February 23, 2012

Bannari Amman Spinning Mills – Quick Dry – Will it give quick returns?

Quick Dry – A breathable water proof sheet that act as a bed protector and giving babies diaper free nights is an innovative product from Bannari Amman Spinning Mills (NSE: BASML) replacing rubber sheets. I’ve seen this product occupying prominet shelf space in most baby shops in Chennai and there is no competition to Bannari Mills from any other brands in this segment as of now.

However there are no clear cut figures in the annual report to see how much Bannari Amman Spinning Mills will benefit from its unique product Quick Dry. Will it improve their profit margins? Will they use this technology advantage to create more niche consumer products?  Lets wait and see how this stock moves from the current levels of Rs 70 in the coming years?

Rane Madras – Attractive dividend yield – Will the stock deliver?

Rane (Madras) Limited is an auto component manufacturer that holds major market share in India both in manual steering gear systems & suspension systems. At the current market price of Rs 120, its shares are available at an attractive dividend yield of 5.8%. Dividend declared per share for the financial year 2010-2011 is Rs 7. If you consider the past 5 year record, the company has been consistently paying dividends to shareholders, with the exception of 2008-09.

Year 2010-11 2009-10 2008-09 2007-08 2006-07
Dividend % 70 45 - 60 40

Will the stock deliver good growth in the coming quarters and reward the shareholders even more?

NSE Index – Nifty 50 Stocks

 

Company Name Industry Symbol
ACC CEMENT ACC
Ambuja Cements CEMENT AMBUJACEM
Axis Bank BANKS AXISBANK
Bajaj Auto AUTOMOBILES BAJAJ-AUTO
Bharat Heavy Electricals ELECTRICAL EQUIPMENT BHEL
Bharat Petroleum Corporation REFINERIES BPCL
Bharti Airtel TELECOM BHARTIARTL
Cairn India OIL EXPLORATION/PRODUCTION CAIRN
Cipla PHARMACEUTICALS CIPLA
DLF CONSTRUCTION DLF
Dr. Reddy’s Laboratories PHARMACEUTICALS DRREDDY
GAIL GAS GAIL
Grasim Industries TEXTILES GRASIM
HCL Technologies COMPUTERS – SOFTWARE HCLTECH
HDFC Bank BANKS HDFCBANK
Hero MotoCorp AUTOMOBILES HEROMOTOCO
Hindalco Industries ALUMINIUM HINDALCO
Hindustan Unilever FMCG HINDUNILVR
HDFC FINANCE – HOUSING HDFC
I T C Ltd. FMCG ITC
ICICI Bank BANKS ICICIBANK
Infosys COMPUTERS – SOFTWARE INFY
IDFC FINANCIAL INSTITUTION IDFC
Jaiprakash Associates CONSTRUCTION JPASSOCIAT
Jindal Steel & Power STEEL JINDALSTEL
Kotak Mahindra Bank BANKS KOTAKBANK
Larsen & Toubro ENGINEERING LT
Mahindra & Mahindra AUTOMOBILES M&M
Maruti Suzuki India AUTOMOBILES MARUTI
NTPC POWER NTPC
ONGC OIL EXPLORATION /PRODUCTION ONGC
Power Grid POWER POWERGRID
Punjab National Bank BANKS PNB
Ranbaxy Laboratories PHARMACEUTICALS RANBAXY
Reliance Capital FINANCE RELCAPITAL
Reliance Communications TELECOM RCOM
Reliance Industries REFINERIES RELIANCE
Reliance Infrastructure. POWER RELINFRA
Reliance Power POWER RPOWER
Sesa Goa MINING SESAGOA
Siemens ELECTRICAL EQUIPMENT SIEMENS
State Bank of India BANKS SBIN
Steel Authority of India STEEL  SAIL
Sterlite Industries METALS STER
Sun Pharma PHARMACEUTICALS SUNPHARMA
Tata Consultancy Services COMPUTERS – SOFTWARE TCS
Tata Motors. AUTOMOBILES TATAMOTORS
Tata Power POWER TATAPOWER
Tata Steel STEEL TATASTEEL
Wipro Ltd. COMPUTERS – SOFTWARE WIPRO

BSE Index – Sensex Stocks

Company Name Industry Scrip Code
Bajaj Auto  AUTOMOBILES  532977
Bharti Airtel TELECOM 532454
BHEL  ELECTRICAL EQUIPMENT 500103
Cipla  PHARMACEUTICALS 500087
Coal India  MINING / MINERALS 533278
DLF  CONSTRUCTION 532868
HDFC FINANCE – HOUSING 500010
HDFC Bank  BANKS 500180
Hero MotoCorp AUTOMOBILES 500182
Hindalco Industries ALUMINIUM 500440
Hindustan Unilever  FMCG 500696
ICICI Bank  BANKS 532174
Infosys COMPUTERS – SOFTWARE 500209
ITC FMCG 500875
Jaiprakash Associates CONSTRUCTION 532532
Jindal Steel  STEEL 532286
Larsen & Toubro ENGINEERING 500510
Mahindra & Mahindra AUTOMOBILES 500520
Maruti Suzuki  AUTOMOBILES 532500
NTPC  POWER 532555
ONGC   OIL EXPLORATION 500312
Reliance Industries REFINERIES 500325
SBI  BANKS  500112
Sterlite Industries METALS 500900
Sun Pharma PHARMACEUTICALS 524715
Tata Motors  AUTOMOBILES  500570
Tata Power  POWER 500400
Tata Steel  STEEL  500470
TCS  COMPUTERS – SOFTWARE 532540
Wipro  COMPUTERS – SOFTWARE 507685