1. If one is a value investor than none can beat the prospects of Manugraph industries which is languishing at trememdous low levels and one can buy the stock considering its dividend yield itself.

2. It is a leading manufacturer of web offset printing machines which are used for printing newspapers and periodicals. Media is on the upswing and thus this uptrend will continue in the stock. I also had this stock in my kitty in the hey days of the stock market and made money with it.

3. As a caution due to recession Manugraph is likely to close FY09 with net profit of around Rs 50 crore, which would be at least 20% below its last year’s net profit of Rs 62 crore and thus its valuation will be affected accordingly. However it is a safe bet as it has a low debt-to-equity ratio which is less than 0.5 and is a healthy dividend paying company and thus one can be sure of the returns from the dividend which will be better than the fixed deposit returns.