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Saturday, September 29, 2007

BEST BUY -LLOYD ELECTRIC &ENGG

BUY Lloyd Electric & Engineering
Current Price Rs 182

BSE Code 517518 Face Value Rs 10 NSE Symbol LLOYDELENG

Lloyd Electric & Engineering is in the business of manufacturing of Heat Exchanger Coils for airconditioning and refrigeration application as well as assembling of airconditioner equipment for all the leading domestic and MNC brands. The company is also a key player in metro and normal railway coach airconditioning units. It has chalked out aggressive organic and inorganic plans to capitalise on the fast growth in Heating, Ventilation, Air-conditioning and Refrigeration industry in India and other Asian and Gulf countries.

All the following EPS are on current equity, which will increase after the proposed qualified institutional placement.Actual EPS for March 2006 Rs 9.1 Projected EPS for March 2008 Rs 22.0 Actual EPS for March 2007 Rs 15.3

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