Corporate Information-to know more

There are so many companies that do and upload research reports of the companies. One of them is Corporate Information. Today I found a link that lists out the research links related to India which could be helpful for one's research.

SEL Manufacturing

SEL, a textile related company whose financial number seems to be good. It seems like a fully export-oriented company. Considering its good financial number till now and its expansion plans, one can buy now at Rs50 for a target of Rs70. But bad thing is debt, but I think that has already been it affect on the price of the stock.

Find more analysis of this stock at 

1. Indian Stock News
2. NSE Guide 

Recently it announced its first phase of the project in state MP costing Rs1920crores been completed. Second phase of the project is in progress.

One should do his own decision whether to buy this share.

Good Luck Steel Tube - Update

Target Achieved.

Still, one can go long on this script to break its 52wk high. But one should book partial profit at this price.

Good Luck Steel Tube

It seems like this is one of the undervalued stock, having
PE of 3.08,
EPS of 8,
FV 2,
Sales Rs488crs,
Market Cap of Rs48crs
Current price Rs 25.5

The worrying factor can be is its debt, where annually interest paid is approximately half of the profit.

But considering its rock-solid sales, and consistent profit one can go for medium-term for a target of Rs32.

-Grow as India Grows