Is Talbros Automotive the next multi-bagger stock?
Mukesh Devrari The share price of Talbros Automotive Components Ltd. has jumped 50 per cent in the last three trading sessions after the news that celebrated investors Vijay Kedia and Dolly Khanna have bought more than one per cent stake in the company. The news generated an extraordinary interest of small investors in the stock. In any case, who would not like to make easy money by investing in a stock that will probably skyrocket in the next few years? All the information about companies is in the public domain these days, so small investors can also look at the technical and fundamentals of the stock. I checked the basic facts about the company. Technicals appear all fine. It is a small company, P/E ratio is around 10. It has almost nil debt, the market cap is around 500 crores, and it is a profitable venture with three factories, including the one in Kicha, Uttarakhand, that’s my home state. It has around 546 employees and an impressive website. Small companies generally...