Celebrity Fashions ltd

Here is another Stock in Textile sector which performed badly.I don't  know the reasons, but it got beaten down badly from 100+ to 20...and no one is showing interest in this stock,

Here are few things which i look and feel this as good value buying
Mcap :30 cr
Sales:80 cr
Share Holding :Public 20%
rest with Promoters and other investors which is a Good sign i guess
only last two years it had performed badly and all the ratios and figures are bad for the past two years

Debit/Equity is 15 which is very high is the only concern

But recently they are planning to divest part of companies units into separate entities so that they can capture true potential and had asked PWC and SBI Capital to Advice regarding this .




Thanks
Pradeep Reddy Lekkala