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Friday 14 August 2015

DoW.Exclusive:  RAIN INDUSTRIES LTD Rs 46/

Rain Industries Ltd, apart form 3 mn ton cement plant in India , is largest producer of CPC in the world and leader in CTP with plants spreads across S America, Europe and USA. Rain should announce best ever quarterly results today. We estimate Q2 PAT (co follows Dec as year ending for its financial) to rise WHOPPING 65% QoQ basis. Eps for Q2 alone should be Rs 4 (Rs 2 FV). Eps for CY15 should be Rs 14-15.

Co should also declare handsome Interiam dividend.  Within 2-3 weeks of Q2 results, scrip can rise 20-30%. However, we advise investors to
hold Rain for 6-18 months. Our price target Rs 150-170 in 15 months. 

There will be some big corporate action in coming months which should lead to rerating of the stock.
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4 comments:

  1. Rp.14 August 2015 at 13:32

    thank you sir. great job. God bless you.

    ReplyDelete
  2. Unknown14 August 2015 at 14:20

    Sir, after sucessful gain in 1st breaking news, i'm eagerly waiting for 2nd break.
    regards

    ReplyDelete
  3. Rajsekhar Reddy14 August 2015 at 14:51

    Dear Sir, i have a query..
    1) i dont get what does it meant by DoW.....
    2) by what time can we expect the results today....after the market hours?

    Thanks :)

    ReplyDelete

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