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Page
38
Issue No: 26
17th A
ug. to 23rd A
ug. 2015
Aug.
Aug.
-: EVENT CALENDAR :-
Buy Value
10-8-2015
3539.95
3554.38
-14.43
11-8-2015
3488.91
4225.72
-736.81
12-8-2015
3785.66
5640.68 -1855.02
13-8-2015
3854.34
4480.24
-625.9
14-8-2015
4442.23
4038.47
403.76
1323.23
1373.28
-50.05
11-8-2015
1510.87
138013
130.74
12-8-2015
2660.03
1436.23
1223.8
13-8-2015
2056.47
1510.61
545.86
14-8-2015
1591.59
1412.39
179.2
US
Aug Empire Manufacturing
17 Aug
Jul Housing Starts MoM
18 Aug
Jul Building Permits MoM
18 Aug
Jul CPI YoY
19 Aug
U.S. Fed Releases Minutes from July
28-29 FOMC Meeting
19 Aug
CHINA
China July Property Prices
18 Aug
MNI August Business Indicator 20 Aug
Europe
Jun Trade Balance
17 Aug
Jun ECB Current Account
19 Aug
Jun Construction Output YoY 19 Aug
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SMART
INVESTMENT
Derivatives strategies
emkaysubha@gmail.com
Subhashini
Suresh
SMART
INVESTMENT
7.7% and 7 years return around 13.1%. Nifty above level of 24 indicates on overvalued and
negative returns are expected on near term. The P/BV indicators gauges on the market
sentiment of nifty, present value of P/BV is 3.41, expected returns based on price to book
value over 3 year period is 12.1% over and above 4.5 nifty P/BV lower returns are expected
on nifty around 3.3%. The dividend yield of Nifty trades around 1.44%., investing below
dividend yield of 1.5 % would provide fewer returns on nifty.
Overall, moving average indicates weakness on nifty but still indicators on ROC, 200MA
and Williams % R provides buy signal on nifty.
Buy... Buy...
GSPL
Den Network
Vidhi Dyestuffs
Makers Lab.
Sintex
GVK Power
Escorts
Noida Toll Bridge
Sunflag Iron
Dish TV
GATI
JBF Ind.
129.00
140.00
45.00
92.00
104.00
8.70
157.00
24.00
19.00
116.00
176.00
267.00
Buy on Dips
Apollo Tyres
Ashoka Buildcon
Jet Air.
Kovai Medi
Lloyd Ele.
Redignton
Mahindra CIE
Garware Wall
SKS Micro
Phoenix Mills
NRB Bearings
Seshasayee Paper
191.00
177.00
396.00
839.00
253.00
118.00
285.000
309.00
534.00
362.00
115.00
230.00
Sell on High
Hold
Bharat Forge
Allcargo
CIPLA
A.B. Nuvo
M&M
IPCA Lab.
Rel. Infra
KPR Mills
TCS
Persistent Sys.
Tech Mah.
Hester Bio
Godrej Ind.
1215.00
320.00
741.00
2284.00
1372.00
822.00
373.00
831.00
2713.00
715.00
556.00
695.00
385.00
ICRA
Alok Ind.
Asian Paint
J. P. Infra
ITC
Shriram Trans.
Tata Steel
DFM Foods
Gail
E-Clerx
Wimplast
MMTC
4090.00
6.99
897.00
130.00
318.00
865.00
237.00
520.00
336.00
520.00
1995.00
44.00
SMART
INVESTMENT
Jatin Sanghavi
Market Scan
(Mumbai)
(M) 098205 26455
jatinsanghavi100@yahoo.com
Stocks
Reco.Price
TGT Reached Lot Size
Profit
CEAT
1021 1061 1043 250 5500
HPCL
970 1008 991 500 10500
Tata Mot.
393 407 395 1000 2000
Exide Ind. 159 167 161 2000 4000
R.Com.
73
77
75 4000 8000
Total
30,000
CMP
2635
1158
1657
965
725
SL
2595
1136
1619
945
710
TGT-1 TGT-2
2698 2763
1192 1227
1718 1781
998 1031
749
774
S3
8195
27000
S2
8315
27385
S1
8408
27703
Close
8518
28067
R1
8626
28335
R2
8723
28696
R3
8844
29094
SMART
INVESTMENT
Sensex 27209 and Nifty 8195 and 61.8% Retracement of the current rise i.e. Sensex 27174 and
Nifty 8213. A breach of this support zone will pave the way to test the lows of Sensex 26307 and
Nifty 7940.
This week, both the indices breached not only the short term average of 20dma (Sensex 28025 and Nifty - 8499), the medium term average of 50dma (Sensex - 27695 and Nifty - 8377)
but also the long term average of 200dma (Sensex - 27990 and Nifty - 8452). Thus the trend in the
short term, medium term and even the long term timeframe has turned bearish.
Bearish pattern formations still remain intact and hence one can still expect indices to achieve
the target of Bearish Rising Wedge pattern which falls at 26049 for the Sensex and 7882 for the
Nifty, as well as Ascending Broadening pattern and the target for that pattern is at Sensex 25034
and Nifty 7533. Coupled with this, both the indices had also completed a Head and Shoulders
pattern and the target as per this pattern is at Sensex 24486 and Nifty 7425. The above mentioned
patterns will fail only if Sensex closes above 29094 and Nifty above 8844.
Options data for August series indicates highest Put Open Interest buildup at the strike of 8200
and highest Call build-up is at the strike of 8600. Thus Option data suggests a wide trading range
with resistance coming in at 8600 and support around 8200.
SMART
INVESTMENT
Terrific Shots
Polaris Consulting (Rs195.00) (Code: 532254) :- The Tamil Nadu head quartered
company's share is listed in 'B' group with face value of Rs5 a share. The company witnessed
demerger before some time and it got separated from Intellect Design Arena and its prices are
being quoted around 170 after listing with market cap of Rs1700 crore. Polaris' market cap is
Rs200 crore. The demerger unlocked value for the shareholders. In June quarter, the company
registered net profit of Rs38.09 crore on income of Rs495.83 crore with EPS of Rs3.81 on equity
of Rs50.05 crore. There is a rumor in the market that the promoters may exit the company after
selling their stake leading to movement on the counter. Many big companies are interested in
buying this debt free midcap company and the deal may fetch high valuation. The stock may cross
Rs250 level.
SMART
INVESTMENT
Chart Buster
By Talaksi Gosar
(Mumbai)
SMART
INVESTMENT
Although the markets stopped falling further on Thursday, they are unlikely to reverse nearterm trend from bearish to bullish as the issue of the devaluation of the Chinese currency is not an
easier to be countered except the Indian government takes swift actions agaist cheaper imports
from China and the Reserve Bank of India shows courage to cut interest rate outside policy review
and beforehand. However, the Government of India instantaneously raised import duty on steel
immediately after the Yuan was devalued and that had helped steel company shares to stage a
small rally too, though for a shortwhile. The finance ministry officials have already urged RBI to
lower interest rates immediately to counter the iff-effects of the devalued Chinese currency. The
inflation rate has also come down and a rate-cut is the utmost need of the hour and therefore, a
positive announcement could be expected soon in this regard, till then the short-term traders
must see that the Sensex solicits support at 27415 in the first stage and if this is broken, then at
27210 is the most crucial support points.
Symphony Ltd. :- Symphony Ltd. is the largest player in the air-cooler market in India. Its
share always remains in an "over-priced" state and rules ahead of whatever positive factors that
might emerge. It was therefore, due to this very reason, it had scaled to a high of Rs 3270 on April
21, 2015. However, a market fall then prompted this scrip also to fall and by May 8, it fell to a low
of Rs 1845. Such a sharp and huge fall in its price obviously attracted buying that helped it to rise
upto a high of Rs 2575 by May 28. The share then came under selling pressure once again and fell
to a low of Rs 1685 by July 10. Since the markets remained subdued, the share thereafter lifted its
bottoms but could not enter a rising trend and instead fluctuated within a rane until Thursday of the
last week when it formed a low of Rs 1649.05, nearly identical to the preceding two bottomes
described herein above, but jumped up to a high of Rs 2129 on Thursday before closing at Rs
2057.50. Thus, the spark on Thursday is most likely to ignite further rally in the scrip and therefore,
it is recommended for buying whenever available at low levels due to technical factors.
Power Grid Corporation :- Power Grid Corporation had bottomed out at Rs 129.75 on
December 18, 2014, and then rallied to a high of Rs 159 by February 28, 2015. It then attracted a
technical correction and fell to a low of Rs 143.45 by March 27. A fresh rally that helped it to rise
upto a high of Rs 155.70 by April 13 and this being a lower top against the previous one at Rs 159,
a double top pattern was formed on its chart that pushed it into a bearish grip. The share therefore
corrected upto a low of Rs 135.55 by June 29. A tripple top formation with third top being at Rs 144
on July 23 was formed when the share had once again rallied and therefore it fell to a low of Rs
135.60 and thereby a double bottom pattern was also formed. After having fallen to a low at
around Rs 135 the share went up and down again but not below Rs 135 in any of the last three
trading days in which it sustainingly received supprt at this low before it rose to a high of Rs 138.35
on Thursday before closing at Rs 137.90 and thereby indicated a possibility that its is now ready to
rise in the days to come provided the market-trend suppots.
Coal India :- Coal India share had bottomed out at Rs 331.60 on October 13, 2014, before
entering the uptrend and reached a high of Rs 447.25 by August 5, Wednesday of the previous
week. However, after rising to a level that attracted selling in the form of profit-booking in this scrip
reversed its trend from bullish to bearish and it then started to going down every day thereafter
and fell to a low of Rs 363.00 by Wednesday of the last week. After having fallen so steeply and
swiftly, the share on Thusday solicited buying support and closed at Rs 377.10, higher than the
previous day's closing of Rs 371.45 and thereby appeared to have ended the slide. The share is
therefore, suggested for buying for long-term investment.
SMART
INVESTMENT
Stock Wave
www.chartsanketstock.com
-: Golden quote :The Measure of who we are is what we do with what we have
SMART
INVESTMENT
Dilip Davda
e-mail
dilip_davda@rediffmail.com
10
Best Buy
Experts Eye
Axiscades Engg.,
HPCL
J.K. Tyre
Bonus meets
Centron Industrial : 14-8-15
Pincon Spirit : 26-8-2015
Bonus Announced
Divis Lab (1 : 1)
Alpine Housing (1 : 1)
Fairdeal Filament (1 : 10)
Dividend Announcements
FTIL (250%), Sun Pharma (300%), ADF
Foods (15%), Aurobindo Pharma (50%),
Bodal Chem (10%), Cosco India (10%),
Vidhi Dyestuff (20%), Hinduja Global
(50%), Kaveri Seeds (125%), Mayur Uni
(16%), Symphony (500%),
SMART
INVESTMENT
11
Indices opened with divergent trends on Wednesday but kept sliding as China devalued its
currency Yuan that brought panic for India on trade pact and commodity aspects. BSE Sensex
lost 353.83 points to close at 27512.26 and NSE Nifty marked deficit of 112.90 points to end the
day at 8349.45. IIP for June 15 at four month high and eased CPI both at 3.78% failed to bring
cheer for market. Rupee marking last two year's low at Rs. 64.94 a dollar forced operators to press
sell button. Logjam on GST bill at centre also prompted FIIs to plan exit. Banking, Auto, Power,
Metal, Capital Goods lead the doom and also attracted heavy sell off in Mid and Small cap counters.
FII remained net sellers with heavy offloading. Mangalam Seeds got listed on BSE SME and
quoted above the office price at around 10% premium.
With higher opening on Thursday indices marked volatile move and finally managed to close in
green. BSE Sensex scored 37.27 points to end the day at 27549.53 and NSE Nifty marked gain of
mere 6.40 points to close at 8355.85. With high volatile trades market witnessed surge in Auto and
Pharma counters while Metal kept sliding. After firm positive start, market just managed to close in
green with heavy weights surge. Mid and Small cap counters remained dull. Good numbers for
FY16 Q1 helped surge in counters like Aurobindo, SCI, Tata Power, Abbott etc. and decline in
counters like Kaveri Seeds, Page Ind, Max India etc on poor results. Fairdeal Filament announced
bonus in the ratio of 1 share for every 10 shares helod.
On Friday markets opened on a firm note and continued to surge on short coverings as three
settlements were being clubbed together due to intervening bank holidays. BSE Sensex scored
517.78 points to close at 28067.31 and NSE Nifty mirrored similar sentiments with a rise of 162.70
points to end the day at 8518.55 and thus both benchmarks closed the week at respectable levels
of 28K+ and 8.5K+ respectively. Realty and IT counters lead the rally and got support from counters
like MEP Infra, Adani Ports, Hindalco, Amara Raja, Reliance Capital etc. However, PSU OMC
counters eased on firming dollar. Market breadth turned positive. Although market scored for last
two sessions, it fell short of recovering the first three day's losses.
Indices marked net weekly LOSS of 169.08 and 46.05 points in Sensex and Nifty respectively
on global cues and logjam at centre on domestic front.
During the week Dividend announcements came in from FTIL (250%), Sun Pharma (300%),
ADF Foods (15%), Aurobindo Pharma (50%), Bodal Chem (10%), Cosco India (10%), Vidhi Dyestuff (20%), Hinduja Global (50%), Kaveri Seeds (125%), Mayur Uni (16%), Symphony (500%)
etc.
Rupee marked sharp fall to be at Rs. 65.11 a dollar that dampen the sentiment and overshadowed eased Crude Oil. Thus expectation of further petro product price cut hinges on Rupee/Dollar
parity now. Now all eyes are on Monsoon progress and the development at the centre on important bill's passage. If this does not happen, it will have cascading impact on the sentiment going
forward and may have danger of downgrading of India's rating. First three sessions of ensuing
week will be highly volatile as intervening bank holidays have resulted in clubbing of pay-in for
three sessions i.e. 14th, 17th and 18th for 20th and no BTST for purchases for 14th and 17th.
Under the given scenario, BSE Sensex may move in the range of 28550-26750 and NSE Nifty
between 8650-8150.
Bonus meets convened on 14.08.15 by Centron Industrial and 26.08.15 by Pincon Spirit.
Scrip Watch :- Following scrip may be monitored for strategic investment ideas for medium to
long term.
Axiscades Engg. (BSE Code 532395) :- This engineering design service sector
company has (on a consolidated basis) posted net profit of Rs. 6.19 crore on a turnover of Rs.
86.13 crore for the FY16 Q1 against net profit of Rs. 3.66 crore on a turnover of Rs. 71.82 crore for
corresponding previous period. For the fiscal 2014-15 it posted in net profit of Rs. 19.41 crore on
a turnover of Rs. 317.59 crore. As on 30.06.15, equity capital of Rs. 13.61 crore is supported by
free reserves of Rs. 117 crore plus. Scrip may be considered at declined level for medium to long
SMART
INVESTMENT
12
term. It currently quotes around Rs. 271.60 against 52 week High/Low of Rs. 396/107, FV Rs. 5.
HPCL (BSE Code 500104) :- This downstream petroleum product PSU has posted net
profit of Rs. 1588.04 crore on a turnover of Rs. 51803.26 crore for the FY16Q1 against net profit of
Rs. 46.04 crore on a turnover of Rs. 59237.48 crore for corresponding previous period. Thus it has
shown improvement in bottom line. For the fiscal 2014-15 it has posted net profit of Rs. 2733.26
crore on a turnover of Rs. 206626.19 crore. As on 30.06.15, equity capital of Rs. 338.63 crore is
supported by free reserves of Rs. 17270 crore plus. Scrip may be considered at declined level for
long term. It currently quotes around Rs. 873.85 against 52 week High/Low of Rs. 991/410, FV Rs.
10.
JK Tyre (BSE Code 530007) :- This tyre and rubber product company has (on a consolidated basis) posted net profit of Rs. 118.12 crore on a turnover of Rs. 1777.18 crore for the
FY16 Q1 against net profit of Rs. 55.44 crore on a turnover of Rs. 1864.16 crore for corresponding
previous period. For the fiscal 2014-15, it has posted net profit of Rs. 329.66 crore on a turnover of
Rs. 7383.71 crore. As on 30.06.15, equity capital of Rs. 45.36 crore is supported by free reserves
of Rs. 1470 crore plus. Scrip may be considered at declined level for medium term investment. It
currently quotes around Rs. 106.70 against 52 week High/Low of Rs 163/52, FV Rs. 2.
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an
offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely
for educational and information purposes only and under no circumstances should be used for making
investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. Any reader taking decisions based on any information
published here does so entirely at own risk. Author has no holdings or plans to invest in any scrip referred in
this article.
(Email: dilip_davda@rediffmail.com )
Open
28,250.78
28,193.26
27,880.76
27,635.25
27,668.06
NSE - Nifty
10-Aug-15
11-Aug-15
12-Aug-15
13-Aug-15
14-Aug-15
Open
8577
8548.45
8445.7
8384.45
8402.35
High
28,417.59
28,205.12
27,883.33
27,791.10
28,100.64
Net
High
8621.55
8556.25
8446.95
8429.5
8530.1
Net
Low
28,017.85
27,825.83
27,479.43
27,496.29
27,643.20
Weekly
Low
8497.8
8441.3
8337.95
8339.75
8381.2
Weekly
Close
28,101.72
27,866.09
27,512.26
27,549.53
28,067.31
Loss
Close
8525.6
8462.35
8349.45
8355.85
8518.55
Loss
Diff
-134.67
-235.63
-353.83
37.27
517.78
-169.08
Diff
-39
-63.25
-112.9
6.4
162.7
-46.05
SMART
INVESTMENT
13
Q1-FY15 Q1-FY16
14 % -7.4 %
13.6 % -10.1 %
7.9 % 3.7 %
29.2 %
1%
33.7 % -1.6 %
-----
Interest income
Interest Exp.
Net Profit
Gross NPA
Total advances
NII
Gross NPA ratio
Q1-FY15
13 %
13.7 %
7.7 %
29.3 %
14.9 %
11.5 %
Q1-FY15 Q1-FY16
13.6 %
10 %
11.7 % 10.3 %
11 % 16.4 %
29.7 % 2.4 %
29.3 % 2.1 %
29 Banks
Banks have reported lower growth in
sales(interest income) though decline in
profit. NPAs have increased to a high in
last 3 years. (sample does not yet have
SBI)
SMART
INVESTMENT
14
Scrip Watch
AB Nuvo (Rs. 2266.00) (Code : 500303)
SMART
INVESTMENT
15
Market Tips
Cyient (Rs. 535.00) (Code : 532175) : This engineering, data analytics, network and
operations solutions firm was earlier known as Infotech Enterprices. Cyient has seen 26% annualised
earnings growth in the past five years. Due to a strong deal pipeline, synergies from acquisitions
and improving market conditions, Cyient's performance has improved considerably in the past two
years. It also has a cash balance, including liquid investments, of Rs 626 crore, which it will
employ towards acquisitions.Cyient's acquisition of Global Services Engineering Asia from Pratt &
Whitney Services is expected to be completed by end-August. It will increase Cyient's earnings
per share. Meanwhile, it has reported 9.2 per cent rise in net profit at Rs 74.8 crore for the quarter
ended June, 2015. It saw its revenues rising 16.8 per cent to Rs 726.2 crore in the said quarter
from Rs 621.7 crore in the corresponding quarter last year. The company added (gross) 697
people and 26 customers during the quarter. Its attrition rate increased to 18.8 per cent from 15.3
per cent on sequential basis. Among geographies, Americas accounted for 44.6 per cent of the
revenues; Europe, Middle East, Africa & India contributed 37 per cent and Asia Pacific contributed
18.4 per cent, respectively.The stock has corrected a bit in last one month. Now, as the rupee has
depreciated against the dollar, the company will benefit in near future. Buy. Buy more at decline.
Aarti Industries (Rs. 431.00) (Code : 524208) : Aarti Industres is a diversified
speciality chemicals company. 84% of its revenue comes from speciality chemicals. It is expected
to continue its good performance.Aarti Industries has been giving a 2%-plus return on earnings for
the past several years and this will continue.There are several factors that show the company's
promise.First, the demand for speciality chemicals in India is rising and is expected to grow at
around 15% in the coming years. To benefit from the demand potential, Aarti Industries is looking
to invest around Rs 420 crore between 2014-15 and 2016-17 to expand capacity. Quite importantly, the counter has started attracting institutional players because of its performance. Also, the
company's market capitalisation reached Rs 3,700 crore, which is quite reasonable.The stock has
jumped to Rs.425 level from Rs.250 a year ago. Still, it is one of the best bet in mid-cap segment.
Cummins India (Rs. 1177.00) (Code : 500480) : Cummins India stock has seen
strong rally in recent days. The stock has spiked to Rs.1200 plus level from Rs. 850 in just three
months. Cummins India posted a marginal decline of 0.59% in its net profit to Rs 210.73 crore
during the quarter ended June 30, 2015 against Rs 212 crore posted over the same period last
year.However, company's total income has grown up 25.75% to Rs 1,314.31 crore during the
quarter as compared to Rs 1,045.14 crore in the same period last year. Cummins has no long term
or short term debt, thus there is no interest burden. Power Generation business grew 23 percent
over the previous quarter as company improved market share. The Industrial business was flat
quarter on quarter, but has grown 22 percent based on improving government led infrastructure
investments. The Company has recorded strong growth in export revenues particularly for low
kVA generators. Domestic sales grew 17% as compared to the same period last year and 14%
compared to the prior quarter. Exports increased 36% as compared to the same period last year
and 16% compared to the prior quarter.Accumulate at every decline.
SMART
INVESTMENT
16
SMART TIPS
Redington India (Rs. 117.00) (Code:
532805)
SMART
INVESTMENT
17
:- The commercial vehicle manufacturer company's share witnessed a 52 week high at Rs90.4 and law at Rs33.3. The company
made profit for last four quarters. The company witnessed losses of Rs48 crore in June 2014,
profit of Rs120.69 crore in September 2014, profit of Rs32.09 crore in December 2014, profit of
Rs229.97 crore in March 2015 and profit of Rs159.32 crore in June 2015. In June quarter the
company's income increased from Rs2477.80 crore to Rs3841.22 crore while profit increased
from Rs47.98 crore to Rs159.32 crore with EPS of Rs0.56. the company's sales is increasing per
month. The promoters hold 38.82%, FII hold 20.21%, DII hold 12.35% and public hold 28.62%
stake in the company. The stock prices may be in three digits in near future.
:- Ahmedabad-based company operates in road, highway, bridges construction, irrigation, support infrastructure and mining sector. In
June quarter the company completed 4 BOT and one irrigation projects and also got new orders
worth Rs1136 crore as a result the company's order book crossed Rs10000 crore. In June quarter, the company's income increased from Rs685.51 crore to Rs829.29 crore, while profit increased
from Rs26.99 crore to Rs39.48 crore. The company's equity is just Rs17.15 crore in which the
promoters hold 47.11%, FII hold 15.87%, DII hold 25.03% and public hold 11.99% stake. As the
company's balancesheet is strong, the DIIs have been very bullish on the stock from the beginning. The stock is witnessing strong consolidation for quite some time. One of the group companies is coming up with IPO next month. The funds have set target of Rs500 in long term.
:- One of the leading power transmission companies of India is also active in other segments. The company has bagged new
orders at high profit margin which may improve the company's bottom line. In FY2015, the company's
income increased from Rs7090.29 crore to Rs7198.21 crore, while profit increased from Rs122.21
crore to Rs120.36 crroe. In June quarter the company's income increased from Rs1063.38 crore
to Rs1169.61 crore, while profit increased from Rs41.86 crore to Rs48.41 crore with EPS of Rs3.15
crore. The company has more than Rs8000 crore orders on hand. The company's 60% orders are
from foreign countries. The company's rival Jyoti is getting weaker so the orders are coming
towards Kalpataru Power. As against equity of Rs30.69 crore the company has reserves of
Rs2185.57 crore. The company has filed DRHP for coming up with IPO of Shri Shubham Logistics. The stock prices may cross Rs300 level.
:- The Delhi-headquartered automotive component, module and system supplier's portfolio consists of encopresis electrical distribution systems, polymer product and complied module systems. It has its presence in 25 countries with 124 plants. The company enjoys investor friendly status with paying regular dividends.
The company's clients list includes Walks Wagon, Hyundai, General Motors, Tata Motors, Suzuki,
BMW, Renault, Nissan, Ford, Mercedes Benz, Volvo and Mahindra and Mahindra. The company
has paid bonus shares for seven times since 1997.In FY 2015, the company's sales increased
from Rs30721.01 crore to Rs35031.89 crore, while profit increased from Rs764.97 crore to Rs862.47
crore. In June quarter the company witnessed net profit of Rs163.73 crore on income of Rs9384.80
crore. Based on the strong financial results the stock is achieving newer heights and it may continue its strong performance on the bourse in coming days as well.
SMART
INVESTMENT
Diwan-E-Khas
18
SMART
INVESTMENT
Investment Ideas
19
NIFTY (8514) :-
For next week nifty has strong support around 8460 level, break with
volume will take it to 8410---8350 level. On the upper side it has strong hurdle at 8565 level,
cross over with volume will take it to 8650---8710 levels.
Albert David (524075) (322) :- It is one of the oldest Pharma Company. Company has
equity of just Rs.5.71crore while it has huge reserve of Rs.85crore. Recently Company has reported much better Q1FY16 result. Net sales remain flat at Rs.84.93crore however net profit
zoomed 45% to Rs.2.79crore. Stock is trading at PE ratio of just 13. It is available with 55%
dividend. One can watch this stock keeping stop loss of Rs.295. On the upper side stock will zoom
up to Rs.350---370 or Rs.404 levels in coming days
INVESTMENT WATCH
On 29th June 2015, we had recommended IVP @ Rs.56.35, last week it zoomed to
Rs.106.55 levels & stock has recorded almost 89% appreciation.
LKP Finance (507912) (91) :- What started as one of India's first securities brokerage
houses in 1948 is today one of the country's largest multi-dimensional financial services group.
The company offers its services through a network of approximately 2,300 outlets in India. Company has an equity base of Rs.12.20crore that is supported by reserves of around Rs.141.02crore
which is 11.55 times higher than the equity and has a share book value of Rs.129.77 and price:
book value ratio is just 0.75, which is highly impressive. The promoters hold 64.42%, FIIs hold
2.90% while the investing public holds 32.65% stake in the company. Promoters stake was 59.57%
after March 2015, which is increased to 64.42% after June 2015 means promoters have increased
their stake by 4.85% in just 3 months which clearly indicates that promoters are highly bullish for
bright future.
For FY15 LKP reported EPS of Rs.14.57 on sales of Rs.143.12crore. Now it has posted mindblowing numbers in Q1FY16. Net sales have increased 70% to Rs.34.10crore. Despite Rs.2crore
income tax against NIL, PAT has jumped by 175% to Rs.4.98crore. Q1FY16 EPS stood at Rs.4.08.
The scrip is trading at P/E multiple of just 5.5, which is cheapest P/E ratio in the brokerage sector.
Company is regularly paying dividend to its shareholders. It has paid 20% dividend for FY12FY13-FY14 while it has paid 120% dividend for FY15. At the current share price, this results in a
dividend yield of 12.70% which is highly impressive. Stock is looking explosive for investment.
Investors can buy this stock with a stop loss of Rs.75. On the upper side, it will zoom to Rs.125--130 levels in the medium term while stock may zoom up to its all-time high rate of Rs.239 in the
next 15---18 months.
Precision Wire (523539 & NSE) (140) :- Precision Wires India Limited produces and
sells copper winding wires in India and internationally. It serves large and medium electrical and
electronic equipment manufacturers. PWIL has three manufacturing facilities located at Silvassa,
Dadra Nagar Haveli and Palej, Gujarat.
Company has an equity base of Rs.11.56crore that is supported by reserves of around
Rs.175.28crore. Recently company has declared June Quarter result. Sales have remained al-
SMART
INVESTMENT
20
most flat to Rs.222.89crore. Despite 71% rise in income tax, PAT has jumped by 54% to
Rs.4.22crore. Q1FY16 EPS stood at Rs.3.65. The scrip is trading at P/E multiple of just 14. Company is regularly paying dividend to its shareholders. It has paid 60% dividend for FY11, 30%
dividend for FY12, 40% dividend for FY13, 100% dividend for FY14 while it has paid 30% interim
dividend for FY15 & declares 25% final dividend for FY15 (Total 55% dividend for FY15). Stock
will be done x-dividend (25% dividend) from 19th August 2015. Company has also announced
Sub Division of Equity Shares from the existing face value of Rs.10/- per Equity Share to Rs.5/per Equity Share.
Stock is looking explosive for investment. Investors can buy this stock with a stop loss of Rs.125.
On the upper side, it will zoom to Rs.165--170 levels in the medium term while stock may zoom up
to its all-time high rate of Rs.208.75 in the next 12---15 months.
Disclosures: At the time of writing this article, author, his clients & dependent family
members may have positions in the stocks mentioned above. The author, his firm, his
clients or any of his dependent family members may make purchases or sale of the securities mentioned in website. Author may have positions in above stocks so have vested
interest obviously in their going up or down as the case may be.
Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable
& authenticated sources believed to be true & correct, and also is technical analysis based
on & conceived from charts. Investors should take their own decisions. We assume no
responsibility for any transactions undertaken by them. The author won't be liable or responsible for any legal or financial losses made by anybody.
BUY.... BUY....BUY
Co. Name
KCP Ltd.
Uttam Galva
Linc Pen
NCC
Ashok Leyland
Adani Ports
J. K. Tyres
Indian Hume
Tata Chem.
PC Jew.
Wipro
Kalpataru Po.
Code
590066
513216
531241
500294
500477
532921
530007
504741
500770
534809
507685
522287
Price
78.00
40.00
169.00
77.00
88.00
360.00
107.00
378.00
469.00
365.00
573.00
266.00
Co. Name
NBCC
Talwalkars Be.
Tata Motors
I.B. Housing
Karuru Vysya
L&T
CEAT
Z. F. Steering
Glenmark PH.
Infosys
Nestle
Dr. Reddy
Code
534309
533200
500570
535789
590003
500510
500878
505163
532296
500209
500790
500124
Price
1021.00
269.00
355.00
793.00
490.00
1798.00
1048.00
1528.00
1132.00
1150.00
6288.00
4239.00
SMART
INVESTMENT
MARKET TREND
21
NIKHIL BHATT
(+919979380808)
WWW.INVESTMENTPOINT.IN
1. HDFC Bank (1084) : It is suggested to buy @ Rs 1077 with SL of Rs 1070 for the target
of Rs 1099 - 1108; below Rs 1066 it can fall up to RS 1057 - 1050 levels. If it crosses Rs 1118 level
than expect nonstop rally up to Rs 1122...!!
2. JSW Steel (860) : Operator based Game start in this stock, Buy @ Rs 855 With SL of Rs
848 for the target of Rs 878 - 890 level below Rs 848 it can show further downfall up to Rs 837!!!
3. Andhra Bank (71) : Buy delivery of this stock near @ Rs 68 with SL of Rs 63 for the
target of Rs 77 - 86 level. It is very good for medium term position also!!!
4. Torrent Power (165) : This stock is looking very good to buy @ Rs 160 with SL of Rs
151 for the target of Rs 173 - 181 Levels below Rs 145 is stock shall witness free fall!!!
5. Indian Oil Corporation (394) : Buy @ Rs 388 levels considering minor support of Rs
380 and stop loss of Rs 377 for an upper target of Rs 404 - 414 levels. Below Rs 377 it can slip up
to RS 370 - 366 levels!!!
6. Biocon (466) : Operator based buying has been there in this stock. Buy @ Rs 460 with
SL of Rs 454 for the target of Rs 474 - 482 levels it is very good for long term position also!!!
7. Adani Ports (334) : Trading point of view BUY @ Rs 328 With SL of Rs 320 for the
target of Rs 343 - 350 level below Rs 320 It can show further downfall up to Rs 313 ..!!!
8. Tata Power (69) : Buy delivery of this stock near @ Rs 63 with SL Rs 57 for the target
of Rs 74 - 83 level. It's very good for long term position also!!!
9. Bank of Baroda (176) : For medium term buying is suggested @ Rs 170 with SL Rs
166 for the target of Rs 183 - 193 level. Below Rs 157 it can show further downfall!!!
10. ACC (1364) : It is suggested to SELL with SL Rs 1371 for the target of Rs 1355 - 1347
below @ Rs 1347 it can slip up to Rs 1340 - 1334 level. Above Rs 1377 level will take the stock to
Rs 1383 - 1390!!!
SMART
INVESTMENT
Primary Market
22
- Dilip K. Shah
In last calendar year 10 companies raised Rs4700 through IPO which is higher than previous tow years
SEBI gave nod to 24 companies for IPO till now
Last week one Mainline IPO and two SME IPOs got listed with more than 10% premium
Syngene's good listing and good response to Power Mech creates expectation of 'Good Days'
Last Week of August may witness of 4 main line IPOs making primary market vibrant
IPOs of Pennar Engg. likely to open on 26th, Prabhat Dairy on 28th Aug. & Sadbhav Infra on 4th Sept.
Navakar Corporation's Rs 600 crore IPO will open on August 24 Price Band Rs. 147 to 155
Shree Puskar Chem's Rs 70 crore issue will open on August 25 at rate of Rs61-65
This week Oyeeee Media and Universal Auto foundry 2 BSE SME IPO to hit Market
Smart Investment predicted it rightly: Syngene got listed on 11th at Rs195 and surged to 300+
Where and how will be refund, allotment and listing of Power Mech?
Mangalam Seeds and Pecos got listed at 10% premium on BSE SME IPO: This week Emkay to get listed
Government gives nod for 5-10% disinvestment in Coal India: will raise Rs2300 crore funds
Nizuvudi Seeds gets nod for IPO: alkem Lab, Mah. Logistics and ABD all set for IPO
One the one hand secondary market's volatility is increasing, while primary market is
giving indication for 'Achchhe Din'. One after another IPOs are getting listed at premium
rates improving sentiments of the investors and lure them back to the market.
In calendar year 2015, total 10 companies have raised Rs47,000 from the market which
is higher than last two years. More companies are ready to join the band wagon.
Last week three IPOs got listed of which one was Syngene International's mainline IPO
and other two were Pecos Hotels & Pubs and Mangalam Seeds SME IPOs. All three got
listed at premium rate and Syngene gave handsome return to the investors.
Power Mech Projects also got good response. Now announcements have been made
about Navkar Corporation and Shree Pushkar Chemical's IPOs.
Last week's IPO listing :Syngene International (539268) :- As against offer price of Rs250 the issue got listed at
Rs295 and went up to Rs318, coming down at Rs295 and ultimately closed at Rs310.40
giving 24% return. The stock prices went up to Rs316.40 on Friday. This is third good listing
after INOX Wind and VRL Logistics. Hold the stock for 4-6 months with target of Rs350.
We in 'Smart Investment' predicted it correctly that it will get listed on August 11 at rate of
Rs290-300 and will cross Rs310 level. Our prediction came true 100%.
BSE-SME IPO listing :Pecos Hotels & Pubs (539273) :- The issue with offer price of Rs50 got listed at Rs56
SMART
INVESTMENT
Navkar
Corporation
Issue size
(Rs. Cr.)
--
26-8-2015
Eq. Shares
* (Rs. 600 Cr.)
(Book Building)
2.
Shree
Pushkar Che.
25-8-2015
27-8-2015
Offer price
(Rs.)
147 to 155
61 to 65
(Non SME)
Min.
Rs. 1,00,00
Rs. 2,00,000 Listing
App.
Limit
Limit
95 Shares 570 Shares 1235 Shares BSE
Rs. 14725
23
Rs. 88350
Rs. 191425
MSE
BSE
NSE
Lead
Manager
Axis Cap.
SBI Cap.
Edelweiss
Keynote
Rating
%
Remark
NEXT WEK
NEXT WEK
Eq. Shares
(Book Building)
(Rs. 70 Cr.)
* Navkar Corpporation : Fresh Issue Rs. 510 Cr. by the Compnay & An Offer for sale of Rs. 90 Cr. by Siddhartha Corporation, A Member of Promoter Group
and then went up to Rs57.25 and came down to Rs53.25. It closed at Rs51 on Thursday.
Mangalam Seeds (539275) :- The issue with offer price of Rs50 got listed at Rs55 and
then went up to Rs57.75 and came down to Rs55 and ultimately closed at Rs 57.75. On
Friday the share closed at Rs55.20.
Last week's Issues:Power Mech Projects :- The issue that opened on August 7 got closed on August 11.
The issue with priceband of Rs615-640 got 38.12 times subscription: 27.5 times in QIB,
133.22 times in HNI and 3.42 times in retail.
Discovery price :- The discovery price could be fixed around Rs640.
Issue Subscribed
7-8-2015 10-8-2015 11-8-2015
0.00
0.01
0.13
0.07
0.12
0.16
0.77
0.45
27.53
133.22
3.42
38.12
Premium
(Rs.)
Kostak Price
Min. Application
SMART
INVESTMENT
24
Open Dt.
Close Dt.
Oyeeee Media
Ltd.
Universal
Autofoundry
Issue size
(Rs. Cr.)
Offer price
(Rs.)
13-8-2015
39,75,000 Eq.
Rs. 40
19-8-2015
19-8-2015
21,60,000 Eq.
21-8-2015
Minimum Applications
Rating
Rs. 15
32 %
Remark
%
AVOID
40 % APPLY
Refund/allotment :- Allotment may take place on August 20/21 and shares may get
deposited on August 24. Out of 272 retail applicants 100 applicants will get 20 shares, i.e.
out of 11 only 4 applicants will get 20 shares.
Listing :- It may get listed on August 25/26 at rate of Rs725-2740. And may cross Rs750.
Muthoottu Mini Finance :- The NCDs issue with base price of Rs1250 crore got 177%
means Rs2200 crore fund till August 13. The company has got approval for retaining Rs2500
crore so it still needs Rs210 crore. The issue will get closed on August 14 so it may achieve
the target.
Mainline IPO of upcoming week:Navkar Corporation :- Rs 600 crore will open on August 24 and close on August 26. In
this issue 50% shares (Rs300 crore) will be allotted in QIB, 15% (Rs.90 crore) in HNI and
35% (Rs210 crore) in retail category. IPO will get listed on NSE & BSE. Price Band Rs. 147
to 155. Lead managers are Axis Capital, SBI Capital and Edelweiss.
Shree Pushkar Chemicals :- Rs70 crore IPO will open on August 25 and close on
August 70. The offer price is Rs61-65. Key Note is lead manager.
SME Issues :Oyeee Media :- The issue will open on August 13 and close
on August 19 to offer 39.75 lakh equity shares at price of Rs40
to raise Rs15.90 crore fund. More details are given in a separate box.
Listing Information of
Syngene International
BSE Code
Listing Date
Offer Priced
Listing Price
Listing Day High
Listing Day Low
Listing Day Close
CMP (13-8-15)
Universal Auto.
Eq. Shares
Market Makers
1,12,000
Net Issue (Public)
20,48,000
Total Size
21,60,000
City : JAIPUR
539268
11-8-2015
Rs. 250.00
Rs. 295.00
Rs. 318.20
Rs. 295.00
Rs. 310.40
Rs. 316.40
Listing Information of
Pecos Hotels & Pubs
BSE SME
Listing Date
Offer Priced
Listing Price
Listing Day High
Listing Day Low
Listing Day Close
CMP (13-8-15)
539273
11-8-2015
Rs. 50.00
Rs. 56.00
Rs. 56.00
Rs. 53.25
Rs. 53.25
Rs. 51.00
Listing Information of
Mangalam Seeds
BSE SME
Listing Date
Offer Priced
Listing Price
Listing Day High
Listing Day Low
Listing Day Close
CMP (13-8-15)
539275
12-8-2015
Rs. 50.00
Rs. 55.00
Rs. 57.75
Rs. 55.00
Rs. 57.75
Rs. 55.20
SMART
INVESTMENT
25
Universal Auto foundry :- The issue will open on 19th August & close on 21st August,
2015 Co offer 2160000 equity shares at price Rs. 15 to Rise rs. 3.24 cr. Fund. More details
are given in separate box.
PSU Disinvestment:Coal India :- It is believed that the Union Cabinet has gave nod at its meeting on August
12 for disinvestment of 5-10% of stake to raise Rs2200-300 crore.
The government is planning IPO of ONGC, Airport Authority of
India, Coal India, Hindustan Aeronautic, etc for unlocking values.
The finance minister is mulling the idea of roping in Indian Embassies in different countries to become merchant bankers. It will
try to attract investment from Australia and Japan.
Insight of Future Public Issues:Nuziveedu Seeds :- The cotton seed producer has obtained
Top 10 IPOs
Upcoming Soon
Co. Name
Rs. Cr.
Interglobal Aviation
2500
Rashtriya Ispat Nigam
1500
RBL Bank
1500
AGS Transact Technology 1350
Coffee Day
1150
Lavasa Corp.
750
Dilip Buildcon
750
Nuzvid Seeds
700
Sadbhav Infra
650
Navkar Corporation
600
green signal for offering Rs125 crore fresh equity, 98.81 lakh equity shares of promoters and 19.78 lakh shares of P/E investors.
Alkem Lab :- Pharma company is planning to come up with
Rs1500 crore to Rs3500 crore IPO for funding expansion and will
file DRHP with SEBI soon.
Mahindra Logistics :- The company
with income of Rs2000 crore may come
up with issue.
Allied Blenders & Distillers :- ABD
may come up with Rs1000 crore issue
Muthoottu Mini
NCDs Subscribed
soon.
Category
Series1
Series2
Series3
Series4
Series5
Series6
Series7
Total
Qty.
4,01,446
5,91,207
5,13,302
1,05,578
1,66,324
44,892
5,26,921
23,49,670
Shree Pushkar
Chemicals & Fertilizers
Retail Investor Application
Shares
95
190
285
380
475
570
Amt.
14725
29450
44175
58900
73625
88350
Shares
665
760
855
950
1045
1140
1235
Amt.
103075
117800
132525
147250
161975
176700
191425
Shree Pushkar
Chemicals & Fertilizers
Retail Investor Application
Shares
200
400
600
800
1000
1200
1400
Amt.
13000
26000
39000
52000
65000
78000
91000
Shares
1600
1800
2000
2200
2400
2600
2800
3000
Amt.
104000
117000
130000
143000
156000
169000
182000
195000
Basis of Allotment of
Emkay Taps BSE SME
No. of Shares Applied
400
No of Application
681
Total Eq. Shares
Applied
2,72,400
Allocation per Appl.
400
Ratio
55 : 67
Total no of Equity
Shares Allotted
2,23,600
Basis of Allotment of
Mangalam Seeds BSE SME
No. of Shares Applied 3000
No of Application
498
Total Eq. Shares
Applied
14,94,000
Proportionate
Shares Available
7,11,000
Allocation per Appl.
3000
Ratio
10 : 21
Total no of Equity
Shares Allotted
711000
Surplus (Deficit)
0
SMART
INVESTMENT
26
(Email: dilip_davda@rediffmail.com)
SMART
INVESTMENT
27
Universal Autofoundry BSE SME IPO Opens on 19th & Closing on 21st Aug.
Offer price Fixed Rs. 15 : Issue size Rs. 3.24 Cr.
-By Dilip Davda
Universal Autofoundry Ltd (UAL) is engaged in the manufacturing of Iron Castings. It manufactures castings components in Grey Iron and S.G. (Ductile) Iron, primarily for automotive sector.
Castings are supplied in Machined, Semi Machined and as cast condition with surface treatment
as per customer's need. Suspension Brackets, Differential housing, Hubs, Brake drum, Flywheels,
Adjuster Nuts, Pulleys, Dampers, etc. are some of the items that find application in the commercial
vehicle and engineering industry.
UAL has more than 65,000 sq. ft. size area manufacturing plant located at VKI Area, Jaipur,
Rajasthan, which has an existing installed capacity of 7,800 MT p.a. for the manufacture of grey
iron and ductile iron castings. It caters to the requirements of many of the major automotive and
engineering goods manufacturers in India namely Ashok Leyland Limited, V E Commercial Vehicles Limited, Escorts Limited, TAFE, JCB India Ltd. etc.
To part finance its expansion of manufacturing facilities and meeting general corpus funds
requirements, the company is coming out with a maiden IPO of 2160000 equity share of Rs. 10
each at a fixed price of Rs. 15 per share (including Rs. 5 premium per share) to mobilize Rs. 3.24
crore. The issue opens for subscription on 19.08.15 and will close on 21.08.15. Minimum application is to be made for 8000 shares and in multiples thereon, thereafter. After MoA equity on
inception till 2012, it issued shares at par and then on 03.07.15 it issued bonus shares in the ratio
of 5 shares for every 2 shares held that brought its paid up equity to Rs. 5.95 crore that will rise to
Rs. 8.11 crore post IPO. Sole lead manager of this IPO is Hem Securities Ltd and Karvy
Computershare Pvt Ltd is the registrar to the issue. Post allotment, shares will be listed on BSE
SME.
Financial Performance :- On performance front, it has posted an average EPS of Rs. 2.74 for
last three fiscals (based on pre-bonus equity of Rs. 1.70 crore). For the year ended 31.03.15 it has
earned net profit of Rs. 1.91 crore on a turnover of Rs. 57.23 crore. If we attribute these earnings
on fully diluted equity of Rs. 8.11 crore post IPO, then asking price is at a P/E of around 6 against
industry composite of 28 P/E that augurs well.
Merchant Bankers Performance :- This is the 14th IPO from the lead manager and it has
mixed trends for its past 13 offers post listing.
Recommandation : Long term investors may consider moderate investments .
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter
published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here.
As SME issues have entry barriers and low preference from broking community, any reader taking
decisions based on any information published here does so entirely at own risk. Author has no
plans to invest in this offer.
(Email: dilip_davda@rediffmail.com)
SMART
INVESTMENT
28
S. N. Zaveri
Cadila Healthcare has reported a 47 percent rise in its consolidated net profit to Rs 353 crore for the first quarter ended
June 30, mainly on account of robust sales. Consolidated total income from operations of the
company rose to Rs 2,500.65 crore during the quarter under consideration as against Rs 2,050.12
crore in the year ago period. The margins at 24.1 per cent continue to grow compared to 21.7 per
cent seen in the earlier quarter and 18.3 per cent in the year-ago one.The formulation business in
the US (40 per cent of overall revenue) grew 37 per cent to Rs 985 crore, boosting overall exports.
Formulation exports at Rs 1,249.4 crore grew 27.9 per cent as the emerging markets formulation
business also grew a strong 19.5 per cent. In the Latin American market, Brazil continues to see
good traction, reporting about 26 per cent constant currency growth, while it is ramping up in
Mexico, too.The domestic formulations business, contributing 31 per cent to overall sales, grew
9.9 per cent. During the quarter, Cadila launched 12 products.The stock has given 76 per cent
returns in the past year. The company has also announced stock split(5:1). Accumulate.
Infosys (Rs. 1163.00) (Code : 500209) : With an aim to generate $2 billion annual
revenue from its products and services by 2020, Infosys is undergoing a restructuring. The firm
will increase investments to strengthen banking software Finacle's footprint in the US, spend more
on marketing brands and focus on building new sets of products and solutions. It's increasing
investments to strengthen banking software Finacle's footprint in the US, spending more on marketing brands and building new sets of products and solutions. It aims to generate $2 billion of
annual revenue from products and new services by 2020.Infosys may also build a new banking
product under the Finacle umbrella for new-age payments banks in India, with the Reserve Bank
of India (RBI) set to soon hand out new licences for these. Infosys posted a 4.5% qoq growth (V/
s 4.0% sequential growth expected) in USD revenues to US$2,256mn (V/s US$2,246mn expected). The CC was around 4.4% during the period, mainly driven by a 5.4% volume growth.The
stock has outperformed the market in last one year. Still a compelling buy.
Motherson Sumi (Rs. 342.00) : Motherson Sumi Systems has reported a lower-thanexpected net profit of Rs 266 crore for the quarter ended June 30, 2015 (Q1). The auto parts and
equipment makers had posted a profit of Rs 164 crore in the same quarter last year. Total income
from operations in the quarter under review grew by 12% at Rs 9,385 crore against Rs 8,392 crore
in the corresponding quarter of previous year.Analysts on an average had expected profit of Rs
327 crore and revenues of Rs 9,558 crore for the quarter.The company said it is coming up with
six new plants to take care of the customer requirements. Besides, there are 14 other plants at
various stages of completion. Motherson is strengthening its base to service the requirements of
customers and in line with the 2020 targets. Promoters are holding 66 per cent share, while FIIs
are holding almost 19 per cent shares. DIIs are holding more than five per cent stake. Public is
having just 10-11 per cent shares. Buy at every decline.
SMART
INVESTMENT
29
www.Chittorgarh.com
Stock Broker
VS
Stock Broker
IPO Calendar
Free IPO Email Alerts
Visit : http://www.chittorgarh.com
SMART
INVESTMENT
30
Uttam Galva (Rs. 41.00) (Code: 513216) :- This iron and steel company has a huge
land bank in Mumbai. It is setting up a new plant in Maharashtra. There are also reports of it tying
up with Posco. Steel shares are gaining strength after excellent results of Tata Steel. A possibility
of anti-dumping duty on steel imports from China is being seen, which will benefit the company.
:- This education sector company is setting up new branches in the country. Considering the government's focus on education
sector, the stock could be in for some good times going ahead.
Escorts (Rs. 155.00) (Code: 500595) :- The stock has been an underperformer but
both trading volumes as well as price have gone up. Reports from Mumbai suggest that Big Bull
Rakesh Jhunjhunwala has increased his stake in the company to 9.7%, putting it on the market
radar.
JK Paper (Rs. 38.00) (Code: 532162) :- Paper companies have reported positive
numbers after a long time. JK Paper is seen achieving turnaround position in June quarter. The
company has allotted a large number of shares to promoters through preferential allotment, which
is likely to have positive impact on the stock.
Gujarat Ambuja (Rs. 50.00) (Code: 524226)
SMART
INVESTMENT
31
SMART
INVESTMENT
32
Senior Astrologer
Dharmesh Joshi
Mob. : 9909941816
E-mail :
stockmarket@ganeshaspeaks.com
SMART
INVESTMENT
33
News Track
Power Grid Corporation of India Ltd (PGCIL) has reported a 20.2 per cent rise in its June
quarter standalone net profit at Rs 1,366.51 crore, helped by higher income from operations. The company's net profit in the corresponding quarter last fiscal stood at Rs 1,136.51
crore, PGCIL said in a regulatory filing.
Revenue from operations during the quarter under review increased by 19.6 per cent to
Rs 4,717.55 crore as against Rs 3,941.85 crore in the same period a year ago.
SMART
INVESTMENT
34
News Track
State Bank of India posted a jump of 6 per cent in its consolidated net profit at Rs 4713.57 cr for
the first quarter ended June 30, 2015, compared to Rs 4448.15 crores in the corresponding quarter a year ago. The company's consolidated income grew to Rs 62,927.46 cr against Rs 60,620.93
cr in the reporting period. Gross bad loans in terms of percentage of total loans marginally rose to
4.29 per cent from 4.25 percent in the previous quarter, but were lower than 4.9 per cent reported
a year earlier. Bank's net NPAs were at 2.24% at the end of the quarter lower than 2.66% from last
year period. Despite improved result, share price of SBI was down on the day of result announcement.
Financial Weekl
y
eekly
Every Wednesday
Every Sunday
Gujarati Edition
SMART
INVESTMENT
35
Godrej Ind.
DLF
Voltas
Arvind
Mirc Ele.
Minda
Globus Sp.
Banko Pr.
Andrew
Haldyn
Wonderland
GSFC
Rane Madras
Britannia
I.B. Housing
Vardhman Tex.
Talwarkar
Bharti Infra
Sun Pharma
Avanti Feed
B. F. Utilities
Jubilant Food
La Opala
Force Motors
Rolta India
Jubilant Life
Steel Strips
JMC Projects
Reccom.
3-8-15
Mon.
394
124
318
303
19
84
75
140
29
39
270
76.5
324
3201
794
941
297
436
851
2537
594
1897
519
2866
125
286
377
265
Weekly
High
411
130
329
312
20
87
78
146
30
42
288
81
388
3435
820
970
306
460
884
3044
642
1945
547
2975
130
354
392
277
4.3
4.8
3.5
3
5.3
3.6
4
4.3
3.4
7.7
6.7
5.9
19.8
7.3
3.3
3.1
3
5.5
3.9
20
8.1
2.5
5.4
3.8
4
23.8
4
4.5
Company
Reccom.
3-8-15
Mon.
UPL
544
Thomas Cook
220
Suven Life
268
RSWM
383
HPCL
970
EMAMI
1312
CESC
587
Cummins India
1184
Hero Moto
2660
Associated Alcohols 160
GHCL
117
Escorts
162
Atlas Cycles
225
Renaissance Jew.
83
GIC Housing
219
Pennar Ind.
69
HOEC
44
Kango Tea
168
Ramco Ind.
108
HFCL
16
BSL
52
Usher Agro
43
J. K. Paper
41
Bafna Pharma
28
Noida Toll
25
Bhandari Hosier
58
Alpine Housing
31
Sanwaria Agro
7.87
Weekly
High
576
232
274
392
991
1344
609
1246
2728
191
141
169
230
91
224
71
45
172
124
18
61
45
42
31
26
65
34
8
5.9
5.5
2.2
2.3
2.2
2.4
3.7
5.2
2.6
19.4
20.5
4.3
2.2
9.6
2.3
2.9
2.3
2.4
14.8
12.5
17.3
4.7
2.4
10.7
4
12.1
9.7
1.7
2 Year
3 Year
1.
Gujarati
1200
2100
2900
2.
English
750
1300
2000
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2 Year
3 Year
1.
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1100
1800
2400
2.
English
700
1200
1700
1.
Smart Plus
1 Year
2 Year
3 Year
1000
1700
2400
2 Year
3 Year
1.
Gujarati
1900
3200
4400
2.
English
1500
2500
3500
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Stock
Reco.
Rate
VIPPY SPINPRO
20
CONART ENG
22
MANALI PETRO
16.5
SUZLON
25
GOLDIAM INT
28
PONDY OXIDE
75
INDUS BANK
810
KEI IND
63
VRL LOGI
305
KALPATARU POWER 241
SUPRAJIT ENG
128
IBULLS HOUSING
620
MRPL
76.5
FSL
33.25
JAIN IRRIGATION
75
BAJAJ FINANCE
5150
JINDAL SAW
78
HFCL
15
SUBEX
16.5
Target Achieved
Rate
25-31
28.95
30-32
32.25
21-30
37.2
32-45
28
38
43
82
134
880
988.5
90
118
335-350
407
270
292
150
149
675-900
820
85-105
83
40-55
36.6
95-125
79
5600
5720
95-125
85.5
20-35
16.95
18.5-22
18.35
Stop
Loss
45%
47%
125%
12%
54%
79%
22%
87%
33%
21%
16%
32%
8%
10%
5%
11%
10%
13%
11%