KSK Energy Ventures

what to do in this scrip

Posted by : sachinlakecity
Price when posted : BSE: Rs 206.70 ( 2.40 % ), NSE: Rs. 206.70 ( 2.50 % )

if u get chance to buy it on 200 level then buy it....

Heading

Posted by : mdcd007
Price when posted : BSE: Rs 201.85 ( 0.65 % ), NSE: Rs. 201.65 ( 0.20 % )

SRF Ltd 09/10/2009
BUY 6-Months Price Target: Rs. 240
Investment Highlights

Latest Quarterly performance: SRF Ltd stand alone net profit
increased by 102.60% (YoY) in Q1FY10, to Rs.92.57 crores from
Rs.45.69 crores for Q1FY09. Net sales also increased by 5.2% (YoY) in
Q1FY10 to Rs.495.02 crores from Rs.470.65 crores for Q1FY09.

Full Year performance: The company stand alone net profit increased
by 17.70% (YoY) in FY09, to Rs.163.27 crores from Rs.138.73 crores for
FY08. Net sales increased by 11.50% (YoY) in FY09 to Rs.1800.82
crores from Rs.1615.30 crores for FY08.

Increase in financial performance: The companies EBITDA margin
increased to 37% for Q1FY10 from 20% in Q1FY09. Further EPS for
Q1FY09 doubled to Rs.14.98 from Rs.7.39 for Q1FY08.

Buy back of shares: The company board has approved a buyback of
shares of up to Rs.65 crore from the open market, at a price not
exceeding Rs 160 a share. With this move we can expect that EPS will
improve in the future.

Increase in industry demand: Indian tyre sector is likely to see raise in
demand, as demand is expected to shift from china because of US
government`s decision to impose additional duties on Chinese-made
tyres. SRF is mainly into nylon tyre cord fabric and industrial yarns.

High dividend yield paying company: The Company declared Rs.10
dividend per share for FY09 and dividend yield per share is 5.32%,
which is higher than those given by the peer companies in the same
industry.

Commenced operation to boost top line: SRF Ltd’s project for
manufacturing Polyester Industrial Yarn at company`s plant at
Gummidipoondi (Tamil Nadu) with a capacity of 14,500 TPA has been
commissioned and capitalized at a cost of Rs. 186 Crores (approx).
These moves by the company will improve its top line in the long run.

Capex plan: It plans to spend about 10 billion rupees ($214 million) on a
new factory to make fluorine-based products for sales overseas. The
market for fluorine specialty chemicals is growing at about 10 percent a
year. This is going to be a higher-margin business.
Valuation
At the CMP of Rs.184, SRF Ltd is trading at just 4.58x of its TTM earnings. We
recommend a BUY on the stock with a 6 months price target of Rs.240....

KSK Energy Ventures Outcome of Board Meet

Posted by : aloka27
Price when posted : BSE: Rs 202.00 ( 0.72 % ), NSE: Rs. 202.15 ( 0.45 % )

very soon
when it will run the market would see it
keep on adding

regards
alok aggarwal...

KSK Energy Ventures Outcome of Board Meet

Posted by : nse_moderator
Price when posted : BSE: Rs 200.55 ( 1.54 % ), NSE: Rs. 201.25 ( 2.05 % )

I hope this script will move up about 25% soon. ...

KSK Energy Ventures Outcome of Board Meet

Posted by : pallavac
Price when posted : BSE: Rs 200.55 ( 1.54 % ), NSE: Rs. 201.25 ( 2.05 % )

when this elephant will run yaar?...

KSK Energy Ventures Outcome of Board Meet

Posted by : aloka27
Price when posted : BSE: Rs 200.55 ( 1.54 % ), NSE: Rs. 201.25 ( 2.05 % )

dear swaroopdc ji

dont worry

u will get good returns in max 1 month

just hold and see

:)
rely on me

i suggest u to wait till dec and sell this scrip at 260+

regards
alok aggarwal...

KSK Energy Ventures Outcome of Board Meet

Posted by : swaroopdc
Price when posted : BSE: Rs 197.50 ( -2.13 % ), NSE: Rs. 197.20 ( -1.84 % )

Sir i am sitting under lot of loss as my buying price is 212. can i expect profit in next 15 days by any chance? kindly reply...

KSK Energy Ventures Outcome of Board Meet

Posted by : aloka27
Price when posted : BSE: Rs 201.35 ( 3.74 % ), NSE: Rs. 201.50 ( 4.08 % )

dear guest this news have nothing to do with the stock price


no impact at all


regards
alok aggarwal...

KSK Energy Ventures Outcome of Board Meet

Posted by : Ravi79
Price when posted : BSE: Rs 194.10 ( -1.57 % ), NSE: Rs. 193.60 ( -2.37 % )

Does anybody know at what price are they giving preference shares to the QIB\\\\\`s...

what to do in this scrip

Posted by : sachinlakecity
Price when posted : BSE: Rs 193.80 ( -1.72 % ), NSE: Rs. 194.90 ( -1.71 % )

Hold this stoke priya it will touch 235-240 as it start move....

what to do in this scrip

Posted by : sachinlakecity
Price when posted : BSE: Rs 193.80 ( -1.72 % ), NSE: Rs. 193.70 ( -2.32 % )

Buy this stoke between 193-196.it will consolidating from long time. In next realy it will run....

KSK Energy Ventures Outcome of Board Meet

Posted by : Guest
Price when posted : BSE: Rs 197.20 ( -1.52 % ), NSE: Rs. 198.30 ( -1.12 % )

is this good news?...

KSK Energy Ventures Outcome of Board Meet

Posted by : Guest
Price when posted : BSE: Rs 197.20 ( -1.52 % ), NSE: Rs. 198.30 ( -1.12 % )

is this good news or not?...

NSE Announcements on KSK Energy Vent

Posted by : MMB Messenger
Price when posted : [KSK Energy Vent - BSE:Rs. 197.95 NSE:Rs. 152.15 when posted]

Ksk Energy Ventures Limited has informed the Exchange that with respect to passing of resolutions through postal ballot process pursuant to Section 192A of the Companies Act, 1956, Company would like to inform that the shareholders of the Company have approved all the proposed resolutions with requisite majority. The details of resolutions and the voting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

BSE Announcements on KSK Energy Vent

Posted by : MMB Messenger
Price when posted : [KSK Energy Vent - BSE:Rs. 197.95 NSE:Rs. 152.15 when posted]

KSK Energy Ventures Ltd has informed BSE that the members of the Company, by way of Postal Ballot, have approved the following resolutions, with requisite majority.

1. Reclassification of existing Authorised Share Capital of the Company.

2. Approval for issuance of Preference Shares/Securities. ...