CMP : 536


Esab India Limited manufactures welding and cutting equipment, accessories and systems, flux-cored/tubular wires, submerged arc welding fluxes, gas cylinder valves, and other related products.

ESAB India is a very safe bet. Returns will be safe, but will be slow and steady. Its a good dividend yielding script, yielding 3.74% last year. Its expected to be be that way. NPM is pretty decent and consistent. Revenue and PAT growth has been decent and steady. Its very good for investors who want to make safe and secure returns. Buy and accumulate on dips.