SURANA CORPORATION SHARE

Shri mahesh sir, I want to know about SURANA CORPORATION. It is like mmtc? Company gave very good dividend last year thanks ask by shri fatehmohammad ansar ji
1.Surana Corporation is a non banking finance company and MMTC is a mining trading company.
2.Surana Corporation is a 10 rupees face value share belongs to B group.
52 week low of Surana Corporation is 13.40 at 9 march 2009.
3.Promoter holding in surana corp is 46.09 percent and they pledged their 42.68 percent holding.
4.Surana corp gives only 12 percent dividend in this year.
5.basic and diluted EPS after extraordinary item of surana corporation in quarter June 09 is 2.90 only
6.March 2009 book value of Surana Corporation is 3.79 only
7.so I do not agree to compare this company by MMTC, overall we think that current price near about 40 of this company is not support this company fundamental and we do not like this share.

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