New week's Sensex will see 38111 closing at 37777 and 11277 closing at Nifty spot 11155.

(Gujarat News Representative) Mumbai, Ta. August 17, 2019, Saturday

Although it has been two weeks since Finance Minister Nirmala Sitharaman had a meeting with Foreign Portfolio Investors (FPIs) and representatives of various industries, including automobiles, no relief package has been announced in this regard, when Prime Minister Narendra Modi finally intervened. With the Minister, the economic situation of the country will be tracked down by industry-investors Gave a hint of relief package.

Shares of foreign fund stocks have dropped sharply, with a package expected to be announced today or next week. While the local funds have steadily boosted the stock, each decline in the stock market has been massive. But on the global front, US President Donald Trump has been calling global markets by saying "yes, no" between America and China.

Even last week, when Trump announced an immediate postponement of tariff tariffs on Chinese goods, China's attempts to woo the US with a twist of sarcasm have again seen a two-way uproar in global markets, sentiment of global markets. Of course, market moves are likely to improve in the coming weeks due to the economic package.

Prime Minister's Economic Package Signs Now Market Watch FPIs on Surcharge, Industry Incentives - Concessions

With Prime Minister Narendra Modi addressing the Independence Day, the creators of economic wealth in the country have been involved in the development of the country and after the importance given to them, the economic situation with the finance minister has given a hint of the economic package.

With this, various industries, including automobiles, are currently facing diminished demand. These industries, including GST, will be relieved or the market will be monitored. Given the feasibility of the economic package over the weekend, it is decided that if the package arrives by the end of the week, then the market gap will open up next week. However, due to the crisis of confidence in the market in the current situation, the announcement of this potential package will increase the chances of exit in the boom. So the boom will be difficult to survive.

So it is important to be careful in following the index-based rise in stocks. Along with this, market moves on the US-China trade war on the global front are likely to be a panacea.

Reserve Bank's Lending Policy Review Minutes, US Federal Minutes, Crude Oil Prices, Look at Dollar-Rupee Fluctuations

The meeting of the meeting and the US Federal Open Market Committee (USFOM) are scheduled to be released on Wednesday, August 7 next week, after the Reserve Bank of India reduced the benchmark repo rate by 8.5 percent to a review of its lending policy earlier in the week. Indian stock markets will be watching the global markets on the minutes of Wednesday's meeting, which will be held on Wednesday, August 8. With data on the weekend of unemployment claims in the US rising to a two-and-a-half-month high, crude oil international prices have dropped back to close to $ 5 in Brent, and crude prices will remain on track next week. While the US dollar against the rupee has come to a halt, the dollar will see a fluctuation in the value of the rupee. In the new week, the Sensex is expected to close at 3 and the Nifty close at 5.

Dark Horse: KSB Limited

BSE (2), NSE (KSB) Listed, Rs 2 Paid-up, 1: 3 in Year 1, 1: 2 in Year 1, 1: 2 in Year 1, 1: 3 in Year 1, 3: 1 in Year 3: 3 share bonus. Contributing to Klein Schanzlin & Becker (KSB), KSB Ltd (KSB LTD.), Which holds 5% bonus equity, pays 5% dividend in total equity through five bonus issues. KSB is one of the world's leading pumps, valves and systems supplying companies, with a holding of foreign promoters (Canadian Kaye Pumps) of 8.4% and Indian promoters holding 5.4% of the total.

KSB AG, which was launched in Germany in Year 1, has more than 5 manufacturing locations and 3 operating companies worldwide and has sales in more than 5 countries and more than 6 employees worldwide. Group sales of 1.5 billion euros a year and 1.2. Made a profit of millions of euros. KSB's products are used in Chemical, Power, Oil, Process Engineering, Building Services, Petrochemicals and other industries in Transport Aggressive, Corrosive, Explosive, Solids-Leyden and Viscose Liquids, Industrial and Municipal Heating and Municipal Wasting and Municipal Wasting and Municipal Wasting and Municipal Wasting and Municipal Heating and Municipal Wasting.

The company manufactures and sells high-value valves special control valves, which are used in power and other engineering fields. KSB India manufactures pumps and valves through six manufacturing locations in India and supplies the above industries to India. All industries use pumps and valves, and KSB India focuses on high technology, high value pumps and valve segments. The company has more than 3 dealers in India. The market share of KSB is about 5% according to pumps sector and area and 5% in NG segment, 4% in industrial sector and 5% in water.

The major customers for the company's products are Nuclear Power Corporation of India (NPCIL), HMEL, Mithal NG, ISGEC, Thermax, IOCL, L&T Hydrocarbon Engineering, NTPC, BHEL, GE etc.

The company's order book is strong. Order flow increased by 5 percent in calendar year 1. This does not include orders from NPCIL. These orders are obtained from sectors like oil and gas, standard industrial pumps and valves segment. Order flows have increased by 5 percent in calendar year 1. The company's order book stood at Rs 5 crore on April 3. The order book of Rs 1 crore does not include orders from Nuclear Power Corporation, which is worth Rs 1 crore on April 3. These orders will have to be completed within 3-5 months. It is noteworthy that after two years, NPCIL's major order has been received at Rs 1 crore, with Clant pumps and electric motors to be provided for nuclear power plant-Haryana. Two such orders are still in the pipeline, for which tenders have been issued by NPCIL and KSB has participated.

Many consumers of KSB Group Worldwide are demanding less NGA consuming products, considering the environment, along with economic costs. The group also provides pumps with high efficiency and automation systems, which also help save NG.

KSB India set up a capital expenditure program of Rs. 1 crore to establish a manufacturing facility for supercritical pumps in calendar year 1. KSB has all the technology and support parents need. These capital expenditures will be funded through internal finance and some outside bourcing. The company has successfully implemented the first phase, which has a capital expenditure of Rs 1 crore, mostly involving de-bottling of the Chinchwad plant. The second phase has also been completed with a capital expenditure of Rs. 1 crore, which includes a new manufacturing base and relocation of the NGA Pump Division at Shirwal Plant-Poona. While the company is working on a third Rs 1 crore capital expenditure phase, manufacturing capacity will be increased for future growth in the Shirwal plant. KSB's manufacturing capacity has been working for 5 percent of the capacity in calendar year 1.

The company will manufacture these products as part of Make in India under a technology transfer and license agreement with KSB AG, Germany. To facilitate the manufacturing of India's manufacturing base for future growth, KSB India has introduced a new submersible pump set with high NG capability and is also capable of running with the use of solar power. Centrifugal pumps are specially designed for the requirements of solar pumping applications such as drip irrigation, sprinkler irrigation, water supply etc. The company had planned a capital expenditure of Rs. 1 crore in calendar year 1 to establish manufacturing facilities for supercritical pumps. The company had undertaken the first phase in fiscal year 1 with a capital expenditure of Rs 1 crore. Most of which involves de-bottling of the Chinchwad plant. The second phase, with a capital expenditure of Rs 1 crore, has completed the work of setting up a new manufacturing facility for the base and NG pump division at the Shirwal plant in Poona. Now, the company is working on expansion of capital at a cost of Rs 1 crore in the third phase. The company's manufacturing facilities were operating in calendar year 1 with a capacity of up to 5%.

The company's management estimates the consolidated net sales of the company for Vision 3 to be around Rs 1 crore.

Share holding pattern:

Promoters Canadian Caye Pump Ltd holds 5.7% and Indian Promoters together hold 5.5% promoter holding, Mutual Funds have 7.5%, Reliance Capital Trustee has 1.8%, Sundaram Mutual Fund has 5%. 3 percent. Alternative investment funds have Venture Equity Fund (5.7%), Venture Equity Fund (5.3%), Foreign Portfolio Investors (5.3%), Pinebridge Investment (GF) Mauritius Ltd (VIII) and Insurance Company Bajaj Alliance Life Insurance Company. Is. Individual share capital holders of up to Rs 1 lakh have a margin of 8.5%.

Book value:

Rupees 6.8 on December 2, Rs 5 on December 5, Rs 5 on December 2, Rs 5 on December 5, Rs 5 on December 2, on expected December 5 on Rs 5.

Financial results:

The calendar year from January to December is KSB Limited with financial year ...

(3) Full year from January 1 to December 3:

Net income increased from Rs 1.8 crore to Rs 1.8 crore, while net profit increased from Rs 1.8 crore to Rs 1.8 crore, earnings per share increased from Rs. Did.

(2) Second quarter April 1 to June 3:

Net income increased by 5 percent to Rs 5 crore compared to Rs 1.8 crore, net profit increased by Rs 5 crore to Rs 9.5 crore, and earnings per share increased from Rs. 2 have been achieved.

(1) First half January 1 to June 3:

Net income increased by 5% to Rs.5 crore compared to Rs.5 crore, net profit increased by 5% to Rs.5 crore compared to Rs1.5 crore, earnings per half yearly share increased from Rs. Has been achieved.

(3) Expected completion year January 1 to December 3:

Expected net income is expected to be Rs 5 crore, net profit from Rs 1.8 crore, and revenue per share is expected to be Rs.

(2) Valuation: Single B:

Give the P / E of this multinational group KSB Limited 2 against the P / E of the pumps industry average of 5, so that the valuation single can hold the stock at Rs.75 per share, which is currently expected at BSE, NSE at Rs. Earnings are available at a P / E of 5.9 against the expected book value and expected book value of Rs.

Manoj Shah: Research Analyst (SEBI REG. NO. INH000000107)

Author Sebi is a Registered Research Analyst: Disclosure Cum (Readers take special note) Warning: (1) The author has no investment in the shares of the above companies. (2) Our sources of interest, such as broking houses, promoter views, personal research analysts, portfolio management, or their team may be of direct or indirect interest. (3) It is advisable and advisable to maintain a 5% stop loss exclusively from the price of the recharge. (2) Valuation H, BB, BBB, top gainers are all possibilities, so don't be tempted to invest. (4) Usually 1 out of every 4 scrips is true and 4-5 scripts are wrong. (2) The answers given in the Feedback e-mail: arjuneyems@gmail.com also apply to all the above points. (3) The reader, the investor, should take personal decisions at personal risk. Gujarat News writer, editor and anybody will not be responsible for your loss. So invest in identifying the stock market risk-risk.