Penny Stocks - Deep Industries Ltd - Penny Stock Idea in Equity / Stocks - CMP: 67
Deep Industries Ltd. provides various oil and gas field services such as supply and rental of equipment, operation ...
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12-09-2011 07:40 PM
Deep Industries Ltd - Penny Stock Idea
CMP: 67
Deep Industries Ltd. provides various oil and gas field services such as supply and rental of equipment, operation and maintenance and execution of turnkey projects.
Deep Industries is a 157 Crore penny cap stock. Its currently trading at a P/E of little over 11 with decent dividend yields of less than 1% in the last 12 months. Manageable liability. Revenues have grown from 8 Crores to 46 Crores in the last 5 years. Profits have risen from 5 Crores to 12 Crores in the same period. NPM has normalized from impressively high 64% to 25% over 5 years. Buy and hold for long term gains.
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