highway projects
Posted by :
sonubhaican anyone tell who are the major players in kamalnaths ambitious 20 km perday national highway projects.........
can see 800+ targets
Posted by :
banegacrorepatiIt is not in the sector Deep. Your message may mislead some of the vulnerable investors....
can see 800+ targets
Posted by :
deep1521BGR can see 800+ targets as i could be a major cream eater of national highway projects which is awarded to be soon....
BUY 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...
NSE Announcements on BGR Energy
Posted by :
MMB MessengerBgr Energy Systems Limited has informed the Exchange regarding a press release dated November 13, 2009, titled "BGR Energy bags three Contracts". A copy of the press release 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 BGR Energy
Posted by :
MMB MessengerBGR Energy Systems Ltd has informed BSE regarding a Press Release dated November 13, 2009 titled "BGR Energy bags three Contracts"...
NSE Announcements on BGR Energy
Posted by :
MMB MessengerBgr Energy Systems Limited has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 29, 2009) that the company received Rs.207.36 crores towards Issue of Shares during 2007-08 by way of public issue. The details of utilisation of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on BGR Energy
Posted by :
MMB MessengerBgr Energy Systems Limited has informed the Exchange regarding a press release dated October 29, 2009, titled "Financial Results of BGR Energy for the Quarter & Half Year ended September 30, 2009". A copy of the press release 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 BGR Energy
Posted by :
MMB MessengerBGR Energy Systems Ltd has informed BSE regarding a Press Release dated October 29, 2009 titled "Financial Results of BGR Energy for the Quarter & Half Year ended September 30, 2009"....
BSE Announcements on BGR Energy
Posted by :
MMB MessengerBGR Energy Systems Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009....
target 221-245
Posted by :
Abhay Kulkarni
what is the reasoning for this target?
Rgds
Abhay....
target 221-245
Posted by :
sattmarkettarget 221-245 already too much up time 3-6 month...
BGR Energy close to signing up with Hitachi
Posted by :
garg_mm
Source : Business Line
Chennai-based BGR Energy Systems is expected to formally sign the collaboration agreement with Hitachi of Japan for the manufacture of turbines for power projects, official sources in the company told Business Line.
One official of BGR Energy said that the manufacturing unit could be located somewhere on the eastern coast, between Chennai and Puducherry, perhaps near Cheyyur.
BGR Energy is a supplier of ‘balance of plant’. (This comprises all the components of a power plant other than boiler, turbine and generator. BoP includes civil works, coal handling equipment, cooling towers and a host of other products and services.)
In April, the company entered into an agreement with Foster Wheeler of the US technology for sub-critical and supercritical boilers. With the tie-up with Hitachi, BGR Energy will be in all the segments of power projects, boiler, turbine and BoP.
The public sector power major, NTPC is getting ready to put out ‘notice inviting tenders’ for 11 units of 800 MW supercritical power projects. According to Mr S. Seshadri, Member (Thermal), Central Electricity Authority, the NIT would be issued next month.
A senior official of BGR Energy told Business Line today that the company would not be in a position to respond to the NIT. It is understood that the tender conditions specify that for such of those equipment manufacturers who do not have a full-fledged manufacturing unit in India, the domestic company and the overseas technology partner shall have ‘joint ownership’ of the manufacturing facility in India.
BGR Energy is yet to take a decision on where to locate the plant.
Against this backdrop, it is learnt from highly placed sources that BGR Energy could move away from the pact with Foster Wheeler and get into an agreement with another company, possibly Hitachi itself. In private conversations with company officials conflicting signals have emerged on this issue, with some officials saying that talks are on with Hitachi for boiler manufacture too, and some others saying that there is no such thing.
When asked how the collaboration with Foster Wheeler was taking shape, BGR Energy’s Managing Director, Mr T. Sankaralingam (former CMD of NTPC), said that he could not comment about this. “An announcement will be made by the end of this month,” he said.
Taken from Business Line
thehindubusinessline(dot)in
...
BGR Energy Systems (Rs 484.5): Buy
Posted by :
garg_mm
We recommend a buy in BGR Energy Systems from a short-term perspective. It is evident from the charts of the stock that after recording a 52-week low of Rs 107 in March, it commenced an uptrend. Since then, the stock has been forming higher peaks and troughs and has been on an intermediate-term uptrend. In its upward journey the stock broke through a major resistance level. Recently the stock took key support at Rs 440 (a long-term support level) and bounced up resuming its uptrend. It has gained 7 per cent accompanied with good volume over the past two sessions. The stock is trading well above its 21-day and 50-day moving averages. The daily relative strength index (RSI) has entered into the bullish zone and the weekly RSI is already featuring in this zone. The medium-term up trendline of the stock is still in place. We are bullish on the counter from a short-term perspective. We expect it to rally further until it hits our price target of Rs 530 in the approaching trading sessions. Traders with a short-term perspective can buy the stock, while maintaining a stop-loss at Rs 460.
Yoganand D.
source:thehindubusinessline 09-10-09
...
I think you should average it around 445-455 level....



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