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II Budget Issue II

An ISO 9001

Only Financial W

English Financial Wee

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GAMC No. :1703/2018-20. Issue VOL : 10

Issue No: 51

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Published Place : 311 & 313, Nalanda Encla

Jaitley’s Prescription for

Agri and Rural focuse

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4 th February 2018 to 10 th February 2018

Rapid Fire Stocks - Kalpna J (Email- [email protected]) (Ring : 97690 37711) Twitter : @Kj_TechTrade

ITC Ltd. (Rs. 275.00) (Code : 500875) (F. V. : 1.00 BUY at CMP 275 - Targets - 324- 360 , Time Frame - 6 to 24 Months, SL - 235 ITC is one of India's foremost multi-business enterprise with a mark capitalisation of US $ 50 billion and a turnover of US $ 8 billion. ITC is rat among the World's Best Big Companies, Asia's 'Fab 50' and the World Most Reputable Companies by Forbes magazine and as 'India's Most A mired Company' in a survey conducted by Fortune India magazine and H Group. ITC also features as one Category No. of shares % of world's largest sustainable Foreign Inst. 2,267,020,723 18.60 value creator in the consumer Others 4,245,747,201 34.83 goods industry in a study by the Financial Inst. 3,776,939,834 30.98 Boston Consulting Group. ITC General Public 1,191,348,059 9.77 has been listed among India's NBFC & Funds 684,439,404 5.6 Most Valuable Companies by GDR 24,961,650 0.20 Business Today magazine. The Company is among India's '10 Most Valuable (Company) Brands', accor ing to a study conducted by Brand Finance and published by the Econom Times. ITC also ranks among Asia's 50 best performing companies com piled by Business Week. ITC’s aspiration to create enduring value for the nation and its stak holders is manifest in its robust portfolio of traditional and greenfield bu nesses encompassing Fast Moving Consumer Goods (FMCG), Hote Paperboards & Specialty Papers, Packaging, Agri-Business, and Inform tion Technology. This diversified presence in the businesses of tomorrow powered by a strategy to pursue multiple drivers of growth based on proven competencies, enterprise strengths and strong synergies betwe its businesses. The competitiveness of ITC’s diverse businesses rest the strong foundations of institutional strengths derived from its deep co sumer insights, cutting-edge Research & Development, differentiated pro uct development capacity, brand-building capability, world-class manufa turing infrastructure, extensive rural linkages, efficient trade marketing a distribution network and dedicated human resources. ITC’s ability to leve age internal synergies residing across its diverse businesses lends a uniq

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GROWTH ORIENTED, BUSINESS LIKE BUDGET WILL BOOST MARKET IN BIG WAY The budget was expected to be CA populist and election oriented. But keeping in view the policy normally folYamal Vyas lowed by PM Narendra Modi of not giv(Ahmedabad) ing away any resources of the govYamal Vyas ernment for free there has been a very has contributed i refined and mild populism in the budbusiness journa get. The main benefit which can prove to be a game changer in the elections ism in a big way by regularly writing column in business magazines. He is the health care provision. The Government has done the a Chartered Accountant by profe wise thing by allowing higher fiscal sion. He is regularly contributing deficit because it has not reduced the ‘Dalal Street.’ development expenditure at all and normally high fiscal deficit arises because of lower tax collection but this Ashok Leyland, Jain Irrigation year it has been because of higher Sintex Ind., Shalby Hospital development expenditure. Siemens, Kolte Patil Details of the scheme are awaited HDFC St. Life Insurance but one thing is sure that Hospitals, Rallis, Berger Paints Medical Equipment Suppliers, Insurance Companies are definitely going GMR Infra to benefit from this provision. Another sector which will surely benefit Housing. Real Estate Developers, Paints, Sanitary Ware Manufacturer Housing Finance Companies and Laminates Producers are all going benefit in a big way because of the huge provision for affordable housing the budget. The focus on agriculture will benefit the companies in ag chemicals, seeds, tractors, irrigation equipments, etc. And then assumi there is a growth in agriculture incomes the demand for FMCG and co sumer durables will also rise.

Best Budget Buys :-

Smart Picks

Rohan Nalawade

Expert in financial analysis (Mumbai ) E-mail : [email protected]

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4 th February 2018 to 10 th February 2018

Budget 2018 Views Shri A.B. Nagori is experienced banking professional & renowned Chartered Accountant He has in depth knowledge of industry trend and capital market. He has specialized in Mid Cap and Small Cap field through his research work. This budget has not come up with the expectation of people at large The negative points of the budgets are : 1) Imposing Long Term Capital Gain Tax of 10% above Rs 1 Lac witho any benefit of Index ation.How ev er ,due to gran dfather rule taxability,people can get benefit of market price of 31st Jan 2018 base price. 2) Mutual fund Dividend distribution will attract 10% Tax. 3) Tax rate for individuals has remained unchanged. 4) Education Cess has been marginally increased from 3% to 4%. Major positives in this budget are: 1) Higher allocation of expenditure for Agriculture,Education,Agro proces ing industry,HealthMedical services & infra development & higher ava ability of Gas & power. 2) Removing ambiguity regarding taxation of sale of Property is a welcom step. 3) Senior citizen benefits of deposits interest upto Rs 50000 & benefit mediclaim premium upto Rs 50000. 4) Keeping Fiscal deficit within limit of 3.3% of GDP for 2018-19. 5) Laying new railway track of 4000 Kms & redevelopment of 600 maj railway station at the expenditure of crores of Rupees. 6) Increase focus on MSME sector by providing Lower tax beinifits etc 7) Housing for all by year 2022 & increased focus on labour orient industry like textile. This budget may generate negative reaction in sh term.However, if various schemes as declared by government are pro erly implemented,the progress of nation is certain in long term.This the budget based on ensuing 2019 central elections.However,emphas is also given on industrialization & MSME sector development.Finan Minister has amicably tried to balance demands of various sectors.Th budget will benefit Infra Agroprocessing FMCG & other sectors

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4 th February 2018 to 10th February

t e k r a M y r a Prim Dilip K. Shah

In the budget, the finance minister has maintained 10% long term capital gain tax and 15% short term capital gain tax on profit of more than Rs1 lakh, exc ept fo r indexation, earned from shares. However, he has levied the 10% tax on equity mutual fund dividends. As a result, the market witnessed high volatility and on Friday, market crashed with dip of 256 points in Nifty and 840 points in Sensex. More correction is expected in coming days. The bearish outlook in the secondary market may affect the primary market and the companies planning to come up with IPOs may hold their plans. As of now, now new mainboard issue is in the market. It is believed that Kerala- base d Ast er DM Hea lthca re may com e up with Rs667.43 crore issue between Feb-

Bearish o

In a Galaxy mai

BSE NSE Mainboard S Smart Investm ruary 12 and Febru well with the health All seven issu axy Surfactants have got fully subs BSE SME IPO of els has entered in January 31. * Galaxy Surfa Listing and A issue with prices b

BSE SM Sr Company 1.

Lorenzini Apparels

Issue Open Dt. Issue size Off Issue Close Dt. (Rs. Cr.) 31-1-2018 44,70,000 Eq. 6-2-2018

(Rs. 4.47 Cr.)

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www.Chittorgarh.com Stock Broker

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Get Latest IPOs / FPOs Information Current IPO list Grey Market Premium IPO Calendar IPO Allotment Status IPO Performance Tracker Free IPO Email Alerts

Visit : http://www.chittorgarh.com It sho uld be noted that Smart I nvestment had predicted that the issue may slip into discount after getting listed. • A mbe r Ente rprise (540902) :- The issue with offer price of Rs859 got listed with 37% premium at Rs1180 and went up to Rs1263 and down to Rs1114 before closing at Rs1237.20. It closed at Rs1225.60 on Friday. Smart Investment had correctly predicted huge premiums on listing in this issue. * SME IPOs:• BSE SME IPOs: Lor enz ini A pparels :-

Galaxy IP Mor A The bud Galax on Monday It is be in Ahmeda not blocke subject too Solex came dow came dow times subs

Grey Market Premium IPOs Name

Galaxy Surf.

Offer Price (Rs.)

Premium (Rs.)

1470-1480 63 to 65 (H: 525 / L : 60)

SME IPO IPOs Name

Offer Price (Rs.)

Solex Energy 52 Shree Ram 27 to 31 Vasa Retail 30 Ashoka Met. 20 A & M Jumbo 65 Focus Suits 18 Si t 63 t 65

Subject to Suda (Confirm) (Rs.)

7500 4000 22000 6000 18000 15000 10000

Sr Comp 1. 2. 3. 4. 5.

Sinte India Mohi Healt Banka Biolo South Pinna MMP

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4 th February 2018 to 10 th February 2018

Corporate Meeting from 5th Feb. to 5-2-2018 Ace Men Engg Works Acme Resources ADOR MULTIPRODUCTS ADOR WELDING ALKYL AMINES CHEMICALS ANNA INFRASTRUCTURES Artemis Global Life Sciences ASHIANA ISPAT Aspira Pathlab ASTRAZENECA Avadh Sugar & Energy AVT NATURAL PRODUCTS BASF INDIA Blue Cloud Softech BOSCH CENTURY PLYBOARDS (I) Classic Filaments CITYMAN Cochin Shipyard COLGATE-PALMOLIVE COSMO FILMS CRAZY INFOTECH DAI-ICHI KARKARIA EVEREADY INDUSTRIES INDIA Finkurve Financial Services Funny Software Ganges Securities GORANI INDUSTRIES GREAVES COTTON GUJARAT RAFFIA INDUSTRIES GUJARAT THEMIS BIOSYN Hind Commerce HIND SYNTEX Housing and Urban IFCI IGARASHI MOTORS INDIA INCON ENGINEERS I-POWER SOLUTIONS INDIA JSW Holdings Limited JUMBO FINANCE KAKATIYA CEMENT SUGAR KARMA ENERGY KEERTHI INDUSTRIES KALYANI INVESTMENT KIRAN PRINT-PACK KALYANPUR CEMENTS KALYANI STEELS LAHOTI OVERSEAS LA OPALA RG LOYAL TEXTILE MILLS MAAN ALUMINIUM MANALI PETROCHEMICAL MCLEOD RUSSEL INDIA M.M.FORGINGS MOIL

LUPIN Magadh Sugar & Energy BANK OF MAHARASHTRA MONSANTO INDIA MORARKA FINANCE NATCO PHARMA NELCO NIKKI GLOBAL FINANCE NIRLON NOIDA TOLL BRIDGE COMPANY ORACLE FINANCIAL OMEGA INTERACTIVE Palash Securities PARLE SOFTWARE Pil Italica Lifestyle PUNJAB NATIONAL BANK PENTOKEY ORGANY (INDIA) PONDY OXIDES & CHEMICALS PRAJ INDUSTRIES PSL PUSHPSONS INDUSTRIES Radhey Trade Holding The Ramco Cements Limited RAMCO INDUSTRIES RANE HOLDINGS RURAL ELECTRIFICATION RISHABH DIGHA STEEL SHREE SALASAR INVESTMENT Shyam Century Ferrous Span Divergent Sanathnagar Enterprises Limited Shantai Industries SHANTHI GEARS SHREE GANESH ELASTOPLAST SIEMENS SIMRAN FARMS Skipper SKM EGG PRODUCTS Shri Mahalaxmi Agricultural SNL BEARINGS SPICEJET Star Cement TAINWALA CHEMICALS TAMBOLI CAPITAL TAPARIA TOOLS TASTY BITE EATABLES TATA CHEMICALS THERMAX TAMILNADU PETROPRODUCTS TWIN ROSES TRADES UNITED CREDIT VARUN MERCANTILE VINDHYA TELELINKS VJTF EDUSERVICES VKJ Infradevelopers VARDHMAN TEXTILES WHEELS INDIA

POONA DAL & OIL INDUSTRIES PRESTIGE ESTATES PROJECTS PULSAR INTERNATIONAL Purohit Construction Quick Heal Technologies Rajath Finance Limited RAMCO SYSTEMS RAM RATNA WIRES RAVALGAON SUGAR FARM Reliance Home Finance Richirich Inventures Limited ROSELABS FINANCE SACHETA METALS SAHARA ONE MEDIA SAINIK FINANCE & INDUSTRIES SAKSOFT Salasar Techno Engineering SAM INDUSTRIES Schaeffler India SHARP INDIA NARMADA GELATINES SHREE MANUFACTURING CO. SICAGEN INDIA SI CAPITAL & FINANCIAL S KUMARS.COM SOLAR INDUSTRIES INDIA SONAL ADHESIVES SONATA SOFTWARE SOURCE INDUSTRIES (INDIA) SOURCE NATURAL FOODS SOUTHERN PETROCHEMICALS SRF STERLING GUARANTY SUKHJIT STARCH & CHEMICALS SUMMIT SECURITIES SUPER SPINNING MILLS SUPERTEX INDUSTRIES SUPREME HOLDINGS SURANA INDUSTRIES SURYO FOODS & INDUSTRIES S V GLOBAL MILL TCPL PACKAGING T D POWER SYSTEMS TECHNOJET CONSULTANTS TERRAFORM MAGNUM Terraform Realstate Limited TOURISM FINANCE TORRENT POWER Trombo Extractions UFLEX UNIVERSAL CABLES VENKY'S (INDIA) VENLON ENTERPRISES VISTA PHARMACEUTICALS VOLTAS ZYDUS WELLNESS ZYLOG SYSTEMS

KOVAI Kintech KSL AN Dr. Lal P Luharu MADH MAHAV MALAB MANAK MANA MARAT Meera MERCU MFS IN MILKFO Manak Moder MODER KERS MOHIT MORGA MUKAT MULLE MUNO MUNO MUTHO Nakoda NCL RE NRC OIL COU PAGE IN PARAM TIONS Parag M PASARI PETRON P.M.TEL PORWA PRERN Presha PREM S PRESSU (INDIA) PROCA PSP Pro PTC Ind Regenc REIL EL RELIAN RELIC T RELIGA REPRO R.J.SHA STEEL A SALGUT SAMBA SARDA

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Te rr if ic S hot s

- Dilip K. Shah

Godrej Agro (Rs.584.00) (Code:540743) :- The company h recently come up with an IPO at price of Rs460. It is active in segments li animal feed, crop protection, pam oil, dairy, poultry and processed fo segments. In September quarter, the company recorded net profit Rs85.02 crore on income of Rs1425.82 crore. As against equity of Rs185. crore, the company has reserves of Rs824.55 crore. The segments which the company is active are witnessing good performance. The sto with backing of Godrej Group is in the consolidation range but it may g good return in long term. It can be considered for investment in phas manner at any correction in the prices. NBCC (Rs.219.00) (Code:534309) :- Construction and enginee ing company has bagged Rs3200 crore order for building residential cu office complex in Mumbai from Union Finance Ministry. It is also gearing for developing affordable housing projects on the surplus government lan It is also in talks with the government for developing projects on Andaman Nicobar Island. It is given priority in the government infrastructure projec Therefore, the company may get benefitted from Smart City and AMRU schemes of the government for which the government has allocated budg of Rs2.04 lakh crore. Moreover, the government has selected 99 cities f Smart City project. In September quarter, the company witnessed net sal of Rs1319.25 crore, other income of Rs35.39 crore and net profit of Rs81. crore. The investor friendly company's stock may out perform the mark Avanti Food (Rs.2345.00) (Code:512573) :- It is one of t leading sea food exporters of the country. It has joint venture with Thailan Thai Union Frozen Products PCL. It exports crabs, fish, prawns, etc. It h its units in Valsad and Andhra Pradesh. As against equity of Rs9.08 cro the company has reserves of Rs631.38 crore. The promoters hold 43.79 and public hold 56.21% stake in the company. In September quarter, t company's income increased from Rs703.23 crore to Rs854.02 crore, wh profit increased from Rs37.34 crore to Rs126.57 crore. Rs10,000 cro has been allocated to fisheries sector in the budget which may benefit t company. The stock can be bought in the poor market conditions. Apollo Hospital (Rs.1154.00) (Code:508869) :- Chennai-base Pratap Reddy promoted hospital was set up in 1983 The promoters ho

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Expert’s Eye

This Budget looks

(Continued from page 8)

(Continued from page 8)

Scrip may be considered at declined levels for medium to long term investment. It currently quotes around Rs. 567.05 against 52 week High/Low of Rs. 714/346, FV Rs.2.

Century Textiles (BSE Code: 500040) :- This flagship company of B K Birla group engaged in textiles has posted net profit of Rs. 299.78 crore on a turnover of Rs. 6232.32 crore for 3Qs of FY18 against net profit of Rs. 81.80 crore on a turnover of Rs. 6176.56 crore for the corresponding previous period. For FY 17 it earned net profit of Rs. 123.89 crore on a turnover of Rs. 8473.24 crore. As on 31.12.17 it's paid up capital of Rs. 111.69 crore is supported by free reserves of Rs. 2669 cr. plus. Scrip may be considered at declined levels for medium to long term investment. It currently quotes around Rs. 1292.90 against 52 week High/Low of Rs. 1472/865, FV Rs. 10.

HDFC Ltd. (BSE Code: 500010) :- This housing finance major having insurance, AMC subsidiaries, has (on a consolidated basis) posted net profit of Rs. 10217.75 crore on total income of Rs 47892 88

in the world, which includes bui ing 24 government medical colleg and hospitals per state to provid education for doctors, procure me cines from pharma companies, pr vide health insurance to masses. short, building a complete healthca infrastructure in the country to pr vide medical facilities to every c zen. b) If it means spending R 50L crore over a period of time o medical infrastructure, it would a tract massive investments from bo local and global investors. Mark and Inv e stor s lov e suc h dee rooted clarity as it helps attract vestments. 2) Rural Sector: a) At Rs 14.50 Lakh crore all cations, an increase of Rs 2.50 La crores over the previous year, th budget has provided for building strong rural infrastructure. This is direct invitation to India Inc. to do t business of building rural home providing electricity to villages and crore homes, supplying 8 crore ne gas connections, building 2 cro new toilets, building rural road. Th massive nation building program w lead to higher level of industrial a tivities. b) Road, Rail, Power and Tran

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Dark Horse ASTRA MICROWAVE (532493 & NSE) (108) (Face Value Rs.2) Incorporated in 1991, Hyderabad based Astra Microwave Produc Limited designs, develops, and manufactures sub-systems for RF and m crowave systems used in defense, space, meteorology, and telecommu cation applications in India. It offers transmit/receive modules for acti apertures, low power microwave sub-systems for central acquisition rad electronic beam formers for 3-D radar, microwave receivers, high power port circulators for radar applications, and limiters; data and video teleme transmitter systems, video telemetry receivers, telemetry tracking sy tems, and telemetry transmitters for missile applications; and frequen synthesizers for army applications, VHF/UHF and microwave range fron end LRUs for ground surveillance applications, and VHF/UHF and micr wave range biconical, dual-polarized antennas for use in ground surve lance applications. The company also provides ground based product including coherent frequency generators, L-band modulators, switchab routers, V/UHF T/R modules, and Ka-band indoor/outdoor units; and o board, such as C-band T/R modules, SSPA screening, power dividers, band phase shifters, power amplifiers, S-band transmitters, RISAT antenn switch matrix, Ku-band receivers and beacon sources, and C-band MM receivers for space applications. It has an equity base of just Rs.17.32crore that is supported by r serves of around Rs.435.86crore. The Promoters hold 13.14%, Mutu funds hold 28.09%, Alternative investment funds hold 2.78%, FPIs ho 2.35%, MotilalOswal Focused Growth Opportunity Fund hold 1.85%, TAT Investment hold 1.62% while the investing public holds 50.17% stake in t company. Company has reported fantastic numbers for Q3FY18. During Q3FY1 AMPL posted 143% % higher PBT & 92.52% higher PAT of Rs.16.48cro on income of Rs.86.28crore fetching an EPS of Rs.1.90 on a standalo basis. During 9MFY18, its PBT soared 50.14% & PAT soared 45.26% Rs.30.97crore from Rs.21.32crore in ...