Tuesday, May 31, 2011

Keep an eye on this one


Bliss GVS Pharma Ltd.

The company's most unique product is 'Today' Vaginal Contraceptive, a safe female contraceptive aimed at furthering planned parenthood and is also an established method for preventing conception.
It's manufacturing facility situated at Palghar (approx. 90 kms away from Mumbai City) in an Industrial area which is well-developed with all Infra-structural facilities. The plant aims to be as the most modern and one of its kind in Indian sub-continent, to manufacture suppositories.
Before taking a decision on investing in this little pharma gem let's go through few other parameters. Last quarter results have been disappointing and that's why stock has come down to sub 23 levels and may go down further a bit. Fundamentals are good and currently trading at PE of 5.6, DE as low as 0.05 and dividend yield is at nearly 1.5%.  
Be watchful for this share, don't jump right away, seeing the global conditions and commodity prices and inflation I think we should get it at lower levels.

Thanks.



2 comments:

  1. do you see any prospect in KOHINOOR BROADCASTING CORPORATION?

    ReplyDelete
  2. Hi Kuheli,
    This is again risky, this can go upto 10 in good times or can say in very good times and on the other side you can loose all. One should invest where in good times you can make more money and in bad times don't loose much. Right now you will get fundamentally good stocks with already established reputation, then why take risk? go for the sure shot bets.

    ReplyDelete