Suven Life Sciences Ltd - Penny Stock Idea

CMP: 16


Suven Life Sciences Ltd., manufactures, designs, and exports pharmaceutical products. The Company supplies bulk actives, drug intermediates, and fine chemicals to the global life science industry.

Suven Life Sciences is a 198 Crore penny cap stock. Its currently trading at a more than fair P/E of 19. Good dividend yields of 1.50% in the last 12 months. Manageable liabilities. Revenues have been steady and grown from 113 Crores to 150 Crores in the last 5 years. Profits also has been steady at around 10 Crores over the last 5 years due to marginal dip in NPM. Last 2 quarters have been good overall in terms of Revenue growth, NPM & Profit rise. As it continues along similar lines, the stock price should go up.

Suven Life gains on securing 4 product patents.

The stock was trading at Rs17.35, up by 3.27%