Sunday, August 8, 2010

DHP INDIA -BUY



DHP INDIA - Earlier this Kolkata based company was
engaged in Leasing and hire purchase business and later
ventured into the manufacturing of LPG  regulators, fittings
and assemblies. Now company stopped
its financial related activities and concentrating in this business.
Its manufacturing unit is located at Howrah in West Bengal with
an installed capacity of 1.5 million regulators per annum , from where
it producing propane, butane and LPG regulators, hose assemblies
and brass fittings .Recently company started its expansion project
to expand capacity by 50% which is funded through internal accruals.
Company’s products having big potential in a country like India with
huge population and less penetration in this segment.For the financial
year ended March 2010 company posted a turnover of Rs.18 Cr
and a net profit of Rs.2.3 Cr .On an equity base of  3 Cr ,company
posted an EPS of Rs.7.7 .Company also declared a dividend of 10% .
Expecting better performance from expanded capacity utilization one
can BUY at CMP of Rs.41/- for medium term

23 comments :

  1. I have this stock 4k shares @ 23,

    on monday i will sell some parts and make free shares :). Enjoy.

    ReplyDelete
  2. If your claim is true ,you are a real fool .Will anybody reveal it before selling ?

    ReplyDelete
  3. sir, no announcement of quarter 1 results till now ? not even date is given till now about board meeting ?

    ReplyDelete
  4. Dear Mr Gopi

    From this qtr onwards SEBI has extended the time frame for declaring qtr results frm 30 days to 45 days and reduced full year result time from 3 months to 2 months .

    ReplyDelete
  5. Sir,
    Will you please comment on gyatri bio-organics(524564. How will it be in medium to long term?

    ReplyDelete
  6. Dear VV

    Very huge equity may limit the gains in Gayatri Bio,better to look into universal starch

    ReplyDelete
  7. thank you sir for your reply

    ReplyDelete
  8. What is the target one can have in DHP for 6 months time frame? The stock has already risen sharply from Rs.22 to Rs.42 levels in the last 4 months. How long this rally can last?

    ReplyDelete
  9. Sir,

    Do you track OK Play India, It seems to be undervalued now keeping in mind the kind of expansion it is having.

    ReplyDelete
  10. I am skeptical about the management of OK play.MD of this company was the price accused of septic tank scam earlier .You can read the news using the following link

    http://timesofindia.indiatimes.com/city/chandigarh/PSCST-director-2-IAS-officers-among-12-held/articleshow/4646957.cms

    ReplyDelete
  11. How do you compare Kaveri Seeds with Rallis India. Rallis India is part of Rakesh Jhunjhunwala portfolio and promoted by Tata Group.

    ReplyDelete
  12. Neeraj Sharma said...
    Hello Valuepickji,

    But this counter has very little liquidity!
    Daily volume is too low!
    Can we trust it?
    Also promoter holding is very high.
    Solicit your views.
    Regards,
    Neeraj Sharma

    ReplyDelete
  13. DEAR VALUEPICK
    PG FOILS LTD ARE RUNNING IN MARKET
    WHAT SAY TARGET ?
    PLS TELL ME

    ReplyDelete
  14. Dear Sir

    But it also had name of MD of Sintex Industries, and we all know how big value creator Sintex has been for its shares holders. I see some bargain hunting in this stock at this price. What's your call on this.

    ReplyDelete
  15. sirji patel airtemp??

    ReplyDelete
  16. Sir

    Is the result of DHP good?

    Can i hold it?

    ReplyDelete
  17. Hi Valuepick ,

    I am holding DHP 1200 shares@42,now it is trading at Rs. 38.00.What should I do?Hold or exit?

    Please suggest.

    ReplyDelete
  18. how do we analyse the results of june quarter of dhp ndia

    ReplyDelete
  19. VALUEPICK,
    DHP INDIA is going down from the recommended Price. Is there any bad news.Please suggest

    ReplyDelete
  20. June Qtr of DHP is below expectation,Before taking a decision ,better to wait for one more qtr

    ReplyDelete
  21. Sir,

    Could you please advise me which company stock to invest, share price around between 25 rupees to 50 rupees.

    Regards
    Badri

    ReplyDelete
  22. sir i already bought DHP 1000 shares at 40.so shall i average another 1000 shares at 34/-.pls need ur advice

    ReplyDelete

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