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Penny stock at Rs 23.15: This micro-cap company is expanding more into textile industry and acquired 37.72 per cent stake of Chiripal Textile Mills Pvt Ltd
Penny stock at Rs 23.15: This micro-cap company is expanding more into textile industry and acquired 37.72 per cent stake of Chiripal Textile Mills Pvt Ltd

Penny stock at Rs 23.15: This micro-cap company is expanding more into textile industry and acquired 37.72 per cent stake of Chiripal Textile Mills Pvt Ltd

The shares of the company have a PE of 17.5x, an ROE of 15 per cent and an ROCE of 15 per cent.

Kiran Shroff Article rating: 3.9

The company has a market cap of over Rs 400 crore and has delivered good profit growth of 26.8 per cent CAGR over the last 5 years.

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