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FINANCIAL CHRONICLE™
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1.75 MWh new power plant commenced operation on 15 th, quarter on qarter results increasing, if march quarter done atleast Rs 40 million, PE comes down to around 8.5 times, as December quarter has done Rs 176 million, we can expect more than Rs 40 million, i feel VLL going to be the cheapest hydro power based on valuation. I am excited to see thier results. What are your views.
Hold your horses till growth returns; VLL looks interesting. VLL business growth has been reviving since the start of FY15. The supporting factors being stable and may lead its sector with heavy rain fall. The quarterly reports are on the uptrend and keep reminding they have paid reasonable dividend last time.