(Reuters) - Sistema's (SSAq.L<http://in.reuters.com/finance/stocks/overview?symbol=SSAq.L>) Indian mobile phone unit, the sole participant in a sale of cellphone airwaves in India, won airwaves in eight telecommunication zones for 36.39 billion rupees, two sources with direct knowledge said.
Sistema Shyam TeleServices, which saw its permits revoked in 21 service areas after the Supreme Court ruling due to a scandal-tainted process in 2008, had earlier said it would cease operations in 10 zones and bid in select areas. On Sun, Mar 10, 2013 at 1:32 PM, Shashikala Waghmare < [email protected]> wrote: > *D*eepak Nitrite can move to about Rs 320 in next 12 months, says SP > Tulsian, sptulsian.com. > > Tulsian told CNBC-TV18, " Deepak > Nitrite<http://www.moneycontrol.com/india/stockpricequote/chemicals/deepak-nitrite/DN> > is leading maker of organic, inorganic, fine and speciality chemicals. > Lately this company has moved into high margin products, which are catering > to pharma, rubber, colourants and imaging products, paper products and so > many other industries where this chemical is used." > > He further added, "They have five plants in India predominantly in > Gujarat, Karnataka and Maharashtra. If I go by their financial performance > for nine months, they had posted a top line of Rs 710 crore, while this was > at Rs 790 crore for whole of FY12. However, the operating profit is > remaining same for both the periods. For nine months the operating profit > is at Rs 37 crore, which was also at Rs 37 crore for whole of FY12." > > "What I liked about the company is that they have improved their profit > after tax (PAT) because of control on cost and all that. And EPS has been > at Rs 27 for nine months against Rs 22 for whole of FY12. Company paid a > dividend of 60 percent for FY12. So if I go by the present trend the EPS of > Rs 27, which they have posted for nine months has been identical in all > three quarters closer to Rs 8.50 to about Rs 9.50." > > "One can safely assume that the company is likely to post an EPS of closer > to Rs 8 at least for Q4 which will take the EPS to about Rs 35 for FY13. > However, now the focus has shifted on high value high margin products, I am > expecting the company to post an EPS of Rs 40 plus for FY14." > > "If I go by the present share price the share is ruling at 6.5-7 times and > even the book value of the share as on December 31 has been at about Rs > 270. So considering the track record, the equity is quite low, they have an > equity base of less than Rs 11 crore. So if I go by the track record and > improvement in profits, these chemical companies are ruling at a low PE > multiple. However, in this case with the increase in the bottom-line, > increase in margin one can expect PE to get applied at about Rs 9 or so. So > taking all this into account, I am expecting that stock can move to about > Rs 320 in next 12 months or so." > > *Disclosure: No holding or interests in above stock.* > > > -- > You received this message because you are subscribed to the Google Groups > "LONGTERMINVESTORSRESEARCH" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > For more options, visit https://groups.google.com/groups/opt_out. > > > -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/globalspeculators?hl=en. For more options, visit https://groups.google.com/groups/opt_out.
