Penny Stocks Under Rs 50: This Animal Pharma Company Received an Export Order Worth USD 9,900 from Berlin International Company
With a PE ratio of 6.98, the company trades at a discount compared to the industry PE of 28.8. The company has ROCE of 32.8 per cent and ROE of 25 per cent.
Shelter Pharma Ltd has received an export order worth USD 9,900 from Berlin International Co., Kuwait, for 6,000 bottles of Beta Glucan Forte Syrup (100ml). As per the company's filing with the Bombay Stock Exchange (BSE), the order will be fulfilled within two months under a fixed-cost contract.
Shelter Pharma Ltd, known for its nutraceutical and pharmaceutical products, continues to expand its global reach by securing international contracts. The company remains committed to quality healthcare solutions and aims to strengthen its presence in the global market.
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Earlier, Shelter Pharma secured an order worth USD 101,250 from Sudan-based Taha Drugs & Chemicals. The order involves supplying 50,000 boxes of Joemega Capsules and 75,000 boxes of Allvitamins Tablets within two months.
Shelter Pharma Ltd engages in the manufacturing and sale of herbal products with a presence in Human Pharma as well as Veterinary space. The company was founded by Mustaqim Nisarahmed Sabugar on October 12, 2007 and is headquartered in Ahmedabad, India.
With a PE ratio of 6.98, the company trades at a discount compared to the industry PE of 28.8. The company has ROCE of 32.8 per cent and ROE of 25 per cent.
Investors must keep this micro-cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.