Best Stock in the Textile Sector

#StockTips #Nifty #Textile #IndoCountIndustries

INCO COUNT  could be the best stock to invest in the TEXTILE Sector.

Why?

1)                        The stock has got beaten down last 1 year , giving a large room to rise

2)                        Current PE Ratio stands at 13 with a PEG ratio of 0.15

3)                        Since Indo count’s business is largely from US, so not much effected by GST

4)                        Have reduced its debt significantly

Another major reason is that it will have robust figures in Q1 .

http://www.moneycontrol.com/news/business/earnings-business/indo-count-q1-pat-seen-up-19-9-to-rs-58-5-cr-kr-choksey-2327837.html