CMP: 97

Surana Corporation Limited manufactures a range of gold and studded jewelery like gold chains, bangles, earnings, and bracelets. The Company also deals in the import and export of gold items such as gold bullions. Surana operates in steel trading and deals with a wide range of steel products.

Surana Corporation is a 213 Crore penny cap stock. Its currently trading at a P/E of over 3 with good dividend yields of near 2% in the last 12 months. Liabilities little on the higher side neutralizes with the low P/E. Revenues have grown fairly steadily from 2157 Crores to 5319 Crores over the last 5 years. Profits have risen more from 11 Crores to 58 Crores backed by NPM growth in the same period. NPM has doubled from 0.50% to 1% over the last 5 years. Investors with risk appetite can buy for long term gains.