Low Equity
Zero Debt
Cash Balance-80 crores (Bonus Candidate)
PE-22, Industry PE-95
Reserves- 70 crore
ROCE-25
RONW-17
Consistent dividend payer
High profit margin business
Panasonic Carbon is sole manufacturer of high standard carbon rods in India and a leading manufacturer in the world. Strong Promoter Group (Japanese giant Panasonic)
Worlds largest supplier of primary consumer batteries, it is looking to double exports by making India a major hub.
Company exports half of its turnover and is looking to increase the ratio,66% revenue comes from exports.
Buy - 590-630
Target - 1500
Comments
Post a Comment