Month: April 2016

Ujjivan Financial Services Ltd

Posted on by Hiren Kamani

Ujjivan Financial Services LtdUjjivan Financial Services Ltd  Incorporated in 2005, Ujjivan Financial Services Ltd is an Indian microfinance services company primarily based on the joint liability group lending model for providing collateral free, small ticket-size loans to economically active poor women. They also offer individual loans to Micro & Small Enterprises ("MSEs").

Ujjivan Financial Services Ltd  offer group loans and individual loan as per their customer requirements. That includes agricultural, education, home improvement, and home purchase and livestock loans. In addition to loan products, they also provide non-credit offerings comprising of life insurance products, in partnership with insurance providers such as Baja Allianz Life Insurance, Kotak Mahindra Life Insurance, and HDFC Life Insurance Company Ltd.

Ujjivan Financial Services Ltd operations are spread across 24 states and union territories, and 209 districts across India. Serve over 2.77 million active customers through our 469 branches and 7,786 employees.

Company Promoters:

Ujjivan Financial Services Ltd is a professionally managed company and does not have an identifiable promoter either in terms of the SEBI ICDR Regulations or the Companies Act, 2013. Consequently, it has no 'promoter group' in terms of the SEBI ICDR Regulations.

Objects of the Issue:

The object of the issue is to:

1. Augmenting capital base to meet future capital requirements;
2. General corporate purpose.

Issue Detail:

  »»  Issue Open: Apr 28, 2016 – May 2, 2016
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 42,270,760 Equity Shares of Rs 10 aggregating up to Rs 887.69 Cr
    ›  Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 358.16 Cr
    ›  Offer for Sale of 24,968,332 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs. 207 – Rs. 210 Per Equity Share
  »»  Market Lot: 70 Shares
  »»  Minimum Order Quantity: 70 Shares
  »»  Listing At: BSE, NSE

The Initial Public Offer of Ujjivan Financial comprise of:

  1. A fresh issue of up to (*) equity shares aggregating up to Rs. 358.16 Crores and
  2. An offer for sale up to 24,968,332 equity shares aggregating up to Rs. [*] Crores

 

FreeStockAnalysis Motherson Sumi Systems Limited,Jubilant Life Sciences Limited,WIPRO,HDFC Bank Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Motherson Sumi Systems Limited

Buy Motherson Sumi Systems Limited at / above 264.06 Target 268 – 272.11 – 276.25 – 280.42

Stop loss — 260.01

Sell Motherson Sumi Systems Limited at / below 260.01 Target 256.12 – 252.14 – 248.18 – 244.26

Stop loss — 264.06

 

Intraday Trading Strategy – 2


Jubilant Life Sciences Limited

Buy Jubilant Life Sciences Limited at / above 405.01 Target 409.85 – 414.93 – 420.03 – 425.17

Stop loss — 400

Sell Jubilant Life Sciences Limited at / below 400 Target 395.21 – 390.25 – 385.33 – 380.44

Stop loss — 405.01

 

Intraday Trading Strategy – 3


WIPRO

Buy WIPRO at / above 558.14 Target 563.78 – 569.73 – 575.71 – 581.72

Stop loss — 552.25

Sell WIPRO at / below 552.25 Target 546.66 – 540.83 – 535.03 – 529.26

Stop loss — 558.14

 

Intraday Trading Strategy – 4


HDFC Bank Limited

Buy HDFC Bank Limited at / above 1122.25 Target 1130.07 – 1138.49 – 1146.94 – 1155.42

Stop loss — 1113.89

Sell HDFC Bank Limited at / below 1113.89 Target 1106.11 – 1097.81 – 1089.54 – 1081.3

Stop loss — 1122.25

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Motherson Sumi Systems Limited,Jubilant Life Sciences Limited,WIPRO,HDFC Bank Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

FreeStockAnalysis ITC Limited,Axis Bank Limited,CESC Limited,Lupin Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


ITC Limited

Buy ITC Limited at / above 324 Target 328.35 – 332.89 – 337.47 – 342.07

Stop loss — 319.51

Sell ITC Limited at / below 319.51 Target 315.22 – 310.79 – 306.4 – 302.04

Stop loss — 324

 

Intraday Trading Strategy – 2


Axis Bank Limited

Buy Axis Bank Limited at / above 473.06 Target 478.27 – 483.75 – 489.27 – 494.81

Stop loss — 467.64

Sell Axis Bank Limited at / below 467.64 Target 462.48 – 457.11 – 451.78 – 446.48

Stop loss — 473.06

 

Intraday Trading Strategy – 3


CESC Limited

Buy CESC Limited at / above 552.25 Target 557.86 – 563.78 – 569.73 – 575.71

Stop loss — 546.39

Sell CESC Limited at / below 546.39 Target 540.83 – 535.03 – 529.26 – 523.52

Stop loss — 552.25

 

Intraday Trading Strategy – 4


Lupin Limited

Buy Lupin Limited at / above 1540.56 Target 1549.61 – 1559.46 – 1569.35 – 1579.27

Stop loss — 1530.76

Sell Lupin Limited at / below 1530.76 Target 1521.76 – 1512.02 – 1502.31 – 1492.63

Stop loss — 1540.56

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis ITC Limited,Axis Bank Limited,CESC Limited,Lupin Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

FreeStockAnalysis Havells India Limited,LIC Housing Finance Limited,Reliance Infrastructure Limited,Aurobindo Pharma Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Havells India Limited

Buy Havells India Limited at / above 342.25 Target 346.71 – 351.38 – 356.08 – 360.81

Stop loss — 337.64

Sell Havells India Limited at / below 337.64 Target 333.22 – 328.67 – 324.16 – 319.67

Stop loss — 342.25

 

Intraday Trading Strategy – 2


LIC Housing Finance Limited

Buy LIC Housing Finance Limited at / above 462.25 Target 467.4 – 472.82 – 478.27 – 483.75

Stop loss — 456.89

Sell LIC Housing Finance Limited at / below 456.89 Target 451.78 – 446.48 – 441.22 – 435.98

Stop loss — 462.25

 

Intraday Trading Strategy – 3


Reliance Infrastructure Limited

Buy Reliance Infrastructure Limited at / above 558.14 Target 563.78 – 569.73 – 575.71 – 581.72

Stop loss — 552.25

Sell Reliance Infrastructure Limited at / below 552.25 Target 546.66 – 540.83 – 535.03 – 529.26

Stop loss — 558.14

 

Intraday Trading Strategy – 4


Aurobindo Pharma Limited

Buy Aurobindo Pharma Limited at / above 784 Target 790.62 – 797.66 – 804.73 – 811.84

Stop loss — 777.01

Sell Aurobindo Pharma Limited at / below 777.01 Target 770.44 – 763.52 – 756.62 – 749.76

Stop loss — 784

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Havells India Limited,LIC Housing Finance Limited,Reliance Infrastructure Limited,Aurobindo Pharma Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

Ruchira Papers Ltd – consistent growth (Recommended on 22/11/2014)

Posted on by Hiren Kamani

ruchira Ruchira Papers is engaged in the manufacturing of Kraft Paper and Writing & Printing Paper. Kraft Paper finds its application in the packaging Industry especially for making Corrugated Boxes / Cartons and for other packaging requirements. The special feature of its Kraft Paper is load bearing Capacity and tensile Strength which makes its most suitable for Corrugated packing application. Writing & Printing Paper is used for multiple purposes. Ruchira Papers has been maintaining pace with the changing technology in the Paper Industry. Since the start of Commercial production in 1983, Ruchira Papers has been regularly upgrading its Works. The ever_ increasing demand for Writing and Printing paper in domestic as well as international markets has thrown up a plethora of opportunities to the Company to diversify into Writing and Printing paper segment. Ruchira Papers is Recommended at 27 Rs on 22/11/2014 one can still enter at CMP 75 Rs.

Current Price

Market Cap: 166.47 Corers

Stock P/E: 8.70

Dividend Yield: 1.75%

Book Value: 53.84

Stock is 10.00 paid up Listed on BSE & NSE Compared to peer group this is the finest stock and available quiet attractive rate. One must invest for massive return in this stock for long term. Below is the annual report of the Ruchira Papers.   

ruchira paper   

FreeStockAnalysis Rural Electrification Corporation Limited,Indian Oil Corporation Limited,Jet Airways Limited,HDFC Bank Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Rural Electrification Corporation Limited

Buy Rural Electrification Corporation Limited at / above 169 Target 172.17 – 175.47 – 178.8 – 182.15

Stop loss — 165.76

Sell Rural Electrification Corporation Limited at / below 165.76 Target 162.64 – 159.47 – 156.32 – 153.21

Stop loss — 169

 

Intraday Trading Strategy – 2


Indian Oil Corporation Limited

Buy Indian Oil Corporation Limited at / above 425.39 Target 430.34 – 435.54 – 440.77 – 446.04

Stop loss — 420.25

Sell Indian Oil Corporation Limited at / below 420.25 Target 415.34 – 410.26 – 405.21 – 400.2

Stop loss — 425.39

 

Intraday Trading Strategy – 3


Jet Airways Limited

Buy Jet Airways Limited at / above 618.76 Target 624.68 – 630.94 – 637.24 – 643.56

Stop loss — 612.56

Sell Jet Airways Limited at / below 612.56 Target 606.69 – 600.55 – 594.43 – 588.35

Stop loss — 618.76

 

Intraday Trading Strategy – 4


HDFC Bank Limited

Buy HDFC Bank Limited at / above 1097.26 Target 1105 – 1113.33 – 1121.68 – 1130.07

Stop loss — 1089

Sell HDFC Bank Limited at / below 1089 Target 1081.3 – 1073.09 – 1064.92 – 1056.77

Stop loss — 1097.26

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Rural Electrification Corporation Limited,Indian Oil Corporation Limited,Jet Airways Limited,HDFC Bank Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

FreeStockAnalysis Dabur India Limited,Tata Motors Limited,Wipro Limited,Just Dial Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Dabur India Limited

Buy Dabur India Limited at / above 268.14 Target 272.11 – 276.25 – 280.42 – 284.62

Stop loss — 264.06

Sell Dabur India Limited at / below 264.06 Target 260.14 – 256.12 – 252.14 – 248.18

Stop loss — 268.14

 

Intraday Trading Strategy – 2


Tata Motors Limited

Buy Tata Motors Limited at / above 405.01 Target 409.85 – 414.93 – 420.03 – 425.17

Stop loss — 400

Sell Tata Motors Limited at / below 400 Target 395.21 – 390.25 – 385.33 – 380.44

Stop loss — 405.01

 

Intraday Trading Strategy – 3


Wipro Limited

Buy Wipro Limited at / above 606.39 Target 612.25 – 618.45 – 624.68 – 630.94

Stop loss — 600.25

Sell Wipro Limited at / below 600.25 Target 594.43 – 588.35 – 582.3 – 576.28

Stop loss — 606.39

 

Intraday Trading Strategy – 4


Just Dial Limited

Buy Just Dial Limited at / above 885.06 Target 892.06 – 899.55 – 907.06 – 914.6

Stop loss — 877.64

Sell Just Dial Limited at / below 877.64 Target 870.68 – 863.32 – 855.99 – 848.68

Stop loss — 885.06

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Dabur India Limited,Tata Motors Limited,Wipro Limited,Just Dial Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.