The new week will see the Sensex collide between 53777 and 52222
(Gujarat News Correspondent) MUMBAI: Corona transition is on the rise in India after the second wave and corona cases are on the rise in various countries around the world. On the one hand, there is concern over the good progress of monsoon in the country and better than the overall expectation of corporate India. Are becoming buyers in the stock markets. The Sensex, the Nifty, rallied sharply over the weekend on sustained buying by local funds-local institutional investors in the face of continued selling by investors in foreign portfolio stocks. Along with the Corona factor, the current inflationary factor is also becoming negative. Market sentiment is likely to pick up in the coming days as crude oil prices rise sharply, petrol and diesel prices continue to rise to new record highs, inflation continues to rise and the problem of rising unemployment is likely to be extremely challenging. At a time when many other industries are in a state of stagnation, entrepreneurs in the industry are putting their capital at stake in the stock market, and the surge in capital inflows from local investors has led to a sharp rise in the stock market. But going beyond the fundamentals, the current rally in stocks could be extremely risky. So it is imperative that investors stay home with the profits from each surge in stocks. This is because when the boom is reversed, that is, when the boom is brought to an end, it will be difficult to sell shares of many companies and low volume stock prices will fall. So it will be very important to be careful. Don't go for less that your full potential. Next week, the Sensex could be seen hovering between 7 and 8 and the Nifty between 12111 and 12.
Dark Horse: EID Parry India Ltd.
BSE (2012), NSE (EIDPARRY) listed, Rs 1 paid-up, Rs 2 billion Murugappa Group's sugar, a leading listed company active in the business of nutraceuticals EID. EID PARRY INDIA LTD. Is one of the leading sugar manufacturers in India. The company, which has been in existence for more than five years and is popularly known as Perry, has been pioneering new paths since setting up its first sugar plant at Nellikuppam in 1914. The company is the first company to manufacture sugar in India in the year 19 and is also one of the first sugar manufacturers in the world. The company is also one of the few sugar manufacturers in India to have an R&D wing and a sugarcane breeding program. The company's Paris Pure is the only sugar brand in India with super brand status. With this, it is one of the first companies to promote the fertilizer industry in India in the year 19. The company is currently a subsidiary of Perry's listed subsidiary Coromandel International Ltd. Which is one of the leading fertilizer companies in India. The fully automated standalone distillery, launched by the company in Sivaganga in 2006, is the first of its kind to have zero emission, zero effluent and self-sufficient power generation capacity. In nutraceuticals EID is a world leader in micro algae technology with peri spirulina and natural beta carotenoids. The company has more than 200 employees, more than one lakh farmer partners. The company has 13 plants including sugar, distillery and nutraceuticals.
Manufacturing facilities:
The company has a total crushing capacity of 2,500 TCD of sugarcane with 150 sugar plants in South India, a co-generation capacity of 150 MW as well as at Nellikuppam in Tamil Nadu, Puglur, Pudukottai, Pettavathalai and Sivaganga and at Ariyurgal in Puducheri Has 3 distillery capacity units of KLPD. The company in Nutraceuticals has a factory at Oneyur in Pudukottai district and a factory in Bhare taluka in Poona district.
Products:
Sugar: A company specializing in sugar, it has been manufacturing sugar for over two centuries and has always been at the forefront of innovation. The company specializes in the manufacturing of sugar with customized specific requirements of the food, bakery, confectionery, beverage and pharmaceutical industries. The company is leading in sugarcane research in India with its R&D center for sugarcane and new as well as tissue culture to develop improved sugarcane varieties. The company produces refined sugar, brown sugar, powdered jaggery, white label sugar, low GI sugar with sulfur free process. Vitamin A is the first company to introduce fortified sugar in the retail segment called Paris Vita.
Nutraceuticals: In the Nutraceuticals division, the company Organic Spirulina (one of the first global certified organic according to USDA-NOP, Natureland and EU standards), Organic Chlorella (Natural Source for Vitamin B12) Other products include Spirulina and Organic Chlorella. The company has this superfood in tablet form, along with USPlus Shaw Palmetto Extract in different formats, for which it has six international quality certification companies. The company has so far spent over Rs 150 crore under this division. Dosage has been delivered.
Sanitizer: The company manufactures and sells hand sanitizers for industrial and retail use.
The company also has a strong presence in the farm inputs business through its subsidiaries Coromandel International Limited, EID Perry's Perry Sugars Refinery India Pvt Ltd and US Nutraceuticals Inc., 100% holdings in the USA.
Promoter's share holding value of Rs. 12.5 crore in Coromandel International Ltd.:
EID Perry India Ltd. holding 2.50% through 12,7,8,50 shares in subsidiary Coromandel International Ltd. Have. The stock has a market value of Rs 12,9.5 crore as per the closing price of Rs 4.5 per share on Friday, July 8, 2021.
Share holding pattern:
Promoters hold 7.5 per cent, mutual funds hold 2.3 per cent, L&T mutual fund trustees hold 1.3 per cent, foreign portfolio investors (FPIs) hold 2.7 per cent and high net worth investors Hitesh S. Doshi has 7.5 per cent, Govindlal M. Parikh has 1.5 per cent, Nemish S. Shah has 1.15 per cent, Ketan Shantilal Shah has 1.4 per cent. While Sudarshan Fiscal Services Pvt. Sattav Organizers LLP has 1.15 per cent. Apart from this, individual shareholders holding up to Rs 5 lakh have 12.5 per cent.
Dividends:
200 percent in 2014, 200 percent in 2015, 200 percent in 2015, 200 percent in 2015
Book value:
Rs.5.5 as on March 2020, Rs.2.5 as on March 2021, expected as on March 303 Rs.412.31
Financial results:
(1) Full year April 2020 to March 2021:
On a consolidated basis, net income rose to Rs 13,8.5 crore from Rs 19,12.5 crore, with a net profit of Rs 21.51 crore to Rs 4.5 crore and earnings per share increased from Rs 3.5 to Rs. Achieved 4.5.
(2) Expected full year April 2021 to March 303:
Earnings per share (EPS) is expected to be Rs 4.05 crore with a net profit of Rs 1,505 crore out of the expected net income of Rs 20.8 crore.
(2) Valuation: B:
Even if we give the same P / E to a company active in the field of sugar, including nutraceuticals, against the average P / E of 12 in the sugar industry, even if the share can go up to Rs.
Thus, (1) through the 5,7,850 shares of Coromandel International Ltd., a subsidiary of the Rs. 2 billion Murugappa Group of India, which has been in existence for 2 years, active in the sugar, nutraceuticals business. Percent Holding EID Perry India Ltd. Have. With a market value of Rs. 12,8.5 crore as per the closing price of Rs. 4.5 per share on Friday, July 8, 2021. (2) The first company to start sugar manufacturing in India (3) A total crushing capacity of 2,200 TCD of sugarcane through eight plants. With 3 KLPD distillery capacity (2) full year April 2020 to March 2031, net profit increased by 11.5 per cent to Rs. 3.5 crore and earned Rs. 3.5 crore per share. (2) Expected full year from April 2021 The stock is currently available on the NSE, BSE at a P / EA of Rs 19.05 against the expected earnings per share of Rs 3.05 and the expected book value of Rs 313.51 in March 203.
Jasch Industries Ltd. in Recommended Review as Dark Horse Recommended to sell now after 3% return
As a Dark Horse, in a review of the stock purchase recommendations made here in the last one year, today it is recommended to sell 100% of the entire investment (SELL) in the shares of Jash Industries Limited. Jash Industries was recommended to buy from here on October 6, 2020 at a price of Rs. At present, it is Rs. 12.5 per cent as on July 7, 2021, which is a record return of 5.5 per cent of the dark house recommendations so far.
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 of Gujarat Samachar will not be responsible for your loss. So invest by recognizing the risk of the stock market.
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