The new week will see the Sensex collide between 31777 to 30777 and the Nifty spot 9333 to 9111.

(Gujarat News Correspondent) Mumbai, Ta. 16 May 2020, Saturday

With the huge economic stimulus package announced by many countries in the wake of the Corona epidemic, many countries have started offering major reliefs in lockdowns to get the economy back on track. Now, what about the fourth round in India after the third phase of lockdown ending on May 12, 2020? Everyone's meat is on it. The Modi government has announced a stimulus package of Rs 20 lakh crore with the mission of making the country self-reliant in the economic crisis and has given relief to Finance Minister Nirmala Sitaram in three different areas for agriculture, MSME sector, real estate and other sectors, but the stimulus package Relief-incentives are not made public and the new economic policies of the central government Foreign funds mitigating prompt depends on the indigenization mission is also selling large stocks precautions during the week. This protectionist policy and the protracted lockdown in metropolitan areas with stringent conditions are likely to increase the offloading of funds in stock stocks. So caution will be required to follow the index based rebound.

Crude oil prices rise again as global lockdown eases: India looks at fourth-round lockdown guidelines

The fourth round of lockdowns across the country is set to begin on May 12, 2020, with delays in industrial and economic activity in India and Europe, including the United States. With the onset of global economic and industrial activity and cuts in crude oil production by OPEC countries, crude oil prices have risen to ન્ટ 2.50 for Brent crude and ૪૩ 4.5 for Nymex crude. So the market will also keep an eye on crude oil prices next week.

Look at the results of Bajaj Auto, Dr. Reddy's Lab., Ultratech Cement, Bajaj Finserv, Bajaj Fi.

With next week's corporate results season, the results of Bajaj Finance will be announced on May 12, May 2020, Bajaj Auto on May 30, 2020, the results of Dr. Reddy's Laboratories and Ultratech Cement as well as the results on May 31, 2018 Will keep an eye on. On the global front, Japan's industrial production figures for March will be released on May 12, 2020, while manufacturing, services and composite PMI in the US will be released on May 21, 2020 for the month of May 2020. In the new week between these factors and events, the Sensex will be seen hovering between 215 and 203 and the Nifty will be hovering between 9 and 2111.

Dark Horse: HDFC LIFE INSURANCE CO. LTD.

Listed on BSE (303), NSE (Rs. 10 lakh), Rs. .) Is one of the most profitable life insurers based on the value of new business margins. In the year 2000, HDFC (one of India's leading housing finance institutions) and Standard Life Aberdeen Plaque, one of the largest investment companies in the world. In the meantime, as a joint venture, Standard Life Insurance Company, a wholly-owned subsidiary, and Standard Life Mauritius, a wholly-owned subsidiary, have been established. The company currently owns 51.5 per cent holdings in HDFC Limited and Standard Life Mauritius holds 12.5 per cent. The company has a strong network of 21 HDFC Life offices. In addition, 20 partnerships including NBFCs, MFIs and SFBs. The company has more than 3,000 agents. At the end of the third quarter, the company had accumulated a total premium of Rs 2,001 crore. In which new business premium has increased by 12% and renewable premium has increased by 15%.

The company provides various individual and group insurance across India. The company offers a wide range of life insurance plans such as Term Insurance Plans, Women's Plans, Health Insurance Plans, Child Education Plans, Unit Linked Insurance Plans (ULIPs) and Savings Investment Plans. The company has maintained its lead in terms of total new business premiums, increasing its market share in the private sector to 31 per cent from 12.5 per cent in the same period last year. Also has been one of the leading fund managers in India. The debt-equity mix has been 7:45. More than 3% of the company's debt investments have a triple A rating. At the end of December 2017, the net worth increased by 12% to Rs 30 crore. The company has maintained a solvency ratio of 12%. The company had a 51.1 per cent stake in Private Life Insurance's new business premium collection for the 11 months ending February 2020. It was 20.8 per cent in the same period last year.

HDFC Pension Management Company was established in 2013 as a wholly owned subsidiary to operate as a pension fund business under the National Pension System (NPS). The AUM of this pension fund subsidiary at the end of December 2017 was Rs 30 crore. Which is the largest private sector fund manager in India. The company established its first international subsidiary, HDFC International, in the UAE in FY18, which started its reinsurance business.

HDFC Life Insurance has emerged as the largest private insurance company in terms of first year premium consolidation. The company has raised its first-year new business premium by 21 per cent to Rs 20 crore in the first nine months of fiscal 2017. Growth is expected to be sustained by the company's protection and annuity business. The margin value of the company's new business (VNB) stood at 7.5 per cent for the first nine months of FY2030. The value of this new business has increased by 3% to Rs 1,507 crore.

Demand for term life insurance products in the country is likely to increase as a result of the current Corona virus epidemic. In addition, the prevalence of life insurance in India, which has been as low as 7.5 per cent in 2016, has strong growth opportunities. Insurance is classified as essential services during lockdown. The Insurance Regulatory Authority of India (IRDA) has extended a grace period of 30 days for life insurance policyholders to pay their outstanding premiums for March and April 2020. It is important that insurance companies digitize their sales process as much as possible during this lockdown. For this the company is ahead in providing services in the competition. Which has facilities including online portals, websites, mobile apps, WhatsApp bot itty.

Share holding pattern:

Promoters HDFC Ltd has 31.5 per cent, Standard Life Mauritius Holdings 2007 Ltd has 12.5 per cent, mutual funds have 7.5 per cent, foreign portfolio investors have 51.04 per cent and Europacific Growth Fund has End Income Fund has 1.5 per cent and financial institutions-banks have 0.05 per cent. While individual share capital holders up to Rs 3 lakh have 4.5 per cent.

Book value:

Rs.19.5 for March 2018, Rs.12.51 for March 2018, Rs.2.50 for March 2018, Rs.4.05 for expected 2018, Rs.2.5 for expected March 2020, Rs.2.5 for expected March 2021

Financial results:

(1) Full year April 2012 to March 2020:

Earnings rose to Rs 12.5 crore, net profit rose to Rs 19.70 crore from Rs 13.70 crore, up 1 per cent to Rs 12.5 crore, earnings per share rose to Rs 4.5 crore from Rs 4.5 crore. Is.

(2) Expected full year April 2020 to March 2018:

Expected income is Rs. The company is expected to post a net profit of Rs 178 crore with a net profit of Rs 212.5 crore and earnings per share is expected to be Rs 4.1 crore.

Valuation: Single B :

As the company is getting more than 5 P / E against the industry average P / E of 50, if we give the same P / E to the company, it can go up to Rs. 205, but considering the current market situation, the valuation has been given single. The stock is currently available at a P / EA of Rs 30.50 for the full year 2020-21 against the expected EPS of Rs 3.1 and the expected book value of Rs 7.5 at Rs 4.5.

Manoj Shah: Research Analyst (SEBI REG. NO. INH000000107)

The author is a SEBI registered research analyst: Disclosure cum (readers should take special note) Warning: (1) The author has no investment in the shares of the above companies. (2) Our resources for researchers may be of direct or indirect interest to brokers, promoter views, personal research analysts, portfolio management or their team. (3) Maintaining a 30% stop loss from the Reachers price, in particular, is advice and warning. (2) Valuation H, BB, BBB, Top Gainers These are all possibilities, so don't invest temptingly. (2) Generally, out of every 10 scrips, 4 scrips are true and 4-5 scrips are false. This type of research is excellent. (3) Feedback E-mail: All the above points also apply to the answers given in arjuneyems@gmail.com. (2) The reader class, the investor class to take their own personal decisions at personal risk. The writer, editor and anyone else of Gujarat Samachar will not be responsible for your loss. So invest by recognizing the risk of the stock market.