Buy Superhouse Ltd
Superhouse is into business of leather shoes & other products. It has business done in India as well as foreign market. Some important things to know about the company.
Debt to equity is less than 1 i.e. 0.8 which is very favourable.
sales have increased from 370cr in 2010 to 678cr in 2014.
Superhouse have already done sales of 539cr in first 3 quarter and we feel they will reach 200cr sale in march 2015 quarter. which means that this year total sales will reach 739cr which is 61cr or 9% YOY.
The industry PE is 39 whereas the company super house is trading at 7
The share is currently trading at 234 and we expect that the share will reach 297 very soon.
Technically the company have given green signal.
No comments:
Post a Comment