Skip to main content

Long Term Game

Hyderabad-based VST Industries is popular with mutual funds, which held 8.58% stake end June 2015. The business comprises cigarettes and unmanufactured tobacco. Presence is largely in the value or affordable segment, with brands such as Moments, Special and Charms. Discriminatory and exponential excise hike on 64-mm cigarette in FY 2015 adversely affected the sales volume, which declined 6.9% to 7,540 million pieces. The UK-based British American Tobacco owns 32.16% stake, with a representative on board. There is no debt on the balance sheet, with current investment of Rs 171.2 crore and cash of Rs 42 crore.

NRB Bearings is another stock popular with the institutional investors. Mutual funds held 15.42% stake end June 2015. Incorporated in 1965, the leading manufacturer of ball and roller bearings commands a market share of around 13% in the domestic organized sector. The three subsidiaries are SNL Bearings, NRB Bearings (Thailand) and NRB Bearings Europe GmbH. In a positive development, NRB Bearings (Thailand) reported operating profit in FY 2015. The leveraged balance sheet, with a debt-to-equity ratio of 1.36 times, is a negative. Bonus shares in the ratio of 1:1 were issued in CY 2010.



Comments

Post a Comment

Popular posts from this blog

Best Buy For Monday Upper Circuit Expected TCI FINANCE

*Intraday & Short Term News For Monday* *Fii And Dii News*   *TCI FINANCE LTD (501242 & NSE) (31)*   Incorporated in 1973, TCI Finance Ltd (TCIFL) is a Non-Banking Finance Company (NBFC) registered with the RBI and engaged in the business of Inter-Corporate Deposits, investment in equities of bodies corporate etc.   The Company was promoted by Mr. Mahendra Agarwal, who is also the Managing Director and CEO of Gati Ltd, a pioneer in express distribution and supply chain and promoted by TCFIL   The Rs.2 paid-up share of Gati Ltd currently trades at Rs.113. TCIFL has one subsidiary - ITAG Business Solutions Ltd engaged in the business of Knowledge Process Outsourcing (KPO) in the domain of Intellectual Property Services.   *It is co-promoter of GATI LTD. Company is holding 55,12,455 shares (5.09%) stake in GATI LTD. At CMP value of investments is around Rs.62.3crore. Equity is Rs.12.87crore. Thus value of investment works out to Rs.48.4 per share ...
1 comment
Read more

SSPDL LTD Big Play

SSPDL LTD  It is a small company having presence in South India. It has presence in Chennai, Hyderabad, Kerala and Bangalore. Only BSE listed company. But Circuit Filter is at 20%. From Annual Report: Company is primarily focusing on the development of land, plotted lands, mid-size houses, etc. and reduce the construction contracts work. In view of the projects of the Company under execution and in pipe line, the management is expecting better prospects in future for the company. During the year under review Company given loan of Rs 2.80 crore bearing 18% interest per annum to M/s. BHEL Employees Model Mutually Aided Co-operative House Building Society Limited for meeting the shortfall of amount in paying stamp duty for registering plots in Society’s Name. Projects completed during the year 2014-15: - (1). Frangipani, Pudupakkam, and (2). Meeting House/Service Centre, Bangalore. Regarding Ongoing Projects: 23 Cr is yet to receive from IT park (Alpha City pro...
Post a Comment
Read more

Cipla Ltd ( Ready To Fly In Sky No One Catch It)

Cipla Ltd. (BSE Code: 500087) (CMP: Rs.654.95) (FV: Rs.2) (TGT: Rs.1500)  Cipla Ltd is a pharmaceutical company with business units focused on Active Pharmaceutical Ingredients (APIs), Respiratory and Cipla Global Access. The Company offers APIs, formulations and veterinary products. As of 31 March 2015, Cipla offered services across five continents and in countries like India, South Africa, Europe and North America, among others. It offers over 1,000 products across 120 countries that treat cardiovascular diseases, children’s health, dermatology and cosmetology, diabetes, Human Immunodeficiency Virus/Acquired Immuno Deficiency syndrome (HIV/AIDS), infectious diseases and critical care, malaria, neurosciences, oncology, ophthalmology, osteoporosis, respiratory, urology and women’s health. It also offers veterinary products in categories such as companion, equine, general care, livestock and poultry. Cipla’s UK arm has entered into an agreement to acquire two US-based companies...
Post a Comment
Read more