Saturday, March 17, 2018

Sintex Plastics Technology Ltd - Active Thinking




CMP = 62


Sintex Plastic Technology Limited (SPTL) is a globally respected conglomerate with interests across building materials and custom mouldings. SPTL entered the water storage tanks manufacturing space in the 1970s and later diversified into the custom moulded electricals space through the production of SMC products, also leveraged its plastics expertise to enter the building construction space through prefabricated structures as well as full-fledged monolithic buildings.



https://youtu.be/7O1gHDiHdNA


Sintex  is world's largest plastic water tanks  manufacturer and the market leader in plastic prefab (schools, low budget housing, defence, civil construction, temporary shelters and retail products). Its strong distribution network, brand value and a strong product portfolio of about 3,500 products are its key strengths. SPTL has a diversified presence across products, end markets and geographies with 36 manufacturing facilities spread across India, Europe, North Africa and USA.  


The Company has two business operations  



Plastic - Water Tanks, Doors, Windows, Prefab, Sections, BT Shelters, Auto components, Custom Moulding (Composite Plastics and retail products) Indian operations being managed by Sintex-BAPL Ltd.  The custom moulding is further segregated into global operations through its subsidiaries Sintex NP SAS (Europe) and Sintex Wausaukee Composites Inc (US).


Infrastructure - Affordable Housing and EPC Contract. Prefabricated units & EPC contracts for  various infrastructure projects across the country (under its subsidiary Sintex Prefab and Infra Ltd.). 



Product Range and Application



http://www.sintex-plastics.com/wp-content/uploads/2017/04/ProductCatalogue2017.pdf



Water Storage Solutions







https://youtu.be/rwu98mjIJss


The Sintex  brand has become synonymous with water storage tanks. Having  pioneered the concept of plastic water storage solution more  than three decades ago, the company enjoys leadership position in water storage tank segment with more than a 60% market share. 


https://youtu.be/g8avuv5f-sU


The company leveraged its expertise in the liquid storage solutions in septic tanks, packaged treatment solutions and biogas holders to create these products which are becoming increasingly relevant considering the rapid rates of urbanisation across India.


Building and Interiors







https://youtu.be/tY_2G_TzC6U


SPTL capitalised on its plastic processing expertise on housing solutions with product like doors, kitchen cabinets, interior panels and non-load bearing partitions. These products are environment-friendly and alternatives of wooden & aluminium products variants in addition to being cost-efficient, zero-maintenance, easy-to-clean and  water - termite proof. 



Environmental and Green Solutions








https://youtu.be/S6bWHKbjsTU


Central Government’s drive to clean up India has increased awareness of the waste management. These product range of dustbins  and containers has resulted in growing its acceptance across states, companies, municipal corporation, shops and in domestic use. 


Electrical and SMC products








The key products in this segment include  junction boxes, RTU, SMC Sheet/CHQ, IP, LED, MCB/RCCB, cable trays and Plug & Socket, Sintex introduced tamper-proof meter boxes, manufactured using sheet molded compounds. Being shockproof, SMCs provide insulation against electricity and are used as cast iron and aluminium alternatives. They are also rust-proof, durable and possess zero-resale value, protecting them from theft. SPTL is one of the largest manufacturers of electrical enclosures, catering to state electricity boards and circle offices pan-India. 


Industrial Products








https://youtu.be/wq-UORgVUEI


Industrial containers are specially moulded tanks to store dyes, colours and chemicals for industrial uses. These are mainly large but come in multiple sizes to suit diverse uses. Company has developed high-strength, non-reactant FRP tanks for storing corrosive chemicals and fuels in dispensing stations as a cost-effective and fail-safe alternative to RCC and metal variants. Plastic pallets cater to industries like pharmaceuticals, automotive, electrical, warehousing, transportation, among others. Sandwich panel has emerged as a modern building material  replacing the traditional brick and mortar structures for numerous applications. 


Automotive components








It caters to players present in the car manufacturing, electrical /electromechanical equipment manufacturing, , household appliances, medical, construction, sport and leisure sectors, among others. The product basket comprises exterior systems, interior systems, under-the-hood systems and plastic components. Sintex-BAPL specialised in manufacturing injection moulded plastic components for the auto industry. It employs cutting-edge technologies like vacuum forming, PU foaming, ultrasonic and hot plate welding, spray painting, decorative painting and assembly to manufacture best-in-class products for OEMs namely Hyundai Motors, Honda,  Scooters & Motorcycles, Toyota , Ashok Leyland, TVS Motors, TAFE etc








In international operation, Sintex Wausaukee and Sintex NP are preferred supplier to globally recognised OEMs in the US  and Europe (majority Fortune 500 companies) on account of its expertise in manufacturing highly engineered composite, fibre-glass components ,  stamping thermoplastic composite grades commonly used in aeronautics,  construction equipment, agriculture, medical injecting and mass transit. The Group’s key clients comprise Caterpillar, Siemens, Alstom, Phillips Medical Systems, G.E. Medical Systems, Rail Plan International Inc., Acciona, Hitachi, NY City Subway Faurecia, Schneider, Legrand, ABB, Areva, EADS, Siemens, Snecma, ThyssenKrupp Automotive, Valeo, Visteon, Alstom and  General Motors, Toshiba and Harley-Davidson, among others.



Prefabricated Structures







Prefabricated structures are ready to fix panels and frames that can be assembled at the clients site within short period. These structures making it the one of the fastest and most cost-effective construction solutions and preferred solution towards strengthening social infrastructure comprising toilet blocks, mid-day meal kitchens, health-care centres, classrooms and hostels, police stations, labour camps and army shelters, etc. 



Infrastructure & EPC contracts



Sintex Prefab and Infra is pioneer in monolithic construction technology in India and one of the leading companies for monolithic construction for low cost housing typically suited for affordable housing projects for addressing the national housing shortage. Company provides prefabricated solutions and undertakes EPC contracts for various infrastructure projects across India. It is mostly apartment affordable housing project under government and PPP model. 



Investment Rationale




Global economic growth is generally interlinked to plastic consumption in most of the advanced economies. Average per capita plastic  consumption of the world is 28 kg whereas India’s 11 kg (lowest in Asia) and China 38 kg, Brazil 32 kgs. The per capita plastic  consumption for US, Germany, UK, Italy, Spain, Australia, Japan, Korea and Taiwan is more than 100 kg. This clearly  shows that India has huge growth potential. With plastic products becoming increasingly ubiquitous across household and industrial applications, the per capita consumption of plastic in India is expected to touch 20 kgs by 2020 from about 11 kgs currently.






The use of composite plastics is rapidly increasing to replace metal parts in auto components as it helps in around 60% weight reduction and improve fuel efficiency. Custom-moulded components are made from new-age  composites (combining plastics and fibers with glass, carbon, and other materials). It find wide application in aerospace, electric cars, mass transportation (metro), renewable energy and defence sector players. These products enjoy steady demand because of their strength, tenacity, thermal and electrical conductivity and corrosion resistance. 







Sintex Plastics business is direct beneficiary of housing and infra boom. Indian Government  is laying a keen emphasis on improving its infrastructure, transportation, railways, roads, airports, sewage treatment, housing, electricity transmission and distribution.






Sintex Plastic is among top companies in the world for custom moulding products and solutions for plastics and composite materials. The Company has a global geographical presence with operation in 9 countries and 4 continents. It has a diversified presence across products, end markets and geographies with 36 manufacturing facilities spread across India, Europe, North Africa and USA.  has a rich and diversified client base with none of the customers accounting for more than 5% of the total revenue. 






Most of the major capax is already done and average capacity utilisation around 60% across product segments. In next 2 -3 years no capex required till capacity utilization improves upto 85-95%


The company is having very strong technological capabilities and global manufacturing footprint with several latest technology  tie-up with world leading companies. It will keeps the company well ahead competitors and gives clear visibility of future growth. 


  • It has developed the decentralised packaged wastewater treatment solution in collaboration with Aqua Nishihara, Japan – global leaders in this space. 

  • Company has received MES approval from ENC office for MBBR technology. This approval is expected to be an inflection point for this revenue vertical as the MBBR technology is widely accepted all over the country. This approval will allow the company to participate in large government projects initiated by MES, CPWD, Railway, ONGC, Police Housing, Housing Boards and other Government and private sector institutions. 


  • Company has developed high-strength non-reactant FRP tanks for storing corrosive chemicals and fuels in dispensing stations as a cost-effective and fail-safe alternative to RCC and metal variants. The Group has received approvals from leading oil marketing companies namely IOC HPCL and BPCL for installation in new dispensing stations pan-India.


  • Capability-enhancing alliances in the area of product design (HIVEC, Japan), interior and exterior design and engineering (Daeji Metal Corp, Korea), design and manufacture of air induction systems and DFT design and development (Kautex) has served Sintex-BAPL 


SPTL’s business model is favorably poised with macroeconomic scenario and government’s investment plans in infrastructure. Both the segments will have consistent growth in revenues going forward with initiatives like the Swachh Bharat Abhiyan, Sarva Shiksha Abhiyan and the Clean Ganga Mission, toilet blocks, kitchens, health centres, classrooms and hostels, defense shelters, police chowkis, site offices are the key drivers.







Promoters have bought 60 lakh shares around Rs 75 - 85 from open market since its listing in August 2017. Recently company has allotted  6,67,00,000 preferential shares to the promoter at the price of Rs. 90/- per shares, aggregating upto Rs. 600.30 crores to pay the debt. It will increase the shareholding of promoters from 29.81% to 36.93%




Conclusion 



'Sintex' is very strong brand name in Indian household and become synonymous for water storage tanks. Company offers one of the widest plastic-based solutions in the global plastic processing space  from creating housing units to small components. SPTL is the only Indian plastic processing company with pan India presence and enjoys an early-mover advantage in the different businesses segments with huge growth potential.


We have received lot of comments in blog about Sintex Plastic since its listing around Rs 136 in August 2017. Stock price was under pressure from last 4-5 months due to conversion of  FCCBs into 3.91 crores shares. Recent market correction has brought it into our buying range and  given very good opportunity to buy the stock at deep discount, even promoter have bought the preferential issue @ Rs 90 which is almost 50% above cmp.


Sintex Plastic stock at cmp Rs 62 is very good investment opportunity for both short  term and long term ( 1 year to 4 years ). It can be bought + / - 10% from cmp with 10 -20% of portfolio allocation.






573 comments:

  1. Thank you Mam!
    Have been hearing about Sintex Plastcs eversince its listing, the recent correction and your timely recommandation gives a good opportunity for future!

    ReplyDelete
  2. Good day , Mam.

    Thank u so much for new recommendation , having potential business growth as equity market is very volatile , seems to be remain same for quite sometime , Now only believing your research based suggestive stocks to get benefited in long term holding.

    ReplyDelete
  3. Already bought at 80 now going to buy more with greater conviction.

    ReplyDelete
  4. Thanks you mam, We all followers waiting for this, mam I am holding sptl from rs.80 now I added more at +-10%. Mam can we expect it will perform like nilkamal is next 3 years. Regards mam.

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and 300% in 4 years.

      Delete
  5. Thanks a lot ..for giving one more wonderful pick

    ReplyDelete
  6. Dear Madam,
    Thank you for another gem on the occasion of Ugadi. Can we imagine the kind of return of 300-400% in 3-4 years?
    Wish you and your family Happy and Prosperous Ugadi. May new year brings you lots of happiness, health and wealth to you and your family.
    Regards,
    Ramchandra

    ReplyDelete
    Replies
    1. Yes, expected return around 50 -100% in one year and around 300% in 4 years.

      Delete
  7. Mam thanks for the new posting. mam my portfolio consists of deepak nitrite 850 at 243rs, gati 1000 at 125, nitin spinners 2000 at 110rs, orient paper 500 at 100, godrej agrovet 100 at 613, tube investment 350 at 275, bilcare 500 at 82, i have only 10 lakhs where only 3 laks left, can i invest in sintex plastic fully ? i want to achieve 50lakh in five years, with this can i achieve? or any changes kindly suggest.

    ReplyDelete
    Replies
    1. Yes, you can allocate 10 to 20% in Sintex plastic,

      Delete
  8. Mam
    In the last comment, I could notice you have not mentioned​ 15 - 20% returns for SPTL
    Also commented for pe
    With that already hinted it seems...

    ReplyDelete
  9. Thank you for update mam your view on godrej agrovet thank you

    ReplyDelete
    Replies
    1. It is good stock you can continue to hold it for long term

      Delete
  10. Thank you madam on your new recommendation.. after 50% fall this can be a right value

    ReplyDelete
    Replies
    1. Yes, expected return around 50 -100% in one year and around 300% in 4 years.

      Delete
  11. Mam, what is the resturn expected in 1 year and 3 years. I have 500 shares @ 72. Should I buy more to average it.

    ReplyDelete
  12. Thanks mam,
    target of sintex plastic

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and around 300% in 4 years.

      Delete
  13. Thanks Madam.
    I had bought 1000 shares @79.5. will increase my allocation with confidence now

    ReplyDelete
  14. Hi Mam,

    Thank you very much for the suggestion. Could you please let us know about the management?

    ReplyDelete
    Replies
    1. Quality of Management is good

      Company has expanded its footprint in several countries, Several Institute investors and mutual fund houses have invested in this stock. Company has successfully raised funds through FCCB.

      Delete
  15. Dear mam,

    Thanks for this new gem.
    I bought it just few days back when you gave positive reply on my question regarding sintex plastics...I was looking for 25% yoy growth but now seems i can get even more😊
    Rgds
    Rajesh

    ReplyDelete
    Replies
    1. Yes, expected return around 50 -100% in one year and around 300% in 4 years.

      Delete
  16. Thank you so much for your valuable suggestion Mam....God Bless...

    ReplyDelete
  17. Somehow I was guessing Sintex would be recommended by you this weekend, purely based on so many queries in the comments section. I think this will be an excellent stock at the current price.

    Thank You Dollyji.

    ReplyDelete
  18. Thanks Mam,What is the short term and long term return we can expect

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and around 300% in 4 years.

      Delete
  19. Hello Ma'am

    Thank you for your detailed analysis of Sintex Plastics. I already have 500 shares of SPTL averaging 78.

    Should I hold at my buying price or add more at cmp.

    Thank you once again!!

    ReplyDelete
    Replies
    1. Yes, you can allocate 10 to 20% in Sintex plastic,

      Delete
  20. Good morning mam.
    Thanks a lot for this gem.

    ReplyDelete
  21. Hi Mam, Thank you for the recommendation. My question is not regarding the price action.
    Once their products are used and expired/worn out, do they have any process to recycle it? What a common man can will do that? Is it not harmful to the environment after the product is expired?

    Just a thought Mam. Please respond if you have time. - Balaji

    ReplyDelete
    Replies
    1. Plastic is recyclable and we can sell the old or damage plastic product to the scrap buyers. Total 33% of plastic requirement is fulfilled from recycled plastic

      Delete
  22. Thank you madam for another recommendation and good analysis....

    ReplyDelete
  23. It was listed at 132 in 2017 and gradually it was decreased to 62. Any specific reason behind this for the downfall.
    2. How much percent growth r u expecting dolly mam ?

    ReplyDelete
    Replies
    1. It is due to oversupply of shares in the market due to conversion of FCCBs

      12 - 15%

      Delete
  24. Thank you mam I am a small investor I invest 10000 rs in every recommendation from nitin spinners

    ReplyDelete
  25. Thank You Madam Can we see similar growth like Nilkamal in future say after 10 years.

    ReplyDelete
    Replies
    1. Our initial target 50 - 100 % return in one year and around 300% return in four years .

      Yes in the long run we can expect similar return

      Delete
    2. Parveen Vishwanath If management delivered as it has been promised ,it would give multibagger return ....

      Delete
  26. Mam expected return in one year

    ReplyDelete
    Replies
    1. Expected return around 50 -100% in one year and around 300% in 4 years.

      Delete
    2. Thank You so much Ma'am for your recommendation of very popular stock ! I was reading many queries about SPTL since listing and to me it is Ugadi/ Gudipadwa gift :)
      Greetings and best wishes to all blog members ! God Bless all !
      My sincere thanks Madam ji !

      Delete
  27. Please advise me Welspun enterprise Ltd

    ReplyDelete
  28. Mam whether a small investor like us can directly ask queries from company management via email if yes then what are the details one need to mention in that mail about ourself like our name dp id etc or it can be a general mail followed by our query

    ReplyDelete
    Replies
    1. Yes investors have full right to ask the question and get the reply from company management. You can send the mail to company secretary or any email ID provided by company

      Delete
  29. Please advise me skm egg Ltd & Venky Ltd

    ReplyDelete
    Replies
    1. Sorry not tracking any of the above mentioned stocks

      Delete
    2. Dont buy venky ltd at CMP, you will loose

      Delete
  30. Thank you so much madam... May Almighty bless you and your family.

    ReplyDelete
  31. Thank u for recommendation .

    Mam iam holding welspun india as well as nitin spinners in my portfolio. Should I sell welspun india and buy nitin spinners.

    ReplyDelete
  32. Mam happy ugadito you and your family.do you invested in this stock

    ReplyDelete
  33. Hi Mam: Thanks for the stock pick.

    What's the prime reason for fall in stock price from listing price of 130 to 62 in 7 months? Please suggest.

    ReplyDelete
    Replies
    1. It was due to oversupply of shares due to conversion of FCCBs, Warrant holder sold the shares in open market and got good profit

      Delete
  34. Happy ugadi
    Even though I heard a lot about you,this is the first time i have gone through your stock analysis and presentation with attention. Your blog exudes a sense of conviction.The fundamental analysis is quite exhaustive and anyone can sense that lot of effort and hard work is put by both of you.But above all, your willingness to share your ideas with others is what has impressed me even though you are individual investors i.e.both of you.I can spare RS
    1.50 approx.can you advise if I can buy nitin spinners,gati,sintex plast,deepak nitrate etc allocating 10 p.c each
    Besides above Amy other stock you may suggest.

    ReplyDelete
    Replies
    1. You can buy above mentioned stock within 10% from suggested price and give the allocation 10 to 20% for each stock

      Delete
  35. Dear ma'am
    Thanks for new recommendation
    Please advise on GHCL. Do you track it?

    ReplyDelete
  36. Thanks mam for your another gem.Mam one request please guide us how you select the company and what parameters are required to judge a good share.

    ReplyDelete
    Replies
    1. Product and its future demand is the main criteria for any stock selection

      Delete
  37. I have 200 shares of abfrl at 150 can I buy at cmp or wait for more correction.

    ReplyDelete
    Replies
    1. No one can time the market but you can buy the stocks within 10% from suggested price

      Delete
  38. Greetings Madam,

    Thank you for the latest recommendation. Thank you as always for your steadfast and assured guidance and words. May the Lord bless you and all blog members with abundance and good health and thoughts.

    Thanks and Regards,
    D. Viswambharan

    ReplyDelete
  39. Sir, any views on Adlabs Entertainment.. Many thanks in advance

    ReplyDelete
  40. Dear madam, thanks so much for the new recommendation. I feel that goddess Lakshmi is helping us through you. I plan to increase allocation of this stock on Monday. Kindly share your view on bse limited(already holding this stock).

    ReplyDelete
  41. Mam
    Sufficient liquidity will be there to buy on Monday or else upper ckt

    ReplyDelete
    Replies
    1. You will be able to buy the stock within 10% from suggested price

      Delete
  42. Mam please suggets listing date of orient electrical.

    ReplyDelete
    Replies
    1. Still no update and hopefully will get the some update within this month

      Delete
  43. Hi mam,
    Thanks a lot for recommending this gem.
    Already I have 1000@82. Can I average 500 quantity now.

    ReplyDelete
    Replies
    1. once madam said, averaging keeps u in fear, increse in quantity gives you confidence. Both looks same but has huge difference

      Delete
    2. Ya I loved this philosophy. Averaging you do because you cannot bear the huge gap between your buy price and CMP.Increase in allocation you do because you are CMP as oppurtunity to balance your allocation irrespective of loss/profit you are in..Amazing concept , since I understood the depth in this I have stopped averaging

      Delete
  44. Thank you madam for this gem stock

    It give me feeling that Sintex Plastic is also having huge growth similar to Rain Industry

    ReplyDelete
    Replies
    1. Yes Sintex plastic is also well established company in several countries, It has wide range of high value-added products for different applications

      Delete
  45. Mam, will there be any more conversion of FCCB' s into equity shares.

    ReplyDelete
    Replies
    1. 80% of the FCCBs conversion is already done in last 4 - 5 months and the remaining 20% will be done before 2022

      Delete
  46. Thanks madam.
    I was thinking of purchasing sintex last week but due to the fluctuation in market I was skeptical.now i am convinced.thanks a lot

    ReplyDelete
  47. Wish you happy Ugadi madam,thank you for your new pick at the beginning of the year.

    ReplyDelete
    Replies
    1. Wish you very happy Ugadi to you and your family

      Delete
  48. Madam can sptl become 2nd neelkamal plastics?

    ReplyDelete
    Replies
    1. It is already much bigger company then NilKamal in sales and profit. It will become topmost company in plastic segment within 2 - 3 years.

      We can also expect similar return in the long term

      Delete
  49. Hi Madam,
    Thanks for the pick. I need a help from you. I have bought Nahar Industries 600@124. At current market price, there is a loss of around 35%. Can I average it and reduce my buying price to make up some loss? Please advise.

    -Viswa

    ReplyDelete
    Replies
    1. You can continue to hold as it is but not advisable to buy at CMP

      Delete
  50. Considering the house building material companies showing robust growth, seeing the turnaround results posted by Sahyadri Industries ... Pls suggest wheather it is a buy? Also the Agri season starting the next quarter will be very good provided the good monsoon, with the robust product portfolio and International tie up pls provide ur view on Nath Bio Genes

    ReplyDelete
  51. Dear Mam, will it alright in terms of asset allocation if one invests couple of lacs in each of your recommendations @ recommended price range and book 50% profit @100% returns at first opportunity ,then liquidate remaining at 300-400%

    ReplyDelete
  52. Happy Ugaadi to you and Mr.Rajiv. Though I plan to purchase sinplast,gati,nitinspin. PL.advise me whether i Can buy prakash ind, kcp, Deepak nitrate at the prevailing rate . I can spare 1.50 lakhs as initial capital.

    ReplyDelete
    Replies
    1. Wishing very happy Ugadi to you and your family

      You can buy the stocks which are available within 10% from suggested price

      Delete
  53. Mam, can I have 12-15 stocks in my portfolio which is 1.5 cr?

    ReplyDelete
  54. Replies
    1. Wish you very happy Ugadi to you and your family

      Delete
  55. Dolly ji Namasthe what would be share price of ORIENT PAPER listing time of O E. thanq madam
    price of ORIENT PAPER during time of OE

    ReplyDelete
  56. Dear ma'am, Happy ugadi to you and your family. Take care.

    ReplyDelete
    Replies
    1. Wishing very happy Ugadi to you and your family

      Delete
  57. Hi Mam,
    I have 500 qty at 87 of SPTL. Should I avg moreon current price?

    ReplyDelete
    Replies
    1. You can give 10 to 20% allocation to Sintex plastic

      Delete
  58. Dear Mam
    Wish you a very Happy Ugadi...

    In any stock analysis the most difficult part for amateur investor like us is to predict the future of the company.
    I wish to know how experts like you predict the demand of the Sintex plastic.

    Thanks and Regards
    Ajay

    ReplyDelete
    Replies
    1. We can see the increase the plastic application in different field like automobile, housing construction and home furnishing, domestic appliances, agriculture etc. Composite plastic is having huge growth potential because raw material cost, manufacturing cost and maintenance cost of wood, copper, aluminium and steel is increasing continuously. Composite plastic is having much better mechanical properties, no or very low maintenance cost, long life, low manufacturing cost etc

      Delete
  59. Happy ugadi to all and their family's

    ReplyDelete
    Replies
    1. Wishing very happy Ugadi to you and your family

      Delete
  60. Replies
    1. Wishing very happy Ugadi to you and your family

      Delete
  61. Dear mam
    For sintex plastics, what kind of revenue and profit margin we can expect going forward. Since i couldn't get a separate historical financials for the standalone company, can you provide links to the sources.

    ReplyDelete
    Replies
    1. With 12 -15% annual growth, we can expect around 10K crore sales revenue in next 4 -5 years from current 6K crore sales revenue. Profit margin will also improve above 10%

      Delete
    2. Mam, Can 12-15% growth can lead to surge in stock price by 300% in next 3 years?

      Delete
    3. If stock is already undervalued by hundred percent then even without this growth it can give 300% return in 4 years

      Delete
  62. Happy Ugadi Madam Thanks for one more Gem

    ReplyDelete
    Replies
    1. Wishing very happy Ugadi to you and your family

      Delete
  63. Mam at what price orient electrical will list any idea?

    ReplyDelete
  64. Dear Mam, thanks for your latest recommendation. What is your opinion about Syngene International ? Is it worth investing at cmp. Thanks

    ReplyDelete
  65. Dear mam
    For Sintex Plastics, these are some of my doubts
    Though FCCB issue is on the track, are they still on the safer side in terms of debt?.
    As the debt reduces, due to no capex the revenue should increase, in that case does the increasing dependency of the company towards government projects, pose threat of delayed payments or hence a threat to FCF.

    Looking forward for your reply.

    ReplyDelete
    Replies
    1. In next four years we are expecting turnover of 10,000 crores and net profit around 600 to 800 crores so in this situation 2500 crore debt is very small for this company

      Company is focusing on Custom Moulding business and reducing the exposure in order from government or monolithic housing construction

      Delete
  66. Dear madam
    Your views on tube investments of india

    ReplyDelete
  67. Is it worth to invest in hero motor corp. Your views pls

    ReplyDelete
  68. Mam should I buy Nitin spinners at this level? Or go down another?

    ReplyDelete
  69. Hello Madam, thank you for this pick. What is your view on Ausom enterprise?

    ReplyDelete
  70. Hi madam, are you tracking sintex industries as well? Corrected from 33 to 18 due to waerants and huge expansion with TUFS loans

    ReplyDelete
  71. Mam I have both pennar Ind and Prakash Ind in my portfolio. Should I move to one or can keep both.

    ReplyDelete
    Replies
    1. Need to stick with your investment decision at least for 2 to 3 years

      Delete
  72. Mam is it right time to invest in Private Housing finance companies or one should stay away?

    ReplyDelete
    Replies
    1. Still you can wait for some more correction in this sector

      Delete
  73. Thanks madam for such a support to the novice investors like us.
    Is there any possibility to get sintex plastic below 50?

    ReplyDelete
    Replies
    1. If Sensex will correct further 5000 points then definitely you will get Sintex plastic at 50

      Delete
  74. Dear Madam,
    Would like to know your conviction of rising of Sintex Plastics by 50 to 100% in 1 year, even during these beaten down times at the bourses. Looks like that this whole year of CY 2018 will be a wash out for the stock market. Therefore, would Sintex Plastics go up by 50 to 100% in 1 year during such distress full times.

    ReplyDelete
  75. I hope you have considered that management itself has given a FLAT revenue guidance.
    If revenues prediction is flat by the management itself, then how will this be a multi bagger from here ?

    ReplyDelete
    Replies
    1. If you have bought it for one month then exit immediately because management has given the statement 7-8 months ago and this month’s last month of financial year 2017-18

      Delete
  76. Madam nitin spinner, surana solar , gati , Pennar ind..all still buy at current level ?

    ReplyDelete
    Replies
    1. Yes if these stocks are trading within 10% from suggested price

      Refer update given on Sarana solar

      Delete
  77. Mam, your opinion on vivimed labs, Zubair agri chemical?

    ReplyDelete
    Replies
    1. Sorry not tracking any of the above mentioned stocks

      Delete
  78. Dear Mam, my portfolio is having 20% of Kesoram and avg price is 143. can I switch 10% to Nitin spinners or Sintex Plastics?

    ReplyDelete
    Replies
    1. Need to stick with your investment decision at least for 2 to 3 years

      Delete
  79. Hello Ma'am, Jubilant Industries has also come back into your recommended buying range of +_ 10%. The stock has been in doldrums, it did so well in the beginning and since then has languished. What would be your recommendation for adding more quantity in this period of deep market correction keeping in mind future of the company now onwards? I am invested in very low quantity in the stock. Thank you so much.

    ReplyDelete
    Replies
    1. No change in previous view for jubilant industries, you can continue to hold free of cost shares for long-term

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    2. Can I buy it for first time as it is within price range? though it has completed it's first target?

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  80. Ma'am up to how mkt may go down?

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    Replies
    1. Market will start uptrend very soon

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    2. Thanks for words on market uptrend very soon Madam ! I am not watching since Friday last so just waiting for the uptrend ! Do not wish to get unnerved at present downtrend just holding on...

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  81. Thanks for your valuable guidance.your view on NCL industries.

    ReplyDelete
    Replies
    1. You can continue to hold it but not advisable to buy at CMP

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  82. Madam, please give your view about Genus Papers

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  83. This comment has been removed by the author.

    ReplyDelete
    Replies
    1. Better to pay the full tax on time instead of taking negative approach to save small %

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  84. Dear Mam,

    Thank you for all your support.
    Your take on sandhar technologies limited ipo Please

    Thank & Regards
    Ratna Reddy

    ReplyDelete
  85. think this is first scrip closing in negative on the day of recomendation.

    ReplyDelete
    Replies
    1. Market was closing negative from last one week so it has given good opportunity to buy at suggested price

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  86. Mam ur view on companies debt

    ReplyDelete
    Replies
    1. Without giving any debt all bank will close, most of the business will unable to grow without debt so rotation off the money is important in any economy or any business

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  87. Hello Ma'am

    Whats your views on HAL IPO, Is it recommended to buy now or wait for few months?

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  88. Madam, May I average out the price of orient paper at cmp ? Waiting for orient electric listing. Thx n rgds.

    ReplyDelete
    Replies
    1. It is not advisable to buy it separately because our investment decision was mainly due to electric business

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  89. Madam I want to increase exposure in transport & logistics sector and chemical sector from 2% to 20% in my portfolio.
    If is it a right decision then please suggest some shares at cmp.
    Thanks in advance....

    ReplyDelete
    Replies
    1. You can buy Gati at CMP and Deepak nitrate near 230 in case of further correction

      Delete
  90. Dear Mrs Dolly,
    What are the expected returns from NOCIL in short term as well as long term from cmp? I believe it's doing huge capex from internal accruals and it's likely to come online by next financial.

    Thanks and warm regards.

    Navraj Grewal

    ReplyDelete
    Replies
    1. If you already hold then you can continue to hold it for further gain but not advisable to buy at CMP

      Delete
  91. Hi Ma'm - In the Automotive segment, how is Sintex placed against Kingfa? Technology-wise, does it have any edge over Kingfa?

    ReplyDelete
    Replies
    1. Sorry not tracking Kingfa but Sintex plastic is far ahead of any other company in this segment

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  92. Mam, Respects to you. Can we add DWARKESH at cmp.?

    ReplyDelete
    Replies
    1. It is not advisable to buy sugar stocks in current scenario

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  93. Hello mam, could you please advise on HSIL & CESC. These companies are going for demerger & so can there be value unlocking happening in these counters.

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  94. Mam when will be Deepak nitrite acetone phenol plant start?

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  95. Dear Maam

    Can one enter Aimco Pestisides at cmp 160 for a holding period of 2 years?
    Thanking you in advance

    ReplyDelete
  96. Mam prakash industry 175pe or butterfly Gandhimati 484pe buy karma sakta hoo ?

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  97. Hello mam...next month onwards whether we can expect U- turn in mkt...how is ur expectation aboutQ4 results,

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  98. Madam, May I invest in Trident limited at CMP? Regards.

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  99. Dear mam, is there any reason behind shree pushskar continues falling?

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  100. Mam, when is the next stock coming?

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  101. Mam may i know your view on Arogranite.
    I am holding it at an average price of 78 for years.
    Should i hold further or Exit?

    ReplyDelete
  102. K Shivakumar - SPTL please revert about quality of mgmt.

    Management quality is very good. Company has already completed the expansion all over the world so they are not looking for any major capax or debt. In fact they are having sufficient cash to buy 10% equity of the company on preferential basis and 50% above market price.

    Need to avoid spreading baseless rumours which can harm to other investors and float negativity among new investors. Market is giving best buying opportunity but most of the crowd will lost in rumours or fear of unrecoverable fall.

    ReplyDelete