Sensex 29366 breaks 28922 and Nifty 8522 breaks 8388 in four-day new week
Look at the February figures for infrastructure, the March PMI figures, the auto sales figures.
Mumbai, Ta. 28 March 2020, Saturday
Corona epidemic has engulfed the world, and in many countries of Europe, America, Asia, the epidemic has also put the world in a very dire situation and put it in an economic catastrophe. It is currently impossible for anyone to say when the epidemic will stop. With a huge loss of lives due to the collapse of the world class economically, countries in the US, Europe, and Asian countries have been forced to announce billions of dollars worth of huge financial aid packages, including last week's Indian government fighting a corollary of Rs 1.5 lakh crore. The poor have to declare help to be helpful. With this crisis, taking into account the difficulties of the middle class in the country, three months of relief in loan EMI repayments and major reductions in repo rate and CRR to increase monetary liquidity in the system have taken praiseworthy steps to reduce the credit cost burden, which resulted in Indian stock markets falling in the last days of last week. The reflexive improvement was observed. But considering the seriousness of the possibility that India will enter the next week as the crucial phase of the transmission of the corona virus, in which thousands of Europe-like countries like Italy and Spain are likely to enter the next week, may prove to be a very important crisis for Indian stock markets. So as to avoid the possibility of major upheaval in the coming weeks, caution will be necessary.
The stock markets will close on the second day of Ram Navami on Thursday, April 2nd next week, so that the next week of four trading days, the global markets will still be able to meet major upheavals with a view on the global epidemic of Corona. With this, India's entry into the pivotal phase of the transition and so far the domestic and foreign businesses have been stalled due to the Corona crisis, this economic crisis will look at the manufacturing PMI figures announced for the month of March for countries including India, America, China. In which India's March 6 manufacturing PMI figures will be announced on Thursday, April 3, the 5th. Whereas America will be announced on Wednesday, April 3, and China on Wednesday, April 3. India's infrastructure output for the month of February is set to be released on Tuesday, March 5. In addition, the markets of Europe will be watching the March issue of the European Area Business Confidence in Europe as well as the Consumer Confidence Issue on Monday, March 7. Along with this, there will be a time of great crisis in the global crisis, including the breakdown of crude oil and the value of the Indian rupee against the US dollar. In view of the current worsening situation and next week the Corona virus transmission is the most dangerous week for India, the Sensex could be seen breaking and the Nifty breaking in the next four trading days.
Dark Horse: Triton Valves Ltd.
Only BSE (1) Listed, Rs 8 Paid-up, Established by MVGoan in Year 1, ISO 5, IAFT 2, BS OHSAS 1 Certified, 5% in Year 1: 6% in total equity through bonus issue. With an equity bonus, Triton Valves Limited (RITON VALVES LTD.) Has quickly emerged as a market leader in India following the introduction of valves manufacturing for the tire and inner tube industry in Year 3. . With the rapid development of the automobile industry in India over the years, the company has become the largest manufacturer of tire valves in India. With the invention of tubeless tires, Triton introduced the manufacturing of tubeless tire valves and the company has become a supplier to Tier 2 and Tier 1 to the automobile industry. With the company's entry into Triton Precision Manufacturing with FOX on strong R&D and product quality, Valves and Components are becoming important suppliers to customers from the air conditioning and hydraulics to the aerospace, mining, defense and industrial HVC & R industries and to a wider range.
Manufacturing facilities and industries:
The company has its own headquarters in Bangalore and manufacturing facilities as well as R&D centers in Mysore. In addition, the company has warehouses in Bengaluru, Chennai and Delhi. The company specializes in various industries including tire and tube valves, automotive, truck and bus wheels, automotive air-conditioning, tire pressure monitoring, industrial and home air-conditioning, electric vehicle, aerospace and defense industries as well as mining and consumer industries. Aftermarket in India for Tire Waves has been the traditional low quality product, which does not meet the industry standards, thereby posing a major threat to the lives of the people and the safety of the users. In order to raise awareness of the importance of good quality tire valves for road safety, Triton has launched its e-commerce Bitubi platform, through which to meet this deficiency in the compressed tire service industry and the best quality tire shop with OEM specification in small puncture or puncture India. It can be made available on the spot.
Products:
The company's products include valves for tubes, tubeless valves and valves for TPMS, valve courses, auto-air conditioning valves, industrial and home air-conditioning valves, components and valves for CTIS, flashed boosters, services, services.
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 2, Rs 8 in the expected March 5.
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, 3 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1, 3 percent in Year 1, 1 percent in Year 1, 5 percent in year 1
Share holding pattern:
Among the promoters, 1.8 per cent, mutual funds have one per cent SBI Long Term Advantage Fund Series, among the high net worth investors, Paul Arvind Pandian has 1.8 per cent, Raghunath Shenoy has 1.8 per cent, Corporate Bodies have 1.8 per cent. While the individual shareholders holding up to Rs 1 lakh have a share of 8.5%.
Financial results:
(3) Full financial year April 1 to March 3:
Net income increased from Rs 1.8 crore to Rs 1.8 crore, while net profit decreased by 8.5 percent to Rs 8.5 crore compared to Rs 9.5 crore, and earnings per share dropped from Rs. Was achieved.
(3) Third quarter October 3 to December 3:
Net income fell from Rs 1.8 crore to Rs 1.8 crore, while NPM increased net profit by 8.5 percent to Rs 8 lakh, from Rs 1 lakh to Rs 9.5 million, and earnings per quarter rose to Rs. Has achieved 5.1.
(2) First nine monthly April 1 to December 3:
Net profit is Rs 8 crore, with net income of Rs 1.8 crore, and earnings per nine monthly shares are recorded at Rs.
(3) Expected Full Year April 1 to March 3:
The expected net income is Rs. Net profit is expected to be around Rs 5.5 crore, with revenue expected to be Rs 5.9 per share.
(2) Valuation: B:
Valuation single to keep the stock at Rs 1, even if the company limited the company to a P / EA of an average of 2 of the auto-nciliary industry, a stock of B. This stock is currently only available at BSE at a price of Rs. / EA available.
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. (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.
Comments
Post a Comment