Archive for the 'Short Term Investments' Category

Short Term Investment – HIndalco

Hindalco has grown its net profits at an average rate of 11% over the past five years. Over the next three years, we expect profit growth to improve at an average rate of 18 ROIC is an important tool to assess a company’s potential to be a quality investment by determining how well the management [...]

Short Term Investment – Unichem Laboratories

Unichem Laboratories Ltd BSE 506690  NSE :  UNICHEMLAB Unichem is expanding quickly in the US market. Currently the company has ANDA filings of 22, with 11 approved & 7 launched. The management has guided revenues of ~USD 7mn & USD 15mn in FY12 & FY13 respectively. Further it expects to file ~1-2 ANDA’s per quarter. [...]

Short Term Investment – IRB Infrastructure

IRB Infrastructure Ltd IRB Infra reported Q2FY12 consolidated revenues of Rs 736 crore (up 5%, YoY) that is inline to our expectation, primarily increased by construction Income of Rs 528 crore (up 79%, YoY) and Toll revenue grew by Rs 238 crore (up 17%, YoY). EBIDTA grew to Rs 321.5 crore (up 36%, YoY) and [...]

Short Term Investment – ITC

ITC Ltd FMCG major ITC reported strong performance with Net sales up by 18% y-o-y to Rs 5974.2 crores, inline with our estimates on the back of strong double digit growth in Cigarette (16%),FMCG-Others(27%) & Agri (15%). Cigarette segment delivered strong revenue growth of 16% y-o-y to Rs 2968 crores driven by volume growth of [...]

bank of baroda – Short Term Investment

Bank of Baroda (BoB) is the third largest public sector bank (PSU), differentiating itself on  account of higher share of international business together with an excellent track record of consistent and qualitative growth reflected in better branch and employee productivity in comparison to its peers. Over the past few years, the bank has created a [...]

Tata Motors – Short Term Investment

TML’s consolidated revenue increased 25.8% y-o-y & 8% q-o-q to Rs 36197 crores largely driven by strong 30% y-o-y revenue growth for JLR operating profit grew at a lower rate of 15% y-o-y to Rs 4816 crores on the back of 258 bps y-o-y increase in raw material cost as a % to sales. Net [...]

Patel Engineering – Short Term Investment

Patel Engineering Company BSE  : 531120 NSE : PATELEN CMP :  Rs.91.60 PEL reported standalone revenue of Rs 613.3 crore (up 13.3%, YoY) that is above to our expectations, primarily led by pick up in projects execution at various project sites. EBITDA grew to Rs 94.8 crore (up 23%, YoY), primarily led by fall S&A [...]

Ashok Leyland – Short Term Investment

Ashok Leyland Ltd. Ashok Leyland registered a volume decline in Q1FY12 Net sales were up 14% y-o-y on account of significant improvement in Net realizations. Gross margins remained flat y-o-y & declined 149 bps q-o-q. However OPM declined marginally by 53 bps y-o-y to 10.7% on account of higher other expenses & employee cost as [...]

IRB Infra – Short Term Investment

Company Name : IRB Infra BSE : 532947 NSE Symbol : IRB IRB Infra reported Q2FY12 consolidated revenues of Rs 736 crore (up 5%, YoY) that is inline to our expectation, primarily increased by construction Income of Rs 528 crore (up 79%, YoY) and Toll revenue grew by Rs 238 crore (up 17%, YoY). Operating margin is [...]

Short Term Investment – 5 Dec 2011

Buy Union Bank of India with target price of Rs. 300 Buy Tata Consultancy Services with target of Rs.1480 Buy Mahindra and Mahindra With target price of Rs. 950 Buy L and T with the target price of Rs.1680 Buy ONGC with the target price of Rs. 330