Wednesday, May 27, 2009

WINNING STROKES: THINK DIFFERENT:
SAAG RR Infra Ltd (BSE Code: 531374) recommended in the morning (today) first to the Paid and then to free Groups, hit the buyer freeze on good volume. But why??!!
As mentioned yesterday in this blog to buy on dips, the market staged a smart come back today. Moreover, as expected the Real Estate/Construction performed well today.
Ennore Coke ltd hit the buyer freeze before cooling down a bit. Please continue accumulating this scrip for some wonderful gains in future.
Prajay Engineers Syndicate Ltd hit the buyer freeze in the opening trade. The stock should move up higher on the back of good business, both from the construction space and Hospitality space (The company is also into Hotel Business, as mentioned earlier).
Glory Polfilms Ltd (BSE Code:532857):
It is a part of the Praksh Kela Group of Industries which has over 25 years of expertise in multilayer polyfilms manufacturing. Glory Polyfilms has a state-of-the art Imported and Indian machines to manufacture high barrier and speciality films and laminates at Daman.
Flexible Laminates: Glory makes a variety of laminated structures for food and non-food applications which are custom designed to give optimum performance at an affordable cost. Its products are used to give barrier and protection to various solids, powders and liquids. The customers have an option of getting printing upto 8 colors in our advanced rotogravure machines having fully auto registration system. Multilayer films: Glory is one of the leading suppliers of 3 layer and 5 layer (Nylon / EVOH based co-extruded films which are used for shelf sensitive products). Its barrier films are individually designed as per the customer specifications and are available in roll form, pouches ,etc. Its advanced rotogravure printing machines having fully auto registration system are designed to give the best possiable results upto 8 colors.
Glory Polyfilms Ltd, mainly caters to the food industry and the FMCG sectors as well as some industrial sectors. Its products find use in the following end use applications :
  • Atta / Flour
  • Confectionary items
  • Coffee
  • Tea
  • Milk
  • Milk Powder
  • Cheese
  • Soft Drink
  • Concentrates
  • Pop Corn
  • Besan
  • RiceBaking
  • ProductsEdible
  • OilGhee
  • Vanaspati
  • Hair Oil
  • Cereals
  • Snack Foods
  • Chocolates
  • Deteregent
  • Shampoo
  • Cosmetics
  • Biscuits and many more......
Clients: Its clients include: Amul, Ruchi, Britannia Industries Ltd, Hindustan Lever, Essel Propack Ltd, Sterling Agro Industries Ltd, Paper Products Ltd, etc.
THIS IS A RISK FREE STOCK TO BUY AT THE CMP OF Rs.29 (Book Value of Rs.34.51) for a target of at least Rs.80-90 in the next few months.
The good point is that it's P/E is only 8.97, while the industry is P/E is whooping 23.62, almost 3 times. The 52-week high and low for the scrip is Rs.208.4/Rs.23.60. Hence the scrip has minimum downslide from here. It serves the need of the Packing industry.
IL & FS Investment Securities Ltd & Mangal Keshav Securities Ltd hold 2.03% and 1.41% shares of the company respectively.

No comments: