Penny Stocks - Asahi Songwon Colors Ltd - Penny Stock Idea in Equity / Stocks - CMP: 72
Asahi Songwon Colors Limited manufactures phthalocyanine pigments. The Company produces pigment green 7 and pigment blues.
Asahi Songwon ...
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02-21-2011 07:48 PM
Asahi Songwon Colors Ltd - Penny Stock Idea
CMP: 72
Asahi Songwon Colors Limited manufactures phthalocyanine pigments. The Company produces pigment green 7 and pigment blues.
Asahi Songwon Colors is a 88 crore penny cap stock. Its currently trading at attractive P/E valuations of little less than 5. Liabilities are well managed for the PAT they make every year. NPM is decent at little over 10%. Revenues are growing steadily and rapidly year on year. Its pretty high dividend yielding stock with yields over 2% in the last year. Buy, Accumulate on dips and hold for long term gains.
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