Equity / Stocks - Vivimed Labs Ltd in MARKETS - CMP : 294
Vivimed Labs Limited manufactures specialty chemicals and cosmetic ingredients.
Vivimed Labs is a good pick in small ...
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02-03-2011 11:04 PM
Vivimed Labs Ltd
CMP : 294
Vivimed Labs Limited manufactures specialty chemicals and cosmetic ingredients.
Vivimed Labs is a good pick in small cap space. Their revenues and PAT have doubled quarter over quarter between Dec FY10 and Dec FY09. Their NPM have improved from 8% to close to 11% in this period. These are very positive numbers that i always look for. Its a decent dividend yielding stock with 0.5% yields. Its currently trading at a P/E of 12, well below industry standards and is attractive. Buy, Accumulate on dips of 15% and hold for long term gains.
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