Penny Stocks - Shri Lakshmi Cotsyn Ltd - Risky Bet - Penny Stock Idea in Equity / Stocks - CMP: 95
Shiri Lakshmi Cotsyn Limited manufactures and processes cotton fabrics. The Company offers a wide variety of embroidered fabrics, ...
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10-06-2011 10:32 PM
Shri Lakshmi Cotsyn Ltd - Risky Bet - Penny Stock Idea
CMP: 95
Shiri Lakshmi Cotsyn Limited manufactures and processes cotton fabrics. The Company offers a wide variety of embroidered fabrics, towels, denim, shirtings, and safety garments for the Army.
Shiri Lakshmi Cotsyn is a 202 Crore penny cap stock. Its currently trading at a P/E of just 2 due to high liabilities. Its a pretty high dividend yielding stock as high as 3% in the last 12 months. Its only for HIGH risk traders. Revenues have risen from 603 Crores to 1800 Crores in the last 5 years. Profits have risen from 40 Crores to 105 Crores in the last 5 years. NPM has marginally dipped to 6% on the growth path. Buy and book profits at higher levels.
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