gepl capital pvt ltd durable loans, digital lifestyle, personal loans, loans to salaried and gold...

Download GEPL Capital Pvt Ltd durable loans, digital lifestyle, personal loans, loans to salaried and gold loans

Post on 18-Jul-2020

3 views

Category:

Documents

0 download

Embed Size (px)

TRANSCRIPT

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019

    Sr No Name Sector Reco Price Target Price Upside % Time Frame

    1 Kotak Mahindra Bank Ltd. Bank 1588 1870 17.75% 1 Year

    2 Reliance Industries Ltd.  Oil & Gas  1353  1620  19.74%  1 Year 

    3 ICICI Lombard General Insurance Company Ltd. 

    General Insurance  1207  1425  18.06%  1 Year 

    4 Bajaj Finance Ltd.  Finance  3973  4720  18.80%  1 Year 

    5 Hindustan Unilever Ltd.  FMCG  2005  2400 19.70%  1 Year 

    Diwali Picks 2019  2 GEPL Capital Pvt Ltd  WWW.geplcapital.com

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  3 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Kotak Mahindra Bank (KMB)

    Kotak Mahindra Bank BUY CMP(₹):1588 Target (₹):1870 Upside: 17.75%

     The bank will continue to maintain its focus towards the retail segment and expand digital banking. This will help bank to keep their operating expenditure low and in turn reflect growth in margin.

     The loan book has witnessed strong growth despite of industry headwinds. Improved asset quality and solid performance by diversified subsidiaries can help the company in maintaining constant growth.

     KMB has a sound management which would help the company in delivering a strong performance in long-term.

     After taking the specified factors into consideration we continue to maintain our bullish stance in current year’s Diwali picks too.

    Reliance Industries Ltd

    Reliance Industries Ltd BUY CMP(₹):1353 Target (₹):1620 Upside: 19.73%

     Reliance Jio is well placed to earn a significant portion of the market share through its technologically driven platform.

     Jio First-Day-First-Show is to be launched at mid of FY2020, this will let the JioFibre customers to watch movies on same day as the release. This could give company a significant edge over its peers.

     The recent AGM emphasized the need of slashing debt and making RIL a zero debt company by FY2021 would eventually result in strong operating margin.

    ICICI Lombard General Insurance Company Ltd

    ICICI Lombard General Insurance Company Ltd. BUY CMP(₹):1207 Target (₹):1425

    Upside: 18.80%

     In general insurance segment the strength of the company lies in its diversified product mix of motor, health & personal accident, fire, marine and others.

     Indian non-life insurance market has wide scope of penetration as it is 4th largest market in Asia and 15th largest globally and the industry is also witnessing steady growth.

     The focus on increased penetration in tier 3 and 4 cities will help grow retail businesses such as SME & Agency channel and Health indemnity.

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  4 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Bajaj Finance Ltd (BAF)

    Bajaj Finance Ltd BUY CMP(₹): 3973 Target (₹): 4720 Upside: 18.80%

     BAF has unique and sustainable growth model with strong distribution, reach, partnerships and asset quality which helps in attaining higher profitability.

     BAF caters to the needs of rural consumer and MSME customers with diversified offerings across 10 rural products namely: durable loans, digital lifestyle, personal loans, loans to salaried and gold loans in consumer category, the rural MSME business offers unsecured and secured loans to self-employed clients in rural markets.

     The company focuses on cross selling more products to existing customers, this will help them to grow its profitability.

     Their penetration in the rural segment will help them to capture to rising demand in rural segment.

    Hindustan Unilever Ltd (HUL)

    Hindustan Unilever Ltd BUY CMP(₹):2005 Target (₹): 2400 Upside: 19.70%

     The company’s strategy is to strengthen the core segment through continuous innovation, act on the local trends and strengthen its outreach by increasing its market penetration.

     The expansion in natural brands is growing at twice of overall HUL’s average, brand extension and launch of specialist brands.

     The company has the best earnings growth visibility in the large-cap Indian consumer space, and also, the strong returns.

     It has strong brands, with market leadership in most of the categories it operates in.

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  5 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Technical Picks For Diwali 2019

    Sr No Name Reco Price Target Price Upside % Time Frame

    1 Voltas 679  840  24%  1 Year 

    2 Indraprastha gas  372  460  23%  1 Year 

    3 Infosys  815  930  14%  1 Year 

    4 Bata India  1709  2100  23%  1 Year 

    5 Asian Paints  1790  2200  23%  1 Year 

    ** CMP updated as on 12th October 2019

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  6 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Voltas – Weekly chart

    Voltas BUY CMP(₹):676 Target (₹):840 Upside: 24%

     The stock is near a multi month resistance level and is poised for a breakout.

     Volumes were seen near the 550 levels twice which says that the stock experienced some kind of buying interest at those levels.

     MACD continues to trend higher which says that there is good bullish momentum in the stock.

     We would recommend to go long on Voltas at CMP with a stop-loss of 560 (swing low) and a target of 800 - 840 (measured objective of the rounding bottom).

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  7 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Indraprastha gas (IGL) – Weekly chart

    Indraprastha Gas (IGL) BUY CMP(₹):373 Target (₹):460 Upside: 23%

     The stock has given a breakout from a multi month resistance level and continues to make higher highs and higher lows.

     Volumes remains subdued but occasional spikes are observed.

     MACD continues to trend higher after giving a bullish crossover which says that there is good bullish momentum in the stock.

     We would recommend to go long on IGL at CMP with a stop-loss of 290 (swing low) and a target of 450 – 460 (measured objective of the rounding bottom).

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  8 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Infosys Ltd – Daily chart

    Infosys Ltd BUY CMP(₹):815 Target (₹):930 Upside: 14%

     The stock has taken support multiple times on the rising trendline.

     It has also given a breakout from a multi-month consolidation range (Jan’19 - Jul’19) and has retraced back to those levels (near 770).

     Volumes have been above average along with occasional spikes.

     RSI made a new low for 2019 but recovered sharply after that.

     We would recommend to go long on INFY near 815 - 825 with a stoploss of 730 (gap support) and a target of 930.

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  9 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Bata India – Daily chart

    Bata India BUY CMP(₹):1709 Target (₹):2100 Upside: 23%

     The stock is making a series of higher highs and higher lows after giving a breakout during August’ 19.

     Currently it is trading within a flag and pole formation.

     Stochastic has given a bullish crossover.

     We would recommend to go long on Bata India (50% at CMP and 50% near 1500) with a stoploss of 1400 (swing low) and a target of 2000 - 2100

  • Equity | India  October 12th, 2019

    Diwali Picks 2019 

    Diwali Picks 2019  10 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Asian Paints – Daily chart

    Asian Paints BUY CMP(₹):1787 Target (₹):2200 Upside: 23%

     The stock is making a series of higher highs and higher lows after giving a breakout during August’ 19.

     Currently it is trading within a flag and pole formation.

     Stochastic has given a bullish crossover.

     Volume participation has been good near the lows i.e. Bottoms have been bought with high volume.

     We would recommend to go long on Asian Paints (50% at CMP and 50% near 1600) with a stoploss of 1450 and a target of 2100 – 2200.

  • Equity | India  October 12th, 2019

    Review of Diwali Picks 2018 

    Diwali Picks 2019  11 GEPL Capital Pvt Ltd  WWW.geplcapital.com

    Index Performance

    Index 30th October 2019 11th October 2019 % Change

    Nifty50 10,198 11,306 11%

    Nifty Mid Cap 16,866 15,567 (8%)

    Nifty Small Cap 5,977 5,401 (10%)

    Performance Highlight of Diwali Picks 2018

    Sr No Name Sector Reco Price

    Target Price CMP Return

    % Time Frame

    1 Housing Development Finance Corporation Ltd.

    Finance 1,694.40 2,063 21.70% 1 Year

    2 Kotak Mahindra Bank Ltd. Bank 1,185.80 1,420 19.70% 1 Year

    3 Exide Industries Ltd. Automobile & Ancillaries

    255.5 305 183 (27%)

Recommended

View more >