Rural Electrification Corporation Ltd @ 162.05

1. Rural Electrification Corporation Ltd is a 10 rupee face value PSU stock.

Rural Electrification Corporation Ltd is a BSE group A company and also included in S&P BSE100 index, so this is a blue chip company which available at undervalued price @ 162.05.

REC is a govt of India enterprises visit company website here:-

http://www.recindia.nic.in/

2. Year high of Rural Electrification Corporation Ltd is 311.10 year low was 152.50 and stock traded at 162.05, 

Year high/ low ratio of REC is 2.04 but year high 311.10 date was 22 May 2015 so after 22 May I think this ratio may be stable below 2. 

If you feel uneasy when your stock price falls below your buying price, then I suggest to buying REC stock after 27 May 2016.

 Because on 27 May 2016 REC declare his results and if the result is good and year high/low ratio stable below two, then this stock is best to buy.  

If you are new reader of my blog and not familiar with my research terms, then please see my research terms at this link

Research Terms of Mahesh Kaushik

3. Promoters of Rural Electrification Corporation Ltd hold 60.64% Promoters holding is good with nil pledged stock ( REC is a PSU Stock so govt of India is promoter of this stock)

  See full list of public shareholding including FII and DII here:-

REC Public holding

4.Rural Electrification Corporation Ltd REC is a good dividend paying PSU stock and pay dividend twice in a year see past dividedn history of REC here:-

EX Date	Purpose
17/02/2016	Interim Dividend 12.00
09/09/2015	Final Dividend 2.70
18/02/2015	Interim Dividend 8.00
02/09/2014	Final Dividend 1.75
20/02/2014	Interim Dividend 7.75

5. Base price of Rural Electrification Corporation Ltd is 249.65 So REC is traded 65% below from his base price so I think now this stock is reasonably undervalued for included in my long term multibagger buy list

6. No any bonus issue right issue and bulk deals is recorded  in last 2 year.

7. Rural Electrification Corporation Ltd net sale per share of FY 14-15 is 204.86.

8. Good net sale per share 204.86 is also suggest that this stock is a value buy

9. Book value of Rural Electrification Corporation Ltd is 251.53 So in book value term this stock is also a value buy at CMP.

8. Overall I think REC may achieve his target 211 for a long term view over 1 year ,read my book for more detail about how to calculate fundamental target of a stock? .

Download last 3 year closing price data with graph from this link:-

Last 3 year closing price data of REC with graph

9. 200 DMA of Rural Electrification Corporation Ltd is 215.39 So at CMP 162.50 REC is traded below his 30 DAy, 50 Day' 150 Day and  200 Day DMA see these DMA here:- 

Simple Moving Averages

DAYS	BSE	NSE
30	167.41	167.33
50	167.19	167.13
150	200.26	200.21
200	215.39	215.34

So I think this time REC is not usefull for short term trading for example I publish PTC india stock on 23 january 2016 and recommneded to buy it @60.35 this time 200 DMA of PTC india is 65.85 So I warn my followers that they do not buy this stock for trading purpose

Read here:-

PTC India Ltd

 but now PTC india traded over his all DMA so on thrusday I publish PTC India tip on CNBC pro advisory championship website for trading purpose.

Visit my calls on CNBC pro advisory championship here:-

http://www.advisorymandi.com/advisor/12047/5/2/1

Overall I think REC may achieve his fundamental target over 211 for a long term view (over 1 year) ,read my book for more detail about how to calculate fundamental target of a stock? .

10. My recent updates :- Buy MTNL

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

HEG Ltd @ 162

1. HEG Ltd is a 10 rupee face value diversified company. The main business of HEG is graphite which accounts for 80% of his revenue but company exposer is in hydro-power, ACF, Carbon block sector make it diversified company. 

Short Brief of HEG Ltd Business Model:- HEG Ltd set up in 1977, in technical and financial collaboration with Societe Des Electrodes Et Refractaires Savoie (SERS), a subsidiary of Pechiney of France. 

Graphite

HEG is now the largest integrated graphite plant in the world. Spread over an area of about 170 acres, HEG (graphite division) has facilities for production of Graphite Electrodes and Graphite Specialities. Its plant is located at Mandideep near Bhopal (MP).

The plant has a annual capacity to make 66,000 MT of UHP grade electrodes. 

It has three captive power generation facilities which can together produce around 77 MW which fulfils almost the entire requirement of the graphite plant.

HEG also has a dedicated R&D Set-up for Carbon and Graphite. 

Power

Heg Ltd  the group's first hydropower project of 13.5 MW rated capacity in Tawanagar, district Hoshanabad (M.P.) which was commissioned in 1997. The power generated at this unit is wheeled to the graphite plant at Mandideep.

Activated Carbon Fabric (ACF)

ACF is a flexible form of activated carbon. The activated carbon fabric is mechanically weak but highly porous in nature. Due to this, it possesses unique characteristics as compared to conventional activated carbon, which is commonly used in granular, palletised, powdered and moulded form. Due to a thin fibrous shape in activated carbon fabric, a fast intra-particle adsorption kinetics takes place in gas and liquid phase adsorption.

Molecules/atoms of pollutants have an affinity towards activated carbon fabric surface by physical adsorption at low temperatures.

In physical adsorption there is a Van Der Waals interaction, having a long range, but weak forces. Molecules of pollutant bouncing across the activated carbon fabric surface gradually loses its energy and finally comes to rest on it. Due to weak bonds in the physical adsorption molecules can be removed from the activated carbon fabric surface by giving a heat energy. This property is utilised in regenerating activated carbon fabric.

Features of ACF

  It is of minimum 90% pure form of activated carbon

 It is soft and easy to handle

 It has a BET surface area (SBET) of the range from 1,000 to 2,500 m2 g-1 with a high degree of adsorption and desorption characteristics. Effective adsorption is several hundred times higher than that of GAC, PAC or palletized activated carbon.

 ACF is made up of filament yarn, due to which ACF is electrically conductive and hence it can be regenerated by passing a low voltage current across the ACF surface or by heating ACF at 100 oC for 15 to 30 minutes.

 The distribution of pore size is in narrow range < 10 nm.

Usage

ACF is used in :

 Air-conditioner filters.

 Air purifying filters.

 Clean rooms.

 All other types of pollution control filters.

 Anti pollution masks - for personal protection against gaseous vapours / fumes and bad odours.

 Refrigerator deodouriser - to arrest odours in refrigerators.

 Cigarette filters - to trap harmful chemicals present in cigarette smoke.

Carbon Blocks

HEG also makes Fine Grain Carbon Blocks for various applications on special orders. These blocks are used by the customers to make value added products like Heat Exchangers, etc.

Graphite Specialities

HEG has a small graphite Speciality division to cater to the requirements of customers who need Graphite Products in specific sizes and shapes. These are manufactured to individual customer requirements as per specs and requirements Sorce:-http://www.hegltd.com/products.aspx (company website).

2. Year high of HEG Ltd is 227.70 year low was 116.10 and stock traded at 162, Year high/ low ratio is below 2  so I think price of this stock is stable for fresh buy,  If you are new reader of my blog and not familiar with my research terms then please see my research terms at this link

Research Terms of Mahesh Kaushik

3. Promoters of HEG Ltd hold 58.79 %  . Promoters holding is good with nil pledged stock See full list of public shareholding including FII and DII here:-

HEG Ltd FII & DII Holding

4.HEG Ltd This stock have regular dividend paying history since last 5 year HEG Ltd pay  3 to 8 rupee dividend per year.

EX Date	Purpose
14/09/2015	Dividend 3.00
14/08/2014	Dividend 6.00
06/09/2013	Dividend 8.00
07/09/2012	Dividend 5.00
02/09/2011	Final Dividend 5.00

5. Base price of HEG Ltd is 201.35, So After the recent breakout of 21 April 2016 stock still traded 20% Below from base price So I think from 162 to 180 this stock is a great buy for long term.

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.

7. HEG Ltd net sale per share of FY 14-15 is 310.40.

8. Net sale per share is also good and  Stock is traded near 50% below  from his net sale per share.

9. Book value of HEG Ltd is 235.42 So in book value term this stock is a value buy at CMP.

8. Overall HEG Ltd is good multibagger stock for long term holding.

9. 200 DMA of HEG Ltd is 160.75 So at CMP 162 HEG Ltd give a positive breakout above 200 DMA ,So I think this stock is also good for trading so I give a trading call on HEG Ltd at CNBC Awaz Advisorymandi website.

I put targets of this stock 194.40 and 224.50 on CNBC Pro advisory championship with a stop loss of 145.80 ( For trading purpose). 

My regular readers already knew that I never use stop loss in my personal buying read more details about my investment style here:- 

Past Performance of Mahesh Kaushik tips. 

If you read my book "The Winning Theory in Stock Market " then you knew that fundamental target for HEG Ltd is 224.50

10. My recent updates :- Jayaswal Neco Industries Ltd @ 8.16

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

Maharashtra Seamless Ltd @ 174.20

1. Maharashtra Seamless Ltd is a 5 rupee face value D B Jindal group company which makes seamless pipes. 

Short Brief of Company business:-

What is seamless pipe?:-Seamless pipe as the name suggests is a pipe without a seam or a weld-joint in contrast to Seam or Welded pipe. 

In a Seam or Welded pipe, the seam or the weld-joint is the weaker part of the pipe limiting the strength of the pipe to the strength of the weld-joint. 

Whereas the seamless pipe does not have any such joint and thus has uniform structure & strength all over the pipe body. 

Thus the seamless pipe can withstand higher pressure, higher temperature, higher mechanical stress & corrosive atmosphere and find wide applications in Oil & Gas, Refinery, Petrochemical, Chemical, Fertilizer, Power, Automotive, Bearing, Mechanical & Structural applications.    

Since the commissioning of its 1st seamless pipe mill in 1992 MSL has always been a market leader in India. 

In the subsequent years MSL added another two seamless mills to increase its volume and range. 

Even today MSL continues to maintain its leadership position as the largest manufacturers of seamless pipes in India with 3 mills and a total capacity of 5,50,000 M.Tons per year. 

MSL is also the only manufacturer in India to offer the maximum size range upto 20” catering to customers across all sectors. 

From the early years MSL has been exporting its products to the oil-fields of the US. 

Now MSL exports more than one-third of its volume to the markets of the US, Canada, Latin America, Europe, Africa & Asia company.

2. Year high of Maharashtra Seamless Ltd is 233.90 year low was 131.10 and stock traded at 174.20, Year high/ low ratio is below 2  so I think price of this stock is stable for fresh buy,  If you are new reader of my blog and not familiar with my research terms then please see my research terms at this link

Research Terms of Mahesh Kaushik

3. Promoters of Maharashtra Seamless Ltd hold 59.37 and Promoters increase their holding from 58.84% that’s great. See full list of public shareholding including FII and DII here:-

Public Shareholding of MSL

4.Here is the past few year dividend history of maharastra seamless:-

EX Date	Purpose
14/08/2015	Dividend 5.00
22/08/2014	Dividend 6.00
04/09/2013	Dividend 6.00
06/09/2012	Dividend 6.00
29/08/2011	Dividend 6.00

5. Base price of Maharashtra Seamless Ltd is 210.90 So After the recent breakout of today ( 4 Aprail 2016) stock still traded 17.53% Below from base price, So I think from 160 to 180 this stock is a great buy for long term

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.

7. Maharashtra Seamless Ltd net sale per share of FY 14-15 is 202.

8. Net sale per share is also good and  Stock is traded below his net sale per share.

9. Book value of Maharashtra Seamless Ltd is 337.95 So in book value term this stock is a value buy at CMP.

8. Overall I think Maharastra Seamless is a good long term investment for 1-2 year and due to recent breakout over 200 DMA this stock is also good for short term trading .

9. 200 DMA of Maharashtra Seamless Ltd is 160.40 So at CMP 174.20 today Maharastra Seamless give a positive breakout above 200 DMA and close @174 ,So I think between closing price 174 and 200 DMA 160.40 a huge difference so stock may accumulate in range of 165-180 for some time ( not sure may be) So watch and try to catch it near 165-175

10. My recent updates :- Himadri Chemical &  Industries Ltd.

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