A leading stock broker is bullish on Mandhana Industries. The company has reported a net profit of Rs. 33.08 crore on a turnover of Rs. 424.53 crore for the first half of the current fiscal against a net profit of Rs. 29.39 crore on a turnover of Rs. 328.71 crore for the corresponding period last year. For the entire 2010-11, the company had posted a net profit of Rs. 66.75 crore on a turnover of Rs. 838.29 crore. Free reserves exceeding Rs. 352 crore against the equity capital of Rs. 33.12 crore make the stock a bonus candidate, too.
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