Eicher Motors - Investment View

EICHER MOTORS – INVESTMENT VIEW CMP-20200

This company has been performing extra ordinarily in terms of all the financial parameters of growth and return. The stock is also rewarding the astounding performance of the company likewise by rising continuously and becoming one of the best performing shares in Indian stock market history and wealth generation category.

It got beaten up from its recent highs of 33500 to 20200 levels as of this writing.

The price to earning ratio is 25 which makes it an attractive buy for an investor and we are saying this because a company growing at such a pace as Eicher, will command this much valuation.

We believe an easy return from this levels down few months.

Pls check out the weekly chart for reference. However the call has been from a fundamental analysis perspective.

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RALLIS INDIA LTD. Mid & Long Term View Fundamental Take For Investors 18 November 2017

RALLIS INDIA LTD.

CMP : 229.

VIEW : MID AND LONG TERM.

STRATEGY AND UPDATES: NA

FUNDAMENTAL COMMENTARY :
This company having 1500 crore topline and not much to pitch for the bottomline is a Tata Group firm and a subsidiary with 50% plus ownership of Tata Chemical. It is mainly in agrichem business. We are more interested in not value investing but in ancilliary valuation attached to it. Clearly if the company starts showing robust EPS it will be an extra boost and become cause of fast movement in the stock price. Just look at the portfolio of Tata Chem and you will be amazed in how many businesses it is and how many over the counter products and segments it has as well as industry facing production capacity it delivers in varied chemical segments and subsegments. It has brand products ranging from tata salt (that too of four types), spices, an RO machine, several brand name products in agri fertilizer and sub space, some other food items apart from spices, cement  (yes!) and so on. We have done a thorough research and even we had previously recommended this stock. We still have a buy call on this stock with a lot upside. The way Cyrus Mistry has turned around and restructured this particular company of Tatas is amazing (poor Cyrus Mistry still sacked!). Anyways, the synergy and underlying relation with Rallis will help Rallis stock (not necessarily the firm may be! Yes, that how stock market works, not alwyas 2+2=4 here!!). Also, the peer groups, the likes of Excel cropcare, UPL, etc are priced much then Rallis.

TECHNICAL OUTLOOK: 
The stock started upmove in 2009 from 40 Rs. in 2009. It surged a high of Rs.150 in over next three 4 years which is reasonable. Since then in last four years it has not done much except making a high of 250 around and languishing between this 150 and 250 levels which is apt for a relatively unknown firm of India's biggest industrial group in not so fancy business sector. This stock is not for fast returns but definitely for good returns. WE expect the stock will eventually breakout above 260 and some corporat development will make it sustain the upmove and further investing interest shall give the stock a nice bull market rally towards 500 plus. Time horizons etc...? for members only.

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This is only a brief of a full report. It is possible, that we have already given this stock recommendation to our clients, or will give it in future, and may exit/reenter as per deem fit to us, updates of which are not possible to give every time.

Research in stock market, about companies is subject to change on day to day basis due to news and developments etc.

Disclaimer: We or our clients may be holding positions in one or more or all of the stocks recommended by us.

Go check out our site for details or email us or call us for detailed discussion.
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ATUL AUTO LTD. Funda-Techno Analysis l Medium - Long Term Investment Review 1 October 2017

ATUL AUTO LTD.

CMP : 465.

VIEW : MID AND LONG TERM.

STRATEGY AND UPDATES: NA

Atul auto is and established player in the commercial and passenger segment automobile sphere. It has wide market share in overall terms although it has not tried any aggressive penetration in north or south Indian markets. It is well established in west India. It is also ready for the electric vehicle segment and has already launched its entry level model.

Its market capitalization is only  about 1000 crore while having good brand and about 500 crore sales. The company is totally debtfree and having CAGR of 58% for last 3 years and 37% for last 5 years.Profit CAGR is 96% for last 3 years. ROE or return on equity CAGR for last 3 years is 32%.  

The dividend payout ratio is also very healthy at 26%. Its book value is good at 5.42.

On the price earnings ratio front the stock is trading at 25 times which is at par to below what its peers are trading at. Again, the stock has tremendous advantage of being a smallcap, so any rise in profitability or capex plans or other corporate development will have huge impact on stock price.

TECHNICAL PICTURE:

As you can see the stock has been in a brief downtrend or consolidation since start of 2015. It looks ripe for another upleg as it is nearing its 400 rs support price. It also seem to take support at its 200 and 100 DMA on weekly chart as it bounced from its 400 level in july 2017. MACD and RSI picture is also favourable.

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This is only a brief commentary; you can contact us for complete research, analysis and view on the stock.

Join one of our services for getting regular trading calls in all segments like equity stock cash intraday, positional, index options, index futures, stock futures, stock options and intraday and positional in all of the segments with high accurate less calls with small stoploss and bigger target with personalized service for tracking your profits/losses with us, that’s what we call assured profit services. 

This is only a brief of a full report. It is possible, that we have already given this stock recommendation to our clients, or will give it in future, and may exit/reenter as per deem fit to us, updates of which are not possible to give every time.

Research in stock market, about companies is subject to change on day to day basis due to news and developments etc.

Disclaimer: We or our clients may be holding positions in one or more or all of the stocks recommended by us.

Go check out our site for details or email us or call us for detailed discussion.

For best services for traders and investors in Indian stock market for multibagger stock calls and intraday stock, nifty, stock futures, options trading calls visit our website www.meghacapital.in  

COCHIN SHIPYARD LTD. Mid & Long Term View Fundamental Take For Investors

COCHIN SHIPYARD LTD.

CMP : 519.

VIEW : MID AND LONG TERM.

STRATEGY AND UPDATES: NA

The company came out with good valuations in IPO in last month.

It also posted 555 crore revenue and 90 crore profit in first quarter.

It is India’s largest ship building company. Its shipbuilding capacity is also huge and it has outlined 2700 crore capex. Existing order book is Rs.3078 crore. Entire capex will be funded by internal resources only and not any borrowings.

The company is already debt free and it has Rs.2000 crore cash as well.

Last year co earned 320 cr profit  on sales of 2000 crore. The company is expected to grow easily in next two years at 15-20%.

Its trading at 520 and can come down to 490 or around 450. In deep correction or sell of it can touch 400 where it would become highly attractive so buying shall emerge.

Long term investor and mid term investor also with view of 2-3 years can buy the stock with 50% appreciation expectation.

 

Subscribe to services for proper buy/sell, Stoploss, Target Levels and timely updates regarding actual trading in the recommended stocks. 

This is only a brief commentary; you can contact us for complete research, analysis and view on the stock.

Join one of our services for getting regular trading calls in all segments like equity stock cash intraday, positional, index options, index futures, stock futures, stock options and intraday and positional in all of the segments with high accurate less calls with small stoploss and bigger target with personalized service for tracking your profits/losses with us, that’s what we call assured profit services. 

This is only a brief of a full report. It is possible, that we have already given this stock recommendation to our clients, or will give it in future, and may exit/reenter as per deem fit to us, updates of which are not possible to give every time.

Research in stock market, about companies is subject to change on day to day basis due to news and developments etc.

Disclaimer: We or our clients may be holding positions in one or more or all of the stocks recommended by us.

Go check out our site for details or email us or call us for detailed discussion.

For best services for traders and investors in Indian stock market for multibagger stock calls and intraday stock, nifty, stock futures, options trading calls visit our website www.meghacapital.in 

Shamaroo Entertainment - Long - Medium Term Brief Investment Review

Shamaroo Entertainment - CMP 360

Company is into film aggregation and monetisation through tradition media and New media like You Tube with New Media revenue growing over 35% share of revenue of 24%. Company has increase its investment in films though increase in Inventory of longer duration right.

Company came out with inline number in Q1 post impact of Demonetisation in previous 2 quarter. In Q1 again inventory increased by 75cr but management clarified that this Inventory is mainly of regular business and not increase in Investment as such will correct over coming quarters. Company was into increasing its Investment portfolio in films since last 3-4 years and was expected to come out of its Investment phase in the current year which will help it to generate free cash flow.

Management has given guidance of FY 18 closing inventory to be lower than FY17 Inventory which indicate Investment phase is over and company can start generating free cash flow which can rerate the stock. Stock is trading at PE of 12x. Outlook Positive.

We recommend buy for medium and long term as well. And expect at least 100% return in 1-3 years.

Subscribe to https://www.meghacapital.in/ for proper buy/sell, Stoploss, Target Levels and timely updates regarding actual trading in the recommended stocks. 

This is only a brief commentary; you can contact us for complete research, analysis and view on the stock.

Join one of our services for getting regular trading calls in all segments like equity stock cash intraday, positional, index options, index futures, stock futures, stock options and intraday and positional in all of the segments with high accurate less calls with small stoploss and bigger target with personalized service for tracking your profits/losses with us, that’s what we call assured profit services.

This is only a brief of a full report. It is possible, that we have already given this stock recommendation to our clients, or will give it in future, and may exit/reenter as per deem fit to us, updates of which are not possible to give everytime.

Research in stock market, about companies is subject to change on day to day basis due to news and developments etc.

Disclaimer: We or our clients may be holding positions in one or more or all of the stocks recommended by us.

Go check out our site for details or email us or call us for detailed discussion.