Stock Market Education

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 31.05.2020 WPIL LTD CMP 348 ENTRY 340 TO 330 STOPLOSS 290 TARGET 700++ TIME: 12 MONTHS 5 years CAGR sales growth 17.83% 5 years CAGR PAT growth 32.99% WPIL Limited has to its credit a rich experience of more than 65 years in Designing, Developing, Manufacturing,Erecting, Commissioning and Servicing of Pumps & Pumping Systems. After consolidating its position as a leading pump and pumping systems company in India the company has expanded its operations globally and now has manufacturing operations in United Kingdom, Italy, France, Switzerland, South Africa, Zambia, Australia and Thailand through its Group companies. Company has 12 manufacturing units in different locations. It has an equity base of just Rs.9.77 crore that is supported by reserves of around Rs.409.19 crore. The Promoters hold 69.38%, mutual funds hold 6.71%, FPIs hold 1.07% while the other investing public holds 22.84% stake in the company. ...

*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 47 :* 31.05.2020 Financial Statements of a Company & their Notes Most Important Part of Company's Annual Report This is probably the most important segment of the entire report. Most investors go through the numbers in these statements to understand how the company performed financially during the past year. There are four statements that a company presents in the annual report: 1. Balance Sheet of the Company 2. Profit & Loss Account of the Company 3. Cash Flow Statement 4. Statement of Changes in Equity Notes to Financial Statements : In the financial statements you just find numbers but how the company has arrived at those numbers can be understood by reading the Notes to the Financial Statements section of the Annual Report. Notes to the financial statements thus report the details and additional information that are left out of the main parts of financial statements like the...

*AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:* 31.05.2020 Bullish Gap (9336-9334) on Thursday has resulted in the Nifty completing a Bullish Island Reversal pattern. This has resulted in the Nifty challenging the Bearish Gap (Resistance zone) of the Bearish Island between 9533-9731. Once this Gap is overcome, Nifty will challenge the previous intermittent Top at 9889 which is also the failure point for the Bearish Island. It will not be easy to overcome these strong hurdles and in any case if it does, Nifty will find it difficult to overcome the Bearish Gap between 10040-10334. On the downside, the Bullish Gap between 9336-9334 will act as strong Support. Technically Speaking :- Sensex opened the week at 30864, made a high of 32480, low of 30512 and closed the week at 32424. Thus it closed the week with a gain of 1752 points. At the same time the Nifty opened the week at 9099, made a high of 9598, low of 8996 and closed the week at 9580. Thus the Nifty closed the week wi...

*AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:* 24.05.2020 The Market was neither enthused by record Fiscal package announcement nor a surprise 40bps Repo Rate Cut by the RBI. Nifty continues to remain in a Trading Range between 8800 on the lower side and 9300 on the higher side. A break of the higher boundary will lead the Nifty to test the two Bearish Gaps as well as two Bearish Island Reversals. Only a close above 9584 will signal a move towards testing the previous intermittent high of 9889. Whereas a close below 8800, will lead the Nifty down to test the Support levels at 8700-8419. Technically Speaking :- Sensex opened the week at 31248, made a high of 31248, low of 29968 and closed the week at 30672. Thus it closed the week with a loss of 425 points. At the same time the Nifty opened the week at 9158, made a high of 9178, low of 8806 and closed the week at 9039. Thus the Nifty closed the week with a loss of 97 points. On the daily charts, both the indices have fo...

*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 46 :* 24.05.2020 Auditors Report An Important Part of Company's Annual Report! The auditor is deemed to be a third party, whose job is to study the accounting process of the company and offer an impartial opinion about the authenticity of the books maintained by the company and accounting procedures adopted by the company.Thus audit report is basically the opinion of an auditor regarding the company's financial statements. The report is normally written in a standard format. The typical audit report contains these important topics – * The responsibilities of the auditor and the management of the entity. * The scope of the audit. * The auditor's opinion of the entity's financial statements. * Report on other legal and regulatory requirement. Here only opinion of the auditor is important which can be- 1. A Clean Opinion - If auditor feels the financial statements are a fair represent...

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 24.05.2020 SINGER INDIA LTD CMP 24 ENTRY 22 TO 21 STOPLOSS 18 TARGET 40++ TIME: 18 MONTHS 10 years CAGR sales growth 21.36% 10 years CAGR PAT growth 27.29% Singer is the pioneer in the sewing machine industry in India under the renowned "SINGER" and "MERRITT" brands. Singer commenced operations in India more than a century ago. Today Singer also sells many categories of home appliances with over 10,000 sales points including showrooms, a wide wholesale distribution network and a very strong after sales service network Pan India. The company's sewing machines comprise zigzag, electronic,embroidery, straight stitch, and industrial machines. It also offers sewing machine accessories, such as scissors, sewing machine heads, oil, and sewing machine needles. In addition, the company manufactures and trades domestic electrothermic appliances, domestic non-electric cooking and heating equipment,a...

*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 45 :* 17.05.2020 Corporate Governance Information An Important Part of Company's Annual Report! Corporate governance is the system of rules, practices and processes by which a company is directed and controlled and involves balancing the interests of many stakeholders of a company, such as customers, suppliers, shareholders, management, financiers, government and the community. It is mandatory to include the corporate governance report in the annual report of the company. The importance of good corporate governance has increased phenomenally ever since one of the biggest corporate frauds in India was unearthed at Satyam Computer Services in 2009.Since then, the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) have undertaken various initiatives for the corporate governance. When corporate governance guidelines are executed effectively, they can help to prevent corporate...

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 17.05.2020 ADVANCED ENZYME TECHNOLOGIES CMP 155 ENTRY 140 TO 150 STOPLOSS 120 TARGET 300++ TIME: 36 MONTHS 5 years CAGR sales growth 11.94% 5 years CAGR PAT growth 40.75% Advanced Enzymes is a research driven company with global leadership in the manufacturing of enzymes.Company is committed to providing eco-safe solutions to a wide variety of industries like human health care and nutrition, animal nutrition, baking, fruit & vegetable processing, brewing & malting, grain processing, protein modification, dairy processing, speciality applications,textile processing and others. It is 1st Indian enzyme manufacturing company and amongst top 15 global enzyme companies. Company has 7 world class manufacturing facilities located in India and USA. It has 7 R&D locations across India, Germany and USA.Company produces over 68 enzymes and probiotics,over 400 proprietary products. Company exports to 45+ countr...

*AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:* 17.05.2020 The record Fiscal Stimulus was not enough to pull the Market up. As a matter of fact, Nifty made Bearish Belt Hold pattern on Wednesday signalling Market's disappointment at the announcements made by the FM. The Market definitely needed stimuli in the form of liquidity to breathe life and kickstart economic activities;but it needed MORE as was visible by the Markets disappointing reaction. Probably a cut in the GST for essential items could have been more effective, as it would have directly transmitted the benefits to the masses. Once again 50dma acted as strong Resistance as Nifty failed to sustain the support at 20dma. This opens up the probability for Nifty to test lower Supports which are placed at 8980-8700-8419. Bearishness can be negated only if we close above failure point of Bearish pattern which is at 9584. Technically Speaking :- Sensex opened the week at 32030, made a high of 32845,low of 30770 and ...

*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 44 :* 11.05.2020 Management Discussion Analysis An Important Part of Company's Annual Report! Management Discussion and Analysis (MDA) is an important section of the annual report of a company.It is mandatory for all companies registered in India to have this section in their annual report.This report is basically the opinion of the management of the company about the company's current financial and business health and its growth potential.This section also covers information about the overall economic activity in the country and across the globe, macro-economic performance of the industry in which the company operates, company's vision and strategy, threats and opportunities that the company faces and some key financial data. The word 'Management' here refers to the complete structure of organization including the top, middle and lower management levels. From investors' point of view...

*AAKASHAYA PATRA EXCLUSIVE STOCK FOR INVESTMENT:* 11.05.2020 NAVKAR CORPORATION LTD CMP 24 ENTRY 22TO 20 STOPLOSS 15 TARGET 150++ TIME: 36 MONTHS Navkar Corporation Limited is CFS operator in India with three CFSs, Ajivali CFS I and Ajivali CFS II at Ajivali and Somathane CFS at Somathane, which are strategically located in Panvel, Maharashtra with an aggregate installed capacity of 5,35,000 TEUs per annum.Company is having ICD (Inland Container Deport) facility at Tumb (Umbergaon, Valsad,Gujarat) with an aggregate installed capacity of 5,00,000 TEUs per annum. The Company has a PFT -Private Railway Freight Terminal (with 3 tracks) at Somathane and PFT (with 4 tracks) at Tumb. Company is having 940 plus trailers in its equipment bank. The Company's equity is Rs.150.52 crore while company has reserve of around Rs.1625 crore. With a share book value of Rs.117.96, its P/BV ratio works out to just 0.20x.Promoters hold 69.03%, Mutual Funds hold 7.70% (Nippon small cap...

*AAKASHAYA PATRA WEEKLY MARKET OVERVIEW:* 11.05.2020 As expected the Pull-Back seems to have been completed at the Nifty level of 9889, which translates into a humungous rise of almost 2400 points. Bearish Island formation this week not only signalled a Bearish Reversal in the immediate timeframe but also indicated a completion of the Pull-Back. Bearish Island can get negated only if Nifty closes above 9889, the probability of which remains low. The Nifty immediately retraced after testing the 50dma and took Support at the 20dma for better part of the past week. A break of 20dma can take the Nifty down to test the Retracement Supports at 8980-8700-8419 . Technically Speaking :- Sensex opened the week at 32748, made a high of 32748, low of 31158 and closed the week at 31642. Thus it closed the week with a loss of 2075 points. At the same time the Nifty opened the week at 9533, made a high of 9533, low of 9116 and closed the week at 9251. Thus the Nifty closed the wee...

*AAKASHAYA PATRA SEVEN STAR SMART EDUCATION SERIES PART – 43 :* 03.05.2020 Director's Report An Important Part of Company's Annual Report Director's Report: According to Indian Companies Act, all companies registered in India are required to conduct an Annual General Meeting (AGM) of company's shareholders and during this meeting, the Board of Director's of the Company are required to present the Directors Report to the shareholders.This report is also presented in the Annual Report of the Company and can provide shareholders with important piece of information about the current state of the company and its compliance with a set of financial, accounting and corporate social responsibility standards. Some of these mandatory disclosures include - 1. Highlights of Financial Performance of the Company. 2. Performance Review and State of Company's Affairs. 3. Business Outlook. 4. Details on number of Board Meetings held during the Year. ...