Thursday, February 13, 2014
P C Jeweler Ltd: A clear Break Out
P C Jeweler Ltd came out with good set of numbers for the Q3FY14, when the net income of the company came as Rs.1327.92 Cr as against Rs.1021.29 Cr in the same period previous year. Inspite of higher expenditure and interest rate, the PBDT of the company for Q3FY14, came out to be Rs.115.34 Cr as against Rs.86.64 Cr in the same period previous year.
The net profit of the company after higher Depreciation and Tax came at Rs.79.98 Cr as against Rs.66.80 Cr, in Q3FY13. The EPS of the company for 9-months comes as Rs.15.02. The scrip is expected to cross Rs.100, within this month. Stay invested. Also, watch out for other gold stocks too--they might also spurt up suddenly.