Thursday, June 4, 2009

Subhash Projects @ 136 # Closed - Target achieved on 29.06.10 #

Subhash Projects & Marketing is an engineering, procurement, and construction company, engaged in turnkey execution of projects.

- Th company has bagged projects worth Rs.600 Cr this yr.
- The approx order book size if approx 3500 Cr.
- Has grown from 230Cr co in 2005 to 1167 cr in 2008.
- FY09 9 month EPS is 12. Trading @ P/E of 8.
- With signs of revival in economy co is likely to perform better going forward.
- 52 wk lo-35.5 hi - 283

Buy / remain invested for atleast 1 yr. tgt price 192 +

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