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Thursday, October 20, 2011

Cubex Tubings Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Cubex Tubings Ltd
BSE code:526027
cmp:10

Story:Cubex Tubings Limited manufactures and sells copper and copper based alloy products in India. Its products include a range of cupronickel, admirality brass, and aluminum brass in the form of seamless solid drawn tubes, rods, bus bars, and wires. The company offers its products for power generation, switchgear, motors, refrigeration, heat exchanger, automobile, and electrical equipment industries. So tt basically sells copper and copper alloy products, which have shown impressive growth in the last decade.Company will tend to gain in case the prices of aluminum is more than the copper prices, as the equipment makers shift the base from aluminum binding to copper binding because of low prices. As more and more mines of copper are coming into operation, the price of Copper has already started coming down. On the other hand because of no new mine of aluminum coming into operation and with a steady demand, the aluminum prices are expected to rule higher in the next year also.If rumuors are to be beleived the company is set to double its profits in the next few years.Going forward punters expect a price of Rs.20-25.

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Posted by Arun Mukherjee at 6:10 AM

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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.
 
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