CMP: 108


Indian Terrain Fashions Ltd. manufactures, exports and retails apparel. Through its chain of retail shops, the Company sells men's, women's and children's clothing.

Indian Terrain is a 62 Crore penny cap stock. Its currently trading at a P/E of over 12. Liabilities are high and its only for those with risk appetite. FY11 clocked revenues at 121 Crores and profits at over 6 Crores. FY11 NPM stands at 5%. FY12 so far has seen better revenues, but profits have stayed pretty much the same on lower NPM. One can buy and book profits at 150 levels which seems to be a major resistance. .