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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

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.

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24 Responses

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Comment pages: 12Show all

  1. pseudonym Says:
    June 1st, 2009
    Posted at: 12:38 am

    any target with time period for this? n looks like a safe bet rite?
    also 15 is good price to enter


  2. CB Says:
    June 1st, 2009
    Posted at: 1:03 am

    Hi pseudonym, yes.. seems to be a safe bet.. will give good returns in med term


  3. DM Says:
    June 1st, 2009
    Posted at: 4:18 pm

    HI CB,

    CAN WE BUY THIS AT CMP WHAT CAN BE THE SHORT TERM TARGET?


  4. CB Says:
    June 1st, 2009
    Posted at: 4:30 pm

    Hi DM, its a long term call.. can give 40-50 % in 4-5 months


  5. vivek Says:
    June 22nd, 2009
    Posted at: 7:38 am

    if the book value is higher than market value what it means? is the good stock to buy?


  6. CB Says:
    June 22nd, 2009
    Posted at: 8:45 am

    Hi vivek, book vlaue only indicates the valuations of a company..if stock is trading below book value, it means stocks is trading at cheaper valuations


  7. 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


  8. 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,

Comment pages:12Show all

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