Buy Cholamandalam DBS Finance Ltd

Quotes with Resistance & Support

Market Information

Buy Cholamandalam DBS Finance Ltd

This Short Term Call was posted on Aug 10, 2008

Buy Cholamandalam DBS Finance Ltd , Current market price: 109, target 128. 52 week high/ low: 98/ 390, P/E Ratio: 10.53, EPS (Rs.): 10.38, DIV Yield: 40.00% as on 8th August 2008.

Industry: Finance & Investments

Year	Mar 08	Mar 07	Mar 06	Mar 05
Profit Before Tax	90.94	47.27	46.05	51.57
Tax	31.57	16.25	10.84	17.49
Profit After Tax	59.37	31.02	35.21	34.08

Company’s website: http://www.cholamandalam.com/

1 year chart of Cholamandalam DBS Finance Ltd, compared with Nifty:

Recent news updates:
August 06, 2008 –
Cholamandalam Dbs Finance Limited has submitted to the Exchange a copy of the newspaper publication for despatch of warrants conversions applications to the shareholders published on August 02, 2008.

August 01, 2008-
The Board inter alia, has approved the following:

1. Revised business plan of the Company for the Financial year 2008-2009.

2. Issue of secured medium term non-convertible debentures up to an amountof Rs. 4600 crs on Private Placement basis to various investors like MutualFunds/ Institutions/ banks/ Bodies corporate of other agencies.

3. Issue of unsecured non-convertible debentures in the nature ofsubordinated debtup to an amount of Rs 400 crs on private placement basis to one or moreinvestors and

4. Subject to the approval of the shareholders at the ensuing AnnualGeneral meeting,issue of redeemable cumulative preference shares of Rs 100/- eachaggregating to Rs100/- crs on private placement basis to persons including promoters/institutions/banks/ bodies corporate/ mutual funds/ individuals and other agencies.

Glimpse of Quartely results:

Year	Jun 08	Mar 08	Dec 07	Sep 07
Type	1 Qtr	4 Qtr	3 Qtr	2 Qtr
Sales Turnover	319.38	266.53	242.55	214.09
Other Income	0.00	0.45	0.00	0.00
Total Income	319.38	266.98	242.55	214.09
Total Expediture	170.10	124.26	114.23	91.76
Operating Profit	149.28	142.72	128.32	122.33
Interest	139.69	119.67	92.62	88.66
Gross Profit	9.59	23.05	35.70	33.67
Depreciation	4.33	6.47	2.00	6.21
Tax	2.11	3.84	13.45	9.44
Reported PAT	3.15	12.74	20.25	18.02

NOTE: Please read our disclaimer before making any investments in the above mentioned stock(s).

Email this Post to your friends

4 Responses

{ ADD YOUR OWN }

yellappa Says:
September 8th, 2008 Posted at: 9:47 am

Intra and short term scrips tips only
guna Says:
November 9th, 2008 Posted at: 8:01 pm

Dear CB,What is the time limit for your short term calls?
CB Says:
November 10th, 2008 Posted at: 12:59 am

Hi Guna, it is advisable to book profits when one is getting 15-20%. This stock call was given when markets were at 21k.. this is the reason this stock too is battered down..
Nicola Says:
June 11th, 2010 Posted at: 10:02 pm

Hi, i search a society of operative signal for swing trding in bse – nse can you help me?
Thank you
Nicola