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

Wednesday, June 24, 2009

Banswara Syntex Ltd:-One of the real textile gems

Scripscan:Banswara Syntex Ltd
cmp:43
Code:503722

Story:Banswara Syntex Limited has been in spinning, historically.Over time, it has stepped across the textiles value chain. Value-added businesses fetch high margins and Banswara is looking to increase its share from such products.It started with weaving and later diversified into cotton spinning and readymade garment manufacturing.A separate unit was set up at Daman to manufacture trousers under the brand name of ‘Integration’. The production is exported to more than 50 countries including US, UK, Canada and Spain. With its plan of positioning itself as an integrated textiles company, it has taken several steps. Recently, it installed 10 jacquard looms to make upholstery fabric and set up a new plant for readymade garments at Surat. This plant also has the capacity of producing 11,250 jackets per month. Its foray into jackets will ensure another revenue source. The share of fabric and garments in its total revenue is rising and is expected to reach 60% by 2010. While integration is the goal, its focus on the yarn business will remain unchanged. This is clear from the increase in its spinning capacity. As competition for cotton yarn business has intensified, it has converted spindles for cotton yarn spinning into blended yarn production. The company enjoys a strong customer base. It includes Levi’s Strauss (Dockers), Marks & Spencer, Next, Perry Ellis,Liz Clairborne and domestic players like Raymond and Pantaloon. It has set up an 18MW thermal power plant in Banswara which meets 90% of its power requirements. Changing over to coal has also helped to save on fuel costs. The March quarter has been good for the company. Sales and operating profit have grown 18% and 135%,respectively.The five-quarter average sales and operating profit growth are 27% and 42%,respectively. It operates with a margin of 13%. The most compelling reason to buy this stock is its valuation. At the current price of Rs43, its market-capitalisation is 0.1 times its sales and 0.9 times its operating profit. We can’t get too many stocks cheaper than this.A great Buy on declines.

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