CMP: 12

Asahi Infrastructure & Projects Limited is a construction company. The Company is involved in road and other construction projects as well as home building.

Asahi Infrastructure & Projects Limited is a 43 Crore penny cap stock. Its major plus is least liabilities on hand. Revenues have grown 5 fold in the last 5 years and nearly 8 fold in PAT which is impressive for a penny cap share considering that revenues have been flowing in steadily with no hiccups. NPM is pretty low at 2% although has picked up from even bad less than 1% during FY09. P/E is little expensive at close to 30 even for a consistent revenue flowing penny cap share. The stock has been bullish on the chart with strong volumes. Start investing with little exposure, accumulate closely watching each quarter results and hold for long term gains.