Thursday, May 28, 2015
SAMKRG PISTONS & RINGS LTD - suggested @ Rs.163 reported Rs.1.68 Cr net profit ( Rs.3.26 Cr) in March quarter. Company's full year profit is Rs.12.3 Cr ( Rs.10.7 Cr) and EPS is Rs.12.76. Company declared a dividend of Rs.3 per share.Though its last quarter was below expectation ,on a full year basis , company's performance is satisfactory .It is one of the quality companies from this sector and expecting sector growth linked performance going forward. Stock corrected post result and currently trading around Rs.148.Still it is one decent company from auto component sector and those interested to keep some exposure in this secor can still HOLD it
HINDUSTAN TIN WORKS LTD- Suggested @ Rs.70 reported Rs.1.32 Cr net profit ( Rs.2.02 Cr) in March quarter. Company's full year profit is almost flat compared with last year as Rs.8.6 Cr ( Rs.8.4 Cr) and EPS is Rs.8.23. Company declared a dividend of Rs.1 per share.This is one company deviated mostly, from my growth expectations due to my failure to understand the business dynamics ( Metal Packaging)..Stock is currently trading around Rs.60 which implies a P/E of just 7 . Though there is not much down side risk , if interested ,may consider shifting to some other company with better growth prospects .
MOLD-TEK PACKAGING - Suggested @ Rs.78 , reported Rs.4.14 Cr net profit ( Rs.2.19 Cr) in March quarter. Company's full year profit improved from Rs.9 Cr ro Rs.16.86 Cr and EPS is Rs.14.40. Total dividend pay out for the year is Rs.4 per share .Recently company raised Rs.55 Cr by issuing shares to well known funds at a price of Rs.220 per share. Company now planning capacity expansion by starting new plants . Current price of stock is around Rs.180 .Suggesting to HOLD this stock and expecting bright future in long term
DION GLOBAL SOLUTIONS LTD -Suggested @ Rs.66 , reported Rs.21 Cr net profit ( Rs.1.44 Cr) in March quarter.Requesting to hold it at CMP Rs.130
Posted by VALUEPICK at 10:16 AM