Thursday, October 27, 2005

Apcotex Lattices

The scrip has a CMP of 63 rupees and an NCA of 42 rupees. Interested?

A company which has growing sales, has almost zero debt and a book value of 90 rupees per share. The cons to the scrip can be the utterly low dividend yield (1.80 rupees per 10 rupee share) and the low PAT.

I would recommend this stock over a long run but be wary of quarterly numbers and the PAT of the company. Any increase to the same should trigger a buy.

2 Comments:

Blogger chandra said...

Everything OK but an Illiquid stock
Trades very rarely above 4 digits in a day; so be careful

10:28 PM  
Blogger Shankar Nath said...

There's nothing called illiquid, Chandrashekhar. Buy, you wont regret. Has very strong financials.

Rgds, Shankar

12:42 AM  

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