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Thursday, October 23, 2014

Manglam Organics CMP 24.5 Target Price 50



Most undervalued stock with a consistent annual growth of 20-22%. . A low volume small cap stock can be bought at CMP for smart returns.

21-11-2014 Q-2 result update: company has shown topline growth of more then 70% which is amazing half year EPS for current year is approx 4 full year EPS is expected around 8 at CMP of 30 share is available at PE multiple of 3.5 Target price of 50 is not too far and could be achieved in next 6 month.

21-11-2014 : Stock touches 29.70............................... HOLD

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