Nava Bharat Ventures

CMP: 197

Nava Bharat Ventures Limited manufactures ferro alloys which are utilized by the steel industry. The Company also generates & distributes power and manufactures sugar.

Nava Bharat Ventures is a decent bet in mid-cap space. Its currently trading at a P/E of 10 with dividend yields of 3% in the last 12 months. It runs at a debt of 277 Crores with 304 Crores cash in hand. Revenues have steadily risen from 563 Crores to 1093 Crores in the last 5 years. Profits have risen from 140 Crores to 306 Crores in the last 5 years. NPM has risen from 25% to 27% over the last 5 years. Buy and hold for long term gains.