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Balkrishna Industries Ltd's Q2FY19 standalone net profit rises 10% yoy to Rs222cr The company’s standalone revenue stood at Rs1,325cr, up 19% yoy Mumbai-based Balkrishna Industries is engaged in offering pneumatic tires. The company offers tires, tubes and tire flaps. It focuses on manufacture of a range of off-highway tires (OHT). These tires are mainly meant for agricultural, industrial and construction, earthmover and port, mining, forestry, lawn and garden and all-terrain vehicles (ATV). Its products include AGRIMAX RT 855, PL 801, EARTHMAX SR 41, EM 934, AGRIMAX TERIS and EARTHMAX SR 30, among others. The Tyre company reported 10% year-on-year (Y-o-Y) growth in its standalone net profit at Rs 2.22 billion in Q2FY19. It had a profit of Rs 2.03 billion in a year ago quarter. Operational revenue during the quarter under review grew 19% at Rs 13.25 billion over the previous year quarter. Other income rose four-fold at Rs 444 million from Rs 100 mil...

Unite d Spirits Ltd  ( NSE: MCDOWELL-N) - SHORT TERM MULTIBAGGER Buy at CMP - 664, Targets - 750- 880, Time Frame - 3 months to 9 months, SL-615 TRIGGERS: 1) United Sprits has accuired 26% stake in HipBar which is an e-commerce application to boost it sales  The company has subscribed to 4,567,568 equity shares of Hip Bar at Rs 59.11 per equity share, United Spirits Ltd   Hip Bar, which serves the needs of beverage alcohol industry and its consumers through the HipBar Mobile Wallet and delivery app, had a turnover of Rs 8,108 in the financial year ended March 31, 2017. Its net worth was at Rs 3,81,45,431, the filing added. HipBar's platform should provide growth opportunities for its on-line, ecommerce route to market. 2) The company's Q4FY18 net profit was at Rs 211 crore against loss of Rs 104 crore in a year ago period, Bumper Q1FY18 is expected  Revenue from operation rose 6.4 percent at Rs 6900.4 cror...

Short term Multibagger  Buy at CMP - 908 , Targets 965-995, Time frame 5-12 Months, Add in all dips  TRIGGERS #Premium Segment Vehicle TUV300 plus is launched and Super Sales is expected #Robust Sales numbers are Expected for Q1 FY18,  M&M expects 8-10 percent growth in tractor sales and 10-12 percent growth in commercial vehicle sales in the current financial  year #Monsoon and pickup in infrastructure spends will drive sales growth #Tractor sales in the current quarter is expected to grow #Stock is ready to break its 52 week high of 933 soon #M&M to invest Rs 500 cr in Chakan plant to expand ELectric Vehicle portfolio #Maintains rank 17 in Fortune 500 companies #Company expects the announcement of record production estimates for food grains and horticulture crops  which will drive positive sentiments and boost tractor demand Mahindra and Mahindra is a part of  US $20.7 billion multinational group...

Cholamandalam Investment and Finance Company Ltd.                      ​( Short Term Multibagger)  Buy at CMP 1611, Targets - 1665-1770, Time Frame - 3 to 9 months ​ TRIGGERS : 1) Cholamandalam Investment & Finance Company Ltd's Q4FY18 standalone net profit has increased by 32.54% yoy to Rs291cr which is much above the Estimated profits and Company   is expected to deliver 24% earnings CAGR over  FY18-20E, led by Asset Under Management growth at 19.5% CAGR and improvement in asset quality, valuing at 3.8x FY20E Price to book value.  The company’s standalone Net Interest Income stood at Rs917.50cr, up 35.83% yoy and 15.7% qoq 2)  Cholamandalam Investment to set-up housing finance company which will boost the Net Interest Income  3) Strong Fundamentals with regular Dividends every 6 months, 20% Foreign Promotor Holding  ​ ​ ​ C...

SHORT TERM MULTIBAGGER MANTRA WITH REGULAR DIVIDENDS  - ADD IN ALL DIPS   ​​ Godrej Industries  is an Indian manufacturer of  oleochemicals  for use in over various industries.  It also manufactures edible oils,  vanaspati and bakery fats. In addition, it operates real estate. Godrej Industries (Chemicals Division) has its headquarters in  Mumbai , India, and bases in 40 countries; it exports to more than 60 countries. Godrej Industries is one of the Godrej Group's holding companies. They have significant interests in consumer goods, real estate, agriculture and gourmet retail through our subsidiary and associate companies, across 18 countries. Godrej Consumer Products   is an emerging markets FMCG leader, delighting consumers with innovative, superior quality products at affordable prices.   Godrej Properties   brings innovation and excellence to the real estate industry in India, delivering superior value through ...

Buy at CMP - 1232, Targets - 1390- 1420, Time Frame - 5 to 12 Months, SL- 1165 Established in 1989, Tata Elxsi is a design company that blends technology, creativity and engineering to help customers transform ideas into world-class products and solutions. It has a global presence across US, Europe, APAC and Japan. A part of the $100 billion Tata group and a listed company, Tata Elxsi addresses the communications, consumer products, defence, health care, media and entertainment, semiconductor and transportation sectors. It is supported by a talent pool of over 4,000 employees and a network of design studios, development centres and offices worldwide. Category No. of shares Percentage Promoters 27,755,264 44.57 GeneralPublic 20,417,854 32.79 ForeignInstitutions 5,764,502 9.26 Others 3,957,803 6.36 NBanksMutualFunds 2,895,893 4.65 FinancialInstitutions 1,485,124 2.38 Areas of business Embedded product design : The embedded pr...