Wednesday, July 28, 2010

DR . AGARWAL'S EYE HOSPITAL LTD - BUY @CMP -Rs.71/-

Corporate hospital chains are catching the attention
of Investors in recent times and this industry is
considered as a sunrise sector. Along with this ,
specialized hospital are expected to came to limelight
in near future. Dr.Agarwal’s Eye hospital is the largest
listed specialised eye hospital chain operating in India.
This company is promoted by Dr.J Agarwal in 1994 at
Chennai.At preset it has 30 Centres in Tamilnadu, 1 in
Andhra ,2 in Rajasthan and 1 centre in Mauritius .Company
offering all latest treatments in eye care and ophthalmology .
Company is going through an aggressive expansion and
planning pan India operations in near future. In the initial
years ,this type of an industry requires large capital
expenditure to start hospitals .Buy when reached a critical
mass the margins will be higher. So long term investors can
BUY this at CMP of Rs.71/-. For the last FY ,company
posted a turnover of 87 Cr and a net profit of 52 lacs. In the
latest June qtr ,company posted a turnover of Rs.26 Cr and
a NP of 1.2 Cr.

11 comments :

  1. the stock is up 10% today any comments??

    ReplyDelete
  2. please dont buy this stock, they are in a bad business. their prime competator are vasan eye and arvind eye.
    aggarwal are no math with them.

    please do mention that they have shut down many of their offices due to management failure in the past.

    ReplyDelete
  3. There is scope for more eye hospitals other than vasan and arvind.Use of computer will create more eye patients and more business for eye hospitals

    ReplyDelete
  4. PLS RECH PG FOIL LTD TECHNICAL & FUNDAMETAL AND SAY TARGET
    AND INCLUD YOUR VALUE PICK STOCK
    EQ 8 CR EPS 18 RS PRMOTER STAK 56% BOOK VALU 80 RS
    CPM 52 (NON FERAR ALUMINIUM PRODUCT)

    ReplyDelete
  5. WHAT YOU THINK IN MORGAN IND LTD (BSE 523564)CMP 5.11 AT 5% CIRCUT
    BSE ANOUNCMENT MORGAN ARE SUSPEND

    ReplyDelete
  6. Raj

    On a continuous basis company is making substantial loss/profit from other than its core activity .So ....

    ReplyDelete
  7. Dear Manish

    Not tracking Morgan

    ReplyDelete
  8. Sir,
    Dr. Agarwal's Health Care Ltd. has made open offer for acquisition of shares in Dr Agarwals Eye Hospital Ltd.

    Board meeting is scheduled for Jan25,2011 for deciding the same.

    What will be the impact of this development on the stock?

    ReplyDelete
  9. Since it is only for 20% ,not much upside from current is expected only because of this.But ,it is a fact that the promoters itself is seeing Rs.100 is cheap for the company that is a big positive.

    ReplyDelete
  10. Thanks for the quick response,Sir.

    The Market value is only Rs.40 Crores whereas they have got Private Equity investor willing to invest Rs.60 Crores which will be used to set up at least 20 more Eye hospitals across southern states of India.

    I think this share is worth at least Rs.250 so i will not tender my shares in open offer at Rs.100.

    ReplyDelete
  11. Sir,
    Does this stock have any more potential. A private equity fund which has bought 20 per cent stake for Rs. 60 crore in Dr. Agarawal's health care, the holding company is looking to exit for three times the value of its investment (see economic times MArch 5, 2014). The report values Dr. Agarwal at rs. 900 to 1,000 crores) where as the market cap is only Rs. 40 crores now. So is this an undervalued company or a very badly managed company which the market is ignoring.

    ReplyDelete

Followers

Tweet TopOfBlogs