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.
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.
