CMP: 34

Cronimet Alloys India Ltd. manufactures high carbon ferro-chrome for use in the stainless steel industry.

Cronimet Alloys is a 209 Crore penny cap stock. Its currently trading at a P/E of 13. Minimal liabilities. Revenues have grown from 135 Crores to 171 Crores in the last 5 years. Profits have risen from 1 Crore to 14 Crores in the last 5 years. NPM has grown impressively from less than 1% to over 8% in the last 5 years. Buy and hold for long term gains.