Continuing from my previous post, I would like to draw attention towards some other mid caps carrying huge potential to multiply. Among the shipyard companies, Bharati Shipyard is very attractive buy at current valuations currently quoting @PE of less than 4 whereas its peers like ABG & Pipavav are trading at much higher valuations. I find worth mentioning Jindal Poly Films - another giant in PET films especially BOPET films. Jindal Poly is currently quoting just @PE of 2.6 with an EPS of 128 in FY11 and needless to mention, this firm is backed up by the giant JINDAL Business house.
Moving on to aviation sector, I strongly support & see Spicejet Limited as next rising force in Indian aviation. Please do notice that Spicejet is the 3rd private international air carrier in India after Jet Airways & Kingfisher. Leaving apart the Dayanidhi Maran"" controversy, Spicejet seems to be a value pick @current valuations or on slight dips. Well, last 2 years we saw a boom in housing finance firms like LIC housing finance & GRUH finance (HDFC is the maestro here) - still we have GIC housing finance & Dewan Housing Finance which are looking a compelling buy owing to their progressive earnings YoY. People who may have missed on LIC housing finance or GRUH finance can still grab GIC housing finance which seems to be a growing force in this segment. I find another oppurtunity, in construction sector - Shriram EPC - part of Shriram business empire which is posting very healthy earnings YoY. Keep a watch on this counter currently corrected a lot in last 6 months and placed dirt cheap - a buy from all angles.
To conclude, I see Suzlon as another value pick @current prices but may be with a long term prospective. The worst days of Suzlon seems now gone & company seems ready to post progressive earnings in coming quarters. I would be covering the mentioned picks in details with quantitative data in posts to come… keep tuned..
Enjoy Reading …..
Moving on to aviation sector, I strongly support & see Spicejet Limited as next rising force in Indian aviation. Please do notice that Spicejet is the 3rd private international air carrier in India after Jet Airways & Kingfisher. Leaving apart the Dayanidhi Maran"" controversy, Spicejet seems to be a value pick @current valuations or on slight dips. Well, last 2 years we saw a boom in housing finance firms like LIC housing finance & GRUH finance (HDFC is the maestro here) - still we have GIC housing finance & Dewan Housing Finance which are looking a compelling buy owing to their progressive earnings YoY. People who may have missed on LIC housing finance or GRUH finance can still grab GIC housing finance which seems to be a growing force in this segment. I find another oppurtunity, in construction sector - Shriram EPC - part of Shriram business empire which is posting very healthy earnings YoY. Keep a watch on this counter currently corrected a lot in last 6 months and placed dirt cheap - a buy from all angles.
To conclude, I see Suzlon as another value pick @current prices but may be with a long term prospective. The worst days of Suzlon seems now gone & company seems ready to post progressive earnings in coming quarters. I would be covering the mentioned picks in details with quantitative data in posts to come… keep tuned..
Enjoy Reading …..
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