CMP: 180

Kalyani Forge Limited manufactures and distributes forged parts for motor vehicles and motorcycles, including crankshafts and iron and steel die-stamped forgings and stainless steel forgings.

Kalyani Forge is a 65 Crore penny cap stock trading at a P/E of 5 with dividend yields of 1% in the last 12 months. It runs at a debt of 70 Crores which puts debt to profits ratio at 5 years which is pretty high, making it a risky bet. Revenues have risen from 191 Crores to 278 Crores over the last 5 years. Profits have risen from 9 Crores to 13 Crores over the last 5 years. NPM has clawed back to 5% after a huge dip in 2009. Its a decent bet. Buy and exit when Nifty Peaks.