Phoenix Lamps recommended by HBJ capital today

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by svnraju7, May 8, 2015.

  1. svnraju7

    svnraju7 New Member

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    Phoenix Lamps recommended by HBJ capital as core portfolio bet
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    What is the logic? Is it the takeover by Suprajit Engineering? Phoenix Lamps is a good company with high return ratios. It is the market leader in auto lamps. Their brand is Halonix, which is very well known. Also, the stock is quite cheaply priced at about 8x.
     
  3. visitkumaresh

    visitkumaresh New Member

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    Meenakshi the halogen lamp is the concern slowly that market will be replaced by led
     
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