Kamdhenu-13june2005

WE HAD GIVEN TIMELY SMS TO OUR CLIENTS TO BUY THIS EXCELLENT AUTO ANCILLARY STOCK @ 140.

STEEL STRIP WHEELS LTD -

BSE CODE - 513262 @ 143.40

THE COMPANY HAS COME OUT WITH STUNNING PERFORMANCE THIS YEAR. THIS YEAR IT HAS SHOWN A NET PROFIT OF MORE THAN RS. 12.26 CRORE ON A SALE OF RS. 145 CRORE AS AGAINST A NET PROFIT OF Rs. 6.20 CRORE ON A SALE OF RS. 83 CRORE !! IT HAS VENDOR STATUS WITH MARUTI, TATA MOTORS, M & M, HONDA SIEL, GENERAL MOTORS AND OTHERS. LOOKING FORWARD THE BIG POTENTIAL FOR IT`S WHEEL RIMS IN THE EUROPIAN AND OTHER MARKETS ABROAD IT HAS FLOATED A WHOLLY OWNED SUBSIDIARY IN SLOVAKIA REPUBLIC BY SETING UP A GREENFIELD PROJECT.

WE EXPECT A PRICE TARGET OF Rs. 200 IN MEDIUM TERM. BUY KEEPING A STOP LOSS OF Rs. 138.

INCAP LTD -

BSE CODE 517370 @ 30.90

THE COMPANY IS COUNTRY`S ONE OF THE LARGEST ALUMINUM ELECTROLYTIC CAPACITORS MANUFACTURER. IT HAS AN EQUITY AND TECHNICAL COLLABORATION WITH LEC, TAIWAN TOGETHER WITH A BUYBACK AGREEMENT FOR 25% OF IT`S PRODUCTION. IT`S A DEBT FREE COMPANY. IT HAS SHOWN A JUMP OF MORE THAN 80% IN IT`S NET PROFIT.

WE RECOMMEND TO BUY THIS STOCK FOR A MEDIUM TERM TARGET OF RS. 50 TO 60.

WE RECOMMEND FUNDAMENTAL STOCKS ONLY.

SEASONS FURNISHING LTD -

BSE CODE 521182 @ 13.84

ONE OF THE FEW RETAIL COMPANIES LIKE PANTALOON, SHOPPERS STOP AND TRENT, AVAILABLE AT A VERY CHEAP PRICE. THE COMPANY PLANS TO OPEN 50 MORE SHOWROOMS ALL OVER INDIA. SEASONS FURNISHING IS A MAJOR EXPORTER OF JACQUARD FURNISHING FABRICS TO OVER 20 COUNTRIES ALL OVER THE WORLD INCLUDING USA, ENGLAND AND AUSTRALIA. THE COMPANY HAS A VERY STRONG AND WELL KNOWN BRAND IN DOMESTIC AND EXPORT HOME FURNISHING MARKETS.

LOOKING INTO IT`S EXCELLENT FUNDAMENTALS, WE TARGET A PRICE OF Rs. 20 TO 25 IN MEDIUM TERM. KEEP A STOP LOSS OF RS. 13.

BUY THIS SPECIALITY CHEMICAL STOCK, AVAILABLE AT VERY CHEAP PRICE -

ARMOUR POLYMERS LTD -

BSE CODE 524218 @ 20.50

IT`S AN EXCELLENT FERA COMPANY STOCK, PRESENTLY KNOWN AS RESONANCE SPECIALITIES LTD. THE COMPANY IS EXPECTED TO ANNOUNCE VERY GOOD BOTTOMLINE. BESIDES SPECIALITY CHEMICAL BUSINESS, THE COMPANY IS ALSO IN THE FIELD OF PHARMA, BIO TECHNOLOGY AND FINANCE. IT`S HIDDEN ASSETS ARE UNDER IT`S GROUP COMPANIES LIKE VISTA ORGANIC PVT. LTD, ARMOUR BIOTECH [P] LTD, ARMOUR INTERNATIONAL LTD AND VISTA FINANCE AND LEASING LTD.

LOOKING INTO IT`S FUNDAMENTALS, WE EXPECT THE STOCK TO RISE UP TO 25 IN VERY SHORT TERM.