The Sensex will hover between 44777 and 43000 in the new week

(Gujarat News Correspondent) Mumbai, Ta. 21 November 2020, Saturday

With the worldwide resurgence of coronavirus infections and the rise of cases in the second and third wave raising concerns around the world, good progress is also being made in vaccine development for coronavirus resistance and more mega-stimulus measures to revive the economy in the US and Europe. Erosion has stopped. With the Modi government's commendable efforts to get the Indian economy back on track, foreign fund-foreign portfolio investors, who are seeing huge growth opportunities in India in the coming days, have become relentless buyers of stocks. But as there are still many challenges on the economic front and the situation is likely to deteriorate in the new wave of Coro's transition, the rise in stocks will still need to be cautious. As next week is the last week of the November trend in derivatives, it is likely to remain volatile in the event of turbulence and easing of the overboat position. So next week, the Sensex could be seen hovering between 7,000 and 7,000 and the Nifty between 19,111 and 12.

Dark Horse: Swelect Energy Systems Ltd.

BSE (2021), NSE (SWELECTES) listed, Rs. 10 paid-up, Svilect Ng: Systems Ltd. (formerly known as Numeric Power Systems Ltd.) (Swelect Energy Systems Ltd.), 1: 1 share bonus in 2009, 1 in 2016 The company is one of the leading solar power systems companies with a strong presence in the global NGO market for more than 3 years, with a bonus equity of 2.41% of the total equity through two bonus issues. The basic strength of Swilact is technical expertise, which is sophisticated for Solar PV Modules, Solar PCUs, Servo Stabilizers, Structural and Electrical Balance of Systems (BOS) such as Module Mounting Structures (MMS), AJBZ etc. The company has become a major EPC entrepreneur and a fast growing independent power producer in the Indian Clean NGO market. Svilect is accredited by Bloomberg New NGO Finance (BNEF) as a Tier One Solar PV Module Manufacturer. Svilect has also received certification from the Bureau of Indian Standards (BIS) for its solar PV modules, including high efficiency PERC modules. The company has more than 3 years of experience and a team of experts in power electronics. The company is constantly working with its customers to meet the need through their technological innovation.

Manufacturing facilities:

The company has the capability to implement solar power projects in small as well as large scale. The company has a manufacturing capacity of 150 MW, with a total of more than 5,000 installations of 150 MW. The company's state-of-the-art manufacturing plant at Bangalore Dabaspet has a fully automated manufacturing facility with 150 MW class 1,00,000 dust free, clean-room, world class PV module HHV Solar Technologies (SVS). The company has a Balance of Systems (BOS) manufacturing facility at Salem in Tamil Nadu. Which has full range of Electrical and Mechanical Balance of Systems (BOS) Solar PCUs, Module Mounting Structures, AJBs, ACDBs, DCDBs etc. The roll-forming machines installed at this plant have a capacity of 10 MW of monthly MMS every three days with a life expectancy of 1 MW throughput for 60 years. This facility is also offered by Servo Stabilizers.

As an EPC contractor, Swilact Turnkey Solar assists customers in everything from the design concept to the operation of their plant, including cost quality criteria. These include Site Survey and Feasibility Study, Detailed Engineering Design, Material-Equipment Procurement, Project Execution, Testing, Erection and Operation, Operation and Maintenance. As a Solara Project Developer owns and operates Select Multiple Utility Grade Solar Projects. These projects have tie-ups with government bodies under various state and national solar programs. In addition, the company offers a wide range of Solar NGOs for quality products such as Solar Photovoltaic Modules-Smart PV Modules, Solar Charge Controllers-MPPT and PWM, High Efficiency Inverters-Grid Tie, Hybrid, MID, B-Directional, Mini Systems, LED lighting solutions, etc. This includes on-grid utility scale SPV parks, off-grid and hybrid systems with NGO storage, project execution, testing, erection and operation, operation and maintenance.

Swilk offers solar water pumping systems, which are easy to install and operate. Solar water pumping systems are cost effective and eco-friendly. The company has a 1.5 MW wind farm in Dharapuram-Tamil Nadu. In Solar Power Parks-EPC, the company has 60 MW solar power plant, in Karur-Tamil Nadu, 10 MW solar power plant, Trichy-Tamil Nadu, 10 MW in Kunigal-Karnataka, 7.5 MW, Karur-Tamil Nadu. In Nadu, 3 MW Tirupur-Tamil Nadu, 1.5 MW Hosur-Tamil Nadu, 1.1 MW Coimbatore-Tamil Nadu, 1 MW, Sivagangai-Tamil Nadu have various capacity in both utility and rooftop projects. With this, the company has built the first 100 KWP CIPET of its kind in India. The company has successfully commissioned a 4.5 MW SPV power plant for a leading dairy processing unit in Tamil Nadu. With this, Svilakt has been selected as its preferred green NGO partner by a leading software company in Bangalore. The company has successfully commissioned a 1.5 MW SPV plant for the ISRO-Indian Space Research Organization. Which is one of the most prestigious installations ever. The company has successfully commissioned 15 MW utility-sized SPV power plants for the spinning and textiles industry in Tamil Nadu. Svilect has added 20 MW IPP projects for various reputed customers including Mini Ratna-Category One Public Sector Enterprises.

Subsidiary:

The company's subsidiary Amex Alloys Pvt Ltd is the first foundry group in India to offer steel / Aryan / investment casting under one umbrella. The subsidiary has received new orders from its existing customers and new customers from Europe. The company uses 30% of its total electricity consumption from renewable NGOs. It also uses 30 to 40% of reclaimed sand. The company, among other subsidiaries, includes Svilect NGO Systems PTE Ltd.-Singapore, Svilect Inc. USA, Swilak NGO Systems LLC, USA, Swilak Solar NGO Pvt Ltd, Noel Media & Advertising Pvt. Ltd.-India, KJ Solar Systems Pvt. Ltd.-India, Svilect Power Systems Pvt. Ltd.-India, Select Green NGO Solutions Pvt. Ltd.-India.

Covid 15 has disrupted supply and demand in the power sector, increasing pressure on all stakeholders. The industry has also seen a retreat in capacity addition. Despite all these challenges, the Indian renewable industry has been able to safeguard the interests of its stakeholders with a vision of long-term sustainable growth.

Bonus issue:

1: 1 share bonus in the year 2009, 1: 2 share bonus in the year 2012

Share holding pattern:

Among promoters, Satish Chandra Shantilal Doshi has 1.4 per cent, Hitesh Satish Chandra Doshi has 1.4 per cent, Pratiksha Satish Chandra Doshi has 1.4 per cent, BG Giri has 1.04 per cent. Satish has 1.15 per cent, corporate bodies have 1.4 per cent and individual shareholders up to Rs 3 lakh have 12.50 per cent.

Book value:

The company has cash of Rs. 20.5 for March 2018, Rs. 2.15 for March 2018, Rs. 3.15 for March 2017, Rs. 2.5 for March 2018, Rs. 4 for March 2020, Rs. 203 for March 2021, with company cash And other debt mutual funds have a combined investment value of Rs 20 crore, adding Rs 15 per share, with a book value of Rs 5 expected for March 2021.

Financial Outcome:

(1) Full year April 2012 to March 2020:

On a consolidated basis, net income rose to Rs 2.71 crore from Rs 2.7 crore, a net loss of Rs 10.15 crore compared to a net profit of Rs 4.5 crore, a net loss of Rs 2.31 per share.

(2) First quarter April 2020 to June 2020:

Net income rose to Rs 2.8 crore from Rs 2.50 crore, compared to a net loss of Rs 4.5 crore last time, with a net profit of Rs 11.5 crore and earnings per share of Rs 4.5 crore. .

(2) Second Quarter July 2020 to September 2020:

Net income fell 3 per cent to Rs 2.15 crore from Rs 20.5 crore, net profit rose 5 per cent to Rs 10.17 crore from Rs 2.8 crore, quarterly earnings per share rose to Rs 4.5 crore Achieved .50.

(2) First Half Yearly April 2020 to September 2020:

Having earned a net income of Rs. 116.5 crore, it has achieved a net profit of Rs. 21.50 crore and half-yearly earnings of Rs.

(2) Expected full year April 2020 to March 2021:

With an expected net income of Rs 5 crore and a net profit of Rs 5 crore, the full-year earnings per share is expected to be Rs 41.18.

(2) Valuation B:

The company has been getting an average P / E of 12 against the average P / E of the industry for the last five years. Even if we give the same P / E, it can go up to Rs 4, which considering the current situation.

Thus (1) having 2.4% promoter holding (2) 1: 1 share bonus in the year 2006, 1: 2 share bonus in the year 2015. Thus having two bonus issues, 2.41% bonus equity in total equity. One of the leading solar power systems companies with a strong presence in the global NGO market. The expected book value is Rs. 305, which is Rs. 15 per share with investment value in cash and debt mutual funds. The stock is currently available at a price of only 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. (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. (2) 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.