Buy Repro India , says Rajesh Agarwal of Eastern Financiers.
Agarwal told CNBC-TV18, "Repro India is basically publishing company, which provides print and other solutions to corporate, government institutions. They provide right from the content to the printing and delivery of products like annual reports and other things."
He further added, "The first quarter numbers were pretty good with sales up by around 20% and bottomline added 197%. We expect the company to report around 30-35% jump in both topline and bottomline for the full year. Expected FY12 EPS is around 29 that make the stock highly under valued with PE of less than 6 hence we recommend a buy."
