RINDL IN

Rain Industries Ltd

Industrial/Transportation


Presented:07/08/2014
Price:₹39.90
Cap:$0.22B
Current Price:₹174.50
Cap:$0.95B

Presented

Date07/08/2014
Price₹39.90
Market Cap$0.22B
Ent Value$1.41B
P/E Ratio3.29x
Book Value₹97.87
Div YieldN/A
Shares O/S336.35M
Ave Daily Vol580,000
Short IntN/A

Current

Price₹174.50
Market Cap$0.95B
Rain Industries Limited, together with its subsidiaries, manufactures and sells carbon products in India and internationally. It operates through Carbon Products, Chemicals, and Cement segments. The company offers calcined petroleum coke, green petroleum coke (GPC), and coal tar pitch; and is involved in the co-generation of energy from waste heat recovered in the calcining process, and trading of GPC. It is also engaged in the downstream operations of coal tar distillation products, including resins, modifiers, super plasticizers, and other specialty products. In addition, the company produces and sells cement under the Priya Cement brand in Andhra Pradesh, Karnataka, Tamil Nadu, and Maharashtra, India. Rain Industries Limited is based in Hyderabad, India.

Publicly traded companies mentioned herein: Alcoa Inc (AA), Koppers Holdings (KOP), Rain Industries Ltd (RINDL IN)

Highlights

The presenter is long shares of Rain Industries (RINDL IN), and sees a very favorable risk/ reward for shareholders at present levels. At ~40 INR, the stock is trading at roughly one-third of the breakup value, and he sees the potential for shares to double or possibly even triple from current levels over the next two-to-three years. Originally involved in Rain’s credit, the presenter noted the equity seemed to offer tremendous value and explained his bullish outlook for the Indian carbon chemicals company as follows:

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.