HBL Power Systems Ltd (HBL)

HBL Power Systems Ltd (CMP: 300): Is leader in design, development and manufacture of industrial & specialized batteries, allied electronic products and DC systems in India. DC power systems are used across the world for a variety of application where the traditional power supply system cannot be sustained/supported. It is specifically required in mobile (non-stationary) applications like rail coaches, aviation etc. Therefore company focuses mainly on five key sectors namely telecom, aviation, railways, defense and other industrial segment including oil & gas, power, petroleum, steel etc.

HBL has been supplying various batteries for train lighting, air conditioned coaches, locomotives, signaling and communications. But off late, company has designed and developed wide range of microprocessor based signaling products and power systems to cater to the needs of Indian Railways. This Railway segment is expected to be the major growth driver in coming years, since the railways have embarked upon the modernization programmes of signaling systems all over the country in a phased manner.

For the nine months ending Dec 2007 it has recorded 100% growth in sales to Rs 688 cr whereas PAT zoomed up 125% to Rs 47.50 thereby surpassing the entire FY07 net profit of Rs 32 cr by huge margin. Accordingly it is expected to end FY08 with sales and NP of Rs 1000 cr and Rs 72 cr respectively. This works out to an EPS of Rs 30 on equity of Rs 24.30 cr. At current the script is trading at P/E ratio 9x with the 2008 figures. going forward it is estimated to post an EPS of more then 40 for the financial year 2009. This could be a very good buy chances are bright to reach the 400 in a short span of time.

Prithvi Information Solutions

Prithvi Information Solutions (CMP 174) : This company is based in Hyderabad and engaged in IT solutions and services. this company have bulk of customers are based in the USA. one of the good thing of this company is it's revenue is not coming from an single client it is distributed across different clients, and its biggest client contributes just 4% of the total revenue.


With recent correction in the Indian market and fall in the Dollar rate it's valuation has become low. Recently this company got an order worth 300 Crore from the Indian Telecoms giant BSNL. At current market price this scripts P/E ratio works out to be less then 3.5X. At current market rate this Share is very good buy.

Murudeshwar ceramics

Murudeshwar Ceramics(CMP 60) : Is one of the leading manufacturers of vitrified tiles , ceramic tiles and granites in India with its popular brand "NAVEEN" located in Karnataka. Importantly, company derives nearly 80% of revenue from sales of vitrified tiles which enjoy higher margin than the rest two. In there total sales institutional clients contribution is 60% and retail clients contribution balance 40%.

With the boom of infrastructure, construction and malls culture prospects of the company is bright and with the 2008 financial figures on conservative basis it works out an EPS of 15 and with the current market price it's trading at P/E ratio less then 4x times.
Also this year chances are there to annonce bonus as this is Silver jublee year for this company.

This script would be good buy for the investors with long term in mind.

Vakrangee Softwares Ltd.

Vakrangee Softwares Ltd. ("Vakrangee"), the leading integrated document and printing management solutions provider and is one of the top companies which grabbing the e-Governance drive in India, has entered into a strategic alliance with Eastman Kodak Company to offer mass customization & personalization of customer communication practices in India.



This company has provided good figures for the fourth quarter of financial year 2008, and has good order book for the coming financial year. at present this script is trading at around CMP of Rs 205. it looks it may touch Rs 300 in 6 to 8 months period.