La Opala RG: Value and Growth StockAug 1, 2014
La Opala RG is in crockery business of high quality.
It has given 8 times return in 2 years. Salivating. No issue. There are more chance of getting similar return in it. As this has given good return and future scope is bright so why not invest without any tension here and make handsome profit.
Westbridge Capital, which is also known as Jwalamukhi Holdings, has decided to subscribe to 5,02,468 equity shares of La Opala RG at a price of Rs. 1,100 each.
The total investment is about Rs. 55 crore and the funds will be used for expansion etc.
P/E = 40.20
PE is high but growth possibility is even higher.