CMP: 423

Cravatex Limited manufactures and distributes sports and casual wear and fitness equipment for home and commercial use.

Cravatex Limited is a 109 Crore penny cap stock. Its currently trading at a P/E of 15 with good dividend yields of 1.18%. Minimal liabilities. Revenues have picked up from 47 Crores to 91 Crores in the last 5 years. Profits have picked up heavily from 1 Crore to 6.45 Crores in the last 5 years backed by NPM growth. NPM has picked up from 2% to as high as 7% in the last 5 years. Q1 FY12 has also done well with over 50% growth. The stock is also bullish on the chart. Buy for long term gains.