CMP: 73



Munjal Showa Limited manufactures ancillary products for automobiles, scooters and motorcycles. The Company's primary products include shock absorbers, front forks and struts.

Munjal Showa is a good bet in small-cap space. Its currently trading at a P/E of little over 5 with amazing dividend yields of well over 3% in the last 12 months. Minimal liabilities. Revenues have risen steadily from 692 Crores to 1292 Crores in the last 5 years. Profits have grown marginally from 26 Crores to 34 Crores in the last 5 years. The recent quarters have grown at over 100% a year which has been unprecedented in the last 5 years. Buy and hold for long term gains.