CMP: 293

Stovec Industries Ltd. manufactures perforated rotary screens, industrial machinery, and other related equipment. The Company's products include stenter machines, electroformed filters for chemical & sugar industries, nickel tapes for tobacco industry, engraved cylindrical screens, copper rollers, multi-layer printed circuit boards, offset plates, ferrite, printing & sizing machines.

Stovec Industries is a 61 Crore penny cap stock currently trading at a P/E of less than 10. Excellent dividend yields of 3.51% in the last 12 months. Minimal liabilities. Revenues have grown from 35 Crores to almost 60 Crores in the last 5 years. Profits have grown more from 1.42 Crores to over 7 Crores backed by strong NPM growth. NPM has grown from 4% to over 12% in the last 5 years. Buy and hold for long term gains.