CMP: 244

Seshasayee Paper & Boards Ltd. manufactures paper, paper boards and pulp. The Company's products include different varieties of paper pulp, wood pulp & fibrous pulp, cellulose and other materials required by the company.

Seshasayee Paper & Boards is a value buy at a P/E of less than 5. Liabilities are little on the higher side. But thats compensated by the solid business revenues and profits they make. Revenues have grown slowly, but steadily. Bottom-line has grown 50% in FY11 much higher than its routine growth. NPM at 10% is not so bad. Its not a multi-bagger pick by any means. Its a low P/E stock with decent upside potentials.