Forum

Siddhartha has posted massive net profit growth – from Rs 4.27 crore to Rs 12.66 crore.

Siddhartha’s core business led to the growth as its income rose to Rs 19.44 crore from Rs 10.27 crore while its expenses increased merely to Rs 6.78 crore up from Rs 6 crore.

Siddhartha’s EPS stands at Rs 50.48, the P/E ratio at 15.85 times and the net worth per share at Rs 197.28.

SIl best for long and short, itws worth paying 1200 already. Trying to grab more on next trading day.

SIl best for long and short, itws worth paying 1200 already. Trying to grab more on next trading day.

SIL will hit 10% monday..

Reasons:
1. Growth of 3 times
2. Bonus share of 40% (expected)
3. Low paid up capital
4. Its time of general insurance company to grow
5. U know, there are only around 7 lakh kittas of ordinary share in the market..due to this scarcity person holding share would get good price sell..
6. Its out of few share which had not decreased even when the market was crashing. U can see my previous post too.. When i had opined about SIL

What a great achievement? As, compare with other insurance company's eps and the company will going to AGM before Ashwin, its price will rise up to Rs.1200 with in a month.

herdai jau mitra, next one month ma sil 1100 when bonus delcared will cross 1300

SIL KO PRICE 100 vaye then SIC KO 2000 and UIC KO CHAI 1500 pugla ki kaso :p

It's price should be atleast 1100.....

Sidhartha insurance has come up with mind blowing profit rise of more than 200 Percent and its eps stand now to 50. Ab price kati samma pugla yasko since its giving bonus around in ashoj,,