CMP: 79

Weizmann Forex Ltd. offers money changing services. The Company operates a chain of shops that offer foreign exchange services; demand drafts; telegraphic transfers; prepaid travel cards; traveller's checks; travel, life and general insurance; mutual funds; branded gold coins; and inbound money transfers.

Weizmann Forex is a newly listed penny cap stock of market cap 83 Crores. Its currently trading at a P/E of little over 6 with minimal liabilities. NPM is low at 0.40% due to the nature of their business. Recent quarter results have grown. Its a decent bet in penny cap space. Keep exposure minimal as its a new listing and watch each quarter results for consistent growth and hold for long term gains.