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, February 26, 2010

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

Scripscan:Sky Industries Ltd
cmp:75
Code:526479

Story:SIL is engaged in manufacturing a wide spectrum of narrow fabric items like hook and loop fastener tapes, knitted elastics, woven elastics, webbings etc.With manufacturing plants located at Vashi (New Bombay), Sachin at Surat and at Daman. SIL is the largest manufacturer of hook and loop tape fasteners in India and these hook and loop fastener are marketed under the brand "Sky magic" with a market share of more than 70% in the domestic market.The financial performance of SIL is likely to improve as introduction of new products like Velvet and increasing acceptance of SIL’s main product, hook and loop fastener, as newer applications have been innovated by the creative team of SIL. .SIL is the first few entrants in the manufacture of velvet and will have early entrant advantages in terms of pricing the product. SIL’s thrust area is the export market for its elastics. SIL has added customers in Morocco, Tunisia, Greece and Brazil besides the US, Europe and the Middle East.SIL is planning to expand its hook and loop capacity as there is good demand from garments manufacturers, home furnishing companies, car seat manufacturers, defence and shoes manufacturers as the usage of SIL’s hook and loops are getting acceptance and repeat orders are coming in as the quality of SIL’s products are much superior than the imported ones. SIL has a team of creative personnel, whose job is to invent newer applications of the hook and loop and is helping the marketing staff to increase the sales volumes. Future prospects seem to be bright for SIL. However all the products of SIL are manufactured using Nylon as feed stock and Nylon prices are dependant on the crude oil prices. Though it is not a major concern as Nylon price does not move in the same proportion as crude oil and there is over supply of Nylon internationally as well as domestically. With new products like Satin and Velvet Ribbon, SIL is on its way to become the largest player in the Narrow Woven fabric industry in the country. With the dismantling of the quota regime, there are new opportunities and avenues available to SIL which is expected to take SIL on the fast growth trajectory.With demand picking up for SIL’s products and introduction of new products will help SIL post even better performance in the coming years, market leader in its business with experienced promoters SIL is attractively priced at the CMP of Rs.75. Market capitalization is less than 30crs as it has a very low equity base. Though in the textile segment, SIL is in a niche area of business commanding more than 70% market share. At the current price of Rs.75 SIL is quoting at low single digit valuations.Considering all the above factors it looks worth a look.

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