Sunday, December 16, 2012

Ruchira Papers Ltd. - a worthy bet !

Ruchira Papers Ltd.

Incorporation & Promotion

Ruchira Papers Limited was incorporated on December 8, 1980 as a Public Limited Company under the Companies Act,1956. The Company came into production in 1981.

It has a diversified portfolio of paper products. Click here to visit the portfolio.

The company is a good bet a current price of Rs. 13.10. It is trading at an attractive PE of 2.5 and 0.41 times its BV.

The credit rating has already been revised to B+ from D, which shows the improvement in Debt paying capacity, though there is still an element of risk, but it is slowly reducing its debt burden.

The recent quarter has shown an increase of 56% in its earnings.

Combining all this, the investors can look forward for an handsome profit if the company continues with the current earning trends.

Investors with risk appetite can look for buying it a small quantity now and adding it up, when market goes down.


Value Stock Picker

Disclaimer: I don't have any position in this scrip.

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