Penny Stocks - Technofab Engineering Ltd - Penny Stock Idea in Equity / Stocks - CMP: 137
Technofab Engineering Ltd., is an electro-mechanical engineering and construction company that serves the power, industrial and infrastructure sectors ...
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11-08-2011 12:35 PM
Technofab Engineering Ltd - Penny Stock Idea
CMP: 137
Technofab Engineering Ltd., is an electro-mechanical engineering and construction company that serves the power, industrial and infrastructure sectors by taking up contracts covering engineering, procurement and construction (EPC) mainly for balance of plant (BOP) and related auxiliary systems.
Technofab Engineering is a 144 Crore penny cap stock. Its currently trading at a P/E of 5 with good dividend yields of 1% in the last 12 months. Minimal liability. Revenues have grown from 200 Crores to 290 Crores in the last 2 years. Profits have risen from 19 Crores to 26 Crores in the same period. NPM is decent at 9% over 2 years. Buy and hold for long term gains.
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