Friday, 3 November 2017

Monthly Portfolio November-2017




Ambuja Cements Limited

Buy

Entry: 285

TGT: 299.25-304.95

SL: 273.6


        AmbujaCements Limited  company is planning to expand its capacity to 34 MTPA by 2018. Ambuja Cement holds about a 50% stake in ACC. LafargeHolcim, the largest cement manufacturer in the world, holds about 63.11% stake in Ambuja Cement. For the quarter ended 30-09-2017, the company has reported a net profit of Rs. 272.42 Cr, which is 10% more than the corresponding quarter in 2016.


Jindal Steel and Power Limited

Buy

Entry : 165

TGT: 180.1 -  183.34

SL: 155.52

Jindal Steel and Power Ltd (JSPL)  company reported a higher revenue at Rs. 22696 Cr in 2016-17, compared to Rs. 20368 Cr in 2015-16, an increase of 11%. During FY 2016-17 JSPL registered the highest ever steel production of 4.8 MT and recorded over 223% growth in exports 3466.98 Cr in FY17 against 1072.38 Cr in FY 2015-16


CG Power and Industrial Solutions

Buy

Entry : 88

TGT: 92.4 - 94.16

SL: 84.48

CG Power and Industrial Solutions For the FY 2016-17 the company reported a 8.4% rise in total revenue of Rs.6188.45 cr against Rs 5706.44 Cr in the corresponding previous FY 2015-16.


Bharat Heavy Electricals Limited

Buy

Entry: 99

TGT: 107 - 109.93

SL: 95.04


BHEL-built thermal power generating sets generated an all-time high 549 Billion Units of electricity which was 58.2% of the total thermal power generated in the country.BHEL manufactured power plants nearing 10,000 MW. For the FY 2016-17 the company reported a Net Profit of Rs.126.48 cr against Rs -781 Cr loss in the corresponding previous FY 15-16

Apollo Tyres Ltd

Buy

Entry : 242

TGT: 254.1 - 258.94

SL: 232.32

The company entered into an strategic alliance Michelin, France for setting up a joint venture company namely Michelin Apollo Tyres Pvt Ltd for producing dual branded truck & bus radial tyres in India. The year ended in March 2017, Company reported a 10.27% hike in Sales from Rs. 12742.86 Cr to Rs. 14052.88 Cr.

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Buy Silver 02.03.2022

*SilverMic Buy @67970*   *Target1* 68388  *Target2* 68630  *Target3* 69242  *SL* 67762