Arun the Stock Guru -Stock tips,Free Trading Tips,Bse multibagger calls,Buy/sell stock analysis

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

2012-01-28T07:54:00.000-08:00

Scripscan:Ram Ratna Wires Ltd
cmp:34
Code:522281

Story:Ram Ratna Wires Limited engages in the manufacture and sale of winding wires and strips primarily in India. Its products include enameled aluminum winding wire, enameled copper strips, enameled copper winding wire, submersible winding wire, paper insulated wires and strips, fiber glass covered strips, and enameled fiber glass covered wires and strips. These products are used in various applications in electrical, electro-mechanical, and electronic and telecommunication equipments, as well as in UPS and relay coils.Financial Year 2010-11 was an okay year for the Company. In spite of adverse market conditions and wide fluctuations in LME rates of copper,Company put in all efforts on sale of value added products and effective cost reduction measures.Company achieved a production of 10,189 MTs insulated material altogether (ECW, ECS, SWW) through improvement in operational efficiencies.During the Financial Year 2010-11,Company posted gross Income of 49,941.54 Lacs, as against 40,567.79 Lacs in the previous year, higher by 23.11 % mainly on account of higher LME prices of copper and registered a net profit after tax of 947.14 Lacs which is lower by 19.09 % over the previous year’s net profit of 1,170.69 Lacs mainly on account of adverse market conditions.This kinda companies operates with very tiny margins of 1-2%.Business model on a whole is boring with no entry barriers.It paid a dividend of 1 re this year.Exit the counter on rallies.

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

2012-01-28T00:20:00.000-08:00

Calls review:Gateway Distriparks Ltd
Suggested buy price:58(6.4.2009)
Present price:132
Returns:220%
Link:http://www.arunthestocksguru.com/2009/04/gateway-distriparks-ltd-outlook-and.html

Story:Scripscan:Gateway Distriparks Ltd
cmp:58
Traded in:Nse-bse

Story:Gateway Distriparks (GDL) is the largest private sector logistics service provider in the container freight station (CFS/ICD) business with a market share of 18%. With India’s containerised traffic set to double to 10 million TEU over the next five years, GDL is well-positioned to capitalise on the same.Unbridled competition in the traditional CFS business has led to a price war, which is most likely to play out for a few more quarters. Hence, margins may remain range-bound at 50%.GDL is in the right business at the right time. While opportunities are compelling, the near-term prospect for GDL is lukewarm. Hence, GDL is an investment proposition only for the long term.Valuation wise too it doesnt look amazingly attractive.Good defensive bet meant for hard-core long term investors.TRaders and short term greedy guys be better off in good high beta scrips.

Present update:Higher realisations from container freight stations (CFS) business and increasing share of high margin EXIM in rail volumes helped Gateway Distriparks to maintain its growth momentum in the September 2011 quarter. As revenues from the existing CFS are likely to remain flat in the near term, rail business would be the key growth driver for the company.The CFS segment continued to be the main contributor in profits for the company in the September 2011 quarter. It contributed 82% to the company's net profits, while rail freight and cold chain segment contributed 15% and 2% respectively.Despite a muted growth in volumes, higher realisations led to jump in revenues by 47% Y-o-Y in the CFS segment. Realisations increased primarily on account of increase in value-added services like warehousing. Volumes in the next halfyear are unlikely to increase since capacity utilisation is around 80 to 90% at its various CFSs. The company's CFS at Kochi is expected to commence operations by the end of this financial year.However, volumes at Kochi CFS are unlikely to improve in near future due to the shortage of Indian flagged vessels necessary to move cargo between coastal ports as required under Indian Cabotage Law.As a result, foreign large vessels currently prefer Colombo for transhipment to send goods to smaller Indian ports. The company is also in process of acquiring land for its new CFS at Chennai. The company expects this CFS to be operational by next eighteen months.In the rail segment, rise in volumes and higher contribution from the EXIM space increased company's net profit by Rs 5.1 crore in September 2011 quarter. The rail business had turned profitable in the third quarter of last financial year. The share of EXIM segment was 76% to the total volumes, which the company intends to increase to 80% in future.In coming months, rail volumes are set to rise as the Inland Container Depot at Faridabad commences operations next quarter. The company plans to ramp up its cold chain operations by doubling its capacity to 37,000 pallets by end FY12. This, however, will continue to remain the smallest segment for the company.Hold on to the company.

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

2012-01-27T23:28:00.000-08:00

Calls review:Uttam Galva Steel Ltd
Suggested buy price:29(6.4.2009)
Present price:74
Returns:250%
Link:http://www.arunthestocksguru.com/2009/04/gateway-distriparks-ltd-outlook-and.html

2)Scripscan:Uttam Galva Steel Ltd
cmp:29
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.

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

2012-01-27T23:20:00.000-08:00

Calls review:APL Apollo Tubes Ltd
Suggested buy price:38(6.4.2009)
Present price:157
Returns:415%
Link:http://www.arunthestocksguru.com/2009/04/gateway-distriparks-ltd-outlook-and.html

Story:Scripscan:Bihar Tubes Ltd(APL Apollo Tubes Ltd)
cmp:38
Code:590059

Story:Bihar Tubes is a leading manufacturer of galvanised steel tubes, structural pipes, black pipes and pre-galvanised pipes. The company operates in a steel tubes industry which is likely to grow 30-35% in the coming years due to the government’s thrust on infrastructure development.The company has been looking to cash in on this opportunity and is expanding its production facilities to a significant extent. Bihar Tubes has been making structural shifts in the production of pipes and is diversifying into specialty pipes manufacturing.The structural shift in products by entering into specialty products will allow the company to increase its operating profit margins to rise in the coming years.Its quoting at an attractive valuations and investors would do well to hold the counter as of now.

Present update:APL Apollo Tubes Ltd is the new name of Bihar tubes.As can be seen under the immense tough condition in stock market the company has provided an amazing 415% returns.Financially too numbers are getting just better and better.Ride the momentum and hold on for more future gains.

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

2012-01-24T08:24:00.000-08:00

Scripscan:Zuari Industries Ltd
cmp:430
Code:500780

Story:Recently, Zuari, in joint venture with Mitsubishi Corporation, acquired a 30% stake in Peruvian mine Fospac for 230 crore for assured supply of phosphate rock- the main feedstock for di-ammonium phosphate (DAP). Fospac?s annual rock phosphate production is expected to reach 2.5 million tonne by 2015, half of which will come to Zuari. The company plans to set up a 1 million tonne DAP plant at Karwar in Karnataka with a capex of 750 crore.In mid August 2011 the company finalised a contract to source potash feed, which will help the company grow its revenue and profit.Recently, Zuari also signed a gas-supply agreement with GAIL for 0.4 million tonnes urea plant at Zuarinagar. With fuel supply expected to start from January 2012, the company?s annual urea production capacity will grow 10% to 441000 tonnes. This is likely to attract an additional margin of 3,000 a tonne, which means an additional profit of 12.6 crore.The company also has plans to set up 1.3 million tonne gasbased urea plant at Belgaum in Karnataka at a cost of 5,000 crore by 2015-16. The Dabhol-Bangalore gas pipeline project may supply the project with natural gasDuring the first half of FY12, Zuari's performance was impacted by a 63-day long disruption in urea production and a 20-day break in phosphatic and potassic fertiliser production during the September 2011 quarter following a fire accident.These led to a 15% fall in the total sales volume of the company to 0.94 million tonnes compared with a year-ago period. Consequently, Zuari?s top-line also fell 1.2% to 2,995 crore on a standalone basis and bottomline dropped 27% to 80 crore. Operating profit margins were down 130 basis points to 3.3%. Zuari could complete only 40% of its annual target of 0.4 million tonne of urea production during the first half due to plant shutdown. The company expects to make up for the shortfall in the remaining two quarters. Also, as on September 30, 2011, the company had a builtup inventory of over 1,300 crore which is expected to liquidate with the resumption of operation at the plants.At the current market price of 430, the stock trades at nearly nine times its earnings for the trailing 12 months. Industry rivals such as Coromandel International and Gujarat State Fertilizes Corporation are currentlytrading at 11 and 4.1, respectively.

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

2012-01-24T08:17:00.000-08:00

Scripscan:Kilburn Office Automation Ltd
cmp:6
Code:523218

Story:The Company is engaged in Sales & Marketing of diverse range of Office Automation Products. The Company also provides after Sales Service support.It operates in three Principal Product segments viz. Document Management Products / Solutions, Mailing Products & Banking Products. The range of products, under each of these Product Groups are constantly reviewed and undergo change depending on market needs. However, though there is restructuring of Products within the Group to target market needs, it is observed that the Industry growth in the recent past has been around 15 – 20% per annum due to impact of global recession and other conditions.However,due to various initiatives taken by the Government, as also the rapid technological strides made in the area of IT & Communications,there is sufficient potential for growth for the Company’s Products.The major advantage of the Company is its excellent tie – ups on all Product segments. All its Principals are specialized global leaders with niche product range.Further more, all the Principals have Indian operations by way of direct presence in India and work in close conjunction with the Company. This helps to identify market opportunities
faster and target such markets aggressively in close time frames. The Company in recent past has launched an array of advanced Products like RFMS Digital Franking Machines, Note Banding Machines etc.The company reported sales of 55crs and profit of only 56 lakhs for fy11.This year management expects better outcome as far the PAT numbers are concerned.Future quarter performance would dictate its price trend in the bourses.

Universal Starch Chem Allied Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-24T08:09:00.000-08:00

Scripscan:Universal Starch Chem Allied Ltd
cmp:17
Code:524408

Story:Universal Starch-Chem Allied Limited engages in the manufacture and sale of starches and their derivatives, and liquid glucose and other by-products primarily in India. The company’s products include maize starch powder; unigel, a pregelatinised starch; liquid glucose, utexlose, a thin boiling starch; white dextrin, a hydrolyzed starch; unisol, an oxidized starch; dextrose monohydrates; dextrose anhydrous; dextrose syrups; maltose corn syrups; caramel, a food color; maize germs; maize germ oil cakes; maize gluten, a high protein substance; maize refined oils; oxidized starches; cationic starches; esterified starches; and amphoteric starches. Its products are primarily used in food, paper, textile, pharmaceutical, and confectionary industries. The company also involves in wind power generation.Starch Industry has a very bright future and with national G.D.P. rising it offers an immense opportunity for development in its application in various user industry.The company has returned to black in fy11 and has reported a profit of 2crs vs a mere 25 lakh in fy10.Revenues too increased to 128crs in fy11 vs only 90crs in fy10.Company is further expected to perform well in the coming quarters.Keep the stock in your radar folks.

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

2012-01-24T08:04:00.000-08:00

Scripscan:Samrat Pharmachem Ltd
cmp:40
Code:530125

Story:At the start I would like to insist that I am neither recommending a buy nor sell for this microcap, nor am I invested in it as yet. I would briefly mention this commodity stock for your later research.Fortunes turn about-face as the change of weather on shore side with commodities. I have never believed in any metal including Gold, its utility to me is only in times of war, to carry something precious in pockets when a country is ravaged. Despite out performance of this metal in past decade the odds are completely stacked against this non-thinking, nor productive asset, last two hundred year of results stand up for even TIPS and vouch the superiority of equities.A commodity nevertheless, backed by able men has distinct advantage over bare metal. Hence the openness to invest in commodity miners and manufacturers. A microcap such as this, or Sandur Manganese, SELAN etc are infinitely superior investments to investing in rarest of rarest metals like Platinum, Rhodium etc. I firmly believe there will be no money left to make in coming decades in any commodity, only technology will be the saviour. Majority of resources including metals, iron, crude oil etc. will all be over in any case by the end of the century at humble 1-2% growth rate assumption. Iodine is a 15,000 tonne industry globally out of which 2.5 - 3% of Global output is contributed by Samrat Pharmachem. Recent out performance is a consequence of global turnaround. Other players that produce Iodine and its derivatives in India are:G. Amphray Laboratories, Calibre Chemicals Pvt Limited, Salvi Chemical Industries,Vishal Laboratories, Champa Purie-Chem Industries, Shree Bhavani Iodates, Adani Pharmachem Pvt Limited, Canton Laboratories Pvt Limited, Micron Laboratories,Prachi Pharmaceuticals Pvt Limited, Omkar Speciality Chemicals Pvt Limited, Samrat Remedies Limited, Triveni Chemicals and IRIS Pharmachem - quite a few one would say.Global Leaders in this domain include: Ajay-SQM,Deepwater Chemical Inc,IodiTech,Troy Corporation,Cosayach - Chile,Atacama - Chile,Ise Chemicals - Japan.Godo Shigen Sangyo - Japan.World reserves exceed 15 million tonnes, i.e 1000 years worth of supply, hence there is no shortfall. In addition to above reserves, Iodine can be extracted from sea weeds which contain 0.05 PPM or at current sea weed stockpile 34 million tonnes. Recent demand of Iodine was propelled by LCD display and X-Ray contrast media. Like any cyclical stock, this will reward or misbehave with your money, hinges on how correctly cycle is timed.
Source:Amit arora

T. Spiritual World Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-23T08:04:00.000-08:00

Scripscan:T.Spiritual World Ltd
cmp:2
Code:532444

Story:T. Spiritual World Ltd. provides wellness products and services to individual and corporate customers primarily in India. Its wellness products include astrology products, such as yantras, gemstones, rudraksh, and horoscopes; aromatherapy candles; acupressure instruments; yoga accessories; books, CDs, and audio cassettes; and feng shui items, as well as health and fitness products consisting of yoga mats and kits. The company’s wellness services comprise yoga sessions for individuals, groups, and corporate customers; acupressure and sujok treatments; stress management for corporate customers; astrology and vaastu consultations; health, diet, and lifestyle counseling; naturopathy prescriptions; and health and wellness camps. It also provides software development and Web designing services, including IT and computer training, Internet and Web development, and software development. In addition, T. Spiritual World operates a wellness centre, which comprises yoga studio, wellness store, and therapy clinic. The company was formerly known as Shree Shubhlabh Infoline.Com Ltd. and changed its name to T. Spiritual World Ltd. in November 2002.While chatting with the management concerned this is what the quintessence came.Company has successfully executed orders and foresees a large business opportunity in the area of Managed Services.With skilled manpower,years of experience, database and applications, the company is now offering its Managed Services to medium and large organisations.The company has already diversified into the spirituality sector and intends to set-up various business divisions. But,looking at the current economic scenario of the country, the company intends to go slow in setting up its various divisions. Wellness is a capital intensive business.Overall future of wellness sector shall remain positive but with certain restrictions."Spirituality sector"-Never knew before such a 'sector' exist at all in our country.To me its a total hodgepodge directionless company with no prospects at all.So move on to better ones.

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

2012-01-23T07:03:00.000-08:00

Scripscan:Bajaj Steel Industries Ltd
cmp:90
Code:507944

Story:During the year under review,the turnover of the Company has been marginally decreased from Rs 228.22 Crores in 2009-10 to Rs 223.68 Crores in 2010 -2011 representing a fall of 2.00.%, this was due to uncertainty about cotton crop in the country. The profitability of the Company has also been affected as the profit of the Company has decreased from Rs 10.24 crores in 2009 -10 to Rs. 0.46 Crore in 2010-11.The Company's performance was affected as the Company has introduced new products in the market.The outcome of these products has started receiving some response during the Financial Year 2010 -11 and its full fledge effect is expected in next few years.Primarily, the Company is consisting two Divisions viz Steel Division and Superpack (Plastic) Division. Steel Division of the Company is having distinguished manufacturing facilities in India for Cotton Ginning & Pressing Plants located at Imambada Road and C-108, Hingana Industrial Area,Hingna,Nagpur.Recently the Company had acquired land in G-108 Butibori Industrial Estate, Nagpur (MH)where the construction of building work had been completed substantially and is expected to start the production at the earliest.Its a pretty tiny company with 2crs equity.Hopefully with the expected good numbers in coming years,the counter would be able to settle at higher price in the bourses.

Action Financial Services (I) Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-23T06:55:00.000-08:00

Scripscan:Action Financial Services (I) Ltd
cmp:38
Code:511706

Story:Action Financial Services (India) Limited engages in the capital market related activities in India. The company offers currency, derivatives, and retail and institutional equity broking services to clients for investment in primary markets through mutual funds and IPOs through its Website.It also provides depository participant services.Company marketcap is 40crs and indulges in a business where their is cut throat competition and nearly nil profit margin.This company with 25 employees hardly generates any profits or revenues to talk about.40crs marketcap under the present environment is just too mind boggling for a company with nothing.Sell at the earliest and move on to a better sector.

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

2012-01-23T06:44:00.000-08:00

Scripscan:Accel Transmatic Ltd
cmp:12
Code:517494

Story:Accel Transmatic Limited provides offshore services in product development, embedded systems, and application software development in India. Its Technologies division provides software development services for various engineering applications, such as embedded and real time systems, multimedia communications, networking, image processing, process and factory automation, and migration and re-engineering. The company’s Systems division designs, manufactures, and markets payment collection terminals, point of sale systems, multi function kiosks, automated payment collection machines, and power control systems to the banks and utilities industries. This division also undertakes contract manufacturing and assembling of electronic products for OEM’s. Its Training division operates as a training institution that offers training in computer system maintenance, computer networks, system administration, embedded systems, and VLSI design technology. In addition, the company operates 3D animation/VFX studios, which specializes in 3D animation content development and visual effects. It also operates in the United States, Japan, Europe, the Middle East, and Africa. The company was formerly known as Transmatic Systems Ltd and changed its name to Accel Transmatic Limited in January 2004 as a result of its merger with Ushus Technologies Pvt Ltd.I interacted with the management last on september 2010 where they guided me,"This FY11 we are not expecting much of a revenue maybe USD 3 million or about Rs 14-15 crore of revenue will only come from our animation business.Animation is one of the divisions of Accel Transmatics. We have another division called Ushus Technologies which is an embedded software unit. Next year fy12-13, we will see our revenue going to USD 5-6 million, now that we have a predictable revenue stream, which we can see for the next three years".They surpassed their guidance in fy11 and seems to be well on course to achieve fy12 guidance.The company is also expected to return on black in the present fiscal.So at 12 one has little to loose.Hold on to the counter.

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

2012-01-23T06:36:00.000-08:00

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.

Paid service for positional calls(only in small and midcaps)

2012-01-20T08:17:00.001-08:00

People looking for positional call professional service may rush a mail at my mail id
arunsharemarket@gmail.com to know more about it.

btw:After thorough meticulous research only the paid calls are been provided to the members.The open site(http://www.arunthestocksguru.com/) is meant to provide outlook and not recommendations.Paid site is meant for recommendations with target/duration/complete story and updates.Scrips where am most bullish would be posted on the paid site.

Regards,
ARUN

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

2012-01-20T07:59:00.000-08:00

Scripscan:Kalpena Industries Ltd
cmp:60
Code:526409

Story:The fiscal year 2010-11 was a much competitive year for Plastic Industry when there were frequent fluctuations in the prices of raw materials with overall rise in the price trends. The products of Kalpena Industries Limited find application mainly in cable industries, packaging industries and footwear Industries. These industries had done fairly well in 2010-2011 and, consequently, it positively impacted the top line of the company. However, the current year seem to be challenging for the company, mainly due to high inflation and series of interest rates hike. Moreover, the question of price stability in polymer market across India is uncertain.Company continues to move forward on its vision of the leading manufacturer of Polymer compounds in India.Last year, Bavaria Poly Private Limited engaged in the business of manufacturing and dealing in plastic Agglomerates and Granules (i.e. recycling of plastic scraps into agglomerates and granules for which the company is having a specific license issued by Development Commissioner, Falta Special Economic Zone), was merged into the company.In a drive towards the strategic expansions,the company has setup a manufacturing unit at Dullagarh, Satragachhi, West Bengal.It offers a range of products to domestic and industrial users. In the years to come, it will come up with more and more range of new products to satisfy the needs of the Customers.Kalpena Industries Limited is confident of accomplishing volume growth and, consequently, the increasing in market share in very near future.It being the only local player for Medium Voltage cables, enjoys possibility of achievinghigher volumes and margins. Also,the company has more expansion Projects in pipe line for catering to the untapped regions to enlarge geographic footprint in various parts of the country.Kalpena has one of the strongest operating matrix in the Plastics Industry in India.With its cost competitiveness, quality products, a robust marketing distribution system and extensive network, it has reinforced its formidable brand position amongst wide ranging and far flung customer base.Its a decent company with a good business but input cost problem and high interest rate remains a big issue.It closed fy11 with sales of 847crs and PAT of 19crs giving it an EPS of 11.7rs.Thus at present prices it trades around 5 PE its trailing earnings.The company always rewarded shareholders with a dividend of 2.2rs.

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

2012-01-20T06:04:00.000-08:00

Scripscan:National Fertilizer Ltd
cmp:76
Code:523630

Story:In fy11 the company achieved turnover of 5791 crore (previous year 5091 crore).The profit before tax was ` 203.92 crore (previous year ` 259.95 crore) and profit after tax was ` 138.50 crore (previous year 171.51 crore).The decrease in profit over previous year is mainly due to higher receipt of subsidy arrears during the previous year and decrease in interest income. This has been off set by higher production, lower energy consumption,st and higher sale of Industrial Products. The total borrowings of the company as at 31 March, 2011, stood at ` 613.06 st crore (` 403.16 crore as at 31 March, 2010). The borrowings include long term loan of ` 150 crore to finance the under implementation capital scheme of change over of feed stock from Fuel-oil to Natural Gas at Nangal, Bathinda and Panipat and buyers credit of ` 41.22 crore for Urea capacity enhancement projects at Vijaipur.The company also paid a dividend of 85 paisa.This kinda psu companies would only roar once the disinvest program kicks in.Till that happen the company would remain a market performer.

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

2012-01-20T05:56:00.000-08:00

Scripscan:Neogem India Ltd
cmp:24
Code:526195

Story:Neogem India Limited engages in the manufacture and sale of plain gold, studded gold, and diamond studded jewelry in India and internationally. Its products portfolio includes rings, pendants, earrings, bridal jewelry, colored stones, and ensembles. The company exports its products to the United States, the United Arab Emirates, Hong Kong, and Europe.Lethargic management,boring business model coupled with inconsistent numbers makes me wary about the company.Sell at rallies and move on to better bets.

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

2012-01-20T05:47:00.000-08:00

Scripscan:Neo Corp International Ltd
cmp:37
Code:523820

Story:Neo Corp International Limited (NCIL) an Indore based company is engaged in manufacture of technical textiles. The Company provides services in three sectors, which include Packtech, Geotech and Agrotech. Its range of Packtech products provides solutions for storage carriage and protection requirements of industrial, agricultural and other goods.It ranges from relatively heavyweight woven fabrics used for bags, sacks and carpets to lightweight woven used as leno bags and other food and industrial product wrappings. Its technical textiles are used for packaging, apparel, home textiles and automotive manufacturing. The sector sports equipments, industrial end-use, as well as medical and sanitary consumables. Applications for technical textiles in the Agrotech sector include activities concerned with growing and harvesting of crops and animals. It has Geotextiles having a range of end uses in pavements and roads; coastal engineering/defense; landfill, and industrial and contaminated land reclamation.During the last 6 fiscal years, Total Revenues and Net Profits grew at a CAGR of 28.44 and 116.68 per cent respectively.For the unaudited full year, net profit rose 34.71% to Rs. 12.42 crore in the year ended March 2011 as against Rs. 9.22 crore during the previous year ended March 2010. Sales rose 33.09% to Rs. 229.93 crore in the year ended March 2011 as against Rs. 172.76 crore during the previous year ended March 2010.The company’s profits margins hover around 5 to 6.5 per cent, its ROE and ROCE is 19 and 17 per cent. Neo’s Debt Equity ratio is on the higher side at 1.46.Prospects are bright so one should hold on to the counter.
Source:HBJ

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

2012-01-19T08:13:00.000-08:00

Scripscan:Malu Paper Mills Ltd
cmp:12
Code:516030

Story:Malu Paper Mills Limited manufactures and sells paper and newsprint in India. It manufactures machine glazed kraft paper that is used by corrugators for making corrugated boxes. The company also offers newsprints for newspaper publishers, as well as for publishing telephone directories and lotteries. In addition, it has interests in coal and lignite trading; manufacturing and trading MS electrodes; manganese processing and exporting; and manufacturing and trading MS ingots and castings. The company was formerly known as Malu Solvex Limited and changed its name to Malu Paper Mills Limited in April 1998.The company achieved 173crs of sales with a loss of 3crs in fy11.Equity stands at 17cr thereby providing a negative EPS of 1.6rs.At 12rs its quoting at 5 times its expected fy14 earnings which is still expensive when we compare the valuations with bigger and better players.Paper sector is a pretty boring sector to be in.One shouldn't expect sectorial deals like that of AP paper to happen daily.That was once in a blue moon stuff.Thus exit malu papers at higher levels and move on to something better.

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

2012-01-19T07:45:00.000-08:00

Scripscan:Transwarranty Finance Ltd
cmp:11
Code:532812

Story:Transwarranty Finance Limited provides various financial services in India. Its investment banking services comprise mergers and acquisitions, venture capital and private equity, capital infusion from financial/strategic investors, foreign capital rising through FCCB/ADR/GDR/AIM listing, joint ventures, entry strategies for foreign companies, corporate advisory services, and business re-structuring services. The company’s corporate finance services include structured finance, rupee term and foreign currency loans, working capital bank limits, asset financing, acquisition finance, stressed assets finance, and debt re-structuring; and project finance services consist of financial structuring, project report and financial feasibility study, and raising project equity and loans. It also provides financial advisory services to raise project funding and equity, private equity, and debt in the real estate and infrastructure development sector and enters into joint development/outright sale transactions. In addition, the company offers trade finance services, including letter of credit bills discounting, inter corporate deposits, unsecured working capital loans, and import and export finance. Further, it provides merchant banking, institutional broking, arbitrage between cash and derivatives market, depository services on the Central Depository Services Limited, and wealth management services, as well as operates as a corporate agent/distributor for various mutual funds. Additionally, the company offers broking services, including inter bank foreign exchange broking, foreign exchange advisory, and foreign currency exchange services; and retail share and commodities broking, and mutual funds investment advisory services. It serves large and mid cap companies, banks and financial institutions, mutual funds, asset management companies, and retail clients.It's not in the right space, it's interest rate sensitive, it's an NBFC. So in any case the market doesn't like rates sensitives right now.Even the valuations are not great.The book value is something like Rs 20 odd, so it's trading at half of book.Even at these valuations you can buy good quality pedigree banks for that price.Also it's bit of a hotchpotch because it does a bit of NBFC, little bit of BPO, very small scale of operation, so not very clear focused for the management as well.Better exit at rallies.

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

2012-01-19T07:27:00.000-08:00

Scripscan:Chromatic India Ltd
cmp:73
Code:530191

Story:Chromatic India Limited engages in the manufacture and trading of S.O. dyes and chemicals in India and internationally. Its products include cyanuric chloride, double anchor type, and vinyl sulphone based products.Chromatic India Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2011. For the quarter, total income was INR 419.6 million, profit from operations before other income, interest and exceptional expenditure was INR 2 million, profit from ordinary activities before tax was INR 160.1 million and net profit for the period was INR 160.16 million or earnings per basic and diluted share of INR 2.25 against total income of INR 151.93 million, profit from operations before other income, interest and exceptional expenditure of INR 3.64 million, profit from ordinary activities before tax of INR 7.97 million and net profit for the period of INR 7.97 million or earnings per diluted share of INR 0.71 for the same period a year ago. For the six months, total income was INR 742.4 million, profit from operations before other income, interest and exceptional expenditure was INR 7.9 million, profit from ordinary activities before tax was INR 163.91 million and net profit for the period was INR 163.91 million or earnings per basic and diluted share of INR 2.31 against total income of INR 193.6 million, loss from operations before other income, interest and exceptional expenditure of INR 5.35 million, profit from ordinary activities before tax of INR 4.93 million and net profit for the period of INR 4.93 million or earnings per diluted share of INR 0.44 for the same period a year ago.At over 500crs market am not gonna suggest to buy this crap.Rather dispose it off at rallies.

Deepak Fertilizers &Petrochemicals Corp Ltd:-Buy/sell/growth prospects and recommendation,news and result,target and analysis,view,outlook,multibagger

2012-01-19T05:41:00.000-08:00

Scripscan:Deepak Fertilizers & Petrochemicals Corp Ltd
cmp:130
Code:500645

Story:Deepak Fertilizers and Petrochemicals, ammonium Nitrate demand is witnessing sluggish growth due to lull in mining activities. However company is gaining market share by replacing imports. Recent media reports suggest Deepak is likely to be stopped supply of 0.18mmscmd gas from Reliance KG-D6 basin. However, management believes it is highly unlikely. Company may witness margin pressure due to recent currency depreciation since most of its raw materials are IPP linked. Our estimates already factors such margin pressure.Recent media reports suggest that EGOM will soon decide on a proposal from the petroleum ministry on a cut in the supply of 0.178 mmscmd of KG D-6 gas to Deepak Fertilizers. Deepak's total requirement of gas is 0.68 mmscmd with 0.15mmscmd of gas being sourced from Reliance's KGD-6 basin. However, management indicated that this is highly unlikely given that fertilizer sector has been accorded priority status. However, disrupted gas supply may induce company to increase imports and lead to increase in the costs of complex fertilizers and would put pressure on margins if company is unable to pass them on to the farmers. However, since fertilizer contributes less than 20% to bottomline, impact is likely to be limited.Company enjoys well diversified product portfolio which help the company to reduce single product risk. We have seen company has been able to protect its margins in chemical segment at 25% during challenging period of FY08 on account of diversified product portfolio. However recent currency depreciation and sluggish growth in ammonium nitrate poses near term risk to company's earnings. With no concrete plans for growth in FY13-14 we may see earnings stabilize at current level however free cash flow generation of ~ Rs 6 bn over next two years should help company to reduce its debt and strengthen balance sheet.With growing uncertainty, we have reduced our target P/E multiple from 8x to 6x FY13 estimates (based on previous five years average) and subsequently reduce our price target to Rs 185 (from Rs 250). At CMP stock offers attractive dividend yield of 5%+ and trades at 20% discount to book value.
Source:Emkay

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

2012-01-19T05:35:00.000-08:00

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

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

2012-01-19T05:28:00.000-08:00

Scripscan:Oil India Ltd
cmp:1150
Code:533106

Story:Oil India (OIL) is in advance talks for potential overseas acquisition of producing property in the African region. The company is likely to give a non-binding agreement for the same in the next 2-3 months. The reserve is around 200m barrels and the potential acquisition cost is around Rs 50-60bn, translating into EV/boe of US$4.8-5.8/boe. The same compares favourably to the opportunity cost (F&D cost of US$5.45/bbl in FY11).Management believes the preferred option for the divestment of government stake is likely to be block-trade, wherein the government offloads its stake to the institutional investor. OIL expects government to provide minimum net realisation of around US$60/bbls for the current fiscal. The company has asked the government to take average of the last five years for calculating the proportionate share of upstream companies against the current practice of last three year's average.OIL has been delivering impressive performance on the core operating parameters such as production growth, coupled with efficient operations, resulting in low finding, development and lifting cost. Key catalysts affecting the stock price continues to be subsidy sharing and outlook with regards to deployment of significant cash balance. The stock is currently trading at attractive 7.3x FY2013E EPS.Buy with a 12 months target price of Rs 1,525/share (a multiple of 10x FY2013E EPS)

Chambal Fertilisers & Chemicals Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-19T05:19:00.000-08:00

Scripscan:Chambal Fertilisers & Chemicals Ltd
cmp:79
Code:500085

Story:Chambal Fertilisers and Chemicals' (Chambal's) Q3FY12 standalone net sales grew by 32.2% YoY to Rs17,966m (PLe: Rs14,838m), primarily on account of 16.4% YoY growth in urea volumes and 57.8% YoY growth in trading sales. However, urea production volume stood at ~5.5Lac MT. Sales of shipping and textiles businesses were as per our expectation. Better-than-expected sales were mainly on account of higher trading sales (Rs7.9bn v/s PLe: Rs6.0bn).Chambal's EBITDA de-grew by 3.9% YoY to Rs2,039m (PLe: Rs2,235m). EBIT/MT in urea business de-grew by 12.2% YoY to Rs1,688/MT (down by 24.9% QoQ, PLe: Rs1940/MT). Company had received subsidy related to earlier years which amounted to Rs220m during Q2FY12. Excluding earlier year's subsidy, EBIT/MT de-grew by 9.2% QoQ. Company has strong trading margins on the back of better treasury and inventory management. Company's trading EBIT margin stood at 6.1% (PLe: 5.5%). Chambal is carrying ~50K MT of DAP inventory at the end of the quarter. Textile EBIT margin was under pressure because Chambal has considered marginal amount of inventory write-down due to fallen Cotton/Yarn prices during the quarter. Company believes that most of the inventory write-down has already been completed. Company's long-term contract in shipping business (four out of six ships) had expired during Q1FY12. At present, all of Chambal's ships are at a spot price (i.e. US$15000/Day), which is much lower than contract price (i.e. US$22000/Day).Hence, EBIT margin of the company's shipping business has fallen sharply to negative 4.2% (PLe: - 4.7%). Company has provided lower tax rate of 21.7% (PLe: 33%) during Q3FY12. Chambal's Q2FY12 adjusted PAT de-grew by 4.1% YoY to Rs862m (PLe: Rs884m).We have trimmed our FY12E/FY13E estimates by 8.3%/16.9% on considering lower urea and phosphoric acid prices and lower profit in shipping business. We expect Chambal's consolidated PAT to grow at three year's CAGR (FY11-14E) of 12.7% (v/s 7% in FY05-11). At present, stock is trading at one-year forward P/E of 10.6x. Stock has been trading in the range of 6x-13x for the past ten years. We maintain our 'Accumulate' rating on the stock, with revised TP of Rs 89 (i.e. 12xFY13E EPS). We believe that any positive outcome like NBS scheme, new investment policy and hike in urea prices at the farmer level would be the key upside trigger for the stock in the near term and it will lead to an upward revision in our estimates as well.
Source:PL

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

2012-01-18T05:39:00.000-08:00

Scripscan:Rana Sugars Ltd
cmp:4
Code:507490

Story:Rana Sugars Limited engages in the manufacture and sale of sugar in India. The company offers white crystal sugar, double refined white sulphur less sugar, plantation white sugar, raw sugar, and molasses. It also manufactures various grades of alcohol, such as rectified spirit, denatured spirit, and potable grade extra neutral alcohol; and involves in the generation of power.Rana sugars performance has been pathetic to say the least over the last few quarters.Rana Sugars reported net loss of Rs 24.07 crore in the quarter ended September 2011 as against net loss of Rs 41.09 crore during the previous quarter ended September 2010. Sales declined 22.36% to Rs 64.22 crore in the quarter ended September 2011 as against Rs 82.72 crore during the previous quarter ended September 2010.If one has to stay with sugar then best thing would be to be with the leaders.Smaller players would find it pretty tough to find their feat.Investors having rana sugars should exit at rallies.

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

2012-01-18T05:29:00.000-08:00

Scripscan:RDB Rasayans Ltd
cmp:8
Code:533608

Story:RDB Rasayans (RRL) is part of the Kolkata-head quartered RDB Group promoted by the 56 year-old Sunder Lal Dugar. Engaged in infrastructure development, tobacco/cigarettes, printing/packaging, containers/bags, automobiles marketing, retailing, production/installation of power transmission lines and logistics, RDB group boasted consolidated revenue of over Rs 1100 crore in fiscal 2010.In fact RDB is not new to investing public. The group has five listed entities of which two namely NTC Industries and RDB Realty & Infrastructure are listed on the country's premier stock exchange, BSE.Even though RRL was incorporated in 1995, the company commenced manufacture of small poly bags only in 2003. Manufacture of Flexible Intermediate Bulk Containers (FIBC) or Jumbo Bags with installed capacity of 1,800 TPA was started in 2004. The capacity was reportedly increased to 6,050 TPA in 2009 and further to 7,000 TPA in 2010.As regards RRL's track record, sales have grown inconsistently over the years and profitability has been under pressure from increased input-costs. The company does not enjoy any technological advantage but, on the contrary, faces stiff competition from other players. Though it has strategic location advantage in terms of proximity to clients and nearby ports enabling it to timely delivery with minimal logistics costs, it has experienced labor unrests in the past. Occurrence of such events in the future could hamper company's operations.Poly sacks segment is one of the poorest discounted industries on the trading floor.RRL's current EPS is only Rs 1.38 which is the highest in last three year. The book value of the share amounts to Rs.13.53.At present prices its a hold.

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

2012-01-18T05:19:00.000-08:00

Scripscan:Rolcon Engineering Company Ltd
cmp:110
Code:505807

Story:Rolcon Engineering Company Limited engages in the manufacture and sale of chains and sprockets in India. It offers precision roller chains, chain wheels for roller chains, bush roller chains, feeder table chains, cane diffuser chains, cane carrier chains, rake elevator/carrier chains, bush elevator and driving chains, baggasse carrier chains, flow conveyor redler chains, stud chains, gall chains, and top roller chains. The company also provides carrier chains, water screen chains, extended pitch roller chains, leaf chains, deep bucket conveyor chains for clinker transport, reclaimer scraper chains, pan conveyor chains, rivetless chains, and heavy duty chains for shovels/excavators.Fy11 has been a landmark year for the Company with all time high production and sales.For the first time in the history of the Company,it has achieved sales target to Rs.3384.78 Lakhs as against Rs. 2940.76 Lakhs of the previous year but profit before tax has been reduced to 159.24 Lacs as against Rs.213.86 Lacs for the previous due to increase in the cost of Raw Materials and Reduction in selling price coz of reverse auction manipulation resorted by some of the companies. During the year company also made additions in plant & machinery & extension of factory shed for atomization in production cycle time.Its a very tiny company with equity of mere 76 lakhs giving it a mcap of 8crs.Its a debt free company having massive reserves of more than 14 times its equity cap making it an ideal future bonus candidate.Any bumper numbers by the company would get the stock rerated.It also paid a dividend of 3rs for the last fiscal.

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

2012-01-18T05:13:00.000-08:00

Scripscan:Rollatainers Ltd
cmp:150
Code:502448

Story:Rollatainers Limited engages in the manufacture and sale of carton packaging products and packaging machines in India and internationally. Its Carton division offers lined cartons, mono cartons, and fluted cartons. The company’s Engineering division provides contract filling packing systems; automatic carton packing machines for liquid products, dry products, and granular or solid products; automatic carton vacuumising and gas flusing systems; and customized system and non system packaging machines. Its Flexible division offers flexible printed/unprinted laminates; flexible holographic films; and pillow/stand up/zipper pouches.A company which has remained in losses for eternity,which hardly got revenues of 50crs,which boasts of 150crs marketcap-Remains a blind sell.Infact it should be in BIFR owing to negative networth(am not sure whether its already in or not)Move on to better bets.

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

2012-01-18T05:06:00.000-08:00

Scripscan:Rossell India Ltd
cmp:40
Code:533168

Story:Company having Five tea estates in Assam in an area of 4000 hectares.For the last financial year Rossell posted a turnover of Rs.80 Cr and a net profit of Rs.18 Cr EPS is Rs.5/- ( FV Rs,2 Shares). In addition to the conventional Tea business company having two more divisions- Aerospace/defense and Hospitality. Potential of these sectors differentiate this company from other tea companies.Under the Bangalore headquartered Aerospace and defense division - Rossell Techsys- company is offering services like custom embedded systems product design and development, product support services including Installation, testing, commissioning and maintenance, test solutions including test jigs, rigs, and simulators etc , and wire harness engineering and looming.Company representing many foreign companies like MacSema in India for their various products and services in Aerospace and defense.This division having an approximate employee strength of 70.Recently company started a hospitality division to increase its presence in this sector.It is a point to note that company is already having some experience in this field through their strategic investments in a company which is running the franchise of 'YUM'( owners of brands like KFC, Pizza Hut, and Taco Bell) in Nigeria.Few months ago, Rossell decided to start fast food chains in various cities in India too .It is not clear at this point that whether this is through a master franchise agreement of any well known brands or not.Anyway their previous experience in this field will be an added advantage.Apart from this ,company is also having some interest in Lemon Tree Hotels which is running 12 hotel properties across India.Company's share price is currently trading at Rs.40 /- with a P/E of 6 on the expected full year EPS of Rs.7/-.Considering the chances of an improvement in Tea prices, it is at the lower level .If the upcoming fast food chain venture turn as a success and defense and aerospace division posts decent growth after the expected opening of private sector in defense , this unknown stock may get rated sharply.
Source:Valuepick

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

2012-01-17T07:40:00.000-08:00

Scripscan:Shriram EPC Ltd
cmp:99
Code:532945

Story:With a 60 per cent decline over a one odd year period, the stock of Shriram EPC (SEPC) was among the worst performers in the engineering and infrastructure space.Weak pace of execution as well as high interest costs in the March quarter resulted in a 30 per cent dip in profits in that period over a year ago. SEPC's joint ventures, subsidiaries as well as association with group companies in the green energy space, did not receive favourable valuations from the market as renewable energy themes were beaten down. Its joint venture in the wind turbine manufacturing space, Leitner Shriram Manufacturing's long-term debt rating for instance was downgraded by Fitch Ratings in June to ‘BBB-‘ from ‘BBB'.The rating indicates moderate default risk as a result of lack lustre EBIDTA margins and leverage of 6.1 times in FY-11. The report states that the Leitner Shriram required equity level support to meet financial commitments. Risks attached to this joint venture could be one reason for SEPC's lack lustre stock performance. For the quarter ended June, revenues expanded by 15 per cent over a year ago, even as profits dipped as the wind business was shifted to the joint venture. Consolidated order book at Rs 4,490 crore was 2.7 times FY-11 sales.

B.L.Kashyap & Sons Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-17T07:32:00.001-08:00

Scripscan:B.L.Kashyap & Sons Ltd
cmp:12
Code:532719

Story:Oblivious to broader market gyrations, the stock of construction company BL Kashyap & Sons has held fast to its downward path over the past three years.Initially facing the heat of a market meltdown in 2008, the stock further suffered on account of its exposure to troubled real estate contracts. From a near-doubling in FY08, revenues declined six and 30 per cent in the following two years. Profits plunged similarly, by 32 and 47 per cent.Efforts to diversify out of real estate saw the company take on infrastructure projects, using joint ventures to improve qualification. Fortunes revived in FY-11, with revenues and profits up 51 and 22 per cent respectively. A bonus and stock split nudged interest in the stock.However, the company suffered delays in monetisation of its real estate venture Soul Space, and high raw material and labour costs which resulted in profit declines for the March and June quarters. The last straw was an alleged evasion of provident fund payments; the stock plummeted 20 per cent in a single day in wake of the news. The estimated penalty to be paid was pegged at Rs 593 crore, well above its market capitalisation. BL Kashyap did file an appeal, resulting in a stay on the order. Still, the stock is rather lifeless,languishing 65 per cent down from the prices at the time of the allegations.

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

2012-01-17T07:18:00.000-08:00

Scripscan:Sharyans Resources Ltd
cmp:50
Code:511413

Story:Sharyans Resources Limited, together with its subsidiaries, engages in acquiring and investing in financial assets and real estate primarily in India. It provides equity broking services for spot and derivative segments of the equity markets; and institutional and private client stock broking, market making, corporate finance, fund management, and ratings services, as well as online financial information. The company also offers wholesale and retail services in the field of equities, debt, commodities, mutual funds, banking deposits and advances, corporate fixed deposits, postal savings, public provident fund, and unit linked plans. In addition, it engages in the trade of commodities, including precious and non-ferrous metals, cereals and pulses, ginned and unginned cotton, oilseeds, oils and oilcakes, raw jute and jute goods, sugar and gur, potatoes and onions, rubber and spices, and coffee and tea. Further, the company provides various travel and related services for individuals, groups, incentives, and conferences; and project management consulting services for various infrastructure and building projects. Additionally, it engages in the development and management of various real estates properties, as well as offers properties for lease/rent to corporate clients; and offers a private real estate mutual fund.A super inconsistent company which couldnt even perform during the best bull run days of 2003-2007.It has a book value of 108rs.Investment in book as on 31st march 2011 shows 50 odd crs.P/BV of less than half gives some comfort though.In any case till market makes a u-turn the company would struggle to find its feat.Pathetic sales to mcap ratio gives an aversion towards the stock.Exit at rallies and move on to something better.

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

2012-01-17T06:25:00.000-08:00

Scripscan:Bharat Rasayan Ltd
cmp:130
Code:590021

Story:Bharat Rasayan is one of the foremost Companies in India that has a large manufacturing range of agrochemicals.It is one of the few companies manufacturing its own technical grade pesticides from basic raw materials. This gives it an inherent advantage over quality and prices.The Company's products have been widely accepted in foreign markets also.The Company has a team of professionally qualified, competent and dedicated managers on its roll.Its In-house Research & Development Unit is recognized by Ministry of Science & Technology, Govt. of India, Department of Scientific & Industrial Research, New Delhi.Several agriculture oriented policy initiatives under implementation by the Government and the availability of credit to the agriculture sector as priority sector are expected to immensely benefit companies like bharat rasayan.Over the last 5 years it sales and profits have increased from 46crs in fy06 to 92crs in fy11.NP over the same corresponding period has increased from 1.5crs to 5.89crs.The company is a near zero debt company and generates lot of free cash flows.The company has a tiny equity of 4crs and thus it lacks liquidity in the bourses.Its a regular dividend paying company with promoters owning 74% stake in the company.At present price of 130rs its quotes at single digit PE its forward earnings.The company has rich reserves of 40crs in it books making it an appropriate liberal bonus candidate.

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

2012-01-17T05:58:00.000-08:00

Scripscan:Eimco Elecon (India) Ltd
cmp:180
Code:523708

Story:Eimco Elecon (India) Limited engages in the design, development, manufacture, installation, and servicing of mining and construction machines, hydraulic cylinders, and accessories in India and internationally. Its products include side dump loaders, load haul dumpers, rockershovel loaders, dump trucks, air motors, hydraulic cylinders, blasthole drill, and AL 120 wheel loaders. The company’s products are used in underground and opencast mines in mining and construction sites.The average ROCE of the company over the last five years is 15.728% with average operating profit margin of 18.984%. The margins were highest in the years between 2007 and 2009 and in years 2000 and 2001. Net profit margin too were highest in years 2008, 2000 and 2001, in low double digits. The margins have shrinked to 7.2% in 2011 which is lowest in the last 13 years. This shows that the business is under severe margin pressure but still the margins are much higher than the average for all the companies in India. The company is debt free with (net current assets + investments) worth INR 114.05 crore. The assets turnover ratio of the company decreased from 1.81 to 1.06 between 2002 and 2006 but the same has improved again to 2.00 in FY2011. The company had negative cash-flow in FY2009 but the average operating cash-flow over the last five years is equal to the net-profit reported by the company. So the company is providing proper depreciation and not over-reporting the profits.The company's average total income has risen from INR 72.98 crore between FY00-FY02 to INR 167.49 crore between FY09-FY11, i.e. 9.67% compounded annually. The net profits during the same time has risen from INR 8.653 crore in FY00-FY02 to INR 13.81 crore, i.e. 5.33% compounded annually. The company had three down years in profits over the last ten years, FY03 down by 45.27%, FY06 down by 5.83% and FY10 down by 16%. The revenues declined in two consecutive years in FY06 by 7.24% and in FY07 by 3%.
Source:Chinmay

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

2012-01-17T05:32:00.000-08:00

Scripscan:Summit Securities Ltd
cmp:76
Code:533306

Story:Summit Securities Limited, a non banking financial company, engages in investments in quoted and unquoted shares and securities. The company was formerly known as RPG Itochu Finance Ltd and changed its name to Summit Securities Limited in March 2010.This company has got more than 400 crore holdings in CEAT ,KEC,ZENSAR etc.If market gossips are to be believed then they are still buying more in secondary market apart from this it owns 43% stake in spencer & company which posses three 5star hoels valued somewhere around 400 crores.If one gives 50% discount to unquoted investments,take 200 crore value in hotels +400 crores quoted investments.Thus it gives a value of 600 crs for a company which at present has got a marketcap of only 84crs.
Btw:Its a source based information so kindly do your due dilligence before getting interested in the counter.

Paid service for positional calls(only in small and midcaps)

2012-01-15T08:16:00.001-08:00

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

2012-01-15T07:58:00.000-08:00

Scripscan:Peninsula Land Ltd
cmp:36
Code:503031

Story:Peninsula Land Limited operates as a real estate development and management company in India. The company’s projects primarily include development of shopping malls under the Crossroads brand; commercial complexes, IT Parks, and special economic zones under the Peninsula brand; and luxury residential condominiums under the Ashok brand. It also offers facility management services and investment advisory services. The company was formerly known as Morarjee Relaties Ltd. and changed its name to Peninsula Land Limited in April 2006. PLL is a net-cash company and plans spending 20bn in the next 6-9 months for land acquisition. Its cash-heavy balance sheet along with assured cash flows provides a strong war-chest for property acquisitions.I believe PLL is a strong bet on value-added utilisation of cash, which contributes at least 14% to the NAV.I value current projects on DCF-based NAV and also introduce terminal value to arrive at my Sep ’13 NAV of`78.

Elegant Marbles and Grani Industries Ltd:-Buy/sell/growth prospects and recommendation,news and result,target and analysis,view andoutlook,multibagger

2012-01-15T05:20:00.000-08:00

Scripscan:Elegant Marbles and Grani Industries Ltd
cmp:39
Code:526705

Story:Elegant Marbles And Grani Industries Limited engages in the manufacture, import, and export of marbles and granites in India and internationally. It offers natural stones, including travertine, onyx, sandstone, and slates; engineered marbles comprising agglomerated and semi precious stones; and mosaic, inlays, marble handicrafts, marble art work, and edge profiles. Elegant Marbles And Grani Industries Limited also engages in investment activities.I was looking at the list of companies trading below their book value and came across Elegant Marbles and Granites. The company's share is trading at INR 39. The company has equity worth INR 4.5 Crore of 45,00,000 shares of face value INR 10.This translates into a market capitalization of INR 18 Crore.The company's business is not anything to write home about. The company is in a very competitive industry and profit margins are not high.Over the last ten years, company has paid dividend in each year except the year 2002. The company has mostly remained profitable except in 2005 when the company had an operating loss but due to other income the company remained profitable at net level.However the company has holding in equities and mutual funds to the tune of over 15crs.The company's plant/machinery/land and other assets are not even looked at. Seems like a compelling Ben Graham buy.
Source:Chinmay

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

2012-01-15T05:14:00.000-08:00

Scripscan:VTM Ltd
cmp:100
Code:532893

Story:VTM Limited engages in the manufacture and sale of fabrics primarily in India. It offers various types of fabrics that include square inch drills, twills, sateens, piques, dyed yarn, jacquards, and a range of complex dobbies. The company also exports its products.The average ROCE of the company over the last five years was 4.614% which is way below the average for BSE500 companies with average operating profit margins of 12.25% and net profit margins of 2.894%, most of the gap going into depreciation.There is a big surge in all these ratios in FY11 most probably due to high cotton prices. The company increased its fixed asset investment from INR 47.56 crore to INR 59.78 crore. The company is virtually debt free with net current assets + investments of INR 46.57 crore while debt at INR 6.23 crore. The company's asset turnover ratio declined from 1.3 to 0.61 between 2004 and 2010 but it went up in the last year to around 1.0. The company's average total income hasn't risen much over the last seven years. It was at INR 110 crore in 2004-05 and is still the same on an average even though the capital investment has gone up from INR 84 crore to somewhere around INR 140 crore. This shows that the business is very capital intensive (remember Warren Buffett's Berkshire Hathway?). If revenues do not increase, how would the profits go up? The profits are almost stagnant or may be declining due to high depreciation of fixed assets investment.The promoters hold around 75% in the company and dividend payout is on an average 50%.None of the mutual funds hold this stock since the company is very small and floating stock is also small.The company's book value is INR 227.47. At the current market price of INR 100, the company is trading almost near its net current assets - debt of INR 40.6 crore. The business is not very good.So I will wait for a higher margin of safety.
Source:Chinmay

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

2012-01-14T04:26:00.000-08:00

Scripscan:Cambridge Solutions Ltd
cmp:25
Code:532616

Story:Cambridge Solutions Limited provides information technology outsourcing (ITO) and business process outsourcing (BPO) services for banking, insurance, manufacturing, and government sectors. It focuses on finance and accounting, workers’ compensation claims management, insurance and banking processes, and IT services. The company’s ITO services comprise strategic consulting, application maintenance/support, software development, and application implementation services; integration, customization, end user services, training, documentation, quality assurance, testing, and application migration services; and strategic global outsourcing and call center services as an IT extended service.The company has tried everything to survive from selling its divison to assets but nothing has worked.Its been a wretch of a wealth destroyer over the past few years.There's hardly anything left to talk about.Sell at rally and forget your past miseries.

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

2012-01-14T01:31:00.000-08:00

Scripscan:CHL Ltd
cmp:70
Code:532992

Story:CHL Limited engages in the hotel business in India. It owns and operates the Hotel Suryaa, a 5-star deluxe hotel located in New Delhi. The hotel has 142 rooms, 92 club rooms, 10 deluxe suites, and 1 presidential suite. The company was formerly known as Cosmopolitan Hotels Ltd. and changed its name to CHL Limited in December 1997.Its a very inconsistent hotel company as far its financial numbers are concerned.Sales and profits over the last five years remained flat.Only saving grace being the replacement value which is obviously higher than its marketcap of 80crs.Even after adding up the debt to the marketcap we would get a higher NAV.It generates a lot of free cash flows and book value of the company as on march 31st fy11 stands at 75 bucks.A healthy interest cover of nearly 4% vanishes the debt servicing apprehensions.The company in fy11 paid a dividend of 3rs giving an yield of over 4%.It plans to maintain the same in coming years too.Thus a hold at present levels.

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

2012-01-14T01:21:00.000-08:00

Scripscan:Chemplast Sanmar Ltd
cmp:5
Code:506355

Story:Chemplast Sanmar Limited engages in the manufacture and sale of PVC resins, caustic sodas, chlorochemicals, refrigerant gases, industrial salts, and PVC piping systems in India. Its PVC resins include suspension resins for the manufacture of crystal clear blow moulded bottles, rigid and clear calendered PVC films, and injection moulded pipe fittings, as well as pipes, conduits, hoses and tubes, wires and cable coatings, calendered films/sheets, extruded profiles, and for making cable/footwear compounds; and paste grade dispersion resins for applications in dip moulding, rotomoulding, wall paper, conveyor belting, tarpaulin coating, and wear layers of leather cloth and flooring. The company’s chlorochemicals comprise caustic chlor products, such as caustic soda lye and flakes, chlorine, hydrochloric acid, hydrogen, and bromine and its derivatives; chloromethane products consisting of methyl chloride, methylene chloride, chloroform, and carbon tetrachloride, as well as silicon products that include ethyl silicate; and hydrochlorofluorocarbons. It also provides piping systems, including pressure, plumbing, casing and screen, XL casing, SDR, SWR, submersible, electrical conduit, and HDPE pipes, as well as PVC fittings.PVC resins are used in pipes, cables and wires, doorframes and, to a smaller extent, in industrial textiles. Chemplast Sanmar manufactures a range of PVC resins, which enables it to vary its product mix according to market dynamics. With both the Central and State governments increasing their focus on irrigation and intense activity in the realty sector, the company is likely to maintain its volumes growth in the PVC segment.The company enjoys locational advantages as it is among the few caustic soda players in the South.It ended fy11 with sales of over 2000crs and a loss of 42crs.I dont feel its worth a buy at marketcap of 400crs.Investors holding it already may offload at rallies.

Cholamandalam Investment & Finance Company Ltd:-Buy/sell/growth prospects and recommendation,news and results,target,view and outlook,multibagger

2012-01-14T01:08:00.000-08:00

Scripscan:Cholamandalam Investment & Finance Company Ltd
cmp:130
Code:511243

Story:Cholamandalam Investment and Finance Company Limited, a non banking finance company, together with its subsidiaries, provides various financial services to individual and institutional customers in India. The company offers vehicle finance for new and used HCVs, LCVs, SCVs, MLCVs, MUVs, tractors, and cars and 3 wheelers; corporate mortgage loans against collateral of equity shares, commercial/ residential property, and combination of current assets and shares for corporations, promoters, high net worth individuals, and retail broking clients; and loans against residential property to self employed individuals. It also offers mutual funds, life and general insurance, equities, real estate, private equity, and fixed income products. In addition, the company provides stock broking and equity advisory services to institutional and individual investors, as well as acts a depository participant with National Securities Depository Limited and Central Depository Services (India) Limited. As of September 30, 2011, it operated approximately 342 branches. The company was formerly known as Cholamandalam DBS Finance Limited and changed its name to Cholamandalam Investment and Finance Company Limited in June 2010. The company was founded in 1978 and is headquartered in Chennai, India. Cholamandalam Investment and Finance Company Limited is a subsidiary of Tube Investments of India Ltd.The management’s strategy is to leverage its good brand name, strong rural exposure (bottom of the pyramid focus) and relationship with corporate group to establish these businesses. It estimates GF/TF book size ofRs2bn/3bn in FY12 and LTV of 70-80%. The GF/TF business yield is estimated at20-22%/18%, higher than LCV yield at 14.5%.I currently don’t build these inmy estimates and will wait to look for growth trends in these businesses.Management confident of strong FY12 growth outlook and gave strong overall disbursements growth guidance of 15-20% with 30%/20-23% in VF/HE business.I expect strong earnings growth from FY12, on strong underlying nos of asset finance businesses now getting reflected.Maintain Buy with a price target of Rs215 to be achieved in the next 18 months.

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

2012-01-13T07:04:00.000-08:00

Scripscan:Kabra Extrusion Technik Ltd
cmp:36
Code:524109

Story:KETL is a cash-rich, debt-free company with a history of strong operating cash flows. Its cash and equivalent investments have grown at a cumulative annualised growth rate (CAGR) of over 35% in the past five years to Rs 42 crore as on March 31, 2011.The company is a leader in India manufacturing machines for the plastic processing industry.The demand for KETL's extrusion machinery to produce plastic pipes and packaging films is growing fast, with the rising plastic consumption in India.According to industry estimates, India consumed 8 million tonne of plastics in 2009, which is expected to double in the next 5-6 years. It is estimated that the plastic processors will have to invest nearly $10 billion over the next 5-6 years to create the necessary plastic processing capacity.The company has embarked upon an expansion plan to gain from this trend. It has embarked upon an investment plan which will more than double its gross block by FY13.The company is also augmenting its product portfolio with new offerings. It is the only company in India manufacturing machinery for window and door profiles.The company posted 235crs of sales and 26crs PAT in fy11.Keep this unique company in your radar which is quoting near its 52week lows.

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

2012-01-13T06:52:00.000-08:00

Scripscan:K G Denim Ltd
cmp:13
Code:500239

Story:K G Denim Limited operates as a denim and apparel fabric manufacturer in India. The company offers apparel fabrics that include stretch twills, jean twills, and stretches. It also offers home textile products comprising blankets, duvets, throws, shams, pillow covers, and sheets; sheet sets; specialty, denim, and yarn dyed sheets; shams; pillow covers; yarn dyed blankets; duvets; throws; towels; bathrobes; shower curtains; blanket fabrics; napkins and table linens; and hospitality products that cater to hotels, institutions, and hospitals. In addition, the company offers various apparel products, which include jeans, shorts, jackets, cargos, and carpenter styles, as well as ladies trousers, baby wear denim/non-denim, and wrinkle free pants; denim fabrics; cotton woven fabrics; and cotton fabrics.The company has jumped to black from red by posting a profit of 4.5crs in fy11 vs a massive loss of 12crs in fy09.Sales too commensurated by increasing too 343crs in fy11 in comparison to 230crs in fy09.Book value stands at 18rs.EPS stood at 1.75crs for the last fiscal.Any rally in the textile sector would help the company to command better valuations in the bourses.Leveraged balance sheet with a 2.5 Debt/equity ratio is a big concern though.

Kovai Medical Center & Hospital Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-13T06:42:00.000-08:00

Scripscan:Kovai Medical Center & Hospital Ltd
cmp:107
Code:523323

Story:Healthcare is considered as one of the sectors India having huge potential in coming years..Hospital services is a major part of this industry.But the number of listed players in this sector is limited.Kovai Medical Centre and Hospital (KMCH) is one of the good listed companies from this space.This Coimbatore based 800 bed multispeciality hospital having all most modern facilities including Open heart surgeries ,Kidney transplants, Knee replacements, Hip replacements , Complex Neuro surgeries Angiograms, Angioplasties, Stenting ,fallopian tube recanalisation, Chemotherapy, Blood component therapy, Arthroscopic surgeries, Laparoscopic and Thorocoscopic surgeries,Emergency-Trauma Care Center.etc.KMCH is located in a 20 acre facility close to coimbatore airport and also having three satellite hospitals - two at Erode and one at Ram nagar.KMCH recently started the facility of E-Bus (Endo Bronchial Ultra Sound) which is very effective for identifying lung cancer in an early stage. It is one of the very few hospitals in this region with this facility. KMCH is now expanding its service to pediatric and eye segment and this facilities will commence operations in few months. In recent times KMCH is very aggressive in bringing new technologies ,most modern facilities and new departments to its fold. Company is spending an amount of Rs.200 Cr for this expansion programme.Growth for KMCH will come in two ways .One through the addition of more facilities and departments at the existing hospitals and the other is through the starting of new satellite centers in other places.As an indication of the confidence of promoters, they are steadily hiking their stake in last few quarters through open market purchases.At CMP of Rs.107/- ,it is a good long term bet for a healthy portfolio.
Source:Valuepick

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

2012-01-13T06:37:00.000-08:00

Scripscan:OnMobile Global Ltd
cmp:70
Code:532944

Story:OnMobile Global Limited, together with its subsidiaries, provides value added products and services for mobile, landline, and media service providers in India and internationally. It offers products in the areas of m-commerce, entertainment, media portals and interactive television programming, mobile marketing, user-generated content and social networking, mobile utility, data and 3G, and information and network through mobile access channels, such as voice, SMS, WAP, USSD, voice, video, on-device portal, and Web. The company’s products include music products comprising ring back tones (RBT), M-radio, ringtones, reverse RBTs, devotional songs, jukeboxes, and music cards; infotainment products, such as contests, mobile box office, interactive media, sport products, find-a-friend, comedy, horoscopes, news and stock updates, and multimedia products; voice portal, music search, content management system, and on-device portal solutions; and video products consisting of video gateways, video applications, content adapters, multimedia protocol stacks, and video optimizers. Its products also include personal data management products comprising phone book, phone back up, social address books, social network gateways, multimedia albums, network calendars, OMA DS stacks, sync servers, and XDMS technology; speech recognition products, such as speech recognition software; messaging solutions, including missed call alerts and voice SMS; mobile marketing solutions; and churn management solutions.The company grew by about 20% this quarter and the quarter on quarter run rate was much better than the year on year, which indicates earnings momentum.The concerns on Onmobile which investor have is on their domestic business where there seems to be sluggishness, not that the domestic demand is low. For example, applications for smart phones and regular phones are a huge growth opportunity and there are very few big players in this line. Except that some policy issues and some TRAI issues keep coming up, but I feel this is of a temporary nature.So at Rs 70, it is trading about 7 times 2012 earnings, which to me is quite attractive, and I am putting a target of about Rs 90 for Onmobile in the next 12 months. I should say this stock is for a high-risk investors because it shows a tremendous volatility in the stock market.

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

2012-01-13T05:04:00.000-08:00

Scripscan:Indus Fila Ltd
cmp:13
Code:532821

Story:Incorporated in 1999, IFL was listed in 2007.Indus Fila Limited engages in the manufacture and sale of textiles in India. It offers woven fabric of cotton mixed with manmade fiber, woven fabric of cotton, men’s or boys’ shirting, and women’s or girls’ blouses shirts and shirt-blouses. The company also exports its products to the United States and the European markets.It has its registered office in Bangalore. In FY11, IFL reported revenues of 439crs, with a net profit of 2crs.Despite restructuring in 2009 with a moratorium till FY10, the company has been unable to repay its debt obligations to date. This is attributed to the company's tight liquidity position due to its stretched working capital cycle and debt-funded capex which resulted in huge negative cash flows. The company also suffered mark-to-market losses on its forex contracts, further aggravating its liquidity position.Before taking any positive call on the scrip one should continue to monitor IFL's financial performance and its ability to meet its debt obligations. A positive rating guideline would be regularity in debt service for at least six months.Thus a hold at present levels.

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

2012-01-13T04:54:00.000-08:00

Scripscan:Indian Terrain Fashions Ltd
cmp:90
Code:533329

Story:Indian Terrain Fashion (ITFL) is the demerged entity of Chennai-based Celebrity Fashions.Post-demerger, Celebrity Fashions had issued 55.81 lakh shares to investors in the ratio of two shares of ITFL for every seven shares of Celebrity Fashions.Launched in 2000, Indian Terrain is a domestic focussed ready-to-wear men's garment brand of Celebrity Fashions, which caters largely to export markets.Started with a product offering of shirts and trousers, its expanded product range now include shirts, trousers, t-shirts, shorts, sweaters, knits and jackets.The company has proposed to increase its branded outlets to 150 in the next few years.The company is close to signing agreement for opening five branded stores in Mumbai, Lucknow and down South.The brand is also retailed in more than 450 multi-brand outlets, apart from being sold in major large format retailers such as Lifestyle, Shoppers Stop, Westside and Central.The company achieved revenue of Rs 122 crore last fiscal and has set target of Rs 150 crore this fiscal. It has been investing 10 per cent of its turnover on advertising and brand promotion activities through the years.It trades at a forward PE of 7.5 which is comparable to its peers.A hold at present levels.

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

2012-01-13T04:43:00.000-08:00

Scripscan:IndiaNivesh Ltd
cmp:385
Code:501700

Story:IndiaNivesh Limited provides various financial products and services in India. It purchases stressed assets and portfolios from banks and financial intermediaries, and assists in resolution of such no performing loans. The company also invests in quoted and unquoted equity shares, as well as in the units of mutual funds. In addition, the company offers brokerage services in cash, stocks, derivates, currency futures, and commodities, as well as provides depository services. Further, it offers a range of consultancy services, including mergers, acquisitions and divestitures, capital raising, and recapitalization; and counseling services comprising business advisory, transaction support, banking, and financial services, as well as manages capital raising activities through debt or equity from private/public placement and banks/financial institutes. Additionally, it provides insurance broking services, wealth management services, and other financial products, as well as paper distribution services in primary market and new fund offerings. The company serves government institutions, public finance institutions, foreign institutional investors, HNIs, corporate customers, and SME enterprises, as well as mutual fund and insurance companies.Its a very very small company with hardly any revenues to talk about.The business it operates in comprises of bigger players fighting for an inch.It would be an herculean task for Indianivesh to be a name to reckon for.The company has a book value of 65rs and ended FY11 with an EPS of 4rs.Nothing inspiring except the investment of 40 odd crs which it carries in its book.Sell on rallies.

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

2012-01-12T07:58:00.000-08:00

Scripscan:Vas Infrastructure Ltd
cmp:33
Code:531574

Story:Vas Infrastructure Limited engages in the acquisition of land, as well as in the development, construction, and infrastructural activities in India. It holds various projects related to these operations.On the financial front it has done nothing spectacular to talk about.The company ended fy11 with sales and profits of 35crs and 82 lakhs respectively.Good thing about the company being its zero debt status.The company also carries an investment of 10crs in its book.I have got no idea about the promoters or their future vision about the company.Valuation wise its immensely expensive at over 50 times trailing earnings.Vas infra is a volatile counter with wild swings seen frequently in both ways.Risk averse investors should stay far away from these counters.Lack of interest in the sector,negative cash flows,inconsistent numbers and small size of its business asks one to stay away from it.

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

2012-01-12T07:45:00.000-08:00

Scripscan:Vamshi Rubber Ltd
cmp:20
Code:530369

Story:Vamshi Rubber Limited engages in the manufacture and sale of retreading materials in India. It offers precured tread rubber, cushion gum, vulcanizing solution, and curing envelopes. The company offers precured tread rubber for bias and radial tires. It also provides camelback tread rubber, and retreading tools and consumables. Further, the company manufactures electrical/steam bonders, buffers, and builders, as well as other associated machinery for retreading tires. It also exports its products.In fy11 the gross revenue of the Company increased to Rs. 7,282.86Lakhs compared to Rs. 5,968.14 Lakhs in the previous year, registering a growth of 22%. The Profit after tax for the year increased by 15% to Rs.225.05 Lakhs compared to Rs.195.07Lakhs in the previous year.As the transportation in the country is increasing, the demand for retreading also keeps increasing.The conservative management forecasted a growth of 20% during the present financial year 2011-2012.The company has a tiny equity of 4crs and at present price of 20 offers a handsome dividend yield of 5%.It generates a lot of free cash flows which gives good comfort.At present prices its a good hold.

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

2012-01-12T07:36:00.000-08:00

Scripscan:Va Tech Wabag Ltd
cmp:340
Code:533269

Story:The stock of water and waste treatment solutions provider, VA Tech Wabag (VA Tech), has been beaten down by 30 per cent since July, pushing it far below its IPO issue price. Apart from declining during the recent market correction, the stock also reacted negatively after the company's management mentioned a slowdown in its overseas operations. The reaction appears overdone.70 per cent of VA Tech's order book is tilted towards the domestic market with the rest quite diversified across geographies. The group's multi-geography presence means that it is unlikely to be badly hit by slowdown in any one region. Two, the domestic market for water and waste treatment, both in the industry and municipal segments, continues to be robust.VA Tech's superior technical skills and tie-up with overseas players, wherever required, makes it well-placed to tap domestic opportunities. Three, VA Tech's strong cash position and low debt status, makes it a safer mid-cap bet given the market's aversion to leveraged companies.Investors with a two-three-year perspective can consider taking limited exposure to the stock of VA Tech. At the current market price of Rs 340, the stock trades at 10.5 times its expected consolidated per share earnings for FY-13.Factoring in a slowdown in overseas operations, I expect FY-12 performance to be muted with an expected price earnings multiple of 14 times.

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

2012-01-12T05:58:00.000-08:00

Scripscan:Mahaveer Infoway Ltd
cmp:10
Code:590117

Story:Reliance industries an leading industrial house entering mobile and software business by acquiring minority stake in mahaveer infoway for 4cr.Its a small deal considering size of reliance but will make it an entry in technology field.Deal announcement along with reliance results.Name of MAHAVEER INFOWAY will be changed to reliance technologies.Expect an another infosys in the making in the form of mahaveer infoway.Very few shares available as insiders already accumulated.Buy mahaveer infoway for short term frame for one quarter for multibagger.
Source:A contact of mine.

BTW:I have no idea of the above stuff.Its just one of my contacts mailed me and have pasted the same.Buy/sell only after your own research.I am miles away from this insider news and all.

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

2012-01-12T05:50:00.000-08:00

Scripscan:Rama Phosphates Ltd
cmp:44
Code:524037

HKG says:Company is in business of Phosphatic fertilizers, consumption of which is increasing the country as same is being competitively priced in the market as compared to other complex fertilizers. Moreover, SSP enahances the fertility of land as it contains additional netrients viz Sulphur and Calcium apart from phosphorous. And recently introduced NBS Policy and decontrolling of P&K Fertilizer sector whichallows freedon to fix reasonably MRP insulates from volatile raw material prices,. The said measure has infused fresh lease of life in SSP industry which hasbrightened prospects of Rama Phosphate and hence the buy recommendation.Rama Phosphates also has requisite infrastructure including surplus land at all the locations which can be readily put on use for expansion. Company has already chalked out expansion plans.Rama Phosphates has already started implementing expansion plans.At Udaipur, production of SSP will ncrease from 1.32 lac tonnes to 1.81 lac tonnes by end of this year.Company is also increasing capacity of GSSP from 0.66 lac tonnes to 1.66 lac tonnes.At Indore, company plans to increase capacity by another 1 lac tonnes.Company has started debottlenecking at Pune facility to increase the capacity further.Rama Phosphates is also putting more efforts to enhance turnover of SOYA Oil division.Full impact of above expansions will be felt from FY13 onwards.

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

2012-01-12T05:28:00.000-08:00

Scripscan:Saamya Biotech (India) Ltd
cmp:3
Code:532905

Story:Incorporated in 2002, Saamya Biotech India Limited (SBIL) is a Hyderabad based Biotech company. SBIL manufactures and market bio pharmaceutical and recombinant protein products to medical and other industries. The company had also entered into a technology transfer agreement with Biofin Laboratories and a sale and purchase agreement with Finchimica, Italy.The company had proposed to set up world class facilities for the manufacture of fermentation based high value Biotech Products. To meet its objective, the company entered the capital market to set up manufacturing facilities including Research & Development and pilot plant facility for Low Volume, High Value active Bio-Pharmaceutical ingredients viz., Daunomycin and Hyaluronic Acid Pharma Grade and Cosmetic Grade. Since its IPO in 2007, a lot has been spoken about its great prospects and bright future but so far till date nothing seems to have materialized.Pathetic numbers too hardly inspires any confidence in the company.At present juncture its a wait and watch bet.

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

2012-01-12T05:24:00.000-08:00

Scripscan:Sadhana Nitro Chem Ltd
cmp:17
Code:506642

Premiuminvestment says:Sadhana Nitro Chemical is engaged in the manufacture of Nitrobenzene, its downstream derivatives and other intermediates for various applications in aerospace, pharma and agro and various other industries. It recently set up a 100% subsidiary in Belgium.This Govt recognized 2-Star Golden export house did well for Q3FY12 but that has got more to do with accounting adjustment. The company which had a loss in Q2FY12 and so also in Q2FY11, showed a net profit of Rs.1.28 crore for current Q3. This is thanks to the forex loss of Rs.1.20 crore being transferred to the Foreign Currency Monetary Items Translation difference account to be amortised.This led to the net profit going up by 1.48 crore, which is more than the net profit of Rs.1.28 crore it reported. So this means, it would have actually ended this quarter too in a net loss! So this is exactly how the new amendment to the AS-11 is being misused! Well, nothing really exciting in terms of numbers for anyone in this company.

Paid service for positional calls(only in small and midcaps)

2012-01-08T05:37:00.000-08:00

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

2012-01-08T05:30:00.000-08:00

Scripscan:Swan Energy Ltd
cmp:59
Code:503310

Story:Earlier know as a Swan Mills Ltd., it was a sick unit that was taken over byDave Group in 1990. In the 3 years period, the company made heavy losses to the tune of INR 920mn. Later on in 1992, the company was been referred to the BIFR (Board for Industrial & Finance Reconstruction) for revival, which was only for its spinning units. As per the BIFR Package, the company disposed excess land owned by it on a commercial basis, which helped it to achieved a turnaround by posting a profit in 1993-94. With funds available through land sale, the company carried out a modernisation programme, where it started to supply its textiles products to big retailers in Europe like Marks & Spencers & also diversified into manufacturing of cuprammoniam rayon yarn by setting up Vini Rayon Industries, a joint venture with the Gujarat Industrial & Investment Corporation. Later on in Dec 95, BIFR declared the company no longer as a sick unit & thus discharged it from its purview. SEL business usually includes three segments namely which includes Energy, Textile & Real Estate Segments. SEL has entered into an agreement with GPPC at INR 3810mn for 49% stake, where GPPC along with its shareholders have agreed to assign 70% of the Carbon Emission Receipts (CER) that will be generated from GPPC's upcoming Pipavav project, while it will be able to rake in about INR 7-8bn from carbon credits alone in a period of ten years.The company is also setting up a textile unit in Ahmedabad,Gujarat & has acquired land in Goa, for which development is to be operational soon.The company ended fy11 with sales of 400crs and profits of 44crs respectively.The company at present price of 59rs attracts a marketcap of 568crs.Altogether a company to watch out for.

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

2012-01-08T05:15:00.000-08:00

Scripscan:Kar Mobiles Ltd
cmp:140
Code:590053

Story:Kar Mobiles Limited produces and sells valves for internal combustion engines in India and internationally. Its engine valves are used in 5 H.P. to 4,000 H.P. engines in various segments, such as agricultural, industrial, stationary, marine, locomotive, battle tanks, farm tractors, high-performance cars, and automotives comprising passenger cars/light commercial vehicles/heavy commercial vehicles.Sales and Operating revenue was higher by 15% in 2011. Domestic Original Equipment Manufacturer sales contributed mainly by Farm Tractors, HCV and Industrial Engines, has grown by 18%. Exports has grown up by 39% mainly on account of recovery of overseas markets especially USA. In the Domestic replacement market sales was lower by 18% over last year due to plants not being able to achieve planned outputs and commitment to service additional OEM requirements.Profits remained flat at 3crs.A new production line has recently been implemented in Tumkur plant and the additional capacity should help the company improve the service levels to the existing and new customers.The Domestic Vehicle Industry is expected to continue its growth in thcoming years in view of steady growth rate of GDP,rising number ofmiddle class and higher disposable income.With a favourable forecast of the monsoon, Farm Tractors Segment is likely to continue its growth and will be closely monitored by the company for timely ramping up of Capacity.The company has a very tiny equity of 2crs and thus it suffers from low liquidity.It carries a huge reserves of 23crs which makes it an ideal bonus candidate.If that happens company should make a strong upward move.Any solid numbers too would help the stock price bigtime.Expected EPS for 2013 is 30rs.

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

2012-01-08T05:05:00.000-08:00

Scripscan:Kirloskar Ferrous Industries Ltd
cmp:20
Code:500245

Story:Kirloskar Ferrous Industries limited (KFIL) is a part of the diversified Kirloskar Group. The company is promoted by Kirloskar Oil Engines Limited (KOEL) and Shivaji Works Limited (SWL). KFIL was incorporated in 1991 as a public limitedcompany and operates in one segment, namely iron and castings.The company has two manufacturing facilities located at Koppal (near Hospet), Karnataka and Solapur, Maharashtra.KFIL’s revenues increased from ` 807.0 crores in FY10 to `1089.1 crores in FY11, representing a robust y-o-y growth of about 35%. However, the cost of goods sold as percentage of sales also increased from 72% in FY10 to 79% in FY11 which reflected in PAT declining to `48.3 crores in FY11 from ` 49.1 crores in the previous year.KFIL has no debt in its capital structure which reflects comfortable financial risk profile as compared to other players in the industry.Its a good hold at present levels.Any great numbers in the coming quarters would see the stock shooting up.

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

2012-01-06T06:03:00.000-08:00

Scripscan:Adarsh Plant Protect Ltd
cmp:5
Code:526711

Story:The operations of the Company are in manufacturing of Plant Protection Equipments and also in the business of Windmill Frames and trading in Solar Energy Items.With the single product - the Plant Protection Equipments and with the income from the sale of only these Products,the margins are always under pressure;however the management has taken efforts to improve overall performance of the Company and has developed Seed Dressing Drums which has received good response.Adarsh has received some small orders in the last few quarters but owing to high costs the company has remained in losses.Its trading at its book value level which gives some comfort.Until and unless the company shows huge spike in earnings it would remain among the "average penny stock" fraternity.Promoters are decent with some vision in the eye.Anything related to agriculture would attract much attention going forward as there's hardly any listed stock to talk about.Remains a hold at present levels.

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

2012-01-06T05:57:00.000-08:00

Scripscan:Esab India Ltd
cmp:470
Code:500133

Story:Esab India is a story which we broke out for Elantas Beck where the parent itself is a de-listing candidate. We will not see robust returns like what we saw in Elantas Beck because the free float is available right now is close to 45%.Recently, Melrose came out with a open offer with 780 pence for the parent Charter Plc which is a holding company for Esab Holding Pvt Ltd which is a parent for this particular company, Esab India. There will be a revised offer from Melrose some where around 930 to 940 pence which is substantially 20-25% premium to their last bid. It makes a lot of sense for Melrose to acquire this particular asset that Charter owns and they have got potential that will give them higher return on assets. If I look at the annualized equivalent value if at 930 they would be paying close to 7.5-8%. On the other hand ESab India is available at 14.65% in terms of EV. Annualised value if I try to take an arbitrage it takes around 11.5-12% that gives a target of Rs 640. In terms of fundamentals, even if there is no offer for Charter Plc by Melrose in terms of revision, they would still do an EPS close to Rs 44-45. A company which is going to pay Rs 20 of dividend a parent like Charter which even has got a potential to go to a better parent Melrose I think this stock is a portfolio bet.At current levels if there is an 20% open offer that means the float from the market would be squeeze totally because the remaining float will be in a very strong hands. Then the story will begin because there will be hardly any float left.We have a target of Rs 1,000 if there is an open offer from Melrose. We will definitely ask our investors not to tender into the stocks because roughly we feel that open offer can come somewhere around Rs 550 to 600 depending upon the conditions. But on longer term this stock is a portfolio bet from our side.

Maharaja Shree Umaid Mills Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-06T05:53:00.000-08:00

Scripscan:Maharaja Shree Umaid Mills Ltd
cmp:470
Code:530059

Premiuminvestment says:Maharaja Shree Umaid Mills is a spinning cum composite textile mill, manufacturing yarns and fabrics. This closely held company, with 74.83% stake held by the promoters, the stock is up after it announced a surprise new year gift for its shareholders – a bonus in the ratio of 2:1.Despite the bonus what is interesting to note is that the company had a net loss of Rs.6 crore for Q2FY12. A look at the half year performance indicates that the loss was big enough to wipe out its gains made in Q1 and end it in the red. For H1FY12, the company posted a net loss of Rs.5.61 crore as against the net profit of Rs.133 crore in H1FY11. The rise in the topline for first half was up 10% on a YoY but raw material cost was up 43%. But at the end of H1FY12, it was sitting on a reserves of Rs.295.36 crore. Market cap currently stands at Rs.447 crore.Liquidity is too tiny but surely after xbonus with adjusted stock price it would have some volumes.It remains a hold under the present juncture.

J.K. Agri Genetics Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2012-01-06T05:27:00.000-08:00

Scripscan:J.K. Agri Genetics Ltd
cmp:240
Code:532518

Story:JK AGRIGENETICS is a member of JK group companies established in Hyderabad in 1989. Earlier it was part of JK Tyre and Industries and later de-merged into a separate company.This company is engaged in research and development, production, processing and marketing of hybrid seeds of Sorghum, Pearl Millet, Maize, Cotton, Rice, Sunflower, TomatoOkra and Hot Pepper. Products are selling under the brand name 'JK SEEDS'.Company is collaborating with various national and international agricultural universities for bringing latesttechnology in seed development.In 1999company set up a Bio tech lab of international standards at Hyderabad with 15 scientists .Its Hyderabad plant having a capacity to process 100 ton seeds per day. Company is selling seeds of Cotton,Bajra,Maize,Jowar,Paddy ,Sunflower, Castor,Mustard,Wheat,Redgram and Soyabean.It also producing seeds of vegetables like Tomato,Bhendi, Chilli,Bottle Gourd,Water Melon,Radish,Cabbage,Sweet Corn,Cucumber and Coriander.In 2006 ,company planned to de-merge into two- Seed division and Investment division . When we dig deep into the investment division it is amazing to see the value in it.This division holding shares of JK Lakshmi Cement,JK Paper,JK Tyre,Umang Dairies,Bengal Assam Company).Other than this it also holding shares in unlisted companies like Fenner India,Udaipur Cement,Florance Alumina ..Etc. All together its investment portfolio worth over Rs.140 Cr in current price. Remember, its total shares issued are only 3,506,510 and when we divide its investmentportfolio for these share ,what should be the value of each share of JK Agri.(Approx.Rs.400/- each) Anyway company's plan was to de-merge it in a manner so as a share holder will get 60 shares of seed company and 40 shares of Investment company. Company's proposal was earlier rejected by Court due to complaints by somesharholders, and company now filed an appeal to the division bench. It is expected that Company is planning to de-list the investment company after de-merger.I believe, If such a reverse book building happens ,one can recover entire investment (at current rate) by just surrendering the shares of investment company alone and keep the shares of seed company cost free. In nut shell at CMP of Rs 240/- you aregetting a company from JK group operating in a high potential Agri sector plus part of 140 Crore investment at a market capitalization of just 85 Crore.
Source:Valuepick

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

2012-01-06T05:14:00.000-08:00

Scripscan:Hanil Era Textiles Ltd
cmp:2
Code:500177

Story:Hanil Era Textiles Limited manufactures and sells yarn and fabrics in India. Its products include acrylic yarn, acrylic/cotton 50:50 raw white yarn, acrylic/wool 70:30 and 50:50 raw white yarn, carded and combed cotton raw white, polyester raw white yarn, polyester/viscose raw white yarn, viscose raw white yarn, polyester/cotton raw white yarn, cotton/silk yarn, and nylon/polyester filament and polyester slub yarn. The company also engages in the production of ethanol. Hanil Era Textiles Limited exports its products to Bangladesh, Kenya, Canada, South Korea, China, Mexico, Cyprus, Morocco, the Czech Republic, Nigeria, Egypt, Portugal, Ethiopia, South Africa, France, Spain, Hong Kong, Tanzania, Israel, Tunisia, and Italy.The Company has improved labour welfare and working conditions and is looking forward to improve capacity.The local market for yams and fabrics is better. The Company is in discussion with the lenders for restructuring its debts and also OTS.Company sales and profits have dropped continously over the last few years owing to low capacity utilization.I have some respect for this company for some personal reasons,investors having it should hold.At 2rs one has got nothing to loose.

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

2012-01-06T05:07:00.000-08:00

Scripscan:Haldyn Glass Ltd
cmp:11
Code:515147

Story:Haldyn Glass Ltd manufactures and sells glass bottles and containers in India. It offers clear glass vials of various shapes and sizes to package injectibles, eye-drops, ear-drops, and other life saving drugs in the pharmaceutical industry; and clear bottles for packaging in liquor manufacturing, cosmetics, and food and beverages industry. The company was formerly known as Haldyn Glass Gujarat Limited and changed its name to Haldyn Glass Ltd in November 2011.Its a consistent dividend paying company.Current Market Cap Rs 60crore.Sales has grown by more than 20% CAGR in last 5 years to Rs. 156 crores in FY 11.Some quarters back one of the promoter companies having 10% stake i.e Gujrat Industrial Development Corporation sold its 2% stake in open market in a gradual manner. In a swift move, the other promoters bought out the balance 8% in an off market transaction when the then market price was around Rs. 17.There is no information available on current production capacity and future expansion plans. But given the growth achieved by the company, it seems that the management will be well tuned to meet future demands.

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

2012-01-05T07:44:00.000-08:00

Scripscan:Torrent Cables Ltd
cmp:70
Code:523856

Story:Torrent Cables Limited engages in the manufacture and sale of power and insulated cables in India. The company offers insulation, metallic screen, fillers, innersheath, water blocking tape, armoring, and outersheath cables. It serves petrochemicals, fertilizers and chemicals, energy, cement, steel and aluminum, ports, railways, infrastructure, engineering and construction, fast moving consumer goods, information technology, and aerospace industries.The company has performed exceptionally well in topline as well as bottomline over the last few years and the same trend is expected to continue going forward.On a fy13 earning basis its quoting at an attractive low single digit multiple.Net profit of Torrent Cables rose 14.89% to Rs 2.16 crore in the quarter ended September 2011 as against Rs 1.88 crore during the previous quarter ended September 2010. Sales rose 7.28% to Rs 65.42 crore in the quarter ended September 2011 as against Rs 60.98 crore during the previous quarter ended September 2010.The company suffers from low liquidity which under the present environment is a concern.Any charming future quarter numbers from the company would certainly help its stock price to climb new northward levels.Negligible debt with huge reserves provides lot of comfort under the present juncture.

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

2012-01-05T07:40:00.000-08:00

Scripscan:Wockhardt Ltd
cmp:260
Code:532300

Story:Wockhardt Limited, a pharmaceutical and biotechnology company, engages in the manufacture and marketing of pharmaceutical products worldwide. It offers steriles, including vials, ampoules, cartridges, lyophilized products, cephalosporins, and pre-filled syringes; biotech products comprising yeast, e-coli, and mammalian cell formulations; oral products, such as tablets, capsules, liquids sachets, pellets, and suspensions; topical products, including creams, ointments, powders, and gels; and active pharmaceutical ingredients, including sterile cephalosporins, chemical synthesis, and peptide synthesis, as well as spray-dried nutrition, denture cleansing tablets, and fixative cream. The company’s biopharmaceutical products include Biovac-B, a hepatitis B vaccine; Wepox, a recombinant erythropoietin for the treatment of anemia; Wosulin, a recombinant human insulin; Wosulin Pen & Cartridge, an automatic insulin delivery device; and Glargine, a novel long-acting insulin, as well as growth stimulating factors. Its products under development comprise WCK 771, an antibiotic that is in Phase II human clinical trials for treating staphylococcal infections like MRSA and VISA; and WCK 1152, which is in Phase I clinical trials to treat respiratory tract infections, including hospital-acquired infections.After having been in the news for all the wrong reasons, Wockhardt has managed to turn the flow in its favour to a great extent last year. While it still carries a huge debt on its books, it has managed to improve its balance sheet in the last six months that seems to have enthused the stock markets. Its debt-to-equity ratio was 2.6 times at the end of the September quarter against 3.4 times seen in March. What has also earned it brownie points is its improved business and cash flows. For the quarter ended September, the pharmaceutical company reported 18 per cent increase in sales to Rs 1,111 crore, helped by growth in its key markets of US, Europe and India.This helped it turnaround its loss of Rs 97 crore in the second quarter of last year to a consolidated net profit of Rs 128 crore this quarter.While volatile exchange rates could dent profitability in the coming quarters, expectations of a debt reduction using the proceeds from the sale of its nutrition business and brands to French Dairy giant Danone SA has buttressed the stock. But for the Rs 320 crore odd that could go to Carol Info Services, a large portion of the sale price of Rs 1,600 crore would accrue to Wockhardt.

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

2012-01-05T05:10:00.000-08:00

Scripscan:SE Investments Ltd
cmp:205
Code:532900

Story:SE Investments Ltd is one of the leading companies in the category ‘A’ classified NBFC by RBI specialized in micro finance and other lending activities viz hire purchase, personal loan, loan against property to both individuals and corporates. The company has a dominant presence in the Northern part of the country specially NCR. We expect micro finance activities to continue to be a lucrative business owing to easy access to small loans and the low penetration of banking systems in India. The company also offers very lucrative deposit schemes for individuals with an average interest rate of over 12.5 percent.The company has a balanced mix of corporate and individual loan portfolios where the average yield is between 18-28 percent. The loan amount for micro finance ranges between Rs 2,000-50,000, is dominated by women and has very negligible number of defaults. The corporate loan portfolio is classified into business loans, which is secured in nature with average maturity period of 12-36 months.The average default rate for entire loan portfolio is less than 1 percent of gross outstanding loan and SE investment follows very strict norms of bad debt treatments. The company has various collection schemes viz daily, weekly and monthly on reducing balance where the average yield is as high as 28 percent.According to NABARD, the current micro credit by micro financial institutions is at Rs20,000 crore whereas the total micro credit demand is estimated at Rs2.4 lakh crore, creating a huge gap and scope for exponential growth in micro credit. Majority of this demand is met through local money lenders charging very high interest rate up to 60 percent pa thus encouraging MFIs to further penetrate through low cost loan offerings.Till date, a large number of poor people remain outside the formal banking system. The rural penetration in banks is less than 18% and the existing banking policies are far from meeting their needs. About 75 million households live below the poverty line and the annual credit demand by the poor exceeds Rs 70,000 crores, out of which the cumulative disbursements is about Rs. 8000 crores. Only 5 % of rural poor have access to microfinance and the share of Microfinance in total credit of Indian Banking system is less than 1%. The Indian micro finance industry (MFI) would cross 11 crore borrowers and Rs 135,000 crore ($30 billion) in loan portfolio by 2014.At current price of Rs205 the stocks available at 8x at its FY13E earnings.

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

2012-01-04T22:56:00.000-08:00

Scripscan:TTK Healthcare Ltd
cmp:400
Code:507747

Story:TTK Healthcare Limited engages in pharmaceutical, consumer products, and medical devices businesses. Its Pharmaceuticals division deals in herbal and allopathic formulations in various therapeutic areas. The company offers female healthcare, pain management, neurotrophic, gastrointestinal, male and female fertility, nutritional, cardiac care, derma, respiratory care, and urinary specialty products, as well as calcium supplements, delivery care injections, and haematinics. This division also provides veterinary products, including anthelmintics, anti infectives, antihistaminics, anti-inflammatory, oral calcium supplements, ectoparasiticides, fertility promoters, herbal liver tonics, vitamins, digestive tonics, herbal galactogogue, mineral mixture products, enzymes, toxin binders, and immunomodulators for veterinarians, hatcheries, poultry farms, dairy farms, and animal feed manufacturers. The company’s Consumer Products division involves in the distribution of products marketed under its own brands, including Woodward’s Gripe Water and baby bath soaps; EVA deodorants, talc, and lip care products; Good Home air fresheners and scrubbers; Durex and Kohinoor brand of condoms; and the Scholl range of foot care products. Its Medical Devices division manufactures and distributes bio-prosthetic valves, heart valves, vascular grafts, coronary stents, and stents for aneurysm repair; and orthopedic implants, including total knee replacement systems. The company also produces maps and map-based publications; and manufactures potato and cereal based pellets.TTK Healthcare appears to be one of the most interesting rerating candidate with brands like Eva and Woodward's among other things in the package.Under the “EVA” brand the company has launched skin care, moisturizer, perfumes etc. The competition is quite strong in these segments but the overall growth has been satisfactory.With market cap of 300 Crs it doesn't appear too expensive, considering that they have done very well in the last two years and once might expect them to continue the performance as there doesn't seem to be any cyclical nature in its business.This company is also debt free and well established company with a top line of over Rs 400 crore and expected EPS of 20.The company is interesting as its present market cap of Rs 300 cr does not capture the possible “sum of the part” valuations of all its divisions. The company is available at dirt cheap price and a possible value unlocking can increase the shareholder value immensely.One can buy it with an expected CAGR return of 25% for the next 5 years.

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

2012-01-04T22:43:00.000-08:00

Scripscan:Ricoh India Ltd
cmp:27
Code:517496

Dipaksen says:Ricoh India Limited (RIL) is one of India’s leading sellers of office automation equipment like copiers, printers and multifunctional devices. It is the subsidiary of Ricoh, Japan, one of the world’s leading players in the office automation industry. The parent company owns 73.9% of the equity of Rs 39.7 crore.The Indian office automation market is one of the fastest growing in the world and being driven mostly by BFSI sector (banking/financial service/insurance etc). The Industry in all likelihood will continue to grow in foreseeable future.Ricoh (Japan) used to operate two units in India , Ricoh India and Gestetner India ( manufacturer of duplicating machines). Few years back, Gestetner India was merged into Ricoh India. The duplicating division was closed and all the employees were given VRS. The cost of closure was charged in the accounts of Ricoh India already. The goodwill arised out of merger was written off in the accounts and as on 31.3.09, entire Goodwill amount was already written off in the accounts.One interesting aspect of sales mix of Ricoh is that over the years, the share of service revenue as compared to the revenue from products sales are increasing. This is interesting as the service division enjoys higher EBITDA margin as compared to the margin from product sales. Ricoh will benefit from higher sales of consumables like toners, cartridges and also from higher fees from annual maintenance contracts.Ricoh looks more attractive from the balance sheet point of view. It’s debt free , Fixed assets are almost depreciated. As it imports most of its products, its capex requirements are very negligible. Working capital requirements are moderately high due to large Govt sales.Now going forward, Ricoh is expected to report EBITDA of Rs 25-35 crore/year. With negligible capex and working capital requirement, there will be free cash flow of 12-18 crore/year (after paying of the corporate tax at full rate).Ricoh’s current market capitalization is at Rs 100 Crore ( at its current market price of 27 Rs ). Mkt cap to expected free cash flow is at 5 times, and is quite attractive.Ricoh is also a possible delisting candidate primarily because of two reasons.1)Outside Japan, it is the only other listed entity of Ricoh group.2)Given the current free cash flow generation, Ricoh India will have significant amount of cash in the balance sheet over next 1-2 years and that may prompt the parent company to go for delisting.Ricoh is a compelling value buy at the current price of Rs 27 and we may expect a 30-40% return over a period of 15 to 18 months.

A2Z Maintenance & Engineering Services Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view/outlook,multibagger

2012-01-04T22:33:00.000-08:00

Scripscan:A2Z Maintenance & Engineering Services Ltd
cmp:85
Code:533292

Story:A2Z Maintenance & Engineering Services Private Limited operates as an engineering, procurement, and construction (EPC) company in India. The company provides integrated design, testing, installation, construction, and commissioning services on a turn-key basis to the power transmission and distribution sector. It participates in projects involving rural electrification, railway overhead electrification, reduction of aggregate technical and commercial (AT&C) losses, feeder renovation, underground cabling, feeder segregation, installing high voltage distribution system and low voltage distribution system distribution lines, substations, and transmission lines, as well as undertakes the renovation and augmentation of existing distribution systems and provides EPC services for transmission lines and substations. The company also engages in generating power from renewable energy sources; providing municipal solid waste management services and facility management services; and developing information technology solutions for power utilities. It serves state distribution utilities, state transmission utilities, public sector enterprises, the Indian Railways, and state electricity boards, as well as state government entities and urban local bodies.One should note that the power sector on a whole has been out of favour for the investors’ fraternity and investors haven’t really taken a fancy to companies that are engaged in the biomass-based power generation space. Hence it is unlikely that this company would be able to attract much interest from investors, but the scrip may always remain under radar due to the fact that Rakesh Jhunjunwala has invested in the company.Investors would therefore do well to opt for this one for a period of 3-5 years horizon.Numbers too are expected to improve significantly going forward.

Few more websites of mine

2012-01-02T01:06:00.001-08:00

It was getting pretty hard for me to post notes of 5-6 companies in a day and to update them every now and then.Thus have hired few competent guys and gave them few more sites of mine to handle on my behalf.Each site would cater to a different sector and only relevant notes of companies would get penned.Hope the same would provide beneficial for you readers.The present arunthestocksguru.com blog would remain as usual and continue to see activity just like as always.

1)Banking:-http://bankpicks.blogspot.com/
2)Brokerages:-http://brokingpicks.blogspot.com/
3)Cement:-http://cementpicks.blogspot.com/
4)Education:http://educationpicks.blogspot.com/
5)Hotels:-http://hotelstocks.blogspot.com/
6)Infrastructure:-http://infrapicks.blogspot.com/
7)Landbank stories:-http://landbankpicks.blogspot.com/
8)Penny stocks:-http://penystockpicks.blogspot.com/
9)Pharma:-http://pharmapicks.blogspot.com/
10)Power:-http://powerstockpicks.blogspot.com/
11)Real estate:-http://realtypicks.blogspot.com/
12)Steel:-http://steelpicks.blogspot.com/
13)Textile:-http://textilepicks.blogspot.com/

Few more sectors are left and would be updated once the pending site work ends.

Regards,
ARUN.

Get in touch with me

2012-01-01T07:35:00.000-08:00

Dear friends,on behalf of http://www.arunthestocksguru.com/ wish you & your loved ones a very blissful and successful new year 2012!!

If any of you are interested in having an interaction or want my daily updates.Do follow the mediums.

1)Facebook:http://www.facebook.com/#!/profile.php?id=609986487

2)Twitter:http://twitter.com/#!/arunstockguru

3)Orkut:"Arun sharebazar" is the community.

Regards,
ARUN
9804589299
I can be reached at:-arunsharemarket@gmail.com

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

2012-01-01T07:27:00.000-08:00

Scripscan:IDBI Bank Ltd
cmp:77
Code:500116

Premiuminvestment says:IDBI Bank hit a new 52-week low at Rs.77.65 and it ended the day in the red. The stock was beaten down after the bank announced that the Govt is actively considering the bank's request for capital support and intends to infuse capital funds into the bank by way of preferential allotment of equity. This is in line with its earlier announcement of the Govt agreeing, in principle, to convert the Tier-1 bonds of Rs 2130.50 crore issued to the government by IDBI Bank into equity share capital, subject to all regulatory and statutory requirements. The Govt holds 65.13% stake in the Bank.The bank had posted a good set of numbers for Q2FY12. YoY, its net profit was up 20% at Rs.516 crore. Its business was up 16%. Deposits rose 13% at Rs.1,74,441 crore and advances were up 20% at Rs.1,55,917 crore. The Bank's CAR (without considering half yearly profits) stood at 13.34% as of September 30, 2011. During festival season IDBI Bank had come out with multiple customer friendly offers on home and auto loans. These ‘offers’ close tomorrow, 31st Dec and it would be interesting to see how its numbers pan out in Q3. H1FY12 EPS is at Rs.8.64, discounting the current price by PE of over 9 times and the annualized EPS by less than 5 times.

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

2012-01-01T07:23:00.000-08:00

Scripscan:Stone India Ltd
cmp:28
Code:522085

Story:Stone India Limited manufactures locomotive brake systems and a range of mechanical and electrical products for the railroad industry in India. It offers pneumatic brake systems for carriage and freight stock for railway rolling stock operation, as well as supplies brake slack adjusters and equipments, including brake cylinders, angle cocks, dirt collectors, and hoses. The company also manufactures locomotive brake systems for diesel and electric locomotives; twin tower heatless regenerating type air dryers for electric and diesel loco brake systems; and centrifugal lube oil filters. In addition, Stone India manufactures electro-mechanical, electrical, and electronic products, including brushless alternators, electronic regulators, rectifier regulators, and pantographs used in railways.The stock was in the news recently after the company signed an agreement with UK-based Turbo Power System for joint development of permanent magnet based coach power generation system for high speed coaches of Indian Railways. Last week, the company had announced having received an export order worth $1.3 million for freight car upgradation.For Q2FY12, on a consolidated basis, Stone India's net profit rose 30% a Rs.1.56 crore on a 17.3% growth in net sales at Rs.27.45 crore on a YoY. The company is engaged in manufacturing equipment for railways and this stock usually see’s a spike in the stock price before the Railway Budget. This Goenka group company is doing well and in H1FY12, EPS was at Rs.3.24 and this discounted the current price by 8 times and annualized EPS by just over 4 times.A good hold at present prices.

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

2012-01-01T07:11:00.000-08:00

Scripscan:R S Software (India) Ltd
cmp:43
Code:517447

Story:RS Software is a Kolkata based IT company focussing on electronics payment domain. They have their own products which they sell as solutions.Some of the clients they have served is Visa, Visa EU, Visa CEMEA, Maclane, Pemco, Vignon.It became debt free last fiscal and also paid a dividend.As of Sept, good reserves and surplus of 48 cr, cash of 4.66 cr, net current assets of 53 cr. and investments of 3 cr. This is against a market cap of 48 cr. If the numbers are not cooked then these numbers seem quiet good.PE, EV/SAles, EV/EBITDA, MCap/Sales are quiet low and to me it looks a value buy at this stage.Margins have improved last few years with NPM in FY11 at 11.21 and OPM at 16.42.Free cash flow of 15 cr. was generated in FY11. This also has been increasing last few years.The return ratios are impressive and have grown in the last few years.However on the negative side its depends heavily on a single client Visa. Visa is served by CTS and IBM also in this domain. RS Software's relationship with Visa is 19 years old.Also the present promoter holding is quite low at 28%.However the promoter has increased stake by buying from mkt in September this year.They have also set up a payment lab in Kolkata and are focussing on mobile payments. From what I gather there is a solution here that they are working on which has patent pending.Their engagement with Scott Loftesness would be regarding, he is considered an expert in this domain.The stock might not have moved in the last few years because early investors like WBIDC etc. would have exited and hence liquidity might have been high. This is again a guess, I might be incorrect here.With the cash and ROE they are generating if they are able to maintain then next year can probably see a good dividend or an acquisition both of which should augur well for the company.
Source:Valuepicker

Get lifetime membership/Trading account

2011-12-29T07:44:00.000-08:00

If anyone of you wish to get associated with me for lifetime do come up fast to get the motilal oswal online trading account done at the earliest.Account opening procedure is very easy and hassle free.Just courier me the below mentioned documents and your account would get done in 3-4 days.No matter where you stay in India or in any part of the world you can always have an account with my firm.All tips and guidance would be provided free for lifetime.Membership for the happening brokerage blog and "PAID CALLS" too would be provided for "FREE".

The account would be in motilal oswal.Check the demo at
onlinetrade.motilaloswal.com

1)Charges would be around 1000rs for onetime including the demat+amc+account opening charges.From 2nd year the charges would be 400rs.

btw:The account can act as your portfolio management account too where all transactions would be done from my end on your behalf,If you wish at all.

So here is what you need to courier me for an online trading account:-

1.PAN Card zerox
2.Address proof(Voter card/Passport/telephone bill/Ration card/driving license/Latest Bank Statement with Bank seal)
3.Two Photos
4.One cancelled cheque(A cheque which you need to criss-cross or simple write cancelled)
5)A margin cheque of 1000rs to be drawn in favour of Motilal Oswal sec.

In a piece of paper do write your:-
1)Qualification
2)Occupation
3)email id
4)Cell number
5)If you work for a company,its name and address.

btw:Please self attest/sign the xerox copies of the documents and the cancelled cheque.

Address where you will courier:-debjyoti is the broking partner of mine.

Debjyoti Gupta
Flat No-E,Ground Floor
1/1,Dover Lane,Garia hut
Kolkata-700 029 Phone: (office)0091-033-24630125/64506292 (Res)0091-033-24643793
Cell No-9830352795/9230529459.

Hope to have your active support folks.Sent these to me and I assure all of you would have a gala time.

Regards,
ARUN
9804589299
I can be reached at:arunsharemarket@gmail.com

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

2011-12-29T06:12:00.000-08:00

Scripscan:JVL Agro Industries Ltd
cmp:13
Code:519248

Story:JVL Agro Industries, formally known as Jhunjhunwala Vanaspati was up in the green yesterday, up 3%. The stock rose after the company announced that expansion at its Alwar plant was to be implemented before the next season of mustard seed, starting in February/March 2012. Post this expansion, its mustard seed crushing capacity will increase from 200 metric ton per day (MTPD) to 400 MTPD, which in turn, will reduce the company's dependence on others for the feed for solvent extraction plant. The capacity of company's solvent extraction plant will increase from 250 MTPD to 450 MTPD. The storage capacity of seed will increase by 4,400 metric ton (MT) by installing new silos. This will help in increasing the seed storage capacity in the plant and reducing the storage/handling/wastage expenditure incurred on storing seed outside the factory in private warehouse.The company has been a steady performer. For Q2FY12, on sequential basis, topline rose 13% at Rs.690 crore and net profit was up 15% at Rs.18.53 crore. H1FY12 net profit is at Rs.35 crore as against Rs.54 crore in FY11. Q3, seasonally is a good quarter too. Hence one can expect the company to surpass its FY11 numbers in current fiscal. But it remains a small cap company and given its meager margins it may not attract much attention.Though remains a good hold at present prices.

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

2011-12-29T06:10:00.000-08:00

Scripscan:MBL Infrastructures Ltd
cmp:112
Code:533152

Story:The stock has been in the news lately, with four consecutive days of a strong rally. Yesterday, the stock closed 7.63% higher at Rs.114.90. The reason for this build-up was the announcement of five orders. The company secured five orders totaling Rs.315.80 crore. The orders were from NHAI, Rail Vikas Nigam, HUDA, PWD Haryana and NBCC.Engaged in execution of civil engineering projects with specialisation in roads & highways, on the financial front, the going in Q2 has been tough. It reported a very marginal rise in earnings in Q2 but given the state of the economy, that was good too. Consolidated net profit Ton a YoY was up 1.78% at Rs.8 crore on a 25% rise in total income. But sequentially, net sales showed a 50% drop and net profit slumped 60%. Poor topline toppled the entire fruit cart. Hopefully these order flows will better the earnings in Q3 but expecting too much would be naïve.

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

2011-12-29T06:08:00.000-08:00

Scripscan:Gontermann Peiper (India) Ltd
cmp:11
Code:504701

Story:Gontermann- Peipers (India) is very much in the news. The buzz around the stock is that its promoters, brothers, Vinod and Pramod Mittal, younger brothers of steel tycoon Lakshmi Narayan Mittal are scouting around for a buyer for the company, which makes rollers for steel mills. The Mittals own 56.13% stake in the company. The news is that they had approached Sajjan Jindal with a proposal for the buyout but it did not go through. But that is understandable given the company’s financial health, or rather, lack of health.In the first two quarters of the current fiscal, in Q1 and Q2, the company was in the red. It had posted a net loss of Rs.3.91 crore in Q1FY12 and in Q2FY12, the net loss was at Rs.2.90 crore. The fact that it remains in the low levels of around Rs.11 despite the news of possible sell out is due to the investors who are peeved at the company’s plans, which included an unrelated diversification into setting up a commodity bourse, announced a year back but not pursued in right earnest. It recently expanded its capacity by 5700 tonnes to 21,000 tonnes and the plant went on stream at Pailan in West Bengal. Though the company is fundamentally strong, being the the largest steel roll manufacturer, management is the cause for disenchantment. Keep a watch on the counter as buyout news could spike up the stock.

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

2011-12-26T07:32:00.000-08:00

scripscan:Indiabulls Wholesale Services Ltd
cmp:5
Code:533520

Story:Indiabulls Wholesale Services, Ltd. operates as a retailing company in India. The company was founded in 2007 and is based in New Delhi, India. Indiabulls Wholesale Services, Ltd. operates as a subsidiary of Indiabulls Real Estate Limited.Hardly any financial or numbers exist to support its present price.I presume just because of the Indiabulls tag its still trading with fair volumes in the bourses.There's nothing at all to speak about the company.Just exit it fully at rallies.

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

2011-12-26T06:28:00.000-08:00

scripscan:Balaji Telefilms Ltd
cmp:32
Code:532382

Story:Balaji Telefilms Limited, a media company, provides entertainment content primarily in India. The company engages in the production of content for the television industry, including television serials, commissioned programs, and sponsored programs in Hindi, Tamil, Telugu, Kannada, and Malayalam languages. It also involves in the production and distribution of motion pictures and feature films; provision of digital entertainment, which comprise mobile and Web entertainment content; development of iPhone Apps, an application with professionally recorded stories and aartis in Hindi; and operation of ICE Institute of Creative Excellence that provides training for careers in media and entertainment industry.It plans to sell its non core divisions to concentrate more on its profitable businesses.Balaji Telefilms reported net loss of Rs 0.70 crore in the quarter ended September 2011 as against net loss of Rs 6.40 crore during the previous quarter ended September 2010. Sales declined 6.85% to Rs 35.47 crore in the quarter ended September 2011 as against Rs 38.08 crore during the previous quarter ended September 2010.The company soon hopes to get back in green which if at all happens would help the company to settle at higher prices.

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

2011-12-26T06:04:00.000-08:00

scripscan:Dr Reddys Laboratories Ltd
cmp:1580
Code:500124

Story:The company aims to nearly double its revenues on the back of a strong product pipeline. While it is doing well in North America and Russia, it will need to turn around the performance of its European & Indian businesses.Dr Reddy''s Laboratories, the second-largest pharma company (by sales) in India, is at an inflexion point. Its robust performance in the US and Russia is driving its growth. The second half of the fiscal is likely to be better for the company than the first one --characterised by more product launches and increase in market share.DRL has targeted revenues of $3 billion and a RoCE of 25% in FY13. The company has a strong pipeline with 76 pending ANDAs (17 tentative approvals). It has 40 Para IV filings of which 11 have first to file opportunities. The company is focussing on scaling up manufacturing and having a higher mix of US generics in total global generics. In Germany, the company has undertaken cost control measures, and has commenced supplies to AOK tenders and launched new products outside the scope of tenders. Its effect would be visible from the current quarter.DRL has a tie-up with GSK to develop and market select products across emerging markets outside India. The company''s stock is trading at 23 times its consolidated annual earnings. These valuations are lower than its better-performing peers like Sun Pharma and Cipla.

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

2011-12-26T05:54:00.000-08:00

scripscan:Manaksia Ltd
cmp:43
Code:532932

Story:Manaksia Limited (formerly Hindusthan Seals Ltd., incorporated in 1984) is a multi-division and multi-location conglomerate. It possesses 15 manufacturing plants in India and three abroad; two in Nigeria and one in Ghana.Manaksia specialises in the manufacture of packaging products (crowns, closures and metal containers), metal products and fast moving consumer goods, among others.The company's metal packaging products include crowns, roll-on pilfer-proof closures, expanded polyethylene liners as well as push-open and other metal containers. In the fast moving consumer goods segment, the company is a dependable mosquito repellents outsourcing destination for the Mortein (owned by Reckitt Benckiser (India) Limited) and Maxo (owned by Jyothy Laboratories) brands.Manaksia claims to be the largest player in secondary aluminium rolling in India. Going forward, the company plans to focus on its metal business, which mainly consists of steel and aluminium-rolled products. This would give the company economies of scale and helps it to reduce raw material costs, thereby resulting in steady operating margins. A diverse product portfolio and wide geographical reach, both domestically and internationally, has helped the company to significantly derisk its business.The outlook for metal industry globally is bright. Sustained growth is expected across all key segments aided by several factors such as growing demand, investment in capacity addition, increasing supply deficit in certain countries and favorable government regulations.With the green shoots visible in the Indian and the world economies, the company is poised to take advantage of the growths in the specific sectors of construction, automobile and consumer goods. Manaksia is likely to post an EPS of Rs 25 in FY13. At the CMP of Rs 43, the share is trading at a P/E of less than 2 times its forward earnings.

CORE Education & Technologies Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2011-12-26T05:48:00.000-08:00

Scripscan:CORE Education & Technologies Ltd
cmp:260
Code:512199

Story:CORE Education & Technologies provides exhaustive range of products and solutions spanning across all stages of education - K12, higher education and vocational training courses. During the quarter ended, the robust growth of Net Profit is increased by 40.01% to Rs. 749.60 million. During the quarter, the Company changed the name from ‘Core Projects & Technologies Limited to ‘CORE Education & Technologies Limited’’, w.e.f. 17 Aug. 2011. CORE has bagged contract from Gujarat Govt. to implement Computer Aided Learning (CAL) in 3236 Primary Schools for Rs 124 crores. Net Sales and PAT of the company are expected to grow at a CAGR of 24% and 28% over 2010 to 2013E respectively.The company has reported net profit of Rs 749.60 million for the quarter ended on September 30, 2011 as against Rs 535.39 million in the same quarter last year, an increase of 40.01%. It has reported net sales of Rs 3532.22 million for the quarter ended on September 30, 2011 as against Rs 2791.44 million in the same quarter last year, a rise of 26.54%. Total income grew by 26.48% to Rs 3544.91 million from Rs 2802.82 million in the same quarter last year. During the quarter, it reported earnings of Rs 6.78 a share.At the current market price of Rs 260, the stock is trading at 9.6 x FY12E and 8.3 x FY13E respectively. Earning per share (EPS) of the company for the earnings for FY12E and FY13E is seen at Rs 27.78 and Rs 32.77 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 24% and 28% over 2010 to 2013E respectively. On the basis of EV/EBITDA, the stock trades at 5.45 x for FY12E and 4.70 x for FY13E. Price to Book Value of the stock is expected to be at 2.02 x and 1.63 x respectively for FY12E and FY13E. We expect that the company will keep its growth story in the coming quarters also. We recommend ‘BUY’ in this particular scrip with a target price of Rs 311 for Medium to Long term investment.
Source:Firstcall

Paid service for positional calls(only in small and midcaps)

2011-12-25T08:06:00.001-08:00

People looking for positional call professional service may rush a mail at my mail id
arunsharemarket@gmail.com to know more about it.

Regards,
ARUN

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

2011-12-25T08:02:00.000-08:00

scripscan:Dazzel Confindive Ltd
cmp:3
Code:531270

Story:These one is a special hotchpotch case.Dazzel Confindive Ltd is engaged in the business of Construction,Computer education and trading of stocks and securities.Now lets use a bit of logic.When large and renowned construction companies are reeling with losses and stiff competition these company seems to have no concern at all.Even when I tried to make my best attempt in the phone call the company people simply reverted back by saying that they are hopeful of making the most of our Jago India story(God knows what was it).Lets come to computer education,you people ever heard of these computer education course from your children?We have heard of jetking,aptech,niit you name it and I would say yes.But dazzel conf?Who dazzel?Isnt it?.Overlooking the above two business lets talk about the exciting one-Stock trading business.Never knew I can open a company to list in bourses which would simply do stock trading.90% of the traders looses bigtime in trading,7% breakeven and am yet to hear about the rest of the fraternity.Who knows may be dazzel falls under the remaining 3% category?Jokes apart,Sell the albatrosses to have a fair sleep at night.

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

2011-12-25T07:54:00.000-08:00

Scripscan:Reliance Industries Ltd
cmp:740
Code:500325

Story:Reliance Industries Limited (RIL)’s current price adequately captures the KG-D6 volume concerns and as also company’s spat with the oil regulator on cost recovery from its KG-D6 basin.I have moderated RIL’s KG-D6 volumes to 41mmscmd in FY12 from 47mmscmd earlier and assumed the same volume for FY13E-FY14E period.However, real risk of reserve potential in KG-D6 basin poses concern for the company which I believe has been priced in given the subdued performance of the stock since the beginning of the decline in its output last year. Even if the regulator disallows the reported $1.2bn cost recovered by the RIL, the value destruction from the same comes out at Rs 16/share while the stock has corrected Rs 40/share till date post arbitration notice announced on 28th Nov’11.Since around 60% of RIL’s revenue is export oriented and product prices are market driven denominated in dollar terms, depreciating rupee will be beneficial for the company. In this regard,I worked out exchange rate sensitivity on RIL’s earnings and valuation and found that with every Rs 1 change in exchange rate, my EPS estimate for FY13E and TP changes by Rs 2 and Rs 42 respectively. At current exchange rate of 52, EPS estimate for FY13E comes out to Rs 81 with target price of Rs 1093/share. However, for Apr-Nov’11 period, USDINR exchange rate averaged at 46.45 and I assumed exchange rate of 46 during FY12E-FY14E period. At base case exchange rate of 46, EPS for FY13E stood at Rs 67.At CMP of Rs 740, the stock is trading at P/E and EV/EBITDA of 10.9x and 6.2x FY13E EPS and EBITDA of Rs 65 and Rs 403680mn respectively. The stock’s recent correction was on account of its controversies surrounded to its bejeweled KG-D6 block (falling gas output, capex spends, PSC drilling plans etc).I believe the correction on account of KG-D6 is overdone and at current levels there is limited downside risk in the stock.

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

2011-12-25T07:50:00.000-08:00

Scripscan:Triveni Turbine Ltd
cmp:34
Code:533655

Story:Triveni Turbine Ltd (TTL), part of the Triveni Group is a leading industrial steam turbine manufacturer upto 30 MW with over four decades of experience. TTL was formed in October 2010 after Triveni Engineering & Industries Ltd demerged its steam turbine business unit into an independent entity. Post the demerger the stock got listed on October 28, 2011. TTL’s main business is manufacturing and selling steam turbines based on customers specifications. It also manufactures spare parts and provides after sales services for turbines manufactured by the company as well as others. The company commands a market share of 60% in India up to 30 MW range. TTL has done over 2,500 installations, in 18 diverse industries in 30 countries. The manufacturing facility is located in Bangalore and has an annual capacity of 150 (nos) turbines.TTL has formed a 50:50 JV with GE called as GE Triveni Ltd which will cater to the 30 - 100 MW steam turbine market. GE will market the products in the international market whereas TTL will do the marketing for the domestic market. According to management the market size for these products is estimated at $2.5 bn internationally and ~$300 mn domestically. The orders will be booked by the JV which in turn will divert 40 - 45% of that to TTL which is capable of in - house production. Only the bought outs will be managed by the JV. TTL plans to focus on the exports market (which is 11% of its FY11 topline) on the back of its JV with GE. The JV has recently won an order for a 35 MW turbine in the domestic market.The company has no significant capex plans or investment lined up in the near future. The management is confident of maintaining its margins going forward. TTL operates on a negative working capital because it receives 20% advance from all its customers and maintains low inventory. This trend will continue going forward. The current debt on TTL’s books is Rs. 73 cr and aims to be debt free by FY13. The management has given a guidance of 6 - 8% topline growth for FY12 and 14 - 15% growth in FY13. Based on our rough estimates, at CMP the stock trades at 12.8x its FY12E EPS. The JV with GE will be the key trigger of growth for the company as it enters the 30 - 100 MW turbine market. On the back of slow order booking in H1FY12, we expect TTL to post bad results in terms of its topline, however higher order inflows in the coming quarters will be a positive for the company for next year. We will have to wait and watch how the operations at the JV unfold in terms of order booking and execution.We are positive on the company on a long term basis.
Source:NB

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

2011-12-25T07:43:00.000-08:00

Scripscan:ISGEC Heavy Engineering Ltd
cmp:750
Code:533033

Story:The ISGEC Group, with a turnover of Rs.12 Billion, is a multi-product Heavy Engineering Company owned by the Saraswati Industrial Syndicate Ltd., a public company established in 1933 in India. During the quarter ended, the robust growth of revenue is increased by 53.92% to Rs. 8171.30 million. The Company changed its name from Saraswati Industrial Syndicate Ltd. to ISGEC Heavy Engineering Ltd. in August 2011. ISGEC Heavy Engineering Ltd. is certified with ISO 9001:2008 Approval by Lloyds Register of Quality Assurance. Net Sales and PAT of the company are expected to grow at a CAGR of 24% and 11% over 2010 to 2013E respectively.ISGEC Heavy Engineering Ltd has reported net profit of Rs 224.20 million for the quarter ended on September 30, 2011 as against Rs. 174.00 million in the same quarter last year, an increase of 28.85%. It has reported net sales of Rs.8171.30 million for the quarter ended on September 30, 2011 as against Rs.5308.90 million in the same quarter last year, a rise of 53.92%. Total income grew by 53.88% to Rs 8270.40 million from Rs.5374.70 million in the same quarter last year. During the quarter, it reported earnings of Rs 30.42 a share.At the current market price of Rs.750 the stock is trading at 6.8 x FY12E and 4.9 x FY13E respectively. Earning per share (EPS) of the company for the earnings for FY12E and FY13E is seen at Rs.113.01 and Rs.152.38 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 24% and 11% over 2010 to 2013E respectively. On the basis of EV/EBITDA, the stock trades at 3.28 x for FY12E and 2.62 x for FY13E. Price to Book Value of the stock is expected to be at 1.06 x and 0.88 x respectively for FY12E and FY13E.We expect that the company will keep its growth story in the coming quarters also.We recommend ‘BUY’ in this particular scrip with a target price of Rs.914.00 for Medium to Long term investment.
Source:Firstcall

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

2011-12-22T06:39:00.000-08:00

Scripscan:Suzlon Energy Ltd
cmp:18
Code:532667

Story:Apart from the sale of shares by promoters, the markets are also concerned about Suzlon’s high debt and repayment of its FCCB (foreign currency convertible bonds), due in the next year.For the September quarter, Suzlon’s consolidated volumes were up 21 per cent year-on-year at 715 Mw, helping revenue rise 34 per cent to Rs 5,131 crore. Operating profit margins improved over 500 basis points to 9.3 per cent. And, even as interest costs jumped 34 per cent, the company reported a turnaround, with a profit of Rs 48 crore against a loss of Rs 369 crore in the year-ago quarter.More important, order inflows at REpower grew a strong 57 per cent year-on-year in the September quarter. Suzlon’s consolidated order book grew 35.3 per cent to Rs 32,456 crore, almost two times its 2010-11 revenue and provides good visibility. In the past two days itself, REpower (152 Mw) and Suzlon (23 Mw) have bagged equipment orders worth 175 Mw.Meanwhile, am expecting decent growth in revenue in the current and next financial years, with profit growth likely to be stronger, led by improvement in margins. A Bank of America-Merrill Lynch report says Suzlon is likely to report a net profit of Rs 528 crore in the current year and Rs 763 crore in 2012-13. At the cmp of 18 it translates to a price-to-earnings multiple of just four times,reasonable in the given risk-reward equation. Unless the demand side plays havoc, the prospects appear to be improving.

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

2011-12-22T06:11:00.000-08:00

Scripscan:MVL Ltd
cmp:20
Code:532991

Story:MVL Limited engages in the development of real estate properties in India. It constructs and develops residential, commercial, hospitality, and township properties. For the audited full year, net profit rose 6.06% to Rs 16.97 crore in the year ended June 2011 as against Rs 16.00 crore during the previous year ended June 2010. Sales rose 8.12% to Rs 473.05 crore in the year ended June 2011 as against Rs 437.51 crore during the previous year ended June 2010. Its consolidated net profit fell 38.8% to Rs 2.24 crore on 4.8% growth in net sales to Rs 28.89 crore in Q3 September 2011 over Q3 September 2010.Under the high inflationary scenario interest rates would continue to be high affecting this type of companies severly.On valuation basis its still highly expensive,thus NAV would be the right way to value the company.At best its a hold at present levels.At levels of 18-20 it should find some strong support.

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

2011-12-22T06:01:00.000-08:00

Scripscan:Dion Global Solutions Ltd
cmp:35
Code:526927

Story:Dion Global Solutions has a portfolio of cutting-edge solutions and services for the international financial markets. The company recently acquired the entire issued share capital of Investmaster Group.Dion Global's management said the acquisition is part of Dion's strategy to become a leading provider of a comprehensive, diversified suite of solutions to financial markets worldwide.Investmaster has been a specialist provider of wealth management and stock broking software to the UK private client market for over 25 years. Their client base has combined assets under management exceeding £28 billion and over 800 users across the UK and Ireland.This transaction gives Dion a significantly increased presence in the UK and an established base upon which further expansion can be built.Investmaster's private client product suite complements Dion's existing range of products, which cover portfolio management, trading, settlement, risk management, analytics, treasury and research services.On a consolidated basis, Dion Global Solutions reported a net loss of Rs 12.25 crore in Q2 September 2011, higher than net loss of Rs 6.23 crore in Q2 September 2010. Total Income rose 22.2% to Rs 35.22 crore in Q2 September 2011 over Q2 September 2010.The company's scrip price would only rise after any outcome of robust future numbers.Till then it would remain an market underperformer.

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

2011-12-22T05:47:00.000-08:00

Scripscan:ABG Shipyard Ltd
cmp:395
Code:532682

Story:ABG Shipyard (ABG) reported revenues slightly ahead of estimates at Rs5,717m, a growth of 3% YoY and 13% QoQ. The sequential improvement was on account of better utilization of expanded capacities as execution for existing orders remained on track. EBITDA margins came in at 22.5%, an improvement of 320bps compared to Q1FY12. PAT grew 21% QoQ to Rs484m, although, down 14% on a YoY basis.Although no new order was bagged in Q2FY12, the company’s order book position continues to remain strong, with the unexecuted order book standing at Rs99.2bn as on September 30, 2011, providing it a visibility of ~5 years (based on FY11 revenues). The company delivered three vessels during the quarter, taking the H1FY12 tally to six vessels.Net debt at the end of H1FY12 for ABG increased by ~Rs3.3bn compared to the end of FY11. This was mainly on account of increased working capital requirements to the tune of ~Rs3.8bn during H1FY12. Consequently, debt-equity ratio stood at 1.6:1 as compared to 1.5:1 as on FY11; however, still at a comfortable level.The company currently trades at EV/ EBITDA of 7.4x FY12 and 5.6x FY13. Accumulate for a price target of Rs445.

Mahindra Ugine Steel Company Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

2011-12-21T05:52:00.000-08:00

Scripscan:Mahindra Ugine Steel Company Ltd
cmp:45
Code:504823

Story:The company is into alloy steel which is doing reasonably well. Its stamping business is likely to do exceptionally well because the capacity of stamping business is likely to move up by about 60-70% over the next two years.They are setting up a new plant at Pantnagar which were catering to Telco and M&M. Their ring business, which is a small business about Rs 30 crore is also doing reasonably well. Since the power cost in this business is very high the company has invested about Rs 14 crore in Wardha Power Company.The Wardha Power Company will commence operations anytime now and this is going to reduce its power bill substantially. So we have worked out that in 2012-13 the turnover will be about Rs 2,000 crore. Profit could be as high as Rs 30 crore resulting in an earnings per share of about Rs 10. I am exceptionally bullish on this company from a little longer term perspective.Its capacity expansion will come into play in 2013-14, then EPS could go as high as Rs 15 which was the EPS between 2004 and 2008. At Rs 15 kind of EPS the stock can easily touch Rs 115 in about three years from now. It is a Mahindra Group company.I was amazed to see XUV500 which is an international product coming from Mahindra Group. The future of this group is very bright. Companies like Mahindra Ugine should do exceptionally well because they are catering to the group companies besides other permanent companies.

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

2011-12-21T05:42:00.000-08:00

Scripscan:Amrit Corp Ltd
cmp:260
Code:507525

Story:New York based food company - Bunge Limited has acquired the edible oils and fats business of Amrit Banaspati Company Limited.The deal includes Amrit Banaspati's manufacturing facility in Rajpura - Punjab, rights to it's brands and trademarks, its sales and distribution business and transfer of employees pertaining to its edible oils and fats business to Bunge India.Bunge India is also acquiring the rights to the vanaspati brand - Gagan held by Amrit Corp which is currently licensed to Amrit Banaspati.Seven decades old Amrit Banaspati has a manufacturing plant in Punjab. It's portfolio of brands in bakery fats, vanaspati and refined oils include Amrit, Bansari, Ginni, Marigold and Sunehri Teer apart from Gagan vanaspati ghee which it manufactures under license from it's sister concern Amrit Corp Limited.Post transaction, Amrit Banaspati will continue to operate a consumer trading division and may also venture into real estate business.The stock of amrit corp should remain in action in the coming days.Shareholders can also expect a fat dividend to be announced in the coming days.

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

2011-12-21T05:13:00.000-08:00

Scripscan:Chemfab Alkalis Ltd
cmp:40
Code:506894

Story:Chemfab Alkalies manufactures caustic soda. Incidentally this was the first company in the country to have introduced the membrane cell technology which they did way back in 1985. Now there was a small incidence of gas leak in this company in the month of January. Though this was a small incidence but it was probably blown out of proportion and the plant remained closed for more than 3 months. Only after they filed litigation in the high court the plant got reopened in the month of May.This company had a debt of about Rs 25 crore 5 years back. The company has been purling its debt and today it's a debt free company. Now looking at the valuations of the company currently the stock trades at about Rs 40 and the market cap is about Rs 37 crore. This is a totally debt free company and as on 31st March 2011 this company had cash and cash equivalents of close to Rs 23 crore which means that you have this business which is available at a business valuation of about Rs 14 crore.If you see the numbers of FY11 closely, the cash profit alone was about Rs 17 crore. In a normal year this company is able to make a profit after tax of about Rs 12-13 crore and a cash profit of close to Rs 20 crore. Gross block is about Rs 150 crore. So given all these things of course the numbers for first 3 quarters – the 3 quarters have not been very good but these are because of certain reasons which are not recurring in nature.Going forward we can see this company report good profit for the coming quarters and I think at a business valuation of Rs 14 crore, debt free, this company paid a dividend of about 50% for the last two years. Before that some years it had also paid about 100% dividend. It is a Rs 5 paid up stock and dividend yield at the current price comes to about 6.5%. So given all these factors I think this stock looks to be a value buy at the current price and I think it has got minimum downside from these levels.