CMP: 268

Lakshmi Electrical Control Systems Limited focuses on drives and controls, motor speed, limit switch, pneumatics compressors, agricultural machines, tools and equipment and transformers.

Lakshmi Electrical Control Systems is a 65 Cr penny cap share. Its a consistent and good dividend yielding stock with yields over 1% last year. It has minimal liabilities and is a safe bet in penny cap space. Its Revenues and PAT have been stable and solid. Its currently priced at a P/E of little less than 7, way attractive than its industry standard. Its book value adds to safe investment logic. Growth is the only concern. Buy, Accumulate on dips and hold for both short term and long term gains.