Equity / Stocks - Tide Water Oil Co India Ltd - Safe Bet in MARKETS - CMP: 6400
Tide Water Oil Co (I) Limited manufactures automotive and industrial lubricants.
Tide Water Oil Co is a good ...
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08-20-2011 10:00 PM
Tide Water Oil Co India Ltd - Safe Bet
CMP: 6400
Tide Water Oil Co (I) Limited manufactures automotive and industrial lubricants.
Tide Water Oil Co is a good bet in small cap space. Its currently trading at a P/E of less than 9 with good dividend yields of close to 1% in the last 12 months. Revenues have grown steadily from 256 Crores to 695 Crores in the last 5 years. Profits have risen from less than 8 Crores to 64 Crores in the same period. NPM has grown from less than 3% to 9% in the last 5 years. There's good support on the chart at 6000 levels. Buy with long term perspective.
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