Penny Stocks - Apcotex Industries Ltd - Penny Stock Idea in Equity / Stocks - CMP: 165
Apcotex Industries Limited, manufactures synthetic rubber, lattices, and associated items. The Company's products include styrene butadiene lattices, nitrile ...
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09-15-2011 08:17 PM
Apcotex Industries Ltd - Penny Stock Idea
CMP: 165
Apcotex Industries Limited, manufactures synthetic rubber, lattices, and associated items. The Company's products include styrene butadiene lattices, nitrile lattices, vinyl pyridine latex, and styrene butadiene rubber.
Apcotex Industries is a 85 Crore penny cap stock. Its currently trading at a P/E of over 7 and exceedingly high dividend yields of over 4% in the last 12 months. Manageable liabilities. Revenues have grown from 77 Crores to 201 Crores in the last 5 years. Profits have picked up from little losses to over 10 Crores. NPM has been stable at 5% in the last 4 years. Buy for long term gains.
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