ROCKET STOCK .... ESTER INDUSTRIES LTD; at 22.5/- Target of 35/- & 45/-
Posted by :
India_bulls
ROCKET STOCK .... ESTER INDUSTRIES LTD; at 22.5/- Target of 35/- & 45/-
ESTER INDUSTRIES LTD Trading in BSE at 22.5/-in B Group. (BSE Code- 500136) Target 35 & 45/- for short term. Safe Investment at 22.5/-. Good profit making company; last year 2008-09 EPS 6.1 PE just 4 and Expected EPS 7.5/- for 2009-10. as per this PE only 3 for this industry average PE was 25 if we take minimum 10 it will go 75/- +++; Good Dividend yielding every year from 2004 at 10% per Annum. Company having good Reserves and Good Book Value at 25/- and good land Bank in vadodara, Gujarat. Good promoters Holding 70%. This stock worth up to 50/- to 75/- as per reserves and profits and company value and company manufacturing products. Some good news coming out soon.
See My last calls IFCI given at 42/- Touched 53/- just 2 days time 25% return in 2 days time. And Eastern Silk Ltd Given at 13.5/- touched 20.25/- within 1 week time.
See My last 1 Month Calls 1) IFCI given at 42/- Reached 53/- just 2 day 2) Eastern Silk Ltd given at 13.5/- touched at 20.25/- just 5 days 3) Ponni Sugar given at 55/- touched 110/-
3) Vikas WSp given at 21/- Touched 35/- 4) Techtran Poly given at 11/- Touched 27/- 5) Guj Borosil given at 11/- Touched at 17.5/- 6) RPG LifeScince given at 22/- Touched 59/--.
Very Valuable stock ESTER INDUSTRIES LTD at 22.5/- current Market Situation; In this Market correction time Buy safe stocks like ESTER INDUSTRIES LTD at 22.5/- EPS 7.5/-; PE 3; Good Dividend paying company every year 10% from 2004.; So happily Buy at current price at 22.5/- and sell at 35/- to 45/- within Short period. Risk free investment at 22.5/-. Because Good Value Stock at 22.5/- Company Expansion Income and profits will come Next Quarter on wards.
ESTER INDUSTRIES LTD; trading in BSE at 22.5 /- in B Group. Daily accumulating company circle people. And Daily grabbing with Mumbai BIG BIG Bulls also because of Now stock is available at very very cheep price at 22.5/- Expecting Annual EPS 7.5/- for 2009-2010, with PE 3 only. Normally in worst condition also PE will at 10 for this Industry. If we take 10 PE It will go Rs. 75/- +++. Average PE for this Industry 25. If we take min PE 10 Share price will go 75/- ++++.
ESTER INDUSTRIES LTD Declared Results for 2008-09 Income 372 Cr and Net Profit was 33Cr as per this EPS 6.1 and 6 Months results for 2009-10 was Income 184Cr and Net Profit was 15Cr as per EPS 5.5/- Next quarter expansion results will add. So Expected EPS for 2009-10 for this year 2009-10 EPS was 7.5; as per this PE just 3.This Industry PE 25; if we take min PE at 10 It will go 75/- ++++.
Share Holding Pattern:
Promoters : 68.5%; Corporate Bodies : 5.5%; Public only 25%; Other 1%.
Ester India was established in 1980 as a small-scale unit manufacturing fine chemicals. The first product to start with was an ester, and hence the name. The unit is situated at an established chemical estate Nandesari, about 16 kms. north of the city of Vadodara. The city of Vadodara is situated in the western part of the country, about 450 kms. north of Mumbai, the financial capital of the country.
Since beginning, the emphasis has been on the efforts put in developing inhouse technologies for high value addition products. The hydantoin molecule was developed in 1982, making us pioneers of this in the country. Today, three halogenated derivatives of this hydantoin molecule - namely Dibromo, Dichloro and BromoChloro - hydantoins are being marketed. Apart from hydantoin molecule, we also custom manufacture Halogenated Succinimides, Ethylene Ureas, Amino Isoubutyric Acid, Substituted Triazoles, Benzodiazapines, etc. under secrecy agreements with various valued
This company has a great future. Even if we give a conservative P/E of 10 (Industry Avarage PE was 25), It should be trading at Rs. 75+ based on FY 2009-10earnings. So there is a long way to go. Investors with faith in ESTER INDUSTRIES LTD Management and having patience will definitely earn a lot.
Possitive Points for this stock for Up moving:
1) ESTER INDUSTRIES LTD trading at 22.5/- in BSE; Doing Very good Profit making company and Good dividend paying company.
2) Recently declared Good results Half year NetProfit 15 Cr. And Expansion NetProfit will add next quarter. Estimating EPS for 2009-10 was 7.5/- as per this PE only 3 if we take minimum PE 10 it will go 75/- ++++.
3) Mumbai Bulls and Operators are accumulating at current price. Because Stock is available at very cheep price at 22.5/-; Compare to all stocks good value at present Market situation.
4) Company Having good reserves and Good land at vadodara.
5) Some good News coming out soon
6) Valuable Stock at 22.5/- Because Good reserves and Good Land and good profit 7.5/- EPS as per this minimum 50/- to 75/- worth stock.
Enter current price at 22.5/- Short term Target 35/- & 45/- Medium TermTarget 75/-Strong Fundamentals.
Happy Investing...
BIGBULLS
MUMBAI
...
Specially this Unitech is for breav hearted investors....
Heading
Posted by :
NAUGHTY007the share is not for the faint hearted...
Buy Unitech
Posted by :
VarnerThe share price comes down when correction is ther but does move up with the sensex....
Short Term Investor
Posted by :
dipakgodi think you watch the level of 90 if not cross, in next week than exit, if cross than hold for 100+...
Buy Unitech
Posted by :
dipakgoddont hurry to enter, this realty stock is tank blow in evry correction. ...
Heading
Posted by :
NAUGHTY007it may touch 120 but first may reach 70 within a couple of days as nifty expected to tank another 75 pts tomm...
Buy Unitech
Posted by :
sonu90210ok,hope for the best,but the best price to enter is 70-75....
Buy Unitech
Posted by :
DabralOne project will not give 50% bounce for any scrip. Its just a dull stock which will not perform better for next 1 year. It will touch max of 100 if something drastically changed for Real-state sector....
Buy Unitech
Posted by :
sachinlakecityBecause unitech worli project which has been open before 1-2 month is going sucessfully nad it will impact on the stocks price very soon....
Buy Unitech
Posted by :
sonu90210can u tell y?wts the news behind ur price quote...
Buy Unitech
Posted by :
sachinlakecitybuy unitech now opportunity to buy.It has alredy been consolidated.now time to rally this stock. 1 month it can touch 120-130....
NEAR TO BLOW
Posted by :
sachinlakecityI agree with u. Unitech can go up 120 in one month but it is difficult to say go 200 in six month....
NEAR TO BLOW
Posted by :
gopelot of consolidation done now it should go up.i am sure because it has got lot of success in pre sale of flats in posh worli area of mumbai.the co will reap fruits in near future. in my view stock should go up to 200 in next 6 months and 120 in a month ...
U N I N O R --Second largest foreign operator
Posted by :
rvk41
Norwegian mobile operator Telenor said it had trimmed its accumulated capex guidance for the first five years of its operations in India by
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about 4 billion crowns ($712.6 million) while maintaining other targets.
Telenor, which is due to launch in India later this year, said its rollout combined with better terms from equipment vendors will reduce capex requirements.
"The earlier communicated peak funding of 155 billion rupees is now expected to be somewhat lower," Telenor said in a statement, adding that the reduction would be around 30-35 billion rupees.
"The market share ambition and other financial targets, including EBITDA break-even approximately three years after launch and operating cash flow break-even approximately five years after launch, are still valid," it added.
Telenor added that India`s Foreign Investment Promotion Board`s formally approved Telenor to increase its shareholding in its Indian venture Uninor to 67.25 per cent.
Telenor says it is the second largest foreign operator in Asia following Vodafone. It has operations in the Nordics, Eastern Europe and across Asia
For information,with regards
rvk41...



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