CMP: 57

Century Plyboards India Ltd. manufactures, sells, and exports plywood and veneer. The Company offers commercial, marine, concrete, shuttering, and decorative plywood. Century Plyboards products also include veneer, block board, timber, decorative laminates, prelaminated boards, fire safe plywood, flexible plywood, cement, clinker, adhesives, and chemicals.

Century Plyboards is a good bet in mid-cap space. Its currently trading at a P/E of little over 15 and good dividend yields of close to 2% in the last 12 months. Manageable liabilities. Revenues have risen from 425 Crores to 931 Crores over the last 5 years. Profits have risen more from 20 Crores to 74 Crores in the last 5 years. NPM has moved up smartly from 5% to 8% over the last 5 years. Buy and hold for long term gains.