As I said in a old post ALUFAB will be the next value gem in the market which will pass 50, 75 , 100 and 150 land marks in future followed by great results. We just saw the turn around Quarter statement with healthy profits so price will adjust for future profits as soon as big shots collect their ownership as what happens with VFIN right now. Just invest in this company and wait for three years you will get more than 400% gain.
Do not play with Market waves as a ordinary Investor who make their Brokers rich. Select the correct company and wait. We do not see these kind of shares all the time so forget about others and grab the opportunities quickly. There will be a time this share also overvalued so do not wait till it passes 50 to buy. With this results i will buy this share at any price below 45 if you can wait for 1 year. I have ALUFAB bought at 29 and will buy few more if wave comes to my side.
One more Plus point is company has more than 134m in cash This is a huge amount for a small company like ALUFAB. So DP do not want to go for a Right issue for its expansion and he will do wonders with this money. Cash per share is around Rs. 11.