Market Wizard
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PERSONALLY ADDED MORE TOKYO PLAST AT 111.4

EXPECTING ROCKET MOVE ABOVE 112 LEVELS

DONT MISS
TOKYO PLAST

CMP - 110

STOCK HAS REVERSED MULTIPLE TIMES FROM 21 DAYS MOVING AVERAGE ON WEEKLY CHARTS AND ITS STRONG DEMAND ZONE. SUPERB BUYING IS SEEN IN LAST FEW WEEKS. ONCE STOCK CLOSES ABOVE 121 - 122 ZONE I EXPECT 160+ LEVELS VERY QUICKLY.

FOR SHORT TERM CLOSE ABOVE 112 WILL BE SUPERB WHICH LEAD STOCK TO 121+.

DISCLAIMER:- PERSONALLY INVESTED GOOD QTY TODAY.
Mid Term Bumper Call

Buy Gulf Petro at CMP of 53.1 - 53.5 and dips till 48
Sl 46
Targets:-56 - 58 - 60 - 62.5 - 65- 67 - 70 - 72 - 74 - 76+
Above that we can see 80 - 84+

Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
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Good Morning to all the dear members and my colleagues

In Markets every day we are witnessing consolidation in Nifty and in stocks too after huge breakout of 16000 levels on Nifty.

Taking position is becoming risky for Intraday and F&O. There are concerns towards which side the market will show its move.

It's time now to Join Market Wizard Premium Group and also Renew your Membership to avail super gains.

All the members and colleagues who want to continue to be a part of our Premium Family or want to become a part of our Premium Family can do so , by renewing their membership.We have started accepting payment for the month of September and it will be solely on FIRST COME FIRST SERVE BASIS.

All those who make payment between 15th August to 23rd August, will be added on Evening of 23rd August, so that they can get benefit of 1 week extra calls.

Existing members you'll can renew your membership ASAP.

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*Everest Kanto Cylinder*
Q1FY22 Concall Update
(Nirmal Bang Retail Research)
*Outlook: Positive*
Company saw higher sales in all the region in India, US and UAE. Higher Sales in India was driven by Pharma division (oxygen Cylinder) whereas UAE sales driven by increasing demand from Egypt, Africa and Europe and US higher sales is driven by pick up of supply for earlier order from defense
Company expect even with lower demand from Pharma company will be able to sustain sales in India on account of higher demand from Auto and industrial. UAE and US sales are also sustainable
Gross margin also saw improvement QoQ of around 400 bps on account of better price and also some inventory gain. Company expect to sustain 49-50% Gross margin. Auto cylinder has higher margin as compared to Pharma
Current Debt is around Rs.124cr
Company has debottlenecked India capacity and increased the capacity by 10%, which has helped to grow revenue.
Company is expanding capacity in Hungry but that is at planning stage and will take time
Company is also looking to increase capacity in Gujarat by 200000 cylinder (current capacity 700000 cylinder) with the investment of Rs.45cr. The expansion will be ready in 18 months.
Share is trading at PE of 7x FY22 EPS
European Opening Calls:
#FTSE 7132 +0.10%
#DAX 15785 -0.06%
#CAC 6664 -0.03%
#AEX 781 +0.06%
#MIB 25888 +0.10%
#IBEX 8895 +0.02%
#OMX 2371 -0.01%
#STOXX 4170 +0.01%
CHINA TO RELEASE METALS FROM STATE RESERVES SEPT. 1 - BBG
CHINA TO RELEASE 30,000 TONS OF #COPPER FROM STATE RESERVES
CHINA TO SELL 50,000 TONS OF #ZINC FROM STATE RESERVES
CHINA TO SELL 70,000 TONS OF #ALUMINUM FROM STATE RESERVES
Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: Tomorrow, 11:30 AM Inda
Topic: September Month Outlook by Mr Sunil Jain and Retail Research Team

Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_0_zpXgXmTQutGRBXzeI54Q

After registering, you will receive a confirmation email containing information about joining the webinar.