Sumeet Industries, Blackrose and Others Picks......Updates

Friends,

Sumeet Industries has posted topline of 820 Crores Vs 376 Crore of last year... a whopping 220% up from last year.... Net Profit rose to 54crore( 2.5 times as compared to last year), EPS ballooned to 7.63.... According to me the story has just began.... I have given call at 28 and it went up to 42 levels and now it has again came down to 28 levels... this is a excellent buying opportunity in this counter... Just have a look at the recent annoucements at the bse website "The QIP committee has approved the issue and allocation of 1,82,94,578 nos. of Equity Shares of Rs. 10 each, to the 6 Qualified Institutional Buyers ("QIBs") at an Issue Price of Rs. 30.25 per Equity Share (including Rs. 20.25 towards share premium)"... they have already placed their shares at Rs30.25 to QIBs... Now who is buying at 30.25 will take at least 3 times profit but that is different side... Sumeet Industry is a great story to unfold..... all developments are going in line with management expectations... Till now noone has given or wrote anything on sumeet industries....FY12 growth will be 25%. This was the first year for their expansion completion. So, next year we will grow 25%. But after next one year our next expansion will be over, so major increase will be in FY12-13.....

It has MCAP of 160 Crore and doing business of 850 crore ..Amazing bet....

Blackrose Industry....cmp 17.... is my new discovery on which i have already wrote on... Nobody knows about this stock.. so its best time to buy this stock.... Announced Dividend and Bonus already......

Eros International.... CMP: 143... is quoting well below its IPO price is a excellent pick for LT.... Eros International digitizes and catalogues its entire movie library through state of the art CLEAR platform.... this platform will manage, repurpose and monitize all its media contents...Its a visionary company and have experience of more than 3 decades in film industry.......

GSPL is quoting at Rs100 which is lowest levels in its history... One should not sell... this is a excellent buying opportunity....

Jyoti has posted good results again..... ther was some issues between Jyoti and RNS Infra over the execution of projects of KNNL(Karnataka Neeravari Nigam Ltd) which was of worth 1023 crores( out of which Jyoti Orders were of Rs424 Crores).. This JV has been cancelled and RNS Infra will give 18 Crores to Jyoti... This settlement will bring 18 crores to the Jyoti within 2-3 years... Jyoti Mcap is 160 Crore and even after loosing this JV Jyoti still has Orders of Worth 700 Crores which are to be executed in 2 years.......in March Jyoti has alloted 674128 Shares to Central Bank of India, Dena Bank, Bank of Maharasta at Rs 112.85... CMP is 95 and allotment has been done at Rs112.. for this Jyoti is incresing equity.... this allotment was done to restructure debt.... Jyoti is on its way to reduce the debt within 2-3 years....Actually debt is a big concern as they are paying a heavy chunk of their money as interest to banks... Now they are working to reduce this burden....

I am still bullish on uflex in LT.. it has posted a EPS of 38 for fy11.... It is recommended to continue to hold this stock....

Ennore coke has beaten down from 90 levels to 60... thus giving us another chance to buy and hold for LT....do not forgot that ennore coke has started its business in 2008 and within two years it has clocked a topline of 380 crores......

Jyoti Structures is expected to post flat results this year...... it is a fundamentally strong company.... I have already written a lot about this company business umbrella in my previous posts..... its a must have to be in one's portfolio....

Suryaamba is expected to post EPS 23 for FY11... its a screaming buy.......... One Surprise Stock will be Suryalata Spining Mills...its likely to post EPS of more than 50 for FY11.... Even at a conservative PE of 6, price should be 300..... Feature point is that it has a very tiny equity of 3 cr only... i have posted about benefits of tiny equity to its shareholders already in my previous posts.....

Petronet LNG has already proved its mettle.... Flared from 90 to 135 already and standing firm..... Its topline and bottoline are growing at an excellent pace of 25% YoY from last 4 years.......... Still its a buy and to be kept as FD for Long term......

Shriram EPC is at its 52 week low at cmp of 140..... Great business to buy... those who has missed this stock earlier must buy for LT... it has got exceptionally good promoters and fundamentals..... almost 81% of shares are closely held by strong hands...... Its trading at cheaper valuations as compared to its peers.... its presence in potentially strong growth sectors such as renewable energy including bio-ethanol plants, metallurgical EPC contracts and water and waste water infra projects......

Those who has missed AK Capital in previous can buy and hold for LT... it has came

down from 944 levels to 340.... Trading at a PE of Only 4 as compared to Industry PE of 24.... Excellent EPS of 83 for FY11... Take conservative PE of 10.. Price comes Rs830... Think yourself about these excellent figures.......

TATA Chemicals has acquired 100% stake in British Salt Limited, UK, for a consideration of GBP 93 Million.. also Foray into Branded Pulses Extends 'i-Shakti' Brand from Salt to Pulses... On its way to extend production of Urea, it has bought 25% stake as a strategic investor in stream 1 of a Greenfield Port Based ammonia-urea manufacturing complex in republic of Gabon(Africa). It is Ultra Low cost manufacturing unit in whole world...

Mayur Uniquoters was recommended by me in september last year and now it is sailing on its own way.... already up... and now many brokerage houses and independent analysts have started giving buy recommendations on this stock..... Its quoting at 289 now... But it touched a high of 340 in novmber last year(after two months of my post)........this year likely to post EPS of 45 on a tiny equity of Just 5 crore....80% stocks are closely held...... clientele includes world famous names like Bata, Action, BMW, Maruti, Mercedes, Fords, GM and the list goes on....... Excellent Pick for Long Term......

Mayur Uniquoter is a well known name in Artificial Leather and PVC Vinyl...

Dont forgot about Ganesh Polytex..... Recently Alloted 15 Lakhs convertible debentures at price of Rs90 to IFCI....These debentures are to be converted to equity shares within 18 months..... Those days are not too far when this stock will catch the fancy of big fishes......

Have a Look at Cravataex.......

Buying or Selling is everyone's own discreet decision....