AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:26.09.2020

PRESSMAN ADVERTISING

 

CMP 17 ENTRY 15 TO 16 STOP LOSS  12 TARGET 34-38 TIME: 18 MONTHS 

Incorporated in 1983, Kolkata based Pressman Advertising Ltd. operates as an advertising agency. The company specializes in media planning and buying, design, digital, and public relations. It offers corporate, brand/product, financial, and government advertising services. The company also provides public relations consultancy services, such as corporate communications, marketing communications, financial communications, media relations, analyst

Relations, crisis communications, and digital communications. It has an equity base of just Rs.4.70 crore that is supported by reserves of aroundRs.34.75 crore. It is debt free company. The Promoters hold 47.19% while the investing public holds 52.81% stake in the company. 

During Q1FY21, its net profit stood to Rs.1.65 crore on income of Rs.2.14 crore fetching an EPS of Rs.0.70.

Currently, the stock trades at a P/E of just 7.45x. Its recent high rate was Rs.88 which was formed in Nov 2017. Stock almost corrected 81% from recent high. PAL is a regular dividend paying company and it paid 50% dividend for FY20 and current level dividend yield is around 5.85% which is highly attractive.

 

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