Hindustan Dorr-Oliver (HDO) (Rs.107)

#1
Hindustan Dorr-Oliver (HDO) (Rs.107)

is pioneer in Water/Wastewater and Industrial Effluent Treatment Systems and offers integrated solutions to customer satisfaction. The company has over five decades of experience in India & abroad in terms of executing turnkey projects. The last line of the chairman's message in the latest annual sums up its future prospects: "A new chapter is unfolding in Hindustan Dorr-Oliver. Let us together make it an unforgettable one."
HDO is a leading Indian Engineering, Procurement and Construction (EPC) Company. With a unique combination of process know-how, experience and technical/managerial ability in pollution control processes, HDO is an ideal acquisition for IVRCL.

HDO's core expertise lies in Designing, Manufacturing, Supplying & Installing Equipment, Systems & Processes for liquid-solid separation and pollution control in the Pulp and Paper, Mineral Beneficiation, Chemicals, Food and Pharmaceuticals, Breweries and Distilleries, Refineries and Petrochemicals, Oil and Gas, Phosphatic Fertilizers, Industrial and Municipal Waste Water / Waste Water segments.

HDO's Net profit rose 133% to Rs.3.52 cr. in Q1FY08 as against Rs.1.51 cr. during Q1FY07. Sales rose 65.67% to Rs.54.54 cr. in Q1FY08 as against Rs.32.92 cr. during Q1FY07.

The global manufacturing shift to China & India heralds a new opportunity for the company as it is in the process of signing collaboration agreements with global manufacturers, for meeting their requirement of equipments, design & engineering services.

In view of its strong fundamentals and encouraging outlook, investors can keep adding this stock at every dip for good long-term growth over the next few years. The stock can go up to Rs.200 level over the next one year in good sentiment.

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kukku
 

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