Dredging Corporation surges 6.2% in 2 days after strong Q4 earnings
Wednesday, May 30, 2012 |
|
Dredging Corporation of India rose 1.77% to Rs 250.55 at 15:10 IST
on BSE, with the stock extending Tuesday's 4.43% rally triggered by the
company reporting strong Q4 results.Meanwhile, the BSE Sensex was down 140.86 points or 0.86% to 16,297.72. On BSE, 19,927 shares were traded in the counter as against average daily volume of 19,721 shares in the past one quarter. The stock hit a high of Rs 256.65 and a low of Rs 246.10 so far during the day. The stock had hit a 52-week high of Rs 344 on 1 June 2011. The stock had hit a 52-week low of Rs 187.05 on 20 December 2011. The small-cap stock had underperformed the market over the past one month till 29 May 2012, falling 13.52% compared with the Sensex's 4.36% fall. The scrip had also underperformed the market in past one quarter, tumbling 19.29% as against Sensex's 7.4% fall. The company has an equity capital of Rs 28 crore. Face value per share is Rs 10. The Dredging Corporation of India (DCI) stock has rallied 6.27% in two trading sessions from Rs 235.75 on Monday, 28 May 2012, after the company reported strong Q4 earnings after market hours on 28 May 2012. The stock had risen 4.43% to settle at Rs 246.20 on Tuesday, 29 May 2012. DCI's net profit jumped 157.9% to Rs 28.96 crore on 76.5% growth in net sales to Rs 162.99 crore in Q4 March 2012 over Q4 March 2011. Net profit fell 66.6% to Rs 13.18 crore on 2.3% growth in net sales to Rs 468.27 crore in the year ended 31 March 2012 (FY 2012) over the year ended 31 March 2011 (FY 2011). The board of directors of the firm decided not to declare any dividend for FY 2012 due to the massive capital commitments underway towards procurement of three Trailer Suction Hopper Dredgers amounting to about Rs 1500 crore for which orders have been placed. State-owned Dredging Corporation of India (DCI) is the premier dredging company in the country. Dredging is the process of excavating/ or removing soil/or rock from under the water by a dredger. The main objective of dredging is the creation of deeper water to improve navigation. The Government of India (GoI) holds 78.56% stake in the firm. |
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Thursday, May 31, 2012
Dredging Corporation of India Ltd
Monday, May 28, 2012
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.
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.
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
Tuesday, May 15, 2012
Monday, May 14, 2012
AGC Networks Ltd
http://www.agcnetworks.com/admin/upload-file/descfile/temp/AGC%20Press%20Release%20Q4%20&%20Annual%20result%20FY%2011-12.pdf
AGC Networks Overview FY 2011-12 Analyst Meet
results
http://www.agcnetworks.com/admin/upload-file/descfile/temp/AGC%20Networks%20Overview%20FY%202011-12%20Analyst%20Meet%2011%20May%202012.pdf
results
http://www.agcnetworks.com/admin/upload-file/descfile/temp/AGC%20Networks%20Overview%20FY%202011-12%20Analyst%20Meet%2011%20May%202012.pdf
Relaxo Footwears Ltd BUY AT375.00
Relaxo Footwears Ltd. (RFL) is one of India's large footwear companies headquartered in Delhi. It stepped into the footwear industry in 1976. It started off with the manufacture of Hawaii slippers and subsequently diversified into manufacturing casuals, joggers, school and leather shoes. The company has established 10 manufacturing units spanning North India. These are located in Delhi, Bahadurgarh (Haryana) and Bhiwadi (Rajasthan). With a cumulative area of over 120,000 sq. feet, these units have a huge set up enabling massive capacities. Each manufacturing unit is equipped with world-class machinery and hi-tech product testing laboratories.
http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=5056
RFL has now grown into a large-scale entrepreneurship catering to quintessential Indian citizen. From amodest sale figure of Rs. 1 million in 1977 to more than Rs. 5000 million recently; the company has experienced a record breaking growth since inception. Today, the company manufactures over 3 lakh pairs of footwear per day, which approximately adds up to sales of over 8.65 crs pairs per year
http://cmlinks.com/moneypore/profilenew/financial.asp?mainopt=8&cocode=5056
Thursday, May 10, 2012
AGC Networks Ltd (BUY) CMP235.00)
(formerly Avaya GlobalConnect)
AGC Networks Ltd. is India's leading enterprise communication solution integrator delivering customized business solutions that help organizations accelerate revenue growth, increase market penetration, optimize operating costs and improve employee productivity, by embedding communication in their business processes. With a vision of being a world class solution integrator of choice in enterprise communication and to provide best-in-class enterprise communication solutions enabling customers to accelerate their business performance, AGC Networks Ltd. has always remained committed to add more possibilities to its clients and provide them with the best returns on their technology investments. It has partnered with global leaders like Avaya Inc., NICE Systems, NEC, Polycom Inc., Plantronics Inc., Extreme Networks, HP and Sony to name a few, to provide sharp customized enterprise communication solutions. For more information visit the AGC Networks Ltd. web site: http://www.agcnetworks.com/
last year Essar Capital Finance Ltd has made an offer to buy an additional 2.8 million shares, or 20% equity stake, in AGC Networks Ltd at Rs 274
COMPANY PAID 150 % DIV FOR YEAR 2012.POSTED EXCELLENT RESULTS. (ESSER GROUP) COMPANY.
BUY AT CMP HOLD FOR TARGET OF 350 SOON
http://www.bseindia.com/xml-data/corpfiling/AttachLive/AGC_Networks_Ltd_100512_Rst.pdf
Monday, May 7, 2012
Shalimar Paints Ltd
shalimar Paints Ltd has announced its Financial Results for the period ended March 31, 2012.
The company has posted net profit of Rs.60 million for the quarter ended March 31, 2012 as compared to Rs.35.4 million for the quarter ended March 31, 2011, representing an increase of 69.49%.
Total income was at Rs.1484 million for the quarter ended March 31, 2012 where as the same was at Rs.1297.3 million for the quarter ended March 31, 2011, representing an increase of 14.39%.
The company has reported an EPS of Rs.15.85 for the quarter ended March 31, 2012 as compared to Rs.9.35 for the quarter ended March 31, 2011.
The company has posted net profit of Rs.144.6 million for the year ended March 31, 2012 as compared to Rs.116.7 million for the year ended March 31, 2011, representing an increase of 23.91%.
Total income was at Rs.4864.5 million for the year ended March 31, 2012 where as the same was at Rs.4071.6 million for the year ended March 31, 2011, representing an increase of 19.47%.
The company has reported an EPS of Rs.38.20 for the year ended March 31, 2012 as compared to Rs.30.82 for the year ended March 31, 2011.
http://www.shalimarpaints.com/images/pdf/Shalimar_Corporate_Presentation_Mar2011.pdf
The company has posted net profit of Rs.60 million for the quarter ended March 31, 2012 as compared to Rs.35.4 million for the quarter ended March 31, 2011, representing an increase of 69.49%.
Total income was at Rs.1484 million for the quarter ended March 31, 2012 where as the same was at Rs.1297.3 million for the quarter ended March 31, 2011, representing an increase of 14.39%.
The company has reported an EPS of Rs.15.85 for the quarter ended March 31, 2012 as compared to Rs.9.35 for the quarter ended March 31, 2011.
The company has posted net profit of Rs.144.6 million for the year ended March 31, 2012 as compared to Rs.116.7 million for the year ended March 31, 2011, representing an increase of 23.91%.
Total income was at Rs.4864.5 million for the year ended March 31, 2012 where as the same was at Rs.4071.6 million for the year ended March 31, 2011, representing an increase of 19.47%.
The company has reported an EPS of Rs.38.20 for the year ended March 31, 2012 as compared to Rs.30.82 for the year ended March 31, 2011.
http://www.shalimarpaints.com/images/pdf/Shalimar_Corporate_Presentation_Mar2011.pdf
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