Friday, August 26, 2011

Reliance Capital .............BUY for long term CMP 342/-

Reliance Capital Limited (RCL) was incorporated in year 1986 at Ahmedabad in Gujarat as Reliance Capital & Finance Trust Limited. The name RCL came into effect from January 5, 1995. In 2002, RCL shifted its registered office to Jamnagar in Gujarat before it finally moved to Mumbai in Maharashtra, in 2006.In 2006, Reliance Capital Ventures Limited merged with RCL and with this merger the shareholder base of RCL rose from 0.15 million shareholders to 1.3 million.RCL entered the Capital Market with a maiden public issue in 1990 and in subsequent years further tapped the capital market through rights issue and public issues. The equity shares were initially listed on the Ahmedabad Stock Exchange and The Stock Exchange Mumbai. Presently the shares are listed on The Stock Exchange Mumbai and the National Stock Exchange of India.RCL in the initial years engaged itself in steady annuity yielding businesses such as leasing, bill discounting, and inter-corporate deposits. Later, in 1993 diversified its business in the areas of portfolio investment, lending against securities, custodial services, money market operations, project finance advisory services, and investment banking.
RCL was accredited a Category 1 Merchant banker by the Securities Exchange Board of India (SEBI). It had lead managed/co-managed 15 issues of an aggregate value of Rs. 400 crore and had underwritten 33 issues for an aggregate value of Rs. 550 crore. All these companies were listed on various exchanges.RCL obtained its registration as a Non-banking Finance Company (NBFC) in December 1998. In view of the regulatory requirements RCL surrendered its Merchant Banking License.RCL has since diversified its activities in the areas of asset management and mutual fund; life and general insurance; consumer finance and industrial finance; stock broking; depository services; private equity and proprietary investments; exchanges, asset reconstruction; distribution of financial products and other activities in financial services.
Reliance Capital has a net worth of Rs. 7,887 crore (US$ 2 billion) and total assets of Rs. 32,419 crore (US$ 7 billion) as on June 30, 2011. BUY for long term ........multibagger in long term ...CMP 342 .

Monday, August 22, 2011

Orbit Corporation Ltd....Buy for long term 4-5 yrs. ...CMP 36 /-

Orbit is led by the Chairman, Mr. Ravi Kiran Aggarwal and Mr. Pujit Aggarwal, MD & CEO, who share a combined experience of over two decades in real estate development. Under their dynamic leadership, Orbit Corporation has evolved as an enterprise worthy of emulation in corporate governance, financial disclosures and global best practices, and now ranks among Mumbai's top luxury home developers.The entrepreneurial spirit in the organisation can be traced to 1973 when Mr Ravi Kiran Aggarwal established a steel trading firm, soon to be followed by a venture in packaged foods. He entered the real estate sector in 1989 with the satellite township of Navi Mumbai. The year 2000 was a momentous year in the history of Orbit as it witnessed the genesis of Orbit Cybertech Limited, later rechristened, Orbit Corporation Limited, in 2006. OCL aimed to tap redevelopment opportunities in the Island city of Mumbai, specifically in the premium locales of South Mumbai.Today, Orbit has achieved exceptional growth on account of its choice of strategic unmatched locations, its understanding of housing requirements of the aspirational generation and its speedy execution of projects using state-of the-art construction practices. Being present at such sought after South Mumbai locales as Napeansea Road, Gamdevi, Prarthana Samaj, Tardeo and Lower Parel Orbit has completed four projects with a total saleable area of 253,772 Sq. Ft. Orbit also has twelve projects under development with approximately 1.84 million Sq. Ft. of saleable area, in addition to three residential projects and the upcoming gated community project in Mandwa. Orbit is also one of the top ten real estate developers listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
As Orbit crosses milestones in the journey towards fulfilling its vision – to be the most sought after organisation of the 21st century – Orbit expresses its gratitude to each individual of the 300 member strong Orbit family for their efforts and commitment to the organisation.


Jai Corp Ltd. ....Buy for long term CMP 72/-

Jai Corp was incorporated in 1985. It has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn. Apart from expansion of its plastic processing business, it is now focusing and investing in emerging opportunities like developing SEZs, infrastructure, venture capital and real estate. It is listed on Bombay Stock Exchange and National Stock Exchange.Jai Corp is focusing on developing one of the largest Special Economic Zones in India. Jai Corp has invested in 2 Multi product Special Economic Zones near Mumbai - Navi Mumbai SEZ (NMSEZ) and Mumbai SEZ (MSEZ). Both the SEZs are being conceived and developed as a futuristic business hub and gateway for trade, commerce, industry, service and tourism.Both the SEZs are strategically located in Maharashtra. Its inherent locational advantages are: close proximity to Mumbai, financial and commercial capital of India ,access to Jawaharlal Nehru Port Trust, India's largest and modern port , connectivity through existing rail links and road network ,close to new Navi Mumbai International Airport
Jai Corp is in the business of venture capital through its wholly owned subsidiary, Urban Infrastructure Venture Capital Ltd. Urban Infrastructure Venture Capital Ltd. is a Venture Capital Management Company.It is currently managing / advising two funds, Urban Infrastructure Opportunities Fund and Urban Infrastructure Real Estate Fund, with a total fund corpus of over USD 820 mn.UIVCL is the Investment Manager to the Urban Infrastructure Opportunities Fund (UIOF), a domestic Indian Venture Capital Fund. UIVCL is Indian Advisor to Urban Infrastructure Real Estate Fund (UIREF); a Mauritius based offshore fund for investing in the Indian Real Estate.......BUY .......Multibagger in Future

Website: http://www.jaicorpindia.com/





 

Indiabulls Real Estate Ltd.......BUY CMP 79

Indiabulls Real Estate Limited is India's third largest property company with development projects spread across residential projects, commercial offices, hotels, malls, and Special Economic Zones (SEZs) infrastructure development. Indiabulls Real Estate partnered with Farallon Capital Management LLC of USA to bring the first FDI into real estate. Indiabulls Real Estate is transforming 14 million sqft in 16 cities into premium quality, high-end commercial, residential and retail spaces. Indiabulls Real Estate has diversified significantly in the following business verticals within the real estate space: Real Estate Development, Project Advisory & Facilities Management: Residential, Commercial (Office and Malls) and SEZ Development. Power: Thermal and Hydro Power Generation.... Buy for long term 3-5 yrs tgt 250+++

Suzlon Energy Ltd. ........CMP 37 /- .. Multibagger in future ..buy for long term .

The seeds of Suzlon were sown by Mr. Tulsi R. Tanti's venture into the textile industry. Faced with soaring power costs and the infrequent availability of power, he looked to wind energy as an alternative. Beginning with a wind farm project in the Indian state of Gujarat in 1995, with a capacity of just 3 MW - he set forth to acquire the basic technology and varied expertise to set up Suzlon Energy Limited - India's first home-grown wind technology company. Suzlon as a group aims to provide a strong renewable energy platform thereby promising to power a greener tomorrow, today. Together with its subsidiary REpower, Suzlon has grown to be the 3rd largest wind turbine supplier in the world ensuring it builds a strong and futuristic path for the wind energy sector. From initiating a wind power project, till completion and even beyond, Suzlon ensures that nothing stands in the way of it serving its purpose. This is with the support of its key differentiators, it is the very philosophy of questioning ourselves at every step that has helped us sustain our vision....Buy for long term for multiple gains .