DISA India (DIL)
By Firstcall Research
Firstcall Research is bullish on DISA India and has recommended buy rating on the stock with a target of 4,140 in its April 10, 2012 research report.
DISA India (DIL) is a leading equipment manufacturer in India. It offers advanced foundry and surface preparation process technology. DIL is the Indian arm of the Denmark based DISA Holding, which owns 74.27 percent shares, while the rest is with the Indian public. DISA takes control of all things, right from setting up the plant, designing it to equipment installations.
According to Firstcall Research, Disa India has reported net profit of 123.65 million for the quarter ended on December 31, 2011 as against 85.18 million in the same quarter last year, an increase of 45.16 percent. It has reported net sales of 587.51 million for the quarter ended on December 31, 2011 as against 445.19 million in the same quarter last year, a rise of 31.97 percent. Total income grew by 31.74 percent to 603.05 million from 457.77 million in the same quarter last year. During the quarter, it reported earnings of 81.89 a share.
Currently, DISA India is being traded at 3,580.00. Its 52 week high is 3,749.00 and 52 week low has been 1,370.00. Its 30-day trading volume is 1,955.