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Saral Gyan - 15% @ 90 Days - Jan 2019

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15% @ 90 Days - Jan 2019 - Praj Industries

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Saral Gyan - 15% @ 90 Days - Jan 2019

  1. 1. BUY TO SELL STOCKS FOR SHORT TERM GAINS 27TH JANUARY 2019 PRAJ INDUSTRIES LTD BUY POTENTIAL UPSIDE: 18.7% CURRENT MARKET PRICE: 121.30 TARGET PRICE: 144.00 BSE Code 522205 Market Cap (Crores) 2219 NSE Code PRAJIND Dividend Yield 1.32 Book Value 38.45 P/E 47.45 Face Value 2 EPS 2.56 STOCK RECOMMENDATION
  2. 2. 15% @ 90 DAYS – JANUARY 2019 - 2 - SARAL GYAN CAPITAL SERVICES Comparative Chart (Last 1 Year) Returns: Praj Industries & Nifty: Nifty: -3.1% Praj Industries: 9.6% Stock Resistance and Support: 1st Resistance – 131 1st Support – 115 2nd Resistance – 140 2nd Support – 104
  3. 3. 15% @ 90 DAYS – JANUARY 2019 - 3 - SARAL GYAN CAPITAL SERVICES Financials at a Glance: Quarterly Results of Praj Industries Ltd (Rs. In Crores) Particulars Sep 2018 Jun 2018 Mar 2018 Dec 2017 Audited / UnAudited UnAudited UnAudited UnAudited UnAudited Net Sales 192.48 144.31 217.08 191.16 Other Operating Income -- -- -- -- Total Income From Operations 192.48 144.31 217.08 191.16 Consumption of Raw Materials 106.44 66.5 110.72 112.65 Purchase of Traded Goods -- -- -- -- Increase/Decrease in Stocks -5.9 0.59 1.26 -2.31 Power & Fuel -- -- -- -- Employees Cost 34.4 33.19 31.33 28.83 Depreciation 5.19 5.32 5.32 5.42 Admin & Selling Expenses -- -- -- -- Provisions And Contingencies -- -- -- -- Other Expenses 49.22 37.62 48.05 39.43 Other Income 5.03 3.03 9.64 1.37 P/L Before Int., Excpt. Items & Tax 8.16 4.12 30.04 8.51 Interest 0.16 0.18 0.21 0.25 P/L Before Excpt. Items & Tax 8 3.94 29.83 8.26 Exceptional Items -- -- -- -- P/L Before Tax 8 3.94 29.83 8.26 Tax 2.55 0.78 6.88 1.52 P/L After Tax 5.45 3.16 22.95 6.74 Prior Year Adjustments -- -- -- -- Net Profit/(Loss) 5.45 3.16 22.95 6.74 Equity Share Capital 36.3 36.3 36.19 35.97 EPS 0.3 0.17 1.28 0.38 No. of Shares with Public 12,11,77,248 12,11,77,248 12,06,32,415 12,00,85,315 Public Share Holding (%) 66.77 66.77 66.67 66.57
  4. 4. 15% @ 90 DAYS – JANUARY 2019 - 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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