The new week will see the Sensex close above 52888, 53333 and the Nifty 15988.
- 51888 support in Sensex and 15522 support in Nifty ...
Ramco Group Ltd., which owns 54 per cent promoters of the ડો 1 billion Ramco Group, has 88.48 per cent bonus equity, a 68 per cent jump in net profit for the full year 2020-21, an expected EPS of Rs 38.07 in the full year 2021-22, an expected book value of Rs. 141+ Rs.627 Investment value per share plus expected book value Rs.768 per share at Rs.262.90 P / EA of only 6.90 available
Mumbai: Atina's excesses are finally coming to an end. Over the past few months, the Indian stock market has been in turmoil, ignoring negative factors despite lockouts, stagnation in economic transactions, sluggish activity on the industrial front and rising unemployment, rising petrol and diesel prices and skyrocketing prices. In the end, it is clear that the tail-end stocks, which are companies with weak fundamentals and poor performance, are being manipulated in a speculative manner.
It is here that investors have been constantly warned for some time now that there is an exaggeration, in the regret that I stayed in the market and took the village to avoid the blind rush to buy even those weak stocks. The manner in which stocks, especially small, mid-cap and cash stocks, have been called in on the last day of last week, clearly shows that the village has finally come to a standstill, which is why the beneficiaries, who disappeared after trapping investors in every boom, are now starting to go berserk. .
From here, things get trickier, and this is where the true meaning of burning up of bad psychic imprints comes in. So be careful judges and don't rush to average even in the downward movement seen after a tumultuous rise in stocks.
The funds, the players are playing a game of bouncing back and forth by showing deceptive moves in the market and the circulation of stocks will go up and down every now and then. So, realizing that the market is in a very dangerous phase, it would be advisable to stay away from collecting profits.
Beginning of the end of the hype: Corona transition rises again, US markets need to be cautious
Despite good monsoon progress, the end of the bullish spiral and the risk of further US inflation on the global front have raised concerns about rising interest rates in the coming days, as well as the transition to the UK, European countries and crude. With the price of oil likely to rise further in the coming days and the Fed's sharp rise in bond yields in the US on Friday, the negative impact of the Dow Jones and Nasdaq crash on US stock markets could be seen in the opening market on Monday.
So that caution will be required. Among these factors, next week, the Sensex will be seen at 7 in the event of a close above 718, while the Nifty spot will be seen at 14 in the event of a close above 12.
Dark Horse: Ramco Industries Ltd.
BSE (2), NSE (RAMCOIND) listed Rs 1 paid-up, અ 1 billion worth of cement, dry wall and sealing products, roofing products, cotton yarn, surgical cotton and computer software. 1: 1 share bonus in 19, 1: 1 share bonus in 2006. Thus, through two bonus issues, Ramco Industries Limited (RAMCO INDUSTRIES LTD.), Which has 4.5 per cent bonus equity in total equity, has 12 plants in South Asia, a strong network of 2000 parrots. One of the leading manufacturers of building materials in Asia as well as the company is active in the field of yarn manufacturing as well as wind energy.
Rs. 627 per share Investment value:
In the group company Ramco Cements Limited, the company has a 51.12 per cent shareholding, or 2,4,00,8 shares. The market value of the investment now stands at Rs 205.50 crore as per the price of Rs 1,050.50 per share as on Friday, June 12, 2021, while another listed group company, Ramco Systems Ltd, has a 19.50 per cent share holding as a company promoter. It has 2.3 stocks with a market value of Rs 4.5 crore at a price of Rs 4.5 per share. In another group company, Rajapalliyam Mills Ltd, the company has a 1.3 per cent shareholding of 1,3,60 shares with a market value of Rs 2.7 crore at a price of Rs 41.50 per share. Together, Ramco Industries Ltd has an investment value of Rs 21 crore in the three companies. In addition, according to the company's annual report, as on March 31, 2020, 1,3,700 shares of HDFC Ltd. with a market value of Rs. 3.5 crore as per the closing price of Rs. 3.5 on Friday, June 19, 2021 and 11,000 shares of HDFC Bank at Rs. As per the closing price, the value is Rs 1.5 crore. Apart from this, the value of investments in mutual funds is Rs 20.81 lakh. Thus, the total investment value of the company is Rs 3 crore. According to the equity of Ramco Industries, the investment book value per share is Rs.
Subsidiaries:
(1) Wholly owned subsidiary Shri Ramko Lanka (Pvt) Ltd. (2) Shri Ramko Roofings Lanka (Pvt) Ltd. (4) Subsidiary Shri Ramko Spinners-Rajapalliyam-Tamil Nadu (Spinning Mill with total capacity of 7.5 spindles). 60S, 20SA18S is a division of Ramco Industries for exporting world class high quality combed cotton yarn to Europe, South East Asia and Japan.) (2) Ramco Wind Farms in Tamil Nadu It has a total capacity of 19.50 MW.
Manufacturing facilities:
Ramco, which set up its first roofing sheet manufacturing plant in Arakkonam-Tamil Nadu in 19, now has eight state-of-the-art plants for manufacturing high quality fiber cement roofing sheets in India. These include Gangaikondan-Tamil Nadu, Karur-Karnataka, Maksi-Madhya Pradesh, Silvassa-Union Territory of Dadra and Nagar Haveli, Kharagpur-West Bengal, Vijayawada-Andhra Pradesh, Anjar-Gujarat, Bihiya-Bihar. The company currently has an accumulated capacity of manufacturing more than seven lakh tonnes of fiber cement sheets annually in India. In addition, Ramco Industries in Sri Lanka has its own annual manufacturing facility for 250,000 tonnes of fiber cement corrugated sheets and flat sheets-ceilings and partitions in Kalutara district. The company has introduced the Versatile Building Material Ramco Hilux Calcium Silicate Board using technology from A&A Corporation of Japan. These boards are replacing traditional building materials such as gypsum boards, plywood and plaster of Paris in the international markets. Ramco Hilux Boards and Tiles Manufacturing Company is operating its world-class plant at Keshwana-Rajasthan with an annual production capacity of 3,000 tonnes.
Bonus:
1: 1 in the year 19, 1: 1 in the year 2009
Dividends:
20% in 2014, 30% in 2014, 30% in 2014, 30% in 2015, 20% in 2020, 100% in 2021
Book value:
If we calculate the investment value per share as Rs.2.5 in March 2018, Rs.30.5 as on March 2020, Rs.105 + as on March 2021, the book value is Rs.215, the expected value as per March 205 is Rs.151.05 + investment per share Rs.210 plus Rs.21.05 expected
Share holding parton:
The promoters hold 3.05 per cent, mutual funds hold 1.14 per cent, Sundaram Mutual Fund holds 1.10 per cent and Tata Mutual Fund holds 1.4 per cent. Foreign portfolio investors (FPIs) have a 7.7 per cent hold, apart from high-net worth investor Govindlal M. Parikh has a 5% share holding. While individual shareholders up to Rs 5 lakh have 16.12 per cent.
Financial Outcome:
(1) Fourth quarter from January 2021 to March 2021:
Net income rose by 3.71 per cent to Rs 2.7 crore as compared to Rs 4.5 crore, net profit rose by 20.21 per cent to Rs 4.05 crore from Rs 12.5 crore. Achieved Rs. 2.5 from Rs.
(2) Full year April 2020 to March 2021:
Net income rose 21.6 per cent to Rs 12.5 crore from Rs 1,012.5 crore, net profit rose 2.15 per cent to Rs 118.5 crore from Rs 2.8 crore, and earnings per share stood at Rs 20.5 crore. Achieved Rs.5.5 crore.
(2) Expected full year April 2021 to March 303:
The expected net income is Rs 150 crore and the net profit is Rs 15 crore.
(2) Valuation: B:
Cement Products and Construction Materials Industry has an average P / E of 12 and Sahyadri Industries of this industry is currently getting a P / E of 3.4, HIL Ltd is getting a P / E of 12.5 and Everest Industries is getting a P / E of 2.4. Earnings are getting a P / EA of Rs 3.50 at a price of Rs 2.50. Even if we give a limited P / E of 10 to a company, the share can go up to Rs.
Thus (1) group holders with 3.04 per cent promoter holding, (2) two bonus issues with 4.5 per cent bonus equity in total equity, (3) group companies holding 2,8,00,8 shares in Ramco Cements, 2,300 in Ramco Systems Ltd. Holding 6 shares and 1,5,50 shares of Rajapalayam Mills Ltd. with a current investment value of Rs. 5 crore and 1,8,500 shares of HDFC Limited as well as 11,000 shares of HDFC Bank for a total of Rs. With an investment value of Rs 5 crore, the company has an investment value of Rs 5 per share as per equity. (4) Fourth quarter from January 2021 to March 2021, net profit increased by 50% and achieved quarterly earnings per share of Rs. Earnings per share of Rs. 4.5 and book value of Rs. 102 + Rs. 2 with an investment value of Rs. 20 with a net gain of Rs. 2.15 per cent. (2) Expected earnings per share of Rs. , Expected book value of Rs.151.05 + Rs.2 per share with an investment value of Rs.2 against the expected book value of Rs.2.50 per share on NSE, BSE. A P / EA of 2.50 is available.
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 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 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.
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