Can This Sugar Stock Will Touch new 52 weeks high ?

The Company is one of the largest integrated sugar companies in India. DEBT FREE Company .

The allied businesses of the Company comprise distillery operations and cogeneration of power.
one of the most efficient integrated sugar producers in the country. The Company has grown its capacity by well-planned capacity expansion projects and the acquisition of existing companies over recent years. 

Manufacturing Capabilities
The company owns and operates 10 manufacturing plants in Eastern & Central Uttar Pradesh. It has an installed crushing capacity of 76500 tones of cane per day. Its 4 distillery units operate at a capacity of 520 KLPD. Its 8 co-gen power units possess a total power output of 170 MW. 
The company has approved capex of 320 crores for setting up its 5th distillery of 320 KLPD capacity at Maizapur unit.

82% Revenues from Sugar
Sugar business accounts for 82% of the company’s revenues, followed by distillery business (10%) & Co-gen power business (8%).

Entry into downstream businesses
Distillery business- It entered into the distillery business in 1996 and has commissioned 4 distilleries till date. it is primarily engaged in the production of industrial alcohol and ethanol. 
Co-gen power business- Balrampur entered the business of power co-generation in 2003. Over the years, the Company commissioned aggregate saleable co-generation capacity of 165.20 megawatts. Of the total power generated, the Company consumes nearly 37% within and markets the rest to the state electricity grid. 

Buybacks
The company has done 4 share buybacks till Q1 of 2020-21 with a cumulative payout of more than 500 crores.

Stock Price CAGR
10 Years:13%
5 Years:20%
3 Years:52%

 Return on Equity10 Years:

5 Years : 26 %

3 Years : 23%

Last Year : 22% .

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Sep 2008Sep 2009Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
ROCE %9%15%14%5%11%5%1%12%26%13%20%16%
Debtor Days1341123209192617153818
Inventory Turnover1.762.332.211.021.301.051.341.121.041.691.491.52

STOCK NAME : BALRAMPUR CHINNI MILLS LTD

CMP : 160 .

TARGET : 192 – 208- 240-290++

BASED ON : FUNDEMENTAL ANALYSIS.

STUDY PURPOSES ONLY .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk.

He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

STOP LOSS TRIGERED BOOK LOSS SHORT TERM CALL : BALKRISHNA INDUSTRIES LTD BUY OR SELL ?

BALKRISHNA INDUSTRIES : Based On News .

Date : 13.02.2021

CMP : 1655.50

STOPLOSS : 1615 /-.

Target : 1680 – 1730 – 2050 .

Time Frame : 1 Week to 10 Days .

About Company :

Tires are our business
While the group foundation dates back to the 1950s, Balkrishna Industries Limited (BKT) started its Off-Highway tire business in 1987. For over 30 years, BKT has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications.…but your business is at our core. Thanks to your suggestions, requirements, and feedback, in the course of the years we have come up with many tire novelties that cater for the most demanding user needs in any Off-Highway application, and today we offer an extensive product range of over 2,700 high-performance specialist tires.

Even if we are a multinational company, we are a family-owned business. My father took the “Made in India” to international markets and laid the foundations of BKT as it is known today. We have always been driven by a spirit of ambitious innovation and a strong bond with our partners.

We think there is much more to share than products, materials, and technologies. We wish to share our values and traditions. We share the idea of a great team, in which everyone pulls in the same direction.

Advanced manufacturing technology is key to innovation.

Talent for innovation has been BKT’s strength ever since as a result of consistent and continuous investment into Research and Development as well as into tire technology, tire machinery and tire manufacturing processes. Our independent R&D Center in Bhuj ensures research into innovative product design and development as well as sustainable materials.

This includes “the tire of the future” project as well as new compounding methods by using rubber obtained from the Russian Dandelion TKS as a renewable alternative to natural rubber. In addition, we produce in-house our own tire molds and carbon black pigments.

This provides us with major autonomy and ensures enhanced quality control throughout the entire supply chain.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

SHORT TERM & LONG TERM CALL : ITC TIME TO BUY OR SELL ?

FOR SHORT TERM :

BUY @CMP 218.60 (12.02.2021), TARGET : 222 TO 235 , TIME FRAME : 1 WEEK TIME .

FOR Long term : Target – 320 to 520 , Time frame : 3 YEARS .

ITC is one of India’s foremost private sector companies and a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri Business and Information Technology. The Company is acknowledged as one of India’s most valuable business corporations with a Gross sales value of ₹ 76,097.31 crores and Net Profit of ₹ 15,136.05 crores (as on 31.03.2020). ITC was ranked as India’s most admired company, according to a survey conducted by Fortune India, in association with Hay Group.

ITC is the country’s leading FMCG marketer, the clear market leader in the Indian Paperboard and Packaging industry, a globally acknowledged pioneer in farmer empowerment through its wide-reaching Agri Business, a pre-eminent hotel chain in India that is a trailblazer in ‘Responsible Luxury’. ITC’s wholly-owned subsidiary, ITC Infotech, is a specialized global digital solutions provider.

Over the last decade, ITC’s new Consumer Goods Businesses have established a vibrant portfolio of 25 world- class Indian brands that create and retain value in India. ITC’s world class FMCG brands including Aashirvaad, Sunfeast, Yippee!, Bingo!, B Natural, ITC Master Chef, Fabelle, Sunbean, Fiama, Engage, Vivel, Savlon, Classmate, Paperkraft, Mangaldeep, Aim and others have garnered encouraging consumer franchise within a short span of time. While several of these brands are market leaders in their segments, others are making appreciable progress.

The competitiveness of ITC’s diverse businesses rest on the strong foundations of institutional strengths derived from its deep consumer insights, cutting-edge Research & Development, differentiated product development capacity, brand-building capability, world-class manufacturing infrastructure, extensive rural linkages, efficient trade marketing and distribution network and dedicated human resources. ITC’s ability to leverage internal synergies residing across its diverse businesses lends a unique source of competitive advantage to its products and services.

ITC’s ‘Nation First: Sab Saath Badhein’ philosophy underlines its core belief in building a globally competitive and profitable Indian enterprise that makes an exemplary contribution to creating larger societal value. As a company deeply rooted in Indian soil, ITC is inspired by the opportunity to serve larger national priorities. A global exemplar in Sustainability, ITC is the only enterprise in the world of comparable dimensions to be carbon-positive, water-positive and solid waste recycling positive for over a decade now. ITC has created over 6 million sustainable livelihoods. Nearly 41% of the total energy consumed in ITC is from renewable sources. ITC’s premium luxury hotels have the unique distinction of being LEED Platinum certified.

ITC’s Well-being Out of Waste programme (WOW) that comprehensively addresses the problem of solid waste management, of which plastic waste is a significant component, provides an end-to-end sustainable and scalable solution that has reached out to over 1 crore citizens in the country.

Together with farmers and local communities, ITC has implemented largescale interventions in climate-smart and sustainable agriculture that make a meaningful contribution to the Hon’ble Prime Minister’s vision of doubling farmer incomes. Towards this, ITC has launched an integrated programme titled ‘Baareh Mahine Hariyali’ (maximising farm utilisation over 12 months of the year) to give a new dimension to the complex task of multiplying farmer incomes. ITC is collaborating with NITI Aayog to progressively build capacity of 2 million farmers in 27 Aspirational Districts to help enhance rural incomes.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Target Achived : Call Closed SHORT TERM CALL : ESAB INDIA LTD

Update : Touched A High 1916 On 15.02.2021 and Target achived Call Closed.

BUY ESAB INDIA CMP : 1874(12.02.2021), TARGET : 1920-1986-2060 , TIME FRAME : 1 WEEK TO 1 MONTH.

The story of ESAB is the story of welding. When our founder Oscar Kjellberg developed the world’s first coated welding electrode in 1904, he launched a company whose innovation and uncompromising standards have helped create the history of welding itself. 

For more than 100 years, ESAB has been powered by the will to continuously seek new and improved ways of serving our customers. This has made ESAB a world leader in welding products and advanced cutting systems. 

In 2012, ESAB was acquired by Colfax Corporation, one of the world’s leading diversified industrial manufacturing companies. Colfax, like ESAB, is a solidly customer-focused company that places strong emphasis on constant innovation and improvement.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Target achieved – SHORT TERM CALL : POLYPLEX CORPORATION BUY OR SELL ?

Update PolyPlex Made a New High Today @ 945.10(New 52 weeks high) on 11.02.2021 .

BUY POLYPLEX @ 900.20 (11.02.2021),STOPLOSS : 880.50(ON CLOSING BASIS),TARGET : 920 TO 1000 POSSIBLE , TIME FRAME : 1 WEEK TO 10 DAYS Based on NEWS .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Achieved Targets of Rs. 434.20 after buy price triggered Call Closed .. Short Term Call : BUY BPCL @414.60.

Update : Today BPCL Made Intraday High 429.20 on 19.02.2021 . Achieved in 9 days time frame ..

Buy @ 414.60 Dated on 11.02.2021. .Stop loss : 393.20 Closing Basis . Target : 422 – 440 Possible, Time Frame : 1 Week to 10 Days Based on News.

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Targets Achieved – Call Closed Continue To Hold Update : Short Term Call :IS MGL BUY OR SELL?

Note : Update on 11.02.2021 MGL Touched Target : 1184.40 Intraday ,Risky Traders Can Continue to Hold With Target: 1190 to 1250 , With stoploss : 1160 as buy price with no risk .

MGL Cmp : 1145 on 10.02.2021 , Stop loss : 1110(closing basis ),Target : 1180 to 1220 possible . Time Frame : 10 Days .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities.All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

SMALL CAP COMPANY IN CYLINDER & INDUSTRIAL PRODUCTS

Good Morning Investors ,One Stock that can Benefit from Present Situations. Day By Day Covid Cases are Increasing . One Compulsory Product in Every Hospital is Cylinder. Below is The Stock Name to look into such Sectors in Coming Months & Years . All are For STUDY PURPOSES ONLY .

Everest Kanto Cylinder Limited is engaged in the manufacture of fabricated metal products, except machinery and equipment.

Everest Kanto Cylinders Ltd is a major player in High Pressure Seamless Steel Gas Cylinder Industry. They manufacture wide range of cylinders for industrial gases, medical gases, fire fighting equipments, beverage industry, accumulator shells, aerospace, scientific research and CNG- NGV cylinders.

They also manufacture storage cylinders cascades complete with fittings and accessories for CNG and other industrial use.Everest Kanto Cylinders Ltd was incorporated in the year 1978. In the same year, the company in collaboration with Kanto Koatsu Yoki Manufacturing Company, Japan set up a manufacturing unit at Aurangabad.

In the year 1981, they started commercial production in their Aurangabad plant. In the year 1985, they expanded their manufacturing capacity with in-house technology by setting up a new facility at Tarapur to manufacture the widest range of High Pressure Gas Cylinder. The company set up a new state of the art manufacturing facility at Dubai, in order to tap the emerging potential for cylinders in Iran, Pakistan and Bangladesh.

This plant commenced their production during the year 2003-04. In April 2005, the company entered into a joint venture agreement with China based Cangzhou Gas Corporation for producing and selling high pressure gas cylinders.

In December 2005, the company commenced their production at Gandhidham which has the production capacity of 340000 cylinders per annum. During the year 2006-07, the company formed two wholly owned subsidiary namely EKC International FZE in Dubai and EKC Industries (Tianjin) Ltd in Peoples Republic of China.

The company sold their fixed assets of their branch at Dubai to EKC International FZE, Dubai. This unit catered the growing demand from South East Asia, Middle East and CIS countries.In October 2007, EKC International FZE, the wholly owned subsidiary of the company in Dubai successfully commissioned their second plant in Dubai.

During April 2008, EKC International FZE, wholly owned subsidiary of the Company in UAE has formed a wholly owned subsidiary in Hungary by the name of EKC Hungary Ltd. Further, EKC Hungary Ltd formed a wholly owned subsidiary in USA by the name of CP Industries Holding Inc.

In April 21, 2008 EKC group acquired all the assets of CP Industries Inc, a division of Reunion Industries Inc, USA for an amount of USD 66.3 million.EKC Industries (Tianjin) Co Ltd, the wholly owned subsidiary of the company in Peoples Republic of China completed the trial production phase and commercial production commenced during May 2008.

In October 2008, the company received an order for a value of USD 13 million form Pakistan and Middle East countries for the supply of CNG cylinders through their wholly owned subsidiary, EKC International FZE, Dubai.

The company is implementing new project at their existing facility in Gandhidham which would result in creation of a 200,000 cylinders per annum and commissioning of these plant is expected during end of the financial year 2008-09. The company is in the process of setting up a cylinder manufacturing plant at Kandla Special Economic Zone. This plant is expected to be commissioned during the first quarter of financial year 2009-10.

Management :

  • Managing Director P K Khurana
  • Executive Chairman Pushkar Khurana.
  • Independent Director Uma Acharya
  • Independent Director M N Sudhindra Rao
  • Company Secretary Bhagyashree Kanekar
  • Independent Director Ghanshyam Vithaldas Karkera
  • Independent Director VAIJAYANTI AJIT PANDIT

Company Name : EVEREST KANTO CYLINDER LTD .

Cmp : 61.20 (10.02.2021)

Target : 92 – 110-140++

Time Frame : 3 Months To 2 Year .

Based on Supply & Demand Expected huge Demand is Expected .

STUDY PURPOSES ONLY .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk.

He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Stop Loss Triggered Book Loss : Company Declared Dividend on 17.02.2021is Very Less So Stock is in Selling Pressure . SHORT TERM : IS NLC INDIA BUY OR SELL ?

It is a long history with lots of efforts behind the birth of baby of Coal family, the fossil fuel, “LIGNITE” arrival in the coal starved Southern region of India. The following is the gist of events that took place in the legend of Tamil Nadu before the formation of NLC India Limited as a Corporate body.

NLC INDIA (BSE CODE : NLCINDIA)

CMP : 57.60

TARGET : 60.50 – 62.80 .

STOP LOSS : 52.30 ON CLOSING BASIS ,

TIME FRAME : 1 WEEK TO 10 DAYS .

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.

Call Closed Touched Target on 11.02.2021 Intraday Target @ 1346/-Short Term Buy Call : IIFL WEALTH MANAGEMENT LTD

Risky Investors Can Continue To Hold As there is Dividend Declared By Company @ 30/- Rs. Per Share if you Sell Tomorrow Morning Opening .

IIFL Asset Management is part of IIFL Wealth & Asset Management (IIFL WAM), one of the leading wealth and asset management companies in India.

IIFL WAM serves the profoundly particular and complex requirements of high total assets and super high total assets people, family workplaces and institutional customers. It is the principal unadulterated abundance the executives organization to get recorded on the main stock trades of India. It helps powerful families in India and abroad to save, secure and develop their inheritance. A profound comprehension of customers brings about a thorough scope of customized abundance the executives answers for the insightful customers.

IIFL WAM is one of the pioneers in the business to achieve item advancements. The organization was granted the renowned ‘Best Private Banking Services Overall’ grant for India in the Euromoney Private Banking and Wealth Management Survey 2020. It is likewise positioned number one across the wide range of various 15 classes for India in the review that goes from taking into account Ultra High Net Worth (UHNW) people to Family Office Services, Investment Management and Emerging innovation selection, other than in excess of 110 different honors of notoriety since its beginning in 2008. Settled in Mumbai, IIFL WAM has in excess of 900 representatives and a presence in 6 significant worldwide monetary centers and 23 areas in India.

IIFLWAM CMP : 1200, Target : 1220 -1280 , Stop Loss : 1165 On Closing Basis .Time Frame : 1 – 5 Days Possible.(Call Closed )

Disclaimer: I am Not a SEBI REGISTERED ANALYST. This Website & Its Owner, Creator & Contributor is Neither a Research Analyst nor an Investment Advisor and Expressing Option Only as an Investor in Indian Equities. All trading strategies are used at your own risk. He/ She are Not Responsible for any Loss a Rising out of any Information, Post or Opinion Appearing on this Website. Investors are advised to do Own Due Diligence or Consult Financial Consultant before acting on Such Information. Author of this Website not providing any Paid Service and not Sending Bulk mails/SMS to Anyone. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Investment/Trading in securities Market is subject to market risk.