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).

Archives : Old artciles

Monday, December 5, 2011

Morganite Crucible (India) Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Morganite Crucible (India) Ltd

Story:MCIL (earlier known as Greaves Morganite) started operating in 1986 at Aurangabad, Maharashtra, in collaboration with Morganite Crucibles, U.K., one of the largest manufacturers of Resin Bonded Silicon Carbide Crucibles in the world. The plant at Aurangabad is equipped with the most modern processing facilities and state-of-the-art technology based on environment friendly resin bonding. With international quality standards the plant also has an ISO 9002 certification to its credit. Exports comprise over 60% of sales.MCIL, which manufactures resin-bonded silicon carbide crucibles and clay graphite crucibles, caters to the non-ferrous metal industry. The name of the company was changed to the present one upon buying Greaves’ stake of 25.5% in FY05-06. Morgnaite Crucibles, UK (MCL, UK) along with its associates Morgan Terrassen BV holds 75% stake in the company. Diamond Crucible Co India located at Mehsana, Gujarat is its 51% subsidiary. MCIL has full access to information on the global developments in the areas of Silicon Carbide and Clay Graphite Crucibles through Morgan's global presence and also has access to all the research and technology developments undertaken by MCIL in this regard. This gives edge on MCIL’s competitors in India. With the growth in the automobile sector, the requirements of Crucibles are expected to grow and this will be a good opportunity to accelerate MCIL’s growth. The overall sectorial portfolio is very balanced.Looking ahead, the business is expected to see improved demand conditions driven by increased growth in the metal and auto parts Industry.MCIL’s’s key growth opportunities are driven by multiple end-use markets. These include non-ferrous castings for the automotive, marine and rail markets and the recycling and refining of precious metals from mining projects, the production of pure aluminium for electronics applications. MCL, UK’s Morgan Engineered Materials division benefits from a strategically located low-cost manufacturing base, with sites in Mexico, China, Hungary and India that allow the division to serve customers across the globe. The parent’s strategy is explicitly focused on leveraging the significant growth opportunities in the most dynamic economies of the world such as China, India, South America and the Middle East as they rapidly develop their own capabilities and domestic markets.MCIL is expected to post consolidated EPS of Rs 33.9 in FY12. At the CMP of Rs 315, the share is trading at a P/E of 9.3.

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: 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.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner