CMP : 86

Span Diagnostics Ltd manufactures and provides diagnostic products for pathology and clinical laboratories in India and worldwide. The Company services end users and distributors with ready to use testing kits and original equipment manufacturer products.

Span Diagnostics is a 62 Cr penny cap share. Its a safe bet. Its currently trading at a fair P/E of 8 with balanced liabilities. NPM is inching towards 10 and is on the rise. Revenues and PAT have been steady and rising slowly. On the chart, it should find strong support at 80 - 82 levels. Buy with long term views, Accumulate on dips and hold.