In the new week, the Sensex 31633 rebounded 30688 to 30222
- In the new week, the Sensex will see 2 breaks and 2 nifty spot 3 repairs.
(Gujarat News Representative) Mumbai, Saturday
Indian stock markets are likely to become more bullish in the coming weeks as India is besieged by the Corona crisis. Corona epidemic continues to ravage the world. Now worrying transition in India is adding thousands of positive cases daily. 5 days lockdown has become inevitable. Prime Minister of various states has a video conference with the chief ministers till the end of Punjab and Ottawa. Now, there are other countries in the country, including LDCs With only the formality of the Prime Minister announcing the prolongation of the knockdown, it is quite possible that global markets will become more turbulent in the coming days due to the crisis that has plagued the Indian economy with the global economy.
Look at the new expected package for economic crisis relief: Look at inflation figures for February's IIP, China, US
Despite the central government giving a package with relief to the people in the economic crisis that has been triggered by the Corona epidemic, it is still imperative to give huge financial package to the companies, industries and industries struggling with the epidemic unemployment situation in the country, and the preparations for the economic package are coming soon. The markets will look at the expected package. With this, we will now look at India's Industrial Production Growth Index (IIP) for the first three months of next week, Monday, April 7, and on the same day, the inflation figures for March. While international oil firms have agreed to cut production in a virtual meeting held by OPEC and non-OPEC countries on the international front, international prices of crude oil have been staggering, which will keep an eye on prices. Don't be surprised if Indian stock markets see a major upturn in the next week amid global markets eyeing how Corona's grave situation is changing in the coming days with rising unemployment in the US. So the next week's Sensex reflects sharply. There will be a possibility of 2 breaks.
Dark Horse: Cordes Cable Industries Ltd.
BSE (1) and NSE (CORDSCABLE), Listed, Rs. 1 Paid-up, Established by Group of Professionals in Year 1, I ISO 9001: 2008, ISO 18001: 2004, OHSAS 18001: 2007 CERTIFIED, holding 1.8% promoter holding Cords Cable Industries Ltd., Cord Cable Industries Ltd., high quality instrumentation cables, thermocouple cables, LV power, control, and customized design cables for various industries such as power, oil & gas, refineries, steel, Si. Brent, a water diselinesana, metro rail, airports and manufacturing companies, while India's largest manufacturer of cables etc.
Manufacturing facilities and products:
The company has a manufacturing capacity of 5,3 kilometer cables annually in two units of Chopanki and Kahra. In which, the company has a manufacturing facility of 4 km LV Power, Instrumentation, Control and Special Cables at an area of 5 square meters at Chopanki-Bhiwadi unit in Rajasthan. While in West Bengal, Kolkata-Kahrani unit has facilities for the production of 1.5 km of control, instrumentation, fieldbus, PV solar, EPR insulated and other special cables.
The company generates 8% of total revenue from instrumentation and data cables and the remaining 8% from power cables. The company supplies its products to various end users metro, refineries, capital goods, real estate sectors, power, airports, railways etc. 5% of the orders are provided by the company on the basis of customer requirement. The company receives its raw material requirements mainly from Copper Vedanta, Hindalco, Icos and some imports. The company also diversifies its customers. No one receives more than 3-5% of revenue from a single customer and the company's customers are distributed in different industries. The government and PSU-PSUs account for 5% of the company's revenue and receive the rest from private sector companies.
With the government's focus on infrastructure development, major metro rail construction and railway upgrade projects are being undertaken in various cities across the country, with major business opportunities coming through the freight corridor in the coming years. With Indian refineries also implementing BS-1 by April 1, the refineries business is expected to be around Rs 1 crore in the next two to three years. Cordus Cable for Metro Railways is an affiliated and approved-approved vendor of all metros in India, supplying for metro Lucknow, Chennai, Delhi, Hyderabad, Kochi, Bangalore, Mumbai, Jaipur etc. Signal cables are supplied by cord to special cables metros to have major opportunities. On the other hand, the Indian government has told thermal power projects to reduce toxic pollution. There are good business opportunities from fuel gas desulphurization projects, which are estimated to last longer. Cord Cable is a recognized vendor for supplying all types of cables, and the company has a large share in supplying fertilizer projects. The company currently has an annual production capacity of 1.5 kilometer. Against which the company will use up to 5% of the installed capacity. So that the company has sufficient production capacity.
Order Book:
The company currently has an order book of Rs 1 crore. Of which, hydrocarbon sector accounts for 5%, power sector 5.4%, metro and freight corridors 5% and orders from FMCG, cement, metals, water and fertilizer industries.
Freight Corridor:
Indian Railways is the builder of two world class freight corridors at a cost of Rs 1 lakh crore in freight corridors.
Metro Railways:
The metro rail project proposes to implement the metro rail system in 4 cities. Currently, 5 km of metro rail line is under construction.
Oil-Gas:
Security measures and demand for replacement and new specialty cables are expected.
Hydrocarbons:
Refining companies are planning to invest Rs. 1 crore to upgrade refineries to meet Euro 1 norms.
Power field:
The power cable market is projected to grow 5 to 7.6 times in the coming years.
List of Top Customers:
The company's local clients include Bhel and Larsen & Toubro, among others, Honeywell, Indian Oil Corporation, Hindustan Petroleum Corporation, ONGC, Bharat Petroleum Corporation, Mr. Cement, Sun Pharma, GE, Hitachi Group Company Ansaldo STS, Jubilant Ltd, Jubilee Ltd. NTPC, ACC, ABB, Siemens, Alstom, Emerson, Asian Paints, Sun Pharma, Cairn , Engineers India, Essar, Tata Steel, Nuclear Power Corporation of India, Quanet PowerGas Ltd., Projects and Development India Ltd., Gail India, Tata Power, National Chemicals and Fertilizers, India Glycols, Delhi Metro Rail Corporation Corporation, Hindol. .Sail, Tata Projects, Thermax, Power Grid Corporation of India, Ambuja Cements, Indalko include Industries, Tata Consulting Engineers, Damodar Valley Corporation, Tata Chemicals, Jindal Steel & Power, Orissa Cement, Ariva T & D Systems, Dalmia Cement India Ltd., Including Haldia Petrochemicals.
International clients include L&T Oman, Magadi Soda, Saudi Electricity Company, Excel Technical and Industrial Supplies LLC, Petroleum Development Oman, Sidam Veolia, Arabian Bimco Contracting Company Ltd., Yemen Petroleum Company, ITC, Dodsal.
Book value:
Expected to be expected for March 5, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, Rs 5 for March 5, expected at March 5 at Rs 5, expected by March 5 at Rs. As of March 3, Rs
Share holding pattern:
Promoter Sahani Family Holdings holds 5.7%, Foreign Portfolio Investors have 1.8% holding, Corporate Bodies hold 5.9%, Mukul Agarwal owns 5.7%, Individual share capital holders up to Rs. General Chat Chat Lounge
Financial results:
(3) Full year April 1 to March 3:
Net income increased from Rs 1.8 crore to Rs 1.8 crore, while NPM increased net profit by 8.5 percent to Rs 9.5 crore and earned revenue per share by Rs. Was.
(3) Third Quarter October 7 to June 3:
Net income increased from Rs 1.5 crore to Rs 1.8 crore, while NPM increased net profit by 8.5 percent to Rs 9.5 crore, and quarterly revenue per share rose to Rs. Did.
(2) First nine monthly April 1 to December 3:
Net income increased from Rs 1.8 crore to Rs 1.8 crore and net profit increased to Rs 1.8 crore compared to Rs 1.8 crore, and achieved 9 monthly earnings per share.
(3) Expected Full Year April 1 to March 3:
Expected net income is estimated at Rs 1.8 crore, with net profit at Rs 1.8 crore, and earnings per share is expected to be Rs.
(3) Expected Full Year April 1 to March 3:
Expected net income is expected to be Rs. 5 crore, with expected net profit of Rs.
(2) Valuation: B:
Against an industry average of 5.7 P / E, Cordless Cable Industries will be limited to the company giving a P / E of only 5 if the stock can stand at Rs. For which the valuation single m.
Thus (1) holding 5.4% promoter (2) high quality instrumentation cables, thermocouple cables, LV power, control, and customized design cables for various industries such as power, oil & gas, refineries, steel, cement, cement, One of India's largest cables manufacturer for manufacturing metro rail, airports etc. (1) Freight Corridor, Metro Railways, Smart Saw Through the government's mega plans for teas and infrastructure development and upgrading of Indian refineries as well as power, there are huge opportunities for business in the oil and gas sector. (1) The expected net profit for the full financial year 1-5 is Rs. 5 crore and the expected earnings per share is Rs. NSE, BA against the expected book value of Rs. 5.7 from book value of Rs. 5 and expected earnings per share of Rs. E-Rs .28.70 at year 201920ni expected earnings of 4.59 to P / EA and old 202021ni P / EA of 3.78 in earnings 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, Mm, Mm, 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) Feedback E-mail: The answers given in Chilehiyasjjaryaschain.rbs 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.
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