CMP: 260

MOIL Limted offers mining operations and services. The Company operates mines located in the Nagpur and Bhandara districts of Maharashtra and in the Balaghat district of Madhya Pradesh.

MOIL is a decent bet in mid-cap space. Its currently trading at a P/E of 10 with dividend yields of close to 3% in the last 12 months. It runs at Zero debt with nearly 1900 Crores cash in hand. Its a recent listing and there's not much of historical financial information. Q2 FY2012 made Revenues of 248 Crores with profits of 101 Crores. NPM is pretty strong at 40% in Q2 FY12. Its a pretty decent PSU bet.