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Thursday, November 5, 2009. Usha Martin Q2 FY10 BUY Target Price Rs98, Downside 51.4. Usha Martin Q2 FY10 BUY Target Price Rs98, Downside 51.4. Topline grows 18 qoq to Rs4.9bn, led by 14 qoq. OPM in Q2 FY10 contracts 260bps qoq to 16.1 due to higher. Realizations were under pressure on. Of an appreciation in the rupee and lower realizations in the export market. Increased to 54.5 on account deferred tax payments. Maintain BUY with a target price of Rs98share. Effective tax rate .CONTENT
This web page 7moneywonder.blogspot.com states the following, "Thursday, November 5, 2009." We saw that the webpage said " Usha Martin Q2 FY10 BUY Target Price Rs98, Downside 51." It also said " Usha Martin Q2 FY10 BUY Target Price Rs98, Downside 51. Topline grows 18 qoq to Rs4. 9bn, led by 14 qoq. OPM in Q2 FY10 contracts 260bps qoq to 16. Realizations were under pressure on. Of an appreciation in the rupee and lower realizations in the export market. 5 on account deferred tax payments. Maintain BUY with a target price of Rs98share."