Poddar Pigments Ltd manufactures color for many types of industries. It is a good name in its segment. It is growing rapidly with good balance sheet. Stock is running at slow and steady pace from quite some time. Still its PE is only 13.70.
I cannot tell much about its products I hold little knowledge in this segment. To get the clear picture of its products and applications, visit the Poddar Pigment site.
Promoter has increased his stake. The company is virtually debt free and promoter holding is 60.43%.
PE = 13.7,
P/B = 2.01,
P/S = 0.53.
It is very undervalued but the point is that it has run a quite from few months. Hoping for many more steam left in it. If you buy it then don't sell it in hurry until and unless some catastrophe happen in economy. I hope for 200% return in 1 year.