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Saral Gyan - 15% @ 90 Days - April 2014
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Saral Gyan - 15% @ 90 Days - April 2014

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  • 1. BUY TO SELL STOCKS FOR SHORT TERM GAINS 19th April 2014 PRAJ INDUSTRIES BUY POTENTIAL UPSIDE: 16.5% CURRENT MARKET PRICE: 56.65 TARGET PRICE: 66.00 BSE Code 522205 Market Cap (Crores) 1008.00 NSE Code PRAJIND P/E 17.75 Book Value 34.37 EPS 3.20 Face Value 2 Dividend Yield % 2.85 STOCK RECOMMENDATION
  • 2. 15% @ 90 DAYS – APR 2014 - 2 - SARAL GYAN CAPITAL SERVICES Comparative Chart (Last 1 Year) Praj Industries & Nifty: Nifty: 16.2% Praj Industries: 55.2% Stock Resistance and Support: 1st Resistance – 61 1st Support – 53 2nd Resistance – 65 2nd Support – 48
  • 3. 15% @ 90 DAYS – APR 2014 - 3 - SARAL GYAN CAPITAL SERVICES Financials at a Glance: Quarterly Results of Praj Industries (Rs. In Millions) Particulars Dec 2013 Sep 2013 Jun 2013 Mar 2013 Audited / UnAudited UA UA UA UA Net Sales 2157.70 1480.10 1237.00 1877.70 Total Expenditure 1824.30 1383.00 1266.20 1691.80 PBIDT (Excl OI) 333.40 97.10 -29.20 185.90 Other Income 73.20 51.30 99.10 37.70 Operating Profit 406.60 148.40 69.90 223.60 Interest 1.30 0 0 0 Exceptional Items 0 0 0 0 PBDT 405.30 148.40 69.90 223.60 Depreciation 38.60 34.20 32.60 30.10 Profit Before Tax 366.70 114.20 37.30 193.50 Tax 68.20 23.20 7.40 45.00 Provisions and contingencies 0 0 0 0 Profit After Tax 298.50 91.00 29.90 148.50 Extraordinary Items 0 0 0 0 Prior Period Expenses 0 0 0 0 Other Adjustments 0 0 0 0 Net Profit 298.50 91.00 29.90 148.50 Equity Capital 354.90 354.90 354.90 354.90 Face Value (IN RS) 2 2 2 2 Reserves Calculated EPS 1.68 0.51 0.17 0.84 Calculated EPS (Annualised) 6.73 2.05 0.67 3.35 No of Public Share Holdings 119523079.00 119644579.00 119865079.00 122115079.00 % of Public Share Holdings 67.35 67.42 67.54 68.81
  • 4. 15% @ 90 DAYS – APR 2014 - 4 - SARAL GYAN CAPITAL SERVICES Basis of Recommendation: i) Technical Analysis Disclaimer: Important Notice: Saral Gyan Capital Services is an Independent Equity Research Company. © SARAL GYAN CAPITAL SERVICES This Service is provided on an "As Is" basis by saral gyan capital services. Saral gyan capital services and its affiliates disclaim any warranty of any kind, imputed by the laws of any jurisdiction, whether express or implied, as to any matter whatsoever relating to the Service, including without limitation the implied warranties of merchantability, fitness for a particular purpose. Neither saral gyan capital services nor its affiliates will be responsible for any loss or liability incurred to the user as a consequence of his or any other person on his behalf taking any investment decisions based on the above recommendation. Use of the Service is at any persons, including a Customer's, own risk. The investments discussed or recommended through this service may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advisors as they believe necessary. Information herein is believed to be reliable but saral gyan capital services and its affiliates do not warrant its completeness or accuracy. The service should not be construed to be an advertisement for solicitation for buying or selling of any securities.

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