Stock analysis

Valecha engineering
Valecha Engineering Ltd., is an ISO 9001:2000 certified company presently lead by Mr. J.K. Valecha and engaged in civil engineering. Established in 1957, Valecha Engineering Ltd is a significant beneficiary of the infrastructure thrust witnessed by the Indian sub-continent, mainly in the road development sector. The company listed in the Bombay stock Exchange has created some of the most prominent civil engineering infrastructure landmarks of India and has positioned itself as a globally accepted construction and infrastructure development company.Valecha Engineering, a leading player in the construction industry having a Group Turnover of Rs.3000 Million, is engaged in the construction of major infrastructure & engineering projects such as;
Irrigation Dams, Reservoirs & CanalsRoads, Highways & ExpresswaysBridges & TunnelsRailwaysAirportsFoundation & Piling Works
Equipment available with the company
ROAD WORKS - Asphalt Paved: Hot Mix Plant, Crusher, Tippers, Vibratory Roller, Wet Mix Paver
ROAD WORKS - Concrete Paved: Concrete Batching Plant, Transit Mixers, Motor Grader, Soil Compactor, Concrete Paver
BRIDGES & STRUCTURES: Hydraulic Grab, Concrete PlacerPILING: Hydraulic Rig, Cranes – 320
OTHERS: Bentonite Mixing Pump
Some of the projects executed till date
Bridges across bhima and ghod rivers in maharashtrawaluj road bridgeBridge for konkan railMumbai's borivali national park flyover
The Prem Bari underpass for DTTDCArphal canal,karawadiBandup master balancing reservoirWarna manory dam in sangli district of maharashtraGuwahati bypass project
Satra kohlapur package for MSRDCUnder constructionMSRDC flyover at chemburPalam flyoverNHAI phagwara flyover Tunnels for konkan railwaysSatara tunnelPune nagpur road
The company has achived and eps of Rs3.3 for the quarter ending dec 07 with operating profit margins of 8.3%The stock is currently quoting around Rs 175and is a promising investment.