Zero Debt, High Dividends: 2 Penny Stocks, One in Radhakishan Damani's Portfolio

• Two penny stocks, Advani Hotels and Bhansali Engineering, are highlighted for being nearly debt-free, having high ROCE, and offering high dividend yields.
• Advani Hotels, operating Caravela Beach Resort in Goa, is part of Radhakishan Damani's portfolio (4.2% stake) and shows consistent growth in sales, EBITDA, and net profit.
• Bhansali Engineering, a manufacturer of ABS and other plastic resins, also demonstrates strong financial growth and plans capacity expansion in the automotive sector.
• Both stocks are currently trading below Rs. 100 and significantly discounted from their all-time highs, presenting potential value.
• Investors are advised to conduct thorough research due to inherent risks like market seasonality for Advani Hotels and raw material price dependency for Bhansali Engineering.

Why It Matters: It identifies penny stocks with strong fundamentals and high dividends for investors.