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Munjal Showa

Established by the the house of Munjals, though Munjal Showa is having small market capital of 777 crore but when it comes to its EPS and PE ratio, it is better placed than other industry players. Against the equity capital of just 08 crore it is adding to its reserves when compared with previous quarter be its ROE and other valuations, they are increasing or finding finding stability. Paying increased rate of dividend (which speaks of its growth avenues), it is a debt free company thus making it as one of the dependable stock for investment.

One should remain invested or hold it for the level of Rs.250/- in the coming quarters.

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