Monday, March 23, 2015

STOCKS to BUY in this correction.

I have already suggested one stock that is undervalued and wrote a blog few days back in which I have shown whole analysis of the company. That's Usher Agro.
In that post, you will be able to get every required information why its is a BUY at current levels. You can check here http://shahstocks.blogspot.in/2015/03/stock-analysis-usher-agro-ltd.html

So list is here:

Usher Agro 

P/E : 2.10 vs Industry P/E of 51.06. 
Imagine the upmove it can give, The company has shown extra ordinary growth in last few years and expanded its capacity with huge volumes. Even started new manufacturing plants with different products which are n demand. Owner of a famous brand 'Rasoi Raja'.
Website: http://www.usheragro.com/


Ganesh Housing  

P/E is 8.44 vs Industry P/E is 29.69. 
Promoters on spree to release theie pledged shares. A huge positive. One of the pioneer company in Ahemadabad with nice set of projects in the city. Even clearance for GIFT City approvals last Sunday will be very beneficial to Ganesh Housing
Website: http://www.ganeshhousing.com


Sudar Industries (Risk involved) 

P/E is 0.92 vs industry P/E of 49.03
A rare share which has below P/E below 1. EPS of last year is more than the current share price. Diversified business due to risk involved in textile industry. I wrote Risk Involved due to high pledged shares of the promoter and the shortage of cash in the company's balance sheet.
Website: http://www.sudarindustries.com/


Neo Corp 

P/E at 5.00 vs Industry P/E of 26.76. 
Well managed and a big name in packaging industry. Company has also incorporated many subsidiaries which has shown awesome growth and has turnover of over Rs 1200 crores last fiscal and has market cap is mere 111 crores. 
Website: http://www.neocorp.co.in/


Ruby Mills  

P/E 2.70 vs Industry P/E of 7.69.
Company has good presence over the years. The company owns property of Ruby Tower which is first skyscraper in Dadar, Mumbai which is a prime location for many offices. Ruby Tower has corporate offices that the company has given on rent/lease. The value of that property itself would be more than Rs 1000 crores. Company is projecting similar project with spare land available next to Ruby Towers.
Website: http://www.rubymills.com/

http://theruby.in/home.html


Panacea Biotec 

Great R&D Company with nice assets and brand value. Nice Tie-Ups  in last quarter and the order inflow started from worlds best organizations for the vaccines.
Check why I have recommended strong BUY on it: Panacea Biotec Stock Analysis

Will be adding more stocks as and when I get time. Hope the information was useful. Also do contact me if you want more investment ideas.
Another stocks which are undervalued in another post: http://shahstocks.blogspot.com/2015/03/stocks-to-buy-now.html

Thank you

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