ION exchange CMP 2245
Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination etc.
Financial
- ROE, ROCE and ROA is around 31% ,38% and 10% respectively (Excellent)
- P/BV - 7, Face Value: INR 10, MCAP: 3300 Crs.
- Forward PE - 27 overall good.
- Current ratio: 1.4, Interest coverage: 19.1 (decent)
- Q1FY22 topline was around INR 314 Cr Vs. 265 Cr Vs. 445 Cr up by 18.5% in YoY and declined by 41.7% in QoQ
- FY21 topline was around 1450 Cr Vs. 1480 Cr in YoY therefore declined by 2%.
- Q1FY22 PAT was around 24 Cr Vs. 18 Cr Vs. 70 therefore up by 33% in YoY and declined by 65% in QoQ.
- FY21 PAT was around INR 144 Cr. 94 Cr and therefore up by 53%.
- Operating profit margin was around 14% in FY21 and Q1FY22 it was around 11% and decreased by 300 bps.
- Company is continoulsy reducing their debt and nearly its debt free.
Opportunities
- Leader in Water Management Industry With 56 years of legacy the company has established a long standing presence in the Industry with more than 100,000 Installations worldwide.
- Diversified business profile Engineering segment cover 61% of revenue and grew rapidly. Chemical segment cover 31% of revenue and also grew good. Consumer segment cover 8% of revenue.
- Strong clientele base including Tata group, Reliance, Mitsubishi, Oberoi Hotel, Vedanta etc.
- Strong export business which cover 38% of total revenue and geographicaly presence in many counties UK, Philippines, USA, Europe etc.
- The company has two R&D facilities in India and the company has 50 patents to their credit and 100 plus products commercialized. The company have developed a new product which removes Uranium from the Ground water and the cost effective method has got good traction the rural area.
- Strong order book in all segment. Engineering segment as on March 31, 2021, estimated order book was Rs 600-650 crore which, along with pending orders worth about Rs 393 crore from Sri Lanka, provide strong medium-term revenue visibility. The diverse end-user industry base protects the Ion Exchange group from downturn in any one industry.
- Networth was above Rs 400 crore as on March 31, 2021 as compared to Rs 355 crore last year. Debt protection metrics are estimated to be strong, with net cash accrual to total debt and interest coverage ratios are in the range of 0.8-0.9 time and 7-9 times, respectively, in fiscal 2021.
- Ample opportunities to grow in water treatment. Nearly monopolistic business in this segment.
- Strong operating cash flows in every quarter. Liquidity is also good, debtors days has also been improved on YoY still its high around 4 months.
Key concern
- Promoter holding is too low despite small equity capital of around 14 Crs and Promoter hold around 27% in the company, FIIs and DIIs hold around 1.5% and 7.8% respectively which was increased by DIIs around 1% in June quarter. Although RJ stake was completely 5% offloaded during the Q3FY21
Plutus management new entrant in this stock around 3.4% taken in Q4FY21.
- Muted topline growth and and declined also in Q1FY22.
- Operating profit margin was also not stable and declined also on QoQ.
View: Share 52 week high 2900 and now 2245 almost 25% corrected from their peak. Share is curently at their support level and next immediate support is around 2005. Those who want to add can add some quantity here and if it correct 2100-2150 can do average for target price of 2500/3250 in short to mid term.
Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Please do the thoroughly study before enter or exit the shares.
RD Stock (“High Returns with Low Risk is the Key”)
Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination etc.
Financial
- ROE, ROCE and ROA is around 31% ,38% and 10% respectively (Excellent)
- P/BV - 7, Face Value: INR 10, MCAP: 3300 Crs.
- Forward PE - 27 overall good.
- Current ratio: 1.4, Interest coverage: 19.1 (decent)
- Q1FY22 topline was around INR 314 Cr Vs. 265 Cr Vs. 445 Cr up by 18.5% in YoY and declined by 41.7% in QoQ
- FY21 topline was around 1450 Cr Vs. 1480 Cr in YoY therefore declined by 2%.
- Q1FY22 PAT was around 24 Cr Vs. 18 Cr Vs. 70 therefore up by 33% in YoY and declined by 65% in QoQ.
- FY21 PAT was around INR 144 Cr. 94 Cr and therefore up by 53%.
- Operating profit margin was around 14% in FY21 and Q1FY22 it was around 11% and decreased by 300 bps.
- Company is continoulsy reducing their debt and nearly its debt free.
Opportunities
- Leader in Water Management Industry With 56 years of legacy the company has established a long standing presence in the Industry with more than 100,000 Installations worldwide.
- Diversified business profile Engineering segment cover 61% of revenue and grew rapidly. Chemical segment cover 31% of revenue and also grew good. Consumer segment cover 8% of revenue.
- Strong clientele base including Tata group, Reliance, Mitsubishi, Oberoi Hotel, Vedanta etc.
- Strong export business which cover 38% of total revenue and geographicaly presence in many counties UK, Philippines, USA, Europe etc.
- The company has two R&D facilities in India and the company has 50 patents to their credit and 100 plus products commercialized. The company have developed a new product which removes Uranium from the Ground water and the cost effective method has got good traction the rural area.
- Strong order book in all segment. Engineering segment as on March 31, 2021, estimated order book was Rs 600-650 crore which, along with pending orders worth about Rs 393 crore from Sri Lanka, provide strong medium-term revenue visibility. The diverse end-user industry base protects the Ion Exchange group from downturn in any one industry.
- Networth was above Rs 400 crore as on March 31, 2021 as compared to Rs 355 crore last year. Debt protection metrics are estimated to be strong, with net cash accrual to total debt and interest coverage ratios are in the range of 0.8-0.9 time and 7-9 times, respectively, in fiscal 2021.
- Ample opportunities to grow in water treatment. Nearly monopolistic business in this segment.
- Strong operating cash flows in every quarter. Liquidity is also good, debtors days has also been improved on YoY still its high around 4 months.
Key concern
- Promoter holding is too low despite small equity capital of around 14 Crs and Promoter hold around 27% in the company, FIIs and DIIs hold around 1.5% and 7.8% respectively which was increased by DIIs around 1% in June quarter. Although RJ stake was completely 5% offloaded during the Q3FY21
Plutus management new entrant in this stock around 3.4% taken in Q4FY21.
- Muted topline growth and and declined also in Q1FY22.
- Operating profit margin was also not stable and declined also on QoQ.
View: Share 52 week high 2900 and now 2245 almost 25% corrected from their peak. Share is curently at their support level and next immediate support is around 2005. Those who want to add can add some quantity here and if it correct 2100-2150 can do average for target price of 2500/3250 in short to mid term.
Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Please do the thoroughly study before enter or exit the shares.
RD Stock (“High Returns with Low Risk is the Key”)
*Grasim Industries to invest Rs 2,600 crore in capex in FY22*
Grasim has earmarked over Rs 2,600 crore as capital expenditure (capex) for financial year 2022 in the Viscose Staple Fibre (VSF) business. This will in addition to company’s earlier announcement that it will invest of Rs 5,000 crore in its paint business over three years.
"We are currently in the process of carefully identifying plant sites that are close to consumption hubs for the paint business," Aditya Birla group chairman Kumar Mangalam Birla said while addressing the company's shareholders.
Like other top conglomerates, the group is also investing in renewable energy businesses. "Our solar power business contains a portfolio of solar assets across the states with the cumulative installed capacity at 502 Mw in FY21. We have tripled our capacity in the past two years, aided by the Group’s focus on increasing the share of the renewable power mix in each of our large ABG businesses," Birla said. The cumulative installed capacity is expected to rise to 845 Mw by FY23 based on the current pipeline, Birla said.
On its VSF business, Birla said trial production has started at the new brownfield vilayat project and with this Vilayat will become one of the largest single-location VSF facilities in the world with state-of-the-art technology delivering world-class fibre to Indian spinners.
"This expansion will increase Grasim’s VSF capacity by about 40 per cent, which will cater to the growing demand for sustainable man made cellulosic fibres in the country," Birla said.
The Vilayat expansion project entailed an investment of over Rs 3,500 crore and the capacity utilisation of the business recouped from single digit utilisation levels to full utilization levels towards the end of the year, Birla said.
"In the long term, the endeavour will be to enhance our value added products portfolio to create a meaningful speciality chemicals segment in Grasim. Our aim is to increase the share to 40 per cent for both VSF and chlorine value-added products by 2025," he said.
Earlier Birla had also announced a capex of up to $3 billion in the next five years by Hindalco to increase its capacity in India and overseas. Part of the capex will be deployed by Hindalco subsidiary, Novelis Inc for its auto-finishing lines in the US and China as well as for rolling and recycling capacity expansion in Brazil.
Grasim has earmarked over Rs 2,600 crore as capital expenditure (capex) for financial year 2022 in the Viscose Staple Fibre (VSF) business. This will in addition to company’s earlier announcement that it will invest of Rs 5,000 crore in its paint business over three years.
"We are currently in the process of carefully identifying plant sites that are close to consumption hubs for the paint business," Aditya Birla group chairman Kumar Mangalam Birla said while addressing the company's shareholders.
Like other top conglomerates, the group is also investing in renewable energy businesses. "Our solar power business contains a portfolio of solar assets across the states with the cumulative installed capacity at 502 Mw in FY21. We have tripled our capacity in the past two years, aided by the Group’s focus on increasing the share of the renewable power mix in each of our large ABG businesses," Birla said. The cumulative installed capacity is expected to rise to 845 Mw by FY23 based on the current pipeline, Birla said.
On its VSF business, Birla said trial production has started at the new brownfield vilayat project and with this Vilayat will become one of the largest single-location VSF facilities in the world with state-of-the-art technology delivering world-class fibre to Indian spinners.
"This expansion will increase Grasim’s VSF capacity by about 40 per cent, which will cater to the growing demand for sustainable man made cellulosic fibres in the country," Birla said.
The Vilayat expansion project entailed an investment of over Rs 3,500 crore and the capacity utilisation of the business recouped from single digit utilisation levels to full utilization levels towards the end of the year, Birla said.
"In the long term, the endeavour will be to enhance our value added products portfolio to create a meaningful speciality chemicals segment in Grasim. Our aim is to increase the share to 40 per cent for both VSF and chlorine value-added products by 2025," he said.
Earlier Birla had also announced a capex of up to $3 billion in the next five years by Hindalco to increase its capacity in India and overseas. Part of the capex will be deployed by Hindalco subsidiary, Novelis Inc for its auto-finishing lines in the US and China as well as for rolling and recycling capacity expansion in Brazil.
Nazara Tech Buys 100 % Stake in Popular Gaming & E- Sports Co. OpenPlay For Rs 183 cr
Apollo Micro Systems Advances On Rs 59.62 Crore Order Win Shares of Apollo Micro Systems Ltd. advanced over 4% after the company bagged supply order worth Rs 59.62 crore. In an exchange filing, the company said that the order related to the supply of security and surveillance systems.
GoAir Gets Initial Share Sale Nod From India’s Market Regulator
Go Airlines India Ltd. has got the green light from the nation’s market regulator to raise Rs 3,600 crore ($485 million) through an initial public offering.
GoAir’s share sale was put on hold in June by the Securities and Exchange Board of India. The airline now expects to file a preliminary prospectus in about three weeks.
A GoAir spokesman and representative from Sebi didn’t immediately respond to requests for comment.
A share sale would come at an opportune time for debt-laden GoAir, which is losing money and plans to rely on proceeds from the IPO to repay debt and dues to creditors including Indian Oil Corp.
The carrier, in the process of rebranding itself as GoFirst, has obligations that totaled around Rs 8,160 crore as of mid-April, according to its draft preliminary prospectus.
Source: Bloomberg
Go Airlines India Ltd. has got the green light from the nation’s market regulator to raise Rs 3,600 crore ($485 million) through an initial public offering.
GoAir’s share sale was put on hold in June by the Securities and Exchange Board of India. The airline now expects to file a preliminary prospectus in about three weeks.
A GoAir spokesman and representative from Sebi didn’t immediately respond to requests for comment.
A share sale would come at an opportune time for debt-laden GoAir, which is losing money and plans to rely on proceeds from the IPO to repay debt and dues to creditors including Indian Oil Corp.
The carrier, in the process of rebranding itself as GoFirst, has obligations that totaled around Rs 8,160 crore as of mid-April, according to its draft preliminary prospectus.
Source: Bloomberg
MONEY TIMES TALK - August 29, 2021
EKI Energy Services, a micro-cap dealing in carbon credits with equity of Rs. 5.05 cr. posted a 414% Q1 EPS growth to Rs.37.02 v/s Rs. 8.94 in Q1 FY21. Volumes and PAT margins are rising fast. Cautious buying in small quantities advised.
GMR Infra, which runs Delhi, Nagpur, Hyderabad airports is constructing Goa & Bhogapuram (AP) airports. It now plans to develop Nagpur airport. A good long term buy.
Metal stocks are tumbling on the bourses, but the commodity market is likely to remain strong. Add Nalco, NMDC, SAIL, and Hindustan Zinc.
A veteran market man recommends to buy Ajanta Soya, GMR Infra, Haldyn Glass, Panchsheel Organics and Sika International.
Coal India has a capex target of Rs 17K cr. for FY22. The demand for coal is rising and higher price realizations merit a re-rating. Buy this high dividend paying Navaratna PSU for long term.
High valuations should not be a barrier to price gains in high growth companies. Take advantage of falling prices and buy Happiest Minds and KPIT Technologies.
Godrej Industries has emerged stronger after Covid-19 relaxations. With Q1 EPS of Rs 4.12 v/s Rs. 2.04 in Q1 FY21, it is likely to double its FY21 EPS of Rs. 9.04. Buy.
Rama Steel Tubes tripled its Q1FY22 revenue to Rs. 142.57 cr. from Rs. 48.17 cr. in Q1FY21. With Q1 EPS at Rs. 4.18 v/s a negative EPS of Rs. 1.14 YoY, the stock looks attractive. Add.
Tube Investments, makers of BSA and Hercules bicycles, to launch electric 3-wheeler passenger vehicles in March 2022 and enter the auto rickshaw and cargo segment. A good long-term investment.
The govt. has declared its policy for the next sugar season that will raise the ethanol procurement rate. Buy Rana Sugars and Bajaj Hindustan.
Lupin has launched an Asthama inhaler drug in UK – a generic alternative to Fostair. Its Q1FY22 NP soared 404.30% to Rs. 548.16 cr. on 22.2% rise in revenue to over Rs. 4237 cr. (YoY) An excellent long term buy.
With a big jump in profits, Ajooni Biotech plans a big expansion and will soon launch a Rights issue to fund the capex. Long term prospects look good. Add.
HCL Tech has signed a contract with Munich Re, a leading reinsurer, to create a new generation digital workplace for its workforce across 40 countries. A big positive for higher profitability. Add.
M&M is ramping up its EV capacity and funding plans are already on the drawing board. Hopes of a rights issue can trigger share price hike. A safe investment bet when market looks fully priced.
With glitches out of the way, HDFC Bank plans to issue about 3 lakh credit cards per month in the next few quarters. The share price may move up sentimentally on this news.
Sobha Ltd. not only cut debt but also boosted sales in Q1FY22 despite challenges. A good share to add.
Gravita to buy scrap from large telecom players, UPS OEMs, IT & ITES units, and automobile workshops to recycle lead and lead alloys. Promoters are also raising their stake. Buy.
Since Jan 2021, FPI investments in the Cement sector has risen by 46% given the boom in the sector. Deccan Cements posted a fantastic FY21 and still better Q1FY22. It has the potential to double in a year’s time. A big Buy.
Bajaj Finserve to venture into mutual funds as MF penetration in the country is low. All Bajaj group cos. are faring well in the market. This share can also rise further. Buy.
Marksans Pharma has the USFDA nod for Acetaminophen, a generic version of Tylenol, to treat a variety of pains & aches and to reduce fever. Promoters are also raising their stake. Add.
Aurobindo Pharma’s arm Eugia has received USFDA nod for Cyclophosphamide Injection used in the treatment of cancers & tumours. With 482 ANDA approvals from USFDA makes this company a great buy.
Recently listed Aptus Value Housing is a retail-focused housing finance company that serves the low and middle-income self-employed customers in rural and semi-urban India. It is one of the largest housing finance companies in South India with AUM of Rs. 3790.93 cr. as on 31/12/20. This stock could touch Rs 540.
EKI Energy Services, a micro-cap dealing in carbon credits with equity of Rs. 5.05 cr. posted a 414% Q1 EPS growth to Rs.37.02 v/s Rs. 8.94 in Q1 FY21. Volumes and PAT margins are rising fast. Cautious buying in small quantities advised.
GMR Infra, which runs Delhi, Nagpur, Hyderabad airports is constructing Goa & Bhogapuram (AP) airports. It now plans to develop Nagpur airport. A good long term buy.
Metal stocks are tumbling on the bourses, but the commodity market is likely to remain strong. Add Nalco, NMDC, SAIL, and Hindustan Zinc.
A veteran market man recommends to buy Ajanta Soya, GMR Infra, Haldyn Glass, Panchsheel Organics and Sika International.
Coal India has a capex target of Rs 17K cr. for FY22. The demand for coal is rising and higher price realizations merit a re-rating. Buy this high dividend paying Navaratna PSU for long term.
High valuations should not be a barrier to price gains in high growth companies. Take advantage of falling prices and buy Happiest Minds and KPIT Technologies.
Godrej Industries has emerged stronger after Covid-19 relaxations. With Q1 EPS of Rs 4.12 v/s Rs. 2.04 in Q1 FY21, it is likely to double its FY21 EPS of Rs. 9.04. Buy.
Rama Steel Tubes tripled its Q1FY22 revenue to Rs. 142.57 cr. from Rs. 48.17 cr. in Q1FY21. With Q1 EPS at Rs. 4.18 v/s a negative EPS of Rs. 1.14 YoY, the stock looks attractive. Add.
Tube Investments, makers of BSA and Hercules bicycles, to launch electric 3-wheeler passenger vehicles in March 2022 and enter the auto rickshaw and cargo segment. A good long-term investment.
The govt. has declared its policy for the next sugar season that will raise the ethanol procurement rate. Buy Rana Sugars and Bajaj Hindustan.
Lupin has launched an Asthama inhaler drug in UK – a generic alternative to Fostair. Its Q1FY22 NP soared 404.30% to Rs. 548.16 cr. on 22.2% rise in revenue to over Rs. 4237 cr. (YoY) An excellent long term buy.
With a big jump in profits, Ajooni Biotech plans a big expansion and will soon launch a Rights issue to fund the capex. Long term prospects look good. Add.
HCL Tech has signed a contract with Munich Re, a leading reinsurer, to create a new generation digital workplace for its workforce across 40 countries. A big positive for higher profitability. Add.
M&M is ramping up its EV capacity and funding plans are already on the drawing board. Hopes of a rights issue can trigger share price hike. A safe investment bet when market looks fully priced.
With glitches out of the way, HDFC Bank plans to issue about 3 lakh credit cards per month in the next few quarters. The share price may move up sentimentally on this news.
Sobha Ltd. not only cut debt but also boosted sales in Q1FY22 despite challenges. A good share to add.
Gravita to buy scrap from large telecom players, UPS OEMs, IT & ITES units, and automobile workshops to recycle lead and lead alloys. Promoters are also raising their stake. Buy.
Since Jan 2021, FPI investments in the Cement sector has risen by 46% given the boom in the sector. Deccan Cements posted a fantastic FY21 and still better Q1FY22. It has the potential to double in a year’s time. A big Buy.
Bajaj Finserve to venture into mutual funds as MF penetration in the country is low. All Bajaj group cos. are faring well in the market. This share can also rise further. Buy.
Marksans Pharma has the USFDA nod for Acetaminophen, a generic version of Tylenol, to treat a variety of pains & aches and to reduce fever. Promoters are also raising their stake. Add.
Aurobindo Pharma’s arm Eugia has received USFDA nod for Cyclophosphamide Injection used in the treatment of cancers & tumours. With 482 ANDA approvals from USFDA makes this company a great buy.
Recently listed Aptus Value Housing is a retail-focused housing finance company that serves the low and middle-income self-employed customers in rural and semi-urban India. It is one of the largest housing finance companies in South India with AUM of Rs. 3790.93 cr. as on 31/12/20. This stock could touch Rs 540.
Driven by growth in NIM and higher RoA & RoE, Karur Vysya Bank is a good pick. Its asset quality is not much affected by the Covid 2nd wave. Both FIIs & DIIs have raised their holding in Q1FY22. Ace investor, Ashish Dhawan, has also raised his stake from 1.74% to 1.89%. This share could touch Rs 62.
Everest Kanto is firing on all cylinders. It is financing its expansion mostly by internal accruals and will turn debt-free in one year. The share is valued very conservatively and is sure to be re-rated.
Federal Mogul, the auto components multinational, is faring better than the industry. Its debt-free status makes it attractive for the medium term.
Uflex is undervalued compared to its peers in the packaging industry. Expansion in capacity will ensure better performance in future.
Stel Holdings, the holding co. of the Harsh Goenka group trades around 30% of its intrinsic value. Its book value stands at Rs.420 v/s cmp of Rs.138. The promoter group has been buying from the market in the past 2 weeks indicating that some value un-locking may happen. A good value buy in these volatile times.
Wtih textile exports recording double digit growth, keep Sarla Performance Fibres on your radar as this100% EOU manufacturing of specialized and value added yarns can easily appreciate by 50% from the current level.
TRAI has asked DOT to allow Indian cos. to obtain bandwidth from foreign based satellites. This paves the way for NELCO-Telesat to begin its operations along with OneWeb of Bharti. Buy Tata group’s Nelco at every decline for multi-bagger gains.
Venky’s India and Kabra Extrusion recommended last week have surged over 20% each in one week.
Arvind Fashion – Recommended a few months back has given a return of 100%.
Allied Digital Services has won a Rs.600 cr. order from a global auto major to be executed at Rs. 100 cr. per year. This is 30% of the current top-line from a single client. With a market cap of Rs 360cr and top-line of 350 cr., it is trading at very low multiples. Buy for a target of Rs.95.
Indian Bank is stronger after Allahabad Bank merged with it. Its FY21 EPS of Rs.28 may rise to Rs.36 in FY22. It trades at less than 4 times FY22E earnings and 0.4 times of book value. Both FIIs & DIIs have increased their stake. Buy for 50% gains within 1 year.
Denis Chem Lab, which is into sterile intravenous injectables posted 250% higher Q1 NP of Rs.1.61 cr. v/s Rs.46 lakh in Q1FY21. Stock is available at an attractive valuation around Rs.58 against its high Rs.205. Buy for good return in the short term.
Haldyn Glass is a leader in soda lime flint and amber glass containers for pharma, liquor, cosmetics and food & beverages. It posted Q1FY22 net profit of Rs.2.16 cr. v/s loss of Rs.3.03 cr.in Q1FY21. Its small equity of Rs.5.38 cr. is supported by huge reserves of Rs.138.67 cr. All glass stocks trade at very high PE but Haldyn Glass is available cheap valuation. Buy for very good return in the medium to long term.
Sika Interplant System focused on aerospace & defence is available cum 40% dividend. On its very small equity of Rs.4.24 cr., it posted Q1 net profit of Rs. 4.09 cr. with EPS of Rs.9.65. Stock looks very attractive buy for medium to long term.
MK Exim (India) is a growth-oriented business enterprise with operations and expansion in multiple domains having manufacturing facilities for fabric, readymade garments and jewellery has notched 257% higher Q1FY22 EPS of Rs 2.7 against Rs 10.6 in FY21. This could lead to an EPS of Rs 14 in FY22. The share may cross the Rs 100 mark.
KIC Metaliks, the backward integrated state-of-the-art technology Annular Sinter plant of 3,36,600 MTPA converts iron ore fines and coke fines into coarse grained iron ore sinter has notched Q1FY22 EPS of Rs 3 against minus Rs 1.2 in Q1FY21, which may lead to FY22 EPS of Rs 10 v/s Rs 3 in FY21 on its equity of Rs 7.1 cr. Buy for 50% gain.
Jammu & Kashmir Bank posted 1000% higher Q1FY22 EPS of Rs 1.4. The bank is expected to garner an EPS of Rs 8 in FY22 against FY21 EPS of Rs 6. The share is expected to fetch a gain of 50%. Buy.
Everest Kanto is firing on all cylinders. It is financing its expansion mostly by internal accruals and will turn debt-free in one year. The share is valued very conservatively and is sure to be re-rated.
Federal Mogul, the auto components multinational, is faring better than the industry. Its debt-free status makes it attractive for the medium term.
Uflex is undervalued compared to its peers in the packaging industry. Expansion in capacity will ensure better performance in future.
Stel Holdings, the holding co. of the Harsh Goenka group trades around 30% of its intrinsic value. Its book value stands at Rs.420 v/s cmp of Rs.138. The promoter group has been buying from the market in the past 2 weeks indicating that some value un-locking may happen. A good value buy in these volatile times.
Wtih textile exports recording double digit growth, keep Sarla Performance Fibres on your radar as this100% EOU manufacturing of specialized and value added yarns can easily appreciate by 50% from the current level.
TRAI has asked DOT to allow Indian cos. to obtain bandwidth from foreign based satellites. This paves the way for NELCO-Telesat to begin its operations along with OneWeb of Bharti. Buy Tata group’s Nelco at every decline for multi-bagger gains.
Venky’s India and Kabra Extrusion recommended last week have surged over 20% each in one week.
Arvind Fashion – Recommended a few months back has given a return of 100%.
Allied Digital Services has won a Rs.600 cr. order from a global auto major to be executed at Rs. 100 cr. per year. This is 30% of the current top-line from a single client. With a market cap of Rs 360cr and top-line of 350 cr., it is trading at very low multiples. Buy for a target of Rs.95.
Indian Bank is stronger after Allahabad Bank merged with it. Its FY21 EPS of Rs.28 may rise to Rs.36 in FY22. It trades at less than 4 times FY22E earnings and 0.4 times of book value. Both FIIs & DIIs have increased their stake. Buy for 50% gains within 1 year.
Denis Chem Lab, which is into sterile intravenous injectables posted 250% higher Q1 NP of Rs.1.61 cr. v/s Rs.46 lakh in Q1FY21. Stock is available at an attractive valuation around Rs.58 against its high Rs.205. Buy for good return in the short term.
Haldyn Glass is a leader in soda lime flint and amber glass containers for pharma, liquor, cosmetics and food & beverages. It posted Q1FY22 net profit of Rs.2.16 cr. v/s loss of Rs.3.03 cr.in Q1FY21. Its small equity of Rs.5.38 cr. is supported by huge reserves of Rs.138.67 cr. All glass stocks trade at very high PE but Haldyn Glass is available cheap valuation. Buy for very good return in the medium to long term.
Sika Interplant System focused on aerospace & defence is available cum 40% dividend. On its very small equity of Rs.4.24 cr., it posted Q1 net profit of Rs. 4.09 cr. with EPS of Rs.9.65. Stock looks very attractive buy for medium to long term.
MK Exim (India) is a growth-oriented business enterprise with operations and expansion in multiple domains having manufacturing facilities for fabric, readymade garments and jewellery has notched 257% higher Q1FY22 EPS of Rs 2.7 against Rs 10.6 in FY21. This could lead to an EPS of Rs 14 in FY22. The share may cross the Rs 100 mark.
KIC Metaliks, the backward integrated state-of-the-art technology Annular Sinter plant of 3,36,600 MTPA converts iron ore fines and coke fines into coarse grained iron ore sinter has notched Q1FY22 EPS of Rs 3 against minus Rs 1.2 in Q1FY21, which may lead to FY22 EPS of Rs 10 v/s Rs 3 in FY21 on its equity of Rs 7.1 cr. Buy for 50% gain.
Jammu & Kashmir Bank posted 1000% higher Q1FY22 EPS of Rs 1.4. The bank is expected to garner an EPS of Rs 8 in FY22 against FY21 EPS of Rs 6. The share is expected to fetch a gain of 50%. Buy.
Sree Rayalaseema Hypo Strength, manufacturer of organic and inorganic chemicals for almost all industries with a 10MW power plant and 11.25 MW of wind power has posted 34% higher Q1 EPS of Rs 10.6 against Rs 35.3 in FY21, which may lead to FY22 EPS of Rs 45. The share has all the potential to gain 50%. Accumulate.
Pondy Oxides, manufacturer of Lead Metal and alloys used for automotive and industrial use has notched 322% higher Q1FY22 EPS of Rs 14.8. Based on the current going, POL is expected to post FY22 EPS of about Rs 45+. The share made an all-time high of Rs 779 on 24 Oct 2017 could fetch a decent gain of 50-60%. Buy.
Uflex Ltd, the market leader in flexible packaging, has notched 34% higher Q1 EPS of Rs 36.6 against FY21 EPS of Rs 117. With a likely FY22 EPS of Rs 140, the share may cross the Rs 840 mark in the medium term, Buy.
Universal Starch-Chem engaged in the starch business and liquid glucose and dextrose products catering to the Food, Pharmaceutical, Textile, Paper & Adhesive industries has notched 862% higher FY21 EPS of Rs 15, which may rise to FY22 EPS of Rs 18 on its small equity of Rs 4.6 cr. The share is expected to gain 30%. Accumulate.
INEOS Styrolution, a 75% MNC, is the leading global styrenics supplier with with world-class production facilities for products in the automotive, electronics, packaging, household, construction, healthcare, toys and sports sectors has notched Q1FY22 EPS of Rs 49 against FY21 EPS of Rs 157.5. This could lead to FY22 EPS of over Rs 200. Buy for 25% gain.
The Rs 310 cr. expansion initiated by Meghmani Organics will vastly improve its fundamentals with the management targeting sales of Rs 3,000 cr. in FY24. The share is poised for a quantum jump going forward. FY22 EPS could touch Rs 12+. Accumulate.
Escorts Ltd, an Indian multinational and automotive engineering operating co. in the agri-machinery, tractors, construction machinery, material handling, and railway equipment etc. has notched 67% higher EPS of Rs 18 in Q1FY22. This could lead to an FY22 EPS of over Rs 90 in FY22. Buy for 20% gain.
Intense Technologies with two decades in telecom, banking & finance, manufacturing, energy & utilities and insurance verticals having customers in 45 countries offers dynamic digital platforms globally to transform digital customer experiences for Fortune 500 clients has notched Q1FY22 EPS of Rs 5.3 (on small equity of Rs 4.5 cr.) which could lead to an EPS of Rs 15 in FY22. The share may fetch a decent gain of 30-40%. Buy.
Shreyans Industries with 94, 000 TPA capacity of writing & printing paper has notched 35% higherQ1 EPS of Rs 6.6 against Rs 6.4 in FY21. This could take FY22 EPS to Rs 20+. The share is expected to touch the Rs 160 mark.
Thirumalai Chemicals producing 15 chemicals including phthalic anhydride, maleic acid and fine chemicals exported to 34 countries has notched Q1FY22 EPS of Rs 6.4 against Rs 11.5 in FY21. Buy for 33% gain.
Talbros Engineering, a leading manufacturer of Axle Shafts for OEMs servicing Passenger Vehicles, Commercial Vehicle, Off-road and Tractor segments with four plants has reported 1000% higher Q1FY22 EPS of Rs 9.2 against FY21 EPS of Rs 21.2, which could lead to FY22 EPS of Rs 40+ . The share, which made a lifetime high of Rs 824 on 11 Oct 2017 is expected to touch Rs 480 in the medium term. Buy.
Pondy Oxides, manufacturer of Lead Metal and alloys used for automotive and industrial use has notched 322% higher Q1FY22 EPS of Rs 14.8. Based on the current going, POL is expected to post FY22 EPS of about Rs 45+. The share made an all-time high of Rs 779 on 24 Oct 2017 could fetch a decent gain of 50-60%. Buy.
Uflex Ltd, the market leader in flexible packaging, has notched 34% higher Q1 EPS of Rs 36.6 against FY21 EPS of Rs 117. With a likely FY22 EPS of Rs 140, the share may cross the Rs 840 mark in the medium term, Buy.
Universal Starch-Chem engaged in the starch business and liquid glucose and dextrose products catering to the Food, Pharmaceutical, Textile, Paper & Adhesive industries has notched 862% higher FY21 EPS of Rs 15, which may rise to FY22 EPS of Rs 18 on its small equity of Rs 4.6 cr. The share is expected to gain 30%. Accumulate.
INEOS Styrolution, a 75% MNC, is the leading global styrenics supplier with with world-class production facilities for products in the automotive, electronics, packaging, household, construction, healthcare, toys and sports sectors has notched Q1FY22 EPS of Rs 49 against FY21 EPS of Rs 157.5. This could lead to FY22 EPS of over Rs 200. Buy for 25% gain.
The Rs 310 cr. expansion initiated by Meghmani Organics will vastly improve its fundamentals with the management targeting sales of Rs 3,000 cr. in FY24. The share is poised for a quantum jump going forward. FY22 EPS could touch Rs 12+. Accumulate.
Escorts Ltd, an Indian multinational and automotive engineering operating co. in the agri-machinery, tractors, construction machinery, material handling, and railway equipment etc. has notched 67% higher EPS of Rs 18 in Q1FY22. This could lead to an FY22 EPS of over Rs 90 in FY22. Buy for 20% gain.
Intense Technologies with two decades in telecom, banking & finance, manufacturing, energy & utilities and insurance verticals having customers in 45 countries offers dynamic digital platforms globally to transform digital customer experiences for Fortune 500 clients has notched Q1FY22 EPS of Rs 5.3 (on small equity of Rs 4.5 cr.) which could lead to an EPS of Rs 15 in FY22. The share may fetch a decent gain of 30-40%. Buy.
Shreyans Industries with 94, 000 TPA capacity of writing & printing paper has notched 35% higherQ1 EPS of Rs 6.6 against Rs 6.4 in FY21. This could take FY22 EPS to Rs 20+. The share is expected to touch the Rs 160 mark.
Thirumalai Chemicals producing 15 chemicals including phthalic anhydride, maleic acid and fine chemicals exported to 34 countries has notched Q1FY22 EPS of Rs 6.4 against Rs 11.5 in FY21. Buy for 33% gain.
Talbros Engineering, a leading manufacturer of Axle Shafts for OEMs servicing Passenger Vehicles, Commercial Vehicle, Off-road and Tractor segments with four plants has reported 1000% higher Q1FY22 EPS of Rs 9.2 against FY21 EPS of Rs 21.2, which could lead to FY22 EPS of Rs 40+ . The share, which made a lifetime high of Rs 824 on 11 Oct 2017 is expected to touch Rs 480 in the medium term. Buy.
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Premium Members Get pre entry in all Super Duper , Bumper and majority Newsletter Stocks.
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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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New members and existing members who make payment and send screenshots after the month end, shall have to compulsorily opt for quarterly or yearly.Monthly membership option is available only if payment is made before month end along with screenshot sent to any of the admins.
Please don't call admins... just send your message or queries.
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.
Monthly - 1.5k
Quarterly - 4k
Yearly - 15k
New members and existing members who make payment and send screenshots after the month end, shall have to compulsorily opt for quarterly or yearly.Monthly membership option is available only if payment is made before month end along with screenshot sent to any of the admins.
Please don't call admins... just send your message or queries.
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To avail the paid services of our group , everyone needs to do the following set of activities :
1) Everyone needs to fill in the Google Forms with the correct and accueate details.The form needs to be read carefully and then give upon your consent.
2)Pay us the fees of Rs.1500 each month either through Google Pay or Bank Transfers(details of payment are attached in the Google Form)
3) Upon completion of payment , take a screenshot of the acknowledgement and send it to us.It can be sent to the admin on the following numbers on the WhatsApp or Telegram :
Jimit Parekh Sir : +91 9821722433
Darpan Solanki Sir : +91 9924832776
Divesh Jain Sir: +91 9870736813
Along with the screenshot pls give us your NAME & Mobile Number to confirm with our Google Form Records.
PLS NOTE : STRICTLY ONLY MESSAGES , NO CALLS ON THE GIVEN NUMBERS.
https://docs.google.com/forms/d/e/1FAIpQLSed5g8JiIGlttu3IUlkJwnCdEMzv-1Z_hr3ylfU55pepmCb6A/viewform?usp=sf_link
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5️⃣Those who want…
📢PLS READ IT VERY CAREFULLY BEFORE AGREEING
1️⃣No phone calls or personal message to the admins.
2️⃣No chit-chat shall be entertained in the group.
3️⃣No sure shot on any views.
4️⃣Profit / loss not guaranteed.
5️⃣Those who want…
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Payment Details of Market Wizard has changed. Please take note of New Payment Details.
⏩GOOGLE PAY
MARKET WIZARD Mobile No - 9820456934
⏩BANK TRANSFER
SATISH KANTILAL SHETH
ACC No - 54000371858
IFSC Code - SBIN0000552
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Anyone paying on Old Payment Details will not be considered. Take Note for the same.
MARKET WIZARD NEWSLETTER ISSUE 25.pdf
1.6 MB
MARKET WIZARD NEWSLETTER ISSUE 25
🎯Fundamental Stocks
▶️ Bajaj Consumer Care Ltd - Special Pick
▶️ V Guard Industries Ltd
🎯Technical Stocks
▶️ Menon Bearings Ltd
▶️ Sterling Tools Ltd
▶️ Zentec Ltd
TEAM MARKET WIZARD
Whatsapp Group - https://chat.whatsapp.com/EJklaapxwFOKnE6f8UBJ6B
🎯Fundamental Stocks
▶️ Bajaj Consumer Care Ltd - Special Pick
▶️ V Guard Industries Ltd
🎯Technical Stocks
▶️ Menon Bearings Ltd
▶️ Sterling Tools Ltd
▶️ Zentec Ltd
TEAM MARKET WIZARD
Whatsapp Group - https://chat.whatsapp.com/EJklaapxwFOKnE6f8UBJ6B