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

Tuesday, December 20, 2011

Jindal Steel & Power Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Jindal Steel & Power Ltd
cmp:480
Code:532286

Story:The OP Jindal group metal firm Jindal Steel & Power (JSPL) has shot up 900% to Rs 480 in the past five years. Investors fancy for the counter was due to the company’s ability to post high profit on small equity base, boosting return on capital employed and return on net worth. The stock underwent profit booking in the past year after four years of unabated surge, which propelled it to a record high of Rs 778 on 21 October 2009.Booming financial performance on rapidly expanding capacity resulted in a highly liberal 5:1 bonus in September 2009. Post-bonus, equity swelled to Rs 93.45 crore, with promoters owning 58.4% end June 2011. Foreign and institutions held 23.03% and 6.53%. Thus, public holding is a low of 12.04%.Though JSPL’s dividend payout has increased steadily over the years, the soaring stock has weighed on the dividend yield. In January 2008, it resorted to a 5-for-1 stock-split to boost liquidity.JSPL is India’s largest sponge iron steel producer with a significant presence in sectors like mining, power generation and infrastructure. The current market price of Rs 480 discounts the TTM consolidated EPS of Rs 40.30 by a P/E multiple of 12. Consolidated net profit rose at CAGR of 45.14% and net sales 38.27% in the past five years to FY 2011. Profitability growth and expansion plans along with global product demand and prices will determine the share price direction going ahead. JSPL, too, has been named as a beneficiary of illegal mining of iron ore at Bellary by the Karnataka Lokayukta.

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