19.01.2020

AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:

PRESSMAN ADVERTISING
 ENTER LEVEL – 25 TO 28 STOPLOSS 19 TARGET 45 IN 12 MONTHS

Calcutta base company come in to existence in the year 1983.company is specializes in media planning, buying, and designing as well as public relation also handling government advertising campaigns and corporate branding and products. All advertisement and public relation under one roof.

Its total equity base is only 4.70 crore its balance sheet shows resurve and surplus of 32 crore approximately. No debt on company. Promoters’ hold 47.19% investors holds 52.81% equity stake in this company.

During H1FY20 its net profit stood to 3.27 cr on sales of 17.17 cr which give us EPS of 1.39 rupees. This company has restructure its operations in the first half the year and this is expected to have significance positive impact in its performance during second half the current fiscal year.

Currently stock is trading @ P/E 11 times. Its recent high in nov2017 is 88 rupees. Stock from that level corrected 70% .Its pay regular dividend history of 70% approximately on face value of rupees 2.the 5% dividend yield is not at all bad. Technically speaking stock is strong breakout in weekly and monthly chart.  

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