CMP: 17

APM Industries Ltd. manufactures and distributes synthetic yarns and sewing threads.

APM Industries is a 36 Crore penny cap stock trading at a P/E of 2 with dividend yields of well over 3% in the last 12 months. It runs at a debt of 34 Crores with less than 1 Crore cash in hand. Revenues have risen from 150 Crores to 241 Crores in the last 5 years. Profits have dropped from 4 Crores to 1 Crores and surged back to nearly 14 Crores in FY-2011. Recent quarter results also have been pretty good. Buy and hold till results stay good.