Conart Engineers is a Mumbai based construction company
specializing in Industrial, Commercial, Residential projects
and roads and bridges. Even if the company is performing
well for the past many years ,it is ignored by the stock market.
Companiy’s client list includes well known names like
Alstom Projects,ABB,Advani Oerlicon, ABS Industries,
Camlin,Glaxo,Apollo Tyres..etc. Company is managed by
well experienced Engineers from ‘Sura ‘ family. For the last
financial year ,company posted a turnover of Rs .27 Cr , a net
profit of Rs.1.6 Cr and an EPS of Rs.5.5. Its order book is
above Rs.50Cr currently. After a long interval ,company has
declared a dividend in this financial year.
Currently it is trading with a market cap of just 8 Cr.
Considering the potential of the sector and experience
of promoters ,true investors can Buy below Rs.25 for
reasonable return in long term.CMP is Rs.28/-
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