dkishore
04-05-2008, 02:41 PM
** Gujarat Apollo Inds. (Rs.259) **has reported encouraging FY08 results reporting full year EPS of around Rs.35 against Rs.18 in FY07. OPM improved from 22.33% to 24.25%. Keep a watch to add this stock on reaction around Rs.220/230 levels for good long-term growth. *
** **Net profit of Tata Metaliks (Rs.168) **rose 66.02% to Rs.25.55 cr. in Q4FY08 against Rs.15.39 cr. in Q4FY07 whereas sales rose 49.63% to Rs.311.73 cr. against Rs.208.34 cr. in Q4FY07. *
*For FY08, its net profit rose 135.92% to Rs.69.62 cr. against Rs.29.51 cr. in FY07 whereas sales rose 51.71% to Rs.1033.38 cr. against Rs.681.15 cr. in FY07. Full year EPS is *
**
*around Rs.27.5 against Rs.11.67 in FY07. The stock is cum dividend of 70%. Since prices of pig iron are very firm, we may see an encouraging trend in the current year too. A good stock to add on dips. *
** DIC India's (Rs.165) **net profit rose 46.31% to Rs.2.97 cr. in Q4FY08 against Rs.2.03 cr. in Q4FY07. Sales rose 15.05% to Rs.103.67 cr. in Q4FY08 against Rs.90.11 cr. in Q4FY07. We may witness encouraging performance in future too. Stay invested. *
** Atlas Copco's (Rs.1174) **Q1CY08 results are encouraging. Net profit rose 38.77% to Rs.24.95 cr. against Rs.17.98 cr. in Q1CY07. Contrary to market expectations, operating/gross/ PAT margins improved in spite of higher provisions for depreciation. Strong growth is expected in future also. Stay invested. *
** Supreme Industries (Rs.240) **- There are indications of some teething problems with new capacities, which affected the margins for its March 2008 quarter. There will be more stability in output from increased capacity expected from Q4 onwards. Long-term outlook is encouraging. At the current level of Rs.225, dividend yield too is good. It is a safe investment bet. *
** PG Foils (Rs.80) **has reported net profit of around Rs.8 cr. after provisions of Rs.4 cr. towards key man insurance policy. Results are encouraging in line with expectations. The stock is under accumulation by a leading broking firm for knowledgeable investors. *
** Kesar Enterprises (Rs.72) **has reported encouraging results as its March 2008 quarter profit flared sharply to Rs.8.46 cr. against just Rs.28 lakh during same period of last year. *
*A subsidiary company was formed on 21st January 2008 by the name of Kesar Terminals & Infrastructure Ltd. but commercial operations are yet to commence. *
*Restructuring is said to be on and the company has the benefit of a low capital base of Rs.6.79 cr. It has a diversified product base with good income from its storage division and the full benefit of expansion will come in FY09. The liquor industry is also growing rapidly over the past decade and expected to do very well in coming years. *
*Expected surge in sugar prices will benefit Kesar Enterprises. It also has good real estate, which will benefit long-term investors. Buy on reaction around Rs.65 level. *
** Mather & Platt Pumps (Rs.123) **results were below expectations. Current quarter results, too, may not be encouraging. *
** Disa India's (Rs.1606) **March 2008 quarter results are below expectations in view of the economic slowdown and the fall in margins of foundries. Investors can partly switch to Atlas Copco for better growth. *
** Ferro Alloys Corpn.'s (Rs.30) **results are encouraging. Hold on to the stock. *
** **Mumbai real estate prices are still firm and many builders have increased rates recently.
** Orchid Chemicals (Rs.255) **and Reliance Petro (Rs.203) are likely to remain in action. Hold on to them.
*
** Saregama India (Rs.130) **is another good stock available at an attractive valuation of Rs.130. *
** **Sugar prices are likely to remain high. Stay invested in sugar stocks.
** **Net profit of Tata Metaliks (Rs.168) **rose 66.02% to Rs.25.55 cr. in Q4FY08 against Rs.15.39 cr. in Q4FY07 whereas sales rose 49.63% to Rs.311.73 cr. against Rs.208.34 cr. in Q4FY07. *
*For FY08, its net profit rose 135.92% to Rs.69.62 cr. against Rs.29.51 cr. in FY07 whereas sales rose 51.71% to Rs.1033.38 cr. against Rs.681.15 cr. in FY07. Full year EPS is *
**
*around Rs.27.5 against Rs.11.67 in FY07. The stock is cum dividend of 70%. Since prices of pig iron are very firm, we may see an encouraging trend in the current year too. A good stock to add on dips. *
** DIC India's (Rs.165) **net profit rose 46.31% to Rs.2.97 cr. in Q4FY08 against Rs.2.03 cr. in Q4FY07. Sales rose 15.05% to Rs.103.67 cr. in Q4FY08 against Rs.90.11 cr. in Q4FY07. We may witness encouraging performance in future too. Stay invested. *
** Atlas Copco's (Rs.1174) **Q1CY08 results are encouraging. Net profit rose 38.77% to Rs.24.95 cr. against Rs.17.98 cr. in Q1CY07. Contrary to market expectations, operating/gross/ PAT margins improved in spite of higher provisions for depreciation. Strong growth is expected in future also. Stay invested. *
** Supreme Industries (Rs.240) **- There are indications of some teething problems with new capacities, which affected the margins for its March 2008 quarter. There will be more stability in output from increased capacity expected from Q4 onwards. Long-term outlook is encouraging. At the current level of Rs.225, dividend yield too is good. It is a safe investment bet. *
** PG Foils (Rs.80) **has reported net profit of around Rs.8 cr. after provisions of Rs.4 cr. towards key man insurance policy. Results are encouraging in line with expectations. The stock is under accumulation by a leading broking firm for knowledgeable investors. *
** Kesar Enterprises (Rs.72) **has reported encouraging results as its March 2008 quarter profit flared sharply to Rs.8.46 cr. against just Rs.28 lakh during same period of last year. *
*A subsidiary company was formed on 21st January 2008 by the name of Kesar Terminals & Infrastructure Ltd. but commercial operations are yet to commence. *
*Restructuring is said to be on and the company has the benefit of a low capital base of Rs.6.79 cr. It has a diversified product base with good income from its storage division and the full benefit of expansion will come in FY09. The liquor industry is also growing rapidly over the past decade and expected to do very well in coming years. *
*Expected surge in sugar prices will benefit Kesar Enterprises. It also has good real estate, which will benefit long-term investors. Buy on reaction around Rs.65 level. *
** Mather & Platt Pumps (Rs.123) **results were below expectations. Current quarter results, too, may not be encouraging. *
** Disa India's (Rs.1606) **March 2008 quarter results are below expectations in view of the economic slowdown and the fall in margins of foundries. Investors can partly switch to Atlas Copco for better growth. *
** Ferro Alloys Corpn.'s (Rs.30) **results are encouraging. Hold on to the stock. *
** **Mumbai real estate prices are still firm and many builders have increased rates recently.
** Orchid Chemicals (Rs.255) **and Reliance Petro (Rs.203) are likely to remain in action. Hold on to them.
*
** Saregama India (Rs.130) **is another good stock available at an attractive valuation of Rs.130. *
** **Sugar prices are likely to remain high. Stay invested in sugar stocks.