Wednesday, December 14, 2016

Bulls and Bears Lock Horns on the Eve of FOMC Meet

The Indian Benchmark Nifty opened at 8229, marginally above yesterdays closing of 8224. The Index traded in a
range of 25 points between 8225 and 8200 for the major part of the day. Nifty however broke below the 8200 mark
and made a low of 8172. The Benchmark Index thereafter recovered by 30 points before closing at 8204. Bank Nifty
too remained choppy throughout the days trade, the Banking Index traded in a range of 120 points and closed at 18415.
The bears might grip the Indian Markets tomorrow should the Federal Reserve decide to roll out an aggressive rate
hike cycle tonight. Top Losers today were Coal India, Bosch Ltd, Auro Pharma, Eicher Motors and ACC.

Top Nifty Gainers

Symbol

AXISBANK
HCLTECH
RELIANCE
TATAPOWER
INFY
ASIANPAINT
M&M
WIPRO
TATAMTRDVR
TCS

LTP

Traded

Value

Change

Qty

(in Lakhs)

Open

High

Low

Prev.
Close

466.55

1,27,71,797

59,319.89

454.65

469.8

454

452.95

822

2.63

18,60,168

15,154.04

806.1

824.3

796.25

800.95

1,056.35

1.59

55,16,430

58,294.87

1,039.80

1,064.45

1,038.20

1,039.80

78.7

1.42

88,26,311

6,930.42

77.9

78.9

77.35

77.6

999

0.89

26,90,347

26,819.53

991

1,004.95

984.1

990.2

914.35

0.84

9,44,161

8,659.75

908

923.2

908

906.75

1,173.85

0.55

5,52,275

6,475.48

1,174.80

1,184.00

1,159.05

1,167.40

466.15

0.52

10,30,005

4,808.48

464.15

468.35

463.25

463.75

304.85

0.46

26,14,764

7,931.10

301.95

305.95

297.55

303.45

2,208.80

0.39

9,35,162

20,641.08

2,214.00

2,224.70

2,189.00

2,200.30

High

Low

Top Nifty Losers

Symbol

COALINDIA
BOSCHLTD
AUROPHARMA
EICHERMOT
ACC
ONGC
TECHM
BHARTIARTL
CIPLA
POWERGRID

LTP

Traded

Traded
Value

Change

Qty

(in Lakhs)

Open

Prev.
Close

292.4

-4.43

79,11,963

23,356.91

297

298.9

291.05

305.95

20,345.00

-2.73

8,939

1,833.52

20,987.00

21,049.05

20,300.00

20,916.60

701

-2.45

30,19,847

21,221.37

718.6

722

696

718.6

21,790.00

-2.44

43,617

9,585.98

22,584.05

22,584.05

21,711.15

22,334.05

1,310.10

-2.21

2,44,056

3,222.81

1,340.05

1,343.00

1,310.10

1,339.75

305.15

-2.2

95,32,034

29,355.81

310.15

311.45

304.1

312

475.3

-1.91

17,01,737

8,160.85

484

487

473.35

484.55

323.75

-1.89

13,33,777

4,340.24

328.1

329.75

321.5

330

568

-1.87

5,85,553

3,340.11

579

579.65

564.25

578.85

181.9

-1.81

41,12,660

7,556.60

185

185.4

181.45

185.25

Dynamic Sector Performance 14th December 2016

Some Indices turned positive while most of them stayed in the red zone. Fertilizers gained the most, followed by
FMCG-Beverages, Jewellery and Entertainment-Hotels and Leisure. While, Defense, FMCG-Packaging, Metals and
Mining and Diversified lost the most in the days trade.

A quick View of the Sectors

SECTOR

% CHANGE TODAY

FERTILISERS

0.90%

FMCG- BREVERAGES

0.51%

JEWELLERY

-0.24%

ENTERTAINMENT-HOTELS AND LEISURE

-0.29%

REALTY- HOUSEHOLD

-0.34%

IT

-0.35%

PAPER

-0.40%

INFRA- TELECOM

-0.41%

MEDIA

-0.45%

AIRLINES

-0.45%

FMCG- SUGAR

-0.47%

REALTY

-0.58%

BANKS-PRIVATE

-0.69%

PHARMA

-0.71%

INFRA- MACHINERY EQUIPMENT

-0.86%

CEMENT

-0.95%

CHEMICALS

-1.04%

INFRA- POWER

-1.08%

MEDIA- ENTERTAINMENT

-1.08%

AUTO- AUTOMOBILES AND AUTO PARTS

-1.09%

BANKS-PSU

-1.12%

TRANSPORTATION LOGISTICS

-1.12%

FMCG- FOOD

-1.14%

ENERGY-OIL & GAS

-1.14%

FOOTWEAR

-1.24%

INFRA- CONSTRUCTION ENGINEERING AND MATERIALS

-1.24%

AUTO-AUTO ANCL AND COMPONENTS

-1.28%

FMCG

-1.30%

FINANCIAL SERVICES- NBFC

-1.34%

AUTO- TYRES AND TUBES

-1.35%

FINANCIAL SERVICES

-1.39%

TEXTILES AND APPAREL

-1.40%

DIVERSIFIED

-1.46%

METALS AND MINING

-1.69%

FMCG- PACKAGING

-1.90%

DEFENCE

-3.24%

NSE High Volumes Stock Performer List

TOP GAINER
SYMBOL

LTP

%CHANGE

TOP LOSER

SECTOR

SYMBOL

AARTIIND

724.30

5.95

CHEMICALS

ITI

DEEPAKFERT

208.65

5.62

FERTILISERS

SHK

GEOMETRIC

250.55

4.37

IT

DHAMPURSUG

118.90

2.94

54.45

1.97

LTI

664.00

CAPF

546.95

BAJAJELEC

LTP

%CHANGE

SECTOR

45.95

-7.27

INFRA-TELECOM

290.00

-6.19

FMCG

TIMETECHNO

99.05

-5.94

FMCG-PACKAGING

FMCG-SUGAR

MUTHOOTFIN

274.60

-5.21

JEWELLERY

METALS AND MINING

HINDOILEXP

67.00

-5.03

ENERGY-OIL & GAS

1.96

IT

JBMA

232.05

-3.57

AUTO-AUTO ANCL AND COMPONENTS

1.93

FINANCIAL SERVICES

JUBILANT

640.70

-3.42

PHARMA

222.55

1.90

REALTY-HOUSEHOLD

GHCL

250.00

-3.33

DIVERSIFIED-CHEMICALS AND TEXTILES

BIRLACORPN

626.05

1.70

CEMENTS

IGARASHI

700.30

-3.32

AUTO-AUTO ANCL AND COMPONENTS

FINCABLES

427.15

1.70

INFRA-TELECOM

CHOLAFIN

812.00

-3.14

FINANCIAL SERVICES-NBFC

LLOYDELENG

271.10

1.52

REALTY-HOUSEHOLD

PHILIPCARB

226.80

-3.04

CHEMICALS

SHILPAMED

682.45

1.22

PHARMA

NBVENTURES

116.50

-3.03

INFRA-POWER

DALMIASUG

120.70

0.92

FMCG-SUGAR

HEIDELBERG

119.30

-2.89

CEMENTS

CROMPTON

143.45

0.84

REALTY-HOUSEHOLD

BAJAJFINSV

2792.10

-2.88

FINANCIAL SERVICES-NBFC

NAVINFLUOR

2360.00

0.79

CARBORUNIV

250.00

-2.86

AUTO-AUTOMOBILES AND AUTO PARTS

KNRCON

171.50

0.73

CHEMICALS
INFRA-CONSTRUCTION ENGINEERING
AND MATERIALS

1022.00

-2.81

AUTO-AUTO ANCL AND COMPONENTS

GUJALKALI

345.95

0.71

CHEMICALS

DELTACORP

109.55

-2.79

ENTERTAINMENT-HOTELS AND LEISURE

BALRAMCHIN

120.30

0.67

FMCG-SUGAR

HIMATSEIDE

293.50

-2.78

TEXTILES AND APPAREL

CHENNPETRO

278.55

0.65

ENERGY-OIL & GAS

CUB

130.35

-2.65

GANECOS

176.30

0.54

TEXTILES AND APPAREL

INDIANHUME

396.25

-2.61

BANKS-PRIVATE
INFRA-CONSTRUCTION ENGINEERING AND
MATERIALS

DCMSHRIRAM

214.00

0.45

DIVERSIFIED-SUGAR AND GAS

VISAKAIND

186.30

-2.61

CEMENTS

COROMANDEL

280.00

0.43

FERTILISERS

BODALCHEM

124.05

-2.59

CHEMICALS

88.75

0.40

FERTILISERS

RAMCOIND

196.40

-2.53

REALTY-HOUSEHOLD

SASKEN

405.00

0.35

TATAMETALI

352.20

-2.40

METALS AND MINING

FMGOETZE

500.40

0.35

IT
AUTO-AUTOMOBILES AND AUTO
PARTS

SYNGENE

584.00

-2.38

PHARMA

WSTCSTPAPR

142.40

0.35

PAPER

SUPPETRO

196.70

-2.38

CHEMICALS

RAIN

GSFC

KPRMILL
ATUL
OBEROIRLTY

FIEMIND

609.50

0.25

TEXTILES AND APPAREL

SONASTEER

61.40

-2.38

AUTO-AUTO ANCL AND COMPONENTS

2111.05

0.23

CHEMICALS

BALKRISIND

1165.20

-2.35

AUTO-TYRES AND TUBES

304.20

0.20

REALTY

JMFINANCIL

67.50

-2.32

FINANCIAL SERVICES

HCC Share Price hits 52 Week High

HCC share price hit 52 week high on the National Stock Exchange (NSE) today.
Hindustan Construction Company (HCC) shall next month seek shareholders'
nod for conversion of loan into equity shares or optionally convertible debentures
pursuant to execution of the RBI's scheme for the sustainable structuring of
stressed assets.
The company shall also seek shareholder's nod for increasing the firm's
authorized capital, HCC said in a filing to the BSE. The Extraordinary General
Meeting
of the
members13%
of HCC
or Hindustan
re
Price
Surges
over
Q2 Construction Company shall be
held on 5th January, 2017 and approval would be sought for conversion of Loan
by Lenders into Equity Shares or OCDs -Optionally Convertible Debentures of
the company ('Securities') pursuant to implementation of the RBI - Reserve Bank
of India S4A Scheme for the company.
Infrastructure major Hindustan Construction Company (HCC) had earlier in the month of December approved the
issuance of equity shares as well as OCDs - optionally convertible debentures worth about Rs 2,000 cr to the lenders,
under the scheme for the sustainable structuring of stressed assets. HCC is the first company to get its debt restructured
under the Sustainable Structuring of Stressed Assets (S4A) scheme.

Mastek Share Price Zooms Over 16 Per Cent Intraday

Mastek share price zoomed over 16 per cent intraday after the information
technology (IT) solution provider in an exchange filing informed that the board
of directors of the firm at their meeting held on Tuesday, 13th December, 2016
had approved the acquisition of Trans American Information Systems by the
firm.
On completion of all the closing formalities, Trans American Information
Systems shall become a 100 per cent ancillary of the firm. The firm being
acquired
hasSurges
close to 121
employees
re
Price
13%
over and
Q2earned revenues of Rs 20.5 cr (year
ended March 2016). This acquisition shall significantly support Mastek in its
Digital drive and shall help in achieving and sustaining development of both long
term internal and core competencies.
The target firms provide end-to-end ecommerce services encompassing strategy,
creative design, and implementation and managed services.
Deal would be done at a price of Rs 12.5 cr. Closing of the acquisition is estimated to complete in close to 2-3 months
from the date of implementation of the share purchase agreement.
At 1:22 pm, Mastek share price shot up 15.29 per cent. The stock hit an intra-day high of Rs 178.80 on the NSE. Over
36 lac shares traded on the NSE counter as compared to 169990 which is the average volume of 20 days. The scrip
opened at Rs 151.50.
Out of the Top 500 Shares, Mastek is one of the top 500 Shares, recognized by the Dynamic Levels Researchers and
Stock analysts. According to Dynamic Levels Researchers, the stock can be a good investment opportunity and can give
you good returns. Mastek is a well analyzed stock, based on technical and fundamental research.

Taj GVK Share Price Surges Over 16% in Trade Today

TAJ GVK Hotels & Resorts Limited (TAJGVK) is a joint venture, created through
a Strategic Alliance, between the Indian Hotels Company Limited (IHCL) and the
Hyderabad based GVK Group in the year 1999/2000. GVK Group is a Hyderabad
based multi product and multi-location business multinational with several
integrated companies in India and abroad. IHCL is a TATA venture with a chain of
hotels owning the Taj Group of Hotels and manages and operates a range of hotels
across the country and abroad. The Company owns & runs three five star hotels in
Hyderabad and one five star hotel each in the cities of Chennai and Chandigarh.

re Price Surges 13% over Q2

Today Taj GVK share price surged over 16 per cent to trade at the intraday high of
Rs. 119.90 on the NSE. The push in the price of the stock has mainly been due to
its strong fundamental and good Q2 performance.
For the quarter ended 30th September, 2016, the company had posted a profit of Rs 3.40 crores and income of Rs
65.52 crores against a loss of Rs 0.92 crores and income of Rs 60.18 crores in the September quarter of last financial
year. Taj GVK Hotels & Resorts Ltd is in the Hotels sector, having a market cap of Rs. 644.88 crores as on
14th December 2016.
At 1:06 PM, Taj GVK share price was trading at Rs. 112.35 up by 9.24 per cent while Nifty traded in red. So far, over
two lakh shares had changed hands on the NSE trading counter as compared to its twenty day average of 23 thousand
shares. The stock had opened at Rs. 104.95, higher than its previous close of Rs. 102.85. Each shares of face value Rs.
2 has the book value of Rs. 55.32.

GMDC Share Price dips on the Back of Mixed Q2 Bag

At 5.09 PM yesterday, 13th December 2016, GMDC announced the results for the
quarter ended 30th September 2016. The numbers came in as a mixed bag in
comparison with analysts estimates.
The company posted standalone Total Income from Operations for the quarter
ended 30th September 2016 of Rs 241.53 crores, while the Consolidated Total
Income from Operations is Rs 400.48 crores.
The
companySurges
filed a Standalone
PAT (Profit
re Price
13% over
Q2 after Tax) of Rs 72.86 crores for
Q2FY17 against Rs 114.80 crores for the quarter ended 30th June 2016, marking
a fall of approximately Rs 42 crores.
However, the Consolidated PAT for the quarter ended 30th September 2016 has been reported at Rs 234.95 crores
against that of Rs 191.83 crores for Q1FY17, showing a rise of Rs 43 crores approximately.
L Kulsheshtra, (the CFO of GMD) spoke about the results as well as his outlook for the company. He said that topline
is lower by 2 per cent due to competition from cheaper imported coal. Kulsheshtra further added that operating profit is
lower owing to weaker performance from lignite business. However, power business has reported steady performance.
The Company's current cash balance is at Rs 1,200 crores; will use the same to invest in wind power, he said.
On the back of the results, GMDC share price saw a dip of almost 3 per cent intraday in todays trading session. At the
moment, the share price is trading at Rs 97.90, down by 2.93 per cent or 2.95 points. 4,12,561 shares of the company
have exchanged hands on the counter of NSE as of 11.28 AM for a total traded value of Rs 404.80 lacs.

Hot Picks of the Day

Mandhana Industries Surges Over 14% on Sales Recovery
As the trading session commenced on 14th Dec, Mandhana Industries surged over 14 per cent.
The stock is trading at Rs. 35.25.
Mandhana Industries sells apparels under the Being Human brand. The company expects 2025 per cent revenue growth in spite slowdown in November owing to demonetization.
When asked, the Managing Director of the company, Manish Mandhana, informed that sales
had slipped in November, but it has recovered this month. The second half of the year is
anticipated to do better with festivals and wedding season. Visit page

Omkar Specialty Share Price Rises on Patent Grant

Omkar Specialty Chemicals, one of the leading manufacturers in the field Specialty Chemicals
and Veterinary APIs has been granted a patent related to the Process for the Preparation of
Higher Derivatives of B-KETOESTER" by the Government of India. With this, the company
has been granted a total number of 4 patents till date. Read more

Stocks That Yielded Good Returns despite Declined PAT

Overall, the last quarter was a mixed bag for India Inc. with some companies meeting market
expectations while others posted earnings below or above what markets expected. Despite
huge drops in bottom lines for the second quarter ended September 30 2016, few stocks from
different sectors of the NSE basket have given double-digit returns during the ongoing
quarter.
Here is a look at the Top 10 companies whose shares rallied despite a decline in net profit
during the quarter ended September 30, 2016. Read more..

Swan Energy Share Price Corrects 14% after Making Record High
Swan Energy share price dipped more than 14 per cent today after recording a new life time
high of Rs 201.20 yesterday (13th December 2016). The same record was further broken in
todays trading session. Today the share price went as high as Rs 213.85 apiece on NSE. From
this new high the share price dropped 14.51 per cent today (as of 1.53 PM) to trade at Rs
172.00. The intraday low so far is Rs 171.10. Visit page

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