Apm industries ltd Incorporated in 1974, Apm industries ltd, a company belonging to the Rajgarhia group, is engaged in the manufacture of synthetic blended yarn at its unit at Bhiwadi (Alwar district), Rajasthan, under the Orient Syntex brand name. In 1993, the company implemented a modernization-cum-balancing program at its existing unit whereby, the installed spindle age increased from 19,136 to 20,608. Apm industries ltd strength lies in its skilled & dedicated workforce and continuous upgrading of human resources skills .Apm industries ltd is firmly committed to constant up-gradation of its technology and machinery, thereby keeping pace with technological breakthroughs all over the textile world.
Market Cap: 107.03 Crores
Recommended Price: 50.10
Book Value: 84.70
Stock P/E: 6.18
Face value: 2
52 Week High/Low: 54.90 / 24.05
Apm industries ltd have more than 95 crore free cash reserve vs only 4.92 crore equity capital. Recently company has declared 85% (1.7rs) interim dividend per share .company has reported 245 crore sales and net profit 15 crore for 9 months in FY 14-15. Apm industries ltd is trading around 50 rs in BSE. One must buy it for long to medium term.
Apm industries ltd had already broken a big triangle on technical chart. One must buy for future gain.