ASAN's low float stock
Low float stocks are best bet for investing if you want to create wealth. What to see in low float stocks :- -They should have less debt or no debt -There should not be any pledge -Contingent liabilities should be less than 10% of mcap or should be zero -Roe should be greater than PE and Avg 5 years above 15 -Promoter holding should be above 40% -Cash flow from operations should be positive, however there are few companies who are having psu clients , in that case cash flow may have negative. -If possible check their order book from annual report if they are providing or any CAPEX plans they have. https://shorturl.at/xIX59
by Ranjit Singh
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S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | Debt Rs.Cr. | Pledged % | CDL % |
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1. | G M Breweries | 735.00 | 12.90 | 1679.26 | 1.04 | 25.86 | 3.69 | 162.86 | 6.86 | 18.13 | 0.00 | 0.00 | 5.64 |