Archive for October, 2007

Gujarat Gas Company Ltd. Oct 29 2007

Industry        Chemical - Others
Exchange     BSE     Group     A
Current     339.0500     Prev Close     306.3000
Change     32.75     Change %     10.69
Todays Hi     344.00     Todays Low     313.00
52 Week Hi     1550.00     52 Week Low     266.00
P/E Ratio     4.50     EPS     75.40
Volume     115320     Face Value […]

Siemens Ltd. Oct 29 2007

Industry        Electric Equipment
Exchange     BSE     Group     A
Current     1935.4000     Prev Close     1725.4000
Change     210     Change %     12.17
Todays Hi     1963.00     Todays Low     1730.55
52 Week Hi     1905.20     52 Week Low     968.00
P/E Ratio     93.45     EPS     20.71
Volume     166557     Face Value     […]

M R F Ltd. Oct 29 2007

Industry        Tyres & Tubes
Exchange     BSE     Group     A
Current     6748.6500     Prev Close     5623.9000
Change     1124.75     Change %     20.00
Todays Hi     6748.65     Todays Low     5751.00
52 Week Hi     5590.00     52 Week Low     3100.00
P/E Ratio     61.05     EPS     110.54
Volume     40801     Face Value […]

Indian Sensex crosses 20,000 mark

The Sensex, which moved past the 19,000 mark in intra-day trades on 15 October 2007, has hit a new peak past the coveted 20,000 mark this afternoon.
The Sensex, which took just five sessions to vault from 18,000 to 19,000 but has taken a comparatively longer period for its next 1,000 point jump. However, considering […]

ONGC Stock Buy Call

Buy ONGC at the current market price of Rs1,223.0 with the stop loss of Rs1,144.4 for the target of Rs1,324.0 and Rs1,418.0. The stock is moving out of a triangular consolida-
tion.

Unichem Laboratories Stock Buy Call

Price target: Rs300
Current market price: Rs200
Result highlights

For Q2FY2008 Unichem Laboratories (Unichem) has reported a sales growth of 2.6% to Rs153.1 crore, which is lower than our expectation of Rs160 crore. The growth was subdued largely due to a 3% year-on-year (y-o-y) decline in the company’s exports on account of the […]

3i Infotech Stock Buy Call

Price target: Rs180
Current market price: Rs140
Result highlights

For Q2FY2008 3i Infotech has reported a revenue growth of 6.8% quarter on quarter (qoq) and 91.6% year on year (yoy) to Rs277.9 crore, which is lower than our expectations of Rs283.7 crore. The flattish revenue growth in the recently acquired entity, Rhyme […]

Orient Paper and Industries Stock Buy Call

Price target: Rs800
Current market price: Rs634
Result highlights

Backed by healthy realisations in cement and paper divisions, the top line of Orient Paper and Industries grew by a robust 32% year on year (yoy) to Rs302.5 crore.

On account of higher realisations, the paper division’s margin jumped to 16% against 5% in the […]

Sun Pharmaceutical Industries Stock Buy Call

Recommendation: Buy
Price target: Rs1,287
Current market price: Rs1,042
Result highlights

Sun Pharma reported a strong top line growth of 24.6% year on year (yoy) in Q2FY2008 to Rs667.9 crore. The top line was significantly higher than our estimate of Rs632 crore. The strong growth was driven by an increase of 26.3% in its […]

Marico Stock Buy Call

Price target: Rs70
Current market price: Rs63
Oil on the boil
Result highlights

The Q2FY2008 results of Marico were as per our expectations. In Q2FY2008, the net revenues of the company grew by 22.7% year on year (yoy) to Rs463.8 crore. The growth was driven by a 16% organic growth and a 7% inorganic […]