💥 *TOWER TALK*
✍ The USFDA has cleared Ajanta Pharma’s Dahej facility for derma products. The company has huge expansion plans
and its Q1 results were also good. The management is very optimistic about its current working. Buy immediately.
✍ Shankara Building Products reported 48% CAGR over the last 4 years. A good buy.
✍ Despite a one-time hit of Rs.9.5 crore on account of a write-off in a JV (now called off), IG Petrochemicals reported
fantastic results for Q1 with an EPS of Rs.13. With expansions nearly on stream, an EPS of around Rs.57 can be
anticipated for FY19. Buy immediately.
✍ JK Paper, which reported good numbers for Q1, is expected to perform better in the coming times, thanks to the
plastic ban. An attractive buy.
✍ Aided by huge cash reserves, NBCC envisages to buy out two PSU consultancy firms. It has orders worth Rs.80000
crore in hand and is a good bet.
✍ Maithan Alloys has posted excellent results for Q1 with an EPS of Rs.22 (FY18 EPS: Rs.100). A good buy.
✍ ICICI Bank has started cleaning up its balance sheet. Also, with stake sale in ICICI Prudential, the bank will become
financially stronger. Buy for the long-term.
✍ JK Cement plans to raise up to Rs.500 crore through the issue of NCDs (non-convertible debentures) on a private
placement basis to fund its expansion plans. Accumulate.
✍ The results posted by Prakash Industries indicate better times ahead. The counter has witnessed strong volumes
as well. An attractive buy.
✍ Reliance Industries posted its highest quarterly PAT in Q1 at Rs.9459 crore. Buy for the long-term.
✍ The management of Vijaya Bank expects its NPA level to fall significantly by the end of this year. A positive.
✍ Sugar prices are rising on the back of higher demand from ice-cream and soft drink makers. This augurs well for
Balrampur Chini Mills.
✍ Apollo Tyres posted nearly 3x higher PAT at
Rs.252 crore for Q1, driven by robust sales across
all segments. An excellent buy.
✍ FMGC major Emami reported PAT of Rs.27 crore
for Q1 v/s just Rs.1 crore in the previous
corresponding quarter. An evergreen stock.
✍ Improving operating leverage bodes well for DMart. Buy Avenue Supermarts in spite of its
expensive valuations.
✍ Indiabull Housing Finance once again reported
an excellent quarterly performance. This stock
must find a permanent place in every portfolio.
✍ Escorts reported 93% higher PAT in Q1 at
Rs.120.7 crore. A big buy.
✍ Godrej Consumer Products reported 80% higher
PAT in Q1. A 1:2 bonus issue is another feather in
the cap. Buy for the long-term.
✍ Realty and lifestyle major Mahindra Lifespace
Developers reported 86% higher PAT for Q1. An
excellent buy.
✍ Oberoi Realty reported nearly 3x higher PAT for
Q1. With big plans underway, this stock might take
a leap in the next few months.
✍ Mahindra & Mahindra is set to hike prices across
the board for all its vehicles. This move will boost
its growth significantly as the entire industry is performing well. Buy.
✍ India’s leading aquaculture company Waterbase reported excellent results for Q1. It has completed the construction
of its Vannamei Hatchery unit (Phase I), which is likely to contribute significantly this year. Buy immediately.
✍ Rolta India’s financial restructuring of its $500 million overseas debt will impart new financial energy into the
company to undertake some ambitious projects.
✍ International Paper APPM has reported an EPS of Rs.11 for Q1 and is likely to notch an EPS of Rs.50 for FY19. A
reasonable P/E of 15x will take its share price to Rs.750 in the medium-to-long term.
✍ Hinduja Global Solutions (HGS) is expected to notch an EPS of Rs.115+ in FY19 and Rs.128 in FY20. The stock is
likely to touch Rs.1200.
✍ KSE, formerly Kerala Solvents, reported an EPS of Rs.218 for FY18 on a small equity of Rs.3.2 crore. It may notch an
EPS of Rs.260 in FY19. It is a strong bonus candidate as well. A forward P/E of 13.77x (industry P/E is 35x) will take
its share price to Rs.3900 in the medium-term.
✍ Patel Engineering reported a consolidated EPS of Rs.7 for FY18 on a small equity of Rs.15.7 crore. The stock is
poised to touch Rs.75.
✍ Jindal Poly Films is set to notch an EPS of Rs.50+ in FY19. The stock has the potential to cross Rs.500.
✍ Everest Industries has reported an EPS of Rs.19 for Q1 and is likely to notch an EPS of Rs.60 for FY19. The stock
may cross Rs.720 in the medium-to-long term.
✍ Investors are betting big on Manpasand Beverages. The stock has hit a few upper circuits of 5% in the last ten days.
With huge expansion plans underway, the stock is bound to rise further.
✍ An Ahmedabad based analyst recommends IOL Chemicals & Pharmaceuticals, India Gelatine Chemicals, Orient
Bell, Shanthi Gears, Simmonds Marshall, Super Crop Safe and Umang Dairies. From his previous
recommendations, Adani Green Energy zoomed from Rs.31.50 on 16 July 2018, to Rs.70.80 appreciating 125% in
just 3 weeks!
✍ The latest grey market premium for the HDFC AMC IPO is Rs.545-550; and CreditAccess Grameen IPO is Rs.30-32.
✍ The USFDA has cleared Ajanta Pharma’s Dahej facility for derma products. The company has huge expansion plans
and its Q1 results were also good. The management is very optimistic about its current working. Buy immediately.
✍ Shankara Building Products reported 48% CAGR over the last 4 years. A good buy.
✍ Despite a one-time hit of Rs.9.5 crore on account of a write-off in a JV (now called off), IG Petrochemicals reported
fantastic results for Q1 with an EPS of Rs.13. With expansions nearly on stream, an EPS of around Rs.57 can be
anticipated for FY19. Buy immediately.
✍ JK Paper, which reported good numbers for Q1, is expected to perform better in the coming times, thanks to the
plastic ban. An attractive buy.
✍ Aided by huge cash reserves, NBCC envisages to buy out two PSU consultancy firms. It has orders worth Rs.80000
crore in hand and is a good bet.
✍ Maithan Alloys has posted excellent results for Q1 with an EPS of Rs.22 (FY18 EPS: Rs.100). A good buy.
✍ ICICI Bank has started cleaning up its balance sheet. Also, with stake sale in ICICI Prudential, the bank will become
financially stronger. Buy for the long-term.
✍ JK Cement plans to raise up to Rs.500 crore through the issue of NCDs (non-convertible debentures) on a private
placement basis to fund its expansion plans. Accumulate.
✍ The results posted by Prakash Industries indicate better times ahead. The counter has witnessed strong volumes
as well. An attractive buy.
✍ Reliance Industries posted its highest quarterly PAT in Q1 at Rs.9459 crore. Buy for the long-term.
✍ The management of Vijaya Bank expects its NPA level to fall significantly by the end of this year. A positive.
✍ Sugar prices are rising on the back of higher demand from ice-cream and soft drink makers. This augurs well for
Balrampur Chini Mills.
✍ Apollo Tyres posted nearly 3x higher PAT at
Rs.252 crore for Q1, driven by robust sales across
all segments. An excellent buy.
✍ FMGC major Emami reported PAT of Rs.27 crore
for Q1 v/s just Rs.1 crore in the previous
corresponding quarter. An evergreen stock.
✍ Improving operating leverage bodes well for DMart. Buy Avenue Supermarts in spite of its
expensive valuations.
✍ Indiabull Housing Finance once again reported
an excellent quarterly performance. This stock
must find a permanent place in every portfolio.
✍ Escorts reported 93% higher PAT in Q1 at
Rs.120.7 crore. A big buy.
✍ Godrej Consumer Products reported 80% higher
PAT in Q1. A 1:2 bonus issue is another feather in
the cap. Buy for the long-term.
✍ Realty and lifestyle major Mahindra Lifespace
Developers reported 86% higher PAT for Q1. An
excellent buy.
✍ Oberoi Realty reported nearly 3x higher PAT for
Q1. With big plans underway, this stock might take
a leap in the next few months.
✍ Mahindra & Mahindra is set to hike prices across
the board for all its vehicles. This move will boost
its growth significantly as the entire industry is performing well. Buy.
✍ India’s leading aquaculture company Waterbase reported excellent results for Q1. It has completed the construction
of its Vannamei Hatchery unit (Phase I), which is likely to contribute significantly this year. Buy immediately.
✍ Rolta India’s financial restructuring of its $500 million overseas debt will impart new financial energy into the
company to undertake some ambitious projects.
✍ International Paper APPM has reported an EPS of Rs.11 for Q1 and is likely to notch an EPS of Rs.50 for FY19. A
reasonable P/E of 15x will take its share price to Rs.750 in the medium-to-long term.
✍ Hinduja Global Solutions (HGS) is expected to notch an EPS of Rs.115+ in FY19 and Rs.128 in FY20. The stock is
likely to touch Rs.1200.
✍ KSE, formerly Kerala Solvents, reported an EPS of Rs.218 for FY18 on a small equity of Rs.3.2 crore. It may notch an
EPS of Rs.260 in FY19. It is a strong bonus candidate as well. A forward P/E of 13.77x (industry P/E is 35x) will take
its share price to Rs.3900 in the medium-term.
✍ Patel Engineering reported a consolidated EPS of Rs.7 for FY18 on a small equity of Rs.15.7 crore. The stock is
poised to touch Rs.75.
✍ Jindal Poly Films is set to notch an EPS of Rs.50+ in FY19. The stock has the potential to cross Rs.500.
✍ Everest Industries has reported an EPS of Rs.19 for Q1 and is likely to notch an EPS of Rs.60 for FY19. The stock
may cross Rs.720 in the medium-to-long term.
✍ Investors are betting big on Manpasand Beverages. The stock has hit a few upper circuits of 5% in the last ten days.
With huge expansion plans underway, the stock is bound to rise further.
✍ An Ahmedabad based analyst recommends IOL Chemicals & Pharmaceuticals, India Gelatine Chemicals, Orient
Bell, Shanthi Gears, Simmonds Marshall, Super Crop Safe and Umang Dairies. From his previous
recommendations, Adani Green Energy zoomed from Rs.31.50 on 16 July 2018, to Rs.70.80 appreciating 125% in
just 3 weeks!
✍ The latest grey market premium for the HDFC AMC IPO is Rs.545-550; and CreditAccess Grameen IPO is Rs.30-32.
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