CMP: 612

Nesco Ltd. is a diversified company involved in manufacturing and engineering products for railways and forging, realty development, and runs an exhibition center.

Nesco is a good bet in small-cap space. Its currently trading at a P/E of little over 11 with decent dividend yields. Minimal liability with good cash flows and cash equivalents. Revenues have risen from 67 Crores to 145 Crores in the last 5 years. Profits have risen from 18 Crores to 69 Crores in the last 5 years. NPM has moved up from strongly from 27% to an impressive 47% over the last 5 years. Buy, accumulate on dips and hold for long term gains.