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Equity markets ends at Record high in 2019 Elevated Range in Nifty

Momentum Even thoughthe market doesn't

2020
have changed its range of supports
from our last article, but still the range

will continue in of the markets has been elevated for Jignesh R Mehta
sure. In last article, we were saying a Ring : 93 27 11 33 44
good momentum can be seen above Twitter: @jigneshrmehta
12200 and below 12200 is the 12000 (SEBI Registered Research Analyst)

2020 - A YEAR OF MID-CAPS which is rock solid support for the E-mail : support@kiranjadhav.com
NIFTY. The same way a good momen- Website : www.KiranJadhav.com
tum on BANK NIFTY should be above 32200 and below this, 32000 is stal-
wart support. The reason why we are saying the elevated range in this ar-
Market Scan STAR FOR 2020 ticle is only because the call writers are not piling up at any level below
12500 and 33000 on NIFTY and BANKNIFTY respectively. Also rollovers
Jatin Sanghavi Buy NESCO 674 SL 605 Tgt 809-951 among put writers on 12000 and 12200 are quite high on weekly as well as
(Mumbai) monthly expiry on Nifty. The similar high rollovers have been observed on
(M) 098205 26455
put side on 32200 & 32000. Therefore with utmost conviction one can say
E-mail : that markets are holding above good supports and not likely to break those
jatinsanghavi100@yahoo.com at least for short time. Also the month that we are going in to is just the
month before BUDGET and hence a pre-budget rally could also be expected
Merry Xmas and A Prosper-
in the markets. People on the streets are already believing that ruling gov-
ous 2020 To All Our Readers &
ernment holds a real good chance to come back with big announcements in
Followers.
coming budget and they wouldn't want to miss it anyways.
OUTLOOK 2020 - NIFTY.
" Since September 2018, Nifty
APL Apollo Tubes Ltd.(1778)
has been under consolidation in the
form of two Rounding Bottoms. The
NSE: APLAPOLLO, SECTOR:Steel Tubes & Pipes
" Higher bottom is at Recommendations FOR 2020 We don't know how
consolidation got completed last
11800, a break below which Stocks CMP SL Tgt-1 Tgt-2 many times we brought to
month as the Nifty is now headed
will take the Nifty in intermedi- Buy SANOFi 6983 6414 8267 9593 you a meaningful Triangle
northwards. Nifty (CMP 12245) is
ate Corrective mode. pattern in last year for small
having a Pattern Target of 13500 Buy AXiSBank 760 707 913 1077
" 11090 is the key pattern Buy NESCO cap company, but we are
which is roughly 10% above the 674 605 809 951
sure that it hasn't happened
prevailing price. failure level for the Nifty, a break of " The massive divergence is that frequent. This time we do
which will negate the pattern tar- likely to give away to a strong and have brought APLAPOLLO
Every Sunday get and take the market into Bear broad based rally as the Mid-Caps Company which is in to Steel

SMART terrain.
OUTLOOK 2020
look set to outperform by atleast
double for 2020.
Tubes and Pipes business and nearly a Small Cap company. Price of this
counter was quite in a down trend since JAN-2018. Price almost took a
INVESTMENT MID-CAPS TO RULE. " Mid-Cap100 (17006) has nose dive from the level of about 2575 to about 1003 in FEB-2019. But it is
" Interestingly, Mid-Cap and completed a Bullish Falling Wedge almost a ray of hope that ever since FEB-2019 price never made at least
Every Wednesday Pattern and is heading for a target
Small-Cap Indices have the lower lows. Price kept making lower highs as well until the recent time.
Guj arati Fi nanci al Weekly of 19662 to 21262 which translates
underperformed the Nifty for last By joining these higher lows and lower highs we have formed a Triangle
two years and it seems the indices into a rise of roughly 15% to 25% pattern with 3-2 citations which generally gives the validity to the Triangle.
are ready to play catch up. for the coming year. Recently, price is breaking above the Triangle and while doing that the
long term group of EMAs are spreading positive along with short term
group of EMAs that too have turned bullish. Ever since, the Triangle pat-
Avoid financial accidents! Become an empowered investor Think about tern is formed the price is seeing some high volume days and that gives us
Learn the Art of Investing by attending our learning session near you. NIFTY FUTURE ? volume cluster. All and all the price has broken out of a good symmetrical
pattern and ready to surpass the target of about 2300 in next 1 and half
Delhi (5 Jan 2020); Webinar (Sundays of Feb 2020) Think
year only. If your financial advisor is at view to permit you stop loss at 1500
To register for our seminar, WhatsApp to +91 98495 19188 NIFTYPREPAID.COM level initially and then to trail it along with most emerged support lines then
Enjoy REAL Profit !!!! you can venture in to this stock with proper money management.
Make CONSISTENT Profit !!!! Jignesh R Mehta (SEBI Registered Research Analyst)
www.kiranjadhav.com / support@kiranjadhav.com
BUY.... BUY....BUY TIPS OF THE WEEK 8401810865 Phone: 9327 11 33 44 / 9328 11 33 44 / Twitter: @jigneshrmehta
Disclosers: Views expressed in this article/articles are personal opinion of Author and it
does not constitute an offer to buy or sell securities mentioned herein. Enough care has been
Co. Name Code Price Co. Name Code Price taken before arriving at these data, figures & charts, however, readers are advised to do their
PNB 532461 65.00 Jyothy Labs. 532926 148.00 Sensex-Nifty is at life highs own assessment before taking any actions in the market. The author and his company does not
SBI 500112 337.00 take any responsibility for any results that may arise out of using this information.
Snowman Log. 538635 42.00
But Your portfolio is still
BOB
Federal Bank
532134
500469
104.00
88.00
CESC
Kaveri Seeds
500084
532899
748.00
539.00 down by 30-50% ??? Rapid Fire Stocks
L&T Fin. 540005 1760.00 HDFC Life 540777 631.00 You want to reshuffle Get Expert tips on Share Trading
Hindalco 500440 215.00 L&T 500510 1299.00
I.B. Ventures 532960 194.00 Marico 531642 340.00 your loss making stocks With Personal Assistance for your Trades
Motherson Sum. 517334 147.00 NESCO 505355 674.00 into profitable ones ? and Capital Protection at a Very Nominal Cost
JSW Steel 500228 268.00 Axis Bank 532215 760.00 For register whatsApp -
DLF 532868 232.00 D-Mart 540376 1924.00
Your name, Let the Experts Guide Whatsapp @
Apex Frozen 540692 351.00 PVR 532689 1884.00
Mobile number, City on you towards the
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500290 65536.00 7744804098 journey of Profits ! 9769037711
2 Wel Come
2 02 0 Christmas
SMART INVESTMENT
th
29 December 2019 to 4 January 2020 th
Special Issue
Rapid Fire Stocks - Kalpna J
(Email- Kjtech79@gmail.com)
Next week NIFTY has Investment Ideas
strong support around 12195 levels telegram.me/rupeegains7
(Ring : 97690 37711) Twitter : @Kj_TechTrades
NIFTY :- For next week NIFTY has strong support around 12195 levels. Break will take it to 12155-12115
levels. On the upper side NIFTY will face strong hurdle at 12295 levels, cross over with volume and close above
Reliance Industries Ltd. (Rs. 1515) will create short covering at take NIFTY up to 12350-12375 levels…
Targets - 1595-1650, Time Frame - 6-18 Months, SL - 1350 BANK NIFTY :- For next week BANK NIFTY has strong support around 32200 levels. Break will take it to
The total market capitalisation of Rs9 lakh cr and is now the most valued 32075-31960 levels. On the upper side BANK NIFTY will face strong hurdle at 32503 levels, cross over with
Indian company in terms of market cap (m-cap). volume and close above will create short covering at take BANK NIFTY up to 32700-32800 levels…
Reliance Industries Limited is an Indian multinational conglomerate com-
pany headquartered in Mumbai, Maharashtra, India. Reliance owns businesses
across India engaged in energy, petrochemicals, textiles, natural resources, :- INVESTMENT IDEAS -:
retail, and telecommunications MANALI PETROCHEMI- The company offers edible, photo- cement packing, lube oils, easy
• Increase in revenue was majorly driven by higher price realizations of pet- graphic, technical, and pharmaceu- peel seal films, masking films and
rochemical and refinery products led by increase in Brent crude price. In-
CAL LTD (500268 & NSE)
tical gelatins, as well as Ossian. surface protection films, cable
creased revenues also reflected higher volumes with the commissioning of (18.55) (Face Value Rs.5) :- wraps, metalizing, pet foods, and
IGCL's superior product line is fit for
new petrochemical facilities. Company had paid 15% dividend for auto industry, as well as specialty
consumption in halal and interna-
• Refining & Marketing segment EBIT declined by 19.6% yoy to Rs5,322cr FY19. Stock has given bullish rever- applications. In addition, it offers
tional markets, which has paved a
impacted by significantly higher crude price, tighter light-heavy differential sal pattern from lower levels with surface protection films for sub-
and adverse movement in light distillate cracks on yoy basis and shutdown way for export to USA, the EU, Ja-
volume which is bullish sign. Tech- strates, such as stainless steel,
of Fluid Catalytic Cracking Unit (FCC). RIL's Jamnagar refineries processed pan, Korea, Middle Eastern coun-
nically stock is looking strong and coated metals, aluminum compos-
17.7 MMT of crude. tries and Indonesia, amongst oth-
expect sharp fireworks in this ite panels, clean rooms, PVC/plas-
• GRM for Q2FY19 stood at $9.5/bbl against $12/bbl in Q2FY18, missing ers. It has an equity base of just
counter. Everyone, whose financial tic, decorative laminates, carpets,
the estimate of $10.4/bbl. Rs.7.09crore that is supported by
advisor is allowing to trade in this marble/tiles, and aluminum and
• Retail revenue grew by 121.5% yoy to Rs32,436cr, driven by store expan- reserves of around Rs.95.74crore.
stock for short term can watch with PVC sections.
sion, strong value proposition and focus on customer experience across The Promoters hold 61.36% while
stop loss of 17.75. It has an equity base of just
all consumption baskets. Retail now has 9,146 stores. the investing public holds 38.64%
• Jio has accelerated its pace of subscriber additions with net addition dur- GANESH BENZOPLAST stake in the company. Ace small cap Rs.3crore that is supported by re-
ing the quarter of 37million. ARPU during the quarter stood at Rs131.7 per LTD (500153) (37.25) (Face investor Subramanian P holds serve of Rs.27.39crore. The Pro-
subscriber per month, in-line with our estimate of Rs131 Value Re.1) :- The Company is 4.03% stake in this Company. Com- moters hold 67.12% while the in-
Reliance Industries Limited is a Fortune 500 company and the largest pri- the leading independent Liquid Stor- pany has reported fantastic num- vesting public holds 32.88% stake
vate sector corporation in India. age Tank (LST) provider, special- bers for Q2FY20 and H1FY20. For in the company.
As Reliance sets sights on even more ambitious goals, inspired and guided ized in the storage and handling of Company has reported fantas-
Q2FY20, PAT zoomed 69.54% to
by the story and philosophy of our founder chairman Dhirubhai Ambani. Hail- tic num bers for Q2F Y20 and
liquid chemicals and oil products Rs.2.56crore from Rs.1.51crore on
ing from modest means, he followed his dream to create India's largest com- H1F Y20. F or Q2 FY20, PAT
and has storage terminals at JNPT 15.57% higher sales of
pany. Reliance as an organisation has adopted this ethos of converting adver-
(Navi Mumbai), Cochin and Goa. Rs.33.69crore fetching an EPS of zoomed 539% to Rs.1.15crore
sity into opportunity and making the impossible possible by challenging con-
GBL is also in the business of manu- Rs.3.62. During H1FY20, PAT grew from Rs.0.18crore on sales of
ventional wisdom.
1) March 16, 2018: Recognized for their innovation and bringing transforma- facturing of specialty chemicals, 22.18% to Rs.3.69crore from Rs.24.54crore fetching an EPS of
tional change to India, Reliance Industries Limited (RIL), a leading pro- food preservatives and oil additives Rs.3.02crore on 14% higher sales Rs.3.82. During H1FY20, PAT
vider of energy, petrochemicals, textiles, retail, telecommunications and having two factories at MIDC of Rs.62.55crore fetching an EPS grew 196% to Rs.2.10crore from
digital services, was presented with the ‘Drivers of Change’ award at the Tarapur (Maharashtra). In LST di- of Rs.5.20. Rs. 0.71 crore on s ales of
Financial Times ArcelorMittal Boldness in Business Awards vision, the Company has a com- Currently, the stock trades at a Rs.49.47crore fetching an EPS of
2) Barcelona, Spain, 28th February 2018: Reliance Jio Infocomm Ltd. (Jio) bined storage capacity of more than P/E of just 10.2x. Company is con- Rs.6.99.
announced today that the JioTV app has won the “Best Mobile Video Con- 3,00,000 KL, for storage of all types stantly increasing its dividend ratio. Currently, the stock trades at
tent” award at the prestigious Global Mobile (GLOMO) Awards 2018 at the of Liquid Products such as 'A', 'B', It paid 9% dividend for FY17, paid a P/E of just 6x. Company paid
Mobile World Congress (MWC). The other nominees for this award in- and 'C' class liquids. The Company 20% dividend for FY18 and paid 15% dividend for FY19. Its recent
cluded Airtel TV, Migu Hot Video & Bioscope Live TV. has total 82 storage tanks at JNPT, 35% dividend for FY19. Its recent high rate was Rs.179 which was
3) Mumbai, 9th March 2018: India’s popular Live TV App JioTV announced Goa and Cochin terminals. Under high rate was Rs.157.75 which was formed in May 2018. Stock almost
that it has introduced India’s FIRST interactive sports experience for con- Chemical Division, the Company is corrected 52% from recent high.
formed in July 2017. Stock almost
sumers watching the ongoing tri-nation Nidahas trophy which is being shown Everyone, whose financial advisor
engaged in manufacturing and ex- corrected 41% from recent high.
exclusively on JioTV in India. With this, JioTV consumers can interact with is allowing to trade in this stock for
porting wide range of food preser- Everyone, whose financial advisor
the game while watching it - A revolution in the Live TV space.
vatives, lubricant additives, specialty is allowing to trade in this stock for medium to long term can watch
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap
Chemicals. GBL products are used medium to long term can watch with with stop loss of 70.
company (having a market cap of Rs 577878.54 Crore) operating in Miscella-
in food & beverage, paints, automo- stop loss of 80. Disclosures: At the time of writing this
neous sector. article, author, his clients & dependent
For the quarter ended 31-12-2017, the company has reported a Consoli- bile, pharmaceutical, lubricants in- ECOPLAST LTD (526703) family members may have positions in the
dated sales of Rs 99810.00 Crore, up 9.10 % from last quarter Sales of Rs dustries etc. The Company markets (86) (Face Value Re.10) :- In- stocks mentioned above. The author, his
91481.00 Crore and up 18.55 % from last year same quarter Sales of Rs its products through distributors in firm, his clients or any of his dependent
corporated in 1981, Mumbai based
family members may make purchases or
84189.00 Crore Company has reported net profit after tax of Rs 9406.00 Crore Africa, North America, North Eu- Ecoplast Limited manufactures, sale of the securities mentioned in website.
in latest quarter. rope, India, Australia, and the processes, and sells co-extruded Author may have positions in above stocks

Balkrishna Industries (Rs. 961) Middle East. Company is the only

manufacturer of pure Benzoic Acid
plastic films for packaging, indus-
trial, and other specialty applica-
so have vested interest obviously in their
going up or down as the case may be.
Disclaimer: Investing in any equity is
Targets - 1050-1111, Time Frame - 6-18 Months, SL - 750 & its Derivatives like Sodium Ben- tions worldwide. It offers multilayer risky. Our recommendations are based on
Founded in 1987 as a bicycle tyremaker, Balkrishna Industries’ rise over zoate well known food preservative co-extruded polyethylene and co- reliable & authenticated sources believed
the past decade and a half has been phenomenal after it diversified into mak- and Benzoplast a Specialty plasti- polymer films. The company also to be true & correct, and also is technical
ing tyres for off-the-road, industrial and construction vehicles. The company, analysis based on & conceived from
cizer which is a superior plasticizer provides lamination films for vari- charts. Investors should take their own
54 percent owned by Arvind Poddar and family, is valued at over Rs 23,000 as compared with other plasticizers. ous applications, including agro decisions. We assume no responsibility for
crore, second only to market leader MRF Ltd. Sodium Benzoate and Benzoic Acid any transactions undertaken by them. The
films, cosmetics and toiletries,
Headquartered in Mumbai, India, Balkrishna Industries Limited (BKT) is a author won't be liable or responsible for
have huge demand in International food and beverages, pharmaceu-
leading manufacturer in the Off-Highway tire market. any legal or financial losses made by any-
Markets. It has an equity base of just ticals, medical/surgical products, body.
Since its founding in 1987, BKT has successfully focused on specialist
segments such as agricultural, construction and industrial vehicles as well as Rs.5.18crore that is supported by
earthmoving, port and mining, ATV, and gardening applications. As a result, reserve of Rs.121.49crore. The Pro-
PUSHKAR SINGH
BKT has developed into a global player in the Off-Highway tire industry with a
6% market share and a sales volume of 850 million US dollars corresponding
moters hold 43.21% while the in-
vesting public holds 56.79% stake
Technical Update 9905456388
to a 30% increase over the last five years. in the company. Promoters are con-
Presently, BKT have four subsidiaries in Europe and North America assist- stantly buying shares from open
PUSHKAR SINGH (Lucknow)
market which is positive sign. Dur- WORKING : AS A INDEPENDENT ANALYST EXP
ing our head office in sales and marketing activities: BKT Europe S.r.l. in
(8 YEARS )
Seregno, Italy, BKT Tires USA Inc. in Akron, Ohio, BKT Tires Canada Inc. in ing H1FY20, its net profit stood to
Qualification : NSE CERTIFIED TECHNICAL ANA-
Toronto, and BKT Tires, Inc. in Brentwood, Tennessee. We sell our products in Rs.15.35crore from Rs.16.78crore
LYST NISM RESEARCH ANALYST
130 countries worldwide through a network of national distributors. Our five in H1FY19 on 14.62% higher sales NISM INVESTMENT ADVISER
state-of-the-art production sites in Aurangabad, Bhiwadi, Chopanki, Dombivali of Rs.118.97crore fetching an EPS
and Bhuj employ more than 7,000 people. of Rs.2.96. Currently, the stock
BKT is the official and exclusive tire manufacturer of Monster Jam and its trades at a P/E of just 6.5x. Its re-
fleet of monster trucks. Monster Jam is a top sporting event in America with cent high rate was Rs.108.35 which
monster truck racing and freestyle competitions. The thrilling motoring shows
was formed in Oct 2017. Stock al-
are broadcast in TV.
most corrected 66% from recent
Monster trucks are large vehicles suitably modified and equipped with spe-
cial tires reaching a diameter of about 1.6 meters. Monster Jam produces more high. Everyone, whose financial ad-
than 350 shows with over 4 million spectators a year. visor is allowing to trade in this stock
BKT plays a central role at all Monster Jam events in over 100 cities in for medium to long term can watch
North America as well as on the international tours. BKT is the official tire with stop loss of 28.5.
supplier for all Monster Jam trucks taking part in the shows. BKT has designed INDIA GELATINE &
and developed the special BKT Monster Jam Tire, a purpose-built tire equip- CHEMICALS LTD (531253)
ping all monster trucks.
BKT’s success is the result of its commitment and continuous investment
(93) (Face Value Rs.10) :- In-
in research and development of high-quality Off-Highway tires that are suitable corporated in 1973, Mumbai based Marico trades with channel with lower support 328
for any kind of terrain and different operating conditions in specialist segments India Gelatine & Chemicals Limited
manufactures and sells chemical so once we accumulate the stock near 335 for target
such as agricultural, construction and industrial vehicles as well as earthmoving,
port and mining, ATV, and gardening applications. products in India and internationally. 350/365 in coming days with sl 325
SMART INVESTMENT
Christmas
Wel Come
2 02 0
3
Special Issue 29th December 2019 to 4th January 2020

CY 2020 Technical Trading Trends

Technical Name CMP Potential Upside Parag Salot M. : 91-9930011789 (SEBI Registered Research Analyst)
(Rs.) 1st 2nd
Picks Target Target
Wish You All Merry Christ-
mas & A Very
Trading Results
JSW Steel 269 17% 26% Scrip Name BSE Code Buy / Enter at Did High/ Remarks
by LUPIN 757 20% 30%
Happy New Year 2020
Nifty Overview: In Last Trad-
Sell Low
A U Small Finance 820 21% 34%
HDFC Sec. The Phoenix Mills 807 25% 39% ing Session, Nifty closed at 12326.
Canara Bank 532483
Cummins 500480
Buy
Buy
224
552
229 Did High
556 Target Achieved
Nifty is consistently making higher
highs and higher lows thus indicat- Trading Buy
Keep in mind "Its 20-20" ing positive view and chances to
go up further and make new highs.
Scrip Name BSE Last
Code Close
Enter at
Between
1st
Tgt.
2nd
Tgt.
Stop
Loss
The coming year is 2020 and just A.J. Divan :- Any correction or consolidation Bajaj Fin 500034 4281 4250/4260 4290 4330 4220
like cricket market may change ev- (divanaj@ rediffmail.com) may be buying opportunity until it Dish Tv 532839 13.5 12.5/13.5 15 17 11
ery day. We have cut in production in does not close below 12000 levels. Lupin 500257 773 757/763 770 780 752
He is associated
crude. The price is going up. This may Thereby Nifty support levels are PNB 532461 65 62/63 67 70 59
further spoil our economy. It is said with share mar-
12000/11900. RBL Bank 540065 336 330/333 340 350 327
that major disinvestment plan has kets since 1975.
Bank Nifty Overview : In
been delayed beyond 31/03/20. So He was mem-
Last Trading Session, Bank Nifty
Trading Sell
budget deficit may go up. GST rates bers of Pune Scrip Name BSE Last Enter at 1st 2nd Stop
to go up. So market may dance on
closed at 32620. Since last 2 Code Close Between Tgt. Tgt. Loss
stock exchange.
above tune. It is better to be careful. weeks, we have been maintaining No Sell Calls
Hindalco : This share is good buy He has acted as merchant
our positive view on both Nifty and Bank Nifty and we still have positive view on Bank Nifty. Best Buy
but around Rs 213 with s/l at Rs 210.the bankers also. He writes his col-
would be at dips around 32300 levels. Bank Nifty Support levels 32000/31700/31300.
potential to reach price of Rs 225. umns in daily news papers, at
ICICI Bank : We like to wait for present he is in Surat Gujarat.
price to come down to rs.430 level or so the upper side may be forecast for
Rs 465/70. The S/L is Rs 420. JSPL : This is good buy around Rs 155 with
SME Stocks Worth Keeping in Mind clude Maruti Suzuki, Bajaj Auto,
Innovators Facades (Rs.

E
s/l at Rs 150. Vedanta : Is good buy around Rs 147 with s/l at Rs 143.
33.80) (Code: 541353) (Mar- Mahindra & Mahindra, Fiat, Tata,
Reliance : In the beginning of 20 we feel that this share looks weak. We like

SM
Hyundai, and other OEMs. The
to buy around Rs 1500 with rs.10 as s/l. Primal Enterprise : - About years ket Lot: 1,600 shares) :-

Stocks
company had issued shares at Rs.
back this share was quote over Rs 2100 and now lost Rs 400/500 per share. Maharashtra-based Innovators Fa- 65 apiece, and they were listed on
The company has planned right issue around Rs 1330 plus. We feel that this cade Systems is engaged in design- Dilip K. Shah the exchange at Rs. 78 in February
share should settle around Rs 1450 in days to come. ITC : - May be very ing, engineering, fabrication and in- 2018. The shares touched a high of
good company but till share price settle above Rs 255 we will not buy. The stallation of façade systems. It has form. It has a modern plant, equip- Rs. 92, before falling. This column
share may come down to Rs 220 that level take risk of Rs 5 and buy. a manufacturing facility at Wada in ment, technology and manpower. Its had recommended the stock at Rs.
Maharashtra. It offers total solutions plants are GMP certified. It makes 58. The stock looks attractive even
for façade installation in complex sterile dry power vials for antibiot-
Investor’s Third Eye projects, and has completed resi- ics, anti ulcerant, gluco corticoid,
at the current levels.
Smt. Dr. Hemavathy Padmanaban Airo Lam (Rs. 30.50) (NSE
dential buildings, commercial com- and anti inflammatory, anti malarial,
Faculty of Commerce plexes, IT parks, airports, etc. The and anesthetic products. Its clients SME) (Lot Size: 3,000 shares)
IDE, University of Madras, company had raised Rs. 40.7 crores include Wockhardt, DHS :- Airolam is a manufacturer of high
Chepauk, CHENNAI by issuing shares at Rs. 72 apiece Maharashtra, Global Hospitals, etc. pressure decorative laminates. It has
E-mail : investorsthirdeye@gmail.com in May 2018. The shares got listed The stock can be accumulated in its plant at Himmatnagar in Gujarat.
at Rs. 75, but have been on a de- phases for a target of five times the It has stock points in Mumbai,
From 30th December 2019 to 4th January 2020 ) cline since. The shares touched a current price. Bengaluru and Hyderabad, and a
52-week high of Rs. 63 and low of Sintercom (Rs. 69.50) network of 70 distributors in 20
Astrological planetary predictions for Rs. 23. They can be seen crossing (NSE SME) (Lot Size: 2,000 states. Its products are also exported
the 52-week high price in the com- to UAE, Syria, Kuwait, Bangladesh,
GOLD price movements ing days.
shares) :- The company's prod- Dubai, Singapore, Iran, etc. Its prod-
ucts as well as fundamentals are ucts are sold under the Airo, I-lam,
30thand 31st December :- The conjunction of major planets namely ANG Lifesciences (Rs. solid. Established in 2007 in Pune, Clarico, and iLite brands. The shares
Sun, Saturn, Ketu, Mercury, Venus in the house of planet of wealth and 37.50) (Code: 540694) (Mar- Sintercom is a leading manufacturer were listed at Rs. 45 in October 2017
the Lord of Gold metal- Jupiter (Sagittarius) which makes the market
ket Lot: 1,600 shares) :- The of automotive sintered components. as against the issue price of Rs. 38.
volatile on this day.
company has superb fundamentals It also makes components for trans- The shares touched a high of Rs.
2nd and 3rd January 2020 :- As moon takes its postion in the house
and was established in 2006. ANG mission systems, body chassis, and 37.95 and low of Rs. 20.15.The com-
of Jupiter (lord of Gold) – Pisces favors the bullion market On these day
Lifesciences makes finished phar- exhaust applications. Its products pany has strong fundamentals, and
there will be a good rise in the movement of gold prices stimulating more
maceutical formulations and sterile are used in commercial as well as the stock is worth buying at every dip.
buyers to acquire gold
dry power injection vials in dosage passenger vehicles, and clients in-
Astrological planetary predictions for
STOCK MARKET investments OUTLOOK - WEEKLY : STRONG COMEBACK
In this week, the speculative planet Rahu remains in Gemini. Sun,
Jupiter, Saturn, Ketu, Venus and Mercury takes its position in Sagittarius. Market Scan : INDEX LEVELS :
Mars in its own house - Scorpio. Moon takes its position in Capricorn, Jatin Sanghavi S3 S2 S1 Close R1 R2 R3
Aquarius, Pisces houses. On the first day of the year 2020, Venus transit (Mumbai) Nifty 11923 12023 12132 12245 12359 12484 12585
happens to Capricorn. (M) 098205 26455 Sensex 40337 40736 41163 41575 41918 42486 42850
30th and 31st December : The conjunction of Saturn, Ketu, Jupiter,
E-mail :
Venus, Mercury, Sun in Sagittarius and the speculative planet Rahu taking " Oscillator analysis is sug- This Weeks Recommendations
jatinsanghavi100@yahoo.com Stocks CMP SL Tgt-1 Tgt-2
its seventh position in Gemini makes the market quite volatile. There gesting a Bullish Bias as ma-
may be slight decline in stock prices which favors the stock buyers to " After experiencing a minor dip, jority of Momentum Oscillators MRFBuy 65639 64630 67223 68899
reap good gains in future in agricultural seed firms, paper firms, sugar the Market was back on track as are favouring further upward Buy
PageInd 23534 23089 24213 24893
firms, Banking sector, Information Technology and Telecommunication the Bulls bought that decline and move. PVRBuy 1883 1847 1937 1993
sector. IRCTC, RITES, Dwarikesh Sugars, Dhampur sugar, Balrampur ended the week just short of its life- " Option Analysis (January Buy
JsWSteeL 268 263 276 285
Chini, Delta Corp, Jayshree Tea, INOX Leisure , Tata chemicals, Jamna high levels. 2020 monthly) suggests a wide Buy
IBVentures 194 187 205 217
Auto, Gujarat Alkalies, Liberty Shoes may outperform. " Since the Trend across time- trading range with Support coming timeframe Nifty is heading towards
01st January 2020 :- ON the first day of the year, Venus transit happens frames has been Bullish, one needs in at 12000 and Resistance falling targets of 12338 - 12751. Strong
from Sagittarius to Capricorn and Mars in its own house - Scorpio favors to Buy every decline as and when at 12500. Support exists in the form of Bull-
the market to certain extent. IRCTC, RITES Mahickra Chemicals, Vanta they occur. " In the short to intermediate ish Gap at 12023-12005.
Biosciences, Ushanti, Navin Fluorine, ,Hindalco, Power Grid, Sonata
Software, Capri Global, Adani Enterprises, JB Chemicals and Pharma,
Dixon Tech may show good movement in stock prices on this day.
2nd and 3rd January 2020: The investors in several sectors namely
agro based firms, telecommunication, FMCG, entertainment sector,
infrastructure based sector, cement, Iron and steel, entertainment sector,
banking sector coal and oil, , automobile sector, heavy engineering ,
pharmaceuticals may have to wait to reap good returns in future. Grasim
Industries, Dilip Buildcon, Rites, IRCTC, Fermenta Biotech, PVR, BGR
Energy, KRBL, Motherson Sumi, NIIT Techno may shine
Seth Klarman quotes that "The stock market is the story of cycles
and of the human behaviour that is responsible for overreactions in
both directions" so the investors should balance the returns and
liquidity based on their risk profile and time horizon.
4 Wel Come
2 02 0 Christmas
SMART INVESTMENT
th
29 December 2019 to 4 January 2020 th
Special Issue
Important Economic Factors : Agriculture, Monsoon &
Stock Buzz
Subramanian Mahadevan
International Crude Oil Prices
third largest importer of oil, behind
B.Tech (NIT - Bhopal)
e-mail: dolphincapital@gmail.com
Last week we understood the
effect of Balance of Payment, Forex Smart Education China and United States, roughly
importing 4.9 million barrels per
He is presently working in United States as a Project Manager for an
Reserves & Exchange Rate on the Ankit Gala (9819664831) day. Hence global oil prices have a
India head-quartered mid-tier IT Services and Consulting company. He has entire economy and specially the significant impact on the Indian
a great passiontowards equity &associated with equity market since 2005 stock market. This week we will see results in poor harvest or crop economy.
and strongly practices and preaches 'Value Investing'. He has identified other such important economic failures, thereby affecting the rural Higher crude oil prices not only
numerous multi-baggers and made un-biased 'Sell' ideas week after week factors like Agriculture & Monsoon household incomes, consumption result in widening on current
benefiting retail investors. He writes blog and contributes regularly to weekly and International Crude Oil Prices and economic growth. It also leads account deficit and fiscal deficit but
investment magazines - Smart Investment and Money Times. and how they affect stock market. to significant increase in food they have various other spillover
Agriculture & Monsoon :- inflation. economic effects. It causes rupee
Balkrishna Paper Mills (Rs 17.50) The Indian economy is heavily A poor monsoon not only leads depreciation, increase in inflation,
dependent on agriculture and the to weak demand for fast-moving
Undervalued Paper! livelihood of the Indian farmer consumer goods, two-wheelers,
hike in interest rates and all this
eventually results in lower
Balkrishna Paper Mills Limited (BPML) – formerly known as Nirvikara largely depends on the Monsoon tractors and rural housing sectors consumption and investment,
Paper Mills Limited is part of the highly reputed SIYARAM PODDAR rains. but also increases the imports of thereby slowing the nations GDP.
GROUP which is into the diversified businesses of manufacturing textiles, Roughly around 70% of India's essential food staples and forces The condition is even worse for
garments yarn, home furnishings and paper. BPML is a pioneer in the field population, directly or indirectly the government to take populist companies which use crude oil or
of Coated Duplex boards which are used for packaging by various industries depends on farming. Around 60% measures like farm loan waivers, derivatives of crude as raw
such as Pharmaceuticals, Toiletries, Cosmetics and Health Care Products, of the total employment in the thereby putting further pressure on materials like tyres, lubricants,
Readymade Garments, Instant Food Products, Match Boxes, Incense country is through agriculture and country's finances. paints, footwear, refining, airlines,
Sticks, besides many other packaging requirements. BPML was established most importantly the agricultural Further, as many as a dozen logistics, etc. Hence you might
in the year 1975, began its journey with humble roots in Maharashtra with sector contributes about 17% to the sectors depend on monsoon, either have notices, when global crude oil
an initial capacity of 15 MT per day of Duplex board. BPML came into total GDP of our country. directly or indirectly. These mainly prices start rising, Indian stock
existence after the scheme of arrangement was completed between A major portion of our country's include companies which either use markets, especially the companies
Balkrishna Paper Mills Ltd, Nirvikara Paper Mills Limited (NPML) and listed crop area is completely dependent depend on agriculture for their raw heavily dependent on crude start
global Off-Highway tire manufacturing giant Balkrishna Industries Ltd (BILT) on monsoon rains as it is not materials or they supply inputs of falling and vice versa. Only oil
wherein the paper division of BILT was demerged into a separate company equipped with methods of manual key resources to the agricultural exploration companies in the
and finally got amalgamated with the another listed company NPML. Once irrigation and hence monsoon is sector. country could benefit from a rise in
the new management took over the reins of the business, NPML has been important lifeblood for the economy For example - Sugar, Cotton, oil prices and vice versa.
rechristened as BPML. In June 2016, under the company’s expansion and of our country. Textile and Food Processing Now we have understood most
up-gradation programme, BPML has successfully installed modern A normal or good monsoon Industries, etc directly depend upon of the important economic factors
technology machine for manufacturing of duplex board with the annual results in a good harvest which in agriculture for raw materials which affect stock market now next
capacity of 63000 million tonne and its current capacity stands at 115,000 turn lifts rural incomes and boosts whereas Fertilizer, Pesticides, and week we shall move onto next step
MTPA. It is indeed an irony that paper sector which is at its best after spending on consumer goods and Agro Chemicals Industries, Farm of Fundamental Analysis i.e.,
struggling for more than a decade, erstwhile leader Ballarpur Industries rural housing sector. A good Equipment Manufacturers, Seed Industry Analysis.
Limited is already went bankrupt. The void left by erstwhile leader has harvest also keeps food inflation Companies, etc are supplying To learn Fundamental
given a tremendous opportunity for a business house like Poddar group, to under control and may help in inputs to agriculture. Analysis you can read the book
make a mark in this industry in terms of size and scale. Already promoters influences RBI's decision on International Crude Oil Prices Fundamental Analysis of Shares
have approved issuing preference shares to themselves for 25 crores interest rates. :- India produces only 15% of the by Ankit Gala & Khushboo Gala.
signalling in the hindsight their big plans in growing BPML into a giant in On other hand, a deficit oil it needs, so it has to import the Book is available in English.
the listed paper space. Its reserves on the balance sheet, topline versus monsoon or a drought-like situation rest 85%. Currently, India is the
market cap, top class management, installed capacity coupled with a
ballooning demand for duplex boards like never before by e-tailers gives
enough confidence in BPML indicating better times ahead. A multi-bagger
story is slowly un-folding and try to add on every declines for solid returns
L&T Infotech (Rs.
1760.00) (Code : 540005) :- Scrip Watch creasing automation, upgrading
consumer visible manufacturing
processes via robotic glazing ma-
LTI’s strategy of adding new busi-
over a period of 2 to 4 years.  ness clients is progressing well. New
Siddharth Shah chines which help in evenness of
B2B customers, said Emkay. The
Indsil Hydro Power (Rs.23) clients constitute 35% of the deal
pipeline, up from 19% last year. The successful execution of capacity ex-
glaze and also save glaze. Commis-
sioning of the Zamac plant, has sub-
Power Chrome! overall order pipeline is 42% higher pansion and new product launches
remain the key catalyst for stock re-
stituted imported zamac handles. As
than last year. Large deals pipeline government has now focused on
Indsil Hydro Power and Manganese Limited (Indsil) is a BSE only rating. Meanwhile, National Com-
is also notably higher than last year. real estate, the company will have
listed Coimbatore based manufacturer of alloys used in stainless steel pany Law Tribunal (NCLT), Mumbai
More than half of the deals were in more positives. Accumulate.
industry belonging to Indsil group of companies with wide variety of Bench, approved the merger of
products including ferro chrome, low carbon silico manganese, ultra-low
the “proposal-plus" stage, implying UltraTech Cement (Rs.
a potential closure within six Metahelix Life Sciences with Rallis 4056.00) (Code : 532538) :-
carbon silico manganese and ferro silicon. Indsil runs a 75,000 TPA ferro India. Metahelix Life Sciences, a
months. The strong pipeline makes UltraTech Cement has emerged as
chrome smelter in the Sultanate of Oman along with captive chrome mine wholly-owned subsidiary of Rallis
LTI more hopeful of returning to the the top contender to buy Emami Ce-
resources besides its capacity for low carbon silico manganese is 45,000 lndia, is an agricultural biotechnology
top quartile of the industry-level ment for Rs 6,500-7,000 crore in an
TPA located across 3 smelters within India. The group also runs 2 captive company focusing on developing
growth rates in FY21. The stock has all-cash deal. Ambuja Cements is the
power plants viz., a 21 MW hydro power plant in Rajakkad, Idukki Dist., traits and technologies for crop pro-
jumped from around Rs.1470 to Rs. only other contender in the race to
Kerala and a 12 MW Coal fired plant in Raipur, Chhattisgarh. The captive tection & improved productivity. It
1760 in last three months. Still, it is buy the cement business of Emami
power generation facilities at Kerala and Chhattisgarh make the respective also provides customized research
down from its 52-week high of Rs. Group. Emami Cement's sale will
smelters in these locations, globally one of the most cost competitive to select global Agri-biotech busi-
1,896.70. Citigroup has a buy rat- etch UltraTech's way in eastern In-
units. This in turn has helped the group position itself as a key low cost, ness. As the Budget day nears, agri
ing on L&T Infotech in the long term dia and further strengthen its lead-
high quality supplier in the global low carbon silico manganese industry. stocks are expected to rally. Buy.
with a target price of Rs 1855. Buy. ership in the Indian market. The
Recently Indsil merged its unlisted group company ‘Indsil Energy and
Electrochemicals Private Limited’ (which is 1.3 times bigger) with itself
Rallis India (Rs. 168.00) (Code Cera Sanitaryware (Rs. move is in line with UltraTech’s pur-
: 500355) :- Rallis India, a TATA 2610.00) (Code : 532443) :- suit of inorganic growth opportunities.
effective April 2017. We believe the rationale behind merger is to enable
enterprise, is a subsidiary of Tata Cera sanitaryware is India's fastest Over the past few years it has ac-
consolidation of business of both companies to create long term value to
Chemicals, with its business pres- growing premium home solutions quired Jaiprakash Associates’ ce-
shareholders by unlocking value, bringing in a thermal power base to
ence in the farm essentials vertical. provider. Its stock is trading at ment assets in Madhya Pradesh and
minimize the risk of dependence on monsoon for its hydro power plant,
It is one of India's leading crop care around Rs.2650 which looks attrac- Gujarat followed by Binani Cement’s
strengthening of financial position and increased leverage capacity of
companies.Emkay Global has main- tively valued. The company has not assets in Rajasthan. Consistent ap-
the merged entity. This merger was long overdue and investor community
tained a buy rating on Rallis India. In been deterred by the economic proach to trim cost along with focus
may not be aware of this development due to the low profile nature of the
its management meet, Rallis India slowdown and is looking to aggres- on improvement in return on capital
promoters and issues like highly in-debted domestic steel manufacturers,
highlighted margin recovery would sively pursue plans to expand mar- employed (RoCE) by balancesheet
subdued demand, steel dumping, lenders initiating bankruptcy
be gradual as it will pass on the ben- kets and launch new products. de-leveraging augurs well for
proceedings etc. Indsil fortunes always linked to the performance of the
efits of softening technical prices to CERA has recently opened a 15,000 UltraTech Cement. UltraTech Ce-
steel industry and have been posting average 160-215 crore of topline
sq ft style store in Morbi, Gujarat and ment Ltd is engaged in the business
with meagre profits in the last seven years yet consistent dividend paying FII ACTIVITY (Rs. Cr.) followed it up quickly with 2 stores of cement and cement-related prod-
company with one-time bonus shares too to its shareholders. Post this
Date Buy Value Sell Value Net Value measuring 8,000 sq ft each in ucts. The company manufactures a
merger, company closed FY18 (April 2017 – March 2018) with a topline 23-12-19 4673.51 3210.23 1463.28
of 746.44 crore with PAT in excess of 45 crore. Similarly for FY19, Indsil Bengaluru and Kochi. CERA's prod- range of products that cater to con-
24-12-19 1935.51 2049.89 -114.38
closed with a topline of 685.82 crore and a bottom line of 17.37 crore 25-12-19 HOLIDAY uct range includes sanitaryware, struction needs from foundation to
despite tough and challenging business sentiment. Soon Indsil may 26-12-19 1823.47 2327.3 -504.1 tiles, faucets, wellness, mirrors, finish. Build your portfolio with this
change its name to “Indsil Energy and Manganese Limited’ to reflect both 27-12-19 2762.85 2681.48 81.37 sinks and water heaters. Its pre- cement stock.
captive hydro and thermal power assets besides a possible listing on TOTAL 11195.34 10268.9 926.17 mium offering, Senator, has Disclosures : At the time of writing this article,
author, his clients & dependent family members may
NSE. Reliable management with proven track record of posting consistent DII ACTIVITY (Rs. Cr.) sanitaryware, faucets, wellness and
mirrors, while its luxury brand
have positions in the stocks mentioned above. The au-
thor, his firm, his clients or any of his dependent family
profits overcoming recession multiple times due to the nature of the Date Buy Value Sell Value Net Value
members may make purchases or sale of the securities
mentioned in website. Author may have positions in
business it operates in when its rivals like ‘Rohit Ferro Tech’ and ‘Ankit 23-12-19 2421.51 4368.87 -1947.36
ISVEA has sanitaryware and cabi- above stocks so have vested interest obviously in their
Metals and Power’ literally went belly up. Keep an eye on this counter 24-12-19 1920.41 2265.63 -345.22 nets. CERA now has 6 Style Stu- going up or down as the case may be.
Disclaimer : Investing in any equity is risky. Our
and buy on every declines for solid gains, although highly illiquid but has 25-12-19 HOLIDAY dios across Ahmedabad, Chennai, recommendations are based on reliable & authenti-
cated sources believed to be true & correct, and also
the potential to provide multi-bagger returns over a period of 2 to 4 years.  26-12-19 3442.9 3322.44 120.46 Chandigarh, Hyderabad, Kolkata is technical analysis based on & conceived from charts.
27-12-19 2587.53 2461.76 125.77 and Mumbai. Cera has been con- Investors should take their own decisions. We assume
- Subramanian Mahadevan no responsibility for any transactions undertaken by
TOTAL 10372.35 12418.7 -2046.35 stantly upgrading its technology, in- them. The author won't be liable or responsible for any
legal or financial losses made by anybody.
SMART INVESTMENT
Christmas
Wel Come
2 02 0
5
Special Issue 29th December 2019 to 4th January 2020

Profit and Loss Account of BSE SME IPOs TOP Gainers BSE SME
CY 2019 : TOP Gainers Main Line
IPOs IPOs
Co. Name BSE Code Listing
Date
Offer Listing
Price Price
CMP Ch. (%)
27-12 Against Off.
Co. Name Change (%) Profit Co. Name Change (%)
Jon Jua Overseas 250 % IRCTC 175.31%
Gian Life Care
Valencia Nutrition
22
46
-100
-100
Evans Electric 236 % and IndiaMART 112.23%
Artemis Electricals 140 % Affle (India) Limited 108.7%
Anuroop Packaging Ltd. 542865 21-11-19 13 13.25 12 -7.69
Tutorials Point Withdrawal 60 to 64 TOP Losers BSE SME Loss Polycab 79.55%
Gensol Engineering 542851 15-10-19 83 85.4 83 0.00 IPOs
Goblin India 542850 15-10-19 52 55 100 92.31 Co. Name Change (%) Account TOP Losers Main Line
IPOs
Galactico Corporate 542802 09-10-19 23 23.2 24 4.35 Suich Industries -78.67%
Misquita Engineering 542801 04-10-19 27 27.85 51 88.89 Cian Healthcare -73.77% of Co. Name
Sterling and Will
Change (%)
-61.79%
Novateor Resarch 542771 13-09-19 24 24 21 -12.50 Gleam Fabmat -70.00%
Transpact Enterprise 542765 05-09-19 130 132.5 132 1.54 Trade wit h Negat ive 16 SME & Xelpmoc Design -4.55%
Alphalogic Techsys 542770 05-09-19 84 83 84 0.00 Trade wit h Negat ive 2
Trade wit h Posit ive 16
SK International 542728 15-07-19 20 19.2 20 0.00
AT PAR 4
Main Trade wit h Posit ive 14
City Pulse Multiplex 542727 11-07-19 30 28.5 22 -26.67 List ing Await ing 1
Withdrawal 1
SBC Export
Earum Pharmaceuticals
542725
542724
04-07-19
04-07-19
22
36
22
36
21
44
-4.55
22.22 List ing Awiat ing 2
Line IPOs Withdrawal 1
Total Main Line IPO 18
Parshva Enterprise 542694 01-07-19 45 45.85 97 115.56 Total BSE SME IPO 39
Anand Rayons 542721 02-07-19 27 28.25 38 40.74
Meera Industries 540519 26-06-19 225 222.5 129 -42.67 I Profit and Loss Account of Main LIne IPOs
Suich Industries 542683 13-06-19 75 68.5 16 -78.67 Co. Name BSE Code Listing Date Offer Listing CMP Ch. (%)
Cian Healthcare 542678 23-05-19 61 62 16 -73.77 P Price Price 27-12 Against Off.
Evans Electric 542668 13-05-19 52 52.2 175 236.54 O Prince Pipes & Fittings 177 to 178
White Organics 542667 10-05-19 63 64.2 82 30.16 Ujjivan Small Finance Bank 542904 12-12-19 37 58 54 45.95
Artemis Electricals 542670 14-05-19 60 70 144 140.00 CSB Bank 542867 04-12-19 195 275 229 17.44
G.K.P. Printing & Packaging 542666 08-05-19 32 34.2 32 0.00 o Vishwaraj Sugar 542852 16-10-19 60 61.2 88 46.67
V R Films & Studio 542654 30-04-19 61 62 145 137.70 f IRCTC 542830 14-10-19 320 644 881 175.31
Jinaams Dress Ltd. 542653 25-04-19 59 59 21 -64.41 Sterling and Wilson Solar 542760 20-08-19 780 700 298 -61.79
Northern Spirits 542628 04-04-19 43 43.7 24 -44.19 Spandana Sphoorty 542759 19-08-19 856 824 1207 41.00
Roopshri Resorts 542599 01-04-19 20 20.25 22 10.00 Y Affle (India) Limited 542752 08-08-19 745 929.9 1555 108.72
Humming Bird Education 542592 28-03-19 132 132 134 1.52 K.P.R. Agrochem Withdrawal 59 to 61 -- -- --
E IndaMART InterMESH 542726 04-07-19 973 1180 2065 112.23
Ashapuri Gold & Ornaments 542579 27-03-19 51 50 34 -33.33
Aartech Solonics 542580 27-03-19 34 33.95 36 5.88 A Neogen Chemicals 542665 08-05-19 215 251 352 63.72
Polycab India 542652 16-04-19 538 633 966 79.55
Mahip Industries 542503 12-03-19 32 32 19 -40.63 R Metropolis Healthcare 542650 15-04-19 880 960 1412 60.45
Gleam Fabmat 542477 05-03-19 10 9 3 -70.00
Rail Vikas Nigam Ltd. 542649 11-04-19 19 19 22 15.79
Kranti Industries 542459 28-02-19 37 35.25 23 -37.84 Embassy Office Park 542602 01-04-19 300 300 424 41.33
Jon Jua Overseas 542446 25-02-19 10 12 35 250.00 2 MSTC 542597 29-03-19 120 111 145 20.83
Anmol India Limited 542437 21-02-19 33 33.6 31 -6.06 0 Chalet Hotels 542399 07-02-19 280 291 349 24.64
Ritco Logistics 542383 07-02-19 73 77.4 59 -19.18 Xelpmoc Design 542367 04-02-19 66 56 63 -4.55
KPI Global Infra 542323 22-01-19 80 80.8 39 -51.25 1
Discount offer to Retailers & Eligible Employess :- (1) IRCTC (Rs. 10 Discount) (2) Polycab India (Rs. Rs. 53
Axita Cotton Limited 542285 10-01-19 60 61 92 53.33 9 Discount to Employee), (3) Rail Vikas Nigam Ltd. (Rs. 0.50 Discount), (4) Xelpmoc Design (Rs. 3 Discount),

Market Tips Profit and Loss Account of NSE SME IPO TOP Gainers NSE SME
- Het Zaveri
Co. Name Listing Offer Listing CMP % Ch. IPOs
Kansai Nerolac (Rs. 515.00) in the long term with a target price Date Price Price Against Co. Name Change (%)
(Code : 500165) : Kansai of Rs 260. The management 27-12 Offer Salasar Exteriors 25%
Nerolac is one of the leading clearly stated its intention not to Vaxtex Cotfab 24 Shiv Aum Steels 2.27%
paint company which offers a infuse further capital in Idea, said DC Infotech & Comm. 27-12-19 45 45.5 45.2 0.44
range of products indcluding HSBC. The management be- Ascom Leasing 06-12-19 30 30.25 30 0.00
TOP Losers NSE SME
decorative, automotive coatings lieves the issues marring the Mangalm Global Enterprise 28-11-19 51 51.5 52 1.96 IPOs
and performance coatings. Co. Name Change (%)
telecom sector are too big to be Sona Hi Sona 15-10-19 10 11.15 10 0.00
Analysis of historical multiples of solved by further capital infusion, A B Infrabuild -58.62%
Shiv Aum Steels 01-10-19 44 44.25 45 2.27 Mindpool Techno -50.00%
Kansai Nerolac Paints (KNPL) it said. Rising contribution from Salasar Exteriors 12-09-19 36 36 45 25.00 Artedz Fabs. -44.44%
indicates that recovery in pas- Novelis and potential merger with Wonder Fibromats Ltd. 06-08-19 89 93 89 0.00 Surani Steel Tubes -42.31%
senger volumes may result in Aleris, which is not in the base
higher earnings growth, but has
A B Infrabuild 12-07-19 29 29 12 -58.62 Par Drugs & Chem. -21.57%
case, make Hindalco a compel-
no bearings on its PE multiples. Alumilite Architecturals Withdrawal -- -- -- --
ling investment case. Meanwhile,
Sudarshan Pharma Withdrawal - -- - - Trade wit h Negat ive 7
Kansai trading near its mean Hindalco has re-started produc-
PE+ 1SD. Its net profit is ex- Par Drugs & Chemicals 16-05-19 51 52.9 40 -21.57 Trade wit h Posit ive 4
tion of Alumina at Muri refinery
pected to grow at CAGR of 21.5 Osia Hyper Retail 05-04-19 252 255 246 -2.38 AT PAR 3
in Jharkhand. The company on
per cent over FY19-FY22E and 10 April 2019 informed that op- KHFM Hospitality & Facility 12-04-19 36 36.5 32 -11.11 Withdrawal 2
improve its return ratios across erations of Muri refinery were Artedz Fabs. 29-03-19 36 40 20 -44.44 List ing Await ing 1
the same timeframe. Kansai suspended due to spillage in the Mindpool Technologies 28-02-19 30 30 15 -50.00 Total NSE SME IPO 17
Nerolac is expected to deliver red mud cake storage area. Surani Steel Tubes 06-02-19 52 53.1 30 -42.31
better sales growth during sec- Hindalco Industries is engaged in
ond half of FY20 as compared to the production of aluminium and ber 17, Citi had upgraded Tata on Eicher Motors. After whole- ment including the July-Septem-
first half of FY20 led by recovery aluminium products, and copper Steel to 'buy' from 'sell', as the sales declined around 22 per ber period where the company
in decorative paint sales and and copper products. The stock global financial firm expects glo- cent over February-September sold 21 per cent fewer motor-
lower drop in industrial paint is worth accumulation. bal steel prices to rise. Citi says 2019, Royal Enfield has around cycles as compared to year ago.
sales, said Antique. Recovery in Tata Steel (Rs. 469.00) volatility in margins should ease 17 days inventory and clocking Accumulate in phased manner.
East India from floods and lower (Code : 500470) :- Tata Steel as China's supply additions flat to mid-single digit yearon- Disclosures : At the time of writ-
ing this article, author, his clients & de-
drop in automotive volumes will stock has been on a gaining would end in 2020, and we don't year decline in retails. Interaction pendent family members may have po-
be key catalysts. Buy. spree after reports emerged that expect a sharp deceleration in with dealers suggests around 20 sitions in the stocks mentioned above.
Hindalco (Rs. 215.00) (Code the company may announce re- China demand at least until the per cent rise in monthly retails vs The author, his firm, his clients or any
: 500440) :- HSBC has retained of his dependent family members may
structuring of the domestic busi- mid-decade. It will benefit Tisco. pre-festive demand, even without make purchases or sale of the securi-
buy rating on Hindalco Industries ness to unlock value. Tata Steel Buy. help of lower priced Bullet-X/ ties mentioned in website. Author may
may form 4 verticals which are Eicher Motors (Rs. 22238) Classic-S. Royal Enfield would have positions in above stocks so have

SMART long products, mining, Tata Steel vested interest obviously in their go-
(Code : 505200) :- The Eicher deliver around 12 per cent vol-
ing up or down as the case may be.
and Tata Steel Utilities & Motors stock is up 39 per cent ume CAGR in FY20-22, post Disclaimer : Investing in any equity
INVESTMENT Services.The Tata Group com- since its September lows on a around 11 per cent decline in is risky. Our recommendations are
pany may look at restructuring better than expected festival sea- FY20, said Ambit. Strategic ini- based on reliable & authenticated
English & Gujarati sources believed to be true & correct,
listed companies Tata Metaliks son, smoother transition to BSVI tiatives undertaken by the com- and also is technical analysis based on
Soft Copy on and Tata Sponge which both may and market share gains for its pany to tap under penetrated & conceived from charts. Investors
Every Saturday be named Tata Steel Long Prod- commercial vehicle joint venture, markets, and improve distribution should take their own decisions. We
ucts, sources said, adding the assume no responsibility for any trans-
Evening Volvo Eicher Commercial Ve- and product quality will also help
actions undertaken by them. The au-
company may look at restructur- hicles (VECV). Ambit Capital enhance volumes. After multiple thor won't be liable or responsible for
in your Mailbox ing Tinplate in future. On Decem- has, recently, retained buy rating quarters of volume disappoint- any legal or financial losses made by
anybody.
 Financial Weekly
Wel Come
6 th
29 December 2019 to 4 January 2020 th
SMART
INVESTMENT 2 02 0
As Calendar year 2019 comes to end, amid economic slump the Indian Share Markets are touching new peaks on December 27 and will close on
January 3. It is offering shares worth
2019 remained poor in terms of number of IPOs and also at four year low in terms of fund raised Rs0.09 at price of Rs24. The pro-
moters are in legal tangle and
It remained auspicious as investors got higher returns in majority IPOs: Expectations high for 2020 cheques have got bounced. The last
one year's results are suspicious. IT
In 2019 IPO fund raising went down by 60% : Rs 12362 crore raised is better to keep distance from the
issue.
SEBI approval to 47 companies for raising 51000 crore got lapsed Gian Life Care :-Kanpur-based
company's Rs3.12 crore IPO with
First negative growth year for SME platform since inception: number of issues and fund raised went down by three fixed price of Rs22 will open on De-
t i m e s cember 31 . The partnership's his-
tory is limited. Loan repayment has
PSU Disinvestment target may fall short by Rs50,000 crore in FY2019-2020 got defaulted. ROC has reprimanded
the promoters for that. Though valu-
All eyes in market on listing of Prince Pipes: Listing may be on discounted rates ation is reasonable, it is better to wait
VaxtexCotfab NSE SME IPO got 0.15 times subscription on the first day: Stay away from it till listing.
* Upcomign mainboard issues
Gian Life Care will open on December 31: Wait for listing :- SBI Cards and UTI AMC IPOs may
come before the budget. UTI AMC
Grey market witnessed cold wave: SBI Cards
In premiums stable, Prince
2019, Sterling WilsonPipes
wasin discount and no IPO
the biggest deals in UTI AMC
Primary Market IRCTC got highest 107 times subscription and have highest returns of 128% on listing Vaxtex Cotfab
Two SME IPOs are in market this year: Valencia got 1.56 times subscription Issue Opens on 27th De
Dilip K. Shah Offer Price Rs. 24; Listing
Only a few days are left before SBI Cards may enter the market in third or fourth week of January
calendar year 2019 takes leave and UTI AMC IPO may get delayed as it is under scrutiny for violation of norms Average cost of Share by promoter is on
2020 arrives. Though the Indian Rs.
Share market is witnessing slow- abandoned the plans due to poor Polycab gave 22% and Affle India Group co. is under insolvency, Bankru
down, the share markets are touch- market conditions. However, the gave 17% returns. Listing Information of
money raised through OFS and QIP * SME IPOs :- This was the first cheq
ing new heights everyday. Though
increased by 28% to Rs81174 crore. year of negative growth for SME seg-
DC Infotech & Comm. JumpIncorporated
in Bottom linesin FY-19
2005,&Ahmedaba
Q1 FY20 is
2019 was poor in terms of number
of IPOs, it was better in terms of valu- The biggest IPO was Sterling & ment since its inception. In 2019, NSE SME IPO engaged in the business of Textile p
sCompany doese Processing (dyeing c a
Wilson Solar which could raise total 1298.2 crore were raised from Listing Date 27-12-2019 Investors may
othergive it a skIt
ation. Out of 15 IPOs, 14 IPOs have
Rs2850 crore against target of Rs773 this platform which shows decrease ing, suiting, and accessories.
given on an average 50 to 60% re- Offer Price Rs. 45.00 for other fabric/garment companies.
turns. The investors are happy due crore. Seven IPOs got more than 10 of 60.95% compared to Rs3324.6
to good returns as government has times subscription. IRCTC got 109 crore raised in the last year. Listing Price Rs. 45.50 Packing and Storage unit located at
times and Ujjivan Small Fin Bank got The anchor investors invested in Listing Day High Rs. 45.50 installed capacity of the processing
taken good initiatives for reforms.
100 times subscription. CSB Bank's 12 IPOs and their stake in the issues processing of various fabrics from na
Investors are looking up at year 2020 Listing Day Low Rs. 45.00 izing in 100% cotton, Giza & Supim
for good returns. IPO got 48 times, Affle also got 48 was 35%, while institutional
times and Polycab got 36 times sub- investor's stake was 13% and FPIs Listing Day Close Rs. 45.20 viscose and polyester cotton. The co
* Mainboard IPOs in 2019 :-
scription. stake was 22%. Out of 16 only three The government plans disinvest- for Finished Fabrics from brands.
The amount of fund raised from IPO Issue Details
market in 2019 has come down by IRCTC is leading in terms of Re- IPOs had PE or venture capital in- ment of around 100% in Air India. It
vestment. • Issue Opens on 27th December &
60% at Rs12362 crore. Moreover, turns:- Out of 15 companies 10 gave also plans to sell 53.20% in BPCL
Activities go down on SME • Object of the issue : To acquire th
the number of IPOs also came down good returns on listing, in which and 54.80% in Concor. The prospec-
platform :- Compared to 2018, the Working capital requirment - 250
from 24 to 16. Around 47 companies IRCTC gave 128 times, CSB gave tus buyers may ask for more time
number of IPOs and fund raised • Issue Size : 15,96,000 Eq. Share
obtained SEBI approval for raising 54%, Ujjivan gave 51%, IndiaMart for due diligence before buying
went down by more than 3 times. • Face Value : Rs. 10, Total Rs. 3.8
Rs51000 crore but majority of them gave 34%, Neogen gave 23%, stake.
• Offer price : Rs. 24 Per Share
* Last week's IPOs:-
• Minimum Lot : 6000 Shares Share
NSE SME IPO Price Pipes and Fittings :- The
last mainboard issue of 2019, got
• BRLM’s : Capital Square Adviso
Sr Company Open Dt. Issue size Offer price Minimum Lead Rating Remark • Market Maker :
2.21 times subscription. It got 3.54
• Registrar : Bighsare Ser. Pvt. Ltd
Close Dt. (Rs. Cr.) (Rs.) Applications Size Manager (Out of 50%) % times subscription in QIB, 1.21 times
• Management : Khushant Gupta, M
1. Vaxtex 27-12-2019 15,96,000 Eq. 24 6000 Eq. Shares CapitalSquare 27% in NII and 1.89 times in retail. Out of
AVOID (RISKY) 5 retail investors 4 may get 84 Financial Particulars (Rs. Cr.)
Cotfab 3-1-2020 (Rs. 3.83 Cr.) (Rs. 1,44,000) Advisors shares. Shares may get deposited Performance Total Revenue
on December 30. It may get listed Consolidated
BSE SME IPO on December 31 at discounted price
of Rs165 to 170 as against offer price
Basis Profit After Tax
EPS
Sr Company Open Dt. Issue size Offer price Minimum Lead Rating Remark
of Rs177-178. If market gives sup- RONW (%)
Close Dt. (Rs. Cr.) (Rs.) Applications Size Manager (Out of 50%) %
port than it may get listed around • Pre Issue Promoter Holding : 100
1. Gian 31-12-2019 14,16,000 Eq. 22 6000 Eq. Shares Hem Sec. 32% : Average Rs180, which is not very likely. • Post Issue Promoter Holding : 73
LIfe Care 3-1-2020 (Rs. 3.12 Cr.) (Rs. 1,32,000) (Wait for LIsting) Valencia Nutrition :- Rs7.23 • Issue Constitutes 26.5% of the po
crore issue with fixed price of Rs43 • Average 3 Years EPS Rs. 0.78 &
* PSU Disinvestment :- The
Grey Markets Premium government has planned to raise
closed on December 27 with 1.56
times subscription.
•
•
Pre IPO Equity capital Rs. 4.43 C
Post IPO Equity Capital Rs. 6.02
Rs1.05 lakh crore through disinvest-
IPOs Offer Price Premium Kostak Price Subject to * This week's issues :- There • Pre IPO : P/BV Ratio 2.10 (NAV :
ment. However, it could be able to
is no mainboard issue in the mar- • Post Issue : P/BV Ratio : 1.63 (N
Name (Rs.) (Rs.) *Min. Appl. Sauda raise only Rs17364 crore till now. It
ket. In SME segment, VaxtexCotfab • Pre IPO P/E Ratio : 17.65
Prince Pipe 177 to 178 -6 to - 8 is believed that it may be short of
opened on December 27 and Gian • Post IPO asking P/E on Fully dilu
Rs45000 to Rs50000 crore from
SBI Cards -- 228 to 230 2600-2800 Life Care will open on December 31. • Insutry Peer Group PE Ratio : --
achieving the target. As a result, it
(H : 275) (H : 3500) More details are given in table. • BRLM’s performance : This is 2nd iss
will be difficult for the government to
(L : 198) (L : 1200) VaxtexCotfab :- Ahmedabad- with Discount.
maintain fiscal deficit to 3.30% of the
UTI AMC -- 115-120 600 GDP.
based company's Rs3.83 crore is-
sue with fixed price of Rs24 opened
Other side
(H : 150) (H : 750) • The average cost of acquisition o
(L : 40) (L : 350)
Don't subscribe IPO only on the basis of Grey premium.
SME IPOs Main LIne IPOs only Rs. 0.09 to 0.91 (i.e. less than
• Company had issued bonus share
Before Investing check the fundamentals of IPO Year No. of Issue Size Year No. of Issue Size • There are number of outstanding

No. Parent Co. Upcoming IPO Company

Issues (Rs. Cr.) Issues (Rs. Cr.) versely affect companys business

Upcoming 1. SBI SBI Card & UTI AMC 2014 40 267 2014 5 1201
• Two criminal cases filed against co
there cheqes for the total amount
2 HDFC Bank HDB Financial 2015 43 260 2015 15 13614 • Group company "Hillary Fashion C
IPO 3 HDFC Ltd. HDFC Erog & HDFC Credila 2016 67 537 2016 26 26494 ruptcy code 2016
• Its proceeds involve the use of Ha
4 Equitas Equitas Small Bank 2017 133 1679 2017 36 67147 • The factory / registered office is no
Candidate 5
6
Kotak Bank
PNB
Kotak AMC
PNB MetLife 2018 141 228 2018 24 30959 term rent.
• Top-10 suppliers contributes 76%
7 Reliance Reliance JIO & Rel. Retail 2019 50 621 2019 16 12362
and 8 Reliance Reliance JIO
• The capacity of manufacturing unit
• It has reported negative cash flows
9 ICICI Bank ICICI AMC Allotment & Listing Process • It do not have own trade mark.
their 10 Axis Bank Axis AMC Prince Pipes Vaxtex Gian Lifecare • It's a working capital & labour inte
11 L&T L&T AMC & fittings Cotfab Recommendation :- Looking to
Issue Closes 20-12-19 3-1-2020 3-1-2020
Parent 12 AB Capital AB AMC
Finalization of Basis of Allot. 26-12-19 8-1-2020 8-1-2020
promoter, they are offering “Khali - K
Company is under insolvency Bank
13 Exide Ltd. Life Insurance Co. Initiation of Refunds 27-12-19 9-1-2020 9-1-2020 bouncing of cheques. Sudden jump in
Companies 14 Info Edge Jeevansathi.Com Credit of Equity Shares 30-12-19 10-1-2020 10-1-2020 is surprising & doubtful. Considering
15 Tata Motors Tata Technology Ltd. Listing 31-12-19 13-1-2020 13-1-2020 of fancy in textiles sector, investor
issue.
 Financial Weekly
Christmas
Special Issue
SMART 29th December 2019 to 4th January 2020
7
INVESTMENT
Main - line IPOs of Next Month (Non SME) SKF : Leading player in Bearing market
Sr Company Issue Open Dt. Issue size Offer price Listing Lead Manager Embassy Office: After REIT's success, next is Warehousing
Issue Close Dt. (Rs. Cr.) (Rs.) D-Mart : Discount is the key for this premium stock
1 SBI Cards &
Payment Ser.
20-1-2020
22-1-2020
Fresh Issue :
Rs. 500 Cr.
615 to 618
(Likely)
BSE
NSE
Axis Capital, BoA Merrill Lynch,
HSBC Securities, Kotak Mahindra
Marico : Ready for another acquisition
(Book Building) (Likely) OFS : 13,05,26,798 (F.V. Rs. 10) Registrar : Concor : Waiting for more announcement on Disinvestment

2 UTI AMC --
Eq. Shares
3,89,87,081 835 to 850 BSE
Link Intime India Pvt. Ltd.
ICICI Securities and
SKF (Rs. 2131.00) (code :
500472) :- SKF India is one of Smart Best
(Book Building) -- Eq. Shares (Likely)
(Disc. Rs. 10
NSE Axis Capital
Registrar :
the leading players in the
Indianbearing market with its mar- Buy S. N. Zaveri
for Empl.) ket share around 30%. The com-
growth in FY20. Owner of the Dmart
pany has an extensiveclient base
is under SEBI scrutiny because of brand, Mr. Radhakrishan Damani
violation of norms. It has filed wrong Subscription Figures of SME IPO (Dt. 27-12-19) serving more than 44 segments
will have to sell 5.2 per cent stake
affidavit for getting FPI license. So both in automotive and non
IPO Listing Day Subscribed in the company to stick to the RBI
IPO may get delayed. automotive(industrial) such as
Valencia Nutrition BSE SME Issue Closed on 27-12-19 1.56x rule as the present public
* Grey Market Movement :- heavy industry, energy, industrial
shareholding is below the minimum
Prince Pipes issue premiums were Vaxtex Cotfab NSE SME 1st Day Subscribed 0.15x machinery, railways,oil & gas, food
25% threshold. 5.2% stake in Av-
Rs7 to 10. In SBI Cards, the pre- and beverages etc. By segment,
b NSE SME IPO
mium are 225 to 230 but deals are typically automotiveaccounts for
enue Supermarts would be valued
at around 58.7 billion rupees ($823
ec. & Closes
slow. Application 3rd are
onrates Jan.
2800. There are no deals in UTI
2600 to
Gian Life Care BSE SME IPO about 45% of sales and industrial
bearings about 50% with
million). Invest.
g AMC.
on NSE - SME Platform Issue Opens on 30th Dec. & Closes on 3rd Jan. Marico (Rs. 340.00) (Code
balancecoming from exports,
nly 9 Paisa and Selling “Khali Khokha” at*** Offer Price Rs. 22; Listing on BSE - SME Platform which is mainly for automotive seg- : 531642) : Home-grown FMCG
24 It has limited operational history & business operation area ment. In Q2FY20 the sales mix has major Marico is open to inorganic
uptcy: Criminal cases for bouncing of changed in favour ofIndustrial and growth in the international markets
Super earnings in Q1 FY20 unlikely to sustain going forward provided it comes at the right price,
ques Investor may wait for listing as it is a average IPO
Exports with continued weakness
said Vivek Karve, Chief Financial
in domestic automotive
s surprising
bad based :Vaxtex
AbsenceCotfab
of fancyLimited
in textiles
is
Incorporated in 2018, Kanpur (UP) based Gian Life Care Limited is demand.The revenue mix for the Officer. He said that Acquisitions are
processing of fabric and trading. The
t o
and finishing) of grey fabrics for shirt-
r engaged in the business of providing diagnostic and related healthcare Q2FY20 stood as follows: Auto always welcome, but they need to
kip toworks
t also thisonfully priced IPO
an outsourcing basis services. The company provides a wide range of diagnostic tests and 35%; Industrial 51%; and balance come at the right price because we
Vartex has a processing unit and a services like patient diagnosis services, prevention, and wellness diag- 14% are exports. Of the Auto share don't want to spend a fortune.
t Narol, Ahmedabad in Gujarat. The nosis services to patients and healthcare providers. The company caters of 35% about 24% is from supply Rather than compete in shampoos
unit is 12,00,000 meters/month for to individual patients, hospitals, corporates and other healthcare provid- to auto OEMs. “The company’s and soaps, Marico has expanded
atural and man-made fibres special- ers. The company offers over 1,344 tests including biochemistry, clinical market share in rail freightsegment to lines of soups, teas, flavoured
ma cotton blended fabrics, polyester pathology, coagulation, cytogenetics, cytology, hematology, histopathol- oatmeal, grooming products. Slow-
is in single digit and that it wants to
ompany undertakes corporate orders ogy, immunoassay, microbiology, molecular biology, and radiology ser- down in the domestic demand for
increase it on par to other
vices. consumer products and stiff com-
Issue Details twosegments. Towards this the
• Issue Opens on 31st December & Closes on 3rd January, 2020 company is getting its products petition from low-priced brands af-
& Closes on 3rd January, 2020 • Object of the issue : To open processing center, To purchase machin- fected sales volumes of Parachute
approved byRailways. Once ap-
he machinery - 59.40 Laks ery, Replecment / Pre-Payment of loan & working capital rigid packs and value-added hair
Lakhs
provals trickle in and that intent be-
• Issue Size : 14,16,000 Eq. Shares come reality the companyis well oils in Q2FY2020. The company
es • Face Value : Rs. 10, Total Rs. 3.12 Cr. has undertaken required pricing
83 Cr. positioned to gain share in freight
• Offer price : Rs. 22 Per Share segment as well SKF is expected actions by giving price-offs of Rs. 5
• Minimum Lot : 6000 Shares Shares • Listing : BSE SME Platform on the 100 ml and 250 ml packs,
es • Listing : NSE SME Platform to register a standalone EPS of Rs
• BRLM’s : Hem Securities while Rs. 20 was slashed for Saffola
ors Pvt. Ltd. 68.4 for FY2020 and Rs 77for
• Market Maker : Shreni Shares Pvt. Ltd. Gold in December 2019. Price-offs
• Registrar : Cameo Corporate Services
FY21. The scrip was trading
d. around Rs 2132 on 23 December in Parachute might revive sales vol-
• Management : Mr. Arun Kumar Gupta ume of rigid packs, but recovery in
Mr. Mithlesh Kumar Agarwal. 2019.
Financial Performance Consolidated Basis Embassy Office (Rs. value-added hair oils and Saffola
FY 17 FY 18 FY-19 FY20 Q1 edible oil will take time; we reduce
Particulars (Rs. Cr.) FY16 FY 17 FY 18 11 Month 1 Month Q1 424.00) (Code : 542602) : Em-
4.46 18.47 22.02 4.54 earnings estimates by 4% and 9%
28-2-19 March-19 FY20 bassy Group plans to add more
0.02 0.17 0.60 0.34 for FY2020 and FY2021 to factor in
Total Revenue 8.54 8.15 8.15 7.42 0.56 1.82 assets to its office park real estate
0.04 0.29 1.36 0.72 slower revenue growth and lower-
Profit After Tax 0.53 1.12 0.99 0.89 0.07 0.34 investment trust (REIT) in the com-
0.47 4.14 12.73 6.63 than-earlier expected OPM. The
EPS -- -- -- 0.21 0.28 1.03 ing quarters. The Bengaluru-head-
0%
stock has corrected little bit. Buy.
RONW (%) -- -- -- 1724 2.60 9.31 quartered real estate entity was
3.50% Concor (Rs. 572.00) (Code
the first company to list its REIT
ost issue paid up capital • Pre Issue Promoter Holding : 95.74% on Indian stock exchanges, after : 531344) :- Concor stock has
& RONW : 7.82% • Post Issue Promoter Holding : 65.62% raising Rs 3,000 crore earlier this been waiting for some more con-
Cr. • Issue Constitutes 30.12% of the post issue paid up capital crete announcement fromt the
year through issue of non-convert-
Cr. • Average 3 Years EPS Rs. 0.29 & RONW : 32.05% government on disinvestment.
ible debentures maturing June
: 11.44) (30-6-2019) • Pre IPO Equity capital Rs. 3.28 Cr. The stock is trading at around
• Post IPO Equity Capital Rs. 4.70 Cr.
2022 with annual yield of 9.4 per
NAV : 14.76) Rs.575. The government has ap-
• Pre IPO : P/BV Ratio 1.99 (NAV : 11.07) (30-6-2019) cent. Blackstone Group is the
other sponsor of this REIT. Cur- proved strategic disinvestment of
uted equity : 11.20 • Post Issue : P/BV Ratio : 1.65 (NAV : 13.37)
rently, the Embassy Office Parks 30.8 per cent shareholding of the
• Pre IPO P/E Ratio : 21.36
REIT has 25 million sq ft of com- Government of India (out of 54.8
ssue from BRLM : Last 1 Issue listing • Post IPO asking P/E on Fully diluted equity : 7.70
pleted assets, with a pipeline of per cent equity presently held by
• BRLM’s performance : This is 25nd issue from BRLM Last 3 Years. In
the Government of India) along
e of Coins Last 10 listing : 6 Issues opened with premium & 2 Issue with Dis-
count and 2 Issues with At Par.
another eight mn sq ft in major cit-
ies, including Bengaluru and with transfer of management con-
of equity shares of the promoters is Mumbai. After launching this trol to a strategic buyer. Probables
n one rupee) and offer price is Rs. 24 Other side of Coins REIT, Embassy says it sees such expected to eye the Navratna in-
es in the ratio of 10:1 in April 2019 clude local and global majors with
• The average cost of acquisition of equity shares by the promoters is an opportunity in the warehousing
legal proceedings, Which may ad- Rs. 10.48 per share & offer price is Rs. 24 exposure in ports as well as con-
space, too. So, there is huge op-
s. • Company has issued bonus shares in april 2019, in the ratio of 198:1 tainer train operating licenses like
portunity in this stock also. Buy.
ompany & ex-director for bouncing of • It has been converted in public limited company from 1st March 2019. Adani Group and DP
of Rs. 1107842
D-Mart (Rs. 1924.00) (Code
Before that it was partnership firm World.Concor has a 72 per cent
Cotfab Ltd." Is under insolvency bank- : 540376) :- D-mart stock has
• Diagnostic / Healthcare service sector has high competition. share in the container train mar-
again started strong upmove after
• Its operations are concentrated mainly in Kanpur and nearby areas ket with a large network of con-
azardous industries chemicals. only. some correction. Antique Stock
tainer terminals spread across the
ot owned by copampny. It is on short • The company has overdue in repayment of principle amount of loan. Broking has maintained hold rating
country and a fleet of some hun-
• It has limited operational history. on Avenue Supermarts with a tar-
dreds of container trains. Concor
of total raw materials. • Company do not own registered office & Lab. get price of Rs 2,012. The broker-
owns a 15 per cent stake in India
it is not fully utilized. • It has not applied for the registration of Logo “GIAN” age said its online retail pricing
Gateway Terminal Pvt Ltd
s in operating and investing activities • Promoter is involved in 1 criminal & 3 direct tax matters in legal pro- analysis indicates that DMart has
(IGTPL). Concor’s foray into
ceedings. maintained its level of price dis-
coastal shipping is progressing
ensive company. • Company defaulted in the past in repayment of institutions loan. counting during April-November
well. Further, the company plans
o the average cost of 9 Paisa to the • Promoter Arun Kumar Gupta has been “struck off” by ROC, Kanpur 2019, providing comfort on its gross
• It has experienced negative cash flow recently.
to expand operations to the east
Khokha” at Rs. 24 per share. Group margin. The trajectory of gross mar-
Recommendation : It has limited operational history & diagnostic coast and anticipates an annual
kruptcy code. 2 Criminal cases for gin expansion will continue during
market is very competitive. Operations are concentrated in Kanpur only. revenue contribution of Rs 150-
n bottom lines of FY19 & Q1 of FY20 the third quarter of FY20, said An-
Considering P/BV of 1.65 & P/E of 7.70 offer price is reasonable. It has 160 crore in the current fiscal year.
g average performance & in absence tique. The brokerage estimates 23
may give a skip to this fully priced super earnings in Q1 FY20 but such high performance is unlikely to con- Invest.
per cent year on year revenue
tinue going forward. Overall it's a average issue. Investor may wait for
Listing.
8 Wel Come
2 02 0 Christmas
SMART INVESTMENT
th
29 December 2019 to 4 January 2020 th
Special Issue

Techno Funda sound stocks RITES (Rs.285.00) Smart Super Duper seen providing stability to earnings
(Code:541556) :- The company - Het Zaveri and asset quality, as it reduces the
set up in 1984 came up with IPO re- risk of chunky slippages seen earlier.
Sachin Shah cross Rs175 level.
90% of disbursements in Apr-Sep
cently and it witnessed bullish trend ICICI Bank (Rs. 549.00)
M. : 9372144204 after listing. It has its presence in were to companies rated A- and
(Code : 532174) :- ICICI Bank is above, considered less risky, while the
growyourwealthwithsachin@gmail.com transport and infrastructure seg-
once again a strong "buy" for institu-
ments. It undertakes works like share of retail loans in the domestic
tional investors after having demon- book has risen to over 62% from 57%
BAJAJ HOLDINGS & INVESTMENT LTD consultancy services, turnkey con-
strated substantial improvement in fi- before Bakshi took charge. The bank
struction projects, rolling stock,
(500490 & NSE) (3435) (FV 10) equipment and spares export and
nancial metrics, with Chief Executive has seen a 20% increase in core op-
On 25th February 2019, Officer Sandeep Bakhshi driving the erating profit on average over the past
railway rolling stock and equipment
we had recommended this lender's focus back to profitability and four quarters as well as a double-digit
leasing. As against equity of Rs200
stock at Rs.3125, after our risk management.A sharp decline in decline in gross non-performing
crore, the company has reserves of
recommendation it zoomed fresh slippages over the past year, loans. Index aggregator MSCI report-
Rs2222.10 crore. In FY 2019, the
to Rs .3903 level and re- consistent industry-leading deposit edly increased the weight of ICICI
company's sales increased from
corded almost 25% appre- growth, and an increase in share of Bank in its global indices to 6% from
Rs1502.84 crore to Rs2047.45 crore,
ciation. Stock is technically retail loans have paved the way for 3.14%, effective November-end. This
while profit increased from Rs363.18
looking sound so we again sustainable growth in the lender's has reportedly led to foreign inflows
recommend this stock.
crore to Rs498.77 crore. In the first
earnings. ICICI Bank's recent decision worth up to $1 bln in the shares of
Bajaj Holdings & Invest- half of 2020, the company's sales
to shut its project finance business is ICICI Bank. Join them.
increased from Rs775.27 crore to
Q2FY20 Q1FY20
Income 117.60 crore Income 78.63 crore
Rs1283.89 crore, while profit in-
creased from Rs194.61 core to Wealth Destroyer Stocks of 2019
PAT 1028.66 crore PAT 669.28 crore
Rs330.52 crore. The company has Co. Name CMP Ch.(%) Co. Name CMP Ch.(%)
Income Growth 49.56% PAT Growth 53.70%
more than Rs6500 crore projects on Reliance Capital 12.25 -94.67 Suzlon Energy 2.04 -62.36
ment Limited (BHIL) is the holding company of Bajaj Auto Ltd and Bajaj hand. The stock can be bought with
Reliance Comm. 0.90 -93.75 Chennai Petro. 114.05 -61.64
Finserv Ltd. BHIL has been registered as a 'Systemically Important Non- long term outlook and may give good
deposit taking NBFC as per RBI Regulations. Bajaj Holdings & Investment return in 2020 as well. Dewan Hsg. 16 -93.58 Sterlite Techno 112.65 -61.61
Limited holds strategic stakes of 33.43% in Bajaj Auto Ltd (Rs.31000 crore), Mahindra CIE (Rs.165.00) Reliance INfra 23.1 -92.68 Graphite India 308.7 -59.19
39.29% in Bajaj Finserv Ltd. (Rs.59000 crore) and 24% in Maharashtra
(Code: 532756) :- M&M Group's Jet Air. 24.5 -91.18 Allahabad Bank 18.85 -59.11
Scooters Ltd. (MSL) (Rs.1200 crore). BHIL is also investing in many com- Reliance Power 3.33 -88.38 ITD Cem. 47.5 -57.96
panies like HDFC BANK, TECH MAHINDRA, BATA, ICICI BANK, NSE etc. forging company got merged with for-
eign company CIE in 2013. It manu- Jain Irrigation 8.25 -88.16 IRB Infra 69.3 -57.71
The BHIL's total holding value of BAJAJ Group's companies is around
Rs.91200 crore while its market cap is only Rs.38234 crore factures equipment. It is one of the Coffee Day 42 -84.83 IFCI 6.36 -57.54
Technical Observations : The stock is trading above its 5, 10, 20 and leading truck forging suppliers in Eu- Lakshmi Vilas Bk. 18 -79.29 Himadri Sp. 56.9 -56.56
200 day exponential moving averages on daily chart and in buy mode on rope and supplies engine excels and Indiabulls Int. 79.55 -78.76 INOX Wind 33.7 -56.06
ADX, MACD, PSAR and super trend on monthly charts. The stock trading is iron casting and automotive magnates SREI Infra 7.96 -78.01 Indian Bank 107.5 -55.91
3435 can be bought at CMP and on dips with a target of 3850 to 4100 over in India. The company is moving to- CG Power 10.92 -75.76 Gayatri Pro. 80.35 -54.31
the next 15 to 21 months. wards turnaround position slowly af-
8K Miles 36.8 -74.0 I.B. Ventures 176.9 -54.15
ACCELYA SOLUTIONS INDIA LTD ter the merger with CIE. Mahindra
Group is ready to pump in more
PC Jew. 24.1 -72.03 Dishman Carb. 106.35 -53.84
(532268 & NSE) (1070) (FV 10) money once again. As against equity Vodafone 6.00 -71.92 PNB Hsg. 434.45 -52.97
Accelya is a leading pro- of Rs378.78 crore, the company has Yes Bank 51.35 -71.75 Wockhardt 248.15 -52.65
vider of technology products reserves of Rs3910.30 crore. The Eveready Ind. 54.25 -71.01 Magma Fincorp. 53.5 -51.61
and services to the travel company follows calendar year as fi- Thomas Cook 68.1 -70.83 CARE Ratings 478.7 -51.14
and trans port indus try . nancial year. In September quarter, J. P. Asso. 2.27 -70.52 Guj. Narmada 168.2 -50.63
Ac c ely a harnes ses the the company's income decreased HEG 1128.3 -69.67 Future Cons. 22.65 -50.55
power of technology, data from Rs652.41 crore to Rs471.42
and industry expertise to
I.B. Finance 299.3 -64.93 GET&D 146.15 -50.29
crore, while it recorded losses of
help airline and travel com- Dish TV 13.98 -63.45 Central Bank 18.35 -50.0
Rs32.59 crore as against profit of
panies manage their finan- Rs42.58 crore in the corresponding
cial processes and gain in- period. However, the losses are Large Caps trading at a Discount
Q2FY20 Q2FY19 higher due to one time loss of Rs26.89
Income 121.78 crore Income 109.98 crore
Co. Name 3 Year Latest Co. Name 3 Year Latest
crore. Moreover, the slowdown in the
PAT 32.56 crore PAT 23.24 crore market has also affected the perfor- average P/E average P/E
Income Growth 10.73% PAT Growth 40.10% mance of the company. As the stock P/E P/E
sights into their business performance. Accelya's solution and services en- seems attractive after correction it can Coal India 17.0 7.0 Tata Steel 7.1 4.9
able them to anticipate, adapt and accelerate to stay at the leading edge of be considered for investment. Gail India 19.1 8.3 Eicher Motors 38.7 26.9
change in a challenging environment. With approx 300 airline customers, Ramco Systems
Tata Motors 14.0 6.4 ITC 32.0 23.4
its operations are spread over 10 countries with over 2800 employees world- (Rs.164.00) (Code:532370) :-
wide. Accelya's solution and services manage more than 5 bn financial The promotes own 54.71% and pub-
ONGC 10.5 5.3 Hero Moto 18.0 13.4
transactions and 75 mn tons of cargo annually. lic own 45.29% stake in the company. Power Grid 15.3 7.8 Dr. Reddy’s 32.6 25.0
Recently Vista equity partners acquire accelya and therefore they an- The book value is Rs189. As against Indian Oil 13.1 6.8 L & T 26.1 20.8
nounced open offer at a price of 944.19 per share which is below CMP. Our
equity of Rs30.63 crore, the company Zee Enter. 28.9 17.1 Vedanta 9.7 8.1
chart reading suggested that open offer may not be accept by minority in-
has reserves of Rs546.89 crore. In
vestors. Hindalco 14.3 8.7 Wipro 17.4 14.8
Technical Observations : The stock is trading above its 5, 10, 20, 50,
September quarter, the company's in-
come increased from Rs131.47 crore JSW Steel 12.9 8.2 Indusind Bank 30.2 27.2
100 and 200 day exponential moving averages on daily chart and in buy
mode on ADX, MACD, PSAR and super trend on daily and weekly charts. to Rs149.28 crore, while profit in- NTPC 11.6 7.5 Maruti Suzuki 30.4 28.4
The stock trading is 1070 can be bought at CMP and on dips with a target of creased from Rs3.91 crore to Rs7.40 Bharti Infra 22.4 14.8 Adani Ports 20.5 19.3
1550 to 1775 over the next 15 to 21 months. crore. The mutual funds hold 12.91% M&M 15.6 10.3 Bajaj Auto 19.5 18.8
stake in the company currently. It has

Technical News : 30-12-2019 to 3-1-2020

carried forward its partnership with
HAECO, which may benefit the com- Companies that paid dividend consistently
pany. The stock prices have come Dividend Yield (%)
Manu Consultants : Manishkumar - Kolkata down considerably from two year high.
SEBI REG:- RESEARCH ANALYST- INH300002449 It may give good returns in 2020. 31-12-15 31-12-16 31-12-17 31-12-18 13-12-19
NIFTY FUTURE Jindal Steel (Rs.161.00) National Alu. 4.38 4.08 3.26 8.66 13.22
NIFTY FUT SUPPORT AT 12100-12000 AND RESISITANCE 12340- (Code:532286) :- The company Hind. Zinc 3.01 10.88 9.52 2.87 9.71
500 borrowed a huge capital for expan-
STRATEGY :- BUY BANK NIFTY ON DIPS TILL 32200 SL 31800 TA sion but faced troubles due to bear- SJVN 3.30 3.67 8.11 8.61 8.63
32800-33400 ish market as a result the debts kept REC 4.72 6.85 6.20 7.49 8.08
STOCKS F&O:- mounting. On the other hand, the
ADANI ENT :- BUY ADANI ENT ON DIPS TILL 210 SL 205 TA 216- promoters got in legal tangle. There-
PTC India 3.29 3.40 2.53 4.31 7.47
24 fore, the stock prices came down IOC 1.54 2.15 4.77 8.19 7.20
VEDL :- BUY VEDL ON DIPS TILL 148 SL 146 TA 158-64 crumbling. However, after revival in
ASHOK LEYLAND :- BUY ASHOK LEYLAND ON DIPS TILL 78 SL
Coal India 6.28 9.13 7.57 6.85 6.70
commodity cycle, the stock has wit-
77 TA 84-88 nessed improvement at lower level. Oil India 5.22 3.54 3.84 5.72 6.63
MANAPPURAM :- BUY MANAPPURAM ON DIPS TILL 172 SL 170 In September quarter, the company's CARE Ratings 6.00 2.13 2.25 5.57 6.27
TA 184-88 income decreased from Rs9982.25
ALL SL ARE CLOSING BASIS crore to Rs8939.47 crore, while it
NHPC 2.85 5.67 5.92 5.38 6.11
SELL STOCKS witnessed losses of Rs300.5 crore HPCL 2.93 2.61 4.78 6.71 5.95
SELL NBCC ON RISE TILL 36 SL 38 TA 32-30 as against profit of Rs343.67 crore
SELL TCS ON RISE TILL 2265 SL 2294 TA 2180-40
NTPC 1.71 2.03 2.70 3.44 5.26
in the corresponding quarter last
DELIVERY STOCKS year. The company is selling its non- NMDC 9.52 11.17 3.74 4.44 4.83
BUY SHARDA MOTOR SL 940 TA 1250-1400 core assets to decrease debt burden. Power Grid 1.42 1.26 2.17 2.64 4.49
DISCLAIMER:- The Recommendations are based on technical analysis. There The stock is good option for buying
is a risk of loss in trading.Please visit website www.dallalstreet.org for full dis-
in phased manner. The stock may MOIL 4.05 1.75 2.27 3.27 4.31
claimer and disclosures.
SMART INVESTMENT
Christmas
Wel Come
2 02 0
9
Special Issue 29th December 2019 to 4th January 2020

TECHNICAL TALK
BCOM, LLB, GDC&A, NISM RESEARCH ANALYST.
-Dhananjay Kadam
Three stocks to focus in 2020
TECHNICAL ANALYSIS, TECHNICAL ANALYSIS TRAINER The author feels that investors
PUNE : MOBILE NUMBER - 7588622374 should consider temporary and Vijaya Kittu M, GetPaidIndia.com
slightly increase in the weight of Mr. Vijaya Kittu Manda has near to 9+ years' experi-

STOCKS FOR HANDSOME GAIN some good quality stocks in their

existing investment portfolio to
ence in capital markets, financial planning, and investing.
He is an Advocate at Visakhapatnam by profession. He also
guides a software team that focuses on web analytics. He
KALYANI STEELS (Closing Price 248) enhance returns. This move started his investing in college days and is an avid reader of
should, however, be a calculated magazines and periodicals on the subject since then. He
This company is from the
move. He is on WhatsApp at +91 has 10 University Postgraduate Degrees on different subjectsand has NISM Certi-
group of well-known companies
98495 19188. fied in multiple topics. His passion for investing made him study MBA and MA
such as Bharat Forge, BF Utilities,
Hikal Chemicals, Automotive 1. Aarti Industries :- The (Economics), and he is currently pursuing Ph.D. in Management with a specializa-
Chemical sector is a complex tion in Mutual Funds. He always encourages everyone to learn any subject that
Axels etc. The Stock Price of this
sector to study. Specialty drives them towards their life goals.
company is in rising trend from 25/
10/2019. After sharp up move Chemicalsare even more
2. Ashok Leyland :- Poor 3. SBI Cards :- As SBI begins
from Rs 180 it rallied to 226 and complicated. India is increasing its to leverage more from its network and
dem and a nd a s eries of
after that it gave a Bullish Flag edge as a chemical product customer base, SBI Cards would
regulations followed by economic
destination as giant China is taking continue to grow its business at a
Breakout which we earlier given in our NOVEMBER Months Edition on pol icy tw eaking have put
a minor slowdown. Several Indian decent rate. An increase in UPI-based
24th Nov 19. automobile sector investors into
chemical manufacturing companies payments and increased competition
For the target of Rs 253, And on 26/12/2019 it achived our target by confusion. As infra begins to pick
are making good of the opportunity from the leader HDFC Bank would be
making high of 259. Now more good news for existing stock holders, To- up, and the logistics sector begins
without taking much debt on the a deterrent while easy conversion of
day also stock made a Bullish flag pattern on daily basis with a heavy recovery, the demand for MHCV
books. Aarti Industries focuses on the credit card bill into EMI will be
volume showing more positiveness more demand from Buyers. is likely to pick up in Q1FY21 and
Benze/Toulene-based chemicals positive. There will be some pressure
So as per this pattern you can buy this stock as per following levels AL is best placed to seize the
though the company broadly caters on fee-based income but volume pay
CLOSING PRICE- 248 ; STOP LOSS - 240 ; TARGETS- 274/286/296, opportunity. The adoption of the
to Chemicals (84% revenue), will offset the potential loss.
TIME FRAME- 19-24 DAYS ; (MAINTAIN SL ON DAILY CLOSING BASIS) mid -Nox s trate gy wi ll hel p a
Pharma (16% revenue), and Improvement in the economy will
smoother move to BS-VI norms.
INDUSIND BANK (Closing Price 1515) Surfactants sectors. The company
is expanding is plants at various
All eyes are on the Phoenix model
mean better recoveries and lower
NPAs levels. The IPO makes a case
IndusInd Bank Limited is due for launch in March 2020. So,
places, including Jhagadia for demanding high premiums and
a Mumbai based Indian the stock would experience an
(Gujarat), Dahej, Vapi and Tarapur, there are potential listing gains. From
bank, established in 1994. accumulation phase in the first two
and New Bombay. This will make a business model and stock positioning
The bank offers commercial, quar ters f ollowed by de cent
a minor impact on the cash flow of perspective, the stock is suitable for
transactional and electronic returns in the last two quarters of
the company during 2020, but more high risk-takers for medium to long-
banking products and ser- next year. AL signed an MoU with
importantly, it will set the stage for term investing. Being a company in a
vices. IndusInd Bank was Cholamandalam Investment and
a better 2021. The stock is focused business, the most significant
inaugurated in April 1994 by YES Bank for customized vehicle
consistently beating the benchmark risk for the stock is the lack of
then Union Finance Minister financing.
index over different timeframes. diversification opportunities.
Manmohan Singh. It is the
first among the new-genera-
tion private banks in India. The bank started its operations with a capital
amount of Rs. 1 billion among which Rs. 600 million was raised by the In-
Best time to invest Small-Mid Cap
dian Residents and Rs. 400 million was raised by the Non-Resident Indians.
The bank has specialized in retail banking services and continuously up-
grades its support systems by introducing newer technologies. It is also
stocks from Large Cap Stocks
working on expanding its network of branches all across the country along
with meeting the global benchmark. IndusInd bank boasts of more than 1000 Nilesh S. Kotak (Members of Ahmedabad Stocks Exchanges)
branches and over 1,800 ATMs spread across the country. The Bank also Ph. : 26584076, 26582276 Mob : 9227204076, 9898425655 Email : dhanvarsha@airtelbroadband ;
has representative offices in London, Dubai and Abu Dhabi. The Bank en-
joys clearing bank status for both major stock exchanges - BSE and NSE - Name of the Co. F.V. CMP B.V. M.Cap. Debt 52 Wk 52 Wk.
and major commodity exchanges in the country, including MCX NCDEX
and NMCE IndusInd Bank has been ranked 13th in the BrandzTop 50 Most (Rs.) (Rs.) (Rs.Cr.) (Rs.Cr.) High Low
Valuable Indian Brands 2015, as adjudged by WPP and Millward Brown. Alembic Ltd 2 55 52 1430 0 60 31.20
Now as per technical studies after making a high of 1596 on 02/12/2019
Stock witnessed some profit booking which bought stock down till 1396, and
Entertainment Network 10 250 291 1199 0 631 220.00
after making that low on 11/12/2019 it made a Doji candle which shows G M Breweries 10 444 218 812 0 779 448.20
indecisiveness between Buyers & Sellers and on a very next day it gave a Greaves Cotton 2 130 45 3003 0 157 112.60
bullish candle and made Morning Star Pattern confirming that Buyers mak-
ing entry in counter, From that day stock went straight up till 1508. After rally India Nippon 5 311 188 704 0 481 290.00
of 112 Points stock went in consolidation zone and on 24/12/2019 it again Lakshmi Machine 10 3256 1575 3478 0 6431 3147.00
gave very Bullish Candle to complete one of the most profitable pattern of Nucleus Software 10 283 177 823 0 397 267.00
chart studies i.e Flag Pattern on Daily Time Frame
So as per this pattern you can buy this stock as per following levels Sandur Manganese 10 625 767 548 0 1094 631.00
CMP -: 1515 ; STOP LOSS -: 1504 ; TARGET -: 1590 ; TIME FRAME -: 11 Sharda Crop Chem 10 211 142 1908 0 421 214.00
DAYS ; RR RATIO -: 1:5+ ; (MAINTAIN SL ONLY ON DAY CLOSING BASIS)
Supreme Petro 10 150 72 1456 0 240 153.00
MAS FINANCE (Close Price- 865) Techno Ele. 2 278 133 3064 0 322 215.00
Stock price is in uptrend Tinplate 10 140 68 1470 0 168 145.00
from last one year . on 26 /10/
2018 stock made low of 418 and
started uptrend yesterday it
closed on 865 given more than
100% reterns in last year. In this
FII & DII Activity for the Jan. 2019 to Dec. 2019
month on 3/12/2019 it started FII (Rs. Cr.) DII (Rs. Cr.)
sudden upmove made high of
Rs 844 and started consolida- Months Gross Gross Net Gross Gross Net
tion after healthy consolidation Purchase Sales Purchase Purchase Sales Purchase
it made good price breakout with good volume today on 26/12/2019. On Jan. 19 101,801.24 101,673.57 127.67 76,616.16 74,469.29 2,146.87
daily chart stock made Bullish Flag Pattern as per this pattern this stock Feb. 19 109,909.66 96,345.09 13,564.57 67,192.45 67,758.34 -565.89
can move more upside you can buy this stock as per following levels
CLOSE PRICE - 865 ; STOP LOSS - 836 ; TARGETS - 927 ; TIME Mar. 19 143,577.58 111,206.15 32,371.43 74,638.29 88,568.54 -13,930.25
FRAME- 11-14 DAYS ; (MAINTAIN SL ON DAILY CLOSING BASIS) Apr. 19 102,562.51 89,812.96 12,749.55 66,294.61 70,514.07 -4,219.46
May 19 131,468.97 133,604.82 -2,135.85 85,285.17 79,968.83 5,316.34
Value of Rs. 1 Lakh Invested in Various Asset June 19 98,712.03 99,400.53 -688.50 58,637.91 54,994.60 3,643.31
(As on 20-12-19) Sensex Gold Silver FD (SBI) PPF* Jul. 19 92,246.74 109,116.87 -16,870.13 92,650.09 72,255.57 20,394.52
1 Year 114410 122715 120343 106650 108000 Aug. 19 108,529.84 123,358.60 -14,828.76 87,205.37 66,271.78 20,933.59
1 Year Sept. 19 103,760.72 110,384.77 -6,624.05 84,873.73 72,382.92 12,490.81
Post Tax Returns 114410* 115900 114240 104655 108000
Oct. 19 116,236.18 107,640.52 8,595.66 81,036.58 76,278.10 4,758.48
5 Year 152279 141171 118760 148641 151757
5 Year Nov. 19 149,792.41 136,867.48 12,924.93 76,227.97 84,198.26 -7,970.29
Post Tax Returns 152279* 137054 116884 132408 151757 Dec.19* 91,620.21 89,611.84 2,008.37 56,724.26 58,377.18 -1,652.92
** Taxed at 10 % without indexation, # Silver prices suffered losses ; All Post - tax * Month till date : 27-12-2019
returns are calculated on capital gians, except PPF, * Taxed at 30% Income Tax
10 Wel Come
2 02 0 Christmas
SMART INVESTMENT
th
29 December 2019 to 4 January 2020 th
Special Issue
Expert’s Eye Nifty & Sensex Movement during the last week REVIEW OF “SMART PLUS NEWS LETTER”
(Continued from page 12) NSE - Nifty Open High Low Close Diff AMAZING RETURN 10% Return
23-Dec-19 12235.45 12287.15 12213.25 12262.75 -9.05
The deriv ativ es ex piry week
24-Dec-19 12269.25 12283.7 12202.1 12214.55 -48.2
SMART GAIN FOR SMART INVESTORS
ended with Loss of -26.00 points for Company Reccom. Weekly Ch. Company Reccom. Weekly Ch.
NSE Nifty and of -106.40 points for 25-Dec-19 X-Mass Holiday NA 23-12-2019 High (%) 23-12-2019 High (%)
BSE Sensex. 26-Dec-19 12211.85 12221.55 12118.85 12126.55 -88 Avanti Feeds 579 583 0.69 TVS Motors 461 466 1.08
Markets opened on Monday, on 27-Dec-19 12172.9 12258.45 12157.9 12245.8 119.25 J. B. Chemical 423 430 1.65 Godrej Agrovet 501 508 1.4
a poor note and after moving both Net Weekly Loss -26 Venkey’s 1767 1790 1.3 Delta Corp. 209 213 1.91
sides, it closed in red with minor BSE - Sensex Open High Low Close Diff ICICI Lombard 1409 1432 1.63 Glenmark 344 352 2.33
losses. NSE Nifty lost mere 9.05 23-12-19 41,548.26 41,701.62 41,474.61 41,642.66 -38.88 Just Dial 591 592 0.17 Hindalco 215 216 0.47
points to close at 12262.75 and BSE Titan 1200 1201 0.08 Mind Tree 767 792 3.26
24-12-19 41,684.51 41,702.98 41,423.07 41,461.26 -181.40
Sensex marked deficit of mere 38.88 PVR 1832 1884 2.84 Capri Global 200 202 1
points to end the day at 41642.66. 25-12-19 X-Mass Holiday NA CRISIL 1801 1988 10.38 Subros 238 250 5.04
Market witnessed high volatile trades 26-12-19 41,543.80 41,543.80 41,132.89 41,163.76 -297.50 Dixon Techno 3708 3914 5.56 Delta Corp. 209 213 1.91
for the day that recovered from the 27-12-19 41,297.08 41,611.27 41,264.92 41,575.14 411.38 Bharat Forge 492 500 1.63 L & T Fin. 116 118 1.72
low of the day to close with small ero- Net Weekly Loss -106.40 GMM Pfaudler 1759 1872 6.42 Balrampur Chini 174.5 184 5.44
sion. Banking and Pharma counters Relaxo Footwear 624 632 1.28 The Phoenix Mills 771.45 842 9.15
41163.76. Thus both benchmarks ken surplus for the day. According to
lead the doom while Consumer Bajaj Auto 3201 3243 1.31 Adani Gas 151 157 3.97
closed below the sentimental levels seasoned players, today being the
Durables , IT, Auto counters wit- United Breweries 1239 1299 4.84 Lemon Tree 62 64 3.23
of 12.2K and 41.2K respectively. Firm final day of CY19 for delivery settle-
nessed bargain hunting. Mid and Maruti 7261 7361 1.38 Sail 41 42 2.44
Crude Oil kept a tab on general sen- ment, institutional and fund buying
Small cap however remained under Pdilite 1377 1398 1.53 Jiya ECO 31 32 3.23
timent for the global markets. On played an important role for the rally
depressed condition on continued KNR Const. 231 233 0.87 GSFC 67 69 2.99
domestic front, continued profit book- in a bid to jack up CY end NAVs of
hammering. FIIs were the net buyers Manappurm Fin. 174 176 1.15 Jamna Auto 46 47 2.17
ing ahead of CY end kept market on their investments.
while DIIs were the net sellers for the
day.
a sliding mode. Oil and Gas, FMCG, Dollar moved Rs. 71.35 per dol- Only Subscribers Will Get SMART PLUS NEWS LETTER
Banking counters lead the doom and lar for the week. Brent Crude Oil re- on their E-mail Address.
On Tuesday markets opened flat
got support from Reliance and few mained firm around 67 $ a barrel and
but with positive tone. However, post
noon, it gave up on profit booking at
Telecom fancy counters. However, raised concern. Now all eyes will be Log on to..... www.smartinvestment.in
select value buying in metal and min- on dispatch data of Auto and Cement
higher levels to close in red. NSE
ing counters along with Mid and Small sector for the month of December 19
Nifty marked deficit of 48.20 points
c ap fanc y sc rip helped market and other economic data globally. Stock Wave Terrific Shots
to end the day at 12214.55 and BSE
breadth to turn positive. FIIs were the Also budget countdown will start from (Continued from page 12)
Sensex lost 181.40 points to close at
net sellers while DIIs were the net ensuing week and thus market will
(Continued from page 12)
41461.26. Warning by IMF for con- which also includes HDFC and
buyers for the day. turn volatile. FIIs investment plans for Bank Nifty Future (32620.00)
tinued slowdown of the economy pro- other banks. It is one of the two de-
With positive openings on Friday CY20 are eagerly awaited. :- It is moving upward from bottom
pelled profit booking by Fund houses pository service providers of the
indices remained in green for the day Amidst such a scenario, bench- of 31065.30. It shows overbought to
ahead of CY end. IT, Oil and Gas, country. It came up with IPO at price
to close with sizeable gains. NSE marks movement is likely in the range
Capital Goods, Power lead the doom. neutral position on daily basis, while of Rs149 in June 2017 and since
Nifty scored 119.25 points to end the of 12600-11800 for NSE Nifty and
Banking and Auto counters witnessed overbought on weekly and monthly
day at 12245.80, mirroring similar 42200-40800 for BSE Sensex for then it has given good return. As
mixed trends. However, shift to se- basis. On upward movement, be-
trends BSE Sensex gained 411.38 coming week. against equity of Rs104.5 crore, the
lect fancy Mid and Small cap counters yond 1292 it may witness resisting
points to close at 41575.14. Thus DISCLAIMER : No financial information company has reserves of Rs494.25
was at the center stage. However, whatsoever published anywhere here should be level at 1306. On the downward
Nifty missed 12.25K level with a kiss- crore. In September quarter, the
market breadth remained negative. construed as an offer to buy or sell securities, or movement, below 1261 it may go
ing distance while Sensex managed as advice to do so in any way whatsoever. All company's income increased from
FIIs and DIIs turned net sellers for down to 1246, 1231 and 1217.
closed above 41.5K. Positive global matter published here is purely for educational Rs47.24 crore to Rs53.15 crore,
the day.
trends and announcement from Gov- and information purposes only and under no cir- ICICI Bank (549.40) :- It is mov- while profit increased from Rs26.85
All markets were clos ed on cumstances should be used for making invest-
ernment fund infusion in PSU banks ment decisions. Readers must consult a quali- ing upward from bottom of 384.35. crore to Rs30 crore. The stock is
Wednesday on account of X-Mass
lifted the general sentiment. Banking fied financial advisor prior to making any actual It shows overbought to neutral po- being quoted around P/E of 25. It
Holiday. investment decisions, based on information pub-
sector lead the really and got sup- sition on daily basis, while over-
With negative opening on Thurs- lished here. Any reader taking decisions based has been in consolidation zone for
port from index heavyweights like on any information published here does so en- bought on weekly and monthly ba-
day indices moved both sides before a long term but now it is good op-
Reliance, L & T etc. Mid and Small tirely at own risk. Above information is based on sis. On upward movement, beyond
ending in red to adieu derivatives the details available as on the date along with tion for investment in phased man-
cap indices underperformed the 550 it may witness resisting level at
expiry of December 2019. NSE Nifty market perceptions. Investors should bear in ner.
benchmark s. However, market mind that any investments in stock markets are 560. On the downward movement,
lost 88.00 points to close at 12126.55 Disclosures as per SECURITIES AND
breadth remained positive. FIIs and subject to unpredictable market related risks.
below 533 it may go up to 528, 518, EXCCHANGE BOARD OF INDIA (Research Ana-
and BSE Sensex marked deficit of (THE AUTHOUR IS SEBI REGISTERED RE-
DIIs were the net buyers with a to- lysts) Regulation, 2014; • I and / or my clients
297.50 points to end the day at SEARCH ANALYST) 509, 497 and 487. may have investment in this stocks • I/My family
Kotak Bank (1685.60) :- It is have no financial interest or beneficial interest of
Smart Tips Smart Picks 2020 34.01% stake in the company. Shri moving downward from top of more than 1% in the company whose stocks I am
Baba Kalyani is in the Board of Di- recommending • Stop loss is useful for Short / Me-
(Continued from page 12) (Continued from page 12) rectors.
1734.80. It shows overbought to dium Term investor Only • Smart Investment will
neutral position on daily basis, while not be responsible / liable for any loss arising out
Mishra Dhatu Nigam (Rs. zero debt and quality manage- On Year on Year basis Rev- overbought position on weekly and
of investment based on tis advices • Past perfor-
mance may or may not be substainedin future "
157.00) (Code: 541195) :- ment. The stock has historically en- enues for the second quarter fell monthly basis. On upward move- (Dilip K. Shah)
Shares of this B Group listed spe- joyed PE in excess of 20. At present 19% to Rs 321 crores. Profit After ment, beyond 1717 it may witness Research Analyst
SEBI Regn No. : INH000002152
cialized metals and metal alloys PE of 15 on expected EPS of Rs 11 Tax fell to Rs 6.37 crores from Rs resisting level at 1735. On the down-
company touched a 52-week high for the current year. 24.43 crores. ward movement, below 1687 it may
of Rs. 186 and low of Rs. 100. The Hikal Limited Rs 112 Apart from the reduced Rev-
enues, the main reason for the dras-
go down to 1679, 1659, 1629 and NIFTY : 12245.80
PSU is among the Miniratna com- (Stop Loss Rs 91) 1607.
panies. The central government tic fall in Profit was Exceptional item 52 Wk High : 12287.15
Established in 1988 and listed MGL (1299.60) :- It is moving
holds 74% stake in the company. on 10 January 1995, Hikal provides
of Rs 15.40 crores pertaining to the downward from top of 1089. It 52 Wk Low : 10534.55
customs duty on past imports of raw
The company had issued shares at
Rs. 90 apiece in its IPO last year.
research services, active ingredi-
materials.
shows oversold position on daily RETURNS
ents and intermediates in the field basis, while overbought position on
The company's order book stands of Pharmaceuticals, Crop Protection Management has clarified that weekly and monthly basis. On up- YTD : 12.73%
at Rs. 1,900 crores. The company the financial performance for the ward movement, beyond 1058 it 1 Week : -1.10%
and Specialty Chemicals industry.
is benefiting from the Make in India second quarter was impacted due may get resisting level at 1067. On
Few may be knowing that
to:-
1 Month : 0.70%
campaign. The company's equity is Kalyani Investment Company and the downward movement, below
Rs. 187.34 crores, debt Rs. 106.66 1. Custome duty payment for the 1040 it may go down to 1024, 1002,
3 Months : 4.80%
BF Investment Limited together hold
crores, and reserves of Rs. 647.37 past. 2. De-stocking by customers 990 with support at 980. 6 Months : 2.40%
crores. For September quarter, it led to a slower offtake. 3. Tempo-
of Rs. 2,255 crores from Power Grid Tata Elxsi (1046.05) :- It is mov- 1 Year : 13.00%
reported income of Rs. 170.21 rary plant shutdown at Mahad due ing downward from top of 899. It
Corporation, Tamil Nadu Power 2 Years : 15.10%
crores, and profit of Rs. 35.85 to flooding. 4. Multi-purpose plant shows oversold position on daily
Transmission Corporation, and
crores. Operating profit margin was Karnataka Power Transmission
shutdown to increase capacity at the basis, while overbought to neutral 3 Years : 53.30%
34.24%, while net operating margin Bangalore facility. on weekly basis and towards over-
Corporation. It has also bagged an
was 21.06%. The stock can be seen Meanwhile, USFDA has suc- bought on monthly basis. On up- Disclaimer :- Investment rec-
order of Rs. 853 crores for Delhi
touching its 52-week high price in cessfully audited Bangalore and ward movement, beyond 822 it may ommendations made in Smart In-
Metro Phase 5 project, and Rs. 517
4-6 months. Panoli facilities during Aug and Sep. get resisting level at 842 and 851. vestment are for information pur-
crore projects from Railway Vikas
KEC International (Rs. Panoli facility had zero observations On the downward movement, below poses only and derived from source
Nigam for civil works of major and
while Bangalore facility had one mi- 803 it may get support at 780. that are deemed to be reliable but
304.00) (Code: 532714) :- minor bridges. For September quar-
nor observation which has been
ter, KEC's consolidated income was Disclosure : The Recommenda- their accuracy and completeness
Shares of this heavy electrical
closed out. tions are based on technical analysis. are not guaranteed. Smart Invest-
equipment manufacturer are listed Rs. 2809 crores, and profit Rs.
ment or the analyst / writer do not
in the A Group, and have face value 139.12 crores. Axis Securities has Happy investing There is a risk of loss in trading.
accept any liability for the use of
of Rs. 2. The shares touched a high given a 'Buy' rating on the stock with A K Asnani including associates this column for the buying or sell-
of Rs. 340 and low of Rs. 230 in the a target price of Rs. 367.
SEBI Registered Research Analyst)
holds less than 1% equity stake in all the
stocks advised above. He will not be re-
SENSEX : 41575.14 ing of securities. Readers of this
last 52 weeks. A part of RPG Group, column who buy or sell securities
KEC operates in infrastructure,
* Disclosure :- The author has not brought /
sold any stock advised in this news paper during
sponsible / liable for any loss arising out 52 Wk High : 41809.96 based on the information in this col-
of investments based on its advices in-
EPC, power transmission, power last one month • All stocks rates / indices on 27th
cluding any inadvertent errors/omissions.
52 Wk Low : 35010.82 umn are soley responsible for their
December, 2019 unless specified o Stoploos is
systems, cables, railway, and other
segments. It has presence in over
useful for Short - Medium term investors only
* Disclaimer :- • Smart Investment will not be
This advice should not to be construed RETURNS actions. The author, his company
or his acquaintance may / may not
as an offer to buy or sell securities. Stock
50 countries in Africa, Asia, responsible / for any loss arising out of investment
based on its recommendation. • Though, every
price movements are subject to market YTD : 15.27% have positions in the scrips fea-
America, Middle East, etc. The com- care has been taken, we will not responsible for risk. Past performance may or may not 1 Week : -1.20% tured herein.
pany has bagged three large orders any errors / omissions • All disputes are subject to be sustained in future.
Ahmedabad jurisdiction 1 Month : 0.80%
SMART INVESTMENT
Christmas
Wel Come
2 02 0
11
Special Issue 29th December 2019 to 4th January 2020

Smart Education - Yog Joshi Kaveri Seeds (Rs. 534.00)

(Code: 532899) :- The company
Dalal Emami (Rs. 306.00) (Code:
531162) :- Emami Group aims to
Introduction : He is in touch with stock market has received SEBI nod to buyback Street become debt-free by March 2020
since 1996, and having deep study on the subject of "
Stock Technical Analysis" since last six years
28 lakh shares, which make up
4.4% of its equity, at Rs. 700
Whispers by repaying its Rs. 2,600 crore
loans. The group has already re-
Dilip K. Shah duced the debt by Rs. 2800 by par-
Currently, he is organised educational seminar and apiece, and totaling to Rs. 196
classis of the Stock Technical Analysis in city like crores. Attraction can be seen in tially selling its stake in Emami.
45.00) (Code: 503816) :- The
Ahmedabad and Rajkot, he is also invited by leading the share in the coming days in company has fixed January 6 as SML Isuzu (Rs. 579.00)
finance collage for guest lecture on Technical Analysis for their MBA view of the large difference be- the record date for its stock split. (Code: 505192) :- The stock is up
students. tween the offer price and current NTPC (Rs. 116.00) (Code: 15% in one month. ICRA has up-
price. graded rating of its short-term
532555) :- This power behemoth
Knowledge Series Selan Exploration (Rs. has announced plans to invest Rs.
banking facility to AA+1.
158.00) (Code: 530075) :- The Tata Steel (Rs. 469.00)
Technical Analysis Trading Strategy - 2 agreement between US and China
50,000 crores for 10 GW solar
(Code: 500470) :- The company
power capacity by 2022.
EMA Crossover and Candlestick Pattern for a trade deal, as well as onset of ONGC (Rs. 128.00) (Code: is expected to announce restructur-
winter across the world has re- ing of its domestic business in a bid
500312) :- The company has re-
From last week we started new
education knowledge series on the
Technical Analysis sulted in increased demand for ceived environmental clearances
to unlock value. Moreover, global
crude oil. Brent Crude prices have brokerages and financial firms have
basis of what we learnt since last one From crossed $68 per barrel on account
for exploration, development and
production of oil at 100 locations in
upgraded their ratings on Tata
year and its known as "How to plan a Steel.
of Russia cutting its output, and
Trade" Basic to Advance decline in crude inventories in US.
non-forest areas of Assam. It will
Gujarat Gas (Rs. 225.00)
invest Rs. 3,500 crores for these
Last week we deeply discuss three main important points which are Increase in crude prices will ben- (Code: 539336) :- Rating agency
projects.
need to consider before panning for any trade and that are efit Selan Exploration as well as Crisil has upgraded the company's
Dwarikesh Sugar (Rs.
1) Strategy 2) Money Management 3) Trading Psychology Hindustan Oil Exploration. long-term bank facility from AA+ to
31.00) (Code: 532610) :- Sugar
Hope you all like that article and found helpful to plan a trade Deepak Fertilizer (Rs. AA+ Stable.
production is estimated to be 35%
Today we are discuss about how to plan a trade with the combination 98.00) (Code: 500645) :- The Adani Ports (Rs. 363.00)
lower this year. Strong demand and
of Moving Average Crossover and Candlestick pattern company has commenced com- (Code: 532921) :- LIC has in-
increase in sugar prices are seen
mercial operations at its new plant, having a positive impact on the creased its stake in the company
which will boost its earnings as well stocks of Dwarikesh Sugar, to 11.75% by buying 4 crore
as profit. Balrampur Chini, Shakti Sugar, shares.
SBI (Rs. 337.00) (Code: Disclosures as per SECURITIES AND
Dhampur sugar, etc. EXCCHANGE BOARD OF INDIA (Research
500112) :- RBI's announcement to Maruti Suzuki (Rs. 7349.00) Analysts) Regulation, 2014; • I and / or my
buy Rs. 10,000 crore worth of 10- (Code: 532500) :- After months of clients may have investment in this stocks •
year bonds is expected to benefit I/My family have no financial interest or ben-
poor demand, the country's largest eficial interest of more than 1% in the com-
SBI the most. Moreover, foreign car manufacturer has announced pany whose stocks I am recommending • Stop
brokerage house Citi has revised increase in production from the loss is useful for Short / Medium Term inves-
the target price on SBI from Rs. 300 tor Only • Smart Investment will not be respon-
New Year. It has also announced sible / liable for any loss arising out of invest-
to Rs. 400 while maintaining 'Buy' price hikes for various models. ment based on tis advices • Past performance
rating. Leading brokerages are bullish on may or may not be substainedin future " (Dilip
Bajaj Ele. (Rs. 339.00) the stock. K. Shah) Research Analyst : SEBI Regn
No. : INH000002152
(Code: 500031) :- Demand for
heaters and geysers is expected to
Here we will use Exponential Moving Average for crossover
rise due to onset of winter in the Senior Astrologer
Buy Call Planning :- Here for Buy call planning, when candlestick
country. Bajaj Electricals as well as Dharmesh Joshi
close above 5-8-13 EMA with pattern like Bullish Marubozu or Engulfing
V-guard are expected to benefit Mob. : 9909941816
Bullish supported by Bullish candle that well be consider as a good buy
from this. E-mail :
signal.
RITES (Rs. 285.00) (Code: stockmarket@ganeshaspeaks.com
Sell Call Planning :- Here for Sell call planning, when candlestick
close below 5-8-13 EMA with pattern like bearish Marubozu or Engulfing
541556) :- At its meeting on De-
cember 27, the company's board Sensex Predictions : Dt. 30th Dec. 2019 to 3rd Jan. 2020
bearish supported by bearish candle that well be consider as a good sell " Please consider 10 minutes plus and minus in each prediction, and
declared interim dividend of 60%
signal. act accordingly. " Ganesha advises you to compare every prediction with
or Rs. 6 per share for financial year
2019-20. the prediction of the previous time slot.
30-12-2019 Monday :- Do not do anything from 9.15 to 10.15,
Smart Investment PNB Gilts (Rs. 28.00) (Code:
532366) :- The company is a lead- because during this time Nifty will decide which direction it should go. There-
Subscription Rates ing player in transaction of govern- fore, Ganeshji suggests not to take any position during this period of un-
ment securities and bonds. It is even patterns. Nifty will be down from 10.15 am to 12.00 pm. Nifty will be
E-Copy Every Saturday eveaning in your Mail-box seen benefiting from RBI's move to up from 12.00 to 13.00. Do down side jobbing after 13.00.
E-mail Edition sell 1-year bonds and buy 10-year 31-12-2019 Tuesday :- Go ahead but be prepared to have both
1. Gujarati 1800 3200 4500 bonds. profit and loss today Sell Nifty around 10.10 and exit around 11.11. Buy
(Soft Copy)
2. English 1100 1850 2650 Ramkrishna Forging (Rs. Nifty around 11.49 and exit at around 12.33. Between 14.01 to 14.44,
(Every Saturday)
342.00) (Code: 532527) :- Re- Nifty will have a graph similar to the shape of a Capital V, so create a
(Soft Copy) ports suggest that leading mutual situation similar to this.
1. Smart Plus 1400 2500 3300 funds have been buying this stock 01-01-2020 Wednesday :- The moon is still a bit far away, so
(Every Sunday)
aggressively. there will be some mental peace, but don't forget that there is still a big
Combined Package for Weekly & News Letter Liberty Shoes (Rs. 137.00) slot left. You will get relief only after the sun changes on 16-01-2020
Guj. & English E-Copy (Code: 526596) :- Movement is The first 1 hour can be called a time pass, but the up side is boring
1 Year 2 Year 3 Year
(Every Saturday) being seen in the stock of leather- time. From 10.15 to 13.30, Nifty will go down step by step and then will
With 1. Gujarati 2700 5000 7400 footwear stocks. The company has come up step by step, thus 13.30 can be called the correction time. The
Smart Plus News a good market share, and is set to time of 20 minutes from 13.30 to 13.50 is a bit risky, where no decision
Letter (Every Sunday) 2. English 2100 3900 5400
launch two new brands. will be taken, so proceed accordingly. Today's time is the most volatile,
Whirlpool (Rs. 2387.00) from 13.50 to 15.30 where you will get to do a solid jobbing on both
Internet Payment : Online Payment Gateway (Code: 500238) :- The shares of sides. However, Ganesha also suggests that you can do down side
Facility thorugh your this electrical goods company have jobbing.
Credit / Debit Card is available. risen 93% from the 52-week low of 02-01-2020 Thursday :- Nifty will remain up from its surface
Rs. 1292. The shares have cor- between its opening till 9.55. " Nifty will be down from 9.55 to 11.38. " Nifty
Please logon to Tab “Subscribe” on our rected somewhat after touching Rs. will be up from 11.38 to 12.44. " Nothing will happen in Nifty from 12.44 to
web : www.smartinvestment.in 2494. The shares can be seen at a
new high in the coming days.
13.28. " Nifty will be slightly up during 13.28 to 14.12. " From 14.12, Nifty
can go on the negative side.
Swadeshi Polytex (Rs. 03-01-2020 Friday :- " Do not do anything for 11 minutes from
its pre-opening to opening. " Af-
Buy... Buy... Buy on Dips Hold Sell on High ter 9.25, Nifty will suddenly go
Sail 42.00 Canara Bank 227.00 D-Mart 1924.00 ITC 238.00 down till 10.32. " The time from
HOEC 807.00 Delta Corp. 203.00 SRF 3423.00 MindTree 787.00 10.32 to 11.05 is boring. " After
Malu Paper 29.00 Selan Explo 158.00 United Breweries 1276.00 Britannia Ind. 3043.00 11.05, there will be buying in the
LT Foods 22.00 Mahindra CIE 165.00 NIIT Tecno 1598.00 stock of "A" group, which has a
Tata Steel 469.00
Tiem Techno 51.00 JSPL 161.00 ICICI Prud. 491.00 positive impact on Nifty by 12.33.
ICICI Lombard 1410.00
Allahabad Bank 19.00 Subros 250.00 Manali Petro 18.00 " From 12.33 to 13.39, a W-shaped
Concor 572.00
Ashok Leyland 79.00 ITD Cementation 50.00 Dr. Lal Path 1496.00 graph will be formed in Nifty. " Af-
Balrampur Chini 184.00 ter 13.39, there will be a downward
DCB 170.00 KEC Intl. 300.00 Apollo Tyre 163.00 Cadila HC 258.00
Dhampur Sugar 223.00 movement in Nifty, which will re-
IOB 11.99 INOX Leisure 376.00 Oil India 149.00
main till 14.14. " After 14.14, Nifty
Mawana Sugar 34.00 Jaybharat Maruti 242.00 Ultratech Cement 4056.00 Havells 641.00
will suddenly rise and this may
BHEL 43.00 Chennai Petro 115.00 Maruti 7349.00 Zensar Tecno 172.00
happen throughout the day and
Manappurm Fin. 176.00 Radico Khaitan 312.00 ICICI Sec. 427.00 Future Life 394.00 week.
Jamna Auto 46.00 REC 142.00 Future Retail 341.00 GE Power 719.00
 Wel Come Financial Weekly

12 29th December 2019 to 4th January 2020 Christmas

Special Issue
2 02 0 SMART
INVESTMENT

Postal Regd. No. GAMC - 1703/2018-2020 issued by SSP Ahd. Valid up to 31 December 2020
Published on Every Sunday “Permitted to post at Ahmedabad PSO on every Monday (weekly) under
Stock Wave
(Mumbai)
(Mob) 09820728124 Final week of CY2019 ends on a negative note
The final week of Calendar Year
Sarvesh Ashok Trivedi (CY) 2019 with derivatives expiry and Expert’s Eye DILIP DAVDA
four sessions ends on a negative note
www.chartsanketstock.com with both side movements for the e-mail : dilip_davda@rediffmail.com
week. All markets were closed on
Script-based ups and downs 25th December 2019 on account of Dilip Davda is having stock market attachment since
1976 and has contributed to many financial media that
X-Mass Holiday. 26th December de-
can be witnessed
Dear Readers,
rivatives expiry took place. First three
sessions of the week ended in red. It
includes print and electronics. He is contributing to Free Prress,
Janmabhoomi, Vyapar, Corporate India etc. on stock markets and
May this new year bring health, wealth and prosperity in your life. was only final session i.e. new De- is a visiting stock analyst for Zee Biz., DD News, TV 9 etc.
BSE Index (41575.14) :- It is moving upward from bottom of 40135.37. rivatives for January 2020 marked
good beginning and helped the indi- ment. In fact CY19 turned out to be war, Brexit, Global Reserve Bank's
It shows overbought to neutral position on daily basis, while overbought on
ces to close in red with minor loss. a year of new highs despite all odds rate cut move etc on global front, and
weekly and monthly basis. On upward movement, beyond 41611 it may
However Reliance Industries was at mainly due to chase by many for se- on Budget 2020, ease of taxation,
go up to 41810, 41870, 42100 and 42340. On the downward movement, lect indices heavy weights. Otherwise GST s treamlining ex ercise,
below 41264 it may get support at 41132. the center stage for week's move-
side market witnessed lackluster Gov ernment's infra development
Nifty Future (12326.75) :- It is improving from bottom of 11855.30. It
shows overbought to neutral position on daily basis, while overbought on
BONUS MEET trades with many scrip marking 52 plans and public spending etc on the
weeks low. To name a few compa- domestic front. Having made all time
weekly and monthly basis. On upward movement, beyond 12335 it may Meera Industries : 30-12-2019 nies like Manpasand Beverages, PC highs in the previous week, market
go up to 12350, 12370, 12440 and 12510. On the downward movement, BONUS ANNOUNCEMENT Jewellers, Coffee Day, IL&FS, DHFL, rested for a while and marked adieu
below 12260 it may go down to 12230, 12190 with support at 12120. Fermenta Bio (2 : 1) IBULL Housing, Adlabs, MTNL, Ster- on a positive note on year on year
(Cont. on P. No. 10) EX-BONUS
ling & Wilson, Shemaroo etc. ham- basis for CY2019.
mered down heavily on account of For the week, we witnes sed
Axita Cotton (1 for 1)
Golden quote :- Balmer Lawrie (1 for 2)
negative reports for the corporate.
In fact the final week witnessed
movements of benchmarks in the
range of 12287.15 - 12118.85 for
consolidation ahead of CY20, to mark
If you love life, don’t waste time, DIVIDEND ANNOUNCEMENTS fresh either side movements follow-
NSE Nifty and 41702.98 - 41132.89
for BSE Sensex.
for time is what life is made up of RITES (60%) ing many factors like US-China Trade
(Cont. on P. No. 10)

Terrific Shots - Dilip K. Shah Smita N. Zaveri

SBI (Rs.337.00) (Code : Jyothy Labs (Rs.148.00) on income of Rs474.85 crore. The STAR Paper, Delta Corp,
500112) :- The PSU bank has (Code: 532926) :- FMCG com- stock is fundamentally strong and it Mishra Dhatu Nigam, KEC International
more than 24000 branches in India pany was set up tin 1983. It has can be considered for investment at
and abroad. The government is do- strong presence in fabric care, current price. STAR Paper (Rs. 117.00) (Code: 516022) :- Shares of Star
ing good work so the banks' posi- household insecticide, utensil clean- SUBROS (Rs.250.00) Paper Mills, which makes paper and paper related products, are listed in
the B Group. The shares touched a 52-week high of Rs. 174 and low of
tion is improving. Moreover, the gov- ers, fragrances, personal care and (Code:517168) :- Auto parts and
ernment is working for improvement other segments. It owns popular Rs. 74. The Modi government's plans to ban single use plastic will benefit
equipment sector company's stock
in economy and implementing strict brands like Ujala Supreme, paper companies. The stock has moved up significantly from the lows,
is listed in the B group with face
laws for the banks. So the balance Exodishwash bar, Mexo, Maya, and is likely to rise further. Smart Paper Mills belongs to the Deccan Goenka
value of Rs2 a share. It has mo-
sheet is becoming clear and banks' MexoArosol, Stiff and Shine, Exo Group, and owns 34,983 hectare land in UP and Uttaranchal, where it
nopoly in manufacturing air-condi-
performance has improved. After Dish Wash Liquid, Jeeva Naturals, grows trees to obtain raw material for its unit. Its products are mainly used
tions for automobile sector. It manu-
merger of associate banks, SBI's ExoSafai, MexoA Grade Liquid, etc. in industrial and packaging sectors. It has a capacity of 75,000 tonnes per
factures refrigeration AC for car,
performance is likely to get better. It has acquired Hankel India re- annum. Its clients include Century, Eveready, Greenply, Thomson Press,
bus, rail and transport. The promot-
In September quarter, the bank's cently. Therefore, brands like HUL, ITC, etc. For September quarter, it reported income of Rs. 74.08
ers hold 40.01% and public hold
profit increased from Rs944.87 Henko, Me White, Super Check, crores and profit of Rs. 6.74 crores. The stock is trading at a PE multiple of
59.99% stake in the company. As
crore to Rs3011.73 crore. It may Margo, Neem Liquid, Fa and Preel 3.28, and is attractively valued.
against equity of Rs13.05 crore, the
give good returns in coming one or have been included in Jothy Labs' company has reserves of 666.90 Delta Corp (Rs. 207.00) (Code: 532848) :- Shares of this A
two years. Good movement has portfolio. As against equity of just crore. In September quarter, the Group listed company have face value of Re. 1. The shares touched a 52-
been witnessed in banks like SBI, Rs36.72 crore, the company has re- company's income decreased from week high of Rs. 277 and low of Rs. 116. The company owns casinos in
ICICI and Axis bank. The provisions serves of Rs1289.81 crore. In Sep- Rs564.03 crore to Rs496.48 crore, Goa and Sikkim, along with rooms. The company is a strong brand, and
have gone down so it may give good tember quarter, the company re- while profit decreased from Rs23.88 the business is nearly recession-proof. It is the only listed player operating
return in calendar year 2020. corded net profit of Rs55.71 crore crore to Rs13.35 crore. The stock in this segment. The company has made a strategic investment of $10
can be bought taking advantage of million for a 25% stake in Jalesh Cruise. The cruise has already started
commercial operations, and it is likely to add Rs. 25-30 crore to its annual
TRADNICAL STRATEGY - BARODA correction as it may give good re-
turns in 2020. income. The Sikkim casino business is also doing very well, and it is ben-
NIMESH THAKER : Email: nimesh@nimeshthaker.com Central Depository Ser- efiting from strong tourist growth to the region. For September quarter,
Sebi Registered NO. : INH000005874 vices (Rs.225.00) (NSE) :- Delta reported income of Rs. 200.84 crores and profit of Rs. 58.86 crores.
It has surplus reserves of Rs. 1908 crores. In view of Diwali and New Year
NSE listed company's promoters
Welcome 20-20 (Trader's Twenty-20) BSE hold 24% and public hold 76%
rush, it is expected to report strong numbers for December quarter.
Happy New year to all Readers. stake in the company, Mishra Dhatu Nigam (Rs. 157.00) (Code: 541195) :- Shares
Last year, on December 29th view , I said that "after a roller coaster 2018 of this B Group listed specialized metals
(Cont. on P. No. 10) (Cont. on P. No. 10)
expect smooth ride in 2019 in favorable macro data" , I was expecting nifty
12150-12700 target for 2019 and I am very happy to say that It Is
ACHIEVED....We saw that index has been trading at all time high but ground
reality is different at portfolio level. I believe this year will be a year of stock.
Smart Picks 2020 A. K. Asnani
(M) 9893512098
I expect broad-base rally in stock in 2020. And because of that, I hope trad- Wish you all a very happy and I picked three stocks from my watch Smart Verc (Bhopal)
ers will enjoy next year same like enjoyment in T20 match in cricket. prosperous new year. list for the investors which can get Author of Book
On technical point of view, On weekly and Monthly chart, Nifty chart struc- Last year I advised only one decent returns in the year 2020. Way to Billionaire
ture looking very strong so we can expect some more momentum trade for stock in this column for the year Aditya Birla Capital Rs 99
short term. On yearly basis, downside 11200-10700 acts as strong support 2019. The stock was Atul Limited. Fairdeal Corporation (Private) Lim-
zone while 12800-13400 will be resistance for nifty for next year. overall I am
(Stop Loss Rs 80)
From the advised price of Rs 3447 ited, this Pharma company could be
bullish on nifty and I believe, government's action to improve growth in Despite so many disturbances
the stock went up to Rs 4379 and is the Dark Horse of 2020.
economy, and positive development in global market, year 2020 can be a in Finance sector this company con-
currently ruling at Rs 4051. Gain of FDC is engaged in manufactur-
year for traders where we can expect some good returns specially in seg- tinued to report steady results.
27% from this mid cap stock has big ing and marketing of Oral Rehydra-
ment of Mid and Small cap. There is a possibility of value-un-
meaning considering that BSE tion Salts (ORS) and Ophthalmics.
For New year resolution plan - I recommend traders to adopt following locking but in long term only. It has
Midcap index lost 4.05% during this It is a fully-integrated Pharmaceuti-
things to become successful in market. presence in NBFC, Health Insur-
period. cal Company, with US-FDA and UK-
A) Decide your profile, Who you are? Trader or Investor. ance, Life Insurance, Housing Fi-
Throughout the year BSE MHRA approved API and formula-
B) Create trading Rules and sticky fallow them. nance, AMC, ARC etc. For the first
C) Don’t trade with emotion, Profit or Loss are part of game. Sensex and NSE Nifty showed tions manufacturing facilities.
half year its Revenue grew by 15%
D) Avoid over trading compare to your trading capital. steady gains. It was the fag end of Plants are located at Roha,
while Net Profit jumped 32%.
E) Do research first then after enter into stock, don’t do inverse the year Mid and Small caps joined Waluj and Sinnar in Maharashtra,
In all, it has 18 subsidiaries and
For your investment related query you can contact me on 92282 37373 the rally. Verna in Goa and Baddi in Himachal
6 Joint Ventures. The company has
Happy New Year. Going through macro or micro Pradesh. The company markets
more than 17,000 employees, na-
more than 300 products in India and
Voltas : Buy (Buy Range: 650-640) economic parameters there are tionwide reach through 850+
exports to over 50 countries.
hardly any significant signs of re- branches and more than 2,00,000
Target: 800 stop loss 560 vival. Never-the-less stock market FDC's Zifi, Electral, Enerzal,
agents / channel partners.
Allocation: 10% of trading capital works like that only; very difficult to Vitcofol, Pyrimon, Zocon, Zoxan,
For the current year we expect
I recommend buying this stock for a period of one year which is mainly predict. Zathrin, Zipod, Zefu, Cotaryl and
an EPS of Rs 6 and for next year
due to the change in the environment and the increase in people's ability The best way to beat the mar- Mycoderm are leading brands in
EPS of about Rs 8.
to spend. I think, this is the best time to collect this stock right now, maybe ket is bottoms-up approach. First their respective segments in India.
one-two months it may not give any return, but in one year this stock is
FDC Limited Rs 208 (Stop The company has strong funda-
look for the sound company perfor-
likely to show level of 800. So it is advisable to buy with stoploss of 560 mance, then the sector and last the
Loss Rs 175) mentals,
in the range of 650-600 in 3 or 4 parts economy. Following this technique Formerly known by the name (Cont. on P. No. 10)
Printed by Dilip K. Shah, Published by Dilip K. Shah, Owner by Dilip K. Shah. Printed at Allied Offset Printer Pvt. Ltd. 14/2, Kalidas Mill Compound, Gomtipur,
Ahmedabad-380021. Published from 311 to 313, Nalanda Enclave, Opp. Sudama Resorts, Pritam Nagar1st Dhal, Ellisbridge, Ahmedabad. Editor : Dilip K. Shah
 Only Financial Weekly Published in
English & Gujarati Language

Editor : Dilip K. Shah

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