Mirc Electronics Ltd Stock Quotes and Charts
Mirc Electronics is being accumulated by smart investors as the worst is behind for the company and the family squabble is also settled.Pl do your own research and do not follow any one blindly.
Last year company gave 95% divident with that prospective this share is looking attractive at this level. Can we invest in this scripy? Members please hare view.
Buy Mirc Electronics, says Ashish Chugh:If you look at their financials, for FY10, sales were about Rs 1,500 crore. Profit after tax was about Rs 18.5 crore. In the first nine months of the current financial year, sales are about Rs 1,350 crore, which is up by 20% of the same period last year. Profit after tax is up by 30% to about Rs 17.5 crore. EPS on an annualised basis is about Rs 1.60 paise and the stock trading at price of about Rs 18-19 is trading at a PE multiple of about 12...
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