CMP: 114


Jagran Prakashan Limited publishes a daily newspaper. The Company publishes and distributes the "Dainik Jagran".

Jagran Prakashan Limited is a good mid-cap bet. High dividend yielding stock with yields of little over 3% in the last 12 months. Liabilities are minimal. Revenues have grown consistently at 20% a year. NPM has grown from 6% to 17% over the last 5 years which is impressive. On the chart, its trading just above its support levels and is a good time to buy. Its currently trading at a fair P/E of 17. Buy, accumulate on dips and hold for long term gains.