Penny Stocks - Rossell India - Penny Stock Idea in Equity / Stocks - CMP: 39
Rossell India Ltd. grows, processes and markets tea. Through a subsidiary, the Company designs, develops and manufactures avionics, ...
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01-31-2012 03:44 PM
Rossell India - Penny Stock Idea
CMP: 39
Rossell India Ltd. grows, processes and markets tea. Through a subsidiary, the Company designs, develops and manufactures avionics, electronics and aviation equipment.
Rossell India is a 145 Crore penny cap stock. Its currently trading at a P/E of little less than 7 with decent dividend yields of 1% in the last 12 months. The company runs at a debt of 13 Crores with 4 Crores cash in hand. Debt to profits ratio is at safe levels of well below 1. It listed in stock markets only in 2010. It made revenues of 78 Crores in FY2011 and profits of 19 Crores. NPM is strong at 24%. Buy and hold for long term gains.
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