CMP: 96

Torrent Cables Limited manufactures a wide range of cabling products.

Torrent Cables is a 82 Crore penny cap stock. Its currently trading at a P/E of 9 with high dividend yields of 2.59% in the last 12 months. Minimal liabilities. Revenues have grown from 5.40 Crores to 245 Crores in the last 4 years. Profits have risen from just 8 Lakhs to almost 7 Crores in the same period. NPM is currently close to 3%. The Torrent group is well known for strong management. Buy for long term gains.