Reco Price: 99

Commercial Engineers & Body Builders Company Ltd. builds truck and locomotive bodies. The Company produces dump truck, tanker, cargo box, skip-loader, garbage, troop carrier, prison van, fire engine and ambulance bodies, and locomotive, boxcar and passenger coach bodies.

Commercial Engineers is a decent bet in mid-cap space trading at a P/E of little over 10. It runs at a debt of 110 Crores with nearly 6 Crores cash in hand. Revenues have risen from 216 Crores to 469 Crores in the last year. Profits have risen from 6 Crores to 41 Crores in the last year. Profit margins have surged from less than 3% to nearly 9% in the last year. Buy and hold for long term gains as long as growth continues.