vishnuvega
09-12-2007, 06:59 PM
Sakthi Finance - At Rs.16/=,this stock is grossly under-priced. AGroup company of the renowned South-Based Sakthi Group, Sakthi Financeis on the verge of entering into Infrastructure Equipment Finance in abig way,for which it has entered into tie-ups with L&T Finance and GECapital. Sakthi Finance's financials have improved for the last fewquarters, and its current Book value is around Rs.27/=. Due to easyaccess of funds by the major customers from banks,Sakthi' s performancewas not so good in the past,but the company has built-up a goodcountry-wide network and deep routed experience in thefield. Moreover,with the buzz going around the markets regarding itssubsidiary - Sakthi Properties, and traded volume with improvingprices,this stock might give good returns for the investedmoney.
mjjlal
mjjlal