Weekly Shorts : Analysis of Coastal Corporation

Current Market Price : INR 279.75

Coastal Corporation of India is a small cap company engaged in processing and export of seafood.

As of FY 2020, the company has two processing units. The company has a book value of INR 150 per share and a stock P/E of 14, which is excellent in comparison to the industry P/E.

Apart from this, this share ROE and ROCE have been consistent at 26.6% and 20.7% respectively.

Our Stance : BUY (less than 5% of your portfolio)

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