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Balmer Lawrie & Co ltd – Call closed – 68% returns

Posted on: August 8th 2010 in Investment Ideas.

CALL CLOSED. Current market price: 388.50 (after bonus). Long term target: 640. Book value: 304.96. P/E ratio: 10.11 Balmer Lawrie started its corporate journey as a Partnership Firm on 1st Februry 1867 at Kolkata, founded by two Scotmen – George Stephen Balmer and Alexander Lawrie…

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