Posted by
admin in
Companies,
Mid Term Picks on
Jun 28th, 2010 |
no responses
- CMP: Rs 106
- Target Price: Rs 120
- EPS: Rs 10
- Book Value: Rs 135
Resurgere Mines & Minerals Indian Ltd Stock Analysis
- Resurgere Mines manily operates in the mining and processing of Iron ore. Curently operating two mines in Nagan and Maharajpur areas.
- Has long term contracts with China companies to export Iron ore. Recognized as star trading house.
- Between 2009 - 2012 the net revenues and profits are expected to grow by a CAGR of 20% and 28%
Source: Sakshi Business News