Penny Stocks - Roto Pumps Ltd - Penny Stock Idea in Equity / Stocks - CMP: 87
Roto Pumps Ltd. manufactures progressive cavity pumps. The pumps are used in dewatering in mines, and other applications.
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03-17-2011 02:06 AM
Roto Pumps Ltd - Penny Stock Idea
CMP: 87
Roto Pumps Ltd. manufactures progressive cavity pumps. The pumps are used in dewatering in mines, and other applications.
Roto Pumps is a 27 Crore penny-cap stock trading at an attractive P/E of less than 5. Liabilities are well balanced. Its a good dividend yielding stock with yields of over 2% in the last 12 months. Revenues have been solid and growing slowly and steadily. NPM has grown steadily from 4% to 8% in the last 5 years which is always a positive. PAT has been growing healthily aided by growth in Revenue and NPM. The stock finds good support at 80. Buy, Accumulate on dips and hold for long term gains.
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