Penny Stocks - Simplex Realty Ltd - Penny Stock Idea in Equity / Stocks - CMP: 135
Simplex Realty Limited engages in construction and property development activities in India. It involves in developing residential and ...
-
09-23-2011 10:00 PM
Simplex Realty Ltd - Penny Stock Idea
CMP: 135
Simplex Realty Limited engages in construction and property development activities in India. It involves in developing residential and commercial projects. Simplex Realty Limited was formerly known as The Simplex Mills Company Limited. The company was founded in 1912 and is based in Mumbai, India.
Simplex Realty is a 40 Crore penny cap stock. Its currently trading at a P/E of less than 5 with good dividend yields of close to 2% in the last 12 months. Minimal liabilities. Revenues have grown in last 5 years from less than a Crore to over 20 Crores. Profits have turned around from losses to almost 15 Crores over 5 years. Revenues and profits though it has grown over 5 years, has been highly volatile and fluctuating and so has the stock price. Risky traders can buy at current levels with minimal exposure and book profits at higher levels.
Similar Threads
-
-
-
Fundamental / Technical Analysis
-
Visitors found this page by searching for:
Tags for this Thread