In the new four-day week, the Sensex fluctuates between 41666 and 40888

(Gujarat News Representative) Mumbai, Ta. 15 February 2020, Saturday

After summoning the index-based bracelet on the day of the Central Budget, the big fundraisers rallied the Sensex by rallying 3 points in the Sensex to close the Sensex and reclaim the Sensex by giving a positive interpretation of the budget. Negative factors in the storm of this OneSide boom were the storm surge designed to better balance the budget in the battle of Jedd, despite the seriousness of the impact of the Chinese corona virus on the global economy. The bull's kite has been slaughtered and released last week. With the index-based bullishness, the fund has started to storm the Nifty as expected, while offloading small, mid-cap stocks, many investors have disarmed the market beyond the understanding of the players. So in view of this startling storm of fund-raisers, caution will need to be taken in the coming weeks as well.

Until the first fortnight of March, small, mid-cap stocks are likely to play hard to get stocks at the bottom.

Index-based Last week's fundraiser showed a great deal of speculation by the fundraiser. In the last three days, the fund has also begun extensive offloading in small, mid cap stocks. With corporate results declining overall and inflation rising on the economic front, the negative impact of the decline in industrial output growth and the rise in trade with China's corona virus has led to the boom in anticipation of the expected economic impact on the global economy. But now that the financial year is about to end March 3-7, it is likely that large-scale foreign funds will be invested in the next financial year, considering the boom in foreign funds for investment in India. Is. With this, it is now possible to accelerate economic recovery from the new financial year in India and also by the Standard and Poor's keeping India's rating outlook given the economic recovery projections in the coming days that the fund will be able to reduce the large dividends on small, mid cap stocks before the March end. Will try. Investors will need to be cautious as it looks likely that the first fortnight of March 3, ie the 1st, 5th March, will see a large correction in small, mid cap stocks in the market. The fund-makers were being careful not to fall into the delinquency of the players and to keep the shares of the well-funded companies out of stock. The potential big correction would be the opportunity to buy good stocks.

Reserve Bank Minutes, USFD Minutes, Japan Economic Estimates, Look at US PMI Statistics

The stock markets will be closed on Friday, February 3, the next week of Mahashivratri, with markets watching for the next four trading days on the one-week global impact of crude oil prices, China's Corona virus. Along with this, the review of the recent policy review of the credit policy held by the Reserve Bank of India will be monitored on Thursday, February 8, and the minutes of the Federal Federal Reserve. In addition to this, the US Manufacturing and Services PMI figures and Japan's fourth-quarter economic growth for the fourth quarter will be on Monday, February 3, and the Euro Area Consumer Confidence global market will be on Thursday, February 5th. General Chat Chat Lounge Between these events, it is likely that the Sensex will fluctuate between 1 to 3 and the Nifty 3 to 5 in the next four trading days.

Dark Horse: Shriram City Union Finance Ltd.

Shriram City Union Finance Ltd., a non-banking finance company (Shriram City Union Finance Ltd.), a part of Shriram Group, which has been in existence for three decades, has been established in BSE (1), NSE (SHRIRAMCIT), Rs. NBFC), India's leading financial services company with a specialty in retail finance. The Group's Consumer Finance Business Cheat Funds emerged from the needs of consumers and the Group started a separate business unit in the year 1 as Shriram City Union Finance Limited.

The company offers finance for two-wheelers and three-wheelers, for-wheelers (both new and pre-on-passenger and commercial vehicles), as well as personal loans, small business loans and loans against gold. The company has 5 employees in India with 5 employees and 1.2 lakh active customers.

Shriram City Union Finance offers Small Business Loans, Two Wheeler Loans, Gold Loans, Personal Loans, Auto Loans, Home Loans, Other Loans and Fixed Deposits across various products.

The total assets under the management of the company - Asset Under Management (AUM) stood at Rs. While the total loan disbursement stood at Rs 5,8 crore in the nine months of fiscal year 9, compared to Rs 6 crore in the first nine months of the financial year, the share of the small enterprise finance in the company's AUM for the quarter ended December 1 fell from 4 percent to 4 percent, Two-wheelers have risen from 5 percent to 5 percent, personal loans to 5 percent and gold loans to 5 percent. The company's net interest margin increased from 8.5 percent to 8.2 percent. Yields on the assets were up 5.7% compared to 5.7%. At the end of the third quarter, the company's total NPAs stood at 8.7 percent compared to the same period last year, and 8.5 percent in the second quarter of the current financial year. Net NPAs, however, were down by 8% compared to the same period last year, and 8.5% in the second quarter of the current financial year. The net worth of the company has increased from Rs 1.8 crore to Rs 1.8 crore.

In the third quarter of the company, total borrower-debt increased from Rs. 5 crore in the corresponding period of the previous year to Rs. In which the term loan is reduced from 5% to 5%. While CC and WCDL decreased from 5 percent to 5 percent, retail fixed deposits and SDs increased from 5 percent to 4 percent, public issue NCDs decreased from 4 percent to 4 percent, institutional NCDs and SDs from 5 percent to 5 percent, 2 percent to 3 percent. The percentage has been. The average cost of this total borrower-debt has dropped to 5.9%, compared to 8.2%. Shriram Housing Finance Limited, a subsidiary of the company, operates in 5 states in India with 5 branches and has 5 employees with 5 employees. Whose AUM is worth Rs. 1 crore. The company posted a net profit of Rs 1.8 crore in the third quarter from October to December 1. That was a net loss of Rs 1.8 crore in the corresponding period last year.

Dividend: 3 percent in year 1, 5 percent in year 3, 5 percent in year 3, 3 percent in year 3, 3 percent in year 3

Share Holding Pattern: Promoters-owned Shriram Capital Limited and Shriram Financial Ventures (Chennai) Pvt Ltd together with 5.7%, Mutual Funds with 8.5% of the total, Aditya Birla Sun Life Trustee with 1.5%, SBI Mutual Fund with 1%. The Kotak Mutual Fund holds 5.7%. While Foreign Portfolio Investors (FPIs) have a total of 8.5 per cent, East Bridge Capital Master Fund has 8.5 per cent, WF Asian Reconnaissance Fund has 1.8 per cent, Mathew India Fund has 1.7 per cent, Cornalina Acquisition (FII). Akshaya Partners LP has 5.7%, Bank Muscat India Fund has 5.7%, Fidelity Funds-Asian Smallr Companies Pool has 8.4%, Akashia Int. Titayusanala Partners LP is one of them. Among others, Piramal Enterprises Limited holds 8.7 percent, Dynasty Acquisition (FPI) Limited has 8.5 percent. While individual share capital holders of up to Rs 1 lakh have a share of 8.5%.

Book value: Rs 5 for March 1, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, Expected March 2 Rs. ૭૫

Financial results:

(2) Full year April 1 to March 2: Net income increased to Rs. 5 crore from Rs. 8 crore, net profit increased to Rs. 8 crore from Rs. It was increased from Rs. 5 to Rs.

(3) Third quarter October 3 to December 3: Net income increased by 8.5 percent to Rs 1.8 crore compared to Rs 1.5 crore, net profit increased by 8 percent to Rs 8 crore. The revenue per share has increased from Rs. 5 to Rs.

(1) First nine months April 1 to December 2: Net income increased to Rs. 5 crore from Rs. 5 crore, net profit increased by 8% to Rs. 8 crore from Rs. Revenue per share has increased from Rs. 5 to Rs.

(3) Expected fourth quarter January 3 to March 3: Net profit from expected net income of Rs 1.8 crore, while revenue is expected to be Rs 5 crore, revenue per share is expected to be Rs.

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

(2) Valuation: BB: Valuation of double BB, even if the company is limited to a P / E of 2, against the average P / E of finance-leasing and higher purchasing industry. The stock is currently available on BSE, NSE against expected earnings 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. (2) 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. (2) 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 any person will not be responsible for your loss. So invest in identifying the risk-taking risk of the stock market.