Praj Industries : (Code : 522205) Praj Industries. India’s leading bio-fuel company, supplies innovative solution for waste water treatment, bravura plants and bio-ethanol bio-diesel. This global company successfully established itself in bio-fuel market . company has Rs. 800 crore of order in its kitty. Since the fuels like petrol, gas and oil becomes more and more expensive day by day, it can be presumed that demand for alternate fuel will definitely shore up in a near future. AT CMP, the stock is trading at PE multiple of 14 on an estimated EPS of Rs. 8.8.
Binani Cement : (Code: 532849) Based in northern states, Binani Cement is a leading cement company which has very strong production capacity of 6.5 millions MPTA. Apart from the cement segment, company is also looking forward to realty sector and for developing IT park. Its sales increased to Rs. 1359.20 crore with 36.98 % rise and EBITDA increased to Rs. 45.10 crore with 14.43 % hike, and it could earned net PAT to hefty amount of Rs. 265 crore with 199 % rise. If company’s realty story proves positive, then it will be huge benefit. Considering all these positive factors, investment for medium term can get good returns.
Indraprastha Gas (Code : 532514) This leading Gas supplier company is owned by Gas Authority of India (Gail) and Bharat Petroleums. The Company, that sales 2.2 millions standard cubic meters Gas on daily basis, has recently completed its ten years of business. During Q3 ended in December net profit of company has increased to Rs. 46.2 crore with sales of Rs. 3861.1 crore. Considering a long term strong growth story of the company investor can invest with patience in this scrip for, of course, long term.
Petrone LNG (Code : 532522) The company, indulged in liquefied natural gas business, is a leading company of India’s fast growing natural Gas sector. Constantly increasing demand of LNG will definitely prove the bright future for the company. During the period between 2005 to 2009 company has recorded attractive top line as well as bottom line growth which quietly indicates its bright future. Considering the increasingly growing demand of LNG at home front, investor can invest at every dip.
Andhra Bank (Code : 532418) :- So far as the investment in banking sector is concerned, it can be said that this is really a very attractive scrip for investment. Robust profitability ratio, stable margin and constant progress in operating efficiency are the compelling reasons for buying this stock. The bank not only holds the 91% higher capital adiquacy ratio, it is also increasing its branch numbers. For last so many quarters its net interest margin is also steadily growing. At present the scrip is traded at level of 4.5 multiple and at the book value of 1:1. Investors can add this scrip in their portfolio for midum term perspective.
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