Mercator Lines to start exploration in oil, gas block
Posted on August 20th, 2010 in India Shares
Mercator Lines is going to start exploration in oil, gas block by March, quoting Sources, reports CNBCTV18. It touched an intraday high of Rs 54.35 and an intraday low of Rs 52.20. At 15:20 hrs the share was quoting at Rs 53.95, up Rs 0.95, or 1.79%.
Tags: India Share market, India Shares


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August 22nd, 2010
Projected EPS is Rs 12/- Current Book value is Rs 46/- At two times BV, it should be at Rs 92/- Fundamentals favour a strong buy.