In its latest research report, Stocksidea. com said that Kadamb Constructions Ltd can give good returns in the short term.

The research report further stated that, if the counter is successful to breach Rs 278.60 levels, then it will create a huge breakout.

The investors are advised to hold the stock to achieve a target price above Rs 304.

Furthermore, the firm has suggested a support level for the scrip at Rs 210.

Today (Sep 23), the shares of the company opened at Rs 182 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 177.70 and a low of Rs 12.55 on BSE. Current EPS and P/E of the stock stood at 0.44 & 409.32 respectively.

Kadamb Constructions declared that its Annual General Meeting (AGM) will take place on September 30, 2009.

During its board meeting held during August 2009, Kadamb Constructions said that it is eyeing new investment opportunities in India as well as abroad.

Moreover, the company's directors will think about sub division of company's equity share.