Penny Stock Tips - Sicagen India Ltd - Penny Stock Idea in Equity / Stocks - CMP: 27
Sicagen India Limited is a diversified holding company. The Company, through its subsidiaries, in involved in activities that ...
12-15-2010 11:44 AM
Sicagen India Ltd - Penny Stock Idea
Sicagen India Limited is a diversified holding company. The Company, through its subsidiaries, in involved in activities that include manufacturing refractory bricks, cultivating palm oil, manufacturing pesticides, manufacturing automotive parts and chemicals.
Sicagen India is a 100 Cr penny cap share. Revenues have been steady and growing. NPM has spiked suddenly in the last quarter to 7% and it should be a major plus if it stays there. Liabilities are well balanced and it should be a great bet if NPM holds. At a P/E of 5, its a good buy. Buy, Accumulate on dips and hold
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