Vikas Ecotech hits target of 32. Revised Target 40. 6 months. Sl 27.5.
Stock is technically overbought. However any dips towards 29 can be bought into.
Current momentum in the stock to help the stock rally towards target price in less than 6 to 8 weeks.
Reference call:
Vikas Ecotech & our Priority Pick hits upper circuit on the day of recommendation.
Bhansali Engg above our target price of 175. We maintain fair price at 192.
Stock is trading close to upper circuit for last few days.
Stock is trading at 32 times current quarter annualized EPS of 6 = 192.
If the stock can post Next quarterly annualized EPS of 8 then the target shall be 256.
It is worrisome that the stock is trading at 15 times book and EV/EBITA at 28.
Avoid Fresh buying. You can keep offloading 5-10% of shares every upper circuit.
Continue holding for a target of 256 in 3 months. SL 150. Add on dips towards 170 if any.
Earlier call:
Bhansali Hits target price of 142. Continue holding. Revised Target 175.
Decent Numbers from Mold-Tec Packaging CMP 309. Target 380. SL 270.
Add in the range 290-305 if any dips is available.
Earlier we had recommended Mold-tec Packaging for a target of 350 at 296 and the target was hit. Stock is correcting and is trading at 309 now. We recommend to add few more share for a revised target of 380. 3 months.
Earlier call:
Decent Numbers from Mold-Tec Packaging. Share price 296. Target 350. SL 260
Update on Kiri Ind post results. Revised Target 650.
Decent Numbers from Kiri Ind. Revised Target 650. CMP 550.
Add in the range of 500-550. Target 650. SL 480. 3 months.
Reference call:
Kiri Ind up 13%. Hits target of 600. Continue holding Revised Target 750.
Eveready above our target price. Book 50% profits. Add on dips towards 400. CMP 420.
Revised Target 520. SL 360. Stock is technically overbought. stock likely to correct towards 390-410 in short term.
Reference call:
Decent numbers (QvQ) from Eveready. Add in the range 290-300. Target 360.
Target hit. Hold Srikalahasti Pipes at 420. Target 485. SL 380. Add on dips towards 400 (if any) for better risk reward ratio.
We had recommended the stock at 300-315. for a target of 430. Stock has given a strong break above 400 and has hit the target.
Returns: 36%.
Reference call:
Enter Srikalahasthi Pipes at 300-315. Target 430. SL 285. 3 months.
Update on Sanwaria Agro. Stock shall be in the range of our fair price: 23 until next quarterly results.
We had earlier recommended to continue holding Sanwaria Agro for a target 29 after it was in the upper circuit for a long time. However, we had maintained our fair price of 23.
Stock shall see fresh highs post good results in the coming quarters.
Earlier call:
Sanwaria Agro on continuous upper circuit. Revised Target 29.
Gujrat Gas dips towards 840-880 as expected. To remain Range bound Between 840-920.
Investors can add on dips towards 820-840 for a fresh 52 week highs near 1000 in 9 to 12 months.
Reference call:
Target hit. Continue holding Gulf Oil Lube. CMP 980. Target 1250. 6 months.
Returns at Target price: 21%. Recommended Price 826.
Add on dips towards 930-950. Revised SL 880.
Reference call:
Decent Numbers from Gulf Oil Lube. CMP 826. Target 1000. 6 months.
Triton Values hits target. Revised Target 2400. SL 1700. Add more on dips towards 1800-1900 (if any).
CMP: 2025. Reco price: 1595. Returns 27%.
Reference call:
Decent numbers from Triton Values BSE: 505978 Price 1595. Target 1950.
Enter Kalyani Steel 360-375. Target 450. SL 340. 6 months.
Stock is bottoming out after weak quarterly numbers. Stock likely to post good quarterly results and stock can retest fresh 52 week highs in 6 to 9 months.
BSE: 500235
OCL India hits target of 1600. Hold for 2100. 6 months. SL 1400.
Current technical momentum to lift the stock towards 1750. Add on any dips towards 1500. SL 1400.
Reference call:
Decent numbers from OCL India (CMP 1210). Target 1600 intact. SL 1080.
Value & Growth Pick. Sector: Cement. Buy OCL India. (CMP:1227) Target 1600.
Stock update: BLS International bottoming out. Add closer to 240. SL 220. Stock can rally towards 280 and 320 in 3 to 6 months.
Reference call:
Decent Numbers from BLS Inter. Continue holding. Revised Target 320.
Balkrishna Ind hits target of 2200. Hold & add on dips towards 1950-2000. SL 1850. Target 2500. 6 to 9 months.
Stock is one of our top large cap must have portfolio stocks.
Short term traders and investors can book profits closer to 2200-2300. Long term investor should add stock on dips.
Reference call:
Balkrishna Ind post good numbers. Continue holding in Portfolio.
NIFTY reverses as expected. Likely to make fresh lifetime highs this week.
NIFTY had reversed after a close above 10100 and has rallied towards 10350 and is facing small resistance on the upside. Technically NIFTY has a potential to make fresh 52 week highs with support from Global market.
NIFTY likely to top closer to 10550-10600 on downside, 10280-10320 is acting as good support.
As expected RIL, TVS Motors, UPL, HPCL, Metals, PSU stocks, Autos have participated in the recovery.
We were also positive on Small cap index, Small cap is up 5% from bottom and has upside potential of another 5% technically.
Reference call:
NIFTY enters accumulation zone. Likely to reverse. Avoid Panic selling.
Bata dips towards 725-740 as expected. Stock to face short term resistance at 760 on the upside and can find support at 720 in near term and at 680-700 in long term. Positional traders can short on rally.
Long term investors can accumulate between 680-700 with a stop below 660.
Reference call:
Decent results. Book profits in Bata India. Stock likely dip towards 725-740.
Control Print Hits target of 500. Book 100% profits.
Reference call:
Decent Numbers from Control Prints. CMP 390. Target 500. SL 350. 3 months.
Decent Numbers from CESC, Price 1030. Revised target 1300. Revised SL 920.6 months.
Add closer to 1000.
Earlier call on CESC:
Nice numbers from CESC. Enter at 900-925. Target 1150. 6 months. SL 850.
Nice Numbers from Technocraft. Price 490. Buy range 450-490. Target 700. 6 months. SL 420.
Vikas Ecotech & our Priority Pick hits upper circuit on the day of recommendation.
Continue Holding Vikas Ecotech for a revised target of 32. SL 22. Current Price 26.55.
Reference call:
Strong numbers from Vikas Ecotech. Enter between 21.5-23. Target 28. SL 20.
[Priority Pick] Strong results & Cheap valuations. This stock can return 200% in 2 years.
Strong numbers from Vikas Ecotech. Enter between 21.5-23. Target 28. SL 20. 3 months.
Decent Numbers from Honda Siel. Share price 1321. Target 1550. 3 months. SL 1240.
BSE: 522064
Stock is placed at good risk to reward ratio.
[Priority Pick] Strong results & Cheap valuations. This stock can return 200% in 2 years. The stock looks cheap among its peers in terms of P/E ratio and P/B is at a fair value.
Stock has a good Profitability Ratio:
Margins% over 12%
ROCE/ROE above 13.
Debt to Equity below 1.
Stock has posted strong numbers and has an immediate upside on 50% in 3 to 6 months.
Decent Numbers & Technical Move. Add Indo count 120-125. SL 110. Target 150. 3 months.
Momentum likely to push the stock towards the target in 3-4 weeks.
Best way to start investing money in India.
The best way to invest your money is always investing by yourself in quality fundamental stocks. However, many people will not have the heart to invest all their savings in stocks considering the risk involved. In addition to Investment in stocks, to diversify your risk. We we have a very unique approach in suggesting you to start investing money. The word is income tax. I know this very word bores the hell out of you and sucks out any fun there is. But stick to this and read on, it will help you uniquely in the long run.
Now, no matter what our profession is, we earn money and we need to save and invest it wisely. We live in a country where we have to pay taxes depending on our income level. So, why don’t we invest in those products that not only helps us reduce our tax burden but also gives us returns depending on our risk appetite. The returns we get is much more than just the interest we earn on it.
So imagine you invested Rs 100000 in stocks and got 18% return on it. So, your earning before tax is Rs 18000. Short term capital gains is 15% flat rate. So, post-tax returns is 15300 (ignoring the time value of money). Similarly let us compare for a product that is tax free and if you range in 20% tax bracket. So, the moment you invest Rs 100000 in a tax savings product, you save Rs 20000 upfront and even if you get 10% return. It will be Rs 30000. Finally, if you see there is no comparison at all. First you need to appropriate money to invest in tax savings products like
1) Employer Provident Fund
2) Public Provident fund
3) Tax saving FD’s
4) ELSS tax saving mutual funds
5) Senior citizen savings scheme
6) Unit Linked Insurance Plan
7) Sukanya Samriddhi Yojna
Many of us would have exhausted our limits on 80C which is at Rs 150000. Don’t worry we still have more options available for investment. All these are investment options beyond 80C
1) Infrastructure bonds
2) New Pension Scheme
3) Rajiv Gandhi Equity Savings Scheme
This is the best and smart way to start your investments. Once you have exhausted these limits you will realize that you have invested a good proportion of your money in slightly more riskier investments like New Pension Scheme, Rajiv Gandhi Equity Savings Scheme ELSS tax saving mutual funds. One more product that I would like to introduce which is not complex is exchange traded funds (ETF).
ETF’s were introduced in the markets by National Stock Exchange of India Limited (NSE). It takes into account the benefits of trading in shares and mutual funds but removes away the disadvantages of trading in shares and mutual funds. A share unlike a mutual funds does not provide any diversification but a share can be sold at any time during the day unlike the mutual funds that can be sold only a day end price. If we remove the disadvantages and we have a product that is a mutual fund but trades like a share. This is what an ETF exactly is. In India one can trade in gold ETF, Nifty ETF, Liquid Bees, etc.
Sometimes increasing fund allotment in tax saving instruments returns better than equity oriented mutual funds during bear phase in the market.
Fraud is defined as an act or course of deception, an intentional concealment, omission, or perversion of truth, to (1) gain unlawful or unfair advantage, (2) induce another to part with some valuable item or surrender a legal right, or (3) inflict injury in some manner. Fraud is an offense which is criminal in nature and calls for severe penalties.
Securities fraud can be understood by which a person or a stockbroker or listed company or its directors or an investment bank, misrepresents critical information which help investors make decisions to buy or sell the share. There are many types of misrepresentation like providing false information, withholding key information, offering bad advice, offering insider information, etc.
Thera are mainly three reasons why securities fraud happen. One is Human greed. “Greed” means “intense and selfish desire for something, especially wealth, power, or food”. Greed can be categorised as greed to make more money and greed to keep it. Because of this human greed people try to gain wealth by an intentional and unfair conduct which is prohibited by law. This greed to earn more money or to become rich overnight is what drives people to commit the fraud.
The other reason is the quality of being too clever and finding loop holes in the system to exploit and make profits. We as humans, try to be too clever sometimes and in search for more profits try to bend the rules. We start looking at the rules designed by the regulators not from the spirit of having a fair, transparent and true securities market but from a critical angle of exploitation. To understand better, if you read some orders of SAT (Securities Appellate Tribunal) you will find that the company has not clearly violated any rules but their conduct does not show that they followed the rules in a true spirit with which it was intended by the regulators.
One more reason we can attribute is the low values. Values can be understood as the criteria people use in understanding lives like arranging their priorities, measuring them, various pleasures and pains, and also choosing between alternatives. Moral values can be understood as principles that a person follows to distinguish the right from the wrong. These principals are considered while understanding the character of an individual. Moral Value generally refer to good virtues such as honesty, integrity, truthfulness, love, respectfulness, hard-work, etc. Social values form a vital part of the culture of a society. Social values and norms explain the way in which social processes operates in a society. Social values are the sources of patterned interaction.
The securities market is a wide open ocean and still developing with new products and services coming in. As we know there are many more people applying their brains to by-pass the law rather than to strengthen and adhere to the law. That is the precise reason why we have more very intelligent unethical hackers rather than the ethical hackers. Since, the market is large, complex and has so many participants with different mind sets, it paves the way for more and more types of fraud. Following are the types of fraud and the list is only inclusive and not restrictive.
| Micro cap fraud | Dabba Trading |
| Dummy Corporations | Boiler rooms |
| Synchronized trades | IPO related manipulation |
| Microcap Fraud | Order book manipulation |
| Circular trading | False corporate announcement |
| Insider Trading | Misleading Stock Recommendations |
| Accountant Fraud | Front Running |
Now that we have learnt what is fraud, we have also understood what is securities fraud, why do people do fraud, the reason behind fraud and the types of fraud that people do in the securities market, we are better prepared to keep ourselves and our money safe from the fraudsters with low or no moral and social values.
Decent Numbers from Aarti Ind CMP 894. Target 1200. 6 months. SL 820.
Decent Numbers. Enter Havells at 500. Target 600. SL 475. 6 months.
Book Profits in VIP Industries. Target of 320 was hit yesterday. Add on dips towards 250-260.
We have recommended VIP Industries at 190. Stock has rallied towards our 2nd target of 320. Stock is technically overbought stock can dip towards 285 and further towards 250-260 on market weakness.
results were good YoY, but on QoQ we expect a short term correction.
We have a target of 420 in 12 to 18 months. It is really good to add stock on dips towards 250-260 if any.
Stock has not shown any technical weakness on the upside. If the stock struggles to close above 320, we recommend to book profits.
Reference call:
VIP Industries up 25% from Reco Price. Revised Target 320. Share price 240.
Decent results. Book profits in Bata India. Stock likely dip towards 725-740.
earlier call on Bata:
Nice numbers from Bata (CMP 585). Revised target 770. SL 535. 6 months.
Bata India up 24% from Recommended Price. Hold for revised target of 840.
NIFTY is in bottoming out technically between 10150 and 10300. NIFTY is likely to move with support of Global Markets towards 10600-10750 in 2 to 3 months. Have a stoploss of 10100. It is time to accumulate stocks.
Flat revenue and Strong Margins from Thirumalai Chemicals. Revised Target 2750. 3 months.
Stock is rallying stronger, we will be happy to accumulate the stock on even 10% dips from Current price.
Stock Price 2100. Stock has recently hit our target of 2250 and is consolidating. We expect the stock to move towards 2750 and will be happy to buy any dips towards 1900. SL 1750. Stock can move towards 3200 and 3500 in a year.
Reference call:
Thirumalai Chemicals hits target of 1800. Continue holding. Target: 2250.
[Priority Exclusive] Stock call update post results.
Stock Pick: Enter Allcargo Logistics. Share to retest earlier 52 week high in 3 to 6 months.
Share price: 169. Buy Range 158-170. SL 150. Target 209. 24% upside seen.
Decent numbers and Risk to Reward ratio is good technically makes it a comfortable buy.
Decent Numbers from BLS Inter. Continue holding. Revised Target 320. 3 months.
Stock Price 260. Add some on dips towards 245. SL 220.
Reference call:
Stunning Numbers & Margins from BLS Inter. CMP 235. Target 340. 6 months.
[Priority Stock Update] Flat QvQ numbers with Better margins. 30% upside seen in 3 months.
Decent Numbers from Pidilite. Share price 790. Target 940. SL 710.
Decent Numbers from Meghmani Organics. Confirming to our earlier target price.
Buy Range 108-115. Target 154. SL 100.
Earlier call:
Update: Meghmani Organics. Revised Target 154. SL 100. Add on dips.
Decent Numbers from Petronet LNG (CMP 260). Target 320. SL 240. 6 months.
Stock is rightly placed in the technical charts with good risk reward ratio.
Balkrishna Ind post good numbers. Continue holding in Portfolio.
Last Quarter Balkrishna Ind had posted flat results. We had recommended to buy in dips towards 1475 for a target of 1750. Stock has hit target last week and has given a breakout above 1750.
Results being good, Fair price is now at 1850. I would recommend to continue holding Balkrishna Ind in your large cap portfolio. Stock can move towards 2100-2200 in 6 to 9 months.
Stock is currently above 1750. Target 2100. 6 months. Add on dips towards 1680-1700. SL 1600.
Reference call:
Flat numbers (QvQ) from Balkrishna Industries (CMP 1590). Add to watchlist.
[Priority Update] Stock update on Priority Pick.
Enter NMDC Share price 134. Target 175. SL 120. 3 months.
Value pick. Iron ore prices soar. Stock can easily give 5-10% in 2-3 weeks.
[Priority Oil & Gas Pick] With Crude above $60. It may rally towards $75.
This stock is really cheap and safe bet for short term.
Dismal Numbers from Gujarat Gas. Book profits. 20% returns.
We had recommended Gujarat Gas at 795 for a target of 1000. Stock is near 960. We recommend to book profits with 20% returns. Stock can dip towards 840-880.
Reference call:
Decent Numbers from Gujrat Gas (CMP 796). Target 1000. SL 730. 6 months.
Decent Numbers from Gulf Oil Lube. CMP 826. Target 1000. 6 months.
We maintain our target of 1000. Results was good. SL 740.
Stock can see good momentum in coming 2-3 months.
Cons: Price to book is above 10. It might not affect the short term target.
Earlier call on Gulf Oil Lube:
http://www.moneycontrol.com/financials/gulfoillubricantsindia/results/quarterly-results/GOL01#GOL01
Decent Numbers from Swaraj Engines. CMP 1990. Target 2400. 3 months. SL 1780.
Decent Numbers. Lumax Ind. BSE: 517206 Price 1755. Target 2250. SL 1450. Add more on dips towards 1610-1650.
Flat Numbers from Sundram Fastners. Target 580 intact. Hold.
Below 500, the stock could technically correct towards 460-480. At 460-480, stock will be at a good place to buy the stock with SL of 440.
Sundram Fasteners near our target of 510. Hold for 580. Add fresh on dips.
Dismal results. Exit Trident CMP 96. Stock may slip to 80-82.
We had recommended buy in Trident at 80-82 for a target of 105. We are not recommended to completely book profits.
Reference call:
Continue Holding Trident. Share price 99. Revised SL 92. Revised Target 120
Update: Meghmani Organics. Revised Target 154. SL 100. Add on dips. Price 122.
Stock is trading closer to 24x current quarterly annualized EPS. We upgrade our target to 30x current quarterly annualized EPS to 154. Add fresh on dips towards 110-112 Have a SL at 100.
Caution: Quarterly results can impact target price on the upside and downside.
Since the quarterly results is nearing, some profits can be booked closer to 130 and can wait for the result.
Reference call:
Meghmani Organics hits target of 100. Continue holding for 125. SL 85.
Sanwaria Agro on continuous upper circuit. Revised Target 29. Stock has more than 12 lacs share in the Bid with no offers in NSE. Share is trading at 22x. We are revising our target to 29 at 25x current quarterly Annualized EPS.
We would recommend to hold the stock until Technical weakness, Seems like the performance of the stock is likely to sustain going forward. Stock likely to post good quarterly results in the coming quarters. Looks like NHI are accumulating the stock.
We would maintain our fair price at Rs. 23 for the current Quarter.
We had recommended the stock at 13.9 before bonus issue (6.9 after adjusting bonus).
Stock is up 279% from recommended price.
Reference call:
Sanwaria Agro above target price of 21. Hold for Revised target of 25.
Flat Numbers from Himadri Chemicals. Book Profits below 162. 100% returns. Stock Price 165. Recommended at 84 and to add on dips.
Numbers are Flat. Stock is trading at 35x Current Quarter Annualized EPS. While the Industrial PE is said to be near 50.
We see a technical dip for the Nifty and the stock, so book profits below 165. Stock can range between 150-180 for a while. Buy closer to 150 and exit on rally towards 180 for short term gains. Have 140 as stoploss. Above 180, Stock can rally towards 220 and 250.
Reference call:
Himadri Chemicals hits target of 145. Add fresh on dips towards 130-135.
Himadri Chemicals share price near target. Continue holding. 145 in sight.
Stunning numbers from Himadri Chemicals (CMP 84). Target 120. SL 72.
Target hit. Hold KNR Construction. Revised Target 345. 6 months. Price: 272. SL 235.
Fresh buy range 250-260.
Reference call:
Strong performance from KNR Construction (CMP 220). Target 280. 6 months.
Large cap Stock SIP ideas for retail investors. [November 2017]
SIP Rs. 2000 a month
SIP Rs. 5000 a month
SIP Rs. 10,000 a month
SAIL above our target price of 75. continue holding. Revised Target 96. 3 months. SL 68.
Call is technical. Anyone looking to enter a short term trade in Steel may consider entering Jindal Steel for better Risk Reward Ratio.
Reference call:
Nice move from SAIL above 60. Buy for a target of 75. SL 55. 6 months.
