CMP: 112

PI Industries Limited manufactures agricultural and fine chemicals, and polymers. The Company produces fine chemicals; crop protection, plant nutrients, and seeds; and engineering plastics for use in the automobile, electrical, and home appliances industries.

PI Industries is an excellent growth stock in mid-cap space. Its currently trading at a P/E of 14 with decent dividend yields of 0.35% in the last 12 months. Manageable liabilities. Revenues have grown steadily from 357 Crores to 719 Crores in the last 5 years. Profits have sky rocketed from from less than 5 Crores to over 64 Crores in the last 5 years. Recent quarter results are way too good. NPM has rocked from 2% to 22% and is on the way up for more. Buy, accumulate and never sell.