Wednesday, December 5, 2012

Store 'Store One Retail India Limited' for future

Store One Retail India Limited - Higher and higher and higher

Wow, what a run up in one year. From Rs. 8.65 to 54 Rs. this has been a dream stock of every investor. But, does it still has steam left in it. I will say certainly. Looking at the stupendous growth of the company. It can definitely move up higher from here. 

Management has further increase d the stake to 68% from 63% shows their personal commitment towards the company.

Trading at a PE multiple of just about 3 and looking at the growth this company is showing, an investor of moderate risk-taking capacity can pick up some stake in the company. 

Again the government's FDI stand in Retail Sector is going to help this stock further.

Visit the website here.

Link to financials here.

Wish you happy and safe investing !!


Value Stock Picker

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