The Hindu Business Line : Cosmo Films: Value pick

The stock of Cosmo Films has been gaining steadily; while it returned 4.3 per cent on over a week period, on a month-on-month basis, the stock returned 15 per cent. According to brokers, the stock has been seeing value buying from institutional investors.

Analysts are referring to Cosmo Films's Q1 numbers as being in line with expectations.

The company expects power and fuel costs to reduce marginally once its gas-based power plant is commissioned at Vadodara.

Incidentally, expansion projects for shoring up thermal and BOPP films capacities are in place. Marketmen also feel that the EPS of Rs 3.15 is quite significant over the corresponding period last year. On Thursday, the Cosmo Films stock closed on NSE at Rs 106.15, a 3.3 per cent decline.

Trading was brisk, with 2.6 lakh shares making up the total traded quantity.

Nilanjan Dey

More Stories on : Stock Markets | Stocks | Ear to the ground | Packaging

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Wheat prices flare up again

Depression crosses over; rain deficit stays at 2%

SBI urges ICAI to defer accounting code

Drug prices may come down more than 50 pc

Nuclear deal: PM firm on `acceptable basis'

HM appoints HDFC as advisor for Bengal land sale

Reliance Life to target Reliance Comm subscriber base

Varun Shipping dips on rate concern

Cosmo Films: Value pick

Cable operators for upward revision in CAS tariff

COAI seeks more spectrum

DoT readies revival package for ITI