Hidden treasures: Outlook money's 12 small cap stocks for year 2007

Aegis Logistics Incorporated in 1956, the company is in the specialised
business of storage and handling of bulk items, especially oils,
chemicals and petroleum. It has consistently given its shareholders
dividends, and is currently quoting at about Rs 140, well below its
2005 peak of over Rs 300.

Crew B.O.S. Products A leading leather exporter, the company is also
listed on Luxembourg stock exchange and has consistently paid
dividends. It recently announced plans to issue preference shares to
promoters, which will have the effect of diluting earnings per share
(EPS).

Dewan Housing Finance Corp. In business since 1984, the share currently
quotes at about 30 per cent below its highs in June 2006. It has
recently expanded operations into the Gulf area to facilitate NRI
investment in Indian housing.

Eastern Silk Industries. This Kolkata-based company was started in
1946. Its broad production range includes silk yarn, fabrics,
embroidery and accessories.

GIC Housing Finance. Promoted in 1993 by General Insurance Corporation,
the company is largely held by public sector insurance companies.
Business has benefited from the current real estate boom, and as a
bonus, the regular dividend of 15 per cent offers a high yield.

Jetking Infotrain. Incorporated in 1984, Jetking offers computer
education through 60 centres-company-owned and franchised. It
specialises in hardware and networking education and readies students
for direct entry into the job market.

RTS Power Corp. In operation since 1947, this manufacturer of
electrical transformers and related products seems to have benefited
from the recent infrastructure boom. It has also made a tentative foray
into wind energy, with a 1.25-MW wind power plant at Dhule,
Maharashtra.

Raj Rayon. In business since 1993, Raj Rayon recently set up a
polyester yarn plant at Silvassa. It has paid 10 per cent dividend for
the last two years, and currently trades at Rs 43, more than double its
June-low of less than Rs 20, but a long way from the earlier high of Rs
81.

Shri Dinesh Mills. In operation for 70 years, the composite textile set
up has recently entered into a joint venture with US-based company
McGean Rohco Inc to produce speciality chemicals.

Surya Pharmaceutical. With four units in the tax-exempt areas of
Himachal Pradesh, Surya focuses on penicillin and its derivatives.
Other products include cephalosporins and anti-histamines. It exports
over 50 per cent of its production.

Tricom India. Started in 1992, Tricom is an early entrant into the BPO
business, specialising in electronic management of business documents
for overseas clients. It recently announced a 1:1 bonus.

Vivimed Labs. Set up in 1988, Vivimed has a large product offering of
healthcare products, including over the counter products. It also
partners customers in synthesizing and developing new products.