INVESTMENT PICKS FOR MAHURAT TRADING

INVESTMENT PICKS FOR MAHURAT TRADING 

JSW ENERGY , ORCHID CHEMICALS , KFA , DELTA CORP , OMKAR SPECIALITY CHEMICALS ,RELIANCE COMMUNICATIONS , GMR INFRA , PUNJ LLOYD , UNITECH , SBI , L&T FINANCE 

One can buy the above stocks keeping  a view of 18-24 months  , for a returns of minimum 100 % ++.

WELSPUN PROJECTS - BUY CMP Rs.28/-

MSK Projects ( India ) Limited incorporated on 20 th December, 1994 , had started construction businss in the year 1976 in the name of M/s M. S. Khurana, a partnership firm. The firm was registered as a public limited company in the name of M/s MSK Projects ( India ) Limited under section 566 of The Companies Act, 1956. The company has got Certificate of Commencement of Business on 27 th January, 1995. The company entered in the field of industrial construction with prime motive of servicing reputed clients. The firm has gained various types of works such as mass housing & township, multi-storied buildings. Industrial projects for coal mines, fertilizer plants, petrochemicals, water retaining structures, and have successfully & timely executed them.

BUY between Rs./- 20 -25 with a target of  Rs.100 ++  in 3-4 Years  .

GMR INFRA -----Buy for long term 4-5 yrs CMP 21 /- Tgt 55 / 80 /++

In the next 20 to 30  years, urban population in India will grow at around 800 

million, more than twice the population of USA today, 70% net new employment will 

be generated in cities, and 60 cities will  reach population of 1 million compared to

 35 cities in Europe today. Average national income shall rise up to  three to 

four-fold in the next 2 to 3 decades. Therefore, for infrastructure developers like 

GMR, there is hardly any limit.The company has its order book position to an amount 

around Rs. Rs 3200 crore that is quite robust .The company has been in the process 

of accomplishing the projects by Rs.1000 crore every year. The company has acquired 

2 power projects with a total capacity of 1970 MW in the year under review - EMCO 

and SJK power projects. The necessary gas supply for the project is assured to be 

made by the government for that purpose. The company is currently having 6 highway 

projects under operation across India measuring a total length of around 

421 km (1684 Lane Km). These include a balanced mix of both Annuity and Toll-based

 projects.The company thinks for  developing aviation SEZ spread over 250 acres 

andmulti-product SEZ in another 250 acres close to RGIA.GMR Infrastructure Ltd 

divested its 50% stake in US-based InterGen NV to China Huaneng Group for $1.23 

billion (around Rs5,635 crore). Given the high debt position of the firm, this is 

certainly a positive development and the money received from Inter Gen sale to the

 tune of Rs10 billion would come in handy to fund the ongoing road and power 

projects without dilution.”The robust earning generation is expected to be 

commenced post 2013 the stock is currently being traded 2.5 times  to its book 

value. We give it 5 multiple from the present book value and thus the future  

target price of the company shall therefore be expected as 75 in one year horizon 

and 100 to 120 any time for more than 2 years holding time period.The stock is 

currently below 30 days moving average. The positive momentum for short to medium 

term is expected only when it crosses around 43 to 44  level. Meanwhile,the return

 on average equity is  15.92 Which signifies  its condition to be well acceptable. 

Debt equity ratio is justifiable for big companies having paid up capital of 364.13

 to have 0.44  level because of the sector it belongs to currently. The stock is 

currently under accumulation phase and once the company crosses  its 30 days moving

 average which is at a level of around 42 to 43 the company may post upswing to 

next level .




BUY THIS STOCK AROUND Rs.15 to 20 /- ...for a long term target of 55 / 75 / 90+++ ......A multibagger in future .  

PFL INFOTECH LTD..BSE Code: 531769

PLF Infotech Ltd., fromerly known as Pioneer Farms was incorporated as a private limited company in Dec.`86 and was converted into a public limited company in Jan.`93. It was promoted by P Amresh Kumar, P Suresh Kumar, P Kishore Kumar and P Muralidhar. The company initially estasblished a parent farm and a hatchery unit in 1986-87 with 10,500 broiler parent birds and an installed hatchery capacity of 3,25,000 day-old chicks pm. In 1995-96, the company undertook a project to expand its capacity further by adding another 10,500 layer parent birds and also set up a poultry processing plant with a capacity of 2000 birds ph. The project was part financed by a public issue of 35,60,000 equity shares of Rs 10 each for cash at par aggregating Rs 356 lac, in Mar.`96. During the year 1996-97, the company increased the installed capacity from 69,12,000 numbers to 95,04,000 numbers. Buy a small qty for long term ..CMP 21 /- . Only risk takers can buy this stock . Can generate multiple returns in very long term .

Veritas ....BSE Code 512229

Incorporated in 1985,Veritas (India) Limited is engaged in the business of imports, export, trading and distribution of chemicals, metals and machinery. The Company is also engaged in the generation of wind energy in the State of Maharashtra and Tamil Nadu States. The Company generates power through wind mills. The Company`s segments include,Trading & Distribution and Wind Power Generation. During 2010, the Company has set up two new Wind Mills for Power generation at Tirunelveli District in the State of Tamil Nadu. During 2010, the wind power generation capacity is 1800 Kilowatts. The Company`s wholly owned subsidiary is Veritas Global Pte Limited....Invest  a very small quantity in this stock for long term . CMP ..Rs.101/- ..A risky stock , but may prove a multibagger in future . 

NAGARJUNA OIL REFINERY LIMITED ..... Buy below Rs. 6/- ...A Multibagger in future .

 NAGARJUNA OIL REFINERY LIMITED ( NORL)
The Hyderabad-based Nagarjuna Group was founded in 1973, by its visionary leader KVK Raju. The Group pioneered in several industries. It began its journey with Nagarjuna Steels Limited, a steel manufacturing unit. In 1985, the Group launched its second project, Nagarjuna Fertilizers and Chemicals Limited (NFCL), which is also the Group’s flagship enterprise. NFCL is a leading manufacturer and supplier of plant nutrients in India, with a distinction of being the single largest private sector investment in Southern India. NFCL is an ISO 9001:2000 certified company, and with operational profits, which is one of the highest in the industry, NFCL is a market leader.
 The Nagarjuna Group is now setting up a Petroleum Refinery plant at Cuddalore, Tamil Nadu, and will help in reducing the energy dependency of the country. The NOCL Cuddalore refinery project is jointly promoted by Nagarjuna Fertilizers and Chemicals Limited, Tata Petrodyne, Uhde Gmbh, TIDCO, and CPCPL joined this project as equity partners, and financial closure was achieved.
 Trafigura Pte Ltd had investment  USD130 million into a significant equity stake (up to approx. 24%) in the Nagarjuna Oil Corporation Limited (NOCL) oil refinery. The refinery is being constructed at Cuddalore in the State of Tamil Nadu, India. In addition to acquiring an equity stake, Trafigura will invest a further USD120 million into the construction of extensive storage facilities and associated infrastructure at the refinery’s 2,500 acre site.
Trafigura’s investment in the NOCL refinery is the first of its kind for the company, enabling it to create operational efficiencies and to add value to its customers’ supply chains. Geographically, the facility is well positioned to receive crude oil from Trafigura’s international producer partners. The investment also affords the company the ability to participate in India’s domestic market where rising incomes, higher vehicle sales and rapid urbanisation are driving the country’s position as one of the world's fastest-growing major economies.
The refinery to be operated by NOCL will have an annual capacity of six million tonnes. It can process 100% heavy/sour grades of crude and will supply light and middle distillates up to European IV standards. Other partners in the project include TIDCO, a Government of Tamil Nadu enterprise, and Tata Petrodyne, a Tata Group enterprise.
The location of the refinery, on the east coast of India, provides numerous strategic advantages including the ability to receive Very Large Crude Carriers (VLCCs) via a single point mooring. It is also well-positioned to meet the needs of the State of Tamil Nadu which currently has a shortfall in the supply of clean petroleum products.
Commissioning work at the refinery is expected to start this year with commercial operations scheduled to begin during the first half of 2013................Buy this stock for targets of Rs. 15 / 33 and above . A multibagger in future .

SuryaChakra Power Corporation CMP 2.5 /- ..Buy for Long term..Multibagger

Suryachakra Global Enviro Power Limited, a wholly owned subsidiary of Suryachakra, seized an opportunity in the renewable energy source to establish a 9.8 MW biomass fuel based power plant on a 30 acres site near Madwa village in the Champa-Janjgir district of Chhattisgarh State. The project operations started in May’2008. The project is under operation through long term power purchase agreement with the Chhattisgarh State Power Distribution Company Limited (CSPDCL). The project has been registered with the UNFCCC for receiving of CERs.It is looking for further growth and expansion activities. It is envisaged that grant of open access would generate attractive revenues. SGEPL is on an expansion mode. An integrated power project of 20 MW capacity with a paddy mill and an oil extraction unit is being setup. As a long term source, an Energy plantation is proposed. Further, a 40 MW biomass project has been planned in Andhra Pradesh.As part of it’s expansion activities, SGEPL proposes to set up a 500 MW [2x250 MW] Coal based power project at Manikyapuram & Rushikonda Villages in Srikakulam District, Andhra Pradesh in two phases. For setting up of phase-I a 250 MW, the company identified 600 acres of Land. The project in first phase would be implemented immediately. The project is under active implementation and is being set up as a merchant power plant.India is a power deficit company, with power shortage during peak hours leading to power cuts of approximately 3-4 hrs per day across various cities. In the last few days, we have seen some big companies coming up with IPOs to fund their power projects running into thousands of watts. Back in June 2007 Surya Power came with its IPO with an offer price of 17-20 per share, and raised funds to the tune of Rs 68 Cr. The purpose for raising funds was to set-up four biomass power projects of about 10 MW each- two in Chhatisgarh and two in Maharashtra through its various subsidiaries. 

A Value Buy CMP 2.5/- or below  .Buy for long term with targets of 10/- & above .

KILPEST INDIA LTD.....Long term Investment ......CMP 11.5//-

KILPEST is one of India’s leading Agri-based companies, established in the year 1972. Shri R.K. Dubey is the founder of this company. It was the only pesticide formulating company in the entire region of Madhya Pradesh in 1970s. The company has now grown over the years and is leading today in Central India and manufactures about 50 pesticide products, microfertilizers, biofertilizers and biopesticides. The company is enlisted with Bombay Stock Exchange Ltd. since 1996.Moving with a lustrous record of providing quality products to its customers since past many years, the company's management is now shifting its focus towards 'Biotechnology', keeping in view the hazardous effects of chemical pesticides. Since Biotechnology has been described as a "Sunrise sector" by Government of India, the company is now on its adventurous journey towards exploring potentials of Biotechnology in the field of Organic Agriculture, Public Health, Nutraceuticals, industrial enzymes etc.This is the stock to Buy as Technically it is very strong and has the potential to race to any level as it looks like a multibagger.
Kilpest India signs MoU for JV with Spain's Biotools:
Kilpest India will hold 51% stake, while the remaining 49% will be held by Biotools.
With this agreement, Biotools enters one of the most populated regions, with more than 1,600 million people (SAARC Region), with 9% growth in the last four years. Kilpest, meanwhile, has diversified its activities entering fully into a sector with high growth potential.Buy this stock at CMP 11-12/- for long term investment with targets of 20 /35 /55 ++.

SCHNEIDER ELECTRIC INFRASTRUCTURE LTD BSE Code 534139

Schneider Electric Infrastructure , an associate company of the French Energy management conglomerate  Schneider Electric is  a newly listed  stock in our stock exchanges.This company originated by the  Areva T&D’s global take over by the Alstom-Schneider consortium and subsequent de -merger of Transmission business to Alstom and  distribution business  to Schneider.The global takeover happened in 2010 at a cost of EUR 2.29 billion.Later the high voltage business allotted to Alstom and Medium and low voltage business allotted to Schneider to align with their global status.The Indian business of erstwhile Areva T&D also shared in the same manner here.In the initial stage its name was  SMARTGRID AUTOMATION DISTRIBUTION AND SWITCHGEAR LIMITED and changed its to Schneider Electric Infrastructure Limited in December 2011. Its ultimate parent company Schneider Electric is one of the world's largest manufacturers of equipment for electrical power distribution, industrial control and automation.Its nearest rival is ABB , but if we take the growth in Asia region business Schneider outpaces  with a 21%sales growth compared to 5% of ABB. Even in other parameters too Schneider showing better prospects as in the case of operational  margins for low voltage business where its is 20.5 % for Schneider and 16% for ABB (Asian business) .At present Schneider’s revenue share from Asian region is about 37% and it is growing very fast mainly due to some aggressive acquisitions made in last few years. In India , parent company made some big ticket acquisitions in recent past which includes Conzerv Systems, Meher Capacitors, Zicom's electronic security systems integration business(Rs.225 Cr),Uniflair India, APW President Systems( Rs.70 Cr approx.),Digilink(Rs.500 Cr) and Luminous ( Rs.1400 Cr)..etc.These figures clearly indicates their commitments to India . Coming back to the business of the listed entity ,it is in MV/LV Distribution business which includes Protection relays , control panels and other accessories.Even if there is some slowness in power generation and distribution policies by government in recent times , we all know there is huge scope remaining and it is inevitable in a country like India.I believe , with superior technology ,aggressive marketing strategies and vast experience Schneider having big opportunity in India for their Distribution business going forward.For the nine month ended December 2011  Schneider Electric Infrastructure posted a turnover of Rs.1054 Cr and a net profit of Rs.33Cr .In the latest December quarter alone it  posted a sales of Rs.409 Cr and a net profit of Rs.18 Cr .Margins are not great  at present but it is expecting to improve after the full control  of Schneider in the management .SEIL listed last week and this FV Rs.2 stock is currently trading around Rs.70/- .I feels the major selling happening in these days are from some Institutional share holders. As a matter of policy ,generally some funds/institutions are not interested to hold de-merged pieces and this may be an offloading because of this reason. I strongly believe whenever this supply ends this stock will move to the next level  and may turn as a dark horse in coming years.....Buy for long term 3-5 years . 

Nu Tek India Ltd...........CMP 0.95 paisa,,,buy for long term

Incorporated in 1993, Nu Tek India (Nu Tek) was promoted by a first-generation entrepreneur, Inder Sharma, a BE Electronics and Communication Engineer from North Carolina State University, US. Nu Tek is a telecom infrastructure services provider, offering Infrastructure rollout solutions for both mobile and fixed telecommunication networks. The company offers services to telecommunication equipment manufacturers, telecom operators as well as third party infrastructure leasing companies in installing and maintaining telecom network equipment and Infrastructure. From end-to-end solutions ranging from telecom network installations to full turnkey infrastructure rollout services, Nu Tek also provides technical support services and operation and maintenance to its clients. The company has executed projects in all the 23 telecom circles in India through its workforce of over 1,000 employees across India. It is also registered with the Department of Telecommunications (DoT) as a telecom infrastructure provider (category – 1).
A subsidiary in Turkey will mark Nu Tek’s foray into the overseas markets. The Middle East operations of Ericssion AB, Dubai, will also be serviced by the company. It is in the process of acquiring companies / entities in the US that will compliments its requirements. Work orders of a Rs 4.82-crore Tata Projects relating to the power sector in Rajasthan and Orissa are under execution.Operating in high-growth telecom infrastructure services sector, seeing a massive expansion plans by all telecom services providers, especially in small towns and rural areas, offering good business opportunities in the coming years. With mobile number portability to be implemented soon, existing telecom operators will be forced to improve the on-road and in-building coverage by improving/sustaining their network infrastructure to retain existing subscribers. The imminent arrival of third generation (3G) technology would lead to an increased demand for towers/telecom sites. BUY AT CMP FOR TGT. OF  Rs.5 / 10 / - .Invest a small amount .