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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.

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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.

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Monday, January 23, 2012

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

Scripscan:Steelcast Ltd
cmp:120
Code:513517

Story:Steelcast Limited engages in casting business in India. The company’s products include carbon steel, low alloy steel, high alloy steel, hadfield manganese steel, and other grades of wear and abrasion resistant steel castings. It primarily serves the earthmoving equipment manufacturers, heavy electrical equipment manufacturers, mining companies, mineral processing equipment manufacturers, OFE valve manufacturers, and general engineering equipment manufacturers, as well as end users comprising cement plants, mining and mineral processing units, thermal power plants, and steel plants. The company also exports its products.Results should be good in the coming quarters.Valuation wise too its quoting at single digit multiple its forward earnings.Investors having it should hold on to the counter.
Btw:Paid members have got the full coverage of it.

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Posted by Arun Mukherjee at 6:36 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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