Navin Flourine is virtually a debt free company with the 52 week low and high of 646 and 2025 respectively. A gem of stock which I had recommended at around 700 level after it zoomed like anything and people made plenty of money.
It is enjoying the price to earning at half the price when compared with its peers/competitors. Small cap of around 9 crore it has decent reserve looking at Mar 15 results. With face value of Rs.10/- it dividend pay out is 160% - another defensive stock for addition. Constant sales, NP on the rise and so is the case with overall valuations ; average profit generating efficiency level of around 14%.
With Book value of around 583 it has decent market cap too.
Buy on each correction with SIP like approach.