Lately when the market has been confronted with the volatility and virtually bleeded, Navin is providing very good opportunity to buy at the current levels. Around half the price to earning which it enjoys, it has the hefty and attractive book value of 583. Finding constant sales with small equity capital of 9.77 crore, it is embedded with very good valuations with average ROE of 14 during the past five years. A debt free company which has 52 week low 646 and Rs.2025, it is a gold mine and very dependable stock.
A defensive stock giving dividend of 160% on face value of Rs.10, return wise, it has miles n miles to go, yet.