Market after Budget: How to proceed
July 17, 2014
Metkore Alloy Industries
August 5, 2014

RATHI BARS

Dear stockholders, Today i have chosen a scrip from steel space which seems attractive towards some points.

RATHI BARS @ CMP : 6.29

Rathi Bars is in the Steel – Medium / Small sector. Its current market capitalization stands at Rs 10.27 crore.
It is a 10 face value share with Profit earning ratio of ~ 3.2 i.e. in under-priced range , so it has a potential to become a three digit share value company in coming 3 years span. It has not given dividend for last year. Its promoters holding is 59% , while good thing is that it has no pledge holdings.

This stock is recommended to buy anywhere between 5.5-6.5 rupee in at least 100 units to get superior returns. 

Note: Author is planning to buy this share @ CMP with 1000 units.

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