medium term pic-- SEL MANUFACTURING

sel manufacturing posted decent numbers on sales growth and profits. During the quarter, the profit of the company rose 18.63% to Rs 239.41 million from Rs 201.81 million in the same quarter previous year.

Quarterly Results - Standalone (Rs in mn)
As at	Sep - 10	Sep - 09	%Change
Net Sales	3,806.96	2,635.42	44.45
Net Profit	239.41	201.81	18.63
Basic EPS	2.81	NA

one can buy at current levels for a medium term  six to eight month target of  60.00