CMP: 78

De Nora India Ltd. undertakes fabrication, coating and recoating of mercury meta lanodes, coating/recoating of cathodes/anodes, manufacturing of components for Ion-exchange membrane, and electrolysers for the chlor-alkali industry.

De Nora India is a 43 Crore penny cap stock. Its currently trading at a P/E of 12 with amazing dividend yields of 6% in the last 12 months. Minimal liability. Revenues have been around 20 Crores in the last 5 years. Profits have fluctuated and stayed below 5 Crores in the last 5 years. FY12 profits is heading towards close to 4 Crores. This stock is purely for swing traders. Buy and book profits around 100.