Market Mantra

Key benchmark indices were trading higher in early trade on positive global cues. At 10.26 am, the BSE Sensex was trading at 37,645.53 up 38.95 points or 0.10% while NSE was trading at 11,380.40 up 23.90  or 0.21%.

Among secondary barometers, the BSE Mid-Cap index was up 0.50%. The BSE Small-Cap index was up 0.39%. Both these indices outperformed the Sensex. The market breadth, indicating the overall health of the market, was strong. On BSE, 769 shares rose and 302 shares fell. A total of 43 shares were unchanged.

The Reserve Bank of India (RBI) will conclude its two-day monetary policy meeting today, 1 August 2018. The resolution of the Monetary Policy Committee (MPC) will be unveiled at 14:30 IST today, 1 August 2018. RBI raised its benchmark policy repo rate by 0.25% to 6.25% in its second bi-monthly monetary policy for 2018-2019 on 6 June 2018.

Overseas, most Asian stocks edged higher, taking cues from the positive session seen in the US market following news that the US and China may restart official talks about their months-long trade dispute.

US stocks closed higher Tuesday, as investors continued to digest an onslaught of quarterly earnings reports, with the vast majority beating expectations. But headline news on trade continued to drive markets.

#Buy Unitech Ltd at around Rs.4.25 for short term targets of Rs.5.5-7. According to the Simply Wall St, Unitech Ltd’s level of debt is appropriate relative to its total equity, at 36.91%. This range is considered safe. At the current liabilities level of ₹168.08B liabilities, it seems that the business has been able to meet these obligations given the level of current assets of ₹232.50B, with a current ratio of 1.38x. Generally, for Real Estate companies, this is a reasonable ratio since there is a bit of a cash buffer without leaving too much capital in a low-return environment. In the last hearing, the honourable Supreme Court of India had directed the committee it had set up in the Unitech case, to speedily auction over 600 acres of unencumbered land properties of the embattled firm located in Agra, Varanasi, Bengaluru, and Sriperumbudur near Chennai so that money is refunded to homebuyers. This is expected to substantially cut the debts of the company. Unitech Ltd recently sold its Bangaluru land to Devas LLP at Rs.49 crore. The company has deposited Rs.42.73 crore in court after tax deduction at source (TDS). It had already deposited Rs 5 crore, legal sources present at the hearing say.In this slowly and slowly the company is coming out of the debt fiasco. The stock price is getting hit due to wrong reasons. I hope by October, '18, the stock should trade near Rs.7 levels.

#Kwality Ltd has hit another buyer freeze today in the Rs.13.75 in the NSE. Recently, there were some positive news in the media, which is propelling it to rise. The scrip was recommended to the Premium Members on this Sunday to be bought on Monday. 

#Buy the shares of 3i Infotech Ltd at the CMP of Rs.3.60 for short term targets of Rs.6-6.3. The company is likely to benefit from the depreciating INR as it has huge overseas presence. For example in Q1FY19, the tech giant Infosys Ltd's  Dollar revenue grew by 0.9% at $2,831 million versus $2,805 million (QoQ). In Q1FY19, the consolidated revenue of 3i  Infotech Ltd rose to Rs.241.98 crore versus Rs.239.31 crore though profit fell marginally to Rs.15.19 crore versus Rs.16.88 crore on YoY basis.

Recently, 3i Infotech Limited, the global Information Technology company launched Maggie – a Virtual IT Engineer. Maggie is part of cognitive service desk that promises to help contact centres to address hundreds of user requests simultaneously of the digital-age users anytime, from anywhere.

#The shares of both TV Vision Ltd (Rs.4.95) and Sri Adhikari Brothers Television Network Ltd (Rs.6.20) hit their respective buyer freezes today. The stocks were repeatedly asked to be accumulated in this blog. I have already given the short term targets for both the scrips, in my last blog post. 

~~with inputs from Capital Market - Live News...

Winning Strokes: Think Different

On last Sunday, the share of Kwality Ltd (Rs.13.10) recommended to the Premium Members to be bought at 9.15 am, this Monday. The stock fell to Rs.12.20 yesterday before hitting the UC. Should you buy tomorrow or give it a go? 

The name of Housing Development & Infrastructure Ltd was mentioned yesterday, along with a few Bombay based real estate counters to the Premium Members, after a daily posted some encouraging reports on  the real estate sector . Today HDIL made a high of Rs.24.15 before  closing at Rs.24.10 up 19.65%. The company has one of the highest land parcels among all the Mumbai based real estate companies. 

The stock of TV Vision Ltd (Rs.4.75) as expected has started to hit the buyer freeze. I am expecting it touch Rs.7-8  very soon. Keep accumulating on declines. 

The investors and traders who are looking to invest in tea scrips can go for Peria Karamalai Tea & Produce Company Ltd at the CMP of around Rs.300 for short term targets of Rs.317-387. This is from the reputed LNB Group, one of India's leading diversified business conglomerate headquartered in Kolkata. The Peria Karamalai Tea & Produce Company Limited was incorporated in the year 1913 and is one of the oldest high quality black tea manufacturers in the country with modernised manufacturing facilities in South India producing RC & NRC CTC Teas. It has 5,500 acres of land in Tamil Nadu with a planted area of 3,900 acres across 4 gardens - Karamalai, Akkamalai, Vellamalai and Nadumalai. The Company also manages Pepper and Timber plantations and is planning to invest over~$2 Million to establish a Green Tea Production facility. In the early 90's the company commissioned 9 Wind mills with a total capacity of 2.5 MW in Tamil Nadu and is currently developing a 3MW captive solar facility. With a production capacity of over 5 million kilos of quality tea every year, the company prides itself on running a successful business which directly employees over 3000 families. 

In the international front even as there has been a drop in orthodox tea prices on account of uncertainty in Iran, prices of dust teas have risen about 9% compared to a year ago as leading blenders are buying good volumes of tea bags, the consumption of which is picking up in the country. 

The scrip of Sri Adhikari Brothers Ltd has hit the buyer freeze today at Rs.5.95. I am expecting it move to around Rs.8-9 in the coming days. The stock of this reputed media player has fallen from grace and should recover.  I been asking to accumulate this share along with TV Vision Ltd since the last few months; after the price stabilizes. According to my sources, the company has placed a resolution in front of the lenders, which is expected to further ease selling pressure on the scrip. 

Premium Members who till now have not given their Whatsapp Numbers are requested to do the same at the earliest. It is because I have lost all your cell numbers due to my earlier mobile going for a toss. If you do not give your mobile numbers, then you  might miss sudden intraday inputs from me; as I get news/rumours from the sources. However, you would continue to get mails in your mail boxes, as usual. 

Also, the offer of Premium Life Time subscription is going on, at a cheap rate till the end of October. Those who are interested can mail me at: suman2005s@rediffmail.com. 

Moreover, if you have around Rs.3-5 lakhs then we can go for joint venture with 60:40 profit sharing ratio between you and me. This will be mainly anchored on investment based themes, with proper stop losses and rare trading initiatives. If the trading is limited then there is more chance to make profits; though sometimes prudent trading also gives good returns. However, the long term investment goals in stock market suffered, after this insane Narendra Modi government brought in LTCGT. 

Winning Strokes: Think Different

At the onset I would like to say, that this blog could not be updated during the last few days, as I am having repeated attacks of fever. Don't know the reasons, but this has recently become an eyesore for me, affecting my overall activities. Anyway, the fever has subsided a bit, and hence I thought to update the blog, so that you get some hint on my recommended counters. 

Shree Renuka Sugars Ltd, which was recommended on the basis of ethanol story and GST reached it target of Rs.13 (intraday high of Rs.13.5). I hope most of the Premium Members booked profits today as it closed at Rs.12.81.

The stock of Sintex Industries Ltd today made a high of Rs.14.1 before closing at Rs.13.91. Pan-India strike by truckers over six days hits the textile sector hard and this is probably reflected in the share price of the company. However, I feel with no immediate triggers in the sight, it will take sometime for the stock to move up. 

The stock of BPL Ltd which today  mad a high of around Rs.61.2, closed at Rs.57.25. The investors and traders should book profits in the counter and hold the rest with a SL at Rs.56.

I will be recommending a small cap momentum stock to the Premium Members on Monday, apart from updates on stocks like Rasoya Proteins Ltd, Southern Online Bio Technologies Ltd, etc.. Those who are interested to know the name of scrip and get updates are requested to join Premium Service. Now life time offer (30 years) at the rate of Rs.2000 per  year is going on; you can take advantage of the same before the price shoots up.  

Also, female investors/traders are requested to send a proper mail to me, when they inquire about the details of the Premium Service. Incomplete mails without name will be summarily rejected and their e-mails will be blacklisted. I don't understand why majority of Females, have this habit of sending me mails without  a name.. If you are so fearful that your email addresses or names might be misused by me, then kindly don't send me mail. I will be better off, without you...!! If you cannot write a proper email, then take admission in 7th standard once again....

Winning Strokes: Think Different

The stock of BPL Ltd recommended to the Premium Members at Rs.47.5 this week, jumped 20% today and hit the Upper Circuits. The stock closed at Rs.57.80 in the BSE. Where is the stock heading?

The stock of IFCI Ltd recommended to the Premium Members at Rs.15.65 this week, touched a high of Rs.16.90 intraday, before closing at Rs.16.27. We can look for targets of Rs.19-21 in the coming days, due to the positives mentioned in my earlier post. 

The stock of Shree Renuka Sugars Ltd recommended to the Premium members at around Rs.10.10 today made an intraday high of Rs.12.30 in the BSE before closing at Rs.11.5, with a gain of 11.43%.

The share of Dwarikesh Sugar Industries Ltd which was recommended to the Premium Members this week at around Rs.14.5, today made an intraday high of Rs.16.3, before closing at Rs.16.05 up 10.31% in the BSE. What is the next target for the scrip?

The scrip of Sintex Industries Ltd recommended to the Premium Members and in this blog at around Rs.13.65 made a high of Rs.14.43 today in the BSE before closing at Rs.14.13. We can look forward for targets of Rs.17-19 in the coming days. You should accumulate the scrip in intraday declines, so that your average price comes down.

The share of Globus Spirits Ltd recommended to the Premium Members at Rs.109 this week made an intraday high of Rs.118.85 before closing at Rs.118.30 up 5.58%. We can look for targets of Rs.121-122, in the coming days. But then on what grounds was the share recommended?

I have come out with a Cheap Lifetime Subscription Package (for 30 years) of my information Service, both for the Cash and the F&O market. Those who are interested can send in a mail at: suman2005s@rediffmail.com. The price of this offer is going to rise post Durga Pooja/Dusshera in 2018. This is much better (9 times cheaper) than what you pay for one year. 

Also, I am looking forward for some ace investors, who is ready to have a JV with me on the share market investments. The said angel investor should have a minimum investment capacity of Rs.5-10 lakhs, with around Rs.5 lakhs as buffer, to average the scrip/s in case market gives opportunity. There will be no trading in the counters, only investment based strategy would be employed. The time period of holding would be 2-3 years. The sharing ratio would be 60:40, between you and me.

Winning Strokes

The stock of PC Jeweller Ltd (Rs.93.70), today made a high of Rs.97.55 in the NSE. The 1st target has been reached and I am sure most of the Premium Members booked profit in the counter. However, the fact is that the gold prices could rise in the international market in the short term and hence unless Rs.86 is breached on the downside, the long term investors can keep holding the counter for the next targets of Rs.111-112. 

Recently, there was media reports that Rakesh Jhunjhunwala has increased his stake in J P Associates Ltd (Rs.15.15) to 1.98%, raising lot of eyebrows. It is because I feel may be RJ is thinking that in 2019, the BSP might have a better standing than of today.  Its CMD, Mr.Manoj Gaur has high political connections and it is unlikely that this company is going to fade from the Indian map. 

This company basked in limelight throughout the last decade, building India’s first F1 racing tracks, laying out one of the country’s showcase expressways, launching India’s biggest housing project and rapidly diversifying into multitude of business areas, where it quickly captured large market shares. The company continued to grow during 2004-07 period till the global financial crisis, knocked down the essential pillars of the Indian economy. 

The company piled up debts and the stock Stock of JP Associates Ltd fell from its peak price level of Rs.340 (adjusted basis) in April 2008 to around Rs.6 in 2016. I remember giving a buy at around Rs.8 in this blog, a couple of years back; after which the scrip traveled near Rs.30, giving ~four fold returns to the patient investors. 

There is a news today that, FMO has introduced a bill to further amend the BIA, therefore, till the contours of that fiat comes out in the public domain, I would prefer to have a range play between Rs.13-21.

Sintex Industries Ltd went through selling pressure today and closed at Rs.13.20, even though the company is expected to get benefited due to the duties imposed on imported apparel. The company came out with good set of numbers for the Q1FY19, and I am sure over the medium term, the patient investors would make money in this counter. 

The stock of IFCI Ltd (Rs.15.55) was recommended to the Premium Members this week on the hope that it  is likely to recover ~Rs 2,000 crore from NPA resolution in FY'19. Also, the company is planning to raise around Rs.3000 crore through debt, to fund its new businesses. This Infrastructure lender recently recovered Rs.280.30 crore and has been allotted over 5.79 lakh equity shares of debt-ridden Bhushan Steel (BSL), which has been acquired by Tata Steel, under the insolvency process. The value of 5.79 lakh of Bhusan Steel Ltd at the CMP of Rs.24.05 comes to around Rs.139 lakhs. You can buy, at the CMP  of Rs.15.55, for a short term target of Rs.19.

The stock of BPL Ltd (Rs.48) was recommended today as the company would be a major beneficiary of the GST cut on some of the electric and electronics items (or say consumer good). The company has a major presence in the rural market.  I am looking for a short term target of Rs.53, in the coming days. 

The scrips of Renuka Sugars Ltd (Rs.10.30) and Dwarikesh Sugar Industries Ltd (Rs.14.50) were given a buy to the Premium Members today. In fact a buy was initiated for all the ethanol manufactures, after positive report oozed out from the government regarding GST. With the crude oil on the boil, I am looking forward for short term targets of Rs.13-15 for Shree Renuka Sugars Ltd and Rs.17 for the latter. 

Today, the S&P BSE Mid-Cap index rose 1.29%. The S&P BSE Small-Cap index rose 0.93%. Both these indices outperformed the Sensex. The market breadth, indicating the overall health of the market, was positive. On the BSE, 1,529 shares rose and 1,061 shares fell. A total of 186 shares were unchanged.

I have come out with a Cheap Lifetime Subscription Package (for 30 years) of my information Service, both for the Cash and the F&O market. Those who are interested can send in a mail at: suman2005s@rediffmail.com. The price of this offer is going to rise post Durga Pooja/Dusshera in 2018. This is much better (9 times cheaper) than what you pay for one year. 

Also, I am looking forward for some ace investors, who is ready to have a JV with me on the share market investments. The said angel investor should have a minimum investment capacity of Rs.5-10 lakhs, with around Rs.5 lakhs as buffer, to average the scrip/s in case market gives opportunity. There will be no trading in the counters, only investment based strategy would be employed. The time period of holding would be 2-3 years. The sharing ratio would be 60:40, between you and me. 

~~with inputs from Capital Market Live News

Buy: Sintex Industries Ltd

CMP:  Rs.13.60

Face Value: Re.1

Book Value: Rs.68.33

Dividend Yeild: 1.84%

EPS: Rs.2.46

P/E: 5.52

Industry P/E: 21.16

The Sintex Industries Ltd after the demerger houses the textile division of the company. Bharat Vijay Mills (BVM), the Textile Division of SIL was established in 1931. It is is a Composite textile mill, which manufactures products across the supply chain. The Company has grown to a $50 million company with a work force of over 1600.Today, 

BVM is a vertically integrated plant having its own Spinning to finishing facilities. BVM has been the undisputed leader in varied product mix for the last 70 years with a continuous expansion of its product range. Since last 20 years, it has established a name in the global marked with its yarn dyed/piece dyed shirting, corduroy & bottom weight . SIL has set up a marketing and technical joint venture with Italian player Cancilini to tap the European market for shirting fabrics. Our Its manufacturing operations are spread over an area of three lakh sq. meters across strategic locations. 

Sintex is one of the largest producers in India.

Financials: The company reported a rise of 11.5% in the net profit for Q1FY19 at Rs.39.1 crore against Rs.35.1 crore reported during the same quarter of last year. Its revenues for Q1FY19 rose 35% to Rs.925.3 crore against Rs.687.6 crore on year on year basis. On an operating basis, the EBITDA rose 45% to Rs.109.9 crore against Rs.75.6 crore, year on year. Meanwhile, the consolidated EBITDA margin came in at 11.9% in FY19 as against 11% on Y-o-Y basis.
The company has a Debt Equity Ratio of nearly 1 (one), Current Ratio of around Rs.2.2 and Interest Coverage Ratio of 2.5. The debt equity ratio is a little high because of continuous capex during the last few years. However, this will get reduced in the coming months as its new capacity goes on stream.

Key Triggers:

#The demerger has enabled Sintex Industries Ltd to focus on its core businesses by streamlining operations, cutting costs and ensuring more efficient management control.

#The first phase comprising 3.06 lac spindles of the high-tech yarn facility at Pipavav, Gujarat commenced operations in the first half of FY 2016-17 with spinning quality compact yarn for weaving and knitting application. It achieved a capacity utilization of about 98% by the close of the last financial year.

#Sintex Industries Ltd is also implementing a spinning project with 6 lacs spindle in two phases at Amreli, Gujarat. After setting up the project, around 50% of yarn will be used for captive use and balance would be sold in the open market. The expansion will be eligible for getting interest subsidy of 7% as applicable for spinning units under the Textile Policy Scheme of Gujarat Government.

#In last 4-5 years the company has spent around Rs.4000 crore in Textile business. Further, the company is undergoing a capex of Rs.3200 Crore which is expected to get completed by FY19. Hence, after these slew of expansions, the revenue of the textile division is likely to go up significantly.

#In comparison to the series of expansions, the market cap of the company is only around Rs.807.38 crores. This leaves lot of scope for the increase in shareholder value.

##Last week, the government of India, doubled the import duty on over 50 textile products, like jackets, suits and carpets to 20%, a move that is aimed at promoting domestic manufacturing. The imported products which have become expensive include woven fabrics, dresses, trousers, suits and baby garments.
Under the BVM brand, Sintex Industries Ltd supplies fabrics to reputed international and domestic brands like Arrow, Van Heusen, Marks & Spencer, Ann Taylor, and global fashion labels like Armani, Hugo Boss, Diesel, Burberry, S.Oliver, banana republic, Pepe Jeans, Nike, Zodiac, Canali, The Royal Mint, Massimo Dutti, Mexx, Zara, DKNY, Armani, Colour Plus, H&M, Versace and Tommy Hilfiger.

If we look at the candle stick chart, we can see that it has formed an inverted head like pattern on the daily chart with falling volume, indicating that the company has perhaps formed an intermediate bottom. Buy the stock at the CMP of Rs.13.6 for short term targets of Rs.18-19.

Winning Strokes: Think Different

The stock of PC Jeweller Ltd touched a high of Rs.85 before closing at Rs.81.90  up 15.6% in the NSE. I had mentioned in my yesterday's post, that unless Rs.67 is broken, the downside seems to be capped. I had in this week recommended a buy to the Premium Members. 

Sintex Industries Ltd (Rs.13.60) and Sintex Plastics Technology Ltd (Rs.30.80) are two different companies, though from the same group. So, corporate governance issue in one entity should not been seen with the "GLASS" of another.  Can we analyse the financials of Tata Steel Ltd, by taking into consideration the management of Tata Motors? This is the mistake what Kunal Thanvi, the editor of Smart Money Secrets (www.equitymaster.com) is doing....

What is happening in the scrip of TV Vision Ltd (Rs.4.70) and in other SAB Group of companies? Do you know the latest developments in the company?

It seems the stock of Bhusan Steel Ltd (Rs.23.35) got a support at around Rs.21-22 ranges. However, with the construction and automobile sector going nowhere, we need to carefully look at the counter. 

It seems it has become a habit of sorts for Narendra Modi, to call Rahul Gandhi, as immature individual, but as a seasoned politician what good, he and his government has done to the Indian economy; except giving verbose speeches and then window dressing it with statistics? 

Perhaps, never in the History of India, has such FIRE SELL Indian assets taken place, with once blue chip companies like Lanco Infratech Ltd (Re.0.75), Bhusan Steel Ltd, IVRCL Ltd (Rs.1.55), etc getting sold and few more like Reliance Communications Ltd (Rs.12.95), J P Associates Ltd (Rs.15.10), Videocon Industries Ltd (Rs.6.15), Gammon India Ltd (Rs.2.15), etc reeling under knee deep debts. 

In a soccer field, it is the scoring of goals which matters and not sprinting for 90 minutes. Narendra Modi's foreign sojourn to more than 50 countries, yielding an expenditure of around Rs.1484  crore yielded what?

Winning Strokes: Think Different

Photo: Decospan

Stocks ended with small losses after a volatile session of trade. The barometer index, the S&P BSE Sensex, fell 22.21 points or 0.06% to settle at 36,351.23. The Nifty 50 index fell 23.35 points or 0.21% to settle at 10,957.10. Gains triggered by index heavyweights Reliance Industries and ITC were almost offset by slide in Kotak Mahindra Bank, L&T and HDFC. Investors were cautious ahead of a no-confidence motion against the government. On Friday, 20 July 2018, the parliament will debate a no-confidence motion tabled by opposition parties against the Prime Minister Narendra Modi's government on Wednesday, 18 July 2018, the first day of the monsoon session. The monsoon session of Parliament began on Wednesday, 18 July 2018, and it will conclude on 10 August 2018.

Among secondary barometers, the BSE Mid-Cap index fell 0.63%. The BSE Small-Cap index fell 1%. Both these indices underperformed the Sensex. The market breadth, indicating the overall health of the market, was weak. On BSE, 827 shares rose and 1754 shares fell. A total of 146 shares were unchanged.

Today the stock of P C Jewellers Ltd (Rs.70.85) touched Rs.68.80 intraday. It seems the stock will close near Rs.60, in the next few trading sessions if Rs.67 is not held on the downside. The recent management decision to pull out of buy back of shares, has caused a panic reaction among the shareholders, which will take some time to erase. 

The stock of Sintex Industries Ltd today closed down at Rs.14.05 in the NSE. However, the company is doing fine and the investors should do well to buy the scrip in every decline. 

Till the confusion regarding no - confidence motion tabled in the parliament is over, it will be better if both the investors and traders stay away from the market. It will not be prudent to play in the F&O segment as the trend for the short term remains unclear.

I am thinking to start a life time subscription package for Premium Information Service at nominal cost of Rs.2000 per year or Rs.60,000 in total -- the amount has to be paid in one go. Also, if you have a kitty of Rs.5-10 or more then we can invest in a couple of well researched scrips/shares and keep holding for a couple of years (No trading in between). I am sure the money will get more than doubled during the time -- the profit sharing would be 60:40 between you and myself. The interested candidates can mail me at:suman2005s@rediffmail.com.

~~ with inputs from Capital Market Live News...

Winning Strokes: Think Different

Today, the stock of Sintex Industries Ltd (Rs.14.75) was recommended to the Premium Members, after the company came out with good set of numbers for the Q1FY19. The Book Value of the shares of the company is Rs.68.33 and the EPS is Rs.2.39. The scrip should give good returns in the next 6 months time frame. 

Today, there were media reports that the big bull Rakesh Jhunjhunwala has increased his stake to Rs.1.98% in the troubled company, J P Associates Ltd. If you remember, I have been recommending the company for short term plays since some time. You can buy at the CMP of Rs.14.91 for short term targets of Rs.19-21.

The stock of MBL Infrastructure Ltd closed at Rs.15.85. For the time being stay away from this counter, due to lack of clarity. 

The scrip of e-Governance company Alankit Ltd today closed at Rs.24.20 in the NSE, down  around 2.02%. In the last budget in line with the Narendra Modi government's thrust on digital, finance minister Arun Jaitley announced a host of technology driven projects in areas such as budgeting, depositing fees and fines among others.

Key benchmark indices today dropped in volatile trade as the opposition parties tabled a no-confidence motion against Prime Minister Narendra Modi's government. The barometer index, the S&P BSE Sensex, fell 146.52 points or 0.4% to settle at 36,373.44. The Nifty 50 index fell 27.60 points or 0.25% to settle at 10,980.45. The Nifty settled below the psychologically important 11,000 mark after moving above and below that level in intraday trade.

I am thinking to start a Life Time offer (30 years) of the Premium Information Service at Rs.60,000 for delivery based calls and Rs.1 lakh for both Delivery and F&O Calls. Those who  are interested can mail me at: suman2005s@rediffmail.com/ sumanm2007s@gmail.com. 

Winning Strokes: Think Different

The Intraday call of IOC Ltd (Rs.164.05) today hit a high of Rs.165, which is almost near the target of Rs.165.5. This was an intraday call and hence I believe most of you have booked profit and exited the counter. 

Alankit Ltd today closed at and above Rs.24.70 in both the exchanges. I am expecting the scrip to gather momentum within a short time. The company is an active GST Suvidha Provider (GSP), who routes invoice filings to the central system. Of the 70 shortlisted GSPs only about 25 are active, with even big names such as Tally remaining inactive. This has reduced the dog-eat-dog competition, a bit in this space. A GSP offers a gateway to taxpayers to the GST Network by getting access to the APIs for uploading of invoices and filing returns.

The stock of Energy Development Company Ltd (Rs.15.57), the Amar Singh - Jaya Prada venture is likely to move up as the date of AGM is nearing. Energy Development Company Ltd informed earlier that its Board of Directors,  at its meeting held on June 07, 2018, inter alia, have recommended payment of Dividend @ 5% on the paid-up share capital of the Company (Rs. 0.50 per equity shares of Rs. 10/ - each) for the financial year 2017-18 (subject to approval of members at the ensuing Annual General Meeting). The dividend, if approved, shall be paid within 30 days from the date of the Annual General Meeting. Moreover, with the crude oil on the boil, the shares of Energy Related companies are likely to move up in the near future. Stay Invested!!

The stock of once a Construction Giant, Gammon India Ltd (Rs.1.90) has been suspended from BSE. The share of Gammon Infrastructure Ltd has closed at Rs.1.26 in the BSE. In such circumstances what to do? Join the Premium Service or trade through my recommended brokerage house for suggestions and help on this....Also, I have shared fresh inputs on TV Vision Ltd (Rs.5.40) with Premium Members, tomorrow I will speak with the sources in Rasoya Proteins Ltd (Re.0.16) and Monnet Ispat Ltd (Rs.11.24)..

I will recommend an IT Counter next week, which could give good returns over a period. Those who want to take the 1st mover advantage by the knowing the name of the scrip in advance, they should join my information service. Mail me at: suman2005s@rediffmail.com. Only genuine mails please -- fake ones will be blacklisted. 

Moreover, I am thinking of starting a lifetime service (30 years) at a price tag of Rs.60,000 (Sixty Thousand) for delivery based recommendations and Rs.1 (one) lakh for delivery plus F&O. This is one time investment....for 30 long years or you can say LIFETIME. Because, after that my body may not permit me to do the exercise and hence a cap of 30 years.

But for that I need at least 100 subscribers to start with. If you can form a team and come to me.....I will can give you service for life-time just with a meager sum of Rs.60,000 to Rs.1 lakh. 

Now, if you calculate Rs.18,000 per year (which is my current subscription fee) for 30 years for sending information, then it comes to around Rs.5,40,000 or around Rs.5.4 lakhs. Think about it....if you are interested then please do let me know. One time investment and then life time service.