La Opala RG - Q1 FY14 Result - Microsec

La Opala RG LTD Net Sales increased by 19% YOY to INR32.2 crore YOY and its EBITDA increased by 49% YOY to INR8.2 crore. EBITDA Margin of the company increased from 20.4% to 25.5% YOY. PAT increased by 61% YOY to INR4.5 crore.

We had Recommended the stock in our Small & Midcap Picks Research Report dated 07th Sep 2012 at the level of INR127 and since then the stock has gone up ~236% in 11months. At the CMP of INR428 the stock is trading at a P/E of 15x on its FY14E EPS of INR28.05. We advise the investors to book TOTAL Profit at the current level.

Source : Equity Bulls

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