Market Update : 1st Sept 2010

Stocks Of Today


Markets ended  234.05 (on BSE, 18205.87) & 69.45 (on NSE, 5471.85) up.

• JCT Electronics (CMP 2.05,+0.35,+20.59%) - Electronics : Picture Tubes
• Kesar Enterprises (CMP 67.8,+11.30,+20.00%) - Sugar
• Bartronics India Ltd. (CMP 103.65,-3.75,-3.49%) - Computers : Hardware
• Camlin Ltd. (CMP 52.8,+3.6,+7.31%) - Stationery & Chemicals

Camlin has a market cap of 321 Cr. and deals mainly in stationary(216 Cr) & Chemicals(122 Cr).Both these sectors have got green signal from the brokers.It has given a good quarterly result with PAT increasing by 18.9% to 9.1 Cr against last year Q1.Good buy on any dip.Looks positive for medium to long term. Tomorrow, may see some profit booking.

 JCT Electronics is a 162 Cr. company with not so impressive figures.Deals in Picture tubes. Today's rise with an extraordinary volumes of over 90 lakh shares is something to look out for. The share had fallen 12.5% (0.25) yesterday. Today's move might just be a consolidation for that.

Kesar Enterprises is an integrated Sugar based company with a market capitalization of 47 Cr. Its TTM EPS is staggering 26.85 and P/E ratio of around 2.53. The quarterly results were pathetic but the 12 Month PAT was up 137% at 9.1 Cr.It's major income comes from Sugar (145 Cr. )  and Country Liquor & India Made Foreign Liquor (IMFL) (97 Cr).It fell from 71.5 on July 13 to 56 on Aug 30.Tomorrow it may fall again on profit booking.

Bartronics India has fallen from the levels of 151 (22 June 2010)  to 103 (1 Sept 2010) at the back of a very bad quarterly result of Q1.It can be accumulated in the lower levels. It has reached its 52 Week low. Positive

 news can see some movement in the stock.
Some key values (as on 1st sept)
Market Cap (Rs Cr.):352

EPS - TTM (Rs):15.84       P/E Ratio (x):6.54

Face Value (Rs):10.00        Latest Div. (%):10.00

Div. Yield (%):N.A.

Book Value / sh. (Rs) :110.99

P/B Ratio (x):93.0