bUY SINTEX INDIA TARGET 297-300-312 IN NEXT 4-5 WEEK.IF THE BULL CONTINUES....

I am also still holding this stock for last 2 years. Appreciated very well from march this year. But stuck between 220 to 250 for almost 3 to 4 months. Merger will be only trigger point in near term. From long term higly recommended. Even other bank managers recommend this stock. That is i bought this in the begining....

Look at q2 results. Extremely bad results. It posted again huge loss in second qtr. Looks Q2 results and half yearly results. It will drop to Rs25-30 level. here is announcement.. Moser-Baer (I) Ltd has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 99044 lacs for half year ending on 30-SEP-2009 against Rs. 107124 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. (4578) lacs for the half year ending on 30-SEP-2009 against Rs. (14582) lacs for the half year ending on 30-SEP-2008...

VALUATIONS: At Rs 123.7, India Cements trades at a P/E of 7.6 and investors could take a position in this stock with a long-term outlook. Other south-based players like Madras Cement trades at a P /E of 7, while for UltraTech cement it is at 9.1 times. Source:- Economictimes...

CAPACITY& CAPEXPLANS: India Cements’ installed capacity at the end of FY 09 was 12.95 million tonnes compared with 8.81 million tonnes a year earlier. As part of this expansion during FY 08, a grinding unit with a capacity of one million tonnes at Chennai was completed in August 2008. In last two years, the company had invested nearly Rs 1,960 crore in capacity expansion. This expansion has been funded largely through internal accruals. India Cements is expected to end FY10 with a capacity of 14.3 million tones. In the first quarter, it commissioned additional grinding capacity at its Malkapur facility and is working on the upgradation of its kiln at Chilamakur, Andhra Pradesh. And despite this capex programme, its debt to equity ratio was at 0.68 at the end of FY 09, compared with 0.96 a year earlier. It had cash flows of Rs 706 crore in FY 09 and Rs 1,017 crore in FY 08. The company is also building two captive power plants of 50 MW each, at its facilities in Tamil Nadu and Andhra Pradesh, at a cost of nearly Rs 500 crore. Recently, the company along with its wholly-owned subsidiary, ICL Financial Services, had launched an open offer for Indo Zinc, a loss-making zinc producer. Indo Zinc was implementing a project for setting up a cement plant in Rajasthan with a capacity of 1.5 million tonnes, but this project will now be implemented by India Cements. The cost of setting up this plant in the north along with captive power facilities, is estimated at Rs 600 crore. India Cements had recently raised Rs 592.5 crore via a QIP for its expansion plans. India Cements also owns an IPL team and has a presence in the shipping industry, with small vessels operating in the dry bulk segment. However, the contribution of the non–cement business was very small to its total net sales. FINANCIALS: During the June 09 quarter, India Cements operating profit margin declined 500 basis points y-o-y to 30.5% and that’s despite a 9.6% y-o-y growth in its net sales to Rs 960.25 crore. Pressure on its operating profit margins was due to its power & fuel costs that rose nearly 21.4 % y-o-y to Rs 1,011 per tonne, and it offset the 7.8 % growth in cement realisations on per tonne basis. Source:- Economictimes...

Chennai-based India Cements seems to have missed out the current rally on the Dalal Street. It gained just 27.5% since the beginning of March ’09, compared with a nearly 101% jump in the Sensex during this period. The ET Cement Index had also gained 74.2% during this period. India Cements is now one of the cheapest stocks under various valuation metrics — be it price-to-book value, price-to-earnings multiple. For instance, India Cements trades at just 1.2 times its book value. In contrast, Shree Cements with a focus on northern markets, trades at 4.6 times its book value, while UltraTech cement, which also has a presence in the south, trades at 2.85 times its book value. Also, the dividend yield of India Cements at 1.6%, is higher than that of Shree Cement and UltraTech cement. The Street has been concerned that south-based players like India Cements could grapple with weakening price realisations in future. That’s because the cement capacity in the region is expected to rise from 78 million tonnes in FY 09 to nearly 120 million tonnes in FY 12, and demand growth is expected to be much slower. During the monsoon season there was strong price correction in some southern markets. However, India Cements has been attempting to diversify its presence beyond the southern markets, and in April 09, it had brought on stream a one million tonne cement grinding unit capacity in Maharashtra. The company is expected to add nearly Rs 350 crore to its net sales in FY 10 from this plant. Long- term investors have recognised this shift in the strategy and there has been a steady increase in delivery trades. Source :- Economictimes...

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guys buy bombay rayon with a target of rs 225-229 in 4-5 days keeping a stop of 182 cause there is lot accumulation happening......

guys in 4 days i will get my target achieved cause sun is heading ...

amazing guys i got my target achieved on 3 day ...

guys buy it there is a lot of cash base buying happened in last 3-4 days and even today...remember stop 295...

guys buy suntv with a target aroung 342-348 in 5 days and if cross 355 on closing basis in 2 weeks then a target of rs 400 keeping a stop at 295 on closing basis...

guys it will rebound on monday but remember the stop of 213 on closing basis....

guys buy sintex with a target of rs 238-242 in 4-5 days cause yesterday and today there is a lot of cash base buying kepping a stop at 213...