Thursday, May 8, 2008

gem worth investing - VOLTAS


VOLTAS

Voltas, the engineering and air-conditioning major, is expected to gain immensely from the rising capital expenditure across sectors like retail, IT and entertainment, and higher infrastructure spending in India and other emerging markets such as West Asia.

Being the second largest player in the Indian organised heating, ventilation, and air conditioning (HVAC) market after Blue Star, the company is expected to reap benefits of immense opportunities in the air conditioning market, especially the non-residential segment, which is expected to almost triple to Rs 37,600 crore (Rs 376 billion) in the next five years.

Apart from HVAC, Voltas will also gain from the growth in the construction activities, which in turn throw up opportunities in the fledgling MEP (mechanical, electrical and plumbing) industry.

The company has established itself in its MEP business, which is growing at 40 per cent year-on-year, which had an order book of Rs 3,500 crore (Rs 35 billion) (international orders worth Rs 2,700 crore (Rs 27 billion) and Rs 800 crore (Rs 8 billion) worth of domestic orders) as on December 2007.

To its credit, the company has executed orders at nine out of the ten domestic airports, and is currently working on the upcoming international airport at Hyderabad.

The total investment of Rs 40,800 crore (Rs 408 billion) planned towards airports over the next five years reflects a huge market and hence, growth potential for players including Voltas and Blue Star.

Also, Voltas, which commands a 17 per cent share in the air-conditioner market, should benefit from increased consumer spending. All this put together indicate strong growth prospects for Voltas.

§       Want to earn like Warren Buffett? 24 tips
§       Stocks to pick: ONGC, Sterlite Industies, TCS
§       How to build an ideal portfolio?
§       Mkts to see deep, long correction: Rakesh Jhunjhun...
§       Investment Idea - ZEE Entertainment Enterprises Li...
§       Why tips will never make you rich?
§       Tata Power: Full of energy
§       Long-term investors can start portfolio building
§       Buy Unitech, target Rs 432: Prime Broking
§       Tyre & Industries Ltd Target Rs.145/-
§       Bear Market? Is this a good time to invest?
§       Investment Idea - Prime Focus Ltd. plans beachhead...
§       Top midcaps: Adlabs, Parsvnath, Kotak Bank, Geojit...
§       Multi Bagger: Rain Commodities
§       Don't drive away blue-chip stocks
§       Buy Tata Steel, target Rs 1085: Emkay Research
§       The man who can’t stop praising Rakesh Jhunjhunwal...
§       What should retail investors do..
§       Nagarjuna to unlock value - Long term
§       Binani Inds - hugely undervalued
§       5 value stocks to buy NOW
§       Alps Industries : Multibagger
§       Value picks from current market
§       Stocks for long-term investments in 2008
§       Damani's advice to investors
§       Stocks to pick - Tata steel, TCS, Petronet LNG
§       List of the BSE-100 stocks losing most from their ...
§       Lessons from January 2008
§       Zen Technologies:-The scrip to watch out for in th...
§       Find value picks from the day's biggest losers
§       Market update - big fall of 1400 points sector wis...
§       Black Monday again-Biggest ever point fall for mkt...
§       BSE smallcap index: Top gainers and losers
§       Stocks that hit their 52-week lows in todays fall
§       Sensex to see 25K by 2008-end
§       Major IT stocks touched their 52-week lows
§       HOT STOCK : GODREJ INDUSTRIES
§       JK LAKSHMI CEMENT LIMITED : Potential MULTIBAGGER
§       Parsvnath Dev eyes 120-140% bottomline growth - Pr...
§       For IT, numbers say it all
§       Will gold price crash in India?
§       Stocks to pick: Reliance capital,Axis Bank, Moser ...
§       Rakesh Jhunjhunwala's latest Portfolio
§       Tata Nano may expand market by 65%
§       Nano will drive Tata Motors to top position
§       RIL ready with $8bn for coal-based fuel project
§       Rosy Future - Stock Focus - Karuturi networks
§       Multi Bagger - XL Telecom & Energy
§       gremach infrastructure : relook
§       Great Investor theory
§       Who all are the biggest winners in the market?- In...
§       Read Before Investing
§       The Great Investor Theory
§       Good Twenty stocks for 2008
§       Should you invest in index funds?
§       Billionaires bet big on India's bio-fuel
§       Investing for early retirement
§       Sensex target for 2008 at 22k-24k
§       Watch out for the Street signs- Is This As Good As...



0 Responses to “gem worth investing - VOLTAS ”

Sponsored by Indian Stocks News