Quarterly results analysis - Punj Lloyd - Everest Kanto - Gail - Selan Oil - Birla Power - Tanla Solutions

1. Punj Lloyd: Bumper results. Company announced 52% rise in sales while net profit increased by 180%. Punj Lloyd is a must have stock in every "Growth investor portfolio".

CMP: 164.7; P/E: 17.5; Book value: 80.

2. Everest Kanto Cylinder: Superb results. Company announced 35% increase in sales while net profits rose by 56%. This is a must have stock in any "Emerging portfolio". High valuations are a big concern. Buy on dips.

CMP: 178; P/E: 34;

3. GAIL: Superb results. Company reported 36% rise in sales while net profit increased by 78%. GAIL is a safe bear market stock and must have stock in every "value portfolio".

4. Selan Exploration Technology: Outstanding results. Company announced 326% rise in sales and 578% increase in net profit. Only problem with scrip is "It is a Z category stock". Risk is high- returns are high. Take your call. This stock will become a Multibagger if it comes out of Z category.

CMP: 164.5; P/E: 6.5

5. Birla Power: Positive surprise. Company announced 24% increase in sales while net profit rose by 58%.

6. Tanla Solutions: Wonderful results. This mobile VAS Company announced 60% rise in sales and 42% increase in net profit. Tanla is a must have stock in any "Emerging portfolio". Strong balance sheet with zero debt but this scrip is not for short term investors.

CMP: 91.5; P/E: 8.5; Book value: 58.

7. Reliance Industries: Decent results. Petrochemical giant reported 40% rise in sales while net profit increased by 7%. Unless it resolves court case with RNRL, this stock may find it difficult to make new highs. Like Larsen and Toubro, subsidiaries are Reliance strength. When will they unlock value?

CMP: 1217; P/E: 9.5; Book value: 510.

8. Jindal South West Holdings: This NBFC announced good results. 82% increase in sales and 90% rise in net profit.

CMP: 286; P/E: 10.5; Book value: 523.

Decent results: BOC India, Voltas, Unichem Laboratories, Sesa Goa, Gateway Distriparks, Exide Industries, Malar Hospitals, Zee News, Garware Offshore, Monnet Ispat, Praj Industries, ICI (India), Cummins India, Infotech Enterprises, Ajantha Pharma, Dena Bank, City Union Bank, Wyeth, Indowind Energy, Kalindee Rail Nirman, 3i Infotech, Patni Computer Systems, Hercules Hoists, Rajshree Sugars and TCI.

Poor Results: Dabur Pharma, Rajesh Exports, Jaiprakash Hydro-Power, Sadhbav Engineering , Bharat Bijlee, Kirloskar Brothers, ACC, Grasim, Jyothy Laboratories, Vijaya Bank, Edelweiss Capital, Dr Reddys, Essel Propack, KEC International, Morepan Labs, Apollo Tyres, Gujarat Alkalies, Hindustan Oil Exploration, Sterlite Industries, Hotel Leela, CEAT, Hinduja Ventures, Alfa-Laval (India), Lanco Industries and Madras Cements.

Note: Concentrate only good companies which are announcing outstanding results. But forget about the results of real estate and IT companies.
Source: Stock Market Guide