Monday, July 5, 2010

BINANI INDUSTRIES V/S BINANI CEMENT


Mahesh Ji,
It was abt Binani Industries. I heard that Binani cement is some kind of subsidiary of Binani Industries. So Binani Industries share holders eligible for some shares in Binani Cement. I am planning to buy Binani Industries below 105. Please advice ask by shri Rajeev denial ji

1.Binani industries ltd is a 10 rupee face value share and parental company of Binani cement ltd.
2. read my former article on binanni cement on following link
http://sharegenius.blogspot.com/2009/10/Binani-cementsexpanded-his-capicity.html
3. EPS of Binani industries is 5.63 share traded at 112 means P/E multiple of 20 so share is not cheap at currant price.
3. promoter holding at Binani industries is 51.28 percent also 2.56 % FII holding
4. in last 3 year Binani industries continue give 3-3-3 rupee dividend.
5. Binani cement and Binani industries are separate companies . binai industries ltd hold 64.91 % share of Binani cement ltd I am not knew about any news of capital restructuring in Binani cement or Binani industries. Binani cement offer buy back his share @90 per share.
6. due to buy back and low public holding i think it is good to buy binani cement instead of binani industries
KEY WOREDS:- FUTURE AND OPTION CALL PUT AND OPTION NIFTY OPTIONS 10 PAISA BUY CALL SELL PUT TARGET FREE INTRA DAY TIPS

2 comments:

  1. Mahesh Ji,

    How this buy back of shares work? How can i ensure that my shares are bought back? Should i do any special things?

    ReplyDelete

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