We had initiated coverage on Pyramid Saimira Theatre Ltd. (PSTL) on December 12, 2007, with a Buy rating. PSTL has signed a path-breaking deal in China.
Pyramid Saimira Theatre Ltd. has formed a joint venture with China Society of Music Research Board (CSMRB), Ministry of Culture, Government of China. The JV, named Jiangsu Pyramid Longzhe […]

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The bonus issue will bring the cost of per Reliance Power ltd share for retail investors to Rs 269 (earlier Rs 430) and for others to Rs 281 (earlier Rs 450).
The expected ex-bonus share price would be around Rs 300, if the market situation remains same as current market.
“I have been personally concerned by the […]

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The company recorded 39.4% revenue growth and 91.1% earnings growth in Q3FY08.
The robust earnings growth is in spite of lower EBITDA margin (down 170 bps y-o-y, from 31.2% to 29.5%). Margin impact is due to high raw material prices and escalating staff costs.
Earnings growth is therefore attributable to the sharp decline in interest […]

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C&C Construction Ltd. provides EPC for infrastructure projects in India and Afghanistan. Its expertise is primarily in transportation engineering projects including roads, bridges, flyovers and airport runways. It has executed infrastructure projects both independently and through joint ventures. Currently roads dominate the revenue mix of the company.
Key Points
- C&C operates in a semi-seasonal […]

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Keynote Capitals maintain “buy” recommendation on Pyramid Saimira Theatre Ltd., the largest theatre chain company in India, with 13-month target price of Rs. 1074.
On the basis of consolidated numbers, the stock trades at 10.5x FY08E, 5.6x FY09E and 4.2x FY10 E.
Current stock price of Pyramid Saimira Theatre is Rs. 400
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Keynote Capitals set “Buy” recommendation on Euro Ceramics Ltd.
Current stock price of Euro Ceramics is Rs. 205
The stock trades at 8.2x FY08E and 5.4x FY09E.
Download full version of Euro Ceramics Ltd. analysis (Keynote Capitals) (pdf)
Read more at http://www.stockmarketsreview.com/pricetargets_india/

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