QueryBoard
Sagar Bhosale / 12 Oct 2017
The company serves domestic, industrial as well as commercial users. It owns and operates over three thermal power plants generating around 1,120 megawatts of power.
I bought 80 shares of GVK Power & Infrastructure at Rs.12.10 per share. Should I hold it or sell it off? - Upadhyaya Sreenivasa
GVK Power & Infrastructure operates in energy, airports, transportation businesses majorly and also has a growing presence in businesses such as resources and urban infrastructure. The company is involved in power generation, development, operation and maintenance of power plants, roads and airports.On the financial front, GVK Power & Infrastructure witnessed a 4.85 per cent rise in its net sales to RS.7.14 crore in the first quarter of FY18, as against RS.6.81 crore in Q1FY17. The PBIDT of the company grew 107.99 per cent to RS.3.99 crore in Q1FY18, as against loss of RS.49.91 crore in Q1FY17. The PAT of the company increased 113.26 per cent to RS. 6.77 crore in the first quarter of FY18 as compared to the same quarter of the previous fiscal. On the annual front, the net sales of the company increased 3.61 per cent to RS.28.16 crore in FY17 versus RS.27.18 crore in the previous fiscal. However, the PBIDT of the company declined by 166.24 per cent to negative RS.257.67 crore as compared to the previous fiscal. The PAT of the company also fell by 119.32 per cent to a loss of RS.271.01 crore in the financial year 2017 as against the previous fiscal. The company had posted a loss of RS.123.57 crore in FY16 as well. The government's growing inclination towards realty and infrastructure is likely to carve a strong growth momentum for the company, so we recommend the reader-investors to HOLD the stock.
ASHOK LEYLAND
Should I buy Ashok Leyland at the current price? I am a long term investor. - Sohan Barhate
Ashok Leyland is engaged in the business of manufacturing and marketing commercial vehicles and components. The company has operations in Sri Lanka, Bangladesh, Mauritius, the Middle East and Africa, apart from India. On the financial front, Ashok Leyland posted a slight decline of 0.37 per cent in its net sales to RS.4,514.39 crore in the first quarter of financial year 2018 on a yearly basis. The PBIDT of the company declined 37.06 per cent to RS.303.40 crore in Q1FY18 as against RS.482.03 crore in the same quarter of the previous year. The profit after tax of the company declined 61.75 per cent to RS.111.24 crore in Q1FY18 as against RS.290.78 crore in Q1FY17. On an annual basis, the company posted a 6.70 per cent rise in its net sales to RS.21,331.67 crore in the financial year 2017, as against RS.19,992.97 crore in FY16. However, the PBIDT of the company declined 2.31 per cent to RS.2,202.54 crore in FY17 on a year-on-year basis. The profit after tax of the company rose massively by 213.93 per cent to RS.1,223.08 crore in FY17 as compared to RS.389.60 crore in the previous financial year. Post-GST, the auto sector has recorded strong performance. The company is likely to benefit from the growth conducive environment. The company has also recorded an upward bound movement on the bourses. We recommend the reader investor to BUY the stock.
ORIENT PAPER
Kindly let me know the future of Orient paper? Is there any news of its demerger? Should I Hold or Sell? - Vinit Sakhuja
Orient Paper & Industries Limited is engage d in the business of manufacturing pulp and paper, electric lighting equipment as well as electrical fans. The company operates in various segments, including paper, electrical consumer durables, among others. In the paper segment , the company is engaged in the manufacture and sale of pulp, paper and board, and chemicals.
In the electrical consumer durables segment, the company is engaged in manufacturing/purchasing and sale of electric fans, including ceiling, portable and airflow, as well as components and accessories thereof, lights and luminaries, household appliances and switch gears.
On the financial front, Orient Paper & Industries witnessed a 60.92 per cent rise in its net sales to RS.155.23 crore in the first quarter of FY18, as against RS.96.46 crore in first quarter of the previous year. The PBIDT of the company rose to RS.21.12 crore in Q1FY18 as against PBIDT of RS.- 7.54 crore in Q1FY17. The profit after tax of the company increased to RS.8.26 crore in the first quarter of FY18 against a loss of RS.10.97 crore in the first quarter of the previous fiscal.
On an annual basis, Orient Paper & Industries witnessed a rise of 3.43 per cent in its net sales to RS.1,995.25 crore in FY17 in comparison with the net sales in FY16 . The PBIDT of the company grew 31.01 per cent to RS.130.30 crore in FY17, as against RS.99.46 crore in FY16 . The profit after tax of the company increased 140.68 per cent to RS.50.59 crore in FY17 as compared to RS.21.02 crore in the previous fiscal. There has been no confirmation by the company regarding the prospect of a demerger. The company has maintained a TTM PE ratio of 36.10x in line with the industry PE stood at 32.97x. Meanwhile, the company 's peers JK Paper and Emami Paper maintained a TTM PE of 9.92x and 50.03x, respectively. The stock is likely to provide good returns on the bourses. We recommend the reader-investors to HOLD the stock.
HIMACHAL FUTURISTIC COMMUNICATIONS
I bought 100 shares of Himachal Futuristic Communications at RS.21.35 per share. Should I hold it? - Goteti Srinivasarao
Himachal Futuristic Communications operates as a telecom infrastructure enabler. The company's operations involve infrastructure development, system integration, and manufacture and supply of telecom equipment and optic fibre cable (OFC). The company's segments include telecom products and turnkey contracts and services, among others. The company's turnkey inbuilt systems are used for underground metro stations, tunnel coverage, hotels, malls, government offices and airports provides professional engineering services, including installation and commissioning services, for the deployment of the optical transport network.
The company offers a variety of OFs, including aerial cables, armoured cables and micro cables. The company's telecom equipments include microwave radios, and electronics, such as telecom power, battery management and solar. Further, It also provides solutions for telecom networks, such as in-building, OFC and optical transmission; for railway's telecom network, as well as for cities.
On the financial front, Himachal Futuristic Communications recorded a 62.94 per cent hike in its net sales to RS.903.71 crore for the first quarter of FY18 as against RS.554.62 crore in the first quarter of the previous year. However, the PBIDT of the company dropped 13.09 per cent to RS.54.05 crore in Q1FY18 as against RS.62.19 crore in the first quarter of FY17. The company's PAT also declined by 44.50 per cent to RS.25.63 crore in Q1FY18 as against RS.46.18 crore in Q1FY17. On an annual basis, the company's net sales declined by 21.58 per cent to RS.2,241.44 crore in FY17 as against RS.2,858.37 crore in FY16. The company's PBIDT decreased 44.20 per cent to RS.178.49 crore in the fiscal year 2017 as against RS.319.86 crore in the previous fiscal. The PAT of the company declined 17.77 per cent to RS.123.72 crore in FY17 as compared to RS.150.45 crore in the previous fiscal. The stock is on a growth momentum. We recommend the reader-investors to HOLD the stock for the short term.
CESC LIMITED
What is the future of the company? - Hans Raj Sakhuja
CESC Limited is an integrated electrical utility and holding company. The company is engaged in the generation and distribution of electricity across nearly 570 square kilo metres of licensed area in Kolkata and Howrah in West Bengal. The company operates in segments including power, generation and distribution of electricity; organized retailing,property development and process outsourcing, including business process outsourcing.
The company serves domestic, industrial as well as commercial users. It owns and operates over three thermal power plants generating around 1,120 megawatts of power. The thermal power plants include Budge Budge generating station, southern generating station and Titagarh generating station. The company operates in retail, business process management and infrastructure sectors through its subsidiaries . It has business operat ions in India, the United Kingdom, United States, Canada and other parts of the world .
On the financial front, CESC Limited witnessed a 8.55 per cent increase in its net sales to RS.2,184 crore in the first quarter of FY18 on a year-on-year basis . The PBIDT of the company increased marginally by 0.49 per cent to RS.413 crore in Q1FY18, as against RS.411 crore in Q1FY17. The profit after tax of the company increased 2.30 per cent to RS.178 crore in the first quarter of FY18, as against RS.174 crore in the first quarter of the previous fiscal.
On an annual basis, CESC Limited witnessed a rise of 6.24 per cent in its net sales to RS.7,220 crore in FY17, as compared to RS.6,796 crore in FY16 . The PBIDT of the company grew 3.84 per cent to RS.1,811 crore in FY17 as against RS.1,744 crore in FY16. The profit after tax of the company increased 2.13 per cent to RS.863 crore in FY17 compared with RS.845 crore in the previous fiscal. The company has made no announcements regarding its demerger recently. We recommend our reader investors to Hold the stock.
PAGE INDUSTRIES
I am holding 10 shares of page industry at A price of RS.18400 should I hold it for a long term prospective - Ankush mudra
Page Industries Limited is engaged in the business of production and trading of garments. The company offers a wide variety of knitted garments for men, women and children. The company manufactures , distributes and markets Jockey products and also holds a licence of SPEEDO, an international brand for swim wear.
The Jockey brand is available in over 1400 cities and towns through exclusive brand outlets (EBO), large format stores (LFS), multi brand outlets (MBO), traditional hosiery stores and multi-purpose stores across India. The company also has a strong presence in the United Arab Emirates and Sri Lanka. The SPEEDO brand under the company is available in over 1060 stores, including about 150 LFS across approximately 110 cities and over nine EBOs.
On the financial front, Page Industries witnessed a 22.45 per cent rise in its net sales to RS.696.89 crore in the first quarter of FY18 on a year-on-year basis . The PBIDT of the company grew 2 4.98 per cent to RS.136.51 crore in Q1FY18, as against RS.109.23 crore in Q1FY17. The profit after tax of the company increased 25.54 per cent to RS.85.30 crore in the first quarter of FY18, compared with RS.67.95 crore in the first quarter of the previous fiscal.
On an annual basis, Page Industries witnessed a rise of 18.70 per cent in its net sales to RS.2,132.06 crore in FY1 7 as against RS.1,796.24 crore in FY16 . The PB IDT of the company grew 10.14 per cent to RS.413.22 crore in FY17 as compared to RS.375.18 crore in FY1 6 . The profit after tax of the company increased 15.01 per cent to R s 266.28 crore in FY17 as against RS.231.52 crore in the previous fiscal.
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