Hi Manoj,
I dont understand anything technical. Is there any one who has some fundamental view on LML?
Even I feel (though I dont have any fundamental details, but the price looks attractive) LML is a good buy at this price.
Thanks,
One advice for u my friend never go in for a stock because it is cheap.
people who entered Tata tele a few yrs back with the images of Bharti would have probably held on to a lagard. For fundamentals Im sure u know that LML comes at the third postion after Bajaj Auto and Hero Honda. Plus the results have been quite disappointing. Check this
Year 2005/03 2003/09 2002/03 2001/03
Profit After Tax -96.31 -38.68 -44.32 -41.01
Var % NA -12.73 8.07
Year 2001/03 2000/03
OPM (%) 1.13 7.60
Var % -293.81 ` -85.13
Year 2005/03 2003/09 2002/03 2001/03
Sales 603.86 951.08 470.42 518.39
Var % NA 102.18 -9.25
Profit After Tax -96.31 -38.68 -44.32 -41.01
Var % NA -12.73 8.07
Return on Total Assets (ROTA) -14.08%
Return on capital employed (ROCE) -34.21%
Net profit margin -15.85%
Stock Year Ending Net Operating Income Cost of Sales
LML 2005/03 603.86 730.64
Other Recurring Income Depreciation Other Write-offs
3.49 40.57 0
Final Expenses Adjusted PBT Tax Nonrecurring Item
21.19 -185.05 -48.32 17.89
Other Non-cash Adjustment Reported PAT
22.53 -96.31
Pls remember its all respectively
njoy