Stocks To Watch – DIC India | Manglam Cement | JMC Projects

by admin on April 25, 2010

DIC India

Rs. 276.00

BSE Code : 500089

India based this company is engaged in manufacturing of printing ink besides machineries, and repo graphic products. It also supplies graphic art related services and prints. During the quqrter ended in March the company has earned the net profit of Rs. 96.22 crore with the sales of Rs. 1243.26 crore that indicates the EPS of Rs. 10.48 which is 3.8 times more compared to its last corresponding year’s EPS. Considering the positive factures like increased demand and attractive results, investors should grab this stock at every dip.

Manglam Cement

CMP – 215.00

BSE Code : 502157

Belongs to Birla group this cement company is most leading player in northern zone. The board of directors has approved the proposal to set up a 17.5 MW thermal power plants in Rajasthan. During the Q3 ended in December, 2009 the operating margin of the company has improved to 30.4 % on 850 points basis. At present the scrip is quoted at 4.1times more based on four quarters. It is the best opportunity to invest in this stock for mid to long term investment.

JMC Projects

CMP – 187.00

BSE Code – 522263

This divercified construction contract company is engaged  in building roads, bridges, as well as industrial construction, housing and commercial constructions. The positive factors like healthy order book and initiatives
of tie up with large cap company for mega projects will definitely drive this company on its progressive path.
At present the company has an order of hefty amount of Rs. 2955 crore in its kitty. During the Q3 ended in December
the sales and net profit of company has increased with 9 % and 43 % growth rate. At present the stock is traded with
11 times more than its estimated income. The best bet to invest for long term.

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