CMP: 66

Renaissance Jewellery Limited manufactures studded gold, platinum, and silver jewellery.

Renaissance Jewellery is a 127 Crore penny cap stock trading at a P/E of 3 with dividend yields of well over 2% in the last 12 months. It runs at a debt of 188 Crores with 14 Crores cash in hand which makes it a risky bet. Revenues have risen from 385 Crores to 709 Crores in the last 5 years. Profits have risen from 20 Crores to 41 Crores in the last 5 years. Profit margins have risen marginally towards 6% in the last 5 years. Keep exposure minimal.