Camlin Fine Chemicals Ltd - Penny Stock Idea

[rmani84]

CMP: 59


Camlin Fine Chemicals Limited is an international chemicals manufacturing company. The Company specializes in bulk drugs, fine chemicals, and food grade products.

Camlin Fine Chemicals is a 55 crore penny cap stock. Its a high dividend yielding stock with yields over 3% in the last 12 months. Liabilities are little on the higher side. Revenues have grown 3 fold and profits have turned around from losses growing at over 50% a year in the last 4 years. NPM has marginally improved to 4%. Its currently trading at a fair P/E of little over 10. Buy, accumulate on dips and hold for long term gains.

[kiki chatterjee]

long term gains would mean a lock in period of how long and what would be the target as most of the times we dont know when to exit

[rmani84]

long term gains would mean a lock in period of how long and what would be the target as most of the times we dont know when to exit

Hi Kiki, The stocks talked about in this forum are all fundamentally good one way or the other. Still, entry and exit needs to be timed. To know more about when to exit and when to enter, checkout Nifty P/E Analysis thread.