CMP: 514

Reliance Industrial Infrastructure's main activity is to own, maintain and operate two pipelines from BPCL's refinery in Bombay to Reliance Industry's petrochemical complex in Patalganga. The pipeline carries petroleum feedstock.

I don't recommend most reliance stocks. But, this is a better bet among them. Its a decent small-cap bet currently trading at a P/E of 35. It runs at Zero debt with 2 Crores cash in hand. Revenues have been pretty much static at above 50 Crores in the last 5 years. Profits have also been static growing at minimal pace from 19 Crores to 22 Crores in the last 5 years. NPM has also been static at over 40% in the last 5 years. Its not a growth pick, but is a good one for swing trading. Buy and book profits when Nifty peaks.