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UB ENGGERING 3 RD FASTEST GROWING CO. IN INDIA
Posted by :
mylo
UB ENGINEERING (526550 )ONE OF THE ONLY LISTED DEBT. FREE COMPANY in infra space from house of V. MALLYA catch if u can bcz it deserves pe ratio of 25-50 bcz it belongs to the house of ub group alwaya deserves high pe ratio then its peers, eps of 15 to 20 expected in march 10. AS COMPARE TO ITS PEER*** BGR Energy Systems Ltd WHICH CAPE OUT WITH AN IPO @ 500 IN DEC 07*** SO WHY NOT BUY UBENGG under evaluation: 1. FY 2010 EPS expected about 18-20. Listing on NSE.
3. Order book of about 750 crores
4. nil debt.
5. Amalgmation of WIE. and so on....
6. Sunrise sector
I hope this Mallya group company has all ingredients to be a multibagger,IN INDIA people will not buy such stock avilable @ pe ratio of 6-7 when ub group other COmpanies avilable @ pe ratio of 30-40 when it get re rated & it become expensive or say 150 plus when domestic funds or fiis show intrest then investors started buying it . its fair value as on date must be 250 rs at pe ratio of 20 its eps is 12 rs as of now going to increse to 17-20 rs for march 2010 .Pune-based UB Engineering, the flagship company of UB Group’sengineering business, is in an expansion mode. It plans to set up a captive fabrication plant in Central India this financial year to boost sales volumes, a top company official said.“The new plant is for fabrication of structural components, tanks and vessels and to cater to the growing domestic and overseas market”, S D Lalla, chairman, UB Engineering, said. He did not divulge the investment planned for the facility.
“This year our growth will be driven by the power sector. Till date 90 per cent of our business comes from domestic market and only 10 per cent from overseas”, he added. The company plans to continue its focus on the domestic market as it sees a huge demand within the country. “The business outlook is bright for the company as the economy is on a revival mode. The strategic initiative taken by the company to set up structural steel fabrication shop to exploit business opportunities in promising sectors such as power, steel, cement and infrastructure projects are expected to bear fruit in medium term”, he said. The company also plans to enter into a license agreement with a German or a Russian company to import sophisticated technology for high tech Installations. “The new plant and sourcing of new technology will add 25 per cent of business to the top-line”, Lalla said. The company clocked a turn over of Rs 454 crore in 2008-09, a 70 per cent jump over previous year (Rs 265 crore). It posted a net profit of Rs 21.14 crore in 2008-09. Lalla said the company’s accumulated losses of Rs 15 crore as on March 31, 2009, would be wiped out by the end of December 2009 and would announce dividends thereafter. With aggressive bidding for profitable business projects, the company hopes to cross a turnover of Rs 750 crore in this fiscal year. Lalla said at present the company’s book order was Rs 740 crore, half of which was in power generation, transmission and distribution. JK Sardana, executive director, UB Engineering, said the firm had opened branches in Sudan and Dubai too. avilable at pe ratio of 6 instead of sector pe 25 once start moving up ward u cant catch it .The firm is executing a 125 MW project worth Rs 75 crore for the Sudanese government. It is also bidding for Bhel’s over Rs 200 crore power project in Sudan. Sardana said its Dubai branch office would cater to projects in UAE, Saudi Arabia and Gulf region. The firm is also designing a noise po************...
llution free launching pad for ISRO...
Heading
Posted by : NAUGHTY007as per u then the price should crash now on fpo pricing-maybe true unless govt acts greedy as in nhpc and sells around 200...
NTPC FOLLOW ON ISSUE
Posted by : subasu
The equity capital as on 31.03.09 is Rs. 8,245.50 crores.
5% of this amount would be Rs. 412.275 crores. By selling this quantity, the Government wants to raise Rs. 8,000 crores says the Disinvestment Secretary, GOI.
So, by inference, the share price would be around 8000 divided by 412.275. A simple calculation should the result as 194+.
The share price could be anywhere between 190 and 200 depending on the advice given by the financial managers of the issue.
I however feel a price of Rs. 175 would be fair, with a 5% discount for retail investers, as has been done in the past in some prominent public issues.
...
NTPC FOLLOW ON ISSUE
Posted by :
gcn
Is any idea what could be the price of issue???
GCN...
5 % === Rs 81 bn
Posted by : rvk41
State-run National Thermal Power Corporation (NTPC) is likely to mop-up Rs 81 billion (USD 1.7 billion) by its 5% stake sale plan, reports Economic Times.
A 5 percent stake sale in state-run power producer NTPC could fetch the government Rs 8,100 crore (USD 1.7 billion), Sunil Mitra, a senior finance ministry official, said on Friday
For information,with regards
rvk41...
300 and above is imminent
Posted by : psgs
yes its real price in value terms is 300+ but the stock is in no mood to reach there in hurry.
swamy....
NTPC could fetch the government Rs 8,100 crore ($1.7 billion),
Posted by : dipakgod
A 5 percent stake sale in state-run power producer NTPC could fetch the government Rs 8,100 crore ($1.7 billion), Sunil Mitra, a senior Six remarkable unknown PSUs
How India Inc fared in Q2 of FY10
Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the proceeds, as it seeks to boost revenues and rein in a widening budget deficit.
Since August, share sales in two state firms -- NHPC and Oil India raised about $1.8 billion.
Last month, the cabinet approved share sales for NTPC, Satluj Jal Vidyut Nigam and Rural Electrification Corp.
The stake sales will be completed by March next year, Mitra said.
Faced with a 16-year high fiscal deficit of 6.8% in 2009-10, the government is expected to fast track the disinvestment process to mobilise resources. The economic survey released earlier this year had suggested that the government should look at mobilising close to Rs 25,000 crore on a yearly basis through disinvestment.
/dipakgod/...
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Long term target
Posted by : dhakakcongratulations you are multimillionnaire in 2015....
Long term target
Posted by :
bijunmI have 2000 NTPC .I am a longterm investor ,what is the long term target....
what to do
Posted by : Guesthold.It will cross 250 by mar10...
shares and current prises...
To invest Rs 8,100 cr in RENEWABLE Energy
Posted by : rvk41
Power major NTPC has drawn up plans to invest about Rs. 8,100 crore for setting up over 1,000 MW renewable energy projects by 2017.
The company has set a target of adding at least 1,000 MW of power through renewable energy sources by the end of the next Plan period (2012-17), according to sources in the Power Ministry.
This capacity addition is likely to consist of wind energy projects (650 MW), hydro energy from units of smaller than 25 MW (350 MW) and solar energy projects (50 MW). On an average, generating one MW hydro power costs Rs. 7 crore, wind power Rs. 8 crore and solar Rs. 10 crore.
The first 100 MW renewable plant based on wind energy is likely to be commissioned by the end of 2010.
The company has signed an agreement with Karnataka Power Corporation for setting up wind energy projects aggregating 500 MW capacity
Continuing its expansion in the thermal power sector, NTPC has signed a memorandum of understanding (MoU) with the Madhya Pradesh Government and MP Power Trading Company for setting up 2,640 MW thermal power plant at Narsinghpur.
NTPC has a total installed capacity of 30,644 MW through 26 power stations, including joint ventures.
For information,with regards
rvk41...
is it true
Posted by : rk2009I received news that thermal power units are closed down due to coal shortage.If so what could be duration....
i have bought 500 ntpc @ 219
Posted by : stockkmasteri have bought 500 ntpc @ 219 , 3 months back . wht to do ??...
