Online
|
|
NSE Announcements on HeidelbergCemen
Posted by :
MMB MessengerHeidelbergcement India Limited has informed the Exchange that the Company had applied to Bangalore Stock Exchange Limited for getting its equity shares delisted from the said stock exchange. Bangalore Stock Exchange Limited has vide letter no. 03/2009/279 dated September 7, 2009 informed that the exchange has delisted the equity shares of the Company w.e.f. September 7, 2009. Further the company has informed the Exchange that 22,66,13,116 fully paid equity shares of Rs. 10 each issued by HeidelbergCement India Limited shall continue to be listed at Bombay Stock Exchange Limited and National Stock Exchange of India Limited....
Heidelberg cement ...short term target Rs 56 -60
Posted by :
waren bufetHeidelberg cement is a good buy, it is a very good turn around stock after being bought by the German company, it has got a potential to move upto 30 % in next 15 trading days. keep accumulating this stock at current levels and sell it at 55-65 levels...happy trading...
I am telling about buying now only for appreciation of 150% in one year. It is foolishness to think of 5 years in the stock market. It may be 30 times or more depending on the market condition. But one thing is sure that the promoters are giants and sincere in the concerned field....
Looking best pick to me in CEment
Posted by : s choprayes compare to other company its look cheap but how can you be sure about its future. Any particular analysis or gut feeling....
hi mr poorfellow
i just want to know by keeping for 5 year how much apperication it has happen ,kindly reply
...
Looking best pick to me in CEment
Posted by : urfoolinstead of buying already risen cement stock with 300 to 1000, this MNC cement com looks best to me. I started looking at chart but fundamanetals are also strong, Good Genuene pick,...
Huge volumes will it +100
Posted by : kunalkejriwalIt will move up with its peers, i dont see any reason for Heidelberg to outsmart its peers....
recommended by midcaps. in on 24th aug for short term tgt 54
Posted by : iim_gradrecommended by midcaps. in on 24th aug for short term tgt 54...
Huge volumes will it +100
Posted by : tara23what is the news for this upmove.......
Huge volumes will it +100
Posted by :
uyaj
short term tgt is 54/- .. enjoy the ride.
if we just compare the price/bv ratio with Prism then this counter shud trade in 60+ range... lets see if we are lucky to see it cross 60/- in the medium term......
Huge volumes will it +100
Posted by :
svmHuge volumes, Fundamentaly strong. All commodity prices very high. So no chance of Cement being victimised this time. Great PE multiple too ...
Thanks for your assessment. Those of us who bought at 65 are patiently waiting for the better time. ...
"HEIDELBERG CEMENT" -A FUTURE MULTIBAGGER
Posted by : apraharaj
Heidelberg Cement India Ltd (HCL)(earlier know as Mysore Cement) is now owned 68.55% by Heidelberg Cement AG, Germany. The parent Euro MNC Heidelberg Cement is one of the three biggest cement producers in the world along with Holcim (which owns ACC, Ambuja) and La Farge, which has an unlisted presence in the country. HCL has two units - one at Ammmsandara in Mysore and another at Damoh in Madhya Pradesh. With upgradation and balancing at Damoh, the total capacity of MCL increased to 23 lac tpa in 2004-05
In 2006, Heidelberg took over the co. from Birlas, infused a sum of Rs 360 crore by making a preferential allotment of 6.5 crore shares to itself at a price of Rs 54 per share and cleared the debts, making the co. debt free. Thus not only has HCL become debt free, it has come out of the purview of the BIFR as well., with long term institutional and bank debts paid off. The stake was taken at Rs 54 per share. In December 2006, Heidelberg made an offer to the shareholders of MCL to acquire 22.15% stake at Rs 58 per share. Within a short period of 3 months the Heidelberg led team accompolished a clean turn around at Heidelberg Cement India Ltd.
From Rs 10 cr, loss in calendar year 2006, the company posted a 29% YoY rise in net profit to Rs 125.55 cr, in the year ended Dec. 2008. Sales rose 35.36% to Rs 804.49 cr. The company posted a EPS of about Rs 7.94 on a equity of 158 cr. for CY2008. For the half year ended June 2009, the company posted a net profit of Rs 93.47 cr. (up 53%) on net sales of Rs 531.52 cr.(up 53%). The half yearly EPS on a expanded equity of 226.62 cr. stands at Rs 4.13. The 2 mn tpa cement producer Mysore cements sells for Rs 1000 cr. in market cap(Equity Rs 226 cr, CMP Rs 45), and cash in deposit accounts of Rs 170 cr.-Mysore Cements sells for a net value of Rs 830 cr.. One of the cheapest cement stock in India.
The stock looks a good investment pick at current levels considering its fundamentals, CY09E earnings (Rs 8) and future prospects. With Heidelberg at the helm of operations, the performance is bound to improve in coming years. Going forward, more measures for efficiency increase and cost reduction will be implemented, and focus will be on further, gradual expansion in capacities. All in all it`s cement MNC stock available at the P/E of 5.6. The financials, debt free status of the company, its parentage and plans to raise capacity to over 6 mn tpa makes it the most interesting cement stock around. Investors can accumulate the Mysore Cement stock at this level and add more on declines for good returns over the medium-long term
...
Buy heidelberg cement for short term
Posted by : pratikshah83source: swingtradingtips. net...
Thanks - I had bought 500 sh when price was 65. Now I bought some on friday to average. ...
