BSE Code: 513558
Last close: 52.30
Real Strips Limited, AN ISO 9001: 2000 Accredited Company came in to existence in 1994 to cater the demand of cold rolled flat products of stainless steel, for quality conscious manufacturer. Real Strips Limited is situated on out skirt of hub city of Gujarat.
Stainless steel strips, stainless steel coils produced by Real Strips Limited are used in Automobiles, Food & Dairy Industries, Sugar Industries, Watch Industries, Pipes & Tubes Industries, Utensils, Furniture, Architectural Utilities, Thermo wares, Chemical process Industries, Electronic Industries, Surgical industries, etc for very specialized application.
It has an equity base of Rs.3.75crore that is supported by reserve of around Rs.13crore and it has a book value of around Rs.44.20. the promoters hold 51.17% while the investing public holds 40.05% stake in the company. For Q2FY10, it recorded net sales of Rs.53.74crore with net profit of Rs.1.72crore against net sales of Rs.44.39crore and net profit of Rs.75lacs in Q2FY09 respectively (Profit zoomed 129% on Quarterly basis). For H1FY10, it recorded net sales of Rs.100.95crore with net profit of Rs.3.22crore against net sales of Rs.68.02crore and net profit of Rs.1.48crore in H1FY09 respectively (Profit zoomed 117% on Half yearly basis). The quarterly EPS was Rs.4.55 while the half-yearly EPS was Rs.8.52. the stock is available at a forward P/E ratio of just 3. Investor can buy this stock with stop loss of Rs.44. on the upper side stock will go up to Rs.65-70 in the short-term and Rs.95-100 levels in the medium-term.
Last close: 52.30
Real Strips Limited, AN ISO 9001: 2000 Accredited Company came in to existence in 1994 to cater the demand of cold rolled flat products of stainless steel, for quality conscious manufacturer. Real Strips Limited is situated on out skirt of hub city of Gujarat.
Stainless steel strips, stainless steel coils produced by Real Strips Limited are used in Automobiles, Food & Dairy Industries, Sugar Industries, Watch Industries, Pipes & Tubes Industries, Utensils, Furniture, Architectural Utilities, Thermo wares, Chemical process Industries, Electronic Industries, Surgical industries, etc for very specialized application.
It has an equity base of Rs.3.75crore that is supported by reserve of around Rs.13crore and it has a book value of around Rs.44.20. the promoters hold 51.17% while the investing public holds 40.05% stake in the company. For Q2FY10, it recorded net sales of Rs.53.74crore with net profit of Rs.1.72crore against net sales of Rs.44.39crore and net profit of Rs.75lacs in Q2FY09 respectively (Profit zoomed 129% on Quarterly basis). For H1FY10, it recorded net sales of Rs.100.95crore with net profit of Rs.3.22crore against net sales of Rs.68.02crore and net profit of Rs.1.48crore in H1FY09 respectively (Profit zoomed 117% on Half yearly basis). The quarterly EPS was Rs.4.55 while the half-yearly EPS was Rs.8.52. the stock is available at a forward P/E ratio of just 3. Investor can buy this stock with stop loss of Rs.44. on the upper side stock will go up to Rs.65-70 in the short-term and Rs.95-100 levels in the medium-term.
Source: Internet (Valuenotes by ProfitTrack.com)
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