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Renuka Group with Q1 2013 results

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Post  hariesha Thu Aug 16, 2012 5:23 pm

RAL should be about Rs.2.50 as latest rights issue was at Rs.4/-

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Post  slstock Fri Aug 17, 2012 2:41 am

"RAL should be about Rs.2.50 as latest rights issue was at Rs.4/-"

What does this mean Hariesha

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Post  hariesha Fri Aug 17, 2012 12:27 pm

Sorry, It should be read as NAV (Net Asset Value) of RAL estimated to about Rs.2.50. Prior to rights issue NAV was Rs.1.70 level.

Why there isn't EDIT facility?

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Post  hariesha Thu Aug 23, 2012 3:51 pm

Correction :

RAL asset value prior to rights issue : Rs.2.95
Rights issue was at 2 for 5 @ Rs.4/-

Adjusted NAV of RAL after rights : Rs.4.09

Refer the new analysis.

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Post  hariesha Mon Aug 27, 2012 11:56 pm

RAL has increased dividend rate from RS.0.10 to Rs.0.14. I think this is a strong indication about strong results for the six months ending Sep. 30 2012, after amalgamating Rich Life results for the first time.

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