why buy Forbes
Buy Forbes Company cmp 550 Co holds 48 acre land at SION swadeshi mill which they won in the battle with TATA. On the one hand Shapoorji is holding Rs 2.88 lac crs TATA SONS shares and on the other hand they may self-develop this land. Bombay Dyeing sold 22 acre land at DADAR to SUMITOMO JAPAN for Rs 5200 crs and this is only landmark trigger for valuing the SION land of Forbes. Thus the 48 acre land is estimated not less than Rs 10000 crs. Forbes can easily raise funds for... Read More
Posted On Apr-24,2024 / Categories : Reliable Insight
Resonance Note Target 254
Resonance Specialty Ltd Rs 126 Eq Rs 11.54 Revenue Rs 66 crs Ibitda Rs 8.44 crs PAT Rs 5 crs Ibitda margin 13% Ipca Gr company Face Value Rs 10 EPS Rs 4.37 PE 28 Book Value Rs 44 Price to book 2.86 sector Nutraceutical Market cap 148 crs and Dividend yield .78% ROCE 14% About the company Resonance is one of the largest manufacturers of Lutidines in the world. 3,5-Lutidine is used as an intermediate in the Pharmaceutical and Agrochemical industry. It may be used for... Read More
Posted On Apr-23,2024 / Categories : Reliable Insight
SAIL delivery volume in NSE from 1st Feb till date is 121 cr shares
... Read More
Posted On Apr-23,2024 / Categories : Reliable Insight
Hitech Corporation - Must in portfolio
Buy HITECH Corporation Rs 230 Eq 17 crs Revenue 600 crs Promoter Asian Paint Face Value Rs 10 BV Rs 148 Stock available at just 1.5 BV and cmp 230 is just way below 52 week high of 309. At compelling PE of 16 this co where promoters hold 75% is a great buy. Market cap just Rs 300 odd crs Gross bloc Rs 400 crs and Debt just Rs 59 crs IBITDA margin 14% and ROCE 15% About the co The Hitech group was founded by Mr. Ashwin Dani in 1991, currently catering to over 2000 customers through 1000+... Read More
Posted On Apr-22,2024 / Categories : Reliable Insight
Delivery volume in ASHNOOR Textiles post trade to trade
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Posted On Apr-18,2024 / Categories : Reliable Insight
Triggers for Ashnoor buying
Ashnoor Textiles Rs 73 Eq 12.74 crs face value Rs 10 market cap s 68 crs BV 48 Price to book 1.16 compelling revenue Rs 176 crs Market cap to Revenue ratio .38 compelling Debt Rs 44 crs reduced by Rs 26 crs Operating margins 17% Gross bloc Rs 90 crs promoters holding 75% cash in books Rs 15 crs About Company Ashnoor is the leading exporter of terry towels to the US. Established in 1993 with a vision to ensure 100% customer satisfaction and quality control. Company... Read More
Posted On Apr-18,2024 / Categories : Reliable Insight
HAL to sign contract for 97 Tejas fighter jets
Hindustan Aeronautics has clarified to NSE and BSE that only the Request for Proposal (RFP) has been issued to HAL in April 2024 for 97 Tejas Fighter Jets from the Defence Ministry, while the contract is yet to be signed. Further, the notification informed that Acceptance of Necessity (AON) was accorded by Defence Acquisition Council (DAC) in November 2023 for procurement of LCA Tejas MK1A aircraft from HAL, which was informed to the Stock Exchanges on November 30, 2023. Stocks to... Read More
Posted On Apr-17,2024 / Categories : Reliable Insight
Government has no plans to monetise its stake in Vodafone: Pandey
The government has no plans to monetise its stake in Vodafone Idea, Tuhin Kanta Pandey, secretary, department of investment and public asset management told Fe, ahead of the mega follow-on public offer (FPO) by the telecom operator. The telco is hitting the market with an Rs 18,000 crore equity offering on Thursday — the share sale will open on April 18 (for anchor investors on April 16) and close on April 22 — to mobilise funds, which will help it in increasing its... Read More
Posted On Apr-17,2024 / Categories : Reliable Insight
Zee F and O exit
According to the Moneycontrol report, the NSE, in its circular, said that Zee has been excluded from futures and options contracts based on "SEBI Circular Ref. No: SEBI/HO/MRD2/PoD-2/CIR/P/2023/171 dated October 16, 2023 and chapter 3.5 of Exchange circular No. NSE/FAOP/57264 dated June 23, 2023 regarding eligibility criteria of stocks. Accordingly, no contracts shall be available for trading in the above-mentioned security with effect from June 28 2024". Try to convert Zee F and O... Read More
Posted On Apr-17,2024 / Categories : Reliable Insight
Den Network Presentation
PFA
Posted On Apr-17,2024 / Categories : Reliable Insight
Opinion Poll
NEWSX Final Opinion Poll - MODI+ : 383, I.N.D.I.A : 109 Punjab - BJP : 4, INC : 5, AAP : 2, SAD : 2 West Bengal - BJP : 22, TMC : 19, INC : 1 Odisha - BJP : 14, BJD : 7, INC : 0 Tamilnadu - BJP : 4, DMK : 22, INC : 6, AIADMK : 3 Puducherry - BJP : 1, INC : 0 UP - BJP+ : 77, INC : 0, SP : 3 Bihar - BJP+ : 34, MGB : 5 Telangana - BJP : 5, INC : 8, BRS : 3 Andhra - BJP+ : 18, YSRC : 7 Karnataka - BJP+ : 24, INC : 4 Kerala - BJP : 2, INC+ : 14, LEFT: 4 Gujarat - BJP : 26, INC :... Read More
Posted On Apr-17,2024 / Categories : Reliable Insight
Avoid Vodafone FPO
Vodafone equity is 5000 cr shares which will go up by another 2000 cr shares to reach 7000 cr shares. Shareholders are 37 lac. Business model is not worth appreciating considering the fact the Co will always short of funds for 5 G and 6 G technology. This share is highly speculative hence one can enter with high risk for 20 30% kind of returns. But on fundamentals my call is avoid as you have hundred better options in the same penny category where you can earn 100% return also. Govt will never... Read More
Posted On Apr-16,2024 / Categories : Reliable Insight
Mauritius Clarification No Impact
Mauritius and India has signed an amendment to the existing tax treaty: On 13 March 2024, officials from India and Mauritius signed an amending protocol to the 1982 income and capital tax treaty between the two countries. The protocol is the second to amend the treaty and will enter into force after the ratification instruments are exchanged. Under this new framework, countries are required to include both a limitation-on-benefits (LOB) rule and a principal-purpose test (PPT)... Read More
Posted On Apr-12,2024 / Categories : Reliable Insight
SAIL short term chart also suggest Rs 288
Posted On Apr-09,2024 / Categories : Reliable Insight
SAIL chart indicate long term target of Rs 2000
#SAIL - CMP 150.5 Where can this breakout go? This Wave 3 can extend to 700-800 while the Wave 5 can take it to 1800-2000... Read More
Posted On Apr-09,2024 / Categories : Reliable Insight
Ge power will get 5 bn $ contract
The Mega US$5 Billion Batoka Hydropower Construction Contract to be Retendered In a recent turn of events, the Batoka Hydropower construction contract will be retendered and new bidders selected. The Zambian and Zimbabwean governments are retendering the US$5 billion hydropower plant contract after having previously awarded it. The construction contract had been awarded to General Electric and Power Construction Corp of China earlier. The officials involved are expected to select new bidders... Read More
Posted On Apr-04,2024 / Categories : Reliable Insight
Vakrangee Report at Rs 5900
You can purchase VAKRAGEE report for just Rs 5900 including GST. For payment call land line seek payment advise. ... Read More
Posted On Apr-03,2024 / Categories : Reliable Insight
GTV Engg : Sector wise Updated Note
GTV engineering Rs 460 Eq 3.1 crs Reserves Rs 28 crs B V Rs 104 Price to book 4.4 Revenue Rs 104 crs TTM Operating Profit Rs 8.81crs ( TTM EPS Rs 28 PE 16 Sector ENGG, HYDRO POWER and FMCG Market cap 143 crs About the co GTV is a multi-diversified group with business interests in heavy engineering, hydro power generation and flour milling business From a small fabrication workshop in 1991, GTV has come a long way in being one of the key supplier of heavy engineering goods to... Read More
Posted On Mar-30,2024 / Categories : Reliable Insight
Call Put manipulations
PUT CALL March - 21600.00 10658350 227300 March -... Read More
Posted On Mar-21,2024 / Categories : Reliable Insight
why we like D H India
Company Name Price % Chg MCap(Cr) TTM PE P/B ROE(%) 1 Yr Perform(%) Net Profit(Rs.) Net Sales(Rs.) Debt to Equity D & H India 95.60 1.92 78.28 25.43 2.05 11.19 59.60 4 138 0.56 Esab India 4,993.00 2.81 7,685.73 47.86 29.53 52.13 41.16 135 1,090 0.00 Ador Welding 1,365.95 1.48 1,857.48 27.70 5.74 18.32 60.79 59 776 0.05 De Nora India 1,460.00 3.41 775.06 30.20 7.62 19.94 63.59 20 73 0.00 Ador... Read More
Posted On Mar-21,2024 / Categories : Reliable Insight
DH India Rating report
Must BUY DH India
Posted On Mar-20,2024 / Categories : Reliable Insight
List of stocks which We believe can be bought
WHAT to buy when markets are bad. From April markets will test rally again. We expect Nifty to cross 24000. We also feel maximum buying will come again in small caps as retails believe only in small caps. Current cash is maximum with small cap funds. AIF conversion happening in small cap funds. PMS flows also rising which are dedicated to small caps. HDFC Bank SAIL BHEL BPCL LTHF MNM FIN TATA Power TATA POWERS TATA Communications Engineers India RDB... Read More
Posted On Mar-12,2024 / Categories : Reliable Insight
Tata Sons' net debt burden at eight-year low as cash reserves swell
Tata Sons Private Limited, the holding company of the Tata group, witnessed a precipitous drop in its net debt to Rs 5,656 crore in the 10 months ended January this year, as its cash reserves burgeoned to Rs 9,516 crore during this period. Eight years ago, in 2015-16, Tata Sons reported a net debt of Rs 5,132 crore; from March 2017 until March 2023, this figure was above the Rs 14,700 mark, peaking at Rs 27,437 crore at the end of March 2019, according to data sourced from... Read More
Posted On Mar-09,2024 / Categories : Reliable Insight
Why buy Engineers India
EIL’s order book is close to about Rs 8,000 crore as of now in the current financial year, said Vartika Shukla, Chairman and Managing Director. The company is looking to make forays into the green hydrogen and green ammonia space too. Company is working towards getting petrochemical projects as the industry is making significant growth in the petchem sector. Co is one of the leading consultants all over the world which has implemented large sized cracker complexes. So they have strength... Read More
Posted On Mar-06,2024 / Categories : Reliable Insight
Updated note on RDB Rasayan Target Rs 700
Rdb Rasayan Ltd Rs 160 Re iterate BUY call We have visited the plant of Rdb Rasayan Ltd. They are one of the leading manufacturer, supplier, importer and exporter of Quality Jumbo Bag, Bulk Container Liner, Woven Sack Bag, Textile Fabric and many more. These woven sack bags are carbon coated and exclusive. The size of bags is 500 to 2000 kg which is only for industrial packing and is in continuous demand. These Jumbo Bags Products are from 500 kg... Read More
Posted On Mar-04,2024 / Categories : Reliable Insight
KPT Compelling Buy to export announcement
KPT industries Ltd Rs 600 Equity Rs 1.7 Crs, FV 5 Book Value Rs 144 Market cap 177 Crs, Price to book 3.55 Revenue 150 Operating Profit Rs 20 crs FY23 Profit 8.5 crs; Half yearly operating profit FY24 at 11.26 crs, Promoter holding 48.22, ROCE 22.5% EPS Rs 25 PE 20.4 Industry PE 35 Dividend 30% About Company Kpt Ltd is formerly known as Kulkarni power tools Ltd. Companies factory is located at South western Maharashtra at Shirrol, Kolhapur. The state of art... Read More
Posted On Mar-02,2024 / Categories : Reliable Insight
Akar Auto reigniting
AKAR AUTO Rs 125 GEM AUTO ANC Co Eq Rs 5.39 crs 74% promoters free float just 24 lac shares Face Value Rs 5 B V Rs 40 Market cap Rs 130 crs Price to book is 3.15 Compelling, Revenue Rs 370 crs, consistently profit making, Gross profit Rs 26 crs Net Proft Rs 8 crs reporting EPS of Rs 7 PE of just 16 as against industry PE of 29 ( Annulised ) About the Co Akar Auto Industries Ltd, is the forward integrated enterprises of R.L. Group of Industries. Situated in Waluj... Read More
Posted On Feb-27,2024 / Categories : Reliable Insight
Archies Target Rs 140
Archies Ltd Rs 37 Book Value Rs 31 price to book 1 2 face value Rs 2 52 week high low 38 and 14 Revenue 82 crs IBITDA Rs 16.57 crsEqRs 6.76 crs Reserves Rs 98 crs Debt Rs 23 crs unsecured loans Rs 37 crs Gross bloc Rs 147 crs Interest paid Rs 5.28 crs Depreciation Rs 10.26 crs Cash profits 17.95 crs market cap Rs 123 crs About the co Archies a well-known brand in soft toys, photo frames, quotations, fashion accessories, home décor, perfumes, fashion jewellary, stationery,... Read More
Posted On Feb-27,2024 / Categories : Reliable Insight
Calcom started receiving orders in SMART meters
Why buy CALCOM at any price Eq 12.79 crs Revenue 200 crs market cap 200 crs ROCE 20% Operating margins 8.55 % EPS 5 PE 40 but massive value lies Promoters and key investors hold 80% free float 20% Robust foundation in electronics manufacturing. Operations currently span across two dynamic business sectors: LED Lighting, linchpin, and the promising horizons of EMS and BLDC Products Profile LED Lighting Smart lighting BLDC Fans _ drivers Smart Meters EV... Read More
Posted On Feb-21,2024 / Categories : Reliable Insight
Nile Ltd fresh note fresh entry
Nile Ltd Rs 1200 Equity Rs 3 crs face value 10, Market cap 285 Crs, Book value Rs 710 Price to book 1.34 . Revenue Rs 1000 crs annualized, Market cap to Sales at 0.29. Debt just 8 crs Promoter holding 50.43%. Net Profit Q2 Rs 8.22 crs Annualized EPS 110, Annulised PE 8.7, ROCE 15% About Company In 1999, it established a non-ferrous division for the secondary manufacture of lead and lead alloys from used batteries and other lead-bearing scrap. NILE LIMITED is an ISO... Read More
Posted On Feb-14,2024 / Categories : Reliable Insight