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Gujarat Industries Power Company Ltd (GJIP)

NSE
Currency in INR
Disclaimer
178.90
+3.15(+1.79%)
Closed

GJIP Comments

ALL TIME HIGH READY
anyone suggest
I bought 1000 share@99 should I hold or sell?
i bought 1000 share @82 shud i hold or exit?
hold for just one month. target is 100
hold
My second question to International community e.g. Foreign Institutional Investors, HNI's Foreign Mutual Funds is CAN ANYONE DIGEST THAT A COMPANY WHOSE SINGLE YEAR NET PROFIT FIGURE TOUCHES Rs 130 crores or so should be traded at a rate of Rs75/- even less than the figure of single year net profit figure? Is it not grossly underpriced, dont you think it deserves the mkt rate of at least equal to the net profit figure of Rs130/- atleast. Moreover what should be the rate if we get even higher net profit than existing 130 crores in this financial year 2015-16. Please think over now. And i have noted from the delivery stats on daily basis pisted on NSE that delivery of shares is going up from 60% to 80%. Check urself. Friends i am only a small investor and no cooked figures check them on NSE and BSE or GIPCL sites. U r in to reap gud profits if u act to atleast check the stats. This co is yet to pick up momentum just to bring it to its intrinsic value. Ok lastly if anyone to setup a new fresh GIPCL as of today u would require around Rs20000/- crores to produce this much capacity. Means Rs 20000/- crores about close to half a billion us dollars and trading rate at around only one us dollar. Can anyone imagine. Just ponder. Thanks
Gujarat industries power ltd. A. Company listed on NSE & BSE in India has an annual turnover of 1200 crores with EPS of Rs3.16 Book value 122, Dividend 25% thus Rs2.5 per share has been trading between Rs 70/- to 94. Trading pattern shows that except a period of only a week it traded around Rs 66/- on the lower side and similarly around Rs 94/- only for one week on the upper side. Which means it traded mostly in the narrow price band of Rs71-72 to Rs85-87 broadly for the past few years. This means despite strong fundas it did not breakout on either side. Though there is an increase of whopping 242% in its net profits in Q1 from 15.5 crores to 55 crores thus EPS is expected to increase to around Rs 13 or so annually thus PE of around 6 only whereas Other same field cos are commanding higher valuations like Tata power Rs 1/- paid Rs65/- so if converted toRs10/- paid, then rate comes to Rs650/- at same EPS of GIPCL and whereas GIPCL trading @ 75/- atleast 8 times lower. The co has signed few new power supply aggmnts for increased continuous power supply at a lesser priced Gas st subsidised rate so profits are bound to increase further. Also the co has recently commissioned some addnl capacity giving huge net profits increase as seen in Q1. So i think this is a neglected co who has turned out tobe a dark horse. Betting on this share to invest can yield at least 50% to 100% in the next one to two quarters only. Indian Govt is giving filip to power industry as a whole and gipcl part of it. This co doesnot have any bad debt or no ill effects which could affect its profits. New capex not in sight as such no gestation. Why not give a try as rate justified worksout tobe @ 140- to - 150/- and Indian economy is gud and still impriving. This being a Metering power or power sale, distribution and power generation co will never post losses since power metering so profits always to be there. Try it. Happy investing
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