Month: October 2017

Mahindra Logistics Limited IPO (Mahindra Logistics IPO) Detail

Posted on by Hiren Kamani

mahindra_logistics

Mahindra Logistics Incorporated in 2008, Mahindra Logistics is one of India’s largest third-party logistics solutions providers in the India. Mahindra Logistics Limited is end-to-end logistics solution and service provider which was estimated at INR6.40 trillion in Fiscal 2017

Mahindra Logistics is part of Mahindra Group (M&M), one of India's leading corporate groups with operations across several industries and countries. Before 2008 the logistics business of M&M was operated as a division of M&M serving the transportation and distribution, warehousing and in-factory logistics requirements of M&M.

Mahindra Logistics offers logistics solutions and services, including transportation, distribution, warehousing, in-factory logistics and value-added services, to over 350 clients through 24 city offices.

On performance front, Mahindra Logistics has (on a consolidated basis) reported revenue/net profits of Rs. 1939.56 cr. / Rs. 38.52 cr. (FY15), Rs. 2077.13 cr. / Rs. 35.97 cr. (FY16), Rs. 2676.25 cr. / Rs. 46.07 cr. (FY17). For Q1 of current fiscal it has posted net profit of Rs. 15.13 crore on total revenue of Rs. 854.46 crore.

Objects of the Issue:

The objects of the Offer are:

1. To achieve the benefits of listing the Equity Shares on the Stock Exchanges and

2. For the Offer for Sale.

Issue Detail:

Issue Open: Oct 31, 2017 – Nov 2, 2017

Issue Type: Book Built Issue IPO

Issue Size: 19,332,346 Equity Shares of Rs 10 aggregating up to Rs 829.36 Cr

Offer for Sale of 19,332,346 Equity Shares of Rs 10 aggregating up to Rs [.] Cr

Face Value: Rs 10 Per Equity Share

Issue Price: Rs 425 – Rs 429 Per Equity Share

Market Lot: 34 Shares

Minimum Order Quantity: 34 Shares

Listing At: BSE, NSE

 

FreeStockAnalysis Cipla Limited,Interglobe Aviation Ltd,Oil India Limited,ACC Ltd

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Cipla Limited

Buy Cipla Limited at / above 631.26 Target 637.24 – 643.56 – 649.92 – 656.31

Stop loss — 625

Sell Cipla Limited at / below 625 Target 619.07 – 612.86 – 606.69 – 600.55

Stop loss — 631.26

 

Intraday Trading Strategy – 2


Interglobe Aviation Ltd

Buy Interglobe Aviation Ltd at / above 1233.76 Target 1241.94 – 1250.76 – 1259.61 – 1268.5

Stop loss — 1225

Sell Interglobe Aviation Ltd at / below 1225 Target 1216.87 – 1208.16 – 1199.49 – 1190.84

Stop loss — 1233.76

 

Intraday Trading Strategy – 3


Oil India Limited

Buy Oil India Limited at / above 375.39 Target 380.05 – 384.94 – 389.86 – 394.81

Stop loss — 370.56

Sell Oil India Limited at / below 370.56 Target 365.94 – 361.18 – 356.44 – 351.73

Stop loss — 375.39

 

Intraday Trading Strategy – 4


ACC Ltd

Buy ACC Ltd at / above 1827.56 Target 1837.34 – 1848.07 – 1858.83 – 1869.62

Stop loss — 1816.89

Sell ACC Ltd at / below 1816.89 Target 1807.15 – 1796.53 – 1785.95 – 1775.4

Stop loss — 1827.56

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Cipla Limited,Interglobe Aviation Ltd,Oil India Limited,ACC Ltd 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 Tata Global Beverages Limited,Tata Metaliks Limited,ICICI Bank Ltd,Bharat Electronics Ltd

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Tata Global Beverages Limited

Buy Tata Global Beverages Limited at / above 225 Target 228.65 – 232.44 – 236.27 – 240.12

Stop loss — 221.26

Sell Tata Global Beverages Limited at / below 221.26 Target 217.67 – 213.99 – 210.35 – 206.74

Stop loss — 225

 

Intraday Trading Strategy – 2


Tata Metaliks Limited

Buy Tata Metaliks Limited at / above 749.39 Target 755.87 – 762.75 – 769.67 – 776.62

Stop loss — 742.56

Sell Tata Metaliks Limited at / below 742.56 Target 736.13 – 729.36 – 722.62 – 715.92

Stop loss — 749.39

 

Intraday Trading Strategy – 3


ICICI Bank Ltd

Buy ICICI Bank Ltd at / above 306.25 Target 310.48 – 314.9 – 319.35 – 323.83

Stop loss — 301.89

Sell ICICI Bank Ltd at / below 301.89 Target 297.71 – 293.41 – 289.14 – 284.9

Stop loss — 306.25

 

Intraday Trading Strategy – 4


Bharat Electronics Ltd

Buy Bharat Electronics Ltd at / above 172.26 Target 175.47 – 178.8 – 182.15 – 185.54

Stop loss — 169

Sell Bharat Electronics Ltd at / below 169 Target 165.84 – 162.64 – 159.47 – 156.32

Stop loss — 172.26

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Tata Global Beverages Limited,Tata Metaliks Limited,ICICI Bank Ltd,Bharat Electronics Ltd 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 NMDC Limited,Titan Company Limited,Biocon Limited,Bharat Petroleum Corporation Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


NMDC Limited

Buy NMDC Limited at / above 129.39 Target 132.18 – 135.07 – 137.99 – 140.94

Stop loss — 126.56

Sell NMDC Limited at / below 126.56 Target 123.82 – 121.06 – 118.32 – 115.62

Stop loss — 129.39

 

Intraday Trading Strategy – 2


Titan Company Limited

Buy Titan Company Limited at / above 588.06 Target 593.84 – 599.94 – 606.08 – 612.25

Stop loss — 582.01

Sell Titan Company Limited at / below 582.01 Target 576.28 – 570.3 – 564.34 – 558.41

Stop loss — 588.06

 

Intraday Trading Strategy – 3


Biocon Limited

Buy Biocon Limited at / above 375.39 Target 380.05 – 384.94 – 389.86 – 394.81

Stop loss — 370.56

Sell Biocon Limited at / below 370.56 Target 365.94 – 361.18 – 356.44 – 351.73

Stop loss — 375.39

 

Intraday Trading Strategy – 4


Bharat Petroleum Corporation Limited

Buy Bharat Petroleum Corporation Limited at / above 540.56 Target 546.11 – 551.97 – 557.86 – 563.78

Stop loss — 534.76

Sell Bharat Petroleum Corporation Limited at / below 534.76 Target 529.26 – 523.52 – 517.82 – 512.14

Stop loss — 540.56

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis NMDC Limited,Titan Company Limited,Biocon Limited,Bharat Petroleum Corporation 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 Century Textile and Industries Ltd,TVS Motor Company Limited,Cipla Limited,Bharat Forge Limited

Posted on by Hiren Kamani

Intraday Trading Strategy – 1


Century Textile and Industries Ltd

Buy Century Textile and Industries Ltd at / above 1369 Target 1377.57 – 1386.86 – 1396.19 – 1405.54

Stop loss — 1359.76

Sell Century Textile and Industries Ltd at / below 1359.76 Target 1351.23 – 1342.06 – 1332.91 – 1323.8

Stop loss — 1369

 

Intraday Trading Strategy – 2


TVS Motor Company Limited

Buy TVS Motor Company Limited at / above 695.64 Target 701.89 – 708.53 – 715.2 – 721.9

Stop loss — 689.06

Sell TVS Motor Company Limited at / below 689.06 Target 682.85 – 676.33 – 669.85 – 663.39

Stop loss — 695.64

 

Intraday Trading Strategy – 3


Cipla Limited

Buy Cipla Limited at / above 594.14 Target 599.94 – 606.08 – 612.25 – 618.45

Stop loss — 588.06

Sell Cipla Limited at / below 588.06 Target 582.3 – 576.28 – 570.3 – 564.34

Stop loss — 594.14

 

Intraday Trading Strategy – 4


Bharat Forge Limited

Buy Bharat Forge Limited at / above 663.06 Target 669.18 – 675.66 – 682.17 – 688.71

Stop loss — 656.64

Sell Bharat Forge Limited at / below 656.64 Target 650.57 – 644.21 – 637.88 – 631.58

Stop loss — 663.06

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Century Textile and Industries Ltd,TVS Motor Company Limited,Cipla Limited,Bharat Forge 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.