The Sensex will see 40888 to 39888 collide between the week and the Nifty 12111 to 11777 in the week ending November.

(Gujarat News Representative) Mumbai, Ta. 23 November 2019, Saturday

Profit bookings have been made in stocks on the last weekend of the market with no immediate trigger for the market after the corporate results season is over. Despite a number of incentives-relief measures taken by the central government on the economic front to reshape the economy, there is no sign of recovery in the short-run. In which the current winter session of Parliament, the market will look at how the two bills that are now being introduced can be passed in the midst of the upset of Maharashtra on the political front. In addition, it will look at India's infrastructure production figures for next three months, which will be released next week and India's third quarter GDP growth figures. In addition, looking at the progress of trade deal negotiations between the United States and China on the international front, the overbought position may be eased with the index-based trading week ending the November trend in futures and options (F&O).

B: Precautions needed during the weekend of the November trend in: Possibility of over-boat position relaxation amid escalation

Index-based bullish trading is expected to start slowing in the last days of the last week before the November trend in F&O ends next week. While small, mid-cap stocks have seen a rising trend in the weekends. The trend is likely to continue in the coming weeks. With the possibility of index-based overboat positioning more relaxed in the week-end of the November trend, quality small, mid-cap stocks funds, high net worth investors' preferred valuing will likely increase. However, despite the positive sign of a trade deal between the US and China on the global front, the world markets will continue to watch the talks. In the coming days, before the meeting of OPEC, the organization of crude oil producing countries, crude oil prices will be monitored over rising crude prices and rupee-dollar value fluctuations. In addition, next week, Wednesday, November 3, the third quarter of the US GDP growth will be visible, and the Confidence Index for Japan's November 9 and the Euro Area Business Confidence Index will be monitored. Among these factors, it is likely that the Sensex will fall between the Sensex 1 to 3 and the Nifty spot 3 to 3 in the Indian stock markets next week.

Dark Horse: Kamadhenu Ltd.

BSE (1), NSE (KAMDHENU) Listed, Rs. 9 Paid-up, with a holding of 1.5% promoter, ISO 9001: 2008 Certified, Kamdhenu Limited (KAMDHENU LTD.), A company started at Bhiwadi, Rajasthan in year 1. The company is active in the decorative paint segment, with TMT Steel Bars being a franchise model and leading in manufacturing-marketing through its capabilities. The company's steel business includes Kamdhenu brand steel rebars, structural steel, color-coated profile steel and pre-engineered buildings. While the Decorative Paint segment produces and sells water, powder and solvent based decorative paints through the Color Dreams brand.

Manufacturing Capacity: The company has a capacity of 1.5 lakh metric tonnes of collared coated profile sheets in franchise-based manufacturing facilities annually, 5 lakh tonnes of structural steel annually and 1 lakh metric tonnes of steel rebars in franchise-based manufacturing facilities. General Chat Chat Lounge While paint has an annual production capacity of 5 tonnes. Manufacturing capacity of the company has increased from 1.5 MT per year to 1.8 lakh tonnes. After entering the Decorative Paints business in Year 3, the company introduced Kamdhen SS3,3 Premium TMT Bars in Year 1, introduced Kamdhen Structural Steel in Year 1 and became the largest selling company of TMT Brands in Year 1. The company name was changed from Kamdhenu Ispat Ltd. to Kamdhenu Limited in Year 1. The company, which introduced Kamdhenu Next Interlock Steel in year 3, dismantled the paint division in Year 1 and in year 3 the company has expanded its manufacturing capacity from 1.5 lakh metric tonnes to 1.8 lakh metric tonnes annually. The company has more than 3 franchises, a network of more than 5 dealers and distributors, and has 4 sales depots. The company has earned royalty revenue of Rs 1 crore in the year 1-3, which is the target of earning Rs 1 crore by year 3.

The company's brand turnover has surpassed Rs 5 crore in FY 6-8. In the financial year, it was Rs. 1 crore. The company increased its net profit from Rs 8.5 crore to Rs 1.8 crore in FY 6-8, up 5 percent from Rs 8 crore in the previous year. Revenues from the steel business increased by 5% from Rs. 1 crore to Rs. Revenues from the Paints business increased 5 percent to Rs 8 crore from Rs 8.5 crore. Steel business accounted for 5% of the company's total revenue and the paint business accounted for 5%.

According to the annual report by the Company Chairman and Managing Director, Satish Kumar Agrawal, the Housing for All Government's mission is to construct 1.8 million urban houses by the end of the year, and the second largest highway development project in India, with a new road, of Rs. An investment of Rs. The second phase has a target of 5 km greenfield road and 3 km expressway. So the demand for TMT Steel Bars is expected to be encouraging. With this infrastructure, the demand for TMT steel bars and paints in the real estate sector is also expected to increase. Manufacturing capacity of TMT Bars with the franchise of the company is currently 1 lakh metric tons, which is an ambitious plan to increase the manufacturing capacity to 3 lakh metric tons annually in the next three years. The brand's turnover, which stands at Rs 5,6 crore in the financial year 1-3, is the company's target of doing Rs 5 crore in the financial year 1-3.

Paint division dimmer: The company has seen good opportunities for independent growth of the steel and paint division, allowing management to dilute the paint division and now form a separate company. The company will be unlocking the value of its paint business by listing it with the potential to be completed by the end of fiscal year 5. In the quarter ended June 1, the company's Paints factory lost about Rs 1.5 crore in inventory, property, plant and equipment lying in the factory fire. In addition to the inventory, property, plant and equipment insured, the company has filed a insurance claim of Rs 1 crore in the insurance company and settlement of its claim has begun. After the fire at the paint plant, the company started outsourcing the paint and started the business on a regular basis. The manufacturing capacity of the company has been partially turned on and the company is confident that the plant will be fully operational soon. As a result, in the company's paint division, revenue from July-September 1 stood at 5 per cent less than Rs 1 crore and in the first half, it was 5 per cent less than Rs 1 crore.

Share Holding Pattern: Promoter Agarwal is holding family ownership of 8.5%, BOI AXA Trustee Services Private Limited holds 1.8% in mutual funds, Mukul Agarwal has 8%, Asha Mukul Agarwal has 8%. Gaur has 7.5 percent, Sangeeta S has 1.7 percent, Corporate Bodies has 1.7 percent, Jatalia Finance Company has 8.5 percent, Indo Jattal Eia Holdings has 3.8%, Maniplus Financial Services Private Limited. Individual share capital holders have a holding of 8.5%, up to 5.7% and Rs.

Book value: Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, Expected March 2 Rs. ૧૧

Financial Results:

(2) Full year from April 1 to March 1: Income increased from Rs. 5 crore to Rs. 8 crore, NPM-net profit margin increased by 8 percent to 5.7 percent of net profit from Rs. The revenue per share has increased from Rs. 5 crore to Rs.

(2) Second quarter July 2 to September 1: Revenue decreased from Rs 1.8 crore to Rs 1.8 crore, NPM increased net profit by 8.5 percent to Rs 8 crore, compared to Rs 1.8 crore. Revenue per share has increased from Rs. 5 to Rs.

(2) First Half Yearly April 1 to September 3: NPM net profit increased by 8 percent to Rs 5 crore, compared to Rs 1.8 crore, while net profit increased by 8 percent to Rs 9.5 crore. Revenues for half-yearly share have been increased to Rs. 8.8 crore from Rs.

(3) Expected Full Year April 1 to March 3: Expected gross income is Rs. 5 crore and expected net profit is Rs.

(1) Valuation: The company is also active in the steel and paints business against BBB Steel Medium and Small Business P / E average of 6 and P / E of the paint business, and the company is unlocking the paint business by listing a separate company and unlocking the value of 3. / E should be obtained according to which the stock can handle Rs. 1, against which if we consider a 5% growth, the valuation triple BBB will be able to attract Rs. The company whose stock is currently available on the NSE, BSE, with a expected P / E of 5.5 against expected earnings at 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 Reachers price. (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 risk-taking risk of the stock market.