Sandur Manganese 13yr BO Retest + Volume Breakout post results
- 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.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.https://www.tradingview.com/x/U0cEGhpu/
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.
DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.https://www.tradingview.com/x/U0cEGhpu/
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