Company : PAUSHAK LTD
BSE Code : 532742
Group/Index : B
CMP : Rs.74/-
FV : 10
Paushak is a specialty chemical company based in Gujarat and belongs to Alembic group .It is one of the known producers of Phosgene and its derivatives.These products are mainly used in industries like Pesticides,Pharmaceuticals polyurethanes , plastic manufacturing..etc .Phosgene is a highly poisonous gas and it can be converted into liquid by cooling and pressure.Because of the dangerous nature of the product ,it is not very easy to get the lisence for manufacturing this products and environmental clearance is always an issue.Atul ltd is another company in India manufacturing similar type products.Paushak is planning to increase the capacity of Phosgene based products and it already seek goverment permission to expand the capacity.Enviournmental impact Assessment already completed by the ministry and the the permission is expected soon.In the financial front ,for the nine month ended December Paushak posted a turnover
of Rs.22 Cr and a net profit of Rs.2.96 Cr .On an equity base of Rs.3.21 Cr EPS is Rs.9.2 v/s last full year EPS of Rs.6.67. Company declared dividend of 20% each in last two years. This alembic group company deserves a closer look .CMP is Rs. 74/-
i am an ardent admirer of ur blog. am a small investor & has been successfully deploying small amounts in stocks rcmndd by u. in most cases i hd bkd partial profit & balance kept on hold.the one i sold off gained much but that's stock market(dfm foods-exit at 86lvl) !!
ReplyDeletei wud b very thnkfl 2 u if u could gv views on the fllwng - 2 add more or not.
Cosmo ferrites @14 nw 15
jenburkt pharma @82 nw 72
kaveri seeds @238 nw 329
srinivas htchries @113 nw 98
sumedha @27.75 nw 20.5
timex @43.2 nw 30.5
aarbeeyem
SHOULD I BUY RAM RATNA WIRES? PLZ GIVE ME YOUR RECOMMENDATION?
ReplyDeleteTHANKS.
PLZ GIVE UR CURRENT VIEW ON BUY OF CSMO FERRITES?
ReplyDeletePLZ GIVE UR VIEW ON STERLING TOOLS ?
ReplyDeleteCosmo ferrites - HOLD
ReplyDeletejenburkt pharma BUY
kaveri seeds BUY around 300
srinivas htchries BUY
timex @43.2 HOLD
Dear KMD
ReplyDeleteMy BUY rec on Ram Ratna Wire was @ Rs.48/- when its face value was Rs.10/- .Now the FV reduced to Rs.5 and share price is around Rs.45/- an appreciation around 100% .At CMP it is only a Hold for me
Hi ValuePick,
ReplyDeleteI have bought Vivimed labs based on your recommendation at 270/- now its around 250/- Can I add more..?? Please let me know..
Thanks a lot,
Ravi
Hi Valuepick,
ReplyDeleteWhat is your take on Allied Digital...after all these IT raids news and FII sellout? Don't you think this stock has become a pure value buy @CMP.Please put some lights on this scrip ?
Regards,
Vikas
Dear Ravi
ReplyDeleteConsider averaging if it come down 20 % below your purchase price without any company specific negative news
Dear Vikas
ReplyDeleteNot tracking Allied Digital
Thank you Sir :) I appreciate your hardwork in coming up with good analysis... keep up the great work :)
ReplyDeleteThanks very much for the prompt reply.
ReplyDeleteSumedha - can v average at the prsnt lvl.(hldng frm 27.75lvl-nw at20.6)- there is a nws that promoter has changed. eagerly waiting fr ur cmmnts.
aarbeeyem
Dear Sir
ReplyDeleteWould you recommend fresh buys at the current levels?