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What to expect this week

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The stock is up by around 2 per cent over a week after touching its all time high levels of Rs 220 last week on NSE. It trades at 15 times its FY07 earnings.

The company ended FY07 on a robust note with net sales and net profits jumping 25 per cent and 77 per cent respectively. Lakshmi is one of the leading manufacturer or processor of rice and wheat.

 

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What to expect this week

Expect the bourses to remain awash with liquidity from foreign institutional investors (FIIs) following which, broad indices may test uncharted territories.

The stock is up by around 2 per cent over a week after touching its all time high levels of Rs 220 last week on NSE. It trades at 15 times its FY07 earnings.

The company ended FY07 on a robust note with net sales and net profits jumping 25 per cent and 77 per cent respectively. Lakshmi is one of the leading manufacturer or processor of rice and wheat.

 
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