CMP: 161

Lumax Auto Technologies Limited manufactures a wide range of automotive components. The Company's products include drive transmission and steering components, body and chassis, and electrical components.

Lumax Auto is a 222 Crore penny cap stock. Its currently trading at a P/E of 10 with exceedingly good dividend yields of close to 4% in the last 12 months. Minimal liability and rich Cash & Cash equivalents makes it a safe buy. Revenues have grown strongly from 160 Crores to 340 Crores in the last 5 years. Proftis have risen more from 3 Crores to 18 Crores in the same period. NPM has grown strongly from less than 2% to over 5% in the last 5 years. Buy, accumulate on dips and hold for long term gains.