Future Capital Holdings Ltd: Hold
Robust Business Model.
Satisfactory prospects albeit higher risk
Fair long term potential if the company is able to successfully integrate Retail foray with its Financial venture.
Mundra Port: Hold
Long Term potential
Sound Business Model
Only listed private sector player in this space at present.
Brigade Enterprises Ltd: Sell
Real estate sector is out of flavor in the market
Regional player and unexceptional Business Model.
Low actual ownership of stated land bank.
Very high P/E multiple of 80 plus even after fall in price.
Kolte Patil Developers Ltd: Sell
Corporate Governance issues at IPO time.
Regional player in out of favour Real Estate space.
Low actual ownership of stated land bank.
Aries Agro Ltd: Hold
Fairly unique Business Model revolving around micronutrients.
Advantage of being in space where larger players are not present at the moment.
Precision Pipes & Profiles Company Ltd: Sell
Present in overcrowded space.
High dependence on collaborators for technology and limited suppliers.
Modest margins.
Burnpur Cement: Sell
Poor Business Model
Unbelievable capacity ramp-up proposed.
No captive power plant.
Extremely low capacity utilization hitherto against the backdrop of booming cement industry
