Category: Equity Research

The Jindal group is planning to simplify the holding structure in its group companies, as a result of which we will see massive restructuring in the investment holding of all the group companies including Jindal SAW.

The exact structure of the restructuring scheme is still not known but any formal announcement on this front would be a key trigger for the stock in near future. The current market value of Jindal SAW’s investments is Rs22bn. (more…)

Sagar Cements Limited (SCL) is a Andhra based cement manufacturer in India. SCL is well on track to shed its status of a mini plant due to the huge capacity expansion planned, which could be in place before end of FY08. SCL would incur the lowest average capital cost per tonne as compared to its peers. It would incur about Rs. 1,430 per tonne on its new kiln as compared to the average capital cost of Rs. 1,600-2,300 per tonne. Private Equity player Blackstone Ventures has bought 7% stake in the company in March 2007.

SCL has a well-established network in the South, especially in Andhra Pradesh. It does its business through a wide network of 25 wholesalers and 575 dealers. (more…)

All companies have shown tremendous price performance, on absolute levels and relative to the BSE Sensex. In the Capital Goods sector, L&T topped the list, up 178% from last year, followed by Punj Lloyd, Thermax, Voltas and BHEL, all registering growth in excess of 100%. In short-term, correction in the stocks was expected and going forward expect the fundamentals for the sector to remain robust in the coming quarters. The correction is only paving the way for potential upside. (more…)

By readers demand here are some possible multi baggers. DalalStreet.Biz Analysts neither have studied not second the opinions, but this is just the grapevine that we have got from market.

ScripCode Scrip Name Curr. Price Holding Period Target Price

• 526717 GOPALA POLY 10.00 12 Month 75.00
• 532730 SGL 41.75 6 Month 166.00
• 531719 Bhagiradh Chemcials 105.75 1 Month 177.00
• 513530 Stelco 60.00 12 Month 333.00
• 507180 Kesar Enterprises 113.50 12 Month 450.00
• 511607 Sholka Info 30.40 1 Month 250.00
• Punjab Tractor 285.00 3 Month 800.00
• 524731 Jenburph Pharma 44.50 3 Month 250.00
• 500322 Panyam Cement 114.00 12 Month 700.00
• VardhmanTextiles 182.00 12 Month 750.00
• 513335 Ahmednagar Forging 241.00 3 Month 500.00
• 526481 Phoniex Int 54.00 12 Month 450.00
• IDEA CELLULAR138.00 1 Month 180.00
• 532406 Avantel Software 113.00 12 Month 400.00
• 526823 Rajeswari Foundation 31.50 3 Month 100.00
• 524129 Vinyl Chemicals 30.00 3 Month 100.00
• 532764 Gwalior Chem 98.00 6 Month 250.00
• 590033 APW 160.50 12 Month 700.00 average
• 504918 Sandur Mangenese 470.00 12 Month 2500.00
• 590059 Bihar Tubes 172.00 3 Month 500.00

These are purely speculative 🙂

Alpa Laboratories is a domestic pharma company involved in the manufacturing and marketing of formulations. Its product portfolio contains ethical drugs, OTC drugs as well as veterinary products. It is a WHO-GMP and ISO 9001:2000 Certified company with a total built up area of 1,10,000 sq.ft.

Alpa Laboratories Ltd. has entered with couple of international companies to expands its product portfolio distribution on global level. The recent of the deals is appointment of Vhermann Pharmaceuticals of Philippines as a distributor for its products already registered in Philippines. (more…)