INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Saturday, April 23, 2011

long term buy - genus power

Scripscan:Genus Power Infrastructure Ltd
Cmp:18
nse code: genuspower

Story:Genus Power Infrastructures Limited engages in the manufacture and distribution of electronic energy meters, power distribution management projects, hybrid microcircuits, inverters, batteries, home UPS, and online UPS in India and internationally. It offers metering solutions, which include residential meters; industrial, substation, agricultural, and audit meters; grid meters for high-voltage networks; portable single phase reference meters; group meters; special meters; and automatic meter reading solutions. The company also provides substation commissioning, transmission and distribution, electrification, and distribution transformer metering services, as well as offers billing solutions and SCADA solutions; and provides inverters, UPS, solar water heaters, and batteries. In addition, it offers hybrid microcircuits for telecommunication, automotive, defense, consumer, industrial, IT products/computers, R-networks, power electronics, and other applications. The company provides its products through a network of dealers and distributors in the United States, Germany, the United Kingdom, Ireland, Canada, Singapore, Bangladesh, the Middle East, Brazil, Nepal, and Africa.Genus Power Infrastructure (GPIL)`s Q3FY2011 results were above expectation on the profitability front. The net revenue increased by 12.4% year on year (YoY)to Rs 1,504 million, which was in line with the estimate of Rs 1,524 million. However, the execution of projects is expected to pick up in Q4FY2011. The management has maintained its outlook of a 20%+ growth in the top line for FY2011.Genus can definitely sustain an 18-22% growth rate in revenues over the next few years with a robust OPM.At present price of 16 its quoting at less than 4 times its forward earnings which is quite attractive considering its robust execution record, the huge opportunity in its chosen transmission and distribution (T&D) niche and its proven execution capabilities.A worth considering bet at dips.

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