Stock recommendations- Bil energy Systems & Bhagyanagar India

bil energy

Bil Energy Systems

It is a famous company involved in the manufacture of stampings for rotating machines and electrical laminations for transformers. Company has manufacturing facilities in Mumbai. Its installed capacity is 24000 MT for stampings and 12000 MT for laminations. Its sales turn over in the third quarter FY 2012 was near Rs 29 Cr. It reported a sales turnover of near Rs 18 Cr in the third quarter FY 2011. Sales had been increased by more than 50%. Company reported a net profit of near Rs 2 lakhs in the third quarter FY 2012. Its net loss in the third quarter FY 2011 was near Rs 3.6 Cr. It is bitter news for the company.

Market cap of the company is near Rs 125 Cr. Book value is Rs 52.43. Price /Book ratio is 2.32. Company is running in loss. 52 week high by the company is Rs 123. Stock price created the 52 week high on 23 March 2012. The stock price also created a 52 week low of Rs 19 on 23 March 2011. It is a very good company from the power sector.  Aggressive investors can buy this stock around Rs 100. Long term target of the company is Rs 160/.

Bhagyanagar India

It is the flagship company of Surana Group. Company is engaged in the manufacture of telephone cables, copper rods and copper allied products. Company has also investment in both real estate and infrastructure sectors. Company has reported a sale turnover of near Rs 40 Cr in the third quarter FY 2012. Its sales turn over in the third quarter FY 2011 was near Rs 39 Cr. A slight growth can be seen in the sales turn over. Company reported a net profit of near Rs 25 Lakhs in the third quarter FY 2012. Its net profit in the third quarter FY 2011 was near Rs 2.29 Cr.

Market cap of the company is near Rs 100 Cr. Book value is Rs 34.23. Price /book ratio is Rs 0.44. The stock price is trading in a high P/E of 65. Company reported annual sales of Rs 190 Cr in the FY 2011. The company is trading below its annual sales. It is a smart company from the sector. 52 week high and low of the stock is Rs 26 and Rs 13 respectively. Long term investors can consider it as a very good buying opportunity. Long term target is Rs 30/.

Stocks recommended by San Joseph

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