Scripscan:Hindustan Dorr Oliver
BSE:509627
CMP Rs:26
Dividend:25 per cent
Story:Hindustan Dorr Oliver Limited (HDO) is an Indian EPC company having its core business activities in providing Engineered Solutions, technologies and EPC installations in Liquid-Solid Separation applications.Hindustan Dorr-Oliver Limited has a new face. HDO is now a wholly owned subsidiary of M/s. IVRCL Infrastructures and Projects Ltd., who are one of the leaders in Indian infrastructure industry, having core business focus on total Water Management including pumping, conveyance, treatment and distribution, national highways, roads, buildings, hydro-electric projects, power distribution, desalination, etc. IVRCL is also executing many projects on BOOT basis for various Government Departments of India.HDO has over decades established a unique track record and position as an extremely dynamic, totally reliable and component-engineering company, having a cutting edge of superior technologies to emerge among leading process equipment and plant engineering companies in India.Today, with every conceivable engineering skill at its disposal, HDO is engaged in an endless endeavor to upgrade, modify, adapt and invent products, processes and technologies to design, construct, install, erect and commission systems on complete EPC basis.At current price of 26 the stock is trading at just 3 times its forward earnings.Considering the pedigree quality and business outlook its a stock to own at every levels.
Regards,
ARUN
I can be reached at:arunanalyst@rediffmail.
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