IL&FS Transportation reported encouraging results in Q1 FY 2011. The EBITA of Rs. 248 crores on sales of Rs. 776 crores results in a healthy EBITA margin of 32% for IL&FS Transportation. The ROCE is 13.9%. IL&FS Transportation enjoys good revenue visibility. With expected sales of Rs. 3000 crores, order book of Rs. 20,000 crores and three toll projects being commissioned in FY 2011, IL&FS Transportation looks a safe investment
Sabero Organics reported poor results for the 1st Quarter of FY 2011 though there may be no need to panic yet as the fall in Sabero Organics‘ production and sales was caused due to de-bottlenecking of Sabero Organics‘ Monocrotophos & Chloropyriphos Plant
There are five reasons to like Sasken Communications. The first is that Sasken‘s book value is high at Rs. 176 as compared to the CMP of Rs. 198. The second is that Sasken offers a dividend yield of about 3%. The third is that Sasken has a reasonable PE of about 7.43. The fourth is that Sasken has low debt. And the fifth and most important is that Sasken on a strong growth trajectory in the telecom sector. The risk-reward ratio is in favour of making an investment in Sasken Communications
Backed by the impeccable Godrej management, Geometric, a turnaround niche software company, is top pick for your share portfolio, says master stock-picker Ramesh Damani
Rakesh Jhunjhunwala, like other geniuses, is not shy of sharing his investment techniques. So, if like us, you have been curious as to Rakesh Jhunjhunwala’s portfolio holdings and how Rakesh Jhunjhunwala picks his shares and what are Rakesh Jhunjhunwala’s investment techniques, we may have some answers for you.
We are always on the lookout for good companies with a strong growth track record and potential and whose shares are available at attractive valuations. The best case scenario is to find mid-caps which are trading at low valuations or in single-digit price to earnings (PE) multiples on the basis of their trailing one-year earnings. Low valuations mean that the downside is protected while leaving huge scope for appreciation in the stock prices. The factors to look out in finding such good companies are the dividend track record, cash flow from operations, return ratios, management track record and the future prospects.
Educomp reported robust performance recording 37.2% yoy growth in Top-line and a robust 92.3% yoy increase in Bottom-line with EBIDTA Margins expanding by 580bp to 52.4% in 3QFY2010. Strong government backing pertaining to higher budgetary spends to spur growth of the Education and Training Sector across the globe, and particularly in India, is a key positive for companies in this space like Educomp, which has been growing aggressively through its strong execution capabilities. Educomp can be expected to thrive on the upcoming opportunities in Education space and continue to witness strong growth trajectory backed by ongoing investments for newer initiatives with focus on product and content innovation.
LIC Housing Finance Ltd is one of the largest housing finance companies in India having one of the widest networks of 130 marketing offices across the country and representative offices in Dubai & Kuwait. It was promoted by Life Insurance Corporation in 1989 and a public issue was made in 1994. The main objective of the Company is providing long term finance to individuals for purchase / construction / repair and renovation of new / existing flats / houses.
In the Bank and Financial Services sector, we are very bullish on Bank of India for two reasons – strong growth prospects and low price-earnings ratio – compared to its peers in the private and public banking space. Bank of India is the Country’s third largest government bank by number of branches.
In the Oil & Gas Sector, we am betting on Cairn in preference to the other players such as ONGC, Aban Offshore and GAIL.
The fortunes of Cairn are directly related to the fortunes of crude oil and in the recent past crude has taken quite a beating. From a high of $145.29 a barrel in July 2008, crude plumetted to a low of $33.87 a barrel in December 2008. Since that low, it is up 37%.
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