There’s No Escaping Gillanders Arbuthnot and Company Limited’s (NSE:GILLANDERS) Muted Revenues Despite A 25% Share Price Rise
Gillanders Arbuthnot and Company Limited (NSE:GILLANDERS) shareholders would be excited to see that the share price has had a great month, posting a 25% gain and recovering from prior weakness. Looking back a bit further, it’s encouraging to see the stock is up 39% in the last year.
Although its price has surged higher, considering around half the companies operating in India’s Industrials industry have price-to-sales ratios (or “P/S”) above 2.3x, you may still consider Gillanders Arbuthnot as an solid investment opportunity with its 0.6x P/S ratio. However, the P/S might be low for a reason and it requires further investigation to determine if it’s justified.
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