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FINANCIAL EXPRESS FRONT PAGE

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Saturday, May 29, 1999

Indal attractive at current valuations
Trading at a P/E of mere 6.2 times, Indian Aluminium Company Ltd is an excellent pick at current levels. The scrip is changing hands at Rs 67, while the book value is strong at nearly Rs 96.

Wipro -- A medium-to-long term bet
Wipro commands a premium valuation to the overall industry price to earning ratio due to superior business mix, excellent long term client relationships, clear growth driven strategy, transparent and conservative accounting policies.

Kargil-struck market likely to hover around 3,675-3,888 points
On May 28, BSE Sensex closed at 3773 points. The index closed with a net loss of 233 points over the close of the previous week.





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