CMP: 29

Sangam (India) Ltd. manufactures, exports and supplies textiles. The Company produces suitings, flock fabrics and dyed yarn.

Sangam India is a 117 Crore penny cap stock. Its currently trading at a P/E of 2. Its a high dividend yielding stock with yields of over 5% in the last 12 months. Liabilities are high and its a risky bet only for traders with the risk appetite. Revenues have grown from 552 Crores to 1171 Crores in the last 5 years. Profits have not been steady and fluctuating from 27 Crores to 57 Crores in the last 5 years. NPM has fluctuated and has settled down now to 5%.