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GAMC No. :1703/2015-17. Issued by SSP Ahd. Valid up to 31-12-2017
Page
16
Vol : 8 • No.: 38-39
Price
RNI No : GUJENG / 2008 / 24320
8 Nov. to 21 Nov. 2015
th
st
Rs.
20/-
Sensex likely to touch 35,000 by next Diwali !
Happy
New
Year
We convey the best wishes of the
We convey the best wishes of the
Happy New year greetings to the
columnists, analysts, readers, Agents
and news paper venders as well as
subscribers of the smart investment
weekly.
Now Next Issue on
22nd Nov. 2015
This week we have published combined
Issue no 38 & 39 which comprising of
Dipawali special issue
Hence our Next issue No 40
Will be published
on 22-11-2015
Every Wednesday
Gujarati
Financial Weekly
DIPAWALI ISSUE
DIPAWALI ISSUE
DIPAWALI
2
ISSUE-2015
INVESTMENT
Stock Market : In Views of Expert….., Analyst…., Chartist…,Astrologer.... & Stock Brokers…
Diwali 2015
A.J. Diwan (Mumbai)
Along with world markets, our markets are
E-mail :
also has high volatility. We have a major event;
Bihar election results' before diwali. If NDA not [email protected]
getting good numbers, we may see good correction. Nifty support exit at 7990.
We are recommending following stocks which seems good in year to come.
Due to mega event buy slowly. Dow is on the top and there is every possibility
Mr. A. J. Divan is an
owner of Divan consultancy and
operates as a broker at Pune
stock exchange. News papers,
magazines and business weeklies
from Mumbai, regularly publish article written by Mr. A.J. Divan. He
himself is also publishing a weekly
news letter since 1974. Address: 33, Bhuven chambers, Dalal street, Mumbai 400 023.
of fed increasing
rate in 2015.
Tata motor
DVR : Accumulate
slowly on decline.
Last month sales
figures are just
best. We feel that
in one year this
share may give
appreciation of
Rs. 50/-
ICICI Bank :- In private bank this is good bank for investment around Rs.
265. The last quarter performance is excellent about 30% jump in profit.
Suzlon :- we feel that long term investor should keep eye on it on decline
up to Rs.18 Investor with low net worth may keep s/l of rs.15.this share has
gone as low as rs.10 earlier.
Lupin :- future of this company seems very promising. This good buy on
decline for the target price of Rs. 2000.
We wish you all very profitable New Year.
Kumbhakarna Stocks
Amit Baburao Ahire
Investment advisor
OSAR CAPITAL
The best way to be profitable in stock
market is to buy quality companies at
bargain price and sleep. This is the
proven mantra with so many live examples available in the market. One such
Kumbhakarna stock is "Asian Paints" which has created massive wealth for
investors in the last fifteen years. Most of the investors missed this rally by
selling in midway with little returns in hand. If you had bought this stock in 2001
and sold it in 2006, you could have made only 4x returns.
But if you had bought in 2001 and hold it till now you could have made
more than 50x returns in fifteen years.In another way, 1lakh invested in
this stock in 2001 is worth more than 50 lakhs now, this without considering dividend, bonus and splits. That being said, every stock cannot be a
Kumbhakarna stock in long term and picking right stock at right price is
very important. In the present market, we have identified three such
Kumbhakarna stocks which have potential to generate multifold returns
that you can buy and sleep.
BUY.... BUY....BUY
Co. Name
Code
Magma Fin.
Surya Roshni
Marksans Ph.
KEC Inter
Ashok Leyland
Greaves Cott.
Torrent Power
Jain Irri.
Power Grid
Hexaware
Arvind
Dalmia Bharat
524000
500336
524404
532714
500477
501455
532779
570004
532898
532129
500101
533309
Price
89.00
126.00
94.00
137.00
87.00
136.00
182.00
41.00
131.00
258.00
283.00
712.00
TIPS OF THE WEEK
Co. Name
Code
Kothari Pro.
Coal India
SBI
Gulf Oil
Motherson Su.
Reliance
Syngene
ICICI Bank
HCL Techno
Hero Moto
Nestle
Sun Pharma
530299 284.00
533278 341.00
500112 243.00
506480 143.00
517334 265.00
500325 952.00
539268 353.00
532174 267.00
532281 885.00
500182 2632.00
500790 6171.00
532872 366.00
Price
HAPPY DEEPAWALI & A BEARISH NEW YEAR
For the year ahead
Sensex will face Resistance at 29094-32323-34715 and Support will be at 24833-23008-22277.
Nifty will face Resistance at 8844-9769-10462 and Support will be at 7539-7118-6575
Market Scan
Jatin Sanghavi
(Mumbai)
(M) 098205 26455
E-mail :
[email protected]
Be Prepared for More Pain :After registering a gain of almost
3000 points on the Nifty in nearly two
years, it was time the market consolidated and digest such huge gains. It
is natural for the market to spend time
in correcting the previous rally and
that is what the market is doing currently. Thus the fall from 9119 on Nifty
is a consolidation in the long term
timeframe. But in the short and intermediate timeframe charts, the trend
remains bearish. The market in the
near term is seeking lower levels with
targets of Sensex 24486 - 22552 and
Nifty 7425 - 6741; before resuming
the long term uptrend. Hence traders with a short to medium term
timeframe must use upward moves
to create short positions.
Correction Levels :- Market is
undergoing a correction in the medium to long term timeframe of the
:::: YEARLY INDEX LEVELS ::::
S3
NIFTY
6575
SENSEX 22277
S2
7118
23008
S1
7539
24833
rise from Sensex 15135 to
30024 and Nifty 4531 to 9119.
The relevant Correction levels
are placed at Sensex 2433722580-20823 and Nifty 73666825-6283.
Pattern Analysis :Long Term Timeframe :- In
the long term timeframe, both
Sensex and Nifty had completed
a Bullish Cup and Handle formation last year and the target as
R1
8844
29094
R2
9769
32323
R3
10462
34715
Yearly Buy Recommendations
Rec.
Buy
Buy
Buy
Name
All Cargo
TVS Motors
U-Flex
CMP
329
281
173
SL TGT-1 TGT-2
263 451 579
224
373 481
132
262 357
Yearly Sell Recommendations
Rec.
Sell
Sell
Sell
Name
CMP
SL TGT-1 TGT-2
Eicher
16693 19080 12630 8700
Page Ind. 13473 15075 10680 7899
Strides A. 1241 1374 1018 803
per that formation remains intact at Wishing all my readers a very
Sensex 34715 and Nifty 10462.
Happy Deepawali and a
Medium term Timeframe :- In the
Prosperous
New Year. May you
intermediate and shorter term
all
have
a
super
successful
timeframe, both the indices have
trading year ahead.
formed two Bearish Head and Shoulders pattern. The targets as per short as long as Sensex remains below the
term Head and Shoulders remains at pattern failure point of 28578 and
Sensex 24486 and Nifty 7425 and for Nifty below 8654. Thus pattern analyhigher degree Head and Shoulders sis indicates targets for the Bearish
the target is Sensex 22522 and Nifty patterns to be achieved first before
6741. These targets will be achieved reaching long term higher targets.
Nifty F&O Range
7760 to 8108 point in short term
Dear Friends,
NIFTY FO CLOSED @ 7985
AS ON 06.11.2015..!! NIFTY FO
has resistance at 8008 - 8018
Level; above which other resistance
levels are at 8033 - 8073 Level with
highly Volatile Trend, In Downside
support levels are at 7903 - 7830
Level; below 7830 Level, other support levels are at 7803 - 7760 Levels. I am positive for next week
above 8073 Level but be with the
trend. Let the market decide further
moves. As we are saying from
many days Buying is suggested in
falls only...and it's still a better strategy in the given Scenario...!!! Regarding long term positions, it is
preferable to remain cautious
now...!!
If NIFTY crosses 8073 Level,
again then the upper side target is
quite high and it may touch 8108
Level in short term...!!!
GOLDEN STOCKS FOR THE
PERIOD:
09.11.2015
TO
13.11.2015
1. HDFC Bank (1086) : It is suggested to buy @ Rs 1076 with SL
of Rs 1064 for the target of Rs 1103
- 1113; below Rs 1064 it can fall up
to RS 1047 - 1033 levels. If it
crosses Rs 1113 level than expect
nonstop rally up to Rs 1130...!!
2. Aurobindo Pharma (820) :
Operator based Game start in this
stock, Buy @ Rs 808 With SL of
Rs 793 for the target of Rs 839 -
Close
7954
26265
NIKHIL BHATT (+919979380808)
WWW.INVESTMENTPOINT.IN
Leading Stock Market Analyst : NIKHIL BHATT (+919979380808)
NIKHIL BHATT, a Professional Technical Stock Market Analyst based at Gujarat widely considered one of the
Top 5 Stock Market Experts in India. An MBA, LL.B., M.Com.
and Commerce Graduate from Saurashtra University, Rajkot
Mr. Bhatt has rich experience of 15 years in the field of Stock
Exchange, Capital Markets and different other financial products. He has superb past track record of successful and
accurate predictions of the Indian Stock Market. He has personally designed
this institute with a view to allow money to “Flow in” for their readers. Mr. Bhatt
provides you with a correct trend of the stock market and “A” grade stocks with
logical support/resistance level and well-defined stoploss to protect client’s
money. His product is targeted to benefit the intra-day traders, long term investment consultants and large scale investors.
848 level below Rs 793 it can show
further downfall up to Rs 776 …!!!
3. PTC India (64) : Buy delivery of this stock near @ Rs 60 with
SL of Rs 56 for the target of Rs 73 79 level. It is very good for medium
term position also…!!!
4. Power Grid (131) : This stock
is looking very good to buy @ Rs
126 with SL of Rs 117 for the target
of Rs 144 - 161 Levels below Rs
116 is stock shall witness free
fall…!!!
5. REL INFRA (389) : Buy @
Rs 376 levels considering minor
support of Rs 364 and stop loss of
Rs 356 for an upper target of Rs 404
- 414 levels. Below Rs 356 it can
slip up to RS 344 - 330 levels…!!!
6. KOTAK BANK (659) : Operator based buying has been there in
this stock. Buy @ Rs 644 with SL of
Rs 630 for the target of Rs 693 -
8th November to 21st November 2015
703 levels it is very good for long
term position also…!!!
7. AXIS BANK (466) : Trading
point of view BUY @ Rs 447 With
SL of Rs 433 for the target of Rs 484
- 490 level below Rs 433 It can show
further downfall up to Rs 416 …..!!!
8. Syndicate Bank (92) : Buy
delivery of this stock near @ Rs 89
with SL Rs 83 for the target of Rs
107 - 113 level. It's very good for
long term position also…!!!
9. Adani Port (284) : For medium term buying is suggested @
Rs 266 with SL Rs 260 for the target of Rs 299 - 309 level. Below Rs
260 it can show further downfall…!!!
10. LARSEN (1384) : It is suggested to SELL with SL Rs 1409 for
the target of Rs 1361 - 1344 below
@ Rs 1340 it can slip up to Rs 1319
- 1303 level. Above Rs 1409 level
will take the stock to Rs 1419 1430…!!!
INVESTMENT
DIPAWALI
ISSUE-2015
3
Stock Market : In Views of Expert….., Analyst…., Chartist…,Astrologer.... & Stock Brokers…
Kotak MF bets on
In the New Year the situation will be like Double Edge Sward
consumption, cement
Harsha Upadhyaya,
CIO (Equity)
Kotak Mutual Fund,
Harsha Upadhyaya, CIO (equity) of Kotak
Mutual Fund, expects annual corporate earnings
growth to rise to 15 per cent-plus in FY17 and
beyond. While there has been significant improvement in the macro-economic factors over the last
year or so, corporate and business fundamentals have not improved to the same extent due to
a sluggish demand scenario and inventory losses
due to sharp correction in commodity prices. We
expect next year to be much better. With interest
rates easing, we may see a gradual pickup in
consumption, which could lead to better utilisation of existing capacities
and eventually kick off capex plans. The renewed focus on building infrastructure by the government will also start yielding results in the coming
years. We are expecting annual corporate earnings growth to move up to
15 per cent-plus in FY17 and beyond. The equity market performance is
likely to be broadly in line with the expected earnings growth and could be
higher by about 15 per cent over the next year. Largecaps and midcaps
are expected to give similar returns. However, the largecap segment may
witness lesser volatility compared with the midcaps, as there has been
significant time and value correction in this segment over the last 12-15
months. Generally, gold as an asset class does well whenever there is
either a scare of inflation or of financial instability. Currently, there is deflationary pressure across the globe. The financial markets are much calmer
today compared with what they were a few years ago. Hence, we believe
returns on gold could be muted going forward. Equity returns can handsomely beat gold returns over next one year. Also, equities are more taxefficient. If you are build a portfolio of various asset classes, how much
weightage would you give to different asset classes -- equity, fixed income
asset, gold, real estate, alternative assets.
Not a bad time to start investing;
we like logistics-linked plays
Any country which goes through structural reforms has to go through the pain; it takes a couple
of years for things to unfold, says Sanjay Guglani,
CEO, Silverdale Capital. Any country which goes
through structural reforms has to go through the
pain-whether it is in terms of the Thatcherism in
1970s or even as recent as the Asian crisis in 1991
with Indonesia. It takes a couple of years for things
to unfold. So, we are not surprised. Rather we are
happy in terms of the way the pace of reforms have
Sanjay Guglani
been going up without causing too much of pain.
On a whole, it looks nice. So if you are talking about
CEO
the green shoots, we look green shoots more in
Silverdale Capital
terms of the government-led capex which we are
seeing right now. It is the first time in last nine years that the government
expenditure, the capex expenditure, is becoming higher than private sector. The consumption demand would come later and, in the interim, we
would see uptick in the automobile industry. We are already seeing some
sort of green shoots in terms of numbers. We are seeing numbers coming
in for passenger cars. In terms of LCVs, the most important indicator is the
increase in the freight volumes. In terms of playing out the market, one
has to look in terms of medium to long term plays as whenever the structural reforms take place, we will see the industries going through pain.
This is because of the fact that incumbents which used to walk in a particular fashion cannot work anymore. So even in the certain industries including most defensives ones such as FMCG, you would see a structural change
happening. We look in terms of bottoms-up strategy. We would look in
terms of the companies which would do well in the coming months and
years. So if somebody is medium to long-term investor, I am talking something about six months, it is not a bad time to start investing into India. You
could look both in terms of a macro plays, something for example linked to
the logistic sector.
It is advisable to invest in the selected scripts on downward movement
Happy New Year to You. May this
new year bring peace and prosperity
in your life.
In the last year the BSE Index
went up to 30024.74 and went down
to 24833.54, while Nifty Future went
up to 9191 and down to 7558.10. The
Bank Nifty went up to 20934 and went
down to 15793.05. It means that the
investors could earn money.
There is now wave like Modi Wave
or Sonia Wave. It is only for political
funding. Start investment in good
scripts before six months or a year
before the elections and whoever
forms the government the market will
become stable after a year or so. The
solid improvement in the market
doubles or trebles the investment.
Don't believe, check the historical
data. Whether 'Good Days' turns reality for common people, the stock
market always witness good days.
Our outspoken Prime Minister
Modiji is interested more in loud applause in the public meetings than soft
sound of sobs of the common people.
Alas, these days will also pass.
From November 2015, the lot size
has increased a lot in F&O, thanks to
SEBI and FIIs. So the grey market
players are enjoying good days, while
bolt brokers are witnessing bad days.
Who will be benefitted from increased lot size? Nifty Future's lot has
been increased from 25 to 75. Tata
Steel's lot has been increased from
(Columnist-Gujarat Samachar)
Ashok Trivedi, a column writer of renowned news paper Gujarat
Samachar is famous for his column
‘Chart Sanket’ (Indication from chart
reading). He is also an investment consultant and portfolio manager. He also provides in put to famous website
www.shareinfoline.com and Asian corporate service of Mr. Dilip
Desai. Mr. Trivedi is planning to provide guidance to the small investor on F & O Sector of investments.
1000 to 2000. Can you imagine the
margins on such a huge lots? Only the
brokers will be able to tell you that how
many from the fraternity have made
losses and how many of them have
no work at all. The lot sizes have been
increased unnecessarily and even if it
had to be increased it should have
been not more than 50000. It is an
open challenge for the Sebi to take
actions against the wrested interest
people to bring down lot size to 50000.
Such a step will increase demand on
the bolt, which is purely in white. Brokers will rejoice the move and the grey
market players will be disheartened.
However, whom to blame when protectors turn destructors?
In Samvat 2072, investors taking
wise decisions and prefer script-based
investment decisions will be able to
-: Golden quote :There is only one happiness in this life,
to love and be loved
gain. Those who will follow rumors and
planted stories on news channels or
tips from will only end up making
losses. Majority of the tips are given
when the market is open. Intraday
charts are bogus and non-reliable. Investors using intraday charts end up
losing money.
BSE Index :- It may go up to
27618 and may improve significantly
once it crosses 28578. On downward
movement, it may get important supports at 25287 and 24833.
Nifty Future :- On upward
movement, beyond 8350 it may go to
8667 and witness further improvement. On downward movement, it may
get important supports at 7705 and
7558.
Bank Nifty Future :- On upward movement, beyond 18041 it may
witness significant improvement once
it crosses 18280. On downward movement, it may get important supports at
16670 and 15793.Be watchful…Be
wise…
Gold unlikely to outperform equities in Samvat 2072
We would continue to advocate
choosing equities over gold given
the fact that the yellow metal has
been a non-performer for most part
of this decade and there are hardly
any triggers at this point for gold to
outperform stocks, Sahil Kapoor,
Chief Market Strategist, Edelweiss
Financial Services. We have seen
market participants shun gold even
in times of risk aversion in the last
two years. So it has that safe haven
appeal, but also remains questionable at present. We are advising
investors to have the right mix of
stocks, bonds and only minimal exposure to the yellow metal for the
next year.
Foreign investors have removed
sizeable amount of flows across
emerging markets this year. The Indian market has also been hit as
YTD FPI flows turned briefly nega-
tive last month. However, with liquidity conditions expected to remain
easy in the foreseeable future, flows
are expected to remain robust for
the rest of the year.
The leading trigger for the crack
in emerging market (EM) equities
was currency market. There has
been a steep depreciation of EM
currencies with Brazilian real, Russian ruble and Malaysian ringgit.
The beginning of this new quarter
saw most of these currencies register sharp gains against the US dollar. For instance the Asian dollar
index appreciated nearly 3 per cent
this month, after touching its long
term support stretching from Asian
financial crisis to 2008 crash.
We are positive on sectors like
private banks, NBFCs and auto. For
long-term investors who focus on
quality businesses and strength of
the business
model, this
could be a
point where
one begins to
buy quality
names. TexSahil Kapoor,
tile is one secChief Market
tor that is
Strategist
emerging as a
Edelweiss
good investment opportunity. In textile, we specifically like the
branded apparel space.
The auto component sector will
benefit from low raw material prices
and rollout of GST. We are advising investors to look at the following
stocks currently: HDFC bank/ICICI
Bank, Strides AcroLab, Sun
Pharma, L&T, Bajaj Finance, Natco
Pharma and Tata Motors.
***
Most Popular Webstie for the Stock Market Investors
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Happy New Year
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Smart Investment Family
Editor
Management
Ashok Trivedi
: Dilip K. Shah
: Smita Jhaveri,
Madhukar Parikh, Nikhil Shah
Circulation Manager
: Sudhakar Shah
Advertisement Manager : Suresh Thakkar
Co-ordinate
: Minal Gandhi, R. Bhatt
Manilal Patel, Bhargav Makwana
Translation
: D. Jitendra
Computer Design
: Hitesh Surti
Parceling arrangement : Bharat Parmar, Hetul Patel
Happy Diwali & Prosperous New Year
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DIPAWALI
4
Stock Market : In Views of Expert…..,
Analyst…., Chartist…, Astrologer
& Stock Brokers…
*
*
*
*
INVESTMENT
7 Best Stocks to Buy in the Vikram Samvat Year 2072
Ask these Questions by
Smart Investment
1. Will modi government speed up Economic Reforms ?
2. Fed reserve raises interest rates, will
FIIs continue to buy Indian Equities?
3. What is your opinion about the year
Samvat - 2072 which new level Sensex
& Nifty will touch ?
4. Which sector will out perform in next
one year ?
5. Please recommend five scripts for investors which you feel will do better.
ISSUE-2015
*
Reforms are in right direction !
1. Modi Govt. reforms are in right direction and will boost
economic growth rapidly provided there is cordial political
relation & law and
order situation under control.
Bharat Dalal is
connected with 2. They will not withdraw. They will stay
Stock markets since
invested.
1987. He is regularly
3.
Market will rally it
contribution
in
there is harmony
Gujarati Mid-Day & Divya Bhaskar
between
ruling
News Papers
Bharat Dalal
(Chartist-Columnist)
party & Opp. Established Nifty -6920-8040-8340-86609120, Snesex : 23745 - 24140 - 35270 - 27600
4. Infra, Power, Telecom & I.T. Sector
5. BHEL, Rel. Infra, ICICI Bank, Axis Bank, Zee Enter.
Samvat-2072 year would be
difficult for Modi Govt
1. It will be difficult for Modi Government to speed up Economic Reforms. But
if Modi Govt. has to stay for long they must
speed up Economic Reforms.
2. Growth of Indian Economy and
growth of Indian Equity is sure and certain.
Even if Fed Reserve raises interest rate,
FIIs will continue to buy Indian Equity looking to good return on Indian Equity.
3. Samvat-2072 year
Atul B. Nagroi
would be difficult for Modi
B.Com, LLB, FCA, CAIIB, DISA,
Govt. In spite of this InShah & Nagori
dian Economy and Indian
Chartered Accountants
4. Power, Infrastruc- • Shri A.B. Nagori is experienced
ture, Pharmaceutical, Agro
banking professional & renowned
Based Food Processing
Chartered Accountant.
and IT sector will outper- • He has in depth knowledge of industry trend and capital market.
form in next one year.
5. HCC, SUZLON, • He has specialized in Mid Cap
and Small Cap field through his
DABAR, PUNJ LLOYD,
research work.
CADILA HEALTH CARE.
Sensex 30000 + & Nifty 9000+
1. Yes, He has to speed up Economic
Himal Shah
reforms.
Mob. : 9375726063
2. Yes.
3. Sensex 30,000 + and Nifty 9000 +
4. Auto, Renewable Energy, Banking, Pharma, Sugar, Aviation, I.T.
5. Capital First, Sicagen India, SML Isuzu, Force Motors,
Elantas
News Track
India's first Online Home Auctions by HDFC Realty
HDFC Realty, India's leading Real Estate advisory firm in
association with www.iBidmyHome.com has launched India's first
multi-property online home auctions, a pioneering concept that
will empower home buyers to bid for their dream home from India's
top notch developers, at below market prices. The initial launch
of this initiative will see projects in Bangalore, Chennai & Kochi.
Auctions across the world are considered as one of the most
transparent methods for buyers and sellers to transact in Real
Estate and is specifically favoured by buyers, as it gives them an
opportunity to buy prime, pre-screened real estate at off-market
prices.
Nestle India :- Nestle India had to face one of the worst crisis in the year vikram samvat 2071. However, the end was much
better as its Maggi noodles samples sent from newly manufactured stocks tested by three laboratories have been cleared. So,
Maggi will be back in the very beginning of the year Vikram Samvat
2072. Nestle India announced that it has received results from all
three NABL (National Accreditation Board for Testing and Calibration Laboratories) accredited laboratories mandated by the
Bombay High Court to test newly manufactured Maggi noodles
samples. All the samples of the Maggi Noodles Masala have been
cleared with lead much below permissible limits. Nestle India is a
subsidiary of Nestle S.A. of Switzerland. Nestle is the world's
leading nutrition, health and wellness company. Nestle S.A. held
34.28% stake in Nestle India. The large-cap company has an
equity capital of Rs 96.42 crore. Face value per share is Rs 10.
Buy.
Infosys :- Infosys is one of the few stocks in the Indian stock
market history which has given unprecedented returns to its shareholders. Nobody needs introduction of this company. Infy has
been in much better place after Visha Sikka came to rescue.
Infosys will grow ahead of industry in FY17. Multiple strategic
initiatives (zero bench, zero distance) spearheaded by CEO Vishal
Sikka are at various stages of implementation and signs of early
success were reflected in first half of 2016 in strong revenue
growth, deal wins, better client mining and efficiency benefits.
The stock is trading at an attractive valuation at 17 times FY17
earnings per share. Infosys has maintained the FY16 revenue
guidance at 10% – 12% in constant currency terms. Buy this stock
at every decline.
Tata Motors :- Tata Motors is a market leader in commercial
vehicles in India. The company's British unit Jaguar Land Rover
sells premium luxury cars.Tata Motors stock has seen one of the
worst year as the stock corrected from Rs. 600 level to sub-300
level. Howver, after making 52 week low of Rs.279, the stock has
seen very sharp rally in last one month. Total sales of Tata Motors passenger and commercial vehicles rose 1% at 43,486 units
in October 2015 over October 2014.Tata Motors' domestic sale
of Tata commercial and passenger vehicles remained flat at
38,917 units in October 2015 over October 2014. Tata Motors
passenger vehicles recorded a growth of 11% to 12,798 units in
October 2015 over October 2014. In commercial vehicles, medium and heavy commercial vehicles (M&HCV) sales rose 20%
at 12,504 units in October 2015 over October 2014. The light &
small commercial vehicle sales, however, continued to reflect industry decline and fell 19% at 13,615 units in October 2015 over
October 2014. These impacted the overall commercial vehicles
sales for Tata Motors in the domestic market with sales falling
4% at 26,119 units in October 2015 over October 2014. The
company's sales from exports rose 13% at 4,569 units in October 2015 over October 2014. Worst may be over or near the corner. Accumulate.
Asian Paints :- Asian Paints reported a consolidated net profit
of Rs 399 crore for the second quarter ended September 30, on
account of increase in net sales. The company had posted a net
profit of Rs 347.30 crore for the corresponding period last fiscal.
Total income from operations on consolidated basis was Rs
3,779.36 crore during the quarter under review. It was Rs 3,632.95
crore for the July-September quarter last fiscal. The industrial
coating JV (AP-PPG) registered good growth in the industrial liquid paints and road marketing segment. In the automotive coating business JV (PPG-AP), the auto OEM and refinish segment
registered reasonable growths.Domestic paints business, which
contributes nearly 80 per cent to Asian Paints' topline, saw sluggish growth impacting operational numbers. However, the upcoming Diwali festival and lower base effect should help volume
growth to accelerate.Accumulate.
Concor :- Despite the lowered management forecast, the
stock has not reacted much as most of the slowdown woes seem
to have already been built into it. The Concor scrip is down 20
Smart Best Buy
Smita N. Zaveri
Co. Name
CMP
BSE
6-11
Code
F.V.
52 Wk.
High
Low
Nestle India
6171.00 500790 10.00 7499.00 5499.00
Infosys
1138.00 500209
5.00 1219.00
932.00
Tata Motors
396.00 500570
2.00
605.32
279.15
Asian Paints
802.00 500820
1.00
924.65
637.20
Concor
1397.00 531344 10.00 1944.00 1204.00
L&T
1377.00 500510
2.00 1892.00 1364.00
Bajaj Finance 5293.00 500034 10.00 5717.00 2845.00
per cent from its mid-July highs of Rs 1,881, after touching a low
(closing basis) of Rs 1,298.25 on September 7. While the recovery in near-term disruptions (JNPT, Pipavav Port) should help
improve volumes, the biggest trigger for the company is start of
the Dedicated Freight Corridor (DFC). Analysts at Nomura believe the commissioning of the corridor by 2018-19 will potentially lead to a 20 per cent annual revenue growth over a 10 yearperiod after operations resume. At sub-Rs.1500 level, the stock
is trading at 23-24 times its FY17 earnings estimates. Buy.
L & T :- L&T has reported overall ok results. However, the
guidance was not good. Its net profit rose 16% to Rs 996 crore
on 11% rise in gross revenue to Rs 23605 crore in Q2 September 2015 over Q2 September 2014. L&T's bottom line was boosted
by exceptional item. There was an exceptional gain of Rs 309.57
crore on divestment of part stake in a subsidiary company and
stake in an associate company. L&T is a major Indian multinational engaged in technology, engineering, construction, manufacturing and financial services, with global operations. Its products and systems are marketed in over 30 countries worldwide.
The company has said that there will be slow economic
recovery.However, Analysts say that for the capital goods sector
as a whole, next one to two year horizen will be better than last
two years. L&T will have value unlock through its subsidiary L&T Infotech, possibly next month. The large-cap company has
equity capital of Rs 186.13 crore. Face value per share is Rs 2.
Such stock must be in portfolio.
Bajaj Finance : - Strong revenue growth, healthy asset quality, and higher ‘other income’ helped Bajaj Finance's net profit in
the quarter ended September. The net profit grew 41.7 per cent
year-on-year to Rs 279 crore. Consumer lending grew 42 per
cent year-on-year to Rs 15,691 crore. It was the key driver of
revenue in the quarter. This business includes consumer durables
financing, and two- and three-wheeler financing, amongst others. The small and medium enterprises (SME) segment grew 46.9
per cent to Rs 17,820 crore. Its assets under management (AUM)
grew 36 per cent to Rs 37,964 crore. Expansion in rural areas,
commercial lending, and home loans will drive growth. The company remains confident of delivering healthy growth.The company has managed to grow its AUM at 30 per-cent-plus levels
every quarter over the past five years. The company’s gross NPA
as well as net NPA ratios remained largely stable at 1.7 per cent
and 0.5 per cent, respectively. While the company does not share
the net interest margin figure, it remains confident of maintaining
margins, despite falling interest rates. This is because half of its
loans are on a fixed-interest-rate basis. The stock has doubled in
last one year and then corrected a bit.Buy in phase.
* Disclaimer :- • Smart Investment will not be responsible / for any loss arising out of investment based on its
recommendation. • Though, every care has been taken, we
will not responsible for any errors / omissions o All disputes
are subject to Ahmedabad jurisdiction.
Gold Bonds scheme kicks off on 5th November 2015
This Dhanteras, yet another option is available for investors
to buy sovereign gold bonds. Application for the same will be
accepted from November 05, 2015 till November 26, 2015. Minimum tick size is 2 grams and the maximum is 500 grams per
application. This scheme will be issued by Reserve Bank of India
(RBI) and the scheme will have tenure of 8 years and option for
early withdrawal will start from 5th year. These bonds carries
coupon rate of 2.75% and the price per bond is fixed at Rs. 2684.
These bonds are available in demat as well as in physical mode.
For the benefit of investors, some basic of the said scheme
is given here below:
1) Sovereign gold bonds will be issued by the Reserve Bank of
India. They will denominate in particular amount of gold and
linked to the price of the yellow metal. Its price movement is
linked to price movement of Gold and thus will bring rewards
for investors when gold prices go up.
2) Investors can buy a minimum of 2 grams and a maximum at
500 grams per fiscal year. For this initial offer RBI has fixed
the public issue price at Rs 2,684 per gram for the sovereign
gold bonds.
3) Investors will get a fixed rate of interest of 2.75 per cent per
annum payable half yearly on the initial value of investment.
4) The gold bonds would also be available in physical as well
8th November to 21st November 2015
Dilip Davda • [email protected]
as in demat format.
5) The bonds have a maturity period of 8 years, with exit option
from the fifth year. Holdings can be redeemed in multiples of
one gram. The redemption price will be based on prevailing
gold prices.
6) The bonds will be listed on the exchanges so investors may
get an option to exit even before five years if volumes are good.
7) Gold bonds will be sold through banks and designated post
offices. They can be used as collateral for loans from financial Institutions.
8) Gold bonds offer an exposure to gold with unique scheme
which is not available in ETFs.
9) Investors should bear in mind the volatility of Gold prices in
recent times.
10) TDS (tax deducted on source) is not applicable on the interest component, but interest earned on gold bonds will be
added in taxable income. Capital gains will be taxed at tax
slab if these bonds are sold before 3 years. If sold after 3
years, capital gain tax of 20 per cent with indexation benefits
would apply. Indexation is a process by which the cost of
acquisition is adjusted against inflation in the value of asset.
DIPAWALI
INVESTMENT
ISSUE-2015
5
Invest in Equities to beat - Inflations
Muhurat Trading
& BSE will conduct Special Session
If You have invested Rs. 1,00,000 in 1980, It would be Rs. 2.3 Cr. today for NSE
Muhurat Trading on account of Diwali
11
Sensex has given unbelievable CAGR to 16% over a period of 35 Years on November
Trading would be conducted between
Well to answer all
your queries we did a
small study on historical
data of Sensex since its
start in 1980….and
have to say that even
we were pleasantly surprised what we saw Let assume you invested Rs100000 in the
sensex right the inception and kept it till today
the value of that Rs1
would be Rs 2.3
Cr…..yes it does sound
unbelievable its true
see the numbers you
would have actually
multiplied your money
200 times!!
There were years
when the returns were
negative. However, investing for long terms is
what made the reward
so attractive and beneficial. The CAGR or
compounded annual
growth comes to phenomenal 16% over a
period of 35 years
which remarkable by all
means!! Any investment is good only if it
beats inflation and in
today's scenario equities is the only asset
class that is capable of
delivering an inflation
beating returns, so invest and remember the
longer the better.
Year
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Open
1027.38
2617.78
34336.87
3910.16
3114.08
3096.65
30658.34
3064.95
5029.54
3990.65
3262.01
3383.85
5872.48
6626.49
9422.49
138277.8
20325.27
9720.55
17473.45
20621.61
15534.67
19513.45
21222.19
27485.77
High
1955.29
4546.58
3459.07
4643.31
3943.66
4131.22
4605.41
4322
5150.99
6150.69
4462.11
3758.27
5920.76
6617.15
9442.98
14035.3
20498.11
21206.77
17530.94
21108.64
20664.8
19612.18
21483.74
28822.37
30024.74
Low
2713.12
3096.65
2741.22
3042.25
3491.55
2594.87
2828.48
2904.44
4227.5
6069.33
8799.01
12316.1
7697.39
8047.17
15651.99
15135.86
15358.02
17448.71
19963.12
26307.07
Smart Super Duper
-Dilip K. Shah
LIC Housing (500253) (Rs.461) :- It is subsidiary of LIC. It provides
loan to middle income group so the risk of default is minimum. In September
quarter, the company's income increased from Rs2627 crore to Rs3065 crore,
while profit increased from Rs341.5 crore to Rs411.74 crore with EPS of Rs8.16.
The company's EPS may touch Rs32 by end of the current financial year. The
company's equity stands at Rs100.93 crore in which the promoters hold 40.31%,
FIIs hold 35.01%, DIIs hold 7.58% and public hold 17.10% stake. The government has set an agenda of providing a house to every family in the country by
2022, so the retail loan segment is likely to grow stronger. The stock may cross
Rs550 level in New Samvat Year. The company paid 205% dividend for FY2015,
which was 225% in FY2014. The stock may be best buy in the Muhurt session.
Inox Wind (539083) (Rs.382) :- The Heavy Electric Equipment subsidiary of Gujarat Fluro's stock witnessed 52 week high at Rs494.7 and low at
Rs315. The diversified company is active in industrial gases, engineering, plastic,
refrigerator, renewable energy and entertainment sector. Inox Wind has obtained license from ANSC and Pertetual, which is a leading wind energy company from Australia. Currently the company's production capacity is 1100 mega
watt. Under expansion plan, the company will increase rotor blade manufacturing from 256 to 400 and retail and towers from 150 to 300. It will set up a new
plant at Burwani with investment of Rs200 crore in March. The company has
witnessed CAGR growth of 148%. Investors got robust return in IPO. The
company's market cap is Rs8500 crore at current rate. The equity stands at
Rs221.92 crore in which the promoters hold 85.62% stake, FIIs hold 3.36%,
DIIs hold 4.82% and public hold 6.20% stake. The company is performing well
after listing on the bourse. In September quarter, the company's income increased from Rs543.13 crore to Rs1008.22 crore, while profit increased from
Rs54.52 crore to Rs89.13 crore with EPS of Rs4.03. In the first six months of
FY2016, the company's income has increased from Rs847.5 crore to Rs1644.05
crore, while profit has increased from Rs77.99 crore to Rs139.63 crore with
EPS of Rs6.29 which may go up to Rs18 by end of the year. The stock may
touch new 52 week high in Samvat 2072.
Zee Enter (505537) (Rs.405) :- Subhash Chandra's Essel Group promoted Zee Entertainment is one of the leading television,
(Cont. on P. No. 12)
Close
Year
on Year
%
Value of
Money
Invested
118.76
100,000.00
148.25 24.83
124,831.59
227.72 53.61
191,748.06
235.83
3.56
198,576.96
252.92
7.25
212,967.33
271.87
7.49
228,923.88
527.36 93.98
444,055.24
524.45
-0.55
441,604.92
442.17 -15.69
372,322.33
666.26 50.68
561,013.81
778.64 16.87
655,641.63
1048.29 34.63
882,696.19
1908.85 82.09 1,607,317.28
2615.37 37.01 2,202,231.39
3346.06 27.94 2,817,497.47
3926.9 17.36
3,306,585
3110.49 -20.79 2,619,139.44
3085.2
-0.81 2,597,844.39
3658.98 18.60 3,080,986.86
3055.41 -16.00 4,215,072.41
5005.82 63.83 4,215,072.41
3972.12 -20.65 3,344,661.50
3262.33 -17.87 2,746,933.94
3377.28
3.52 2,843,785.79
5838.96 72.89 4,916,604.92
6602.69 13.08 5,559,691.82
9397.93 42.33 7,913,379.93
13786.91 46.70 11,609,051.87
20286.99 47.15 17,082,342.54
9647.31 -52.45 8,123,366.45
17464.81 81.03 14,705,970.02
20509.09 17.43 17,269,358.37
15454.92 -24.64 13,013,573.59
19426.71 25.70 16,357,957.22
21170.68
8.98 17,826,439.88
27499.42 29.89 23,155,456.38
28071.93
2.08 23,637,529.47
17.45 hours and to 18.45 hours on the day
Market Tips
-Dilip K. Shah
Atul Ltd. (RS. 1724.00) (Code : 500027) :- Atul is an integrated
chemical company serving about 5,700 customers belonging to 31 industries
across the world. Atul established successful joint venture companies with worldrenowned multi-national companies namely American Cyanamid Company (now
a part of BASF AG and Pfizer Inc) in 1947, Imperial Chemical Industries plc
(now a part of Akzo Nobel and Astra Zeneca plc) in 1955 and Ciba-Geigy Ltd
(now a part of BASF AG and Huntsman Corporation) in 1960.Starting with the
manufacture of a few dyestuffs for Textile Industry, Atul now offers a large
portfolio of products. Atul Ltd has reported standalone net profit at Rs. 84.46
crore for the quarter, registering increase of 42.98% yoy. The stock has touched
a 52 week high of Rs. 1701 on 30-Oct-2015 and a 52 week low of Rs. 1034.35
on 26-Mar-2015. The promoters holding in the company stood at 50.83 %
while Institutions and Non-Institutions held 20.43 % and 28.73 %
respectively.The stock has jumped more than 70 per cent in last one year. Still,
the stock is in momentum mode. Buy.
Maruti (Rs. 4522.00) (Code : 532500) :- Shareholders of Maruti
Suzuki have made huge money in last one year. The stock has gallopped to
Rs.4500 plus level from Rs.3200 level a year ago. The country’s largest passenger maker Maruti has, last week, released its much-anticipated Baleno at
Rs. 4.99 lacs (ex-showroom, Delhi). This also makes the vehicle the second to
be sold through Nexa premium dealerships with the S-Cross having the first
outing. In just a matter of few days, Maruti Baleno has garnered over 5,000 preorders. Maruti Suzuki Baleno will now be competing against the likes of
Volkswagen Polo, Honda Jazz and Hyundai Elite i20. Meanwhile, Maruti has
reported a 29.1% rise in total sales in October at 1,34,209 units as against
1,03,973 units in the same month a year ago. Domestic sales increased by
24.7% during the month to 1,21,063 units. Exports during the month rose by
90.4% to 13,146 units. The stock will continue to be outperformer in the new
Vikram Samvat year. Buy in phase.
BEL (Rs. 1239.00) (Code : 500049) :- Indian Air Force (IAF) has
recently signed a nearly Rs 8,000-crore deal with state-run Bharat Electronics
Limited (BEL) for the extension of its programmes integrating all civil and defence radars across the country. On September 22, the Cabinet Committee on
Security had cleared the proposal for the Rs 8,000-crore project, which was
sanctioned by the Defence Acquisition Council in November last. BEL will have
some more deals like this one. There are lot of opportunities for the company
as the Defence Ministery is actively pursuing Make in India initiative. Meanwhile, Citi has initiated coverage with a buy rating. It has set a target price of Rs
1491 per share.The brokerage says that defence manufacturing in India is at
an inflection point with a USD 245 billion opportunity over the next decade and
BEL is the market leader in defence electronics with a major competitive
edge.Buy in two phase.
* Disclaimer :- • Smart Investment will not be responsible / for any
loss arising out of investment based on its recommendation. • Though,
every care has been taken, we will not responsible for any errors / omissions o All disputes are subject to Ahmedabad jurisdiction.
Diwali to Diwali ; SY 2071 marks new milestones
Samvat Year (SY) 2071 is just
ending this Diwali amidst many
hurdles on political and economic
fronts. Never the less, the concluding samvat left many messages for
the investor masses on many issues.
To start with we can have a look at
the tables of dividends, rights issues,
stock splits and bonus issues since
last Diwali till now.
On indices front, the samvat did
marked new intraday and closing
milestones for Sensex at 30024.74
(on 04.03.15) and 29681.77 (on
29.01.15) and for Nifty at 9119.20
(on 04.03.15) and 8996.35 (on
03.03.15). Thereafter, weak global
cues and political backlog coupled
with slowdown in economic reforms
at domestic front kept market on a
sliding mode. With the recent state
of affairs, the hope for new milestones around Diwali festival is appearing a remote possibility as near
term movement of market will hinge
on Bihar elections outcome. Poor
monsoon, spiraling prices of pulses
and vegetables kept the masses
grudging for investments.
On primary market front, we
have yet another data in this issue
with separate comments. But secondary market remained dormant
Dilip Davda
e-mail : [email protected]
Dilip Davda is having stock market attachment since 1976
and has contributed to many financial media that includes print
and electronics. He is contributing to Free Prress,
Janmabhoomi, Vyapar, Corporate India etc. on stock markets
and is a visiting stock analyst for Zee Biz., DD News, TV 9 etc.
since the beginning of 2015 and now
all depends on the outcome of Bihar
elections followed by US Federal
Bank's December 2015 policy meet
and thereafter, the budgets. Till
then, market may remain range
bound unless some miracle happens.
On rights issue front, we have
list of 18 companies opting for rights
offer to generate required funds from
stakeholders. Dividend list (with details up to 05.11.15) did give some
surprises with higher dividends from
many corporate. On stock split front
too we have 99 companies opting for
stock split during the samvat which
may find some more additions before the SY end. On bonus front, we
have 69 companies announcing bonus issues during this SY that included some odd companies giving
liberal bonuses. This list included
companies like Vikas Globle, Sim-
8th November to 21st November 2015
plex Trading, SVP Global, V?HCL,
Chanakya Investment, Visagar Poly,
Vinaditya Trading and Mangal
Credit. Surprised bonus came from
Marico, Divi's Lab, Anuh Pharma etc.
The list for bonus candidate is
on the rise and as usual, on track
setting of economy will bring more
bonus announcements for SY 2072.
Let us hope that over 100 companies announce bonus issues during
SY 2072 and bring more rewards for
the investors. Eminent bonus candidate includes some companies like
Tube Investment, Hero Motocorp,
Maruti, MRF, Asian Paints, Wipro,
TCS, Mahindra & Mahindra, L & T,
Godrej Properties, Alembic, Sarla
Performs etc etc.
Wishing all readers a wonderful
- joyous Diwali and prosperous wealthy New Samvat 2072.
(email:
[email protected])
DIPAWALI
6
Nilesh S. Kotak (Members of
Ph. : 26584076, 26582276 Mob : 9227204076, 9898425655
Email : dhanvarsha@airtelbroadband ; [email protected]
Website : www.nileshkotak.com
Market tendency change and volatility increased significantly so importance of value stock gain acceptance in investor with holding period of 3 years and more such value
stocks with clear business model for investment.
Face Current
VALUE RATE
1 Apollo Tyres Ltd
1
169
2 Entertainment Network India Ltd
10
670
3 Ion Exchange (India) Ltd
10
271
4 Jk Agri Genetics Ltd
10
425
5 Mahindra Lifespace Developers Ltd
10
500
6 Nelcast Ltd
2
62
7 Skm Egg Products Export (India) Ltd
10
168
8 Tasty Bite Eatables Ltd
10
1199
9 Torrent Pharmaceuticals Ltd
5
1537
10 Wockhardt Ltd
5
1548
52 week
HIGH LOW
249 154
849 455
318 192
620 358
580 401
69
29
225
71
1566 505
1720 867
2000 736
Companies which have shown positive increase in price
above 175% despite negative return given by sensex & nifty
during samvat 2071
No. Co. Name
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Uniply Industries
Intrasoft Technologies
Mangalam Drugs
Gm Breweries
Rushil Decor
Dynacons Technologies
Shreyas Shipping
Mic Electronics
Lyka Labs
Gayatri Projects
Rajesh Exports
Take Solutions
Ncl Industries
Pioneer Embroideries
Nrb Industrial Bearings
Pioneer Distilleries
Kei Industries
Caplin Point Lab.
Nandan Denim
Sangam (India)
Allsec Technologies
Dalmia Bharat Sugar
Tata Elxsi
Mirza International
Onmobile Global
Vadilal Industries
Nilkamal Ltd
Deep Industries
Jubilant Life Sciences
Aegis Logistics
F.V.
VALE
10
10
10
10
10
1
10
2
10
10
1
1
10
10
2
10
2
10
10
10
10
2
10
2
10
10
10
10
1
1
52 Week
Close as on
HIGH LOW 30-1030-10- Change
2014
2015
(%)
179
6
7
177 2393
600 42
53
533
900
186 17
19
168
770
653 78
96
655
582
301 43
46
292
537
23
2 3.5
21.5
512
840 83
87
487
460
29
3 3.5
20
450
123 23
23
112
386
689 133 141
680
380
670 134 137
645
370
197 38
41
176
331
135 34
35
124
253
48 10
11
38
245
81 20
21
72
242
155 21
34
114
233
121 32
33
103
213
1639 380 410
1276
211
174 42
42
132
209
290 68
82
250
204
78 20
24
73
204
64 16
21
64
202
2317 551 620
1826
194
144 39
43
126
194
116 32
32
94
189
883 186 209
603
189
1179 315 353
958
182
213 45
72
203
182
430 126 146
404
179
106 34
36
100
175
Companies which have seen downside from 50% to 100%
in previous year. These companies analysis reveals that either company have no clarity about business model or company have huge debt. Stay away from such companies
No. Co. Name
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Amtek Auto
Diamond Power Infra
Sharon Bio Medicine
Jyoti Structures
Gammon India
Tara Jewels
Unitech
RS Software (India)
Uttam Galva Steel
Bhushan Steel
Monnet Ispat
Jaiprakash Associates
Pochiraju Industries
Bank Of India
Ramky Infrastructure
Mangalore Chemicals
GMDC
Autoline Industries
Maharashtra Seamless
Godawari Power & Ispat
Jindal Steel & Power
Oriental Bank
HOV Services
Venus Remedies
GOL Offshore
ILandFS Transportation
Sarda Energy
Elder Pharmaceuticals
Hindalco Industries
IVRCL Infra
F.V.
VALE
2
10
2
2
2
10
2
5
10
2
10
2
10
10
10
10
2
10
5
10
1
10
10
10
10
10
10
10
1
2
INVESTMENT
Indian equities rule easy ahead of Diwali on multiple negatives
Sunday's Bihar poll outcome to guide near-term future course
Ahmedabad Stocks Exchanges)
No. Company name
ISSUE-2015
52 Week
Close as on
HIGH LOW 30-1030-10- Change
2014
2015
(%)
231 25 165
40
75
143 33 125
38
70
72 12
61
22
64
49 10
44
16
63
37 11
34
12
62
106 31
94
36
61
24
5
19
7
61
339 122 315
128
59
77 28
72
29
58
121 42 105
44
58
88 26
83
36
56
35
8
30
13
55
88 13
35
15
55
311 126 274
131
52
67 24
61
30
51
98 40
88
42
51
159 61 151
73
51
102 43
90
44
51
342 138 313
152
51
165 62 150
74
51
208 56 160
80
50
344 121 271
134
50
191 58 164
82
50
283 96 260
120
50
102 41
98
50
50
229 86 183
91
50
246 90 216
108
50
187 66 176
88
50
176 68 160
80
50
21
7
18
9
50
The Indian stock markets continued
to drift down in second consecutive
week over concerns pertaining to issues
like poor corporate earnings, possibility
of a rate hike in December, by Federal
Reserve, and, last but not the least, the
Bihar poll outcome. In the second week
of successive downtrend, the BSE
benchmark indice, the BSE Sensex for
30 scrips, fell 392 points to close at
26265, also down by about 1850 points
from 28700 a year ago. Thus the Vikram
Samvat 2071 set to end this week,
trurned out to be a bearish year for the
stock markets.
When Vikram Samvat commenced
a year ago, the ebulient mood of the
market based on major political change
was still in place and therefore the
uptrend that had been prevailing at the
end of the preceding year continued to
lift prices of equities up till about midSamvat. The BSE Sensex, therefore,
scaled to an unprecedented new high
of 30025. But from middle of the year,
the markets turned bearish for multiple
negative factors including the failure of
the Government in getting many crucial reforms bills cleared in the Parliament, due to lack of sufficient numbers.
This, coupled with sustained selling
pressure from the foreign institutional
investors (FIIs), pushed the Sensex
down to a low of 24834 in the second
half of the year. A poor monsoon, unchecked inflation and consequent denial of a rate cut by the Reserve Bank
of India in early part of the se3cond half
of the year, a crash in Chinese stocks
followed by multiple devaluation of Chinese currency, a weakened Indian currency, poor working results as being
churned out by many Indian
corporates, firming up possibility of the
Federal Reserve hiking interest rate
before December-end and last but not
the least, Bihar assembly polls, were
the other factors that continued to haunt
the markets till the week ended on last
Friday. The final phase of voting for
Bihar Assembly election was over on
Thursday the results of which will have
already been out by the time this article goes into printing. If the BJP fails
to caputre power in Bihar, then the markets could go further down in this week
representing Mahurat trading. However, a likely fall or crash in markets
would only be a brief and forgettable
event because the markets have seemingly already factored in this possibility
in prices. But a likely win of the BJP is
most likely to prompt a smart rally in
prices. However, any such rally, would
ultimately fizzeled out as the macro
economic and corporate numbers are
still far from justifying a long-lasting bull
run in near future.
Although a likely defeat of the BJP
in Bihar is not expected to affect the
stability of the Narendra Modi-led NDA
government at centre, it is considered
to be of utmost important from the view
point of Modi's popularity and also his
ability to get economic reforms and development agenda to get okayed or be
implented. However, with the schemes
that his government has already in
place, the economy is progressing well
and in desired direction but it may take
some time before the positive impact
of the same is reflected in stock prices.
A litmus test for BJP is also awaiting in
Gujarat, the so-called home state for
the party and also for the Prime Minister, and where voters are highly infected against the party by Patidar agitation. The local body polls in Gujarat
are scheduled for December.
The winter session of the parliament is scheduled to commence from
third week of November. The united
and adamant opposition is most likely
to stall proceedings of the same the
way they did during the previous ses-
(Columnist Janmabhoomi, vyapar & Financial Express) :Highly experienced business journalist of Mumbai, Talaksi
Gosar is well known for his in depth analysis of stock
market. He writes columns for many news papers and
magazines. His column Analysis of under current of stock
market is one of most informative and popular column
amongst the investors.
sion over various issues and also over
Bihar, if the BJP has lost there. That
will have also a negative impact on the
markets. Therefore, even if the BJP
wins in Bihar, the the stock markets
woes are not going to end so soon. It
would be only after December, when
the Federal Reserve will have come out
with a rate hike and the markets bottomed out, that a bullish phase can be
expected to emerge, and that too, on
Budget hopes.
The on-going fall season in the
stock markets is thus expected to extend until interest rate is hiked in the US.
But a likley fall on interest rate hike would
prove a golden opportunity for buying
of Indian equities for both the Indian
stock market investors as well as the
FIIs. A rate-hike in the US is nearly already factored in prices as the FIIs have
been consistently selling for the last
three months solely on fears of a rate
hike and when actual rate hike happens,
they might start re-buying because
prices of stocks would have gone further down by that time, and therefore,
unaffordable for selling. For long-term
investors, a golden pportunity for buying shares is thus awaiting.
State Bank of India :State Bank of India, the largest lender
in India, churned out highly positive
working results for the quarter ended
September, 2015. The bank came out
with a 25 per cent higher net profit for
the quarter. It reported a rise of over
10 per cent each in deposit collections
and loan disbursements. It also revealed that the asset quality has improved, meaning lower NPAs. Its
share had scaled to a high of Rs
335.90 recently on January 15. A technical correction then sent it back to a
low of Rs 221.60 on September 8.
However, after bottoming out at Rs
221.60, the share is gradually picking
up. On Friday of the last week it closed
at Rs 243.25 and with a remarkable
gain, especially based on highly encouraging working results. The
uptrend as triggered on better working results, is expected to remain for
some time and makes this a good bet
for short-term trading or long-term investing.
Ramco Cements :- Ramco
Cements was earlier known as Madras
Cements. In the time of Harshad Mehtaled stock market in 1991-94 boom its Rs
100 paid up share had reached a level
of Rs 40,000 a peace. The share has
been split thereafter. Last week, the company came out with excellent numbers
for the quarter ended September. It
posted a 52 per rise in net profit this quarter when most of the other cement manufacturing companies either posted lower
net profits or incurredd losses for the period. The share of Ramco Cements had
bottomed out at Rs 270 on March 27 this
year. The share then rose to a high of Rs
380 in August, but the general downtrend
in the markets pushed it back, though
only briefly, as it did not remain depressed
for long. When the company came out
with excellent wortking results on Friday,
the share responded quite positively and
scaled up to close at Rs 373.75, indicating a possibility of further rise in a normal
market conditions. The share is recommended for buiying for medium to longterm investing.
Motherson Sumi :Motherson Sumi is one of the leading
auto ancillary companies in India. The
company has rewarded its long-term
investors well with frequent bonus
share issues and regular dividend payments. The company came out with
excellent working results for the second quarter ended September, 2015.
The company posted a whopping 176
per cent rise in its net profit on a mere
14 per cent increase in sales for the
period. This means that whatever additional sales that the company
achieved got converted into net profit.
The share had recently scaled to a high
of Rs 395.85 in August, 2015 but was
forced to fall upto Rs 217.30 on October 5, as the markets turned bearish.
However, after having bottomed out at
Rs 217.30, it was gradually rising until
announcement of excellent working
rtesults. It jumped significantly up on
Friday following the disclosure of the
numbers and closed at Rs 265.75.
Thus the share has responded quite
positively to better working results and
therefore recommended for buying for
medium to long-term investing.
News Track
MRSS India outperforms
Majestic Research Services and Solutions Ltd. (MRSS I NDIA), a leading
digital Market Research Agency, the SME listed company that created history
with mega gains in just few week's post listing has posted net profit of Rs.
0.77 crore on a turnover of Rs. 5.39 crore for first half of the current fiscal
against net profit of Rs. 0.53 crore on a turnover of Rs. 5.51 crore for the
entire fical 2014-15. Thus the company has crossed the bottom line in first
half of current year itself with top line reaching last full year's level in the said
period. In accordance to SEBI guidelines, the exchange has reviewed the lot
size of Majestic Research Services and Solutions Ltd. (Scrip Name - MRSS,
Scrip Code - 539229) from 10,000 shares to 5,000 shares. The effective date
of the share lot revision will be from Thursday, November 5th 2015.
Anchor Electricals plans investment of 150 crores
Anchor Electricals, a wholly owned subsidiary of Panasonic Corporation,
today commenced with the ground breaking ceremony at its new manufacturing facility at Haridwar, India. This new manufacturing unit is set up with an
initial investment of about INR150 crores, will produce a complete range of
wiring devices, aligned with the aggressive growth plans of the company. The
ceremony was conducted by the top company officials of Panasonic Corporation Eco Solutions Company including Vice President Shuuji Okayama, Managing Director Mr. Kazuhiko Ito, and the top Management of Anchor including
Managing Director Mr. Takaki Oguri for a new greenfield building to be commissioned on the said premises, by end of 2016.
8th November to 21st November 2015
DIPAWALI
INVESTMENT
ISSUE-2015
The Indian National Rupee : FY 2016-2017
The value of the Indian National
Rupee as compared to the US Dollar has depreciated during the last
financial year. On 01 Apr 2015, one
USD was equivalent to INR 62.31,
but INR went on a downward spiral
and on 22 Apr 2015 INR was at
62.94. The INR further fell to another
low on 05 May 2015, at 63.31 and
for the first time in FY 2015-2016, it
touched the 64 mark, when on 12
May 2015, INR read 64.12. But, the
first week of June proved to be a bit
positive with the INR gaining some
strength and reached a high of 63.65
on 01 Jun 2015. Again, INR fell to a
low of 64.02 on 08 Jun 2015 after
sailing smooth for almost a month.
The value of the INR vis-a-vis the
USD got severely weakened in the
month of August, with the the exchange rate reaching an all-time low
of 66.15 on 30 Aug 2015. The currency has witnessed huge volatility
in the past two years. This volatility
became severe in the past three
months affecting major macro-economic data, including growth, inflation, trade and investment. Manag-
Dharmesh
Joshi
(M) 09909941816, E-mail : [email protected]
Academic Background = With a graduation in Chemistry from Gujarat University, he is a government approved Chemist. However, along with his interest
in Chemistry, he has been interested in the mysteries of Nature, right from his
childhood. Shri Dharmesh joshi is protege of Bejan Daruwalla and belongs to
the team of astrologers declared as official successors to his astrological legacy,
by none other than Bejan Daruwalla himself, in an event in Mumbai on the 23rd
Nov, 2009. Dharmesh Joshi believes that every problem is born with a solution.
He possesses an excellent understanding of real life issues and its dynamics
which he successfully addresses in the solutions he provides. His knowledge
of Indian scriptures enables him to provide precise astrological remedies. Fortune Mantra has been developed by one of Mr. Bejan Daruwalla’s most illustrious disciples Dharmesh Joshi . It required redefining the fundamental laws of
astrology to be applied to the stock market which is in itself a groundbreaking
effort on his part. Regular Media Presence :- · moneycontrol.com · rediff.com ·
dalalstreet.com · myiris.com · investmentguruindia.com · daytradingshares.com
· Outlook Profit (Magazine) · Beyond Market Nirmalbung (Magazine) ·
Moneymantra (Magazine) · Smart Investment (Magazine) · The Economics
Times · Sandesh Newspaper · DNA Money · Feellings Magazine · Phoolchhapb
· Akila News Papper · Ahmedabad Times · Divya Bhaskar News Papper ·
Rakheval News Papper · Movie Magazine (USA Edition) · Zee TV Gujarati · E
TV Guajarati · Siti News Chanel · CNBC Awaz · Sadhana Tv
Rupees Launch - Solar Kundali
ing volatility in the currency markets
has become a big challenge for
policy-makers. There have been
high expectations from the NDA government even as it has completed
its first year at the office. Finance
Minister Arun Jaitley in tandem with
the RBI Governor Raghuram Rajan
have been trying out various strategies and policies to embolden the
value of INR, but for the best results
to be achieved, it seems that things
will take some more time.
Is the situation bound to improve
and is the financial picture set to get
brighter in the FY 2016-2017? If you
are a currency trader, you would be
worried to know about this as much
as an economy enthusiast or a stock
market trader. Well, Ganesha
checks out the planetary picture and
the cosmic plot in store for the Indian National Rupee, by analysing
the Independent India's Chart as well
as at the Foundation Chart created
as per the date of inception of the
current symbol of the INR. Read on.
Planetary Picture :As per Ganesha's view, the planetary configurations on the day of the
launch of the rupee symbol were not
highly favourable. The analysis of the
Rupee's falling value has been done
using the Solar Chart (Surya Kundali)
created for 15th July, 2010, the date
on which the current symbol of the
India - Kundali
Indian Rupee
(INR)
was
launched.
In the aforementioned Solar
Chart, the Ascendant Sign is
Gemini with the
ruler being Mercury and by the
natal placement
itself Sun and
Ketu are in conjunction in the
First House (As-
cendant). As per this chart, the Lord
of the House of Finance and
Economy is the Moon, and the Moon
is posited in the 3rd House in Magha
Constellation, which is ruled by Ketu.
Hence, it may be noted that both the
luminaries, Sun and Moon are under a significant influence of Ketu (a
negative feature).
In the course of the next Year,
following shall be the Dasha periods,
effects of which have been enumerated by Ganesha. Take your strategic decisions accordingly.
" 13-12-2015 to 17-03-2016 Venus-Moon-Saturn - This period
can be termed as average. You may
experience stability, along with monotony, and may trade accordingly,
during this time frame.
" 18-03-2016 to 12-06-2016- Venus-Moon-Mercury - In this period, RBI
may take such steps which will directly
have a positive effect on banks. This,
in turn, will most likely have a favourable
impact on the Rupee.
" 13-06-2016 to 17-07-2016Venus-Moon-Ketu - During this period, Ketu may cause some stress
and fluctuation financially, as it happens to be an unpredictable planet.
Thus, it would be advised that you
do jobbing in multiple areas. Speculation should be strictly avoided.
" 18-07-2016 to 27-10-2016Venus-Moon-Venus - The foreign
currencies and
even the share
markets will have
a significant impact on the Rupee
and may pull it towards them, but
Ganesha feels
that the weightage
in the share markets will be high.
" 28-10-2016
to 26-11-2016Venus-Moon-Sun
- This phase indicates that there will
be some involvement of the Government in the financial domain and it
will take strong measures to
strengthen the value of the Rupee.
The chances of Government succeeding in this endeavour are high.
" 27-11-2016 to 21-12-2016- Venus-Marsh -Mars - In this phase
there will be a great influence of
Mars, and in the Solar Chart of the
Rupee, Mars happens to be the Lord
of the house of gains and income.
You have to be extremely alert and
focused as the markets will tend to
be volatile. Whatever you may trend,
they may be aggressive, thus you
need to go about your financial activities with patience.
What's next ? :- From 9th January, 2016, Jupiter and Rahu will be
transiting over the sign of Leo - the
3rd House of the Solar Chart of the
Rupee, wherein Venus-Moon-Mars
are placed, resulting into the union
of 5 planets. This planetary configuration is indicative of tremendous
7
Outlook on Rupee
Coming 12 months are likely to be quite
tumultuous for the global markets, FX markets
in particular. The Indian Rupee and capital
markets have outperformed most of its Asian
and emerging market peers by quite some distance in the current year. Here we discuss the
factors that are most likely to shape up the eco-
Knowledge Partner
You Can Trust
Research Team
nomic sentiment and investment climate in the year ahead. The most important
driving factor for the emerging market economies would be the Fed policy.
Going by the October FOMC policy statement, a December rate hike seems
quite possible. If the rate hike were to happen it would be the first hike in 10
years and would be the beginning of monetary policy tightening. What is going
to be even more important will be the pace of rate hikes after the first one and
how long the Fed waits before it eventually starts trimming its balance sheet
size. The US elections next year would also be a key trigger for the markets. A
gradual pace of policy normalization would foster a risk on sentiment which
would be positive for emerging market stocks, bonds and currencies. On the
other hand a steeper curve would trigger risk aversion and flight to safe haven
asset classes. The second most important factor would be how China recovers
from the current downturn. The People's Bank of China (PBoC) has left no
stone unturned in trying to stimulate the economy. It has acted on the interest
rate front, reserve requirement ratio front and currency front to revive the
economy. How PBoC manages the Yuan would have a major impact on the
Asian currency basket in particular. We already got a sense of that when it
devalued its currency by around 4% in August this year. The third biggest factor for the Indian economy would be the price of crude oil. RBI's monetary
policy easing and government's relative comfort on the fiscal front can be attributed to a large extent to the crude staying below the $55 per barrel mark.
With crude supply now beginning to adjust to the demand, it will be interesting
to see how long India continues to benefit from subdued crude prices. On the
domestic front, the RBI surprised the markets with a 50bps rate cut in September. With real interest rates around 1.75%, there is little room for further monetary policy easing. The effect of the 50bps rate cut will manifest itself in the IIP
data going forward. The increase in debt limits for FPIs and opening up of
avenues for Indian companies to raise Rupee funds overseas is also a positive
development. All eyes would be on whether the government is able to push
through with reforms such as GST, its ability to attract investments through its
ease of doing business initiatives and its ability to chalk out incentives to boost
exports. To sum up, if there is a risk on sentiment globally, India is well positioned to be the biggest beneficiary among emerging market economies in terms
of inflows.
volatility in the share markets. You
will not get a clear idea as to which
direction to choose and thus confusion may ensue. Whatever you do,
ensure that it is delivery based and
it would be advised that you stay
away from speculation.
Mars will be entering its own sign
Scorpio on 21st February, 2016 and
turning retrograde, he will be entering Libra and turning direct, will again
come back to Scorpio and in this way
Mars will be staying in Scorpio-Libra-Scorpio till 18th September,
2016. Mars, who usually stays in a
sign for approximately 45 days will
remain in Scorpio for 7 Months. In
the Solar Chart of Rupee, Mars will
be travelling between the houses
representing stock markets and
PSUs. Thus, the government and
the private sectors will both try to pull
the money and financial resources
towards themselves. Aggression
and volatility will be the key features
and you will be required to be smart,
quick and alert.
Diwali 2015 may bring fortune for CrudeOil Traders
As per Col Ajay CEO
www.astrmoneyguru.com
Happy
Diwali 2015.Diwali in 2015 is on November 11. On Deepawali in 2015,
let the lights pierce into the darkness
of the world. Even if you are not in
India, you can notice the dark skies
penetrated by lights on the night of
Diwali. Read below to know more
about Deepawali...
Diwali 2015 or Deepavali venerates Goddess Kali and Lakshmi. Indian soil has seen many cultures and
civilizations. This country has turned
into a base of numerous languages
and religions. Instead, it should better be called as a land of festivals.
The festivals in India are an integral part of the nation. Two of the biggest Hindu festivals that have great
importance are Holi and Diwali. On
these festivals, people gather and
worship their deities, offer prayers.
Along with this, they enjoy on dance
and music.
In India, all the festivals are important a are also prominent on religious grounds, as we have Diwali or
Deepawali. Let's throw some more
light on this 'Festival of Lights'.
During Diwali Sun, Moon and
Mercury are close conjunctions while
Rahu, Mars and Venus are in Virgo
these six planets are very important
Lt Col Ajay
Rajasthan (India)
Professional Profile :- · CEO of Arihant India · Partner of M/s Banarasi dass departmental stores Jaipur
( Oldest and leading carpet & furnishing house of
Rajasthan · CEO of www.astromoneyguru.com and
www.futurebazaronline.com. · Ranked by Goggle as
“Second most popular website in the world” and “First most popular website
in Asia” in Astro-finance category. · 5 lacks hits at international level. · Recommend as “Must see websites for Investors” by a. CNBC TV b. NDTV
PROFIT c. BLOOMBERGUTV
for global economy
As per Financial astrology Diwali
2015 to Diwali 2016 following
changes are expected in Indian stock
and commodity market
Stock market- 15% and more
Gain expected from Diwali 2015 to
2016. Positive for Infrastructure, Oil
& Gas, Metals, Banking, Media,
Pharma, Hotels, Cement, paints
stocksare recommended. Asian
paints, India cement , Archies, Tata
steel, SAIL, Vedanta, Cairn India,
RIL, Lic housing Finance , Yes bank
, Icici bank , India Hotels are stocks
may gain 20% to 40% during this
period .
Commodity market :- Gold - expected to cross USD 1200 to 1225
8th November to 21st November 2015
levels in International commodity
market
Copper :- Copper may cross Rs
390 to 410 levels in MCX
Crude oil :- Expected to cross
USD 55 to 72 per barrel in International commodity market
Soybean :- 15% gain expected
during this period
Chana :- 20% gain is expected
during this period
Indian Rupee (INR) V/s USD Expected between 58 to 62 levels
against one US dollar
The above predictions arebased
on
financialastrology
andNumerology. Risk management
is mandatory in trading and investment in stock and commodity market
8
DIPAWALI
Diwali to Diwali
ISSUE
In terms of subscription and fund raised 2071 became the best in last five years
Out of total 66 issues 20 were mainline issues and 46 were SME issues
Vikram Samvat
2071 bids aidue
BSE-SME is on top in terms of giving return to investors, while NSE-SME is at bottom
with mixed response
It was 50:50 for mainline issues in terms of return
Balance Sheet of Samvat Year 2071 IPOs
Main Line IPOs
Co. Name
S H Kelkar & Company
InterGlobe Aviation
Coffee Day Enterprise
Sadbhav Infra Projects
Prabhat Dairy *
Pennar Enginnered
Shree Pushkar Chemicals
Navkar Corporation
Power Mech Projects Ltd.
Syngene International
Manpasand Beverages
PNC Infra
UFO Moviez India Ltd.
MEP Infra
VRL Logistics
INOX Wind**
Adlabs Entertainment***
Ortel Communications
NCML Ind.
Monte Carlo Fashions Ltd.
NSE Listing Date Offer Listing
Price
Price
CMP
5-11
Change
173 to 180
700 to 765
02/11/2015 328
313
16/09/2015 103 110.75
21/09/2015 115
115
10/09/2015 178
150
10/09/2015 65
60
09/09/2015 155
152
26/08/2015 640
600
11/08/2015 250
295
09/07/2015 320
291
26/05/2015 378
381
14/05/2015 625
600
06/05/2015
63
63
30/04/2015 205
288
09/04/2015 325
400
06/04/2015 180 167.95
19/03/2015 181
181
80 to 90
19/12/2014 645
585
280
100
140
167
79
174
608
355
423
527
532
54
381
388
106
189
-14.6
-2.9
--6.2
21.5
12.3
-5.0
42.0
32.2
39.4
-14.9
-14.3
85.9
29
-41
4.4
449
-30.4
CMP
5-11
Change
26
100.5
334
62
26
100
325
70
0.0
0.0
-1.5
16.7
BSE Code Listing Date Offer Listing
Price
Price
CMP
5-11
Change
80
73
43
15.25
26.25
26
14.3
39.9
9.5
18.45
16
45
55
56
122.3
24.45
20.05
28.1
14
21.75
10.25
14
17.5
45
13.5
11.25
15.71
14.25
42.8
54.4
15
10.3
32
10.6
11.55
7.6
41.9
14.2
22.1
130
11.05
65
27
26
31
23
46
8
18
24
45
72
50
120
24
17
61
64
22
9
15
16
50
10
14
28
27
40
128
14
11
35
11
41
8
40
11
7
127
14
-8.8
-71.1
92.9
0.0
24.0
64.3
2.2
-20.0
0.0
60.0
12.5
44.0
0.0
0.0
0.0
-5.6
125.9
402.0
15.8
-10.0
50.0
0.0
25.0
-28.6
27.3
180.0
80.0
-4.8
137.0
-30.0
10.0
16.7
10.0
272.
-20.0
0.0
-26.7
-65.0
1.6
40.0
539436
539346
539351
539333
539334
539332
539302
539268
539207
539150
539141
539126
539118
539083
539056
539015
Withdraw
538836
NSE-SME IPOs
Co. Name
NSE Listing Date Offer Listing
Price
Price
Perfect Infraengineers Ltd.
Ahimsa Industries
Shaival Realty Ltd.
Emkay Taps & Cutting Tools
Supreme (I) Impex Ltd.
NSE
NSE
NSE
NSE
NSE
Not Listed
23
15/10/2015
25
01/10/2015 100
13/08/2015 330
31/03/2015 60
BSE-SME IPOs
Co. Name
Tejnaksh Healthcare
539428 27/10/2015
80
Franklin Leasing
Withdraw
15
Patdiam Jewellery
539401 16/10/2015
38
Cawasji Behramji
539403 19/10/2015 14
Vaksons Automobiles
539402 16/10/2015
26
Vishal Bearing
539398 15/10/2015
25
Bella Casa Fashion
539399 15/10/2015
14
Sri Krishna Constructions
539363 01/10/2015 45
P. B. Films
539352 22/09/2015 10
H. K. Trade International
539337 14/09/2015
18
Universal Autofoundry
539314 04/09/2015
15
Oyeeee Media
539310 02/09/2015 40
Mangalam Seeds Ltd.
539275 12/08/2015
50
Pecos Hotels & Pubs Ltd.
539273 11/08/2015
50
Amrapali Fincap
539265 05/08/2015 120
Gala Print City Ltd.
539228 16/07/2015
24
Loyal Equipments
539227 16/07/2015
18
M D Inducto Cast
539226 16/07/2015
27
Majestic Research
539229 16/07/2015 12.75
Jiya Eco Products
539225 16/07/2015
19
VMV Holidays
539222 14/07/2015
10
Mishka Exim Ltd. (MEL)
539220 13/07/2015
10
Junction Fabrics
539216 10/07/2015
16
Ambition Mica Ltd.
539223 14/07/2015
40
Funny Software Ltd.
539169 02/06/2015
14
O. P. Chains Ltd.
539116 22/04/2015
11
Athena Construction
539099 16/04/2015
10
Yogya Enterprises
539097 15/04/2015
15
Filtra Consultants & Engg.
539098 15/04/2015
42
AGI Infra
539042 27/03/2015
54
SSPN Finance
539026 26/03/2015
20
Mahabir Metallex
539041 27/03/2015
10
Akme Star Housing Finance 539017 20/03/2015 30
Karnavati Finance
538928 05/02/2015
10
Raghuvansh Agrofarms
538921 28/01/2015
11
Amsons Apparels Limited
538861 06/01/2015
10
Captain Pipes
538817 11/12/2014 40
Anubhav Infrastructure
538833 12/12/2014 15
Anchal Ispat Ltd.
538812 10/12/2014 20
Jet Infra Ventures
538794 25/11/2014 125
JLA Infraville Shoppers Ltd.
538765 12/11/2014 10
* Rs. 5 Discount to Retailers , ** Rs. 15 Discount to Retailers, ***Rs. 12 Discount to Retailers
In
Vikram
Samvat 2071 witnessed bullish trend
in terms of number of
mainline IPOs and
fund raised. Moreover, the fund raised
during the year was
the highest in last
five years. Total 20
companies raised
Rs11100 crore.
In Samvat 2071
total 66 issues entered into the market
of which 20 were
mainline IPOs, while
41 were BSE-SME
issue and 5 were
NSe-SME issue.
Mainline IPO :In Vikram Samvat
2071, 20 mainline
IPOs entered into
the market of which
IndiGo and SH
Kelkar will get listed
in Samvat 2072. In
this situation, out of
total 18 IPOs NCML
Ind's issue with offer
price of Rs80-90 got
withdrawn so total 17
issues remained in
the market. Of these
17 IPOs nine IPOs
are being quoted at
premium rates, while
eight are being
quoted at discounted
rates. Thus, mainline
IPO's performance in
terms of return remained 50:50. Currently, VRL Logistics'
issue has given 86%
return,
while
S y n g e n e
International's issue
has given 42%, PNC
Infra has given 49%,
Manpasand Beverages has given 32%
and INOX Wind has
given 29% return.
As against this
Monte Carlo is
traded at 30% discount, UFO at 15%,
Café Cofee Day at
15%, MEP Infra at
14%, Pennar Engg
at 6% discount. Now
all eyes will be on
InterGlob Aviation
and SH Kelkar. More
details are given in a
separate box.
BSE-SME IPOs
:- In Vikram Samvat
2071, a long queue
of SME issues was
witnessed. If the new
issues lined up are
taken into consider-
ation, the total SME issue number
TOP Gainers IPOs
would be 100 during one year.
In the last year, 41 SME issues
got listed on BSE-SME platform, of
Co. Name
Change (%)
which 23 got listed at premium, while
VRL Logistics
85.9 %
10 got listed at discount and 7 reSyngene Internationl 42.0 %
mained flat. Franklin Leasing's issue
PNC Infra
39.4 %
was withdrawn. 58% SME issues
Manpasand Bev.
32.2 %
have given positive return. Top
INOX
Wind
29.0
%
gainer is Majestic Research's issue
which has given 402%, while
TOP Losers IPOs
Raghuvansh Agrofarms has given
272%, Athena Construction has
Co. Name
Change (%)
given 180%, A.G.Infra has given
Monte
Carlo
-30.4 %
137% and M.D. Inducto has given
UFO Moviez
-14.9 %
125% return.
Coffee Day Enterprise -14.6 %
On the other hand, Anchal Ispat
has given 65% negative return,
MEP Infra
-14.3 %
SSPN Finance has given 30, Funny
Pennar Engineered
-6.2 %
Software has given 30%, Anubhav
Infra has given 27% and PB Films
has given 20% negative return.
NSE-SME IPOs :- During the
year five SME issues entered the
Year
Total Fund Rising Worst
market using NSE-SME platform, of
which Perfect Engg is yet to get
IPO
(Rs. Cr.)
IPO
listed. Two IPOs are quoted at flat
2007 108 33946.22
4
rate. Thus, emerging market's per2008
39 18339.92
3
formance is poor.
2009
22
19306.58
1
PSU Disinvestment :- The gov2010
66 36362.18
2
ernment has raied Rs17,000 crore
2011
40
6043.57
3
in the first six months through disinvestment process of which 71% are
2012
27
6865.94
2
through equity which is Rs12800
2013
39
1645.87
2
crore. The government had
2014
47
1479.68
2
achieved more success last year
2015* 37
4535.94
0
and more money was raised. The
* 2015 : Figures of First half year
money raised in the first quarter of
the year was the highest
in the corresponding period of last seven years. Co.
Opening
Issue Time
It should be noted
Date
Amount
Subthat the government had
(Rs. Cr.) scribed
not sold any stake in any
Coal India
18-10-2010 15199.44 15.14
PSU during last year,
Reliance
Power
15-1-2008 10123.2 69.65
while in 2013-14 the govDLF
16-11-07
9187.5 3.23
ernment had raised
8-7-2009 6038.55 23.53
Rs1300 crore through NHPC
12-11-06 5788.79
1.0
divesting stake in six Cairn India
companies.
TCS
29-7-2004 5420.49 7.46
It should be noted NTPC
10-7-2004 5368.15 13.14
that the government had Bharti Infra
12-11-2012 4172.76 1.26
fixed the PSU disinvestAdani Power
28-7-2009 3016.52 17.8
ment target at Rs69,500
crore, which was thrice the amount India, 5% in NTPC and other half a
raised in last 12 months. Now, the dozen companies. The government
government has only five months to has revised the disinvestment target
achieve the target. Till now the gov- on the lower side and also appointed
ernment could raise only the one fifth a committee to expedite the process.
Tax Free Bonds :- RBI has cut
of the target set.
The government plans to divest the interest rate so the companies
10% stake in Coal India, 10% in Oil have also decreased the fixed deposit rates. More cut is in offing. In
TOP Gainers
such scenario the government's tax
free bonds are getting good reBSE SME IPOs
sponse.
PSU
Disinvestment
PSU
IOC
PFC
DCIL
Fund Rising
9396 Cr.
1610 Cr.
53 Cr.
8th November to 21st November 2015
2015 : Lucky Year
for IPO Market
IPO size more than Rs. 3000 Cr.
Co. Name
Change (%)
Majestic Research
402 %
Raghuvansh Agrofarms 272 %
Athena Construction 180 %
AGI Infra
137 %
MD Inducto
125 %
TOP Losers
BSE-SME IPOs
Co. Name
Anchal Ispat
SSPN Finance
Funny Software
Anubhav Infra
P. B. Films
Change (%)
-65.0 %
-30.0 %
- 28.6 %
-26.7 %
-20.0 %
(Cont. on P. No. 10)
Best Listing in 2015
Co. Name Offer
VRL Logistics 205
INOX Wind 325
Syngene
250
Navkar Corp. 155
Adlabs Ent. 180
Listing
294.10
438.40
310.55
167.95
192.65
Gain
43.5
34.9
24.2
8.4
7.0
Worst Listing in 2015
Co. Name Offer Listing Gain
Coffee Day 328
270 -17.5
Ortel Comm. 181 162.25 -10.4
Power Mech 640
586 -8.4
PNC Infra
378
360 -4.7
Pennar Engg. 178 169.90 -4.6
DIPAWALI
t
Primary Marke
Dilip K. Shah
During last few weeks, all eyes
were on three important things: Coffee
Day
listing,
Perfect
Infraengineering's SME IPO and
Kosmattam Finance's NCDs issue.
As the Diwali is approaching
Coffee Day IPO got listed at 17% discount; Investors receives a great jolt
IndiGo IPO will get listed on November 13/16 and will create high volatility
SH Kelkar's public issue might get listed at premium level on November 17
Kosmattam Fin's NCDs issue got robust response; Got 131% subscription
SH Kelkar's price might be fixed at Rs180: Four out of seven applicants might get shares in retail category
Grey Markets Premium
IPOs Name Offer Price
(Rs.)
InterGlobe
765.00
S.H. Kelkar 173 to 180
Premium
(Rs.)
30 to 32
20 to 22
Latest IPO Premium of Grey Market refer everyday
our Website www.smartinvestment.in
Don't subscribe IPO only on the basis of Grey premium.
Before Investing check the fundamentals of IPO
price of Rs23 to raise
Rs5.77 crore fund. The
lead manager was Key'
Knot and SIDBI, while
registrar was Karvy
COmputershares. The issue will get listed on NSESME Emerging platform.
NCDs issues :- Last
week
Kosmattam
Finance's issue opened
in the debt market. Rs115
Coffee Day IPO listing is the worst listing in four years
Ahmedabad-based Infibeam might enter into the market after Diwali
IndiGo offer price fixed at Rs765: Full and firm allotment in retail category
Gail and British Gas' joint venture company Mahanagar Gas will file DRHP with SEBI for IPO
crore issue with shelf limit of Rs230
crore issue opened on October 16.
The detail was published in last edition of Smart Investment. The company has got 131% subscription as
against base price of Rs150. It may
get close ahead of scheduled closing date of November 26.
* Upcoming listing :- After vacation of Diwali issues of IndiGo and
SH Kelkar will get listed. All eyes will
be on these two issues.
nearer, the primary market may witness slowdown. However, after
Diwali Indio and SH Kelkar's issue
will get listed between November 16
and 21 making the market vibrant.
Moreover, Infibeam's IPO may also
enter into the market after Diwali.
Coffee Day Enterprise:- Coffee Day Enterprise that operates biggest coffee chain of India Café Coffee Day (CCD) got listed on November 2. As against offer price of Rs328
the stock got listed at 17% discounted rates giving a big jolt to the
investors. This is the worst ever listing in last four years.
Coffee Day (539436) :- As
against offer price of Rs328, the
stock got listed at Rs313 and
reached intraday low of Rs266 before closing at Rs270.95. The stock
closed at Rs275.90 on November 5.
What next in CCD :- Before the
IPO got open for subscription, in this
column of 'Smart Investment' we
have advised the investors to keep
distance from the issue as the issue
was risky. We had correctly predicted that the issue will get listed
with discounts. Even if you have
made a mistake, now is the time to
off load the stock with every little
upward movement in the stock
prices. If you can wait for one or two
years, hold on.
SME IPO :- Last week only Perfect Infraengineers IPO entered into
the market. It issue offering 25.08
lakh shares with face value of Rs10
opened on October 30 and closed
on November 4. The company fixed
Listing Information of
Coffee Day Enterprise
Kosamattam Fin
NCDs Subscribed
BSE Code
539436
Listing Date
2-11-2015
Offer Price
Rs. 328.00
Listing Price
Rs. 313.00
Listing Day High Rs. 318.00
Listing Day Low Rs. 266.00
Listing Day Close Rs. 270.15
CMP (5-11-2015) Rs. 275.90
Category
Series1
Series2
Series3
Series4
Series5
Series6
Series7
Series8
Total
9
ISSUE
Qty.
1,21,421
1,92,985
3,63,670
3,39,749
2,09,106
59,909
69,665
1,49,797
15,06,302
Date : 5-11-2015
Issue Size = 11,50,000 (100%)
BSE - Quantity : 15,06,302
(130.98%)
8th November to 21st November 2015
InterGlob Aviation (IndiGo) :Rs 3018 crore issue with offer price
of Rs 700 to Rs765 opened on October 27 and closed on October 29.
(Cont. on P. No. 10)
DIPAWALI
10
Senior Astrologer
Dharmesh Joshi
Mob. : 9909941816
E-mail :
[email protected]
09-11-2015 Monday :- " The stock market will be operating for only 3
days during this week, hence you should avoid taking a long position. " Four
planets - the Moon, Venus, Rahu and Mars will be in conjunction today. " Avoid
trading during the first 20 minutes from the Opening time - today and tomorrow,
advises Ganesha.
" Today, from 9:35 to13:15, Nifty shall strive hard to
maintain its strength. " Between 13:15 to 15:00, Nifty may pass time on the soft
side. " Short covering is foreseen during the last 30 minutes of the trading day.
10-11-2015 Tuesday :- " The Sun, Moon and Mercury will be in
conjunction, in the Libra Sign today. " Today, the time frame between preopening to 9:40 may be very crucial. Hence, you should totally avoid trading at
Nifty during this period. " From 9:40 to 11:40, Nifty shall go up " Between 11:40
to 12:40, Nifty may hardly move, and remain around the same level, within a
small range. " Nifty may witness an astrological bounce from 12:40 to 13:10, for
a very short time-period. Hence, the Nifty trend may be unreliable/unpredictable, during this time. " Between 13:10 to 14:40, Nifty may be towards a downward trend. " From 14:40 to 15:30, Nifty stock prices shall have slight positive
movement.
11-11-2015 Wednesday :- " Only Muhurat trading will be done today, due to Lakshmi Pujan-Diwali. " Avoid dealing in the stock market today.
Instead, just buy some stocks during the auspicious time (Muhurat), and worship Goddess Lakshmi.
12-11-2015 Thursday :-
" The stock market will be closed
today on account of Diwali Balipratipada.
13-11-2015 Friday :- " The GaneshaSpeaks team and Dharmesh
Joshi wishes you a Very Happy Diwali and a Prosperous New Year. We also
wish that Lord Ganesha bestow you with his kind blessings, and may all the
planets, constellations, stars favour you during the forthcoming year - Vikram
Samvat 2072. " The stock market was closed during the last 2 days, and it will
also remain closed for the next 2 days. Hence, avoid taking a long position
today. "The Moon and Saturn are degreecally aligned together today, which
may weaken the Moon's positive influence. Subsequently, the overall stock
market movement may be slow today. " Today, from Opening to 12:50, the
Nifty trend may resemble an electric wave pattern, which might be boring. Hence,
you should reshuffle your position accordingly. " At around 12:50, Nifty shall
move upwards, step by step, and thereafter become steady around the closing
time of the trading day.
Terrific Shots
Adani Ports (Rs. 284.00)
(Code: 532921) :- The shares of this
A group listed ports company have
face-value of Rs. 2. The share touched
a 52-week high of Rs. 374 and low of
Rs. 266. Adani Ports is seen benefitting immensely from the government's
Sagarmala project to develop coastal
areas. Government has already allocated Rs. 70,000 crores for 12 ports
under the project. After acquiring
Dhamra port in Odisha last year, company recently bagged the contract to
develop Vizhinjam port in Kerala. It
has slowly reduced its dependence on
Mundra Port and has focused on a diversified port portfolio. In the last five
years, company's top-line has grown
at a CAGR of 25%, while EBIDTA and
net profit have risen by 24.6% and
20.13% respectively. For September
quarter, its net profit jumped 16% to
Rs. 667 crores. On a consolidated
basis, income rose 6% from Rs. 1868
crores to Rs. 1986 crores. EBIDTA for
the quarter rose 7% from Rs. 1261
crores to Rs. 1349 crores. RBI has
allowed foreign investors to hold up
to 40% in APSEZ. Trading at a forward PE multiple of 23.8, the stock can
give attractive returns in the new year.
Astra Micro (Rs. 129.00)
(Code: 532493) :- The shares of this
B group listed defence segment company have face-value of Rs. 2. The
share touched a 52-week high of Rs.
165 and low of Rs. 100. The company
had entered the capital market in 1995
and issued shares of face-value Rs.
10 at Rs. 60 per share. An investor
who would have put Rs. 6,000 in the
IPO, would today hold 3,000 shares.
The value of these shares would today be Rs. 3,96,000. Long-term investors in the company would definitely
have seen their wealth multiplying.
The company also has a strong dividend paying track record. For the September 2015 quarter, it reported income of Rs. 106 crores and net profit
of Rs. 18 crores. For the first half, the
- Dilip K. Shah
figures stand at Rs. 200 crores and
Rs. 23 crores respectively. Company's
order book stands at Rs. 544 crores.
It also boasts of strong fundamentals.
Quoting at a forward PE of 19.4, the
stock is very attractively priced at current levels.
HDFC Bank (Rs. 1079.00)
(Code: 500180) :- HDFC Bank is
among the most famous companies
in India and is also the largest private
sector bank in terms of market valuation. The bank started operations in
1995, but has grown in an unprecedented manner, creating a lot of
wealth for its shareholders. The bank
has more than 4,000 branches and
11,766 ATMs. Even when the whole
banking system is facing NPA pressure, HDFC Bank has continued to do
well. For September quarter, its income went up from Rs. 11,847 crores
to Rs. 14,772 crores, while net profit
has increased from Rs. 2381 crores
to Rs. 2869 crores. For the first half of
the fiscal, it has reported income of Rs.
28,813 crores, while net profit is Rs.
5,565 crores. The bank's gross NPA
has come down from 1% to 0.91%,
whereas net NPA has fallen from
0.30% to 0.25%. The share touched
a 52-week high of Rs. 1,128 and low
of Rs. 893. A favourite of FIIs, the stock
is very attractively priced and can give
very good returns in the long term.
MT Educare (Rs. 136.00)
(Code: 534312) :- The company
runs tuition classes, and is quite well
known in Maharashtra and Karnataka.
It is now expanding to Gujara and
other states. The shares of the B group
listed company have face-value of Rs.
10. The share touched a high of Rs.
150 and low of Rs. 96. FIIs have been
on a buying spree in the company
since its listing. FII stake in MT
Educare has increased from 11.38%
in March 2014 to 23.84% in September 2015. Company's equity is Rs.
39.79 crores, while its reserves stand
at Rs. 86 crores. For June quarter, its
ISSUE-2015
INVESTMENT
Nifty has strong support around 7910 level
Nifty (7954) :- For next week
nifty has strong support around 7910
level, break with volume will take it to
7850---7790 level. On the upper side
it has strong hurdle at 8035level, cross
over with volume will take it to 8110--8145 levels.
Bank Nifty (17086) :For next week BANK NIFTY has
strong support around 16910 level,
break with volume will take it to 16760--16650 level. On the upper side it has
strong hurdle at 17235 level, cross
over with volume will take it to 17450--17670 levels.
KEI Industries (517569 & NSE)
(103.5) :- It has reported mind-blowing numbers in H1FY16. Net sales
zoomed to Rs.1129.95crore against
Rs.897.70crore while net profit
zoomed 111.24% to Rs.27.06crore
against Rs.12.81crore. In September
Quarter IDFC Mutual Funds have
bought 7.14% & L&T Mutual Funds
have bought 3.75% stake in this company. Stock is looking hot for invest-
Investment
Ideas
ment. One can buy this stock
keeping stop loss of Rs.90. On
the upper side stock will zoom up
to Rs.130 & there after Rs.170
levels in SAMVAT 2072.
Precision Wires (523539 &
NSE) (138.00) :- Company has
reported fantastic numbers in Q2FY16
& H1FY16. Net profit zoomed by 60%
to Rs.4.51crore in Q2FY16 while profit
zoomed to 57% to Rs.8.73crore in
H1FY16. It has declares 25% interim
dividend for FY16. Stock is looking
explosive at current level. One can
invest with stop loss of Rs.125. On the
upper side stock will zoom up to
Rs.175 levels while can cross Rs.200
levels in SAMVAT 2072.
Tanla Solutions (532790 & NSE)
(30.50) :- Tanla solution is the leading provider of mobile payments and
rights management solutions. Mobile
payment on the rise in India which is
positive for this company. It has re-
Stocks of the Year
- Pratit Patel (9998881112)
ported fantastic numbers in Q2FY16
& H1FY16. For Q2FY16, it has reported sales of Rs.106.68crore
against Rs.49.99crore in corresponding quarter of previous year. While it
has recorded net profit of Rs.4.10crore
against loss of Rs.1.85crore. For
H1FY16, it has reported sales of
Rs.209.18crore against Rs.90.21crore
while profit after tax has gone up to
Rs.7.23crore against loss of
Rs.4.72crore. One can invest in this
stock keeping stop loss of Rs.26. On
the upper side stock will zoom up to
Rs.38 levels in medium term while it
can zoom up to Rs.50 levels SAMVAT
2072. Its all-time high rate is Rs.410.
Banswara Syntex (Rs. 87.30) (Code : 503722 & NSE) :- BanswaraSyntex Ltd. manufactures staple,
acrylic and blended yarns. The Company produces blends of viscose staple fiber, polyester staple fiber, acrylic staple
fiber, lycra, cotton, linen and wool. It has an equity base of just Rs.16.43crore that is supported by reserves of around
Rs.204.11crore. The Promoters hold 59.10% while FIIs hold 12.46% stake in the company. It has book value of Rs.132
per share. For Q2FY16, It has reported sales of Rs.325.39crore against Rs.321.46crore in corresponding quarter of
previous year. However profit has tax flared up YoY85% to Rs.5.41crore, translating into EPS of Rs.3.19. It is regular
dividend paying company & paid 10% dividend for FY15. Stock is looking safe & strong at current level. Investors can
watch this stock keeping stop loss of Rs.75. On the upper side stock will zoom up to Rs.115 levels in medium term while
it can zoom up to Rs.150 levels in SAMVAT 2072. It's all-time high rate is Rs.205. Sangam India whose rate was Rs.70
in May-2015 & zoomed to Rs.290 in October 2015. BSL's products are same like SANGAM INDIA.
IVP LTD (Rs. 93.00) (BSE Code : 507580& NSE) :- IVP Limited is a diversified manufacturing
company. The Company's products include vanaspati, edible oils, industrial chemicals, foundry chemicals, advanced
ceramics, and spark plugs. The Company sells its products in India and abroad. It has an equity base of Rs.10.33crore
that is supported by reserves of around Rs.43.33crore. It is almost debt free company. The Promoters hold 70.86%
while the investing public holds 27.66% stake in the company. For Q2FY16, IVP has reported sales of Rs.39.97crore.
However profit has tax flared 118.7% to Rs.3.04crore against profit of Rs.1.39crore. For H1FY16, IVP has reported
sales of Rs.81.57crore while profit after tax has gone up 163% to Rs.6.18crore. H1FY16 EPS stood at Rs.5.98. It has
paid 20% dividend for FY15. Stock is trading at PE ratio of just 9. Stock is looking safe & strong at current level.
Investors can watch this stock keeping stop loss of Rs.75. On the upper side stock will zoom up to Rs.115 levels in
medium term while it can zoom up to Rs.145 levels in SAMVAT 2072.
Modison Metals (Rs. 44.10) (BSE Code : 506261) :- Modison Metals Limited manufactures and
sells electrical contacts for low, medium, and high voltage switchgear industries in India and internationally.The company was founded in 1965 and is headquartered in Mumbai, India. It has an equity base of just Rs.3.25crore that is
supported by reserves of around Rs.93.75crore. The Promoters hold 51.57% while the investing public holds 48.28%
stake in the company. For Q2FY16, It has reported sales of Rs.43.11crore against Rs.45.83crore in corresponding
quarter of previous year. However profit has tax flared up YoY 27.79% to Rs.3.31crore, translating into EPS of Rs.1.02.
For H1FY16, It has reported sales of Rs.82.84crore against Rs.83.27crore while profit after tax has gone up 55.52% to
Rs.4.93crore. H1FY16 EPS stood at Rs.1.52. Company had reported Rs.4.60crore profit in FY15 which is delivered in
H1FY16 only. Stock is trading at P/E multiple of just 23. It has paid 75% (0.75 paisa) dividend for FY15. Stock is
looking safe & strong at current level. Investors can watch this stock keeping stop loss of Rs.38. On the upper side
stock will zoom up to Rs.65---68 levels in medium term while it can zoom up to Rs.85---90 levels in 15-18 months. Its
all-time high rate is Rs.75. Stock can deliver mind-blowing returns in SAMVAT 2072…
WHO WANT TO GET BEST MUHART BUY, SEND NAME, CITY, MOBILE NUMBER, EMAIL BY SMS ON 93755
84846 OR SEND EMAIL ON [email protected]. SENDER WILL GET BEST MUHRAT BUY
THROUGH SMS IN SHORT & IN DETAILS BY EMAIL.
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.
income went up from Rs. 54.29 crores
to Rs. 74.84 crores. However, net
profit declined from Rs. 7.64 crores to
Rs. 6.03 crores. The company's profits are under pressure due to expansion, but it has managed to retain its
top position. It also has a strong track
record of dividend payout. The stock,
a favourite of FIIs, is very attractively
valued, and can give very good returns
in the long term.
Bharat Forging (Rs. 861.00)
(Code: 500493) :- The shares of this
Baba Kalyani group company are
listed in the A group and have facevalue of Rs. 2. The share touched a
high of Rs. 1,362 and low of Rs. 810.
Many fund managers and FIIs are
bullish on the stock. The company
makes forging projects for automobile,
power, oil & gas, rail, marine, aerospace, and other segments at its
plants in India, China and Europe.
Company's equity is Rs. 46.57 crores,
as against which it has reserves of Rs.
3,397 crores. Promoter holding in the
company is 46.74%, FII holding
18.04%, DII 3.87% and public holding
is 21.35%. In the first half of FY 2016,
its standalone income has increased
from Rs. 2126 crores to Rs. 2245
crores, while profit has gone up from
Rs. 319.46 crores to Rs. 370.38
crores. The EPS for the period is just
under Rs. 16. The stock has corrected
sharply in the last four months and is
trading near 52-week lows. Fundamentally, the stock is quoting at very
attractive levels, and provides a strong
opportunity for long-term investment.
The stock can be a best buy for
Samvat 2072.
News Track
Financial portal "5nance.com" launched
Innovage Fintech Private Limited, set up as a 'Financial Tech Startup', announced
the launch of true blue financial portal '5nance.com'. 5nance.com empowers its
clients to take complete charge of their finances and achieve their short and long
term financial goals, by providing them direct, impartial, comprehensive, researchbased and structured financial insights. 5nance.com, with its innovations in the technological applications, helps its customers to effectively manage their money and
build their portfolio for their entire lifecycle. On the occasion of the launch, Mr. Ajay
A Singh, Founder Director, 5nance.com said, "We started 5nance.com to drive positive transformation of financial lives for individuals across all segments. Our platform is one of the most sophisticated wizards ever created in the financial space,
delivering personalized solutions while covering multiple asset classes as well as
liabilities." Mr. Dinesh Rohira, Founder & CEO, 5nance.com shared that, "Personalized Automated Advisor, will be an unbiased advisory service provided exclusively
to our clients, considering clients' specific goals and optimizing investments in due
consideration of their respective risk appetites. The use of smart technology enables us to reach our clients through the secured channels of their choice."
8th November to 21st November 2015
DIPAWALI
INVESTMENT
ISSUE-2015
11
In Samvat 2071.....
List of Right Issue, Bonus Issue, Split & Name Change
Bonus Details
Dilip Davda
e-mail : [email protected]
Dilip Davda is having stock market attachment since
1976 and has contributed to many financial media that
includes print and electronics. He is contributing to Free
Prress, Janmabhoomi, Vyapar, Corporate India etc. on
stock markets and is a visiting stock analyst for Zee Biz.,
DD News, TV 9 etc.
Right Issue (Samvat 2071)
Company
Premium
(Rs.)
Ashima
0
IL&FS Trans &
80
Hydro S & S Inds
260
Universal Cables
41
Everlon Synthetics
0.3
Deccan Gold Mines
16
Vascon Engineers
5
Mack Trading
0
Tata Mot.- DVR
269
Tata Motors
448
Zee Media Corpn.
17
GMR Infrastructure
14
St.Bk of Travancore 390
Can Fin Homes
440
Yash Trading&Finance 0
Tumus Electrical
0
Channel Nine
0
PANTALBDVR
101
Offer Proportion
(Rs.)
10
24:10:00
90
1:03
270 578 : 1000
51
1:02
1.3
6:07
17
1:02
15
14:19
10
2:05
271 0.3256944
450 0.3256944
18
3:10
15
3:14
400
1:05
450
3:10
10
2:01
10
9:10
10
1:02
103
5:08
Record
DAte
02-Nov-15
08-Oct-15
24-Sep-15
18-Sep-15
09-Sep-15
05-Sep-15
24-Jun-15
22-May-15
08-Apr-15
08-Apr-15
17-Mar-15
12-Mar-15
04-Mar-15
27-Jan-15
19-Dec-14
19-Dec-14
21-Nov-14
19-Nov-14
Ex-Rights
Date
30-Oct-15
07-Oct-15
22-Sep-15
16-Sep-15
07-Sep-15
03-Sep-15
23-Jun-15
21-May-15
06-Apr-15
06-Apr-15
16-Mar-15
11-Mar-15
03-Mar-15
23-Jan-15
18-Dec-14
16-Dec-14
20-Nov-14
18-Nov-14
Name Change in Samvat 2071
BSE Code
526576
506822
534920
523736
532784
530951
533298
534597
533122
532254
532884
526143
513605
532944
533562
533292
531364
532735
532172
526905
508929
537669
524332
590114
537392
536659
532368
531158
500032
531013
514336
531225
532820
503669
532960
523652
531907
526409
505336
533090
532543
513575
500295
400295
532341
524764
538611
513335
516110
Old Name
NATH SEEDS
M.P.POLYPROPYLENE
APTUS INDUSTRIES
Dhunseri Petrochem &
SOBHA DEVELOPERS
RAM INFORMATICS
SURANA VENTURES
INDIABULLS Infra
INDIABULLS POWER
POLARIS FINANCIAL
REFEX REFRIGERANTS
MILTON PLASTICS
LANCO INDUSTRIES
ONMOBILE GLOBAL
ONMOBILE GLOBAL
A2Z MAINTENANCE &
CHOICE INFRA VENTURES
R SYSTEMS INTERNATIONAL
COLOR CHIPS (INDIA)
NILCHEM INDUSTRIES
JOY REALITY
Si. Vi. Shipping Corporation
BHATINDA CHEMICALS -$
Naolin Enterprises
Naolin Enterprises Ltd
Thirthankar Infra Ltd
Ybrant Digital
CATVISION PRODUCTS
BAJAJ HINDUSTHAN
SUN GRANITE EXPORTS
FINE PLAST POLYMERS
FRONTIER INFORMATION
MUDRA LIFESTYLE
KUBERKAMAL INDUSTRIAL
INDIABULLS SECURITIES
KALPENA PLASTIKS
DENIM ENTERPRISES
KALPENA INDUSTRIES
MIRCH TECHNOLOGIES
EXCEL INFOWAYS
SAH PETROLEUMS
STERLING STRIPS
Sesa Sterlite
Sesa Sterlite Ltd
LOGIX MICROSYSTEMS -$
NUTRAPLUS PRODUCTS
Real Touch Finance Ltd
AHMEDNAGAR FORGINGS
Count N Denier (India) Ltd
New Name
TECHINDIA NIRMAN
Aikyam Intellectual Property
COVIDH TECHNOLOGIES
Dhunseri Petrochem
Sobha
RAMINFO
Surana Solar
RattanIndia Infrastructure
RattanIndia Power
Polaris Consulting &amp
Refex Industries
MPL Plastics
Srikalahasthi Pipes
OnMobile Global
OnMobile Global
A2Z Infra Engineering
Aqua Pumps Infra Ventures
R Systems International
Sphere Global Services
Padmanabh Industries
Joy Realty
Siddhi Vinayak Shipping
BCL Industries and Infra
Taaza International
Taaza International
PVV Infra
Lycos Internet
Catvision
Bajaj Hindusthan Sugar
Sun Granite Export
SSK Lifestyles
Frontier Informatics
E-Land Apparel
K K Fincorp
Indiabulls Ventures
Kkalpana Plastick
Divine Entertainment
Kkalpana Industries (I) Ltd
Mirch Technologies (I) Ltd
Excel Realty N Infra
GP Petroleums
Sterling Powergensys
Vedanta
Vedanta
IZMO
Nutraplus India
Real Touch Finance
Metalyst Forgings
Scandent Imaging
W.E.F.
31-Oct-14
05-Nov-14
12-Nov-14
12-Nov-14
18-Nov-14
19-Nov-14
19-Nov-14
20-Nov-14
20-Nov-14
02-Dec-14
02-Dec-14
12-Dec-14
17-Dec-14
23-Dec-14
23-Dec-14
31-Dec-14
01-Jan-15
06-Jan-15
22-Jan-15
22-Jan-15
10-Feb-15
10-Feb-15
11-Feb-15
13-Feb-15
13-Feb-15
13-Feb-15
16-Feb-15
26-Feb-15
02-Mar-15
03-Mar-15
04-Mar-15
13-Mar-15
13-Mar-15
24-Mar-15
01-Apr-15
20-Apr-15
28-Apr-15
28-Apr-15
28-Apr-15
05-May-15
06-May-15
06-May-15
07-May-15
07-May-15
15-May-15
20-May-15
22-May-15
01-Jun-15
03-Jun-15
Company
Kothari Prod
All Cargo Logi
Mangal Credit
Record
Date
NA
NA
NA
Marico
NA
Marathon Next
NA
eClerx
NA
Bronze Infra
NA
Fairdeal Fila
31-Oct-15
Looks Health
30-Oct-15
Kavit Industries
26-Oct-15
Ruby Mills
24-Oct-15
Dhabriya Polywood 23-Oct-15
Tiger Logistics (I)
16-Oct-15
Vinaditya Trading Co 16-Oct-15
Captain Polyplast
10-Oct-15
Pincon Spirit
10-Oct-15
Shivam Autotech
10-Oct-15
Amines & Plastic
09-Oct-15
Alpine Hsg Dev. Corp 08-Oct-15
Coastal Corporation 01-Oct-15
Divis Lab
26-Sep-15
Apcotex Inds
24-Sep-15
Colgate Palmol. (I) 24-Sep-15
Bharat Electronics
15-Sep-15
Dewan Hsg Fin. Corp. 10-Sep-15
Elpro International 10-Sep-15
Tea Time
08-Sep-15
Damodar Inds.
03-Sep-15
PMC Fincorp
01-Sep-15
Anuh Pharma
06-Aug-15
MBL Infrastructures 29-Jul-15
Motherson Sumi Sys 25-Jul-15
Aurobindo Pharma
21-Jul-15
Maithan Alloys
16-Jul-15
Manvijay Devpt. Co 09-Jul-15
Federal Bank
09-Jul-15
Ex.Bonus
Date
NA
NA
NA
Ratio of
Bonus
*YTBA
1:01
5:01
NA
1:01
NA
1:02
NA
1:03
NA
1:03
29-Oct-15
1:10
28-Oct-15
3:04
23-Oct-15
1:03
21-Oct-15
1:01
21-Oct-15
1:04
15-Oct-15
3:02
15-Oct-15 47:01:00
08-Oct-15
1:08
08-Oct-15
1:01
08-Oct-15
1:01
08-Oct-15
1:01
06-Oct-15
1:01
29-Sep-15
1:01
23-Sep-15
1:01
23-Sep-15
1:01
23-Sep-15
1:01
14-Sep-15
2:01
09-Sep-15
1:01
08-Sep-15
2:01
28-Aug-15
93:200
02-Sep-15
1:04
31-Aug-15
1:01
05-Aug-15
2:01
28-Jul-15
1:01
23-Jul-15
1:02
20-Jul-15
1:01
15-Jul-15
1:01
08-Jul-15
1:01
08-Jul-15
1:01
(Samvat 2071)
Company
Record
Date
Kotak Mahindra Bank 09-Jul-15
Relaxo Footwears
02-Jul-15
SRS
26-Jun-15
Lancor Holdings
25-Jun-15
C Mahendra Exports 19-Jun-15
Infosys
17-Jun-15
Visagar Polytex
30-May-15
Compuage Infocom 27-May-15
Chankya Invest
06-May-15
Insecticides India
17-Apr-15
Piccadily Agro Inds 07-Apr-15
VA Tech Wabag
27-Mar-15
VHCL Industries
27-Mar-15
Aarti Drugs
25-Mar-15
Tech Mahindra
20-Mar-15
HCL Tech.
20-Mar-15
RaiSaheb RMohota 17-Mar-15
Aarya Global Shares 12-Mar-15
Persistent Systems 11-Mar-15
SVP Global Ventures 05-Mar-15
Fineotex Chemical 13-Feb-15
Trilogic Digital
12-Feb-15
Delton Cables
27-Jan-15
SRS Real Infra
14-Jan-15
Minda Corporation 06-Jan-15
MD Telefilms
02-Jan-15
Simplex Trading
26-Dec-14
KK Fincorp
12-Dec-14
Infosys
03-Dec-14
Global Infratech
17-Nov-14
Nitin Fire Protectn 15-Nov-14
Vikas GlobalOne
15-Nov-14
Ex.Bonus
Date
08-Jul-15
01-Jul-15
25-Jun-15
24-Jun-15
18-Jun-15
15-Jun-15
28-May-15
26-May-15
05-May-15
16-Apr-15
06-Apr-15
26-Mar-15
26-Mar-15
24-Mar-15
19-Mar-15
19-Mar-15
16-Mar-15
11-Mar-15
10-Mar-15
04-Mar-15
12-Feb-15
11-Feb-15
23-Jan-15
13-Jan-15
05-Jan-15
01-Jan-15
24-Dec-14
11-Dec-14
02-Dec-14
14-Nov-14
13-Nov-14
13-Nov-14
Ratio of
Bonus
1:01
1:01
1:01
1:01
1:01
1:01
10:01
3:05
3:01
1:02
1:01
1:01
3:01
1:01
1:01
1:01
1:06
3:04
1:01
9:01
1:01
1:01
2:01
1:01
1:01
1:01
9:01
3:01
1:01
1:10
1:03
3:02
* YTBA= Yet to be announced
Stock Split Details (Samvat 2071)
Company Name
Recored
Date
Infronics Systems
Angels Enterprises
Mahavir Industries
Kesar Petroproducts
Diligent Industries
Quasar India
Mahadushi Internatl.
Sarla Perform. Fibre
Lambodhara Textiles
Mudunuru
Bata india
Cadila Healthcare
Ojas Asset Reconst.
Alankit
Samtex Fashions
Urja Global
Aegis Logistics
Kushal Tradelink
ITD Cementation
Signet Industries
Kausambi Vanijya
Matrimony.Com
High Ground Enter
BCPL International
JMT Auto
Alkem Laboratories
Asis Logistics
Fineotex Chemical
Sunstar Realty
Rollatainers
Elpro International
Kkalpana lnds. (I)
Shri Mahalaxmi Agri
Rasi Electrodes
Vishal Bearings
Titagarh Wagons
Indag Rubber
Pitti Laminations
Arnold Holdings
Kotak - MF - Gold ETF
Menon Bearings
Millenium Online
KSS
Rajlaxmi Industries
Kansai Nerolac Paint
Granules India
Ajanta Pharma
Tech Mahindra
Monotype India
05-Nov-15
03-Nov-15
02-Nov-15
30-Oct-15
30-Oct-15
29-Oct-15
29-Oct-15
29-Oct-15
15-Oct-15
15-Oct-15
07-Oct-15
06-Oct-15
05-Oct-15
23-Sep-15
22-Sep-15
16-Sep-15
16-Sep-15
03-Sep-15
21-Aug-15
17-Aug-15
14-Aug-15
05-Aug-15
16-Jul-15
02-Jul-15
25-Jun-15
16-Jun-15
12-Jun-15
11-Jun-15
04-Jun-15
04-Jun-15
04-Jun-15
21-May-15
18-May-15
11-May-15
11-May-15
23-Apr-15
23-Apr-15
16-Apr-15
16-Apr-15
13-Apr-15
09-Apr-15
30-Mar-15
30-Mar-15
27-Mar-15
26-Mar-15
23-Mar-15
20-Mar-15
19-Mar-15
16-Mar-15
F.V.
From
(Rs.)
5
1
10
10
10
1
1
10
10
10
10
5
10
10
10
10
10
10
10
10
10
3
10
10
10
10
100
10
10
10
10
10
10
10
100
10
10
10
10
100
5
10
10
10
10
10
5
10
10
8th November to 21st November 2015
F.V.
To
(Rs.
10
10
5
1
5
10
10
1
5
2
5
1
1
2
2
1
1
2
1
1
1
5
1
1
2
2
1
2
1
2
2
2
5
2
10
2
2
5
2
10
1
1
1
1
1
1
2
5
1
Company Name
Recored
Date
Syngene International
Aplaya Creations
Prabhat Dairy
Junction Fabrics
Channel Nine
Hikal
Amines & Plastic
Grandma Trdg.&Agency
Bala Techno Global
HPC Biosciences
Yamini Investments
Zyden Gentec
Quasar India
Esteem Bio Organic
Him.Fibre
Poly Medicure
Tata Coffee
Bank Of Baroda
Corporation Bank
RS Software (India)
Franklin Lsg.&Fin.
Berger Paints India
Eco Friendly Food
Hathway Cable & Data
Minda Corporation
Potential Investment
Omansh Enterprises
Siddarth Businesses
Info-Drive Software
PNB
Angels Enterprises
JK Tyres & Inds.
Syschem (India)
ICICI Bank
Godfrey Phillips
Roto Pumps
Classic Global
Surana Solar
Surana Telecom
Zen Technologies
Excel Castronics
Sanguine Media
SBI
Surya Marketing
NCL Research & Fin
Achal Investments
Shivam Autotech
GCM Securities
Kridhan Infra
16-Mar-15
11-Mar-15
09-Mar-15
05-Mar-15
02-Mar-15
27-Feb-15
27-Feb-15
26-Feb-15
25-Feb-15
20-Feb-15
18-Feb-15
18-Feb-15
12-Feb-15
11-Feb-15
09-Feb-15
02-Feb-15
23-Jan-15
22-Jan-15
22-Jan-15
21-Jan-15
10-Jan-15
08-Jan-15
08-Jan-15
06-Jan-15
05-Jan-15
31-Dec-14
24-Dec-14
24-Dec-14
24-Dec-14
18-Dec-14
18-Dec-14
18-Dec-14
12-Dec-14
04-Dec-14
28-Nov-14
27-Nov-14
27-Nov-14
25-Nov-14
25-Nov-14
21-Nov-14
20-Nov-14
20-Nov-14
20-Nov-14
18-Nov-14
17-Nov-14
12-Nov-14
30-Oct-14
28-Oct-14
27-Oct-14
F.V.
From
(Rs.)
5
10
1
100
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
100
2
10
10
10
10
10
10
10
10
10
10
1
10
10
10
10
10
5
10
10
10
10
10
10
10
10
10
10
F.V.
To
(Rs.
10
1
10
10
1
2
2
1
1
1
1
2
1
1
1
5
1
2
2
5
10
1
1
2
2
2
2
1
1
2
1
2
10
2
2
2
1
5
1
1
2
1
1
1
2
1
2
1
2
12
DIPAWALI
News Track
Smart Super Duper (Continued from Page No. 5)
media and entertainment companies of the country which is the world's biggest producer of Hindi Programming. It has more than 10,000 hours content of
television programmes and more than 700 million viewers across the world. It also
has regional channels like Zee Marathi, Zee Telugu, Zee Kannada, ETC, Zee Tamiz
to name a few. As against equity of Rs96 crore the company has reserves of
Rs3434 crore. The promoters hold 43.07%, FIIs hold 48.39%, DIIs hold 3.53% and
public hold 5.01% stake in the company. In first six months of FY2016, the company's
income increased from Rs2172.88 crore to Rs2724.76 crore, while profit increased
from Rs438.12 crore to Rs491.16 crore. The company may achieve topline of
Rs5000 crore and bottom line of Rs1000 crore in the current financial year. The
company may get benefitted from digitization in the country. The stock may go up
from the current level at may touch Rs500 level in new year.
Apollo Tyres (500877) (Rs.159) :- The biggest tyre manufacturing company of the country has presence in African and European countries. As against
equity of Rs50.91 crore the company has reserves of Rs4988.27 crore. The promoters hold 44.06%, FII hold 24.38%, DII hold 17.71% and public hold 13.85%
stake in the company. In FY 2015, the company's income decreased from
Rs13411.98 crore to Rs12785.25 crore, while profit decreased from Rs1005.06
crore to Rs977.61 crore with EPS of Rs19.25. In September quarter the company's
income decreased from Rs3315.25 crore to Rs2995.25 crore while profit decreased from Rs257.94 crore to Rs278 crore with EPS of Rs5.48. So the stock
prices tumbled after poor results in September quarter. In the first half of FY2016,
the company's income increased from Rs6562.8 crore to Rs5841.29 crore, while
profit increased from Rs485.89 crore to Rs569.34 crore with EPS of Rs11.18.
The EPS may go up to Rs23 by the end of the current financial year. CEAT and
MRF has touched new highs while this stock is being traded at bottom rates. The
replacement market and new product demand may boost the company's performance. It can be added in portfolio at downward movement in phased manner.
Kajaria Ceramics (500233) (Rs.855) :- The ceramic sector company
was set up in 1988, which produces vitrified tiles and has seven plants in states like
Andhra Pradesh, Gujarat, Rajasthan and UP. The company started its production
with one million square meter which has now touched 45.3 million square meter.
The company has given good return in last five years to its shareholders. The
promoters hold 47.18%, FII hold 23.25%, DII hold 5.18% and public hold 23.25%
stake in the company. DII holding stood at 1.35% in September 2014, which touched
to 5.18% in September 2015. Thus DII holding is increasing in the company. In
last seven years, the company's income has increased from Rs665 crore to Rs2187
crore, while profit has increased from Rs9 crore to Rs176 crore. The infrastructure
and housing sector is likely to witness a boom, so the stock is very attractive in long
terms for investment. In FY 2015, the company's income has increased from
Rs1840.04 crore to Rs2186.89 crore, while profit has increased from Rs124.22
crore to Rs175.6 crore with EPS of Rs22.74. In the first half of 2016, the company's
income has increased from Rs1044.47 crore to Rs1159.08 crore, while profit has
increased from Rs78.33 crore to Rs104.97 crore with EPS of Rs13.21. Considering the housing and infrastructure boom, the stock seems very attractive. The company has declared 200% dividend this year.
Omkar Spe (533317) (Rs196) :- The specialty chemical producing
company has reserves of Rs148 crore as against equity of Rs20.58 crore. The
promoters hold 66.34%, FIIs hold 7.01%, DIIs hold 4.58% and public hold
20.58% stake in the company. In FY2015, the company's income increased
from Rs240.28 crore to Rs265.13 crore while profit increased from Rs13.56
crore to Rs24.28 crore. In FY2015, the company's income increased from
INVESTMENT
SMART STOCK IDEAS
New Audi A6 Matrix - It just knows !
I have been always trying to drive
the Audi range of vehicles, ever since
its showroom opening a few years ago.
When I got this opportunity to drive the
all new Audi A6 Matrix in Ahmedabad -I
was just overwhelmed. Finally I will be
getting to drive the talk of town - the New
Audi A6 Matrix. The first thing that strikes
you about the car is its sophisticated
looks with gleaming Matrix LED lights. I was explained, what the Matrix LED
lights are all about. The company's progressive team has bundled Matrix LED
headlights with front and rear dynamic indicators. A bundle of 19 light emitting
diodes in each headlight paired with four reflectors producer the high-beam
light. The Matrix LED lights which are permanently on high beam, ideally illuminate the road ahead without dazzling other drivers by switching off individual
LEDs. This car is designed for athleticism and elegance, the Singleframe grille
at the front is wider, its six corners are more striking; the chrome struts provide
for even more elegance. The bumper has also been redesigned.
Dubbed as the world's most successful executive sedan more powerful,
intuitive and sophisticated it is has elegant proportions with dynamic lines.
The high quality Milano leather seats are electrically adjustable with the
driver side memory function, which come in three colors: Black, Beige and
brand new Nougat Brown. Co-driver seat electrically adjustable from the rear
for additional leg room. The interiors are ergonomically as well as aesthetically
designed for the superior driving comfort.
The car drove effortlessly as I pushed across every terrain, relishing every
moment of the drive, powering along the banks of the Sabarmati. Continuing
with Audi's dedication to safety, the new Audi A6 Matrix comes with eight airbags,
two of which are dedicated rear side airbags - a best in class feature.
So it made my drive even more comfortable with the thought of all these
features protecting the driver and passengers.
With our hot, semi-arid climate , which is mostly dry for most of the year,
the Audi A6 Matrix's four zone automatic air conditioning system cools efficiently. The efficient four zone automatic air conditioning system is standard
which is a boon for the dry, humid Ahmedabad summers.
The New Audi A6 Matrix was launched in August of this year. This beauty
is truly an updated version of one of the world's most successful executive
sedans. The new Audi A6 Matrix is the perfect symphony of business and luxury.
It is the product of relentless pursuit of perfection. It is built for the lifestyle that
flits from the corner office to the golf course to the private tarmac. I loved every
bit of the drive and left me craving for more.
ISSUE-2015
Attractive Blue Chip Stocks
Companies having 4000 Cr.+ M’Cap, Debt/Equity Ratio less than tow
5 Year ROE 20% Plus & PEG less than Two
Company
Adani Ports & SEZ
Ajanta Pharma
Atul
Britannia
Dr. Reddy
HCL Techno
Hexaware
Kajaria Cera.
Mind Tree
TCS
Torrent Pha.
Vakrangee
P/E
PEG
28.15
40.36
21.39
50.63
31.72
16.17
21.16
38.07
21.66
23.26
27.32
21.12
1.15
0.67
0.78
1.10
0.17
0.39
0.78
1.19
0.84
1.10
1.03
0.36
DebtEq.
Ratio
1.66
0.09
0.29
0.12
0.44
0.05
0.00
0.33
0.00
0.01
1.10
0.44
Int.
Coverage
Ratio
3.13
78.03
13.67
247.01
27.80
70.15
230.61
9.63
6909.0
253.41
6.37
7.53
RoE
EPS
avg Growth
5Y(%)
5Y(%)
24.22 24.55
32.82 60.22
21.69 27.52
49.88 46.12
24.40 190.88
31.02 41.19
23.91 27.02
28.09 32.07
27.51 25.84
41.57 21.21
32.26 26.48
22.41 58.58
Mkt.
Cap.
(Rs. Cr.)
67202
13268
4656
38716
72739
118321
7521
6975
11944
484033
25786
6982
Share
Price
16-10
325
1508
1570
3227
4264
841
249
878
1425
2476
1524
132
52 Week
High / Low
375-244
1720-660
1647-1034
3435-1321
4337-2883
1058-725
335-166
885-526
1605-967
2810-2348
1720-810
172-87
High Dividend Yield
Companies having higher return cushion against volatility and generate text free income
Company
Chambal Fertilizer
Gujarat Ind. Power
GMDC
GSFC
Hinduja Global
IDFC
Nalco
Neyveli Lignite
Power Finance
PTC India
RCF
REC
SJVN
Karnataka Bank
Tourism Fin.
P/E
PEG
8.16
9.21
7.38
7.00
6.56
6.49
8.52
8.45
5.24
9.60
9.77
4.65
6.24
5.66
8.37
2.51
4.44
3.93
2.21
1.38
4.51
1.87
1.91
0.32
0.52
1.79
0.22
0.51
0.40
0.81
Div.
Per
Shares
1.90
2.50
3.00
2.20
20.00
2.60
1.75
2.80
9.10
2.20
1.80
10.70
1.05
5.00
1.80
Dividend
Yield
(%)
3.21
3.11
3.87
3.18
4.25
4.32
4.36
3.45
3.76
3.27
3.50
4.16
4.01
3.79
3.01
Dividend
Pay Out
Ratio (%)
26.70
29.94
19.07
21.89
25.11
24.26
34.12
29.74
20.01
25.41
28.80
19.77
25.90
20.87
24.14
Avg. Div.
5 Y (%)
19.00
25.00
150.0
91.00
200
24.20
26.00
27.00
72.20
17.60
14.60
86.90
9.46
39.00
13.20
Mkt.
Cap.
(Rs. Cr.)
2466
1217
2466
2753
975
9596
10348
13623
31905
1991
2841
25393
10838
2486
482
Share
Price
16-10
59
80
78
69
471
60
40
81
242
67
52
257
26
132
60
52 Week
High / Low
77-54
94-66
160-61
125-61
699-407
188-60
64-28
98-65
316-185
105-50
75-40
371-211
27-22
158-108
96-40
Discount to Book Value
Companies having price 10% below the b/v. , RONW 10% plus,
debt/Equity less than 1.5, 5 years earning growth 10 % Plus
Company
Noida Toll Bridge
SBBJ
Great Eastern Ship.
Karnataka Bank
P/B
P/E
0.88
0.57
0.71
0.71
5.59
4.34
6.51
5.66
Expert’s Eye
(Continued from page 15)
Although it suffered a setback in
margins, its current order inflow is set
to turn the course. For the fiscal 201415 it posted net profit of Rs. 4764.82
crore on a turnover of Rs. 92004.58
crore. As on 30.09.15, equity capital
of Rs. 186.13 crore is supported by
free reserves of Rs. 41990 crore plus.
Scrip may be considered for medium
Rs240.28 crore to Rs265.13 crore,
while profit increased from Rs13.65
crore to Rs24.28 crore with EPS of
12.03. In first half of FY2016, the
company's income has gone up from
Rs120.3 crore to Rs191.73 crore,
while profit has gone up from Rs11.37
crore to Rs17.18 crore with EPS of
Rs8.34. The stock is being quoted at
attractive rate. It has witnessed a
strong correction with market going
down. But it has recovered well which
shows the interests taken by funds in
this stock. So the stock can be added
in the portfolio with every downward
movement. The company's market
cap is Rs411 crore at current market
rate.
PEG
Per
Shares
0.25
0.43
0.65
0.40
Dividend
Yield
(%)
12.02
2.77
3.00
3.79
Deb-Eq.
Ratio
(%)
0.04
1.26
0.88
0.31
RoE
(%)
16.14
13.67
10.54
14.03
to long term. It currently quotes around
Rs. 1377.40 against 52 week High/
Low of Rs 1893/1364, FV Rs. 2.
Amara Raja (BSE Code 500008)
:- This lead acid storage battery manufacturing company has posted net
profit of Rs. 244.66 crore on a turnover of Rs. 2295.88 crore for the FY16
H1 against net profit of Rs. 206.26
crore on a turnover of Rs. 2085.08
crore for corresponding previous period. For the fiscal 2014-15, it has
posted net profit of Rs. 410.86 crore
on a turnover of Rs. 4211.33 crore. As
on 30.09.15, equity capital of Rs.
17.08 crore is supported by free reserves of Rs. 1925 crore plus. Scrip
may be considered at declined level
for long term investment. It currently
quotes around Rs. 886.65 against 52
week High/Low of Rs. 1132/647, FV
Re. 1.
Syngene Intl. (BSE Code
539268) :- This CRM (contract research and manufacturing) sector
company has posted net profit of Rs.
95.93 crore on a turnover of Rs.
495.07 crore for the FY16 H1 against
net profit of Rs. 74.56 crore on a turnover of Rs. 380.48 crore for corresponding previous period. For the fis-
8th November to 21st November 2015
Mkt.
Cap.
(Rs. Cr.)
465
3612
5524
2486
Share
Price
16-10
25
516
366
132
52 Week
High / Low
38 - 23
714-444
422-327
158-108
cal 2014-15, it has posted net profit of
Rs. 174.96 crore on a turnover of Rs.
859.91 crore. As on 30.09.15, equity
capital of Rs. 199.06 crore is supported by free reserves of Rs. 744
crore plus. Scrip may be considered
at declined level for long term investment. It currently quotes around Rs.
353.60 against 52 week High/Low of
Rs. 385/295, FV Rs. 10.
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.
Above information is based on the details available as on date along with
market perceptions. Author has no holdings or plans to invest in any scrip referred above.
(Email:
[email protected] )
DIPAWALI
INVESTMENT
Stock Wave
Sarvesh Ashok Trivedi
(Mumbai) (Mob) 09820728124
w w w. c h a r t s a n ke t s t o c k . c o m
Stock market enters decisive phase
November 9 and 11 important turning dates
Dear Readers, "Happy New Year". May it will be a successful year on
personal and professional front.
BSE Index (26265.25) :- The index is moving downward from top of
26718.13. It shows highly oversold position on daily basis, overbought to neutral on weekly basis and towards neutral on monthly basis. November 9&11
are gain turning days on which high and low rates can be used for stop lose. On
upward movement, beyond 26545 it may go up to 26680, 26810 with resisting
level at 27060. On downward movement, below 26190 it may go down to 26125
and get support at 26050.
Nifty Future (7977.40) :- It is moving down from illusory top of 8723.85.
It shows highly oversold position on daily basis, overbought to neutral on weekly
basis and towards neutral on monthly basis. On upward movement, beyond
8060 it may go up to 8095, 8145 with resisting level at 8193. On downward
movement, it may go down to 26190 and get support at 7900.
Bank Nifty Future (17167.20) :- Having touched 18041, it may go down
further. It shows oversold position on daily basis, overbought to neutral on weekly
basis and towards neutral on monthly basis. On upward movement, beyond
17240 it may go up to 17300m 17390 and leave bearish outlook after 17540.
On downward movement, below 16981 it may get important supports at 16874
abd 16755.
Ashok Leyland (87.60) :- From top of 97.20 it is moving downward. It
shows oversold position on daily basis, overbought to neutral on weekly and
overbought on monthly basis. On upward movement, beyond 91.50 it may get
important resisting level at 93.50. On downward movement it may get important supports at 82 and 78.
Godrej Industries (392.15) :- Having touched 406.50, it is moving downward. It shows overbought to neutral position on daily basis, overbought on
weekly basis and neutral on monthly basis. On upward movement, beyond 393
it may go up to 398, 402 with resisting level at 406.50. On downward movement, below 384 shows weak position and below this level it may plunge to 375
and 371 with support at 367.
JSW Steel (873.50) :- From top of 939.80, it is moving down. It shows
highly oversold position on daily basis, overbought to neutral on weekly basis
and overbought to neutral on monthly basis. On upward movement, beyond
893 it may witness resistance level at 905. On downward movement, below
848 it may get support at 828.70.
Reliance Capital (409.90) :- From top of 428.30, it is moving down. It
shows highly overbought position on weekly and monthly basis. On upward
movement, beyond 417 it may get resistance at 428.30. On downward movement, below 408 it may go down to 404 and 393 with supports at 398 and 381.
Reliance (952.00) :- Having touched 975 level, the stock prices are softening. It shows overbought to neutral position on daily basis, overbought on
weekly basis and towards neutral on monthly basis. On upward movement,
beyond 943 it may go up to 951, 959 with resisting level at 975. On downward
movement, below 927 it may go down to 917 with support at 914.
-: Golden quote :Life is like a Camera, So face it with a Smile
Market is afraid of Bihar Results ?
Like award retours, investors and
traders are returning shares. The
sensex has lost almost 1000 points in
last few days. The trend in the next
week entirely depends upon results
declared on last Sunday.
Diwan-E-Khas
A.J. Diwan (Mumbai)
E-mail :
[email protected]
Once nifty broke support of 8090 it went down to and broke another support level of 7095 and closed below it. The breath of market in last couple of
days is negative. US job data announced last week gives strength to fed to go
ahead with rate hike in 2015. Nifty resistance level is 8030 and support at 7875
on Monday with high volatility one has to keep this figures in mind.
The news of telecom is accepted to benefit R.com and reliance JIO. The
announcement of clean tax of 0.50# is expected to clean our pockets. Railway
ticket cancellation charges double and gas subsidy to be abolished is another
round of mini budget. The government is keen to grab money left and right.
Even vodaphone case is also surprising.
The corporate results announced are also affecting the market. Tata Steel
and BHEL came out with very poor results. Tata steel support is at Rs.210 and
BHEL at rs.185. Tata motors which went up by almost Rs,100 in last one month
came out with poor results but it is good buy as things are changing recently.
Tata motors DVR is also good investment on decline. After Dr.Reddy us
notice, Share price has tumbled.It is
GNFC
75.00
better to wait and watch for share.
Index has support at its psychoOn Mobile
96.00
logical mark of 26000 and resisPincon Spirit
96.00
tance at 26550 and closing above
it is must for the uptrend. Intraday
Dena Bank
43.00
traders can wath ceat.last couple
Redington
115.00
of days share is ridged every day
by Rs.20/25 and bringing down by
Amtek Auto
41.00
Rs,40/50.
Astra Micro
128.00
In MCX aluminum seems good
Lakshmi Vilas Bk.
85.00
buy with s/l at rs.100.it has potential
to go up to rs.103.5/104.
G.M. Breweries
753.00
We wish you a very happy dipavali
Munjal Auto
73.00
and new year.
Buy... Buy...
ISSUE-2015
Dalal
Street
DLF (Rs. 118.00) (Code:
532868) :- There was correction in
the stock of this real estate company
due to lower sales in the recently announced quarterly numbers. The company has debt of Rs. 22,432 crores,
while interest outgo is Rs. 705 crores.
Company is selling some of its properties to pare debt.
Amtek Auto (Rs. 41.00)
(Code: 520077) :- The company is
reported to have appointed Morgan
Stanley to help it reduce debt levels.
The stock has jumped due to these
reports.
Hero Moto (Rs. 2633.00) (Code:
500182) :- This auto share has maintained the Rs. 2,610 level from the past
few weeks. The stock is trading above
the 20-day and 50-day moving average, and the charts are showing bullish pattern. According to a leading
chartist, the stock can be bought for a
target of Rs. 2770 with a stop-loss of
Rs. 2550.
All Sec Techno (Rs. 81.00)
(Code: 532633) :- The stock hit the
upper circuit of 10% after strong quar-
Petronet LNG (Rs. 201.00)
(Code: 532522) :- RBI recently
hiked FII investment limit in the company to 30%. The existing FII holdings
in the company are 22.5%.
SBI (Rs. 243.00) (Code:
500112) :- The country's largest bank
has announced better than expectations results for the quarter. The net
profit was up by 25%. Moreover, a fall
in gross NPA and net NPA would indicate improvement in asset quality,
which could lead to some movement
in the stock.
Tata Motors (Rs. 396.00)
(Code: 500570) :- The share has
jumped after the company reported
strong sales in the domestic as well
as foreign markets for the month of
October. Domestic market sales have
grown by only 1%, but JLR sales in
US have grown by 15% for the second straight month. Land Rover sales
have risen 98%. The stock is catch-
open offer to acquire additional 26%
stake at Rs. 212 was also announced.
However, another open offer is likely
as the stock jumped to Rs. 244.
Whispers
Orient Abrasive (Rs. 30.00)
(Code: 504879) :- The share price
Dilip K. Shah
terly results. The stock is trading at a
PE multiple of only 6. The company
boasts of a strong balance-sheet, and
it seems that the stock can become
another Kelton Tech.
High Ground Enter (Rs.
85.00) (Code: 517080) :- The trading volume in the counter of this construction company has more than
doubled. Promoters have been increasing their stake in the company
from some time. It has also received
an order from IOC to set up a Bio CNG
plant. The company will announce its
quarterly results on November 14, and
the stock can touch Rs. 100-level by
then.
Adi Finchem (Rs. 227.00)
(Code: 530117) :- This specialty
chemicals maker entered an agreement with EIH Mauritius for selling
44.66% stake for Rs. 130.6 crores. An
High Risk
Minda Industries (Rs.
749.00) (Code: 532539) :- This
flagship company of Uno Minda group
is considered the technology leader in
manufacturing of auto components.
The group has 36 manufacturing sites
across the world. The company reported 110% rise in net profit for the
second quarter. The company has
also bagged new orders from Renault,
Maruti Suzuki and Tata Motors.
13
of this Calcined and Fused ammonia
producer has gone up by 10%. Promoters have been acquiring a large
number of shares of the company.
They have increased their stake from
25.50 to 38.36%.
Nitin Spinners (Rs. 56.00)
(Code: 532698) :- The share price
of this textile sector company has fallen
by 35% due to poor quarterly results.
The stock is trading at a PE multiple of
only 6. The company has reduced its
debt from Rs. 348 crores to Rs. 274
crores in just six months. The share is
expected to rise in no time.
Gujarat Pipavav (Rs. 164.00)
(Code: 533248) :- The share corrected from Rs. 182 levels in the wake
of flat results. However, attraction in
the share is likely to go up as the company is expanding without increasing
debt.
urn
High Ret
market that the company will soon
announce a share buyback offer. The
company's market cap is Rs. 15,000
crores, while it has cash of Rs. 900
crores. The company can buyback
around 5% stake.
Dilip K. Shah
Somany Ceramics (Rs.
332.00) (Code: 531548) :- The
Shares
ing speed on the back of these reports.
Nestle (Rs. 6171.00) (Code:
500790) :- The shares of this FMCG
major had crashed in the last few
months due to the ban on Maggi
noodles. However, the company has
restarted production of Maggi at some
of its plants after the product was
cleared by various labs. There are indications that Maggi will be back in the
market soon. A lot of movement can
be seen in the stock in the coming
days.
Polaris (Rs. 203.00) (Code:
532254) :- Shares of this software
company are in the limelight after the
deal with technology outsourcing company Virtusa. As per the deal, Virtusa
will acquire 33% promoter stake for
Rs. 1173 crores, and will come out with
an open offer to acquire up to 26%
stake at Rs. 220.73 per share.
Sun TV (Rs. 364.00) (Code:
532733) :- The shares of this broadcasting and cable TV company are on
the market radar after coming out with
very strong numbers for the September quarter. There is a buzz in the
shares of this leading ceramic player
have crashed from Rs. 392 levels to
Rs.332 in the wake of weak results for
second quarter. However, there is a
likelihood of the central government
levying anti-dumping duty on Chinese
ceramics, which will help the company.
Welspun India (Rs. 723.00)
(Code: 514162) :- The share has
fallen from Rs. 950 to the current levels in a very short span. However, it is
believed that some people in the know
are accumulating shares at lower levels, which could lead to a quick bounce
back in the stock. Company has strong
fundamentals and is soon foraying into
the e-commerce segment. Two of the
company's projects are expected to be
commissioned soon.
Asian Paints (Rs. 802.00)
(Code: 500820) :- The shares of this
leading paints company declined and
fell below Rs. 800 due to poor than
expected quarterly performance. However, value buying by institutional investors at lower levels has once again
added colour to the stock.
Best Wishes for New Year
Stock Market Related one of the Most Successful Website : www.smartinvestment.in
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Oberoi Realty
Shemaroo Intl.
ADF Foods
Radico Khaitan
Tilaknagar Ind.
J. K. Lakshmi
NTPC
Dishman Ph.
Mahindra Life
TVS Motors
288.00
266.00
87.00
103.00
25.00
354.00
135.00
388.00
493.00
284.00
Sell on High
Hold
Buy on Dips
PNB
Maruti
MCX
United Spirit
Jubilant Food
Relaxo Foot
M&M
V. Mart
Bajaj Auto
Just Dial
8th November to 21st November 2015
132.00
4523.00
857.00
3449.00
1420.00
503.00
1248.00
452.00
2423.00
766.00
GAIL
Tata Steel
SUN TV
IPCA Lab.
Voltas
Canara Bank
Divis Lab.
Essar Oil
CIPLA
HDFC
289.00
220.00
364.00
703.00
279.00
275.00
1123.00
185.00
657.00
1088.00
14
Acche Din' come ?
(Continued from page 16)
" Inflation & Interest Rate; " Current account deficits & fiscal deficits
are turning positive, resulting in sizeable savings and surplus in the
economy.
On the other end, $ 1 trillion
projects in the area of M-I-D
M - Mining : Coal Mining
I - Infrastructure : Railways,
Road, Port, Airports, Power, and Waterways
D - Defense
And various programs under MD-S:
" Make-in-India initiatives inviting
FPI investments have so far attracted
in excess of $ 17 billion from countries like Japan, USA, Europe, and
China;
" Digital India program inviting investments from likes of Google,
Facebook, Siemens, Cisco of the
world;
" Social Infrastructure - like
Swatch Bhaarat, Sanitation Facilities.
When one sums up the amount
of investments in M-I-D executed under M-D-S programs, it unfolds massive employment opportunity in the
economy. Through employment, substantial amount of money will be left
in the hands of individuals and this
money will eventually find its ways into
consumption and savings in the
economy.
The GDP in the economy is expected to grow from 7-8% to 9-10% in
the coming 2-3 years. As a result, the
economy is expected to grow to $ 8
trillion by 2030 as against the present
$ 2.30 trillion, a 4 times growth in the
coming 15 years!
It is expected that India would
have invested about
" $ 200 billion in solar power, wind
power and thermal power by 2025 and
increased the power capacity to 200
GW from current 33 GW;
" The waterways are expected to
bring in investments of $ 5.5 billion in
linking rivers and ports for building
strong internal transportation of goods
and services, which in turn bring down
supply time to industry and consumers and resulting into controlling inflation, even when economy is growing
at double digit growth;
" Domestic production of defense
items holds the potential to save $ 14
billion of imports and in turn structurally reduce the pressure in requirements of $ currency as import bill goes
down.
Today, India is in a sweet spot. On
one hand the GDP growth is remaining highest in the world and promises
to go up to double digits in the coming
3-5 years, and on the other, value of
INR has relatively depreciated less in
the global turmoil of currency. While
other emerging economies like Brazil
and Russia have lost 30-40% value
of their currency, India's currency has
regained its lost value of 4%.
I see a brilliant possibility of INR
staging a come-back to 50-55 / $ in
next 3-4 years against 64-65 / $ as on
today.
The RBI, who has managed the
monetary policies rather well during
the challenging times of past 7-8
years, has started responding with cut
in interest rates of 1.25% in last 9
months. As the inflation stays well
below the 5% target and INR holds
firm, RBI is expected to bring down
rate of interest further and it would only
uplift the spending in economy, reviving stalled projects in roads, power
and other infrastructure activities.
The fact that India is a large democracy has its own challenges, as it
marches on the path of growth. Her
political system is age old and so are
her politicians. They need a mindset
overhaul, in turn letting this country
grow on her strengths, strength of her
DIPAWALI
people. " Stalling key reforms like Land
Acquisition Bill and GST, playing disruptive politics and stalling the decision making process in parliament is
nothing short of vandalism! The power
hungry politicians should have been
playing constructive role as against
destructing one! There should be constructive support to bills passed in Lok
- Sabha by selected members of Rajya
- Sabha in passing legislations. Let the
government be helped and allow them
to focus on execution of the key reform initiatives - which is the demand
of the day for the nation!
" Caste politics, reservation politics and politics of religion is a mindset
disease;
" The stubborn and power hungry
bureaucracy and the rigid laws supporting their dominations also results
into corruption.
These are some of the challenges,
not allowing ease of doing business
in the country.
Against many possibilities, there
are some challenges of executions.
When these challenges are overcome,
it brings ' Acche Din ' for people of India.
I suppose, the generation next will
act more responsibly by electing political leaders who are equally committed to bring change in the economy
and build prosperity for all!
Investment in India is an exciting
opportunity for global investors. India's
domestic savings have steadily increased its inflow into equity markets.
Domestic funds have been net buyers in each month since Modi Government came to power having invested
over $ 14 billion from June 2014 to
September 2015. The FDI is $ 30 billion till 30th June in CFY. Domestic
savings are being channelized for
long-term investments, which is a success formula for producing wealth for
the nation and its 125 billion people.
Steady currency and attractive
valuations of India's equity markets will
lead to better than expected inflow of
domestic savings and global funds,
resulting in wealth creation in coming
years. That's my confidence and I certainly feel that investors will be better
off investing for long term in equity.
All you need is some change in
your approach to investments. Let
genuine advisors help you deploy
funds under research based approach
of investing. Investors will reap larger
fruits in next 10 - 15 years when they
regularly invest and capitalize this opportunity by channelizing their investments into growth assets!
I see enormous growth potential
in sectors like insurance, banking and
finance, agriculture, automobile, commodities like sugar, metal & cement
under this infrastructure led boom,
which the country is set to produce.
As GDP grows to an expected $ 8
trillion by 2030 at a CAGR of 8%, the
stock market wealth should grow from
the present $ 1.5 trillion to $ 7.9 trillion
by 2030 - producing CAGR of 12 %!
If you have invested 10,000 /
month for next 5 years and held on to
your investment till 2030, your wealth
should grow to 25 lacs by 2030, at a
CAGR of 12%!
A 70-year young country, India is
reinventing and positioning herself for
quantum growth. The current Government has started putting the house in
order by disciplining finances and priorities of the nation, going out for investment of funds to revive the
economy. Systematically they have
collected 300,000 crores under coal
block and spectrum auctioning and
saved about 100,000 cores by bringing down the fuel subsidiary.
And the beginning of 'Acche Din'
have just begun….
I take this opportunity of wishing
you very Best of Diwali 2015 and
Samvat Year 2072.
ISSUE-2015
All Eyes on the
Fed this year
(Continued from page 16)
before it can raise rates. With unemployment rate of at 5.1% one of the
objectives is achieved.
However, the inflation at 0.2% is
as far from its 2% target as it can be.
October was the 41st consecutive
month where annual inflation undershot the Central Bank's 2% target.
Also this was the 10th consecutive
month where in it remained below 1%.
There is no way this can rise to the
target of 2% by December, 2015.
So if the Fed wants to stick to its
guidance that it will let the incoming
data decide whether to raise rates or
not, the strength and trajectory of data
as on the date of the last FOMC meeting does not indicate that it will be able
to do so.
Yet we have the Fed saying that
a December hike is a possibility.
It would in place to remind readers that Yellen's desire to hike rates
may be stemming from her July 2015
testimony to the Congress that the Fed
is on course to start hiking rates by
end of the year 2015.
The economic data, in fact, has
worsened after the last FOMC meeting.
One of the key data that came a
day after the Fed meeting was the first
reading of the Q3 GDP growth. The
growth tanked to 1.5% from the Q2
growth of 3.9%.
If the Fed really follows the goal
posts it has set for itself, we do not
foresee a rate hike in the U.S. in December. However, if the Fed does
eventually hike, the compulsions may
be otherwise than economic.
The markets are not currently discounting a rate hike. If a rate hike does
come, it will rattle the markets. That
may be the time to pick up stocks.
I for one would like to recommend
Suzlon for the really long term investor. I consider it Fed proof.
Investors can pick this stock at the
current price and should have resources to add at lower levels till about
Rs 18, the price at which Dilip Sanghvi
and Associates took stake.
The problems of the past are
gone. Working capital is now available.
Debt has been reduced. The debt has
been upgraded from default grade to
investment grade. The company
hopes to increase its market share
from 20% to 35% in the current year
and also has the off-shore technology
rights from Senvion. The company
should be able to get back into the
black only in FY -2017.
It is in the right industry. India has
to reduce its carbon foot print. Therefore, the government wants to grow
the wind power sector to 60 GW to by
2022, which could mean a CAGR of
15%.
Disclosure: I hold the stock.
Diwali to Diwali
(Continued from Page No. 8)
NTPC, PFC and REC tax free
bonds have received good response and all the bonds got over
subscribed on the very first day itself. NHAI is also planning to come
up with Rs12000 crore tax free
bonds issue, which is likely to get
robust response.
Upcoming public issues :- In
the coming days, the primary market will also turn vibrant with host of
companies planning IPOs. It is believed that around 40 companies
have sought permission from Sebi
for the same.
Around a dozen companies are
planning to raise Rs11,500 crore
Market should do
really well in the
coming Samvat year
(Continued from page 16)
The green shoots are clearly to be
seen. Indirect tax collections have
been higher by 37 % in the first 7
months of 2015-16. Even after accounting for the rate increases, the
increase in indirect tax revenue is
12%. The biggest problem is with the
power sector, and as I write this, the
Cabinet has approved a comprehensive scheme -UDAY- for the revival of
power distribution companies or
DISCOMS. Work on highways is going on in full swing. The oil subsidies,
even on LPG, are falling and after a
long time the oil marketing companies
are having a surplus in the subsidy
account.
IN short, the market should do really well in the coming Samvat year
and we expect corporate results for
December quarter to be excellent. The
IPO market has now started reviving
and I personally feel that then. companies will realize after the debacle of
Coffee Day that pricing IPOs reasonably, leaving some margin for the short
term retail investors is more helpful in
the long run.
The sectors that should do well in
the coming year are :Power, Railway
related companies, PSU Banks , Agriculture based companies.
Primary Market
(Continued from Page No. 9)
The issue got 17.80 times subscription in QIB, 3.57 times in HNI,
0.92 times in retail and 0.13 times
in employee quota with 6.15 times
overall subscription. The company
has fixed the discovery price of
Rs765.
In the retail category full and firm
allotment announced. The share
might get listed on November 13 /
16 due to Diwali holidays. Rakesh
Jhunjhunwala has invested Rs400
crore in HNI category so it may witness fancy. The issue may get listed
around Rs390-395 and cross Rs400
after listing. The investors holding
on to the stock might get good return.
SH Kelkar :- The issue with offer price of Rs173-180 opened on
October 26 and closed on October
30. Rs510 crore issue got 27.08
times subscription with 25.55 times
in QIB, 87.18 times in HNI and 2.14
times in retail segment. The discovery price could be fixed at Rs180.
Allotment and refund may take
place on November 10 or November 13. In the retail segment, one
share will be allotted against 1.27
application, i.e. out of seven only
four applicants will get shares. The
issue might get listed on November
17 around Rs200 and might go up
to 215/220 on good market conditions.
* Upcoming IPOs :- The joint
venture of GAIL and British Gas Ltd,
Mahanagar Gas might get listed on
Indian Stock Exchange and file
DRHP for the same in the current
monthly only. The promoters plans
to sell 25% stake which takes up the
valuation to Rs4800 crore. Both promoters will sell 12.5% stake each.
through IPO in next few months.
These companies include Catholic
SyrianBank, AGS Trasact Techno,
Dilip Buildcon, Amar Ujala,
Infibeam, Bharat Wires Rops,
Health Care Global, Alchem Labs
and Prag Milk.
8th November to 21st November 2015
INVESTMENT
India is the best among
emerging economies
(Continued from page 16)
On the other hand, we continue
to like the defensives like IT and
pharma where Indian companies have
strong competitive advantages on a
global scale; within these sectors, we
prefer those companies where margins have scope to improve relative
to peers, which is not being factored
in valuations currently.
In my view, India is best placed
within the emerging economies space
and is likely to continue attracting
higher fund inflows in the mediumterm, notwithstanding any near-term
global concerns. Foreign inflows
coupled with strong domestic investments are likely to lead to our markets outperforming all major markets
over the next few years, re-affirming
equities as the best asset class, while
returns from other asset classes continue to moderate.
Hello Samvat 2072 !
Bets on banks, infra
(Continued from page 16)
The downstream oil & gas space
will be big beneficiary of the phasing
out of diesel subsidies. These companies will see sharp growth in profits
and rapid reduction in debt levels.
We also like the export-oriented
stories in the pharma space as the global demand outlook for them remains
strong. Currently, India exports around
$15 billion worth of pharmaceutical
products, which will double in next six
years. Large Indian exporters will be
big beneficiaries
Asset allocation is a function of an
investor's risk appetite, investment horizon and liquidity requirements. Each
investor is unique and would, therefore, require personal advice to manage his asset allocation.
An investor with a medium risk
profile and no liquidity constraint could
consider maintaining 50 per cent allocation to equity, 30 per cent to fixed
income, 10 per cent to real estate and
5 per cent each to gold and alternative assets.
Our Top five stock picks for the
next Samvat would be : Bajaj Finance,
HPCL, Lupin, Eicher Motors, Larsen
& Toubro.
Put 70% of your money
in equity for Samvat 2072
(Continued from page 16)
Blue Dart Express. We continue
to advise investing into quality names
that have reasonable growth visibility
coupled with strong balance sheets.
We believe that the opportunity would
be there across largecap, midcap and
smallcap segments. Current Asset
Allocation: Equity: 70% Fixed Income:25% Gold: 0% Real Estate: 0%
? Alternative Assets: 5%.
Disclaimer :- Investment
recommendations made in Smart
Investment are for information
purposes only and derived from
source that are deemed to be reliable but their accuracy and completeness are not guaranteed.
Smart Investment or the analyst
/ writer do not accept any liability
for the use of this column for the
buying or selling of securities.
Readers of this column who buy
or sell securities based on the information in this column are soley
responsible for their actions. The
author, his company or his acquaintance may / may not have
positions in the scrips featured
herein
INVESTMENT
Expert’s Eye
Dilip Davda
e-mail : [email protected]
Well, the time has passed very
speedily and we will be ushering into
new Samvat Year (SY) 2072 by next
week. SY 2071 did marked new milestones for secondary market and also
brought in some activities for primary
market, but its recent trends have
raised doubt on ending of SY 2071 on
a sound note. There are many reasons
for it, first and foremost is the lacking
direction for speedy reforms from NDA
that is on the verge of completing two
years of ruling. Deficient monsoon is
raising concern on inflation that has
just started cooling down, but may rise
again. RBI's gesture of rate cut failed
to bring the desired relief. Weak global trends, concern over US Federal
Bank's likely rate hike by December
2015 will have bearing on the sentiment for a while. Economic data with
IIP numbers and WPI, CPI on domestic front and the Eurozone movements
will keep a tab on the sentiment.
For the concluded week, BSE
Sensex and NSE Nifty moved in the
range of 26824.30-26243.20 and
8116.10-7942.60 respectively.
During SY 2071 S&P BSE Sensex
and NSE Nifty moved in the range of
30024.74-24833.54 and 9119.207539.50 respectively till 06.11.15.
Secondary Market
Weekly Trends:
With a negative start on Monday
profit bookings kept the market on a
slippery mode and closed in red zone.
BSE Sensex lost 97.68 points to close
at 26559.15 and NSE Nifty marked
deficit of 15.00 points to end the day
at 8050.80. Dollar surging towards 66$
level and domestic PMI marking last
22 month's low brought selling. Metal,
Capital Goods, Pharma counters got
hammered down while short covering
in banking counters helped market to
recover from the low of the day. Market breadth remained negative. FIIs
were net sellers. eClerx announced
bonus in the ratio of 1 share for every
3 shares held. Coffee Day got listed
on BSE and NSE and opened at
around 5% discount to offer price and
closed with a loss of 18% thus spoiled
primary market mood.
With a gap up opening on Tuesday indices kept gaining momentum
to close in green, but flat. BSE Sensex
scored 31.44 points to end the day at
26590.59 and NSE Nifty marked gain
of just 9.90 points to close at 8060.70.
With pharma, IT and Oil and Gas sectors surge in the morning session,
market witnessed gaining momentum
Ex-Split
Mahavir Ind. (2 for 1)
Shilpa Medi (2 for 1)
*All eyes will be on IndiGo
IPO that is expected to list by
week end.
Bonus meet scheduled by
Kothari Prod. on 10.11.15.
Ex-Bonus
Fairdeal Fila (1 for 10)
Looks Health (3 for 4)
DIPAWALI
ISSUE-2015
15
Samvat 2071 may end with caution
that turned short lived. However, despite volatile movements for the day,
market managed to close in green.
Capital Goods, Power, Consumer
Durables lead the selling. FII remained
net sellers. Surge in Crude oil prices
brought buying on PSU OMC
counters. Marathon NextGen announced bonus in the ratio of 1 share
for every 2 shares held. Mahavir Ind
turned ex-split (2 for 1).
Higher opening with a gap on
Wednesday short lived as profit booking kept indices on a sliding mode
once again to close in red. BSE
Sensex lost 37.67 points to close at
26552.92 and NSE Nifty marked deficit of 20.50 points to end the day at
8040.20. Auto sector lead the surge
in the morning session that got wiped
off with selling on banking and pharma
counters post noon. Crude crossed
50$ a barrel mark and washed away
eased dollar impact. FIIs remained net
sellers in futures, but turned net buyers with small volume in cash. Marico
announced surprised bonus in the ratio of 1 share for every 1 share held.
Scrip got listed on BSE included Acme
Resource, Indo-Global, Megri Soft and
Richfield Finance.
Expressing mixed trends for opening on Thursday indices kept sliding
as the day progressed to close in dipper red. BSE Sensex marked deficit
of 248.72 points to end the day at
26304.20 and NSE Nifty too mirrored
similar trends with a loss of 84.75
points to close at 7955.45, thus both
benchmarks closed below its sentimental barriers of 26.5K and 8K respectively. US Federal indicating rate
hike by December brought selling all
over the global markets and we too
felt tremors. Unwinding of long position ahead of Bihar poll verdict kept
market on a edgy note. FII turned
heavy net sellers. Healthcare, IT and
Banking counters lead the doom.
Mangal Credit announced liberal bonus in the ratio of 5 shares for every 1
share held.
On Friday too we marked divergent trends for opening, but finaly the
day ended in red. BSE Sensex lost
38.96 points to close at 26265.24 and
NSE Nifty marked deficit of mere 1.15
points to end the day at 7954.30. Final day of the week marked volatile
trades in a range bound movement
with weak sentiment. Market breadth
was negative. Power sector counters
lead the doom that washed away
morning trade gains. Although market
recovered from the low of the day, it
closed in red. Q2 number brought
stock specific movement with counters
registering gains on positive trends
included PNB, SBI, Cipla, Fag Bearings, Castrol, Motherson Sumi etc.,
while poor results propelled selling on
counters like Tata Steel, BHEL, SAIL,
M & M, Bosch, Gateway Distri., BoB
etc. Heavy weights marked narrow
movements. IDFC Bank got listed on
BSE and NSE post demerger from
parent company. Other scrip got listed
on BSE were Beardsell and Krish
Fab.Shilpa Medi turned ex-split (2 for
1). Allcargo Logi announced surprised
bonus in the ratio of 1 share for every
1 share held.
During the week dividend announcements
Atul Auto (55%), CARE (60%), DCM Shriram (60%), Granules India (15%),
Gulshan Poly (35%), Harita Seat (25%), Mayur Uniquo (16%), Monsanto India (150%), Sundram Fastener (85%), Tide Water (1500%), Aegis Logi (30%),
Cupid Ltd (10%), Gabriel India (45%), Hexaware Tech (112.50%), IMPAL
(25%), Indag Rubber (45%), Marico (175%), PPAP Auto (10%), Precision
Wires (25%), Aarti Ind (60%), Astral Poly (15%), Chembond Chem (60%),
GMM Pfaudler (35%), Ingersoll Rand (30%), Manappuram Fin (22.5%),
Nilkamal Ltd (25%), SQS India (40%), Aarti Drugs (22.5%), Allcargo (50%),
APM Ind (75%), Info Edge (10%), Kewal Kiran (85%), Max India (90%), MEP
Infra (1%), MT Educare (6%), ONGC (90%), Sonata Soft (350%), Triven Turbine (40%) etc.
Best Buy
Maruti Suzuki, SRF,
L & T, Amar Raja,
Syngene Intl.
For the week ended 06.11.15, Indices marked net weekly LOSS of
391.59 and 111.50 points in Sensex
and Nifty respectively spoiling festive
mood.
Rupee remained above Rs.65.00
a dollar for most part of the week and
Crude surged above 50$ a barrel
keeping a tab on the general market
sentiment. Now all eyes are on Bihar
poll results and inflation data to take a
clue for market movement during festive season. Next set of H1 results will
keep market in stock specific mode.
Under the given scenario, BSE
Sensex may move in the range of
27500-25200 and NSE Nifty between
8450-7550.
All eyes will be on IndiGo IPO that
is expected to list by week end.
Bonus meet scheduled by Kothari
Prod. on 10.11.15.
SY 2071 trends :- As far as SY
2071 is concerned, post last muhurat
trading, indices kept surging and
marked new milestones in the month
of March 2015. But thereafter indices
kept sliding and are in edgy mode as
seen in recent weeks. This is largely
due to deficient rain coupled with
prevalent uncertainty over reforms due
to un-passages of important bills on
land acquisitions, GST etc. Although
a section of the market is still pinning
hopes on reforms post Bihar poll verdicts, market is having lackluster
trades for past few weeks.
During SY 2071 we marked positive trends for automobile sector
counters that included auto ancillaries
as well. Pharma and Textile counters
too gained momentum. IT counter's
trades hinged to dollar movement and
the guidance from the sectors while
announcing results. Banking counters
too gained post rate cut from RBI and
also helped rate sensitive counters in
realty and auto sector, but thereafter,
lower demands in realty and NPA concern for banking industry kept a tab
on general sentiment. Metal and Mining counters moved in a volatile way
following global cues. Mid and Small
cap counters kept moving around result number seasons. Thus market
gave mixed trends for SY 2071. For
SY 2072, in all probabilities, infra sector will gain momentum that includes
cement, steel and engineering services sectors. Pharma and Auto sector will continue to dominate the
trends. Based on market perception,
indices are likely to move in the range
of 33000-25500 for Sensex and
10000-7350 for Nifty for new Samvat
Year.
Scrip Watch (Muhurat Bets)
Following scrip may be monitored
for strategic investment ideas for medium to long term as a Muhurat Bets.
Maruti Suzuki (BSE Code
532500) :- This automobile sector
company manufacturing car and utility vehicles, has posted net profit of
Rs. 2418.48 crore on a turnover of Rs.
27358.64 crore for the FY16 H1
against net profit of Rs. 1624.82 crore
on a turnover of Rs. 23743.17 crore
for corresponding previous period. For
the fiscal 2014-15, it has posted net
profit of Rs. 3711.22 crore on a turnover of Rs. 49970.64 crore. As on
30.09.15, equity capital of Rs. 151.04
crore is supported by free reserves of
Rs. 25965 crore plus. Scrip may be
considered at declined level for long
term investment. It is long overdue for
a bonus maiden issue. It currently
quotes around Rs. 4522.90 against 52
week High/Low of Rs. 4763/3250, FV
Rs. 5.
SRF Ltd (BSE Code 503806) :This diversified company having
business in technical textiles, chemicals and packaging films has (on consolidated basis) posted net profit of Rs.
213.47 crore on a turnover of Rs.
2387.75 crore for FY16 H1 against net
profit of Rs. 170.99 crore on a turnover of Rs. 2345.34 crore for corresponding previous period. For the fiscal 2014-15 it has posted net profit of
Rs. 302.81 crore on a turnover of Rs.
4539.85 crore. As on 30.09.15, equity
capital of Rs. 58.44 crore is supported
by free reserves of Rs. 2410 crore
plus. Scrip may be considered at declined level for long term. It currently
quotes around Rs. 1295.80 against 52
Bonsu Announced
E Clerx (1 : 3)
Marathon Next (1 : 2)
Marico (1 : 1)
Mangal Credit (5 : 1)
Allcargo (1 : 1)
week High/Low of Rs. 1496/802, FV
Rs. 10.
Larsen & Toubro (BSE Code
500510) :- This well diversified engineering company having business in
IT, Infra, Finance etc. has (on a consolidated basis) posted net profit of Rs.
1602.09 crore on a turnover of Rs.
43645.39 crore for the FY16 H1
against net profit of Rs. 1828.64 crore
on a turnover of Rs. 40134.10 crore
for corresponding previous period.
(Cont. on P. No. 12)
Smart Tips
Smita N. Zaveri
Lakshmi Vilas Bank (Rs. 84.00) (Code: 534690) :- Having facevalue of Rs. 10, shares of B group-listed Lakshmi Vilas Bank touched a high
of Rs. 111 and low of Rs. 63 in the last 52 weeks. The bank has 411 branches
in 16 states and one UT, and also has a network of 820 ATMs. The bank has
reported very encouraging performance for the September quarter and the
first half of the financial year. For the quarter, it reported revenues of Rs. 634
crores and net profit of Rs. 45 crores. Gross NPA declined to 1.89% while net
NPA fell to 1.10%. For the first half, its income rose 16% to Rs. 1,199 crores,
while net profit soared 43% to Rs. 85 crores. The book-value of the share is
Rs. 91, which is higher than the current price. The stock is trading at a low PE
multiple of 9. Considering its strong asset quality, the stock can be seen making fresh highs above Rs. 100 in the short to medium term.
Kolte Patil (Rs. 166.00) (Code: 532924) :- The shares of this B
group listed real estate company have face-value of Rs. 10. The share touched
high of Rs. 240 and low of Rs. 136 in the last 52 weeks. Kolte Patil is engaged
in the business of development of residential, commercial and IT parks. It
also provides project management services for real estate projects. It has
developed more than 10 million square feet space in 48 projects in Pune and
Bangalore. It has acquired 100% stake in SPV Corrolla Realty, which is developing property over 80 acres at Waghali in Pune. It is focusing more on
middle class housing. For FY 2015, it reported net profit of Rs. 65.33 crores.
Its debt equity ratio is 0.45: 1, which is the lowest in the sector. Financial
institutions have increased their stake to 12.15%, while FIIs have hiked it to
12%. The stock is trading at a PE multiple of 22 and is likely to be re-rated.
Dish TV (Rs. 98.00) (Code: 532839) :- The shares of this A group
listed broadcasting and cable TV company have face-value of Re. 1. In the
last 52 weeks, the share touched a high of Rs. 121 and low of Rs. 56. Dish TV
has presence in close to 9,000 towns with 1,685 distributors and more than 2
lakh dealers. Company's subscriber base has been going up. It has added
3.38 lakh subscribers in the last quarter. For the September quarter, it has
reported net profit of Rs. 89.96 crores on a consolidated basis. It had reported loss of Rs. 14.19 crores in July-September quarter last year. For the
quarter under review, Dish TV's income increased 15.77% from Rs. 650 crores
to Rs. 752 crores. For the first half of the fiscal, it has made net profit of Rs.
141.17 crores, compared to loss of Rs. 29.16 crores. In the last year, FIIs
have increased their stake in the company by 790 basis points to 19.76%.
Domestic institutions have increased their stake to 4.01%. The stock can be
seen outperforming in the coming quarters.
Finolex Cables (Rs. 239.00) (Code: 500144) :- The shares of this
other electrical equipment maker are listed in the A group and have face-value
of Rs. 2. The share touched a 52-week high of Rs. 306 and low of Rs. 214.
From being a B2B company, it is shifting to B2C model. It has launched new
products in lighting and switchgear segment, and is also foraying into manufacturing of fans with an investment of Rs. 125 crores. It is expected to benefit
significantly from the central government's policy to encourage housing sector.
For September 2015, it reported net profit of Rs. 65 crores on income of Rs.
605.41 crores. Promoter holding in the company is 35.86%, FII holding 7.54%,
DII holding 7.94% and public holding is 41.66%. Funds such as Franklin, Reliance and DSP Blackrock hold large number of shares. Company's equity is
Rs. 13.59 crores, net-worth Rs. 1265 crores, debt Rs. 51 crores, and market
cap Rs. 3682 crores. As against sectoral PE of 24, the share of Finolex Cables
is trading at a forward PE multiple of 14.8 and is attractively priced.
Redington India (Rs. 115.00) (Code: 532805) :- The shares of
this commercial trading and distribution segment company have face-value
of Rs. 2. The share touched a high of Rs. 147 and low of Rs. 91. Redington
provides supply chain solutions to leading IT, telecom and consumer electrical products companies. The company's financial performance has been weak,
but analysts are bullish due to fast improvement on operational levels. Recently, Redington's subsidiary Redington Gulf FIE bagged Apple distributorship for Gulf nations. For FY 20140-15, it reported income of Rs. 12,021 crores
and net profit of Rs. 182 crores. Promoter holding in the company is just
13.33%, while FIIs hold 36.89%, DII holding is 15.94% and public holding is
33.84%. Funds such as Reliance, IDFC, SBI and ICICI hold shares of
Redington India. The e-commerce boom and government's plan to implement GST could lead to re-rating of the stock.
* Disclaimer :- • Smart Investment will not be responsible / for any
loss arising out of investment based on its recommendation. • Though,
every care has been taken, we will not responsible for any errors / omissions o All disputes are subject to Ahmedabad jurisdiction.
8th November to 21st November 2015
DIPAWALI
16
Since last Diwali, India has indeed emerged as a sweet
spot among global markets. With developed economies
as well as China struggling for growth and other emerging
economies coming under pressure due to falling commodity prices, India has stood out as a key beneficiary of
cheaper commodities on one hand and a reformist, action-oriented government on the other.
Not surprisingly therefore, India has significantly outperformed other major emerging markets such as Brazil and Russia. The Sensex
has appreciated ~30% in dollar terms over the last two years, while the Russian and Brazil benchmark indices have lost ~40% and ~50% in dollar terms. A
major encouraging factor behind this outperformance is the increasing maturity
and depth of our markets. Domestic inflows have remained strong, even offsetting the decline in foreign flows recently. This reflects the strong optimism and
conviction amongst domestic retail investors about the India story!
The outperformance is testimony to our improving macros : our twin
deficits continue to shrink, lower inflation is resulting in falling interest rates and
the currency has remained relatively stable. Despite a 125bp cut in interest
rates by the RBI in CY2015, the full effect of these cuts is only now being
transmitted by banks and while this has delayed corporate earnings recovery
by few quarters, but in my view, going forward, improvement in earnings should
gather steam. Also with the declining inflation trajectory, the RBI has enough
headroom to cut interest rates further by at least 50-100bp, so decline in interest rates is an important trigger that will continue to play out in coming quarters
in my view. All the macro improvements coupled with a strong stable Government with effective leadership at the helm, have placed India in a position from
where not just a year or two but the forthcoming many years look filled with
potential to scale new highs. Led by these fundamental developments, we expect the pace of earnings growth to pick up going forward and remain positive
on stocks within the BFSI and Automobiles space. Post the election rally last
year, there has been a reality check with strong preference towards quality. So
companies in commoditised sectors facing huge global over-supply will remain
in the negative list for us.
Acche
Din' come ?
Dear Investors,
Greetings from the KRChoksey
family.
The new Samvat Year is beginning with lots of promises, particularly
for India.
When I communicated in this column last year, there was an undertone
of hope - hope from the new leader in
PM Narendra Modi! Today as I communicate with you, I find validations
on most of the views expressed then.
However, there is a huge cry from
Deven R. Choksey -
Managing Director
KRChoksey Investment Managers Pvt Ltd
Mr. Deven Choksey is the promoter of KRChoksey
Group & the Managing Director of KRChoksey Shares and
Securities Pvt. Ltd. KRChoksey has been a respected and
distinguished name in the Indian capital markets, for over
three decades. He carried the vision of transferring stock
brokerage business into wealth management practice. Today, KRChoksey runs twin integrated platforms under
wealth management and transaction based services.
people in the country for 'Acche Din',
and they ask when will these 'Acche
Din' come? With the opposition playing opportunistic politics and media
joining the chorus, it is more of loud
noise rather than any constructive dialogue!
I am presenting the A-B-C-D of
(Cont. on P. No. 14)
Market should do really well
in the coming Samvat year
CA Yamal Vyas
Ahmedabad
Yamal Vyas has contributed in
business journalism in a big way by
regularly writing a column in
business magazines. He is a Chartered Accountant
by profession. He is regularly contributing in ‘Dalal
Street.’
The Samvat year is drawing to a close and the
market is quite disappointed. The expectations of
big bang reforms and magical improvements in the
economy have not been realized. But, the fact remains that the present Narendra Modi government
has done more work for strengthening the economy
in 18 months then the previous UPA government
did in 10 years. (Cont. on P. No. 14)
Top 10 Stocks
Coal India, SBI, Bhel, Titagarh Wagons,
IOB, Jain Irrigation, Transpack
Nalco, ONGC, Bank of Baroda
Hello Samvat 2072 !
Bets on banks, infra
The new Samvat promises
a smart acceleration in earnings, which will in turn lead to
healthy market performance,
Motilal Oswal
says Motilal Oswal, Chairman
CMD
& Managing Director, Motilal
Motilal Oswal Oswal Financial Services. The
Fin. Services macroeconomic
stability
achieved in the last two years has been quite impressive. India has not only capped current account
and fiscal deficits, even the progress on the inflation front has been remarkable. India might be entering an era of low inflation and high real GDP
growth, which is the most optimal economic scenario for any country. The foundations for a strong
economic upturn have been put in place. We expect earnings growth to accelerate in the next few
quarters leading to healthy market performance.
We are looking at a market return of 20 per cent by
next Diwali and expect Sensex to hit 33,000.
RBI has cut interest rate cumulatively by 125
basis points this calendar. We are positive on the
interest rate-sensitive sectors like banks, infrastructure, and automobiles.
(Cont. on P. No. 14)
'Acche Din', an analysis with details,
and the way I visualize them unfolding!
The blue print of 'Acche Din' is in
the $ 1 trillion of investment program
announced by the NDA Government
in 1 year of their coming to power. This
government looks like putting words
in action, evident from these figures,
which are far more assuring rather
than the hollow noise being created!
I invite your attention to the 2 Cs,
which are primarily responsible for
bringing A of Acche Din….
1) Crude Oil : With an expected supply of crude oil in abundance in 2016,
we can expect the price of crude oil will
stay in the range of $ 40-50 per barrel;
2) Currency : Fall in the crude oil
prices could result in savings in the
value of Currency as it prevents INR
from depreciating against other currencies of the world
Infact, with Crude Oil and Currency playing to India's advantage, all
other factors like:
(Cont. on P. No. 14)
All Eyes on the Fed this year
From the last Diwali
to the closing on 4th November, our markets
have not made any
money for the investors.
The Nifty is up just
0.32% for the year.
Among the Global indices, we have grossly
V. K. SHARMA
under performed. China
(HDFC Securities)
is up 50% from the last
Head - Private Broking
Diwali, the Nikkei is up
&
25%, the Dax a good
Wealth
Management
19.8% and S&P 500 a
reasonable 7.7%. As we write the world is in a
global slowdown. International trade is falling.
Countries are fighting currency wars. Europe,
Japan and China are easing. However, the U.S.
Federal Reserve is flexing its muscles. At the
October FOMC meet and in her testimony before
the financial services committee on 4th November, Yellen has firmly out a December rate hike
on the table again. The Fed has pre-stated targets of near full employment and an inflation target of 2%,
(Cont. on P. No. 14)
Put 70% of your money
in equity for Samvat 2072
The Indian economy is in
a sweet spot with consumer
demand picking up gradually
and the investment cycle likely
to take off in the latter half of
this financial year, says Pankaj
Pandey, head of research,
ICICIDirect. he projects
Sensex earnings to grow 13.2 Pankaj Pandey
per cent and 18.5 per cent in Head of Research
ICICIdirect
FY16E and FY17E to Rs
1,539 and Rs 1,838, respectively, thus lifting Sensex
to 30,300 by October 2016. With a decline in global
commodities aiding government's fiscal position and
corporate earnings on a frontloaded basis, it would
lead to a pickup in consumer demand and kick in
the investment cycle in the latter half of this financial year. We expect Sensex earnings to grow 13.2
per cent and 18.5 per cent in FY16E and FY17E to
Rs 1,539 and Rs 1,838, respectively. We assign a
PE of 16.5 times on FY17E EPS to arrive at a fair
value of 30,300 by October 2016 with Nifty reaching
9,100 level. Our muhurat Picks are :- ITC, Bajaj
Finance, Kajaria Ceramics, Syngene International,
Symphony, PNC Infratech,
(Cont. on P. No. 14)
8th November to 21st November 2015
Printed by Dilip K. Shah, Published by Dilip K. Shah, Owner by Dilip K. Shah. Printed at Allied Offset Printer Pvt. Ltd. 14/2, Kalidas Mill Compound, Gomtipur,
Ahmedabad-380021. Published from 311 to 313, Nalanda Enclave, Opp. Sudama Resorts, Pritam Nagar1st Dhal, Ellisbridge, Ahmedabad. Editor : Dilip K. Shah
Published on Every Sunday “Permitted to post at Ahmedabad PSO on every Monday (weekly) under
Postal Regd. No. GAMC
- 1703/2015-17.
issued by SSP Ahd. Valid up to 31-12-2017
India is the best among
emerging economies
ISSUE-2015