In the new week, the Sensex will see 35111 closing at 34666

(Gujarat News Representative) Mumbai, Ta. March 14, 2020, Saturday

Increasingly positive cases involving many countries around the world have declared Corona a global epidemic by the World Health Organization (WHO) and the epidemic is now spreading to US-European countries, and the United States has banned the arrival of people from European countries. Big bang in the markets after last week What is proved. India, too, is suffering from this epidemic and concerns over the increasing number of positive cases in various states in the country have forced the closure of places including schools, cinema houses, malls in various states, while the Indian stock market witnessed a major downturn last week in the Nifty-Sensex. The abnormal historical upheaval has been witnessed since the lower circuit. Within four days of the week, capital assets of Rs 1 lakh crore have been eroded by investors. This extraordinary bracelet was unexpected. The Sensex-Nifty-based market was expected to hold a major correction last weekend, but Corona Corona has shown a sharp recovery from its downward spiral, with the global stock markets breaking the Sensex 3 level in the Indian stock exchanges and falling to the Nifty. Dow Jones is the biggest gainer since October 9, when the United States announced a massive stimulus package against the Trump government announced in the United States on Friday in global markets. Of course, global markets are likely to have more turmoil amid its backlash, with the US and Spain announcing emergencies nationwide next week. So caution will be necessary.

February issue of inflation, crude oil prices, rupee-dollar fluctuations, China-Japan-US IIP numbers, central banks meet

Following a major upheaval in global markets, last week, India's February 6-month wholesale inflation figures are set to be announced on Monday, March 7, with SBI Cards and Payments stocks looking at stock market listings on the same day. On the international front, it will look at the fluctuations in crude oil prices and the rupee-US dollar value. While countries including the United States are announcing the Stimulus package, they will now have a look at the two-day meeting of the US Federal Reserve on March 3 and March 8 next week. Bank of Japan will look into the interest rate decision on Thursday, March 7, at 8 p.m. While China, the US, Japan will look at the January-February data for industrial production. Thus next week, in the midst of a highly speculative turnaround, the Sensex will see 2 closing in support of the Sensex 2 and 5 closing at 5 on the back of the Nifty.

Dark Horse: ISGEC HEAVY ENGINEERING LTD.

Rs.1 Paid-up, ISGEC Heavy Engineering Limited (ISGEC HEAVY ENGINEERING LTD.), BSE Listed (1), ISO-9001: 2008, ISO 14001-2004, OHSAS 18001: 1999, National Board of Boiler and Pressure Vessel- USA. Having a Certified, CE Certified, China Safety Quality License, a 3: 3 bonus in Year 1 and a 3: 1 Bonus in Year 3, thus having a history of two Bonus Issues, which has a Bonus Equity of 7.5%. The company mainly focuses on engineering (1) Process equipments (1) EPC power plants (3) Boilers (3) Sugar plants and machinery (2) Precision (3) Steel castings (3) Aryan castings (2) Contract manufacturing (manufacturing) manufacturing. Industries at Containers & Trading (A) Power (B) Oil & Gas (C) Fertilizers (D) Chemicals (E) Steel (F) Cement (G) Sugar (H) Defense (I) Automobiles Thus has the world's 6 continental customers in 91 countries in the field of sports. The company has manufacturing plants in Gujarat and Muzaffarnagar with Yamunanagar-Haryana, Ratnagadh-Haryana, Bawal-Haryana, Coastal Plant-Dowry Ro-Ro Jetty. While overseas has a press facility at Wonder-Canada. As of December 1, the company has a standalone order book worth Rs 1.8 crore. The company has a net worth of Rs 1.8 crore. It accounts for 5% of total revenue from exports.

ISGEC Heavy Engineering has signed agreements with several companies around the world. These include (1) Envirotherm GmbH, Germany: a license and co-operation agreement for the design, engineering, manufacturing and operation of eSpace up to 5 MW. (2) Foster Wheeler, USA: License agreement for PC Fired Boilers with capacity up to 1 MW. (2) Foster Wheeler, Spain: Licensing Agreement for HP and LP Feedwater Heaters and Condensers. (2) Bosch Projects, South Africa: Technology Transfer for Chailess Can Diffusers. (2) Foster Wheeler, USA: Collaboration agreement for CFBC boilers of up to 1.5 MW and oil and gas fired package boilers of capacity up to 5 TPH. (2) Belleli, Italy: Technology Agreement for the Manufacturing of Birch Lock Heat Exchangers. (2) ABB Lummus Heat Transfer, USA: Technology License Agreement for Helix Heat Exchangers. (2) Hitachi Zosen Corp, Japan: Technology Transfer Agreement for Chrome-Moly Vanadium Reactors. (1) Hitachi Zosen Corp, Japan: Contract for Critical Heat Exchangers for the Fertilizer Industry

Company's Strategic Partners: (1) Amick Foster Wheeler (1) AP&T-Sweden (3) Babcock Power Environmental Inc. USA. (1) BHI FW Corporation, South Korea (3) Bosch Projects, South Africa (3) Anaerotherm GmbH-Germany (3) Fuel Tech Inc. USA. (1) C&I Technology Inc. USA. (3) Relay Power Inc. - USA (2) Siemens Heat Transfer Technology BV Netherlands (1) Sumitomo SHI FW Energy-Finland (3) Taime Weser-Spain (3) Thermal Engineering International (TAI) USA

Combined Venture: (1) 1% ISGEC and 5% Hitachi Zosen Corporation-Japan (3 year old company) joint venture with the requirement to cater to the requirement of specialized critical process equipments of refineries, fertilizers and petrochemicals industries worldwide. (1) ISGEC Titan Metal Fabricators Pvt Ltd, which manufactures and manufactures Coruson Resistant Process Equipment with American Titan Metal Fabricators, Petro Chemical, Oil and Gas, Fertilizer, Mining, Power Manufacturing, Global General Chat Chat Lounge (1) ISGEC Radiocam Enviro Solutions Pvt. Established in Italy with RadiCam in Italy for bag filters and hybrid filters, ESPs, gas conditioning towers and gas to exchangers, flue gas treatment applications, for global engineering for global projects. (1) ISGEC SFW Boilers Pvt Ltd (formerly known as Foster Wheeler Boilers Pvt. Ltd.) is a joint venture with Sumitomo SHI FW Energia-Finland.

Subsidiaries: (1) Saraswati Sugar Mills Ltd. holding 5%. Wholly Owned Subsidiary (1) Eagle Press & Equipment Company Limited-Canada wholly-owned subsidiary (1) Eagle Press America Inc. Stepdown Subsidiary (1) ISGEC in America

Customers: Prominent customers include Alstom Japan, British Petroleum USA, Indian Oil Corporation India, Foster Wheeler North America, GM Mexico, Valeo France, Fleur North America, Lurgi Germany, Sumitomo Japan, Technip France, Toshiba Japan. , Wooth Canada, Petrofac UAE, Ford, Maruti Suzuki, Engineers India, Hindustan Petroleum Corporation, India Petroleum Corporation, Reliance Industries, Toyota, thayasinakrupa, Mitsubishi, Aditya Birla Group, Tata, ekjhonamobila, GE, Larsen & Toubro, including Mahindra & Mahindra.

Book value: According to the paid-up Rs.5 (in parentheses as per the paid-up), on March 5 Rs.5 (Rs.1.5), March 5 of Rs.15 (Rs.1.5), March 3 Rs. 8 (Rs. 5), Mar. 1 of Rs. 8 (Rs. 8), Mar. 2 of Rs. 5 (Rs 9.5), Expected March 5 at Rs.5 (Rs.8.5)

Dividend: 1% in Year 1, 3% in Year 1, 3% in Year 1, 3% in Year 1, 3% in Year 1, 3% in Year 1, 3% in Year 1, 3% in Year 1, 3% in Year 1, Year 3 in Year 1. Percent, 1 percent in year 1

Shareholding December 1: Promoters get 1.8 percent, Goldman Sachs together with foreign portfolio investors 8.9 percent, mutual funds with 1.8 percent, Canara Robeco Mutual Fund with 1.8 percent, L&T mutual fund trustee. The Reliance Capital Trustee has 5.7 per cent, Sundaram Mutual Fund has 1.7 per cent. Shriparasam Holdings has 5.7 per cent, Corporate Bodies have 5.7 per cent and Individual share capital upto Rs 1 lakh is available at 8 per cent.

Financial results:

(2) Full year April 1 to March 1: Consolidated sales increased by 5 percent to Rs 9.5 crore, NPM down 5 percent to Rs 5 crore compared to Rs 5 crore to Rs 5 crore. The revenue per share was reduced from Rs 8.5 crore to Rs 5.6 crore through Rs.

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

(2) First nine months April 1 to December 3: Net income increased by 8 percent to Rs 8 crore compared to Rs 1.8 crore, net profit increased by 8 percent to Rs 8 crore, compared to Rs 1.8 crore. Nine monthly earnings per share have been achieved at Rs.

(1) Expected April 1 to March 3: Net sales are expected to be Rs 1.8 crore and expected earnings per share is Rs 1.7 crore and book value is expected to be Rs 1.5.

(2) Valuation: B If we give P / E to the company with an average P / E of the industry average of 7, then the value per share is expected to be Rs.

Thus (1) ISGEC Heavy Engineering Ltd., which has a reserve and surplus of Rs.1.5 crore, (1) through various certified (3) engineering types of power, oil, gas, fertilizer, cement, chemical, steel, sugar, defense. , (2) Exporting to 3 countries covering the automobile industry (1) Associating with engineering company from 3 masters of the world (2) Subsidiaries with 5% holding (2) Two bonus is With full bonus of 8% Bonus Equity (1) In full year April 1 to March 1, the expected earnings per share is Rs. 8 and the expected book value is Rs. Available at BSE only, at a P / E of 1.5 at 2 prices.

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, 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.