Friday, April 7, 2017

Pennar Industries Limited - Engineering Excellence



CMP : 46


Pennar Industries Limited is one of the top leading engineering company with expertise in providing engineering products and service in India and abroad. It manufactures precision engineering products like cold-rolled steel strips, special steel, precision tubes, railway wagons /coaches, pre-engineered building systems, sheet metal components, auto components, road safety systems, hydraulics parts, warehousing solutions, water treatment chemical & project solution and oil additives. Company has diversified itself from a steel manufacturer to a high value added diversified products manufacturer. The company is continuously expanding its manufacturing facilities to add new products to its portfolio.


http://www.pennarindia.com/media/Corp%20brochure.pdf


https://www.youtube.com/watch?v=v3H9ztW6E_w



Pennar offers products and solutions through four strategic business units Systems and Projects, Industrial Components, Steel Products & Tubes. Company has three subsidiary companies Pennar Engineered Building Systems Limited (54 %), Pennar Enviro Limited ( 51%) and New Era Enviro Ventures (Karimnagar) Private Limited.





Systems and Project



Systems and Projects  includes three business sub segments


1) Railway  Wagons and Coaches






 2) Solar module mounting structure




 3) Storage Solutions





Main clients for this segment  includes L&T, Tata power solar, Navalakha, Lanco Solar, ABB, Schneider Electric solaris. In railway segment company mainly serves to Integral Coach Factory, Southern railways, Texmaco, Besco.





Above are business highlight from Q3FY17 investor presentation.


Industrial components


The business of Industrial components for Pennar consists of  Press Metal components for Automotive and White Goods. The addressable market size of Industrial Components business is estimated to be over Rs 50 bn. The products offered includes A/C compressor shells, 4 wheeler parts such as car seating system assembly, parts for two wheelers such as disc brakes, and parts for heavy vehicle filters.






Hydraulic Cylinders for different industrial application, earth moving equipments and automobile industry.






Main clients for this segment  includes some leading companies like Bailey, Tecumseh products, Emerson Climate Technologies, Endurance Technologies, India Nippon Electricals, IFB, Fleetguard Filters, Wabco India, Brakes India etc.





Steel Products



Steel Products segment consists of Cold Rolled Steel Strips (CRSS) which includes special steels, Cold Rolled Formed Sections (CRFS) used for building products, infrastructure and auto profiles, road safety systems, precipitator and sheet piles.








Steel Products segment is giving service to major customers in the industry such as Lloyds Insulation, Alstom Projects, Lanco Infratech, FL Smidth, Thermax, Johnson Lifts, Adani Power, VECV, L&T, Ashok Leyland and many others.


Precision Tubes


This segment  manufactures (1) Electric Resistance Welded (ERW) pipes, (2) Cold Drawn Welded (CDW) tubes, (3) Air Preheater (APH) tubes, and (4) Indian Boiler Regulations (IBR) tubes.




Products are catered to Automobile, Power, Manufacturing, Structural & General Engineering and several others. The segment has major presence in Tamil Nadu, Karnataka and Maharashtra. The key clients in this segment are Mahindra, Volvo, Eicher commercial vehicles, Hyundai, TVS, Tata Motors, Ashok Leyland, Thermax, BGR, Paharpur, Cethar, KCP, Forbes Marshall, JSW, LMW etc.


Subsidiary Companies




Pennar Pre-Engineered Building Systems (PEBS)


Pennar Engineered Building Systems Ltd (PEBS) is engaged in designing, manufacturing, supply and installation of pre-engineered buildings and building components. PEBS Pennar is one of the few companies that offer leak-proof roofing systems in India, having a technical know-how licensing agreement with NCI Group Inc.






Pennar Enviro Limited (PEL)


Pennar Enviro Limited (PEL) deals with Water and Environment Infrastructure business to provide turnkey solutions, Water Treatment Plants, Sewage Treatment Plants, Effluent Treatment Plants, Effluent Recycling Plants, Zero Liquid Discharge Plants etc. 

Pennar Enviro Limited also has an extensive range of high performance Specialty Water Treatment Chemicals under the brand name of “PENNTREAT” for treatment of Boiler Water, Cooling Water, Raw and Effluent Water. Product capabilities extend into all aspects of industrial water management such as cooling water treatment, boiler Feed water treatment, raw water/waste water treatment, reverse osmosis membrane treatment, apart from specialty process additives for various process requirements.






PEL is pioneer in the field of fuel additives, it has wide range of fuel additives for treatment of different petroleum fuels in order to enhance the specific performance requirements of each fuel like Furnace Oil, Light Diesel Oil, Superior Kerosene Oil and Low Sulphur Heavy Stock supplying specific premium high technology additives based on fuel characteristic requirements and specific performance enhancements. Pennar Enviro Limited is the authorized manufacturer and marketer of Elf Fuel Oil Additives, having technical collaboration with 'TOTAL' France.


Location and Customer Base





Pennar has five manufacturing facilities in high growth areas and serving almost every major company in its field. 


Investment Rationale



Pennar Industries has strong technical and execution capabilities. Its ability to develop value added products continuously and successfully, make it unique. It has grown small futuristic business into sizable businesses like PEBS, Enviro, Hydraulics, Rail coach components, Industrial & white goods components  in short span of 3-4 years. These segments have immense growth potential and expected to grow much faster and bigger in size in next 3-4 years.


Pennar Industries is well poised to capture the growth potential in the field of water treatment, waste management,  environment protection, infrastructure, solar, railways and pre-engineered building systems industries. It is expected to be a direct beneficiary of the government’s thrust on solar energy, railways, infrastructure, ‘Make in India’ and ‘Smart Cities’ projects. All the business segment of the company are directly linked to overall macroeconomic recovery.


Pennar Industry has low debt and high operating leverage due to underutilization of capacity. The company has immense operational leverage to take the benefit in almost all of its businesses. Capacity in all segments is underutilized since last 3- 4 years due to lack of demand. Now indian economy is showing good sign of faster recovery and the company is well set to take the advantage with ready to use underutilized production capacity without any major expansion. Even during rough period company was able to post good results. 


Systems & Projects to be the key revenue driver for the company. Order flows in the Systems & Project segment (solar panels and railway wagons) is expected to increase following the government’s thrust on higher usage of renewable energy and on upgradation of railway systems. 


Company is going to sell  non core asset ( 28 MW solar power plant) of New Era Enviro Ventures. Company  has started the production of Special grade steel products. It will help to reduce the debt and increase the margins. 


Pennar Enviro has very high growth diversified product portfolio of  water treatment and fuel additives business with order book  near 200 crores. It is expected that it will continue pace in future. 


Pennar Industry is in process to merge Pennar Enviro with it.



http://www.pennarindia.com/pdf/Conference%20Call%20Information/nirmalbang-pennarIndustries-Feb01-2012.pdf


Conclusion



Now Indian economy is moving very strongly and centre government is executing the development plans very well. Some sectors which are lagging from last 2-3 years has shown very good sign of improvement.



http://www.pennarindia.com/pdf/Investor_presentation/2016/Pennar-Industries-Q3FY17-Investor-PresentationV4.pdf


Pennar Industry has wide range of value added diversified product portfolio inline with future growth. Pennar Industry trading in the narrow range of 40 to 54 from last one year. At cmp 46 it is giving wonderful opportunity to invest for long term. 







843 comments:

  1. Thanks for the new pick mam.. God bless you for the selfless work you do for all of us.. What targets can be expected from this counter and is it a pure long term bet or can we expect some early gains in first year.. Thanks mam

    ReplyDelete
    Replies
    1. We can expect around 300% return in 4 years. Yes, it can also give good return in 1-2 years

      Delete
    2. Plz check Shilp gravures also Mam

      Delete
    3. Dolly mam should we buy trident this level

      Delete
    4. Sorry not tracking Shilp Gravures

      Delete
  2. Mam can u plz share your view on South Indian Bank, karur vysya bank, tv18,gabriel india for long term

    ReplyDelete
  3. Thanks a lot for excellent analysis of the great company!

    Can we expect 300-500% within next 3-4 years? As we usually target such returns...

    Any short term triggers for PENNAR?

    Your opinion on Pennar Engineered Building Systems for long term?

    ReplyDelete
    Replies
    1. We can expect good results in coming quarter, company is getting good orders in all business segments. Sale of 28 MW solar plant, execution 200 crores orders of high margin business of Enviro in coming quarters.

      http://www.pennarindia.com/pdf/Conference%20Call%20Information/nirmalbang-pennarIndustries-Feb01-2012.pdf

      Delete
  4. dear mam;
    thanks for your article. what will be the return one should expect? and have you invested in this company.?

    ReplyDelete
    Replies
    1. We can expect around 300% return in 4 years and 10 -20% allocation can be given. Yes

      Delete
  5. Thank you mam. There is little debt in books and promoter holding of 36 percent. Is that a concern

    ReplyDelete
    Replies
    1. It is not concern because promoters have higher shareholding in Pennar Enviro and PEBS. After merger of Pennar Enviro it will go up.

      Delete
  6. Dear Maam, thank you so much...
    Any specific reason why promotrts holdinds is less ?

    ReplyDelete
    Replies
    1. It is not concern because promoters have higher shareholding in Pennar Enviro and PEBS. After merger of Pennar Enviro it will go up.

      Delete
  7. Thanks..

    But such big bull like Aashish kacholia and Daljeet req exit from this stock..

    ReplyDelete
    Replies
    1. Both entered in 2014 at 47 but it was too early to expect major economic growth immediately after formation of NDA government at centre.

      One investor still hold 14.9 L shares (page # 81 Annual Report 2015-16)


      http://www.pennarindia.com/pdf/Annual%20Reports/AnnualReport-2015-16.pdf

      Delete
  8. Any idea on bulk deal happened in this stock in last two days!!

    ReplyDelete
  9. Thank you Mam for another gem
    Dear blog members please stop repeated questions, please go through all the comments and ask only those queries which are not answered. Thanks in advance.

    ReplyDelete
  10. Thanks mam for New Stock Suggestion. Eagerly waiting for it.

    ReplyDelete
  11. How Long we will hve to wait for meghmani if invested at cmp

    ReplyDelete
    Replies
    1. Meghmani can give consistent return around 15 -20% per year

      Delete
  12. Mam

    Tatametaliks is it good to buy now

    ReplyDelete
  13. Since you compare Lasa labs with scientific..seems you have some idea about it.
    How is sequent scientific for long term ? Im holding from 230 rs level and now it is 128 rs level..

    ReplyDelete
    Replies
    1. Not tracking Sequent.
      Just have look on market capital of Sequent, it will give the idea about Lasa Lab potential

      Delete
    2. Hi Ma'am , How many years will Lasa labs take to reach sequent scientific like market cap?

      Delete
  14. Guys too much arguments debate on mails.

    ReplyDelete
  15. Thanks Mam for the excellent script 👏👏👏

    ReplyDelete
  16. The last year was 2013 when dividend was paid after the company stopped it why so ? again the topline and bottomline both increased/flat than why not sharing some of the profits as dividend to shareholders which are not many only 12 crores including promoters . Can you please explain us this if you know .

    ReplyDelete
    Replies
    1. Company has skipped the dividend in last 3-4 years because it entered into new businesses and products. It has created very valuable asset like Pennar Enviro, PEBS, Hydraulic business, special steel, capacity expansion in all business segments. It was during that period when capital goods sector was not performing. In next 3-4 years each business will get higher valuation than current entire market capital of the company.

      Delete
  17. Thanks for this wonder pick.... Mam please share your views on rural electrification corporation, sunil hi tech and power finance corporation please

    ReplyDelete
  18. Dear madam,
    Whats your call on waterbase, its amalgamation completed or not? What will be the outlook for this company.
    What EPS can we expect in the upcoming two years.

    ReplyDelete
  19. PENNAR INDUSTRIES..

    https://www.youtube.com/watch?v=v3H9ztW6E_w

    ReplyDelete
    Replies
    1. Good to watch, I have updated the link on the blog.

      Delete
  20. Kya bpl ltd purchase kar sakata hu kya @ 85 ?

    ReplyDelete
  21. Thank you for the new stock..

    When lasa labs getting demerged from oscl.. We did not much movement in omkar till now. .

    ReplyDelete
    Replies
    1. Company will give update after NCLT hearing on 12 th April

      Delete
  22. Hi Mam,

    The company is not paying dividend from year 2014, before which the payout ratio was pretty good.
    can you please suggest, how should one interpret no dividend payout from the company?

    Thanks,
    Ramachandra

    ReplyDelete
    Replies
    1. Company has skipped the dividend in last 3-4 years because it entered into new businesses and products. It has created very valuable asset like Pennar Enviro, PEBS, Hydraulic business, special steel, capacity expansion in all business segments. It was during that period when capital goods sector was not performing. In next 3-4 years each business will get higher valuation than current market capital of the company.

      Delete
  23. Thanks dollyji for all the efforts for us ...

    ReplyDelete
  24. Madam Monday ko UPPER CKT lagega ya normal trading mein milsakta hain, liquidity ka batade eye.

    ReplyDelete
    Replies
    1. Stock has enough liquidity, you can buy +/- 10% from suggested price.

      Delete
  25. Dear Maa'm,
    Promoter holding is less in Pennar Industries, whereas Promoters have higher shareholding in Pennar Enviro and PEBS. At the time of merger of Pennar Enviro, do they give fair vale to Pennar Industries ? Do retail investors get fair swap ratio ?

    ReplyDelete
    Replies
    1. It will be same for all ( retail investors & promoters) in case listing of Enviro or allocation of PEBS shares.

      Delete
  26. Hello ma'am,
    Thanks for new recommendation,
    Do you track FIBERWEB INDIA & SATIN CREDITCARE?

    ReplyDelete
  27. Thanks Dollyji for the recommendation. I am holding Pennar PEBS, Guessing this would also have a similar target as it's parent (300% in 3-4 yrs). What's your opinion?

    ReplyDelete
    Replies
    1. It can give good return, if bought near 110 then we can expect 200 - 300% in 4 years

      Delete
    2. Thank you madam for this wonder performer ....

      Delete
  28. thanks for the new update !! only small issue with this company is that its debt is equal to its market cap which is not a good sign.No doubt you know more than small retail investor and hence good pick mam. Also, what are your views on tata metalik ?

    ReplyDelete
    Replies
    1. Market cap of Pennar Ind is 600 crore, where is 600 crore debt?

      Tata Metalik is good stock to buy below 350

      Delete
  29. Mam, thanks a lot for sharing your valuable ideas.
    In addition to this stock could you please suggest which of your previous suggestions are still a good buy @CMP. I am willing to buy with a time frame of min 3-5 years.
    Thanks for your time....

    ReplyDelete
    Replies
    1. You can buy any stock which is available + / - 10% from suggested price. Only Omkar and Surana Solar are available in this range.

      Delete
  30. Mam,
    Thanks for recommending this gem.
    I am holding GIC HOUSING AT 88/for last 4 year.kindly advice if it can give
    good returns in future also.
    A big thanks once again.

    ReplyDelete
    Replies
    1. You can continue to hold for further gain at least 100% in next 3 years from cmp.

      Delete
    2. Mam, current CMP is around 450 ? Do you mean can we enter at this price if we can wait for 3 years and I am looking for any housing finance company to have one in my portfolio , I was having can fin homes and came out of recently as it delivers almost 5 times .. please advise me mam if you are tracking or having any stock ideas in housing finance stocks , thanks in advance !

      Delete
    3. You can buy GIC Housing if you are looking around 100% return in 3 years because it moved up 50% in past one month. Still risk on investment will remain if bought after major rally.

      Delete
    4. Ok mam, thanks for reply , ll enter 50% of my investment now and accumalate in case of any correction.

      Delete
  31. Thanks Madamji for your April pick..Hope we will be able to buy in a reasonable price range on Monday.

    ReplyDelete
    Replies
    1. Stock has enough liquidity, it can be bought easily in given price range of + / - 10%.

      Delete
  32. First many many thanks for helping many retail investors like me. Does it matter to make fresh investment now as the market at high levels and the geopolitical tensions around (US air strike on Syria).

    ReplyDelete
    Replies
    1. It will not have any impact on growth of Indian economy.

      Delete
  33. Trident at this level can we buy

    ReplyDelete
  34. Madam ur view on rapicut carbides.can it be added to cmp.

    ReplyDelete
  35. Hi Mam, Is Pennar PEBS nothing but Pennar industries ??

    ReplyDelete
    Replies
    1. Pennar Industry is promoter of Pennar PEBS and hold 54% shares.

      Delete
  36. Ok what is the stock name for pennar PEBS , I am unable to find in moneycontrol.com ?? Can we enter at CAMP ?

    ReplyDelete
    Replies
    1. It is mentioned above in the blog under Subsidiary Companies

      Pennar Pre-Engineered Building Systems (PEBS)

      Delete
    2. You are getting 3 companies similar to PEBS + 54% of PEBS @ 46 but surprisingly you are looking to buy PEBS alone @ 133

      Delete
    3. Sorry , now I understand ,thanks for providing insights mam..

      Delete
  37. Thanks again for the next gem

    ReplyDelete
  38. Dolly Madam, are you tracking Nagarjuna Fertilizers and Chemicals? It is at 0.48x book value.

    ReplyDelete
  39. Mam
    Holding nandan denim at 118.Can we expect the price to move up in coming quarters? It is not moving for past 1.5 years.The future of denim industry seems very bright and ndl is one of the leading players and has expanded it's capacity by 40 mmpa. After expansion it will become the fourth largest denim fabric manufacturer in the world.

    ReplyDelete
    Replies
    1. It will give good return in next 2-3 years, you can continue to hold.

      Delete
  40. Hello
    Dolly mam,

    I am basically from Hyderabad, I was not able to invest in multibagger companies like Dr.Reddys , Aurobindo , Astra micro etc . But today based on your reco I don't want to miss this gem which is located near Hyderabad & very much familiar about this company.

    Thanking you very much for the reco.
    Venkat reddy

    ReplyDelete
    Replies
    1. Company has very good infrastructure and wide range of high quality product portfolio. It is right time to enter


      http://www.pennarindia.com/media/Corp%20brochure.pdf


      https://www.youtube.com/watch?v=v3H9ztW6E_w

      Delete
  41. Dear Mam,
    Why would promoters merge Pennar Enviro and PEBS into Pennar Industries. Don't you think running them separately will have better focus and better market cap

    ReplyDelete
    Replies
    1. Yes, but shareholders will get benefit once it will get listed separately ( not as subsidiary)

      Delete
  42. Dear Mam,
    Thank you for your efforts and kind help to all the blog readers

    ReplyDelete
  43. Should I buy nocil at this level and if yes what the upside

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  44. Thanx madam...100% return in 1 year?

    ReplyDelete
  45. Thanks Mam for the New Recommendation , Hopefully will able to catch it Tomorrow .

    ReplyDelete
    Replies
    1. Sure, you will able to buy it at given price range +/-10% from suggested price

      Delete
  46. Thank you Dolly'ji - your reco and details and comments are helping us make some handsome profit and above all we are learning a lot from you. Thank you and God Bless.

    ReplyDelete
  47. Madam what is the right price to buy Manappuram finance? I have recently entered at RS 98... Should I hold or exit? As I am not very sure...Please guide.

    ReplyDelete
  48. I am not able to see all the comments for your post. Any suggestion how to solve it.

    ReplyDelete
    Replies
    1. If comments are more than 200 then need to click on 'load more' just above or below the comment box.

      Delete
  49. Thank you mam for recommending a wonderful pick for us.

    ReplyDelete
  50. Mam,Thank you for your priceless recommendations and kindness.

    Pennar Industries is completely diversified from risky commodity based to a value addition zone,Does bringing in Pennar Enviro pose a threat of unrelated diversification due to the chemical business which is counter cyclical in nature to steel business. Also it is completely different in nature of operations.

    Kindly clarify mam

    Thanks

    ReplyDelete
    Replies
    1. Now norms on environment protection and pollution control are becoming strict. Recently Supreme Court order to o set up effluent treatment plants within three months gives huge possibilities for water treatment and project management companies. Pennar Enviro is well set to take the advantage in this field.


      http://www.livemint.com/Politics/fjsozwkwo78VzQKorjddKO/SC-asks-industrial-units-to-set-up-effluent-treatment-plants.html

      http://economictimes.indiatimes.com/news/politics-and-nation/sc-asks-industrial-units-to-install-effluent-treatment-plants/articleshow/57290203.cms

      http://kspcb.kar.nic.in/kspcb_caution_notice_20032017.pdf

      Delete
  51. Mam, Can you pl have look at 'Vidhi Specialty Food Ingredients'. It seems interesting at this price. Even if you have not tracking it, can you pl look at it for few minutes and let me know that is it worth-able or not at CMP?

    ReplyDelete
  52. Mam what ur view on parnex lab

    ReplyDelete
  53. Mam, your views on the following stocks pl?
    Solitaire Machine Tools
    Kanoria Chemicals and Industries

    ReplyDelete
  54. Some of the stocks like Pondy(61) and Donear(16) posted 450% and 350% returns post your recommendation. I am looking for such stocks and can hold for 3/4 yrs timeframe. What stocks do you recommend apart from ADF and pennar, for such invtt? Is Mannapuram ~80 and avg and Dwarikesh ~330 avg. is good in this category?

    ReplyDelete
    Replies
    1. You can buy any stock which is available + / - 10% from suggested price. Only Omkar and Surana Solar are available in this range.

      Manappuram and Dwarikesh are able to give consistent return around 15 -20% per year. These stocks are already moved up significantly in recent past.

      Delete
  55. Madam, Thanks for your valuable guidance to new investors like me. I am a new reader of your blog. I am 28 years old and I was confused about investing in share market. Some of the shares of small cap and mid cap companies recommended by so called experts looked overvalued. Whereas many people were advising to stay away from small cap and mid cap companies due to risk involved. I was not convinced as I was thinking that investing in a good business will have no risk from a long term point of view. But finding right companies at a right price to enter seemed like a nightmare to me. Luckily I found your blog and I went through most of your earlier articles and comments. It's of tremendous help to me. Accordingly, I invested in ABFRL, Omkar Chemicals, ADF foods. Now I look forward to invest in Pennar Industries. Thanks a lot.

    ReplyDelete
  56. Mam, Kindly clarify Pennar industries and PEBS are two separate entities listed and pennar Industries is having 54% stake in PEBS. Does this mean the revenue of PEBS also reported in Consolidated results of Pennar industries.

    ReplyDelete
    Replies
    1. Yes it is included up to extent of holding %

      Delete
  57. hello mam, can you say that demerger of any of these companies i.e. Pennar Engineered Building Systems Limited (54 %), Pennar Enviro Limited ( 51%) and New Era Enviro Ventures (Karimnagar) Private Limited. is possible in near future?
    percent allocation to this stock?
    and target for short & long term?

    ReplyDelete
    Replies
    1. Demerger will happen but it will not happen in near future. Engineered Building Systems Limited is already listed company. Pennar Enviro Limited will merge with Pennar industry and promoters holding will go up in Pennar industry than there is possibility of demerger of Enviro and allocation of PEBS share to Pennar industry shareholders. Company is looking options to sell Renewable energy asset of New Era Enviro Ventures

      Delete
  58. People like you are guardian for small investor like us.

    ReplyDelete
  59. Madam please suggest I wish to invest in MANAPPURAM at what price is right price for LT as well as short term.

    ReplyDelete
    Replies
    1. It can be bought near 60 in case of correction

      Delete
  60. Maam,

    Below mentioned is a year old news however it highlights the growing importance of Polyisobutylene in photovolataic Panel systems. It can be inferred based on this that with the growth of solar in future, Kothari petrochemicals will be a beneficiary.

    http://www.businesswire.com/news/home/20160127005650/en/Growing-Popularity-Polyisobutylene-Photovoltaic-Panel-Systems-Driving

    ReplyDelete
  61. mam, greetings!
    By the time i place orders, the stock has already gone to 52 levels soon after opening at 9.15am. I've bought it at 51.95 average. Hope this is fine?

    ReplyDelete
  62. Morning dollyji got pennar 1000@51.60..hope the price is perfect..thanks

    ReplyDelete
    Replies
    1. It is good price , just need to hold with patience.

      Delete
  63. +10% open based on this recommendation.

    ReplyDelete
  64. Any views on dairy sector?Kwality?

    ReplyDelete
    Replies
    1. Dairy sector is ever green ad good potential in future. Not tracking Kwality

      Delete
    2. Will u suggest any dairy sector pick lukin attractive priced

      Delete
    3. Parag milk can be bought near 200

      Delete
  65. I am new investor.... Where shld i invest my 100bucks

    ReplyDelete
  66. Thank you mam for recommending a wonderful pick. Got this at 51.

    ReplyDelete
  67. Ma'am with government intervention in nbfcs what is the future of mannapuram finance and other mfis?

    ReplyDelete
    Replies
    1. Future is good, company has diversified into different fields ( other than gold finance)

      Delete
  68. Dear Blog Owner. Fire reported at Mahad plant of Omkar Chem. I guess it should be covered by insurance. Just FYI.

    http://www.loksatta.com/mumbai-news/fire-in-mahad-midc-onkar-chemical-factory-huge-loss-1449240/

    ReplyDelete
    Replies
    1. According to companies website ,below are the companies units located. In Mahad they have Lasa lab ,not Omkar.
      he locations of our Units are as under:
      Unit No.1– W-92(A), MIDC, Badlapur(E), Dist: Thane-421503, State: Maharashtra.
      Unit No.2– F-24, MIDC, Badlapur (E), Dist: Thane-421503, State: Maharashtra.
      Unit No.3– B-34, MIDC, Badlapur (E), Dist: Thane- 421503, State: Maharashtra.
      Unit No.4– F-10/1, MIDC, Badlapur (E), Dist: Thane-421503, State: Maharashtra.
      Unit No.5– D-27, MIDC, Lote Parshuram, Tal-Khed,District Ratnagiri-415605,Maharashtra.
      Unit No.6– Urdhwa Chemicals Co. Pvt. Ltd. C-4,MIDC, Lote Parshuram, Taluka-Khed,District Ratnagiri-415605, Maharashtra.
      Unit No.7– Lasa Laboratory Pvt Ltd, Plot No. C-105, MIDC, Mahad, Dist. Raigad, Maharashtra.

      Delete
    2. It is another company named Omkar Chemicals And Bulk Drugs Private Limited

      Delete
  69. Mam,
    What is base price of a stock
    How calculating 3 year base price average could help to buy any stock

    ReplyDelete
    Replies
    1. No idea about technical analysis

      http://www.sebi.gov.in/cms/sebi_data/commondocs/Part3_p.pdf

      Delete
  70. dear madam
    can i expect pennar industries to come at 75 levels in three months.please reply madam thanks.
    mahaveer kumar jain.

    ReplyDelete
    Replies
    1. It will give much higher return in long term. For three month I am not sure.

      Delete
  71. Thanks for your constant endeavour for recommending stocks which have high potential for multibagget.

    ReplyDelete
  72. Dear Maam, my buying price is 51.7 ..Your view on NELCAST & Sanghi industries.
    Thank you

    ReplyDelete
  73. Dear Madam share your views in PRABHAT DAIRY, MADHAV MARBLE & ORIENT BELL at cmp for 1 to 2 year

    ReplyDelete
    Replies
    1. Dairy / building material / ceramic / tiles industries are having good future but not tracking above stocks. Buying stock at right price is most important.



      Delete
    2. Dear Madam,

      I feel the absence of shares from the the subject sectors in our portfolio (Dairy / building material / ceramic / tiles industries). Expecting your new recommendations from these sectors. I have Shree Pushkar, ABFRL,OMKAR,Surana and now added Pennar Industries all of them are in profit except Surana.I am sure Surana also will give good return. Thank you for all your recommendations.

      Delete
    3. Sure we will cover above sectors in future. Surana solar will also move up in coming quarters.

      Delete
  74. Dear all,
    Not sure but some comments are like to have continuous assurance from mam. Just because mam is doing it for free doesn't mean to keep on asking her for assurance to build/maintain our confidence. We all should try to at least think how we can make mam's life easy as a guru dakshina.. just a thought folks... no offense! thanks!

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  75. Dolly madam, Thanks for sharing the analysis. Do you use any screeners like Magic Formula Investing for Indian stocks?

    ReplyDelete
    Replies
    1. I am not using any screener but stocks are picked based on product demand.

      Delete
  76. Dolly madam, how does the stock ultimately reach/cross its intrinsic value in your recommendations?

    Is it when the Company's investments finally start producing the results that market will notice and assign a higher p/e?

    - Enthusiastic Student

    ReplyDelete
    Replies
    1. It is directly proportional to stock price which makes stock over or under valued. But none of these analyses can visualize the future growth potential. It can be visualized through experience only.

      Delete
  77. Hi mam,
    Thanks you very much for new recommend,I have one query about Sunil hi-tech engineers,is it also in same business model like pennar industries? What is your view on that.

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  78. Thank you for your advise.May God Bless you and your family

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  79. Dolly Mam, one general query... You advise us to buy the stock within + or - 10% of recommended price. Obviously when the scrip appreciates more than 10% then margin of safety reduces and future percentage gains also reduces so scrip becomes slightly less attractive.
    My question is --- What if the scrip price reduces by more than 10% from suggested price ? Does your advice imply not to buy if it falls more than 10% or should we buy more aggressively if price falls by say 15% or 20% ?? Pl. clarify. (Fortunately and to your full credit I think so far none of your suggested scrips price has fallen even 10% from suggested price and hence I want a clarity on this if such situation arises in future....Thanks and regards...)

    ReplyDelete
    Replies
    1. + / - 10% is the range where any stock can be bought. If any stock fall below the given limit due to serious concern or change in fundamental then I will give update on the blog immediately.

      Delete
  80. Dear Mam,
    Hope all is well. Thank you for the stock reference. I bought adani power @ 30rs and KIRLOSKAR industries @1050 shall I hold or sell.. @ present conditions...

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  81. Mam, could you please provide your view on Nandan Denim.

    ReplyDelete
    Replies
    1. It is good stock to hold for consistent return around 15% per year

      Delete
  82. Thank you for April idea . Nicely explained. Greetings of the day. ABFRL, ADFFoods , and now Pennar...
    Happy to follow and get valuable ideas with all documents. Thank you . Appreciate lots.

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  83. Dear Maam, Heard in news today that Govt. Can allow private players to have their railyway track for transportation.. but this is in very initial stage.. but if this happen will it going to benefit TCI ? Your view?
    Thanks in advance

    ReplyDelete
    Replies
    1. It doesn't mean every company will go for railways track for personal goods transportation. It will be similar to BOT projects for National highways

      Delete
  84. Hai mam i have 308 shares of mahindra lifespace developer, right's issue will start tomorrow what i have to do thanks very much mam I get shares are I have to buy shares

    ReplyDelete
  85. Hi mam,
    Websol energy moved from 27 to 80+ recently,can we expect some momentum in surana this year.

    ReplyDelete
    Replies
    1. Surana Solar expected to post better results in coming quarters

      Delete
  86. I was looking the contents of another blog reader, who has asked Chairman of Omkar Chemicals regarding this fire incident. He also confirmed it has no connection with them.

    Further tomorrow's hearing with NCLT may get postponed for final decision, as the promoters has not yet depledged all the shares, which look as hurdle for the approval process of demerger. This is my personal analysis.

    Please wait the latest update/order of NCLT, once available.

    ReplyDelete
    Replies
    1. Details are already available on NCLT Mumbai website

      Sl # 42 next hearing date given 12.04.2017

      http://nclt.gov.in/status/29.03.2017_CI_Mumbai.pdf

      Court I date 29.03 2017

      http://nclt.gov.in/status_mumbai.html

      Delete
  87. vineeth g

    Madam observed this in another website ......

    ReplyDelete
    Replies
    1. You can check the detail directly on NCLT Mumbai website

      Sl # 42 next hearing date given 12.04.2017

      http://nclt.gov.in/status/29.03.2017_CI_Mumbai.pdf

      Court I date 29.03 2017

      http://nclt.gov.in/status_mumbai.html

      Delete
  88. mam shall we wait for correction in mkt or deploy money at cmp?

    ReplyDelete
  89. Madam any news on Omkar now.adf or pennar at CMP

    ReplyDelete
    Replies
    1. No specific news except NCLT hearing for Omkar

      Delete
    2. NCLT hearing out come is positive or negative your view required and on that stock

      Delete
    3. Hopefully company will give update on it very soon

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  90. Mam I saw one article regarding IFB industries should I invest in this

    ReplyDelete
    Replies
    1. You can invest in it on some correction below 600

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    2. Hi Sameer ,if you don't mind please share the link Incase blogs members also get benefited

      Delete
    3. Wat will be the upside in this

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    4. It already gone up near to 100% in past few months, now we can expect consistent return around 20% per year

      Delete
  91. Thanks a lot mam for providing such gem s for free. God bless u.
    I entered into share market recently and come to know abt your site few days back...I bought pennar Ind.
    Can I still buy kothari petro and ADF Foods?

    Thanks

    ReplyDelete
    Replies
    1. You can add further Pennar Ind

      It is not advisable to buy any stock after rally.

      Delete
  92. Mam thxx for pennar.i have purchased 500....whts ur opinion abt SBTL.pl reply.

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  93. Good news for omkar. Court accepted the decision. Will get the court order tomorrow

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  94. Madam.
    Bought 2150 shares of Pennar Industries at Rs 49.70 ..Ready to hold for 2 years ..Can I expect a price of Rs 100. .

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  95. I have small amount and same amount invest in one of the stock Omkar or Pennar

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  96. should we buy omkar speciality now ??

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  97. Madam, any specific reason behind today's spike of ADF FOODS.

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  98. dolly madam is Nandan Denim is good to pick up at CMP and what will be growth in next 2 yrs
    dont see any movement in this stock

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  99. Hi mam, Thanks for new recommendation... Mam your view on Future consumer for next 2-5 years... Can it become a next multibagger ? I look forward to your reply... Thanks in advance

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  100. Hello Mam, Any suggestions on allcargo logistics @ CMP?

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  101. Dear Maam, please accept my gratitude for your kindness to me and many others .No one does what you doing for Small investor mankind. God bless you.Ashish from Delhi

    ReplyDelete