Documente Academic
Documente Profesional
Documente Cultură
ARCHI PUBLICATIONS
311 to 313, Nalanda Enclave, Pritamnagar 1st Dhal, Ellisbridge, Ahmedabad-6. GUJARAT, INDIA
E-mail :
smartinvest25@gmail.com
smartinvest25@yahoo.in
web : www.smartinvestment.in
Subscription Chart
E-mail Edition (Soft Copy) (Every Saturday)
Smart Investment Weekly 1 Year 2 Years 3 Years
1. Gujarati Edition 1800 3200 4500
2. English Edition 1100 1850 2650
Please send your Subscription as early as possible if you want to read or download these
53 pages E-mail Edition of Smart Investment (Financial Weekly)
Click on our previous Edition of Smart Investment for Free Sample (Demonstration)
For More Detail E-mail to: smartinvest25@gmail.com
Financial Weekly
Cont...
Financial Weekly
Kotak Mahindra Bank Ltd is one of the fastest growing bank and among the most admired
financial institutions in India. The Bank offers transaction banking, operates lending verticals,
manages IPOs and provides working capital loans. They have one of the largest and most
respected Wealth Management teams in India, providing the widest range of solutions to high
net worth individuals, entrepreneurs, business families and employed professionals. The
Bank has over 245 branches, a customer base of over 8 lakh and has spread all over India.
The Bank offers complete financial solutions for infinite needs of all individual & non-
individual customers depending on the customers need - delivered through a state of the art
technology platform. They also offer investment products like Mutual Funds, Life Insurance,
retailing of gold coins and bars etc. Apart from Phone banking and Internet banking, they
offer convenient banking facility through Mobile banking, SMS services, Netc@rd, Home
banking and BillPay facility among others.
The bank has overseas subsidiaries with offices in Mauritius, London, Dubai, Singapore,
New York & San Francisco. The overseas subsidiaries are mainly engaged in investment
advisory and investment management of funds, Equity & Debt Trading, management of GDR/
FCCB issuances, broker & broker dealer activities and investments.
Financial Weekly
HDFC Standard Life is one of the most profitable life insurers, based on Value of New Business
(VNB) margin, among the top five private life insurers in India. Besides consistently being among
the top three private life insurers in terms of profitability based on VNB margin, The Company has
also consistently been among the top three private life insurers in terms of market share based on
total new business premium.
HDFC Standard Life was one of the first private life insurance company to register in India and
was established as a joint venture between HDFC (one of Indias leading housing finance institu-
tions) and Standard Life Aberdeen plc (one of the worlds largest investment companies), initially
through its wholly owned subsidiary The Standard Life Assurance Company and now through its
wholly owned subsidiary, Standard Life Mauritius. Currently, The Company has 414 branches
across India.
Financial Weekly
Chemcrux Enterprise (Rs. 87) (Code: 540395) (Lot size: 4,000 shares) :-
An ISO 9001: 2008 and ISO 14001: 2004 certified company, Vadodara-based Chemcrux is a manu-
facturer of intermediates for bulk drugs, dyes and pigments. It has the capability for development
and execution of high pressure oxidation, nitration, chloro sulphonation, etc. Its products are ex-
ported to US, Egypt, and Europe. It had issued shares at Rs. 18 in March 2017, while shares were
listed at Rs. 21.60. This Column had recommended the stock multiple times at a price of Rs. 32.
The share can be seen at Rs. 130 to Rs. 170 going ahead.
Veeram Infra Projects (Rs. 21.05) (Code: 542046) (Lot size: 2,000 shares)
:- Established in 1994, this Ahmedabad based company is engaged in the trading of graphics,
printing and general items, and also real estate business. The company has been focusing more
on real estate activities in the past two to three years. The company had issued shares at Rs. 51
apiece. The shares had touched a high of Rs. 54 post-listing, before continuously falling to Rs. 18.
The share has changed direction from the bottom price.
Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short
/ Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or
may not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
BUY OF THE WEEK
Dark Horse
2 weeks ago we had recommended GOLDIAM INTERNA-
TIONAL at Rs.77.65 as dark horse, it zoomed to Rs.109.5 lev-
els and recorded almost 41% appreciation in just two weeks.
TRADNICAL STRATEGY
Email: nimesh@nimeshthaker.com, M. 9228237373
NIMESH THAKER, BARODA
Sebi Registered NO. : INH000005874
On technical point of view , The structure of nifty or the move from 11500 to 11850 during the
month of April could consider as weak because there is big RSI divergence on daily chart. So Nifty
should sustain above 11850 level to gain fresh momentum. On downside 11630-11550 are sup-
port for Nifty while on upside 11850-11900 may act as resistance for next week.
On option point of view, Nifty 11800 call option indicates highest open interest build up and
short covering seen on 11700 put option means short term trader not expect higher side in next
week.
With keep in mind all above data I expect, Nifty may remain in sideway range in 11850-11550 in
coming days. I expect either side break out will lead to move Nifty in that direction.
For your investment and stock related queries you can contact me on 9228237373.
Stock Buzz
Subramanian Mahadevan
dolphincapital@gmail.com
Range is governed by the Bearish candlestick pattern formed at life-high levels which continues to
act as Resistance. Once the indices overcome this Resistance then we can expect Sensex to
scale pattern target of 41053 and Nifty 12232. A break on the downside which has multiple bot-
toms at lower boundary, can take the indices down to test the strong Support at the higher bottom
of Sensex 37667 and Nifty 11311 followed by Bullish Gap between Sensex 37230-37106 and
Nifty 11227-11180 which is a strong Support zone.
Both Sensex and Nifty completed a Bullish Flag pattern whose targets are at Sensex 40873 and
Nifty 12211 as long as Sensex remains above 38460 and Nifty above 11549. Previously, when the
indices gave a Bullish breakout for the Trading Range of 4 months; a Bullish Cup & Handle pattern
got completed, whose targets falls at Sensex 41053 and Nifty 12232. Both Sensex and Nifty are in
sideways consolidation and once that is over, both the indices will be headed for the above men-
tioned targets.
Both the indices again tested the short term average of 20dma (Sensex - 38872 and Nifty -
11671) successfully and managed a close above it. Both the indices continue to remain above the
long term average of 200dma (Sensex - 36637 and Nifty - 11022) and even the medium term
average of 50dma (Sensex - 37790 and Nifty - 11354). Thus the Trend in the long term, medium
term and short term Timeframe continues to remain Bullish.
MACD is in Sell mode whereas Price ROC is positive and in Buy mode. RSI (57) still suggests
Bullish momentum. Stochastic Oscillator %K (58) is above %D and hence in Buy mode. ADX (34)
suggests UpTrend still very strong. Directional Indicators are in Buy mode as +DI is above -DI. MFI
(59) suggests Positive Money Flow. OBV still suggests Uptrend. Thus majority of Oscillators are
suggesting a Bullish bias.
Options data for May series indicate highest Call Open Interest is now at the strike of 12500
whereas the highest Put build-up is at the strike of 11000. Thus Options data suggests a wide
trading range with resistance at 12500 & support at 11000.
Financial Weekly
Jignesh R Mehta
(SEBI Registered Research Analyst)
E-mail : support@kiranjadhav.com
Website : www.KiranJadhav.com
Phone: 9327 11 3344 / 9328 11 33 44
Twitter: @jigneshrmehta
RISING STAR
Larsen & Toubro Ltd. (1363.00)
NSE: LT, SECTOR:Infrastructure-General
Cont...
Financial Weekly
ously acting as resistance before Nov-17 but after these level was breached the same kind of level
was acting as support. About four times the stock price went to test these same horizontal line as a
support just after Nov-2017. While price was being tested as supports the volume upspirt was also
visible and shown in given chart as blue oval. Also from 2014 price is continuously staying above
2 important support lines. The recent and steeper support line should be considered as our first
stop loss. Currently 1250 if considered as stop loss and if one's financial advisor is ready to keep it
as a stop loss then a target view of double the money from the described horizontal line at 1160 * 2
= 2320 can be estimated in coming 2 years.
Jignesh R Mehta
SEBI Registered Research Analyst
www.kiranjadhav.com
support@kiranjadhav.com
Phone: 9327 11 33 44 / 9328 11 33 44
Twitter: @jigneshrmehta
Disclosers: Views expressed in this article/articles are personal opinion of Author and it does not constitute an offer to buy
or sell securities mentioned herein. Enough care has been taken before arriving at these data, figures & charts, however, readers
are advised to do their own assessment before taking any actions in the market. The author and his company does not take any
responsibility for any results that may arise out of using this information.
Trading Buy
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Arvind 500101 82.85 78/80 85 90 74
DHFL 511072 143 132/135 142 150 127
Jindal Steel 532286 183 175/178 185 192 172
MRPL 500109 70.75 68/70 74 78 65
Reliance Capital 500111 136 132/136 145 155 125
STAR 532531 484 475/480 490 500 468
Suzlon 532667 6.85 05-Jun 8 11 4
Trading Sell
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Muthoot Finance 511766 602 640/645 635 625 655
Note : All calls are momentum calls based on technical analysis and all levels as per future prices (If scrip not available in futures then BSE Cash price). All
these calls are given based on daily charts but intra-day signals are equally important to enter the trade in a timely manner. Timing is very important and we at
shareinfoline.com give you timely calls based on intra-day charts. Read Disclaimer at ShareInfoline.com
7744804098
Financial Weekly
Before going to next topic in detail , I wish to discuss about in this topic, what is Indicators and
Oscillators,what role they play in Technical Analysis and how traders and Investor get benefited
from it in their trading and investment decision.
Indicators and Oscillators are design on the basis of the stock's historical price data,volume and
open interest in the stock with the help of mathematical formula they gives us some number and on
Cont....
Financial Weekly
P.T.O.
Financial Weekly
# Pidilite Indus-
tries Ltd (Last close
Rs 1201.5) :- Pidilite In-
dustries Ltd is engaged in the
manufacture of adhesives and
glues, including rubber based
glues and adhesives.
It was in a bullish trend for
many days. On 15/04/19' it
made a life time high of Rs
1312. After that, vertical down
move started in the stock and it
came down up to Rs 1195 in straight line. After that the stock was in good consolidation. On 03/05/
19', it has given a fresh breakdown. It has formed a Bearish flag pattern on daily chart. One can
shortsell for a price target of Rs 1126. Stop-loss would be Rs 1223 on daily closing basis. Time
frame is 10-12 days.
Financial Weekly
Cont...
Financial Weekly
in strong uptrend since July 2018. Stock has risen steadily from its bottom of 1365 formed earlier this year.
Coming to indicators ADX, MACD, PSAR and Super trend indicate buy on daily, weekly charts and
monthly charts. The stock is trading above 10, 20, 50, 100 and 200 EMA on Daily chart. The stock can be
bought at 1897 and added on dips with a target price of Rs.2450 in next 15 to 18 months.
Low: 832/508.05 respectively. The stock made an all-time high of Rs 842 on 02/04/2018 and corrected
gradually to its 52 week low of 508.05 in October last year. The stock has completed a cycle correction
of its uptrend from 2013 to 2018 by retracing close to 50% retracement of the move from 127 to 842 and
looks like having begun a fresh long term uptrend.
Coming to indicators ADX, MACD, PSAR and Super trend indicate buy on weekly chart. On monthly
chart the MACD is curving towards buy mode with super trend in buy mode. The stock is trading above
10, 20, 50, 100 and 200 EMA on Daily chart. The stock can be bought at 698 and added on dips with a
target price of Rs.830 in next 12 to 15 months.
Financial Weekly
NIFTY FUTURE
NIFTY FUT SUPPORT AT11600-540AND RESISITANCE11880-12000
STRATEGY:-BUY BANK NIFTY ON DIPS TILL 29800 SL 29600 TA 30400-30800
STOCKS F & O:-
INDIGO :- BUY INDIGOON DIPS TILL 1550 SL 1500TA 1650-1700
OBC :- BUY OBC ON DIPS TILL 96SL 94TA 103-108
ADANI ENT :- BUY ADANI ENT ON DIPS TILL 124 SL 120 TA 134-38
DIVIS LAB :- BUY DIVIS LABON DIPS TILL 1670SL 1640TA 1750-1800
ALL SL ARE CLOSING BASIS
SELL STOCKS
SELL TCS ON RISE TILL 2190 SL 2240 TA 2100-2080
SELL INFY ON RISE TILL 745 SL764 TA 700-680
DELIVERY STOCKS
BUY PHILLIPS CARBON (Rs. 151) SL 120 TA 180-200
DISCLAIMER :-The Recommendations are based on technical analysis. There is a risk of loss in
trading.Please visit website www.dallalstreet.org for full disclaimer and disclosures.
Godrej Properties Ltd (Rs.823.00) (Code:533150) :- The real estate sector com-
pany has its projects in Chennai, Chandigarh, Gurgaon, Ahmedabad, Nagpur, Kolkata, Mumbai,
Pune, Hyderabad, Bengaluru and Kochi. In the fourth quarter of FY2019, the company's consoli-
dated net profit increased from Rs42.28 crore to Rs156.66 crore, while income increased from
Rs533.09 crore to Rs1203.21 crore. The board of directors have approved a proposal to raise
Rs2500 crore through equity shares, preferential shares, debentures and qualified institutional
placement issue. Strong backing from Godrej Group, strong balance sheet and good performance
make the stock attractive for the investors.
AU Small Bank (Rs630.00) (Code:540611) :- The bank's share remained between
Rs745 and Rs502 during 52 weeks. The promoters hold 32.19% and public hold 67.81% stake in
the company. As against equity of Rs292.36 crore, the company has reserves of Rs2870.53 crore.
In March quarter, the company's income increased by 64.91% from Rs531.72 crore to Rs876.85
crore, while profit was at Rs118.24 crore. The bank came up with IPO in June 2017 at price of
Rs358 and it has given handsome returns to the investors in less than a year. The way bank is
disbursing loans, there is minimal possibility of default. The stock prices have witnessed a correc-
tion to make it attractive so it can be considered for investment.
SRF (Rs2572.00) (Code:503806) :- It has presence in technical textile, chemicals, pack-
aging and other segments. As against equity of Rs58.44 crore, the company has reserves of
Rs3506.10 crore. In December quarter, the company's income increased from Rs1378.20 crore to
Rs1907.21 crore, while profit increased from Rs131.22 crore to Rs165.71 crore with EPS of Rs28.83.
FIIs hold 17.10% and Mutual funds hold 10.93% stake in the company. In the current quarter, the
mutual funds have increased the stake by 2.43%. The company paid 120% dividend for 2018 and
interim dividend of 60% for 2019. The stock has been trading at alltime high and it bounce backs
after every correction in the price.
Ultratech Cement (Rs4617.00) (Code:532538) :- It is one of the biggest cement
manufacturing company in the country which is also active in cement products. Taking into consid-
eration the macro economic situation of the industry, it can be believed that the company is in
favourable position. The demand has witnessed reasonable hike. It will add 12 MT production
capacity in 2020. Along with housing sector, activities in industrial and commercial sectors have
also increased. The company's facility utilization is 90%. The cement prices are going up. In FY2019,
the company witnessed net profit of Rs2455.72 crore on income of Rs35703.50 crore. The board of
directors have announced dividend of Rs11.50 per share. Higher demand and price hike in ce-
ment sector may prove beneficial to the company.
Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short
/ Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or
may not be substainedin future "
(Dilip K. Shah)
Research Analyst
SEBI Regn No. : INH000002152
Financial Weekly
Golden quote :-
All I can Control is myself
and just keep having positive attitude
Financial Weekly
Dilip Davda
e-mail Expert’s Eye
dilip_davda@rediffmail.com
Ex-Bonus buying that gave push to indices turned sellers and thus
Foods & Inns (2 for 1) market turned negative for the week so far. Consumer Goods,
Banking, IT counters eased on profit booking. Small and
Right Issue Mid cap counters too eased on hammerings. FIIs were net
announcement buyers while DIIs were net sellers for the day.
Scanpoint Geo (62 for 645) On Friday too we marked divergent opening and slide
post noon. NSE Nifty lost 12.50 points to close at 11712.25
Bonus Meet
and BSE Sensex marked deficit of mere 18.17 points to end
Oceanic Foods (06.05.19)
Relaxo Foot (10.05.19) the day at 38963.26. Amidst volatile trade with subdued
Financial Weekly
HDFC Life Insurance (Rs. 413.00) (Code : 540777) (F. V. : 10.00) :- HDFC
Life Insurance has reported a 24 percent yoy growth in total premium as new business premium
grew 32 percent, outpacing the modest growth (16 percent) in renewal premium. The insurer's
individual annualised premium equivalent (APE) rose 13 percent to Rs 6,260 crore for FY19. Two
highlights of its performance are a 67 percent jump in term protection APE at Rs 1,045 crore and
annuity APE expansion of over 140 percent, though on a smaller base. HDFC Life’s continuous
focus on the relatively high margin protection business (term insurance) was clearly visible as its
share improved to 17 percent in FY19 compared to 11 percent in FY18 on an overall APE basis.New
business margin (post overrun) rose to 24.2 percent in FY19 compared to 23.2 percent a year ago.
In terms of valuation, the HDFC Life stock trades at 4.4 times its trailing Price-to-Embedded Value
(P/EV), with a significant premium to its peers. Buy.
Aurobindo Pharma (Rs. 779.00) (Code : 524804) (F. V. : 1.00) :- Shares of
Aurobindo Pharma jumped to the highest in over 31 months, after the margin of Sandoz’s U.S.
business, which it agreed to acquire last year, beat expectations for the March quarter. The busi-
ness, including Sandoz’s dermatology and oral solid units, posted revenue and operating profit of
$1.17 billion and $294 million, respectively, Novartis AG, which owns Sandoz. The acquired port-
folio would comprise over 300 abbreviated new drug applications, out of which 40-50 await ap-
proval. This, the Hyderabad-based pharmaceutical firm said, would drive growth in the near- and
medium-term. Nearly 33 out of the 39 analysts tracking Aurobindo Pharma have a ‘Buy’ rating on
the stock with the others recommending ‘Hold’. The Bloomberg consensus target shows a poten-
tial upside of 12 percent on the stock. Buy in phased manner.
L&T Infotech (Rs. 1677.00) (Code : 540005) (F. V. : 1.00) : L&T Infotech
reported 30.8 percent yoy growth in consolidated net profit for the fourth quarter to Rs 378.5 crore.
Consolidated revenue grew 24.2 percent to Rs 2,486 crore for the final quarter of FY19 from Rs
2,001.2 crore for the comparable quarter last year. For the full year ended March 2019, the company’s
net profit grew 36.2 percent to Rs 1,515.5 crore from Rs 1,112.4 crore last fiscal. The revenue for
the fiscal was Rs 9,445.8 crore, up 29.2 percent compared to the last fiscal. Banking and financial
services and insurance is the largest revenue generator for the company with the revenue at Rs
1,130.5 crore followed by manufacturing, hi-tech and CPG, retail and pharma. The stock is in con-
solidation mode. Buy in phased manner.
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.
Financial Weekly
Infosys (Rs. 723.00) (Code : 500209) (F. V. : 5.00) :- Country's second largest
IT services provider Infosys, on April 12, reported better-than-expected March quarter profit growth
of 12.88 percent sequentially, but lowered its FY20 revenue growth guidance amid likely global
growth worries.Profit for the quarter at Rs 4,074 crore was ahead of CNBC-TV18 poll estimates of
Rs 3,910 crore. Q3FY19 margin had a one-off impact from declassification of Panaya and Skava
from assets held for sale.Revenue in rupee terms during the quarter grew by 0.6 percent sequen-
tially to Rs 21,539 crore and dollar revenue increased 2.44 percent QoQ to $3,060 million, which
both were in line with analyst estimates.For the year, company's revenue in constant currency
grew 9 percent and margin stood at 22.8 percent against guidance of 8.5-9 percent and 22-24
percent respectively.Its digital revenues in Q4 at $1,035 million (33.8 percent of total revenues)
registered a sequential growth of 9.7 percent in constant currency and 41.1 percent year-on-
year.Infosys rallied 33 percent in last one year and 13 percent, so far, in 2019. Accumulate.
TVS Motor (Rs. 482.00) (Code : 532343) (F. V. : 1.00) :- TVS Motor Company
has reported a 19.2% decline in its standalone net profit to Rs.133.8 crore for the fourth quarter of
2018-19. Revenue rose to 4,384.02 crore against Rs.4,007.24 crore a year ago.. For 2018-19, the
company posted a net profit of Rs.670.1 crore, up 1.13% from Rs.662.6 crore. Meanwhile, com-
pany has registered a growth of 5% with sales increasing from 304,795 units in April 2018 to 318,937
units in the month of April 2019. Total two-wheelers registered a growth of 4% with sales increas-
ing from 293,418 units in April 2018 to 305,883 units in April 2019. Domestic two-wheeler sales
registered a growth of 3% from 241,604 units in April 2018 to 248,456 units in April 2019. Scooter
sales of the Company grew by 9% from 89,245 units in April 2018 to 97,323 units in April 2019.
Motorcycle sales grew by 9% with sales increasing from 131,704 units in April 2018 to 143,063
units in April 2019. The Company's total exports grew by 13% from 61,798 units registered in the
month of April 2018 to 69,565 units in April 2019. Two-wheeler exports grew by 11% increasing
from 51,814 units in April 2018. Figures are good as most of the industry players have shown
muted growth or degrowth. Buy for longer term perspective.
Tata Steel (Rs. 547.00) (Code : 500470) (F. V. : 10.00) :- Tata Steel Ltd’s
consolidated first quarter net profit more than doubled to Rs.1,934 crore from Rs. 921 crore in the
corresponding period of last year. It also witnessed an year-on-year (YoY) increase of 13.8% in
revenues to Rs.16,405 crore, while EBITDA for the quarter jumped by 75.2% to Rs,5118 crore.Tata
Steel India delivered a stand out performance of 31% EBITDA margin on the back of strong under-
lying business performance and improved market conditions. Last year in May,Tata Steel had
acquired Bhushan Steel Ltd under the Insolvency and Bankruptcy Code. The process of consoli-
dation of accounts is complete. Tata Steel has also thrown its hat in the ring for the stressed assets
of Bhushan Power and Steel, which will witness another round of bid revisions. Steel sector shows
positive trend in near future. Buy.
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.
Financial Weekly
West Coast Paper (Rs. 245.00) (Code: 500444) :- Shares of this B group listed
paper and paper products company have face-value of Rs. 2. The share touched a 52-week high
of Rs. 414 and low of Rs. 224. Promoter holding in the company is 56.72%. The company’s plant is
in Karnataka, where it makes paper for printing, writing, publishing, notebooks, and packaging. All
paper companies have reported good performance in the past two years. Closure of the plant of
BILT will benefit them. For December 2018 quarter, it reported income of Rs. 435 crores, which
was 6.5% higher than last year, while profit shot up by over 57% to Rs. 67.55 crores. EBIDTA was
up nearly 37% to Rs. 112 crores. The stock is trading at just four times the earnings, and can
deliver 15-20% returns in the short to medium term.
MRPL (Rs. 71.00) (Code: 500109) :- The shares of this refinery are listed in A group
and have face value of Rs. 10. The shares touched a 52-week high of Rs. 108 and low of Rs. 60. It
is the third largest refiner after HPCL and BPCL. Promoter holding is 88.58%. The company had
announced 60% dividend last year, which works out at 8.44%. For 2017-18, MRPL reported in-
come of Rs. 63,083 crores and profit of Rs. 2,224 crores. For December quarter, it reported income
of Rs. 20,250 crores, and loss of Rs. 267.72 crores. It is expected to report strong numbers for
March quarter. The stock can be seen touching Rs. 100 levels in the next 2-3 quarters.
IFGL Refractories (Rs. 230.00) (Code: 540774) :- IFGL Refractories is a part of the
SK Bajoria Group. The Indian MNC also has plants in Brazil, China, UK, US, and Taiwan. The B
Group listed shares touched a yearly high of Rs. 272 and low of Rs. 195. Promoter holding is
72.43%. Along with refractories, it also makes operating systems for iron and steel industries. It
makes Slide-Gate systems and refractories with latest know-how from Krosaki Harima Corpora-
tion, which is a subsidiary of Nippon Steel Corporation. The company has adopted the takeover
route to expand operations. The domestic demand for steel is expected to grow by 6-7% due to
Make in India, PM Awas Yojana, and other government policies. The company has equity of Rs.
36.04 crores, reserves of Rs 453 crores, and net-worth of Rs. 489 crores. For the December quar-
ter, it reported standalone income of Rs. 234.52 crores and profit of Rs. 8.23 crores. The EPS for
the first nine months was 14, and it is pegged at Rs. 18 for the whole year. The stock can be seen
touching Rs. 300 in 2-3 quarters.
SAIL (Rs. 56.00) (Code: 500113) :- The shares of this iron, steel and interim products
company are listed in A Group of BSE and have face-value of Rs. 10. The shares touched a 52-
week high of Rs. 91 and low of Rs. 44. A Maharatna, SAIL is a leading steel producer in the
country. It produces a wide range of basic and special steel products, which are used in railway,
construction, engineering, power, defence and automotive segments. It is the 24th largest steel
producer in the world in terms of capacity. It plans to invest Rs. 5,000 crores for new plants in
Gujarat, Maharashtra, and Andhra Pradesh. For December quarter, its sales were up by 3.3% to
Rs. 15,836 crores, while profit soared 1,328% to Rs. 616.30 crores from Rs. 43.16 crores in the
same period of last year. The stock can be seen touching new highs going ahead.
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.
Financial Weekly
Reliance strong; Reliance is going very strong above 1400 level. The buying may emerge
around rs.1390/95.share is up till it remains above rs.1385.this should be s/l.
Tata motors. After one side move share is expected to consolidate for time being. The
result declared is not good. We like recommended sale on every rise. On don side it may
touch rs.200.
Yes bank; after continuous three days fall, on Thursday share was up on buying interest.
Jet; after banks agreed for loan, why loan not disbured? The share is going king fishers
way. Now all are waiting for action.
In India air lines business is not good business. How Air India is performing?
Dabur India" profit down but we fell that share is good investment. Buy on decline around
rs.371 and s/l of rs.365.
Tvs motors results indicate that price should fall to rs.365/360. In days to come.hols short.
JSW steel is good buy around Rs.305 with s/l of rs.302.the upper side target of 312/313.
NIFTY :- For next week NIFTY has strong support around 11660 levels. Break will take it to
11625-11575 levels. On the upper side NIFTY will face strong hurdle at 11825 levels, cross over
with volume and close above will create short covering at take NIFTY up to 11875-11950 levels…
BANK NIFTY :- For next week BANK NIFTY has strong support around 29795 levels.
Break will take it to 29640-29550 levels. On the upper side BANK NIFTY will face strong hurdle at
30125 levels, cross over with volume and close above will create short covering at take BANK
NIFTY up to 30300-30500 levels…
INVESTMENT IDEAS…
BOMBAY DYEING & MFG CO LTD
(500020 & NSE) (126.5) (Face Value Rs.2)
For Q4, Company posted bumper number. During Q4FY19, its PAT zoomed 11345.94% to
Rs.1253.33crore from Rs.10.95crore in Q4FY18 on 267.71% higher sales of Rs.2786.36crore fetch-
ing an EPS of Rs.60.68. Everyone, whose financial advisor is allowing to trade in this stock for
short term can watch with a strict stop loss of Rs.120.
AGRI-TECH (INDIA) LTD
(537292 & NSE) (62.7) (Face Value: Rs.10)
Agri-Tech (India) Ltd is a group company of the Aurangabad-based Nath Bio-Genes, which was
demerged from Nath Seeds Ltd in 2004 to focus on agri sector activities.
It has an equity base of just Rs.5.94crore that is supported by huge reserve of around
Rs.102.56crore. It's share book value works out to Rs.182.66. Its P/BV ratio stands at just 0.34x.
The Company's value emerges from the following 3 verticals
1) Agri-Tech Holds 1495131 shares of Nath Bio-Genes (CMP 462) valued at Rs.69 crore.
2) It is engaged with corporate farming business and having land bank of around 1100 acres.
3) Agri-Tech holds 60% stake in Paithan Mega Food Park Pvt Ltd (PMFP) which is one of the
biggest food park spread across 110 acres.
At CMP, its market cap is just Rs.37 crore against its huge investments. It is a debt free com-
pany. Last time in August 2017 we covered this stock at Rs.60.75, after that it zoomed to Rs.184
levels and recorded almost 203% appreciation in 6 months. After hitting high of 184, stock came
down up to 50 levels in September 2018 and since September 2018 stock is trading between
Rs.50-60 levels. Everyone, whose financial advisor is allowing to trade in this stock for medium to
long term can watch with a stop loss of Rs.50.
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.
Financial Weekly
MARKET TREND
NIKHIL BHATT
(+919979380808)
WWW.INVESTMENTPOINT.IN
During Narendra Modi Government Market Cap increased from Rs83.78 lakh crore to 153.09 lakh crore
Sensex witnessed spurt of 14000 points: in Primary market 123 companies raised 1.38 lakh crore through IPO
This week three SME IPOs - two BSE SME and one NSE SME - in the market
Neogen Chem's mainboard IPO will get listed on May 8 : listing could be highly volatile
Artemis Ele's BSE SME IPO got poor response so price band reduced and deadline extended
Cian HC's BSE SME IPO gets poor response from day one so it may do Artenis Ele
Par Drugs & Chem's NSE SME IPO may witness fancy: Good response on the first day
Cian HC is overpriced issue: Due to poor response it may fail if not managed wisely
This week four NCDs issues - Muthoot Home, SREI Inf., Shakthi Fin & JM Fin - are in the market
Shriram City, Kosmattam, Manappurm Fin NCDs issues exited from the market
VR Films' BSE SME IPO got listed with nominal premium but closed at discounted rates
White Org and Evans Ele BSE SME issues have got closed with 1.5 times subscription
Arternis Ele's SME IPO will be in troubled water : Smart Investment's prediction turned true
Shapoorji Planoji's Sterling & Wilson approaches SEBI for Rs4500 crore issue
Shriram Prop's Rs1250 crore issue gets SEBI nod
The promoters come up with IPO mainly to take back Top Gainers among SME migrants
home more money than they invest in the company. In the Stocks Offer CMP Gains
Price (Rs.) (%)
last five years, the PSUs have also made handsome money Suyog Telematics 25 479.20 1816.9
in name of disinvestment. SRG Housing Fin. 20 350.7 1653.5
Vishal Fabrics 45 639.8 1321.8
However, only a handful of IPOs in the primary market BC Power 18 199 1005.6
Yash Chemex 23 248.9 981.1
have been able to match the growth witnessed by the sec- Lancor Cont. 12 120 900.00
ondary market. When NDA Government under leadership Bella Case Fashion 14 139.0 892.9
Prabhat Telecoms 51 484.0 848.0
of Narendra Modi took oath on May 26, 2014 the market Jiya Eco 19 145.6 666.1
capital was Rs83.78 lakh crore, which has touched Jupiter Info. 20 120.7 503.5
Rs153.09 lakh now. Sensex has gone up from 24717 to 39067 points. Total 123 compa-
nies raised Rs1.58 lakh crore through IPOs, of which 56 are giving negative returns and
others are giving positive returns up to 150%. Avenue Super Mart has given 335% and
Teamlease has given 251% return.
After exit of Neogen Chemical IPO, no mainline IPO has been announced mainly
ting the market. Currently three Allotment & Listing Process (Likely)
Neogen White Evans Cian Par Drugs
IPOs are in the market. Four Chemical Organics Electric HC & Chemi.
NCDs issues are also present in Issue Closed 26-4-19 2-5-19 3-5-19 9-5-19 8-5-19
Finalisation of Basis of Allotment3-5-19 7-5-19 8-5-19 14-5-19 13-5-19
the market. Refund/Unblocking of Fund from ASBA 6-5-19 8-5-19 9-5-19 15-5-19 14-5-19
Credit of Eq. Shares to Demat A/c.7-5-19 9-5-19 10-5-19 16-5-19 15-5-19
* Neogen Chemicals Listing Listing on BSE / NSE 8-5-19 10-5-19 13-5-19 17-5-19 16-5-19
:- The mainboard IPO with price band of Subscription Figures of SME IPO (Dt. 3-5-2019)
Rs212-215 closed on May 26. The is- IPO Listing Day Subscribed
Artemis Electricals BSE SME 6th Day Subscribed 0.63x
sue got 41.37 times subscription. IPO White Organics BSE SME Issue Closed on 2-5-19 1.36x
allotment has been completed on May 3 Evans Electric BSE SME Issue Closed on 3-5-19 1.59x
Cian Healthcare BSE SME 2nd Day Subscribed 0.09x
and unblocking will take place on May Par Drugs Chemical NSE SME 1st Day Subscribed 0.21x
Subscription figure of Current NCDs Issue • Evans Ele. :- Rs1.93 crore issue with
Sr. NCDs Base Issue aggregating Subscirbed (x)
as on : 2-5-19 (Rs. Cr.) (Rs. Cr.) (against
fixed price of Rs52 a shares got closed
Base Issue) on May 3 with 1.59 times subscription. It
1. Magma Fincorp. 200 (Issue Closed 30-4-19) 1.02
2. Muthoot Home Fin. 150 300 1.96x was managed easily as it was too small
3. SREI Infra 100 500 0.99x
4. Sakthi Finance 100 150 0.86x
in size.
5. J.M. Finance 200 1000 1.36x
Cont...
Financial Weekly
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may
have investment in this stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am
recommending • Stop loss is useful for Short / Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising
out of investment based on tis advices • Past performance may or may not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI
Regn No. : INH000002152
Financial Weekly
Mr Chandrakant P. Patel, Chairman and Managing Director, Ice Make Refrigeration Lim-
ited said "The Company earlier had to procure condenser coil from the domestic market and
majority of suppliers of evaporator coil from overseas. But now with the commissioning of
this in-house manufacturing facility with a capacity of 45000 units and up-gradation of vari-
ous machines at our existing plants we have efficiently improved our production efficiencies
reduced lead time in procurements and as well as reduced inventory carrying costs. The
condenser coils and the evaporator coils are an essential component of the condenser and
evaporator respectively, which are integrated into the refrigeration equipment. As planned we
have upgraded the existing facilities by Installing Laser Cutting Machine, Upgrading the PUF
foaming technologies, adding new models of Bulk Milk Chillers and carried other ancillary
improvements in the system assembly"
The company is currently supported by two state-of-the art manufacturing facilities speared
across 2, 45,000 square feet of land area at Dantali, Gujarat and 20,000 square feet of land
area in Chennai, Tamil Nadu. The Company manufactures Cold Rooms, Refrigeration Sys-
tems, Cold room doors, Mobile Refrigeration Vans, Chiller, Ice building Tank, Deep Freezer,
Bulk Milk chiller systems, Hose Chiller, Ice candy Machine among other cooling equipments.
These refrigeration products are used by wide range of Industries including Dairy, Ice Cream,
food processing, agriculture, pharmaceuticals, Cold Chain, Logistics, hospitals, Hospitality
and retail among others. The Company also exports its products to overseas clients in 21
countries.
Financial Weekly
Smart Investment
Subscription Rates Revised from : 1st Jan. 2018
ELðuMx{uLx
Smart Investment Weekly
Gujarati Edition to cost Rs. 40/- Gujarati
From 1st January 2018
1 Years ` 1800/-
Edition
Our Soft
Copy
2 Years ` 3200/-
subscription
rates 3 Years ` 4500/-
Subscription
12 Month Rs. 950
2 Year Rs. 1700
3 Year Rs. 2500
Financial Weekly
ARCHI PUBLICATIONS
311 to 313, Nalanda Enclave, Pritamnagar 1st Dhal, Ellisbridge, Ahmedabad-6. GUJARAT, INDIA
Phone : 079 - 2657 66 39, Fax : 079 - 2657 99 96 • Mob. : 0982500 6980
E-mail :
smartinvest25@yahoo.in / smartinvest25@gmail.com / info@smartinvestment.in
web : www.smartinvestment.in
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 ac-
tions. The author, his company or his acquaintance may / may not have positions in the scrips
featured herein
Financial Weekly
D(en)O(f)W(ealth)
After grand success of our Website www.smartinvestment.in & Our Publications, Smart
Investment Weekly (Gujarati & English), Smart Plus News Letter & Smart Bonanza (Gujarati
Weekly), Smart Investment proudly announces launch of DOW wherein subscribers to
this service will be given through SMS/Email Breaking News and Other Buy / Sell Ideas
which happen during the week i.e. during the interval of publication of our 2 issues.
Such information will be ahead of our competitors and will enable subscribers to reap
rich dividend in short term/few days as well as early entry for LongTerm Wealth creation.
Investors interested to subscribe to DOW can provide their Mobile no and email id and
make payment of
: : : Bank Details : : :
HDFC Bank : Current A/c No. : 00062560008858
Beneficiary Name : Archi Publications
RTGS / NEFT IFSC : HDFC0000006
Navrangpura Branch, Ahmedabad-380009.
Subscription Chart
E-mail Edition (Soft Copy) (Every Saturday)
Smart Investment Weekly 1 Year 2 Years 3 Years
1. Gujarati Edition 1800 3200 4500
2. English Edition 1100 1850 2650
Warning :-