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Stock Synopsis
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
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Market Maniac
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Joined: 22/May/2010
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Posts: 245
Quote Market Maniac Replybullet Posted: 17/Aug/2010 at 2:54am
Co. is coming out with a rights issue in the ratio 1 new share for 4 existing shares held at par (10/-)

This Excercise will raise 45,00,000/-

Now co. pays a Dividend of 1.05Cr. every year.

FY10 PAT - 4.5Cr.

Does it make any sense to you.
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