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, September 12, 2009

Balasore Alloys Ltd and Automobile Corporation of Goa Ltd:Future potential and growth prospects

1)Scripscan:Balasore Alloys Ltd

Story:Balasore Alloys Ltd. (Balasore Alloys) is a part of the Ispat Group headed by Mr. Pramod Mittal. The company has business operations in Orissa and manufactures Ferro Chrome and other ferro alloys. The company caters primarily to the stainless steel industry.The company which was referred to BIFR in 2003 got deregistered in 2005 pursuant to the financial and capital restructuring measures undertaken by the company.The company has fully integrated operations - has captive mines, a captive power plant and ferro chrome plant.The company has long term contract with the state government for supply of uninterrupted power alongwith a captive power plant of 21 MW capacity. Exports constitute a major chunk of revenues of the company.The company has 100 Hectares of Chrome Ore mines in Sukinda Valley in the state of Orissa. Sukinda Valley has huge chromite ore deposits. Mining operations have resulted in company's self sufficiency in meeting entire chrome ore requirement to produce Ferro Chrome on sustained basis.In short, there is a great opportunity available to the management since the kind of assets they are sitting on, the potential for profits is Huge.I believe the current stock price discounts the negatives.

2)Scripscan:Automobile Corporation of Goa Ltd

Story:Automobile Corporation of Goa (ACGL) is poised to deliver stupendous growth in the coming years. ACGL is one the largest bus body builder in India. In light of the huge surface transport projects being undertaken across India the company expects huge demand going forward from the Indian domestic market. Given the fragmented nature of Bus body building industry and the fact that ACGL is the largest organized player, it is expected to be a major beneficiary of the strong demand growth currently being experienced in the industry.ACGL caters to the most of the bus body requirement of Tata Motors buses for exports. Tata Motors' demand for buses is expected to be more than 20,000-25000 buses per annum. The company has started manufacturing several new models for Tata Motors like Tata Globus, Starbus and Star Skool.Significant increase in the CAPEX cycle in Middle East, emergence of African markets coupled with demand for CKD kits will ensure robust demand for the division.The Company is working closely with Hispano to use Hispano's technology to build buses for the Indian markets which will help ACGL to upgrade its technology and help it build larger / higher end buses.Conisering all the points acgl has got a great future ahead.Its quoting at low single digit mulitple based on 1 year forward earnings.A good bet to opt for.

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