IOL CHEMICALS & PHARMA :

IN AGM On 26th SEPT'20
Mr. Vijay Garg mentioned that the reason for revenue shortage in Q1 was due to shutdown of plant for 2 weeks due to lockdown.

Now management is confident of posting better results in Q2 FY21 and rest of the FY which will cover 25%-30% growth. Ibuprofen price remains stable at USD 15-20. IOL avg price in market is USD 16.

Regarding CAPEX they plan for 150-250 Crore every year from internal accruals.Mr. Vijay Garg has answered all the queries of investors in detail without missing any single query. Q&A session lasted for 45 mins which shows how much IOL has gained investor attention now.

Also revenue expected from Metformin is 150-200 crores every year. Ibuprofen demand is more than supply of all companies as per Vijay Garg. As per Vijay Garg, Q2 results will be announced in 30-45 days. All eyes now on Q2 results and con calls.
CARE credit rating is also stable.

Selling too early just because STOCK has run up too much too fast.

Till there is a visibility of business potential and company growth path, one should ride the growth as maximum as possible.

BANK NIFTY RACING

+350

MORATORIUM DECISION COMING @10 AM

IF POSITIVE BANKS WLD BLAST MORE

MASTEK GETTING READY FOR NEW ALL TIME HIGH VERY SOON

AS TOLD & EXPECTED

NIFTY AT DAYS HIGH 11236

BANK NIFTY ALSO AT DAYS HIGH 21650++

8a5c4a73-d9a9-4219-959c-70114d4c99b8.pdf

LAURUS LABS

YEST LOCKED IN 10% UC

WONT be SUPRISED TO SEE 3000/5000 ON STOCK IN NEXT 3 YEARS

STOCK READY

FOR BIGGER UPMOVE

ONCE 3070 CROSSED & SUSTAINED CAN SEE CLEAN UPMOVE FOR HIGHER LEVELS

LAURUS LAB STOCK SPLIT FROM
RS.10 TO RS.2 FACE VALUE

PEICE JUST GOT ADJUSTED

ONE MORE CHEMICAL STOCK

ONLY FOR LONGTERM

NOT TO MISS

VALIANT ORGANIC

CMP - 3000

SUPPORT @ 2850/2700

AGRESSIVE PLAYERS ADD NOW AND SAFE PLAYERS ADD NEAR SUPPORT LEVELS

EXPECTING - 5000/7000/10000+

S/L - As Per Risk

NIFTY

500 POINTS RECOVERED FROM OUR SUPPORT LEVELS OF 10805

FRESH RALLY IN NIFTY ONLY ON CLOSE ABOVE 11300

KEep 👀👀 1⃣1⃣3⃣0⃣0⃣ LEVELS ON NIFTY

KOPRAN

AGAIN BACK TO 90 LEVELS
FROM RECENT LOWS OF 77

AFTER Q2 NUMBER WE CAN SEE AGAIN BIG RE RATING

TRADING BET

GMM PFAUDLR

CMP - 3450

FPO AROUND THOSE RATE ONLY

SUPPORT@ 3250/3200

POSSIBLE TEST LEVELS- 3900/4200/4350++

S/L - As Per Risk or 2% Below Support levels

https://wealthcreatures.com/2019/07/26/mangalam-organic-time-to-slowly-accmulte-to-rip-benefits-in-long-term/


ONE CAN LOOK FOR ADDING MANGALAM ORGANIC NEAR DAYS LOWS @428 - 430 ZONE & ON ALL DIPS IN SIP BELOW 400 IF IT SLEEPS

PURE INVESTMENT PICK
FOR 12 TO 18 MONTHS ONLY