dishes on mainline trunk-route trains like the Shatabdi. Surprise factor is strong in
this share.
>ETC Networks....Go to( www.kidzee.com ) to get a fix on what that man has been
upto untill today...and what he plans for the future in education portals.
Meanwhile, buy more of ETC on delivery.
>Joindre will make a placement.
So will Pioneer Investments. They talk of this one like it'd become another
Indiainfoline !
Gaurang Gandhi of Pioneer is said to be in a big rush and hurry.
Go long in both these share-broker shares.
>Gayatri Projects: It's DLF that needs this minister-promoted company...and
NOT the other way around !!
But after formalising this deal, Gayatri becomes important in YOUR portfolio.
>Manaksia are a solid group. They are the monopoly producers of aluminium
caps for Pepsi and Coke in India. This share has places to go. A BIG BIG Fund
started buying yesterday, six days after its listing took it down from 200 to 130. It
closed yesterday at 148.
BUY on delivery today.
Buy for 30 days and over :
>Joindre Capital
>Manaksia Ltd
>Pioneer Invt.
Man Industries (India) Ltd
CMP: Rs. 141 , Industry: Steel Pipe Manufacturer
Stock Info
Market Capital Rs.765.10 Cr., Equity Capital Rs. 26.64 Cr.
Avg Trading Vol. 108258(Qtly) 52 WK High/Low : 177/85.65
Face Value Rs. 5., BSE Group S
BSE Code 513269., NSE Symbol MANINDS
Shareholding Pattern (As on 31st Dec, 2007)
Promoters 40.54% Domestic Institutions 15.42%
Foreign Institutions 18.64% Corporate 9.45%
Public & Others 15.95%
Valuation & view
At CMP of Rs 141, stock is trading at P/E of 13.58x FY07 (EPS of FY07 is Rs10.38) and P/E of 10.32x FY08E (annualized
EPS of FY08E is Rs. 13.62 (EPS for H108 is Rs6.81). The stock is available at discount in comparison to its peers. Looking at
macro business opportunity & company’s expansion plans to meet this potential demand & management’s ability to capture
the potential opportunity we believe that stock would outperform the space. Looking at all these factors we recommend BUY
the stock at current levels for a medium to long term perspective.
CMP: Rs. 141 , Industry: Steel Pipe Manufacturer
Stock Info
Market Capital Rs.765.10 Cr., Equity Capital Rs. 26.64 Cr.
Avg Trading Vol. 108258(Qtly) 52 WK High/Low : 177/85.65
Face Value Rs. 5., BSE Group S
BSE Code 513269., NSE Symbol MANINDS
Shareholding Pattern (As on 31st Dec, 2007)
Promoters 40.54% Domestic Institutions 15.42%
Foreign Institutions 18.64% Corporate 9.45%
Public & Others 15.95%
Valuation & view
At CMP of Rs 141, stock is trading at P/E of 13.58x FY07 (EPS of FY07 is Rs10.38) and P/E of 10.32x FY08E (annualized
EPS of FY08E is Rs. 13.62 (EPS for H108 is Rs6.81). The stock is available at discount in comparison to its peers. Looking at
macro business opportunity & company’s expansion plans to meet this potential demand & management’s ability to capture
the potential opportunity we believe that stock would outperform the space. Looking at all these factors we recommend BUY
the stock at current levels for a medium to long term perspective.
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