Smartlink Network Systems Ltd - Penny Stock Idea

CMP: 49

Smartlink Network Systems Ltd. manufactures networking products. The Company's products connect computers in networks; and carry digital, voice and data communications.

Smartlink Network Systems is a 147 Crore penny cap stock. Its currently trading at a P/E of 9. The company runs at Zero debt with 13 Crores cash in hand. Revenues have fluctuated and oscillated around 200 Crores in the last 5 years. Profits have also fluctuated and oscillated around 15 Crores in the last 5 years. NPM has stayed around 8% in the last 5 years. Its not a growth pick. Its a stock for swing traders. Its right now trading at lower levels. Buy and book profits above 90 levels.