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Mukand Engineers Ltd – 200% Profits

Posted on: July 25th, 2009 at 11:28 am

Call given at 20, CMP 58. Book 50% profits at 58 and hold the rest for Long term

Mukand Ltd is part of the Bajaj Groups of companies, one of the most dynamic business groups in India, Bajaj Auto Ltd being the flagship company of the group. The group has substantial manufacturing and marketing interests in diverse fields including scooters, motorcycles and three-wheeler vehicles, electrical appliances etc.

Mukand Engineers Ltd. has substantial expertise, built up over the years, in all areas of engineering construction including feasibility studies, planning, construction, erection and commissioning of projects. The company is equipped with a whole range of mobile facilities including, mobile cranes, gantry cranes, tower crane etc.

It has served industries such as oil exploration and refineries, petro-chemicals, fertilizers, steel plants, thermal and nuclear power plants.

Currently trading around 20 and having a P/E of 6.21

Mukand Engineers

Mukand Engineers

The comany has been posting good results YoY and seems a good bet for long term.

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12 Responses

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  1. Tipguru Says:
    July 25th, 2009
    Posted at: 8:54 pm

    It is listed as MUKUND and not MUKAND.............


  2. CB Says:
    July 25th, 2009
    Posted at: 9:07 pm

    Hi Tipguru, no, its Mukand engineers, NSE: MUKANDENGG | BSE: 532097


  3. CB Says:
    July 26th, 2009
    Posted at: 1:14 pm

    Hi minda, it depends on the management.. not all small cap companies pay dividend..


  4. don Says:
    July 28th, 2009
    Posted at: 9:13 am

    Need inputs on Cals Refineries, currently trading around 71 paisa, please advise


  5. CB Says:
    July 28th, 2009
    Posted at: 9:21 am

    Hi don, its long term play..will do well


  6. don Says:
    July 28th, 2009
    Posted at: 12:19 pm

    request you to share some fundamental inputs on Cals. Do you think this company will ever complete the refinery project in Haldia? how are the financials for Cals


  7. CB Says:
    July 28th, 2009
    Posted at: 12:23 pm

    Hi don, as of now its a no profit no loss making company.. one can buy in small quantity..as and when company announces future plans one can add more..


  8. S Kumar Says:
    January 24th, 2010
    Posted at: 2:38 pm

    Binani Cement and Binani Industries

    Any call on both the companies.

    Binani Industries is holding 65% equity (approx) of Binani Cement and value of it is around 900 crores. The market cap of Binani Industries is around 400 crores. Binani is also holding shares of Binani Zinc and two other companies in very large quantities.


  9. CB Says:
    January 24th, 2010
    Posted at: 2:48 pm

    Hi S Kumar, yes..they are good long term plays.one can enter them.. of the 2, binani cement is stronger..


  10. Pavan Kumar Reddy Says:
    March 9th, 2010
    Posted at: 4:58 pm

    hi sir

    please suggest penny stocks


  11. Kartik Says:
    March 9th, 2010
    Posted at: 5:06 pm

    Hi Pavan Kumar Reddy, you can get the latest list here: http://nseguide.com/category/penny-stocks/


  12. Leslie Says:
    March 16th, 2011
    Posted at: 11:49 pm

    Just view online, Read All About It! www.javonline.info


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