Penny Stocks - Premier Explosives Ltd - Penny Stock Idea in Equity / Stocks - CMP: 76
Premier Explosives Limited manufactures a wide range explosives and related accessories. The Company's products include industrial explosives, detonators, ...
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07-26-2011 07:18 PM
Premier Explosives Ltd - Penny Stock Idea
CMP: 76
Premier Explosives Limited manufactures a wide range explosives and related accessories. The Company's products include industrial explosives, detonators, detonating fuses, as well as special products such as pyrogen.
Premier Explosives is a 62 crore penny cap stock. Its currently trading at a P/E of 7. High dividend yielding stock with yields of 2.60% in the last 12 months with minimal liabilities. Revenues have picked up slowly and steadily from 66 Crores to 95 Crores in the last 5 years. Profits have picked up from 2.60 Crores to 10 Crores in the same period. Buy with long term perspective.
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