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Indag Rubber

Indag Rubber is a well established company with market cap of around 457 crore and small equity cap of mere 5.25 crore.
With current reserves of around 122 which are finding increase qr to qr, its margins and valuations are also finding the rise. A dividend paying company and ROE of 33% enjoying better price to earning it is a debt free company.

Fairly priced for now, one can invest at current price for decent return giving med to long term time horizon.

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