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63
GAMC No. :1703/2015-17. Issued by SSP Ahd. Valid up to 31-12-2017

VOL : 10 • Issue No: 12 RNI No : GUJENG / 2008 / 24320 6th May, 2018 to 12th May, 2018
FII Activity (Rs. in Cr.)

Date Buy Value Sell Value Net Value
30-04-18 3792.24 4177.71 -385.47
01-05-18 Holiday
02-05-18 6921.85 7447.78 -525.93
03-05-18 5677.52 5825.94 -148.42
04-05-18 3398.5 5026.73 -1628.23
Total 19790.11 22478.16 -2688.05
DII Activity (Rs. in Cr.)

30-04-18 3792.24 4177.71 -385.47
01-05-18 Holiday
02-05-18 6921.85 7447.78 -525.93
03-05-18 5677.52 5825.94 -148.42
04-05-18 3258.17 2174.08 1084.09
Total 19649.78 19625.51 24.27
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Financial Weekly
SMART 6th May, 2018 to 12th May 2018 5

INVESTMENT
Financial Weekly

INVESTMENT
Smart SME Stocks - Dilip K. Shah
SME Stocks worth keeping an eye on

Meera Ind. (Rs. 260.00) (Code: 540519) (Lot Size: 500) :- This Surat-based
company is a manufacturer of industrial machines. It had entered the capital market in May last
year by issuing shares at Rs. 36. The share got listed at Rs. 37, but it has rocketed after that. In less
than a year, the stock is up by more than 600%, making it the top gainer on the BSE SME platform.
For the March 2018 quarter, Meera Ind. reported income of Rs. 21 crores, up 60% from Rs. 13.46
crores last year. Net profit for the last quarter of 2017-18 surged by more than 150% to Rs. 2.65
crores from Rs. 1.06 crores in the same quarter of last year. It has announced 22% dividend for the
year, including final dividend of 12%.
Meera Ind. has equity of Rs. 2.85 crores, net-worth of Rs. 3.76 crores, and market cap of Rs. 102
crores. The company has nearly zero debt. The share is attractively valued despite the huge surge
in the last year.
Sanginita Chemicals (Rs. 66.00) (Code: NSE) (Lot Size: 3,000) :- This
Gandhinagar-based chemicals company had come out with its IPO in March last year by issuing
shares at Rs. 22 apiece. The shares were listed at Rs. 23, and touched Rs. 55 in three months.
Since then, the price has moved up to Rs. 66 per share. Promoter holding in the company is 73.50%.
The lot size may change going ahead. Booking profit in the share is advisable.
Sakar Healthcare (Rs. 79.00) (NSE) (Lot size: 3,000) :- As against the issue
price of Rs. 60, the shares got listed at Rs. 52.80 apiece on the NSE SME Platform in October
2016. Momentum is being seen in the stock. The company operates in the healthcare product
segment. Top pharma companies like Cipla, Intas, Cadila Healthcare, and Abbott are among its
clients. The scrip can be considered for investment at the current levels.
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
Every Sunday Every Wednesday
English & Gujarati Edition Gujarati Edition

Financial Weekly

INVESTMENT
Milestone Furniture Limited

Diversified Product Portfolio makes it Attractive
Milestone Furniture Limited is entering into the capital market
through SME IPO next week. Issue price is Rs. 45 per share.
It will raise Rs. 14.84 crore. Issue will open on 7th May, 2018 and
will close on 11th May, 2018
Corporate Feature
Milestone Furniture Limited is in the busi-
ness of Interior and Modular Furniture. The
company has been expanding its business
in a big way and plans to have presence in
Mumbai, Maharashtra & Gujarat. MFL is
engaged the business of Design, Manufac-
turing and Marketing of Interiors and Modu-
Issue Detail lar furniture in Education, healthcare and
corporate organization. Our company has
Issue Open : May 7, 2018 - May 11, 2018
regular business from existing clients such
Issue Type : Fixed Price Issue IPO
as Poddar International School, ONGC,
Issue Price : Rs 45 Per Equity Share
Municipal Corporation and Jet Airways
Market Lot : 3000 Shares
Issue Size : 3,297,000 Equity Shares of Rs 10 ag-
through Architect and Contractors.
gregating up to Rs 14.84 Cr Company & its executives have devel-
Res. Market Mak. : 1,65000 equity shares oped the skill and expertise in Space & work
Res. Retail Inv. : 15,66,000 equity shares station Management, designing and inno-
Res. HNI, QIP & FIIs : 15,66,000 equity shares vation in Furniture. We have also devel-
Promoter’s Stake : post issue 64.54 % oped the In house technical & Design team
Face Value : Rs 10 Per Equity Share to provide turnkey solution and implemen-
Order Quantity : 3000 Shares tation of interior and work space in Com-
Listing At : BSE SME mercial, Residential and Institutions. Our
The Objects of the Issue are aim to develop Interiors and Designs in
1. To set up the manufacturing facility to manufacture the Modular furniture and developed the tech-
modular and innovative furniture nique to make all products as "Make in In-
2. Working Capital Requirement dia" and provide competition to China and
3. General Corporate Expenses and other Markets.
4. To meet the expenses of the Issue Milestone Furniture Limited is entering
Corporate
Public Issue
Expense Fund Utilisation
3.37%
Purpose
11.91% Particulars (Rs. in Lacs)
Infrastructure- 981.85
Working
Building, Machinery, Power
Capital Working Capital Margin 350.00
23.60% General Corporate Purpose 176.8
Infrastructure
61.12% Public Issue Expenses 50.00
Total 1558.65
Financial Weekly

INVESTMENT
Milestone Furniture has strong financials. For last three

fiscals it has posted an average EPS of a whopping
Rs. 122.30 and an average RoNW of 44.67 %
into the capital market through BSE SME IPO. It will issue 32,97,000 equity shares of Rs. 10 each
at a fixed price of Rs. 45 per share. It will raise Rs. 1483.65 lacs. Issue will open on 7th May, 2018
and will close on 11th May, 2018. Minimum application is to be made for 3000 shares and in
multiples thereon, thereafter. Post allotment, shares will be listed on BSE SME. Monarch Networth
Capital Ltd. is the sole Lead Manager of the issue and Karvy Computershare Pvt. Ltd. is the regis-
trar to the issue. Issue constitutes 35.46% of the post issue paid up capital of the company.
On financial front, the company has reported turnover/net profits of revenue of Rs.894.68 lacs
and net profit of Rs.32.56 lacs for the FY17 against revenue of Rs.551.76 lacs and net profit of
Rs.19.89 lacs for the FY16. The financials have improved significantly in last four years. For the
period ended on 30th November, 2017 of the current fiscal year i.e. FY18, it has reported revenue
of Rs. 2371.92 lacs and net profit of Rs. 85.25 lacs. For last three fiscals it has posted an average
EPS of a whopping Rs. 122.30 and an average RoNW of 44.67%.
Milestone Furniture Limited was originally incorporated as Milestone Furniture Private Limited
on March 12, 2014 under the Companies

FINANCIAL PERFORMANCE Act, 1956 vide certificate of incorporation is-
Particulars 2016 2017 Upto Nov. sued by the Registrar of Companies,
(Rs. In Lacs) (Rs. in Lacs) 2018
Mumbai. The company was subsequently
SALES 551.76 894.68 2371.92
converted in to a public company and con-
Yoy Growth % 68% 62% 165%
EBIDTA 32.41 79.10 177.47
sequently name was changed to Milestone
PBT 28.03 50.46 106.29 Furniture Limited (MFL) vide fresh certificate
PAT 19.89 32.46 85.25 of incorporation dated June 14, 2017 issued
CASH PROFIT 24.27 56.10 111.53 by Registrar of Companies, Mumbai. It was
EPS - Rs. 198.93 93.09 2.60 incorporated by the Promoters- Mr. Digambar
BOOK VALUE -Rs. 297.51 13.37 15.20 S. Songhare & Mr. Ganeshkumar S.
Patalikadan with an aim of running manufac-
Promoters of Miletstone Furniture turing and marketing of Interior and Modular
Mr. Digambar Songhare Furniture business.
He is Commerce Graduate, having 12 years of Milestone has differentiated itself from the
business experience in Material Management and competitors through introduction of new prod-
Interior Design, manufacturing and marketing of In-
terior and Modular Furniture. He has developed the
ucts, including launching innovative designs
skill and expertise in Space & work station Manage- targeted at addressing consumer needs, mar-
ment, designing and innovation in Furniture used in ket trends and providing superior value to con-
Education, Healthcare and Corporate organization.
sumers. Diversified product portfolio enables
He has developed an In house technical & Design team to provide turnkey
solution and implementation of interior and work space in Commercial, Resi- the company to cater to a wide range of pref-
dential and Institutions. He looks after the Business development, Custom- erences and consumer segments. Its products
ers Relation and Tenders for Turnkey project.
are the Ready to use and provide space man-
Mr. P.S. Ganeshkumar agement and primarily is targeted to clients in
He has studied Technical Training in Tools and die
and in Material Management and Interior Design. He has Education, healthcare, hospitality, banking, in-
18 years of experience in manufacturing and marketing surance and Info tech companies.
of Modular Furniture suitable for Education and Corpo- Milstone receives regular business from
rate organisation. During his career, he has developed
the innovative design and material combination for edu- existing clients such as Poddar International
cation furniture used in classroom, library, Presentation, School, Architect and Contractors. It has de-
Cafeteria. He has developed the skill for Interior design and space man-
agement to have healthy work environment. He looks after the overall day
veloped regular clients for supply of office
to day business activities, Customer Relation, manufacturing, sourcing of furniture and fittings also. The company has
material, design, Quality Control and Installation at site.
Financial Weekly

INVESTMENT
Opportunities FOR US Industry–Growth factors

• Our company has focus in Office \ corporate \ • Furniture Industry is driven by growth in Real
education furniture segments where players Estate, IT & banking, Tourism and Hospital-
are limited ity Sectors
• FDI in the Indian real estate sector and the • Growing affluence both in the urban and ru-
government’s Housing-for-All by 2022 initia- ral areas and higher proportion of middle class
tive and development of 100 smart cities to Indians aspiring for better lifestyle.
accommodate India’s growing urban popula- • Establishment of MNCs in metropolitan cities
tion are some of the growth drivers. Our focus in the country has also impelled the sales of
for combo package of furniture in affordable office furniture
homes through builders • Growing demand in tier 2 and 3 city for SME
• Entry barrier for unorganized players due to corporate and call centers
selection and performance criteria in tenders • Prefer to have ready to move furniture with
and order only to manufacturers with facility modern design and looks than traditional to
• Focus in Maharashtra, Gujarat and Karnataka make at own place.
to cater the fast growing markets • the growing western culture in the country
• In house design and QC team to support coupled with increasing consumers’ prefer-
space management, TQM and delivery time ence for branded products have given a con-
• Plans to have fully automated CNC and Press siderable surge to the branded furniture seg-
machines for quality products in bulk ment in the recent years
• Plans to supply to end users and corporate. • Focus on shifting towards organized players
Presently supply through contractor and ven- to supply quality and standard products on
dors chain of stores or E commerce.
developed an In house team of professionals for Design, drawing and space management interi-
ors suitable and specification of client needs. With determined efforts and dedication, the com-
pany has developed reputation, brand and goodwill for quality furniture and timely delivery & in-
stallation.
Milestone Furniture's Facility is located at 1 st Floor, Aslam Compound, Shree Nagar, Behind
Boghul House, Chandivali Road, Saki Naka, Mumbai, 400 072, India. It has obtained ISO 9000
certification for manufacture facility for quality. It is equipped with all facilities to execute all types of
manufacturing activities such as fabrication, moulding, cutting and polishing & packaging, etc.
The company is consistent in supplying of quality products round the year as customized products
are made available to them as per the market demand. The products comply with requisite safety
standards. As a quality conscious company, it provides high performance oriented range of prod-
ucts.
From processing to finish, the company tries its best to ensure the quality of every single prod-
uct delivered by the company. The Promoters, Mr. Ganeshkumar S. Patalikadan and Mr. Digambar
S. Songhare, with their rich experience of more than 10 years, have been prominently growing the
furniture business in a more organized manner thereby expanding their horizon to various sectors.
The company & its executives have developed the skill and expertise in Space & work station
Management, designing and innovation in Furniture used in Education, Healthcare and Corporate
organisation. It has also developed an In-house technical & Design team to provide turnkey solu-
tion and implementation of interior and work space in Commercial, Residential and Institutions.
The aim is to develop Interiors and Designs in Modular furniture and developed the technique to
make all products as Make in India and provide competition to China and other Markets. Under the
guidance of promoters, the company has successfully executed turnkey projects for design, sup-
ply and implementation of Interiors and Modular furniture in Education, healthcare and corporate
organisation.
Financial Weekly

INVESTMENT
Financial Weekly

INVESTMENT
Rapid Fire Stocks

- Kalpna J (Email- Kjtech79@gmail.com) (Ring : 97690 37711) Twitter : @Kj_TechTrades
Concor : Buy at CMP : 1365, Target - 1410 to 1555 ,SL- 1288, Time Frame 3 to 9 Months
TRIGGERS
1) GST BENEFICIARY
2) Concor ended FY18 with a consolidated profit of Rs 1,070 crore, up 25.7 percent YoY, on sales of Rs
6,622 crore, a growth of 10.7 percent YoY.
3) The domestic revenues for Q4 on a segmental basis grew 19 percent YoY to Rs 380 crore driven by a
14 percent growth in volumes.
4) Sharp improvement in EBIT margin to 12.5 percent from 5.3 percent in the previous quarter.
Container Corporation of India Ltd. (CONCOR), was incorporated in March 1988 under the Companies
Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the
Indian Railways.
Core Business
CONCOR's core business is characterised by three distinct activities, that of a carrier, a terminal op-
erator, and a warehouse operator.
Carrier
Rail is the mainstay of CONCOR's transportation plans & strategy. Majority of CONCOR terminals are
rail-linked, with rail as the main carrier for haulage. Facilities are, however, provided for first and last mile
transportation by road also. As rail is price-competitive over long distances, the price advantage can be
passed on to clients, thus allowing for flexible and competitive pricing. The rail link also plays a major role
in decongesting our ports and the road corridors that lead to these ports.
Though rail is the mainstay of CONCOR's transportation plan, some CONCOR terminals are exclu-
sively road-fed as well. Road services are mostly in the form of supplementary services to provide the
door to door linkages having carried the bulk of long lead by rail. However, where ever it is operationally or
economically a superior option, road is used as an alternative to rail as well.
Terminal and CFS Operator
CONCOR started operations in November 1989 with 7 Inland Container Depots (ICDs). We have since
extended the network to a total of 79 terminals, of which 14 are export-import container depots, 7 strategic
tieups and 22 exclusive domestic container depots and as many as 36 terminals perform the combined
role of domestic as well as international terminals.
CONCOR's customs bonded Inland Container depots are dry ports in the hinterland, and serve the
purpose of bringing all port facilities including Customs clearance to the customer's doorstep. The termi-
nals are almost always linked by rail to the Indian Railway network, unless their size or location dictates
that they be linked by road. The rail links enable us to facilitate the moving of large volumes over long
distances in the most cost effective manner.
CONCOR's terminals provide a spectrum of facilities in terms of warehousing, container parking, repair
facilities, and even office complexes. As CFS operator, CONCOR adds value to the logistics chain by
offering value added services such as
Transit warehousing for import and export cargo
Bonded warehousing, enabling importers to store cargo and take partial deliveries, thereby deferring
duty payment
Cont....
Financial Weekly

INVESTMENT
Less than Container Load (LCL) consolidation, and reworking of LCL cargo at nominated hubs
Air cargo clearance using bonded trucking
In the area of domestic business door pick up and door delivery services are the most popular. We also
use our terminal network to plan hub and spoke movements that allow single customers to move cargo to
multiple locations at a single time, with CONCOR taking care of the distribution and re distribution require-
ments.
The key value we offer is the provision of a single-window facility co-ordinating with all the different
agencies and services involved in the containerized cargo trade, from Customs, Gateway Ports, and
Railways, to road hauliers, consolidators, Forwarders, Custom House Agents and shipping lines. To achieve
a high degree of customization, we offer packages designed to provide the most cost-effective combina-
tion of road and rail. This enables us to offer services which can be individually tailored to every customers
specifications, minimizing customers own efforts.
Financial and Physical Performance
Financial and Physical figures of CONCOR for the last ten years are displayed as under. As can be
seen, the financial and physical performance during the last decade clearly brings out to success story of
CONCOR's growth.
Financial and Physical figures of CONCOR for the last ten years are displayed as under. As can be
seen, the financial and physical performance during the last decade clearly brings out to success story of
CONCOR's growth.
From its humble beginning, it is now an undisputed market leader having the largest network of 79 ICDs/
CFSs in India (72 terminals and 7 strategic tie-ups). In addition to providing inland transport by rail for
containers, it has also expanded to cover management of Ports, air cargo complexes and establishing
cold-chain. It has and will continue to play the role of promoting containerization in India by virtue of its
modern rail wagon fleet, customer friendly commercial practices and extensively used Information Tech-
nology. The company developed multimodal logistics support for India's International and Domestic con-
tainerization and trade. Though rail is the main stay of our transportation plan, road services and also
provided to cater to the need of door-to-door services, whether in the International or Domestic business.
CONCOR is committed to providing responsive, cost effective, efficient and reliable logistics solution to
its customers. It strives to be the first choice for its customers. CONCOR is a customer focused, perfor-
mance driven, result oriented organization, focused on providing value for money to its customers.
The mission of the Company is to join its community partners and stake holders to make CONCOR a
Company of outstanding quality. To provide responsive, cost effective, efficient and reliable logistics solu-
tions to its customers through synergy with community partners and ensuring profitability and growth. To
be the first choice for our customers, the Company remains firmly committed to its social responsibility and
prove worthy of trust reposed in it.
"CMD’s New Year Message
2017 has been an eventful year for CONCOR as we have built up on our strengths and expanded our
reach to 74 locations handling EXIM and Domestic Traffic all over the country. The 3 Quarters of FY 2017-
18 have shown an appreciable improvement in the performance and we are going aggressively ahead in
consolidating on the gains already achieved. Strategic Tie-ups with Partners like KRIL and CWCNSL have
expanded our Terminal network and is a step in the direction of complementing each other's strength and
capabilities and providing enhanced value to our Customers. Double Stack Operations has been given a
big push which has increased the evacuation numbers and also brought down the overall Logistics Costs.
The recent MoU with the Port of Singapore Authority for operating Extended Gates at 3 locations for their
upcoming terminal at JNPT is a landmark achievement and will be a first of its kind in India.
The New Year, 2018, brings ahead a number of opportunities to build up on our last years achievements
and take a number of initiatives in the direction of developing Distribution Logistics across various Nodes
in the country. Digitization of processes, aiming at 'Continuous Cargo Visibility' will be our highest priority.
Thus, we are initiating all the necessary steps in fulfilling Our Ethos: 'Customer Value Creation'."
Cont....
Financial Weekly

INVESTMENT
HDFC Bank
Buy at CMP : 1988, Target - 2075 to 2205,
SL- 1850, Time Frame 9 to 24 Months
HDFC Bank - HDFC Bank Ltd is a major Indian financial services company based in Mumbai.
The Bank is a publicly held banking company engaged in providing a wide range of banking and
financial services including commercial banking and treasury operations. The Bank at present has
an enviable network of 2201 branches and 7110 ATMs spread in 996 cities across India. They
also have one overseas wholesale banking branch in Bahrain, a branch in Hong Kong and two
representative offices in UAE and Kenya. The Bank has two subsidiary companies, namely HDFC
Securities Ltd and HDB Financial Services Ltd
www.Chittorgarh.com
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Financial Weekly

INVESTMENT
Financial Weekly

INVESTMENT
Sumeet Industries
The Leading Yarn company on
fast track expansion mode
Corporate Feature
Sumeet Industries is engaged in the business of polyester filament yarn. It

offers various polyester products, including poly propylene (crimped and fully
drawn yarn (FDY)) yarn, partial/pre oriented yarn (POY), polyester yarn, polyes-
ter chips, texturized yarn and dope dyed. It offers POY products for applications,
such as draw texturizing and air texturizing, draw twisting, and draw warping. It
also offers products, such as bright yarn and dope dyed black yarn. It offers FOY
products, including semi dull raw white FDY, bright raw white FDY and super
bright dope dyed FDY. It offers polyester texturized yarns, including yarns of 75
Deniers, 100 Deniers, 126 Deniers and 150 Deniers in various filaments both in
semi dull and in black color. It also manufactures carpet yarn or polyester multi
filaments yarn (bundle yarn), fancy yarns and multiply yarn.
Surat-based Sumeet Industries was started in 1988 and
became public limited in 1992. The Company had started
by setting up manufacturing of polypropylene multifilament
yarn with a capacity of 2000 tons per annum. Today it has
Financial Weekly

INVESTMENT
integrated facility of producing poly- Promoters of Sumeet Industries
ester yarn around 1,00,000 tones Shri Shankarlal Somani and
Rajkumar Somani belonging to a reputed and
per annum. It has also set up syn- well established business family hailing from
Dist. Sikar of Rajasthan. These entrepre-
thetic yarn texturizing unit with a ca- neurs have been settled in the textile city
Surat for more than 30 years. The promot-
pacity of 5400 tons per annum. It has ers have been engaged in trading of syn-
thetic cloth in the country and were among the few early mov-
now grown in a huge conglomerate ers to start synthetic processing in Surat in early 1990’s. The
with various business with an annual family sensed the great potential in textile at that point and
diversified into manufacturing of yarn in early 1990’s. In 1989
turnover of Rs.1405.00 Crores in FY the promoters established Sumeet Synthetics Pvt Ltd and went
public in 1993, with a unit to manufacture Polypropylene Mul-
2017. tifilament Yarn. Mr. Sumeet Kumar Somani, Son of Shri
Shankarlal Somani, a Management Graduate has been Direc-
The Company has modified some tor in the Company.
of its existing production capacity of POY and FDY Yarns for producing value
added yarns. During last five years, the company has spent Rs. 500 Crores for
backward integration.
Mr. Shankarlal Sitaram Somani is a spearhead of Sumeet Industries Ltd. He
founded the company in 1976. He started his trading business with the name of
Somani Trading Company. In the year 1981, he established a Fabric Processing
Unit named Somani Silk Mills (P) Limited at Ankleshwar near Surat.In 1988, he
diversified his business and estab-

Location Advantage for Sumeet
lished a Texurising Unit in the name - An integrated producer of Superior quality of POY/FDY
Texturized and Carpet yarns.
of “Mahesh Texurisers (P) Limited at - In existence since 29 years with consistent track record of
profitability.
Mangrol (Surat). In the same year, - Recognized as a Star Export House by The Government of
he promoted Sumeet Industries Lim- India.
- The Company’s manufacturing unit have a location advan-
ited. It entered into the capital mar- tage being situated in the Surat area. Its location gives its
proximity to both raw material suppliers as well as end us-
ket with an IPO in the year 1993 and ers.
- In 2006, the Company had given Bonus Shares in the ratio
started with setting up Manufactur- 1:2 and in 2007, it had given Bonus Shares in the ratio 1:10
Strong financials Income 275.56 Cr.

Net Profit 10.72 Cr.
Reserve of Rs.219 crore Equity 58.04 Cr.
Sumeet Industries has an equity capital of Rs.58.04
EPS 1.85
crore and face value of Rs.10. Its operating profit margin
is 7.39 per cent. Its EPS is Rs.4.54. Promoters are hold- Cash EPS 2.60
ing 43.28 per cent stake in the company while, the public OPM 7.39%
has 48.05 per cent shares. Its revenue was Rs.1198 crore NPM 3.89%
and net profit was Rs.36.73 crore in the year ended 31st March, 2017. The company
has reserve of Rs.219 crore.
Financial Weekly

INVESTMENT
Products
1) Polyester Chips : 1,00,000 tons per annum.
2) Polyester yarns : Semi Dull
Denier Range : 50 – 250 Denier
Filaments : 24,36,48 & 72
(a) POY – 46,800 MT Per annum
(b) FDY – 46,800 MT Per annum
(c) DTY – 6,000 MT Per annum
3) Cotton yarns : 40,000 Spindles, Brand name : “ SUMICOT” Counts
range : 30s to 40s Combed and Compact yarn.
4) Carpet yarns : 4200 MT per annum (Bright Trilobal) We are the
only vertically integrated manufacturer of Carpet yarns from In-
dia with the production capacity of 4200 MT per annum. We have
our own spinning lines, Twisting plants etc. under one roof re-
sulting we can supply consistant quality to our valueable cli-
ents.
Sumeet Industries Ltd

Security ID : SUMEETINDS
Group / Index : B
Face value : 10.00
Security Code : 14211
ISIN : INE235C01010
Industry : Textiles
TTQ(Lakh) : 1.85
VWAP : 15.11
P/E : 3.71
2W Avg Q(Lakh) : 1.21
52 Wk High / Low : 41.43 / 13.60
Mkt. Cap. (Cr.) : 126.03
ing of Polypropylene Multifilament Yarn with production capacity of 1500 TPA.

Later its capacity increased to 3900 TPA.
On financial front, the company is doing well. For the six months ended on Sep-
tember 30, 2017, the total sale (Consolidated) the Company was Rs. 588.66 Crore
and net profit was Rs. 20.51 Crores. Earnings per share was Rs. 3.53 and the total
equity capital of the company is Rs. 58.04 Crore with a reserve of Rs. 249.91 Crore
and market cap is around Rs. 188 Crore. The Company has a track record of
making continuous profit for the last 21 years. In 2006, the Company had given
Bonus Shares in the ratio 1:2 and in 2007, it had given Bonus Shares in the ratio
1:10.
Financial Weekly

INVESTMENT
SMART
BUY OF THE WEEK
Dark Horse
Pudumjee Paper Products

(539785 & NSE) (Symbol: PDMJEPAPER) (32.6) (Face Value Re.1)
Pudumjee Pulp & Paper Mills Ltd. (PPPM) established in the year 1964, started with the
manufacture of high quality papers to meet customers critical and demanding requirement in
packaging of food and oily products. Pudumjee Paper Products Limited was incorporated on
14th January, 2015 as a public limited company under the provisions of the Companies Act,
2013. Pursuant to the Scheme of Arrangement and Reconstruction (Demerger) between
Pudumjee Pulp & Paper Mills Limited (PPPM), Pudumjee Industries Limited (PIL), Pudumjee
Hygiene Products Limited (PHPL), Pudumjee Paper Products Limited (PPPL) and their re-
spective Shareholders and Creditors, the paper manufacturing businesses of PPPM, PIL and
Hygiene products business of PHPL have been transferred to Pudumjee Paper Products
Limited with effect from 1st April, 2014 vide order of Hon'ble Bombay High Court. The
Company's manufacturing capacity of 60,000 MT per annum comprises of 2 state of the art
fourdrinier specialty paper machines supplied from Voith Sulzer Germany which is updated
Cont...
Financial Weekly

INVESTMENT
from time to time with current capacity of 38000 MT per annum and 2 Yankee Machines with
combined capacity of 22,000 MT per annum for production of crepe tissue products, M.G.
Papers and other specialty products. PPPL's distribution network has a presence Pan-India
and an effective reach in Europe, South-East Asia, U.A.E, and Iran amongst others.
The Company's equity is Rs.9.50crore while company has huge reserve of around
Rs.215.45crore. Promoters hold 67.11% while investing public hold 32.89% stake in the
company. Promoter have increased 0.22% stake in Q4FY18 which is positive sign. It has
reduced debt by Rs.30.19crore in FY17.
During FY17, its net profit zoomed 96.34% to Rs.19.87crore on 9.49% higher sales of
Rs.513.84crore fetching an EPS of Rs.2.09. During Q3FY18, net profit soared 31.21% to
Rs.6.18crore from Rs.4.71crore in Q3FY17 on sales of Rs.131.27crore fetching an EPS of
Rs.0.65. During 9MFY18, net profit zoomed 11.75% to Rs.15.59crore from Rs.13.95crore in
9MFY17 on sales of Rs.372.42crore fetching an EPS of Rs.1.64.
Currently, the stock is trading at 14x. Pudumjee has established a strong market position-
ing with around 40% market share in the various sub-segment of specialty paper which
supported by extensive experience of the promoter and a wide range of product portfolio.
Recently some paper companies have declared fantastic numbers for Q4FY18. Looking at
the trend other paper companies like Pudumjee may also declare good numbers for Q4FY18.
Investors can accumulate this stock with a stop loss of Rs.27. It may
give very good returns in medium to long term.
Nayan Patel
DURING MARKET TIME TO GET FREE INFORMATION FOR TRADING
& INVESTMENT & GET INFORMATION REGARDING MARKET
JOIN ON TELEGRAM WITH MY ID
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Financial Weekly

INVESTMENT
Ruchi Soya Industries goes to....

Adani Wilmar ? Patanjali ?
Emami Agro ? Godrej Agro ?
Corporate Feature
Ruchi Soya has many manufacturing plants and its leading brands include Nutrela,
Mahakosh, Sunrich, Ruchi Star and Ruchi Gold
Patanjali, Adani Wilmar, Emami Agrotech and Godrej Agrovet have put in
bids to acquire debt-ridden edible oil firm Ruchi Soya. Patanjali Ayurveda, which
already has a tie-up with Ruchi Soya for edible oil refining and packaging, as
well as Godrej Agrovet and Emami Agrotech confirmed that they have put in
bids for Ruchi Soya.
Indore-based Ruchi Soya, which is facing insolvency proceedings, has a
debt of about Rs 10,000 crore. The company has many manufacturing plants
and its leading brands include Nutrela, Mahakosh, Sunrich, Ruchi Star and
Ruchi Gold. Ruchi Soya Industries Limited (Ruchi Soya) is a leading manufac-
turer and India’s leading marketer of healthier edible oils, soya food, premium
table spread, vanaspati and bakery fats. It is one of the highest exporter of
soya meal, lecithin and other food ingredients from India. Established in 1986,
Ruchi Soya has emerged as an integrated player, from farm to fork with se-
cured access to oil palm plantations in India and other key regions of the world.
Ruchi soya has access with exclusive oil procurement rights to over two lakh
hectares of land in India with a potential of oil palm cultivation.
Sources said that Adani Wilmar, which sells cooking oil under Fortune brand,
too has put in a bid. "We bid for Ruchi Soya yesterday. While Emami Agro's
own expansion plans are already underway, Ruchi Soya's assets are likely to
Financial Weekly

INVESTMENT
Strong Brands attracts all

Nutrela, Mahakosh, Sunrich and Ruchi Gold are the trusted brands of Ruchi Soya. Nutrela is
the most respected soya foods brand in the country and has become generic to that category.
Nutrela also has instant soya, ready to cook soya mixes, refined oils and table spread under its
brand offerings. Mahakosh Refined edible oils offered under Soyabean, Sunflower, Mustard,
Rice bran, Groundnut, Cotton Seed flavours and Vanaspati are known for its purity and pre-
mium taste. Sunrich is a healthier, lighter and clearer super refined sunflower oil brand in India.
Ruchi No 1 is a leading edible oil and Vanaspati brand. Ruchi Gold and Ruchi Star are mass
edible oil brands with Ruchi Gold being the leader in Palmolein and India’s largest single oil
consumer brand.
add an impetus to our growth trajectory," a company spokesperson said.

A Patanjali spokesperson said the company has also bid for Ruchi Soya as
it aims to be a major player in edible oil segment, particularly soybean oil. I also
wants to work for farmers benefit.
In December 2017, Ruchi Soya Industries Ltd entered into the Corporate
Insolvency Resolution Process (CIRP) and Shailendra Ajmera was appointed
to act as Interim resolution Professional (IRP).
The appointment was made by the National Company Law Tribunal (NCLT)
on the application of the creditors Standard Chartered Bank and DBS Bank
Ltd, under the Insolvency and Bankruptcy Code.
Emami Agrotech is the edible oil and bio-diesel arm of Emami Group of
Companies, the Rs 100 billion, business conglomerate based in Kolkata.
It has diverse business interests in segments such as production and distri-
bution of edible oil, specialty fats and bio-diesel.
Godrej Agrovet, part of Godrej group, is into animal feed, crop protection, oil
Financial Weekly

INVESTMENT
palm, dairy, poultry and processed foods.
Over the years the Ruchi group has metamorphosed from a trader to a
manufacturer & marketer and has a strong portfolio of brands viz. Nutrela,
Mahakosh, Sunrich, Ruchi Gold & Ruchi No.1. With a turnover of Rs.18526
Ruchi Soya Industries crore in FY2016-17, Ruchi Soya Industries Limited is listed
CMP (Rs.) 13.40
Face Value (Rs.) 2.00 on Bombay Stock Exchange Limited (BSE Code: 500368)
BSE Code 500368
52 Week H/L 33.75 / 11.30 and National Stock Exchange of India Limited (NSE Code:
Market Cap Rs. 447.69 Cr.
Book Value (Rs.) 24.62 RUCHISOYA). Social initiatives of Ruchi Soya with a fo-
THE SOYA REVOLUTION cus on healthcare, education and

In early 1960s Mr. Mahadeo Shahra created women’s empowerment, help in cre-
awareness on the potential of soya crop amongst the
farmers in the state of Madhya Pradesh in India. He
ating sustainable value for society
was instrumental in bringing up a small green revo- as well as the organisation. Ruchi
lution in the state, by introducing and encouraging
Soyabean cultivation on a commercial scale. Shahra
Soya is committed to renewable en-
family was in the business of commodities trading ergy and exploring suitable oppor-
and subsequently entered the business of ginning
and oil milling. The family's efforts, along with that of tunities in the sector.
the others, resulted in soya revolution in Madhya
Pradesh. Today Madhya Pradesh is considered as
Soya bowl of the country. India has emerged as the
fifth largest producer of Soyabean in the World.
Milestones of Ruchi Soya Industries

2014-15 Engaged Ms. Madhuri Dixit as the Brand Ambassador for the brand
‘Mahakosh’. Re-launched super refined healthy sunflower oil brand
‘Sunrich’ with Brand Ambassador Ms. Priyanka Upendra . Intro-
duced ‘Nutrela Ready Mixes’ - world’s first soya snack & sweet
mixes and launched ‘Nutrela Instant Soya’ - world’s first instant
soya.
2014-15 Re-launched super refined healthy sunflower oil brand ‘Sunrich’
2012-13 Launched ‘Nutrela Table Spread’ a healthy substitute for butter
with zero cholesterol
2010-11 Set up wholly owned subsidiaries in Singapore and Dubai for over-
seas ventures.
1999-00 Set up the first port-based edible oil refinery at Chennai (through
subsidiary) and introduced palm oil in packed form under the ‘Ruchi
Gold’ brand
1994-95 Entered into edible oil import and distribution business
1992-93 Established India’s first soya seed processing facility of 400 TPD
with associated facilities
1986 Promoted by the Shahra family, Ruchi Soya commenced food pro-
cessing facilities in Madhya Pradesh
Financial Weekly

INVESTMENT
Jatin Sanghavi
Market Scan (Mumbai)
(M) 098205 26455
jatinsanghavi100@yahoo.com
FIRST ROAD-BLOCK IN FIVE WEEKS

REVERSAL ZONE ACTS AS A BARRIER :- After a Bull onslaught of five weeks, finally the
Reversal zone (Nifty 10702-10736) caught up with the market to give a bearish weekly closing. It
was first one after five consecutive weeks of bullish weekly closing. A minor Retracement was on
the cards as the Nifty had gone up by more than 800 points in five weeks flat. This weakness in the
short term will drive out the excess positions created and make the market stronger to take the rally
forward. The optimism about the bullishness arises from the way the market has easily cleared all
hurdles one by one. It is just a matter of time and some consolidation, before the Reversal zone is
again taken out; till then one should use this decline to create long positions in strong stocks.
TECHNICALLY SPEAKING :- Sensex opened the week at 35021, made a high of 35357, low
of 34847 and closed the week at 34915. Thus it closed the week with a loss of 54 points. At the
same time the Nifty opened the week at 10705, made a high of 10784, low of 10601 and closed the
week at 10618. Thus the Nifty closed the week with a loss of 74 points.
On the daily charts, both the indices have formed a real Black body candle and if we take last
three days then it has formed Three Black Crows, which is a Bearish Reversal pattern. On the
weekly timeframe, Sensex has formed a small body with an upper shadow whereas Nifty has
formed a black body candle. But neither of them can be construed as bearish formation. Thus daily
candlestick formation suggests a bearish bias in the near term whereas weekly formation does not
indicate the same.
Last week, both the indices negated Bearish Cup and Handle pattern on the daily charts and a
This Weeks Recommendations

Rec. Name CMP SL TGT-1 TGT-2
Buy Page Ind 23636 23244 24262 24939
Buy HDFC Bank 1988 1950 2048 2111
Buy Lux Ind 2043 1993 2125 2213
Buy Ujjivan 420 411 434 449
Buy Mana. Fin 126 123 131 138
:::: INDEX LEVELS ::::
S3 S2 S1 CLOSE R1 R2 R3
NIFTY 10340 10428 10536 10618 10736 10887 10975
SENSEX 33899 34259 34591 34915 35232 35544 35863
Cont...
Financial Weekly

INVESTMENT
Bearish Flag pattern on the weekly charts, when the Failure points for both the above patterns
(Sensex 34610 & Nifty 10631), were taken out.
Current Upward rally is a Pull-back of the fall from 36443 to 32483 for the Sensex and 11171 to
9951 for the Nifty. The relevant Pull-back levels are at Sensex 33996-34463-34931 and Nifty 10418-
10562-10706. The Pull-Back rally tested the 61.8% levels, but could not give a weekly closing
above it.
Both the indices have a Weekly Bearish Gap between Sensex 34874-35006 and Nifty 10702-
10736. This Gap is aided by 61.8% Retracement of the current fall (Sensex - 34931 and Nifty
10706), which is a Reversal level. This week, both Sensex and Nifty tested the Reversal zone but
could not give weekly closing above it.
This week, both the indices continue to stay above the short term average of 20dma (Sensex -
34450 and Nifty 10551), medium term average of 50dma (Sensex - 33877 and Nifty - 10392) and
even the long term average of 200dma (Sensex - 33251 and Nifty - 10283). Thus the trend in short
term, medium term as well as in the long term timeframe continues to remain Bullish.
MACD and Price ROC are both positive and in Buy mode. RSI (57) suggests momentum has
reduced but still it remains bullish. ADX is at 17 suggests trend is being developed. Directional
Indicators are in Buy mode as +DI is above -DI. MFI (62) suggests Positive Money Flow. OBV
continues in Buy mode, making higher top higher bottom. Thus Oscillators suggest a bullish bias
for the near term.
Options data for May series indicate highest Call Open Interest is at the strike of 11000 whereas
the highest Put build-up is now at the strike of 10500. Thus Options data suggests a trading range
with resistance at 11000 & support at 10500.
Financial Weekly

INVESTMENT
Corporate Meeting
from 7th May to 11th May 2018
BSE Code Company Agenda Date
508571 COCHIN MALABAR ESTATES & INDUSTRIES LTD. Audited Results 07-May-18
532610 DWARIKESH SUGAR INDUSTRIES LTD. Dividend Audited Results 07-May-18
500086 EXIDE INDUSTRIES LTD. Final Dividend Audited Results 07-May-18
532809 FIRSTSOURCE SOLUTIONS LTD. Final Dividend Audited Results 07-May-18
505893 HINDUSTAN HARDY SPICER LTD. Audited Results Dividend 07-May-18
500189 HINDUJA VENTURES LTD. Audited Results 07-May-18
532174 ICICI BANK LTD. Dividend Audited Results 07-May-18
539807 Infibeam Incorporation Ltd Preferential Issue of shares 07-May-18
532706 INOX LEISURE LTD. Audited Results 07-May-18
536493 JK Agri Genetics Ltd Dividend Audited Results 07-May-18
526179 LUDLOW JUTE & SPECIALITIES LTD. Audited Results 07-May-18
500680 PFIZER LTD. Audited Results Dividend 07-May-18
505800 RANE HOLDINGS LTD. Final Dividend Audited Results 07-May-18
540843 Rithwik Facility Management Services Ltd General 07-May-18
519260 Sanwaria Consumer Ltd General 07-May-18
540797 Shalby Ltd Audited Results 07-May-18
500770 TATA CHEMICALS LTD. Audited Results Dividend 07-May-18
532301 TATA COFFEE LTD. Dividend Audited Results 07-May-18
501301 TATA INVESTMENT CORPORATION LTD. Audited Results Dividend 07-May-18
532812 TRANSWARRANTY FINANCE LTD. Audited Results 07-May-18
540762 Tube Investments of India Ltd Final Dividend Audited Results 07-May-18
521064 TRIDENT LTD. Final Dividend Audited Results 07-May-18
532401 VIJAYA BANK Dividend Audited Results 07-May-18
509055 VISAKA INDUSTRIES LTD. Audited Results Dividend 07-May-18
512064 VISHVPRABHA TRADING LTD. Audited Results 07-May-18
533287 ZEE LEARN LTD. Dividend Audited Results 07-May-18
500002 ABB India Limited Quarterly Results 08-May-18
540691 Aditya Birla Capital Ltd Audited Results 08-May-18
523537 APM INDUSTRIES LTD. Dividend Audited Results 08-May-18
505010 AUTOMOTIVE AXLES LTD. Dividend Audited Results 08-May-18
526612 BLUE DART EXPRESS LTD. Dividend Audited Results 08-May-18
502445 CITADEL REALTY AND DEVELOPERS LTD. Dividend Audited Results 08-May-18
590031 DE NORA INDIA LTD. Dividend Audited Results 08-May-18
530023 FORTUNE FINANCIAL SERVICES (INDIA) LTD. Audited Results 08-May-18
531902 GALLOPS ENTERPRISE LTD. Dividend Audited Results 08-May-18
532424 GODREJ CONSUMER PRODUCTS LTD. Audited Results Interim Dividend 08-May-18
532775 GTL INFRASTRUCTURE LTD. Audited Results 08-May-18
517372 GUJARAT INTRUX LTD. Final Dividend Audited Results 08-May-18
509631 HEG LTD. Final Dividend Audited Results 08-May-18
509635 HINDUSTAN COMPOSITES LTD. Dividend Audited Results 08-May-18
532240 INDIA NIPPON ELECTRICALS LTD. Final Dividend Audited Results 08-May-18
533155 Jubilant FoodWorks Ltd Dividend Audited Results 08-May-18
500233 KAJARIA CERAMICS LTD. Dividend Audited Results 08-May-18
533088 MAHINDRA HOLIDAYS & RESORTS INDIA LTD. Dividend Audited Results 08-May-18
509820 Huhtamaki PPL Limited Quarterly Results 08-May-18
503100 The Phoenix Mills Ltd Final Dividend Audited Results 08-May-18
539346 Sadbhav Infrastructure Project Ltd Audited Results 08-May-18
500674 Sanofi India Ltd Quarterly Results 08-May-18
521194 SIL INVESTMENTS LTD. Dividend Audited Results 08-May-18
502742 SINTEX INDUSTRIES LTD. Dividend Audited Results 08-May-18
500472 SKF India Ltd Dividend Audited Results 08-May-18
Cont...
Financial Weekly

INVESTMENT
530445 SUMERU INDUSTRIES LTD. Audited Results 08-May-18
530185 SURAT TEXTILE MILLS LTD. Audited Results 08-May-18
520113 VESUVIUS INDIA LTD. Quarterly Results 08-May-18
532774 ACCEL FRONTLINE LTD. Audited Results 09-May-18
533227 ASIAN HOTELS (EAST) LTD. Dividend Audited Results 09-May-18
540616 Artemis Global Life Sciences Ltd Audited Results 09-May-18
500101 ARVIND LTD. Dividend Audited Results 09-May-18
512573 AVANTI FEEDS LTD. Bonus issue Stock Split 09-May-18
532173 CYBERTECH SYSTEMS AND SOFTWARE LTD. Dividend Audited Results 09-May-18
500119 DHAMPUR SUGAR MILLS LTD. Final Dividend Audited Results 09-May-18
517437 DUTRON POLYMERS LTD. Audited Results 09-May-18
530117 Fairchem Speciality Ltd Dividend Audited Results 09-May-18
500469 FEDERAL BANK LTD. Dividend Audited Results 09-May-18
506879 GUJARAT THEMIS BIOSYN LTD. Audited Results 09-May-18
524735 HIKAL LTD. Final Dividend Audited Results 09-May-18
504092 INDOKEM LTD. Audited Results 09-May-18
532150 INDRAPRASTHA MEDICAL CORP.LTD. Dividend Audited Results 09-May-18
532286 JINDAL STEEL & POWER LTD. Audited Results 09-May-18
524000 MAGMA FINCORP LTD. Dividend Audited Results 09-May-18
521018 MARAL OVERSEAS LTD. Audited Results 09-May-18
540749 MAS Financial Services Ltd Dividend Audited Results 09-May-18
532504 Navin Fluorine International Limited Final Dividend Audited Results 09-May-18
500315 ORIENTAL BANK OF COMMERCE Audited Results 09-May-18
500314 ORIENTAL HOTELS LTD. Dividend Audited Results 09-May-18
530555 PARAMOUNT COMMUNICATIONS LTD. Audited Results 09-May-18
539889 Parag Milk Foods Ltd Final Dividend Audited Results 09-May-18
513532 PRADEEP METALS LTD. Audited Results 09-May-18
540653 Sintex Plastics Technology Ltd Dividend Audited Results 09-May-18
500403 SUNDRAM FASTENERS LTD. Audited Results Interim Dividend 09-May-18
530199 THEMIS MEDICARE LTD. Audited Results 09-May-18
538706 Ultracab (India) Ltd Dividend Audited Results 09-May-18
539097 Yogya Enterprises Ltd Audited Results 09-May-18
539254 Adani Transmission Ltd Audited Results 10-May-18
500710 Akzo Nobel India Limited Dividend Audited Results 10-May-18
500877 APOLLO TYRES LTD. Dividend Audited Results 10-May-18
526125 ARIHANT TOURNESOL LTD. Audited Results 10-May-18
500820 ASIAN PAINTS LTD. Final Dividend Audited Results 10-May-18
503960 BHARAT BIJLEE LTD. Dividend Audited Results 10-May-18
509438 BENARES HOTELS LTD. Audited Results 10-May-18
500110 CHENNAI PETROLEUM CORPORATION LTD. Dividend Audited Results 10-May-18
500123 ELANTAS BECK INDIA LTD. Quarterly Results 10-May-18
532843 FORTIS HEALTHCARE LTD. General 10-May-18
523768 GUJARAT BOROSIL LTD. Audited Results 10-May-18
522289 IFM IMPEX GLOBAL LTD. General 10-May-18
532814 INDIAN BANK Dividend Audited Results 10-May-18
500210 INGERSOLL-RAND (INDIA) LTD. Audited Results 10-May-18
509496 ITD CEMENTATION INDIA LTD. Quarterly Results 10-May-18
533320 JUBILANT INDUSTRIES LTD. Audited Results 10-May-18
532054 KDDL LTD. Dividend Audited Results 10-May-18
505890 KENNAMETAL INDIA LTD. Quarterly Results Interim Dividend 10-May-18
530813 KRBL LTD. Final Dividend Audited Results 10-May-18
526299 MPHASIS LTD. Dividend Audited Results 10-May-18
508989 Navneet Education Limited Dividend Audited Results 10-May-18
500790 NESTLE INDIA LTD. Quarterly Results Interim Dividend 10-May-18
532698 NITIN SPINNERS LTD. Dividend Audited Results 10-May-18
500672 NOVARTIS INDIA LTD. Final Dividend Audited Results 10-May-18
511632 OLYMPIC MANAGEMENT & FINANCIAL SERV Audited Results 10-May-18
531768 POLY MEDICURE LTD. Dividend Audited Results 10-May-18
540544 PSP Projects Ltd Final Dividend Audited Results 10-May-18
Cont...
Financial Weekly

INVESTMENT
539678 Quick Heal Technologies Ltd Dividend Audited Results 10-May-18
530815 REFNOL RESINS & CHEMICALS LTD. Audited Results 10-May-18
500350 RSWM LTD. Dividend Audited Results 10-May-18
500367 RUBFILA INTERNATIONAL LTD. Audited Results 10-May-18
540425 Shankara Building Products Ltd Dividend Audited Results 10-May-18
514454 SOUTHERN LATEX LTD. Audited Results 10-May-18
504973 TI Financial Holdings Ltd Final Dividend Audited Results 10-May-18
500114 Titan Company Limited Dividend Audited Results 10-May-18
532515 TV TODAY NETWORK LTD. Dividend Audited Results 10-May-18
539874 Ujjivan Financial Services Ltd Dividend Audited Results 10-May-18
532477 UNION BANK OF INDIA Audited Results 10-May-18
524394 VIMTA LABS LTD. Dividend Audited Results 10-May-18
532757 VOLTAMP TRANSFORMERS LTD. Dividend Audited Results 10-May-18
532553 Welspun Enterprises Ltd Dividend Audited Results 10-May-18
524208 AARTI INDUSTRIES LTD. Final Dividend Audited Results 11-May-18
535755 Aditya Birla Fashion and Retail Ltd Audited Results 11-May-18
532480 ALLAHABAD BANK Audited Results 11-May-18
512195 BENTLEY COMMERCIAL ENTERPRISES LTD. Audited Results 11-May-18
500058 BIHAR SPONGE IRON LTD. Audited Results 11-May-18
532483 CANARA BANK Audited Results 11-May-18
532121 DENA BANK Dividend Audited Results 11-May-18
500246 ENVAIR ELECTRODYNE LTD. General 11-May-18
505714 GABRIEL INDIA LTD. Audited Results 11-May-18
530343 GENUS POWER INFRASTRUCTURES LTD. Dividend Audited Results 11-May-18
507815 GILLETTE INDIA LTD. Quarterly Results 11-May-18
509488 GRAPHITE INDIA LTD. Final Dividend Audited Results 11-May-18
517354 HAVELLS INDIA LTD. Dividend Audited Results 11-May-18
517571 IMP POWERS LTD. Dividend Audited Results 11-May-18
530601 JAGSONPAL FINANCE & LEASING LTD. Audited Results 11-May-18
502937 KESORAM INDUSTRIES LTD. Audited Results 11-May-18
540775 Khadim India Ltd Dividend Audited Results 11-May-18
500241 KIRLOSKAR BROTHERS LTD. Dividend Audited Results 11-May-18
539521 Navigant Corporate Advisors Ltd Audited Results 11-May-18
532529 NEW DELHI TELEVISION LTD. Audited Results 11-May-18
524558 NEULAND LABORATORIES LTD. Audited Results 11-May-18
540204 Narendra Investments (Delhi) Ltd Audited Results 11-May-18
523385 NILKAMAL LTD. Final Dividend Audited Results 11-May-18
532466 ORACLE FINANCIAL SERVICES SOFTWARE LTD. Dividend Audited Results 11-May-18
500459 PROCTER & GAMBLE HYGIENE & HEALTH Quarterly Results 11-May-18
500339 Rain Industries Ltd Quarterly Results 11-May-18
530517 RELAXO FOOTWEARS LTD. Final Dividend Audited Results 11-May-18
533284 RPP INFRA PROJECTS LTD. Dividend Audited Results 11-May-18
532163 SAREGAMA INDIA LTD. Dividend Audited Results 11-May-18
523449 SHARP INDIA LTD. Audited Results 11-May-18
520086 SICAL LOGISTICS LTD. Audited Results 11-May-18
532419 SMARTLINK NETWORK SYSTEMS LTD. Audited Results 11-May-18
524667 SAVITA OIL TECHNOLOGIES LTD. Final Dividend Audited Results 11-May-18
539217 Srestha Finvest Ltd Bonus issue Audited Results 11-May-18
532733 SUN TV NETWORK LTD. Audited Results 11-May-18
532782 SUTLEJ TEXTILES & INDUSTRIES LTD. Dividend Audited Results 11-May-18
539353 Swaraj Automotives Ltd Dividend Audited Results 11-May-18
500800 Tata Global Beverages Limited Dividend Audited Results 11-May-18
532513 TVS ELECTRONICS LTD. Audited Results 11-May-18
533171 UNITED BANK OF INDIA General 11-May-18
531266 V.S.T.TILLERS TRACTORS LTD. Final Dividend Audited Results 11-May-18
505533 WESTLIFE DEVELOPMENT LTD. Audited Results 11-May-18
512367 SHERATON PROPERTIES & FINANCE LTD. Audited Results 11-May-18
512291 SPEEDAGE COMMERCIALS LTD. Audited Results 11-May-18
Financial Weekly

INVESTMENT
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
Range Bound
Nifty is healthy for Medium Term
Bullish looking Index has finally formed itself in the range ever since it started taking resistance from 10780 some
levels. At this juncture, understanding the spot movement is very important. Everyone should remember how weakish
the Nifty looked when it broke 200 DSMA in mid of March 2018. Nifty that was on the verge of showing quicker down
moves, survived from 9900 kind of levels back then. To us as a chart reader that was significantly a big relief for Bulls.
Not only Nifty survived from that lows but hitting 10700 straight and quick in almost a month is suggestive of the
market that was never in down trending mode. Since the 700 to 800 points rapid move has already happened on Nifty,
it seems to have pinched with some kind of resistance from higher levels. Current Nifty range for near term would be
10700 to 10300. While Nifty is traveling between 10700 to 10300 kind of levels, we should not take Index trade but we
should understand this as a base formation which is very much necessary as well as very healthy for medium term.
This time should be used to find stocks which are resilient and ready to roar on upside. Stock with an upside potential
has to be in uptrend on medium term chart and should be ready to start new move from its fine support line. We should
give our time to learn to read such stocks through technical analysis in order to build a strong portfolio.
RISING STAR : L&T Finance Holdings Ltd. (177.10)

NSE: L&TFH, SECTOR: Finance - Investments
Cont...
Financial Weekly

INVESTMENT
L&T Finance Holdings Ltd. (177.10)

This is one stock, we were waiting for along time to get attractive and come up in our radar. This
stock is none otherthan L&TFH. The significance this stock has, can be estimated by the great
wealth it created just about in an year when stock price went from 48 to 210 some levels in within
2016 to 2017. It was almost 5 times the wealth this stock created in just in one year. Such a mas-
sive up move speaks for the enormous strength and resiliency this counter has. As it is natural to
have a time lap after a massive up move, this counter too went in to consolidation after seeing
higher levels like 2010. While going down, the major moving spread went bearish. i.e. Investor
group of EMAs turned bearish. We could figure this down move not as selling but as profit booking
only if the EMAs goes in to bullish spread again. And the same thing happened just now, while
stock price survived from the low it recently created at around 151 in Mar-2018. Stock price bounced
back from this level along with making longer term EMA group bullish back again. This move
shows that the potential this stock has of wealth creation is still intact. It is also important to say that
the stock price will still continue its consolidation but at least this time we have support line in place
above which stock could be held. This stock if survives the drawn dark colored support line, it has
great chance to once again show a good kind of rally. The minimum first level of target we should
look for this counter is 210 some levels in next 6 months which is same as earlier high. After
breaking about this level more upside will soon be opened up. Such of our view can be traded with
the advice of personal financial advisor and only after one has comfort to put strickt stop loss as
current support line which is placed at 160 some levels for now. If price starts to go up, the emerg-
ing support lines should be our trailing stop loss.
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 com-
pany does not take any responsibility for any results that may arise out of using this infor-
mation.
Financial Weekly

INVESTMENT
- Parag Salot
Technical Trading Trends (SEBI Registered Research Analyst)
M. : 91-9930011789
Nifty Overview : In Last Trading Session, Nifty closed at 10660. Nifty is in

narrow trading range and directions are unclear. Nifty Positive above 10705 for
near TGT of 10780 OR Negative if closes below 10590. Intra-day signals would
help making a trade.
Bank Nifty Overview : In Last Trading Session, Bank Nifty closed at 25723.
Bank Nifty is in positive zone. There is no clear support / resistance however
25500 can be considered as support.
Last Recommendation Review
Scrip Name BSE Buy/ Enter Did High/ Remark
Code Sell at Low
Escorts 500495 Sell 1020 967 Target Achieved
Jubilant Food 533155 Sell 2608 2537 Target Achieved
Mindtree 532819 Sell 1089 1003 Target Achieved
Trading Buy
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Bank of India 532149 101 95/98 105 115 92
HCC 500185 18.6 15 18 22 12
Lupin 500257 799 775/780 795 810 765
OBC 500315 88.9 87/88 90 93 85
PNB 532461 92.25 89/92 96 105 85
Trading Sell
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Escorts 500495 972 1005/1020 980 960 1035
Jubilant Food 533155 2588 2620/2635 2600 2570 2655
Mindtree 532819 1018 1065/1075 1045 1025 1090
Raymond 500330 1109 1170/1180 1150 1130 1197
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
Financial Weekly

INVESTMENT
Stock Buzz Subramanian Mahadevan

dolphincapital@gmail.com
Balkrishna Paper Mills Limited

(Rs.80) : Valuable Paper!
Balkrishna Paper Mills Limited (BPML) - formerly known as Nirvikara Paper Mills Limited is part of the
highly reputed SIYARAM PODDAR GROUP which is into the diversified businesses of manufacturing
textiles, garments yarn, home furnishings and paper. BPML is a pioneer in the field of Coated Duplex
boards which are used for packaging by various industries such as Pharmaceuticals, Toiletries, Cosmet-
ics and Health Care Products, Readymade Garments, Instant Food Products, Match Boxes, Incense Sticks,
besides many other packaging requirements. BPML was established in the year 1975, began its journey
with humble roots in Maharashtra with an initial capacity of 15 MT per day of Duplex board. BPML came into
existence after the scheme of arrangement was completed between Balkrishna Paper Mills Ltd, Nirvikara
Paper Mills Limited (NPML) and listed global Off-Highway tire manufacturing giant Balkrishna Industries Ltd
(BILT) wherein the paper division of BILT was demerged into a separate company and finally got amalgam-
ated with the another listed company NPML. Once the new management took over the reins of the busi-
ness, NPML has been rechristened as BPML. In June 2016, under the company's expansion and up-
gradation programme, BPML has successfully installed modern technology machine for manufacturing of
duplex board with the annual capacity of 63000 million tonne and its current capacity stands at 115,000
MTPA. It is indeed an irony that paper sector which is at its best after struggling for more than a decade,
erstwhile leader Ballarpur Industries Limited is on the verge of going bankrupt. The void left by erstwhile
leader has given a tremendous opportunity for a business house like Poddar group, to make a mark in this
industry in terms of size and scale. Already promoters have approved issuing preference shares to them-
selves for 25 crores signalling in the hindsight their big plans in growing BPML into a giant in the listed paper
space. Its reserves on the balance sheet, topline versus market cap, top class management, installed
capacity coupled with a ballooning demand for duplex boards like never before by e-tailers gives enough
confidence in BPML indicating better times ahead. A multi-bagger story is slowly un-folding and try to add
on every declines for solid returns over a period of 2 to 4 years.
BGR Energy Systems Limited (Rs. 105)

Powered Well!
BGR Energy Systems Limited (BGR) - is a Chennai based company incorporated in 1985 as GEA
Energie Systems India Pvt Ltd (a joint venture company between GEA Energietechnik GmbH Germany
and B G Raghupathy the promoter) to produce and sell On-line Condenser Tube Cleaning Systems Debris
Filters and Rubber Cleaning Balls used in Thermal and Nuclear Power Plants. BGR is one of the India's
growing engineering company in power sector. The company carries the business in two segments namely
the Supply of systems and Equipment - designs, manufacture and service a range of systems and equip-
ment for the Power Oil & Gas Refinery Petrochemical and Process Industries and Turnkey Engineering
project contracting. The company consists of seven complementary businesses - Power Projects, Oil and
Gas Equipment, Air Fin Coolers, Environmental Engineering, Electrical Projects and Infrastructure busi-
ness. Recent orders and entry into new verticals like water treatmentbusiness and other developments like
executing dispute settlement with Hitachi, huge EPC order from APGENCO worth 2300 crore in 2016 to be
executed in 36 months and scrapping of eight year old deal with TN Government (Cuddalore PowerGen
Corporation) for 1320 MW thermal power project augurs well for the company. Given its track record of
uninterrupted dividend, experienced management with excellent execution skills, BGR is available at at-
tractive valuations for 30% to 50% returns.
Financial Weekly

INVESTMENT
Smart Picks Rohan Nalawade - Expert in financial analysis (Mumbai )

E-mail ID : rohan.nalavade21@gmail.com
Market is awaiting Karnataka election results

Market is consolidating in a range 10600_10750 ,awaiting election results of Karnataka ,only
after election result big movement of 300,400 points can bee seen in may series Nifty weekly
candle has closed below last week close of( 10692 )so Nifty below
10600 can move down side 10550,10500,10430,
Only close above10750 nifty will gain strength towards 10800,10880,10900 and close above
10900 will show new all-time high so much depends on Karnataka polls BJP win will support bull
rally and should win in Karnataka this month,most of stocks gave correction last week psu banks
cracked most and It sectors stocks like hcL tech because cracked more than 5% down also metals
are also weak so let trend be clear to enter long ,next week we have Q4 results of icici banks and
psu banks result will be bad so avoid buying in psu banks so lot of movement will be seen in bank
nifty Next week bank nifty below( 25600)
Will test 25360,only above( 25650 )rally will start for (25800),_900.Nifty below 10600 will be sell
for 10550,1500,buying will be seen only above (10666)for 10800,10900,. highest open interest in
Nifty puts strike price are 10500 and 10400 are getting adding and in call highest open interest
getting adding at strike price 10800 ,so a range of 10400,10800 is been seen.
Stock to watch out for
Axis Bank is sell below 519 for 510,507 sl530
JK TYRE is sell below 151 for 147,144 sl 153
PNB is sell below 93 sl 96 for 84
BOB is sell below 141 for 139,135 sl 144
Minda Ind looks good above 1095 for 1125 sl 1080
Vedl is sell around 2802. For 270 sl 286
Buy... Buy... Buy on Dips Hold Sell on High

Godrej Prop. 808.00 Hexaware Tech. 387.00
NIIT 111.00 A.B. Capital 158.00 Concor 1364.00 PC Jew. 174.00
Triveni Engg. 38.00 J K Paper 147.00 Maruti 8679.00 JSW Energy 75.00
Balrampur Chini 64.00 Globus Spirit 153.00 HDFC 1912.00 IndiGo 1181.00
Prakash Ind. 203.00 J Kumar Infra 281.00 Bharti Airtel 396.00 HCC 18.00
Trans. Corp. 45.00 Peninsula Land 25.00 Shopper Stop 565.00 ICICI Sec. 369.00
DCB Bank 191.00 Equitas 168.00 Tata Motors 334.00 R.Com. 15.00
Nalco 78.00 Godrej Agrovet 709.00 MCX 750.00 HPCL 294.00
Raghav Prod. 132.00 Vedanta 281.00 Coal India 271.00 BPCL 380.00
Srestha Fin. 12.06 G.M. Breweries 1054.00 Mind Tree 1010.00 IDEA 62.00
TBZ 106.00 KEC Intl. 425.00 Hero Moto 3659.00 IDBI Bank 64.00
EIH 185.00 Power Grid 207.00 Voltas 614.00 Orient Cement 138.00
Rel. Home Fin. 63.00 Kitex Garments 238.00
Financial Weekly

INVESTMENT
Technical News : 7-5-2018 to 11-5-2018

Manu Consultants : Manishkumar - Kolkata
SEBI REG:- RESEARCH ANALYST- INH300002449
NIFTY FUTURE
NIFTY FUT SUPPORT AT 10400-10100 AND RESISITANCE 10800-11000
STRATEGY :- BUY NIFTY ON DIPS TILL 10550 SL 10400 TA 10800-11000
STOCKS F&O:-
RCOM (15.5):- BUY RCOM ON DIPS TILL 14 SL 12.5 TA 18-20
RAYMOND (1115):- BUY RAYMONDS ON DIPS TILL 1100 SL 1075 TA 1140-65
SUN TV (862) :- BUY SUN TV ON DIPS TILL 850 SL 840 TA 880-900
ICICI PRU (439):- BUY ICICI PRU ON DIPS TILL 430 SL 424 TA 454-65
SELL STOCKS
SELL GRANULES ON RISE TILL 107 SL 112 TA 94-90
SELL STAR ON RISE TILL 610 SL 628 TA 575-50
DELIVERY STOCKS
BUY ALLCARGO SL 100 TA 200-40
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.
BUY.... BUY....BUY TIPS OF THE WEEK

Co. Name Code Price Co. Name Code Price
NOCIL 500730 215.00 Khadim (I) 540775 808.00
Manappurm Fin. 531213 126.00 Thirumalai Ch. 500412 2103.00
Ashok Leyland 500477 164.00 L&T 500510 1370.00
GSFC 500690 131.00 Kotak Bank 500247 1233.00
Arvind Smart S. 539301 196.00 L&T Info 540005 1492.00
Meghmani 532865 109.00 RBL Bank 540065 521.00
Nelcast 532864 100.00 Shriram Trans. 511218 1600.00
PFC 532810 84.00 Teamleas 539658 3077.00
GNFC 500670 46700 Avanti Feeds 512573 2407.00
L&T Fin. 533519 176.00 Lux Ind. 539542 2043.00
NTPC 532555 171.00 PFIZER 500680 2322.00
Ujjivan 539874 420.00 Tata Elxsi 500408 1160.00
GE&TD 522275 379.00 Pidilite 500331 1069.00
ICICI Pru. 540133 435.00 Metrimoney 540704 866.00
ION Exchange 500214 504.00 Page Ind. 532827 23640.00
Financial Weekly

INVESTMENT
Terrific Shots - Dilip K. Shah
Larsen & Toubro (Rs.1370.00) (Code : 500510) :- Construction and engineering

company is listed in A group. The company's public holding stands at 100%. The company was set
up in Mumbai on February 7, 1946. It mainly manufactures tractors, agriculture machinery, dairy
machinery, film cooling towers and general industrial and engineering plants. As against equity of
Rs186.59 crore, the company has reserves of Rs45826.15 crore and debt of Rs93976.27 crore. In
December quarter, the company witnessed net profit of Rs1788.94 crore on consolidated net sales
of Rs28747.45 crore and other income of Rs212.91 crore. General elections has direct connection
with L&T, shows the historical records. The stock can be bought for long term investment.
GNFC (Rs.467.00) (Code : 500670) :- The fertilizer company is based in Gujarat and
it has set up 5000 MTPA Toluene Diisocyanate IT plant at Dahej. It has monopoly in producing
specialty chemical called TDZ, which can be used in many industries. This chemical was imported
from China, Japan and Korea but the government has imposed anti-dumping duty on it so the
company gets maximum benefit and enjoys monopoli. It is likely to bag two bit export orders within
two months. In FY2018, the company's income increased from Rs4588.77 crore to Rs5837.31
crore, while profit increased from Rs528.79 crore to Rs794.94 crore with EPS of Rs51.15. The
company declared 50% dividend last year. The stock has attractive valuation. The company has
become debt free.
BalkrishnaInd (Rs.1245.00) (Code:502355) :- The stock was around Rs200 in 2013,

which has increased almost 8.5 times to touch Rs1700. Agriculture segment accounts for 62% and
industrial, earthmoving and construction segment account for 34% of the company's income. IT
has total four manufacturing plants including two in Rajasthan and one each in Maharashtra and
Gujarat. The company exports 90% of its products to 120 countries across the globe. As the
company's major income comes from exports, the profit margins are also improving. In December
quarter, the company's sales increased from Rs864.69 crore to Rs1106.31 crore, while profit in-
creased from Rs185.69 crore to Rs189.5 crore with EPS of Rs9.80. The stock has recovered from
small consolidation and is moving on bullish path. It may cross Rs1285 level in near future. The
March quarter results are likely to be good. The stock can be considered for medium to long term.
Godrej Agrovet (Rs.709.00) (Code:540743) :- The company has recently come up

with an IPO at price of Rs460. It is active in segments like animal feed, crop protection, pam oil,
dairy, poultry and processed food segments. In December quarter, the company recorded net profit
of Rs52.15 crore on net income of Rs1220.66 crore. As against equity of Rs192.03 crore, the com-
pany has reserves of Rs824.55 crore. The segments in which the company is active are witness-
ing good performance. The stock with backing of Godrej Group is in the consolidation range but it
may give good return in long term. It can be considered for investment in phased manner at any
correction in the prices. One of the leading houses has given positive rating for 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

INVESTMENT
Sarvesh Ashok Trivedi
Stock Wave (Mumbai) (Mob) 09820728124
www.chartsanketstock.com
Selling spree is expected on upward movement

Sebi has decided to extend share market timings from 9 AM to 11.55
PM beginning from October 1, which should be opposed by brokers of
BSE and NSE along with all the stakeholders
BSE Index (34915.38) :- It shows rebounding spurt from bottom of 32483.84. It shows overbought
position on daily and weekly basis, while overbought to neutral on monthly basis. On upward movement,
beyond 35000 it may witness resisting level at 35180 and 35357. On the downward movement, below
34793 shows weak situation and it may go down to 34630 and 34450 with support at 34185.
Nifty Future (10658.75) :- It shows rebounding spurt from bottom of 23631.20. It shows overbought
position on daily and weekly basis, while neutral on monthly basis. On upward movement, beyond 10685,
it may witness resisting level at 10738 and 10787. On the downward movement, below 10632 shows weak
position and may further go down to 10632, 10525, 10475 and 10425 with support at 10370.
Bank Nifty Future (25701.15) :- It shows rebounding spurt from bottom of 23631.20. It shows over-
bought position on daily and weekly basis, while towards oversold on monthly basis. On upward move-
ment, beyond 25754 it may go up to 25900, 26150 with resisting level at 26425. On the downward move-
ment, below 25523 it may get support at 25390.
CESC (1034.90) :- It is moving downward from top of 1079.90.It shows towards oversold on daily basis,
overbought on weekly basis and neutral position on monthly basis. On upward movement, beyond 1040 it
may witness resisting level at 1053. On the downward movement, below 1011 it may go down to 997, 985
and 968.
Havells India (540.40) :- It is moving downward from top of 559.20. It shows oversold position on daily
basis, overbought on weekly basis and neutral on monthly basis. On upward movement, beyond 547 it may
witness resisting level at 555. On the downward movement, below 525 it may go down to 518, 510,508, 496
with support at 490.
Voltas (614.65) :- It shows downward movement from top of 664.70. It shows oversold position on daily
basis, overbought to neutral on weekly basis and neutral on monthly basis. On upward movement, beyond
630 it may witness resisting level at 637. On the downward movement, below 607 it may go down to get
support at 600, 591 and 584.
Bajaj Finance (1857.40) :- It is moving downward from top of 1967.75. It shows towards oversold posi-
tion on daily basis, while overbought position on weekly and monthly basis. On upward movement, beyond
1882 it may witness resisting level at 1910. On the downward movement, below 1853 it may get support at
1822, 1795 and 1777.
BATA (777.70) :- It is moving downward from top of 816.70. It shows towards oversold position on daily
basis, overbought on weekly basis and neutral on monthly basis. On upward movement, beyond 786 it may
witness resisting level at 796. On the downward movement, below 765 it may go down to 755 and 745 with
support at 735.
disclosure : The Recommendations are based on technical analysis. There is a risk of loss in trad-
ing.
-: Golden quote :-
“The wound is where the light enters you”
Financial Weekly

INVESTMENT
Dilip Davda Best Buy

e-mail Expert’s Eye L & T Finance Hol.
dilip_davda@rediffmail.com Greaves Cotton,
Edelweiss Fin.
Will there be "May Helm"??

Four session week met with a range bound trades with sliding indices and closing the week on
a negative note. This has raised doubt for a May Helm. With liquid situation in the global market,
will there be "May Helm", ask seasoned operators. According to them market expressed weak-
ness during weekly trade and hinting at bigger corrections going forward.
During the week, indices moved in the range of 10784.65-10601.60 and 35357.15-34847.61 for
NSE Nifty and S&P BSE Sensex respectively.
Secondary Market :- Markets opened on a firm note on Monday and remained in green terri-
tory for the day. NSE Nifty scored 47.05 points to close at 10739.35 and BSE Sensex gained
190.66 points to end the day at 35160.36. Firm global trends kept our market in green zone. ITC,
Pharma, Banking,FMCG counters lead the rally despite RIL meeting with selling spree. LG
Balkrishna announced surprised bonus in the ratio of 1 share for every 1 share held.
On Tuesday all markets were closed on account of Maharashtra/Gujarat day.
On Wednesday markets opened higher but as the day progressed, it met with profit bookings at
every rise to close with divergent trends. While NSE Nifty lost 21.30 points to end the day at 10718.05,
BSE Sensex gained mere 16.06 points to close at 35176.42. With a range bound trades, market
moved in a narrow range. Despite higher dispatched by most of the auto companies, auto sector
Ex-Bonus counters met with selling at rise and got support from metal, IT counters.
MMTC (1 for 2). . Aviation counters eased on reports of ATF price hike. FIIs were net
sellers for the day. Umiya Tubes announced bonus in the ratio of 1 share
Bonus Announcement for every 3 shares held.
LG Balkrishna (1:1)
Thursday markets opened flat but in positive zone. However, profit
Umiya Tubes (1 : 3)
Emami (1 : 1) booking emerged ahead of political concern following Karnataka elec-
tions nearing and markets closed in red. NSE Nifty lost 38.40 points to
During the week dividend announcement came in from Auto Corp close at 10679.65 and BSE Sensex marked
Goa (125%),Canfin Homes (100%), Ceat (115%), Dewan Housing (25%),
HDFC (825%), Ind & Prud (250%), KPR Mills (15%), Kotak Mahindra deficit of 73.28 points to end the day at
Bank (14%), LG Balkrishna (45%), Maithan Alloy (30%), MCX (170%), 35103.14. Weak global trends following un-
Navkar Builders (1%), Rane (Madras) (75%), Sadhna Nitro (10%), Shilp
Gravures (15%), Shree Cements (300%), Sky Ind (5%), SREI Infra (5%), certainty between US-China trade pacts kept
Srikalahasthi (60%),Thyrocare (50%), Astec Life (15%), Century Text global markets on their toes. We too felt trem-
(65%), Concor (75%), Dabur (500% + 125% ), Emami Paper (60%),
Everest Ind (65%), HCL Techno (100%), Hero Motocorp (2000%), Hind ors. IT, Banking, Aviation counters lead the
Media (12%), HT Media (20%), India Glycols (40%), InterGlobe Avi (60%), doom. Market breadth was hugely negative
JM Fin (110%), Kansai Nerolac (260%), Mahindra Logi (15%), Orient
Paper (60%), Paisalo (10%), Responsive Ind (10%), RPG Life (30%), for the day. Pharma, Metal and Auto counters
Som Disti (15%), SORIL Holding (50%), Stanrose Mafatlal (60%), Tata marked mixed trends. Emami announced bo-
Power (130%), TBZ (7.5%), Victoria Mills (50%), Welspun Corp (10%),
Adani Ports (100%), Apcotex (120%), Century Enka (70%), Cera Sani- nus issue in the ratio of 1 share for every 1
tary (240%), Dai Ichi (25%), Edelweiss Fin (30%), Eimco Elecon (50%), share held.
Emami (700%), EPC Ind (5%), Greaves Cotton (75%), Hewaware (50%),
HFCL (6%), Hind Urban (10%), Kirloskar Ferro (25%), L&T Fin Hold On Friday too we marked firm opening,
(10%), MRF (540%), Matrimony (30%), Menon Bearings (25%), Nucleus however, profit booking and squaring off of
Soft (80%), Orient Cement (75%), PNB Housing (90%), Radico Khaitan
(50%), Thirumalai Chem (200%), Trent Ltd (115%), Umang Dairy (5%), long position by weekly traders kept market
Venky's (80%), BASF India (30%), Capital First (28%), Capital India (10%), on a slide to close in red. NSE Nifty marked
Compuage Info (20%), Carborandum Uni (125%), Deepak Nitrite (65%),
Diamines & Chem (25%), Elecon Engg (10%), GE Shipping (72%), IL&FS deficit of 61.40 points to end the day at
Inv (30%), Indo Count Ind (20%), NIIT Techno (150%), Nitta Gilatin (25%), 10618.25 and BSE Sensex lost 187.76 points
Nocil (25%), Phil Carb (60%), PVR Ltd (20%), Samkrg Pistons (50%),
SQS India (200%), Triton Valves (150%) etc.
Financial Weekly

INVESTMENT
to close at 34915.38. Thus while Nifty closed above 10.6K, Sensex closed below 35K sentimental
mark. Selling in indices heavy weights like RIL, ITC, HDFC kept markets on a sliding mode. PC
Jeweller was the star of the day that after erosion in first two sessions, gained over 83% from the
low marked in last two sessions. Auto, Telecom, Pharma, Metal, FMCG counters supported the
doom. FIIs were net sellers and DIIs were net buyers for the day. Market breadth was hugely
negative. MMTC turned ex-bonus (1 for 2).
For the week, NSE Nifty and BSE Sensex posted net weekly Loss of -74.05 points and -54.32
points respectively.
Rupee hovered around Rs. 66.77 a dollar and Crude eased around 73.62 $ a barrel and kept a
tab on general sentiment. Q4 number season is in full swing and will keep market on a stock
specific mode as usual. For the ensuing week, market will keep on radar inflation and IIP data.
Seasoned observers are cautioning of May Helm hence trade with a caution is the order of the day,
they opine.
Amidst such a scenario NSE Nifty and BSE Sensex may hover between 10900-10100 and
35500-34000 respectively for the ensuing week.
Bonus issue meets from Transcorp Intl on 05.05.18, Avanti Feeds and Raghav Prod on 09.05.18
and Srestha Finvest on 11.05.18.
Scrip Watch :- Investors may keep following scrip on radar for their investment plans:
L & T Fin Holdings (BSE Code: 533519) :- This finance sector company has (on a
consolidated basis) posted net profit of Rs. 1464.99 crore on total income of Rs. 10499.94 crore for
FY18 against net profit of Rs. 1042.46 crore on total income of Rs. 8572.31 crore for the corre-
sponding previous period. As on 31.03.18 it's paid up capital of Rs. 1995.68 crore is supported by
free reserves of Rs. 10554 cr. plus. It has announced a final dividend of 10%. Scrip may be consid-
ered at declined levels for medium to long term investment. It currently quotes around Rs. 176.25
against 52 week High/Low of Rs. 214/119, FV Rs. 10.
Greaves Cotton (BSE Code: 501455) :- This engineering sector company has (on
a consolidated basis) reported net profit of Rs. 202.19 crore on total income of Rs. 1885.31 crore
for FY18 against net profit of Rs 180.66 crore on total income of Rs. 1869.76 crore for the corre-
sponding previous period. It has announced a final dividend of 75%. As on 31.03.18 it's paid up
equity capital of Rs. 48.84 crore is supported by free reserves of Rs. 915 crore. Scrip may be
considered at declined levels for medium to long term investment. It currently quotes around Rs.
131.05 against 52 week High/Low of Rs. 178/112, FV Rs.2.
Edelweiss Fin (BSE Code: 532922) :- This finance sector company has (on a con-
solidated basis) posted net profit of Rs. 858.37 crore on total income of Rs. 8618.62 crore for FY18
against net profit of Rs. 548.48 crore on total income of Rs. 6618.83 crore for the corresponding
previous period. It has announced a final dividend of 30%. As on 31.03.18 it's paid up equity capi-
tal of Rs. 91.55 crore is supported by free reserves of Rs. 6575 crore plus. Scrip may be considered
for medium to long term investment. It currently quotes around Rs. 292.40 against 52 week High/
Low of Rs. 309/165, FV Re. 1.
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 the date along with market perceptions. Author has not
traded in above three stocks mentioned in Scrip Watch during last one month and has no holdings or plans to invest in
any scrip referred above.
(THE AUTHOUR IS SEBI REGISTERED RESEARCH ANALYST) (Email: dilip_davda@rediffmail.com )
Financial Weekly

INVESTMENT
Scrip Watch - Dilip K. Shah
KSB Pumps (Rs. 829.00) (Code : 500249) (F. V. : 10.00) :- :KSB with the
technology support from its parent i.e. KSB AG amid new manufacturing facility is best placed to
capture the envisaged opportunity in the domestic refining segment (change in fuel efficiency) and
increasing thrust on irrigation projects (lift irrigation) KSB has previously supplied pump to NPCIL.
Hence, it be a key contender for supplying pumps for new nuclear power plants in India.KSB is a
technology driven organisation with support from parent group i.e. KSB AG. It also has a healthy
balance sheet with surplus cash on books. Buy in phased manner. Net profit of KSB Pumps de-
clined 15.79% to Rs 11.20 crore in the quarter ended March 2018 as against Rs 13.30 crore during
the previous quarter ended March 2017. Sales rose 3.46% to Rs 212.50 crore in the quarter ended
March 2018 as against Rs 205.40 crore during the previous quarter ended March 2017.As the
monsoon is near the corner, demand for Pumps will increase. Invest.
PNB Housing Finance (Rs. 1406.00) (Code : 540173) (F. V. : 10.00) :- PNB
Housing Finance, last week, has reported a jump of 44% in its net profit at Rs219.20 crore in the
last quarter ended March of 2017-18. Its total income rose to Rs1,570.21 crore as against Rs1,438.63
crore. Net interest income grew by 36% to Rs451.8 crore from Rs332.7 crore. PNB Housing Fi-
nance has sold loans worth Rs3,128.50 crore under direct assignment route in the last quarter
ended March 2018.For the full year, the net profit jumped by 58% to Rs829.4 crore from Rs523.7
crore in 2016-17. Total income during the year rose to Rs5,516.95 crore as against Rs3,907.85
crore in the previous fiscal. Net interest income for the year rose to Rs1,592.6 crore as against
Rs1,034.8 crore registering a growth of 54%. Amid severe correction and then reversal during last
two months, this stock has jumped almost 40 per cent. However, it is still much lower than its 52
week high. Accumulate.
RBL Bank (Rs. 521.00) (Code : 540065) (F. V. : 10.00) :- Private sector lender
RBL Bank has reported a rise of 37 per cent in its net profit at Rs.178.12 crore for the quarter ended
March 2018. Its net profit in the corresponding January-March quarter of 2016-17 stood at Rs.130.13
crore.Net interest income (NII) in the March quarter increased by 42 per cent to Rs.500.46 crore
from a year ago, while income from other sources moved up by 32 per cent to Rs.311.98 crore.Total
income increased to Rs.1,534.69 crore during the March quarter of 2017-18 from Rs.1,222.87
crore.For the entire 2017-18 fiscal, bank’s net profit rose to Rs.635.09 crore as against Rs.446.05
crore in the preceding year, an increase of 42 per cent. Its full-year income rose to Rs.5,575.76
crore in 2017-18 from Rs.4,468.62 crore in preceding year.NII rose by 45 per cent to Rs. 1,766.29
crore and income from other sources were up 41 per cent to Rs.1,068.19 crore during the year.The
net interest margin -- a key gauge of profitability --for the year improved to 3.80 per cent from 3.29
per cent in 2016-17.The stock has corrected a bit. Buy.
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
Financial Weekly

INVESTMENT
Market Tips - Dilip K. Shah
Ceat (Rs. 1505.00) (Code : 500878) (F. V. : 10.00) :- Tyre maker CEAT has posted
16 per cent jump in consolidated net profit at Rs.76.81 crore for the quarter ended March 31, 2018. The
company’s net profit in the January-March quarter 2016-17 stood at Rs.65.87 crore. Total income rose to
Rs.1,680.80 crore from Rs.1,644.89 crore a year ago. The company’s board today recommended a divi-
dend of Rs.11.50 per equity share (115 per cent per equity share of Rs.10 each fully paid up) for 2017-18.
The company will also be spending Rs 1,000 crore in the coming year on capacity expansion out of its
larger plan of spending Rs 3,000 to Rs 5,000 crore over the next few years on expanding capacity. The
funding will be a mix of internal accruals and debt. The crude is little bit worry. However, it is not expected to
increase further. So, going forward, it might soften and all the tyre companies will be in a better position,
including Ceat. The stock has corrected more than 25 per cent in last four months. Grab this opportunity
and enter into this counter.
CESC (Rs. 1036.00) (Code : 500084) (F. V. : 10.00) :- CESC is the flagship
company of RP Sanjiv Goenka group. The main business of CESC is power generation and transmission
and distribution (T&D); but the company has also used the cash flow of the business to get into various
other businesses, viz., retail, BPO (business process outsourcing), infrastructure, etc. CESC has recently
announced a plan for demerger to unlock value for shareholders.Its The standalone power generation busi-
ness had a total generation capacity of 1,400MW at the end of September 2017. The group’s electricity
distribution franchisee business serves ~3.1mn users in the cities of Kota, Bikaner, and Bharatpur. The
standalone business generated 5,553mn units of electricity in H1FY18 at a utilization of 82.4%. The company’s
retail business (Spencers) operated 124 stores at the end of FY17 at a monthly run rate of Rs1,576 per
month per square foot. Accumulate.
Supreme Industries (Rs. 1371.00) (Code : 509930) (F. V. : 2.00) :-: The
Supreme Industries Limited is engaged in the manufacturing of plastic products. The Company operates in
two segments: Plastics and Construction. By focusing on high margin value-added products, Supreme has
demonstrated its ability to maintain gross margin at higher levels (around 35% over the last decade). Su-
preme will also benefit from initiatives like housing for all, doubling farm income, increased spending on
irrigation, water supply, etc. Q4 sales were up 15 percent year-on-year (YoY) led by volume growth of eight
percent YoY. Industrial (17 percent of Q4 revenue) and consumer (seven percent of Q4 revenue) seg-
ments witnessed double-digit volume growth of around 17 percent YoY each. Piping segment (59 percent of
Q4 revenue) witnessed YoY volume growth of eight percent.the company’s installed capacity has increased
by five percent in FY18 to 568,000 MT. During FY19, it plans to invest Rs 300-350 crore, which would add
another 50,000 tonne to capacity. Two new greenfield plants are expected this fiscal. In the medium-term,
Supreme industries is expected to benefit from the shift to the organised plastic processing space on ac-
count of the implementation of the Goods & Services Tax.
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
Financial Weekly

INVESTMENT
SMART TIPS Smita N. Zaveri
Prakash Industries (Rs. 203.00) (Code: 506022) :- Shares of this iron steel and
interim products manufacturer have face value of Rs. 10. The shares touched a 52-week high of
Rs. 276 and low of Rs. 83. Promoter holding in the B Group listed firm is 39.66%. In September last
year, SEBI had placed Prakash Industries in the list of shell companies, which had led to a sharp
correction in the share. However, SEBI had allowed normal trading in the shares after a SAT order.
Big Bull Rakesh Jhunjhunwala holds stake in the company. The company is set to demerge its
PVC pipe division which will help in unlocking value for investors. For March 2018 quarter, sales
went up by 45% to Rs. 910.45 crores, whereas the profit surged 347% to Rs. 152.11 crores. EPS
jumped nearly 300% to Rs. 9.95. For the whole year, sales went up by 35% to Rs. 2,935 crores,
and profit by 392% to Rs. 384 crores. Annual EPS was Rs. 25.58. The share is trading at just six
times the estimated earnings for the year, and is very attractively priced.
EIH (Rs. 185.00) (Code: 500840) :- Shares of this B Group listed hotel company have
face value of Rs. 2. The shares touched a 52-week high of Rs. 231 and low of Rs. 126. Promoter
holding is 35.25%. Reliance Industries holds 18.53% and ITC 14.98% stake in the company. It has
strong brands such as Oberoi, Trident and Maiden Hotels. Reliance Mutual Fund also holds a big
stake in EIH. The hotel industry's occupancy rates are around 65%, and nearing the rates of 71.8%
seen in 2008. EIH has hiked its room tariff. The number of foreign tourist arrivals is going up by 10
to 15%. Domestic passenger traffic is also growing by 20 to 25%. EIH boasts of a strong balance-
sheet, and has strong presence across categories. For December quarter, it reported income of
Rs. 362 crores and profit of Rs. 42.65 crores. The stock is seen touching the 52-week high price in
the short to medium term. Its board is slated to meet on May 30 for the financial results.
Equitas Holdings (Rs. 168.00) (Code: 539844) :- The shares of this company have
face value of Rs. 10. The shares touched a high of Rs. 183 and low of Rs. 129 in the last 52 weeks.
Once operating in the micro finance segment, Equitas is now a small bank. The stock has
underperformed due to demonetisation, writing off of loans and political interference, but the bad
days seem to be behind. Equitas's deposit collection has shown strong growth. Its loan growth has
also swelled. For March 2018 quarter, it reported consolidated income of Rs. 485.60 crores, and
profit of Rs. 34.89 crores. Equity is Rs. 337.81 crores, reserves Rs. 1,337.28 crores, debt Rs. 6,543
crores, and market cap Rs. 5,760 crores. Promoter holding in the company is 0% and entire stake
is held by the public. According to HDFC Securities, the company is poised for a big leap going
ahead. The stock is expected to touch new highs after crossing the 52-week high price in the short
to medium term.
Nelcast (Rs. 100.00) (Code: 532864) :- Shares of this B Group listed company have
face value of Rs. 2. The shares touched a 52-week high price of Rs. 109 and low of Rs. 56. The
company supplies casting products for automotive, tractor, construction, mining, railway and gen-
eral engineering sectors. Some of its clients include Tata Motors, Ashok Leyland, Volvo, Eicher,
John Deere, Tata, Cummins, etc. For 2016-17, it reported income of Rs. 637.64 crores, and profit of
Rs. 33.98 crores. For December quarter, income was Rs. 201.39 crores and profit Rs. 10.28 crores.
Operating profit margin for the quarter was 9.91%, and net profit margin 5.11%. Its equity is Rs.
17.4 crores, debt Rs. 73.41 crores, reserves Rs. 312.25 crores, and market cap Rs. 816.51 crores.
The company's board is slated to meet on May 15 to announce quarterly results and to decide on
dividend. Big current can be seen in the stock.
SEBI Registered Research Analyst)
* Disclosure :- The author has not brought / sold any stock advised in this news paper during last one month • All stocks rates / indices on 4th May, 2018 unless specified o Stoploos is useful for Short
- Medium term investors only
* 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 • All disputes are subject to Ahmedabad jurisdiction
Financial Weekly

INVESTMENT
Smart super duper - Dilip K. Shah
L&T Finance Holding (Rs.176.00) (Code:533519) :- The NBFC segment com-

pany is promoted by L&T and is active in asset management, insurance, lending, finance and
other segments The company's equity is 1823.61 crore in which the promoters hold 64.01% and
public hold 35.99% stake. In FY2018, the company's income has increased from Rs8340.59 crore
to Rs10021.03 crore, while profit has increased from Rs1042.18 crore to Rs1459.48 crore. The
company's subsidiaries are performing at highest level. Moreover, increasing awareness about
SIP has witness strong growth in asset management segment.The company's management is
also bullish abouth growth. It can be included in portfolio with long term view.
Kitex Garments (Rs.237.00) (Code:521248) :- It has given handsome returns in
last five to six years. The stock was being traded at Rs3 in 2009, which touched to Rs1060 and
now it is being traded around Rs235. The textile company has equity of Rs4.75 and reserves of
Rs440 crore. The promoters hold 54.80% and public hold 45.20% stake. In the first nine months,
the company's income has increased from Rs328.31 crore to Rs426.09 crore, while profit has
decreased from Rs65.54 crore to Rs59.69 crore. It has witnessed strong correction from upper
level. The stock may once again bounce back. It paid 75% interim dividend for 2018.
Power Grid (Rs 207.00) (Code:532898) :- The Navratna company owns the longest
transmission lines of 1,48,838 kilometers in the country. It owns 236 substations, 3,32,163 MVA
transformation capacity. The company owns 43,450 kilometer long telecom network and plans to
expand it further. As against equity of Rs5231.59 crore, the company has reserves of Rs44633.91
crore. In December quarter, the company's income increased from Rs6500.95 crore to Rs7506.95
crore, while profit increased from Rs1930.02 crore to Rs2040.83 crore. The company has paid
interim dividend of 24.5% for FY2018. The low bita stock can be included in the portfolio. Such a
stock can keep your portfolio stable in volatile market.
KEC Enter (Rs.425.00) (Code:532714) :- The expansion and growth in railway and
power sector may help the KEC International. The flagship company of RPG group is active in
infrastructure engineering, procurement, construction (EPC) along with power transmission, power
system, cables, railway, telecom and water segment. It has presence in 50 countries including
Africa, America, Central Asia, Middle East, South East Asia and South Asia. In December quarter,
the company clocked profit of Rs111.77 crore on income of Rs2404.94 crore and other income of
Rs12.31 crore. The company is bagging orders from international markets and expecting to get
new orders from Power Sector. The company's orderbook is very strong and the profit margins are
also increasing. As against equity of Rs51.42 crore, the company has reserves of Rs1500 crore.
The stock remained between 338 and 111.2 in last 52 weeks. The stock can be purchased for
medium to long term. The stock prices may witness upward movement with March quarter result
announcement.
Financial Weekly

INVESTMENT
Di wan-E-Khas A.J. Diwan (Mumbai)

E-mail : divanconsultancy@rediffmail.com
Up trend to halt
The uptrend in our markets to halt for time being. After high volatility in U.S. market, Crude price
and dropping rupee we feel stock markets in India to take a breath. It may be for some time. After
Karnataka results real trend will be known. On Thursday Nifty closed below 10700 and went down
further on Friday to close at 10615. The immediate support is 10580 and resistance is at 10700.
The breath of market on last two days of the week was negative.
P.C. Jewelers : - This share went down after all scam in diamond markets. On last Thursday
share price went down substantially on rumor of arrest of chairman. When chairman clarified about
no arrest and no raid, Share price started going up. We feel that Sebi should inquire about who
bought shares after dramatic fall. Thursday low is now s/l for investors.
Indigo results brought down share price to 1155 level. It true that share should nosedived with
73% drop in profit. The effect of rising crude and drop in value of Rupee has reduced profit from 440
Cr. to 117 cr. Those who want to take some risk may buy share if comes to Rs.1150.
I am not happy nor will I recommend to by Vedanta with 81% surge in profit. The profit went up
from Rs.2601 Cr. to some 4805 Cr. but in this adjustment of Rs.2869 cr. The EBITDA is also down
from 32% to 28%.the share price may not sustain at higher level.
Kotak bank in last week went up fast. We understand that Kotak bank is taking over Axis bank
in the years to come. On any fall accumulate Kotak bank.
On last Thursday Steel shares went up sharply. We feel that one should not invest in steel
shares at higher price. We have to wait and watch. In fact on rise its good short.
Now rapid fire : - Accumulate Bharti Airtel on decline. ICICI and State bank is good short on any
rise. Hind. lever may show some more profit booking. Hind zinc is Good for investments, Index has
closed at 34915.34750 is support and it should not taken out.
Buy or Sell, Confused ?

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Financial Weekly

INVESTMENT
Investment Ideas telegram.me/rupeegains7
NIFTY :- For next week NIFTY has strong support around 10590 levels. Break will take it to
10560-10535 levels. On the upper side NIFTY will face strong hurdle at 10660 levels, cross over
with volume and close above will create short covering at take NIFTY up to 10720-10765 levels…
BANK NIFTY :- For next week BANK NIFTY has strong support around 25465 levels. Break
will take it to 25295 levels. On the upper side BANK NIFTY will face strong hurdle at 25810 levels,
cross over with volume and close above will create short covering at take BANK NIFTY up to
26000 levels…
To get free market related information join with my telegram ID "TELEGRAM.ME/
RUPEEGAINS7". Also inform your friends/relatives who are interested in stock market & want to
create wealth from stock market to join my telegram id "TELEGRAM.ME/RUPEEGAINS7". For
that in your mobile download app TELEGRAM & then in search type RUPEEGAINS7 & then click
on join.
RUPEEGAINS7 - CROSS ANOTHER MILESTONE 15001+ satisfied group members.
INVESTMENT IDEAS…
VIPPY SPINPRO LTD (514302) (52.75) (Face Value Rs.10)
Incorporated in 1992, Indore based Vippy Spinpro Limited manufactures and sells cotton yarns
in India. The company offers special purpose, slub, fancy, multi count, multi twist, waxed, plied,
and florescent free yarns. Its yarn products are used in various applications, such as denim, terry
towels, bottom weights, home furnishings, bed linens, knitting, surgical clothes, artistic canvas
products, industrial fabrics, sheeting, home textiles, etc. The company's yarn products are also
used as a weft in flannel cloth for made ups. It also exports its products.
It has an equity base of just Rs.5.87crore. Promoters have increased their stake by 4.12% to
58.88% in last 1 year which is highly positive.
Everyone, whose financial advisor is allowing to trade in this stock for medium term can watch
with a stop loss of Rs.45.
MCX LTD (534091 & NSE) (750) (Face Value Rs.10)

Incorporated in 2002, Multi Commodity Exchange of India Limited operates as a commodity
derivatives exchange in India. It offers online trading, and clearing and settlement of commodity
derivative transactions, as well as offers a platform for risk management services. The company
also provides trading in various commodity futures contracts across segments, including bullion,
industrial metals, energy, and agricultural commodities, as well as offers data feeds.
During Q4FY18, its net profit soared 56.51% to Rs.34.15crore from Rs.21.82crore in Q4FY17
on 12.73% higher income of Rs.70.58crore. MCX has received approval to launch trading in op-
tions for crude oil, silver, copper & zinc which is positive for MCX. Company has declared 170%
dividend for FY18. Everyone, whose financial advisor is allowing to trade in this stock for medium
term can watch with a stop loss of Rs.720.
Financial Weekly

INVESTMENT
SUPERHOUSE LTD (532283 & NSE) (172) (Face Value Rs.10)
Incorporated in 1980, Kanpur based Superhouse Limited manufactures and sells finished leath-
ers, leather goods, and textile garments in India. The company operates through Leather and Leather
Products, and Textile Garments segments. It offers finished leather; men's, women's, children's,
safety, and welted footwear; and combat boots. The company also provides leather accessories,
such as leather bags, business cases, portfolios, trolley bags, belts and soles, etc.; leather gar-
ments, including ladies' short jackets, men's jackets, motorcycle jackets, 3/4 jackets and vests,
trousers, skirts, and camisoles, as well as jackets/trousers with embroidery/crochet detailing; and
breeches, riding boots, and riding products. In addition, it offers woven and knitted garments, in-
cluding ladies tops, tunics, evening dresses, trousers, and jackets; and safety garments compris-
ing coveralls, bib-trousers, trousers, jackets, aprons, dust coats, chef coats, doctor coats, hi-visibil-
ity vests and jackets, army uniforms, and fleece jackets, as well as socks and fall protection prod-
ucts. The company sells its products primarily under the Allen Cooper and Double Duty brands.
Superhouse Limited also exports its products.
With an equity capital of just Rs.11.42crore and reserves of Rs.268.90crore, its book value works
out to Rs.245.47 & price to book value ratio is around 0.56x. The promoter holds 54.88% while the
investing public holds 45.12% stake in the company.
During Q3FY18, SHL posted PAT of Rs.3.34 crore as against Rs.3.10 crore in Q3FY17 on
sales of Rs.134.03 crore fetching an EPS of Rs.3.03. (PAT soared 312.34% on quarterly basis).
During 9MFY18, PAT stood to Rs.6.69 crore from Rs.11.54 crore in 9MFY17 on sales of Rs.412.75
crore fetching an EPS of Rs.6.07.
It is regular dividend paying company and it has paid 10% dividend for FY17. Its 52 week high
rate is Rs.227.95 which was formed on 1st November 2017. Stock almost corrected 40% from 52
week high.
It is export oriented company and falling rupee is beneficiary for this company. Based on finan-
cial performance and valuations, the "SUPERHOUSE" share looks quite attractive at the current
level. Everyone, whose financial advisor is allowing to trade in this stock for medium term can
watch with a stop loss of Rs.125.
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 & au-
thenticated sources believed to be true & correct, and also is technical analysis based on & con-
ceived 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 finan-
cial losses made by anybody.
Financial Weekly

INVESTMENT
MARKET TREND NIKHIL BHATT

(+919979380808)
WWW.INVESTMENTPOINT.IN
PERIOD : 7-5-2018 to 11-5-2018
NIFTY FO CLOSED @ 10660 AS ON 04.05.2018

NIFTY FO Range @ 10616 TO 10717 Point In Short Term…!!!
NIFTY FO has resistance at 10686 - 10707 Point; above which other resistance levels are at
10717 - 10733 Point with highly Volatile Trend, In Downside support levels are at 10631 - 10616
Point; below 10616 Point, other support levels are at 10590 - 10573 Point.
I am positive for next bullish trend only above @ 10717 Point 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 FO crosses
@ 10717 Point, again then the upper side target is quite high and it may touch @ 10733 Point in
short term...!!!
BANK NIFTY FO CLOSED @ 25724 AS ON 04.05.2018
BANK NIFTY FO Range @ 25575 TO 25808 Point In Short Term…!!!
BANK NIFTY FO has resistance at 25770 - 25808 Point; above which other resistance levels
are at 25838 - 25909 Point with highly Volatile Trend, In Downside support levels are at 25676 -
25630 Point; below 25630 Point, other support levels are at 25606 - 25575 Point.
I am positive for next bullish trend only above @ 25838 Point 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 BANK NIFTY FO
crosses @ 25838 Point, again then the upper side target is quite high and it may touch @ 25909
Point in short term...!!
Golden Stocks For Trading For the date - 07.05.2018 to 11.05.2018
1. RAYMOND LTD (1116) : It is suggested to Buy @ Rs 1103 with SL of Rs 1097 for the target
of Rs 1130 - 1137; below Rs 1097 it can fall up to RS 1093 - 1088 levels. If it crosses Rs 1137 level
than expect nonstop rally up to Rs 1151....!!
2. TATA CHEM (768) : Trading point of view Buy @ Rs 753 With SL of Rs 747 for the target of
Rs 781 - 793 level below Rs 747 It can show further downfall up to Rs 740 …..!!!
3. SUN PHARMA (521) : Buy @ Rs 509 levels considering minor support of Rs 505 and stop
loss of Rs 500 for an upper target of Rs 533 - 547 levels. Below Rs 500 it can slip up to RS 496 -
491 levels…!!!
4. HEXAWARE (379) : Buy @ Rs 367 levels considering minor support of Rs 363 and stop loss
of Rs 360 for an upper target of Rs 393 - 404 levels. Below Rs 360 it can slip up to RS 357 - 353
levels…!!!
5. GAIL INDIA (331) : Buy @ Rs 317 levels considering minor support of Rs 313 and stop loss
of Rs 309 for an upper target of Rs 343 - 347 levels. Below Rs 309 it can slip up to RS 307 - 301
levels…!!!
6. GPL (78) : Delivery base Buy of this stock near @ Rs 70 with SL of Rs 67 for the target of Rs
84 - 90 level. It is very good for medium term position also…!!!
7. LIME CHEMICALS (77) : This stock is looking very good to Buy @ Rs 70 with SL of Rs 67 for
the target of Rs 82 - 89 Levels below Rs 63 is stock shall witness free fall…!!!
8. HDFC LTD (1919) : It is suggested to Sell with SL Rs 1933 for the target of Rs 1903 - 1896
below @ Rs 1896 it can slip up to Rs 1890 - 1881 level. Above Rs 1933 level will take the stock to
Rs 1947 - 1960…!!!
Financial Weekly

INVESTMENT
Primary Market - Dilip K. Shah
FY2017-18 has been the best year for investors

in the Primary Market : 65% shares are in premium
The beginning of the new year remained poor
for the Mainboard but SME IPOs have flooded the market
In volatile April 11 SME IPOs hit the bourse to raise Rs250 crore
The first mainboard IPO of FY2018-19 Indo Star Network worth Rs1744 crore to enter into the market on May 9
This week 4 SME IPOs - 2 BSE SME and 2 NSE SME IPOs to enter into the market
BSE SME IPO of Milestone Furniture will enter into the market on May 7 and UH Zaveri on May 8
Innovators Façade's BSE SME IPO with price band of Rs71-72 will open on May 14 and close on May 16
NSE SME IPO of E2E Network has opened on May 3, while Five Core Ele to open on May 11
Haryana-based NSE SME IPO Sirca Paints with price band of Rs151-160 to enter into the market on May 16
SREI Equipment's Rs1000 crore NCDs issue that opened on April 25 got 0.42 times subscription
How will be subscription and listing in Indo Star mainboard IPO ?
Soft Tech Engg's IPO got robust response with 29.26 times subscription and Indo US got 19.74 times subscription
As per prediction of Smart Investment Bombay Super Seeds in upper circuit with short term gains
Rakesh Jhunjhunwala backed John Energy's IPO gets Sebi nod
Indo US BIP may do the Bombay Super Seeds on listing
GR Infra files DRHP with Sebi for Rs1800 crore issue
FY2017-18 has turned out to be the best year for investors in primary market as 65% of
the shares listed in the year are being traded above the offer price. Out of 41 companies
listed in the year 27 have given positive return and some of them have given even three
times return. \
However, in the beginning of the new year, the market witness absence of the mainboard
IPOs. In the May month, one issue that of Indo Star Capital Fin is entering into the market on
May 9, 2018. However, the rally is likely to start from May end or beginning of June. As
shown in the box more than a dozen issues have lined up to raise Rs17000 crore.
It should be noted that SME IPOs are flooding the primary market. In April around 11
companies came up with IPO and despite volatile market conditions they did well. Moreover,
May is likely to witness more SME IPos and it is believed that in the first half of the month,
the SME will raise Rs150 crore and in the second half they may raise Rs200 crore. So, there
will be hardly any blank day in the market.
* Mainboard IPO:-
• Indo Star Capital Fin. :- Mumbai-based Everstone Group Company is entering into the
market to raise Rs1844 crore by offering fresh equity worth Rs700 crore and OFS for Rs1144
Financial Weekly

INVESTMENT
BSE SME IPO

Sr Company Issue Open Dt. Issue size Offer price Minimum Rating Remark
Issue Close Dt. (Rs. Cr.) (Rs.) Applications Size %
1. Milestone 7-5-2018 32,97,000 Eq. 45 3000 Shares 36%
Furniture 11-5-2018 (Rs. 14.84 Cr.) (Rs. 1,35,000) Mid Term
2. U. H. Zaveri 8-5-2018 22,20,000 Eq. 36 3000 Shares --
Limited 14-5-2018 (Rs. 7.99 Cr.) (Rs. 1,08,000)
3. Innovators 14-5-2018 56,60,800 Eq. 71 to 72 1600 Shares
Facade 16-5-2018 (Rs. 40.75 Cr.) (Rs. 1,15,200)
NSE SME IPO

Sr Company Issue Open Dt. Issue size Offer price Minimum Rating Remark
Issue Close Dt. (Rs. Cr.) (Rs.) Applications Size %
1. E2E 3-5-2018 38,58,000 Eq. 57 2000 Shares 34 %
Networks 7-5-2018 (Rs. 21.99 Cr.) (Rs. 1,14,000) Long Term
2. Five Core 11-5-2018 33,33,000 Eq. 140 1000 Shares --
Electronics 14-5-2018 (Rs. 46.66 Cr.) (Rs. 1,40,000)
3. Sirca 16-5-2018 48,70,000 Eq. 151 - 160 800 Shares
NEXT WEEK
Paints 22-5-2018 (Rs. 77.92 Cr.) (Rs. 1,28,000)
crore (2 crore shares) at price of Rs570-572. More details are given in separate box.
The company may benefit from increasing fancy in NBFC segment. However, some nega-
tive points must be ponder upon. In the first nine months of FY2018, the company's NPA and
provisions have increased. Moreover, cash flow has remained negative for three years.
RONW has decreased. The net profit of Rs205 crore for FY2017-18 is lower compared to
Rs211 crore witnessed in previous year. Promoters cost is only Rs130 against which they
are getting five times at offer price of Rs572. Indo Star had invested only Rs900 crore before
five years but the valuation at offer price touches Rs5200 crore. The issue is fully priced.
Subscription :- The issue may get 1.5 to 2 times subscription in retail segment, 40/50 in
HNI, and 15 times in QIB. Allotment may be on May 16 and fund unblocking on May 17.
Shares will be deposited on May 18 and listing could be on May 21 around Rs600-625.
* SME IPOs:-
• BSE SME IPOs:-
MileStone Furniture :- The issue with offer price of Rs45 will open on May 7 and Clos on
May 11. The details of Rs14.84 crore issue is given in separate box.
UH Zaveri :- Gujarat-based company's IPO will open on May 8 and close on May 14. The
company will offer 22.20 lakh equity shares at price of Rs36 to raise Rs7.99 crore. The
minimum application will be for 3000 shares. More details will be given on Smart Investment
and Smart Bonanza website.
Innovators Façade :- Maharashtra-based company will enter into the market on May 14
offering shares at price of Rs71-72 to raise Rs40.75 crore. Merchant Bankers are Pantamoth
Capital. More details will be given next week.
Financial Weekly

INVESTMENT
yk MkÃíkknLkk Main - line IPO Ãkh yuf Lksh (Non SME)

Sr Company Issue Open Dt. Issue size Offer price Min. Rs. 1,00,00 Rs. 2,00,000 Listing Lead Rating Remark
Issue Close Dt. (Rs. Cr.) (Rs.) App. Limit Limit Manager %
1. Indostar 9-5-2018 Fresh Issue Rs. 700 Cr. 570 to 572 26 Shares 270 Shares 585 Shares BSE J.M. Fin., Kotak
35%
Capital Fin. 11-5-2018 + OFS : 2,00,00,000 Rs. 14,872 Rs. 86,670 Rs. 1,87,785 NSE Morgan St.,
Mid to
(Book Building) Eq. Share Motilal Osw.
Long Term
(Rs. 1844 Cr.) Nomura Fin.
• NSE SME IPO:- Grey Market Premium

E2E Networks :- The issue with fixed Main Line IPO Offer Price Premium Kostak Price
Name (Rs.) (Rs. (Min. Application)
price has opened on may 3. The issue Indo Star Capital 570 to 572 25 (Seller) 350 / 400
(H : 62 / Low 17)
will close on may 7. More details is given SME IPOs Offer Price Kostak Price Subject to Sauda
in separate box.It has got 1.17 times sub- (Rs.) Min.Appl.(Rs.) (Confirm) (Rs.)
Indo US Bio- Tech 51 1300 11000
scription. Godha Cabcon 30 to 33 600 5000
Akshar Spintex 40 1000 7000
Five Core Electronics :- Rs46.68 crore
Soft Tech Engg. 78 to 80 13000
issue with offer price of Rs140 will open Milestone Fur. 45 500 6500
Sirca Paints 151 to 160 900 --
on May 11 and close on May 14. More Do not subscribe for IPO by just seeing premium price as it may change anytime
before listing : Subscribe only considering fundamental of the Companies
details will be given on website.
For latest grey market premium please check everyday
Sirca Paints :- Rs77.97 crore IPO with www.smartinvestment.in
price band of Rs151-160 will open on May 16 and close on May22. Lead manager is Nevigent
Corporate. More details will be given next week.
* SREI NCDs issue:-
The issue with base price of Rs500 and shelflimit of Rs1000 crore has got 0.42 times
subscription. It has been given AA+ rating.
* SME IPO subscription:-
GREY MARKET Movement

Indo-Star's mainboard IPO create movement in Grey Market
Issue premiums went up to 60 in volatile situation but now at seller's rate of 25
Volume and price spurt in Indo US Bio and Soft Tech with robust response from investors
People close to the developments strike interest rate and subject to deals in Milestone Furniture issue
Deals started in Sirca Paints from Thursday at interest rate of Rs 900
* Indo-Star Capital :- Counter has remained highly volatile. IPO premium started at 55/60 but
last week came down to 17/18 and went up to 38/40 but now it is believed to be around Rs25 of
sellers rate. It may witness high volatility in future. The interest rates are believed to be around
Rs350/400.
SME IPOs :- Indo US Biotech and Soft Tech Engg has spurt to 11000 and 13000 respectively
afte robust response. Both issues are likely to be in upper circuit after listing.
Akshar Spintex :- In AksharSpintex, interest rates are believed to be Rs1000 and subject to
Rs7000, while in GodhaCabcon the interest rates are believed to be Rs600 and subject to rates
at Rs5000.
Last week, Milestone Furniture witnessed interest rates deals at Rs500 and subject to at Rs
6500.
Financial Weekly

INVESTMENT
Non Convertible Debenture (NCD) Issues at a Glance
Sr Company Issue Open Bond size F.Value Min. Listing Rating
Issue Close (Rs. Cr.) (Rs.) App.
25-4-2018 Rs. 5,000,000,000 1,000/- 10 NCDs BSE BWR AA+ / Stable
1. SREI 16-5-2018 Aggregating to (Rs.10,000) SMERA AA+/Stable
Equipment Rs. 10,000,000,000 Lead manager :
Edelweiss, A.K. Capital,
IIFL, SPA Capital, Tipson Consl.
Subscription Figures of SME IPO (Dt. 27-4-2018) GodhaCabcon :- It got 1.32 times sub-
IPO Listing Day Subscribed
Dr. Lalchandani BSE SME Issue Closed on 27-4-2018 4.44x scription on last day.
Godha Cabcon NSE SME Issue Closed on 3-5-2018 1.32x Soft Tech Engg. :- NSE SME IPO got
Soft Tech Engg. NSE SME Issue Closed on 3-5-2018 29.26x
Dhruv Consultants BSE SME Issue Closed on 2-5-2018 2.54x 29.26 times subscription on last day of
Akshar Spintex BSE SME Issue Closed on 3-5-2018 5.20x
Indo US Biotech BSE SME Issue Closed on 3-5-2018 19.74
May3.
NII : 19.61x ; Retail : 19.88, Overall : 19.74 Dhruv Consultants :- The issue got
E2E Network NSE SME 2nd Day Subscribed 1.17x
closed on may 3 with 2.54 times subscrip-
Allotment & Listing Process of Currnet IPOs tion.
Particular Indo Star Godha Akshar Soft Tech
Capital Cabcon Spintex Engg. AksharSpintex :- The issue got closed
Main LIne NSE-SME BSE-SME NSE-SME
Issue Closes 11-5-18 3-5-18 3-5-18 3-5-18 on May 3 with 5.20 times subscription.
Finalisation of Basis of Allotment16-5-18 8-5-18 8-5-18 8-5-18
Refund/Unblocking of Fund from ASBA 17-5-18 9-5-18 9-5-18 9-5-18 Indo-US :- It got 19.74 times subscrip-
Credit of Eq. Shares to Demat A/c.18-5-18 10-5-18 10-5-18 10-5-18
Listing on BSE / NSE 21-5-18 11-5-18 11-5-18 11-5-18 tion including 19.6 times in HNI and 19.88
times in retail.
E2E Network : NSE SME IPO got 1.17 times subscription got 1.17 times subscription on
day two.
* SME IPO Listing :- Last week Bombay Super Seed issue with offer price of Rs60 got
listed with premium and remained in upper circuit. It has given 33% return to the investor.
IndoStar Capital Fin. * Insight into the mainboard issues:-

Retailers may apply
Shares Amt. Shares Amt. John Energy :- Rakesh Jhunjhunwala backed company has got
26 14872 182 104104
52 29744 208 118976
approval for Rs350 crore issue which includes Rs218 crore fresh
78 44616 234 133848 issue and OFS of 16,77,744 shares. Lead Manager is Key'Note.
260 148720
104 59488 286 163592
130 74360 312 178464 GR Infra :- It has filed DRHP with SEBI for Rs1800 crore issue
156 89232 338 193336
including fresh equity of Rs500 crore and OFS of 11,25,243 shares.
Subscription Figures of Shankara Polymers :- Vadodara-based company has filed DRHP
SREI Equipment NCDs
for Rs750 million fresh issue and OFS of 18 lakh shares. Lead
As on No.of NCDs No. of
4th May, Offered / Time Manager is Viviro Finance Services. It will get listed on BSE and
Reserved Subs-
ribed
NSE.
Category 1 1000000 0.15x
Category II 1000000 0.17x
Category III 3000000 0.59x
Total 5000000 0.42x
Financial Weekly

INVESTMENT
IndoStar Capital Main board IPO

Opens on 9th May, 2018 & Closes on 11th May, 2018
Price Band Rs. 570 to 572 ; Listing on BSE - NSE
Considering growth prospects for this segment,
Apply for mid to long term
Incorporated in 2019, Mumbai based Indostar Capital Finance Ltd. (ICFL) is a leading non-banking
finance company ("NBFC") registered with the Reserve Bank of India as a systemically important non-
deposit taking company. It is a professionally managed and institutionally owned organization which is
primarily engaged in providing bespoke Indian Rupee denominated structured term financing solutions
to corporate and loans to small and medium enterprise ("SME") borrowers in India. ICFL recently ex-
panded its portfolio to offer vehicle finance and housing finance products. Between fiscal 2013 and
2017, its total credit exposure, total revenue and net profits grew at a CAGR of 30.0%, 31.4% and
23.7% respectively.
As of 28th February 2018 it conducted its operations through 71 branches across India with central
office support at Mumbai.
To part finance its existing funding activities, ICFL is coming out with a maiden IPO of via book
building route with a price band of Rs. 570-572 per share for approx. 32237762 shares of Rs.10 each to
mobilize Rs.1837.55 cr. - Rs. 1844.00 crore based on lower and upper price bands. Issue comprises
of fresh equity issue worth Rs. 700 crore (approx. 12237762 shares) and offer for sale of 20000000
equity shares. Issue opens for subscription on 09.05.18 and will close on 11.05.18. Minimum applica-
tion is to be made for 26 shares and in multiples thereon, thereafter. BRLMs to this issue are JM Finance
Ltd., Kotak Mahindra Capital Co. Ltd., Morgan Stanley India Co. Pvt. Ltd., Motilal Oswal Investment
Advisors Ltd. and Nomura Financial Advisory and Securities (India) Pvt. Ltd. Link Intime India Pvt. Ltd.
is the registrar to the issue. Post allotment, shares will be listed on BSE/NSE. Average cost of acquisi-
tion of shares by the promoter selling shareholders and other selling shareholder is Rs. 130 to Rs.
133.27 per share. Issue constitutes 35.37% of the post issue paid up capital of the company. Post issue
its current paid up equity capital of Rs. 78.90 crore will stand enhanced to Rs. 91.14 cr.
Financial Performance :- On performance front, for last four fiscals (on a consolidated basis) ICFL
has posted total revenue/net profits of Rs. 396.91 cr. / Rs. 112.13 cr. (FY14), Rs. 528.06 cr. / Rs.
149.04 cr. (FY15), Rs. 644.05 cr. / Rs. 191.64 cr. (FY16) and Rs. 719.92 cr. / Rs.210.80 cr. (FY17). For
the first nine months ended on 31.12.17 of FY18 it has earned net profit of Rs. 164.08 cr. on revenue of
Rs.585.95 cr. For last three fiscals it has posted an average EPS of Rs. 25.53 and an average RoNW
of 11.62%. Issue is priced at a P/BV of 2.17 based on its NAV of Rs.263.96 as on 31.12.17. If we
annualize latest earnings and attribute it on fully diluted equity post issue then asking price is at a P/E of
around 24 against industry average of 28.66.
BRLM's Performance :- On BRLM's front, 5 merchant bankers associated with the offer have handled
42 public issues in the past three years out of which 9 public issues closed below the issue price on
listing date.
Recommendation : - Valuations of Issue price seems slightly lower against industry average. NBFC
sector is performing well in comparison of Banking Sector Hence one can apply for mid to long term
Financial Weekly

INVESTMENT
E2E Networks IPO

Opens on May 3 & Closes on 7th May, 2018
Offer price fixed at Rs. 57 ; Listing on NSE - SME Platform
Considering good record investors may apply for long term
Incorporated in 2009, Haryana based E2E Networks Ltd. (ENL) is in the business of, provid-
ing Cloud Infrastructure in India. Since inception in 2009, it has strived to attain technical inno-
vation in the Cloud migration and Deployment for its clients. ENL followed this up by launching
hourly billed pure SSD (Solid-State-Drive) public cloud and private cloud. Company's Cloud
Infrastructure has been used by many well-known companies across industries like E-Com-
merce, Digital Classified, BFSI and whole host of new-age digital businesses. It provides ser-
vices under the brand name of "E2E" through Third Party Data Centers situated at Noida, Mumbai
and Vellore.
To part finance its working capital and general corpus fund needs, ENL is coming out with a
maiden IPO of 3858000 equity shares of Rs. 10 each at a fixed price of Rs. 57 per share to
mobilize Rs. 21.99 cr. Issue opens for subscription on 03.05.18 and will close on 07.05.18.
Minimum application is to be made for 2000 shares and in multiples thereon, thereafter. Issue
comprises of fresh equity issue of 2750000 shares and offer for sale of 1108000 shares. After
allotment, shares will be listed on NSE SME Emerge. Issue is solely lead managed by Holani
Consultants Pvt. Ltd. and Link Intimae India Pvt. Ltd. is the registrar to the issue. Issue consti-
tutes 27.08% of the post issue paid up capital of the company. It has also issued bonus shares
in the ratio of 30 shares for every 1 share held in February 2018. Average cost of acquisition of
shares by the promoters is Rs.0.39 per share. Post issue, company's current paid up capital of
Rs. 11.50 cr. will stand enhanced to Rs. 14.25 cr.
Financial Performance :- On performance front, for last four fiscals, ENL has posted turn-
over/net profits of Rs. 5.19 cr. / Rs. 0.28 cr. (FY14), Rs. 9.93 cr. / Rs. 0.84 cr. (FY15), Rs. 21.47
cr. / Rs. 2.22 cr. (FY16) and Rs. 29.53 cr. / Rs. 4.21 cr. (FY17). For the first nine months of the
FY18 it has earned net profit of Rs.5.26 cr. on a turnover of Rs. 27.21 cr. Thus year after year it
has posted improved performance. For last three fiscals it has posted an average EPS of Rs.
2.60 and an average RoNW of 33.28%. As company has already capitalized most of its re-
serves, issue is priced at a P/BV of 3.19 on the basis of post issue NAV of Rs. 17.87. If we
annualize latest earnings and attribute it on fully diluted equity post issue then asking price is at
a P/E of around. As per offer documents, it is showing 8KMiles as its listed peers (although it is
not strictly comparable) which is trading at a P/E of around 16 (as on 26.04.18) Thus issue
appears fully priced.
BRLM's Performance : - On merchant banker's front, this is the first mandate from its stable
and it has no track record for past listings.
Recommendation : - Considering good track record, P/BV of 3.19 & PE of 12, investors may
apply for long term in this IPO.
Financial Weekly

INVESTMENT
Milestone furniture BSe SME

IPO Opens on May 7 & Closes on May 11, 2018
Offer price fixed at Rs. 45; Listing BSE - SME Platform
Considering continues growth & reasonable offer price,
Apply for Mid Term
Milestone Furniture Ltd. (MFL) is running manufacturing and marketing of Interior and Modu-
lar Furniture business. It has developed the skill and expertise in space and work station man-
agement with designing and innovation in furniture used in education, healthcare and corpo-
rate organizations.
To part finance setting up of manufacturing facility for modular innovative furniture, working
capital and general corporate funds needs, MFL is coming out with a maiden IPO of 3297000
equity shares of Rs. 10 each at a fixed price of Rs. 45 per share to mobilize Rs. 14.84 crore.
Issue opens for subscription on 07.05.18 and will close on 11.05.18. Minimum application it to
be made for 3000 shares and in multiples thereon, thereafter. Post allotment, shares will be
listed on BSE SME. Issue is solely lead managed by Monarch Net worth Capital Ltd. and Karvy
Computershare Pvt. Ltd. is the registrar to the issue. Issue constitutes 35.46% of the post issue
paid up capital of the company. Average cost of acquisition of shares by the promoters is Rs.
22.65 per share. Post issue, its current paid up capital of Rs. 6.00 cr. will stand enhanced to Rs.
9.30 cr.
Financial Performance :- On performance front, MFL has posted turnover/net profits of Rs.
0.38 cr. / Rs. 0.03 cr. (FY14), Rs. 3.32 cr. / Rs. 0.05 cr. (FY15), Rs. 5.52 cr. / Rs. 0.20 cr. (FY16)
and Rs. 8.95 cr. / Rs. 0.33 cr. (FY17). For the period ended on 30.11.17 of fiscal 17-18 it has
earned net profit of Rs. 0.80 cr. on a turnover of Rs. 23.72 cr. Issue is priced at a P/BV of 2.96 on
the basis of its NAV of Rs. 15.20 as on 30.11.17. For last three fiscals it has posted an average
EPS of Rs. 122.30 and an average RoNW of 44.67%.
BRLM's Performance :- On merchant banker's front, this is the 6th mandate from its stable
and out of last 5 listings, 1 opened at par, three with 1.4% to 5% and one with 45% premium on
the day of listing.
Recommendation : - Considering reasonable offer price, continues growth in financial per-
formance, Premium prices of recently listed SME IPOs of Same segment i.e. Ambition Mica,
Marvel Décor, Focus lightings & Yug Décor investors may apply for Mid Term
Financial Weekly

INVESTMENT
Smart Best Buy S. N. Zaveri
Maruti Suzuki shows strong Q4 numbers

HDFC Q4 profit up 29% on increased loan portfolio
Dabur spurts on strong quarterly results
Raymond : One of the best performer in last one year
Bandhan Bank : Strong financials following IPO
Maruti Suzuki (Rs. 8679.00) (Code : 532500) (F. V. : 5.00) : The country’s
largest passenger vehicle maker, Maruti Suzuki has reported a 10% growth in its net profit for
Q4FY18, but missed Street estimates as higher effective tax rates and expensing of a part of addi-
tional payments to landowners (Rs 250.70 crore) impacted its bottomline. Maruti’s net profit was
Rs 1,882 crore, against Rs 1,711 crore for the same period last year. Fromt operating perspective,
the performance looks better. The earnings before interest, depreciation, tax and amortisation
(EBIDTA) grew 18% to Rs 3,015 crore in the fourth quarter this year from Rs 2,560 crore in the
corresponding quarter of the previous fiscal. EBIDTA margins too improved to 14.24% from 12.34%.
The operating EBIT grew still faster at 24.4% in Q4FY18 over the same period last year.For the full
year, Maruti Suzuki reported a growth of 5% in its standalone net profit to Rs 7,722 crore against Rs
7,350 crore in the preceding fiscal. The board of directors recommended a dividend of Rs 80 per
share of face value Rs 5 for FY18.It is on top in almost all the segment. Buy this blue-chip stock at
every decline.
HDFC (Rs. 1912.00) (Code : 500010) (F. V. : 2.00) :- HDFC stock has made new
52-week high last week on strong Q4 numbers. The company has announced a 28.6% rise in
consolidated net profit at Rs 3,961 crore for the quarter ended March 2018 (Q4FY18), compared
with Rs 3,079 crore during the year-ago period. The home finance major’s profit surge was due to
an increase in demand for loans and strong growth in its insurance arm.HDFC’s board has ap-
proved raising up to Rs 85,000 crore through issuance of debt securities. HDFC’s total income
during the quarter grew nearly 18% to Rs 21,249 crore, from Rs 18,041 crore during the year-ago
period. For FY18, the company’s board recommended a final dividend of Rs 16.50 per
share.HDFC’s retail loan growth is impressive, despite intense competition and a high base. Over
the past four quarters, corporate loan growth has also picked up smartly. Also, with access to
multiple sources of borrowings, we believe HDFC will be able to manage spreads well in this
environment of rising GSec yields. Accumulate.
Dabur India (Rs. 370.00) (Code : 500096) (F. V. : 1.00) :- FMCG major Dabur
India has last week, reported better Q4 numbers. It reported an 18.9 per cent year-on-year (YoY)
rise in consolidated net profit at Rs 396.20 crore for the March quarter. That compared with Rs
333.10 crore profit reported for the corresponding quarter last year. Consolidated revenue from
operation rose 6.2 per cent YoY in the March quarter to Rs 2,032.90 crore, from Rs 1,914.70 crore
in the year-ago period. Operating profit rose 16.2 per cent YoY to Rs 485.20 crore. PAT margin
expanded 209 basis points on a YoY basis to 19.5 per cent . Growth in the domestic FMCG busi-
ness stood at 10 per cent, led by 7.7 per cent volume growth. The international business reported
16.8 per cent growth in constant currency terms. The company has made strong brand loyalty as it
has maintained its market share inspite of strong competition like Patanjali in recent years. The
Financial Weekly

INVESTMENT
stock has been also an outperformer. The stock has spurted in last 7-10 days and has jumped
more than 15 per cent. Buy.
Raymond (Rs. 1109.00) (Code : 500330) (F. V. : 10.00) :- iversified group
Raymond has reported a 61.46 percent increase in its consolidated net profit to Rs 54.38 crore for
the fourth quarter ended March of 2017-18. The company had posted a net profit of Rs 33.68 crore
in January-March period a year ago. Its total income was up 9.91 percent at Rs 1,655.12 crore
during the quarter under review as against Rs 1,505.75 crore in the corresponding period of the
previous fiscal.Raymond's total expenses were at Rs 1,578.96 crore, up 8.79 percent in the period
under review as against Rs 1,451.34 crore in the year-ago period.For the financial year 2017-18
ended on March 31, Raymond's net profit jumped over three-fold to Rs 141.55 crore as against Rs
30.02 crore in 2016-17. The stock is one of the best performer in last one year as it has given more
than 80 per cent return in last one year. Still, it is a very momentum stock. Buy on every decline.
Bandhan Bank (Rs. 503.00) (Code : 541153) (F. V. : 10.00) :- Private lender
Bandhan Bank has reported a 20.3 per cent rise in net profit at Rs 388 crore for the last quarter of
2017-18 fiscal on the back of healthy interest as well as non-interest income.The bank had regis-
tered a net profit of Rs 322 crore in the January-March quarter of 2016-17 fiscal.The net interest
income (NII) for the quarter grew by 25.2 per cent to Rs 863 crore as against Rs 689 crore in the
same quarter year earlier. Non-interest income jumped by 57.4 per cent to Rs 203 crore as against
Rs 129 crore.Total income in the January-March period of 2017-18 increased to Rs 1,553.97 crore,
up by 29 per cent from Rs 1,207.77 crore in same quarter of 2016-17.Net NPAs increased to 0.58
per cent (Rs 172.90 crore) of the net advances by end of March 2018, versus 0.36 per cent (Rs
61.17 crore).During the year ended March 31, 2018, the bank successfully raised capital of Rs
3,662 crore through initial public offer by issuing 97,663,910 equity shares, Bandhan Bank said.
Nifty & Sensex Movement during the last week

NSE - Nifty Open High Low Close Diff
30-Apr-18 10705.75 10759 10704.6 10739.35 47.05
01-May-18 Maharashtra/ Gujarat Day Holiday NA
02-May-18 10783.85 10784.65 10689.8 10718.05 -21.3
03-May-18 10720.15 10720.6 10647.45 10679.65 -38.4
04-May-18 10700.45 10700.45 10601.6 10618.25 -61.4
Net Weekly Loss -74.05
Sensex Open High Low Close Diff
30/04/18 35,021.20 35,213.30 35,004.00 35,160.36 190.66
01/05/18 Maharashtra/ Gujarat Day Holiday NA
02/05/18 35,328.91 35,357.15 35,072.42 35,176.42 16.06
03/05/18 35,257.31 35,257.31 35,020.08 35,103.14 -73.28
04/05/18 35,144.96 35,206.55 34,847.61 34,915.38 -187.76
Net Weekly Loss -54.32
Financial Weekly

INVESTMENT
Dalal Street Whispers - Dilip K. Shah
Balrampur Chini (Rs. 64.00) (Code: 500038) :- With the union cabinet announcing
subsidy for sugarcane growers, sugar shares are turning sweet after a long time. This will benefit
Balrampur Chini, Simbholi, KCP, Dwarkesh, and other sugar companies.
Thirumalai Chemical (Rs. 2,103.00) (Code: 500412) :- This commodity chemi-
cals company has reported 30% rise in net profit for the fourth quarter. The share is also in focus as
the company has announced 20% dividend and stock-split.
Hindustan Futuristic (Rs. 28.00) (Code: 500183) :- The company has announced
86% jump in net profit. Moreover, it has also bagged a Rs. 579 crore contract from BSNL. The
share is up 83% in one year.
Astec Life (Rs. 726.00) (Code: 533138) :- The company has reported 102% jump in
profit. There has been a slight correction in the stock after touching 52-week high. The stock is
showing bullish pattern.
Bajaj Auto (Rs. 2,890.00) (Code: 532977) :- This automobile company has reported
26% increase in sales for the month of April. Looking at the strong export growth, it is likely to
maintain this sales momentum. Its earnings are expected to further improve.
Bharti Airtel (Rs. 396.00) (Code: 532454) :- The company plans to sell 25% stake in
its African business to raise $ 1.5 billion. It is planning to list Bharti Airtel International (Nether-
lands), the holding company of its African business, in early 2019.
Redington (Rs. 133.00) (Code: 532805) :- Redington is the distributor of Apple prod-
ucts in India. The stock has touched six month highs on account of strong growth of Apple.
Nelcast (Rs. 100.00) (Code: 532864) :- Automobile companies have reported strong
growth for April. This includes the likes of Maruti Suzuki, M&M, Tata Motors, and others. The growth
in auto sales will also help auto equipment manufacturers like Nelcast.
Kesoram Ind. (Rs. 116.00) (Code: 502937) :- The company has presence in paper
and tyre segments. The strong performance of companies in both these segments, and rising fancy,
can have a positive impact on this stock.
Khadim (Rs. 808.00) (Code: 540775) :- The company had made its equity market
foray in November last year by issuing shares at Rs. 750 to raise Rs. 543 crores. The company is
expected to report strong numbers for the fourth quarter when its board meets on May 11. It is also
likely to announce attractive dividend.
Schneider Ele. (Rs. 123.00) (Code: 534319) :- Larsen & Toubro has announced
sale of its electronics and automation business of France's Schneider Ele. for Rs. 14,000 crores.
The deal will help the 180-year old company.
TBZ (Rs. 106.00) (Code: 534369) :- The company reported turnaround in the March
quarter. As against loss last year, it has reported profit of Rs. 7.04 crores this year. The stock is on
radar of investors.
Adani Power (Rs. 25.00) (Code: 533096) :- This Adani Group company has man-
aged to reduce its losses in the March quarter. Profit margin has gone up. The company is moving
towards a turnaround.
Tata Motors (Rs. 334.00) (Code: 500570) :- The company has decided to sell its
defence and aerospace business. This will have a positive impact on its performance.
Financial Weekly

INVESTMENT
Senior Astrologer
Dharmesh Joshi
Mob. : 9909941816
E-mail :
stockmarket@ganeshaspeaks.com
Sensex Predictions : Dt. 7th May to 11th May

07-05-2018 Monday :- " Aha!! The Moon-Mars-Ketu combination will increase the risk
level today. " 9.15 to 11.15 Don't trust Nifty and just do jobbing. " 11.15 to 14.15 The broad view in
Nifty is positive. " 14.15 to 15.30 Overall view in Nifty is average or on the down side.
08-05-2018 Tuesday :- " There are no astrological changes today, only Moon has changed
its constellation. " Exalted Mars and Sun, swagruhi Venus, and major planets like Jupiter-Saturn
are retrograde. Thus we may be unable to understand what is happening in the Universe. " Avoid
the first 15 minutes. " 9.30 to 10.00 Nifty will technically go up. " 10.00 to 11.15 Nifty may be
boring, hence trade with a margin of just 1 rupee. " 11.15 to 12.45 Nifty will go up. " 12.45 to 15.30
Expect a mixed pattern in Nifty. Just consider that the "Trend is our Friend".
09-05-2018 Wednesday :- " Today is perfect for intraday and delivery based work. "
Ganesha also says that it is a perfect day to work on your own risk. " Pre-opening to 10.40 is a "No
Trading Zone". Around 10.40 buy Nifty and around 11.40 exit. " Around 12.40 buy Nifty and around
13.40 exit. " Around 14.00 sell Nifty and be prepared to exit immediately.
10-05-2018 Thursday :- " Ahh!!! Mercury has changed signs and will now work system-
atically with the Sun. " 9.15 to 9.45 Nifty will do jobbing on up side of the surface. " 9.45 to 11.00
Nifty will go down. " 11.00 to 12.30 Nifty will go up. " 12.30 to 14.50 Nifty will be in mixed to
average trading zone. " 14.50 to 15.30 Nifty will go up slightly.
11-05-2018 Friday :- " Liquidity and volume will be good in the market today. " From
starting till 13.00 nothing special is expected, hence proceed as per the global market. " 13.00 to
14.00 expect a bounce due to some temporary news. " 14.00 to 15.00 Nifty may slip a bit, but don't
panic. " During the last 30 minutes, slight impact of buying in 'A' group stocks is indicated. But it is
difficult to tell the number of points before one week.
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Amazing 21% RETURN SMART GAIN
FOR SMART INVESTORS
Company Reccom. Weekly Ch. Company Reccom. Weekly Ch.
23-4-2018 High (%) 23-4-2018 High (%)
Mahindra Holiday 324 348 7.41 Sasken 753 905 20.19
Avanti Feed 2358 2525 7.08 Marico 316 325 2.85
Ramco Cement 845 878 3.91 TCS 3406 3560 4.52
Tata Elxsi 1142 1257 10.07 HDFC Bank 1960 1984 1.22
Mind Tree 977 1087 11.26 KPIT 242 251 3.72
Oil India 227 242 6.61 Kanpur Plasti 147 162 10.2
Tech Mahindra 700 729 4.14 Aban Offshore 175 183 4.57
Blue Star 792 842 6.31 Shreyas Ind. 172 180 4.65
Motherson Sumi 350 359 2.57 HOEC 124 129 4.03
KSB Pumps 857 890 3.85 Parag Milk 297 319 7.41
Eicher Motors 31148 32209 3.41 Panasonic Energy 358 373 4.19
Kaktia Cement 315 345 9.52 EPC Ind. 134 149 11.19
HCL Techno 1062 1106 4.14 Salasr Techno 355 403 13.52
JSW Steel 322 330 2.48 Coffee Day 309 343 11
I.B. Housing Fin. 1354 1390 2.66 Bajaj Electricals 644 706 9.63
Force Motors 3138 3238 3.19 First Soruce 59 62 5.08
Shriram City 2295 2415 5.23 Hindustan Tin 92 103 11.96
Bombay Dyeing 280 294 5 Opto Circuits 10 11 10
IRB Infra 264 271 2.65 Diamines & Chem. 96 113 17.71
Jagran Prakashan 161 168 4.35 Ausom Enterprise 98 113 15.31
DCB Bank 194 200 3.09 Hilton Metlas 38 41 7.89
ACE 172 204 18.6 Orient Hotels 54 59 9.26
Infinite Comp. 496 510 2.82 L & T Fin. 164 169 3.05
Ashok Leyl 155 166 7.1 Dynamic Ind. 98 119 21.43
Glenmark 571 589 3.15 Dolphin Offshore 94 99 5.32
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Financial Weekly

INVESTMENT
Editor : Dilip K. Shah
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Phone : 079 - 2657 66 39, Fax : 079 - 2657 99 96 • Mob. : 0982500 6980
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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

INVESTMENT
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Financial Weekly

INVESTMENT
Grand Success Story of

D(en)O(f)W(ealth) : Dow Scheme
Date Stock Reco. Target Achieved Return Date Stock Reco. Target Achieved Return
Rate (Rs.) Rate (%)
29th April-15 J M FIN 47.5 60-90 191.6 303% Rate (Rs.) Rate (%)
29th April-16 WALCHAND PEOPLE 106 145 212 100%
5th May-15 VIPPY SPINPRO 20 25-31 61.4 207%
3rd May-16 IOL CHEM 103 150- 250 156 51%
8th May-15 CONART ENG 22 30-32 64.4 193%
5th May-16 INDIG O 1075 1200 1347 25%
15th May-15 MANALI PETRO 16.5 21-30 49.4 199%
6th May-16 PPAP AUTO 144 175- 200 454 215%
22nd May-15 SUZL ON 25 32-45 28 12%
13th May-16 HP COTTON 53 75 58 9%
26th May-15 GOLDIAM INT 28 38 99.7 256%
16th May-16 GANDHI SPE TUBE 235 300 375 60%
28th May-15 PONDY OXIDE 75 82 779 939% 16th May-16 BAJAJ ELE 233 265 428.5 84%
9th June-15 INDUS BANK 810 880 1804 123% 19th May-16 ITD CEMENT 127 175 194 53%
18th June-15 KEI IND 63 90 372 490% 19th May-16 ASM TECHNO 195 220 203 4%
18th June-15 VRL LOGI 305 335- 350 479 57% 27th May-16 KUSHAL TRADE 145 175- 225 611.1 321%
18th June-15 KALPATARU POWER 241 270 405 68% 3rd June-16 J M FIN 47 56-59-65 191.6 308%
18th June-15 SUPRAJIT ENG 128 150 338 164% 9th June-16 BAJAJ ELE 232 300 428.5 85%
26th June-15 IBULLS HOUSING 620 675- 900 1374 122% 20th June-16 GAEL 58 75-85 185 219%
2nd July-15 MRPL 76.5 85-105 143.55 88% 24th June-16 IOL CHEM 136 175- 275 156 15%
13th July-15 FSL 33.25 40-55 54 62% 1st July 16 IL&FS TRANS 78.5 95-105 124.8 59%
14th July-15 JAIN IRRIGATION 75 95-125 120 60% 7th Junly 16 NE TWORK18 45.5 64-71 59.3 30%
28th July-15 BAJAJ FINANCE 222 275 1985.9 795% 15th July 16 SARDA ENERGY 141 180- 200 518.4 268%
31st July-15 JINDAL SAW 78 95-125 128.3 64% 22nd July 16 AARTI IND 553 620- 625 1040 88%
3rd Aug-15 HFCL 15 20-35 35.95 140% 28th July 16 MAGMA FIN 106 135- 140 189.85 79%
5th Aug-15 SUBE X 16.5 18.5- 22 18.35 11% 3rd Aug 16 GARWARE WALL 453 535- 540 994 119%
17th Aug-15 J M FIN 52.5 60 191.6 265% 5th Aug 16 ION EXCHANGE 327 445- 450 638 95%
12th Aug 16 IOL CHEM 137 175- 275 156 14%
11th Sep-15 NAVKAR CORP 166 185- 190 247 49%
18th Aug 16 SAMBANDAM SPI 113 130- 140 163.5 45%
11th Sep-15 ECLERX SERVICES 1425 1600 1784 25%
22nd Aug 16 SUBE X 12.65 16.5-18.4 13.5 7%
11th Sep-15 KSCL 457 530- 550 708 55%
31st Aug 16 IDFC 58.25 70 71.3 22%
24th Sep-15 GHCL 142 165- 200 299 111%
8th Sep 16 IRB INFRA 242 270- 285 272.65 13%
6th Oct-15 CHENNAI PETRO 238 275- 350 480.5 102%
8th Sep 16 TALBROS ENG 238 255- 260 824 246%
7th Oct-15 HFCL 16.7 20-25 35.95 115%
16th Sep 16 NOCIL 68 85 193.5 185%
12th Oct-15 ARSS INFRA 36.5 50-54 114 212%
21st Sep 16 CONART ENG 40 48 64.9 62%
14th Oct-15 ASHOK LEYLAND 94.25 105- 110 133.9 42% 23rd Sep 16 KEI IND 120.5 140- 170 372 209%
4th Nov-15 LLOYD ELE 274 315- 350 340 24% 29th Sep 16 DYNAMIC IND 60 70-75 109.85 83%
16th Nov-15 TANLA SOL 36.5 50 66.45 82% 29th Sep 16 GSFC 77 101 162.7 111%
21st Nov-15 PRIMA PLAST 83 100- 125 315 280% 5th Oct 16 MAGMA FIN 116 140 189.85 64%
26th Nov-15 PRATIBHA IND 45 55 51 13% 19th Oct 16 JINDAL POLY 429 460- 490 477 11%
16th Dec-15 COMPETE NT 140 185- 190 260 86% 25th Oct 16 A2Z INFRA 40.75 50 52.65 29%
21st Dec-15 SUN PHARMA 750 1000 899 20% 30th Oct 16 JENBRUKT PHARMA 482 700 572.5 19%
8th Jan-16 ASM TECHNO 195 230- 300 220 13% 30th Oct 16 ADVANCED ENZ 2125 2700 2375.5 12%
15th Jan-16 TYCHE IND 50 72 STOP LOSS 4th Nov 16 MAFATLAL IND 443 425- 500 STOP LOSS
27th Jan-16 ASHOKA BUILD 192 230 STOP LOSS 4th Nov 16 ABC BEARINGS 174 210- 250 450 159%
5th Feb-16 SWISS GLASS 118 150 227 92% 2nd Dec 16 MRPL 100 119-138- 149 146.7 47%
19th Feb-16 ELEGANT MARBLE 95 125 195.95 106% 9th Dec 16 SONATA SOFT 164 195 224 37%
3rd March-16 SHIVALIK BI 11 27-35 95 764% 16th Dec 16 INDIA GLYCOL 137 180- 200 412 201%
8th March-16 SUDARSHAN CHE 86 115 459 434% 30th Dec 16 MADHAV MARBLE 59 64-66 79.5 35%
21st March-16 J K TYRE 83 105- 135 186.3 124% 30th Dec 16 ORIENT BEVERAGES 160 170- 172 186.5 17%
4th Jan 17 RAIN IND 56.5 70 319 465%
21st March-16 NHPC 21.85 27-32 34.5 58%
5th Jan 17 MAGNGALORE CHEM 48.2 55-60 84.4 75%
8th April-16 SUBE X 10.1 13.75-16.5 14.25 41%
6th Jan 17 INDO RAMA 34.25 36-37 42.6 24%
13th April-16 CAREER POINT 118 135- 175 166.7 41%
11th Jan 17 TRIDE NT 62.5 75-100 109.5 75%
13th April-16 KLRF 58 75-110 122 110%
13th Jan 17 PITTI LAMINATIONS 60 63-65 75 25%
26th April-16 BENGAL TEA 50 60-65 63.5 27%
20th Jan 17 SUPER CROP SAFE 136 225 180 32%
Financial Weekly

INVESTMENT
(2)
Date Stock Reco. Target Achi eved Return Date Stock Reco. Target Achieved Return
Rate (Rs.) Rate (%) Rate (Rs.) Rate (%)
27th Jan 17 IHTL 192 202 202 5% 30th June-17 PRIME URBAN 31.5 34-35 38.35 22%
2nd Feb 17 SUBE X 10.6 13-14 12.35 17% 4th July-17 PRIYA LTD 102 112- 140 117.5 15%
6th Feb 17 BGR ENERGY 138.5 175 183.4 32% 7th July-17 SUNFLAG IRON 41 51-55 87.8 114%
6th Feb 17 LAURUS LAB 538 625 640 19% 17th July-17 ORIENT BEVERAGES 175 181- 185 186.4 7%
14th Feb 17 AT LANTA 83 105 120.45 45% 18th July-17 ORIENT BEVERAGES 179 191- 195 STOP LOSS
16th Feb 17 PITTI LAMINATIONS 62 72-75 75 21% 24th July-17 TWL 121.5 155- 160 STOP LOSS
16th Feb 17 EON ELECTRIC 63.5 85-90 137.5 117% 28th July-17 REMSONS IND 82 110- 115 89.6 9%
28th Feb 17 KWAL IT Y 157 175- 185 167.95 7% 3rd August-17 NTC Ind 61 75-80 72.5 19%
1st March-17 SPARC 339 370- 385 446 32% 11th August-17 AGRITECH INDIA 59 - 149 153%
2nd March-17 KOPRAN 71 83-95 102.45 44% 11th August-17 E COPL AST 112 - STOP LOSS
8th March-17 AJMERA REALTY 197 250- 260 297.8 51% 11th August-17 BIMETAL BEARING 460 - 561.3 22%
10th March-17 CORDS CABLE 81.5 84-86 145 78% 18th August-17 PUDUMJEE IND 15 - STOP LOSS
15th March-17 ADANI ENTER 99.5 115- 120 160.7 62% 22nd Aug. SPARC 410 550 446 9%
17th March-17 GUJ THEMIS 48 53-55 55.5 16% 24th August-17 PATSPIN 27.5 31-33 30.3 10%
17th March-17 SHILCHAR TECHNO 380 450- 525 524.9 38% 29th August-17 BNR UDYOG 59.5 65 STOP LOSS
20th March-17 ELECTROSTEEL CAST 29.5 37-40 40.65 38% 30th August-17 NMDC 126.5 150 138.5 9%
24th March-17 ONWARD TECH 74.5 78-80 170 128% 30th August-17 J M FIN 128 150 191.6 50%
24th March-17 AVT NATURAL 37 39.5- 41 50.75 37% 1st Sep-17 VASWANI IND 15.5 17.5- 18 24.6 59%
29th March-17 SANKHYA INFO 58.5 70-75 69.7 19% 7th Sep-17 INDBANK MERCHANT 21.5 25-27 26.9 25%
31st March-17 MOLD-T EK 53.5 55-56 59.9 12% 14th Sep-17 COMPUCOM SOFT 17 20-21 19.4 14%
5th April-17 MTNL 25.75 31-35 27.1 5% 20th Sep-17 ORIENT CEM 162 190 182 12%
6th April-17 SARDA ENERGY 258 300 518.4 101% 22nd Sep-17 AKAR TOOLS 108 113- 115 117 8%
13th April-17 WEIZMANN 524 560- 570 1125 115% 27th Sep-17 PUDUMJEE PULP 26.85 29.5 28.5 6%
20th April-17 COMPUCOM SOFT 17.5 19.5-20.5 SL 28th Sep-17 SANGHI IND 98 125 137.2 40%
21st April-17 ALEMBIC 46.7 55-61 51.7 11% 3rd Oct-17 DHARNI SUGAR 32 35.5 39.75 24%
28th April-17 REL INFRA 595 700 SL 6th Oct-17 PDMJE PAPER 31 38-40 34.1 10%
28th April-17 DAMODAR IND 95 100 144 52% 13th Oct-17 BHAGYNAGAR 33 38-40 39.4 19%
2nd May-17 VIPPY SPINPRO 50 55-56 SL 19th Oct-17 W H BRADY 235 325- 350 288.9 23%
2nd May-17 DEEP IND 326 400 SL 23rd Oct-17 W H BRADY 255 325- 350 288.9 13%
15th May-17 TALBROS AUTO 175 210 224.7 28% 24th Oct-17 GSFC 147 170- 175 162.7 11%
2nd June-17 TATA GLOBAL 156 175- 180 231.25 48% 24th Oct-17 SPIC 42.5 50-53 48.5 14%
2nd June-17 PITTI LAMINATIONS 58.5 63-65 75 28% 25th Oct-17 DHARNI SUGAR 36 41-43 39.75 10%
15th June-17 ACE 69.5 81-87 95.3 37% 31st Oct-17 SURANA T & P 7.5 9- 10.5 9.3 24%
22nd June-17 MANAPPURAM 97.5 107- 130 112.55 15% 1st Nov-17 MANGALORE CHEM 78 90-95 81.6 5%
Financial Weekly

INVESTMENT
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Nifty Overview : In Last Trading Session, Nifty closed at 10660. Nifty is in