Jitendra Kumar Gupta's blog

http://www.business-standard.com/india/news/sterlite-ind-value-in-this-metal/13/03/345162/

BGR Energy Given the current order book, which stands at over 7.2 times its FY08 revenues, there is good earnings visibility for the next three to four years. With faster execution of these projects, the company’s revenues and earnings are expected to grow at a CAGR of 60 per cent over the next two years.At Rs 160, the stock is trading at 8.5 and 5 times its estimated FY09 and FY10 earnings, respectively. The faster growth, vast opportunity in the power sector and reasonable valuations make BGR a good investment. Investors can expect returns of 45-50 per cent over the next 18 months. The company’s order book, which was about Rs 3,000 crore a couple of months ago, has now gone up significantly to Rs 11,000 crore. This improvement is mainly on account of the order worth Rs 3,100 crore the company received from Tamil Nadu Electricity Board. And, very recently, the company bagged its biggest order ever, for EPC works, worth Rs 4,900 crore from Rajasthan Rajya Vidyut Utpadan Nigam. Importan