Saturday, October 1, 2011

ANKIT METAL AND POWER LTD. "AMPL".......Buy for long term . CMP 16.20

Ankit Metal & Power ltd is engaged in the business of iron and steel. Company has its own captive power plant, saving the company’s power cost considerably. AMPL mainly manufactures intermediate iron and steel products like sponge iron, billets, M.S. Ingots and Pellets as well as finished products tube metal temperature (TMT) bars. The company usually exports its products to Philippines, Thailand, Sri Lanka, Italy, Greece and Korea.AMPL's presence in the production of finished products like TMT Bar would append another competitive edge against its competitors. Government thrust on infrastructure creation in its 12th Five year plan (2013-17) has allocated USD 911 billion towards core infrastructure creation. This would boost the construction activity in the country which would generate demand for AMPL’s products (TMT Bar).AMPL has installed captive power plant for their DRI plant, thus reducing the power cost substantially for the company. Company has a long term coal supply contract with Coal India ltd, which ensures long term availability of coal without hindering the production of power. Apart from that, AMPL also adopting latest technology like Waste heat recovery process to reduce their dependability on coal.......Buy for long term .

Ambica Agarbathies & Aroma Industries Ltd........Multibagger in future ..buy for 3/4 yrs. CMP 7.50/-

Ambica Agarbathies and Aroma Industries Ltd is actually a conglomerate of 7 different businesses namely: Ambica is pioneer in Agarbathi business with experience of more than 55 years. It has various branded agarbathies for the local and export markets. In India it has more than 300 distributors/ dealer network in AP/TN/MP/Maharashtra/Gujarat state. Today, the SmallManufacturing unit has become a multifaceted mega firm, Has diversified its Business Potential in to hospitality industry-(3 STAR hotel) , Real Estate, wind power and Film Production.
Promoters Holding 45.5%  Corporate Bodies 20% Public only 35% .Net worth of company is around 100 crores,so operators are accumulating public shares. Soon it will burst on restructuring infra, hotel, wind power and aroma.  Book value is 17/-  good Dividend paying company. Buy for long term for a target of 33/- ++++ /.

Wednesday, September 28, 2011

UCO Bank ...CMP 65 ..Buy for long term

Founded in 1943, UCO Bank is a commercial bank and a Government of India Undertaking. Its Board of Directors consists of government representatives from the Government of India and Reserve Bank of India as well as eminent professionals like accountants, management experts, economists, businessmen, etc. Headquartered in Kolkata, the Bank has 35 Regional Offices spread all over India. Branches located in a geographical area report to the Regional Office having jurisdiction over that area. UCO Bank, with years of dedicated service to the Nation through active financial participation in all segments of the economy - Agriculture, Industry, Trade & Commerce, Service Sector, Infrastructure Sector etc., is keeping pace with the changing environment. With a countrywide network of more than 2000 service units which includes specialised and computerised branches in India and overseas, UCO Bank has marched into the 21st Century matched with dynamism and growth.Buy at CMP 65 or below , a sure shot multibagger .

Tuesday, September 27, 2011

GTL Infrastructure Ltd.............Buy for long term CMP 12.00

GTL Infrastructure Limited (GTL Infra), a Global Group enterprise, is in the business of Shared Passive Telecom Infrastructure in India. The company has a portfolio of over 32,500 towers located across India that will help bringing in connectivity at affordable prices to the poorest of poor, creating a positive impact on Indian economy. GTL Infra has a portfolio of towers serving all the major cellular operators and is associated with prestigious projects being promoted by DoT and COAI such as USO (Universal Services Obligation Fund) for rural telecom infrastructure and MOST (Mobile Operator Shared Tower). Their business model of infrastructure sharing is based on building, owning, operating and maintaining the passive telecom infrastructure sites capable of hosting multiple service providers. The model enables the operator to convert their capital expenditure to a fixed and predictable operational expenditure allowing them to divert precious capital towards core activities.