Monday, August 29, 2016

IDBI Bank Ltd @70.55

1. IDBI Bank Ltd is a 10 rupee face value Public Sector Bank Company. 

BSE ID : IDBI  
Group / Index: A / S&P BSE 100  
Face value: 10.00  
Security Code: 500116  
ISIN : INE008A01015  
Industry : Banks company.
Short Brief of Company Business: - IDBI Bank Ltd. is today one of India's largest commercial Banks. 
For over 40 years, IDBI Bank has essayed a key nation-building role, first as the apex Development Financial Institution (DFI) (July 1, 1964, to September 30, 2004) in the realm of industry and after that as a full-service commercial Bank (October 1, 2004, onwards). 
As a DFI, the erstwhile IDBI stretched its canvas beyond small project financing to cover an array of services that contributed towards the balanced geographical spread of industries, development of identified backward areas, the emergence of a new spirit of enterprise and evolution of a broad and vibrant capital market. 
On October 1, 2004, the erstwhile IDBI Bank converted into a Banking company (as Industrial Development Bank of India Limited) to undertake the entire gamut of Banking activities while continuing to play its secular DFI role. 
Post the mergers of the erstwhile IDBI Bank with its parent company (IDBI Ltd.) on April 2, 2005 (appointed date: October 1, 2004) and the subsequent merger of the former United Western Bank Ltd. with IDBI Bank on October 3, 2006.
IDBI Bank is the tech-savvy, new generation Bank with majority Government shareholding today touches the lives of millions of Indians through an array of corporate, retail, SME and Agri-products and services.
2. Year high of IDBI Bank Ltd is 95.70 year low was 47.40 and the stock traded at 70.55, Year high/ low ratio is 2.01and when you read my research terms then you may find that generally, I recommended a stock which year high/low ratio is below 2 but this ratio is accepted till 2.5 when company posts good results after year low.
Compare IDBI June2016 and March 2016 Resuletes:-
(in Cr.)Jun-16Mar-16FY15-16
Revenue7,303.216,928.3928,043.10
Net Profit241.10-1,735.81-3,664.80
EPS1.17-9.06-21.77
CAR %------
NPM %3.30-25.05-13.07
So this is the reason that I put this recommendation when year high low ratio is above 2 ( 2.01) 
If you are new reader of my blog and not familiar with my research terms, then please see my research terms at this link
3. Promoters of IDBI Bank Ltd hold 73.98 % stake and No any pledged stocks from promoters ( Govt of India is the promoter of PSU banks like IDBI).
See full list of public shareholding including FII and DII here:-
4.As you already knew that I publish the only dividend paying fundamentally sound stocks on this blog.
IDBI Bank Ltd  is a dividend paying stock, See this past dividend history of IDBI:-
EX DateAmount ()
04 Aug 20150.7500
26 Jun 20140.2800
23 Jan 20140.7300
29 Aug 20133.5000
31 Aug 20121.5000
09 Feb 20122.0000
02 Sep 20113.5000
16 Jul 20103.0000
09 Jul 20092.5000
16 Jul 20082.0000
21 May 20014.5000

5. The base price of IDBI Bank Ltd is 71.13. So at CMP  70.55 IDBI Bank traded 01% below from base price. Download last 3-year price data and graph from this link:-
6. No any bonus issue right issue and bulk deals are recorded in last two years.
7. IDBI Bank Ltd net sale per share of FY 15-16 is 136.20.
8. Net sale per share 136.20  is near two times higher than CMP, so this stock has the chance to become a multi-bagger stock.
9. Book value of IDBI Bank Ltd is 109.05 Book value is also higher than CMP, So in book value term IDBI is a value buy at CMP.
8. Finally, I think IDBI bank is best blue chip stock ( BSE Group A or BSE100 index stock) for the one-year holding horizon.
One Interesting Fact:-
When I publish my 2nd-time recommendation about Hindalco @101.75  on 8 July 2015, then some of my new followers worried when Hindalco touch  58.85 on 12 Feb 2016. 
( However, I already mention in Hindalco research report that when a stock year high/low ratio cross below two then we think more downside will remain.If Hindalco making a fresh year low on 9 July 2015 or 10 July 2015 trading session, then this is a sign of new weakness and in this situation, this is wise to buy Hindalco below 90, and I also buy it below 90) 
Now When 1 year of my recommendation is complete Hindalco traded near 160. 
So  If you buy a stock from my multi-baggers stocks recommendation then do not worried to see temporary falls like Hindalco and Pratibha Industries.
9. 200 DMA of IDBI Bank Ltd is 71.02 So at CMP 70.55 IDBI traded below his 200 DMA but recently this stock give a positive breakout over this 200 DMA.
All DMA's of IDBI:-
Simple Moving Averages
DAYSBSENSE
3070.4270.47
5071.1371.16
15066.6866.68
20070.9570.95

( I notified this breakout through my multibaggers stocks sharegenius app) So I think 71.02 to 70.55 is a slight gap and stock may cross his 200 DMA on Tuesday's trading).
10. Fundamental target price of IDBI Bank Ltd is 94.914 ( Read my book to learn how to calculate fundamental target price of any stock.)IDBI Bank is a high beta stock If you see las15 year price data of IDBI bank then you find that since 2004 every year this stock cross price of INR 91.
11. My recent updates: -  Panama Petro Ltd.
12. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read full disclaimer at the bottom of my blog.
13.Discloser: - I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of IDBI Bank Ltd, so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( IDBI Bank Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(IDBI Bank Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( IDBI Bank Ltd). 6. I have been not engaged in market making activity for the subject company (IDBI Bank Ltd).



Sunday, July 31, 2016

Basant Agro Tech (India) Ltd @ 6.60

1. Basant Agro Tech (India) Ltd is a 1 rupee face value Agribusiness company , Basant Agro Tech (India) Ltd not traded on NSE. 
BSE code:-Security ID : BASANTGL  Group / Index : XD  Face value : 1.00  Security Code : 524687  ISIN : INE473E01021 

Short Brief of Company Business: -  Basant Agro Tech (I) Ltd inception through its public issue in 1990. From then on the company steadily giving the dividend to its shareholders.
Presently, Basant Agro Tech (I) Ltd., has a multi-product portfolio which includes various grades of fertilizer, seeds, and agriculture inputs. Not only have Basant agro-tech (India) ltd set up manufacturing and processing plants in Kaulkhed and Kanheri (Akola), but also boast of a Research and development center at Kaulkhed recognized by Govt. of India.
Basant agro-tech (India)Ltd are now one of the largest producers of OP & hybrid variety of seeds in and around the Vidarbha region of Maharashtra.
Basant agro-tech (India)Ltd Manufacture fertilizer & Seeds with plants located at:
[1] Fertilizer Division With capacity in TPA:
Kaulkhed Akola   ( M.S)
60,000 T.P.A.
Kanheri  Akola     (M.S )
1,20,000 T.P.A.
Sangli                  (M.S)
30,000 T.P.A.
Hospet                ( Karnataka )
45,000 T.P.A.
Neemuch            ( M.P )
75.000  T.P.A
[2] Seed Division:
Kaulkhed  Akola   ( M.S )
R&D Centre with Green House, Poly House  & Bio technology Lab
with all modern & unique equipment
Kanheri  Akola       ( M.S )
Processing Unit
Nagpur                    ( M.S )
Processing Unit
[3] Basant agro-tech (India)Ltd Power Generation:
The company has four windmill for power generation.
 Windmill( Capacity in MW )
1. 1.250
2. 0.600
3. 0.600
4. 0.600
Total 3.050
Basant agro-tech (India)Ltd, fertilizer & seed under the brand name " KRISHI SANJIVANI, " has been extremely Basant agro-tech (India)Ltd accepted by farmers and the company has registering record performance year after year. 
Presently Basant agro-tech (India)Ltd established in Maharashtra, Madhya Pradesh, Chattisgarh, Karnataka and Andhra Pradesh, 
The company is now planning to market its fertilizer in the adjoining states like Rajasthan, UP, Gujarat, etc. All Basant agro-tech (India)Ltd manufacturing units strategically located at the consumption points. Basant agro-tech (India)Ltd Neemuch plant located close to raw material availability as Basant agro-tech (India)Ltd as near the consumption points.
Key Segments
1. Research, development, bio-technology, processing and marketing of hybrid seeds & BT seeds of field and vegetable crops.
2. Manufacturing of NPK Granulated fertilizer and SSP fertilizer.
3. Trading of Chemical fertilizers/Bio fertilizers and seeds.
Basant agro-tech (India)Ltd Strengths
Solid scientific base, competent production wing and professional marketing team are the assets of the company and secret for its success.  Basant agro-tech (India)Ltd have a widespread and loyal distributor network for bulk fertilizer and seeds, which combined with efficient marketing, ensure that Basant agro-tech (India)Ltd presence is very significant in the Agricultural Market, especially in areas like Maharashtra, Madhya Pradesh, Chattisgarh, Gujarat, Karnataka, Andhra Pradesh, and U.P. 
Source: - Company website http://krishisanjivani.com/
2. Year high of Basant Agro Tech (India) is 9.80 year low was 5.31.
The stock traded at 6.60, Year high/ low ratio is below 2.
So the stock is stable for fresh buy. In 2014 when this stock traded @8.00 I warn my investors that they do not buy this stock at 8.00 and suggested to buy near 5.00 because that time year high/low was above 2 read this past avoid recommendation here:-
After viewing above link, you may understand how year high/low formula work because since last two-year investor not gets any return and not stock is ready for return.
If you are new reader of my blog and not familiar with my research terms, then please see my research terms at this link
3. Promoters of Basant Agro Tech (India) hold 54.58% and promoters not pledged any stock.
See full list of public shareholding including FII and DII here:-
4.Basant Agro Tech (India) Ltd pay  regular dividends since 1999, So as per my theory, most of my recommendations are dividend paying, and we get dividends in our holding period, You may also get this year dividend of INR 0.05 per share on 19.09.2016,  See past  few years dividend history here:-
Dividend Declared (  )
EX DateAmount ()
19 Sep 20160.0500
02 Sep 20130.0800
24 Sep 20120.0800
26 Sep 20110.0700
23 Aug 20100.0600
18 Sep 20090.8000
05 Sep 20080.6000
17 Aug 20070.9000
5.The base price of Basant Agro Tech (India) is 6.29 So at CMP Basant agro tech (India)Ltd traded near his base price.
If you read my book, then you knew if we buy 20% below from base price then this is the best value buy. 
So if in any market fall this stock available near 5.03 then this price is the best value buy, but due to it higher fundamental target price of 15.67, I think price of 6.60 to 7.60  is also good for long term buy for a target of 15.67
6. No any bonus issue right issue and bulk deals are recorded in last two year which shows price stability.
7. Basant Agro Tech (India) net sale per share of FY 15-16 is 34.93.
8. Net sale per share 34.93 is five times higher than CMP, so this stock has chance to become a multi-bagger stock
9. Book value of Basant Agro Tech (India) is 11.02. Book value is also higher than CMP, So in book value term Basant Agro is a value buy at CMP.
8. Finally, I think Basant Agro Tech may achieve his target price 15.67( or more) in the one-year time frame, and followers may get 136% return in one year and if due to any negative reason this target is delayed to achieve then we get dividends in our long-term investment in Basant Agro.
9. 200 DMA of Basant Agro Tech (India) is 6.84.
So at CMP 6.60  BATL traded below his 200 DMA.
I think due to company June 2016 positive results (which declared on 30.07.2016) in next 2-3 sessions stock may give a positive breakout over this DMA of 6.84.
 Here I provide last three-year closing price chart of Basant Agro:-
DMA of Basant Agro:-
Simple Moving Averages

DAYSBSENSE
306.86                                                        Not Traded
506.85
1506.81
2006.84
10. Fundamental target price of Basant Agro Tech (India) is 15.67 ( Read my book to learn how to calculate fundamental target price of any stock.) or watch this video:-
11. My recent updates: -    Time Technoplast @52.30
12. Disclaimer: - This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please  read full disclaimer at the bottom of my blog.
13.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Basant Agro Tech (India) so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Basant Agro Tech (India)). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not  received any type of compensation from the subject company(Basant Agro Tech (India)) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Basant Agro Tech (India)). 6. I have been not engaged in market making activity for the subject company (Basant Agro Tech (India)).



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disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.