Penny Stocks - Motor and General Finance - Risky Play in Equity / Stocks - CMP: 44
Motor and General Finance Limited provides finance for motor vehicles on a hire-purchase system. The Company also leases ...
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10-31-2012 10:12 PM
Motor and General Finance - Risky Play
CMP: 44
Motor and General Finance Limited provides finance for motor vehicles on a hire-purchase system. The Company also leases machinery, equipment and all types of vehicle
Motor and General Finance is a 85 Crore penny cap stock trading at a P/E of 8. Revenues have stayed flat around 13 Crores in the last 5 years. Profits have slipped from 20 Crores to 12 Crores in the last 5 years on decrease in other income. Keep exposure minimal as its a risky play. Book profits on peaks.
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