Saturday, August 1, 2015

MMTC LIMITED @ 47.25

1. After Scanning 100' S of stocks finally I find MMTC Ltd which fulfilled all of my stock screening criteria s and may be a best long term value buy for all of my followers.
2.MMTC LIMITED is India's Largest international trading company and this is interesting to knew that price of MMTC is INR 10 in 1999 and INR 56,931.50 in 2007. ( In 2010 stock of MMTC is spilt from 10 rupee face value to 1 rupee face value so adjusted all time high price after stock split is 5693.15). This is the reason that why I say every price is possible in stock market.
3. MMTC Ltsd is a 1 rupee face value stock.
4. Promoters of MMTC hold 89.93 % stake of MMTC ( MMTC is an govt of India enterprises so president of India is the promoter of MMTC) FII hold 0.15 %  stocks and  D II hold 6.06 % stack in MMTC.
5. As my rule no any stock split and bonus issue in last 2 year
6. MMTC is a dividend paying company here is past dividend history of MMTC.
EX DatePurpose
10/09/2014Final Dividend 0.15
05/09/2013Final Dividend 0.10
13/09/2012Dividend 0.25
14/09/2011Dividend 0.25
08/09/2010Dividend 0.90
7.  MMTC net sale per share for FY 14-15  is 180.82 So net sale per share per year is below then CMP.
8.MMTC Year high was 80.70 and year  low was 41. 50 , So this year high/ year low ratio is Below 2.
9. Base price of MMTC Ltd is 203.64 so our buying @ 47.25 is far below base price
( To understand point 7, 8 and 9 new readers please refer HOW TO READ MY RESEARCH REPORTS ( TERMS USED IN MAHESH KAUSHIK RESEARCH ANALYST REPORTS) )
10.No any bulk deal was recorded in last 2 year so this is the sign of price stability.
11. Recently I updated list of All Dividend paying stocks on August 2015 Download this list from here
List of All Dividend Paying Stocks August 2015
10.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 applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 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 no any stocks of MMTCLtd company so my personal interest is not included in this stock. 2. Me and my associates or relatives have/have not any actual/beneficial ownership of one percent or more securities of the subject company(MMTCLtd). 3. Me and my associates or relatives have /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/have not not received any type of compensation from the subject company(MMTCLtd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company(MMTCLtd). 6. I have been not engaged in market making activity for the subject company(MMTCLtd).

Wednesday, July 8, 2015

Hindalco industries Ltd @ 101.75

Respected Readers,
Namaskar.
On 11.08.2013 I recommended Hindalco industries ltd on this blog @91.35 and after that Hindalco touch 198.70 on 25.07.2014 and my followers make more then 100 percent profits in this recommendation. for new readers here is the link of this past recommendation.
Now Hindalco is again in buying range so we re-evaluate some of fundamental criteria's of Hindalco Industries ltd
1. Hindalco industries Ltd is a 1 rupee face value Group A stock which is traded at 101.75. 
2. Promoters holding is 36.99% ( If you read my earlier article about Hindalco then you noted that in June 2013 promoters holding is 32.06 %), So increasing in promoters holding is a good sign. FII holding is 27.82 % they also increase their holding from 26.53%, DII holding 13.62 % . This is a very strong holding pattern due to increasing promoters and FII holdings. 
3. Hindalco Industries Ltd Recommended 1.00 Rupee per share dividend and ex dividend date 07.09.2015 is still due so our readers avail a dividend in their holding periods. 
4. Hindalco Industries Ltd has no any recent bulk deals.
5. Hindalco Industries Ltd net sale per share is 167.19 and if we compare from my august 2013 article on Hindalco then net sale per share is increase from 136 so increasing sales is also a good sign. 
6. Base Price for Hindalco Industries Ltd is 127.48 so stock reasonably below his base price.
7. Year high of hindalco is 198.70 and year low 99.20 now this ratio of year high/low ratio is exactly 2.So some of my followers may be ask that as per my book I am not buy any stock which year high/low ratio is below 2 ( I think in next 2-3 trading sessions hindalco year high/low ratio cross below 2) then why I recommended to buy it?
Now we come on main point when a stock year high/low ratio cross below 2 then we think more downside will be remain so if Hindalco is make a fresh year low in 9 July 2015 or 10 July 2015 trading session then this is a sign of fresh weakness and in this situation this is wise to buy Hindalco below 90 ( I am also buy it below 90 or near 91, 92)
9. If you understand Hindi then you may subscribe my channel on youtube and watch my latest Hindi video on this link

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 applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 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 no any stocks of Hindalco Industries Ltd company so my personal interest is not included in this stock. 2. Me and my associates or relatives have/have not any actual/beneficial ownership of one percent or more securities of the subject company(Hindalco Industries Ltd). 3. Me and my associates or relatives have /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/have not not received any type of compensation from the subject company(Hindalco Industries Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company(Hindalco Industries Ltd). 6. I have been not engaged in market making activity for the subject company(Hindalco Industries Ltd).

Sunday, June 14, 2015

Torrent Power Ltd @ 140.65 ( Below 119 Strong buy)

1.Torrent Power is a 10 Rupee face value Electric Utilities Stock which currently traded at 140.65. 
2. Year High ( 52 week High) of Torrent Power is 186.5 and Year low (52 Week low) is 121, So as per my 52 week high/low ratio formula this ratio is 1.54, If you read my book then you may knew that If any stock year high/low ratio is below 2 then stock price is stable for buying read more details of this term here. 
3. Torrent Power have total 454668881 shares, Promoters hold 53.44 % FII hold 3.62% and DII hold 21.28% shares.Good promoters holding with no any pledged stock so this is a good point. 
4. Torrent Power Net sales on FY 2014-15 is 10273.9 Cr., So when we divided total shares 454668881 in FY 2014-15 sales then we get a ratio “Net sale per share per year” which is 225.96. 
5. So If we compare this 225.96 from current market price 140.65 then we find that CMP is belowe Net sale per share per year, So as per my formula of valuation CMP is a fair value of stock. 
6. Base Price (3 Year Average Price) of Torrent Power is 140.41 So Stock traded near his base price, as I publish JSW Steel article when it traded at 973.10 but I advice to buy JSW steel below 884 and now market prove my theory because  JSW steel is available below 884 for long term buyers. 
Read this article about JSW Steel here
This time we wait Torrent power for 15 % below of base price ( Near 119 for fresh buying). 
7.Book value of Torrent Power is 146.44 , So CMP is discounted to book value, price/book value ratio is 0.9574. 
8. Overall I think  Torrent Power Ltd is a good value buy at CMP 140.65 but if available near or below 119 then this is a strong buying call.
9. 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 applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives already hold 6 stocks of JSW Steel ltd company so my personal interest is included in this stock. and Me and my associates or relatives have no any stocks of Torrent Power Ltd company so my personal interest is not included in this stock. 2. Me and my associates or relatives have/have not any actual/beneficial ownership of one percent or more securities of the subject company(Torrent Power Ltd). 3. Me and my associates or relatives have /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/have not not received any type of compensation from the subject company(Torrent Power Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company(Torrent Power Ltd). 6. I have been not engaged in market making activity for the subject company(Torrent Power Ltd).

Tuesday, June 9, 2015

HOW TO READ MY RESEARCH REPORTS ( TERMS USED IN MAHESH KAUSHIK RESEARCH ANALYST REPORTS)

Respected readers, 

If you not read my book then this short article is helpful for understanding terms using in my research reports. 
please also note that:-
Minimum holding time in all of my research reports are one year.So use my research reports only for fundamental delivery base buying for holding period of 1-2 years, My reports are not useful for day trading and F&O trading
1. Face Value:-Face value means your original invested money in company, As I described in chapter 8 of my book "Face value is your basic amount which invests in the company , in other words face value is your real share in the company equity capital for example if a company have 10,00,000 share of 10 rupee face value than share capital of the company is 10,00,000 X 10= 1,00,00,000 , and if you buy 50 share of this company at market price of 100 then you invest 50 X 100=50000 but your partnership in company share capital is 50 X 10=500 only , remain 4500 is given as a premium to the seller who sell his stocks to you. If you buy a stock at 3500 which face value is 1 rupee then your investment in the company is only 1 rupee remain 3499 is a premium to the seller
 2. Year high / low ratio :-I always by stocks which year high/low ratio is below 2 .If any stock is down more than 50 % from his year high then I avoid this stock. For example year high of stock A is 256.55 year low is 96 and the stock traded at 108.55 then I avoid this stock because good companies never down more than 50 % within a year until something is wrong. In opposite, a stock is trading more than 100 % from year low than I avoid it for example company B is traded at 56 and year high of this company is 65.25 year low is 19.55 then I not buy it because I think this stock is already running very fast and it is better to wait market fall. 
3. Promoters Holding:-If promoter holding reducing in last one to four quarters then I think something is wrong and avoid this type of stock because promoters are selling their stocks to retail investors but if promoters increase their holding than I think this is good because promoters knew his company fundamentals very well
4.BASE PRICE: - Base price of a stock is an average price of his last 3 years closing price . Base price shows the real fair value price of stock which market gives him. In other words, we say the base price means 3 years DMA of stock. In the calculation of the base price do not forget to adjust bonus and stock split ( Read my Book for more detail of this term). 
5.Net sale per share per year:- When yearly net sales data (net income or net revenue) of any company is divided with total number of shares then this ratio is called NET SALE PER SHARE PER YEAR.This is the Fundamental target price of a stock so if your stock price is lower from this then your stock valuation is good and if CMP is higher from it then the stock is traded at a higher valuation”. Buy when the market price of a stock is below from his one year net revenue per share. And sell when stock current market price cross one year net revenue per share. 
( Copyright ©2013 " The Winning Theory in Stock Market" Book)
See more details of my book here

Tuesday, May 5, 2015

JSW STEEL LTD @ 973.10 ( below 884 is a Strong buy)

1. Today I give you a large cap or blue chip recommendation which is " Jsw Steel Ltd".
2. Before we continue I want to tell you one thing about steel sector, Market is always cyclic and these day you may see that all tea and coffee stock, all iron and steel stock and all sugar stocks under performs Indian stock market.
3. This is the reason that why some of my 2016 multi-bagger recommendations are from these under-performing sectors, See these past articles of this blog for details:-
If any of my follower miss above 3 stocks then do not worry they are still in buying range and we wait(Hold) 1-2 year in these stocks for decent returns .
4.  Jsw Steel Ltd is a 10 rupee face value iron and steel stock which belong to BSE group A stocks and part of S&P BSE 100.
5. CMP of  Jsw Steel Ltd is 973.10, Year high of  Jsw Steel Ltd is 1365.35 and year low 888.20 so this ratio is below 2 ( Read my book for more understanding about this concept that why I buy a stock which year high/low is below 2).
6. Promoters holding in  Jsw Steel Ltd is 40.03% which raise from 39.59% so rising in promoters holding is a good sign. FII holding 18.99% and DII holding 4.20%
7. No any bulk deal, block deal, face value split and bonus issue in last 2 years. ( Which is a good sign because these sign indicate price stability in my theory of investing).
8. Jsw Steel Ltd is a dividend paying stock here is past dividend history of this company
07/07/2014Dividend 11.00
15/07/2013Dividend 10.00
12/07/2012Dividend 7.50
11/07/2011Dividend 12.25
14/06/2010Dividend 9.50
9. Net sale per share in FY 13-14 is 1873.95 and sale are seems to stable in FY 14-15, So if you read my book thenyou may knew that if a stock traded below this net sale per share then It may be undervalued and may be a value buy.
10. Base Price of this stock is 884 so it is a strong buy near or below 884.
11. Discloser:--I am an exiting research analyst and applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 and my wife hold Shree Renuka Sugars Ltd,Tata Steel Ltd,Jay Shree Tea & Industries Ltd stocks so my personal interest is included in all of these stocks

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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.