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BUY TO SELL STOCKS FOR SHORT TERM GAINS
28TH MAY 2017
SPICEJET LTD BUY POTENTIAL UPSIDE: 17.4%
CURRENT MARKET PRICE: 102.25 TARGET PRICE: 120.00
BSE Code 500285 Market Cap (Crores) 6129.38
Book Value -13.72 P/E 13.26
Face Value 10 EPS 7.71
STOCK RECOMMENDATION
15% @ 90 DAYS – MAY 2017
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Returns: SpiceJet & Sensex:
Sensex: 16.4% SpiceJet: 49.8%
Stock Resistance and Support:
1st Resistance – 108 1st Support – 97
2nd Resistance – 115 2nd Support – 90
15% @ 90 DAYS – MAY 2017
- 3 - SARAL GYAN CAPITAL SERVICES
Financials at a Glance:
Quarterly Results of SpiceJet Ltd (Rs. In Crores)
Particulars Dec 2016 Sep 2016 Jun 2016 Mar 2016
Audited / UnAudited UnAudited UnAudited UnAudited UnAudited
Net Sales 1,602.66 1,378.47 1,506.36 1,448.67
Other Operating Income 39.75 21.93 15.17 26.32
Total Income From Operations 1,642.41 1,400.40 1,521.53 1,474.99
Consumption of Raw Materials -- -- -- --
Purchase of Traded Goods -- -- -- --
Increase/Decrease in Stocks -- -- -- --
Power & Fuel -- 429.96 399.68 328.66
Employees Cost 182.75 153.06 147.5 133.45
Depreciation 52.36 48.46 44.88 42.65
Admin. And Selling Expenses -- -- -- --
R & D Expenses -- -- -- --
Provisions And Contingencies -- -- -- --
Other Expenses 1,284.92 705.77 781.99 922.27
Other Income 28.01 15.44 22.43 42.56
P/L Before Int., Excpt. Items & Tax 150.4 78.58 169.91 90.53
Interest 7.81 19.67 20.88 46.34
P/L Before Excpt. Items & Tax 142.59 58.92 149.03 44.18
Exceptional Items 38.55 -- -- 63.69
P/L Before Tax 181.14 58.92 149.03 107.88
Tax -- -- -- --
Prior Year Adjustments -- -- -- --
Extra Ordinary Items -- -- -- --
Net Profit/(Loss) 181.14 58.92 149.03 107.88
Equity Share Capital 599.45 599.45 599.45 599.45
EPS 3.02 0.98 2.49 1.8
No Of Shares with Public 237839559 237889559 237889559 237889559
Public Share Holding (%) 39.68 39.68 39.68 39.68
15% @ 90 DAYS – MAY 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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Saral Gyan - 15% @ 90 Days - May 2017

  • 1. BUY TO SELL STOCKS FOR SHORT TERM GAINS 28TH MAY 2017 SPICEJET LTD BUY POTENTIAL UPSIDE: 17.4% CURRENT MARKET PRICE: 102.25 TARGET PRICE: 120.00 BSE Code 500285 Market Cap (Crores) 6129.38 Book Value -13.72 P/E 13.26 Face Value 10 EPS 7.71 STOCK RECOMMENDATION
  • 2. 15% @ 90 DAYS – MAY 2017 - 2 - SARAL GYAN CAPITAL SERVICES Comparative Chart (Last 1 Year) Returns: SpiceJet & Sensex: Sensex: 16.4% SpiceJet: 49.8% Stock Resistance and Support: 1st Resistance – 108 1st Support – 97 2nd Resistance – 115 2nd Support – 90
  • 3. 15% @ 90 DAYS – MAY 2017 - 3 - SARAL GYAN CAPITAL SERVICES Financials at a Glance: Quarterly Results of SpiceJet Ltd (Rs. In Crores) Particulars Dec 2016 Sep 2016 Jun 2016 Mar 2016 Audited / UnAudited UnAudited UnAudited UnAudited UnAudited Net Sales 1,602.66 1,378.47 1,506.36 1,448.67 Other Operating Income 39.75 21.93 15.17 26.32 Total Income From Operations 1,642.41 1,400.40 1,521.53 1,474.99 Consumption of Raw Materials -- -- -- -- Purchase of Traded Goods -- -- -- -- Increase/Decrease in Stocks -- -- -- -- Power & Fuel -- 429.96 399.68 328.66 Employees Cost 182.75 153.06 147.5 133.45 Depreciation 52.36 48.46 44.88 42.65 Admin. And Selling Expenses -- -- -- -- R & D Expenses -- -- -- -- Provisions And Contingencies -- -- -- -- Other Expenses 1,284.92 705.77 781.99 922.27 Other Income 28.01 15.44 22.43 42.56 P/L Before Int., Excpt. Items & Tax 150.4 78.58 169.91 90.53 Interest 7.81 19.67 20.88 46.34 P/L Before Excpt. Items & Tax 142.59 58.92 149.03 44.18 Exceptional Items 38.55 -- -- 63.69 P/L Before Tax 181.14 58.92 149.03 107.88 Tax -- -- -- -- Prior Year Adjustments -- -- -- -- Extra Ordinary Items -- -- -- -- Net Profit/(Loss) 181.14 58.92 149.03 107.88 Equity Share Capital 599.45 599.45 599.45 599.45 EPS 3.02 0.98 2.49 1.8 No Of Shares with Public 237839559 237889559 237889559 237889559 Public Share Holding (%) 39.68 39.68 39.68 39.68
  • 4. 15% @ 90 DAYS – MAY 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.