CMP: 76

Aarvee Denims and Exports Limited manufactures and markets a range of denim fabrics and and denim-related garments for men, women and children. The Company also manufactures cotton garments and home textiles. The Company sells its products in India and elsewhere throughout the world.

Aarvee Denims is a 178 Crore penny cap stock trading at a P/E of less than 5. It runs at a debt of 350 Crores with 31 Crores cash in hand. Debt to profits ratio is high, which makes it a risky bet. Revenues have risen from 243 Crores to 661 Crores in the last 5 years. Profits have from 5 Crores to 14 Crores in the last 5 years. Last 2 quarter results have spiked nearly 400% on rising profit margins and one can buy and hold if this trend continues.