Penny Stocks - ABC India Ltd - Penny Stock Idea in Equity / Stocks - CMP: 119
ABC India Ltd. delivers cargo throughout India and other countries and territories. The Company offers services such as ...
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04-14-2011 01:11 AM
ABC India Ltd - Penny Stock Idea
CMP: 119
ABC India Ltd. delivers cargo throughout India and other countries and territories. The Company offers services such as complete logistics solutions, turnkey projects, and domestic and international cargo handling.
ABC India Ltd is a 65 Crore penny cap stock. Decent dividend yields of 0.42% yields in the last 12 months. High book value at 67. Revenues have been consistent and slowly rising in the last 5 years. PAT has been erratic spiking in FY09. Revenues have grown close to 100% quarter over last years quarter with also NPM spiking above 4%. Its trading at a fair P/E of 16. If the coming quarter results are as good as last quarter, the stock will remain bullish. Buy with minimal exposure, accumulate if good results flow in and hold for long term gains.
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