CMP: 66

Supreme Petrochem Limited manufactures and markets polystyrene.

Supreme Petrochem is a decent volatile bet in mid-cap space trading at a P/E of 29 with dividend yields of well over 2% in the last 12 months. It runs at a debt of 94 Crores with 37 Crores cash in hand. Revenues have risen from 1481 Crores to 2272 Crores in the last 5 years. Profits have risen from 22 Crores to 87 Crores and then dipped to 31 Crores in FY 2012.Q3 FY2013 announced recently has announced strong results both on top line and bottom line. The stock should be bullish in the short term.