CMP Rs 220.50 Target Price Rs 310.00 Company Snapshot Seamec Limited was incorporated on Dec 29th, 1986, with the name of Peerless Leasing Pvt. Ltd. In the year 1999, Coflexip Stena Offshore Mauritius Ltd. acquired its 58.24% of shares. In the year 2001 Technip Group of France acquired Coflexip Group. Hence SEAMEC ltd. became...
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Archive for November, 2009
Buy Seamec Ltd.
Hold Bharat Electronic Ltd.
Target Price: Rs1,850 CM Price: Rs1,680.05 Robust order book position, order intake improve substantially in H1FY2010 Bharat Electronic Ltd (BEL)’s order book stood higher at Rs12,500 crore at the end of H1FY2010 as compared to Rs10,386 crore as on March 31, 2009. The current level of order book is 2.7x its FY2009 revenue and...
Bharti Airtel Buy Sell Tips Report Discussion
In the arena of telecommunication if there is a well known reliable service provider operating in India and abroad it is none other than Bharti Airtel. While in India Airtel service is known as Bharti Airtel, abroad it is named as Airtel Lanka(Sri Lanka) or SingTel(Singapore). Well spread in all 23 circles of the...