core project

touched 118.1

jai mata di

core projects

Moving averages (simple):

5 D	8 D	13 D	20 D	39 D	50 D	200 D
68	64	60	58	53	53	94

Other indicators:

-          Volume (last/ 5 day average): 1023000 / 948000
- 5 day RSI: 95 - overbought.
- 14 day RSI: 81 – overbought.

 

Core project started its journey from 53 with 1^st target of rs.74/- . now if its near to its target and is overbought . if it correct. up to rs.65/- to rs. 68/- can again initiate buy with strict stop loss  ( 1^st support rs.64/- 2^nd rs.60/- ) for 2^nd target of rs.94/- and rs.110/-. 

	High	Low	Close
Last	76.50	66.00	73.50
Prev.	72.50	68.10	69.40
Weekly	74.80	61.00	69.40
52 week	207.33	34.00
Monthly	58.80	42.80	55.70

 

Core Projects & Technologies Ltd. Chairman  : Sanjeev Mansotra     Industry : Computers – Software

ISIN No INE247G01024 52Week High 311 Book Value 37.40 Face Value 2.00 Bookclosure 31/07/2008 52Week Low 34 EPS 5.14 P/E 14.31 Market Cap. 634.06 P/BV 1.97 Div Yield 0.27 Market Lot 1

 

 

Detailed News Nov-21-2008   Core Projects – Credit Rating   Core Projects & Technologies Ltd has informed that vide their letters dated November 18, 2008 ICRA Ltd has granted the following credit rating for the Companys borrowings: 1. Nature of Credit: Short Term Fund Based / Non-Fund Based Bank Limits Ratings by ICRA: “A1″ Indicators: Highest Credit Quality for the Short Term 2. Nature of Credit: Commercial Paper Pragramme Ratings by ICRA: “A1″ Indicators: Highest Credit Quality for the Short Term Debt Instrument 3. Nature of Credit: Long Term Bank Limits Ratings by ICRA: “LA” Indicators: Adequate Credit Quality.

 

Quarterly results :-

 

	Dec ‘ 08	Sep ‘ 08	Jun ‘ 08	Mar ‘ 08	Dec ‘ 07
Sales	89.96	88.91	64.90	51.63	51.85
Other Income	0.05	0.70	0.46	2.76	0.12
Stock Adjustment	0.00	0.00	0.00	-0.98	0.00
Raw Material	0.00	0.00	0.00	0.00	0.00
Power And Fuel	0.00	0.00	0.00	0.00	0.00
Employee Expenses	55.78	53.04	34.46	25.48	33.34
Excise	0.00	0.00	0.00	0.00	0.00
Admin And Selling Expenses	0.00	0.00	0.00	0.00	0.00
Research And Devlopment Expenses	0.00	0.00	0.00	0.00	0.00
Expenses Capitalised	0.00	0.00	0.00	0.00	0.00
Other Expeses	9.38	11.39	12.22	12.67	5.22
Provisions Made	0.00	0.00	0.00	0.00	0.00
Operating Profit	24.80	24.48	18.22	14.46	13.30
Interest	3.24	3.50	1.73	1.30	0.37
Gross Profit	21.61	21.68	16.95	15.92	13.04
Depreciation	0.54	0.46	0.43	0.35	0.30
Taxation	4.56	4.47	3.20	1.69	2.00
Net Profit / Loss	16.51	16.75	13.32	13.88	10.74
Extra Ordinary Item	0.00	0.00	0.00	0.00	0.00
Prior Year Adjustments	0.00	0.00	0.00	0.00	0.00
Equity Capital	17.25	17.25	16.59	16.59	15.22
Equity Dividend Rate	0.00	0.00	0.00	0.00	0.00
Agg.Of Non-Prom. Shares (in lacs)	451.25	451.25	434.50	434.50	379.56
Agg.Of Non PromotoHolding(%)	53.00	52.31	52.39	52.39	49.86
OPM(%)	27.56	27.53	28.07	28.01	25.64
GPM(%)	24.00	24.18	25.93	29.27	25.09
NPM(%)	18.34	18.69	20.38	25.51	20.66
EPS (in Rs.)	1.91	1.94	1.61	1.67	1.41

 

Share holding pattern :-

 

Share Holding Pattern as on :	31/12/2008		30/09/2008		30/06/2008
Face Value	2.00		2.00		2.00
	No. Of Shares	% Holding	No. Of Shares	% Holding	No. Of Shares	% Holding
PROMOTER’S HOLDING
Indian Promoters	41149049	47.70	41141291	47.69	39491291	47.61
Sub Total	41149049	47.70	41141291	47.69	39491291	47.61
NON PROMOTER’S HOLDING
Institutional Investors
Mutual Funds and UTI	1708201	1.98	1302464	1.51	644768	0.78
Banks Fin. Inst. and Insurance	53450	0.06	2500	0.00	1100	0.00
FII’s	6925266	8.03	6796542	7.88	5601877	6.75
Sub Total	8686917	10.07	8101506	9.39	6247745	7.53
Other Investors
Private Corporate Bodies	19968593	23.15	22867493	26.51	21329708	25.72
NRI’s/OCB’s/Foreign Others	1575634	1.83	2664564	3.09	2401224	2.90
Government	1832939	2.12	2267782	2.63	2893642	3.49
Others	603096	0.70	1051800	1.22	211411	0.25
Sub Total	23980262	27.80	28851639	33.44	26835985	32.36
General Public	12450091	14.43	8171883	9.47	10366330	12.50
GRAND TOTAL	86266319	100.00	86266319	100.00	82941351	100.00

 

 

DISCLAIMER :- We can’t dictate the market. Its an observation only. May , may not hold good. Much depend on govt. policies ,economic & political scenario. Its more of an informatics’ article only. Presenter /writer is not liable or responsible for any personal or financial losses or profits. SOURCE OF INFORMATION : INTERNET SITES.