January 23, 2018
Leel Eelectricals-Please Guide
We have received this very interesting query about Leel Electricals.
We do not know much about it.
Please take a look at Leel Electricals and give ur opinion if time permits. I am small investor and holding leel for around 5 yrs.
At cmp of 293, Leel is one of the cheapest stock in the market. Its like Amber enterprises which came for an IPO recently and caters to AC OEM market with likely consol sales of around 2500cr. Its trading at 1200cr market cap while netwoth is 1600 and atleast 400cr is in cash and another 600 cr is inventory(H2 results). Expected to post min of around 120cr plus profit going forward. Most of stocks in Consumer Durable sector are trading at 5x BV and 50x PE, while this one is at less than 1 BV and 10x PE.
For more details on the stock