Texmo Pipes & Products Ltd.

Texmo Pipes And Products Limited a public limited company incorporated on 3rd July 2008 by conversion of Shree Mohit Indutries which was a fast emerging and spearheading industry an associate of Shree Balaji Industries established since 1988 at Burhanpur (Madhya Pradesh). The Company is equipped with professionally managed team of skilled operators, efficient technocrats and dynamic marketing personnel's. The Company image has been developed in the market due to its high quality products through process excellence by promoting efficiencies, productivity and professionalism with the result our brand TEXMO has spread in the heart of millions of widespread clientele, Govt., Semi Govt. organizations and private sectors with in the country and abroad.



The company has recently started CPVC pipes and fittings. It will add to their net profit in coming quarters. The company is trading at P/E ratio of 17 and industry P/E is 40 which implies the undervalueness of the company. It showed net profit of 1.82 cr whereas in 2013 it was 1.23 cr, with CPVC in action, the numbers may boost from now on. Please do your analysis before investing and be patient with the stock to get good returns. With current market price of 11, it can be bought for long term.

Sutlej Textiles - a real multibagger

Sutlej Textiles and Industries Ltd. (Sutlej Textiles was incorporated on 22.06.2005 and was created out of a corporate restructuring exercise in which the Textiles Division of Sutlej Industries Ltd. (SIL) and DamanGanga Processors Ltd. Were demerged w.e.f. July 1,2005 and it is one of the flagship unit of the multi-product conglomerate K K Birla Group. The Group has its dominant presence in Fertilizer, Engineering, Textiles, Sugar, Tea, Coffee, Food, Products, media , information Technology , Biotechnology and Shipping.

Sutlej Textiles excels in all stages of textiles productions. Its versatile production facilities are vertically integrated, From spinning and weaving to dying and finishing to making apparel.

International presence:
Argentina, Bangladesh, Belarus, Belgium, Brazil, Cyprus, Canada, Chile, China, Columbia, Egypt, England, France, Germany, Greece, Hong Kong, Indonesia, Italy, Iran, Israel, Japan, Jordon, Korea, Kuwait, Malaysia, Mauritius, Mexico, Morocco, Pakistan, Panama, the Philippines, Poland, Portugal, Romania, Russia, Saudi-Arabia, Spain, Singapore, Syria, SriLanka, Switzerland, South Africa, South Korea, Taiwan, Tanzania, Tunisia, Turkey, Thailand, the United States of America, the United Arab Emirates(UAE) and Vietnam, among others."

Certifications:
Status of trading house certificate(conferred by the Government of India) with ISO-9001 quality certification.

The company is trading at PE ratio of 4.76 and EPS of 80.19. The stock is very undervalued and may go a very long way as industrial PE is 11. The company has constantly delivered good results both QoQ and YoY. The company is paying a dividend of Rs. 8 as compared to previous year of Rs. 5 which is a good sign. The promoters are holding 64% of the stocks. I believe the stock has a long way to go and will turn out to be a real multibagger. The current price of stock is Rs 350 which is already appreciated but fresh entry can be made at this price also, may test your patience.

List of stocks to buy at current price

Hello friends!!

I am starting this blog very late. I should have created it earlier. I was recommending stocks on moneycontrol forum till now,  but from now onwards I will be regular here also. I am updating y whole list, earlier I updated few stocks only.

Earlier Recommendations:-
1) Granules - recommended at 200.....reenter at 540
2) Waterbase - recommended at 18....reenter at 30
3) IRB Infratech - recommended at 110....reenter at 210
4) VST Tillers - recommended at 700
5) Ambika Cotton Mills - recommended at 310
6) Camlin Fine Science - recommended at 32
7) Marksans pharma - recommended at 13
8) Kaveri Seed - recommended at 456
9) Manjushree technopack - recommended at 160..reenter at 400
10) Plastiblends - recommended at 112
11) Suven Life science - recommended at 69
12) Munjal Auto - recommended at 57....reenter at 72
13) Banco Products - recommended at 86...reenter at 90
14) Dynemic Products - recommended at 30.....reenter at 38
15) Cera Sanitaryware - recommended at 595....reenter below 1300
16) Wonderla - recommended for ipo....reenter at 200
17) Dhanuka Agritech - recommended at 170...reenter around 400
18) Rama pulp and papers - recommended at 4.95....reenter around 6-7
19) RS Software - recommended at 210....reenter at 350
20) La Opala - recommended at 682....sell call given at 1250
21) Arrow coated Products - recommended at 68....sell call given at 132...
22) Kitex Garments - recommended at 138....sell call given at 256

I will keep posting more stocks.

How to Explore Most Undervalued Stocks?

Every value investor is in search for a stock which is cheap, have consistently grown earnings and built shareholder value while minimizing overhead costs and excessive debt.

We limit our search to the following criteria:

• Any dividend yield – When we search for stocks, we tend to be lenient on dividend yields because smaller companies reinvest their dividends into the company instead of paying them out like larger, more established firms.

• Low P/E Ratio – We are looking for cheap stocks, so a low P/E ratio is always a good start. P/E ratios are simply a company’s stock price over its trailing 12 months earnings, which is a good indicator of whether a firm’s stock is cheap or a bit overvalued.

• Low Trading Volume – Stocks with high trading values have already been discovered by Dalal Street and institutional investors. Once trading volume increases, stocks tend to float more towards their fair valuation.

• High Net Profit Margin – An indicator of strong management is high net profit margins, the percentage of net profit earned from revenue.

• Low 12 month relative strength – Stocks that have underperformed in the last year are some of the best buying opportunities available. Often when stocks rally and increase in price, we’ve missed the buying window and lost the chance to make any gains.

• Low Debt to Equity Ratio – Invest in companies that create cash, not debt. Excessive debt is a warning sign to investors of a company struggling to pay its bills. If sales turn flat, how will the company pay off its creditors and still make a profit?

• High Revenue growth year over year – Year over Year growth rates are better metrics to use than simply quarter over quarter rates because they show hints of long-term trends. We only want companies that increase earnings consistently each and every year.