The company has sound fundamentals and the scrip is available at a pe of 3.5 against the industry average of 10.71. Moreover, it is establishing a new cement plant with 1.5mmt capacity at a cost of 750cr of which 350cr will be from internal accruals. This also includes a 17.5 MW thermal power plant. All this is scheduled for completion in 18 months. This is a B K Birla company.
Completely agree...Looks undervalued when compared to larger companies in the cement sector.
Stock Comment
|
TOP INVESTOR
- kkoppikar
- Rank: 5 of 14878
- Picks: 40
- Accuracy: 75.0%
- Stock Returns per pick: 98.3%
- Excess Returns per pick: 57.0%
- View all picks by kkoppikar
- View picks by TOP MEMBERS
TOP BLOGS
- Credit Growth at 15%
by DEEPAK SHENOY
Comments (3) | Recs (6) - A delisting idea – Sulzer india
by ROHIT CHAUHAN
Comments (0) | Recs (4) - Retail Investors continue to be pessimist about IPOs: WHY??
by NIKHIL CHANDNA
Comments (2) | Recs (9) - Direct Tax Code: Book Profits and Buy Back?
by DEEPAK SHENOY
Comments (0) | Recs (7) - Close watch at the game of fame: Fame Game
by NIKHIL CHANDNA
Comments (1) | Recs (2) - Home Improvement for your portfolio…
by KAILASH KOPPIKAR
Comments (0) | Recs (9) - Budget 2010: Sector Impact
by DEEPAK SHENOY
Comments (0) | Recs (5) - Company analysis - Sesa Goa
by ROHIT CHAUHAN
Comments (0) | Recs (7) - Post Budget: Stocks to watch for
by NOORESH MERANI
Comments (0) | Recs (5) - Interesting features of the budget speech
by AJAY SHAH
Comments (1) | Recs (5) - Key amendments announced in the Finance Act, 2010
by NIKHIL CHANDNA
Comments (0) | Recs (6) - PASS on United Bank IPO
by TEJASVI MOHANRAM
Comments (3) | Recs (9) - ICICI Bank – Past EPS Growth is Ridiculously Low
by DEEPAK SHENOY
Comments (0) | Recs (6) - Bharti Airtel At Important Support Line
by DEEPAK SHENOY
Comments (2) | Recs (6) - Implications of the Hang Seng ETF traded in India
by AJAY SHAH
Comments (1) | Recs (7)