* MOL possess a cost advantage over their competitors due to the vertical integration of their production processes, multifunctional design of their production facilities and their proximity to sources of raw materials supply.
* MOL’s focus on research and development has led to an increase in the number of products developed which has translated into numerous applications for registrations for their products. It currently holds 90 registrations worldwide and has 415 registrations pending in 56 countries
* It has a diversified customer base from a wide range of industries and also produces an extensive range of products suitable for a multitude of applications. It has continuously received repeat orders from most of their customers. Few of their longstanding customers are CIBA, Sun Chemicals, Micro Flo, Valent, FMC Agricultural products etc.
* MOL’s competitive strengths enable them to focus on markets and products with growth potential while maintaining and improving their position in the markets in which they are already established
* Manufacturing facilities at Vatva, Panoli & Chharodi are ISO 9001-2000 certified.
Valuations __________
The stock looks decently valued considering the future prospects and earnings growth of the company. The stock is available at a PEx of 12.18 at upper price band & PEx 10.89 at the lower price band, which looks attractive at medium term perspective. Future performance of the MOL has been empirically evaluated, due to lack of availability of data on future projections.
Tanushree what you feel about Time technoplast issue ? I really apprciate your study regarding MIC electonics Plese put your view about time technoplast
Saurabh, Shivalik global is definite buy at this point of time.shivalik has bought land in faridabad at very less rate from haryana govt and now its operation is going to be started.will give it on rent to IT Companies.company has scope to double or triple from its current price now. also it has put money in FD 1 yr back and now it will get lot of intereset from that Fd.
Other good stocks to buy 1) Cinemax: 9th june will decalre result and dividend. will provide excellent results and this stock has target of 200+ . 2) power finance: target 220 in 3 months. have approved some bonds worth 150 crore 3) first source: icici company.will also be in new soon accounting to icici fpo 4) fortis healthcare: best buy now .have joined hands with dlf for SEZ . 5) jhs svengaard: Project to commence soon. excellent managed company 6) cairn india: although has some negative news last week.but this time it will rose again as IFC will incraese more stake in it.If u look previously all big companies always give profits after some time even after going down on listing.I remember hindustan times went so down fter listing,same with allcargo,prime focus.its chance for cairn to go up now.
Among recent listing mic will continue to do well. if ready to hold mic this stock will go to 500 in coming weeks time. Coming ipo Nitin Fire even though i did not got allotmet i will buy from open market at 320-340 as i know looking at everest kanto this stock has upside to 650-700 levels.
Meghamni organics is a very good ipo.people should invest in it.They have left lot of appreciation for investors on listing. same is with Nelcast and Dlf Ipo.All 3 are good ipos to apply.Capital market has given less rating for DLF I dont know why? Dlf is an excellent story and everyone knows about it.Capital market has proved wrong in tantia construction too.remember tantia went 5 times on listing day even though it was given 40 whereas bluebird was given 48 and very good rating even though its almost down 35% and never went above its issue price.
Shivalik global has changed its project site and yet not started commissioning of new plant because the land it holds is worth of hundreds of crores. this has made management to encash and planned it park on it, the issue price is 60 and stock is at bottom 32. i feel smart investor will make huge money in this stock in coming three months.