The Sensex will hover between 44333 and 42555 in the new week

(Gujarat News Correspondent) Mumbai, Ta. 14 November 2020, Saturday

The Indian government was also forced to announce a self-sufficient India 2.0 stimulus package last week in a bid to get the global economy back on track with a new round of global epidemics. Incentives have been given to industries, including the agricultural sector, but the Reserve Bank of India has said that the economy is in a historic technical recession and GDP growth has been negative at 7.5 per cent for the second consecutive quarter ending September 2020. The economy contracted by 3% from April to June. With these figures, India entered a technical recession for the first time in history in the first half of 2020-21, according to a report published by Navcast, a warning sign for the economy. Which cannot be ignored by any means and this picture of the economy is also a warning sign for the Indian stock markets. The stock markets are currently witnessing a new historic boom in the steady influx of foreign funds, but the boom is now at a risky stage and investors are advised to tie the knot.

RBI warns of recession: Market at risk: Need to ease

The RBI's warning signal for the economy is not to ignore the report of the economy entering a technical downturn. RBI figures show that despite the decline in sales by companies, operating profit has increased through cost-cutting measures. Vehicle sales figures came in October with an increase in liquidity in banking. If this uptrend is maintained, the Indian economy will return to growth in the October-December quarter. However with the risk of price pressures there is a huge risk for global growth from the second wave of Corona virus outbreak. According to the report, we are in a challenging time, the third biggest risk is the extraordinary stress on households and corporations, which has been pushed back, but has not gone away and this stress could spread to the financial sector. In view of this warning, the current boom in the Indian stock market is now at a risky stage, so it would be advisable for investors to relax their holdings in stocks and keep 50 per cent cash on hand. Profit booking will be required at any time as the market is likely to be volatile. So next week, amid caution, the Sensex is likely to fluctuate between 7 and 8 and the Nifty between 19 and 19.

Dark Horse: Gillette India Ltd.

BSE (20917), NSE (GILLETTEE) listed, Rs 10 paid-up, 20.15 per cent of the promoter holding of 20 per cent Procter & Gamble Overseas India B.V. And 7.5 per cent Gillette Diversified Operations P Ltd. GILLETTEE INDIA LTD, a fully debt-free multinational GILLETTEE INDIA LTD, which issued a 1: 1 share bonus in the year 2016, has a reserve of Rs 21.5 crore, was launched on February 14 as Indian Shaving Products Limited. Gillette Company Inc. USA. And Poddar Group of India as a joint venture company. The company specializes in manufacturing and sales of branded packaged fast moving consumer goods grooming and oral care businesses. The company has its own manufacturing facilities at Bhiwadi in Rajasthan and Badi in Himachal Pradesh, besides conducting third party manufacturing in various parts of the country. The company operates in two segments, namely personal grooming and oral care. Personal grooming has blade razors and toiletries. While the oral care segment includes toothbrushes and oral care products.

In the year 190-21, the company completed the capacity expansion for the manufacture of the 2nd Clock Eject Pitu Twin Blade Shaving System. On February 19, the company launched Gillette Presto Radishever and launched Gillette Shaving Products in India. Along with this the company introduced the internationally popular brand Oral B under the Toothbrushes Distribution Agreement. The company was renamed Gillette India Limited in January 2000 after merging with Duracell (India) and Wilkinson Sword India. The company has introduced several products in the oral care segment in the following years, including the introduction of the Gillette Satin Care Series for Women. In October 2006, Procter & Gamble, USA Gillette became the largest consumer products company in the world when it was acquired by the USA. In India, Procter & Gamble operates as a separate company in the USA. The company operates under the unique and proven global business unit market development organization structure of P&G. Procter & Gamble U.S.A. The distribution agreement was terminated in February 2016 after the company decided to sell its Duracell business globally.

The company's products include razors, trimmers and blades including Proglide Razors, Fusion Razors, Body Razors, Disposable Razors, Replacement Blades and Trimmers and Pre and Post Shave Products - Gels and Forms and Skin Care.

Share holding parton:

Out of 8% promoter holding, 20.12% Procter & Gamble Overseas India B.V. And 7.5 per cent Gillette Diversified Operations P Ltd. Aditya Biral Sunlife Trustee Pvt Ltd owns 7.5 per cent of the mutual funds, Foreign Portfolio Investors 1.7 per cent, Life Insurance Corporation of India 7.5 per cent, Adventz Financial Pvt. Percentage, Overseas Corporate Bodies Globalware Trading and Holdings Limited holds 1.7 per cent and thus the public has an individual share capital of up to Rs 3 lakh, holding only 4.5 per cent.

Dividends:

200% in 2014, 150% in 2014, 30% in 2014, 30% in 2014, 20% in 2020

Book value:

Rs.5.5 in June 2016, Rs.12.5 in June 2016, Rs.312.05 in June 2016, Rs.2.5 in June 2018, Rs.2.51 in June 2020, Rs.

Financial results:

Gillette India Limited having a financial year ending June ...

(1) Full year July 2018 to June 2020:

Net income rose to Rs 12.5 crore from Rs 121.5 crore, net profit fell to Rs 20.15 crore from 12.5 per cent NPM, compared to Rs 2.8 crore, and earnings per share fell from Rs 4.31 crore to Rs. Achieved .90.5.

(3) First Quarter July 2020 to September 2020:

Net income rose 11.5 per cent to Rs 217.50 crore from Rs 2.50 crore. Through productivity and one-time support, the company posted a net profit of Rs 12.5 per cent through NPM, an increase of 9 per cent from Rs 21.5 crore to Rs 5.5 crore. The quarterly earnings per share has increased from Rs 12.5 crore to Rs 4.5 crore.

(2) Expected full year July 2020 to June 2021:

Expected net income is expected to grow by 12 per cent to Rs 12 crore and NPM is expected to grow by 2.4 per cent to Rs 4 crore.

(2) Valuation: B:

The company is generally getting a P / E of 3 against the average P / E of 30 in the personal care industry, which even if we give the company an average P / E of this industry can raise the share to Rs. Considering the market situation, Valuation Single B. J shares are currently available at a P / EA of Rs.

Thus (1) Out of 5% promoter holding, 30.15% Procter & Gamble Overseas India B.V. And 7.5 per cent Gillette Diversified Operations P Ltd. (2) Issued 1: 1 share bonus in 15 years, (2) has reserve of Rs.21.7 crore, is completely debt-free (2) First quarter July 2020 to September 2020, net profit increased by 4.5% to Rs. 2.4 crore, quarterly earnings per share increased from Rs. 18.5 to Rs. 3.5, (2) expected full year net profit from July 2020 to June 2021, net profit of Rs. 5 crore, expected full year earnings per share of Rs. The stock is currently available at a P / EA of 3.05 at a closing price of Rs 4.5 on Friday, November 12, 2020 against the expected book value of Rs.

Out of the 5 recommendations made as Dark Horse, it is recommended to book profit by selling 5% of the shares bought in 16 scrips.

Out of the 5 Scripps recommendations made as Dark Horse, it is now recommended to book a profit by selling 5% of the number of shares bought in 15 Scripps. In these 12 scrips ...

(1) Dynamic Products Ltd. (2) Explio Solutions Ltd.

(2) Global Spirit Ltd. (3) HDFC Life Insurance

(2) Indo National (2) Jash Industries

(2) Mazda Ltd. (3) Nuclear Software Ltd.

(3) SBI Life Insurance Ltd. (10) Sahyadri Industries Ltd.

(11) Triton Valves Ltd. (12) Vishaka Industries Ltd.

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, 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.