Fwd: Graphite India Ltd: "In favourable times"
From: info@5pmail.com
Date: Tue, 27 Nov 2007 13:20:51 +0530
Subject: Graphite India Ltd: "In favourable times"
To: undisclosed-recipients
Graphite India Ltd: "In favourable times"
CMP Rs80, BUY
Target price Rs114, Upside 42.1%
ä EAF steel production is witnessing healthy growth
ä Graphite electrode is an indispensable consumable in the EAF
process
ä Graphite electrode manufacturers are operating in a
strong pricing environment
ä GIL has been benefiting from improving business fundamentals
ä Valuations are attractive and deserve a re-rating; recommend Buy
Click below for a detailed report on Graphite India Ltd (GIL).
http://www.indiainfoline.com/adserver/InverstorReport_graphite271107.asp
<http://www.indiainfoline.com/adserver/InverstorReport_graphite271107.as
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Warm Regards,
India Infoline Research Team
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