This document provides an equity research report on Premier Explosives Ltd, an Indian company that manufactures explosives and accessories. The report discusses the company's background, financial performance, peer comparison, and risks. It recommends the stock as a potential multibagger, citing the company's consistent growth, expansion into new markets, and upside potential given government plans driving demand in the mining and power industries. The target price is Rs. 150, representing upside of over 100% from the current market price.
Tide Water Oil is an Indian lubricant company with a market cap of Rs. 6,747 crores. It has seen revenue and profit growth of 13.61% and 21% respectively over the past 3 years. The report recommends the stock with an 18-24 month target price of Rs. 12,500, citing opportunities for international expansion through a recent acquisition and a technical collaboration with a major Japanese lubricant company. However, risks include volatility in base oil prices and competition from large players in the domestic market.
This document provides an equity research report on Acrysil (India) Ltd, which manufactures quartz and granite kitchen sinks. Some key points:
- Acrysil is a leading manufacturer of composite quartz sinks in India and exports to over 30 countries. Exports account for 80% of revenues.
- Recent developments include adding new institutional customers, entering new geographies, and launching new product lines in India to target the premium kitchen segment.
- Financial performance has been positive with rising revenues, though profits have recently declined due to higher raw material costs. Forecasts estimate continued revenue and profit growth.
- Risks include reliance on exports and susceptibility to global economic conditions, as well as inflation
Rane Brake Lining Ltd (RBL) is an auto ancillary company and domestic leader in friction material products. It manufactures brake linings, disc pads, clutch facings, and composite brake blocks. RBL was awarded the prestigious Deming Grand Prize in 2013, marking a milestone in its excellence journey. The company has four manufacturing plants in India and supplies products to automotive OEMs, the Indian Railways, and exports to 15 countries. RBL is led by a strong management team focused on quality and research & development.
De Nora India Ltd is an Indian subsidiary of De Nora, a global leader in electrochemical technologies. Some key points:
- De Nora India reported a net profit of Rs. 9.72 million for the quarter ending September 2010, up from a net loss in the same quarter the previous year. Sales increased 55.72% to Rs. 44.13 million.
- For the quarter ending June 2010, De Nora India's net profit rose 105.17% to Rs. 11.9 million compared to the same quarter the previous year. Sales increased 56.08% to Rs. 46.3 million.
- Estimated earnings show continued growth with net sales projected to be Rs. 64.63
Plastiblends India Ltd is India's largest manufacturer and exporter of color and additive masterbatches and thermoplastic compounds. The report provides an overview of the company's background, facilities, products, achievements and financial performance. It also discusses the Indian masterbatch market outlook, forecasting growth of 23% annually until 2018 driven by increased plastic usage in industries like packaging, healthcare and automotive. The company has a leading 12% market share in India's fragmented masterbatch industry.
This equity research report provides an overview of Shaily Engineering Plastics Ltd, a manufacturer of plastic components and subassemblies. Some key points:
- The company has five manufacturing facilities in Gujarat producing components for industries like FMCG, pharmaceuticals, auto, and more.
- It caters to major domestic and international clients and has long-standing relationships. Exports are diversified globally.
- A new plant produces child-resistant packaging for pharmaceuticals with capacity for 100 million units. Approval from two drug companies received.
- The report recommends the stock as a potential multibagger, setting a target price significantly higher than the current market price.
Camlin Fine Chemicals Ltd is an Indian manufacturer and exporter of bulk drugs, fine chemicals, and food grade products. The company produces active pharmaceutical ingredients, food antioxidants, and sweeteners. It has two business divisions: Food Ingredients and Industrial Products. Camlin has a research and development facility focused on product and process improvements. The company has expanded its production capacity over the years through investments and acquisitions. Camlin's key products include the food antioxidants TBHQ and BHA, as well as the sweetener sucralose.
This report provides an analysis of Superhouse Ltd, an Indian company that manufactures and exports leather, leather products, and textile garments. It discusses the company's background and facilities, financial performance, industry overview, and recommends the stock as a potential investment. Key points include that Superhouse has annual revenues over Rs. 4,000 crores and 15 manufacturing units in India. The report provides financial details, compares it to peers, and forecasts continued growth in the coming quarters.
Tide Water Oil is an Indian lubricant company with a market cap of Rs. 6,747 crores. It has seen revenue and profit growth of 13.61% and 21% respectively over the past 3 years. The report recommends the stock with an 18-24 month target price of Rs. 12,500, citing opportunities for international expansion through a recent acquisition and a technical collaboration with a major Japanese lubricant company. However, risks include volatility in base oil prices and competition from large players in the domestic market.
This document provides an equity research report on Acrysil (India) Ltd, which manufactures quartz and granite kitchen sinks. Some key points:
- Acrysil is a leading manufacturer of composite quartz sinks in India and exports to over 30 countries. Exports account for 80% of revenues.
- Recent developments include adding new institutional customers, entering new geographies, and launching new product lines in India to target the premium kitchen segment.
- Financial performance has been positive with rising revenues, though profits have recently declined due to higher raw material costs. Forecasts estimate continued revenue and profit growth.
- Risks include reliance on exports and susceptibility to global economic conditions, as well as inflation
Rane Brake Lining Ltd (RBL) is an auto ancillary company and domestic leader in friction material products. It manufactures brake linings, disc pads, clutch facings, and composite brake blocks. RBL was awarded the prestigious Deming Grand Prize in 2013, marking a milestone in its excellence journey. The company has four manufacturing plants in India and supplies products to automotive OEMs, the Indian Railways, and exports to 15 countries. RBL is led by a strong management team focused on quality and research & development.
De Nora India Ltd is an Indian subsidiary of De Nora, a global leader in electrochemical technologies. Some key points:
- De Nora India reported a net profit of Rs. 9.72 million for the quarter ending September 2010, up from a net loss in the same quarter the previous year. Sales increased 55.72% to Rs. 44.13 million.
- For the quarter ending June 2010, De Nora India's net profit rose 105.17% to Rs. 11.9 million compared to the same quarter the previous year. Sales increased 56.08% to Rs. 46.3 million.
- Estimated earnings show continued growth with net sales projected to be Rs. 64.63
Plastiblends India Ltd is India's largest manufacturer and exporter of color and additive masterbatches and thermoplastic compounds. The report provides an overview of the company's background, facilities, products, achievements and financial performance. It also discusses the Indian masterbatch market outlook, forecasting growth of 23% annually until 2018 driven by increased plastic usage in industries like packaging, healthcare and automotive. The company has a leading 12% market share in India's fragmented masterbatch industry.
This equity research report provides an overview of Shaily Engineering Plastics Ltd, a manufacturer of plastic components and subassemblies. Some key points:
- The company has five manufacturing facilities in Gujarat producing components for industries like FMCG, pharmaceuticals, auto, and more.
- It caters to major domestic and international clients and has long-standing relationships. Exports are diversified globally.
- A new plant produces child-resistant packaging for pharmaceuticals with capacity for 100 million units. Approval from two drug companies received.
- The report recommends the stock as a potential multibagger, setting a target price significantly higher than the current market price.
Camlin Fine Chemicals Ltd is an Indian manufacturer and exporter of bulk drugs, fine chemicals, and food grade products. The company produces active pharmaceutical ingredients, food antioxidants, and sweeteners. It has two business divisions: Food Ingredients and Industrial Products. Camlin has a research and development facility focused on product and process improvements. The company has expanded its production capacity over the years through investments and acquisitions. Camlin's key products include the food antioxidants TBHQ and BHA, as well as the sweetener sucralose.
This report provides an analysis of Superhouse Ltd, an Indian company that manufactures and exports leather, leather products, and textile garments. It discusses the company's background and facilities, financial performance, industry overview, and recommends the stock as a potential investment. Key points include that Superhouse has annual revenues over Rs. 4,000 crores and 15 manufacturing units in India. The report provides financial details, compares it to peers, and forecasts continued growth in the coming quarters.
- Mold-Tek Packaging Ltd is a leading manufacturer of rigid plastic packaging in India with a 25% market share. It produces plastic containers for paints, lubricants, food, and FMCG products.
- The company recently raised Rs. 55 crores through a QIP to expand operations by setting up new plants in India and the UAE and increasing capacities of its tool room and food packaging facilities.
- Financial performance has been strong with net profits rising 74.8% in the December 2014 quarter and 72.6% in the September 2014 quarter compared to the prior year periods. Net sales have also increased annually.
- The company expects further growth driven by its in-mold labeling segment
This document provides an equity research report on Chemfab Alkalis Ltd, a commodity chemicals company based in Chennai, India. The report discusses the company's background and products, recent developments including replacing old plants, financial performance over the last six quarters, peer comparison, and risks. The report recommends the stock, noting the company stands to benefit from rebounding domestic demand and higher international caustic soda prices. The target price is Rs. 170, with an expected return of 12-24 months.
SMS Pharmaceuticals is an integrated pharmaceutical company focused on API manufacturing with a presence in over 70 countries. The report provides an equity research analysis on SMS Pharmaceuticals with a target price of Rs. 1100 based on a 18-24 month timeframe. Key details include SMS Pharma's financial performance over the last 6 quarters, expected future earnings, peer comparison, and risks. The report recommends SMS Pharma given its robust product portfolio, largest producer of anti-ulcer products, manufacturing facilities approved by USFDA and European authorities, and plans to invest in expanding facilities in Andhra Pradesh.
This document provides an equity research report on Pokarna Ltd, an Indian company that exports granite and manufactures quartz surfaces. It discusses the company's background, recent developments, financial performance, peer comparisons, risks, and provides a recommendation to purchase the stock with a target price of Rs. 1975 within 12-24 months. The report also provides an overview of the favorable outlook for the granite, quartz, flooring and countertop industries globally and in key markets like North America, Europe and Asia.
Asian Granito India Ltd is a manufacturer of ceramic tiles based in India. The report provides an overview of the company's background, products, financial performance and recent developments. Key points include:
- The company has expanded its production capacity significantly over the past decade and now has 8 manufacturing plants.
- In FY14, revenues were Rs. 759 crore and net profit was Rs. 14.15 crore. In Q1 FY15, revenues were Rs. 176 crore and net profit was Rs. 3.35 crore.
- Recent developments include opening new showrooms, acquiring a new subsidiary, and using contract manufacturing to further expand production capacity.
This report provides an equity research analysis of Ultramarine & Pigments Ltd., a specialty chemicals company based in India. The report discusses the company's background and operations in pigments, surfactants, and IT services. It highlights recent developments like plans to expand surfactant production and an increased focus on IT services. Financially, the company has seen rising revenues and profits in recent quarters. The report recommends the stock as a potential multibagger, setting a target price that is 80% higher than the current market price.
Sri Adhikari Brothers Television Network Ltd is an Indian media and entertainment company with a market capitalization of Rs. 892.76 crore. Some recent developments at the company include the approval of the allotment of 51.25 lakh equity shares, reviewing the strategy of their music and comedy channel Mastiii which became the number one music channel in Mumbai and major Hindi markets within 3 weeks, and fixing the dates for their annual general meeting and book closure for dividend. The company's financial performance has also improved with net sales rising 42.48% in Q1 FY2011 and net profit turning positive. The research report provides earnings estimates for the next two quarters expecting continued robust growth.
Petronet LNG Ltd is India's largest importer of LNG with long term supply contracts with RasGas of Qatar and Exxon Mobil's Gorgon project in Australia. The company has seen strong growth in recent years with net profit rising 112% in Q4 FY2011 and 53% for the full year. Future outlook is positive due to increasing demand for cleaner natural gas and the company's expansion plans. However, risks include volatility in international LNG prices and regulatory changes.
Bambino Agro Industries Ltd is a leading producer of vermicelli in South Asia, with a household name in India. It has four manufacturing units across India equipped with modern facilities. The company focuses on R&D to develop new product lines and maintains stringent quality control. It has a large distribution network across India as well as exporting to various international markets. The report provides an overview of the company's background and operations, and recommends the stock as a potential investment.
Aurobindo Pharma Ltd is an Indian pharmaceutical company with a market capitalization of Rs. 54543.9 million. The equity research report from Saral Gyan Capital Services provides an overview of the company, recent developments, financial performance, investment rationale, and risks. Key points include Aurobindo generating over 70% of its revenues from international markets, guidance for 15-20% revenue growth in the US market, and plans to aggressively file 25 ANDAs per year to drive future growth. The report recommends Aurobindo Pharma as a buy with a 12-18 month target price of Rs. 275 per share.
The document provides an equity research report on Stylam Industries Ltd., which manufactures high-pressure laminates. Some key points:
- Stylam is a leading manufacturer of decorative laminates in India and exports to over 80 countries. It has several quality certifications and a new manufacturing plant.
- The report discusses the laminate industry outlook, noting increasing demand from the housing and construction sectors. It is expected to grow at a 11.2% CAGR to 2020.
- Recent developments for Stylam include winning a rising star brand award and emerging as a leading laminate exporter to Italy through high-quality, innovative designs.
- Stylam is developing a new building at an IT park
This report provides an analysis of Emmi Industries Ltd, an Indian packaging company. Key points:
- Emmi manufactures flexible packaging products like flexible intermediate bulk containers and woven sacks. It has a manufacturing facility in Silvassa, India.
- The company supplies domestic and international customers in over 52 countries. Exports contributed 49% of revenue in FY16.
- Emmi is focusing on value-added products like water conservation and agriculture products for the domestic market. It has an R&D center approved by the Indian government.
- Recent developments include the company gaining recognition as an R&D center and expanding into food-grade packaging. Financial performance has been positive with increasing revenues
Ratio Analysis of the Sitara Chemical Industries Ltd.
In this content there have a different ratio analysis is Incoem statment ratio analysis, balance sheet ratio analysis, liquidity ratio analysis, cash ratio analysis, longterm ratio analysis and some more ratio analysis.
All complete detail of the company will make helpful.
Sitara Chemical Industries Ltd is a Pakistani chemical manufacturer founded in 1981. It produces chemicals like caustic soda, chlorine, and fertilizers. The document discusses the company's vision, mission, businesses, objectives, financial ratios analyzing liquidity, activity, profitability, and solvency. It also presents a SWOT analysis and recommendations to increase production capacity, product lines, and provide online customer services. The ratio analysis shows some ratios decreased or increased compared to the previous year. Overall, the company has a strong market position but needs measures to maintain its profitability.
The document provides information about Bharat Forge Limited, an Indian manufacturing company. It discusses the company's registered name, mission and vision statement, year of establishment, promoters, current turnover, growth statistics, major product lines, brands, location of operations, number of employees, and future plans. The document contains details about Bharat Forge's open die forging and closed die forging product lines.
Godrej Properties Limited is a real estate company headquartered in Mumbai, India that was established in 1990. Originally founded as Sea Breeze Constructions and Investments Private Limited in 1985, the company changed its name to Godrej Properties Limited in 2009. Currently, Godrej Properties focuses on residential, commercial, and township developments across India and has completed over 5 million square feet of projects. The company is led by Chairman Adi Godrej and has seen increasing total assets, liabilities, and revenues from 2013 to 2015 as it has expanded its operations.
Southern Chemicals Ltd. is proposing a project to manufacture Di-basic Calcium Phosphate with a capacity of 4,000 MT per year for feed grade and 4,000 MT for pharmaceutical (IP) grade. The key details provided in the document include raw material requirements and availability, market potential for both grades, financial projections for the project over 5 years, and questions to be answered regarding project profitability, cash flows, appraisal metrics, and uncertainties.
- Shiv-Vani Oil & Gas Exploration Services Limited reported consolidated financial results for the year ending March 31, 2013.
- Consolidated operating income decreased by 16.48% to Rs. 12,395 million compared to Rs. 14,840 million in the previous year. Net profit declined by 89.30% to Rs. 224 million from Rs. 2,093 million in 2011-12.
- The company expanded its operations from onshore to offshore drilling by obtaining a contract in Egypt but operations were impacted by the dehiring of some rigs and cancellation of a coal bed methane contract by ONGC.
The document recommends buying shares of Vedanta Ltd, an Indian natural resources company. It is currently trading at Rs. 249.05 per share and has an upside potential of 17.2% to reach the target price of Rs. 292 within 90 days. Vedanta has significantly outperformed the broader market in returns over the past year. The recommendation is based on technical analysis and the company's strong financial performance in recent quarters with rising revenues, profits, and earnings per share.
Saral Gyan - 15% @ 90 Days - March 2017SaralGyanTeam
City Union Bank stock is recommended as a buy for short term gains within 90 days. The stock price is currently Rs. 143.95 but is predicted to rise to Rs. 168, a potential upside of 16.7%. Quarterly results show the bank has experienced rising revenues, profits, and EPS over the past year. Technical analysis further supports the stock reaching resistance levels that justify the price target. However, investors are advised to make independent decisions as this is an independent equity research report and not a solicitation.
Prima Plastics is one of the largest plastic moulded furniture manufacturers in India with a market share of around 6%. The company exports to countries in Africa, Americas, and the Middle East. It has two manufacturing plants in India and a 50% joint venture in Cameroon, Africa. Prima Plastics is expanding its manufacturing capacity in India and Africa to meet growing demand. The company is also exploring setting up a new joint venture in Central America to expand its international reach. In the past, Prima Plastics diversified into aluminum composite panels but later closed this division due to challenges.
- Mold-Tek Packaging Ltd is a leading manufacturer of rigid plastic packaging in India with a 25% market share. It produces plastic containers for paints, lubricants, food, and FMCG products.
- The company recently raised Rs. 55 crores through a QIP to expand operations by setting up new plants in India and the UAE and increasing capacities of its tool room and food packaging facilities.
- Financial performance has been strong with net profits rising 74.8% in the December 2014 quarter and 72.6% in the September 2014 quarter compared to the prior year periods. Net sales have also increased annually.
- The company expects further growth driven by its in-mold labeling segment
This document provides an equity research report on Chemfab Alkalis Ltd, a commodity chemicals company based in Chennai, India. The report discusses the company's background and products, recent developments including replacing old plants, financial performance over the last six quarters, peer comparison, and risks. The report recommends the stock, noting the company stands to benefit from rebounding domestic demand and higher international caustic soda prices. The target price is Rs. 170, with an expected return of 12-24 months.
SMS Pharmaceuticals is an integrated pharmaceutical company focused on API manufacturing with a presence in over 70 countries. The report provides an equity research analysis on SMS Pharmaceuticals with a target price of Rs. 1100 based on a 18-24 month timeframe. Key details include SMS Pharma's financial performance over the last 6 quarters, expected future earnings, peer comparison, and risks. The report recommends SMS Pharma given its robust product portfolio, largest producer of anti-ulcer products, manufacturing facilities approved by USFDA and European authorities, and plans to invest in expanding facilities in Andhra Pradesh.
This document provides an equity research report on Pokarna Ltd, an Indian company that exports granite and manufactures quartz surfaces. It discusses the company's background, recent developments, financial performance, peer comparisons, risks, and provides a recommendation to purchase the stock with a target price of Rs. 1975 within 12-24 months. The report also provides an overview of the favorable outlook for the granite, quartz, flooring and countertop industries globally and in key markets like North America, Europe and Asia.
Asian Granito India Ltd is a manufacturer of ceramic tiles based in India. The report provides an overview of the company's background, products, financial performance and recent developments. Key points include:
- The company has expanded its production capacity significantly over the past decade and now has 8 manufacturing plants.
- In FY14, revenues were Rs. 759 crore and net profit was Rs. 14.15 crore. In Q1 FY15, revenues were Rs. 176 crore and net profit was Rs. 3.35 crore.
- Recent developments include opening new showrooms, acquiring a new subsidiary, and using contract manufacturing to further expand production capacity.
This report provides an equity research analysis of Ultramarine & Pigments Ltd., a specialty chemicals company based in India. The report discusses the company's background and operations in pigments, surfactants, and IT services. It highlights recent developments like plans to expand surfactant production and an increased focus on IT services. Financially, the company has seen rising revenues and profits in recent quarters. The report recommends the stock as a potential multibagger, setting a target price that is 80% higher than the current market price.
Sri Adhikari Brothers Television Network Ltd is an Indian media and entertainment company with a market capitalization of Rs. 892.76 crore. Some recent developments at the company include the approval of the allotment of 51.25 lakh equity shares, reviewing the strategy of their music and comedy channel Mastiii which became the number one music channel in Mumbai and major Hindi markets within 3 weeks, and fixing the dates for their annual general meeting and book closure for dividend. The company's financial performance has also improved with net sales rising 42.48% in Q1 FY2011 and net profit turning positive. The research report provides earnings estimates for the next two quarters expecting continued robust growth.
Petronet LNG Ltd is India's largest importer of LNG with long term supply contracts with RasGas of Qatar and Exxon Mobil's Gorgon project in Australia. The company has seen strong growth in recent years with net profit rising 112% in Q4 FY2011 and 53% for the full year. Future outlook is positive due to increasing demand for cleaner natural gas and the company's expansion plans. However, risks include volatility in international LNG prices and regulatory changes.
Bambino Agro Industries Ltd is a leading producer of vermicelli in South Asia, with a household name in India. It has four manufacturing units across India equipped with modern facilities. The company focuses on R&D to develop new product lines and maintains stringent quality control. It has a large distribution network across India as well as exporting to various international markets. The report provides an overview of the company's background and operations, and recommends the stock as a potential investment.
Aurobindo Pharma Ltd is an Indian pharmaceutical company with a market capitalization of Rs. 54543.9 million. The equity research report from Saral Gyan Capital Services provides an overview of the company, recent developments, financial performance, investment rationale, and risks. Key points include Aurobindo generating over 70% of its revenues from international markets, guidance for 15-20% revenue growth in the US market, and plans to aggressively file 25 ANDAs per year to drive future growth. The report recommends Aurobindo Pharma as a buy with a 12-18 month target price of Rs. 275 per share.
The document provides an equity research report on Stylam Industries Ltd., which manufactures high-pressure laminates. Some key points:
- Stylam is a leading manufacturer of decorative laminates in India and exports to over 80 countries. It has several quality certifications and a new manufacturing plant.
- The report discusses the laminate industry outlook, noting increasing demand from the housing and construction sectors. It is expected to grow at a 11.2% CAGR to 2020.
- Recent developments for Stylam include winning a rising star brand award and emerging as a leading laminate exporter to Italy through high-quality, innovative designs.
- Stylam is developing a new building at an IT park
This report provides an analysis of Emmi Industries Ltd, an Indian packaging company. Key points:
- Emmi manufactures flexible packaging products like flexible intermediate bulk containers and woven sacks. It has a manufacturing facility in Silvassa, India.
- The company supplies domestic and international customers in over 52 countries. Exports contributed 49% of revenue in FY16.
- Emmi is focusing on value-added products like water conservation and agriculture products for the domestic market. It has an R&D center approved by the Indian government.
- Recent developments include the company gaining recognition as an R&D center and expanding into food-grade packaging. Financial performance has been positive with increasing revenues
Ratio Analysis of the Sitara Chemical Industries Ltd.
In this content there have a different ratio analysis is Incoem statment ratio analysis, balance sheet ratio analysis, liquidity ratio analysis, cash ratio analysis, longterm ratio analysis and some more ratio analysis.
All complete detail of the company will make helpful.
Sitara Chemical Industries Ltd is a Pakistani chemical manufacturer founded in 1981. It produces chemicals like caustic soda, chlorine, and fertilizers. The document discusses the company's vision, mission, businesses, objectives, financial ratios analyzing liquidity, activity, profitability, and solvency. It also presents a SWOT analysis and recommendations to increase production capacity, product lines, and provide online customer services. The ratio analysis shows some ratios decreased or increased compared to the previous year. Overall, the company has a strong market position but needs measures to maintain its profitability.
The document provides information about Bharat Forge Limited, an Indian manufacturing company. It discusses the company's registered name, mission and vision statement, year of establishment, promoters, current turnover, growth statistics, major product lines, brands, location of operations, number of employees, and future plans. The document contains details about Bharat Forge's open die forging and closed die forging product lines.
Godrej Properties Limited is a real estate company headquartered in Mumbai, India that was established in 1990. Originally founded as Sea Breeze Constructions and Investments Private Limited in 1985, the company changed its name to Godrej Properties Limited in 2009. Currently, Godrej Properties focuses on residential, commercial, and township developments across India and has completed over 5 million square feet of projects. The company is led by Chairman Adi Godrej and has seen increasing total assets, liabilities, and revenues from 2013 to 2015 as it has expanded its operations.
Southern Chemicals Ltd. is proposing a project to manufacture Di-basic Calcium Phosphate with a capacity of 4,000 MT per year for feed grade and 4,000 MT for pharmaceutical (IP) grade. The key details provided in the document include raw material requirements and availability, market potential for both grades, financial projections for the project over 5 years, and questions to be answered regarding project profitability, cash flows, appraisal metrics, and uncertainties.
- Shiv-Vani Oil & Gas Exploration Services Limited reported consolidated financial results for the year ending March 31, 2013.
- Consolidated operating income decreased by 16.48% to Rs. 12,395 million compared to Rs. 14,840 million in the previous year. Net profit declined by 89.30% to Rs. 224 million from Rs. 2,093 million in 2011-12.
- The company expanded its operations from onshore to offshore drilling by obtaining a contract in Egypt but operations were impacted by the dehiring of some rigs and cancellation of a coal bed methane contract by ONGC.
The document recommends buying shares of Vedanta Ltd, an Indian natural resources company. It is currently trading at Rs. 249.05 per share and has an upside potential of 17.2% to reach the target price of Rs. 292 within 90 days. Vedanta has significantly outperformed the broader market in returns over the past year. The recommendation is based on technical analysis and the company's strong financial performance in recent quarters with rising revenues, profits, and earnings per share.
Saral Gyan - 15% @ 90 Days - March 2017SaralGyanTeam
City Union Bank stock is recommended as a buy for short term gains within 90 days. The stock price is currently Rs. 143.95 but is predicted to rise to Rs. 168, a potential upside of 16.7%. Quarterly results show the bank has experienced rising revenues, profits, and EPS over the past year. Technical analysis further supports the stock reaching resistance levels that justify the price target. However, investors are advised to make independent decisions as this is an independent equity research report and not a solicitation.
Prima Plastics is one of the largest plastic moulded furniture manufacturers in India with a market share of around 6%. The company exports to countries in Africa, Americas, and the Middle East. It has two manufacturing plants in India and a 50% joint venture in Cameroon, Africa. Prima Plastics is expanding its manufacturing capacity in India and Africa to meet growing demand. The company is also exploring setting up a new joint venture in Central America to expand its international reach. In the past, Prima Plastics diversified into aluminum composite panels but later closed this division due to challenges.
This report provides an analysis of Sterling Tools Ltd, an Indian manufacturer of high tensile cold forged fasteners for the automotive industry. The company has outperformed peers with strong revenue growth of 9-14% in recent quarters due to growth in automotive sales. The report recommends the stock as a potential multibagger, setting a target price of Rs. 1400 based on projected revenue increases of 5-10% annually over the next 2 years from continued automotive sector expansion. Key risks include any slowdown in the automotive industry.
The document provides an equity research report on Coral Laboratories Ltd, an Indian pharmaceutical company. It discusses the company's background and product portfolio, recent developments, financial performance, peer comparison, risks, and the analyst's recommendation of the stock as a potential multibagger investment over the next 12-24 months with a target price of Rs. 1100. The report analyses Coral Labs' manufacturing facilities, leadership, export markets, and range of generic drug products across various therapeutic segments.
SpiceJet Ltd stock is recommended as a buy for short term gains within 90 days. At a current price of Rs. 102.25 per share, the target price is Rs. 120 per share, representing an upside potential of 17.4%. Technical analysis indicates support levels of Rs. 97 and Rs. 90 per share, and resistance levels of Rs. 108 and Rs. 115 per share. Over the past year, SpiceJet stock has significantly outperformed the broader market with returns of 49.8% compared to 16.4% for the Sensex.
This document recommends buying shares of Edelweiss Financial Services Ltd for short-term gains over the next 90 days. It provides analysis showing the stock's current price and target price indicate a potential 16.9% upside. Charts show the stock has outperformed the broader market index by over 100% in the past year. The company's most recent quarterly financial results are also summarized, showing increases in total income, net profit, and earnings per share compared to the same period last year. The recommendation is based on technical analysis indicating the stock is currently trading below resistance levels and has support levels that suggest limited downside risk over the recommendation period.
Cera Sanitaryware Ltd is an Indian ceramics company that manufactures sanitaryware and bathroom fittings. It has grown at a rate of over 25% in the past 3 years and aims to become India's largest sanitaryware producer. Recent developments include unveiling a new logo and branding identity to appeal to younger customers, signing Bollywood actress Dia Mirza as a brand endorser, and plans to acquire an Italian brand or factory to enter the high-end sanitaryware segment in India and globally. The company is also expanding its manufacturing capacity in India through investments of Rs. 100 crores.
IFGL Refractories: Buy at CMP and add on declinesIndiaNotes.com
At CMP of Rs 144.8 the stock is trading at 7.0x its FY15E consolidated EPS of Rs 20.5 and 5.7x its FY16E consolidated EPS of Rs 25.5. Investors could buy the stock at CMP and add on dips to Rs.127-134 band for sequential target price of Rs 178 and RS 204 in 2-3 quarters.
BHEL is a leading power equipment manufacturer in India. It manufactures products for power generation, transmission and distribution including gas turbines, turbo generators, pumps, solar water heating systems and electrics for transportation. Some key points:
- BHEL was established in 1964 and has grown to become a major player in India's power sector.
- It manufactures over 180 products across various sectors including power, industry, transportation and telecommunications.
- Major products include gas turbines, turbo generators up to 560MW, pumps for power and industrial plants, solar water heating systems and electrics for urban transportation.
- BHEL has 14 manufacturing units, 8 service centers and supplies products domestically and internationally.
Dai Ichi Karkaria: Buy at CMP and add on declinesIndiaNotes.com
At CMP of Rs 85, the company is trading at 6.1x its FY14 Adjusted EPS of Rs 13.9. Investors could buy the stock at the CMP and add on dips to Rs.70-76 band (~5.25 xFY14 EPS) for sequential target prices of Rs 111 and 125.
JSW Group is one of the fastest growing business conglomerates with a strong presence in the core economic sector. This enterprise has grown from a steel rolling mill in 1982 to a multi business conglomerate.
http://www.unitedworld.edu.in/
Assignment of mergers and acquition.docxArushi232323
Jindal Steel & Power Limited (JSPL) is an Indian steel and power company. From 2018-2023, JSPL engaged in several mergers and acquisitions to expand and diversify its business. Major M&A activities included merging its subsidiary Jindal Power Limited in 2018, acquiring Shadeed Iron and Steel Company in 2019, selling its stake in Jindal Shadeed Iron and Steel in 2020, acquiring a coal mine in 2021, and announcing a merger of associate companies Jindal Stainless Limited and Jindal Stainless (Hisar) Limited in 2023. Financial analysis shows JSPL's profitability, liquidity, solvency, and efficiency improved over this period due to
The key Indian indices opened higher supported by strong Asian markets and quarterly results. Gains were trimmed in the afternoon but markets recovered on buying in metal, realty and auto stocks. The Sensex and Nifty ended up 0.7%.
IVRCL won its first international contracts worth $440 million in Saudi Arabia and Nepal, diversifying geographically. BGR Energy won a $490 million contract in India. Allcargo Global acquired controlling stakes in Hong Kong logistics firms, expecting to boost earnings. Market sentiment was positive supported by company results and deals.
This document provides information about Kushagra Pundeer's internship at Bharat Heavy Electricals Limited (BHEL) in Bhopal, India. It discusses BHEL's water turbine manufacturing block (WTM Block-1), which machines and manufactures hydro turbine components. The document describes the various bays in the WTM Block-1 that house machines like lathes, drilling machines, and boring machines used to machine components of hydro turbines like shafts, sleeves, and guide pieces. It also acknowledges and thanks those at BHEL who supported and guided Kushagra during the internship.
The document provides top business headlines and summaries of key stories. It discusses Vedanta Aluminium acquiring bauxite mines, Samara Capital investing in Monte Carlo Fashions, and DLF selling hotel assets. It also mentions Komli Media raising funds, Zicom acquiring a stake in a Qatar company, and Jyothy Labs merging with Henkel. The weekly economic review discusses a warning by S&P about India's credit rating and slow GDP growth, as well as inflation and industrial production figures.
CARE assigned short-term and long-term credit ratings to JK Tyre & Industries Ltd. The short-term ratings of PR1 were assigned to the company's commercial paper/short-term debt programme and short-term bank facilities, indicating strong capacity for timely repayment. A long-term rating of CARE A was also assigned to the company's long-term bank facilities, reflecting adequate safety for timely debt repayment. However, the ratings are constrained by JK Tyre's high gearing and susceptibility to raw material price fluctuations.
Dalmia Bharat is an investor presentation summarizing the company's business for September 2021. It provides an overview of Dalmia's fundamentals including 13 plants with 30.75 million tons of cement capacity serving 21 states. It highlights Dalmia's leadership in sustainability initiatives and the attractive growth opportunities in its core markets in East India which is expected to see cement demand grow at 6.5-7.5% CAGR through 2025-26. The presentation also reviews Dalmia's financial performance showing consistent revenue and profit margin growth.
Top 5 Best Semiconductor Stocks in India.pdfkundkundtc
Technology is achieving exponential growth in recent times a small chip can run a laptop, refrigerator and almost every electronic device. That chip is known as a semiconductor. Even the EVs are running through the semiconductors. Due to the global pandemic, wars & other imbalances, there has been a shortage of semiconductors for the past two years and the industry faced a revenue loss of around $500 billion. In this blog, we’ll discuss the best semiconductor stocks in India 2022.
Sharda Motor Industries Ltd is a leading auto ancillary company that supplies exhaust and suspension systems to major OEMs in India. It has entered a JV with Eberspaecher to manufacture commercial vehicle exhaust systems, which will double its addressable market and increase content per vehicle. It has also entered the EV space through a JV to develop battery packs and management systems. The document recommends buying the stock considering its strong growth prospects driven by new emission norms and JV performance improvement. It expects the company's revenue, EBITDA and PAT to grow at CAGRs of 21%, 35% and 53% between FY21-24.
Comparative study of financial statementsSupa Buoy
Hi Friends
This is supa bouy
I am a mentor, Friend for all Management Aspirants, Any query related to anything in Management, Do write me @ supabuoy@gmail.com.
I will try to assist the best way I can.
Cheers to lyf…!!!
Supa Bouy
Bharat Forge Limited is an Indian multinational company and global leader in metal forming. It has manufacturing facilities across India, Europe, and China, making it the largest forging manufacturer globally. BFL produces a wide range of components for the automotive and industrial sectors, including powertrain and chassis components. It has a strong customer base of all major global automakers and suppliers. BFL is expanding beyond automotive into sectors like energy, oil & gas, aerospace, and others to diversify its business and drive new growth.
Suryachakra is an Indian conglomerate focused on power generation including renewable energy sources like solar, wind and biomass as well as fossil fuels like coal and diesel. It operates a 20MW diesel power plant in Port Blair, Andaman Islands and has plans for additional coal and clean coal power plants. The company aims to provide reliable and cost-effective energy solutions while pursuing technological innovation and customer satisfaction.
PV Module Manufacturing firms in India profiles 9 companies that manufacture photovoltaic modules in India. The document provides background on the growing solar power industry in India and criteria for shortlisting companies, then details each company's overview, manufacturing facilities, products, certifications, projects, and financial data. It aims to provide information for a prospective acquisition.
The summary covers the company profile of SIFL, its focus on closed die forgings, and certification. It then briefly outlines sections on the trainee's orientation, time in production and die shop departments during the first two
The document provides an overview of the author's industrial training at BHEL Haridwar. It discusses the key sections involved in turbogenerator construction, including stator and rotor bar manufacturing. Safety precautions and the step-by-step arrangement of machinery are emphasized. The author expresses gratitude to their trainer and all those who contributed to their training and report.
Bharat Electronics Limited (BEL) is India's leading defence electronics company under the Ministry of Defence. It was established in 1954 and has since grown into a multi-product, multi-unit company with 9 manufacturing units across India. BEL's budgeting and budgetary control process follows general guidelines issued in 1995. The report analyzes BEL's capital budgeting process and assesses the financial viability of potential projects using standard formats. It also examines BEL's implementation of SAP software across all units and offices to strengthen internal controls. Recommendations are provided to further improve BEL's budgeting and project evaluation procedures.
This document is the directors' report and consolidated financial statements of Eaton Corporation plc for the year ended December 31, 2014. It discusses Eaton's principal activities including its business segments, sales of businesses, backlog, research and development, environmental matters, and principal risks. It also provides a summary of Eaton's 2014 results of operations, noting modest growth in its end markets offsetting the impact of settling two litigation matters. The consolidated financial statements include standard sections such as the consolidated profit and loss account, balance sheet, cash flows, and notes.
This document provides an equity research report on Kabra Extrusiontechnik Ltd, which manufactures plastic extrusion machinery. The report discusses the company's background and operations, recent developments including increased stake by promoters and partnership extensions, financial performance with rising net profits in the most recent quarter, and recommends the stock as a potential investment with a target price implying upside of over 100% within 12-24 months. Key risks mentioned include potential slowdown in the plastics industry.
This document recommends buying shares of NIIT Ltd, an Indian IT training company, based on its current undervaluation. It presents the stock's current price and target price with a potential 16.5% upside over 90 days. It includes charts comparing the stock and index returns over the last year and technical support and resistance levels. It also provides the company's quarterly financial results and basis for the recommendation, which is based on technical analysis. The document disclaims any warranty or liability for investment decisions based on its content.
This document recommends buying shares of Praj Industries Ltd, an Indian engineering company, for potential short-term gains within 90 days. It provides the stock's current price and target price, along with technical analysis showing resistance and support levels. Financial data for the past four quarters demonstrates overall growth in sales, net profit, and earnings per share. The recommendation is based on this technical and fundamental analysis showing the stock is undervalued and has upside potential for investors.
This document recommends buying shares of Dhampur Sugar Mills Ltd, an Indian sugar company, based on its current undervaluation. The stock price is 117.10 rupees but the target price over the next 90 days is 139 rupees, representing an 18.7% upside potential. Recent financial data is presented showing the company's quarterly revenues, expenses, profits, and other details. A technical analysis indicates the stock price supports and resistances in the near term. The recommendation is to buy this stock to benefit from short-term gains over the next 3 months.
- Radico Khaitan Ltd is recommended as a short-term buy based on its current market price of 323.45 and target price of 380, representing potential upside of 17.5%.
- Over the last year, Radico Khaitan's stock returns were 84.8% compared to 3.3% for the Nifty index. Resistance levels are seen at 350 and 372, with support at 315 and 300.
- Quarterly financial results show rising sales, profits and EPS over the past four quarters on a year-over-year basis.
This document provides a stock recommendation for Radico Khaitan Ltd, an Indian beverage company. It recommends buying the stock with an expected 17.6% upside potential within 90 days. The stock analysis is based on the company's financial performance, quarterly results, current market price of Rs. 353 compared to a target price of Rs. 415, and technical analysis showing support and resistance levels. The document discloses its independent equity research status and disclaimer.
The document recommends buying shares of Capital First Ltd for short-term gains within 90 days. It provides the stock's current and target prices, market capitalization, P/E ratio, and other financial details. The quarterly financial results are shown, along with a comparative chart showing Capital First's returns have outperformed the Nifty index over the last year. Technical analysis forms the basis for the recommendation to buy the stock.
This document recommends buying shares of India Glycols Ltd, an Indian chemicals company, for potential short-term gains of 16.7% over the next 90 days. It provides the company's current stock price and target price, as well as comparative charts showing India Glycols' strong stock performance versus the broader market in the last year. Financial data for the past four quarters show increasing sales and profits. The recommendation is based on technical analysis indicating the stock price may rise further.
Waterbase Ltd is an aquaculture company headquartered in Chennai that manufactures shrimp feed and processes farmed shrimp for export. The company has recently received approval to merge Pinnae Feeds Ltd, which manufactures shrimp feed, to expand production capacity. Waterbase was also awarded the 2016 India Shrimp Feed Industry New Product Innovation Leadership Award. Financially, Waterbase reported a profit of Rs. 0.82 crore for the quarter ending March 2017 compared to a loss of Rs. 1.73 crore in the previous year, with sales rising 12.05% to Rs. 62.50 crore.
The document recommends buying shares of Capital First Ltd, an Indian financial services company. It predicts the stock price will rise 16.2% within 90 days based on technical analysis showing the stock has outperformed the market over the last year and supports and resistances. Financial results for the past four quarters are provided, showing increasing revenue and profit. The recommendation is to purchase the stock for short-term gains of 15% over the next 90 days based mainly on technical analysis of past stock performance.
This document recommends buying shares of Gujarat Alkalies & Chemicals Ltd. for short term gains within 90 days. It provides the company's current stock price and target price with an upside potential of 16.5%. Technical analysis indicates resistance and support levels. Financial data for the past quarters show increasing sales, profits, and earnings per share. The recommendation is based on this financial and technical analysis.
The document recommends buying shares of City Union Bank Ltd. for potential short-term gains of 16.5% over the next 90 days. It notes that the stock's current price is 144.20 rupees per share with a target price of 168 rupees. Recent quarterly financial results for the bank are also presented, showing growth in interest income, net profits, and basic earnings per share over the past four quarters. The recommendation is based on technical analysis showing the stock's resistance and support levels as well as its strong 62.2% return over the past year compared to a 4.8% return for the Nifty index.
This report provides an equity research analysis of Zenith Fibres Ltd., a manufacturer of polypropylene staple fibre (PPSF) in India. The report discusses the company's background, recent developments in the textiles industry, financial performance over the last 6 quarters, peer comparison, and risks. The report recommends Zenith Fibres as a investment, citing its focus on quality, new product grades, established production base, and debt-free balance sheet. The report predicts steady growth as new initiatives are absorbed.
Saral Gyan - 15% @ 90 Days - August 2016SaralGyanTeam
The document recommends buying shares of Credit Analysis & Research Ltd. It is currently trading at Rs. 1187.70 per share and the target price is Rs. 1380, representing an upside potential of 16.2%. The company's quarterly financial results are provided, showing steady growth in net profit. A technical analysis indicates the stock price has support levels of Rs. 1110 and Rs. 1030, and resistance at Rs. 1270 and Rs. 1340. The recommendation is to buy the stock with an expected return of 15% within 90 days.
The document recommends buying shares of L&T Finance Holdings Ltd, an Indian finance company. It gives a target price of Rs. 89 in 90 days, up 15.7% from the current price of Rs. 76.90. Key details provided include the company's financial performance, share price resistance and support levels, and a technical analysis basis for the recommendation. The document disclaims any warranty and advises that investments discussed may not be suitable for all investors.
The document recommends buying shares of Repco Home Finance Ltd, an Indian housing finance company. It provides analysis showing the stock price is currently undervalued and has potential for 15.6% upside growth within 90 days. Financial data for the past four quarters show Repco's steady revenue, net profit, and EPS increases. The recommendation is based on technical analysis showing the stock's historical outperformance of market indexes and support levels that suggest further price appreciation.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
The Universal Account Number (UAN) by EPFO centralizes multiple PF accounts, simplifying management for Indian employees. It streamlines PF transfers, withdrawals, and KYC updates, providing transparency and reducing employer dependency. Despite challenges like digital literacy and internet access, UAN is vital for financial empowerment and efficient provident fund management in today's digital age.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...mayaclinic18
Whatsapp (+971581248768) Buy Abortion Pills In Dubai/ Qatar/Kuwait/Doha/Abu Dhabi/Alain/RAK City/Satwa/Al Ain/Abortion Pills For Sale In Qatar, Doha. Abu az Zuluf. Abu Thaylah. Ad Dawhah al Jadidah. Al Arish, Al Bida ash Sharqiyah, Al Ghanim, Al Ghuwariyah, Qatari, Abu Dhabi, Dubai.. WHATSAPP +971)581248768 Abortion Pills / Cytotec Tablets Available in Dubai, Sharjah, Abudhabi, Ajman, Alain, Fujeira, Ras Al Khaima, Umm Al Quwain., UAE, buy cytotec in Dubai– Where I can buy abortion pills in Dubai,+971582071918where I can buy abortion pills in Abudhabi +971)581248768 , where I can buy abortion pills in Sharjah,+97158207191 8where I can buy abortion pills in Ajman, +971)581248768 where I can buy abortion pills in Umm al Quwain +971)581248768 , where I can buy abortion pills in Fujairah +971)581248768 , where I can buy abortion pills in Ras al Khaimah +971)581248768 , where I can buy abortion pills in Alain+971)581248768 , where I can buy abortion pills in UAE +971)581248768 we are providing cytotec 200mg abortion pill in dubai, uae.Medication abortion offers an alternative to Surgical Abortion for women in the early weeks of pregnancy. Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
3. HIDDEN GEMS – JULY 2012
- 3 - SARAL GYAN CAPITAL SERVICES
1. Company Background
Premier Explosives Limited (PEL) is one of the major companies
manufacturing the entire range of explosives and accessories
for the civil requirement.
Starting as a Small Scale unit in 1980, it was founded by
Mr.A.N.Gupta, a Gold Medallist in Mining Engineering. Its
current turnover is about Rs. 600 million per year. The export
earnings of the company are about Rs. 200 million per year.
PEL has the honour of being the first to set up all the manufacturing units with totally in-
house technology at a remarkably low capital cost.
PEL's R&D facility is recognised by the Council for Scientific and Industrial Research
(CSIR), Government of India, as an established research centre. It is also recognised as a
research base for Ph.D. work by Osmania University, Andhra Pradesh.
The Company is manufacturing many diverse products for Defence
requirements.
The Company is operating and maintaining a State-of-Art Chemical
Manufacturing facility of Indian Space Research Organisation
The Company has two Joint Ventures abroad for manufacture of Explosives &
accessories
The Company has ISO 2001 accreditation
Most of the products are ‘CE’ certified
In the process of implementing 6 Sigma & NABL accreditation
Explosives
PEL today has a wide range of products and technologies in the manufacture of
Explosives & Accessories. These include Emulsion explosives, Bulk Explosives, Cast
Boosters, Detonating Fuse of various core-loads, Plain detonators, Instantaneous
Electric Detonators, Electric Delay Detonators, Permitted Detonators, Cord Relays and
Amardet NoN Electirc Shock-tube Detonators.
PEL has constantly innovated and upgraded its products and technology to offer “state-
of-the-art” products to its valued customers both in India and abroad. PEL’s R &D facility
is recognized by the Centre for Scientific and Industrial Research (CSIR), Government of
India, as an established research centre.
The Company has set up a plant at Neyveli for manufacture of Site Mixed Emulsion
Explosives with an annual capacity of 3000 MT. Production at the plant started after
obtaining necessary statutory permissions.
4. HIDDEN GEMS – JULY 2012
- 4 - SARAL GYAN CAPITAL SERVICES
Defence
PEL has been working with the DRDO for over five years to absorb the technology and
develop propellants and other products that are being used in the various missile
programs. In FY 2007, it started production of pyrogen igniters and Astra missile motors
with a small capacity to handle the developmental requirements. In 2008 PEL won the
‘Defence Technology Absorption’ award for 2007 from DRDO for its efficient supply of
explosives and solid propellants.
The Company had signed an Operation and Maintenance contact with DRDO, SF
Complex, Jagdalpur. The contract is for operation and maintenance of Plant &
Equipment for a period of 5 years at an annual value of Rs. 30.90 million (with price
escalation on annual basis) and was commenced from November 02, 2009.
The Company has also obtained an industrial license for the following products, which
will cater to the defence applications.
Products Licensed Capacity
Propellants 1000 MTPA
Pyros 2 Million Numbers
O&M contract with ISRO
Early in 2007, it signed a Rs 700 million, 10-year (renewable for another 10 years)
contract with Satish Dhawan Space Center, SHAR, Indian Space Research Organization
(ISRO) for operation and maintenance of a propellant plant. Apart from giving it a steady
revenue stream, this contract helps PEL to consolidate and upgrade its knowhow in the
propellant business. Today, propellants for the satellite launch vehicles are handled by
the PEL team giving it a tremendous edge in this high end business.
High Energy Materials
The Company has also developed a few high energy materials with support from High
Energy Materials Laboratory, Pune and ECIL, Hyderabad. These are required for defence
and space applications along with propellants. The Company has obtained Industrial
License for the following products.
Products Licensed Capacity
HNS 10 MTPA
HNF 10 MTPA
CL - 20 10 MTPA
5. HIDDEN GEMS – JULY 2012
- 5 - SARAL GYAN CAPITAL SERVICES
Wind Energy
The Company has commissioned 800 KW Wind Energy Generator (Enercon make) at
Kozhumankondan village, Palani Taluk, Dindigul District, Tamilnadu on September 29,
2009. These investments are being made with a view to take advantage of the tax
incentives available and generate decent post-tax returns on the surplus funds.
Associate Companies
The Company held shares to the extent of 60% in Premier Wire Products Ltd at the time
of setting up of the unit for the purpose of disposing it in near future. The Company
disinvested its shares in Premier Wire Products Ltd on June 30, 2009. Consequent to
such disposal, the Company's investment in the Company is 48% and Premier Wire
Products Ltd ceased to be a subsidiary on June 30, 2009
.
In February 2009, PWP had commenced commercial production of galvanized iron
wires, which are a key input for the Detonators. PEL had been having problems sourcing
quality wires and had therefore decided to set up this facility. The total investment in
PWPL was around Rs. 50 million.
Joint Ventures
In February 2007, PEL had formed two JVs - Premier Synthas, Turkey and Premier
Georgia, Georgia for the manufacture of explosives and accessories. These were
considered attractive markets with substantially higher margins. However, the
slowdown in 2008 and the problems with partners in these JVs have adversely affected
the prospects of both the joint ventures. As a result, the Company has had to make
substantial write-offs. In FY 2009, PEL had written off an amount of Rs. 54 million in the
value of equity investments and the amounts outstanding from these joint ventures.
6. HIDDEN GEMS – JULY 2012
- 6 - SARAL GYAN CAPITAL SERVICES
2. Recent Developments
Premier Explosive to set up joint venture company, May 26, 2012
The board of Premier Explosives in its meeting on 23 May 2012 has considered and
approved a proposal to set up a joint venture company (JV) in Zambia, for
manufacturing bulk explosives and accessories and for related business operations
Premier Explosives inaugurates solid propellant expansion project, Dec 27, 2011
Premier Explosives has inaugurated solid propellant expansion project on December 22,
2011, by Chief Controller, R&D (Missiles and Strategic Systems) of DRDO.
The company will entail an investment of Rs 10 crore and the project has been added to
its existing manufacturing unit at Peddakandukuru in Nalgonda district of Andhra
Pradesh. It will cater to the needs of tactical missiles like the Nag, Astra, Akash, and
Pinaka.
Premier is producing solid propellants since 2003 and the new project will focus on solid
propellants for tactical missiles, which will help the nation in reaching self-reliance in
respect of defence supplies. The company has already supplied critical components like
the smoke less composition which helps an aircraft’s detection after the launch of the
missile for the Astra missile.
Premier Explosives (PEL) is one of the major companies manufacturing the entire range
of explosives and accessories for the civil requirement. PEL is the first manufacturer in
India to deploy totally indigenous technology. PEL today has the widest range of
products and technologies in the manufacture of Explosives & Accessories
7. HIDDEN GEMS – JULY 2012
- 7 - SARAL GYAN CAPITAL SERVICES
3. Financial Performance
Premier Explosives net profit rises 28.10% in the June 2012 quarter
Premier Explosives net profit rose 28.10% to Rs 26.9 million in the quarter ended June
2012 as against Rs 21 million during the previous quarter ended June 2011. Sales rose
6.84% to Rs 254.6 million in the quarter ended June 2012 as against Rs 238.3 million
during the previous quarter ended June 2011.
Premier Explosives net profit rises 36.16% in the March 2012 quarter
Premier Explosives net profit rose 36.16% to Rs 41.8 million in the quarter ended March
2012 as against Rs 30.7 million during the previous quarter ended March 2011. Sales
rose 16.34% to Rs 319.7 million in the quarter ended March 2012 as against Rs 274.8
million during the previous quarter ended March 2011.
For the Audited full year, net profit rose 19.16% to Rs 119.4 million in the year ended
March 2012 as against Rs 100.2 million during the previous year ended March 2011.
Sales rose 13.74% to Rs 1073.5 million in the year ended March 2012 as against Rs 943.8
million during the previous year ended March 2011
8. HIDDEN GEMS – JULY 2012
- 8 - SARAL GYAN CAPITAL SERVICES
Current & Expected Earnings:
Quarterly Ended Profit & Loss Account
Expected Earnings for 2nd
and 3rd
Qtr FY 2012-13:
Even during slowdown in mining sector, PEL has posted robust growth in FY 2011-12.
First quarter results of FY 12-13 are in line with our expectations. We expect that
company will maintain growth of 25% during this year.
Promoters have increased their holding by almost 1% in last quarter shows confidence
of management to deliver better numbers in coming quarters.
Particulars
(Rs in Millions)
Sep
2011
Dec
2011
Mar
2012
Jun
2012
Sep
2012 E
Dec
2012 E
Audited / UnAudited UA UA UA UA UA UA
Net Sales 233.38 291.84 319.66 254.57 276.85 323.79
Total Expenditure 200.1 241.42 264.43 209.3 229.41 264.44
PBIDT (Excl OI) 33.28 50.42 55.23 45.27 47.44 59.35
Other Income 4.59 4.69 5.85 2.08 2.45 3.08
Operating Profit 37.87 55.11 61.08 47.35 49.89 62.43
Interest 1.72 2.27 2.39 3.25 3.97 3.05
Exceptional Items 1.72 -0.34 -0.41 -0.41 0 0
PBDT 37.87 52.5 58.28 43.69 45.92 59.38
Depreciation 4.68 4.62 4.66 5.04 5.10 4.95
Profit Before Tax 33.19 47.88 53.62 38.65 40.82 55.43
Tax 9.32 15.08 11.84 11.77 12.41 12.61
Provisions & contingencies 0 0 0 0 0 0
Profit After Tax 23.87 32.8 41.78 26.88 28.41 42.82
Extraordinary Items 0 0 0 0 0 0
Prior Period Expenses 0 0 0 0 0 0
Other Adjustments 0 0 0 0 0 0
Net Profit 23.87 32.8 41.78 26.88 28.41 42.82
Equity Capital 81.27 81.27 81.27 81.27 81.27 81.27
Face Value (IN RS) 10 10 10 10 10 10
Reserves
Calculated EPS 2.94 4.04 5.14 3.31 3.49 5.27
Calculated EPS (Annualised) 11.75 16.14 20.56 13.23 13.98 21.08
No of Public Share Holdings 4766078 4724078 4724078 4648484 4648484 4648484
% of Public Share Holding 58.64 58.12 58.12 57.19 57.19 57.19
9. HIDDEN GEMS – JULY 2012
- 9 - SARAL GYAN CAPITAL SERVICES
4. Charts & Graphs
i) Share holding Pattern:
Promoters share holding is 42.81%, increased by 1.6% in last one year. In last 2 years,
promoters increased their holding by 3.5% from 39.3% to 42.8%. FII exposure is nil
where as DII exposure is negligible at 0.01%.
ii) Share Price Moving Average:
Premier Explosives Ltd is currently trading near to its 200 day price moving average.
Stock has support at 64-66 Rs levels and offer good entry point for medium to long term
investors.
10. HIDDEN GEMS – JULY 2012
- 10 - SARAL GYAN CAPITAL SERVICES
iii) Performance Chart:
Company has shown consistent growth in sales and profits year after year.
iv) Comparative Graph:
Premier Explosives Ltd has given negative returns of -3.5% compared to Sensex negative
returns of -4.5% in last one year.
11. HIDDEN GEMS – JULY 2012
- 11 - SARAL GYAN CAPITAL SERVICES
5. Peer Group Comparison
PEER GROUP
Premier
Explosives
Keltech
Energies
Noble
Explochem
Solar
Industries
CMP 73.80 219.00 1.93 928.45
52 W H/L 92.00/45.10 289.00/155.60 2.72/1.10 948.00/667.00
Market Cap 597.78 219.00 37.11 16084.30
Results (in Million) Jun-12 Jun-12 Mar-12 Jun-12
Sales 254.57 413.89 0.00 2257.30
PAT 26.88 12.87 -7.01 193.89
Equity 81.27 10.00 204.10 173.24
EPS 15.42 56.84 -0.52 35.15
P/E 4.56 3.85 0.00 26.46
6. Key Concerns / Risks
The demand for explosives is cyclical in nature; lower during extreme weather
conditions, particularly monsoon periods. Hence, the company cannot expect
steady and smooth demand for its products throughout the year.
Historically the margins from the explosives business have remained low. The
improvement in the margins during the last few quarters has been on account of
increase in the selling prices and reduction in RM costs and excise duty. This
equation may change in the future, adversely affecting the profit margins.
Extreme care and prudence required for the explosives industry. Materials have to
be constantly guarded against rainfall and fire.
Information on the defence related business is guarded closely and therefore it is
difficult to gauge the visibility of revenues from this segment. Defence and space
related businesses may scale up slower than expected.
12. HIDDEN GEMS – JULY 2012
- 12 - SARAL GYAN CAPITAL SERVICES
7. Saral Gyan Recommendation
Future prospects of explosive companies depend on the demand from mining
industry, especially coal mining, which accounts for nearly 70% of the overall
demand. The government has huge plans for the power sector and this is going
to drive major investments in coal mining operations in the coming years. Apart
from the power sector, major excavation work required in hydel projects and
huge investments in the road sector will also drive growth in this business.
With increasing demand of coal production to meet the growing needs of the
power sector, we believe that the PEL explosive business can maintain a growth
rate of 25-30% per annum over the next few years.
PEL is expected to maintain its profit margins as the contribution from the
defence and space segment will increase. PEL revenue from defence and space
segments is relatively small but there is enormous potential for this business to
scale up significantly.
Company is almost debt free. It will be able to meet its capex needs from
internal accruals for business expansion.
As per our estimates, PEL can deliver bottom line of 140 million for full financial
year 2012 – 13, annualized EPS of Rs. 18 with forward P/E ratio of 4.0 X for FY
2012-13, which makes stock an attractive and safe bet at current market price.
Company has paid regular interim dividends to share holders, dividend payout is
increased from 150% to 250% in last 3 years.
On equity of Rs. 81.27 million the estimated annualized EPS for FY 12-13 works
out to Rs. 18 and the Book Value per share is Rs. 59.28. At a CMP of Rs. 73.8,
stock price to book value is 1.24 and with dividend yield of 3.5%, downside risk in
stock at CMP is limited.
PEL is available at a market capitalization of Rs. 60 crores. Considering the
valuations and the growth potential of the company, especially in the defence
and space segments, PEL is a good long term investment opportunity.
Saral Gyan Team recommends “BUY” for Premier Explosives Ltd. for a target of Rs. 150
over a period of 18-24 months.
Buying Strategy:
50% at current market price of 73.80
50% at price range of 65-68 (If stock price falls during market correction)