Oct 1, 2012

Adhunik Metalliks sold its Cement business for Rs.560cr: News update

As promised, the company’s “transformation is on right track”. Company is converting its main business model to steel, mining and power. It already sold its automobile subsidiary and now it sold its cement subsidiary. It is a welcoming move as it is taking steps to minimize its debt and transforming the business.
Immediate targets for the stock are 34.5/-, 39/- and 51-55/-
In long term, it is a three digit stock and you will get multifold returns in this stock.
Advance wishes

With thanks

Be and make

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