Gujrat Industries Power Co Ltd.(Multibagger Stock)
Cmp : 113.15,
Book Value : 145.79
Dividend Yield : 2.39%
Stock PE: 7.47
Debt to equity: 0.24
Promoter holding: 58.21%
Face Value: 10.00
Investments : 232.14 Cr.
Share Capital : 151.25 Cr.
Reserves : 1824.53 Cr.
TTM Sales : 1310.56 Cr.
Market Capitalisation : 1711.39 Cr.
Life Insurance Corporation of India holding 52,58,204 Shares, ICICI Pruedential Balanced Fund holding 66,96,554 Shares, UTI Midcap Fund holding 15,25,455 in Gujarat Industries Power Co. Ltd.
Year on year Reserves increasing,year on year debt decreasing,now cmp : 113.15 trading below book value. Good dividend track record from 15 years.We are expecting good return from cmp 113.15
GIPCL was incorporated in 1985 as Public Limited company under the auspices of Government of Gujarat. The company is engaged in business of Electrical Power Generation.
Gas Based Power Plants : Vadodara Station-I (145 MW.) ,Vadodara Station-2 (165MW)
Thermal Power Plants : Surat Lignite Power Plant Unit 1&2 (2*125=250 MW),Surat Lignite Power Plant Unit 3&4 (2*125=250 MW)
Solar Power Plants : 5 MW.
Vastan Lignite Mine, a project of GIPCL covers a mining lease area of 1536 Ha.
Mangrol-Valia Lignite Mine, Mine, which is an extension of Vastan Lignite field covers a mining lease area of 3019 Ha (2067.48 Ha existing + 959 Ha additional applied area).
WE ARE EXPECTING GOOD RETURNS FROM CMP Rs. 113.15 FOR LONG TERM(3 to 5 years).THIS STOCK CAN TURN INTO MULTIBAGGER IN 3 TO 5 YEARS.INVEST ONLY Rs.2000/ TO 3000/-. DON’T INVEST YOUR 100% CAPITAL IN ONE STOCK.
MULTIBAGGER : AS PER OUR VIEW IN ANY INVESTMENT GIVEN ABOVE 18% RETURN PER YEAR THAT IS MULTIBAGGER RETURN.
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