🏦 *TOWER TALK* 🏦
_July 30 - August 05, 2018_
1. ⚗ *UPL (United Phosphorus Ltd.)* is set to acquire Arysta Life Science for $4.2 billion in an all cash deal. This deal will make UPL the 5th largest crop protection company in the world. An excellent BUY.
2. 💡 *Rural Electrification Corporation* and Power Finance Corporation intend to raise ₹70000 crore and ₹65000 crore respectively via private placement of NCDs and/or bonds to meet their long-term expansion plans. Both the Navratna companies merit a BUY.
3. 🔌 *Rajratan Global Wire* posted excellent Q1 results with a big jump in revenue and an EPS of ₹19 v/s ₹8 in the previous corresponding quarter. Seems like a good BUY.
4. ⛓ *Hindalco Industries* is set to buy US based Aleris Corporation for $2.6 billion. An excellent BUY.
5. 🖥 *Wipro* posted 2% higher PAT for Q1 on the back of a revival in its USA business and the management is optimistic about the next few quarters. BUY.
6. 🏍 *Bajaj Auto* reported a 21% rise in PAT for Q1. Although it fell short of market expectations, the stock remains a good BUY.
7. 💰 *Housing Development Finance Corporation* plans to raise ₹35000 crore via bonds/NCDs and another $1.5 billion through ECBs to funds its business growth. A good long-term BUY.
8. 🏭 *Havells India* reported impressive numbers for Q1 with PAT of ₹210 crore v/s ₹121 crore in the previous corresponding quarter. Its future working is expected to be equally good. BUY for the long-term.
9. 🕳 *Ceat* posted 4% higher PAT of ₹71 crore in Q1. The effect of Chinese dumping seems to be waning. The stock may slowly recover its lost ground.
10. 💰 *L&T Finance Holdings* reported 71% higher PAT for Q1 aided by higher margins and lower cost of funds. An excellent long-term BUY.
11. ⚙ *Menon Bearings* posted 58% higher PAT for Q1 on 47% higher turnover. This small-cap merits a BUY for the long-term.
12. ⚗ *Atul* reported excellent results for Q1 on standalone basis with 30% higher sales and 4x higher PAT. An excellent share to ACCUMULATE.
13. 🏍 *Bajaj Auto* is eyeing a 20% share in the motorbike segment and with the African markets also showing strength, this stock must be added to your portfolio.
14. 🍾 *Radico Khaitan* reported excellent results for Q1 with 84% higher PAT on 53% higher revenue. An excellent BUY.
15. ⚗ *NOCIL* posted PAT of ₹50.80 crore for Q1 v/s ₹34.62 crore in the previous corresponding quarter. Consequently, EPS jumped from ₹2 to ₹3. In all likelihood, its working for the rest of the year will also be excellent. BUY.
16. 💊 *Glaxosmithkline Pharmaceuticals* reported a significant jump in PAT from ₹26.42 crore to ₹89 crore in Q1FY19. A 1:1 bonus backed by excellent working merits a BUY.
17. 🏭 *Asian Paints* beat street expectations by reporting 31% higher PAT. The double-digit volume growth in the decorative paint business augurs well for its future. A compelling BUY.
18. 📽 *Inox Leisure* reported a 15% jump in Q1 PAT. It operates 128 multiplexes and 512 screens across 64+ cities. BUY.
19. 💻 *Tata Elxsi* presented another quarter of excellent results with 41% higher PAT for Q1. Its share price can rise further.
20. 💸 *Yes Bank* once again reported good results with 30% higher PAT. Its CASA ratio is also improving and NPAs are coming down. ACCUMULATE in small lots.
21. ⚗ *Bayer Cropscience* posted PAT of ₹147 crore for Q1 on the back of higher spends by farmers on crop protection. BUY for the long-term.
22. 🏭 *GSFC* and *GNFC* have not participated in the relief rally. The working of both the companies remains intact and there is a big scope for expansion. BUY immediately.
👁🗨 An Ahmedabad based analyst recommends *AMJ Land Holdings*, *Cords Cable Industries*, *IOL Chemicals & Pharmaceuticals* and *Pix Transmission*. From his previous recommendations, *Adani Green Energy* appreciated 79% from ₹31.50 to ₹56.30 in just 2 weeks while *Damodar Industries* appreciated 9% from ₹102.70 to ₹112 in just 1 week!
📣 The latest grey market premium for the IPOs of *HDFC AMC* and *TCNS Clothing Co.* is ₹525-535 and ₹31-34, respectively.
_July 30 - August 05, 2018_
1. ⚗ *UPL (United Phosphorus Ltd.)* is set to acquire Arysta Life Science for $4.2 billion in an all cash deal. This deal will make UPL the 5th largest crop protection company in the world. An excellent BUY.
2. 💡 *Rural Electrification Corporation* and Power Finance Corporation intend to raise ₹70000 crore and ₹65000 crore respectively via private placement of NCDs and/or bonds to meet their long-term expansion plans. Both the Navratna companies merit a BUY.
3. 🔌 *Rajratan Global Wire* posted excellent Q1 results with a big jump in revenue and an EPS of ₹19 v/s ₹8 in the previous corresponding quarter. Seems like a good BUY.
4. ⛓ *Hindalco Industries* is set to buy US based Aleris Corporation for $2.6 billion. An excellent BUY.
5. 🖥 *Wipro* posted 2% higher PAT for Q1 on the back of a revival in its USA business and the management is optimistic about the next few quarters. BUY.
6. 🏍 *Bajaj Auto* reported a 21% rise in PAT for Q1. Although it fell short of market expectations, the stock remains a good BUY.
7. 💰 *Housing Development Finance Corporation* plans to raise ₹35000 crore via bonds/NCDs and another $1.5 billion through ECBs to funds its business growth. A good long-term BUY.
8. 🏭 *Havells India* reported impressive numbers for Q1 with PAT of ₹210 crore v/s ₹121 crore in the previous corresponding quarter. Its future working is expected to be equally good. BUY for the long-term.
9. 🕳 *Ceat* posted 4% higher PAT of ₹71 crore in Q1. The effect of Chinese dumping seems to be waning. The stock may slowly recover its lost ground.
10. 💰 *L&T Finance Holdings* reported 71% higher PAT for Q1 aided by higher margins and lower cost of funds. An excellent long-term BUY.
11. ⚙ *Menon Bearings* posted 58% higher PAT for Q1 on 47% higher turnover. This small-cap merits a BUY for the long-term.
12. ⚗ *Atul* reported excellent results for Q1 on standalone basis with 30% higher sales and 4x higher PAT. An excellent share to ACCUMULATE.
13. 🏍 *Bajaj Auto* is eyeing a 20% share in the motorbike segment and with the African markets also showing strength, this stock must be added to your portfolio.
14. 🍾 *Radico Khaitan* reported excellent results for Q1 with 84% higher PAT on 53% higher revenue. An excellent BUY.
15. ⚗ *NOCIL* posted PAT of ₹50.80 crore for Q1 v/s ₹34.62 crore in the previous corresponding quarter. Consequently, EPS jumped from ₹2 to ₹3. In all likelihood, its working for the rest of the year will also be excellent. BUY.
16. 💊 *Glaxosmithkline Pharmaceuticals* reported a significant jump in PAT from ₹26.42 crore to ₹89 crore in Q1FY19. A 1:1 bonus backed by excellent working merits a BUY.
17. 🏭 *Asian Paints* beat street expectations by reporting 31% higher PAT. The double-digit volume growth in the decorative paint business augurs well for its future. A compelling BUY.
18. 📽 *Inox Leisure* reported a 15% jump in Q1 PAT. It operates 128 multiplexes and 512 screens across 64+ cities. BUY.
19. 💻 *Tata Elxsi* presented another quarter of excellent results with 41% higher PAT for Q1. Its share price can rise further.
20. 💸 *Yes Bank* once again reported good results with 30% higher PAT. Its CASA ratio is also improving and NPAs are coming down. ACCUMULATE in small lots.
21. ⚗ *Bayer Cropscience* posted PAT of ₹147 crore for Q1 on the back of higher spends by farmers on crop protection. BUY for the long-term.
22. 🏭 *GSFC* and *GNFC* have not participated in the relief rally. The working of both the companies remains intact and there is a big scope for expansion. BUY immediately.
👁🗨 An Ahmedabad based analyst recommends *AMJ Land Holdings*, *Cords Cable Industries*, *IOL Chemicals & Pharmaceuticals* and *Pix Transmission*. From his previous recommendations, *Adani Green Energy* appreciated 79% from ₹31.50 to ₹56.30 in just 2 weeks while *Damodar Industries* appreciated 9% from ₹102.70 to ₹112 in just 1 week!
📣 The latest grey market premium for the IPOs of *HDFC AMC* and *TCNS Clothing Co.* is ₹525-535 and ₹31-34, respectively.
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