With increasing salaries, skewed margins and primary markets like US, Europe not in good shape I am not much interested this area.
But there is still one stock which I would like to recommend "Micro Technologies".
Reason - 52 week low : 144
P/E - 3.19 vs Industry P/E - 25
Price/BookValue - 0.6
This company is product base, it has domestic presence. This company has great strategic alliances in Japanese and Israel based companies. You might hear of some acquisition soon.
Best part is that they have rural India on radar with their security based products.
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