Monday, October 29, 2018

Short Term Picks


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Sunday, October 28, 2018

Breweries & Distilleries Sector Updates


We have seen positive activity in the B&D sector in the last trading session ( 26th Oct 2018) along with the news of rise in sales liquor in China on Festival Demand. We have analysed the leading B&D sector stocks and arrived at the Valuations, based on Earning Power Value (As per latest Quarterly Financial Data available with www.screener.in )

1.       Som Distilleries & Breweries Ltd > 2.9x

2.        Associated Alcohols & Breweries Ltd > 2.1x

3.        G M Breweries Ltd > 1.1x

4.        Som Distilleries & Breweries Ltd > 2.9x


Disclaimer : We are / may going to take exposure shortly.
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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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