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Only Financial Weekly Published in English & Gujarati Page
45
GAMC No. :1703/2015-17. Issued by SSP Ahd. Valid up to 31-12-2017

VOL : 9 • Issue No: 27 RNI No : GUJENG / 2008 / 24320 21st Aug. 2016 to 27th Aug. 2016
○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○
FII Activity (Rs. Cr.)

Date Buy Value Sell Value Net Value
15/08/2016 Holiday — —
16/08/2016 7238.07 6553.34 684.73
17/08/2016 4033.12 4033.07 0.05
18/08/2016 4239.15 4076.98 162.17
19/08/2016 4275.47 3865.53 409.94
Total 19785.81 18528.92 1256.89
DII Activity (Rs. Cr.)

15/08/2016 Holiday
16/08/2016 1714.96 1823.94 -108.98
17/08/2016 1647.46 1736.83 -89.37
18/08/2016 2261.31 2275.73 -14.42
19/08/2016 2088.81 1982.62 106.19
Total 7712.54 7819.12 -106.58
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INVESTMENT
21st August 2016 to 27th August 2016 3
- Parag Salot
Technical Trading Trends (SEBI Registered Research Analyst)
M. : 91-9930011789
Nifty Overview : In Last Trading Session, Nifty closed at 8680 levels. Nifty tried to cross multiple times but
failed. Nifty important level is 8700. If Nifty crosses 8700 and sustains then expect Nifty to touch 8800/8900.
Bank Nifty Overview : In Last Trading Session, Bank Nifty closed at 19427. In our last article, we had told
to buy Bank Nifty above 19025 and it touched our target of 19400. Now buy Bank Nifty at dip at ard 19200 for
Targets 19400/19600.
Last Recommendation Review

Scrip Name BSE Buy/ Enter Did High/ Remark
Code Sell at Low
Crompton Gr. 500093 Buy 80 90 Target Achieved
Jindal Steel 532286 Buy 80 89 Target Achieved
Jain Irrigation 500219 Buy 74 83 Target Achieved
NMDC 526371 Buy 100 109 Target Achieved
Trading Buy
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Amaraja Battery 500008 925 915/925 940 960 900
Bank of India 532149 112 105/112 125 150 98
BHEL 500103 142 138/140 150 160 130
Crompton Greaves 500093 87 82/86 92 100 75
Glenmark 532296 865 855/865 880 900 840
HDFC Bank 500180 1248 1240 1255 1270 1225
HUL 500696 914 905/915 930 945 890
IDBI 500116 71 68/71 78 85 65
SAIL 500113 49 46/48 54 57 43
TCS 532540 2612 2600/2610 2650 2700 2580
Trading Sell
Scrip Name BSE Last Enter at 1st 2nd Stop
Code Close Between Tgt. Tgt. Loss
Biocon 532523 850 860/870 850 830 885
IOC 530965 566 575/585 560 540 599
JSW Steel 500228 1789 1810/1830 1790 1750 1850
Tata Chem 500770 545 555/565 540 520 580
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
SMART
INVESTMENT
BUY OF THE WEEK
Potential to be a midcap pharma company
IOL Chemicals & Pharma
(524164 & NSE) (Rs. 140.00) (F.V. Rs 10)
Last time on 9th May 2016, we had recom-
mended this stock at Rs.109. After our recommen-
dation it zoomed to Rs.154 levels and now trading
around Rs.140 levels. Company was established
in 1986, IOLCP is India's one of the leading generic
pharmaceutical company, and is significant player
in the Organic chemicals space. IOLCP has wide
presence across various therapeutic categories like,
Pain Management, Anti-diabetic, Anti hypertensive,
Anti Convulsants, etc.
It operates through Chemicals and Pharmaceuticals segments.
* Chemicals Segment
The Chemicals segment offers ethyl acetate, acetic anhydride, acetyl chloride, mono chloro
acetic acid, and iso butyl benzene chemical products for use in flexible packaging, pharmaceuti-
cals, textiles, food processing, pesticides, and paint industries. It is india’s leading ethyl acetate
manufacturer and exported with capacity of 87,000 TPA. It is second largest manufacturer of ISO
BUTYL BENZENE (key starting material for IBUPROFEN) after VINATI ORGANICS (rate of VINATI
ORGANICS Rs.2 face value share is Rs.550).
* Pharmaceuticals Segment
The Drugs segment provides various active pharmaceutical ingredients for use in various thera-
peutic categories, including pain management, anti-diabetic, anti-hypertensive, anti-convulsants,
anti-ulcer, anti-cholesterol, anti-histaminic, anti-fungal, anti-platlet, analgesic, and diuretic. Com-
pany has completed its de-bottlenecking/re-engineering project of its IBUPROFEN plant by which
capacity of IBUPROFEN plant increase to 6200 TPA. It is world’s only largest backward integrated
IBUPROFEN producer with install capacity of 6200 TPA. In india only 2 companies are manufac-
turing IBUPROFEN. One is IOLCP & second is SHASUN CHEM (rate of STRIDE SHASUN Rs.10
face value share is Rs.1110). During FY16, company has received US FDA approval for its
IBUPROFEN manufacturing facility & company is also having approval from WHO & EDQM. With
the recent approval from USFDA, the company is exploring its business in USA.
It has commissioned multipurpose plant in 2014.It has 17MWpower generation plant for captive
SMART
INVESTMENT
consumption with adequate backups for trouble free operations.
After Q4FY16, company has posted turn-around numbers in second straight quarter. During
Q1FY17, IOLCP’s revenue rose 18% to Rs.162.25crore against Rs.137.23crore during the previ-
ous quarter ended June 2016. Q1FY17, EBITDA stood at Rs.26crore against Rs.2crore. It has
reported net profit of Rs.0.73crore in Q1FY17 as against loss of Rs.17.94crore which indicates
that its bottom line has improved substantially.
Company has announced that it is in process of adding new high margin pharma products in
near future which will add value to exiting portfolio and enabling to broaden its global market. It is
already exports its products more than 56 countries. Company can post bumper numbers in FY17.
In 2009, AJANTA PHARMA was traded at just Rs.9, today trading at Rs.1950, NATCO PHARMA
was Traded at just Rs.8, today trading at Rs.640, GRANULES was traded at just Rs.3, today
trading at Rs.135. Company is having USFDA & going to launch high margin health maintenance
segment products in near future which will generate huge revenue & profit for this company and
stock can give multi-bagger returns in next 12-24-36 months.
We are highly bullish on this stock & expecting stock can become real
dark horse. We strongly recommend to buy this stock in bulk with stop
loss of Rs.110. On the upper side stock will zoom up to Rs.175---275---350
levels in next 12-15 months.
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INVESTMENT
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BUY.... BUY....BUY TIPS OF THE WEEK

Co. Name Code Price Co. Name Code Price
Magma Fin. 524000 103.00 HPCL 500104 1239.00
Federal Bk. 500469 66.00 Jagran Prakash 532705 184.00
Chamanlal Set. 530307 64.00 HSIL 500187 344.00
Ganesha Eco. 514167 210.00 Tata Chemical 500770 544.00
Kesoram Ind. 502937 138.00 TPL Plastech 526582 484.00
Delta Corp. 532848 147.00 AlphaGeo 526397 837.00
Nutraplus 524764 87.00 Repco Home 535322 829.00
VEDL 500295 179.00 Tata Sponge 513010 616.00
PFC 532810 237.00 Zydus Wellness 531335 857.00
Adani Port 532921 273.00 8K Miles 512161 2004.00
Shalimar Paints 509874 195.00 Alembic Ph. 533573 646.00
Engg. India 532178 235.00 AIA Engg. 532683 1270.00
MOIL 533286 254.00 Suprajit Engg. 532509 197.00
AllCargo Log. 532749 190.00 Dalmia Bharat 533309 1430.00
Rajesh Exports 531500 434.00 Escorts 500495 304.00
SMART
INVESTMENT
SMART
INVESTMENT
Corporate Meeting from 22nd August to 26th August
BSE Code ................... Company name ........................................................................................... Agenda ....................................................................... Date
532749 ................ ALLCARGO LOGISTICS ..................................................... Quarterly Results ....................................... 22-Aug-16
505230 ................ CIMMCO LTD. ......................................................................... General ............................................... 22-Aug-16
500183 ................ HFCL ................................................................................ Quarterly Results ....................................... 22-Aug-16
513599 ................ HINDUSTAN COPPER ....................................................... Quarterly Results ....................................... 22-Aug-16
500104 ................ HPCL ............................................................................... Quarterly Results ....................................... 22-Aug-16
532624 ................ JINDAL PHOTO LTD. ........................................................ Quarterly Results ....................................... 22-Aug-16
536773 ................ Jindal Poly ....................................................................... Quarterly Results ....................................... 22-Aug-16
539788 ................ Khemani Distributors ............................................................. General ............................................... 22-Aug-16
539595 ................ Natco Economicals Ltd ............................................................ General ............................................... 22-Aug-16
532555 ................ NTPC LTD. ....................................................................... Quarterly Results ....................................... 22-Aug-16
532670 ................ SHREE RENUKA SUGARS ................................................. Quarterly Results ....................................... 22-Aug-16
500402 ................ SPML Infra Limited ............................................................ Audited Results ......................................... 22-Aug-16
539217 ................ Srestha Finvest Ltd .................................................................. General ............................................... 22-Aug-16
507815 ................ GILLETTE INDIA LTD. ................................................. Audited Results Dividend ................................. 23-Aug-16
509073 ................ HATHWAY BHAWANI ....................................................... Quarterly Results ....................................... 23-Aug-16
521016 ................ INDO COUNT .................................................................. Quarterly Results ....................................... 23-Aug-16
512237 ................ JAI CORP LTD. .................................................................. Quarterly Results ....................................... 23-Aug-16
500227 ................ JINDAL POLY FILMS ................................................................. General ............................................... 23-Aug-16
539226 ................ M.D. Inducto Cast Ltd ............................................................. General ............................................... 23-Aug-16
532649 ................ NECTAR LIFESCIENCES .................................................... Quarterly Results ....................................... 23-Aug-16
524764 ................ Nutraplus India Limited ............................................. Bonus issue Stock Split .................................. 23-Aug-16
500400 ................ TATA POWER CO.LTD. ...................................................... Quarterly Results ....................................... 23-Aug-16
512175 ................ VAMA INDUSTRIES LTD. ....................................................... Stock Split ............................................. 23-Aug-16
531950 ................ VERTEX SECURITIES LTD. ......................................................... General ............................................... 23-Aug-16
538598 ................ Vishal Fabrics Ltd .......................................................... Right Issue of Equity ..................................... 23-Aug-16
512161 ................ 8K MILES .................................................................... Bonus issue Stock Split ................................... 24-Aug-16
533154 ................ Infinite Computer ........................................................... Quarterly Results ....................................... 24-Aug-16
533169 ................ MAN Infra ....................................................................... Quarterly Results ....................................... 24-Aug-16
511688 ................ MATHEW EASOW ................................................................... General ............................................... 24-Aug-16
539126 ................ MEP Infrastructure ................................................................. General ............................................... 24-Aug-16
531357 ................ MERCURY METALS .................................................................. General ............................................... 24-Aug-16
513023 ................ NAVA BHARAT Ven. ......................................................... Quarterly Results ....................................... 24-Aug-16
531962 ................ SHREE METALLOYS LTD. .......................................................... General ............................................... 24-Aug-16
540048 ................ S.P. Apparels Ltd ............................................................. Quarterly Results ....................................... 24-Aug-16
500414 ................ TIMEX GROUP INDIA .............................................................. General ............................................... 24-Aug-16
524752 ................ COMBAT DRUGS LTD. .............................................................. General ............................................... 25-Aug-16
526504 ................ DOLPHIN MEDICAL ................................................................. General ............................................... 25-Aug-16
532959 ................ GAMMON Infra .............................................................. Quarterly Results ....................................... 25-Aug-16
519191 ................ JOLLY MERCHANDISE ........................................................ Audited Results ......................................... 25-Aug-16
513250 ................ JYOTI STRUCTURES LTD. .................................................. Quarterly Results ....................................... 25-Aug-16
537573 ................ Polymac Thermoformers ................................................ Quarterly Results ....................................... 25-Aug-16
511016 ................ PREMIER CAPITAL ................................................................... General ............................................... 25-Aug-16
539392 ................ Sang Froid Labs ............................................................... Quarterly Results ....................................... 25-Aug-16
514412 ................ SARUP INDUSTRIES ................................................................. General ............................................... 25-Aug-16
500488 ................ ABBOTT INDIA LTD. ......................................................... Quarterly Results ....................................... 26-Aug-16
500940 ................ FINOLEX INDUSTRIES ...................................................... Quarterly Results ....................................... 26-Aug-16
532015 ................ GRAVITY (INDIA) LTD. ............................................................. General ............................................... 26-Aug-16
506943 ................ J.B.CHEMICALS ................................................................ Quarterly Results ....................................... 26-Aug-16
514034 ................ JBF INDUSTRIES LTD. ....................................................... Quarterly Results ....................................... 26-Aug-16
524654 ................ NATURAL CAPSULES LTD. ........................................ Preferential Issue of shares ................................ 26-Aug-16
500459 ................ PROCTER & GAMBLE H ............................................. Audited Results Dividend ................................. 26-Aug-16
514402 ................ SHARAD FIBRES & YARN ......................................................... General ............................................... 26-Aug-16
530549 ................ SHILPA MEDICARE LTD. ................................................... Quarterly Results ....................................... 26-Aug-16
531190 ................ Tavernier Resources Limi ........................................................ General ............................................... 26-Aug-16
532356 ................ TRIVENI ENGINEERING ................................................... Quarterly Results ....................................... 26-Aug-16
511096 ................ TIVOLI CONSTRUCTION LTD. ................................................... General ............................................... 26-Aug-16
509046 ................ LEENA CONSULTANCY LTD. ..................................................... General ............................................... 26-Aug-16
SMART
INVESTMENT
Subramanian Mahadevan
Stock Buzz dolphincapital@gmail.com
Omkar Speciality Chemicals Limited (Rs.163.00)

Prized Chemical!
Omkar Speciality Chemicals Limited (OSCL) - is a Thane, Maharashtra based company mainly
engaged in the manufacture and sale of specialty chemicals and intermediates for chemical and
allied industries with 9 manufacturing units in Maharashtra - 5 units in Badlapur (Thane), 3 units in
Chiplun (Ratnagiri) and one unit in Mahad (Raigad) - with a total volumetric installed capacity of
4920 MTPA. OSCL's product profile includes Iodine Compounds, Selenium Compounds, Interme-
diates, Resolving Agents and others and APIs which comprises of more than 200 products having
applications in Pharmaceutical, Poultry, Veterinary, Perfumery, Glass & Ceramics, Speciality Coat-
ings and Electronics & Digital Technology and exporting to more than 38 countries. OSCL came
with an IPO in the year 2011 at a premium of Rs. 88 per share with a total issue size of Rs. 79.38
crore. Promoters recently pared their personal holdings to pay off some debt to improve the finan-
cial position as total debt stood at 206 crore (FY16). OSCL received environment clearance for its
new facility to manufacture veterinary API and operation is set to commence from Q3FY17. On
the back of these new developments, the company has set a target of Rs 620 crore revenue and
profit after tax (PAT) of Rs 60 crore in the 2016-17 financial year. Buy on every decline as OSCL
is one of the cheapest speciality chemical company for good dividend and excellent double digit
returns.
JBM Auto Limited (Rs 145.00)

Comfortable Ride!
JBM Auto Limited(JBM) - is a New Delhi based company belonging to $1.2 billion JBM Group -
India's premium diversified conglomerate with 35 manufacturing plants, 5 Engineering & Design
Centers across 19 locations worldwide, 16,000 employees, servicing world renowned global auto-
motive majors and globally recognized for setting new benchmarks in manufacturing automobile
products and sub -systems, steel fabrication, construction, engineering and design through exten-
sive use of innovation and technology. It operates in three segments: Sheet Metal Division (manu-
facturing sheet metal components, assemblies, and sub-assemblies), Tool Room Division (tools,
dies and molds) and Special Purpose Vehicle (SPV) division. JBM products are widely used in
two-wheelers, cars, tractors, trucks and white goods industries with marquee clients. Now JBM
ventured to become a full-fledged bus manufacturing hoping to garner 2000 crore from bus divi-
sion alone in the next 4 years besides its core auto components business. 'CityLife' - an indig-
enous intra-city bus rolled out last year through technological partnership with European bus
maker BredaMenarininbus (BMB), available in both diesel and CNG variants gaining good traction
besides heavy competion from home grown giants Ashok Leyland and Tata Motors. Further to
enhance its presence, JBM forged a joint venture recently with Polish firm Solaris Bus & Coach
S.A. to manufacture electric buses branded as 'ECOLIFE' in the country at an investment of 300
crore. On a tiny equity of 20.4 crore with free reserves of 323.27 crore JBM closed FY16 with 1517
crore of topline and PAT of 52.38 crore. Given its track record of bonus, dividend history and
visionary management, JBM Autois available at attractive valuations for multi-bagger returns.
SMART
INVESTMENT
PVR Ltd (Rs. 1225.00)
Unexciting Cinema!
PVR Ltd (PVR) - is a Gurgaon based company, a pioneer in multiplex development in India and
the largest cinema exhibition player in the countrytoday generating revenues through a mix of
ticket collections (58%), food & beverages (25%), sponsorship revenues (11%) and others (6%).
Post the acquisition of Cinemax recently, PVR hasbecome India's largest multiplex chain with
more than 102properties, 454 screens and 108k seats. PVR theonly player of this size with a pan
India presence covering 18 states and 48 cities, still expanding aggressively and further extending
its leadership. PVR's key strength includes diversified product offerings, strong location & product
strategy, cutting edge technology (IMAX, DLOBY ATMOS, and 4DX), comfort & convenience and
a strong leader in advertisement revenue space. We strongly feel that PVR has run ahead of
fundamentals on anticipation of GST bill and still trading at rich valuations. It is true that GST could
be the game changer for the exhibition industry in general replacing multiple taxes into one single
tax and +2% impact on margins in ticket sales due to reduction of costly entertainment tax with
GST would get offset with -2% impacts onmargins in food & beverages sales for PVR. Though
company has delivered robust set of numbers for Q1FY17, real benefits of the GST getting re-
flected in the balance sheet is still some quarters away. Book profits and re-enter at lower levels
post some meaningful correction as PVR is trading at P/E of 50+ offering limited upside from here.
- Subramanian Mahadevan
Call : 022-38 110 110

Visit : www.UpStocks.com
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SMART
INVESTMENT
A. K. Asnani
(M) 9893512098
Smart Verc (Bhopal)
Author of Book
Way to Billionaire
Growth Stock Investment Style

I always look for good stock stories in case of growth stocks.
First, and foremost are the results. Without good results I never consider any stock for invest-
ment, not even for inclusion in my'watch list'. If the results are good and story seems convincing
then I commit a small sum may be upto 20% of targeted investment in this stock.
Second, the story should get better and better in the ensuing quarters. If so, I increase my
commitment in phases. PE ratio should also move up with passing years, as this ratio indicates
investor confidence in the performance of the company.
Third, if the story keeps on getting better then I keep on increasing stake (even if required to
acquire at higher rates) unless the weightage of the stock reaches 8%, the maximum.
Now continue to hold as long as story remains good and enjoys the gains. As and when the
stock weightage goes beyond 10% sell part stake so as to bring it back to 8%.
In the whole process never let the PEG (PE to Growth rate) go beyond 1.5 times. PEG above
1.5 means the investor confidence is 50% more than the growth delivered by the company, which
I believe is a state of over-confidence. Thus PEG ratio goes beyond 1.5, sell entire stake and book
profit and concentrate on other stories.
(Note: The above investment style has worked very well for the author, but may or may not work
for all. There is no compulsion to adopt this style.)
- A K Asnani
Speaker, Coach, Stock Advisor
and
Author of the book 'Way

To Billionaire' (English and Gujarati)
Ring : 9893512098, smartasn@gmail.com
SMART
INVESTMENT
Technical News : 22-8-2016 to 26-8-2016
Manu Consultants : Manishkumar - Kolkata
SEBI REG:- RESEARCH ANALYST- INH300002449
Web : www.dallalstreet.org • Mail : manuconsultants@yahoo.co.in
NIFTY FUTURE :- NIFTY FUT SUPPORT AT 8400-8350 AND RESISITANCE

8800-8875
STRATEGY :- BUY NIFTY ON DIPS TILL 8620 SL 8520 TA 8800-75
• STOCKS F&O:-
UPL :- BUY UPL ON DIPS TILL 630 STOPLOSS 620 TA 675-90
RELIANCE :- BUY RELIANCE ON DIPS TILL 1000 STOPLOSS 990 TA

1050-65
RELIANCE CAP :- BUY RCAP ON DIPS TILL 455 STOPLOSS 445 TA 490-
510
JINDAL STEEL :- BUY JINDAL STEEL ON DIPS TILL 82 STOPLOSS 78 TA

94-100
• SELL STOCKS
IBULL REAL :- SELL IBULL REAL ON RISE TILL 88 STOPLOSS 92 TA 78-

74
JUST DIAL :- SELL JUST DIAL ON RISE TILL 480 STOPLOSS 494 TA 450-
35
DELIVERY STOCKS :- BUY SAKTHI FIN SL 35 TA 65-80
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.
SMART
INVESTMENT
Nifty & Sensex Movement during the last week
NSE - Nifty Open High Low Close Diff
NSE - Nifty Open High Low Close Diff
15-Aug Independence Day Holiday NA
16-Aug-16 8670.25 8682.35 8600.45 8642.55 -29.6
17-Aug-16 8639.8 8667.1 8603.6 8624.05 -18.5
18-Aug-16 8648.85 8690.7 8645.05 8673.25 49.2
19-Aug-16 8694.3 8696.6 8647.1 8666.9 -6.35
Net Weekly Loss -5.25
S&P BSE Open High Low Close Diff
15/08/2016Independence Day Holiday NA
16/08/2016 28,190.04 28,199.10 27,942.65 28,064.61 -87.79
17/08/2016 28,061.79 28,174.30 27,960.14 28,005.37 -59.24
18/08/2016 28,077.64 28,214.17 28,077.00 28,123.44 118.07
19/08/2016 28,167.66 28,212.30 28,026.12 28,077.00 -46.44
Net Weekly Loss -75.40
Buy... Buy... Buy on Dips Hold Sell on High

Fiem Ind. 1052.00 Strides Shasun 987.00
NCC 85.00 Ambuja Cement 276.00
Hero Moto 3359.00 Usher Agro 13.00
Orient Refracto. 97.00 Bank of Baroda 161.00
SBI 258.00 Titan 401.00
Kalyani Steel 375.00 Voltas 381.00
Sun Pharma 782.00 TCS 2630.00
Bhushan Steel 43.00 Phoenix Lamp 149.00
CIPLA 555.00 Marksans Ph. 41.00
Sybly Ind. 13.00 Fortis HC 187.00
La-Opala 581.00 BGR Energy 114.00
Tata Power 78.00 Taj GVK 147.00
Divis Lab. 1303.00 Opto Circuits 11.00
Uttam Galva 33.00 Jyothy Labs. 283.00
KNR Const. 697.00 Rajshree Sugar 50.00
Bank of India 113.00 Huhtamaki PPL 280.00
Lumax Ind. 677.00 EMCO Ltd. 28.00
Indian Bank 228.00 Petronet LNG 353.00
M&M 1453.00 State Bank of My. 546.00
NRB Bearings 119.00 ITD Cementaion 142.00
SMART
INVESTMENT
Jatin Sanghavi
Market Scan (Mumbai)
(M) 098205 26455
jatinsanghavi100@yahoo.com
Mid-Caps to outperform
Range Breakout in Coming Week :- Both Sensex and Nifty continued to trade in a very tight
range but the broader market outperformed both these indices handsomely. In fact, the Mid-Cap
index broke out of the trading range and is progressing upwards. The Nifty on the other hand has
been in a small trading range of 250 points (8728-8476) for more than six weeks now and as per the
Principle of Volatility, one can expect a breakout (bias remains positive) in this trading range in the
near future, possibly as early as next week.
Technically Speaking :- Sensex opened the week at 28190, made a high of 28214, low of
27942 and closed the week at 28077. Thus it closed the week with a loss of 75 points. At the same
time the Nifty opened the week at 8670, made a high of 8696, low of 8600 and closed the week at
8666. Thus the Nifty closed the week with a minor loss of 6 points.
On the daily charts, both Sensex and Nifty have formed a small black body candle which has
been formed in sideways consolidation and has little significance. On the weekly charts, both Sensex
and Nifty have formed a Doji which is a neutral formation. Interestingly, last three weeks can be
considered almost like a Tri-Star formation. In this case, it is a bearish formation which will require
confirmation in the form of a bearish candle next week. Thus daily and weekly candlestick study
does not give a very clear conclusion. This is the sixth week, that both the indices continued to trade
in a range of Sensex 28289-27627 and Nifty 8728 - 8476. On the lower side, the trading range is
supported by the Bullish Gap between Sensex 27667-27647 and Nifty 8479-8475. This Gap acted
as a strong support for four times and hence it becomes a very critical Support in the near term. If
the range is broken on the upper side, expect the Flag pattern target (Nifty 8869) immediately and
then towards the life time highs.
This Weeks Recommendations Last Weeks Recommondation

Stocks Reco.Price TGT Reached Lot Size Profit
Rec. Name CMP SL TGT-1 TGT-2 Buy YesBk 1290 1328 1339 700 34,300
Buy Tata Comm 504 495 519 535 Buy CESC 639 662 664 1100 27,500
Buy Cairn India 211 205 220 230 Buy LIC Hsg. 554 574 563 1100 9,900
Buy Allahabad Bk. 79 77 83 87 Buy SBI 243 254 260 3000 51,000
Buy TataPower 78 76 82 86 Buy AdaniPort 258 269 278 2500 50,000
Buy SaiL 49 47 53 57 Total 1,72,700
:::: INDEX LEVELS ::::

S3 S2 S1 Close R1 R2 R3
NIFTY 8398 8476 8584 8666 8788 8891 8996
SENSEX 27060 27358 27697 28077 28417 28822 29183
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INVESTMENT
On a higher timeframe a very strong Support exists in the form of Bullish Weekly Gap between
Sensex 27358-27294 and Nifty 8407-8398. This Weekly Bullish Gap is also a Measuring Gap and
the target for which falls at Sensex - 28741 and Nifty - 8833.
As the Sensex and Nifty continue to remain above their critical 61.8% Retracement level (Sensex
- 27148 and Nifty 8243) of the entire fall from Sensex 30024 to 22494 and Nifty 9119 to 6825. This
marks the end of Correction phase and is now signalling a move towards testing life highs of Sensex
30024 and Nifty 9119.
Both the indices completed a Bullish Flag pattern and the target for the pattern falls at Sensex -
28859 and Nifty - 8869. Both the targets will be achieved as long as Sensex remains above 27034
and Nifty above 8287.
MACD continues in Sell mode despite being in positive zone. Price ROC has just turned positive
and has signalled a Buy. RSI (56) suggests bullish momentum. Stochastic Oscillator %K (64) is
above %D and hence continues in Buy mode. ADX has dropped to 23 which suggest that Uptrend
is still intact. Directional Indicators continue in Buy mode as +DI is above -DI. MFI (35) suggests
Negative Money Flow. Thus Oscillators are projecting a mixed picture in the near term, with no
clear bias. This week again, both the indices tested the short term average of 20dma (Sensex -
27998 and Nifty - 8628) but managed to hold and close above it. Both the indices continue to
remain well above the medium term average of 50dma (Sensex - 27453 and Nifty - 8436) and even
the long term average of 200dma (Sensex - 25799 and Nifty - 7875). Thus the trend in the short
term, medium term and even the long term timeframe continues to remain Bullish.
Options data for August series indicate highest Call Open Interest build-up at the strike of 8800
and highest Put build-up at 8500. Thus Options data suggests a trading range with resistance
coming in at 8800 and support at 8500.
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INVESTMENT
Terrific Shots - Dilip K. Shah
Lumax Ind. (Rs.677.00) (Code:517206) :- It is one of the

leading auto ancillary manufacturers of the country. It manufactures
head lamp, tail lamp and other lamps along with bulbs. It has 09 manu-
facturing plants and boasts of 60% share in auto lighting sector. In the first quarter of FY2017, the
company's sales decreased from Rs318.01 crore to Rs303.53 crore, while profit increased from
Rs13.27 crore to Rs13.31 crore with EPS of Rs14.24. The company pays good dividend. It paid
120% dividend in FY2016. It may give good return in long term, so consider for including it in
portfolio in phased manner.
Mahindra and Mahindra (Rs.1453.00) (Code:500520)
:- the company is active in cars and utility vehicle manufacturing seg-
ment along with tractor manufacturing. Economic recovery in rural sec-
tor because of good monsoon got reflected in the company's June quar-
ter results. Tractor business EBITDA margins increased by 1.17% at 18.8%. The company also
improved volume guides by 10% at 16-17%. M&M's tractor business accounts for 33% share in
income and 66% share in operating profit. In June quarter, the company clocked profit of Rs955.21
crore on income of Rs11348.62 crore with EPS of 16.12.
Hero Moto Corp (Rs.3359.00) (Code:500182) :- Munjal Group

company is active in two and three wheelers segment. It is the biggest motor-
cycle manufacturer in India. The company has started a first manufacturing unit
outside India at Villa Rica in Columbia. The debt free company witnessed 7%
growth in rural market in June quarter. The average realization has improved by
0.3% at Rs41763 per vehicle. Despite higher input cost, the company's effec-
tive margins has improved by 1.56% at 16.6%. Implementation of 7th pay com-
mission and good monsoon will boost the demand for the company's products. The stock may
cross 52 week high in medium to long term.
Allcargo Logistics (Rs.191.00)
(Code:532749) :- It has given good return in last
three years. It issued bonus in ratio of 1:1 in Decem-
ber 2015. In FY2016, the company's income in-
creased from Rs5628.80 crore to Rs5687.94 crore,
while profit increased from Rs239.89 crore to
Rs278.26 crore. It is going to declare its June quar-
ter results on August 22. It has strong presence abroad through its subsidiaries. Lower crude
prices as well as nod to GST bill will help the company to perform better in future. So it can be
bought in phased manner.
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
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INVESTMENT
By Talaksi Gosar
Chart Buster (Mumbai)
Sensex ends three-week-long rally on global cues

Absence of fresh bullish trigger to curtail scope of seasonal buoyancy
The much awaited and the most debated GST Bill, also belived to be a bullish trigger for the
stock markets, was cleared by both the houses of the Indian Parliament in the past couple of
weeks and three of the Indian state assemblies also ratified it in the last week but none of the
events could inspire stock markets to rise the way they were expected to, over the passage of
GST Bill. The markets last week continued to remain vulnerable to dance to the tunes of the global
peers, and the global stock markets mostly performed bearish, and therefore, the Indian ones
closed down too, registering the first lower weekly close in four.
The corporate numbers season, after reaching its peak a week ago, is heading towards setting
down. Most of the companies leading in their respective fields, having already declared their
financial performances for the three month period ended June, failed to provide the markets with
specific direction as the investors were left clueless from fundamental angle too. The monsoon
has been good thus far and is expected to remain good till end of the season but the outcome of
the good monsoon is expected to be available only when the harvest season starts and that would
take yet another couple of months. However, the greatest Indian festival season is fast approach-
ing with the onset of Paryushana Parvas from August 29 and August 30 as per their different
sects, which would be followed by Ganeshotsava and then Navaratra and lastly the festival of
lights, the Diwali. However, for a specific class of people, the festival season this year is going to
start early. This specific class being central government employees and pensioners, would re-
ceive their arrears of around Rs 34000 crore for salary hikes as recommended by the seventh pay
commission, alongwith their August salaries. A plentiful money in the hands of prospective buyers
only means an increased demand for goods which is ultimately going to be reflected on the stock
prices which could go up gradually in the weeks to come.
The markets thus remained directionless in the third week in a raw and is expected to perform
so in the new week too except for a major and unexpected event happening. However, inspite of
a fall of 75 points in the BSE Sensex, the benchmarking indice has not fallen below 28K mark at its
closing this week which indicates that the markets are not bearish by undertone and might stage
a run up if a bullish trigger is available in the days to come. This also suggests that in absence of
a bullish trigger, the markets might remain dull for some more time but not fall substantially. In
other words, the markets are headed towards a time correction, a condition where prices fluctuate
bothways and narrowly but not move up or down significantly untill a fresh trigger is available.
Such a directionless conditions may prolong for a couple of weeks which could provide a golden
opportunity for picking up future winners from among the select NBFC, banking, pharma and mid-
cap companies, for holding them for at least a couple of years from now.
The government has clamped down heavily on sugar hoarders and imposed a few restrictions
on prices which resulted in a trend reversal in sugar compamny stocks a week ago. In the last
week, however, sugar shares once again showed signs of getting out of the price correction that
was caused due to government actions. There is no denying the fact that sugar production this
year is going to be less world wide and prices of sugar are most likely to spur in the days to come
which would be a boon period for the Indian sugar copmaines, after a prolong bearish period of
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INVESTMENT
over five to six years. Sugar company shares are, therefore, most likely to go up in the months to
come and, therefore, recommended for buying for investment for a time horizon of over two years.
Engineers India Ltd (EIL) (Rs. 235.00) (Code : 532178) (F. V. : 5.00) :-
Engineers India Ltd. (EIL) is a public sector enterprise and is doing well on financial front for the
past many years. The company that makes most of its net profit out of fee based services, distrib-
utes liberally amongst its stakeholders by way of moderately higher dividends and sometimes by
way of issuing bonus shares too. Its share, after bottoming out at Rs 50 in October, 2008, after the
markets crashed post the 2007-08 unprecendented boom in the global stock markets, entered a
fresh bullish phase and scaled to a life-time high of Rs 538 in in May, 2010, and thereby rewarded
its buyers extremely handsomely in less than two years' time. It was this extra-ordinary return that
caused selling in the form of profit-booking and a fall in its market price. Once it started to going
down, the share reached a low of Rs 121.15 only in August, 2013, when most other scrips also fell
to their bottoms prior to entering a fresh bullish phase. The share of EIL then swiftly rose to a high
of Rs 331 by by July, 2014, but there too it faced increased selling and corrected upto as low of Rs
149.90 by March, 2016. But eversince it finally bottomed out at Rs 149.90 in February, the share
is nearly consistently going up and scaled to a high of Rs 238 as on Friday of the last week, before
closing the week at Rs 235.75, a new closing high in the past many months. The sustained uptrend,
cross-over its moving averages by its market price and new closing high in the past many months
make this share a good momentum pick for short-term trading to medium-term investing gains.
Gujarat Minerals Development Corporation (GMDC) (Rs. 86.00) (Code :
532181) (F. V. : 2.00) :- The Gujarat State owned Gujarat Minerals Development Corpora-
tion is a company that is engaged in mining of certain minerals and selling them which it does
nearly consistently profitably. It also enjoyes monopolistic rights over mining of certain specific
minerals in Gujarat. The company has a positive track record of profit and profitability except in
the last few quarters when it suffered small setbacks in its financial performance due to factors
beyond its control and is now seemingly back on track. The company had issued bonus shares in
a ratio of 1:1 in October, 2008, when the markets had fallen from their unprecedented peaks
reached early that year. It was due to the general market crash that its price plunged to a mere Rs
25.10 in December, 2008, from its bull market peak of Rs 316.18. A fresh bull market that followed
took the share up to a high of Rs 222 in November, 2012, but the markets once again truned
bearish taking this share off the rising trend. The share gradually slid to a low of Rs 52.30 in
February, 2016, and since it did not go further down a double bottom pattern was formed on its
chart. The double bottom pattern formed on its monthly chart worked wonders for the scrip as it
went consistentluy up by closing higher almost every successive month. On its daily chart, the
share has been seen going up with added speed and vigour after it crossed all the three moving
averages in June 2016, indicating a possibility of a further rise in price in the days to come and
therefore, it is suggested for buying for long-term investing.
Divi's Laboratories (Rs. 1303.00) (Code : 532488) (F. V. : 2.00) :- Divi's
Laboratories was admitted for trading its shares on the BSE on March 12, 2003. After adjusting its
price for all the bonus share issues that the company made post the listing, it made a debut at Rs
8.06 and slid to a low of Rs 7.70 on the very first day of listing. The share then entered a long
lasting uptrend and continued to rise, though in a zig zag manner, to scale to a life-time high of Rs
1307 on Friday of the last week before closing at Rs 1303.65. Thus, this is a company whose
share fell to a life-time low on the first day of listing and reached its life-time high on the last day of
trading. The company, after getting a berth on the stock bourses in March, 2003, has made three
bonus share issues, the first one being four against one and the following two in a ratio of one for
one each. Thus the company has already acquired a status of a fancied one amongst long-term
investors and the way it is going up indicates a further rise in the offing. The share is, therefore,
suggested for buying for medium to long-term investing.
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INVESTMENT
Sarvesh Ashok Trivedi
Stock Wave (Mumbai) (Mob) 09820728124
www.chartsanketstock.com
Important support for Nifty Future at 8760 on upward movement and
8583 on downward movement
BSE Index (28077) :- Having gone up to 28289.95 on upward movement, it is on sidewave. It
shows towards overbought position on daily basis, while overbought position on weekly and monthly
basis. On upward movement, beyond 28238 it may go up to 28290 and 28440. On downward
movement, below 27942 it may indicate weak position and below 27697 and 27627 level selling
spree can be witnessed.
Nifty Future (8677.25) :- After going up to 8760, it is on sidewave. It shows neutral position on
daily basis, overbought to neutral on weekly basis and overbought position on monthly basis. upIt
shows neutral position on daily basis, overbought to neutral on weekly basis and overbought
position on monthly basis. On upward movement, beyond 8714 it may go up to 8760 with resisting
level at 8815. On downward movement, below 8650 it may go down to 8610 and 8583.
Bank Nifty Future (19413.05) :- It is moving up from bottom of 18355. It shows overbought
position on daily, weekly and monthly basis. On upward movement, beyond 19485 it may go up to
19630, 19775 and 19850. On downward movement, below 19050 shows weak position.
Dr. Reddy (3010) :- It plunged to 2925.10, but now it is on sidewave. It shows neutral position
on daily bais, oversold on weekly basis and towards oversold on monthly basis. On upward move-
ment, beyond 3044 it may go up to 3070, 3165 and 3210. On downward movement, it may get
support at 2972.
Jain Irrigation (80.15) :- It is moving up from bottom of 68.70. It shows overbought position on
daily, weekly and monthly basis. On upward movement, beyond 84 it may go up to 89 and 94 and
100. On downward movement, below 76 it may get support at 74.50.
Jindal Steel and Power (87.85) :- After plunging to 77.55, it is on side wave. It shows neutral
position on daily and weekly basis, while towards overbought position on monthly basis. On up-
ward movement, beyond 92 it may go up to important resisting level at 98.15. It may witness long
term bullish trend. On downward movement, it may get support at 79.
ICICI Bank (253.90) :- Because of poor results it came down to 236.65 and now is witnessing
slow improvement in prices. It shows overbought position on daily basis, towards oversold on
weekly basis and monthly basis. If it crosses 274, critical level would be at 287. Support at 247
closing.
NCC (84.95) :- After coming down to 75.20, it is moving upward. It shows overbought position
on daily basis, overbought to neutral on weekly basis and overbought position on monthly basis.
On upward movement, beyond 89.50 it may go up to 94, 101 and 105. On downward movement,
it may get support at 81.
disclosure : The Recommendations are based on technical analysis. There is a risk of loss in trading.
disclosure : The Recommendations are based on technical analysis. There is a risk of loss in
trading.
-: Golden quote :-
Beauty is inspiring others through
your words and actions !!!
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INVESTMENT
Dilip Davda Best Buy
Shalimar Paints,
e-mail Expert’s Eye
dilip_davda@rediffmail.com Automotive Axles,
Phoenix Lamps
A range bound week with negative bias

Market opened the week on a firm note despite higher CPI of 6.07% announced on Friday
evening, but as WPI too rose to 3.55%, market gave up gaining trends and closed in red for the
first session after long week end. The trends continued for the second session as well, however,
it posted some recovery on global cues on Thursday, but Friday again it remained dull and close
in red. Thus finally the week closed on a negative note. As major trigger is missing on domestic
front, it will continue to take leads from Global markets for a while.
During the week, NSE Nifty and S&P BSE Sensex moved in the range of 8696.60-8600.45 and
28214.17-27942.65 respectively.
Secondary Market :- All markets were closed on Monday on account of Independence Day
Holiday.
We marked divergent openings on Tuesday with Nifty opening a bit weak while Sensex open-
ing on a higher note, but as the day progressed, indices lost on profit bookings at higher levels on
weak global cues. NSE Nifty lost 29.60 points to end the day at 8642.55 and BSE Sensex marked
deficit of 87.79 points to close at 28064.61. Higher inflation data took its toll with selling at higher
levels across the board keeping market breadth negative. Unitech marked new low with rising
crisis on liquidity issue. Piramal Enterprice, Divi's Lab lead the surge, but could not arrest falling
trends. FII remained net buyers. High Ground announced bonus issue in the ratio of 1 share for
every 10 shares held.
On Wednesday markets opened on a poor note and although it gained in intraday trades, it
closed in red for the second session of the week in a row. NSE Nifty marked deficit of 18.50 points
to close at 8624.05, BSE Sensex mirrored similar trends with a loss of 59.24 points to end the day
at 28005.37. Market continued to lose in a range bound trades. Menon Bearing
However, stock specific trades were marked with select counters approved allotment of
gaining on encouraging corporate reports. BF Utility, SH Kelkar bonus issue
lead the gaining momentum, but side market turned weak. Mid recommended in July
and Small cap outperformed the benchmarks and kept market
2016 in the ratio of
breadth in positive zone. FII remained neutral in trades.
1 for 5.
Tracking firm global markets, we too marked positive opening
on Thursday and indices managed to maintain gaining tempo to Dividend Announced
close in green. NSE Nifty gained 49.20 points to end the day at Premco Global (5%),
8673.25 and BSE Sensex scored 118.07 points to close at
28123.44. President approving some bills that were in favor of Zodiac JRD (5%) etc.
banking/finance industry paved the way for surge in banking and
Bonus Announced
NBFC counters. In fact Bankex and Bank Nifty marked last 17
month's high and lead the rally. Sudarshan Chemical surged on High Ground (1 : 10)
FIIs buying. Market breadth turned positive. FIIs turned
net buyers.
Bonus Meets
On Friday although Asian markets were down, we Nutraplus (23-8-2016)
marked firm opening on short coverings by weekly 8K Miles (24-8-2016)
traders in the morning part, but as the day progressed, Chamanlal Setia (29-8-2016)
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INVESTMENT
it lost form the high of the day to close in red. NSE Nifty lost mere 6.35 poi8nts to close at 8666.90
and BSE Sensex marked deficit of 46.44 points to end the day at 28077.00. Key indices marked
languish trades, but side market was steady. Encouraging corporate reports boosted sentiments
for counters like Dilip Buildcon, Ultratech, PC Jeweller, NHPC, Tata Power, Surya Roshni, V-
Guard, Indian Hotels, Taj-GVK etc. FIIs and DIIs were the net buyers, but could not arrest falling
trends. Menon Bearing approved allotment of bonus issue recommended in July 2016 in the ratio
of 1 for 5.
For the range bound trades week, indices marked net weekly Loss of 5.25 points and 75.40
points for NSE Nifty and BSE Sensex.
During the week dividend announcements came in from Premco Global (5%), Zodiac JRD (5%)
etc.
Rupee turned weak to see above Rs. 67.05 a dollar. Crude firmed up to see near 50$ a barrel
to mark new high of 2016 with 70% surge from the low of February 2016. This may bring price hike
in petroleum products in the near future. Global cues will continue to have its impact and as we
have derivatives expiry in the ensuing week, volatile trades will be the order of the week. Under
the circumstances, Nifty and Sensex may move in the range of 8700-83000 and 28600-27600
Bonus meets scheduled for the week from Nutraplus (23.08.16), 8K Miles (24.08.16) and Chaman
Lal Setia (29.08.16)
Scrip Watch :- Following scrip may be kept on radar for strategic investment ideas for medium
to long term.
Shalimar Paints (BSE Code 509874) :- This paints sector company has posted net profit of
Rs. 0.68 crore on a turnover of Rs. 97.00 crore for the Q1 of FY17 against loss of Rs. 2.10 crore on
a turnover of Rs. 86.34 crore for the corresponding previous period. For FY16 it reported net profit
of Rs. 5.28 crore on a turnover of Rs. 402.93 crore. As on 30.06.16, equity capital of Rs. 3.79 crore
has free reserves of Rs. 60 crore plus. Scrip may be considered at declined levels for medium to
long term rewards. It currently quotes around Rs. 195.55 against 52 week High/Low of Rs. 209/89,
FV Rs. 2.
Automotive Axles (BSE Code 505010) :- This automotive component manufacturing com-
pany has posted net profit of Rs. 11.06 crore on a turnover of Rs. 292.79 crore for Q1 of FY 17
against net profit of Rs 7.81 crore on a turnover of Rs. 234.50 crore corresponding previous
period. For FY 16 it posted net profit of Rs. 34.77 crore on a turnover of Rs. 1085.97 crore. As on
30.06.16 its paid up equity capital of Rs. 15.11 crore is supported by free reserves of Rs. 322 crore
plus. It currently quotes around Rs. 643.80 against 52 week High/Low of Rs. 817/510, FV Rs. 10.
Phoenix Lamps (BSE Code 517296) :- This auto component sector company has (on a con-
solidated basis) posted net profit of Rs. 6.74 crore on a turnover of Rs. 85.60 crore for Q1 of FY17
against net profit of Rs. 0.84 crore on a turnover of Rs. 68.30 crore for corresponding previous
period. For FY16 it posted net profit of Rs. 22.90 crore on a turnover of Rs. 327.92 crore. As on
30.06.16, equity capital of Rs. 28.01 crore is supported by free reserves of Rs. 120 crore plus.
Scrip may be considered at declined level for long term investment. It currently quotes around Rs.
149.10 against 52 week High/Low of Rs. 151/88, FV Rs. 10.
DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to
buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational
and information purposes only and under no circumstances should be used for making investment decisions. Read-
ers 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 )
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INVESTMENT
Scrip Watch - Dilip K. Shah
GHCL (Rs. 257.00) (Code : 500171) (F. V. 10.00) : GHCL is a small-cap comany engaged in
the manufacture of specialty chemicals and textiles.The reason for the euphoria is because GHCL
reported block buster Q1FY17 results. The sales surged 17% while the operating profit surged
41%. The net profit surged an impressive 67%. Higher operating efficiency in organics chemicals
segment and lower interest cost will result in higher net profit growth.The company sees strong
visibility of earnings and improvement in return ratios supported by sustained reduction in debt.
The company is among India's three largest soda ash manufacturers, reporting Ebitda (earnings
before interest, taxes, depreciation and amortisation) margins in such a predictable range (28 per
cent in a bad year, 33 per cent in a good year) that one is tempted to call this business
'annuity'.Volumes for soda ash volumes are expected to remain flattish at 750 tonnes on account
of seasonality (rains) factor. GHCL stock has jumped from Rs.150 to Rs.260 level in just three
months. Buy on every deep.
Cipla (Rs. 555.00) (Code : 500087) (F. V. : 2.00) : Cipla has reported a 43.74% drop in consoli-
dated net profit at Rs 365.24 crore for the quarter ended on June 30, 2016 as against the net profit
of Rs 649.22 crore for the quarter ended on June 30, 2015. The consolidated total income from
the operations declined by 6% to Rs 3,593.72 crore. The company's revenues declined by 21% in
the US and by 6% in emerging markets.Analysts say that top management rejig is the reason why
investors are buying shares in hordes. The company has witnessed top brass replacements,
including CEO/CFO/COO in the span of last one year. The company has around 15% of market
share in the inhaler space in smaller European markets which is likely to ramp up to 30% in next
18-24 months.Major boost will come when the company will launch in UK where market size is
around $400 million (Rs 2661.1 crore). The company has 10 combination inhalers in pipeline
targeted for US/EU launches. Cipla is focusing on restructuring its business model with 2-3 years
strategy. Launch of combination inhalers in EU/US will be a significant opportunity for the com-
pany to drive earnings in long term. Buy.
India Cements (Rs. 132.00) (Code : 530005) (F. V. : 10.00) : India Cements has reported a
16.34 per cent rise in net profit for the first quarter of the financial year ended June 30. The
Chennai based cement major recorded a net profit of Rs 43.98 crore as against 37.80 crore for the
same period last year. The rise in profitabilty was due to an increase in volume and reduced
variable costs on a year on year basis. The increase in profitabilty came despite a reduction in
plant realisation rate. Total income of the firm, however, has declined to Rs 1,205.72 crore from
Rs 1,225 crore last year. India Cements has also recorded an increase in capacity utilisation for
the period, the figure going up to 65 per cent from 58 per cent for the corresponding period of last
year. The firm has registered an increase in its EBITDA (Earnings Before Interest, Taxes, Depre-
ciation and Amortization) at Rs 205 crore against Rs 200 crore last year.
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
stocks • I/My family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending • Stop loss is useful for Short /
Medium Term investor Only • Smart Investment will not be responsible / liable for any loss arising out of investment based on tis advices • Past performance may or may
not be substainedin future " (Dilip K. Shah) Research Analyst : SEBI Regn No. : INH000002152
SMART
INVESTMENT
Market Tips - Dilip K. Shah
Astral Poly Technik (Rs. 478.00) (Code : 532830) (F. V. : 1.00) : Astral Poly Technik has, last
week, announced the launch of chlorinated poly vinyl chloride pipes and fittings under a new
brand name.Astral Poly Technik (Astral) has joined hands with Japan-based Sekisui Chemical
Co. (Sekisui) to source chlorinated poly vinyl chloride (CPVC) resin for hot and cold water plumb-
ing system. This strategic tie up between Astral and Sekisui enables Astral to go for backward
integration into developing its own CPVC compound. On account of this tie up, Astral has launched
its own brand "Astral CPVC Pro" for CPVC pipes and fittings for hot and cold water application.
This product has NSF-61, ISI, UIPC approvals. The CPVC compound is also NSF certified for
potable water.Astral Poly Technik is a diversified manufacturer of building products in India. Its
piping product portfolio consists of plumbing, drainage, agriculture, industrial, fire sprinkler and
electrical piping systems. Astral's adhesive product portfolio consists of construction chemicals,
maintenance, wood care and automotive adhesives. The mid-cap company has an equity capital
of Rs 11.98 crore. Face value per share is Re 1. Buy.
Dalmia Bharat (Rs. 1430.00) (Code : 533309) (F. V. : 2.00) : Dalmia Bharat has posted 76
percent rise in consolidated net profit at Rs 92 crore for the quarter ended on June 30, 2016
compared to the same period of last year. The cosolidated net profit in the first quarter of last fiscal
was Rs 53 crore, Dalmia Bharat in a press release. Total income from operations increased to Rs
1,777 crore in the first quarter of this fiscal compared to Rs 1,609 crore in the year-ago period. It
adopted effective logistics management strategy by optimising market mix, Rail/Road mix, which
has resulted in the costs being lower by 11 percent year on year and 8 percent quarter on quarter.
It said that the finance costs and depreciation are higher on account of commissioning of two new
plants, Belgaum (Karnataka) and Umrangshu (Assam) units.The company expects cement de-
mand to gain momentum supported by good monsoon, implementation of seventh pay commis-
sion recommendations and focused thrust by Government on infrastructure development and
housing. Accumulate in phased manner.
SBI (Rs. 258.00) (Code : 500112) (F. V. : 1.00) : State Bank of India(SBI) board as well as five
associate banks have, last week, approved the swap ratio for the merger of these associate banks
with India's biggest lender.The five banks merging with SBI are State Bank of Bikaner & Jaipur
(SBBJ), State Bank of Mysore, State Bank of Travancore, Bhartiya Mahila Bank and two other 100
per cent-owned unlisted associates - State Bank of Hyderabad and State Bank of Patiala. Analysts
said the merger will be a long-term positive for SBI and investors holding the stock should remain
invested. Foreign brokerage BofA-ML has put a 12-month target price of Rs 300 on the stock. The
global investment bank said SBI can re-rate to at least its cycle average or 1.78 times FY18 adjusted
book value. Most of the brokerages are bullish on this giant banking stock. JPMorgan says merger
will improve market share. The net dilution is a minuscule 1.7 per cent given SBI itself held a large
share in these subsidiaries. The global investment bank is of the view that the merger is a long-term
positive for the SBI. Accumulate.
Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
SMART
INVESTMENT
SMART TIPS Smita N. Zaveri
NCC (Rs. 82.00) (Code: 500294) :- Shares of this A group listed construction and
engineering company have face-value of Rs. 2. The share touched a 52-week high of Rs. 85 and
low of Rs. 53. The Hyderabad-based company provides services such as building-housing, road,
electrical, water &environment, oil-gas, among others to other companies. Company bagged Rs.
3,600 crore orders in June quarter, taking its order-book to Rs. 19,000 crores. High-debt had
taken a toll on the company's performance in recent years. However, it plans to pare its debt.
Rakesh Jhunjhunwala holds 10% stake in NCC. For the first quarter, it reported 11.3% rise in
income at Rs. 1,890 crores. EBIDTA rose 16% to Rs. 150 crores, EBIDTA margin was up 30 bps
to 2%, while net profit rose 26% to Rs. 60 crores. The stock can be seen touching Rs. 100 in the
short to medium term.
Federal Bank (Rs. 65.00) (Code: 500469) :- This A group listed bank's shares have
face-value of Rs. 2. In the last 52 weeks, the share touched a high of Rs. 68 and low of Rs. 41. The
bank was established as Travancore Federal Bank in 1931, while name was changed to Federal
Bank in 1949. The bank has come a long way in the recent years. At present, it has a network of
more than 1,250 branches in the country. For June quarter, it reported income of Rs. 2,014 crores,
net profit of Rs. 167.31 crores, and EPS of Rs. 0.97. The net profit margin was 8.38%. Bank's
equity is Rs. 343.79 crores, net-worth Rs. 8,092 crores, assets Rs. 91,430 crores, and market cap
Rs. 11,280 crores. The share is trading at a PE multiple of 20.7, and is very attractively priced as
compared to its peers.
Magma Fincorp (Rs. 103.00) (Code: 524000) :- The shares of this leading NBFC
are listed in the B group and have face-value of Rs. 2. The share touched a high of Rs. 116 and
low of Rs. 67 in the last 52 weeks. Magma Fincorp provides loans for passenger cars, utility
vehicles, commercial vehicles, construction equipment, mortgage, used assets, tractors and SMEs.
It has a network of over 250 branches in 22 states, and has over 10 lakh consumers. The company's
equity is Rs. 47.36 crores, while reserves are Rs. 2,For June 2016, it reported consolidated in-
come of Rs. 603.74 crores, gross profit of Rs. 65.36 crores, and net profit of Rs. 47.57 crores. 104
crores. The numbers were disappointing due to higher fund expenditure and decline in loan as-
sets. A boost in rural economy due to good monsoon will help the stock. The stock is trading at a
discount to other NBFCs, and is attractively priced.
Suprajit Engineers (Rs. 199.00) (Code: 532509) :- The shares of this B group
listed auto parts and equipment manufacturer have face-value of Re. 1, and are listed in the B
group. In the last 52 weeks, the share touched a high of Rs. 217 and low of Rs. 121. With a
capacity to produce 180 million cables, it is the largest cable manufacturer in the country. It has
two subsidiaries, one in India and other in Europe. The company makes mechanical control cables
for motorcycle, cargo, commercial vehicles, and also makes non-automotive cables. Phoenix Lamp,
acquired by the company, is also achieving quick turnaround. For Q1, consolidated income went
up 64% to Rs. 254 crores, while net profit was up 60% to Rs. 22 crores. As a part of expanding its
US business, it plans to set up a subsidiary there in the current quarter. Its new unit in Tamil Nadu
has started operations. Looking at the tremendous fancy for auto equipment stocks, this share
can also be seen in focus.
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 19th August 2016 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
SMART
INVESTMENT
Smart super duper - Dilip K. Shah
Huhtamaki PPL (Rs.280.00) (Code:509820) :- The company was earlier known as

Paper Products. It was taken over by a company from Finland in 1999. Now it supplies its packag-
ing material to top FMCG companies in the world. As against equity of Rs14.54 crore the company
has reserves of Rs601.38 crore. The promoters hold 68.77%, and public hold 21.23% stake in the
company. It follows December as year ending. In June quarter, the company's sales increased
from Rs544.84 to Rs572.18 crore, while its profit decreased from Rs19.92 crore to Rs18.26 crore.
The stock seems attractive at current price from valuation point of view so it can be considered for
investment. The market cap is Rs2065 crore.
Jagran Prakashan (Rs.184.00) (Code:532705) :- It is one of the leading print
media houses in the country, which owns strong brands like Jagran and Mid-day. It has its pres-
ence in 11 states. It also owns a weekly Jagran City Pulse which has 38 editions. It took-over
Mumbai's afternoon newspaper Mid-day. As against equity of Rs65.38 crore, the company has
reserves of Rs1515.86 crore. The promoters hold 60.76%, while public hold 39.24% stake in the
company. In June quarter, the company's income increased from Rs441.81 crore to Rs473.42
crore, while profit increased from Rs66.36 crore to Rs73.64 crore with EP of Rs2.26. The stock
seems attractive at current market rate. Some funds believed to have started activities in the
stock. The stock may give good return in future.
Adani Ports (Rs.273.00) (Code: 532921) :- The stock witnessed huge correction to
come down at Rs170 from Rs360 following demerger. But it witnessed bullish trend at lower level.
It is the biggest private port developer in the country. In June quarter, the company's income
increased from Rs1714.78 crore to Rs1826.58 crore, while profit increased from Rs638.93 crore
to Rs835.71 crore with EPS of Rs4.04. As against equity of Rs414.19 crore the company has
reserves of Rs12806.63 crore. The promoters hold 56.68% and public hold 43.32% stake in the
company. FII and DII hold considerable stake in the company. It has given good returns after
demerger and the management has issued good guidance. The stock is quoted much below than
all time high. It can be included in portfolio on every little correction in prices.
Escorts (Rs.304.00) (Code:500495) :- The stock has witnessed bullish trend after
entry of Rakesh Jhunjhunwala and Motilal Oswal. The manufactures tractors and other engineer-
ing products. The group has failed to create long term wealth for the investors, but new generation
at helm may change the scenario. As against equity of Rs119.37 crore. The promoters hold 43.01%
and public hold 56.99% stake in the company. The company's products may witness good de-
mand in near future. The government plans to invest a huge amount of money in railways and may
rope in private players. In June quarter, the company's sales increased from Rs977.74 crore to
Rs1051.42 crore, while profit increased from Rs36.27 crore to Rs46.96 crore with EPS of Rs3.94.
It can move up in long term.
Disclosures as per SECURITIES AND EXCCHANGE BOARD OF INDIA (Research Analysts) Regulation, 2014; • I and / or my clients may have investment in this
SMART
INVESTMENT
A.J. Diwan (Mumbai)
Diwan-E-Khas E-mail : divanconsultancy@rediffmail.com
Inflation and Share Markets
It said that as and when stock markets goes up, inflation is bound to go up.
Stock markets increase the purchasing power of public. Crude price has also gone up
from 42$ to almost 50$. The increase of inflation may prevent new RBI chairman to cut rate
in his first meeting.
The rise of stock markets indicates overall growth of economy.
Index and Nifty: Index has closed above 28000 mark i.e. 28077.it has first support at
28000. Nifty has closed at 8666. Nifty has resistance at 8700 and support at 8572 level.14
days RSI is giving negative trend. But positive breath of market on Friday is showing posi-
tive.
Reliance in deep troubl : Reliance failed to produced gas as per agreement so the gov-
ernment has imposed fine of 2546 crores on company as well as its associates. The com-
pany has gone for arbitration. But this news has stopped up trend in ril. Let's hope it does
not break Rs.1000 level. Reliance is not given increased in gas price so company feels it is
not viable to produce more gas at prevailing price.
In steel sector government has extended anti dumping duty to cold roll Segment. All steel
shares are showing up trend. Tata steel has now Resistance at Rs.400. Jsw closed at
higher level Rs 1800 is first target. Tata Metallic is also looking good buy.
JSPL :- Three years back share price was Rs. 600 and after Navin jindal trapped in coal
gate scam share price went to Rs.50. Now good news is one Japan Company has offered
to buy stack in the Company. It comes true; we may see share price galloping.
SBI has started moving from the previous week. Now merger news has received green
signal. Bank to merged with five state run bank and become largest bank.sbi has steel
potential to go up.
RBL has come out with IPO. We feel that it is better to buy ICICI around Rs.245 instead
of RBL at Rs.225. ICICI bank once Croses Rs.257 we may see level of Rs.260. In axis bank
there is selling pressure around Rs.595.
Cairns India share holders not benefiting from merger with Vedanta. What share hold-
ers will do with 7.5% Preference Shares? The price difference is also around Rs.30.
SMART
INVESTMENT
Investment Ideas - Pratit Patel
NIFTY (8666.90) :- For next week NIFTY has strong support around 8600 levels. Break will
take it to 8540/8515/8475 levels. On the upper side NIFTY will face strong hurdle at 8730 levels,
cross over with volume and close above will create short covering at take NIFTY up to 8800/8845
levels…
BANK NIFTY (19414.70) :- For next week BANK NIFTY has strong support around
19290 levels. Break will take it to 19115/18965 levels. On the upper side BANK NIFTY will face
strong hurdle at 19545 levels, cross over with volume and close above will create short covering at
take BANK NIFTY up to 19830levels…
Shree Pushkar Chem & Fert (539334 & NSE) (117.5) (FV Rs.10) :- Shree
Pushkar Chemicals &Fertilisers Limited manufactures, markets, distributes, and sells a range of
dyes and dyes intermediates, fertilisers in India and internationally. It has recently announced that
the Company along with its expansion plans for manufacture of Reactive Dyes through the pro-
ceeds of the IPO had also proposed a plant for the manufacture of Sulphate of Potash (SOP), a
soluble potassicfertiliser with a capacity of 10,000 MTA, to be totally financed through internal
accruals.The main plant has been imported on turnkey basis from China and has been success-
fully commissioned on 01 August 2016. The Company is currently in the process of conducting
trial runs, and the full commercial production at the plant is scheduled to commence by September
2016 along with the calcium chloride plant, a byproduct in the manufacturing process. It has
declared good numbers in Q1FY17. Stock is looking hot for investment purpose. One can buy this
stock with stop loss of Rs.109. On the upper side stock will zoom up to Rs.142/155 levels in
coming days…
MIND-BLOWING RETURNS IN OUR PAST RECOMMENDATION

IN FINANCIAL YEAR 2017… JUST LOOK 3 STOCKS HAD GIVEN
ABOVE 100% RETURN IN LAST 4 YEARS…
Date Stock Rec. Rate High in % Date Stock Rec. Rate High in %
Date Stock Rec. Rate High in % 13th June GANDHI TUBE 239.4 352 47%
4th April GNFC 80 177.5 122% SHALIMAR PAINTS 135.25 209 55%
11th April SURYALAXMI Co. 120.4 165.5 37% ABC BEARING 128 187 46%
18th April LINCOLN PHARMA 157 242.45 54% 20th June UCAL FUEL 114 148 30%
25th April MUTHOOT CAPITAL 156.4 245 57% 4th July SHIVALIK BIMETAL 25 33.5 34%
9th May IOL CHEMICALS 109.25 154 41% EDELWEISS FIN 76 114.35 50%
30th May SHREYANS IND 47 75 60% J M FIN 52.1 78 50%
SURYALATA SPINNING 114 179 57% 18th July CHENNAI PETRO 219 297.5 36%
6th June NATIONAL FITTING 88 204 132% 1st Aug INVEST & PRECISION 165 184 12%
SUDARSHAN CHEM 131.5 383.25 191%
MULTIBASE 238 294 24%
SMART
INVESTMENT
IFB Industries (505726& NSE) (388) (Face Value Rs.10) :- Company was set
up in 1974. It manufactures washing machines, cloth dryers, dish washers, microwave ovens, air
conditioners, refrigerators, cookers etc. Company enjoys high market shares in washing machine
segment. It has posted strong numbers in Q1FY17. Net sales increased 19% to Rs.417.69crore
from Rs.352crore, while net profit increased 41% to Rs.14.91crore from Rs.10.54crore. First OROP
& now 7th pay commission will create huge demand in home appliances segment. Stock was
kissed Rs.700 levels in March 2015 &now trading at very attractive level. One can buy this stock
with stop loss of Rs.365. On the upper side above Rs.410, fireworks will show and take the stock
to Rs.450/490 levels in coming days…
Sambandam Spinning Mills (521240) (121) (Face Value Rs.10) :- Estab-
lished in 1983, by S P Sambandam, S P Ratnam& S P Rajendran with 2000 spindles, today
SAMBANDAM SPINNING MILLS LTD has 5 mills with capacity of 1,10,000 spindlage. SSML is
making only 100% cotton yarn. Company provides cotton autoconed/siro cleared yarns; single/
multi ply yarns; carded/combed weaving and knitting yarns; ring doubled wet spliced/TFO yarns;
and value added products, including gassed yarns/compact yarns/slub yarns. Company is having
100% own power generating capacity.
It has an equity base of just Rs.4.28crore that is supported by reserves of around Rs.44.44crore
& it has a share book value of Rs.116.72 per share. The Promoters hold 48.58% while the invest-
ing public holds 51.42% stake in the company.
For Q1FY17, it has reported sales of Rs.51.19crore against Rs.52.09crore, profit after tax has
gone up by 541.40% to Rs.1.86crore against Rs.0.29core. Q1FY17 EPS stood at Rs.4.35. Com-
pany has posted only Rs.0.33crore profit in FY16 & has posted Rs.1.86crore profit in 1st quarter of
FY17. After posted lower numbers in FY16, it has paid 20% dividend for FY16 which clearly
indicates that promoters are investor friendly.
Stock is looking hot & explosive even at this level. One can buy this stock with stop loss of
Rs.95. On the upper side stock will zoom up its all-time high rate of Rs.165 levels in medium
term…
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 securi-
ties mentioned in website. Author may have positions in above stocks so have vested
interest obviously in their going up or down as the case may be.
Disclaimer: Investing in any equity is risky. Our recommendations are based on reliable
& authenticated sources believed to be true & correct, and also is technical analysis based
on & conceived from charts. Investors should take their own decisions. We assume no
responsibility for any transactions undertaken by them. The author won't be liable or re-
sponsible for any legal or financial losses made by anybody.
SMART
INVESTMENT
NIKHIL BHATT
MARKET TREND (+919979380808)
WWW.INVESTMENTPOINT.IN
PERIOD : 22-8-2016 to 26-8-2016
NIFTY FO RANGE @ 8603 TO 8747 POINT IN SHORT TERM…!!!

Dear Friends,
NIFTY FO CLOSED @ 8680 AS ON 19.08.2016..!!
NIFTY FO has resistance at 8707 - 8730 Level; above which other resistance levels are at 8747
- 8787 Level with highly Volatile Trend.
In Downside support levels are at 8617 - 8603 Level; below 8603 Level, other support levels
are at 8585 - 8560 Levels. I am positive for next week above 8747 Level but be with the trend. Let
the market decide further moves. As we are saying from many days Buying is suggested in falls
only...and it's still a better strategy in the given Scenario...!!! Regarding long term positions, it is
preferable to remain cautious now...!!
If NIFTY crosses 8730 Level, again then the upper side target is quite high and it may touch
8787 Level in short term...!!!
GOLDEN STOCKS FOR THE PERIOD: 22.08.2016 TO 26.08.2016
1. HDFC BANK (1248) : It is suggested to buy @ Rs 1237 with SL of Rs 1223 for the target of
Rs 1257 - 1271; below Rs 1223 it can fall up to RS 1211 - 1203 levels. If it crosses Rs 1271 level
than expect nonstop rally up to Rs 1283...!!
2. BPCL (594) : Operator based Game start in this stock, BUY @ Rs 585 With SL of Rs 571 for
the target of Rs 606 - 621 level below Rs 571 it can show further downfall up to Rs 563 …!!!
3. TATA POWER ( 77 ) : Buy delivery of this stock near @ Rs 71 with SL of Rs 68 for the target
of Rs 83 - 97 level. It is very good for medium term position also…!!!
4. CIPLA (555) : This stock is looking very good to buy @ Rs 541 with SL of Rs 530 for the
target of Rs 568 - 577 Levels below Rs 523 is stock shall witness free fall…!!!
5. INDIAN OIL CORP (565) : Buy @ Rs 556 levels considering minor support of Rs 547 and
stop loss of Rs 537 for an upper target of Rs 577 - 590 levels. Below Rs 537 it can slip up to RS
531 - 523 levels…!!!
6. AMBUJA CEMENT (276) : Operator based buying has been there in this stock. Buy @ Rs
261 with SL of Rs 250 for the target of Rs 288 - 297 levels it is very good for long term position
also…!!!
7. DELTA CORP (147) : Trading point of view BUY @ Rs 138 With SL of Rs 131 for the target
of Rs 153 - 166 level below Rs 131 It can show further downfall up to Rs 126 ..!!!
8. PTC (77) : Buy delivery of this stock near @ Rs 71 with SL Rs 66 for the target of Rs 83 - 91
level. It's very good for long term position also…!!!
9. WEL CORP (89) : For medium term buying is suggested @ Rs 81 with SL Rs 73 for the
target of Rs 97 - 108 level. Below Rs 68 it can show further downfall…!!!
10. RELIANCE (1015) : It is suggested to SELL with SL Rs 1023 for the target of Rs 1007 - 997
below @ Rs 997 it can slip up to Rs 989 - 981 level. Above Rs 1031 level will take the stock to Rs
1037 - 1046…!!!
SMART
INVESTMENT
Primary Market - Dilip K. Shah
Good return by companies listed on SME platform boosts investors' confidence

Till now 146 companies have got listed on BSE-SME platform: It will cross 200 mark by December 2016
18 companies have got listed on NSE-SME platform and nearly 18-20 have shifted to main board
RBL Bank's IPO got 66% subscription on first day: Fancy may increase in coming days
Shiva Granito's BSE-SME issue with fixed price of Rs12 will open on August 23 and close on August 29
The Govt to buy back shares of 10 top PSUs to achieve disinvestment target
How much subscription RBL Bank IPO will get? When and how will be allotment and listing?
Govt tries to raise Rs60,000 crore by selling stake in PSUs using SUUTI
Govt to get Rs12,500 crore through disinvestment in five PSUs
This week only two issues will be present in the market. RBL Bank's issue has already opened
on August 19, while Shiva Granito Exports' BSE-SME issue will open on August 23.
RBL Bank:- The issue that opened on August 19 will get closed on August 23. The company is
offering fresh equity of Rs832.50 crore and 1,6,09,628 equity shares through OFS at offer price of
Rs224-225 to raise Rs1212.97 crore. The minimum application will be for 65 shares worth Rs14625.
More details were published last week. Subscription Figures of
Subscription details :- The issue has got 0.66 times subscription RBL Bank IPO
on the first day. It has got 0.67 times subscription in QIB, 0.20 in HNI No. Shares Issue
and 0.86 times in retail. Offered/ Subscribed
It is believed that issue will get 12 lakh applications in retail segment. Reserved 19-8-16
Thus, taking the subscription to 4 to 4.50 times. It may get 125 to 150 QIBs 10864515 0.67
times subscription in HNI and 40-50 times subscription in QIB category.. HNI 8111221 0.20
Retail 18926183 0.86
Discovery Price :- It could be at Rs225.
Total 37901919 0.66
Allotment/Refund :- The allotment may take place on August 26
and fund will be unlocked on August 21 and shares will be deposited in Top -10 PSU
account on August 30. It is believed that out of 3.50/4 applicants only having Cash Reserve
one will get 65 shares. Cos. Reserve - Surplus
Listing :- It may get listed on BSE and NSE on August 31 around ONGC 47,574 Cr.
Rs260-270. It may go up to 280-285 in good market. It is advisable to NTPC 80,536 Cr.
book profit once it crosses Rs280-285 level. It may give 20-25% return. Power Grid 37,736 Cr.
SME IPO :- Since 2012, 146 companies have got listed on BSE- ONGC Videsh 33,326 Cr.
SME platform and it is likely to cross 200 mark by December 2016. Till BHEL 32,563 Cr.
now 18 companies have got listed on NSE-SME platform and nearly Gail 29,316 Cr.
one and a half dozen companies have transferred to main board. REC 27,630 Cr.
BPCL 26,435 Cr.
The companies that have recently got listed on SME platforms have
Oil India 21,940 Cr.
given good returns, which has boosted investors' confidence and at- NHPC 17,618 Cr.
tracted them to invest more in SMEs. Some of the SME issues re-
BSE SME IPO
Sr Company Issue Open Dt. Issue size Offer price Minimum Applications Rating Remark
Issue Close Dt. (Rs. Cr.) (Rs.) %
1. Shiva 23-8-2016 42,00,000 Eq. Rs. 12 Minimum Application Size of 34 % Risky
Granito 29-8-2016 (Rs. 5.04 Cr.) 10,000 Eq. Shares (Rs. 1,20,000)
SMART
INVESTMENT
Main - line IPO (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. RBL Bank 19-8-16 Fresh Issue Rs.832.50 Cr. 224 to 225 65 390 845BSE Axis, Citigroup
40 %
(Book Building) 23-8-16 & An Offer For Sale Shares Shares Shares NSE HDFC, ICICI
Listing Gain
1,69,09,628 Eq. Shares (Rs. 14625) (Rs.87750) (Rs.190125) IDFC,IIFL,Kotak
(Total : Rs. 1212.97 Cr.) Morgan St., SBI
ceived more than 8-10 times subscription. It Gray Markets Premium

is believed that around 80-100 SMEs are IPOs Name Offer Price Premium Kostak Price
planning to come up with issue. This week, (Rs.) (Rs.) Min. Appl. (Rs.)
Shiva Granito Exports is entering into the RBL Bank 224 to 225 45 to 46 (Seller) 700 to 750
market. (High : 60 / Low 40)
For latest grey market premium please check everyday
Shiva Granito Export :- Rajasthan-based www.smartinvestment.in
company is planning to raise Rs5.04 crore Don't subscribe IPO only on the basis of Grey premium.
Before Investing check the fundamentals of IPO
through offering 42 lakh shares at fixed price
of Rs12. The issue will open on August 23 and close on
RBL IPO : Allotment & Listing Process
29. More details are given in separate box. Issue Opens 19-8-2016
PSU Disinvestment :- The government has failed to Issue Closes 23-8-2016
achieve PSU disinvestment targets in last six years. This Finalisation of Basis of Allotment 26-8-2016
year also it not likely to achieve PSU disinvestment tar- Unblocking of Funds from ASBA A/c. 29-8-2016
get of Rs56,500 crore. But it has come up with practical Credit of Equity Shares to Demat A/c. 30-8-2016
Listing on BSE / NSE 31-8-2016
solution to achieve the target: Buy Back Shares.
As per the government's decision, all the PSUs with networth of Rs2,000 crore and cash bal-
ance of Rs1000 crore will have to take an call on buy back of shares by September 30.
RBL Bank Till now Coal India, NMDC, Nalco, Bharat Electronics and Manga-
Retailers may apply nese India have taken decisions in this regards and the government
Shares Amt. Shares Amt. will get Rs12,500 crore.
65 14,625 455 1,02,375
130 29,250 520 1,17,000
SUUTI :- The government is also planning to raise Rs60,000 crore
585 1,31,625 through selling stake under Specific Undertaking of Unit trust of India
195 43,875
650 1,46,250
260 58,500 715 1,60,875 (SUUTI). The government has bought stake in L&T, ITC and Axis Bank
325 73,125 780 1,75,500 through SUUTI. It also owns stake in Reliance, Tata Steel, HUL and
390 87,750 845 1,90,125
Titan through SUUTI.
(Registrar : Link Intime)
Grey Market Movement

RBL Bank premiums crumbled to seller's Rs 45
Application rates came down from 850 to 750
Grey Market movement fizzles out in absence of new issue
Currently only RBL Bank's issue is present in the primary market, so the movement in the
market has fizzled out.
The market witnesses fancy at time of announcement of the issue but losses momentum as
soon as the issue is open for subscription. In RBL Bank issue the premiums in the grey market
has touched Rs60 but now the sellers are ready to sell even at 45/46. The application form rates
also touched Rs850 but now it has come down to 750. But deals have slowed down.
It is believed that with investment of Rs14,625 the stock may give 20%, i.e.Rs3,000 return on
listing.
SMART
INVESTMENT
Shiva Granito Exports IPO Opens on 23rd Aug & Closes on 29th Aug 2016
Offer price fixed at Rs. 12; Listing on BSE - SME Platform
Looking to the weak performance, it's risky bet, better to avoid it
Shiva Granito Export Ltd (SGEL) that started as importer and exporter of all kind of deco-
rative stones, minerals, chemicals has now entered into manufacturing of the engineered
quartz stone slabs, different grades of resins and quartz stone powder and manufacture &
dealing of God & Goddess Statues/deities.
At present it has manufacturing plant for engineered quartz stone slabs, different grade
of resins, quartz powder and God & Goddess Statues/ Deities. It has also installed a resin
manufacturing unit with the annual capacity of around 1900 MT of different grades like PET,
General Purpose and Marble Grade etc. and a Quartz Slab Manufacturing Unit of annual
capacity around 1.5 million sq. ft. for manufacturing quartz slab of different colors and sizes.
To meet its working capital requirements and raise general corpus fund, the company is
coming out with a maiden IPO of 4200000 equity share of Rs. 10 each at a fixed price of Rs.
12 per share to mobilize Rs. 5.04 crore. Issue opens for subscription on 23.08.16 and will
close on 29.08.16. Minimum application is to be made for 10000 shares and in multiples
thereon, thereafter. Post allotment, shares will be listed on BSE SME. Issue is solely man-
aged by Pantomath Capital Advisors Pvt Ltd and Big share Services Pvt Ltd is the registrar
to the issue.
Financial Performance :- On performance front, the company has posted turnover and
net profits of Rs. Rs. 2.58 cr. / (Rs. 0.18 cr.) (FY 14), Rs. 14.59 cr. / (Rs. 0.85 cr.) (FY 15)
and Rs. 16.62 cr. / (Rs. 1.17 cr.) (FY 16). For the fiscal ended 31.03.16 the company's
accounts are on a broken periods for 31.12.15 and 31.3.16 because of its status as partner-
ship firm till 31.12.15. Thus the company has been incurring losses for all these years. In
March 2016 SGEL raised its paid up equity capital from Rs. 2.02 crore to Rs. 9.02 crore with
a fresh issue of equity shares at a price of Rs. 12 per share. Post IPO its current paid up
equity capital of Rs. 9.02 crore will stand enhanced to Rs. 13.22 crore. Due to carried
forward losses, the valuations are in negative territory. Its NAV as on 31.03.16 is Rs. 9.02
per share. It has no listed peer to compare with.
Merchant Banker Performance :- On merchant banker's front, this is the 22nd mandate
from its stable and out of 21 IPOs handled before this has shown mixed trends.
Recommendation : Promoters have taken major chunk at the same price expressing
their confidence for future prospects. Current performance does not match the asking price.
However, cash surplus risk savvy investors may consider it for long term investment; other
may give it a miss.
SMART
INVESTMENT
Smart Best Buy S. N. Zaveri
KNR Constructions : Strong order book, healthy profit

Divis Lab jumps 30 per cent in three months
Sun Pharma : Net profit jumps three-fold
AIA Engineering reduces cost, increases margin
KNR Constructions (Rs. 697.00) (Code : 532942) (F. V. : 10.00) : KNR

Constructions has rallied from Rs.530 to Rs 726 in just one and half month. The company has
strong engineering, procurement and construction (EPC) order book position of Rs 4,258 crore as
on June 30, 2016 (Q1FY17) comprising of Rs 3,528 crore in roads sector and Rs 730 crore in
irrigation. On August 8, KNR Constructions said that it bagged orders worth Rs 1334.70 crore
towards 4 laning of Hubli-Hospet section NH-63 in the state of Karnataka. Since then, the stock
risen 21% from Rs 600.Meanwhile, the company has reported a healthy 87% year on year (YoY)
jump in standalone net profit at Rs 30 crore for Q1FY17, on back of strong revenue growth. It had
profit of Rs 16 crore in the same quarter year ago.Total revenue grew 77% YoY to Rs 303 crore
from Rs 171 crore in the year ago quarter.The growth in turnover during the current quarter of
financial year due to execution of the orders received in last year is now contributing to the top
line.The company’s EBITDA (earnings before interest, depreciation and taxes) margin unchanged
at 14.4%. The stock has seen huge rally. Buy on deep.
Divis Lab (Rs. 1303.00) (Code : 532488) (F. V. : 2.00) : Divis Laboratories has
rallied last week after the company reported 23% year on year jump in standalone net profit at Rs
302 crore for the quarter ended June 30, 2016 (Q1FY17), on the back of strong revenue growth.
Total income from operations grew 25% at Rs 1,008 crore in Q1FY17 against Rs 809 crore in the
corresponding quarter of last year. Analysts on an average had expected profit of Rs 261 crore on
revenues of Rs 936 crore.The EBITDA (earnings before interest, depreciation and taxes) margin
expanded 268 basis points to 40% from 37.32%. Edelweiss is bullish on Divis Laboratories has
recommended buy rating on the stock with a target price of Rs 1430 in its research report dated
August 12, 2016. Stock has jumped more than 30 per cent in last three months. Buy at current
level. Buy more at decline.
Sun Pharma (Rs. 782.00) (Code : 524715) (F. V. : 1.00) : Sun Pharmaceutical
Industries Ltd, India’s largest drug maker by market value, on Friday posted a more than three-
fold jump in June quarter net profit, helped by strong finished dosage sales in the US. Net profit
rose to Rs.2,034 crore from Rs.556 crore in the year-ago period. Revenue rose 23% to Rs.8,007
crore in the three months. Sun Pharma’s US finished dosage sales rose 25% to $609 million in the
three months to 30 June. The firm benefited from the launch of Imatinib Mesylate tablets (thera-
peutic equivalent to anti-cancer drug Gleevec) in the US market in February. Being a first-to-file
product, it was granted 180 days of marketing exclusivity by the Food and Drug Administration
from the time of its launch.Last year, Sun Pharma completed the $3.2 billion acquisition of Ranbaxy
Laboratories Ltd, creating the world’s fifth-biggest generic pharmaceutical company by
revenue.Branded formulations in India in the fiscal year first quarter rose 8% to Rs.1,854 crore,
despite the effect of multiple regulatory changes which dented overall industry growth. India busi-
SMART
INVESTMENT
ness accounted for 23% of total sales.The stock has jumped 10 per cent in last one and half
month. Buy at current level. Buy more on decline.
AIA Engineering (Rs. 1270.00) (Code : 532683) (F. V. : 2.00) : The tight
control on the fixed overheads and low-cost capacities have catapulted AIA Engineering, a pro-
vider of grinding material to mining, thermal power plant and cement companies, to gain an ad-
vantage over its peers. Its operating profit before depreciation (EBITDA) per tonne was $506 in
2015, which was nearly double that of its global peers such as Megotteaux and Moly-Cop.Hence,
it can offer better competitive prices to customers. On the local front, it works at operating margins
of 27-28% -nearly double of domestic industrial sector average. Its revenues grew 11% annually
in the past four fiscals, while profit grew by 23%. Its price aggression to gain business is visible
from the fact that average realisation has been declining for the past two quarters. In the June
quarter, margins expanded 220 bps to 29.4% despite 14% fall in realisations. AIA derives about
40% revenues from the mining segment and the rest from other industries. It is gradually increas-
ing presence in Latin America to serve copper producers. It expects to clock incremental volume
of 120,000 tonnes by FY19. It plans to increase the current capacity of 340,000 tonnes by 100,000
tonnes by October 2017. Post expansion, AIA will be the world's third largest supplier of grinding
media.The stock has seen huge rally of more than 30 per cent in last one and half month. Still,
looks attractive. Buy.
(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 19th
August 2016 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
SMART
INVESTMENT
Dalal Street Whispers - Dilip K. Shah
Hathway Cable (Rs. 30.00) (Code: 533162) :- The board of Hathway Cables has given its nod
to come out with the IPO of its subsidiary GTPL. The IPO will comprise issue of fresh shares as
well as offer for sale of 90 lakh shares.
Tata Steel (Rs. 392.00) (Code: 500470) :- The company's share touched fresh high last Wednes-
day. According to Moody's, steel sector is set for growth in the coming days. Profitability will go up,
which will boost sentiment.
Escorts (Rs. 304.00) (Code: 500495) :- After two poor years, demand for tractors has shot up
this year, helping it achieve turnaround position. Tractors account for 80% of the total sales. In six
months, sales have shot up by 178%. It has left Sonalika far behind in sales growth. Good mon-
soon is expected to further boost demand.
PowerGrid (Rs. 180.00) (Code: 532898) :- Dalal Street players have set their sights on this
stock. The stock has surged to record levels on full capacity utilisation, rise in non-core business
income, and improved margins.
India Cements (Rs. 132.00) (Code: 530005) :- The company reported 16% rise in net profit for
June quarter. Cement demand is expected to improve post-monsoon. There is possibility of rating
upgrade by brokerage houses.
IRB Infra (Rs. 230.00) (Code: 532947) :- IRB Infra Developers plans to raise Rs. 6,000 crores
through Infrastructure Investment Trust (INVITEs). Positive impact can also be seen of fresh or-
ders from NHAI.
Bhushan Steel (Rs. 43.00) (Code: 500055) :- Ina bid to safeguard the domestic industry, India
has levied anti-dumping on certain hot-rolled flat steel products from China, South Korea and two
other countries.
Zee Learn (Rs. 38.00) (Code: 533287) :- The board of Zee Learn has approved the revised
swap ratio for the merger of Zee Learn with Tree House. Shares of both companies have jumped
as the merger is seen in favour of shareholders.
Bengal & Assam Co. (Rs. 965.00) (Code: 533095) :- The company is the financial investment
company of JK Group, and not a tea company as the name suggests. The company has reported
disappointing numbers for June quarter. JK Lakshmi, Fenner, JK Tyre and JK Paper have big
holdings in the company. The company's equity is just Rs. 8.68 crores, while reserves are Rs. 344
crores, making it a strong bonus candidate.
Cairn India (Rs. 211.00) (Code: 532792) :- Big movement was seen in the stock in the last
week. Rising six per cent in a week, Brent crude rose to a high of 51 dollars per barrel.
Rico Auto (Rs. 62.00) (Code: 520008) :- This auto equipment company reported net profit of
Rs. 14 crores for June quarter, as against Rs. 5 crores in the same quarter last year. Leading
brokerages are bullish on the stock.
Talbros Auto (Rs. 124.00) (Code: 505160) :- The stock is on investors' radar as promoters
have increased their stake in the June quarter.
Nalco (Rs. 47.00) (Code: 532234) :- Shares of aluminium manufacturers Nalco, Hindalco and
Vedanta are in limelight. It is expected that after steel, the government may levy anti-dumping duty
on imports of certain aluminium products.
SMART
INVESTMENT
High Risk High Return Shares - Dilip K. Shah
Interglobe Aviation (Rs. 880.00) (Code: 539448) :- This low-cost airline reported 7.4% dip in
net profit for June quarter. A foreign brokerage is bullish despite poor results. It has upgraded
Indigo's rating from neutral to buy. Announcement of a big dividend by the company in near future
would not be a surprise.
Jubilant Life (Rs. 506.00) (Code: 530019) :- Ace investor Porinju Veliyath, who is MD and
portfolio manager at Equity Intelligence, has recommended a buy on Jubilant Life's shares. Some
fancy can be seen in the stock due to low debt and dynamic management.
Sudarshan Chem. (Rs. 373.00) (Code: 506655) :- Morgan Stanley Merrill Lynch acquired
4.08 lakh shares at Rs. 356.96 on August 17, putting the stock on investors' radar.
Ultratech Cement (Rs. 3914.00) (Code: 532538) :- The stock has been touching fresh highs
after the company announced raising Rs. 500 crores through private placement of NCDs. The
allotment of NCDs will be done on August 22. The coupon rate for the bonds having 10-year
maturity is 7.53%.
OCL India (Rs. 776.00) (Code: 502165) :- The company reported 96% jump in net profit for
June quarter. The stock has corrected somewhat after touching Rs. 900. The company's plant at
Rajganj, which makes different kinds of refractories, has started operations.
Minda Ind. (Rs. 1155.00) (Code: 532539) :- This auto equipment company has reported 99%
rise in consolidated net profit for June quarter. It had earlier announced stock split in the ratio of
5:1. The record date for this has been fixed at September 14.
SBI (Rs. 258.00) (Code: 500112) :- The stock is in focus after SBI board okayed merger of five
associate banks with itself. Shares of SBI as well as the listed associate banks have jumped. SBI
will become among the world's 50 biggest banks following the merger. Leading brokerage Merrill
Lynch has upgraded SBI's rating.
Tata Motors (Rs. 510.00) (Code: 500570) :- Standard & Poor's has upgraded Tata Motors'
rating from BB to BB+. Some movement can be seen in the stock in the coming days.
Kaktia Cement (Rs. 370.00) (Code: 500234) :- The trading volumes and the share's price
have been on the rise from some time. For June quarter, it achieved turnaround position by report-
ing net profit of Rs. 7.7 crores as against loss of Rs. 3 crores last year.
Emami (Rs. 1177.00) (Code: 531162) :- FMCG shares are outperforming due to good mon-
soon. Emami promoters have secured release of pledged shares, which will also add current to
the stock.
Equitas Holdings (Rs. 185.00) (Code: 539844) :- The shares of this micro finance company
have been in focus since their listing some months ago. The share has been included in BSE 500
from August 25.
Jai Corp (Rs. 79.00) (Code: 512237) :- Maharashtra government has announced plans to
develop one more airport in Mumbai. The company owns significant land in the vicinity of the
airport's site.
IB Housing Finance (Rs. 800.00) (Code: 535789) :- This Indiabulls group's finance company
plans to raise Rs. 700 crores through NCDs, which will have a positive impact on the stock.
SMART
INVESTMENT
Senior Astrologer
Dharmesh Joshi
Mob. : 9909941816
E-mail :
stockmarket@ganeshaspeaks.com
Sensex Predictions : Dt. 22nd August to 26th August
22-08-2016 Monday :- " Remain cautious, as Sun-Rahu-Venus, Mars-Saturn, and Mercury-
Jupiter, all these planets are in conjunction with each other. " Today from 9.15 to 11.15 Nifty will
go up. " Between 11.15 to 14.30 Nifty may go down. " From 14.30 to 15.30 Nifty may move
downwards.
23-08-2016 Tuesday :- " Very quick deals are foreseen in the market today, as the Moon is in
the sign ruled by Mars. " From 9.15 to 9.40, Nifty shall remain around the surface. " Between 9.40
to 11.40 Nifty will be strong. " From 11.40 to 13.00 avoid trading, as Nifty shall pass time. " Be-
tween 13.00 to 14.30 Nifty may lose its strength. " From 14.30 till the next 1 hour, Nifty shall try to
regain its strength.
24-08-2016 Wednesday :- " Major changes are not foreseen by Ganesha today. " Deal only if
you have the capacity to take delivery today. " Around 10.45 short Nifty, and around 11.45 buy. "
Around 13.00 again short Nifty, and around 14.14 again buy Nifty.
25-08-2016 Thursday :- " Today the Moon is in its sign of exaltation. " The Sun is Swagruhi,
Mercury is in its sign of exaltation, and Mars is also in its own sign. Hence, liquidity will increase in
the market. " From 9.15 to 11.00 Nifty will remain around the surface level, and also around the
same figure. " Between 11.00 to 12.30, mixed to downward trend at Nifty is indicated. " From
12.30 to 14.30, overall view at Nifty may be on the soft or down side. " During the last 1 hour, the
European market will positively influence Nifty.
26-08-2016 Friday :- " From today Venus will be in its sign of debilitation. Hence, remain
cautious while dealing in Media stocks. " Between 9.15 to 11.00 Nifty shall go up. " From 11.00 to
13.00 do jobbing on both the sides, you will earn a good profit. " Between 13.00 to 14.30, Nifty
may go down due to some panic. " During the last 1 hour, short covering at Nifty is foreseen by
Ganesha.
SMART
INVESTMENT
News Track
SOHAR presents
itself as the new Middle East Gateway
SOHAR Port and Freezone will be welcoming invited guests to the Hyatt Regency Hotel in
Ahmedabad, Gujarat, on 9th September, for a presentation and round table discussion. CEOs
and senior executives from the logistics, food, manufacturing and pharmaceutical industries will
be contacted directly over the next few weeks to participate in this invitation-only event. To regis-
ter call +912261311534 or email - events@directologies.com
Neelima Vyas, Director International at SOHAR Port and Freezone, will be leading the evening’s
discussions about the many advantages that SOHAR can offer Indian investors. These include
100 per cent foreign ownership and free repatriation of capital and profits; corporate tax holidays
of up to 25 years; no personal income tax, currency restrictions or duty on imports and exports;
low capital requirements; and relaxed Omanisation regulations. ?Furthermore, setting up a com-
pany in the Middle East has never been easier, as all permits and licenses are granted by SOHAR
through its own One-Stop-Shop.
Ms Vyas describes SOHAR Freezone as a logistical dream at the centre of global possibilities:
“Thanks to over two billion consumers on our doorstep, demand in the region is increasing daily.
But being in the middle of it all is nothing without the right infrastructure,” she continued.“Our
strategic location outside the Strait of Hormuz reduces costs and transit times. The world’s major
shipping lines connect SOHAR with Asia, Europe and the Americas, including many direct calls.
Furthermore, SOHAR has excellent regional connections to our neighbouring Gulf States, as well
as Iran and, of course, India.”
SOHAR also offers excellent landside connectivity with new and uncongested highways giving
seamless access to economic hubs across the region; including a new road connection to Saudi
Arabia,which will enable direct access to the largest consumer market in the Arabian Peninsula
without long detours and border delays through the UAE.
Mr.Ravi, who sits on the Board of Directors of SKIL India, one of the shareholders in SOHAR
Freezone, will also be speaking about how SOHAR is becoming the preferred Gateway to the
Middle East region, as it offers the perfect base for logistics operations across a wide range of
products and commodities, either for transit through Oman, or for fine maze distribution into the
region.
Mr Ravi said: “An impressive 6,500 hectares of land has been set aside for trade and logistics,
manufacturing, as well as distribution in SOHAR Freezone. The area follows a carefully devel-
oped cluster approach and SOHAR guarantees competitive rents andlow commodity prices. There’s
a substantial workforce already on hand and the city provides high-quality housing, education,
retail, leisure and healthcare facilities that can cater to every need.” ENDS
SMART
INVESTMENT
News Track
HRITHIK ROSHAN TO ENDORSE FLAIR PENS
FLAIR CELEBRATES GOLDEN JUBILEE - WITH HRITHIK ROSHAN
FLAIR, India’s leading Pen manufacturer celebrating its Golden Jubilee announced its alliance with
Bollywood Superstar Hrithik Roshan. As FLAIR Writing Instruments Ltd’s - Brand Ambassador Hrithik
Roshan will launch a series of new pens backed by a high visibility publicity campaign.
Mr. K J RATHOD – (Chairman-FLAIR) explained that “Flair pens has an installed capacity of 5
million pens per day and are sold in India through a strong distribution network of 4000 distributors and
245,000 retailers. Bollywood Superstar Hrithik Roshan would be a big Brand Differentiator and will
help Flair Pens increase product awareness and add new customers.”
FLAIR proposes to launch many new pens with unique features that enhance consumer experi-
ence. India uses 880 Crore plastic pens annually and dump them polluting the environment. A regular
ball point pen has a writing length of about 1000 meters. As an environmentally conscious measure
FLAIR has two of the longest writing pens. FLAIR MARATHON (Rs.10/-) that writes 3 times more than
any similar priced pen and FLAIR WRITOMETER (Rs.20/-) which has a writing length of a world
record 10,000 meters nonstop that is equivalent to more than 10 Ball point pens put together. FLAIR
INKY (Rs.45/-) is India’s most popular fountain ink pen among school students. FLAIR ADDICTION
(Rs.20/-) has unique grip and smooth flow (low viscosity) which enhances users’ writing pleasure.
FLAIR EASY CLICK (Rs.5/-) is India’s fastest selling pen.
“A pen is capable of adding growth to your Life” explained Hrithik Roshan and recalled having used
a FLAIR pen in his successful super-natural-alien adventure KRISH (2006) in which the pen was a
critical part of the storyline.
Flair’s new point of sale publicity material featuring Hrithik Roshan is expected to improve the look
and feel of the retail outlets and make pen purchase a fulfilling experience for the consumers.
Flair exports pens to more than 75 countries. In financial Year ending March 2016, the Indian Pen
Industry is valued at about Rs. 4600 Crores which includes exports of about US$ 220 Million. The USA
& South American Countries are a big market for Indian Pens. Indian pens are also fast replacing
Chinese pens in Middle East & African countries because of their quality and superior writing experi-
ence.
SMART
INVESTMENT
News Track
Launch of SME Business Confidence index
SME Chamber of India (India's leading National Premier Chamber)has collaborated with MRSS
India Ltd. to launch a study to measure the "SME Business Confidence Index" for India. The
research titled "SME CONFEX 2016" is the first sentiment measuring mechanism of its kind to be
conceptualized. The formal inauguration and launch of the Index was held on 19th August at
Mumbai, on the occasion of the SMECOI FOUNDATION DAY. The event was graced by dignified
guests such as Shri Ch. Vidyasagar Rao (Hon'ble Governor. Maharashtra) ; Shri Subhash Desai
(State Minister for Industries) ; Shri Rajeev Kumar Agarwal (Whole Time Member,SEBI ); Shri
Deepak Kesarkar (Minister of State for Home, Planning &Finance) ; Shri Arun Tiwari (CMD, Union
Bank of India) amongst others.

SMART
INVESTMENT
REVIEW OF “SMART PLUS NEWS LETTER”
Amazing 22 % RETURN SMART GAIN
FOR SMART INVESTORS
Company Reccom. Weekly Ch. Company Reccom. Weekly Ch.
15-8-16 High (%) 15-8-16 High (%)
Cairn(I) 195 211 8.2 IDFC 57 59 3.5
PFC 222 241 8.6 Ganesha Eco 189 211 11.6
NMDC 101 105 4 Manappuram Fin. 86 88 2.3
Rel. Capital 436 473 8.5 Voltas 364 380 4.4
Tata Global 137 141 2.9 Greenply 265 272 2.6
Bhel 138 142 2.9 SBI 243 260 7
Hercules 155 164 5.8 NMDC 101 109 7.9
Gabriel 105 118 12.4 Emami 1132 1197 5.7
Aptech 95 116 22.1 Hindalco 146 159 8.9
Tata Coffee 122 125 2.5 Hindustan Zinc 218 230 5.5
Subros 94 97 3.2 Tata Comm. 478 508 6.3
Stone (I) 68 71 4.4 STC 112 116 3.6
Krebs Bio. 75 77 2.7 IDFC Bank 52 54 3.8
DCW 28 31 10.7 JSW Energy 80 84 5
VST Tillers 1822 1870 2.6 Power Grid 178 183 2.8
Sterling Tools 692 769 11.1 REC 226 240 6.2
Bharat Forge 819 854 4.3 Veto Switch Gears 128 133 3.9
Goodyear 531 569 7.2 IOL Chemicals 136 142 4.4
Piramal Enterprise 1676 2036 21.5 I. P. Rings 169 178 5.3
Bharat Ele. 1219 1247 2.3 Greaves Cotton 136 141 3.7
Hero Moto 3312 3429 3.5 DHP India 129 138 7
APL Apollo 939 1008 7.3 Delta Corp. 127 131 3.1
IGL 674 701 4 Astra Micro 116 119 2.6
Yes Bank 1290 1337 3.6 Royal Orchid 75 79 5.3
CESC 639 661 3.4 Crompton Greaves 172 188 9.3
Thanuka Agri 672 693 3.1 APTECH 94 97 3.2
P & G Hc. 6809 7112 4.4 NCC 77 88 14.3
IndiGo 800 884 10.5 JSPL 81 83 2.5
Wabco 6203 6429 3.6 L & T Fin. Hold 90 94 4.4
Britannia 3291 3364 2.2 Dynemic Prod. 65 68 4.6
Finolex Cable 413 434 5.1 Menon Bearing 76 79 3.9
Adani Port 258 270 4.7 First Source 44 46 4.5
Visaka Ind. 153 161 5.2 Jain Irrigation 74 77 4.1
Tata Chem. 493 548 11.2 Star Paper 81 85 4.9
Crompton Greaves 83 88 6 Karnataka Bank 142 145 2.1
Jamna Auto 204 210 2.9 Tanla Solution 33 34 3
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Grand Success Story of
D(en)O(f)W(ealth) : Dow Cheme
Date Stock Reco. Target Achieved Return Date Stock Reco. Target Achieved Return
Rate (Rs.) Rate (%) Rate (Rs.) Rate (%)
29th April J M FIN 47.5 60-90 77.9 64% 5th Feb SWISS GLASS 118 150 138 17%
5th May VIPPY SPINPRO 20 25-31 42 110% 19th Feb ELEGANT MARBLE 95 125 164 73%
8th May CONART ENG 22 30-32 43 95% 3rd March SHIVALIK BI 22 27-35 33.5 52%
15th May MANALI PETRO 16.5 21-30 37.2 125% 8th March SUDARSHAN CHE 86 115 383.25 346%
22nd May SUZLON 25 32-45 28 12% 21st March J K TYRE 83 105-135 114.4 38%
26th May GOLDIAM INT 28 38 93.7 235% 21st March NHPC 21.85 27-32 27.75 27%
28th May PONDY OXIDE 75 82 155 107% 29th March LLOYD ELE 235 300 285 21%
9th June INDUS BANK 810 880 1212 50% 5th April ELECON ENG 59 75 67 14%
5th April MAN IND 68 85 75 10%
18th June KEI IND 63 90 128 103%
8th April SURYALAKSHMI Co. 112 130-175 165.5 48%
18th June VRL LOGI 305 335-350 479 57%
8th April SUBEX 10.1 13.75-16.5 14.25 41%
18th June KALPATARU POWER 241 270 292 21%
13th April CAREER POINT 118 135-175 125 6%
18th June SUPRAJIT ENG 128 150 219.8 72%
13th April KLRF 58 75-110 67 16%
26th June IBULLS HOUSING 620 675-900 822 33%
26th April BENGAL TEA 50 60-65 63.5 27%
2nd July MRPL 76.5 85-105 93 22%
29th April WALCHAND PEOPLE 106 145 174 64%
13th July FSL 33.25 40-55 54 62%
3rd May IOL CHEM 103 150-250 154 50%
14th July JAIN IRRIGATION 75 95-125 83 11%
5th May INDIGO 1075 1200 1095 2%
28th July BAJAJ FINANCE 5150 5600 11770 129%
6th May PPAP AUTO 144 175-200 164 14%
31st July JINDAL SAW 78 95-125 85.5 10%
13th May HP COTTON 53 75 58 9%
3rd Aug HFCL 15 20-35 24.7 65%
16th May GANDHI SPE TUBE 235 300 352 50%
5th Aug SUBEX 16.5 18.5-22 18.35 11% 16th May BAJAJ ELE 233 265 282 21%
17th Aug J M FIN 52.5 60 77.9 48% 19th May ITD CEMENT 127 175 164 29%
11th Sep NAVKAR CORP 166 185-190 225 36% 19th May ASM TECHNO 195 220 203 4%
11th Sep ECLERX SERVICES 1425 1600 1655 16% 27th May KUSHAL TRADE 145 175-225 161.55 11%
11th Sep KSCL 457 530-550 543 19% 3rd June J M FIN 47 56-59-65 78 66%
24th Sep GHCL 142 165-200 268 89% 9th June BAJAJ ELE 232 300 282 22%
6th Oct CHENNAI PETRO 238 275-350 298 25% 20th June GAEL 58 75-85 85 47%
7th Oct HFCL 16.7 20-25 24.7 48% 24th June IOL CHEM 136 175-275 154 13%
12th Oct ARSS INFRA 36.5 50-54 114 212% 1st July 16 IL&FS TRANS 78.5 95-105 87.55 12%
14th Oct ASHOK LEYLAND 94.25 105-110 112.8 20% 7th Junly 16 NETWORK18 45.5 64-71 48.75 7%
4th Nov LLOYD ELE 274 315-350 329 20% 15th July 16 SARDA ENERGY 141 180-200 158 12%
16th Nov TANLA SOL 36.5 50 52.6 44% 22nd July 16 AARTI IND 553 620-625 613 11%
21st Nov PRIMA PLAST 83 100-125 245 195% 28th July 16 MAGMA FIN 106 135-140 115.2 9%
26th Nov PRATIBHA IND 45 55 51 13% 3rd Aug 16 GARWARE WALL 453 535-540 540 19%
16th Dec COMPETENT 140 185-190 182 30% 5th Aug 16 ION EXCHANGE 327 445-450 345 6%
21st Dec SUN PHARMA 750 1000 899 20% 12th Aug 16 IOL CHEM 137 175-275 142.75 4%
8th Jan ASM TECHNO 195 230-300 220 13%

SMART 22 Aug 2016

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

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Last Recommendation Review

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BUY.... BUY....BUY TIPS OF THE WEEK

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NIFTY FUTURE :- NIFTY FUT SUPPORT AT 8400-8350 AND RESISITANCE

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UPL :- BUY UPL ON DIPS TILL 630 STOPLOSS 620 TA 675-90

RELIANCE :- BUY RELIANCE ON DIPS TILL 1000 STOPLOSS 990 TA

JINDAL STEEL :- BUY JINDAL STEEL ON DIPS TILL 82 STOPLOSS 78 TA

IBULL REAL :- SELL IBULL REAL ON RISE TILL 88 STOPLOSS 92 TA 78-

DELIVERY STOCKS :- BUY SAKTHI FIN SL 35 TA 65-80

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This Weeks Recommendations Last Weeks Recommondation

:::: INDEX LEVELS ::::

Lumax Ind. (Rs.677.00) (Code:517206) :- It is one of the

Hero Moto Corp (Rs.3359.00) (Code:500182) :- Munjal Group

Sensex ends three-week-long rally on global cues

A range bound week with negative bias

Huhtamaki PPL (Rs.280.00) (Code:509820) :- The company was earlier known as

Inflation and Share Markets

MIND-BLOWING RETURNS IN OUR PAST RECOMMENDATION

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NIFTY FO RANGE @ 8603 TO 8747 POINT IN SHORT TERM…!!!

Good return by companies listed on SME platform boosts investors' confidence

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Grey Market Movement

KNR Constructions : Strong order book, healthy profit

KNR Constructions (Rs. 697.00) (Code : 532942) (F. V. : 10.00) : KNR

Sensex Predictions : Dt. 22nd August to 26th August

22-08-2016 Monday :- " Remain cautious, as Sun-Rahu-Venus, Mars-Saturn, and Mercury-

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