Tuesday, June 8, 2010

GEI INDUSTRIAL SYSTEMS LTD - LEADER IN A CHANGING TECHNOLOGY

 

GEI INDUSTRIAL SYSTEMS is a Bhopal based
company  manufacturing  air cooled steam condensers
and heat exchangers. Its products are mainly used in
industries like Power Generation Plants, Refineries ,
Fertiliser plants ..etc. Company is a leader in air-cooled
condenser technology. This method is gaining acceptability
due to scarcity of water and also some state governments
forcing for replacing of water cooling system with air cooling
system by law. Company is now receiving very good order
flow mainly from power plants. It also planning to introduce
some new products like Deaerator, HP heater, LP heater..etc.
Now GEI is planning for a capacity addition of 100% at a
cost of Rs.70 crore.For the FY 2010 company posted a
turnover of Rs.244 Cr and a net profit close to Rs.15 Cr.
Considering the expertise of management in this technology
and the quantum of new projects in its user industries ,
there is enough scope for growth in future. Persons close
to the management is actively purchasing shares from
open market is another point to note. Currently it is quoting
around Rs.120/-.Keep an eye on it.

6 comments :

  1. Sir,
    I have 2000 shares of GTN Industries Ltd., I have a view of 1 year. in this regards can you give a comment on this scrip whether it is worth holding or not.

    regards

    Dainy

    ReplyDelete
  2. This comment has been removed by the author.

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  3. This comment has been removed by the author.

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  4. Dear Dainy

    Sorry ,I am currently not tracking any company from textile sector

    ReplyDelete
  5. ANOTHER SE INVESTMENT IN MAKING:

    ARMAN FINANCIAL bse code 531179 seems better choice than Capital Trust.Atleast Arman Financial they have never gone into loss since past many years.I feel recent foray into MFI will bring the company into greater dimension and forthcomming higher NP, thereby, entering into different league like SE Investment.One can steal the opportunity at lower prices and have patience.Management is good and proven.It will go miles after miles.

    ReplyDelete
  6. SHIRPUR GOLD 512289 CODE
    FOR LATEST UPDATE:
    KIRTISCRIPSCAN.NET

    Words nahi hai Thareef karne ke liye, hamara great guru sharma ji, kya bole ga Sacchi Niklega. great. great. great..

    he told only one thing. 100 shares of shirpur in comming years is equivalent to one Mercedes Benz.

    It is true. Shirpur is going to Rock.. Hold it. dont sell it. Its goldmine....

    ReplyDelete

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