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Showing posts from 2011

How to pick potential stocks

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Investment tips: How to pick potential stocks 18 Dec, 2011, 0546 hrs IST , Kavita Sriram , ET Bureau After the correction, the markets have almost reached the bottom. Perhaps, this may be the ideal time to add some new stocks to your basket. Here are some popular stock-picking strategies: Bottom up investing Here, the investor filters stocks of companies that have inherently strong fundamentals . Companies are evaluated for strength and efficiency of the management team as well. The ability of the management team in strategic decision-making and building value is a significant contributor to a company's growth. In a bottom up investing approach, it must be noted that the investor picks a company's stocks based on its performance and fundamentals and not on performance of the sector. Historical performance of the company and its growth prospects also help assess it. This approach is usually considered a narrow strategy where the broader economic climate and ind...

CIPLA

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Investment Focus - Cipla: Buy Srividhya Sivakumar   November 26, 2011: Investors looking for long-term additions to their portfolio can use the ongoing market correction to accumulate the stock of Cipla. Improving financial performance, better utilisation of its newly set up manufacturing facility at Indore SEZ, besides promising growth prospects make the stock an attractive investment bet. At the current market price of Rs 316, the stock trades at about 20 times its likely FY13 per share earnings. This seems justified considering the company's strong generic pipeline, entry into bio-similars and the likely commercialisation of its CFC-free inhalers in the next couple of years. A manageable debt on its books is also a positive. In the quarter ended September 2011, Cipla reported a 10 per cent increase in sales to Rs 1,732 crore and 17 per cent increase in profits to Rs 309 crore. While its domestic business grew by about 12 per cent (48 per cent of total sales), exports...

ALOK INDUSTRIES--BUY

November 12, 2011: A varied product mix, backward integration, strong export standing and low valuations make the stock of Alok Industries a good bet in the textile space for investors with a 2-3 year perspective. At Rs 20, the stock trades at four times trailing four-quarter earnings, at a steep discount to closest comparable Bombay Rayon Fashions. Ranged presence: Over the past two years, Alok has gradually brought polyester yarn into its product offering to diversify out of its cotton concentration. In international markets, man-made textiles have a stronger presence than natural fibres such as cotton. In the first six months of this financial year, polyester accounted for as much as 36 per cent of revenues. It also deepened product lines; for instance, it introduced terry towels in the home textiles segment. Alok's product range includes apparel fabric, garments, home textiles, and polyester and cotton yarn. Alok derives about a third of sales from exports. While the biggest...

TTK Prestige has managed to create a buzz in the pressure cooker silo

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High On Pressure TTK Prestige has managed to create a buzz in the pressure cooker silo Venkatesha Babu TEXT SIZE : A | A | A TOOLS e-mail this story print view view only pictures story in single page share "Irrespective of economic conditions, we will continue to grow as we sell every day utility stuff” says T.T. Jaganathan chairman of TTK Group (Photographs: Jagadeesh NV) RELATED STORIES Y ou would think it would be difficult to innovate with something as mundane as a pressure cooker. But, challenged by new appliances that not only looked better but also cooked faster, the 56-year-old company, TTK Prestige, has picked up the gauntlet. It has come out with a microwave pressure cooker, Microchef. The new product, launched in 2011, showcases TTK’s makeover drive. For decades, the company had been selling seemingly-unchanged kitchen items such as pressure cookers, pots and pans along with kitchen electrical items....

Catch Them Young

Small companies with robust financial performance could be multi-baggers of future Equities can deliver flying returns in a matter of days or investors have to wait patiently for years. They have the ability to outperform other asset classes in the medium to long term. Among the different categories of stocks, the best returns are provided by small- and mid-cap companies. Small but well managed companies can graduate to the mid-cap category and become large-cap companies. The natural progression is based on robust financial performance on continual and sustainable basis. Small companies are a must in the portfolio of investors looking to earn spectacular returns. Infosys Technologies, Cipla and Wipro started as small-cap stocks and graduated to the large-cap category over a decade. There are many such examples. More small-cap companies now have the potential to become big looking at the country's promising long-term future. An economic growth rate of over 6% is almost given in t...

TTK Prestige gains on acquisition buzz

TTK Prestige rose 3.50% to Rs 2,622 at 10:45 IST on BSE, on reports that the company is set to buy the ailing Indian unit of Italian firm Bialetti. Meanwhile, the BSE Sensex was down 26.70 points , or 0.16%, to 16,671.37. On BSE, 14,000 shares were traded in the counter compared with average volume of 28,000 shares over the past two weeks. The stock hit a high of Rs 2,628 and a low of Rs 2,510.15 so far during the day . According to reports, Bialetti's Indian unit, Triveni Bialetti Industries, will help TTK Prestige expand production capabilities. TTK plans to merge the entity with itself before the year ending March 2012. TTK Prestige has almost sealed the takeover for about Rs 25-30 crore, reports added . Reports suggested that Triveni Bialetti has a state-of-the-art, automated manufacturing unit in Khardi in the Mumbai suburbs, which caters to Indian and global markets . TTK Prestige's net profit rose 58.1% to Rs 25.34 crore on 60.4% rise in sales ...

How to analyse a company

Over the past few weeks, we have, in this column, explained facets of fundamental analysis. But where, as some of our readers have asked, is the information on financials, corporate plans and histories required to analyse a company, available? Here's listing a few sources you can tap for the same. Announcements and reports The first source would be the documents and updates that companies themselves put out. Take the annual report. These are usually treasure troves of information on financials, material developments through the year, management strategies and outlook. The how-to guide for reading annual reports has previously been detailed in this column. An added bonus in annual reports is the industry analysis, which appears in the Management Discussion and Analysis segment. Next, companies routinely make announcements about their operations such as orders secured; clients added, deals signed, mergers and acquisitions, and so on. Reading up on these will allow you to keep track ...

TTK Prestige - Surging on the back of growing consumerism in India !!

      Almost each and every person is aware about the Trend, Momentum & Growth in TTK Prestige. Few years back it was called as penny stock and at current levels company has given so much of return to its investors. Now it is called as a very promising stock by general investors. Professionals followed it at a very early stage. Stock has appreciated almost 1600% in 18-19 months. If you don't want to miss the opportunity then do subscribe to professionals to get the best at the very early stage. Let me talk about the company that how it maintained its growth momentum in the recent years.     The company is floated under the arms of TTK Group, it has emerged as India's largest kitchen appliances company catering to the needs of home makers in the country. It is one of the world's largest manufacturers of Pressure Cookers and it has been forefront in introducing several innovations like Gasket Release System (GRS), Gasket Offset Device (GOD) and Double Locking S...