High Growth Engine

As part of our Wealth Creator Series , today we look at Swaraj Engines'. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.

Swaraj Engines' parent company, M&M, commands a market share of 42 per cent in the farm equipment sector which has brought to it the pricing power and brand equity. It is not only debt free but also has cash and investments of over `100 per share. It expects to almost double its manufacturing capacity this financial year and the entire capex is being met with internal accruals. Low production costs make its margins fairly healthy.

To read about how we arrived at the list click here. To read about stocks from the Wealth Creator List, click here.

This article was originally published on August 22, 2012.