If you are into IT/Software Sector or say in any sector and can bring overseas contracts (or any domestic business related to the software sector), with a stress on Digital Marketing/Content Writing/Website Development/Reputation Management/SEO/SMM, etc, then you can join me as a partner or associate.
We will give you, the business development portfolio and pay you handsome amounts for your efforts. It does not matter, in which part of the world you are, as long as you can bring businesses. If you are interested, please send me at mail at: suman2005s@rediffmail.com.

Sunday, January 13, 2013

Everest Kanto Cylinder Ltd: Buy
CMP: Rs.29.40
The  book value of the shares of the company is Rs.47.71 and  the Face Value is Rs.2. The company came out with improved bottomline and a slightly subdued topline. The company came out with a net profit of Rs.9.33 Cr in Q2FY13, against a net loss of Rs.13.27 Cr in the same period previous year. Also,  both the OPM and NPM increased substantially. Some of the salient features:
  • One of the largest  High  Pressure seamless cylinder manufacturers globally
  • Widest range from 1 litre to 3000 litre high pressure gas cylinder
  • Total Production capacity of over 1.3 million cylinders per annum
  • Eight Manufacturing plants in India, Dubai, China and United States of America
  • All EKC plants carry ISO: 9001 accreditation for quality management systems.
During the fiscal year, FY12, EKC International FZE, a wholly owned subsidiary of the Company, set up a wholly owned subsidiary in Germany, EKC Europe GmbH. The German subsidiary will be engaged in technology development and in marketing of the products of the other group companies in Europe.As on March 31, 2012, the Company had three wholly owned overseas subsidiary companies, viz., EKC International FZE in Dubai, UAE, EKC Industries (Tianjin) Co. Ltd. in China and EKC Industries (Thailand) Co. Ltd. in Thailand and three step down wholly owned overseas subsidiary companies, viz. EKC Hungary Kft in Hungary, CP Industries Holdings, Inc. in USA, EKC Europe GmbH in Germany and one Indian subsidiary Company viz., Calcutta Compressions & Liquefaction Engineering Ltd. Moreover, the Company
had undertaken wind farm projects at Kandla in the state of Gujarat and Satara in the state of Maharashtra.

Considering all the points mentioned above one can take a short term bet of Rs.32-35-37, with a SL of Rs.26 (exit).
Note: This scrip was recommend to the Paid Service Members and also all those who are trading through my recommended brokerage  house, on 10 th January, 2013. The scrip closed at Rs.30.85 on last Friday, after touching Rs.31.15