CMP: 37

Photoquip India manufactures studio flash lights, camera supports, and other photographic accessories.

Photoquip India is a 18 Crore penny cap stock. Its currently trading at a P/E of 3. Manageable liabilities. Revenues have grown from 26 Crores to 61 Crores in the last 5 years. Profits have picked up from 1.53 Crores to close to 6 Crores. NPM has grown from 6% to close to 10%. Q1 FY12 has also been good. Buy and hold for long term gains.