-
26.05.2019

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:*

SHILP GRAVURES (CMP 101)
Target -  140-160, SL - 80 Time Frame 6 to 12 Months

Incorporated in 1989, Shilp Gravures Limited manufactures and sells engraved copper rollers in India. It operates through two segments, Engraved Copper Roller and Wind Mill. The company offers gravure cylinders,including electro-mechanically and mechanically engraved, chemically etched, and laser rollers; and flexo plate processing, base shell, prepress, and embossing products for use in flexible packaging, anilox rollers, PVC flooring, decorative laminates, specialty coatings, artificial leather, gift wrapper, security printing, transfer printing, fine text, label, ceramic anilox roller, embossing, and flexo colage applications. It also generates energy through wind mills. The Company has equity of just Rs.6.15crore while company has huge reserve of around Rs.58.15crore. Promoters hold 60.78% while investing public hold 39.22% stake in the company. Promoters increased their stake during October-18- March-19 which is positive sign. During Q4FY19,net profit soared 40.25% to Rs.2.01crore from Rs.1.43crore in Q4FY18 on sales of Rs.17.99crore fetching an EPS of Rs.3.26. During FY19, net profit grew 10% to Rs.7.71crore from Rs.7.03crore in FY18 on 7.37% higher sales of Rs.74.13crore fetching an EPS of Rs.12.54. It is regular dividend paying company and it paid 25% interim dividend for FY19 and declares 15% final
dividend for FY19 (TOTAL DIVIDEND 40%). Its last year's high rate was Rs.180. Stock almost corrected 44% from its peak price. At CMP, SHILP GRAVURES trades at PE ratio of just 8x earnings.


Comments

Post a Comment

Popular posts from this blog

AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 61 : 10.10.2020

-
Image
                           Financial Ratios- Liquidity Ratio As the name indicates, these financial ratios help us to evaluate the ability of the management to use its assets and manage its liabilities effectively. Commonly used Management Efficiency Ratios include –   1. Fixed Asset Turnover Ratio 2. Working Capital Turnover Ratio 3. Total Asset Turnover Ratio 4. Inventory Turnover Ratio 5. Inventory Number of Days 6. Receivables Turnover Ratio 7. Days of Sales Outstanding   Fixed Asset Turnover Ratio: The fixed-asset turnover ratio is the ratio of net sales to the fixed assets of the company. Fixed Asset Turnover Ratio = Net Sales / Average Net Fixed Assets This ratio is used to measure the operating performance of the company, i.e., how efficiently a company is producing sales with its machines and equipment. In general, a higher fixed-asset turnover ratio indicates that a company has more effectively utilized investment in fixed assets to generate revenue.A de
Read more
-
Image
16.06.2019 AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 12 : Stochastic Indicator Stochastic is known as one of the reliable leading indicator to forecast the Price Reversal or Swing Reversal, its also give an idea about stock over bought position as well as stock over sold position Stochastic Indicator does not follow price or volume but it follow momentum of the trend For ready reference, Formula of the Stochastic Indicator as below : % K = (Most Recent Closing Price - Lowest Low) / (Highest High - Lowest Low) × 100 %D = 3-day SMA of %K Lowest Low = lowest low of the specified time period Highest High = highest high of the specified time period There is a two line are available in stochastic indicator, %K Line known as fast line and %D is known as slow line %D is known as a slow line because its a SMA of %K Default setting is 14 period it means it consider recent last 14 persod data as per formula in calculation We can use this Stocha
Read more

AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT: 21.06.2020

-
Image
DOLLAR INDUSTRIES LTD CMP 137 ENTRY 135 TO 130 STOPLOSS 100 TARGET 300++ TIME: 36 MONTHS Dollar Industries Limited has become one of the leading brands in the hosiery sector with an enviable 15% market share and a significant percentage in textile exports of the total production in the Indian hosiery market. It has also made a noticeable presence across social media and e-commerce platforms. Dollar has extensively penetrated across 29 states in India. Not only that, its products have also gone beyond the boundaries of the country and has emerged as the highest selling Indian innerwear brand in the UAE and the Middle East, marking its presence in places like Oman, Basra, Jordan, Qatar, Kuwait, Bahrain, Yemen, Iraq, Myanmar, Nepal, Nigeria and U.A.E. Having fused its position in Gulf countries the company is now assertively looking at the rest of the world with collections that promise to delineate the string. Dollar Industries is the only hosiery and knitwear company in India c
Read more