Penny Stocks - Globus Spirits Ltd - Penny Stock Idea in Equity / Stocks - CMP: 98
Globus Spirits Limited manufactures, markets, and sells industrial alcohol comprising rectified spirit and extra-neutral alcohol, country liquor, and ...
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01-02-2012 09:01 PM
Globus Spirits Ltd - Penny Stock Idea
CMP: 98
Globus Spirits Limited manufactures, markets, and sells industrial alcohol comprising rectified spirit and extra-neutral alcohol, country liquor, and Indian made foreign liquor.
Globus Spirits is a 225 Crore penny cap stock. Its currently trading at a P/E of 7 with good dividend yields of 1% in the last 12 months. Globus has 48 Crores of debt and close to 6 Crores cash in hand. Globus listed in secondary market late 2009 and there's not much of historical information. Profits and Revenues have been on the rise consistently in the last 4 quarters. NPM is currently over 7%. Buy and hold for long term gains.
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