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Review on 1 stocks recommended in past.

 Technical Analysis of 1 Stock (with 15 days horizon).

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Markets players were caught by a pleasant surprise by scintillating rally during the latter part of the last week as the markets rose from the ashes like a phoenix. This action is a good illustration of something that Doug Kass says so often, which is that the market has no memory from day-to-day.

Thomas Cook (India) has launched Home Collection Services for its Visa Business. Shares of the company closed in green.

Setco Automotive claims to have managed a resilient performance in Q1FY20. But the market is unable to digest this claim and the stock fell 4 per cent on Wednesday.

Sun Pharmaceuticals Industries Limited has entered into a global licensing agreement with the CSIR Indian Institute of Chemical Technology, Hyderabad (CSIR-IICT), for patents related to certain compounds with potential therapeutic activity across multiple indications in Sun Pharma’s specialty focus areas.

Roll of Honour

The benchmark indices regain their vigour. Nifty reclaimed 11,000 level. The BSE Sensex closed at 37,311.53, up by 353.37 points or 0.96 per cent on Wednesday, while Nifty ended at 11,029.40, up by 103.55 points or 0.95 per cent.

I would highlight [a] intelligent capital allocation to support growth across our businesses, [b] operating strong corporate governance practices and [c] analytics-driven sharp business insights as my three main strategic priorities. There will be several aspects of technology, investment in talent and creating strong centres of excellence as well which will take my time and bandwidth. However, eventually the goal will be to deliver sustainable shareholder value. 

CFO should focus on bottomline growth, besides topline growth. Risk mitigation is another major role of CFO in the company. We at Kewal Kiran have always focused on profitable and healthy growth. Focus on cash flows of the company is another major factor in retail business as business needs strong balance sheet to support the growth in the long run. In the changing times, CFOs are also a part of talent strategy and talent building to achieve goals of the company. 

Satin Creditcare, along-with its three wholly-owned subsidiaries, is becoming a differentiated financial services group serving the unserved/underserved. Besides microfinance, the company is venturing into financing affordable housing, MSMEs, cross-selling, digital lending through “LoanDost” and business corresponding services. In today’s challenging external environment for financial services, the three main strategic priorities are as under: 

Avenue Supermarts Ltd. conducts business operations under the brand name D-Mart. It is a chain of hypermarket stores founded by Radhakishan Damani in 2002. The company was listed in March 2017. Brands such as D-Mart Minimax, D-Mart Premia, D-Homes, Dutch Harbour, etc are owned and operated by Avenue Supermarts. The company aims to be the lowest price retailer in its area of operations.

Steel Strip Wheels Limited has received exports order worth Rs. 17 crore from the Western Hemisphere market.

As the CFO of GHCL, I do realise the tremendous responsibility I have of spurring the organisation’s growth as well ensuring that we take well thought out spending and investment decisions, ensure optimum ROI, and governance to keep our stakeholders satisfied. 

Shri Sanjay Upadhyay is an Associate Member of the Institute of Cost Accountants of India. He is also a Fellow Member of the Institute of Company Secretaries of India. He has completed an Advanced Management Programme from Wharton, USA. He has vast experience in the areas of Finance, Accounts, Commercial and Secretarial Functions. He is associated with the Company since 1994. 

Increase in ROE can be caused by many of the factors like higher profit margins, higher capital turnover, higher financial cost ratio, higher financial structure ratio and, lastly, due to change in tax structures.Since shareholders are interested in return on the money they have invested, they should prefer to invest in stocks with higher ROE.

The stock of Linde India was buzzing on Wednesday as the company divested its industrial gases business in the southern part of India after the divestment was approved by the Competition Commission of India.

We will be focusing on following business aspects for growth in coming years: 

I am an individual having HUF. The annual income of HUF is around Rs.10 lakh. The HUF has paid life insurance premium on behalf of the members of family. Can HUF get deduction under section 80C of the Income Tax Act and what is the maximum ceiling?

Arranging requisite resources for the various expansion projects. CFO involvement in organising timely resources has a large role to play in the expansion and growth of the company globally and lead to better outcomes for organization-wide performance improvements. 

Mr. V R Jain is Chartered Accountant and Company Secretary. He is an Honours Graduate in Commerce and was awarded Gold Medal by University of Jodhpur. He has rich experience of more than three decades in the field of Financial Management, Business Support, Financial Planning & Analysis and Controls & Compliances and worked with reputed Groups prior to joining Himachal Futuristic Communications Ltd (HFCL). 

Nifty needs to close above 11167 to gain positive strength 

The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation

Following stocks are close to their 52-weeks low as at 12:43 p.m. on August 14, 2019.

In this edition, we have reviewed CCL Products (India) Ltd and Indian Hotels Co. Ltd . We suggest our readerinvestors to HOLD in CCL Products (India) Ltd and Indian Hotels Co. Ltd.

Keeping in view the highly competitive and dynamic business environment, top three priorities will be to act as part of strategic think tank in the organisation for identifying key business growth drivers for creating profit growth opportunities by playing a role of key partner with the top management team 

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations

The markets on August 14, 2019 opened gap down. BSE Sensex is trading at 37,334.58, up by 376.42 points and the Nifty is trading at 11,031.45, up by 105.60 points. 

QueryBoard

Cyient’s vision to “apply technology imaginatively to solve problems that matter” focuses on helping our clients solve key business and technological challenges that have a larger societal impact. To achieve this vision, we implemented the S3 (Services, Systems, Solutions) strategy, which focuses on building our capabilities and providing greater ownership and accountability across the product life cycle, as well as expanding our offerings across the value continuum from services to solutions. 

This section gives a recommendation of a stock having stock price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

This column gives you scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year.

Modi 1.0 has been really good for us as his focus areas were: Road construction (urban and rural roads), housing, Make in India (defence), exports, reduction in coal imports and power for all. We expect these areas to get further momentum in Modi 2.0 and will give boost to the growth of our company. 

Why Sell Quality Stocks When You Can Simply Hedge?

Often wealth is eroded when market corrects. Investors panic and explore various options at the last moment. Karan Bhojwani along with Yogesh Supekar explain that a simple and consistent equity portfolio hedging strategy could be the panacea for mitigating risks in portfolio management during market downturns.

Finance Minister Nirmala Sitharaman is trying to undo the harm done by the proposal of enhanced surcharge on FPIs. The minister is discussing the issue with representatives of investment banks, FPIs and the mutual fund industry.

The role of CFO has evolved over the years from a role of just preparing financials and containing costs, it has now become more strategic to support organisation stay ahead of the competition. In recent times, with all-round vulnerabilities and internal and external business complexities, the board now sees CFO as an able partner to the CEO in steering the organisation towards long term sustainable growth and profitability. 

Ahluwalia Contracts India Limited has secured new order worth Rs. 168 crore for construction of modern flower market, agent shops, cold storage facility including water supply, electrical, plumbing and firefighting services and other works at IFC Gazipur.

DSIJ MF Ranking - Databank of top-ranked equity funds based on DSIJ's proprietary research methodology.

Retirement is an important goal and hence it should be given its due in your investment process. However, despite realizing the importance of this goal, many of us end up ignoring it either by compromising on returns or by not planning investments properly.

As modern-day business paradigms change swiftly, so does the role of a CFO, from being function-oriented to strategy-oriented today. The DNA of the CFO now embodies thorough understanding of the businesses, the strategies as also its competencies and capabilities. 

Following strong results for Q1FY20, shares of Apollo Hospitals Enterprise hit a fresh 52-week high at Rs. 1,444.00 on Wednesday and were trading higher by more than 4 per cent at Rs. 1,382.00.

Readers are requested to send only one query at a time so that more readers get a chance. Have questions relating to any aspect of personal finance. Ask DSIJ at editorial@DSIJ.in and get your queries resolved.

My first priority is right allocation of capital so we can generate minimum 20% ROC. My second priority is to improve the working capital cycle so that we have additional working capital available for growth. My third priority is to keep the company's leverage low (not zero) to maximise return on equity (ROE) with low risk as debt cost is very low for us compared to the return on investment we generate today (20% plus ROC). 

There are different types of investors. Some investors believe in taking risks and, as a result, they prefer investing in equities. Their reasoning is that the more the risk you take, the more returns you get and hence, equity becomes their first choice.

This is our mutual fund recommendation. Every fortnight , we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same. 

Digitisation has helped us transform the customer experience and engagement massively. Definitely our operational and business processes have improved owing to digitisation. The best part of using technology and being digitised is that it helps improve the decision making and that is an invaluable asset. 

Post-retirement financial planning is crucial for providing an individual with a secure future while maintaining a comfortable standard of living. However, people often under-estimate the corpus required post-retirement and overestimate the existing savings and investments.

Our strategic priority is to enhance corporate value by investing in the right businesses, communicating transparently and maintaining high corporate governance - all of which, we expect, will add value to shareholders. 

Value investing is something which is adopted by many successful investors like Warren Buffett and this is the style of investing which is adopted by value funds as well. DSIJ evaluates and explains value funds as a sub-category of equity scheme and what should be your approach towards them.

Leading pharmaceutical major lost more than 5 per cent in early trade on Wednesday following reports that USFDA has issued a Complete Response Letter with regards to the generic Nuvaring.

Besides being zero tolerant to the adherence of accounting norms, auditing stipulations and taxation laws, growth comes in the forefront where finance becomes integral to the executive management team looking after capital markets and funding, the strategies taking the priorities are

I have recently begun reading your magazine and find it very illuminating. After learning about the continuous underperformance of India, I want to ask whether you think that the Indian economy, given the macroeconomic situation, is headed towards the recession phase?

A slowing economy needs a stimulus from the government. The stimulus also needs to be fast and urgent. Globally, the trade war forebodings are impacting the investors’ confidence. Also, the race to reach the bottom (interest rates) by the central banks in the western world signals serious concerns on economic growth front.

Overall volumes in futures & options currently stand at 2,08,59,867 contracts with a turnover of Rs.13,64,009.54 crore.

Overall volumes in futures & options currently stand at 2,08,59,867 contracts with a turnover of Rs.13,64,009.54 crore.

I appreciate the candid remarks about investment cum insurance policy in your cover story.

The world of mutual fund investment is broadly spread between two styles, value and growth. There are other types that lie in-between. The battle between these two broad categories of investments has been on for years.

CFO – Chief Financial Officers of corporate India have had a tough FY19. The majority of the CFOs we interacted with for this issue however are optimistic on the growth outlook for FY20, even as the impending clash between the two superpowers of the world threaten to slowdown the growth of the global economy. CFOs agree that the trade war triggers have impacted the business sentiment more than anything else; however, a majority of them remain bullish on the economic undercurrents of India. 

Gold is the talk of the town this monsoon season. Geyatee Deshpande identifies factors driving the gold prices higher and advises being cautious despite gold being in the bullish territory. Read on…

Nifty needs to sustain above its crucial 10,800 mark to keep the pullback option open. On the upside, the level of 10,980-11,040 is likely to act as immediate resistance. Stocks in news: Infosys, TCS, Anuh Pharma, Concor.

Going by the early indication of SGX Nifty, the markets may open the session on a flat note with a positive bias.

The following stocks would be in focus during Wednesday’s trading session in light of their results announcement: Ahluwalia Contracts, Deepak Fertilisers, Edelweiss Financial Services, Everready Industries and GMM Pfaudler.

The shares of the company closed at Rs 437.55, up by 3.71 per cent on back of robust financials.

Despite a spectacular run-up by Reliance, the benchmark index BSE Sensex closed down at 36,958.16, down by 623.75 points or 1.66 per cent on Tuesday. The Nifty50 closed at 10,925.85, down by 183.80 points or 1.65 per cent.

Unichem Laboratories on Tuesday informed the bourses that it has received ANDA approval from the United States Food and Drug Administration (USFDA) for Unichem's Tramadol Hydrochloride Tablets.

The stocks to watch out on August 14 include Manappuram Finance Limited, Sun Pharma, Wipro, Container Corporation and Reliance Industries.

With the benchmark indices witnessing another session of heavy sell-off, Yes Bank was the biggest loser on Tuesday. Shares of Yes Bank hit a fresh 52-week low of Rs. 72.85 and closed at Rs. 73.60 per share, down by 10.35 per cent on BSE.

It is really important to focus on personal finance and not just on financial planning. Here are some personal finance tips of all time.

Gayatri Projects (GPL) in its exchange filing said that the company along with its joint venture partner IL&FS Engineering & Construction has won an arbitration claim of worth Rs. 914.3 crore for the Nagaland project. 

Torrent Pharma has received a communication from the USFDA classifying the inspection conducted at its Indrad facility as official action initiated (OAI), on Monday.

Leading adhesive manufacturer Pidilite Industries entered joint ventures with Spanish and Italian firms for a range of products and utilities.

The markets on August 13, 2019 opened gap down. BSE Sensex is trading at 37,386.31, down by 195.60 points and the Nifty is trading at 11,058.35, down by 51.30 points. 

Alembic Pharma has received two approvals from the US Food & Drug Administration (USFDA) for Dorzolamide Hydrochloride Ophthalmic Solution USP, 2% and also for Fenofibrate Tablets USP, 48 mg and 145 mg. Despite this development, the stock of the company was down by 2.22 per cent.

Shares of Dilip Buildcon soared high as over 2 per cent intraday on Tuesday on the back of the new project bagged by the company.

Reliance Industries' (RIL) AGM on Monday brought cheers to its shareholders and customers, but on the flip side, it was painful for stocks like PVR and Inox, which tanked nearly 10 per cent and 8 per cent, respectively.

Overall volumes in futures & options currently stand at 1,30,42,820 contracts with a turnover of Rs.8,68,187.66 crore.

Overall volumes in futures & options currently stand at 1,30,42,820 contracts with a turnover of Rs.8,68,187.66 crore.

Technically, we need to wait till Nifty closes above the 200-DMA (11167) to gain positive strength. A close above the 200-DMA will open up for an upmove towards the level of 11,245, followed by 11,350. On the downside, the level of 10,980 level can be seen as a support level. Stocks in news: Bharti Airtel, Reliance Industries, SMS Pharmaceuticals, Sonata Software, Torrent Pharmaceuticals, Praj Industries, AIA Engineering, IRB Infrastructure, Indoco Remedies.

At the time of writing, SGX Nifty was higher by 27 points at the 11,117 mark.

CSB Bank Limited which is based in Kerala along with having presence in Tamil Nadu, Karnataka and Maharashtra has filed its DRHP with SEBI.

United States Food Administration (USFDA) conducted an inspection at Natco Pharma’s facility located in Mekaguda Village near Hyderabad. Post completion of the inspection, USFDA issued six observations.

Reliance Jio Infocomm Limited (Jio) which is a subsidiary of Reliance Industries Limited and Microsoft Corp have formed a strategic relationship with the aim of accelerating digital transformation in the Indian economy and society.

The stock of Orient Electric has given downward sloping trendline breakout on weekly scale.

Sun Pharmaceutical Industries was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Unichem Laboratories has announced that the company has received USFDA approval for Chlorthalidone tablets. The product will be commercialised from Unichem's Ghaziabad plant.

The stock of Muthoot Finance has given downward sloping trendline breakout formed by connecting swing highs from June 2019.

Reliance Industries' Chairman Mukesh Ambani announced the launch of Jio Gigafiber services from September 5. The base plans offers internet speed 100 mbps at Rs. 700 per month.

Like any other professionals like doctor, lawyer, etc. there are certain things that you should avoid hiding from your financial planner. What are they? Let’s find out.

Saudi Aramco and Reliance Industries Limited (RIL) have agreed to a non-binding Letter of Intent (LoI).

If you are yet to file your returns just because the deadline was extended, you are not alone due to the ease of filing returns online many taxpayers are delaying this customary task. This week has a lot of holidays, you can file the returns right away and avoid last moment errors.

New Fund Offers (NFOs) that are open for subscription.

The stock to watch out on August 13 includes Tata Consultancy, Strides Pharma, Cadila, Varroc Engineering and GAIL.

The following stocks would be in focus during Tuesday’s trading session in light of their results announcement: Balkrishna Industriess, Chambal Fertilizers, Divis Lab, Graphite India and Motherson Sumi.

The stock of Marico has given symmetrical triangle breakout on the weekly time frame.

The stock of Kansai Nerolac Paints has given downward sloping trendline breakout formed by connecting swing highs from January 2018.

The stock of Aurobindo Pharma has given a bounce from the edge of the upward sloping trendline support formed by joining swing lows form June 2017.

The stock of Apollo Tyres has formed a piercing line candlestick pattern on the weekly scale.