Stock Tips For NSE & BSE Earn Money Stock Below 100 Rs midcap multibagger Stock recommendation

Stock Tips For NSE & BSE Earn Money  Stock Below 100 Rs  midcap multibagger Stock recommendation

Finolex Cables Ltd

NSE Code: FINCABLES

BSE Code: 500144

CMP NSE : 62.25

Key Market Stats
Mkt. Cap. (Rs. million) : 9635.18
P/E 159.79
P/BV 1.66
Div (%) 10.00
Del Vol/Total Vol (%) 57.04

Financial Data :
(All figures in Rs. Lakhs)

Details 30-SEP-2009 30-JUN-2009 30-SEP-2008
Net Sales/Income from Operations 39779 32055 36498
Profit from Operations before Other Income, Interest & Exceptional Items 5712 4045 2129
Net Profit /Loss 2875 2200 180
Face Value (In Rs ) 2 2 2
Basic EPS after Extraordinary items 1.88 1.44 0.12
Public Shareholding (%) 64.87 64.87 66.92

Major shareholders of this stock as per Sep 09 details

Name of the shareholder Number of shares Shares as a percentage of total number of shares
Leela R Chhabria 1779600 1.16
Reliance Capital Trustee Co Ltd – A/C Reliance Diversified Power Sector Bn 1991391 1.3
Templeton Mutual Fund A/C – Franklin India Prima Fund 4012992 2.62
Anil R Chhabria 5146060 3.36
Life Insunrace Corporation Of India 13835835 9.05
Finolex Industries Limited 22187075 14.51

technical Chart
FINCABLES

Verdict: buy at CMP

1st Target : Rs 74

2 nd target Rs : 92

SL :Rs 58.50

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Discalimer
The author of this page is not a registered financial advisor, and you should not think anything written here to be investment advise. You should consult a qualified broker or other financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments. Whenever Author Talks about a Stock or Index.It may be safely assumed that he may have a position in the Stock or Index .