Intraday Buy Call For Pricol
Stock market analyst Anil Singhvi has maintained 'buy' rating on Pricol Ltd stock with an intraday term target of Rs 31.
According to analyst, the interested investors can buy the stock with stop loss of Rs 27.
The stock of the company, on Aug 02, closed at Rs 27.95 on the Bombay Stock Exchange (BSE).
Current EPS & P/E ratio stood at 5.12 and 5.68 respectively.
The share price has seen a 52-week high of Rs 33.95 and a low of Rs 10.26 on BSE.
Pricol registered net profit of Rs 93.07 million for the three month period ended June 2010 as compared to a loss of Rs 53.13 million in the like period of previous year
The company's net sales during the Apr-Jun quarter grew by 15.72% to Rs 1,899.85 million.
The total income of the company for the period under review increased by 16.77% to Rs 1,918.43 million as compared with the last year period.
Pricol Ltd recorded profit of Rs 1.03 per share during the three month period ended June 2010 as against a loss of Rs 0.59 per share in corresponding period of 2009.
Pricol Ltd provides auto components for bikes, scooters, three wheelers, cars, SUVs, trucks, buses, tractors s well as construction equipment.