In today's edition of ‘Jain Sahab Ke Gems’, stock market analyst Sandeep Jain, while speaking to Zee Business Managing Editor Anil Singhvi, revealed another great counter for investors. Today, he has recommended a stock that he said has potential to give high returns to investors. The stock he picked today is Vindhya Telelinks Limited and here is why.

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According to Sandeep Jain, Vindhya Telelinks Limited is a Fiber optic cable manufacturing company which comes under MP Birla Group. The Vindhya Telelinks has emerged a leading manufacturer and supplier of Jelly Filled Telecommunication Cables, as well as of Optical Fiber Telecommunication Cables. It is an old company, and their regular clients include top telecom companies such as BSNL, MTNL, NTPC and Reliance Infocom.

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In today's episode, market analyst Sandeep Jain said: "Vindhya Telelinks is a brilliant company. The important part about this company is that value of company is good. Also, the P/E multiple of the company is just 4.63. Additionally, return on capital employed of the company is around 14-15 percent, debt to equity is 0. 27 which is very comfortable and interest coverage ratio of    the Vindhya Telelinks is 4.73."

"Last September quarter results of the Vindhya Telelinks are fantastic. Company's Profit after Tax is around Rs 66 crore and if you see the results of June and March quarter, the profit of the company is now double. Overall, the fundamentals of the company are very strong, and investors should definitely but this stock," he further added.

Investors Strategy for Vindhya Telelinks Limited

On what should be the strategy that a stock market investor can maintain in regard to Vindhya Telelinks Limited shares, Jain told Anil Singhvi, "Vindhya Telelinks Limited stock is currently trading around Rs 821.00 and one can target this stock at Rs 930-950."