Acropetal Technologies

This is the recently listed IPO which is now available at Rs17. I liked the businesses in which it is operating presently. It is definitely a buy and hold till its quarter results are out.

This is the best opportunity to grab this and hold for 3-6 months.

Reasons for buying

1. [27-May-2011] Recommended dividend of 12% (Rs1.2 per share).
• [20-July-2011] But till now there is no mention of record date for the payment of dividend.
2. [8-July-2011] FII shareholding increased from 9.13% (Mar-2011) to 12.73 % (Jun-2011)

Updates

1. [8-July-2011] The company received LOI from Keltron of order Rs25 crores. 

• There is a need to verify the quality of the work. Is the work type going to influence the future of the company?

Disclaimer: Investments in stocks is very risky, take decision based on your judgement.

Intec - 62% up from Oct 27, 2010 (in three months span)

Intec Capital crossed its 52-week high of Rs31.55, now trading at 32.55. It is performing good but still very less volume. We talked about this script on Oct 27 when it was trading at Rs20. 62% up!

Great! Hope the company perform good in future.

Tecpro Systems

Tecpro Systems is an EPC player in India, providing turnkey solutions in Bulk Material Handling Systems, Ash Handling Systems, Balance of Thermal Power Plant , Captive Power Plants and Pollution Control systems.

Company's order book stands at approximately Rs3300 crores.

Its competitors being McNally Bharat Engg (whose order book is around Rs5000 crores). But considering Tecpro's entry in BoP and its future intention to manufacture and commission cooling towers as well as water treatment plants in-house besides supply and commissioning of coal washeries. With this, the company may be well-placed to consolidate its operations in the power infrastructure sector.

So, one can start investing in this company from the current price of Rs380 till Rs320. Hold for 6-8 months for a decent target and then exit.

For more information check out the following
Tecpro Systems: IPO Analysis

One can consider the combination of the following stocks for a basket of related stocks:

1. Tecpro Systems
2. VA Tech Wabag
3. International Combustion Systems
4. GEI Industrial Systems

Bajaj Corporation - an FMCG company

Bajaj Corporation, an FMCG company, dominant in hair care products. Recently came up with an IPO to utilize the raised money for the promotion of its future products. The company is one of the oldest business houses of the country. It has widely respected hair oil products with its loyal customer base.

Considering these reasons coupled with the opportunity market providing us to buy its shares at Rs580. Just grab this company shares in the range of Rs450-Rs550 with the conservative target of Rs700 in next 15 months. The company is available at the competitive price compared to its peers Dabur, Marico, Godrej, Emami.

For more information check the link.

Intec Capital - an NBFC

Intec Capital which is a financial service provider in the area of Industrial Equipment and Working Capital Term loan catering mainly to Small and Medium Enterprises (SME’s). The segment to which the company caters is the most favored one because all the corporations and financial institutions are concentrated around SME's.

The company is having consisted QoQ revenues sales increase with consistent profit. This is a sure shot multibagger which I think of. One can consider adding this stock to the portfolio. For more information about the company you can have it at Intec Capital.
 

Gold - 5 year returns 400% - Gold to follow the secular bull market, what?

What a stupendous returns Gold has given in this 5 year period. Its really good, isn't? There is so much happening at the gold front... George Soros, billionaire financier says Gold is the ultimate bubble. Check the 5 year chart at Goldprice.

Usually during bubble burst, gold prices start rising. But this time both the market (Sensex/Nifty) and gold prices both moving towards northward, let's see which is going to burst! Don't know whether my understanding is right.

If you check the USAGOLD you will find the discussion about gold to follow the secular bull market of 1982 to 2000 (a 18 year period) to see the gold at $4600 per ounce by 2019. (current price $1300 per ounce). Check out the Chart #6 and Chart #8 of its October newsletter.


Find the following useful articles related to gold:
1. Understanding Gold by Paul van Eeden

Update-Low PE and high EPS scripts

This is the update of the post posted on June 3. Of the following stocks that are mentioned in that posting, Oil India, Tide Water Oil, AK Capital, Micro Tech performed very well.

1. Tuplip Telecom :        Unchanged
2. Oil India :                   Moved from Rs1270 to Rs1528  : 20% up
3. Tide Water Oil :         Moved from Rs5300 to Rs9642  : 80% up
4. Micro Technologies:  Moved from Rs190 to Rs213      : 12% up
5. AK Capital :               Moved from Rs330 to Rs650      : 96% up
6. Temptation Foods :   Moved from Rs30 to Rs37          : 20% up

-- one should have discipline and luck to see success in stock market!