Shilpi Cable Technologies has opened its IPO for subscription on 22/03/2011 and issue will close on 25/03/2011.The price band of the issue has been fixed between Rs 65/- to Rs69/-. I advice all the investors to avoid this issue due to the following reasons.
1. Issue has been graded by CARE and Grade given to the company is 1 indicating POOR FUNDAMENTALS.
2.Very high Issue price of Rs 65 to Rs 69 with out much fundamentals
3.Company is in operation for last 4 years only
4.Earning per share is in negative for 2 years out of 3 years in operation
5. Net Asset Value per Equity Share as on March 31, 2010 is only Rs. 14.89 on consolidated basis.
6. Three to Four company's by the Promotor's already in the similar line of
operation
Wednesday, 23 March 2011
Monday, 21 March 2011
25 HIGHEST DIVIDEND YIELDING STOCKS
Listed below are the 25 stocks which gives the highest
dividend yields. These stocks are selected based on the consistency of dividend . All these stocks had declared dividend consistenly for last 5 years.Those who are interested in consistent dividend income can invest in some of these shares .
SR.NO. COMPANY NAME LAST PRICE LATEST Div % DIV YIELD
1 ZENITH BIRLA 8.99 20.0 22.25
2 ENGINEERSIND 306.00 1060.0 17.32
3 MERCK 574.70 950.0 16.53
4 PANORAMIC UNI 16.20 50.0 15.43
5 ZICOM SECURITY 37.65 50.0 13.28
6 JUPITER BIO 20.10 20.0 9.95
7 ALKALI METAILS 46.55 40.0 8.59
8 DALMIA SUGAR 24.90 100.0 8.03
9 IKF FINANCE 12.57 10.0 7.96
10 ASHIRWAD CAPITAL 1.92 15.0 7.81
11 BNR UDYOG 12.85 10.0 7.78
12 RISHABH DIGHA 26.50 20.0 7.55
13 ANUH PHARMA 133.00 200.0 7.52
14 HCL INFO 100.60 375.0 7.46
15 HERO HONDA 1474.15 5500.0 7.46
16 VALSON IND 20.40 15.0 7.35
17 ULTRAMARINE 41.25 150.0 7.27
18 FAIRDEAL FILA 18.50 12.5 6.76
19 INDUCTO STL 29.90 20.0 6.69
20 VALIANT COMM 18.00 12.0 6.67
21 HBPORTFOLIO 30.20 20.0 6.62
22 BN RATHI SEC 18.85 12.0 6.37
23 STANROSE FINANCE 78.50 50.0 6.37
24 GOWRA LEASING 19.05 12.0 6.3
25 SIPAPER 48.35 30.0 6.2
dividend yields. These stocks are selected based on the consistency of dividend . All these stocks had declared dividend consistenly for last 5 years.Those who are interested in consistent dividend income can invest in some of these shares .
SR.NO. COMPANY NAME LAST PRICE LATEST Div % DIV YIELD
1 ZENITH BIRLA 8.99 20.0 22.25
2 ENGINEERSIND 306.00 1060.0 17.32
3 MERCK 574.70 950.0 16.53
4 PANORAMIC UNI 16.20 50.0 15.43
5 ZICOM SECURITY 37.65 50.0 13.28
6 JUPITER BIO 20.10 20.0 9.95
7 ALKALI METAILS 46.55 40.0 8.59
8 DALMIA SUGAR 24.90 100.0 8.03
9 IKF FINANCE 12.57 10.0 7.96
10 ASHIRWAD CAPITAL 1.92 15.0 7.81
11 BNR UDYOG 12.85 10.0 7.78
12 RISHABH DIGHA 26.50 20.0 7.55
13 ANUH PHARMA 133.00 200.0 7.52
14 HCL INFO 100.60 375.0 7.46
15 HERO HONDA 1474.15 5500.0 7.46
16 VALSON IND 20.40 15.0 7.35
17 ULTRAMARINE 41.25 150.0 7.27
18 FAIRDEAL FILA 18.50 12.5 6.76
19 INDUCTO STL 29.90 20.0 6.69
20 VALIANT COMM 18.00 12.0 6.67
21 HBPORTFOLIO 30.20 20.0 6.62
22 BN RATHI SEC 18.85 12.0 6.37
23 STANROSE FINANCE 78.50 50.0 6.37
24 GOWRA LEASING 19.05 12.0 6.3
25 SIPAPER 48.35 30.0 6.2
Thursday, 17 March 2011
IPO - PTC India Financial Services - 20 % appreciation on listing
This company was incorporated in 2006 in which the parent company PTC India Limited Holds 77.60 % of equity capital and the balance is equally owned by GSStrategic Investments Limited (an affiliate of The Goldman Sachs Group, Inc.) and Macquarie India HoldingsLimited (an affiliate of The Macquarie Group) . After this issue their shareholding will come down to PTC India Limited ---- 60.00 %,GS Strategic Investments Limited ---- 8.66 % and Macquarie India Holdings Limited ---- 3.46 % .The share is priced in the range of Rs 26- Rs 28/- and the retail invester will get a discount of Rs 1/- .
This issue comprises of two parts ,first part is the fresh issue and the second part is the offer for sale by GS Strategic Investments Limited and Macquarie India Holdings Limited . The Company intends to utilize the proceeds from the Fresh Issue to increase their capital base so that they can meet the capital requirements arising out of the growth of the business .
Main strength of this company is its promoter PTC ,who is the market leader for power trading solutions in India. Basically this company is an NBFC and offer financial products to the energy sector . Since the company is operating in the Energy sector ,which is expected to boom for the couple of years in India . Hence I advice you to invest in this issue .Moreover due to the dullness in the market you will have better chance of allotment and you can expect an appreciation of 20 % on listing
This issue comprises of two parts ,first part is the fresh issue and the second part is the offer for sale by GS Strategic Investments Limited and Macquarie India Holdings Limited . The Company intends to utilize the proceeds from the Fresh Issue to increase their capital base so that they can meet the capital requirements arising out of the growth of the business .
Main strength of this company is its promoter PTC ,who is the market leader for power trading solutions in India. Basically this company is an NBFC and offer financial products to the energy sector . Since the company is operating in the Energy sector ,which is expected to boom for the couple of years in India . Hence I advice you to invest in this issue .Moreover due to the dullness in the market you will have better chance of allotment and you can expect an appreciation of 20 % on listing
Friday, 4 March 2011
Godavari Power & Ispat Ltd ( GPIL) -
Godawari Power & Ispat Ltd. (GPIL) a public Ltd. Co., belonging to HIRA Group of Industries, Raipur, was incorporated in 1999 to set up an integrated steel plant with captive power generation .GPIL , today is a totally integrated steel plant which manufactures mild steel wires , sponge iron, billets, Ferro alloys, captive power, wires rods , Oxygen gas, fly ash brick etc etc . Today GPIL is the third largest manufacturer of coal based sponge Iron in India and one of the largest players in the mild steel wire segment .
Investment in this company is adviced due to the following positive aspects
1. Company has started the mining ore from their own iron ore mine
2. Company has commenced the operation of iron ore palletitation plant
3. Commercial operation of 20 MW Bio-mass power plant also has started
4. Company has got the permission for starting a solar power plant with
a capacity of 5o Mw
5. De-merger of this company into two based on steel and power and it’s
subsequent value unlocking
There will be dramatic improvement in the working of GPIL from current year with the commencement of operation of iron ore mine , power plant and the palletitation plant which will result in the lower raw material cost . As per my estimate company will close this year with a Net profit of Rs 73 /- resulting an Earning per share of Rs 26/- and a Book value of over Rs 190 /- which means that the share available now at a price less than it’s Book value .
Investment in this share is recommended at current price with an expected price of Rs 300 with in next 12 months
Investment in this company is adviced due to the following positive aspects
1. Company has started the mining ore from their own iron ore mine
2. Company has commenced the operation of iron ore palletitation plant
3. Commercial operation of 20 MW Bio-mass power plant also has started
4. Company has got the permission for starting a solar power plant with
a capacity of 5o Mw
5. De-merger of this company into two based on steel and power and it’s
subsequent value unlocking
There will be dramatic improvement in the working of GPIL from current year with the commencement of operation of iron ore mine , power plant and the palletitation plant which will result in the lower raw material cost . As per my estimate company will close this year with a Net profit of Rs 73 /- resulting an Earning per share of Rs 26/- and a Book value of over Rs 190 /- which means that the share available now at a price less than it’s Book value .
Investment in this share is recommended at current price with an expected price of Rs 300 with in next 12 months
Sunday, 27 February 2011
Arvind Ltd:- Sitting on 1000 Acres of Land Bank
One of the oldest player in the textile segment is expected to close this year with a sales of over 2500 crore and a net profit of over 110 crore resulting in an eps of Rs 4.5 / share. Company is planning to invest over 2 billion for the expansion of its denim capacity and also to open various retail outlets across the nation.This expansion will result in a quantum jump of sales from 2500 Crores to 4300 crores in the next 2 years with an estimated eps of Rs 10/share.
Company is holding a land bank of 1000 – acre in and around Ahmadabad and the company is planning to develop these land for residential purpose. There will be a huge unlocking of value when this project is announced by the management.
At present the share is available at a price of Rs 54/- which will Gain 50 % to 100 % in next one year.
Company is holding a land bank of 1000 – acre in and around Ahmadabad and the company is planning to develop these land for residential purpose. There will be a huge unlocking of value when this project is announced by the management.
At present the share is available at a price of Rs 54/- which will Gain 50 % to 100 % in next one year.
Thursday, 17 February 2011
Alok Industries to double in less than 2 years
Company present in Textile, Retail and Infrastructure sector expected to close this year with an expected turnover of over Rs 6000 Crores. Company invested over 70 billion in the last five to six years for various expansion programs has started reaping the benefits from theses expansion programs. These can be seen from the increase in sales
Year end, Sales in Crores, % sales Growth
March ‘11, 6300, 46 %
March ‘10, 4311, 45 %
March ‘09, 2966, 37 %
March ‘08, 2159, 18 %
March ‘07, 1829, 29 %
Main trigger in company is its expected revenue from its real estate in and around Mumbai and the company is expected to earn apprx 2000 Crores from its real estate in the next 2 years time.
Even though Company is present in one of the oldest industry but the policies followed by the management are very modern which is evident from their consistent investment in modernisation programs year after year. They are planning to invest around 4.5 billion in next 2 years for modernisation programs.
Company is expected to close this year with an expected eps of 5.00 and a book value of around Rs 45.00 which means that this share is available at 50 % of its book value.Investment is recommended in this share at present value of Rs 23 and the share is expected to double in less than 2 years
Year end, Sales in Crores, % sales Growth
March ‘11, 6300, 46 %
March ‘10, 4311, 45 %
March ‘09, 2966, 37 %
March ‘08, 2159, 18 %
March ‘07, 1829, 29 %
Main trigger in company is its expected revenue from its real estate in and around Mumbai and the company is expected to earn apprx 2000 Crores from its real estate in the next 2 years time.
Even though Company is present in one of the oldest industry but the policies followed by the management are very modern which is evident from their consistent investment in modernisation programs year after year. They are planning to invest around 4.5 billion in next 2 years for modernisation programs.
Company is expected to close this year with an expected eps of 5.00 and a book value of around Rs 45.00 which means that this share is available at 50 % of its book value.Investment is recommended in this share at present value of Rs 23 and the share is expected to double in less than 2 years
Monday, 7 February 2011
Why you should invest in Blue star Info Tech ?
1. Consistent dividend paying company from inception.
2. Another company from the professionally managed Blue star Group.
3. Chances of a 1:10 split as the parent company has done the split few years back
4. Company in the software industry and all the company’s in industry are coming back strongly after the recession.
5. Investing in a Growth oriented management where Rs 7000 /- invested in Blue star in 1990 has grown to almost Rs 8,00,000 /- this is in addition to the consistent dividend .rights and a share of Blue star infotech free.
6. Current year Eps expected to be around Rs 13/-
7. At the end of the current year Book Value of this share will be around Rs 90/- ie you are getting this share for a Price to Book value ratio of 1.26
8. it’s a debt free company
2. Another company from the professionally managed Blue star Group.
3. Chances of a 1:10 split as the parent company has done the split few years back
4. Company in the software industry and all the company’s in industry are coming back strongly after the recession.
5. Investing in a Growth oriented management where Rs 7000 /- invested in Blue star in 1990 has grown to almost Rs 8,00,000 /- this is in addition to the consistent dividend .rights and a share of Blue star infotech free.
6. Current year Eps expected to be around Rs 13/-
7. At the end of the current year Book Value of this share will be around Rs 90/- ie you are getting this share for a Price to Book value ratio of 1.26
8. it’s a debt free company
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