The Sensex will hit between 60111 and 57666 in the new week

(Gujarat News Correspondent) MUMBAI: Indian stock markets have been showing uncertain two-way turmoil for the past few days. Rising inflation and rising inflation in countries including the US have hit a 40-year high, with the US Federal Reserve signaling last week to break the bond-tapping bond-buying program. Liquidity in global markets has increased again in anticipation of the current situation. As the Corona transition begins to spread around the world with the new form of the omicron, economic concerns with health are once again on the rise, with reports that the case is not a major concern at the moment. The stock market has rallied sharply in the past week, giving the expected correction to the overheat boom in Indian stock markets as well. But still the situation is uncertain and caution is advised with caution. From here, things get trickier, and this is where the true meaning of burning up of bad psychic imprints comes into play. On the global front, concerns over Corona-Omicron, on the one hand, and the US's premature bonding, on the other, signaled a halt to the bond-buying program, and concerns over slowing industrial-economic growth. Although the US employment growth forecast for the weekend came to 2.10 lakh against the expected 2.50 lakh, the market is expected to rise sharply as bonding is not expected to take place immediately after this factor. Along with the index-based rally, small, mid-cap and cash stocks have also seen a resurgence. But with the current volatile situation, the Indian stock market is likely to continue to be cautious with global markets next week. U.S. Global markets will be watching next week's meeting of the Federal Reserve. U.S. The Federal Reserve is expected to raise interest rates with the possibility of a bond-tapping. Amid rising inflation, bond-tapping and the possibility of an interest rate hike, the Sensex is likely to make a splash between 2011 and 8 next week and the Nifty spot between 19 and 19111, causing traders and players to divorce on both sides.

Dark Horse: Wim Plast Ltd.

Listed only on BSE (2), Rs.10 paid-up, completely date-free, started with manufacturing of bungalows and PVC slippers in the year 19 by Celllo Group through Plastic Housewear, Steel, Housewear, Glassware, Opal Wear, Melamine, Kitchen Appliance. WIM PLAST LTD is a group that diversifies into furniture, air coolers, household cleaning products and more. The company has manufacturing facilities in an area of ​​3 lakh square meters through 13 factories-manufacturing units. Which produces products with a capacity of 20 tons to 200 tons. It has a strength of 4000 factory workers and 30 corporate workers, 150 sales workers.

The company's products include Cello Image, Comfort Series, Premium Range, High Back Range, Standard Range, Center Table, Utility Products, Dining Tables, Stools, Kids Specials and Material Handling. The cello image range includes Atria, Chroma Deluxe Dining, Chroma Dining, Decent, Decent Deluxe. Comfort range includes Coronet, Cosmic, Cosmos, Cozy, Crescent, Ranger and Rosetta as well as standard range including Activa, Admire, Arc, Armor, Aromo, Aspire, Orina, Blossom, Campus Capri, Setra, Chancellor, Comet and . Utility products include Idea, Organizer Three, Organizer Four and Storewell. The company's dining table range includes Eden, Esquire, Presto, Proline, Prompt, Prudent and Senator, as well as Kids' special offerings, including Aqua, Dick, Harry, New Tulip, Rock, Santa, Scholar Jr., Scholar Sr., Teddy and Volvo.

The company has a network of over 1500 touchpoints across India. The company has a strong distribution network in four zones across the country, depending on the location of its factories. With the Swachh Bharat Abhiyan (Clean India Campaign) the waste management business has been growing rapidly in the country for the last few years, the business opportunities for the company have also increased and the company has strengthened its product portfolio for waste management with a new range of dustbins. In which waste beans with capacity of 10 liters to 20 liters have been introduced. It has also tried to maximize the company's production capacity by installing high tonnage machines at its Daman and Chennai plants. Famous superstar Amitabh Bachchan as the company's brand ambassador has further enhanced the company's reputation. The company has a strong research and development center.

Dividends:

100% in 2014, 150% in 2014, 30% in 2014, 30% in 2014, 30% in 2014, 30% in 2020, 20% in 2021

Book value:

Rs. 313.5 in March 2013, Rs. 2.5 in March 2013, Rs. 31.31 in March 2017, Rs. 3.5 in March 2020, Rs.

Share holding pattern:

Promoters holding 3.71 per cent, Mutual Funds having 4.5 per cent, L&T Mutual Funds having 4.5 per cent, Ankit Jain among high net worth investors having 4.5 per cent, Kaushik Daga having 1.05 per cent and Rs 5 lakh Individual share capital holders hold up to 12.5 per cent.

Financial Outcome:

(1) Full year April 2020 to March 2021:

Net earnings fell to Rs 31.8 crore from Rs 316.05 crore, net profit fell from Rs 4.5 crore to Rs 2.50 crore, earnings per share fell from Rs 4.5 to Rs 4.31 crore. .

(2) Second Quarter July 2021 to September 2021:

Net profit rose to Rs 5.5 crore from Rs 20.5 crore, net profit rose to Rs 10.50 crore from Rs 4.5 crore to Rs 10.50 crore, quarterly earnings per share rose to Rs 4.5 crore. Achieved 3.50.

(2) First Half Yearly April 2021 to September 2021:

Net profit rises to Rs 12.5 crore from Rs 4.5 crore, net profit margin-NPM rises to Rs 12.51 crore from Rs 2.8 crore to Rs 12.51 crore Income has increased from Rs.2.51 to Rs.11.01.

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

With an expected net income of Rs 5 crore, a net profit of 11.5 per cent net profit margin-NPM and a net profit of Rs 21.5 crore, earnings per share is expected to be Rs 2.50.

(2) Valuation: B:

While companies like Nilkamal Plastics are getting 3 no P / E, Supreme Industries is getting 3 P / EA in the three companies listed in the stock market producing plastic furniture, the complete debt-free Vim Plast should be limited to 30 / P / E, which is Rs. P / EA of 21 is available. For which the valuation single b

Thus, (1) one of the leading companies in India in plastics products with (1) complete debt-free (2) 3.21 percent promoter holding, (3) net profit of Rs. 10.50 crore as compared to Rs. ) The first half of April 2021 to September 2021 saw a 12% increase in net profit. The stock is currently available on the BSE at a price of 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 companies. (2) Our resources for researchers such as broking house, promoter views, personal research analysts, portfolio management or their team may be of direct or indirect interest. (2) Maintaining 30% stop loss from the price of Reachers, in particular, is advice and warning. (2) Valuation H, B, 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 are also applicable to the answers given in arjuneyems@gmail.com. (2) Readers, investors should take their own personal decisions at personal risk. Gujarat Samachar writer, editor and no one else will be responsible for your loss. So invest by recognizing the risk of the stock market.