raavigeorgian

Sandur Manganese 13yr BO Retest + Volume Breakout post results

Long
BSE:SANDUMA   SANDUR MANGANESE & IRON ORES L
- Sandur had EPS of Rs .160+ for FY 2020-21. At that time iron ore price was 2400-2700.
The EPS of June quarter itself is 165.
- Capacity expansion permission likely to be received before Dec 2021 as per concall, which will double the capacity.
- If iron ore prices sustain at current levels of 7000, EPS will be 1500/= against current share price of 2130.

Note: I reserve the right to be wrong.

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I am not a SEBI registered analyst. Please consult your financial advisor before investing.

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