Mirza International: Growth and Value StocksJul 16, 2014
Mirza International Limited is engaged in the manufacturing and marketing of leather and leather footwear. It has famous footwear brand which is Red Tape. It also forayed in fashion wear. For Women it has Red Tape gal shoes brand.
P/E = 7.43
Industry P/E = 31.12
It is available at cheaper rate and seeing its strong presence in shoe industry, it has a good potential ahead.
Though in recent quarter (Mar, 14), its profit has declined a little but it is positive and due to strong brand push, prospect is high.
Sales Turnover and profit ratio is also good for this company.
Mirza International's EPS, CEPS is also looking when compared to Liberty and Bata.
CMP: Rs. 34.60.