LEEL ELECTRICALS After Rs 1550 Cr.......! cash reciept from Havells from CD bussiness sale. LEEL Electric is now a debt free company with a turnover to equity ratio over 50, EPS over 30 on the most conservative side ,book value over 500, with a pledge free promoter holding off over 55% growing at a CAGR of almost over 30% and customers being all the leaders of the industry and that too in a highly capital intensive manufacturing facilities and with a cash rich balance sheet, much more.....all this at a price of 180 per share or less than a market capitalisation of 720 crores.. I dont think any other compnay is listed at NSE or BSE with such fundaments.
feel that it may achive target: RS 350 by END OF FY18.