Cosmo Films: (Rs.99.00) (Code: 508814) :- The company is a leading company in production of bio-axial oriented polypropylene films. The company has acquired GBC Commercial Print to improve its position in the business of thermal lamination films. Financial performance of the company is constantly improving and net sales of the company had improved by 13.9 per cent during last five FY’s. On the other hand net profit of the company has improved by 44.12 per cent during the same period. Company has entered in to high growth zone with its successful acquisition at attractive price. Investors may plan investment in the company for medium term.
Maytas Infra: (Rs.137.00) (Code: 532907) :-Very recently charge of the company was handed over to Infrastructure Leasing and Finance (IL & FS). The company has now entered in to contracting business. Creditors of the company have invested more than Rs. 4000 crores in the company, which is expected to provide benefits to vendors and investors. The Company is expected to bag order band finance and other contracts with stable management. It is the first instance, where a finance company is entering in to contracting business. IL & FS is a direct competitor of Mayas. The company is planning to rope in new investors in the company.
IDFC: (Rs. 134.00) (Code: 532659) :- Financial performance of the company during Q1 ended in June 2009 was very good. Net interest income of the company has improved during the quarter. Company has earned good profit from the diversification in the business of asset management. During Q1 of FY 2009-10 gross assets under management of the company has increased by four fold to Rs. 72 crores, where as gross profit has improved by 30 per cent to Rs. 372 crores and net profit by 26 per cent to Rs. 272 crores. Company has once again started focusing on the development. In the segment of infrastructure performance of the company is expected to improve with growth at higher rate. Investors may plan investment on the counter for medium term.
Indraprasth Gas: (Rs. 160.00) (Code: 532514) :- The company is mainly active in two business segment. Company at present has 181 CNG stations and planning to launch 30 more CNG station by the end of FY 2009-10. During Q1 of FY 2009-10 ended in June 2009 the company has earned net profit of Rs. 48.27 crores from the sales of Rs. 233.92 crores. The company has equity capital of Rs. 140 crores. Stock trades in current market at 13 times of the estimated income of 2009-10. Invest on the counter for next two to three quarters.
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