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Friday, May 18, 2012

Bharat Bijlee Ltd BUY (616.00)

Bharat Bijlee Limited (BBL) was incorporated in 1946 in Mumbai. BBL is one of the leaders in the electrical engineering industry in India. Its main business segments are transformers, projects, electric motors, elevator systems and drives. The company has branches in 13 cities spread across the country. 

Diversified product portfolio
 
BBL is one of the leading players in the Indian electrical engineering industry.
 A multi-product , mulch-division organization, its business divisions are transformers, projects, electric motors, elevator systems and drives. The products are being used in sectors such as power, agriculture, manufacturing units, etc. This diversified product portfolio helps the company mitigate risks of a downturn in any one industry.

BACKGROUND
BBL was incorporated in 1946 in Mumbai. It is one of the leaders in the electrical engineering industry in India. Its main business segments are transformers, projects,
electric motors, elevator systems and drives. The company has its branches in 13 different cities spread across the country. The elevator systems operations business was divested into a subsidiary Kone Elevators (India) Pvt Ltd in 2004. The company's manufacturing facilities are located in Airoli in Navi Mumbai. Key clients for BBL are DelhiTransco, Maharashtra State Electricity Transmission Co, CESC, etc. 



STOCK CORRECTED FROM 1300 TO 560 PERFORMANCE TURNAROUND SAW  IN Q4  RESULTS  .PAID 250% DIV EXPECTING STOCK COULD TOUCH 800 IN NEXT 3 MONTHS.  BUY ON EVERY DECLINE .

IT HAS LONG TERM  INVESTMENTS  WORTH 245 CR. VS CURRENT M.CAP IS ONLY 370CR  WHAT ABOUT   700CR SALES AND BRAND VALUE ? I




CURRENT VALUE AS ON TODAY

SIEMENS - 24,35,160 * CMP (690)=  153.4 CR
HDFC            5,14,900* CMP (640)=     33  CR
ICICIBANK      15,800*CMP (700)=       1CR  
HINDOILEXPO 3,33,333*CMP(100)=     3.3CR
MUTUAL FUNDS                                    55CR
  TOTAL INVESTMENTS                      245CR



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