Money Times Tower Talk - 26th Nov'18
Money Times Tower Talk - 26th Nov'18
Money Times Tower Talk - 26th Nov'18
Any attempt to share your access to our website or forwarding your copy to a
non-subscriber will disqualify your membership and we will be compelled to stop your supply and forfeit your subscription thereafter without any refund to you.
T I M E S
A TIME COMMUNICATIONS PUBLICATION
VOL XXVIII No.4 Monday, 26 November - 2 December 2018 Pgs.21 Rs.20
EDITOR’S BRIEF
TRADING ON TECHNICALS
Weekly Up
Scrip Last Relative
S1 S2 - R1- R2- Reversal Trend
Close Strength
Value Date
Weak Demand Demand Supply Supply
below point point point point
LINDE INDIA LTD 644.60 613.9 621.8 636.7 659.4 697.0 74.2 585.4 2/11/2018
VINDHYA TELELINKS 1876.00 1710.0 1759.0 1827.0 1944.0 2129.0 68.5 1718.5 2/11/2018
SKF INDIA 1878.00 1850.0 1855.0 1873.0 1896.0 1937.0 64.2 1830.0 19-10-18
LARSEN & TOUBRO 1409.00 1394.0 1394.7 1408.3 1422.7 1450.7 61.3 1382.3 2/11/2018
PIDILITE INDUSTRIES 1154.00 1110.0 1121.7 1142.3 1174.7 1227.7 61.2 1073.3 2/11/2018
*Note: Up and Down Trend are based of set of moving averages as reference point to define a trend. Close below
averages is defined as down trend. Close above averages is defined as up trend. Volatility (Up/Down) within Down
Trend can happen/ Volatility (Up/Down) within Up Trend can happen. Relative Strength (RS) is statistical
indicator. Weekly Reversal is the value of the average.
Weekly Down
Scrip Last Relative
S1 S2 - R1- R2- Reversal Trend
Close Strength
Value Date
Demand Demand Supply Supply Strong
point point point point above
CENTRAL BANK 30.50 28.3 29.9 31.0 31.5 32.0 24.04 31.43 22-11-18
NTPC 146.10 134.2 143.0 148.8 151.9 154.5 30.70 153.09 21-09-18
INDBULLS REAL ESATE 83.10 76.2 80.9 83.4 85.6 86.0 33.80 85.60 22-11-18
PRESTIGE ESTATE PROJ 172.20 160.8 169.2 174.6 177.6 180.0 34.02 182.15 9/11/2018
SAIL 60.40 54.4 58.9 61.8 63.4 64.8 34.16 64.99 16-11-18
EXIT LIST
Note: R1- (Resistance), R2- (Resistance), R3- Resistance, S1- Support & SA- Strong Above
Scrip Last Close R1 R2 R3 SA S1 Monthly RS
WEST COAST PAPER MIL 353.75 367.86 376.77 385.69 414.55 292.3 47.27
TECH MAHINDRA 690.95 708.44 715.67 722.91 746.35 647.1 49.62
LTTS 1511.80 1584.84 1620.00 1655.16 1769.00 1286.8 59.04
BUY LIST
Note: R1-(Resistance), R2- (Resistance), R3- Resistance, S1- Support & WB- Weak Below
Scrip Last Close S3 S2 S1 WB R1 Monthly RS
LINDE INDIA LTD 644.00 583.65 554.50 525.35 431.00 830.7 64.45
VINDHYA TELELINKS 1876.00 1751.83 1700.50 1649.17 1483.00 2186.8 57.01
PUNTER PICKS
Note: Positional trade and exit at stop loss or target whichever is earlier. Not an intra-day trade. A delivery based trade for a possible time frame
of 1-7 trading days. Exit at first target or above.
Note: SA-Strong Above, DP-Demand Point, SP- Supply Point, SA- Strong Above, RS- Strength
TOWER TALK
✓ Dr. Reddy’s Laboratories has received a favourable judgment in a litigation pertaining to Suboxone sublingual film
in USA. A big positive for the company. Buy.
✓ Adani Gas has been authorized to expand its city gas footprint in 13 new geographical areas. Buy.
✓ Power Finance Corporation and REC are both faring well and have good dividend yields. Buy.
✓ Dewan Housing Finance Corporation posted fantastic Q2 results with 52% higher PAT and is likely to notch an
EPS of over Rs.52 for FY19. Buy.
✓ IDBI Bank may be back in the black by Q1FY20 on the back of better cash management and selling LIC plans.
Accumulate in small quantities.
✓ Vodafone Idea plans to liquidate Rs.14000 crore worth assets because of its business synergies over the next 1-2
years. Buy on dips.
✓ Deepak Fertilisers & Petrochemicals Corporation fell sharply after its profitability took a small beating.
However, the ongoing capex is likely to boost its earnings going forward. Buy.
✓ Cyient is expected to grow at over 20% CAGR in the next few years on the back of strong long-term client orders.
The stock could rise by ~30% in the next 6 months.
✓ Sheet rubber prices are falling on account of higher production. J.K. Tyre Industries will be a big beneficiary. Buy.
✓ There may be consensus among the promoters of Yes Bank about reaching a truce. At the current beaten down
level, there is nothing more to lose. Buy.
✓ Piramal Enterprises may soon raise ~Rs.1000 crore by way of non-convertible debentures (NCDs) to fund its
expansion and working capital requirements. The company is on an expansion spree. Buy.
BEST BET
STOCK WATCH
By Amit Kumar Gupta
MARKET REVIEW
EXPERT EYE
By Vihari
STOCK BUZZ
By Subramanian Mahadevan
MARKET OUTLOOK
PRESS RELEASE
TECHNO FUNDA
By Nayan Patel
Hindustan Tin Works Ltd
(BSE Code: 530315) (CMP: Rs.68.45) (FV: Rs.10)
Incorporated in 1958, New Delhi based Hindustan Tin Works Ltd (HTWL) is a leading manufacturer and exporter of high
performance cans, printed sheets and related components to consumer marketing companies. Its marquee clients
include Asian Paints, Amul, Bikanerwala, DS Group, Del Monte, Danone India, Haldiram, Nestle India, Patanjali, Reckitt
Benckiser, etc. It supplies a diverse range of aerosol cans, food cans, beverage cans, baby food cans and can components
to a wide variety of food, beverages, baby food, health, beauty and luxury companies across 30+ countries in Africa,
Australia, Europe, Middle East, New Zealand, USA and parts of South East Asia. Its fully integrated and automated
manufacturing facility is supported by high-speed automatic printing and lacquering machines. Its 10 acre
manufacturing facility in Murthal houses state-of-the-art machines imported from countries like UK, Germany, USA,
Taiwan, Italy, Switzerland, etc.
HTWL has an equity capital of Rs.10.4 crore supported by huge
Financial Performance: (Rs. in crore)
reserves of Rs.127.41 crore. The promoters hold 40.46% of the
Particulars Q2FY19 Q2FY18 H1FY19 H1FY18
equity capital, which leaves 59.54% stake with the investing
public. General Insurance Corporation of India holds 4.81%, Sales 88.5 73.68 179.4 159.21
United India Insurance Company holds 5.02% and ace investor PBT 4.08 3.21 7.64 5.51
Subramanian P holds 4.09% stake in the company. Its share book Tax 1.77 1.22 2.99 2.11
value works out to Rs.132.5 and P/BV is attractive at 0.5x. PAT 2.31 1.99 4.65 3.4
During Q2FY19, HTWL reported 16% higher PAT of Rs.2.31 crore EPS (Rs.) 2.25 1.9 4.54 3.26
on 20% higher sales of Rs.88.5 crore and an EPS of Rs.2.25.
Superhouse Ltd
(BSE Code: 523283) (CMP: Rs.140.95) (FV: Rs.10)
Incorporated in 1980, Kanpur-based Superhouse Ltd manufactures and sells finished leather, leather goods and textile
garments. It offers finished leather, safety and welted footwear and combat boots. It also offers leather accessories such
as leather bags, business cases, portfolios, trolley bags, belts and soles; leather garments including jackets and vests,
trousers, skirts and camisoles; and breeches, riding boots and riding products. In addition, it offers woven and knitted
garments; and safety garments comprising coveralls, bib-trousers, trousers, jackets, aprons, dust coats, chef coats,
doctor coats, hi-visibility vests and jackets, army uniforms and fleece jackets as well as socks and fall protection
products. It sells its products primarily under the ‘Allen Cooper’ and ‘Double Duty’ brands. It also exports its products.
With an equity capital of Rs.11.42 crore and reserves of Rs.289.33 crore, Superhouse’s consolidated share book value
works out to Rs.263 and P/BV is around 0.5x. The promoter holds 54.88% of the equity capital, which leaves 45.12%
stake with the investing public.
During Q2FY19, Superhouse reported 740% higher PAT of Financial Performance: (Rs. in crore)
Rs.6.8 crore on 14% higher sales of Rs.154.11 crore and an Particulars Q2FY19 Q2FY18 H1FY19 H1FY18
EPS of Rs.6. During H1FY19, it reported 271% higher PAT of Sales 154.11 135.26 302.36 278.08
Rs.12.45 crore on higher sales of Rs.302.36 crore and an EPS PBT 10.48 1.51 19.51 5.16
of Rs.11.3.
Tax 3.68 0.70 7.06 1.8
Currently, the stock trades at a P/E of just 7x and is available PAT 6.80 0.81 12.45 3.36
at 33% discount to its 52-week high of Rs.209.9 recorded in EPS (in Rs.) 6.17 0.74 11.29 3.05
January 2018. Investors can buy the stock with a stop loss of
Rs.120. On the upper side, it could zoom to Rs.185-200 in the medium-to-long term.
BULL’S EYE
Happy reading & happier money making as Mid-cap Twins enters its third year!
Attractively priced at Rs.2000 per month, Rs.11000 half yearly and Rs.20,000 annually,
‘Mid-cap Twins’ will be available both as print edition or online delivery.
Disclaimer: Investment recommendations made in Money Times are for information purposes only and derived from sources that are deemed to
be reliable but their accuracy and completeness are not guaranteed. Money Times or the analyst/writer does not accept any liability for the use of
this column for the buying or selling of securities. Readers of this column who buy or sell securities based on the information in this column are
solely responsible for their actions. The author, his company or his acquaintances may/may not have positions in the above mentioned scrip.
City: Pin:
Tel No Mob
Email:
Are you a Investor, Trader, Broker/Sub-Broker, Investment Advisor, Banker