Penny Stocks - Maithan Alloys Ltd - Penny Stock Idea in Equity / Stocks - CMP: 96
Maithan Alloys, Ltd. provides coal based power project. The Company specializes in ferro alloy and silicones.
Maithan Alloys ...
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10-18-2011 10:57 PM
Maithan Alloys Ltd - Penny Stock Idea
CMP: 96
Maithan Alloys, Ltd. provides coal based power project. The Company specializes in ferro alloy and silicones.
Maithan Alloys is a 142 Crore penny cap stock. Its currently trading at a P/E of 2 with good dividend yields of 2% in the last 12 months. Minimal liabilities. Revenues have grown from 152 Crores to 594 Crores in the last 5 years. Profits have grown from 12 Crores to 72 Crores in the same period. NPM has moved up smartly from 8% to 12% over 5 years. Considering recession lows of 40 and significant profit growth since then, current levels are very attractive for long term.
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