DSIJ3203

CONTENTS Vol. 32 No.
03 • JAN 9 - 22, 2017
Cover Story 46
Recommendations
10 Choice Scrip
12 Low Priced Scrip
14 Hot Chips
18
Regulars
06 Editor’s Keyboard
Analysis 07 Company Index
Bajaj Finance 08 Market View
16 Technicals
Robust Growth, 62 Query Board
Great Prospects 66 Kerbside
20
Special Report
Gold May Continue Subscribers can access
the complete databank
To Shine In 2017 consisting of more than

3500 companies on our
website www.DSIJ.in
24 Special
Report
CL Educate – Scaling The

Educational Ladder
4 DALAL STREET INVESTMENT JOURNAL I JAN 9 -22, 2017 DSIJ.in
A Friendly Union Budget May Be On The Cards
T
he long queues outside branches and ATM kiosks of the banks are slowly but steadily reducing
by length while banks have just started encouraging big-ticket cash withdrawal across the
counters. Things, two months since demonetisation move undertaken by Narendra Modi-led
NDA government have started showing positive signs with crores being seized from black
money holders. Hundreds of cases against errant citizens have been filed by law-enforcing
agencies on charges related change of old currencies to new ones in illegal methods, sitting on huge
amount of black money and not paying taxes. Irrespective of political chaos at this time ruling across the
country, things have started stabilising.
Though situation could have been better after 50 days since the crucial move, but it is not looking that bad
also at this time of going to print. Meanwhile, elections in five states including Uttar Pradesh have been
announced on January 4—all eyes will be on the political developments in those states while we are
anxiously waiting to read through the union budget document so far scheduled to be tabled in the
Parliament on February 1. Discussions in the national capital
over rolling out of GST this April are also in the final stage
and though certain states have expressed their concern,
mostly political in nature, about the timing, India Inc. is
excited over the days to come. It will not only simplify the
taxation process but will also bring the entire country’s
business transactions under a unified tax regime.
Talking about the union budget, I believe the broad theme

behind this budget will be taxation spanning from benefits
to individual taxpayers and at the same time bringing
down the corporate tax rates which was earlier highlighted
by the Finance Minister in his previous budget speech,
almost a year back.
In my reading, RBI is likely to bring down interest rates

further downwards as all the commercial banks in the
country are currently overflowing with money which
ultimately needs to be given out as loans. From the undisclosed income, which the government is likely to
receive at the end of this humongous demonetisation drive, which according to some rough estimates is
pegged at around Rs 3 to 4 lakh crore will flow towards both economic and social infrastructure along with
defence expenditure in the coming times. This budget will be high on content and will lay down the
roadmap till the end of NDA government’s tenure in the office. Government in most likelihood will refrain
from any type of populist measure in the lead up to the state elections especially with that off Uttar
Pradesh.
In my view sectors, which seems to be nicely poised given the budget expectations are banking, cement,
steel, tourism, NBFCs and select auto ancillary companies and lastly pharma companies which have less
exposure to US markets. Above mentioned stocks in my view are likely to be in focus leading up to the
union budget. In this edition of your favourite investment fortnightly, we have dedicated a section on
budget expectations of the India Inc. I am sure you will find it as an interesting read. We have also brought
an exhaustive story on future of gold as an investment instrument—I am sure the report will guide you
through your investment decisions in this year.
Going forward Q3 results are expected to be a muted one considering the impact of demonetisation on
various sectors. At this juncture, I expect markets to remain strong in 2017 with many interesting events
lined up throughout the year.
Wish all our readers a very happy 2017. Let us have a prosperous and healthy year together.
V B PADODE
Editor-in-Chief

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Reader Speak
Chief Copy Editor Manoj Singh Gautam I am a subscriber of DSIJ. I appreciate kind of research you people do
Prakash Patil Mohnish Sawant for each article. The contents are also simple to read. With every new
Assistant Editor Marketing & Sales issue, DSIJ recommends some stocks (around 10). I guess like me, many
Yogesh Supekar G M - Marketing & Sales of the reader-investors may not be buying all those stocks, but a few
Research Farid Khan
ones.Now there is a tracker in DSIJ app which is well and good. But
Neerja Agarwal Mumbai:
(Sr. Manager Research) searching our portfolio stocks out of that is cumbersome. Specially
Nitin Zimur
Karan Bhojwani (Sr. Manager - Sales) when over the time, number of stocks increases. I have a suggestion
(Sr. Research Analyst)
Bengaluru:
which could add great value to your services to us. It would be helpful if
Rashmi Wankhede N K Vishwanatha you integrate a portfolio viewer in the app and website, so that we could
(Research Analyst) (Sr. Manager - Sales) current position of the stock along with your recommendation of exit or
Bhagyashree Vivarekar
(Research Analyst- Editorial) Delhi: hold. Hope you would consider on this suggestion and continue your
Lohit Bharambe
Atul Verma improvement in services.
Senior Manager- Sales & Marketing)
(Sr. Research Associate) - Neeraj
Abhishek Kumar Mutual Funds :
(Sr. Research Associate) Hemant Rustagi Editor’s response: Dear Mr Neeraj, let me first wish you a very happy
Arshad Hippargi Tax: and prosperous new year. We find your suggestions very interesting and
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to meet demands coming from valued readers like you. Regards
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Recommendations
Price Page
Company/Scheme Reco. Column
020-49072626 OR  service@DSIJ.in (`) No
Mumbai Office
8K Miles Software Services l Buy 706.00 Hot Chips 14
419-A, 4th Floor, Arun Chambers, Tardeo, Adani Enterprises l Buy 77.70 Kerbside 66
Next to AC Market Mumbai - 400034
022-43476012/16/17 APL Apollo Tubes l Buy 947.00 QueryBoard 62
Pune Office Asian Oilfield Services l Exit 125.20 QueryBoard 62
C-305, 3rd Floor, Trade Center,
North Main Road, Near Axis Bank, Opposite Lane no. 6, Bajaj Finance l Buy 883.70 Analysis 18
Koregaon Park, Pune - 411001 Balrampur Chini Mills l Buy 132.00 Hot Chips 14
020-49072600
Bengaluru
Chambal Fertilisers l Buy 78.45 Technicals 17
Boston Financial Advisory Group, # 54, DELTA CORP l Buy 117.00 Technicals 17
3rd Floor, 13th Main, 17th Cross, HSR Layout,
Bengaluru - 560102 080-25724800/600 Divi’s Laboratories l Exit 753.00 QueryBoard 63
Delhi 8800978622 Dr. Lal PathLabs l Buy 1090.00 Kerbside 66
Engineers India Hold 154.00 QueryBoard 64
To advertise, mail us on ads@dsij.in l
Gufic Biosciences l BP 60.85 Reviews 65

Printer and Publisher: Nitin Sawant, Editor: V B Padode for DSIJ Pvt Ltd. on
behalf of Achievements Merchandise Pvt Ltd. Printed at Kala Jyothi Process Pvt. Gujarat Ambuja Exports l Buy 92.25 Low Priced Scrip 12
Ltd. Plot No.: W-17&18, M.I.D.C. Industrial Area, Taloja, Dist. Raigad, Navi
Mmbai. - 410 206. and published from 419-A, 4th Floor, Arun Chambers, Tardeo, Power Grid Corporation l Buy 188.00 Choice Scrip 10
Next to AC Market, Mumbai - 400034  All rights reserved.  While all efforts
are made to ensure that the information published is correct and up-to-date, Dalal RPP Infra Projects l Hold 230.40 QueryBoard 63
Street Investment Journal holds no responsibility for any errors that might occur.
All material contained herein is based on fundamental and technical analysis and Skipper l Exit 138.00 Reviews 65
other in-house methods, which though reliable, are not infallible. The information
given in the magazine is of an advisory nature. Readers are advised to consult Sunil Hitech Engineers l Hold 12.70 QueryBoard 64
experts before taking any investment decision and Dalal Street Journal holds no
responsibility for any losses that may arise due to investment decisions made on Timken l Buy 638.00 Kerbside 66
the basis of information given within the magazine. No reproduction is permitted
in whole or part without written consent from Dalal Street Journal  All disputes Zen Technologies l Buy 77.65 Kerbside 66
are subject to the exclusive jurisdiction of competent courts and forums in
Mumbai only.  Dalal Street Investment Journal is a member of INS/ABCs. BP - Book Profit • BPP - Book Partial Profits • BL - Book Loss
DSIJ.in JAN 9 -22, 2017 I DALAL STREET INVESTMENT JOURNAL 7

Market Watch One of the biggest news came from
the country’s largest lender SBI
when it trimmed down its lending
Q3 Numbers, Decision On GST rates drastically by 90 basis points,
bringing a much-needed cheer on
Roll Out Will Direct The Markets

the face of the common man. Soon,
all the other lenders and NBFCs
followed suit. The lower interest
Indian markets ended 2016 on a positive anywhere in the range of 1 to 2.3
rates will definitely give the
note, as the benchmark indices turned percentage points. The US markets took a economy a positive boost in the
positive in the last week of trading and just breather and remained flat with a negative medium to long run.
managed to deliver positive returns. Ever bias. China posted robust factories and
since the demonetisation decision by the services numbers for the month of
government, the markets have only been December, thereby boosting sentiments. Going ahead, markets would keenly
moving southwards trying to ascertain the watch the outcome of the GST Council
real impact of currency demonetisation on In commodities, crude touched 18-month meet as possibility of meeting the
various sectors in the economy, especially high at USD 58 on the back of Saudi Arabia deadline of April 1, 2017 looks a distant
the cash-dependent ones. However, as we expecting to raise price amidst production possibility now. However, reaching a
moved towards the end of the 50-day cuts. consensus on the contentious issues will
demonetisation period, markets were in a be the key for the successful roll-out of the
much better mood anticipating sops and On December 31, 2016, PM Modi GST as early as possible. In the coming
announcements from the government and addressed the nation at the end of the days, budget preparations would enter last
the central bank of the country. 50-day demonetisation period, praising the phase with hectic consultations taking
people for their support to the government place with the states and the industry
Both the benchmark indices Sensex and on demonetisation. The PM in a bonanza bodies. Lastly, from next week onwards,
Nifty gave positive returns supported by of sorts doled out several sops for the urban Q3 earnings would start flowing in and
cheaper valuations which prompted poor and women as also for the rural markets would track them closely to
investors to look after good quality heavily economy, ranging from lower interest rates, assess the impact of demonetisation on
battered stocks for investment. Mid-caps credit facility, affordable housing push, individual companies.
remained flat, whereas small-cap stocks did women welfare, etc. DS
19th Dec 3rd Jan Gain/Loss

Indices
2016 2017 (%)
Dow Jones Ind 19,883.06 19,881.76 -0.01

S&P 500 2,262.53 2,257.83 -0.21
NASDAQ 5,457.44 5,429.08 -0.52
FTSE 100 7,017.16 7,177.89 2.29
DAX 11,426.70 11,584.24 1.38
CAC 40 4,822.77 4,899.33 1.59
Hang Seng 3,118.08 3,135.92 0.57
Nikkei 19,391.60 19,114.37 -1.43
Performance Of Indices Net Investment In Equity Markets (`/Cr)

well in the last two weeks. As for sectoral 19th Dec 03rd Jan Gain/Loss FIIs DIIs
Indices Date
performance, the FMCG and realty indices 2016 2017 (%)
20-12-2016 -554.06 418.93
stood out as they delivered returns of 4.3 SENSEX 26,374.70 26,643.24 1.02
21-12-2016 -621.37 1057.96
and 3.8 per cent, respectively. On the other Nifty 8104.35 8192.25 1.08
22-12-2016 -1108.15 319.79
hand, banks lost as they had to cut down Mid-cap 12,174.04 12,205.13 0.26
23-12-2016 -573.53 1614.94
on lending rates. Small-Cap 12,057.69 12,315.16 2.14
26-12-2016 -1460.65 1065.39
Auto 20,115.35 20,612.09 2.47 27-12-2016 -1099.84 1502.41
Globally, markets remained a mixed bag Bankex 20,927.60 20,615.91 -1.49 28-12-2016 -683.85 824.84
going into the year-end holiday, with most FMCG 7,858.84 8,192.81 4.25 29-12-2016 -526.38 957.83
of the markets trading on thin volumes and IT 10,029.51 10,126.01 0.96 30-12-2016 -661.3 725.26
no clear movement on either side. Metal 10,346.17 10,346.25 0.00 02-01-2017 -678.87 20.66
European markets outperformed their Power 1,995.36 2,016.91 1.08 03-01-2017 -347.78 562.27
developed market peers as they gained Realty 1,274.62 1,322.99 3.79 Total -8315.78 9070.28

Recommendations Equity
Power Grid Corporation of India (PGCIL)
SWITCH ON TO POWER-PACKED PERFORMANCE from others in H1FY17. Its EBITDA

too rose 30.67 per cent to `11,024 crore in
H1FY17 on a yearly basis. PGCIL’s
net profit also increased 32.45 per cent
to `3,674 crore in H1FY17 on a YoY
basis.
HERE IS WHY PGCIL has commissioned cumulative
Strong Financials projects worth `11,000 crore in FY17 till
date. The company has received invest-
Robust Order Book ment approvals of `26,948 crore in
Attractive Valuations H1FY17. It has also bagged contracts
worth `18,094 crore in H1FY17.
P
PGCIL’s topline has increased 16.27 per
cent CAGR over the last five financial
ower Grid Corporation of years ending with FY16. The company’s
India (PGCIL) is a EBITDA too rose 16.25 per cent CAGR
transmission company during FY12-FY16. Its bottomline also
engaged in the power increased 15.12 per cent CAGR in the last
transmission business with five financial years.
responsibility for planning, Best of LAST ONE Year
implementation, operation and Name of Reco CMP Gain PGCIL’s revenue rose 11.33 per cent to
maintenance of inter-state transmission Company Price (`) (`) (%) `27,780 crore in FY16 as compared to
system and operation of national and Techno Electric & Engg. 217.00 303.00 39.63 previous financial year. The company’s
regional load despatch centres. It owns Arvind Ltd 285.00 359.00 25.96 EBITDA increased 11.66 per cent to
and operates over 129,350 circuit Godrej Consumer Prod. 1329.00 1533.00 15.35
`27,467 crore in FY16 on yearly basis. Its
kilometers of EHV transmission lines. net profit also rose 5.09 per cent to `6,184
GE Shipping 328.00 371.00 13.11
The company has approximately 210 crore in FY16 on a year-on-year basis.
sub-stations. Its Smart Grid enables real Reliance Industries 987 1090.00 10.44 PGCIL has ROE and ROCE of
(Closing price as of Jan 03, 2017)
time monitoring and control of power 14.9 per cent and 10.1 per cent respec-
system. tively in FY16.
Powergrid Warora Transmission, a On the half yearly front, PGCIL’s revenue On the valuation front, the share price of
wholly-owned subsidiary of PGCIL, increased 29.5 per cent to `12,375 crore PGCIL is trading at a PE multiple of
secured through Tariff Based Competi- in H1FY17 as compared to the same 13.86x as compared to industry PE of
tive Bidding (TBCB), has successfully period in previous financial year. On the 13.13x. Meanwhile, the company has
completed the element - LILO of segmental revenue front, the company attractive PE multiple as compared to
existing Seoni-Bina 765kV S/C line at has earned 93.1 per cent from transmis- peers such as Torrent Power (15.36x),
Gadarwara STPP. The company started sion charges, 2.15 per cent from consul- NTPC (13.19x) and Adani Power
commercial operation on November 30, tancy income services, 1.89 per cent from (55.24x). The company’s stock has given a
2016. telecom and remaining 2.86 per cent dividend yield of 1.27 per cent. DS
CMP
Monthly Stock Market Returns Shareholding Pattern Last Five Quarters - Standalone (`/Cr)
(`) 30/09/2016 Particulars Sept-16 Jun-16 Mar-16 Dec-15 Sept-15
Promoter 57.90 Total Income 6254.88 6119.86 5760.07 5406.58 4865.93
FII 27.16 Other Income 225.32 139.44 201.42 98.25 124.13
BSE Code: 532898
CMP: `188 Operating Profit 5829.46 5559.08 5295.24 4893.85 4425.96
FV: `10 DII 8.04
BSE Volume: 569021 Interest 1587.60 1517.77 1477.34 1287.54 1185.35
Date: 03/01/2017 Others 6.90
Net Profit 1872.00 1801.77 1599.05 1613.12 1418.03
Total 100 Equity 5231.59 5231.59 5231.59 5231.59 5231.59
Note: The stocks recommended under this section are fundamentally strong stocks. However investors are advised to wait for the correct opportunity to enter these stocks considering the market sentiment right now.
10 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

Gujarat Ambuja Exports
REAP A RICH HARVEST WITH GAEL in the previous fiscal. GAEL’s net profit
almost doubled to `78.09 crore in
H1FY17 on year- on-year basis. The
company’s net profit margin expanded
by 244 basis points to 5.58 per cent in
H1FY17 on a yearly basis.
HERE IS WHY GAEL’s net sales increased 8.11 per cent
Strong product portfolio to `2,737 crore in FY16 as compared to
the previous financial year. The com-
Greenfield expansion pany’s EBITDA too rose 13.92 per cent
Robust financials coupled with attractive to `188 crore in FY16 on a yearly basis.
valuations Its net profit also increased 23.27 per
cent to `104 crore in FY16 as compared
to the previous financial year.
G
PRICED SCRIP On the segmental revenue front, GAEL
ujarat Ambuja Exports has earned 49.9 per cent from agro-
(GAEL) offers raw and Best of LAST ONE Year processed products, 40.54 per cent from
refined soya oil, maize Name of Reco CMP
maize processing division, 6.1 per cent
Gain
starch, soya de-oiled cakes Company Price (`) (`)
from cotton yarn and the remaining 3.46
(%)
and liquid glucose. The per cent from power in FY16.
company's segments include cotton yarn, V2 Retail 48.20 114.00 136.51
maize processing, agro processing, power Manappuram Finance 35.20 72.50 105.97 GAEL’s topline rose by a CAGR of 5.22
and others. It has an installed seed - ADF Foods Ltd 83.70 150.00 79.21 per cent in FY12-FY16. The company’s
crushing capacity of 4,600 metric National Aluminium Co. 41.95 66.00 57.33 EBITDA too rose by 12.07 per cent
tonnes per day and installed edible oil Jasch Industries 31.30 48.75 55.75 CAGR in last five fiscal years. Its bottom-
refining capacity of 1,200 metric tonnes (Closing price as of Jan 03, 2017) line also rose 15.74 per cent CAGR in
per day. The maize processing division has FY12-FY16 period.
an installed capacity of 2,000 metric (MIDC) has allotted land and the lease
tonnes per day and the cotton yarn deed has been executed. On the valuation front, GAEL’s share
division has an installed capacity of 65,520 price is trading at a trailing 12-month
spindles per day. GAEL’s power division On the financial front, GAEL’s revenue (TTM) PE multiple of 11.89x as
has an installed capacity of 42.85 increased 7.42 per cent to `1,400 crore in compared to the industry PE multiple of
megawatts. H1FY17 as compared to the same period 32.28x which is quite attractive. The
in the previous financial year. The company’s share price is also trading at
GAEL has plans to set up a 'corn wet company’s EBITDA increased 43.76 per discounted levels as compared to peers
milling' project with an installed capacity cent to `131 crore in H1FY17 on a yearly such as Gokul Agro Resources (27.62x)
of 1,000 tonnes per day in Dhule district basis. Its EBITDA margin expanded by and Gokul Refoils Solvnt (26.31x). The
of Maharashtra. The Maharashtra 235 basis points to 9.32 per cent in company has given dividend yield of
Industrial Development Corporation H1FY17 as compared to the same period 0.9 per cent. DS
CMP
Monthly Stock Market Returns Shareholding Pattern Last Five Quarters - Standalone (`/Cr)
(`)`92.25
BSE Code: 524226 CMP: 30/09/2016 Particulars Sept-16 Jun-16 Mar-16 Dec-15 Sept-15
FV: `2 BSE Volume: 48104
Date: 03/01/2017 Promoter 71.96 Total Income 629.98 770.43 652.15 780.69 693.07
FII 0.35 Other Income 4.20 1.49 3.66 4.33 1.33
Operating Profit 53.93 82.30 52.27 52.28 33.95
DII 0.10
Interest 1.27 2.24 2.53 1.54 2.28
Others 27.59
Net Profit 29.83 48.26 31.46 31.26 13.24
Total 100 Equity 27.67 27.67 27.67 27.67 27.67
Note: The stocks recommended under this section are fundamentally strong stocks. However investors are advised to wait for the correct opportunity to enter these stocks considering the market sentiment right now.

BALRAMPUR CHINI MILLS CMP - `132
BSE CODE Volume Face Value

500038 771701 `1
B
alrampur Chini Mills has 11 sugar Scrip’s Movement
factories in Uttar Pradesh, and has
an aggregate crushing capacity of
79,000 tonnes per day. On the financial
front, Balrampur Chini’s revenue increased
77.12 per cent to `889 crore in Q2FY17 as
compared to the same period in the
previous financial year. Balrampur Chini
has approved buy back of shares worth up
to `175 crore at a price not exceeding `175
per share. The maximum buyback price is
more than 30 per cent higher than current
market price. The company has fixed Last Seven Days’ Volume Table
January 13 as record date for determining (No. of Shares)
the entitlement and the names of the Days Volume
shareholders, who are eligible to participate 26-Dec-16 82,089
in the buyback offer. Axis Capital is
27-Dec-16 76,859
manager to the buyback offer. The buyback
is subject to receipt of necessary regulatory 28-Dec-16 91,347
clearances. Meanwhile, participation in the 29-Dec-16 81,243
buyback is voluntary. We are expecting 30-Dec-16 3,69,964
short term gain on the buyback plan of the
The scrips in this company.
02-Jan-17 3,95,314
03-Jan-17 7,71,701
column have been
recommended
with a 15-day investment 8K MILES SOFTWARE SERVICES CMP - `706
horizon in mind and BSE CODE Volume Face Value

carry high risk. Therefore, 512161 17619 `5
8
investors are advised to Scrip’s Movement
K Miles Software Services is an
take into account their risk Internet company. The company is
appetite before investing, focused on building solutions around
as fundamentals may cloud computing. Its board of directors has
approved the proposal to acquire
or may not back the Cornerstone, a leading healthcare
recommendations. information technology services company
at `70 crore. The company is expecting
transaction to be closed by the end of
Hot Chips of Last One Month FY17. On the financial front, 8K Miles
Software Services’ revenue increased 17.63
Reco. Peak Likely per cent to `122 crore in Q2FY17 as
Price After Gain Last Seven Days’ Volume Table
compared to the previous quarter. The
(`) Reco* (%) (No. of Shares)
company’s operating profit too rose 15.35
Days Volume
Vol 32 - Issue No 1 Dec 12 - 25, 2016 per cent to `42.39 crore in Q2FY17 on a
Radico Khaitan 120.00 125.00 4.17 26-Dec-16 6,555 quarterly basis. Its net profit also increased
Nucleus Software Exports 286.00 295.85 3.44 27-Dec-16 3,619 22.25 per cent to `23.63 crore in Q2FY17
Issue No 2 - Dec 26 2016, Jan 8, 2017 28-Dec-16 7,231 as compared to the previous quarter. 8K
Sonata Software 194.00 204.00 5.15 29-Dec-16 2,040
Miles Software Services will declare
Q3FY17 results on January 9 and we are
Titagarh Wagons 132.00 133.00 0.76 30-Dec-16 9,772
expecting strong results for the quarter. On
*Highest price after our recommendations 02-Jan-17 17,722 strong financials, we recommend investors
(Closing price as of Jan 03, 2017) 03-Jan-17 17,619 to buy the stock.

Technicals Equity
NIFTY Index Chart Analysis
7900 Time & Again Remain Crucial
T
he Indian market began the Roadmap for the next 15 trading sessions
week on a negative bias but Ideas Nifty Levels Action to be Initiated Probable Targets
took a U-turn midway and Close above 8280-8290 on the weekly chart
Resistance for the medium term 8280-8290 8460
signed off the calendar year would give further momentum to the bulls.
2016 on a prosperous note, Support for the medium term 7970-8000
Close below 7970-8000 on the weekly chart
7880-7900
with Index Nifty surging over 200 points would trigger sell-off.
or 2.51 per cent and Sensex closing at
26,626.40 with a gain of over 550 points zone of 8290-8330. Once Nifty closes zone for a fresh wave of upmove.
or 2.25 per cent. On the sectoral front, above this resistance zone, then traders However, if it fails to clear this resistance
FMCG and Information Technology could expect reversal in the trend and a zone then this rally could be termed as a
stocks were in the limelight in the last confirmation of short-medium term relief rally or a pull-back rally. The daily
week of 2016. In the week gone by, India bottom at the level of 7900. Nifty is likely 14-period RSI after marking a positive
signed a pact with Singapore to amend a to test the level of 8460 if it closes above divergence is moving higher and at
decade-old treaty to begin taxing capital the level of 8330 on weekly basis. On the present, quoting around the level of 54 as
gains on investment routed through the flip side, the zone of 8000-7970 will act as on December 30, 2016. Going forward, if
South-east Asian nation from April, 2017 a decent support below which the next it moves above the level of 60, one may
to check round-tripping of funds. support is placed around the level of expect extension of the current upmove.
7,900. On the daily chart, Nifty took
Technically, Nifty took support around its support around the level of 7,893, along The level of 7,900 once again proved to
major support level of 7,900 which also with marking a positive divergence on be saviour for the Nifty. Now, the key
happens to be 50 per cent retracement the RSI. Additionally, on the daily time resistance zone is placed around levels of
level of major upswing from the levels of frame, Nifty is making 'higher top, higher 8280-8290 if Nifty trades above 8280-
6825.80 to 8968.70 and on the weekly bottom' formation with decent volumes 8290 levels then traders could expect
time frame chart Nifty formed a ‘Bullish after taking support around the level of reversal in the trend and a confirmation
Engulfing’ candlestick pattern. This 7893. Now, going forward, the level of of short-medium term bottom at the
candlestick pattern is a bullish reversal 8290-8280 is a stiff resistance for Nifty level of 7,900. On the other hand, if
pattern, usually occurring at the bottom and the recent swing high level formed Nifty fails to cross this roadblock, then
of a downtrend. Now, going forward, the on December 9, 2016 around the level of this rally could be termed as a pullback
major resistance for Nifty is placed in the 8274.95. Nifty needs to sustain above this rally.

STOCK RECOMMENDATIONS
DELTA CORP ................................. BUY ........................ CMP `117

BSE Code : 532848 Target 1 ..... `128 | Target 2 ..... `137 | Stoploss....`103 (CLS)
The stock of Delta Corp is currently trading at `117.
Its 52-week high and low stands at `195.30 and
`49.15, respectively, made as on October 26, 2016
and February 29, 2016. The stock formed a ‘Pin Bar’
around its 52-week high levels and thereafter
witnessed a sharp correction in the prices. However,
as on weekend December 30, 2016 the stock formed
a ‘Bullish Engulfing’ candlestick pattern on the
weekly time frame. This candlestick pattern is a
bullish reversal pattern usually occurring at the
bottom of a downtrend. Along with the bullish
engulfing candlestick pattern there was a decent
up-tick in the volumes, which is positive for the
stock. Considering the above analysis, we expect a
decent bounce in the stock and, therefore, we advise
traders to initiate a long position in this stock at
`113-117 with a price target of `128-137 and a strict
stop loss to be maintained at the level of `103.
CHAMBAL FERTILISERS & CHEMICAL ....... BUY ........... CMP `78.45

BSE Code : 500085 Target 1 ..... `88 | Target 2 ..... `94 | Stoploss....`69 (CLS)
The stock of Chambal Fertilisers and Chemical is

currently trading at `78.45. Its 52-week high and low
stands at `80 and `50.65, respectively made on
January 4, 2017 and February 12, 2016. Since
February 2015, the stock of Chambal Fertilis
ers and Chemicals has been trading in a wide range.
Recently, in the month of December 2016, the stock
witnessed breakout of this range on the weekly chart
with a long bullish candle along with rise in the
volumes. Post the breakout, the stock registered high
of `74.50 and thereafter witnessed a minor correction.
This correction provides a decent opportunity for
short term traders to enter the stock around `75-78
for a target price of `88-94. The stop loss for the trade
would be around the level of `69.
*LEGEND: n EMA - Exponential Moving Average. n MACD - Moving Average Convergence Divergence n RMI - Relative Momentum Index
n ROC - Rate of Change n RSI - Relative Strength Index
Disclaimer : Above recommendations are based on various technical parameters and any fundamental input has not been considered for the recommendations. Follow strict stop loss for the recommendation.
DSIJ.in JAN 9 - 22, 2017 I DALAL STREET INVESTMENT JOURNAL 17

Analysis Equity
Bajaj Finance most profitable firms in the category. its book rapidly while maintaining
ROBUST
The USP of the company is its quality.”
stronghold in the under penetrated AUM FY2016 FY2015 % change
consumer durable and lifestyle Consumer Lending 18996 13202 44
product financing business where it does SME Lending 18692 15550 20
not have major competition. Bajaj Commercial Lending 5202 3325 56
GROWTH,
Finance has a diversified product mix, Rural Lending 1339 333 302
robust volume growth, prudent Total 44229 32410 36
operating cost management and an
FINANCIALS
effective risk management. It focuses
on six broad categories, which includes On the financial front, the gross sales of
GREAT
consumer lending, SME lending, the company stood at `7,304.31 crore, an
commercial lending, rural lending, increase of 36 per cent YoY. Its PBIDT
fixed deposits and value added stood at `4,979.79 crore showing an
services. increase of 36 per cent. The PAT of the
PROSPECTS
company increased 42 per cent to
DEMONETISATION IMPACT `1,278.63 crore. The balance sheet of the
Although demonetization is expected to company is strong. Its reserves and
have an impact on the country’s GDP surplus has increased by seven per cent
and is going to affect the financial
YoY.
services industry in the medium to short
Bajaj Finance’s diversified term, the impact on the company will be
product mix, robust volume The quarterly results of the company are
restricted to two-wheeler and three-
excellent. The net sales of the company
growth, prudent operating cost wheeler loans. According to Umang
stood at `2,180.2 crore, an increase of
management and effective risk Shah, Research Analyst at Emkay Global,
“Bajaj Finance has been an outlier 36.94 per cent YoY. Its PBIDT stood at
management system makes it an `1,581.24 crore, showing an increase of
ideal investment proposition among NBFCs, outpacing industry
growth for a long time while maintaining 41.87 per cent as compared with
T
credit quality despite challenging Q2FY16. The PAT stood at `407.76
environment. crore, an increase of 45.95 per cent as
he non-banking finance compared with the corresponding
companies (NBFCs) quarter of the previous fiscal.
continue to grow and make The current demonetisation drive is
their presence felt in the likely to create some hiccups in the According to Sampath Kumar, Analyst
financial services industry in interim period on growth as well as on at IIFL Institutional Equities, “the only
India. The sector has seen robust growth asset quality front. However, a well- negative surprise in the reported
during the last decade. The total credit diversified product portfolio, lower performance was sharper increase in
disbursed by NBFCs in FY2006 stood at individual product market shares and operating expenses. Also, the efficiency
9.4 per cent, which went up to 13.1 per strong risk management practices makes gains that the company expected to
cent in FY15. India Ratings expects the Bajaj Finance relatively well-positioned achieve through direct-to-customer
share of NBFCs to grow to 17 per cent by and should restrict the adverse impact of initiatives did not fructify fully in
FY19. Until some years ago, NBFCs were demonetisation on earnings and the Q2FY17. Its asset quality improved YoY
a small part of the financial services medium term outlook for the company on a comparable basis suggesting stable
business with a small resource base. remains positive. Rapid expansion performance. As a result, the provision
Today, the equity of leading NBFCs is in its distribution reaches and continued for loan loss declined. Loan loss
comparable with or larger than many investments in distribution and provision did not include any
mid–sized banks. The combined market technology have been key to the contingency provisions. Bajaj Finance
capitalisation of the top 10 NBFCs is company’s robust and qualitative has continued to add one million (new
now twice that of mid and small–sized growth. Since FY13-YTD FY17, the to Bajaj) customers each quarter. This,
public sector banks. company has increased its footprint coupled with a large existing customer
from 91 branches to 801 branches and base, provides a clear runway for
BAJAJ FINANCE from 7,000-plus touchpoints to over sustaining 20-25 per cent AUM growth
Bajaj Finance is the consumer finance 33,700 touchpoints. over the long term. Also, the addition of
lending arm of Bajaj Finserv. It is the home loan products has significantly
most diversified NBFC in the country As a result, the new customer addition at enhanced market opportunity for the
and the largest financier of consumer Bajaj has remained strong and it group”.
durables in India, making it one of the provides potential to cross-sell and grow

VALUATIONS offers secured and unsecured loans to its Bajaj Finance Ltd.
Bajaj Finance has market cap of customers. Secured lending is done BSE Code : 500034 CMP (`) 883.70
`46,150.19 crore and maintains a through three product offerings: loan Particulars Amonut (` Crore) re)
dividend yield of 0.29 per cent. The against property, lease rental Net Sales 8138.67
company has consistently seen a profit discounting and home loans. During the % Change 37.17%
growth of 38.94 per cent and has a low year, the company transitioned its retail Operating Profit 5852.57
interest coverage ratio. The trailing mortgage business to a 100 per cent % Change 39.10%
12-month P/E of the company stands at ‘Direct-to-Customer’ model in order to Net Profit 1555.25
29.57 which is high as compared with the benefit from lower costs and create % Change 48.92%
industry P/E of 20.92. The trailing sustainable return on equity. Bajaj Equity 107.74
12-month EPS stands at `28.38. The Finance has a well-diversified portfolio EPS (`) 218.59
company maintains the current ratio of of products and therefore the risk is very FV (`) 2.00
1.54 which is considerably good as well-diversified with its large customer P/E (x) 4.04
compared to its peer. The price-to-book business. Dividend Yield (%) 0.29
Book Value (`) 156.69
value stands at 5.36, while the ROE
(Trailing Four Quarter Data)
stands at 21.09 per cent which is healthy According to Pankaj Pandey, Head –
as compared to its peers. Retail Research, ICICI Securities, in the which increased from 1x in September
last three years, Bajaj Finance has 2013 to more than 4x now. The
CONCLUSION reported a strong performance with company’s November numbers show the
Bajaj Finance continues to be one of the more than 30 per cent credit growth (led consumer loan disbursements remains
largest consumer durables lenders in by consumer finance business), robust strong. Volumes in the CD segment (13
India. With a presence in 192 cities margins of ~10 per cent and healthy per cent of the book) increased 10 per
across India and approximately 9,200 asset quality with GNPA ratio at 1.6 per cent YoY in November 2017 as against
dealer counters across the country, it cent. This allowed the company to clock 34 per cent in Q2FY17”. Looking at the
disbursed `12,972 crore in FY2016 , sturdy return ratios of 20 per cent RoE strong financials of the company and the
registering a growth of 29 per cent over and 3 per cent RoA. Such a strong ability of Bajaj Finance to take the
the previous year. performance in a weak economic economic shocks in its stride, we
scenario led to higher investor interest. recommend our reader investors to BUY
SME lending business of the company This is reflected in its P/ABV multiple, the stock at current levels.

Special Report
In these days of uncertainties in the equity
Gold May Continue markets, a section of investors have been

searching for alternate investment options and
what can be better than the precious yellow
To Shine In 2017
metal. How is gold expected to perform in
2017--Karan Bhojwani and Yogesh Supekar
bring this gold forecast for you and with reasons
Y
ear 2016 has been a tough
year for investors across the
asset classes, including
bullion. Equity markets may
have been the bête noire for
a few who had pegged lot of growth
expectation to the Indian corporate
earnings. As was expected, investing in
Sensex did not prove profitable in 2016.
Gold, however, retained its lustre till the

very end of the year until
demonetisation and the uncertainty
created by such an aggressive economic
policy decision started affecting the
bullion price. Gold was up by 21 per cent
from January 1 to November 8 from
`24.980 to `30,330 per 10g. However, it
lost almost 10 per cent in value over the
past 45 days.
A look at gold funds suggest average and Trump victory further fuelling the uncertain outcomes like Trump
return of 8.87 per cent on a YTD basis. growth revival story in the US economy, presidency and Italian referendum, gold
The positive returns for gold as an asset there has been flight of capital from prices have fallen which is against the
class is seen after almost three calendar emerging markets to the US markets, norm. The reason for such behaviour can
years. The global uncertainty and which has led to USD strengthening. A be attributed to sharp increase on bond
heightened volatility has led to an strengthening USD clubbed with yields post Trump electoral victory. With
increased demand for gold. Brexit was innovative Trump policies expected to the Trump win, the financial markets
certainly one of the events that triggered put the US economy in growth trajectory have started factoring in a steady
uncertainty in global financial markets. does not augur well for gold as an asset economic growth which will lead to
class. rising interest rates in the US economy.
However, in the last two-odd months, The whole development prompts
with improving data on the US economy What is interesting to note is that even in strengthening of the US dollar which


may be a positive for the US equities, but
it has ensured that gold prices stay under
pressure and the disappointing aspect
Don't Expect Double Digit
for gold investors could be that this
phenomenon may continue for a while.
Return From Gold In 2017
DEMONETISATION AND
Chirag Mehta, Quantum AMC
GOLD PRICES
Locally, in India, one of the major events How do you see the developments in the US markets affecting the gold prices
that took investors across the board by in coming year (s)?
surprise was demonetisation. The prices The US inflation expectations have been inching higher this year. Part of the increase in
of all asset classes crashed, including bond yields was likely on account of increasing inflation expectations which would compel
gold. Going ahead what could be the the Fed to increase rates. However, since Trump’s becoming president-elect, the rate of
impact of demonetisation on gold prices increase in nominal interest rates has exceeded the rate of increase in inflation
is a million-dollar question. Chances are expectations. This led to a scenario of higher real rates. In effect, over the past month,
that the asset prices may remain subdued economic growth expectations have risen faster than inflation expectations. As discussed
as is expected even for the financial above, in reality, Trump's proposed plan can actually quicken the pace of price inflation
assets. than what he can deliver on economic growth. This would eventually lead to a domino
effect of rising inflation expectations and lowering of real interest rates. As real interest
Somasundaram PR rates start to decline, the strength of the dollar would reverse and also make the lower end
Managing Director, India, World Gold Council of the yield curve fall faster in anticipation of lower rate hikes. This will be extremely
bullish for gold.
 The act of demonetising high
value currency notes by the In the short run, what risks and headwinds do you see for gold prices?
The current reflationary exuberance may persist into the first few weeks or may be months
Government of India is a decisive of Trump’s presidency. This would make real yields rise further. In which case, the dollar
and welcome step to curb tax will stay firm and gold will remain under pressure. However, we do not expect big
evasion and improve compliance, downsides in gold as much of it is now factored into prices and rising yields will start
an important milestone in the showing negative effects on other aspects of the economy and asset markets as well. The
prospects of a hike in interest rates have been rising faster than inflation expectations,
journey towards the vision of which is bad for gold in the short term, but we doubt this will continue for long. With the
becoming a cashless economy. increase in commodity and energy prices, the labour market tightening and a hawkish
This will be transformative for trade policy could soon manifest into rapidly rising inflation expectations. The potential
gold as this has the potential to headwind for gold could arise from the proposed Trump tax plan of providing a one-time
squeeze out the unofficial trade tax cut to incentivize repatriation of corporate money stashed abroad. This repatriation
would lead to a large one-off boost to the US Treasury’s revenues. However, history
and drive greater transparency suggests that would just postpone the inevitable. There exist more uncertainties than
across the spectrum, enabling certainties in the global macroeconomic environment of which Trump’s presidency is a
gold to be a part of the big unknown. We believe that barring the near term, gold prices should start moving
mainstream channels. gradually upwards in 2017.

Special Report
Price performance for gold and key commodities in US$ (data ending 30 Nov 2016)
Gold Silver Palladium Platinum Aluminum Copper LME Lead LME Nickel Tin LME Zinc LME Brent S&P GS R/J CRB
(US$/oz) (US$/oz) (US$/oz) (US$/oz) LME (US$/t) (US$/t) (US$/t) LME (US$/t) (US$/t) crude oil Commodity Commodity
(US$/t) (US$/ Index Index
bbl)
1-month -7.4 -6.1 24.0 -7.1 -0.1 20.0 37.7 7.4 31.8 40.8 6.8 4.5 2.8
3-month -10.0 -11.0 14.5 -13.3 7.3 26.2 37.7 15.2 31.8 40.8 8.0 5.5 5.3
YTD 11.1 20.6 36.9 2.2 14.9 23.8 29.3 27.6 46.3 69.3 39.5 7.0 8.8
1-year 10.9 18.4 41.5 9.8 19.8 27.0 42.9 26.4 42.5 75.3 16.4 -0.5 5.0
3-year -5.4 -15.6 7.0 -33.0 -1.3 -17.0 14.2 -16.0 -5.5 46.6 -55.4 -51.5 -30.8
5-year -32.5 -46.8 25.9 -41.5 -17.9 -26.1 17.4 -35.7 6.3 39.4 -55.2 -53.8 -39.3
3y CAGR -1.8 -5.5 2.3 -12.5 -0.4 -6.0 4.5 -5.7 -1.9 13.6 -23.6 -21.5 -11.6
5y CAGR -7.6 -11.9 4.7 -10.2 -3.9 -5.9 3.3 -8.5 1.2 6.9 -14.8 -14.3 -9.5
Gold and silver returns based on the LBMA Gold Price and LBMA Silver Price respectively. l Source: Barclays Capital, Bloomberg, ICE Benchmark Administration Ltd, MSCI, World Gold Council
Calculations based on total return indices when applicable. l CAGR = compounded annual growth rate (i.e., the geometric average rate of return over the corresponding period).
CONCLUSION surprises in coming year as compared to from the developed markets.

The year 2016 has been a year for the year 2016, which was undoubtedly
commodities. Several key commodities one of the most adventurous years in However keeping an eye on increasing
have delivered positive returns after recent times, 2017 promises to be a year uncertainty and volatility on financial
several years of negative returns. of uncertain outcomes. markets globally, gold remains one of the
Key commodities like zinc managed to best ways to protect wealth.
deliver 69 per cent return in dollar Gold as an asset class may attempt to We believe investors may be headed for
terms. Crude oil , lead , copper and outperform other asset classes, including yet another positive year for gold in
aluminium all posted double digit equities, real estate and fixed income in 2017, although expecting higher double
returns. Silver outperformed gold by coming year owing to several factors. digit returns may be too much to expect
delivering almost 20 per cent if we Investors need to keep a close eye on the from the bullion.
consider the YTD data running up to economic growth in China and the US
November 30. and how the money flow works in the Positive return for gold as an
first half of 2017. It is widely speculated asset class is seen after almost
In general, the year 2016 was great for that the flight of capital will be towards three calendar years. The global
commodities and gold merely developed markets, at least in the first uncertainty and heightened
participated in the broader commodities half of the year.
rally during the year. volatility has led to an increased
This would give us enough indication demand for gold. Brexit was
Come 2017, things do not look rosy for that the prices of gold may remain certainly one of the events that
commodity prices. The uncertainty in subdued in the first half of the coming triggered uncertainty in global
global economy is expected to increase year, assuming the emerging markets financial markets.
in 2017. Even though one can expect less face continued redemption pressure
Annualised daily return (US$) volatility on gold and key commodities (data ending 30 Nov 2016)
Gold Trade- US Dollar Bloomberg Euro Pound Swiss Yen per Aussie Canadian Chinese Indian Russian
(US$/oz) weighted Index Dollar Spot per per franc US$ dollar dollar per renminbi rupee rouble
US dollar (DXY) US$ US$ per US$ per US$ US$ per US$ per US$ per US$
1-month 16.7 5.8 6.3 7.6 8.1 10.1 8.1 12.7 11.2 7.3 3.4 5.8 18.0
3-month 13.1 5.8 6.3 6.4 6.8 10.9 7.0 10.8 10.0 7.9 2.6 5.0 13.7
YTD 16.6 7.4 7.4 7.0 8.2 14.4 8.0 12.9 11.9 9.7 3.4 5.1 19.9
1-year 16.5 7.4 7.9 7.0 8.7 14.0 8.5 12.5 11.9 9.5 3.4 5.1 19.9
3-year 14.8 6.8 7.5 6.4 9.2 10.0 14.6 9.8 10.7 8.4 2.9 6.1 24.6
5-year 17.0 6.5 7.1 6.1 8.7 8.9 12.5 9.9 10.3 7.7 2.6 8.6 20.0
Gold's volatility computed using LBMA Gold Price. l All Figures in %
l Calculations based on total return indices when applicable.
Source: Barclays Capital, Bloomberg, ICE Benchmark Administration Ltd, MSCI, World Gold Council

5-year annualised daily return volatility on key commodities and gold (US$)
%
25
BBG BBG BBG BBG BBG
Commodity Energy Grains Livestock Softs 20
Index Index Index Index Index
15
2.6 4.2 -0.7 3.1 -7.0
3.7 5.5 3.3 -0.7 -0.9 10
10.7 6.3 -3.8 -14.1 17.2 5

7.3 -4.9 -7.7 -12.0 20.3
0
-30.3 -58.6 -33.3 -24.1 -4.9
Bloomberg Dollar Spot
Pound per US$

US Dollar Index (DXY)
Yen per US$
Korean won per US$

Chinese renminbi per US$
Brasilian real per US$

Aussie dollar per US$
Euro per US$
Swiss franc per US$
Gold (US$/oz)
Russian rouble per US$
Mexican peso per US$
SA rand per US$

Indian rupee per US$
Trade-weighted US dollar
Canadian dollar per US$
Turkish lira per US$

-40.9 -64.6 -28.0 -30.2 -40.2
-11.3 -25.5 -12.6 -8.8 -1.7
-10.0 -18.8 -6.4 -6.9 -9.8
l All Figures in %
Notes: Data ending 25 November 2016
Source: Bloomberg, ICE Benchmark Administration Ltd, LME, World Gold Council
Manav Chopra, Head Technical Analyst, Monarch Networth Capital

GOLDMONTHLY - Gold after a retraced by over 78.6%. The recent months of decent the prices have recently
long-term trend reversal from its Falling low formed a Bullish Morning Star tested its horizontal support line which
Wedge pattern has observed a decline pattern which indicates a short term indicates a possible bounce from the
from its recent peak 1350 levels. The bottom in place. The Stochastic current levels. The RSI had also exceeded
recent decent looks corrective in nature oscillator has given a bullish crossover the 2012 high which hinted for a range
and has recently tested the support line from the oversold level which further shift in Silver chart and the current
of the pattern. This is usually an entry confirms a bullish setups and a possible decline is good opportunity for a reentry
point for the bulls since and the gold rally in the near term. In previous for Bulls for an upside Target of 19 & 20
could witness some bottom formation at instances a bullish crossover from the
the current levels. There are multiple oversold levels in stochastic has resulted SILVERWEEKLY - The Weekly chart
support at the lower time frame charts into an average rally of over 5-6% within show the recent decent is in a falling
around the 1150-1120 levels which 2 weeks. channel pattern and is nearing the
would provide cushion incase of decline support clusters of 15.5-15 levels
and should be bought for an upside SILVERMONTHLY - Silver after a where the prices are likely to reverse.
Targets of 1250-1300 levels. longterm decline exceeded the long term The RSI has tested the Bullish support
falling trend line which confirmed a range along with positive divergence
GOLDWEEKLY - The Weekly charts trend reversal as the counter also in the stochastic ossiclator which
shows the rally from November’15 lows managed to see a healthy follow on move indicates a likely trend reversal in the
to August’16 highs which has been post the breakout. Recently after 5 near term.
5-year annualised daily return volatility on key commodities and gold (US$)
%
Turkish lira Mexican SA rand Brasilian Korean 80
per US$ peso per per real per won per 70
US$ US$ US$ US$ 60
12.1 36.1 27.0 22.0 12.8 50
40
9.9 23.3 23.4 17.8 11.5
30
12.6 17.5 21.7 18.5 10.8 20
10
12.4 17.0 22.2 18.6 10.7
0
12.2 12.4 16.4 17.6 8.9
BBG Livestock Index
Platinum (US$/oz)
Copper LME (US$/t)
S&P GS Commodity Index
Palladium (US$/oz)
BBG Energy Index

BBG Commodity Index
Nickel LME (US$/t)
Lead LME (US$/t)

Brent crude oil (US$/bbl)
BBG Grains Index
Gold (US$/oz)
R/J CRB Commodity Index
BBG Softs Index

Aluminum LME (US$/t)
Silver (US$/oz)
Tin LME (US$/t)
Zinc LME (US$/t)
10.8 11.8 15.6 15.6 8.0
Notes: Data ending 25 November 2016

Source: Bloomberg, ICE Benchmark Administration Ltd, LME, World Gold Council

Special Report
CL EDUCATE –
SCALING THE
EDUCATIONAL
LADDER
E
ducation sector of the country The share of state private universities out education sector. CL Educate operates
has been thriving on the back of of the total universities in the country across a broad spectrum of segments in
rising demand as India has the spiked to 29 per cent in FY15 from the education industry, including test
largest youth population as per around 3 per cent in FY09. The rapid preparation, K-12 education and
United Nations report. India has a expansion of education sector in India is vocational training.
literacy rate of 74.04 per cent. Digital accompanied by a high student-teacher
India, Sarva Shiksha Abhiyan and ratio in both school and higher CL Educate has diversified operations
various other educational schemes are a education segments. across six business segments spanning
boon to the industry. In this report, we the education value chain, across
will be looking at the forthcoming IPO of UNDERSTANDING BUSINESS learners of multiple age-groups. Led by a
CL Educate, the education industry CL Educate focuses on diverse segments team of qualified professionals including
pioneer having experience of about of education and across learners of IIT-IIM alumni, CL Educate has focused
20 years. multiple age-groups. The company’s on shaping the lives and careers of many
core ideology is firmly grounded on its students in the twenty years of its
ABOUT INDUSTRY focus on academic excellence, existence.
The education sector is estimated to technological innovation and domain
reach around `7.8 lakh crore in FY17 expertise built over close to two decades. IMPROVING FINANCIALS
and has tremendous potential to grow The CL brand has diversified and On the financial front, CL Educate’s
due to a huge demand-supply gap. Apart established itself as a recognized brand in revenue increased 4.1 per cent to `295
from the expansion in the conventional
public and private sector education PEER COMPARISON
system in the form of schools and higher
education institutes, the growth will also The education sector in the country is becoming digital and fiercely competitive. The
be backed by the non-formal private peers of the company have been compared in the table below.
education sector like pre-schools, Dividend
coaching institutes and vocational TTM P/E P/B EPS Book Value
Yield (%)
training centres, among others. There are Career Point 12.40 0.56 9.02 198.68 0
lot of international collaborations with CL Educate NA NA 18.18 199.12 0
education institutions, along with joint Aptech 54.14 2.8 3.06 59.22 0.6
ventures and merger and acquisitions
MT Educare 14.5 2.77 8.05 42.14 1.71
with both foreign and domestic
corporate players, which would further NIIT 19.75 1.65 4.06 48.58 0
help the sector to grow. ZEE Learn 82.84 4.99 0.47 7.8 0

Marching Towards IPO: Emerging
Trend In Education Enterprises
Nikhil Mahajan, Executive Director and Chief Financial Officer, CL Educate
installed capacity of 6,000 students, For us at CL Educate, we are expecting a

expandable to 11,000. The current double-digit growth across all our
capacity utilisation is at 50 per cent. business portfolios. We have always
Instead of adding new ones, the focus stood for a balanced growth, though the
will remain to grow to the full potential. revenue mix varies for historical reasons.
In such a vast country, with progressive
In an exclusive interaction with Nikhil To what extent, would you augment demographic trends, education sector
Mahajan, the Chief Financial Officer and your international portfolio? happens to be one of the largest one and
Executive Director, CL Educate, speaks Not much. The total revenue expectation is slated to grow by leaps and bounds.
in greater detail about the company, its from the international operations is seen The Achilles heel, however, remains the
firm foundations, its diversified to be not more than 4-5 per cent of the utter disorganization and non-
portfolio, its growth prospects and entire revenue inflows. systematic unprofessional governance of
the reasons behind its intent to file for an educational enterprises. This has brought
IPO What are the underlying reasons for some disrepute to the sector, when it
going the IPO way? comes to public offering.
What is thriving at CL Educate? Well, the way we look at IPO is more of a
CL Educate has a thriving and landmark or milestone in our company’s What are the core operational
diversified business portfolio whereby progression. We have been working for strengths at CL Educate?
test-prep segment accounts for only the last 5-7 years preparing ourselves to We have evolved as an entirely process
40-45 per cent of the revenue accrual. get listed. It’s more of a strategic driven organization, with sound
The publishing division of CL Educate opportunity for us to create a sizeable technological fundamentals. All our
under the auspices of G K Publications stable enterprise in the domain of centres are connected through a
brings about authentic reference and education. dedicated in-house ERP system. Our
preparatory material for various testing platform is again our in-house
entrance examinations. Offloading the burden of two of our creation which empowers our core
private equity investors, Gaja Capital business vertical. We have moved
The organisation is working closely with and HDFC, along with a number of towards a cloud-based governance
the Governments of Uttar Pradesh, individual benefactors, is also on the ecosystem and content dissemination
Madhya Pradesh, Chhattisgarh, cards by way of raising some `300-350 regime. Our mobile apps are a big
Jharkhand, Odisha and Gujarat for their crore from the market. sensation amongst our students at large.
skills enhancement programmes, Though the direct revenue from the
leveraging their ample expertise in the Where do you see the maximum online sales is pegged at 5 per cent but its
domain of test preparation. The group action happening in the education support system has helped us scale and
has seven schools in its kitty, with a total section? sustain the momentum of our growth.
crore in FY16 as compared to the previous financial year. The

OUTLOOK FOR EDUCATION SECTOR IN 2017 company’s EBITDA too rose 2.61 per cent to `37.97 crore on a
As part of a post-demonetisation gift, the government could yearly basis. However, its EBITDA margin also contracted by
increase spending for the coming financial year on health, 19 basis points to 12.88 per cent in FY16 as compared to the
education, women and child development and related social previous fiscal. CL Educate’s PAT increased 2.27 per cent to
sector schemes by 10-12 per cent. Meanwhile, this would `21.46 crore in FY16 on a yearly basis. The company’s PAT
run concurrently with the increased layout on social sector margin contracted 13 basis points to 7.28 per cent in FY16 as
by state governments, after the Fourteenth Finance compared to the previous fiscal.
Commission (FFC) recommended that the state
governments should spend more on schemes in health, On considering financials of previous five years of CL Educate,
education and other social sectors. The FFC had increased the company’s topline has increased 23.6 per cent at CAGR in
the devolution of taxes to states from the divisible pool, from FY12-FY16. Its EBITDA too rose 23.66 per cent CAGR in the
32 per cent to 42 per cent. However, it had reduced non-tax last five financial years ending with FY16. CL Educate’s
transfers. bottomline has increased tremendously from a net loss of `5.8

Special Report
CL Educate Revenue Drivers in (Rs Crore) VERTICALS
13.13 Education and training programme Test Prep
(including sale of study material)
Vocational Training Vocational Training
62.26 K-12 Schools

K‐12
128.77 Publishing & Content
Sale of educational books Development
26.89
Integrated Business,
Manpower Management services
Marketing and Sales
37.95
Services for Corporates
Marketing and Sales Services
36.10 Integrated Solutions to
Others Educational Institutions
8.76
and Universities
crore in FY12 to net profit of `21.46 and initiatives taken by the government entry into top colleges for their
crore in FY16. to improve education system in the graduation and post-graduation.
country. At the same time, there are Career Launcher, backed by its strong
On the segmental revenue front, CL expectations from Finance Minister experience in the industry, is coming
Educate has earned 15.04 per cent from Arun Jaitley to announce massive up with an IPO. The fundamentals of the
sales of products, 79.02 per cent from reforms for the sector. company are strong, its leverage is
sale of services and the remaining 5.94 healthy and its total debt-to-equity
per cent from others in FY16. The industry demand will remain intact ratio stands at 0.29x in FY16. The
on the back of awareness about price band for the IPO has not been
CONCLUSION education in the rural areas. There is lot fixed, so we cannot value the company
There are lot of ongoing developments of competition amongst students to get right now. DS

Databank Updated Information
Updated as on Dec 30, 2016
Key To
Subscribers can access the complete databank consisting of
Databank Updated Information
more than 3500 companies on our website www.DSIJ.in
NoShold: Indicates the Number of Share Holders of the company. (In Thousands)
 Face Value: Actual cost of the stock assigned by the security issuer and shown in the certificate. 
 Year: First two digits shows Year while last two digits show month of calender, eg. 1103 shows Market Cap: Current market price multiply no.of equity shares. 
March’2011 results. Price: Current Market Price. 
 CEqt.: Current paid up capital of the company. 52 Week H/L: High/Low range is taken for the market prices during the 52 week H/L.

 B.V: Book Value Per Share: Equity capital plus reserves to the number of equity shares. Enterprise Value : Current Market Cap Plus Debt Minus Cash and Bank Balances. 
 Sales: Sales figures includes Excise duty. Trail.P/E Ratio: Current market price to Trailing 12 months EPS. 
 NP: Net Profit : Profit after tax but before investment allowance reserves. Ticker: BSE Scrip Code 
 EPS: Earnings Per Share: Ratio of net profit less preference dividend to the number of equity U: Unaudited. 
shares (Annualised). Companies with an (“) following their equity capital have increased their capital after the

 Div (Rs.): Indicates the dividend per share. last financial year.
 D/E Ratio : A measure of a company’s financial leverage calculated by dividing its total  Companies with an (*) Before the name of the Company, indicates new addition/
Debt by stockholders’ equity. updation/correction made during the fortnight.
 RONW (%): Net Profit Divided by Total NetWorth.  CB: Cum-Bonus XB: Ex-Bonus.
 Latest Quarter: Indicates the recent quarterly filing of the company with the stock  EX: Ex-Rights wherever the price is indicated a Ex-bonus or Ex-rights, the
exchange. corresponding figures for equity. Reserves, Book value and EPS are adjusted
 YearToDate : Latest Results (qtr,half or Nine) of the company. as per the bonus or the Rights ratio.
 Sales Growth % : Indicates the % growth of sales on year-on-year basis. Notes: (A) The Profit figure reflects the performance of the current year. We have
made the necessary adjustments for the prior year’s entries in P/L .A/c to reflect the
 NP Growth % : Indicates the % growth of Net profit (NP) on year-on-yearbasis. true performance of the current year. Thus our figures may not be comparable with those
 Promoter Holding: Indicates the % of equity holding with the promoters of the company. published elsewhere unless they represent the same thing. (B) Source of information is
 Promoters pledged shares % :Indicates the % of shares Pledged by promoters. Company press releases and Annual Reports.
Institutional Holding: Indicates the % of equity holdings in the company held by Financial
Institutions, Banks,Insurance companies,MF’s and FIIs. Data powered by: Dion Global Solutions Ltd.,
Bangalore. Tel:080 - 40467500. For more details visit www.dionglobal.com
AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA
Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
1 AIRLINES
IND. COMPOSITE 1078 42395 3570 10
InterGlobe Aviation 10 1603 364.6* 50 16140 1989.7 54.6 15.00 1.6 108.2 1609 4166.9 139.8 1609H 8745.8 13 731.6 -3 85.88 0 7.05 72.7 29939 821.20 1396/702 29170 15.2
Jet Airways 10 1603 113.6 -293 21167 1173.6 103.3 - -2.8 - 1609 5420.4 108.1 1609H 10532.4 1 211.3 -32 50.99 0 37.24 106.1 3946 347.35 796/332 11700 3.7
Spicejet Ltd. 10 1603 599.5 -20 5088 407.2 6.8 - -0.8 - 1609 1400.4 58.9 1609H 2923.1 36 207.9 117 60.31 33 2.12 171.0 3429 57.20 95/55 4349 6.2
2 ALUMINIUM
IND. COMPOSITE 1173 41134 1338 33
Hindalco Indus. 1 1603 206.6* 179 34318 607.3 2.9 1.00 0.8 1.6 1609 9012.3 439.7 1609H 16597.0 -5 733.8 298 37.68 0 41.13 338.5 32036 155.05 185/59 60355 28.3
National Alumini 5 1603 966.5 65 6816 731.0 3.8 2.00 0.0 5.8 1609 1846.1 121.2 1609H 3512.2 -1 256.2 -40 74.57 0 16.16 80.9 12554 64.95 72/30 7621 21.0
4 AQUACULTURE
IND. COMPOSITE 9 2018 155 16
Avanti Feeds Lim 2 1603 9.1 83 2018 155.3 34.2 7.00 0.0 41.2 1609 713.1 29.1 1609H 1469.6 29 75.7 -16 43.94 0 29.67 15.5 2230 490.95 632/333 2165 15.7
5 AUTO - 2 & 3 WHEELERS
IND. COMPOSITE 400 63071 7365 21
Atul Auto Ltd 5 1603 11.3* 68 531 47.4 20.9 5.25 0.0 30.6 1609 143.5 13.8 1609H 236.5 -5 18.8 -9 52.69 0 15.31 21.2 923 407.40 581/392 910 20.2
Bajaj Auto Ltd. 10 1603 289.4 425 22688 3652.4 126.2 55.00 0.0 29.7 1609 6054.5 1122.8 1609H 11802.5 1 2101.1 5 49.29 0 25.96 80.1 76215 2633.85 3122/2173 75518 19.3
Hero MotoCorp 2 1603 39.9* 398 28599 3132.4 156.9 72.00 0.0 39.4 1609 7796.3 1004.2 1609H 15195.2 11 1887.3 23 34.63 8 56.37 87.2 60801 3044.75 3740/2375 60670 17.3
Maha. Scooters 10 1603 11.4 273 9 101.0 88.4 30.00 0.0 32.4 1609 1.4 8.9 1609H 2.3 -53 10.3 -80 50.99 0 10.95 10.4 1846 1615.35 2170/1062 1840 30.7
TVS Motor Co. Ltd. 1 1603 47.5 41 11244 432.1 9.1 2.50 0.4 22.3 1609 3726.3 177.4 1609H 6874.5 17 298.6 28 57.39 0 30.20 107.1 17134 360.65 418/256 17860 32.7
6 AUTO - ANCILLARIES
IND. COMPOSITE 1244 69535 4624 39
Amara Raja Batt. 1 1603 17.1 123 4691 489.4 28.7 4.25 0.0 23.3 1609 1345.5 136.3 1609H 2666.4 17 267.0 9 52.06 1 29.31 42.9 14888 871.60 1077/773 14810 29.1
Amtek Auto Ltd. 2 1603 45.0 197 1485 -660.8 -58.8 - 1.8 - 1609 497.0 -755.2 1609H 1050.3 -38 -1074.9 -240 47.42 0 13.74 82.2 728 32.40 56/26 8700 -
Automotive Axles 10 1603 15.1 217 1086 34.8 23.0 5.50 0.1 10.6 1609 224.1 9.7 1609H 516.9 2 20.8 33 71.03 0 13.66 11.9 936 619.15 800/510 964 23.5
Banco Products 2 1603 14.3 63 493 82.1 11.5 4.60 0.0 18.1 1609 135.4 32.3 1609H 274.3 14 65.2 41 67.88 0 4.71 17.5 1348 188.50 242/90 1277 13.3
*Bosch Ltd. 10 1603 30.5 2716 10613 1245.9 408.2 85.00 0.0 15.0 1609 2611.5 703.7 1609H 5131.1 10 1082.5 41 70.48 0 19.89 52.5 64092 20999.40 2 5650/15753 62279 35.7
Endurance Technologi 10 1603 140.7* 104 3674 205.6 14.6 7.38 0.1 14.0 1609 1064.8 66.3 1609H 2027.4 10 121.8 11 82.50 0 8.74 287.8 8040 571.55 675/518 8179 -
Exide Inds. 1 1603 85.0 52 6809 622.8 7.3 2.40 0.0 14.0 1609 1928.9 181.3 1609H 3940.0 11 377.4 21 45.99 0 34.09 92.3 15300 180.00 208/116 15329 22.2
Federal-Mogul Goetze 10 1603 55.6 88 1328 44.0 7.9 - 0.4 9.0 1609 325.1 20.6 1609H 665.9 -3 37.3 83 74.98 0 13.55 17.8 2745 493.40 591/271 2893 45.1
FIEM Industries 10 1603 13.2 208 987 57.2 43.5 8.00 0.4 20.9 1609 291.8 14.1 1609H 537.0 22 25.5 16 63.58 0 24.19 8.0 1485 1128.55 1510/655 1591 24.5
Gabriel India 1 1603 14.4 26 1438 75.2 5.2 1.20 0.0 19.8 1609 393.8 21.3 1609H 764.2 7 40.7 11 54.63 0 17.79 59.0 1543 107.45 130/75 1515 19.5
GNA Axles 10 1603 21.5* 67 509 26.0 12.1 - 0.8 17.9 1609 130.0 7.5 1609H 268.6 7 15.3 26 70.65 0 12.25 18.5 390 181.90 276/171 498 -
Harita Seating Syst. 10 1603 7.8 89 308 25.3 32.6 6.00 0.0 36.8 1609 84.9 4.6 1609H 165.7 10 8.1 4 66.35 0 8.71 6.5 522 672.40 790/288 523 20.4
Hind. Composites 10 1603 4.9 1194 184 39.1 79.4 1.00 0.0 6.7 1609 44.5 10.9 1609H 95.7 24 23.2 71 74.97 0 0.01 12.3 759 1540.95 2119/750 759 15.6
India Nippon Ele 10 1603 11.3 208 340 25.3 22.4 9.00 0.0 10.6 1609 96.7 10.7 1609H 180.7 10 16.8 44 66.38 0 0.38 8.1 551 487.45 695/315 541 18.1
IST Ltd. 10 1603 5.8* 270 18 6.6 11.4 - 0.1 4.2 1609 7.3 2.1 1609H 13.5 78 4.3 25 74.99 0 0.00 6.7 456 782.00 825/575 466 61.0
Jamna Auto Inds. 5 1603 39.8 31 1092 72.3 9.1 2.75 0.0 29.4 1609 246.7 20.6 1609H 540.5 2 47.9 64 47.91 9 8.93 29.6 1354 170.00 241/116 1358 14.9
Jay Bharat Marut 5 1603 10.8 112 1302 40.4 18.7 2.00 0.4 16.7 1609 362.4 13.3 1609H 656.7 1 20.3 14 58.56 0 0.11 12.1 603 278.35 375/114 696 14.1
JBM Auto 5 1603 20.4 49 567 24.6 6.0 1.75 1.1 12.4 1609 162.3 9.6 1609H 337.9 13 23.2 59 61.97 0 2.90 11.3 941 230.70 327/101 1146 28.3
JMT Auto Ltd. 1 1603 50.4* 3 336 4.9 0.1 - 0.8 2.9 1609 69.7 1.7 1609H 151.0 -12 2.8 -14 71.73 100 16.76 12.2 988 19.60 47/18 1114 -

Databank Updated Information Updated as on Dec 30, 2016
Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
LG Balakrishnan&Bros 10 1603 15.7 252 1090 57.5 36.6 6.00 0.3 14.5 1609 310.0 21.1 1609H 574.2 9 30.7 16 47.45 0 15.18 17.0 846 538.85 729/397 951 13.7
Lumax Auto Technolog 10 1603 13.6 100 562 19.6 14.3 4.70 0.1 14.3 1609 140.2 2.6 1609H 287.7 2 5.9 -34 55.66 0 19.45 8.5 588 431.50 557/260 599 35.5
Lumax Inds. 10 1603 9.3 210 1255 37.4 40.0 12.00 0.5 18.3 1609 309.8 11.8 1609H 613.4 -1 21.5 14 73.53 0 2.26 20.1 700 749.20 989/357 792 17.5
Minda Corporation 2 1603 41.9 17 705 46.5 2.2 0.50 0.2 13.4 1609 198.6 16.3 1609H 379.2 10 26.7 8 70.20 0 12.69 8.0 1850 88.40 144/86 1859 38.1
Minda Industries 2 1603 15.9 55 1469 79.4 10.0 1.40 0.2 18.2 1609 438.8 33.1 1609H 839.6 17 55.7 51 74.01 0 6.40 10.8 2387 300.95 405/144 2469 24.3
MothersonSumiSystems 1 1603 140.4* 17 5312 711.9 5.1 2.50 0.1 29.1 1609 1586.0 198.0 1609H 3007.5 18 341.6 -5 63.10 9 26.65 106.5 45720 325.75 359/206 46040 65.5
Munjal Auto Industr. 2 1603 10.0 44 885 20.1 4.0 1.40 0.2 9.2 1609 221.2 8.3 1609H 445.7 5 16.4 94 74.80 0 0.13 19.1 445 89.00 118/62 495 15.9
Munjal Showa Ltd 2 1603 8.0 113 1502 61.2 15.3 4.00 0.0 13.5 1609 389.1 18.0 1609H 774.6 2 32.6 -1 65.01 0 3.55 13.9 750 187.40 256/150 747 12.3
Phoenix Lamps 10 1603 28.0 63 218 1.4 0.5 - 0.2 0.8 1609 57.8 4.8 1609H 115.5 12 11.0 55 61.92 0 1.02 23.0 428 152.75 173/88 467 80.5
Precision Camshafts 10 1603 94.8* 54 438 54.9 5.8 1.00 0.3 10.8 1609 107.3 13.0 1609H 224.9 -5 31.5 -5 63.91 0 16.66 48.0 1478 155.95 188/126 1293 27.8
Rane (Madras) 10 1603 10.5 145 861 14.1 13.4 4.50 1.6 9.2 1609 257.5 6.6 1609H 485.1 16 9.3 36 57.79 0 0.38 7.7 435 414.20 568/267 668 26.3
Rane Brake Lining Lt 10 1603 7.9 174 448 25.8 32.5 10.00 0.2 18.7 1609 113.1 9.8 1609H 234.5 10 20.3 133 66.49 0 9.83 8.6 785 992.40 1399/277 805 21.0
Rane Engine Valve Lt 10 1603 6.7 153 350 -12.5 -18.7 - 1.1 - 1609 90.7 61.9 1609H 183.0 5 59.3 2203 51.13 0 1.37 6.1 431 641.70 807/442 546 -
Rico Auto Inds. 1 1603 13.5 34 908 27.1 2.0 0.60 0.4 5.9 1609 251.4 13.6 1609H 498.7 13 27.6 111 50.10 0 4.45 46.3 736 54.40 75/28 907 17.7
Setco Automotive 2 1603 26.7 14 505 33.4 2.5 0.80 1.1 15.1 1609 102.7 1.2 1609H 216.3 1 4.8 -51 63.53 61 3.19 13.9 526 39.40 55/28 731 19.4
Shanthi Gears 1 1603 8.2 35 165 18.2 2.2 0.50 0.0 6.4 1609 45.9 6.7 1609H 92.3 15 11.6 50 70.12 0 5.08 15.7 927 113.40 143/78 869 41.9
Sharda Motor Ind 10 1603 5.9 388 927 34.2 57.6 12.50 0.5 14.8 1609 260.2 11.8 1609H 504.3 14 24.5 63 74.95 0 0.16 2.9 595 1000.05 1438/726 663 13.6
Shivam Autotech Ltd. 2 1603 20.0 20 424 19.2 1.9 0.40 1.4 9.8 1609 119.8 0.9 1609H 238.5 13 2.1 -80 74.79 0 0.97 14.7 429 42.85 69/37 701 40.6
Shriram Pistons 10 U1603 22.4 308 1393 92.7 41.5 - 0.4 13.2 1609 372.7 27.1 1609H 736.0 7 59.7 41 - 0 0.00 - 2752 1230.00 2973/385 2941 25.0
Sona Koyo Steer. 1 1603 19.9* 14 1077 25.0 1.3 0.50 0.8 9.1 1609 285.5 6.1 1609H 549.7 3 9.2 32 52.32 0 1.43 52.2 1207 60.75 75/37 1410 44.3
Steel Strips Wheels 10 1603 15.5 296 1182 61.2 39.4 1.50 1.3 13.3 1609 291.0 18.0 1609H 616.3 4 32.9 21 58.76 12 0.97 12.9 960 617.70 775/284 1435 13.6
Subros Ltd. 2 1603 12.0 56 1307 24.0 4.0 0.80 0.9 7.2 1609 437.4 4.3 1609H 761.9 23 3.5 -65 40.00 0 4.45 59.6 976 162.65 186/73 1266 56.1
Sundaram Clayton 5 1603 10.1 213 1415 139.6 69.0 41.00 0.6 32.4 1609 351.8 7.9 1609H 698.3 -3 19.3 -59 74.99 0 15.72 15.5 5981 2956.00 3542/1755 6258 53.6
Sundaram Fasten. 1 1603 21.0 48 2607 211.2 10.0 2.15 0.5 20.8 1609 738.2 76.9 1609H 1451.2 12 152.5 62 49.53 0 21.29 41.4 6112 290.85 354/135 6653 22.7
Suprajit Enginee 1 1603 13.1 32 588 50.0 3.8 1.05 0.4 12.1 1609 169.5 22.4 1609H 313.0 15 35.2 43 47.36 0 16.13 12.9 2524 192.15 234/122 2703 41.6
The Hi-Tech Gears 10 1603 18.8 88 450 21.2 11.3 3.00 0.2 10.8 1609 119.8 5.8 1609H 242.5 7 12.3 2 55.29 0 0.12 4.8 557 296.55 400/220 582 26.0
WABCO India 5 1603 9.5 556 1838 204.6 107.9 6.00 0.0 19.4 1609 504.7 47.2 1609H 1094.4 34 121.1 26 74.99 0 10.17 26.5 9884 5211.25 6542/4760 9671 43.0
Wheels India Ltd. 10 1603 12.0 339 2016 40.0 33.2 9.00 0.8 9.8 1609 545.7 13.1 1609H 1079.6 7 27.7 63 74.99 0 7.75 7.1 1401 1164.00 1417/771 1732 27.7
ZF Steering Gear 10 1603 9.1 308 381 45.1 49.7 12.50 0.1 16.1 1609 89.7 9.2 1609H 200.8 11 22.6 1 73.65 0 1.68 10.1 1094 1205.45 1815/1045 1125 24.2
7 AUTO - CARS & JEEPS
IND. COMPOSITE 462 98631 7739 30
Mahi. & Mahi 5 1603 310.5 350 40885 3167.5 51.0 12.00 0.1 14.6 1609 10609.1 1163.3 1609H 21649.9 13 2118.5 20 25.35 5 54.43 173.1 73565 1184.45 1509/1092 73112 20.8
Maruti Suzuki India 5 1603 151.0 894 57746 4571.4 151.3 35.00 0.0 16.9 1609 20296.8 2398.0 1609H 37268.5 21 3884.2 44 56.20 0 37.28 149.5 160797 5323.00 5972/3202 1 60836 2 6.6
8 AUTO - LCVS/HCVS
IND. COMPOSITE 1019 71604 2416 103
Ashok Leyland 1 1603 284.6 16 18822 721.8 2.5 0.95 0.4 13.1 1609 4622.4 294.4 1609H 8881.2 0 585.2 85 50.38 11 18.61 504.3 22795 80.10 113/74 23212 26.5
Eicher Motors 10 1603 27.2* 791 6188 1229.8 361.7 1 00.00 0.0 57.2 1609 1762.5 396.2 1609H 3320.0 203 733.3 269 50.59 0 36.73 67.7 59337 21812.10 2 6602/14818 59315 43.1
Force Motors 10 1603 13.2 1124 3060 179.4 136.2 10.00 0.0 12.1 1609 849.2 50.3 1609H 1602.4 14 101.8 30 60.11 0 5.72 43.6 4930 3741.85 4839/2180 4615 24.3
SML Isuzu Ltd. 10 1603 14.5 235 1164 51.2 35.4 8.00 0.2 15.0 1609 304.6 9.7 1609H 767.8 18 50.8 43 43.96 0 7.39 29.0 1560 1077.90 1434/646 1579 23.4
Tata Motors Ltd. 2 1603 679.1* 66 42370 234.2 0.7 0.50 0.6 1.0 1609 10322.5 -630.8 1609H 20642.0 3 -605.0 -57720 32.99 6 40.50 443.7 160055 471.35 599/266 1 73643 -
9 AUTO - TRACTORS
IND. COMPOSITE 1335 4164 139 31
Escorts Ltd. 10 1603 122.6 150 3472 89.4 7.3 1.20 0.2 4.8 1609 995.3 31.3 1609H 2065.0 16 78.2 49 42.98 0 15.79 87.4 3634 296.45 414/113 3693 31.6
HMT Ltd. 10 U1603 1204.1 3 45 -24.7 -0.2 - 2.0 - 1609 6.8 -31.1 1609H 14.3 -44 -63.7 -29 93.68 0 0.00 22.0 4961 41.20 60/32 5036 -
VST Tillers Tr 10 1603 8.6 486 647 74.1 85.8 15.00 0.0 17.6 1609 174.7 17.5 1609H 352.7 11 37.5 1 53.98 0 17.88 11.6 1498 1733.70 2035/1300 1470 20.1
10 BEARINGS
Fag Bearings Ind 10 1512 16.6 775 1724 197.5 118.8 10.00 0.0 15.3 1609 476.9 50.4 1609N 1347.1 5 138.1 -2 51.32 0 32.36 10.0 6424 3865.70 4998/3707 5953 33.1
Menon Bearings L 1 1603 5.6* 9 111 14.9 2.7 1.00 0.2 28.7 1609 31.9 4.7 1609H 63.0 14 9.4 36 74.67 0 0.00 9.3 394 70.30XB 93/40 401 22.7
NRB Bearings Lim 2 1603 19.4 31 659 46.0 4.7 1.40 0.7 15.3 1609 179.7 16.4 1609H 354.3 8 30.5 16 54.88 5 33.91 10.5 1037 106.95 147/103 1231 20.6
SKF India 10 1603 52.7 298 2998 257.1 39.0 15.00 0.0 16.4 1609 662.1 60.3 1609H 1313.3 115 120.7 159 53.58 0 32.54 23.6 6664 1263.65 1550/1040 5966 29.0
Timken India Ltd 10 1603 68.0 77 1062 91.9 13.5 1.00 0.0 17.6 1609 282.6 29.9 1609H 564.8 7 58.2 31 75.02 0 11.05 53.8 4046 595.05 641/401 4017 38.2
11 BEVERAGES
IND. COMPOSITE 452 19497 1609 36
G M Breweries Ltd. 10 1603 14.6* 124 360 58.3 39.9 2.50 0.0 32.2 1609 87.7 11.1 1609H 176.7 1 23.7 -6 74.43 0 2.13 12.8 751 513.60XB 928/430 717 13.2
Manpasand Beverage 10 1603 57.2* 106 557 50.6 8.8 1.00 0.0 8.3 1609 102.5 5.4 1609H 331.8 40 34.1 69 44.13 0 52.36 8.2 3149 550.45 776/389 3057 48.8
Radico Khaitan Ltd. 2 1603 26.6 67 1543 76.9 5.8 0.80 0.8 8.5 1609 447.3 22.3 1609H 877.7 15 44.3 21 40.46 7 35.62 33.4 1485 111.65 151/84 2182 17.7
United Breweries Ltd 1 1603 26.4 80 5081 294.6 11.1 1.15 0.2 14.0 1609 2201.2 27.1 1609H 5445.9 116 174.1 -0 73.87 19 20.51 33.3 20663 781.50 976/690 21063 69.2
United Spirits 10 1603 145.3 193 9092 981.2 67.5 - 1.3 35.0 1609 6038.8 82.5 1609H 11891.9 10 126.3 53 58.47 3 27.28 94.0 28204 1940.75 3048/1775 31866 1 63.3
Varun Beverages Ltd. 10 1512 182.0* 25 2864 147.5 8.1 - 4.9 32.2 - - - - - - - - - 0 0.00 - 6939 381.35 471/345 8490 -
12 CABLES - POWER/OTHERS
KEI Industries 2 1603 15.6* 47 2326 62.2 8.0 0.50 1.2 17.0 1609 624.5 22.9 1609H 1175.3 4 39.8 47 49.03 0 23.59 23.4 965 124.00 140/86 1396 12.9
13 CABLES - TELEPHONE
*Aksh Optifibre 5 1603 81.3 27 435 33.5 2.1 - 0.1 7.5 1609 87.0 2.3 1609H 195.4 -6 11.0 -45 29.40 0 0.54 46.0 393 24.15 31/12 456 16.1
*Finolex Cables 2 1603 30.6 96 2461 248.8 16.3 2.50 0.0 16.9 1609 614.2 104.8 1609H 1210.8 1 172.0 52 35.85 0 24.39 37.4 6342 414.70 457/201 6149 20.6
Shilpi Cable Technol 10 1603 110.6 33 1906 56.3 5.1 1.00 0.7 15.5 1609 539.5 19.7 1609H 1071.9 27 37.2 27 41.19 74 12.78 7.9 2190 197.95 218/44 2341 34.1
Sterlite Technologie 2 1603 79.6* 20 2036 181.1 4.5 1.00 0.8 22.2 1609 508.7 13.8 1609H 1068.7 -47 47.1 -5 54.53 0 16.16 118.8 3829 96.15 113/69 4457 27.2
Vindhya Telelink 10 1603 11.9 310 984 77.3 65.3 6.00 0.8 21.0 1609 240.1 17.9 1609H 453.2 3 33.0 -20 43.59 0 13.49 8.3 711 599.80 895/511 979 10.3
14 CARBON BLACK
Oriental Carbon 10 1603 10.3 278 275 53.0 51.5 8.50 0.2 18.5 1609 69.6 14.7 1609H 145.1 2 29.3 7 51.04 0 17.23 14.5 797 773.75 860/385 836 14.5
*Phillips Carbon 10 1603 34.5 152 1895 22.9 6.6 2.50 1.7 4.4 1609 460.9 15.2 1609H 891.5 -9 27.2 251 53.56 0 8.07 31.5 768 222.85 290/80 1626 18.2

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
15 CASTINGS AND FORGINGS
IND. COMPOSITE 1389 15452 1056 28
AIA Engineering 2 1603 18.9 214 1850 587.7 62.3 18.00 0.1 29.1 1609 497.7 67.5 1609H 939.3 1 146.8 -45 61.65 0 33.71 16.1 12206 1294.10 1355/700 12307 26.0
Alicon Castalloy 5 1603 6.1 124 683 21.9 17.8 3.75 1.0 14.4 1609 192.9 6.5 1609H 361.5 26 11.6 26 70.99 0 0.00 4.2 447 365.00 491/242 587 18.6
Bharat Forge 2 1603 46.6* 156 4305 701.1 30.1 7.50 0.4 19.3 1609 890.9 126.9 1609H 1795.3 -21 248.9 -32 46.74 0 33.60 103.9 21101 906.20 1009/687 22188 36.4
Electrosteel Cas 1 1603 35.7 56 1972 59.0 1.7 0.50 1.0 2.3 1609 439.1 32.1 1609H 859.9 -7 42.2 90 53.01 17 9.42 59.7 832 23.30 30/17 2655 10.5
Hinduja Foundries Lt 10 1603 207.1* -15 845 -394.3 -12.7 - -2.3 - 1609 155.6 -24.7 1609H 322.0 113 -61.3 38 18.37 0 8.36 9.7 648 31.30 65/27 1045 -
Jayaswal Neco Indust 10 1603 638.6 33 2633 -86.5 -1.4 - 1.8 - 1609 630.5 -99.0 1609H 1212.7 -15 -217.8 -2254 68.78 12 2.17 39.9 448 7.01 11/6 4318 -
M M Forgings Ltd. 10 1603 12.1 232 502 50.1 41.5 6.00 0.7 17.9 1609 118.6 10.2 1609H 237.6 -6 20.6 -21 56.40 0 15.38 9.0 535 442.95 555/336 604 12.0
Mahindra CIE Auto 10 1512 378.1* 64 1204 30.9 1.1 - 0.0 1.3 1609 443.5 14.0 1609N 1339.6 224 40.5 26 69.91 0 11.50 57.5 6938 183.50 259/157 6923 1 52.3
Nelcast Ltd. 2 1603 17.4 35 561 31.9 3.7 0.80 0.3 10.4 1609 140.1 7.9 1609H 299.0 0 15.7 -11 74.42 0 2.04 13.3 443 50.95 77/45 471 14.8
Ramkrishna Forgings 10 1603 28.7 164 897 54.9 19.1 2.00 1.7 11.6 1609 156.5 -4.1 1609H 374.2 -21 2.1 -94 50.40 8 22.91 8.9 820 286.00 542/256 1627 36.6
16 CEMENT
IND. COMPOSITE 2505 83524 5563 45
ACC 10 1512 187.8 450 11797 591.6 31.5 17.00 0.0 7.0 1609 2519.2 84.1 1609N 8427.0 -5 554.1 13 50.33 0 35.20 99.2 24946 1328.40 1738/1173 24890 38.0
Ambuja Cements Ltd. 2 1512 397.1* 52 9461 807.6 4.1 2.80 0.0 7.8 1609 2031.4 277.0 1609N 7036.8 -1 794.2 14 61.14 0 31.10 165.5 40944 206.20 282/185 38118 37.6
Anjani Portland 10 1603 25.3* 60 306 18.8 7.4 - 1.1 12.3 1609 77.8 14.4 1609H 141.6 -15 23.4 44 74.99 0 0.16 8.6 393 155.30 197/105 498 15.2
Birla Corporation Lt 10 1603 77.0 352 3275 157.4 20.4 6.00 0.3 5.8 1609 773.4 58.4 1609H 1674.1 5 152.8 335 62.89 0 19.61 23.8 4851 629.90 807/322 5426 17.6
Deccan Cements 10 1603 7.0 409 579 45.6 65.1 5.00 0.3 15.9 1609 145.6 13.5 1609H 277.6 -11 24.8 -15 56.18 0 9.05 6.0 653 932.90 1220/503 697 15.9
Heidelberg Cement In 10 1603 226.6 39 1655 38.6 1.7 - 0.9 4.3 1609 396.9 16.5 1609H 867.4 3 42.8 685 69.38 0 17.82 48.2 2487 109.75 151/60 3235 32.8
India Cements Lt 10 1603 307.2 110 4227 137.8 4.5 1.00 0.7 3.8 1609 1314.4 62.4 1609H 2520.2 3 106.4 39 28.30 76 43.65 91.8 3583 116.65 164/64 5985 22.0
JK Cement 10 1603 69.9 245 3560 101.5 14.5 4.00 1.5 5.9 1609 923.8 40.9 1609H 1820.7 8 101.8 633 67.02 0 25.37 80.9 5023 718.35 990/425 7051 26.5
JK Lakshmi Cement L 5 1603 58.8 113 2620 6.3 0.5 0.25 1.3 0.5 1609 655.6 24.9 1609H 1432.8 16 53.5 239 45.94 0 33.17 75.2 4104 348.75 514/253 5786 41.7
KCP Ltd. 1 1603 12.9 30 750 42.9 3.3 1.00 0.8 11.1 1609 203.8 7.3 1609H 386.2 -1 10.5 -73 46.34 7 6.79 18.8 1082 83.90 116/59 1364 77.0
Mangalam Cement 10 1603 26.7 184 842 -20.5 -7.7 0.50 0.7 - 1609 190.7 4.7 1609H 415.8 1 27.3 179 13.27 0 17.48 22.8 719 269.35 375/151 1035 -
*NCL Industries 10 1603 36.7 54 661 53.1 14.5 2.00 0.5 27.0 1609 185.4 12.1 1609H 352.9 8 21.2 -40 49.11 83 0.38 40.1 418 113.85 167/80 499 10.7
OCL India Limi 2 1603 11.4 247 2665 236.3 41.5 4.00 0.8 16.8 1609 646.4 85.7 1609H 1355.0 11 191.6 192 74.88 68 2.66 10.5 4000 703.00 997/390 5090 11.0
Orient Cement Ltd. 1 1603 20.5 50 1509 62.2 3.0 1.00 1.3 6.1 1609 384.8 -29.4 1609H 822.0 16 -37.0 -166 37.50 0 38.76 17.5 2514 122.70 241/115 3766 -
Prism Cement Lim 10 1603 503.4 20 5550 8.4 0.2 - 1.7 0.8 1609 1167.4 -21.3 1609H 2457.6 -11 -5.6 86 74.87 0 16.07 89.1 3898 77.45 118/56 5431 -
Rain Industries 2 1512 67.3 9 86 26.1 0.8 1.00 0.9 8.4 1609 2.4 32.3 1609N 37.6 -40 33.5 17 41.09 18 28.95 39.5 1843 54.80 58/26 2096 -
Sagar Cements 10 1603 18.0 308 622 49.8 27.6 5.00 0.3 9.0 1609 138.3 2.5 1609H 296.0 -21 7.1 -77 56.69 0 7.51 9.4 1117 620.70 835/350 1288 44.0
*Shree Cement 10 1603 34.8 1774 5568 454.9 174.1 24.00 0.1 7.4 1609 2006.8 291.5 1609H 4205.5 22 799.2 128 64.78 0 29.30 18.4 51297 14724.70 18519/9350 51730 45.6
The Ramco Cements 1 1603 24.0* 129 3596 558.3 23.3 3.00 0.6 18.1 1609 1019.8 207.0 1609H 1991.8 9 362.9 50 42.29 5 40.11 25.1 13110 546.30 685/355 14779 19.1
Udaipur Cement Works 4 1603 118.1 1 88 12.0 0.4 - 10.2 29.6 1609 14.8 -1.0 1609H 33.7 -23 -0.4 -498 74.99 0 0.67 23.1 540 18.30 28/9 869 -
UltraTech Cement 10 1603 274.5* 755 24107 2174.7 79.2 9.50 0.2 10.5 1609 5458.9 601.0 1609H 11691.5 1 1376.0 30 62.26 0 26.66 291.7 89086 3245.75 4130/2581 91681 34.7
17 CEMENT - PRODUCTS/BUIL D ING MA T ERIALS
HIL 10 1603 7.5 611 1096 39.7 53.1 17.50 0.3 8.6 1609 214.8 9.2 1609H 601.0 -4 40.6 4 40.99 0 6.64 16.3 451 604.30 721/422 594 10.9
Indian Hume Pipe 2 1603 9.7* 63 939 29.1 6.0 3.20 1.0 9.5 1609 450.7 21.8 1609H 898.4 103 47.8 257 69.92 0 5.65 13.8 1832 378.10XB 454/136 2132 28.9
Ramco Industries 1 1603 8.7 58 702 33.7 3.9 0.50 0.6 6.7 1609 150.1 10.9 1609H 384.0 3 41.1 404 53.92 12 6.00 11.5 1681 193.95 288/79 1982 25.2
Sanghi Industrie 10 1603 220.0 41 777 1.5 0.1 - 0.6 0.2 1609 207.2 8.5 1609H 477.9 82 32.3 12805 74.98 67 6.22 15.9 1077 48.95 91/45 1535 34.1
18 CERAMICS/TILES/SANI TAR Y WARE
Asian Granito India 10 1603 30.1* 110 873 18.9 6.3 - 0.5 5.7 1609 243.8 6.2 1609H 436.9 2 11.0 41 28.16 0 0.05 6.9 650 216.15 304/109 805 31.3
Cera Sanitaryware L 5 1603 6.5 324 934 83.5 64.2 9.00 0.1 19.8 1609 249.2 25.1 1609H 462.8 10 46.5 39 54.74 0 19.92 17.3 2642 2031.50 2759/1475 2609 27.4
*HSIL Ltd. 2 1603 14.5 208 1944 116.7 16.1 4.00 0.3 7.8 1609 473.6 31.5 1609H 933.8 11 58.0 39 47.65 0 34.67 26.4 1996 276.15 370/224 2462 15.0
Kajaria Ceramics 1 1603 15.9* 57 2448 234.9 14.8 2.50 0.0 25.8 1609 627.8 73.8 1609H 1223.1 4 139.3 31 47.32 0 31.91 22.3 7395 465.30 740/423 7436 27.6
Somany Ceramics Ltd. 2 1603 8.5 99 1731 61.1 14.4 2.30 0.4 14.5 1609 447.4 23.0 1609H 861.2 8 40.9 94 51.53 0 16.03 7.7 2082 491.30 714/322 2229 25.8
19 CHEMICALS
IND. COMPOSITE 656 26698 1796 30
Aarti Ind. Ltd 5 1603 41.7 128 2717 252.4 30.3 8.50 1.1 23.6 1609 710.3 76.0 1609H 1445.7 8 158.5 30 54.80 0 15.17 19.7 5692 683.15 765/417 6885 19.7
Adi Finechem 10 1603 13.8 46 152 10.6 7.7 2.50 0.5 16.8 1609 42.3 0.9 1609H 87.7 24 5.1 166 62.76 0 8.10 4.8 698 506.05 544/170 726 50.8
Alkyl Amines Che 5 1603 10.2 98 484 49.9 24.4 10.00 0.5 25.0 1609 124.5 10.5 1609H 233.1 -7 21.4 -5 74.19 0 0.80 8.4 622 305.05 410/280 716 12.8
Balaji Amines Li 2 1603 6.5 90 635 61.3 18.9 2.00 0.5 21.0 1609 172.2 21.7 1609H 353.9 11 48.1 95 54.42 0 3.07 7.0 1037 320.10 380/115 1163 12.2
BASF India Lt 10 1603 43.3 268 4752 4.5 1.0 1.00 1.2 0.4 1609 1291.9 -19.4 1609H 2686.8 9 -9.6 -128 73.33 0 9.16 43.3 4985 1151.55 1289/700 6331 -
Camlin Fine Sciences 1 1603 10.3* 12 412 25.8 2.5 0.45 1.2 21.2 1609 71.1 1.1 1609H 173.2 -14 7.5 -19 41.08 0 11.55 30.6 1036 100.35 120/76 1169 43.2
Deepak Nitrite 2 1603 23.3 41 1336 65.1 5.6 1.20 0.8 13.7 1609 302.6 15.4 1609H 616.3 -9 83.3 196 51.95 0 14.09 15.8 1068 91.80 134/56 1457 8.9
Elantas Beck India L 10 1512 7.9 217 344 41.8 52.7 5.00 0.0 24.3 1609 91.2 15.3 1609N 280.0 8 42.8 34 74.99 0 6.63 8.4 1441 1818.05 1850/1160 1430 27.4
Foseco India Lim 10 1512 6.4 171 292 31.7 49.7 26.50 0.0 29.1 1609 86.7 7.7 1609N 252.9 15 26.0 7 74.98 0 0.12 7.3 812 1270.80 1574/1070 797 24.2
*Grauer & Weil 1 1603 22.7 11 423 39.0 1.7 0.28 0.1 15.5 1609 105.6 15.5 1609H 201.2 4 28.1 33 69.02 0 0.02 18.1 736 32.45 45/20 748 16.0
Guj. Fluorochemi 1 1603 11.0 265 1338 104.2 9.5 3.50 0.1 3.6 1609 335.6 35.3 1609H 708.6 4 68.5 30 68.33 0 8.10 12.9 5109 465.05 667/401 5515 42.7
Himadri Speciality 1 1603 41.8 21 1152 -12.1 -0.3 0.05 0.9 - 1609 341.8 19.0 1609H 596.8 2 30.7 203 48.95 0 0.61 22.6 1393 33.30 48/13 2117 -
I G Petrochemicals L 10 1603 30.8 95 953 60.4 19.6 2.00 0.3 20.7 1609 255.0 20.3 1609H 510.5 -4 50.3 19 72.21 0 0.07 28.2 711 230.75 347/72 786 10.4
India Glycols 10 1603 31.0 138 2322 -34.2 -11.0 - 2.6 - 1609 718.4 12.0 1609H 1326.3 6 19.8 117 61.06 0 1.98 31.0 415 133.95 149/65 1490 -
*IOL Chemicals and Ph 10 1603 56.2 33 580 -40.0 -7.1 - 2.4 - 1609 172.6 1.0 1609H 334.9 13 1.7 106 39.91 0 0.15 10.6 539 95.95 156/57 966 -
Jayant Agro Org 5 1603 7.5 137 562 21.6 14.4 3.75 0.5 10.5 1609 162.0 10.8 1609H 327.3 20 20.9 182 65.71 0 0.08 5.7 761 507.60 600/101 847 21.7
Kesar Petroprod. 1 1603 9.7 4 144 12.1 1.3 - 0.3 18.3 1609 41.1 5.2 1609H 82.2 9 10.7 114 36.20 0 0.00 25.6 411 42.50 63/36 414 23.1
National Peroxid 10 1603 5.7 383 234 18.0 31.3 10.00 0.0 8.2 1609 65.7 12.2 1609H 129.2 13 24.3 300 70.68 3 0.01 7.5 483 839.70 1040/470 492 13.3
Navin Fluorine Inter 10 1603 9.8* 647 636 86.5 88.3 21.00 0.0 13.6 1609 182.5 55.4 1609H 346.9 15 84.0 103 38.70 9 28.48 92.1 2471 2524.40 2875/1262 2486 19.1
*Pidilite Inds. 1 1603 51.3 55 4735 703.0 13.7 4.15 0.0 25.1 1609 1220.0 226.2 1609H 2590.2 5 498.5 19 69.59 0 19.42 79.8 30253 590.10 770/529 30183 37.9
S H Kelkar & Company 10 1603 144.6 38 561 70.8 4.9 1.50 0.0 12.9 1609 154.6 18.6 1609H 312.7 21 41.4 20 56.71 0 16.90 17.9 4477 309.60 354/201 4432 57.5
Seya Industries 10 1603 20.4* 48 275 26.8 13.2 1.00 4.5 27.2 1609 76.1 8.3 1609H 150.5 16 15.7 29 71.34 0 0.01 9.4 526 258.25 291/119 778 17.3
Shree Pushkar Chemic 10 1603 30.2 54 249 22.3 7.4 1.00 0.1 13.7 1609 80.6 9.0 1609H 144.3 20 15.1 42 61.43 0 8.87 10.9 502 166.20 196/93 478 18.8
Thirumalai Chem. 10 1603 10.2 180 780 42.7 41.7 10.00 0.1 23.2 1609 217.2 17.9 1609H 385.1 -9 33.4 26 41.68 0 0.85 17.1 784 765.60 984/129 796 15.8
Vinati Organics 2 1603 10.3 105 631 131.6 25.5 4.00 0.0 24.3 1609 139.8 30.4 1609H 306.9 -6 66.2 7 73.96 0 8.61 18.4 3025 586.30 665/361 2968 22.3

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
20 CHEMICALS - CHLRO A L KALI
IND. COMPOSITE 428 15175 1073 16
GHCL 10 1603 100.0 99 2559 256.6 25.7 3.50 1.2 26.0 1609 658.9 90.3 1609H 1339.6 8 193.1 72 18.48 0 24.78 55.7 2474 247.35 299/95 3600 7.3
Guj. Alkalie & C 10 1603 73.4 316 1966 221.7 30.2 4.50 0.1 9.6 1609 528.4 87.4 1609H 1053.1 10 173.7 89 46.27 0 7.85 49.6 2548 347.00 434/130 2726 8.4
Tata Chemicals 10 1603 254.8 251 10650 594.6 23.3 10.00 0.4 9.3 1609 1556.6 118.8 1609H 3090.9 -24 321.8 -17 30.80 5 47.53 181.1 12779 501.60 585/310 14896 22.1
21 COMPRESSORS
Elgi Equipments 1 1603 15.8 34 869 23.8 1.5 1.00 0.1 4.4 1609 212.5 16.1 1609H 419.8 10 36.0 7 31.90 0 27.64 18.5 2912 183.75 205/119 2937 111.6
Ingersoll Rand 10 1603 31.6 316 659 62.2 19.7 6.00 0.0 6.2 1609 166.1 19.9 1609H 317.8 -1 35.7 45 73.99 0 8.76 23.7 2142 678.55 825/583 1666 29.2
Kirloskar Pneumatic 10 1603 12.8 250 509 36.4 28.3 7.00 0.0 11.3 1609 117.6 6.0 1609H 237.8 5 15.5 50 67.88 0 18.35 17.4 906 705.45 950/622 883 21.8
22 COMPUTER - HARDAWARE
IND. COMPOSITE 132 15171 -21 25
Ducon Infratech 1 1603 7.8 3 33 0.4 0.0 - 0.3 1.5 1609 10.6 0.2 1609H 18.9 14 0.4 455 60.17 0 0.00 15.3 439 56.00 92/13 445 -
HCL Infosystem 2 1603 44.6 55 2499 -210.3 -12.6 - 0.4 - 1609 635.4 -17.5 1609H 1396.3 19 -29.0 -145 58.03 0 3.71 86.3 1285 57.65 64/30 1717 -
Redington (India) Lt 2 1603 80.0* 36 12639 188.9 4.7 2.10 0.3 13.1 1609 3576.7 60.7 1609H 7275.3 23 103.3 9 8.19 0 63.51 23.3 3755 93.90 127/80 4182 19.0
23 COMPUTER - SOFTWARE
IND. COMPOSITE 6727 261914 60443 18
3i Infotech 10 1603 1047.4 -9 330 -1063.7 -10.2 - -0.6 - 1609 55.9 14.3 1609H 137.3 -17 29.8 114 2.91 0 46.13 158.3 590 5.63 7/4 1357 -
8K Miles Software 5 1603 15.3* 19 21 1.2 0.4 - 0.0 2.1 1609 8.8 0.5 1609H 15.9 97 0.9 72 63.41 0 2.69 9.5 1973 646.55XB 956/478 1973 -
Accelya Kale Solut 10 1606 14.9 64 310 80.7 54.1 45.00 0.0 85.0 1609 84.8 25.9 1609Q 84.8 17 25.9 48 74.65 0 7.69 14.5 2148 1439.15 1525/787 2144 24.1
Allsec Technologies 10 1603 15.2 81 108 9.5 6.2 - 0.0 7.6 1609 28.3 5.3 1609H 54.7 3 9.4 73 40.35 0 34.16 6.0 564 370.40 400/90 558 42.0
Aptech Ltd. 10 1603 39.9 54 91 10.2 2.6 1.00 0.0 4.7 1609 31.0 5.0 1609H 47.8 22 4.3 21 49.30 0 1.75 82.1 662 165.85 228/52 632 60.7
AXISCADES Engineer 5 1603 13.6 43 235 26.3 9.7 - 0.2 22.7 1609 59.1 3.2 1609H 123.3 11 8.6 -15 59.12 0 2.37 16.4 482 177.45 342/134 495 19.5
Cigniti Technologies 10 1603 26.3* 114 204 32.0 12.2 - 0.1 10.6 1609 53.7 3.1 1609H 107.2 15 7.1 -52 50.51 4 0.14 3.6 1057 401.70 493/342 1076 43.7
Cyient Ltd. 5 1603 56.3* 150 1246 233.5 20.7 7.00 0.0 13.9 1609 328.7 63.4 1609H 633.8 -4 104.8 -28 22.18 0 64.60 18.9 5620 499.30 555/371 5125 29.3
Datamatics Global Se 5 1603 29.5 75 282 32.4 5.5 0.75 0.1 7.3 1609 71.0 7.1 1609H 141.6 51 12.3 13 72.68 8 0.06 15.3 754 127.90 132/41 783 22.3
eClerx Services 10 1603 40.9 233 1106 297.6 72.8 1.00 0.0 31.2 1609 291.5 86.6 1609H 589.8 14 178.1 50 50.44 0 41.37 22.1 5710 1396.60 1775/1190 5476 16.0
Firstsource Solution 10 1603 676.4* 26 875 149.7 2.2 - 0.1 8.4 1609 231.3 42.5 1609H 453.2 4 81.2 3 55.35 0 15.35 133.7 2550 37.70 54/29 2688 16.8
Geometric Ltd. 2 1603 13.2* 71 423 97.7 14.8 3.00 0.0 20.9 1609 111.7 26.8 1609H 207.8 4 40.2 -1 37.51 0 17.77 20.3 1655 250.20 258/136 1668 17.0
HCL Technologies 2 1603 282.2* 152 13433 4733.7 44.7 16.00 0.0 22.0 1609 4705.8 1690.7 1609H 9314.6 109 3490.0 143 60.35 0 32.42 168.1 116759 827.40 890/707 1 08124 1 7.1
Hexaware Technologie 2 1512 60.4* 45 1294 333.0 11.0 8.65 0.0 24.3 1609 371.5 94.7 1609N 1024.2 6 250.4 -1 71.22 0 17.07 97.6 6256 207.15 274/178 6146 18.9
Hinduja Global Solut 10 1603 20.7* 437 1383 118.3 57.0 15.00 0.3 13.1 1609 388.6 24.0 1609H 767.5 23 51.1 6 67.67 0 10.84 12.6 1088 524.30 614/365 1297 9.0
Hinduja Ventures 10 1603 20.6 450 332 100.6 48.9 17.50 0.4 10.9 1609 59.2 28.2 1609H 120.2 109 52.4 1 70.82 0 4.69 9.7 1036 504.00 601/365 1432 10.3
Infinite Computer So 10 1603 40.1* 153 429 94.8 23.6 - 0.0 15.5 1609 90.4 22.5 1609H 180.9 -5 45.7 15 74.86 0 3.89 26.9 918 228.80 268/180 734 9.1
Infosys 5 1603 1148.5* 249 53983 15786.0 68.7 24.25 0.0 27.6 1609 15000.0 3476.0 1609H 29420.0 12 6656.0 8 12.74 0 57.56 691.0 232152 1010.70 1278/900 2 02976 1 7.5
Intellect Design 5 1603 50.6* 55 546 32.7 3.2 - 0.0 5.8 1609 125.9 -13.4 1609H 256.1 -3 -9.6 -214 29.56 0 16.17 64.2 1410 139.45 286/119 1415 96.4
Intrasoft Technologi 10 1603 14.7 77 30 39.7 27.0 2.00 0.0 34.8 1609 3.2 2.4 1609H 6.2 -69 2.7 -53 47.51 0 8.57 7.3 625 424.20 584/250 628 17.1
Kellton Tech Solutio 5 1603 23.5 17 49 6.7 1.9 - 0.1 8.5 1609 18.2 2.5 1609H 36.0 204 4.8 165 62.00 4 0.02 10.6 539 114.55 237/79 546 56.5
KPIT Technologies 2 1603 39.5 60 1262 201.9 10.2 2.20 0.2 17.0 1609 341.3 49.1 1609H 669.7 7 107.3 16 16.71 16 52.43 60.5 2646 134.00 197/108 2615 12.2
L&T Infotech 1 1603 17.1* 109 5570 938.1 55.0 32.65 0.0 50.3 1609 1569.4 227.9 1609H 3079.1 10 457.0 15 84.63 0 5.31 213.7 11587 679.50 716/595 11519 12.7
Majesco L 5 1603 11.7* 109 12 6.2 2.7 - 0.0 2.5 1609 4.5 0.7 1609H 8.3 53 1.6 60 49.14 3 14.36 25.5 912 391.35 789/348 838
1 33.8
Mastek Li 5 1603 11.6* 85 379 13.4 5.7 2.50 0.0 6.7 1609 49.8 4.8 1609H 104.2 -48 19.9 57 49.50 3 12.50 24.7 402 172.55 201/105 367 19.5
MindTree Ltd. 10 1603 168.0* 144 4357 604.9 36.0 16.00 0.0 25.0 1609 1177.4 114.1 1609H 2380.5 17 257.5 -9 13.71 0 46.00 87.4 8765 521.75 804/400 8614 15.2
Moschip Semicond.Tec 2 1603 22.8* -1 5 -11.2 -1.0 - -1.2 - 1609 6.7 0.5 1609H 8.3 257 0.6 117 66.68 0 4.50 22.6 665 58.20 59/5 689 -
*MphasiS Ltd. 10 1603 210.4* 215 2927 458.4 21.8 - 0.0 10.1 1609 763.7 153.7 1609H 1477.1 -1 282.0 11 60.46 0 30.83 28.1 11897 565.55 622/404 11536 24.4
NIIT Ltd. 2 1603 33.1* 49 381 0.1 0.0 - 0.2 0.0 1609 104.0 13.9 1609H 189.2 2 0.8 -42 34.09 0 25.61 70.5 1328 80.15 108/67 1489 -
NIIT Technologies 10 1603 61.4* 187 1468 194.0 31.6 10.00 0.0 16.9 1609 385.8 28.6 1609H 753.7 3 50.0 -56 30.71 0 51.16 43.5 2600 423.70 594/370 2502 19.9
Nucleus Software 10 1603 32.4 131 278 44.7 13.8 5.00 0.0 10.5 1609 77.6 11.2 1609H 148.7 11 18.7 43 60.62 0 9.22 17.6 830 256.30 303/145 725 16.5
Oracle Financial Ser 5 1603 42.5* 351 3487 928.9 109.2 1 00.00 0.0 31.1 1609 907.8 465.4 1609H 1918.1 12 761.0 61 74.16 0 17.41 24.1 26529 3119.15 3986/2796 24356 22.1
Persistent Systems 10 1603 80.0 194 1447 265.5 33.2 8.00 0.0 17.1 1609 422.5 73.7 1609H 839.8 23 153.4 7 37.86 0 34.53 52.3 4918 614.80 797/501 4868 17.9
Polaris Consulting 5 1603 50.8* 64 1826 89.8 8.8 - 0.0 13.7 1609 447.8 28.4 1609H 883.5 -4 55.3 -13 78.61 0 10.22 41.5 1529 150.55 217/141 1493 18.8
Quick Heal Technolog 10 1603 70.1* 88 334 62.9 9.0 2.50 0.0 10.2 1609 106.4 36.3 1609H 153.9 16 32.9 24 72.86 0 12.15 66.0 1758 250.75 330/180 1495 25.3
R Systems Internat. 1 1512 12.7* 14 289 90.6 7.1 3.95 0.0 51.8 1609 67.8 9.3 1609N 199.0 -14 27.7 -60 50.92 0 0.00 14.6 729 57.30 79/47 709 14.8
Ramco Systems Lt 10 1603 30.3* 204 263 24.0 7.9 - 0.0 3.9 1609 75.5 13.7 1609H 143.6 16 21.0 442 55.71 1 26.41 10.6 1012 333.35 816/286 1009 24.6
Rolta India 10 1603 163.4* 175 1830 112.2 6.9 - 0.3 2.9 1609 343.3 127.3 1609H 726.2 -23 201.5 -39 50.87 37 13.58 141.7 989 60.50 104/48 1807 -
Sasken Comm.Tech. 10 1603 17.7 281 402 208.9 117.9 32.00 0.0 41.9 1609 100.7 12.9 1609H 200.9 2 27.0 12 40.66 0 18.47 25.1 714 402.90 448/233 700 3.4
Sonata Software 1 1603 10.5 34 505 117.4 11.2 9.00 0.3 32.6 1609 154.1 33.1 1609H 293.5 24 67.9 47 30.95 1 16.17 35.6 2030 193.00 202/126 1941 14.6
SQS India BFSI 10 1603 10.7 82 264 31.9 29.9 24.00 0.0 36.6 1609 68.4 5.7 1609H 141.5 13 14.0 -11 53.90 0 3.16 11.7 773 723.95 1290/664 718 25.8
Subex Ltd. 10 1603 506.9* 13 296 -132.0 -2.6 - 0.2 - 1609 75.0 3.2 1609H 151.8 11 9.6 -43 0.19 100 0.99 105.3 468 9.24 14/8 601 -
Take Solutions Ltd. 1 1603 13.3 24 24 18.2 1.4 1.00 0.2 5.7 1609 5.5 3.8 1609H 9.4 17 6.0 125 63.13 0 16.24 20.2 1798 134.95 189/122 1846 83.3
Tanla Solutions 1 1603 10.1 62 280 8.3 0.8 0.20 0.0 1.3 1609 108.2 1.5 1609H 191.7 28 7.9 175 30.69 0 0.28 61.6 570 56.20 64/26 526 42.7
Tata Consultancy 1 1603 197.0 299 85864 22882.7 116.1 43.50 0.0 38.9 1609 23016.0 5958.0 1609H 46103.0 10 11736.0 3 73.32 3 22.14 636.2 465405 2361.95 2740/2055 4 60762 1 9.9
Tata Elxsi Ltd. 10 1603 31.1 124 1075 154.8 49.7 14.00 0.0 40.1 1609 303.3 43.1 1609H 597.6 18 85.0 15 44.63 0 14.72 81.2 4367 1402.55 2396/1022 4185 26.3
Tech Mahindra Ltd. 5 1603 486.6* 139 20970 3220.0 33.1 12.00 0.0 23.8 1609 5682.2 872.2 1609H 11329.0 10 1609.7 -10 36.28 0 49.90 515.9 47557 488.70 564/405 44443 15.9
Vakrangee 1 1603 52.9* 29 3169 391.5 7.4 1.25 0.2 25.4 1609 943.5 126.6 1609H 1855.2 25 247.2 36 41.60 0 20.04 16.0 14459 273.20 287/156 14588 31.5
Wipro Ltd 2 1603 486.2* 168 44685 8099.0 33.3 6.00 0.2 19.8 1609 11453.8 1932.1 1609H 23041.3 6 3939.8 -7 74.75 0 16.59 245.9 115223 474.00 607/410 1 09912 1 4.6
Xchanging Solutions 10 1512 111.4 17 121 13.6 1.2 - 0.0 7.2 1609 18.2 -2.0 1609N 62.7 -31 -4.3 -141 75.00 0 0.36 15.7 571 51.25 107/34 488 -
Zee Learn Ltd. 1 1603 32.1* 8 139 15.1 0.5 - 0.5 6.0 1609 33.6 7.6 1609H 75.6 14 15.6 210 61.52 55 22.38 80.4 1249 38.95 43/27 1367 -
Zen Technologies Ltd 1 1603 7.7 15 53 2.3 0.3 0.10 0.3 2.1 1609 7.8 -1.7 1609H 10.4 -74 -7.8 -182 59.44 39 0.12 8.1 542 70.25 135/55 511 -
Zensar Technologies 10 1603 44.8* 211 1246 234.2 52.3 12.00 0.0 24.8 1609 329.9 43.8 1609H 655.1 5 96.9 -28 48.25 0 16.62 23.4 4276 954.50 1136/805 4204 21.7
24 CONSTRUCTIONS
IND. COMPOSITE 7745 94967 -218 23
Ahluwalia Contra 2 1603 13.4 63 1250 84.4 12.6 - 0.3 20.0 1609 290.3 19.7 1609H 596.6 9 41.2 9 62.43 36 30.51 6.8 1728 258.00 336/210 1773 19.7
Ajmera Realty & Infr 10 1603 35.5 110 213 33.9 9.6 2.50 0.3 8.7 1609 59.6 10.9 1609H 94.6 12 16.9 57 61.93 10 0.11 39.6 502 141.35 184/95 603 12.5
Anant Raj Ltd. 2 1603 59.0 138 408 55.6 1.9 0.24 0.2 1.4 1609 103.0 13.2 1609H 176.6 -11 25.6 -18 63.47 0 8.81 49.1 1160 39.30 65/28 2147 23.1
Arihant Superstructu 10 1603 41.2 21 65 15.2 3.7 0.90 0.4 17.9 1609 22.5 3.3 1609H 38.5 23 4.8 -29 74.14 0 2.35 1.2 417 101.25 112/51 446 31.5
Ashiana Housing Ltd. 2 1603 20.5 63 498 131.4 12.8 0.50 0.1 20.3 1609 110.3 22.0 1609H 122.3 35 18.2 -14 61.03 0 14.72 14.4 1380 134.80 181/116 1357 10.7

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Ashoka Buildcon Ltd. 5 1603 93.6 90 1936 159.4 8.5 1.50 0.2 9.5 1609 442.8 45.3 1609H 911.1 -3 76.2 -2 56.68 0 31.17 17.8 2959 158.10 203/111 3202 18.8
B L Kashyap & Sons 1 1603 20.5 21 842 1.0 0.0 - 1.3 0.2 1609 233.2 2.5 1609H 454.0 16 4.1 324 67.41 100 9.76 26.6 412 20.05 28/11 959 -
Brigade Enterprises 10 1603 113.6* 127 1226 146.4 12.9 2.00 0.7 10.1 1609 355.7 32.0 1609H 742.1 29 58.4 -20 56.29 0 9.71 57.1 1710 150.50 189/124 2658 13.0
D B Realty Ltd. 10 1603 243.3 143 177 0.1 0.0 - 0.1 0.0 1609 0.1 -15.2 1609H 5.2 -90 -24.0 -527 61.89 69 11.81 23.7 884 36.35 62/35 1229 -
Delta Corp Ltd. 1 1603 23.1* 39 240 39.0 1.7 0.20 0.1 4.3 1609 87.0 26.5 1609H 158.8 40 43.3 119 40.77 25 12.01 55.2 2544 110.05 195/49 2578 40.7
Dilip Buildcon Ltd. 10 1603 136.8 81 4085 219.9 16.1 0.03 2.0 19.8 1609 916.3 7.0 1609H 1958.3 126 56.6 -26 75.63 9 15.66 22.0 3135 229.25 262/179 5237 -
DLF Ltd. 2 1603 356.8* 100 2451 974.6 5.5 2.00 0.5 5.5 1609 730.6 124.4 1609H 1406.7 -5 191.8 -27 74.95 0 18.22 386.2 19865 111.35 170/73 27237 19.1
Gammon India 2 1603 73.9 36 6147 14.6 0.3 - 3.8 1.0 1609 676.3 -71.9 1609H 1534.5 106 -162.5 13 12.82 93 67.41 41.9 441 11.92 22/10 5380 -
Gayatri Projects 10 1603 35.5 237 1812 58.6 16.5 2.00 2.2 7.0 1609 350.0 11.6 1609H 782.4 8 28.0 56 47.47 94 40.96 6.6 2378 670.70 790/482 4060 34.6
Godrej Properties Lt 5 1603 108.2* 97 340 30.4 1.4 - 1.3 1.4 1609 53.4 9.4 1609H 169.5 -4 55.2 1763 74.91 0 9.97 36.8 6549 302.70 386/266 8948 79.3
HDIL 10 1603 434.0* 254 1168 265.0 6.1 - 0.2 2.4 1609 218.5 36.8 1609H 479.1 -5 77.9 -33 34.25 0 47.81 194.4 2598 59.85 109/52 4411 11.5
Hind.ConstructionCo. 1 1603 77.9 24 4052 85.0 1.1 - 2.4 4.6 1609 911.1 23.1 1609H 1893.6 3 34.0 -27 36.06 71 24.92 217.3 3093 39.70 44/17 7533 -
Hubtown 10 1603 72.7 238 351 21.3 2.9 - 0.5 1.2 1609 134.5 2.2 1609H 264.8 39 2.5 -46 71.59 92 3.97 19.4 654 89.95 128/82 1476 34.2
IL&FS Engineering 10 1603 121.2* 3 1845 -188.5 -15.6 - 63.3 - 1609 356.9 -80.7 1609H 763.8 -8 -148.0 -4 37.50 0 10.90 35.7 516 42.55 69/37 2354 -
Indiabulls Real Esta 2 1603 101.3* 120 17 55.2 1.1 - 0.4 0.9 1609 8.1 3.5 1609H 13.6 51 7.8 -85 47.50 0 20.73 85.2 3613 71.30 105/42 5512 -
IRB Infrastructure D 10 1603 351.4 66 2768 324.9 9.2 4.00 1.1 13.9 1609 715.3 8.1 1609H 1603.5 45 34.4 -68 57.37 0 36.23 77.3 6897 196.25 269/178 8434 29.1
ITD Cementation Indi 1 1512 15.5 33 2744 -59.3 -3.8 - 0.9 - 1609 439.1 6.9 1609N 2196.7 25 35.1 139 51.63 0 27.70 19.7 2306 148.65 165/83 2627 -
J Kumar Infraproject 5 1603 37.8 170 1409 103.2 13.6 2.00 0.3 8.0 1609 309.7 23.0 1609H 713.0 3 52.7 7 43.93 32 32.72 22.6 1552 205.10 399/106 1701 14.8
JaiprakashAssociates 2 1603 486.5 61 8794 -3239.9 -13.3 - 1.6 - 1609 1322.5 -781.2 1609H 3050.3 -36 -1384.2 -34 39.34 20 23.12 607.7 1963 8.07 13/5 25414 -
Jaypee Infratech Ltd 10 1603 1388.9 43 2800 -242.9 -1.7 - 1.4 - 1609 186.7 -131.8 1609H 1285.4 51 -167.4 -13 71.63 93 11.38 132.5 1028 7.40 13/5 9220 -
JMC Projects 10 1603 33.6 197 2484 41.0 12.2 1.00 0.8 6.2 1609 530.9 12.1 1609H 1089.8 -8 23.3 47 67.18 0 9.59 9.6 747 222.30 288/175 1249 15.4
KNR Constructions 2 1603 28.1* 52 903 161.1 11.5 0.20 0.2 22.2 1609 373.5 43.9 1609H 676.7 74 74.1 5 58.08 0 31.40 8.6 2403 170.90 188/82 2500 14.6
Kolte-Patil Develope 10 1603 75.8 107 181 39.5 5.2 1.50 0.4 4.9 1609 65.7 9.2 1609H 108.7 27 14.4 -34 74.53 0 11.49 42.3 634 83.70 159/79 942 19.8
Mahindra Lifespace D 10 1603 41.0* 341 503 104.5 25.5 6.00 0.4 7.5 1609 95.0 12.7 1609H 183.9 -19 28.0 -45 50.79 0 26.57 62.9 1457 354.95 497/343 1878 17.9
Man Infraconstructio 2 1603 49.5 25 212 37.6 1.5 1.53 0.0 6.0 1609 27.2 16.1 1609H 63.3 -38 34.1 110 61.55 0 1.44 21.0 954 38.55 54/29 856 17.2
MarathonNextgenRea 10 1603 28.4 216 6 75.4 26.5 1.00 0.0 12.3 1609 0.0 19.1 1609H 0.0 -100 34.2 105 74.99 0 0.00 4.8 564 198.25 297/116 560 6.1
NBCC (India) 2 1603 120.0 25 5827 308.8 5.1 2.00 0.0 20.7 1609 1248.8 67.2 1609H 2512.9 10 112.6 2 90.00 0 3.73 58.7 14346 239.10 299/162 13212 46.1
NCC 2 1603 111.2 61 8325 222.8 4.0 0.60 0.5 6.5 1609 1947.9 51.2 1609H 3849.0 1 103.5 8 20.06 44 44.81 83.6 4472 80.45 96/56 6075 19.4
Nila Infrastructures 1 1603 39.3* 4 183 17.0 0.4 0.11 0.8 10.1 1609 52.6 5.5 1609H 99.3 40 9.5 41 62.04 0 0.02 17.3 510 12.98 19/10 643 -
Oberoi Realty 10 1603 339.4* 109 1180 475.5 14.0 2.00 0.0 12.8 1609 194.9 70.8 1609H 447.9 45 163.6 -8 72.53 0 24.73 16.9 10004 294.75 378/210 10025 21.6
Omaxe Ltd. 10 1603 182.9 93 1138 51.5 2.8 0.70 0.5 3.0 1609 228.4 17.7 1609H 539.4 11 47.8 96 74.99 48 16.10 65.2 2896 158.35 176/130 3341 38.7
Parsvnath Developers 5 1603 217.6 60 310 4.7 0.1 - 0.5 0.2 1609 48.9 -6.2 1609H 135.6 -22 -1.6 84 70.90 88 7.69 201.8 561 12.90 29/11 1901 -
Patel Engg. Ltd. 1 1611 15.7* 108 2615 -18.7 -1.2 - 2.4 - - - - - - -15 - - 50.62 0 4.81 56.3 1199 76.40 121/43 5266 -
Phoenix Mills 2 1603 30.6 149 356 150.9 9.9 2.20 0.3 6.6 1609 92.9 46.2 1609H 184.0 6 91.1 2 62.85 0 33.30 6.0 5599 365.80 445/238 6342 36.7
PNC Infratech 2 1603 51.3 53 2014 242.7 9.5 0.50 0.0 17.8 1609 359.9 35.2 1609H 874.9 -3 99.2 75 56.06 0 22.47 9.9 2631 102.55 135/90 2540 9.2
Poddar Housing & Dev 10 1603 6.3 352 129 15.8 24.9 1.50 0.0 7.1 1609 7.0 0.4 1609H 18.1 -36 1.7 -81 61.00 0 20.09 2.6 556 880.95 1456/850 554 68.0
Prestige Estates Pro 10 1603 375.0 112 2656 361.8 9.6 1.20 0.9 8.6 1609 489.6 71.1 1609H 1069.3 -26 207.9 -12 70.00 0 29.06 11.3 6420 171.20 224/130 9777 19.3
Prozone Intu Propert 2 1603 30.5 27 8 4.5 0.3 - 0.0 1.1 1609 1.8 0.6 1609H 3.6 -3 1.6 -24 32.83 0 8.37 26.7 525 34.40 52/24 541 -
Punj Lloyd 2 1603 66.4 47 3348 -1649.5 -49.7 - 3.5 - 1609 995.7 -225.8 1609H 1958.5 18 -437.2 50 36.13 62 9.07 342.6 623 18.75 32/17 5746 -
Puravankara 5 1603 118.6 81 983 77.5 3.3 0.78 0.9 4.0 1609 298.5 53.7 1609H 514.7 -8 57.8 -11 74.99 0 17.35 27.4 1033 43.55 66/37 2523 14.7
RPP Infra Projects L 10 1603 22.6 66 315 20.7 9.1 - 0.5 13.7 1609 85.7 6.0 1609H 170.5 -4 11.8 23 72.42 51 2.20 3.3 527 233.00 246/102 572 23.1
Sadbhav Engineering 1 1603 17.2 86 3186 133.7 7.8 0.70 0.7 9.1 1609 615.6 18.5 1609H 1422.6 -10 67.2 2 46.76 33 42.82 11.8 4682 272.90 348/198 5704 34.6
Shristi Infrastructu 10 1603 22.2 179 158 2.6 1.2 - 0.8 0.7 1609 22.8 0.4 1609H 44.0 4 0.8 -27 74.95 19 0.00 11.9 646 290.95 310/98 973 2 77.1
Simplex Infrastructu 2 1603 9.9 311 5812 66.3 13.4 0.50 2.1 4.3 1609 1263.5 17.8 1609H 2671.0 -8 35.0 11 56.00 0 25.65 9.4 1472 297.45 362/188 4686 21.1
SKIL Infrastructure 10 1603 216.6 134 0 -307.6 -14.2 - 0.6 - 1609 0.0 -59.6 1609H 0.0 -71 -81.4 4 64.08 92 5.20 5.0 465 21.45 35/17 2278 -
Sobha 10 1603 96.3 255 1803 136.9 14.2 2.00 0.8 5.6 1609 527.6 35.3 1609H 1111.3 25 72.0 -9 60.23 18 35.51 54.2 2372 246.35 346/224 4348 18.2
SRS Real Infrastruct 1 1603 40.2 6 758 -2.2 -0.1 - 0.5 - 1609 66.4 -5.1 1609H 149.5 -68 -10.3 -483 67.15 17 0.00 1.5 1015 25.25 28/8 1118 -
Sunteck Realty Ltd. 2 1603 12.6 112 163 140.1 22.2 2.00 0.3 19.9 1609 39.9 45.8 1609H 108.5 366 117.6 690 73.52 0 5.25 3.6 1361 216.15 300/173 1598 5.6
Texmaco Infrastructu 1 1603 12.7 23 14 13.8 1.1 0.20 0.0 4.7 1609 4.8 4.8 1609H 8.1 3 7.3 -24 60.83 1 7.88 24.5 536 42.05 48/28 533 -
Unitech Ltd. 2 1603 523.3 37 1077 -275.6 -1.1 - 0.3 - 1609 223.3 5.9 1609H 490.3 -28 -9.2 34 24.37 80 12.77 663.2 1054 4.03 9/3 3898 -
Vascon Engineers Ltd 10 1603 161.3 37 318 6.6 0.4 - 0.4 1.1 1609 52.9 0.9 1609H 109.2 -35 2.4 131 46.77 0 2.94 14.4 459 28.45 42/21 641 27.1
Vipul Ltd. 1 1603 12.0 34 179 1.2 0.1 - 0.5 0.3 1609 80.3 1.7 1609H 120.7 13 1.8 619 63.38 51 0.00 3.5 680 56.65 100/40 865 -
Welspun Enterprises 10 1603 174.3* 87 185 32.8 1.9 - 0.0 2.2 1609 35.0 2.9 1609H 66.2 32 8.8 105 40.56 0 15.65 56.7 1052 60.35 75/43 1084 28.2
25 CONSUMER DURABLES
IND. COMPOSITE 776 44838 1573 42
Bajaj Electrical 2 1603 20.2* 73 4612 95.6 9.4 2.80 0.3 12.7 1609 996.6 16.7 1609H 1948.3 -9 39.5 25 63.52 0 15.56 31.8 2199 217.20 280/155 2340 21.2
Blue Star 2 1603 19.1* 71 3532 122.8 12.9 6.50 0.4 18.2 1609 825.5 17.0 1609H 1990.7 22 70.0 110 39.12 0 29.35 24.4 4547 476.25 581/306 4790 31.0
Eveready Industr 5 1603 36.3 91 1323 50.6 7.0 2.00 0.2 7.7 1609 366.6 25.6 1609H 738.3 3 48.0 62 44.01 26 33.40 49.9 1582 217.60 318/190 1718 22.9
Hawkins Cookers 10 1603 5.3 115 544 40.3 76.3 60.00 0.5 66.0 1609 155.8 12.0 1609H 259.6 6 21.9 4 56.03 0 12.34 12.6 1340 2533.85 3610/2352 1320 32.5
IFB Industries 10 1603 41.3* 101 1501 31.4 7.6 - 0.0 7.5 1609 439.4 17.8 1609H 857.0 19 32.7 65 74.96 0 10.45 16.9 1888 457.35 550/281 1856 42.7
Johnson Controls-Hit 10 1603 27.2 132 1660 50.0 18.4 1.50 0.4 14.0 1609 289.4 -5.4 1609H 1143.1 19 63.7 78 74.25 0 14.41 15.3 3760 1383.00 1675/932 3889 48.3
Lloyd Electric 10 1603 40.3* 192 2383 56.1 13.9 1.30 1.1 7.3 1609 512.2 12.2 1609H 1406.4 25 56.1 26 56.21 0 6.99 26.4 1021 253.10 340/176 1771 15.1
Symphony 2 1603 14.0* 44 415 123.0 23.4 25.00 0.0 39.9 1609 150.4 39.3 1609H 303.0 127 70.4 216 74.99 0 12.19 15.6 8061 1152.25XB 1465/978 8024 49.0
Timex Group India 1 1603 10.1 -6 173 -9.3 -0.9 - -1.2 - 1609 49.0 1.2 1609H 93.2 18 -1.8 78 74.93 0 0.01 65.2 505 50.05 69/26 536 -
Titan Company 1 1603 88.8 40 11265 705.9 8.0 2.20 0.0 20.1 1609 2652.4 180.8 1609H 5451.2 1 307.4 3 53.05 0 26.30 108.4 28920 325.75 445/296 28921 40.0
TTK Prestige L 10 1603 11.6 619 1525 114.8 98.6 27.00 0.0 15.9 1609 463.2 35.4 1609H 809.3 8 59.6 6 70.37 0 20.66 11.2 6668 5728.20 6550/4010 6637 55.9
Videocon Industries 10 1512 334.5 308 12418 -55.8 -1.7 - 2.2 - 1609 2677.2 -381.9 1609N 8256.5 -11 -858.2 -3098 66.00 99 11.53 300.8 3475 103.90 128/95 23706 -
Whirlpool of Ind 10 1603 126.9 91 3488 247.4 19.5 - 0.0 21.3 1609 843.4 58.7 1609H 2116.1 17 180.7 33 74.99 0 14.50 38.2 11386 897.45 1192/561 10530 38.9
27 COURIERS
Blue Dart Expres 10 1603 23.7 169 2554 189.9 80.0 30.00 0.8 47.3 1609 663.2 42.8 1609H 1284.6 1 86.9 -13 74.99 0 13.30 16.2 10246 4318.05 6850/4162 10291 57.7
Gati Ltd. 2 1603 17.6* 70 485 19.8 2.3 1.00 0.4 3.2 1609 131.2 14.4 1609H 258.8 9 19.3 48 39.46 81 13.52 99.8 996 113.15 189/95 1223 38.1
28 CYCLES & ACCESSORIES
*Tube Investments 2 1603 37.5* 103 3941 729.9 38.9 5.00 0.3 37.6 1609 981.8 53.8 1609H 2054.1 4 96.2 124 48.79 0 26.48 21.2 10925 582.85 685/352 10831 13.9

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
29 DIAMOND CUTTING/PRECIO US META LS/JEWELLERY
IND. COMPOSITE 427 56497 920 23
Gitanjali Gems 10 1603 118.6 250 8604 48.8 4.1 0.50 1.6 1.6 1609 2289.0 22.4 1609H 4547.1 1 50.1 69 30.27 81 6.56 68.8 669 56.40 94/30 5410 11.4
PC Jeweller L 10 1603 179.1 130 7259 400.9 22.4 3.35 0.4 17.2 1609 2174.3 106.9 1609H 3838.7 21 213.5 22 70.54 71 21.44 16.3 7080 395.30 531/289 7734 16.1
Rajesh Exports L 1 1603 29.5 111 38619 475.3 16.1 1.00 1.4 14.5 1609 11642.4 116.7 1609H 22822.8 19 228.2 -12 53.93 0 19.65 34.2 13648 462.25 746/423 6458 30.7
Tribhovandas Bhimji 10 1603 66.7 66 1655 -23.1 -3.5 - 1.5 - 1609 447.0 4.3 1609H 773.1 -9 6.8 172 74.11 0 3.37 17.0 394 59.00 95/47 1001 -
Vaibhav Global Ltd. 10 1603 32.5* 146 361 18.2 5.6 - 0.2 3.8 1609 127.0 3.6 1609H 233.6 39 7.5 -37 68.40 0 19.14 4.8 908 279.00 514/236 992 66.4
30 DIVERSIFIED
IND. COMPOSITE 4362 342033 35681 16
3M India Ltd. 10 1603 11.3 895 2103 200.9 178.4 - 0.0 19.9 1609 565.6 48.2 1609H 1162.8 13 107.9 26 74.99 0 11.92 14.4 12567 11155.30 15200/9405 12201 56.4
*Andhra Sugars Lt 10 1503 27.1* 205 779 3.4 1.2 3.00 0.5 0.6 1609 266.4 27.7 - - 7 - - 46.46 0 0.92 14.7 570 210.20 275/102 833 -
Andrew Yule & Co 2 1603 97.8* 3 360 8.4 0.2 - 0.6 3.6 1609 126.8 27.1 1609H 191.3 10 24.7 326 84.80 0 6.78 28.2 1090 22.30 33/18 1068 -
Balmer Lawrie & 10 1603 114.0* 87 2712 163.2 14.3 20.00 0.0 16.4 1609 398.9 27.6 1609H 860.6 -38 64.6 2 0.00 0 13.54 26.3 2678 234.90XB 287/123 2247 16.3
*Century Textiles 10 1603 111.7 198 7988 -54.5 -4.9 5.50 2.1 - 1609 2033.9 41.1 1609H 4326.1 9 42.0 156 47.75 0 24.23 60.2 8908 797.55 1037/404 13522 -
DCM Shriram 2 1603 32.5 132 5735 350.3 21.6 3.20 0.5 16.3 1609 1342.7 100.3 1609H 2769.4 -13 279.2 30 63.87 0 12.10 42.3 3460 213.05 286/107 4412 8.3
*Grasim Inds. 2 1603 93.4* 265 8980 953.3 20.4 4.50 0.1 7.7 1609 2517.1 592.3 1609H 4943.6 21 913.2 77 31.27 1 41.34 138.4 40212 861.45 1070/648 41791 29.1
Kesoram Industri 10 1603 117.3 34 4100 137.1 11.7 - 11.9 34.7 1609 901.1 9.7 1609H 1876.9 -16 19.2 106 52.62 15 8.00 81.7 1461 124.55 202/72 5721 3.1
Kokuyo Camlin 1 1603 10.0 22 614 5.3 0.5 - 0.4 2.4 1609 129.6 -3.7 1609H 318.5 1 0.7 -85 74.98 0 0.04 18.6 808 80.60 103/65 836 -
L&T 2 1603 186.5* 436 59780 5311.5 56.9 18.25 0.3 13.0 1609 14705.5 2718.7 1609H 26855.5 5 3265.5 81 0.00 0 56.79 956.2 125855 1349.40 1615/1017 1 36396 1 8.8
Mercator Ltd. 1 1603 24.5 29 588 16.9 0.7 0.10 1.1 2.4 1609 133.3 -27.1 1609H 259.9 -14 -21.9 -250 40.54 37 15.16 77.2 995 40.65 55/16 1767 -
Nava Bharat Ventures 2 1603 35.7* 146 989 111.2 6.2 3.00 0.1 4.3 1609 222.8 5.9 1609H 437.8 -1 32.6 1 44.31 0 22.04 18.6 1977 110.70XB 152/64 2315 17.7
*Nesco Ltd. 10 1603 14.1 467 257 132.9 94.3 8.50 0.0 20.2 1609 74.3 47.6 1609H 128.6 11 82.7 38 68.16 0 8.47 12.0 2684 1904.30 2090/1400 2677 17.2
Orient Paper 1 1603 21.2* 22 1820 21.0 1.0 0.25 1.0 4.5 1609 405.6 2.8 1609H 805.9 1 -0.7 98 38.23 0 17.84 22.6 1455 68.55 92/31 1808 27.7
Prakash Indus. 10 1603 135.6* 156 2055 20.6 1.5 - 0.3 0.9 1609 501.4 14.5 1609H 1077.2 -6 28.6 1632 46.10 36 3.96 50.6 613 45.20 63/23 1245 12.9
Reliance Inds. 10 1603 3243.6* 740 2 33158 2 7417.0 84.5 10.50 0.4 11.4 1609 59577.0 7704.0 1609H 113073.0 -11 15252.0 18 45.11 0 33.09 2571.7 350341 1080.10 1129/889 4 35805 11.8
Sintex Industrie 1 1603 52.3* 101 4828 549.6 10.5 0.70 0.9 10.4 1609 1490.2 153.4 1609H 2397.8 14 216.2 17 32.47 40 31.30 222.3 3926 75.00 99/64 7943 6.8
Voltas Ltd. 1 1603 33.1 63 5187 332.9 10.1 2.60 0.1 16.0 1609 836.1 125.9 1609H 2485.8 0 230.9 21 30.31 0 49.37 99.8 10861 328.25 406/211 10848 27.8
31 DYES & PIGMENTS
AksharChem (India) 10 1603 7.3 116 188 16.6 22.8 3.50 0.3 19.6 1609 75.8 18.0 1609H 135.1 51 27.4 264 70.33 0 0.06 9.2 489 668.55 792/131 517 13.4
Atul Ltd. 10 1603 29.7 422 2459 268.1 90.4 10.00 0.2 21.4 1609 698.8 82.3 1609H 1334.4 8 162.9 13 44.46 9 26.27 29.6 6132 2067.20 2489/1275 6395 21.4
Bhageria Industries 5 1603 8.0* 49 238 15.3 9.6 2.50 0.1 19.8 1609 85.4 17.6 1609H 179.2 41 26.7 205 49.47 0 0.00 6.4 549 344.75 453/48 552 16.5
Bodal Chemicals 2 1603 21.8 22 910 86.6 7.9 0.60 0.6 36.1 1609 331.0 34.0 1609H 601.5 20 66.3 52 65.54 0 5.29 27.7 1302 119.35 155/45 1441 11.9
Clariant Chemicals ( 10 1603 23.1 274 1182 52.9 18.3 1 50.00 0.0 8.4 1609 235.4 3.5 1609H 495.4 111 17.5 291 64.23 0 6.07 37.6 1617 700.40 838/587 1588 47.8
Kiri Industries 10 1603 27.8 57 888 9.1 3.3 - 1.8 5.7 1609 243.3 25.4 1609H 496.8 17 50.6 687 37.67 17 21.96 15.0 798 286.50 405/72 1066 11.7
Sudarshan Chem. 2 1603 13.8 47 1207 71.6 10.3 3.00 1.0 21.9 1609 339.4 26.6 1609H 676.2 10 58.2 59 52.89 0 7.07 18.3 2154 311.20 455/78 2446 23.1
Ultramarine Pig. 2 1603 5.8 39 220 27.4 9.4 3.50 0.0 23.9 1609 63.7 8.9 1609H 120.0 13 16.1 30 52.53 0 0.25 7.8 478 163.80 212/89 466 15.4
32 EDIBLE OILS & SOLVE NT E XTRACTION
IND. COMPOSITE 134 31520 -729 17
Agro Tech Foods Ltd. 10 1603 24.4 138 782 23.4 9.6 - 0.3 6.9 1609 201.2 7.3 1609H 392.4 3 13.4 38 51.77 0 15.08 14.6 1125 461.70 563/422 1219 41.6
AVT Natural Prod 1 1603 15.2 14 267 23.3 1.5 0.40 0.0 11.1 1609 67.9 6.5 1609H 151.8 8 13.0 9 74.35 0 0.05 15.1 462 30.35 43/26 455 19.0
Guj. Amb.Exports 2 1603 27.7 66 2736 103.6 7.5 0.80 0.4 11.3 1609 630.0 29.8 1609H 1400.4 7 79.5 95 71.96 0 0.44 51.9 1230 88.90 103/36 1543 8.7
Ruchi Soya Inds. 2 1603 66.8 36 27735 -878.7 -26.3 - 3.8 - 1609 5128.0 26.7 1609H 10129.5 -12 27.8 221 56.83 52 4.79 31.4 635 19.00 33/18 5002 -
33 ELECTRIC EQUIPMENT
IND. COMPOSITE 816 34278 1711 33
ABB India 2 1512 42.4 142 8140 299.9 14.2 3.70 0.2 10.0 1609 2055.0 81.1 1609N 6156.8 8 229.5 35 74.99 0 16.86 63.8 22019 1039.10 1433/950 22046 61.4
Bharat Electroni 10 1603 223.4 390 7295 1357.7 60.8 17.00 0.0 15.6 1609 1794.6 346.3 1609H 2722.4 2 382.3 35 74.41 0 19.84 55.4 30697 1374.30 1540/1009 23371 20.8
Centum Electronics L 10 1603 12.7* 126 332 32.4 25.4 3.00 0.4 20.1 1609 105.7 10.0 1609H 192.5 32 12.4 -36 59.60 0 12.78 10.1 759 595.80 762/435 779 29.7
Crompton Greaves 2 1603 125.3 66 4291 -1092.0 -17.4 - 0.1 - 1609 1208.1 89.9 1609H 2350.6 18 128.2 -27 34.37 59 52.45 139.3 3717 59.30 204/41 3732 -
Crompton Greaves Con 2 1603 125.3 4 1812 105.2 1.7 - 2.3 46.0 1609 890.0 55.0 1609H 2010.8 - 146.9 5750 34.37 0 45.73 120.3 9116 145.45 191/126 9543 35.8
Genus Power Infrastr 1 1603 25.7 26 858 78.5 3.1 0.25 0.3 11.9 1609 128.9 13.3 1609H 314.1 -29 31.2 -32 50.53 0 6.35 18.6 995 38.70 63/33 1149 16.0
Havells India 1 1603 62.5* 42 5437 715.4 11.4 6.00 0.0 27.1 1609 1452.2 145.8 1609H 2919.1 13 291.4 29 61.60 0 29.58 71.6 21429 342.80 460/259 20085 27.5
HBL Power Systems Lt 1 1603 25.3 24 1288 19.4 0.8 0.25 0.9 3.2 1609 376.9 9.3 1609H 708.5 15 14.8 21 74.16 0 8.50 27.8 917 36.25 48/29 1425 -
HPL Electric & Power 10 1603 64.3* 58 1115 37.0 5.8 0.10 1.5 9.9 1609 198.3 2.0 1609H 428.4 -22 3.5 -79 - 0 0.00 - 630 97.95 198/74 1126 -
Igarashi Motors Indi 10 1603 30.6 96 445 63.6 20.8 5.50 0.1 21.6 1609 129.7 19.2 1609H 255.1 20 38.2 26 75.00 0 11.64 13.3 2158 704.95 840/372 2054 30.2
Schneider Electric 2 1603 47.8 3 1403 -18.2 -0.8 - 5.2 - 1609 267.0 -6.2 1609H 544.7 -12 -19.9 -25 74.99 0 7.46 50.6 3235 135.30 185/127 3409 -
V-Guard Ind.Ltd. 1 1603 30.2* 16 1862 111.7 3.7 0.70 0.0 23.7 1609 495.1 39.2 1609H 1067.8 14 82.0 70 65.49 0 24.41 30.9 4906 162.35 226/79 4906 33.7
34 ELECTRIC EQUIPMENT - G E NSETS/ T URBINES
Honda Siel Power 10 1603 10.1 361 673 48.8 48.1 6.00 0.0 13.3 1609 183.2 17.9 1609H 340.7 13 32.5 67 67.66 0 4.62 12.9 1522 1500.75 1750/1076 1367 24.6
TD Power Systems Ltd 10 1603 33.2 149 455 15.0 4.5 3.05 0.1 3.0 1609 98.1 2.4 1609H 177.9 -25 1.2 -87 54.05 0 30.48 6.5 566 170.15 326/164 401 80.8
Triveni Turbine 1 1603 33.0 9 708 103.8 3.1 1.10 0.0 35.1 1609 200.8 32.0 1609H 355.7 18 53.9 28 67.73 3 26.34 32.2 3910 118.50 135/88 3884 33.8
35 ELECTRIC EQUIPMENT - T R ANSFOR M ERS
Apar Industries 10 1603 38.5 199 5010 157.0 40.8 6.50 0.4 20.5 1609 1264.3 45.7 1609H 2346.2 -6 91.3 76 58.20 0 20.24 23.6 2213 574.75 634/406 2447 11.3
Bharat Bijlee 10 1603 5.7 482 640 7.2 12.7 - 0.6 2.6 1609 143.6 8.4 1609H 273.9 3 5.1 222 34.61 0 17.75 19.9 429 758.40 1110/657 589 26.1
Ujaas Energy 1 1603 20.0 10 277 20.9 1.0 0.07 0.5 10.9 1609 121.2 9.7 1609H 214.9 233 17.0 260 70.69 0 1.70 21.2 890 44.50 52/19 915 26.9
36 ELECTRODES - GRAPHI T E
Graphite India Ltd. 2 1603 39.1 91 1347 82.4 4.2 2.00 0.1 4.6 1609 319.6 15.9 1609H 594.8 -7 26.9 -39 65.21 0 19.92 101.1 1425 72.95 89/64 1599 21.8
HEG Ltd. 10 1603 40.0 231 828 -15.2 -3.8 - 0.7 - 1609 190.1 -13.5 1609H 353.2 -28 -42.4 -1132 58.79 0 11.33 30.2 599 150.00 203/116 1225 -
37 ENGINEERING
IND. COMPOSITE 820 46117 5710 21
A2Z Infra Engineer 10 1603 130.1* 62 961 -44.7 -3.4 - 1.0 - 1609 149.4 -16.6 1609H 352.1 3 -35.4 21 46.47 95 12.16 26.4 543 41.70 52/17 1367 -
Ador Welding Ltd. 10 1603 13.6 161 407 22.6 16.7 5.00 0.0 10.4 1609 101.6 5.2 1609H 178.8 4 6.6 -26 56.68 0 16.51 13.6 391 287.70 339/232 377 19.3

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Astra Microwave 2 1603 17.3 46 420 56.4 6.5 1.20 0.1 14.2 1609 90.8 16.0 1609H 147.6 -28 13.5 -41 16.10 0 34.85 43.5 948 109.45 147/101 919 20.2
BGR Energy Systems 10 1603 72.2 191 3188 33.0 4.6 - 1.6 2.4 1609 824.8 10.7 1609H 1661.1 -4 19.4 -2 75.00 0 4.05 97.4 814 112.80 139/89 2582 21.0
*Carborundum Uni. 1 1603 18.9* 50 1299 116.3 6.2 1.50 0.1 12.3 1609 355.3 26.0 1609H 690.0 12 52.5 -19 43.77 0 27.13 22.4 4664 247.30 307/159 4713 44.7
Cummins India Lt 2 1603 55.4 114 4724 751.9 27.1 14.00 0.0 23.7 1609 1279.0 196.9 1609H 2538.0 1 378.1 -8 51.00 0 35.76 58.2 22640 816.75 1051/747 22551 31.3
Dynamatic Techno 10 1603 6.3 433 431 1.3 2.0 - 1.1 0.5 1609 123.0 6.6 1609H 241.0 16 12.2 196 51.12 29 26.89 9.3 1826 2879.90 3650/1482 2121 69.5
Esab India 10 1603 15.4 205 451 28.3 18.4 1.00 0.0 9.0 1609 121.3 10.0 1609H 237.6 6 18.6 33 73.72 0 4.42 9.5 888 577.00 674/435 837 27.0
Greaves Cotton 2 1603 48.8 35 1616 198.8 8.1 5.50 0.0 23.2 1609 439.3 51.3 1609H 840.1 4 89.8 -8 51.00 0 35.06 44.8 2982 122.10 150/114 2961 15.6
Grindwell Norton 5 1603 55.4* 61 1158 101.5 9.2 6.50 0.0 15.1 1609 304.7 28.5 1609H 607.8 7 56.7 12 58.89 0 17.43 15.7 3584 323.70XB 386/288 3466 33.3
Hercules Hoists 1 1603 3.2 59 91 13.3 4.2 1.50 0.0 7.1 1609 23.9 4.5 1609H 44.3 -8 7.1 -39 69.47 0 6.58 8.2 444 138.65 197/127 445 50.2
Honeywell Automation 10 1603 8.8 1142 2188 138.5 156.7 10.00 0.0 13.7 1609 579.8 45.4 1609H 1144.1 12 83.6 6 74.99 0 15.54 10.5 7945 8985.80 10167/7751 7572 55.3
Ion Exchange (India) 10 1603 14.7 171 800 34.5 23.5 3.00 0.2 13.8 1609 201.7 6.9 1609H 392.0 9 13.6 30 44.36 0 1.17 13.6 427 291.40 394/249 465 11.4
Kennametal India 10 U1606 22.0 174 570 20.7 9.4 4.00 0.0 5.4 1609 151.3 4.7 1609Q 151.3 19 4.7 35 75.00 0 15.20 5.8 1250 568.75 775/555 1155 56.9
Kirloskar Bros. 2 1603 15.9 101 1656 11.8 1.5 0.50 0.3 1.5 1609 392.1 14.2 1609H 768.3 3 10.9 115 65.43 0 10.41 18.7 1311 165.15 198/113 1545 74.2
Kirloskar Industries 10 1603 9.7 753 5 60.3 62.1 20.00 0.0 8.2 1609 0.7 13.0 1609H 2.1 -17 18.9 -44 72.63 0 14.28 20.9 800 824.00 1031/550 756 17.5
Kirloskar Oil Engine 2 1603 28.9 100 2455 140.5 9.7 5.00 0.0 9.8 1609 663.3 42.6 1609H 1327.9 13 101.3 42 59.33 0 21.53 36.1 4682 323.75 370/199 4642 27.5
KSB Pumps Ltd. 10 1512 34.8 159 819 69.8 20.1 5.50 0.0 12.6 1609 161.6 7.4 1609N 575.8 0 38.8 -15 66.40 0 18.09 11.7 2189 628.95 768/499 1965 34.7
L&T Technology Serv 2 1603 20.3 9 2894 434.2 42.7 1.51 2.4 501.5 1609 788.7 118.7 1609H 1554.1 11 238.1 24 89.77 0 5.05 117.4 8003 786.95 931/735 8031 -
Nitin Fire Protectio 2 1603 58.5 6 460 5.4 0.2 - 2.0 3.3 1609 299.3 8.5 1609H 378.6 29 2.6 -65 72.51 39 11.20 31.1 697 23.85 47/23 1013 -
Pennar Engineered Bu 10 1603 34.3 62 447 30.2 8.8 - 0.3 14.2 1609 120.2 6.0 1609H 214.1 11 10.4 27 62.57 29 23.59 3.8 514 150.00 204/127 502 15.9
Siemens Ltd. 2 U1609 71.2 225 10809 2888.0 81.1 33.50 0.0 36.0 1609 3090.6 2467.0 - - 7 - - 74.99 0 14.15 116.9 39629 1112.80 1355/969 37533 13.7
Skipper Ltd. 1 1603 10.2 37 1506 95.1 9.3 1.40 1.2 24.9 1609 402.7 22.6 1609H 688.6 14 36.4 -10 72.36 0 4.59 9.8 1418 138.55 220/122 1808 15.5
Sterling Tools L 10 1603 6.8 195 369 28.4 41.5 15.00 0.4 21.3 1609 96.2 9.1 1609H 191.5 6 18.4 29 70.14 0 0.40 4.5 637 931.35 1044/400 681 19.6
Swaraj Engines 10 1603 12.4 172 526 51.2 41.2 33.00 0.0 23.9 1609 178.9 19.3 1609H 350.6 14 38.3 23 50.61 0 15.49 12.4 1620 1304.55 1431/762 1446 27.8
*Thermax 2 1603 23.8 209 4352 305.5 25.6 6.00 0.0 12.3 1609 870.8 59.7 1609H 1685.3 -20 104.9 -11 61.98 0 26.10 29.2 8885 745.70 945/691 8798 31.3
Va Tech Wabag Ltd. 2 1603 10.9* 143 1513 117.4 21.5 4.00 0.3 15.0 1609 453.6 28.4 1609H 713.8 22 45.9 13 28.77 0 51.94 49.4 2559 468.95 698/409 2674 20.8
38 ENGINEERING - HEAVY
IND. COMPOSITE 1948 50753 427 24
Action Construction 2 1603 23.5* 24 637 8.8 0.8 0.16 0.5 2.9 1609 179.5 4.4 1609H 333.4 15 7.4 168 68.09 0 4.70 26.7 529 45.05 60/32 624 39.2
BEML Ltd. 10 1603 41.6 506 2984 52.7 12.6 4.00 0.2 2.5 1609 453.5 -16.6 1609H 799.2 -34 -123.7 -18 54.02 0 28.30 62.0 4167 1000.70 1324/770 4610 1 22.6
*Bharat Heavy Ele 2 1603 489.5 135 25630 -913.4 -3.7 0.40 0.0 - 1609 6664.4 109.0 1609H 12286.9 19 186.8 243 63.05 0 32.18 397.9 29628 121.05 175/90 19668 -
Disa India Ltd. 10 1603 1.5 743 143 10.6 72.9 2.50 0.0 9.8 1609 28.7 1.5 1609H 59.1 -19 3.2 -36 74.82 0 13.16 2.7 619 4255.00 5450/3555 552 70.2
Elecon Engg. 2 1603 22.4* 48 519 43.2 3.8 1.10 0.5 8.0 1609 185.9 -3.0 1609H 360.7 73 -0.5 -105 58.58 20 8.53 47.7 640 57.00 86/43 921 16.2
GMM Pfaudler Ltd 2 1603 2.9 97 230 18.4 12.6 3.00 0.0 13.0 1609 63.1 6.3 1609H 120.2 10 11.4 52 75.00 0 1.46 6.4 772 528.15 583/216 747 34.7
Inox Wind Ltd. 10 1603 221.9 86 3880 481.3 21.7 - 0.8 25.1 1609 722.3 52.9 1609H 1099.1 -28 71.0 -60 85.61 0 5.86 49.4 4039 182.00 369/161 5021 10.8
ISGEC Heavy Eng 10 1603 7.4 1259 3879 174.0 236.6 20.00 0.3 18.8 1609 763.3 44.0 1609H 1432.1 -18 86.5 12 62.26 0 4.43 9.6 3293 4478.65 5499/3551 3300 18.0
Lakshmi Machines 10 1603 11.3 1266 2528 219.9 195.2 40.00 0.0 15.4 1609 580.7 37.9 1609H 1138.3 -4 71.1 -29 28.34 0 26.63 25.4 4460 3958.70 4699/3050 3430 23.4
Praj Industries 2 1603 35.8* 36 824 66.7 3.7 1.62 0.0 10.2 1609 153.6 9.6 1609H 319.1 -0 17.9 41 33.80 0 27.03 99.9 1440 80.55 105/70 1381 20.0
Sanghvi Movers L 2 1603 8.7 173 532 116.9 27.0 3.00 0.6 15.6 1609 111.1 12.5 1609H 249.7 7 37.8 -26 46.88 0 23.74 12.5 866 200.00 375/196 1332 8.3
Stovec Indus. 10 1512 2.1 339 157 20.5 98.4 29.00 0.0 29.0 1609 46.0 7.0 1609N 133.4 22 17.6 14 71.06 0 0.09 7.4 431 2062.05 2580/1840 404 19.0
Suzlon Energy Ltd. 2 1603 1004.9* 1 5939 46.8 0.1 - 9.0 7.6 1609 1949.6 267.6 1609H 3092.6 38 -94.6 -190 20.95 96 22.56 981.2 6944 13.82 23/12 12422 -
Techno Electric & En 2 1603 22.8* 68 1033 124.7 10.9 5.00 0.2 16.0 1609 309.6 44.9 1609H 547.9 38 71.5 40 57.97 0 25.85 5.8 3440 301.30XB 360/209 3523 23.7
Texmaco Rail & Engin 1 1603 21.0* 43 728 21.6 1.0 0.25 0.1 2.4 1609 236.6 17.1 1609H 421.3 72 29.2 1775 54.73 1 30.85 34.4 2303 109.50 155/90 2384 43.8
Titagarh Wagons Ltd. 2 1603 23.1* 66 310 6.3 0.5 0.80 0.0 0.8 1609 98.8 5.2 1609H 169.2 21 9.0 227 46.10 0 25.13 56.4 1421 123.10 166/84 1285 113.2
Walchandnagar 2 1603 7.6 30 802 -71.7 -12.6 - 3.5 - 1609 98.8 -14.1 1609H 175.4 50 -22.2 -4 55.00 43 5.03 71.1 550 144.55 190/116 915 -
39 ENTERTAINMENT/MULTIMEDIA
IND. COMPOSITE 1975 20249 2440 35
52 Weeks Ent. 10 1603 34.9 5 0 1.0 0.3 - 0.7 5.8 1609 0.0 0.4 1609H 0.0 - 0.7 54 9.43 75 0.99 1.0 813 233.00 315/122 824 -
AdlabsEntertainment 10 1603 79.9 77 252 -90.7 -11.4 - 1.6 - 1609 36.9 -44.0 1609H 122.9 1 -63.2 -28 57.00 59 13.39 15.2 570 71.30 145/68 1554 -
Balaji Telefilms Ltd 2 1603 15.2 81 257 43.7 5.8 1.20 0.0 7.1 1609 61.6 4.4 1609H 115.2 -6 10.2 -31 42.22 0 36.25 18.8 642 84.55 145/74 638 16.4
Den Networks Ltd. 10 1603 194.0* 75 1060 -204.9 -10.6 - 0.2 - 1609 231.6 -65.3 1609H 470.3 7 -122.7 -13 40.04 8 45.09 10.6 1304 67.20 115/61 1196 -
Dish TV India Ltd. 1 1603 106.6* 1 2228 419.9 3.9 - 0.0 382.5 1609 512.0 51.2 1609H 1026.7 -7 108.8 -46 64.43 58 26.27 151.9 9028 84.70 110/65 8783 27.7
Entertainment Networ 10 1603 47.7 161 509 100.0 21.0 1.00 0.3 13.0 1609 129.6 7.9 1609H 240.4 10 24.4 -54 71.15 0 19.23 12.2 3871 812.00 908/622 4101 54.1
Eros International M 10 1603 93.7* 127 1179 113.2 12.1 - 0.3 9.5 1609 439.7 47.6 1609H 758.9 9 70.5 5 73.54 0 10.51 45.0 1539 164.25 248/126 1846 13.2
Hathway Cable & Data 2 1603 166.1 12 1179 -171.3 -2.1 - 1.2 - 1609 321.1 -40.4 1609H 623.1 16 -93.6 -1 43.47 0 39.91 15.0 2853 34.35 46/24 4005 -
Inox Leisure 10 1603 96.5 61 1333 77.6 8.0 - 0.4 13.1 1609 297.4 1.6 1609H 634.3 1 26.6 -37 48.69 0 30.59 34.5 2228 230.95 293/170 2443 38.8
Media Matrix Worldwi 1 1603 113.3 1 3 0.4 0.0 - 0.0 0.2 1609 0.9 0.2 1609H 1.8 12 0.6 19 60.71 11 0.00 3.3 996 8.79 13/7 996 -
Millitoons Entertain 1 1603 8.2* 1 1 0.0 0.0 0.00 0.1 0.1 1609 1.0 0.2 1609H 1.3 132 0.2 445 74.81 0 10.69 0.9 799 97.95 112/13 800 -
NDTV 4 1603 25.8 49 429 -21.6 -3.4 - 0.3 - 1609 91.7 -15.7 1609H 180.5 -4 -41.1 -89 61.44 0 18.78 47.1 449 69.65 124/63 540 -
Prime Focus 1 1603 29.9 34 119 8.4 0.4 - 0.6 0.8 1609 42.0 5.9 1609H 81.5 129 7.6 158 35.00 62 10.11 9.7 1989 66.55 81/40 2568 -
PVR Ltd. 10 1603 46.7* 183 1740 114.1 24.4 2.00 0.7 13.4 1609 512.7 26.0 1609H 1049.0 15 70.7 -26 25.24 0 61.31 31.4 5388 1152.80 1334/646 5944 60.1
Shemaroo Entertainme 10 1603 27.2 137 375 55.4 20.4 1.40 0.5 14.9 1609 112.5 16.9 1609H 207.6 21 33.5 41 65.82 0 15.54 7.7 1062 390.70 422/222 1238 16.3
SITI Networks 1 1603 79.4 7 877 -23.2 -0.3 - 1.4 - 1609 179.9 -45.9 1609H 364.0 21 -94.1 -38 70.98 56 19.54 103.8 3026 38.10 42/31 3519 -
Sri Adhikari Bro 10 1603 34.9 28 108 0.2 0.1 0.60 0.5 0.2 1609 31.7 1.3 1609H 59.2 10 2.8 -32 45.76 83 0.58 7.3 999 285.90 414/239 1047 119.3
Sun TV Network Ltd. 5 1603 197.0 89 2404 867.3 22.0 15.50 0.0 24.7 1609 625.5 270.4 1609H 1386.3 10 503.4 20 74.99 5 18.89 29.6 19413 492.60 567/312 18625 20.3
TV Today Network Ltd 5 1603 29.8 89 546 94.3 15.8 1.75 0.0 17.7 1609 132.3 22.6 1609H 267.2 5 45.0 6 57.41 0 12.52 24.9 1562 261.85 360/250 1401 16.1
TV Vision 10 1603 34.9 33 86 4.5 1.3 - 0.2 4.0 1609 43.4 2.6 1609H 83.5 145 4.9 96 45.76 80 0.58 7.5 1065 304.70 328/226 1081 -
TV18 Broadcast 2 1603 342.9 21 626 122.9 0.7 - 0.1 3.4 1609 159.8 19.0 1609H 291.6 12 18.5 -7 60.40 0 17.56 82.9 6249 36.45 50/33 6458 -
UFO Moviez India Ltd 10 U1603 27.6 163 350 51.0 18.5 8.00 0.1 11.4 1609 108.0 28.3 1609H 196.5 19 36.4 26 28.86 0 45.02 24.9 1135 411.20 625/380 1155 19.4
Zee Entertainment En 1 1603 96.0 31 4207 859.3 8.9 2.25 0.7 28.4 1609 1275.1 327.7 1609H 2453.6 23 498.1 86 43.07 35 51.56 86.9 43427 452.15 589/350 43042 45.3
Zee Media Corp 1 1603 47.1 13 384 18.7 0.4 0.15 0.2 3.1 1609 87.5 5.8 1609H 175.9 -5 11.1 746 69.11 37 5.72 95.3 1831 38.90 42/17 1877 -
40 FAST MOVING CONSUMER G O ODS
IND. COMPOSITE 2542 145027 21306 40
Bajaj Corp Ltd. 1 1603 14.8 33 869 197.9 13.4 11.50 0.0 40.8 1609 196.8 58.3 1609H 401.1 -6 110.5 17 66.86 48 27.49 24.0 5483 371.70 438/340 5441 25.6
Britannia Ind. 2 1603 24.0* 142 7948 749.1 62.4 20.00 0.0 44.0 1609 2222.4 227.6 1609H 4207.3 11 438.0 16 50.72 0 28.21 77.6 34587 2882.20 3575/2507 34565 42.0
Colgate Palm. 1 1603 27.2 37 4162 576.5 21.2 10.00 0.0 56.5 1609 1056.6 181.3 1609H 2069.7 9 307.0 13 50.99 0 24.68 174.6 24631 905.60 1033/788 24343 40.2
Dabur India 1 1603 176.2 16 5750 939.5 5.3 2.25 0.0 32.7 1609 1351.6 268.7 1609H 2651.1 1 467.1 16 68.02 0 25.40 138.6 48803 277.05 320/231 48835 48.7

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
DFM Foods Limi 10 1603 10.0 65 390 25.0 25.0 5.00 0.7 38.6 1609 89.2 4.6 1609H 164.4 -0 7.2 5 38.34 0 16.43 6.4 1784 1783.90 2433/836 1816 70.3
Emami Ltd. 1 1603 22.7 60 2392 327.7 14.4 7.00 0.5 24.3 1609 537.4 88.5 1609H 1130.7 16 137.7 5 72.73 25 19.03 37.9 21696 955.90 1261/901 22283 64.5
Gillette India Ltd. 10 1606 32.6 263 1960 213.0 65.4 24.90 0.0 24.8 1609 411.7 54.8 1609Q 411.7 -15 54.8 65 74.99 0 9.89 24.0 13967 4286.30 4888/3805 13430 59.5
GlaxoSmithKlineConsu 10 1603 42.1 582 4309 686.9 163.3 70.00 0.0 28.1 1609 1080.3 183.7 1609H 2024.2 -3 344.3 -9 72.45 0 12.98 35.5 21015 4997.05 6675/4650 18303 32.0
Godfrey Philips 2 1603 10.4 271 2412 165.0 31.7 8.00 0.1 11.7 1609 480.4 19.7 1609H 959.4 -19 42.1 -59 72.05 0 10.53 18.6 5309 1021.00 1542/795 5362 51.3
Godrej Consumer Prod 1 1603 34.1* 112 4812 739.7 21.7 5.75 0.0 19.3 1609 1319.5 211.9 1609H 2454.8 4 363.5 14 63.26 0 30.67 82.6 51492 1511.80 1710/1120 51345 66.2
Godrej Industries Lt 1 1603 33.6 52 1310 157.3 4.7 1.75 1.3 8.9 1609 376.4 -35.0 1609H 732.8 0 -68.8 -236 74.77 0 18.20 45.8 14471 430.50 467/290 16790 -
Hatsun Agro Prod 1 1603 15.2* 19 3445 60.5 4.0 4.00 2.3 21.4 1609 1000.9 32.2 1609H 2035.2 18 61.2 3 74.71 0 3.27 7.4 5519 362.70XB 406/279 6009 89.0
Heritage Foods 10 1603 23.2 103 2381 55.4 23.9 3.00 0.4 23.1 1609 641.3 15.7 1609H 1275.5 9 32.2 24 39.90 0 11.49 16.2 2051 884.25 956/446 2111 33.3
Hindustan Unilever L 1 1603 216.4 17 31987 4082.4 18.9 16.00 0.0 110.7 1609 7842.7 1095.6 1609H 15970.9 3 2269.5 11 67.20 0 18.97 329.0 178834 826.30 954/765 1 77769 4 1.1
*ITC Ltd. 1 1603 1212.1* 27 36837 9844.7 8.1 8.50 0.0 29.9 1609 9660.7 2500.0 1609H 19714.8 10 4884.7 10 0.00 0 55.77 547.3 292064 240.95XB 266/179 2 85530 2 9.5
Jubilant Foodworks L 10 1603 65.9* 116 2410 114.6 17.4 2.50 0.0 14.9 1609 665.5 21.6 1609H 1274.5 10 40.6 -18 45.03 46 42.65 36.0 5637 854.75 1512/761 5606 56.3
Jyothy Laboratories 1 1603 18.2* 57 1575 162.4 8.9 5.00 0.0 15.7 1609 416.6 38.4 1609H 851.4 9 89.3 5 66.93 30 22.78 80.5 6126 337.30 381/253 6076 36.8
Kaya L 10 1603 13.0* 147 185 -8.6 -6.6 - 0.0 - 1609 49.4 -2.0 1609H 96.8 11 -6.3 -46 60.39 0 10.27 29.2 916 704.50 1229/650 914 -
Kothari Products 10 1603 29.8 262 4642 51.5 17.2 3.00 0.1 6.6 1609 1052.1 16.1 1609H 2204.9 -2 32.1 7 74.99 0 0.02 8.6 492 164.85 272/146 491 9.2
Kwality 1 1603 23.7* 32 5724 144.2 6.1 0.10 1.7 18.9 1609 1540.3 42.1 1609H 3013.9 6 84.4 15 64.44 45 1.89 29.4 2984 126.00 159/78 4216 19.2
Marico Ltd. 1 1603 129.0* 20 4947 701.9 5.4 4.25 0.0 27.0 1609 1160.5 179.1 1609H 2614.9 1 414.0 33 59.67 0 32.25 57.5 33579 260.25 307/208 33471 42.2
Nestle India 10 1512 96.4 292 8175 563.3 58.4 48.50 0.0 20.0 1609 2363.5 269.4 1609N 6937.6 12 759.2 100 62.76 0 20.06 77.4 58137 6029.80 7390/4990 57655 61.7
P&G Hygiene&Health 10 1606 32.5 466 2484 423.2 130.4 36.00 0.0 28.0 1609 600.4 104.4 1609Q 600.4 0 104.4 50 70.63 0 13.01 28.4 22971 7076.60 7280/5171 21896 50.2
Parag Milk Foods 10 1603 84.1 47 1623 52.5 6.2 - 1.0 13.4 1609 464.7 15.4 1609H 842.0 1 27.3 46 47.48 0 31.00 9.4 2188 260.10 357/202 2541 35.8
Prabhat Dairy 10 1603 97.7 54 1000 9.4 1.0 0.40 0.2 1.8 1609 261.7 7.2 1609H 496.9 7 13.1 151 44.36 3 6.52 10.5 971 99.40 147/72 1059 56.2
Tasty Bite 10 1603 2.6 235 208 16.1 62.8 2.00 0.6 26.8 1609 58.6 4.2 1609H 117.4 26 9.7 43 74.23 0 0.05 3.1 886 3452.70 4849/1270 915 46.5
VST Industries 10 1603 15.4 238 883 153.1 99.2 70.00 0.0 41.3 1609 231.7 35.3 1609H 486.1 23 76.9 23 32.15 0 24.32 13.4 3721 2409.50 2525/1480 3699 22.2
Zydus Wellness Ltd. 10 1603 39.1 122 208 101.7 26.0 6.50 0.0 21.3 1609 60.8 32.1 1609H 109.4 11 55.5 14 72.54 0 13.45 35.5 3363 860.70 930/632 3129 31.0
41 FERRO ALLOYS
Maithan Alloys Ltd. 10 1603 29.1 136 1151 79.0 27.1 2.00 0.3 20.0 1609 293.9 8.8 1609H 549.3 18 27.1 30 69.46 0 0.03 5.9 846 290.75 435/84 892 9.9
Star Ferro & Cement 1 1603 22.2 1 0 22.7 1.0 1.00 0.0 74.3 1609 0.0 -0.3 1609H 0.0 -14 -0.6 -103 64.41 0 1.88 13.3 2141 96.35 135/87 2140 -
42 FERTILISERS
IND. COMPOSITE 2678 66097 741 16
Chambal Fertilis 10 1603 416.2 56 9536 86.3 2.1 1.90 1.9 3.7 1609 2232.4 127.1 1609H 4140.2 -19 267.8 -4 57.34 7 19.97 153.1 2959 71.10 75/51 7412 39.5
Coromandel Internati 1 1603 29.2* 82 11500 361.4 12.4 4.00 0.9 15.2 1609 3514.7 212.7 1609H 5529.2 -3 220.6 20 62.03 0 10.08 60.3 8519 292.10 299/146 10554 21.6
Deepak Fertilisers 10 1603 88.2 181 4259 121.1 13.7 5.00 1.2 7.6 1609 938.2 27.0 1609H 1983.1 -6 61.7 -14 51.07 0 16.83 99.0 1824 206.80 253/128 3489 16.4
Fertilisers & Ch 10 U1603 647.1 -20 1759 -452.2 -7.0 - -1.1 - 1609 631.5 -33.6 1609H 1084.2 0 -115.9 35 89.99 0 8.56 15.8 1556 24.05 29/19 2421 -
*GSFC 2 1603 79.7 119 6163 379.3 9.5 2.20 0.3 8.0 1609 1637.8 125.0 1609H 2719.9 -4 171.3 -30 37.84 0 32.47 114.9 3901 97.90 107/58 5051 12.7
Gujarat Narmada Vall 10 1603 155.4 172 4548 226.4 14.6 2.00 1.3 8.5 1609 1461.8 165.5 1609H 2410.3 13 216.1 419 41.20 0 27.28 232.7 3312 213.10 292/65 6834 8.3
Mangalore Chem. 10 1603 118.5 29 3000 -240.1 -20.3 - 3.9 - 1609 848.4 15.4 1609H 1406.5 -16 7.0 103 74.99 53 1.28 56.6 523 44.15 67/35 1845 -
Nagarjuna Fertilizer 1 1603 59.8 27 3662 -114.0 -1.9 - 1.0 - 1609 1108.0 -12.1 1609H 1748.8 4 -49.4 31 57.13 77 2.79 467.9 533 8.91 17/9 2082 -
National Fertilizers 10 1603 490.6 33 7766 197.1 4.0 1.21 5.3 12.3 1609 1901.9 46.5 1609H 3277.6 -14 45.9 11 89.71 0 0.40 49.8 1722 35.10 38/25 10186 8.5
Rashtriya Chemicals 10 1603 551.7 51 8649 191.2 3.5 1.10 1.0 6.8 1609 1772.1 43.4 1609H 3313.1 -26 63.0 -37 80.00 0 7.53 93.6 2579 46.75 54/35 5332 16.8
Zuari Agro Chemicals 10 1603 42.1 187 5254 -15.9 -3.8 - 4.2 - 1609 1052.8 13.4 1609H 2030.7 -30 -26.7 -617 73.84 5 11.46 33.3 951 226.15 263/118 4283 -
43 FINANCE - BANKS - P R IV ATE SECTOR
IND. COMPOSITE 9529 240837 40739 21
Axis Bank Ltd. 2 1603 478.3* 222 40988 8223.7 34.4 5.00 1.9 15.5 1609 11159.1 319.1 1609H 22273.0 12 1874.6 -52 28.89 0 58.13 422.9 107612 450.00 638/367 1 84478 1 7.3
*City Union Bank 1 1603 60.2* 51 2944 444.7 7.4 1.20 0.0 14.6 1609 790.7 123.7 1609H 1562.9 8 247.3 13 0.00 0 48.50 84.8 7767 129.00 153/77 6517 16.4
DCB Bank 10 1603 285.0* 61 1698 194.5 6.8 - 0.7 10.9 1609 506.3 48.5 1609H 976.9 19 95.5 14 16.22 0 41.28 184.4 3076 107.90 133/69 3520 14.9
Dhanlaxmi Bank 10 1603 209.8 26 1204 -209.5 -10.0 - 0.5 - 1609 272.6 6.0 1609H 553.7 -10 11.8 153 0.00 0 17.10 87.9 477 22.75 30/17 150 -
*Federal Bank 2 1603 344.4* 47 7745 475.6 2.8 0.70 0.3 5.9 1609 2066.3 201.2 1609H 4080.0 7 368.6 22 0.00 0 50.42 147.8 11521 66.90 86/41 9923 21.3
*HDFC Bank 2 1603 511.1* 284 60221 12296.2 48.1 9.50 0.7 16.9 1609 17069.9 3455.3 1609H 33586.0 17 6694.2 20 21.33 0 43.71 456.3 307718 1204.20 1318/929 3 30678 2 2.9
ICICI Bank 2 1603 1164.1* 149 52739 9726.3 16.7 5.00 2.0 10.8 1609 13639.4 3102.3 1609H 26969.7 4 5334.6 -11 0.00 0 65.37 971.2 148601 255.30 298/181 2 96302 1 6.4
*IDFC Bank 10 1603 3395.9 40 3649 466.9 1.4 0.25 3.5 3.4 1609 2083.0 387.8 1609H 4058.5 9082 652.5 994 52.93 0 27.30 544.2 20392 60.05 83/43 66405 19.2
*IndusInd Bank 10 1603 597.4* 290 11581 2286.5 38.3 4.50 1.3 12.9 1609 3469.3 704.3 1609H 6761.0 22 1365.6 26 14.85 27 55.40 113.2 66162 1107.45 1255/799 83797 25.8
Jammu & Kashmir Bank 1 1603 48.5 133 6844 416.0 8.6 1.75 0.3 6.5 1609 1685.7 -602.4 1609H 3358.1 -3 -579.5 -264 53.16 0 26.27 82.2 2894 59.70 92/55 2007 -
Karnataka Bank 10 1603 282.7* 154 4992 415.3 14.7 5.00 0.3 9.5 1609 1306.4 123.8 1609H 2567.0 4 245.4 16 0.00 0 31.86 121.9 3161 111.80 134/80 1566 7.0
*Karur Vysya Bank 2 1603 121.9* 75 5443 567.6 9.3 2.80 0.3 12.4 1609 1392.9 126.3 1609H 2777.9 2 272.7 -1 2.06 7 43.13 83.6 4984 81.80 108/79 4028 8.8
*Kotak Mahindra Bank 5 1603 919.6* 130 16384 2089.8 11.4 0.50 0.9 8.7 1609 4412.5 813.3 1609H 8799.3 10 1555.3 105 33.64 0 40.74 144.5 132253 719.05 836/587 1 46325 4 5.8
Lakshmi Vilas Ba 10 1603 179.5 89 2568 180.2 10.0 3.00 0.5 10.2 1609 698.4 64.8 1609H 1384.1 11 125.5 48 9.65 36 6.36 64.2 2545 141.80 169/78 1981 11.5
RBL Bank 10 1603 372.8* 81 2744 292.5 7.8 1.50 3.5 9.6 1609 901.9 89.9 1609H 1765.6 39 187.2 47 0.00 0 24.38 133.4 12501 335.30 421/274 21698 -
South Indian Ban 1 1603 135.2* 27 5557 333.3 2.5 0.50 0.6 8.7 1609 1450.2 110.5 1609H 2897.4 4 205.6 30 0.00 0 52.22 268.6 2643 19.55 26/16 2481 7.0
YES Bank Ltd. 10 1603 422.9* 326 13533 2539.4 60.0 10.00 2.3 18.4 1609 4094.4 801.5 1609H 7956.7 20 1533.3 32 21.85 4 65.76 194.5 48904 1156.30 1450/632 74787 16.8
44 FINANCE - BANKS - P UBL I C SECTOR
IND. COMPOSITE 20193 665421 - 18088 16
*Allahabad Bank 10 1603 743.7* 155 18885 -743.3 -10.0 - 1.3 - 1609 4422.5 65.0 1609H 8993.0 -8 -499.9 -254 67.21 0 21.55 213.0 4481 60.25 88/40 9817 -
Andhra Bank 10 1603 681.2 161 17635 539.8 7.9 0.50 0.9 4.9 1609 4472.8 51.4 1609H 8844.8 3 82.5 -82 61.26 0 22.87 225.7 3236 47.50 67/42 4160 19.2
Bank of Baroda 2 1603 462.1* 174 44061 -5395.5 -23.4 - 0.8 - 1609 10485.2 552.1 1609H 20918.7 -7 975.7 -17 59.23 0 33.64 293.9 35315 152.85 179/109 47115 -
*Bank of India 10 1603 1054.7 296 41796 -6089.2 -57.7 - 1.6 - 1609 9458.5 126.8 1609H 18884.4 -12 -614.5 38 73.71 0 18.66 295.1 11306 107.20 129/79 28428 -
Bank of Maharash 10 1603 1168.3 64 13053 100.7 0.9 - 1.2 1.1 1609 3013.8 -337.1 1609H 6170.1 -6 -734.5 -659 81.61 0 13.36 172.9 3341 28.60 37/25 4187 -
Canara Bank 10 1603 543.0 482 44022 -2812.8 -51.8 - 1.0 - 1609 10405.4 356.9 1609H 20607.0 -8 585.9 -42 66.29 0 26.59 158.4 14273 262.85 339/156 20482 -
Central Bank 10 1603 1902.2* 77 25888 -1418.2 -7.5 - 0.6 - 1609 6188.8 -641.8 1609H 12357.1 -7 -1241.6 -492 82.02 0 13.51 143.8 15826 83.20 112/48 10964 -
Corporation Bank 2 1603 229.4* 93 19411 -506.5 -4.4 - 1.2 - 1609 4956.0 206.3 1609H 9679.7 -3 242.2 -38 70.76 0 23.88 73.8 4795 41.80 51/31 7820 -
Dena Bank 10 1603 787.1 92 10646 -935.3 -11.9 - 0.9 - 1609 2607.4 -44.3 1609H 5293.7 -3 -323.7 -700 68.55 0 18.68 224.1 2578 32.75 44/26 3501 -
IDBI Bank Ltd. 10 1603 2058.8 107 28043 -3664.8 -17.8 - 3.1 - 1609 6992.8 55.5 1609H 14296.0 -0 296.6 16 73.98 0 17.86 411.2 14288 69.40 91/47 70039 -
*Indian Bank 10 1603 480.3 281 16244 711.4 14.8 1.50 0.3 4.4 1609 3994.4 405.1 1609H 8065.7 -2 712.5 28 82.10 0 15.01 64.4 10600 220.70 276/76 4935 12.6
Indian Overseas 10 1603 2454.7* 57 23517 -2897.3 -11.8 - 2.1 - 1609 4992.0 -765.1 1609H 10207.5 -16 -2215.6 -313 79.56 0 13.53 256.7 5953 24.25 33/21 19103 -
Oriental Bank of 10 1603 346.2 389 20059 156.1 4.5 0.70 0.6 1.0 1609 4695.3 153.3 1609H 9474.2 -7 254.0 -55 58.37 0 28.94 133.5 3668 105.95 145/75 2132 -
Punj. & Sind Ban 10 1603 400.4 149 8744 336.0 8.4 1.65 0.5 5.6 1609 2046.5 61.9 1609H 4200.4 -6 115.2 -31 79.62 0 12.45 136.8 1880 46.95 58/32 896 6.6

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Punj. NationlBak 2 1603 425.6 167 47424 -3974.4 -18.7 - 1.7 - 1609 11830.4 549.4 1609H 23405.3 -4 855.7 -36 65.01 0 29.30 364.4 24599 115.60 164/69 57875 -
SBI 1 1603 776.3 186 1 63685 9950.7 12.8 2.60 1.6 6.9 1609 42318.8 2538.3 1609H 83912.4 4 5059.3 -33 61.21 0 29.09 1536.8 193875 249.75 289/148 2 88437 26.1
State Bank Of Bi 10 1603 70.0 963 9592 850.6 121.5 14.30 0.7 12.6 1609 2326.5 -210.1 1609H 4773.6 -1 -431.7 -196 75.07 0 10.47 58.9 4762 680.30 783/445 -65 -
State Bank Of My 10 1603 48.0 973 7128 357.8 74.5 6.00 0.9 6.8 1609 1674.5 -183.5 1609H 3438.7 -5 -655.4 -390 90.00 0 2.53 28.4 2574 536.20 746/350 3204 -
StateBnkOfTravan 10 1603 71.1 847 9609 337.7 47.5 5.00 0.5 5.6 1609 2375.6 -587.7 1609H 4728.0 -2 -1330.6 -823 79.08 0 2.52 60.7 3790 533.00 615/360 1415 -
Syndicate Bank 10 1603 904.5* 121 23198 -1643.5 -18.2 - 2.4 - 1609 5783.1 82.4 1609H 11647.7 -2 161.6 -75 72.91 0 16.69 258.4 5563 61.50 90/49 17726 -
UCO Bank 10 1603 1559.7* 62 18561 -2799.3 -17.9 - 1.9 - 1609 4329.4 -384.8 1609H 8519.1 -11 -825.4 -300 77.53 0 13.97 313.8 5202 33.35 47/28 14492 -
*Union Bank of In 10 1603 687.4 295 32199 1351.6 19.7 1.95 1.5 5.9 1609 8208.1 176.7 1609H 16084.8 -2 343.0 -71 63.43 0 25.38 238.7 8462 123.10 160/104 23815 16.3
*United Bank of I 10 1603 1339.4* 40 9937 -282.0 -2.1 - 0.6 - 1609 2232.1 43.5 1609H 4661.4 -8 81.8 -28 85.90 0 9.53 83.1 2659 19.85 25/16 -499 -
Vijaya Bank 10 1603 998.8 66 12084 381.8 3.8 - 1.6 5.1 1609 3128.3 154.6 1609H 6187.8 1 316.2 23 70.33 0 16.81 266.0 4735 47.40 54/29 8767 10.8
45 FINANCE - HOUSING
IND. COMPOSITE 1113 57426 10486 26
Can Fin Homes 10 1603 26.6* 330 1083 157.1 59.0 10.00 9.8 17.9 1609 332.4 55.1 1609H 642.0 27 104.8 55 43.45 0 0.71 33.8 4211 1581.40 1887/840 12819 21.7
Dewan Housing 10 1603 313.1* 157 7312 729.2 23.3 8.00 10.5 14.8 1609 2166.7 232.6 1609H 4124.9 19 434.0 23 39.30 0 33.36 78.7 7631 243.70 337/141 55779 9.4
GIC Housing Fi 10 1603 53.9 136 874 124.5 23.1 5.00 8.4 17.0 1609 247.2 34.4 1609H 482.0 15 66.7 15 42.06 0 16.89 38.7 1449 269.10 354/181 7526 10.9
GRUH Finance Li 2 1603 72.8* 23 1275 243.6 6.7 2.30 10.4 29.1 1609 367.4 62.0 1609H 713.8 18 122.2 20 58.55 0 18.72 41.1 11728 322.25 370/226 20322 44.5
HDFC 2 1603 317.0* 215 30905 7093.1 44.7 17.00 4.4 20.8 1609 8091.3 1826.5 1609H 16473.6 13 3697.2 25 0.00 0 88.51 212.8 200110 1262.45 1463/1012 3 45492 2 5.6
LIC Housing Fi 2 1603 100.9 181 12396 1660.8 32.9 5.50 10.5 18.1 1609 3456.5 494.8 1609H 6816.1 13 902.6 14 40.31 0 44.57 164.6 28233 559.45 624/389 1 20405 1 6.0
PNB Housing Finance 10 1603 165.6* 132 2700 327.6 19.8 3.18 11.2 15.0 1609 970.2 137.7 1609H 1833.0 52 233.6 75 39.07 0 11.64 712.8 13910 839.75 990/789 37756 -
Repco Home Finance L 10 1603 62.6* 153 881 150.1 24.0 1.80 5.8 15.7 1609 259.6 45.7 1609H 506.4 22 85.2 23 37.13 0 49.09 16.6 3487 557.30 891/500 8989 21.0
46 FINANCE - OTHERS
IND. COMPOSITE 17282 125942 2 6283 17
Alankit 1 1603 14.3* 2 30 3.5 0.2 0.20 0.0 10.5 1609 18.6 1.6 1609H 31.8 656 3.5 267 24.34 0 0.02 3.1 455 31.80XB 43/15 449 -
Bajaj Finance L 2 1603 109.6* 134 7304 1278.5 23.3 5.00 5.1 17.4 1609 2347.0 407.8 1609H 4633.4 39 831.8 50 57.34 0 24.46 71.0 45989 839.25XB 1180/535 81684 29.6
Bajaj Finserv Ltd. 5 1603 79.6 169 242 163.1 10.3 1.75 0.0 6.0 1609 66.7 40.7 1609H 107.3 -18 57.4 -33 58.35 0 14.43 62.4 46055 2894.15 3479/1576 45830 3 41.1
Bajaj Holdings & Inv 10 1603 111.3 611 1395 1270.5 114.2 32.50 0.0 18.7 1609 310.5 198.4 1609H 427.4 -42 284.2 -58 42.44 0 23.75 43.7 20340 1827.60 2235/1311 18919 23.0
Balmer Lawrie Invest 10 1603 22.2 41 0 35.6 16.0 12.50 0.0 39.2 1609 35.2 36.0 1609H 35.2 11 36.8 9 59.67 0 6.76 12.6 821 369.70 410/248 736 21.2
Bengal & Assam Compa 10 1603 8.7 406 42 23.0 26.5 10.00 0.5 6.5 1609 23.6 18.3 1609H 29.4 18 18.8 12 73.96 0 3.30 31.8 884 1018.25 1335/410 1039 35.4
BF Investment Ltd. 5 1603 18.8 187 3 21.5 5.7 - 0.0 3.0 1609 0.8 10.7 1609H 1.6 0 11.2 29 72.70 0 2.02 23.7 527 139.90 191/85 516 21.9
Bharat Financial Inc 10 1603 137.9* 101 1169 303.0 22.0 - 2.1 21.7 1609 407.4 145.9 1609H 776.3 46 381.8 175 1.75 0 83.58 53.7 8116 588.40 939/435 9262 14.9
Capital First 10 1603 97.4* 171 1845 156.9 16.1 2.40 5.2 9.4 1609 668.3 46.7 1609H 1269.8 56 91.9 30 61.21 0 12.21 123.5 5577 572.75 796/348 13189 31.3
Capital Trust Lt 10 1603 14.8* 102 54 20.2 13.7 1.50 0.3 13.4 1609 32.4 11.9 1609H 56.0 108 21.0 145 62.65 0 0.00 6.6 644 434.55 655/160 608 19.7
Capri Global Capital 2 1603 35.1* 62 210 41.2 2.4 0.30 0.1 3.8 1609 58.2 17.2 1609H 106.8 11 33.2 -20 73.91 0 9.08 3.1 960 54.75 81/22 1056 29.4
Centrum Capital 1 1603 41.6 6 45 6.1 0.1 - 0.6 2.3 1609 25.2 3.3 1609H 43.8 149 4.9 134 32.25 34 0.13 1.5 1163 27.95 33/10 1317 -
Cholamandalam Invest 10 1603 156.3* 234 4192 568.5 36.4 4.50 6.2 15.5 1609 1162.1 170.9 1609H 2270.6 13 336.7 46 53.08 0 36.51 22.9 14773 945.35 1244/583 36858 21.9
Edelweiss Fin. Ser 1 1603 83.1* 19 335 155.6 1.9 1.25 0.4 9.7 1609 93.4 8.8 1609H 186.3 39 20.3 -65 37.10 42 31.23 111.3 8113 97.60 129/44 8762 68.9
Equitas Holdings Ltd 10 1603 337.2* 31 8 2.1 0.1 - 0.0 0.2 1609 3.4 1.2 1609H 5.6 21 1.5 8 0.00 0 40.54 101.9 4912 145.65 206/134 4845 -
Fortune Financia 10 1603 51.0* 82 3 0.1 0.0 - 0.0 0.0 1609 2.9 2.7 1609H 5.3 386 3.3 11410 73.84 0 0.00 2.1 1813 355.30 410/106 1818 -
Geojit BNP Paribas 1 1603 23.5* 15 217 35.6 1.5 1.00 0.0 10.0 1609 65.6 13.8 1609H 121.0 7 23.1 6 62.69 0 5.24 32.1 812 34.50 45/27 671 22.0
Greencrest Financial 1 1603 36.6 1 16 0.7 0.0 - 0.0 1.5 1609 8.0 7.0 1609H 8.7 203 7.5 533 1.24 0 0.00 0.5 2255 61.70 64/61 2252 -
ICICI Pru Life 10 1603 1435.3 42 1810 1653.0 11.5 8.40 16.1 27.6 1609 9128.8 315.8 1609H 17999.2 131 542.8 2 80.72 0 5.30 1 039.9 43368 302.15 334/274 1 39747 -
IDFC L 10 1603 1595.9 60 224 -1162.1 -7.3 - 0.0 - 1609 112.9 91.1 1609H 129.6 -97 96.3 108 0.00 0 64.59 464.2 8586 53.80 71/35 8360 -
IFCI Ltd. 10 1603 1662.0 37 3819 337.4 2.0 1.00 3.8 4.9 1609 762.9 14.9 1609H 1584.9 -18 -95.4 -134 55.53 0 23.33 628.2 4521 27.20 31/20 27076 -
IIFL Holdings 2 1603 63.5* 46 211 172.0 5.4 4.25 0.0 11.7 1609 25.0 16.6 1609H 29.6 -62 17.4 -72 29.12 0 27.68 21.3 8334 262.40 340/164 8380 65.5
IL&FS Investment Man 2 1603 62.8 4 102 49.1 1.6 1.20 0.0 39.7 1609 25.7 12.7 1609H 41.5 -9 19.9 -3 50.41 100 4.16 36.0 451 14.36 20/13 433 9.3
Indiabulls Housing F 2 1603 84.7* 248 7933 2294.1 54.2 54.00 4.6 21.8 1609 2397.0 641.1 1609H 4704.5 28 1267.6 21 24.15 12 63.55 63.2 27543 650.45 895/551 73630 10.9
Indiabulls Ventures 2 1603 58.7* 7 76 16.9 0.6 3.00 2.9 8.3 1609 19.8 6.7 1609H 37.6 -5 27.7 157 33.59 0 0.64 95.3 603 20.55 35/13 413 17.9
JM Financial Ltd. 1 1603 79.4* 21 35 112.3 1.4 1.45 0.3 6.8 1609 66.6 51.8 1609H 86.6 -20 59.4 -30 65.44 0 17.68 36.9 5247 66.10 91/33 5660 60.3
JSW Holdings 10 1603 11.1 718 50 36.6 33.0 - 0.0 4.6 1609 22.0 15.6 1609H 31.0 -8 21.7 -14 61.41 0 20.94 23.4 1496 1347.60 1471/955 1484 45.3
Kalyani Investment 10 1603 4.4 777 1 26.4 60.5 - 0.0 7.8 1609 0.0 2.5 1609H 0.0 27 3.5 -64 68.65 0 1.54 19.7 516 1181.50 1938/1022 516 25.6
Kama Holdings Ltd. 10 1603 6.5 742 30 29.5 45.7 15.00 0.0 6.2 1609 18.0 17.9 1609H 18.0 20 17.8 20 74.99 0 0.14 6.1 1521 2357.70 3149/1145 1521 46.8
L&T Finance Holdings 10 1603 1754.9* 22 349 378.0 2.2 0.80 0.5 9.8 1609 13.6 5.2 1609H 26.7 -81 8.1 -95 66.68 0 13.78 390.3 15347 87.45 109/48 15904 69.3
M&M Fin.Services 2 1603 113.8 107 5853 672.6 11.8 4.00 3.6 11.0 1609 1491.6 94.8 1609H 2858.0 3 181.8 -23 51.92 0 42.25 49.2 15359 270.05 405/173 36449 24.8
Magma Fincorp Ltd. 2 1603 47.4 86 2110 187.1 7.9 0.80 4.2 9.2 1609 504.8 39.0 1609H 1013.3 -3 79.2 -9 26.98 0 62.45 18.9 2397 101.15 126/67 10594 13.4
Manappuram Finance 2 1603 168.3* 33 2213 337.2 4.0 1.80 2.9 12.3 1609 753.9 179.7 1609H 1427.9 38 328.9 186 34.40 3 40.80 69.1 5660 67.25 107/26 13050 10.3
Max Financial Servic 2 1603 53.5* 62 201 115.2 4.3 3.60 0.0 6.9 1609 13.0 -13.1 1609H 144.7 90 94.0 244 30.44 52 59.18 51.7 14660 548.50 627/303 14657 74.2
Monotype India 1 1603 70.3 1 18 1.4 0.0 - 1.2 1.9 1609 12.2 5.7 1609H 20.3 8877 7.8 264 25.22 0 0.00 4.1 939 13.35 37/12 1023 -
*Motilal Oswal Financ 1 1603 14.4* 41 110 46.7 3.3 3.50 0.6 7.9 1609 67.5 57.0 1609H 104.2 76 74.8 197 71.34 0 14.23 12.4 7494 522.20 640/257 7730 77.8
Muthoot Finance 10 1603 399.5* 141 4861 809.6 20.3 6.00 2.4 14.4 1609 1381.7 296.7 1609H 2678.1 18 567.0 59 74.62 0 21.34 38.6 11275 282.25 405/170 24235 11.1
Nalwa Sons Investmen 10 1603 5.1 707 19 13.8 26.8 - 0.0 3.8 1609 5.2 4.5 1609H 7.4 -50 5.7 -53 55.61 0 4.81 22.2 390 759.90 859/560 388 54.1
Network 18 Media & I 5 1603 523.5 25 67 -91.0 -0.9 - 0.2 - 1609 16.2 -36.3 1609H 31.8 -2 -51.1 -19 74.99 0 5.33 72.9 3497 33.40 61/31 4137 -
Oscar Investment 10 1603 17.3 958 145 -32.7 -18.9 - 0.4 - 1609 153.3 124.8 1609H 184.0 150 128.1 1093 70.67 0 0.00 1.6 394 228.10 290/179 1062 -
Oswal Green Tech 10 1603 256.8 84 452 37.9 1.5 - 0.0 1.8 1609 26.5 10.1 1609H 49.8 -86 63.2 194 64.32 0 10.83 207.3 643 25.05 46/20 408 8.1
Pilani Investmen 10 1603 7.9 1110 47 38.9 49.2 25.00 0.0 4.4 1609 38.7 37.2 1609H 45.6 13 42.4 11 57.54 0 0.25 5.7 1111 1405.00 1710/1220 1100 25.7
PNB Gilts Ltd. 10 1603 180.0 41 343 34.5 1.9 1.10 6.7 4.7 1609 175.4 70.1 1609H 273.4 57 89.5 315 74.06 0 1.45 35.3 824 45.75 62/22 5723 8.0
Pneumatic Holdings 10 1603 5.3 259 12 7.5 14.2 9.00 0.0 5.5 1609 0.9 0.1 1609H 1.9 -66 0.1 -98 72.50 0 7.37 12.0 442 835.10 1150/551 429 110.1
Power Finance Co 10 1603 2640.1* 135 27474 6113.5 23.2 13.90 5.6 17.1 1609 6928.4 1873.4 1609H 14034.0 2 3586.0 10 67.79 0 27.33 217.2 32156 121.80XB 137/70 2 32562 5.0
PS IT Infrastructure 10 1603 53.8 10 329 0.2 0.0 - 0.0 0.3 1609 35.7 0.1 1609H 97.8 -22 0.2 -67 1.98 0 0.00 1.8 500 93.00 99/6 501 -
PTC India Financial 10 1603 642.3* 28 1187 391.1 6.1 1.20 3.6 21.4 1609 335.1 84.9 1609H 606.3 -9 152.3 -44 60.00 0 12.92 121.5 2409 37.50 43/30 8635 8.9
Rane Holdings Ltd. 10 1603 14.3 212 75 35.6 25.0 10.00 0.1 11.8 1609 21.8 10.1 1609H 35.0 -7 14.0 -27 46.39 0 13.92 9.1 1116 781.45 984/488 1136 36.5
Ravindra Energy Ltd. 10 1603 122.1 18 122 2.4 0.2 - 0.0 1.1 1609 9.7 0.1 1609H 21.2 140 0.4 -55 76.09 0 0.00 69.9 547 44.75 52/16 547 -
*Reliance Capital 10 1603 252.6 526 4076 977.0 38.7 10.00 1.3 7.3 1609 898.0 130.0 1609H 1882.0 4 343.0 21 52.00 45 29.59 969.4 10888 431.00 596/304 26645 10.5
Religare Enterprises 10 1603 178.3 141 125 83.8 4.7 - 0.3 3.3 1609 11.8 -39.5 1609H 25.8 -72 -65.4 -372 50.92 87 20.92 24.3 4546 254.90 319/221 5227 -
Rural Electrific 10 1603 1974.9* 145 23638 5627.7 28.5 17.10 5.1 19.7 1609 5956.8 1751.3 1609H 11910.5 3 3172.1 2 60.63 0 28.34 266.4 24667 124.90XB 141/76 1 68078 4.3
Satin Creditcare 10 1603 37.6* 88 552 57.9 15.4 - 4.6 17.6 1609 205.9 26.0 1609H 400.9 67 50.6 90 33.04 9 24.55 7.4 1243 330.40 717/264 2011 15.2
SE Investments 10 1603 40.6 126 193 45.1 11.1 - 1.0 8.8 1609 60.2 15.9 1609H 116.2 24 32.6 17 26.03 0 18.97 2.0 718 177.00 308/145 1201 14.4

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Shriram City Uni 10 1603 65.9* 684 3835 529.8 80.3 15.00 2.3 11.7 1609 1115.3 204.5 1609H 2168.8 17 386.3 29 33.77 0 23.24 9.5 11879 1801.60 2650/1337 21505 19.3
Shriram Trans.Fi 10 1603 226.9 448 10242 1178.2 51.9 10.00 3.3 11.6 1609 2713.2 387.6 1609H 5399.9 13 761.8 16 26.05 0 33.26 46.0 19366 853.55 1325/737 50602 15.1
SREI Infrastructure 10 1603 503.1 55 1890 57.4 1.1 0.50 4.7 2.1 1609 437.2 23.0 1609H 1194.9 22 49.1 58 60.79 0 18.84 50.8 3725 74.05 92/42 16180 49.4
Stampede Capital 1 1603 22.9 2 20 0.4 0.0 - 0.0 0.7 1609 5.2 0.0 1609H 7.4 -26 0.0 -86 42.78 0 11.92 4.9 598 26.10CB 50/21 597 -
Summit Securities 10 1603 10.9 406 17 15.7 14.4 - 0.0 3.5 1609 0.1 -1.9 1609H 0.2 -97 -2.0 -133 73.83 0 4.25 62.1 460 422.00 503/221 451 62.2
Sundaram Finance 10 1603 111.1* 298 2312 477.3 43.0 11.00 2.1 14.4 1609 591.9 127.7 1609H 1149.5 1 217.9 -14 36.17 0 16.29 22.2 12767 1148.95 1567/1089 19308 28.9
Tata Investment 10 1603 55.1 406 252 202.6 36.8 17.00 0.0 9.1 1609 156.3 130.0 1609H 203.1 14 163.9 12 73.01 0 4.84 26.7 3079 558.80 689/455 3066 14.0
Tourism Finance 10 1603 80.7 64 184 53.6 6.6 1.80 1.9 10.4 1609 50.3 16.4 1609H 104.3 5 36.5 5 48.08 0 4.13 66.7 422 52.25 72/35 1413 7.6
Ujjivan Financial 10 1603 118.8* 102 1007 177.2 14.9 0.50 1.4 14.6 1609 351.0 73.0 1609H 672.7 50 144.4 96 0.00 0 66.13 52.4 3823 321.70 547/217 5066 15.4
V B Industries 10 1603 13.1 76 144 0.3 0.2 - 0.0 0.3 1609 41.3 0.8 1609H 82.7 33 1.3 23 0.89 0 0.00 0.7 464 354.05 376/340 464 -
Vardhman Holdings 10 1603 3.2 872 52 48.2 150.9 3.00 0.0 17.3 1609 5.6 3.6 1609H 14.4 -41 10.4 -53 74.89 0 4.03 7.1 589 1845.00 2210/788 588 16.2
Yamini Investments 1 1603 52.6 1 13 0.5 0.0 - 0.0 0.8 1609 2.7 0.1 1609H 4.6 -41 0.2 -17 17.35 0 0.03 1.8 1238 23.55 54/21 1237 -
47 GLASS
*Asahi India Glass 1 1603 24.3 16 2168 97.3 4.0 0.60 2.7 24.7 1609 659.9 36.5 1609H 1274.9 18 63.3 43 54.31 6 2.71 50.5 4337 178.40 210/135 5350 37.3
Borosil Glass 10 1603 2.3 2462 222 52.3 226.2 25.00 0.1 9.2 1609 67.5 10.8 1609H 119.7 27 20.7 -4 72.26 0 5.00 6.7 1558 6743.05 8703/2280 1583 30.3
Empire Inds. 10 1603 6.0 250 385 30.6 51.1 24.00 0.9 20.4 1609 94.0 7.7 1609H 182.7 8 14.3 21 72.55 0 14.75 5.0 992 1652.55 1995/1360 1053 30.0
Guj. Borosil Ltd 5 1603 34.1 8 183 12.1 1.8 - 1.9 23.2 1609 45.0 1.6 1609H 88.0 9 4.8 -6 74.95 0 0.07 47.9 555 81.40 120/57 562 46.8
Hind. NationalGl 2 1603 17.5 27 1979 -193.3 -22.1 - 11.0 - 1609 401.9 38.0 1609H 907.2 -0 16.9 114 69.98 93 7.26 4.2 917 105.00 155/57 3445 -
La Opala RG Ltd. 2 1603 11.1 42 249 58.7 10.6 1.80 0.0 25.3 1609 69.8 17.2 1609H 120.9 5 28.0 16 65.02 0 20.45 9.6 2485 447.75 670/438 2490 39.8
Saint-Gobain Sekurit 10 1603 91.1 9 141 -0.4 -0.0 - 0.0 - 1609 32.9 1.9 1609H 67.7 -11 4.7 1570 75.00 0 0.19 22.0 408 44.80 60/33 408 -
48 GRANITES/MARBLES
*Pokarna Ltd. 10 1603 6.2 187 193 17.2 27.8 10.00 0.6 14.9 1609 42.1 4.1 1609H 79.7 -21 5.9 -45 56.66 0 1.12 5.9 562 906.00 1064/660 625 45.5
49 HORTICULTURE AND FLORI C ULTURE
Advanced Enzyme Tech 10 1603 22.3 79 139 21.3 9.5 1.00 0.3 12.1 1609 41.2 9.3 1609H 78.5 17 13.1 99 66.50 0 11.24 26.9 4429 1983.75 2377/1161 4472 -
Kaveri Seed Company 2 1603 13.8 133 849 177.1 25.6 2.50 0.0 19.3 1609 67.8 7.7 1609H 561.7 -24 162.1 -7 57.49 0 28.49 34.6 2835 410.55 472/300 2830 17.2
Venky’s (India) Ltd. 10 1603 14.1 277 2122 29.9 21.2 5.00 1.8 7.7 1609 595.2 0.3 1609H 1239.9 23 41.3 168 56.10 0 0.16 21.4 603 427.90 578/220 1093 10.8
50 HOSPITALS AND MEDIC A L S ERVICES
IND. COMPOSITE 1080 10178 603 55
Apollo Hospitals 5 1603 69.6 247 5409 369.4 26.6 6.00 0.6 10.8 1609 1634.1 92.0 1609H 3099.5 14 164.2 -7 34.35 65 45.89 38.1 16411 1179.60 1544/1111 18257 47.0
Dr. Lal Pathlabs Ltd 10 1603 82.8* 58 765 125.8 15.2 2.45 0.0 26.3 1609 252.9 51.4 1609H 468.6 20 89.0 167 58.61 0 13.19 28.7 8878 1072.50 1279/697 8652 48.9
Fortis Healthcare 10 1603 481.6 75 612 -73.5 -1.5 - 0.3 - 1609 169.4 -4.6 1609H 335.5 9 -11.7 73 67.62 79 20.34 112.1 8695 180.55 199/141 9730 -
Healthcare Global En 10 1603 85.1 62 470 -2.8 -0.3 - 0.3 - 1609 136.3 6.1 1609H 269.9 19 11.8 362 24.61 0 50.35 12.2 2090 245.65 262/167 2211 -
Indraprastha Med 10 1603 91.7 22 758 28.2 3.1 1.80 0.2 13.9 1609 194.3 8.1 1609H 388.3 2 16.5 -8 50.99 0 3.03 46.3 476 51.90 69/45 517 17.8
Kovai Medical 10 1603 10.9 160 465 40.4 37.0 2.50 0.7 23.0 1609 136.4 17.0 1609H 264.8 15 31.4 51 50.03 0 1.44 7.7 1070 977.75 1090/616 1145 21.0
Narayana Hrudayalaya 10 1603 204.4 47 1464 56.8 2.8 - 0.1 5.9 1609 425.9 28.7 1609H 826.4 15 51.3 53 64.85 0 30.32 29.9 7000 342.55 375/272 7114 94.0
Thyrocare Tech. 10 1603 53.7 70 235 58.8 10.9 9.55 0.0 15.7 1609 78.2 20.4 1609H 147.1 29 37.6 25 63.96 0 15.92 28.6 3709 690.45 720/524 3702 56.1
51 HOTELS AND RESORTS
EIH Associated 10 1603 30.5 79 246 38.4 12.6 4.00 0.1 16.0 1609 50.0 1.6 1609H 96.9 10 3.7 121 74.99 0 14.25 5.8 929 304.95 379/232 950 23.0
EIH Ltd. 2 1603 114.3 43 1417 101.5 1.8 1.10 0.1 3.8 1609 274.2 3.8 1609H 550.6 -9 -8.4 -128 35.26 0 17.68 68.0 5430 95.00 138/86 5630 87.2
Hotel Leela Ven. 2 1603 93.3 -4 661 -180.2 -3.9 - -24.3 - 1609 156.4 -45.7 1609H 305.9 -6 -97.5 14 63.88 92 5.38 98.3 747 16.00 24/15 4959 -
India Tourism De 10 1603 85.8 39 437 22.6 2.6 1.50 0.0 6.8 1609 106.3 -3.4 1609H 212.2 15 5.6 99 87.02 0 4.00 3.6 1825 212.80 291/140 1547 72.0
Indian Hotels Co 1 1603 98.9 39 2274 201.0 2.0 - 0.4 5.2 1609 514.1 27.6 1609H 988.6 8 18.6 241 38.65 0 38.88 135.8 9715 98.20 143/89 11258 57.7
Mac Charles 10 1603 13.1 196 56 33.4 25.5 10.00 0.0 13.0 1609 22.9 10.0 1609H 39.1 15 15.0 77 74.62 0 0.02 12.7 864 659.15 669/211 859 22.2
Mahindra Holidays 10 1603 88.8 78 952 117.3 13.2 5.00 0.0 16.9 1609 258.1 32.9 1609H 507.7 10 63.1 17 75.00 0 15.22 18.6 3552 400.10 513/322 3524 28.1
Oriental Hotels 1 1603 17.9 12 308 -7.9 -0.4 0.20 1.3 - 1609 80.4 -1.4 1609H 150.7 7 -9.1 22 62.12 1 11.13 15.3 393 22.00 32/19 687 -
Taj GVK Hotels & Res 2 1603 12.5 56 270 8.4 1.3 0.40 0.7 2.4 1609 65.5 3.4 1609H 123.9 1 5.9 797 74.98 0 4.90 39.5 688 109.75 158/65 942 45.5
The Byke Hospitality 10 1603 40.1 30 232 25.9 6.5 1.00 0.1 21.4 1609 53.6 5.8 1609H 115.5 23 12.2 28 44.98 6 13.70 5.7 664 165.50 200/148 669 23.2
Westlife Development 2 1603 31.1* 31 0 -0.4 -0.0 - 0.0 - 1609 0.0 -0.0 1609H 0.0 -47 -0.1 21 62.17 0 21.51 2.0 2582 165.95 266/152 2581 -
52 INFRASTRUCTURE - GE NERAL
IND. COMPOSITE 3198 9954 -609 44
Atlanta Ltd. 2 1603 16.3 46 136 3.3 0.4 - 0.5 0.9 1609 41.1 12.6 1609H 105.3 211 40.5 570 70.83 88 3.24 15.6 575 70.60 84/27 758 11.0
Bharti Infratel Ltd. 10 1603 1849.6 100 5596 1323.4 7.2 3.00 0.0 7.1 1609 1496.3 535.3 1609H 2949.4 7 2012.2 233 71.95 0 26.17 29.6 63562 343.65 435/302 60406 22.9
GMR Infrastructure L 1 1603 603.6 16 799 -1518.9 -2.5 - 0.6 - 1609 330.6 -700.3 1609H 691.9 26 -823.4 -9321 61.61 74 27.58 434.7 7171 11.88 17/10 12275 -
Kridhan Infra 2 1603 14.8 12 57 1.3 0.2 0.16 0.2 1.5 1609 32.7 0.3 1609H 53.0 249 0.7 161 64.45 0 0.78 2.9 406 54.80 126/52 419 -
Lanco Infratech Ltd. 1 1603 274.9 6 2671 -445.0 -1.6 - 3.9 - 1609 479.0 -150.6 1609H 822.4 -39 -278.4 -243 70.54 95 4.66 240.6 987 3.59 8/3 7691 -
MEP Infrastructure 10 1603 162.6 36 695 26.7 1.6 0.20 0.7 4.5 1609 191.4 4.2 1609H 378.9 13 8.1 -21 69.48 36 15.23 9.1 583 35.85 50/34 968 24.6
RattanIndia Infra 2 1603 276.5 5 0 0.6 0.0 - 0.0 0.1 1609 0.0 -1.6 1609H 0.0 - -3.2 -1527 62.22 0 7.33 83.6 415 3.00 4/3 413 -
53 IRON AND STEEL
IND. COMPOSITE 9571 201050 -9601 10
Adhunik Industries 10 1603 46.8 22 410 2.3 0.5 - 0.6 2.2 1609 88.6 0.5 1609H 203.5 -16 0.7 -83 74.96 0 0.00 1.7 500 107.00 202/53 559 -
APL Apollo Tubes 10 1603 23.6* 147 2996 30.8 13.1 10.00 1.2 8.9 1609 565.2 8.9 1609H 1307.1 2 12.7 -7 38.74 0 17.91 5.3 2155 913.55 1008/557 2579 72.1
Balasore Alloys 5 1603 39.4 53 838 18.7 2.4 0.60 0.3 2.1 1609 239.3 12.2 1609H 407.5 -7 20.7 14 56.45 33 2.91 124.9 416 52.70 56/15 533 19.5
Bhushan Steel Ltd. 2 1603 45.3 201 11803 -2839.4 -125.4 - 9.4 - 1609 2717.6 -980.2 1609H 5772.5 -6 -1636.4 -13 59.04 69 4.03 45.9 917 40.50 51/33 43110 -
Electrosteel Steels 10 1603 2409.2 3 2598 -326.5 -1.4 - 11.5 - 1609 582.9 -485.9 1609H 1388.1 24 -756.7 -94 45.23 80 29.67 53.6 932 3.87 5/2 9688 -
Gallantt Ispat Ltd. 10 1603 38.5* 94 535 28.6 7.4 1.00 0.5 7.9 1609 92.0 12.3 1609H 209.4 -15 27.7 70 62.58 0 0.16 0.9 1884 489.55 690/368 2054 47.1
Gandhi Special 5 1603 7.3 113 91 18.5 12.6 7.50 0.0 11.2 1609 27.5 6.2 1609H 53.8 11 16.7 82 73.26 0 4.08 5.3 447 303.95 350/200 444 17.2
Jai Corp Ltd. 1 1603 17.8 112 624 69.5 3.9 0.50 0.0 3.5 1609 180.9 -0.6 1609H 374.1 14 5.4 -83 73.00 0 6.62 75.4 1285 72.00 94/52 1276 30.2
Jindal Saw 2 U1603 64.0 144 6144 367.0 11.5 1.00 1.1 8.0 1609 1353.6 47.3 1609H 2634.9 -19 113.1 -45 53.58 0 19.79 49.7 1765 55.20 68/36 6075 6.8
Jindal St & Pwr 1 1603 91.5 125 12548 -1018.9 -11.1 - 2.1 - 1609 3125.7 -407.2 1609H 6249.2 -1 -683.8 -0 61.89 33 19.99 182.9 6322 69.10 98/48 29905 -
Jindal Stainless 2 1603 113.6* -9 6573 -387.8 -6.8 - -15.9 - 1609 1916.9 -65.0 1609H 3917.0 20 -143.2 63 74.99 37 12.35 48.0 2143 37.75 45/14 11450 -
Jindal Stainless (Hi 2 1603 47.2* 26 6417 14.6 0.6 - 3.0 2.4 1609 1545.2 53.0 1609H 3042.2 -12 102.4 2434 54.65 66 25.50 44.8 2120 89.85 110/24 3959 18.8
JSW Steel 10 1603 241.7 866 36707 -3498.3 -144.7 7.50 1.4 - 1609 12237.5 671.6 1609H 23156.4 16 1754.0 581 41.48 44 37.02 705.1 39270 1624.60 1887/951 66615 -
Kalyani Steel 5 1603 21.8 135 1180 113.6 26.0 - 0.4 19.3 1609 330.2 37.6 1609H 675.2 9 84.4 45 60.60 0 1.18 39.6 1203 275.55 413/121 1457 8.6

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Kirloskar Ferrou 5 1603 68.7 36 1114 57.7 4.2 1.25 0.2 11.7 1609 289.8 22.6 1609H 589.4 -2 60.2 79 59.54 0 2.26 61.8 912 66.45 95/40 1005 10.8
Maha. Seamless 5 1603 33.5 341 1019 39.2 5.8 2.50 0.0 1.4 1609 304.9 38.8 1609H 593.3 18 62.7 1637 59.67 0 13.40 24.2 1609 240.10 276/131 1607 15.2
Monnet Ispat & Energ 10 1603 200.8 32 1827 -1683.2 -83.8 - 11.0 - 1609 271.7 -408.9 1609H 649.1 -43 -767.7 0 25.26 0 56.46 25.1 456 22.70 37/19 7152 -
Mukand Ltd. 10 1603 141.4 33 2732 1.6 0.1 - 5.4 0.1 1609 679.4 6.0 1609H 1357.0 -2 16.3 448 71.68 18 5.21 42.4 884 62.50 76/28 3282 39.1
Pennar Industrie 5 1603 60.2 28 871 27.0 2.2 - 0.5 7.6 1609 249.8 6.4 1609H 461.6 15 10.8 6 36.35 7 23.72 42.3 493 41.00 61/39 619 17.9
Ratnamani Metals 2 1603 9.3 223 1719 162.7 34.8 5.50 0.0 15.6 1609 321.9 28.5 1609H 660.3 -21 59.7 -27 60.27 0 18.16 10.0 3165 677.30 809/387 3154 22.6
Sarda Energy & Miner 10 1603 36.0* 292 1035 37.5 10.4 5.00 0.3 3.6 1609 254.0 12.5 1609H 538.8 -5 101.6 290 71.28 0 2.54 15.2 792 219.95 297/76 1113 7.0
Srikalahasthi Pipes 10 1603 39.8 108 1146 158.8 39.9 5.00 0.9 37.1 1609 174.9 26.0 1609H 454.1 -18 68.9 -3 50.78 0 3.48 26.8 1056 265.65 356/184 1436 6.8
Steel Authority 10 1603 4130.5 95 39086 -4137.3 -10.0 - 0.8 - 1609 11225.6 -731.6 1609H 20463.7 9 -1267.1 7 74.99 0 20.42 393.2 20322 49.20 56/34 51536 -
Steel ExchangeIndia 10 1603 76.0 34 1671 7.4 1.0 - 2.3 2.0 1609 352.2 -38.5 1609H 753.2 1 -45.2 -391 49.03 66 1.56 171.7 676 88.90 95/26 1172 -
Sunflag Iron 10 1603 180.2 36 1661 57.3 3.2 - 0.3 8.9 1609 394.5 21.1 1609H 768.9 -13 39.6 39 49.06 0 0.12 65.8 584 32.40 42/19 702 8.5
Surya Roshni Ltd 10 1603 43.8 198 3069 62.1 14.2 1.00 1.0 7.2 1609 740.3 13.1 1609H 1481.5 2 26.0 6 63.32 36 3.24 21.7 768 175.15 246/119 1586 12.1
Tata Metaliks 10 1603 25.3 48 929 50.6 20.0 2.00 2.3 41.5 1609 254.2 11.3 1609H 499.1 6 33.7 155 50.09 0 2.69 55.6 820 324.10 513/78 1006 11.5
Tata Sponge Iron 10 1603 15.4 524 574 30.8 20.0 10.00 0.0 3.8 1609 138.7 16.1 1609H 246.6 -16 26.6 108 54.50 0 3.49 38.9 867 562.85 685/340 615 19.4
Tata Steel 10 1603 971.2 726 38210 4900.9 50.5 8.00 0.4 7.0 1609 10601.8 249.6 1609H 19722.3 6 825.0 503 31.35 6 42.08 906.7 37984 391.10 441/211 67963 19.4
Technocraft Industri 10 1603 26.3 196 766 82.1 31.2 3.00 0.5 15.9 1609 221.3 27.9 1609H 421.8 17 58.8 37 75.00 0 3.87 10.7 956 363.65 414/176 1162 9.8
Usha Martin Ltd. 1 1603 30.5 26 3447 -404.4 -13.3 - 4.2 - 1609 770.8 -65.1 1609H 1602.8 -8 -97.7 40 49.87 62 11.43 51.3 458 15.03 20/7 3778 -
Uttam Galva Steels 10 1603 142.3 -11 6924 -1551.5 -109.1 - -22.2 - 1609 1173.2 -93.6 1609H 2420.7 -34 -327.0 -8505 60.87 0 27.35 31.9 388 27.25 37/23 3874 -
Welspun Corp 5 1603 132.6 69 3785 -93.4 -3.5 0.50 1.0 - 1609 609.4 -39.4 1609H 1790.8 -24 -20.5 -255 43.78 0 15.01 61.0 1997 75.30 117/56 3642 -
54 LAMINATES
Century Plyboard 1 1603 22.3* 24 1658 168.1 7.6 1.00 0.8 31.8 1609 496.1 49.3 1609H 935.8 15 92.3 7 72.21 9 18.05 26.9 3740 168.05 267/135 4126 21.4
Greenply Industr 1 1603 12.3* 49 1657 130.6 10.6 0.60 0.3 21.5 1609 435.2 35.1 1609H 850.3 9 69.2 28 54.12 0 29.18 10.3 3172 258.70 306/152 3324 21.8
Rushil Decor Ltd. 10 1603 14.4 56 297 7.1 5.0 0.50 1.1 8.9 1609 73.0 7.0 1609H 148.4 1 11.5 179 54.80 0 5.10 2.1 807 560.50 689/175 892 55.5
Uniply Industries 10 1603 23.9* 21 136 3.8 1.6 - 1.3 6.1 1609 28.2 1.6 1609H 66.7 16 3.3 73 33.13 52 1.31 6.3 495 206.95 321/110 551 95.1
55 LEATHER
Bata India 5 1603 64.3 90 2418 218.7 17.0 3.50 0.0 18.5 1609 583.7 34.6 1609H 1258.4 -0 85.1 -41 52.95 0 27.58 111.6 5762 448.30 614/400 5421 36.6
Bhartiya Interna 10 1603 11.7* 160 450 14.8 12.6 1.20 1.1 7.9 1609 136.4 6.2 1609H 234.8 3 9.4 5 48.35 0 1.39 5.5 576 490.35 627/426 777 37.8
Mirza International 2 1603 24.1 37 926 78.1 6.5 0.50 0.4 17.5 1609 250.3 16.4 1609H 502.6 -0 36.4 7 73.77 0 0.78 33.7 1025 85.20 138/69 1204 12.7
Relaxo Footwears 1 1603 12.0* 40 1713 120.3 10.0 0.60 0.4 25.1 1609 418.1 27.3 1609H 851.8 1 63.6 1 74.98 0 5.92 11.0 4827 401.85 526/360 5028 40.0
57 LOGISTICS
*Aegis Logistics Ltd. 1 1603 33.4 13 357 53.9 1.6 0.90 0.2 12.8 1609 94.4 17.1 1609H 187.4 2 30.0 6 61.49 0 15.04 37.3 4290 128.45 174/81 4329 77.3
Allcargo Logistics 2 1603 50.4 54 1205 124.2 4.9 2.00 0.1 9.1 1609 271.8 27.2 1609H 578.0 -5 55.5 -8 69.84 0 14.65 25.0 4513 179.00 222/135 4573 37.8
Arshiya 2 1603 31.2 0 64 -278.4 -17.8 - 77.3 - 1609 19.1 -24.9 1609H 37.1 13 -58.5 51 74.99 100 0.93 11.4 462 29.60 53/16 775 -
Navkar Corporation L 10 1603 142.6 76 347 103.5 7.3 - 0.3 9.5 1609 87.1 25.1 1609H 176.7 5 51.4 18 72.85 0 22.78 22.7 2374 166.50 224/151 2401 21.3
Sical Logistics 10 1603 55.6 83 591 18.5 3.3 - 1.3 4.0 1609 159.5 10.0 1609H 324.4 25 20.1 285 62.19 65 1.03 40.1 1136 204.40 256/119 1723 34.0
Snowman Logistics Lt 10 1603 167.1 26 240 20.6 1.2 - 0.3 4.7 1609 47.4 -8.3 1609H 97.1 -17 -6.5 -177 40.25 0 3.01 73.9 840 50.25 94/46 939 -
TCI Express 2 1603 7.7* 32 0 -0.0 -0.0 - 0.3 - - - - - - - - - - 0 0.00 - 1112 290.30 386/265 1141 -
VRL Logistics Ltd. 10 1603 91.2 56 1723 102.3 11.2 5.00 0.3 19.9 1609 450.1 13.9 1609H 908.7 4 40.3 -37 69.57 0 18.23 52.8 2360 258.70 435/245 2506 30.2
58 LPG BOTTLING/DISTRI BUTION
Gujarat Gas 10 1603 137.7 153 6106 152.9 11.1 2.50 0.8 7.3 1609 1237.1 71.8 1609H 2461.9 -24 147.7 98 60.89 0 17.60 25.7 7187 522.05 690/477 8827 31.8
Mahanagar Gas 10 1603 98.8 156 2079 308.7 31.3 17.50 0.0 20.1 1609 520.9 102.2 1609H 1004.3 -5 195.0 30 64.99 0 15.18 78.9 7759 785.45 899/493 7591 21.8
59 LUBRICANTS
Castrol India 5 1512 247.3 12 3298 615.3 12.4 9.00 0.0 106.9 1609 761.7 139.8 1609N 2588.2 3 519.1 9 51.00 0 29.77 105.9 18816 380.45 495/354 18119 28.5
GOCL Corporation 2 1603 9.9 69 102 17.6 3.6 1.50 0.0 1.7 1609 17.9 5.3 1609H 43.9 -17 8.4 -24 69.87 0 8.04 50.2 1345 271.35 375/120 1331 89.8
Gulf Oil Lubricants 2 1603 9.9 50 1011 100.3 20.2 7.00 0.8 40.4 1609 274.2 30.2 1609H 557.8 16 61.4 39 68.58 0 17.61 55.5 3175 640.00 780/452 3135 27.0
Tide Water Oil 5 1603 1.7 1561 986 77.7 222.9 1 25.00 0.0 14.3 1609 219.4 18.3 1609H 507.5 6 45.8 -0 55.61 0 11.54 18.3 1940 5567.25 8317/4938 1697 25.0
60 MEDIA - PRINT
IND. COMPOSITE 472 9542 1183 18
DB Corp 10 1603 183.9* 73 2051 300.2 16.3 11.00 0.1 22.3 1609 528.6 89.5 1609H 1098.9 16 194.5 53 69.90 31 25.57 10.6 6584 358.10 448/287 6607 17.9
DIC India 10 1512 9.2 309 750 29.7 32.4 4.00 0.0 10.5 1609 177.0 3.7 1609N 527.4 -5 17.7 -18 71.75 0 0.06 8.5 409 446.10 746/443 411 15.8
Hindustan Media Vent 10 1603 73.4 124 919 180.5 24.6 1.20 0.2 19.9 1609 229.5 54.6 1609H 468.7 4 103.3 19 74.30 0 16.44 13.7 1965 267.80 314/244 2094 10.0
HT Media 2 1603 46.9* 68 1526 108.0 4.6 0.40 0.6 6.8 1609 360.4 13.1 1609H 725.4 2 14.0 -50 69.50 0 17.63 35.0 1698 72.40 96/70 2498 18.1
Jagran Prakashan 2 1603 65.4 39 1804 255.0 7.8 - 0.4 19.8 1609 459.0 75.5 1609H 932.4 6 149.1 20 60.75 0 28.28 31.6 5873 179.65 213/144 6394 21.0
MPS Ltd. 10 1603 18.6 148 224 70.5 37.9 22.00 0.0 25.6 1609 57.1 20.1 1609H 107.8 -0 35.3 8 67.77 0 10.57 10.4 1251 672.05 810/610 1247 17.1
Navneet Education 2 1603 47.6 26 931 127.8 5.4 2.20 0.2 20.3 1609 171.4 18.6 1609H 731.9 15 132.1 21 61.80 0 21.94 24.8 2644 111.00 115/76 2738 17.5
Repro India Ltd. 10 1603 10.9 175 375 -8.0 -7.3 3.00 0.9 - 1609 60.4 -4.9 1609H 136.2 -36 -9.3 -343 61.70 0 8.87 6.8 437 400.70 498/326 598 -
*Sandesh 10 1603 7.6 699 371 80.6 106.5 5.00 0.0 15.2 1609 90.9 17.1 1609H 188.7 3 41.2 3 74.81 0 0.00 4.7 651 860.00 1080/655 540 8.0
TCPL Packaging 10 1603 8.7 166 593 38.3 44.0 7.35 1.4 26.4 1609 160.1 10.2 1609H 305.9 8 17.9 -3 58.42 0 0.12 7.2 500 574.15 780/450 693 13.2
61 MEDICAL - OTHERS
Poly Medicure Lt 5 1603 22.1 51 394 47.3 10.7 3.00 0.3 21.1 1609 105.1 12.4 1609H 207.8 6 25.1 12 48.76 0 8.51 4.0 1667 377.95 440/238 1707 33.3
62 METAL - NON-FERROUS
IND. COMPOSITE 1433 16758 8320 14
Arcotech Ltd. 10 1603 21.0 95 729 36.5 17.4 1.50 1.5 18.3 1609 169.2 7.7 1609H 312.9 -9 17.5 2 74.97 8 9.95 6.8 1108 527.70 528/290 1378 30.1
Hind. Copper 5 1603 462.6 21 969 43.6 0.5 - 0.1 2.3 1609 162.7 6.8 1609H 368.9 -16 4.4 -85 82.94 0 7.93 60.9 5510 59.55 74/42 5477 -
Hind. Zinc 2 1603 845.1 88 14226 8166.6 19.3 27.80 0.0 21.8 1609 3877.5 1901.9 1609H 6681.6 -13 2938.7 -30 64.92 0 4.20 57.4 107936 255.45 290/136 1 07883 1 5.6
Tin Plate Co. 10 1603 104.7 57 834 73.4 7.0 2.00 0.0 12.3 1609 178.1 10.4 1609H 338.0 -26 12.4 -72 74.95 0 2.20 45.3 788 75.25 108/57 783 18.8
63 MINING/MINERALS
IND. COMPOSITE 8846 41008 24451 12
Ashapura Min. Lt 2 1603 17.4 -24 592 64.7 7.4 - -0.3 - 1609 57.8 -12.0 1609H 136.6 -54 -20.3 -139 48.43 0 23.36 19.5 522 60.05 101/53 574 -
Coal India Ltd. 10 1603 6316.4 25 166 16343.5 25.9 27.40 0.0 105.2 1609 81.2 1097.6 1609H 104.4 21 1101.3 -36 79.64 0 17.99 637.6 189491 300.00 350/272 1 85026 1 2.1
Deccan Gold Mines 1 1603 9.0 5 0 -6.9 -0.8 - 0.0 - 1609 0.0 -2.7 1609H 0.0 -82 -5.4 -63 28.33 0 6.88 22.1 397 44.00 70/30 389 -

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Guj. Mineral Dev 2 1603 63.6 106 1189 240.0 7.5 3.00 0.0 7.1 1609 241.5 72.9 1609H 640.8 14 187.7 36 74.00 0 14.19 62.1 2918 91.75 119/52 2885 10.2
Guj. NRE Coke 10 1603 1657.0* 7 731 -805.6 -4.9 - 2.4 - 1609 123.7 -110.1 1609H 190.5 -60 -218.9 -43 27.65 53 37.20 185.5 507 3.06 4/2 3219 -
*Indian Metal & F 10 1603 27.0 300 1211 -54.8 -20.3 - 1.1 - 1609 387.6 42.3 1609H 640.9 -6 12.0 302 58.87 0 9.71 38.0 1672 619.90 621/101 2519 -
MOIL Ltd. 10 1603 133.2 257 629 173.0 13.0 5.00 0.0 5.1 1609 196.0 41.5 1609H 381.8 15 88.6 -36 75.57 0 12.66 292.9 4783 359.15 394/180 1933 38.8
NMDC Ltd. 1 1603 316.4 95 6456 3028.3 9.6 11.00 0.0 10.1 1609 1739.2 770.8 1609H 3459.8 1 1482.1 -19 74.94 0 21.74 213.7 39058 123.45 143/75 25792 14.5
Orissa Minerals Deve 1 1603 0.6 1392 0 10.6 17.7 2.66 0.0 1.3 1609 0.0 0.6 1609H 0.0 -100 4.0 -49 50.01 0 19.12 18.1 1267 2112.10 2695/1370 468 1 85.8
Sandur M & I Ore 10 1603 8.8 423 222 -14.2 -16.3 3.00 0.0 - 1609 76.9 7.0 1609H 164.7 50 11.7 130 69.15 0 1.80 6.2 676 772.05 881/280 654 -
*Vedanta 1 1603 296.5 130 29811 5471.9 18.5 3.50 1.0 12.5 1609 7088.1 -274.6 1609H 14703.6 -3 -394.4 -165 62.86 0 23.23 366.5 64126 216.30 249/58
1 03075 1 4.4
64 MISCELLANEOUS
IND. COMPOSITE 2637 25308 4451 30
Adani Ports & Speci 2 1603 414.2 66 4631 2841.6 13.7 1.10 1.0 20.9 1609 1301.9 916.7 1609H 2357.0 -10 1519.5 -9 58.94 31 35.50 314.6 55522 268.10 317/170 67967 20.5
Cox & Kings L 5 1603 88.3* 139 543 169.3 9.6 1.00 0.4 6.9 1609 721.9 34.3 1609H 1915.1 523 125.0 6 51.26 46 31.27 35.8 3172 179.65 256/141 3602 18.0
Dalmia Bharat 2 1603 17.8* 141 204 65.5 7.4 2.00 0.2 5.2 1609 56.9 17.1 1609H 111.2 16 36.8 43 57.41 0 13.16 14.0 12054 1355.85 2090/605 12267
1 57.2
Dredging Corpora 10 1603 28.0 551 666 79.7 28.5 3.00 0.6 5.2 1609 161.3 -14.4 1609H 303.9 -7 -10.4 -131 73.56 0 13.48 49.0 1079 385.40 465/290 1847 30.6
Future Consumer 6 1603 997.5* 5 1344 -63.6 -0.4 - 0.5 - 1609 438.6 -0.0 1609H 795.9 30 -3.6 91 43.55 50 18.74 60.8 3317 19.95 26/18 3687 -
Gateway Distriparks 10 1603 108.7 65 266 106.0 9.8 7.00 0.0 15.0 1609 83.4 10.1 1609H 163.7 17 19.8 -74 25.17 26 65.68 32.7 2669 245.45 360/206 2668 53.4
IFGL Refracto 10 1603 34.6 48 304 18.6 5.4 2.00 0.2 11.1 1609 81.8 2.6 1609H 155.0 -6 7.2 -43 71.29 0 2.05 19.4 603 174.30 186/75 625 46.2
Indraprastha Gas Ltd 10 1603 140.0 172 3686 416.2 29.7 6.00 0.0 17.2 1609 966.5 144.2 1609H 1866.2 -0 292.2 43 45.00 0 35.89 57.4 12797 914.10 951/484 12344 25.3
Info Edge (India) 10 1603 121.1* 146 723 141.6 11.7 3.00 0.0 8.0 1609 210.0 80.1 1609H 407.6 18 124.4 99 42.87 0 45.77 15.0 10891 899.25 1012/690 9940 53.6
Jain Irrigation 2 1603 95.9* 52 4238 71.2 1.5 0.50 1.1 2.8 1609 709.8 4.7 1609H 1643.3 -15 40.0 146 30.70 21 45.80 137.6 4224 88.10 109/47 6918 35.8
Linde India 10 1512 85.3 163 1567 23.5 2.8 0.75 1.0 1.7 1609 466.8 -5.5 1609N 1313.7 14 0.2 -99 74.99 0 15.63 19.6 3022 354.40 414/241 4390 -
Nirlon 10 1603 90.1 31 289 43.6 4.8 0.75 2.1 3.0 1609 68.3 14.5 1609H 135.7 -2 28.7 -6 71.58 0 8.78 40.4 1702 188.90 245/165 2295 40.8
Orient Refractories 1 1603 12.0 17 459 55.8 4.6 1.45 0.0 27.3 1609 132.2 16.8 1609H 263.5 19 34.2 39 69.61 0 11.41 11.6 1382 115.00 135/70 1305 21.1
Solar Industries Ind 2 1603 18.1 65 1090 111.3 12.3 4.50 0.3 19.0 1609 225.3 25.9 1609H 538.0 7 60.0 20 72.98 0 22.21 12.2 6072 671.00 760/570 6219 50.1
Sun Pharma Advanced 1 1603 24.7* 14 161 -70.0 -2.8 - 1.8 - 1609 94.9 14.7 1609H 116.4 34 -21.7 -12 66.93 0 8.44 87.2 7510 304.20 415/245 7553 -
Syngene Internationa 10 1603 200.0 53 1107 221.2 11.1 1.00 0.8 21.0 1609 303.0 74.7 1609H 577.5 17 134.5 40 74.52 0 16.63 45.4 11238 561.90 663/349 11409 43.3
Talwalkars Better Va 10 1603 29.7 139 229 53.4 18.0 1.50 0.7 12.9 1609 84.9 27.5 1609H 130.9 11 32.9 19 37.98 0 19.86 15.3 734 247.20 302/182 888 12.5
TeamLease Service 10 1603 17.1 181 2505 24.3 14.2 - 0.1 7.8 1609 717.3 8.5 1609H 1405.1 16 15.8 54 45.61 0 32.18 4.5 1553 908.60 1208/790 1314 52.1
Thomas Cook (I) 1 1603 36.7* 31 392 8.1 0.2 0.38 0.3 0.7 1609 454.5 3.6 1609H 1140.8 368 24.0 -24 67.70 0 19.40 51.4 6883 187.70 229/166 6567 -
Vesuvius India 10 1512 20.3 245 700 73.6 36.3 6.25 0.0 14.8 1609 223.0 25.5 1609N 609.6 19 67.7 23 55.56 0 26.42 12.1 2219 1093.45 1270/685 2046 25.7
Wonderla Holidays Lt 10 1603 56.5 71 205 59.8 10.6 2.00 0.0 14.8 1609 50.2 3.0 1609H 139.1 26 25.4 -36 70.99 0 16.18 23.6 1918 339.40 420/316 1895 42.4
65 MOBILE PHONE SERVICE P R OVIDER
IND. COMPOSITE 9819 117437 6154 16
Bharti Airtel 5 1603 1998.7 211 60300 7546.5 18.9 1.36 0.5 8.9 1609 16480.1 3308.1 1609H 32869.9 11 4735.7 10 67.13 0 31.46 222.8 122061 305.35 385/282 1 64409 1 5.0
Idea Cellular Ltd. 10 1603 3601.7* 67 35817 2616.7 7.3 0.60 1.6 10.8 1609 9225.3 -42.8 1609H 18674.6 7 117.6 -93 42.22 0 31.71 298.0 26634 73.95 145/66 63681 21.9
MTNL 10 1603 630.0 0 3197 -2005.7 -31.8 -
1 347.8 - 1609 729.2 -768.3 1609H 1473.9 -7 -1486.3 -1 56.25 0 21.74 136.5 1279 20.30 24/15 18099 -
OnMobile Global Ltd. 10 1603 104.3* 66 387 5.7 0.6 1.50 0.0 0.8 1609 85.8 28.8 1609H 172.6 -17 41.4 63 48.84 0 9.77 32.9 855 82.00 140/78 771 39.3
RelianceCommu.Ltd 5 1603 1244.5 130 9974 -1624.0 -6.5 - 0.9 - 1609 2212.0 -864.0 1609H 4694.0 -5 -1423.0 -140 59.09 37 25.51 1635.2 8475 34.05 92/33 35806 -
*Tata Communications 10 1603 285.0 292 4790 113.2 4.0 4.30 0.1 1.4 1609 1248.5 267.6 1609H 2469.0 5 472.0 49 74.99 5 19.46 53.6 17894 627.85 687/326 18493 60.3
Tata Teleservices (M 10 1603 1954.9 -18 2972 -498.0 -2.5 - -2.7 - 1609 712.8 -468.1 1609H 1447.7 -3 -576.2 -122 74.89 35 0.62 382.4 1177 6.02 9/5 10542 -
67 OIL DRILLING AND EX P LO R ATION
IND. COMPOSITE 10368 146296 2 1938 17
*Aban Offshore 2 1603 11.7 557 1014 367.8 63.0 - 0.3 11.3 1609 242.8 64.1 1609H 490.4 -1 153.0 -9 46.95 25 5.43 157.5 1344 230.25 286/143 1947 3.8
Alpha Geo (India 10 1603 5.9 114 69 7.0 11.8 2.00 0.0 10.3 1609 5.2 -2.2 1609H 50.7 981 2.9 226 41.30 11 2.10 10.3 532 900.10 1146/379 525 43.6
Cairn India Ltd. 10 1603 1875.9* 199 4649 853.5 4.6 3.00 0.0 2.3 1609 1082.1 473.1 1609H 2083.4 -20 727.7 41 59.85 57 26.16 248.6 45424 242.15 269/107 44186 96.3
Deep Industries 10 1603 43.3* 62 169 40.9 9.5 1.50 1.1 15.3 1609 67.5 16.8 1609H 131.9 114 33.1 124 63.95 0 10.33 13.3 1217 281.35 313/117 1465 20.5
GAIL (India) Ltd. 10 1603 1268.5 241 51914 2298.9 18.1 5.50 0.2 7.5 1609 11877.4 924.6 1609H 22564.4 -15 2259.8 215 56.10 0 32.89 165.3 55553 437.95 456/291 59540 15.0
Hind. Oil Explor 10 1603 130.5 21 28 6.6 0.5 - 0.0 2.4 1609 5.6 13.1 1609H 11.6 -30 22.4 2343 0.00 0 2.99 80.2 844 64.70 74/26 792 30.1
Jindal Drilling 5 1603 14.5 290 320 30.1 10.4 0.50 0.1 3.6 1609 109.7 6.2 1609H 202.4 25 15.7 17 64.03 0 0.09 12.9 485 167.25 217/103 572 15.0
*Oil India Ltd. 10 1603 601.1 371 9765 2330.1 38.8 16.00 0.4 10.4 1609 2331.4 580.3 1609H 4552.6 -16 1074.7 -26 67.64 0 17.04 120.7 27090 450.65CB 454/301 26876 13.9
ONGC 5 1603 6416.6* 118 78368 16003.6 12.5 8.50 0.0 10.5 1609 18395.0 4974.9 1609H 36179.8 -16 9207.5 -8 68.93 0 17.30 576.7 245692 191.45XB 210/125 2 35736 1 6.3
68 PACKAGING
IND. COMPOSITE 326 11670 731 23
Essel Propack Ltd. 2 1603 31.4 35 743 115.7 7.4 2.20 0.3 20.9 1609 232.5 16.9 1609H 452.2 23 36.4 -54 57.02 0 17.77 32.0 3861 245.75 264/133 4032 52.6
Flexituff Internatio 10 1603 24.9 152 1156 4.0 1.6 - 1.5 1.1 1609 315.1 6.9 1609H 601.2 6 3.7 27 32.88 100 18.04 0.9 435 175.00 245/163 965 91.1
Huhtamaki PPL 2 1512 14.5 80 1151 49.1 6.8 2.80 0.7 8.4 1609 321.3 6.9 1609N 956.0 11 33.3 -16 68.76 0 6.90 14.8 1760 242.00 327/177 2148 41.1
Jindal Poly Films 10 1603 43.8 412 2644 205.8 47.0 1.00 0.4 11.4 1609 618.2 40.1 1609H 1214.9 -9 80.6 -45 74.54 0 4.03 45.8 1394 318.45 539/300 2029 9.9
Max India 2 1603 53.5* 61 68 14.3 0.5 - 0.0 0.9 1609 17.7 2.0 1609H 32.6 -18 2.3 -82 40.40 19 50.86 40.2 3742 140.00 200/119 3741 -
Oricon Enterprises L 2 1603 31.4 31 61 15.8 1.0 0.50 0.2 3.3 1609 7.4 0.6 1609H 23.2 -28 3.2 -53 66.95 2 8.27 16.5 800 50.95 74/41 884 -
Polyplex Corpn. 10 1603 32.0 135 951 27.0 8.4 3.00 0.3 6.3 1609 233.4 3.3 1609H 471.6 -5 19.4 108 50.02 0 8.25 13.0 1189 371.85 386/196 1310 32.1
Time Technoplast Ltd 1 1603 22.6* 40 1407 99.1 4.4 0.55 0.5 10.9 1609 372.4 19.9 1609H 719.4 10 37.3 26 57.91 20 32.92 17.7 2078 91.90 109/42 2507 19.5
Uflex Ltd. 10 1603 72.2 258 3487 199.7 27.7 3.20 0.4 10.7 1609 935.8 59.8 1609H 1786.5 -0 106.3 17 44.01 0 11.91 45.9 1970 272.80 334/132 2563 9.2
69 PAINTS/VARNISHES
IND. COMPOSITE 294 23349 3046 43
*Akzo Nobel India Ltd 10 1603 46.7 156 2740 202.1 43.3 70.00 0.0 27.7 1609 687.5 41.6 1609H 1390.9 6 105.8 23 72.96 0 10.39 44.5 6584 1411.15 1740/1204 6529 29.7
Asian Paints Ltd. 1 1603 95.9 52 12646 1597.4 16.7 7.50 0.0 32.2 1609 3553.2 435.3 1609H 6961.0 10 936.5 17 52.79 13 26.28 159.9 85498 891.35 1230/825 85375 48.7
Berger Paints I 1 1603 97.1* 16 4133 354.9 3.7 1.65 0.0 23.5 1609 1021.1 161.3 1609H 2056.8 8 275.6 73 74.99 0 14.49 60.2 20443 210.55XB 277/157 20447 43.3
Kansai Nerolac Paint 1 1603 53.9 42 3830 891.1 16.5 3.05 0.0 38.9 1609 1133.8 139.3 1609H 2324.4 18 265.8 39 74.22 0 15.69 31.6 17240 319.90 403/251 16791 17.8
70 PAPER
IND. COMPOSITE 576 10613 448 25
Ballarpur Ind. 2 1603 131.1 25 588 17.8 0.3 - 1.0 1.1 1609 40.3 -299.5 1609H 150.7 -44 -331.8 -2563 49.42 100 24.28 78.3 1016 15.50 22/12 2583 -
Emami Paper Mill 2 1603 12.1 64 539 27.9 4.6 0.60 2.7 7.2 1609 304.7 13.6 1609H 557.6 112 21.6 438 74.97 0 0.00 2.2 674 111.45 152/37 1570 14.8
International Paper 10 1603 39.8 113 1160 36.9 9.3 - 1.0 8.2 1609 257.2 -21.1 1609H 570.0 2 -5.7 -461 74.99 0 3.37 12.8 1173 295.05 349/216 1611 39.6
JK Paper Ltd. 10 1603 156.0 58 2455 79.6 5.1 0.50 1.7 8.8 1609 720.7 44.0 1609H 1358.6 15 70.6 93 54.98 0 15.28 24.9 1332 85.40 102/40 2883 11.7
Kushal Tradelink Ltd 2 1603 23.7 5 339 21.7 1.8 2.00 0.7 39.2 1609 55.6 1.2 1609H 139.6 1 2.3 -8 66.58 0 0.36 19.7 6535 550.85 551/80 6564 110.9
Seshasayee Paper 10 1603 12.6 334 1031 35.6 28.2 5.00 0.6 8.4 1609 267.3 30.7 1609H 516.0 10 54.8 336 43.02 0 9.48 11.7 871 690.75 840/196 1116 11.2
Shree Rama Newsprint 10 1603 118.2 1 384 -34.2 -2.9 - 17.6 - 1609 112.3 -2.6 1609H 205.2 30 -7.3 68 74.72 0 0.12 90.2 409 34.60 38/18 712 -

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
T Nadu Newsprint 10 1603 69.2 209 2418 253.9 36.7 7.50 1.7 17.6 1609 679.0 70.6 1609H 1435.4 19 140.1 26 35.31 0 35.90 29.3 2303 332.80 392/186 4746 8.2
West Coast Paper 2 1603 13.2 91 1700 8.9 1.3 1.00 1.1 1.5 1609 445.7 25.4 1609H 854.9 6 40.4 356 55.58 1 12.73 16.6 872 131.95 149/53 1499 13.4
71 PESTICIDES/AGRO CHEMICALS
IND. COMPOSITE 370 19425 2003 39
Astec Lifesciences L 10 1603 19.5* 60 246 -20.2 -10.4 - 1.0 - 1609 89.7 11.2 1609H 159.9 36 14.9 642 63.47 0 1.69 10.4 1206 618.50 695/171 1317 -
BayerCropscience 10 1603 35.4 497 3743 300.9 85.1 17.00 0.0 17.1 1609 1104.0 159.1 1609H 1925.0 -25 290.3 13 68.57 0 20.02 21.8 14887 4210.95 4627/3115 14124 44.5
Bharat Rasayan 10 1603 4.2 345 456 33.9 79.7 1.20 0.8 23.1 1609 193.9 16.6 1609H 360.8 39 31.1 38 74.79 0 0.00 4.4 764 1799.00 2131/810 871 18.0
Dhanuka Agritech Ltd 2 1603 10.0 96 829 107.3 21.5 6.50 0.0 22.3 1609 310.2 49.2 1609H 509.0 13 68.6 22 74.98 0 8.47 10.8 3663 732.30 777/473 3668 30.6
Excel Crop Care Ltd. 5 1603 5.5* 345 877 59.6 54.1 12.50 0.0 15.7 1609 277.4 25.2 1609H 549.2 3 62.0 24 24.71 0 9.57 10.8 1874 1702.55 2009/897 1883 26.2
Excel Industries 5 1603 6.9* 151 448 25.2 18.3 4.50 0.4 12.1 1609 124.0 6.9 1609H 247.3 8 19.1 22 52.38 0 8.12 13.0 475 346.25 496/140 549 16.6
Insecticides (India) 10 1603 20.7 198 988 39.3 19.0 2.00 0.4 9.6 1609 467.5 28.7 1609H 772.4 18 46.8 24 68.74 0 17.67 11.4 1007 487.05 544/297 1177 20.8
Meghmani Organics Lt 1 1603 25.4 24 981 40.1 1.6 0.30 0.6 6.6 1609 298.9 12.5 1609H 593.8 18 19.8 14 50.14 0 2.99 60.2 949 37.30 52/18 1301 22.3
Monsanto India 10 1603 17.3 239 542 101.3 58.7 30.00 0.0 24.5 1609 96.5 0.9 1609H 336.8 12 57.5 58 72.14 0 7.58 22.2 3885 2250.75 2745/1520 3879 31.8
PI Industries 1 1603 13.8* 84 2097 313.4 22.8 3.10 0.1 27.1 1609 544.1 101.4 1609H 1183.0 18 228.2 57 51.71 0 35.38 23.2 11453 832.40 922/495 11534 28.9
Rallis India 1 1603 19.4 45 1306 126.0 6.5 2.50 0.0 14.6 1609 503.6 73.2 1609H 763.9 7 199.8 189 50.09 0 18.64 40.0 3732 191.90 246/142 3749 14.5
*Sharda Cropchem 10 1603 90.2 81 932 170.4 18.9 3.00 0.0 23.3 1609 179.1 21.6 1609H 421.3 15 54.5 -9 74.99 0 20.15 17.7 4010 444.45 472/203 3958 24.3
*UPL 2 1603 101.4* 80 5983 705.7 13.9 5.00 0.3 17.5 1609 1841.5 67.3 1609H 3507.6 11 369.2 4 27.74 5 53.13 59.0 32780 646.65 730/342 34085 55.8
72 PETROCHEM
IND. COMPOSITE 1912 40370 1997 26
*DCW Ltd. 2 1603 43.9 27 1272 18.5 0.8 - 1.3 3.1 1609 299.8 8.9 1609H 584.3 -11 10.0 -32 48.83 0 9.14 50.6 644 29.30 40/19 1377 -
Finolex Industri 10 1603 124.1 77 2453 233.6 18.8 10.00 0.1 24.4 1609 456.8 51.3 1609H 1129.7 3 149.4 33 52.47 0 12.34 122.8 5412 436.10 498/260 5513 20.0
GujaratStatePetronet 10 1603 563.5* 70 992 444.5 7.9 1.50 0.2 11.2 1609 258.0 129.8 1609H 516.1 1 251.1 13 37.67 0 36.13 127.1 7858 139.45 173/119 8103 16.6
INEOS Styrolution 10 1603 17.6 295 1597 62.8 35.7 4.00 0.3 12.1 1609 393.3 19.2 1609H 773.6 29 34.2 25 74.99 0 5.48 13.7 1033 587.20 775/475 1177 14.8
Manali Petrochem 5 1603 86.0 16 579 48.2 2.8 0.50 0.0 17.1 1609 138.2 10.4 1609H 293.6 -14 21.2 -32 44.81 0 1.66 130.3 568 33.05 48/21 564 14.9
NOCIL Ltd. 10 1603 161.9* 29 715 77.7 4.8 1.20 0.0 16.6 1609 181.3 46.0 1609H 374.1 2 69.2 98 37.61 42 2.30 113.5 1090 67.30 82/38 1099 9.7
PetronetLNG 10 1603 750.0 85 27133 914.0 12.2 2.50 0.3 14.3 1609 6614.4 459.6 1609H 11951.7 -25 837.4 68 49.99 0 37.65 272.4 27578 367.70 411/230 27456 21.9
Savita Oil Tech 10 1603 14.6 404 1502 34.3 23.5 5.00 0.0 5.8 1609 360.3 23.8 1609H 702.8 -7 44.0 104 71.58 0 15.35 8.7 1062 727.00 815/440 1064 18.7
Sheela Foam 5 1603 24.4* 65 1265 90.2 18.5 - 0.1 28.3 - - - - - - - - - 0 0.00 - 4548 932.20 1170/860 4387 -
Signet Industries 1 1603 29.4 4 794 17.4 0.6 0.05 1.8 16.6 1609 198.1 6.0 1609H 442.2 25 10.3 -10 73.58 0 0.00 3.2 612 20.80 75/16 758 -
Supreme Petroche 10 1603 96.5 43 2068 56.0 7.7 1.50 0.0 13.5 1609 626.9 28.6 1609H 1361.2 100 74.2 17 60.84 0 0.80 49.4 1910 197.90 255/96 1839 12.3
73 PHARMACEUTICALS
IND. COMPOSITE 2268 128393 19740 26
Aarti Drugs Ltd 10 1603 24.2 145 1075 66.3 27.4 6.75 1.2 18.9 1609 287.2 20.1 1609H 556.3 7 37.4 15 62.64 0 4.61 16.4 1465 605.15 684/431 1894 20.6
Abbott India Ltd. 10 1603 21.2 521 2628 259.6 122.2 35.00 0.0 23.4 1609 729.4 75.0 1609H 1467.6 15 149.0 14 74.98 0 8.65 22.0 9988 4700.35 6050/4360 9148 35.9
Ajanta Pharma Lt 2 1603 17.6 128 1552 414.5 47.1 8.00 0.1 36.9 1609 477.7 121.0 1609H 895.6 23 220.9 26 73.77 6 12.50 33.3 15695 1783.45 2150/1103 15722 34.1
Alembic Ltd. 2 1603 53.4 11 126 24.7 0.9 - 0.0 8.5 1609 48.3 22.6 1609H 78.4 7 24.0 -20 64.97 0 9.04 53.3 979 36.65 52/32 976 -
Alembic Pharmaceutic 2 1603 37.7 81 2992 698.1 37.0 - 0.0 45.6 1609 829.6 113.8 1609H 1514.5 1 233.6 -29 74.35 0 13.78 51.7 11226 595.50 714/514 10941 18.6
Alkem Laboratories 2 1603 23.9 297 3925 638.4 53.4 12.70 0.1 17.9 1609 1327.2 295.1 1609H 2502.1 21 546.6 32 66.88 0 7.04 68.4 19448 1626.60 1853/1175 19278 25.1
*Amrutanjan Health Ca 2 1603 2.9 82 184 22.4 15.3 3.85 0.0 18.6 1609 55.2 7.9 1609H 89.9 21 10.1 11 50.17 0 2.82 18.8 768 525.50 662/377 720 32.8
Anuh Pharma Ltd 5 1603 12.5 48 326 25.8 10.3 2.50 0.0 21.6 1609 50.2 4.9 1609H 99.3 -44 8.8 -43 71.14 0 0.30 11.0 531 211.95 342/159 520 27.8
AstraZeneca Pharma I 2 1603 5.0 62 564 5.3 2.1 - 0.0 3.4 1609 138.2 0.8 1609H 277.7 7 11.4 386 75.00 0 11.85 15.7 2313 925.05 1348/915 2236 112.3
Aurobindo Pharma 1 1603 58.5 116 9166 1619.7 27.7 2.50 0.4 23.8 1609 2410.2 419.2 1609H 4839.8 8 810.3 8 53.78 3 34.38 134.3 39151 669.05 895/582 41729 23.3
Biocon 5 1603 100.0 164 2324 808.8 40.4 5.00 0.1 24.6 1609 617.6 70.0 1609H 1313.4 14 211.4 20 60.68 0 21.01 100.2 19022 951.10 1020/431 18396 47.1
Bliss GVS Pharma 1 1603 10.3 42 326 65.6 6.4 0.50 0.1 15.2 1609 97.0 20.1 1609H 162.9 -6 33.9 -14 60.16 0 5.38 17.7 1598 154.90 185/79 1603 26.7
Cadila Healthcar 1 1603 102.4 60 7035 1977.3 19.3 3.20 0.2 32.2 1609 1118.3 109.0 1609H 2412.3 -38 274.1 -77 74.79 0 17.12 89.8 36471 356.25 429/296 37342 33.7
Caplin Point Lab 2 1603 15.1 16 231 45.3 8.0 1.20 0.0 35.4 1609 82.6 16.8 1609H 162.2 140 31.2 146 69.08 0 4.91 17.9 2588 342.55 425/167 2524 41.5
Cipla 2 1603 160.9* 153 12034 1398.0 17.4 2.00 0.1 11.3 1609 2814.0 329.2 1609H 5604.4 -15 607.9 -50 36.74 0 34.59 225.9 45706 568.20 658/458 46784 49.9
Claris Lifesciences 10 1603 54.6 154 547 -6.4 -1.2 2.00 0.0 - 1609 16.5 5.0 1609H 45.5 -84 9.0 151 52.56 15 26.77 20.5 1746 320.05 430/126 1713 -
Dishman Pharmaceutic 2 1603 32.3* 52 510 87.2 5.4 2.00 0.6 10.4 1609 120.5 37.8 1609H 213.1 -10 46.2 -4 61.40 1 23.00 43.9 3484 215.85XB 268/128 4017 40.8
Divi’s Lab 2 1603 53.1 164 3721 1107.7 41.7 10.00 0.0 25.5 1609 1005.4 223.8 1609H 2022.6 13 525.7 -3 52.06 0 34.44 43.3 20789 783.10 1380/745 20773 19.0
Dr. Reddy’s Labs 5 1603 82.9* 700 10208 1354.5 81.7 20.00 0.3 11.7 1609 2627.5 313.2 1609H 4791.2 -12 722.3 -39 26.67 3 43.63 116.5 50687 3058.50 3689/2750 52503 55.1
FDC Ltd. 1 1603 17.8 59 997 156.8 8.8 2.25 0.0 15.0 1609 280.7 67.0 1609H 545.1 5 116.0 29 68.88 0 13.67 24.2 3934 221.20 240/166 3921 21.5
GlaxoSmithKline Phar 10 1603 84.7 203 2757 375.2 44.3 50.00 0.0 21.9 1609 799.1 98.8 1609H 1504.5 10 171.1 -10 74.99 0 11.98 99.0 23127 2730.35 3850/2600 21795 64.8
Glenmark Pharma 1 1603 28.2 258 6113 1468.4 52.0 2.00 0.1 20.1 1609 2171.4 555.8 1609H 3838.6 34 1074.6 51 46.48 0 41.59 83.6 25072 888.55 993/672 25773 13.6
Granules India L 1 1603 22.1* 29 1328 121.0 5.5 0.65 0.5 19.0 1609 341.5 33.5 1609H 685.0 4 69.1 21 51.04 31 9.08 74.4 2388 107.95 152/91 2609 18.0
Gufic BioSciences Lt 1 1603 7.7 4 202 7.3 0.9 0.05 1.2 21.6 1609 64.4 2.6 1609H 119.8 35 5.2 93 69.97 0 0.38 12.7 412 53.20 62/33 445 41.9
Hester Biosciences L 10 1603 8.5 118 101 19.2 22.6 4.10 0.3 19.2 1609 29.6 6.0 1609H 59.8 23 12.0 34 54.07 0 1.99 5.9 612 719.25 825/337 641 27.5
Hikal Ltd. 2 1603 16.4 56 926 41.3 5.0 1.00 1.0 7.3 1609 232.3 15.2 1609H 453.5 15 26.2 294 68.76 0 12.47 8.8 1748 212.60 241/117 2197 28.7
Indoco Remedies 2 1603 18.4 63 1000 83.3 9.0 1.60 0.2 14.3 1609 281.0 22.1 1609H 538.2 13 41.9 -2 59.15 0 21.55 14.2 2392 259.55 360/244 2504 29.0
*Ipca Laboratorie 2 1603 25.2 183 2816 91.5 7.2 - 0.3 4.0 1609 872.0 55.0 1609H 1714.2 14 102.5 208 46.01 0 37.91 62.0 6713 531.95 750/402 7146 41.1
J B Chemicals & Phar 2 1603 17.0 135 1148 176.4 20.8 5.00 0.2 15.4 1609 296.6 45.2 1609H 605.8 6 95.1 14 55.76 0 12.24 31.5 2973 350.55 404/228 3137 15.8
Jubilant Life Scienc 1 1603 15.9 124 2656 79.1 5.0 3.00 0.8 4.0 1609 575.7 24.1 1609H 1162.6 -16 45.1 -23 54.02 6 26.25 32.7 10046 630.70 726/273 11561 1 52.5
Laurus Labs 10 1603 105.8* 84 1781 143.6 13.6 2.00 1.2 16.1 - - - - - - - - - 0 0.00 - 5073 479.70 499/453 5978 -
Lupin Ltd. 2 1603 90.3* 257 11280 2885.1 63.9 7.50 0.0 24.9 1609 2951.3 653.1 1609H 6531.2 27 1732.8 47 46.73 0 41.71 197.7 66976 1483.70 1912/1294 67333 19.7
Marksans Pharma 1 1603 40.9 10 358 71.5 1.7 0.12 0.1 17.4 1609 62.2 2.6 1609H 104.0 -53 3.2 -94 48.24 0 15.53 100.2 1631 39.85 108/33 1669 -
Merck Ltd. 10 1512 16.6 356 940 53.6 32.3 7.50 0.0 9.1 1609 268.9 27.5 1609N 744.8 6 57.7 48 51.80 0 12.12 33.9 1656 997.50 1060/623 1467 22.9
Morepen Labs.Lt 2 1603 90.0 5 452 15.8 0.4 - 0.8 7.5 1609 139.8 7.0 1609H 258.3 19 11.0 93 34.54 0 18.91 133.8 913 20.30 42/19 952 -
*Natco Pharma 2 1603 34.8 77 1021 174.5 10.0 1.25 0.1 13.1 1609 456.3 69.5 1609H 780.8 97 120.4 75 51.28 0 25.88 44.0 10113 580.60 704/390 10168 43.7
Nectar Lifesciences 1 1603 22.4 45 1676 59.3 2.6 0.10 0.9 5.9 1609 414.7 16.1 1609H 769.1 -4 28.4 -18 55.79 56 4.41 35.2 738 32.90 57/29 1574 13.9
Neuland Laborat 10 1603 8.9* 206 510 26.4 29.7 2.00 0.9 14.3 1609 149.6 10.4 1609H 299.4 20 20.1 49 51.68 4 9.03 8.4 914 1028.70 1105/494 1074 27.7
Novartis 5 1603 14.1 412 808 198.6 70.6 10.00 0.0 17.1 1609 175.1 22.2 1609H 346.4 -23 41.3 -65 73.40 0 1.40 44.2 1896 673.85 895/600 783 15.5
Panacea Biotec L 1 1603 6.1 86 647 0.9 0.1 - 1.9 0.2 1609 137.2 -11.8 1609H 260.8 -10 -31.5 42 74.59 35 0.13 10.6 718 117.30 155/84 1706 30.9
Pfizer Ltd. 10 1603 45.7 463 2017 222.8 48.7 15.00 0.0 10.5 1609 557.7 126.3 1609H 1078.5 8 206.4 79 63.92 0 13.08 86.7 8253 1803.95 2445/1611 7231 26.3
*Piramal Enterprises 2 1603 34.5 706 3517 1061.2 61.5 17.50 1.0 8.7 1609 1212.6 447.6 1609H 2253.9 52 705.2 64 51.46 0 30.86 90.4 27973 1621.05 2095/835 40335 22.3
RPG Life Sciences 8 1603 13.2* 81 279 11.6 7.0 1.60 0.2 8.7 1609 78.6 10.3 1609H 166.0 22 20.1 328 66.78 0 0.39 14.9 792 478.90 535/196 813 29.3
Sanofi India 10 1512 23.0 706 2193 321.5 139.6 65.00 0.0 19.8 1609 624.2 80.6 1609N 1776.6 9 246.5 22 60.39 0 29.13 18.4 9896 4296.80 4770/3850 9324 27.0

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Sequent Scientific 2 1603 48.7* 39 397 7.1 0.3 - 0.0 0.7 1609 91.8 -0.6 1609H 178.4 -19 -2.6 -141 57.23 28 20.02 6.3 2684 110.10 259/102 2718 -
Shilpa Medicare L 1 1603 8.0* 84 676 110.3 13.8 0.60 0.1 16.4 1609 194.1 33.2 1609H 352.4 15 57.3 26 56.89 0 15.34 13.4 5540 691.40 787/355 5604 45.3
SMS Pharmaceuticals 1 1603 8.5 35 603 41.6 4.9 0.20 0.6 14.1 1609 178.4 11.3 1609H 324.3 17 20.5 16 63.87 4 0.04 15.1 738 87.15 127/72 909 16.6
Strides Shasun L 10 1603 89.4* 351 2203 161.1 18.0 4.00 0.5 5.1 1609 516.6 30.7 1609H 1030.6 0 57.9 108 31.13 10 47.90 71.6 9478 1060.60 1324/848 10809 56.8
Sun Pharma. 1 1603 240.7 89 7614 -1073.4 -4.5 1.00 0.3 - 1609 2029.4 184.5 1609H 3807.7 -3 33.1 103 54.97 3 33.34 501.5 151565 629.75 898/572 1 57059 -
Suven Life Sciences 1 1603 12.7 49 500 95.0 7.5 2.00 0.1 15.2 1609 115.5 26.6 1609H 248.8 14 59.1 32 60.00 0 7.30 63.4 2212 173.75 269/144 2038 20.3
Themis Medicare Ltd. 10 1603 9.0* 72 203 15.1 16.7 - 1.3 23.2 1609 56.4 7.1 1609H 113.2 5 12.6 45 67.05 0 0.01 4.4 506 560.45 709/251 580 26.7
Torrent Pharmac 5 1603 84.6* 218 5429 1763.3 104.2 35.00 0.5 47.8 1609 1058.0 169.0 1609H 2382.0 -31 506.0 -67 71.24 0 18.15 46.4 22261 1315.50 1768/1186 23976 26.3
Unichem Labs 2 1603 18.2* 113 1222 100.6 11.1 2.00 0.0 9.8 1609 364.2 20.5 1609H 701.6 14 46.3 -11 50.08 0 17.17 23.6 2328 256.15 320/189 2325 24.5
Vivimed Labs 2 1603 16.2 46 319 8.1 1.0 - 1.3 2.2 1609 67.7 1.7 1609H 140.1 -13 3.9 -13 37.23 87 2.74 11.4 726 89.65 121/68 1204 -
Wockhardt Ltd. 5 1603 55.3* 99 2225 32.8 3.0 - 1.8 3.0 1609 598.3 146.2 1609H 1211.6 12 162.5 312 74.16 0 8.72 107.0 7271 657.70 1647/627 8152 28.9
74 PLANTATIONS - TEA A ND C OFFEE
Bombay Burmah 2 1603 14.0 30 242 -33.1 -4.8 1.00 1.4 - 1609 71.5 -10.0 1609H 136.6 4 -13.6 -107 65.90 4 5.67 17.9 3593 515.00 673/311 3889 -
CCL Products India 2 1603 26.6 34 677 81.9 6.2 2.50 0.3 18.3 1609 100.0 9.2 1609H 273.3 -19 33.8 -18 44.72 0 24.94 15.8 3546 266.55 286/154 3656 47.7
Goodricke Group 10 1603 21.6 88 744 -12.9 -4.8 4.00 0.0 - 1609 185.3 48.6 1609H 310.2 203 63.0 5102 74.00 0 0.01 14.6 464 214.80 241/150 453 -
McLeod Russel 5 1603 54.7 120 1507 14.6 1.3 2.00 0.5 0.8 1609 442.9 132.1 1609H 617.0 -9 114.7 31 49.89 22 36.24 62.3 1526 139.45 220/130 2123 -
Tata Coffee Ltd. 1 1603 18.7 41 718 102.5 5.5 1.30 0.1 13.5 1609 190.4 32.4 1609H 396.7 8 59.4 51 57.48 29 6.30 64.4 2113 113.15 150/82 2179 17.3
Tata Global Beverage 1 1603 63.1 46 3084 563.7 8.9 2.25 0.0 19.5 1609 759.1 86.3 1609H 1580.9 2 159.6 -7 34.40 5 33.25 178.8 7703 122.05 158/100 7516 14.1
75 PLASTICS - OTHERS
IND. COMPOSITE 216 13175 814 34
Arrow Greentech 10 1603 11.7 23 23 11.0 9.4 4.50 0.0 40.2 1609 8.5 5.2 1609H 15.7 39 8.9 98 70.95 0 1.09 5.2 579 493.25 835/382 574 37.4
Astral Poly Technik 1 1603 12.0* 62 1333 72.5 6.1 0.40 0.2 9.8 1609 334.3 21.5 1609H 651.5 6 37.8 12 59.34 5 23.59 14.6 4706 392.90 526/334 4780 61.5
Cosmo Films 10 1603 19.5* 255 1440 108.3 55.5 10.00 0.7 21.7 1609 366.0 27.1 1609H 715.8 -4 54.3 25 43.51 0 3.99 22.2 649 332.75 431/213 958 5.5
Kingfa Science & Tec 10 1603 10.1 118 314 10.8 10.7 - 0.1 9.0 1609 112.1 4.2 1609H 200.1 34 6.7 302 74.99 0 0.06 6.1 857 847.90 1270/441 867 54.0
Mayur Uniquoters 5 1603 22.9 75 511 82.5 18.0 3.50 0.1 24.1 1609 134.3 19.8 1609H 276.7 5 43.4 11 61.19 0 14.97 16.4 1557 340.05 480/324 1563 18.0
Mold-Tek Packaging 5 1603 13.9* 47 276 24.1 8.7 3.25 0.2 18.7 1609 75.9 6.6 1609H 159.1 16 14.5 33 34.82 0 17.87 12.0 532 191.90 235/104 556 19.2
Nilkamal Ltd. 10 1603 14.9 392 1870 103.9 69.6 7.00 0.1 17.8 1609 468.6 26.3 1609H 929.3 -1 58.0 14 64.13 0 6.98 14.5 1886 1263.65 1840/884 1958 17.0
Plastiblends Ind 5 1603 6.5 142 518 37.7 29.0 7.00 0.4 20.4 1609 135.7 7.9 1609H 278.8 10 16.3 -16 62.06 0 1.86 9.7 589 453.35 579/320 669 17.0
Responsive Industrie 1 1603 26.7 22 1837 17.9 0.7 0.10 0.5 3.1 1609 460.2 5.6 1609H 929.0 3 12.7 52 60.41 0 8.37 1.7 1735 65.00 119/62 1991 -
Safari Indus. 10 1603 4.2 220 277 7.8 18.8 1.20 0.6 8.6 1609 78.4 1.1 1609H 165.7 23 3.2 -31 61.98 0 20.08 3.0 452 1088.75 1225/772 505 70.6
Shaily Engineering P 10 1603 8.3 108 226 15.5 18.6 4.00 0.6 17.3 1609 65.0 4.0 1609H 124.2 7 7.3 -4 53.28 0 8.07 2.8 426 512.00 704/439 464 28.0
Supreme Inds. 2 1603 25.4 96 2975 213.1 22.4 7.50 0.2 17.4 1609 882.7 57.5 1609H 2071.8 62 159.1 13 49.71 0 28.63 32.2 11480 903.75 1023/645 11680 34.2
VIP Indus. 2 1603 28.3 24 1216 63.4 4.5 2.00 0.0 18.9 1609 285.4 16.3 1609H 660.6 2 45.3 11 52.50 0 19.94 42.4 1655 117.10 157/85 1662 24.4
Wim Plast Ltd 10 1603 12.0* 186 359 45.1 37.6 12.00 0.0 20.3 1609 77.1 9.1 1609H 176.6 5 22.6 25 74.95 0 3.34 6.3 1796 1496.35XB 1660/776 1771 36.2
76 POWER - GENERATION/ D IS T RIBUTION
IND. COMPOSITE 42020 163831 2 0872 13
Adani Power Ltd. 10 1603 3500.9* 26 12704 5.6 0.0 - 2.7 0.1 1609 2833.7 -135.5 1609H 5706.4 -5 -140.8 -57 64.02 47 27.33 363.0 10538 30.10 36/22 34221 -
BF Utilities Ltd. 5 1603 18.8 21 5 -1.0 -0.5 - 0.9 - 1609 9.6 5.2 1609H 15.9 -0 8.0 -17 65.63 0 1.16 43.6 1475 391.65 724/364 1544 -
CESC Ltd. 10 1603 132.6 596 6493 707.0 53.3 10.00 0.6 8.2 1609 2016.0 242.0 1609H 4028.0 8 416.0 2 49.91 0 42.14 36.5 8441 636.75 683/405 12029 10.9
Guj. Industries 10 1603 151.3 131 1352 188.4 12.5 2.70 0.2 9.5 1609 315.0 50.5 1609H 669.0 4 105.5 14 58.20 0 18.57 57.2 1450 95.85 110/74 1637 7.2
GVK Power & Infrastr 1 1603 157.9 14 27 -129.6 -0.8 - 0.1 - 1609 7.1 -13.4 1609H 13.9 3 -64.5 -371 54.25 0 8.16 282.9 854 5.41 9/4 997 -
*India Power Corp 1 1603 97.4 10 586 31.9 0.3 0.05 0.8 3.2 1609 125.2 2.7 1609H 254.6 -21 7.8 10 68.31 0 0.12 2.2 3515 36.10 41/10 4298 -
*Jaiprakash Power Ven 10 1603 2938.0 26 3884 -294.5 -1.0 - 1.6 - 1609 663.0 -161.7 1609H 1416.5 -40 -357.8 -252 63.60 83 8.68 322.9 1163 3.96 8/4 12989 -
JSW Energy Ltd. 10 1603 1640.1 50 5959 965.9 5.9 2.00 0.5 11.8 1609 815.4 -8.3 1609H 2114.2 -22 216.8 -51 74.99 44 20.51 110.5 9963 60.75 88/54 14069 11.4
KSK Energy Ventures 10 1603 424.0 71 22 -55.6 -1.3 - 0.2 - 1609 4.6 -23.9 1609H 9.0 -20 -44.0 -302 68.12 96 17.60 19.1 638 15.05 55/12 1317 -
NHPC 10 1603 11070.7 26 7434 2440.1 2.2 1.50 0.6 8.5 1609 2403.4 1554.7 1609H 4600.1 6 2412.5 20 74.59 0 14.15 847.3 29393 26.55 28/19 41901 10.1
NLC India L 10 1603 1677.7 92 6669 1204.2 7.2 3.00 0.2 7.8 1609 2056.7 300.4 1609H 3938.5 11 531.2 -25 90.00 0 4.74 88.8 12826 76.45 86/60 12840 12.5
*NTPC 10 1603 8266.1* 107 70507 10242.9 12.4 3.35 1.0 11.5 1609 19397.9 2496.0 1609H 38460.8 10 4834.6 -9 69.74 0 28.07 645.7 136142 164.70 170/117 2 18119 13.5
Orient Green Power C 10 1603 739.8 13 - -168.5 -2.3 - 0.3 - 1609 0.2 -14.6 1609H 6.3 -68 -31.4 53 71.51 50 7.75 29.3 699 9.45 18/8 967 -
PTC India 10 1603 296.0 94 12799 233.6 7.9 2.50 0.0 8.4 1609 4049.6 113.1 1609H 7693.9 13 169.5 14 16.21 0 60.80 142.5 2177 73.55 88/56 2016 8.6
RattanIndia Power 10 1603 2952.9 19 2775 116.7 0.4 - 1.3 2.1 1609 261.1 -50.7 1609H 902.0 -6 -45.8 79 57.48 93 17.80 135.8 2038 6.90 13/6 9257 -
Reliance Infrastruct 10 1603 263.0 809 9961 1985.8 75.5 8.50 0.7 9.1 1609 1969.2 245.4 1609H 4486.4 -12 642.7 -8 48.35 57 36.73 1 098.2 12283 467.05 635/387 26471 6.4
Reliance Power L 10 1603 2805.1 58 85 402.7 1.4 1.00 0.3 2.5 1609 34.7 4.7 1609H 65.1 45 22.9 -92 74.98 58 11.10 3 561.2 11571 41.25 61/38 16248 28.3
SJVN Ltd. 10 1603 4136.6 27 2498 1408.5 3.4 1.10 0.2 12.7 1609 848.6 521.9 1609H 1589.4 -3 1001.8 -5 89.96 0 7.23 83.5 12451 30.10 35/26 11031 9.2
Tata Power Co. 1 1603 270.5 58 8438 771.6 2.9 1.30 0.8 4.8 1609 1720.4 447.3 1609H 3594.2 -19 594.3 -14 33.02 5 50.57 305.6 20474 75.70 84/55 32448 24.2
Torrent Power Ltd. 10 1603 480.6 155 11633 816.0 17.0 4.50 1.1 10.9 1609 2675.7 138.7 1609H 5259.4 -15 169.3 -62 53.56 0 21.58 124.7 8581 178.55 253/159 15945 14.6
77 POWER - TRANSMISSIO N/E Q UIPMENT
IND. COMPOSITE 6555 38191 6365 17
Adani Transmission L 10 1603 1099.8 20 274 -53.7 -0.5 - 2.3 - 1609 191.8 -14.9 1609H 222.8 237 -41.0 3 74.99 32 19.39 59.5 6214 56.50 66/26 11329 -
GE Power India 10 1603 67.2 138 1727 -78.8 -11.7 - 0.0 - 1609 479.7 -97.1 1609H 865.2 -10 -160.2 -239 68.57 0 16.96 41.0 3228 480.10 702/441 2715 -
GE T&D India 2 1603 51.2 52 3420 77.5 3.0 1.80 0.4 5.8 1609 835.0 20.5 1609H 1690.9 -2 -176.9 -369 75.01 0 15.84 45.2 7665 299.35 480/285 8107 -
Kalpataru Power 2 1603 30.7 147 4365 199.5 13.0 1.50 0.2 8.8 1609 1115.4 57.8 1609H 2269.2 7 122.3 37 59.45 40 29.88 19.8 3805 247.95 287/160 4257 16.4
KEC International Lt 2 1603 51.4 48 6464 158.0 6.1 1.00 1.4 12.7 1609 1795.7 48.9 1609H 3288.8 16 78.6 89 50.86 0 31.87 75.2 3603 140.15 164/97 5242 18.5
*Power Grid Corpo 10 1603 5231.6 82 20802 6026.7 11.5 2.31 2.4 14.1 1609 6254.9 1872.0 1609H 12374.7 29 3673.8 32 57.89 0 35.20 674.4 95974 183.45 196/129 1 95760 1 3.9
Transformers & Recti 10 1603 13.3 241 576 -8.5 -6.4 - 0.4 - 1609 263.2 9.6 1609H 422.4 109 10.4 170 74.89 22 5.53 29.4 448 338.15 389/196 555 -
Voltamp Transformers 10 1603 10.1 464 563 44.0 43.5 12.50 0.0 9.4 1609 160.8 21.0 1609H 275.9 25 30.1 128 47.48 0 36.86 13.8 899 889.00 1003/666 898 14.8
78 PROJECT CONSULTANCY/TU R NKEY
IND. COMPOSITE 1448 5598 184 35
*Engineers India 5 1603 336.9* 40 1496 258.3 3.8 4.00 0.0 9.7 1609 338.9 93.8 1609H 680.7 -19 174.1 33 59.36 0 28.78 142.0 10162 150.80XB 170/72 7593 33.2
OM Metals Infraproje 1 1603 9.6 59 189 31.1 3.2 0.30 0.1 5.5 1609 66.0 5.1 1609H 116.9 50 9.4 -52 70.73 0 3.93 11.8 432 44.90 64/36 443 20.6
Power Mech Projects 10 1603 14.7 376 1362 74.3 50.5 1.00 0.4 13.4 1609 320.1 16.2 1609H 642.4 4 32.9 -4 65.08 0 21.42 18.5 662 449.85 701/430 793 9.1
Reliance Ind.Inf 10 1603 15.1 170 90 15.4 10.2 3.50 0.0 5.6 1609 23.3 3.4 1609H 46.4 4 6.4 -26 45.43 0 0.37 86.8 584 387.00 540/331 582 44.4
Sadbhav Infrastructu 10 1603 352.2 35 86 1.0 0.0 - 0.9 0.1 1609 39.3 -4.3 1609H 136.5 930 6.1 113 68.98 15 11.58 7.1 3334 94.65 120/66 4499 61.1

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Shriram EPC Ltd. 10 1610 681.2* 11 548 -244.0 -3.6 - 5.0 - - - - - - -32 - - 49.12 30 43.57 12.6 2006 29.45 41/19 3919 -
Sunil Hitech Enginee 1 1603 38.0* 11 1828 48.1 1.3 0.15 1.0 11.6 1609 497.5 14.8 1609H 941.5 13 26.7 24 43.82 12 0.34 13.9 492 12.97XB 23/8 782 9.3
79 REFINERIES
IND. COMPOSITE 9245 785542 23626 13
Bharat Petroleum 10 1603 1446.2* 207 1 89303 7431.9 51.4 31.00 0.5 24.9 1609 44692.7 1305.2 1609H 91631.4 -7 3925.7 16 54.93 0 29.18 111.6 91767 634.55XB 695/366 1 03409 11.5
Chennai Petro. 10 1603 148.9 154 25994 770.7 51.8 4.00 2.0 33.5 1609 7148.1 98.0 1609H 13597.0 -10 567.9 21 67.28 0 21.38 60.0 4077 273.80 312/138 7599 4.7
GP Petroleums 5 1603 25.5 27 422 13.6 2.7 0.50 0.9 9.7 1609 101.6 3.2 1609H 224.4 33 11.1 76 72.23 0 0.08 10.3 419 82.10 98/43 509 22.8
Hind. Petrol 10 1603 1015.9* 181 1 79571 3862.7 38.0 34.50 0.8 21.0 1609 42102.5 701.3 1609H 86943.3 -7 2799.7 116 51.11 0 29.55 135.4 44821 441.20XB 486/212 59323 8.3
Indian Oil Corp 10 1603 4855.9* 152 3 50603 1 0399.0 21.4 14.00 0.6 14.1 1609 80370.1 3121.9 1609H 1 66450.9 -11 11390.9 86 58.27 0 16.47 193.9 158133 325.65XB 334/173 2 00106 9.8
Mangalore Refine 10 1603 1752.6 37 39647 1148.2 6.6 - 1.1 17.9 1609 9969.0 415.9 1609H 18397.8 -15 1133.9 322 88.58 0 4.62 432.3 17149 97.85 106/52 10259 6.2
80 RETAIL
IND. COMPOSITE 1124 30943 172 65
Aditya Birla Fashion 10 1603 769.9* 12 6060 -104.1 -1.4 - 1.6 - 1609 1877.7 64.9 1609H 3289.6 217 44.1 138 59.44 0 26.03 162.4 10601 137.70 263/124 12057 -
Future Enterprises 2 1603 94.5* 70 8340 11.8 0.3 0.24 1.4 0.3 1609 935.3 -33.9 1609H 1856.4 -69 281.6 1325 46.69 89 18.14 47.2 789 16.70 156/14 5266 2.5
Future Lifestyle 2 1603 38.0* 85 3300 29.5 1.6 0.40 0.6 1.8 1609 1022.2 7.3 1609H 1826.0 16 10.8 135 60.17 67 19.89 44.8 2434 128.15 148/70 3335 68.2
Future Retail L 2 1603 94.3* 40 6845 14.6 0.3 - 0.6 0.8 1609 4191.4 73.6 1609H 8171.1 960 144.2 200 48.82 76 22.25 44.0 6054 128.45 180/116 7085 -
Kewal Kiran Clothing 10 1603 12.3 242 457 67.9 55.1 60.00 0.1 22.7 1609 155.3 29.5 1609H 263.6 12 42.1 19 74.21 0 21.48 3.9 2188 1775.00 2215/1603 2192 29.3
Shoppers Stop 5 1603 41.8 94 3413 25.2 3.0 0.75 0.6 3.2 1609 954.4 10.7 1609H 1726.6 8 -2.9 67 67.09 13 16.74 7.7 2407 288.25 420/265 2869 77.9
The Mandhana Retail 10 1609 22.1* 39 218 21.4 9.7 - 0.1 25.0 - - - - - - - - - 0 0.00 - 431 195.30 246/165 439 -
Trent Ltd. 1 1603 33.2* 43 1501 77.8 2.3 0.90 0.1 5.5 1609 448.5 21.1 1609H 849.5 16 44.4 50 32.61 0 42.54 35.7 6681 201.05 257/135 6730 72.1
V Mart Retail 10 1603 18.1 128 809 27.6 15.3 1.25 0.1 12.0 1609 195.9 -1.8 1609H 423.0 16 7.3 -40 55.45 0 29.72 3.8 840 465.00 670/425 863 36.8
81 RUBBER
Apcotex Industries L 5 1603 10.4 55 268 24.7 11.9 4.50 0.1 21.8 1609 47.3 2.7 1609H 108.5 -19 7.3 -36 57.89 0 0.06 21.7 636 306.60 435/182 648 31.0
Indag Rubber 2 1603 5.3 60 253 32.0 12.2 2.40 0.0 20.3 1609 40.5 6.5 1609H 89.3 -34 12.3 -26 74.75 0 0.98 8.0 473 180.05 229/146 468 17.1
Vikas Ecotech L 1 1603 25.4 3 307 25.5 1.0 0.05 1.4 38.5 1609 83.5 7.4 1609H 184.4 41 16.5 294 43.50 0 0.33 14.9 419 16.50 23/11 506 11.1
82 SERVICES - OTHERS
BLS International Se 10 1603 10.2 14 16 1.2 1.2 - 0.1 8.4 1609 5.9 1.0 1609H 11.0 -7 1.4 -56 74.24 0 0.00 0.8 1962 1915.50 2050/974 1962 -
Credit Analysis & Re 10 1603 29.4 139 265 117.7 40.0 28.00 0.0 28.8 1609 81.0 43.2 1609H 138.1 9 67.9 23 0.00 0 73.41 47.7 3858 1310.30 1573/885 3845 29.6
Crisil 1 1512 7.1* 95 956 222.0 31.1 23.00 0.0 32.9 1609 276.1 61.8 1609N 798.3 14 177.9 13 67.10 0 18.07 20.0 15769 2210.50 2490/1750 15725 65.1
ICRA Ltd. 10 1603 10.0 408 195 61.5 61.5 25.00 0.0 15.1 1609 52.5 19.1 1609H 99.5 8 42.1 42 50.05 0 36.86 15.1 3999 3999.45 4518/3235 3818 54.2
Infibeam Incorp 10 1603 53.4* 132 43 4.3 0.8 - 0.0 0.6 1609 16.6 6.4 1609H 27.5 40 27.4 -9 45.28 0 9.88 3.5 6274 1175.30 1240/431 5813 -
Just Dial 10 1603 70.6* 95 691 141.8 20.1 - 0.0 21.1 1609 180.3 29.6 1609H 356.6 5 68.5 -14 33.15 1 39.25 55.6 2389 338.55 903/318 2355 18.3
MCX 10 1603 51.0 273 235 41.8 8.2 6.50 0.0 3.0 1609 65.2 37.6 1609H 128.2 9 70.5 36 0.00 0 59.05 132.1 6459 1266.55 1420/726 5959 55.9
MT Educare Ltd. 10 1603 39.8 37 244 29.2 7.3 2.00 0.2 20.1 1609 79.2 14.8 1609H 147.2 8 17.9 -3 42.78 18 20.61 13.7 465 116.70 200/106 491 16.2
Quess Corp 10 1603 126.8* 28 2918 84.4 6.7 - 0.8 23.4 1609 831.3 25.2 1609H 1641.7 26 46.5 26 89.53 0 5.60 13.6 8297 654.35 702/452 8473 -
83 SHIP - DOCKS/BREAKI NG/ R EPAIRS
IND. COMPOSITE 1220 966 -291 26
Gujarat Pipavav Port 10 1603 483.4 40 660 236.7 4.9 1.90 0.0 12.3 1609 172.2 59.4 1609H 339.4 2 119.2 -11 43.00 0 50.65 46.5 6323 130.80 197/121 6034 28.4
*Reliance Def.& Eng. 10 1603 736.2 23 306 -527.3 -7.2 - 4.3 - 1609 98.2 -116.3 1609H 168.5 5 -250.8 26 29.89 100 14.32 123.6 4060 55.15 94/48 11214 -
84 SHIPPING
Essar Shipping 10 1603 207.0 223 729 -113.6 -5.5 - 0.6 - 1609 160.7 -62.0 1609H 336.1 -15 -112.4 -186 74.36 100 7.35 89.6 569 27.50 38/21 3476 -
Great Eastern 10 1603 150.8 345 1974 609.9 40.5 13.50 0.5 11.7 1609 427.0 170.5 1609H 838.1 -18 274.1 -20 30.23 0 42.35 71.5 5469 362.75 398/275 6072 11.6
Shipping Corpn. 10 1603 465.8 148 4112 377.3 8.1 - 0.7 5.5 1609 758.8 -20.0 1609H 1588.3 -26 35.9 -89 63.74 0 22.02 158.3 2727 58.55 98/55 6039 30.8
*Shreyas Shipping & L 10 1603 22.0 103 313 48.7 22.2 1.30 0.6 21.5 1609 92.4 1.8 1609H 177.5 13 6.6 -79 73.24 0 2.26 15.0 451 205.60 465/133 587 18.7
85 SUGAR
IND. COMPOSITE 523 25164 -240 27
Bajaj HindusthanSuga 1 1603 113.4 21 4683 -114.3 -1.0 - 2.7 - 1609 860.4 -137.7 1609H 2126.3 -8 -215.1 -24 26.01 100 49.91 139.6 1595 14.07 24/13 7860 -
Balrampur Chini 1 1603 24.5* 50 2757 99.4 4.1 - 1.2 8.1 1609 887.5 106.0 1609H 1676.8 47 216.7 349 40.81 0 30.18 83.1 3057 124.75 138/70 4551 7.6
Bannari Amman Su 10 1603 11.4 804 1456 31.8 27.8 7.50 1.5 3.5 1609 561.1 45.4 1609H 948.3 29 67.4 218 54.72 83 0.19 7.2 2095 1831.00 2242/941 3464 14.2
Dalmia Bharat Sugar 2 1603 16.2 63 1166 58.5 7.2 0.60 1.9 11.4 1609 423.0 48.3 1609H 776.6 33 96.6 758 74.91 0 3.93 15.6 1098 135.70 168/56 2014 6.5
DCM Shriram In 10 1603 17.4 138 1216 33.2 19.1 3.00 1.5 13.0 1609 366.3 31.7 1609H 752.8 34 64.7 1598 44.51 0 7.69 78.7 395 227.25 256/73 735 4.2
Dhampur Sugar 10 1603 66.4 63 2183 31.9 4.8 - 3.6 4.5 1609 651.7 41.1 1609H 1143.2 2 75.0 181 50.59 6 9.00 40.8 871 131.20 138/48 2327 4.4
Dwarikesh Sugar 10 1603 18.8* 47 794 39.0 20.7 - 7.2 44.1 1609 242.7 37.4 1609H 529.0 49 69.3 515 41.86 0 15.43 11.1 604 320.60 379/92 1190 4.8
*EID Parry 1 1603 17.6* 73 2310 -66.5 -3.8 - 0.6 - 1609 550.4 81.7 1609H 1107.4 4 107.1 163 45.24 0 17.19 40.5 4510 256.45 278/150 5240 -
Sakthi Sugars 10 1603 118.8 3 821 -55.1 -4.6 - 93.9 - 1609 215.6 -19.1 1609H 499.2 47 59.9 226 60.66 97 19.26 41.1 425 35.80 56/20 1217 -
Shree Renuka Sugars 1 1603 92.9 13 5862 -285.3 -3.1 - 2.6 - 1609 2029.4 2.5 1609H 3633.0 45 5.7 101 55.44 48 5.05 201.5 1294 13.93 19/10 4543 -
Triveni Eng.&Ind.Ltd 1 1603 25.8 23 1915 -12.3 -0.5 - 2.6 - 1609 641.3 64.7 1609H 1242.1 33 107.5 264 68.21 1 6.68 35.0 1555 60.30 68/34 3108 -
86 TELECOMMUNICATIONS- E Q UIPMENT
IND. COMPOSITE 3150 6282 -159 11
GTL Infrastructure 10 1603 2460.1* 0 619 -547.3 -2.2 - -38.6 - 1609 264.5 -60.4 1609H 529.0 70 -195.4 46 26.37 55 52.28 180.7 1095 4.45 7/2 5748 -
Himachal F. Comm 1 1603 123.9 8 2570 119.0 1.0 - 0.5 11.4 1609 413.5 24.9 1609H 917.5 -24 71.1 -61 38.96 50 11.69 238.7 1552 12.52 25/11 1868 -
ITI 10 1603 480.0 -35 1190 251.2 5.2 - -0.8 37.1 1609 281.6 190.6 1609H 607.5 33 201.8 2838 94.00 0 0.26 37.2 2165 45.10 54/23 3183 4.9
Optiemus Infracom 10 1603 85.8 31 1903 18.1 2.1 - 1.0 6.8 1609 368.7 2.8 1609H 741.4 -39 5.9 -56 74.92 39 0.00 3.2 490 57.05 99/29 632 46.2
87 TEXTILES
IND. COMPOSITE 3882 87858 1208 21
Aditya Birla Nuvo 10 1603 130.2 657 5466 360.0 27.6 5.00 0.4 4.2 1609 1254.5 145.4 1609H 2443.2 -15 1248.0 456 58.40 0 25.10 139.6 16761 1287.05 2364/685 20288 11.9
Alok Industries Ltd. 10 1603 1377.3 12 11752 -3722.8 -27.0 - 11.3 - 1609 1986.4 -527.7 1609H 3797.2 -42 -1739.8 -648 32.79 95 11.31 222.5 474 3.44 7/2 18946 -
Ambika Cotton Mi 10 1603 5.9 570 492 44.5 75.7 15.00 0.1 13.3 1609 132.9 14.8 1609H 258.5 4 27.3 21 48.63 0 4.03 10.8 609 1036.20 1095/735 624 12.4
Arvind Ltd. 10 1603 258.4 106 5407 318.9 12.3 2.40 1.0 10.6 1609 1484.2 67.3 1609H 2950.0 12 154.7 -0 43.76 6 38.69 175.9 9115 352.80 424/236 11749 29.0
Ashapura Intimates F 10 1603 19.5 32 186 12.4 6.4 - 0.5 20.1 1609 61.2 4.1 1609H 113.4 11 7.2 9 67.73 0 3.36 2.9 807 414.75 481/230 838 62.1

Inst. Stake (%)
Trailing P/E Ratio

Sales Growth (%)
No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year
Pledged (%)
Entprise Value
NP Growth (%)
Year / Months
Year / Months
(30/12/16)
Sales (` Cr)
CEqt. (` Cr)
Market Cap
Face Value
RONW (%)
Company Name
Bk Val (`)
High/Low
NP (` Cr)
NP (` Cr)
52-Week
DERatio
CMP (`)
EPS (`)
(in’ 000)
Div (`)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
(` Cr)
Sales
Sales
NP
Atlas Jewellery 10 1603 100.7 16 14 -6.4 -0.6 - 0.0 - 1609 1.5 -3.4 1609H 2.8 -71 -3.6 -5123 51.30 0 0.00 5.2 617 61.25 61/16 616 -
Bannari Amman Spinni 10 1603 15.8 171 771 18.6 11.8 1.60 1.5 6.9 1609 188.6 8.1 1609H 391.6 2 13.0 -6 55.54 0 0.00 6.3 436 276.70 348/177 840 24.7
Bombay Dyeing 2 1603 41.3 18 1845 -85.2 -4.1 0.50 5.4 - 1609 430.5 -71.2 1609H 867.5 3 -116.7 2 53.06 10 10.94 108.1 976 47.25 67/39 2901 -
Bombay Rayon Fashion 10 1603 186.0* 146 4172 48.9 2.6 - 2.0 1.8 1609 981.6 -53.6 1609H 1995.6 6 -46.4 -238 67.69 27 27.44 6.0 2774 149.15 198/129 7982 -
Century Enka 10 1603 21.9 342 1144 59.5 27.2 7.50 0.1 7.9 1609 283.2 19.0 1609H 546.6 -8 41.5 68 25.25 0 8.67 47.4 598 273.90 363/145 648 7.9
Cheviot Co Ltd 10 1603 4.5 703 343 36.5 80.9 17.00 0.0 8.7 1609 116.8 11.3 1609H 187.1 20 21.4 -6 74.99 0 0.16 7.4 399 884.90 1141/540 403 11.4
*Forbes & Company Ltd 10 1603 12.9 107 182 2.2 1.7 - 0.9 1.6 1609 50.4 26.8 1609H 101.4 -19 44.4 1143 73.85 0 12.15 10.8 2467 1912.45 2695/1078 2579 57.4
Garware-Wall Rop 10 1603 21.9 167 825 61.9 28.3 3.30 0.1 17.0 1609 232.4 26.0 1609H 457.5 1 45.8 53 50.65 0 4.34 14.7 1339 611.85 650/270 1285 17.2
Gloster L 10 1603 10.5* 114 427 24.6 23.5 6.00 0.9 6.8 1609 151.4 15.5 1609H 262.8 35 26.7 104 66.70 0 22.16 3.1 494 471.55XB 534/171 570 12.9
Himatsingka Seid 5 1603 49.2 85 1021 178.0 18.1 2.50 0.8 21.3 1609 297.9 44.1 1609H 579.4 14 90.2 -0 57.21 0 15.17 23.5 2894 293.90 313/145 3444 16.3
Indian Terrain Fashi 2 1603 7.5 43 325 33.0 8.9 - 0.3 20.5 1609 124.4 8.4 1609H 187.8 23 11.9 -31 29.74 69 30.86 11.5 574 154.00 185/102 549 20.7
Indo Count Inds. 2 1603 39.5* 28 2032 250.7 12.7 0.40 0.5 39.7 1609 576.3 62.7 1609H 1069.0 2 123.0 1 58.93 0 16.75 36.1 3229 163.60 250/135 3483 12.8
Indo Rama Synth. 10 1603 151.8 38 2536 56.0 3.7 1.00 0.5 9.5 1609 699.1 -14.7 1609H 1346.2 6 -31.3 20 72.00 0 13.91 21.3 450 29.65 42/24 644 7.1
JBF Industries 10 1603 81.9 197 3621 65.5 8.0 1.00 0.9 4.0 1609 945.5 11.1 1609H 1886.5 9 21.0 -18 43.14 47 16.35 27.7 1706 208.35 260/150 2736 28.0
Kitex Garments 1 1603 4.8 77 546 112.1 23.6 1.50 0.2 30.5 1609 107.0 12.9 1609H 226.3 -7 33.8 -22 54.24 0 5.54 28.6 1933 407.00 735/340 1775 18.8
KPR Mill Ltd. 5 1603 37.7* 129 1961 155.5 20.6 5.00 0.5 15.9 1609 534.5 62.8 1609H 1057.2 11 108.1 27 74.95 0 15.31 11.7 4286 568.75 637/310 4792 24.0
Lovable Lingerie Ltd 10 1603 16.8 122 197 23.2 13.8 1.50 0.0 11.3 1609 53.2 4.6 1609H 120.5 6 16.8 1 67.23 0 5.70 20.9 395 235.05 307/210 394 16.9
Lux Industries 2 1603 5.1 71 941 51.3 20.3 1.40 1.5 28.7 1609 270.4 18.8 1609H 453.6 8 28.9 33 73.71 0 0.00 4.5 1871 741.05 836/534 2072 31.9
Mafatlal Ind 10 1603 13.9 271 1323 17.1 12.3 3.00 0.6 4.5 1609 302.1 10.3 1609H 677.4 4 18.1 98 74.85 25 2.59 107.2 388 279.00 380/199 497 14.9
Monte Carlo Fashions 10 1603 21.7 205 622 58.9 27.1 - 0.1 13.2 1609 124.2 13.4 1609H 199.8 -3 15.4 2 64.25 0 8.30 45.8 908 417.60 551/337 896 15.3
Nahar Indust.Ent 10 1603 39.8 155 1776 42.9 10.8 1.00 1.4 6.9 1609 429.3 30.2 1609H 898.4 10 49.9 900 68.56 0 0.48 82.8 419 105.30 132/42 1265 4.8
Nahar Spg Mills 5 1603 18.0 223 2038 51.4 14.2 1.50 1.1 6.4 1609 498.2 22.2 1609H 1038.6 0 37.2 14 64.82 0 0.13 38.2 428 118.80 144/80 1332 7.9
Nandan Denim 10 1603 48.0 66 1157 63.3 13.2 1.60 1.5 20.0 1609 302.6 16.3 1609H 603.1 5 32.3 4 58.26 48 12.00 31.2 537 111.70 166/97 936 8.3
*Orbit Exports Li 10 1603 14.4 78 148 24.5 17.1 3.75 0.3 21.9 1609 32.5 6.8 1609H 69.6 -18 14.1 -17 61.63 0 1.78 8.9 403 280.50CB 395/206 430 18.7
Page Industries Ltd. 10 1603 11.2 453 1783 232.7 208.6 85.00 0.1 46.0 1609 537.8 68.7 1609H 1109.7 22 136.6 11 49.00 0 41.82 33.0 15306 13722.55 17351/9770 15371 62.3
PDS Multi. Fashions 10 1603 26.0 40 25 0.1 0.1 - 0.2 0.1 1609 3.1 0.1 1609H 6.4 -62 0.2 149 66.64 0 9.42 18.9 398 152.80 238/136 418 -
*Rajapalayam Mill 10 1603 7.4 293 395 23.5 31.9 3.00 1.1 10.9 1609 101.4 17.8 1609H 200.3 6 20.9 82 53.16 28 0.02 5.0 388 526.65 738/289 621 11.8
Raymond Ltd 10 1603 61.4 202 2793 82.1 13.4 3.00 1.0 6.6 1609 807.7 10.5 1609H 1347.5 6 -0.8 -109 42.40 0 21.47 105.7 3021 492.15 654/352 4135 41.4
RSWM Ltd. 10 1603 23.6 214 2955 106.0 45.0 12.50 2.1 21.1 1609 748.1 27.0 1609H 1478.2 3 62.7 16 50.90 0 15.12 15.0 1048 445.00 488/252 2086 9.1
Ruby Mills 5 1603 8.4 220 213 40.8 24.4 1.25 1.0 11.1 1609 49.8 6.0 1609H 106.7 6 14.7 -18 74.92 0 0.04 6.3 581 347.70 518/250 916 15.4
Rupa & Company L 1 1603 8.0 46 1013 78.0 9.8 2.75 0.4 21.3 1609 272.4 21.2 1609H 492.8 3 36.6 -17 74.92 0 0.01 4.4 1997 251.10 336/225 2133 28.4
S P Apparels Ltd. 10 1603 25.2 54 537 37.4 14.8 - 1.9 27.4 1609 164.0 14.0 1609H 325.8 29 27.3 118 59.60 0 11.16 8.8 888 352.80 373/276 1105 -
Sangam India Ltd 10 1603 39.4 111 1504 77.0 19.5 2.00 1.3 17.5 1609 427.0 15.4 1609H 834.9 9 30.6 -15 47.35 0 16.04 7.4 972 246.50 325/225 1551 13.5
*Sarla Performance Fi 1 1603 8.4 27 243 42.7 5.1 1.05 0.6 18.8 1609 66.6 13.1 1609H 127.8 -0 22.1 6 55.22 0 15.54 6.8 492 58.90 91/49 526 11.2
Shiva Texyarn Ltd. 10 1603 21.6 74 450 10.8 5.0 1.10 1.3 6.8 1609 131.7 7.1 1609H 250.7 13 11.4 31 74.93 0 0.00 8.7 505 233.90 260/80 701 37.3
Siyaram Silk 10 1603 9.4 545 1619 87.6 93.4 11.00 0.7 17.1 1609 420.2 26.8 1609H 701.5 0 36.8 6 67.06 0 8.24 10.2 1205 1285.15 1690/925 1555 13.4
SRF Ltd. 10 1603 57.4 463 3647 360.9 62.8 10.00 0.6 13.4 1609 899.1 97.9 1609H 1883.9 0 217.4 13 52.37 0 29.14 52.0 8855 1542.20 1970/1022 10019 22.9
Sutlej Textiles & In 10 1606 16.4 413 2271 143.4 87.5 13.00 1.0 21.2 1609 559.4 51.9 - - 22 - - 63.89 7 0.88 6.5 1313 801.65 874/411 1985 7.6
Swan Energy Ltd. 1 1603 22.1 20 317 0.6 0.0 0.05 0.3 0.1 1609 98.2 2.2 1609H 168.2 0 0.3 13 71.66 26 12.80 6.2 3408 154.10 213/58 3525 -
Trident Ltd. 10 1603 509.6 33 3683 228.4 4.5 0.90 1.8 13.6 1609 1169.6 80.1 1609H 2324.5 26 158.7 42 67.77 0 2.84 72.8 2933 57.55 63/37 5886 10.7
Vardhman Acrylics Lt 10 1603 93.0* 32 412 29.8 3.2 5.00 0.0 10.1 1609 109.8 15.0 1609H 221.3 3 30.4 120 74.80 0 0.76 10.6 440 47.30 52/27 440 9.5
Vardhman Textiles Lt 10 1603 63.7 574 5587 653.1 102.6 15.00 0.5 17.9 1609 1458.9 481.5 1609H 2884.5 4 631.6 106 62.22 0 22.84 22.0 7068 1110.40 1160/652 8745 7.2
Vishal Fabrics Ltd. 10 1603 13.2 63 274 14.3 10.8 - 0.6 17.1 - - - - - - - - 72.37 0 5.66 0.1 494 375.15 379/167 539 -
Welspun India 1 1603 100.5 19 4868 601.7 6.0 - 1.1 32.0 1609 1532.8 -152.3 1609H 2919.1 25 29.7 -91 73.48 0 11.49 77.1 6707 66.75 120/46 8788 21.3
88 TRADING
IND. COMPOSITE 644 47327 920 27
Adani Enterprises Lt 1 1603 110.0 32 8149 496.3 4.5 0.40 1.7 13.9 1609 1797.7 80.7 1609H 3943.6 -10 277.6 -5 74.99 24 20.33 97.2 8408 76.45 92/58 14293 17.2
Chaman Lal Setia 2 1603 10.3* 21 483 37.2 7.2 0.44 0.2 33.8 1609 121.1 10.4 1609H 236.5 -4 19.3 -3 74.82 0 0.26 5.6 450 87.00XB 88/44 425 12.2
Coffee Day Enterpris 10 1603 206.0 91 49 -110.5 -5.4 - 0.3 - 1609 10.9 -26.5 1609H 20.7 -1 -53.7 22 52.55 0 8.81 62.0 4085 198.30 291/191 4551 -
D-Link (India) 2 1603 7.1 43 701 21.5 6.1 0.70 0.0 14.1 1609 202.1 7.1 1609H 354.8 2 8.1 -2 51.02 0 4.62 24.1 419 118.00 181/75 412 19.6
India Motor Part 10 1603 8.3 278 502 26.7 32.1 9.00 0.1 11.5 1609 125.9 6.5 1609H 262.9 5 13.1 6 30.71 0 8.38 7.1 640 768.95 995/650 598 23.3
KRBL Ltd. 1 1603 23.5 67 3359 371.4 15.8 1.90 0.7 23.4 1609 732.8 98.6 1609H 1532.3 -20 179.5 -10 58.81 0 6.46 18.9 7004 297.55 306/175 8078 20.0
Lakshmi Energy & Foo 2 1603 14.0* 43 916 -90.8 -13.0 - 3.8 - 1609 304.5 24.0 1609H 570.6 41 42.5 408 54.80 0 6.33 19.4 445 63.65 76/13 1581 -
LT Foods Ltd. 10 1603 26.7 123 1821 30.4 11.4 1.50 2.5 9.3 1609 523.5 8.5 1609H 943.9 1 14.7 10 67.18 14 1.03 15.4 758 284.25 319/180 1582 23.9
MMTC Ltd. 1 1603 100.0 14 12503 54.9 0.5 0.30 0.2 4.0 1609 1406.0 10.4 1609H 4188.1 -40 3.4 -76 89.92 0 6.06 90.8 5275 52.75 57/30 5468 -
Modi Udyog 10 1603 30.2 10 86 1.5 0.5 - 0.0 4.7 1609 90.1 1.5 1609H 168.0 3252 2.8 952 3.40 0 0.00 1.5 962 318.00 358/148 961 2 26.0
State Trading 10 1603 60.0 29 10601 17.9 3.0 - 8.4 1.7 1609 692.4 -3.0 1609H 2930.9 -59 19.1 17427 90.00 0 1.92 27.9 1253 208.75 224/71 2682 33.8
Uniphos Enterprises 2 1603 13.9 20 0 11.8 1.7 - 0.0 4.2 1609 0.0 12.3 1609H 0.0 -43 11.8 -6 72.19 0 10.82 13.1 432 62.10 76/30 429 38.9
Ushdev Internati 10 1603 33.8 268 8157 52.2 15.4 1.00 1.9 5.7 1609 806.1 -123.7 1609H 2116.0 -53 -115.6 -256 54.40 38 18.25 0.8 663 195.75 349/170 2058 -
89 TRANSPORT
IND. COMPOSITE 539 12762 1045 25
Container Corpor 10 1603 195.0 416 5743 786.9 40.4 13.50 0.0 9.7 1609 1378.6 157.8 1609H 2717.8 -7 336.3 -23 56.79 0 39.88 38.4 21695 1112.70 1544/1051 20895 31.7
IL&FS Transportation 10 1603 329.0 120 4762 173.5 5.3 2.00 2.4 4.4 1609 978.2 57.1 1609H 2138.5 3 74.9 -32 73.21 71 7.78 53.7 3349 101.80 117/64 12158 24.3
*TCI Ltd. 2 1603 15.3 65 2258 85.1 11.1 1.50 0.6 16.7 1609 450.4 19.7 1609H 877.8 -21 34.8 -17 66.07 0 11.29 29.9 1144 149.45 388/144 1432 14.7
90 TYRES AND TUBES
IND. COMPOSITE 204 47415 4946 11
Apollo Tyres 1 1603 50.9 78 8702 852.5 16.7 2.00 0.1 21.3 1609 2075.5 204.6 1609H 4341.5 -2 440.9 1 44.14 14 39.96 122.7 9414 184.95 235/128 9711 11.1
Balkrishna Ind. 2 1603 19.3 289 3242 567.7 58.7 5.50 0.5 20.3 1609 932.5 242.9 1609H 1860.6 15 392.0 42 58.29 0 32.95 12.9 10649 1101.70 1280/551 11634 15.6
Ceat Ltd. 10 1603 40.5 492 5494 452.5 111.9 11.50 0.3 22.7 1609 1413.8 101.8 1609H 2869.6 3 198.3 -15 50.76 0 33.36 58.4 4704 1162.90 1422/731 5292 11.2
Goodyear India 10 1603 23.1 252 1747 123.1 42.7 12.00 0.0 21.1 1609 386.5 34.8 1609H 802.5 86 76.0 110 73.99 0 7.82 30.5 1534 665.25 921/443 1201 13.0
JK Tyre & Industries 2 1603 45.4 62 5880 401.0 17.7 2.50 1.7 28.3 1609 1443.8 82.1 1609H 2923.6 -3 182.9 -15 52.34 0 13.31 80.2 2565 113.10 162/74 4881 6.9
MRF Ltd 10 1603 4.2 1 6020 20244 2327.7 3659.0 100.00 0.3 34.3 1609 3249.5 385.3 1609H 6731.5 -1 876.2 -7 27.48 0 19.83 32.4 20689 48781.15 5 4601/30464 22582 12.6
PTL Enterprises 2 1603 13.2 16 46 24.2 3.7 1.00 0.0 3.5 1609 12.5 7.1 1609H 25.0 20 14.4 41 69.82 0 0.00 6.8 946 143.00 150/73 944 33.3
TVS Srichakra Lt 10 1603 7.7 547 2060 197.2 257.6 60.00 0.3 47.1 1609 518.5 48.2 1609H 1030.3 0 94.7 -3 45.36 0 2.58 23.7 2456 3208.10 4247/1945 2561 12.6

Databank Company Index
Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE Ticker Company Ind. Book NSE
Code Closure Code Code Closure Code Code Closure Code Code Closure Code
532628 3i Infotech 23 11/30/16 3IINFOTECH 532215 Axis Bank Ltd. 43 07/09/16 AXISBANK 526817 Cheviot Co Ltd 87 07/23/16 - 532511 Excel Crop Care Ltd. 71 07/23/16 EXCELCROP
523395 3M India Ltd. 30 07/30/16 3MINDIA 532395 AXISCADES Engineer 23 08/28/15 AXISCADES 511243 Cholamandalam Invest 46 07/25/16 CHOLAFIN 500650 Excel Industries 71 07/18/16 EXCELINDUS
531925 52 Weeks Ent. 39 09/24/16 - 532719 B L Kashyap & Sons 24 09/22/16 BLKASHYAP 534758 Cigniti Technologies 23 09/22/16 CIGNITITEC 500086 Exide Inds. 6 07/13/16 EXIDEIND
512161 8K Miles Software 23 09/08/16 8KMILES 532977 Bajaj Auto Ltd. 5 07/16/16 BAJAJ-AUTO 500087 Cipla 73 09/15/16 CIPLA 505790 Fag Bearings Ind 10 04/19/16 FAGBEARING
533292 A2Z Infra Engineer 37 09/17/16 A2ZINFRA 533229 Bajaj Corp Ltd. 40 07/14/16 BAJAJCORP 506390 Clariant Chemicals ( 31 08/05/16 CLNINDIA 531599 FDC Ltd. 73 09/08/16 FDC
524348 Aarti Drugs Ltd 73 07/15/16 AARTIDRUGS 500031 Bajaj Electrical 25 07/30/16 BAJAJELEC 533288 Claris Lifesciences 73 07/23/16 - 505744 Federal-Mogul Goetze 6 08/20/16 FMGOETZE
524208 Aarti Ind. Ltd 19 09/23/16 AARTIIND 500034 Bajaj Finance L 46 07/16/16 BAJFINANCE 533278 Coal India Ltd. 63 09/12/16 COALINDIA 590024 Fertilisers & Ch 42 09/25/15 FACT
500002 ABB India 33 04/20/16 ABB 532978 Bajaj Finserv Ltd. 46 07/11/15 BAJAJFINSV 539436 Coffee Day Enterpris 88 - COFFEEDAY 532768 FIEM Industries 6 09/14/16 FIEMIND
500488 Abbott India Ltd. 73 07/12/16 ABBOTINDIA 500032 Bajaj HindusthanSuga 85 09/10/16 BAJAJHIND 500830 Colgate Palm. 40 08/02/16 COLPAL 500940 Finolex Industri 72 07/30/16 FINPIPE
500410 ACC 16 02/24/16 ACC 500490 Bajaj Holdings & Inv 46 07/16/16 BAJAJHLDNG 531344 Container Corpor 89 09/07/16 CONCOR 532809 Firstsource Solution 23 07/19/16 FSL
532268 Accelya Kale Solut 23 09/28/16 ACCELYA 530999 Balaji Amines Li 19 07/24/16 BALAMINES 506395 Coromandel Internati 42 07/16/16 COROMANDEL 533638 Flexituff Internatio 68 07/26/16 FLEXITUFF
532762 Action Construction 38 09/16/16 ACE 532382 Balaji Telefilms Ltd 39 08/25/16 BALAJITELE 532179 Corporation Bank 44 06/24/16 CORPBANK 500033 Force Motors 8 09/19/15 -
512599 Adani Enterprises Lt 88 08/03/16 ADANIENT 513142 Balasore Alloys 53 09/22/16 - 508814 Cosmo Films 75 08/20/16 COSMOFILMS 532843 Fortis Healthcare 50 09/20/16 FORTIS
532921 Adani Ports & Speci 64 08/02/16 ADANIPORTS 502355 Balkrishna Ind. 90 08/03/16 BALKRISIND 533144 Cox & Kings L 64 09/17/16 COX&KINGS 530023 Fortune Financia 46 08/03/16 -
533096 Adani Power Ltd. 76 08/02/16 ADANIPOWER 500102 Ballarpur Ind. 70 09/23/16 BALLARPUR 534804 Credit Analysis & Re 82 09/21/16 CARERATING 500150 Foseco India Lim 19 04/23/16 FOSECOIND
539254 Adani Transmission L 77 08/03/16 ADANITRANS 523319 Balmer Lawrie & 30 09/16/16 BALMLAWRIE 500092 Crisil 82 03/10/16 CRISIL 533400 Future Consumer 64 08/23/16 FCONSUMER
538365 Adhunik Industries 53 09/08/16 ADHUNIKIND 532485 Balmer Lawrie Invest 46 09/16/16 - 500093 Crompton Greaves 33 08/19/16 CROMPGREAV 523574 Future Enterprises 80 08/20/15 FEL
530117 Adi Finechem 19 09/03/16 ADI 500038 Balrampur Chini 85 08/06/16 BALRAMCHIN 539876 Crompton Greaves Con 3 3 - CROMPTON 536507 Future Lifestyle 80 08/20/15 FLFL
535755 Aditya Birla Fashion 80 07/18/15 ABFRL 500039 Banco Products 6 09/06/16 BANCOINDIA 500480 Cummins India Lt 37 07/30/16 CUMMINSIND 540064 Future Retail L 80 - FRETAIL
500303 Aditya Birla Nuvo 87 08/19/16 ABIRLANUVO 532134 Bank of Baroda 44 06/18/16 BANKBARODA 532175 Cyient Ltd. 23 08/25/16 CYIENT 507488 G M Breweries Ltd. 11 05/12/16 GMBREW
539056 AdlabsEntertainment 39 07/22/16 ADLABS 532525 Bank of Maharash 44 06/23/16 MAHABANK 533160 D B Realty Ltd. 24 09/22/16 DBREALTY 505714 Gabriel India 6 07/23/16 GABRIEL
517041 Ador Welding Ltd. 37 07/23/16 ADORWELD 532674 Bannari Amman Spinni 87 09/22/16 BASML 532868 D-Link (India) 88 08/20/15 DLF 532155 GAIL (India) Ltd. 67 09/10/16 GAIL
540025 Advanced Enzyme Tech 4 9 09/12/16 ADVENZYMES 500041 Bannari Amman Su 85 12/23/16 BANARISUG 533160 Dabur India 40 09/22/16 DBREALTY 533265 Gallantt Ispat Ltd. 53 09/20/16 GALLISPAT
500215 Agro Tech Foods Ltd. 32 07/20/16 ATFL 500042 BASF India Lt 19 08/05/16 BASF 533160 Dalmia Bharat 64 09/22/16 DBREALTY 509550 Gammon India 24 09/14/16 GAMMONIND
532811 Ahluwalia Contra 24 09/23/16 AHLUCONT 500043 Bata India 55 07/21/16 BATAINDIA 533160 Dalmia Bharat Sugar 85 09/22/16 DBREALTY 513108 Gandhi Special 53 07/27/16 GANDHITUBE
532683 AIA Engineering 15 09/12/15 AIAENG 506285 BayerCropscience 71 08/31/16 BAYERCROP 533160 Datamatics Global Se 23 09/22/16 DBREALTY 509557 Garware-Wall Rop 87 08/04/16 GARWALLROP
532331 Ajanta Pharma Lt 73 06/28/16 AJANTPHARM 500048 BEML Ltd. 38 09/09/16 BEML 533160 DB Corp 60 09/22/16 DBREALTY 532622 Gateway Distriparks 64 09/12/16 GDL
513349 Ajmera Realty & Infr 24 08/20/16 AJMERA 533095 Bengal & Assam Compa 4 6 09/14/16 - 533160 DCB Bank 43 09/22/16 DBREALTY 532345 Gati Ltd. 27 07/28/16 GATI
524598 AksharChem (India) 31 09/21/16 - 509480 Berger Paints I 69 07/28/16 BERGEPAINT 533160 DCM Shriram 30 09/22/16 DBREALTY 532767 Gayatri Projects 24 09/23/16 GAYAPROJ
531082 Alankit 46 08/01/16 ALANKIT 533303 BF Investment Ltd. 46 09/30/16 BFINVEST 533160 DCM Shriram In 85 09/22/16 DBREALTY 532309 GE Power India 77 07/23/16 GEPIL
506235 Alembic Ltd. 73 08/03/16 ALEMBICLTD 532430 BF Utilities Ltd. 76 03/30/15 BFUTILITIE 502137 Deccan Cements 16 09/17/16 DECCANCE 522275 GE T&D India 77 07/20/16 GET&D
533573 Alembic Pharmaceutic 73 07/22/16 APLLTD 532930 BGR Energy Systems 37 09/21/15 BGRENERGY 512068 Deccan Gold Mines 63 09/19/16 - 530343 Genus Power Infrastr 33 09/02/16 GENUSPOWER
531147 Alicon Castalloy 15 09/23/16 ALICON 530803 Bhageria Industries 31 08/09/16 BHAGERIA 532760 Deep Industries 67 11/22/16 DEEPIND 532285 Geojit BNP Paribas 46 07/28/15 GEOJITBNPP
539523 Alkem Laboratories 73 - ALKEM 503960 Bharat Bijlee 35 09/13/16 BBL 500645 Deepak Fertilisers 42 08/06/16 DEEPAKFERT 532312 Geometric Ltd. 23 07/21/15 GEOMETRIC
506767 Alkyl Amines Che 19 07/22/16 ALKYLAMINE 500049 Bharat Electroni 33 08/22/16 BEL 506401 Deepak Nitrite 19 07/30/16 DEEPAKNTR 500171 GHCL 20 07/13/16 GHCL
532749 Allcargo Logistics 57 08/04/15 ALLCARGO 533228 Bharat Financial Inc 46 07/18/16 BHARATFIN 532848 Delta Corp Ltd. 24 09/16/16 DELTACORP 511676 GIC Housing Fi 45 07/16/16 GICHSGFIN
532633 Allsec Technologies 23 08/04/16 ALLSEC 500493 Bharat Forge 15 07/27/16 BHARATFORG 533137 Den Networks Ltd. 39 09/22/16 DEN 507815 Gillette India Ltd. 40 11/24/16 GILLETTE
521070 Alok Industries Ltd. 87 09/17/16 ALOKTEXT 500547 Bharat Petroleum 79 06/08/16 BPCL 532121 Dena Bank 44 06/22/16 DENABANK 532715 Gitanjali Gems 29 09/17/16 GITANJALI
526397 Alpha Geo (India 67 09/24/16 ALPHAGEO 590021 Bharat Rasayan 71 09/22/16 BHARATRAS 511072 Dewan Housing 45 07/12/16 DHFL 500660 GlaxoSmithKline Phar 73 07/19/16 GLAXO
500008 Amara Raja Batt. 6 08/08/15 AMARAJABAT 532454 Bharti Airtel 65 08/13/16 BHARTIARTL 519588 DFM Foods Limi 40 07/16/16 DFMFOODS 500676 GlaxoSmithKlineConsu 40 07/28/16 GSKCONS
531978 Ambika Cotton Mi 87 09/17/16 AMBIKCO 534816 Bharti Infratel Ltd. 52 08/05/15 INFRATEL 500119 Dhampur Sugar 85 08/23/16 DHAMPURSUG 532296 Glenmark Pharma 73 08/05/16 GLENMARK
500425 Ambuja Cements Ltd. 16 02/24/16 AMBUJACEM 526666 Bhartiya Interna 55 09/23/16 BIL 532180 Dhanlaxmi Bank 43 09/24/16 DHANBANK 538595 Gloster L 87 08/24/16 -
520077 Amtek Auto Ltd. 6 09/28/16 AMTEKAUTO 500055 Bhushan Steel Ltd. 53 09/14/16 BHUSANSTL 507717 Dhanuka Agritech Ltd 71 08/10/16 DHANUKA 505255 GMM Pfaudler Ltd 38 09/17/16 -
515055 Anant Raj Ltd. 24 09/24/16 ANANTRAJ 532523 Biocon 73 06/24/16 BIOCON 500089 DIC India 60 04/16/16 DICIND 532754 GMR Infrastructure L 52 09/07/16 GMRINFRA
532418 Andhra Bank 44 07/15/16 ANDHRABANK 500335 Birla Corporation Lt 16 07/02/16 BIRLACORPN 540047 Dilip Buildcon Ltd. 24 - DBL 540124 GNA Axles 6 - GNA
526173 Andrew Yule & Co 30 09/17/16 - 506197 Bliss GVS Pharma 73 09/08/16 BLISSGVS 500068 Disa India Ltd. 38 08/04/16 - 506480 GOCL Corporation 59 09/16/16 GOCLCORP
518091 Anjani Portland 16 09/03/16 - 540073 BLS International Se 82 - BLS 532839 Dish TV India Ltd. 39 09/26/16 DISHTV 500163 Godfrey Philips 40 09/20/16 GODFRYPHLP
506260 Anuh Pharma Ltd 73 09/19/16 - 526612 Blue Dart Expres 27 07/21/16 BLUEDART 532526 Dishman Pharmaceutic 73 09/20/16 DISHMAN 532424 Godrej Consumer Prod 40 08/08/16 GODREJCP
532259 Apar Industries 35 07/30/16 APARINDS 500067 Blue Star 25 07/18/16 BLUESTARCO 532488 Divi’s Lab 73 08/22/16 DIVISLAB 500164 Godrej Industries Lt 40 08/04/15 GODREJIND
523694 Apcotex Industries L 81 08/01/16 APCOTEXIND 524370 Bodal Chemicals 31 09/17/16 BODALCHEM 532868 DLF Ltd. 24 08/20/15 DLF 533150 Godrej Properties Lt 24 07/29/15 GODREJPROP
533758 APL Apollo Tubes 53 09/12/16 APLAPOLLO 501425 Bombay Burmah 74 07/30/16 BBTC 539524 Dr. Lal Pathlabs Ltd 50 07/22/16 LALPATHLAB 500166 Goodricke Group 74 07/22/16 -
508869 Apollo Hospitals 50 08/01/15 APOLLOHOSP 500020 Bombay Dyeing 87 07/29/16 BOMDYEING 500124 Dr. Reddy’s Labs 73 07/20/16 DRREDDY 500168 Goodyear India 90 08/25/16 -
500877 Apollo Tyres 90 08/03/16 APOLLOTYRE 532678 Bombay Rayon Fashion 8 7 09/16/16 BRFL 523618 Dredging Corpora 64 09/24/16 DREDGECORP 532543 GP Petroleums 79 09/24/16 GULFPETRO
532475 Aptech Ltd. 23 09/24/16 APTECHT 502219 Borosil Glass 47 08/05/16 - 534674 Ducon Infratech 22 09/24/16 DUCON 532482 Granules India L 73 08/05/16 GRANULES
532914 Arcotech Ltd. 62 09/21/16 ARCOTECH 532929 Brigade Enterprises 24 09/18/15 BRIGADE 532610 Dwarikesh Sugar 85 07/30/16 DWARKESH 509488 Graphite India Ltd. 36 08/04/16 GRAPHITE
506194 Arihant Superstructu 24 09/14/16 - 500825 Britannia Ind. 40 08/02/16 BRITANNIA 505242 Dynamatic Techno 37 08/05/16 DYNAMATECH 500620 Great Eastern 84 08/05/16 GESHIP
516064 Arrow Greentech 75 09/23/16 ARROWGREEN 532321 Cadila Healthcar 73 07/25/16 CADILAHC 532927 eClerx Services 23 07/07/16 ECLERX 501455 Greaves Cotton 37 09/20/16 GREAVESCOT
506074 Arshiya 57 07/23/16 ARSHIYA 532792 Cairn India Ltd. 67 07/12/16 CAIRN 532922 Edelweiss Fin. Ser 46 08/01/16 EDELWEISS 531737 Greencrest Financial 46 09/23/16 -
500101 Arvind Ltd. 87 07/30/16 ARVIND 532834 Camlin Fine Sciences 19 08/01/16 CAMLINFINE 505200 Eicher Motors 8 03/13/15 EICHERMOT 526797 Greenply Industr 54 07/08/16 GREENPLY
535467 Ashapura Intimates F 87 09/02/15 AIFL 511196 Can Fin Homes 45 07/08/16 CANFINHOME 523127 EIH Associated 51 07/27/16 EIHAHOTELS 506076 Grindwell Norton 37 07/28/15 GRINDWELL
527001 Ashapura Min. Lt 63 09/21/16 ASHAPURMIN 532483 Canara Bank 44 07/16/16 CANBK 500840 EIH Ltd. 51 07/25/16 EIHOTEL 511288 GRUH Finance Li 45 06/14/16 GRUH
523716 Ashiana Housing Ltd. 24 08/11/16 ASHIANA 532938 Capital First 46 06/29/16 CAPF 500123 Elantas Beck India L 19 05/26/16 - 532775 GTL Infrastructure 86 09/23/15 GTLINFRA
500477 Ashok Leyland 8 07/15/16 ASHOKLEY 511505 Capital Trust Lt 46 09/20/16 - 505700 Elecon Engg. 38 07/20/16 ELECON 509079 Gufic BioSciences Lt 73 09/21/16 GUFICBIO
533271 Ashoka Buildcon Ltd. 24 08/01/16 ASHOKA 524742 Caplin Point Lab 73 09/03/16 CAPLIPOINT 500128 Electrosteel Cas 15 09/03/16 ELECTCAST 530001 Guj. Alkalie & C 20 09/15/16 GUJALKALI
532888 Asian Granito India 18 09/17/16 ASIANTILES 531595 Capri Global Capital 46 07/18/16 CGCL 533264 Electrosteel Steels 53 09/17/16 ESL 524226 Guj. Amb.Exports 32 08/27/16 GAEL
500820 Asian Paints Ltd. 69 06/18/16 ASIANPAINT 500870 Castrol India 59 04/29/16 CASTROLIND 522074 Elgi Equipments 21 07/23/16 ELGIEQUIP 523768 Guj. Borosil Ltd 47 08/03/16 -
533138 Astec Lifesciences L 71 07/22/16 ASTEC 519600 CCL Products India 74 09/20/16 CCL 531162 Emami Ltd. 40 07/28/16 EMAMILTD 500173 Guj. Fluorochemi 19 09/19/16 GUJFLUORO
532493 Astra Microwave 37 07/22/16 ASTRAMICRO 500878 Ceat Ltd. 90 08/02/16 CEATLTD 533208 Emami Paper Mill 70 08/03/16 - 517300 Guj. Industries 76 08/20/16 GIPCL
532830 Astral Poly Technik 75 09/02/16 ASTRAL 532885 Central Bank 44 06/25/16 CENTRALBK 509525 Empire Inds. 47 07/23/16 - 532181 Guj. Mineral Dev 63 09/23/16 GMDCLTD
506820 AstraZeneca Pharma I 73 08/04/16 ASTRAZEN 501150 Centrum Capital 46 09/24/16 - 540153 Endurance Technologi 6 - ENDURANCE 512579 Guj. NRE Coke 63 09/13/16 GUJNRECOKE
532759 Atlanta Ltd. 52 09/09/16 ATLANTA 517544 Centum Electronics L 33 07/30/16 CENTUM 532700 Entertainment Networ 39 07/28/16 ENIL 539336 Gujarat Gas 58 09/23/16 GUJGASLTD
514394 Atlas Jewellery 87 09/21/15 - 500280 Century Enka 87 07/05/16 CENTENKA 539844 Equitas Holdings Ltd 46 06/16/16 EQUITAS 500670 Gujarat Narmada Vall 42 08/27/16 GNFC
531795 Atul Auto Ltd 5 09/10/16 ATULAUTO 532548 Century Plyboard 54 08/25/16 CENTURYPLY 533261 Eros International M 39 09/22/16 EROSMEDIA 533248 Gujarat Pipavav Port 83 08/05/16 GPPL
500027 Atul Ltd. 31 07/16/16 ATUL 532443 Cera Sanitaryware L 18 07/16/16 CERA 500133 Esab India 37 07/27/16 ESABINDIA 532702 GujaratStatePetronet 72 09/16/16 GSPL
524804 Aurobindo Pharma 73 08/25/15 AUROPHARMA 500084 CESC Ltd. 76 07/15/16 CESC 500495 Escorts Ltd. 9 09/10/16 ESCORTS 538567 Gulf Oil Lubricants 59 09/02/16 GULFOILLUB
505010 Automotive Axles 6 08/10/16 AUTOAXLES 530307 Chaman Lal Setia 88 09/23/16 - 533704 Essar Shipping 84 08/04/16 ESSARSHPNG 532708 GVK Power & Infrastr 76 08/09/16 GVKPIL
512573 Avanti Feeds Lim 4 08/08/16 AVANTIFEED 500085 Chambal Fertilis 42 09/06/16 CHAMBLFERT 500135 Essel Propack Ltd. 68 06/23/15 ESSELPACK 590043 Harita Seating Syst. 6 08/05/15 HARITASEAT
519105 AVT Natural Prod 32 08/04/16 AVTNPL 500110 Chennai Petro. 79 09/01/16 CHENNPETRO 531508 Eveready Industr 25 07/18/16 EVEREADY 533162 Hathway Cable & Data 39 08/13/16 HATHWAY

Databank Company Index
531531 Hatsun Agro Prod 40 08/17/16 HATSUN 533154 Infinite Computer So 23 09/23/16 INFINITE 532942 KNR Constructions 24 09/24/16 KNRCON 533080 Mold-Tek Packaging 75 09/13/16 MOLDTKPAC
517354 Havells India 33 07/01/16 HAVELLS 532777 Info Edge (India) 64 07/19/16 NAUKRI 523207 Kokuyo Camlin 30 07/25/16 KOKUYOCMLN 513446 Monnet Ispat & Energ 53 09/23/16 MONNETISPA
508486 Hawkins Cookers 25 07/28/16 - 500209 Infosys 23 06/11/16 INFY 532924 Kolte-Patil Develope 24 09/10/16 KOLTEPATIL 505343 Monotype India 46 12/23/16 -
517271 HBL Power Systems Lt 33 09/23/16 HBLPOWER 500210 Ingersoll Rand 21 07/19/16 INGERRAND 530299 Kothari Products 40 09/16/16 KOTHARIPRO 524084 Monsanto India 71 07/25/15 MONSANTO
500179 HCL Infosystem 22 09/26/16 HCL-INSYS 532706 Inox Leisure 39 09/17/16 INOXLEISUR 523323 Kovai Medical 50 08/20/16 - 538836 Monte Carlo Fashions 87 09/23/16 MONTECARLO
532281 HCL Technologies 23 09/20/16 HCLTECH 539083 Inox Wind Ltd. 38 09/16/16 INOXWIND 532400 KPIT Technologies 23 08/16/16 KPIT 500288 Morepen Labs.Lt 73 09/17/16 MOREPENLAB
500010 HDFC 45 07/19/16 HDFC 532851 Insecticides (India) 71 09/17/16 INSECTICID 532889 KPR Mill Ltd. 87 08/19/16 KPRMILL 532407 Moschip Semicond.Tec 23 09/24/16 -
532873 HDIL 24 09/24/16 HDIL 538835 Intellect Design 23 07/11/16 INTELLECT 530813 KRBL Ltd. 88 08/30/16 KRBL 517334 MothersonSumiSystems 6 08/29/16 MOTHERSUMI
539787 Healthcare Global En 50 - HCG 539448 InterGlobe Aviation 1 09/15/16 INDIGO 533482 Kridhan Infra 52 09/23/16 KRIDHANINF 532440 MPS Ltd. 60 06/28/16 MPSLTD
509631 HEG Ltd. 36 09/22/16 HEG 502330 International Paper 70 08/21/15 IPAPPM 500249 KSB Pumps Ltd. 37 04/16/16 KSBPUMPS 500290 MRF Ltd 90 08/05/16 MRF
500292 Heidelberg Cement In 16 09/15/16 HEIDELBERG 533181 Intrasoft Technologi 23 09/02/16 ISFT 532997 KSK Energy Ventures 76 09/17/16 KSK 534312 MT Educare Ltd. 82 09/22/16 MTEDUCARE
505720 Hercules Hoists 37 08/06/16 HERCULES 500214 Ion Exchange (India) 37 09/01/16 - 536170 Kushal Tradelink Ltd 70 06/02/16 - 500108 MTNL 65 09/24/16 MTNL
519552 Heritage Foods 40 08/11/16 HERITGFOOD 532947 IRB Infrastructure D 24 09/19/15 IRB 531882 Kwality 40 09/24/16 KWALITY 500460 Mukand Ltd. 53 07/30/16 MUKANDLTD
500182 Hero MotoCorp 5 09/17/16 H EROMOTOCO 533033 ISGEC Heavy Eng 38 07/30/16 - 500510 L&T 30 08/20/16 LT 520059 Munjal Auto Industr. 6 08/22/16 MUNJALAU
524669 Hester Biosciences L 73 07/23/16 HESTERBIO 508807 IST Ltd. 6 09/23/16 - 533519 L&T Finance Holdings 46 08/17/16 L&TFH 520043 Munjal Showa Ltd 6 08/13/16 MUNJALSHOW
532129 Hexaware Technologie 23 08/30/16 HEXAWARE 509496 ITD Cementation Indi 24 05/06/16 ITDCEM 540005 L&T Infotech 23 - LTI 533398 Muthoot Finance 46 09/23/16 MUTHOOTFIN
524735 Hikal Ltd. 73 08/04/16 HIKAL 523610 ITI 86 09/13/16 ITI 540115 L&T Technology Serv 37 - LTTS 539917 Nagarjuna Fertilizer 42 09/23/16 NAGAFERT
509675 HIL 17 07/22/16 HIL 506943 J B Chemicals & Phar 73 08/16/16 JBCHEPHARM 526947 La Opala RG Ltd. 47 08/03/16 LAOPALA 519136 Nahar Indust.Ent 87 09/17/16 NAHARINDUS
500183 Himachal F. Comm 86 09/23/16 HFCL 532940 J Kumar Infraproject 24 09/14/16 JKIL 519570 Lakshmi Energy & Foo 88 09/23/16 LAKSHMIEFL 500296 Nahar Spg Mills 87 09/10/16 NAHARSPING
500184 Himadri Speciality 19 09/17/16 HSCL 532705 Jagran Prakashan 60 09/16/16 JAGRAN 500252 Lakshmi Machines 38 07/29/16 LAXMIMACH 532256 Nalwa Sons Investmen 46 09/19/16 NSIL
514043 Himatsingka Seid 87 09/10/16 HIMATSEIDE 512237 Jai Corp Ltd. 53 09/15/16 JAICORPLTD 534690 Lakshmi Vilas Ba 43 06/04/16 LAKSHVILAS 532641 Nandan Denim 87 09/23/16 NDL
509635 Hind. Composites 6 09/02/16 HINDCOMPOS 500219 Jain Irrigation 64 09/19/16 JISLJALEQS 532778 Lanco Infratech Ltd. 52 09/22/16 LITL 539551 Narayana Hrudayalaya 50 - NH
513599 Hind. Copper 62 09/20/16 HINDCOPPER 532532 JaiprakashAssociates 24 09/22/16 JPASSOCIAT 540222 Laurus Labs 73 - LAURUSLABS 532234 National Alumini 2 09/29/16 NATIONALUM
515145 Hind. NationalGl 47 09/21/16 HINDNATGLS 532209 Jammu & Kashmir Bank 4 3 07/13/16 J&KBANK 500250 LG Balakrishnan&Bros 6 07/08/16 LGBBROSLTD 523630 National Fertilizers 42 09/21/16 NFL
500186 Hind. Oil Explor 67 09/20/16 HINDOILEXP 520051 Jamna Auto Inds. 6 08/06/16 JAMNAAUTO 500253 LIC Housing Fi 45 08/11/16 LICHSGFIN 500298 National Peroxid 19 07/29/16 -
500104 Hind. Petrol 79 08/01/16 HINDPETRO 520066 Jay Bharat Marut 6 08/27/16 JAYBARMARU 523457 Linde India 64 05/10/16 LINDEINDIA 513023 Nava Bharat Ventures 30 07/27/16 NBVENTURES
500188 Hind. Zinc 62 06/04/16 HINDZINC 524330 Jayant Agro Org 19 09/07/16 JAYAGROGN 517518 Lloyd Electric 25 08/20/16 LLOYDELENG 532504 Navin Fluorine Inter 19 07/19/16 NAVINFLUOR
500185 Hind.ConstructionCo. 24 07/08/16 HCC 522285 Jayaswal Neco Indust 15 09/22/16 JAYNECOIND 533343 Lovable Lingerie Ltd 87 09/23/15 LOVABLE 539332 Navkar Corporation L 57 09/24/16 NAVKARCORP
500440 Hindalco Indus. 2 09/08/16 HINDALCO 533207 Jaypee Infratech Ltd 24 09/24/16 JPINFRATEC 532783 LT Foods Ltd. 88 09/14/16 DAAWAT 508989 Navneet Education 60 09/23/15 NAVNETEDUL
505982 Hinduja Foundries Lt 15 06/07/16 HINDUJAFO 514034 JBF Industries 87 09/22/16 JBFIND 532796 Lumax Auto Technolog 6 08/16/16 LUMAXTECH 534309 NBCC (India) 24 09/12/16 NBCC
532859 Hinduja Global Solut 23 09/21/16 HGS 532605 JBM Auto 6 08/27/16 JBMA 517206 Lumax Inds. 6 08/01/16 LUMAXIND 500294 NCC 24 08/10/16 NCC
500189 Hinduja Ventures 23 09/15/16 HINDUJAVEN 532617 Jet Airways 1 12/21/16 JETAIRWAYS 500257 Lupin Ltd. 73 07/27/16 LUPIN 532529 NDTV 39 07/27/16 NDTV
533217 Hindustan Media Vent 60 09/05/16 HMVL 511034 Jindal Drilling 67 09/15/16 JINDRILL 539542 Lux Industries 87 09/20/16 LUXIND 532649 Nectar Lifesciences 73 09/24/16 NECLIFE
500696 Hindustan Unilever L 40 06/24/16 HINDUNILVR 500227 Jindal Poly Films 68 09/21/16 JINDALPOLY 522241 M M Forgings Ltd. 15 08/31/16 MMFL 532864 Nelcast Ltd. 15 07/30/16 NELCAST
500191 HMT Ltd. 9 12/12/16 HMT 500378 Jindal Saw 53 12/16/16 JINDALSAW 532720 M&M Fin.Services 46 07/16/16 M&MFIN 500790 Nestle India 40 05/20/16 NESTLEIND
522064 Honda Siel Power 34 08/05/16 HONDAPOWER 532286 Jindal St & Pwr 53 07/19/16 JINDALSTEL 507836 Mac Charles 51 09/22/16 - 532798 Network 18 Media & I 46 09/26/16 NETWORK18
517174 Honeywell Automation 37 07/09/15 HONAUT 532508 Jindal Stainless 53 12/19/16 JSL 500264 Mafatlal Ind 87 08/05/16 - 524558 Neuland Laborat 73 08/08/16 NEULANDLAB
500193 Hotel Leela Ven. 51 09/17/16 HOTELEELA 539597 Jindal Stainless (Hi 53 09/19/16 JSLHISAR 524000 Magma Fincorp Ltd. 46 07/29/16 MAGMA 533098 NHPC 76 09/10/16 NHPC
540136 HPL Electric & Power 33 - HPL 532644 JK Cement 16 07/28/16 JKCEMENT 500266 Maha. Scooters 5 07/11/15 MAHSCOOTER 500304 NIIT Ltd. 23 07/23/16 NIITLTD
532662 HT Media 60 09/13/16 HTMEDIA 500380 JK Lakshmi Cement L 16 08/31/16 JKLAKSHMI 500265 Maha. Seamless 53 09/15/16 MAHSEAMLES 532541 NIIT Technologies 23 07/26/16 NIITTECH
532799 Hubtown 24 09/23/16 HUBTOWN 532162 JK Paper Ltd. 70 09/08/16 JKPAPER 539957 Mahanagar Gas 58 09/17/16 MGL 530377 Nila Infrastructures 24 09/03/16 NILAINFRA
509820 Huhtamaki PPL 68 04/29/16 PAPERPROD 530007 JK Tyre & Industries 90 08/27/16 JKTYRE 500520 Mahi. & Mahi 7 07/23/16 M&M 523385 Nilkamal Ltd. 75 07/29/15 NILKAMAL
500199 I G Petrochemicals L 19 08/25/16 IGPL 523405 JM Financial Ltd. 46 05/25/16 JMFINANCIL 532756 Mahindra CIE Auto 15 05/11/16 MAHINDCIE 500307 Nirlon 64 09/09/16 -
532174 ICICI Bank 43 06/18/16 ICICIBANK 522263 JMC Projects 24 08/06/16 JMCPROJECT 533088 Mahindra Holidays 51 07/23/16 MHRIL 532854 Nitin Fire Protectio 37 09/23/16 NITINFIRE
540133 ICICI Pru Life 46 - ICICIPRULI 513691 JMT Auto Ltd. 6 09/27/16 JMTAUTOLTD 532313 Mahindra Lifespace D 24 07/22/16 MAHLIFE 513683 NLC India L 76 09/09/16 NLCINDIA
532835 ICRA Ltd. 82 08/09/16 ICRA 523398 Johnson Controls-Hit 25 07/18/16 JCHAC 590078 Maithan Alloys Ltd. 41 08/23/16 MAITHANALL 526371 NMDC Ltd. 63 09/24/16 NMDC
500116 IDBI Bank Ltd. 44 07/16/16 IDBI 533148 JSW Energy Ltd. 76 07/13/16 JSWENERGY 539289 Majesco L 23 08/05/16 MAJESCO 500730 NOCIL Ltd. 72 07/21/16 NOCIL
532822 Idea Cellular Ltd. 65 09/24/16 IDEA 532642 JSW Holdings 46 06/28/16 JSWHL 533169 Man Infraconstructio 24 08/05/16 MANINFRA 500672 Novartis 73 07/16/15 -
532659 IDFC L 46 07/25/15 IDFC 500228 JSW Steel 53 07/06/16 JSWSTEEL 500268 Manali Petrochem 72 09/12/16 MANALIPETC 530367 NRB Bearings Lim 10 08/17/16 NRBBEARING
505726 IFB Industries 25 07/16/16 IFBIND 533155 Jubilant Foodworks L 40 08/26/16 JUBLFOOD 531213 Manappuram Finance 46 07/31/15 MANAPPURAM 531209 Nucleus Software 23 07/02/16 NUCLEUS
500106 IFCI Ltd. 46 09/22/16 IFCI 530019 Jubilant Life Scienc 73 08/20/16 JUBILANT 502157 Mangalam Cement 16 09/12/16 MANGLMCEM 533273 Oberoi Realty 24 06/27/15 OBEROIRLTY
532133 IFGL Refracto 64 08/18/15 IFGLREFRAC 535648 Just Dial 82 09/14/15 JUSTDIAL 530011 Mangalore Chem. 42 09/20/16 MANGCHEFER 502165 OCL India Limi 16 09/14/16 OCL
517380 Igarashi Motors Indi 33 07/29/16 IGARASHI 532926 Jyothy Laboratories 40 07/16/16 JYOTHYLAB 500109 Mangalore Refine 79 08/28/16 MRPL 531092 OM Metals Infraproje 78 09/26/16 OMMETALS
532636 IIFL Holdings 46 07/23/16 IIFL 500233 Kajaria Ceramics 18 08/18/16 KAJARIACER 539207 Manpasand Beverage 11 09/03/16 MANPASAND 532880 Omaxe Ltd. 24 09/24/16 OMAXE
532907 IL&FS Engineering 24 09/19/16 IL&FSENGG 522287 Kalpataru Power 77 08/06/16 KALPATPOWR 503101 MarathonNextgenRea 24 09/19/16 MARATHON 500312 ONGC 67 09/02/16 ONGC
511208 IL&FS Investment Man 46 08/02/16 IVC 533302 Kalyani Investment 46 08/11/16 KICL 531642 Marico Ltd. 40 07/30/16 MARICO 532944 OnMobile Global Ltd. 65 09/07/16 ONMOBILE
533177 IL&FS Transportation 89 08/02/16 IL&FSTRANS 500235 Kalyani Steel 53 08/11/16 KSL 524404 Marksans Pharma 73 09/24/16 MARKSANS 530135 Optiemus Infracom 86 12/24/16 -
533177 Indag Rubber 81 08/02/16 IL&FSTRANS 532468 Kama Holdings Ltd. 46 09/21/16 - 532500 Maruti Suzuki India 7 09/02/16 MARUTI 532466 Oracle Financial Ser 23 09/01/16 OFSS
530005 India Cements Lt 16 08/23/16 INDIACEM 500165 Kansai Nerolac Paint 69 06/16/16 KANSAINER 523704 Mastek Li 23 07/18/16 MASTEK 513121 Oricon Enterprises L 68 08/11/16 ORICONENT
500201 India Glycols 19 09/20/16 INDIAGLYCO 532652 Karnataka Bank 43 07/22/16 KTKBANK 500271 Max Financial Servic 46 09/21/16 MFSL 535754 Orient Cement Ltd. 16 07/19/16 ORIENTCEM
590065 India Motor Part 88 08/23/16 IMPAL 532899 Kaveri Seed Company 49 09/24/16 KSCL 539981 Max India 68 09/21/16 MAXINDIA 533263 Orient Green Power C 76 08/08/16 G REENPOWER
532240 India Nippon Ele 6 08/21/16 INDNIPPON 539276 Kaya L 40 07/29/16 KAYA 522249 Mayur Uniquoters 75 07/05/16 MAYURUNIQ 502420 Orient Paper 30 08/16/16 ORIENTPPR
532189 India Tourism De 51 09/26/16 ITDC 590066 KCP Ltd. 16 08/01/16 KCP 532654 McLeod Russel 74 07/28/16 MCLEODRUSS 534076 Orient Refractories 64 09/15/16 ORIENTREF
535789 Indiabulls Housing F 46 09/08/16 IBULHSGFIN 532714 KEC International Lt 77 07/23/16 KEC 534091 MCX 82 09/14/16 MCX 500315 Oriental Bank of 44 06/17/16 ORIENTBANK
532832 Indiabulls Real Esta 24 09/19/16 IBREALEST 517569 KEI Industries 12 08/31/16 KEI 512267 Media Matrix Worldwi 39 09/24/16 - 506579 Oriental Carbon 14 07/16/16 OCCL
532960 Indiabulls Ventures 46 09/08/16 IBVENTURES 519602 Kellton Tech Solutio 23 12/09/15 KELLTONTEC 532865 Meghmani Organics Lt 71 07/19/16 MEGH 500314 Oriental Hotels 51 07/19/16 ORIENTHOT
500850 Indian Hotels Co 51 08/17/16 INDHOTEL 505890 Kennametal India 37 11/08/16 - 523828 Menon Bearings L 10 07/18/16 MENONBE 590086 Orissa Minerals Deve 63 09/20/16 ORISSAMINE
504741 Indian Hume Pipe 17 07/20/16 INDIANHUME 524174 Kesar Petroprod. 19 09/22/16 - 539126 MEP Infrastructure 52 07/30/16 MEP 501179 Oscar Investment 46 09/23/16 -
530965 Indian Oil Corp 79 09/07/16 IOC 502937 Kesoram Industri 30 07/22/16 KESORAMIND 526235 Mercator Ltd. 30 07/23/16 MERCATOR 539290 Oswal Green Tech 46 09/23/16 BINDALAGRO
532388 Indian Overseas 44 07/12/16 IOB 532732 Kewal Kiran Clothing 80 09/01/16 KKCL 500126 Merck Ltd. 73 04/26/16 MERCK 500459 P&G Hygiene&Health 40 11/26/16 PGHH
533329 Indian Terrain Fashi 87 09/24/16 INDTERRAIN 524019 Kingfa Science & Tec 75 09/09/16 KINGFA 540023 Millitoons Entertain 39 09/22/16 - 532827 Page Industries Ltd. 87 08/05/16 PAGEIND
521016 Indo Count Inds. 87 07/19/16 ICIL 532967 Kiri Industries 31 09/16/16 KIRIINDUS 538962 Minda Corporation 6 09/16/16 MINDACORP 531349 Panacea Biotec L 73 09/24/16 PANACEABIO
500207 Indo Rama Synth. 87 09/23/16 INDORAMA 500241 Kirloskar Bros. 37 07/20/15 - 532539 Minda Industries 6 08/05/16 MINDAIND 539889 Parag Milk Foods 40 - PARAGMILK
532612 Indoco Remedies 73 07/22/16 INDOCO 500245 Kirloskar Ferrou 53 07/19/16 - 532819 MindTree Ltd. 23 07/12/16 MINDTREE 532780 Parsvnath Developers 24 09/23/16 PARSVNATH
532514 Indraprastha Gas Ltd 64 09/20/16 IGL 500243 Kirloskar Industries 37 08/09/16 KIRLOSIND 526642 Mirza International 55 09/23/16 MIRZAINT 531120 Patel Engg. Ltd. 24 09/22/15 PATELENG
532150 Indraprastha Med 50 08/20/16 INDRAMEDCO 533293 Kirloskar Oil Engine 37 08/03/16 KIRLOSENG 513377 MMTC Ltd. 88 09/17/16 MMTC 534809 PC Jeweller L 29 09/13/16 PCJEWELLER
506222 INEOS Styrolution 72 08/06/16 INEOSSTYRO 505283 Kirloskar Pneumatic 21 07/23/15 - 539007 Modi Udyog 88 07/26/16 - 538730 PDS Multi. Fashions 87 09/22/16 PDSMFL
539807 Infibeam Incorp 82 09/09/16 INFIBEAM 521248 Kitex Garments 87 06/04/16 KITEX 533286 MOIL Ltd. 63 08/24/15 MOIL 539333 Pennar Engineered Bu 37 09/23/16 PENPEBS

513228 Pennar Industrie 53 09/23/16 PENIND 539450 S H Kelkar & Company 19 08/01/16 SHK 513262 Steel Strips Wheels 6 09/24/16 SSWL 521064 Trident Ltd. 87 08/20/16 TRIDENT
533179 Persistent Systems 23 07/19/16 PERSISTENT 540048 S P Apparels Ltd. 87 - SPAL 530759 Sterling Tools L 37 09/23/16 STERTOOLS 532356 Triveni Eng.&Ind.Ltd 85 09/21/15 TRIVENI
532522 PetronetLNG 72 09/15/16 PETRONET 532710 Sadbhav Engineering 24 09/17/16 SADBHAV 532374 Sterlite Technologie 13 08/27/16 STRTECH 533655 Triveni Turbine 34 08/04/15 TRITURBINE
500680 Pfizer Ltd. 73 06/29/16 PFIZER 539346 Sadbhav Infrastructu 78 09/22/16 SADBHIN 504959 Stovec Indus. 38 05/19/16 - 517506 TTK Prestige L 25 08/01/16 TTKPRESTIG
517296 Phoenix Lamps 6 09/21/16 PHOENIXLL 523025 Safari Indus. 75 08/05/16 - 532531 Strides Shasun L 73 07/23/16 STAR 532515 TV Today Network Ltd 39 08/25/16 TVTODAY
503100 Phoenix Mills 24 09/02/16 PHOENIXLTD 502090 Sagar Cements 16 09/22/16 SAGCEM 532348 Subex Ltd. 23 09/06/16 SUBEX 540083 TV Vision 39 - TVVISION
523642 PI Industries 71 09/02/16 PIIND 515043 Saint-Gobain Sekurit 47 07/22/16 - 517168 Subros Ltd. 6 07/30/16 SUBROS 532800 TV18 Broadcast 39 09/26/16 TV18BRDCST
539883 Pilani Investmen 46 09/09/16 PILANIINVS 507315 Sakthi Sugars 85 09/21/16 SAKHTISUG 506655 Sudarshan Chem. 31 08/01/16 SUDARSCHEM 532343 TVS Motor Co. Ltd. 5 07/28/15 TVSMOTOR
523648 Plastiblends Ind 75 07/15/16 PLASTIBLEN 504918 Sandur M & I Ore 63 09/08/16 - 533306 Summit Securities 46 09/21/16 SUMMITSEC 509243 TVS Srichakra Lt 90 09/16/16 TVSSRICHAK
532366 PNB Gilts Ltd. 46 09/10/16 PNBGILTS 514234 Sangam India Ltd 87 09/24/16 SANGAMIND 532872 Sun Pharma Advanced 64 07/23/16 SPARC 532505 UCO Bank 44 06/23/16 UCOBANK
540173 PNB Housing Finance 45 - PNBHOUSING 526521 Sanghi Industrie 17 09/29/15 SANGHIIND 524715 Sun Pharma. 73 09/10/16 SUNPHARMA 530131 Udaipur Cement Works 16 09/10/16 -
539150 PNC Infratech 24 09/24/16 PNCINFRA 530073 Sanghvi Movers L 38 09/08/16 SANGHVIMOV 532733 Sun TV Network Ltd. 39 09/16/16 SUNTV 500148 Uflex Ltd. 68 07/26/16 UFLEX
539347 Pneumatic Holdings 46 08/08/16 PNEUMATIC 500674 Sanofi India 73 04/19/16 SANOFI 520056 Sundaram Clayton 6 08/19/15 SUNCLAYLTD 539141 UFO Moviez India Ltd 39 09/07/16 UFO
523628 Poddar Housing & Dev 24 07/29/16 - 504614 Sarda Energy & Miner 53 08/10/15 SARDAEN 500403 Sundaram Fasten. 6 08/12/16 SUNDRMFAST 533644 Ujaas Energy 35 09/16/16 UJAAS
532254 Polaris Consulting 23 06/28/16 POLARIS 532663 Sasken Comm.Tech. 23 09/12/15 SASKEN 590071 Sundaram Finance 46 07/08/16 SUNDARMFIN 539874 Ujjivan Financial 46 08/04/16 UJJIVAN
531768 Poly Medicure Lt 61 09/21/16 POLYMED 539404 Satin Creditcare 46 07/23/16 SATIN 500404 Sunflag Iron 53 09/17/16 SUNFLAG 506685 Ultramarine Pig. 31 08/01/16 -
524051 Polyplex Corpn. 68 09/24/16 POLYPLEX 524667 Savita Oil Tech 72 09/17/16 SOTL 532711 Sunil Hitech Enginee 78 09/16/16 SUNILHITEC 532538 UltraTech Cement 16 07/07/16 ULTRACEMCO
532810 Power Finance Co 46 08/13/16 PFC 500112 SBI 44 06/07/16 SBIN 512179 Sunteck Realty Ltd. 24 09/26/16 SUNTECK 506690 Unichem Labs 73 07/18/16 UNICHEMLAB
539302 Power Mech Projects 78 09/26/16 POWERMECH 534139 Schneider Electric 33 09/17/16 SCHNEIDER 532509 Suprajit Enginee 6 09/21/16 SUPRAJIT 500429 Uniphos Enterprises 88 06/18/16 UNIENTER
539351 Prabhat Dairy 40 09/23/16 PRABHAT 532900 SE Investments 46 09/24/16 SEINV 509930 Supreme Inds. 75 06/22/16 SUPREMEIND 532646 Uniply Industries 54 09/23/16 UNIPLY
522205 Praj Industries 38 07/31/15 PRAJIND 512529 Sequent Scientific 73 09/19/16 SEQUENT 500405 Supreme Petroche 72 08/22/16 SUPPETRO 507878 Unitech Ltd. 24 09/07/16 UNITECH
506022 Prakash Indus. 30 09/27/16 PRAKASH 502450 Seshasayee Paper 70 07/16/16 SESHAPAPER 500336 Surya Roshni Ltd 53 09/06/16 SURYAROSNI 532478 United Breweries Ltd 11 09/01/16 UBL
539636 Precision Camshafts 6 09/18/16 PRECAM 505075 Setco Automotive 6 09/22/16 SETCO 532782 Sutlej Textiles & In 87 08/21/16 SUTLEJTEX 532432 United Spirits 11 09/22/14 MCDOWELL-N
533274 Prestige Estates Pro 24 09/20/16 PRESTIGE 524324 Seya Industries 19 09/22/16 - 530239 Suven Life Sciences 73 08/08/16 SUVEN 517146 Usha Martin Ltd. 53 08/02/16 USHAMART
532748 Prime Focus 39 09/26/16 PFOCUS 501423 Shaily Engineering P 75 07/26/16 - 532667 Suzlon Energy Ltd. 38 09/24/16 SUZLON 511736 Ushdev Internati 88 08/27/16 -
500338 Prism Cement Lim 16 08/17/16 PRISMCEM 522034 Shanthi Gears 6 07/16/16 SHANTIGEAR 503310 Swan Energy Ltd. 87 09/15/16 SWANENERGY 513216 Uttam Galva Steels 53 08/24/15 UTTAMSTL
534675 Prozone Intu Propert 24 09/24/15 PROZONINTU 535602 Sharda Motor Ind 6 09/01/16 SHARDAMOTR 500407 Swaraj Engines 37 07/09/16 SWARAJENG
539123 V B Industries 46 09/15/16 -
505502 PS IT Infrastructure 46 09/13/16 - 540203 Sheela Foam 72 - SFL 517385 Symphony 25 08/03/16 SYMPHONY
534976 V Mart Retail 80 09/22/16 VMART
532524 PTC India 76 09/16/16 PTC 538685 Shemaroo Entertainme 39 09/20/16 SHEMAROO 532276 Syndicate Bank 44 06/18/16 SYNDIBANK
539331 V-Guard Ind.Ltd. 33 09/26/16 VETO
533344 PTC India Financial 46 09/16/16 PFS 530549 Shilpa Medicare L 73 09/22/16 SHILPAMED 539268 Syngene Internationa 64 - SYNGENE
533269 Va Tech Wabag Ltd. 37 07/16/16 WABAG
509220 PTL Enterprises 90 07/28/16 PTL 533389 Shilpi Cable Technol 13 09/24/16 SHILPI 531426 T Nadu Newsprint 70 09/22/16 TNPL
532156 Vaibhav Global Ltd. 29 07/21/16 VAIBHAVGBL
532693 Punj Lloyd 24 08/03/16 PUNJLLOYD 523598 Shipping Corpn. 84 09/20/16 SCI 532390 Taj GVK Hotels & Res 51 07/30/16 TAJGVK
511431 Vakrangee 23 09/26/16 VAKRANGEE
533295 Punj. & Sind Ban 44 06/22/16 PSB 511108 Shiva Texyarn Ltd. 87 09/22/16 SHIVTEX 532890 Take Solutions Ltd. 23 08/20/16 TAKE
- Vardhman Acrylics Lt 87 08/07/15 VARDHACRLC
532461 Punj. NationlBak 44 06/25/16 PNB 532776 Shivam Autotech Ltd. 6 09/22/16 SHIVAMAUTO 533200 Talwalkars Better Va 64 09/03/16 TALWALKARS
500439 Vardhman Holdings 46 08/13/16 VHL
532891 Puravankara 24 09/20/16 PURVA 532638 Shoppers Stop 80 07/25/16 SHOPERSTOP 532790 Tanla Solutions 23 09/05/16 TANLA
502986 Vardhman Textiles Lt 87 08/29/16 VTL
532689 PVR Ltd. 39 09/22/16 PVR 539334 Shree Pushkar Chemic 19 08/03/16 SHREEPUSHK 519091 Tasty Bite 40 08/27/16 -
540180 Varun Beverages Ltd. 11 - VBL
539978 Quess Corp 82 - QUESS 500356 Shree Rama Newsprint 70 09/01/16 RAMANEWS 500770 Tata Chemicals 20 08/04/16 TATACHEM
533156 Vascon Engineers Ltd 24 09/23/15 VASCONEQ
539678 Quick Heal Technolog 23 07/25/16 QUICKHEAL 532670 Shree Renuka Sugars 85 09/20/16 RENUKA 532301 Tata Coffee Ltd. 74 07/12/16 TATACOFFEE
523261 Venky’s (India) Ltd. 49 09/12/16 VENKEYS
532735 R Systems Internat. 23 06/09/16 RSYSTEMS 532498 Shriram City Uni 46 07/22/16 SHRIRAMCIT 532540 Tata Consultancy 23 06/08/16 TCS
520113 Vesuvius India 64 04/29/15 VESUVIUS
532497 Radico Khaitan Ltd. 11 07/06/16 RADICO 532945 Shriram EPC Ltd. 78 09/12/16 SHRIRAMEPC 500408 Tata Elxsi Ltd. 23 07/19/16 TATAELXSI
511389 Videocon Industries 25 06/15/16 VIDEOIND
500339 Rain Industries 16 04/29/16 RAIN - Shriram Pistons 6 - SHRIPISTON 500800 Tata Global Beverage 74 08/10/16 TATAGLOBAL
532401 Vijaya Bank 44 06/18/16 VIJAYABANK
531500 Rajesh Exports L 29 09/24/16 RAJESHEXPO 511218 Shriram Trans.Fi 46 07/20/16 SRTRANSFIN 501301 Tata Investment 46 07/30/16 TATAINVEST
530961 Vikas Ecotech L 81 09/24/16 VIKASECO
500355 Rallis India 71 06/14/16 RALLIS 511411 Shristi Infrastructu 24 09/17/16 - 513434 Tata Metaliks 53 06/23/16 TATAMETALI
524200 Vinati Organics 19 07/27/16 VINATIORGA
532369 Ramco Industries 17 09/17/15 RAMCOIND 520086 Sical Logistics 57 07/22/16 SICAL 500570 Tata Motors Ltd. 8 07/20/16 TATAMOTORS
517015 Vindhya Telelink 13 08/12/16 VINDHYATEL
532370 Ramco Systems Lt 23 08/06/15 RAMCOSYS 500550 Siemens Ltd. 37 01/23/16 SIEMENS 500400 Tata Power Co. 76 09/09/16 TATAPOWER
507880 VIP Indus. 75 07/18/16 VIPIND
532527 Ramkrishna Forgings 15 09/17/16 RKFORGE 512131 Signet Industries 72 09/24/16 SIGNET 513010 Tata Sponge Iron 53 07/06/16 TATASPONGE
511726 Vipul Ltd. 24 09/18/16 VIPULLTD
532661 Rane (Madras) 6 07/24/15 RML 523838 Simplex Infrastructu 24 09/14/16 SIMPLEXINF 500470 Tata Steel 53 07/30/16 TATASTEEL
538598 Vishal Fabrics Ltd. 87 09/19/16 -
532987 Rane Brake Lining Lt 6 07/13/15 RBL 502742 Sintex Industrie 30 08/22/15 SINTEX 532371 Tata Teleservices (M 65 08/22/16 TTML
532660 Vivimed Labs 73 09/26/16 VIVIMEDLAB
532988 Rane Engine Valve Lt 6 07/14/15 RANEENGINE 532795 SITI Networks 39 09/21/16 SITINET 540212 TCI Express 57 - TCIEXP
532757 Voltamp Transformers 77 08/01/16 VOLTAMP
505800 Rane Holdings Ltd. 46 08/05/15 RANEHOLDIN 503811 Siyaram Silk 87 09/07/16 SIYSIL 523301 TCPL Packaging 60 08/02/16 -
500575 Voltas Ltd. 30 08/09/16 VOLTAS
524230 Rashtriya Chemicals 42 09/17/16 RCF 533206 SJVN Ltd. 76 09/16/16 SJVN 533553 TD Power Systems Ltd 34 09/16/16 TDPOWERSYS
539118 VRL Logistics Ltd. 57 08/01/15 VRLLOG
520111 Ratnamani Metals 53 08/18/16 RATNAMANI 500472 SKF India 10 07/12/16 SKFINDIA 539658 TeamLease Service 64 07/27/16 TEAMLEASE
509966 VST Industries 40 08/04/16 VSTIND
534597 RattanIndia Infra 52 09/24/15 RTNINFRA 539861 SKIL Infrastructure 24 09/21/16 SKIL 532755 Tech Mahindra Ltd. 23 07/30/16 TECHM
531266 VST Tillers Tr 9 08/23/16 VSTTILLERS
533122 RattanIndia Power 76 09/24/16 RTNPOWER 538562 Skipper Ltd. 37 08/02/16 SKIPPER 533281 Techno Electric & En 38 08/01/16 TECHNO
533023 WABCO India 6 07/27/16 WABCOINDIA
504341 Ravindra Energy Ltd. 46 09/21/16 - 505192 SML Isuzu Ltd. 8 07/30/16 SMLISUZU 532804 Technocraft Industri 53 09/26/16 TIIL
500330 Raymond Ltd 87 05/28/16 RAYMOND 532815 SMS Pharmaceuticals 73 09/24/16 SMSPHARMA 505400 Texmaco Infrastructu 24 09/20/16 TEXINFRA 507410 Walchandnagar 38 02/07/15 WALCHANNAG
540065 RBL Bank 43 12/17/05 RBLBANK 538635 Snowman Logistics Lt 57 09/12/16 SNOWMAN 533326 Texmaco Rail & Engin 38 09/20/16 TEXRAIL 532144 Welspun Corp 53 06/27/16 WELCORP
532805 Redington (India) Lt 22 07/21/16 REDINGTON 532784 Sobha 24 07/23/16 SOBHA 531373 The Byke Hospitality 51 09/13/16 BYKE 532553 Welspun Enterprises 24 09/22/16 WELENT
530517 Relaxo Footwears 55 09/09/16 RELAXO 532725 Solar Industries Ind 64 09/17/16 SOLARINDS 522073 The Hi-Tech Gears 6 09/17/16 HITECHGEAR 514162 Welspun India 87 06/27/16 WELSPUNIND
523445 Reliance Ind.Inf 78 05/24/16 RIIL 531548 Somany Ceramics Ltd. 18 08/23/16 SOMANYCERA 540210 The Mandhana Retail 80 - TMRVL 500444 West Coast Paper 70 08/20/16 WSTCSTPAPR
500325 Reliance Inds. 30 05/12/15 RELIANCE 520057 Sona Koyo Steer. 6 07/30/16 SONASTEER 500260 The Ramco Cements 16 07/31/15 RAMCOCEM 505533 Westlife Development 51 09/24/16 -
500390 Reliance Infrastruct 76 09/17/16 RELINFRA 532221 Sonata Software 23 07/24/15 SONATSOFTW 530199 Themis Medicare Ltd. 73 09/08/16 THEMISMED 590073 Wheels India Ltd. 6 08/01/16 WHEELS
532939 Reliance Power L 76 09/17/16 RPOWER 532218 South Indian Ban 43 07/02/16 SOUTHBANK 500412 Thirumalai Chem. 19 07/23/16 TIRUMALCHM 500238 Whirlpool of Ind 25 09/06/16 WHIRLPOOL
532712 RelianceCommu.Ltd 65 09/17/16 RCOM 500285 Spicejet Ltd. 1 12/20/16 - 500413 Thomas Cook (I) 64 08/26/16 THOMASCOOK 526586 Wim Plast Ltd 75 08/17/15 -
532915 Religare Enterprises 46 08/29/16 RELIGARE 533121 SQS India BFSI 23 07/23/16 SQSBFSI 539871 Thyrocare Tech. 50 09/05/16 THYROCARE 507685 Wipro Ltd 23 07/13/16 WIPRO
535322 Repco Home Finance L 45 09/16/16 REPCOHOME 523756 SREI Infrastructure 46 07/29/16 SREINFRA 590005 Tide Water Oil 59 09/22/16 TIDEWATER 532300 Wockhardt Ltd. 73 08/06/16 WOCKPHARMA
532687 Repro India Ltd. 60 08/01/16 REPRO 503806 SRF Ltd. 87 08/01/16 SRF 532856 Time Technoplast Ltd 68 09/23/16 TIMETECHNO 538268 Wonderla Holidays Lt 64 07/26/16 WONDERLA
505509 Responsive Industrie 75 09/03/16 RESPONIND 530943 Sri Adhikari Bro 39 09/24/16 SABTN 500414 Timex Group India 25 08/01/16 - 532616 Xchanging Solutions 23 06/21/16 XCHANGING
520008 Rico Auto Inds. 6 09/17/16 RICOAUTO 513605 Srikalahasthi Pipes 53 08/22/16 SRIPIPES 522113 Timken India Ltd 10 08/04/16 TIMKEN 511012 Yamini Investments 46 09/24/16 -
500366 Rolta India 23 08/18/16 ROLTA 533305 SRS Real Infrastruct 24 09/26/16 - 504966 Tin Plate Co. 62 06/16/16 TINPLATE 532648 YES Bank Ltd. 43 06/01/16 YESBANK
532983 RPG Life Sciences 73 07/21/16 RPGLIFE 531723 Stampede Capital 46 09/26/16 STAMPEDE 532966 Titagarh Wagons Ltd. 38 09/19/15 TWL 505537 Zee Entertainment En 39 07/11/15 ZEEL
533284 RPP Infra Projects L 24 09/03/16 RPPINFRA 536666 Star Ferro & Cement 41 09/06/16 SFCL 500114 Titan Company 25 07/26/16 TITAN 533287 Zee Learn Ltd. 23 09/13/16 ZEELEARN
500350 RSWM Ltd. 87 09/21/16 RSWM 501061 State Bank Of Bi 44 05/07/16 SBBJ 500420 Torrent Pharmac 73 06/17/15 TORNTPHARM 532794 Zee Media Corp 39 08/01/15 ZEEMEDIA
503169 Ruby Mills 87 09/16/16 RUBYMILLS 532200 State Bank Of My 44 05/07/16 MYSOREBANK 532779 Torrent Power Ltd. 76 06/15/15 TORNTPOWER 533339 Zen Technologies Ltd 23 09/17/16 ZENTEC
500368 Ruchi Soya Inds. 32 09/21/15 RUCHISOYA 512531 State Trading 88 09/22/16 STCINDIA 526650 Tourism Finance 46 09/19/16 TFCILTD 504067 Zensar Technologies 23 07/13/16 ZENSARTECH
533552 Rupa & Company L 87 09/09/15 RUPA 532191 StateBnkOfTravan 44 05/07/16 SBT 532928 Transformers & Recti 77 09/10/16 TRIL 505163 ZF Steering Gear 6 09/26/16 -
532955 Rural Electrific 46 08/24/16 RECLTD 500113 Steel Authority 53 08/23/16 SAIL 500251 Trent Ltd. 80 08/03/16 TRENT 534742 Zuari Agro Chemicals 42 08/02/16 ZUARI
533470 Rushil Decor Ltd. 54 09/17/16 RUSHIL 534748 Steel ExchangeIndia 53 09/24/16 - 534369 Tribhovandas Bhimji 29 09/13/16 TBZ 531335 Zydus Wellness Ltd. 40 07/25/16 ZYDUSWELL

Cover Story
The new year also brings the new
union budget document and this
time Narendra Modi-led NDA
government is under pressure to
come up with a budget for the fiscal
year pleasing all the quarters of the
population. A budget which will not
only protect the interests of the
commoners but also India Inc. in
these days of post-demonetisation.
While Union Finance Minister, Arun
Jaitley and his men have been
working over-time to finalise the
critical document, Abhishek Kumar
and Lohit Bharambe along with
Arshad Hippargi bring you this
report on the expectations of
corporate India.
T
he Budget for FY18 is We are expecting a landmark budget with to expedite growth of the economy.
scheduled on February 1, radical measures. NITI Aayog along with
2017 against the normal four to five sectoral groups have been set After demonetisation drive for curbing
schedule of February-end. to discuss new initiatives and budget black money, some positive
While it is expected that the proposals. The government is in a sweet announcements are eagerly awaited from
government’s tax revenues would rise spot in terms of fiscal situation and has Union budget to provide relief to the
substantially on account of space to roll out stimulus in the budget common people as well as the business
demonetisation and owing to widening for FY18. The effort will be to cushion the class. The government may come up
of the tax base due to Income Disclosure impact of the demonetisation drive with new income tax slabs for the
Scheme. This budget is also special, as for starting from the new year. Meanwhile, salaried class. At the same time, there
the first time, the railway budget will not aggressive correction in the market has may be reduction in corporate taxes in a
be a separate event as it will be factored in Q3FY17 earnings. phased manner.
incorporated into the general budget
itself. Considering the rough run up to The NDA government is changing track SECTORAL EXPECTATIONS
this budget, the expectations of ‘feel- by incorporating the railway budget into In the run up to this budget, the Indian
good’ factors being highlights of the Union budget, instead of presenting the economy was comfortably growing at a
Union Budget 2017-18 are high. railway budget separately as has been the rapid pace by registering a GDP growth
convention till now. This is a dramatic of around 7.6 per cent in the second
The budget for the Central government departure from the 92-year-old quarter of FY17 until November 8, 2016,
is about `20 lakh crore. As per convention. The process of preparing the when PM Modi announced
government, its revenue is likely to railway budget remains unchanged. A demonetisation of high value currency
remain about `16 lakh crore for the single appropriation bill would be notes. The decision was initially
current year. The shortfall in the income prepared with the estimates of the welcomed by one and all in the hope that
will be bridged through borrowings. railway budget as well. The reasoning it will clean up the economy by
behind the move is to save time for the combating rampant use of illicit and
After so much announcements and government by not having to table two unaccounted cash. However, the move
reforms, some action plans are expected separate bills in the parliament. has caused significant damage to the
from the government. The Union Budget economy which was sailing smoothly
FY18 is likely to be taxpayer-friendly Tax reforms are few of the major radical before demonetisation. The economy also
after the painful implementation of changes expected for the upcoming seems to be getting ready to shift gears
demonetisation drive. Union budget. The Goods and Service further. As of now, demonetisation is
Tax (GST) is at an important stage as it expected to have lasting impact on several
STRUCTURAL CHANGES expected to be implemented from April vital segments of the Indian economy,
There is a lot of buzz around Budget 2017 1, 2017. The government will also have to including automobiles, FMCG and scores
which will be presented on February 1. see allocation of funds for various sectors of other cash-dependent businesses.

As with every Union Budget, there are
always those built-in expectations from
the business community and investors,
Promises vs Reality
along with the public at large. This Looking back, union budget 2016-17 was pro-poor and pro-farmer with majority
budget too does seems to suggest the of the allocations made towards the growth of rural economy of the country.
high expectations that corporate India However, rain god helped with sufficient downpour throughout the country after
has from the current dispensation. This two consecutive years of drought like situation which further boosted the rural
budget also holds significance for the economy and crop sowing activity. Therefore, the government’s budget allocations
NDA government as it comes post the coupled with monsoon helped the economy to grow at 7.6 per cent in the second
aftermath of ‘surgical’ currency quarter of FY17. Other than the agriculture sector, there were also green shoots
demonetisation by the government visible in automobile, infrastructure, steel etc. where a considerable amount of
which has resulted in a slump in demand expenditure was made by the union government.
leading to an economic slowdown in the
short term, and consequently hurting all Coming on infrastructure front, there were more than `7290 crore allocated to
the allied sectors and industries in the AMRUT and Smart Cities schemes which hardly got kicked off in the manner
country. Therefore, all eyes would be on which the government had expected. However, there were several projects which
the Union Budget which is expected to started floating in the market for smart cities and many of the companies such
be high on substance and less on the L&T, Sterlite Technologies bagged various orders under the scheme from
rhetoric given the amount of pain that respective cities’ local administrative bodies.
the country had to go through in the
50-day demonetisation period. Government failed to do enough when it came to NPA mess created by the banks
and resolution seemed to be farfetched at current juncture.
In the upcoming budget, expectations
are that a significant part of the budget After demonetisation move, there were slightly disruptions in the country causing
will focus on taxation which seems to sudden fall in demand in several sectors such as automobiles, consumer durables
have been a growing chorus going into and mostly in the cash dependent unorganised sectors. Banking sector remained
the budget session this year. The FM too quite busy during the demonetisation drive which is destined to give the banks and
had announced in his previous budget related industry major boost in near term. More or less, the government managed
speech that the overall tax rates would be to live up to its budget promises when it comes to the urban infrastructure and also
bought down in order to widen the its pro-poor policies. But when we look at the gravity of financial reforms expected
scope of tax base which will be aided by coming from the union government as per the budget document, we will give 50
both the income declaration and out of 100 to the present government.
demonetisation. This will certainly allow
the government to lower the tax rates attention even as the government the US presidential election and
and at the same time make India an expends more on social spending such as demonetisation. The emerging markets
attractive destination for foreign healthcare and education. economies expect the outflows to
investors in line with other global happen post Fed going ahead with an
emerging markets. interest rate hike in December which too
WILL THE MARKETS SEE A has played spoilsport in the past one
The government will likely focus on both PRE-BUDGET RALLY? month.
corporate and personal taxes. However, As the Narendra Modi–led government
it is imperative for the government to do prepares to present its third Union Since 2012, when the Manmohan Singh–
more for job creation as that would Budget on Feb 1, markets have been led United Progressive Alliance (UPA)
ultimately boost demand and positively in a wait-and-watch mode, given the just was in the power, on two occasions
impact private consumption. Special concluded 50-day demonetisation drive. — 2012 and 2013 — the S&P BSE Sensex
emphasis need to be placed on railways The Indian markets have been moving had lost more than two per cent. In 2014,
as the railway network is the back bone downwards ever since the currency the 30-stock bellwether index delivered
of the country’s economy. Huge capital demonetisation drive was undertaken by positive returns in the NDA
infusion is needed in railways to put it the government. The S&P BSE Sensex government’s maiden budget under the
on the right track if India has to achieve has shed four per cent since the leadership of PM Modi. However, the
double digit growth rate in the years to development. The primary reason for next two budgets of the NDA
come. The FM needs to do more for the current fall has been the government did not yield any pre-budget
start-ups, more for incentivisation for demonetisation drive which has returns in 2015 and 2016.
job creations in organised sector, more negatively impacted the overall investor
on skills development, more on training sentiments. While history suggests that the budget’s
and re-training. These are the key areas The Indian markets has also been influence on the short term performance
which will certainly need prime severely affected by the FII outflows post has been negative (declining trend),

Defence Agriculture
• Finance Minister Arun Jaitley hinted that the lower • Though the monsoon was above normal last year, it is
amount of cash in circulation will help the country expected that this budget will continue with the
reduce its fiscal deficit and increase budgetary pro-poor and pro-farmer policies laid down in the
allocations for defence and rural infrastructure. previous budgets.
• India has jumped to the fourth spot in defence • Successive droughts and falling commodity prices had
spending. There will be more allocation for year added to agrarian distress.
2017-18 as defence allocation stood at 2.58 lakh crore
for the FY17 with an increment of 9.57 per cent on YoY • Focus on pitching for use of latest technology in
basis. agriculture sector.
• Funds will be allocated for the 'one-rank, one-pension' • Bankers also suggested that a Krishi Udyam Nidhi be
scheme created for giving a boost to sector-related start-ups
and IT applications.
• NABARD also needs capitalisation of to the tune of

`2,500 crore.
Healthcare • Union FM released `1,981.54 crore for Polavaram
• Finance Minister to give green signal to ‘Digital Card' irrigation project in the last week of December 2016.
to connect people through various schemes.
• During last year’s budget, 99 irrigation projects were
• More funds may be allocated towards Jan Aushadhi sanctioned. This budget may also see sanctions for
Yojana more such projects.
• Government may try to focus on the neglected sections • Farm sector experts have suggested incentivising states
of society in the form of policies and allocations to to undertake market reforms, create corpus fund for
‘Health for All’ promoting farm mechanisation and micro irrigation.
• To provide interest subvention for term loans to

farmers to double farm income by 2022.
Cashless Economy
• Spread awareness in rural areas for cashless Housing Sector
transactions
• Reducing tax rate to give rise to more demand for the
• Keep a tap on security measures for cashless sector
transactions
• The Federation of Indian Chambers of Commerce and
• Encouragement to the electronic payment equipment Industry (FICCI) has proposed that the deduction
manufacturers available under section 24 for interest on home loan be
increased to `3 lakh from the existing limit of `2 lakh.
• More funds will be allocated for public sector banking
for their wallets and cashless mechanism • Interest rate cut cycle from banking sector to aid people
for getting cheaper home loans.
• Allocation of funds to start-ups that can encourage
companies providing services of payment wallets • Last year’s budget promoted low cost housing and
offered cheaper home loans to individuals who opted for

Railways Education
• The Indian Railways is expected to have an operating • Interest rate cut cycle will reduce repayments of
ratio of 94 per cent for FY17 despite huge liability on education loans which will bring cheer to the students
account of Seventh Pay Commission. Operating ratio
shows how much of revenue goes into meeting • Centre may consider allocation of funds for building
expenses. more IITs and IIMs in the country
• Considering lot of cases of train derailments, the rail

ministry plans to set up a dedicated rail safety fund and
the finance ministry has given in-principle approval for
Manufacturing
railway safety. More money is expected to be allocated • Funds allocation for various schemes for start-ups and
for safety in the next budget. businesses such as Skill India, Make in India, Start-Up
India, etc. through tax breaks and other goodies.
• Fare review mechanism likely to be implemented.
Railways have already introduced flexi-fare system on • Encouragement to foreign investors to set up plants in
premium trains. the country.
• The government is looking to bring railway coolies • Build conducive environment for manufacturing
under social security net of EPFO sector by providing excessive funds
• The railways is looking at close to `1.35 lakh crore of

financial outlay for FY18 and plans to tap extra-
budgetary resources to stick to the FY18 outlay. The
Services
Railway Ministry may raise money via IRFC (Indian • Government recently clarified that there will not be
Railways Finance Corporation) bonds, LIC loans and mandatory service charge by hotels and restaurants.
PPPs. Meanwhile, the Department of Consumer Affairs also
clarified that service charges billed by restaurants are
• Railways to demand higher gross budgetary support optional and it is up to the customers to pay it.
from the finance ministry. It may be allocated `48,000-
50,000 crore. • There may be surprise announcements for the service
sector.
• Railway Ministry is expecting massive capital infusion.
Renewables, Power & Energy

• The power sector is expecting tax concession for solar
amounts of up to `35 lakh. These benefits might be rooftops and renewables in the upcoming budget.
extended for FY18. Moreover, there might be additional There will be proposals to revitalise hydro sector and
tax breaks for those involved in the construction of such tenders of wind power projects will be floated soon.
affordable housing.
• Union budget may come up with a policy to push
• Housing stocks worldwide have been taken as a stalled projects and extend the benefits for renewable
barometer to gauge the state of the economy. Even in sources like wind and solar to hydro projects beyond
India, historically whenever there has been a slowdown in 25 MW capacity.
the economy housing act as a booster to the economy, so
some benefits to the housing sector would be • Hydro power potential in the country has been
forthcoming. estimated at about 150 GW, with 50 GW coming from
Arunachal Pradesh alone. The government may come
up with new projects to cater to the burgeoning energy
demand of the country.

Cover Story
however, expectations (measured by to which there might not be a pre-budget the windfall from demonetisation
pre-budget performance) are still an rally this time around. exercise. The capex spending on railways
important factor in deciding how the SECTORS TO WATCH OUT FOR and defence would continue in this
market is going to perform post the PRE-BUDGET RALLY budget too.
Union budget.Therefore, empirically Overall, the budget is expected to be a
there is no set pattern for a pre-budget There are always expectations around the mixed bag and the Modi-led government
rally. The returns shown in the below budget focussing on certain sectors will try to tinker with all the sectors of
graph are computed one month prior to which are likely to trigger a pre-budget the economy and, at the same time,
the budget announcement day. So, it is rally. The stocks of a sector where the giving out a definite picture on the
premature to say whether or not there market anticipates government’s focus economic policies that the government
will be a budget rally. and expects incentives are usually the proposes to pursue in times to come.
rally candidates. The railway stocks too
OUTLOOK will hog the limelight in the run up to the After more than half-way through the
So, will the Union budget be any different budget with the Railways Ministry government’s tenure, the Modi-led NDA
this time from the earlier ones, post the indicating a massive capital infusion into government started its big bang reforms
massive demonetisation drive initiated railways. with its demonetisation drive to curb
by the government? To get an answer to black money and make India a less cash
this question, watch out all the related Following are the sectors which economy. The earlier than usual budget
developments till February 1. It will be according to us will likely to be in presentation along with railway budget
keenly watched whether the Narendra focus before the FM presents his would give more time to the policymakers
Modi-led NDA government will be able Union Budget on Feb 1, 2017 in getting the parliamentary nod and
to deliver answers to all the questions of Affordable housing plays, cement, thereafter start implementing the
the countrymen in one of its most crucial NBFCs, banks, metals, automobiles, budgetary allocations from FY18. This is
budgets. cashless player’s rural themes and, also beneficial as by the time the Union
lastly, the infrastructure sector. budget gets the President’s assent,
Here, our aim is to clarify our reader- monsoons starts in several parts of the
investors' doubts and confusions over country, thus hampering the expenditure
how they can handle markets during the CONCLUSION of the government.
pre-budget days. Though there are mixed Lastly, we believe that the upcoming
Union Budget is In retrospect, we can say that the first
expected to be solely half of the government’s tenure was
focussed on spent on policy making and designing
government’s flagship actions suitable for policies. On the other
programmes with a hand, it seems that the focus in the other
populist flavour given half would be purely on the
the elections to be held implementation.
in five states in 2017,
with a keen eye on Therefore, Union Budget FY18 will be
Uttar Pradesh the most strategic and eye-opener Union
elections, which to a Budget for the entire nation, given that
great extent would be the government would only be left with
a precursor to the 2019 one full-fledged budget in the year 2018
opinions from several external agencies, General Elections. before it goes for the general elections in
we suggest whenever there is correction 2019. Therefore, the upcoming budget
in the pre-budget period, try to make The government is also likely to push for will be a make or break budget
fresh investments in the market. more rural expenditure in the current considering all the metrics in which the
budget, building on from the previous country is currently operating. The year
budget and since good monsoons in 2017 could well be a 'make or break year'
Historically, if the markets have risen in
2016 have given a fillip to the ailing for the NDA government, depending on
the month leading up to the budget, 90
sector. The middle class too will be how it manages to utilise the `2.2 lakh
per cent of the time markets have
wooed by the FM by way of schemes crore mopped up through
declined post budget as the budget
related to housing for all, rebates on demonetisation to spur economic growth
proposals failed to meet expectations.
construction of houses, lower interest to over 8 per cent. This amount may be
After studying historical data of market
movements during the pre-budget rates, rationalisation of current tax used for spending on various important
period, we at DSIJ, suggest that one structure, etc. The government would schemes of the government, the fruits of
needs to take cognisance of the near- also spend generously on social which the government would like to reap
term headwinds - the Q3 numbers - due infrastructure needs of the country, given in the years to come.

Cover Story
Expectations For Reduced Tax Rate

Vaibhav Sankla, Director, H&R Block India
T
he Union Budget 2017-18 government and parallel economy. common man in the future.
will be a unique budget and a Several actions were taken to eliminate
historical one. First of all, it black money from the system. Income Increase tax deduction on
will be presented earlier than Disclosure Scheme had its successful run interest paid on home loan
presented so far. February 1 which led to disclosure of `75,000 crore Affording a house in tier-1 cities has
has been chosen as the date to present worth of black money, out of which 45 been becoming increasingly difficult for
the Union Budget 2017-18 in the per cent will be pocketed by the Income people. The government should remove
parliament. Secondly, the Railway Budget Tax (IT) department. Demonetisation, the cap of `2 lakh on the tax deduction
will not be a separate event for the first digitization and increase in number of provided to the buyers on home loan
time in the history of the nation. surveys conducted by the IT department interest paid under section 24 for a house
Expectations are ripe in the air, especially also continues to contribute to the funds that is declared as self-occupied. This will
with a frenzy of reforms in the past year. of the taxman. As a result, evading taxes encourage people to buy their dream
A few things to expect from the budget is becoming difficult. home and even positively impact on the
could be following: growth of real estate sector.
Since the above measures have added a
Reducing tax burden while substantial amount to the tax revenues of Extending the deduction offered
widening tax net the government, we can expect it to on educational expenses
The year 2016 witnessed a war between translate into a reduced tax rate for the Education is paramount for the growth
Expect Tax Incentives

Kapil Nayyar
International Taxation and M&A, International Business Advisors
U
nion Budget 2017 is going the financial year. and corporates.
to witness two historical
changes. First is the This year’s budget may revolve around Few changes and expectations
change in the date of two major economic decisions taken by from the Budget 2017 are:
presenting the budget the government in 2016 – introduction a) Various incentives for
from February 28 to February 1 and the of the Goods and Services Tax regime widening the tax base
second being the merger of railway and the demonetisation move Currently only 3.5 per cent of the 800
budget with the Union budget. Both announced on November 8. Since people million Indian adults file taxes as
these changes indicate government’s at large are uncertain on the impact of opposed to developed nations where the
intention to expedite the implementation both, the budget is expected to have ratio is 75 per cent-plus. Further, only 1.2
of the financial decisions by the start of some positive sops for both individuals per cent actually pay taxes in India, as

of a developing country like India. as it can help citizens cut down their
However, education costs have sky- medical expenses. self-occupied house may be
rocketed in the last decade. Taxpayers increased to `3,00,000 in metro
only get tax deduction on tuition fees Moreover, the limit of `30,000 on the cities in view of the high costs of
paid but there are several other expenses medical expenses incurred on the health residential houses in these cities.
involved in education which contribute of super senior citizens (more than 80 The condition of completion of
considerably to the costs incurred in years of age) should be increased and construction within 5 years from
availing education. The FM should allowed for the actual expenses incurred. the year of borrowing may also be
extend the tax deduction to cover all the This will provide a huge relief to these done away with.
expenses involved in education, rather citizens in the form of tax relief.
than covering just tuition fees. This will  Tax exemption on preventive
ease financial burden on parents and health check-up may be raised
make education more affordable. Demonetisation, digitization from the current `5,000 to a
maximum of `20,000 under
and increase in number of
Increase healthcare tax benefits section 80-D of the Act.
under section 80D surveys conducted by the IT
Affordable healthcare facilities are an department also continues to  The current tax exemption limit
important part of social security cover a contribute to the funds of the of `15,000 per annum towards
nation strives to offer to its citizens. taxman. As a result, evading reimbursement of medical
Unfortunately, several people in our taxes is becoming difficult. expenditure by the employer is
country are unable to afford quality inadequate in comparison with
medical treatment. Keeping this in mind, Since the above measures have the medical expenses incurred by
deduction limit for health insurance added a substantial amount to the taxpayer and needs to be
premium paid under section 80D should the tax revenues of the increased to at least `50,000 per
be increased to 100 per cent of the actual government, we can expect it to annum.
amount paid by taxpayers. The translate into a reduced tax rate
government should also increase for the common man in the c) Expected incentives for
deduction available on preventive health corporates
check-up expenses to promote the habit future.  Reduction in the tax rate for
of getting regular health check-ups done companies
The previous budget introduced a

reduction in the corporate tax rate
from 30 per cent to 25 per cent
against 1.9 per cent in China, 6 per cent 3 – 5 lakh – 10 per cent over the next four years along
in Brazil, 33 per cent in Russia and 55 5-10 lakh – 20 per cent with corresponding phasing out
per cent in the US (maturity of country’s Above 10 lakh – 30 per cent exemptions and deductions. As a
tax economy is also one of the major result of this amendment, many
factors above).  The education cess may also be exemptions and deductions were
revisited keeping in view that it was phased out but corporate tax rate
The budget may introduce few incentives introduced more than a decade ago was reduced to 29 per cent only in
which would encourage the non-tax with the sole purpose of providing case of domestic companies
filing population to take steps for filing basic education to all. where the total turnover or gross
income tax returns and pay taxes. receipts during the previous year
 Long term and short term capital 2014-15 does not exceed `5 crore.
b) Expected incentives for gain up to `5 lakh may be In order to standardize the same,
individuals rationalized and taxed based on the the following is expected:
 The exemption limit for slab rate rather than the special rate
individuals was revised in assigned for the capital gain tax. 1. Reduction in the corporate tax
FY2014-15. Keeping in view the rate to 25 per cent inclusive of
cost of living trend in the economy  Increase in the exemption limit surcharge and education cess
and to compensate the population under Section 80C from `1,50,000
from the inconvenience faced due to `2,00,000 2. Such reduction should not be
to demonetization, the tax slab restricted to certain domestic
rates may be revised as follows:  The limit of deduction of interest companies and should be
Upto 3 lakh – NIL on housing loan borrowed for extended to all tax payers

Cover Story
Let This Budget Boost Employment
Chandrajit Banerjee
Director General, Confederation of Indian Industry
T
he Union Budget 2017–18 is join the labour force and five million modest 5 per cent in FY2017 after an
being announced at a time people leave agriculture to join the increase of over 25 per cent in FY2016. It
when the economy is seeing non-agriculture sectors. Thus, there is imperative that this slowdown in
a growth rate exceeding 7 per exists a total demand of 17–20 million public investments be reversed in
cent during this fiscal. At the new jobs per annum. Hence, creating job FY2018.
same time, inflation is down and the opportunities for the youth every year is
current account deficit is under control. one of the biggest challenges for the A renewed attention to manufacturing
Our monsoons have been good. Sowing budget. and ‘Make in India’ would be a major
is also robust in the rabi season, which in driver of growth and job-creation. The
turn is expected to stimulate the rural The employment growth would be government has been in favour of setting
economy and improve purchasing power. boosted through investments in up manufacturing zones as well as sector
Also, the political consensus to usher in manufacturing and infrastructure. In the and product-specific clusters.
the GST augurs well for future growth infrastructure space, capital expenditure
and inclusion. While demonetization is in key projects like roads, railways, Within manufacturing, the major
expected to inhibit the GDP growth rate, power as well as agri-infrastructure like employers are the MSMEs and hence it is
this is likely to be a blip in the growth irrigation, cold storage, warehousing and necessary to nurture them by providing
trajectory only for a quarter or two as the public housing projects in clusters would incentives for growth. The government’s
underlying fundamentals are largely kick-start a virtuous cycle of initiative on Start-Up India and Stand-
positive. employment-intensive growth. The Up India is one way to enhance the
budget data reveals that capital competitiveness of new firms in the
Every year, 10–12 million young people expenditure is budgeted to increase by a MSME domain which in turn would
Let This Budget Should Be Farmer-Centric

M. K. Dhanuka
Managing Director, Dhanuka Agritech Ltd
T
he Union Budget 2017-18, As we all know, agriculture has been the due to demonetization, as for agricultural
which has been preponed to backbone of Indian economy and, after business transactions, cash is preferred
February 1 as opposed to the many ups and downs, Indian agriculture and hence demonetisation will also affect
usual date of March 1, is is taking speedy growth towards considerably, but only in the short term.
definitely unique, even achieving the national goal of food
historic, in many ways. As a security. According to CRISIL, with Considering the rough run-up to this
representative of agrochemical and agriculture income growth "at an budget, the expectations of “feel-good”
Indian agriculture as a whole, I would above-trend 4 per cent", India's real gross factors being featured in the Union
like to put forth industry expectations, domestic product (GDP) is expected to Budget 2017-18 are pretty high. A range
apprehensions and concerns. grow at 7.9 per cent in 2017, but this of farmer-centric policies are expected in
expected GDP growth may come down this year’s budget to boost the economy

create entrepreneurship and jobs. The development, including provision of government machinery for proper
Budget should encourage creation of opportunities for training in specific implementation of Insecticide Act is
start-ups by removing the burden of state skills, would encourage firms to hire required. Issuance of 9(3) registrations
regulation and thereby reducing the workers rather than go for capital for new products are abnormally
compliance costs and tax burden of intensive technologies. A portion of delayed due to which new technology
successful start-ups. The start-up could MGNREGA expenditure could be linked (molecules) which is eco-friendly, less
be defined as any firm less than 5 years to skill development initiatives for those toxic, safer for environment and having
old with no further qualification. workers who are interested in less residues are not coming to India at a
undergoing a training course. fast pace.
The textile and apparels policy can be
extended to all sectors. This provides for With incentives such as the ones Indian companies are exporting
fixed term employment contracts to suggested above, Budget 2017-18 would pesticides worth more than `12,000
workers and state support for employers’ promote a paradigm change towards crore as per international quality
provident fund contributions in the first employment-oriented growth and help requirements. Indiscriminate samplings
year. Specific reform policies should also realise the dream of a prosperous and of good companies are done by
be contemplated in the budget for top ten self-sufficient India. inspectors and good quality samples are
job-creating sectors such as tourism, IT, also failed in government labs, causing
healthcare, textiles, and food processing, unnecessary harassment for the
among others. A renewed attention to Industry. The state government labs are
not well-equipped and are not NABL
Tax deduction is available for manufacturing and ‘Make in accredited. The government should take
employment generation under section India’ would be a major strict action against spurious pesticides
80JJAA of the Income Tax Act in respect driver of growth and job- marketed by fly-by-night companies
of cost incurred on any employee whose and undue harassment to genuine
total emolument is less than or equal to
creation. The government industry players should be stopped.
`25,000 per month. This cap on salary is has been in favour of setting
very low, especially in the case of up manufacturing zones as India has reached second position in
software industry and should be suitably agriculture GDP, surpassing the US.
enhanced to at least `50,000.
well as sector and product- However, due to non-availability of
specific clusters. proper market, horticulture farmers do
The tax benefits for investments in skill not get right price for their crops.
Farmers throw their crops of potatoes,
tomatoes and onions on the roads as
they do not get a price of even Re 1 per
kg. The government should promote
from the grassroots level. There is no 174.8 million tonnes and the losses and support the export of horticulture
excise duty on seeds, fertilisers and farm amounted to `90,000 crore. With the crops so that farmers can get the right
equipments, while pesticides attract present MSP, these losses would be much price. The cold storage facilities should
12.50 per cent excise duty. Due to the more, that is, approximately `250,000- be improved in the country for storage
excise and VAT burden, pesticides 300,000 crore per year. of horticulture crops.
become costly for farmers. If the excise
duty and VAT is abolished on pesticides, Most of the Indian farmers are still A range of farmer-centric
the same will become economical for uneducated and new technology is not policies are expected in this
farmers. This way, farmers will be accessible to them. The government year’s budget to boost the
inclined to use more pesticides to should strengthen the agriculture economy from the grassroots
safeguard their crops from pest and extension activities to impart training to
level. There is no excise duty on
diseases which will ultimately increase the farmers for adoption of new
the productivity. According to the 37th technology to improve yield. Only 45 per seeds, fertilisers and farm
Standing Committee report on cent of agriculture land has irrigation equipments, while pesticides
petroleum and chemicals (2002,) the facilities while 55 per cent acreages are attract 12.50 per cent excise
total loss caused by weeds, insects, still dependent on the monsoon. The duty. Due to the excise and VAT
diseases, rodents etc in India is roughly government should implement the burden, pesticides become
28 per cent of our production of project of joining rivers at the earliest so costly for farmers. If the excise
foodgrains amounting `90,000 crore. that excess water in any river can be duty and VAT is abolished on
Over the years, it may have increased by moved to the deficit area.
few more crores. In other words, the pesticides, the same will
production of foodgrains in 2002-03 was A complete overhauling in the become economical for farmers.

Cover Story
Budget Should Focus On
Reviving Sentiment
Aditi Nayar, Principal Economist, ICRA
T
he Union Budget for FY2018 cent to 25 per cent over four years. be prudent to utilise the one-time
will be presented at a time Previously unaccounted income revenues toward infrastructure, with a
when the consequences of disclosed after the currency note ban nominal reduction in tax rates.
the note ban are unfolding, would provide a one-time boost to the
and the monetary policy GoI’s tax revenues, estimated by ICRA at The exemption limit and slabs for
outlook appears hawkish. The `1-1.2 lakh crore. Additionally, personal income tax may be retained,
Government of India (GoI) could proliferation of digital transactions and while providing a rebate of `5,000 to
attempt to revive economic growth the introduction of the GST would taxpayers. This would boost sentiment by
through modestly lower taxes, higher widen the tax net, leading to the raising their disposable income without
productive expenditure and palliatives to expectation of an imminent cut in tax posing an inflation risk, while retaining
boost sentiment, while demonstrating rates. However, prior to the presentation them in the tax net. Additionally, the
continued fiscal consolidation. of the FY2018 budget, the GoI would budget should focus on indirect tax
have limited data on tax flows post the simplification and removal of inverted
The Budget for 2015-16 had proposed to note ban, making it challenging to assess duty structures. The dividend
reduce the corporate tax rate from 30 per the durable rise in tax revenues. It would distribution tax could be reduced, with
Only Govt. Spending Can Provide

Impetus To The Economy
Daljeet Kohli, Director, Head of Research- IndiaNivesh
What are your expectations for been borne maximum by the rural money in the hands of public (disposable
the markets and economy from population we expect some schemes income) by way of cutting personal taxes
the upcoming Union Budget dedicated to rural folks may be and/or reducing indirect taxes such as
2017? announced or allocation to such existing excise duty.
The government can speed up or schemes may be enhanced. We expect
increase spending on the following: irrigation, housing (rural as well as Thirdly, the government can announce
affordable), healthcare may be focus some innovative schemes like cash for
Firstly, we believe infrastructure which areas in the budget. clinker (scrappage of old vehicles) etc. to
includes roads, ports, railways, provide fillip to commercial vehicle/
waterways, water treatment projects, etc. Secondly, other ways to stimulate sagging automobile sector which in turn can
Since the brunt of demonetization has economy would be to provide more invigorate growth in related auto

such income being made taxable at the Budgetary outlays for capital spending social spending, such as NREGA, food
investor level. should be enhanced substantially, security, insurance and welfare pensions,
supplemented by extra-budgetary funds as well as on promoting digital
The FY2017 budget had indicated a fiscal such as the NIIF, institutional finance transactions.
deficit target of 3.5 per cent of GDP for and market borrowings of CPSEs. Higher
FY2017 and 3 per cent of GDP for priority should be accorded to Overall, the budget should focus on
FY2018. The N.K. Singh Committee’s infrastructure sectors such as affordable reviving sentiment and economic
recommendations would guide the fiscal housing, roads, renewable energy and activity in a non-inflationary manner,
deficit targeted in the upcoming budget. railways. Such spending would ease while attempting incremental fiscal
In ICRA’s view, the GoI is unlikely to supply side constraints and revive growth consolidation. A roadmap for reducing
budget a fiscal deficit for FY2018 lower in a non-inflationary manner. The the corporate tax rate and rationalising
than 3 per cent of GDP or higher than enhanced order books of capital goods exemptions should be announced after
3.5 per cent of the GDP, which translates companies, contractors and developers an assessment of the durable widening of
to `5-5.8 trillion (`5-5.8 lakh crore), would also revitalise corporate the tax base becomes available.
assuming a nominal GDP growth of 10.5 sentiment.
per cent in FY2017 and 11.2 per cent in
FY2018. We hope to see significant outlays for The revised pay and pensions,
recapitalising public sector banks, following the recommendations
The revised pay and pensions, following beyond `10,000 crore as indicated under of the Seventh Central Pay
the recommendations of the Seventh Indradhanush, to bolster their balance Commission, (SCPC) have
Central Pay Commission, (SCPC) have sheets prior to the advent of the Basel III imposed a substantial fiscal
imposed a substantial fiscal burden in norms and enable them to support an
burden in FY2017. The
FY2017. The overhang of arrears for economic recovery.
January-March 2016 (`12,130 crore) overhang of arrears for
released in the current fiscal, would be Building upon the recent announcements January-March 2016 (`12,130
eliminated in FY2018. However, the such as interest relief for farm loans and crore) released in the current
revision of allowances (`29,300 crore as guaranteed 8 per cent interest for senior fiscal, would be eliminated in
per the SCPC report) would bloat citizens, we anticipate enhanced FY2018.
expenditure. allocations for sentiment-boosting
ancillary sectors too. generation/enhancement constraints, we housing etc. Stocks to watch out for are
expect some relaxation on FRBM targets IRB, Ashoka Buildcon, KNR Infra,
Lastly, since small manufacturing units implying that FY18 fiscal deficit may be Concor, Adani Ports, Dredging
are more impacted by demonetization, higher than earlier stated target of 3.5 per Corporation, Gujarat Pipavav Port, EPC
we expect government to finds ways to cent of GDP. While any deviation from Inds, Mangalam Cement, India Cement,
provide more credit to these earlier given target of fiscal deficit may Ultratech, Ashiana Housing, Sunteck
entrepreneurs. The government can use be taken as negative by economists and Realty, Oberoi Realty, etc.
the huge cash available with banks in global investors, but the extraordinary
some ways (even after normal times after demonetization and Which sector can be a loser in the
withdrawals are allowed). application of GST can be given as pre-budget market run up?
reasons for this deviation with the We believe the government will be
The incremental or extra expenditure promise to get back to stated targets as looking at striking a fine balance between
may be funded as follows: early as FY19. providing impetus to economy with no
disproportionate increase in burden over
We believe the government’s tax We believe any increase in taxes of any the population. In view of the
collection expectation for the next year kind (excise/customs, service, individual constrained revenue generation avenues,
will be driven by impact of or corporate) will not be welcomed by it may need to find new sources of
demonetization especially on investing community. funding in order to meet increased
manufacturing sector which in turn will expenditure. We expect high end luxury
decide the buoyancy in tax collections. What are the sectors or stocks sector and tobacco/alcohol etc. may
We expect FY18 tax collection may get which needs to be tracked for attract higher taxes. However, since GST
severely impacted as corporates will have the pre-budget rally? will be followed soon after the budget, we
to bear the double whammy of GST and Infrastructure related stocks in roads, do not expect too many changes in
demonetization. In view of revenue ports, railways, irrigation, cement, indirect tax rates.

Cover Story
“Raising Public Expenditure Could Be
A Doorway To Inclusive Development”
R C Lodha, Executive Director, Central Bank of India
T
he year 2016 has seen two Promotion (DIPP). upcoming Budget as benefits of
major economic decisions demonetisation have made the
taken by the government, Raising public expenditure could be a government's task much easier on
one being the Goods and doorway to inclusive development. Let’s macro-economic front.
Services Tax (GST) and the say, the government decides to invest in
second being the demonetisation move more infrastructure projects like Some of the changes that senior citizens
announced on November 8. While Bharatmala Sagarmala. The completion expect in this year’s budget are as follows:
people are still uncertain about the of the project would not only provide More room should be given for senior
impact of both these decisions, it is the employment opportunities to a lot of citizens in tax rebate; an increase in the
budget of 2017 that is most awaited in people playing out in their favour exempted limit for the senior citizens (
determining the government’s way of financially, but would also shore up above 60 years), which currently stands
dealing with the current situation and the standard of the country’s at `300,000 to at least `500,000 would
expectations in the country. infrastructure. give a boost to their retirement funds;
similarly, very senior citizens (above 80
INFRASTRUCTURE INDUSTRIAL DEVELOPMENT years) who do not come under tax
DEVELOPMENT AND GROWTH: bracket for earnings up to `5 lakh are
India needs `31 trillion (i.e. `31 lakh Another measure to shore up sentiments also expecting a further increase in the
crore or US$ 454.83 billion) to be spent among investors would include exemption limit.
on infrastructure development over the government plans to boost start-ups and
next five years, with 70 per cent of the businesses such as Skill India, Make in B) Homemakers: The homemaker plays
funds needed for power, roads and urban India, Start-Up India, etc. through tax a very critical role in the economy as the
infrastructure segments. breaks and other goodies. These household budget is in their hands.
measures as well as additional measures Typically, most budgets have not looked
The Indian power sector itself has an that would help start-ups raise seed at the homemaker as one of the key
investment potential of US$ 250 billion capital cheaply would definitely be stakeholders in the Union budget
in the next 4-5 years, providing immense something that the government will exercise. That is changing quite fast. The
opportunities in power generation, consider. homemakers have become savvier, better
distribution, transmission and informed and also more vocal.
equipment. WELFARE MEASURES:
A) Senior Citizens: India is home to one We saw during the 2014 elections that
The Indian construction equipment in every 10 senior citizens of the world, inflation played havoc with household
industry is reviving after a gap of four yet the country spends a mere 0.032 budgets and that led to a tectonic shift in
years and is expected to grow to US$ 5 percent of its GDP on them and they are electoral preferences. It was homemakers
billion by FY2019-20 from the current subjected to neglect and isolation. who actually signalled this change. What
size of US$ 2.8 billion, according to a Though elderly continue to face troubles is it that they want from the budget 2017?
report released by the Indian across various strata, the problem The PM’s announcement on December
Construction Equipment Manufacturers’ worsens when poverty is thrown in. 31, 2016 to give pregnant women`.6000
Association (ICEMA). is a very good decision.
The ongoing National Programme for
The Foreign Direct Investment (FDI) Health Care for Elderly is being All said and done, the Union Budget
received in construction development implemented in only 13 out of the 2017-18 is expected to be quite different
sector from April 2000 to March 2016 around 600 districts of the country. It is from many of the previous ones and the
stood at US$ 24.19 billion, according to the best time for the government to entire nation has great expectations
the Department of Industrial Policy and address senior citizens' issues in the from it.

“Focus Of Budget 2017 Will Be
On Rural India”
Dharmesh Kant, Head- Retail Research, Motilal Oswal Securities Ltd
What are your expectations from low cost housing, two-wheelers, white stimulus being provided by the
the upcoming Union Budget? goods, electrical and electronic government to support the
The focus of the budget is likely to be on consumer durables and home economy in the coming
rural India, enhancing expenditure in refurbishing in particular. Low cost budget?
priority areas of farming, social and housing finance companies, NBFCs, Yes, tax sops to individuals by hiking
utility sector, housing, infrastructure, defence equipment manufacturers, exemption limits is much likely.
defence, employment generation along automobile and auto component Lowering of corporate tax rates is likely
with recapitalisation of banks, direct tax manufacturers, white goods, electronic to be speeded up. Prime Minister has
sops to individuals and corporates. and electrical goods manufacturing already announced lower interest rates
companies having quality corporate on housing loans below `12 lakh in cities
governance and brand recall should and `9 lakh for rural India.
What sectors or stocks need to qualify for investment picks going into
be tracked for the pre-budget Budget 2017. Which sectors can be losers in
rally? the pre-budget market run-up?
All of this is likely to boost demand for Do you see any kind of sops or Liquor and cigarette manufacturers.

Cover Story
Give A Boost To The Start-Ups
Vinita Krishnan and Ankit Namdeo, Associate Director, Khaitan & Co.
T
he year 2016 witnessed key THE ROAD AHEAD towards a cashless economy. Towards
policy changes, such as Giving a boost to start-ups : The road that end, one may expect special
demonetisation of high map to a reduced corporate tax rate was measures for payments through digital
denomination currency notes laid down by the Finance Minister (FM) modes.
by the Government of India, Arun Jaitley in the past which had
income disclosure scheme to unearth the manifested the government's intention to Changes in capital gains tax on transfer
black money in the domestic economy, lower corporate tax to 25 per cent over a of listed securities : In light of the
amendments to India’s tax treaties with period of four years while phasing out statement made by Prime Minister
Cyprus, Mauritius and Singapore and deductions. Additionally, the Narendra Modi that persons making
introduction of the multilateral government may consider providing monetary gains from the financial
instrument by the OECD as part of the relief to start-ups from applicability of market should make a fair contribution
Base Erosion Profit Shifting Project, minimum alternate tax and dividend to nation building through taxes,
which could affect the manner of doing distribution tax. changes to the capital gains tax regime
business in India. We have provided cannot be ruled out. This could be in the
below some expectations that may be met Reliefs for digital payments : In the following forms:
in the Union Budget 2017 (Budget) due to backdrop of demonetisation, the focus of (i) Increase in the period of holding for
be introduced on 1 February 2017. the government has been to move listed shares or debt instruments for
Let It Be About Balance Between Tax

Certainty & Curbing Black Money
Yatin Shah
Founder, Executive Director IIFL Wealth & Asset Management
O
ver the years, the budget new year eve address to the nation, of the slowdown remain varied. On the
has been freeing itself announced a host of initiatives for bright side, as more and more of the
from the rigid conduct of farmers, small businessmen, senior informal economy gets converted to the
tradition and this year it citizens, pregnant women and the formal economy, GDP numbers are
comes earlier than usual marginalised sections of society. expected to only increase. Add to this
on February 1. reduced tax evasion and structurally the
When Finance Minister Arun Jaitley India macro story remains intact.
Moreover, the rail budget being merged rises to present the budget, he will have a
with the Union budget is also a move to task at hand of maintaining fiscal In recent years, the broad direction of
get over needless colonial customs. An prudence while trying to alleviate some budgets have been to reduce fiscal deficit
advancement in budget means the of the suffering caused on account of the as part of a pre-committed roadmap. The
legislative nods needed for any tax demonetisation move in November. Post fiscal deficit fell from a peak of 7.9 per
proposals or spending plans can be taken demonetisation, the general consensus cent in FY09 to 3.5 per cent in FY17E.
well before the new fiscal commences. seems to be a slowdown in growth in the Given the prevalent slowdown in the
Prime Minister Narendra Modi, in his near future. The opinions on the extent economy, the government may miss its

qualifying them as long term capital as is the case for conversion of ‘deemed dividend’ and also capital
assets ; or debenture or bonds into equity gains in the hands of the
(ii) Increase in rate of tax for short term shares, as against the date of issue of shareholders.
capital gains from transfer of listed converted shares;
securities from the existing base rate • Tax exemption from capital gains
of 15 per cent to a higher rate; or upon merger of a limited liability CONCLUSION
(iii) Restriction on ability to set off capital partnership (LLP) firm into another In addition to the above, one could
loss from transfer of listed shares. LLP firm; expect the government to take measures
• Tax exemption to shareholders of to operationalise the additional benches
Capital gains tax on transfer of unlisted foreign amalgamating company on of the authority for advance ruling
shares : In order to bring the domestic transfer of shares in amalgamating (“AAR”), given that AAR is widely
investors at par with foreign investors, company for exchange of shares in approached by foreign investors for
the government may also extend the amalgamated foreign company. seeking clarity on tax implications
availability of concessional base rate of Especially, this is relevant in the in India.
tax of 10 per cent on transfer of unlisted funds industry where there is
shares to resident tax payers as well. multiple tax incidences (direct In order to establish an investor-friendly
transfer of shares of Indian climate and provide for tax certainty to
Clarifications in respect of mergers and companies at the fund level and foreign investors without comprising
acquisitions : It would not be indirect transfer at investor level) due with the tax base, the government could
unreasonable to expect the Budget to to layered fund structures created for also consider providing a safe harbour
provide clarity on the following issues: commercial reasons and not for tax for applicability of the General Anti
purposes. The CBDT’s recent FAQs Avoidance Rule which will come into
• Tax exemption upon conversion of have not addressed these issues; force from April 1, 2017. One hopes that
one category of shares into another, • Applicability of buy-back tax where the Budget draws a fine balance between
and determination of the period of the company undertakes capital tax certainty, ease of doing business in
holding of converted shares from reduction due to existing tax India and the measures to curb
date of allotment of original shares, treatment of capital reduction as black money.
fiscal deficit target of 3.5 per cent and 3 rates to make India competitive for relevant and investors should focus on
per cent for FY17 and FY18, respectively. foreign investors are among the hopes. In proper asset allocation based on their
order to boost savings, 80C deduction risk appetite. The year 2016 was a great
The government has to choose between could be enhanced. year for fixed income. With the US Fed
embarking on an expansionary fiscal tightening rates further, there would be
policy in response to the slowdown due Market participants remain anxious if lesser headroom for Indian yields to
to demonetisation or continuing with the any change would be effected in the come off from the current levels.
path of incremental reforms and wait for securities transaction tax (STT). Besides,
growth to recover on its own. GST is Prime Minister was quoted as saying that On the equity side, we are likely at a stage
another area which could disrupt supply those who profit from financial markets where there is significant value emerging
chains in the near term and cause a drag must make a fair contribution to in the broader markets. Foreign portfolio
on growth initially. nation-building through taxes. Though investors (FPIs) have been net sellers in
the Finance Minister issued domestic equities to the tune of over
Expectations from the budget have clarifications, the market has read the `25,000 crore since the dual shock of
become a guessing game and for the sake message as a possibility of imposition of demonetisation and the US presidential
of this column, I too will indulge in long-term capital gains tax on equities. election. While equity market valuations
listing some of them. The personal Any change in the tax rules for stock in India are comparatively higher than
income tax exemptions could be raised investments will see a reaction on the other emerging markets and developed
from the current level of `2.5 lakh. Any bourses, albeit temporarily. markets, India commands a premium
tax simplification measures too would be valuation on the back of a strong macro
welcome. An increase in medical The ‘Housing For All’ push may result in story. Once global investors begin to
reimbursement exemption, home loan more sops and tax breaks for reallocate across markets, I would reckon
interest deduction, exemption limit on constructing affordable housing, besides India is bound to get an outsized share of
interest income for senior citizens are tax incentives for the first-time home the same. As the dust clears over
some of the other expectations. buyers. Tobacco and alcohol may demonetisation, we expect earnings
continue to see an increase in taxes. growth to pick up. This, coupled with a
A reduction in individual tax rates and supportive Union Budget, will propel
roadmap for reduction in corporate tax The budget is becoming less and less equity prices to higher levels.

QueryBoard
Investment Horizon
Query-Specific
ASIAN OILFIELD SERVICES APL APOLLO TUBES

What is the perspective of the stock? Should I buy the stock at current level?
- Balbir Singh - Ranjit
EXIT BUY
BSE/NSE Code 530355/ ASIANOI BSE/NSE Code 533758/ APLAPOLLO
Face Value `10 Face Value `10
CMP `125.20 CMP `947
52-Week High `129.90/ Low `27.90 52-Week High `1008/Low `557
Your Current --- Your Current ---
Profit/(Loss) Profit/(Loss)
A A
sian Oil Field Services provides exploration services for PL Apollo Tubes is one of the leading manufacturers of
oil and gas exploration companies in India. The service hollow section steel tubes and pre-galvanized steel tubes
offered by the company includes seismic data in the country. The company is a leading manufacturer
acquisition, data processing, seismic job services (field and exporter of ERW black, hot dipped galvanised, pre-
operations andmaintenance) and shot hole drilling. Recently the galvanizedsteel tubes, hollow sections and structural steel. On
company informed the bourses that it has approved allotment of the financial front, the company’s gross sales stand at `3213.83
95,00,000 warrants convertible into equity shares of the crore which has increased by 40 per cent YoY. Its PBIDT has
company at the issue price of `80 per warrant, including a increased 26 per cent to `134.49 crore. However, the PAT has
premium of `70 per warrant, to Oilmax Energy Pvt. Ltd and plunged two per cent and stood at `30.83 crore as compared
Balram Chainrai. A total of 50,00,000 share warrants have been with the corresponding quarter of the previous fiscal. The
allotted to Oilmax Energy and the remaining 45,00,000 have reserves and surplus have grown two per cent and its networth
been allotted to Balram Chainrai. Oilmax Energy is the has increased five per cent. The quarterly results of the company
promoter, wheras Balram Chainrai is a non-promoter NRI. are weak. In Q2FY17, net its sales stood at `549.47 crore, a fallof
In the financial year ended March 2016, the gross sales have 18.2 per cent. Its PBIDT stood at `33.51 crore,a surgeof 42.47
increased by seven times to `9.36 crore. However, the company per cent. The PAT however in this fiscal fell by 10.14 per cent
has posted a net loss of `29.39 crore.The net worth has increased and stood at `8.86 crore. APL Apollo Tubes has a market cap of
by 37 per cent YoY. In Q2FY17, the company posted net sales of `2103.52 crore and maintains a dividend yield of 1.11 per cent.
`3.091 crore. However, Asian Oilfield Services has continued its The company maintains a healthy dividend payout ratio of
loss-making spree and has posted a net loss of `1.54 crore. Asian 22.04 per cent. The trailing 12-month P/E stands at 70.80 which
Oilfield has a market cap of `260.59 crore and has low interest is quite high as compared with the industry P/E of 14.11. The
coverage ratio. The ROE of the company in the last three years investment in city gas distribution will increase the demand for
stood at -46.31 per cent. We recommend our reader-investors to the company’s pipes. We recommend our reader-investor to
EXIT the stock. BUY the stock.
Readers are requested to send only one query at a time so that more readers get a chance. For complaints regarding non-receipt of
dividend, bonus, rights and other matters, investors may write to www.investor.sebi.gov.in
Company Name: DEMOCRATIZING WEALTH CREATION
Vol.
Vol. No.
No. 31
32 No.
No. 03
17
Query:
Send in your queries:
DSIJ Pvt. Ltd.
C-305, 3rd Floor, Trade Center,
Name: North Main Road, Near Axis Bank,
Opp. Lane No. 6, Koregaon Park,
Address:
Pune - 411001
E-mail: Email:editorial@DSIJ.in

DIVI’S LABORATORIES RPP INFRA PROJECTS
I bought 350 shares of the company at `177.Should
I bought 60 shares at `1147. Should I exit? I hold or exit?
- Ranveer - Shruti
EXIT HOLD
BSE/NSE Code 532488/DIVISLAB BSE/NSE Code 533284/ RPPINFRA
CMP `753 CMP `230.40
52-Week High `1380/ Low `745 52-Week High `246/Low `102.10
D R
ivi’sLaboratories is engaged in the manufacture of active PP Infra Projects is a construction company primarily
pharma ingredients (APIs) and intermediates. The engaged in the business of infrastructure development
company in a matter of short time expanded its breadth such as highways, roads and bridges. The company also
of operations to provide complete turnkey solutions to the has diversified its civil works expertise into SEZ development,
Indian pharmaceutical industry. water management projects, irrigation and powerprojects.
Recently the company encountered a lot of headwinds. The company has recently received an order from Kamarajar
According to some media houses, the US Food and Drug Port Ltd for the construction of container pre-stacking yard and
Administration had made some negative observations with other ancillary facilities worth `24.2 crore, in addition to work
regards to proper control not being exercised over the computer received from Annai Infra Developers, Erode, to construct the
system, company’s facility equipments not being maintained to integrated storm water drains in Virugambakkam and
ensure purity of quality, documentation and records not being Arumbakkam water shed of Cooum Basin in expanded area of
maintained properly or inaccurately falsified by the company. Chennai Corporation for a contract amount of `30 crore.
In the financial year ended March 2016, Divi’s gross sales stood On the financial front, the gross sales of the company stood at
at `3804.88 crore which is an increase of 21 per cent YoY. The `314.69 crore, which is an increase of 18 per cent YoY. The
company’s PBIDT has increased 24 per cent to `1499.54 crore, PBIDT of RPP Infra Projects increased by 28 per cent and
whileits PAT stood at `1111.48 crore,an increase of 31 per cent stood at `50.93 crore. Its PAT increased by 16 per cent as
as compared with the previous year. The reserves and surplus of compared with the previous year and stood at `19.19 crore. The
the company has increased by 22 per cent YoY. The recent company has a healthy balance sheet, with its reserves and
quarter result of the company has been fairly disappointing. Its surplus increasing 11 per cent YoY. Its net worth has also
net sales stood at `1003.07 crore, which is an increase of 3.49 increased by 13 per cent.
per cent as compared with Q2FY16. The PBIDT on the
contrary has fallen by 22.58 per cent to `291.21 crore. Its PAT in The quarterly results have been excellent. The company’s net
Q2FY17 stands at `223.85 crore toofell by 24.6 per cent. sales declined by 6.73 per cent and stood at `85.71 crore. On
the contrary, its PBIDT stood at `13.04 crore showingan
Divis Lab has a high market cap of `22,870.12 crore. The increase of 4.73 per cent YoY. The company’s PAT stood at
company has been successful in maintaining a healthy dividend `5.95 crore, an increase of 17.74 per cent as compared with the
payout ratio of `29 per cent. The ROE of the company in the corresponding quarter of the previous fiscal. The company has
last three years stood at `27.43 per cent. Its trailing 12-month a market cap of `448.84 crore and maintains a dividend yield of
P/E stood at 21.01 which is low as compared with the industry 0.30 per cent. The ROE of RPP Infra Projects for the last three
P/E of 27.01 indicating the stock is undervalued. However, years stood at 11.69 per cent. The 12-month trailing P/E stood
the recent USFDA issue has taken a toll on the company’s at 19.25 which is low as compared with the industry P/E of
brand equity. The stock almost tanked 33 per cent from 21.26. The financials of the firm are quite strong and it is valued
December 22-23. We recommend our reader-investor to EXIT well at the current levels. We recommend our reader-investors
the stock. to HOLD the stock.

QueryBoard
Investment Horizon
Query-Specific
SUNIL HITECH ENGINEERS ENGINEERS INDIA

I bought 500 shares of Sunil Hitech Engineers I had bought 53 shares of the company at a price of
at `22. Should I hold or exit at current level? `231.60 (post-spilt). Should Iexit the stock?
- Abhinav - Aakash
HOLD HOLD
BSE/NSE Code 532711/ SUNILHITEC BSE/NSE Code 532178/ ENGINERSIN
CMP `12.70 CMP `154
52-Week High `23.43/ Low `7.75 52-Week High `169.90/ Low `71.63
S E
unil Hitech Engineers is engaged in the niche segment of ngineers India is engaged in the business of providing
fabrication, erection and testing and commissioning of engineering and related technical services for petroleum
bunkers, ESPs, boilers, TG sets in the power plants, both in refineries and other industrial projects. The company
private and public sector. The products and services offered by provides services from concept to commissioning in petroleum,
the company includes thermal power plants- fabrication and refining, petrochemicals, pipelines, offshore oil and gas,
erection of heavy / super structures up to 660MW. onshore oil and gas, terminals and storages, mining and
metallurgy, infrastructure sector and has an association with its
Sunil Hitech Engineers has recently been awarded a road clients that extends beyond the commissioning of their plants
engineering, procurement and construction (EPC) project through monitoring the operation of each plant and
worth `434 crore in Arunachal Pradesh. The project involves accumulating feedback on its performance. On December 30,
the two-laning of existing Hunli-Anini Road on EPC basis from the company has gone for a stock split of 1:1.
the designed 53.5 km to 92.5 km (existing 56.32 km to 97.65
km) in Arunachal Pradesh under SARDP-NE. This project is a On the financial front, for the year ended March 2016, the gross
joint venture with PCL-Eagle Infra India. sales of the company stood at `1522.18 crore, a fall of 13 per
cent YoY. The company’s PBIDT in this fiscal fell by 14 per cent
On the financial front, the company’s gross sales stood at and stood at `426.88 crore. Its PAT stood at `261.52 crore, a
`1827.52 crore, which is an increase of 11 per cent. Its PBIDT decline of 14 per cent YoY. On the contrary, its reserves and
stood at `190.8 crore, showing an increase of 20 per cent YoY. surplus for the year grew by four per cent. The cash flow of the
The company’s PAT increased by a whopping 30 per cent and company has grown by a whopping 49 per cent YoY.
stood at `48.11 crore as compared with the previous fiscal. Its
reserves and surplus and net worth has increased 16 per cent In Q2FY17, the net sales of the company stood at `338.88 crore,
YoY. a fall of 24.6 per cent YoY. Its PBIDT was `93.71 crore, which is
an increase of 44.41 per cent as compared with Q2FY16. There
In Q2FY17, the company’s net sales stood at `496.9 crore, is not much difference between PBIDT and PAT of the
showing an increase of 20 per cent, while its PBIDT stood at company. The PAT stood at `93.75 crore, showing an increase
`49.75 crore, an increase of 23.97 per cent. The PAT of the of 21.43 per cent as compared with the corresponding quarter
company stood at `14.83 crore, an increase of 40 per cent as of the previous fiscal.
compared with the corresponding quarter of the previous fiscal.
Engineers India has a market cap of `11,332.86 crore and
The company has a market cap of `466.83 crore and maintains a maintains a dividend yield of 1.19 per cent. On the other hand,
dividend yield of `0.56 per cent. The ROE of Sunil Hitech the company maintains a dividend payout ratio of 49.93 per
Engineers for the last three years stood at `0.80 per cent. The cent. Its ROE for the last three years stood at 13.09 per cent. The
company’s trailing 12-month P/E stood at `8.83, which is low as trailing 12-month P/E stood at 36.84 which is quite high as
compared to the industry P/E of `18.54. The financial numbers compared with the industry P/E of 22.86. The financials of the
of the company are excellent and the company is expected to company are remarkably good and the company is expected to
give good quarterly results. We recommend our reader- continue with its goods results and we recommend our
investors to HOLD the stock. reader-investors to HOLD the stock.

Reviews
In this issue, we have reviewed Skipper and Gufic Biosciences. We suggest investors to EXIT in
Skipper and Book Profit in Gufic Biosciences.
Change Scrip’s Movement

SKIPPER EXIT 11 Per Cent
CMP - `138
BSE CODE Reco. Price Volume Face Value

538562 `155 3645 `1
W
e had recommended Skipper expanded by 40 basis points to
in issue no. 5 dated February 13.9 per cent in H1FY17 as compared
8-21, 2016 when the scrip was to the same period in the previous
trading at `155. Our recommendation fiscal.
was based on the company’s PVC pipes
segment becoming a new growth However, Skipper’s net profit declined by
engine and its focus on export market in 9.81 per cent to `36.36 crore in H1FY17
T&D business. The company has also on a yearly basis. Its net debt-to-equity
scaled up each of its businesses with an ratio stood at 1.01x in H1FY17. The T&D steel structures (30,000 MT) and
asset-light model. company’s net debt stood at `419 crore PVC pipes fittings (7,000 MT). It expects
in H1FY17. to get it commissioned by Q4FY17.
On the financial front, Skipper’s revenue
increased 18.3 per cent to `684 crore in Skipper’s board has approved the Though there were neutral results from
H1FY17 as compared to the same period expansion of its product portfolio in its Skipper and expansion of business
in the previous financial year. The polymer business by adding two new environment for its growth, the share
company’s EBITDA too rose by 21.2 per product segments. The company’s work price of the company has not moved up
cent to `94.8 crore in H1FY17 on a is in full momentum for the new as per our expectations. We recommend
yearly basis. Its EBITDA margin Guwahati units for manufacturing of investors to exit from the stock.
Change Scrip’s Movement

GUFIC BIOSCIENCES BOOK PROFIT 20 Per Cent
CMP - `60.85*
BSE CODE Reco. Price Volume Face Value

509079 `50.07 235461 `5
W
e had recommended Gufic categories, such as Criti Care, Criticare
Biosciences in issue no. 2 Life, Ferticare, Spark and Herbal. Gufic
dated December 26, 2016- Biosciences manufactures APIs under
January 8, 2017 when the scrip was therapeutic categories, such as
trading at `50.70. Our recommendation antifungals and immune-suppressants.
was backed by factors such as launch of
new product called ‘Criticare’ and its On the financial front, Gufic Biosciences’
amalgamation with Gufic Stridden revenue increased 34.52 per cent to `120
Bio-Pharma. Also, Gufic Biosciences has crore in H1FY17 as compared to the experienced a growth of 56.45 per cent,
robust financial performance over the same period in the previous financial constituting a revenue of more than `11
last five years. year. The company’s EBITDA too crore, and the growth in Ayurveda
jumped 58.91 per cent to `12.89 crore in segment was recorded at 53.88 per cent.
Gufic Biosciences is engaged in the H1FY17 on a yearly basis. Its net profit at Within a very short period, the
manufacture of pharmaceuticals, `5.19 crore almost doubled in H1FY17 company’s share price moved up sharply.
medicinal chemicals and botanical on a year-on-year basis. Gufic The company’s share price rose more
products. The company’s segments Biosciences witnessed increase in than 20 per cent in short term, therefore
include pharmaceuticals, including revenue because of many factors, viz. we recommend investors to book profit
formulations and bulk drugs, and launch of a new segment called Criti from the stock. DS
consumer products. It has Care and sales in FY16 being more than
* Call Close during Market hours.
pharmaceutical products under `20 crore. The pharma segment also (Closing price as of Jan 04, 2017)

Kerbside
The recommendations provided in this column are taken from various market sources such as
brokers, analysts, dealers and investment strategists, etc. These recommendations may not be
backed by strong fundamentals. Therefore we advise readers to use their own discretion
before investing in these recommendation
ADD ADANI
Adani Enterprises is a global
Adani Enterprises integrated infrastructure
BSE Code: 512599 company with businesses
CMP: `77.70 spanning across coal trading,
coal mining, oil and gas
exploration, ports, multi-modal logistics, power
generation & transmission and gas distribution. As
per our market sources there is some positive
development on the cards for the stock and the
stock prices are likely to move higher from current
levels once the announcement is available in the
public domain. Hence traders with a high risk
appetite can create a position in the stock to make
some quick trading gains.
TEAMING TIMKEN DEAR DR.

Timken
Timken India is Dr. Lal PathLabs
one of the BSE Code: 539524
BSE Code: 522113 leading
CMP: `638 manufacturers of
CMP: `1090
tapered roller Currently the stock is trading
bearings and components in India with in a range bound manner.
manufacturing facility at Jamshedpur However, according to the
and Raipur, which largely cater to market buzz, the stock is
medium and heavy trucks, off- expected to show a good
highways’ equipments, railways price performance in the
markets and exports. According to near future. The punters are
market sources, it is heard that some playing their part to renew
big market participants have taken the stock’s attractivity, and it
long positions in the stock and are is likely to witness an
expecting it to move in the northward uptrend in the short term.
direction. The stock can be looked at
from a short-term trading perspective.
AND FINALLY..
Zen Technologies
BSE Code: 533339
CMP: `77.65
The mid-cap and small-cap IT stocks have been in the limelight and
many of them have seen a surge in the prices due to digitisation.
Still there is some steam left in few mid-cap and small-cap IT
stocks. Out of them one stock is more favourable and will fetch
some good returns. Zen Technologies was the first Indian company
to commercialise PC-based visual simulation technology for
training simulators. Now it is the leader, offering Firearms, Tank,
Driving, Mining and Unmanned Aerial Vehicle (UAV) simulators. The
stock can be considered for a short-term run-up. DS

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CONTENTS Vol. 32 No.

03 • JAN 9 - 22, 2017

12 Low Priced Scrip

To Shine In 2017 consisting of more than

CL Educate – Scaling The

Talking about the union budget, I believe the broad theme

In my reading, RBI is likely to bring down interest rates

6 DALAL STREET INVESTMENT JOURNAL I JAN 9 -22, 2017 DSIJ.in

Vol. 32. No. 03 • JAN 9 - 22, 2017 www.dsij.in/apps.aspx

Gufic Biosciences l BP 60.85 Reviews 65

DSIJ.in JAN 9 -22, 2017 I DALAL STREET INVESTMENT JOURNAL 7

Roll Out Will Direct The Markets

19th Dec 3rd Jan Gain/Loss

Dow Jones Ind 19,883.06 19,881.76 -0.01

Performance Of Indices Net Investment In Equity Markets (`/Cr)

8 DALAL STREET INVESTMENT JOURNAL I JAN 9 -22, 2017 DSIJ.in

SWITCH ON TO POWER-PACKED PERFORMANCE from others in H1FY17. Its EBITDA

10 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

12 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

BSE CODE Volume Face Value

horizon in mind and BSE CODE Volume Face Value

14 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

16 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

DELTA CORP ................................. BUY ........................ CMP `117

CHAMBAL FERTILISERS & CHEMICAL ....... BUY ........... CMP `78.45

The stock of Chambal Fertilisers and Chemical is

(Closing price as of Jan 04, 2016)

DSIJ.in JAN 9 - 22, 2017 I DALAL STREET INVESTMENT JOURNAL 17

18 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

DSIJ.in JAN 9 - 22, 2017 I DALAL STREET INVESTMENT JOURNAL 19

In these days of uncertainties in the equity

Gold May Continue markets, a section of investors have been

Gold, however, retained its lustre till the

20 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

DSIJ.in JAN 9 - 22, 2017 I DALAL STREET INVESTMENT JOURNAL 21

CONCLUSION surprises in coming year as compared to from the developed markets.

l Calculations based on total return indices when applicable.

22 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in

10.7 6.3 -3.8 -14.1 17.2 5

Bloomberg Dollar Spot

Pound per US$

Yen per US$

Korean won per US$

Brasilian real per US$

Swiss franc per US$

Russian rouble per US$

Mexican peso per US$

SA rand per US$

Canadian dollar per US$

Turkish lira per US$

Manav Chopra, Head Technical Analyst, Monarch Networth Capital

Copper LME (US$/t)

S&P GS Commodity Index

BBG Energy Index

Nickel LME (US$/t)

Lead LME (US$/t)

R/J CRB Commodity Index

BBG Softs Index

Tin LME (US$/t)

Zinc LME (US$/t)

10.8 11.8 15.6 15.6 8.0

Notes: Data ending 25 November 2016

DSIJ.in JAN 9 - 22, 2017 I DALAL STREET INVESTMENT JOURNAL 23

24 DALAL STREET INVESTMENT JOURNAL I JAN 9 - 22, 2017 DSIJ.in