SumanSpeaks: The Information Super Highway

Indowind Energy Ltd: Buy CMP: 13.45. Book Value: Rs.25.74. Market Cap: Rs.169 crore. Introduction :  Indowind Energy Limited (IEL) has been in the business of power generation through wind mills since its inception in July 1995. It is one of the pioneers in the renewable energy sector and is managed by professions with experience in diverse fields. Shri Bala Venckat Kutti, Indus Finance Limited, and Loyal Credit & Investments Limited are the company's promoters.  Over the course of 27 years, the company has consistently grown in this sector. The Company set up its first wind Mill in Tamil Nadu having a capacity of 225 MW. Interestingly, the windmills of the company are situated in the highest wind potential areas in the states of Tamil Nadu and Karnataka. As on date,  Indowind Energy Ltd is having 123 windmills having capacity of 49.645 MW spread across the states of Tamil Nadu and Karnataka (Tamil Nadu: 29.55 MW and Karnataka: 20.095 MW).  Apart from this anothe...

  Market Mantra The BSE is now trading at 60,516.48 up 423.51 points (+0.70%), while the Nifty was last seen at 18,007.25 up 112.40 points (+0.63%). However, this green tick in the indices belies the bigger sell off in the broader market. #Today the shares of Zomato Ltd (Rs.50.70 ) broke Rs.52/53 ranges. Hence I would suggest to avoid fresh buying, unless it gives a closing above Rs.52.70. Put SL at Rs.47 on closing basis. I'm finding some pattern in selling. I had tagged SEBI and Mr.Kirit Somaya on Twitter and asked them to look into the matter. Ironically, the shares of Zomato Ltd is getting sold off at a time when Nationwide Lockdowns have been lifted and intense cold is preventing people from going out. In such a weather it is just a no brainer to think that people will order food through mobile, for home delivery. Moreover, 1 Million plus order on the new year day is not a joke. Even if we take a minimum of Rs.10 as the average net margin per order, the profit could be in cror...

  Market Mantra The benchmark Nifty is down 60.20 points to 17,828.45 after the FPIs went for heavy selling yesterday. However, the Nifty should hold 17,200 on the downside as there are no major negative news on the inflation front. The action should now depend on stock selection, as the days of low hanging fruits 🍓🍓🍑🍑 are probably over. Those who have experience in the market will survive, the rest are likely to burn their fingers.  Those who have a portfolio size of around Rs.2 lakhs can join my profit sharing scheme of 60:40, between you and my consultancy. The stocks will be chosen basically on fundamental basis, though technical angle can't also be overlooked.  #Accumulate the shares of Nahar Spinning Mills Ltd near Rs.281, for targets of Rs.320/350. SL: Rs.257. Drastic fall in the price of cotton is positive for the textile companies. #The stock of Indowind Energy Ltd (Rs.15.70) hit another lower circuit today probably on the fear that the company would become ...

  Indowind Energy Ltd: Some thoughts Introduction : Indowind Energy Limited develops wind farms for sale, manages the wind assets, and generates Green Power for sale to utilities and corporates.  It also does turnkey implementation of Wind Power Projects, from concept to commissioning. It also undertakes Wind Asset Management Solution for installed assets, including operations, billing, collection of revenue to project customers. Supply of Green Power to Customers. It is also into CERs (Carbon Credit) Sales and Trading. Rights Issue and other details : 1st let me start with Carbon Credits, Indian companies have registered 1,669 projects under CDM and earned 246.6 million credits; another 526 projects were registered under the ‘voluntary’ market and these have earned 89 million credits. Thus, in all, Indian companies got roughly 350 million credits. To begin with, Indian enterprises registered 1,669 projects under the CDM and earned 246.6 million credits; another 526 projects w...

  Tit - bits *D B Realty Ltd (Rs.91)* has taken the support at Rs.87/88 ranges and is moving up. We can again see the targets of Rs.131/135, as the company is selling its Andheri East land parcel at a whooping Rs.480 Cr. Also, if the media reports are to be believed then it is a takeover candidate by *Adani Group*. As per market rumour, they are likely to name it *Adani Reality*. *A2Z Infra Engineering Ltd (Rs.10)* has tied up with Airtel for installation of telecom infrastructure in India. Accumulate!! *RTN Power Ltd (Rs.4)*  the erstwhile Indiabulls Power, an  A - grade power company, is struck up in a range. It will however break out of the current levels as its fundamentals are improving constantly. It has two sprawling factories in Amravati and Nashik, the former is *profitable*, while the latter is slowly coming out of debts. *You can start to accumulate once it gives a closing above Rs.4.20.* The *Mukhesh Ambani owned media Behemoth, * TV18 Broadcast Ltd (Rs.37)*...

Market Mantra  Yesterday, the S&P BSE Sensex, fell 304.18 points, or 0.50%, to 60,353.27, while the Nifty50 fell 50.80 points to 17,992.15 or 0.28%. Today also the Nifty is down 49.65 (0.28%). The indices are going for seasonal adjustments, post a massive Bull run --medium to long term investors need not worry. Investors were concerned after the Dow Jones fell as the US Federal Reserve's December monetary policy meeting increased apprehensions, that the US central bank will continue to raise interest rates in the future. Yesterday, the U.S. stocks sank after economic data showed private payrolls rose more than expected last month and weekly jobless claims fell to a three-month low, pointing to continued tightness in the labor market despite higher interest rates. But the point is that we can't draw such staight forward conclusions, simply by looking at the US Jobs data while ignoring other economic matrices, like job cuts,  contraction in the US economy (Two consecutive qu...

  Market Mantra #Buy the shares of Mukhesh Ambani Company, TV18 Broadcast Ltd near the CMP of Rs.37.20, for short term targets of Rs.41/42, SL: Rs.35. Triggers : Analysts believe that amendments to the new tariff order (NTO 2.0), combined with industry consolidation, will keep broadcasting stocks buoyant in the short term. Furthermore, as raw material costs decline for the majority of business enterprises in the second half of the current fiscal year (H2FY23), it is expected that advertising spending will increase in the following quarters. #Buy the shares of A2Z Infra Engineering Ltd near the CMP of Rs.10, for short term targets of Rs.17/19.

  A2Z Infra Engineering Ltd: Buy CMP: Rs.10 Introduction :  The focus of the A2Z Group has been on Facility Management and Waste Management (Collecon & Transportation) and shall continue to be so. In the EPC vertical, it is focused on executing existing projects and pursued only the projects that present suitable financial terms. In the EPC business, its focus continues to be on the Telecom and Power Transmission & Distribution segments. The company is presently having offices in Nepal, Uganda and Tanzania for global expansion of business. In near future to expand the business operations, the company might open offices in other countries as well. More Coming.......Stay Tuned....🙏🙏

Piramal Pharma Solutions Ltd (Rs.16.65): Highly Undervalued? In August last year, the National Company Law Tribunal approved the demerger of Piramal Enterprises' (PEL) pharma business and the simplification of the company's corporate structure. The order paved the way towards creation of two separate listed entities Piramal Enterprises Ltd (NBFC) and Piramal Pharma Ltd (PPL). It is to be noted that the demerger plan of Piramal Enterprises was approved by the company’s board a year ago after PE biggie Carlyle Group invested about $540 million for a 20% equity stake in Piramal Pharma in 2020.  Now, let do some simple arithmetic, $540 million = Rs.4428 Cr. This much amount was paid for 20% stake in Piramal Pharma Solutions Ltd (Rs.16.65) by PE biggie Carlyle Group in 2020. Which means the approximate valuation of Piramal Pharma Ltd = Rs.22,140 Cr in 2020 or 3 - years back. Ironically, this is against the current market cap of Rs.13,681 Cr. ================== However, as mentioned ...