Thursday, March 23, 2017

Cimmco Ltd (CIMMCO )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks


Cimmco Ltd   closes at  `73.50     with a   gain     of   +20.00 %  on    23  March   2017   with formation of  a  Long  Green    Candle    on Daily  Price Chart. Technically,  Cimmco Ltd   has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  BUY /Accumulate  Cimmco Ltd   Ltd Ltd at CMP    .
Target : ``103/200
Stop: Loss : `Nil
Time Frame: 6-18 Months
 • Cimmco Ltd   has entered into is  a  Multibagger pattern on Charts.
Financials : http://www.screener.in/company/CIMMCO/

Disclaimer : We are going to take exposure shortly.


You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Tuesday, March 21, 2017

NIFTY NEXT: Some Short Term Picks

1.511413 (CREST)
2.539331 (VETO)
3.500314 (ORIENT HOTEL)
4.509220 (PTL LTD)
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Monday, March 20, 2017

Tara Jewels Ltd(TARAJEWELS )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Tara Jewels Ltd closes at  ` 39.35     with a   gain     of   +1.70 %  on    17  March   2017   with formation of  a  Small Green    Candle    on Daily  Price Chart. Technically,  Tara Jewels Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.

We Recommend to  BUY /Accumulate  Tara Jewels Ltd Ltd Ltd at CMP    .
Target : `44/85
Stop: Loss : ` Nil
Time Frame: 6-12 Months
 • Tara Jewels Ltd has entered into is  a  Multibagger pattern on Charts.
Financials : http://www.screener.in/company/TARAJEWELS/

Disclaimer : We are going to take exposure shortly.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Ujaas Energy Ltd (UJAAS )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Ujaas Energy Ltd  closes at  ` 34.45    with a   fall      of   - 2.30 %  on    17  March   2017   with formation of  a  Small Red    Candle    on Daily  Price Chart. Technically,  Ujaas Energy Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.

We Recommend to  BUY /Accumulate  Ujaas Energy Ltd Ltd Ltd at CMP    .
Target : `48/62
Stop: Loss : ` Nil
Time Frame: 6-12 Months
 • Ujaas Energy Ltd  has entered into is  a  Multibagger pattern on Charts.
Financials : http://www.screener.in/company/UJAAS/
Disclaimer : We are going to take exposure shortly.

Friday, March 17, 2017

Shankara Building Products IPO Analysis

About the Issue
The company offer comprises of fresh issue of shares and offer for sale to raise around Rs 350 crore. The company is going to raise Rs 45 crore through fresh issue, while the balance amount will be raised through offer for sale of 6521740 equity shares of face value of Rs 10 per share. The issue will remain open from March 22, 2017 to March 24,2017 with a price band of Rs 440-460 per share. The company promoters and PE investor Fairwind will raise through OFS.   
 
Purpose of the IPO
The company plans to utilise net proceeds from this offer for prepayments or repayments of own and its subsidiary Vishal Precious Steel Tubes and Strips Pvt. Ltd's (VPSPL) debt. The company also proposes to use these funds for undertaking existing activities and for general corporate purposes. The company expects to improve its brand image through listing on the stock exchange. The company will not get any get benefit from OFS.
 
Industry outlook
India is ranked as the seventh largest economy in the world with GDP growth of 7.1%, which is expected to grow to 7.9% in FY17. The per capita income is also increasing at a healthy rate of 7.3% over FY15-16. This trend is expected to continue as government is planning to implement 7th Pay Commission.
 
Housing industry is likely to grow due to rapid urbanisation, government push for affordable housing and other infrastructure-related incentives. We can see growth in demand for players in housing industry. Many government schemes such as Pradhan Mantri Awaas Yogana and Smart Cities project would push the demand in this sector. The company's subsidiary in financing housing sector will eventually drive the growth in this sector.

Company outlook
The company is a leading organised retailer of home improvement and building products which have presence across 10 states of India. Its major customer base comprises of home owners, professional customers like architect and contractors; and small enterprises spread in urban and semi-urban markets. The company has 100 retail counters spread across the country providing wide range of products like structural steel, cement, TMT bars, hallow blocks, roofing solutions, solar heaters, sanitary wares, etc. It has good third party brands such as Sintex, Uttam Galva, APL Apollo, etc. The company has strong logistics capabilities, supply chain network and in-house warehousing facility. The company has acquired CRIPL and VPSPL which provide backward integration to its product line and help in business operations and value chain. It has increased its brand equity and marketability with increase in number of stores named "Shakara BuildPro "

The company has wide range of logistic network, i.e. 58 warehouses of total size of 0.58 million sq.ft. and 47 fleet of truck. In enterprise network, the company serves large end-users, contractors, OEM's projects, etc. Retail customers have a major contribution of 39.68% in its total sales. The company's revenue increased at CAGR of 8.38% over FY12-16, while, EBITDA grew at CAGR of 11.34% over FY12-16 and PAT grew at CAGR of 7.94% over the same period.
 
Management
The company enjoys strong parentage from experienced and qualified management. Sukumar Srinivas, MD of the company; is Alumnus of IIMA with 33 years’ experience in building product industry, and has also been associated as President of Karnataka Pipes Dealer's Association. His vast experience and position has helped the company spread its network in the southern region.
 
Financial Performance

Revenue has been growing at CAGR of 8.38% over FY12-16. In FY16, the company's revenue grew by 3.46% as compared to FY15, which has shown slower growth rate as compared to previous years. Its EBITDA has been growing at CAGR of 11.34% in FY12-16. PAT has been growing at CAGR of 7.94% in FY12-16. The company delivered RONW of 14.31% in FY16. As we can see from financials, revenue growth is decreasing from 2012-16, affecting the growth in EBITDA and bottomline which ultimately affected earning per share of the company.
 
Peer Comparison and Valuation
Since there are no listed peers in the same line of business and operations, we cannot do peer comparison of the company. 
We valued company at the upper price band of Rs.460, which gives P/E of 88.80x with EPS Rs.5.18, which is overvalued. Considering slower growth rate and higher valuation of the company, we recommend our investors to avoid subscribing in this IPO.  

Source : http://www.dsij.in/article-details/articleid/18980/shankara-building-products-ipo-analysis.aspx

You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Thursday, March 16, 2017

Nifty Next- Some MultiBaggers from Edible Oils & Solvent Extraction Sector

519216 (AJANTASOYA)
524226 (GUJ AMBEXP)
519105(AVTNATURAL)
524332 (BCL)
Disclaimer : We are going to take exposure shortly.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Wednesday, March 15, 2017

The Byke Hospitality Ltd (BYKE )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

The Byke Hospitality Ltd  closes at  ` 170.60    with a   fall      of   - 0.90  %  on    15  March   2017   with formation of  a  Red    Candle    on Daily  Price Chart. Technically,  The Byke Hospitality Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  BUY  The Byke Hospitality Ltd Ltd at CMP    .
Target : `270/310
Stop: Loss : ` Nil
Time Frame: 12-18 Months
 The Byke Hospitality Ltd has entered into is  a  Multibagger pattern on Charts.
Financials : http://www.screener.in/company/BYKE/
Disclaimer : We are going to take exposure shortly.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Wednesday, March 8, 2017

Camlin Fine Sciences Ltd (CAMLINFINE)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks


Camlin Fine Sciences Ltd     closes at  ` 93.35     with a  Gain      of   + 3.40 %  on    08 March   2017   with formation of  a  Bullish Engulfing    Candle    on Daily  Price Chart. Technically,  Camlin Fine Sciences Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  Camlin Fine Sciences Ltd at CMP    .
Target : `117/125
Stop: Loss : `90  
Time Frame: 3 Months

Financials : http://www.screener.in/company/ CAMLINFINE /
 Disclaimer : We are going to taking exposure shortly.

 You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Gufic BioSciences Ltd (GUFICBIO)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Gufic BioSciences Ltd  closes at  ` 56.20    with a  Gain      of   + 2.60  %  on    08 March   2017   with formation of  a  Bullish Engulfing    Candle    on Daily  Price Chart. Technically,  Gufic BioSciences Ltd  has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  BUY  Gufic BioSciences Ltd at CMP    .
Target : `65/90
Stop: Loss : `54.20
Time Frame: 6-10 Months
 Gufic BioSciences Ltd has entered into is  a  Multibagger pattern on Charts.
 Financials : http://www.screener.in/company/ GUFICBIO /
 Disclaimer : We are going to taking exposure shortly.
 You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Ajmera Realty & Infra India Ltd (AJMERA)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Ajmera Realty & Infra India Ltd  closes at  `195.65    with a  Gain      of   +4.50 %  on    08 March   2017   with formation of  a  Green     Candle    on Daily  Price Chart. Technically,  Ajmera Realty & Infra India Ltd  has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  Accumulate  Ajmera Realty & Infra India Ltd at CMP    .
Target : `239/275/320
Stop: Loss :  `174
Time Frame: 6-24Months
 Ajmera Realty & Infra India Ltd  has entered into is  a  Multibagger pattern on Charts.
 Financials : http://www.screener.in/company/ AJMERA /
 Disclaimer : We are going to taking exposure shortly.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Tuesday, March 7, 2017

K G Denim Ltd (500239)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

K G Denim Ltd  closes at  `85.80   with a  Gain      of   +8.30%  on    06 March   2017   with formation of  a  Green     Candle    on Daily  Price Chart. Technically,  KG DENIM  has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  Accumulate  KG DENIM  at CMP    .
Target : `114/137/174
Stop: Loss :  `77.50
Time Frame: 6-18Months
 K G Denim Ltd  has entered into is  a  Multibagger pattern on Charts.
 Financials : http://www.screener.in/company/500239/

Disclaimer : We are going to taking exposure shortly.


You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Haldyn Glass Ltd (515147)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Haldyn Glass Ltd  closes at  ` 47.00  with a  Gain      of   +8.40   %  on    06 March   2017   with formation of  a  Green     Candle    on Daily  Price Chart. Technically,  Haldyn Glass Ltd  has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  Accumulate Haldyn Glass Ltd  at CMP    .
Target : ` 68/104
Stop: Loss :  `40
Time Frame: 6-18Months
 Haldyn Glass Ltd  has entered into is  a  Multibagger pattern on Charts.
 Financials : http://www.screener.in/company/515147/

Disclaimer : We are going to taking exposure shortly.


You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Grauer & Weil (India) Ltd (505710)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Grauer & Weil (India) Ltd  closes at  ` 40.55  with a  Gain      of   +5.10   %  on    06 March   2017   with formation of  a  Green     Candle    on Daily  Price Chart. Technically,  Grauer & Weil (India) Ltd  has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  Accumulate Grauer & Weil (India) Ltd  at CMP    .
Target : ` 56/73/117
Stop: Loss :  `34.50
Time Frame: 6-18Months
 Grauer & Weil (India) Ltd has entered into is  a  Multibagger pattern on Charts.
 Financials : http://www.screener.in/company/505710/
 Disclaimer : We are going to taking exposure shortly.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Friday, March 3, 2017

D-Mart IPO

About Company
D-Mart is an evolving giant in the retail supermarket chain, with a focus on value retailing. It is the third largest and most profitable in the F&G retail sector in India after Reliance retail and Future group. It offers a wide range of products with a focus on foods, FMGC and general merchandise & apparel product categories.
It started its first store in Mumbai in 2002 and as of 2016; they have 112 stores in the retail business area of 3.40 million sq. ft, located across 41 cities in India. They have been doing business by considering the approach to retail quality goods at competitive prices.
This year, Maharashtra contributed the highest part of the company’s revenue, which is 62.57 per cent, followed by Gujarat (18.83 per cent), Telangana (10.15 per cent), Karnataka (6.14 per cent), Andhra Pradesh (1.03 per cent), Madhya Pradesh (0.85 per cent) and Chhattisgarh (0.43 per cent). 
About the issue
The company is planning to rise 1,800 crore by 6,23,93,631 equity shares from this IPO.     IPO will be in the range of Rs. 290-299.Subscription will be starting from 8 March to 10th march and the listing will be on 21 March 2017.
Objects of issue
The company wants to utilise Rs 10,800.00 million of the net proceeds towards repayment of the term loans availed by the company and redemption of NCD’s availed by the company. The company wants to utilise Rs 1,879.50 million, out of the net proceeds towards the purchase of the new fit outs for their new stores, which will have an aggregate built-up area of 21,00,000 sq. ft and utilise 1,786.50 million to undertake construction of new stores with an aggregate built-up area of 9,00,000 sq. ft which will be undertaken in the year 2018, 2019 and 2020, respectively. The current D/E is 0.95x.
Business model
D-mart has always targeted middle class and upper middle class, who want to save money on products. D-Mart’s prices are 6-7 per cent lesser, as compared to its peers. Though rent is always a major operating expense for any retailer, instead of reducing other factors, D-Mart targets its major expense and tries to eliminate it.
Out of all the stores it runs, D-Mart owns most of properties, which helps it to eliminate its rent expense. Costs are again kept low by using basic and cost effective interior unlike bigger retailers who use showy interior. Besides, D-Mart has most of the stores in Tier II and III cities, where operating expenses are much lower. Moreover, it also saves 2 per cent-3 per cent of suppliers as well, by paying them in 48 hours of delivery, where others take 30 to 60 days credit period.
 In short, D-Mart knows the importance of optimum utilisation of resources. Due to these strategies, D-Mart has achieved huge profit before its peers. We expect that this company will continue to grow and earn much better in future. However, the company may also have some impact of significant increase due to e-retailing.
Retail Industry Analysis
The Indian retail industry is notorious as a fast-paced industry, due to the entry of numerous new players. It accounts share of 10 per cent in India's GDP and over 8 per cent of employment. India is world’s fifth largest global destination in retail space. The country's retail market is expected to double to USD 1 trillion by 2020 as this expansion will be aided by urbanisation attitudinal shift. While the overall retail market is expected to grow at 12 per cent per annum, modern trade would expand and reach the growth rate up to 20 per cent per annum. Whereas, it’s traditional trade is likely to expand by 10 per cent. E-business has also revolutionised the retail market, which is expected to reach USD 700 billion by 2020.
In 2010, there was huge growth in e-retailers, which again forced retailers to redesign their business models. Indian Retailers who have adopted three success factors like format focus, category focus and geography focus, have witnessed a profitable growth.
Share of food and grocery and general merchandise category in organised B&M Retail
Currently, Food & Grocery has major share in retail at 67 per cent and will continue to be leading the market in FMGC sector. It has grown at 33 per cent CAGR from 4bn in 2012 to reach USD 13 bn in 2016 and is expected to grow further at a CAGR of 26 to reach at 31 bn till the end of 2020.
E-retailers are expected to reach at par with physical stores in the next 5 years. India is expected to become the world’s fastest growing e-commerce market, driven by robust growth in investments, majorly from FDI with a sum of USD 537.61 million, as there is a significant rise in the need for consumer goods in different sectors. Many companies have also invested in Indian retail industry from the year 2000-2016 and rapid growth in internet users. After seeing the potential of retail industry, the government is also taking various initiatives to improve the retail industry in India. For example, the government has allowed 100 per cent FDI investment in retail etc.
Plan of Expansion
The company is planning to develop its network by opening various stores in India, mostly in southern and western cities in India, as it is getting maximum revenue from these regions. The company also intends to strengthen store network in Andhra Pradesh, Telangana, Madhya Pradesh, Karnataka, Chhattisgarh, Tamil Nadu and northern India. The company recently opened a new store and is planning to utilise a portion of the net proceeds for setting up new stores, aggregating built-up area of 2,100,000 sq. ft. over fiscals 2018, 2019 and 2020.
Peers:
Its major competitor includes Big Bazaar, Reliance Retail, Spencer’s, hyper city and Star bazaar as well as the traditional retail stores and others. D-Mart's majorly competing areas include food, FMGC, general merchandise & apparel product categories and also in non-branded clothes etc.
Financial Performance
The company has registered revenue growth of 40% CAGR  from year 2012-16 EBITDA Margin is rising at yoy CAGR of 52% and PAT is also growing at CAGR of 50% from year 2012- 2016.



The company looks attractive as its EPS is 5.72 and considering upper price band P/E is 52.27x which  is much lower than its peers like future retail and Trent limited considering a really strong financial performance of a company, we suggest you to subscribe this IPO to get benefit from listing gains.
Source : http://www.dsij.in/article-details/articleid/18795/d-mart-ipo.aspx
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.


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