How do you see RCF after the Jun-20 results?
Answer
Answer
Answer
For the Jun-20 quarter, RCF reported net sales of Rs.1621 crore for the Jun-20 quarter representing a 32% fall on lockdown conditions. However, the net profits for the Jun-20 quarter were up by 136% at Rs.19.18 crore.
For the quarter, the operating EBITDA stood at Rs.126.41, up 13% showing good operating traction and better expense control. However, the EPS of the company is just Rs.0.35 and that makes the stock very expensive at the current price of Rs.52.75.