Sunday, April 8, 2012

CLARIS LIFESCIENCES - RE-RATING ON CARDS ?



We have discussed about CLARIS LIFE SCIENCES earlier and mentioned that the history of its promoters ( related with Core Healthcare issue )as one of the big negative factor.During the last one year some positives happened for Claris. First one is the approval of the Medicines and Healthcare Product Regulatory Agency (MHRA-UK) which enables the company to relaunch its Bag Products in European Union. EU is the second largest market for injectable products.Its Ahmadabad facility is also expecting positive outcome from the recent inspection of USFDA.Both these approvals will help the company to improve its sales.Another factor is the possibility of a re-rating in Parenteral manufacturers after the acquisition of Ahlcon Parenterals by the German healthcare products major B Braun at a valuation of Rs.331 Cr which is at 23x its trailing EBITDA and over 57x its trailing net profit.Third point is the recent entry of some institutional investors and individual investors with repute ,in this company.Morgan Stanley recently bought 5 lac shares of Claris @ Rs.155.50/- and Shivanand Shankar Manekar bought 7 lac shares@Rs.140/-. If there is no negative surprise from recent  USFDA authoritie's visit  and good standard of corporate governance by the company may help it to re-rate in medium to long term .CMP is Rs.158/-

For old posting on this company,Click HERE

29 comments :

  1. please specify how is krebs.

    ReplyDelete
  2. How is Dynemic Product for long term?

    ReplyDelete
  3. Dear ValuePick,

    Kudos to you. You have excellent depth of knowledge on Indian equity market. And it's very nice of you to share such knowledge with the general public.

    I have one doubt though! You make so many recommendations but never talk about your capital allocation framework and how many companies do you think one can own at one time. If you can shed some light on these topics it will be great.

    Also it will be good if you have a portfolio page in the blog and list all recommendations at one place with their date and price at time of entry and exit.

    Regards
    MangoMan

    ReplyDelete
    Replies
    1. Dear Friend

      How many scrips in a portfolio depends on the conviction and risk appetite,I personally prefer less than 10 in any case.

      Delete
  4. Sir

    Thanks a lot. Could you pls advice us on Brooks Lab

    ReplyDelete
    Replies
    1. Prefer Granules India in small cap Pharma space.

      Delete
  5. Dear Sir,
    I want to add GVK Power and Sintex Industries to portfolio.
    What is your opinion for 6-12 months view at CMP? Do you track by any chance?

    Thanks in advance
    Girish

    ReplyDelete
  6. Hi Valuepick,

    What is your take on Indraprastha Gas (IGL)?
    Need your advice on this scrip ?

    Regards,
    Vikas

    ReplyDelete
    Replies
    1. Now it is a high risk high profit case.If IGL not gets some relief from higher authorities , better to consider it only around Rs.180/-

      Delete
  7. Why was Yuken India's post deleted sir?

    Chitrajit

    ReplyDelete
  8. Dear Sir,

    Thanks for your advice on Claris. I bought shares of Shakti Pumps in January @53. I'm thinking to buy more shares now @ CMP 46 to decrease my average buy price. What is your take on Shakti Pumps?

    Thanks,
    Nivedita

    ReplyDelete
  9. Sir, your view on lovable & onelife

    ReplyDelete
    Replies
    1. Lovable is a high risk one and purely on fundamental basis it is over valued.Market fancy will continue only for limited period and working performance is required thereafter to get premium valuation which lacks here.

      One life is company trading at a market cap of more than 400 cr with a turnover of just 2 Cr ,this type magic is possible only in India.

      Delete
  10. Hi Sir,

    I am a novice in equity market, slowly learning the concept and behavior of market. Want to systematically create my own portfolio of 8-10 stocks, beginning with 1-2 stocks a month.

    For this month, which 2 stocks you would advice for me to invest on a long-term perspective.

    Thanks,

    Rajiv

    ReplyDelete
    Replies
    1. Stock market is not a place to invest in a timely manner like this week,this month ..etc.Invest only when opportunities available.Expressing my views here

      Delete
  11. Thanks Valuepick......Do you find any value in any if the gas utility companies (Gujarat Gas,GSPL,Petronet LNG)?

    Regards,
    Vikas Karunakaran

    ReplyDelete
    Replies
    1. Dear Vikas
      Now I don't like to invest in Govt owned companies producing/Servicing human needs like Gas,Petro,Energy..etc. Let a strong govt with decision making power come in Centre.

      Delete
  12. Dear Value pick sir,

    It is appreciated for your suggestions which enhances the knlwledge base of normal investors with your analysis.

    i would like to know about Deewan housing, Biocon and HSIL scrips, can we buy these scrips, please suggest..

    Regards,

    M Phani.

    ReplyDelete
    Replies
    1. All the mentioned scrips are not bad

      Delete
  13. Hi Sir,

    So you track CRAVATEX LTD. It is on a mad run from 350 to 700+ , gave bonus 1:1 , back to 350 and again its trading at 790+. All this happened in just 1 year. If we consider the 1:1 bonus , its price has multiplied by 4 times.

    ReplyDelete
  14. Holding 75 hinduja ventures @ 350 from
    1 year .. Should I hold or switch to some
    other stock ... And holding nila infra @
    2 .. I have seen Rs.4.5 n again 1.7 now
    again 4

    ReplyDelete
  15. I purchased Granules India @Rs.78/- on 28th march 2012 as per your recommendations. Today it touched a new high of Rs.105/-. Thanks a ton. Which other recommendations are good as on date if one looks at your recent recommendations?

    Tony Castelino

    ReplyDelete
  16. Is is time to re-enter Claris Life.

    ReplyDelete

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