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Infra stocks

Discussion in 'Fundamental Analysis' started by caringvij, Aug 24, 2016.

  1. caringvij

    caringvij Active Member

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    Kindly share your opinion on ITD cementation.
     
    caringvij, Aug 24, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    Thanks for asking this as a topic and so not only I can share with you my view about the stock but others can read those views as well as comment on.

    I think it is a very good infra stock to own but then at the CMP, it all fairly priced and does not provide much value like its trading at 4 times book as well as at 35PE.
    A market cap of only 2k Cr which is kind of odd to me.
     
    shabbir, Aug 24, 2016
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  3. caringvij

    caringvij Active Member

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    caringvij, Sep 17, 2016
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  4. nirajshah

    nirajshah Champion

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    nirajshah, Sep 17, 2016
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  5. bhat64

    bhat64 Apprentice

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    I would look at PNC infratech instead
     
    bhat64, Oct 27, 2016
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  6. shabbir

    shabbir Administrator Staff Member

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    Quite a good company and few of those companies that is debt free in infra sector.
     
    shabbir, Oct 28, 2016
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  7. nirajshah

    nirajshah Champion

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    nirajshah, Oct 28, 2016
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  8. bhat64

    bhat64 Apprentice

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    current market price is a good buy. I know zero about technicals charts and stuff. I am a long term investor on fundamentals. So technically I cannot share views may be shabbir can help if it's a good buy technically

    PNC has a strong order book, growing sales visibility, zero debt, strong management, rightly sized in terms of market cap. The stock is consolidating right now; buy right now and sit tight!

    Another good stock in my view is KNR construction, but it has run up a lot in last few months, it's in my radar if I see a 10-15% correction
     
    bhat64, Oct 28, 2016
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  9. shabbir

    shabbir Administrator Staff Member

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    Completely agree with your fundamental view on PNC. Technically it is at good levels and also 110 should be very good level.
     
    shabbir, Oct 28, 2016
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  10. shabbir

    shabbir Administrator Staff Member

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    shabbir, Oct 28, 2016
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  11. nirajshah

    nirajshah Champion

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    Thx

    Sent from my 504Q+ using DIY Technical Analysis mobile app
     
    nirajshah, Oct 28, 2016
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  12. bhat64

    bhat64 Apprentice

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    Shabbir, I am seeking to understand - why did you say Indian promo shareholding? Why did you use the term Indian? Is that because there are foreign promoters holding in KNR? If so how do I identify that?
     
    bhat64, Oct 31, 2016
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  13. shabbir

    shabbir Administrator Staff Member

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    Check the link that I have shared. It should help you identify what I am saying. By Indian I meant at times some companies foreign promoters buy the stake.

    Still the company looks awesome and promoters has more than 50% stake and that is good as well.
     
    shabbir, Oct 31, 2016
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