A Kolkata-based knowledgeable stock broker recommends buying Orient Paper at every decline for medium- to long-term rewards. The company has reported a net profit of Rs. 83.44 crore on a turnover of Rs. 1040.50 crore for the first half of the current fiscal against a net profit of Rs. 34.74 crore on a turnover of Rs. 824.51 crore for the corresponding period last year. For the entire 2010-11, the company had posted a net profit of Rs. 143.10 crore on a turnover of Rs. 1959 crore. Equity capital of Rs. 19.29 crore is supported with free reserves of Rs. 940 crore making it a bonus candidate as well, the broker points out.
We look forward to your continous patronage and we serve you with classified secret information related to share tips intraday and you make money with a peace of mind.
