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Thursday, November 23, 2006

Capital Market Telefolio Recommendation


BUY: Goodyear India at Rs 176

Now full details:

BUY : Goodyear India at Rs 176
BSE Code : 500168
NSE Symbol: Not listed
Market Lot: 1

A 74% subsidiary of Goodyear Tyre, USA, Goodyear India has posted remarkable
growth in the current year. With benefits of lower raw material prices
expected in future and buoyancy in auto industry, the company should witness
healthy growth in future as well.

Actual EPS for December 2005 : Rs 3.8
Projected adjusted EPS for December 2006: Rs 16.9
Projected EPS for December 2007 : Rs 22

Thanks Vishesh