Today's Buy

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Buy ABG Shipyard at 680

This stock is oversold and seems to be on its way to gain in few months. The EPS(earning per share ) is at Rs 22.98 and last years sales at Rs. 275 crore. Both UTI opportunity fund and Tata mid cap funds are both invested upto 20 % in this comapny.

we really like the position for this company. On March 18, ABG Shipyard Ltd has informed that the Company has received ship building subsidy amounting to Rs 12,79,57,884/- (Rupees Twelve Crores Seventy Nine Lakhs Fifty Seven Thousand Eight Hundred and Eighty Four Only) from the Ministry of Shipping, Road Transport and Highways, Government of India towards Yard No. 209 & 211.

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