Sunday, November 29, 2015

Tribhovandas Bhimji Zaveri Ltd @ 104

1. Tribhovandas Bhimji Zaveri Ltd is a 10 rupee face value gold and diamond jewellery company.

2. Year high of Tribhovandas Bhimji Zaveri Ltd is 187.80 year low was 102.10 and stock traded at 104.00, Year high/ low ratio is  below 2 so as my theory current market price is   stable .  
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3. Promoters of Tribhovandas Bhimji Zaveri Ltd hold 74.12 %FII hold 15.87% % and DII hold 0.05%. Promoters holding is sound and they not pledged any stok so this is a  good point and a sound FII holding also indicate that very low percent of stock is hold by general public when a stock have low general public holding then price of stock easily run on demand from general investors.

4.Tribhovandas Bhimji Zaveri Ltd Give  2.25 to 0.75 rupee dividend in last some years
5. Base price of Tribhovandas Bhimji Zaveri Ltd is 165.73 So CMP is 37% below than  base price and I think this is the best price to start investment in this stock. 
Please remember it does not mean that price not fall further from here but we never catch bottom price of a stock so we use base price and year high/low theory to find out a best stable and cheap price.
Click here to download last 3 year closing price with graph
6. No any bonus issue right issue and bulk deals is recorded  in last 2 year.
6. Tribhovandas Bhimji Zaveri Ltd net sale per share of FY 2014-15 is 289.85.
7. Net sale per share is very sound at 289 so this stock have chance to become a multi-bagger when it turn around in profits.
8. Book value of Tribhovandas Bhimji Zaveri Ltd is 69.77 CMP is higher   then book value so in book value concept this stock is not a value buy. 
But book value is continue increase year by year in 2011 book value of TBZ is 21.42 and in 2015 book value of TBZ is 69.77 generally I avoid book value concept when year high/ low ratio is stable and net sale per share is higher then CMP in this case net sale per share is quite higher at 289.85 so this is the reason why I recommended this stock at CMP
8. Tribhovandas Bhimji Zaveri Ltd have branches in 
Ahmedabad
Aurangabad
Bhavnagar
Gandhidham
Hyderabad
Indore
Kochi
Kolkata
Mumbai
Nagpur
Pune
Raipur
Rajkot
Surat
Thane
Udaipur
Vasai
Vashi
Vadodara
Vapi
Vijayawada 
and recently open  new branches in Dhanbad and Jaipur.Overall this stock is a good for long term .

9. 200 DMA of Tribhovandas Bhimji Zaveri Ltd is 140.33 So at CMP 104.00 Tribhovandas Bhimji Zaveri Ltd is not technically sound yet and not useful for trading purpose but for long term fundamental view of 1-2 year this is a great buy.
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11. 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.
12.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 Tribhovandas Bhimji Zaveri 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 ( Tribhovandas Bhimji Zaveri 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(Tribhovandas Bhimji Zaveri Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Tribhovandas Bhimji Zaveri Ltd). 6. I have been not engaged in market making activity for the subject company (Tribhovandas Bhimji Zaveri Ltd).


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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.