Brief description of the Company: Indsil Hydro Power and Manganese Ltd was Incorporated on 31st Aug'90. The company is involved in the production of Low carbon Silicon Manganese, Regular Silicon Manganese, Hydro and Thermal Power
The company had signed MOU with state electricity board for establishing 71- MW Hydro Power projects, out of which they have already set up 21 MW Hydro Power generation capacity.
Indsil Hydro Power & Manganese is an ideal pick based on it's current valuations and the expansion projects of the company. The company is in the process of expanding it's LCSM facility by more than 100% and is currently trading at a PE multiple of just 4.8.
2 Phase Buying Strategies Suggested [Always buy in SIP ways]
ü 1st Phase : Buy at the current price range Rs 45-47 [50% of investment]
ü 2nd Phase : Add if the price fall down to Rs 38-39 [50% of investment]
>>> Expect at least 60-100% return in next 12 months time frame!!!
Note:
Dear Investors,
I don't want you to miss the buying opportunity so I have posted the article in brief. Details will be updated later on my blog http://varun-investorsforum.blogspot.com/
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