Moser Baer - Another stock from my stable

Moser Baer - लम्बी रेस का घोडा

This is an aggressive company going to be a big player in media/entertainment market.

It has become world's 2nd largest optical media manufacturer [CDs/DVDs/BRDs etc]

It has acquired 81% stake in Philips R&D unit.

It has entered retail movie business and home entertained and is selling original DVDs and CDs at very cheap prices. It already has 2000 strong retail store presence.

I think with country growing and people having high disposable income, slowly people will move into buying original one. Though very slow change will have big impact on company's bottom line.

Moser Baer is early starter and will have a first mover advantage in its foray into PhotoVoltaic Business.

It will make their entry into clean,renewable solar energy. Renewable Energy will be favorite pick in future with Oil prices trading higher and higher

This business is at a very budding stage in India. They will be at leadership position in future.

Long term position can be initiated in the stock.

Current Market Price : 250.

Penny Saved is Penny Earned :-)