INVESTMENT STOCK

• HIND DORR OLIVER

• ( HOLDING PERIOD – SIX MONTHS PLUS )

• Present Price – Rs.140.90, Projected price – Rs.225

Hindustan Dorr Oliver (HDO) is an EPC company primarily focussed on providing engineered solutions, technologies, and EPC installations in liquid-solid separation applications. HDO has, over decades, positioned itself as a dynamic component engineering company, with superior technologies to emerge among leading process equipment and plant engineering companies in India. It is a pioneer in water/waste water and industrial effluent treatment systems and offers integrated solutions for customer satisfaction. It has over five decades of experience in India/abroad in terms of executing turnkey projects in this segment. Backed by its core strength in solid-liquid separation technologies, HDO offers a wide range of unit operations and processes for treatment of a variety of effluents. HDO has executed water treatment projects for industrial process and drinking water. Further, it undertakes waste water treatment for domestic sewage and industrial effluents. It has an Equity Capital of Rs.7.20 cr and a Book Value of Rs.36. For the first quarter ending 30th June2009, it reported sales of Rs.183.25 cr and had a net profit of Rs.12.85 cr. The company has an order book position of Rs.1400 cr. The company has ambitious plans to sustain the growth by entering into new diversified areas like Oil & Gas, Power and Material Handling Systems. Long term investors with a one year time frame can even expect a target of Rs.300 plus.