Friday, July 25, 2014

WeP Soltions Ltd. - Buy For Long Term

WIPRO  in 2000 to operate as a separate company with focus on IT peripherals such as printers, UPS and networking products, has now given birth to another IT services and solutions firm. As part of its corporate restructuring plans, the company has demerged its IT services business into a separate company with primary focus on enterprise security, managed printing solutions and technology distribution Known as WeP Solutions Ltd., the new company was legally-separated from WeP Peripherals in March 2008. 
WeP Solutions ltd is a leading computer & internet peripherals company in India with annual sales of USD 64 million. Wep commenced operations in 1986 as a peripherals division of  WIPRO LTD, one of the largest it companies in India and has become independent legal entity in year 2000. WEP Solutions ltd is one of the largest employee owned company in the country and has a track record of uninterrupted growth for the last 18years. WEP is know for its quality with six sigma initiative and ISO 9000 standards of certifications for its product development, manufacturing, marketing and support and its unique 30 day money back offer. Manufacturing facility: Wep has three state-of-the art manufacturing facilities one at Mysore producing over 120,000 dot matrix printers per annum, another at Hyderabad producing over 200,000 products and third manufacturing facility was started in Himachal Pradesh in northern India a year back for manufacture dot matrix printers Our manufacturing facilities in Mysore and Hyderabad are ehtp thru which we also do contract manufacturing and exports to prestigious customers like seiko precision and triumph adler / Bandermann for European markets and export our printers to China, srilanka, Dubai, Nepal and other south east Asian countries. All our three manufacturing facilities are iso-9000 certified.
The main customers of WeP in Design Services division are Honeywell, Wipro, BEL, Nokia, Texas Instruments, Motorola, Toshiba, Bandermann, Wincor Nixdorf, Printronix etc.. 
Financials and Conclusion

On a consolidated basis ,company’s top line spurted from Rs.0.84 Cr in 2010 to Rs.7.64 Cr in 2014 . Its bottom line is still in loss to profit on an yearly basis .In last financial year , to write of its entire accumulated loss WeP reduced its equity capital by half .Promoters are holding 39.26 % stake and other FII’s and WIPRO LTD together holding another 20 % stake. Because of low floating stock ,liquidity is low in this counter.If you are a  risk averse investor and considering conventional valuation parameters for investment decisions ,it is not a stock for you .I believe, due to various reasons ,company is at an inflection point and the better days are just coming.But it is a long term story and a stock only for those with enough patience.Remember ,this is not a 'multibaggerstocksideas' but a stock suggestion based on the anticipated future growth of company .WeP is listed only in BSE & BSE CODE : 532373 and currently trading around Rs.10.
Disc : I have vested interest in "WeP Solutions Ltd".


Thursday, July 24, 2014

HARYANA CAPFIN LIMITED - EMERGENCE OF A DARK HORSE ?

Haryana Capfin Limited is part of Rs. 4,000 Crore D. P. Jindal Group. The Company is engaged in the business of Finance/Investing activities. The Company is licensed as a Non Banking Financing Company by Reserve Bank of India. 
Non banking financing Company play a vital role in the context on Indian Economy. They are indispensable part in the Indian financial system because they supplement the activities of Banks in term of deposit mobilization and lending. They play a very important role by providing finance to activities which are not served by the organized Banking sector. The related NBFC activities have not been started by the Company in full flow, the Company has invested in the shares of Maharashtra Seamless Limited, flagship Company of the group..
Haryana Capfin Ltd was incorporated in the name and style 'Haryana Engineering Pvt Ltd' on September 9, 1998. The Company was converted into Haryana Engineering Limited with effect from February 3, 2006. The name of the Company has been changed to Haryana Capfin Limited with effect from August 09, 2006. In July 2006, as per scheme of arrangement, Jindal Drilling and Industries Limited transferred its entire business, pertaining to the Casinvest division to the company with effect from April 1, 2005. The company's main activities are investment and financing.
Its current book value is over Rs.59.50 .Stock is currently trading around Rs.24.Recommending a "STRONG BUY" at current market price of  for long term investors.Stock traded in  BSE with scrip code 532855.

 Disc : It is safe to assume that I  have vested interest in "Haryana Capfin Limited".



Wednesday, July 23, 2014

Dr. DATSONS LABS ( AANJANEYA LIFECARE LTD) - BETTER DAYS AHEAD ?



Aanjaneya Lifecare Limited, India’s fastest growing Pharmaceutical Group having a proven track record of delivering consistence performances engaged in the manufacture of Active Pharmaceutical Ingredients and Finished Dosage Forms along with delivery of CRAMS has its presence in 60 countries in the fiercely competitive domestic Contract Manufacturing Market as well as in International market with a significant leadership market presence in Quinine Salts manufacturer in the world said today Aanjaneya Lifecare Limited, India’s fastest growing Pharmaceutical Group having a proven track record of delivering consistence performances engaged in the manufacture of Active Pharmaceutical Ingredients and Finished Dosage Forms along with delivery of CRAMS has its presence in 60 countries in the fiercely competitive domestic Contract Manufacturing Market as well as in International market with a significant leadership market presence in Quinine Salts manufacturer in the world , has acquired 100% stake in Fair Success Hong Kong and Dr. Datsons Labs, United Kingdom on 2013.
Aanjaneya Lifecare Limited, BSE code (533412), a Rs 490 crores, integrated pharmaceutical company engaged in the manufacture of Active Pharmaceutical Ingredients and Finished Dosage Forms along with delivery of CRAMS has its presence in 60 countries.
The company with its manufacturing facilities –in Mahad, Hyderabad and Pune has to its credit many achievements.
• It is the world’s third-largest manufacturer of quinine salts and the second-largest in India. Only nine companies globally manufacture quinine salts. Aanjaneya is only the second company to receive WHO prequalification for its anti-malarial APIs and formulations.
• It is one of the most cost-effective quinine manufacturers
• One of the largest codeine quota holders in the pharmaceutical sector
• The only manufacturer of multi- flavored Lozenge medical products in India
• The only company in India to be classified as ethical prescription dosages for diverse therapeutic segments. It is positioned as a global Centre of Excellence in the area of Lozenge manufacture
• The company pioneered the recognition that lozenges represent a stable platform for the delivery of pharmaceutical and nutraceutical ingredients
• Anjaneya’s Nicco Nil lozenge is a first-of-its-kind remedy in the world for smoking de-addition; its Relacs is a first-time lozenge against insomnia in India, and Arecta Plus, a lozenge variant for Viagra, is a first for India.
The company has an expertise in opportunity spotting and innovation. The company’s success has been built on a business model that integrates Research, Innovation and Knowledge. The company has invested in building proprietary Knowledge through research and acquisitions.
Anajaneyas Lifecare’s competence has been validated through patents granted by international and Indian authorities.

Positive:-
  • Dr.Datsons Labs Ltd has informed BSE that the Company has successfully completed its obligations towards the FCCB Bond Holders for 40 Million USD. There is no Unpaid Debt by the Company towards Bondholders as on July 17, 2014. 
  • After FCCB conversion, promoter holding is 10 percentage, fii holding 56.79 and and other corporate bodies holding 23 percentage, so almost 90 percentage of shares with promoters n corporate bodies.. only 10 percentage shares with retail investors
  • It Will show good quarterly results in future as large demand for their service and as debt came down. 
  • Currently more than rs.350 crore Asset in hand
  • Book value of stock is above 65.38 
  • cmp 10.00
  •  Disc : It is safe to assume that I  have vested interest in " Dr. DATSONS LABS ".

Monday, July 21, 2014

"BOMBAY RAYON FASHIONS LTD"- BUY ON DECLINE


BRFL is a vertically integrated textile company, engaged in the manufacture of a wide range of fabrics and garments from state of the art production facilities. Apart from being the largest Shirt manufacturer in India, we have successfully evolved into a multi-fiber manufacturing company producing fabrics such as Cotton, Polyester, Tencel, Modal, Lycra, Wool and various blends.BRFL yarn dyed fabric, printing techniques, finishing, processing, weaving, stitching are a mark of excellence making every piece of fabric perfect. With fabric manufacturing facilities of 100 million meters per annum, garment manufacturing facilities of 60 million pieces per annum, being expanded to 90 million pieces per annum and a strong employee base of around 38,000;BRFL is today one of the most sought after brands in the Indian as well as International fashion markets.
BRFL has expanded its working internationally, with active tie ups, joint ventures and subsidiaries, especially in European region like Netherlands, Italy and UK. 

BSE CODE : 532678 

Current price Rs : 159.00

Accumulation Below Rs : 160

Target  Price Rs : 220++

StopLoss Price Rs : 145

Duration : 6(SIX) MONTHS.

 Disc : I have vested interest in "BOMBAY RAYON FASHIONS LTD ".

http://multibaggerstocksidea.blogspot.in/

Saturday, July 12, 2014

"ZENOTECH LABORATORIES" - A POTENTIAL MULTIBAGGER.


 BSE CODE                      : 532039

Current price Rs             : 26.00

Accumulation Below Rs : 23.5

Target Price Rs             : 100++

StopLoss Price Rs        : 13.00

Duration                       : LONG TERM

Disc : I have vested interest in "ZENOTECH LABORATORIES" .

http://multibaggerstocksidea.blogspot.in/

Friday, July 11, 2014

SIKA INTERPLANT SYSTEMS-LISTED PLAYERS IN "AERONAUTICS & DEFENSE ARENA".


"SIKA" is   a   Public   Listed ISO 9001    Engineering Company in Projects, Systems, Products and Engineering Services for Aerospace, Space, Marine, Automotive and Core Industries. SIKA has offices in Bangalore CBD and manufacturing facilities on Hosur Road, Bangalore. SIKA has offices at Mumbai, Kochi and representatives in other major Cities. This Company is primarily engaged in the business of manufacturing and rendering of services in engineering products, projects and designs for aeronautics and marine sectors. Company’s niche product and service portfolio is really a good point to note. With the growing Indian market in Aerospace and Defence, India is seen as one of the target business markets for the international Aerospace and Defence industry. In this scenario international Aerospace and defence companies want to gain a competitive edge by outsourcing jobs to Indian industry and also provide Indian customers with MRO support in India.Now SIKA is going for upgradation and expansion of its facilities at Bangalore for Design, Supply, certification and MRO(maintenance, repair and overhaul) for Aerospace and Defence. SIKA has an equity base of 3.4 crore and more than 71.54% of this is held by the promoters itself ,which makes it a low liquid counter. Last year company posted an EPS of Rs.6 and declared a dividend of 6%.Even if the performance in the nine month period of this FY is not encouraging ,Company’s dedicated efforts for expansion and upgradation of its Bangalore facility and ongoing developments in aeronautics and defense sector will bring more business forward.This is a niche unknown company and most of the investors are not familiar with its activities. When this story unfold and if things are moving as per the expectations of the management. At a price of Rs.63/- it is a scrip to watch "SIKA" is a worth buy for medium to long term. & Accumulation Below 45/-.
BSE CODE : 523606 .
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