Monday, November 07, 2016

US Elections keep the Bulls and Bears Evenly Poised

Indias benchmark Index Nifty, opened gap up by 70 odd points this morning, after news hit the market that Democratic
Presidential Candidate Hilary Clinton has been given the clean chit by FBI. Indian markets however remained confined
within a narrow trading range between 8560 and 8507. Bank Nifty too opened at 19400 before making a high of 19435 and
later went on to close at 19375. Speculative bets remained high on the outcome of the US elections even as the volatility
Index closed at 16.50. Lupin, Auro Pharma, Hindalco and SBIN were the top gainers of the day.

Top Nifty Gainers

Symbol

LUPIN
AUROPHARMA
HINDALCO
SBIN
BANKBARODA
ITC
ICICIBANK
BHEL
TECHM
HEROMOTOCO

LTP

Traded

Value

Change

Qty

(in Lakhs)

Open

High

Low

Prev.
Close

1,519.95

6.97

42,19,385

63,952.80

1,523.00

1,535.00

1,488.90

1,420.90

767.1

5.36

30,10,835

23,039.21

756

776.5

750.7

728.1

167.1

5.19

1,39,20,841

23,034.82

162.75

168.75

161.4

158.85

252.15

3.83

1,12,20,966

28,093.93

248

253.9

245.5

242.85

147.95

3.79

52,37,460

7,726.30

147

149.2

144.45

142.55

257.4

3.35

2,42,64,537

62,146.33

253.8

259.65

247

249.05

278.25

3.13

1,70,27,989

47,203.29

275.8

281.2

272.5

269.8

138.9

3.12

65,40,123

9,079.00

136.3

140.45

136.2

134.7

442.5

2.9

70,35,872

31,071.11

435

449.45

430.55

430.05

3,370.00

2.5

3,59,815

12,038.15

3,310.00

3,382.55

3,265.00

3,287.90

Top Nifty Losers

%
Symbol

LTP
Change

TCS
TATAMTRDVR
INFRATEL
LT
HINDUNILVR
TATAMOTORS
ONGC
BOSCHLTD
HDFC
BHARTIARTL

Traded
Qty

Traded
Value
(in
Lakhs)

Open

Prev.
High

Low
Close

2,266.00

-2.77

10,22,861

23,489.39

2,337.90

2,344.90

2,260.05

2,330.55

326.75

-2.65

13,05,542

4,361.16

337.4

341.45

326.5

335.65

356.1

-2.18

20,76,855

7,403.16

369.9

369.9

353.1

364.05

1,401.00

-1.32

14,37,870

20,246.07

1,425.00

1,431.70

1,392.35

1,419.80

837

-1.3

8,01,562

6,729.99

850

851.75

834.55

848

505.8

-1.27

55,04,588

28,201.66

513

521.3

505.05

512.3

267.05

-0.91

29,42,168

7,934.44

273

274

266.35

269.5

21,350.00

-0.75

19,168

4,158.45

21,670.00

22,221.00

21,300.00

21,511.00

1,375.85

-0.74

20,13,830

27,847.44

1,401.35

1,401.95

1,373.35

1,386.15

304.9

-0.59

16,64,771

5,098.86

311.9

311.9

303.7

306.7

Dynamic Sector Performance

Paper sector gained the most today followed by Entertainment-Hotels and Leisure, FMCG- Sugar, MediaEntertainment, FMCG- Packaging consecutively.

A quick View of the Sectors

SECTOR
PAPER
ENTERTAINMENT-HOTELS AND LEISURE
FMCG- SUGAR
MEDIA- ENTERTAINMENT
FMCG- PACKAGING
BANKS-PSU
FMCG- FOOD
PHARMA
AUTO- AUTOMOBILES AND AUTO PARTS
CEMENT
FOOTWEAR
TEXTILES AND APPAREL
REALTY- HOUSEHOLD
DIVERSIFIED
INFRA- CONSTRUCTION ENGINEERING AND MATERIALS
FMCG- BREVERAGES
ENERGY-OIL & GAS
BANKS-PRIVATE
IT
FINANCIAL SERVICES
JEWELLERY
CHEMICALS
DEFENCE
FINANCIAL SERVICES- NBFC
AUTO- TYRES AND TUBES
AUTO-AUTO ANCL AND COMPONENTS
MEDIA
REALTY
TRANSPORTATION LOGISTICS
METALS AND MINING
INFRA- MACHINERY EQUIPMENT
FMCG
INFRA- TELECOM
AIRLINES
INFRA- POWER
FERTILISERS

% CHANGE
TODAY
3.28%
2.34%
2.23%
2.17%
2.07%
1.91%
1.85%
1.75%
1.59%
1.57%
1.52%
1.42%
1.41%
1.36%
1.34%
1.32%
1.31%
1.30%
1.29%
1.25%
1.23%
1.14%
1.14%
1.14%
0.99%
0.98%
0.93%
0.93%
0.78%
0.76%
0.58%
0.42%
0.40%
0.22%
-0.18%
-0.91%

NSE High Volumes Stock Performer List

TOP GAINER
SYMBOL
HERITGFOOD

LTP

%CHANGE SECTOR

TOP LOSER
SYMBOL

LTP

%CHANGE SECTOR

1521.95

-7.65

REALTY- HOUSEHOLD

876.00

8.85

FMCG- FOOD

NILKAMAL

98.55

7.47

INFRA- TELECOM

GNFC

200.85

-5.99

1670.00

7.20

TUBEINVEST

613.20

-2.83

INDIANHUME

817.60

7.03

INFRA- MACHINERY EQUIPMENT

INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS

FERTILISERS
AUTO-AUTO ANCL AND
COMPONENTS

OUDHSUG

100.00

-2.63

FMCG- SUGAR

KIRIINDUS

344.95

6.99

CHEMICALS

SHARDACROP

396.00

-2.49

CHEMICALS

CHENNPETRO

267.75

5.83

ENERGY-OIL & GAS

WHIRLPOOL

1097.10

-2.47

REALTY- HOUSEHOLD

RAMCOIND

241.50

5.48

REALTY- HOUSEHOLD

MOIL

327.90

-1.99

METALS AND MINING

DEEPIND

254.05

5.37

ENERGY-OIL & GAS

BAJAJFINSV

3147.20

-1.55

BINANIIND

94.85

5.21

CEMENT

FIEMIND

1273.45

-1.27

FINANCIAL SERVICES- NBFC

AUTO-AUTO ANCL AND
COMPONENTS

JKCEMENT

902.00

5.20

CEMENT

AARTIIND

729.85

-1.25

CHEMICALS

SARDAEN

262.15

4.99

METALS AND MINING

ALPHAGEO

967.90

-1.24

ENERGY-OIL & GAS

BHAGERIA

390.25

4.99

CHEMICALS

FINCABLES

431.00

-0.81

INFRA- TELECOM

PRAKASH

58.45

4.38

METALS AND MINING

OBEROIRLTY

340.75

-0.79

REALTY

LAKSHVILAS

156.55

4.37

BANKS-PRIVATE

EDELWEISS

111.15

-0.71

FINANCIAL SERVICES

CENTENKA

322.05

4.30

TEXTILES AND APPAREL

CHOLAFIN

1112.75

-0.50

FINANCIAL SERVICES- NBFC

WSTCSTPAPR

136.35

4.20

PAPER

CANFINHOME

1729.00

-0.46

FINANCIAL SERVICES- NBFC

NEULANDLAB

1029.00

3.96

PHARMA

TATASPONGE

557.90

-0.38

METALS AND MINING

JUBILANT

647.00

3.89

PHARMA

HEIDELBERG

137.55

-0.14

CEMENT

IGPL

280.65

3.87

IDFCBANK

72.70

-0.14

BANKS-PRIVATE

ITDCEM

145.50

3.85

CHEMICALS
INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS

GHCL

254.80

-0.09

CHEMICALS

UFLEX

292.95

3.70

FMCG- PACKAGING

DCBBANK

128.60

-0.08

BANKS-PRIVATE

MOTILALOFS

530.70

3.68

FINANCIAL SERVICES

BPL

75.55

0.00

REALTY- HOUSEHOLD

TFCILTD

62.75

3.63

FINANCIAL SERVICES- NBFC

RAIN

50.00

0.00

CEMENT

VLSFINANCE

68.80

3.46

FINANCIAL SERVICES

BIRLACORPN

769.55

0.19

CEMENT

VGUARD

203.60

3.46

REALTY- HOUSEHOLD

TVSSRICHAK

3734.00

0.21

AUTO- TYRES AND TUBES

RBL

999.00

3.35

AUTO- AUTOMOBILES AND AUTO PARTS

DEEPAKNTR

104.80

0.24

CHEMICALS

VENKEYS

509.50

3.34

FMCG- FOOD

IIFL

304.55

0.25

FINANCIAL SERVICES

KSL

311.90

3.26

METALS AND MINING

BAJAJELEC

250.05

0.34

REALTY- HOUSEHOLD

81.15

3.24

FINANCIAL SERVICES

CHEMFALKAL

306.15

0.38

CHEMICALS

STRTECH
HONDAPOWER

JMFINANCIL

Hot Picks of the Day

Tata Investors meet- Tata investor meeting that was originally slated for November 18 has been put off
to the next quarter. It has been learnt that Tata Sons interim chairman Ratan Tata was eager to have the
meeting as scheduled, despite the fallout from the shocking ouster of Cyrus Mistry.
The eve of the Presidential elections- Tomorrow is D-day, when people in the United States will vote
for the 45th President of their country. History will be created soon after one of the most controversial US
Presidential elections. While Hillary Clinton could be the first woman US President, Donald Trump could
be the first President without any preceding political or military experience. Having delayed in the race
for a significant period, Trump has been cutting into Clintons precedence after the reopening of
investigations by the FBI into Clintons emails.

Vakrangee Trades at New Lifetime High over Robust Q2

s Dipped 20%, Exchange Sought Clarification

Financial technology solutions provider Vakrangee Ltd today posted its Q2 result
for the ongoing financial year. The company reported a 31.35 per cent increase
in the consolidated net profit at Rs 126.35 crore for the second quarter ended
September 30. The company had posted a profit of Rs 96.19 crore in the
corresponding quarter last year.

Upon posting the good result for Q2FY17, Vakrangee share price traded at the
new lifetime high of Rs. 260. Total income from operations stood at Rs 959.07
crore in the second quarter of the current financial year as against Rs 787.61 crore in the corresponding
quarter last financial year, registering a growth of 21.76 per cent.
Vakrangee is a technology driven company engrossed in building India's largest network of last-mile
retail touch points to dispense real-time banking, insurance, e-governance, e-commerce and ATM services
to the unserved rural, semi-urban and urban markets. As on 31st March 2016, Vakrangee has the Market
Capitalization 104,860 Million.
At 1:59 PM, Vakrangee share price was trading at Rs. 257.20 with the rise of 3.27 per cent.
The Companys financial performance has enhanced significantly over the last few years. During
FY2015-16, its Total Income increased at a healthy pace of 14.75 per cent Year on Year, driven by
traction across Vakrangee Kendras, solid execution of the ongoing e-Governance projects and new
businesses it entered into. EBITDA observed a healthy growth of 13.51 per cent Year on Year in tandem
with the top line, with an EBITDA margin of 25.94 per cent, while PAT increased 22.65 per cent Year on
Year with a PAT margin of 12.37 per cent. Earnings per Share (EPS) recorded a Year on Year growth of
18.80 per cent. Over the last three years, the Companys Revenues, EBITDA and PAT increased at a
CAGR of 27.22%, 28.87%, and 55.83%, respectively.

Seshasayee Paper Trades at a New Lifetime High over Q2

Seshasayee Paper & Boards reported an over four-fold rise in net profit at Rs 30.70 crore for the quarter ended
September 30, 2016 (Q2FY17), due to lower raw material and finance cost. The
company had reported a profit of Rs 7.19 crore in the same quarter last fiscal.
Net sales of the company increased 15.8% to Rs 278 crore in Q2FY17 as compared to Rs
240 crore in Q2FY16. The raw material cost fell by 5.4% to Rs 141 crore from Rs 149
crore in the corresponding quarter of the previous financial year. Finance cost decreased
by 41% to Rs 4.95 crore from Rs 8.33 crore.
Seshasayee Paper share price has moved higher to its new lifetime high of Rs 822.30, up
17% on NSE in early morning trade.
Seshasayee Paper posted the net profit of Rs 54.82 crore in the first half (April-September) of the current financial
year 2016-17 (FY17), exceeding the entire previous financial year (FY16) net profit of Rs 35.58 crore. It posted the
profit of Rs 12.58 crore in first half of FY16.

Srei consolidated Q2 net profit grew four-fold

Srei Infrastructure Finance Limited (Srei) disclosed a four-fold jump in consolidated net profit amounting to
Rs 61.87 crore for the Q2 period which ended on September 2016, as compared to the same period profit of Rs
11.50, on account of higher income from operations. Income from operations for this quarter on consolidated
basis was seen at Rs 1093.68 crore against Rs 834.15 crore in the corresponding period of 2015-16. Hemant
Kanoria, Srei chairman is of the view that the infrastructure equipment industry in
India is on the road to recovery. The industry is anticipated to rise at 25-30 per cent
during the ongoing financial year and reach US USD 10 billion mark by the year
2020.
Their initiatives remain towards unlocking value of our strategic investment
portfolio, he further added. On the standalone basis also Srei net profit jumped three
fold for the quarter ended September 2016 to Rs 23 crore versus Rs 8.15 crore profit
in the corresponding quarter last year.
On 4th Nov Shares of Srei Infra settled at Rs 78.30 on NSE, down 3 per cent from previous close. The stock
was trading at Rs.78.25, touched the days high and low at Rs. 81.50 and Rs.75.20. Around 15,61,140 shares
were traded in the counter with a traded value of Rs. 1,213.47 lacs, as per NSE.
Srei Infra share price touched its 52 week high value on 3rd Nov 16 at Rs. 87 whereas the 52 week low value
is seen at Rs. 39.10 (09-NOV-15).

Conclusion: Let us wait and watch how the market reacts to the most awaited event of the year.

Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal
views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment
while making investment decision.

Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment
Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX &
NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with
whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their
observations have issued advise letters or levied minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject company.
Do not have any other material conflict of interest at the time of publication of the research report
Have not received any compensation from the subject company in the past twelve months
Have not managed or co-managed public offering of securities for the subject company.
Have not received any compensation for brokerage services or any products / services or any compensation or other
benefits from the subject company, nor engaged in market making activity for the subject company
Have not served as an officer, director or employee of the subject company

Report Prepared By:

Mayank Jain - NISM-201500086427
Vikash Kandoi - NISM-201500086430