Monday, April 2, 2018
Seya Industries Ltd ( 524324 ) - A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks
Seya Industries Ltd closes at ₹ 601.30 with a Gain
of + 3.40 %
on 02-April -2018 with formation of
a Green Candle on Daily Price
Chart. Technically, Seya
Industries Ltd is entering into a Long Term Bullish
Trend. Major Momentum Indicators are showing Strength on Daily
Price Chart. Our NNI index has also turned Positive.
Valuations :
Seya Industries Ltd is now
Trading at 2.4 X of its 12/2017 earnings ( EPV Method ) . RoE is 22% while RoCE is 8% with Net Cash /
Share at ₹1.3 Only.
We have valued its 3x of its EPV at ₹755.
We may BUY/ Accumulate Seya Industries Ltd at CMP
We may BUY
Target
: ₹ 755-780
Stop:
Loss : ₹585
Time
Frame: 6 Months
Disclaimer : We are / may going to take exposure
shortly.
Natural Gas Sector Updates
Recently we have seen rise in the price of liquefied
natural gas (LNG) due to huge demand in China. In China, Govt is taking
serious steps to reduce the level of Pollution and has come down heavily on
coal gasifier and emphasising on Cleaner environment. This is not a temporary phenomena.
This is a structural change & we may see rise in demand of LNG.
Back home, its effect has
already strated to show in the price trend of LNG. We may increase our
allocation of some LNG suppliers stocks in our portfolio.
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