Orbit Exports, a small company based in Maharashtra has been improving its performance in the recent months. Its TTM EPS is about Rs 2.70 on equity of Rs 7.39 crore. Book Value is Rs 16 , and its 52 week high/low are 36/10. The stock is currently available at Rs 29.
Recently the company's Board has decided to allot 2.75 lac shares to two entities at Rs 35 per share. The company has also informed the stock exchanges that its order book position has improved by 330 % on increased demand from US market. These orders would b e executed in Q1 and Q2 of FY11.
The stock appears attractive at the present price of Rs 29.