Technical updates

Could you please provide your view on canfin, shilpa and vst tiller?

Hemant,

Can you give your view technically on Himatsingha Seide?

Regards

Hi,

I was not sure in which forum to ask this question, hence asking here as it is related to perform technical analysis.

Is there any web site which provide intraday chart for any particular give date with volumes?

Currently sites like yahoo finance provide intraday chart of only current on going date.

Thanks,

Sunil

At current level of RS. 65 Gujarat intrux looks attractive due to below reasons :
Pros

  1. CMP discount to book value.
  2. Virtually debt free.
  3. Growing reserves.
  4. Co. Has added capex and is expecting to be ulitised in future.
  5. Margin and sales are at lowest level and is expected to grow from here.
  6. Promotors are continuously raising stake since a year.
  7. Even in distress market co. Is making profit.

Cons

  1. Very low market cap of 22 crore
  2. Lower liquidity restricts HNI investors.
  3. Poor margin (highest margin as per historical data is around 12 or 13 %.
  4. Very small player in the market.
  5. Have stopped the copper business in past due to high volatility in price, show lower effeciency of management.

This seems to be a nice bet for a nominal exposure.
As capital seems to be safeguard due to undervalued stock.

But needs more information on the stock to make it a sure bet.

Request you to correct me on above information if I am wrong.
Views invited.

Discl. Not invested , but tracking closely.