Scripscan:Birla Power Solutions Ltd
cmp:1
Code:517001
Story:Birla Power Solutions Limited manufactures and sells diesel and portable generators, multi purpose engine sets, pumps, inverters, power tillers, and sprayers in India.Its products also include batteries, alternate fuel based generators, and lawn movers.In addition, the company trades in electrical appliances and miscellaneous components; and engages in the wind mill power generation.It provides its products through a network of dealers under the BIRLA ECOGEN and BIRLA HARIT brand names.The company exports its products to Africa, South America, and south Asian countries. The company was formerly known as Birla Yamaha Limited and changed its name to Birla Power Solutions Limited in December 2003.Its a Yash birla group company and as we all know the page 3 personality hasnt made much money for its shareholders ever.Boring business model,lethargic management, simply nothing to boast of at all.Birla power ended fy10-11 with 7crs of profits on a nearly 300crs of sales.Why on earth would you buy this crap for 150crs marketcap?Just because its worth in pennies?Costs less than a buck?mind you its a FV1 company.Birla power would never create any money for itself or its stakeholders in near future.So what are you waiting for folks?Sell it and get over with your miseries.
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