Analysis

Vidhi dyestuffs : multibagger in making

Posted on by Hiren Kamani

Vidhi Dyestuffs Mfg. Ltd. is a leading manufacturer of Superior Synthetic and Natural Food Grade Colors. Providing customer world class color solutions in applications of Food & Beverage, Confectionary, Pharmaceuticals, Feeds, Cosmetics, Inkjet Inks and Salt Free Color. Our colors are being distributed and consumed in over 80 countries across 6 continents. Our manufacturing facilities are spread over an area of 176,000 square feet, located in Dhatav Village of Raigad District in the state of Maharashtra – India. Today VDML is an ISO 9001:2000, ISO 22000:2005 and HACCP certified company. Our Manufacturing facilities have been audited and found satisfactory by the U.S. FDA. All our products carry HALAL and Kosher certification.

Key cliental
Mars
Pedigree 
Nestle 
All Food Processors around world

Rational behind investment 

The company has already recorded growth of 20% plus in last 5 years 
Vidhi dyestuffs paying regular dividend since last 5 years.
Vidhi Dyestuffs’ press release talks of an ambitious “Vision for 2020”. These are:
1. To be a global player of repute on the lines of Sentient, US.
2. To focus on 3Cs – Capacities, Capabilities and Customers. To be 20% of global capacities.
3.  To broad base categories and deepen presence in Colors.
4. To increase margins by moving into value add segments; target EBITDA margins of 20%.
5. To be cognizant of all stakeholders and be counted as amongst the most transparent, shareholder friendly company.

It is also stated: “We believe that the building blocks are now in place for us to leapfrog our current base. Our business is modeled on the lines of Global leader Sentient of US. We are at the cusp of explosive growth, with continued and significant increase in capacities, capabilities and customers. Our endeavor is to ensure shareholder reward, remain paramount, and towards that we are pleased to announce the first interim dividend of 20%. We will strive to sustain and improve on the same in coming periods“.


Looking at the management performance since last 5 years we are confident vidhi dyestuffs will achieve its vision of 2020. We recommend buy at cmp 65 for upside of 50% by end of 2017 and 2x by end of 2018. 


Specialty chemical is currently in flavor and thus we are looking a huge upside in counter. 

SHORT TERM TGT 90/– ( Vidhi Specialty Food Ingredients NSE :VIDHIING, Already Recommended on 28 August 17 @ 62 Visit Link : https://goo.gl/4fKLhc )

FreeStockAnalysis Dewan Housing Finance Corporation Limited,Voltas Limited,Divis Laboratories Limited,Bajaj Finance Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Dewan Housing Finance Corporation Limited

Buy Dewan Housing Finance Corporation Limited at / above 506.25 Target 511.63 – 517.3 – 523 – 528.73

Stop loss — 500.64

Sell Dewan Housing Finance Corporation Limited at / below 500.64 Target 495.31 – 489.76 – 484.24 – 478.75

Stop loss — 506.25

 

Intraday Trading Strategy – 2


Voltas Limited

Buy Voltas Limited at / above 529 Target 534.49 – 540.29 – 546.11 – 551.97

Stop loss — 523.26

Sell Voltas Limited at / below 523.26 Target 517.82 – 512.14 – 506.5 – 500.89

Stop loss — 529

 

Intraday Trading Strategy – 3


Divis Laboratories Limited

Buy Divis Laboratories Limited at / above 702.25 Target 708.53 – 715.2 – 721.9 – 728.63

Stop loss — 695.64

Sell Divis Laboratories Limited at / below 695.64 Target 689.4 – 682.85 – 676.33 – 669.85

Stop loss — 702.25

 

Intraday Trading Strategy – 4


Bajaj Finance Limited

Buy Bajaj Finance Limited at / above 1795.64 Target 1805.34 – 1815.98 – 1826.64 – 1837.34

Stop loss — 1785.06

Sell Bajaj Finance Limited at / below 1785.06 Target 1775.4 – 1764.88 – 1754.39 – 1743.93

Stop loss — 1795.64

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Dewan Housing Finance Corporation Limited,Voltas Limited,Divis Laboratories Limited,Bajaj Finance Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

Reliance Capital Limited

Posted on by Hiren Kamani

Reliance Capital Limited announced record date of 6th September 2017 for reliance home finance demerger Enjoy all Reliance Capital Limited!!

The Honble National Company Law Tribunal, Mumbai Bench vide Order dated August 10, 2017 has sanctioned the Scheme of Arrangement between Reliance Capital Limited (Reliance Capital Limited / Demerged Company) and Reliance Home Finance Limited (RHFL / Resulting Company) and their respective shareholders and creditors.
In terms of the Scheme, Equity Shares of Rs.10/- of RHFL is to be issued and allotted to the shareholders of Reliance Capital Limited in the ratio of 1:1.
We wish to inform that the Company has fixed Wednesday, September 6, 2017 as Record Date for the purpose of determining the equity shareholders of Reliance Capital Limited to whom Equity Shares will be allotted by RHFL.
A duly completed Form being intimation of the Record Date is attached herewith for your information and record.
We request you to consider this as Notice pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take the same on record and inform your members accordingly.

Bank Wise Gross NPA as of June 2017

Posted on by Hiren Kamani

Bank-wise gorss NPA                                                                    Bank Wise Gross NPA as of June 2017

  • State bank of india accounted for the largest share of about 22.7% in the total NPAs During the Quarter. The NPAs stood at Rs 188,068 crore as of June 2017
  • Top 5 banks together – SBI, PNB, BOI, IDBI, BOB account for a share of 47.4% totaling 393,154 crore
  • 11 of the top 12 banks in terms of NPAs are public sector banks (PSBs) with the exception being ICICI Bank.

    • ICICI bank accounts for about 5.2% share in the total NPAs during the Quarter.
    • Top 12 banks together account for 75.7% share

 

bank-wise ratio                                                                     Bank Wise Gross NPA as of June 2017

  • Public sector banks appear to be definitely more stressed than private banks
  • ICICI Bank and Axis bank are the only private banks in the top 15 with a combined share of 7.9 % in total NPAs.
  • The top 20 banks with highest NPA rations are public sector banks (PSBs).
  • The top 2 banks, Namely IDBI Bank (24.11%) and Indian Overseas Bank (23.6%) have NPA ratios of over 20%.
  • Indian bank is the PSB with Lowest ratio of 7.21%.
  • Top 8 banks have an NPA ratio of over 15% as of June 2017.
  • YES Bank is the only bank with a ratio of just less than 1.

 

Sanwaria Agro Oils Ltd – Investment Idea

Posted on by Hiren Kamani

Sanwaria Agro Oils Ltd

Sanwaria Agro Oils Ltd; A FMCG Food Processing Company of the Sanwaria Group; BSE (Code: 519260)-NSE (SANWARIA)  Listed; was incorporated in April 1991, by Lt. Shri Ram Narayan Agrawal and commenced its operations in 1993. Sanwaria Agro Oils Ltd is one of the largest integrated food processors in India and is engaged in the business of manufacturing and selling of Rice, edible oil and staple food products like Pulses, Sugar, Soya Chunks, Wheat Flour, Rice Flour, Salt, Suji, Maida, Besan, Daliya, Soya Meal etc.

Sanwaria Agro Oils Ltd started its voyage with the small Solvent extraction capacity of 200 TPD in Itarsi and thereafter it left no stone unturned. Currently the Sanwaria Agro Oils Ltd is having the capacity of 2500 TPD of Solvent Extraction Plant, Soya Refinery of 250 TPD and 500 TPD of Rice Milling Plant. It’s all units are situated in Madhya Pradesh; the heart of India; Registered Office is located in Bhopal and It’s a state where Soyabean, Paddy, Wheat are available in plenty along with Skilled, semi-skilled and unskilled labour.

Sanwaria Agro Oils Ltd is ISO 14001, 22000, GMP and Halal Certified and Government Recognized Export Trading House. The Company has a strong distribution network with reputable brands like Sanwaria, Narmada, Sulabh and Nashira.
Sanwaria Agro Oils Ltd has ventured into direct retail by opening up ATM size retail outlets under the brand name ‘Sanwaria Kirana’ to reach the end customer directly.

The Group has sustained exposure in manufacturing/processing/trading of Soya Products, Rice and rice related products, food grains and pulses. In Addition, the Company has marked it’s presence in international market for Import and Export for its various commodities and has a 100% Subsidiary in Singapore.

Sanwaria Agro Oils Ltd has manufacturing units at 3 location – Mandideep, Itarsi and Betul, strategically located in the food production and consumption belt in India.
Recently, the Company was ranked 336th in amongst 1000 India's finest Companies on the basis of Turnover by the “The Financial Express”.

Source : – http://www.sanwariaagro.com

Recommended Price: 7.50 Rs

Current Price

Book Value:  4.48

Stock P/E: 10.56

Face value: 1

52 Week High/Low:  2.25 / 9.70

Listing: NSE/BSE

one can buy Sanwaria Agro Oils Ltd for long term