Friday, January 27, 2006

FIRST LEASING


price 60
eps:10
consistent dividend pay....best in its sector

benn consolidating for a long time arnd 45-50 levels....have shown spurt in the past 3-4 days to 75 levels....news of FIIs entering it......someone seems to be accumulating it....can show some quick actions......a good n safe pick for decent returns over a period of time...can expect 100....any dip shld be used as a buying oppurtunity




First leasing company of india is one of best NBFC in india
Farook erani (Chairman) has gr8 experinece of banking domain
in last 30 rs compny is continuouly posting higher revernue & profit growth YOY .30 yrs dividend paying history (above rs 2 / share)
This is entring into IT leasing & aircraft leasing
which is emerging as a new revenuew segment
They have wind power project aslo in rajasthan
It has expaned its operational activities in all metros of india

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