Corporate Information-to know more

There are so many companies that do and upload research reports of the companies. One of them is Corporate Information. Today I found a link that lists out the research links related to India which could be helpful for one's research.

SEL Manufacturing

SEL, a textile related company whose financial number seems to be good. It seems like a fully export-oriented company. Considering its good financial number till now and its expansion plans, one can buy now at Rs50 for a target of Rs70. But bad thing is debt, but I think that has already been it affect on the price of the stock.

Find more analysis of this stock at 

1. Indian Stock News
2. NSE Guide 

Recently it announced its first phase of the project in state MP costing Rs1920crores been completed. Second phase of the project is in progress.

One should do his own decision whether to buy this share.

Good Luck Steel Tube - Update

Target Achieved.

Still, one can go long on this script to break its 52wk high. But one should book partial profit at this price.

Good Luck Steel Tube

It seems like this is one of the undervalued stock, having
PE of 3.08,
EPS of 8,
FV 2,
Sales Rs488crs,
Market Cap of Rs48crs
Current price Rs 25.5

The worrying factor can be is its debt, where annually interest paid is approximately half of the profit.

But considering its rock-solid sales, and consistent profit one can go for medium-term for a target of Rs32.

-Grow as India Grows

Low PE and high EPS scripts

I have been observing some of the stocks, which I feel having good growth prospects.

1. Tuplip Telecom PE: 9 EPS: 95
2. Oil India PE: 11 EPS: 101
3. Tide Water Oil PE: 7.94 EPS: 664
4. Micro Technologies PE: 5.58, EPS: 49
5. AK Capital PE 4.2, EPS: 79
6. Temptation Foods PE 1.24, EPS: 24

Each script mentioned above is leader in its respective domain. When you take any of these stocks, analyze yourself and buy and hold for 2 years. Reap the benefits.

Grow and India grows!

Contruction Company: BL Kashyap

BL Kashyap & Sons, a construction company which was consolidated between 300 and 350 could be bought now if it crosses 350 for a good target.

Fundamentally a good company, if we search for this company we could find many useful links.

Chemical manufacturers having good potential

Going through number of chemical manufacturing companies, I found two interesting companies having good growth potential.

1. Kanoria Chemicals and Industries
2. Aditya Birla Chemicals

Kanoria Chemicals and Industries

This company is into Alco Chemicals, Chloro Chemicals, Water Treatment Chemicals, Industrial Gases. Kanoria is a consistent dividend paying company with Div Yield of 4.5%. This is going to set up a Greenfield fully integrated Alco Chemicals Complex in stages at Jawaharlal Nehru Pharma City, Visakhapatnam for which it has already acquired land admeasuring 29.7 acres. In First Stage it is setting up Formaldehyde Plant with an installed capacity of 105,000 tpa, Hexamine Plant with an installed capacity of 5,600 tpa with an estimated Capital Outlay of Rs. 72 crs. This plant is going to get commissioned in Q2FY’2010.

Other important parameters:

Market Cap  187.75 crs
Yearly Sales ~430 crs
EPS (TTM)   4.97
P/E      6.71
P/C      2.76
Book Value     46.20
Div Yield(%)     4.50
Face Value     5.00  
Industry P/E     10.5
Debts     347 crs 

Aditya Birla Chemicals

A reputed company belonging to Birla's. Aditya Birla Chemicals, the Rs 2560 crore chemicals business of the Aditya Birla Group, is based in India, Thailand and China. The range of products includes chlor-alkali, epoxy, fluorine chemicals, peroxides, phosphates, sulphites and phosphoric acid. The stock is available at very less PE of 3.41. Apart from this check the following parameters.

Market Cap      206.85 crs
Yearly Sales 240 crs
EPS (TTM)      25.97
P/E      3.41
P/C      2.56
Book Value 128.58
Div Yield(%)     1.70
Industry P/E     10.53
Debts     46.17 crs

You can decide what to buy considering these parameters.

Disclosure:  I do not hold any of the stocks.