DEAR SIR,
Mere Pass "BIRLA POWER SOLUTION" KAI 100 SHARE HAI @2.50 Rs.MUJHE KAYA KARNA CHAHIYE HOLD KARNA CHAHIYE YA BECH DENA CHAHIYE.KINDLY SUGGESET. This share Purchase last month
what is future price of this share (Mai 1 saal tak wait kar sakta hu.)
Regards,
Animesh Shedge.
Dear investor,
1-Birla power stock spilt out from 10 rupees face value to 1 rupee at 24.04.2009.
2-Birla power is an electric equipment company not a power distribution or making company like reliance power or tata power or NTPC so please do not confuse from it name. Birla power is make generator invertors pump set etc. birla Yamaha geneset is a premium product of company.
3- As I describe in point 2. Birla power is not a power sector company and not gets advantage of market fancy sector “power” in coming rally.
4-face value of birla power share is 1.
5 - Book value of birla power share is 2.66
6- Birla power EPS is only 0.03 per share. i wonder to see that company recomanded dividend 0.075 per share.
7- Sector of inverter is leaded my Luminas, microtec etc so it is a market performer only.
8-we are not bullish in birla power but it is a good trading stock because of it low value .
9- board of birla power ltd :-
Recommended payment of dividend at the rate of 7.5 percent (i.e. Rs. 0.075 per share) for the financial year ended March 31, 2010 on the existing paid up capital.
Approved, subject to the approval of the shareholders in the ensuing annual General Meeting, issue of bonus shares at the rate of one fully paid bonus share of Re. 1/- each for every five existing shares of Re. 1/- each by capitalizing permissible reserves standing in credit in reserves as at March 31, 2010, to those shareholders standing in the Register of Members on a record date to be fixed by the Board.
Approved, subject to the approval of shareholders, increase in authorized capital from Rs. 300 crores to Rs. 425/- crores by creation of additional 125 crores equity shares of Re. 1/- each.
10-Birla power share holding pattern is also interesting for you .promoters of birla power hold only 10.02 percent and FII hold nil percent and general public like you and me hold 89.22 percent it is not a good sign.
11-let us see birla power price data since 1990 you see that it always a sluggish share in last 20 year
Yearly High Lows
1990 32.00 6.50
1991 32.50 7.00
1992 80.00 18.00
1993 26.00 6.50
1994 55.00 14.00
1995 42.50 20.00
1996 95.00 25.00
1997 86.00 47.50
1998 58.00 18.00
1999 64.00 22.85
2000 45.00 18.20
2001 22.65 9.25
2002 28.15 12.50
2003 37.50 11.40
2004 35.45 13.30
2005 73.25 19.55
2006 66.15 17.70
2007 91.70 25.50
2008 74.00 8.19
2009 17.27 1.632010 4.36 2.03
12- So our view that in an investment views birla power is not a good company to invest but in intra day, trading it is a good trading stock. If you want to invest in power sector (not electric equipment sector) our pick is RELIANCE power (discloser: - I hold 10 share of reliance power and nil share of birla power).