Indian Share Market

This company is 90 year old and was founded by Walchand Hirachand who has founded many famous companies like HAL, HCC, Premier automobiles etc. The company is engaged in production of concrete pipes, steel pipes, railway sleepers etc. Pipes are useful in drainage projects, hydro electric projects, irrigation projects and other industrial projects. It is going to benefit greatly from government spend on road, power, irrigation projects. Financially the company is in good shape. Debt to equity is below 1 and company is trying to reduce its debt. It has shown very good sales and profit growth in past years. The stock has fallen recently from 594.7 and currently trading around 440. The main reason for the fall may be the poor quarterly results in sept 2017 quarter. However, I feel that the results will be good in coming quarters given their area of business and government spending for infrastructure. Technically, the stock has formed bullish divergence with respect to money flow index...

Tiger logistics is a end to end supply chain solutions company mainly concentrated on exports. It was established in 2000 and listed in BSE SME platform in 2013. Their website says that clientele includes – Hero Moto Corp, Yamaha Motors, Honda Motorcycles & Scooters, Honda Cars, TVS, Bajaj Auto, Piaggio, BKT, LG Electronics, Su-Kam, Dura – Line, Euro Vistaa, KCTEX, Alok Industries, Jindal Agro, Bombaywala, Mccain Foods, APAR Industries, Rachitech, Inox Wind, Somany, Goldsil, Lancer Footwear and so on. Financially the company looks strong and in a growth path. Sales have doubled since 2014 and PAT has almost tripled in the same time period. The debt is 6.5 crores as on March 2017 and debt to equity ratio is just 0.14. The company operates on very thin operating margin of around 5% and any adverse business conditions might affect the profitability of the company. The share price is at 167.25 as on 15th Sept 2017. The P/E ratio is 16.64 which is reasonable given the growth rate o...

It has been a long time since I started investment in stock markets. This blog was idle for 6 years without any post. Now I intend to revive it with regular posts. I had thought about it multiple times in past one year but the SEBI regulations related to mandatory registration of research analysts stopped me. However, now I am clear that registration is not mandatory for those who provide opinion through public media. (Reference: Point 21 in this document ). In the past few years I have learnt more about markets both from fundamental and technical side. I would like to share my analysis going forward. Please provide your thoughts in the form of comments.

I am back after a break of 3 months. Many things changed in market meanwhile, but I was bit busy to post. Now I have decided to post regularly. Nowadays I am watching the stock HCL infosystems . I feel it is a good bet for long term. The reasons are its book value of 87.36 Rs and a good dividend of 400% per year. At present price dividend yield works out more than 15%. This stock has fallen from above 100Rs because of involvement of its name in Commonwealth games scam. But, now it has fallen enough and its time to rise. I recommend to buy this stock under 45Rs.

This is the another stock I hold. Present value of this stock is Rs. 81.70. It looks very attractive to me because of its book value and potential to bounce back from lows. Book value is Rs.129. Another interesting thing is it gives a good dividend. Last time it gave Rs.3 dividend per share. Presently this one along with other banks is trading low because of higher interest rates and overall poor market. One can expect its price to cross Rs.110 in near future. I strongly recommend you to buy this share.

As per my policy practice before you preach, I start with the stock which I currently hold. I had bought Ashok Leyland at a price Rs.25.70. It is at around 26 Rs now. I feel it is a good stock if you wish to hold for nearly 6 months. Ashok Leyland will release a LCV dost in 6 months. If it is a success stock price will surely go upto 40. Otherwise it will atleast cross 30.