Decolight Ceramics is not a terribly cheap company. Fundamentally, it does not deserve Rs 50 kind of levels. It should trade in a band of Rs 42-45, said CNBC-TV18's stocks editor, Udayan Mukherjee.
Decolight Ceramics is not a terribly cheap company. Its expected 10x PE for FY08 and bigger companies are trading at single digit PE, so it is highly priced issue. It should drift down further during the day. Fundamentally, it does not deserve Rs 50 kind of levels. It should trade in a band of Rs 42-45.
Looking at the listing of Glory polyfilm I can certainly say that companies based in gujarat will rarely make loss on listing.. Same is the case of Bhagwati Bonquets.. I think its becoz major share traders are from gujarat .. Good gaining guys..
you are right subba,better to invest in Euro ceramic.Recently it has showm good movement.Is there any still momentum left in Euro ceramic?suggest if u know anything