CMP : 68


La Opala RG Limited manufactures glass and glass products. La Opala RG is an undisputed leader of Tableware items in India .The brand 'La opala' commanding a huge brand loyalty in Indian crockery market.

La Opala RG is a 74 Cr penny cap share with solid revenue base and varying NPM in the last 5 years. FY08 and FY09 were bad in terms of NPM. It recovered nicely in FY10 with NPM of 3% and is currently driving its NPM to 13% in the latest quarters which is a major positive. Liabilities are little on the higher side, but should not pose a problem as long as NPM is on the move. On the chart, its got good support at 60. Its currently trading at a P/E of a little over 10. Buy, accumulate on dips of 20% and hold for long term gains.