Sensex

Tuesday, August 03, 2010

Dividend for 1st quarter ending june 2010

Haryana Leather - Board to consider Final Dividend 
Haryana Leather Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 10, 2010, inter alia, to consider the following:
1. To consider and approve the Annual Accounts for the financial year 2009-10. ...

Rajeswari Found - Board to consider Dividend
Rajeswari Foundations Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 06, 2010, inter alia, to consider the Audited Financial Results for the year ended March 31, 2010 and consideration of dividend for the financial year ended March 31, 2010 and Unaudited Financial Results for the quarter ended June 30, 2010.

Sundaram Clayton - Board to consider Interim Dividend
Sundaram Clayton Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 13, 2010, inter alia, to consider and approve the following:
1. The annual audited financial results for the year ended March 31, 2010. ...

India Gelatine - Board to consider Dividend
India Gelatine & Chemicals Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 11, 2010, inter alia, to consider the following:
1. To consider Un-Audited Financial results (Provisional) for Three Months Ended on June 30, 2010. ...

Lokesh Machines - Board to consider Dividend 
Lokesh Machines Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 14, 2010, inter alia, to consider the follows:
1. The audited financial results for the year ended March 31, 2010 ...

Softpro Sys - Board to consider Dividend
Softpro Systems Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 13, 2010, inter alia, to consider the following matters :
1. To consider and recommend for approval of members, the Audited Financial Results for the year ended March 31, 2010. ...

CCL Products - Board to consider Final Dividend 
CCL Products (India) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 11, 2010, inter alia, to consider the followings:
1. To consider and approved the Balance Sheet and Profit and Loss account for the financial year 2009-10. ...

Elegant Marb - Board to Consider Dividend 
Elegant Marbles & Grani Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 09, 2010 to consider the following matters:
1. To Consider and approve Annual Accounts for the Financial Year ended March 31, 2010. ...

Dolat Invest - Board recommends Dividend 
Dolat Investments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 03, 2010, inter alia, has recommended a Dividend of 5% i.e. Rs. 0.05 per share on 17,60,00,000 equity shares of Re. 1/- each subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.

HB Est Developer - Board recommends Dividend 
HB Estate Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 03, 2010, inter alia, have recommended dividend at the rate of Re. 1/- per equity share (i.e. 10%) for the year ended March 31, 2010.

Gokul Refoils - Board declares Interim Dividend
Gokul Refoils & Solvent Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 03, 2010, inter alia, declared Interim Dividend on of Rs. 0.10 (5%) on equity shares of Rs. 2/- each for the financial year 2010-2011.

Fw: Company Report: Omnitech Infosolutions Ltd – BUY

 
Company Report: Omnitech Infosolutions Ltd – BUY

CMP Rs207, Target Rs250, Upside 21.0%

±  Robust revenue growth to continue; revenue mix to improve

±  Superior margin; to remain resilient going ahead

±  Growth to be self-funded; balance sheet to remain healthy

±  Valuation cheap at 4.6x FY12 P/E despite strong earnings CAGR
 
http://content.indiainfoline.com/wc/research/researchreports/Omnitech_030810.pdf

Fwd: Valuable Stock …. “ NAGARJUNA FERTILISERS AND CHEMICALS Ltd” (BSE Code: 500075) at 31/- Target of 39/-, 75/-, 150/- & 500/-

 

Valuable Stock …. " NAGARJUNA FERTILISERS AND CHEMICALS Ltd" (BSE Code: 500075) at 31/- Target of 39/-, 75/-,  150/- & 500/-

Nagarjuna Fertilisers and Chemicals Ltd Trading in BSE (BSE Code: 500075) and NSE at 31/- .

Presetly Stock Trading at  Cheepest at 31/- Stock in Oil & Gas Sector.

Another Positive Factor is good monsoon this year. This will good news for Fertiliser companies.

Recently NFCL declared Decent Results with Net Income 330 Cr and Net profit of 27.35 Cr Compared to Last year raise 25%.

Nagarjuna Fertilisers and Chemicals Ltd doing Fetliser Business and

NFCL having Availability of Natural Gas at the cheapest Rate in comparison to others for next few decades.

NFCL Plannign to Demerge 2 companies 1. Nagarjuna Fertilisers Ltd and 2. Nagarjuna Oil Ltd. More than 71% stake in Nagarjuna Oil, Only Refinary in Tamilnadu, expected to
be commissioned during 2011-12.

Face Value 10/-;

Book value 24/-

Eps 2.7/-

Dividend 5% to 10% yearly.

Share Holding: Promoters 37.89% (with Foreign Promoters)

Just Consider the following astonishing facts about NFCL and workout it`s worth:

1. Situated at kakinada (land fall point of RIL Gas) in 1130 Acres of land.
2. Availability of Natural Gas at the cheapest Rate in comparison to others for next
few decades.
3. Present Capacity of the plant is 1.6 Million Ton, which requires atleast 7000 Cr.
and 4 yrs of lead time to set up. 7000 Cr. means Rs. 160/- per share for NFCL.
4. New urea policy is going to be investor friendly and will ultimately lead towards Decontrol of Urea. Once de-control NFCL will be a real Gold Mine.
5. Due to Demand & supply Mismatch, huge scope for capacity expansion. Having
ready market for 2.5 Million Ton of Urea compared to 1.6 Million Ton capacity.
6. One of the best Energy Efficient plant with close proximity of Kakinada Port.
7. More than 71% stake in Nagarjuna Oil, Only Refinary in Tamilnadu, expected to
be commissioned during 2011-12.
8. Net Profit of 66 Crore and Cash profit of more than 200 Crore after adjusting
loss in imported urea for marketting purpose.
9. Expected profit from the sell of Carbon Credit.
10. low Promoter`s holding(37%) and most suitable candidate for Takeover by RIL.or Jaiprakash Group.

NFCL got 1130 Acre land at Kakinada(Hot Spot) and 1700 Acres at Cuddalore in a country where economy will remain booming for many years.

Also land value in Kakinada has increased many times in recent years. The proposed petro corridor would extend from Vizag to Kakinada along the coast making the whole stretch a mighty industrial belt (the potential pollution hazard is a different story :))
So the point is once people start looking deeply into NFCL with an eye on its assets,

Imagine a situation after 4 years when along with RIL,other players like ONGC and GSPC will start producing Natural Gas from KG basin and that time NFCL will not be dependent on RIL alone and they may start sourcing natural gas from other players for the sake of better price.So to keep such a bulk consumer in it`s fold and to get entry into the Fertilizer sector which is backward integration for RIL towards it`s foray into agri retail sector,it will be beneficial for RIL to consider to take 28% stake(17.2 crore shares on an enhanced equity of 600 crore) in Nagarjuna Fert @ Rs.160/- per share.This move will be beneficial for both the companies.With this fresh infusion of Rs.2750 crore NFCL will be able to retire it`s entire debt of 1050 Crore and balance 1700 crore will be used to expand their capacity from 1.6 to 4.0 million ton in phased manner on their surplus land of 800 acre at Kakinada. This will increase their turnover from present 1900 crore to 6000 crore and netprofit in the range of 1500 crore to 1800 crore giving an EPS of Rs.25/- to 30/-on an equity of 600 crore.Considering the payment of 80% dividend to NFCL share holders,RIL will be entitled to receive an annual tax free return of 137.6 crores(5 %)on an initial investment of 2750 crore with an assured bulk consumer for it`s KG gas.Once Urea will be decontroled then the future of NFCL will be more promising.Expect a price of 800/- within 3 years.

One can Buy at 31/- for Short Term, Medium Term and Long Term Stock will go 39/- & 75/- and 150/- and 500/-

Its Risk Free Investment at 31/- In future This stock is Gold Mine based on Value of Land and Oil and Gas Availability.

After Demerging of this Nagarjuna Fertilisers and Chemicals Ltd will List 2 Companies Nagarjuna Fertiliserss Ltd and Nagarjuna Oil  Ltd, Stock will go 150/- in Medium term.

As per Oil & gas Business Stock will go to 1000/- Near Future means 5 Years time.

Equity_Research Team

Mumbai



Aptech to consider Dividend

Aptech - Board to consider Dividend  Aptech Ltd has informed BSE that
a meeting of the Board of Directors of the Company will be held on August 12,
2010, inter-alia :

1. To recommend dividend, if any, for the 15 months period ended March 31, 2010.

2. To consider and approve, the Limited Reviewed Financial Results (Standalone
and Consolidated) of the Company for the first quarter ended June ...

  Vipul - Board to consider Dividend  Vipul Ltd has informed BSE that a
meeting of the Board of Directors of the Company will be held on August 14,
2010, inter-alia, to consider recommendation of dividend for the year ended
March 31, 2010.