CMP: 65

Clutch Auto Ltd. manufactures automotive components. The company produces clutches, clutch components and spares for cars, tractors, motor cycles and earth moving equipment.

Clutch Auto is a 117 Crore penny cap stock. This is purely a news based recommendation. Clutch Auto as such is not so fundamentally strong. Its for short term traders who love to catch the rally. Its high on liabilities. Its currently trading at a P/E of 13. Revenues have been steady, but profits have dipped a little on dipping NPM which is now a little below 4. Keep minimal exposure on this stock.