Equity / Stocks - Dhunseri Petrochem & Tea Ltd in MARKETS - CMP: 162
Dhunseri Petrochem & Tea Ltd. cultivates, processes and markets tea, and manufactures petrochemicals. The Company produces polyethylene terephthalate ...
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03-10-2011 09:54 PM
Dhunseri Petrochem & Tea Ltd
CMP: 162
Dhunseri Petrochem & Tea Ltd. cultivates, processes and markets tea, and manufactures petrochemicals. The Company produces polyethylene terephthalate (PET) resin.
Dhunseri Petrochem & Tea Ltd is an excellent value buy cum growth stock in small cap space. Revenues grew 10 fold in FY10 from 100 Crores to 1000 Crores which is a significant rise. PAT grew 5 fold in FY10 alone. NPM took a dip from 16% to 8% in this period. Revenues are growing at 50% in FY11 and is going strong. Its currently trading at a P/E of little over 6 which attractive. Pretty high dividend yielding stock with yields of 2.50% last year. Buy, accumulate on dips and hold for long term gains.
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