UPDATES ON PREVIOUS RECOMMENDATIONS

1) AHLCON PARENTERALS LTD

Recommended Price Rs.64

Current Price Rs.501 

Current Recommendation : Book Profit

Recommendation Link HERE

2) ROTO PUMPS  LTD

Recommended Price Rs.80

Current Price Rs.395

Current Recommendation : Sell 25 % of original holdings and keep the rest as cost free

Recommendation Link HERE


3) LA-OPALA RG

Recommended Price Rs.66

Current Price Rs.1013

Current Recommendation : Sell 10 % of original holdings and keep the rest as cost free

Recommendation Link HERE

ROTO PUMPS LTD - BUY

 Roto Pumps ( BSE - 517500) started its operations in 1968 as a producer of progressive

cavity pumps , whose demand met by import till then.Company  also producing 

Twin Screw pumps and Centrifugal pumps in its two most modern facilities located

at Noida.Roto distributing its products around the globe and it has marketing offices in

Australia and UK.Recently company started a subsidiary in Germany .Company also

having strong marketing network in India.Progressive cavity pumps are used to pump

liquids with high solid content and flow needs to be controlled .These type of pumps are

generally used in industries like Beverages,Pharma,Food processing,dairy,Effluent and

sewage treatment and mining etc..Other type of pumps made by the company are used

in sectors like irrigation,agriculture..etc. More than  half of its sales coming from export

and this itself is a testimony for the quality of Roto’s products.Roto is going through a

capacity expansion programme and the benefits of this will reflect in the near future.

This is one of the cheaply valued listed player in this sector compared with KSB Pumps,

WPIL,Kirloskar ,Sakthi Pumps ..etc . Roto has  a tiny equity base of 3 crore

where promoters are holding almost 70%.Last year company posted a turnover

of Rs.76 crore and a net profit of Rs7.28 crore and an EPS of RS.24/- .On a continuous

basis ,for the past five years company steadily increasing its sales and net profit and

paying dividend without any interruption.Even in a difficult time for its user industries

company performed well.With a P/E multiple of just 4,Roto Pump is a safe bet for steady

return.CMP is Rs.99/-

ROTO PUMPS - BUY

Company                  : ROTO PUMPS

BSE Code                  : 517500

Group/Index           : B

CMP                          : Rs.86/-

FV                              : 10

Recommendation    : BUY

Roto Pumps started its operations in 1968 as a producer of

progressive cavity pumps , whose demand met by import

till then.Company  also producing Twin Screw pumps and

Centrifugal pumps in its two most modern facilities located

at Noida.Roto distributing its products around the globe and

it has marketing offices in Australia and UK. Company also

having strong marketing network in India.Progressive

cavity pumps are used to pump liquids with high solid

content and flow needs to be controlled .These type of pumps

are generally used in industries like Beverages,Pharma,

Food processing,dairy, Effluent and sewage treatment

and mining etc.. Other type of pumps made by the

company are used in sectors like irrigation,agriculture..etc.

Half of its sales coming from export and this itself is a testimony

for the quality of Roto’s products. Roto is going through a

capacity expansion programme and the benefits of it will

reflect in the near future.Now company’s customers are

posting good business which

will help the company too.This is one of the cheaply

valued listed player in this sector compared with KSB ,WPIL,

Kirloskar Brothers,Sakthi Pumps ..etc . Roto has a tiny equity

base of 3 crore where promoters are holding almost 70%.

Last year company posted a turnover of Rs.52 crore and a net

profit of Rs.3.3  crore and an EPS of RS.10.7 . On a continuous

basis ,for the past four years company increasing its sales and net

profit. For the Nine month ended December 2010 ,Roto posted an

EPS of Rs.13/-  Roto has an uninterrupted dividend history for

the past five years and paid 20% each in last three years.

Currently it is trading around Rs.85,with a P/E multiple of  just

5 on the expected full  year EPS  of Rs.17 +

ROTO PUMPS - REPEAT

Earlier Recommended as a BUY @ Rs.80 and BOOK PROFIT above  Rs.125/-

Reiterating BUY @ CMP of Rs.99/-
--------------------------------------------------------------------------------------------------------------

Roto Pumps started its operations in 1968 as a

producer of progressive cavity pumps , whose

demand met by import till then.

Company  also producing Twin Screw pumps and

Centrifugal pumps in its two most modern facilities

located at Noida.Roto distributing its products

around the globe and it has marketing offices in

Australia and UK. Company also having

strong marketing network in India.Progressive

cavity pumps are used to pump liquids with high

solid content and flow needs to be controlled .These

type of pumps are generally used in industries like

Beverages,Pharma,Food processing,dairy,Effluent and

sewage treatment and mining etc..Other type of

pumps made by the company are used in sectors

like irrigation,agriculture..etc. Half of its sales

coming from export and this itself is a testimony

for the quality of Roto’s products.Roto is going

through a capacity expansion programme and the

benefits of it will reflect in the near future.

Now company’s customers are posting good business

which will help the company too.This is one of the

cheaply valued listed player in this sector compared

with KSB Pumps,WPIL,Kirloskar Brothers,Sakthi Pumps

..etc . Roto has  a tiny equity base of 3 crore where

promoters are holding almost 70%.Last year company

posted a turnover of Rs.52 crore and a net profit

of Rs.3.3 crore and an EPS of RS.10.7 .On a continuous

basis ,for the past four years company increasing

its sales and net profit.For the Six month ended

September 2010 ,Roto posted an EPS of Rs.8.80/- 

A good Buy for long term at CMP below Rs.100/-

Raw material price is a major factor to watch.

ROTO PUMPS Ltd -BUY

Roto Pumps started its operations in 1968 as a

producer of progressive cavity pumps , whose

demand met by import till then.

Company  also producing Twin Screw pumps and

Centrifugal pumps in its two most modern facilities

located at Noida.Roto distributing its products

around the globe and it has marketing offices in

Australia and UK. Company also having

strong marketing network in India.Progressive

cavity pumps are used to pump liquids with high

solid content and flow needs to be controlled .These

type of pumps are generally used in industries like

Beverages,Pharma,Food processing,dairy,Effluent and

sewage treatment and mining etc..Other type of

pumps made by the company are used in sectors

like irrigation,agriculture..etc. Half of its sales

coming from export and this itself is a testimony

for the quality of Roto’s products.Roto is going

through a capacity expansion programme and the

benefits of it will reflect in the near future.

Now company’s customers are posting good business

which will help the company too.This is one of the

cheaply valued listed player in this sector compared

with KSB Pumps,WPIL,Kirloskar Brothers,Sakthi Pumps

..etc . Roto has  a tiny equity base of 3 crore where

promoters are holding almost 70%.Last year company

posted a turnover of Rs.52 crore and a net profit

of Rs.3.3 crore and an EPS of RS.10.7 .On a continuous

basis ,for the past four years company increasing

its sales and net profit.For the nine month ended

Dec.2009 ,Roto posted an EPS of Rs.8.70/- and expected

to close the full year with around Rs.12/-.Currently it

is trading around Rs.80/- with P/E of below 7 compared

with industry p/e of 30-40.A good Buy for medium term .

Raw material price is a major factor to watch.