10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Saturday, February 28, 2009

Ingersoll-Rand (India) Ltd:-Move on to better bets

Scripscan:Ingersoll-Rand (India) Ltd
Traded on:Nse-bse

Story:Suddenly all Capital Goods manufacturers are seeing fresh order inflow dry-up and existing customers either asking for increase in credit period if not an outright postponement of machine deliveries.The latest corporate to join this parade is the local arm of the US compressor manufacturer Ingersoll Rand. The company produced soft than usual Q3 numbers some days back, and is now ready to effect the closure of its only remaining Air Solutions plant in Ahmedabad.Ingersoll-Rand (India) Ltd has informed BSE that to tide over the reduction in customer orders, the Board of Directors of the Company have at its meeting held on January 29, 2009 decided to curtail the production activity at the Ahmedabad factory and authorised the Managing Director to suitably reduce the number of working days in each month as is commensurate to meet the level of reduced orders.It is apparent Ingersoll Rand like all its capital goods peers has no idea when demand will come-back or even revive.Compressor producers like Atlas Copco and Elgi are going to feel the heat going forth, as from Q4 onwards there would be zero visibility on Revenues and Profits.So folks sell Ingersoll-Rand and move on to the bets which I have suggested in these blog.

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner