Update – Lincoln PharmaDecember 14, 2014
Update – Kausambi Vanijya, SER Industries, ABC Gas and Lawreshwar PolyDecember 20, 2014
Hello stockholders..! Today we are going to discuss a leather sector stock, Lawreshwar Polymers @ 26
Lawreshwar Poly is in the Leather Products sector. The current market
capitalisation stands at Rs 36.86 crore.The company has reported a
standalone sales of Rs 18.30 crore and a Net Profit of Rs 0.37 crore for
the quarter ended Sep 2014.
It is currently trading with earning per share of 1.33 and P/E of 23.5. Its CMP is very near to book value of 24. This stock is a 10.00 face value with promoters holding of 65.5% which is a stable value. Although the company the having debt of 38.9% of the total liabilities but the book value of the stock is continuously increasing and the company is performing consistently.
So It is expected to emerge as a growing multibagger in coming years.