CMP: 98

ABC Bearings Ltd. manufactures ball thrust, roller & taper roller bearings and their components. The Company sells its products in India and abroad.

ABC Bearings is a 113 Crore penny cap stock. Its currently trading at a P/E of over 4 with amazing dividend yields of over 6% in the last 12 months. The company runs at a debt of 25 Crores, with 3 Crores cash in hand. Revenues have been steadily flat around 200 Crores in the last 5 years. Profits have risen from 20 Crores to 28 Crores in the last 5 years. NPM has risen marginally from 11% to 13% over 5 years. Its not a growth pick. Buy and book profits above 160 levels.