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Basically when a company has massive reserves against small equity capital, it is always a potentially good stock for bonus issue. But it is regrettable that management of BL even on founders day has not come up with bonus issue. Would have been better. In any case, one of the best stock to go with.
It is a clear BUY. You can go ahead. With the growth of housing sector and infra likely to pick up companies In housing and house hold product are likely to be in the limelight. More so, V Guard has good market share in its product line.
Buy well before split.