INSUBCONTINENT EXCLUSIVE:
G CHOKKALINGAMMD, Equinomics Research Advisory
I hold 50 Shares of Cochin Shipyard at Rs 566 and 100 Shares of Tata Motors DVR at Rs 160
Excellent Q2FY2019 results, huge cash on books, solid growth in profit from the repair segment and substantial orders on hand make this as
one of the most attractive value stocks
You may hold Tata Motors DVR for 15% to 20% upside, considering the steep fall in the stock price in the short term and also substantial
discount to normal share.
I am holding 2,500 shares of Nocil at Rs 209 since May 2018
I have not seen any significant rise in this stock since then
the medium term because it is expanding capacity significantly
NOCIL also got good balance sheet and trades at quite an attractive valuation of around 12 PE on FY2020 expected earnings.
I hold more than
6,000 shares of Karur Vysya Bank
Now its value has come down significantly
private sector banks, but now it has slipped below Karnataka Bank and South Indian Bank in terms of net NPA and business growth
Still, you may hold it for the long term considering the quality of management and quite low valuation of around 1.5 times adjusted book
value compared to its own historical average.
I have Vardhman Holding share at Rs 5,000, LEEL Electrical at Rs 85 and Infy at Rs 740
So hold it with a target price of around Rs 3,500/
After divesting consumer durable business, the existing businesses of Leel Electrical seem to be giving tremendous pressures on both
profitability and also on working capital management
Leel Electrical made a loss of Rs 19 crore before exceptional item in the latest quarter, inventories receivables form 89% of annualized
sales and surprisingly, despite unlocking huge cash from divestment, it is still sitting on a debt of Rs 487 crore as on September 30, 2018
Large IT stocks like Infosys may not give significant return in the short term due to oil price crash which is likely to lead to further
appreciation of rupee exchange rate
However, after nearly 18% fall from its 52-week high, the stock has become quite attractive in terms of valuation (15 PE on FY2020E EPS)
Therefore, you may hold the stock at least till you get your cost price.
I have 20 shares of Apollo Hospital at Rs 1,156, RBL Bank 30 at Rs
590 and 100 shares of Union Bank at Rs 80 Kindly advise
last 5 years and poor single digit return on capital employed
Sell if it moves close to Rs 1,300
Three-times adjusted book value expected in FY2020 is a fair value for RBL Bank
Sell if you recover near your cost
recent moves, which are significantly positive for the PSU bank.
I hold stocks of Eicher Motors, SRF, Yes Bank, Force Motors and MRF
Hence, hold it with a target price of around Rs 26,400
Sell SRF around Rs 2,200/, which is a fair price for this stock with a PE of around 18 on FY2020 expected earnings
Hold YES Bank with a target price of around Rs 300 as at 2 times adjusted book value and over 50% yearon-year credit growth, the stock looks
In the last two-and-half years there is no significant year-onyear growth in the business for Force Motors and it seems to be facing severe
Therefore, sell the stock around Rs 2,000
3/4th revenue from the replacement market is best positioned to gain
Hence, hold MRF with a target price of aroundRs 80,000 in the short term.
I have 2,000 shares of PTC India bought at Rs 40 and 100 bought at
prices and also give decent dividends
Hence, you may hold both of them.
I have 2,500 shares of Unichem Laboratory at Rs 380
businesses.
I hold Nesco at Rs 500, Arvind at Rs 330 and Andhra Sugar at Rs 388
I am a long-term investor with 3 to 5 years view
Please suggest your views on these stocks
with free cash close to Rs 500 crore and Andhra Sugar, predominantly a chemical company, are available at highly attractive valuation after
the recent correction in their stock prices
Considering recent steep correction in the stock price and also possibility of some value unlocking from the proposed de-merger, you may
hold Arvind with a target price of Rs 370.
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