Adjustment of Futures and Options contracts in the security Adani Enterprises Limited (ADANIENT)

Adani Enterprises Limited has informed the Exchange that it has received certified copies of the Order of the Hon’ble High Court, Gujarat, sanctioning the Composite Scheme of Arrangement between Adani Enterprises Limited (AEL), Adani Ports and Special Economic Zone (APSEZ), Adani Power Ltd (APL), Adani Transmission Ltd. (ATL) and Adani Mining Private Limited (AMPL) and their respective Shareholders and Creditors pursuant to the provisions of Section 391 to 394 and the other provisions of the Companies Act, 1956 and the Companies Act, 2013.

 

Accordingly, the Company has fixed June 04, 2015 as the Record Date for the purpose of Scheme of Arrangement & Demerger.

 

Ex-date : June 03, 2015

 

Upon the Scheme has come into effect and in consideration of the transfer and vesting of the Port Undertaking, Power Undertaking and Transmission Undertaking of AEL in APSEZ, APL and ATL respectively, in terms of the Scheme, the equity shareholders of AEL whose names appear in the Register of Members of AEL as on the Record Date i.e. 4th June 2015 will be allotted –

 

·         14,123 (fourteen thousand one hundred twenty three) equity shares in APSEZ of Rs. 2/- each credited as fully paid-up for every 10,000 (ten thousand) equity shares of Re. 1/- each fully paid-up held by such equity shareholder in AEL.

 

·         18,596 (eighteen thousand five hundred ninety six) equity shares in APL of Rs. 10/- each credited as fully paid-up for every 10,000 (ten thousand) equity shares of Re. 1/- each fully paid-up held by such equity shareholder in AEL.

 

·         1 (one) equity share in ATL of Rs. 10/- each credited as fully paid-up for every 1 (one) equity share of Re. 1/- each fully paid-up held by such equity shareholder in AEL.

 

The following adjustments shall be carried out on the Futures and Options contracts of ADANIENT:

 

Fresh month contracts will not be introduced for the expiry month August 2015 on the expiration of May 2015 contracts.

 

All existing contracts i.e. contracts with expiry dates June 25, 2015 and July 30, 2015 will expire on June 02, 2015.

 

Derivatives contracts on ADANIENT shall be introduced again (with expiry dates June 25, 2015, July 30, 2015 and August 27, 2015) from June 03, 2015 being the ex-date of the underlying. The list of option strikes from which specific strike prices would be made available for trading on June 03, 2015 shall be intimated.

Now those who say which stocks to buy.. Here comes the list of companies to buy

Now those who say which stocks to buy.. Here comes the list of companies to buy

HAHAHAH THINGS ARE NEAR US BUT WE FORGET IT AND CALL ON CNBC AND TIPS PROVIDERS SIR WHAT CAN I BUY??? LOL HAHHAAH SEE THE BELOW TWO IMAGES AND FORGET TO ASK :)

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

 

Rate cut is a high probability event.......In the light of our expectations we enlist some of our top stock ideas which will directly or indirectly benefit from a low interest rate environment.

Dear All,

India has been plagued by high inflation for years. Its only since the second half of 2014, did we see inflation coming down consistently. Both the CPI and the WPI have been trending down since May 2014, the former a bit unevenly, and the latter consistently. The WPI has, in fact, been negative for six months in a row, and average wholesale inflation for the last 12 months is a 1.3%. The IIP in 2014-15 showed a modest revival over the year before (2013-14), but the industry is still struggling under an overload of past debt. Till this overload is lifted, it (i.e. the industry) cannot run faster and contribute to GDP growth. While RBI has its own sets of worries and data points to look at (like the US 10 Year Yield, CAD & Fisc situation, amongst others), right now growth is a bigger challenge than inflation and therefore the Government and the RBI needs to act fast.

 Given the latest print on both CPI and WPI, the case for interest rate in the next policy meet (2 June, 2015) has become very strong. Given the various macro economic variables, we believe that a series of rate cuts over the next few quarters cannot be ruled out. While an immediate rate cut is a high probability event, subsequent rate cuts though will be to some extent contingent on variables highlighted above.

 In the light of our expectations we enlist some of our top stock ideas which will directly or indirectly benefit from a low interest rate environment.

 ·         Indusind bank (CMP Rs834.0) is one of the major beneficiary of downward trending interest rate trajectory as it relies heavily on bulk deposits.  Majority of its deposits mature within 1 year which places the bank in a sweet spot in terms of lower cost of re-financing its deposits. Also, its 50% of retail book is fixed rate wherein yield pressure will be less. Overall, its NIM is set to improve from 3.7% now to ~3.9% which shall support healthy NII growth and 25%+ PAT growth for next couple of years. Valuation reasonable at 3.5x FY16E ABV for the bank with strong 1.9% RoA.

 ·         Dewan Housing finance (CMP Rs 434.2)- The borrowing mix of Dewan housing constitutes 61% in form of bank loans, 28% is Bonds, 8% is FDs and 3% is NHB. With interest rate trending south, Dewan has the higher lever to shift its borrowing mix from bank loans to bond which shall reduce its overall cost of fund. Also, the cut in base rate by banks shall keep its cost of fund under check. Besides, lower EMI shall translate into higher credit growth volume (20%+ expected till FY17E). Overall, steady PAT growth of 18-20% expected. Valuation cheap at 1.2x FY16E ABV.

 ·         L&T: (CMP Rs 1584) liquidity crunch  and slow pace of execution  has led to  deterioration of the company’s NWC to 25% of revenues one of the highest levels witnessed. Secondly, L&T gives away lot of work on sub-contract basis and any rate cuts going forward will ease the pressure of the sub-contractor (most of them under working capital stress) which in turn will indirectly benefit the company as well. Interest rate cuts will therefore lead to huge savings for the company and boost its profitability.

 ·         Kajaria Ceramics (CMP Rs 766): Indirect play on real estate sector. Housing sector will be one of the key beneficiary of rate cut, as EMI outgo for house aspirants reduces leading to increase in affordability. The increase in demand for housing will directly drive demand for ancillary industries like tiles and sanitaryware. Kajaria is market leader in vitrified tiles. Tiles industry is likely to grow by 15% in FY16E and we expect Kajaria to outgrow the industry growth by 250-300 bps. Currently, trading at consensus P/E of 28x and 22x FY16E and FY17E (Source: Bloomberg).

 ·         Ashok Leyland (CMP: Rs 70.3): Play on demand recovery for CVs, which is directly the function of recovery in mining activities (coal and minerals mining) and urban public transport. Moreover, any rate cut will lead to lower cost of ownership for CV owner and will make logistic/transport industry attractive. Majority of the CV business is on finance. Industry volumes are likely to grow by 10-15% in FY16E and the company is likely to outperform the industry growth.  Currently, trading at consensus P/E of 28x and 17x FY16E and FY17E (Source: Bloomberg).

 ·         Dalmia Bharat Ltd (CMP: Rs 501): DBL is the 3^rd largest cement player in India with capacity of 24.5 mn tonnes. The company’s profitability were under pressure till FY15 due to weak cement uptake and realization in Southern markets. DBL gets majority of the sales from Southern region. With likely improvement in pickup in infrastructure and housing activity, especially in Andhra region, coupled with cost optimization measures initiated by the company, we believe DBL’s profitability is likely to increase substantially over FY15-FY17E period.

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

Investment idea

21-05-2015 UPDATE

Falling inflation and reversal in crude prices has increased the possibility of cut in the benchmark rates in the next Policy Meet by RBI. This is in spite of the risk of poor monsoon and pick up in the Crude prices.

 

We released a list of stocks on 13^th of the month to take advantage off in both Short Term and Medium Term ahead of the policy meet. The basket of stocks has potential to deliver a return of 8-12% in foreseeable future……REITERATE BUY

 

Investment Strategy- Short Term - Medium Term BUYs - Potential upside 8-12% in near term

 

 

Initiated Date	Stocks	Reco Price.	CMP	% Change
13-May-15	EICHER MOTORS LTD	17829	18425.0	3.3%
13-May-15	MARUTI SUZUKI INDIA LTD.	3621	3705.5	2.3%
13-May-15	LARSEN & TOUBRO LTD.	1594	1632.7	2.5%
13-May-15	SUN PHARMACEUTICALS IND.	957	980.7	2.5%
13-May-15	YES BANK LIMITED	844	860.2	1.9%
13-May-15	BLUE DART EXPRESS LTD	6556	6640.0	1.3%
13-May-15	GUJARAT PIPAVAV PORT LTD	216	227.0	5.1%
13-May-15	KANSAI NEROLAC PAINTS LTD	223	216.4	-3.0%
13-May-15	GABRIEL INDIA LTD	80	85.6	6.5%
		Average Return		2.5%

Short Term - Medium Term BUYs - Potential upside 8-12% in near term

 

Who says things @ ground level are not improving. While there is a section of market which is struggling on a/c of high debt/ slow govt decision making in the space in which they operate, there is yet another group of companies which are reporting stellar results oblivious of the things around. Lower debt or improving landscape in the area they operate in or MOAT(Competitive Advantage) they enjoy has helped them move from strength to strength. Suggest take advantage of current correction and buy them for Short to Medium Term Delivery  

1)     Eicher (CMP 17829.0) – RE continues to be the main earnings driver for Eicher. In 4QFY15, its sales volume increased by 45% YoY to 93000 units. OB remains @ 4-5 months. Next leg of growth will be driven by international market. Towards that end has acquired a design Co in UK.  Co is developing 2 new platforms for RE (both for global market), which will be in the range of 250-750 cc. Commercial vehicle portfolio for Eicher continues to do well and will get further boost from launch of Pro Series range (heavy duty trucks with 2x fuel efficiency). Currently trading at FY16E and FY17E P/E of 28.4x and 21.9x resp.

2)     Maruti (CMP 3620.5) – Largest passenger vehicle player in India with market share of 45%. Posted fantastic 4QFY15 results with expansion in EBITDA margin of 270 bps YoY to 15.9% (highest in 7Y). We xpct mkt share to further increase in FY16, led by a strong model pipeline and low competitive intensity in small cars. With the success of Ertiga and Ciaz, Co has started gaining ground in high priced sedan segment. Xpct domestic volumes to growth of double digit on an 8% industry growth. Currently trading at FY16E and FY17E P/E of 20.6x and 15.8x resp. 

3)     LT (CMP 1593.5) – It is the proxy to the India’s capex cycle & best way to play the India’s infrastructure boom. Strong BS, robust order book and easing of interest rate cycle is likely to lead to strong earnings growth going forward. Recent defense orders and tie-up with Areva for power further strengthen the investment case.

4)     Sun Pharma (CMP 956.5) – Sun Pharma's strong presence in chronic space for domestic business, significant ANDA pipeline in the US post Ranbaxy acquisition (with a pipeline of 184 ANDAs including high-value FTFs) and robust growth in Taro sales reflected in consistent performance and better margin and return profile. The merged entity has become 5th largest global specialty generic pharma company, have operations in 65 nations, 47 manufacturing facilities across 5 continents

5)     Yes Bank (CMP 844.2) – It is a major beneficiary of fall in interest rate as it relies heavily on bulk deposits. Besides, the bank is mobilizing strong CASA and retail deposits which shall provide granularity and keep its cost of fund under check. Its NIM is set to improve from 3.2% now to 3.5% by FY17E which shall support 25%+ PAT growth for next couple of years. 

6)     Blue Dart (CMP 6555.5) – Co reported 43% growth in EBIDTA in Q4. E-Com business is expected to have growth by 75% in Q4 taking it’s share in overall business to 25%. E-Com to be focus area in foreseeable future. Rolling out 40 E-fulfilment centres starting Q1FY16 for E Com companies. Adding a 7^th aircraft to it’s fleet. Enjoys mkt share of 53% in the air express delivery, and is a fast emerging formidable player in the road segment (market share of 17%)

7)     GPPL (CMP 216.0) – One of the best plays in the private port space. Coal prices have reached lows of $60 which augurs well as coal volumes are likely to catch up. Dollar has also strengthened which is likely to boost its realizations. Ramp up in liquid volumes will further boost the margin of the company and in turn boost profitability

8)     Kansai (CMP 223.0) – One of the largest paint suppliers to the Indian automotive sector. Outlook on PV finally seems to be on the improving trend led by better consumer sentiment and ‘pent-up’ demand. The sentiments will get further boost from likely decline in interest rates and moderation in domestic fuel prices, leading to lower cost of ownership and cost of running the vehicle. Lower Crude prices help co report 34% growth in bottomline in Q4. Margins likely to sustain. At CMP, the company is trading at P/E of 31.2x and 24.3x FY16E and FY17E earnings resp.

9)     Gabriel (CMP 80.4) – Part of Anand Group, is one of the major player in Shock Absorbers & Ride Control segment. A balanced and a diversified portfolio from segment, customer concentration, geography perspective. With good presence in both OEM and aftermarket, Gabriel is now looking to grow its export portfolio. At the CMP of 78, valuations are not demanding and we can expect a decent upside  

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

NIFTY AT BOTTOM????

 

-> RSI making positive divergences in last 3 bottoms.

-> RSI is at oversold levels similar to previous bottoms in last 1 year.

-> This is a classical divergence and low risk entry point for medium term.

-> Shorter term trendline from recent lows gives a zone of 8000-8100 as support.

-> Dollex 30 has been one chart which has helped spot the major trend changes and supports in much easier way.

-> Dollex 30 closed at 3357 on Election Day. Also in the last 1 year it has made lows around the 3350-3400 mark.

-> All the lows equivalent to Nifty 7200/7540/7960 were closer to the 3400 mark.

-> Dollex 30 is now just 50-70 points away from this zone. Indicating a good entry point.

Strategy –

Medium Term and Positional Traders can buy Nifty at 8078/8118 and add if it dips to 7948-8001.

Stoploss a closing below 7878.

I dont think it will break the bottom i mean low of this week 7997 above 8400 it will confirm for more big targets.

This could also be a good time to accumulate large cap stock with a medium to long term view. Will keep sending the top bets in coming days.

A non leverage trader can also buy Nifty BEES and Junior Bees.

Lets hope markets move in the direction our money is placed !! Please do your own research and risk management. Consider above post as educational or timepass :)
 

Morning update (07/05/2015) – Key ideas to watch out for today

News	Key takeaways	Implications	Companies
GST bill passed in Lok Sabha	The GST bill was passed in Lok Sabha yesterday. After the Lok Sabha cleared the Goods and Services Tax (GST) Bill on Wednesday, all eyes are on the Rajya Sabha which poses the real test because the government does not have a majority there. As per media reports, the Bill which is likely to come up in the upper House on today is likely to be cleared in Rajya Sabha as well because of an intense outreach effort by the government. We believe this to be a litmus test for the government in RajyaSabha. If the bill is passed in the RajyaSabha it will be positive for the overall markets in the short to medium term	Short to medium term	Overall markets (+ve)

 Long Term Investment Ideas

 

Sector	Recommendation
Auto	Maruti, M&M, Bajaj Auto
Banking & Financials	HDFC Bank, HDFC Ltd
FMCG	ITC, Tata Global, Pidilite, Godrej Con, Emami, Dabur
Mining & Energy	NMDC, Cairn India, Coal India, Hindustan Zinc, NTPC
Pharma	Sun Pharma
IT & Telecom	MindTree, KPIT Tech, Infosys, Tech Mahindra & Bharti Airtel
Mid Cap	PVR, Zee Entertainment, GPPL, Titan

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

STAR WILL BE A STAR

STAR IN THIS MONTH ONLY CAN GIVE BIG BIG BOUNCE PLEASE BUY IN DIPS CMP 975 TGT IS BIGGIEEEEEEE

ONE CAN BUY STAR 1100 OPTIONS TOO AROUND 17 FOR TGT OF 77 AND MORE NO SL JUST HOLD IT TIGHTLY~~~!!

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

NATURAL GAS VIEW:-

NYMEX NATURAL GAS MAY (CMP 2.80): FROM THE ABOVE DAILY CHART WE CAN SEE PRICES WERE MOVING IN A DOWNWARD CHANNEL FROM PAST FEW MONTHS AND RECENTLY PRICES HAVE BROKEN ABOVE (Tl) TREND LINE WHICH IS A POSITIVE INDICATION. PRICES HAVE BROKEN OUT FROM THE FALLING WEDGE PATTERN COUPLED WITH A BULLISH DIVERGENCE IN MACD, WHICH INDICATES THAT WE COULD SEE A POSITIVE MOMENTUM IN PRICES IN SHORT TO MEDIUM TERM AND PRICES COULD EDGE HIGHER TOWARDS 3.20/3.40 LEVELS. MACD IN THE DAILY CHART HAVE CROSSED ABOVE THE ZERO LINE IN THE INDICATOR SUGGESTING BULLISHNESS. ONLY A CROSS BELOW THE ZERO LINE WOULD SUGGEST BEARISHNESS. PRICES HAVE CLOSED ABOVE THE SHORT TERM 8 DAY EMA AT 2.7018 INDICATING SHORT TERM BULLISHNESS AND ARE ALSO ABOVE THE 20DAY EMA AT 2.6536 AND ABOVE THE 50 DAY EMA AT 2.7074 INDICATING BULLISHNESS IN MEDIUM TERM AS WELL. RSI IS TRADING ABOVE THE 50 MARK INDICATING BULLISHNESS.

FROM THE ABOVE ANALYSIS I SUGGEST BUYING IN NATURL GAS AT CMP 2.80 AND ON DIPS TOO 2.70/2.65 FOR THE TRAGTES OF 3.20--3.40. RISK WILL BE AT 2.50 AND MAXIMUM STOP LOSS SHOULD BE AT 2.40.

IN DOMESTIC MARKET I SUGGEST BUYING AT 178.30 AND ON DIPS TO 170-165 FOR TARGET OF 199-214,RISK WILL BE AT 157.90 MAXIMUM SL SHOULD BE AT 153.90.   

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!