Rain Industries:TP 450

Rain is the largest mfr of CPC in the world and 2nd largest for CTP , apart from 3.5 million ton cement

Today co has to declare Q1 result. Looking at uptrend in prices of its products, Rain can report HIGHEST EVER quarterly PAT

Rain is also setting up 5 lac ton green field project for CPC in India to meet increased demand

Recently CPC prices have touched all time high. Rain can report STEEP rise in H2 profits
There can be many triggers in offing in coming months

Our TP(barring unforeseen)

175-200 by Dec 17

450-500 in 24-30 months

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