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Buy Phoenix Mills; target of Rs 785: Motilal Oswal

Motilal Oswal is bullish on Phoenix Mills has recommended buy rating on the stock with a target price of Rs 785 in its research report dated May 16, 2019. Motilal Oswal's research report on Phoenix Mills Revenue grew 66% YoY to INR7,232m (our estimate: INR4,839m) in 4QFY19, driven by revenue recognition of INR3,170m in Kessaku, Bengaluru. EBITDA increased 74% YoY to INR3,771m (our estimate: INR2,419m), with the margin expanding 260bp YoY to 52% (our estimate: 50%). Adj. PAT grew over 100% YoY to INR1,879m, higher than our estimate of INR655m, led by profits from kessaku recognition. For FY19, revenue grew 22% to INR19.8b, EBITDA increased 28% to INR9.9b and PAT was up 97% to INR4.7b. Outlook We value PHNX’s retail assets based on the DCF-based NAV approach, assuming a cap rate of 8.5% (HSP - 8%) and a discount rate of 13.5%. We maintain Buy with a SOTP-based TP of INR785 (upside 27%). For more information Best stock advisory company in Indore 

ऑटो सेक्टर के लिए मुश्किल है राह, सिर्फ चुनिंदा शेयरों में दिख सकती है तेजी

आटो कंपनियों के लिए तेज ग्रोथ का दौर खत्म हो चुका है. इलेक्ट्रिक व्हीकल के आने से हालात में बदलाव दिख सकता है. फरवरी में ऑटो कंपनियों की बिक्री कमजोर रही. विश्लेषकों का कहना है कि शादी के सीजन और लोकसभा चुनावों से भी पैसेंजर व्हीकल की बिक्री में ज्यादा उछाल की उम्मीद नहीं है. हालांकि, मध्यम अवधि में दोपहियों की बिक्री बढ़ सकती है. ऐसे माहौल में विश्लेषकों का कहना है कि दोपहिया के मुकाबले कार बनाने वाली कंपनियों में निवेश करना बेहतर रहेगा. इसकी वजह यह है कि इसमें प्रतिस्पर्धा अपेक्षाकृत कम है. इस सेगमेंट में मारुति सुजुकी पहली पसंद है. दोपहिया कंपनियों में बजाज ऑटो पहली पसंद बनी हुई है. ज्यादातर विश्लेषकों का कहना है कि आने वाले महीनों में कमर्शियल व्हीकल सेगमेंट शेयर बाजार को निराश करता रहेगा. गाड़ियों का स्टॉक (इनवेंट्री) काफी बढ़ गया है. भारतीय रिजर्व बैंक (RBI) के ब्याज दर में कमी करने से ग्राहकों के सेंटिमेंट में ज्यादा बदलाव नहीं आया है. लोकसभा चुनाव दूसरी चिंता हैं. सेंट्रम ब्रोकिंग के अनुसार, गाड़ियों की मांग में अस्थिर जारी रहेगी. ग्रामीण इलाकों ...

Here are 16 fundamental midcap picks by Ambit Capital available at cheap valuation

“The rationale to screen the resultant list of stocks for a minimum pre-tax RoCE of at least 15 percent in FY18 is to identify firms that would at least meet the cost of capital,” said the report. After a steep correction in valuations of small and midcaps in the last one year—25 percent fall in BSE Smallcap index on P/B compared to 9 percent dip in Nifty—valuations have become attractive for some small-caps. Using a combination of top-down qualitative and quantitative parameters, Ambit Capital has identified high-quality businesses in midcaps with sound fundamentals that are trading at attractive valuations to historical averages. The brokerage house highlights 16 stocks that clear their cut-off of 15 percent RoCE, cash flow quality and growth, Piotroski’s ‘F’ score and filters on accounting and greatness. Ambit Capital arrived at a list of 16 companies that clear the filters with an average FY18 RoCE of 24 percent and 6-year cumulative CFO/EBITDA of 105 percent. Alth...

Coal India gains as Jefferies sees 44% upside on cheap valuations

The stock price fell 26 percent in the last 6 months on volume growth concerns. Hence, the valuation appears cheap at current levels, Jefferies said. Coal India shares gained nearly a percent intraday Tuesday after global brokerage house Jefferies has a buy rating on the stock with a price target at Rs 309, implying a 44 percent potential upside from November 25's levels. The stock price fell 26 percent in the last 6 months on volume growth concerns. Hence, the valuation appears cheap at current levels, it said. Now the resolution of short term disruptions and recent environment clearance approval could lift volume growth, according to the brokerage house which beliefs with power plant coal stocks normalizing, e-auction mix should improve. Operating leverage gains should keep costs stable, it said. At 11:41 hours IST, the stock was quoting at Rs 215.15, up Rs 0.70, or 0.33 percent on the BSE. For more trading tips find  top 10 stock advisor...

1 शेयर बेचकर कमाए थे 900 करोड़ इनसे सीखें पैसे बनाने की टिप्‍स

हर कोई पैसा कमाना चाहता है इसके लिए लोग कई तरह की स्‍ट्रैटजी भी अपनाते हैं लेकिन सही स्‍ट्रैटजी को अपनाना हर कोई नहीं जानता हैं। मार्केट में कई ऐसे बिजनेस मैन हैं जिनके एक फैसले से न सिर्फ उन्‍हें बल्कि उनको फॉलो करने वाले लोगों को भी लाखों करोड़ों रुपए की इनकम हो सकती है। आप भी ऐसे लोगों की स्‍ट्रैटजी को फॉलो करके अपना फायदा कर सकते हैं। यहां पर हम बात कर रहे हैं राकेश झुनझुनवाला की जिसे की भारत का वॉरेन बफे कहा जाता है। राकेश झुनझुनवाला राकेश झुनझुनवाला भारत के निवेशक एवं शेयर व्‍यापारी हैं। ये पेशे से चार्टेड अकाउंटेंट हैं और इनकी कंपनी का नाम रेयर इंटरप्राइजेज है। राकेश एक प्रमुख निवेशक के तौर पर भी जाने जाते हैं। निवेशकों को करना होगा फॉलो भारत के बाजार में कुछ ऐसे निवेशक हैं जिन्‍होंने मात्र कुछ हजार रुपए से शुरुआत की थी लेकिन आज वो भारत के ऑप अमीरों में शामिल हो चुके हैं। इनकी खास बात है कि जिस कंपनी में भी ये अपने पैसे निवेश करते हैं उन कंपनियों के शेयरों में अच्‍छी कमाई देखी जाती है। यानी अगर इनके निवेश करने के बाद आम निवेशक उस कंपनी में निवेश करता है तो वह भी ...

Undertone for prices of spices bearish; technical bounce back possible

After a significant fall, a technical bounce cannot be ruled out, but the undertone for the spice complex remains bearish amid the peak arrival period ahead. Harvesting of rabi crops has sped up this month and arrival pressures (at mandis) are building gradually across market yards in India. Accordingly, prices of many rabi commodities have plunged citing pressure during the peak arrival period (March-April). Spices, in particular, have been trending lower for the past one month with turmeric losing around 7% while the falls in jeera and coriander were off 10-12%. Harvesting of jeera has been delayed due to late sowing. Arrivals in February may be around 1-1.25 lakh bags (1 bag=55kg) this season compared to approximately 4 lakh bags in the corresponding period last year. Despite lower arrivals, we don't see any upswing in prices considering that stocks are adequate. Physical stocks of jeera in markets are much higher than last year. Meanwhile, the per-hectare...

Brokerage Calls: Nomura positive on corporate banks, CLSA raises target for Shree Cements

Nomura said it has a Buy rating on ICICI Bank, Axis Bank and State Bank of India We have collated a list of recommendations from various global brokerage firms for February 21. L&T | Brokerage: Morgan Stanley | Rating: Overweight | Target: Rs 1,786 L&T's Q4 orders are tracking well, according to Morgan Stanley. "Guidance implies inflows of Rs 49,000 crore in Q4. Order inflows ex-services are at Rs 41,300 crore," the brokerage said in a research note. Dr . Reddy's Laboratories   | Brokerage: Morgan Stanley | Rating: Overweight| Target: Rs 3,197 The company remains at a risk because of the underlying court case, Morgan Stanley said. Gujarat State Petronet | Brokerage: HSBC | Rating: Reduce | Target: Rs 138 The brokerage slashed the stock's target price to Rs 138 from Rs 152, keeping the Reduce rating."The decline in gas volumes may lead to reduced profitability next year," HSBC said. Nomura on Banks Nomura said it has...

India's fuel demand rose 6.4% year-on-year in January

Consumption of fuel, a proxy for oil demand, totaled 18.34 million tonnes, data from the Petroleum Planning and Analysis Cell of the oil ministry showed. India's fuel demand rose 6.4 percent in January compared with the same month last year. Consumption of fuel, a proxy for oil demand, totaled 18.34 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Sales of gasoline, or petrol, were 13.2 percent higher from a year earlier at 2.37 million tonnes. Cooking gas or liquefied petroleum gas (LPG) sales increased by 11.0 percent to 2.31 million tonnes, while naphtha sales fell 1.2 percent to 1.26 million tonnes. Sales of bitumen, used for making roads, were 15.1 percent up, while fuel oil use edged unchanged in January. For more trading tips find  top 10 stock advisory company Indore

SEBI may allow mutual funds & PMS in commodities at March board meet; indices too on cards

SEBI may also give its consent to indices in the commodities market The Securities and Exchange Board of India (SEBI) may allow mutual funds and portfolio management services (PMS) in the commodities market at its upcoming board meet scheduled for the second week of March. The markets regulator has almost finalized regulations for their entry as a new participant. A source close to the development told Moneycontrol that SEBI has already amended its custodian regulation so that they can hold warehouse receipt as collateral. “But even after that regulator tried to allay all concerns raised by custodians, they remained unconvinced and refused to take responsibility of underlying assets, which is lying at warehouses, especially keeping in mind the National Spot Exchange fiasco,” the source added. In 2013, NSEL defaulted as there were no commodities present as per that mentioned in its books. However, SEBI and exchanges highlighted the various regulatory changes undertaken ...

शेयर बाजार का बादशाह राकेश झुनझुनवाला

शेयर्स मार्केट में इन्वेस्टमेंट करने से लोग अक्सर डरते है। बहुत से लोगो ऐसा मानते है की शेयर्स मार्केट(Stock Market) ऐसा क्षेत्र है जहा लोग अपना पैसा बर्बाद कर देते है। पर इसी भारतीय सोच को दूर कर कुछ लोग इस क्षेत्र में पैसो के साथ बहुत बड़ा नाम कमा रहे है, इनमे से एक है। – राकेश झुनझुनवाला जो लोग इन्वेस्टमेंट या शेयर बाज़ार की दुनिया से वाकिफ है वह इस नाम को बखुब ही जानते होंगे। राकेश झुनझुनवाला शेयर बाजार में काफी सालो से काम कर रहें है और इस क्षेत्र में उनका नाम बहुत आदर से लिया जाता है। काफी कम पैसो से उन्होंने अपने करियर की शुरवात की थी और कुछ सालो में अपनी अप्पर मेहनत और असामान्य बुद्धिमत्ता से बहुत बड़ा व्यापर खड़ा किया। और आज उन्हें शेयर बाजार में काम करने वाले लोग अपना गुरु मानते है। राकेश झुनझुनवाला को अक्सर Indian   Warren Buffet  (वारेन बुफे) भी माना जाता है। राकेश झुनझुनवाला एक भारतीय निवेशक और व्यापारी है। उन्होंने चार्टर्ड अकाउंटेंट की पढाई की है। और उनकी कंपनी रेयर एंटरप्राइज को एक सहयोगी की तरह संभाल कर रखा है। उनके investment जगत के ज्ञान...

Gold range bound as dollar caps gains; investors eye trade talks

Investors are also awaiting further developments from ongoing U.S.-China trade talks before making any big moves. Gold traded in a tight $3 range on Friday as concerns over an economic slowdown supported prices for the safe-haven metal and a firm dollar kept a lid on gains. Investors are also awaiting further developments from ongoing U.S.-China trade talks before making any big moves. Spot gold was steady at $1,312.56 per ounce as of 0419 GMT, while U.S. gold futures were up 0.1 percent at $1,315.40. "Uncertainties around Brexit and trade talks and strengthening of the dollar are capping gold prices," said Brian Lan, managing director at dealer GoldSilver Central in Singapore. "Until there is a resolution to these global concerns we might see gold prices range-bound between $1,305 and $1,326." The dollar measured against six of its peers was up 0.1 percent at 97.04, after weakening by 0.12 percent in the previous session. Two White Hous...

PNB Gilts rises 15% as co posted profit in Q3

Revenue was up at Rs 202 crore against Rs 44 crore. PNB Gilts shares rose 16 percent intraday Thursday after the company reported a net profit in the quarter ended December 2018. It has posted a profit of Rs 93.3 crore in Q3FY19 against loss of Rs 36 crore, YoY. Revenue was up at Rs 202 crore against Rs 44 crore. The share touched its 52-week high Rs 40.40 and 52-week low Rs 24.00 on 09 April 2018 and 01 October 2018, respectively. Currently, it is trading 24.38 percent below its 52-week high and 27.29 percent above its 52-week low. At 14:30 hrs PNB Gilts was quoting at Rs 32.65, up Rs 3.30, or 11.24 percent on the BSE. Do something different, now what? You can find  Best Stock Market Advisory in Indore  for daily share market recommendations.

Gold shines as concerns over global slowdown grow; likely to touch $1,350/oz: Reliance Commodities

Concerns over US-China trade war, a slowdown in global economic activity and buying from central bank augurs well for the yellow metal. Gold prices are likely to touch $1,350 in the medium term. Do something different, now what? You can find  Best Stock Market Advisory in Indore  for daily share market recommendations. Concerns over US-China trade war, a slowdown in global economic activity and buying from central bank augurs well for the yellow metal. Gold prices are likely to touch $1,350 in the medium term For the past few sessions, there has been a small rally in the metal and energy prices. In normal circumstance, this upswing could be construed as a revival in demand and improvement in economic sentiment. Given the current state of the world economy, one must have their risk assessment hats firmly placed on their heads. The markets at large have been reacting to events rather than fundamentals. Big geopolitical events, unfortunately, have been re...

Buy Music Broadcast; target of Rs 402: HDFC Securities

HDFC Securities is bullish on Music Broadcast has recommended buy rating on the stock with a target price of Rs 402 in its research report dated January 29, 2019. HDFC Securities' research report on  Music Broadcast Music Broadcast Ltd’s (MBL) 3QFY19’s revenue /EBITDA/PAT grew by 14/22.6/38% YoY on a low base, in-line with our estimates. The growth recovery was driven by an 11% rate hike in the legacy markets, festive advertising, and contribution from the Govt, ECom & Auto sectors. Revenue growth guidance of 12- 14% remains intact on the back of recovering the economy and political spends. Outlook We like MBL owing to its superior execution, focus on geographic than multi-frequency expansion, healthy balance sheet (~Rs 2bn net cash), return ratios and cash flows. Reiterate BUY with a revised TP of Rs 402 (25x Dec-20E FCFE/sh). For more trading tips find  top 10 stock advisory company Indore