Stock Recommendations For Your Portfolio

Centum Electronics | BSE CODE: 517544 | VOLUME: 2,983 | CMP: Rs.706

Centum Electronics has rapidly grown into a diversified electronics company operating across different industry with strong presence in the Defence & Aerospace, Space, Industrial, Medical and Telecom industry segments. The Indian defence budget has been increasing year on year both in terms of the value and also as a percentage of the budget allocation itself. One and half month ago Centum Electronics has received orders worth Rs 100 crore from an Indian Defense Enterprise for the development and delivery of mission critical subsystems. The deliveries are required to be completed over a period of two years. In 9MFY15, the company reported a growth of 16.2 per cent in net sales to Rs 363.7 crore as against Rs 313 crore in 9MFY14. At bottom-line it grew at 8.2 per cent to Rs 29.64. Currently the stock is trading at TTM PE of 23x with a EPS of Rs 30.6. In Q4FY15, institution holding increase to 8.08 per cent from 5.82 per cent in Q3FY15.

Sintex Industries | BSE CODE: 502742 | VOLUME: 8,63,976 | CMP: Rs.110

Sintex Industries recorded strong growth and a strong improvement in business sentiment in Q4FY15 & FY15 financial result. In Q4FY15, the company reported an increase of 22.7 per cent in its consolidated net profit to Rs 197.78 crore as against of Rs 161.17 crore in the March quarter of last fiscal. During the same period net sales reported at Rs 2,168.2 crore, an increase of 9.34 per cent compared with Rs 1,982.94 crore last fiscal. For the entire fiscal, the company's consolidated net profit increased 45 per cent to Rs 528.80 crore as against Rs 364.69 crore in FY14. Its net sales also increased 19.9 per cent to Rs 7,006.6 crore in FY15 from Rs 5,842.62 crore last year. A macroeconomic turnaround, improving trajectory of businesses linked to government spending, better utilization at its greenfield spinning project and a further easing of working capital would drive a more than 25 per cent growth at bottom-line over the next two years.