CMP: 40

Store One Retail India Limited operates retail stores. The Company operates department stores that retail apparel, jewelry, watches, footwear and home accessories, and convenience stores.

Store One Retail is a 80 Crore penny cap stock trading at a P/E of little over 2. Its a Zero debt company now. It has cleared debt of nearly 400 Crores in the last year which seems to have turned around the company to profits in a big way. Revenues have dropped from 196 Crores to 50 Crores in the last 5 years. Company has turned around from losses of nearly 130 Crores to profits of 12 Crores in the last 5 years. Recent quarter profits have been impressive. One thing that's unclear is how they raised funds to settle debt. Otherwise, it looks a good trading bet.