SumanSpeaks: The Information Super Highway

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 ...

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 s...

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...

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 sho...

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 fa...

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 a...

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 b...

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 dig...

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 infor...

Market Mantra The stock of Alankit Ltd (Rs.24.55) , basically an e-Governance company, was recommended yesterday to the Premium Members; the stock is up around 3% today. With the government’s increased focus on greater level of governance and transparency on back of digitization, these kinds of companies are likely to be beneficial, albeit with increased competition from the peers. Alankit Ltd. is a 25-year-old entity which has been operating across the diverse spectrum of financial services, e-Governance, insurance and healthcare services. Alankit Assignments Ltd, one of the leading affiliated companies of the group commenced business operations in 1995 and was recently the registrar of one of India’s largest ever public-sector IPO – HUDCO. With a network of over 5000 centers, Alankit has direct presence in more than 673 cities across India. The company also has presence in international frontiers with presence in UAE, UK and Singapore.  After building strong and success...

Winning Strokes : Think Different Photo : Live Mint Today the scrip of P C Jewellers Ltd (Rs.119.90) closed below Rs.121, after the company cancelled the buyback offer. However, such announcement of back of shares by management does not mean much  to the shareholders except some form of moral booster. Moreover, it is often seen that the required company does not stick to the promise of full amount buyback mentioned earlier. I would therefore, congratulate the management of the company and ask them to deploy the funds kept aside for buyback for the establishment of new retail outlets which will create more value for the shareholders. You can take fresh positions only if it gives a closing above Rs.122 with good volumes -- till then stay away from the counter; as I fear that it might test Rs.95 going forward. Jewelers in India are having a tough time since the last few years. Recently, the industry came under a cloud with two companies under investigation for an alleged ba...

Market Mantra Photo : Mro-Tek Ltd Buy the shares of  Mro-Tek Realty Ltd  at around Rs.45-46, for short term targets of Rs.61-62. The company made a turnaround last fiscal and this year it is going fine. For March,'18 quarter the total revenues of the company came at Rs.19.31 crores generating a profit of Rs.11.06 crores and EPS of Rs.5.92. The cash EPS for the quarter was Rs.6.04 according to the data, in the BSE website.  Today, the stock of  PC Jewellers Ltd (Rs.122.90) , the 2nd largest jewelry company in India is doing fine. The  risk taking investors can buy the scrip with a strict  SL at Rs.121 on closing basis. Since, the crude oil prices are rising, one can look at Sugar Counters (...who are also into Ethanol production) like,  Balrampur Chini Ltd   (Rs.67.70), Sri Renuka Sugars Ltd (Rs.12.35), Dhampur Sugar Mills Ltd (Rs,85.10) , etc.  Overseas, most Asian stocks rose as China refrained from detailing retali...

Winning Strokes : Think Different Energy Development Ltd today closed at around Rs.15.80 in the NSE. Good rains whole over India is positive for the company. The company is basically into Hydro and Wind power projects. I am expecting a price of around Rs.21 by the end of this month.  Today, the stock of P C Jewelers Ltd closed at around Rs.121.60. After breaking Rs.126 on the downside, it might test Rs.95 going forward. The traders should exit the scrip and wait for it to close above Rs.127 to take fresh positions.  Today the market moved up basically because of RIL which gave a closing at Rs.1,082.35 up 4.19%. The price of US crude oil is rallying after Wednesday’s sharp fall prompted by news that Libya’s National Oil Corporation is reopening four oil export terminals. The recovery was prompted by a report from the US Energy Information Administration that US crude oil inventories fell by 12.6 million barrels in the week to July 6, almost three times the drop...

Winning Strokes Buy P C Jewelers Ltd at around Rs.131-132; SL: Rs.127, T: Rs.151. The stock should gain, as the inflation fear is likely to make assets costly. RBI can also go for another rate hike by October, to stem the slide in INR Vs USD. Monnet Ispat which was recommended in this blog some time back today hit the buyer freeze at Rs.11.35 in the BSE. If you are looking for a micro cap counter then you can go for Amar Singh & Jaya Prada Company Energy Development Company Ltd at around Rs.15.70-16, for short term targets of Rs.21-22. Good monsoon rain is positive  for the company. The Premium Members were recommended this stock today, along with the scrip of P C Jewellers Ltd. I am having problem writing in this blog, from my mobile may be due to technical failure. My RJio Wifi has gone for a toss..so till I buy a new one, please bear with me.