CMP: 530

Shriram City Union Finance Ltd. provides consumer loans.

Shriram City Union Finance is an excellent buy in mid-cap space. Its currently trading at a P/E of less than 10 with dividend yields above 1% in the last 12 months. Revenues have grown from 333 Crores to 1318 Crores in the last 5 years. Profits have grown in similar lines from 51 Crores to 240 Crores in the same period. NPM has moved up smartly from 15% to 18% over 5 years. Its a growth pick as well as a value buy. Buy, hold and accumulate for long term gains.