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@Redbulls wrote:Alutec Anodising & Machine Tools, known as the Alumex group bought by Hayleys group for Rs.2.185 Billion in Nov 2010.
In the same month Hayleys disposed 700,000 shares for Rs. 942,613,636 to Akbar Bros, Hirdamani Group and Star Pack Investments.
As at 31/03/2013 Hayleys had 1,200,010 shares (60% holding).
Now interesting question is the original shares were split into how many?
@SLFINANCEWATCH wrote: chinwi why dont you compare with last year 1st qtr results..Its the way to go..Every Industry have seasonal effects..
@SLFINANCEWATCH wrote:At chinwi..why dont you talk about 84.00% profit growth Directly..
PLEASE MENTION OTHER STOCKS WITH NAMES..DON'T CRITICIZE SHARES WITHOUT CORRECT INFORMATION........@EquityChamp wrote:Alumex can be a good counter but there are even more good counters in the market valuable more than ALUM as well as trading at low PE multiples.
better to screen through few more and select the most valuable one.
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