Bigbloc Construction

Dear Blog Readers,

Bigbloc Construction at current market price of 78 looks bullish technically and Fundamentally.

Bigbloc Construction
Cmp 78
Market Cap 110.50 Cr
Face Value 10
Dividend Yield 51%

Reason of This stock to select :-
1) company is going to expand its AAC Block business plant by setting up new AAC (Areated Autoclave concrete)  plant at Umargam,  Dist Valsad,  Gujarat

2) Setting up new AAC (Areated Autoclave concrete)  plant at Bangalore.

3) Board meeting on 11 April 2017.

4)  Company is Regular Paying Dividend.

5) Promoter stake increased in last Quarter upto 70.34%.. Promoters also buying from last two days from the  market. . . .

6) Technically Breakout seen.


Company website :- http://www.nxtbloc.in

Stock can reach at 85,90,100 within short period of time.  One can buy this  stock for Long term investment also.  

==========================
Disclaimer:- 
This is a personal blog and presents entirely personal views on stock market. Any statement made in this blog is merely an expression of my personal opinion. These informations are sourced from publicly available data. By using/reading this blog you agree to (i) not to take any investment decision or any other important decisions based on any information, opinion, suggestion, expressions or experience mentioned or presented in this blog (ii) Any investment decisions taken if any would be his/hers sole responsibility. (iii) the author of this blog is not responsible. 




Comments

  1. *Board of BIGBLOC Construction approves Rs 100 crore capex for expansion of AAC Blocks*

    Capital Market |  Apr 11, 2017 02:35 PM IST


    At meeting held on 11 April 2017

    BIGBLOC Construction announced that the Board of Directors of the Company at its meeting held on 11 April 2017 approved the following expansion for AAC Blocks :

    1. Brownfield Expansion of 3,00,000 cubic meters per annum at the Company's plant situated at Umargaon (Gujarat).

    ```This will make the Umargaon Plant the largest capacity plant at a single location in India at 6,00,000 cubic meters per annum```

    2. *Greenfield expansion of 3,00,000 cubic meters per annum at Bangalore.*

    As a result of the above expansions, the Company's total AAC Blocks capacity will become 9,00,000 cubic meters per annum. The total Capital Expenditure envisaged is approx. Rs.100 crore. The Capital Expenditure will be financed through a mix of Debt & Equity.

    ReplyDelete
  2. Hi. What will be the target for this scrip, short term and long term?

    ReplyDelete
  3. According to moneycontrol app, dividend history not impressive. Please update.

    ReplyDelete
  4. I have big Target, Today's closing price is 92...

    I am seeing 135 till the end of December 2017

    ReplyDelete
  5. Hey very nice blog!!
    Hi there,I enjoy reading through your article post, I wanted to write a little comment to support you and wish you a good continuationAll the best for all your blogging efforts.Aditya Constructions Reviews

    ReplyDelete

Post a Comment

Popular posts from this blog

ALUFLUORIDE Ltd. (Once again)

IOL Chemicals And Pharmaceuticals Limited

TECHNICAL ANALYSIS & F&O WORKSHOP