Sensex 42222 to 41222 and Nifty spot between 12412 to 12112

(Gujarat News Representative) Mumbai, Ta. 28 December 2019, Saturday

With calendar year 1 nearing its end, this year the index-based record boom is needed. Foreign Fund-Foreign Investment Investors' stocks continued to sell, with fresh index-based stocks starting to buy and attractive valuations leading to frontline-heavyweight index stocks, led by Reliance Industries. The new record for the Sensex 1, December 5, and the Nifty spot was 5.1. As of December 1, the Sensex was 5.7.1, an increase of 5 points in one year. While the Nifty spot was at 5.7 on December 2, it has risen by 5 points in the year 1 to a new record high of 5.2. While the market capitalization of the market, ie the consolidated market capitalization of the total companies listed in the BSE, the investors' wealth increased by Rs 1.5 lakh crore in one year from Rs 8 lakh crore in the year to December 1, from Rs. It has reached the level of 1 lakh crore. Investors in small, mid cap stocks have been constantly disappointed with their disappointment. But with the expectation of resumption of economic recovery in Year 2, Year 3 is likely to yield an impressively high return on quality small, mid cap stocks.

Year 3 Quality Small, Mid Cap Stocks Predictable to Provide Unexpected High Risk

Against the slowing of economic development, the central government has given a number of concessions and incentives, including a reduction in corporate tax, to accelerate the slowdown, but despite these incentives, the economy is currently going through a period of slow growth. The Finance Minister is likely to propose a number of incentive-relief proposals in the Union Budget in Year 1. Market sentiment is likely to improve further by boosting corporate recovery by accelerating economic recovery. While Index-based markets have created new records in Year 1, good quality small, mid-cap stocks are likely to be funded by rising funds' valuation and an incredibly attractive high return on these stocks. In view of the commencement of valuation of stocks by the Fund on the 1st of the year, investors will invest in good stocks in anticipation of attractive returns next year. Of course, the temptation of multi-bagger stocks was to guard against the entanglement of cheap penny stocks of poorly funded companies.

Auto Vehicles December Vehicle Sales Statistics, Manufacturing PMI, Infrastructure Tracking

With the prospect of a holiday mood likely to end the year in the new week, local fund-high net worth investors will be likely to be attracted to select stocks. The index-based market will see a flurry of moves. There will be no public figures for automobile companies on December 6, sales figures for manufacturing PMIs, December 3 months for manufacturing PMI, January 3, and India's infrastructure production for November 6, December 3. In the new week, the Sensex is likely to fluctuate between 1 to 3 and the Nifty 5 to 3.

Dark Horse: Hind Rectifiers Ltd.

BSE (1), NSE (HIRECT), Rs. 3 paid-up, 3: 3 share bonus in year 3, 3: 3 bonus in year 3 and 3: 3 share bonus in year 3, thus totaling 3% through issue of 3 bonus. Hind Rectifiers Ltd (Hind Rectifiers Ltd), with a percentage of bonus equity, was awarded the Westinghouse, Break and Signal, UK in Year 3. The company, established in association with Coalition, has long been active in developing, designing and manufacturing and marketing power semiconductor, power electronic equipment and railway transportation equipment. In addition to electrical, mechanical, electro-mechanical and electronic products, the company is investing in designing their own software and providing end-to-end solutions to customers. In the year 1-2, Hind Rectifiers shifted its business activity to an existing area of ​​2.5 square meters at Bhandup-Mumbai.

In the year 1, the company planted Westinghouse Break & Signal Company Limited-UK for power silicon diodes manufacturing. Was imported from In the early sixties, Indian rectifiers started manufacturing equipment for railway applications such as battery chargers, high voltage and high current rectifiers. The subsidiary, Supreme PowerElectronics Private Limited-Nashik, which started operations in the sixth decade, was merged with Hind Rectifiers in Year 1. In year 1, the company started manufacturing new manufacturing facilities for Indian Railways at Bhandup-Mumbai, from 1 kVA inverter to 1 kVA converter. Hind Rectifier, which entered the Golden Jubilee year from April 1, launched two more facilities for the production of Power Equipments for Railways at Dehradun, Uttarakhand on April 3.

The business divisions of the company can be divided into three parts. These include Equipment Division, Traction Division and Components Division.

The equipment division that produces ESP, People Transformers, Water Cooled Rectifiers, TCR has a significant share in total sales. The division offers designing, manufacturing and services in the field of aviation, power, telecommunications and power electronic equipment for various industrial plants.

The traction division produces inverters, converters and other railway products.

The Components Division is active in the business of semiconductor devices. Which is commonly used for self-defense for the production of rectifiers.

To keep pace with the development of power electronics, Hind Rectifiers has expanded the range of stud-based and capsule devices. Isolated base power modules are included. In addition, AMC is an important vertical for the company. Management is expected to find good growth in this vertical as the margin is so good. The trading division is normally in the import business of capacitors and fuses.

Railways account for 5% of the company's total sales. The rest comes from various sectors like cement, steel and other industries. There are big opportunities for the company as Indian Railways, the main consumer of the company, is replacing its old equipment with upgrading its technology. The company is confident of increasing business size as well. Indian Railways, Metro and Mono Rail projects are likely to meet the needs in the coming days. In addition to the new policies of the government, there are great opportunities for pollution control equipments as well as equipment for three phase locomotives. In addition, the demand for pollution control equipment in the Middle East is expected to be good. The company has also been expanding its capacity and automating the plants over time with increasing demand.

Order Book: With the strong order book of Rs 1 crore, the company started the quarter of September 1, earning Rs 1.8 crore in revenue through a 2% increase in revenue, in an attempt to fulfill its orders. With this, the company was able to increase its net profit by 5%.

Bonus History: 3: 1 share bonus in year 3, 3: 3 bonus in year 3 and 3: 3 share bonus in year 3 thus issue three bonus.

Share Holding Pattern: Promoter holding 5.9%, High Networth Investors Neeraj Bajaj with 8.5%, Madhur Bajaj with 8.5%, Kiran Bajaj with 8.5%, Rahul Kumar Bajaj with 1.5%, Veena K Jagrani has 5.7%, Corporate Bodies have 1.5T. While BTR Industries Limited holds 8.5%. Individual share capital holders up to Rs 1 lakh have a mere 5.5%.

Book value: Book value as per 1 paid up, Rs 8 as per paid-up in parentheses. March 5 to Rs 5 (Rs 5.2: 1, March 5 to Rs 5 (Rs 5.2), March 5 to Rs 5 (Rs 5), March 5 to Rs 5). 1 (Rs 5), March 5 at Rs 5 (Rs 5), expected March 5 at Rs 5 (Rs 5).

Financial consequences

(2) Full year April 1 to March 1: Net income increased by 8 percent to Rs 8 crore compared to Rs 1.5 crore, NPM increased net profit by 8 percent to 5 percent compared to Rs 8 crore. The revenue per share was Rs. 5.8 crore, registering Rs.

(2) Second quarter July 3 to September 3: Net income increased by 8 percent to Rs 8 crore from NRM 5.8 million, and net profit increased by 8 percent to NRM 8.5 percent, compared to Rs 8 crore. The quarterly revenue per share is Rs.

(1) First Half Year - April 1 to September 3: Net income increased by 8 percent to Rs 8 crore compared to Rs 1.8 crore, NPM increased by 5 percent and net profit increased by 8 percent to Rs 8 crore. The half-yearly revenue per share is Rs.

(2) Expected Full Year April 1 to March 3: Expected net income is expected to be Rs 5 crore, net profit of Rs 5 crore and revenue per share is expected to be Rs.

(2) Valuation: BBB: Valuation triple BBB so that the stock can handle Rs 1 even if the company is limited to P / E of industry average of 5.

Thus (3) Power Bonus Equipments (8) with Power Bonus Equipments, Rail Electronics Equipments and Railway Transportation Equipments, with 5% Bonus Equity with 3 Bonus Issues, Developing, Designing and Manufacturing Sales and Marketing in the Sales and Marketing area. (3) moves from various other sectors like cement, steel and other industries The first half of the year, which yields a 5% increase in net profit from April 1 to September 2, earns Rs. 5 per half-yearly share. Book value is Rs 2.5 per paid-up and Rs 5 as paid-up as against Rs 5 against Rs 5 currently on NSE, BSE at a rate of Rs. EA is available.

Manoj Shah: Research Analyst (GIM EE Resn. Ensemble 3)

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, Mm, Mm, 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) Feedback E-mail: All the above points apply to the answers provided in the channel: (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.