CMP: 96

Singer India Limited markets household and artisan sewing machines, sewing machine cabinets, tables and stands, needles, knitting machines, and replacement parts and components. The Company also manufactures televisions, refrigerators and other household appliances.

Singer India is a 103 Crore penny cap stock trading at a P/E of 6. It runs at Zero debt with 7 Crores cash in hand. Revenues have risen from 47 Crores to 156 Crores in the last 5 years. Company has turned around from losses to profits of 10 Crores in the last 5 years. Promoter holding of 75% looks good. Buy and hold for long term gains.