Sakthi views:

IMPORTANT DISCLAIMER : INVESTMENT IN EQUITY SHARES HAS ITS OWN

RISKS.THIS MATERIAL IS FOR PERSONAL INFORMATION AND AM NOT
RESPONSIBLE FOR ANY LOSS INCURRED BASED UPON IT .THE CONTENTS OF
THIS BLOG ARE FOR INFORMATION PURPOSES AND ARE NOT
RECOMMENDATIONS TO ANY PERSON TO BUY OR SELL SECURITIES. . THE
VIEWS ARE DERIVED FROM VARIOUS SOURCES,NEWS THAT ARE DEEMED TO BE
RELIABLE BUT THEIR ACCURACY AND COMPLETENESS ARE NOT GUARANTEED.

SATURDAY, MAY 29, 2010

Research report:

Apollo tyres
To get report click linkshttp://www.scribd.com/full/32186981?
access_key=key-1x0dxoewgpqp9kax7gfs
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what abt this posts?If really needed post me comments

News: Gold edges down as dollar firms
Data News

16863.06 PO STE D B Y SAKTH I AT 7: 20 PM 0 CO MMEN TS

SENSEX
+196.66

5066.55
NIFTY
+63.45 Cords Cable Industries net profit rises 1470.00% in the

Get Quote Go
March 2010 quarter
Sales rise 28.02% to Rs 78.04 crore
Gainers Losers 52 WK High 52 WK Low
Net profit of Cords Cable Industries rose 1470.00% to
Rs 1.57 crore in the quarter ended March 2010 as
against Rs 0.10 crore during the
previous quarter ended March 2009. Salesrose 28.02%
to Rs 78.04 crore in the quarter ended March 2010 as
against Rs 60.96 crore during the
previous quarter ended March 2009.
For the audited full year, net profit declined 41.23% to Rs 4.19 crore in the
Feedback | Only BuyersSellers | Abnormal Vol year ended March 2010 as against Rs 7.13 crore during the previous year
ended March 2009. Sales declined 0.40% to Rs 220.83 crore in the year
ended March 2010 as against Rs 221.71 crore during the previous year
ended March 2009.
Get Widget
PO STE D B Y SAKTH I AT 10:3 4 AM 0 CO MMEN TS

WEDNESDAY, MAY 26, 2010

ee hindalcoooo fiiiiiii activities

VOTE FOR ME
1)€Hindalco Industries:7%
Post your comments , queries
at sakthivel123@in.com PO STE D B Y SAKTH I AT 6:09 PM 0 CO MMEN TS
Only buy something that you'd be
perfectly happy to held if the market
BUY PANACEABIO 162 to 163, stoploss 158, targets 170 – 173 Positional
suht down for next 10 years - Warren
Buffet Targets 170 and 185 +++

PO STE D B Y SAKTH I AT 6:02 PM 0 CO MMEN TS

FOLLOWERS

J K Lakshmi Cement said it is eyeing an acquisition either in India or

abroad to expand its installed capacity by more than double to 12 million
BLOG ARCHIVE tonnes within two years.

▼ 2010 (116)
▼ May (54)
Hyderabad-based Madhucon Projects has announced that it has won a road

▼ May 29 (2)
project in Bihar. The 64 kilometers long project involved the four-laning of
Chhapra-Hazipur section, and was awarded on a semi-annual annuity of
Research report:
Rs. 65.43 crore. The concession period is five years including construction
Cords Cable Industries net of two-and-a-half years
period
profit rises 1470.00% i...

► May 26 (7) Departing from its core business of textile machinery manufacture,
Lakshmi Machine Works is planning to enter real estate business to utilise
► May 25 (4)
the company's surplus lands.
► May 24 (11)
Departing from its core business of textile machinery manufacture,
► May 23 (6) Lakshmi Machine Works is planning to enter real estate business to utilise
► May 22 (1) the company's surplus lands.

► May 21 (1) PO STE D B Y SAKTH I AT 5:56 PM 0 CO MMEN TS

► May 20 (4)
► May 19 (2)
► May 18 (4) buy Yuken India Ltd
► May 17 (5)
Yuken India net profit rises 1625.00% in the March 2010
► May 14 (1)
quarter
► May 12 (1)
PO STE D B Y SAKTH I AT 8:48 AM 0 CO MMEN TS
► May 11 (4)
► May 05 (1)

► March (23) Majestic Auto net profit rises 4677.42% in the March
► February (26) 2010 quarter
Sales rise 2.27% to Rs 30.64 crore
► January (13)
Net profit of Majestic Auto rose 4677.42% to Rs 14.81 crore in
► 2009 (12) the quarter ended March 2010 as against Rs 0.31 crore during the
previous quarter ended March 2009. Sales rose 2.27% to Rs 30.64 crore in

COMMENTS
the quarter ended March 2010 as against Rs 29.96 crore during the

↑ Grab This Widget

previous quarter ended March 2009.
For the audited full year, net profit rose 354.92% to Rs 20.79 crore in the
year ended March 2010 as against Rs 4.57 crore during the previous year
VISITORS
ended March 2009. Sales rose 11.15% to Rs 127.68 crore in the year
Feedjit Live Blog Stats
ended March 2010 as against Rs 114.87 crore during the previous year
ended March 2009.
LINKS
www.e-referrer.com PO STE D B Y SAKTH I AT 8:40 AM 0 CO MMEN TS

Jubilant Repays FCCB Worth US$ 50 Million & YTM of US$ 19 Million
Noida, Uttar Pradesh, India, Wednesday, May 26, 2010 -- (Business Wire India) --
Jubilant Organosys Limited, an integrated pharmaceutical industry player and the
largest Custom Research and Manufacturing Services Company out of India, today
announced the repayment of FCCBs amounting to US$ 50 million along with the
YTM of US$ 19 million. The FCCBs were due for redemption on May 24, 2010.

The Company has made the repayment as per schedule, in line with the terms and
conditions of the FCCB instrument, underlining the Company's healthy balance-
sheet position.

As at March 31 2010, the Company's Networth at Rs. 2,201 crore and the total debt
at Rs. 3,120 crore compared to Rs. 1,543 crore and Rs 3,878 respectively as at
March 31, 2009. Its Net Debt (net of cash) presently stands at Rs. 2,577 crore as
compared to Rs. 3,258 crore on March 31, 2009. With this repayment of FCCBs
and the pre payment of its Indian Rupee Debt in April 2010, there is a substantial
improvement in the financial ratios with a very low average interest cost of 4.51%

Commenting on the development, Shyam S Bhartia, Chairman & Managing

Director and Hari S Bhartia, Co-Chairman & Managing Director of Jubilant
Organosys said:

"It is the Company's strategy to bring down the leverage to less than a level of 1:1.
Accordingly, in addition to its internal accruals the Company raised a QIP of US$ 85
million and met its obligation of FCCB repayment. Going forward as well Jubilant is
very comfortably placed to meet all its debt obligations, including the FCCBs due in
the year 2011."

The Company's operating outlook is very encouraging and it is excited about the
opportunities in outsourcing segment, due to:

. Order book position of ~ US$ 1billion in CRAMS business

. Increase in operating margins in Drug Discovery and Development Solutions
(DDDS) business
. Increase in capacity utilization in CMO business
. Capacity expansion in Pyridines & its derivatives
. Launch of new Pharmaceutical products in API, Specialty Pharmaceuticals and
Generics
. Commissioning of additional Niacinamide capacity in Nutritional Ingredients
business

About Jubilant

Jubilant Organosys Ltd., an integrated pharmaceutical industry player, is the largest

custom research and manufacturing services (CRAMS) Company out of India. The
company has a presence across the pharmaceutical value chain for providing
products and services such as proprietary products, exclusive synthesis, active
pharmaceutical ingredients, contract manufacturing of sterile injectables & non-
steriles products, radiopharmaceuticals, generic dosage forms, drug discovery
services, medicinal chemistry services, clinical research services, Life Science
Chemicals, Nutrition Ingredients and Healthcare. The Company also manufactures
Agri and Performance Polymer products.
PO STE D B Y SAKTH I AT 8:24 AM 0 CO MMEN TS

pirmal health careeeeeeeeeee

hahhahah 6% upppppppppppppppppp

PO STE D B Y SAKTH I AT 8:21 AM 0 CO MMEN TS

TUESDAY, MAY 25, 2010

Article from MR CA.RAJESH DHIRAJLAL DESAI

BONUS OR STOCK SPLIT: WHICH IS BETTER?

One comes across innumerable companies announcing a stock split.

The moment the news is announced, the share price spurts up and
there remains a positive buzz around the stock. And then the question
which comes to mind is – when stock split is just a cosmetic change
in the shares held, why should the share price go up at all?

In simple terms, stock split means, the company is increasing the

numbers of shares traded, without any change in the equity capital. A
share with a face value of Rs.10 is split into Re.1 per share, so this
means, instead of one share of say, around Rs.100 per share, we now
have 10 shares of Rs.10 each. South Indian Bank has today
announced a stock split of 10:1, which means that if the holding is of
100 shares at the current rate of Rs.155 each, after the split, the
holding will be of 1000 shares, valued at Rs.1550.

So a stock split increases liquidity and many a times, management

thinks that it makes the stock affordable thus enabling more people to
buy. But then, if this is just a cosmetic change, then why does the
share price spurt so much?

The problem is that many view stock split as an equivalent of a bonus

issue but they could not be more wrong. In a stock split, traders feel
that if after the stock split, the share price halves, it would eventually
reach the previous level as that was the perceived valuation. But that
is not correct. When the share is split, its valuation is also split, the
EPS is split and so is the dividend paid. So the valuation is as per the
new face value and not on the old face value. If the stock spilt is 2:1, it
means that each share is entitled to half the dividend, half the
earnings, and half of the assets that it once was.

And then what about a bonus? This is capitalization of the free

reserves of the company. A 1:1 bonus means that if an investor was
holding 100 shares of Rs.50 each, his holding rises to 200 shares but
the share price also falls proportionately to Rs.25 to Rs.30 post the
bonus issue. So, like the stock split, the shares in the hands of the
investor go up but value halves. But in India, the excitement over the
bonus is so high that the fall in share value is not as acute as the one
in stock split for too long. But the big difference is that paid up equity
capital goes up in proportion to the bonus issue.
If one looks at it ether way, it does seem as though bonus and stock
split are more or less the same, with the number of shares in the
hands of the investor going up, with a proportionate fall in share
price. With either a bonus issue or a stock split, market price adjusts
to the bonus or split to maintain the PE or PB ratio at levels same as
before. Bonus issue is more about the fundamental strength of the
company while stock split is about increasing liquidity.

So which is better – stock split or bonus? Obviously a bonus issue

indicates that the company is doing very well while a stock split can
be done even by a company with zero reserves and high debt on its
books. But yes, a stock split in a fundamentally sound company is
good and if it gives a bonus also, well, that’s more than icing, sugar
and cherry on the cake!

--
CA.RAJESH DHIRAJLAL DESAI

--

PO STE D B Y SAKTH I AT 6:58 PM 0 CO MMEN TS

PIRHEALTH

PIRHEALTH may announce dividend of Rs. 100/share ...

buy PIRHEALTH cmp 499

PO STE D B Y SAKTH I AT 6:43 PM 2 CO MMEN TS

Anil Products: 98% upside potential

Hem Securites
21 May 2010
Investment Rationale

Strengthening R & D infrastructureAnil Products Ltd. (APL) is

aggressively strengthening its R & D infrastructure and building
partnerships with research institutes to create a pipeline of
innovative value added products. The company’s focus on moving
up the value ladder has begun to show up in the financial
performance. With R&D activities in full swing, Anil began
manufacturing gluconates by fermentation. To help increase the
range of applications, research was carried out in modifying the
basic starch molecule. Working in close association with large
users in the textile and paper industries, Anil developed specific
products, such as swollen starch, thin boiling starch, ionic
starches, and spray starches.

Launched Several new Products

During the 2009-10, Anil Products introduced several new value added
products for its customers across Food, Textile, Paper, Pharma and Feed
industry. The Company has expanded the manufacturing capacity for
modified and specialty starches to meet the growing demand for its
innovative modified starches. APL’s revenues for Value Added Paper
starches increased by 64%, Value Added Textile starches grew by 79% and
Food, Pharma and Feed business grew by 51% in value. The growth in
profits and higher EBIDTA have been achieved through higher contribution
of value added products and better operational efficiencies. APL is
committed to leverage the opportunities in the bio-industrial and food
space.
Focused Exports marketThe Company exports registered a significant
increase to reach Rs270mn during the year. Anil Products launched its
products in many new countries in Middle East and Africa, especially
countries which do not have indigenous manufacturers of modified starch.
The demand for Modified Starch is growing across customer segments in
India and export markets in food, paper and textiles industry. With more
capacity for modified starch coming on stream, APL will be well positioned
to capitalise on and monetise the emerging opportunities. It efforts to
establish their presence in the international markets for modified starches
have started yielding results.
Starch stiffens more than expected
Estimates of lower maize production in 2009-10 and firm sugar prices have
propped up starch prices, which have risen by 10 per cent since December.
Rising starch prices also mean more profits for its manufacturers.
Companies have already seen a substantial rise in their bottom lines during
the third quarter of the current financial year. The company’s profits rose
due to diversification. However, considering the current scenario in maize,
it is expected that profitability to increase this quarter. Firm sugar prices
also came as a blessing for starch manufacturers. The use of starch as a
substitute of sugar has been on the rise.
ValuationPresently the company is running at a P/E multiple of 4.71x to
its TTM (consolidated trailing twelve months) EPS of Rs.24.57. We
recommend to BUY the stock with price target of Rs.230.00 for
one year which is 98.60% up from the current level of Rs.115.80.

PO STE D B Y SAKTH I AT 8:24 AM 0 CO MMEN TS

Godrej Consumer Products

Reco: ACCUMULATE

CMP: Rs321

Target Price: Rs371

4X4 Earnings Safari, Maintain ‘ACCUMULATE’

Godrej Consumer Products (GCPL) has announced 4 acquisition in last 3
months - (1) acquired balance 51% equity in Godrej Sara Lee from Sara
Lee Inc, thereby becoming 100% subsidiary (2) acquired 100% equity in
Indonesia-based PT. Megasari Makmur Group and its distribution company
PT. Intrasari Raya (3) acquired 100% equity in Nigeria-based Tura Group
and (4) recently acquired 100% equity in Latin America-based Issue Group.
Certainly, above 4 acquisitions are in complete sync with the 3X3 policy
deployed by the management for next 4-5 years. On rough-cut estimate,
GCPL would have spent approximately Rs28.0 bn – expected funding of
Rs22.0 bn through debt and Rs6.0 bn through equity. Despite the equity
dilution of 6.1%, acquisitions are earnings accretive with FY11E and FY12E
earnin gs revised by 17.7% and 29.8% to Rs14.5/Share and Rs18.6/Share.
We are rolling our valuations to FY12E earnings – considering the earnings
traction in FY11E & FY12E and probable surprise driven by acquisitions.
We maintain our ‘ACCUMULATE’ rating with price target of Rs371/Share.

PO STE D B Y SAKTH I AT 7: 59 AM 0 CO MMEN TS

MONDAY, MAY 24, 2010

Petronet LNG (PETLNG)

Target 1
Target 2
Rs 88.55
Rs 90.25
Current Price
Stop Loss
Rs 84.35
Rs 81.80
Shasun Drugs & Chemicals (SHADRU)
Target 1
Target2
Rs 68.62
Rs 69.90
Current Price
Stop Loss
Rs 65.35
Rs 63.35

PO STE D B Y SAKTH I AT 6:45 PM 0 CO MMEN TS

angel

1. NMDC - 4QFY2010 Result Update

Angel Securities recommend a Reduce on NMDC with
a Target Price of Rs247.

2. Bharat Forge - 4QFY2010 Result Update

Angel Securities recommend an Accumulate on Bharat
Forge with a Target Price of Rs284.

3. Inox Leisure - 4QFY2010 Result Update

Angel Securities maintains a Buy on Inox Leisure with a
Target Price of Rs81.
PO STE D B Y SAKTH I AT 8:00 AM 0 CO MMEN TS

CAMLIN FINE CHEMICALS LTD (CFC) target 100-

 12 months

PO STE D B Y SAKTH I AT 7: 22 AM 0 CO MMEN TS

NEWS BOX

?• Godrej Consumer Products (GCPL) today said it will acquire

Latin America-based Issue Group, a market leader in hair
colours in several counties in the region. GCPL has entered
into "an agreement to acquire a 100 per cent stake in
Laboratoria Cuenca, Consell SA, Issue Uruguay and
Issue Brazil (collectively referred to as 'Issue Group')".
?• Naveen Jindal-led Jindal Power is looking to set up a hydro-
power project in Nepal at an estimated cost of Rs 1,500 crore
as part of its multi-billion dollar programme in the energy space.

PO STE D B Y SAKTH I AT 7: 20 AM 0 CO MMEN TS

Prabhudas Lilladher maintains `Buy` on

Indraprastha Gas

Prabhudas Lilladher has recommended `Buy` onIndraprastha Gas with a target price of Rs 267

against the current market price(CMP) of Rs 221 in its report dated May 24, 2010.
``About 30 CNG stations of IGL are in the last leg of commissioning which are expected to be

operational in the next couple of weeks. These incremental CNG stations are expected to add to the

volume growth of CNG.

However, the recent price hike in APM gas prices will dampen the profitability till the company takes

CNG price hike.

The management is confident of taking the necessary price hike in CNG to protect their EBITDA

margins (the company has exercised such price hikes in June 2009 and in Q4FY10).

Although, the near term results may get impacted due to the APM gas price hike, we believe that

eventually the price hike will be passed on to the consumers.

The stock is currently available at 9.9x FY12E earning per share (EPS) of Rs 22.2 and 2.7x P/BV.

We remain positive on the volume growth of the company and maintain 'Buy` on the stock,`` the

broking house said

Prabhudas Lilladher has recommended `Buy` on ITC with a target price of Rs 300 against

the current market price (CMP) of Rs 272 in its report dated May 24, 2010.
`` Higher-than-expected a) Price hikes in cig and b)better profitability innon cig FMCG

division lead us to revise our earnings estimates for

FY11E and FY12E by 2% each.

Continued sequential recovery in Hotels and ramp

up of Banglore property will provide strong boost to

Hotel revenues. Performance of Rs 60 million Micro

Filter Cig remains a key monitorable.

We continue to highlight ITC (Q,N,C,F)* as our top

pick in the large cap space, with a target price of Rs

300. Maintain `Buy`,`` the broking house said.

PO STE D B Y SAKTH I AT 7: 13 AM 0 CO MMEN TS

SKP Securities recommends `Buy` on Dena Bank

KP Securities has recommended `Buy` on Dena Bank with a target price of Rs 119 against the
current marketprice (CMP) of Rs 85 in its report dated May 24, 2010.
The broking house gave the following investment rationale:
> Dena Bank (Q,N,C,F)* is imparting training to its employees to bring efficiency and to make the
credit disbursement process faster.
> Bank is recruiting fresh talent from specialized fields to improve its talent base.
> Dena Bank has transformed all its 100%
branches under CBS. This will bring efficiency in
process.
> Bank has centralized its back office operation, this has
lead to more staff available for
business development.
> Bank has plans to open new branches in semi-urban
areas to tap the CASA accounts.
> Bank has set up recovery teams and specialized
monitoring system to take care of the asset quality. This
has started showing good results as recoveries have
increased.
> Bank has plans to open 400 new branches in next 3 years. This would increase the presence of
the bank and these newbranches will mainly be opened in semi-urban areas which are CASA rich
areas.
> The bank plans to open 250 new ATMS by March 2011.
> Bank is leveraging its relationship with its current customer base to increase the non fund based
business to increase the fee based income.
> Bank is making more tie ups with state governments for franking of documents and other business.
`` At present Dena Bank is trading at 1.16x Adj. BV of FY10. Our target price of Rs 119 is 1.28x and
1x to Adj. BV per share of FY11& FY12 respectively.
We hereby initiate coverage on Dena Bank and recommend `Buy` rating with a target price of Rs
119 (40% upside) in 15 months,`` the broking house said.

PO STE D B Y SAKTH I AT 7: 09 AM 0 CO MMEN TS

5 stocks which FIIs love

1) Hindalco Industries:
2) Tata Steel
3) Tata Motors
4) Hero Honda
5) acc

PO STE D B Y SAKTH I AT 7: 08 AM 0 CO MMEN TS

Biocon inks pact with Optimer Pharma

Biocon, one of India`s premier biotechnology companies and a global provider

of manufacturing services and Optimer Pharmaceuticals, a biopharmaceutical company

focused on the treatment of serious infections such asClostridium difficile infection

(CDI), announced today that they have entered into a long-term supply agreement for the

commercial manufacturing of the active pharmaceutical ingredient fidaxomicin, Optimer`s

lead product candidate for the treatment of CDI.

Pick of the Week: Indian Bank

CICI Securities, a leadingbrokerage house has recommended Indian
Bankstock as `pick of the week` with a three-month target price of Rs 229.7
(potential upside 10%) as againstcurrent market price of (CMP) of Rs 209.
The recommendation rationale is as under:

``Indian Bank is a mid-sized public sector bank (PSB) with 1,756 branches
and 1,005 ATMs. The current business mix ofthe bank stands at Rs
1,508.86 billion, comprising Rs 882.28 billion of deposits and Rs 626.58
billion of advances (implying C/D ratio of 71%). Of the total deposits, CASA
constitutes 33%. This has helped the bank to contain cost of deposits and
maintain NIM of ~3.5% in the past five years. The bank has also improved
its cost to income ratio from over 54% in FY06 to below 39% for FY10. We
expect a re-rating of the multiple at which the bank is currently trading on
the back of a significant improvement in its asset quality and consistent
business performance``.

``At the CMP of Rs 209, the bank is trading at 1x FY12E ABV, which looks
quite attractive to us. With above industry RoE of 23%, RoA of 1.5% and
NIM of 3.5%, the bank should command a higher multiple. Therefore, we
are positive on the bank and recommend it for a 10% upside from current
levels (valued at 1.1x FY12E ABV) in the coming three months.``

``Indian Bank has seen a healthy correction over the past three weeks after
a strong rally early on. In the process it corrected its previous rally by 50%
and now appears poised for a fresh leg upwards. The technical set up is
interesting even as the stock has shown resilience in turbulent markets.
The 14-week RSI is resting on its trigger line and sustaining above 60
levels indicating strength. We expect the price to escalate to the levels of
229 in the short-term``.

PO STE D B Y SAKTH I AT 7: 06 AM 0 CO MMEN TS

Following are the 6 stocks on which various

brokeragehouses have given a Buy / Sell
recommendation: Stocks with Buy rating

PO STE D B Y SAKTH I AT 7: 02 AM 0 CO MMEN TS

Mundra SEZ attracts Rs 3,000 crore investment

Adani group’s 6,400 hectare Mundra SEZ in Kutch district of Gujarat has
attracted over Rs 3,000 crore. As many as 21 companies have committed to
set up projects there.
The early entrants include Thermax, Kalyani Alstom Power and Alstom
Bharat Forge Power, some 18 more companies have finalised plans and
have received departmental approvals. While Alstom Bharat Forge will
invest Rs 1,300 crore to set up a turbines and generators manufacturing
unit, Kalyani Alstom will pump in Rs 450 crore for a heat exchangers and
condenser-making unit.

PO STE D B Y SAKTH I AT 6:58 AM 0 CO MMEN TS

RNRL- review

As i mentioned earlier it was moved a rocket..24% up.but i know no one get

in to it.Let see 2morrw

PO STE D B Y SAKTH I AT 6:55 AM 0 CO MMEN TS

SUNDAY, MAY 23, 2010

 News from sources

Corporate News Headline

• Bharat Forge reported a flat growth in net profit at Rs. 612.6 mn for the fourth quarter
ended March. The company had a net profit of Rs. 611.3 mn during the corresponding
quarter of the last fiscal, Bharat Forge said. (BS)
• ITC reported a 27% growth in its net profit to Rs. 10.28 bn in the quarter ended March
31, 2010. The company had a net profit of Rs. 8.09 bn in the quarter ended March 31,
2009. (BS)
•
IRB Infrastructure Developers has been selected for the six-laning of Tumkur-
Chitradurga section of NH-4 in the state of Karnataka. (BS)

PWIL remains a market leader in its segment having an

excellent payout policy except for 2008-09, which was
primarily due to recessionary conditions.
At its current market price of Rs.100, the PWIL share is
discounted less than 6 times its 2009-10 EPS of
Rs.18.76. Further, the share is quoting less than its
book value of around Rs.122. The company has also
hiked the dividend from 8% to 44% for 2009-10 which
indicates the confidence of the management in its
future growth prospects.
In view of its impressive performance, high payout, the
attractive price makes the share of PWIL an attractive
bet at current prices. The share is wired for growth in
the days to come. Buy for a TARGET 150 + in few
months.

Piramal€Glass
Piramal€Glass€is among the top three flacconage
(glass€bottle) manufacturers in the world supplying to
pharmaceutical, cosmetics and perfumery, specialty
food and beverages and decoration industries.
Restructuring of operations coupled with improved
realisations helped the company post excellent
turnaround performance. With the promoter
group€Piramalflush with cash from Abbott deal, market
players expect them to concentrate more
on€Piramal€Glass.€Buy on declines for price target of Rs
175 in medium term

1.
Alstom Projects (APIL) – Buy Alstom Projects between
Rs.576 and Rs.560 for a Target of Rs.630 in 1-2 weeks.
Stop
 Loss = Rs.555 on closing basis.

PO STE D B Y SAKTH I AT 6:42 PM 2 CO MMEN TS

Jubilant Foodworks Ltd

buy
Jubilant Foodworks Ltd at 278-230
target350/400
PO STE D B Y SAKTH I AT 7: 20 AM 0 CO MMEN TS

ICICI Bank Ltd

Buy ICICI at following ranges-835/820/750-short term -950

PO STE D B Y SAKTH I AT 7: 13 AM 0 CO MMEN TS

Buy RNRL monday.......chek the openning bell and

enter
In a seeming breakthrough, the respective Reliance groups led by the
brothers Mukesh and Anil Ambani Sunday said they have entered into a
new and simpler non-compete pact that will help resolve the Krishna-
Godavari gas dispute soon.
“These developments would eliminate any room for any further disputes
between the two groups on matters relating to the scope and
interpretation of non-compete obligations,” the Anil Reliance Dhirubhai
Ambani group said in a statement.

PO STE D B Y SAKTH I AT 6:57 AM 0 CO MMEN TS

Eagle eye-Astral Poly Technik

stral Poly Technik Deliver EPS of Rs.10.44 and Post a Robust 215% Growth in PAT
and 77% Growth in Top Line for Q-4

Ahmedabad, Gujarat, India, Friday, May 21, 2010 -- (Business Wire India) -- Astral
Poly Technik Ltd. Leaders in manufacturing of CPVC pipes & fitting announced their
financial results for the Quarter ended on 31st March, 2010.

Overview of Q4 FY2010 v/s Q4 FY2009

. Company's sales from operations has increased by 77%, to Rs.102.08 Crore for
the FY 2010 (Q-4) as against Rs.57.81 Crore in FY 2009 (Q-4).
. PBT has increased by 225% to Rs. 14.09 Crore for FY 2010 (Q-4) as against Rs.
4.34 Crore in FY 2009 (Q-4).
. Cash Profit has increased by 150% to Rs. 14.03 Crore for FY 2010 (Q-4) as
against Rs. 5.61 Crore in FY 2009 (Q-4).
. Profit After Tax (PAT) has increased by 214% to Rs. 11.73 Crore for FY 2010 (Q-
4) as against Rs. 3.73 Crore in FY 2009 (Q-4).
. EBITA has increased by 54% to Rs. 13.90 Crore FY 2010 (Q-4) as against Rs.
9.03 Crore in FY 2009 (Q-4).
. The Company has delivered an Earning Per Share (EPS) of Rs. 10.44 for the
current quarter.

During the quarter company is able to increase the presence of its new products
range into the various part of the country and due to that company is able to utilize
its capacity more during the quarter.

During the last quarter company has increased its capacity from 25,968 MT p.a. to
30,867 MT p.a., Further the capacity utilization during the full year was 19,411 MT .
During the last quarter the capacity utilization was 6,192 MT.

Company has maintained its growth momentum during the current year by growing
more than 50% on an annualize basis and not only in topline but in bottom line also
company has grown by 98% .

Since company is growing at Appx. 45% CAGR growth since last 6 years indirectly
company is doubling its size every two years and this time company has proved that
it can grow even at a higher base because of wide acceptability of CPVC in Indian
Market for new construction as well as in replacement market and similar is the
case for growth in the new products such as under ground pipes , SWR pipes and
Foam Core Pipes.

To continue this growth momentum company has decided to further increase its
capacity in the year 2010-11. Further considering this growth momentum of 45%
CAGR and continuous addition in the capacity company has purchased a land at
Dholka 40 Km from Ahmedabad having a size of 36,729 Sqr. Meter. Where
company will come up with its expansion plan.

During the first quarter company is going to commercially launch the underground
Chambers and Manholes in the Indian Market.

PO STE D B Y SAKTH I AT 6:43 AM 0 CO MMEN TS

Educomp Solutions Ltd

This stock reverse soon....buy good scrips at bad time.....this is the time to
buy .....use it

PO STE D B Y SAKTH I AT 6:11 AM 0 CO MMEN TS

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