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rakeshsaini31  
Joined on : 25th-Mar-2008
Belongs to :  Silver
Posted : 127 messages
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For the FY 2007-08 its EPS is around Rs 10 and they have given 350% dividend(Rs7.5 per share). for Q1(June)08, EPS is 1.5, if it is annualised, EPS for 2008-09 will be Rs 6. For next year due to market condition, they can reduce to 100%(Rs 2 per share). Currently indiabull security is sub 20. so dividend will be 10% of your investment.it is as good as interest on your FD in bank. See after 3 years, when your investment will be thrice, mean it would be atleast 60 and you will enjoy dividend more than 10% of your investment whole life....
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