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Saral Gyan - 15% @ 90 Days - Nov 2017

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15% @ 90 Days Stock - Nov 2017

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Saral Gyan - 15% @ 90 Days - Nov 2017

  1. 1. BUY TO SELL STOCKS FOR SHORT TERM GAINS 19TH NOVEMBER 2017 INDIA GLYCOLS LTD BUY POTENTIAL UPSIDE: 16.7% CURRENT MARKET PRICE: 394.05 TARGET PRICE: 460.00 BSE Code 500201 Market Cap (Crores) 1220 NSE Code INDIAGLYCO Dividend Yield 0.25 Book Value 280.74 P/E 25.57 Face Value 10 EPS 15.41 STOCK RECOMMENDATION
  2. 2. 15% @ 90 DAYS – NOVEMBER 2017 - 2 - SARAL GYAN CAPITAL SERVICES Comparative Chart (Last 1 Year) Returns: India Glycols & Nifty: Nifty: 29.7% India Glycols: 227.4% Stock Resistance and Support: 1st Resistance – 430 1st Support – 355 2nd Resistance – 450 2nd Support – 330
  3. 3. 15% @ 90 DAYS – NOVEMBER 2017 - 3 - SARAL GYAN CAPITAL SERVICES Financials at a Glance: Quarterly Results of India Glycols Ltd (Rs. In Crores) Particulars Sep 2017 Jun 2017 Mar 2017 Dec 2016 Audited / UnAudited UnAudited UnAudited UnAudited UnAudited Net Sales 888.3 688.6 610.9 529.7 Other Operating Income -- -- -- 6.58 Total Income From Operations 888.3 688.6 610.9 536.2 Consumption of Raw Materials 450.6 296.6 305.2 316 Purchase of Traded Goods 160.8 166.2 37.8 39.84 Increase/Decrease in Stocks 18.47 7.21 30.73 -34.38 Power & Fuel 83.89 70.74 81.11 68.37 Employees Cost 24.65 22.64 23.07 22.91 Depreciation 17.11 17.2 26.57 13.87 R & D Expenses -- -- -- -- Provisions And Contingencies -- -- -- -- Other Expenses 79.12 71.33 65.64 59.42 Other Income 0.42 6.62 3.19 1.22 P/L Before Int., Excpt. Items & Tax 54.08 43.22 43.94 51.48 Interest 31.86 30.69 28.67 29.41 P/L Before Excpt. Items & Tax 22.22 12.53 15.27 22.07 Exceptional Items -- -- -- -9.72 P/L Before Tax 22.22 12.53 15.27 12.35 Tax 7.53 4.27 -0.58 3.43 P/L After Tax 14.69 8.26 15.85 8.92 Prior Year Adjustments -- -- -- -- Net Profit/(Loss) 14.69 8.26 15.85 8.92 Equity Share Capital 30.96 30.96 30.96 30.96 EPS 4.74 2.67 5.12 2.88 No Of Shares with Public 1,20,54,675 1,20,54,675 1,20,54,675 1,20,54,675 Public Share Holding (%) 38.93 38.93 38.93 38.93
  4. 4. 15% @ 90 DAYS – NOVEMBER 2017 - 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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