LA-OPALA RG - HOLD THIS 10 BAGGER

LA-OPALA RG  initially recommended @ Rs.66  hits its life time high in this week @ Rs.629.Even if this stock already turned as a 10 bagger during this period ,those with some risk appetite can still HOLD it.

Old posting on La-opala HERE

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VIMAL OIL AND FOODS - BOOK PARTIAL PROFIT

VIMAL OIL AND FOODS initially recommended @ Rs.60 ( Old recommendation HERE) which hits its life time high today @ Rs.148.75 . This stock returned almost 150 % appreciation during this period.Recommending to sell half of your holding to recover your capital  +  some profit and HOLD the balance  as cost free.

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SASKEN COMMUNICATION - UPDATE

SASKEN COMMUNICATIONS LTD  recommended @ Rs.118   hits its 52 week high today @ Rs.175  , an appreciation of more than 50% in  three months period   .Still recommending to HOLD this stock for long term

Link to old posting HERE

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CROMPTON GREAVES - UPDATE

Crompton Greaves recommended @ Rs.90  today hits its 52 week high , an appreciation of more than 50% at CMP  .Still recommending to HOLD this stock.

Recommendation Link HERE

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ADOR WELDING LTD - BUY

 

Ador Welding Ltd ( Formerly Advani-Oerlikon) was a sector out performer in the past .During 2005 its share price recorded a high of Rs.520 .But later ,as a true reflection of slowing industrial growth in our country ,its share price came down to lower levels.

This company started operations in 1951 with technical collaboration of Switzerland based Welding Industries Oerlikon-Buhrie Ltd. AWP  is the pioneer and one of the market leading companies in Indian welding consumable sector.Company’s Indian manufacturing facilities are located at Silvassa, Chennai, Raipur and Pune.AWP producing various types of electrodes, wires , fluxes and welding and cutting equipments , CNC Machines,Gas cutting products and accessories..etc.Company supplying its products to many industries which includes Automobiles, Oil and Gas,Power ,Construction ..etc.In order to avail latest technology ,company recently acquired 60 % stake in Israel based Plasma Laser Technologies Ltd.Using modern technology, company Introduced many new products in India in recent past.Even during this tough times company showing resilience and reported better numbers compared with last year.Now ,many stocks from Industrial growth sensitive sectors started to perform on anticipation of bold decisions by the coming government .Based on many parameters Ador Welding is one of the best companies in this sector .

                                                                                       
 In last FY company reported a top line of Rs.364 Cr and a net profit of Rs.19 Cr .AWP is a debt free company with 57 % promoter stake and out of this not a single share is pledged .What is more attractive is its dividend paying record .For the past four years ( actually these period was really a challenging one  for a company like AWP) company maintained a dividend of 60 % .This implies a dividend yield of close to 5 % which is  highest among the listed companies on a continuous basis. I believe,this is a good opportunity to include a clean company in your  portfolio and  there is every chance for out performance once Indian Industrial growth pick up, till then you can still enjoy 5 % or more dividend yield .Recommending a BUY @ CMP Rs.123 ,which is even below its book value .Stock listed both in NSE and BSE

Link to Company website HERE

Latest Annual Report HERE

                                                                    

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UPDATES - GRANULES INDIA LTD,SABERO ORGANICS ,ALPHAGEO

GRANULES INDIA 

From a level of Rs.79,this stock recommended at least five times in the past .  Today ,Granules India hits its 52 week high @ Rs.192.( Initial Recommendation HERE) .Company scheduled an Extra ordinary General Meeting on 6th December to consider various matters related with the acquisition of Auctus Pharma .I believe, this Rs.100 Cr plus company ( Auctus Pharma)  with USFDA approved plant for an amount of Rs.100- 120 Cr is not a bad deal for Granules in the long term. Still recommending to HOLD this stock.

SABERO ORGANICS

As in the case of Granules India ,Sabero Organics Gujarat recommended more than once from a level of Rs.55 onwards. Today stock closed around Rs.140 .( Initial Recommendation HERE) . Company reporting steady growth both in Sales and margins and already reported an EPS of Rs.7.50 in the half year itself against Rs.2.30 in last full year.Recently ,company received an instruction from Gujarat Pollution Control Board to stop its production from a unit located at Sarigam , Gujarat. But now ,company clarified that the authorities revoked its earlier order after a re-inspection and permitted more time to fully comply with the norms. Today in an interview ,company management assured that they are confident in meeting all required standards within the allowed three months time period .

Interview Link HERE

Requesting to HOLD the stock for long term

ALPHAGEO INDIA

This stock recently recommended @ Rs.38 which is currently trading around Rs..42 . As expected and indicated in my previous posting ,after a long gap ,company started to receive  new orders from Indian oil exploration companies .Now company received two orders in last week ( Link 1 , Link 2) .Along with orders it received from overseas in recent times , these new orders giving more visibility for  company's business going forward ( Fore more details ,read HERE) . One can HOLD this stock and even consider a BUY if ready to take above average risk.

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ASHAPURA MINECHEM - UPDATE

Ashapura Minechem is one stock repeatedly recommended around Rs.40 level.Today stock hits its 52 week high @ Rs.60 .It was mentioned in my previous postings that the two negative points regarding this company is its pending court cases between few shipping companies and with some banks. Due to this reason ,its stock price was languish around Rs.40 level for a long period, even it reported excellent results in past two quarters. As per the reports of ET NOW ,company is in the process of a settlement between these parties and the same is expected to conclude within two months.Claim with shipping companies are expected to  settle around Rs.75 Cr v/s original claim of Rs.800 Cr and dispute with banks on account of  derivative transaction loss with a hair cut of 50 % .If this happens ,I believe there is scope for substantial appreciation even from current level.Recommending to HOLD the stock.

See ET NOW video HERE

Old posting on Ashapura HERE

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