Tuesday, December 6, 2011

HI-TECH GEARS - BUY





Hi-Tech Gears is one of the largest manufacturers of  auto components in India .Its product list includes Precision forging components,Engine Components and two wheeler parts.Company is a major supplier to Hero Motocorp,Honda Motors,Tata Motors,Caterpillar, Cummins..etc.It is also in export market and recorded a jump of 80% in exports in last financial year.Now company is developing some new products and also adding new markets like Brazil and U K. Company's management is share holder friendly and paying good dividend and issuing liberal bonus in regular interval.For the financial year ended March 2011 , Company posted a turnover of Rs.427 Cr and a net profit of Rs.35 cr .In the latest September quarter Sales were Rs.118 Cr and net profit were Rs.10 Cr .At current market price of Rs.121, Hi-Tech Gear is one of the safest bet from auto component sector.
Posted by VALUEPICK at 6:47 PM
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18 comments :

  1. UnknownDecember 6, 2011 at 8:41 PM

    Please post few recommendation for "Aggressive" and "moderate" portfolio building from your blogs itself.

    This could be the best portfolio instead of following others who are seen on tv channels.

    ReplyDelete
  2. UnknownDecember 6, 2011 at 8:44 PM

    Any take on distilleries (alcohols) company.

    1. Jagatjit industries (one of ur recommendation )
    2. Tilak nagar industries
    3. Piccadilly agro.

    Tilaknagar is showing some movement since 2 days.

    ReplyDelete
  3. UnknownDecember 6, 2011 at 8:45 PM

    Do you track Dion Global ?

    ReplyDelete
  4. RishantDecember 7, 2011 at 6:42 AM

    Valueji,
    Whats your take on Shanthi Gears and ELECON Engg which are in the same field?
    I am hearing a lot ab Shanthi Gears post re-structuring and its products. It was one of the best earlier. Wanted to know your views if possible.

    ReplyDelete
  5. RishantDecember 7, 2011 at 6:42 AM

    Valueji,
    Whats your take on Shanthi Gears and ELECON Engg which are in the same field?
    I am hearing a lot ab Shanthi Gears post re-structuring and its products. It was one of the best earlier. Wanted to know your views if possible.

    ReplyDelete
  6. AnonymousDecember 8, 2011 at 7:12 AM

    Dear Sir,
    i want your opinion on HCC.

    Rgds

    Maneesh

    ReplyDelete
  7. vishnuDecember 8, 2011 at 9:10 AM

    Dear Valuepick,

    I am holding Aries agro 500@Rs. 114/- Please advice whether to average at current market rate or just hold.

    Please advise

    Regards and Thanks

    Vishnu R Nair

    ReplyDelete
  8. b.s.guhanDecember 8, 2011 at 10:16 PM

    what is your comment on bharat electronics which has high cash reserve and defensive bet

    ReplyDelete
  9. VALUEPICKDecember 9, 2011 at 5:48 AM

    Dear Deepak

    Will look into it

    ReplyDelete
  10. AnonymousDecember 9, 2011 at 10:08 PM

    Is there any change in your view on Camlin Fine Science. what is this SEBI investigation thing, yr comment pls

    ReplyDelete
  11. VALUEPICKDecember 10, 2011 at 7:17 AM

    Dear Rishant

    If you are ready to wait for long time it is good time to enter in stocks from engineering sector.

    ReplyDelete
  12. VALUEPICKDecember 10, 2011 at 7:18 AM

    Dear Maneesh

    Not tracking HCC

    ReplyDelete
  13. VALUEPICKDecember 10, 2011 at 7:18 AM

    Dear vishnu

    Hold it

    ReplyDelete
  14. VALUEPICKDecember 10, 2011 at 7:20 AM

    Dear b.s.guhan
    BEL is a good defensive bet but expecting only market performance.

    ReplyDelete
  15. VALUEPICKDecember 10, 2011 at 7:25 AM

    Dear Friend

    Changing a stock to 'T' group is not part of any SEBI investigation.It is regular practice to control volatility in stock price.As far as my understanding there is NO investigation against Camlin Fine Chem.

    ReplyDelete
  16. brijsolutionDecember 10, 2011 at 3:22 PM

    Dear Valuepick,

    Cochin mineral also now in T group,, my indiabulls

    securities not allow me to trade now..

    What to do in that such case?

    ReplyDelete
  17. VALUEPICKDecember 10, 2011 at 6:36 PM

    If you have sufficient money in your trading account and exchange is permitting a scrip to trade and your broker is a member of that exchange they should permit you to trade in any scrip in any group provided you are not barred by the authorities .If they are not permitting better to change the broker.

    ReplyDelete
  18. SanthoshDecember 10, 2011 at 8:56 PM

    Sir,
    What would be your favourite picks from enginerring sector?

    Thanks!

    ReplyDelete

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