BUY: DIC India at Rs 241
BSE Code : 500089
NSE Symbol: DICIND
Market Lot: 1
DIC India is a 65.7% subsidiary of DIC Japan, which is the world's largest
manufacturer of printing inks and organic pigments. The company's products
mainly cater to publishing and FMCG sectors, both of which are witnessing
strong growth rates.
Actual consolidated adjusted EPS for December 2005: Rs 16.9
Projected consolidated adjusted EPS for December 2006: Rs 20.1