Originally Posted by anish Hindusthan National Glass CMP Rs.238 Target Price Rs. 335 The company plans to expand capacity by FY12 and should benefit from better efficiency and a hike in its stake in a float glass venture Hindustan National Glass (HNG) is India's largest container glass solutions provider with a 65% market share. The company has a market cap of Rs 20 billion and the average traded volume over the past two weeks was at 4,000 shares. HNG has plants at Rishra ...
Originally Posted by anish Company is expected to achieve 22% growth in USD revenue coupled with moderate improvement in operating profit due to lower level hiring and improved collections that may offset wage hike effects. Employees’ attrition and US protectionist policies may act as impediments but this could be overcome by structured hiring and strong end demand. Growth continues to be driven by a preference for cost effective solutions to US based clients. However, ...
Originally Posted by anish Cairn India – downside seems limited It seems beneficial to hold on Cairn India Ltd at the current price as there would be some upside from the current level. The downside seems limited as there has been an impending open offer to the public at a price of Rs.355 per share. In addition to this, positive surprises could be expected to minority shareholders while considering higher expectations regarding Cairn India’s valuations. ...
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