Friday, August 13, 2010

GRAPHITE INDIA: GOOD BELOW 60

One more stock has come on my radar - Graphite India. I think its good company with sound fundamentals ( what I like the lost is the reducing debt for last 4yrs and increasing net profit for the last 3 yrs, excellent dividend yield of 3%)
I think at CMP its fairly valued.
But do you think it can be a potential multi-bagger for long-term say 3-5 yrs.
Thanks In Advance,
Ask by vikas bargale
1. graphite India ltd is a 2 rupee face value share, this share is belong to BSE 500 index
2. book value of graphite India ltd is 64.38 currently traded at 99
3. 52 week high of graphite India ltd is 111.90 and year low 48.60
4. EPS of FY 09-10 is 13.58 so share traded at P/E 7.5
5.promoter holding is 62.69 % FII holding 8.89 %
6. this year graphite India give dividend of 3.50 per share and continue give dividend near about 3 rupee per share per year.
7. but in 06.08.2010 bulk deal of 79.41 lac shares in sell side is happen in graphite India it is a concern for short term.
8. one other point that graphite India launches a Voluntary Retirement Scheme (VRS) formulated by the Company at its graphite electrode plant at Bengaluru, more than 50% of the workmen/staff submitted their applications . WHY ? if staff is sure about future growth then they never give VRS application. I think this is also a concern.
9. I think wait this share below 60 for making fresh buying.
10. My holding is nil in graphite India ltd.
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5 comments:

  1. Culutre blogAugust 13, 2010 at 3:13 PM

    Hi Maheshji
    thanks for your services. I request your views on the following stocks please
    - Marg Ltd
    - SRF

    ReplyDelete
  2. GirijaAugust 18, 2010 at 12:14 AM

    Hello Maheshji,

    Could you please analyse Peninsula Land and Balrampur Chini Mills when you can spare time and advise whether it is a good buy for long-term?

    Regards,
    girija

    ReplyDelete
  3. Mahesh Chander KaushikAugust 19, 2010 at 11:37 AM

    sure culture blog ji or girija ji i try it soon

    ReplyDelete
  4. GudapatiJune 11, 2011 at 11:50 AM

    Hi Mahesh Sir,

    I want to take Ispat Industries(1000),KRBL(1000),South Indian bank and TwinStarIndustries(10000) shares each in SIP mode and want to keep them for 3-4 yrs.Please suggest their future since I have lost lot of money in day -trading.o I decided to buy some shares which are cheap and think have good growth perspective.Please suggest.

    ReplyDelete
  5. SureshJune 21, 2011 at 3:22 PM

    Hello Mahesh ji
    I am a regular reader of your blog and first of all i would like to thank for your free guidance on stocks amd I have one question on LIC JEEVAN SARAL Policy. I have bought a Policy and paying premium of 60000 per annum. Could you please tell me aboutyour views on the policy and returns.
    Regards,
    Suresh

    ReplyDelete

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