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
You are absolutely correct.
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