Jayaswal Neco Industries Ltd @ 8.16

1. Jayaswal Neco Industries Ltd is a 10 rupee face value Iron and Steel stock which traded  @8.16 

Shrot Brief of Company Bussiness:- Jayaswal Neco Industries Ltd steel plant product portfolio include speciality Steels like Hot Rolled Bars in Rounds and Squares, Wire rod in Coils and High Strength Leaf Springs in Flats. 

Jayaswal Neco Industries Ltd have a production capacity of 140,000 MTPA, and Jayaswal Neco Industries Ltd is INDIA largest manufacturer of Iron & Steel castings. 

Jayaswal Neco Industries Ltd manufacturing ferrous castings for Automotive, Engineering & Construction division. ( Source of this information is company website which you may visit here:-http://www.necoindia.com/products/iron-steel-products/ ).

2. Year high of Jayaswal Neco Industries Ltd is 11.30 year low was 6.51 and stock traded at 8.16, 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 Jayaswal Neco Industries Ltd hold 68.89 % 

Promoters pledged their 12.03 % holding So this is the reason why this recommndation is catagarized under penny share tips because in my home page www.maheshkaushik.com I put stocks which full-fill all of my criterias like no any pledged stock.

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

FII & DII holding of Jayaswal Neco

4.Jayaswal Neco Industries Ltd This stock not give dividends ( another point that not full fill my criteria for publishing on my home page where I put only dividend paying stocks.)

5. Base price of Jayaswal Neco Industries Ltd is 9.66 So After the recent breakout of today ( 20 Aprail 2016) stock still traded 18.38% Below from base price So I think from 8.00 to 8.50 this stock is a great buy for long term.

See last 3 year closing price and closing price graph in this excel sheet:-

Click here to download last 3 year closing price and closing price graph of Jayaswal Neco Industries Ltd.

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

7. Jayaswal Neco Industries Ltd net sale per share of Fy 14-15 is 47.25.

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

9. Book value of Jayaswal Neco Industries Ltd is 34.73 So in book value term this stock is a value buy at CMP.

8. Overall I think Jayaswal Neco Industries Ltd is a good long term penny stock and due to recent breakout this stock is also good for short term trading . 

I think you already knew that I can not provide target and stop-loss for my multibagger recommendations and penny stock recommendation you can calculate fundamental target with help of formula given in my book.

9. 200 DMA of Jayaswal Neco Industries Ltd is 7.90 So at CMP 8.16 Today Jayaswal Neco Industries Ltd give a positive breakout above 200 DMA and close @8.16 ,So I think due to steel and iron sector revival and this positive breakout this stock may give us decent retruns.

10. My recent updates :- My Short Term Trading Calls.

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

Himadri Chemicals & Industries Ltd @ 15.75

1. Himadri Chemicals & Industries Ltd is a 1 rupee face value Commodity chemical company.

2. Himadri Chemicals & Industries Limited is the largest coal tar pitch manufacturing company in India.

Short Notes on Company bussiness:-

Himadri Chemicals & Industries Limited is a carbon specialist, developing coal tar by-products and derivatives (advanced carbon material, carbon black, corrosion protection and naphthalene)

The Company addresses growing needs of sectors like aluminium, graphite, infrastructure, lithium-ion battery, tyre and rubber applications

The environmentally conscious company has also invested in 2.5 MW of wind power generation in Dhule (Maharashtra, India).Largest Indian coal tar pitch (CTP) manufacturer

Six manufacturing facilities located in India and one in China. company.

3. Year high of Himadri Chemicals & Industries Ltd is 25.80 year low was 12.40 and stock traded at 15.75, 

Year high/ low ratio near 2.07 and stock turn around from loss to profit in Dec 2015 result so as per my rule if company put positive results after year low then year high/low ratio is accepted till 2.5,  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

4. Promoters of Himadri Chemicals & Industries Ltd hold 44.63% 

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

Public share holding in himadri chemical

Himadri Chemicals & Industries Ltd has informed BSE that the "Stakeholders Relationship Committee" of the Board of Directors of the Company at its' meeting held on March 25, 2016 has allotted 3,26,75,297 Equity Shares of Re. 1/- each at a price of Rs.19/- per share (including a premium of Rs. 18/- per share) aggregating to Rs. 62,08,30,643/- on preferential basis to the promoter group company in terms of the Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 22, 2016. It means promoters increase their stake and buy their company own shares @19 per share then why not we buy this stock from open market @ 15.75 only?

5.Himadri Chemicals & Industries Ltd pay regular dividends from 2007 to 2014  but due to loss in 2015 this stock not pay diviend in 2015 but I think after turn around in profits company again start dividend payouts.

6. Base price of Himadri Chemicals & Industries Ltd is 19.34 So CMP is  20 % below from base price so I think this time is best suitable time for buying himadri chemicals for long term.

Click here to download last 3 year closing price with graph

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

8. Himadri Chemicals & Industries Ltd net sale per share of FY 14-15 is 35.71.

9. Net sale per share is good and I knew that stock recently diluted his equity by allotment of shares to promoters as I described in above point 4 so after this equity dilution net sale per share is also diluted near 32, That’s not bad  So for calculating fundamental target price take 32 instead of 35.71.

Read my book or this article to knew more about fundamental target price of a stock.

How to calculate fundamental target price

9. Book value of Himadri Chemicals & Industries Ltd is 19.85 So in book value term this stock is a value buy at CMP.

8. Overall I think Himadri Chemical is best long term penny share investment for 1-2 year views .

9. 200 DMA of Himadri Chemicals & Industries Ltd is 16.08 So at CMP 15.75 Himadri chemicla traded very near in his 200 DMA So I think 200 DMA may be cross in coming days then this stock is also suitable for trading .

10. My recent updates :- How to Get regular tax free monthly income with mutual funds dividend or SWP.  

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