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Topic: jmc project

Author	Message
kukku Newbie Joined: 21/Mar/2007 Online Status: Offline Posts: 2	Topic: jmc project Posted: 21/Mar/2007 at 7:12pm
	. JMC Projects (India) Ltd., an ISO 9001:2000 certified company and a part of Kalpataru group is engaged in the construction business has a well diversified clientele across four major segments of the business- Industrial & Power, Buildings, Housing and Infrastructure stock has reacted from rs 308 level to 180 where it looks very attractive buy with target price of around 350 in next one years time . investors can add on reactions with long term view only. kukku Edited by basant - 21/Mar/2007 at 8:17pm
	https://profiles.google.com/104644401490966267780/about
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us121 Senior Member Joined: 03/Dec/2006 Online Status: Offline Posts: 442	Posted: 21/Mar/2007 at 12:20pm
	Kalpataru entered this stock and had taken a big stake about a year back. they turn around the company, which was in very bad financial shape. kalpataru is not interested in merging this company, as they can keep participating in tenders through both the entities. kalpataru is in transmission tower business and has huge order book and their growth in last few years is tremendous. i believe, kalpataru carries more value than jmc. kalpataru was recently seen in one of the business/ investment magazine where it was one of the few stocks they had mentioned for investing and forgetting for next 10 years.
	ABILITY will get u at d top. CHARACTER will retain u at d top
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basant Admin Group Joined: 01/Jan/2006 Location: India Online Status: Offline Posts: 18403	Posted: 21/Mar/2007 at 12:42pm
	JMC is not a typical construction company. I think they build factories and industrial units and a personal friend of mine who is astute at picking up multibaggers has a significant stake in this company and he has been buying at these rates.
	'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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us121 Senior Member Joined: 03/Dec/2006 Online Status: Offline Posts: 442	Posted: 25/Mar/2007 at 9:15pm
	Yes, recently they built IIM-A campus extension. Also in old times i know they built Tata Telecom (now Avaya Global) factory.
	ABILITY will get u at d top. CHARACTER will retain u at d top
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