Penny Stocks - Choksi Labs in Equity / Stocks - CMP: 12
Choksi Laboratories Ltd. analysis and research group. The Company's services include analysis, calibration, and environmental management services.
Choksi ...
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01-31-2013 09:04 AM
Choksi Labs
CMP: 12
Choksi Laboratories Ltd. analysis and research group. The Company's services include analysis, calibration, and environmental management services.
Choksi Laboratories is a 8 Crore penny cap stock trading at a P/E of little over 6. It runs at a debt of 6 Crores with nearly 2 Crores cash in hand. Revenues have risen from less than 10 Crores to 15 Crores in the last 5 years. Profits have been around 1 Crore in the last 5 years. Profit margins have dipped over the years. Its a risky bet due to lack of volumes in trade and being a small company. Buy with very minimal exposure.
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