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Monday 5 September 2016

*****KIRLOSKAR OIL ENGINE - WAITING FOR GOOD TIME****

Having equity capital of  28.92, Promoters holding 59%, Book value of Rs. 99 and almost debt level is zero. The co. posted top line 651 cr.  in 1Qtr against 577 (last year june-2015) and net profit 58 cr. against 35 cr. The co. will be beneficiary of Auto sector revival and sail on good growth. The co. is waiting for good time and it is very close to it. The stock trading @ 283 level is attracting to add in portfolio for 1 - 2 years. 

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