Query Trends : Su-Raj Diamonds

Query : I have 500 shares of Su-Raj Diamonds @ 62.50,what are the future prospects of the company? and how long should I hold these shares?what about its immediate targets? Sachin Gutpa

Thebullishtrends : Su-raj Diamonds shares are trading at Rs.79. Su-raj Diamonds is a part of Su-Raj Group engaged in the maufacture of gold,silver and paltinum jewellery,color stones and polished diomonds. It has factories in Chennai,Bangalore,Kolkatta and Cochin. It has international market setup in various countries. It has posted 33.36% growth in netprofit for the quarter eneded Sept'07.

We are expecting that it will will topline growth 35-50% for the next 3-4yrs. If you are a longterm investor then hold this scrip.