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Friday, September 21, 2007

RED HOT STOCKS TO BUY FOR NEXT ONE OR TWO QUARTERS

Indsil Electrosmelts
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Group Asset Profile
1.INDSIL ELECTROSMELTS LTD.,Smelter Works at Palakkad, Kerala.
* Ferro alloy smelter* Steel melt shop
* Low carbon Silico Manganese (14,000 tpy)* Mild steel ingots (30,000 tpy)
Rs 1140 million

2.INDSIL ELECTROSMELTSHydro electric works at Rajakkad, Idukki District, Kerala
* 21 MW hydro electric power plant
* Power
Rs 180 million

3.INDSIL ENERGY AND ELECTROCHEMICALS LTD.,Works at Raipur, Chattisgarh
* Ferro alloy smelter
* Low carbon Silico Manganese (12000 tpy)* Regular Silico Manganese (8400 tpy)
Rs 750 million

4.INDSIL ENERGY AND ELECTROCHEMICALS LTD.,Power plants
* 12 MW coal fired thermal power plant
* Power
Rs 280 million
INDSIL ELECTROSMELTS LIMITED - Note on Performance for Quarter ended 30 June 2007
http://www.indsil.com/download86.html

INDSIL ELECTROSMELTS LIMITED - Note on Performance for Quarter ended March 31, 2007
http://www.indsil.com/download81.html


FUTURE PROSPECTS :
Low carbon Silico Manganese prices have started looking up towards the end of the year. The stainless steel industry, after a
brief lull, has started picking up steam and is expected to drive demand for your company's products in a strong manner.

The coming year should witness stable operating profits on the smelter side and the hydro electric division subject to normal
monsoon conditions, should witness an average PLF of about 25%.

Your company has recently acquired rights to set up hydro electric power projects totaling to 20 MW capacity in the State of
Kerala.
The company is also bidding for rights to set up another 8 to 10 MW and in sum total, generating capacity of the hydro
electric division is expected to touch 50 MW by the year 2008-09 yielding operating profits of about Rs.75 crores per annum.

BUY FOR LONG TERM PROSPECTIVE

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