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Friday, September 4, 2009

COMPACT DISC INDIA LTD. BOARD RECOMMENDS DIVIDEND

Compact Disc India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 04, 2009, inter alia, has recommended Dividend @ 20% i.e. Rs. 2/- per share for the financial year 2008-09 which shall be finally declared in the forthcoming Annual General Meeting to he held on September 30, 2009.
http://www.bseindia.com/qresann/news.asp?newsid=165905B7-B294-4AD8-8685-B2155B30E176&flag=I&type=A&scrip_CD=526141

Cheers!

6 comments:

somen said...

Sir. Laxmi Mittal on Uttam Galva. Whats your view on this news.,. Any actionables on Uttam Galva for short and long term??

sangjukta said...

Sir.. Looking for your urgent suggession on Rei Agro.. Shall I invest??

Superstar said...

Hi Somen,
Uttam Galva has already run up a lot in anticipation of the news of Laxmi Mittal taking interest in it. Now it is running purely on momentum. It's just a matter of time before the momentum in that stock reverses.

Hi Sangjukta,
Rei Agro is a good company but current valuations are stretched. Moreover, the Promoters of that company have considerably reduced their stake in the company over the last one year. It may move up if there is upward momentum in the rest of the market, but that is likely to remain for short term. You can buy it for momentum play if you like, but I would be skeptical in buying it for investment right now.

Cheers!

somen said...

Thanks Sir,
But For REI AGRO if right issue comes share price will decerease,, Then how brokers assuming the target of 40% in short term.Also if we purchase right shares also it will be max no pain no gain. So where is the profit??
Just need to learn u.

Guru bhai said...

Pls suggest entry level for your picks on current market.

Brawny M said...

Hello Sirji,

Do you think it is a right time to buy Suven life for 18-24 months timeframe?

Regards,
Brawny M