Wednesday, April 8, 2009
ALOK INDUSTRIES is a profit making, dividend paying company and the share is currently trading near its lows of approx. 13.60. The 52 week high was 73 and low was 11.55. The stock is going at a mouth watering PE of less than 2 and the Book Value is around 60 Rs. This stock also trades in F&O which means it can see unlimited gains in a single day. This is a stock having great fundamental value and is looking all set for a technical breakout. Targets can be 25, 36 and 55 for long term Investors.