Here is a company called Nile Limited which manufactures Lead and Lead Alloys. Nile has been established as trusted partners for Lead Acid battery manufactures, PVC stabilizers, and Lead Oxide manufacturers.
Its manufacturing plants are located in Choutuppal, Hyderabad and Tripati.
Capacity enhancement in 2012 and 2013.
Sunidhi Securities has recommended this stock with price target of Rs. 256 for medium to long term. Seeing its PE and growth, it should achieve the target very soon.
Trailing Twelve Months -
Sales Growth - 20.74%,
Profit Growth - 414.79%.
CMP: Rs 188.
P/E = 6.29,
P/B = 0.86,
P/S = 0.18.
Contingent liabilities is little big - 19.36 Cr.