CMP: 54

Avantel Limited specializes in the Information Technology sector. The Company's services include designing, developing and deploying various e-business solutions, in addition supplying assorted application services in the ISP area.

Avantel is a 26 Crore penny cap stock. Its currently trading at a P/E of little less than 5 with good dividend yields of close to 3% in the last 12 months. Minimal liabilities. Revenues have been static for the last 5 years at around 22 Crores. Profits have fluctuated between 1 Crore to 3 Crores. NPM has been hovering around 13% over 5 years. Q1 FY12 has surprised positively with NPM spiking above 50%. Q1 FY12 profits at 2.73 Crores has almost matched all of FY11 profits. Buy, hold and watch upcoming quarter results closely.