| 1. |
The Stock at Rs265 quotes at P/E multiple of 7.36 times FY11E EPS of Rs36. Latin Manharlal Sec recommends Buy on the stock with a price target of Rs360, an upside of 36% from the current levels over a period of 12 monthsLatin Manharlal Securities, www.valuenotes.com3 September 2010
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| 2. |
At the CMP of Rs102.95, the stock is trading at 12 times its FY11E EPS of Rs8.5. Investors are recommended to buy the stock with a 12-month price target of Rs135 Latin Manharlal Securities, www.valuenotes.com21 August 2010
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| 3. |
Diamond Power Infrastructure Ltd. (DPIL) reported excellent growth during the quarter on the back of expanded capacities as compared to the previous year. The net sales of the company grew by 124.7% y-o-y resulting in a bottom-line growth of 123.9% y-o-y. At the CMP of Rs236, the stock is trading at 7.9 times its FY11E EPS of Rs29.85. Investors are recommended to buy the stock for a price target of Rs268, giving an upside of 13.6% from the current levelsLatin Manharlal Securities, www.valuenotes.com16 August 2010
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| 4. |
The Stock at Rs147 quotes at P/E multiple of 5.5 times FY11e EPS of Rs26.62 and 4.1 times FY12e EPS of Rs35.64. LAtin Manharlal Sec recommends Buy on the stock with a price target of Rs178, an upside of 21% from the current levels over a
period of 12-18 monthsLatin Manharlal Securities, www.valuenotes.com13 August 2010
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| 5. |
At the CMP of Rs222, the stock is trading at 5.6 times its FY11E EPS of Rs39.41. Investors are recommended to buy the stock with a price target of Rs276, an upside of 24% from the current levels over a period of 12 monthsLatin Manharlal Securities, www.valuenotes.com7 August 2010
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| 6. |
Gold has again tested the weekly trend line, currently trading on support of trend line. More the time a support is tested, more likely it is to break. Latin Manharlal Sec suggests clients to Sell MCX Gold October at Rs18060 for target of Rs17,550 / Rs17250 with stop loss above Rs18270Latin Manharlal Securities, www.valuenotes.com27 July 2010
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| 7. |
At the CMP Rs32.40, the stock is trading at 8.2 times its TTM EPS of Rs3.97. Investors are recommended to buy the stock with a price target of Rs40, an upside of 23% from the current levels over a period of 12 monthsLatin Manharlal Securities, www.valuenotes.com23 July 2010
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| 8. |
Aluminium, one of the largest used base metals rose to a 14 month high of Rs 108.50 per kg in Q1FY10. Latin Manharlal Sec suggests clients to buy MCX Aluminium July at Rs92.50 – 93 with a target of Rs98/101 and keep a stop loss of Rs89.50. (Closing basis)Latin Manharlal Securities, www.valuenotes.com15 July 2010
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| 9. |
APL plans to increase its current capacity of 500 TPD to 1500 TPD in next 2-3 years. The current facility of the company is spread over 1.5 mn sqr meter including 20-23 small process units. For expansion, the company has acquired 100-150 acres of land near Baroda, Savli. At the CMP of Rs174, the stock is trading at a P/E multiple of 4.9 times its FY11E EPS of Rs35.82Latin Manharlal Securities, www.valuenotes.com12 July 2010
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| 10. |
Latin Manharlal Sec are expecting a price rise of 5-7% in lead over the next fortnight and suggest clients to Buy MCX Lead July at Rs84.50-85 with a target of Rs88 / 90 and keep a stop loss of Rs83.25 (closing basis)Latin Manharlal Securities, www.valuenotes.com12 July 2010
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| 11. |
VOL enjoys leadership position in almost all of its product segments. ~80% of its revenues come from the export markets. Rupee has depreciated against dollar by ~5.4% during Q1FY11. This will benefit the company as majority of its revenues comes from exports. Given the launch of new products, back ward integration (IB) of ATBS and planned capacity expansions, Latin Manharlal Sec believes that VOL is poised to grow at a CAGR of 35% over the next 4-5 yearsLatin Manharlal Securities, www.valuenotes.com9 July 2010
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| 12. |
Latin Manharlal Sec suggests clients to buy MCX Nickel July at Rs890-895 for target of Rs950 /980 /1000 with stop loss of Rs878 (Closing basis)Latin Manharlal Securities, www.valuenotes.com7 July 2010
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| 13. |
The Stock at Rs.218 quotes at P/E multiple of 9.6x FY'11e EPS of Rs22.63 and 7.8x FY'12e EPS of Rs27.85. Latin Manharlal Sec recommend Buy on the stock with a price target of Rs.260, an upside of 19% from the current levels over a period of 12 monthsLatin Manharlal Securities, www.valuenotes.com25 June 2010
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| 14. |
JMC' current order book stood at Rs3100 cr as on (31 Marh 2010), with an average execution period of 24- 30 months gives a revenue visibility for medium term. Its order book has been growing at a CAGR of 39% over FY07-10. At the CMP of Rs218, the stock is trading at a P/E multiple of 9.6 times its FY11e EPS of Rs22.63 and 7.8 times its FY12e EPS of Rs27.85 and has a 12-month price target of Rs260Latin Manharlal Securities, www.valuenotes.com25 June 2010
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| 15. |
KCL's revenue and profit has been grown at a CAGR of 24% and 43% over FY07-10 respectively. The Stock at Rs129 quotes at P/E multiple of 6.0x FY'11e EPS of Rs.21.34 and 4.9x FY'12e EPS of Rs26.49. Latin Manharlal Sec recommend Buy on the stock with a price target of Rs165, an upside of 28% from the current levels over a period of 12 monthsLatin Manharlal Securities, www.valuenotes.com21 June 2010
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| 16. |
At the CMP of Rs440, the stock is trading at a P/E multiple of 19.5 times FY11E EPS of Rs22.5 and 15.9 times its FY12E EPS of Rs27.6 and has a price target of Rs524Latin Manharlal Securities, www.valuenotes.com11 June 2010
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| 17. |
Latin Manharlal Sec estimates BGR to post sales and profit CAGR of 34% and 30%
respectively through FY'10-12e and expect the company to report an EPS of Rs38.6 and Rs47.3 for FY'11e & FY'12e respectively. However, given the sharp run up in the stock price, Latin Manharlal Sec rate the stock as 'Outperformer' with a revised target price of Rs728 implying 10.6% upside from the current levelsLatin Manharlal Securities, www.valuenotes.com7 June 2010
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| 18. |
Nickel would take support at the long term trend line and prices would bounce towards Rs975. Investors are recommended to buy MCX Nickel Jun at Rs920-930 for target Rs975/Rs1025 with stop loss of Rs900 (closing basis)Latin Manharlal Securities, www.valuenotes.com3 June 2010
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| 19. |
MHRIL has witnessed a healthy growth of 31% CAGR in its memberships over FY05-10 resulting in a revenue growth of 36% CAGR. The company's memberships have increased from 28,491 in FY05 to 109,884 as on 31st March 2010. MHRIL's strong brand value, premium properties, service standards and strong marketing initiatives are likely to drive membership growth going forward. Also, the management's ability to satisfy its members and provide world-class holiday experience has lead to increase in memberships via member referralsLatin Manharlal Securities, www.valuenotes.com14 May 2010
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| 20. |
Lead prices have underperformed other base metals since 2010. Lead prices fell by 5% on LME and 10% on MCX. This under performance of lead will eventually stop & lead prices would pickup as the demand-supply situation starts to tighten. Though rising inventory in LME is an issue with lead, investors are recommended to buy lead (May) on dips towards Rs100–Rs101 with a target of Rs104-Rs107 and a stop loss of Rs97Latin Manharlal Securities, www.valuenotes.com24 April 2010
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