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Tuesday, 24 October 2017

Update: Electrosteel Steels Ltd

Stock is Rs 10 FV ( whereas stock like Bhushan Steel is Rs 2 FV)

Dalmia Bharat is amongst most profitable/efficient group. If Dalmia Bharat promoter succeeds in getting ESL, bright chances of co turning around. *Under new leadership of Dalmia Bharat promoter,  ESL can be 4x in 15-18 months*

ESL plant is most modern and needs funds to operate at optimum capacity

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