Sunday, 31 May 2015

Capital Trust BSE: 511505 CMP Rs.240.60/-

                     Capital Trust is a micro finance company. Currently it has more than 60 branches which will be increased more in coming years. In April ' 2015 RBI has increased lending limit for the microfinace sector which will be a big boost for the company. Read it in detail here . Recently company has announced bumper result for the March' 2015 quarter.


Capital Trust Ltd
(Rs in Crores)
 Quarter endedYear to DateYear ended
Mar 15 Mar 14 [% Var]     Mar 15 Mar 14 [% Var]  
 Operating Income**10.216.3560.8---37.9817.67114.9
 Other Income---------
 PBIDT8.374.2497.4---28.859.81194.1
 Interest3.982.7942.7---14.156.79108.4
 PBDT4.391.45202.8---14.713.02387.1
 Depreciation-0.030.02PL---0.110.0757.1
 PBT4.421.43209.1---14.592.95394.6
 TAX1.421.0436.5---5.001.36267.6
 Deferred Tax0.17-0.23LP----0.05-0.2378.3
 PAT2.830.62356.5---9.651.82430.2
 

                Company has also announced a maiden dividend of 10% for the financial year 2015. Also company has issued 75 lakh warrants convertible into equity share to its promoter which is a major positive development for the company. One can definitely buy this stock to ride the micro finance boom in India.

Friday, 29 May 2015

JBF Industries Exit Call

          JBF Industries has posted extremly disapointed result for the March ' 2015 quarter. So one should exit from the stock.

http://www.bseindia.com/xml-data/corpfiling/AttachLive/0BD40689_FD70_4A75_86C0_3D1260F377D5_184622.pdf

Monday, 18 May 2015

Odyssey Technologies Update

Odyssey Technologies has posted disappointed result for March 2015 quarter. So one should exit from the stock.


http://www.bseindia.com/xml-data/corpfiling/AttachHis/4B1E84E7_EBF2_438E_BCB4_7BE0B906DECF_184502.pdf

Ashok Alco-Chem (BSE Code:-524594) CMP Rs.205.30/-

               Ashok Alco-Chem has two business divisons

1. Chemicals ( Ethyle Accetate, Glacial Acetic Acid etc.) Divison
2. Mineral (Bauxite, Bentonite, Kaolin etc.) Trading Divison


                        Now Mineral Trading Divison is contributing majority of the profit of the company and in future also it will continue to do that. Government of India's mineral policy will help this company immensely in the coming years. In the Quarter ending March 2015 promoter has converted their warrants which indicates their confidence in the company' future.  Recently company has announced turnaround result for the Q4 of FY2015 and it has announced maiden dividend of 10% for FY2015. On TTM Standalone EPS of Rs.31.55 company is trading on a very cheap PE multiple of 7.  So this stock is a definite buy at the current price.