Mar 30, 2017

Maithan Alloys: Value and Growth Stock

Maithan Alloys mentioned at Rs 416 is more than 10% up today.

Maithan Alloys Products

Promoters acquisition in this quarter. 0.46%

Sector is Iron and steel but balance sheet is not like others in the sectors. Balance Sheet is looking cool due to very less debt.
D/E = 0.35.

RoE and RoCE is also good. 21% and 30%.

Regular dividend paying company.

Maithan Alloys is a growing company. Growing sales and profit too.

Company mentioned that it has moved from commodity to specialized products.