WAIT FOR BREAKOUT.
HIGH VOLATILITY AS IT IS A SMALLCAP.
HIGH POTENTIAL AS IT SELLS FOOTWEAR IN NON MAJOR CITIES, AND IT GROWS ON BACK OF HUGE VOLUMES AND A GOOD MARGINS.
GOOD COMPETITOR TO RELAXO IN BUDGET SEGMENT.
Market Cap.: ₹ 402.81 Cr.
Current Price: ₹ 162.70
Book Value: ₹ 87.66Stock
P/E: 30.06
Face Value: ₹ 10.00
52 Week High/Low: ₹ 199.00 / ₹ 97.10
EPS: ₹ 5.33
Price to book value: 1.86
Company got positive cash flow from last year. After two consecutive loosing years.
Government brought new subsidy scheme for leather sector.
Government focusing on leather...
Sreeleathers Ltd. engages in the business of footwear and leather accessories. It operates as a retailer and wholesaler of footwear and leather articles. The company was founded by Suresh Chandra Dey on January 14, 1991 and is headquartered in Kolkata, India.
SREEL
