Friday, November 14, 2014

ARSS Infrastruture Projects Ltd: Result Analysis
ARSS Infrastructure Projects Ltd came out with decent set of numbers for the Q2FY15. The total income of the company for Q2FY15 came out to be Rs.165.16 Cr as against Rs.187.85 Cr in Q2FY14. The net profit of the company came out to be Rs.2.23 Cr as against a net loss of Rs.16.17 Cr in the same period previous year. This gives a basic EPS of Rs.1.50 as against a negative EPS of 10.90 in the corresponding period previous year. For the whole year the company is likely to garner an EPS of Rs.6. The Company's operations predominantly consist of Civil Construction Activities. 

The company is a major player in the Indian Railways Sector and is expected to be a major beneficiary of the current set of the REFORMS undertaken by the NDA government. 

Moreover, the book value of the shares of the company is Rs.239.76, while the market cap is only Rs.68.28 Cr. The P/E of the company is 1.58, against the industry P/E of 27.69. 

The traders can buy the scrip of the company at the CMP of Rs.44.40, for a short term target of Rs.53. 
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