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  JBF Industries Ltd: Buy CMP : Rs.20.70 Book Value: Rs .23.52 S Sectoral P/E: 25.44 Market Cap : Rs.170 Cr E CEPS (TTM): Rs. 4.15 Recommendation : Strong Buy Introduction:   JBF Industries manufactures polyester value chain products such as PET chips of bottle grade, textile grade, and film grade; polyester yarn such as partially oriented yarn, polyester filament yarn, full drawn yarn, and other specialised yarn; and PET films of thin grade, thick grade, and metallised grade. According to a Care Ratings rating report, the company defaulted on its debt obligations due to its weakened liquidity position. Please click on the above photo to expand. Financials : Net Sales for Q2FY22 was at Rs.963.27 crore up 106.5% from Rs.466.48 crore in September 2020. Quarterly Net Loss came at Rs.40.27 crore in September 2021 as against Rs.88.28 crore in September 2020. EBITDA for Q2FY22 stood at Rs.48.76 crore in September 2021 up 1410.75% from Rs. 3.72 crore in September 2020. Tr iggers :...

Winning Strokes It seems the domestic bourses will ene the year in bullish tone. The BSE Sensex was seen at 58,347.35 up 553.03 points (+0.96%), While the Nifty is seen trading at17,384.30 up 180.35 points (+1.05%). The Bullishness is likely to continue in the indices, however the action will be seen mainly in the small and mid cap counters. Meanwhile, a report by Rahul Goel of Equity Master, spoke of the following: "With our estimates showing that Indian stock markets could add wealth of almost Rs 200 trillion over the next decade." "Because  for the first time ever… Three forces are simultaneously converging to unleash a once in a generation wealth boom." "And  while this revival  could positively impact every person in the country... YOU have the opportunity to turn this historic event into potentially millions of rupees by owning the companies at the heart of this revival." His views also underpin, the bullish undertone of the domestic bourses. 💢 Dha...

Winning Strokes The Indian bourses are trading flat. The BSE Sensex is seen trading at 57,918.68 up 112.19 points (+0.19%), while the Nifty is trading at 17,238.15, up 24.55 points (+0.14%). While the indices are expected to trade flat, the action will be shifted to stock specific counters. # Suzlon Energy Ltd (Rs.9.85 ) hit another consecutive Buyer Freeze. The stock made a new 52 - week high today.  # Shriram EPC Ltd (Rs.10.20)  hit the buyer Freeze today and then came out. We can look for targets of Rs.30/35 in the coming days. Accumulate on declines. FERA companies command high valuations in Indian bourses. It has a good order book position, and quality management. #Buy the shares of BF Utilities Ltd near the CMP of Rs.382, for short term targets of Rs.471/491. This is a Baba Kalyani group company having huge land holdings, near Bangalore. It is also into Renewable Energy. When Suzlon Energy Ltd has been hitting continuous UC, we can look to buy this share.  I f you ...

  Winning Strokes As expected the markets started to rally post Christmas celebrations. I had earlier asked all through Facebook and Twitter posts, suggesting investors to buy good stocks during the market fall to take advantage of any post Christmas Rally. Those have heeded to that advice might be feeling happy. Meanwhile, the shares of IRB Infrastructure Ltd (Rs.212.35), Suzlon Energy Ltd (Rs.8.90) and A2Z Infra Engineering (Rs.8.25)  hit their respective Buyer Freezes. Congratulations to the Shareholders who bought the scrips on my recommendations. Buy the shares of JBF Industries Ltd (Rs.20.80) , for targets over Rs.50. JBF group is the second-largest manufacturer of textile-grade chips and third-largest producer of partially-oriented yarn and biaxially-oriented polyethylene terephthalate (BOPET) chips and films domestically.   The company got badly affected due to Covid-19 Pandemic. However, the things are improving and its fundamentals are set to take a q...

  Winning Strokes The BSE Sensex is trading at 57,377.73 up 447.17 points (+0.79%), while the Nifty was seen trading at 17,084.20 up 128.75 points (+0.76%). The Nifty is likely to test 17500/18100 in the coming days. However, 16600 level is very important, on the downside. Photo : The Print. #Buy the shares of IRB Infrastructure Ltd near the CMP of Rs.210.20. The company has a whopping order book position of Rs.19,210 crore. IRB Infrastructure has already completed and commissioned the 124 km long Agra Etawah BOT project with a cost outlay of around Rs.3,044 crore in UP. It is currently in the final stages of completing and commissioning its 99 km long Hapur Moradabad BOT project with cost outlay of around Rs.3,345 crore. Meanwhile, the Competition Commission of India (CCI) earlier approved the acquisition of up to 16.94% equity share capital of IRB Infrastructure Developers Limited (IRB /Target) by Bricklayers Investment Pte. Ltd. (GIC Investor/Acquirer). Besides, IRB Infrastruct...

Winning Strokes Yesterday, the BSE Sensex closed at 56,319.019 up 497 points (+0.89%), while the Nifty settled at 16,770.85 up 156.65 points (+0.94%). I'm expecting the Nifty to gradually trend towards 16400/15870 level in the coming days, before moving up. Photo: Times Now. Finance Minister Nirmala Sitharaman will present her third budget and will be assisted by a team of advisers and secretaries with a mission to boost economy in these outbreak times. Sitharaman has promised that the upcoming Budget will be of a kind never seen before, one where fiscal concerns will be kept aside and there could be record public spending, with an objective of boosting demand and creating jobs .  So, next year we can look forward to Sensex touching 70,000. #The stock of Shriram EPC Ltd (Rs.7.45) touched a high of Rs.7.65 in the NSE before closing near the day's high.  The Dubai-based family office Mark AB Capital will take over Shriram EPC, an engineering procurement and construction co...

  Winning Strokes  The large caps stocks are going for some corrections today, while the action is seen in the small and micro cap counters. The BSE Sensex was last seen trading at 58,319.09, down 458.77 (-0.80%) points, while the NSE was trading at 17,381.302 down 127.10 (-0.74%) points. A healthy correction is necessary for the entry of fresh funds. The investors should use these opportunities to pick up good stocks at reasonable prices. Photo : The Business Standard. # Buy the scrip of Shriram EPC Ltd at Rs.7.70, T: Rs.12/17, SL: Rs. 6.70.  This company was taken over by a Dubai based group, specialising in EPC contracts. The  Dubai-based Mark AB Capital is scheduled to infuse Rs.350 Crore in Shriram EPC. #The shares of Bombay Rayon and Fashions Ltd (Rs.7) hit another buyer Freeze on some positive news, which I'll share with you soon, on this blog. It has a sprawling factory at Tarapur, MIDC Boisar West, Mumbai Metropolis. The cost of land on which the factory i...

  Indus Towers Ltd: Ride the 5G Story CMP: Rs.275.10. P/E: 13.94 Industry P/E: 23.81 Dividend Yield: 7.31% Market Cap: Rs.74.137 crore Introduction: Bharti Infratel Limited and Indus Towers merged to establish Indus Towers Limited. T he combined strength has made Indus, one of the largest telecom tower companies in the world, providing, high-quality, inexpensive, reliable services and enabling communication for millions of people every day. Indus Towers Limited has a statewide presence, covering all 22 telecom circles, with around 183,462 towers and 332,551 co-locations (as of 30 September 2021). Bharti Airtel (together with Bharti Hexacom), Vodafone Idea Limited, and Reliance Jio Infocomm Limited are Indus' top customers, as they are India's top wireless telecommunications service providers by revenue. Financials :  Net Sales at Rs 6,875.20 crore in September 2021 up 289.33% from Rs. 1,765.90 crore in September 2020. Quarterly Net Profit at Rs. 1,559.80 crore in September 202...