The Sensex will hover between 47888 and 46111 in the new week

(Gujarat News Correspondent) Mumbai, Ta. 19 December 2020, Saturday

Despite Corona's transition to a major country in the world, Corona's concerns remain in India, but positive reports on Corona vaccine development and economic activity in anticipation of a quick stabilization of the situation in 2021, foreign funds are seeing huge opportunities for economic growth in India. Have been buyers. Of course the market has now become an overbought. Going beyond the fundamentals, the share prices of many companies have reached overvaluation. But how long will this storm of funds, which has sustained a record-breaking storm of boom and bust in the fight against stubbornness, not last long? Such reasonable questions are being asked. In this era of overvaluation, the alert male is always reminded that he is always happy. As the year 2020 draws to a close, the game of valuation of funds is likely to come to an end at any moment, so every surge in stocks will be conducive to accumulating profits.

Beware men are always happy: Risk of overvaluation in stocks now: Profits must be booked

On the one hand, foreign funds are making huge purchases in stocks on a daily basis, but on the other hand, local funds are selling on a daily basis. So the boom is over now. Regardless of the fundamentals of the companies, investors are now rushing to the market out of regret. At present, many are looking desolate in their respective businesses for profit, so the villagers are rushing to make a fortune in their home-based stocks. Repeatedly, don't be fooled by this boom. Avoid getting caught up in the record highs in stocks of companies without fundamentals. Stakeholders have become proactive in trapping investors in penny stocks of weaker companies, don’t fall into their trap. Meanwhile, the stock markets will be closed next week on Friday, December 4, 2020 for Christmas. Over the next four days, the corona will look at further development of vaccinations as well as fluctuations in the value of various currencies, including the rupee against the US dollar on the international front, and the upheaval of global markets, with a focus on the steady flow of foreign portfolio investors. Among these factors, the Sensex is likely to fluctuate between 7 and 8111 next week and the Nifty between 1605 and 16 next week.

Dark Horse: Bayer Crop Science Ltd.

BSE (404), NSE (BAYERCROP) listed Rs 10 paid-up, crop protection, Germany with a sales turnover of 20 billion Euros and a group of more than 1.14 lakh employees Non-agricultural Pest Control-Environmental Science and CED Bayer AG of the German multinational Bayer Group, which has been in the field of biotechnology-bioscience for 15 years, has 4.5 per cent, Bayer CropSciences AG has 11.51 per cent, Bayer SAS has 12.5 per cent, Bayer Vapi Pvt. Monsanto Investments India Pvt Ltd owns 12.07 per cent, Monsanto Company owns 4.5 per cent and 51.5 per cent Indian holding subsidiary Bayer CropScience Ltd. owns 1: 2 bonus shares in year 12: 1 bonus share, 1 year Bayer CropScience Ltd., an agri-crop in India, which has four bonus issues and currently has a bonus equity of 4.5% of the total equity. Complete Seed Harvest Solutions in the Protection, Bio Science (Seeds) and Environmental Science business is the largest local agro-crop protection industry company engaged in providing farmers with solutions.

Monsanto India was merged with Bayer AG in 2013 after completing the integration of biotech giant Monsanto's Indian business with itself. With this merger, the shareholders of Monsanto India Ltd. were allotted two shares of Bayer CropScience Ltd. for every three shares of Monsanto India they hold. In June 2016, Bayer AG announced the completion of its acquisition of US-based biotech giant Monsanto in a ગા 2 billion mega deal. With this, it has become the largest agro-chemical and seed company in the world.

Bycrop Science Ltd. India has been an undisputed leader in crop protection in India since the acquisition of Aventis Crop Science worldwide in 2001 by Bayer with manufacturing facilities at Ankleshwar, Himmatnagar in Gujarat, Maharashtra. Research and Development-Crop Breeding Centers have more than 15,000 employees. The company has been solving the problem of impact on production due to diseases and pests affecting various crops of farmers for years. The company has strengthened its presence in Gujarat in November 2020 and started a new plant at Vapi. The plant will manufacture ethiprol used in insecticides for agricultural crop protection. The plant has been set up with an investment of 3 million Euros, and has an annual production capacity of 1,200 metric tons. The company will export to Asia Pacific and Latin America in global markets along with meeting domestic demand in India.

While good rains in the agricultural sector this year are likely to be a boon for the company this year, the company will emerge as a stronger company with an expanded portfolio of providing solutions to farmers in the agricultural sector. The company, which is active in the field of distribution of seeds along with crop protection products, is taking advantage of the growing demand for crop protection among farmers. CEO and Managing Director of Bycrop Science Ltd. D. Estimating the second quarter results for the rest of the year, Narayan said non-seasonal rains after the monsoon have damaged agricultural crops in some major markets, as well as increased water storage in reservoirs across the country. So we are hopeful of getting a good sun crop from this availability of water. The second quarter has seen growth for major crops like maize, rice and vegetables through herbicides and fungicides. The approach to Unified Distribution for our hybrid corn seeds has been implemented since the integration. Excessive rainfall has affected the cotton crop. So that the growth of insecticides has been limited.

Bonus History:

1: 2 shares in Year 12, 1: 1 shares in Year 12, 1: 1 shares in Year 12, 1: 1 shares in Year 12 Bonus

Dividends:

120% in 2014, 150% in 2014, 150% in 2014, 150% in 2014, 1150% in 2020

Book value:

Rs.5.5 in March 2018, Rs.21.5 in March 2017, Rs.412.5 in March 2017, Rs.2.15 in March 2017, Rs.2.50 in March 2020, Rs.503.5 in expected March 2021

Share holding pattern:

Bayern AG of the multinational Bayer Group has 4.5 per cent, Bayer CropSciences AG has 11.21 per cent, Bayer SAS has 12.5 per cent, Bayer Vapi Pvt Ltd. Aditya Birla Sun Life Trustee Pvt. Ltd. has 17.5 per cent, Monsanto Investments India Pvt. Ltd. has 12.08 per cent, Monsanto Company has 2.4 per cent and 31.5 per cent promoter holding, mutual funds have 10.07 per cent. L&T Mutual Fund has 1.18 per cent, Nippon Life India Trustee has 1.00 per cent. While foreign portfolio investors have 7.5 per cent, insurance companies have 1.06 per cent of the total 5.5 per cent, HDFC Life Insurance Company said.

Financial results:

(1) Full year April 2012 to March 2020:

Net income rose to Rs. 206.50 crore from Rs. 219.50 crore, net profit rose by 20.8 per cent to Rs. 2.50 crore from Rs. 2.10 crore, earnings per share rose to Rs. Achieved 104.5.

(2) Second Quarter July 2020 to September 2020:

Net income rose to Rs 131.50 crore from Rs 19.50 crore, net profit rose to Rs 2.50 crore from Rs 19.50 crore, earnings per share rose to Rs 4.5 from Rs 4.5 crore. Is.

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

Net income rose 15 per cent to Rs 209.50 crore from Rs 2.50 crore, net profit rose 3 per cent to Rs 3.50 crore from Rs 206.10 crore, earnings per share rose to Rs 105 from Rs 2.09 crore. Achieved.

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

The expected net income is Rs 206 crore and the net profit is Rs 3 crore and the earnings per share is expected to be Rs 12.15.

(2) Valuation: B:

Even though the company is getting a regular P / E of 3 to 4 against the average P / E of Pesticides and Agro Chemicals industry, even if we give a P / E of 5, it can go up to Rs.30, but the valuation is single B. The stock is currently expected at Rs. A P / EA of Rs.5.5 per share is available.

Thus, (1) Bayer AG of the German multinational Bayer Group has 7.5 per cent, Bayer CropSciences AG has 11.51 per cent, Bayer SAS has 12.5 per cent, Bayer Vapi Pvt. Monsanto Investments India Pvt Ltd has 12.04 per cent, Monsanto Company has 2.8 per cent and 31.2 per cent promoter holding (2) pays 1150 per cent dividend in the year 2020 (3) agricultural crops in India, Complete Seed in Bio-Science (Seeds) and Environmental Science Business Harvest Solutions The largest domestic agro-crop protection company (2) in the first half of April 2020 to September 2020, net profit rose 5% to Rs. Earnings per share increased by Rs. 5.05 and achieved Rs. 103.5 (2) Earnings per share at NSE, BSE at expected price of Rs. A P / EA of Rs.2.5 is available against Rs.15.13 and expected book value of Rs.503.5.

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. (3) 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 50% 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 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.