Mangalam Drungs

Mangalam Drugs looks interesting to me with its low P/E (<6) and P/B (~1.7) ratios, and Q-on-Q growth. However, the debt and high percentage of pledged shares are a matter of concern. Do you think this is a turnaround story in the making? Would you want to have this stock in your portfolio?

 

Re: Mangalam Drugs

I read somewhere that the promoters are increasing their share by buying from open market. Would this be a good sign for the scrip?

 

SHP Rating is only 21 out of 100 hence Eqaxscore is only 26 out of 100 which very poor.
The SHP Rating measures how healthy is shareholding pattern of the company. Too high pledging, very less promoter shareholding, reduction in promoter shareholding reduce the SHP rating.

 

Mangalam Drugs & Organics rocking even in a free fall market....yesterday it hit its life time high and closed at 18% up....Co. is turning around....posted very good result....mouth watering valuation...Some big announcement is going to happen any day regarding getting approval from WHO for some Aids and malaria molecules....what else r u looking for? ...i am convinced....waiting for other's view too..

Co.'s last 5 years result link...
https://www.moneycontrol.com/financials/mangalamdrugsorganics/results/yearly/MDO#MDO

Management's comment on approval from WHO for some Aids and malaria molecules link
https://www.moneycontrol.com/news/business/aim-for-20-revenue-growthfy16-mangalam-drugs-organic_1388409.html

 

mangalam drug at 69/- . Is it best buy at this price

 

Can we buy this for longterm at this price persay 5-10 years period

 

As turn around story, buy in small quantities n keep close watch in next few quarter's result...if continue to post good result , accumulate gradually...the stock is still very very cheap...

 

Thank you sir.

 

Great

 

SHP is not good.

 

Any views,, frm last 4 sessions its falling and reaching lower circuit limits.. i had purchased 100shares at 53.. man now i m not able to sell it.. even placed order in preopen market at lower circuit limit price and even at market price i m not not able to sell it.. looks like a pump and dump stock... thank god i only purchased 100shares

 

Please do not try to find the 'Hidden Gems'. Buy Sun Pharma, Lupin, Aurobimdo, Cipla. I will not even buy Granules.

 

@n pal
I found your words quite interesting !

Warren B once said - when you buy the stock, you actually buy the company. So when you buy stock, just think if you are comfortable putting all your money buying the whole company ?

'Good' or 'Bad' results are not defined based on one or two quarters..Its defined based on last 5-10 years of performance. I hope you have looked into this much of history ?

Also, when the price is rising and you buy hoping it will rise further..or when the price is falling and you sell hoping it to fall further..this is a perfect recipe to lose your money..

Also, investment is not based based on anticipations that this news or that news will soon happen. Its made based on convictions. And convictions are made based on fact.

 

@pradip very well said

 

Mangalam is keep on going LC