Buy ADSL cmp 232.50 SL 230 tgt 240+

Buy Yes Bank; target of Rs 290

Hindustan Unilever Ltd CMP:264.75  TARGET-274

Hindustan Dorr– Oliver Ltd. — a 55.1% subsidiary of IVRCL is in the business of providing Engineering & Turnkey solutions, Technology and EPC (Engineering, Procurement & Construction) installations in liquid solid separation applications.

HDO provides turnkey solutions on an EPC basis in various industry segments like Mineral processing and Beneficiation, Pulp and Paper processing, Fertilizer & Chemicals and Environmental management.

The company has a manufacturing unit with a capacity of 15,000 tonnes providing engineering equipments for internal EPC contracts and for 3rd party sales. It also has Knowledge Process
Outsourcing Unit providing outsourcing of design and engineering services.

The company currently has an order book of Rs 14 bn (2.7x FY09 revenues).

Further, the company is contemplating diversifying into newer segments of hydrocarbons, nuclear power, coal washeries, material handling which is a step in the right direction that would prove beneficial to the company with the revival of the economy.

Buy HANUNG above 112 SL 109 tgt 115-118-120 ..... Jast watch our RAYMOND 196 to 207.70

Astral Poly Technik-Play On The Transitional Shift

At CMP of Rs 180 the Astral Poly stock is trading at 8 times FY10E EPS and 5.9 times FY11 Estimated EPS of Rs 27. With increased capacities under its belt, the company is likely to grow at 30 per cent CAGR over the next 3 years.

Background

Astral Poly Technik is a major player in chlorinated poly vinyl chloride  (CPVC)  pipes and plumbing systems, with a licensing arrangement with Lubrizol of the US. It has entered into a JV with Speciality Process LLC of the US for manufacture of CPVC pipes and fittings for home, hospital, hotels and industrial applications.

Globally CPVC pipes are taking over from metal pipes, because of durability and corrosion resistant properties.

Expanding Capacities

Astral Poly has raised CPVC capacities to 26000 tpa in FY09 and will further raise the same to 35000 tpa by FY11.

Market Shift

Indian plumbing market is estimated to be worth Rs 25 to Rs 30 bn which is dominated by GI Pipes. On account of corrosion, heavy weight, high cost and low life span, market is shifting to GI Pipes.

New Products

The company has ventured into manufacture of SWR, Underground, Foamcore, ABS apart from increasing the range in its existing products of CPVC  and PVC pipes to Fire Sprinkler Systems.

BUY

Buy ELNET (Nse code 17565) cmp 64 SL 62 tgt 70+

Sujana Towers-Power Play
BSE 532887; CMP Rs 51

Shares in Issue: 6.82 crore
Market Cap: Rs 347 crore
Cash In Hand (post GDR)-Rs 150 crore
FY09 Revenues-Rs 700 crore
FY09 PAT-Rs 32 crore
FY09 EPS-Rs 7.7
PE - 6
Fair PE-10
Fair Market Value-Rs 80

Backdrop FY08
INDUSTRY OVERVIEW:
Domestic

The economic acceleration has put significant pressure on the existing infrastructure, such as power, roads, ports, airports and railways. According to certain estimates, India being the fifth largest generator of power, positioned behind USA, China, Japan and Russia is expected to surpass Russia and Japan by 2030.

However, power generation has not been able to catch up with demand growth in recent years. The demand-supply mismatch has been an area of great concern and the Government of India is committed to bridging this gap. In order to achieve the 11th five-year plan targets, the Government has introduced new accelerated process for awarding ultra mega power projects (UMPPs) to the private sector. The Government has already planned 8 UMPPs of 4,000 MW each and this initiative is expected to help the Government achieve the target of adding 76,000 MW by 2021.

ROCKET STOCK.... EVINIX ACCESSORIES Ltd. At 3.9/-; TARGET 5.5/- & 9/- EVINIX ACCESSORIES Ltd Trading in NSE & BSE at 3.9/-in B Group. (BSE Code- 532818;  NSE Code- EVINIX) Target 5.5/- & 9/- for short term. Safe Investment at 3.9/-. Good Dividend yielding. 1/- Face Value stock; Company having owned and managing  CUT stores and 61 Global Brands likeAdidas, Puma, Kappa, Lifestyle, Wrangler, Lacoste, Purple Wine, Reebok, Lee, Levi's, Mercedes Benz etc.. and Company having good International prestigious Clients from UK, USA, Erope, Denmark, Canada, Spain, Germany, France, Italy and Holland. The Board also took note of the "Transfer of Technology and Product License Agreement" entered into with "M/s. Playboy Enterprises International Inc.", USA. 4.60           +0.70   +17.95% 04 Jan, 15:59:44 Volume 3,108,296 Prev Close 3.90 Day's H/L (Rs) 4.68 - 4.05 52wk H/L (Rs) 5.46 - 1.49 Mkt Cap (Rs Cr) 49.22 See My last 3 Months calls 1) SE Invest given at 185/- Touched 400/- 2) Bihar Tubes Given at 57/- Touched 99/- 3) IFCI given at 42/- Touched 57/-4) Gujarat Borosil Ltd given at 11/- Touched 17/- 5) VIKAS WSP given at 21/- Touched 35/- 6) Techtran Poly given at 12/- Touched 25/- 7) SURYA PHARMA given at 90/- Touched 167/- 8) SANJIVANI PARENTAL given at 23/- Touched 34/- 9) PONNI SUGARS given at 57/- Touched 132/- 10) RPG LIFE SCINCE given at 23/- touched 78/- 11) EASTERN SILK given at 14/- touched 19/- 12) Comp-U-Learn given at 5/- Touched 35/- (7 times return).