Tuesday, 24 January 2017
Wednesday, 11 January 2017
IL&FS Investment Managers Limited (IVC), a subsidiary of Infrastructure Leasing & Financial Services Limited (IL&FS), is one of the oldest and largest private equity fund managers in India, with over $ 3.2 bn under management.
Established in 1989, IVC has been an early and in many instances, the first investor across various sectors such as Telecom, City Gas Distribution, Shipyards, Retail, and Media. Funds managed by IVC now span General Purpose Private Equity, Real Estate and Infrastructure.
Investors to IVC managed Funds include most of the major Indian Banks & Institutions, and marquee Global Institutional Investors including major U.S. Pension Funds, Endowments and Foundations.
IVC is listed on the National Stock Exchange and The Bombay Stock Exchange.
MARKET CAP (RS CR)
BOOK VALUE (RS)
When you look at the yield curve for the entire scenario, it is now getting smoothened. That means, our experience shows that the high dividend yield stocks get re-rated very fast when there is a likely possibility of aggressive rate cuts. With the smoothening of curve, it is confirmed. With this particular strategy, we are focusing on high dividend yield stocks and IVC fits this particular bill. The current dividend yield roughly works out to be 8 percent, which is very attractive giving post tax return of 8 percent and we are working with a target of Rs 25-30. There are a lot of fundamentals that are attached to the company apart from the dividend yield attractive preposition. First of all, this is a very strong management and the company has been doing well even during tough times. They have been able to consistently give you dividend of Rs 1.5 for last three-four years. If you see the history of this particular company it has rewarded its shareholders very handsomely. From a fundamental aspect, the quality and the fortune of this company is directly correlated with the growth of the economy. The investments they have done into the logistic sector or construction sector or Special Economic Zones (SEZs) warehousing will do well once the economy revives. We are forecasting a better economy for next year. We feel this is one stock, which fits the bill from this angle too. Another important thing is the investments they have been able to exit. They are the private equity investors and they are also managing USD 3.2 billion of funds so they are getting a streamline of cash flows, which is consistent and will end up with the same earning per share (EPS) even for next year even if a topsy-turvy situation arise for the economy. With a strong parentage, we feel the stock could easily be re-rated by 40-50 percent from next six-twelve months perspective because of the dividend yield, yield curve smoothening and the fundamentals attached with the economy. We feel by Budget, there will be a lot of investments or expectations built-up into sectors like power, infrastructure and this are a close proxy of investment with a very good management.
Monday, 2 January 2017
As PER My ASTRO GURU 2017 will be Year For TEXTILE Stocks..... We Identified ONE stock "MORARJEE TEXTILES"
💢MORARJEE TEXTILE:-STRONG BUY TARGET Rs 85/120
Scrip scan: Morarjee Textiles Ltd
Eps Rs. 5
Industry P/E 22
💢HIDDEN GEM QUALITY STOCK ******👉🏻 Morarjee Textile belongs to Ashok Piramal Group . Morarjee is a leading player in premium cotton shirting fabric and high fashion printed fabric globally.
👉🏻Morarjee's subsidiary company, Integra Apparelts and Textiles Ltd specialises in woven tops, casual shirts and garments for women.
👉🏻Morarjee has a 49% stake in Just Textiles Ltd. which is currently engaged in processing various fabrics installed at its factory in Ambernath, Mumbai.
👉🏻Morarjee counts most of the popular international and domestic brands as it clients, across 20 coutries. Dunhill, Zara, Esprit, Hugo Boss, Next, Paul Smith and Zodiac are some of its customers. In the domestic market, Morarjee caters to popular brands like Louis Philippe, Van Huesen and Zodiac.
💢 *One BIG INVESTOR took decent stake in MORARJEE TEXTILES*...... *BHARAT JAYANTILAL PATEL is famous ACE INVESTOR*
💢WE RECOMMEND THIS STOCK BIGGEST BENIFICARY OF E-COMMERCE BOOM AND BIG SOPS FOR TEXTILE SECTOR IN BUDGET ON CARDS. WE RECOMMEND THIS STOCK TO BE KEPT IN PORTFOLIO. COMPANY WORKS FOR WORLD LEADER BRANDS.
WE RECOMMEND BUY MORARJEE TEXTILE TGT 85/120