Due to Durga Puja and Sree Leather's strong majority sales in Kolkata I am betting the buy. Corona itself is fearing the crowd in the stores haha.
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.
Happy that they are killing their kolkata's ultra expensive asset and turning that to dealership expansion. Buy
worth following it can go upto 280/300 levels pretty soon!
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...