Tuesday, September 28, 2010


1. ENSA STEEL INDUSTRIES LTD is a 10 rupee face value iron and steel company.
2. book value of ensa steel industries is 139.29 and share traded at 11 only
3. I have 400 share of ensa steel industries ltd so my personal interest is included in this stock.
4. 52 week high of ensa steel ltd is 19.80 and 52 week low is 10.00
5. promoter holding of ensa steel ltd is 29.59 %
6. EPS of ensa steel ltd is -0.40 so company is currently in loss , it is the main reason of share low price but I think when company turn around in profit share easily multiple from here so I told this share in FSP series of this blog.
7. last week we discuss DHANUS TECHNOLOGY LTD is FSP series 1 @16 and now after 7 trading session price of this share is 24.65 total 54 % profit so I think this is sufficient profit to book but you may decide your own target at your greed and risk taking profile.
8.Ensa steel ltd was incorporated on 25th January 1984, as Palace Beauty Estates and Properties Ltd.
9.The name of the Palace Beauty Estates and Properties Ltd was changed to Ensa Steel and Developers Ltd. on 19th July, 1989 and to Ensa Steel Industries Ltd. on 26th December 1990.
10. The commercial production of the ensa steel is started in 1988.
11. Mr. Nitin J. Sandesara is the chairman and M.D of the ensa steel ltd.

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