Spice Mobiles - Long Term Stock Tips

  • CMP: Rs 69
  • Target Price: Rs 80
  • EPS: Rs 7
  • Dividend: 9 %
  • Book Value: Rs 10

Spice Mobiles Stock Analysis

  • Spice Mobiles is a popular maker of mobile phones. It has plans for huge investents
  • Currently planning to expand rapidly in Asian and African  mobile phone markets
  • Board has approved to raise 700 crores for capex.
  • Between 2009-2011 the Revenue is expected to raise by 41% compounded rate.

Recommended By:  VSR Sashtri, First CAll Equity Advisors

Source: Sakshi Business News

The above stock recommendations are based on company fundamentals. We are not responsible for your investment decisions

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