Texmo Pipes And Products Limited a public limited company incorporated on 3rd July 2008 by conversion of Shree Mohit Indutries which was a fast emerging and spearheading industry an associate of Shree Balaji Industries established since 1988 at Burhanpur (Madhya Pradesh). The Company is equipped with professionally managed team of skilled operators, efficient technocrats and dynamic marketing personnel's. The Company image has been developed in the market due to its high quality products through process excellence by promoting efficiencies, productivity and professionalism with the result our brand TEXMO has spread in the heart of millions of widespread clientele, Govt., Semi Govt. organizations and private sectors with in the country and abroad.
The company has recently started CPVC pipes and fittings. It will add to their net profit in coming quarters. The company is trading at P/E ratio of 17 and industry P/E is 40 which implies the undervalueness of the company. It showed net profit of 1.82 cr whereas in 2013 it was 1.23 cr, with CPVC in action, the numbers may boost from now on. Please do your analysis before investing and be patient with the stock to get good returns. With current market price of 11, it can be bought for long term.
The company has recently started CPVC pipes and fittings. It will add to their net profit in coming quarters. The company is trading at P/E ratio of 17 and industry P/E is 40 which implies the undervalueness of the company. It showed net profit of 1.82 cr whereas in 2013 it was 1.23 cr, with CPVC in action, the numbers may boost from now on. Please do your analysis before investing and be patient with the stock to get good returns. With current market price of 11, it can be bought for long term.
Hi when can we expect new multibagger pick.....
ReplyDeleteHi Salim,
DeleteI am working on it. I will post as soon as I finish my research. Gulshan polyols can be bought at dips. Please post comments on current post only from now on. It simplifies my task.
Thanks