Gail (India) Ltd @ 294.25

Respected Readers,

After Scanning data of 1500+ companies and a continue hard work of 20 days I choose Gail (India) Ltd for my long term fundamental buying recommendation. Here is the full research report of Gail (India) Ltd:-

1. Gail (India) Ltd is a 10 rupee face value Maharatna Company, This company belongs to BSE A group and a part of S&P BSE Sensex 30 stocks.

2. Promoter of Gail (India) Ltd is Govt of India, Promoters hold 56.11% stake, ( with no pledged share ) FII hold 18.62% DII hold 21.77% and general public like you and me hold only 3.50% stocks. If general public holding is low then I think price of stock will quickly rise when any good news is come in this type of stock,

3.New readers which not read my book yet then please first read my research terms here

Terms using in this research report.

4. Year high of Gail (India) Ltd is 551.35 and year low 260.25 so year high/low ratio is above 2 but after 05.11.2015 year high will change 505.90 then this ratio 505.90/260.25 will be stable below 2 then I buy this stock 

( Important:- this is a important point please read it again. This means I do not recommended this stock at current time, I wait till 05.11.2015 and watch price of this stock if price of this stock fall below 253 then I do not buy this stock because in this situation year high/low ratio not down below 2 but if price of this stock not broken his year low of 260.25 then year high/low ratio is stable below 2 after 05.11.2015 then I buy this stock.)

Same story is happen in ruchi infra case which recommendation I publish on 27.08.15 @ 7.21  and forecast that year high of this stock is stable after 24.09.2015 , Now year high/low ratio of ruchi infra is stable below 2 and stock traded @ 8.68 ( 20.38% up from my recommendation) see this story here

Ruchi Infra @ 7.21  ( updated discloser:- Now ruchi infra is in my personal holding)

5. Base price of Gail (India) Ltd is 371.48 So our buying is 20%  below the base price of stock.
Click here to download last 3 years closing price with graph

6. Net sale per share for 2014-15 is 447.32 So our buying is 35% below net sale per share which is rare in such type of blue chip stock.

7. Gail (India) Ltd has no bulk deals in last 2 years, no recent bonus and stock split issue in last 2 year.

8. Gail is a dividend paying blue chip stock , see past dividend history:-

Dividend Declared (  )

EX Date Amount () 27 Aug 2015 3.0000 02 Mar 2015 3.0000 27 Aug 2014 5.9000 10 Feb 2014 4.5000 05 Sep 2013 5.6000 18 Feb 2013 4.0000 16 Aug 2012 5.7000 25 Jan 2012 3.0000 17 Aug 2011 5.5000 27 Dec 2010 2.0000 02 Sep 2010 5.5000 24 Dec 2009 2.0000 20 Aug 2009 3.0000 30 Jan 2009 4.0000 21 Aug 2008 6.0000 19 Dec 2007 4.0000 16 Aug 2007 2.0000 03 Sep 2001 4.0000

9. Now you can get my excel sheet of 4000+ stocks data like year high/low , net sale, profits , shareholding etc. I use this sheet data in my stock analysis. See more details here:-

Mahesh Kaushik Stock Data Bank in Excel.

10. See recent penny stock recommendation here:-

Electro Steel

11.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 Gail (India) 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 ( Gail (India) 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 not received any type of compensation from the subject company(Gail (India) Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( Gail (India) Ltd). 6. I have been not engaged in market making activity for the subject company(Gail (India) Ltd).

BGR ENERGY SYSTEMS LTD @104.80

1.BGR Energy Systems Ltd is a 10 rupee face value Heavy Electrical Equipment comapny which traded at 104.80

2.Year high of BGR Energy Systems Ltd is 178.00 and Year low 98.70, this ratio is below 2 and my regular readers knew that this is my first stock screening criteria. New readers which not read my book yet then please first read this short summery for more clear understanding about this research report.

Short summery of my research terms. 

3. No any bulk block deals, stock split, right issue, bonus issues in last 2 years so I think price of BGR Energy Systems Ltd is stable for fresh buy.

4. BGR energy systems ltd net sale per share for FY 14-15 is 466.31 , If you not read my book then please see this you tube video to learn how to calculate net sale per share and how to use it to find out target price of a stock:-

 5. Base price (last 3 year average price) of BGR Energy Systems Ltd is 161.68 So our buying is 60 % discounted from base price of this stock.
Click here to download last 3 years closing price with graph

6. See this past dividend history of BGR Energy Systems Ltd so as my rule this is a dividend paying company:-

EX Date	Purpose
18/09/2014	Dividend 3.00
17/09/2013	Dividend 7.00
13/09/2012	Dividend 7.00
15/09/2011	Dividend 10.00
16/09/2010	Dividend 7.00

7. Promoters of BGR Energy Systems Ltd hold 75 % stake in company and promoters not pledged any share from his holding, FII hold 1.86 % and DII hold 2.94% , So promoters holding is also good.

8. Visit website of BGR energy here www.bgrcorp.com You wonder that company has many diversified business portfolio like

Power Projects Division 

Turnkey Engineering, 

Procurement and Construction (EPC) of Thermal/Gas based Power Plants 

Turnkey Engineering, Procurement and Construction (EPC) of Thermal/Gas based Balance of Plant 

Supply of Super critical steam generators - 660 MW/ 700 MW/ 800 MW / 1000 MW / 1100 MW 

Supply of Sub Critical steam generators upto 500 MW Supply of Super critical Steam Turbines & Generators – 660 MW / 700MW / 800 MW / 1000 MW 

Supply of Single pressure and Multiple pressure level natural circulation Heat Recovery steam generators 

 Oil & Gas Equipment Division Oil & Gas Equipment Division Process Equipment Package and Systems 2/3 Phase Separator System / Skids Indirect Water Bath Heater Gas Conditioning, Regulating & Metering Systems Knockout Drums / Scrubbers Filter Separators / Dry Gas Filters Pipeline Equipment - Pig Launchers/Receivers Compressor Packaging Storage Tanks Air Fin Cooler Division 

 Air Fin Cooler Division Process Coolers Finned Tubes Radiator & Compressors Coolers Tube Bundles

Environmental Engineering Division Deaerators Membrane Based Water Treatment Plant Demineralization Plant Desalination Effluent/Sewage Treatment & Recycling Plants Condensate Polishing Unit 

Electrical Project Division Electrical Projects Division BOP works for Hydro Projects Turnkey Solutions for EHV Substations Optical Fibre Composite Ground Wire (OPGW), All-dielectric Self-supporting (ADSS) & Optical Line Termination Equipments (OLTE) Gas Insulated Switchgears (GIS) Substations EHV Transmission Lines Plant Electricals Rural Electrification Power Trading 

 BGR Boilers Private Limited Super critical steam generators – 660 MW/ 700 MW /800 MW / 1000 MW / 1100 MW Sub Critical steam generators upto 500 MW 

 BGR Turbines Company Private Limited  Super critical Steam Turbines & Generators of 660 MW / 700MW / 800 MW / 1000 MW. 

Progen Systems & Technologies Limited Progen Systems & Technologies Limited High Frequency Resistance Welded Finned Tubes Heat Exchangers Pressure vessels, Reactors, Columns Waste Heat Recovery Modules & Convection Coils Surface Condensers and HP/LP Heaters Process equipments and Boiler components 

 GEA Cooling Tower Technologies (India) Private Limited  Dry Cooling Systems Direct Cooling – Air Cooled Condensers Wet Cooling Systems Induced Draught Cooling Towers Natural Draught Cooling Towers Hybrid Cooling Towers 

 GEA – BGR Energy System India Limited Online Tube Cleaning System Debris Separator Self Cleaning System/Strainer Sponge Cleaning Balls Cuddalore Powergen Corporation Limited Cuddalore Powergen Corporation Limited Independent Power Producer (IPP) developing 2 × 660 MW coal based thermal power project at Cuddalore, Tamil Nadu, India.

So we have a great chnace of de-merger and value unlocking in future.

9. Read my recent update about China base mutual fund here:-

SIP in Mirae Asset China Advantage Fund - Regular Plan dividend reinvestment option

10. Now read my book free on kindle unlimited read detail here:-

Read " The Winning Theory in Stock Market" Free by Kindle Unlimited

11.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 BGR EnergySystems 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 ( BGR EnergySystems 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 not received any type of compensation from the subject company(BGR EnergySystems Ltd ) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company( BGR EnergySystems Ltd ). 6. I have been not engaged in market making activity for the subject company(BGR EnergySystems Ltd).

GRAPHITE INDIA LTD @69.20

1. Graphite India Ltd is a 2 rupee face value diversified Industrial goods company.

2. Stock of Graphite India Ltd traded at 69.20

3. Main business of Graphite India Ltd is Graphite electrodes but apart from this Graphite India Ltd have following other main products are

1) Speciality Carbon and Graphite

2) Impervious Graphite Equipment's

3) Calcined Petroleum Coke Carbon Electrode Paste

4) Glass Reinforced Plastic Pipes

5) High Speed Steel Alloy Tool Steels

That,s Great in my view

4. Year high of Graphite India Ltd is 113.40 and year low 64.05 this ratio is below 2 as I described in my book you can read more details here " Research Reports Terms of Mahesh Kaushik "

5. Net sale per share in FY 14-15 is 76.63 , So CMP is below then net sale per share.

6. No recent bulk/block deals means stock price is stable for long term buy.( Please note all of my long term fundamentals calls is only for investors which have 1-2 year view)

7. Graphite India Ltd pay 2 per share dividend in 2015 and 3.5 rupee share in earlier years.

8. Base Price of Graphite India Ltd is 83.76 so our buying is far below from base price.
Click here to download last 3 year closing prcie with graph

9. Promoters of Graphite India Ltd hold 65.25 % (increase from 65.10%) FII hold 12.71% DII hold 5.61% with no any pledged shares from promoters.

10. If you not read my recent penny share research report about ruchi infra then you may read it here

Ruchi Infra Share 

11. Use-full external links which may more helpful to understand nature of business and balance sheet of Graphite india ltd

Forward Looking report of graphite india

Website of Graphite India

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

25 Companies where Promoters Increase Stake

In my book " The Winning Theory in Stock Market"I tell my readers that Increasing in promoters holding are very good for any listed company.

2 year  ago in Nov 2013 I publish a list of 29 company where promoters increase their holding.see this list here and compare price appreciation in last 2 year

 COMPANIES WHERE PROMOTERS INCREASE STAKE

And in November 2014 I am also publish a list of 27 companies where promoters increase stake It is also advisable to compare price appreciation in last one year in these 27 stocks see this list here

Nov 2014 List where Promoters increase stake

Now I give you a fresh list of 25 listed company where promoters increase their holding in June 2015  and hope same price appreciation for next year

This time my list of 25 companies are only for registered user of my book

download this list from this link

New list of 25 companies where promoters increase stake

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 Date	Purpose
10/09/2014	Final Dividend 0.15
05/09/2013	Final Dividend 0.10
13/09/2012	Dividend 0.25
14/09/2011	Dividend 0.25
08/09/2010	Dividend 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.
Click here to download last 3 year closing price with graph
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).

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 than 100 percent profits in this recommendation. For new readers here is the link to this past recommendation.

Hindalco Industries Ltd Multibagger 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 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 promoter holding pattern is an adamant 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 the 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 ask that as per my book I do 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?

8. Before I explain point 7, please read HOW TO READ MY RESEARCH REPORTS ( TERMS USED IN MAHESH KAUSHIK RESEARCH ANALYST REPORTS)

Now we come to the main point: - when a stock year high/low ratio cross below two then we think more downside will remain.
 So if Hindalco is making a fresh year low on 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 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

https://www.youtube.com/watch?list=PL-X8WTMcEbY-hJpQCnZ-gbZ5bknw07T26&v=2wD0e9EsmX8

10. Link to last 3 years  closing price data and graph:-
Click here to download last 3 years closing price with graph 

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).

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. 

Details of Terms Used in My Research Reports

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

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

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).

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. 
when a stock is recover more then 40% from year low and if company declare a positive result after the date of year low then year high/low ratio is acceptable till 2.5

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

The winning theory in stock market

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:-

Shree Renuka Sugars Ltd

Tata Steel Ltd

Jay Shree Tea & Industries Ltd

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

07/07/2014	Dividend 11.00
15/07/2013	Dividend 10.00
12/07/2012	Dividend 7.50
11/07/2011	Dividend 12.25
14/06/2010	Dividend 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

GILLANDERS ARBUTHNOT & CO.LTD @ 55.70

1. Gillanders Arbuthnot & Company Ltd is a 10 Rupee face value diversified company This is a Kothari Group  Company  which primarily deals in tea, textiles, engineering, chemical and trading business activities. GACL has a diversified business portfolio.

2. Year high of Gillanders Arbuthnot & Company Ltd is 85.85 and year low 48.15 Base price ( Last 3 year Average price ) is 65.54, So 55.70 is a best buying price for Gillanders Arbuthnot & Company Ltd , currently this stock is traded at 59.20.

3. Past Dividend history of this stock:-

EX Date	Purpose
05/08/2014	Dividend 0.75
30/07/2013	Dividend 2.00
01/08/2012	Dividend 0.50
01/08/2011	Dividend 4.50

4.  No any bulk or block deal in last 2 year so in my thoery  this is a sign of price stability.

5. Gillanders Arbuthnot & Company Ltd FY 2013-14 Net sell is 946.80 cr. So when we divided this net sell per year by total number of shares we get net selling per share per year which is 443.62 So CMP is very attractive when we see net sell per year ( Read my book for more detail of this concept).

6. Promoters hold 68.74 % stake in Gillanders Arbuthnot & Company Ltd and no any share is pledged. DII hold 5.91 % shares.

7. This company have 2 major divisions 

a.Textile Division engaged in the production of Cotton and Man made fibre/yarn and blends thereof. 

b.Engineering Division engaged in the business of structural engineering, steel fabrication,. 

8. No any bonus issue in last 2 year. 

Discloser:- I am an exiting research analyst and applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 and I have/my wife have no any stocks of this company so my personal interest is not included in this stock.

Fundamentally Strong Multibaggers Indian Stocks for 2016

This is my 3rd list of Fundamentally strong Indian

multtibagger stocks for 2016 based on my fundamental analysis
If you are a new visitor of my website then you may read last 2 year lists at these links.

Fundamentally Strong Multibagger Indian Stocks for 2014

Fundamentally Strong Multibagger Indian Stocks for 2015

Now I publish list of Multibagger stocks for 2016.This list is updated once a month and based on my fundamental analysis which publish on this blog once a month.

Here are the other fundamental recommendations for 2016( click on link for more detail of particular stock)

Vijay Shanthi Builders Ltd

Swasti Vinayka Synthetics Ltd

National Fertilizer Ltd (NFL)

SAIL

Tribhovandas Bhimji Zaveri Ltd

Kirloskar Brothers Ltd

Syncom Healthcare Ltd

Goa Carbon Ltd

Gail (India) Ltd 

BGR Energy Systems Ltd

Graphite India Ltd

Ruchi Infrastructure Ltd

MMTC LTD

T & I Global Ltd

Hindalco Industries Ltd

Torrent Power Ltd

Jsw Steel Ltd

Gillanders Arbuthnot & Company Ltd

Harrisons Malayalam Ltd

Future Retail Ltd

HB Estate Developers Ltd

Modern Dairies Ltd

Download my Sharegenius app from google play store at this link
https://play.google.com/store/apps/details?id=com.Sharegenius&hl=en

Or Read my book, for more detail of my book, past performance of my recommendations and and free download data bank of Indian stocks visit this blog
http://winningtheory.maheshkaushik.com/

Discloser:-I am an exiting research analyst and registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014

 ( SEBI Registration Number INH 100000908 )  I also buy my own recommendations but as SEBI regulation I do not buy these securities 30 day before or after 5 days of publishing these research reports, please read full discloser on bottom of each research reports which links is given above.
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.

FUTURE RETAIL LTD @115.55

1. Future Retail Ltd is a 2 rupee face value departmental stores company.

2. Year high of Future Retail Ltd is 151.50 and year low 78.12 So year high/low ratio is 1.93 ( In my theory of investing I always invest in a stock which year high/low ratio is below 2 because If this ratio is below 2 It means stock price is stable since last one year and we accept a move in coming year refer my book for more detail).

3. Future Retail Ltd is a dividend paying company pay 0.60 rupee per share dividend in last year.

4. Base price of Future Retail Ltd is 135.44 So currant market price 115.55 is below base price.

5. Net sale per share for FY 2013-14 is 298.14 so currant market price is also below net sale per share per year. (2013-14 net sale 11577.44 cr. and total number of share in this company is 38,83,21,323)

6. No any bulk delal, block deal and bonus issue in last 2 year ( but right issue is come on 18.11.2014 but due to higher net sale per share we ignore this equity dilution.)

7. Promoters of Future Retail Ltd hold 50.48% stake and they increase it from 46.85 % that is good point because I always like increasing promoters stake.

8. Update about my app:- Since last one month I remove my app Sharegenius from Google play because I make it from a freeware resource and they show illegal ad on my app so when i saw this type of ad I remove it from Google play now this app is remaking by an USA base software engineer 

So download my  new Sharegenius app from google play store at this link

https://play.google.com/store/apps/details?id=com.Sharegenius&hl=en

9. Update about my book:- My book is now out of stock on most of Indian online retailer accept Amazon india and Amazon india charge a very high price 3150 rupee for my 104 page book so please do not buy my book from Amazon India read this full story here

http://winningtheory.maheshkaushik.com/2015/02/do-not-buy-my-book-from-amazon-india.html

10. Discloser:- I am an exiting research analyst and applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 and I have/my wife have no any stocks of this company so my personal interest is not included in this stock.

Harrisons Malayalam Ltd @ 50

1. Harrisons Malayalam Ltd is a 10 rupee face value Auto Tyres & Rubber Products company. 

2. Harrisons Malayalam Ltd year high 78.75 and year low 43.50, I always like a stocke which year high/year low ratio is below 2 , because if this ratio is below 2 then it is a sign of stability in currant market price. 

3. Now we see base price of Harrisons Malayalam Ltd ( Base price is my special term which is equal to 3 year average price new readers please read my book for more details of base price). Base price of Harrisons Malayalam Ltd is 56.32 and my followers knew that it is always wise to buy a stock 15 % below this base price so 45 to 50 is a best range for buy this stock as a long term investment holding. 

4. Net sales per share in FY 2013-14 is 208.11, In my methodology I buy a share which is traded below his last year net sales per share.Net sales per share figure also help us to decide a target price generally in my theory I assume that If sales are not down and company turn arround in profits then stock may be traded near price of net sale per share , but due to SEBI research analysts regulations 2014 I am not give any numerical target of my recommendations. 

5. No any bulk or block deal in last 2 years and no any bonus plus face value split issue in last 2 year. ( Which are good signs).

6. Harrisons Malayalam Ltd gives near 0.75 to 2.00 rupee per share dividends in last 5 years. 

7. Promoters of Harrisons Malayalam Ltd hold 50.03 % stocks and DII hold 0.17 % stocks, No any FII holding,No any share Shares pledged or otherwise encumbered by promoters. 

8. Discloser:- I am an exiting research analyst and applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 and I have/my wife have no any stocks of this company so my personal interest is not included in this stock.