Now a Bombay-based weekly recommends Jupiter Bio Science Ltd for more than 100% appreciation. Cheers!!
Now a Bombay based weekly has recommended Jupiter Bio Science Ltd. The news goes like this: "The share price of Jupiter Bioscience has corrected to attractive levels. Long-term investors can buy for 100% appreciation in 12-15 months". The scrip has already corrected to some ABSURD LEVELS and should move-up in the days to come. 
Jupiter Bio Science Ltd is doing absolutely well and there is no problem in the company according to my close sources. As per www. bseindia.com, the H1FY11 EPS is Rs.8.2. If this be the case then P/E comes to around 6.32. So if the industry P/E is 26.36, then a modest P/E of 15 can take the stock to more than Rs.120. 
But I have to ask the sources, why the company is going for such equity dilutions!! SEBI should look into the matter of Preferential Issue with close eyes....!! It is a classical case of Alok Industries Ltd of 2005-07.
However, the scrip fell probably more due to operator action than due to fundamentals. 

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