COMPANY
NAME- SESA
GOA
26-NOV.-10.
RECOMMENDATION- SELL
PRICE TARGET -
250
COMPANY BASIC INFORMATION
|
ISIN Id
|
INE205A01025
|
|
BSE Id
|
500295
|
|
NSE Id
|
SESAGOA
|
|
INDUSTRY
|
Mining/Minerals
|
|
Market Cap
|
25739.49
|
|
Book Value
|
83.88
|
|
EPS (TTM)
|
34.32
|
|
Price/Book
|
3.57
|
|
Face Value
|
1.00
|
|
P/E
|
8.72
|
|
Div(%)
|
325.00%
|
|
Industry P/E
|
33.98
|
|
P/C
|
8.56
|
|
Div Yield (%)
|
1.09
|
|
STOCK PRICE HISTORY( NSE)
|
|
All Time High
|
4400.00
|
|
All Time Low
|
37.10
|
|
52 Week High
|
495.00
|
|
52 Week Low
|
296.00
|
Recommendation-
The stock has given a downward breakout, out of a consolidation price pattern.
It made an intermediate high in April this year and then entered into a sharp
price correction immediately. However around lower levels again it started to
make a consolidation pattern which now has happened to be a pause in the ensuing
correction. A weekly closing below its supports and a new 52 week low on the
same sessions will definitely spark more weakness in the stock and attract
bears. We therefore recommend a sell on the stock around 310-315 levels with a
stop above 340 for a very short term target of 250.