Syncom formulations - can it be a potential multibagger

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Jeevan, Jun 14, 2015.

  1. Jeevan

    Jeevan New Member

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    Dear Friends/Moderators

    Any one is following syncom formulations a phrama company and I have pasted the details below. A debt free company manufacturing multiple generic drugs having great movement.
    Please share your thoughts about this company fundamentals.
    Please check more details - https://www.screener.in/company/?q=524470


    RATIOS:
    Dividend Payout 16.33% 465.00% 31.91% 19.79% 13.95%
    OPM 10.94% 4.23% 6.47% 9.26% 10.73% 10.48%
     
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  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    It is penny stock. Why to get into such stocks? Very poor ROE. In last one year it has lost 53%. Also very expensive stock at PE of 25. Better forget about "multibagger" gains and focus on steady and reasonable valuations stocks like Ajanta, Shilpa, JB Chem, Granules, Cadilla. When there are so many top stocks why go for small and penny stocks with no background?
     
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  3. stockjeet18

    stockjeet18 Member

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    Is it the right price level to buy granules india now ?
     
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  4. Jeevan

    Jeevan New Member

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    Thank you ...Srouta Mukherjee...As you rightly pointed our I will avoid such scripts...
     
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