Sensex 30333 closed at 30833 and Nifty spot 8888 closing at 8988 in the week ending March trend.
(Gujarat News Representative) Mumbai, Ta. March 21, 2020, Saturday
The world is engulfed in a corona epidemic, it is certain that this epidemic will become a global crisis and will push the entire world into a historic depression. The last week has proved to be the biggest recession for global markets in the wake of the Great Depression, the economic situation of the world's largest and smallest countries. India, too, has been swept away in the corona epidemic this time, and the whole country has a knack for imposing voluntary curfew.
The appeal that Prime Minister Narendra Modi has given to Prime Minister Narendra Modi to alert the countrymen of the outbreak in the coming days and to support himself at the Janata Curfew on Sunday, March 22, is getting the support of the people across the country. Given the current situation, the situation is likely to be a major economic crisis for the country in the event of further worsening situation in the coming potentially challenging days.
Under these circumstances the possibility of mass erosion in the Indian market cannot be ruled out yet. Sensex-Nifty has hit a chord in the last 10 days in the history of Indian markets so far. Indian markets are witnessing major upheavals in the face of continued hemorrhaging of foreign funds and the purchase of domestic funds. Sebi, the capital market regulator, has taken steps to rein in short selling after the market closed on Friday.
But foreign funds and experts are likely to be furious with the move, triggering greater turmoil in the opening market next week, so even more caution is needed in the final week of March's trend in Futures and Options (F&O) next week.
Controlling short sailing will still see turmoil in the final weekend of March in F&O: stay away from casinos
Index Sensex-Nifty-based extraordinary major upheavals in the Indian market in the past week and despite the many upheavals in this upheaval, the casinos-gamblers have repeatedly rebuffed despite repeated warnings and advice from people to stay away. On the casinos running the barracks, the capital markets regulator has also come to lockdown after the treasury was cleared.
Many times the people kept demanding that the short sailing be restrained, despite the fact that everything was alright, and that many good valuation companies were forced to break the hammering of the short sale and buy good companies for free. After the large fund cover has been covered in the last two days on Thursday and Friday, the capital markets regulator has announced measures to cut the ceiling on short selling from March 23, after the lacquer fund-malimuradalas have found the bodies of many players.
Which, while ridiculous, shows the major flaws in our system. Now that the measures have been taken to curb short sailing, it is likely that in the next week after the end of March, it will be possible to cover a larger position of short shorts than if they had as much stock holding. But in this short cover, it is possible that these fund-mammals will be able to market the large-scale delivery of shares in their portfolio. So in the case of short coverings and potential major upheavals in the weekends of the March trend, it would be imperative to stay out of the intoxication of caution in new purchases.
Corona Crisis Look at Crude Oil Prices, Dollar Fluctuations, Potential Stimulus Packages, Global Market Storms
The next week will also be crucial in the current challenging times of Corona Crisis. Markets, including the United States, are seeing a slowdown right now, but the prospect of a global flurry cannot be ruled out due to worsening circumstances.
While many countries are announcing stimulus packages to tackle the economic crisis in the current situation, the Government of India cannot rule out the possibility of releasing the package next week over the Corona crisis. So keep an eye on it too. Index-based stocks to be restrained on short sailing will be important in the week ahead of the end of March, amid a storm of index-based stocks.
Indian rupee has fallen to a historic new low of 75.18, with the US Manufacturing Services Services PMI announced on Thursday, March 24, 2020, and the international price of crude oil on Thursday. Will look. During this potentially stormy week, the Sensex could see 30833 closing at 30333 and 8988 closing at Nifty 8888.
Dark Horse: Dynamic Products Ltd.
BSE (532707), NNE Listed, Rs.10 Paid-up, ISO 9001: 2015, ISO 22000, ISO 14001 CERTIFIED, HACCP (Hazardous Analytical Critical Control Point) CERTIFIED, Dynamic Products Ltd. Dynemic Products Ltd. One of the leading companies in India manufacturing and exporting full range of Colors, LAKE Colors, Blended Colors, FD&C Colors as well as Dye Intermediaries, Natural Food Colors. Dynamic Products is one of the few companies offering the full range of water soluble colors and lake colors in the world. The company's products - products are essential ingredients in the food, drug, cosmetic, personal care and FMCG industries. In addition to meeting the regulatory standards of the Company's products FSSAI, EU, JECFA, USFDA, Kosher & Halal Certification also has full criteria.
The company has manufacturing facilities including two well-equipped plants in an area of 24000 square meters. The company has various packaging options for customer convenience. In addition, the company plans to set up a third unit at Dahej. Dynamic Bulk Packaging provides small packaging as per customer convenience. In addition, the company also offers durable and flexible packaging options. Food Colors are packed in dust free area. Water produces the full range of soluble colors and lake colors. There are only a handful of manufacturers worldwide that produce full range of colors. There are many small manufacturers, which produce two to three colors and also in small quantities. So that the company has a large number of customers as they are convinced that by offering full range of colors, the manufacturer will be assured of delivery for long term business with great quality, excellent quality.
Various uses of company products:
Products manufactured by Dynamic Products are used in various industries. Synthetic food colors are used to enhance the basic colors associated with the product. In addition, these food colors are often added due to the product's color light, air, temperature and humidity due to fading or flushing. Apart from this, Foods are also used for good colorful appearance. Primary food colors are widely used for easily dissolving in water, such as foodstuffs, beverages, animal feeds, sea-foods, meat and fish products, cosmetics, toiletry products, etc. Lake Colors are widely used in dairy product packaging for cosmetics, pharmaceuticals, bakery products, foodstuffs, etc.
The company's products are used in confectionery (colors are used in most confectionery.) These include generic candies, jellies, coated candies and chocolates, beverages, process food, bakery products, dairy products such as oil-based coatings, retrieved milk products, sauces, wax coating for cheese, coating with leeks instead. Lex colors are also used for pet foods. Apart from this, Lex colors are used in pharmaceuticals and cosmetic and personal care products.
Exports:
About 58% of the company's net sales are derived from worldwide exports. These include USA, UK, Germany, South America, Middle East, South East, South Africa, Indonesia, Thailand, Philippines, China, Brazil, Argentina, Chile etc.
Market size:
The market size of food colors is estimated to reach $ 3.75 billion by 2016, with a CAGR of 8.40 percent from 2016. Asia-Pacific Food Colors are fastest growing in the market. In countries like India, China, Indonesia, Australia and Japan, the demand for good food products is slowly increasing. The Indian dyestuff and pigments industry is also transitioning from import dependent to export oriented. Developed countries are now focusing on the cost-effectiveness of Asian markets, including India, for the source of dyestuffs and pigments. In the last few years, exports have seen double-digit growth.
Book value:
Rs 43.16 for March 2014, Rs 51.07 for March 2015, Rs 55.90 for March 2016, Rs 67.32 for March 2017, Rs.80.89 for March 2018, Rs94.77 for March 2019, Rs 111.11 for March 2020.
Financial results:
(1) Full year April 2018 to March 2019:
Net income rose to Rs 166.61 crore from Rs 164.52 crore, while NPM increased net profit by 10.78 percent to Rs 17.96 crore from Rs 17.51 crore, and earnings per share increased from Rs 15.38 to Rs 15.68.
(2) Third quarter October 2019 to December 2019:
Net income increased by Rs. 44.20 crore from Rs. 40.06 crore to Rs. 44.20 crore. Net profit increased from Rs. 4.43 crore to Rs. 4.96 crore and earnings per share increased from Rs. 3.91 to Rs. 4.38.
(3) First nine monthly April 2019 to December 2019:
Net income is Rs.136.53 crore, net profit is Rs.16.13 crore, and per capita nine monthly income is Rs.14.24.
(4) Expected Full Year April 2019 to March 2020:
NPM is expected to earn a net profit of Rs.18.66 crore, up 10.8% from the expected net income of Rs.
(5) Valuation: Single B:
The value of the single-digit value can be as high as Rs 132 even if the company is limited to 8 / P / E of the Diaz and Pigment industry, giving the company a P / E of 8. The stock which is currently available on BSE, NSE at Rs96.90 per share for the full year 2019-20 is expected to be Rs 16.51 per share and P / E of only 5.86 against the expected book value of Rs111.28.
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 resources for lecturers such as Broking House, Promoter Views, Individual Research Analyst, portfolio management or their team may be of direct or indirect interest. (3) It is advisable and advisable to maintain a 20% stop loss exclusively from the Reachers price. (4) Valuation H, BB, BBB, top gainers are all possibilities, so don't be tempted to invest. (5) Usually, 6 out of every 10 scrips are true and 4-4 scrips are wrong. (6) The answers given in the feedback e-mail: arjuneyems@gmail.com also apply to all the above points. (7) The reader, the investor, should take his own personal decision 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.
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