Note 19-Jun-2017: It's been less than three months and Phillips Carbon Black has run up to above Rs. 600 (from the price of Rs. 330 when we wrote this). The Q4 results were excellent and while the stock has a current P/E of 25, we think this is not a good time to buy more. In fact, it would be brilliant to just book profits. But there's a better way than just selling. In deference . . .
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