EXCELLENT STOCK "VTM LTD" (BSE CODE : 532893) AT 145/- TARGET OF 250/- & 500/-
STOCK : VTM LTD. Trading in BSE CODE : 532893
Equity : 4 Cr
Promoters Holding : 75%
Face Value : 10/-
EPS : 35/- above (As per 20010-11 June Quarter) Estimate d EPS for Full Year above 50/- ( Expansion Income and Wind Power Income will Add)
Book Value: 205/-
Dividend History : 2010 --- 32%; 2009 --- 20%; 2008 --- 10%
Reserves : 79 Cr
Bonus Expecting this year : 1:1
VTM Ltd Having Good Land Bank with this small Equity 4 Cr.
VTM LTD is Established WINDMILL Power generation for 2.1 MW with 11.12 Cr Recently.
VTM Ltd Expanding plans is very Agressive
- During the current year, the Company is expanding its capacity by installation of additional 30 Looms to augment production capacity at a most of Rs. 855 Lacs. This will be met from own sources.
The Company is also adding one more wind mill with a capacity of 2.1 MW at an estimated cost of Rs. 1112 Lacs with financial assistance from bank. This Wind Mill installation is complete and is expected to commence generation shortly.
For 2010-11 June Quarter Posted Net Income of 27 Cr and Net Profit of 3.1 Cr with Equity 4 Cr. As per This EPS is 32/- Annualized But in coming Quarters Expanding Income and Power generation Income will add So Expecting EPS for 2010-11 is 50/-. Stock Trading at 130/- PE just 2.5 Industry PE is 14. As per this Stock will zoom to 500/- levels in 1 year time.
VTM having Lot Expansion Plans in Fututre. Its a Multibagger stock. Just buy and hold 1 year wil get 5 to 10 times Return like SE Investments Ltd (This Stock I have Recommended at 175/- levels after that reached 1200/- levels including Bonus and Split).
Lot of Accumulation is going on in BSE by Company circle people and operators Because Company engaged in WindPower Generation, Textiles; stock has good valuable at 130/- and less Equity 4 cr. Having Reserves 79 Cr, Good Dividend Paying 32% and Book Value 205/-.
Company having lot of Expansion Plans in future; Its Multi bagger stock in Future.
VTM LTD bring six decades of expertise to the fabric manufacturing business. VTM expertise has been honed by investments in the three pillars that form the edifice of business: people, infrastructure and technology. This consistent investment has in turn allowed us to reap the benefits of being in tune with the evolving demands of the textile industry.
VTM manufacturing unit is located at Virudhunagar, South India, a well- connected destination through rail and road. Virudhunagar is also centrally located to the cream of yarn manufacturers and thus gives us the benefit of a relentless supply of raw material for our process.
270 state-of-the-art looms take pride of place in manufacturing unit. 132 Sulzer machines, 135 Air jets and 3 Jacquard machines work in tandem to produce 1 million metres of fabric every month.
VTM specialise in the manufacture of grey weaving requirements for both the export and domestic markets. VTM Limited, we are also equipped with adequate equipment to cater to special fabric manufacturing in fine counts and complex specifications.
Close to 600 people work to realize our vision of gaining lead position in fabric manufacturing. The team is headed by a visionary management that has taken the pedigree of VTM Limited to different facets of garment manufacturing.
VTM Limited, we have relentlessly capitalized on the growing dominance of India and Indian cotton in the world markets and its emergence as a premier fabric and garment manufacturing destination.
VTM having Lot Expansion Plans in Fututre. Its a Multibagger stock. Just buy and hold 1 year will get 5 to 10 times Return like SE Investments Ltd (This Stock I have Recommended at 175/- levels after that reached 1200/- levels including Bonus and Split).
Positive Points for this stock for Up moving:
1) Company is in Wind Power Generation and Textiles Business; company Circle people and Operators are accumulating at current price. Because Company Stock Good Value at 130/- Good Profit making company and Book Value at 205/- and Good dividend paying company.
2) Equity is very small at 4 Cr promoters Holding 75%
3) Company recently Established Windmill with 2.1 MW with 11.35Cr.
4) Good Profit Making Company for 20010-11 EPS 33/- Annualised and Expecting EPS for full year is above 50/-because Expansion income and Power Generation Income will add next Quarters.
5) Company having Good Reserves 79 Cr with Equity Just 4 Cr and Good Land Bank.
6) Company having lot of Expansion Plans in WindPower .
7) Bonus Expecting This year 1:1
8) FII's Eyes in this stock. If they will start buy Stock will zoom to 1200/- levels like SE Investment.
9) Risk Free at Current Market Price, Its very Cheap price Trading at 130/- Compare to companies Reserves, Assets and Value and Equity and Profits and Future Plans and Wind power Generation.
Happy Invest ……….. Good Fundamentals and will give good returns from 100% to 500% returns with short and medium terms and Long terms.
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