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

Friday, January 27, 2012

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

Calls review:Uttam Galva Steel Ltd
Suggested buy price:29(6.4.2009)
Present price:74

2)Scripscan:Uttam Galva Steel Ltd
Traded in:Nse-bse

Story:Uttam Galva Steel is one of the bigger independent steel processors in India.It produces value-added products from HRC, viz CR steel, galvanised steel and colour-coated sheets.The domestic demand for such value-added products is quite strong and the company plans to cater more to the domestic market. Unless there is a huge price volatility in HRC/zinc prices, mostly the processor’s margins are fixed and the company continues to earn good margins.But due to volatility in inputs like zinc, margins could suffer in the short term. For FY09-10,the growth in topline and bottomline could be high as margins are likely to remain stable.A good steel stock to own at dips.

Present update:Uttam Galva Steel presently is 35 per cent owned by Arcelor Mittal Group and is looking to grow the profitability of the company over the next quarter.The current operating profit margin (operating profit as a percentage of sales) is around 10 per cent. The company is planning to focus on cutting costs and improving the product mix.Raw material prices have come down and the company is not planning to increase value added steel product prices.Even if the company is able maintain prices at current levels, it will have a positive impact on profits.The company makes galvanised steel used in construction and automobile industry.There is little growth in demand for steel products at this juncture. There is a contraction in the apparent steel demand that industry estimates.This has pushed steel producers to cut production and reduce inventory.The company expects the next quarter to be better than the December 2011 quarter.Press reports few days ago said that the company was looking to acquire Global Steel Philippines, a distressed company. To which the management clarified that there is no interest in that business and Uttam Galva did not see any raw material or geography synergy.The company already provided 250% gain and looks good for more.Hold on.

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