Sunday, November 15, 2015

Kirloskar Brothers Ltd @ 160

1. Kirloskar Brothers Ltd is a 2 rupee face value Industrial machinery company.
2. Year high of Kirloskar Brothers Ltd is 249.92 year low was 162.00 and stock traded at 167.10, Year high/ low ratio is   below 2 so as my theory current market price is  stable, but if stock down below 125 then this ratio is above 2 in downside ( Although there are no chance to down below 125 because in last 3 year stock not cross 125 in downside but every thing and every price is possible in stock market) in this condition take 125 as a stop loss and use reverse trading system as I described in my book.,  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 Kirloskar Brothers Ltd hold 63.34 %FII hold 7.41 % and DII hold 9.43%. Promoters not pledged any stok so this is an another good point. See my latest you tube video about pledged stocks finding here https://youtu.be/2LFitCmOLW0
4.Kirloskar Brothers Ltd Give  3.50 to 0.50 rupee dividend in last 5 years but due to net loss in Sept 2015 resulet, I think If profits not improve then dividend may down in next year .
5. No any bonus issue right issue and bulk deals is recorded  in last 2 year.
6. Kirloskar Brothers Ltd net sale per share of Fy 14-15 is 204.72.
7. Net sale per share is  higher then CMP . One of my respected blog reader ask that why L&T and Cipla like blue chip traded very high above his net sale per share? And It is impossible to down these blue chip at there lower net sale per share. I agree with him actually when we buy below net sale per share then we are more safe and we have more chance to get returns but it does not mean that every stock down till his net sale per share.
8. Book value of Kirloskar Brothers Ltd is 100.28 CMP is higher   then book value so in book value concept this stock is not a value buy. 
I am not consider book value in my buying because some sector like IT stocks have always low book value and banking stocks have always higher book value. 
If this stock down below 125 and you use reverse trading system (read my book for this ) then we use book value to buy it again below 100 as a value buy.
8. Overall this stock is  good If available below 160 in coming days.
9. 200 DMA of Kirloskar Brothers Ltd is 198.83 So at CMP 167.10 Kirloskar Brothers Ltd not show positive breakout above 200 DMA.
So If you are a trader then please note this stock is not breakout yet and traded below his 200 DMA. If this stock cross price of 200 in up-trend then it may give decent trading run. Long term investor like me not see price of stock regularly so I am not hesitate to buy at CMP and stocks which traded below 200 DMA
10. Base price of Kirloskar Brothers Ltd is 190.35 So CMP is near 10 % below from base price so as my theory If you buy below 15 % of base price means below 160 then it is a best price for long term.
Click here to download last 3 year closing price with graph
11. My recent updates :- See my latest youtube video about how to find out promoters pledged shares in BSE website

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 Kirloskar Brothers 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 ( Kirloskar Brothers 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(Kirloskar Brothers Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Kirloskar Brothers Ltd). 6. I have been not engaged in market making activity for the subject company (Kirloskar Brothers Ltd).


16 comments:

  1. Hello Mahesh ji,

    You have not used base price in the calculation, is there any specific reason?

    Thanks,
    Manish
    Registration ID: 14581

    ReplyDelete
  2. Respected Manish Maurya ji
    Namaskar
    Actually When I select this stock then I use base price calculation but unfortunately when I publish this post I forget to mention base price here so now I update this article please read it in point 10 and for your convince I repeat it here again
    Base price of Kirloskar Brothers Ltd is 190.35 So CMP is near 10 % below from base price so as my theory If you buy below 15 % of base price means below 160 then it is a best price for long term.
    Thank you so much for help me to find out and correct this missing point.
    Regards

    ReplyDelete
    Replies
    1. Thank you sir...Keep teaching us...learn a lot from you and hoping to learn more in future.

      Thanks,
      Manish

      Delete
  3. Hello Mahesh ji,
    I have some prima plastic shares. It's future looking great to me. Please share your view on it at cmp?

    ReplyDelete
  4. Hello Mahesh ji,
    Manugraph industry can be bought at cmp?

    ReplyDelete
    Replies
    1. Hi mahesh ji my
      Registration id is 15025
      Sapan

      I just want to understand the news which says vedanta n hindalco will be out of index..what does that how we should understand that..and do you still suggest to buy stocks from steel and bank sector if u say yes or no Then plz help me with the reason accordingly waiting for your response
      Thax

      Delete
    2. Sapan ji
      When you read my book then you read a chapter name " Biggest lie in stock market" where I tell how index stock changed time to time so index is not a criteria to evaluate stock market.
      Banks , Steel , Tea, Sugars stocks are long term contrarian calls.
      Index management include only largest market cap stocks in index market cap means
      market price* total number of share.
      So when price or a stock is fall then it decrease market cap which make these stocks out from index but when price rise then stock re enter in index.
      Changing in index stocks is a regular process and give only short term news base impact and index fund selling impact on stock price.
      Regards.

      Delete
  5. Hi Mahesh ji,

    What is your view on HEG LTD?

    base price:-205.76, high/low:- 1.84, no bulk deal, target:- 310.45, last year dividend 3.0.

    Thanks,
    Nitin
    reg id 14580

    ReplyDelete
    Replies
    1. Great, very nice, Nitin ji,
      I salute you and thank you for your help on my research, HEG is good and will be my next research report.
      Regards, Please keep it up because followers like you help me to detect good stocks.

      Delete
  6. Dear Mahesh ji
    In your teaching you have taken 1million as 1 crore whereas it is 10 lakh.it affects the revenue/share. Can you please clarify. Thanks

    ReplyDelete
    Replies
    1. 1 million=1000000, Kirlosker brother net revenue is 1625.70 Cr in million it is 16257.05 million, hope it is clear?

      Delete
  7. Mahesh Ji, Kirloskar brothers gone down to 120 levels....does the recommendation still hold valid

    ReplyDelete
    Replies
    1. Year high/low ratio is unstable above 2 it is a sign of more downside so watch till 7 Feb 2016 if this ratio is not stable again then stock may down more.

      Delete
    2. After reading your article I have purchased @ 159. Is it ok to avg or leave it there ?

      Delete
    3. Please do not average out any stock,leave it there(Hold) If you not see earlier then see my these 2 videos for more details:-
      Video Average out is wrong
      Reverse Trading System
      Regards

      Delete

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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.