India, Oct. 10 -- Aircraft makers don't change their parts suppliers easily. Once a supplier gets approved, the relationship can run for years, sometimes decades. That's why investors like to track small engineering companies that slowly work their way into this chain. They take time to build, but when orders start flowing the numbers can change quickly. One such name has been catching a lot of eyes lately.

Dynamatic Technologies is at Rs14,331.30, right at its 52-week high and more than double its 52-week low of Rs6,760.05. The consolidated PE is around 229, meaning investors are paying Rs229 for every Rs1 of yearly profit. Return on equity is just 6.22%, and price to book value is 15.53. That's a lot of good news already in the price....