Friday, October 29, 2010

Hi Mahesh,
Wants the information on Alpa Labs. I know its way down from its IPO prices and no good news on the horizon as well.
Interesting thing is that it did not ride the sensex wave as well and is very quiet.
Let me know what you think about this stock?
I might invest some money depending on the information.
Happy Diwali in advance!
Thanks.
Fahad hasmai

1. ALPA laboratories ltd is a biotechnology company with 10 rupee face value.
2. year high of alpa lab is 20.10 and year low 11.13
3. EPS of ALPA lab is 0.38 so I think company recent turn around from loss to profit.
4. promoter holding in alpa lab is 54.60 % which is normal
5. in 2007 alpa labs IPO come with price range of 62-68 and now it is available at ¼ of IPO price book value of alpa lab is 45.81 so my view is positive for alpa lab I think it is a value buy for coming 1-2 year.
6. I have no any share of ALPA lab, this article is not a buying advice only my view about ALPA labs.

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