17-Nov-17 Market - Narnolia · and after opening on a positive note, nifty continuously rose to...
Transcript of 17-Nov-17 Market - Narnolia · and after opening on a positive note, nifty continuously rose to...
MARKET Diary17-Nov-17
Value % Change
SGX NIFTY 10,342.00 0.79%
22,672.10 1.42%
HANG SENG 29,255.76 0.81%
Sensex 33,106.82 1.06%
Nifty 10,214.75 0.96%
DOW 23,458.36 0.80%
Event Today NASDAQ 6,793.29 1.28%
CAC 5,336.39 0.88%
Interim Dividend DAX 13,047.22 0.54%
CUPID : Rs 2/- FTSE 7,386.94 0.19%
BALKRISIND : Rs 2.5/- EW ALL SHARE 19,015.71 1.01%
INGERRAND : Rs 3/-
MASFIN : Rs 1.50/-
SHYAM : Rs 2.7/- Value % Change
SUNTV : Rs 2.5/- 29503.00 -0.07%
TAKE : Rs 0.3/- 39799.00 0.22%
( Ex date : 17.11.2017) 61.16 -0.33%
Right Issue 200.40 -0.30%
VIPCLOTHNG 65.32 0.17%
( Ex date : 17.11.2017) 76.86 -0.44%
8617.00 0.40%
Result JMTAUTOLTD , MAYURUNIQ
Investor Buy(Cr.) Sale(Cr.) Net(Cr.)
Concall 16-Nov-17 4552 4999 (447)
Muthoot Cap : 10:00 AM Nov-17 72642 82906 (11249)
Globus Spirits : 11:00 AM 2017 1115859 1149239 (34365)
Ahluwalia Cont : 12:00 PM
Vikas GlobalOne : 12:00 PM Investor Buy(Cr.) Sale(Cr.) Net(Cr.)
CRISIL : 3:00 PM 16-Nov-17 3181 2334 847
Matrimony.com : 4:00 PM Nov-17 50552 49099 (1914)
Apex Frozen Foo : 4:00 PM 2017 712087 638600 70120
VSSL : 4:00 PM
Arman Fin : 4:00 PM Quote of the Day : "On one point, I am clear. I will not abandon a previous approach whose logic I
understand (although I find it difficult to apply) even though it may mean foregoing large, and apparently
easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and
which possibly could lead to substantial permanent loss of capital." Warren Buffett
DOLLAR/RS.
EURO/RS.
% Change in 1 day
FII
DII
Institutional Turnover
Yesterday Closing Market
POUND/RS.
Market Outlook
CRUDEOIL
Commodity Price ( Yesterday Closing )
GOLD
NATURALGAS
Commodity/Currencies
SILVER
% Change in 1 day
Indian equities gave sharp pullback yesterday
and after opening on a positive note, nifty
continuously rose to make an intraday high of
10231.85. At the end of the day the index
closed at 10214.75. It had a net gain of 0.96%
over the previous trading day’s close. The
broader market was in favor of bulls as the
small cap and midcap indices moved in line
with the benchmark index and closed the day
after gaining 0.8%-1%.
On the sectoral front, the buying was
witnessed across the board. PSU banking,
FMCG and Information technology stocks were
on the buyers’ radar. The breadth of the
market was positive and about two shares
advanced for every share declined at NSE.
Nifty trading above 23 times its trailing 12
months earning requires the market to go in
for a price or time correction. Though on-going
2nd quarter FY18 earning season has gone
well with a clearer sign of margin
improvement. But at such elevated level of
valuation, good earning is not enough.Rather it
needs to be great to support price momentum
from hereon.
Similar to the way the rally of the calendar
year 2017 in India has been in sync with global
markets, correction too is happening in sync
with correction in global markets over last five
trading session.NIfty has now come close to its
support level of 10000-10100 but all short-
term direction will be dependent more on how
global markets move.
NIKKIE
Morning Traded Market
Nifty Intraday Chart Market
Market
Narnolia Securities Ltd
KEY LEVELS
Support 1 : 9955
Resistance 1 : 10285Resistance 2 : 10369
IEA Snapshot
"ACCUMULATE"
"BUY"
Top News
>> Wonderla Holidays is expecting a single-digit footfall decline in
its older parks but they are expecting a growth in footfall for
Hyderabad because it is a new park.
The company has just finished land acquisition and is awaiting
approvals to start construction.
17th Nov 2017
*For details, refer to our daily report- India Equity Analytics
PNCINFRA is the north based infrastructure development company with pan India presence. Currently, PNC is executing 17 EPC projects
across the country with Rs.11148 Cr of Order Book (incl. HAM projects). Revenue continues to de grow in FY18 due to delay in appointment
date in some of the large EPC projects and monsoon. During this quarter, PNCINFRA has received appointment date on Nagina Kashipur and
Bhojpur Koliwar and expected to receive appointment date on Bhojpur Buxar and 3 HAM projects by December. With receiving necessary
approvals, we estimate sales to grow by 31% CAGR over FY17 to FY19. We expect spike in EBITDA margin as the early completion bonus of
Rs70-80 Cr will come in Q4FY18. Availability of interest free mobilization advances will help to keep short term borrowings down going
ahead. Considering delay in the appointment dates on key projects in H1FY18, we have reduced our revenue estimate by 9% for FY18, we
value PNCINFRA at 2.5x FY19 expected book value and recommend “ACCUMULATE” with target price Rs.195
16th Nov 2017
Cadila is set to witness a strong growth owing to rich US pipeline and several high potential products await FDA approval. The clearance of
the Moraiya facility should kick-start approvals of some limited-competition products in oral solids, transdermal & nasal segment. On
account of robust prospects for the US markets with 305 ANDAs pending approval as of August 2017, foray into the US specialty pain
management segment through Sentynl acquisition and healthy growth trajectory in the domestic markets, we have a positive view on the
stock. We expect Cadila to comfortably maintain a healthy product launch on the back of these key competitive opportunities. We believe
Cadila is best placed to reap the benefit of pending approval among the peers. We maintain a BUY Rating for the stock with one year target
price of Rs 526.
PNCINFRA
CADILAHC
2QFY18 CEATLTD concall highlights:
Volume growth in Passenger vehicle segment to pick up from Q3FY18
onwards due to lower base in 3QFY17.
The company faced challenging time on the exports front as there
were issues like rupee appreciation, import barriers in Indonesia and
political unrest in some other markets.
Management expects raw material price to remain stable for rest of
the year.
The management does not anticipate any further price hike due to
high competitive intensity in the industry.
The company has starterd production of Off the road tyres in its
Ambernath facility and testing for these tyres is in process in Europe.
Once the testing will complete the company will launch these tyres in
Indian market also. # OTR tyres have margin of over 20%.
Debt to Equity ratio stands at 0.4:1.
Capacity utilization for new facilities at Nagpur and Halol stand at
60% and 75% respectively.
CEAT has market share of 28-30% on the 2W replacement market and
targets to achieve 35% in next couple of years.
Market share in the passenger car segment is around 12% and this
segment may face some capacity constraints in near future looking at
the demand scenario.
Capex in FY18 to be Rs.500-600 crores largely towards new capacity
expansion.
Tax rate will be in the range of 32-33% for FY18.
>> Royal Orchid Hotels have added four hotels in this quarter and we
are about to add another four hotels by next month . The growth is
looking good and the occupancy rate has grown a lot and it can go to
80 percent maximum. Current average room rate (ARR) is at Rs 3,600
and the company is looking to increase the same .
Britannia’s Q2FY18 result concall highlights:
Company plans for Rs 250 cr of cost saving in FY18 in which 40% is
already achieved.
Management plans to make Britannia a complete food company
with the launch of product in every Food categories.
Company plans to enter one geography every year.
Guwahati plant ( Assam) will be ready within the 6 months.
Raw material prices have almost stabilized barring sugar. Sugar
price has seen inflation of 7% in this quarter. Milk prices have
started showing declining trend in last few months.
The company will not take price hike in the near future considering
benign input prices.
International business grew positively in spite of pressure on
account of headwinds related to Middle East and Africa in this
quarter.
Employee expense contains Rs 17 cr which is one off related to
employee’s pension.
Kerala: Distributors related problem in Kerala is almost normalized
(95% back to normal) and rest will be normalizing in coming
quarter.
The company improved its market share in weak states by 117 bps.
Rural growth for Britannia remained strong with double digits.
Exchange Deal Date Company Client Name Deal Type Quantity Price
NSE 16-Nov-17 ADFFOODS BUY 177000 254
NSE 16-Nov-17 ADFFOODS BUY 283525 254
NSE 16-Nov-17 ARSHIYA BUY 6000000 80
NSE 16-Nov-17 GOACARBON BUY 54097 985
NSE 16-Nov-17 RCOM BUY 13557674 11
NSE 16-Nov-17 RCOM BUY 17643048 10
NSE 16-Nov-17 RELCAPITAL BUY 1665253 417
NSE 16-Nov-17 THANGAMAYL BUY 489427 410
NSE 16-Nov-17 ADFFOODS SELL 15000 261
NSE 16-Nov-17 ADFFOODS SELL 271383 255
NSE 16-Nov-17 ARSHIYA SELL 6000000 80
NSE 16-Nov-17 DIXON SELL 91790 2708
NSE 16-Nov-17 GOACARBON SELL 54097 985
NSE 16-Nov-17 RCOM SELL 13446504 11
NSE 16-Nov-17 RCOM SELL 17643048 10
NSE 16-Nov-17 RELCAPITAL SELL 1665253 418
NSE 16-Nov-17 ROHLTD SELL 142841 152
NSE 16-Nov-17 THANGAMAYL SELL 500000 410
SHAASTRA SECURITIES TRADING PRIVATE LIMITED
SHAASTRA SECURITIES TRADING PRIVATE LIMITED
OLD BRIDGE CAPITAL MANAGEMENT PRIVATE LIMITED - ALL CAP STR
J S L ENTERPRISES
Nifty Movers NSE Sectoral Indices Performance
Individual Foreign Institutions
MARKET MOVERS (1 MONTH CHANGE)
Block Deal
F&O OPEN INTEREST ( Number of Contracts )
BUSINESS EXCELLENCE TRUST
OPG SECURITIES PVT. LTD.
INDUSTRIAL DEVELOPMENT BANK OF INDIA
ADROIT FINANCIAL SERVICES PRIVATE LIMITED
SHAASTRA SECURITIES TRADING PRIVATE LIMITED
SHAASTRA SECURITIES TRADING PRIVATE LIMITED
J S L ENTERPRISES
M/S MENTOR CAPITAL LIMITED
ECAP EQUITIES LIMITED
OPG SECURITIES PVT. LTD.
BALUSAMY RAMESH
M/S MENTOR CAPITAL LIMITED
MITTAL ARCHANA
ADROIT FINANCIAL SERVICES PRIVATE LIMITED
BSE Code Company Name Date BSE Code Company Name Date
532806 AICHAMP 17-Nov-17 532686 KERNEX 20-Nov-17
539455 DASL 17-Nov-17 532637 MANGALAM 20-Nov-17
512485 DHANCOT 17-Nov-17 513335 METALFORGE 20-Nov-17
521151 DHANFAB 17-Nov-17 500279 MIRCELECTR 20-Nov-17
505893 HINDHARD 17-Nov-17 533008 OISL 20-Nov-17
523592 JENSONICOL 17-Nov-17 531157 ORGCOAT 20-Nov-17
513691 JMTAUTOLTD 17-Nov-17 532988 RANEENGINE 20-Nov-17
513509 KALYANIFRG 17-Nov-17 502448 ROLLT 20-Nov-17
533451 KARMAENG 17-Nov-17 519413 RUIAAQA 20-Nov-17
500239 KGDENIM 17-Nov-17 530267 SABOOBR 20-Nov-17
522249 MAYURUNIQ 17-Nov-17 532841 SAHYADRI 20-Nov-17
539267 PCPROD 17-Nov-17 536592 SKFL 20-Nov-17
521149 PRIMEURB 17-Nov-17 531102 SURANACORP 20-Nov-17
540703 PROVESTSER 17-Nov-17 523301 TCPLPACK 20-Nov-17
539346 SADBHIN 17-Nov-17 524408 UNIVSTAR 20-Nov-17
517059 SALZER 17-Nov-17 511389 VIDEOIND 20-Nov-17
540497 SCHAND 17-Nov-17 524711 VISTAPH 20-Nov-17
526161 SPENTA 17-Nov-17 538861 AMSONS 21-Nov-17
521163 ZODIACLOTH 17-Nov-17 540694 ANG 21-Nov-17
508987 ABACUS 18-Nov-17 523896 AVIPHOT 21-Nov-17
531161 ABMKNO 18-Nov-17 531458 BOSTONBIO 21-Nov-17
516064 ARROWGREEN 18-Nov-17 540403 CLEDUCATE 21-Nov-17
500058 BIHSPONG 18-Nov-17 531270 DAZZEL 21-Nov-17
540596 ERIS 18-Nov-17 538708 ETIL 21-Nov-17
538564 JAMESWARREN 18-Nov-17 500155 GARDENSILK 21-Nov-17
526668 KAMATHOTEL 18-Nov-17 506109 GENESYS 21-Nov-17
505594 MULTIIN 18-Nov-17 533048 GISOLUTION 21-Nov-17
539785 PDMJEPAPER 18-Nov-17 532744 GTNTEX 21-Nov-17
500343 PDUMJEPULP 18-Nov-17 590065 IMPAL 21-Nov-17
530111 RAJPACK 18-Nov-17 504786 INVPRECQ 21-Nov-17
513295 RUCHISTR 18-Nov-17 532771 JHS 21-Nov-17
512634 SAVERA 18-Nov-17 507794 KHAICHEM 21-Nov-17
532869 TARMAT 18-Nov-17 590075 LAMBODHARA 21-Nov-17
519303 TROMBOEXT 18-Nov-17 531613 MAL 21-Nov-17
532373 WEPSOLN 18-Nov-17 532932 MANAKSIA 21-Nov-17
533339 ZENTEC 18-Nov-17 539044 MANAKSTELTD 21-Nov-17
519064 ZKHANDEN 18-Nov-17 531819 NUWAY 21-Nov-17
506159 ASISL 20-Nov-17 517397 PANELEC 21-Nov-17
539251 BALKRISHNA 20-Nov-17 514326 PATSPINLTD 21-Nov-17
532282 CASTEXTECH 20-Nov-17 524727 SDL 21-Nov-17
532173 CYBERTECH 20-Nov-17 530433 SHIVAAGRO 21-Nov-17
500141 FERROALL 20-Nov-17 505160 TALBROAUTO 21-Nov-17
505250 GGDANDE 20-Nov-17 514236 TRUPTWI 21-Nov-17
533282 GRAVITA 20-Nov-17 500138 UNIWORTHT 21-Nov-17
532851 INSECTICID 20-Nov-17 522091 UVDRHOR 21-Nov-17
511357 KAILASH 20-Nov-17 515099 VERTICLIND 21-Nov-17
Result Calendar Q2FY18
533022 20MICRONS 22-Nov-17 505324 MANUGRAPH 23-Nov-17
539528 AAYUSH 22-Nov-17 530169 MOHITPPR 23-Nov-17
532888 ASIANTILES 22-Nov-17 511551 MONARCH 23-Nov-17
517330 CMI 22-Nov-17 524084 MONSANTO 23-Nov-17
590031 DENORA 22-Nov-17 505368 REVATHI 23-Nov-17
526783 DRAGARWQ 22-Nov-17 538562 SKIPPER 23-Nov-17
534839 EFPL 22-Nov-17 516022 STARPAPER 23-Nov-17
509557 GARWALLROP 22-Nov-17 537253 SUNLOC 23-Nov-17
524754 GUJMEDI 22-Nov-17 513149 ACROW 24-Nov-17
539984 HUIL 22-Nov-17 517546 ALFATRAN 24-Nov-17
517063 JETKINGQ 22-Nov-17 538653 AMMLTD 24-Nov-17
500259 LYKALABS 22-Nov-17 511605 ARIHCAPM 24-Nov-17
539045 MNKALCOLTD 22-Nov-17 507526 ASALCBR 24-Nov-17
539046 MNKCMILTD 22-Nov-17 503960 BBL 24-Nov-17
524558 NEULANDLAB 22-Nov-17 539018 BEEKAY 24-Nov-17
532661 RML 22-Nov-17 530393 DBSTOCKBRO 24-Nov-17
540673 SIS 22-Nov-17 538608 DWITIYA 24-Nov-17
531972 TRIDETOOL 22-Nov-17 500650 EXCELINDUS 24-Nov-17
530487 VIBROSO 22-Nov-17 524019 KINGFA 24-Nov-17
506767 ALKYLAMINE 23-Nov-17 531821 MUNOTHFI 24-Nov-17
533270 BEDMUTHA 23-Nov-17 511401 MUNOTHI 24-Nov-17
533289 KTIL 23-Nov-17 500354 RAJSREESUG 24-Nov-17
BSE Code Company Name Sale ( Cr. ) Sales Growth ( %) PAT ( Cr.) PAT Growth (%)
532141 ANDHRACEMT 121.68 36.83 17.57 (186.72)
522074 ELGIEQUIP 372.86 14.55 26.49 46.76
504212 UNIVCABLES 256.20 43.07 7.83 (31.44)
510245 SWASTIVI 4.11 6.75 0.44 25.71
532256 NSIL 6.45 23.56 5.87 31.32
517015 VINDHYATEL 293.78 22.35 21.41 27.82
532629 MBECL 379.52 3.22 (135.36) (31.82)
507525 AMRITCORP 12.39 11.32 4.06 (15.94)
500039 BANCOINDIA 386.43 10.44 37.61 14.70
507968 JOLYPLS (0.04) (233.33) 0.01 0.00
500333 PIXTRANS 54.77 (4.26) 6.66 17.88
512018 CNIRESLTD 1.22 139.22 (1.15) (5850.00)
508922 MSRINDIA 47.47 13.86 0.58 205.26
523411 KRONECOMM 15.54 3.53 0.55 (32.93)
523475 LOTUSCHO 13.94 (21.24) 0.74 (242.31)
513359 PARINFRA 0.24 41.18 0.12 71.43
500327 PILITA 9.40 (44.90) 0.61 (4.69)
523023 SINCLAIR 7.95 (5.24) 0.96 68.42
500055 BHUSANSTL 4188.05 61.13 (467.37) (52.32)
519307 VIKASWSP 164.40 290.96 7.07 (115.46)
526407 RPIL 10.48 (26.61) 0.68 25.93
524480 RIDDHI 21.90 (76.95) 9.22 (72.91)
512579 GUJNRECOKE 133.25 7.74 (105.88) (4.12)
526550 COUNCLB 56.56 (5.43) (7.57) 28.96
Result Q2FY18
500346 PUNJCOMMU 3.30 (62.03) (2.74) 160.95
524820 PANAMAPET 314.16 62.49 15.00 54.64
526987 URJAGLOBA 28.54 (12.18) 0.41 0.00
530117 ADIFINCHM 222.77 42.06 7.41 8.49
530323 ERAINFRA 172.13 (19.85) (317.46) (16.07)
530407 EPIC 4.43 (11.22) 0.02 (103.33)
530579 GOLDENGOEN 6.42 (3.02) 3.71 10.42
530557 NCLRESE 1.25 (34.55) 0.94 (159.87)
531137 GEMSI 0.47 (9.62) 0.24 (17.24)
531412 RADIXIND 2.27 (54.23) 0.39 21.88
531431 SHAKTIPUMP 67.19 (13.76) 3.02 (35.05)
512047 ROYALIND 4.76 (92.33) (1.71) (1321.43)
531463 GBLINFRA 0.68 15.25 0.33 (3400.00)
505509 RESPONIND 179.10 (61.09) 1.45 (73.92)
531919 MUDITFN 0.63 231.58 0.11 (320.00)
534804 CARERATING 90.97 12.31 48.34 2.09
531522 RASOYPR 4.06 (62.16) (4.92) (90.16)
531978 AMBIKCO 139.61 5.03 14.77 (0.20)
539404 SATIN 239.73 14.76 12.69 (51.25)
532875 ADSL 61.63 11.99 3.23 (15.22)
532883 ZYLOG 50.85 (15.96) (4.98) (263.28)
532543 SAHPETRO 107.44 5.75 3.13 (3.99)
533288 CLARIS 4.31 140.78 1840.27 5581.60
532731 ROHITFERRO 156.90 13.15 (57.11) (187.27)
532748 PFOCUS 546.17 17.32 21.87 (155.37)
532757 VOLTAMP 128.90 (19.86) 15.28 (42.79)
532783 DAAWAT 853.10 2.90 33.98 36.03
532895 NAGREEKCAP 44.10 1447.37 1.33 (140.80)
532886 SELMCL 308.41 (33.27) (512.01) 178.33
532952 NAHARCAP 1.30 106.35 10.13 (0.39)
532915 RELIGARE 2.65 (77.58) (30.50) (22.86)
532961 SITASHREE (8.59) (115.12) (3.40) (94.68)
536799 SRSFIN (0.05) (100.87) (2.10) (877.78)
539332 NAVKARCORP 107.80 19.72 24.81 10.71
539807 INFIBEAM 201.41 76.10 21.55 175.58
522064 HONDAPOWER 185.21 3.39 14.95 (16.48)
CountryMonday
13th Nov 17
Tuesday
14th Nov 17
Wednesday
15th Nov 17
Thursday
16th Nov 17
Friday
17th Nov 17
USPPI m/m , Core PPI m/m , NAHB
Housing Market Index , TIC Long-
Term Purchases ,
CPI m/m , Core CPI m/m ,
Core Retail Sales m/m ,
Retail Sales m/m , Crude
Oil Inventories ,Business
Inventories m/m
Unemployment Claims ,
Import Prices m/m , Philly
Fed Manufacturing Index ,
Capacity Utilization Rate ,
Industrial Production m/m ,
Natural Gas Storage
Building Permits , Housing
Starts.
UK/EURO ZONEItalian Trade Balance ,
German Buba Monthly
Report
German Prelim GDP q/q , French
Final CPI m/m, CPI y/y, PPI Input
m/m , RPI y/y , Flash GDP q/q ,
German ZEW Economic
Sentiment, Inflation Report
Hearings , Autumn Forecast
Statement
Average Earnings Index
3m/y , Claimant Count
Change , Unemployment
Rate , Trade Balance,
German 10-y Bond
Auction
German WPI m/m , Retail
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Meetings
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Narnolia Securities Ltd201 | 2nd Floor | Marble Arch Build ing | 236B-AJC Bose
Road | Kolkata-700 020 , Ph : 033-40501500
email: [email protected],
website : www.narnolia.com
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provide any express or implied warranty of any kind, and also these are subject to change
without notice. The recipients of this report should rely on their own investigations,
should use their own judgment for taking any investment decisions keeping in mind that
past performance is not necessarily a guide to future performance & that the the value of
any investment or income are subject to market and other risks. Further it will be safe to
assume that NSL and /or its Group or associate Companies, their Directors, affiliates
and/or employees may have interests/ positions, financial or otherwise, individually or
otherwise in the recommended/mentioned securities/mutual funds/ model funds and
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