CMP: 344

Rasoi Limited manufactures vanaspati, soap, refined oil, industrial hard oil, cotton seed oil and cotton seed cakes. The Company also manufactures tin containers.

Rasoi is a 66 Crore penny cap stock. Its currently trading at a P/E of 8 with decent dividend yield of close to 1% in the last 12 months. It runs at a debt of 10 Crores and cash in hand of 1 Crore. Revenues have fluctuated and dropped from over 100 Crores to 88 Crores in the last 5 years. Profits have fluctuated around 1 Crore, dipped to losses in FY09 and surged back to 8 Crores in the last 12 months. FY12 has been good so far with profits surging over 300% than the flat results in the last 5 years. Traders with risk appetite can take minimal exposure and book profits at 450.