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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  Small-Cap Steel · Capacity Expansion Story Vraj Iron & Steel at ₹126: A Small Mill Building a Much Bigger Ambition Trading close to book value, backed by a near debt-free balance sheet, and sitting on a freshly-approved ₹450 crore greenfield project in Bastar — Vraj is one of the few micro-caps where the next two years' capacity roadmap is already on paper. India's steel story runs through its infrastructure spend, and Vraj Iron & Steel Ltd (₹126) sits right inside that value chain. At around ₹126, the stock trades close to its book value of roughly ₹125-130 a share, at an earnings multiple near 12x. That is not an expensive tag for a company that has just commissioned new capacity, approved a new rolling mill, and greenlit a large greenfield expansion — all inside the last six months. The bigger story here is not what Vraj ear...
Hindustan Dorr Oliver Ltd was recommended at around Rs.65--Rs.70, range in last February(2007); it is still going strong:Ditto happened for Zigma Software Ltd, which is hitting circuits after circuit: This is what happens if you go for delivery based calls based on fundamenal calls and that too for the medium to long term: Always try to avoid playing for too short term, I know this is very difficult as the temptation is too large....and also please note that Technical Analysis is just one of the many methods to predict the share price movement over a period of time; it is neither sufficient nor absolute. There are 100s of instances where people had to sell their last straw, investing on Technical Calls. So please be careful and invest only when both the Fundamental and Technical analysis concurr...:
Hindustan Dorr Oliver shares rose over 4% on getting an order worth Rs 30 crore from Vedanta Alumina. At 11:04 AM, the Hindustan Dorr Oliver stock was up 4.32% at Rs 131.50 with volume traded at 83397 against two-week average of 2,52,240 shares. The project involves complete in-plant water circulation and distribution piping system and compressed air piping with accessories for their 5 million tonne per annum aluminium smelter plant at Jharsuguda in Orissa. The project is expected to be complete by December. Hindustan Dorr Oliver is already working on a project worth Rs 210 crore with its Chinese partner Chaileco in the Jharsuguda refinery for a fume extraction plant.

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