Get Magazines for free

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

Wednesday, December 21, 2011

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

Scripscan:Thermax Ltd
cmp:390
Code:500411

Story:The stock of Thermax has been beaten down over the last two quarters on account of a dip in its order intake and shrinking profit margins. However, the company's strategy appears optimal given the uncertain external environment.For one, fresh investments in the top sectors from which Thermax bags orders – power, cement and ferrous metals – has been coming in trickles. The company also saw a significant decline in engineering procurement and construction projects that dominated the order book a year ago.With orders drying up in some of the key sectors, Thermax strategically sought more opportunities in the less affected oil and gas sector, pushing up this segment's share to a third of its order book of Rs 5,770 crore.Two, it did not lose sight of smaller opportunities coming from sectors such as food processing, chemicals and sewerage waste projects. All these helped add to the order pile. Order inflow for the September quarter was Rs 1,200 crore, 10 per cent lower than a year ago.The company's current strategy is likely to keep order accretion going for a couple of quarters. An improvement in cement capex (what with prices firming up) and investments in ferrous metals, once mining and mineral policies become clear, may be triggers for order flows post FY-12.The company's current order book at 1.2 times FY-11 sales may seem low. It is, however, noteworthy that its order book is more tilted towards short-cycle products compared with a year ago.Hence, order-to-revenue conversion can be expected to be faster, which means order book-to-sales ratio need not be high.Investors with a 2-3 year perspective can consider exposure to the stock of power and industrial solutions provider Thermax.With its strong return ratios, low debt, steady execution of projects and ability to keep up order flows, Thermax is well-poised to benefit from any cyclical revival in industrial capex.

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