Joindre cmp 33 Target 40

28 Tem 2017

Good quarter numbers posted this FY! Expecting good numbers in coming quarters. company is virtually debt free. Small Equity base. Promoters hold 63.7% of total equity. Trading less than its BV of Rs. 37. Trading at 9 P/e against 28 industry P/e. Regular Dividend paying company. 33cr Reserves against 13cr Equity. Joindre buy CMP 33 target 40-50-55 ultimate Target 75-80 in next 9-12 months.