Thursday, July 22, 2010

SEL Manufacturing

SEL, a textile related company whose financial number seems to be good. It seems like a fully export-oriented company. Considering its good financial number till now and its expansion plans, one can buy now at Rs50 for a target of Rs70. But bad thing is debt, but I think that has already been it affect on the price of the stock.

Find more analysis of this stock at 
  1. Indian Stock News
  2. NSE Guide 
Recently it announced its first phase of the project in state MP costing Rs1920crores been completed. Second phase of the project is in progress.

One should do his own decision whether to buy this share.

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