SHILPI CABLES TECHNOLOGIES

NOTE : SHORT TERM STOCK

Hello stockholders.! Today i would be discussing a telephone/cable sector stock.

SHILPI CABLES TECHNOLOGIES

Shilpi Cable is in the Cables - Telephone sector. The current market capitalisation stands at Rs 651.22 crore. It is a 10.00 face value stock with P/E ratio of 22 and EPS(Earning per share) of about 6. It is currently trading at only about 3 times its book value. It is trading at its 52 week as well as all-time high of Rs. 132/-. While 52 week low is Rs. 16.10/-. Further company is expected to give good quarter results.

Also it is giving out bonus of 1:1 this month. So it is recommended buy at or near CMP for short term high gains.

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