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Saral Gyan - 15% @ 90 Days - Nov 2015

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15% @ 90 Days - Nov 2015

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Saral Gyan - 15% @ 90 Days - Nov 2015

  1. 1. BUY TO SELL STOCKS FOR SHORT TERM GAINS 22nd NOVEMBER 2015 TATA ELXSI LTD BUY POTENTIAL UPSIDE: 16.3% CURRENT MARKET PRICE: 1762.05 TARGET PRICE: 2050.00 BSE Code 500408 Market Cap (Crores) 5487.02 NSE Code TATAELXSI P/E 41.49 Book Value 114.70 EPS 42.47 Face Value 10 Dividend Yield % 0.62 STOCK RECOMMENDATION
  2. 2. 15% @ 90 DAYS – NOVEMBER 2015 - 2 - SARAL GYAN CAPITAL SERVICES Comparative Chart (Last 1 Year) Returns: Tata Elxsi Ltd & Nifty: Nifty: -7.9% Tata Elxsi: 190.2% Stock Resistance and Support: 1st Resistance – 1880 1st Support – 1690 2nd Resistance – 2000 2nd Support – 1600
  3. 3. 15% @ 90 DAYS – NOVEMBER 2015 - 3 - SARAL GYAN CAPITAL SERVICES Financials at a Glance: Quarterly Results of Tata Elxsi Ltd (Rs. In Crores) Particulars Sep 2015 Jun 2015 Mar 2015 Dec 2014 Audited / UnAudited UnAudited UnAudited UnAudited UnAudited Net Sales / Income 263.66 243.52 231.28 221.49 Other Operating Income -- -- -- -- Total Income From Operations 263.66 243.52 231.28 221.49 Consumption of Raw Materials -- -- -- -- Purchase of Traded Goods 17.34 16.84 23.35 19.39 Increase/Decrease in Stocks 0 0.23 -0.11 -0.13 Employees Cost 143.57 129.15 123.07 117.53 Depreciation 5.68 9 1.41 7.28 Admin. And Selling Expenses -- -- -- -- R & D Expenses -- -- -- -- Provisions And Contingencies -- -- -- -- Exp. Capitalised -- -- -- -- Other Expenses 41.46 41.26 37.56 34.2 Other Income 2.71 7.57 -0.51 1.09 P/L Before Int., Excpt. Items & Tax 58.31 54.61 45.48 44.31 Interest -- 0.01 0 -- P/L Before Exceptional Items & Tax 58.31 54.6 45.48 44.31 Exceptional Items -- -- -- -- P/L Before Tax 58.31 54.6 45.48 44.31 Tax 20.21 18.88 15.64 15.71 Net Profit/Loss 38.1 35.72 29.84 28.6 Equity Share Capital 31.14 31.14 31.14 31.14 Reserves -- -- -- -- EPS 12.24 11.47 16.53 9.18 No Of Shares with Public (Crores) 1.71 1.71 1.71 1.71 Public Share Holding (%) 55 55 55 55
  4. 4. 15% @ 90 DAYS – NOVEMBER 2015 - 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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