Buy NOW before Q4
*SURYALATA SPINNING* : TP ₹ 250
🚀₹16 EPS only for Q3FY21
No Brainer:High Conviction
Tdg at ONLY 1xFY22Eebidta
3-4 back to back UC possible once Q4 results are out
✅ Tdg @ 3.75xFY20 EPS
✅ Quoting @ 0.40xBook
✅ Available@ 2.40xFY22EEPS
✅Book Value 297
💎Promoter 70.36%. Nil pledge
✅ Mcap just 0.13xSales
🎯Tiny Equity of 4.27cr
✅ FY18 Revenue 330cr , EBITDA 25cr
✅FY19 Revenue 390cr , EBITDA 41cr
✅FY20 Revenue 370cr , EBITDA 41cr
🔥1,20,000 spindles
🔥Glorious Q4 financial Q4 coming.
🔥FY22EEPS Rs 50/more
🔥Strong management. Low overheads
🖐️Buy Value, Go for consistency, ignore Hype for safe Higher return
Grossly Undervalued. High conviction stock. Personal due diligence advised. TP subject to mkt conditions
*SURYALATA SPINNING* : TP ₹ 250
🚀₹16 EPS only for Q3FY21
No Brainer:High Conviction
Tdg at ONLY 1xFY22Eebidta
3-4 back to back UC possible once Q4 results are out
✅ Tdg @ 3.75xFY20 EPS
✅ Quoting @ 0.40xBook
✅ Available@ 2.40xFY22EEPS
✅Book Value 297
💎Promoter 70.36%. Nil pledge
✅ Mcap just 0.13xSales
🎯Tiny Equity of 4.27cr
✅ FY18 Revenue 330cr , EBITDA 25cr
✅FY19 Revenue 390cr , EBITDA 41cr
✅FY20 Revenue 370cr , EBITDA 41cr
🔥1,20,000 spindles
🔥Glorious Q4 financial Q4 coming.
🔥FY22EEPS Rs 50/more
🔥Strong management. Low overheads
🖐️Buy Value, Go for consistency, ignore Hype for safe Higher return
Grossly Undervalued. High conviction stock. Personal due diligence advised. TP subject to mkt conditions
Jindal polyfilm BOPP capacity 2x Vs Cosmo Films. From bumper Q4 of Cosmo , clear that Jindal polyfilm Q4 EPS can be 70+.
➡️Some other triggers also expected in JINDALPOLY. Subject to mkt conditions, TP Rs 1100/1400
➡️Some other triggers also expected in JINDALPOLY. Subject to mkt conditions, TP Rs 1100/1400
https://www.thehindubusinessline.com/markets/commodities/q1-indian-tea-price-rises-46/article34452920.ece
*Top pick: Kanco tea:Only BSE*
Target: ₹90
Mcap Tiny considering VAST stretches of tea cultivation land
✅Book value: ₹146😵
✅FY21 9m EPS: ₹43🔥
Market cap: 30Cr vs 9m sales of ₹80cr
✅With tea prices up in Q4, FY21EEPS: ₹45 (Tea companies generally report losses in Q4, however, we estimate much better Q4 YoY with prices and demand both surging)
*Top pick: Kanco tea:Only BSE*
Target: ₹90
Mcap Tiny considering VAST stretches of tea cultivation land
✅Book value: ₹146😵
✅FY21 9m EPS: ₹43🔥
Market cap: 30Cr vs 9m sales of ₹80cr
✅With tea prices up in Q4, FY21EEPS: ₹45 (Tea companies generally report losses in Q4, however, we estimate much better Q4 YoY with prices and demand both surging)
BusinessLine
Q1 Indian tea price rises 46%
In the first quarter (Jan-March) of current calendar (Q1), the prices of teas in the Indian auctions rose by a whopping 45.73 per cent over Q1 of 2020.This happened because of the prices rising by ₹50
JK LAKSHMI CEMENT: Q4 CONS NET PROFIT 1.53B RUPEES VS 992M (YOY); EST 930M | 1.14B (QOQ) Q4 REVENUE 14.24B RUPEES VS 11.37B (YOY) CO RECOMMENDED DIVIDEND 3.75 RUPEES PER SHARE
TORRENT POWER: Q4 CONS NET PROFIT 3.97B RUPEES VS LOSS 2.75B (YOY); EST PROFIT 3.4B | PROFIT 3.46B (QOQ) Q4 REVENUE 30.84B RUPEES VS 29.84B (YOY) CO RECOMMENDED FINAL DIVIDEND OF 5.50 RUPEES PER SHARE CO APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES UPTO 20B RUPEES
TORRENT POWER: Q4 CONS NET PROFIT 3.97B RUPEES VS LOSS 2.75B (YOY); EST PROFIT 3.4B | PROFIT 3.46B (QOQ) Q4 REVENUE 30.84B RUPEES VS 29.84B (YOY) CO RECOMMENDED FINAL DIVIDEND OF 5.50 RUPEES PER SHARE CO APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES UPTO 20B RUPEES
*Economic Times*
*Business Standard*
Ø Banks likely to transfer about 80 large NPA accounts to NARCL
Ø India's top refiner, Indian Oil Corp says will buy Iranian oil if sanctions lifted
Ø India may impose anti-dumping duty on Phthalic Anhydride imports from China, others
Ø India cuts 2020-21 sugar export subsidy by 31.4%: Government order
Ø CFM Asset Reconstruction Company sole bidder for debt laden JBF Industries
Ø India's HPCL aims to fully start revamped Mumbai refinery by July
Ø Icra downgrades growth peg of various auto segments due to second wave
Ø Credit Suisse cuts nominal growth forecast over covid second wave
Ø Govt aims to bring additional 637,000 hectare under oilseeds this season
Ø Alembic, Natco, 3 more firms to make anti-black fungus drug: Centre
Ø United States jobless claims decline to 444,000, a new pandemic low
Ø RIL seeks NCLT nod for shareholder meeting to approve Future group deal
*Business Line*
*Mint*
Ø HPCL profit zooms to ₹3,018 crore in Q4
Ø FM Sitharaman asks CCI to provide regulatory stimulus for India Inc’s revival
Ø Government notifies final rules for 74% foreign investment in insurance sector
Ø Bosch Q4 profit jumps five-fold to ₹483 cr
Ø MRPL acquires 100% stake in ONGC Mangalore
Ø Kotak Mahindra Bank issues India’s first FPI license to GIFT IFSC AIF
Ø Societe Generale and Copthall Mauritius buys stake in Indian Energy Exchange
Ø Mindtree to acquire NxT Digital Business of L&T for Rs198 crore
Ø Markets slide on Fed minutes concerns, metals crash post China move
Ø Government to provide incentive schemes to setup display fabs in India
Ø Bitcoin price bounces after crypto crash shocks market
Ø Income tax return (ITR) filing deadline extended by 2 months
*Financial Express*
*Business World*
Ø Retail inflation for farm, rural workers eases marginally in April
Ø RBI imposes penalty on City Union Bank, 3 other lenders
Ø RBI mandate: Wallets, cards to be made interoperable
Ø Zee Entertainment Q4 Profit At Rs 272 Cr
Ø Rupee Rises 6 Paise To Close At 73.12 Against US Dollar
Ø Sensex Falls 338 Pts, Nifty Slips Below 15000
*Business Standard*
Ø Banks likely to transfer about 80 large NPA accounts to NARCL
Ø India's top refiner, Indian Oil Corp says will buy Iranian oil if sanctions lifted
Ø India may impose anti-dumping duty on Phthalic Anhydride imports from China, others
Ø India cuts 2020-21 sugar export subsidy by 31.4%: Government order
Ø CFM Asset Reconstruction Company sole bidder for debt laden JBF Industries
Ø India's HPCL aims to fully start revamped Mumbai refinery by July
Ø Icra downgrades growth peg of various auto segments due to second wave
Ø Credit Suisse cuts nominal growth forecast over covid second wave
Ø Govt aims to bring additional 637,000 hectare under oilseeds this season
Ø Alembic, Natco, 3 more firms to make anti-black fungus drug: Centre
Ø United States jobless claims decline to 444,000, a new pandemic low
Ø RIL seeks NCLT nod for shareholder meeting to approve Future group deal
*Business Line*
*Mint*
Ø HPCL profit zooms to ₹3,018 crore in Q4
Ø FM Sitharaman asks CCI to provide regulatory stimulus for India Inc’s revival
Ø Government notifies final rules for 74% foreign investment in insurance sector
Ø Bosch Q4 profit jumps five-fold to ₹483 cr
Ø MRPL acquires 100% stake in ONGC Mangalore
Ø Kotak Mahindra Bank issues India’s first FPI license to GIFT IFSC AIF
Ø Societe Generale and Copthall Mauritius buys stake in Indian Energy Exchange
Ø Mindtree to acquire NxT Digital Business of L&T for Rs198 crore
Ø Markets slide on Fed minutes concerns, metals crash post China move
Ø Government to provide incentive schemes to setup display fabs in India
Ø Bitcoin price bounces after crypto crash shocks market
Ø Income tax return (ITR) filing deadline extended by 2 months
*Financial Express*
*Business World*
Ø Retail inflation for farm, rural workers eases marginally in April
Ø RBI imposes penalty on City Union Bank, 3 other lenders
Ø RBI mandate: Wallets, cards to be made interoperable
Ø Zee Entertainment Q4 Profit At Rs 272 Cr
Ø Rupee Rises 6 Paise To Close At 73.12 Against US Dollar
Ø Sensex Falls 338 Pts, Nifty Slips Below 15000
*SGX Nifty +125 pts (15063) from last trade 14938*
Nikkei +290 pts
Hangseng +134 pts
Now @6.52am
Dow +188.11 pts ,Nsdq +236.00 pts, S&P +43.44 pts, Bovespa +64 pts , Ftse +69 pts , Dax +256 pts , Cac +81 pts , Crude @ $62.05 brl (-0.00), Brent @ $65.11 brl (+0.00) , Gold @ 1875.90 (-6.00), Silver @ $27.835 (-0.23), Euro @ $1.2226, JPY @ $108.82 INR @ 72.995
*Today's Corporate Action*
*21st May Ex Date*
None
*Today's Key Results/Board Meetings*
*21-May-21*
AARTISURF
Audited Results;
Final Dividend
AFEL
A.G.M.; Audited Results; Issue Of Warrants; General; Quarterly Results
ALLSEC
Audited Results
ANMOL
Audited Results
ANUHPHR
Audited Results;
Final Dividend
BSOFT
Audited Results;
Final Dividend;
Quarterly Results
BTTL
Audited Results
CCL
Audited Results;
Final Dividend
CEINSYSTECH
Audited Results; General
CELEBRITY
Audited Results
CHEMFABALKA
Audited Results;
Final Dividend;
Quarterly Results
CONCOR
General; Audited Results; Final Dividend
CROMPTON
Audited Results;
Final Dividend
DCW
Audited Results
DHANUKA
Audited Results;
Quarterly Results
DHARAMSI
Audited Results; Dividend;
Quarterly Results
ELGIEQUIP
Audited Results
EMMESSA
Audited Results
ESABINDIA
Audited Results; Dividend
GLFL
Audited Results
GODREJIND
Audited Results
GOYALASS
Audited Results
GRPLTD
Audited Results
HINDALCO
Audited Results;
Final Dividend
HITECHCORP
Audited Results; Dividend
ICSL
Audited Results; General
INDTERRAIN
Audited Results
JSWSTEEL
Audited Results; Right Issue of Equity Shares; Final Dividend
KOCL
Audited Results
LALPATHLAB
Audited Results;
Final Dividend
MAYUKH
Audited Results
MEGRISOFT
Audited Results;
Quarterly Results
MNKCMILTD
Audited Results;
Final Dividend
MORARKFI
Audited Results; Dividend
NOVIS
Preferential Issue of shares
RISHIROOP
Audited Results;
Final Dividend; General
RML
Audited Results
SANDHAR
Audited Results;
Final Dividend
SBIN
Audited Results; Dividend
SEACOAST
Audited Results; General;
Quarterly Results
SHOPERSTOP
Audited Results
SHREECEM
Audited Results;
Final Dividend
SOUTHBANK
Audited Results; Dividend
SUPER
Audited Results;
Final Dividend;
Quarterly Results
SURJIND
Audited Results; General
TCIIND
Audited Results
TULASEEBIOE
General
UNITDSPR
Audited Results
XELPMOC
Audited Results
*Stock under F&O ban on NSE*
*21-May-21*
1BHEL
2CADILAHC
3JINDALSTEL
4NATIONALUM
5PNB
6SAIL
Nikkei +290 pts
Hangseng +134 pts
Now @6.52am
Dow +188.11 pts ,Nsdq +236.00 pts, S&P +43.44 pts, Bovespa +64 pts , Ftse +69 pts , Dax +256 pts , Cac +81 pts , Crude @ $62.05 brl (-0.00), Brent @ $65.11 brl (+0.00) , Gold @ 1875.90 (-6.00), Silver @ $27.835 (-0.23), Euro @ $1.2226, JPY @ $108.82 INR @ 72.995
*Today's Corporate Action*
*21st May Ex Date*
None
*Today's Key Results/Board Meetings*
*21-May-21*
AARTISURF
Audited Results;
Final Dividend
AFEL
A.G.M.; Audited Results; Issue Of Warrants; General; Quarterly Results
ALLSEC
Audited Results
ANMOL
Audited Results
ANUHPHR
Audited Results;
Final Dividend
BSOFT
Audited Results;
Final Dividend;
Quarterly Results
BTTL
Audited Results
CCL
Audited Results;
Final Dividend
CEINSYSTECH
Audited Results; General
CELEBRITY
Audited Results
CHEMFABALKA
Audited Results;
Final Dividend;
Quarterly Results
CONCOR
General; Audited Results; Final Dividend
CROMPTON
Audited Results;
Final Dividend
DCW
Audited Results
DHANUKA
Audited Results;
Quarterly Results
DHARAMSI
Audited Results; Dividend;
Quarterly Results
ELGIEQUIP
Audited Results
EMMESSA
Audited Results
ESABINDIA
Audited Results; Dividend
GLFL
Audited Results
GODREJIND
Audited Results
GOYALASS
Audited Results
GRPLTD
Audited Results
HINDALCO
Audited Results;
Final Dividend
HITECHCORP
Audited Results; Dividend
ICSL
Audited Results; General
INDTERRAIN
Audited Results
JSWSTEEL
Audited Results; Right Issue of Equity Shares; Final Dividend
KOCL
Audited Results
LALPATHLAB
Audited Results;
Final Dividend
MAYUKH
Audited Results
MEGRISOFT
Audited Results;
Quarterly Results
MNKCMILTD
Audited Results;
Final Dividend
MORARKFI
Audited Results; Dividend
NOVIS
Preferential Issue of shares
RISHIROOP
Audited Results;
Final Dividend; General
RML
Audited Results
SANDHAR
Audited Results;
Final Dividend
SBIN
Audited Results; Dividend
SEACOAST
Audited Results; General;
Quarterly Results
SHOPERSTOP
Audited Results
SHREECEM
Audited Results;
Final Dividend
SOUTHBANK
Audited Results; Dividend
SUPER
Audited Results;
Final Dividend;
Quarterly Results
SURJIND
Audited Results; General
TCIIND
Audited Results
TULASEEBIOE
General
UNITDSPR
Audited Results
XELPMOC
Audited Results
*Stock under F&O ban on NSE*
*21-May-21*
1BHEL
2CADILAHC
3JINDALSTEL
4NATIONALUM
5PNB
6SAIL