Net revenue would develop 25% YoY (~19% QoQ) to Rs29.5b. Motilal Oswal desires EBITDA edge to develop by 662bp QoQ (-92bp YoY) to 22.5%, pushed by greater understandings, despite ongoing price force in way of power and shipping.More Information about Stock Intraday tips visit the site intraday-stock-trading.blogspot.com
Motilal Oswal reports6% YoY (~3% QoQ) development in Q1CY12 dispatches to 5.85m plenty. Regular understandings should increase by 6.5% QoQ (~15.5% YoY) to Rs4,032/ton.
ACC has announced a brownfield progression of ~5mt at its Chhattisgarh plant, such as substitute of the present plant with a new one. The plant should be efficient by Q1CY12 and would involve an economical investment of ~Rs22b.
Stock Rcommendation
Valuations at 17.1x CY15E EPS and at an EV of 9.4x CY12E EBITDA are a affordable concept of its organization fundamental concepts. Maintain Neutral with a concentrate on price of Rs1,389 (10x CY12E EV/EBITDA).
Motilal Oswal reports6% YoY (~3% QoQ) development in Q1CY12 dispatches to 5.85m plenty. Regular understandings should increase by 6.5% QoQ (~15.5% YoY) to Rs4,032/ton.
ACC has announced a brownfield progression of ~5mt at its Chhattisgarh plant, such as substitute of the present plant with a new one. The plant should be efficient by Q1CY12 and would involve an economical investment of ~Rs22b.
Stock Rcommendation
Valuations at 17.1x CY15E EPS and at an EV of 9.4x CY12E EBITDA are a affordable concept of its organization fundamental concepts. Maintain Neutral with a concentrate on price of Rs1,389 (10x CY12E EV/EBITDA).