The Sensex will hit between 45022 and 43222 in the new week

(Gujarat News Correspondent) Mumbai, Ta. 28 November 2020, Saturday

Amid claims of success of the corona vaccine with a worrying increase in the transmission of the corona virus, foreign portfolio investors-FPIs and FIIs in the Indian stock markets on a daily basis are facing a new investment flow of tens of thousands of rupees. Despite concerns over Corona's transition, the country is expected to take some more easing-liquidity measures in its lending policy review next week in an effort to get the economy back on track with a rapid recovery. But now in the coming days, along with the positive factors, the bullish trade in stocks is likely to ease, so caution will be necessary. Even in the last few days, small and mid-cap stocks have seen a wide-ranging bullish storm, so be careful not to get bogged down in stocks of companies with weak fundamentals.

Look at the Reserve Bank's lending policy review on Friday: Stock markets will be closed on Monday for Guru Nanak Jayanti

In the new week, the stock markets will be closed on Monday, November 30, 2020 on the occasion of Guru Nanak Jayanti. So, in the coming week of four trading days, we will keep an eye on the Reserve Bank of India's lending policy review on Friday, December 4, 2020. Along with this, the figures for automobile companies' vehicle sales for the month of November 2020 and India's market manufacturing PMI for November will be released on Tuesday, December 2020 and the services PMI will be released on Thursday, December 3, 2020. On the international front, global markets will be eyeing the manufacturing PMI figures for China and the US Eurozone for November 2020. Among these factors, the Sensex is likely to fluctuate between 205 and 6 and the Nifty between 16 and 17 next week.

Dark Horse: ISGEC HEAVY ENGINEERING LTD.

Only BSE Listed (206), Rs. 1 Paid-up, ISGEC Heavy Engineering Ltd. (ISGEC HEAVY ENGINEERING LTD.), ISO-9001: 2008, ISO 14001-2004, OHSAS 18001: 1999, National Board of Boilers and Boilers -USA. Certified, CE Certified, China Safety Quality Licensed, 1: 2 bonus in 19 years and 1: 1 bonus in 191. Thus, through two bonus issues, 2.00% of the total equity is equal to the bonus equity, 1% of the annual income and 10% of the profit. And the rest is a company derived from manufacturing as well as EPC-engineering, procurement and construction. In sugar, the government is likely to raise the minimum support price by Rs 5 per kg on domestic sales and is likely to announce a big subsidy package for exports soon. The company reported a 5 per cent increase in manufacturing-equipment profit (PBIT) and a 15 per cent increase in the EPC segment in the first six months of the current financial year 2020-21, from April to September 2020, while sugar grew by 150 per cent. The company had made a profit of Rs 2.50 crore from sugar for the full year ended March 31, 2020. While in the first half of the current financial year, a profit of Rs 2.17 crore has been recorded from Sugar and the same profit as in all segments of the full year 31, March 2020 has been recorded in the first half of the current year.

The company mainly in the field of engineering (1) Process Equipments (2) EPC Power Plants (3) Boilers (4) Sugar Plant and Machinery (4) Presses (4) Steel Castings (4) Aryan Castings (4) Contract Manufacturing (Manufacturing) Containers and Engineering and Projects (a) Power Projects (b) Oil & Gas (c) Fertilizers (d) Chemicals (e) Steel (f) Cement (g) Sugar Plants and Distilleries (h) Building Material Handling (i) Industrial Wastewater Treatment (J) Pollution Control Equipment (K) Automobile (L) Covering the defense industry, the company has customers in 21 countries. The company has manufacturing plants in Yamunanagar-Haryana, Ratnagadh-Haryana, Bawal-Haryana, Dahej-Gujarat and Muzaffarnagar-Uttar Pradesh in India and facilities in Winder-Canada abroad.

ISGEC Heavy Engineering has entered into agreements with a number of companies around the world, including (1) Envirotherm GmbH, Germany: Licenses and co-operation agreements for design, engineering, manufacturing and operation of ESPs up to 1000 MW. (2) Amec Foster Wheeler, USA: License Agreement for PC Fired Boilers Up to 1000 MW Capacity (2) Bosch Projects, South Africa: Technology Transfer for Chailless Can Diffusers (3) Sumitomo SHI FW Energia Oy, Finland: 5 May Collaboration Agreement for CFBC Boilers and Oil and Gas Fired Package Boilers with Capacity up to 30 TPH (2) Thermal Engineering International (TEi), USA: Breach Lock Heat Exchangers, Waste Heat Recovery - Process of Waste Heat Boilers, Sulfur Condensation Technology Agreement for Exchangers (2) CB&I Technology Inc., USA: Technology License Agreement for Helix Heat Exchangers (3) Hitachi Zosen Corp, Japan: Critical Heat Exchangers for Chrome-Molly Vanadium Reactors and Fertilizer Industry Sweden: Press Hardening Lines for Forming of High Strength Steel Automobile Body Parts (2) Babcock Power Environmental Inc. USA (10) BHI FW Corporation, South Korea (11) with Siemens Heat Transfer Technology BV Netherlands for Hit Recovery Steam Generators

Joint venture:

ISGEC Hitachi Zosen Ltd.-31% ISGEC and 5% Hitachi Zosen Corporation-Japan (2) ISGEC Titan Metal Fabricators Pvt Ltd-51% Holding and Titan Metal Fabricators-USA ISGEC SFW Boilers Pvt Ltd has 31 per cent and Amec Foster Wheeler (now Sumitomo SHI FW Energy, OY has 3 per cent, ISGEC Readychem Enviro Solutions Pvt Ltd Ecm Rey). .

Subsidiaries:

(1) 100 per cent share holding Saraswati Sugar Mills Ltd. (2) 100 per cent holding ISGEC in Kovi Ltd. (3) 100 per cent holding ISGEC Exports Ltd. (3) 100 per cent holding ISGEC Engineering and Projects Ltd. (3) Egil. -Canada (2) Free Look Software Pvt. (3) ISGEC Investment PTE Ltd. Including.

List of leading customers:

Shell, BP, Ford, ABB, Larsen & Toubro, GE, Tata, Indian Oil Corporation, Alstom, Exxon Mobil, Maruti Suzuki, Toshiba, Siemens, EIL, Mitsubishi, Toyota, Aditya Birla Group, Mahindra, Reliance, India Petroleum Corporation, Hindustan Petroleum Corp, NTPC, Nuvoco, Dalmia India, Godrej, BHEL, Toyo Engineering, Rights, Rail Development Corporation Limited.

Dividends: 200 per cent in 2015, 200 per cent in 2015, 150 per cent in 2015, 200 per cent in 2016, 200 per cent in 2020

Book Value: Rs. 4 for March 2020, expected Rs. 4.05 for March 2021, investment value, bank balance including Rs.

Shareholding pattern: Promoters have 2.7 per cent with Puri Parivar, Mutual Funds have 11 per cent, L&T Mutual Fund has 2.4 per cent, Caner Robeco Mutual Fund has 1.04 per cent, Sundaram Mutual Fund has 1.7 per cent. Reliance Capital Trustee has 2.7 per cent, Foreign Portfolio Investors 1.9 per cent, Goldman Sachs India 1.4 per cent, HNI Ranjan Tandon 3.9 per cent, Shree Parasram Holding Pvt Ltd Rs 4.5 per cent and Rs. Individual shareholders holding up to Rs.

Company Subsidiaries, Debentures-Bonds, Investments in Mutual Funds and Bank Balances: As on March 31, 2020, the total investment value of the company in subsidiary companies is Rs. 18.5 crore. Bonds and debentures and mutual fund units together have a combined investment value of Rs 21.5 crore and a bank balance of Rs 12.5 crore. This brings the total to Rs 3 crore and its value per share is Rs 31.

Financial Result: Consolidated:

(1) Full year April 2018 to March 2020: Net income increased by 15% to Rs. 3.08 crore as compared to Rs. 2060.8 crore, net profit increased by one per cent from Rs. 12.5 crore to Rs. 12.71 crore per share. Income rose from Rs 12.5 to Rs 19.5.

(2) First quarter April 2020 to June 2020: Net income decreased by 10.7 per cent to Rs 1,050.5 crore as compared to Rs 114.5 crore and net profit increased by 4.5 per cent to Rs 31 from Rs 4.5 crore. 4 crore and has achieved a quarterly earnings per share of Rs. 3.31.

(2) Second Quarter July 2020 to September 2020: Net income fell 3 per cent to Rs 12.5 crore from Rs 120.5 crore, net profit rose 31 per cent to Rs 2.8 crore per quarter from Rs 2.15 crore. Revenue has achieved Rs.

(2) First Half Yearly April 2020 to September 2020: Net income decreased by 3% to Rs. 216.41 crore as compared to Rs. 4.5 crore and net profit increased by 31% from Rs. 2.31 crore to Rs. Half yearly income has been achieved by Rs.12.05.

(4) Expected full year April 2020 to March 2021: Receiving net profit of Rs. 316 crore and expected net profit of Rs. 31 crore, earnings per share of Rs.

(2) Valuation: B: The company is always getting a P / E of 12 against the average P / E of 12 in the engineering industry, but the expected earnings per share can go up to Rs.

Thus (1) various certified (2) 11 types of engineering industries covering power, oil-gas, fertilizer, cement, chemical, steel, sugar, defense, automobile industry (2) exporting to 31 countries (3) world-class engine (2) Hitachi, a joint venture with Japan and 3 subsidiaries with 100% holdings, (2) two bonus issues, 3.04% bonus equity, (3) a profit of Rs. 2.15 crore from Sugar in the first six months of the current financial year. Has been paid and has registered a profit equal to the profit earned in all segments for the full year 31st March, 2020 in the first half of the current year. (2) The expected book value as per the expected earnings per share for the full year 2020-201 is Rs. Investments in subsidiaries, bonds-debentures and mutual fund investments as well as bank balances with a value of Rs 5 crore at a price of Rs 41 per share against the expected book value of Rs 3.05 against a paid-up share of Rs 1 currently on the BSE. A P / EA of Rs.

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. (3) Our resources for researchers may be of direct or indirect interest, such as broking houses, 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 of Gujarat Samachar will not be responsible for your loss. So invest by recognizing the risk of the stock market.