#Niveza #Review on #Small-Cap #Stocks 16 June 2016:: kalyani Steels is very interesting small cap stock. It is a group company of Mr. Baba Kalyani's kalyani group. It includes companies such as Bharat Forge. Because of strong promoter back ground and other group companies. the Kalyani steels can get benefit out of it. Domestic demand for steel is improving now and with economic activity picking up it will further benefit the sector. The government initiatives such as MIP for steel sector is another advantage for domestic players. The balance sheet of the Kalyani steel is in a good shape and better than most of the steel players at the moment. At PE of 7-8 it is a undervalued stock and in a next 1-2 years it can produce good returns for the investors. Source : Niveza Review.