CMP: 43

IVP Limited is a diversified manufacturing company. The Company's products include vanaspati, edible oils, industrial chemicals, foundry chemicals, advanced ceramics, and spark plugs. The Company sells its products in India and abroad.

IVP is a 44 Crore penny cap stock. Its currently trading at a P/E of 6 with strong dividend yields of well over 3% in the last 12 months. It runs at a debt of 5 Crores. Revenues have risen steadily from 54 Crores to 130 Crores in the last 5 years. Profits have fluctuated between losses and 3 Crores in the last 5 years. FY12 has been good so far with profits almost touching 7 Crores in the last 12 months. Buy and exit above 80 levels.