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Rajesh K

Rajesh K

Joining Date: 30 May , 2009
Last Login: 11:12 AM - 09 Mar , 2011
Profile Verified by Mobile.

Reply for: Earn upto Rs. 9,000 pm with PaisaLive.com

Rajesh K at 06:39 PM - Jan 25, 2011 ( )

hi guys check the above link and try

Reply for: Asahi Infrastructure & Projects Ltd

Rajesh K at 10:34 AM - Nov 25, 2010 ( )

sorry guys typing mistake  long term target 100% medium term 50%

New Thread: Asahi Infrastructure & Projects Ltd

Rajesh K at 10:16 AM - Nov 25, 2010 ( )

CMP - 11.03
Face Value: 10
MarketCap (Rs cr) : 388
P/E : 1.04
EPS : 9.89
52-Week High (Rs) : 21.00 (27 Apr 10)
52-Week Low (Rs) : 8.60 (10 Feb 10)
(Rs cr) Sep 2010 Sep 2009 YOY
Operating Income 217.41 14.41 1,408.74
Total Expenses 204.09 14.31 1,326.21
Operating Profit 13.32 0.10 13,220.00
Other Income 0.00 0.00 0.00
PBDIT 13.32 0.10 13,220.00
PBT 13.28 0.05 26,460.00
Adjusted Net Profit 13.28 0.05 26,460.00
Promoters 3.71 %
Mutual Funds / UTI 0.00 %
FI/Bank 0.00 %
Insurance 0.00 %
Others 0.00 %
Govt 0.00 %
FII 4.80 %
Non-Institutions 91.49 %
Depository Receipts 0.00 %
Total 100.00 %

Reply for: INVESTMENT CALL

Rajesh K at 02:24 PM - Nov 09, 2010 ( )

HI FRIENDS
 SEVERAL TIMES I GIVEN SCRIP ADVISE FOR AVON CORPORATION TODAY IT TOUCHED 7.01 . 20% UP FROM MY LAST CALL DATED SEPT 09.2010.
 LAST MONTH DIVIDEND ALSO RECEIVED .30   ENJOY MY CALLS

Reply for: Rajapalayam Mills Ltd

Rajesh K at 10:34 PM - Nov 05, 2010 ( )

TODAY TOUCHED IN BSE 645 AND NSE 658

MY FIRST TARGET ACHIEVED

New Thread: MIC ELECTRONICS

Rajesh K at 01:54 PM - Nov 05, 2010 ( )

MIC ELECTRONICS - RISK LOVERS CAN ENTER

 
CMP:39.40

SHOR TO MEDIUM TERM TARGET 20% UP

THERE IS INISIDE NEWS 51% STAKE BUY IN BANGALORE BASED COMPANY

New Thread: Rajapalayam Mills Ltd

Rajesh K at 01:52 PM - Nov 05, 2010 ( )

Rajapalayam Mills Ltd

 
Code: 532503
Code: RAJPALAYAM
Face Value: 10
CMP -627.75
BUY ON DIPS
BEST BUY - 600
SHORT TO MEDIUM TARGET - 645 - 700 -725-750

Reply for: Indian Metals & Ferro Alloys Ltd

Rajesh K at 10:59 AM - Nov 03, 2010 ( )

 call given at 707 today touched days high 825  in 36 days 17%up

enjoy my calls

Reply for: INVESTMENT CALL - PART -2

Rajesh K at 12:10 PM - Nov 01, 2010 ( )

BUY MIC ELECTRONICS  FOR ONE MONTH TARGET 20% UPSIDE

THERE IS A NEWS GOING ON THIS COMPANY WANT TO BUY BANGALORE BASED COMPANY.

RISK LOVERS CAN ENTRER NOW

Reply for: INVESTMENT CALL - PART -2

Rajesh K at 10:05 PM - Oct 21, 2010 ( )

sorry guys i didnt watch zee business. but i know this  excellent stock for long term. enjoy my calls.
rajesh.K

New Thread: INVESTMENT CALL - PART -2

Rajesh K at 03:00 PM - Oct 17, 2010 ( )

VST Tillers Tractors Ltd - 60% UPSIDE POTENTIAL

 

EXCELELNT BUY WITH ONE YEAR TARGET
 
VST Tillers Tractors Ltd
Code: 531266
Face Value: 10
MarketCap (Rs cr):459
P/E :10.82
EPS :49.13
52-Week High (Rs) :619.50 (06 Sep 10)
52-Week Low (Rs):260.80 (25 Feb 10)
 

Industry: Automobiles - Tractors

CMP- 532

TARGET - 850

UPSIDE POTENTIAL -60%

Shareholding Pattern

Promoters
54.78 %
Mutual Funds / UTI
3.47 %
FI/Bank
0.05 %
Insurance
0.00 %
Others
0.00 %
Govt
0.00 %
FII
2.29 %
Non-Institutions
39.40 %
Depository Receipts
0.00 %
Total
100.00 %
 
 

Key Financials

(Rs cr)
Jun 2010
Jun 2009
YOY
Operating Income
93.33
79.89
16.82
Total Expenses
77.85
64.75
20.23
Operating Profit
15.48
15.14
2.25
Other Income
0.76
0.83
-8.43
PBDIT
16.24
15.97
1.69
PBT
15.52
15.12
2.65
Adjusted Net Profit
9.84
9.69
1.55
 
 

Funds Owning this Stock

Scheme Name
Value (Rs cr)
14.84
0.69
0.47
0.06
0.04
 
 
Background
 
V.S.T Tillers Tractors Ltd (VTTL) was incorporated in the year 1967 in Bangalore, India. It was promoted by the V.S.T Group, a well known business house in South India, in technical collaboration and joint venture with Mitsubishi Heavy Industries and Mitsubishi Corporation, Japan for the manufacture of Power Tillers and Diesel Engines. The plant went into production in the year 1970.
In 1984, an additional technical and financial collaboration with Mitsubishi Agricultural Machinery Company Ltd, Japan for the manufacture of 18.5 HP, 4 wheel drive Tractor was entered into.
The manufacturing plant is located in Whitefield Industrial area near Bangalore. It has 75,000 Sq. mtrs. of land and a built up area of 15,000 Sq. mtrs (approx). The Manufacturing capacity of the company, presently is 25,000 Power Tillers, 32,000 Engines and 5000 Tractors. This capacity can be enhanced upto 30% within a period of 6 to 8 months.
VTTL has in-house Design and Development section for upgrading the level of technology in line with current requirements. It also upgrades existing products and develops new products demanded by market from time to time. VTTL has ISO-9001 certification for Quality Management System since January 1998. VTTL follows ISO 9001-2008 Quality System requirements to satisfy all customer needs.
The main products of the Company namely Power Tillers and Tractors are used in the agricultural sector all over the India. Power Tillers and Tractors are exported to whole of Africa. The Tractors are also exported to Middle East, Russia and Turkey. The component parts are exported to Europe, Korea and Thailand.
The Company has a nation-wide network of Dealers supported by Sales and Service. This is supported by supply of spare parts, provision of service tools and equipments, making available service information through technical literature, instruction manuals etc., and imparting training to Dealers’ personnel as well as end users namely the farmers, are some of the effective steps taken by the Company towards customer satisfaction.




Incorporated in the late 1960s, VST Tillers Tractors was promoted as a joint venture by V T Velu and V T Krishnamoorthy with Mitsubishi Heavy Industries. It is engaged in the manufacture of power tillers, tractors and diesel engines.The company came out with a rights issue in 1994 of equity shares and convertible debentures in 1995 to finance its expansion. The company proposes to introduce rice transplanters in the market. The first batch has been imported for test marketing in selected areas. This novel device mechanises the highly labour-intensive and seasonal operations of paddy transplantation. To retain market leadership, it has decided to import higher horse power and technologically advanced power tillers and introduce the same in selective markets. The company has recently ventured to introduce Combine Harvestors at an affordable price to the agricultural sector. VST Tillers is the first company to introduce higher horsepower direct injection technology in India. Through in-house research, the company has completed the certification of 12/13 HP direct injection for VST 130D1 power tiller and introduced 19 HP engine for the Arai, Pune and TUV Germany approved export model MT-180D tractor. To meet challenges of the changing market scenario, VST Tillers set up a export oriented unit, in joint venture with Kinsho Mataichi, Japan, under the name of VST Precision Components. During 2000 the company has taken pioneering efforts in introducing Paddy Transplanter in Indian Agriculture and it has been tested by Several States and the company is also promoting this product to increase the yield and productivity of paddy. The Company is also planning to introduce medium range tractor with fuel efficient low emission K4C Engine and Two moduesl of Power Tillers to add to product variety during 2001. During 2002-03 VST Precision Components Ltd was amalgamed with the company following the approval from shareholders of both the companies. To benefit the logistical advantages the company had set up a Power Tiller assembly Plant a Hosur in 2003.
 
 
Products

 Products & Services

Product Name
Unit
% of Stock
% Cap. Util.
Inst. Prod. Cap
Prodn
Sales Qty
Sales (Cr.)
Sales (Rs.) / Unit
Power Tillers
No
61.5
100.0
13,000
18,617
19,068
212.00
111,181.04
Tractors
No
23.5
100.0
0
3,752
3,758
81.11
215,832.89
Others
NA
9.1
0.0
0
0
0
31.44
-
Rice Transplanters
No
3.7
0.0
0
0
858
12.66
147,552.45
Precision Components
No
1.8
100.0
216,000
119,582
43,418
6.36
1,464.83
Engines-Diesel
No
0.3
100.0
3,000
294
269
0.97
36,059.48
Excise duty recovered
NA
0.1
0.0
0
0
0
0.33
-
Adjustments
NA
0.0
0.0
0
0
0
0.00
-
Engines-Multi Cylinder
No
0.0
0.0
0
0
0
0.00
-
Harvester Combines
No
0.0
0.0
0
0
0
0.00
-
Crank Shafts
No
0.0
0.0
0
0
0
0.00
-
Connecting Rods
No
0.0
0.0
0
0
0
0.00
 
 
 
 
 
 
 
 
 

Monthly Share Prices

Year
High(Rs.)
Low(Rs.)
Close(Rs.)
P/E High
P/E Low
P/E Close
Mkt Cap.
(Rs. in Cr.)
Sep-10
619.50
471.50
546.00
12.75
9.29
11.13
471.74
Aug-10
556.00
450.05
461.60
11.77
8.94
9.41
398.82
Jul-10
589.90
461.00
504.80
12.52
9.31
10.29
436.15
Jun-10
490.00
358.05
462.25
10.92
7.25
9.42
399.38
May-10
367.40
300.75
364.35
7.55
6.08
7.42
314.80
Apr-10
362.00
297.00
338.70
7.55
5.83
6.90
292.64
Mar-10
314.95
277.50
304.65
6.90
5.13
6.21
263.22
Feb-10
358.67
260.80
275.55
11.36
7.65
8.20
238.08
Jan-10
383.34
311.33
329.73
11.60
8.75
9.81
284.89
Share Prices Of 2009
Dec-09
386.67
286.73
344.47
12.91
8.34
10.25
297.62
Nov-09
298.53
266.67
293.53
9.04
7.67
8.73
253.61
Oct-09
311.33
257.33
283.33
9.39
7.41
8.43
244.80
Sep-09
283.33
245.33
270.03
8.79
7.21
8.03
233.31
Aug-09
308.10
226.67
246.97
9.77
6.68
7.35
213.38
Jul-09
311.33
179.33
277.73
10.38
4.95
8.26
239.96
Jun-09
189.60
146.67
179.93
5.81
4.16
5.35
155.46
May-09
166.00
94.67
150.80
5.44
2.73
4.49
130.29
Apr-09
103.33
85.00
93.93
3.31
2.48
2.79
81.16
Mar-09
91.03
68.37
86.67
2.73
1.78
2.58
74.88
Feb-09
97.67
68.17
80.70
6.33
3.37
4.86
69.72
Jan-09
78.27
60.20
74.67
4.87
3.15
4.50
64.51
Share Prices Of 2008

Reply for: NOIDA MEDICARE CENTRE LTD (BSE CODE : 523670) AT 34/-

Rajesh K at 01:37 PM - Oct 07, 2010 ( )

THIS CALL IS CLOSED.

Reply for: NOIDA MEDICARE CENTRE LTD (BSE CODE : 523670) AT 34/-

Rajesh K at 11:17 AM - Oct 07, 2010 ( )

GUYS BETTER TO AVOID THE SCIRP. AS I TOLD U THIS IS PURELY OPERATES CALL

Reply for: NOIDA MEDICARE CENTRE LTD (BSE CODE : 523670) AT 34/-

Rajesh K at 10:54 AM - Oct 07, 2010 ( )

NOW 35.80  DAYS HIGH 36.40

Reply for: NOIDA MEDICARE CENTRE LTD (BSE CODE : 523670) AT 34/-

Rajesh K at 09:10 AM - Oct 07, 2010 ( )

THIS IS BORROWED IDEA ONLY.  I AM WATCHING HIS CALLS REALLY DOING GOOD . SO HERE I AM GIVING HIS CALL  WITHOUT HIS PERMISSION.   IF ANYBODY GET BENEFITED CREDIT GOES TO HIM ONLY.

THANKS
RAJESH.K

New Thread: NOIDA MEDICARE CENTRE LTD (BSE CODE : 523670) AT 34/-

Rajesh K at 09:06 AM - Oct 07, 2010 ( )


OPERATAORS CALL -   HIGH RISK AND HIGH RETURNS  - WHO ARE HIGH RISK INVESTORS ONLY CAN ENTER IN THIS SCIRP

TARGET OF 45/- , 55/- & 95/-
STOCK  : NOIDA MEDICARE CENTRE LTD.  Trading in BSE CODE : 523670
CMP : 34/-  to 35/- Promoters Buying Heavily….. Increasing Stake
Target : 55/- to 95/- in Short term and Medium terms
Equity  : 14 Cr
Promoters  Holding : 39% ; Financial Institutions and Body Corporate :
39%; Public Only 23%
Face Value : 10/-
EPS : 5/-  above (As per 20010-11 June Quarter) Estimate d EPS for
Full Year above 7/- ( Expansion Income will Add).
Industry : Healthcare Services like FORTIS HEALTHCARE LTD (EPS is only
2/- Trading at 165/- PE of 75) Avarage PE of this Industry is 59; If
we take Minimum PE 25 for Noida Medicare Center Ltd with EPS is 5/-
Stock will go 5 * 25 = 125/- ++++++++
Noida Medicare Centre Ltd Having Good Land Bank and Valuable
Equipments Assets.
Noida Medicare Centre Ltd Expanding plans is very Aggressive.
Noida Medicare Centre Ltd Stock Will go 55/- to 95/- range in Short
term and Medium Term, Like SE Investment (Call Given at 175/- Now
including Bonus and Stock split 1250/-) and Bihar Tubes Ltd (Call
Given at 57/- Now 165/-).
Last Week call  Rathi Steel and Power Ltd given at 23/- reached 29.9/-
in 5 days. 35% Return in 5 day. Now also Buy Position. Target 45/-
For 2010-11 June Quarter Posted Net Income of 13.5 Cr and Net Profit
of 1.77 Cr with Equity 14 Cr. As per This EPS is 5/- Annualized But in
coming Quarters Expanding Income Income will add So Expecting EPS for
2010-11 is 7/-. Stock Trading at 34/- PE just 7 Industry PE is 59. As
per this Stock will zoom to 100/- and 150/- levels in 6 Months time.
Recently Noida Medicare Centre Ltd approved  issuance of 25,00,000
Warants at Rs. 10.00 each, for cash, at a price of Rs. 25.25 per share
(including premium of Rs. 15.25 ) allotted on preferential basis to
Promoters.
Noida Medicare Centre Ltd doing Health care Services Like Fortis
Health Care Busines. Compnay Having Valubale Equipements in Noida and
Delhi in India.
Noida Medicare Centre Ltd (Popularly known as “NMC Hospital”)
Noida Medicare Centre (NMC) Ltd. was born on 27 April 1990 with the
setting up of a 68 bedded first multi-specialty Corporate Hospital in
U. P., having the only whole body CT Scan in NOIDA at that time. It
has grown to be a 120 bedded centrally air-conditioned multi-
superspeciality Hospital comparable to the international standards.

NMC Hospital with 20 years of unparalleled experience in the medical
field, is backed by specialist doctors, physicians and consultants;
and ultramodern investigational support. It has exclusive facilities
for all major medical disciplines, including:-
Renal Transplant, Urology, Nephrology & Dialysis ,
Interventional Cardiology & Cardiothoracic Surgery,
Advanced Orthopaedics including Joint Replacement,
Medical, Surgical & Interventional Oncology,
Neurosciences & Trauma Centre,
Burns, Cosmetic & Reconstructive Surgery,
Minimally Invasive Laparoscopic Surgery,
Highly specialised Gastroenterology & Hepatology Unit,
Advanced Obst. & Gynaecology Unit with LDR facility ,
Advanced Paediatrics & Neonatal Unit,
Ultramodern Surgery-Cum-Trauma Centre,
ENT, Eye, Dental Surgery,
Advanced ICU, OT and Emergency Care,
State-of-the-art imaging & diagnostic services
NMC is the first hospital in the State of U.P. to have the distinction
of being granted official recognition in 1998, by Government of Uttar
Pradesh to carry out kidney transplantation. The Hospital has
successfully performed more than 300 renal transplants and over 15000
dialysis.
The pursuit for excellence comprises our uncompromised commitment to
provide prompt, correct, effective and responsive healthcare to all
concerned.

NMC Heart Centre (NHC)
NHC at Noida has been established with the prime objective of bringing
international standards of preventive, diagnostic and operative heart
care to Noida region. NHC is fully equipped with latest generation
digital GE Cath Lab, well equipped Operation Theatre (OT), Intensive
Coronary Care Units (ICCU) and other cardiac care support systems. The
Centre is comparable to the best heart centres of the world.

NHC is looked after by highly qualified team of cardiac surgeons,
cardiologists, who are well supported by doctors, senior residents and
paramedical staff. The cardiac team of NHC has rich and vast
experience in the field and are well versed with newer procedures like
atherectomy, rotablator, intracoronary stents, intravascular
ultrasound and balloon angioplasty.

The cardiothoracic surgery team has extensive experience in coronary
artery bypass, with mammary artery and redo bypass surgeries, valve
repair/replacement procedures, closed cardiac and thoracic operations.

NMC Imaging & Diagnostic Centre
Keeping in view the growing necessity of investigational support, NMC
in the year 1995 set-up an ultramodern imaging & diagnostic unit at
VIMHANS, Nehru Nagar, New Delhi. The Centre is fully equipped with the
state-of-the-art equipments

Rancan Gamm Knife Centre
NMC, through its sister concern (Rancan Impex (P) Ltd.) Has done proud
to the country by setting up the first Leksell Gamma Knife in a
dedicated neurosciences centre -VIMHANS at New Delhi in 1998.
The Leksell Gamma Knife is a revolutionary equipment and is considered
as GOLD STANDARD in the field of bloodless and painless neurosurgery.
The Gamma Knife is used for treatment of Arteriovenous Malformations
of the brain (AVM s), benign and malignant tumours like Meningiomas,
Acoustic Neurinomas, Pineal region tumours, Gliomas, Pituitary
Adenomas and Metastatic tumours as well as functional disorders like
Trigeminal Neuralgia, Intractable Pain, Epilepsy and Parkinson’s
Disease. It can also be used as an adjuvant therapy in the treatment
of residual and recurrent lesions left unresected by Conventional
Neurosurgery. It can be especially useful to those patients who are
not suitable for standard surgical technique due to illness or
advanced age. In many neurosurgical cases Gamma Knife Radiosurgery is
the only feasible modality.

Noida Medicare Centre Ltd having Lot Expansion Plans in Fututre. Its a
Multibagger stock. Just buy and hold 1 year will get 5 times Return
like SE Investments Ltd (This Stock I have Recommended at 175/- levels
after that reached 1200/- levels including Bonus and Split).
See Fortis Healthcare trading at 165/- levels with EPS just 2/- PE is
75. If we take minimum PE 25 for this Noida Medicare Centre Ltd with
EPS 5/- Stock will go 135/- ++++
Positive Points for this stock for Up moving:

1)  Company is in Healthcare Services Business;  company Circle people
and Operators are accumulating at current price. Because Company Stock
Good Value at 34/- Good Profit making company and Good Assets With
Small Equity 14 Cr for Health Care Business.
2)  Equity is very small at 14 Cr promoters Holding 39% Corporate and
Financials 39%
3)  Company recently going Expansion Plans for Hospitalities Business.
In future Company going to Multibagger stock.
4)  Good Profit Making Company for 20010-11 EPS 5/- Annualized and
Expecting EPS for full     year is above 7/-because Expansion income
will add next Quarters.
5)  Company having Good Land Bank and Good Assets.
6)  Company having lot of Expansion Plans in Hospitality .
7) FII’s Eyes in this stock. If they will start buy Stock will zoom to
150/- levels like SE Investment (Call Given at 175/- Now including
Bonus and Split 1250/-) and Bihar Tubes Ltd (Call Given at 57/- Now
165/-)
8) Risk Free at Current Market Price, Its very Cheap price Trading at
34/- Compare to companies Reserves, Assets and Value and Equity and
Profits and Future Plans..
9) This Stock is not Participated this Market Rally. So Operatrs and
FII’;s eye’s in this stock.

Reply for: CIPLA LTD - CODE:500087 - Code: CIPLA

Rajesh K at 10:38 PM - Oct 06, 2010 ( )

Thanks for updating Janan Pathi bhai

Reply for: INVESTMENT CALL

Rajesh K at 07:21 PM - Oct 06, 2010 ( )

TULIP TELECOM CLOSED AT 192.70  TODAYS HIGH 194.70

ENJOY MY CALLS

RAJESH.K

http://rajesh1974-rajesh.blogspot.com/

Reply for: Indian Metals & Ferro Alloys Ltd

Rajesh K at 07:18 PM - Oct 06, 2010 ( )

TODAY CLOSED 744 

ENJOY MY CALLS

RAJESH.K

http://rajesh1974-rajesh.blogspot.com/

Reply for: CIPLA LTD - CODE:500087 - Code: CIPLA

Rajesh K at 07:16 PM - Oct 06, 2010 ( )

TODAY TOUCHED  333 CLOSED AT 331.  CALL GIVEN 15 DAYS BACK WITH PERIOD OF TIME 10 DAYS TARGET   BUT FINALLY IT IS ACHIEVED.

THANKS

RAJESH.K

http://rajesh1974-rajesh.blogspot.com/

Reply for: INVESTMENT CALL

Rajesh K at 09:16 AM - Oct 06, 2010 ( )

Bliss GVS Pharma Ltd - Code: 506197 - Face Value: 1

BUY CMP - 42

TARGET -55

UPSIDE POTENTIAL - 25%

MEDIUM TO LONG TERM

Reply for: INVESTMENT CALL

Rajesh K at 05:19 PM - Oct 04, 2010 ( )

TULIP TELECOM - LONG TERM 40% UPSIDE POTENTIAL

BSE CODE: 532691
NSE CODE:TULIP
FACE VALUE: 2
CMP-190.20

SHORT TERM - 210
MEDIUM TERM - 280
LONG TERM  -265
http://rajesh1974-rajesh.blogspot.com/

Reply for: MAHINDRA SATYAM - BETTER SHORT

Rajesh K at 01:42 PM - Sep 29, 2010 ( )

okay guys this discussion closed. thanks for participation.

Reply for: MAHINDRA SATYAM - BETTER SHORT

Rajesh K at 10:51 AM - Sep 29, 2010 ( )

good analysis mr. nilkanth

Reply for: Indian Metals & Ferro Alloys Ltd

Rajesh K at 10:25 AM - Sep 29, 2010 ( )

HI FRIENDS

TOUCHED DAYS HIGH 800 IN BSE , 779.65 IN NSE AT 9.05 A.M  NOW TRADING AT 727 ENJOY GUYS

New Thread: MAHINDRA SATYAM - BETTER SHORT

Rajesh K at 09:35 PM - Sep 28, 2010 ( )



Hi friends please share your views in thsi thread abt results update

will it go up or down ?

my opinion revenue is less than last year so it goes to 80 level.


please give discussion in healthy way ony.

New Thread: Indian Metals & Ferro Alloys Ltd

Rajesh K at 09:10 PM - Sep 28, 2010 ( )

Current Price - 707

Long Term Target -1000 

 

OVERVIEW:

 

Based in the eastern State of Orissa well known for its rich natural resources, IMFA is India's largest, fully integrated producer of Ferro Alloys with 157 MVA installed furnace capacity, a 108 MW coal-based Captive Power Plant and extensive Chrome Ore mining tracts.

In October 2006, Indian Charge Chrome Ltd (ICCL; Estd: 1983) merged with IMFA to create a leader in the field of Ferro Alloys. Today, IMFA produces Ferro Chrome, Ferro Silicon, High Purity Ferro Silicon, and Ferro Silicon Magnesium for the domestic market as well as major international markets. IMFA is unique from a quality perspective in that it has multi-product & multi-location ISO 9001 certification covering the entire range of its activities.

 

Starting with a small furnace tucked away in a remote corner of Orissa, IMFA today is a major force not just in the Indian Ferro Alloys industry but, given its size and integration, in fact all over the world.

While the giant strides have been made possible by the vision and innovation of Dr Bansidhar Panda, the same spirit is coursing through IMFA with the second generation now at the helm of affairs. 

 

IMFA was promoted by Dr Bansidhar Panda, an American educated research scientist in
1960’s with modest beginning. Over a period he along with his dedicated team has taken
IMFL to become largest fully integrated Ferro Alloy Company in India. The day to day
activities are being looked after by the younger son Mr. Subhrakant Panda who is a
Managing Director of the company under the leadership of Dr. B. Panda and supported
by a team of highly qualified professionals.

 

 

MARKETS AND CUSTOMERS

 

By virtue of being a leading producer of Ferro Alloys in India, IMFA not only has a presence at most major domestic customers but also supplies to some of the most reputed names internationally.

In the domestic market customers include Steel Authority of India Ltd. (SAIL), Jindal Group, Shah Alloys and Visakhapatnam Steel Plant (VSP) among others. As far as exports are concerned the primary focus is on the Far East markets of Japan, Korea and Taiwan where there are significant logistical advantages in supplying from the Indian East Coast. Thus, IMFA regularly exports to major companies such as Aichi, Daido, Kawasaki Steel, NMI & Nippon Yakin in Japan, POSCO in South Korea and Yieh Group in Taiwan.

Today, IMFA is the largest exporter of value added Ferro Chrome in the country and also a significant supplier of Ferro Chrome to POSCO of South Korea. 

 

BUSINESS:

 

customer like POSCO of South Korea, Glencore, Aichi, Daido, Kawasaki Steel, NMI &
Nippon Yakin in Japan, and Yieh Group in Taiwan. In Indian it supplies to most of the large
players in stainless steel.
Location of the plants of IMFL has an advantage of being near to the eastern ports of
Paradip and Visakhapatnam from where it can export its finish product and import coke
required in manufacturing of Ferro alloys.

 

 

FERRO CHROME:

 

Ferro Chrome is extensively used in the manufacture of superior alloys and stainless steel. In fact, it is the addition of chromium which gives essential characteristics to steel such as resistance to heat and corrosion. It is a strong carbide forming element and as such it is an important alloying element in tool and die steels including high speed steel.

Ferro Chrome is produced by reducing Chrome Ore lumps and agglomerated fines known as briquettes in a submerged electric arc furnace by using carbonaceous reductants such as coke. The burden also comprises of fluxing material such as bauxite and quartz.

The molten Ferro Chrome along with slag is tapped at certain regular intervals from the furnace hearth and is then cast into a casting bay. After it has cooled down the cakes are crushed, sized, screened and then stored in specific lots ready for despatch.

Customers in the domestic and international markets include most of the well known names.

The normal specifications are:
Chromium (Cr) 57 - 63%
Silicon (Si) 4% max.
Carbon (C) 8% max.
Phosphorous (P) 0.03% max. 0.05% max.
Sulphur (S) 0.04% max. 0.05% max.
Size 10-100 mm 10-150 mm
90% min. 90% min.

 

FERRO SILICON:

 

Ferro Silicon is a essential element in the manufacture of steel and, in fact, is known as the 'bridesmaid of the steel industry' since it has no substitute. It is used primarily as an additive for deoxidation and also as an alloying element.

It is produced by the reduction of quartz (SiO2) in a submerged arc electric furnace using carbon as the reducing agent. The most widely used form of carbon are charcoal, coal, and coke.

Like in Ferro / Charge Chrome, the molten alloy is tapped from the furnace hearth at regular intervals and then processed for despatch to the customers who include most of the well known names.

The normal specifications are:
Silicon (Si) 70-75%
Aluminium (Al) 1.25% max.
Carbon (C) 0.15% max.
Phosphorous (P) 0.05% max.
Sulphur (S) 0.05% max.
Size 10-150mm 90% min.

 

(Bulk orders with other specifications as per customer's requirements can also be considered)

Ferro Silicon High Grade:
Silicon (Si) 74-77%
Aluminium (Al) 0.1% max.
Carbon (C) 0.05% max.
Phosphorous (P) 0.05% max.
Sulphur (S) 0.03% max.
Size 10-150 mm 90% min.

 

FERRO SILICON MAGNESIUM:

 

Ferro Silicon Magnesium is one of the most important input in the manufacturing process of Spheroidal Graphite Iron and Speciality Grey Iron casting for achieving the desired levels of nodularity and microstructure. These castings are used in Railways, Automobiles and Engineering industries.

The normal specifications are:
Silicon (Si) 43-50%
Magnesium (Mg) 4-10%
Calcium (Ca) 1-2% max.
Phosphorous (P) 1.0% max.
Misch Metal 2-5 mm 90% min
Size 10-100 mm 10-150 mm
15-25 mm 90% min.

 

 

ELECTRICITY:

 

Electricity is generated at 11 KV through two turbo alternating generator sets each of 54 MW capacity. Each turbine consists of a high pressure and a low pressure module coupled on either side of the generator through epicyclic gears. Steam required to drive the turbines is derived through a boiler plant comprising of 5 stoker fired boilers. Each boiler has a capacity of 97 tonnes/hour steam at a pressure of 68 kg/cm2 and temperature of 513° centigrade.

An incremental expansion of power generating capacity by way of a 30 MW dual-fuel power plant has been finalised next to the existing power plant at Choudwar. The unit will operate on coal / coal-washery rejects besides utilising the furnace gas from the 48 MVA ferro chrome furnace which is presently being flared. Thus, the power which will be generated will be both cost-effective as well as environment friendly. Work is currently underway and the unit is expected to be commissioned by March 2010.

IMFA has also firmed up plans to set up an additional 120 MW coal-based power plant (CPP) at Choudwar on land already available at its manufacturing complex. Financial closure has been achieved and the EPC contract has been awarded. As such, commercial operation is expected in the first quarter of 2012.

 

RISKS & CONCERNS
􀂾 Major slowdown in the global economy: Demand for Ferro Chrome is directly
linked to stainless steel and any slowdown in the global economic environment
from current level will reduce demand for stainless steel and in turn demand for
Ferro Chrome. This can put pressure on realization and profitability of IMFA.
􀂾 Change in law relating to mining in India: In recent past we have seen various
countries talking about imposing major tax on profit from mining assets. Even in
India, government may be looking to impose tax in some form to create social
security’s for people affected by mine land acquisition. Any change in law
relating to mining which increases the tax will not be favorable for IMFA.
􀂾 Foreign Exchange movement: IMFA derives around 70% of revenue from
international market and spend 6% of revenue to import coke. As such IMFA is a
substantial net exporter with revenue in dollar term. Any adverse movement in
dollar against rupee has a direct impact on earnings of IMFA.
RESULT ANALYSIS
Sales
Last year the aggregate sales of IMFA declined sharply by 40.6% mainly on account of
decline in realization of Ferro Chrome which came off by 36.5%, though the volume also
declined by 5.9%. In the current year again Ferro Chrome prices have shown upward
direction with average realization in Q1FY11 at Rs.61800 / ton. Though in Q2FY11 Ferro
chrome prices have shown some softness at around Rs.55000 / ton, we expect average
realization for Ferro Chrome at Rs.57500 in FY11. We expect Ferro Chrome volume to
again bounce back to 190000 T in FY11.
The installed capacity of Ferro Chrome increase by 40000 ton in FY10 on account of
acquiring the Ferro Alloy division of Utkal Manufacturing & Services Ltd. Earlier this
capacity in Utkal Manufacturing & Services Ltd was used by IMFA on conversion basis.
The Capacity in Ferro chrome will further increase by 40000T in FY11.
Apart from Ferro Chrome, IMFA stopped production of Ferro Silicon in last year and not
likely to start production even in current year as without captive mine, Ferro Silicon
production is unviable.

New Thread: CONCURRENT (INDIA) INFRASTRUCTURE LTD.-AVOID THIS SHARE

Rajesh K at 07:43 PM - Sep 23, 2010 ( )

Hi friends

Please avoid CONCURRENT (INDIA) INFRASTRUCTURE LTD.  Promoters seems tobe not trasparent.

New Thread: ABM KNOWLEDGE CENTER LTD - MULTI BAGGER

Rajesh K at 01:23 PM - Sep 23, 2010 ( )

Code: 531161
Face Value: 10


PE - 9.54
EPS - 8.70

1.DEBT FREE COMPANY.
2. CASH RICH COMPANY.
3. YEAR TO YEAR EXCELLENT GROWTH
4. QUARTERLY RESULTS ARE ALSO EXCELLENT.
5. THIS COMPANY MAINLY CONCENTRACTING ON E-GOVERANCE PROJECTS.
6.
Economic Times ranks ABM 10th in the list of Top 100 Fastest Growing Small (below 1000Cr.) Companies that hold the potential to make it big.


CURRENT PRICE :86

SHORT TERM TARGET - 100
MEDIUM TERM TARGET -130
LONG TERM 1 YEAR  -175  ++

ONE WHO FOLLOWING MY CALLS  BUY THIS SHARE WITHOUT HESITATION

New Thread: VLS FINANCE - RIGHT TIME TO RE -ENTRY

Rajesh K at 10:43 AM - Sep 22, 2010 ( )


Hi friends

VLS FINANCE good chance to buy at curret level 22.55. 

I recommonded this stocks two times in Investment Call thread.  It went up to first time 30 and came back to 22.50 and second time it went up to 28.50 and came back to 22.55 today.  There is a potential upside 25% in short term.  and long term it will touch rs.80.


Thanks

Rajesh.K

http://rajesh1974-rajesh.blogspot.com

New Thread: CIPLA LTD - CODE:500087 - Code: CIPLA

Rajesh K at 09:09 PM - Sep 21, 2010 ( )

CIPLA LTD - CODE:500087 - Code: CIPLA

 
TARGET - 330

PERIOD OF TIME -1 -10 DAYS

ENTRY LEVEL 319 -321

STOP LOSS - 310

New Thread: delta corp - Intrday eligble or not

Rajesh K at 11:13 AM - Sep 21, 2010 ( )

Hi guys

to do intra day delta corp elgiber or not ?

New Thread: MY STOCK PEFORMANCES

Rajesh K at 04:57 PM - Jun 29, 2010 ( )


Given a call on 28.06.2009

ELDECO HOUSING CALL AT 196.95 CLOSING PRICE 196.95  TOUCHES INTRA DAY  HIGH 206

CAN FIN HOMES LTD CALL AT 103.55 CLOSING PRICE 109.45  TOUCHES INTRA DAY  HIGH 111.50

WELSPUN INDIA  CALL AT 79.40  CLOSING PRICE 75.90   TOUCHES INTRA DAY  HIGH 82.50

New Thread: INVESTMENT CALL

Rajesh K at 06:12 PM - Jun 28, 2010 ( )

Eldeco Housing & Industries Ltd. BSE CODE:523329

Incorporated originally as Eldeco Construction Pvt Limited in 1975,the group was
founded by S K Garf a civil engineering lecturer-turned-technocrat businessman.
Since then it has been dotting the landscape of North India with various prestigious
mini cities,group housing projects,budget housing,commercial complexes and much
else. The company's construction experience has increased from 18,000 Sq.Ft to an
awesome 120 lakh Sq.Ft. The company has already completed 45 projects in
Lucknow,Kanpur,Agra and Ghaziabad with 18 more under-construction. Today
Eldeco's field of business has expanded considerably and it is now a reputed name in
each of the following areas i) Township development ii) Group Housing iii)
Commercial/Office Buildings. In 2001 the company completed and has handed four
projects,two in Agra and two in Lucknow.The Gaziabad dream project and Udyan I
Lucknow are almost completed and would be closed in the 2001-02. The three
projects which were launched during 2001 are progressing well. The Eldeco Garden
Estate in Kanpur and Eldeco Corporate Chambers are well accepted by the
customers. Eldeco's success is driven by their on time bound project
completion,building excellence,customer service and above all business ethics. The
company has won awards like Builders Excellence Award and Award for Excellence in
Construction.

Report card
Attribute Value Date
PE ratio 4.04 25/06/10
EPS (Rs) 44.63 Mar, 10
Sales (Rs crore) 18.09 Mar, 10
Face Value (Rs) 10
Net profit margin (%) 6.25 Mar, 09
Last dividend (%) 10 02/07/09
Return on average equity 17.81 Mar, 09
Quarterly results in brief (Rs crore)
Mar ' 10 Dec ' 09 Sep ' 09 Jun ' 09 Mar ' 09
Sales 18.09 11.06 10.30 8.37 35.74
Operating profit 4.28 3.38 0.50 0.83 2.15
Interest 0.35 0.31 0.23 0.18 0.59
Mar ' 10 Dec ' 09 Sep ' 09 Jun ' 09 Mar ' 09
Gross profit 5.02 3.54 1.10 1.42 3.23
EPS (Rs) 25.90 10.15 3.22 5.36 11.33

Eldeco Housing & Industries net profit rises 128.25% in the March 2010 quarter
Net profit of Eldeco Housing & Industries rose 128.25% to Rs 5.09 crore in the quarter ended
March 2010 as against Rs 2.23 crore during the previous quarter ended March 2009. Sales
declined 49.38% to Rs 18.09 crore in the quarter ended March 2010 as against Rs 35.74 crore
during the previous quarter ended March 2009.
For the full year,net profit rose 32.58% to Rs 8.83 crore in the year ended March 2010 as
against Rs 6.66 crore during the previous year ended March 2009. Sales declined 53.47% to
Rs 47.83 crore in the year ended March 2010 as against Rs 102.79 crore during the previous
year ended March 2009.
OUR PRICE TARGET ARE AS:--
1) 240 TO 250 IN 10 TO 20 DAYS
2) 350 TO 480 IN 8 TO 12 MONTHS






New Thread: INVESTMENT CALL - Bartronics India Ltd.

Rajesh K at 07:58 PM - Jun 27, 2010 ( )


CMP Rs 141.90
Target Price Rs 170.00

BSE Code 532694
NSE Code BARTRONICS
Market Cap (Rs Mn) 4783.86
52 Week High/Low 193.70/129.70
Industry IT
Face Value Rs 10.00


EPS 31.32
CEPS 45.54
Book Value 120.32
P/E 4.49
P/B 1.17


Company Snapshot
Incorporated in 1990, Bartronics, a Hyderabad based company is the leading
Automatic Identification and Data Collection (AIDC) solution provider in
India. They are also the oldest and the leading Identification technology specialist
in India. The company offers Automatic Identification and Data Capture
(AIDC) technologies, Radio-Frequency Identification (RFID), smart
cards and point of sale (POS) solutions.
Bartronics is well placed to capture the new opportunities provided by the
requirements of the industry and specific applications within an industry with
respect to the AIDC/RFID/Retail/Smart Cards related initiatives. Its knowledge
of products, technologies, implementation skills and understanding of
the market place makes it dominant player in the domestic markets, and help
it to share exclusive relationships with many of the leading vendors in the
world. The company keeps itself abreast with the latest advances of its partners
for the benefit of our customers.

Valuation
Growing market presence, healthy order book and strong management
guidance ensures good revenue visibility going forward. Further, big support
from the government under unique identification project and also
projects from Indian railways and financial inclusion projects would be
key growth drivers for the company. Excellent financial performance and
“Aapke Dwar” project are the valuable strength of the company. Further,
the stock is trading with a very low PE multiple. In the wake of such
growth, Bartronics India Ltd seems to be extremely attractive investment
opportunity.
Presently, the stock is trading at Rs 140.50 which is at 4.49 times to its
earnings and 1.17 times to its book value of Rs 120.32. Since the stock
offers good opportunity, we initiate a ‘BUY’ signal on the stock with a
target price of INR 170.00 in medium to long term investment horizon
expecting an appreciation of about 21% from the current level of INR
140.50.


New Thread: MULTI BAGGER - DELTA CORP LTD - BUY AT 35 - KEEP SOME

Rajesh K at 07:50 PM - Jun 27, 2010 ( )


Guys buy DELTA CORP LTD  but keep some patience    medium term target - 45

Investment Argument

Company promoted by Mr Jaydev Mody, former MD of Peninsula Land and still offers consultancy in real estate to peninsula. Company is mainly in to Casino Gaming business & Real Estate. It is biggest Casino player in India, located in Goa; where it operates two offshore casinos –Casino Royale & King’s Casino. Casino Royale is biggestcasino of country, operated on board [on MV Royale Flotel].

On Real Estate Side Company owns a property in Prabhadevi, Mumbai,capable of generating rentals of around Rs 25 crs per annum. But growth driver will be its JV with a subsidiary of Reliance Ind in Nairobi [Kenya], which acquired appx. 8 Lac sq. feet land for development of commercial property. JV has already developed a commercial property Delta House which is leased out.

The near term growth driver will be Casino Gaming business, where the company has plans to run existing two casinos for longer hours on daily basis. They are also looking to commission third land based casino, license for which was acquired from Advani group of Goa [Advani Hotels]. This casino license is under the name of Advani Pleasure & tours and is the only Casino License in India, with FIPB approval to attract FDI up to 49% [now FDI in Gaming is banned] and thus can attract foreign gaming companies to get stake in this business through this company.

Company is also intending to sell the Prabhadevi propertyto raise appx Rs 200 crs, which can help them in finalizing plans to acquire hotel in Goa [preferably Advani Hotels] and develop 42 delux rooms on board ship Ryale Flotel, to accommodate guests of Casino Royale.

Company plans to remain biggest player in Casino Gaming business in India and is thus continuously looking for opportunities inthis business. It is also moving in to the business of management of third party casinos,which will also generate good revenues and gives control over larger number of casinos in India.

FDI in casino business may be brought in at hefty valuations, as no other casino gaming company from India can offer the investment opportunity to overseas player willing to enter India’sfast growing casino/Gambling market. Similarly there are strategic/PE investors, looking for a stake in India’s fast growing Casino Gaming business, may also be willing to offer attractive valuations to company. [By nature many Indians are speculators/Gamblers; offering huge business opportunity]

The Nairobi property development work will be reflected in consolidated accounts [in significant way] only from FY 12onwards, so no immediate trigger may come from this overseas real estate venture.

So immediate triggers for the stock could be – 1. Sale of Prabhadevi property. 2. Acquisition of Advani Hotels. 3. FDI/ Strategic investor induction in Casino business. If any of these event happens soon, it can trigger a strong rally in stock with target of Rs 45‐50 in medium term. BUY.

New Thread: INVESTMENT CALL - VINATI ORGANICS LTD BUY AT 72 TARGET

Rajesh K at 07:41 PM - Jun 27, 2010 ( )

Company Background
Incorporated in 1989, Vinati Organics Limited (VOL) has been operating in
the chemical manufacturing industry since 1992. To remain different from
the herd, it has chosen the specialty chemicals space and focused on niche
products like Iso Butyl Benzene (IBB) and Acrylamido Tertiary Butyl Sulfonic
Acid (ATBS). Vinati Organics is world’s largest producer of IBB and NButylbenzene
(NBB). It is also second largest company in the world to
produce ATBS. Its manufacturing facilities are situated at Mahad and Lote
Parshuram for IBB and ATBs respectively. The company exports these
products to USA, Europe, Asia, Middle East and China.
Investment Rationale
Leader in the segments present:
VOL is a market leader in IBB with over 65% of global market share with
manufacturing capacity of 14,000 mtpa at Mahad. It is also the 2nd largest
in terms of capacity of ATBS with 10000 mtpa. Oligopoly in ATBS segment
enables it to pass on incremental cost and maintain margins.
Backward integration will increase margins
IB is used to manufacture ATBS. VOL is setting up a 12,000 mtpa plant for
manufacturing IB which is expected to be operational by June 2010. With
backward integration into IB ATBS margins are expected to improve. The
cost savings based only on freight and captive consumption of IB could be
to the tune of Rs. 8 cr.
Technology
The company is into niche products those offer technological edge and cost
competitiveness and gives it a strategic advantage. The IBB plant at Mahad
is installed in technical collaboration with IFP, France. The ATBS plant at
Lote is installed with the aid of NCL, Pune. Being at the advantageous
position technologically, the company has created high entry barriers for
competitors.
Valuation and Recommendation
We believe strong revenue growth, niche segment approach, leadership in
the segments present, earnings visibility makes VOL attractive at current
valuations. At CMP of Rs 72 the stock is trading at P/E of 6.9x and 5.8x of
FY11E and FY12E EPS respectively. We initiate coverage with “BUY” rating
and price target of Rs 100 (10x FY11E), potential upside of 43% from
current levels.

No direct competitor
VOL is making their presence into specialty chemicals where there is less
competition globally, technology is not easily available and large players
would keep away from such products due to small global size of the products.
It is the Indian player in these segments and have made impressive progress
also.
Quality
VOL has achieved a purity level of 99.8% for IBB against the international
standards of 99.5% by adopting the latest and most sophisticated technology
and backed up by well equipped in-house R&D center.
As Isobutylbenzene is mainly consumed by Pharmaceutical industry the
Company’s main thrust is on production under hygienic and safe conditions.
VOL is the preferred source for some of the largest chemical manufacturing
companies which use ATBS. The technology used, enables the Company to
recover, purify and resell the waste generated from the manufacturing
process of ATBS.
Risks
Volatility in crude oil prices
Crude oil derivatives such as toluene are used as raw materials for
manufacturing IBB and ATBS. So volatile oil prices affect the business
adversely. Due to time lag in passing on the increased cost to customers and
fixed price orders, bottom-line might get affected.
Saturated demand for IBB
IBB is mainly used for manufacturing Ibuprofen. Ibuprofen being a matured
product impacts the expansion of IBB, whose growth is subdued. The demand
for IBB is 20,000 mtpa globally growing at 3-5% pa.
Foreign Currency Risk
Key markets of VOL are USA, China, Middle East and European countries. 70-
75% of the revenue comes from exports. Given the nature of business, a large
proportion of the costs are denominated in Indian rupees (INR) leading to
currency exposure. This gets partially offset as company imports its raw
materials in the same currency.
Threads by Rajesh K
TitleDate
Asahi Infrastructure & Projects Ltd [2 ] Learning Section 25 Nov, 2010
MIC ELECTRONICS [1 ] Learning Section 05 Nov, 2010
Rajapalayam Mills Ltd [3 ] Learning Section 05 Nov, 2010
INVESTMENT CALL - PART -2 [8 ] Learning Section 17 Oct, 2010
NOIDA MEDICARE CENTRE LTD (BSE CODE : 523670) AT 34/- [6 ] Learning Section 07 Oct, 2010
MAHINDRA SATYAM - BETTER SHORT [11 ] Learning Section 28 Sep, 2010
Indian Metals & Ferro Alloys Ltd [4 ] Learning Section 28 Sep, 2010
CONCURRENT (INDIA) INFRASTRUCTURE LTD.-AVOID THIS SHARE [4 ] Learning Section 23 Sep, 2010
ABM KNOWLEDGE CENTER LTD - MULTI BAGGER [7 ] Learning Section 23 Sep, 2010
VLS FINANCE - RIGHT TIME TO RE -ENTRY [6 ] Technical Calls 22 Sep, 2010
CIPLA LTD - CODE:500087 - Code: CIPLA [5 ] Technical Calls 21 Sep, 2010
delta corp - Intrday eligble or not [2 ] Learning Section 21 Sep, 2010
MY STOCK PEFORMANCES [12 ] Learning Section 29 Jun, 2010
INVESTMENT CALL [94 ] Learning Section 28 Jun, 2010
INVESTMENT CALL - Bartronics India Ltd. [2 ] Learning Section 27 Jun, 2010
MULTI BAGGER - DELTA CORP LTD - BUY AT 35 - KEEP SOME [8 ] Learning Section 27 Jun, 2010
INVESTMENT CALL - VINATI ORGANICS LTD BUY AT 72 TARGET [4 ] Learning Section 27 Jun, 2010
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