Penny Stocks - Sterling Tools - Penny Stock Idea in Equity / Stocks - CMP: 101
Sterling Tools Limited manufactures high tensile fasteners for automobiles and other industrial applications.
Sterling Tools is a 70 ...
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12-27-2011 08:05 PM
Sterling Tools - Penny Stock Idea
CMP: 101
Sterling Tools Limited manufactures high tensile fasteners for automobiles and other industrial applications.
Sterling Tools is a 70 Crore penny cap stock. Its currently trading at a P/E of less than 5 with amazing dividend yields of almost 5% in the last 12 months. The company has debt of 77 Crores which is high and cash equivalents of over 7 Crores. Revenues have risen steadily from 139 Crores to 248 Crores in the last 5 years. Profits have fluctuated and risen from 7 Crores to 16 Crores in the last 5 years. NPM has risen moderately from less than 5% to well over 6% in the last 5 years. Buy and book profits when markets peak.
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