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Multibagger penny stock recomendation BSE Vinay Cements Limited

Written By Sheffin on Tuesday, January 5, 2010 | 11:40 AM

Multibagger penny stock recomendation BSE Vinay Cements Limited

BSE Code: 518051

This is extremely low volume stock

So its advisable for high risk high gain trades.

Since Vol is very low,it means stop losses shouldbe deep enough to eradicate triggering of stop losses by normal market noise.

CMP: Rs 43.85

Promoters hold nearly 75 percent stake .
Group / Index : B
Face value : 10.00
Industry : Cement & Cement Products

Net loss in Sep 2008 was 30 lakhs
net loss for 12 months ended march 2009 was Rs4 crores
june 2009 profit was Rs 67 lakhs!!!
in sept 2009 net profit was 44 lakhs
So this company is a turnaround story

vinay cements

Sl : Rs 37
Target : Rs 80

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