Penny Stocks - Sah Petroleums Ltd - Penny Stock Idea in Equity / Stocks - CMP: 26
Sah Petroleums Limited manufactures industrial and automotive lubricants, and specialty and process oils. The Company operates through sales ...
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12-06-2011 12:19 PM
Sah Petroleums Ltd - Penny Stock Idea
CMP: 26
Sah Petroleums Limited manufactures industrial and automotive lubricants, and specialty and process oils. The Company operates through sales offices and depots countrywide.
Sah Petroleums is a 114 Crore penny cap stock. Its currently trading at a P/E of 40 (due to Q2 FY12 losses). Minimal liabilities and strong cash equivalents makes it a safer bet among other penny cap stocks. Revenues have risen steadily from 180 Crores to 364 Crores in the last 5 years. Profits have fluctuated between losses and 18 Crores in the last 5 years. NPM has fluctuated and is not a strength. Buy and book profits at higher levels.
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