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Writer's pictureSachin Sant

MOIL , APOLLO PIPES, TATA METALICKS - MOMENTUM STOCKS


MOIL - Manganese Ore India Ltd.

  • MOIL Limited is engaged in the production of manganese ore lumps and chips.

  • The company also in the business segment of Mining, Power generation.

  • The Companys Dongri Buzurg Mine located in the Bhandara district of Maharashtra is an opencast mine, which produces manganese dioxide ore used by dry battery industry.

  • During the year ended March 31, 2012 (fiscal 2012), the Company produced 839073 tons of manganese ore lumps and chips.

  • During fiscal 2012, the production of electrolytic manganese dioxide (EMD) and ferro manganese were 714 tons and 8694 tons respectively.

  • As of March 31, 2012, MOIL operated 10 mines, six located in the Nagpur and Bhandara districts of Maharashtra and four in the Balaghat district of Madhya Pradesh.

  • During fiscal 2012, the Company had production of 10.71 lakh tons of various grades of manganese ore.

  • During fiscal 2012, it had recorded generation of 14204 tons of ferro manganese slag.

  • During fiscal 2012, the wind turbine generator (WTG) had generated 330.23 lakh kilo-watt hour units.


  • Company always has slack business period during quarter July to Sept., every year

  • so December result expected to declare robust growth

  • Technically company has given cup and handle pattern




APOLLO PIPES

  • APL APOLLO has a presence in every important sector in the country,

  • Plumbing, Sanitation, Water Supply, Infrastructure, Agriculture Oil & Gas, & Construction.

  • It manufactures Piping System and accessories for people who are looking to create beautiful homes at an affordable cost, making it a highly sought-after brand.

  • With five manufacturing plants at Dadri and Sikandrabad (UP), Ahmedabad (Gujarat), Tumkur (Karnataka) & Raipur (Chhattisgarh) in which have production capacity of *1,25000 MTPA,

  • APL APOLLO has created a Pan-India presence with over 600 channel partners and over 10,000+ customer touch points.

  • September quarter company reported loss of Rs. 4 crore, even though stock didn't make new low, which indicates strong investor support with robust outlook on performance of company

  • Technically company has given triangle breakout, struggling for Fibonacci resistance




Tata Metaliks

  • Tata Metaliks Ltd is engaged in manufacturing of pig iron, casting, iron ore fines, coke breeze and limestone.

  • It is a leading pig iron manufacturer and seller in India.

  • A subsidiary of Tata Steel, Tata Metaliks has its state-of-the-art manufacturing plant at Kharagpur, West Bengal, India which produces the finest quality of pig iron and ductile iron pipes in India.

  • The plant’s annual hot metal production capacity is 500,000 tonnes out of which 200,000 tonnes is converted into Ductile Iron (DI) pipes and 300,000 tonnes into pig iron.

  • Company has shown improvement in performance from last quarter, little more improvement will help stock to reach on new parameter

  • technical chart shows triangle formations which indicates confusion in investors mind which expected to be clear in December quarter result.


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