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.