The new week will see the Sensex jump 53711 to 54222

(Gujarat News Correspondent) MUMBAI: With good monsoon progress and good results for the end of the June 2018 quarter of corporate results, local funds have been buying stocks again, pushing the Sensex and Nifty to new record highs in the past week. Funds have continued to buy stocks in anticipation of improving companies' performance in the coming days, with an increase in socio-economic activity due to low probability of a transition due to precautionary measures ahead of the third wave of Coro's transition. With international crude oil prices plummeting and petrol and diesel prices falling in the run-up to state elections in the coming days, a positive impact on the market could be seen in the market, with the monsoon session of Parliament starting next week, July 14 and various economic reforms to be introduced this session. The possibility of a positive impact on the market could be seen in the fund's index-based record bullish run.

Look at the results of HCL Tech., HDFC Life, Bajaj Fi., Bajaj Finserv, Bajaj Auto, Hindustan Unilever.

Corporate results The first quarter results for the end of June 2021 will be based on last week's Infosys results estimates and Wipro's good results, setting new records in the market led by IT stocks. HDFC Bank's results are expected to be released next week. In which HCL Technology, ACC, HDFC Life Insurance, 30, July 2021, Bajaj Finance, Asian Paints and 31, July, Bajaj Finserv, July 7, July 1, July 1, Hindustan, June 1, The results of Cement and JSW Steel will be monitored. On the economic front, the positive news of the acquisition of Just Dial by Reliance in the corporate sector will be followed by the release of the US manufacturing PMI on the international front and the release of inflation in Japan for the month of June. Among these factors, the Sensex is likely to see a jump of 511 to the support level of 9 and a rise of 15111 to the support of Nifty spot 1911 next week.

Dark Horse: Gloster Ltd.

Listed only on BSE (21), Rs.10 paid-up, 4.5% promoter holding of Bangurs Group, ISO 9001: 2015 Quality, ISO 14001: 2015 Enviromental, OHSAS 18001: 2007, Safety, SA 8000: 2004 Social Accountability, GOTS Gloucester Ltd. is the only jute manufacturing company of 18 years old with all certifications including Global Organic Textile Standard, Fair Trade FLO-CERT Gmbh, Human Ecology (Oeko-Tex 100), IMO Control organic jute Agri production, Pollution Certificate-West Bengal. (Gloster Ltd.) (formerly Kettlewell Bullen & Company Ltd.). Which became a converted and listed company under the provisions of the Companies Act, 1917, was appointed as the managing agent of Fort Gloucester Jute Manufacturing Company Limited in the year 19 and later became Fort Gloucester Industries Limited. The company was acquired by the House of Bangurs, one of the leading business conglomerates, in the 19th year, after which the jute division of Fort Gloucester Industries Ltd. was merged to form a separate company, Gloucester Jute Mills Ltd. The company was later renamed Gloucester Limited. As required, the company was registered with the Reserve Bank of India in the year 19 as a non-banking financial company (not accepting deposits) as a holding company. The National Company Law Tribunal approved the amalgamation scheme with the company's former Gloucester Ltd. with an order dated January 15, 2016 and after the scheme, the company submitted the NBFC certificate to the Reserve Bank of India and the company's chief business was Jute Product. The company was later renamed Gloucester Limited by Certificate of Incorporation on May 3, 2016. Governments around the world are working to reduce the use of plastics and promote the use of bio-degradable eco-friendly materials in their efforts to reduce pollution in the environment. Demand may increase in the coming years. The company manufactures products from food grade hydrocarbon free-odor-free, hessian and sacking bags-cloth, laminated-polyliner certified organic jute-flax. The company has an annual production capacity of 50,000 tonnes of jute textiles and products.

Subsidiaries:

(1) 100% owned Gloster Lifestyle Ltd. (2) 100% owned Gloster Specialties Ltd. (2) 100% Owned Network Industries Ltd. (2) 100% owned by Gloster Nuvo Ltd. Is.

Manufacturing facilities-products:

Gloucester Ltd. produces 20,000 tons of linen, jute and jute allied products annually, woven and non-woven jute geotextiles, treated fabric-root proof, fire retardant, interior decoration and industrial products. And is active in the export sector. The company has two manufacturing units at Bauria, Fort Gloucester, Howrah-West Bengal. The current management of the company has more than 3 years of experience in the jute industry and operating large jute manufacturing units. Standard Products of the Company include (1) Hesian Cloth / Bags in Play-Twill, HCF, Sucking Cloth / Bags in A Twill, B Twill, DWF, Others, (2) Canvas & Tarpaulin, Lino / Net & Scrim Cloth, Chemical Bleached, Fire Retardant, Root Proof, Water Repellent, Spirally Seam Bags, Orderless Bags (2) Soil Savers in Geo-Textile Segment, Webbing, Tape, Horticulture Sheets and Liners (2) Yarn in Yarn Segment, Fine Yarn in Yarn Segment Dyed yarn, twins-ropes (2) non-woven segment felt / cloth pcs (3) floor covering and home furnishing woven flat bed carpet, matting, rugs (3) promotional consumer products include shopping bags, utility bags and utility bags.

Dividends:

100% in 2012, 150% in 2020, 50% in 2021 (cum dividend)

Share holding pattern:

The Bangur family owns 7.5 per cent, promoters hold 13.71 per cent, Life Insurance Corporation of India 17.10 per cent, The Oriental Insurance Company Limited 1.3 per cent, corporate bodies 1.91 per cent and Rs. Individual share capital holders of up to Rs 3 lakh have a shareholding of 7.5 per cent.

Book value:

Rs.1312.50 for March 2018, Rs.12.5 for March 2020, Rs.1312.5 for March 2021, Rs.12.5 for expected 203 March.

Financial Outcome:

(1) Fourth quarter from January 2021 to March 2021:

Net income rose to Rs 13.05 crore from Rs 114.51 crore, NPM net profit rose by 19.15 per cent to Rs 4.5 crore, an increase of 215 per cent to Rs 3.05 crore, earnings per share from Rs 10.17 crore. Has risen to Rs.

(2) Full year April 2020 to March 2021:

Net income fell by Rs 3.01 crore to Rs 4.01 crore and net profit through 2.05 per cent NPM rose by 120.50 per cent to Rs 2.50 crore from Rs 12.5 crore. 4 to Rs. 31.5.

(2) Expected full year April 2021 to March 303:

It is expected to post a net profit of Rs 20.5 crore out of the expected net income of Rs 3 crore and Rs 110.2 per share.

(2) Valuation: BBB:

If this company of jute industry is getting P / E of 15, then if we give the same P / E, then the share can go up to Rs 15, which is a valuation triple BBB with a growth of more than 3%.

Thus (1) Bangurs Group holding 7.5% promoter holding (2) Jute industry's only all certification-certified 18 year old company (3) Jute and Jute Allied Products, Woven and Non-Woven Jute Geo Textiles, Textiles Proof in manufacturing and export of flax-jute products for proof, fire retardant, interior decoration and packaging of industrial as well as agricultural products (4) Fourth quarter April 2021 to June 2021 51% net profit in the year. Achieved earnings per share of Rs.21.5 crore with a rise of 131.50%. Achieved earnings per share of Rs.21.5 (2) Expected earnings per share in the expected full year 2021-91 Rs.110.5 and expected book value Rs.12.5 The stock is currently available on the BSE at a price of Rs 1,512.10 with a P / EA of 10.5 per cent less dividend.

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. (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.