What was it???? Shocking...... :P Kya chal raha hai market main... ;-)

I found some very interesting things to share with you all.

Company suspended…….

Not traded for last 30 days on BSE and not listed on NSE......

Buyers—Sellers—Volumes….. Shocked!!!!!! 

I also got shocked because 1.24 close and 680.10 was open price…….

  

Next Day, No buyers – No sellers – No Volume……

How it can be possible????

My mind got stuck.......

;-) :-) :P

Update: Bajaj Corp

I had recommended Bajaj Corp as an investment advice on 18th May,2014. Now, Book partial (50%) profit at CMP of 245.

Keep further position open with more 5-7% upside expectation.

For detail visit:
http://jdrkz.blogspot.in/2014/05/bajaj-corp-ltd.html

CLARIS LIFESCIENCES LTD.

Claris Lifesciences Ltd. is in process of buy back of 15% of the total number of Equity shares which held by the investors to the buyback price of Rs.250. This process will complete on 22th may, 2014. I am expecting effect in price and recommending to “BUY” Claris Lifesciences Ltd. With target of 190-200. 

BAJAJ CORP LTD.

BAJAJ CORP LTD.

Bajaj Corp incorporated on 25^th April, 2006 but its products have been in existence since 1953 and were sold by different Bajaj group companies. The company is in manufacturing of hair-oils and its key products are Bajaj Almond Drops, a premium brand that is currently the market leader in the light hair oil segment.

The company manufactures its products at company-operated facilities in Parwanoo, Dehradun and Paonta Sahib.

Industry Overview

Company Overview

Products of Company

Source: Company’s investors’ presentation

Investment Rationale

Ø Increasing in rural wages: Wages in rural India have grown at fastest during 2008-13 at the annual rate of 8%.  Increase in rural income spending of them increasing. Also urbanization of rural area helps to increase sales of FMCG companies.   

Source: CII rural report      

Ø Product Range: Company has major hair oil products in its products portfolio and recently company diversified it to face cream segment by acquisition of Nomarks brand.

Ø Increase market share in Bajaj Almond Drop, which is premium brand of the company. For increasing market share, company never have to sacrifices its pricing power. Nomarks brand also start contributing to revenue of the company, and in FY14 Nomarks has contributed 2.4% to the company revenue. 

Source: Company’s investors’ presentation

Ø Strong Performance: From 5 years, company has generated positive cash flow from operating activities. Company has recorded CAGR Net Sales and Net Profit of 19.94% and 28.74% respectively in last 5 years. Average 5 years ROE (%) of company is 98.05%. Cash Conversion Cycle of Bajaj Corp is -6.97 days in FY13 which is low compare to Cash Conversion Cycle of Marico and Dabur which is 38.91 days and 35.81 days respectively.

Ø Total debt/Equity was 0 in FY13 and Interest coverage 2544.18x in FY13. Company has taken nominal debt in FY14 for acquiring Nomarks brand.

Risks

Ø Strong Competition: Company facing competition with Marico in Hair oil segment. Parachute of Marico is leader in coconut hair oil, company also facing competition with Dabur amla of Dabur India Ltd. Though strong competition in hair oil segment, Bajaj Corp positioning leader market share in Light Hair Oil segment.

Outlook

Ø Bajaj Corp Ltd. has leading market share in Almond drop hair oil and also leading market share in Light hair oil segment. Company has included Nomarks brand in product portfolio which contributing value to company’s revenue. After acquiring Nomarks brand company’s products portfolio not only remain limited to hair oil segments.

Ø Currently company trading at TTM PE of 21.00x and TTM EPS of Rs.10.10, and it’s expected that TTM PE of 22.40x and TTM EPS of Rs.10.78-11 so that upside in this stock can be Rs.240-250 so accumulate “Bajaj Corp Ltd.” for the horizon of 15-18 months.

WONDERLA HOLIDAYS IPO: SUBSCRIBE

Wonderla Holidays Limited

The company has an established presence in South, which will be expanded further in the south region. Company planning to enter Chennai after Hyderabad. Besides this its has many advantages like near to debt-free company, strong and experienced management, strong positioned for amusement parks, robust financial performance, in-house manufacturing facility, etc. At the price band of Rs.115-125, the company is quoted at 14.38x and 15.63x on its FY13 EPS of Rs.8.00.

I, Jimit R. Zaveri recommend investors to “SUBSCRIBE” the Wonderla Holidays Ltd IPO considering it’s strong and experienced management, strong positioned for amusement parks, robust financial performance, in-house manufacturing facility at Wonderla Kochi and long term gorwth opportunity in the amusement parks industries on the back of spending for leisure activities and for amusement parks by people in India.

Wonderla Holidays IPO: SUBSCRIBE

WonderLa’s FY13 EPS is about Rs. 8 and at Rs. 125, the PE of 15.63x which is looking attractive at issue price band. One can apply in the issue based on strong fundamental such as Operational experience in the amusement park industry, In-house manufacturing facility at Wonderla Kochi, High profit margins, High safety and hygiene standards, Experienced promoters, management and qualified staff, Entry Barriers and Constantly innovate new attractions at our amusement parks.

The company’s Promoter, Kochouseph Chittilappilly in the year 1996 incorporated V-Guard Industries. Also key management personnel information George Joseph (Chairman, Non-Executive Director (Independent)) serving as director at Muthoot Finance Limited, Ramachandran Panjan Moothedath (Non-Executive Director (Independent)) serving as director at Jyothy Laboratories Limited, Jyothy Consumer Products Limited.

On above strong investment rationale and reasonable valuations, I recommending investors to “SUBSCRIBE” Wonderla Holidays-IPO.   

Detail report will be soon updated.

Visit For Further Details,

http://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=803&type=IPO&status=L&idtype=1&IPONo=864

INFOSYS Q4FY14 Result Update

Infosys Ltd.- Q4FY14 Consolidated- Net Profit Rs.2992 cr in Q4FY14 v/s Rs.2394 cr in Q4FY13., up by 24.98% (Y-o-Y).
Revenue- Rs. 12875cr in Q4FY14 v/s Rs.10454 cr in Q4FY13, up by 23.16% (Y-o-Y).

Net Profit- Rs.2992cr in Q4FY14 v/s Rs.2875cr in Q3FY14, up by 4.07%. (Q-o-Q).
Revenue- Rs.12875cr in Q4FY14 v/s Rs.13026cr in Q3FY14,Down by -1.16% (Q-o-Q).

Infosys declares final dividend of Rs 43/share.
Guidence- FY15 revenue expected to grow by 7%-9% in US$ terms.


INFOSYS Q4FY14