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

Thursday, January 19, 2012

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

Scripscan:Tata Power Company Ltd
cmp:103
Code:500400

Story:Tata Power's stock price has corrected by 30%+ over past 6 months, given concerns surrounding losses at Mundra UMPP, delayed commissioning at Maithon, lower possible production ramp-up at KPC/Arutmin mines, etc. TPWR is relatively better placed amongst the other IPPs given large part of power business on regulated business, integrated investment providing cushion for UMPP, etc.We believe that most negatives are getting factored in the valuations, and upside possibilities could be 1) savings in fuel cost at Mundra UMPP due to blending of low GCV coal (~20% of fuel cost), 2) tax efficient structure for Mining HOLDCO/UMPP, 3) possible upwards revision for UMPP tariff and 4) reversal of impairment provision given softening coal prices. TPWR provided for MTM losses of INR7.4b in 2QFY12, but it is comfortably positioned as while translational gains from higher earnings at KPC / Arutmin mines can be retained; the increased costs are a pass through by way of higher tariffs in Mundra UMPP.We have cut our FY12/13 earnings by 8% / 3% to factor in lower production from KPC/Artumin mines (73m ton in FY14, vs 83 m tons), lower contribution from Maithon project (Unit 2 CoD in Sep 2012), lower merchant contribution (100MW Trombay transferred on regulated basis), and tax on dividend received from mining HOLDCO to meet cash flow commitments at UMPP (while dividend gets eliminated in consolidation, tax remains). We now expect TPWR to report consolidated EPS of INR8/sh for FY12E (up 8% YoY) and INR9/sh for FY13E (up 13.4% YoY). SOTP based TP stands at INR91/sh.
Source:MOSL

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