Penny Stocks - Himalaya International - Penny Stock Idea in Equity / Stocks - CMP: 25
Himalaya International Limited produces frozen vegetables, frozen ethnic dairy products, and ready to eat meals.
Himalaya International is ...
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04-12-2011 12:20 AM
Himalaya International - Penny Stock Idea
CMP: 25
Himalaya International Limited produces frozen vegetables, frozen ethnic dairy products, and ready to eat meals.
Himalaya International is a 128 Crore penny cap stock. Himalaya International is a fair bet at P/E of little over 6 which is inline with industry standards. Its revenues have grown consistently at over 30% a year in the last 5 years. NPM has been steady at 25% which is impressive for a penny stock. Liabilities are well managed and food industry is looking very healthy. The stock looks bullish after recent falls and should do well as the growth story continues. Buy, accumulate on dips and hold for long term gains.
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