VALUE PICK FROM INDIAN STOCK MARKETS

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Thursday, February 10, 2011

EPC INDUSTRIES - M & M TO PICK 38 % STAKE

EPC Industrie is one of our past recommendation @ Rs.61 (Old Report HERE) . Yesterday company announced the entry of Mahindra and Mahindra (M & M) as one of the promoter ,by way of issuing 65.58 lac equity shares on preferential basis which is close to 40% of the total equity. This is expected to a big relief for EPC which was struggling to utilize the available opportunities due to lack of working capital.CMP is Rs.76.95

2 comments:

rahulFebruary 10, 2011 at 2:09 PM
dear value pick are u confident about advanta india management.can the promoters be trusted because this share has everything needed to be a multibagger.
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NeerajFebruary 10, 2011 at 4:30 PM
what is your stand on it now.

hold, sell or buy.
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