BCL Industries Ltd: Valuations & Price Target

BCL Industries & Infrastructure is an India-based company engaged in the business of edible oils, distilleries and real estate.It has strong presence in Ethanol manufacturing & currently Trading X 0.5 of its Valuations ( Last 4-Q Earnings considered ) is now Trading at X0.5 of its Current Valuations. Net Cash/Share is Rs. 24 & its fair value comes at Rs.214.7.
The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Asahi India Glass Ltd : Valuations & Price Target

Asahi India Glass Ltd (ASAHIINDIA) is engaged interalia, in the business of manufacturing of Auto Glass, Float Glass and other value added Glasses.Important Financial ratios are showing improvement. Cos is expected to show flattish Net Profit in FY 2018-19 due to sluggishness in Auto Sector.With revivial of the Auto Industry in near future and huge demand of glasses in the Housing sector, we are expecting that Cos will post Net Profit of Rs.272.7 Cr in FY2020 & Rs.364.8Cr in FY2021 compare to Rs.196.1Cr in FY2019.
On Valuation front, Cos is now Trading at X3.2 of its EPV (Last4Q) & if we factor the FY2020 earnings, it is available at X1.26. Any correction to the level~202 will be a good opportunity for Buying. Its value arrives at Rs648 (at present related valuations) for FY2020.

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Tribhovandas Bhimji Zaveri Ltd> Updates

Tribhovandas Bhimji Zaveri Ltd (TBZ) is buzzing nowdays at browsers and social media & Traders/Investors are asking whats the reason for the move.
As per our calculations, Jewelly sectors is gettting revalued in line with the Upgradtion of the indstry leader TITAN.
TBZ is currecntly Trading at X3.2 of its Valuations ( last 4-Quater earnings are considered here ) to Titan's X7.6 & it below its Book Value of Rs.72.28.
An Upmove upto Rs. 78 can be seen in Short/Mid Ter.

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com