Monday, October 17, 2016

Nifty Falls 105 Points and Closes Below 8551

Nifty opened flat at 8608 this morning and continued to slip below the 8600 levels almost
immediately. The Index later traded in a narrow range before breaking its previous low of 8551
half way through the days trade. The benchmark Index slipped 105 points from its intraday
high of 8612 and made a low of 8507 before closing at 8530. The top losers of the day were
Zee, Idea, Bosch, and Ambuja Cement.

Top Nifty Gainers

Symbol

LTP

Traded

Value

Open

Change

Qty

(in Lakhs)

High

Low

Prev.
Close

ICICIBANK

259.15

7.2

6,27,96,745

1,60,797.35

246

259.9

245.55

241.75

NTPC

147.55

1.76

78,74,632

11,574.92

147

148.6

146.1

145

848.8

0.78

11,34,884

9,589.43

844

851

839

842.25

279

0.7

49,54,333

13,779.49

277.05

280

275.55

277.05

2,374.95

0.37

13,63,140

32,191.91

2,368.90

2,375.80

2,344.40

2,366.20

253

0.36

1,68,61,481

42,836.59

253.75

256.45

252

252.1

240.55

0.27

61,42,497

14,747.52

239.9

241.75

238.5

239.9

HINDUNILVR
ONGC
TCS
SBIN
ITC

Top Nifty Losers

Symbol

LTP

Traded

Traded

Change

Qty

Value

Open

High

Low

Prev.
Close

(in Lakhs)
ZEEL

498.25

-5.72

61,98,889

31,764.35

531

531

497.25

528.5

IDEA

72.25

-3.28

74,54,056

5,442.21

75

75.35

72.05

74.7

22,100.00

-3.09

12,642

2,828.12

22,879.95

22,879.95

22,060.00

22,803.85

245.25

-3.04

10,89,629

2,705.11

253.2

253.75

245.1

252.95

1,316.00

-3.03

9,32,423

12,367.01

1,359.70

1,360.40

1,308.05

1,357.10

24,645.00

-2.97

45,458

11,282.14

25,430.10

25,578.20

24,564.90

25,400.15

TECHM

407.2

-2.84

32,44,640

13,306.92

421

421

405.5

419.1

GRASIM

969.6

-2.57

4,53,421

4,443.75

997

999.7

967.15

995.15

BOSCHLTD
AMBUJACEM
M&M
EICHERMOT

ACC

1,602.50

-2.3

3,26,350

5,274.89

1,641.00

1,644.90

1,598.20

1,640.25

HEROMOTOCO

3,402.10

-2.28

4,38,141

15,007.56

3,482.00

3,490.05

3,390.30

3,481.60

Out of the 51 Nifty stocks, only 7 stocks closed in the positive zone, rest all 44
company closed in the negative zone.

Dynamic Sector Performance

We saw some positive movement from sectors such as Fertilisers, Realty- Household,
Paper, Auto-Auto Ancl and Components etc. Auto- Tyres and Tubes was down by
almost 4 per cent.

DYNAMIC SECTOR PERFORMANCE

SECTOR
FERTILISERS
REALTY- HOUSEHOLD
PAPER
AUTO-AUTO ANCL AND COMPONENTS
MEDIA- ENTERTAINMENT
TEXTILES AND APPAREL
FMCG- FOOD
AIRLINES
METALS AND MINING
ENERGY-OIL & GAS
FINANCIAL SERVICES
BANKS-PRIVATE
REALTY
FMCG
CEMENT
DIVERSIFIED
PHARMA
FMCG- PACKAGING
ENTERTAINMENT-HOTELS AND LEISURE
IT
INFRA- POWER
CHEMICALS
FMCG- SUGAR
TRANSPORTATION LOGISTICS
INFRA- MACHINERY EQUIPMENT
FINANCIAL SERVICES- NBFC
INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS
INFRA- TELECOM
BANKS-PSU
FMCG- BREVERAGES
FOOTWEAR
DEFENCE
AUTO- AUTOMOBILES AND AUTO PARTS
MEDIA
JEWELLERY
AUTO- TYRES AND TUBES

% CHANGE TODAY
1.43%
1.07%
0.64%
0.37%
0.36%
0.35%
0.32%
0.23%
0.17%
0.11%
0.04%
-0.01%
-0.05%
-0.14%
-0.30%
-0.32%
-0.32%
-0.52%
-0.59%
-0.61%
-0.62%
-0.64%
-0.69%
-0.79%
-0.92%
-0.92%
-0.99%
-1.00%
-1.05%
-1.10%
-1.25%
-1.38%
-1.39%
-1.55%
-1.90%
-3.95%

NSE Stock Performer List

TOP GAINER
SYMBOL

LTP

%CHANGE

TOP LOSER

SECTOR

SYMBOL

LTP

%CHANGE

SECTOR

TIMETECHNO

92.15

-4.06

FMCG- PACKAGING

TVSSRICHAK

3725.1

-3.90

AUTO- TYRES AND TUBES

VISAKAIND

216.5

12.29

MUNJALSHOW

234.5

9.32

CEMENT
AUTO-AUTO ANCL AND
COMPONENTS

GNFC

210.6

8.81

FERTILISERS

J&KBANK

65.75

-2.95

BANKS-PRIVATE

305

8.69

REALTY- HOUSEHOLD

RICOAUTO

64.9

-2.84

AUTO- AUTOMOBILES AND AUTO PARTS

103.9

6.89

METALS AND MINING

MINDAIND

335.9

-2.79

AUTO- AUTOMOBILES AND AUTO PARTS

303.05

5.24

CHEMICALS

VIPIND

138.8

-2.70

REALTY- HOUSEHOLD

262

4.22

ENERGY-OIL & GAS

CENTENKA

289.95

-2.65

TEXTILES AND APPAREL

OBEROIRLTY

338.4

3.79

SREINFRA

71.05

-2.54

FINANCIAL SERVICES- NBFC

PRICOL

122.6

3.46

REALTY
AUTO-AUTO ANCL AND
COMPONENTS

ALPHAGEO

1064.1

-2.51

ENERGY-OIL & GAS

TATASPONGE

625.5

3.22

METALS AND MINING

AARTIIND

706.95

-2.46

CHEMICALS

TATACOFFEE

141.75

3.17

FMCG- BREVERAGES

MTEDUCARE

131.15

-2.45

IT

WSTCSTPAPR

129.45

3.14

PAPER

BAJAJELEC

257.4

-2.29

REALTY- HOUSEHOLD

97.35

3.07

FINANCIAL SERVICES- NBFC

LINCOLN

226.2

-2.23

PHARMA

125.75

2.99

BANKS-PRIVATE

JKTYRE

151.3

-2.20

AUTO- TYRES AND TUBES

59.1

2.96

TEXTILES AND APPAREL

NEULANDLAB

976.95

-2.18

PHARMA

KARURVYSYA

478.8

2.88

BANKS-PRIVATE

BINANIIND

103.7

-2.17

CEMENT

PRAKASH

61.75

2.75

METALS AND MINING

UCALFUEL

185.8

-2.13

AUTO-AUTO ANCL AND COMPONENTS

MARKSANS

53.4

2.69

PHARMA

JKCEMENT

946.5

-2.11

CEMENT

TIRUMALCHM

615

2.56

CHEMICALS

JBCHEPHARM

382.15

-2.11

PHARMA

BPL

90.8

2.54

REALTY- HOUSEHOLD

GICHSGFIN

330.4

-2.10

FINANCIAL SERVICES- NBFC

MOTILALOFS

540.2

2.53

FINANCIAL SERVICES

DEEPAKFERT

202.9

-2.07

FERTILISERS

KWALITY

150.5

2.49

FMCG- FOOD

GUJALKALI

307.35

-2.04

CHEMICALS

1016.05

2.42

IT

PIIND

793.05

-2.03

CHEMICALS

291.65

2.35

CHEMICALS

ANANTRAJ

53.6

-1.92

REALTY

ALKEM

1736

2.32

JMFINANCIL

70.25

-1.88

FINANCIAL SERVICES

RBL

1260

2.26

249.75

-1.83

REALTY- HOUSEHOLD

JBMA

249.5

2.25

PHARMA
AUTO- AUTOMOBILES AND AUTO
PARTS
AUTO-AUTO ANCL AND
COMPONENTS

878

-1.80

FMCG- FOOD

ADANITRANS

43.85

2.21

INFRA- POWER

TVTODAY

322.2

-1.80

185

2.15

REALTY- HOUSEHOLD

INDIANHUME

667.5

-1.79

MEDIA
INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS

LLOYDELENG
GMDCLTD
CHEMFALKAL
DEEPIND

MANAPPURAM
DCBBANK
TRIDENT

ZENSARTECH
GHCL

VGUARD

EVEREADY
HERITGFOOD

Hot Picks of the Day

Coal Import Slips 6 % in Sep
As per reports, coal imports dipped 6 per cent to 16.1 million tonnes in September
over the corresponding month last year because of higher prices of the fossil fuel in
the international market.

The high rising Nifty Metal Index

In the year to date so far Nifty Metal index has outperformed all other sectors. The
sector surged over 40 per cent while Nifty 50 gained only 9 per cent in the same
period. Within the sector the top five stocks have gained between 63 per cent and 119
per cent. Vedanta tops the list with an up move of 140 per cent. Meanwhile, MCX
Metal Index gained 17 per cent in the same period.

Ultratech Cement: 25% Jump In Consolidated Q2 Net Profit

UltraTech Cement on Monday posted a 25.05 per cent year-on-year (YoY) soar in consolidated net profit to Rs
614 cr for the quarter ended September 30, 2016. The cement maker had posted a net profit of Rs 491 cr for the
same quarter last year.
The company said that consolidated net sales for the quarter degrew 2.53 per cent (YoY) to Rs 5,709 cr, as
compared to Rs 5,857 cr in the year-ago quarter. PBIDT - Profit before interest, tax and depreciation surged 16
per cent (YoY) to Rs 1,378 cr as compared to Rs 1186 cr in the corresponding quarter last year.
The company said that the government's thrust on developing infrastructure spending, development of smart cities
and good monsoon may lead to growth in housing demand in both tier I and tier II cities. The cement maker said
that slower pace of novel capacity addition augurs well for the industry and the company was well-positioned to
meet the estimated demand.
Meanwhile, UltraTech Cement share price was trading at Rs.3998.40, down 0.94 per cent on the National Stock
Exchange (NSE) today. The stock opened at Rs. 4,045.00 from a previous closing of Rs. 4,036.50.

Gujarat Pipavav Port Q2 PAT seen up 6% to Rs 63.3 cr

Market analysts expect Gujarat Pipavav Port to report net profit at Rs 63.3 cr, up 5.9 per cent quarter-on-quarter
(QoQ). Net Sales are expected to increase by 7.1 per cent Q-o-Q (up 20.1 per cent Y-o-Y) to Rs 179 cr, according
to market analysts. EBITDA - earnings before interest, tax, depreciation and amortisation are likely to rise by 7.2
per cent Q-o-Q (up 40.5 per cent Y-o-Y) to Rs 107.4 cr.
Market analysts expect recent additions of shipping services and uptick in fertilizer imports to support 7 per cent
sequential increase in revenues, year-on-year (yoy) numbers non-comparable because of low base. We estimate
EBITDA margin at the lower end of the 60-65 per cent band shared by the management, below the 62 per cent
average of the past 2 quarters.
Meanwhile, Gujarat Pipavav share price was trading at Rs.177.10, up 1 per cent on the National Stock Exchange
(NSE) today. The stock opened at Rs.175 from a previous closing of Rs.175.35. The lower price band of the
share is Rs.140.30 on the other hand the upper price stands at Rs.210.40. So far, 8,37,475 shares have been traded
on the National Stock Exchange (NSE) counter having a traded value of Rs. 1,476.97 lacs. Currently, the days
high stands Rs.179.20 while the days low reads at Rs.174.10.
Gujarat Pipavav Port is stock analyzed by the Dynamic Levels Researchers as the top 500 performing stocks for
the September quarter among the 1700 stocks which are listed on the NSE. Gujarat Pipavav Port is
fundamentally strong and is safe for investment, as per Dynamic analysts and market experts. The stock also has
impressive financials.
In order to seek information about the support and resistance levels of the share and also its financials and
fundamentals, please a pay a quick visit to Gujarat Pipavav share price history.

DCM Trades On New High over Approval of Restructuring

The board of DCM approved the restructuring of its business including demerger of real estate business. DCM
share price was locked in 20% upper circuit at Rs 117 on the BSE and also traded on its new 52 weeks high on the
NSE and BSE both. The trading volumes on the counter surged five-fold with a combined 915,215 shares changed
hands. There were awaiting buy orders for 175,197 shares on the BSE and NSE at 11:21 am.
The board at its meeting held on October 15, 2016, permitted the de-merger of real estate undertaking of DCM and
amalgamating it into DCM Realty and Infrastructure. The board also nodded to the merger of TIARA Investment
Holdings into Purearth Infrastructure. The merger of Purearth Infrastructure into DCM Realty and Infrastructure
will be done after the above-mentioned moves are carried out.
The board also agreed to the demerger of cotton textiles business of DCM to DCM Nouvelle, such that after the
demerger shares of DCM Nouvelle will be held by shareholders of DCM in the same proportion as their
shareholding in DCM.
At 1:00 PM. DCM share price was trading at 117.50, on its new 52 weeks high, up by 20%.

Prozone Zooms 20% after Radhakishan Damani takes Stake

Prozone share price were locked at 20 per cent upper circuit on Monday, 17 th October 2016, after ace investor
Radhakishan Damani picked up over a per cent stake in the company. Rakesh Jhunjhunwala's guru Radhakishan S
Damani has bought around 19.7 lacs equity shares (representing a total of 1.29 per cent stake) of the company
during July-September quarter. Rakesh Jhunjhunwala also held 2.06 per cent stake in the Mumbai-based real estate
development and leasing company, according to the latest shareholding pattern available on both the exchanges.
Big institutions like Acacia Partners, Cavendish Asset Management, Nailsfield etc have 8.37 per cent shareholding
in the company that currently has zero debt and cash of Rs 50-60 crores on its books. Promoters and UK-based Intu
Properties Plc held 33.46 per cent and 32.38 per cent stake in the company. Prozone Intu Properties, formerly
known as Prozone Capital Shopping Center, has strategic partnership with Intu Properties UK Plc, the largest retail
real estate developer in the United Kingdom.
The company owns land banks totaling to 169 acres spread across 6 cities in India. Accordingly, it has 6 special
purpose vehicles. It also owns two shopping malls at Coimbatore and Aurangabad and is planning to have another
mall in Nagpur that will be completed in next two years.Its SPV in Coimbatore has Rs 180 crores debts and
Aurangabad Rs 42 crores. Its business strategy is to acquire and develop large land parcels, with a focus on mixeduse development. It utilizes one-third of the land parcel to build retail centre, which is primarily a 'build and long
term lease asset' and the rest two-third to develop mixed use developments such as residential townships or
commercial office blocks. The company registered a 48 per cent revenue growth and 48 per cent EBITDA growth
in FY16 compared with FY16. It recorded profit of Rs 7.4 crores during the year ended 2015-16 against a loss of
Rs 6.5 crores in the previous financial year.
Prozone share price opened at Rs 28.10 this morning from a previous closing of Rs 27.50.

Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal
views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment
while making investment decision.

Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment
Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX &
NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with
whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their
observations have issued advise letters or levied minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject company.
Do not have any other material conflict of interest at the time of publication of the research report
Have not received any compensation from the subject company in the past twelve months
Have not managed or co-managed public offering of securities for the subject company.
Have not received any compensation for brokerage services or any products / services or any compensation or other
benefits from the subject company, nor engaged in market making activity for the subject company
Have not served as an officer, director or employee of the subject company

Report Prepared By:

Mayank Jain - NISM-201500086427
Vikash Kandoi - NISM-201500086430