Search

What is the best stock to buy for under 50 INR in the Indian stock market under a long-term perspect

Looking for undervalued stocks below 50?

Two Stocks are ready for the big rally.

  1. Firstsource Solutions Ltd. ( Current Market Price : 38.20 Rs. , Target Price : 50 Rs, Tenure: Within 4–5 Months)

About The Comapany:

RPG Group company, Firstsource Solutions Ltd., incorporated in the year 2001, is a Mid Cap company (having a market cap of ₹ 2597.96 Cr.) operating in Information Technology sector. It is trusted by 100+ leading brands in India, the Philippines, the UK and the US across the Banking, Financial Services and Insurance, Healthcare, Telecommunications and Media sectors.

Why FSS?

Reasons:

  1. Stock is trading just 12.99 times of its FY17 earnings and has an EPS of 2.94.

  2. Net Profit series 65 Crore, 64 Crore, 69 Crore, 71 Crore, 73 Crore, 79 Crore,

3. Promoters are happy, and they should be.

4. Some of the MFs increased their holdings ( As per data):

5. Return on Equity (%)-13.76 , Return on capital Employed (%) - 10.40, Debt Equity Ratio = 0.18.

6. 319% returns in 5 years.

7. Any idea about MACD? picture is enough.

ok next.

2) Sarla Performance Fibers Ltd. ( Current Market Price : 48.25 Rs. , Target Price : 60 Rs, Tenure: Within 3 Months)

About The Company: Sarla Performance Fibers Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of ₹ 404.15 Cr.) operating in Textiles sector. A 100% EOU engaged in the manufacturing and export of polyester and nylon textured, twisted and dyed yarns, covered yarns, high tenacity yarns and sewing thread.

Why Sarla ?

Reasons:

  1. Stock is trading just 9.73 times of its FY17 earnings and has an EPS of 4.96.

  2. Company has been maintaining a healthy dividend payout of 20.51%

3. High Cash Rich.

4. Global Presence.

5. Sarla has been a profitable company since the time of its inception.

6. Sarla Delivered 315% returns in 5 years.

7. Net Profit margin 15% and with debt equity ratio of .53.

8. Technical Analysis is also agreed as per now.

In the last 5 years, the Indian economy has been growing in excess of 8.5%, except the year 2008-2009 where the economy grew at about 7%.Due to the global meltdown, exports were badly affected and the impact on the textile sector was higher, it being a highly competitive sector with low margins.Despite the downturn, the impact on SPFL has been comparatively lower. The Exports of the Company has witnessed a growth of more than 28% in the year 2011-12.Furthermore, SPFL is continuing to incur capital expenditure and is building significant capabilities required to grow further.

Plenty more reasons are there but these are enough.

Both are good stocks to BUY NOW, you may buy any of them.

I am available at invest@equityboxx.com or info@equityboxx.com , I’ll always be there for genuine mails, any time.

764 views
  • LinkedIn Social Icon
  • YouTube Social  Icon
  • Facebook Basic Square
  • Twitter Basic Square

© 2016 by Equityboxx | ©equityboxx |  info@equityboxx.com | +91 8920161884 | SEBI Regd. INA000010122