Dedicated Excel Sheet for https://www.screener.in

Successfully created a Fundamental Analysis Excel Sheet for Stocks traded at NSE / BSE & uploadable at https://www.screener.in

The new features are mostly used by Equity Research firms in fundamental analysis of stocks.

1.       Earning Quality

2.       Capital Expenditure Ratio

3.       Price / FCF

4.       FCF/Share

5.       Free Cash Flow

Investors can reach us at mail@niftynext.com  to in-rich his / her fundamental analysis skill.

Tamil Nadu Petro Products Ltd (TNPETRO )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

TNPETRO  closes at ₹ 50.50  with a   gain     of   +13.20 %  on    12 April 2017   with formation of  a  Long  Green    Candle    on Daily  Price Chart. Technically,  TNPETRO has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.
We Recommend to  BUY /Accumulate  TNPETRO Ltd Ltd at CMP   
Target : ₹75-80
Stop: Loss :₹45
Time Frame: : 30 Days
*Financials : https://www.screener.in/company/TNPETRO/
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Disclaimer : We are going to take exposure shortly.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Cimmco Ltd (CIMMCO )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Cimmco Ltd   closes at  `73.50     with a   gain     of   +20.00 %  on    23  March   2017   with formation of  a  Long  Green    Candle    on Daily  Price Chart. Technically,  Cimmco Ltd   has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.

We Recommend to  BUY /Accumulate  Cimmco Ltd   Ltd Ltd at CMP    .

Target : ``103/200

Stop: Loss : `Nil

Time Frame: 6-18 Months

 • Cimmco Ltd   has entered into is  a  Multibagger pattern on Charts.

Financials : http://www.screener.in/company/CIMMCO/

Disclaimer : We are going to take exposure shortly.

You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

NIFTY NEXT: Some Short Term Picks

1.511413 (CREST)
2.539331 (VETO)
3.500314 (ORIENT HOTEL)
4.509220 (PTL LTD)
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Tara Jewels Ltd(TARAJEWELS )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Tara Jewels Ltd closes at  ` 39.35     with a   gain     of   +1.70 %  on    17  March   2017   with formation of  a  Small Green    Candle    on Daily  Price Chart. Technically,  Tara Jewels Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.

We Recommend to  BUY /Accumulate  Tara Jewels Ltd Ltd Ltd at CMP    .

Target : `44/85

Stop: Loss : ` Nil

Time Frame: 6-12 Months

 • Tara Jewels Ltd has entered into is  a  Multibagger pattern on Charts.

Financials : http://www.screener.in/company/TARAJEWELS/

Disclaimer : We are going to take exposure shortly.

You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Ujaas Energy Ltd (UJAAS )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Ujaas Energy Ltd  closes at  ` 34.45    with a   fall      of   - 2.30 %  on    17  March   2017   with formation of  a  Small Red    Candle    on Daily  Price Chart. Technically,  Ujaas Energy Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.

We Recommend to  BUY /Accumulate  Ujaas Energy Ltd Ltd Ltd at CMP    .

Target : `48/62

Stop: Loss : ` Nil

Time Frame: 6-12 Months

 • Ujaas Energy Ltd  has entered into is  a  Multibagger pattern on Charts.

Financials : http://www.screener.in/company/UJAAS/

Disclaimer : We are going to take exposure shortly.

Shankara Building Products IPO Analysis

About the Issue
The company offer comprises of fresh issue of shares and offer for sale to raise around Rs 350 crore. The company is going to raise Rs 45 crore through fresh issue, while the balance amount will be raised through offer for sale of 6521740 equity shares of face value of Rs 10 per share. The issue will remain open from March 22, 2017 to March 24,2017 with a price band of Rs 440-460 per share. The company promoters and PE investor Fairwind will raise through OFS.   
 
Purpose of the IPO
The company plans to utilise net proceeds from this offer for prepayments or repayments of own and its subsidiary Vishal Precious Steel Tubes and Strips Pvt. Ltd's (VPSPL) debt. The company also proposes to use these funds for undertaking existing activities and for general corporate purposes. The company expects to improve its brand image through listing on the stock exchange. The company will not get any get benefit from OFS.
 
Industry outlook
India is ranked as the seventh largest economy in the world with GDP growth of 7.1%, which is expected to grow to 7.9% in FY17. The per capita income is also increasing at a healthy rate of 7.3% over FY15-16. This trend is expected to continue as government is planning to implement 7th Pay Commission.
 
Housing industry is likely to grow due to rapid urbanisation, government push for affordable housing and other infrastructure-related incentives. We can see growth in demand for players in housing industry. Many government schemes such as Pradhan Mantri Awaas Yogana and Smart Cities project would push the demand in this sector. The company's subsidiary in financing housing sector will eventually drive the growth in this sector.

Company outlook
The company is a leading organised retailer of home improvement and building products which have presence across 10 states of India. Its major customer base comprises of home owners, professional customers like architect and contractors; and small enterprises spread in urban and semi-urban markets. The company has 100 retail counters spread across the country providing wide range of products like structural steel, cement, TMT bars, hallow blocks, roofing solutions, solar heaters, sanitary wares, etc. It has good third party brands such as Sintex, Uttam Galva, APL Apollo, etc. The company has strong logistics capabilities, supply chain network and in-house warehousing facility. The company has acquired CRIPL and VPSPL which provide backward integration to its product line and help in business operations and value chain. It has increased its brand equity and marketability with increase in number of stores named "Shakara BuildPro "

The company has wide range of logistic network, i.e. 58 warehouses of total size of 0.58 million sq.ft. and 47 fleet of truck. In enterprise network, the company serves large end-users, contractors, OEM's projects, etc. Retail customers have a major contribution of 39.68% in its total sales. The company's revenue increased at CAGR of 8.38% over FY12-16, while, EBITDA grew at CAGR of 11.34% over FY12-16 and PAT grew at CAGR of 7.94% over the same period.
 
Management
The company enjoys strong parentage from experienced and qualified management. Sukumar Srinivas, MD of the company; is Alumnus of IIMA with 33 years’ experience in building product industry, and has also been associated as President of Karnataka Pipes Dealer's Association. His vast experience and position has helped the company spread its network in the southern region.
 
Financial Performance

Revenue has been growing at CAGR of 8.38% over FY12-16. In FY16, the company's revenue grew by 3.46% as compared to FY15, which has shown slower growth rate as compared to previous years. Its EBITDA has been growing at CAGR of 11.34% in FY12-16. PAT has been growing at CAGR of 7.94% in FY12-16. The company delivered RONW of 14.31% in FY16. As we can see from financials, revenue growth is decreasing from 2012-16, affecting the growth in EBITDA and bottomline which ultimately affected earning per share of the company.
 
Peer Comparison and Valuation
Since there are no listed peers in the same line of business and operations, we cannot do peer comparison of the company. 
We valued company at the upper price band of Rs.460, which gives P/E of 88.80x with EPS Rs.5.18, which is overvalued. Considering slower growth rate and higher valuation of the company, we recommend our investors to avoid subscribing in this IPO.  

Source : http://www.dsij.in/article-details/articleid/18980/shankara-building-products-ipo-analysis.aspx

You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Nifty Next- Some MultiBaggers from Edible Oils & Solvent Extraction Sector

519216 (AJANTASOYA)

524226 (GUJ AMBEXP)

519105(AVTNATURAL)

524332 (BCL)

Disclaimer : We are going to take exposure shortly.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

The Byke Hospitality Ltd (BYKE )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

The Byke Hospitality Ltd  closes at  ` 170.60    with a   fall      of   - 0.90  %  on    15  March   2017   with formation of  a  Red    Candle    on Daily  Price Chart. Technically,  The Byke Hospitality Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.

We Recommend to  BUY  The Byke Hospitality Ltd Ltd at CMP    .

Target : `270/310

Stop: Loss : ` Nil

Time Frame: 12-18 Months

 • The Byke Hospitality Ltd has entered into is  a  Multibagger pattern on Charts.

Financials : http://www.screener.in/company/BYKE/

Disclaimer : We are going to take exposure shortly.

You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Camlin Fine Sciences Ltd (CAMLINFINE)-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

Camlin Fine Sciences Ltd     closes at  ` 93.35     with a  Gain      of   + 3.40 %  on    08 March   2017   with formation of  a  Bullish Engulfing    Candle    on Daily  Price Chart. Technically,  Camlin Fine Sciences Ltd has  entering into a Long Term Bullish  Trend. Major Momentum Indicators are   showing Strength on Daily Price Chart. Our NNI  index has also turned Positive.

We Recommend to  Camlin Fine Sciences Ltd at CMP    .

Target : `117/125

Stop: Loss : `90  

Time Frame: 3 Months

Financials : http://www.screener.in/company/ CAMLINFINE /

 Disclaimer : We are going to taking exposure shortly.

 You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com