GMDC is a Hidden Gem in Midcap Metal stocks (CONTRARIAN STOCK)

GMDC (GUJARAT MINERAL DEVELOPMENT CORPORATION LTD)

CMP : Rs. 73.10

HIGHLIGHT POINTS :

1.FACE VALUE : Rs. 2

2.Market cap : Rs. 2338 cr.

3.Equity : Rs. 63.6 Cr.

4.EPS : 15.73

5.PE RATIO : 7.3

6.DEBT FREE COMPANY

7.BOOK VALUE : 101

8.Stock is trading at 0.71 times its book value

9. PROMOTER STAKE IS VERY HIGH 74 %

10.good dividend yield of 4.05%

11.LAST 19 YEARS CONTINOUS DIVIDEND PAYING COMPANY



CONS :

1.Company has showed slow growth rate in last 5 years

2.Contingent liabilities of Rs.441 Cr.

3.WORLD AND CHINA DEMAND IS SLOWING IN METALS SO STOCK PERFORMANCE IS ALSO SLOW

IT IS A CONTRARIAN STOCK …IF METALS CYCLE IS REVIVED STOCK WILL PERFORM VERY WELL



PLEASE STUDY BEFORE GOING TO BUY AND ACCORDING TO YOUR RISK APATITE

ALL THE BEST

 

Sir,
Pls tell your valuable view for Elpro International, Makers Laboratories and shakti pump

 

Dear Chandra mohan singh sir,


1.Elpro International

industry segments as Power Generation & Distribution, Railways, Telecommunication, Solar Energy, Wind Energy, etc.

Elpro International Limited was incorporated in July 1962 as a public limited company

in technical and financial collaboration with General Electric, USA. Elpro is the only company outside the United States to manufacture surge arresters and zinc oxide discs with GE technology acknowledged to be the best in the world.

Face value : Rs.2

Equity : 8.61 cr.

Market cap Rs.429 cr.

Total Debt Rs. 105 cr.

Past 5 years company delivered Poor sales and net profit numbers

2014 year results company showing loss

After 2007 there is no substantial growth in company sales or profit


One positive point is they are reducing some debt

Promoters stake has increased resent years

Collaboration with GE like world class company



In my view avoid this stock

If you want to buy in crash time buy at 20 rs. Level is safe investment


2.Makers Lab

Face value : 10Rs.

Market cap 46 cr.

Equity : 4.92 cr.

Book value :Rs. 50

Low Debt almost Debt free company

Positive points is they reduce some employee cost and manufaturing expences

Company is showing poor sales and profit growth last 5 years

If you want to buy this stock buy some shares at current market price and remaining slowly acquire

In corrections that is the safe method


3.SHAKTHI PUMPS

FACE VALUE :Rs. 10

Market cap 213 cr.

Continuous growth in Net profit and sales in last 5 years

Promoter pledge some shares

Now traded in 10.36 PE Ratio is very reasonable

Company reducing some debt in recent years

If you want to buy this stock buy some portion at CMP and remaining Slowly acquire in corrections





ALL THE BEST

 

very helpful, Sir thank you very much

 

Sir any idea about Freshtrop, welspun syntex and venus remidies

 

Sir any views on venus remedies

 

Gmdc

UOTE="RAMA MURTHY SASTRY CHALLA, post: 4225, member: 1962"]
GMDC (GUJARAT MINERAL DEVELOPMENT CORPORATION LTD)

CMP : Rs. 73.10

HIGHLIGHT POINTS :

1.FACE VALUE : Rs. 2

2.Market cap : Rs. 2338 cr.

3.Equity : Rs. 63.6 Cr.

4.EPS : 15.73

5.PE RATIO : 7.3

6.DEBT FREE COMPANY

7.BOOK VALUE : 101

8.Stock is trading at 0.71 times its book value

9. PROMOTER STAKE IS VERY HIGH 74 %

10.good dividend yield of 4.05%

11.LAST 19 YEARS CONTINOUS DIVIDEND PAYING COMPANY



CONS :

1.Company has showed slow growth rate in last 5 years

2.Contingent liabilities of Rs.441 Cr.

3.WORLD AND CHINA DEMAND IS SLOWING IN METALS SO STOCK PERFORMANCE IS ALSO SLOW

IT IS A CONTRARIAN STOCK …IF METALS CYCLE IS REVIVED STOCK WILL PERFORM VERY WELL



PLEASE STUDY BEFORE GOING TO BUY AND ACCORDING TO YOUR RISK APATITE

ALL THE BEST[/QUOTE]
Gm

 

it is a good stock some good oncology products are in venus remidies basket but ...if you want to buy this stock margin of safety is most important ...

 

sir ,
i have only knowledge about makers lab its presence is very strong