Penny Stocks - Gandhi Special Tubes Ltd - Penny Stock Idea in Equity / Stocks - CMP: 128
Gandhi Special Tubes Ltd manufactures steel tube products consisting of seamless and welded tubes. The Company also manufactures ...
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09-14-2011 12:19 PM
Gandhi Special Tubes Ltd - Penny Stock Idea
CMP: 128
Gandhi Special Tubes Ltd manufactures steel tube products consisting of seamless and welded tubes. The Company also manufactures cold forged nuts. Gandhi Special Tubes caters to the automobile and general engineering industry, its customers include Tata Motors, BHEL, Voltas, Samsung and LG.
Gandhi Special Tubes is a 188 Crore penny cap stock. Its currently trading at a P/E of less than 7 with exceedingly good dividend yields of close to 4% in the last 12 months. Minimal liabilities. Revenues have steadily grown from 61 Crores to 92 Crores in the last 5 years. Profits have doubled from 13 Crores to almost 27 Crores in the same period. NPM has risen from smartly from 21% to 28% over 5 years. A good buy for long term gains.
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