Sensex

Thursday, July 08, 2010

Fwd: Stock of the Week “ITL INDUSTRIES LTD” (BSE Code:522183) at CMP Target 165/- & 350/-



---------- Forwarded message ----------
From: Equity Research <equity.research4u@gmail.com>
Date: Thu, Jul 8, 2010 at 6:14 PM
Subject: Stock of the Week "ITL INDUSTRIES LTD" (BSE Code:522183) at CMP Target 165/- & 350/-
To: Free Intraday Tips on Indian Stock Market <free-intraday-tips-on-indian-stock-market@googlegroups.com>


Stock of the Week "ITL INDUSTRIES LTD"  (BSE Code:522183) at CMP
Target 165/- & 350/-
ITL INDUSTRIES LTD Trading in BSE (CODE: 522183) at CMP Target 165/-
this month; 3 Months Target  is 235/-;

ITL INDUSTRIES LTD small company, but fantastic result. a technical
collaboration agreement with KASTO Maschinenfabrik GmbH Germany for
manufacturing state-of-the-art High Speed Power Hacksawing Machines in
India, with a buy back arrangement also..............................
Promoter stake increased last few years.
Bonus Expecting; Immediate Target is 165/-; Target for short term is
235/- and Target for Medium Term is 500/-. Everyone will buy atleast
Small Qty shares in Portfolio will get 5 times return in 1 to 2 year.
This Stock is going to another Lakhsmi Machines works Ltd in Future.

Expecting some positive news very soon!!!! Accumulate as much as you
can at current level with Target of  165/- Soon; No risk at CMP
because Its very Valuable at present rate. EPS 24/- and Expecting EPS
is 37/-
Equity 3.25 Cr (small Equity).
Face Value 10/-
Promoters Holding 45.9%
Book value 49/-
Reserves 12 cr (Per share 40/-)
Last Quarter Results (March 2010) is Net Income 20.58 Cr and NetProfit
is 1.89 Cr as per EPS 24/- (Annulised) as per this Trading with PE
just 3 .
 For 2009-2010 Total Income 69 Cr and NetProfit was 5.19 Cr EPS was
15.98 as per this PE just 4.5.
Avarage PE for this Industry is 23.
As per this Stock will go 500/- for Medium term.Because company doing
good and Business mode also good. And company giving every year good
dividend.
ITL reported 2009-10 EPS of Rs.15.98. For the full year ended March
2010 company posted a net profit of Rs 5.2 Cr as against just 1.18 Cr
posted in same period last year. Performance is really good and
further upside is fantastic.
Quarter 3 and Quarter 4 Results was very Fantastic Net Profit 1.9 Cr
and 1.89 Cr EPS Rs. 24/-  Annulaised. As per this Stock will go
minimum 250/- and 500/-.

ITL Industries Ltd will give Bonus in this year and stock split also
soon like SE Investment Ltd ( I have gvien call for SE Investment Ltd
at 175/- levels with 10/- face Value after that reached 900/- above
within 3 months time company given Bonus and Stock Split). Same thing
happening in ITL Industries also Stock will go 500/-++++++ after
resease the news Bonus and Stock Split. If u hold 1 to 3 months u
willg et minimum 50% to 500% return.

Market will very Strong in this month NIFTY will go 5450 and Sensex
will tocuh 17,980, Now Buy Midcaps, Soon will come Midcap rally, Buy
Good Fundamental stocks like ITL Industries Ltd. Risk free Investment,
Good Valuable stock at CMP with target of 165/- and 235/- soon.

All Bulls are accumulating slowly at CMP because Equity is small and
company running very good, EPS 15.95/- for 2009-10 but Last 2 Quarter
Annualised EPS was 24/- and Expecting EPS for 2010-11 is 37/- as per
this stock tarding with just 2.5 But Avarage PE for this Industry was
23, As per this Stock will go 500/- +++ in Future, based on this
Target Price All Bulls and Funding Companies and Associates
accumualting slowly.
ITL Industries Ltd was established in 1986 as a commercial Tool Room
to cater to the needs of local engineering industries. Since then, it
has become the pioneer and leader in high speed sawing technology and
has established itself in domestic and global market as an innovative
and reliable metal cutting solutions provider. In 1999, ITL ventured
into a completely new segment of Pipe and Tube machine manufacturing
where micron and metallurgy is of utmost importance and started
manufacturing Tube and Pipe Mills, Section Mills, Straightening
Machines, Draw Benches, Automatic Cut-offs, Accumulators etc. Today,
it offers 60 different models of bandsaw machines ranging from 100 mm
to 1500 mm cutting capacity with manual, semi-automatic, automatic and
fourth generation CNC machines. Apart from saw machines, ITL is also
making Industrial Blades, Power Hackshaw Machines, Special Purpose
Machines, Hydro Testers, lubricants and other supporting equipments.
It is also engaged in the trading of hydraulic power packs and
hydraulic presses.
From being the sole manufacturer of India's first 100% indigenously
designed and developed High Speed Double Column Band Saw Machine, ITL
has recently developed and manufactured India's first high Speed CNC
Circular Sawing Machine which has been well-accepted by most
engineering companies. With its technical tie-up with a Kasto
Maschinenfabrik GmbH Germany, ITL manufactures three models of Kasto
Sawing Machines with cutting capacities 250 mm and 400 mm diameters in
India. Today, ITL has become the hub for Tube Technology for leading
manufacturers as it has technical know-how from USA, Europe and Japan
through which it offers state-of-the-art equipment crafted by a highly
experienced technical team. Its clientele includes biggies of auto and
engineering industry including BHEL, Bharat Forge, Escorts, Hero
Honda, L&T, Tisco, Kalyani Group, ABB apart from Defence, ISRO and the
Ordnance factories. With an outlet in USA, ITL has established itself
as a reliable qualified vendor to world leaders in engineering with
exports to Europe, Middle East and South East Asian countries. It
regularly participates in events, Trade Exhibitions in India and
abroad and is set to appoint 5 dealers, one each in UK, Poland,
Germany, Turkey and South Africa to capture a share of the export
market.
With a healthy order book position and due to the ongoing boom in the
engineering and capital goods sector, ITL is expected to perform much
better in coming years making it a solid bet for the medium to long-
term. For FY11, ITL is expected to report a turnover of Rs.115 cr. and
NP of Rs.13.9 cr. i.e. EPS of around Rs.45 on its equity of Rs.3.23
cr. The company is expected to declare a dividend of Rs.2 which works
to a yield of about 3%. For FY12, it can post sales of Rs.135 cr. and
NP of Rs.15.7 cr. i.e. EPS of Rs.53/- and the dividend is expected at
Rs.3. In spite of such strong fundamentals, the scrip is available at
a market cap of Rs.24 cr. and is trading at a PE of less than 4
against its FY10 earning. Investors are strongly recommended to buy at
current levels as its share price can double in 2 months and 5 times
in 15 months.
ITL is hub for Tube Technology of leading manufacturers technical know-
how from USA, Europe and Japan and offers state of the art equipment
crafted by highly experienced technical team from Dee Tee industries
Indore and Technomac Engineers Ghaziabad.
With the outlet in USA, ITL is entering into global market rapidly and
established as a reliable qualified vendor to world leaders in the
engineering fields.
Customers include Steel Plants, Forging Industries, Defense
Establishments, Railways Workshops, Bharat Heavy Electrical Units,
Steel Tube Plants, Research Organizations like BARC, NFC, DMRL, ISRO,
MIDHANI and HINDALCO etc.

Company Address:
ITL Industries Ltd; 111, Sector -B, Sanwer Road,, Indore, Madhya
Pradesh - 452015 (India).

CRISIL - Certificate:
we have been awarded with NSIC – CRISIL rating Certificate for Highest
Performance Capability & Moderate Financial Strength.
Regard,
Equity Research Team
equity_research4u@yahoo.com
 


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