Friday, February 2, 2007
TT Limited is a fast growing company in the hosiery business. I'm sure most of you would be familiar with their TT Brand. They have just declared an interim dividend of Re.1 (10%) which can be availed. The half year eps has been over Rs.3 so far and the stock's closing price yesterday was Rs.24.50. The stock looks undervalued and there is scope for a lot of appreciation from the current levels in the medium term.