In the four-day week ending December, the Sensex will see 42222 to 40922 and Nifty 12444 to 12055.

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

The calendar year 1 is approaching, and now the futures and options (F&O) are likely to see an index-based collision move in the market due to the end of December next week. Despite sluggishness on the economic front, giant funds have kept the Sensex-Nifty at a new historical level, keeping the Sensex-Nifty at its peak. But with the index-nifty and Sensex stocks strong enough and some heavyweight stocks remaining limited, there was still disappointment among investors in the side markets, namely small, mid-cap stocks. The business-corporate India government has many expectations in the business sentiment of the lost. For this, the meeting is set on the central budget to be introduced. With the economy booming, many trade-offs for the stagnant businessmen, despite the anticipated recovery in the days ahead, worry about the consequences of the end of December 5 in the wake of uncertainty, stocks will rise again, and the market will be hit by a volatile zone of correction.

Stock markets closed Wednesday on Christmas Eve: Foreign fund activity likely to hit market weekend

The stock markets will close on Christmas Eve next week, Wednesday, December 7th. With foreign portfolio investors now approaching Year 7, Holiday preparations will see a decline in market activity. So that the market will see the stock become speculative next week after the speculation of the end of December trend in futures and options (F&O) on Thursday. In the event of an overall flurry of presence of foreign portfolio investors, the stock market of local funds, high net worth investors, will be on view with Jharkhand election results to be announced on December 3. While the Monetary Policy meeting minutes announced by the Bank of Japan on the International Front on Tuesday, December 9, and the Durables Goods Orders to be announced on Thursday for America's November 3 months, as well as the US unemployment rates for the US newsletters for Thursday, December 3, Indian markets will be on the lookout along with markets. Thus, the Sensex is likely to see a collision between the Sensex 1 and 2 and the Nifty 3 to the 5 during the week ending December.

Dark Horse: TTK Prestige Ltd.

BSE (1), NSE (TTKPRESTIG) Listed, Rs. 6 Paid-up, Holding 1% of promoters, with 5% bonus equity in total equity, Issuer of 5: 3 bonus shares in Year 1, Rs. Buying 5% of total equity shares at a price, TTK Prestige Ltd. (TTK Prestige Ltd.) was established as a private limited company in Chennai in year 1 and Prestige Group Group of the United Kingdom in year 3. Sethi technical kolobresanamam manufacturing pressure cookers and pressure cookers to start a company now, kukavera, while leading the company produces a wide range of Kitchen appliances such as gas stoves and kitchen Domestic Electrical Appliances. The company became Public Limited in Year 1. Chennai-based TT Krishnamachari Group of Companies, which is active in the field of healthcare and consumer products and services, is a flagship company.

Manufacturing facilities:

The company has five manufacturing units. It has Hosur-Tamil Nadu, Tamil Nadu near Mylaripallayam-Coimbatore, Gujarat near Rurraki-Uttarakhand, Karjan-Vadodara. The company has recently completed expansion for stainless steel pressure cookers-kitchenware manufacturing at Coimbatore and Vadodara facilities. With the completion of this capacity expansion, on October 1, the company has started production on a commercial basis in the capacity of expansion. After expansion, the capacity for pressure cookers has increased to 1 lakh, 1 lakh for cookware and some other applications like rice cookers and induction cooktops have increased capacity to 1 lakh.

Products and market share:

The market exists, with the company well diversified in terms of its products. TTK's unique basket-offering of Kitchen Equipment-Appliances portfolio includes cookware, appliances, gas stoves, mixer grinder, cleaning solutions and modular kitchens. Thus, the revenue of the company is also diversified with the strengthening of the large product basket in the kitchen appliance. In the first half of the financial year 6-8, the company earned 5 per cent revenue from cookers, 1 per cent from appliances, 2 per cent from cookware and 1 per cent from others. TTK Prestige is one of the strongest and most trusted brands. The company's share of the cookware market is 5 to 7 percent in value and four times that of its closest competitor in volume. Similarly, the market is leading in value added gas stoves, industrial cooktops, kettle and electric rice cookers. The company ranks third among Mixer Grinders.

The company currently accounts for 5% of domestic sales from the southern states and the rest from other parts of India. TTK is likely to maintain its strong market position for the medium term. The company exists in each of the distributor channels of traditional dealers, modern format stores, exclusive retail networks or online stores. The company owns Prestige Exclusive 3 stores in its exclusive retail stores and gives up to 5% of its topline. The company also has a network of 3 service centers.

Extension-Diversification:

TTK Prestige has been steadily expanding its product portfolio in the last two years. These include electrical and non-electrical cleaning products - appliances, water purifiers, electric aryans, lanterns, etc. Along with this, the company has also recently introduced its water purifiers, vacuum cleaners etc. Despite poor market conditions, the company posted steady growth in the half-year period from April to September 1. The company's consolidated debt-to-debt ratio also dropped from Rs 1.8 crore on March 1, to Rs 8 crore on September 1, 2010. The company has cash and bank balances of Rs 9.5 crore as of September 1.

Bonus Issue:

Issue 3: 1 Share Bonus in Year 1

Dividend:

1 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1

Book value:

Rupees 5 of March 1, Rupees 5 to March 5, Rs.20 to March 5, Rs.a. to March 5, Rs.a.

Share holding pattern:

Axis Mutual Fund holds 5.7%, holding foreign promoters 5.7%, Wellington Trust Company, National Association MUL holds 5.4%, Nalanda India Equity Funds Limited holds 7.5%. Corporate bodies own 5.7%. Individual share capital holders have a share holding of 8% up to Rs.

Financial Results:

(2) Full year April 1 to March 1: Consolidated net income increased by Rs 1.8 crore compared to Rs 1.8 crore, net profit decreased by Rs 1.8 crore, while revenue per share increased to Rs 1.8 crore. Was achieved.

(2) Second quarter July to September 1: Net income increased by 4 per cent to Rs 1.8 crore compared to Rs 1.8 crore, net profit increased by 5 per cent to Rs 1.8 crore per share. Revenue has been achieved at Rs.

(2) First Half Yearly April 1 to September 2: Net income increased by 4 percent to Rs 1.8 crore compared to Rs 1.8 crore, net profit increased by 5 percent to Rs 1.5 crore from Rs 1.5 crore per share. Half yearly income is Rs.

(2) Expected Full Year April 1 to March 3: Net profit from expected net income of Rs 1.8 crore is expected to be Rs 1.7 crore per share.

(2) Valuation: BBB: A valuation triple BBB will allow the stock to be priced at Rs 1, even if the company is limited to P / E of 2 against the average P / E of the Domestic Appliances industry.

Thus (1) holding 5% promoter (1) through issue of 5: 5 share bonus in year 1, with 8 percent bonus equity in total equity (2) buyback of 8 percent shares of total equity at Rs 5 per share in year 1 (1). Leading Company (5) Fiscal Year 8-9 with a wide range of pressure cookers, cookware, gas stoves and domestic kitchen electrical appliances through five manufacturing facilities. Despite weak market conditions in the first half, (1) the net profit in the first half April 1 to September 1 is reported by 5 percent, and the expected net profit in April 1 to March 3 is not expected. Earnings per share expected to be Rs 5 crore and Rs 5 crore against the expected book value of Rs 1.5 crore are currently available on BSE, NSE. Ave available a P / EA of 34.

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.