Stock update: BHEL (Positional call) Profit update

On 12 th May we have posted  the BHEL stock update. And in that post we have advised to  Buy 1 lot of future when bhel equity crosses 236.05 level and wait till this month expiry. And target for this month is 250.

.On 19 th  May it reaches the buy level i.e it crosses 236.05 level.

And we have advised in that post that "It will be touch 250 levels very soon as It got many project from some state. Bhel has been consolidating for long between 225 – 235 levels. Now it can move up anytime. Buy for short term target of 250."

 

My Target got reached yesterday (250 level).Yesterday high was 252.80.

 

Please find below the link for that post

http://nseanalyst.blogspot.in/2015/05/stock-update-bhel-positional-call.html

Profit update:

Lot size for BHEL is 1000. 

250-236=14*1000

Profit is Rs 14000

Feel free to leave comment if you need any stock update.

TataMotors Quarter(Q4) Result Update:

TataMotors disappointed street on Tuesday with the fourth quarter profit plunging 56.2 percent year-on-year to Rs 1,716.5 crore, impacted by higher depreciation and marked-to-market un-matured hedges. "Consolidated profit before tax for the quarter decreased to Rs 2,771 crore from Rs 5,053 crore for the corresponding quarter last year due to higher depreciation and amortization and adverse mark to market of UN-matured hedges not eligible for hedge accounting, 

Tata Motors reported consolidated revenues (net of excise) of Rs.67,576 crores for the quarter ended March 31, 2015, a growth of 3.5% over Rs.65,317 crores for the corresponding quarter last year, due to increase in wholesale volumes and  richer product mix both in the standalone business and Jaguar Land Rover (JLR). The Consolidated Profit before tax for the quarter stood at Rs.2,771 crores, against Rs.5,053 crores for the corresponding quarter last year, decreased due to higher depreciation and amortization and adverse mark to market of un-matured  hedges not eligible for hedge accounting. The Consolidated Profit after tax for the quarter stood at Rs.1,717 crores, against Rs.3,918 cores for the corresponding quarter last year.


The consolidated revenue (net of excise) for the year ended March 31, 2015, was Rs.2,62,796 crores posting a growth of 12.9% over Rs.2,32,834 crores for the corresponding period last year. The Consolidated Profit before tax for the year ended March 31, 2015 stood at Rs.21,703 crores, against Rs.18,869 crores for the corresponding period last year. The Consolidated Profit after tax (post minority interest and profit / loss in respect of associate companies) for the year ended March 31, 2015 stood at Rs.13,986 crores, against Rs.13,991 crores for the corresponding period last year.
In Passenger vehicles, ZEST and the newly launched BOLT, continued to receive an encouraging response from the customers. These led to the passenger vehicles segment of the company showing a growth of 19.1%  in Q4 FY 2014-15 with car segment growth of 33.0% Y-o-Y in Q4 FY 2014-15. Company expects to continue its volume growth with full year of Zest and Bolt, recently launched new GenX Nano and other new and exciting products that will be launched in the coming time period under the Company's Horizonext strategy.

The sales (including exports) of commercial and passenger vehicles for the quarter ended March 31, 2015, stood at 1,39,053 units, up by 5.1%, as compared to the corresponding quarter last year. The revenues (net of excise) for the quarter ended March 31, 2015 stood at Rs.10,784 crores, an increase of 26.2%, as compared to Rs.8,545 crores for the corresponding quarter last year. EBITDA  for the quarter stood at Rs. 299 crores, with a margin of 2.8% against the negative EBITDA of Rs. 528 crores and negative margin of 6.2% for the corresponding quarter last year.  Loss before and after tax for the quarter ended March 31, 2015 was Rs.1,156 crores and Rs.1,164 crores, respectively, against Rs.1,417 crores and Rs.817 crores, respectively, for the corresponding quarter last year.

The revenues (net of excise) for the year ended March 31, 2015, stood at Rs.36,295 crores, as compared to Rs.34,288 crores in the corresponding period last year, an increase of 5.9%. Loss before and after tax for year ended March 31, 2015 was Rs.3,975 crores and Rs.4,739 crores, respectively, against the Loss before tax of Rs.1,026 crores and Profit after tax of Rs.335 crores, respectively, for the corresponding period last year.

Jaguar Land Rover wholesales and retails for the year ended March 31, 2015 were 470,523 units and 462,209 units respectively (129,205 units and 124,307 units respectively for Q4 FY 15).
Revenues for the quarter ended March 31, 2015 of GBP 5,826 million, up 8.9% over GBP 5,349 million in the corresponding quarter last year. Operating profit (EBITDA) for the quarter ended March 31, 2015, stood at GBP 1,016 million (with operating margin of 17.4%), representing a growth of 10.4% over GBP 920 million in the corresponding quarter last year. Profit before tax of GBP 396 million for the quarter ended March 31, 2015 was down 31.3% over the corresponding quarter last year (GBP 576 million in the corresponding quarter last year) due to higher depreciation and amortization and unfavourable revaluation of foreign currency debt and unrealised hedges that are not eligible for hedge accounting treatment. Profit after tax for the quarter ended March 31, 2015 stood at GBP 302 million .

Considering the continued weak operating environment in the standalone business, and in view of the losses for the year no dividend is permitted to be paid to the Members for FY 2014-15, as per the Companies (Declaration and Payment of Dividend) Rules, 2014.

Bharat Heavy Electricals (BHEL) Quarter(Q4) Result Update:

Bharat Heavy Electricals (BHEL), the country’s largest power equipment manufacturer, has posted a 52 per cent drop in net profit during the fourth quarter ended March on slowdown in project execution. The company reported net profit of Rs 888.35 core during the quarter against Rs 1,844 core in the corresponding quarter in the previous financial year. Bhel said fiscal fourth-quarter profit declined 52% because of lower sales and other income.Net profit fell to Rs.888.35 core in the quarter ended 31 March from Rs.1,844.59 core a year ago. Net sales fell 15.8% to Rs.12,368.43 core from a year earlier.BHEL has posted a net profit of Rs 888.4 core in January-March quarter, down 52 percent from Rs 1,844.6 core in year-ago period. Net sales, during the quarter, also slipped 16 percent to Rs 12,368.4 core compared to Rs 14,755 core year-on-year.

The major decline in profit came despite a 10.2 per cent cut in expenses to Rs 11,286 core during the quarter. The company managed to pull down  employee benefit expense by 31 per cent to Rs 915 core from 1,320 core in the corresponding quarter in the previous financial year.Total income of the company also dipped 17 per cent to Rs 12,702 core during the quarter compared with Rs 15,320 core in the corresponding quarter of the previous financial year.      

For the full-year ended March, BHEL’s net profit was down 59 per cent to Rs 1,419.29 core from Rs 3,460.78 core in the corresponding quarter in the previous financial year. Total sales also fell by 23 per cent to Rs 29,541 core this financial year from Rs 38,388 core in 2013-14.

One of surprising element is its employee costs which was down 30.7 percent at Rs 915 cr against Rs 1,320 core. The board has recommended final dividend at 31 percent (Rs 0.62 per share) on the paid up share capital of the company, for the year 2014-Segment-wise, the company’s power business revenue was at Rs 10,240 core in the fourth quarter, against Rs 12,211 core in the corresponding quarter. Industry unit revenue was at Rs 2,755 core compared to Rs 3,221 core.

The company also said its board has recommended final dividend at 31 percent (Rs 0.62 per share) on the paid up share capital of the company for the year 2014-15.    

Bharat Heavy Electricals Limited (BHEL) has brought a turnaround in the hydro power sector by commissioning 6 hydro sets aggregating to 736 MW, accounting for 100 per cent of the hydro power capacity addition in the country during fiscal 2014-15.

 Notably, this is also the highest hydro capacity addition in a single year by BHEL in the last decade. The feat was achieved by successfully commissioning projects of three major Central utilities - NTPC, NHPC and SJVNL. The projects commissioned by BHEL include 2 units (200 MW each) of Koldam Hydro Electric Project (HEP), with which NTPC has made its maiden entry in the hydro sector. In addition, a 130 MW unit of NHPC's Parbati III HEP and 3 units of SJVNL's Rampur (68.67 MW each) were commissioned. Significantly, the two units of NTPC's 4x200 MW Koldam HEP were commissioned on consecutive days. The surface power house comprises 4 Francis turbines of 200 MW rating each, operating under a head of 131.2 metres.

 BHEL has the distinction of executing all the four hydro projects being presently developed by NTPC. Apart from Koldam, the other three hydro projects of NTPC, being executed by BHEL, are Tapovan Vishnugad HEP (4x130 MW), Lata Tapovan HEP (3x57 MW) and Rammam Stage-III HEP (3x40 MW). With the commissioning of the fourth unit of the 4x130 MW Parbati III HEP of NHPC, the 520 MW project has now become fully operational. 

BHEL has a long standing association with NHPC beginning with setting up of NHPC’s first hydro generating plant at Baira Siul (3x60 MW) in 1981. BHEL's contribution to NHPC's total generating capacity now stands at 1,884 MW. In addition, BHEL has commissioned the last three units of 68.67 MW each of Rampur HEP of SJVN Limited.

State Bank of India (SBI) Quarter(Q4) Result Update:

SBI today reported 23 per cent jump in standalone net profit at Rs 3,742.02 crore in the fourth quarter ended March 2015 on improvement in its asset quality. State Bank of India 's March quarter earnings have beaten estimates with net profit rising 23.1 percent to Rs 3742 crore from Rs 3040.7 crore in corresponding quarter last quarter. Net interest income (NII), during the quarter rose 14 percent to Rs 14,712 crore compared to Rs 12,903 crore year-on-year (Y-o-Y).

The country's largest bank had made a net profit of Rs 3,040.74 crore during the same quarter a year ago.Total income of the bank also increased to Rs 48,616.41 crore in the last quarter of FY15, from Rs 42,443.27 crore in the same quarter a year ago, State Bank of India (SBI) said in a filing to the BSE.

Though  asset quality has seen big improvement it was aided by sale of loans to Asset Reconstruction Companies (ARCS). Sale of loans to ARCs increased to Rs 4510 crore against no amount in last quarter. Write offs was at Rs 4874 crore versus Rs 5096 crore while recoveries stood at Rs 4485 crore. Home loans increased from Rs 1,40,738 crore in March’14 to Rs 1,59,237 crore in March’15 (13.14 percent).

During January-March quarter of 2014-15, the bank's asset quality improved as net non-performing assets (NPAs) or bad loans were trimmed to 2.12 per cent of net advances as against 2.57 per cent at the end of previous fiscal.

At the same time, gross NPAs also came down to 4.25 per cent of gross advances, from 4.95 per cent at the end of March 2014.During the quarter, total provisioning and contingencies of the bank were high at Rs 6,592.91 crore from Rs 5,891.12 crore a year ago.

For the entire fiscal ended March 2015, SBI's net profit increased 20 per cent to Rs 13,101.57 crore as compared to Rs 10,891.17 crore for the year ended March 2014.Total income on a standalone basis increased to Rs 1,74,972.96 crore from Rs 1,54,903.72 crore for the year ended March 2014.

The bank has recommended a dividend of 350 per cent or Rs 3.50 per share for the year ended March 2015.

Stock analysis: TTK Prestige (TTKPRESTIG) Profit update

On 7 th March we have posted  the TTK Prestige (TTKPRESTIG)  stock update. And advised to buy this stock when it comes to 3250 level.On 27 th March Low was 3140. so my buy level has reached.

In that post we have strongly recommended to buy this stock at 3250 and first target is 3900 and final target is 4000. And it crossed my target level i,e 4000.

Today high is 4048.

Please find below the link for that post

http://nseanalyst.blogspot.de/2015/03/stock-analysis-ttk-prestige-ttkprestig.html

Further if you need any shares analysis in your mind or you are considering to trade them intraday or if you want to get invested in these shares for short term and long term, approach me. Whenever I get a time I would analyze them  and would provide entry and/or exit level in this blog itself.

Stocks to watch update on 19 may 2015

We have provided the last update i,e 2 month’s back that to buy Dr. Reddy's Laboratories Limited share at 3350 level and target value was mentioned as 3500. Now current value has been increased as 3649 as said earlier.

Please find below link to check the trade value.

http://nseanalyst.blogspot.de/2015/02/stocks-to-watch.html

I hope everyone get good profit.

Stock update: ICICI Bank(Positional call)

About ICICI Bank:

ICICI Bank is India's largest private sector bank with total assets of Rs. 5,946.42 billion (US$ 99 billion) at March 31, 2014 and profit after tax Rs. 98.10 billion (US$ 1,637 million) for the year ended March 31, 2014.ICICI Bank currently has a network of 4,050 Branches and 12,642 ATM's across India. ICICI Bank is India's largest private sector bank with total assets of Rs. 5,946.42 billion (US$ 99 billion) at March 31, 2014 and profit after tax Rs. 98.10 billion (US$ 1,637 million) for the year ended March 31, 2014.ICICI Bank currently has a network of 4,050 Branches and 12,642 ATM's across India.

ICICI Bank provides a wide array of banking products and financial services to its retail and corporate customers. It has a wide variety of delivery channels and specialized affiliates and subsidiaries that ensure the flow of its offerings in the areas like investment banking, venture capital, life and non-life insurance and asset management. This bank is also India's largest credit card issuer. The equity share of ICICI Bank is listed on various stock exchanges like NSE, BSE, Kolkata Stock Exchange and Vadodara Stock Exchange etc. Its AD are also listed on the New York Stock 

Exchange .

BSE Code For this stock is 532174 and the NSE Code is ICICIBANK.

Latest announcement:

ICICI Bank Ltd has informed BSE that the Bank has allotted 523,100 equity shares of face value of Rs. 2/- each on May 11, 2015 under the Employees Stock Option Scheme, 2000 (ESOS).

ICICI Bank Investment today sold over 90.89 lakh shares in software solutions provider 3i InfotechBSE -9.90 % for Rs 3.59 crore through an open market transaction. According to bulk deal data available with the NSE, ICICI Bank (Investment) sold 90.89 lakh shares of 3i Infotech.
The shares were sold at an average price of Rs 3.95 apiece, valuing the transaction at Rs 3.59 crore.

Expected movement for this Month:

Buy:

ICICI Bank was last traded at Rs 317.45, up 2.88%. It is one of the biggest bank in India and good stock invest our money too. we can buy ICICI bank at current market price (317). We can buy this stock when ICICI Equity crosses 318.72 level. so my first target is 324.70 and second target is 326.20 (You can exit at this level). Finally my exit target for this month Buy is 329.

Please buy ICICI bank future  when ICICI bank equity crosses 318 level. Target is 326.

Short:

According to last month high and low, we can short this stock when it crosses 312.80.
 So my first target is 306.93, second target is 305.67 and exit target for short is 304.we can short the ICICI bank future at 312 level. Please find the below table.

Dr. Reddy's Quarter(Q4) Result Update:

Dr. Reddy's Laboratories reported 8 per cent annual growth in its consolidated net profit for the January-March on the back of strong growth in its revenues.The company had posted a net profit of Rs 481.60 crore for the corresponding period of previous fiscal year.Dr Reddy's Labs  has posted a consolidated net profit of Rs 519 crore in the quarter ended March 2015 up 7.8 percent from Rs 481.6 crore in the corresponding quarter last fiscal. During the period, total income was up 11.2 percent at Rs 3870 crore versus Rs 3481 crore (Y-o-Y) on consolidated basis

Dr. Reddy's Laboratories reported a net profit of Rs 519 crore over sales of Rs 3,870 crore in the quarter ended March 31, 2015. The pharma major had reported a net profit of Rs 482 crore on sales of Rs 3,480 crore in the corresponding quarter of last fiscal.   Its net profit at Rs 590 crore over sales of Rs 3,868 crore.

Dr. Reddy's net profit in the March quarter was impacted by forex losses of Rs 84.3 crore high research & development (R&D) expenses which came in at Rs 514 crore against Rs 398 crore year-on-year.

Operating profit (EBITDA) of the company came in at Rs 810 crore against Rs 781 crore year-on-year and its operating margin, a major of profitability declined 80 basis points annually to 21 per cent. Analysts had estimated its EBITDA margin at 22 per cent.

The loss was incurred due to net monetary assets in Venezuela as the Government had modified its currency exchange systems. Overall, the company faced currency volatility in some emerging markets. However, it had to bear lower tax expense at Rs 74.2 crore in the quarter against Rs 125.2 crore year-on-year. Consolidated operating profit was at Rs 612 crore versus Rs 585.6 crore (Y-o-Y) while operating margin was at 15.8 percent compared to 16.8 percent (Y-o-Y). Margins were also impacted due to higher research and development (R&D) costs. R&D expenses were up 29 percent Y-o-Y to Rs 514.4 crore versus Rs 398.5 crore (was up 45 percent Y-o-Y in Q3). It also contains an impairment loss of Rs 9.5 crore in R&D. For the full year, R&D expenses were up 41 percent at Rs 1740 crore Y-o-Y which is 11.8 percent of revenue compared to 9.4 percent in FY14.

In a separate filing, Dr Reddy's Laboratories said the Board has recommended a final dividend of Rs 20 (400 per cent) per equity share of Rs 5 face value, for the financial year. The company has declared a dividend of Rs 20 per share.

Stock update: BHEL (Positional call)

About BHEL:

BHEL is part of the Infrastructure sector in Indian share market. BHEL is an integrated power plant equipment manufacturer and It is one of the largest engineering and manufacturing company. BHEL engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy. Power, Transmission, Industry, Transportation (Railway), Renewable Energy, Oil & Gas and Defense with over 180 products offerings to meet the needs of these sectors.

BSE code for BHEL is 500103 and NSE code for this stock is BHEL.

  

Recent achievement:

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the first unit of 82.5 MW at the upcoming Shrinagar Hydro Electric Project (HEP) in Uttarakhand. The greenfield hydro electric project consisting of four units of 82.5 MW each is being set up by Alaknanda Hydro Power Corporation Limited (GVK Group). The project is located on the Alaknanda River (near the town of Shrinagar in Pauri Garhwal District of Uttarakhand), a major tributary of the Ganga River, a perennial river in Uttarakhand. The project is designed to utilise the waters of River Alaknanda by way of a diversion dam. Power generation from Shrinagar HEP is likely to result in reduction of greenhouse gas emissions.BHEL’s scope of work in the project includes design, manufacture, supply, installation and commissioning of 4 units of 82.5 MW Francis Turbines, Generators, Static Excitation System, Generator Transformer, Unit Transformer, Station Transformer, Main Inlet Valve, Digital Governors, Control & Monitoring System (SCADA), Busduct, associated station auxiliaries, 400 kV Switchyard and Electrical & Mechanical Balance of Plant (BOP)

BHEL is presently executing hydro electric projects of around 4,000 MW which are under various stages of implementation. Other hydro power projects under execution by BHEL in Uttarakhand include Lata Tapovan HEP (3x57 MW), Tapovan Vishnugarh HEP (4x130 MW), Vyasi HEP (2X60 MW) and Vishnugarh Pipalkoti HEP (4x111 MW). So far, more than 500 hydro generating sets of various ratings have been contracted on BHEL in India and abroad, with a cumulative capacity of more than 26,000 MW. Of these, equipment for about 5,000 MW generating capacity has been contracted outside India.

Expected movement for this Month:

BHEL was last traded at Rs 234.55 , up 1.41%.We can buy this stock when equity crosses at 236.05level. My first target for this stock is 241.20 and my exit target for this month is 245.Please hold this stocks till expiry. It will be touch 250 levels very soon as It got many project from some state. Bhel has been consolidating for long between 225 – 235 levels. Now it can move up anytime. Buy for short term target of 250.

According to the last month High and low value, If it crosses 236.05 level then it will surely touch 243.80.

Tips to buy:

Lot size for BHEL is 1000. 

Buy 1 lot of future when bhel equity crosses 236.05 level and wait till this month expiry. And target for this month is 250.

Stock update: Tatamotors (Positional call)

About Tatamotors:

Tata Motors Limited is India's largest automobile company, with consolidated revenues of INR 2,32,834 crores (USD 38.9 billion) in 2013-14. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India.  With over 8 million Tata vehicles plying in India, Tata Motors is the country's market leader in commercial vehicles and among the top in passenger vehicles. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, CIS and Russia.

BSE Code for TATAMOTORS is  500570 and the NSE Code for this stock is TATAMOTORS

Latest announcement:

Tata Motors Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 26, 2015, inter alia, to consider the Audited Financial Results and the dividend, if any, for the financial year ended March 31, 2015.

Tata Motors Limited  announced the closing of its Rs. 7,500 crore rights issue offer period on May 2, 2015. Tata Motors offered up to 15,06,44,759 Ordinary Shares of face value Rs. 2 for cash at a price of Rs.450 (including a premium of Rs. 448) each in the ratio of 6 Ordinary Shares for every 109 fully paid-up Ordinary Shares and up to 2,65,30,290 ‘A’ Ordinary Shares of face value Rs. 2 at a price of Rs. 271 (including a premium of Rs. 269) each in the ratio of 6 ‘A’ Ordinary Shares for every 109 fully paid-up ‘A’ Ordinary Shares, in each case on a rights basis to eligible shareholders in respect of shares held on the Book Closure Date of April 8, 2015. The Share Issue commenced on April 17, 2014 and closed on May 2, 2015. Tata Motors also facilitated participation in the Share Issue by eligible holders of its American Depositary Shares by offering up to 64,09,964 American Depositary Shares, each representing 5 Ordinary Shares (“ADSs”), at a price of US$39.42 per ADS at the rate of 0.055045 ADS rights for each ADS held as of the close of business on April 7, 2015 (New York City time).

 Expected movement for this Month:

TataMotors was last traded at Rs 529.65, up 3.15%.Tatamotors is the biggest and good stock for invest our money and we are expecting very good Q 4 result for this stock. We can buy this stock at current level. When Tatamotors equity Crosses 544.01 it strongly indicate upper trend. So buy this stock at that level. My first target for this month is 551.81. second target is 553.77. And my exit target for this moth will be 555.73

Tips to buy:

Lot size of Tatamotors is 500.

Buy 1 lot of future when equity crosses 544.01. Please wait till expiry Target for this month is 555.73.

Bank of Baroda (BoB) Quarter(Q4) Result Update:

 Bank of Baroda (BoB) unexpectedly reported that accumulation of bad loans in the fourth quarter fell to the lowest level in a year, sending the stock higher by 17%, even as profit declined 48% because the state-run lender set aside more money to cover bad loans.

Net profit fell to Rs.598.35 crore in the quarter ended 31 March from Rs.1,157.27 crore in the year-ago period. The Bank of Baroda stock rose to Rs.169.5 on BSE.

Fresh slippages, or good loans turned bad, in the fourth quarter was at Rs.1,359 crore, the lowest since the quarter ended March 2014. The lender reported Rs.3,042 crore in slippages in the preceding three months. The arrest in slippages also surprised the bank’s management.

Shares of Bank of Baroda has moved higher by 12% to Rs 163 on the NSE after the state-owned bank said that the bank's assets quality improved during the quarter ended March 2015 on a sequential basis.

The percentage of gross and net non-performing assets ratios stood at 3.72% and 1.89% during the March 2015 quarter from 3.85% and 2.11% respectively in the December 2014 quarter, Bank of Baroda said in a statement.

However, the bank’s gross non-performing asset (NPA) improved to 3.72 percent from 3.85 percent in the last quarter.  Its net NPA was at 1.89 percent compared to 2.11 percent (Q-o-Q).

The net profit during the quarter under review, however, declined sharply by 48% year on year at Rs 598 crore on account of higher provisioning for bad loans and flat net interest income. The bank had reported profit of Rs 1,157 crore in the year-ago quarter.

The bank’s net interest income (interest earned minus interest expended) grew 1.5% to Rs 3,172 crore from Rs 3,125 crore in the year-ago quarter. The provisions went up 58% to Rs 1,818 crore during the March quarter compared to Rs 1,153 crore a year ago.

On Friday, the stock hit a 52-week low of Rs 143 on the NSE ahead of Q4 results. A combined 1.61 million shares changed hands on the counter on the NSE and BSE. 

The board has recommended a dividend at Rs 3.20 per equity share of the face value of Rs 2 each fully paid-up for FY15.