http://mmb.moneycontrol.com/stock-message-forum/maharajashreeumaidmills/comments/244012
With CRISIL target of Rs. 863 being a fair value, this L N Bangur's closely held cash rich Company is available rather cheap now. Long term basis it is worth accumulating in the price range of 365-455 which looks like the support zone at present. Evidently, market is not very happy with the 'miserly' approach of the promotor.
PS: Updated chart show a Fibonacci projection favouring exit around 580 with a recommendation for re-entry at lower level.
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