Tuesday 29 August 2017
Monday 28 August 2017
HIL - New High
The stock was recommended @ 630-640 Click Here , Today making new high and closed @ 1215 Watch it out !!!!!!
Thursday 17 August 2017
TIMETECHNO - MAKING NEW HIGH
The stock was recommended @ 51 , making new high today and trading @ 187+++ Watch it out!!!
Thursday 10 August 2017
Indian Nippo - Making High
The stock was recommended @ 470 on 22-12-2014, Today locked @ 20% @ 767 !!!!! watch it !!!!
Tuesday 8 August 2017
HALDYN Glass - Ready to Clear Glass
The company manufactures empty glass containers used by
liquor, food and beverage, pharma & cosmetic industries. Though liquor
forms the biggest customer segment, yet, considering surplus capacity created
by some of the existing manufacturers, the Company has recently diversified in
to production of wide mouth / open jars (through press and blow process) and
has reviewed efforts to increase export of its products. Ongoing study has established
that non glass food / drug containers are known to have ill effects on human
health. National Green Tribunal - keeping environmental issues in to mind,
wants curbs imposed on plastic packaging.
Due to easing foreign direct investment policies of
India, global business community is bullish on India as an investment
destination and is exploring the business relationship with Indian
manufacturers. Make in India initiatives along with easing Government policies,
may be seen as a turning point in the collective sentiment of a large number of
business leaders in India. A recent survey has found next three years to be ‘promising’
from economic growth prospective which would result in significant business
transformation. India, being a large untapped market along with young
population turning consumers, good monsoon expected to double farmer incomes
coupled with MGNREGA / 7th pay commission money coming in to system, would spur
consumption demand and would be a force multiplier for the economy. These developments
would provide enhanced opportunities to the company. The findings reveal an
optimistic side of India Inc which has been reeling under pressure.
The Company operates only in one business segment of
manufacturing / supplying of glass bottles & containers.
The company’s customers include major pharmaceutical and brewery companies like
Glaxo Smithkline Pharma, Bajaj Corp, Hamdard, ADF, Vadilal, Parle Agro, Zydus,
Pfizer, Burroughs Welcome, Parke-Davis, Raptakos Brett, Cipla, Hindustan
Antibiotics, Wyeth, Novartis, Associated Breweries and Distilleries, Mysore
Breweries, UB Group, Camlin, Bajaj Consumer Care, Champagne Indage, Tilaknagar
Industries, Empee Distilleries, Shiva Distilleries, Denischem, Amul, Smithkline
Beechem, Tablets India etc.
The Company has successfully completed up gradation of
one of it’s furnaces with enhanced capacity. During the process other ancillary
facilities too were up graded with latest technologies. The entire capital
expenditure was funded through Company’s internal resources. The Company has
recently received ISO 22000 certificate for supplying food grade bottles. This
will help the Company to strengthen quality parameters so as to become most
preferred supplier to the customers. Considering emerging opportunities, Company
is cautiously optimistic for coming year’
To counter the surplus capacity available, Company has commenced efforts to increase export of its products and thus faces the risk of forex volatility to that extent. In addition, gas prices being linked to US dollar, the Company is also subject to the risk of resultant forex fluctuations. Other than these, the Company has limited exposure to foreign exchange risks as it mainly operates in domestic market. Apart from normal business risks, the volatility in global economies / BREXIT after effects can impact on developing and emerging economies -like India. The Company had no subsidiary as at the end of the financial year ended March 31,2016.
However it may be noted that on June 23, 2015 your
Company entered into a Joint Venture Agreement [“the JV Agreement”] with Heinz Glass
International GmbH [“Heinz”], for manufacture and marketing of clear glass
containers for the cosmetics and perfumery industries, in India and abroad.
The Company continues its objective of diversification
and expansion within it’s core competence area of glass manufacturing. It has
entered into a joint venture with ‘Heinz Glass' from Germany to manufacture
cosmetic glass. This new joint venture is being executed through a new company
called “Haldyn -Heinz Fine Glass Pvt. Ltd.” where both Haldyn and Heinz, have
invested equally and have a 50 : 50 equity share holding structure. The joint
venture company will manufacture glass flacons for the perfume and cosmetics industry
with technical support from Heinz. A large portion of the products will cater
to the export market. Commercial production is expected to commence by the
fourth quarter of the current financial year.
Looking
to industry growth, the stock is attractive PE at 40-42 and worth to hold for
medium to long term in portfolio.
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