Wednesday, December 5, 2012

Let Shree Ganesha bring wealth to you

Shree Ganesh Jewellery House Ltd.  -  Buy

Shree Ganesh Jewellery House Ltd. is a  10,000 Cr. (US $ 2 billion approx) turnover company and is a Govt. of India recognized '4 Star Export House'. The company is one of the leading manufacturers and exporters of handcrafted gold jewellery from India and the shares of the company are listed in Bombay Stock Exchange and National Stock Exchange of India.

Shree Ganesh Jewellery House Ltd. is a jewel that still needs to catch the attention of investors. Despite having good financials, it is still far down from its true value. It has got a good potential to give you great returns in a period of one year, when investors start investing in the stock.

Currently it is trading at a PE of 2.2 which is very very attractive in currently expensive market. Also it is trading at a price of 0.55 times its BV, which is again excellent at this level of market.

To see its expansion plan read this article here.

To visit the website click Here

To see its financials click here

The debt position is good and at is level company is a good bet.

Today's price: 120.50. Target Rs. 150.

Happy Investing !!


Value picker

Disclaimer: I have an exposure at current price.

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