BLISS CHEMICALS - A REPORT

-
Bliss GVS Pharma extends gains
Bliss GVS Pharma rose 1.13% to Rs 468 at 10:27 IST on BSE, on bagging an order worth Rs 25 crore for supplying anti-malarial drugs for African countries.
The company made this announcement after the trading hours on Tuesday, 13 November 2007.
Meanwhile, BSE Sensex rose 517.56 points or 2.72% to 19,554.65, as worries about the US credit crisis eased after several top US executives reassured investors that the US banking system could withstand shocks from credit-related losses.
On BSE 580 shares were traded in the counter. The scrip had an average daily volume of 4,780 shares in the past one quarter.
The stock hit a high of Rs 480 and touched a low of Rs 453 so far during the day. The stock had a 52-week high of Rs 515 on 31 October 2007 and 52-week low of Rs 35.65 on 15 November 2006.
The small-cap scrip had outperformed the market over the past one month till 13 November 2007, gaining 17.81% compared to the Sensex's declining 0.12%. It had also outperformed the market in the past one quarter, gaining 135.68% compared to Sensex's rise of 26.90%.
The company's current equity is Rs 6.31 crore. Face value per share is Rs 10.
The current price of Rs 468 discounts Q2 September 2007 annualized EPS of Rs 77.46 by a PE multiple of 6.04. Bliss GVS Pharma's net profit rose 4788% to Rs 12.22 crore on 1894% growth in sales to Rs 29.91 crore in Q2 September 2007 over Q2 September 2006.
The company manufactures and distributes soft vaginal pessaries and anal suppositories. It operates in two segments, health care products and pharma products.


Best Regards,
Ramanathan N.S.

Popular posts from this blog

IOB capitalises on hike in stake by LIC

-
Indian Overseas Bank rose 1.53% to Rs 46.45 at 10:31 IST on BSE, after the biggest domestic instutional investors Life Insurance Corporation of India hiked its stake in the state-run bank. The bank made this announcement after trading hours on Wednesday, 25 March 2009. Meanwhile, the BSE Sensex was up 126.19 points, or 1.31%, to 9,794.09. On BSE, 31,003 shares were traded in the counter. The stock had an average daily volume of 1.93 lakh shares in the past one quarter. The stock hit a high of Rs 47 and a low of Rs 45.95 so far during the day. The stock hit a 52-week high of Rs 156.80 on 2 May 2008 and a 52-week low of Rs 37.55 on 9 March 2009. The mid-cap bank stock had underperformed the market over the past one month till 25 March 2009, falling 3.17% as compared to the Sensex's 8.60% rise. It had also underperformed the market in the past one quarter, declining 33.94% as compared to the Sensex's 1.04% rise. The bank's current equ The current price of ...
Read more

Lok Housing & Constructions builds on fund raising plans

-
Lok Housing & Constructions jumped 6.99% to Rs 107.90 at 11:20 IST on BSE ahead of a board meeting to consider fund raising options from both foreign and local market, including an institutional placement. Meanwhile, the BSE Sensex was down 50.50 points, or 0.30%, at 15203.73. On BSE, 1.86 lakh shares were traded in the counter. The scrip had an average daily volume of 4.74 lakh shares in the past one quarter. The stock hit a high of Rs 115 and a low of Rs 102 so far during the day. The stock had a 52-week high of Rs 390.50 on 1 January 2008 and a 52-week low of Rs 96.25 on 12 June 2008. The scrip had underperformed the market over the past one month till 12 June 2008, falling 26.55% compared to the Sensex's 10.18% decline. It had also underperformed the market in the past one quarter, falling 31.39% compared to Sensex's 3.24% fall. The small-cap housing projects developer has an equity capital of Rs 42.88 crore. Face value per share is Rs 10. The current...
Read more

economic times picks

-
CMP: Rs 70.50 Target Price: Rs 90 CLSA Asia-Pacific Markets maintains an 'outperform' on Jagran Prakashan, with a 12-month price target of Rs 90. "An economic slowdown notwithstanding, improving literacy and income levels in Hindi heartland imply that drivers for Jagran's growth are still in place. With a 35% ad rate hike in 2008, Jagran continues to narrow the gap with its more expensive English rivals," the foreign brokerage said in a client note, after a Q&A reply from the management. "Rising newsprint prices have made Jagran cautious on launching new editions in FY09 and its focus this year will be profitability. While management has budgeted for a minor increase in FY10 newsprint prices, it believes that prices are likely to peak in Q2FY08 and decline thereon," it added. Neyveli Lignite CMP: Rs 117.15 Target Price: Rs 160 MERRILL Lynch has maintained its 'neutral' rating on Neyveli Lignite, with a price target of Rs 160 ...
Read more