Mazda

This Gujarat based small cap company has two divisions – engineering and food. In engineering, it makes various engineering equipments and it has a financial, marketing and technical collaboration with US based Croll-Reynolds, which also holds 6.8% stake. Its food division makes instant powder drink,,fruits jams, squash, custad powder,baking powder ,food colour ..etc under the brand name ‘BCOOL’. The company did well in Q2FY13 with its topline rising 29% (YoT) at Rs.31.52 crore on which it posted a net profit at Rs.3.64 crore, up 92%.

The stock has done well in November with its monthly high at Rs.146 and low at Rs.70.25. The stock does not have too much fancy mainly because of the promoters holding which at just 34.46% is not too enthusing. The company has a small equity at Rs.4.26 crore and reserves of Rs.62 crore.