CMP: 2300

Aventis Pharma Limited manufactures pharmaceuticals and chemicals. The Company's pharmaceutical drugs include Novalgin, Baralgan, Avil, Daonil, Renedil and Rotane. Aventis Pharma's agrochemicals include Arozin herbicide, Decis insecticide and Arelon weedicide. The Company also manufactures animal healthcare products, hybrid seeds and diagnostic plates and kits.

Aventis Pharma is a good bet in mid-cap space. Its currently trading at a P/E of 20 with strong dividend yields of over 2% in the last 12 months. It runs on Zero debt and has strong cash equivalents of 655 Crores. Revenues have risen steadily from 884 Crores to 1160 Crores in the last 5 years. Profits have risen from 169 Crores to 231 Crores in the last 5 years. NPM has risen marginally towards 20% over 5 years. Buy and hold for long term gains.