Spinning Power

Deepak Spinners is doing badly but has some hidden value

The operational income of Deepak Spinners (DSL) has been declining by an average 10% over the past five quarters, while its operating profit was down 4% over the same period. The company operates at a margin of just about 7% and yet the stock has been shooting up the charts. It emerged among the toppers within micro-cap stocks this...

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