CMP: 207

Warren Tea Limited owns and operates tea plantations. The Company also manufactures the machinery for processing tea, in addition to conducting the warehousing, shipping and export businesses.

Warren Tea is a decent small-cap bet trading at a P/E of less than 14 and is highly volatile. It runs at zero debt with 44 Crores cash in hand. Revenues have risen from 133 Crores to 213 Crores in the last 5 years. Profits have risen from less than 2 Crores to 20 Crores and back to 6 Crores in FY-2012. Recent quarters have done well in bottom-line. Buy and hold for long term gains.