Scribd Logo
Upload

Welcome to Scribd!

  • April 6,2020

    Uploaded by

    Kesavan
    29 views18 pages
    It is a share market related book. Read for more knowledge

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    It is a share market related book. Read for more knowledge

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    29 views18 pages

    April 6,2020

    Uploaded by

    Kesavan
    It is a share market related book. Read for more knowledge

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 18
    HANAKYA eae SS ne ee) IB COs UiLE Downward volatility in the new week usc has good space will show for uptrend at Rl. 90 limited uptrend from Rs, 10.30 Tera eope developed mart the ‘orontvie (COVID-19) ales his ena he {oll on the public and sconomic Ife. Stringent Tockdown wa announced est onfif Byte, te irs hd sped to god Joel and noth ocklown andresttons sy peal foranexiended ped Frat, regatats i developed marke were Finacial sto Yo the Financ ress fom tre slowdown In the enter part of the world. They ought tat his ep wil ot reach them aod ‘evelop taped, Isplated and quarantined "This was implemented {developed goveraments wees discussing about Facial oat rom ster factor, whol Dar the fost of testing, health ‘nsurnce i plc ll Us that the’ developed Iarket's pots, public tem ae conve C0 Market PME Sete te (ome ah pesos This approach is taking [CA,B.Com eo controlled in Asian (&herteam Now developed ‘onde The number of| The Asian governients Find and tees people at Dealing in commodities Lhuy India’s ONLY Newspaper which tives detailed fundamental and tech analysis of Gold, Silver, Akumini Cotton, Sugar, Jeera, Crude, Copper ete Available ONLY as an ECOPY Buy onwynw.chamakyanipathi:com’shop w RS. 14.85 is worth keeping wwatchon will show good uptrend from the current level What this issue cover: Exclusivell Market analysis on Page no. 182 1 Market Whispers! Which are the buzzing shares inthe market right now. Read on pg 1 & 2 '= Chart and Technical Analysis «The ONLY Newspaper iningla to give such Profit-aiving analysis with targets and stop loss 1 impact on O14 & GAS Seetorexpiaiedon Page ne. 5 FF Rescerch renoris of HUL, Anup Ercineering te rom Inc's leading Fund Houses on page noer8 1 Analysis of Aliya Birla Sune Equity Fund fon Page no. 8 1f_Tho mostimportant news and Chanakya's Take on this news on Page no, 8-10, '§_ Only newspaper in Indio, which provide “Trend analyeisiol Dew Janes & Currency You will aso find Analysis of Nity, Crude & Gold trend analysis with Pageno. 3.8 15 rQets and stop loss on nd more people whe regard for Umerplyient bei 8 the US dung the second ‘eck of eke reached TOnicn Anew sed 05 ‘lume in the week ended Merc 28a many stores snd reser oro In India IHS Markit India Manofacsuring Purchasing Managers the economic ath ofthe mamuactring sere lt ‘our menthiow of 1.80 denotes expansion and below 50 denates onztion in th PAL The srowth im index his ‘ainda he SD Manufacturing sector elneted vocend dete in ew exp odes with Invernationsl demand fneringan the COVID- 19 cues PMI iil be tic iow inthe th of March dct lockdown, Alte posting sharp ns in the previous four March 2039 from 3435 in trading sessous, the February 2020. mich markets once again expt, 1 reading above 50 Continued on Page 2 sc Oe are Goulube nt Publication to have lis YouTube Channel “To get notifications for IPO Analysis and Stock Market analysis & SUBSCRI Keep a watch, will show good uptrend from the ‘current level ‘good uptrend expected eras Senor aia here aremans 0 are ‘ling tener the market a his pot Weare ‘geting plea ech avs ony onde Sats wher on ey ae tro funds Amnestinprtan, shuld be ey din soe oli ine comina day. “eApalo Hospitals Enterprises: Apolo Hospi nlp Li (AHEL) is Asa ope of the leading ‘neared helcare serie proves havins presence {nop Phmceniel Primary Cae Diagnose (Chink Telesis ah ara uses (Globe on rang, Cole er Nersing ae Com! aed on tage 2 en oe Puy Cipla The Scuip closed Jo: Rs. A49 andthe snip ows space for forther pire 20-day Jvaich is at R42, has sma. ver the Stochastic Indicator are showing af Possibility of Bulihh Spmove in this Hock You can take af tock’ with «sop Tos OF ReA25 und tater of Rea The next expected hows positive Jerossover over the 30 450, has a pltne seek SMA, at Rs. 138, Me four show a Steal S081 and ‘Continued from Pagel countered Intense selog Boba shutdown sve to eres slop oi fics gered fe sk The Sensex dropped 1.75 pois ord percent tend 26440, while te is 4 perce end SVE281, mca wocks ‘ters the wot it Glob ‘pies cried dt all In demund because ofthe lobo stam, ‘Air some moderation ‘oahepasttensessionetbe selling by Fie prio Investors accelerated. On Monday. they sold shares wer ncary Rs, fring eve the ence impact dae co te sudden alto scomome acti last week, the Fond fad sid the lob catony hal entered ‘eoesomth willbe wore ‘ain 2009, The Indian markets jumpednesly 4 percent Teka spine os session, afer the poitive CChineto sconeraic dave sed hops frei ‘he glbal econo, which ‘is undergoing shudown combat the sea ofthe cca ete, ins pers end B29.468 whet N80 ined 317 pins 3.8per en to etd ae 398. On Many, bh ices had eco 4.5 percent China's elcid Purchasing Managers infstrury 52 in March convene estimate from ‘China hasbeen encouraging is companies, (o vestat reduction anid ‘hat global phan gms wilt he able to teady 2 pose Covad 19 asc in ecord time Kept seat pstive ‘Overs ness old shares woh 4c, emeaic investors ood at Re 3876 crore. Monthly forsign catfows from sin ney ReGO00, ‘fore fm Magch a8 the highest vee ‘On the whole the S&P BSE Sensex husroprtdits hrpest quate a ih the" bette inden Siping 26 pecan te Jaane Aah oD2 pa Thema necro hoor phase” flloming pac tagered by the tanya seat Cone Ataf Serene {ro ites ora ‘de cose bee mike ry fo ha "he Nifty, which declined 29.3 por ea, ‘teorded iy sharpen {pane ses ene 1992 garb ad (allen 2.2 percent. The Sime waked 38 pr eather Indian markels dropped per com on ‘amen remsncdonire coat he Conde 9 fandeie wovld take 9 Reavy talon book smarts arose Ao ad eon between 1 pt comand percent US President Donald Trumpon Tesicy wand ery vey pail Wo ‘sees an hegovernnien projected that he oueesk ould Kil up 1 280.000, poop the cou. “The onshmark Sensex zoinad 20g | peren 024265, Nifty 50 index fell 44 ims oF er cen ed 8254 ‘Netty 90 pe eet of heir components ended Investors have been tthe nln te this woek, wth the marae tumbling 4 percent 09 Monday. callying percent co Tuesday. anther ag CHANAKYA India's Top Selling English Investment Newspaper with very high Success Ratio Want to know what to do in these Yolatilemarkets???? Subscribe to the Yearly Package of Chanakya Ni Pothi-English on www.chanakyanipothi.com/shop at Just Rs, 1860 ‘coomicatvies shape Deparment of Eeonomic Social Afra hwo ‘i hl econo 2m th ‘soa sin to T pet se reversing tse ores (62.5 porcem growth. The susiey said growth could couruct further if activiiee are extended “The coming Weeks the smarts ily towing per the (echicavehart, Falter detoongoidays Inde comigtvo wecksand fedacteaals wenk giten lockdown and inten ‘world viru cases, “the technicalchost anulgsisof ou an hat hen repeted penton eto N30, 8300 the ast day, noe et the present pattern as bearish comtoustion ith etary tutor st and et ie ahowe 450 can be taken a. a0 ‘psi reversal sign, this could be a vuling ange 1A succesful domestic ech and scp the economy om Api 5 semper While athe ame ime the world could tho witnewinprovenst in falling below Monday's ‘osing on Wedneslay, The shut on Thursdoy on the ‘ccasanof Ram Naver Esper i des re fnxo mood weary fewer their postions giver the lta encame. “The: Indian markets cine ure tha pet ‘onimid i fet er th csrncggt ond oak immict of the Covid 19 neni, whe fas 08 {bfetedmorthan malin people sll. Investors ‘Serle isappoiedaer Modlin ie vdeo messes ‘ssined from offering ty case 1 Help epi the The senses pr soi town ora cms, or a per ent. Te ity tet Opis e200 er cen, wend Te Ny nde f67 Mice eeek ShistmeSonet 7 or ent Both ines hve Sbsled ge of es Kearsesks rks enper Siivosens ebay athe PH would snirceace coment sept to cantante spread Govier any neon Shether "the. 2103y Tockdows "would be WW We govecnent in ae pst feet peage pes tweed done men gb {he sock bcos fie | a iden stoppase of SAUD Advertisement Rates in (Chanakaya NiPot (Inside Page) For Investment Adssor/ Investment Senin Sem (he 42 sro (oid RE aD) +ST Quaterly Results of ‘Mumbat and Gujarat tase pate Yocom apa foprel Mavucnen anda spulenologiel nudes, sen ool & prec reseach “This sock allen aver 25 percent inte none mor due teCoronn Vis farsi nd dept theft ht Hops sins: wil he anaes by the vis sats if tality bet cu of (On acount of incensed ping, heer esas sdinroned ase, AHEL vies inne ints spl nd pba searen's prota Substantial decfunded capes or aequsitions or ‘nati o rprose the EBITDA margins leading to the higher net add everage are sn conerne {© HPCL: Coronavirus subrea basivpcted dos demand ae HCL. face yolany in sl prises Me stick as fallen by abou 87 percent Since Nov 209 hgh, Cras ries hae rece fallenothcrlowest ia seas) tee months aftr the failed decision of ‘redhton ety OFEC rains, skin ers abet “lol economic growth. Trade ti of he US ith (Chin as lat ea farter doing dvr of the "hs som iho mpt ra dean fant hence ns pies, “Te sry opin global cade pies inthe fot Sneek prvi ts OMCs alae OSC fomser igs, [Now swan, poame mars eald be estore al ing 11°10 be the lat bo etary ne firings ar highly seasitwe 10 ehsnges an the ‘urcting ain (©) HUL: Hndisan Unilever mie sengaged in fast-moving consumer gods usinosses comprising ‘nye und personal eae foods relveshents. The ‘Company’ sexmens Saag and Detergents which include scapes, detergeat brs detergent pods serratus and eer FHUL lstoxe 340 bass ott 38.9 percent i the ksi Plena excry over the pa 6 Jer ragged by 2 sharp deeine it ois largest ‘rads —Li a febuny — hoger econ lovaguater ef he marke, The Realy cae category ws impute by delayed ‘vis fr skincare and cing oreton in soaps, Sd the Personal wash are ln declined it QS Rural dctmand Is been weak duet lowsrinsems, srcovery in demtel would ike ster so thee quater Hever UL has unity various sich ss passing wth aks nd ancl partners snd ote addional crew wholesales in ral Inarkes fo ease out liguldity concerns in rade (© Infosys: The company has comprchonsv st of lent of Fortune 500 companies toss erent ‘otal and across geoprapics Infosys basiness sk pole soppy teat rmche pon, {he large ele oporaons ith sled rosoce tse of248.48 eppes (son Deceber 31,2013, sroven project execution tl, ad tong ofsore deliveay capability Reveaus” growth ba bees toderate at 10.4 percent with constant cteney ‘row 7 percent dng hes ine most Fac 200, sppored by ttl ore sve ore ‘sas reser than LISD 50 milion) of USD 7. bilon fs on Deserber 31,2419 The enti strong in Tage deat wis despite a caus oy ono the revenue growth puilunce upgrade indices Insises as usa at uys despite lie uhiseover related drat, There wer ele any neptne ‘eat epetewsstons nor hte tte ae fo age ell ote creed Wes i inde DR a ae oo IB COs UiLE TRE ee te Nifty closed at SGGLARERTAY Stochastic RSI ar sand the index shoe showing possi spe fr donee Tat 7563 beast move 2D.day SMA, which ‘You can take a stl ‘at TO7SH. has sill nox sveape Insts show a position im the inden Stossel over the $0 day Dezaive ead Residtince 09, th SSMA whichis 9080.) RSI vac $3.45 ad Me agers willbe ot 8274 "Toe TO-wesk SMA, at Signal ine his shown a al at sport 7974. 1417 alan slow the clostover ever” the The. nent expect level the ucok SMA, MACD. spgot level i TAS, 539, ‘oth the Stechasue tha level broken thea Il the four moving Indicator andthe 7563 serach "Technical Analysis Target [SUT sa Niliy N74 7974 786 Fina Soars [Weyer peace] a alls bigest one-day SGT S SSUES caer mnars oem othe mijor US. sock inate give. ingopmn] ‘ally ever soothed Hndsespamtedionlower | naiyaicat bow Jones] seston who'd grow Waa S indstial Average ;| _wertied over financial = Wall Sueet oo Jey Us Tee ws| ed job losses in the tiove thst Indian] eRHEY ex Investors and traders] Though West Texas meee atic [as MP Osteen S520 avers mes fll 298 | gu orb! shen SS a points, implying on = mt the pice the contacts [cningien tins 297 FGY opine gale Tor ule at ur owl ~~ fovints. S&P S00 and he ie indees, Jaen Oneoeary Hrcsdng futures sro THe ovemight moves wy coogh cys Irises amt exer Hlraenael west. apse ety tioecey octmucsbadpoimedte fete dyson Thales hger “Technical Analysis Be, [Stop tase] Target | Tarnet Dow Jones | 21000 Buy Dr Reddy @ Rs.3147, Sell ree re Deep doe! A wc, nce ect Raat tid ay SA, sh a 0 wh SA ama. pty The Sop cot RENE AC on ee Eee tenet iat 065, howe a, baths the Say SMIA which i+ average inistrs show pnt iat stock ih He, 36 bas wend Ee on of Re 002 The iOvesk SMA RST Is af SAD atk ager ot RDS ms. 291 hos shown te Sina Ine ban stowna The nen. expect Postive crossover over _crontoner aver the _tevel i 117 India’s Top Selling English Investment Newspaper with very high Success Ratio Buy HUL @ Rs.2154, Sell @ Rs.2431 Wine 50 day SMA which ts TEE aesmun eS POTHI Soplme RA 7670 5 “Target Rs. ‘ite our moving serie licatrs histo RSL are sve cat ike bay ration this st {son fns of Ra 0 and tnd the rp nDay SMA. heh “he Senp cose at Doky SMA. which tet RITE hs shows 8 poilive coupe ates ‘rhe tweek SMA, ae how ‘Soptos R103 Target RS 2481 Alt he four moving Rs.156, Sell @ the 30 mech SMA, HR, RSI i a 4239 and ina shown tage of 22 re ext expect is 30 Vis ora bt show a [ihe sot sia ech ec Ve ng ta, bar shown 3 ‘Both the Stochastic B positon i this stock with & oes Sept erage instore show 8 ali ond Boxy the Stochastic Ineaior andthe ‘Slocarc RI se showing Sota is stork You The: nent expected DR a ae oo POTHI Buy Nestle @ Rs.15105, Sell @ Rs.17219 Pema Bath the Stsbate Tastee elena ihe “B-day SMA. which he 30 8Oek SMA, a RE. showing possiblity of Disa Raat, tan shows 8 40 Dulleh pitove. i is i tah em he eck Sata, RS at 428 a Wie ai Ceram sSeRieatOoetcstoret Tee ae enecnd ae unser er tonaner over Me hyo is ba eaiil i ae Torgee RS IT2IB he RSI ste 20-day SMA, mich the 30 week SMA at Rsv owing powsiblty of © iat ReIS#S9. hee dione IS) 1 pmlve eroover ovet All ite fowr moving Ihe 0 day SMA sti i aveageHnicters ow ais ren (SL Isat 4935 and loot 5055, ssesomtinctavtnens "Te tea epee Buy IOC @ Rs.79.50. Sell @ Rs.90.40 9 ee oe Hstows. space for fore 1 pamogy Wecator and L 102, has shows 399 bullish upmove im this. at Pen Tpit tS he ven sah, RS tan eo : Te. ieee uptrend. a BEM Stochastic RSL are 5 Falla wee ier Birr) Spt of Res and Stat 4812 and ae of DS the sige tne ba The nat expced India's Top Selling English Investment Newspaper with very high Success Ratio Granules India : Retains guidance amid current mayhem Amalysis by Emkay © Guanes wasured Inventors aout achieving ts in ffs PR a YD $125 PAT own FY), a ian manpower a wala logis lakown a Curent, the company's thes ton fans bt for he fda and expos ‘come rk on ang ae wekanccopey Meine f woking sormaly sf 2. GRAN ine at fess pice hk aR, threcb mt fis Meo tema on Cubs On espero ‘trough vrews ae bes nd cain OY eons TP 4228 GRAN noo oD Seappcs awe a OW tae Logis! and wanporet Doeets the company against Ponalis fra dsl) epi Retin BUY rai wide TP RDS. GRAN icone of out 19 ay impact sales Tre resumed, akhough GRAN. siallcap pieksandweare OW 1 tempera ind at posible prise hikes in EAP ‘GRAN highlighted logical the neste, Other takeaways Insacindisichesasvellasfor Carvey, SUS of the US __ Ala the US. company hax {coming raw materials, While business comes frm the 82H 2-3 months oF inventory fr all ths eapectedtosortout inthe aegnenl, which has a price products, while contalled ‘nea term sas for the la 40 excltion clause, while for the Substance products have 8-7 ‘weaksnd forthe casly wes of remains the company il mont of ivetoy. Some ofthe negotiate tre with jeusomers. Crude Ive caw materials (or preducts like Ibuprofen paracetamol) on Oe ‘Ser hind, cin nee ectiesnples ate Restrictions on Paractamtsenport .g eon 8 calc ei| ‘of Paustian ‘Agi els ioptioguctat in force, GRAN has male Cement all tre tfian plans rpresenttionsto he government shortage ‘pln fa) GRAN tliat expects nae ecrpion ce xg bree werk soe ast ele theyll im ni eee wit25% wirkforecapaciy. profitable than the US de to ‘Raw material pres camrise higher spot price Inthenear term, but likey tobe GRAN as suilceatinvestoy passed a: ia he US and is protected by & Matra supply ftom China “force majeure’ clause in Is sia inthe US cure sin ed hy he pares 1B) pein sup om locas (eV) a expected be stipe in a eoeple of ys. PAP (key aw material for Paracetamol) has been smooth throughout the Comide19 (©) Ren pois fom the sale of Omnicher JV will be resp in QIEV21 v5. QSFY2D sxe erie Industrials - Recovery awaited , global factors at play Analysis by fs Leading sot apa good smanactorer ve paral sot factories amidst Covide9 led Iocan eating demand Gob supply chains are also sting impacted ‘Ourcoveageuniereof LAT, Siemens and ABD have strong Talanceshets andre wel pice tence ese ough mes. The immediate fost ison (U) Safeguarding empionee softy and heath (2) Busioss contniy (G) Strong focus on ssh The turmazoued time 10 EPC plete LT sept ofthe norton sat Siteand ance on global spol ‘fine KEC eo Kap Power hive large overseas sence wilh 4159 extn rer bok, Dependence on nda sappy home Gages Res "mann oe chain may impact overseas manufacturing plans though verseasener ook, execution on scctonas8050% splychain demand Ye mute Payzr ike ish may sow dona gs part ‘ese witha i KEC/Kalpataru have 40145% of their global supply chain Excerps rom the rect ‘igntes trom India (2005) announcements by leading ‘which is” curently under Indias compass leskdown, I The gibal commentary RBI unleashes host of Siemens AG ABB, Bombe, RBI anounced rutple (Coca Coen, cit epricure tre cle deals paril/eomplete shutdown of fn era ating downgrade or Bla facts across eunies "he indus cu ‘hich have Been worst it by ‘While may ln Benet Covi 1 Jeverge na EPC plsyer. LAT, Gt demand emns weak Siemens and AL rowan ‘hullenge oF fatening Cov19 ‘oratrvm, month working curve throush Lockdown and pl rere fea nd re ‘oxi sancing Companies ate ove working capital tems fenraining from giving any efew menus which sal ep fora guste, alleviate Hii tightness. ant Supply chain moderately ‘reditessan ats EPC payer” stromed bulacce swt. TWh pases ike Siemens, Short eyes ins pected ANB ete have global soppy most ficient hin and factors te era ABB ani Sicmens have bas dou wl pyc ‘eat yet ones in ete [Sabo moderely assed fnd machine haiéing segment Chin Covi 19 impact has ‘sich may tke tie to rover started to hb wih opening of ove if the Cov oekdown is removed as consumer demand mayne ae "The consumers may hae wo Sat ep existing abies and thon consider nore dsrctonary spending. Projest business ending tad may ge delayed ailing carina sess, aggregate 20.039.8% cat in Fvurers TD Whist we can't sand wens on extent of CovideI9 feckdown we hve Bild 600 scenario! FY2IE earnings Senitvity. Seenario 1 — one ‘ther ee monster fl recovery ad Scenario 2 to ‘month complete ockéown with thother four moths for Fall rosinery We expe pri ting of lockdown and slow reves aor sigan ten Supply ein ‘lao tke bine torve, CNBC: nce pnd cds, ies ‘may tke eatin top Tonning normally, says CFO. Survey (US), Sty with strong alunce see compan, India's Top Selling English Investment Newspaper with very high Success Ratio Bharti Airtel : Still a lot of juice left! COVEDD to have limited ots tscom mater Spree expect BHARTT 10 npactonarnings and 1 PSU player), which game 6% sutseber shure and (Grventhecompletelokdowa scents the ned fer VIL 10 D6 revenue share from VIL in dia due Yo COVID-I9, net say alla. BHARETs technology -agnostie subscriber adds (average 2-3. However VILS kurta will devieesconiem well posed months) have” stalled thes segues shurp ARPU lnccass gan are hae fom cher 80 inguteby 1-2 (potentially 390%) along with thirds af feature. phone ‘Wihpsical recharges being mietoeumofpaymenssioserice substi ung eebas een asiit its regblawry and.deb| Exon VIL eer hecunen toclgial recharges rom 15% in obigitinns which could also financial woes weak 7Scicles the last 12 years W 35-405 ena BHART ould continue seeing sharp currently). Inthe current Further, even in the wort- subscriber churn, benefiting evuoument, more lechesuwey cae scenario of no govern GHAR sigiicaly over the Gata subscribers with higher soppor on AGR des, BHARTTs coming2 Squares Foner VILs AARPUsand iogcrseamrecaiees financial postion 8 sirons _onapig network inceaton aoa (90 daysmay seelonerimpoet. enough to Withstand the Serm. wthetéomer Were business However thevestoffease poe and in fot, could Lead vo caninustion, could pose a ib subseribers doing monthly sigitiantmakesharegsinsfee opportunity Tor peer to chase ‘eehures [ove WielieARPUot eeompeayathecitof VIL- Th mae! sve Aetanobciber) old ee sone eithereae our wokigs indice Wil BHARTE lve i sie foupindlpactastoprtctiese that RIIART could deliver &_ deta calstersl danage? Tom incor sbscihers (0k, marked rhe i exmingss we see The erment mkt ce [BHARTI has extended flee poten ciese of 39% tour fons a weakening Hud plies incoming cals nl th Ape20 FY22 EBITDA estimate to the telecom market wil erty Wilk adtonal ISRO alkene, INReDIb referent 1&2), pene BHARTI However ited This could impact IQFY21 _ARPL = Potential to reach sho foe repression on tre revcwue/EBITDA by INR2.26/ INR2O02 Fronts: () erosion of Bhar INREShic.cauvaentioneaper "Therecempeiceikewillisy nate’ value in SOT. which 13s, UAeHHARITGARPLIWINRIOO INRESSbarebe- 7" of ow TP.C) Against this increased data (IQFY2))despie the COVID.19 network so increase oF 2 commplionsholdseevpgrides impacts an yes ineshages 2W/kperstedue wth cin VILs im recharge values, tus, should ocean pact Se to tnaneies and i) invement ritigtinethe impact n4QFY20) physi tere charge. Farther capex of INRSO for 25-3 rsh TQFY21, we curemly estimate 9 10E ARPUincreiseshouldpan steaddiions io aceommedae the 135/195 esemiegromhon QQ cutannaly de tori beneias _tiloudonthe ewer Agi basi SiO subse (10%) shifts. oveal seme Currency and erude 9 higher-ARPU mobile EBITDA of over INRIO000 uctuationizpactimachlower broadband plans every year “Should ail he sipniticanty niger tomamage i nsremena FCF generation overlooked shag een saddled with high cine. peru aehition fa dpresed EBITDA, which thas suppressed iis) FCF Homever, we expec pata ‘when tos ha he oppor longed prod. Wiha are a of the hens ting war AG nsvorkin pie. ncremenal tape shuld bo mea, white EBITDA should see » marked This. should provide a0 ‘oportuity ta deleverase he ance sos. Susan = feapect FCF (post interest ince oonerINRShin FY22 LEBITDA growsio INRO2ID) fmNR2Sbin Yoga APU. oC Ebecomingreteat Over the last 10 years, DRAFT RoC was try in mid-single-igh euch hyper competitive landscape and feontinued capes —towaed fechwology “advancements, spectrum renewals and ‘emg competion and limited posaiiiny of w new player's nity. ARPS could. be ‘ermine wo at leat cover the WACE: near iow, EBITDA, SAINRG2II BART game rou RACE 19%. Rik fener intensity ‘We do oot see any mitral investments SG happen ver The nen Years a a ew se ees for SC a ew ad a, a (b)inremental consumer eve $s init, ox data speed could cenly bea by AGinvestmers Faster unlike nthe past when AGimvenment van ineviuble de tothe ey of 2 ew player we sion't see any pressure om technolesy or" spectrom ‘Viluton and ew Onrestimites do not cate the pote upside for BHART Fr insenal ARPU oho mark sae ais ut Facto a the AGK Labiity impact of IMB acorng o BARI) fas against Department of “ekcommunicite (DT te oF NR#ASD Inher ce, ther Would be EBITDA giveth ppm EBITDA fINR(2I sin ‘our ARPU workings) could steal FCF yield post inet) (OF 11% Than 0s EVIEBITDA, ‘oulddeivee TPOFINRO IO fer {Seeing in th pet har Int ure this des ete the polealial deleverasing nefits. We mitain our Buy ‘ang with SOTP-based TP ot IMR, sing Ta tocar the incremental eunings pide) fn India wiles EBITDA and Naat The recon sharp TR Stseuety BHATTS P23 ITC Ltd. : Buy @ Rs. 172 depreciation sould cease ent ARPU shell seach over HART USD epoch and NSD rund) awe fed 8 piatee-of is Afton ween Tabb ail tow as FYI | mune etmear vines nierares acto Wehigherwe ARPU of INR2O0 when dts | Gide geld nig ton 3 pore: However, we donot suber (oeng RARPUS | wa grupstae, IC Lidia ‘pet weaning input The were aly 208 of total | rane aongh mac UBD asecrsiatd lnaacapers aati’ vf ey. We | ohae ae Compe lag Sorte 108 INRapecaion sce seony hhllond of an | tenet cenidhare a nena isiauyruie pice acton over |" Awough the company i Sis 26% of BHARTY'S the next 2-3 quater a VIL quit noha sy tei USD deromined while sttempts to sty aloat 6) Pandan gees Mk bese Infla debs 198.'The ship geerangsaricenccnh ow o | aineyey eoermen Sod rection lace pes col secs Ih weguaoraonit | te due aceses ms is fom in trvee sofas in he but indy cates ba oe 1 ‘boner pariclry Nigeria, "This could be ehragh (a) | tetwdeteeote ings and Cad ponipeid ARPU inrease, (©) | "Toa ua TTC hi TMowcver, BHARTY's FCF tncsing dbo plans aad | go increasing bay further poltive position and lower (Chninamechgepame Ai, | tpaciy tn sigreuer bt Ieeerge shld have Limited the TRAT cman pe on cen lh om ner ing for pics teed tng dan | PUD ie xpectarngARPUncreme planc'and increased share of |" ™'Acworing o one ofthe cmarttatre i Salue-added services tke | aemenl te MD of TC. "We believe that BHARTI enetannentand barking could | etedowochaturmner of ons mia vinge aie fred ARPUe {a cin FMC i yom imcpetne ofc SC cocome Keven growth through [3 eis Tomine Te mmttaeare | Tecan tv fre ants ive viendo RS 5.75 posh. Thsbook vl of the company 49 per share. The Aven papal a 302, ‘Theos ality abe management is extremely prsfessiontl, The level of Feansparency and corporate overatosseateriely god. TTC has many superba in daplber ialie eecreoeg intr of ne tums (On a teyenbe of about 5K ‘rmeplosithas peed EPS oer TOpersha eho PEs Wo 12 foci yea.2019.00 115 per shate and expect dividend oF R86 198 pr sre. “The rie of TFC Lidcan go 1 R228 levels in the et | oa (Disclosure: ‘The analyst hast hong ‘ecompan aendatet sae ‘being published and aso has family holdings inthe -Janak Niranjan Shal, Mita Fiance Parmer Wealth Favisor Sch Regintration No: TNH000001717, India's Top Selling English Investment Newspaper with very high Success Ratio Bharat Forge : All global operations to be shut Recommended Stock for Short Term = erica: PVS, Aerospace an Arcot ‘Aluminiun/ight weighting, “vhs xo won traction be Fo eneit from strategie” O Pasenger cir I expects aeteaneeeeat neeint strut shift globel supply Subsanal owt for BHF in ey ‘hain Bharat Forges (BHFC) PVs. most OEMs gall do enone anagewent adesed investors S&C want anesthesia Srovacasemcaate Ccihanupionisbusiess Al Mechanical pan. aera ie operons in Indi and EU BFC is working only on sepegrenereeenn _ Sol Re shut by Komori 27H ea nied pas resi om er Mars) in Tine wih veguatry INhstor margins Sem anaes feutrement ind OFM cwsomer Aerospace: Given the [_' _“wmmsmee [ss se Se ‘down, stil tre of te components ‘BHC isthe osome uc on which DHE waving. this shisdowotin tong eveit_ SEEMED has Jonge Jad ines. frm he slsepsactoral shift However, itialeay sein new Irie slobal supply cindy cosimer addons cusomers | Recommended Long-term Svategy and Stocks ‘nad. OFAN QtiontscittAtoininly | Tes am uean aout septa i suns Key init: ee eee, | Seimeevm arms nrsamannor tr mma GBHFC alps in nia growth driver over next five | naan neeetaminein vere sh frm 23nd Marchand 983 I working oa PY moxel, Nae eee vee AtL hich would be 20 launched | Srzstenmerennnns tnt er eematintmntai Stat teee Pe bach mercy ‘SSntcmmamichamnaenreasSnanrtentrtaasooncee Ge ee eee ect ceiaral Rimdiiies Vale HEN ty Seta Ren wie aie Soponreqapeateicn espe ese eo een cgey inverse Seer ual foes con (amey Sic mrccan eter Seiwa torn femasllacranp apyrodeonn | cting POS sd ah Hows Saas prcneas we ough peo pence hota | ‘providing stimuli, which should achieve this target in 12 months fi se hose eae sen Sranion prt ta” hand es = = iShares MemearF 2am Aditya Birla Sunlife Equity Fund of 34 months in the global EPS by 2781244 w factor in] seuionkathe inked Thisycheme as NAV of Re, Stoned it the ble fund Sconam.sniioteCiernn, feb wedesngtoaiot tr |ls¢qy'manl nd ena 42900 tess Remuera reed Gvissmmnerpooire US Chas 8 wus, stale ea [love ge caret panei he 35840 oegtmtpa Ti aan Son Manse ‘emerging stronger like previous S€€ment and impact of |] current scenario. Also, in the — fund manager charges 1.116% for Rech, SI, Axis Hank, L&T, HC | Gnerylcrinciohatcaunogy conmvinelaclshndownsin [Cura caus feta tsexpenes ae fre movatoncqtesand ll osatons mera ands hich foram Mmm ivcimen Rs. De of Rs, BOE per elie et ene The ele ts turned lifer 10 sd minim sol yas to 2 Megami tation ipenctir measbhnard || mua Met aes ianneui he 00tPoxte trciy Seem en ey Sobers om, Sau sau ts gen Merce | Ra i inn eth ocarcin sulk || mtny the tand cee eg 10ST There no oxi , “© HFC his sung tlance i challenging, we Peeve that [|p In Or ha he rns HUE Bak _9.25 Se shes sith cash of INHtBR and BHFC mc trp hn DEC Hank 9.0 INkrhofundrentimisin nd, eeviows cycles and. would RE [harti Aire. Susttavtrmasima te Cege nongs ih re He sa70 (eM | NE ane cxyevh futher dowel of 10. seri rene sean The 0 ist woieeaer C20 guidance sochtadsat 2147421 — Iinly 400% e1zakunisive39niwCvI9), Eom EFS eatin RS ‘OAfier shu fallin E¥20, We lover our target mile stulsetscpmentscontittgn to fom 23¢ 0 20 factor the : Jan 805 Giant 52.70 % Comol evetuewouldie sat HSK of prolonged impact of eae Large Cap 19.37 PYancomol evens ‘orenvint atta By with ee eh ima Gap ea | {Q Foca seus for eat five ager price of INRSAH (20 Ks TIS core Jeane HEC is ocunng thre _Mlir22E coe EPS), Beostmei s * ‘Small Cap 5.34% Sg RW Plo RT Re Hs Hs UO ee Re We Eoed pga ee Ree epee eat Reale Ne Oe The gallook for domestic sel poces, hich aca ed i thin eck of March, 0 sppeur bleak, Domestic oe! prices, which been fending a4 premium to erat ps, wl face presre asthe lockdown Teading to 4 build up of ‘CARERatings cyst se pertormance of domestic tel makers is ely to be adversely impacted in QIEV2021 as slo Covi 9 prdeic fa the 2a nationse Ieckwn, shelocksinen sel pissin {he mont of Mach ceicted ps ea, Wile hove in Far Eastern counes cooled off hy percent oan erage. This adalat edo domestic rcestading as percent Premio iothelanded pce ‘aca fra comin the Far Bost, according to aly dat. India's Top Selling English Investment Newspaper with very high Success Ratio Company News and Analysis Covid-19-led demand destruction, firm input costs to impact steelmakers Apart trom cooling prices, the impact of Feokdown on demand and fing fern oe ely te pt forte prevsre on foments ee price. The impact on pexfomance ill nto be fed by demand Toss and realications, bet also pressure on gin. The fate is expected o be led by higher not pcoe spat fom saber steal ping The ageressive hing tn dish ill hep icon ore xis igh nthe wear te feel analysts, The ‘dan ovo an oa sping ng pris se ‘Thos whirls take ahi pressure on marine say iteify with input ‘nts remaining se fn China wow al mean higher Chinese exports, Chinn has recently increased VAT rebate on exports fom 9p eat mean reduced cppentuites for Indien ‘xqoners Manafictersas SSW Steel, which have exposure 10 export may Felthebetcteny ins atin Europe too Inventories and. Biphor input costs, the mamas ms S08 a8 impuct en thelr working capital requirements wl Not surprisingly nulyts a Ekay Global 27 aiemgrig=\ maint contac url inQIEY2) and connie the soe vec FY. piven he one of Tmonsoons, which Is tational a sot pid Analysts have been ces fr Tata Stel, 15W SPL), even thence teal ar 2 es os Tata Power to restart Mundra UMPP units to supply low-cost electricity “a ows has decided mea powerpc (UMP) miso supply low-cost ‘levi. Ts comes wa time nbon there’ ising etand for cles rom consuming states. The company had In Merch brit shut three of ts Mande unison ak of revi rif. The’ private. power producer wil restate has heme aif ‘Comtering Inia’ ‘resent coniton hen he Sua shel npc by Covi 1, sine for toaibattothe mig o the coumey in this nation: Builing exercise by supporting and rvoning poner plans ike Moncea UUM, ich con poe low-cost power 10 somunersin the Hae” TuaPowerssiinresponse fo Dsiness Standard on Tosa. ‘The company sid “in eterence othe Sends fof the slates and the extol coin” has desided to vestart the "Accocting oa wes (tech 1629 Miser ‘western region Insd dispatch enue, vee of Manis ive nits were Starting March 21. The ‘ison ued fr the uae ‘vas non-sigming oF the fupplemental power purchase agreements (PAS) Tata Power supplies power to five sales — Maharasbra, ujrs Rajasthan, Punjab, aad Haryans fom he 4.09 ricgavan plant ginning March this oor, Tata Poster sent ater over ‘delay in doping the bih posed recommendations and ‘eterng ne supplemental PAs foie tc. On March T1, Tata ower sidithas pied tothe see op t0 March 20, giving them time 13 tive decison om the a, ‘xeiorencuie from (disco) sid las mesh We have forted 4 ew reslationpln snd ned to fake itn Cabinet for pov Oker tts wil tho nese doth same.* The executive di not diaclove deta the new revolution Lat woth be Sid" the ltr, Tata ower he decide to top supplying power o samt ate aca “TamsPowersdecisont rest Mura unit il tow revere this Use of Force Majeure Clause by GAIL, TOC expected to end in disputes ‘Te desis by several force majure clause is lestsof he pn wil consumer companies lo dpe Ii utany act be wate as oee jee Invoke the force majore of god or unnetoral events.” sid Bade Clone, ithe wake ofthe Gcomiace- Consumers Narayanan. pacer CoveutS cts iahly to shold have sncated Lachlan nln dnp, asonding commer pact in Sidra tome theaers Major of the advance AM ONGC official sid Dlaer a ofthe opinion Fore myjeure fsa pat that the company as that inadeson bn ths fontaine ley gan potion sould te comnng tombe Compas willbe cnesed_and me wel est “Consemers had opis operons ince 1530 milion tard focomemaeereoticesis an Tuntorecea "event cubic metry dele fsemortee like GAIL, otsietReirconml, in mting voles, sd IndanoX1GOO aodCujant “This will defately an Enka repr SutePereumCerpsionpenop kai. A A soir GAM fil (GSPC), after their kn wil depend om ow 4 ai“ the facies are Comer petatios and cotict he ein force shi dw, how wl we faetoccs were shut ipor-iwclaby one procure com ONGC flowing the nskdown. firm, wil hae 8 pple» Peven or Gasp? H 3 tor hs GAIL 0 had fect ron he tore ad tc we ase smarts oats saidDehanih Mishra, wil be facing sorage suger fike ONGC, OF parte at Delite Tuche ify oo indian Pent Tacs This comes a tine 1OC. too. tsk detred Following the _whenfims were aceg he force majene on rade lockdown, te wana het of lower om gos chases fon foe of 8 dp in demanl Acoing rics Tepes domestic Sane seplier = Sah areponts,pim deand hasta gat eae ca by 25 Arabia. ra, UAE and droped by 120 per ceae pr centon Wethest for tes have sens on exciingferisr poner “Far ONGC only tho inview of he planting and refines. "The Re) np te SO ‘ul drm Sueston wil be wisi while the impact "on ‘Aseiorexecuivefiom Nusineer oper are indy wold econ to soo fem sid "Whether Geclyipated bythe Re 800 coe a an tron wll ee ander _panlemic. No al indies ONGCsomce Maruti Suzuki car sales drop 47% in March; ends FY20 with 16% decline Maru Swi nda! pi. sald he yesh per (SIL), he county's campy Sette tan 18300 0 tanatactrer on ciomiedtotestey and sleswee dn Spent Wedaalayeporcd7 por weleiapothvenplyers, 047 12unterm 1046319 Centyemonyenradinis basncsyparnets and to oerg i ‘blading Mh inden to '4392 une ot leh conmeri veces sorsion besa 2 sea bow 01.3 por ere forced to spent Ceaio 726s Ma seestions eid 200 comped to 2582 bation Weldon ota 018, med to contain the “te nometle ster Sealdtcrmente is non eedecog sense Simp fr seer mathe ‘wih tis, the ih acarly all company eniiFY 201920 eosonen, manufacturer reponing Sit ttl ales of 563 The company will flings ue nad ‘llogunis-dova per continue wo" support conse ence Eid Coston Sc2uilinints | goermncn a ke Cone secon slowdowns previous fuel The tales andvame vcs an follow Auden nm ce ing Mach 2D we ut acinar incoming tah i exsomer wlkans Compare with sicin COVID-19- W sald inf wth sng coronas March 2019 due tsar ‘ise boing dovected In stopension of eperiion, "Dain showed! the adie and. sabsegeest frm March Zang ih) company okd 76976 commie bedi CHANAKYA India's Top Selling English Investment Newspaper with very high Success Ratio ‘ommercial vehicle sales declines March over sr Covid-19, BS declined 90 pot Coronavirus impac salary of employees by 10-30% VI transition cloud Blue Dart's near t Uncertainty over lockdow for lump sum flow BENG Fama MT) SP A IB ces uil , logistics prospects te very low India's Top Selling English Investment Newspaper with very high Success Ratio ‘After Rs 21,000-cr turnover in 2019-20, indian Acronancy Lined st Indian tat Sefence company iguarered ts ‘Bengalora, India. Wis Iomagement othe nin Minis of Defence, indus Aeronsics Limited HAL oe Tuesday announced "a con mone of (over Rs 71.100 ‘roe provisional ‘tidunaudied fr 2019-20. This sowth of T per ent over the previous year's il fumover of Ri (ie 1978 enn This Schievereat omen despite “icles ica ows intraptons ‘oven ngtonand ie March de to the Covi 19 Toohdown. has affected the final tests and ceniication of certain ‘Alia aed were finder fital stages of roeton” sid HAL in es elese arith year 201-20, HAL adits der 31 sirealiopers nd 117 now engines. I bas aso ‘overhauled 199 acral elcoplesand 0 ean Standard ater the ‘Sharman R Machavan sid the company’s healthy ‘ndrtrd wai ay he the coming year would ee sinar ge, Tejas light combat scat (LCA) would nos ‘onsite HALs bie new fncome sien, with the ompany. intending to (elver 1210 Teas Mak 1 Tighters inthe final ‘pentioal coafigution HOC) next yom ‘Oe fives amo ‘compli teed ct he ‘eivered daring hecarten Year heeae a he Covi Weckown HAL eyes higher growth this year ‘iheack Tejas Mak priced at about Ks 200 oe; the pectin ie would generate Re 2.400 Tn addition, HAL is ping upto BLAS In the move sophisticated Tejas Mark LA checien rvenig dd sre th oi TRC wa hein hang th afer diringt 2 Teh Mant 1 Tipe ‘ty oor Soh pr iscc HAL winding gown hs Iogsaing sco he Sars ron tae in 301820, HAL bined SOM Tin. wneteatney ctaerfareiey Dyinecona tokio ote Manan ‘Ot tee being

    You might also like