The Sensex will hover between 60888 and 59111 in the new week

(Gujarat News Correspondent) MUMBAI: With the world emerging from the Corona epidemic, India too is now on the path of rapid economic growth. Indications that the country's industrial development will play a major role in the coming days are seen in the flow of foreign institutional investors, foreign portfolio investors as well as domestic funds, an extraordinary influx of investors. Funds, all-round buying by investors in the spectacular historical rally of the secondary market has created a new history by jumping above the Sensex 30,000 and the Nifty has reached a new high amid preparations to jump to 12,000. The overwhelming response to Paras Defense's IPO over the past week has also given a clear signal that the extraordinary inflows of foreign and domestic funds have continued unabated, with the historic fall of funds flowing into the primary market as well. Next week, the market will need to keep an eye on the progress of various states in India and the progress of the monsoon to remain unlocked from the transition to Corona. Along with this, Prime Minister Narendra Modi's visit to the US and after this visit, the market will keep an eye on the indications of how much investment is coming to India in the coming weeks. The impact on global markets will be monitored. Among these factors, the Sensex is likely to see a fluctuating move between 203 and 2111 in the coming week and the Nifty between 16111 and 18 next week.

Dark Horse: Precision Wires India Ltd.

Listed on BSE (2), NSE (PRECWIRE), Rs. 3 paid-up, established by Atlas Wires Ltd. (Atlas) in the year 19 and Mahendra Mehta and family and then merged with Atlas in 2001, 8.2% Promoters Holding Precision Wires India Limited (PRECISION WIRES INDIA LTD.) Is one of the most successful companies in the wire industry in India and the largest manufacturer of winding wires in India. The company currently has an installed production capacity of 20,000 tonnes of wires per annum. The company is the largest manufacturer of winding wires in South Asia with four manufacturing facilities and operations in 17 countries. The company has its state-of-the-art manufacturing facilities in Silvassa. The company manufactures a wide range of products including world class infrastructure including enameled round and rectangular copper winding wires, continuously transposed conductors (CTC) and paper / mica / nomex insulated copper conductors (PICC). Used in the electrical / electronic industry worldwide. As a result of the company's expertise in the industry, the company has been able to collaborate with top manufacturers for applications such as motors, transformers, generators, compressors, automobiles, hand tools, fans, relays, ballasts, etc. The company is a one-stop solution to all winding wire requirements. The company derives 5 per cent of total sales from the electrical equipment industry, 20 per cent from other power sector generation and T&D sector, 20 per cent from other consumer durables, including infrastructure.

Key Customers: ABB, BHEL-Bharat Heavy Electricals Ltd., Bharat Bijli, Bosch, Cummins, Denso, NGPAC, Emerson, Greaves, Godrej, GE, Hindustan Electric Motors High-Volt, Marathon, Transformers, Rectifiers India Ltd., TBEA, Verok, Valio, Mitsuba, IMP Powers Ltd., Bajaj Electricals, Lucas TVS Ltd., Mitsubishi Electric.

Dividends:

5% in 2014, 5% in 2014, 150% in 2014, 30% in 2014, 20% in 2020, 20% in 2021

Book value:

Rs.105.5 for March 2018, Rs.115.5 for March 2018, Rs.12.5 for March 2020, Rs.12.5 for March 2021, Rs.150.5 for March 203 expected.

Financial results:

(1) Full year April 2020 to March 2021:

Net income rose 15 per cent to Rs 12.5 crore from Rs 12.5 crore, net profit rose 5 per cent to Rs 2.91 crore from Rs 21.5 crore, earnings per share rose to Rs 18.5 crore from Rs 12.5 crore. 13 have been achieved.

(2) First Quarter April 2021 to June 2021:

Net income rose 5% to Rs 21.5 crore from Rs 19.08 crore, compared to a net loss of Rs 1 crore in the same period last year, this time net profit of Rs 11.5 crore and earnings per share of Rs 3.01. Have done.

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

Expected Net Earnings from Rs. 206.5 Crore Net Profit Expected Rs. 3 Crore Full Year Earnings Per Share - EPS Expected Rs. 3.5.

(2) Valuation B:

The company is getting a P / E of 12 against the average P / E of 21 in the metals-non-ferrous industry. Earnings per share at 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 company. (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. (4) 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.

Review-changes of stock-scrip recommendations made over the past year as a dark horse

As a Dark Horse, here is a list of the recommendations made to buy stocks in the last one year, along with the changes made to them. In which the share price of the recommendation-research date in parentheses and the current price outside the parentheses i.e. the closing price of September 8, 2021 are presented.

Triple BBB Recommendation List after reviewing stock-scrips recommendations over the past year as Dark Horse:

07-09-2021 GOCL Ltd. (Rs.21.05) Rs.2.50, 12-06-2071 IFGL Refractories Limited (Rs. 4.5) Rs. 216.5,12-06-2071 Pondy Oxide (Rs. 313.50) Rs. (Rs. 3.5) Rs. 206.5, 15-06-2071 Sulzer Electronics (Rs. 151.50) Rs. (Rs.12.5) Rs.17.50, 2-06-2071 Sundaram Brake Lining (Rs.3.5) Rs.503.5.

Double BB recommendation list after reviewing stock-scrips recommendations over the past year as Dark Horse:

30-12-2030 Bayer Crop Science (Rs. 4.15) Rs. 4.5, 4-06-2071 Bharat Bijli (Rs. 19.50) Rs. (Rs.150.50) Rs.12.50, 2-06-2051 EID Perry India (Rs.315.9) Rs.3.5, 15-06-2071 Gloucester Ltd. (Rs. 114.5) Rs. 114.10, 2-06-2051 Hempsphere Property (Rs. 15) Rs. 15.50, 12-06-2071 Indian Railway Fi. Corp (Rs. 3.5) Rs. 2.50, 05-06-2071 LG Balakrishnan Brothers (Rs. 210.20) Rs. .2) Rs.12.50, 02-06-2071 Shilpa Graveers Ltd. (Rs.50.3) Rs.117.50.

Single B recommendation list after reviewing stock-scrips recommendations over the past year as Dark Horse:

07-09-2081 Balrampur Sugar Mills (Rs. 4.50) Rs. 2.50, 2-06-2051 Bliss GVS Pharma (Rs. 102.50) Rs. Rs.12.5) Rs.3.5, 20-06-2051 Escorts Ltd. (Rs. 116.5) Rs. (Rs.21.50) Rs.2.50, 5-06-2051 Garden Reach Shipbuilders (Rs.12.50) Rs.150, 5-06-2021 Goodyear India (Rs.2.50) Rs.105 30, 05-06-2071 HDFC Ltd. (Rs. 3.15) Rs. 3.5, 10-01-2021 Hindustan Composite (Rs. 3.5) Rs. 3.5 .00, 12-06-2071 ITC Ltd. (Rs.12.50) Rs.3.5, 16-06-2021 Cactus Cement Sugar (Rs.8.50) Rs.20.05, 15-06-2021 Lakshmi Electric Control Systems (Rs.315.7) Rs.5.5, 11-06-2071 LIC Housing (Rs.4.18) Rs.3.5, 5-06-2021 MM Forging (Rs.50.3) Rs.3.5,50 -09-2091 Ramco Industries (Rs. 4.50) Rs. 3.5, 11-10-2050, SBI Life Insurance (Rs. 206.5) Rs. .12.50) Rs.2.50, 12-06-2071 Sika Interplant (Rs.2.5) Rs.2.15, 2-06-2051 SMS Life Sciences (Rs.2.5) Rs412. 4, 6-12-2050 Swaraj Engines (Rs. 19.50) Rs. 1912.50, 7-11-2030 Swilk NG Systems (Rs. 15.00) Rs.412.50, 05-06-2021 TD Power Systems (Rs.12.5) Rs.312.50, 2-06-2021 Tide Water Oil (Rs.4.5) Rs.12.5, 2 -09-2021 Vesuvius India (Rs. 3.5) Rs.116.00, 2-06-2021 Voltamp Transformer (Rs.2.50) Rs.12.05, 15-12-2050 Whirlpool of India (Rs.5050.50) Rs.20.50, 2-05 -2071 Precision Wires (Rs. 4.06) Rs

Hold H Recommendations List after review of stock-scrips recommendations made over the past year as Dark Horse:

6-01-2021 Abbott India Ltd. (Rs.12.5) Rs.2115.15, 2-06-2071 Kanpur Plasticpack Ltd. (Rs. 3.5) Rs. 12.5, 15-10-2050 KSB Limited (Rs. 2.09) Rs. (Rs. 3.5) Rs. (Rs.12.50) Rs.50.3, 2-06-2021 VST Tiller Tractors (Rs.12) Rs.2.50

Understanding BBB, BB, B and H.

B-15% or above probability, BB-5% or above probability, BBB-5% or above probability, H-10% probability of fluctuation