Penny Stocks - Ennore Coke Ltd - Penny Stock Idea in Equity / Stocks - CMP: 68
Ennore Coke Limited operates in the trading sector and finances industrial enterprises.
Ennore Coke Limited is a 103 ...
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03-09-2011 10:17 PM
Ennore Coke Ltd - Penny Stock Idea
CMP: 68
Ennore Coke Limited operates in the trading sector and finances industrial enterprises.
Ennore Coke Limited is a 103 Crore penny cap stock. Its a little high on liabilities and also on P/E which is a little over 13. Revenues have picked up in FY09 and has been on a roll in FY10 also. Revenues have risen from less than 1 Crore to over 400 Crores in FY11. NPM is low at 2% and it will be a major upswing if that improves in coming years. Expose minimally on this stock, Accumulate watching each quarter results and hold for long term gains.
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