Voltas, Tata Group stock which was trading at 250 levels in Jan 2008 has corrected almost 80-85% and currently trading at 45.
Investor with the long term view can invest in this stock for a target 200+ in year or two.
Our picks stocks for investment in 2009 has given 14% returns on investment of Rs.10 Lacs in just 8 days, However the benchmark index gave only 9%. returns.
This bunch of stocks which was picked on 26-12-2008 with investment view has already given great returns. The Nifty stood on that day 2857.25 and closed at 3112 on 6-Jan-2009 there buy generating returns of 9%
Alstom Projects which was recommended on that day to invest at 223.9 has closed at 275 there by give 23% returns. All nine stock which were picked gave more the 10% returns.
Investors who have bought these shares can hold for some time as current market trend showing strength.
Voltas Ltd, and TATA group company is an air-conditioning and engineering solutions provider. While the company’s primary business is providing comfort air-conditioning requirements for homes and offices, malls, airports homes and multiplexes, it also operates in areas which require monitoring of temperature, humidity, or treatment of air. The users in this segment include steel and power plants, petrochemicals facilities and laboratories. The company is also into manufacturing of material handling equipment and provides agency services for selling textile machines and construction and mining equipment. This diversification should provide cushion for the company against any slowdown in any one segment.
The company’s main strengths lie principally in area of, the design and manufacturing of industrial equipments, and management and execution of air conditioning and public work projects. In it’s engineering division the company caters products and services to the Textile industries and mining & construction equipments,
The Company in its results for Q2 FY2009 ahs reported Sales / Income from Operations an increase by 29% to Rs.931 crores, as against Rs.722 crores in the same period last year. Operating Profit has increased by 28% to Rs.89 crores as against Rs.69 crores in the same period last year. Profit after Tax increased by 16% to Rs.62 crores, as compared to Rs.53 crores in the same period last year.
The Company’s Electro-mechanical Projects and Services segment’s revenues grew by 40%. The Order Book of this segment stands at Rs.5575 crores, registering a  growth of 107%.
The Engineering Products and Services segment’s revenues grew by 21%, despite a slow down in demand for capital equipment. Mining & Construction Equipment business achieved 40% growth in sales, over the corresponding period, last year.
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The company share price which has fallen more than Rs. 200 from its 52week high of Rs. 261 to current market price of 61 is currently trading at attractive PEÂ compare to its pears. And the stock which has been recommended by most of the stock brokers and fundamental analysts if good pick at these level and can scale to higher levels in a years time.
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Punj Lloyd Ltd is a diversified in Engineering & Construction services in Oil & Gas, Infrastructure and Petrochemicals, and with interests in Defense, Aviation, Marine and Upstream sectors. The company known for its capabilities in finishing the mega project on time
The company has done projects across the world, the Group continues to provide integrated design, engineering, procurement, and construction and project management services for the energy, infrastructure and petrochemical sectors. From pipelines, tanks and terminals to refineries, power plants to renewable, airports, rail transit systems to expressways, the Group can offer EPC solutions across a wide spectrum of businesses.
The company has recently singed MOU with Thorium Power Ltd, The MOU establishes a framework to explore and identify the strengths of Thorium Power in areas of the deployment of Thorium Power’s nuclear fuel designs in India, Southeast Asia and other territories; to expand consulting activities for the development of nuclear power generation regionally and worldwide; and to pursue the establishment of a joint venture between Thorium Power and Punj Lloyd to best capitalize on the emerging nuclear renaissance.Â
In the Q2 FY2009 company got more orders for leading companies like, Qatar petrochemical, GVK Power. The company also won it’s first drilling contract in Libya. The company’s order book stood at more than 21000 crore at end Q2. As per the company statement the 28% of order book is from South Asia and 26% from Middle East, 37% form south East Asia and Asia pacific.
The company announced following numbers in its Sep 2008 (Q2) quarter.
Total revenue of the company have gone up by 53% to Rs2954 crore. The net profit after tax of the company has shown increase of 60% to Rs. 144 crore. The EPS of the company stood Rs. 4.94 for Q2 FY2009 and Rs 8.44 for half year. Also the EBITA of the company has been showing consistent growth to the tune of above 75%.
The company has been trading in the range of 120-140-170 and at current market price the company is trading at around 11 times of last yeas EPS of 12.65 and the company has already reported 8.44 for first two quarter. The stock price of the company had heavy correction along with the entire market, looks good the current market price.
On Technical charts the company made its 52 week High of Rs 656 and low of 127.40, if showing consolidation formation and trading in the range of 130-180 range the stock huge support at 140 levels, Rs 140 has been acting as support when the stock is trading above 140 and as resistance when the stock is trading below 140. In my view the stock may reach 250-300 range in year’s time. Investors with long term view can invest in this stock.
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ROLTA INDIA One of India’s leading engineering and IT companies announced the acquisition of Piocon Technologies, Inc. of Chicago, II, USA. Through this strategic move, Rolta India has acquired a unique template-based solution that addresses critical operational needs of refineries in the Oil & Gas sector. This solution is field proven, and has been deployed successfully in multiple refining facilities of one of the world’s largest oil companies.
The Piocon solution is based on the Institute of Nuclear Power Operations (INPO) AP-913 standard, which was originally developed to ensure equipment reliability within the nuclear power industry, but is now widely accepted by other process industries. Therefore, this solution is eminently suited to be extended beyond refinery operations to up-stream and down stream operations in Oil & Gas, and to other industry segments like petrochemicals, mining, power, and especially highly regulated sectors like pharmaceuticals and nuclear power.
The Piocon acquisition is a part of Rolta’s systematic growth plans to provide configurable solutions that address the real challenges faced by industry today.
Based on the above news the stock saw up move today, with India and US singing nuclear deal and company getting its self ready to face the new challenges one can consider investment in the company with long term view.
Year 2008 has been not so good for the Indian stock markets, as the Nifty has lost nearly 53% in year’s time. The fall in prices has sharp and volatile and many large caps and other stocks have seen heavy selling and lost most of their gain achieved in last few years.
Some of the stocks lost to the extent of more than 90% and have become best buys, but one need to excises great degree of study before making investments in these companies.
There are some good companies which have lost quite a bit and have become good buys at current market prices.
These stocks have been picked based on technical analysis and can be invested only with long term view. Investor with 1-2 year holding period can buy these stocks for good returns.
portfolio of 9 best stocks with 10 lakhs investment for referance. Â
| Company | CMP | Qty | Value | Weightage | Target | Returns | 52W High | 52W Low |
|---|---|---|---|---|---|---|---|---|
| BANK OF INDIA | 279.05 | 500 | 139525 | 14% | 400 | 76% | 465 | 189.35 |
| MARUTI | 510.2 | 250 | 127550 | 13% | 750 | 150% | 1055 | 433 |
| PUNJ LLYOD | 142.1 | 800 | 113680 | 11% | 325 | 115% | 656 | 127.4 |
| VOLTAS | 53.25 | 2000 | 106500 | 11% | 115 | 39% | 261 | 43.1 |
| CAIRN | 159.7 | 650 | 103805 | 10% | 300 | 88% | 342.7 | 88.2 |
| TATA CHEM | 157.7 | 650 | 102505 | 10% | 250 | 58% | 440.45 | 118 |
| TORRENT PHARMA | 126.85 | 800 | 101480 | 10% | 200 | 46% | 219.9 | 110.3 |
| IVRCL INFRA | 144 | 700 | 100800 | 10% | 350 | 129% | 627 | 57 |
| ALSTOM PROJ | 223.9 | 450 | 100755 | 10% | 460 | 148% | 1089 | 192 |
| CASH BALANCE | 3400 |
CMP As on 26-12-2008
As current markets are showing some kind of weakness and volatility so one has to understand even these stocks may see some downside from current levels. But in long term these stocks will see good upside.
Cairn
The company which has the production sharing contract with ONGC for this oil field in which the cairn hold 70%
The companies share price has trading between 130-170 in recent times, the market analyst feel the stock is good long term buy.
Though the fall crude oil price may act as dampener in the share price movement and the analyst feel the stock can touch 300-320 levels in long term.
Investor with the long term can buy the stock for handsome returns
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