Hi Friends,
This again is an Operator's Pick not our recommendation, so please be careful while picking however the fundamental mentioned below seems to be promising.
This company has a great future & good company and Equity is very small. Even if we give a conservative P/E of 5, It should be trading at Rs.55/-. So there is a long way to go. Investors with faith in RPG Life Scinces Limited management and having patience will definitely earn a lot.
Possitive Points for this stock for Up moving:
1) Mumbai Bulls and Operators are accumulating at current
price. Daily above 80% delivery in NSE and BSE.
2) Company doing very good with EPS 11/- PE only 2; Avialable
very cheep at 21.35/-
3) Equity is very small at 11.5 Crores (Pharma Company)
4) Group also very good R P Goenka Group
5) 15% Dividend Paying Company
6) Promoters Holding is good 43.5%
Enter current price at 21.35/- Short term Target 35/- Medium Term Target 55/-. Strong Fundamentals. Risk Free Investment at current price.
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