The stock has moved more or less in line with the market and trades at a trailing price to earnings multiple of 11.7 times. The company had raised about Rs 93 crore from the primary market which was subscribed three times.
Euro's financial performance has been quite encouraging since last few quarters sequentially except the June 2007 quarter.
However, on a year-on-year basis, it has been good with net sales and net profits growing at 40 per cent and 50 per cent respectively.
