Categories

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).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Friday, April 10, 2009

Visa Steel Ltd:-An aggresive company with great future

Scripscan:Visa Steel Ltd
cmp:20
Traded in:Nse-bse

Story:Visa Steel currently manufactures an array of products like pig iron, coke and chrome concentrate. Pig iron and coke account for around 90% of its topline. The company has a total capacity of 225,000 tonnes of pig iron, 400,000 tonnes of coke and 100,000 tonnes of chrome concentrate.Considering the rising demand for value-added steel products, the company plans to consolidate its existing fragmented raw products like coke and pig iron. Stainless steel will replace coke and pig iron as the company’s leading product by the end of FY09. If everything goes as per plan, the company will have a stainless steel capacity of 0.5 mt by December ’09. To achieve this target, Visa Steel is expanding its backward operation in modular phases. First, it commissioned a 50,000-tonnes ferrochrome plant in November ’07. It is now setting up a sponge iron plant with capacity of 300,000 tonnes and a waste gas recovery power plant of 50 mw.Besides the above expansion plans, the company has a joint venture with Baosteel of China to manufacture 100,000 tonnes of ferrochrome in India.Steel sector has witnessed strong growth in recent years, with steel production almost doubling in the past six years to 53 million tonnes (mt). This, along with the strong global outlook for the steel sector, has raised the ambitions of domestic steel companies, which are now investing in backward integration to maximise their returns and derisk their finances from fluctuations in input prices. Visa Steel is one such small-sized pig iron and coke producer, which aims to emerge as an integrated stainless steel producer by the end of ’09.The effect of expansion and integration will start reflecting in Visa Steel’s financials in two phases. In the first phase beginning FY09, its topline and bottomline will reflect the gains from investment in sponge iron, ferrochrome and power plants. In the second phase, the 0.5-mt stainless steel plant will begin to contribute to its financials from FY11onwards. However, once the stainless steel plant gets operational, sponge iron, pig iron and part of its coke and ferrochrome capacities will be consumed internally. So, it is important to consider the financials for FY11. The company’s earnings per share for FY11 are estimated at Rs 18-20,.This makes it an attractive stock pick for investors with a horizon of 3-4 years.

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: arunsharemarket@gmail.com 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.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner