Thursday, June 16, 2011

KEW INDUSTRIES -MULTIBAGGER CMP 8.10 TGT 17/25/38++ Buy at CMP or below

STOCK  : KEW INDUSTRIES LTD .  Trading in BSE Code : 532758
CMP : 8.10/- Promoters Buying Heavily….. Increasing Stake
Target : 38/-+++ in Medium & Long terms
Equity  : 15 Cr , Face Vale : 10/- , Book Value 43/- , Huge Reserves : 49 Cr
Industry : Auto Parts & Equipment; Average PE of this Industry is 13; If we take Minimum PE 10 for KEW INDUSTRIES LTD with EPS is 3.5/- Stock will go 3.5 * 10 = 35/- ++++++++
KEW INDUSTRIES LTD Got Huge Order from Defense 80 Cr.
Its client portfolio includes Ashok Leyland Limited, Tata Motors, Punjab Tractors Limited, Indian Ordinance Factories under Ministry of Defence of India, Rail Coach Factory, Kapurthala.
KIL is anticipating global products demand and is striving to create a niche market
The company’s main Product Line are –
Automobile Components , Defence , Railways .
KEW INDUSTRIES LTD   is manufacturer and supplier of defence stores and automobile components for some renowned Original Equipment Manufacturers. Presently, it enjoys the reputation of a major manufacturer of automotive components and shell bodies for Ministry of Defence. The company has well established its name for product range in the domestic and export market. KEW INDUSTRIES LTD  manufactures components of Alloys Steels, SG Iron and Cast Iron for both domestic and export markets. The company has well-equipped Laboratory and Modern Research & Development Department certified by the Ministry of Science & Technology. The Company gets the casting and forging process outsourced to vendors. The machining is done in-house to achieve the required dimensions and shapes. The company has a list of the well-established auto players of the industry in its customer’s portfolio.  
 FII’s Eyes in this stock. If they will start buy Stock will zoom to 50/- levels
 This Stock is not Participated this Market Rally. So Operatrs and FII’;s eye’s in this stock.
 Happy Invest ……….. Good Fundamentals and will give good returns from 100% to 500% returns with short and medium terms and Long terms.

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