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GAMC No. :1703/2015-17. Issued by SSP Ahd. Valid up to 31-12-2017

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8 VOL : 10 Issue No: 22 RNI No : GUJENG / 2008 / 24320 16 July to 22 July 2017
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Stock Market Related one of the Most Successful Nifty, broke above important resistance
Website : www.smartinvestment.in On 10 Jun 2017, amid the important News, Nifty broke past the impor-
tant 9700 kind of levels which was acting as barrier and had been tested
Within a span of just four years of Launching thrice in last two months. With such a breakout Nifty stands a chance to visit
www.smartinvestment.in has got 10,000 and even higher levels in coming 6 to 8 weeks. Since breakout day,
Dear Net User Friends, we are witnessing gap ups literally on every day & that is creating down side Jignesh R Mehta

1,101,01 0H0
its pressure technically and hence Nifty will not easily move towards 10,000 (SEBI Registered Research Analyst)

,1,0
Thanks a lot for giving un-

8540 precedented response to our

Click......
www.smartinvestment.in....
and Earn More.
Dark Horse
Kuantum Paper
(Code : 5329.7) (Rs. 492)
In April-June 2015, we had rec-
ommended this stock in "SMART
INVESTMENT" around Rs.70 to 95
levels. After our recommendation this
stock has given 5 times returns in 2
years. Incorporated in 1997,
Chandigarh based Kuantum Papers
Limited produces and markets wood
free writing and printing paper pri-
marily in India. Its paper products
comprise maplitho, coloured paper,
ledger, cartridge, parchment, dupli-
cating paper and wood free specialty
papers. The company offers prod-
portal. We are sure that we
will get such a great response
technically expensive as it would then be playing full out on its upside momentum. Current time for the traders is to
in Future. Your every Click
gives us strength in our Jour-
ney towards new Peak.
Sree Rayalaseema
(Code : 532842) (Rs. 139)
Incorporated in 2005, Kurnool
based SreeRayalaseema Hi-
Strength Hypo Limited manufactures
and sells inorganic chemicals in In-
dia. The company offers calcium
hypochlorite, stable bleaching pow-
der, aluminum sulphate, monochloro
acetic acid, sulphuric acid,
chlorosulphonic acid, hydrochloric
acid, oleum, hydrogen gas, sodium
hydride, and sodium methoxide. It
also generates power through wind
mill power units located in Tamil Nadu;
and a 10 MW thermal power plant
but it will take some time. A bearish Engulf or an Inverted Hammer with high E-mail : support@kiranjadhav.com
volumes on any day near 10000 kind of levels is a big caution. Because
every level upside at 10000 or above is causing this market to become
Website : www.KiranJadhav.com
Phone: 95 95 113344
be cautious Bulls & venture in to the counter which is going up and are still near to its 200DSMA levels.
Rising Star
KWALITY (151.85) NSE: KWALITY, SECTOR : Food Processing
This stock has a tendency to hindsight. Recently a new triangle
is being formed as shown in the
above 154 with high volume would
remain in uptrend ever since it broke also confirm the island reversal.
the important HORIZONTAL LINE given daily chart. Up move which I This whole scenario causes bullish
in 2015. This line was placed at 60 have considered as the triangle bias in the stock along with the vol-
kind of levels and stock has already base has started little before 2017 ume cluster beneath the support
and up move made the vertical dis-
rallied above 150 by now. In this line. Volume cluster is of utmost im-
tance from 114 to 162 kind of lev-
splendiduptrend, stock has formed portant as it suggests a more num-
els. But from that high in Mar-2013,
at least two triangles that broke out ber of people are interested in ex-
stock went in to a consolidation
and achieved their targets in the changing the stocks. All and all this
which can be used to plot a triangle
counter can well be a bullish prepo-
as shown. Such a triangle is ready sition with strict stop loss at 139 lev-
to be broken on upside because els and first target at 185 in 6 months
Investor group of EMAs are start- or so. Target has arrived upon by
ing to spread bullish while being un- extending the vertical base distance
derneath the Trader group of EMAs from the falling line of recent time.
and that too are spreading in bullish
way. Current candles if closes (Cont. on P. No. 6)

10000
ucts for use in the printing of books, situated at Gondiparla, Andhra
trade directories, newsprint, diaries,
calendars, and computer stationery,
Pradesh. The company also exports
its products internationally. KNOCKING ON THE DOORS OF
as well as for use in manufacturing Company's products are used by all
of note books and other stationery leading manufacturers of Non-Ste- MARKET CLOSES @ RECORD HIGHS 30680 and Nifty above 9448.
items. It also exports its products. roid Anti-Inflammatory Drugs, other and closed the week at 32020. Thus Both the indices continue to re-
Company utilizes wild Agro vegeta-
tions like Sarkanda Grass and Kahi
pharmaceuticals, pesticides, or-
ganic chemicals etc. It has an equity
Market Scan it closed the week with a gain of 660
points. At the same time the Nifty
main above the short term average
of 20dma (Sensex - 31334 and Nifty
Grass, and Agro-residues such as base of just Rs.15.49crore that is Jatin Sanghavi opened the week at 9719, made a - 9656), medium term average of
Wheat straw and Rice straw, to make supported by reserves of around (Mumbai) high of 9913, low of 9646 and closed 50dma (Sensex - 30981 and Nifty -
writing and printing paper.The paper Rs.195.44crore. It has a share book (M) 098205 26455 the week at 9886. Thus the Nifty 9574) and even the long term aver-
plant is located at Sailakhurd, value of Rs.137.50 & price to book E-mail : closed the week with a gain of 221 age of 200dma (Sensex - 28712 and
(Cont. on P. No. 6) value(Cont. on P. No. 6) points. Nifty - 8874). Thus the Trend in the
jatinsanghavi100@yahoo.com
On the daily charts, both Sensex short term, medium term and even
and Nifty have formed a small black
Financial Weekly Just two weeks back when the
market was undergoing a
Every Sunday Every Wednesday Retracement and the calls for a :::: INDEX LEVELS ::::
Gujarati Financial Weekly
deeper Correction were growing S3 S2 S1 Close R1 R2 R3
louder; the market had other ideas. NIFTY 9576 9698 9787 9886 9970 10043 10144
Not only did the market move higher
after taking support at the 50dma, SENSEX 31097 31426 31732 32020 32364 32737 33089
but now the Nifty is knocking on the body candle with a long lower
shadow but that fails to qualify
This Weeks Recommendations
doors of 10000. Once again the Cor-
as a Shooting Star as the lower
Rec. Name CMP SL TGT-1 TGT-2
rection proved to be a shallow, time-
BUY.... BUY....BUY TIPS OF THE WEEK wise as well as price-wise. The indi-
ces are at record levels and it will be
shadow is less than twice the
length of the body. On the
Buy
Buy
Bajaj Fin.
Maruti
4399 4310 4535 4679
7557 7415 7767 7990
Co. Name Code Price Co. Name Code Price just a matter of time before Nifty en- weekly charts, both the indices Buy CholaFin 1154 1130 1190 1227
IDFC Bank 539437 62.00 Aditya Birla F. 535755 181.00 ters the five digit club. Till then use have formed a big white body Buy Ujjivan 346 338 358 371
Future Cons. 533400 37.00 Jub. Food 533155 1165.00 every decline to buy. candle which suggests a con- Buy DCB 202 197 210 219
Sintex 502742 32.00 L & T Techno 540115 758.00 Technically Speaking :-
Lakshmi Vilas 534690 201.00 Advanced Enzy. 540025 348.00 tinuation in bullish trend. Thus daily the long term timeframe continues
Sensex opened the week at 31510, as well as weekly candlestick pat- to remain Bullish..
Welspun (I) 514162 90.00 Whirlpool 500238 1140.00 made a high of 32109, low of 31471
Balrampur Chini 500038 154.00 ACC 500410 1752.00 terns indicate bullishness in the near The current Rally has produced
Crompton Gr. 539876 215.00 Dr. Lal Path 539524 831.00 term. two Bullish Gaps. The first Bullish
Bombay Dy. 500020 86.00 Wabco (I) 533023 5516.00 Two weeks back the market re- gap between Sensex 29780-29681
Chennai Petro 500110 399.00 Dalmia Bh. 533309 2741.00 bounded after taking support at the and Nifty 9250-9225 will not only act
Future Ret. 540064 397.00 Capital First 532938 747.00 50dma and as of now the indices are as Support but holds the key to in-
GNFC 500670 282.00 IndiGo 539448 1277.00 at life-time high levels. On the weekly termediate trend. The second Bull-
KEC Intl. 532714 293.00 Tata Sponge 513010 828.00 charts, both Sensex and Nifty have ish Gap which is more significant as
Bodal Chem. 524370 180.00 Bajaj Fin. 532978 4400.00 completed a second degree Bullish it is also a Weekly Gap i.e. between
AlphaGeo 526397 861.00 Infibeam 539807 1130.00 Flag pattern, the target for which falls Sensex 29356-29098 and Nifty
HPCL 500104 387.00 Mahanagar Gas 539957 987.00 at Sensex - 33619 and Nifty - 10343. 9060-8977 hold the key to the long
NBCC 534309 209.00 Nilkamal 523385 1942.00 The above targets will be achieved term trend.
TCPL 523301 692.00 as long as Sensex remains above
Sundram Fast. 500403 418.00 (Cont. on P. No. 6)
2 16th July to 22nd July 2017 SMART
INVESTMENT
Rapid Fire Stocks : Kalpna J (Email- Kjtech79@gmail.com) Next Week Nifty has strong Investment Ideas
Nandan Denim Ltd. (Multibagger ) support around 9845 levels telegram.me/rupeegains7
BSE: 532641 | NSE: NDL NIFTY :- For nextweek NIFTY has strong support around 9845 levels. Break will take it to 9780/9775 levels.
Nandam Denim (NDL) On the upper side NIFTY will face strong hurdle at 9945 levels, cross over with volume and close above will create
Category No. of shares %
has one of the largest denim short covering at take NIFTY up to 9990/10025 levels
Promoters 27,997,188 58.27
fabric manufacturing capaci- BANK NIFTY :- For next week BANK NIFTY has strong support around 23700 levels. Break will take it to
General Public 11,056,708 23.01
ties in the world and will be the 23525levels. On the upper side BANK NIFTY will face strong hurdle at 24050 levels, cross over with volume and
Foreign Institutions 5,743,851 11.95
second-largest in India with close above will create short covering at take BANK NIFTY up to 24200 levels
Others 3,206,494 6.67
denim capacity of 110 MMPA Financial Institutions 39,315 0.08 SHORT TERM to MEDIUM TERM INVESTMENT IDEAS
(post expansion) after Arvind, Central Government 5,500 0.0 KOPRAN LTD :- (524280& shop drawings and material submit- ment system for the design, devel-
which has a capacity of 130 MMPA. The company supplies to major global NSE) (83.4) (Face Value Rs.10) :- tal review, and quality control. It also opment, and maintenance of
Kopran Limited, together with its sub- undertakes design-build and turnkey eLearning course content. It also
brands such as Ralph Lauren, Armani Exchange, Talbots, Calvin Klein, Tommy
sidiaries, manufactures and sells projects. In addition, the company provides IRMAO, an integrated re-
Hilfiger, Target, Anntaylor, Carrefour and Polo. For the quarter ended 31-03-
pharmaceutical products in India and provides construction project man- source planning, management, and
2017, the company has reported a Standalone sales of 382.06 Cr and has agement services, including mater tracking system for airline opera-
internationally. It offers finished dos-
reported net profit after tax of 15.61 Cr. in latest quarter. age forms in various therapeutic planning, concept design, rough es- tions; and Sakai CLE, a collabora-
Technical Discourse : Stock is in uptrend , Buy at CMP : 149.5, Target segments, including anthelmintic, timate, constructability review, and tive learning environment that pro-
- 179 to 210 ,SL- 123, Time Frame 2 to 6 Months. anti-allergic, antibiotic, anti-fungal, construction bidding; and cost esti- vides course management, assess-
Avanti Feeds ( Short Term Investment Mantra ) pain management, anti-pyretic, res-
piratory, erectile dysfunction, cardio-
mating, CPM scheduling, change or-
der evaluation, project cost controls,
ment and grade book, collaboration,
enterprise integration, and scalability.
BSE: 512573 | NSE: AVANTIFEED | vascular, diabetic, and gastroenter- safety, quality management/field in- In addition, the company offers cus-
Avanti Feeds Limited ology in various dosage forms com- spections, technology services, and tom content development, virtual
Category No. of shares % prising capsules, dry powder, glass constructability review services. maintenance training, simulation,
stands as a leading provider
Promoters 19,956,010 43.94 bottles, inhalers, injections, and tab- It has an equity base of just technical documentation, consulting,
of high quality feed, best tech-
Financial Institutions 11,428,522 25.16 lets. The company also provides Rs.3crore that is supported by re- facility management, and decision
nical support to the farmer and
General Public 8,417,080 18.53
caters to the quality standards active pharmaceutical ingredients, serves of around Rs.12.96crore. It support system services. The com-
Others 1,911,533 4.21
of global shrimp customers. such as anti-hypertensives, has a book value of Rs.53.19 & stock pany serves aerospace, defense,
Foreign Institutions 1,905,680 4.20
Avanti is proud of a long list of macrolides, taste maskeds, and is trading around 1 P/BV. It is debt banking financial service and insur-
Central Government 1,236,515 2.72
loyal customers from USA, cephalosporins. In addition, it offers free company. The promoters hold ance, transportation, energy, and
NBFC and Mutual Funds 559,870 1.23
Europe, Japan, Australia & consumer healthcare products, 41.47% while the investing public higher education sectors.
which include family toothpaste un- holds 58.53% stake in the company. Sankhya was first co in the world
Middle East. Avanti Feeds Ltd., New Feed manufacturing Plant with an in-
der the SPARKLE brand; body de- During FY17, its net profit stood to launch web based simulation for
stalled capacity of 125000 M.Ts per annum at Bandapuram Village, Devarapalli
odorants and deotalcs; and face at Rs.1.30crore from Rs.1.12crore Aviation industry. Company's e-
Mandal,W.G.Dt, is completed and commenced commercial production. For
moisturizers and face wash prod- in FY16 on sales of Rs.20.43crore learning product is used by more
the quarter ended 31-03-2017, the company has reported a Consolidated
ucts. During FY17, its net profit fetching an EPS of Rs.4.34. than 40% of all bank employees.
sales of 699.30 Cr., and has reported net profit after tax of 89.68 Cr. in latest
zoomed 131.34% to Rs.24.80crore Currently, the stock trades at a Sankhya is also 1st Indian IT co to
quarter. Technical Discourse : Stock is in uptrend, Buy at CMP : 1575, Target
on higher sales of Rs.309.73crore P/E of 12x. Based on the above fi- sell a software product to American
- 1800 to 2250 ,SL- 1203, Time Frame 2 to 8 Months.
fetching an EPS of Rs.5.73. Cur- nancial and performance param- Defense Organization. Company
rently, the stock trades at a P/E of eters, the AIL share looks quite at- successfully completed Mumbai Rail
Joy of 32000 !!! just 14.5x. Technically stock has
cross high of 2005 after 12 years in
tractive at the current level. Inves-
tors can buy this stock with a stop
VikasCorpn Simulation project.
During Q4FY17, it has reported
Dalal Street enjoyed level of 32000 A.J. Diwan (Mumbai)
and Thursday closing above level 2017 & now trading in consolidation loss of Rs.42. On the upper side, it net profit of Rs.0.86crore
E-mail :
cheered investors. Index in one year range near this multi-year horizontal could zoom to Rs.65-70 levels in the (includingforex loss) against NIL.
divanconsultancy@rediffmail.com
has gone up from 25717 to 32091 on line which is highly bullish sign on short to medium term & Rs.100 lev- Company has informed that Q4FY17
Thursday and closed at record level of 32037. It is not that we are only witness- technical parameter. Stock is look- els in long term. net profit is Rs.3.86crore excluding
ing up trend but us market DOW has gone up from 17883 to 21580 on Thurs- ing value buy at CMP. Investors can SANKHYA INFOTECH LTD forex loss of Rs.2.64crore which is
day. It is very difficult to pin point any specific reason for this uptrend. We have buy this stock with a stop loss of (532972) (50) (Face Value Rs.10) 90% up on QtoQ basis. During
major Kashmir issue and China is free problem with pak. GST against is on in Rs.79. On the upper side, the stock :- Incorporated in 1997, Hyderabad FY17, its net profit stood to
textile markets. In economic it's difficult to believe that IIP data is down and could zoom to Rs.94/102 levels in based SankhyaInfotech Limited pro- Rs.4.69crore (including forex loss)
inflation is also down. Hero motor Corp in two wheeler industry this share is the short to medium term. vides simulation and training solu- from Rs.3.96crore in FY16 on sales
giving best yield of 2.5 on market value. In 2016/17, Company has given Rs.85 CONART ENGINEERS LTD tions in India, France, the United of Rs.161.76crore fetching an EPS
total. We feel that share price has potential to go up. TCS results not favoring ((522231) (51) (Face Value Rs.10) Arab Emirates, and the United of Rs.4.17. Currently, the stock
market and Pre-results rally vanished on Friday. Share price went below Rs.2400. :- Incorporated in 1992, Mumbai States. The company's products in- trades at a P/E of just 12x. Investors
On any further fall up to Rs. 2325 its good buy or start buying slowly from based Conart Engineers Limited pro- clude SILICON TMIS, a training man- can buy this stock with a stop loss
Rs.2350. Nifty failed to sustain level of 9900 on Thursday. We feel that a day vides general contracting and project agement information system for man- of Rs.42. On the upper side, the
when it touches 10000 mark some profit taking may emerge. In 9900 nifty and management services for industrial, aging and automating various as- stock could zoom to Rs.65-70 lev-
32000 Sensex there are a few companies that have played a major role. commercial, and residential con- pects of training programs; SILICON els in the short to medium-term.
Disclosures : At the time of writing this article, author,
Reliance has gone up by Rs.400. ITC by 50% considering bonus. Tata steel struction projects in India. The com- LMS, a learning management tool his clients & dependent family members may have positions in
the stocks mentioned above. The author, his firm, his clients
has gone up by almost Rs.100. There is constant buying in Tata Steel at lower pany offers general contracting ser- combining synchronous and asyn- or any of his dependent family members may make purchases
levels. Market people expect substantial jump. Due to NPA rule we do not like vices, such as cost monitoring and chronous learning methods; SILI- or sale of the securities mentioned in website. Author may have
positions in above stocks so have vested interest obviously in
to remain bullish on public sector banks. After Mallya and now Essar group control, schedule development and CON-QT, an authoring, publishing, their going up or down as the case may be.
Disclaimer : Investing in any equity is risky. Our rec-
may put banks in trouble. Any rise in bank stocks is good exit route for control, subcontractor management, delivery, and analysis product for ommendations are based on reliable & authenticated sources
believed to be true & correct, and also is technical analysis
investors. As expected just dial is trying to find its bottom. Tata communica- field engineering and site manage- administering online questions, tests, based on & conceived from charts. Investors should take
tion is good short in F&O on any rise. Lupin is also showing weak trend. So ment, safety assurance, project ac- exams, and surveys; and SILICON their own decisions. We assume no responsibility for any
transactions undertaken by them. The author won't be liable
any intraday rise is good opportunity for bears. counting, change management, LCMS, a learning content manage- or responsible for any legal or financial losses made by
anybody.

Smart Picks Expert in financial analysis (Mumbai )

E-mail : rohan.nalavade21@gmail.com Technical Trading Trends - Parag Salot : M. : 91-9930011789
(SEBI Registered Research Analyst)
Rohan Nalawade
Nifty Overview : In Last Trad- Last Recommendation Review
Nifty is scaling towards new highs ing Session, Nifty closed at 9903.
Last week, we had suggested that
Scrip Name BSE Buy/ Enter Did High/ Remark
We had rightly stated in our past two editions that market is bottoming Code Sell at Low
Nifty will be positive above 9665 Axis Bank 532215 Buy 500 518 Target Achieved
out in 1st june edition around nifty 9550 levels and it was best reversal buy
and nifty within 10 trading days tested 9900,and so bank nifty tested 23950 and just see its above 9900 and Dr. Reddy 500124 Buy 2660 2716 Near 1st Target
levels last week,now market is buy on every dips and nifty is heading soon to touch 10,000 mark as we Hindalco 500440 Buy 195 207 Target Achieved
towards 10,000 we had stated from past few months in our past articles had suggested in our article Idea 500440 Buy 85 91 Target Achieved
that in 2017 nifty will show 10000 figure as per w.d.gann price cycle now dated 30 May 2017. Jindal Steel 532286 Buy 132 142 Did High
nifty has made good base above 9823 levels and above 9900 nifty will test Bank Nifty Overview : In Last NALCO 532234 Buy 67.1 75 Target Achieved
10000 levels all sectors are trying to perform banking oil and gas pharma Trading Session, Bank Nifty OIL 533106 Buy 264 273 Target Achieved
autos are trying to gear up which is a very positive sign for market and if It closed at 23966. What a move Godrej Ind 500164 Sell 684 660.05 Target Achieved
sector joins them then 10300 can be tested by nifty .Next week we have IBreal 532832 Sell 214.5 196.25 Target Achieved
both Nifty & Bank Nifty had in last
gann date which makes next week very active and volatile and global mar-
kets are steady . Technically market weekly candle looks good and making week. Bank Nifty seems to move Trading Buy
higher high and higher close making a strong uptrend back to back two up further. Support levels are Scrip Name BSE Last Enter at 1st 2nd Stop
weeks and in this month new monthly high is made so good bullish market. 23600/23250. Code Close Between Tgt. Tgt. Loss
Stocks to watch out for :- Reliance looks good above 1534 for 1550-1575 sl 1514 Note : All calls are momen- Axis Bank 532215 514 500/505 515 525 490
PNB looks good above 153 for 162-170 sl 147 Bhel looks good above 142 for 152- tum calls based on technical BHEL 500103 141.3 136/141 150 160 130
165 sl 138 Hindalco looks good above 205 for 210-215-220 sl 199
analysis and all levels as per fu- Coal India 533278 251 230/235 245 260 224
Workshop at Bhavnagar ture prices (If scrip not available
in futures then BSE Cash price).
HCL Tech
Idea
532281
532822
852
89
845/852
84/89
865
95
875
100
833
79
No Technical and Chart study only simple and highly effective fundamentals All these calls are given based Jindal Steel (Continue)532286 137 132/137 148 158 128
techniques to find multibagger stocks. on daily charts but intra]day sig- OIL (Continue) 533106 269 264/269 275 284 260
Venue : Park View Restaurant, Near AtabhaiChowk, Bhavnagar Union Bank 532477 155 152/155 160 166 147
nals are equally important to en-
Workshop : 9am - 4pm, 16 July 2017, Sunday (including Lunch & Tea)
About the speaker: A K Asnani, will share success secrets of creating
ter the trade in a timely manner. Trading Sell
Timing is very important and we Scrip Name BSE Last Enter at 1st 2nd Stop
mega wealth from long term stock investments!
He is also an author of book 'Way To Billionaire' (visit www.waytobillionaire.com) and has Rich experience of at shareinfoline.com give you Code Close Between Tgt. Tgt. Loss
29 years into stock investing. He is duly qualified (BE, MBA-Finance, ERA-IFCAI Hyderabad & pursuing PhD) and timely calls based on intraday IBreal 532832 197 205/215 195 185 225
strongly believes that stock investing is pretty simple and involves simple mathematics but it is the investors who make
charts. Read Disclaimer at India Cem 530005 209 215/220 207 200 225
it complex.
Call : 0755 4220708, 9131361959 ShareInfoline.com L&THF 533519 150 157/160 150 144 164
SMART
INVESTMENT
16th July to 22nd July 2017 3
4 16th July to 22nd July 2017
Primary Market
Dilip K. Shah
Some of the IPO listing in recent
times disappointed the investors.
However, patient investors holding
on the shares have got bumper re-
turn in just few days.
In last one and half month, seven
IPOs entered into the market of which
three IPOs CDSL, AU Small Bank
Finance and Hudco gave higher pre-
miums on listing but PSP Projects Eris
Life and GTPL gave only nominal pre-
mium at listing. However, the latter
three witnessed high current in the
stock prices after few days of listing.
Currently, PSP project has witnessed
38%, Eris Life has witnessed 12.50%
SMART
INVESTMENT
stock got listed at Rs724 as against
offer price of Rs358 but came down
Out of Seven IPOs that hit the market in last one and a half month Three IPOs witnessed sp
to Rs597 on Friday. Similar is the
case with Hudco shares which have
CDSL, Hudco and AU Fin falls flat on ground after skyrocketing soo
come down from Rs102.35 to Rs90. AU Fin's got blockbuster listing with 51% premiums but prices cr
* Now, the question is why
these stock prices tumbled sud-
This week total five IPOs - one mainboard and four SME issues -
denly? Salasar Techno's mainboard IPO that is going to close on July 17 got 11 times subscrip
As per the market reports, there
might be some scandal behind sud- Univast (I) NSE SME IPO and Jigar Cables BSE SME IPO to open on July 14 a
den rise in the stock prices of new M&M Fin's NCDs issue got closed in only four days following huge response f
issues and the spurt is believed to
be artificial. So the market regulator SREI Equipment to enter into the market once again with Rs1000 crore NCD
may order inquiry into the same and
the companies might be transferred
Cochin Shipyard's Rs18000 crore issue and SBI Life's Rs 8000 crore issue may hit
Grey Market Premium of Cochin Shipyards IPO Started with h
into 'T' group.
against offer price of Rs40, the stock
* Last week's New IPO Listing Bansal Multiflex's NSE SME IPO got listed at 9% premiums and gives
got listed at price of Rs40 on July 11
:- Last week AU Small Bank
but went up to Rs44.70 and down to NSE SME IPO of ACE integrated got listed at discount and Gautam Exim & P
Finance's mainboard IPO and Five
Rs34 before closing at Rs43.85. The
SME IPOs got listed. GG Engg's BSE SME and & 7NR and Shrenik's NSE SME issues
stock closed at Rs43.25 on Friday.
AU Small Finance Bank
Pushpanjali Realms :- The Keerti Knowledge's issue with 78 lakh equity shares will open
(540611) :- It got listed on July 10 at

Main - line IPO (Non SME) M & M Financial Services

NCDs Subscribed
Sr Company Issue Open Dt. Issue size Offer price Min. Rs. 1,00,00 Rs. 2,00,000 Listing Lead Rating Remark Category No of Bonds Subscribed
Issue Close Dt. (Rs. Cr.) (Rs.) App. Limit Limit Manager % Reserved (X)
i) Institutions 500000 1.00
1. Salasar 12-7-2017 33,21,000 Eq. Shares 108 125 Shares 875 Shares 1750 Shares BSE Sarthi Cap. 39 % ii) Corporate 250000 0.06
Techno Engg. 17-7-2017 (Rs. 35.87 Cr.) Rs. 13,500 Rs. 94500 Rs. 189000 NSE Apply for iii) Individuals 875000 10.45
(Book Building) Long term iv) Retail 875000 2.49
Total 2500000 4.73
2. Cochin Ship Last Week 3,39, 84,000 Eq. Shares 152 to 155 95 Shares -- -- BSE Edelweiss Cap.
Issue Closed on : 14-7-2017
(Book Building) of July (Rs. 1800 Cr.) (Likely) -- -- -- NSE J. M. Fin., SBI
3. SBI Life Last Week (Rs. 8500 Cr.) -- -- -- -- BSE Transwind :- The issue got
listed at Rs30.85 which shows pre-
(Book Building) of July (Approximate) - -- -- -- NSE
miums of 11% on offer price of Rs27.
* Note : SBI Life : Retail Ratio 10% in SBI LIfe IPO and 35% in Cochin Ship IPO
spurt in prices, but GTPL is yet to 51% premium against offer price of
Grey Market Premium It went up toRs32.40 and down
toRs30.45 before closing at Rs32.40
witness any upward movement. Rs358 but then went up to Rs545 IPOs Offer Price Premium Kostak Price Subject to Sauda on the listing day and at Rs35.84 on
Surprisingly enough, the issues and down to Rs506 before getting Name (Rs.) (Rs.) Min.Appl.(Rs.) (Confirm) (Rs.) Friday.
that gave bumper return on listing closed at Rs541. On Friday, the ACE Integrated :- The issue got
stock prices skyrocketed to Rs724
Cochin Ship. 152 to 155 85 to 87 600 listed on July 13 at 3% discount on
have now fallen flat. CDSL stock
prices spurt to Rs486 against offer but came down crumbling to Rs597 (Likely) offer price of Rs40 and went up to
price of Rs149 but now it has come level. It is better to be cautious with Rs41.85 and down to Rs38.55 be-
down to 399. Similarly, AU Small Bank every spurt in stock price. Salasar 108 -- -- 7500 fore closing at Rs39.55. It went down
* SME IPO Listing:- For latest grey market premium please check everyday further on Friday to close at Rs37.
Salasar Techno Gautam Exim (540613) :- As www.smartinvestment.in * Subscription in last week is-
Retailers may apply sues :- Last week's three issues
Shares
125
Amt.
13500
Shares Amt.
1000 108000
NSE SME IPO have got closed for subscription. GG
Engineering's BSE SME issue got
2.13 times, 7NR's NSE SME IPO got
250 27000 1125 121500 Sr Company Issue Open Dt. Issue size Offer price Minimum Rating Remark
2.34 times and Shrenik NSE SME IPO
375 40500 1250 135000 Issue Close Dt. (Rs. Cr.) (Rs.) Applications Size %
got 2.99 times subscription.
500 54000 1375 148500 1. Univastu 14-7-2017 14,97,000 Eq. 40 3000 Eq. Shares APPLY FOR * This week's issues:-
37 %
625 67500 1500 162000 India 19-7-2017 (Rs. 5.99 Cr.) (Rs. 1,20,000) MID TERM Salasar Techno :- The issue of
750 81000 1625 175500 2. Keerti 24-7-2017 7,80,000 Eq. 52 2000 Eq. Shares Rs35.87 crore with offer price of
NEXT WEEK Rs108 opened on July 12 and will
875 94500 1750 189000 Knowledge 28-7-2017 (Rs. 4.05 Cr.) (Rs. 1,04,000) get closed on July 17. It has got 5.07
stock got listed at flat rate of times subscription including 8.20
Non Convertible Debenture (NCD) Issues at a Glance Rs55 on Jul 10 but went up
to Rs56 and down to Rs32
times in HNI and it is
Subsc
Sr Company Issue Open Bond size F.Value Min. Listing Rating Recomm. believed that it may get
beore closing at Rs55.45. It
Issue Close (Rs. Cr.) (Rs.) App.
closed at Rs55.60 on Friday.
12 to 15 times sub- Salasar Te
17-7-2017 1,00,00,000 NCDs 1,000/- 10 NCDs BSE AAA+ (Stable) scription in retail cat-
Apply for Bansal Multiflex :- The
egory. More details
No. Sh
1. SREI 31-7-2017 (Rs. 1000 Cr.) (Rs.10,000) NSE By BWR stock got listed at 10% pre-
were given last week. Offe
Equipment Base : Rs. 500 Cr. Lead manager : A.K. Capital &
Mid to mium on offer price of Rs31
Univast (I) :- The
+ (Green Shoe Option Edelweiss Capital SMERA Long Term and went up to Rs36.85 and
NSE SME issue of
Rese
down to Rs32.70 before HNI 1660
Rs. 500 Cr.) SPA Capital Rs6.99 crore with offer
price of Rs40 opened Retail 1660
closing at Rs35.70. The stock closed
on July 14 and will close
SREI Equipment Finance NCDs Issue opens on July 17 & Closes on 31, 2017 at Rs46 on Friday. It has given 50%
return.
Total 3321
Face Value Rs. 1000; Minimum Application Rs. 10,000; Listing ON BSE - NSE Jigar Cables SME IPO Opens on July 18 & Clos
Considering AA+ rating & Attractive coupon rate; Apply for Medium to Long term Offer price fixed at Rs. 30; Listing BSE S
SREI Equipment Finance Ltd (SEFL) is a wholly-owned subsidiary of Srei Infrastructure Finance Limited (Srei)
provides financing for construction and mining equipment. It is also a frequent visitor to debt market for raising funds. Considering aggressive price; Better to
It came with such offer in January 2017 last and is now once again coming to raise Rs. 1000 crore. The base issue Jigar Cables Ltd. (JCL) is an ISO-9001:2015 certified company having its facil
size is Rs. 500 crore with a green shoe option to retain oversubscription to the tune of additional Rs. 500 crore. manufacturing electric wires and cables as per national & international standard
SEFL is issuing unsecured, redeemable non-convertible debentures of face value of Rs 1,000 each. Minimum sells its products under "SIGMA" brand since last two decades.
application is to be made for 10 NCDs (i.e. Rs. 10000) and in multiple of 1 NCD thereon, thereafter. Offer opens for To meet its prepayment/repayment of debts and working capital needs, the co
subscription on July 17, 2017 and will close on or before July 31, 2017 with an option to close early. This offer is IPO of 1864000 equity shares of Rs. 10 each at a fixed price of Rs. 30 per shar
made under tier II capital which it will use for lending activity as well to repay a part of company's loans and meet opens for subscription on 18.07.17 and will close on 20.07.17. Minimum applicatio
general corporate purposes. Offer is being made on "First Come-First Served" basis. This issue is rated "BWR/ in multiples thereon, thereafter. Post allotment, shares will be listed on BSE SM
AA+ (stable)" by Brickwork Ratings and "SMERA/AA+ (stable)" by SMERA Ratings. Issues with such ratings are Pantomath Capital Advisors Pvt Ltd and Bigshare Services Pvt Ltd is the re
considered to have high degree of safety regarding timely servicing of financial obligations and carry very low constitute 26.51% of the fully diluted post issue paid up capital of the company.
credit risk. Post allotment, NCDs will be listed on BSE and NSE. Issue is lead managed by Edelweiss Financial incorporation, it raised further equity at a price of Rs. 30 per share. Post issue, its
Services Limited, A K Capital Services Ltd , SPA Capital Advisors Ltd and Trust Investment Advisors Pvt Ltd. Axis 5.17 crore will stand enhanced to Rs. 7.03 crore.
Trustee Services Ltd is the Debenture Trustee and Karvy Computershare Pvt Ltd is the registrar to the issue. Financial Performance :- On performance front, the company (as partners
Allotment of these NCDs will be made compulsorily in demat mode only; however, Category III Investors can top and bottom lines from FY13 to FY 15 with turnover/net profits of Rs. 15.09 cr
apply for allotment of NCDs in the physical form for Series II, Series V and Series VIII. These NCDs have tenures / Rs. 0.02 cr. (FY14) and Rs. 8.05 cr. / Rs. 0.002 cr. (FY15). It posted turnover
of 5 years - 3 months, 7 years and 10 years with interest payment options on Monthly, Annually or Cumulative 0.003 cr. (FY16) and Rs. 13.36 cr. / Rs. 0.05 cr. (for period ended 6th February
basis as per the choice of investors. This instrument has coupon rates ranging from 9.25% to 9.55%. 07.02.17 to 31.03.17 it posted turnover of Rs. 1.27 crore with a net profit of Rs. 0.0
Post issue its current debt equity ratio of 5.13 will rise to 5.53. Its net NPAs declined from 1.99% as on 31.03.16 details, last three year's average EPS stands at Rs. 0.11 with average RoNW of 0
to 1.76% as on 31.03.17. combined basis) and attribute it on fully diluted equity post issue, then asking pric
Financial Performance :- On performance front, while fiscal 2014 to 2016 marked stagnant top line with 2.54 which makes this issue exorbitantly priced. Group Company Ultracab is
declining trends of bottom line, for fiscal 2017 it suffered a setback in top line but a surge in bottom line. Its total whereas Cord Cables is trading around 23 P/E. However, as per company, peer
income and net profits were Rs. 2619.33 cr. / Rs. 225.38 cr. (FY14), Rs. 2609.78 cr. / Rs. 153.02 cr. (FY15), Rs. BRML's Performance :- On merchant banker's front, (as per details given
2615.09 cr. / Rs. 115.26 cr. (FY16) and Rs. 2495.33 cr. / Rs. 148.84 cr. (FY17). last three fiscals -including the current one, it has brought 38 issues. Last 10 listi
Recommendation : Considering AA+ (stable) rating and attractive coupon rates, investors looking for steady the day of listing where as 1 issue opened at par value.
interest income may consider for medium to long term investment. Recommendation : Considering aggressive pricing of the issue, there is n

ed spurt in prices after listing
soon after listing
s crumbled sharply
es - in the market
scription: Fancy may increase
4 and July 18 respectively
nse from the investors
NCDs issue on July 17
y hit the market in July end
h heavy volume
gives 50% return in just two days
m & Pushpanjali got listed at flat rate
ues got 2-3 times subscription
pen at price of Rs52 on July 24
on July 19. More details are given in
separate box.
Jigar Cables :- The issue of
Rs5.59 crore with offer price of
Rs930 a share will open on July 18
and close on July 20. Considering
the poor fundamentals and P/E of
over 400, it is better to keep away.
More details are given in separate
box.
Keerti Knowledge & Skills Ltd
:- The issue will open on July 24 and
close on July 28 in which the com-
Listing Information of BSE SME IPO
Co. Name BSE
Code
ACE Integrated Solutions NSE SME
Gautam Exim 540613
Transwind Infrastructure NSE SME
Bansal Multiflex NSE SME
Pushpanjali Realms NSE SME
Sr Company Issue Open Dt.
Issue Close Dt.
1. Jigar Cables 18-7-2017
20-7-2017
pany will raise Rs4.05 crore through
offering 780000 shares at price of
Rs52 a share. More details will be
given in separate box in next edition.
ubscription Figures of
ar Techno Main Board IPO
No. Shares Issue Subscribed
Offered/ 12-7-17 13-7-17 14-7-17
Reserved
1660500 1.44 1.95 2.59
1660500 1.66 8.20 19.42
3321000 1.55 5.07 11.01
Closes on July 20, 2017
SE SME Platform
to avoid this IPO
s facility at Gondal, Dist Rajkot in Gujarat,
ndards and customer's specifications. It
the company is coming out with a maiden
r share to mobilize Rs. 5.59 crore. Issue
ication is to be made for 4000 shares and
E SME. Issue is solely lead managed by
he registrar to the issue. The issue will
pany. After issuing initial equity at par on
e, its current paid up equity capital of Rs.
tnership firm) marked declining trends in
09 cr. / Rs. 0.03 cr. (FY13), Rs. 10.14 cr.
over and net profits of Rs. 9.36 cr. / Rs.
uary 2017 as partnership firm) and from
Rs. 0.002 cr. However, as per prospectus
W of 0.92%. If we take latest earnings (on
g price is at a P/E of 428 and at a P/BV of
ab is currently trading around 450 P/E,
peers are not strictly comparable with it.
given on page 330-332 of prospectus) in
0 listing 9 have given positive returns on
e is no harm in giving it a miss. (Avoid)
SMART
INVESTMENT
16th July to 22nd July 2017
5
JMC Projects on fire as it gets new orders
www.Chittorgarh.com Alphageo : High growth, Huge potential in business
Stock Broker Share Broker Reviews Jio mere lal : Jio is new RIL, Subscribe to it
VS IPO/FPO/NCD Shankara Building Products : Build your portfolio with this stock
Stock Broker Info Website
Bharat Forge up on signing MoU with Israel Aerospace Industries
Smart Best
Top 25 Share / Commodities Brokers in India - Compare JMC Projects (Rs. 327.00)
Sharekhan V/s Angel Broking ICICIDirect V/s Kotak Securities (Code : 522263) ( F. V. : 10.00)
Buy S. N. Zaveri
RKSV V/s Zerodha Trade Smart V/s Compositedge
IIFL V/ s MotilalOswal Ventura V/s Indiabulls
:- JMC Projects (India) rallied last
week in a big way as the company
said it has bagged an order amounting
Get Latest IPOs / FPOs Information legs to Jio's growth, i.e., Broadband
to Rs 710 crore.The order includes two
and 4G feature phones. So, Jio is now
Current IPO list Grey Market Premium IPO Calendar water pipeline projects in the state of
IPO Allotment Status IPO Performance Tracker Free IPO Email Alerts Madhya Pradesh totaling Rs 257 new RIL, Subscribe to it.
crore.The second order for commer- Shankara Building Prod-
Visit : http://www.chittorgarh.com cial projects in Bangalore and Chennai ucts (Rs. 984.00) (Code :
amounting of Rs 340 crore and one 540425) (F. V. : 10.00) :-
residential project in Chennai of Rs 115 Shankara Building Products Ltd is re-
High Volatility in recent Listed IPOs crore.Meanwhile, the board of direc-
tors of JMC Projects on July 3, ap-
tailers of home improvement and build-
Co. Name Issue Listing Listing CMP Ch. ing products in India. They offer a wide
proved raising of funds by way of is- range of products at their stores which
Price Day Gain 14-7 Against sue of secured/unsecured listed non- includes structural steel, cement, TMT
convertible debentures (NCDs) for an
Close (%) Offer bars, hollow blocks, pipes and tubes,
aggregate amount up to Rs 150
CDSL 149 261.60 75.57 399.90 167.8% roofing solutions, welding accesso-
crore.JMC Projects (India) is part of ries, primers, solar heaters, plumb-
A U Small 358 541.20 51.17 597.00 66.8% the Kalpataru Group (67.19% owned ing, tiles, sanitary ware, water tanks,
by Kalpataru Power Transmission or
HUDCO 58 72.50 25 90.60 55.2% plywood, kitchen sinks, lighting and
KPTL). The civil construction and in- other allied products. It operates more
PSP Projects 210 208.95 -0.5 289.95 37.6% frastructure company undertakes turn- than 100 Shankara BuildPro stores
Tejas Network 257 263.3 2.45 311.20 21.0% key projects. Of the order book of over covering the end-user segments of
Rs 7000 crore, 65% comprises con-
Eris Life 603 601 -0.32 682.45 13.01% urban and semi-urban markets. The
tracts to construct factories and build- company also manufactures, as-
GTPL 170 171.65 0.97 171.00 0.6% ings, 13% infrastructure and 10% in- sembles, processes, trades in, im-
ternational. The stock is at 52-week ports, exports, or deals in a range of
high. Still, there is huge potential in this
stock. Buy. Buy more at decline.
steel sheets, steel roofing sheets,
walling products, accessories, and
Listing Offer Listing Listing Listing Listing Listing CMP Alphageo (Rs. 861.00) steel structures and purlins used for
Date Price Price Gain Day Day Day (Code : 526397) (F. V. : 10.00) construction of various types of build-
(Rs.) (Rs.) (%) High Low Close 14-7-17 :- Alphageo India Ltd is engaged for ing structures, as well as steel pipes,
13-07-17 40 38.9 -2.8% 41.8 38.9 39.55 37.00 more than a quarter of a century in tubes and pipe fittings and iron and
providing inland integrated seismic steel and allied products and engages
11-07-17 40 40 0.00% 44.7 34 43.85 43.25 in general hardware and general
services for downstream oil explora-
12-07-17 27 30.85 11% 32.4 30.85 32.4 35.85 wholesale trading activities.It also car-
tion companies. When oil majors need
12-07-17 31 34 9% 36.85 32.7 35.7 46.00 to discover oil, they need a trusted ries reputed third party brands such
10-07-17 55 55 0.00% 56 52 55.45 55.60 consultant to tell them where to drill. as Sintex, Uttam Galva, Uttam Value,
Alphageo is that trusted consultant; it Futura, APL Apollo and Alstone and
BSE SME IPO analyses subterranean realities, gen- their own brands such as
erates data, interprets findings and CenturyRoof, Ganga and Loha at their
goes back with geoseismic evidence retail stores.The stock has more than
Issue size Offer price Minimum Rating Remark
to drive informed decision-making. So, doubled since its IPO listing just three
(Rs. Cr.) (Rs.) Applications Size % months ago. Still, thers is huge poten-
Alphageo enhances the capital effi-
18,64,000 Eq. 30 4000 Eq. Shares 28% AVOID ciency of some of India's largest oil tial in this counter. Buy. Buy more at
(Rs. 5.59 Cr.) (Rs. 1,20,000) companies. The big news, then, is that decline.
the ever-small Alphageo carved out the Bharat Forge (Rs. 1120.00)
Subscription Figure of BSE SME IPO disproportionately large share of seis- (Code : 500493) (F. V. : 2.00)
SME IPOs Day Issue Date Subscirbed mic orders. The company's revenues :- Bharat Forge advanced last week
in the five years leading to 2015-16 after the companys subsidiary signed
GG Engineering BSE SME Issue Closed on 7-7-17 2.13x have been: Rs 46 crore, Rs 24 crore,
7NR Retail NSE SME Issue Closed on 10-7-2017 2.34x pact with Israels Aerospace Indus-
Rs 96 crore, Rs 73 crore and Rs 90 tries to build new maintenance centre
Shrenik Ltd. NSE SME Issue Closed on 10-7-2017 2.99x crore. Contrast this with the fact that in India for selected advanced air de-
July. The stock prices could be the company's order book is now Rs fence systems. Bharat Forge an-
* NCDs issues:- 1,700 crore - and all of this to be liqui-
M&M Fin. NCDs issue :- M&M Rs152-155 in Rs1800 crore issue, nounced that its subsidiary, Kalyani
which will allot 35% shares in retail dated by June 2019. Meanwhile, its net Strategic Systems and Israel Aero-
Finance's issue entered into the mar- profit rose 330% to Rs 34 crore in the
ket during last week but got fully sub- category. space Industries have signed a new
SBI Life :-Rs8000 crore issue quarter ended March 2017. Sales rose memorandum of understanding (MoU)
scribed in just three days so it has 214% to Rs 166 crore.The stock is
been closed. Rs250 crore issue got will open in July end. Retailers will be addressed to expand the joint ven-
allotted 10% shares. The company worth accumulation. ture that the companies are estab-
4.73 times subscription on July 14. Reliance Industries (Rs.
The company could retain Rs2000 will offer 80 million shares through lishing. The new MoU covers the es-
crore in case of oversubscription. OFS. 1531.00) (Code : 500325) (F. V. tablishment of a maintenance centre
: 10.00) :- Reliance Industries, the for selected advanced air defence
This week's NCDs issue of Srei Listing Information of
Equipment :- It is coming up with
AU Small Finance
biggest company by market systems at Hyderabad
Telengana.Meanwhile, orders for
in
NCDs issue of Rs500 crore with shelf capitalisation, rallied 2 percent
limit of Rs1000 crore. It also came BSE Code 540611 intraday Wednesday to hit fresh nine- North America class 8 trucks has in-
creased 38 percent in June. Orders
up with Rs1000 crore issue in Janu-
ary 2017. Considering higher cou- Listing Date 10-7-2017
year high after it announced new tariff
plans to retain subscribers. With just for the June month were also far bet-
pon rates and 'AA+' rating the issue few days remaining for promotional ter than 16,300 units in May. North
Offer Price Rs. 358.00 America truck orders contributed
is good option for investment. More period of Summer Surprise to end,
details are given in separate box.
Listing Price Rs. 525.00 Reliance Jio has announced new tar- nearly 20 percent of revenue on
* Upcoming main board is- Listing Day High Rs. 545.00 iff plans for Prime members. Under standalone basis in FY17.Looking
sues:- Summer Surprise, Jio offered unlim- ahead into financial year 2017-18, the
Listing Day Low Rs. 506.80 performance of the company will be
Cochin Shipyard :- The issue ited voice and 1GB daily 4G data for
offering 3,39,84,000 equity shares Listing Day Close Rs. 541.20 112 days at promotional price of better than the underlying market de-
may enter into the market by end of CMP (14-7-17) Rs. 597.75 Rs303 after one-time annual member- mand, driven by improvement in North
ship fees of Rs 99 for Jio Prime. This American market across sectors,
Basis of Allotment of Basis of Allotment of has been raised to Rs 399 for 84 days ramp of passenger vehicle business
for Prime members. CLSA said ignor- and increasing share of business
G G Engineering Bansal Mutliflex ing one-time fees, this is an effective from new sectors. The stock is worth
No. of Shares Applied 6000 accumulation.
No. of Shares Applied 4000 75 percent increase in tariffs for ex-
(SEBI Registered Research Analyst)
No of Application 165 No of Application 1480 isting prime members, implying pro-
* Disclosure :- The author has not
Total Eq. Shares Total Eq. Shares motional period ARPU (average rev- brought / sold any stock advised in this
Applied 9,90,000 enue per user) of Rs 133 per month. news paper during last one month All
Applied 59,20,000 This tariff is at a smaller around 30 stocks rates / indices on 14 th July 2017
Proportionate Proportionate percent premium to Dhan Dhana unless specified o Stoploos is useful for
Shares Available 6,48,000 Shares Available 14,40,000 Dhan which started from early April Short - Medium term investors only
Allocation per Appl. 6000 2017 after subscription to Summer * Disclaimer :- Smart Investment will
Allocation per Appl. 4,000 not be responsible / for any loss arising out
Surprise ended and offered 1GB daily
Ratio 36 : 55 Ratio 360 : 1480 of investment based on its recommenda-
data and unlimited voice for 84 days tion. Though, every care has been taken,
Total no of Equity Total no of Equity at Rs 309. Upcoming AGM on July 21 we will not responsible for any errors / omis-
Shares Allotted 6,48,000 Shares Allotted 14,40,000 is the next key event to watch out for sions o All disputes are subject to
Surplus (Deficit) -- Surplus (Deficit) -- as it may provide more clarity on new Ahmedabad jurisdictioner
6 16th July to 22nd July 2017
Experts Eye
(Continued from page 8)
Scrip turned ex-bonus included
Mahindra Holidays (1 for 2) and Maan
Alu (1 for 1). AU Small Finance Bank
got listed on BSE and NSE and
closed with a spectacular gain of 51%
over the issue price. Pushpanjali got
listed on NSE SME and opened flat.
On Tuesday too market opened
with a positive note but with both side
movements, closed flat in green. NSE
Nifty gained just 15.00 points to end
the day at 9786.05 and BSE Sensex
scored mere 31.45 points to close
at 31747.09. While IT, Auto counters
gained on short coverings, Banking,
Pharma lead the doom. Mid and
Small cap counters marked heavy
offloading. However, index based
trading helped indices to recover
from the low of the day to close in
green. FIIs and DIIs were net buy-
ers. HPCL turned ex-bonus (1 for
2). Gautam Exim listed on BSE SME
and after opening flat at par value, it
moved both sides but finally closed
with a gain of 9%.
With firm openings on Wednes-
day we marked hat trick of positive
openings for the week. However,
with sideways movement, market
closed flat, but in green. NSE Nifty
scored mere 30.05 points to close
at 9816.10; BSE Sensex gained
57.73 points to end the day at
31804.82. Lower inflation data helped
sustaining the sentiment, however,
poor IIP kept a check on the trends.
RIL gained on positive reports on ris-
ing Jio membership. Metal, Banking,
Cement, FMCG and Auto counters
gained on renewed support. Mid and
Small cap counters too rallied on
value buying. FIIs were net sellers
in Futures, but net buyers in cash.
DIIs turned net sellers. Transwind
Infra got listed on NSE SME and
opened with 14% gain. Bansal too
got listed on NSE SME and opened
with 9.6% gain.
On Thursday too markets
opened higher and gained momen-
tum of northward journey to close at
new historic highs. NSE Nifty gained
75.60 points to end the day at
9891.70 and thus missed 9.9K level
by a kissing distance. However, BSE
Sensex scored 232.56 points to sur-
pass 32K to close at 32037.38. Both
benchmarks closed at new historic
high. Lower inflation data may prompt
RBI for rate cut and such hope kept
market in lively mood. Capital Goods,
Pharma, Power, Auto, FMCG, Bank-
ing counters gained. However, Mid
and Small cap counters met with
profit bookings at every rise. FIIs
were buyers in stock futures, but
sellers in index futures. DIIs were
net buyers for the day. Larsen
Toubro turned ex-bonus (1 for 2).
ACE Integrated got listed on NSE
SME and opened at a discount of
2.75%.
On Friday too markets main-
tained higher opening trends, but
rumors of SEBI mulling T group list-
ings for main board IPOs after see-
Rising Star
(Continued from page 1)
If one's financial advisor allows
with that kind of risk of stop loss at
139, he can go ahead and bet this
stock with concurrent support line
as their trailing stop loss for the first
minimum target.
Disclosers : Views expressed
in this article/articles are personal
opinion of Author and it doesn't con-
stitute an offer to buy or sell securi-
ties mentioned herein. Enough care
has been taken before arriving at
these data, figures & charts, how-
ever, readers are advised to do their
own assessment before taking any
actions in the market. The author and
his company does not take any re-
sponsibility for any results that may
arise out of using this information.
Nifty & Sensex Movement during the last week
NSE - Nifty Open High
10-Jul-17 9719.3 9782.15
11-Jul-17 9797.45 9830.05
12-Jul-17 9807.3 9824.95
13-Jul-17 9855.8 9897.25
14-Jul-17 9913.3 9913.3
Net
Sensex Open High
10/07/2017 31,510.62 31,768.39
11/07/2017 31,789.50 31,885.11
12/07/2017 31,813.24 31,865.69
13/07/2017 31,896.23 32,091.52
14/07/2017 32,099.93 32,109.75
Net
ing mammoth rise in recently listed
five IPOs i.e. dented the sentiment.
NSE Nifty lost just 5.35 points to
close at 9886.35 and BSE Sensex
marked deficit of mere 16.63 points
to end the day at 32020.75. Thus
while Nifty ended below sentimental
level of 9.9K, Sensex closed above
32K. Before that both benchmarks
marked new intraday highs of
9913.30 and 32109.75 respectively.
Tejas Network, GTPL Hathway and
AU Small Finance Bank. Following
this these counters lost 5 to 14% for
the day on profit booking at every
rise. However, CDSL and Eris main-
tained tempo with recovery from the
low of the day. Poor numbers from
TCS dampen sentiment for IT
counters. ACC, GAIL, Auro Pharma
lead the rally for the day and cur-
tailed losses. Banking, Pharma,
Telecom, Healthcare counters were
up while FMCG, IT, Auto, Capital
Goods counters were down on profit
bookings. FIIs were the net buyers,
while DIIs were the net sellers for
the day. Salasar IPO got over 11
times subscription on the 3rd day. It
closes on 17.07.17.
In the week of new milestones,
NSE Nifty and BSE Sensex marked
net weekly Gaines of 220.55and
660.12 points respectively.
Rupee and Crude Oil hovered
around Rs. 64.45 a dollar 48$ a bar-
rel making no impact on the market
sentiment for a while. Monsoon
progress is now at center stage.
Indo China and Indo-Pak border ten-
sion has no impact what so ever. All
eyes are now for RBI move on rate
cut which may add fuel to the fire.
Unrest for GST is also on the rise
and may keep a tab on general sen-
timent. Market will be stock specific
amidst Q1 result season as usual.
Amidst such a scenario, NSE
Nifty and BSE Sensex may hover
between 10000-9500 and 32500-
31000 respectively for the ensuing
week.
Poddar Pigments (BSE
Code: 524570) :- This specialty
chemical business company has
reported net profit of Rs. 20.40 crore
on a turnover of Rs. 357.63 crore
for the Fiscal 2016-17 against net
profit of Rs. 18.34 crore on a turn-
over of Rs. 325.99 crore for the cor-
responding previous fiscal. It has
announced a total dividend of Rs.
3.50 per share, including interim divi-
Smart Tips
(Continued from page 8)
Bank's operating profit was
46.65%. Bank's lending has grown
by 2.5% to Rs. 47,164 crores. It has
dealt successfully with NPA issues,
which reflects in its performance.
Deposits have grown over 13% to
Rs. 65,791 crores. CASA has grown
23.28% to Rs. 16,582 crores. Total
business has increased by 13.65%
to Rs. 1,13,055 crores. Banking
shares are likely to be in demand as
RBI is expected to lower key rates
going ahead. The share can touch
Rs. 50 level in two to three quarters.
Snowman Logistics (Rs. 58.00)
(Code: 538635) :- Shares of this lo-
gistics company are listed in the B
Group and have face value of Rs.
10. The shares touched a high of Rs.
93 and low of Rs. 48. Snowman had
entered the capital market with an IPO
Low Close
9646.45 9771.05
9778.85 9786.05
9787.7 9816.1
9853.45 9891.7
9845.45 9886.35
Weekly Gain
Low Close
31,471.41 31,715.64
31,718.48 31,747.09
31,731.43 31,804.82
31,892.63 32,037.38
31,897.87 32,020.75
Weekly Gain
dend of Rs.2.50 per share already
paid. As on 31.03.17 it's paid up eq-
uity capital of Rs. 10.61 crore is sup-
ported by free reserves of Rs. 116
crore plus. Scrip may be considered
at declined levels for medium to long
term investment. It currently quotes
around Rs. 302.90 against 52 week
High/Low of Rs. 327/180, FV Rs. 10.
Vesuvius (BSE Code:
520113) :- This industrial goods
sector company has posted net profit
of Rs. 23.43 crore on a turnover of
Rs. 245.80 crore for the first quarter
ended on 31.03.17 of the current CY
against net profit of Rs. 18.44 crore
on a turnover of Rs. 178.62 crore for
the corresponding previous period.
For CY 2017 it reported net profits of
Rs. 87.11 crore on a turnover of Rs.
821.51 crore and paid a dividend of
Rs. 6.50 per share. As on 31.03.17
it's paid up capital of Rs. 20.30 crore
is supported by free reserves of Rs.
560 crore plus. Scrip may be consid-
ered at declined levels for medium
term investment. It currently quotes
around Rs. 1400.00 against 52 week
High/Low of Rs. 1486/846, FV Rs.
10.
KCP Sugar (BSE Code:
533192) :- This sugar manufactur-
ing company has posted net profit of
Rs. 31.74 crore on a turnover of Rs.
519.29 crore for the fiscal 2016-17
against net profit of Rs. 8.76 crore
on a turnover of Rs. 510.27 crore
for the corresponding previous fis-
cal. It has announced a dividend of
Rs. 0.90 per share. As on 31.03.17
it's paid up equity capital of Rs. 11.34
crore is supported by free reserves
of Rs. 208 crore plus. Scrip may be
considered for medium to long term
investment. It currently quotes
around Rs. 31.70 against 52 week
High/Low of Rs. 45/26, FV Re. 1.
DISCLAIMER : No financial information what-
soever published anywhere here should be construed
as an offer to buy or sell securities, or as advice to do
so in any way whatsoever. All matter published here
is purely for educational and information purposes
only and under no circumstances should be used for
making investment decisions. Readers must con-
sult a qualified financial advisor prior to making any
actual investment decisions, based on information
published here. Any reader taking decisions based
on any information published here does so entirely at
own risk. Above information is based on the details
available as on the date along with market percep-
tions. Author has not traded in above three stocks
mentioned in Scrip Watch during last one month and
has no holdings or plans to invest in any scrip re-
ferred above.
(THE AUTHOUR IS SEBI REGISTERED
RESEARCH ANALYST) (Email:
dilip_davda@rediffmail.com )
in August 2014. It had issued the
shares at Rs. 47. Company provides
integrated temperature controlled lo-
gistics services. Its main clients are
from meat & poultry, sea food, fruits,
ice cream, dairy products and con-
fectionery products segments. For
FY 2017, Snowman reported income
of Rs. 190 crores and loss of Rs.
4.93 crores. For March 2017 quar-
ter, income was Rs. 44.57 crores,
and profit was Rs. 3.63 crores. The
share's book value is Rs. 26. The
last year was challenging for the com-
pany, but March quarter was a good
one. Moreover, the company will ben-
efit tremendously from implementa-
tion of GST from July 1.
(SEBI Registered Research Analyst)
* Disclosure :- The author has not brought / sold any stock
advised in this news paper during last one month All stocks rates /
indices on 14th July 2017 unless specified o Stoploos is useful for Short
- Medium term investors only.
* Disclaimer :- Smart Investment will not be responsible / for
any loss arising out of investment based on its recommendation.
Though, every care has been taken, we will not responsible for any
errors / omissions All disputes are subject to Ahmedabad jurisdiction.
SMART
INVESTMENT
Dark Horse (Continued from page 1)
Diff
105.25 Kuantum Paper (Code : 5329.7) (Rs. 492)
15 District Hoshiapur in Punjab, situated on the main National Highway
30.05
connecting Chandigarh - Hoshiarpur - Pathankot, spread in an area of 257
75.6
acres. The plant is an integrated facility to make pulp and paper with a
-5.35
220.55 capacity of 100,000 tonnes per annum of finished paper. The pulping sec-
Diff tion is equipped to handle various kinds of agricultural residues, straws,
355.01 bagasse, and wood.The company was formerly known as ABC Paper Lim-
31.45 ited and changed its name to Kuantum Papers Limited in March 2012.
57.73 It has an equity base of just Rs.8.73 crore that is supported by reserves
232.56 of around Rs.200.16 crore which is 22.92 times higher than equity. It has a
-16.63 share book value of Rs.239.37& price to book value ratio is just 2.07 which
660.12 is highly impressive. The Promoters hold 70.30% while the investing public
holds 29.7% stake in the company. For Q4FY17, KPL's net profit soared
151.73% to Rs.21.80crore from Rs.8.66crore on 18% higher sales of
Rs.164.75crore fetching an EPS of Rs.23.96. During FY17, its net profit
zoomed 148.4% to Rs.60.91crore from Rs.24.52crore on 16% higher sales
of Rs.609.63crore fetching an EPS of Rs.69.80. Currently, the stock trades
at a P/E of just 7x. It has declares 20% dividend for FY17. Stock is looking
highly undervalued at all-time high market. Buy this gem with stop loss of
Rs.470. On the upper side stock will zoom up to Rs.550 levels in short term
while Rs.625 levels in medium term.
Sree Rayalaseema (Code : 532842) (Rs. 139)
ratio is around 0.95 which is impressive. The Promoters hold 57.54%
while the investing public holds 42.46% stake in the company.
On 31st March 2017 Company has allotted 24,48,132 convertible war-
rants at an issue price of Rs.98.19 per warrant under preferential issue to
Promoters of the company. Further, these warrants will be converted into
equity shares in three tranches in the ratio of 1:1 during financial years
2016-17. 2017-18 and 2018-19 and promoter has converted 7,74,562 war-
rants into equity shares in the ratio of 1:1 under first tranche.
During Q4FY17, SRHHYPOLTD posted sales of Rs.91.90crore with
PAT of Rs.7.78crore fetching an EPS of Rs.5.03. During FY17, its net profit
stood at Rs.18.36crore from Rs.18.72crore in FY16 on sales of
Rs.366.48crore fetching an EPS of Rs.11.85.
During FY17, three streams of Calcium Hypochlorite plants were shut
down for scheduled maintenance. Company has tried to recover the loss of
turnover by increased turnover from other segments. It has recommend
15% dividend for FY17. Currently, the stock trades at a P/E of 12x.
Based on the above financial and performance parameters, the AIL
share looks quite attractive at the current level. Investors can buy this
stock with a stop loss of Rs.115. On the upper side, it could zoom to
Rs.160-165 levels in the short to medium term & Rs.200 levels in long term.
Market Scan 10462. The Golden Ratio target of
(Continued from page 1) the current pattern weekly pattern
of 2 years is at Sensex 34677 and
Besides acting as a support, this
Nifty 10536. Thus in the medium term
gap also acts as a Measuring Gap.
one can expect a test of the above
The target as per Gap theory falls at
targets i.e. Sensex 34677-34715 and
Sensex 32737 and Nifty 10144.
Nifty 10462-10536.
A Saucer pattern was completed
MACD and Price ROC, both are
when the indices closed above
positive and in Buy mode. RSI (75)
Sensex 29077 and Nifty 8968. The
suggests bullish momentum. Sto-
complete pattern target which is at
chastic Oscillator %K (96) is above
Sensex 32437 and Nifty 10043 re-
%D and hence in Buy mode. ADX
mains to be achieved. On the weekly
has increased to 30, which suggests
formation, both the indices completed
that the Uptrend is now gaining
a Cup and Handle formation and the
strength. Directional Indicators con-
targets are Sensex 34677-37554
tinue in Buy mode as +DI is above -
and Nifty 10536-11413.
DI. MFI (70) suggests Positive
If one considers the Cup and
Money Flow. OBV continues to make
Handle formation of 7 years from
higher tops and bottoms. Bollinger
2007 to 2014, the target for that pat-
Band has signalled a Buy on Mon-
tern falls at Sensex 34715 and Nifty
day. Thus all Oscillators are sug-
Stock Wave gesting a bullish bias, except that the
momentum oscillators are in over-
(Continued from page 8) bought terrain. Options data for July
towards overbought position on series indicate highest Call Open
weekly basis and overbought to neu- Interest is at the strike of 10000 and
tral positon on monthly basis. On up- highest Put build-up is at 9600. Thus
ward movement, resisting level could Options data suggests a trading
be at 1757 and beyond that it could range with resistance coming in at
reach 1680. On downward movement, 10000 and support at 9600.
support could be at 1680.
Axis Bank (512.95) :- It is witness-
ing slow improvement from bottom of Disclaimer :- Investment
497.69. It shows oversold position on
recommendations made in
daily basis, neutral on weekly basis
and towards overbought position on Smart Investment are for in-
monthly basis. On upward movement, formation purposes only and
beyond 526 it may cross 540 and 552 derived from source that are
levels. On downward movement, be-
low 508 it may get closing support at deemed to be reliable but
503. their accuracy and complete-
Reliance (1533.75) :- After wit- ness are not guaranteed.
nessing 1285.57 due to correction,
Smart Investment or the ana-
now the script is moving northward. It
lyst / writer do not accept any
shows towards overbought position on
daily basis, while overbought position liability for the use of this col-
on weekly and monthly basis. On up-
umn for the buying or selling
ward movement, beyond 1550 it may
go up to 1570. On downward move- of securities. Readers of this
ment, below 1498 it may get support column who buy or sell se-
at 1474. curities based on the infor-
Strides Shasun (1045.65) :- It is
mation in this column are
moving upward from bottom of 848. It
soley responsible for their
shows towards overbought position on
daily basis, overbought on weekly
actions. The author, his com-
basis and oversold position on monthly
basis. On upward movement, beyond
pany or his acquaintance
1019 it may go up to 1050 and 1065. may / may not have positions
On downward movement, the support in the scrips featured herein
could be at 998.
SMART
INVESTMENT
16th July to 22nd July 2017 7
Consider three companies ITC (Rs. 337.00) (Code:
500875) :- Lower GST rate on to-
High Risk profit for the past several quarters. It
is expected to post good numbers
turn
High Re
Consider three companies bacco as well other benefits of the
A. K. Asnani for Q1 too. The stock can be bought

Shares
A, B and C manufacturing new tax regime on FMCG goods will for 2-3 months with a target price of
same product (M) 9893512098 benefit ITC. The share is expected to Rs. 800.
A - Dynamic and honest man- Smart Verc (Bhopal) remain an outperformer. Goa Carbon (Rs. 355.00)
agement, Author of Book Shankara Building (Rs. 984.00) Dilip K. Shah (Code: 509567) :- The share has
B - Mediocre management Way to Billionaire (Code: 540425) :- The share has surged sharply to 25-year highs in
surged by nearly 2.5 times as against performing for past few days. It is the past few days. Its income for the
C - Low level of dynamism and honesty noteworthy that rival Crisil has ac-
the issue price of Rs. 460 at the time first quarter has gone up by 98%,
Further assume that the sector is passing through tough times and quired a large number of shares of
of its IPO. It had touched a high of while net profit reported a huge jump
there is hardly any growth from last three years. Care, putting the share in the lime-
Rs. 1,097. A building materials com- of 561%.
1. Under ideal conditions at the beginning of three years, company A will light. Fitch has also joined the race to
pany, it has a wide network across India Cement (Rs. 208.00)
command high PE ratio, B lower ratio and C the lowest, in line with respec- acquire Care shares, which has led
the country, and is seen benefitting (Code: 530005) :- Current is being
tive growth rates and quality of earnings. That is rationalism prevails. to further rise.
tremendously from the focus on af- seen in cement sector stocks from
2. Over a period of time with increasing liquidity and retail investors Tata Steel (Rs. 559.00) (Code:
fordable housing segment. some time. Ace investor
searching for low PE stocks, the share price of company C will start rising. 500470) :- The company has recently
Dalmia Bharat (Rs. 2741.00) Radhakrishna Damani holds 1.5%
Retails investor gets confidence that his logic of picking low PE stock was decided to sell its SAW mills in UK to
(Code: 533309) :- The share price stake in the company. FIIs, DIIs and
correct and he has got the hidden gem. Liberty Group. It is also seen benefit-
has doubled in FY2017. The institutional investors hold 25%.
3. At a certain point other set of smart investors find that even a com- ing from the sharp decline in dollar
company's return ratio and earnings AB Fashion (Rs. 181.00)
pany with lower quality of management is quoting at almost same PE ratio, index. HSBC has recommended a
have gone up sharply as a result of (Code: 535755) :- The share is likely
so they invest in company B and share price rises. These investors are 'Buy' on the stock with a target price
the company's restructuring exer- to remain in focus as the government
also happy and feel justified in making investments. of Rs. 750.
cise. It is also benefiting from grow- is expected to announce relief in FDI
4. More sophisticated investors find that even a company with mediocre HPCL (Rs. 387.00) (Code:
ing demand for cement. In retail.
management is quoting at almost same PE as that of A, so they start buying 500104) :- Market reports suggest
Titan (Rs. 533.00) (Code: Disclosures as per SECURITIES
shares of company A and share price rises. This category investor also that the merger of ONGC and HPCL
500114) :- The government has clari- AND EXCCHANGE BOARD OF IN-
feels happy and satisfied with their rewarding pick. will be announced by July-end. It is
fied that GST will not be applicable on DIA (Research Analysts) Regulation,
This process keeps on repeating and all set of investors are happy. All com- believed that such a move will benefit
sale of old jewellery. The government 2014; I and / or my clients may
pany performances remain stagnant and only valuations keep on increasing. HPCL more.
has denied the buzz that 5% GST have investment in this stocks I/
Only a select few know the fact that enough is enough and make an exit. Excel Ind. (Rs. 420.00) (Code:
would be applicable on sale of old My family have no financial interest
I hope investors got the message. Use PE intelligently ! 500650) :- The shares of this
jewellery. or beneficial interest of more than 1%
In a bull market, one must avoid the error of the preening duck that quacks
Infibeam (Rs. 1,130.00) (Code: smallcap company have jumped by in the company whose stocks I am
boastfully after a torrential rainstorm, thinking that its paddling skills have caused
it to rise in the world. A right-thinking duck would instead compare its position after 539807) :- Infibeam is the only listed 21% in three weeks. The shares are recommending Stop loss is useful
the downpour to that of the other ducks on the pond. - Warren Buffett e-commerce company in the coun- believed to be rising due to entry of for Short / Medium Term investor
try. Its board has decided to split eq- some top market players. Only Smart Investment will not be
Technical News : 17-7-2017 to 21-7-2017 uity shares of Rs. 10 into 10 shares Capital First (Rs. 747.00) responsible / liable for any loss aris-
of Re. 1 each. Reports also suggest (Code: 532938) :- Buying is being ing out of investment based on tis
Manu Consultants : Manishkumar - Kolkata that Infibeam is in talks for taking over seen in the counter of this finance advices Past performance may or
Snapdeal. sector company. The Rs. 7,300- may not be substainedin future "
SEBI REG:- RESEARCH ANALYST- INH300002449
Care (Rs. 1,645.00) (Code: crore company has been reporting (Dilip K. Shah) Research Analyst
NIFTY FUTURE 534804) :- The share has been out- strong performance in income and SEBI Regn No. : INH000002152
NIFTY FUT SUPPORT AT 9800-9650 AND RESISITANCE 9980-10000
STRATEGY :- BUY NIFTY ON DIPS TILL 9820 SL 9750 TA 10000-100
STOCKS F&O:-
VKJ Infradevelopers (Rs.
6.10) (Code: 536128) :- This Delhi-
Dalal India Glycols (Rs. 199.00)
(Code: 500201) :- UP government
DLF (202) :- BUY DLF ON DIPS TILL 194 SL 192 TA 214-20
BOB (165) :- BUY BOB ON DIPS TILL 160 SL 156 TA 174-80
based company is engaged in con- Street has decided to run buses and taxis

Whispers
struction of residential and indus- on ethanol. This will have positive
DIVIS (739) :- BUY DIVIS ON DIPS TILL 728 SL 720 TA 765-80
trial complexes. It has modern impact on the stock.
RBL Bk. (533) :- BUY RBL BANK ON DIPS TILL 520 SL 510 TA 544-60
equipment for civil and structural Dilip K. Shah Praj Industries (Rs. 82.00)
SELL STOCKS
construction and infrastructure (Code: 522205) :- The Centre plans
SELL ICIL ON RISE TILL 170 SL 174 TA 158-50 lakh shares at an average price of
projects. It plans to acquire 100% to reduce petrol consumption by in-
SELL JUBILANT FOOD ON RISE TILL 1200 SL 1220 TA 1150-20 Rs. 99.53. This will have a positive
stake in another company, which creasing share of ethanol in the
DELIVERY STOCKS impact on the stock.
owns 6 acres of land and plans to blend. The company makes machin-
BUY UNITECH SL 5 TA 12-15 Globus Spirit (Rs. 74.00)
begin construction with an invest- ery for extracting ethanol and will
DISCLAIMER :- The Recommendations are based on technical analy- (Code: 533104) :- The Supreme
ment of Rs. 120 crores. As a part of benefit from the same.
sis. There is a risk of loss in trading.Please visit website www.dallalstreet.org Court has announced relief as far
its expansion plan, the company will Redington (Rs. 145.00)
for full disclaimer and disclosures. as liquor stores and bars on high-
start residential and industrial com- (Code: 532805) :- Top brokerage
Smart Super Duper -Dilip K. Shah plex construction in different cities.
Big movement can be seen in the
ways within city limits are con-
cerned. This will have positive im-
house Morgan Stanley has acquired
1.75 crore shares of Redington In-
Bodal Chemicals (Rs.180.00) (Code:524370) :- Ashish Kacholiya stock in the coming days. The stock pact on the shares of Globus Spirit dia from the open market.
has purchased 12 lakh shares recently, which has brought the stock to lime- has a face value of Re. 1. and other liquor companies. Tata Global (Rs. 174.00)
light. The chemical sector company's performance has been very good due to Camlin (Rs. 87.00) (Code: Videocon Ind. (Rs. 30.00) (Code: 500800) :- Tata Group is in
ban in China. As against equity of Rs21.82 crore, it has reserves of Rs341.36 532834) :- The company has ac- (Code: 511389) :- It is operating in the process of consolidating its vari-
crore. In FY2017, the company's income increased from Rs909.96 crore to quired 51% stake in China's Ningbo consumer electronics, home appli- ous group companies. Reports in-
Rs1236.30 crore, while profit increased from Rs85.99 crore to Rs128.58 crore Wanglong Flavors and Fragrances. ances, crude oil and natural gas dicate that there is a strong possi-
with EPS of Rs11.79. The stock has come out of consolidation with entry of The acquisition will help Camlin be- businesses. The share had crashed bility of merger of Tata Coffee with
Kacholiya so there is high possibility of stock prices going up. come the world's third largest vanil- by 83% after its accounts were de- Tata Global.
Tata Global (Rs.174.00) (Code:500800) :- It has recently witnessed lin producer. clared NPA by Central Bank of In- Power Grid (Rs. 215.00)
major breakout after long consolidation phase. The company is mulling over selling Sintex (Rs. 32.00) (Code: dia in June. However, it has nearly (Code: 532898) :- This PSU has
its non-branded business. It is one of the biggest beverages companies of the 502742) :- The company's textiles doubled from the lows of Rs. 17.20 signed agreements with as many as
country which produces and markets tea, coffee, water and other beverages. It unit will become operational from to touch Rs. 32 since then. It is likely 27 states for the central
has its operations in Europe, Canada, America and Australia and 40 other coun- August. A 30% jump has been seen to strengthen further. government's Uday scheme.
tries. In FY2017, the company's income increased from Rs6636.54 crore to in the share. Moreover, Morgan MRPL (Rs. 125.00) (Code: Disclosures as per SECURITIES AND
Rs6779.55 crore, while it witnessed profit of Rs454.80 crore against losses of Stanley has bought nearly 36 lakh 500109) :- MRPL is a subsidiary of EXCCHANGE BOARD OF INDIA (Research
Rs37.09 crore and witnessed EPS of Rs6.17. The stock is good option for invest- shares of Sintex in bulk deals. ONGC. The merger of ONGC and Analysts) Regulation, 2014; I and / or my
ment at current market price. The company's market cap is Rs10997 crore. HPCL is likely to be announced clients may have investment in this stocks
Bodal Chemical (Rs. 180.00)
I/My family have no financial interest or
Fortis Healthcare (Rs.162.00) (Code:532843) :- The stock has (Code: 524370) :- Chemical shares soon. Incidentally, both ONGC and
beneficial interest of more than 1% in the
been in talks because a Malaysian healthcare company was expected to buy a have been on the rise in the past HPCL own stake in MRPL. Merger company whose stocks I am recommend-
big stake so the stock prices were stable at 200 level. However, now Japanese year. According to reports, Ashish of the two entities will benefit MRPL ing Stop loss is useful for Short / Medium
Company Daichi has appeal in the court so the prices have come down to 160 Kacholiya has recently bought 1.2 significantly. Term investor Only Smart Investment will
level. Shareholders have given nod to sell the stake. Health care segment is million shares at an average price JSPL (Rs. 137.00) (Code: not be responsible / liable for any loss
witnessing higher fancy due to changing life-style of people. The company of Rs. 165, putting the stock on in- 532286) :- Both volumes and share arising out of investment based on tis
manages hospital chains in India and abroad. In FY2017, the company's in- price of Jindal Steel & Power have advices Past performance may or may
vestors' radar.
not be substainedin future "
come increased from Rs4275.75 crore to Rs4573.71 crore, while it witnessed Adhunik Ind (Rs. 100.00) gone up i 10 days. According to re-
(Dilip K. Shah) Research Analyst SEBI
profit of Rs479.75 crore against losses of Rs24.85 crore. The promoters' exit (Code: 538365) :- Vedanta Re- ports, promoters are increasing Regn No. : INH000002152
may result in re-rating of the stock. sources Plc has recently bought 2.7 their stake in the company.
I.G.Petro (Rs445.00)
(Code:500199) :- Goa-based com- Hold Sell on High
pany produces chemicals which are
Buy... Buy... Buy on Dips
used in many industries. The promot- Unitech 7.65 GHCL 238.00 L & T Infotech 781.00 TCS 2398.00
ers hold 72.22% and public hold Equitas Holding 169.00 Tata Motors (DVR) 272.00 Alkem Lab. 1787.00 Dr. Reddy 2704.00
27.72% stake in the company. The HCL Info 47.00 Aegis Logistics 189.00 Max Fin. 598.00
bullish trend in paint sector and lower Snowman Log. 57.00
APAR Ind. 784.00 Ajmera Realty 214.00
MCX 1096.00
crude prices have benefitted the com- Ujjivan Fin. 346.00 Cholamandalam 1152.00 IRB Infra 219.00
Brigade Enterprise 272.00
pany. As against equity of Rs30.8 S. I. Bank 28.00 Symphony 1325.00 Coal India 250.00
crore, the company has reserves of
Carborundom Uni. 350.00
PTC India 115.00 Varun Beverages 520.00 Reliance Ind. 1531.00 Justg Dial 357.00
Rs362.53 crore. In FY2017, the ITI 94.00 M&M 1377.00
CanFin Homes 3200.00 Bombay Burmah 879.00
company's income increased from VRL Logistics 321.00 ONGC 158.00
Rs952.84 crore to Rs1037.48 crore, Dilip Buildcon 543.00 Godfre Phillips 1259.00
JM Fin. 125.00 CESC 904.00 Godrej Property 503.00
while profit increased fro Rs60.36 crore Indo Count 164.00
Parag Milk 236.00 DLF 201.00
to Rs101.56 crore with EPS of
Sterlite Techno 160.00 RBL Bank 541.00 Shree Cement 18585.00 Themis Medi 525.00
Rs32.98. The stock prices have Oberoi Realty 375.00 ACC 1752.00
spurted from Rs40 to Rs500 in three Pincon Spirit 72.00 Kopran 83.00
years. It may continue witness bumper Nalco 69.00 Gulf Oil 797.00 Guj. Gas 741.00 Ajanta Pharma 1491.00
growth in future as well. HCC 40.00 V-Guard 181.00 Gruh Finance 502.00 Wipro 259.00
8 16th July to 22nd July 2017 SMART
INVESTMENT

Postal Regd. No. GAMC - 1703/2015-17. issued by SSP Ahd. Valid up to 31-12-2017
Published on Every Sunday Permitted to post at Ahmedabad PSO on every Monday (weekly) under
Stock Wave Sarvesh Ashok Trivedi
(Mumbai) (Mob) 09820728124
w w w. c h a r t s a n ke t s t o c k . c o m
A week of new milestones despite all odds level and the stage is set for the said

Be cautious amid upward movement in selected shares Experts Eye movement. Mounting tension on
Indo-China and Indo-Pak borders
Best Buy
Dilip Davda with unrest in Kashmir ignored for a Podar Pigments,
BSE Index (32020.75) :- It is improving from bottom of 30680.65. It
shows overbought position on daily, weekly and monthly basis. On upward
while. Even FIIs selling spree did not Vesuvius, KCP Sugar
e-mail : dilip_davda@rediffmail.com impact the sentiment of local opera-
movement, beyond 32115 it may go up to 32250, 32390, 32525 and 32650. tors and bulls. at 31715.64. Thus first day of the
The Week crossed last week's
On downward movement, below 31753 it may get support at 31618. The During the week, indices moved week marked new milestones. Tech-
estimates for this week's move-
market is highly overbought, so it may witness correction. in the range of 9913.30-9646.45 and nical snag curtailed trades at NSE.
ments on the higher side despite all
Nifty Future (9899.55) :- It is moving upward from bottom of 9451.50. 32109.75-31471.41 for NSE Nifty However, Sensex gained with major
odds and created new mile stones
It shows overbought position on daily, weekly and monthly basis. On up- and S&P BSE Sensex respectively. trades taking place on BSE for the
for intraday as well as for the close.
ward movement, beyond 9912 it may go up to 9950 with resisting level at Secondary Market :- Markets day. Short covering by bear traders
While first four days we marked posi-
9990. On downward movement, below 9838 it may go up to 9833, 9800 with opened higher with a gap on Mon- and heavy buying from fund houses
tive closings, last session of the week
support at 9670. day and continued to rally to close lifted the indices. Even Small and Mid
turned negative, though flat. Newly
Bank Nifty Future (23977.40) :- It is moving upward from bottom of with mega gains. NSE Nifty scored cap counters surged. Metal and Min-
listed counters galloped to mark new
23007.05. It shows overbought position on daily basis, overbought to neu- 105.25 points to close at 9771.05 and ing, Pharma, Banking counters lead
highs during the week before cor-
tral on weekly basis and overbought position on monthly basis. On upward mirroring similar trends, BSE Sensex the rally. FIIs were the net buyers
recting heavily between 5 to 14% on
movement, beyond 24070 it may go up to 24160, 24250, 24370. On down- gained 355.01 points to end the day for the day. Even DIIs were net buy-
the last day. RIL supported index
ward movement, below 23880 it may get support at 23625. ers and thus all out buying lifted sen-
based rally but side market moved
Ashok Leyland (105.40) :- It has witnessed ups and downs but is timent despite all odds.
moving upward from bottom of 72.40. It shows overbought position on daily,
in both directions. If shrewd opera- Ex-Bonus
tors are to be believed, July Nifty (Cont. on P. No. 6)
weekly and monthly basis. On upward movement, beyond 112 it may wit-
expiry is likely to take place at 9950+ L & T (1 for 2)
ness big improvement in prices. Support could be at 101.
ACC (1755.10) :- It is moving northward from bottom of 1541.25. It During the Week Dividend Announcements
shows overbought position on daily basis, (Cont. on P. No. 6) During the week, dividend announcements came in from Excell lnd (120%), Mafatlal Ind (20%),
NHPC (1%), Larsen Toubro (700%), Menon Piston (50%), IVP (20%), National Fittings (20%), Gujarat
Golden quote :- Fear is the heart of love, Hotels (35%), Nagarjuna Agri (12.5%),Shilchar Tech (30%), TCS (700%), Bright Bros (20%), Hatsun Agro
If you dont fear. You arent truly in love (100%), India Gilatine (9%), Nitin Casting (10%) etc.

Terrific Shots - Dilip K. Shah Smart Tips Smita N. Zaveri

Varun Beverageis
(Rs.520.00) (Code:540180) :-
The company sells franchise of Pepsi
Co in India and other countries. It
came up with IPO in October 2016 at
price of Rs445. So it has not given
handsome return after listing. The
promoters hold 73.62% and public
hold 26.38% stake in the company. It
follows December quarter as year
ending. In the year ending in Decem-
ber, the company's income increased
from Rs3394.15 crore to Rs3852.01
crore, while profit increased from
Rs113.40 crore to Rs151.26 crore
with EPS ofRs10.42. In March quar-
ter, the company's income increased
from Rs869.02 crore to Rs879.20
crore, while it witnessed profit of
Rs6.89 crore against losses of
Rs55.71 crore. The stock may seem
bit costly at current rate but it may
give good return in long term.
TCPL Packaging
(Rs.692.00) (Code:523301) :- It
is active in packaging sector with
factories in Silvasa, Goa and
Haridwar. It provides packaging so-
lutions to automobiles, stationary,
pharmaceuticals and arilines along
with cigarettes, liquor and other in-
dustries. As against equity of Rs8.7
crore, the company's reserves stand
at Rs169.22 crore. In March quar-
ter, the company's income de-
creased from Rs157.75 crore to
Rs145.44 crore, while profit has also
decreased from Rs9.42 crore to
Rs5.49 crore. The sector's growth
rate is quite high so the company
may perform better in future despite
poor performance in FY2017. The
company has declared 62.5% divi-
dend and has fixed August 1, 2017
as book closure.
Indian Hume Pipe
(Rs.529.00) (Code:504741) :- It
manufactures basic pipes, concrete
slippers and sports rifles. It owns 19
factories in 8 states and has com-
pleted more than 100 projects. As
against equity of Rs4.84 crore, the
company has reserves of Rs375.93
crore. In FY 2017, the company's
income increased from Rs398.94
crore to Rs1799.54 crore, while profit
increased from Rs29.1 crore to
Rs98.78 crore. The client list in-
cludes Indian Railway, BHEL, NTPC,
IFFCO, SJVNL along with state gov-
ernment PSU in states like Andhra
Pradesh, Delhi, Gujarat, Karnataka,
Madhya Pradesh, Rajasthan, Sintex, Balrampur Chini, S. I. Bank, Snowman
Maharashtra, Tamil Nadu, UP and
Sintex (Rs. 33.00) (Code: 502742) :- Sintex shares are listed in the
other states. It paid 50% interim and
A group on BSE and have face value of Re. 1. The shares touched a 52-week
120% final dividend. The stock has
high of Rs. 37 and low of Rs. 17. The Kalol based company was known as
come into focus after getting Rs400
Vijay Mills earlier. The company has demerged its plastic division from the
crore orders from Tamil Nadu and
textiles business. Following its restructuring, Sintex has moved from high-end
Rajasthan. The stock may cross
fabrics to compact yarn, which has higher margins. It has invested Rs. 4,300
Rs600 level in four to six months.
crores in two phases. The first phase is operational, and when phase 2 starts,
JK Tyres (Rs165.00)
it will have 6 lakh new spindles, making it the largest compact yarn player in
(Code:530007) :- Tyre sector is
India. Being based in Gujarat, it has access to cotton easily. Moreover, the
ripping benefit of lower rubber and
plant is located just a few km from Pipavav Port. Share of exports in Sintex's
crude prices, but dumping from China
business is 38%. The shares have surged recently after Morgan Stanley
is also a cause of concern for the
bought 35.70 lakh shares in bulk deals. Some HNIs have good holding in the
sector. It owns 3 plans at Mysore
company, and they believe the stock is very attractively priced.
and one plant each at Bonmore,
Balrampur Chini (Rs. 154.00) (Code: 500038) :- The shares
Kankroli and Chennai. It has com-
are listed in A Group and have face value of Re. 1. The shares touched a high
pleted process of acquisition of
of Rs. 170 and low of Rs. 98 in the last 52 weeks. The Centre has recently
Kesoram Industries. As against eq-
hiked import duty on sugar by 10% from 40% earlier. Higher import duty will
uity of Rs45.36 crore the company
mean stable sugar prices and benefit from farmers. Being based out of UP,
has reserves of Rs1919.42 crore.
Balrampur Chini will benefit the most from the move. UP chief minister recently
The company's Bangaluru plant has
announced that sugarcane prices would be fixed in such a way that both
become operational, which will in-
farmers and millers benefit. UP government has also decided to increase use
crease profitability. In FY2017, the
of ethanol in fuels, which will boost sugar mills. For FY 2017, company re-
company's income increased from
ported 26% rise in sales at Rs. 3,460 crores, while net profit surged five times
Rs6953.12 crore to Rs7689.37
to Rs. 590 crores. The stock can be seen at Rs. 200 levels in the short term.
crore, while profit decreased from
S. I. Bank (Rs. 28.00) (Code: 532218) :- Shares of South Indian
Rs463.80 crore to Rs375.40 crore.
Bank are listed in the A Group, and have face value of Re. 1. The shares
The company has declared 125%
touched a 52-week high of Rs. 29 and low of Rs. 18. This Kerala-based
dividend for FY2017 and book closer
public bank has reported profit of Rs. 101.5 crore for Q1, which was Rs.
will be from July 27. The stock prices
95.06 crore last year.
may move forward towards 200. (Cont. on P. No. 6)

Grand Success Story of Date Stock Reco.

Rate
Target Achieved
(Rs.) Rate
Return
(%)
Date Stock Reco.
Rate
Target Achieved
(Rs.) Rate
Return
(%)
Dow Scheme 3rd June-16
9th June-16
J M FIN
BAJAJ ELE
47
232
56-59-65
300
132
387.4
181%
67%
5th Jan 17
6th Jan 17
MAGNGALORE CHEM
INDO RAMA
48.2
34.25
55-60
36-37
82
42.6
70%
24%
After grand success of our Website www.smartinvestment.in & Our Publica- 20th June-16 GAEL 58 75-85 153 164% 11th Jan 17 TRIDENT 62.5 75-100 92 47%
tions, Smart Investment Weekly (Gujarati & English), Smart Plus News Letter & 24th June-16 IOL CHEM 136 175-275 156 15% 13th Jan 17 PITTI LAMINATIONS 60 63-65 69.85 16%
Smart Bonanza (Gujarati Weekly), Smart Investment proudly announces launch 1st July 16 IL&FS TRANS 78.5 95-105 124.8 59% 20th Jan 17 SUPER CROP SAFE 136 225 163 20%
of DOW wherein subscribers to this service will be given through SMS/Email 7th Junly 16 NETWORK18 45.5 64-71 54.8 20% 27th Jan 17 IHTL 192 202 202 5%
Breaking News and Other Buy / Sell Ideas which happen during the week i.e. 15th July 16 SARDA ENERGY 141 180-200 296.2 110% 2nd Feb 17 SUBEX 10.6 13-14 12.35 17%
during the interval of publication of our 2 issues. 22nd July 16 AARTI IND 553 620-625 978 77% 6th Feb 17 BGR ENERGY 138.5 175 183.4 32%
Such information will be ahead of our competitors and will enable subscribers 28th July 16 MAGMA FIN 106 135-140 138 30% 6th Feb 17 LAURUS LAB 538 625 611 14%
to reap rich dividend in short term/few days as well as early entry for LongTerm 3rd Aug 16 GARWARE WALL 453 535-540 849 87% 14th Feb 17 ATLANTA 83 105 120.45 45%
Wealth creation. Investors interested to subscribe to DOW can provide their 5th Aug 16 ION EXCHANGE 327 445-450 473.8 45% 16th Feb 17 PITTI LAMINATIONS 62 72-75 69.85 13%
Mobile no and email id and make payment of 12th Aug 16 IOL CHEM 137 175-275 156 14% 16th Feb 17 EON ELECTRIC 63.5 85-90 80 26%

Dow Stocks is now Dark Horse

18th Aug 16 SAMBANDAM SPI 113 130-140 152 35% 28th Feb 17 KWALITY 157 175-185 167.95 7%
22nd Aug 16 SUBEX 12.65 16.5-18.4 13.5 7% 1st Mar. 17 SPARC 339 370-385 357.4 5%
31st Aug 16 IDFC 58.25 70 71.3 22% 2nd Mar. 17 KOPRAN 71 83-95 102.45 44%
4th Jan. 2017 we had recommended Rain Ind. at Rs. 56, Now 8th Sep 16 IRB INFRA 242 270-285 272.65 13% 8th Mar. 17 AJMERA REALTY 197 250-260 252 28%
Trade at Rs. 105, o On 15th July we recommended Sarda Energy 8th Sep 16 TALBROS ENG 238 255-260 399.6 68% 10th Mar.-17 CORDS CABLE 81.5 84-86 111 36%
16th Sep 16 NOCIL 68 85 111.4 64% 15th Mar. 17 ADANI ENTER 99.5 115-120 160.7 62%
at Rs. 141 Now trade at Rs. 246, 13th April 2017 recommended 21st Sep 16 CONART ENG 40 48 58 45% 17th Mar.17 GUJ THEMIS 48 53-55 55.5 16%
Weizmann Forex at Rs. 524, Now Trade at Rs. 608. 23rd Sep 16 KEI IND 120.5 140-170 238 98% 17th Mar.17 SHILCHAR TECHNO 380 450-525 524.9 38%
Rs 5000/- (for 1 year) 29th Sep 16
29th Sep 16
DYNAMIC IND
GSFC
60
77
70-75
101
82.9
148.5
38%
93%
20th Mar.17 ELECTROSTEEL CAST
24th Mar.17 ONWARD TECH
29.5
74.5
37-40
78-80
40.65
98.8
38%
33%
in favour of Archi Publications 5th Oct 16 MAGMA FIN 116 140 138 19% 24th Mar.17 AVT NATURAL 37 39.5-41 49.9 35%
19th Oct 16 JINDAL POLY 429 460-490 477 11% 29th Mar.17 SANKHYA INFO 58.5 70-75 60 3%
Contact : (M) 9825006980 & 9979330348 25th Oct 16 A2Z INFRA 40.75 50 52.65 29% 31st Mar.17 MOLD-TEK 53.5 55-56 56.8 6%
smartinvest25@gmail.com , smartinvest25@yaoo.in 30th Oct 16 JENBRUKT PHARMA 482 700 572.5 19% 5th April-17 MTNL 25.75 31-35 27.1 5%
30th Oct 16 ADVANCED ENZ 2125 2700 2375.5 12% 6th April-17 SARDA ENERGY 258 300 277.7 8%
Web : www.smartinvestment.in 4th Nov 16 MAFATLAL IND 443 425-500 448 1% 13th April-17 WEIZMANN 524 560-570 648 24%
4th Nov 16 ABC BEARINGS 174 210-250 198 14% 20th April-17 COMPUCOM SOFT 17.5 19.5-20.5 18.1 3%
Bank Details 2nd Dec 16 MRPL 100 119-138-149 142.8 43% 21st April-17 ALEMBIC 46.7 55-61 51.7 11%
HDFC Bank : Current A/c No. : 00062560008858 9th Dec 16 SONATA SOFT 164 195 224 37% 28th April-17 REL INFRA 595 700 620 4%
Beneficiary Name : Archi Publications 16th Dec 16 INDIA GLYCOL 137 180-200 203.9 49% 28th April-17 DAMODAR IND 95 100 99.5 5%
RTGS / NEFT IFSC : HDFC0000006 30th Dec 16
30th Dec 16
MADHAV MARBLE
ORIENT BEVERAGES
59
160
64-66
170-172
79.5
181
35%
13%
2nd May-17 VIPPY SPINPRO
2nd May-17 DEEP IND
50
332
55-56
400
47
343
-6%
3%
Navrangpura Branch, Ahmedabad-380009. 4th Jan 17 RAIN IND 56.5 70 122.8 117% 15th May-17 TALBROS AUTO 175 210 196.1 12%

Printed by Dilip K. Shah, Published by Dilip K. Shah, Owner by Dilip K. Shah. Printed at Allied Offset Printer Pvt. Ltd. 14/2, Kalidas Mill Compound, Gomtipur, Ahmedabad-
380021. Published from 311 to 313, Nalanda Enclave, Opp. Sudama Resorts, Pritam Nagar1st Dhal, Ellisbridge, Ahmedabad. Editor : Dilip K. Shah