DALMIASUG:106 support 92

DALMIASUG:106 Technically weak now, huge volume but doesn’t look like a any accumulation here, it may find support around 92.Fundamentals are improving, like, it improved sales and profit. Debt is reducing.
But it will have all the seasonal distress like all in sugar' industries.

Market Cap.: ₹ 871.02 Cr.
Book Value: ₹ 96.75
P/E: 4.86
Dividend Yield: 1.86%
ROE: 19.96%
EPS: ₹ 22.14
DE:1.65 Almost all the companies in sugar' industry is having a high debt burden
Expected quarterly EPS: ₹ 13.08
if the above expectation comes out to be true the stock will move to 200 again.

They have robust quality systems and also embarked upon 5S & TPM initiatives to create world-class systems & processes, make product of high quality which has found wide acceptance in markets and institutional buyers such as Pepsi, Coke, Britannia', Bharati Wal-Mart, Parle etc. who have tough quality norms.
The management is nothing less than a world class industrialist, and a clean personality Mr. Puneet Dalmia, is an IITtion from Delhi and a gold' medalist from the IIM Bangalore in strategy and marketing. He has good experience in the industry started his career as co-founder and Chairman of one of the most profitable e-recruitment websites in India, JOBSAHEAD.COM, which was later acquired by Monster.com, a Nasdaq listed multinational company. Mr. Puneet Dalmia is the master brain of the growth strategy and governance architecture for the Company to focus on its core businesses and is spearheading the growth plans for the group.
I conclude here that, it is a safe bet at these level to enter in to this company for a good return, in an year.
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Feragatname