La Opala RG is in the Glass & Glass Products sector. The current
market capitalisation stands at Rs 2,422.02 crore.The company has
reported a standalone sales of Rs 55.63 crore and a Net Profit of Rs
11.09 crore for the quarter ended Sep 2014.
Last year on 11 Nov 2013 it was trading at 110 Rs only now withing 12 months has become four fold. Although the stock got split few days back and its face value now became 2.0 from 10.0 now the liquidity of stock is increased and more upside is seen now due to split.
The good thing about the company is that it includes jhunjhunwala family in its management.
The company management includes A C Chakrabortti – Chairman, Sushil
Jhunjhunwala – Vice Chairman & Mng.Director, Ajit Jhunjhunwala –
Joint Managing Director, Nidhi Jhunjhunwala – Executive Director.
So sentiments are also positive for this stock which is well reflected in the share price too.
The previous performance need no discussion on its value investing , the stock is for holding period as much as you can.
So this stock is loaded with safety and higher growth and is recommended to buy.
Note : One can also start SIP in the stock.