Hello, Welcome to Trader Singh & our new fresh article. Today, we’re going to talk about a company that has been making waves in the market, and our viewers keep asking about it every day.
After receiving many requests, I’ve put together this article, so read it till the end because it contains a lot of valuable information. But before we dive in, I want to make a request.
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₹5 to ₹100 Penny Stock Name
Now, let’s get into it. In this article, we’ll be discussing a penny stock that’s currently priced around ₹4, the stock name is Seacoast Shipping Services Ltd. Some experts believe that this stock has the potential to show significant growth in the coming times.
The company provides logistics services, and its market cap is around 198 crores. Moreover, its recent quarterly results have been impressive, and the return on equity is looking quite good.
Seacoast Shipping Services Ltd Financials
| Metric | Value |
|---|---|
| Market Cap | ₹ 198 Cr. |
| Current Price | ₹ 3.67 |
| High | ₹ 10.2 |
| Low | ₹ 3.32 |
| Stock P/E | 12.2 |
| Book Value | ₹ 1.15 |
| Dividend Yield | 0.00% |
| ROCE | 38.4% |
| ROE | 36.1% |
| Face Value | ₹ 1.00 |
| Profit after tax | ₹ 16.3 Cr. |
| ROE 3Yr | 26.7% |
While the company is consistently earning profits, it’s not currently paying dividends to its investors. Furthermore, there have been concerns about the promoters reducing their holdings, which raises some red flags.
However, the company’s fundamentals appear to be sound, and if you plan to invest for the long term, it might be wise to keep an eye on the company’s developments and promoter’s actions.
Now, please remember that this is not a stock market recommendation. Before making any investment decisions, it’s essential to consult with your financial advisor. They can provide personalized advice based on your financial goals and risk tolerance.
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