Markets
BSE See NSE See 39,046.34
85.55 (0.22%)
collapse Related Readings collapse

Your Stock Queries

| 5/3/2012 9:00 PM Thursday

JYOTI STRUCTURES

I had purchased shares of Jyoti Structures at Rs 100 per share, but the stock price has fallen since then. Please suggest what I should do with these now.

- G. Babu, Bhopal, Madhya Pradesh

Jyoti Structures (JSL), BSE/NSE Code 513250/JYOTISTRUC, with a face value of Rs 2, is currently trading at Rs 44.80, which is at a 55 per cent discount to your acquisition cost. Its 52-week high/low stand at Rs 100 and Rs 35 respectively.

JSL provides turnkey solutions worldwide in the field of high voltage power transmission lines and substations. It offers a range of services, including the design, project management and installation of high voltage underground cables and optical fibre ground wire networks. It also engages in manufacturing prototypes, microwave towers, windmill towers and railway electrification structures, as well as in fabricating and galvanising transmission towers and structures.

For the nine months ended December 2011, its topline witnessed a growth of 12 per cent on a YoY basis, and stood at Rs 1856 crore as against Rs 1657 crore for 9MFY11. However, the bottomline witnessed de-growth of 18.22 per cent YoY, and stood at Rs 62.08 crore as against Rs 75.91 crore for 9MFY11. The stock discounts its trailing 12-month earnings by 3.79x and the EV/EBITDA stands at 2.47x. The decline in the net profit can be attributed to the 50 per cent rise in interest outgo on a YoY basis.

Currently, the power sector is in a kind of gloom as a whole, and the ripple effects of this are being witnessed in related
sectors too. We suggest that you exit the counter at present, even if you have to book losses.

SRF

Please advise as to whether I should buy shares of SRF at the current price.

- A Krishnan, Via Email

SRF, BSE/NSE Code 503806/SRF, with a face value of Rs 10, is currently trading at Rs 235.80 with a 52-week high/low of Rs 353 and Rs 231 respectively.

 

Find More Articles on: DSIJ Magazine, Portfolio Guide, Stock Recommendations, Fundamental Picks, Product, Mid Cap, Small Cap

«« First « Previous |1 2 3 | Last ››
news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

MIDHANI and HAL partner to develop bio implants

Geyatee Deshpande / Article rating: 5.0

Mishra Dhatu Nigam Limited (MIDHANI) signs an MoU with Hindustan Antibiotics Limited (HAL). This MoU will provide synergy for quality manufacturing of MIDHANI’s Bio-medical Implants and get access to the pan-India distribution of HAL. This partnership is aimed to gain advantage from the strengths of both the companies and benefit users of Bio-medical products in India.

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.