SumanSpeaks: The Information Super Highway

Western India Shipyard Ltd: Few Points Western India Shipyard Ltd came out with Q4FY14 results in this month. Sales declined 44.00% to Rs.5.46 crore in the quarter ended March 2014 as against Rs.9.75 crore during the previous quarter ended March 2013. But the total income of the company was marginally higher in the March, 2014 quarter as compared to December, 2014 Quarter (Rs.5.29 Cr); showing gradual improvements in the company's fundamentals.   Net Loss of Western India Shipyard mounted to Rs 12.12 crore in the quarter ended March 2014 as against net loss of Rs.9.64 crore during the previous quarter ended March 2013. However, if we observe carefully the March, 2014 results we will find that  much of the loss was due to three components basically:  Hire Charges---Machinery (Rs.5.13 Cr Vs Rs..98 lakhs) Bad debts (Rs.4.25 Cr Vs NIL) Interest and other costs (Rs.1.05 Vs Rs.10.06 lakhs) If we take these factors into consideration, then we would ...

IVRCL Ltd (Rs.25. 07): Updates According to Economic Times, 31st May, 2014, the Hyderabad based infrastructure company IVRCL Ltd is planning to raise up to Rs.300 crore in two tranches to fund projects during 2014-15. The company's board, which met on Friday to review its financial results for the fourth quarter and 2013-14, has approved the proposal to raise this amount.  The money will be raised through either a Rights Issue, Preferential Allotment or Institutional Placement. IVRCL Ltd's consolidated loss widened to Rs.853 crore in 2013-14 from Rs.240 crore, in the previous fiscal.  During this period its turnover grew by 10% to Rs.4,945 crore from Rs 4,495 crore in 2012-13. For the fourth quarter ended March 2014, the company's standalone turnover was at Rs .1,217 crore, against last year's Rs.1,494 crore and loss stood at Rs.28 crore, against last year's net profit of Rs 23 crore  Faced with tough business environment including high interest rate...

Marg Ltd  (Rs.19.75): Will Slowly Move towards Rs.89-90 Book Value: Rs.180.91 Market Cap: Rs.75.28 Crore only MARG Limited (formerly MARG Constructions Ltd)  is one of the leading Infrastructure & Real estate Company in south India. MARG was awarded with the prestigious "Excellence in Infrastructure" award at the Construction Industry Awards 2012, Chennai. MARG is focused on achieving holistic regional development, unlocking economic prosperity and creating inclusive & sustainable growth models.  The Company, by itself and through its subsidiaries, is undertaking the development and operation of infrastructure projects in the areas of marine infrastructure, urban and industrial infrastructure, thereby pioneering the development of economic growth centers. It owns and operates a port at Karaikal, Puducherry with handling capacity of 28 MTPA and is also developing a 612 acre special economic zone (SEZ), as a part of MARG Swarnabhoomi - 'The Land of New Thinkin...

TEXTILE: INDUSTRY STRUCTURE AND DEVELOPMENTS The Indian Textiles and Clothing Industry is one of the major sectors of Indian economy and accounts for 4% of Country's GDP, contributes 14% to total Industrial Production and nearly 17% of the total export earnings are contributed by Textile sector. The Industry had invested Rs.2 lakh crore to upgrade and modernize under Technology Upgradation Fund Scheme (TUFS).  The fortunes of the Textile industry improved during FY 2012-13 from the depressing performance of FY 2011-12 which  was caused by variety of external factors. The improvement in performance is due to moderation in cotton prices and stable demand for Yarn/Fabrics backed by consistency in prices. The Union Budget for 2013-14 has given some fillip to Textile Industry through the measures viz. Zero Excise duty route for Ready made garment industry, extension of TUFS in the 12th plan with an investment target of Rs.1,51,000 crore with focus on powerloom sector, all...

WINNING STROKES: THINK DIFFERENT Today's call Kingfisher Airlines Ltd, at Rs.3.42-3.47, hit the upper freeze. Yesterday, I took some shares in the accounts I manage at Rs.3.20, after I found that there are some strong reasons to buy the stock, when afer a long time, the NDA came to power in India. This is a pure POLITICAL STORY. Vijay Mallya, was the working president of the Janata Party, which was merged with the BJP. Hence, the BJP and Vijay Mallya is synonymous. Now on th flip side, though United Bank of India (UBI) has filed a winding up petition against Vijay Mallya- promoted Kingfisher Airlines for failing to retire loans amounting to Rs.336 crore; the case could drag on and on and in between Mr.Mallya could manage the funds. Moreover, though SBI is trying hard to declare declare Vijay Mallya a willful defaulter  on the ground that, the borrower diverted funds which was taken from the bank and not paying up despite having the ability to pay;  it is not that easy to...

Two Stocks: Must Buy (i) Western India Shipyard Ltd (Rs.2.09): Western India Shipyard Limited (WISL), India's largest composite ship & rig repair facility in the private sector, is one of the world's advanced multi-dimensional and multi-purpose yard offering modern, streamlined, sophisticated ship & rig repair facilities and industrial services. WISL's state-of-the-art Floating Dry Dock "westerner" has a capacity to repair ships upto 60,000 dwt and to accommodate ships upto 225m. length and 32.5m. in breadth. The scrip is near its 52-week low price of Rs.1.40 and therefore, accumulate as much as possible and keep holding. The yard has been designed and established in collaboration with world leaders in Ship Repairs. Functionally laid out and built around the gravity centre concept, the yard is 90% covered by lift and carry facilities by Portal/EOT/FDD & mobile cranes. It was taken over by ABG Shipyard Limited, a major shipbuilder with shipbu...

Demand for diesel cars falls as fuel price inches up to petrol  [ Editor : Shareholders in Southern Online Bio Technologies Ltd (SBTL), has much room to cheer; as according to a Mumbai based financial weekly, Diesel Price De-regulation is on the cards. CMP: Rs.8.62] NEW DELHI, 26 May, 2014: Demand for petrol cars has been growing steadily for a while as 58% of cars sold in 2013-14 have gasoline engines. With the price gap between diesel and petrol narrowing rapidly, buyers aren't ready to pay a premium for diesel-fired engines.  According to the latest industry data, diesel car sales have slumped 14% in the financial year ending March this year. What's worse, the fall could be sharper if the Narendra Modi-led government accepts a pending Cabinet proposal for a steep increase in diesel rates by Rs3-4 per litre before aligning its pump prices with market rates and deregulating it completely like gasoline, government and industry officials said. ...

Modis take on textile sector A placebo or reality?    [ Editor : Buy Pradip Overseas Ltd at Rs.5.80, T--Rs.12. The textile stocks generally give return in the 3rd and 4th quarter.  The company should come up with better results from Q1FY15, as it has completed the restructuring of its loans. The Company has undertaken a project to develop Industrial Hub. After implementation of the same the Company will be able to come out of the present difficult situation. It  will take another 1-2 years to get the project completed.  The company said in September, 2012, that the government had allowed it to withdraw from the proposed special economic zone (SEZ), for which it raised around Rs.116 crore though an initial public offer (IPO) in March 2010.  According to the Smart Investor, 28 September, 2012, the company had proposed to established the SEZ over an area of 109.48 hectares. However, in the wake of tepid response from investors and imposition of minimum al...

PVP  Ventures Ltd: Some Information CMP: Rs.8.64 Photo: Deccan Chronicle At PVP Ventures Limited's business presence is spread over urban infrastructure development, media & entertainment and special situations. The company hoped that its efforts will translate into attractive numbers that have begun to emerge during 2012-13 and will become increasingly visible from 2013-14 onwards. Positioning PVP Ventures limited (formerly SSI Ltd) was acquired in the year 2007 (incorporated in the year 1991) and listed since 1995. It has majority ownerships in subsidiary companies and as a result, it is a business entity in its own right and a holding company as well. The businesses of the parent company and subsidiaries are managed by separate teams of professionals. Business   PVP Ventures Ltd operates in three segments – urban infrastructure, media & entertainment and special situations.  In the real estate/urban infrastructure segment, PVP signed a j...

Election results: BJP declares 'new era' for India as Congress concedes defeat [ Editor : Buy PVP Ventures Ltd at Rs.7.60-7.80. With NDA returning to power and TDP in alliance with the BJP, it is now more or less confirmed that Potluri Vara Prasad (PVP), would be given a Rajya Sabha ticket and even could be made a minister for industries. Besides, the company's fundamentals are improving, with its net debt coming down. So, buy the scrip before it shoots away] NEW DELHI: The BJP declared "the start of a new era" in the world's biggest democracy on Friday as the ruling Congress conceded defeat in elections that exposed anger about sickly economic growth and rampant corruption.  Preliminary results and media projections at the climax of the marathon six-week election showed the Bharatiya Janata Party (BJP) and its hardline leader Narendra Modi on track for the first parliamentary majority by a single party in 30 years.  Modi, the 63-year-old son o...