Indian Stock Market

Thanks so much to Manishji, Sandp12ji and Ramaniji for WARNING us not to get carried away.
A Good Sector + A Non-Leader Stock = A Not So Good An Investment.
Thanks for saving us the trouble.
KKP
ps: THIS PARTICIPATION WAS AWESOME - EXPERIENCE OF OTHERS HAS SAVED A LOT OF TROUBLE FOR OTHERS!
Ramani wrote: > I have a holding in this share for more than 4/5 years. My reading is > best to buy at 28/29 and sell around 35/36. My purchase price was 45 > then lower and lower. Yes, consistantly they pay a dividend of 15%. MY > last 100 shares at 45 is still in my holding. > > Ramani. > > —– Original Message —– > *From:* Manish Nagarajan > *To:* investmentsupergrowth@googlegroups.com > > *Sent:* Wednesday, September 12, 2007 7:44 PM > *Subject:* [ISG:63766] Re: Indraprastha Medical > > I dont see why you have done cut ‘n paste from any financial > website. All of it is available on any site if you put a search > for this co. And I have been observing this co for past two years > , ITS AN ABSOLUTE NON MOVER. > */Manish…/* > > > On 9/12/07, *sandp 12* > wrote: > > > Indraprasth Medical Corporation Limited - Medical > Tourism > > > Indraprasth Medical Corporation Limited > > CMP 38 > 52 week high low 38 /26 > > 1988 > - The Company was incorporated as Public Limited Company on > 16th March with the ROC and obtained the certificate of > commencement of business on 7th of April. > 1990 > - The Company entered into an agreement with Indian Hospital > Corporation Limited on 17th July. IHCL is providing technical > consultancy and project consultancy for setting up, > commissioning and functioning of the hospital. > 1996 > - The Cardiology and Cardiothoracic Surgery have > state-of-the-art facilities for cardiac care and treatment. 3 > Catheterisation laboratores with Digital imaging & > electrophysiology facilities have been set-up. > - The Neuro Sciences department is one of the few centres in > Asia providing advanced neuro surgery facilities. > - Since August, 300 beds have been commissioned with an > average occupancy of 200 beds. > - The Company is setting up `Indraprastha Apollo Hospitals` a > 695 bed multi-disciplinary super specialty tertiary care > hospital with state of the art facilities at a site on > Delhi-Mathura Road, near Sarita Vihar, New Delhi. > - The Company proposes to set-up satellite centres in > strategic locations in and around Delhi which will have 8-10 > consultancy rooms and basic diagnostic facilities. > 1997 > - Indraprastha Medical Corporation Limited is entering the > capital market with a public issue of 2,29,18,900 equity > shares of Rs.10 each for cash at par aggregating to > Rs.22,91,83,000. > - Indraprastha Medical Corporation is a multi-speciality > 600-bed corporate hospital being set up in New Delhi. Besides > the hospital complex the corporate hospital also has plans to > set up five satellite centres. > - The first joint sector venture in healthcare in the country > was set up in collaboration with NCT (National Capital > Territory) of Delhi, bringing together the strategic focus and > operational advantages of the private sector. > 1998 > - A combined team of cardiologists and neurologists > successfully developed a new technique of safely embolizing > septal artery without affecting vital circulation of the rest > of the heart muscle. The hardware was a combination of > material used in coronary angioplasty and cerebral AVM > repairs. This procedure has been performed for the first time > in the world. > - A new technique `thrombolysis` devised by the neuroradiology > unit to treat early stroke victims involves injection of a > special medicine directly into the clot within an artery in > the brain to dissolve it. > - Palliative Medicine, for the first time in the country, > being offered as a dedicated speciality service by the > hospital, is a concept of medical care that provides for > people who are terminally ill. > - The Assisted Reproductive Unit comprising a team of highly > skilled and experienced specialists trained in the UK and USA > has been commissioned. > - The hospital is one of the multicenteric multinational drug > trial centres for drug control studies for hypertension. > 1999 > - The group also has an ambitious plan of setting up hospitals > in Ludhiana, Lucknow, Ahmedabad, Vizag and possibly Calcutta > and Mumbai. Abroad, after Dubai and Muscat, the company is > looking at East Africa and Sri Lanka and Bangladesh. > - Besides the Delhi Government, IMCL has been promoted by Dr. > Reddy and Shrodders Ventures of the UK who together hold 49 > per cent stake in the company. The public holds a 25 per cent > stake in IMCL. > - The agreement entered into between the promoters in 1998 > gives an option to the Delhi Government to divest its 26 per > cent stake in IMCL in three tranches once the Indraprastha > Apollo Hospital becomes fully operational. The stake has to be > divested at a pre-determined compounded rate or the prevailing > market price, whichever is higher. > > Second largest healthcare provider by sales. > The company has an equity capital of Rs 91.67 crore. > Face value per share is Rs 10. > Q1 June 2007 annualised EPS of Rs 1.74. > Indraprastha Medical’s net profit had fallen 11.9% to Rs 3.98 > crore on a 19.4% rise in sales to Rs 68.67 crore in Q1 June > 2007 over Q1 June 2006. > 1440 International patients from all over the world were > treated in the Hospital (previous year 758 patients). The > Hospital has tied up with the Embassy of fifteen countries to > carry out health check ups of their employees. > > Radiology Department of the Hospital has been renovated and > upgraded with a 64 Slice CT Scan and 3.0 Tesla MRI and it has > emerged as one of the best Radiology center in the region. > > The Laboratory Services of the Hospital has been accredited by > National Accreditation Board for Testing and Calibration > Laboratories (NABL) in six specialties i.e. Biochemistry, > Hematology, Clinical pathology, Microbiology, Immunology and > Histopathology - Cytopathology. > > An additional Surgical day care unit with eight beds and > Operation Theater has been commenced to meet the increasing > demand. > > The Hospital has introduced three new DNB Courses in the > specialties of Respiratory Medicine, Family Medicine and > Endocrinology. > > More than 1600 Continuing Medical Education Programme (CME) > with eminent faculty from India and abroad have been organized > by the Hospital. > > The Dialysis unit of the Hospital continued to be one of the > major dialysis center in the region and at an average 1764 > dialysis are done on monthly basis. > > The Hospital has tied up with more than 50 new Corporate Body > for providing healthcare facilities to their employees. > > The Hospital has been ranked amongst the top ten Hospitals in > India by `The Week` Magazine. > > Prestigious affiliation - The Company, together with Apollo > Hospitals Enterprise Limited, has entered in to an Agreement > with the world famous M/s. John Hopkins Medicine International > LLC., USA. The agreement provides for collaboration > establishing Centers of Excellence in specific disciplines, > continuing education for medical, para medical and > administrative personnel, providing second opinion services to > patients, and several other areas. > > Expansion Plans > > The Company has entered into an operations management > agreement for managing a 50-bed hospital namely `Shree > Digamber Hospital` at Bharatpur (Rajasthan) . It will also > facilitate the Hospital to get patients referral for super > specialty treatment. > > Expanded its network in the NCR, your Company has set up a 57 > bed Hospital in Sector 26, Noida (UP.) with an investment of > around Rs. 15 crores. The Hospital is situated adjacent to the > commercial hub of Sector 16 & 17, amidst the huge residential > market of Noida. The Hospital is designed as a community > Hospital, focusing on specialties like minimal access surgery, > key hole orthopedics and Dialysis. The Hospital will also > offer wellness programmes to cater to the large and growing > population and corporates in the region. All major cases will > be referred to the Main Hospital. The Hospital has > commissioned out-patients services in March, 2006, and > in-patients services in May, 2006. > > The Hospital provided ambulance coverage for President Bush`s > visit, Delhi Marathon, Bal Yogeshwar and Disaster exercise at > IGI Airport. The Hospital also provided Emergency Medical Aid > Support to India International Trade Fair at Pragati Maidan, > New Delhi. > > The Hospital is major centre for international clinical trials. > > Medical Equipment > > Toshiba Acquilon 64 row detector CT (64 Slice CT Scan) > > The Toshiba Acquilon 64 row detector CT is a state-of-the-art > technology. This highly fast and reliable diagnostic equipment > is very useful for early diagnosis of coronary artery diseases > through non interventional CT angiograms. This fastest > modality of diagnosis is reliable for trauma examinations. Its > accurate and confirmed diagnosis with reduced scan time helps > the patient to walk away from the center immediately after the > scan, thus eliminating hospitalization. The scanning time > being less than 8 seconds even for a coronary angiogram the > entire examination time will be less than 10 minutes. Reduced > scan time also reduces the X-ray dose to the patient > considerably. Improved scan speed time and image quality make > post By Pass and PTCA evaluation very easy and fast. The > equipment is equipped with dental scan, angiography of any > part of the body, Bronchoscopy scan, virtual colonoscopy, > calcium scoring, total cardiac evaluation, osteoporosis scan, > entire trauma studies, etc. in less than 10 minutes. > > Philips 3.0 Tesla MRI > > Philips 3.0 Tesla MRI system enable the clinicians to obtain > improved quality and speed of scanning. It can be used for > different applications like neuro cardiac, orthopedic > cartilage imaging, vascular, peripheral Angio for both 3D and > 2D imaging. Rapid views provide ultra-fast reconstruction - > more than 1200 images per second. Apart from the reduction in > scan time, its friendly open system designs gives optimal > patient comfort and maximized throughout. Its turbo > spectroscopic imaging can be used for Research Application & > Clinical Imaging. > > For Long term Investors 34-35 is Good Buy Area and Stop should > be at 29 > 42-48 -53 will act as resistance > > Disclosure : Included in My Portfolio > > http://stockcarrel.blogspot.com/2007/09/indraprasth-medical-corporation-limited.html > > > Regards > > Sandeep Dhawan > > > > On 6/30/07, *sandp 12* > wrote: > > Hello > > > Can members share view on this stock quoting @31.3 ? > > Will it be benefited from Medical tourism. > > Kindly share your Knowledgeable views on it. > > > — > Regards > > Sandeep Dhawan > > > > > — > Regards > > Sandeep Dhawan > > > > > >