Joindre cmp 33 Target 40

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Good quarter numbers posted this FY! Expecting good numbers in coming quarters. company is virtually debt free. Small Equity base. Promoters hold 63.7% of total equity. Trading less than its BV of Rs. 37. Trading at 9 P/e against 28 industry P/e. Regular Dividend paying company. 33cr Reserves against 13cr Equity. Joindre buy CMP 33 target 40-50-55 ultimate Target 75-80 in next 9-12 months.