|
Stock Advice Free Intraday Tips, bse sensex, shares india, india stock, shares bse, share trading,
|
 Subscribe Feed (RSS)
Comments Feed
|
Recommendation: Buy
CMP = Rs 72 (at the time of this recommendation)
Price target: Rs 169 (more…)
Tags: Mold Tek Technologies, Multi Bagger, stock analysis, Stock Idea, stock investments
| Indian Hotel Company : BSE ID : 500850 NSE ID : INDHOTEL Reco Price Rs. 125.30 CMP: Rs.124.90 (Loss 0.32%) | |
| With high land and commodity prices, the asset creation currently is happening at much higher prices, which will benefit existing players like Indian Hotels since it would make their business more competitive.
The Indian Hotels Company Ltd. (Indian Hotels) is the largest operator and manager of hotels, palaces and resorts primarily in India in the Luxury, Business, and Leisure segments and owns the ‘TAJ’ brand. The Taj Group operates a total of 84 hotels with over 10,000 rooms. The Taj Group has a significant geographical spread of hotels in India, having properties in the major cities and large towns in India as well as in some of the key leisure destinations in South Asia. In the recent past the Company, through its wholly owned subsidiaries, has acquired hotels in New York, Sydney, Boston and San Francisco. The Company has majority ownership interests through subsidiaries in 16 hotels and resorts with 2,105 rooms and has minority interests in 29 hotels (amounting to 3,157 rooms). In addition, the Taj Group manages a total of 15 hotels, palaces and resorts in India and internationally pursuant to management contracts for third party owners (amounting to 1,481 rooms). The Taj Group classifies its business divisions by the quality of the property, the range of services, and the guests it targets. Accordingly, the Taj Group has classified its hotel properties under various divisions as Luxury India, Luxury International, Business, Leisure and Ginger, which account for 27.16%, 13.62%, 29.97%, 20.35% and 8.90% of total rooms of the Taj Group, respectively. The Company derives the majority of its revenue from the Luxury India division. The Company is focused on the high end (five-star deluxe) Luxury India and Luxury International divisions of the hotel market while maintaining a significant presence in the Business and Leisure divisions. In order to pursue opportunities in the “value-for-money” segment, the Company, through its wholly owned subsidiary, has launched “Ginger” brand of hotels catering to budget travelers. Currently, nine Ginger hotels are operational at various locations. The Company has also entered into a joint venture agreement with CC Africa and Cigen Corporation to promote wild life tourism in India and has two resorts, one each in Bandhavgarh and Pench in the state of Madhya Pradesh. |
Tags: Multi Bagger
SKF India : BSE ID : 500472 NSE ID : SKFINDIA Reco Price Rs. 364.15 CMP: Rs.364.15 (Gain 0.00%)
The global demand for large size bearings is on the upswing. The fact that its parent company, SKF, is putting up a similar plant in China and is also expanding its facilities at its Swedish factory reiterates the growing demand scenario.
For SKF India, 2007 has been a historical year. It marked 100 years of its existence in India and more importantly, it posted one its best financial performances ever for year ended 31st December 2007.
For the 12 months ended 31st December 2007, the company posted net sales of Rs 1,568.30 crore, a 17% increase on a YoY basis. EBIDTA surged by a very healthy 52% at Rs 265.24 crore. PBT rose higher by 64% at Rs 247.36 crore. PAT was up by a smart 58% at Rs 160.71 crore, its highest PAT ever! On an equity capital of Rs 52.73 crore, the EPS of the company stands at Rs 30.50, up from Rs 19.30 posted in 2006.
Shareholding pattern of the company is 54% with the promoters, 27% with the mutual funds, insurance companies and FIIs while 19% is held by the public.
The company is setting up a new facility at Ahmedabad to manufacture large size bearings that cater to growing sectors of wind energy, mining, steel and off-road applications. This greenfield plant is at an investment of Rs 270 crore and is expected to start manufacturing by first quarter of 2009. Once this large size bearings plant goes on stream, the company’s expanded product line ensures that its dependence on the automobile sector, especially the two-wheelers segment, will automatically go down, thereby expanding its basket of reach and risk. This plant will supply to both the domestic as well as export market.
The global demand for large size bearings is on the upswing. The fact that its parent company, SKF, is putting up a similar plant in China and is also expanding its facilities at its Swedish factory reiterates the growing demand scenario.
SKF India is also investing another Rs 150 crore in setting up a new plant at Haridwar, Uttarakhand. This factory will cater mainly to the automotive and 2 wheeler industry. The Uttarakhand plant is expected to become operational by March 2008 and will augment the existing bearings capacity by more than one-third.
2008 will once again be another landmark year for the company. Once the new plant at Uttarakhand also starts contributing to the bottomlines, the profit margins would surpass that posted in 2007 also. 2009 is also another year to look forward to as the new large bearings plant, which has higher margins, will also go on stream. By 2011, the company has stated that it hopes to double its turnover from the present levels.
Currently quoted at Rs 364.15, on the historic EPS is of around Rs 30.50, the stock is discounted below 12 times, which is lower than the industry average.
CY08 may see a topline of Rs 1,850 crore with a PAT of Rs 210 crore resulting in an EPS of close to Rs 40, discounting the present price by less than 9 times.
SKF India is a bargain buy in today’s market. The stock is a long term investment and one can safely expect a 40% return from the present rate, over the next 10 – 12 months. Yeh lambe race ka ghoda hai!
Tags: Multi Bagger
Reco Price Rs. 3150.15 CMP: Rs.3332.50 (Gain 5.79%)
Sesa Goa Limited, the flagship company of Sesa Group is India’s largest exporter of iron ore in the private sector. In September 2007, Vedanta Resources acquired an additional 20% stake in Sesa Goa, increasing its total shareholding in the Company to 71%. Iron ore business contributes to about 80% of the company’s revenues. The company has access to over 200 million tons of iron ore reserves in Goa, Karnataka and Orissa. It has also developed an energy recovery technology to manufacture coke, compliant with advanced global emission norms.
Tags: Multi Bagger
| Accurate Transformers : BSE ID : 530513 NSE ID : Reco Price Rs. 141.45 CMP: Rs.141.45 (Gain 0.00%) |
|
| Accurate Transformer has been operating at low capacities, primarily on account of working capital constraints; there is however a scope for substantial ramp up in the event of the company managing its working capital better and getting additional resources. The company is therefore in a position to take advantage of a boom in demand without incurring any further capital expenditure. Higher capacity utilization will eventually lead to higher revenues and increased profitability. |
Tags: Multi Bagger
| UTV Software : BSE ID : 532619 NSE ID : UTVSOF Reco Price Rs. 888.45 CMP: Rs.888.45 (Gain 0.00%) | ||||
is an excellent exposure in the Indian Media space with its tentacles across the sector. The Management has proved its mettle and its growth plans are well thought out. |
Tags: Multi Bagger
JK Lakshmi Cement : Reco Price Rs. 136.55 CMP: Rs.136.55 (Gain 0.00%)
JK Lakshmi Cement Ltd. has its plants located at Distt. Sirohi, Rajasthan and caters to the Northern and Western parts of India. The company has a capacity of 3.4 million tones. The company’s plant has been operating at high capacities, this coupled with a successful cost-reduction exercise and an improvement in cement prices, the company has managed to significantly improve its finances during the past 18 months.
Tags: Multi Bagger
| Aro Granite Industries : Reco Price Rs. 104.90 CMP: Rs.104.90 (Gain 0.00%) | |
| Aro Granite Industries Ltd. is a 100% Export Oriented Unit located at Hosur near Bangalore and exports polished Granite Slabs and Granite Tiles to US, Canada, Europe, Japan, and Far East. The operations of company have suffered due to the strengthening of rupee in recent times, however the company’s expanded capacities in Granite Tiles and Granite Slabs which has recently gone on stream alongwith its change in focus and a shift towards the domestic markets may see it tide over the problems due to rupee rise. |
Tags: Multi Bagger
| XL Telecom & Energy : Reco Price Rs. 450.30 CMP: Rs.450.30 (Gain 0.00%) | |
| XL Telecom & Energy has transformed itself from a low margin Telecom company by diversifying substantially into the high margin business of Solar Photo Voltaic Modules (SPV). It has a order book of around 2.2 billion in Solar Photo Voltaic divisions and has secured orders for the supply of Fuel Ethanol from the oil companies. |
Tags: Multi Bagger
Alps Industries is a leading eco-friendly textile products manufacturers and a principal infrastructure player of interior products. The product portfolio of the company includes an eclectic range of home furnishings, sophisticated fashion accessories and high quality yarn.
Alps Industries : Reco Price Rs. 83.10 CMP: Rs.83.10 (Gain 0.00%)
Tags: Multi Bagger
