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Apr 21, 2010

Nandan Exim - 532641

 

 

Name of Company

Nandan Exim

BSE Code

532641

NSE Code

 

ICICI Code

Established

My Take

Dislike

Headquarters

Ahmedabad

Promoters

Chiripal enterprises and Chiripal family

Story

Manufacturing facilities in Ahmedabad.

Sector

Textiles

Sub-sector

Cotton dyed fabric

Website

http://www.chiripalgroup.com/nandanexim.php

http://www.nandanexim.com/

Positives

Negatives

No proper website as well. Real penny stock with year high and low at 3.23 and 1.05. These stocks are easily moved up and down by operators. Don't buy if you are not an operator yourself. Too much equity – Dec09 qtrly P/E = 4.17 Cr/45.5 Cr=0.09. P/E is too high. In days when all textile players are avoided, this is a strict no-no.

Peers

 Indo Count Ind, Futura poly, Alok inds

 

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