Mar 27, 2015

AXISCADES Engineering Technologies Limited: Value and Growth Stocks

AXISCADES Engineering Technologies Limited is in precision engineering, Automotive, Aerospace, Heavy Engineering, and defense related business. Future scope of Avionics is very strong. About AxisCADES from Google Financial

Axis IT&T Limited is an India-based company engaged in the provision of engineering services. Its services portfolio comprises Mechanical and Manufacturing Engineering services, Electrical and Electronics services, Aviation services, Media services and Entertainment services. It has nine development centers in the United States, Europe and Asia. Its Mechanical services include Product Design, Design Support, Design Validation, Reverse Engineering and Engineering Customization & PLM. Its Manufacturing services include Virtual Manufacturing, Supply Chain Management and Quality Documentation. The Company’s Electrical and Electronics services include Hardware Engineering, Digital Signal Processing, Software Engineering, Modeling and Simulation, and Verification and Validation.

AxisCADES signed MoU with Airbus group.

Read more valuable info here at MoneyControl in talk with Group Vice Chairman.

Many companies in defense sector are in bad shape. This company is in healthy condition and making good profit. It is growing as well at healthy rate. So, if any new opportunity arise due to Make In India initiatives then this company can easily take the orders. It is not debt ridden or loss making so it wont find difficult to raise capital if it need to do so.

From June to Sept 2014, Promoters has increased 10% stake-holding.

If you see its PE etc then it is not looking cheap but when you see other companies in this segment then you will find that it is cheap. Also, good Balance Sheet is a big plus for this. Entry into defense and aerospace sector is not easy.

Recently big investors are buying it. Because it is near to 20 days moving average, it is a good buy even tomorrow. If you think that today and yesterday gain is good enough and it may correct then you can wait for say 20-30 days and initiate a buy.

CMP: 305.40,
P/E=37.21,
P/S= 2.50,
P/B=7.43.

Interest Coverage Ratio: 10.66.

RoCE: 17.26%

Mar 19, 2015

Cupid Ltd: Value and Growth Stocks

Here is a company called Cupid Ltd is in medical field but a kind of FMCG as well. It produces Contraceptives and export to many countries. It work with government and other organization in the field of sexual health etc. It produces Man and Female condoms.

Cupid Ltd services are contract manufacturing and research and development. Its brand names are Green-Love, Big-Dom, Hi-life and Black Cobra, among others. It is involved in research related to HIV/AIDS prevention technology like female condoms and works with healthcare professionals, governments and organizations to support them in promoting sexual health and the importance of consistent condom use to prevent HIV and other STDs. The Company exports its products to Korea, Russia, South Africa, Australia, Turkey, Nigeria, Jamaica, United Kingdom, Nepal, Sri Lanka, and Italy.Google.com/finance


It is a Nasik, Maharashtra based company.

Promoter group: 48.46%,
Pledged Shares: 29.59%,
Public: 51.54%.

News:
- One contract for export ended in Oct, 2014.
- Oct 9, 2014 - Cupid Ltd has signed a 10 year Male Condom Supply Agreement with M/s. Safeware & Co. based in Florida, USA.
http://www.equitybulls.com/admin/news2006/news_det.asp?id=148756

Raw Material used is Rubber. and it should stay in range only in near future.

CMP: Rs. 70.80.

Risk: It depends on Govt/NGO/Etc for mass selling of condoms. The company understand the risk. It faced the problem in 2013 and 2014 and trying to capture more export oriented market.
Pledged shares are another risk in price volatility.

Assumption:
Assuming that it can garner export order from govt/org as it did in 2014. Also, assuming condoms demand will rise only. Female condom production in July, 2013 (Approved) can boost sale.

Few percentage of portfolio can be invested here.
Expect minimum 30% to 50% return here in a year.