Gujarat Borosil Ltd: Hugely Overpriced

Sales               188cr

NP                        8cr

Equity.                34cr
Rs 5 FV

EPS Rs               1.18

GBL is being pumped up by vested interests although co continues to report lackluster financials.

For FY 17, GBL has reported EPS of 1.17 ( excluding one off income of 6cr)

Equity:Turnover ratio not favourable as sales just 188 Cr on 34 Cr equity

Mktcap at 654 Cr is unduly high

We advise our fellow investors to stay away and don't buy