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Vikash Metal & Power Ltd

Posted on: May 31st, 2009 at 7:58 pm

Vikash Metals & Power Limited (A VKP Group Company), is an insurgence of Impex Group. Incorporated in the year 1996, Vikash Metals started its commercial operations and has leaped into a turnover over 300 crores.“Vikash” brand TMT bars are supplied to leading construction companies and turnkey projects.

The growing demand in the alloy & metal and infrastructure sector resulting in the Industrial growth was the vision of Group Chairman, Shri Vimal Kumar Patni, coupled with the Government’s “Look East Policy” thus providing many more opportunities in West Bengal in particular. Vikash Metal & Power Ltd., the Fully Computerized and Automated Integrated Steel Plant is a part of the esteemed Impex Group. Vikash Metal & Power Ltd. having incorporated in the year 1996 has come in a long way, and today it is one of the leading Sponge Iron, MS Billets and TMT Bars manufacturer serving lot many steel and infrastructure industries.

Currently trading around 15rs and having a P/E of 6.18

Vikash Metal & Power Ltd

Apart from receiving the prestigious ISO 9001-2000 SGS certification, the company has also received accreditation by UKAS Quality Management System, Geneva, Switzerland.

22 Responses

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madhu Says:
June 25th, 2009 Posted at: 10:34 pm

Long term target for Vikash Metal & Power Ltd ?.. & time.. i mean duration 4 ur target.
thanx
ibrahim Says:
June 25th, 2009 Posted at: 11:14 pm

hi dronacharye yesterday i placed order for gmr Qty 500 @ 139 and chambelfert Qty 200 @ 64.50,now iam back from my duty, i check my order book gmr down @134 and chambelfert down @63.30, yesterday i thought market looks good so i bought as u said, but both stocks came done,tomorrow iam free and if gmr below 131 and chamble 60 should i book loss or wait for 2,3 days,
CB Says:
June 25th, 2009 Posted at: 11:57 pm

Hi madhu, it can double in 5-6 months

Hi ibrahim, hold them till budget..they will see a rally.. dont exit it as of now
ibrahim Says:
June 26th, 2009 Posted at: 12:39 am

ok dronacharya i can wait after budget also if it is posetive move
CB Says:
June 26th, 2009 Posted at: 12:49 am

Hi ibrahimnafeesaadil, ok .. yes..some upmove is likely
ibrahimnafeesaadil Says:
June 26th, 2009 Posted at: 12:58 am

thanks one more thing dronacharye ambiko stock is having result on 27 june Audited Results & Dividend if tomorrow i buy this stock can i get dividend on my stock and how many days i have to keep after 27june and how many % dividend i can get please if ur online reply me now
ibrahimnafeesaadil Says:
June 26th, 2009 Posted at: 1:34 am

sorry ambika cotton is having result on 29june audited Results & Dividend if tomorrow i buy this stock can i get dividend on my stock and how many days i have to keep after 27june and how many % dividend i can get please if ur online reply me now
brijesh Says:
June 26th, 2009 Posted at: 7:50 am

hi cb.. i hv indusind @87.65

should i hold it ???????????????
obed Says:
June 26th, 2009 Posted at: 8:39 am

hi cb, what is the shortterm target for alok & apollo tyres
CB Says:
June 26th, 2009 Posted at: 8:48 am

Hi ibrahimnafeesaadil, yes.. buy it.. you will be eligible for dividend if you hold if before the 29th.. you may sell it couple of days later

Hi brijesh, yes.. hold it

Hi obed, 28 and 36
obed Says:
June 26th, 2009 Posted at: 8:54 am

Thanks a lot
vivek Says:
June 28th, 2009 Posted at: 9:41 pm

how is praj ind for one week ( 5 trading days)?////
CB Says:
June 28th, 2009 Posted at: 10:13 pm

Hi vivek, its more of a short term play.. it can see 115
vivek Says:
June 29th, 2009 Posted at: 8:05 pm

pl give your views on hdfc for short term(not hdfcbank only hdfc)
Nikhil Says:
January 31st, 2010 Posted at: 11:58 am

Hi CB … current PE is too high (as per quarterly results till sept 09), should one still go for it? PE is around 26-27
Manasa Says:
March 4th, 2010 Posted at: 8:22 am

Hi CB,

Bought 600 Basant Agro Tech India Ltd(NDA) (Public, BOM:524687) shares at 5.95 and
Now it came down to 4.69.

Could you pls suggest whether to sel it or hold it..