Scripscan:Bhoruka Aluminium Ltd
cmp:3
Code:506027
Story:Bhoruka Aluminium Limited engages in manufacturing, processing, and dealing in aluminium extrusions worldwide. It provides structural extrusions for doors, windows, vents, shop fronts, louvers, rolling shutters, ladders, curtain walls, glazing, and partitions. The company also manufactures special extrusions for water purifiers, small electric motors, computers, electronics equipment, modular racks, exhibition stalls, moulded luggage, conservatories, and sprinkler irrigation systems; and develops special sections for use in micro light aircraft, and heat sink for cryogenic engines. It offers its products for transportation, industrial, building and construction, electrical and electronics, interiors, and solar industries.There is hardly anything to complement this particular company.It has performed in a volatile manner over the last several years and dont seem to be improving a penny bit.The capacity utilization has been a mere 35-45% over the last couple of years and still the company has dared to expand the capacity very recently.Even if it operates in its full capacity it cannot dramatically jerk up the bottomline.The only positive aspect about Bhoruka Aluminium is its investments in its group companies- TCI Industries and TCI Finance which stands at about 10crs as on date.The company few months back rewarded investors with a bonus issue which defies any justification.Its planning to raise 50crs which would again dilute the equity.At most a hold at present prices.
Friday, December 23, 2011
Tokyo Plast International Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Tokyo Plast International Ltd
cmp:14
Code:500418
Story:Tokyo Plast International is the manufacturer of “PINNACLE ‘ brand Thermoware products. Company's main products are Thermo Containers,Insulated coolers,Beverages containers etc.Considering the increasing popularity of Pizza Consumption ,recently company introduced single and double layered Pizza containers .Company having two manufacturing units – one located at Kandla and other at Daman. Company is concentrating in exports and earned an income of Rs.38 Crore (out of total sale of Rs.41 cr ) from exports last year which is an improvement of almost 50 % from previous year. Its total income tripled in last five years where sales improved from Rs.14 Cr to Rs.41 Cr and bottom line from just Rs.7 lac to Rs.2.33 Cr in the said period. In last one year promoters also hiked their stake marginally.Even if the company’s products are not strictly comparable with the products manufactured by other houseware manufactures like TTK prestige Gandhimathi appliances,Kanchan International ..etc the trend in demand growth is moving almost in the same line based on the consumption story. Chances are also there for expanding the business into the manufacturing of other related housewares where there is large opportunity is available in a country with a population of 120 Crore .Company is expected to close this full year with an EPS of Rs.3/-.Considering the steady growth of topline it shows in the past many years and recent efforts to introduce value added new products – which is expected to improve the margins- Tokyo plast is a suitable low priced scrip for investors with patience.
Source:Valuepick
cmp:14
Code:500418
Story:Tokyo Plast International is the manufacturer of “PINNACLE ‘ brand Thermoware products. Company's main products are Thermo Containers,Insulated coolers,Beverages containers etc.Considering the increasing popularity of Pizza Consumption ,recently company introduced single and double layered Pizza containers .Company having two manufacturing units – one located at Kandla and other at Daman. Company is concentrating in exports and earned an income of Rs.38 Crore (out of total sale of Rs.41 cr ) from exports last year which is an improvement of almost 50 % from previous year. Its total income tripled in last five years where sales improved from Rs.14 Cr to Rs.41 Cr and bottom line from just Rs.7 lac to Rs.2.33 Cr in the said period. In last one year promoters also hiked their stake marginally.Even if the company’s products are not strictly comparable with the products manufactured by other houseware manufactures like TTK prestige Gandhimathi appliances,Kanchan International ..etc the trend in demand growth is moving almost in the same line based on the consumption story. Chances are also there for expanding the business into the manufacturing of other related housewares where there is large opportunity is available in a country with a population of 120 Crore .Company is expected to close this full year with an EPS of Rs.3/-.Considering the steady growth of topline it shows in the past many years and recent efforts to introduce value added new products – which is expected to improve the margins- Tokyo plast is a suitable low priced scrip for investors with patience.
Source:Valuepick
Dolat Investments Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Dolat Investments Ltd
cmp:3
Code:505526
Story:Incorporated by late Mr. Dolatrai A. Shah, the Group is presently owned and administered by his four sons.The Group gained its initial membership of the Bombay Stock Exchange in the year 1970 and in 1993, the entity ‘Dolat Capital Market Ltd.' was established. Dolat Investments Limited engages in the trading and investment activities in India. It trades in shares, securities, and commodities.The Company's income is mainly derived from the investments made in the Stock market and Mutual Funds Units.With stock markets tanking the company is set to suffer losses.Exit out and switch to other stocks from sunrising sectors.Sales and profits has been lacklusture over the last 4-5 years owing to the immense market volatility.The book value stands at a mere 4rs.A 45crs marketcap is unwarranted for the counter.Invest in penny stocks only after a solid research and understanding of the business,gambling on them without even any knowledge would butch one up.
cmp:3
Code:505526
Story:Incorporated by late Mr. Dolatrai A. Shah, the Group is presently owned and administered by his four sons.The Group gained its initial membership of the Bombay Stock Exchange in the year 1970 and in 1993, the entity ‘Dolat Capital Market Ltd.' was established. Dolat Investments Limited engages in the trading and investment activities in India. It trades in shares, securities, and commodities.The Company's income is mainly derived from the investments made in the Stock market and Mutual Funds Units.With stock markets tanking the company is set to suffer losses.Exit out and switch to other stocks from sunrising sectors.Sales and profits has been lacklusture over the last 4-5 years owing to the immense market volatility.The book value stands at a mere 4rs.A 45crs marketcap is unwarranted for the counter.Invest in penny stocks only after a solid research and understanding of the business,gambling on them without even any knowledge would butch one up.
Eastern Gases Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Eastern Gases Ltd
cmp:16
Code:590080
Story:Reduction in the subsidy on LPG and rationing of the subsidized LPG Cylinders for consumers will be a reality in near future.Talk on this subject is already on and it may take shape eventually.Who will benefit from such a scenario - no doubt it is private LPG distributors. When the difference of the cost of LPG cylinders distributed by PSU's and private players become nil or negligible Private LPG distributors will get a chance to compete with PSU's and increase their market share. When we look into the investment angle of this possible changes , we have not much choices left .Only very few private LPG distributors are available in listed space. EASTERN GAS - is one such company from Kolkatta which is not very popular for investor fraternity till now.Eastern gas is currently concentrating in distributing commercial Cylinder under the brand name ' EAST GAS' in Kolkata and nearby areas. It is distributing LPG in 17 and 33 kg commercial cylinders .Since the subsidy is very huge for non commercial cylinders, at present it is not viable to distribute home cylinders in a big way .But the situation will change when there is a reduction in subsidy as mentioned above. Company having a 30,000 MT / month LPG refilling plant at Durpagur.Eastern Gas also having a marketing agreement with Indian Oil Petronas Private Limited. Company is also in Auto LPG Segment and planning to start 100 auto LPG filling stations in few years.It also having plans to start joint ventures for city gas distribution . All together , policy changes in this sector is expected to change in favor of Private LPG distributors. Number of listed companies from this space is very few . Hence , once there is some clarity emerges in this sector, first comers with necessary infrastructure will benefit a lot and in such a situation Easter Gas may turn as a dark horse .For the last financial year Eastern Gas posted a turnover of Rs.90 Cr v/s Rs.63 Cr and a net profit of Rs.1 Cr v/s 63 Lac. At CMP of Rs.16/ - nothing to loose .
Source:Valuepick
cmp:16
Code:590080
Story:Reduction in the subsidy on LPG and rationing of the subsidized LPG Cylinders for consumers will be a reality in near future.Talk on this subject is already on and it may take shape eventually.Who will benefit from such a scenario - no doubt it is private LPG distributors. When the difference of the cost of LPG cylinders distributed by PSU's and private players become nil or negligible Private LPG distributors will get a chance to compete with PSU's and increase their market share. When we look into the investment angle of this possible changes , we have not much choices left .Only very few private LPG distributors are available in listed space. EASTERN GAS - is one such company from Kolkatta which is not very popular for investor fraternity till now.Eastern gas is currently concentrating in distributing commercial Cylinder under the brand name ' EAST GAS' in Kolkata and nearby areas. It is distributing LPG in 17 and 33 kg commercial cylinders .Since the subsidy is very huge for non commercial cylinders, at present it is not viable to distribute home cylinders in a big way .But the situation will change when there is a reduction in subsidy as mentioned above. Company having a 30,000 MT / month LPG refilling plant at Durpagur.Eastern Gas also having a marketing agreement with Indian Oil Petronas Private Limited. Company is also in Auto LPG Segment and planning to start 100 auto LPG filling stations in few years.It also having plans to start joint ventures for city gas distribution . All together , policy changes in this sector is expected to change in favor of Private LPG distributors. Number of listed companies from this space is very few . Hence , once there is some clarity emerges in this sector, first comers with necessary infrastructure will benefit a lot and in such a situation Easter Gas may turn as a dark horse .For the last financial year Eastern Gas posted a turnover of Rs.90 Cr v/s Rs.63 Cr and a net profit of Rs.1 Cr v/s 63 Lac. At CMP of Rs.16/ - nothing to loose .
Source:Valuepick
Zigma Software ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Zigma Software ltd
cmp:4
Code:532177
Story:Zigma Software Limited provides consultancy, and information and technology services in India. It also involves in the agricultural activities, including the provision of bio-tech and agricultural products.Zigma Software reported net loss of Rs 0.11 crore in the quarter ended September 2011 as against net profit of Rs 0.04 crore during the previous quarter ended September 2010. There were no sales reported in the quarter ended September 2011 as against Rs 0.41 crore during the previous quarter ended September 2010.The company is a nothing company now with sales to the tune of mere 1crs.It still attracts marketcap of 16crs which is very much on the higher side.Lethargic management with little transparency adds more woes to the investor's misery.It can make a rally once the penny stock fraternity makes any move.Remains a sell on rally candidate.
cmp:4
Code:532177
Story:Zigma Software Limited provides consultancy, and information and technology services in India. It also involves in the agricultural activities, including the provision of bio-tech and agricultural products.Zigma Software reported net loss of Rs 0.11 crore in the quarter ended September 2011 as against net profit of Rs 0.04 crore during the previous quarter ended September 2010. There were no sales reported in the quarter ended September 2011 as against Rs 0.41 crore during the previous quarter ended September 2010.The company is a nothing company now with sales to the tune of mere 1crs.It still attracts marketcap of 16crs which is very much on the higher side.Lethargic management with little transparency adds more woes to the investor's misery.It can make a rally once the penny stock fraternity makes any move.Remains a sell on rally candidate.
Vintron Informatics Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Vintron Informatics Ltd
cmp:4
Code:517393
Story:Vintron Informatics Limited engages in the manufacture and sale of personal computers and computer peripherals. The company offers monitors, mouse/scanners, communication systems, products and accessories, computer systems, mother boards, and electronic media devices. It also provides electronic contract manufacturing services and turnkey solutions, including jobwork manufacturing, turnkey manufacturing, pilot production, and after sales services to OEM’s.Net profit decreased in fy11 vs fy10 because of reduced volume in job work and more emphasis on manufacturing and trading activities.Its hardly a 5-6crs sales company with a mere 1cr profit.At 32crs marketcap you can find much better and safer bets.Its a sell on rally candidate.
cmp:4
Code:517393
Story:Vintron Informatics Limited engages in the manufacture and sale of personal computers and computer peripherals. The company offers monitors, mouse/scanners, communication systems, products and accessories, computer systems, mother boards, and electronic media devices. It also provides electronic contract manufacturing services and turnkey solutions, including jobwork manufacturing, turnkey manufacturing, pilot production, and after sales services to OEM’s.Net profit decreased in fy11 vs fy10 because of reduced volume in job work and more emphasis on manufacturing and trading activities.Its hardly a 5-6crs sales company with a mere 1cr profit.At 32crs marketcap you can find much better and safer bets.Its a sell on rally candidate.
Incap ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Incap ltd
cmp:9
Code:517370
Story:Incap Limited manufactures and sells AC and DC volts aluminum electrolytic capacitors and silicon rubber insulators to OEMs and dealers in India.Its products comprise radial capacitors for electronic ballast and other lighting applications; motor start capacitors for single phase pump sets, air conditioners, and wet grinders; lug terminal capacitors; and screw terminal capacitors.The market demand for the Company's Capacitors has shown substantial growth during the year 2010-2011 and contunues to be good.There has been improvement in the sales volume compared to the previous year.Company's value of Sales increased to 1471.05 Lakhs from 1262.52 Lakhs for the previous year and indicated a growth of 14.17% inspite of severe pressure on price front.The wholly Owned Subsidiary i.e. Incap Insulators Private Limited merged with the Company and the total sales from Insulators or Insulators Division amounted to 82.80 Lakhs and resulted a net loss of 124.04 Lakhs from the said division. Company is taking effective steps to increase the insulators sales in the current financial year 2011-2012 by doing business promotions.The electronic component industry is facing severe competition from imports as well as Indian manufacturers.However,given the continued support,company's product enjoy support from the key customers and confident of doing higher turnover during the coming years.The company has new order in hand from Power grid Corporation and expecting more orders from power grid and other power companies in the current year.At 9rs one has little to loose.A hold at present levels.Any good numbers in near future would help it to make a sharp northward movement in the bourses.
cmp:9
Code:517370
Story:Incap Limited manufactures and sells AC and DC volts aluminum electrolytic capacitors and silicon rubber insulators to OEMs and dealers in India.Its products comprise radial capacitors for electronic ballast and other lighting applications; motor start capacitors for single phase pump sets, air conditioners, and wet grinders; lug terminal capacitors; and screw terminal capacitors.The market demand for the Company's Capacitors has shown substantial growth during the year 2010-2011 and contunues to be good.There has been improvement in the sales volume compared to the previous year.Company's value of Sales increased to 1471.05 Lakhs from 1262.52 Lakhs for the previous year and indicated a growth of 14.17% inspite of severe pressure on price front.The wholly Owned Subsidiary i.e. Incap Insulators Private Limited merged with the Company and the total sales from Insulators or Insulators Division amounted to 82.80 Lakhs and resulted a net loss of 124.04 Lakhs from the said division. Company is taking effective steps to increase the insulators sales in the current financial year 2011-2012 by doing business promotions.The electronic component industry is facing severe competition from imports as well as Indian manufacturers.However,given the continued support,company's product enjoy support from the key customers and confident of doing higher turnover during the coming years.The company has new order in hand from Power grid Corporation and expecting more orders from power grid and other power companies in the current year.At 9rs one has little to loose.A hold at present levels.Any good numbers in near future would help it to make a sharp northward movement in the bourses.
Somi Conveyor Beltings Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Somi Conveyor Beltings Ltd
cmp:10
Code:533001
Story:Somi Conveyor Beltings Limited engages in the manufacture and sale of industrial conveyor belts in India. It offers special utility, heat and chemical resistant, and crackless conveyor belts. The company’s conveyor belts are used in various material transport applications, such as manufacturing, food processing, and heavy industries.Besides, the Company has successfully launched three
New Types of Conveyor belt:# CRACKLESS SEHR-36™ Conveyor Belt, which does not develop any cracks even if exposed to run at temperatures ranging from 200 degrees centigrade to 250 degrees centigrade and even more.# ROCK-2007 Conveyor Belt, which is Heavy Duty Conveyor Belt with exceptional qualities to convey materials far in excess of traditional M-24 Conveyor belts and is excellent resistant to wear, tear and abrasions.# SEFR-72™ Conveyor Belt , which has superior inbuilt properties to resist fire even if exposed to flame for considerable time. The belt automatically changes its colours at different temperatures. These belts are designed and developed by its R&D with own formulations with the help of somi's Ultra Modern Lab facilities.The company also exports its products to the outside world.The Company has a long list of topline clientele, notable among them are ACC, Aditya Birla Group of Companies, L&T, Essar Steel, TATAs, Ambuja Group etc. in private sector favouring the Company with their repeat orders.It recently installed a new manufacturing facility at its existing plant at jodhpur,Rajesthan.The plant is well connected by excellent Rail, Road & Air Line facilities.The new facility has expanded the total capacity from 4.5 lakh metres to 9 lakh metres of conveyor belt manufacturing.It made the company one of the largest conveyor belt manufacturing company in our country. The company aims to have a turnover of 80crs by fy13 from 23crs in fy11.At present prices it seems a to be a good hold candidate.
cmp:10
Code:533001
Story:Somi Conveyor Beltings Limited engages in the manufacture and sale of industrial conveyor belts in India. It offers special utility, heat and chemical resistant, and crackless conveyor belts. The company’s conveyor belts are used in various material transport applications, such as manufacturing, food processing, and heavy industries.Besides, the Company has successfully launched three
New Types of Conveyor belt:# CRACKLESS SEHR-36™ Conveyor Belt, which does not develop any cracks even if exposed to run at temperatures ranging from 200 degrees centigrade to 250 degrees centigrade and even more.# ROCK-2007 Conveyor Belt, which is Heavy Duty Conveyor Belt with exceptional qualities to convey materials far in excess of traditional M-24 Conveyor belts and is excellent resistant to wear, tear and abrasions.# SEFR-72™ Conveyor Belt , which has superior inbuilt properties to resist fire even if exposed to flame for considerable time. The belt automatically changes its colours at different temperatures. These belts are designed and developed by its R&D with own formulations with the help of somi's Ultra Modern Lab facilities.The company also exports its products to the outside world.The Company has a long list of topline clientele, notable among them are ACC, Aditya Birla Group of Companies, L&T, Essar Steel, TATAs, Ambuja Group etc. in private sector favouring the Company with their repeat orders.It recently installed a new manufacturing facility at its existing plant at jodhpur,Rajesthan.The plant is well connected by excellent Rail, Road & Air Line facilities.The new facility has expanded the total capacity from 4.5 lakh metres to 9 lakh metres of conveyor belt manufacturing.It made the company one of the largest conveyor belt manufacturing company in our country. The company aims to have a turnover of 80crs by fy13 from 23crs in fy11.At present prices it seems a to be a good hold candidate.
SKM Egg Products Export (India) Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view/outlook,multibagger
Scripscan:SKM Egg Products Export (India) Ltd
cmp:6
Code:532143
Story:SKM is a listed entity in Egg Powder business which is a good margin business.Venky's promoters also have Egg Powder business but it is not part of the listed Venkys but the unlisted parent company Venkateshwara Hatcheries Pvt Limited.SKM promoters are also one of the largest animal feed manufacturers in India and have good relations with the farmers. SKM Egg is the largest exporter of value added Egg Powder making 65% of India's exports of Egg Powder.India is also cost competitive and one of the lowest cost producers.SKM Egg has its own farm rearing 1.5 million birds.SKM Egg has also started Feed manufacturing (new segment) to control all inputs which is required to meet the high standards for Euro and Japanese markets.SKM Egg seems to be fairly valued right now due to its debt.Considering its ROCE is above 20% and high value added product for developed markets.What really makes SKM worthwhile investment is their product Egg Powder.One must remember that this is a long term play.At 6 bucks one has hardly anything to loose.
Source:Whatsup-Indian.
cmp:6
Code:532143
Story:SKM is a listed entity in Egg Powder business which is a good margin business.Venky's promoters also have Egg Powder business but it is not part of the listed Venkys but the unlisted parent company Venkateshwara Hatcheries Pvt Limited.SKM promoters are also one of the largest animal feed manufacturers in India and have good relations with the farmers. SKM Egg is the largest exporter of value added Egg Powder making 65% of India's exports of Egg Powder.India is also cost competitive and one of the lowest cost producers.SKM Egg has its own farm rearing 1.5 million birds.SKM Egg has also started Feed manufacturing (new segment) to control all inputs which is required to meet the high standards for Euro and Japanese markets.SKM Egg seems to be fairly valued right now due to its debt.Considering its ROCE is above 20% and high value added product for developed markets.What really makes SKM worthwhile investment is their product Egg Powder.One must remember that this is a long term play.At 6 bucks one has hardly anything to loose.
Source:Whatsup-Indian.
Dharani Finance Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Dharani Finance Ltd
cmp:5
Code:511451
Story:Dharani Finance Limited, a non-banking finance company, provides a range of financial and travel services in India. It offers foreign exchange and travellers’ cheque services. The company operates as a travel agency and tour agents; and functions as forwarding agents and freight contractors, as well as offers car rental services. It also provides logistics services, such as customs clearing forwarding, transports, warehousing internal logistics, air and sea international freight forwarding, and air and sea cargo consolidation. In addition, the company involves in sourcing and trading merchandise, including generics and hospital consumables, ceiling/table/pedestal fans, stainless steel base kerosene wick stoves, shop and house hold power generators, industrial plastics, auto spare parts and garage equipments, agarbathies, Indian handicrafts and wall handlings, cotton textile yarns, terry towels, rubber gloves, condoms, white toothpastes, and ayurvedic cosmetics.In Dharani Finance the possibility of money going to ZERO is negligible, it provides car fleet to 5 star hotel owned by a group company. It has portfolio of 4 Crore Rs in equities and 1.5 Crores cash, more than its market cap of 3 Crores, paid dividend and was unaffected by 2008-09 crash. I don't think management is interested in scaling operations just yet.Dharani Finance may have some short term potential since group company is expected to come up with a second 5 Star Hotel and car fleet requirement will double.An interesting stock to have it under your radar.
Source:Amit arora
cmp:5
Code:511451
Story:Dharani Finance Limited, a non-banking finance company, provides a range of financial and travel services in India. It offers foreign exchange and travellers’ cheque services. The company operates as a travel agency and tour agents; and functions as forwarding agents and freight contractors, as well as offers car rental services. It also provides logistics services, such as customs clearing forwarding, transports, warehousing internal logistics, air and sea international freight forwarding, and air and sea cargo consolidation. In addition, the company involves in sourcing and trading merchandise, including generics and hospital consumables, ceiling/table/pedestal fans, stainless steel base kerosene wick stoves, shop and house hold power generators, industrial plastics, auto spare parts and garage equipments, agarbathies, Indian handicrafts and wall handlings, cotton textile yarns, terry towels, rubber gloves, condoms, white toothpastes, and ayurvedic cosmetics.In Dharani Finance the possibility of money going to ZERO is negligible, it provides car fleet to 5 star hotel owned by a group company. It has portfolio of 4 Crore Rs in equities and 1.5 Crores cash, more than its market cap of 3 Crores, paid dividend and was unaffected by 2008-09 crash. I don't think management is interested in scaling operations just yet.Dharani Finance may have some short term potential since group company is expected to come up with a second 5 Star Hotel and car fleet requirement will double.An interesting stock to have it under your radar.
Source:Amit arora
Birla Power Solutions Ltd:-Buy/sell/,growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger
Scripscan:Birla Power Solutions Ltd
cmp:1
Code:517001
Story:Birla Power Solutions Limited manufactures and sells diesel and portable generators, multi purpose engine sets, pumps, inverters, power tillers, and sprayers in India.Its products also include batteries, alternate fuel based generators, and lawn movers.In addition, the company trades in electrical appliances and miscellaneous components; and engages in the wind mill power generation.It provides its products through a network of dealers under the BIRLA ECOGEN and BIRLA HARIT brand names.The company exports its products to Africa, South America, and south Asian countries. The company was formerly known as Birla Yamaha Limited and changed its name to Birla Power Solutions Limited in December 2003.Its a Yash birla group company and as we all know the page 3 personality hasnt made much money for its shareholders ever.Boring business model,lethargic management, simply nothing to boast of at all.Birla power ended fy10-11 with 7crs of profits on a nearly 300crs of sales.Why on earth would you buy this crap for 150crs marketcap?Just because its worth in pennies?Costs less than a buck?mind you its a FV1 company.Birla power would never create any money for itself or its stakeholders in near future.So what are you waiting for folks?Sell it and get over with your miseries.
cmp:1
Code:517001
Story:Birla Power Solutions Limited manufactures and sells diesel and portable generators, multi purpose engine sets, pumps, inverters, power tillers, and sprayers in India.Its products also include batteries, alternate fuel based generators, and lawn movers.In addition, the company trades in electrical appliances and miscellaneous components; and engages in the wind mill power generation.It provides its products through a network of dealers under the BIRLA ECOGEN and BIRLA HARIT brand names.The company exports its products to Africa, South America, and south Asian countries. The company was formerly known as Birla Yamaha Limited and changed its name to Birla Power Solutions Limited in December 2003.Its a Yash birla group company and as we all know the page 3 personality hasnt made much money for its shareholders ever.Boring business model,lethargic management, simply nothing to boast of at all.Birla power ended fy10-11 with 7crs of profits on a nearly 300crs of sales.Why on earth would you buy this crap for 150crs marketcap?Just because its worth in pennies?Costs less than a buck?mind you its a FV1 company.Birla power would never create any money for itself or its stakeholders in near future.So what are you waiting for folks?Sell it and get over with your miseries.
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