Indian Stock Market may open positive but profit booking expected at higher levels so remains very volatile throughout the day today. A positive closing expected today also.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
HDIL (144)
Buy Above 145.60 Target 149.35, 155.00
Sell Below 142.70 Target 138.50, 132.00
CAIRN INDIA (144)
Buy Above 145.80 Target 150.00, 155.00
Sell Below 142.40 Target 138.25, 132.00
KS OILS (42)
Buy Above 43.20 Target 45.75, 48.00
Sell Below 41.20 Target 39.20, 36.00
BARTRONICS INDIA (92)
Buy Above 93.80 Target 98.55, 105.00
Sell Below 90.50 Target 87.05, 82.00
PUNJ LLYOD (204)
Buy Above 206.65 Target 212.55, 220.00
Sell Below 201.40 Target 196.40, 190.00
RPL (94)
Buy Above 95.20 Target 98.40, 102.00
Sell Below 92.70 Target 90.10, 86.00
Multibaggers: Andhra Petro (500012), Adhunik Metalik (532727), Prithvi Info (532675), GTC (500151), Ansal Buildwell (523007).
GOOD LUCK.
Wednesday, November 5, 2008
Tuesday, November 4, 2008
Intraday Trading Calls for 04th November.
Indian Stock Market may open flat to positive but profit booking expected at higher levels so remains very volatile throughout the day today.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):HDIL (138)
Buy Above 139.80 Target 144.35, 150.00
Sell Below 136.70 Target 133.40, 128.00
HPCL (208)
Buy Above 210.60 Target 216.75, 225.00
Sell Below 205.40 Target 200.10, 194.00
HUL (238)
Buy Above 240.40 Target 244.60, 250.00
Sell Below 236.20 Target 232.70, 227.00
CIPLA (175)
Buy Above 176.75 Target 180.25, 185.00
Sell Below 173.50 Target 170.05, 166.00
JSW STEEL (312)
Buy Above 315.80 Target 322.45, 330.00
Sell Below 309.40 Target 302.40, 294.00
BANK OF INDIA (247)
Buy Above 249.60 Target 255.75, 264.00
Sell Below 244.50 Target 240.10, 235.00
Multibaggers: RPIL (526407) Adhunik Metalik (532727), Prithvi Info (532675), GTC (500151), Ansal Buildwell (523007).
GOOD LUCK.
Monday, November 3, 2008
Stock Idea: KS Oils Ltd.
K S Oils Ltd. (KSOL) is a 23-year old Morena (Madhya Pradesh) based company established in 1985. It is a leading integrated edible oil manufacturing company with its product range constituting mustard and soya bean oils. The company has five manufacturing plants with marketing offices and plantations in India, Malaysia, Indonesia and Singapore. Its business can be broadly classified into five divisions viz. Oil, Refinery, Vanaspati, Solvent and Power. Mr. Ramesh Chand Garg is the chairman while Mr. Sanjay Agarwal is the managing director of the company. KSOL has renowned brands like Kalash, Double Sher and K. S. Gold, which comprise a range of healthy cooking oil brands in mustard, refined oil and vanaspati. All its manufacturing plants are located in the rich mustard growing belt of Madhya Pradesh and Rajasthan in India.
Beginning operations in 1989 the company ventured into mustard oil with an oil mill having a crushing capacity of 150 tonnes per day (TPD). In 1992-93, it undertook its first major expansion with a building and commissioning its Solvent Extraction Unit (SEU). In 1995, it expanded its refinery operations as a development module. During 2001, a vanaspati unit of the company with a capacity of 150 TPD production was set up and also commissioned in the same year. To improve its packaging system, a High Density Polythylene Jar manufacturing unit was started in 2002. In 2006, the company acquired oil mills on lease with production capacities of 225 TPD. Further, it has received in-principle approval for allotment of 2000 hectares of waste land in Morena District from the Government of Madhya Pradesh for cultivation of Jatropha for the production of Bio-diesel. During 2007, it acquired an edible oil plant at Jodhpur, Rajasthan and made a strategic tie-up with a plant in Alwar, Rajasthan, to enhance production. KSOL ventured in the power sector by commissioning wind turbines of 2.5 MW. Also it added 28 windmills with capacity of 24 MWs in 2008. The company’s journey as a global player began in 2008 when it became the first Indian company to acquire palm plantations abroad. Its plantation in Indonesia occupies 50,000 acres (20,000 ha) is estimated to supply 80,000 tonnes of oil to its manufacturing and refining plants in India.
Beginning operations in 1989 the company ventured into mustard oil with an oil mill having a crushing capacity of 150 tonnes per day (TPD). In 1992-93, it undertook its first major expansion with a building and commissioning its Solvent Extraction Unit (SEU). In 1995, it expanded its refinery operations as a development module. During 2001, a vanaspati unit of the company with a capacity of 150 TPD production was set up and also commissioned in the same year. To improve its packaging system, a High Density Polythylene Jar manufacturing unit was started in 2002. In 2006, the company acquired oil mills on lease with production capacities of 225 TPD. Further, it has received in-principle approval for allotment of 2000 hectares of waste land in Morena District from the Government of Madhya Pradesh for cultivation of Jatropha for the production of Bio-diesel. During 2007, it acquired an edible oil plant at Jodhpur, Rajasthan and made a strategic tie-up with a plant in Alwar, Rajasthan, to enhance production. KSOL ventured in the power sector by commissioning wind turbines of 2.5 MW. Also it added 28 windmills with capacity of 24 MWs in 2008. The company’s journey as a global player began in 2008 when it became the first Indian company to acquire palm plantations abroad. Its plantation in Indonesia occupies 50,000 acres (20,000 ha) is estimated to supply 80,000 tonnes of oil to its manufacturing and refining plants in India.
KSOL, today, is a leading supplier of edible oils to the Indian defence forces and this tradition has been maintained for the past few years. The company has made concerted efforts to move up from a mustard oil producing company to a market focused FMCG brand company. The opportunity in the Indian markets is huge. Statistics reveal that the 6 northern states consume 90% of the mustard oil produced in the country, which throws up a market opportunity of over 50 crore customers.
Performance: The company has been posting consistently improved results quarter after quarter. During FY08, it clocked a net sales income of Rs.2044.30 cr. with a net profit of Rs.120.70 cr. posting an EPS of Rs.4.48 per share with a face value of Re.1.
Financial Highlights: (Rs. in lakh) Latest Results: In tune with its earlier performances, the company has reported encouraging Q2FY09 results registering a net sales income of Rs.733.60 cr. with net profit of Rs.42.22 cr. recording a basic EPS of Rs.1.27 and a diluted EPS of Rs.1.25. The annualised basic EPS works out to Rs.5.08 and diluted EPS of Rs.5 (FV: Re.1).
Share Profile: The shares of KSOL are listed and traded on the BSE under the B group. Its share touched a 52-week high/low of Rs.142/38. At its current market price of Rs.38.90, it has a market capitalisation of Rs.1333 cr. Dividends: The company has been paying dividends as shown below: FY08 - 18%, FY07 - 15%, FY06 - 12%, FY05 - 10%.
Shareholding Pattern: The promoter holding in the company is 33.31% while the balance 66.69% is held by non-corporate promoters, institutions, others and the Indian public. Among mutual funds, Kotak has added the company’s shares to its various schemes.
Prospects: Today, India accounts for 7% of the global oilseeds and oil meal production and 10% of the global consumption of edible oil. With the edible oil market size placed at Rs.67,500 cr. and the branded segment commanding 15% market share, the market opportunity is huge. Also, with modern retail formats limited to just 3%, the penetration opportunity is mind boggling. Lastly, with the improvement in the lifestyle of the Indian consumer, healthy living will be a priority, which will create an immense opportunity for the edible oil sector. The latest report from FICCI suggests that the branded edible oils market is 5 expected to grow by 20% per annum, which will not only spur the demand for edible oils but will also drive the demand towards branded and organised edible oil players. India is also witnessing an increase in lifestyle diseases like heart ailments and cardio vascular illness, which is said to be much higher than other nations. This calls for healthy edible oil and mustard being among the world's most heart friendly oil, consumers will be eager to adapt to qualitative mustard oil brands.
Conclusion: KSOIL is one of the top five edible oil companies in India. Moreover, with its global foray, changing lifestyles and health consciousness among the vast middle class is expected to have a beneficial impact on the company. At its current market price of Rs.39, its share price is discounted less than 8 times its estimated earnings. It is worth mentioning that the company has been able to post much better results in the present economic downtrend. Moreover, with the shortage of food expected worldwide, the prospects for companies like KSOL is extremely good. This share may be picked up in small parcels. The share offers a good investment opportunity to discerning investors with a medium-to long- term outlook.
Performance: The company has been posting consistently improved results quarter after quarter. During FY08, it clocked a net sales income of Rs.2044.30 cr. with a net profit of Rs.120.70 cr. posting an EPS of Rs.4.48 per share with a face value of Re.1.
Financial Highlights: (Rs. in lakh) Latest Results: In tune with its earlier performances, the company has reported encouraging Q2FY09 results registering a net sales income of Rs.733.60 cr. with net profit of Rs.42.22 cr. recording a basic EPS of Rs.1.27 and a diluted EPS of Rs.1.25. The annualised basic EPS works out to Rs.5.08 and diluted EPS of Rs.5 (FV: Re.1).
Share Profile: The shares of KSOL are listed and traded on the BSE under the B group. Its share touched a 52-week high/low of Rs.142/38. At its current market price of Rs.38.90, it has a market capitalisation of Rs.1333 cr. Dividends: The company has been paying dividends as shown below: FY08 - 18%, FY07 - 15%, FY06 - 12%, FY05 - 10%.
Shareholding Pattern: The promoter holding in the company is 33.31% while the balance 66.69% is held by non-corporate promoters, institutions, others and the Indian public. Among mutual funds, Kotak has added the company’s shares to its various schemes.
Prospects: Today, India accounts for 7% of the global oilseeds and oil meal production and 10% of the global consumption of edible oil. With the edible oil market size placed at Rs.67,500 cr. and the branded segment commanding 15% market share, the market opportunity is huge. Also, with modern retail formats limited to just 3%, the penetration opportunity is mind boggling. Lastly, with the improvement in the lifestyle of the Indian consumer, healthy living will be a priority, which will create an immense opportunity for the edible oil sector. The latest report from FICCI suggests that the branded edible oils market is 5 expected to grow by 20% per annum, which will not only spur the demand for edible oils but will also drive the demand towards branded and organised edible oil players. India is also witnessing an increase in lifestyle diseases like heart ailments and cardio vascular illness, which is said to be much higher than other nations. This calls for healthy edible oil and mustard being among the world's most heart friendly oil, consumers will be eager to adapt to qualitative mustard oil brands.
Conclusion: KSOIL is one of the top five edible oil companies in India. Moreover, with its global foray, changing lifestyles and health consciousness among the vast middle class is expected to have a beneficial impact on the company. At its current market price of Rs.39, its share price is discounted less than 8 times its estimated earnings. It is worth mentioning that the company has been able to post much better results in the present economic downtrend. Moreover, with the shortage of food expected worldwide, the prospects for companies like KSOL is extremely good. This share may be picked up in small parcels. The share offers a good investment opportunity to discerning investors with a medium-to long- term outlook.
Source: Internet (moneytimes)
Stock Idea: Areva T&D India Ltd.
Areva T&D India Ltd for the third quarter ended 30th September 2008 has managed to maintain its growth. The company's net sales rose 35.57% on a YoY to Rs 586.46 crore. Operating profit grew by 11% at rs.85 crore. Profit after tax of Rs 52.31 crore for the quarter was up by 8.89%.
During the third quarter, the company made significant additions to its customer list and secured major contracts from Bhilai Steel Plant worth Rs.221 crore. Areva will provide the transmission and distribution services to the steel plant. The power company will also supply substations to the steel plant and revamp its existing substations. The company expects to complete the project by October 2010.
It also got an order from RRVPNL Hybrid substation and distribution transformers for wind energy segment, a first for the company.
Unlike other sectors which are facing a major slowdown, power is one sector which simply cannot afford to slowdown and irrespective of the financial crisis, companies are going ahead full swing with their power projects. And reflecting this, Areva is going ahead with its expansions, with six new factories at three greenfield sites at Baroda, Hosur and Chennai Padappai ready for production by March 2009.
Areva T&D makes a good long term buy at the current levels as its prospects for the year remains good.
During the third quarter, the company made significant additions to its customer list and secured major contracts from Bhilai Steel Plant worth Rs.221 crore. Areva will provide the transmission and distribution services to the steel plant. The power company will also supply substations to the steel plant and revamp its existing substations. The company expects to complete the project by October 2010.
It also got an order from RRVPNL Hybrid substation and distribution transformers for wind energy segment, a first for the company.
Unlike other sectors which are facing a major slowdown, power is one sector which simply cannot afford to slowdown and irrespective of the financial crisis, companies are going ahead full swing with their power projects. And reflecting this, Areva is going ahead with its expansions, with six new factories at three greenfield sites at Baroda, Hosur and Chennai Padappai ready for production by March 2009.
Areva T&D makes a good long term buy at the current levels as its prospects for the year remains good.
Source: sptulsian.com
Intraday Trading Calls for 03rd November.
Indian Stock Market may open positive with gap up and remains positive with high volatility throughout the day today.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
BANK OF BARODA (241)
Buy Above 243.60 Target 248.75, 255.00
Sell Below 239.20 Target 234.40, 228.00
INDIABULLS REALEST (120)
Buy Above 121.50 Target 126.60, 132.00
Sell Below 118.40 Target 114.15, 110.00
SATYAM COMPUTER (305)
Buy Above 307.20 Target 312.65, 320.00
Sell Below 302.40 Target 296.35, 290.00
CORE PROJECTS (62)
Buy Above 63.25 Target 66.25, 70.00
Sell Below 60.50 Target 57.60, 54.00
WELSPUN GUJARAT (115)
Buy Above 116.80 Target 120.35, 125.00
Sell Below 113.40 Target 110.15, 105.00
KOTAK BANK (337)
Buy Above 339.50 Target 346.50, 355.00
Sell Below 334.55 Target 328.10, 320.00
Multibagger: Buy Prithvi Information 532675 CMP Rs. 37.40/- For Target Rs. 100+ (Short to Med Term Target) Rs. 200+ (Long Term Target).
GOOD LUCK.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
BANK OF BARODA (241)
Buy Above 243.60 Target 248.75, 255.00
Sell Below 239.20 Target 234.40, 228.00
INDIABULLS REALEST (120)
Buy Above 121.50 Target 126.60, 132.00
Sell Below 118.40 Target 114.15, 110.00
SATYAM COMPUTER (305)
Buy Above 307.20 Target 312.65, 320.00
Sell Below 302.40 Target 296.35, 290.00
CORE PROJECTS (62)
Buy Above 63.25 Target 66.25, 70.00
Sell Below 60.50 Target 57.60, 54.00
WELSPUN GUJARAT (115)
Buy Above 116.80 Target 120.35, 125.00
Sell Below 113.40 Target 110.15, 105.00
KOTAK BANK (337)
Buy Above 339.50 Target 346.50, 355.00
Sell Below 334.55 Target 328.10, 320.00
Multibagger: Buy Prithvi Information 532675 CMP Rs. 37.40/- For Target Rs. 100+ (Short to Med Term Target) Rs. 200+ (Long Term Target).
GOOD LUCK.
Friday, October 31, 2008
Intraday Trading Calls for 31st October
Indian Stock Market may open positive and remains positive with high volatility throughout the day today.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
BARTRONICS INDIA (90)
Buy Above 91.60 Target 96.75, 105.00
Sell Below 88.20 Target 83.10, 78.00
RPOWER (98)
Buy Above 99.50 Target 104.25, 108.00
Sell Below 96.60 Target 92.50, 88.00
SATYAM COMPUTER (283)
Buy Above 285.70 Target 292.40, 300.00
Sell Below 281.10 Target 276.25, 270.00
SESA GOA (79)
Buy Above 80.80 Target 85.25, 90.00
Sell Below 77.65 Target 74.50, 70.00
HDIL (149)
Buy Above 150.60 Target 154.75, 160.00
Sell Below 147.40 Target 144.15, 140.00
EVERONN SYSTEMS (157)
Buy Above 158.75 Target 163.35, 170.00
Sell Below 155.25 Target 151.10, 146.00
Others: GTC, Andhra Petro, Videocon Industries.
GOOD LUCK.
Thursday, October 30, 2008
Stock Idea: GMR INFRASTRUCTURE
GMR Infrastructure posted a drop in its PAT for the second quarter ended 30th September 2008 on account of MTM forex losses. The stock has been hammered down relentlessly, yet, the long term growth story remains intact.
For Q2FY09, on a YoY, net sales was up 114.21% from Rs. 395.31 crore to Rs. 846.81 crore. EBITDA rose 58.72% from Rs. 155.71 crore to Rs. 247.14 crore. PAT (before notional forex losses) increased by 135.53% from Rs. 44.80 crore to Rs. 105.52 crore while PAT (after notional forex losses) declined by 6.05% from Rs. 49.58 crore to Rs. 46.58 crore.
The MTM forex loss was to the tune of Rs. 58.94 crore for the quarter, accounted mostly by two of the company’s subsidiaries - Vemagiri Power Generation Limited (VPGL) and GMR Hyderabad International Airport Limited (GHIAL), on the foreign currency project loans borrowed by them. The company has assured that these losses are notional and should the situation arise, these two subsidiaries have adequate dollar revenues to provide natural hedge for the currency fluctuations that may arise with respect to interest and principal payments/repayments. But for this forex loss, which is not an isolated phenomenon with GMR, the company had a very good growth story, a rise of over 100% in PAT despite the circumstances is commendable.
The company used the current global crisis in its favour and managed to renegotiate its acquisition cost of Intergen NV, thus reducing the cost by US$162 million. The Hyderabad Airport has started collecting User Development Fee (UDF) from domestic passengers from last week of August ’08 after getting the necessary approvals from Ministry of Civil Aviation. With this, Hyderabad Airport has also started realising all its revenue streams. The company soft launched its 308 room hotel at Hyderabad Airport. GMR also commissioned the cargo terminal at the Sabiha Gokcen International Airport (SGIA), Turkey, which it is re-building and will have a new passenger terminal by October 2009.
GMR continues to remain a very strong company. It is facing a selling pressure on the bourses, which is in concurrence with the ongoing slaughter by investors on realty and infra companies. At the current rates, GMR is an excellent long term buy. Stay invested, there is no need to panic, it’s long term growth story remains intact.
For Q2FY09, on a YoY, net sales was up 114.21% from Rs. 395.31 crore to Rs. 846.81 crore. EBITDA rose 58.72% from Rs. 155.71 crore to Rs. 247.14 crore. PAT (before notional forex losses) increased by 135.53% from Rs. 44.80 crore to Rs. 105.52 crore while PAT (after notional forex losses) declined by 6.05% from Rs. 49.58 crore to Rs. 46.58 crore.
The MTM forex loss was to the tune of Rs. 58.94 crore for the quarter, accounted mostly by two of the company’s subsidiaries - Vemagiri Power Generation Limited (VPGL) and GMR Hyderabad International Airport Limited (GHIAL), on the foreign currency project loans borrowed by them. The company has assured that these losses are notional and should the situation arise, these two subsidiaries have adequate dollar revenues to provide natural hedge for the currency fluctuations that may arise with respect to interest and principal payments/repayments. But for this forex loss, which is not an isolated phenomenon with GMR, the company had a very good growth story, a rise of over 100% in PAT despite the circumstances is commendable.
The company used the current global crisis in its favour and managed to renegotiate its acquisition cost of Intergen NV, thus reducing the cost by US$162 million. The Hyderabad Airport has started collecting User Development Fee (UDF) from domestic passengers from last week of August ’08 after getting the necessary approvals from Ministry of Civil Aviation. With this, Hyderabad Airport has also started realising all its revenue streams. The company soft launched its 308 room hotel at Hyderabad Airport. GMR also commissioned the cargo terminal at the Sabiha Gokcen International Airport (SGIA), Turkey, which it is re-building and will have a new passenger terminal by October 2009.
GMR continues to remain a very strong company. It is facing a selling pressure on the bourses, which is in concurrence with the ongoing slaughter by investors on realty and infra companies. At the current rates, GMR is an excellent long term buy. Stay invested, there is no need to panic, it’s long term growth story remains intact.
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