CMP: 164

Setco Automotive Ltd manufactures and sells pull and push type clutches for commercial vehicles. The Company also manufactures various precision engineering components including machine castings, forgings, stampings, and turned parts.

Setco Automotive is a 289 Crore penny cap stock. Its currently trading at a P/E of 7 with strong dividend yields of well over 2% in the last 12 months. The company runs at a debt of 94 Crores which is compensated by its growth. Revenues have risen from 123 Crores to 303 Crores in the last 5 years. Profits have risen from 11 Crores to 33 Crores in the last 5 years. NPM has risen smartly from 9% to nearly 11% over 5 years. Buy and hold for long term gains.