At the end of January trends, the Sensex 42222 to 41111 in the budget week and Nifty 12444 to 12044 will sprout

(Gujarat News Representative) Mumbai, Ta. January 25, 2020, Saturday

In contrast to global markets, Indian stock markets have seen a resurgence in the last days of the last week. The deadly virus in China poses a threat to the global economy, but global markets for India know that this factor has become advanced, and Indian stock markets are seeing an all-round takeover of foreign funds. With the index-based bullish in the stocks, the expected gains in small, mid-cap stocks have spread. This factor has also become positive for India, with China's international crude oil prices falling below Brent crude's $ 5. However, due to the weakening of the rupee against the US dollar, caution has been observed in the bullish trading on the stocks. Due to this global factor, the market is now focusing on the central budget to be released next week, February 7. This time, the budget has seen a surge in shares, high net worth investors, in anticipation of several big incentives. With the possibility of derivatives now ending the trend in January next week, as well as stock exchanges continuing on the Central Budget on Saturday, February 7, index-based large commodities are likely to be seen next week.

Take a look at the Central Budget to be released on February 1, understanding: Sunday evening will be over: Avoid the risk of trading-trading

The next week will see the market look at a two-phase budget session of Parliament, beginning on January 5, with the week ending the January trend in derivatives. The budget session of Parliament will be held in two phases - first from January 1 to February 2 and phase two, from March 1 to April 3, this time after Finance Minister Nirmala Sitharaman took the big step to reduce investment and attract investment. Long Term Capital Gains Tax (LTCG), Dividend Dividend Tax, Securities Transaction Tax (STT) Ada is on. In addition, the Finance Minister is expecting a reduction in the personal tax rate at this time. In the wake of these incentives-provisions, Indian stock markets will see a new history entering the boom's new zone next week.

In view of the limited scope for the economy to grow contrary to expectations, the possibility of extraordinary shocks in the market cannot be ruled out in the event of expectations not being met and the entry of large negative provisions such as any Wealth Tax. So it would be advisable to avoid the risk of trading and buying stocks in such a way as to understand the budget provisions in detail, such as one day, this time with the extended analysis by Sunday evening. With this, next week's index-based big deal is likely to be a fun-filled move. Also next week, Indian markets will not have global markets on the issue of India's Infrastructure Output for December 1, December 3, on the January 1 issue, and on the risk of China's deadly virus, and on the Federal Reserve's January 5-8 policy meeting in the United States.

Look at the results of Maruti Suzuki, Dr.Reddy's Lab, HDFC Ltd, Hindustan Unilever, State Bank, Tech Mahindra

Corporate results for next week will be on Monday, January 3, at Dr.Reddy's Laboratories and HDFC Ltd. results on Tuesday, January 3, Maruti Suzuki India's Result, Friday 5, January 3, State Hearth Bank of India and Tech Bank of India. On the day of the Union Budget submission on Saturday, February 7, the stock markets will continue for trading as per the norm.

Dark Horse: Revathi Equipment Ltd.

BSE (1), NSE (REVATHI) Listed, Rs. 3 Paid-up, Established in Year 3 and holding 3% promoter holding of Renaissance Group, Energy 3rd Bhiukaiig, 3: 3 Bonus in Year 1, 1 Year in Bonus Eq. Revathi Equipment Ltd. with 8% bonus equity and 8% original equity, Revathi Equipment Ltd. Blasts for various applications like mining, construction, water well, exploration etc. T Hall is active drilsa and Water Well drilsana manufacturing sector. The company has manufactured and sold more than 4 drilling rigs worldwide with expertise in products and services over four decades. The company offers jacklash drill rigs for construction activity including road, dam, irrigation canal, quarrying etc.

The company has its own manufacturing facilities in Coimbatore-Tamil Nadu. While the dealer-stockists have a network in Sigarlu, Dhanbad, Ranchi, Asansol, Nagpur, Bilaspur, Sambalpur and branch in Hyderabad, Kolkata and the representative office in New Delhi. Along with this, the company has Jordan, Indonesia, Zambia, CIS in the global network. Company drilling solutions include construction and mining applications, water well drills (up to 8m deep and above), hydro-fracturing units and exploratory drills (up to 5m deep) Blast Hole Drills (Rotary and Dietmach Diesel, Diesel-powered, Diesel). Manufactures and sells as per customer's specific requirement. The company's drilling rigs are widely used in mines like Coal, Copper, Gold, Aryan, Zinc, Phosphate, Bauxite, Lignite, Limestone, etc. Exported to 7 continents of the world. Over 4 decades Drilling Rigs has been manufactured and sold by Revati Equipment for customers worldwide. The company also offers maintenance and repair contracts to its customers.

The company has supplied water well drilling rigs up to 5 meters deep, including government units, NGOs and private contractors to a wide range of customers. The company offers dual rotary drill rigs with a casting capacity of 1 to 2 for drilling in fractured / unconsolidated formats in collaboration with world-renowned Formost-Canada. The company is known to the world-renowned Gifco-USA. In collaboration with Hard Rock, Unconsolidated has acquired the ability to offer top-drive and table-drive drill rigs with more than 4 deep capacities for alluvial formats. The company provides support with Sparse for Formost and Gifco products in India.

The chairman of the company said that the consolidated net worth of the company has increased by Rs 1.8 crore at the end of FY14. So that the book value per share has increased by 5%. The book value per share has increased from Rs. 1 to Rs. 1 in the five years since the company was acquired by the current promoters.

The company is debt-free at the end of fiscal year 1. The balance sheet is a first for the company. Shortly after the acquisition of the company, it was decided to construct a treasury with surplus cash, knowing the use of internal resources in the business to increase the competence in the working capital management of the company. The Company has made investments in various assets including public market equities, Power Assets Wind, the Group's self-owned gas powered project, real estate project development in the joint and minimum and maximum holdings in operating businesses. The company's treasury operations are currently worth Rs 5 crore, of which Rs 5 crore is invested in real estate projects. Out of which the company has made an annual profit of Rs 1 crore before tax. Unrealized gain on real estate investment is not taken into account, which, if calculated, doubles the profit to the tune of Rs.

List of Company's Top Customers:

Including Ambuja Cement, Coal India, DACO, EMTA Group of Companies, JYP Group, NALCO, Orient Cement, Rajashree Cement, Sail, SCCL, Tata Steel, Vashwadatta, Zuari Cement.

Book value:

Rs 5 in March 1, Rs 5 in March 2, Rs 5 in March 2, Rs 5 in March 2, Rs 5 in March 5, Rs 5 in the expected March 5.

Share holding pattern:

Renaissance Group promoter holding 5.7%, among the high net worth investors Takhar Chukkapalli with 8.5%, Deepak Kaniyalal Shah with 1.7%, Corporate Bodies with 1.5% and Individual share capital holders up to Rs 1 lakh. Holding a 5% share.

Financial Results:

(1) First quarter April 1 to June 3:

Net income fell from Rs 1.8 crore to Rs 1.8 crore and net profit increased to Rs 1.8 lakh from Rs 5 lakh, to Rs 8 lakh per share.

(2) Second quarter July 1 to September 3:

Net income has increased from Rs 1.8 crore to Rs 1.8 crore, while net profit has increased from Rs 1.8 lakh to Rs 9.5 crore, and earnings per share have increased by 5 paise to Rs.

(1) First Half Yearly April 1 to September 3:

Net income is Rs 8 crore, with net profit of Rs 5 crore and earnings per half yearly share is Rs.

(3) Expected Full Year April 1 to March 3:

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

(2) Valuation: BBB:

Valuation Triple BBB to prevent the stock from touching Rs 1 even if the company is limited to P / E of the compressors industry average of 8.5

Thus (1) Renaissance Group holds 5.9% promoter holding (1) 2 bonus issue in year 3: 3 bonus, 5 in 3 year issue: 5 bonus issue in equity and 5 percent in equity and 8 percent in equity. (2) Active in manufacturing of blast hole drills and water well drills for various applications in mining, construction, water well, exploration etc. (1) First half year April. Revenue per share in the period from September 1 to September 5 (1) Expected full year April 1 to March 1, the expected earnings per share is Rs. 5 and the expected book value is Rs. 8.5 per share on the NSE, BSE. Only P / EA of 5 is available at 5 prices.

Manoj Shah: Research Analyst (SEBI REG. NO. INH૦૦૦૦૦૦૧૦૭)

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, individual research analysts, portfolio management, or their team may be of direct or indirect interest. (1) 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 writers, editors and anybody will not be responsible for your loss. So invest in identifying the risk-taking risk of the stock market.