Get Magazines for free

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

Monday, December 21, 2009

IAG Company Ltd:Buy/sell/hold,growth prospects and recomendation,news and results,target price and analysis,views and outlook

Scripscan:IAG Company Ltd
BSE code:502241
cmp:20

Story:IAG Co Ltd is the culmination of over four decades’ process of evolution and growth that began in 1956 under the name of Indo Asahi Glass Co. Ltd. It was the first joint venture of Asahi Glass Co Ltd, of Japan, outside their country. From that time the company was showered with uninterrupted patronage and directions from them till the year 1998.The first three decades of the company’s existence were primarily devoted to the growth and consolidation of the sheet glass business in clear and colour. In the year 1988, the company launched a line of high quality figured glass. In the year 1999, the Japanese conglomerate debonded their relationship with the Indo Asahi Glass Co. Ltd. Thereafter the ownership was fully indianised and it came under the aegis of an Indian glass manufacturer transforming the name to IAG Company Ltd.After completion of fifty years of existence, the full management and operational control of the company has been taken over by an upcoming entrepreneur group who are in the construction materials manufacturing for few years. With the advent of globalization of the Indian economy, IAG has transformed it’s work culture tuning with the new era. But still the reputation that IAG has built over the years for high ethical standards is one of company’s greatest business assets.The Commercial Production of the Company started in the month of December, 2008.The Company has also undertaken projects for modernization and expansion as well as for modification and development.It has revamped the production capacity of Furnace-1 to 90 TPD by modification of the furnace and its allied areas.In order to leverage optimum capacity of the Furnace-2, the existing 6-ft line has been converted to 7 ft, a 15% increase in production and also setting up of an additional 4-ft line in the same furnace is nearing completion. This will enhance the production capacity to 290 TPD.In order to mitigate costs of Furnace Oil the company has switched over to coal gas by installing 3 nos gassifiers imported from China.IAG has also signed a Memorandum of Understanding with Tripti Vinimay Private Ltd. for the development-cum-modification of the Company's land at Sodepore.This project is expected to be completed in next five years.All this developments should result into decent numbers for the company in the coming years.I rate a hold on this scrip at present levels.


Regards,
ARUN
I can be reached at:arunanalyst@rediffmail.com

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