VIKAS PARSHURAM SAMWATSARE AND SAI PARSADAM SHARE TIPS BSETIPS NSETIPS
Buy Automotive Axles Ltd For Target 580
DATED 11/3/12
Source: vikas parshuram samwatsare
SYNOPSIS
- Automotive Axles Ltd. (AAL) is one of the largest independent
manufacturers of Rear Drive Axle Assemblies in the country and with
around 27 years of axle-producing experience.
- During the quarter ended, the robust growth of Net Profit is increased by 102.09% to Rs. 197.34 million.
- AAL has a QMS that is certified to ISO/TS 16949:2009 standard & also EMS that is certified to ISO 14001: 2004 standard.
- AAL exports axle parts to USA, France, Italy, China, Brazil and Australia.
- The products manufactured at AAL are based on technology provided
by Meritor Inc., USA, through Meritor HVS (India) Ltd, India.
- Net Sales and PAT of the company are expected to grow at a CAGR of 32% and 30% over 2010 to 2013E respectively.
Outlook and Conclusion
At the current market price of Rs.496.00, the stock is trading at 9.13 x FY12E and 7.75 x FY13E respectively.
Earning per share (EPS) of the company for the earnings for FY12E and FY13E is seen at Rs.54.33 and Rs.64.03 respectively.
Net Sales and PAT of the company are expected to grow at a CAGR of 32% and 30% over 2010 to 2013E respectively.
On the basis of EV/EBITDA, the stock trades at 4.89 x for FY12E and 4.21 x for FY13E.
Price to Book Value of the stock is expected to be at 2.30 x and 1.77 x respectively for FY12E and FY13E.
We expect that the company will keep its growth story in the coming
quarters also. We recommend ‘BUY’ in this particular scrip with a target
price of Rs.560.00 for Medium to Long term investment.
Sell Hindalco For Target 111
Source:vikas parshuram samwatsare
HINDALCO
IND Ltd has been trading in a negative perspective. We can initiate
short posi-tion in this stock at Rs.133 levels with target price of
Rs.111.
Rational
- In last four week stock has been trading in a negative trend.
- In today’s trade stock fell more than 5% with high volume. And stock is trading below 200days and 50days EMAs.
- We can see negative divergence in weekly relative strength index (RSI)
- Weekly MACD histogram also suggesting possible down trend in stock price.
- We can initiate short positions in this stock at Rs.133 levels with target price of Rs.111, keep stop loss above Rs.143.
Max Gain : 44000 ; Max Loss : 20000 ( Profit or Loss based on one lot )
Buy Kirloskar Pneumatic For Target 547
Source:vikas parshuram samwatsare
SYNOPSIS
Kirloskar Pneumatic Co. Ltd. (KPCL), part of the Kirloskar Group is a
synonym for providing integrated solutions using Compression and
Transmission Technologies.
During the quarter ended, the robust growth of Net Profit is increased by 44.79% to Rs. 115.40 million.
KPCL has decided to increase the Authorised Share Capital of the
Company from Rs. 15 Crores to Rs. 40 Crores subject to the requisite
approval of the shareholders.
KPCL is one of the core group companies certified with an ISO 9001:2000, ISO 14001:2004, OHSAS 18001:2007 Company.
Net Sales and PAT of the company are expected to grow at a CAGR of 20% and 21% over 2010 to 2013E respectively.
Outlook and Conclusion
At the current market price of Rs.484.15, the stock is trading at 8.61 x FY12E and 7.41 x FY13E respectively.
Earning per share (EPS) of the company for the earnings for FY12E and FY13E is seen at Rs.56.21 and Rs.65.36 respectively.
Net Sales and PAT of the company are expected to grow at a CAGR of 20% and 21% over 2010 to 2013E respectively.
On the basis of EV/EBITDA, the stock trades at 5.41 x for FY12E and 4.71 x for FY13E.
Price to Book Value of the stock is expected to be at 2.41 x and 1.82 x respectively for FY12E and FY13E.
We expect that the company will keep its growth story in the coming
quarters also. We recommend ‘BUY’ in this particular scrip with a target
price of Rs.547.00 for Medium term investment.
Buy Tata Consultancy Services Ltd. For Target 1380
Source:vikas parshuram samwatsare
Investment Highlights
* Q3 FY12 Results Update
TCS Ltd has reported consolidated net profit of Rs 28027.70 million
for the quarter ended on December 31, 2011 as against Rs 23698.30
million in the same quarter last year, an increase of 18.27%. It has
reported net sales of Rs 132039.90 million for the quarter ended on
December 31, 2011 as against Rs 96633.50 million in the same quarter
last year, a rise of 36.64%. Total income grew by 33.06% to Rs.131167.10
million from Rs. 98575.60 million in the same quarter last year. During
the quarter, it reported earnings of Rs 14.32 a share, registering
18.27% growth over prior year period.
Outlook and Conclusion
* At the current market price of Rs.1221.00, the stock is trading at 22.37 x FY12E and 19.59 x FY13E respectively.
* Earning per share (EPS) of the company for the earnings for FY12E and FY13E is seen at Rs.54.59 and Rs. 62.34 respectively.
* Net Sales and PAT of the company are expected to grow at a CAGR of 24% and 20% over 2010 to 2013E respectively.
* On the basis of EV/EBITDA, the stock trades at 15.69 x for FY12E and 13.78 x for FY13E.
* Price to Book Value of the stock is expected to be at 6.79 x and 5.03 x respectively for FY12E and FY13E.
* We expect that the company will keep its growth story in the
coming quarters also. We recommend ‘BUY’ in this particular scrip with a
target price of Rs.1380.00 for Medium to Long term investment.
Buy Divis Laboratories Ltd For Target 869
Source:vikas parshuram samwatsare
Investment Highlights
Q3 FY12 Results Update
Divis Laboratories Ltd disclosed a phenomenon rise in standalone net
profit for the quarter ended Dec 2011. During the quarter, the profit of
the company surged 20.64% to Rs 1225.50 million from Rs 1015.80 million
in the same quarter previous year. Net sales for the quarter for the
quarter rose 32.98% to Rs 4174.20 million from Rs 3139.00 million, when
compared with the prior year period. It reported earnings of Rs 9.24 a
share during the quarter, registering 20.51% increase over previous year
period.
Outlook and Conclusion
* At the current market price of Rs.756.00, the stock is trading at 18.98 x FY12E and 16.19 x FY13E respectively.
* Earning per share (EPS) of the company for the earnings for FY12E and FY13E is seen at Rs.38.83 and Rs.45.51 respectively.
* Net Sales and PAT of the company are expected to grow at a CAGR of 29% and 21% over 2010 to 2013E respectively.
* On the basis of EV/EBITDA, the stock trades at 13.63 x for FY12E and 11.71 x for FY13E.
* Price to Book Value of the stock is expected to be at 4.17x and 3.32 x respectively for FY12E and FY13E.
* We expect that the company will keep its growth story in the
coming quarters also. We recommend ‘BUY’ in this particular scrip with a
target price of Rs.869.00 for Medium to Long term investment.
Trading Calls For Monday 12/3 - Buy IDBI for target of 126 with stop loss of 107 . . . . . . . . .
Comments -
In daily chart scrip has given triangle pattern upward breakout at 111 levels with increasing
volume supported by positive indicators indicates possible uptrend. From here near term
possible target price comes to 126
Trading Calls For Monday 12/3 - Buy Cairn India for target of 400 with stop loss of 366 . . . . . . . .
Comments -
After falling from the high of 400, scrip made a low of 355 & from there, on Friday shotup
with increasing volume supported by positive indicators & gave upward breakout of its
falling trendline at 370 levels, indicates possible uptrend. From here near term possible
target price comes to 400.
T rading Calls For Monday 12/3 - Buy State Bank Of India above 2243 for target of 2393 with stop loss of 2200 . . . . . . . . . .
Comments -
In daily chart scrip has formed double bottom at 2114 & 2105 levels respectively. From
there it started moving upward & on Friday it shot up & closed positive forming bullish
candle, indicates possible uptrend.
Now on upper side it has immediate falling trendline double bottom upward breakout at
2243 levels.
Now on Monday if scrip crosses its immediate resistance of 2243 then it will complete
formation of double bottom & from there possible target comes to 2393
Trading Calls For Monday 12/3 - Buy PNB for target of 1021 with stop loss of 940 . . . . . . . . .
Comments -
After making high of 1090 (22/02/12) scrip was in correction mode forming lower tops &
lower bottoms & made a low of 889 (27/02/12). From there scrip started moving in a
sideways zone for 1 week & on Friday it has given upward breakout of its falling trendline
at 946 levels forming bullish candle supported by positive indicators, indicates possible
uptrend. From here near term possible target comes to 1021, in between 983 is 200 DMA
resistance
Trading Calls For Monday 12/3 - Buy L&T for target of 1398 with stop loss of 1272 . . . . . . . .
Comments -
In daily chart scrip has given falling Wedge pattern upward breakout at 1280 levels &
closed above its 10 day’s moving average resistance at 1302 with increasing volume
supported by positive indicators, indicates possible uptrend from here near term possible
target price comes to 1398.
VIKAS PARSHURAM SAMWATSARE AND SAI PARSADAM SHARE TIPS BSETIPS NSETIPS
RBI
lowers Cash Reserve Ratio (CRR) by 75 bps to 4.75% effective from 10-
March that will inject INR 480 billion of liquidity into the banking
system.
VIKAS PARSHURAM SAMWATSARE COPYRIGHT 2012
