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D E M O C R A T I Z I N G W E A L T H C R E A T I O N
Sept 30 - OCT 13, 2019 n Pages 84 n www.DSIJ.in 120

Analysis
HDFC AMC

Cover Story

Momentum
Stocks To Boost
Portfolio Returns
ISSN 0971-7579
ISSN 0971-7579
US $ 10.15 UK £ 5.05 Sing $ 10.60 Euro € 6.13

9 770971 757005

Vol. 34 No. 22

Special Report Special Report

Incredible India’s Tourism Sector Avoid Stocks Hit With
Promises A Scenic Turnaround Corporate Governance Issues
DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 1
2 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in
 Vol. 34. No. 22 • SEPT 30 - OCT 13, 2019

54 Cover Story

Recommendations

10 Choice Scrip

12 Low Priced Scrip

To Boost Portfolio Returns
14 Hot Chips

20 Analysis
Regulars
06 Editor’s Keyboard
HDFC AMC
07 Company Index
Playing A Stellar Role
08 Market View
16 Technicals

24 Special Report
32 Trackpad
61 Query Board
64 Reviews
Incredible India’s Tourism
65 Kerbside
Sector Promises A Scenic
Turnaround Subscribers can access
the complete databank

28
consisting of more than
3500 companies on our
Special Report website www.DSIJ.in

Avoid Stocks Hit With Communication Feature sections

are advertorials provided by the
Corporate Governance Issues company & carried on “as is” basis.

4 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 5
 All Guns Blazing,
FM Walks The Talk!
S
eptember 20, 2019 turned out to be an epic day for the investor community. It was a
day that provided much-needed relief and direction which had been getting elusive
day-by-day. A sheer 8.5% increase in the Sensex over two days rebuilt the confidence
in investors’ minds on the potential of the equity market. We sincerely hope that you,
our readers, were a strong beneficiary of this as we as a research house have been all
along advocating the growth potential and opportunity lurking ahead. For example, our issue
dated August 5 clearly carried on the cover ‘Keep the Faith, Patience to Bear Fruits Soon’ and
the editorial in issue dated July 21 stated ‘Stay Long as the Bull market is Intact’.

Finance Minister Nirmala Sitharaman proved this with her ground-breaking announcements.
Rather than bringing about reforms in a piecemeal fashion, the strategy to roll out a slew of
measures in a single instance has been a master stroke. The measure of the benefits rolled out
has put the markets back into an overdrive mode with the Sensex crossing the 39,000 mark
again. While all broking houses have demonstrated their short-sightedness by revising their
index targets downwards till recently, they have now quickly realised their folly and have again
started revising it upwards. At DSIJ, we stood our ground and in fact reaffirm our research
calculation that the Sensex will touch 41,500 by March 2020, as stated in our editorial of issue
dated September 2.

A strong factor that is building behind the scenes is the wonderful friendship chemistry that
our beloved Prime Minister Narendra Modi is forging with the most powerful person in the
world, US President Donald Trump. This could be clearly observed in the body language of the
two great leaders when they met at the summit in Houston on September 22. This equation is
going to go a long way in building a stronger India. Meanwhile, now, as the festive season is
getting underway and the reforms are beginning to rev up the economy, we have chosen an apt
cover story on the subject of ‘momentum stocks’. With the stocks beginning to move higher
over their recent low levels we see an opportunity to buy them now and sell them still higher.

Also, the government’s focus on infrastructure development, opening of Kashmir, requests by

our PM to each NRI to send at least 5 families to India is going to be a boon for the tourism
industry. Our special report on this subject will provide you with the much-needed insight.
Another sensitive subject is that of corporate governance, which has become a dreaded word.
No sooner a stock is reported to have a corporate governess issue identified or lurking around,
the stock seems to sharply spiral downwards. We have chosen to put light on this topic in
another report in this issue.

All in all, the government has reinforced our belief that the country’s economy is in good
hands. Our advice is to up your belief in the equity asset class and stay invested.

RAJESH V PADODE
Managing Director & Editor

6 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 facebook.com/DSIJin twitter.com/DSIJ

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Vol. 34. No. 22 • SEPT 30 - OCT 13, 2019 enquiry@dsij.in linkedin.com/in/DalalStreetInvestmentJournal

Founder
Late V B Padode
Graphics
Vipin Bendale
Will the Positivity Last Long?
Managing Director & Editor Subscription & Customer Service As an investor, I am very happy with the bulls taking charge of the
Rajesh V Padode Utkarsh Sawale
markets and many stocks showing recovery in share prices. I just wanted
Deputy Editors Compliances and Internal Audit to ask if you think that the recently announced corporate tax cut will have
Yogesh Supekar Arvind Manor a prolonged effect or is it a short-term celebration?
Shashikant Singh Marketing & Sales  - Partho Banerjee
Copy Editors Farid Khan - AVP
Huned Contractor Mayank Dubey - AVP Digital
Editor Responds: Dear Sir, we thank you for writing to us. We believe that
Anupama Pattanaik Mumbai: the corporate tax cut will have a positive impact in the long run as it will
Research Anand Chinchole - Sr. Manager
result in higher profits for the company which they can reinvest for further
Karan Bhojwani Delhi:
Apurva Joshi
expansion. Also, with a lower tax rate in manufacturing, India can lure
Lokesh Sharma - Sr. Manager
Amir Shaikh global investors to invest in India and set up manufacturing facilities in the
Nidhi Jani Domain Experts country. The investment would also result in higher employment rate;
Henil Shah
Hemant Rustagi consequently, higher disposable income and higher spending which would
Pratik Shastri ultimately benefit in the revival of the economy. This will ensure that the
Vinayak Gangule Jayesh Dadia
stocks will be in demand going forward.

Keep writing to us and thank you once again.

DSIJ Private Limited

For Customer Service

020-49072626 OR  service@DSIJ.in
Recommendations
Company/Scheme Reco. Price (`) Column Page No
Balrampur Chinni l Buy 171.60 Kerbside 66
Mumbai Office
419-A, 4th Floor, Arun Chambers, Tardeo, Next to AC Market Britannia Industries l Buy 3036.10 Kerbside 66
Mumbai - 400034 022-43476012/16/17 Dalmia Bharat Sugar & Ind. l Buy 90.65 Low Priced Scrip 12
HDFC AMC l Buy 2795.55 Analysis 20
Pune Office
C-105, 1st Floor, Trade Center, North Main Road, Near Axis Bank, Hester Biosciences l Buy 1885.85 Hot Chips 14
Opposite Lane no. 6, Koregaon Park, Pune - 411001 ICICI Bank l Buy 434.45 Technicals 18
020-49072600
KEI Industries l Buy 516.30 Technicals 18
Delhi 8076878278 Kotak Mahindra Bank l Buy 1601.25 Kerbside 66
LT Foods l BP 26.80 Reviews 65
Oricon Enterprises l Hold 22.10 Reviews 65
To advertise, mail us on ads@dsij.in PI INDUSTRIES LTD. l Buy 1304.80 Choice Scrip 10
Polycab India Ltd. l Buy 685.05 Cover Story 59
Printer and Publisher: Nitin Sawant, Editor: V B Padode for DSIJ Pvt Ltd.
on behalf of Achievements Merchandise Pvt Ltd. Printed at RMOSS Prints Polyplex Corporation l Buy 442.45 QueryBoard 62
Pvt. Ltd., C/449, MIDC Pawane, TTC Area, Near Mayur Cold Storage,
Turbhe, Navi Mumbai -400708 and published from 419-A, 4th Floor, Procter & Gamble Hygiene l Buy 11780.90 Cover Story 59
Arun Chambers, Tardeo, Next to AC Market, Mumbai - 400034
 All rights reserved.  While all efforts are made to ensure that the
RITES l Buy 265.85 Hot Chips 14
information published is correct and up-to-date, Dalal Street Investment Sintex Industries l Sell 2.03 QueryBoard 61
Journal holds no responsibility for any errors that might occur. All
material contained herein is based on fundamental and technical analysis Sintex Plastics Technology l Sell 4.15 QueryBoard 61
and other in-house methods, which though reliable, are not infallible. The
information given in the magazine is of an advisory nature. Readers are
Tinplate Company of India l Hold 124.85 QueryBoard 63
advised to consult experts before taking any investment decision and Dalal Ultratech Cement l Buy 4277.25 Kerbside 66
Street Journal holds no responsibility for any losses that may arise due to
investment decisions made on the basis of information given within the Vivimed Labs Limited l Exit 16.60 QueryBoard 62
magazine. No reproduction is permitted in whole or part without written
consent from Dalal Street Journal  All disputes are subject to the Windsor Machines Limited l Avoid 23.25 QueryBoard 63
exclusive jurisdiction of competent courts and forums in Mumbai only.
 Dalal Street Investment Journal is a member of INS/ABCs. BP - Book Profit • BPP - Book Partial Profits • BL - Book Loss

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 7

Market Watch
Markets Making A Recovery Bid
T
owards the end of the
fortnight, Indian markets
glittered, passing the dull and
dodgy phase of economic
slowdown. This boost was a
result of the announcement by the Indian
government to cut corporate tax to 25 per
cent for domestic companies. Slashes to
the GST rate also improved the market
sentiments. The move of tax cuts is
important from a medium-term
perspective.
Globally, the Nikkei index was the best
performer, up by 3.57 per cent. It was
followed by FTSE 100 which was up by
1.25 per cent. As the situation in Hong
Kong continued to remain unstable, the
Hang Seng index and Shanghai index
were the worst performers during the
fortnight with a decrease by 1.72 per cent
and 1.58 per cent respectively.
The Chinese index was down as investors
have been disappointed with the lack of
progress in the US-China trade war
following talks. Following the collapse of
Thomas Cook, other global indices
showed a weak performance, as was the
case for DJIA which was up by 0.43 per
cent while the S&P 500 index increased
by 0.45 per cent. DAX, NASDAQ and
CAC were also positive with an increase
of 0.95 per cent, 0.31 per cent and 0.75
per cent respectively.
For the fortnight, the domestic indices
8 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
outperformed the global indices. Nifty
and Sensex were up by 5.43 per cent and
5.24 per cent respectively. The Small-cap
index was up by 6.73 per cent where as
Mid-Cap index was up by 7.85 per cent.
Reacting to the announcement of
corporate tax rate cut, Bankex was up by
11.48 per cent with mainly stocks of
private sector banks being the gaining
stocks. The FMCG index was up by 7.16
per cent and the Auto index was by 8.68
per cent. The Realty index was up 6.71
per cent and the Metal
index increased by 7.45 per
cent. Power index and IT
index were among the
worst performing sectoral
indices, down by 0.73 per
cent and 6.54 per cent
respectively. Most of the
stress on the power sector is
due to the shortfall of
supply of coal. The IT
sector disappointed the
most as there were no GST
rate cuts announced in
favour of it.
The FIIs continued their selling spree in
the last couple of weeks as well and were
net sellers to the tune of Rs 721.56 crore,
while DIIs were net buyers to the tune of
Rs 4,700.54 crore.
Recently, the Saudi Arabian state firm
Aramco saw attacks at its major facilities.
Post that, Brent crude oil surged by 6.69
Performance Of Indices
09th Sept., 23rd Sept., Gain/Loss
Indices
2019 2019 (%)
Sensex 37,145.45 39,090.03 5.24
Nifty 11,003.05 11,600.20 5.43
Mid-Cap 13,494.62 14,554.46 7.85
Small-Cap 12,709.96 13,564.92 6.73
Auto 16,100.31 17,498.20 8.68
Bankex 30,928.44 34,477.84 11.48
FMCG 10,987.26 11,773.47 7.16
IT 16,121.70 15,067.22 -6.54
Metal 8,765.86 9,418.99 7.45
Power 1,929.59 1,915.51 -0.73
Realty 1962.45 2094.06 6.71
Certain events like the
failure of talks in the
US-China trade war and
the drone attack on
Saudi Aramco’s oilfields
have proved to be major
bumps on an otherwise
smooth ride
per cent. Since the beginning of the
month Brent crude oil is up by 10.41 per
cent. After the surge in gold prices that
had continued in the Indian markets for
the last few months, in the last 15 days,
gold prices fell by 1.52 per cent to Rs
38,960 for 10 grams of 24 carat gold.
Meanwhile, rupee versus dollar has
witnessed volatility during the last few
weeks. As oil prices skyrocketed on
account of the drone attacks on Saudi
Aramco’s oilfields, rupee weakened and
touched the 71.84 level on September 11,
2019. The markets have recovered for
now and investors globally are pondering
over the next steps governments will take
to step up the pace. DS
09th Sept., 23rd Sept., Gain/Loss
Indices
2019 2019 (%)
Dow Jones Ind 26,835.51 26,949.99 0.43
S&P 500 2978.43 2991.78 0.45
NASDAQ 8,087.44 8,112.46 0.31
FTSE 100 7,235.81 7,326.08 1.25
DAX 12,226.10 12,342.33 0.95
CAC 40 5,588.95 5,630.76 0.75
Hang Seng 26,681.40 26,222.40 -1.72
Nikkei 21,318.42 22,079.09 3.57
Shanghai 3,024.74 2,977.08 -1.58
Net Investment In Equity Markets (`/Cr)
Date FIIs DIIs
23-Sep-19 592.64 291.95
20-Sep-19 -744.78 645.72
19-Sep-19 -932.23 780.45
18-Sep-19 -680.61 85.76
17-Sep-19 -792.26 308.56
16-Sep-19 -397.09 209.56
13-Sep-19 2609.4 -126.82
12-Sep-19 577.59 1132.42
11-Sep-19 297.8 686.47
9-Sep-19 -1252.02 686.47
Total -721.56 4700.54
DSIJ.in
DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 9
Recommendations Equity
Isagro Asia, which is engaged in contract
manufacturing, local distribution and
exports of agro chemicals. The transaction
PI INDUSTRIES LTD. value estimated at `345 crore net of cash
and debt will be subjected to closing

GOOD MONSOON TO TRIGGER DEMAND adjustments. The consummation of the

proposed transaction is expected in
Q3FY20. Post this acquisition, PI
Industries expects encouraging growth
HERE IS WHY opportunities across its business model
Acquisition of Isagro Asia to increase growth and will seek initiatives to augment
opportunities business progress. This acquisition will
Better monsoon to increase demand for provide PI access to additional
company’s product manufacturing capacities that will help it
meet the growing demand of global
Better financial performance.

T
customers and synergy benefits of
adjacent manufacturing site while
he upcoming Rabi season de-risking the supply chain of a few
will spread dewdrops of products.
artificial nourishment to
crops. This artificial Due to delay in the monsoon season last
nourishment will increase year, the demand was dampened in the
the productivity of the farms and returns domestic market. But for the current year
on your portfolio by investing in our pick due to heavy rainfall and increased water
Best of LAST ONE Year
for ‘Choice Scrip’, which is PI Industries level it is expected that the demand will
Name of Reco Exit/CMP Absolute Annual
Ltd, a company engaged in diversified Company Price Price (`) Gains Returns increase in the domestic market.
businesses of agricultural inputs, fine (`) (%) (%) Considering this scenario, the company
chemicals, contract research and Balkrishna Ind. 1079.8 1317.85 22.05 417.79 is undertaking capacity expansion at
manufacturing services (CRAMS), Tata Metaliks 667.8 826.2 37.93 89.89 Jambusar and introducing 3-4 new
polymers, and engineering services. PI Colgate-Palmolive (I) 1051.65 1231 17.5 77.78 products. These will help PI leverage its
Industries is today ranked amongst the PFC 122.6 147.6 20.39 64.96 presence and position in the crop
top five Indian agrochemical Symphony 1429.8 1672 16.94 64.19 segments and create additional value for
manufacturers, marketers and exporters. the company and all stakeholders,
The company operates in two distinct per cent to `118 crore in the Q1FY20 including the farmers. The company’s
market segments: domestic agricultural from `82 crore in the same quarter of management believes that the trade war
input (AI) and custom synthesis and FY19. The growth of the company was in China has created opportunities in
manufacturing (CSM) driven primarily by 59 per cent India, which may benefit the business.
On a consolidated basis, the total improvement in exports where it On valuation front, the stock of PI
income of the company from operations continues to benefit from increased Industries is trading at PE ratio 41.28
rose by 24.5 per cent to `754 crore in requirement for commercialised with ROE of 18.77 per cent. The
Q1FY20 from `606 crore in the same molecules and new additions. valuation looks reasonable compared to
period of FY19. The EBITDA grew by 28 its peer group and the type of growth the
per cent to `151 crore Q1FY20 from In the current quarter of FY20, PI company. is exhibiting. By the virtue of
`118 crore in the same quarter of the Industries executed an offer with lsagro the above factors, we recommend our
previous year. Its net profit climbed 23.2 SpA for acquisition of the business of reader-investor to BUY this stock. DS

Note: The stocks recommended under this section are fundamentally strong stocks. However investors are advised to wait for the correct opportunity
to enter these stocks considering the market sentiment right now.
CMP
Monthly Stock Market Returns Shareholding Pattern Last Five Quarters (`/Cr) (Standlone)
15.00%
BSE Code: 523642 (`)
CMP: `1304.80 FV: `1
as of June 2019 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18
10.00% BSE Volume: 45001 Total Income 754.10 804.80 707.50 723.00 605.60
Date: 25/09/2019 Promoters 51.38
5.00% Other Income 12.30 22.20 15.20 12.40 10.20
Public 48.48 Operating Profit 163.70 194.10 163.80 147.00 128.30
0.00%
Interest 2.60 1.30 1.50 1.40 1.70
Feb-19

Apr-19
Sep-18

Nov-18

Sep-19
Dec-18

Jun-19

Jul-19
Mar-19
Oct-18

Aug-19
Jan-19

May-19

-5.00%
Others --
Net Profit 100.80 124.40 107.30 94.40 81.70
-10.00% Total 100 Equity 13.80 13.80 13.80 13.80 13.80

10 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 11
Recommendations Equity
On a consolidated basis, the total income
DALMIA BHARAT SUGAR AND INDUSTRIES from operations declined by 9.76 per cent
to `589.51 crore in the Q1FY20. This

MAKE YOUR FESTIVE SEASON SWEETER

decline in operational income was led by
a delayed monsoon season and drought-
like conditions in previous years. The
EBITDA grew by 13.51 per cent to `95.32
crore in the same period. Its EBITDA
HERE IS WHY margin stood at 16.17 per cent in the June
Industry-supportive government policies quarter of FY20 as against 12.85 per cent
in the same quarter of FY19. The net
Well-diversified revenue stream profit declined 8 per cent to `54.39 crore
Better monsoon to lower input cost. in thesame period. Going ahead, the

T
he festive season is now
around the corner and that is
what has prompted us to
choose something sweet as
our ‘choice scrip’. Yes, it is PRICED SCRIP
from the sugar industry, the sweetness of
which has been enhanced by three key Best of LAST ONE Year
policy interventions made by the Name of Reco Exit/CMP Absolute Annual
Government of India. These include an Company Price Price (`) Gains Returns
approval of a higher price for ethanol, (`) (%) (%)
permission for export of 60 lakh tonnes National Fert. 61.30 78.00 27.24 350.22
of surplus stocks of sugar, and sanction Gufic BioSci. 78.70 95.10 20.84 288.55
for the creation of a buffer stock of 40 Jamna Auto Ind. 77.15 96.75 25.41 254.10
lakh metric tonnes (LMT) of sugar for Virinchi 88.00 110.00 25.00 225.00
one year. These policy interventions will Amines & Plasti. 68.00 81.00 19.12 167.88
bring liquidity to sugar mills, reduce
sugar inventory, and will facilitate timely capacity of the company is now 22,500
clearance of cane price dues of farmers TCD which makes it one of the leading
while reducing sugarcane price arrears of sugar producers in the country. The
sugar mills. company has 79 MW of cogeneration
capacity and a distillery of 80 KLPD. It
These are the prime factors that have led also has facilities for processing of raw
us to choose the sugar industry and DBSI sugar. The company serves the regional
in particular, which is one of the leading market of Uttar Pradesh and eastern
players in this sector. DBSI operates its India as well as institutional buyers such
business with five sugar manufacturing as Pepsi, Coke, Britannia, Bharati
plants, three in Uttar Pradesh and two in Wal-Mart, Parle, etc. The company is also
Maharashtra. Both these states are engaged in the business of power,
cane-rich, which implies minimum distillery, etc.
carriage inward. The total cane crushing
management expects FY20 to see better
growth due to enhanced capacities and
improved efficiencies.
The company produces ethanol, which
is blended with petrol to enhance
eco-friendliness qualities and it
produced 33,515 kilo litres of ethanol
this year. India aims to triple its ethanol
production by 2022 and thereby reduce
the country’s oil import bill by `12,000
crore. This demand of ethanol
production and increased ethanol prices
will help DBSI to grow its revenue in the
coming quarter.
Sugarcane crops require huge amount of
water for growth and since the monsoon
has been exceedingly good this year –
with flooding in many districts – the
ground water level has increased. This
will help increase the yield of sugarcane
in states like Maharashtra and Uttar
Pradesh, thereby benefitting the
company. Given this scenario, it is
expected that the cost of raw material i.e.
sugarcane will reduce for this year.
The return ratios of the company are also
in a sound position with ROE of 12 per
cent, available at PE ratio of below 4,
which makes it an attractive valuation to
BUY. DS

Note: The stocks recommended under this section are fundamentally strong stocks. However investors are advised to wait for the correct opportunity
to enter these stocks considering the market sentiment right now.
CMP
Monthly Stock Market Returns Last Five Quarters (`/Cr) (Standlone)
40.00%
Shareholding Pattern
30.00% BSE Code:(`)
 500097 as of June 2019 Particulars Jun-19 Mar-19 Dec-18 Sep-18 Jun-18
20.00%
CMP: `90.65 FV: `2 Total Income 589.51 568.94 422.43 371.96 653.3
BSE Volume: 52,008
Date: 25/09/2019 Promoters 74.91
10.00% Other Income 13.82 20.14 45.04 13.2 8.53
0.00% Public 25.09 Operating Profit 109.14 88.25 80.93 62.22 92.5
Feb-19

Apr-19
Sep-18

Nov-18

Sep-19
Dec-18

Jun-19

Jul-19
Mar-19
Oct-18

Aug-19
Jan-19

May-19

-10.00% Interest 24.64 26.58 13.5 12.99 15.54

Others --
-20.00% Net Profit 57.56 46.18 43.36 35.82 62.04
-30.00% Total 100 Equity 16.19 16.19 16.19 16.19 16.19

12 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 13
Recommendations Equity
HESTER BIOSCIENCES CMP - `1885.85

BSE CODE Volume Face Value Target Stoploss

524669 2319 `10 `2,250 `1735(CLS)

H
ester Biosciences Ltd is engaged in Scrip’s Movement
the manufacturing of poultry 2,000.00
1,950.00

vaccines. The company is a 100% 1,900.00

biotech company producing animal 1,850.00

1,800.00
biologicals. The company is also in the 1,750.00

business activities of poultry vaccines and 1,700.00

1,650.00
large animal health products. On the 1,600.00

consolidated financial front, the company 1,550.00

26-Aug 05-Sep 16-Sep 25-Sep
posted revenues at `44.75 crore in 2019

Q1FY20, up by 12.43 per cent as against Last Seven Days’ Volume Table
`39.80 crore posted in the same quarter of
(No. of Shares)
the previous year. The PBIDT for Q1FY20
Days Volume
stood at `17.57 crore displaying a gain of
18.57 per cent as compared to `14.82 crore 17-Sep-19 334
posted in Q1FY19. The bottomline however 18-Sep-19 93
fell by 2 per cent in Q1FY20 as it came in at 19-Sep-19 205
`8.08 crore from `8.29 crore in Q1FY19. On 20-Sep-19 915
23-Sep-19 886
the valuations front, the company is trading
24-Sep-19 3,981
at a PE of 37.08x on its TTM earnings as
25-Sep-19 2,319
against the industry PE of 23.59x. The ROE
stood at 25.59 per cent while the ROCE was confluence of the above mentioned factors,
The scrips in this at 26.56 per cent, both on TTM basis. The we recommend a BUY.
column have been adjusted EPS was `48.86. Based on the
recommended
with a 15-day investment RITES CMP - `265.85
horizon in mind and
BSE CODE Volume Face Value Target Stoploss
carry high risk. Therefore, 541556 139,565 `10 `284 `249(CLS)

R
investors are advised to Scrip’s Movement ITES is an engineering consultancy
take into account their risk 270
company, specialising in the field of
appetite before investing, 260

250
transport infrastructure. On the
as fundamentals may 240
financial front on a consolidated basis, the
company reported net sales of `537.65 crore
or may not back the 230

220 for Q1FY20 which increased by 61.79 per

recommendations.
(Closing price as of Sept 25, 2019)
210
200
190
27-Aug 06-Sep 17-Sep
2019
Last Seven Days’ Volume Table
(No. of Shares)
Days Volume
17-Sep-19 18,337
18-Sep-19 4,420
19-Sep-19 23,583
20-Sep-19 22,320
23-Sep-19 50,077
24-Sep-19 1,90,767
25-Sep-19 1,39,565
the Sri Lankan government for supply of two additional fully air-conditioned diesel
multiple unit (DMU) train sets. Hence, we recommend a BUY.
cent compared to the net sales of `332.32
crore reported for Q1FY20. The PBDT for
25-Sep
Q1FY20 stood at `164.19 crore which is a
significant increase by 13.15 per cent from
`145.11 crore for Q1FY19. The net profit rose
by 10.88 per cent in Q1FY20 to `101.18 crore
from `91.25 crore in Q1Y19. The company’s
net sales increased by 36.73 per cent in FY19
to `2,047.45 crore from `1,497.45 crore in
FY18. The PBDT stood at `760.22 crore and
`557.04 crore for FY19 and FY18 respec-
tively. In FY19 the net profit increased by
34.26 per cent to `481.55 crore from
`358.66 crore in FY18. It recently received a
major export contract worth `160 crore from
DS

14 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 15
Technicals
NIFTY Index Chart Analysis
11710 to act as key resistance for bulls !
T
he two-day big surge in the
benchmark indices is able to
recoup the losses of the last
two months. With almost 900
points’ net gain in two days,
Nifty was able close above the 61.8%
retracement of June 3 and August 23 fall.
Technically, the Nifty has broken out of
30 trading sessions’ consolidation zone
with massive volumes. A record level of
cash volumes registered on Friday in the
history of NSE. Even the delivery
volumes also increased to a record level.
This shows that the event of the finance
minister’s announcement of the corporate
tax cut changed the sentiment to the
bullish side. The massive gains of Friday
and Monday moved the Nifty above the
50, 100 and 200 DMAs. As I mentioned
earlier, any close above 11,181-11,200 will
lead the Nifty to the levels of 11,370 and
11,540.
On Friday, the big surge faced resistance
at 11,382 levels and closed below the
11,370 levels. The triangle breakdown on
Thursday negated or failed with this
move. The failure triangle breakdown has
now ended with an upside breakout. As
16 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
Roadmap for the next 15 trading sessions
Ideas Nifty Levels
Trading above 11,790 on weekly closing basis would
Resistance for the medium term 11710 – 11790
give further momentum to the bulls
Close below 10,900 on the weekly chart would change
Support for the medium term 11480 – 11320
the trend and trigger a retreat
long as these breakout levels are
protected, there will be a positive bias.
The sudden surge in index has changed
the structure of the market. Technically,
as Nifty made a higher high and high
low, it entered into an uptrend from the
sideways consolidation of a downtrend.
This needs to be followed through many
days from now to continue the uptrend.
The accumulation days are important to
strengthen the market.
Distribution days will certainly weaken
the market. If the market witnesses a
negative close of more than 0.25% with
above average volumes, it indicates
distribution. We are just 500 points away
from lifetime highs. Now the key
resistance is placed at 11,710, which is a
swing high and 11,790 which is at 78.6
retracement level. Once these levels are
taken out, the Nifty can retest the lifetime
highs. As the market structure has
Equity
Action to be Initiated Probable Targets
12000
11180
completely changed in just two days, and
the fundamental benefit of the tax cut
has already been priced in, it is time to be
cautious too. More than 62% recovery of
73 days of a fall in two days will definitely
attract profit booking.
The Nifty has now closed out of the
Bollinger Bands. As a rule, the price must
come into the bands before moving to a
further high within two to three days. As
the monthly expiry is on cards on
Thursday, it may be possible to retrace to
the extent of 11,480 and 11,324 levels. At
the same time, Nifty also faced resistance
at the prior upward channel support line
and formed a spinning top candle
pattern which is indecisive in nature. If
this happens, the gap of Monday,
September 23, also will be filled. Any
huge rise, generally, attracts
consolidation for some period on a
corrective of flat base mode. In any case,
the corrective consolidation extends the
fall that may extend towards the 11,218
and 11,181 levels.
Any fall to these levels can be utilised as a
buying opportunity. Any fall below
11,180 only turns to bearish. There is a
higher probability of forming an inside
bar next week or the price action may be
within the limits of Friday’s low and
Monday’s high. We need to wait until the
end of the euphoria and let the market
cool off. In this process, the market will
behave typically and this pattern may
give future direction to the market.
The long-term trend depends on the
improvement in the earnings. Unless the
earnings improve at an expected level,
the market may not make new highs.
After a series of baby steps, the ‘big bang’
announcement by the government has
changed the sentiment of the market.
DSIJ.in
DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 17
Technicals Equity
STOCK RECOMMENDATIONS

ICICI BANK ............................ BUY ............................ CMP `434.45

BSE Code : 532174 Target 1 .... `470 | Target 2 ..... `540 | Stoploss....`410 (CLS)
India’s leading private sector bank closed at lifetime
highs on Monday. It also has broken out of its bullish
flag pattern with huge volumes. Interestingly, the stock
has also broken out of the three-year-long upward
channel and entered into an uncharted area by closing
above the prior pivot level of `443.90. An almost 17%
jump in just two days may attract some profit booking
in the stock. This may lead to retesting of the breakout
level. The 20-period RSI took support at 50-level
multiple times in the past year. Now it has entered into
the super-bullish zone, above 61. The double bottom
kind of pattern is clearly visible in the RSI on a weekly
chart. The MACD line is about to move above the signal
line and above the zero line. On a daily chart, it has
already reached above the zero line. The stock is trading
above the short and long-term moving averages. It also meeting Minervini’s trend setup rules. The relative price strength (RS) is
as high as 91. Last it recorded above-average volumes indicating accumulation. Institutional investors have increased their stake
by 1.51 per cent. As the banking sector is one of the biggest beneficiaries of the recent corporate tax cut, ICICI Bank will be the
front-runner reaping the benefits. Buy this stock at the current levels with a stop loss of `410. The target is open to `470 in the
short term. Above this continue with your position for the target of `540 in the medium term.

KEI INDUSTRIES .................. BUY .............................. CMP `516.30

BSE Code : 517569 Target 1 ..... `600 | Target 2 ..... `650 | Stoploss....`475 (CLS)
KEI Industries is India’s electrical peripheral company
with the largest distribution network in the country.
The stock has registered its lifetime high on Monday
and closed near to breakout level. It is in clear uptrend
and making higher highs and higher lows. The stock is
moving in an upward channel. Within the channel, it
has broken out of an inverted head to form a pattern
with higher volumes. The stock is trading above the all
short and long-term moving averages and the moving
averages are turning bullish. The 20-periods RSI is
forming a triangle and about to break out. As it is
trading above the 60-levels, the indication is a sign of
bullish strength. The MACD line has crossed over the
signal line above the zero line. Volumes registered
above the 20-week average on Monday suggest
accumulation. There are accumulation bars in this
stock for the last five-week period. Institutional investors have increased the stake in the company by 3.81 per cent in the last
quarter. Its relative price strength is as high as 94 and EPS strength is at 97. Its return on equity is at 24%, registering above 20 per
cent growth in sales and EPS, thus meeting all the CANSLIM characters other than group rank. Buy this stock at the current
levels with a stop loss of `475. The targets are open towards `600 and 650 in the medium term. DS

*LEGEND: n EMA - Exponential Moving Average. n MACD - Moving Average Convergence Divergence n RMI - Relative Momentum Index
n ROC - Rate of Change n RSI - Relative Strength Index (Closing price as of Sept 25, 2019)
Disclaimer : Above recommendations are based on various technical parameters and any fundamental input has not been considered for the recommendations. Follow strict stop loss for the recommendation.

18 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 19
Analysis Equity

HDFC AMC:
PLAYING A STELLAR ROLE
H
HDFC Asset three liquid schemes, and seven other
Management schemes, which also includes exchange-
Company traded schemes and funds of fund
Limited (HDFC schemes. Additionally, HDFC AMC
For FY18-19 the asset AMC) is a joint
venture between
provides portfolio management services
to high net worth individuals (HNIs),
under managemnt of HDFC and
Standard Life
domestic corporates, trusts, provident
funds and domestic and global
HDFC MF was `343,938 Investments Ltd. It is
one of India’s largest mutual fund
institutions. When the IL&FS crisis took
place, HDFC AMC was a preferred
crore, thus increasing managers in terms of AUM with around
210 branches across the country.
choice for corporate investors as the
asset manager gained market share and
by 17.79 per cent Gaining a strong market share in debt delivered positive margins.
and equity markets through its prudent
compared to `291,985 strategies and active asset management,
the company offers 22 equity-oriented Industry overview
crore for FY17-18 schemes, 115 debt-oriented schemes, Global tensions over the US-China trade

20 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 (SIPs). With financial savings, flows into HDFC Asset Management
equity-oriented mutual funds grew at a
rapid pace so that the mutual fund AUM Company Ltd.
grew by 11% in FY18-19. As for the debt BSE Code : 541729 CMP (`) 2795.55
markets, credit growth remained healthy Particulars Amonut (` Crore)
with growth in deposits supported by
Net Sales 1948.34
sustained pickup in retail and services
credit even though credit to industry % Change 6.03%
remained muted. For the domestic Operating Profit 1534.40
market, the MF industry AUM grew by % Change 35.69%
24% CAGR for a period of over five years Net Profit 1017.13
and equity AUM grew by 39% CAGR
% Change 35.26%
over the same period of time. Individual
investors typically preferred to invest for Equity 106.30
longer time frames and had a higher EPS (`) 47.78
preference for equity-oriented funds. FV (`) 5.00
P/E (x) 58.40

Operational performance Dividend Yield (%) 0.71

For FY18-19 the asset under managemnt
(AUM) of HDFC MF was `343,938 crore,
thus increasing by 17.79 per cent
compared to `291,985 crore for FY17-18.
At the close of FY18-19 the actively
managed equity-oriented AUM of HDFC
MF increased by 13.34 per cent to
`164,263 crore from `144,925 crore in
FY17-18. The company has the highest
market share in assets from individual
investors consisting of 15.4 per cent. From
PAN identification, the company reported
to have a total of 1.93 crore investors in
mutual funds in India out of which close to
28 per cent i.e. 53 lakh investors are the
company’s customers. HDFC has been
able to regain its leadership position for
the year by having the highest market
war still persist with a fear of slowdown. share in total AUM and actively managed
Foreign portfolio investors (FPIs) had equity-oriented AUM.
bought Indian equities worth USD 0.2
billion in FY19 compared to USD 3.4 Its total AUM market share for FY18-19
billion in FY18. On the domestic front, was 14.5 per cent and was 16.2 per cent
equity-oriented mutual funds inflows for actively managed equity-oriented
were `1.18 lakh crore for FY18-19 which AUM when considering the market
were supported by improvement in share of all asset management companies
investing via systematic investment plans in India. Equity-oriented assets
Phasing out of upfront commissions which has
now been replaced by trail commissions and lower
employee expenses has helped in improving the
operating margins for the company.
Book Value (`) 157.71
(Trailing Four Quarter Data) CMP as on 20th Sept, 2019
contributed to 48 per cent of the
company’s total AUM and non-equity-
oriented assets contributed to 52 per cent
of the company’s total AUM. In the
month of March 2019 alone, the
company processed 33.8 lakh systematic
transactions which equal `1,182 crore.
These systematic investments are
beneficial as they are a part of regular
investing and allow the investors to
periodically invest a particular amount,
thus resulting in achieving rupee cost
averaging while mitigating risk. The
company states that its systematic book
currently is of long-term type with
around 78.4 per cent having tenure of
more than five years and 66 per cent
having tenure of more than 10 years
since the time of registration.
Financial performance
For HDFC AMC, revenue from
operations includes investment
management fees from the mutual fund
and portfolio management services and
advisory fees. For Q1FY20, the company
reported an increase of 7.04 per cent in
revenue from operations to `504.39 crore
compared to `471.23 crore for Q1FY19.
In the first quarter of FY20, PBT

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 21

Analysis
Company Name
Bajaj Finserv
HDFC Asset Management Company
Muthoot Finance
Cholamandalam Investment & Finance Company
Reliance Nippon Life Asset Management
Total AUM (in Rs. billion)
3500
3000
2500
2000
1500
1000
500
0 credibility of the company and HDFC
FY14 FY15
expanded by 45.91 per cent to `429.92
crore from `294.64 crore recorded the
same quarter of the previous fiscal year.
The company gained net profit of
`291.79 crore in Q1FY20, an increase of
42.16 per cent from `205.26 crore gained
in Q1FY19.
In FY19, revenue from operations
increased to `1,915.18 crore from
`1,756.77 crore in FY18. The 9.34 per
cent increase in investment management
fees led to an increase of 9.02% in net
sales. Due to increase in investment book
in value and rise in yield on investments,
other income for the company increased
by 60.71% and was `181.6 crore in FY19
as against `113 crore in FY18. For FY19,
profit before tax increased by 29.91 per
cent to `1,374.70 crore from `1,058.23
crore in FY18. Compared to FY18, the
AMC spent more on taxes in FY19 due
to increase in current tax which was a
result of higher profits. Hence, for FY19,
HDFC AMC gained a net profit of
`930.6 crore, which is 30.83 per cent
more than the net profit of `711.29 crore
gained in FY18. For FY19, the company
declared a final dividend of `12 per
equity share of `5 and also an interim
22 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
Peer Comparison (Standalone data)
Market Cap ROA (%) ROE (%) ROCE (%)
122652.22 10.02 10.18
59436.14 32.68 35.08
25226.14 5.73 22.45
22724.34 2.36 21.04
15502.91 17.99 19.56
FY16 FY17 FY18 FY19
dividend of `12. Thus, the total dividend
for the fiscal year of FY18-19 was `24
and the dividend payout ratio for
FY18-19 stood at 66.09 per cent.
Outlook
HDFC AMC is considered as a leader in
the Indian mutual fund industry in terms
of profitability, equity-oriented AUM
size, and total average AUM. Through
various expansion and acquisition
strategies, including that of Zurich India
and Morgan Stanley MF, the company
has grown to be one of the top two
AMCs in the country. The company
offers a wide range of investment
schemes across asset classes catering to
various risk return profiles, thus giving it
a growth booster. The AMC is able to
provide a robust investment track record
with investment schemes such as
equity-oriented schemes based on
market capitalisation and asset class mix,
as well as thematic, tax-saving, goal-
based, arbitrage and index schemes;
schemes based on market capitalisation
including multi-cap, large-cap, mid-cap
and small-cap schemes; and also schemes
based on asset classes that include
Equity
Adjusted PE (x) EV/EBITDA(x) Adjusted EPS (`)
10.79 364.50 341.64 19.30
51.64 35.05 23.48 43.78
16.22 12.51 9.28 49.22
10.81 19.08 12.72 15.17
28.19 27.05 17.75 7.76
equity-oriented hybrid schemes with a
mix of equity and debt instruments.
Market-related risks such as adverse
market fluctuations or economic
conditions pose as threats towards HDFC
AMC’s business operations by adversely
impacting its volumes. Underperformance
of investment products can lead to decline
in AUM and adversely affect revenues,
reputation and brand. To overcome these
obstacles the asset management business
has a good operational leverage. The
Group makes the AMC retain its
customers’ confidence. For HDFC AMC,
phasing out of upfront commissions
which has now been replaced by trail
commissions and lower employee
expenses has helped in improving the
operating margins for the company.
Conclusion
As regards the stock performance,
recently the stock of HDFC AMC
reached a new lifetime high as it
surpassed its previous close of `2,412 and
closed at `2,432.25 on August 29, 2019.
The stock continued to gain for the next
few days as well i.e. on September 3, 2019
also and reached the share price of
`2649.75. In the last six months the stock
price has gained by 88.48%. Expansion in
its distribution networks and product
portfolio by integrating various digital
models will facilitate the growth of the
company in future. The AMC’s strong
growth drivers include a strong brand
pull which is benefitting from parentage,
comparatively higher proportion of
equity assets, and continued delivery on
fund performance that make it a reliable
company to capitalise on the financial
savings’ opportunity in the country.
Hence, based on our analysis we
recommend a BUY. DS
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DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 23
Special Report
Incredible India’s Tourism
Sector Promises A Scenic
Turnaround
The Government of India
along with the state
governments have played a
key role in enabling the
travel and tourism
ecosystem. Strategic
initiatives, including relaxed
foreign direct investment
policies, revamping of the
‘Incredible India’ and other
campaigns, and the
extension of e-visa to 166
countries have helped
expand the nation’s travel
and tourism scenario.
Coupled with the recent
slashes in GST rates for
hotels, the tourism industry
in India may soon gain
momentum, reports
Shohini Nath
24 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
I
ndia is one of those countries
that can boast of a wide array
of attractive tourist
destinations. Mountains both
green and white, beautiful
sunny beaches, alluring forts
and palaces of Rajasthan and
other states, dense forests of
the north-eastern region, shimmering
backwaters and gorgeous temples of
South India – the list could go on and on
if we were to highlight all the tourist
attractions that makes India such an
attractive destination. All the 28 states
and the nine Union Territories have so
much to offer to both domestic and
foreign tourists. Incredible India, it
certainly is! Moreover, with a
geographical advantage, India is fringed
by the mighty Himalayas in the north,
stretching towards the Tropic of Cancer
and tapering off into the Indian Ocean to
the south with the Arabian Sea and Bay
of Bengal on each side.
Travelling through India, tourists are
greeted by the diverse culture, various
nuances of art, and differences in faith
along with colourful festivals and a
myriad of cuisines to relish. It is all this
and more that therefore makes tourism
an increasingly major growth driver of
India’s economy, now contributing close
to USD 250 billion or 9.2% of the
country’s gross domestic product (GDP)
in 2018. It has also earned foreign
exchange to the tune of USD 28.9 billion,
accounting for 5.4% of the total national
exports. The promotion and
development of Indian tourism comes
under the aegis of the Ministry of
Tourism (MoT) and its primary
objective is to promote the country’s
unique heritage, culture and
geographical attractions to tourists both
domestic and international.
Tourism is also important for the
employment opportunities it generates,
providing a further fillip to economic
development and appreciation of
cultural similarities and differences.
Transport, finance, recreation, health
and hospitality attract additional
investments owing to tourism.
According to the calculations of the
World Travel and Tourism, tourism
generated `16.91 lakh crore in 2018 and
supported 42.673 million jobs, 8.1 per
cent of its total employment.
Furthermore, the sector is predicted to
grow at an annual rate of 6.9 per cent to
`32.05 lakh crore by the end of 2028, 9.9
per cent of GDP.
Schemes of Ministry of
Tourism
Given the encouraging scenario, the
Ministry of Tourism has undertaken
many projects to present India as a
perfect tourist destination and create a
visitor-friendly image of the country. The
‘Atithi Devo Bhavah’ campaign and the
‘Incredible India’ campaign served to be
incredibly successful in creating a vibrant
and stunning image of the country as a
perfect holiday destination. Moreover,
schemes such as ‘Swadesh Darshan’ aim
to develop theme-based tourist circuits
to augment tourists’ experience and also
enhance employability. Under the
scheme, 15 thematic circuits have been
identified for development. These
DSIJ.in

Percentage share to GDP
10.2
10
9.8
9.6
9.4
9.2
9 facility include Thailand, Mauritius,
8.8
8.6
2009
2010
2011
2012
2013
2014
comprise the Northeast India Circuit,
Buddhist Circuit, Himalayan Circuit,
Coastal Circuit, Krishna Circuit, Desert
Circuit, Tribal Circuit, Eco Circuit,
Wildlife Circuit, Rural Circuit, Spiritual
Circuit, Ramayana Circuit, Heritage
Circuit, Tirthankar Circuit and Sufi
Circuit. Since the inception of the
scheme in 2014, an amount of
`6,113.73 crore has been sanctioned for
77 projects with a total release of
`3,250.72 crore till March 2019. Under
PRASHAD scheme that promotes
religious destinations, 41 sites have been
identified at present in 25 states for
development. Since the inception of the
scheme, an amount of `857.61 crore has
been sanctioned for 28 projects with a
total release of `396.67 crore till March
31, 2019.
Initiatives of identification, development,
diversification and promotion have been
taken by the Ministry of Tourism for the
promotion of niche tourism products of
the country like cruise, medical, wellness,
meetings incentives conferences and
exhibition (MICE), film tourism,
adventure, etc. to endorse India as a
365-days’ tourist destination. The
DSIJ.in
2015
2016
2017
2018
2019
2020 E
Source : World Trade and Tourism Council
‘Incredible India 2.0’ campaign of the
MoT marks a shift from the generic
promotions undertaken across the world
to market-specific promotional plans.
The campaign covers important source
markets for Indian tourism and also
takes into account emerging markets
with significant potential.
Government measures to
boost tourism
The government has also been making
serious efforts to boost investments in
the tourism sector. Through the
automatic route in the hotel and tourism
sector, 100% foreign direct investment
(FDI) is allowed. A five-year tax holiday
has been offered for 2, 3 and 4-star
category hotels located around UNESCO
World Heritage Sites, except Delhi and
Mumbai. The tourism and hospitality
sector is among the top 10 sectors in
India to attract the highest FDI.
According to data released by the
Department of Industrial Policy and
Promotion (DIPP), the hotel and tourism
sector attracted around USD 10.6 billion
of FDI between April 2000 and
September 2017; since then the total FDI
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL
received was around USD 1.75 billion
from September 2007 till March 2019.
Considering the importance of visa
facilities, long-term tourist visas of five
years’ duration with multiple entries,
carrying a stipulation of 90 days for each
visit, has been introduced on a pilot basis
for the nationals of 18 selected countries.
A study was conducted by the MoT
which has reinforced the belief that the
presence of the facility of visa on arrival
(VoA) significantly impacts the tourists’
travel plans to any country. Some of the
countries that have been offered VoA
British Virgin Islands, Bhutan,
Seychelles, Haiti, Cambodia, Togo, St.
Lucia, Maldives, Kenya and Jamaica.
Statistics tell the story
As per data provided by the Ministry of
Tourism, in the period of January-July
2019, a total of 15,34,293 tourists arrived
on e-tourist visa as compared to
12,68,077 during January-July 2018,
registering a growth of 21%. Foreign
tourist arrivals (FTAs) during the period
January-July 2019 were 60,84,353 as
compared to 59,57,816 in January-July
2018, registering a growth of 2.1 per cent.
FTAs in India during January-November
2018 were 93.67 million (provisional)
with a growth of 5.6 per cent over the
corresponding period of 2017. As far as
tourism is concerned, the year 2017 was
a remarkable year for India as it received
more than 10 million tourists for the first
time in history, registering 14% growth
in 2017 over 2016.
Aviation and hotel
industry
The aviation sector influences the
tourism industry to quite an extent.
Tourism and air transport complement
each other as tourism depends on
transportation of tourists while the
transportation industry relies on tourism
to generate demand for its services. The
25
Special Report
Umesh Mehta Top 5 FTAs in India The travel and tourism industry
Head of Research, Samco Securities accounts for about $1.7 trillion,
5% which is around 2% of the global gross
Despite these challenges,

6%
Bangladesh
domestic product (GDP). World Tourism
the demand for hotel 18% 42% USA
UK Organization (UNWTO) has stated that
rooms has grown faster than Malaysia more people than ever, i.e. around 1.4
supply. Occupancy levels also 29% China
billion have traveled internationally
stood robust at 65.3% in 2018, Data for July 2019
for their holidays in 2018 while global
the highest in the past 10 years tourism hits record highs.
at an all India level. This trend is
shrunk and economic downturn is to be unlicensed players on these portals that
expected to continue given the blamed. has made clients wary. The Federation of
brand recall value. The Indian Hotels and Restaurants Association of
However, on the brighter side, online India claims that 40% of the room
rupee has also depreciated access to travel plans is creating inventory available on these platforms
compared to other currencies superfluous demand and is increasing is illegally operated sans any license.
which can attract tourists to visit the market size. Within the travel sector, To prevent any damage to the
nearly USD 24 billion incremental travel country’s reputation, the MoT is
our homeland. However, with bookings will be clocked online by 2021. looking at weeding out the present
lower entry barriers this Many of the travel service companies in unlicensed properties on the online
India have exemplar travel plans to offer travel portals.
industry faces stiff competition to their clients, which positively impacts
from OYO rooms and other the growth of tourism. Hospitality and tourism
apartments and rental rooms, The growth in Indian travel and tourism stocks
thereby posing a threat to the sector has largely been driven by But naturally, companies engaged in the
entire hotel industry. domestic tourists and on that note most business of tourism, travel and hospitality
domestic tourists are looking for sector have been affected by the
affordable stays. As such, budget hotels slowdown in economy and weak market
in India are on the rise to cater to such sentiments. The tourism and hospitality
main mode for international tourism is needs. The online booking of hotels sector is currently trading at a P/E of
Air transport. Unfortunately, this year through multiple online aggregators 46.54x. On an average, the EPS growth on
the world witnessed events that offering great discounts and deals has a year-on-year basis stood at 30.69%. In a
negatively impacted the travel and made it easy for people to make their period of one year – as on September 20,
tourism sector. For instance, the travel plans. Today, almost everyone 2019 – Howard Hotels has delivered the
portentous terrorist attacks in New would like to grab the opportunity of highest return of 38.89% followed by The
Zealand, Pulwama and Sri Lanka online hotel booking rather than an Indian Hotels Company reflecting
which significantly impacted travel offline booking due to convenience. 15.37% over the year.
demands. In India, floods in various However, an issue that the organised
regions kept tourists away. An additional hotel industry is facing is the presence of The good news is that very recently the
factor was the chaos in the Indian
aviation sector that had a direct impact
on airfares. The collateral damage caused Foreign Tourist Arrivals and Foreign Exchange Earnings during the years 2014-2018
(Jan-Nov):
by the downfall of a long-established
airline with significant seat capacity on Foreign Per- centage Foreign Per- centage Foreign Per- centage
both domestic and international routes Tourist Change Over Exchange Change Over Exchange Change Over
has prepared other players of the Arrivals Previous Earnings Previous Earnings Previous
industry to be on a lookout and identify Year (in nos.) Year (in `crore) Year (Billion USS) Year
systemic risks and plan mitigation 2014 7679099 10.2 120367 l l.9 19.700 7.l
2015 8027133 4.5 134844 12.0 21.013 6.7
actions for the same. Meanwhile, the
2016 8804411 9.7 154146 14.3 22.923 9.l
overall slowdown in world economy has 2017 10035803 14.0 177874 15.4 27.310# 19.l
affected the tourism and hospitality 2018 9367424@ 5.6@ 175423@ 10.7@ 25.838@ 6.4@
sector. The growth in foreign tourist (Jan -Nov)
arrival is on the borderline. Rather, it has @ Provisional # Revised Estimates Data Source : MOT

26 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

Ankit Rastogi, Vice President, Cleartrip
India Will Become The Third-Largest Aviation Market By 2024
By what rate is the tourism sector growing in India?
India has established itself as one of the fastest-growing travel
markets across the globe in the past decade. The sector is
predicted to grow at an annual rate of 6.9% to `32.05 lakh crore
(USD 460 billion) by 2028 (9.9% of GDP). However, with the
occurrence of different unforeseen episodes in the country’s
tourism industry, the predicted growth rates may witness some
variation. Though with the government’s clear intent to boost
the industry, the offsets may only be temporary. Some of the
recent government initiatives have a huge potential to impact
the tourism growth rate positively.
For instance, Prime Minister Narendra Modi’s invitation to the
countrymen to visit 15 destinations by 2022 will give a fillip to
the domestic tourism sector. Similarly, Finance Minister
Nirmala Sitharaman spoke about building 17 model sites to
encourage inbound tourism in her maiden budget speech.
Reports show that inbound tourism has gone up by 2% while
outbound tourism is estimated to grow by 9%-10%. In the last
two years, India has moved up by six places to the 34th position
on the World Travel and Tourism Competitiveness Index
according to a recent report by the World Economic Forum
(WEF).
What is the business growth and outlook for online booking
portals such as yours?
After receiving more than 10 million international tourists
annually since the last three years the tourism industry is
clearly on a high growth path. Fuelled with improving
infrastructure around connectivity, visa ease, stability around
security, and rising international chains’ growth in the
hospitality sector, the travel industry will acquire more
momentum. With India being able to offer cultural heritage,
variety of local food and natural vistas at affordable price
points, India will be a cynosure for many in the coming years.
With respect to outbound travel, Indians are travelling like
never before. Increasingly, several countries are looking to
welcome Indians, growing around a healthy 9-10%.
Soon, 30 million Indians annually will be visiting abroad,
ensuring an increase in the number of international tourism
boards setting shop in the country and customising their
offerings for our travellers. There are many reports that give a
positive conclusion for sector growth. Our long-term outlook
for travel remains strong in our operating regions driven by
young, technology-savvy populations, rising income levels, and
continuing shift to online channels. This allows us to continue
investing in the long-term growth of our business.

GST Council announced a tax rate cut
on hotel room tariffs, aimed to boost the
hospitality sector. For hotels, Finance
Minister Nirmala Sitharaman
announced that rooms which are priced
at `1,000-7,500 per night will now levy a
tax of 12% as against the earlier 18 per
cent. Rooms which charge more than
`7,500 will now levy 18% as against the
earlier 28%. For rooms that charge less
than `1,000 per night, the GST has been
waived off. The new GST rates are bound
to affect the stocks of the hospitality
sector more positively.
Conclusion
According to a report titled ‘Travel and
Tourism Competitiveness 2019’,
published by the World Economic
Forum (WEF), India has registered a big
improvement by jumping from the 40th
rank in 2017 to 34th for 2019. The report
also mentions that India has registered
the greatest percentage improvement to
its overall score, thereby helping it to
become the only lower-middle income
country in the top 35. India’s success in
travel and tourism was pushed by several
measures that the government
undertook. Conversely, the government
has to push for higher domestic tourism
growth, given the fact that it is one of the
country’s strongest drivers.
What will drive the industry forward
depends on several key areas, including
availability of disposable income, the
budding love for travel and tourism
across all age groups, and springing up of
new travel destinations with plentiful
options of budget stay.
With MoT’s schemes and new tourism
policy we may see both domestic and
foreign tourism on the rise. Keeping that
in mind – coupled with the convenience
of visa facilities for foreigners, better
amenities for domestic and foreign
tourists, and also a wide expansion of
tourism activity being carried out by the
MoT – companies catering to the needs
of tourists should thrive.
Life today is moving at a much faster rate
than anticipated. Every working person
desires to take a break during the weekend
or plan for longer vacations. Traditional
and emerging themes of tourism that
include nature, heritage, culture,
adventure, medical, MICE and wedding,
among others, have been essential to
attract domestic and foreign tourists.
Strong domestic demand and economic
growth, infrastructure development,
competitive pricing, and the emergence
of new exciting destinations and niche
tourism products will continue to drive
the growth of the industry in the future.
The government’s thrust on
infrastructure development in general
and especially for tourism purposes
could likely benefit the tourism stocks in
the long run. DS

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 27

Special Report
Avoid Stocks Hit
With Corporate
Governance Issues
Corporate governance is not understood by most investors
holistically. Geyatee Deshpande defines what it means and
highlights various corporate governance cases in India. The
article also focuses on the vital aspects in any company
that investors should pay attention to in order to identify
corporate governance issues
28 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
I
ndian equity investors have had
a rough ride over the past 18
months. During most times, the
pain in the market has been due
to economic slowdown, earnings
downgrade, global meltdown,
and various other financial aspects
impacting the performance of the listed
companies. This time around, what has
caused negative impact is the lack of
corporate governance in several of the
listed companies. Investors were caught
unprepared by such lack of corporate
governance standards and practices by
some of their favourite stocks. There was
no way that investors at large would have
predicted this issue of corporate
governance emerging amidst the
economic slowdown.
Therefore, it is high time equity investors
start recognising the importance of
corporate governance and its relevance
to sustainable equity returns. Often it is
seen that corporate governance is not on
the radar of investors while analysing
stocks. With numerous reputed
companies throwing negative surprises
on the governance issues in the past
couple of years, corporate governance
has been a topic that can no more be
sidelined. Says Amol Dandwate, a
long-term equity investor: “All these
years I was focusing on numbers and
profitability to select stocks. After the
recent corporate governance debacles, I
DSIJ.in
 Expert Quote
am now going to read annual reports compensation decisions, dividend
more thoroughly and try to estimate the policies, procedures for reconciling
corporate governance standards and conflicts of interest and explicit or Azim Premji
principles of the chosen company. It is a implicit contracts between the company Chairman, WIPRO
must in my view.” and shareholders. Investors should also
be aware about the corporate governance  The real threat to
Understanding Corporate principles that include the following key
elements: business is from within, from
Governance
Corporate governance in simple terms is • All shareholders should be treated poor ethical standards and
a combination of rules, processes or laws equally and fairly, implying that the lack of integrity that can do
by which businesses are operated, shareholders are aware of their rights
regulated and controlled. It includes the and how to exercise them. incalculable harm.
internal and external factors that affect
the interests of a company’s stakeholders, • Legal, contractual and social
including shareholders, customers, obligations to non-shareholder Albert Camus
suppliers, government regulators and the stakeholders must be upheld which Author
management. Hence, the boards of includes communicating
directors are responsible for creating the
framework for corporate governance
information to employees, investors,
vendors and members of the
 A man without ethics is
that best suits the business conduct with community.
its objectives.
a wild beast loosed upon this
• The board of directors must maintain world.
Investors in order to identify companies a commitment to ensure
that adopt stringent corporate accountability, fairness, diversity and
governance norms can definitely look at
the following aspects of any listed
transparency within corporate
governance by possessing adequate
Adi Godrej
Chairman, Godrej Group
company: performance measurement, skills necessary to review
disclosure practices, executive management practices.
 Corporate governance
Stocks Impacted Due To Governance Issue should be done more
Stocks Alleged Governance Issues and Accusations
Videocon Group Manipulated bank officials to receive loans.
through principles than
IL&FS
Defaulted repayments and procedural lapses supported by relaxed attitude of top rules.
management.
Vakrangee Limited Mismanagement in cash flows and manipulated price and volume of its own stock.
Manpasand Beverages GST evasion worth `40 crore and fraudulent books of accounts. Mervyn King
DHFL
Diverting funds of `31,000 crore from the company and subsequently defaulting on Chairman, King Report
interest payments.

Jet Airways
Founder chairman’s egoistic and selfish approach towards conducting the business of the
company.  Good corporate
YES Bank Many transactions were not in the interest of the bank’s profitability.
PC Jeweller Hidden business relations with Vakrangee. governance is about
Punjab National Bank Bank officials issued fraudulent letters of undertaking. intellectual honesty and not
Infibeam Avenues Loaned unsecured, interest-free loans to its stressed subsidiaries.
just sticking to rules and
Fortis Healthcare Regulatory lapses in transfer of funds to some promoter-linked firms.
InterGlobe Aviation Battle between two co-promoters on misuse of power in related-party transaction. regulations. Capital flowed
Sun Pharmaceuticals Whistleblower points out related-party transaction with Aditya Medisales. towards companies that
CG Power and IS
Accounting scandal by understating the liabilities of the company and fraudulent
related-party transaction to promoter company.
practiced this type of good
ICICI Bank
Disbursement of loan to Videocon Group by former MD and CEO Chanda Kochhar for governance. 
personal benefits.

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 29

Special Report
• Organisations must define a code of
conduct for board members and
executives, appointing new
individuals only if they meet that
standard.
• All corporate governance policies
and procedures must be transparent
and disclosed to relevant
stakeholders.
The Importance of
Awareness
Investors can use this reference list of
corporate governance principles to
scrutinise companies on governance,
wherever possible. Even if it is not easy
to do so, being aware of these principles
will surely go a long way in
distinguishing quality companies from
poor quality companies in terms of
governance. As shareholders are the
owners of the company, they must keep
a check on the decisions and business
operations of the company.
The easiest way for an investor to look
out for trouble in a company is by
closely following any presence of related
party transactions, siphoning of funds,
loans to subsidiaries and lack of
transparency in disclosure documents
by the promoters.
Mismanagement in cash flows exposes
promoters to high risk in the stock
market. This is the most common
indicator of issues in corporate
governance. Usually as the cash flows in
a company go astray, promoters and top
management officials are likely to resort
to tricks like pledging of shares to raise
funds, messing with the accounts to
please bankers and big investors,
diluting stake to raise funds, trying to
divert in unrelated businesses,
building relationships with market
operators so as to manipulate their own
stock, etc.
30 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
Expert Quote
Investors must look out for such
irregularities progressing in a
company. Executives tend to enjoy
Dr. Richard W. Leblanc
Professor at University of York
lavish compensations and hence a
company must have effective claw-back
provisions to safeguard the interest of  Corporate governance is
investors.
the control of management in
Conclusion the best interests of the
Any well-run company is assumed company, including
to be adopting high corporate accountability to shareholders
governance standards. Investors do not
have an inclination to focus on the who elect directors and
corporate governance standards and auditors and vote on say on
principles adopted by various listed
entities. As a result, it comes as a shocker pay. How a company is
for most investors including the experts governed influences rights
when a corporate governance issue
threatens to destroy the business and relationships among
completely. organisational stakeholders,
Corporate governance ideally should and ultimately how an
guarantee exceptional transparency organisation is managed, and
between the company management and
its shareholders. Those companies that whether it succeeds or fails.
adopt transparency will always trade at a Companies do not fail; boards
premium and those susceptible for issues
related to corporate governance will do. 
struggle to get a premium in any market
conditions, in fact may trade at a hefty
discount to its peers.
Corporate governance should be viewed
as a central foundation of responsible
and value-oriented management, Jeffrey Sonnenfeld
efficient collaboration between the board Professor at Yale University
of management and the supervisory
board of management, transparent
disclosures, and appropriate risk  The highest performing
management. Investors are well-advised companies have extremely
to not touch any companies that are
facing scrutiny on corporate governance contentious boards that
issues, not even when such stocks are regard dissent as an
available at 50 per cent cheaper rates
than your purchase price. obligation and that treat no
subject as non-
The temptation will always be there to
buy cheap these listed stocks; however, it discussable.
is strongly recommended to not do so.  DS
DSIJ.in
DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 31
 Trackpad
BHEL Commissions 5 Units Of Telangana Irrigation Project
B
harat Heavy Electricals Limited (BHEL) announced that the state-owned company has successfully commissioned five pumping
units of the 7x139 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package 8, in Telangana. Considerably, the pump for each unit
is designed to lift 89.14 cumecs (cubic metres per second) of water by 120.98 metres. Located in Karimnagar district of Telangana
, the greenfield lift irrigation project is being developed by the Irrigation & CAD (I&CAD) department of the Government of
Telangana, (formerly known as Pranhita Chevella). This project will help in irrigation and water supply in the nearby areas.

BHEL's scope in the project comprises complete Electrical & Mechanical (E&M) works including design, manufacture, supply and
supervision of erection and commissioning of 7 sets
of Vertical Pump-Motor sets along with associated
auxiliaries. The equipment has been supplied from
BHEL's manufacturing units at Bhopal, Rudrapur,
Bengaluru and Jhansi, while the supervision of
erection and commissioning at the site was carried
out by the company's power sector Southern Region
division, Chennai.

In Telangana, BHEL has so far commissioned 35

Pump-Motor sets of various ratings cumulatively
aggregating to 1,796 MW. In addition, BHEL is
presently executing another 30 Pump-Motor sets
totaling to 4,082 MW for various Lift Irrigation
Schemes in Telangana, viz. Kaleshwaram LIS
Package 6,8,10 & 11 and Palamuru Rangareddy LIS
Package 5 & 8.

In addition to Lift Irrigation projects, BHEL has

made significant contribution to the hydro sector of
Telangana and has commissioned 1,073 MW of
hydro power projects in the state so far.

Aurobindo Pharma To Pay Penalty For Insider Trading

M
arket watchdog Securities and Exchange Board of India (SEBI) has
imposed a total penalty of over `22 crore on Aurobindo Pharma, its
promoter PV Ramprasad Reddy, his wife P Suneela Rani and also
other related entities for violating insider trading norms. The regulator
investigated the trading in the scrip of Aurobindo Pharma during the period
from July 2008 to March 2009 to ascertain the regulatory violation.

The probe found that the promoter entities traded in the scrip of the company
based on unpublished price sensitive information (UPSI) pertaining to the
company's Licensing and Supply Agreements with Pfizer Inc and made unlawful
gains.

In the Q1FY20, the company registered a 28.1 per cent yoy growth in its
consolidated revenue to `5,444.6 crore while net profit grew by nearly 40 per
cent yoy to `635.8 crore.

Aurobindo Pharma is engaged in manufacturing pharmaceutical products. It offers active pharmaceutical ingredients, intermediates
and generic formulations like astemizole, domeperidone and omeprazole; anti-infective, oral and sterile antibiotics, pain management
and osteoporosis segments. As on June 2019, the company has 386 final ANDA approval while tentative approval and under review was
at 26 and 139 respectively.

32 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in


Trent To Acquire
Majority Stake In
Booker India
T
rent Limited has agreed to
acquire 51 per cent of the share
capital of Booker India Private
Limited (BIPL) for a consideration of
`22 crore approximately.
The target entity, Booker Satnam
Wholesale Private Limited (BSWPL) is
an arm of BIPL operations, which
involves 6 stores. BIPL holds 100 per
cent shareholding of BSWPL. The main
objective for the acquisition is to
expand Trent’s business through
additional stores. The time period for
completion of the acquisition is on or
before 31st October 2019.
Trent is one of the leading players in
branded retail industry in India. Trent
is established in 1998 and is a part of
Tata group. The company has 142 retail
stores in 80 major Indian cities under
the Westside brands. Trent also
operates the hypermarket star bazar in
eight Indian cities. Trent has a separate
joint venture with the Inditex group for
Zara stores. Trent has introduced a
range of creative kitchenware through
an exclusive tie-up with British
company Lakeland.
DSIJ.in
CRISIL Expects Companies To Save
`37,000 Crore In Tax
I
n order to revive the struggling economy, the government has been taking every
necessary steps and on 20th September 2019, the finance minister announced an
unexpected cut in corporate tax rate that was slashed to 22 per cent without
exemption and effective tax rate to 25.17 per cent. With this tax cut, the government
estimates revenue loss of `1.45 lakh crore which would further widen the fiscal deficit.
Post this tax cut announcement by the government, credit rating agency, Crisil Research
in its latest report has said that the move may help about 1,000 listed companies in the
country to save at least `37,000 crore in taxes during current financial year.
The agency further noted that segments linked to the consumer would benefit the most,
given higher effective tax rates of over 30 per cent, while export-linked sectors such as IT
and pharma will benefit the least, accounting for only 5-6 per cent of potential savings.
That’s because they already enjoy low effective tax rates. Besides, CRISIL added that this
tax cut would also help in gaining traction for Make in India.
Besides, the government has also decided not to levy enhanced surcharge introduced in
Budget 2019 on capital gains arising from the sale of equity shares in a company liable for
securities transaction tax (STT). Also, in term of GST, the government has slashed GST
rate on hotels. Earlier, the government has tried to revive stress sector like auto where it
announced higher depreciation for vehicle and also government is expected to come up
with new scrappage policy for vehicle.
RPP INFRA PROJECTS SECURES ORDER WORTH
`414 CRORE
R
PP Infra Projects, on Tuesday, informed the
bourses that the company along with its JV
partner, has secured a new order worth `414
crore for the construction of a two-Iane road from
Kaletwa to the India-Myanmar border in the Chin
state of Myanmar. The company said that this new
project marks the diversification of company into the
new geographical international location of Myanmar.
The company’s order book at the end of fiscal year
2018-19 stood at `1944 crore which translates into
book-to-bill of 3.34x giving strong revenue visibility
for next 2-3 years. The company further added that it
is on good track to meet its order inflow target of `1200 crore in FY20E.
In Q1FY20, the company reported net sales of `124.82, up by 24.4 per cent yoy, while, its
profit after tax plummeted nearly 76.7 per cent yoy to `1.50 crore.
RPP Infra Projects is one of the India's leading and fast growing Non Metro/Rural based
company located at Tamil Nadu and engaged in the business of infrastructure
development such as highways, roads, bridges, civil construction works, irrigation and
water supply projects and power plant.
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 33
 Our research-backed recommendations have been our greatest strength

Our Call Tracker

over the past so many years. In fact, helping investors book profits has
been the very essence of our existence. Here is a detailed guide on the
recommendations readers to get a quick insight on what to do next.

CHOICE
LOW PRICED
PRICESCRIP
SCRIP
RECOMMENDATIONS UPDATE FOR THE LAST ONE YEAR
Recom. Recom. Exit Exit Return
Company Name
Date Price Date Price (%)
Mar 15, 2018 Escorts Ltd. 854.20 May 29, 2018 940.45 10.10
Mar 28, 2018 Balkrishna Industries Ltd. 1079.80 Apr 16, 2018 1317.85 22.05
Apr 12, 2018 Va Tech Wabag Ltd. 508.20 Apr 12, 2019 306.45 -39.70
Apr 26, 2018 Blue Star Ltd. 785.40 Apr 26, 2019 659.10 -16.08
May 10, 2018 Natco Pharma Ltd. 797.75 May 10, 2019 535.30 -32.90
May 24, 2018 Tata Chemicals Ltd. 717.20 Feb 06, 2019 595.00 -17.04
Jun 07, 2018 Tata Steel Long Products Ltd. 1088.65 Jun 11, 2019 706.85 -35.07
Jun 21, 2018 Bajaj Auto Ltd. 2833.80 Dec 03, 2018 2733.15 -3.55
Jul 05, 2018 KEI Industries Ltd. 406.35 May 24, 2019 484.70 19.28
Jul 18, 2018 Ashoka Buildcon Ltd. 147.85 Open -24.65
Aug 02, 2018 Take Solutions Ltd. 204.05 Open -43.84
Aug 16, 2018 Trent Ltd. 363.00 Jun 25, 2019 435.00 19.83
Aug 30, 2018 Finolex Industries Ltd. 602.65 Aug 30, 2019 504.00 -16.37
Sep 12, 2018 Chambal Fertilisers & Chemicals Ltd. 158.65 Jun 07, 2019 189.55 19.48
Sep 27, 2018 ITD Cementation India Ltd. 125.00 Open -49.68
Oct 11, 2018 V Mart Retail Ltd. 2032.20 Oct 31, 2018 2400.60 18.13
Oct 25, 2018 Escorts Ltd. 572.65 Nov 02, 2018 685.90 19.78
Nov 05, 2018 Crisil Ltd. 1495.00 Jan 03, 2019 1645.00 10.03
Nov 22, 2018 Indian Hotels Company Ltd. 134.30 Dec 12, 2018 148.00 10.20
Dec 06, 2018 Tech Mahindra Ltd. 725.25 Feb 08, 2019 817.00 12.65
Dec 20, 2018 Bandhan Bank Ltd. 556.00 Open -7.41
Jan 03, 2019 Godrej Consumer Products Ltd. 807.65 Open -12.21
Jan 17, 2019 ITC Ltd. 296.00 Open -14.41
Jan 31, 2019 Biocon Ltd. 326.80 Open -30.72
Feb 14, 2019 Shoppers Stop Ltd. 500.20 Open -20.16
Feb 28, 2019 Titan Company Ltd. 1037.70 May 20, 2019 1223.95 17.95
Mar 14, 2019 CCL Products India Ltd. 299.45 Open -19.15
Mar 28, 2019 Indian Hotels Company Ltd. 150.95 Open 6.62
Apr 11, 2019 Indian Bank 271.65 Open -42.89
Apr 25, 2019 ICICI Bank Ltd. 401.05 Open 7.78
May 09, 2019 Larsen & Toubro Infotech Ltd. 1695.15 Open -10.96
May 23, 2019 SRF Ltd. 2927.70 Open -0.56
Jun 06, 2019 KNR Constructions Ltd. 287.25 Open -19.93
Jun 20, 2019 Manappuram Finance Ltd. 141.70 Open -7.13
Jul 04, 2019 Bharat Electronics Ltd. 113.05 Open -2.39
Jul 18, 2019 Marico Ltd. 368.15 Open 1.05
Aug 01, 2019 Jubilant Foodworks Ltd. 1201.25 Sep 23, 2019 1441.50 20.00
Aug 14, 2019 Atul Ltd. 3623.05 Open 8.29
Aug 29, 2019 Radico Khaitan Ltd. 305.05 Open 6.83
Sep 12, 2019 HCL Technologies Ltd. 1057.25 Open -3.13

34 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

Databank Updated Information
Updated as on Sept 20, 2019

Key To
Subscribers can access the complete databank consisting of
Databank Updated Information
more than 3500 companies on our website www.DSIJ.in
NoShold: Indicates the Number of Share Holders of the company. (In Thousands)
 Face Value: Actual cost of the stock assigned by the security issuer and shown in the certificate. 
 Year: First two digits shows Year while last two digits show month of calender, eg. 1103 shows Market Cap: Current market price multiply no.of equity shares. 
March’2011 results. Price: Current Market Price. 
 CEqt.: Current paid up capital of the company. 52 Week H/L: High/Low range is taken for the market prices during the 52 week H/L.

 B.V: Book Value Per Share: Equity capital plus reserves to the number of equity shares. Enterprise Value : Current Market Cap Plus Debt Minus Cash and Bank Balances. 
 Sales: Sales figures includes Excise duty. Trail.P/E Ratio: Current market price to Trailing 12 months EPS. 
 NP: Net Profit : Profit after tax but before investment allowance reserves. Ticker: BSE Scrip Code 
 EPS: Earnings Per Share: Ratio of net profit less preference dividend to the number of equity U: Unaudited. 
shares (Annualised). Companies with an (“) following their equity capital have increased their capital after the

 Div (Rs.): Indicates the dividend per share. last financial year.
 D/E Ratio : A measure of a company’s financial leverage calculated by dividing its total  Companies with an (*) Before the name of the Company, indicates new addition/
Debt by stockholders’ equity. updation/correction made during the fortnight.
 RONW (%): Net Profit Divided by Total NetWorth.  CB: Cum-Bonus XB: Ex-Bonus.
 Latest Quarter: Indicates the recent quarterly filing of the company with the stock  EX: Ex-Rights wherever the price is indicated a Ex-bonus or Ex-rights, the
exchange. corresponding figures for equity. Reserves, Book value and EPS are adjusted
 YearToDate : Latest Results (qtr,half or Nine) of the company. as per the bonus or the Rights ratio.
 Sales Growth % : Indicates the % growth of sales on year-on-year basis. Notes: (A) The Profit figure reflects the performance of the current year. We have
made the necessary adjustments for the prior year’s entries in P/L .A/c to reflect the
 NP Growth % : Indicates the % growth of Net profit (NP) on year-on-yearbasis. true performance of the current year. Thus our figures may not be comparable with those
 Promoter Holding: Indicates the % of equity holding with the promoters of the company. published elsewhere unless they represent the same thing. (B) Source of information is
 Promoters pledged shares % :Indicates the % of shares Pledged by promoters. Company press releases and Annual Reports.
Institutional Holding: Indicates the % of equity holdings in the company held by Financial
Institutions, Banks,Insurance companies,MF’s and FIIs. Data powered by: Dion Global Solutions Ltd.,
Bangalore. Tel:080 - 40467500. For more details visit www.dionglobal.com

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)

Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP

1 AGRO - OTHERS
IND. COMPOSITE 103 2236 114 64
*Mishtann Foods L 1 1903 50.0 1 482 11.8 0.2 0.00 0.5 17.1 1906 125.9 3.1 1906Q 125.9 -3 3.1 22 49.28 0 0.00 1.6 1565 31.30 72/7 1601 -
2 AIRLINES
IND. COMPOSITE 1098 60897 -928 371
InterGlobe Aviation 10 1903 384.7 179 28497 156.1 4.1 5.00 0.3 2.3 1906 9420.1 1200.5 1906Q 9420.1 45 1200.5 4220 74.88 0 20.75 53.7 66844 1737.75 1777/697 60437 50.3
Jet Airways 10 1803 113.6 -638 23287 -767.6 -67.6 - -0.7 - 1812 6148.0 -587.8 1812N 18319.6 6 -3208.2 -1295 24.98 21 29.38 150.6 392 34.50 357/27 4327 -
*Spicejet Ltd. 10 1903 599.7 -6 9113 -316.1 -5.3 - -2.8 - 1906 3002.1 261.7 1906Q 3002.1 34 261.7 788 60.00 39 13.00 141.7 7475 124.65 157/61 8372 -
3 ALUMINIUM
IND. COMPOSITE 1157 57248 2938 18
Hindalco Indus. 1 1903 224.6* 216 45749 1205.4 5.4 1.20 0.4 2.5 1906 10054.7 22.6 1906Q 10054.7 -5 22.6 -95 38.27 0 40.85 301.0 45401 202.15 260/171 63350 55.7
National Alumini 5 1903 932.8 56 11499 1732.4 9.3 5.75 0.0 16.5 1906 2084.1 97.8 1906Q 2084.1 -30 97.8 -86 51.99 0 29.97 204.3 8750 46.90 72/37 5320 7.7
5 AQUACULTURE
IND. COMPOSITE 58 4313 264 18
Avanti Feeds Lim 1 1903 13.6 78 2738 223.5 16.4 4.00 0.0 21.0 1906 907.2 80.1 1906Q 907.2 -1 80.1 1 43.76 0 16.18 92.2 4714 346.00XB 487/253 4573 21.0
KSE 10 1903 3.2 406 1209 9.4 29.5 15.00 0.3 7.3 1906 340.9 -12.6 1906Q 340.9 11 -12.6 -186 25.61 0 0.10 6.7 382 1194.30 2600/898 402 -
Waterbase Ltd. 10 1903 41.4 42 365 30.8 7.4 1.50 0.1 17.8 1906 119.5 11.4 1906Q 119.5 -23 11.4 -36 67.01 0 0.01 42.1 503 121.45 208/81 518 20.5
6 AUTO - 2 & 3 WHEELERS
IND. COMPOSITE 399 82792 8856 19
Atul Auto Ltd 5 1903 11.0 118 667 53.1 24.2 4.00 0.0 20.5 1906 147.7 11.3 1906Q 147.7 8 11.3 9 52.69 0 18.22 21.0 495 225.60 376/198 477 9.2
Bajaj Auto Ltd. 10 1903 289.4 753 30250 4675.2 161.6 60.00 0.0 21.5 1906 7755.8 1125.7 1906Q 7755.8 5 1125.7 1 53.52 0 23.17 107.8 84730 2928.10 3146/2400 83807 18.1
Hero MotoCorp 2 1903 39.9 644 33651 3384.9 169.5 87.00 0.0 26.3 1906 8030.3 1257.3 1906Q 8030.3 -9 1257.3 38 34.63 0 53.80 144.7 57252 2866.50 3383/2228 57115 15.3
Maha. Scooters 10 1903 11.4 9908 14 72.8 63.7 33.00 0.0 0.6 1906 1.4 1.7 1906Q 1.4 -55 1.7 -17 50.99 0 9.48 12.4 4732 4140.55 4775/2029 4726 65.3
TVS Motor Co. Ltd. 1 1903 47.5 70 18210 670.1 14.1 3.50 0.4 20.0 1906 4468.6 142.3 1906Q 4468.6 8 142.3 -3 57.39 0 32.08 137.1 20179 424.75 604/340 21513 30.3
7 AUTO - ANCILLARIES
IND. COMPOSITE 1299 98756 7453 25
Amara Raja Batt. 1 1903 17.1 195 6793 483.5 28.3 7.08 0.0 14.5 1906 1815.0 140.9 1906Q 1815.0 2 140.9 25 28.06 0 30.69 75.3 11415 668.25 808/573 11390 22.3
*Automotive Axles 10 1903 15.1 356 1939 121.6 80.4 19.50 0.1 22.6 1906 418.4 24.6 1906Q 418.4 -12 24.6 -15 71.03 0 10.93 19.5 1312 868.25 1540/731 1338 11.2
Banco Products 2 1903 14.3 93 736 122.9 17.2 8.00 0.0 18.5 1906 165.8 34.1 1906Q 165.8 -7 34.1 111 67.88 0 4.67 24.4 792 110.70 219/91 654 5.6
Bosch Ltd. 10 1903 29.5 3094 12258 1598.0 541.8 105.00 0.0 17.5 1906 2778.8 279.9 1906Q 2778.8 -13 279.9 -35 70.54 0 20.63 71.8 41424 14045.05 20716/12699 40171 28.6
Endurance Technologi 10 1903 140.7 148 5417 357.9 25.4 5.50 0.1 17.2 1906 1361.2 129.1 1906Q 1361.2 4 129.1 43 75.00 0 22.08 36.2 13927 990.10 1420/743 14112 35.1
Enkei Wheels (India) 5 1903 8.5 76 474 12.7 7.5 - 0.2 9.8 1906 115.1 -5.3 1906Q 115.1 -4 -5.3 -7344 73.64 0 0.96 4.4 607 355.35 419/325 607 83.0
*Exide Inds. 1 1903 85.0 70 10588 844.0 9.9 2.40 0.0 14.1 1906 2779.3 224.3 1906Q 2779.3 0 224.3 7 45.99 0 33.62 162.9 15428 181.50 277/166 15354 18.0
Federal-Mogul Goetze 10 1903 55.6 132 1319 82.5 14.8 - 0.1 11.3 1906 307.3 10.7 1906Q 307.3 -9 10.7 -58 74.98 0 14.21 16.1 3064 550.75 612/391 3121 45.2
FIEM Industries 10 1903 13.2 362 1444 55.5 42.2 12.00 0.3 11.6 1906 359.9 14.4 1906Q 359.9 -0 14.4 14 66.54 0 15.82 15.5 423 321.30 708/313 545 7.4
Gabriel India 1 1903 14.4 41 2076 95.0 6.6 1.50 0.0 16.1 1906 517.1 22.1 1906Q 517.1 0 22.1 -17 52.74 0 14.17 62.2 1691 117.70 159/85 1649 18.7
GNA Axles 10 1903 21.8 184 928 65.9 30.2 2.75 0.4 16.4 1906 258.2 18.2 1906Q 258.2 21 18.2 30 65.14 1 13.52 23.5 565 259.00 422/211 662 8.0
HBL Power Systems Lt 1 1903 27.7 28 1257 25.1 0.9 0.30 0.5 3.2 1906 259.5 6.0 1906Q 259.5 -15 6.0 25 56.70 0 23.64 45.5 500 18.05 34/13 825 -
India Nippon Ele 5 1903 11.3 177 525 59.5 26.3 7.00 0.0 14.8 1906 130.4 20.7 1906Q 130.4 11 20.7 68 66.38 0 3.38 12.2 783 346.15 519/290 776 11.5
IST Ltd. 10 1903 5.8 316 22 7.6 13.1 - 0.0 4.1 1906 3.6 1.9 1906Q 3.6 -47 1.9 86 74.99 0 0.00 7.0 379 650.00 800/475 375 44.5

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 35

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
*Jamna Auto Inds. 1 1903 39.8 13 2047 139.8 3.5 0.14 0.0 27.2 1906 415.5 20.8 1906Q 415.5 -24 20.8 -49 47.87 0 13.30 106.2 1542 38.70 83/30 1519 12.9
Jay Bharat Marut 5 1903 10.8 187 1994 52.2 24.1 2.50 0.7 12.9 1906 442.9 7.9 1906Q 442.9 -12 7.9 -42 59.39 0 0.12 16.3 374 172.55 422/133 635 8.0
JBM Auto 5 1903 20.4 63 994 48.9 12.0 2.25 1.5 18.9 1906 234.1 10.1 1906Q 234.1 9 10.1 -1 61.95 0 0.19 18.2 654 160.40 346/135 961 13.4
JTEKT India 1 1903 24.4 23 1773 68.6 2.8 0.80 0.2 12.0 1906 395.3 6.9 1906Q 395.3 27 6.9 -53 74.99 0 5.38 31.2 2198 89.90 133/64 2220 44.3
LG Balakrishnan&Bros 10 1903 31.4 203 1582 96.7 30.8 5.00 0.3 15.2 1906 339.6 14.4 1906Q 339.6 -7 14.4 -33 48.00 12 17.20 19.8 1016 323.55XB 491/210 1172 11.3
Lumax Auto Technolog 2 1903 13.6 40 652 45.5 6.7 3.00 0.0 16.7 1906 165.6 11.4 1906Q 165.6 -18 11.4 18 55.87 0 23.24 14.9 617 90.55 212/73 609 13.1
*Lumax Inds. 10 1903 9.3 398 1851 107.4 114.9 35.00 0.4 28.9 1906 402.0 13.9 1906Q 402.0 -19 13.9 -20 74.99 0 1.79 17.9 1131 1210.20 2085/912 1267 10.9
*Minda Corporation 2 1903 45.4 50 2371 160.6 7.1 0.70 0.3 14.2 1906 562.8 28.3 1906Q 562.8 115 28.3 67 68.08 0 15.18 32.4 2020 88.90 157/66 2040 17.3
Minda Industries 2 1903 52.4 42 2100 145.3 5.5 1.10 0.3 13.2 1906 515.5 22.6 1906Q 515.5 -0 22.6 -18 70.78 0 16.06 50.7 8839 337.10XB 392/256 9182 62.9
MothersonSumiSystems 1 1903 315.8 20 7581 813.8 2.6 1.33 0.2 12.6 1906 1842.9 172.1 1906Q 1842.9 -8 172.1 -8 61.72 5 27.41 277.0 35843 113.50XB 197/91 36838 44.9
Munjal Auto Industr. 2 1903 20.0 30 1147 33.3 3.3 1.00 0.1 11.0 1906 279.3 4.1 1906Q 279.3 -4 4.1 -51 74.80 0 0.15 29.5 373 37.25 70/29 373 12.9
Munjal Showa Ltd 2 1903 8.0 153 1669 62.6 15.7 4.50 0.0 10.3 1906 388.0 15.7 1906Q 388.0 -12 15.7 -9 65.01 0 0.51 18.7 515 128.80 215/115 495 8.4
Rane Brake Lining Lt 10 1903 7.9 265 514 36.5 46.2 15.50 0.0 17.4 1906 116.3 7.3 1906Q 116.3 -5 7.3 11 66.99 0 9.79 12.7 415 524.95 767/423 402 11.1
Rico Auto Inds. 1 1903 13.5 43 1196 48.8 3.6 0.80 0.3 8.4 1906 304.7 6.3 1906Q 304.7 -1 6.3 -54 50.20 0 9.81 63.6 596 44.05 81/35 773 14.4
Sandhar Technologies 10 1903 60.2 118 2037 95.3 15.8 2.50 0.2 13.4 1906 472.7 16.3 1906Q 472.7 -4 16.3 -26 70.23 0 17.68 25.0 1509 250.70 365/223 1621 16.8
Shanthi Gears 1 1903 7.7 39 243 33.4 4.3 6.00 0.0 11.1 1906 71.8 9.4 1906Q 71.8 16 9.4 11 70.47 0 8.19 14.3 694 90.45 140/84 674 20.2
Sharda Motor Ind 10 1903 5.9 737 1140 87.9 147.8 - 0.0 20.0 1906 253.7 16.2 1906Q 253.7 -15 16.2 -20 73.19 0 0.71 8.6 571 960.00 1881/891 497 6.8
Shriram Pistons 10 1903 22.4 459 1955 138.4 61.9 10.00 0.2 13.5 1906 434.6 17.5 1906Q 434.6 -5 17.5 -51 52.82 0 0.00 2.2 1722 769.65 1401/703 1722 14.3
*Steel Strips Wheels 10 1903 15.6 423 2041 82.4 52.8 4.00 1.3 12.5 1906 470.6 14.7 1906Q 470.6 -6 14.7 -32 60.08 56 1.00 15.9 1222 784.00 1161/724 1952 16.2
*Subros Ltd. 2 1903 13.0 104 2124 76.1 11.7 1.30 0.3 11.2 1906 572.2 41.8 1906Q 572.2 8 41.8 121 36.78 0 8.20 21.9 1508 231.20 374/164 1606 15.2
Sundaram Clayton 5 1903 10.1 340 1833 119.7 59.1 36.00 1.0 17.4 1906 374.1 4.9 1906Q 374.1 -20 4.9 -31 74.99 0 15.93 17.2 4102 2027.50 4074/1700 4778 34.9
Sundaram Fasten. 1 1903 21.0 91 4002 437.1 20.8 5.10 0.4 22.9 1906 945.4 93.1 1906Q 945.4 -3 93.1 -12 49.53 0 23.82 58.5 9521 453.10 634/400 10311 22.5
Suprajit Enginee 1 1903 14.0 50 1058 114.8 8.2 1.55 0.2 16.4 1906 247.6 25.0 1906Q 247.6 5 25.0 -4 44.50 0 17.10 45.1 2423 173.25 247/146 2555 21.3
Varroc Engineering 1 1903 13.5 84 2573 119.5 8.9 - 0.2 10.6 1906 626.0 18.8 1906Q 626.0 1 18.8 -27 84.99 0 12.18 49.8 6617 490.80 1015/380 6848 58.8
WABCO India 5 1903 9.5 938 2878 282.2 148.8 9.00 0.0 15.9 1906 637.8 54.8 1906Q 637.8 -15 54.8 -27 74.99 0 12.17 27.1 11582 6106.40 7110/5798 11033 44.2
*Wheels India Ltd. 10 1903 24.1 236 3181 75.7 31.4 8.00 0.7 13.3 1906 712.0 11.6 1906Q 712.0 -5 11.6 -35 74.99 0 9.03 8.8 1456 605.00XB 1130/566 1834 21.0
ZF Steering Gear 10 1903 9.1 406 439 -1.3 -1.4 - 0.1 - 1906 96.1 8.6 1906Q 96.1 -16 8.6 -51 67.38 31 0.00 11.7 378 416.25 1099/335 430 -
8 AUTO - CARS & JEEPS
IND. COMPOSITE 773 139634 12297 22
Mahi. & Mahi 5 1903 621.6 275 53614 4796.0 38.6 8.50 0.1 14.0 1906 12922.7 2313.8 1906Q 12922.7 -4 2313.8 90 18.89 3 55.69 370.3 70713 568.80 977/503 69461 12.0
Maruti Suzuki India 5 1903 151.0 1527 86020 7500.6 248.3 80.00 0.0 16.3 1906 19719.8 1435.5 1906Q 19719.8 -12 1435.5 -27 56.20 0 36.60 415.9 198927 6585.25 8320/5447 198898 28.6
9 AUTO - LCVS/HCVS
IND. COMPOSITE 926 113114 6225 18
Ashok Leyland 1 1903 293.6 28 29055 1983.2 6.8 3.10 0.0 23.8 1906 5683.9 230.2 1906Q 5683.9 -9 230.2 -38 51.12 9 29.66 890.7 20329 69.25 128/57 19353 11.8
Eicher Motors 10 1903 27.3 2611 9794 2054.4 752.8 125.00 0.0 28.8 1906 2352.6 498.2 1906Q 2352.6 -8 498.2 -16 49.31 0 37.83 115.9 48692 17843.15 28669/15197 45828 24.8
Force Motors 10 1903 13.2 1468 3652 147.2 111.7 10.00 0.1 7.6 1906 802.4 27.0 1906Q 802.4 -10 27.0 -34 61.85 0 7.62 64.4 1577 1196.55 2165/1001 1830 11.8
SML Isuzu Ltd. 10 1903 14.5 286 1409 19.6 13.5 3.00 0.5 4.7 1906 471.4 16.7 1906Q 471.4 4 16.7 -17 43.96 0 6.75 30.2 824 569.50 900/520 991 51.1
Tata Motors Ltd. 2 1903 577.5 76 69203 2020.6 7.0 - 0.8 9.2 1906 13351.9 -97.1 1906Q 13351.9 -21 -97.1 -108 38.37 5 35.33 1098.4 38517 133.40 258/106 54748 52.3
10 AUTO - TRACTORS
IND. COMPOSITE 1335 6831 548 18
Escorts Ltd. 10 1903 122.6 247 6196 484.9 39.6 2.50 0.1 16.0 1906 1423.0 87.5 1906Q 1423.0 -6 87.5 -28 40.24 0 25.92 129.2 6962 567.95 834/423 7001 15.4
*HMT Ltd. 10 1903 1204.1 8 20 17.2 0.1 - 1.9 1.8 1906 2.6 3.5 1906Q 2.6 -13 3.5 -67 93.68 0 0.00 18.2 1748 14.52 25/11 1827 -
VST Tillers Tr 10 1903 8.6 683 615 46.1 53.3 15.00 0.0 7.8 1906 139.7 11.6 1906Q 139.7 -4 11.6 -20 54.30 0 19.87 18.0 987 1142.75 2165/901 970 22.8
11 BEARINGS
IND. COMPOSITE 181 10375 1028 29
Menon Bearings L 1 1903 5.6 16 174 25.3 4.5 1.50 0.5 27.9 1906 40.6 4.7 1906Q 40.6 -11 4.7 -34 70.90 12 2.05 14.4 361 64.40 93/56 387 15.8
NRB Bearings Lim 2 1903 19.4 49 940 98.8 10.2 2.60 0.4 20.8 1906 207.9 8.7 1906Q 207.9 -11 8.7 -75 53.00 11 34.43 24.6 970 100.05 224/75 1104 12.7
Schaeffler India 10 1812 31.3 866 4562 419.8 134.3 30.00 0.0 15.5 1906 1116.7 82.5 1906H 2289.0 5 188.7 -15 74.12 0 17.72 15.6 12914 4130.95 5836/3841 12124 33.4
SKF India 10 1903 49.4 343 3035 335.8 67.9 12.00 0.1 19.8 1906 776.8 77.9 1906Q 776.8 3 77.9 -4 52.57 0 33.90 22.3 10579 2139.95 2188/1620 10066 31.8
Timken India Ltd 10 1903 75.2 178 1664 148.6 19.8 1.00 0.0 11.1 1906 437.8 50.5 1906Q 437.8 5 50.5 66 67.80 0 10.69 49.2 5600 744.45 773/496 5599 33.2
12 BEVERAGES
IND. COMPOSITE 561 24108 1908 50
G M Breweries Ltd. 10 1903 18.3 201 464 82.3 45.0 3.00 0.0 22.4 1906 118.6 16.3 1906Q 118.6 7 16.3 -27 74.43 0 1.91 20.5 685 374.60XB 778/335 684 8.9
Globus Spirits Ltd. 10 1903 28.8 142 984 30.6 10.6 - 0.6 7.5 1906 295.6 9.4 1906Q 295.6 28 9.4 25 55.08 0 1.61 15.3 376 130.70 214/93 596 11.6
IFB Agro Indus 10 1903 9.4 400 925 33.2 35.5 - 0.0 8.9 1906 217.4 3.4 1906Q 217.4 -23 3.4 -71 65.00 0 1.28 8.8 359 383.20 705/241 313 14.5
*Radico Khaitan Ltd. 2 1903 26.7 99 2097 188.1 14.1 1.20 0.2 14.3 1906 623.6 54.8 1906Q 623.6 21 54.8 16 40.34 5 27.66 62.7 4260 319.35 454/260 4566 21.8
Som Distilleries 10 1903 32.5 96 322 20.1 6.2 1.50 0.2 6.5 1906 138.2 12.9 1906Q 138.2 19 12.9 15 24.14 0 3.17 17.6 394 121.35 224/105 401 18.0
United Breweries Ltd 1 1903 26.4 120 6472 562.8 21.3 2.50 0.0 17.7 1906 2048.5 164.5 1906Q 2048.5 10 164.5 -26 57.72 18 20.25 35.8 33730 1275.70 1494/1083 33766 66.7
United Spirits 2 1903 145.3 43 8981 658.6 9.1 - 0.8 21.0 1906 2218.4 197.4 1906Q 2218.4 10 197.4 143 56.75 3 27.81 116.7 45371 624.40 680/439 47885 58.6
Varun Beverages Ltd. 10 1812 274.0* 94 3862 332.4 12.1 2.50 0.8 12.8 1906 2455.8 382.1 1906H 3441.3 31 437.6 36 73.55 0 20.83 32.2 16968 619.30XB 683/455 19121 37.9
13 CABLES - POWER/OTHE RS
IND. COMPOSITE 199 13554 752 17
KEI Industries 2 1903 15.8 99 4227 181.9 23.0 1.20 0.6 23.3 1906 1081.4 45.8 1906Q 1081.4 22 45.8 42 45.92 0 31.07 42.7 3965 502.35 532/248 4275 20.3
Polycab India 10 1903 148.6 192 7911 501.4 33.7 3.00 0.1 17.6 1906 1921.5 133.5 1906Q 1921.5 15 133.5 67 68.68 0 17.75 118.7 9551 642.55 678/525 9416 17.2
Universal Cables 10 1903 34.7 123 1417 69.0 19.9 2.00 1.0 16.2 1906 426.4 18.7 1906Q 426.4 35 18.7 7 61.88 0 2.63 12.8 601 173.35 349/128 946 8.6
14 CABLES - TELEPHONE
IND. COMPOSITE 123 10036 1048 12
Finolex Cables 2 1903 30.6 160 3078 344.1 22.5 4.50 0.0 14.1 1906 807.7 81.6 1906Q 807.7 2 81.6 -10 35.85 0 25.76 46.7 6030 394.30 562/351 5982 18.0
Sterlite Technologie 2 1903 80.6* 39 4863 535.2 13.3 3.50 0.9 33.7 1906 1344.8 137.6 1906Q 1344.8 63 137.6 32 53.81 0 12.90 190.8 6764 167.80 399/97 7996 11.9
*Vindhya Telelink 10 1903 11.9 616 2095 168.7 142.3 12.00 1.1 23.1 1906 418.9 33.1 1906Q 418.9 4 33.1 -1 43.54 0 11.05 10.0 1237 1043.80 2048/760 2002 7.3
15 CARBON BLACK
IND. COMPOSITE 44 3916 462 7
Oriental Carbon 10 1903 10.0 414 388 73.7 73.8 12.00 0.2 17.8 1906 93.2 22.7 1906Q 93.2 1 22.7 38 51.55 0 23.86 15.3 1051 1051.75 1225/901 1149 13.1
*Phillips Carbon 2 1903 34.5 96 3529 388.5 22.5 3.50 0.4 23.6 1906 911.5 64.7 1906Q 911.5 17 64.7 -34 53.56 0 12.11 99.0 2271 131.80 237/106 2921 6.4

36 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
16 CASTINGS AND FORGIN GS
IND. COMPOSITE 613 18918 1175 23
AIA Engineering 2 1903 18.9 337 2838 414.8 44.0 9.00 0.0 13.1 1906 602.2 83.4 1906Q 602.2 -12 83.4 -21 58.46 0 36.34 17.7 15557 1649.40 2026/1460 15657 39.6
Alicon Castalloy 5 1903 6.9* 224 1074 50.2 36.4 7.00 0.8 16.3 1906 238.1 4.9 1906Q 238.1 -13 4.9 -57 63.79 0 0.22 5.5 511 371.00 720/343 758 11.7
Bharat Forge 2 1903 93.1 116 6520 1071.3 23.0 3.75 0.6 19.8 1906 1346.6 174.1 1906Q 1346.6 -9 174.1 -26 45.76 0 32.37 146.3 19764 424.50 654/378 22435 19.6
Electrosteel Cas 1 1903 40.5 59 2391 -635.9 -15.7 - 0.4 - 1906 627.3 33.7 1906Q 627.3 28 33.7 106 50.62 93 11.95 49.7 643 15.86 23/12 1709 -
M M Forgings Ltd. 10 1903 24.1 181 904 81.4 33.7 5.00 0.9 18.6 1906 214.3 16.3 1906Q 214.3 7 16.3 -12 56.33 0 23.03 9.1 983 407.05XB 666/302 1160 12.4
Mahindra CIE Auto 10 1812 379.0 93 2529 35.5 0.9 - 0.0 1.0 1906 540.9 23.4 1906H 1183.5 -6 70.3 -15 67.68 0 17.38 63.3 6221 164.15 288/136 6324 -
Nelcast Ltd. 2 1903 17.4 45 856 38.4 4.4 1.00 0.3 9.7 1906 188.7 7.0 1906Q 188.7 -8 7.0 -39 74.72 0 0.08 21.2 391 44.90 89/33 433 11.5
Ramkrishna Forgings 10 1903 32.7* 267 1807 119.3 36.5 1.50 0.9 13.7 1906 379.2 13.5 1906Q 379.2 -8 13.5 -51 44.28 15 30.44 9.1 913 279.75 690/272 1701 8.7
17 CEMENT
IND. COMPOSITE 2715 120048 9162 37
ACC 10 1812 187.8 561 14801 1506.6 80.2 14.00 0.0 14.3 1906 4149.7 451.3 1906H 8068.8 8 789.7 38 54.52 0 30.80 97.6 30683 1633.95 1768/1322 27683 17.8
Ambuja Cements Ltd. 2 1812 397.1 106 11357 1487.0 7.5 1.50 0.0 7.1 1906 2978.3 412.1 1906H 5905.9 0 839.0 9 63.11 0 28.74 169.7 42751 215.30 244/189 39461 27.5
Anjani Portland 10 1903 25.3 96 437 23.2 9.2 2.50 0.0 9.6 1906 122.8 16.6 1906Q 122.8 20 16.6 175 74.99 0 0.12 7.1 384 152.00 192/92 379 11.4
Birla Corporation Lt 10 1903 77.0 549 4424 137.8 17.9 7.50 0.4 3.3 1906 1298.1 102.2 1906Q 1298.1 19 102.2 146 62.89 0 17.56 45.0 4577 594.35 731/440 6089 23.1
Century Textiles 10 1903 111.7 296 3941 681.1 61.0 7.50 0.1 20.6 1906 874.4 193.5 1906Q 874.4 -60 193.5 19 50.20 0 27.70 62.1 10638 952.40 1067/707 11056 14.9
Dalmia Bharat L 2 1903 38.6 393 164 101.0 5.2 - 0.0 1.3 1906 39.0 7.0 1906Q 39.0 11 7.0 -53 54.26 0 20.64 38.1 15533 805.00 1220/752 15520 167.0
Deccan Cements 5 1903 7.0 290 651 46.1 32.9 1.50 0.1 11.3 1906 182.0 23.3 1906Q 182.0 13 23.3 106 56.18 0 15.87 6.7 527 376.55 487/326 486 9.1
Heidelberg Cement In 10 1903 226.6 52 2133 220.7 9.7 4.00 0.3 18.8 1906 589.2 79.0 1906Q 589.2 29 79.0 55 0.00 0 58.49 54.1 4232 186.75 218/122 4286 17.0
India Cements Lt 10 1903 309.9 169 5628 69.4 2.2 0.80 0.6 1.3 1906 1468.8 72.2 1906Q 1468.8 8 72.2 243 28.20 27 38.31 158.0 2696 87.00 117/68 5670 22.4
JK Cement 10 1903 77.3 374 4981 324.9 42.0 10.00 0.7 11.2 1906 1328.0 153.8 1906Q 1328.0 19 153.8 212 58.06 0 35.06 66.0 8382 1084.85 1097/650 10013 19.5
JK Lakshmi Cement L 5 1903 58.8 129 3882 79.6 6.8 0.75 0.9 5.2 1906 1041.9 39.4 1906Q 1041.9 13 39.4 187 47.57 0 26.76 68.1 3562 302.75 396/250 4863 33.9
*KCP Ltd. 1 1903 12.9 38 1141 39.5 3.1 1.00 0.9 8.1 1906 256.2 24.5 1906Q 256.2 -8 24.5 126 44.12 0 6.43 22.1 956 74.15 103/62 1373 18.0
Mangalam Cement 10 1903 26.7 189 1195 -9.7 -3.6 0.50 0.5 - 1906 333.2 33.2 1906Q 333.2 31 33.2 317 18.68 0 10.55 17.4 664 248.80 288/174 922 -
NCL Industries 10 1903 45.2 110 980 46.8 10.3 2.50 0.5 9.4 1906 286.4 29.0 1906Q 286.4 20 29.0 368 40.32 3 19.57 34.2 530 117.20 162/98 733 7.6
Orient Cement Ltd. 1 1903 20.5 51 2522 47.6 2.3 0.75 1.2 4.5 1906 687.8 55.9 1906Q 687.8 7 55.9 249 37.36 12 35.03 29.3 1939 94.65 125/62 3141 22.2
Prism Johnson 10 1903 503.4 23 5956 146.0 2.9 0.50 1.0 12.8 1906 1507.7 65.6 1906Q 1507.7 1 65.6 -7 74.87 0 11.50 77.8 4112 81.70 105/62 5210 29.1
Rain Industries 2 1812 67.3 27 105 60.5 1.8 1.00 0.4 6.6 1906 7.1 2.8 1906H 18.7 -63 3.0 -89 41.09 0 15.05 141.0 3474 103.30 202/77 3799 97.0
*Sagar Cements 10 1903 21.9* 386 902 26.6 12.1 2.50 0.3 3.1 1906 254.4 24.5 1906Q 254.4 28 24.5 246 50.06 7 17.26 10.8 1155 526.30 749/517 1375 26.2
Shree Cement 10 1903 34.8 2755 11722 951.0 273.0 60.00 0.3 9.9 1906 3036.4 363.0 1906Q 3036.4 -1 363.0 30 64.78 0 19.06 31.1 67269 19309.45 22200/13125 69738 65.0
*Star Cement 1 1903 41.9 25 1695 255.9 6.1 - 0.1 24.3 1906 445.4 58.4 1906Q 445.4 1 58.4 -32 67.94 0 10.27 16.6 3937 93.90 138/85 3899 17.2
The Ramco Cements 1 1903 23.6 189 5146 505.9 21.5 3.00 0.3 11.3 1906 1383.9 192.0 1906Q 1383.9 13 192.0 54 42.74 2 34.89 27.0 17856 757.95 845/546 19178 31.2
Udaipur Cement Works 4 1903 124.6 5 579 -40.7 -1.3 - 3.1 - 1906 201.7 13.8 1906Q 201.7 57 13.8 226 74.95 0 0.46 29.3 405 12.99 18/11 876 -
UltraTech Cement 10 1903 274.7* 1018 35704 2455.7 89.4 11.50 0.6 8.8 1906 9794.8 1198.7 1906Q 9794.8 15 1198.7 100 61.68 0 27.26 250.4 117197 4267.15 4904/3264 134156 38.3
18 CEMENT - PRODUCTS/B UIL DING MA TERIALS
IND. COMPOSITE 308 7610 445 13
Everest Industries L 10 1903 15.6 290 1404 64.2 41.1 7.50 0.2 14.2 1906 431.5 25.1 1906Q 431.5 4 25.1 -14 48.09 0 5.52 22.5 529 338.10 551/283 593 8.8
HIL 10 1903 7.5* 865 1482 101.5 135.8 25.00 0.5 15.7 1906 455.7 33.1 1906Q 455.7 -8 33.1 -36 40.94 0 10.68 21.4 933 1247.80 2440/1100 1269 11.3
*Indian Hume Pipe 2 1903 9.7 107 1629 86.3 17.8 3.60 0.9 16.6 1906 463.2 20.9 1906Q 463.2 39 20.9 23 69.92 0 4.13 19.2 1337 275.95 370/220 1771 14.8
Ramco Industries 1 1903 8.7 85 898 73.2 8.4 0.50 0.2 9.9 1906 296.0 25.7 1906Q 296.0 -3 25.7 19 54.02 8 5.76 15.6 1586 183.05 241/160 1734 20.5
*Sanghi Industrie 10 1903 251.0 66 1061 52.6 2.1 - 0.5 3.2 1906 274.1 38.4 1906Q 274.1 -0 38.4 93 65.71 99 17.44 26.7 1250 49.80 79/46 1839 17.6
Visaka Indus. 10 1903 15.9 315 1136 67.4 42.4 7.00 0.5 13.5 1906 352.8 23.1 1906Q 352.8 2 23.1 -24 41.69 36 3.11 23.2 463 291.85 538/261 669 7.7
19 CERAMICS/TILES/SANI TARYWARE
IND. COMPOSITE 61 6770 415 30
Asian Granito India 10 1903 30.1 126 1005 7.3 2.4 0.60 0.4 1.9 1906 252.0 6.3 1906Q 252.0 21 6.3 141 34.10 0 9.89 21.9 711 236.40 273/130 845 64.5
Cera Sanitaryware L 5 1903 6.5 538 1344 115.1 88.5 13.00 0.0 16.4 1906 267.4 19.1 1906Q 267.4 -5 19.1 -7 54.74 0 19.96 21.8 3565 2741.00 3180/2151 3573 31.4
Kajaria Ceramics 1 1903 15.9 99 2726 245.9 15.5 3.00 0.0 15.7 1906 639.7 57.0 1906Q 639.7 4 57.0 13 47.57 0 36.24 65.8 9271 583.25 649/316 9033 36.7
*Somany Ceramics Ltd. 2 1903 8.5 140 1696 46.3 10.9 2.00 0.4 7.8 1906 387.1 8.7 1906Q 387.1 7 8.7 4 51.46 0 26.08 12.6 876 206.60 472/195 1094 18.8
20 CHEMICALS
IND. COMPOSITE 814 44672 5501 24
*Aarti Ind. Ltd 5 1903 43.6 294 4548 481.3 55.2 11.00 0.8 18.8 1906 1086.1 137.4 1906Q 1086.1 1 137.4 54 48.71 0 23.45 38.5 14137 1622.75CB 1899/1106 15410 27.3
Alkyl Amines Che 5 1903 10.2 178 846 83.7 41.1 8.00 0.4 23.0 1906 266.2 35.1 1906Q 266.2 49 35.1 99 74.19 0 0.87 8.8 1611 790.00 910/525 1721 15.9
Andhra Petro 10 1903 85.0 27 666 69.8 8.2 1.50 0.0 30.8 1906 144.3 13.9 1906Q 144.3 -13 13.9 -56 45.05 0 0.04 73.4 362 42.55 99/36 365 6.9
Balaji Amines Li 2 1903 6.5 177 950 118.1 36.4 2.80 0.2 20.5 1906 231.4 20.0 1906Q 231.4 -11 20.0 -41 53.45 0 1.84 16.1 906 279.50 541/210 980 8.7
BASF India Lt 10 1903 43.3 326 6026 81.7 18.9 5.00 0.6 5.8 1906 1613.8 8.2 1906Q 1613.8 -1 8.2 -66 73.33 0 11.06 39.5 4427 1022.75 1890/974 5291 67.6
Camlin Fine Sciences 1 1903 12.1 29 548 10.7 0.9 - 0.6 3.1 1906 143.6 1.6 1906Q 143.6 33 1.6 -69 22.55 21 20.19 35.3 735 60.60 66/37 938 -
Deepak Nitrite 2 1903 27.3 78 1792 138.0 10.1 2.00 0.3 13.0 1906 550.4 107.3 1906Q 550.4 31 107.3 393 44.85 0 27.03 41.1 3907 286.45 338/205 4167 17.5
Elantas Beck India L 10 1812 7.9 428 409 65.8 83.0 4.50 0.0 19.4 1906 107.0 12.8 1906H 205.5 3 24.8 -39 74.99 0 9.05 6.8 1844 2325.90 2455/1725 1834 36.9
Fairchem Speciality 10 1903 39.1 26 250 21.5 5.5 2.50 0.5 21.0 1906 71.2 5.1 1906Q 71.2 13 5.1 13 74.05 0 2.17 7.7 1922 492.00 574/320 1970 87.0
Fine Organic Indus 5 1903 15.3 166 1044 129.0 42.1 - 0.2 25.4 1906 243.5 37.4 1906Q 243.5 1 37.4 1 75.00 0 21.15 20.6 4696 1531.80 1648/995 4706 36.3
Foseco India Lim 10 1812 6.4 244 362 32.0 50.2 25.00 0.0 20.5 1906 86.3 9.3 1906H 170.5 -6 17.9 9 74.98 0 0.07 8.2 827 1295.00 1756/1142 734 24.6
Galaxy Surfacta. 10 1903 35.5 221 1996 168.4 47.5 8.00 0.2 21.5 1906 470.7 37.0 1906Q 470.7 -9 37.0 -9 70.92 0 13.66 45.7 4786 1349.95 1381/885 4899 29.0
GFL L 1 1903 11.0 429 2731 1277.3 116.3 3.50 0.2 27.1 1906 0.0 7.8 1906Q 0.0 40 7.8 -93 68.32 0 9.95 12.9 890 81.00 1141/49 1569 0.8
Grauer & Weil 1 1903 22.7 18 599 63.7 2.8 0.60 0.1 15.9 1906 130.9 15.4 1906Q 130.9 10 15.4 -22 68.98 0 0.00 25.6 1084 47.80 61/43 1001 18.2
*Himadri Speciality 1 1903 41.9 40 2377 307.3 7.3 0.15 0.3 18.3 1906 523.7 73.2 1906Q 523.7 -13 73.2 -4 48.92 0 4.44 85.6 3378 80.70 147/63 3762 11.1
I G Petrochemicals 10 1903 30.8 204 1304 116.5 37.8 4.00 0.1 18.5 1906 247.9 9.1 1906Q 247.9 -29 9.1 -77 68.90 0 6.22 31.4 562 182.40 487/130 570 6.6
India Glycols 10 1903 31.0 347 3356 148.2 47.9 6.00 0.7 13.8 1906 866.6 38.8 1906Q 866.6 13 38.8 -8 61.01 0 2.98 35.7 741 239.30 495/179 1375 5.1
Jayant Agro Org 5 1903 15.0 106 798 47.5 15.8 4.38 0.7 15.0 1906 239.0 8.8 1906Q 239.0 25 8.8 -14 65.39 0 0.25 11.5 480 159.95 318/113 663 10.4
*National Peroxid 10 1903 5.7 1070 402 153.0 266.3 65.00 0.1 24.9 1906 57.1 14.5 1906Q 57.1 -46 14.5 -66 70.76 3 0.03 16.4 1205 2097.55 5125/1272 1270 9.6
Navin Fluorine Inter 2 1903 9.9 214 955 148.5 30.0 1.26 0.0 14.0 1906 241.8 39.5 1906Q 241.8 -1 39.5 -0 31.03 5 34.28 78.3 3656 739.15 780/570 3634 24.6
Neogen Chemicals 10 1903 23.3 32 239 21.0 9.0 - 1.6 28.5 1906 64.4 5.5 1906Q 64.4 - 5.5 - 69.99 0 18.62 7.9 755 323.50 412/241 833 -
*Oriental Aromatics 5 1903 16.8 116 753 49.9 14.8 1.00 0.4 12.7 1906 211.7 18.6 1906Q 211.7 44 18.6 68 74.16 0 0.22 15.5 665 197.55XB 325/168 834 11.9
Panama Petrochem 2 1903 12.1 62 1078 38.0 6.3 0.67 0.1 10.2 1906 221.7 5.5 1906Q 221.7 -11 5.5 -21 50.49 0 0.83 11.3 452 74.80 142/64 456 12.4
Paushak Ltd. 10 1903 3.1 576 140 39.0 126.4 5.00 0.0 21.9 1906 35.9 10.0 1906Q 35.9 20 10.0 -30 66.70 0 0.00 8.2 721 2338.25 3319/1690 720 20.8
Pidilite Inds. 1 1903 50.8 82 6095 979.4 19.3 6.50 0.0 23.4 1906 1779.1 287.6 1906Q 1779.1 11 287.6 8 69.75 0 19.36 118.3 71412 1405.80 1421/898 71295 71.4

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 37

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
S H Kelkar & Company 10 1903 144.6 41 694 45.0 3.1 - 0.1 7.5 1906 176.9 7.1 1906Q 176.9 11 7.1 -27 56.90 7 24.19 26.2 1962 135.65 230/105 2043 46.4
*Seya Industries 10 1903 24.6 336 413 88.5 36.0 1.50 0.8 10.7 1906 98.2 23.4 1906Q 98.2 -7 23.4 27 74.53 15 8.23 10.5 1016 413.15 650/369 1660 10.6
Thirumalai Chem. 1 1903 10.2 57 994 96.1 9.4 2.00 0.1 16.5 1906 237.8 15.5 1906Q 237.8 21 15.5 -38 41.62 0 2.53 49.6 756 73.85 141/51 754 8.7
Transpek Indus. 10 1903 5.6 558 595 65.7 117.7 20.00 0.7 21.1 1906 112.6 3.4 1906Q 112.6 -4 3.4 -67 58.86 0 7.15 9.1 682 1221.25 1710/1077 861 11.6
*Valiant Organics 10 1903 12.1 212 606 133.2 109.7 12.00 0.2 51.8 - - - - - - - - 46.14 0 0.37 1.1 1824 1501.25 2000/985 1868 -
Vinati Organics 2 1903 10.3 205 1108 282.5 55.0 7.00 0.0 26.9 1906 290.7 82.4 1906Q 290.7 10 82.4 28 74.00 0 10.30 22.2 11525 2242.65 2397/1112 11525 38.3
21 CHEMICALS - CHLRO A LKALI
IND. COMPOSITE 454 11589 2126 10
GHCL 10 1903 98.2* 199 3371 361.0 36.8 5.00 0.6 18.5 1906 875.9 103.5 1906Q 875.9 16 103.5 68 18.86 1 32.61 58.5 2077 211.50 277/179 3150 5.2
Guj. Alkalie & C 10 1903 73.4 585 3161 689.6 93.9 8.00 0.0 16.1 1906 748.6 158.9 1906Q 748.6 -1 158.9 -13 46.27 0 9.85 54.7 3382 460.55 647/376 3299 5.1
Tata Chemicals 10 1903 254.8 463 4081 909.7 35.7 12.50 0.0 7.7 1906 1031.4 254.5 1906Q 1031.4 4 254.5 -1 30.62 0 48.37 175.1 15033 590.10 742/544 13946 16.6
The Andhra Sugars 10 U1903 27.1 389 975 165.7 61.1 10.00 0.3 15.7 1906 284.1 46.6 1906Q 284.1 15 46.6 9 81.69 0 4.22 15.0 823 303.65 423/260 1076 4.9
22 COMPRESSORS
IND. COMPOSITE 60 2626 221 29
Elgi Equipments 1 1903 15.8 42 1177 84.7 5.3 1.30 0.1 12.8 1906 277.7 13.9 1906Q 277.7 6 13.9 -36 31.90 0 29.36 18.6 4072 257.00 288/219 4062 52.9
Ingersoll Rand 10 1903 31.6 133 739 80.9 25.6 6.00 0.0 19.3 1906 191.2 19.1 1906Q 191.2 17 19.1 -8 0.00 0 9.74 29.5 1918 607.45 671/492 1800 24.2
Kirloskar Pneumatic 2 1903 12.8 77 710 55.3 8.6 2.50 0.0 11.2 1906 180.1 3.5 1906Q 180.1 34 3.5 70 53.75 0 25.37 24.0 1002 156.00 210/138 970 17.7
23 COMPUTER - HARDAWAR E
IND. COMPOSITE 94 17026 182 24
Control Print Ltd. 10 1903 16.3 124 175 30.0 18.4 6.50 0.0 14.8 1906 51.2 7.6 1906Q 51.2 17 7.6 -12 53.46 0 19.91 11.7 388 237.80 392/190 385 13.4
Redington (India) Lt 2 1903 77.8 41 16851 152.1 3.9 3.30 0.5 9.5 1906 4075.8 34.6 1906Q 4075.8 14 34.6 31 0.00 0 56.41 23.9 4472 114.95 116/64 5182 27.9
24 COMPUTER - SOFTWARE
IND. COMPOSITE 7157 345648 73381 22
63 Moons Technologie 2 1903 9.2 620 147 0.1 0.0 2.00 0.0 0.0 1906 32.6 -1.6 1906Q 32.6 -22 -1.6 -105 45.63 0 5.90 48.3 625 135.65 185/62 159 -
*Accelya Solutions In 10 1906 14.9 128 378 103.8 69.6 - 0.0 54.5 1906 94.4 24.7 - - 11 - - 74.65 0 5.76 21.1 1272 852.30 1059/699 1266 12.3
Allsec Technologies 10 1903 15.2 115 153 9.5 6.2 10.00 0.0 5.4 1906 43.1 5.2 1906Q 43.1 26 5.2 -2 66.35 0 4.93 5.3 461 302.75 325/151 448 49.1
Aptech Ltd. 10 1903 39.9 70 209 18.2 4.6 3.50 0.0 6.5 1906 33.7 0.0 1906Q 33.7 -3 0.0 - 49.42 0 9.09 62.3 582 145.80 210/112 540 95.5
Birlasoft 2 1903 55.3* 43 1002 167.6 6.1 2.00 0.0 14.1 1906 343.8 29.9 1906Q 343.8 -18 29.9 -49 41.11 69 37.50 61.9 2069 74.85 292/57 2010 15.0
CESC Ventures 10 1903 26.5 571 63 65.8 24.8 - 0.0 4.3 1906 15.4 2.1 1906Q 15.4 0 2.1 30 49.91 0 23.54 46.5 986 372.00 657/301 922 14.9
Cigniti Technologies 10 1903 27.7 86 262 59.7 21.6 - 0.0 25.0 1906 74.6 14.0 1906Q 74.6 18 14.0 26 36.31 0 0.24 4.5 811 293.10 460/221 770 13.0
*Cyient Ltd. 5 1903 55.6* 201 1615 440.7 39.6 15.00 0.0 19.7 1906 372.6 68.0 1906Q 372.6 -3 68.0 -14 22.73 0 65.75 40.5 5018 451.40 777/414 4305 11.7
Datamatics Global Se 5 1903 29.5 81 390 29.2 5.0 1.00 0.1 6.1 1906 101.1 8.7 1906Q 101.1 14 8.7 22 73.45 0 0.42 20.1 502 85.20 132/63 540 16.3
eClerx Services 10 1903 37.0 352 1140 209.6 56.7 1.00 0.0 16.1 1906 277.7 33.8 1906Q 277.7 -1 33.8 -35 50.75 0 39.00 40.1 1792 484.65 1231/443 1429 9.4
Firstsource Solution 10 1903 693.1* 33 768 199.0 2.9 2.00 0.0 8.8 1906 207.6 48.6 1906Q 207.6 3 48.6 3 53.96 0 19.95 165.9 3712 53.55 71/39 3702 18.5
HCL Technologies 2 1903 271.3* 224 26012 8185.0 60.3 8.00 0.0 26.9 1906 6765.0 1793.0 1906Q 6765.0 13 1793.0 -10 60.00 0 36.60 149.9 142381 1049.70 1190/920 136140 17.8
Hexaware Technologie 2 1812 59.7* 55 1794 453.0 15.2 8.50 0.0 27.6 1906 500.6 114.3 1906H 1012.0 23 232.9 13 62.52 0 28.64 78.7 11255 377.25 461/295 11107 23.5
*Hinduja Global Solut 10 1903 20.8* 755 2196 230.5 110.6 10.00 0.1 14.6 1906 561.8 35.7 1906Q 561.8 8 35.7 -32 67.30 0 11.22 12.5 1278 613.00 838/535 1395 6.0
Infibeam Avenues 1 1903 66.3 39 545 38.9 0.6 - 0.0 1.5 1906 169.1 10.0 1906Q 169.1 85 10.0 172 35.65 21 7.94 74.3 2670 40.25 242/28 2581 -
Infosys 5 1903 2129.2 147 73107 14702.0 34.5 21.50 0.0 23.5 1906 19131.0 3569.0 1906Q 19131.0 12 3569.0 2 13.15 0 56.32 896.8 342845 805.10XB 847/601 327294 23.2
Intellect Design 5 1903 66.1* 70 937 137.1 10.4 - 0.1 14.7 1906 175.3 -0.5 1906Q 175.3 -10 -0.5 -101 31.46 0 24.91 50.2 2710 205.05 292/151 2784 34.7
Jump Networks 5 1903 50.0 13 67 0.4 0.0 0.01 0.0 0.3 1906 8.2 0.0 1906Q 8.2 -64 0.0 -94 1.83 0 0.45 3.2 586 58.60 62/21 586 -
KPIT Technologies 10 1903 274.1 34 230 74.4 2.7 - 0.1 8.0 1906 208.3 31.4 1906Q 208.3 - 31.4 261667 41.59 12 34.30 55.9 2478 90.40 118/69 2536 23.4
L&T Infotech 1 1903 17.4* 271 8907 1475.1 84.9 28.00 0.0 31.3 1906 2318.5 381.8 1906Q 2318.5 14 381.8 10 74.79 0 14.89 129.0 26521 1526.50 1956/1437 26306 17.6
*Majesco L 5 1903 14.2* 182 10 12.2 4.3 1.50 0.0 2.4 1906 2.5 14.7 1906Q 2.5 -51 14.7 316 38.66 4 22.25 22.6 1197 420.70 588/400 1152 51.3
Mastek Li 5 1903 12.0* 102 189 30.5 12.7 8.50 0.0 12.5 1906 44.2 3.1 1906Q 44.2 -7 3.1 -65 45.67 0 17.76 22.9 851 354.50 578/303 840 34.2
MindTree Ltd. 10 1903 164.6* 201 7022 754.0 45.8 33.00 0.0 22.8 1906 1834.2 92.7 1906Q 1834.2 15 92.7 -42 13.30 0 44.53 74.5 11734 713.00 1128/653 11480 16.8
MphasiS Ltd. 10 1903 186.4* 175 3434 769.4 41.3 27.00 0.1 23.6 1906 960.3 205.8 1906Q 960.3 16 205.8 21 52.23 0 37.91 59.1 18090 970.75 1227/855 18182 22.5
Newgen Software Tech 10 1903 69.6 70 552 95.8 13.8 3.00 0.2 19.8 1906 113.6 1.7 1906Q 113.6 25 1.7 -25 66.00 0 19.12 22.7 1807 259.75 371/205 1731 19.0
NIIT Ltd. 2 1903 33.6* 49 369 16.4 1.0 5.00 0.2 2.0 1906 94.5 1164.5 1906Q 94.5 21 1164.5 35185 31.53 0 32.06 63.4 1602 95.40 117/61 1729 1.4
NIIT Technologies 10 1903 62.4* 270 1999 299.0 47.9 - 0.0 17.7 1906 538.2 111.6 1906Q 538.2 21 111.6 -18 33.91 0 52.61 37.2 8765 1404.20 1541/1031 8635 31.9
Nucleus Software 10 1903 29.0 162 397 75.6 26.0 9.00 0.0 16.1 1906 102.3 22.8 1906Q 102.3 11 22.8 -18 67.58 0 9.57 16.4 943 324.70 428/286 891 13.3
Oracle Financial Ser 5 1903 42.9* 452 3698 1282.5 149.4 - 0.0 33.0 1906 934.6 346.9 1906Q 934.6 -5 346.9 -7 73.48 0 19.35 25.9 27134 3161.20 4186/2833 25427 21.6
Persistent Systems 10 1903 77.0 288 1960 315.0 40.9 11.00 0.0 14.2 1906 495.4 83.4 1906Q 495.4 7 83.4 -10 31.66 0 41.82 53.9 4646 603.60 840/472 4125 15.2
Quick Heal Technolog 10 1903 64.2* 123 313 84.0 13.1 2.00 0.0 10.6 1906 57.1 12.1 1906Q 57.1 8 12.1 88 72.83 0 2.61 54.9 850 132.35 263/101 720 9.5
R Systems Internat. 1 1812 12.0 22 317 31.0 2.6 0.60 0.0 11.5 1906 99.7 11.4 1906H 192.8 34 23.2 171 51.28 0 0.02 12.7 490 40.70 56/31 444 10.6
Ramco Systems Lt 10 1903 30.6 264 316 51.9 17.0 - 0.0 6.4 1906 83.0 15.2 1906Q 83.0 12 15.2 9 54.71 0 20.97 13.9 540 176.55 345/161 574 10.2
Sasken Technologies 10 1903 17.1 410 415 94.0 55.0 12.50 0.0 13.4 1906 110.6 21.0 1906Q 110.6 2 21.0 -31 42.40 0 18.72 25.8 999 584.00 997/473 995 11.8
Sonata Software 1 1903 10.5 51 829 172.4 16.4 12.75 0.0 32.3 1906 208.8 37.2 1906Q 208.8 8 37.2 -13 28.17 0 23.83 40.1 3321 315.85 422/266 3235 19.9
Take Solutions Ltd. 1 1903 14.8 51 22 17.4 1.2 1.00 0.0 2.3 1906 0.5 1.6 1906Q 0.5 21 1.6 -93 66.88 0 13.37 26.0 1683 113.75 186/94 1658 -
Tanla Solutions 1 1903 14.1* 50 809 17.1 1.2 0.35 0.0 2.4 1906 271.9 -84.5 1906Q 271.9 74 -84.5 -2648 33.22 0 16.38 53.9 772 54.75 76/28 636 -
Tata Consultancy 1 1903 375.2 210 123170 30065.0 80.1 30.00 0.0 38.1 1906 32657.0 8714.0 1906Q 32657.0 11 8714.0 22 72.04 3 23.74 712.2 775093 2065.60XB 2296/1784 766226 24.5
Tata Elxsi Ltd. 10 1903 62.3 151 1597 290.0 46.6 8.00 0.0 30.8 1906 361.7 48.8 1906Q 361.7 -5 48.8 -31 44.52 0 14.05 128.2 4013 644.45 1349/593 3498 15.0
Tech Mahindra Ltd. 5 1903 492.6* 210 27220 4380.4 44.5 14.00 0.0 21.2 1906 6858.7 822.7 1906Q 6858.7 9 822.7 -10 35.90 0 50.79 471.3 69070 701.00 846/608 67865 16.1
Vakrangee 1 1903 105.9 24 1450 20.2 0.2 0.25 0.0 0.8 1906 110.6 6.4 1906Q 110.6 -89 6.4 -50 41.71 0 20.21 155.6 3199 30.20 71/22 2064 -
Wipro Ltd 2 1903 1142.5 86 48124 7614.0 13.3 2.00 0.1 15.4 1906 12061.3 2014.1 1906Q 12061.3 4 2014.1 5 74.04 0 15.35 522.4 140379 245.75XB 302/221 135063 18.2
Xchanging Solutions 10 1903 111.4 18 52 16.5 1.5 - 0.0 8.1 1906 10.9 7.1 1906Q 10.9 -20 7.1 100 75.00 0 5.11 14.9 605 54.35 64/34 600 30.3
Zen Technologies Ltd 1 1903 7.7 18 92 19.2 2.5 0.30 0.0 13.6 1906 48.8 16.9 1906Q 48.8 823 16.9 509 59.48 33 0.15 11.5 507 65.70 94/49 467 12.3
Zensar Technologies 2 1903 45.0* 65 1370 258.0 11.5 2.80 0.0 17.5 1906 337.1 47.6 1906Q 337.1 -2 47.6 -20 48.88 0 42.23 26.2 4832 214.55 333/196 4705 19.6
25 CONSTRUCTIONS
IND. COMPOSITE 7134 195404 12191 25
*Ahluwalia Contra 2 1903 13.4 110 1752 117.3 17.5 0.30 0.1 15.9 1906 316.8 17.8 1906Q 316.8 -22 17.8 -37 57.95 41 37.96 6.1 2084 311.05 385/244 1935 19.5
Ajmera Realty & Infr 10 1903 35.5 161 354 66.2 18.6 3.30 0.6 11.6 1906 92.9 8.3 1906Q 92.9 186 8.3 -21 74.99 5 0.27 32.7 477 134.50 212/98 775 7.5
*Anant Raj Ltd. 2 1903 59.0 143 457 46.4 1.6 0.24 0.5 1.1 1906 86.3 3.8 1906Q 86.3 0 3.8 23 63.49 0 8.23 50.8 1014 34.35 48/23 2966 21.5
Ashiana Housing Ltd. 2 1903 20.5 77 291 17.7 1.7 0.25 0.2 2.3 1906 53.3 -4.8 1906Q 53.3 -59 -4.8 -129 61.03 0 8.86 24.5 1146 112.00 148/104 1254 -
Ashoka Buildcon Ltd. 5 1903 140.4 79 3821 286.2 10.2 - 0.3 12.9 1906 876.8 64.7 1906Q 876.8 28 64.7 1 54.25 0 35.35 28.0 3078 109.65XB 155/90 3754 10.7
Bharat Road Network 10 1903 84.0 140 11 14.3 1.7 0.50 0.1 1.2 1906 1.0 6.2 1906Q 1.0 -41 6.2 -14 53.75 22 1.34 12.7 577 68.70 165/61 703 43.5

38 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Brigade Enterprises 10 1903 204.3* 113 1806 234.2 11.5 2.00 0.7 10.2 1906 507.3 64.0 1906Q 507.3 -4 64.0 -4 46.83 0 29.04 51.6 3961 193.90XB 206/105 5490 17.1
*Capacit'e Infraproje 10 1903 67.9 124 1788 95.6 14.1 1.00 0.3 11.3 1906 411.2 23.8 1906Q 411.2 3 23.8 5 43.78 0 14.76 50.3 1448 213.35 295/156 1491 15.0
Dilip Buildcon Ltd. 10 1903 136.8 234 9118 764.9 55.9 1.00 1.0 23.9 1906 2288.0 125.2 1906Q 2288.0 -6 125.2 -51 75.63 28 14.61 61.7 5971 436.60 770/312 8984 9.4
DLF Ltd. 2 1903 495.1* 93 3295 687.6 2.8 2.00 0.3 3.0 1906 504.7 782.6 1906Q 504.7 42 782.6 3651 74.94 0 19.12 313.4 41647 168.25 209/137 44237 27.9
Eldeco Housing & 10 1903 2.0 834 108 28.5 144.7 17.50 0.0 17.4 1906 34.7 6.3 1906Q 34.7 62 6.3 12 54.82 0 0.00 1.8 365 1855.85 2300/925 333 12.5
*Gayatri Projects 2 1903 37.4 71 3463 210.8 11.3 - 1.2 15.9 1906 984.1 54.8 1906Q 984.1 20 54.8 9 44.95 98 40.58 9.5 2040 109.00 203/102 3376 9.5
Godrej Properties Lt 5 1903 126.0 106 1434 209.3 8.3 - 1.3 7.9 1906 610.1 130.0 1906Q 610.1 595 130.0 1315 64.45 0 23.09 42.0 24204 960.40 1118/462 27438 69.1
HG Infra Engineering 10 1903 65.2 101 2010 123.6 19.0 - 0.4 18.7 1906 526.1 34.4 1906Q 526.1 17 34.4 27 73.74 0 18.11 14.4 1241 190.35 307/170 1382 9.5
*Hind.ConstructionCo. 1 1903 151.3 9 4341 -1961.8 -13.0 - 2.3 - 1906 831.1 -15.1 1906Q 831.1 -11 -15.1 24 35.05 92 35.42 237.1 1360 8.99 17/6 4058 -
*Indiabulls Integrate 2 1903 17.9 178 0 21.9 2.4 - 0.0 1.4 1906 0.0 -0.3 1906Q 0.0 -86 -0.3 -114 43.25 0 23.37 50.6 1059 118.50 693/77 1058 54.6
*Indiabulls Real Esta 2 1903 90.9 144 117 106.0 2.3 - 0.5 1.6 1906 17.8 -56.1 1906Q 17.8 270 -56.1 -100 23.35 0 24.78 107.8 2705 59.50 151/56 5789 34.7
*IRB Infrastructure 10 1903 351.4 75 3385 328.8 9.4 2.50 1.5 12.5 1906 879.2 55.3 1906Q 879.2 -6 55.3 -22 57.53 0 32.60 96.1 3093 88.00 169/68 6006 9.9
*ITD Cementation Indi 1 1903 17.2 59 2283 81.9 3.8 0.40 0.2 8.0 1906 538.0 16.7 1906Q 538.0 19 16.7 -42 46.63 0 32.82 35.0 1063 61.85 143/61 1200 24.7
*J Kumar Infraproject 5 1903 37.8 220 2787 177.1 23.4 2.25 0.4 10.6 1906 667.7 40.9 1906Q 667.7 8 40.9 2 44.12 24 23.02 22.8 995 131.55 248/104 1127 5.6
JaiprakashAssociates 2 1903 486.5 36 6833 -773.9 -3.2 - 0.5 - 1906 1199.9 -158.8 1906Q 1199.9 -29 -158.8 44 38.91 20 12.59 581.0 486 2.00 10/2 5537 -
JMC Projects 2 1903 33.6 55 3253 142.1 8.5 0.70 0.7 15.4 1906 903.9 35.5 1906Q 903.9 31 35.5 34 67.18 0 17.59 10.0 2031 120.95 150/67 2612 13.4
*KNR Constructions 2 1903 28.1 101 2137 263.3 18.7 0.40 0.2 18.6 1906 464.6 47.7 1906Q 464.6 -16 47.7 -36 55.17 0 33.32 28.4 3246 230.85 303/163 3471 13.7
Kolte-Patil Develope 10 1903 75.8 104 462 79.4 10.5 2.40 0.3 10.1 1906 379.9 76.1 1906Q 379.9 372 76.1 345 74.63 0 14.34 36.9 1929 254.50 284/196 2149 13.9
L&T 2 1903 280.7* 373 86988 6677.7 47.6 14.00 0.2 12.7 1906 16498.9 1392.0 1906Q 16498.9 9 1392.0 53 0.00 0 47.52 981.8 198260 1412.85 1607/1183 201006 27.7
Mahindra Lifespace D 10 1903 51.4* 341 486 58.6 11.4 6.00 0.1 3.3 1906 83.6 9.7 1906Q 83.6 -37 9.7 -36 51.48 0 21.21 57.4 1987 386.95 473/352 1890 37.5
Man Infraconstructio 2 1903 49.5 33 166 108.5 4.4 1.26 0.0 13.5 1906 25.9 17.1 1906Q 25.9 -55 17.1 -45 64.25 0 1.89 30.0 542 21.90 45/19 470 5.7
MarathonNextgenRea 5 1903 23.0 130 81 34.2 7.4 0.50 0.2 5.7 1906 14.8 12.0 1906Q 14.8 26 12.0 97 74.96 0 0.00 5.6 357 77.55 160/57 463 8.9
*NBCC (India) 1 1903 180.0 9 7245 384.1 2.1 0.65 0.0 24.5 1906 1256.6 25.3 1906Q 1256.6 -23 25.3 -63 68.18 0 16.84 282.2 6750 37.50 69/29 5169 19.8
NCC 2 1903 120.1 79 12080 563.9 9.4 1.50 0.4 11.9 1906 2187.7 81.3 1906Q 2187.7 -7 81.3 -22 18.11 41 49.29 133.4 3637 60.55 119/48 5074 6.7
Oberoi Realty 10 1903 363.6 166 1029 453.7 12.5 2.00 0.1 7.5 1906 200.1 71.1 1906Q 200.1 -58 71.1 -71 67.70 0 29.93 25.3 19295 530.65 642/352 19688 69.2
*Omaxe Ltd. 10 1903 182.9 75 768 23.1 1.3 0.70 0.6 1.7 1906 231.2 5.8 1906Q 231.2 169 5.8 107 74.43 57 15.05 48.5 3523 192.60 222/185 4084 134.8
Patel Engg. Ltd. 1 1903 39.4* 64 2070 82.9 2.1 - 1.1 3.3 1906 598.3 58.5 1906Q 598.3 8 58.5 62 19.44 95 50.77 57.3 435 11.04XR 24/9 2694 4.1
Phoenix Mills 2 1903 30.7* 179 440 173.1 11.3 3.00 0.2 6.3 1906 113.3 35.6 1906Q 113.3 4 35.6 3 62.74 0 33.01 15.5 11017 718.45 747/492 11692 63.3
*PNC Infratech 2 1903 51.3 82 3097 324.9 12.7 0.50 0.1 15.4 1906 1321.8 100.1 1906Q 1321.8 80 100.1 -2 56.06 0 28.41 21.9 4733 184.50 219/123 4707 14.7
*Prestige Estates Pro 10 1903 375.0 113 2441 289.2 7.7 1.50 1.1 6.8 1906 772.3 80.1 1906Q 772.3 147 80.1 123 70.00 0 28.91 16.0 11276 300.70 317/164 15670 33.8
PSP Projects 10 1903 36.0 103 1044 90.2 25.1 5.00 0.1 24.3 1906 307.3 25.5 1906Q 307.3 31 25.5 21 73.28 0 8.04 12.7 1846 512.85 617/359 1650 19.5
*Puravankara 5 1903 118.6 69 1472 91.8 3.9 1.00 0.5 5.6 1906 261.6 2.5 1906Q 261.6 -3 2.5 -89 74.99 0 17.96 30.3 1712 72.20 87/51 2457 23.6
Rail Vikas Nigam 10 1903 2085.0 18 10060 606.6 2.9 0.09 0.8 16.2 1906 2845.6 150.0 1906Q 2845.6 54 150.0 37 87.84 0 4.81 119.7 5067 24.30 30/19 7148 -
Ramky Infrastructure 10 1903 69.2 65 1477 41.3 6.0 - 2.4 9.2 1906 516.8 3.1 1906Q 516.8 108 3.1 -83 69.82 30 1.27 21.2 458 66.20 196/57 1254 17.7
*Sadbhav Engineering 1 1903 17.2 119 3549 186.9 10.9 1.00 0.7 9.2 1906 837.6 39.5 1906Q 837.6 -8 39.5 -38 46.54 36 38.86 21.0 2424 141.30 274/105 3734 14.9
Sobha 10 1903 94.8 219 3399 286.5 30.2 7.00 1.1 13.8 1906 1184.6 91.1 1906Q 1184.6 118 91.1 111 51.75 20 42.53 52.9 4788 504.85 588/381 6990 14.3
*Sunteck Realty Ltd. 1 1903 14.6 121 238 184.5 12.6 0.75 0.2 10.4 1906 63.1 23.3 1906Q 63.1 -9 23.3 -62 67.15 0 29.55 7.8 6338 433.10 532/296 6574 43.5
Texmaco Infrastructu 1 1903 12.7 29 13 7.0 0.5 0.20 0.1 1.9 1906 2.4 0.7 1906Q 2.4 -32 0.7 -63 63.51 1 7.11 18.1 573 45.00 69/31 598 -
*Vipul Ltd. 1 1903 12.0 34 216 1.4 0.1 0.05 1.3 0.3 1906 44.7 -1.9 1906Q 44.7 -13 -1.9 -1643 63.43 59 1.79 3.8 377 31.40 56/28 893 -
*Welspun Enterprises 10 1903 148.1 108 1739 153.7 10.4 2.00 0.1 9.6 1906 515.9 37.6 1906Q 515.9 49 37.6 39 47.42 0 8.57 50.9 1469 99.20 147/84 1521 8.9
26 CONSUMER DURABLES
IND. COMPOSITE 365 36605 1838 37
Amber Enterprises 10 1903 31.4 310 2188 92.5 29.4 - 0.2 9.5 1906 995.7 48.6 1906Q 995.7 65 48.6 68 44.01 0 17.13 39.9 2663 846.70 999/621 2777 23.7
Bajaj Electricals 2 1903 20.5 104 6673 167.1 16.3 3.50 1.5 15.6 1906 1297.8 17.4 1906Q 1297.8 14 17.4 -57 62.69 0 15.43 41.9 4101 400.30 588/339 5662 28.5
Blue Star 2 1903 19.3 100 4784 121.8 12.6 10.00 0.4 12.7 1906 1470.7 74.2 1906Q 1470.7 6 74.2 -13 38.75 0 30.43 48.7 7525 781.35 834/507 7862 68.3
Dixon Technologies 10 1903 11.3 318 2526 56.4 49.8 2.00 0.4 15.7 1906 935.4 20.4 1906Q 935.4 80 20.4 63 38.92 0 29.60 32.4 2974 2625.80 2790/1831 3081 46.3
Hawkins Cookers 10 1903 5.3 224 653 54.2 102.5 80.00 0.2 45.7 1906 142.1 13.7 1906Q 142.1 18 13.7 28 56.03 0 15.30 13.7 1631 3084.55 3249/2606 1624 28.5
IFB Industries 10 1903 40.5 153 2540 74.0 18.3 - 0.0 11.9 1906 674.7 10.3 1906Q 674.7 14 10.3 -27 74.96 0 10.52 19.5 2712 669.20 1195/559 2623 38.7
Johnson Controls-Hit 10 1903 27.2 225 2241 85.9 31.6 1.50 0.3 14.0 1906 951.9 63.6 1906Q 951.9 20 63.6 25 74.25 0 16.51 14.7 5146 1892.45 2151/1475 5306 52.1
KDDL Ltd. 10 1903 11.6 144 175 15.8 13.5 2.50 0.4 9.4 1906 48.0 2.9 1906Q 48.0 11 2.9 -25 45.11 7 29.05 5.0 385 331.00 536/296 432 26.0
Symphony 2 1903 14.0 96 524 101.0 14.4 4.50 0.0 15.1 1906 160.0 26.0 1906Q 160.0 103 26.0 420 74.99 0 15.47 21.8 9168 1310.45 1575/812 9127 75.1
Timex Group India 1 1903 10.1 2 242 7.5 0.7 - -1.7 33.2 1906 61.8 -0.1 1906Q 61.8 4 -0.1 -103 74.93 0 0.02 41.8 387 38.35 65/31 412 -
TTK Prestige L 10 1903 13.9* 724 1968 190.3 137.3 30.00 0.0 18.9 1906 433.6 36.5 1906Q 433.6 4 36.5 2 70.40 0 18.92 27.4 8539 6160.55XB 7739/4582 8477 44.7
Voltas Ltd. 1 1903 33.1 113 6693 464.5 14.0 4.00 0.0 12.4 1906 2536.8 147.1 1906Q 2536.8 28 147.1 15 30.29 0 48.86 113.3 22108 668.15 673/471 21985 45.7
Whirlpool of Ind 10 1903 126.9 169 5398 407.1 32.1 5.00 0.0 19.0 1906 1974.2 190.8 1906Q 1974.2 20 190.8 17 74.99 0 13.90 51.0 22909 1805.70 1854/1263 21848 52.8
28 COURIERS
IND. COMPOSITE 45 3682 112 54
Blue Dart Expres 10 1903 23.7 280 3165 87.6 36.9 12.50 0.2 13.2 1906 786.5 4.6 1906Q 786.5 7 4.6 -79 74.99 0 9.49 17.3 5456 2299.60 3650/2150 5336 77.8
Gati Ltd. 2 1903 21.7 71 516 24.3 2.2 0.80 0.1 3.2 1906 118.3 -1.7 1906Q 118.3 -3 -1.7 -127 14.37 63 7.04 105.0 568 52.30 95/36 654 35.0
29 CYCLES & ACCESSORIES
IND. COMPOSITE 19 5286 244 27
Tube Investments 1 1903 18.8* 75 5286 243.5 13.0 2.50 0.3 17.2 1906 1252.3 88.5 1906Q 1252.3 -8 88.5 64 47.53 0 32.50 22.1 6487 345.40 432/256 6870 23.3
30 DIAMOND CUTTING/PRE CIO US META LS/JEWELLER Y
IND. COMPOSITE 546 72815 1870 67
*PC Jeweller L 10 1903 395.0* 100 8369 -2.8 -0.1 0.50 0.5 - 1906 1348.6 48.1 1906Q 1348.6 -44 48.1 -66 48.21 0 13.28 230.3 1442 36.50 168/24 3225 -
*Rajesh Exports L 1 1903 29.5 155 42671 442.1 15.0 1.00 1.3 9.7 1906 11122.2 102.1 1906Q 11122.2 -12 102.1 -11 54.03 0 24.51 23.8 19651 665.55 787/544 11253 45.7
Renaissance Global 10 1903 18.9 246 1259 26.5 14.1 - 0.4 5.7 1906 234.6 4.4 1906Q 234.6 -0 4.4 -32 70.76 0 0.19 8.2 500 265.00 345/191 660 15.0
Thangamayil Jeweller 10 1903 13.7 141 1446 30.3 22.1 5.00 1.1 15.7 1906 491.9 12.9 1906Q 491.9 27 12.9 24 66.82 19 6.10 4.5 441 321.10 432/261 599 13.5
Titan Company 1 1903 88.8 70 19070 1374.4 15.5 5.00 0.4 22.2 1906 4939.7 370.7 1906Q 4939.7 14 370.7 6 52.90 0 26.32 200.0 112047 1262.10 1341/732 113334 80.3
31 DIVERSIFIED
IND. COMPOSITE 431 36697 1679 42
3M India Ltd. 10 1903 11.3 1651 2809 323.0 286.7 - 0.0 17.4 1906 742.0 84.9 1906Q 742.0 6 84.9 -15 74.99 0 10.40 22.9 22634 20091.80 25361/18200 22171 73.4
Balmer Lawrie & 10 1903 114.0 114 1775 188.5 16.5 11.00 0.0 14.5 1906 431.0 28.1 1906Q 431.0 -12 28.1 -28 0.00 0 8.68 49.0 1954 171.40 213/160 1531 11.0
DCM Shriram 2 1903 31.2 228 7684 906.8 58.2 9.80 0.4 25.5 1906 1864.3 214.2 1906Q 1864.3 -8 214.2 -2 66.53 0 12.89 41.0 6405 410.70 637/285 7483 7.1
Grasim Inds. 2 1903 131.5* 638 20550 515.3 7.8 5.50 0.1 1.2 1906 5000.6 201.7 1906Q 5000.6 4 201.7 -69 40.15 0 39.33 226.1 49395 751.05 1081/681 52256 663.7
Kesoram Industri 10 1903 142.6 37 3879 -254.3 -17.8 - 5.3 - 1906 927.9 7.2 1906Q 927.9 -0 7.2 111 53.13 45 4.90 86.5 796 55.85 99/48 3540 -

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 39

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
32 DYES & PIGMENTS
IND. COMPOSITE 150 9587 991 16
Atul Ltd. 10 1903 29.7 893 3916 428.6 144.5 15.00 0.0 16.2 1906 993.3 129.7 1906Q 993.3 12 129.7 54 44.70 5 29.80 28.6 11252 3793.60 4160/2830 11224 23.7
Bhageria Industries 5 1903 21.8* 78 462 71.5 16.4 4.88 0.3 20.9 1906 101.4 17.0 1906Q 101.4 -10 17.0 -5 70.48 0 0.19 10.4 525 120.25XB 167/95 574 7.4
*Bodal Chemicals 2 1903 24.5 68 1379 144.1 11.8 0.80 0.2 17.3 1906 322.3 28.9 1906Q 322.3 -9 28.9 -27 58.25 0 12.09 48.7 978 79.95 139/63 1106 7.3
Clariant Chemicals ( 10 1903 23.1 267 1028 18.6 8.0 10.00 0.0 3.0 1906 295.8 11.3 1906Q 295.8 12 11.3 17 51.00 0 4.37 37.5 703 304.70 521/265 676 34.9
*Kiri Industries 10 1903 31.3 201 1062 120.0 38.3 2.00 0.2 19.0 1906 278.2 25.9 1906Q 278.2 16 25.9 -26 44.63 0 20.55 18.5 1463 466.65 653/372 1595 13.2
Sudarshan Chem. 2 1903 13.8 86 1433 151.6 21.9 6.00 0.4 25.3 1906 383.0 44.0 1906Q 383.0 12 44.0 -54 52.89 0 9.89 22.2 2278 329.00 436/291 2519 22.7
Ultramarine Pig. 2 1903 5.8 132 307 56.5 19.3 4.50 0.0 14.7 1906 70.7 14.8 1906Q 70.7 -7 14.8 -9 53.73 0 1.12 9.9 563 192.80 284/160 535 10.2
33 EDIBLE OILS & SOLVENT EXTRACT ION
IND. COMPOSITE 124 5267 255 8
Agro Tech Foods Ltd. 10 1903 24.4 147 824 33.9 13.9 2.50 0.0 9.5 1906 197.6 7.0 1906Q 197.6 0 7.0 8 51.77 0 10.92 15.2 1193 489.70 645/451 1190 34.7
AVT Natural Prod 1 1903 15.2 17 330 21.1 1.4 0.40 0.1 8.1 1906 69.9 5.2 1906Q 69.9 -3 5.2 22 74.65 0 0.04 19.9 353 23.15 31/19 369 16.0
Guj. Amb.Exports 2 1903 22.9 105 4021 198.2 17.3 1.00 0.2 16.4 1906 1011.4 22.7 1906Q 1011.4 26 22.7 -57 63.76 0 2.86 39.4 1835 160.00 264/114 2028 10.9
Kavit Industries 10 1903 61.9 12 92 1.5 0.2 - 0.1 2.1 1906 7.2 0.5 1906Q 7.2 10 0.5 45 43.02 0 0.29 5.3 367 59.20 62/22 372 -
34 ELECTRIC EQUIPMENT
IND. COMPOSITE 856 47092 2710 31
ABB India 2 1812 42.4 189 6690 510.9 24.1 4.80 0.0 12.7 1906 1725.8 130.4 1906H 3576.0 11 246.6 20 74.99 0 16.14 60.0 29949 1413.30 1669/1191 28476 54.2
Artemis Electricals 10 1903 24.7 14 99 10.2 4.1 - 0.7 28.9 - - - - - - - - 65.63 0 8.50 0.8 379 153.60 155/64 392 -
Bharat Electroni 1 1903 243.7 37 12085 1927.3 7.9 2.05 0.0 21.4 1906 2101.5 204.7 1906Q 2101.5 -0 204.7 14 58.82 0 30.75 276.5 26340 108.10 117/73 25456 13.5
Centum Electronics L 10 1903 12.9 169 496 58.0 45.0 5.00 1.2 26.7 1906 123.3 5.1 1906Q 123.3 52 5.1 -67 58.80 0 8.71 7.7 552 428.20 575/321 727 11.6
CG Power and Indust 2 U1903 125.3 39 5356 -1403.2 -22.4 - 0.4 - 1903 1417.3 -1401.6 - - 8 - - 0.00 0 50.17 140.2 855 13.64 54/8 1729 -
Crompton Greaves Con 2 1903 125.4* 18 4479 402.5 6.4 2.00 0.3 36.6 1906 1346.8 122.6 1906Q 1346.8 12 122.6 18 34.36 49 49.57 108.1 15757 251.30 267/190 15964 37.4
Elpro Internl. 1 1903 16.9 16 56 86.2 5.1 - 1.8 31.6 1906 12.3 2.3 1906Q 12.3 -32 2.3 -53 72.92 18 14.43 4.4 850 50.15 61/42 1041 10.2
Genus Power Infrastr 1 1903 25.7 31 1055 72.4 2.8 0.58 0.3 8.9 1906 275.3 20.2 1906Q 275.3 15 20.2 40 50.46 5 8.35 33.8 606 23.55 36/16 806 7.8
Havells India 1 1903 62.6 68 10058 791.5 12.6 4.50 0.0 18.6 1906 2712.0 173.9 1906Q 2712.0 4 173.9 -17 59.51 0 31.58 103.5 45652 729.50 807/550 44408 60.5
Igarashi Motors Indi 10 1903 31.5 136 606 57.4 18.2 4.90 0.1 13.4 1906 131.5 6.1 1906Q 131.5 -19 6.1 -71 75.00 28 11.52 15.0 616 195.65XB 710/171 531 16.5
*Olectra Greentech 4 1903 32.8 81 290 -13.6 -1.7 - 0.0 - 1906 112.9 8.4 1906Q 112.9 239 8.4 313 60.86 14 3.01 13.8 1575 191.90 276/149 1444 -
Orient Electric 1 1903 21.2 14 1864 69.3 3.3 - 0.4 22.6 1906 568.3 18.9 1906Q 568.3 31 18.9 57 38.51 14 25.05 30.3 3400 160.25 173/113 3494 44.7
Schneider Electric 2 1903 47.8 1 1384 -24.4 -1.0 - 19.3 - 1906 357.5 -9.9 1906Q 357.5 4 -9.9 -230 74.99 0 10.18 51.8 1943 81.25 128/71 2263 -
V-Guard Ind.Ltd. 1 1903 42.7* 21 2574 165.5 3.9 0.80 0.0 18.4 1906 699.4 52.5 1906Q 699.4 10 52.5 52 64.10 0 24.74 72.6 9620 225.05 252/159 9545 52.4
35 ELECTRIC EQUIPMENT - GENSETS/ TURBINES
IND. COMPOSITE 73 2090 149 30
*Honda Siel Power 10 1903 10.1 510 816 54.1 53.4 10.00 0.0 10.5 1906 205.4 17.6 1906Q 205.4 13 17.6 35 67.66 0 8.53 16.5 1050 1034.85 1309/819 989 17.9
TD Power Systems Ltd 10 1903 30.9 148 445 7.1 2.3 2.00 0.1 1.5 1906 91.3 -1.0 1906Q 91.3 23 -1.0 81 58.49 0 20.59 8.2 459 148.40 168/96 443 39.3
*Triveni Turbine 1 1903 32.3 13 829 87.5 2.7 - 0.0 21.1 1906 211.7 25.2 1906Q 211.7 25 25.2 41 67.78 3 27.59 29.2 2974 92.00 126/81 2961 31.3
36 ELECTRIC EQUIPMENT - T RANSFORMERS
IND. COMPOSITE 44 8519 189 14
Apar Industries 10 1903 38.3 294 7586 147.1 38.4 9.50 0.2 13.1 1906 1867.5 42.1 1906Q 1867.5 33 42.1 54 58.55 0 30.71 22.8 2176 568.60 702/459 2153 13.4
Bharat Bijlee 10 1903 5.7 1331 932 41.5 73.5 12.50 0.3 5.5 1906 224.7 10.7 1906Q 224.7 14 10.7 -17 33.45 0 18.70 18.4 513 907.55 1402/841 718 13.0
37 ELECTRODES - GRAPHITE
IND. COMPOSITE 78 13330 5856 2
Graphite India Ltd. 2 1903 39.1 238 6737 2805.8 143.6 55.00 0.1 60.3 1906 897.0 195.0 1906Q 897.0 -50 195.0 -77 65.21 0 12.80 213.1 6702 343.05 1060/255 7032 3.1
HEG Ltd. 10 1903 38.6 964 6593 3050.4 790.4 80.00 0.2 82.0 1906 816.5 234.4 1906Q 816.5 -49 234.4 -70 61.23 0 16.33 164.1 4697 1216.95 4950/873 4806 1.9
38 ENGINEERING
IND. COMPOSITE 716 65999 5374 29
Ador Welding Ltd. 10 1903 13.6 194 512 23.9 17.5 6.50 0.3 9.1 1906 129.6 4.3 1906Q 129.6 26 4.3 4 56.70 0 15.99 13.4 432 318.05 425/272 496 18.0
Astra Microwave 2 1903 17.3 58 286 12.5 1.4 0.25 0.1 2.5 1906 30.3 -7.3 1906Q 30.3 -44 -7.3 -192 12.83 0 15.38 38.7 672 77.55 105/71 677 -
BMW Industries 1 1903 22.5 23 823 41.0 1.8 - 0.8 7.9 1906 162.2 5.3 1906Q 162.2 -29 5.3 -61 70.08 0 0.00 0.9 406 18.02 33/15 770 12.5
Carborundum Uni. 1 1903 18.9* 67 1782 166.1 8.8 2.75 0.0 13.0 1906 430.7 45.1 1906Q 430.7 4 45.1 15 42.10 0 29.30 25.2 5866 309.95 415/266 5849 34.1
Cummins India Lt 2 1903 55.4 149 5659 722.6 26.1 17.00 0.1 17.5 1906 1343.0 141.5 1906Q 1343.0 1 141.5 -23 51.00 0 36.65 72.8 16523 596.05 885/554 16094 24.3
Dynamatic Techno 10 1903 6.3 815 592 32.3 50.9 2.00 1.1 6.2 1906 153.4 10.7 1906Q 153.4 10 10.7 32 48.77 15 25.60 9.3 875 1379.65 1730/1066 1396 25.1
Esab India 10 1903 15.4 173 672 57.6 37.4 90.00 0.0 21.6 1906 181.3 16.7 1906Q 181.3 6 16.7 9 73.72 0 11.42 10.7 1724 1120.30 1340/742 1668 29.3
Forbes & Company Ltd 10 1903 12.9 182 227 10.3 8.0 5.00 0.5 4.4 1906 55.6 -0.2 1906Q 55.6 -2 -0.2 -105 73.85 68 11.65 15.0 2205 1709.35 2719/1570 2310 342.9
GKW L 10 1903 6.0 480 30 19.9 33.3 - 0.0 6.9 1906 4.4 1.4 1906Q 4.4 48 1.4 313 81.15 0 5.43 25.3 424 710.90 1059/546 422 20.3
Greaves Cotton 2 1903 48.8 40 1988 169.3 6.9 4.00 0.0 17.5 1906 476.8 38.2 1906Q 476.8 4 38.2 -4 51.89 0 30.53 78.5 3570 146.20 157/111 3528 21.3
Grindwell Norton 5 1903 55.4 98 1567 163.8 14.8 6.00 0.0 15.1 1906 406.5 42.1 1906Q 406.5 9 42.1 -1 58.32 0 19.85 15.5 6446 582.20 614/472 6216 39.4
Honeywell Automation 10 1903 8.8 1976 3175 358.8 405.9 45.00 0.0 20.5 1906 857.0 114.1 1906Q 857.0 11 114.1 24 74.99 0 15.37 15.2 23968 27107.90 29100/17980 22743 62.9
*Ion Exchange (India) 10 1903 14.7 255 1102 66.6 45.4 4.50 0.2 17.8 1906 304.2 15.4 1906Q 304.2 48 15.4 41 44.03 0 5.23 14.2 1052 717.30 794/335 846 14.8
Ircon Internatio 10 1903 94.1 420 4415 444.7 47.3 21.55 0.6 11.3 1906 1120.8 141.2 1906Q 1120.8 59 141.2 -13 89.18 0 5.17 75.9 3407 362.20 470/333 3034 8.1
*Kennametal India 10 1906 22.0 236 927 86.3 39.3 2.00 0.0 16.6 1906 231.8 17.6 - - 23 - - 75.00 0 13.42 7.6 2328 1059.40 1275/750 2234 26.9
*Kirloskar Bros. 2 1903 15.9 118 2223 87.3 11.0 2.50 0.2 9.3 1906 472.7 6.4 1906Q 472.7 4 6.4 -65 65.92 0 13.05 16.7 1261 158.85 258/132 1373 16.7
Kirloskar Industries 10 1903 9.7 1239 46 49.5 51.0 21.00 0.0 4.1 1906 2.0 2.9 1906Q 2.0 218 2.9 -18 73.11 0 14.44 16.3 696 717.00 1138/627 671 14.2
Kirloskar Oil Engine 2 1903 28.9 123 3204 225.0 15.6 5.00 0.0 12.7 1906 765.1 44.1 1906Q 765.1 -7 44.1 -11 59.33 0 23.18 33.9 2703 186.90 247/150 2530 12.3
KSB Ltd 10 1812 34.8 205 1093 74.0 21.3 6.00 0.1 10.4 1906 301.8 27.8 1906H 591.1 27 43.5 33 46.08 0 24.01 14.5 2237 642.55 819/536 2142 26.3
L&T Technology Serv 2 1903 20.8* 231 4712 700.1 67.3 21.00 0.0 29.1 1906 1245.7 198.0 1906Q 1245.7 16 198.0 37 74.97 0 13.23 93.6 16830 1617.95 1818/1371 16681 22.3
Shakti Pumps (In 10 1903 18.4 148 523 31.4 17.1 5.00 0.4 11.5 1906 101.9 0.7 1906Q 101.9 13 0.7 -72 48.25 25 5.25 16.3 571 310.90 480/251 656 19.3
Siemens Ltd. 2 1809 71.2 233 12725 893.9 25.1 7.00 0.0 10.8 1906 3198.4 248.1 1906N 9555.0 9 756.3 23 74.99 0 13.87 115.2 47273 1327.45 1367/841 43627 45.6
Skipper Ltd. 1 1903 10.3 63 1871 31.2 3.0 0.25 0.7 4.8 1906 338.6 8.2 1906Q 338.6 -29 8.2 83 71.89 0 13.13 19.7 571 55.65 119/40 1015 16.4
Sterling and Wilson 1 1903 16.0 27 8210 196.1 12.2 - 2.7 44.7 - - - - - - - - - 0 0.00 - 9913 618.20 756/555 10773 -
Sterling Tools L 2 1903 7.2 79 512 44.9 12.5 2.00 0.1 15.8 1906 104.3 8.8 1906Q 104.3 -21 8.8 -38 65.33 0 8.14 7.3 571 158.45 374/138 594 14.4
*Swaraj Engines 10 1903 12.1* 196 872 82.4 67.9 50.00 0.0 34.6 1906 205.4 16.9 1906Q 205.4 -12 16.9 -27 52.19 0 12.28 20.0 1429 1177.95 1649/1031 1410 18.7
Thermax 2 1903 23.8 230 3541 275.2 23.1 7.00 0.0 10.1 1906 787.8 49.9 1906Q 787.8 -7 49.9 11 61.98 0 25.50 33.3 13089 1098.45 1174/878 13010 46.7
Va Tech Wabag Ltd. 2 1903 10.9 168 1748 102.4 18.7 - 0.4 11.2 1906 324.0 19.9 1906Q 324.0 -5 19.9 64 24.67 12 34.02 67.2 1505 275.25 394/243 1841 13.7
Wendt India 10 1903 2.0 573 143 13.5 67.3 30.00 0.0 11.8 1906 34.3 3.9 1906Q 34.3 -8 3.9 -14 79.73 0 0.12 6.8 467 2335.65 3325/1955 461 36.4
WPIL Ltd. 10 1903 9.8 376 533 73.4 75.2 7.50 0.2 20.0 1906 86.8 15.0 1906Q 86.8 -39 15.0 -38 68.81 0 6.42 8.7 645 660.70 1000/540 705 10.0

40 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Yuken India 10 1903 12.0 150 284 118.2 98.5 2.00 0.9 65.8 1906 62.2 2.6 1906Q 62.2 2 2.6 2 52.50 0 0.01 6.4 630 524.90XB 855/425 685 5.3
39 ENGINEERING - HEAVY
IND. COMPOSITE 2740 76299 -2679 14
Action Construction 2 1903 23.4 37 1342 56.2 4.8 0.50 0.2 12.8 1906 293.4 11.9 1906Q 293.4 -13 11.9 -28 69.98 0 2.59 33.0 784 67.00 124/48 820 15.2
*BEML Ltd. 10 1903 41.6 525 3481 63.5 15.2 7.00 0.2 2.9 1906 581.1 -96.8 1906Q 581.1 28 -96.8 40 54.02 0 29.47 70.1 3482 836.20 1034/521 3851 27.4
*Bharat Dynamics 10 1903 183.3 124 3069 422.6 23.1 6.92 0.0 18.6 1906 491.6 65.5 1906Q 491.6 -10 65.5 -20 87.75 0 7.55 114.4 5289 288.60 349/224 4920 13.0
*Bharat Heavy Ele 2 1903 696.4 90 30349 1215.4 3.5 1.05 0.1 3.9 1906 4531.7 -216.3 1906Q 4531.7 -24 -216.3 -239 63.17 0 30.94 484.6 17445 50.10 79/47 12495 20.7
CMI FPE Ltd. 10 1903 4.9 387 496 35.1 71.1 10.00 0.0 18.4 1906 107.8 3.8 1906Q 107.8 90 3.8 13 74.99 0 0.44 3.5 439 889.70 1440/627 286 12.4
Disa India Ltd. 10 1903 1.5 935 242 27.8 191.0 2.50 0.0 20.4 1906 60.8 7.6 1906Q 60.8 61 7.6 286 74.82 0 9.89 2.9 733 5043.20 6500/4700 654 21.9
Elecon Engg. 2 1903 22.4 66 954 12.1 1.1 0.20 0.6 1.6 1906 213.3 1.3 1906Q 213.3 -9 1.3 -61 58.68 46 3.70 43.3 366 32.65 75/25 790 -
GMM Pfaudler Ltd 2 1903 2.9 149 419 40.6 27.8 4.50 0.0 18.7 1906 130.3 14.7 1906Q 130.3 40 14.7 61 75.00 0 1.78 10.9 2222 1519.90 1540/877 2193 48.1
Hindustan Aeronautic 10 1903 334.4 324 19894 2282.4 68.3 19.80 0.4 21.0 1906 3291.6 566.1 1906Q 3291.6 17 566.1 57 89.97 0 8.68 145.3 25275 755.85 946/603 29320 10.2
Inox Wind Ltd. 10 1903 221.9 91 1345 1.3 0.1 - 0.3 0.1 1906 140.9 -23.1 1906Q 140.9 -64 -23.1 -263 74.99 0 7.72 48.6 814 36.70 101/31 1364 -
ISGEC Heavy Eng 1 1903 7.4 183 4129 128.3 17.5 2.00 0.1 9.5 1906 1007.2 32.8 1906Q 1007.2 41 32.8 6 62.26 0 12.28 11.4 2954 401.70 622/306 2936 22.7
Lakshmi Machines 10 1903 10.7 1582 2636 189.3 177.2 35.00 0.0 11.2 1906 452.3 14.1 1906Q 452.3 -29 14.1 -72 30.83 0 21.32 35.9 4041 3782.20 7050/3536 3517 26.3
Praj Industries 2 1903 36.6* 40 923 62.4 3.4 2.12 0.0 8.5 1906 186.1 12.7 1906Q 186.1 29 12.7 302 32.98 0 30.73 93.3 2127 116.30 168/82 2072 29.6
Sanghvi Movers L 2 1903 8.7 169 282 -58.1 -13.4 - 0.6 - 1906 83.3 -3.1 1906Q 83.3 16 -3.1 70 46.88 0 6.80 16.2 381 87.90 141/83 848 -
Stovec Indus. 10 1812 2.1 676 193 39.6 189.5 55.00 0.0 28.0 1906 51.3 5.4 1906H 88.5 105 12.4 -18 71.06 0 0.09 6.7 400 1916.35 2735/1500 310 15.6
Suzlon Energy Ltd. 2 1903 1064.0 -13 2544 -7413.3 -13.9 - -0.7 - 1906 161.8 -397.3 1906Q 161.8 -79 -397.3 -19 19.79 76 11.38 1006.3 1623 3.05 8/3 6735 -
*Techno Electric&Eng 2 1903 22.0 128 989 181.6 16.5 - 0.0 12.9 1906 237.5 51.3 1906Q 237.5 -21 51.3 -23 60.18 0 24.83 7.3 2915 265.00 299/215 2887 17.5
Texmaco Rail & Engin 1 1903 22.5 51 1858 75.3 3.3 0.35 0.5 6.6 1906 392.1 9.6 1906Q 392.1 22 9.6 47 51.19 1 21.68 64.4 1130 50.25 78/43 1670 15.2
The Anup Engineering 10 1903 10.2* 276 243 42.0 41.2 - 0.1 14.9 1906 37.1 7.9 1906Q 37.1 -2 7.9 59 41.72 4 23.25 109.6 431 422.65 680/351 433 9.6
Titagarh Wagons Ltd. 2 1903 23.1 70 910 -82.9 -7.2 0.30 0.1 - 1906 328.7 13.7 1906Q 328.7 149 13.7 529 45.70 0 13.22 71.4 516 44.60 86/31 600 -
40 ENTERTAINMENT/MULTI MEDIA
IND. COMPOSITE 2357 26816 2530 18
Affle (India) 10 1903 25.5 19 118 16.7 6.5 - 0.0 35.1 - - - - - - - - 68.37 0 23.16 31.3 2484 974.10 994/751 2474 -
Balaji Telefilms Ltd 2 1903 20.2 100 440 20.1 2.0 0.40 0.0 2.0 1906 82.9 2.5 1906Q 82.9 -38 2.5 311 34.22 0 20.36 23.4 558 55.15 111/45 547 23.4
Den Networks Ltd. 10 1903 477.2 55 1009 -219.1 -4.6 - 0.1 - 1906 281.6 11.7 1906Q 281.6 4 11.7 153 86.53 0 1.17 11.7 3185 66.75 98/46 3350 -
Dish TV India Ltd. 1 1903 184.1 29 3938 -1289.4 -7.0 0.50 0.1 - 1906 360.2 -58.7 1906Q 360.2 -64 -58.7 -361 57.51 94 15.37 159.3 3738 20.30 67/16 4167 -
Entertainment Networ 10 1903 47.7 196 620 53.9 11.3 1.00 0.0 5.8 1906 131.6 4.8 1906Q 131.6 8 4.8 -48 71.15 0 21.50 12.7 1688 354.00 678/332 1666 34.1
GTPL Hathway 10 1903 112.5 59 819 14.5 1.3 1.00 0.3 2.2 1906 312.0 25.2 1906Q 312.0 60 25.2 163 78.83 4 11.68 16.9 788 70.10 108/53 908 26.2
Hathway Cable & Data 2 1903 354.0 24 528 210.6 1.2 - 0.2 4.9 1906 133.8 19.5 1906Q 133.8 3 19.5 842 94.09 0 2.23 27.5 3930 22.20 39/18 4629 16.9
Inox Leisure 10 1903 102.9 94 1692 133.5 13.0 - 0.1 13.8 1906 493.0 27.0 1906Q 493.0 19 27.0 -27 51.89 0 31.91 38.0 3241 315.05 383/190 3302 26.2
Media Matrix Worldwi 1 1903 113.3 1 3 0.4 0.0 - 0.0 0.2 1906 0.8 0.3 1906Q 0.8 0 0.3 81 60.71 9 0.00 2.9 480 4.24 6/4 480 -
*Music Broadcast 2 1903 55.3 22 325 61.6 2.2 - 0.0 10.2 1906 69.8 8.4 1906Q 69.8 -8 8.4 -38 73.64 0 11.68 21.7 1025 37.05 68/34 961 18.1
*Prime Focus 1 1903 29.9 35 162 -33.3 -1.1 - 0.4 - 1906 36.1 -20.2 1906Q 36.1 5 -20.2 -38 34.96 13 11.39 10.1 1406 47.00 78/32 1812 -
PVR Ltd. 10 1903 48.4 250 2747 172.8 35.7 2.00 0.8 14.3 1906 752.6 12.2 1906Q 752.6 11 12.2 -75 19.56 0 68.84 34.5 8337 1723.35 1834/1102 9256 61.6
Saregama India Ltd. 10 1903 17.4* 245 524 51.9 29.8 3.00 0.1 12.2 1906 120.8 0.5 1906Q 120.8 9 0.5 -94 59.08 0 3.81 26.5 605 347.00 637/302 662 13.8
Shemaroo Entertainme 10 1903 27.2 213 548 86.1 31.7 1.65 0.4 14.8 1906 138.8 16.4 1906Q 138.8 23 16.4 -19 65.82 0 18.65 8.0 679 249.95 528/233 866 8.2
*Sun TV Network Ltd. 5 1903 197.0 138 3663 1394.9 35.4 12.50 0.0 25.6 1906 1101.4 381.9 1906Q 1101.4 -2 381.9 -7 74.99 4 16.36 52.1 18031 457.55 684/389 17560 13.2
TV Today Network Ltd 5 1903 29.8 140 710 129.9 21.8 2.25 0.0 15.5 1906 245.2 51.0 1906Q 245.2 35 51.0 25 57.96 0 26.11 22.0 1787 299.45 435/237 1496 12.8
TV18 Broadcast 2 1903 342.9 16 1079 85.0 0.5 - 0.3 3.1 1906 298.1 1.7 1906Q 298.1 72 1.7 -80 60.40 0 14.61 124.7 4003 23.35 42/18 4832 -
UFO Moviez India Ltd 10 1903 28.4 168 425 40.6 14.3 30.00 0.1 8.5 1906 87.5 50.0 1906Q 87.5 -7 50.0 936 30.08 3 40.94 27.5 417 147.25 353/128 433 4.9
Zee Entertainment En 1 1903 96.0 74 6858 1655.0 17.2 3.50 0.1 23.2 1906 1789.9 512.2 1906Q 1789.9 14 512.2 40 35.79 64 58.29 124.0 28920 301.10 506/272 28052 16.1
Zee Media Corp 1 1903 47.1 13 607 -55.3 -1.2 - 0.2 - 1906 178.8 20.8 1906Q 178.8 30 20.8 116 55.11 94 7.30 111.8 502 10.67 30/8 621 -
41 FAST MOVING CONSUME R GOODS
IND. COMPOSITE 4129 172479 30158 44
ADF Foods Ltd. 10 1903 20.0 105 187 30.5 15.2 - 0.0 14.5 1906 44.1 7.3 1906Q 44.1 3 7.3 31 34.29 0 0.41 17.9 561 279.95 305/193 534 17.8
Apex Frozen Foods 10 1903 31.3 114 875 60.8 19.5 2.00 0.3 17.1 1906 221.9 8.3 1906Q 221.9 -7 8.3 -61 72.58 0 9.36 38.2 745 238.50 424/190 761 15.6
Bajaj Consumer Care 1 1903 14.8* 33 909 226.1 15.3 14.00 0.1 46.6 1906 240.2 58.7 1906Q 240.2 9 58.7 9 60.01 61 33.55 31.6 3814 258.50 465/240 3825 16.5
Britannia Ind. 1 1903 24.0 168 10482 1122.2 46.7 15.00 0.0 27.8 1906 2579.5 250.2 1906Q 2579.5 7 250.2 2 50.66 0 28.81 156.9 68898 2866.95 3317/2302 68858 61.2
Colgate Palm. 1 1903 27.2 53 4462 775.6 28.5 23.00 0.1 53.6 1906 1084.9 169.1 1906Q 1084.9 4 169.1 -11 50.99 0 25.39 183.6 38017 1397.75 1405/1020 37695 50.3
Dabur India 1 1903 176.7* 22 6273 1264.3 7.2 2.75 0.0 32.5 1906 1628.3 257.8 1906Q 1628.3 11 257.8 12 67.87 0 24.78 192.5 78820 446.05 469/357 78830 61.0
*DFM Foods Limi 2 1903 10.0 26 484 32.8 6.5 1.25 0.7 25.3 1906 127.7 7.6 1906Q 127.7 29 7.6 52 38.26 0 15.25 6.0 1238 247.00 299/177 1291 35.0
Emami Ltd. 1 1903 45.4 45 2483 305.2 6.7 4.00 0.0 14.8 1906 588.5 82.6 1906Q 588.5 2 82.6 105 52.73 47 37.05 77.4 14676 323.30XB 537/246 14619 42.2
Future Consumer 6 1903 1152.6* 7 2990 60.5 0.3 - 0.5 4.4 1906 784.4 11.7 1906Q 784.4 21 11.7 8 46.29 61 18.81 150.1 5571 29.00 53/24 6248 -
*Gillette India Ltd. 10 1906 32.6 239 1862 252.9 77.6 44.00 0.0 32.5 1906 464.0 45.8 - - 10 - - 74.99 0 11.54 27.1 22827 7005.40 7906/6200 22591 90.3
GlaxoSmithKlineConsu 10 1903 42.1 974 4782 982.8 233.7 105.00 0.0 24.0 1906 1194.3 248.1 1906Q 1194.3 8 248.1 24 72.45 0 11.11 54.6 35452 8429.85 8500/6340 31355 34.4
Godfrey Phillips Ind 2 1903 10.4 365 2477 241.0 46.3 10.00 0.0 12.7 1906 831.2 114.9 1906Q 831.2 45 114.9 102 72.19 0 13.91 19.7 5082 977.40 1209/640 5095 17.0
Godrej Agrovet L 10 1903 192.0* 72 4286 207.9 10.8 4.50 0.1 14.9 1906 1252.3 68.3 1906Q 1252.3 13 68.3 -6 68.94 0 5.97 116.0 9530 496.25 565/422 9625 46.9
Godrej Consumer Prod 1 1903 102.2* 48 5679 1755.0 17.2 7.50 0.0 35.6 1906 1315.4 240.1 1906Q 1315.4 0 240.1 9 63.24 0 30.13 135.0 69926 684.00XB 848/577 69829 39.4
Godrej Industries Lt 1 1903 33.6* 48 2144 -90.7 -2.7 1.15 1.8 - 1906 478.2 -10.9 1906Q 478.2 -9 -10.9 -117 61.33 0 16.45 78.9 14323 425.70 570/396 16719 -
Hatsun Agro Prod 1 1903 16.2 50 4760 114.8 7.1 4.00 0.9 14.3 1906 1423.2 51.2 1906Q 1423.2 15 51.2 35 73.54 2 9.47 13.9 9864 610.10 775/568 10564 77.0
Heritage Foods 5 1903 23.2 173 2482 83.4 18.0 1.00 0.3 10.4 1906 710.8 21.7 1906Q 710.8 12 21.7 9 39.89 0 18.94 25.0 1728 372.45 579/312 1909 20.3
Hind. Food 10 1903 13.5 47 237 10.2 7.6 - 0.9 16.2 1906 77.7 3.0 1906Q 77.7 76 3.0 26 61.86 0 15.04 7.0 656 486.05 529/253 681 60.6
Hindustan Unilever L 1 1903 216.5* 35 38224 6036.0 27.9 22.00 0.0 79.1 1906 10114.0 1755.0 1906Q 10114.0 7 1755.0 15 67.18 0 18.98 381.7 426403 1969.70 1991/1478 422715 68.1
ITC Ltd. 1 1903 1228.5* 46 44996 12464.3 10.1 5.75 0.0 22.3 1906 11502.8 3173.9 1906Q 11502.8 7 3173.9 13 0.00 0 55.05 891.3 292567 238.15 310/234 288806 22.8
Jubilant Foodworks L 10 1903 132.0 100 3531 322.8 24.5 5.00 0.0 24.4 1906 940.1 74.8 1906Q 940.1 10 74.8 0 41.93 2 47.24 66.2 18223 1380.85XB 1487/982 17734 56.4
Jyothy Labs 1 1903 36.7 23 1769 193.2 5.3 3.00 0.3 22.6 1906 411.6 35.9 1906Q 411.6 2 35.9 11 67.11 27 24.85 87.1 5951 162.05XB 219/138 6078 30.3
Kaya L 10 1903 13.1 125 210 -4.0 -3.0 - 0.0 - 1906 50.4 -6.1 1906Q 50.4 -1 -6.1 -222 59.92 0 4.56 25.7 484 370.25 972/304 480 -
Marico Ltd. 1 1903 129.1 27 5971 1132.0 8.8 4.75 0.0 32.3 1906 1777.0 251.0 1906Q 1777.0 5 251.0 17 59.70 0 31.50 90.6 49095 380.30 402/286 48887 42.0
*Nestle India 10 1812 96.4 381 11292 1606.9 166.7 115.00 0.0 43.7 1906 3000.8 437.8 1906H 6003.8 10 901.1 10 62.76 0 20.43 93.8 130184 13502.35 13620/9080 128609 77.1
*P&G Hygiene&Health 10 1906 32.5 280 2947 419.1 129.1 88.00 0.0 46.1 1906 637.3 60.8 - - 20 - - 70.63 0 14.50 32.2 35397 10904.65 11490/8714 34998 84.5
*Parag Milk Foods 10 1903 84.1 98 2346 114.1 13.6 1.00 0.3 13.8 1906 616.2 27.2 1906Q 616.2 15 27.2 3 45.96 22 24.59 47.8 1303 154.90 279/131 1500 11.4
Prabhat Dairy 10 1903 97.7 59 72 6.7 0.7 - 0.2 1.1 1906 57.8 4.8 1906Q 57.8 -87 4.8 -5 50.09 60 8.59 22.8 752 77.00 153/47 774 -
*Prataap Snacks 5 1903 11.7 245 1069 46.5 19.8 1.00 0.0 8.1 1906 290.8 9.9 1906Q 290.8 9 9.9 -16 71.43 0 23.55 11.9 1889 805.40 1187/700 1834 42.3

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 41

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Tasty Bite 10 1903 2.6 514 337 30.1 117.2 2.00 0.2 22.8 1906 90.9 7.7 1906Q 90.9 9 7.7 33 74.23 0 3.03 5.1 2378 9269.10 10165/7215 2402 74.4
Vadilal Indus. 10 U1903 7.2 285 507 31.5 43.8 1.25 0.7 15.4 1906 240.2 35.5 1906Q 240.2 13 35.5 23 64.62 0 0.90 16.9 578 804.45 823/400 699 15.2
VST Industries 10 1903 15.4 430 1099 226.8 146.9 95.00 0.0 34.2 1906 304.7 75.7 1906Q 304.7 25 75.7 24 32.15 0 27.06 13.9 5497 3559.85 3838/2481 5460 22.8
Zydus Wellness Ltd. 10 1903 57.7 577 255 96.3 16.7 5.00 0.5 2.9 1906 36.9 -19.0 1906Q 36.9 -42 -19.0 -174 67.62 0 23.41 35.1 9528 1652.35 1859/1085 11052 184.5
42 FERRO ALLOYS
IND. COMPOSITE 29 1988 255 5
*Maithan Alloys Ltd. 10 1903 29.1 385 1988 255.3 87.7 6.00 0.0 22.8 1906 485.8 52.1 1906Q 485.8 7 52.1 -20 74.98 0 2.93 19.9 1324 454.75 698/340 1288 5.5
43 FERTILISERS
IND. COMPOSITE 2822 74796 2978 11
Chambal Fertilis 10 1903 416.2 78 10095 545.3 13.1 2.00 2.5 16.8 1906 2854.7 235.9 1906Q 2854.7 30 235.9 52 58.76 12 23.16 117.3 7150 171.80 196/128 15283 11.4
Coromandel Internati 1 1903 29.3 117 13204 713.9 24.4 6.50 0.9 20.8 1906 2132.4 62.4 1906Q 2132.4 -15 62.4 -29 61.71 0 18.26 59.7 12217 417.60 520/337 15036 17.7
Deepak Fertilisers 10 1903 88.2 182 3149 7.9 0.9 3.00 0.8 0.5 1906 536.0 -6.6 1906Q 536.0 -59 -6.6 -178 51.49 0 6.82 101.7 809 91.70 247/76 2098 -
Fertilisers & Ch 10 1903 647.1 -23 1955 163.1 2.5 - -1.4 - 1906 351.2 -80.2 1906Q 351.2 2 -80.2 -126 0.00 0 89.24 20.7 2634 40.70 51/30 4848 -
GSFC 2 1903 79.7 182 8575 493.7 12.4 2.20 0.1 6.8 1906 1707.7 63.3 1906Q 1707.7 -4 63.3 -10 37.84 0 32.23 131.0 3142 78.85 119/69 4108 6.5
Gujarat Narmada Vall 10 1903 155.4 322 5896 741.2 47.7 7.00 0.0 14.8 1906 1209.9 66.4 1906Q 1209.9 -25 66.4 -64 41.18 0 27.98 239.0 3181 204.65 406/169 3154 5.1
Mangalore Chem. 10 1903 118.5 42 3074 32.9 2.8 1.00 2.8 6.6 1906 741.1 -0.0 1906Q 741.1 11 -0.0 99 60.06 76 1.06 45.7 392 33.10 53/25 1601 10.7
*National Fertilizers 10 1903 490.6 45 12245 298.4 6.1 1.86 2.9 13.4 1906 2547.0 -64.0 1906Q 2547.0 18 -64.0 -255 74.71 0 16.61 57.2 1256 25.60 45/24 7639 6.5
*Rashtriya Chemicals 10 1903 551.7 55 8885 139.2 2.5 0.77 1.1 4.6 1906 2409.5 8.1 1906Q 2409.5 24 8.1 -65 75.00 0 5.09 171.9 2416 43.80 70/36 5722 19.4
SPIC 10 1903 203.6* 17 2592 53.3 2.6 - 0.9 15.3 1906 554.2 14.6 1906Q 554.2 -4 14.6 2759 41.49 0 3.63 65.8 423 20.75 30/16 678 6.2
Zuari Agro Chemicals 10 1903 42.1 103 5127 -211.2 -50.2 - 4.4 - 1906 1147.3 -124.3 1906Q 1147.3 -15 -124.3 -1392 65.04 22 10.13 38.4 407 96.80 290/89 3386 -
44 FINANCE - BANKS - PRIV ATE SEC TOR
IND. COMPOSITE 12977 366394 4 2649 36
Axis Bank Ltd. 2 1903 524.0* 255 54986 4676.6 17.8 1.00 2.3 7.0 1906 15255.0 1370.1 1906Q 15255.0 19 1370.1 95 17.63 0 64.60 351.5 178360 680.70 827/534 296037 33.4
Bandhan Bank 10 1903 1193.1* 94 6644 1951.5 16.4 - 0.0 17.4 1906 2120.6 701.1 1906Q 2120.6 36 701.1 46 82.26 0 15.73 187.7 59274 496.80 636/369 55916 27.3
City Union Bank 1 1903 73.5* 66 3767 682.9 9.3 0.27 0.1 14.1 1906 1029.2 185.6 1906Q 1029.2 16 185.6 15 0.00 0 52.46 99.6 15698 213.50XB 220/157 14186 22.2
DCB Bank 10 1903 310.0* 93 3041 325.4 10.5 1.00 0.9 10.4 1906 857.7 81.1 1906Q 857.7 22 81.1 17 14.91 0 51.88 170.4 6354 204.95 245/140 7760 18.9
Dhanlaxmi Bank 10 U1903 253.0 30 971 11.7 0.5 - 0.5 1.5 1906 240.4 19.8 1906Q 240.4 0 19.8 144 0.00 0 13.27 76.9 387 15.30 21/11 176 5.1
Federal Bank 2 1903 397.6* 67 11419 1243.9 6.3 1.40 0.6 9.4 1906 3229.3 384.2 1906Q 3229.3 21 384.2 46 0.00 0 66.79 313.1 18837 94.75 110/67 20200 13.8
HDFC Bank 1 1903 547.1* 273 98972 21078.2 38.5 7.50 0.8 14.1 1906 27391.6 5568.2 1906Q 27391.6 21 5568.2 21 21.30 0 45.05 622.4 656546 1200.10 1251/942 726868 29.8
ICICI Bank 2 1903 1291.6* 163 63401 3363.3 5.2 2.27 1.6 3.1 1906 17980.1 1908.0 1906Q 17980.1 22 1908.0 1696 0.00 0 67.37 820.4 269527 417.35 444/295 396989 50.0
IDFC First Bank 10 1903 4782.8* 38 11948 -1944.2 -4.1 - 3.9 - 1906 3793.1 -617.4 1906Q 3793.1 63 -617.4 -440 40.00 0 17.72 769.4 20614 43.10 57/33 86448 -
IndusInd Bank 10 1903 692.9* 382 22261 3301.1 47.6 7.50 1.8 12.3 1906 6961.4 1432.5 1906Q 6961.4 37 1432.5 38 13.04 26 58.85 197.7 98369 1419.60 1835/1268 135729 26.6
Jammu & Kashmir Bank 1 1903 55.7 108 7676 464.9 8.3 - 0.4 7.0 1906 2072.1 21.9 1906Q 2072.1 18 21.9 -58 59.23 0 23.27 91.8 2002 35.95 66/31 -249 4.6
Karnataka Bank 10 1903 282.6 190 5906 477.2 16.9 3.50 0.6 8.2 1906 1584.4 175.4 1906Q 1584.4 13 175.4 7 0.00 0 28.10 181.7 2237 79.15 141/72 2151 4.6
Karur Vysya Bank 2 1903 159.9 80 5816 210.9 2.6 2.23 0.2 3.3 1906 1492.5 72.9 1906Q 1492.5 3 72.9 59 2.09 21 42.84 142.8 4476 56.00XB 95/55 3107 18.8
Kotak Mahindra Bank 5 1903 954.9* 222 23943 4865.3 25.5 0.80 0.8 11.5 1906 6639.9 1360.2 1906Q 6639.9 21 1360.2 33 29.98 0 52.25 231.2 293825 1538.50 1598/1002 315196 56.5
*Lakshmi Vilas Ba 10 1903 336.7* 51 2840 -894.1 -26.6 2.02 0.5 - 1906 623.9 -237.3 1906Q 623.9 -14 -237.3 -92 7.10 34 19.65 90.1 1325 39.35 97/35 592 -
RBL Bank 10 1903 430.5* 175 6301 867.0 20.1 2.70 1.6 11.5 1906 2022.7 267.1 1906Q 2022.7 48 267.1 41 0.00 0 43.74 170.3 16454 382.25 717/292 23447 17.4
South Indian Ban 1 1903 181.0* 28 6877 247.5 1.4 0.25 1.0 4.6 1906 1894.8 73.3 1906Q 1894.8 15 73.3 218 0.00 0 31.81 420.1 2050 11.33 19/10 3292 6.9
*YES Bank Ltd. 2 1903 510.1 106 29625 1720.3 6.7 0.48 4.0 6.4 1906 7816.1 113.8 1906Q 7816.1 19 113.8 -91 17.97 41 50.73 1241.2 14141 55.45 287/53 111768 24.7
45 FINANCE - BANKS - PUBL IC SECTOR
IND. COMPOSITE 63046 680635 - 72952 168
Allahabad Bank 10 1903 3721.7 21 16864 -8334.0 -22.4 - 2.0 - 1906 4323.1 128.0 1906Q 4323.1 -6 128.0 107 92.01 0 4.61 221.0 11444 30.75 59/30 14261 -
Andhra Bank 10 1903 2984.5 44 18932 -2786.1 -9.3 - 0.8 - 1906 4962.1 51.6 1906Q 4962.1 10 51.6 110 87.80 0 4.21 239.2 5566 18.65 33/17 5717 -
Bank of Baroda 2 1903 769.3 120 49974 433.5 1.1 - 1.5 0.9 1906 18945.3 709.9 1906Q 18945.3 63 709.9 34 69.23 0 22.19 774.0 38563 100.25 144/89 79103 62.7
Bank of India 10 1903 3276.9 129 40768 -5546.9 -16.9 - 1.1 - 1906 10332.2 242.6 1906Q 10332.2 3 242.6 155 89.09 0 6.57 318.5 22496 68.65 110/61 37501 -
Bank of Maharash 10 1903 5824.1 15 10850 -4783.9 -8.2 - 1.8 - 1906 2772.6 81.1 1906Q 2772.6 5 81.1 107 92.48 0 4.08 195.8 6989 12.00 20/11 9218 -
Canara Bank 10 1903 753.2 395 46810 347.0 4.6 - 1.4 0.9 1906 12200.5 329.1 1906Q 12200.5 7 329.1 17 70.62 0 21.87 188.6 15185 201.60 302/187 26259 38.5
Central Bank 10 1903 4125.9 46 22639 -5641.5 -13.7 - 0.3 - 1906 5714.4 118.3 1906Q 5714.4 0 118.3 108 89.46 0 6.66 166.2 8149 19.75 69/17 -7391 -
Corporation Bank 2 1903 1198.8 26 15623 -6333.0 -10.6 - 0.5 - 1906 3985.6 103.3 1906Q 3985.6 -5 103.3 22 93.50 0 4.50 87.6 10040 16.75 32/16 8773 -
IDBI Bank Ltd. 10 1903 7736.3 40 22071 -15116.3 -19.5 - 1.5 - 1906 5091.1 -3800.8 1906Q 5091.1 -12 -3800.8 -58 97.45 0 0.25 381.2 22242 28.75 66/24 54799 -
Indian Bank 10 1903 491.5 332 19185 322.0 6.5 - 0.7 1.6 1906 5137.6 365.4 1906Q 5137.6 9 365.4 75 79.62 0 15.11 80.2 7631 155.25 292/151 8067 16.0
Indian Overseas 10 1903 9141.6 18 17631 -3737.9 -4.1 - 0.4 - 1906 4336.4 -342.1 1906Q 4336.4 2 -342.1 63 92.51 0 3.34 272.1 9297 10.17 16/9 5151 -
Oriental Bank of 10 1903 1370.2 127 17868 55.0 0.4 - 0.8 0.3 1906 4919.8 112.7 1906Q 4919.8 15 112.7 129 87.57 0 7.90 143.4 8893 64.90 119/58 11818 15.9
Punj. & Sind Ban 10 1903 602.1* 95 8559 -543.5 -9.0 - 0.5 - 1906 2070.9 -30.3 1906Q 2070.9 -5 -30.3 92 85.55 0 8.66 114.3 1213 20.15 35/18 -1014 -
Punj. NationlBak 2 1903 920.8 89 51310 -9975.5 -21.7 - 1.0 - 1906 13086.4 1018.6 1906Q 13086.4 -0 1018.6 208 75.40 0 15.98 677.9 30249 65.70 100/59 37445 -
SBI 1 1903 892.5 220 242869 862.2 1.0 - 2.1 0.4 1906 62637.8 2312.2 1906Q 62637.8 7 2312.2 147 57.13 0 34.15 1389.4 269256 301.70 374/248 495340 33.4
Syndicate Bank 10 1903 2683.7 56 21725 -2588.3 -9.6 - 1.7 - 1906 5544.8 -980.5 1906Q 5544.8 5 -980.5 24 78.47 0 10.00 283.9 8051 30.00 47/29 20043 -
UCO Bank 10 1903 7362.2 18 14331 -4321.1 -5.9 - 0.7 - 1906 3816.5 -601.5 1906Q 3816.5 2 -601.5 5 92.51 0 3.40 313.6 10822 14.70 23/14 10323 -
Union Bank of In 10 1903 1763.0 138 34067 -2947.4 -16.7 - 1.8 - 1906 8897.6 224.4 1906Q 8897.6 2 224.4 73 74.27 0 16.02 276.8 10481 59.45 100/52 32548 -
United Bank of I 10 1903 7427.9 14 8560 -2315.9 -3.1 - 0.2 - 1906 2374.4 105.0 1906Q 2374.4 10 105.0 127 96.83 0 1.52 99.6 6938 9.34 13/8 2973 -
46 FINANCE - HOUSING
IND. COMPOSITE 3384 108900 18344 23
*Aavas Financiers 10 1903 78.2* 235 710 175.9 22.5 - 2.0 9.6 1906 197.4 45.3 1906Q 197.4 34 45.3 51 58.29 0 32.33 11.2 11711 1498.20 1633/612 14685 61.3
Can Fin Homes 2 1903 26.6 134 1727 296.7 22.3 0.40 9.4 16.6 1906 484.0 81.0 1906Q 484.0 19 81.0 5 30.11 0 1.84 86.0 5157 387.30 420/217 21431 16.9
*Dewan Housing 10 1903 313.8 258 12884 -1036.1 -33.0 - 11.6 - 1903 3107.6 -2223.4 - - 30 - - 39.20 0 15.14 340.4 1362 43.40 616/37 92069 -
*GIC Housing Fi 10 1903 53.9 233 1225 171.8 31.9 5.50 9.3 13.7 1906 310.1 14.9 1906Q 310.1 6 14.9 -70 42.40 0 15.71 53.2 884 164.20 300/158 12491 6.0
GRUH Finance Li 2 1903 146.8* 26 2027 447.2 6.1 2.00 8.8 23.8 1906 533.0 115.6 1906Q 533.0 18 115.6 0 47.42 0 30.55 72.2 19464 265.15XB 340/205 34833 43.5
HDFC 2 1903 345.3* 442 43348 9632.5 55.8 21.00 4.8 12.6 1906 12990.3 3203.1 1906Q 12990.3 31 3203.1 46 0.00 0 89.30 286.6 354272 2052.10 2357/1646 717941 33.3
HUDCO 10 1903 2001.9 55 5548 1180.2 5.9 0.82 5.5 10.8 1906 1806.5 335.7 1906Q 1806.5 18 335.7 1 89.80 0 2.74 279.2 7387 36.90 56/29 66895 6.2
Indiabulls Housing F 2 1903 85.5 404 15407 3729.3 87.2 40.00 5.6 21.6 1906 3293.3 579.0 1906Q 3293.3 -9 579.0 -40 21.51 0 65.29 131.0 18300 428.00 1188/379 100482 5.5
LIC Housing Fi 2 1903 100.9 322 17355 2431.0 48.2 7.60 10.5 14.9 1906 4807.2 610.7 1906Q 4807.2 20 610.7 8 40.31 0 41.56 194.4 21055 417.20 587/376 188727 8.5
PNB Housing Finance 10 1903 168.1* 442 7481 1081.4 64.3 9.00 9.7 14.5 1906 2301.6 368.3 1906Q 2301.6 42 368.3 57 32.67 0 29.19 89.0 11424 679.50 1233/595 79257 9.4
*Repco Home Finance L 10 1903 62.6 244 1189 234.6 37.5 2.50 6.1 15.4 1906 328.1 62.4 1906Q 328.1 14 62.4 2 37.13 0 51.57 28.2 2019 322.80 512/276 11239 8.6

42 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
47 FINANCE - OTHERS
IND. COMPOSITE 60964 168952 4 2442 27
5Paisa Capital 10 1903 25.5* 58 63 -16.6 -6.5 - 0.3 - 1906 22.9 -0.5 1906Q 22.9 152 -0.5 91 34.58 0 18.67 23.4 369 144.80 271/121 356 -
Aditya Birla Capital 10 1903 2201.8* 32 178 -9.6 -0.0 - 0.2 - 1906 5.0 -46.4 1906Q 5.0 -66 -46.4 -166 72.73 0 11.12 520.5 20741 94.20 130/78 22176 -
Alankit 1 1903 14.3 5 123 13.2 0.9 0.20 0.1 18.2 1906 29.6 3.0 1906Q 29.6 16 3.0 27 69.67 0 0.28 13.0 352 24.65 41/16 353 -
Au Small Finance Ban 10 1903 293.4* 100 2949 381.8 13.0 0.75 2.9 13.0 1906 957.4 190.3 1906Q 957.4 59 190.3 148 32.18 7 38.39 81.1 18898 644.05 719/502 26700 38.2
Bajaj Finance L 2 1903 116.0 335 17384 3890.3 67.1 6.00 4.4 20.0 1906 5297.8 1124.7 1906Q 5297.8 40 1124.7 35 58.26 0 29.52 174.6 214886 3705.60 3761/1912 300996 51.4
Bajaj Finserv Ltd. 5 1903 79.6 199 423 307.2 19.3 2.50 0.0 9.7 1906 24.3 0.5 1906Q 24.3 -18 0.5 -92 60.71 0 15.14 99.2 122489 7697.10 8577/4960 122428 406.2
Bajaj Holdings & Inv 10 1903 111.3 987 994 788.2 70.8 32.50 0.0 7.2 1906 72.8 22.8 1906Q 72.8 -30 22.8 -60 49.55 0 16.40 44.7 35954 3230.60 3799/2204 35944 47.7
*Balmer Lawrie Invest 10 1903 22.2 76 0 75.9 34.2 34.00 0.0 45.1 1906 0.0 1.6 1906Q 0.0 11 1.6 47 59.67 0 7.27 11.1 862 388.25 460/361 728 11.3
Bengal & Assam Compa 10 1903 11.3 592 68 38.8 34.3 10.00 0.7 5.8 1906 26.6 8.6 1906Q 26.6 1457 8.6 1626 72.54 0 2.53 28.1 1519 1345.05 2160/1160 1975 31.7
*BF Investment Ltd. 5 1903 18.8 360 49 43.3 11.5 - 0.0 3.2 1906 3.3 2.5 1906Q 3.3 247 2.5 240 73.38 0 2.00 22.4 1049 278.60 340/168 1041 23.3
BSE 2 1903 10.4 507 576 201.1 38.8 30.00 0.0 7.7 1906 137.5 34.4 1906Q 137.5 1 34.4 -34 0.00 0 36.91 177.1 2808 542.15 759/446 2482 15.3
*Capital India Fin 10 1903 77.7 66 54 10.2 1.3 0.40 0.3 2.0 1906 26.8 9.1 1906Q 26.8 290 9.1 896 73.03 0 0.00 0.6 1011 130.00 185/79 1117 54.9
Capri Global Capital 2 1903 35.0 77 500 128.7 7.3 0.36 1.5 9.5 1906 139.1 32.4 1906Q 139.1 36 32.4 20 74.93 0 3.82 5.2 3328 190.05 199/75 5386 24.8
*Centrum Capital 1 1903 41.6 12 17 139.1 3.3 0.05 0.3 27.7 1906 1.4 -19.9 1906Q 1.4 -50 -19.9 -106 37.98 78 0.84 20.2 1073 25.80 46/22 1239 -
Cholamandalam Financ 1 1903 18.8* 57 74 66.5 3.5 0.63 0.0 6.3 1906 4.1 2.6 1906Q 4.1 4 2.6 5 48.42 0 31.22 20.4 8452 450.25 586/414 8340 126.8
Cholamandalam Invest 2 1903 156.4* 79 6992 1186.2 15.2 1.30 8.2 19.2 1906 2029.5 314.2 1906Q 2029.5 27 314.2 10 52.94 0 35.84 51.5 22724 290.65 311/208 69616 18.7
CreditAccess Grameen 10 1903 143.8* 164 1281 321.8 22.4 - 2.1 13.6 1906 375.8 95.8 1906Q 375.8 32 95.8 33 80.13 0 14.01 36.2 9212 640.60 654/246 13463 26.7
Dolat Investment 1 1903 17.6 9 116 50.6 2.9 0.10 0.0 33.5 1906 31.0 13.0 1906Q 31.0 34 13.0 30 74.48 0 0.05 8.2 869 49.35 92/24 866 16.2
Edelweiss Fin. Ser 1 1903 93.3* 35 303 102.9 1.1 1.40 0.1 3.1 1906 157.4 96.1 1906Q 157.4 65 96.1 193 32.93 17 34.83 156.9 11645 124.75 251/93 11994 70.1
Embassy Office Parks 300 1903 22903.9 300 - -9.4 -0.1 - - - 1906 183.2 131.2 1906Q 183.2 - 131.2 - - 0 0.00 - 29270 383.38 435/300 29270 -
Equitas Holdings Ltd 10 1903 341.7* 53 21 9.3 0.3 - 0.0 0.5 1906 4.3 3.3 1906Q 4.3 -14 3.3 20 0.00 0 61.06 110.0 3381 98.95 144/78 3203 -
*Finkurve Financial S 1 1903 10.8 1 15 0.9 0.1 - 8.3 6.1 1906 2.3 0.6 1906Q 2.3 -42 0.6 -18 64.76 0 0.00 1.0 519 47.85 60/28 629 -
General Ins. Corp. 5 1903 877.2 181 4190 2224.3 12.7 6.75 0.0 7.0 1906 547.5 108.6 1906Q 547.5 -46 108.6 -86 85.78 0 12.27 267.3 33360 190.15XB 357/154 20512 21.4
Geojit Financial 1 1903 23.8 17 265 29.3 1.2 1.00 0.0 7.2 1906 66.9 -3.1 1906Q 66.9 1 -3.1 -130 62.02 0 5.16 37.5 652 27.35 59/22 464 -
Gromo Trade & Consul 10 1903 28.4 14 30 0.4 0.1 - 0.2 0.9 1906 1.0 0.8 1906Q 1.0 8 0.8 707 1.39 0 0.00 0.6 382 134.60 490/130 386 -
HDFC AMC 5 1903 106.3* 144 1915 930.6 43.8 24.00 0.0 30.4 1906 504.4 291.8 1906Q 504.4 7 291.8 42 82.70 0 6.99 332.2 59436 2795.55 2840/1248 59404 58.4
HDFC Life Insurance 10 1903 2017.7* 28 1615 1276.8 6.3 1.63 0.0 22.6 1906 449.1 424.6 1906Q 449.1 13 424.6 12 74.49 0 16.63 382.9 113806 564.05 570/345 112566 86.1
ICICI Lombard Gen. 10 1903 454.4* 119 1691 1049.3 23.1 6.00 0.1 19.4 1906 501.2 309.8 1906Q 501.2 8 309.8 7 55.86 0 24.50 226.8 56195 1236.60 1285/703 56278 52.5
ICICI Pru Life 10 1903 1435.8 49 1719 1140.6 7.9 3.15 0.0 16.2 1906 512.1 284.9 1906Q 512.1 33 284.9 1 74.98 0 17.80 320.2 62402 434.60 447/278 61741 54.5
ICICI Securities 5 1903 161.1 32 1704 486.9 15.1 9.40 0.4 47.1 1906 386.5 112.7 1906Q 386.5 -11 112.7 -14 79.22 0 13.97 122.4 8751 271.65 317/188 6082 18.7
*IDFC L 10 1903 1596.4 61 158 127.9 0.8 - 0.0 1.3 1906 42.3 25.8 1906Q 42.3 192 25.8 769 0.00 0 48.38 417.0 5691 35.65 49/32 5688 -
IFCI Ltd. 10 1903 1696.0 25 2157 -443.8 -2.6 - 3.4 - 1906 480.4 -10.4 1906Q 480.4 -25 -10.4 97 56.42 0 16.79 528.0 1275 7.52 16/7 16733 -
*IIFL Finance 2 1903 63.8 33 151 147.1 4.6 4.50 0.0 13.8 1906 0.0 -0.6 1906Q 0.0 -53 -0.6 -104 29.02 0 25.30 40.5 3714 116.35 624/99 3713 23.7
*IIFL Securities 2 1903 63.8* 7 691 144.9 4.5 3.00 0.2 68.5 1906 139.4 24.9 1906Q 139.4 -22 24.9 -50 - 0 0.00 - 1357 42.50 44/40 477 -
India Grid Trust 99 1903 5799.2* 99 555 211.2 3.6 - 0.6 3.7 1903 148.1 114.3 - - 92 - - - 0 0.00 - 5135 88.00 92/81 6685 -
*Indiabulls Ventures 2 1903 122.3* 95 311 105.5 1.7 1.00 0.4 1.8 1906 98.4 86.3 1906Q 98.4 202 86.3 62 36.56 0 25.90 83.8 10815 176.80 748/147 11483 78.1
Indian Energy Exchan 1 1903 30.0 12 254 165.0 5.5 - 0.0 44.6 1906 60.6 39.6 1906Q 60.6 -10 39.6 -6 0.00 0 53.24 73.3 3824 127.65 178/112 3756 23.5
Indostar Capital Fin 10 1903 92.3 328 1177 255.1 27.7 - 2.9 8.4 1906 404.6 34.6 1906Q 404.6 79 34.6 -8 60.73 0 21.54 106.8 2081 225.50 443/218 9901 8.3
IRB InvIT Fund 98 1903 5921.1* 97 617 485.9 8.0 - 0.3 8.2 1906 149.4 116.1 1906Q 149.4 -5 116.1 -7 - 0 0.00 - 3839 63.22 77/63 5243 8.1
JM Financial Ltd. 1 1903 84.1* 30 143 111.3 1.3 1.00 0.0 4.5 1906 29.8 -9.7 1906Q 29.8 -25 -9.7 -673 62.01 0 23.76 56.7 6265 74.50 112/61 6251 60.9
JSW Holdings 10 1903 11.1 7369 107 87.8 79.1 - 0.0 1.1 1906 11.9 9.4 1906Q 11.9 -7 9.4 -4 61.41 18 25.62 19.0 3071 2767.00 3139/1790 3061 35.1
*Kalyani Investment 10 1903 4.4 8359 37 33.0 75.6 - 0.0 0.9 1906 2.1 1.2 1906Q 2.1 27 1.2 432 73.60 0 2.65 18.1 752 1723.50 2390/1396 752 21.7
*Kama Holdings Ltd. 10 1903 6.5 863 38 37.7 58.5 15.00 0.0 6.8 1906 0.0 -0.4 1906Q 0.0 5 -0.4 -139 74.99 0 0.20 5.6 3267 5062.95 6300/4525 3266 90.2
L&T Finance Holdings 10 1903 2000.5* 39 482 267.1 1.3 1.00 0.3 3.5 1906 16.6 -29.9 1906Q 16.6 -49 -29.9 -389 63.89 0 13.51 504.5 19825 99.10 159/89 20990 87.5
M&M Fin.Services 2 1903 123.6 177 8723 1557.1 25.2 6.50 4.8 14.3 1906 2394.0 68.4 1906Q 2394.0 24 68.4 -75 51.18 0 40.41 71.0 21894 354.40 484/285 73782 16.1
Magma Fincorp Ltd. 2 1903 53.9* 95 2231 275.1 10.2 0.80 4.6 10.8 1906 559.0 7.8 1906Q 559.0 5 7.8 -85 24.41 0 64.20 19.1 1577 58.55 138/55 12394 6.8
Manappuram Finance 2 1903 168.7* 52 3418 790.5 9.4 2.20 2.9 18.0 1906 949.4 220.3 1906Q 949.4 22 220.3 29 35.12 3 49.33 104.9 10773 127.75 145/66 23065 12.8
Mas Financial Servic 10 1903 54.7 166 572 152.1 27.8 5.10 2.2 16.7 1906 159.1 40.7 1906Q 159.1 31 40.7 34 73.46 0 13.10 19.0 3607 659.90 663/365 5258 22.2
*Max Financial Servic 2 1903 53.9 74 317 49.4 1.8 - 0.0 2.5 1906 196.1 171.6 1906Q 196.1 52 171.6 127 28.32 80 61.69 57.8 10767 399.65 473/344 10763 74.0
Max India 2 1903 53.7 64 56 -18.5 -0.7 - 0.0 - 1906 16.6 -7.3 1906Q 16.6 14 -7.3 -630 40.92 84 42.05 35.0 1548 57.60 90/54 1547 -
Max Ventures and Ind 10 1903 146.6 58 27 8.9 0.6 - 0.0 1.1 1906 7.6 2.9 1906Q 7.6 23 2.9 919 47.14 0 31.54 35.6 636 43.40 63/33 636 -
MCX 10 1903 51.0 287 298 136.5 26.8 20.00 0.0 9.3 1906 78.8 40.2 1906Q 78.8 8 40.2 552 0.00 0 72.24 131.8 4720 925.45 1015/644 4683 27.7
Motilal Oswal Financ 1 1903 14.7* 176 1217 322.3 21.9 8.50 0.5 12.4 1906 282.9 63.1 1906Q 282.9 2 63.1 2 70.12 0 15.23 30.1 9246 628.35 855/480 10101 28.6
Muthoot Capital 10 1903 16.4 290 535 82.4 50.1 - 2.9 17.3 1906 143.9 13.6 1906Q 143.9 26 13.6 -22 62.48 0 15.60 13.6 862 524.30 1049/420 2139 11.4
Muthoot Finance 10 1903 400.7* 244 6878 1972.1 49.2 12.00 2.7 20.1 1906 1856.8 530.0 1906Q 1856.8 14 530.0 8 73.48 0 22.24 49.3 25226 629.50 657/357 50324 12.5
NBI Industrial Fin 5 1903 1.2 476 8 6.1 24.8 0.25 0.0 5.2 1903 2.3 1.7 - - 66 - - 60.00 0 2.24 5.5 370 1506.45 1535/885 368 60.6
Network 18 Media & I 5 1903 523.5 16 112 -634.6 -6.1 - 1.2 - 1906 27.7 -326.1 1906Q 27.7 71 -326.1 -326 74.99 0 5.47 64.8 2371 22.65 54/18 4470 -
Niyogin Fintech 10 U1903 84.8 30 19 -6.6 -0.8 - 0.0 - 1906 5.6 -3.6 1906Q 5.6 53 -3.6 -21355 40.15 0 21.22 1.0 436 51.40 159/40 425 -
Paisalo Digital L 10 1903 42.3 154 318 56.8 13.4 1.00 1.5 8.7 1906 82.9 15.6 1906Q 82.9 3 15.6 -15 27.73 0 17.94 1.8 1628 384.85 469/291 2564 30.7
*Pilani Investmen 10 1903 7.9 5584 49 33.4 42.2 25.00 0.1 0.8 1906 6.5 -5.1 1906Q 6.5 241 -5.1 -365 57.54 0 1.41 5.9 1552 1961.85 2627/1800 1796 58.9
PNB Gilts Ltd. 10 1903 180.0 49 508 52.9 2.9 1.40 5.0 6.0 1906 193.5 45.2 1906Q 193.5 94 45.2 202 74.06 0 0.63 43.4 598 33.20 40/24 4860 4.2
Power Finance Co 10 1903 2640.1 164 28842 6952.9 26.3 - 6.8 16.1 1906 7580.6 1382.8 1906Q 7580.6 8 1382.8 1 59.04 0 35.53 232.7 26942 102.05 139/72
308026 3.9
*PTC India Financial 10 1903 642.3 32 1334 184.1 2.9 0.80 5.3 8.9 1906 352.1 15.6 1906Q 352.1 8 15.6 -72 64.99 0 4.04 117.7 836 13.01 19/11 11715 5.8
Rane Holdings Ltd. 10 1903 14.3 302 116 76.4 53.5 19.00 0.0 17.7 1906 17.5 6.8 1906Q 17.5 4 6.8 -1 46.37 0 18.87 9.6 1354 948.20 1744/821 1367 17.7
REC 10 1903 1974.9 174 25310 5763.7 29.2 11.00 7.1 16.8 1906 6986.2 1501.3 1906Q 6986.2 22 1501.3 2 52.63 0 39.58 288.0 25476 129.00 170/94
268201 4.4
*Reliance Capital 10 1903 252.7 351 2312 157.0 6.2 10.50 2.2 1.8 1906 509.0 -116.0 1906Q 509.0 -10 -116.0 -205 41.52 97 26.88 754.8 792 31.35 369/30 20197 -
Reliance NipLifeAML 10 1903 612.0* 41 1415 475.2 7.8 6.00 0.0 18.9 1906 308.2 122.6 1906Q 308.2 -18 122.6 13 74.99 0 14.62 80.9 15503 253.30 289/120 15012 31.7
Religare Enterprises 10 1903 216.9 76 9 -146.1 -6.7 - 0.2 - 1906 0.0 -7.1 1906Q 0.0 -91 -7.1 58 1.04 68 32.88 44.1 748 34.50 45/17 1227 -
Satin Creditcare 10 1903 52.0 218 1373 194.9 37.5 - 4.6 17.2 1906 332.7 41.4 1906Q 332.7 5 41.4 65 29.70 21 40.20 9.6 1409 270.80 398/183 4922 6.7
SBI Life Insurance 10 1903 1000.0 76 1504 1326.8 13.3 2.00 0.0 17.5 1906 386.8 371.9 1906Q 386.8 6 371.9 5 67.30 0 25.56 302.1 81585 815.85 862/487 79164 60.7
Shriram City Uni 10 1903 66.0* 968 5779 988.9 149.8 22.00 3.5 15.5 1906 1493.5 253.2 1906Q 1493.5 7 253.2 10 33.74 0 32.28 9.6 8916 1351.00 1900/1222 30203 8.8
Shriram Trans.Fi 10 1903 226.9 698 15522 2564.0 113.0 12.00 5.6 16.2 1906 4053.8 634.3 1906Q 4053.8 9 634.3 11 26.08 0 64.48 54.9 25954 1143.95 1297/904 109887 9.9
Spandana Sphoorty Fi 10 1903 64.2 295 1036 308.7 48.1 - 1.6 16.3 - - - - - - - - 62.70 0 15.82 19.8 5489 855.30 949/690 8086 -
*SREI Infrastructure 10 1903 503.1 59 1878 94.7 1.9 0.50 4.1 3.2 1906 516.9 2.9 1906Q 516.9 26 2.9 -91 60.79 0 14.27 72.2 541 10.75 48/10 12610 8.0

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 43

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Summit Securities 10 1903 10.9 492 15 12.7 11.7 - 0.0 2.4 1906 0.3 -0.7 1906Q 0.3 532 -0.7 -108 73.99 0 4.56 53.0 544 499.20 759/397 544 44.0
*Sundaram Finance 10 1903 111.1 454 3398 1126.3 101.4 17.50 5.0 22.3 1906 923.1 157.5 1906Q 923.1 23 157.5 12 36.37 0 18.85 26.3 17726 1595.40 1745/1320 41893 15.5
Sundaram Finance Hol 5 1903 75.6 117 119 84.9 5.6 1.75 0.0 4.8 1903 41.8 32.4 - - 49 - - 54.34 0 8.74 25.7 1190 78.75 119/68 1188 14.0
Tata Investment 10 1903 50.6 1546 182 147.7 29.2 20.00 0.0 1.9 1906 25.4 19.5 1906Q 25.4 -18 19.5 -13 73.38 0 4.23 33.3 4059 802.25 932/654 4042 28.1
The Investment Trust 10 1903 51.0 76 327 -20.0 -3.9 - 0.8 - 1906 65.2 -2.9 1906Q 65.2 -5 -2.9 68 73.84 0 4.22 3.0 619 121.25 249/114 935 -
The New India Assur 5 1903 824.0 142 690 579.8 3.5 1.50 0.0 2.5 1906 383.2 277.1 1906Q 383.2 -49 277.1 -56 85.43 0 13.62 96.4 17807 108.05XB 241/101 8202 80.3
Tourism Finance 10 1903 80.7 91 230 86.3 10.7 2.20 2.0 11.7 1906 62.6 22.9 1906Q 62.6 9 22.9 12 51.58 37 7.69 51.9 648 80.30 154/56 1905 7.3
*Ugro Capital 10 1903 51.0* 121 37 1.5 0.3 3.50 0.0 0.2 1906 14.9 -1.8 1906Q 14.9 1088 -1.8 -586 8.18 0 22.65 1.2 969 190.00 234/140 522 -
Ujjivan Financial 10 1903 121.4* 145 22 21.6 1.8 1.30 0.0 1.2 1906 0.0 0.5 1906Q 0.0 45 0.5 161 0.00 0 56.75 79.0 3795 312.55 372/167 3672 165.3
Vardhman Holdings 10 1903 3.2 1885 32 30.3 94.8 5.00 0.0 5.0 1906 5.2 3.8 1906Q 5.2 105 3.8 164 74.89 0 4.02 9.0 510 1597.55 2940/1340 508 15.6
48 GLASS
IND. COMPOSITE 187 4397 381 23
Asahi India Glass 1 1903 24.3 51 2859 190.1 7.8 1.00 1.1 15.2 1906 699.7 40.1 1906Q 699.7 -4 40.1 -12 54.27 6 2.54 47.1 4192 172.45 348/170 5588 22.7
Borosil Glass 1 1903 9.2 94 357 46.9 5.1 0.25 0.0 5.4 1906 91.6 13.0 1906Q 91.6 27 13.0 17 72.85 0 2.88 32.2 1597 172.80XB 310/113 1587 32.7
Empire Inds. 10 1903 6.0 396 526 43.8 73.1 25.00 0.9 18.5 1906 128.5 6.5 1906Q 128.5 18 6.5 -20 72.55 0 14.66 5.7 457 761.00 1608/644 640 10.8
Guj. Borosil Ltd 5 1903 34.1 14 217 10.1 1.5 - 0.1 10.3 1906 43.8 -2.1 1906Q 43.8 -11 -2.1 -164 74.95 0 0.06 31.9 521 76.35 125/55 529 -
La Opala RG Ltd. 2 1903 22.2 48 278 74.0 6.7 1.20 0.0 14.0 1906 58.1 20.4 1906Q 58.1 5 20.4 41 65.32 0 19.18 16.1 1904 171.55 258/143 1901 23.8
Saint-Gobain Sekurit 10 1903 91.1 13 160 16.1 1.8 - 0.0 13.8 1906 35.9 2.2 1906Q 35.9 -6 2.2 -32 75.00 0 0.88 24.3 384 42.15 65/38 388 25.5
49 GRANITES/MARBLES
IND. COMPOSITE 6 146 7 22
Pokarna Ltd. 2 1903 6.2 45 146 6.9 2.2 0.12 0.5 5.0 1906 25.9 0.4 1906Q 25.9 -16 0.4 223 56.66 0 10.22 15.5 406 131.00 199/112 466 57.0
50 HORTICULTURE AND FL ORI CULTURE
IND. COMPOSITE 130 4291 463 19
Advanced Enzyme Tech 2 1903 22.3* 28 222 35.2 3.2 0.08 0.1 11.2 1906 58.5 13.3 1906Q 58.5 8 13.3 22 57.30 0 19.27 54.2 1795 160.75 225/142 1813 47.7
Kaveri Seed Company 2 1903 12.6 160 769 214.7 34.0 3.00 0.0 21.2 1906 655.5 228.9 1906Q 655.5 13 228.9 9 55.09 0 29.65 28.1 3330 527.45 625/376 3325 14.3
Nath Bio-Genes 10 1903 19.0 267 233 38.4 20.2 - 0.1 7.6 1906 165.9 35.3 1906Q 165.9 30 35.3 36 40.72 19 12.25 24.0 671 353.15 484/324 659 14.0
*Trescon L 10 1903 61.9 14 24 0.1 0.0 - 0.2 0.1 1906 0.0 1.2 1906Q 0.0 90 1.2 293 57.68 0 0.00 4.8 433 70.00 102/13 437 -
*Venky's (India) Ltd. 10 1903 14.1 626 3043 174.1 123.6 8.00 0.3 19.8 1906 905.3 61.8 1906Q 905.3 20 61.8 -13 56.10 0 2.88 46.5 2391 1697.35 2956/1100 2467 14.5
51 HOSPITALS AND MEDIC AL SERVICES
IND. COMPOSITE 1901 15512 1015 58
*Apollo Hospitals 5 1903 69.6 279 8337 302.8 21.8 6.00 0.8 7.8 1906 2229.2 79.3 1906Q 2229.2 17 79.3 32 34.39 71 57.07 41.7 20433 1468.70 1575/998 23209 63.5
Artemis Global Life 2 1903 13.2 24 0 -0.1 -0.0 - 0.0 - 1906 0.1 -0.1 1906Q 0.1 0 -0.1 -99 69.82 0 1.17 6.2 363 54.80 89/42 363 -
Aster DM Healthcare 10 1903 505.2 52 595 48.1 1.0 - 0.2 1.8 1906 169.1 -16.9 1906Q 169.1 26 -16.9 -33 37.80 0 15.27 88.9 6144 121.60 175/110 6542 -
Dr. Lal Pathlabs Ltd 10 1903 83.3 112 1165 195.4 23.5 6.00 0.0 21.0 1906 324.5 57.3 1906Q 324.5 15 57.3 15 56.91 0 28.51 39.0 11031 1323.55 1360/817 10553 54.4
Fortis Healthcare 10 1903 755.0 111 656 123.1 1.6 - 0.2 1.5 1906 178.8 472.1 1906Q 178.8 14 472.1 3450 31.16 0 50.38 114.0 9762 129.30 154/112 11176 16.0
*Healthcare Global En 10 1903 88.6* 72 641 7.2 0.8 - 0.6 1.1 1906 170.9 -2.0 1906Q 170.9 11 -2.0 -161 23.91 0 58.00 9.3 997 112.50 254/94 1385 -
Kovai Medical 10 1903 10.9 314 628 60.1 55.0 3.00 0.6 17.5 1906 165.4 19.8 1906Q 165.4 9 19.8 23 50.65 0 5.77 6.5 748 683.60 880/650 820 11.7
Metropolis Healthcar 2 1903 10.0 83 581 101.5 20.2 - 0.0 24.4 1906 157.0 18.3 1906Q 157.0 18 18.3 -4 57.40 45 21.70 18.2 6253 1246.20 1360/905 6245 -
*Narayana Hrudayalaya 10 1903 204.4 57 2077 50.1 2.5 1.00 0.4 4.3 1906 558.4 20.6 1906Q 558.4 16 20.6 3712 63.85 0 28.95 30.3 4730 231.45 258/181 5135 67.5
*Shalby 10 1903 108.0 74 461 32.1 3.0 - 0.1 4.0 1906 131.8 23.7 1906Q 131.8 14 23.7 95 79.43 0 6.66 55.7 1015 93.95 166/76 997 23.3
Thyrocare Tech. 10 1903 52.8 86 370 95.2 18.0 20.00 0.0 21.1 1906 100.5 30.1 1906Q 100.5 13 30.1 19 65.94 0 25.07 27.9 2777 525.90 678/407 2768 27.8
52 HOTELS AND RESORTS
IND. COMPOSITE 1921 8501 569 47
Asian Hotels (West) 10 1903 11.7 281 149 26.7 22.9 1.00 0.7 8.1 1906 32.0 -0.5 1906Q 32.0 -6 -0.5 -106 68.70 0 0.80 10.1 364 312.60 400/240 560 20.5
Chalet Hotels L 10 1903 205.0 71 987 -10.2 -0.5 - 1.0 - 1906 240.3 14.0 1906Q 240.3 2 14.0 165 71.41 32 25.89 2.6 6376 311.00 387/250 7651 -
Coffee Day Enterpris 10 1903 211.3 86 122 -67.7 -3.2 - 0.3 - 1903 76.9 -22.3 - - -47 - - 53.93 76 5.76 40.7 1378 65.25 325/61 1915 -
EIH Associated 10 1903 30.5 106 264 37.9 12.5 4.50 0.0 11.7 1906 47.0 1.8 1906Q 47.0 -1 1.8 -5 74.99 0 14.20 5.8 1008 331.00 463/255 972 26.7
EIH Ltd. 2 1903 114.3 50 1543 113.3 2.0 0.90 0.2 4.0 1906 289.6 -7.1 1906Q 289.6 -14 -7.1 -170 35.24 0 18.79 50.1 9757 170.70 215/138 10182 101.6
Hotel Leela Ven. 2 1903 126.1 4 154 -118.9 -1.9 - 8.3 - 1906 31.9 -7.5 1906Q 31.9 -80 -7.5 89 47.27 77 2.48 83.8 492 7.80 19/6 3660 -
*India Tourism De 10 1903 85.8 41 350 42.2 4.9 2.10 0.0 11.9 1906 60.8 1.0 1906Q 60.8 -18 1.0 -86 87.02 0 3.37 8.0 2280 265.85 412/152 1991 63.8
Indian Hotels Co 1 1903 118.9 38 2780 263.7 2.2 0.29 0.3 5.9 1906 571.9 22.4 1906Q 571.9 1 22.4 234 39.08 0 41.11 132.1 17631 148.25 164/110 18789 58.2
Lemon Tree Hotels 10 1903 792.2 13 273 63.2 0.8 - 0.3 6.1 1906 64.8 3.1 1906Q 64.8 2 3.1 -37 30.89 34 24.39 23.2 4262 53.80 91/48 4533 -
Mac Charles 10 1903 13.1 243 78 44.0 33.6 10.00 0.4 13.8 1906 14.6 1.9 1906Q 14.6 -18 1.9 -63 74.99 98 0.02 9.4 537 410.00 430/248 653 13.2
Mahindra Holidays 10 1903 133.6 -34 918 63.9 4.8 3.33 0.0 22.4 1906 250.5 18.2 1906Q 250.5 7 18.2 32 67.30 0 19.69 32.9 3001 224.70 256/185 2974 44.0
Oriental Hotels 1 1903 17.9 19 345 89.4 5.0 0.50 0.0 26.5 1906 66.1 -5.7 1906Q 66.1 -19 -5.7 -60 66.44 13 12.01 23.6 707 39.60 49/31 655 8.1
Sayaji Hotels Lt 10 1903 17.5 42 218 -3.1 -1.8 - 1.4 - 1906 46.9 -1.8 1906Q 46.9 -3 -1.8 -233 74.90 45 0.02 3.4 417 237.95 286/219 488 -
Taj GVK Hotels & Res 2 1903 12.5 64 317 24.3 3.9 0.60 0.4 6.1 1906 72.2 5.6 1906Q 72.2 -1 5.6 24 74.98 0 12.22 26.1 1015 161.90 244/114 1173 40.0
Westlife Development 2 1903 31.1 31 0 -0.0 -0.0 - 0.0 - 1906 0.0 -0.1 1906Q 0.0 -47 -0.1 65 62.14 0 23.19 8.7 4825 310.00 454/257 4825 -
53 INFRASTRUCTURE - GE NERAL
IND. COMPOSITE 2989 10087 1831 17
Bharti Infratel Ltd. 10 1903 1849.6 85 6822 2779.0 15.0 15.00 0.0 17.7 1906 1724.3 448.1 1906Q 1724.3 2 448.1 -70 53.51 0 45.43 37.2 47979 259.40 334/239 47983 28.1
GMR Infrastructure L 1 1903 603.6 19 1101 -1034.3 -1.7 - 0.5 - 1906 312.3 -215.1 1906Q 312.3 9 -215.1 -122 63.53 74 23.58 395.2 10080 16.70 21/13 16293 -
MEP Infrastructure 10 1903 183.4 45 1869 30.1 1.6 0.30 0.5 3.7 1906 424.4 -32.4 1906Q 424.4 -26 -32.4 -345 65.76 47 12.94 17.6 561 30.60 52/25 822 -
*Sadbhav Infrastructu 10 1903 352.2 39 295 56.5 1.6 0.50 1.1 4.1 1906 46.0 4.0 1906Q 46.0 -28 4.0 -66 69.62 29 17.06 7.8 1714 48.65 121/40 3240 35.1
54 IRON AND STEEL
IND. COMPOSITE 8245 352018 22651 6
Adhunik Industries 10 1903 46.8 24 670 3.8 0.8 - 0.7 3.4 1906 158.9 2.6 1906Q 158.9 -4 2.6 -2 74.96 68 0.00 1.9 443 94.75 97/37 507 -
*APL Apollo Tubes 10 1903 24.3 416 5868 126.4 52.1 14.00 0.6 12.5 1906 1652.3 20.6 1906Q 1652.3 20 20.6 -24 37.17 0 12.57 23.6 3169 1306.70 1683/1009 3736 26.4
Beekay Steel Indus 10 1903 19.1 208 960 98.3 51.5 2.00 0.6 24.8 1906 197.5 27.2 1906Q 197.5 -26 27.2 -11 69.20 0 0.00 2.0 516 270.30 440/200 690 5.3
Gallantt Ispat Ltd. 1 1903 28.2 27 1229 130.2 4.6 0.05 0.5 17.0 1906 311.4 25.1 1906Q 311.4 0 25.1 -37 63.09 0 0.00 3.3 649 23.00 43/16 879 5.6
Gandhi Special 5 1903 6.9 145 123 38.6 28.0 9.00 0.0 19.2 1906 23.8 5.8 1906Q 23.8 -37 5.8 -49 73.26 0 1.97 8.5 430 311.30 414/263 426 13.0
Godawari Power & Isp 10 1903 35.2 306 2875 213.3 60.5 - 1.6 19.8 1906 727.5 40.5 1906Q 727.5 13 40.5 -27 67.36 33 5.25 19.2 538 152.80 523/121 1913 2.7
Indian Metal & F 10 1903 27.0 429 1634 11.0 4.1 5.00 0.6 0.9 1906 445.9 10.7 1906Q 445.9 8 10.7 -63 58.68 0 0.57 41.9 508 188.40 321/136 1130 -
*Jai Corp Ltd. 1 1903 17.8 58 623 22.1 1.2 0.50 0.2 2.1 1906 144.0 4.0 1906Q 144.0 -9 4.0 -71 73.00 0 7.58 76.7 1552 86.95 147/66 1776 -
*Jindal Saw 2 1903 64.0 199 9829 500.1 15.6 2.00 0.6 7.8 1906 2581.0 145.6 1906Q 2581.0 13 145.6 53 63.00 4 11.69 58.5 2705 84.60 97/63 6536 4.9
*Jindal St & Pwr 1 1903 102.0* 221 27716 -262.9 -2.6 - 0.8 - 1906 7084.8 223.9 1906Q 7084.8 5 223.9 -33 60.51 65 23.96 166.3 11082 108.65 246/91 28577 -

44 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Jindal Stainless 2 1903 95.8 52 12585 139.0 2.9 - 1.5 5.6 1906 3066.7 66.8 1906Q 3066.7 -3 66.8 -26 67.27 85 19.82 61.8 1605 33.50 71/21 4522 14.0
*Jindal Stainless (Hi 2 1903 47.2 64 8956 261.6 11.1 - 1.3 17.3 1906 2147.3 84.0 1906Q 2147.3 1 84.0 6 57.66 88 24.87 55.0 1565 66.35 148/58 3548 5.9
JSW Steel 1 1903 241.7 145 76727 8259.0 34.2 4.10 0.9 23.5 1906 17499.0 1423.0 1906Q 17499.0 -8 1423.0 -39 41.54 49 22.95 590.8 57445 237.65 427/202 83650 7.8
Kalyani Steel 5 1903 21.8 204 1407 132.0 30.2 5.00 0.2 14.8 1906 343.4 36.6 1906Q 343.4 6 36.6 31 64.71 0 4.92 49.0 817 187.25 303/162 910 5.8
Kirloskar Ferrou 5 1903 68.8* 48 2159 98.1 7.1 2.00 0.2 15.0 1906 482.0 18.4 1906Q 482.0 -1 18.4 76 59.41 0 12.93 51.5 866 62.90 102/56 976 8.2
*Maha. Seamless 5 1903 33.5 476 3061 262.4 39.2 6.00 0.2 8.2 1906 690.3 91.4 1906Q 690.3 14 91.4 -9 62.07 0 10.09 23.7 2733 407.95 532/361 3162 10.8
*Mishra Dhatu Nig 10 1903 187.3 45 711 130.6 7.0 2.19 0.1 15.6 1906 132.1 23.0 1906Q 132.1 25 23.0 79 74.00 0 20.09 32.2 2430 129.70 149/100 2338 17.3
Monnet Ispat & Energ 10 1903 469.5 31 1879 -3461.1 -73.7 - 1.9 - 1906 777.1 -135.2 1906Q 777.1 79 -135.2 65 74.35 24 19.93 34.3 588 12.53 48/12 2573 -
Mukand Ltd. 10 1903 141.4 74 3588 -84.1 -5.9 - 1.5 - 1906 821.9 -32.1 1906Q 821.9 0 -32.1 -45 74.34 14 3.87 37.1 503 35.55 71/27 2099 -
Pennar Industrie 5 1903 76.2 44 2116 64.0 4.2 - 0.6 9.6 1906 534.7 16.4 1906Q 534.7 57 16.4 46 35.23 6 21.64 50.1 425 27.90 44/23 623 6.8
*Prakash Indus. 10 1903 171.3 167 3588 539.2 31.5 1.20 0.2 18.8 1906 825.4 37.0 1906Q 825.4 -8 37.0 -77 42.10 47 4.55 90.7 940 54.90 150/31 1483 2.2
Ratnamani Metals 2 1903 9.3 326 2755 252.9 54.1 9.00 0.0 16.6 1906 587.7 62.7 1906Q 587.7 -4 62.7 9 60.09 0 20.63 10.6 4361 933.20 1030/736 4284 16.9
RMG Alloy Steel 6 1903 249.7 -4 436 -20.1 -0.5 - -1.5 - 1906 99.1 -8.0 1906Q 99.1 -10 -8.0 -143 49.85 50 0.00 79.8 527 12.67 30/8 957 -
Sarda Energy & Miner 10 1903 36.0 434 1653 214.8 59.6 5.00 0.2 13.7 1906 420.8 52.5 1906Q 420.8 -5 52.5 1 72.49 0 2.25 20.8 556 154.35 405/140 851 2.6
Srikalahasthi Pipes 10 1903 46.7 270 1559 117.5 25.2 6.00 0.3 9.3 1906 360.8 33.4 1906Q 360.8 15 33.4 93 47.83 31 14.36 31.5 880 188.55 261/157 1012 6.6
*Steel Authority 10 1903 4130.6 92 66967 2178.8 5.3 0.50 1.1 5.7 1906 14820.0 68.8 1906Q 14820.0 -7 68.8 -87 74.99 0 19.20 360.4 14230 34.45 81/30 55445 8.3
Sunflag Iron 10 1903 180.2 52 2229 110.6 6.1 0.50 0.4 11.8 1906 486.1 4.1 1906Q 486.1 -13 4.1 -90 49.16 0 0.12 56.2 556 30.85 73/23 806 7.5
*Supershakti Metaliks 10 1903 5.8 177 507 17.6 30.5 - 0.4 17.3 - - - - - - - - 72.23 0 9.92 0.2 418 725.00CB 725/390 427 -
*Surya Roshni Ltd 10 1903 54.4 212 5977 120.9 22.2 2.00 1.0 10.5 1906 1412.3 19.4 1906Q 1412.3 11 19.4 -6 62.90 21 3.86 24.5 969 178.10 282/150 2098 8.1
*Tata Metaliks 10 1903 28.1 273 2155 181.9 64.8 3.50 0.1 23.7 1906 499.0 19.6 1906Q 499.0 7 19.6 -35 55.06 0 16.60 53.7 1581 563.10 738/481 1591 9.2
Tata Steel 10 1903 1126.5* 625 70611 10533.2 93.5 13.00 0.4 14.9 1906 16091.3 1539.0 1906Q 16091.3 -2 1539.0 -34 33.12 4 44.04 803.8 41579 369.10 647/322 69795 4.3
Tata Steel BSL 2 1903 218.7 9 20892 1713.1 15.7 - 33.7 168.4 1906 4332.7 113.3 1906Q 4332.7 -6 113.3 -95 72.65 0 10.34 105.3 2520 23.05 46/20 36384 -
Tata Steel Long Prod 10 1903 45.1* 570 992 124.3 27.6 12.50 0.0 4.8 1906 704.6 -86.0 1906Q 704.6 170 -86.0 -289 75.91 0 6.85 43.5 1846 409.40 652/402 1499 -
*Technocraft Industri 10 1903 24.5 306 1151 102.4 41.8 - 0.7 13.7 1906 301.4 23.3 1906Q 301.4 10 23.3 -17 73.42 0 5.19 10.8 990 404.60 650/281 1447 10.1
Usha Martin Ltd. 1 1903 30.5 8 1690 59.0 1.9 - 20.1 25.6 1906 356.6 371.1 1906Q 356.6 -71 371.1 1826 49.14 53 13.48 44.5 788 25.85 46/22 4246 1.9
Welspun Corp 5 1903 132.6 62 4136 -277.2 -10.5 0.50 0.4 - 1906 538.3 153.8 1906Q 538.3 -61 153.8 621 48.97 0 14.13 53.3 3509 132.30 169/89 4049 -
55 LAMINATES
IND. COMPOSITE 88 5376 339 23
Century Plyboards 1 1903 22.2 44 2264 158.8 7.1 1.00 0.5 16.4 1906 573.7 48.1 1906Q 573.7 7 48.1 6 72.74 0 14.52 55.5 3047 137.15 222/112 3493 18.9
Greenlam Industries 5 1903 12.1 172 1196 65.1 27.0 3.00 0.5 15.6 1906 267.7 15.1 1906Q 267.7 1 15.1 37 54.74 0 18.10 5.4 1871 775.00 1086/630 2064 27.0
*Greenply Industr 1 1903 12.3 27 1284 61.3 5.0 0.40 0.4 18.5 1906 305.4 15.7 1906Q 305.4 -25 15.7 -34 51.02 0 31.85 22.3 1968 160.50 186/110 2081 21.2
Stylam Industries 10 1903 8.2 221 461 35.1 43.0 - 0.8 19.4 1906 112.7 6.5 1906Q 112.7 5 6.5 -7 52.70 41 6.90 3.7 408 500.00 810/461 524 11.8
Uniply Industries 2 1903 33.0 33 172 18.3 1.1 0.24 0.6 3.3 1906 106.9 7.6 1906Q 106.9 92 7.6 104 26.32 61 8.76 12.4 948 57.40 73/30 1045 42.8
56 LEATHER
IND. COMPOSITE 156 7339 606 53
Bata India 5 1903 64.3 136 2928 329.7 25.6 6.25 0.0 18.9 1906 882.1 100.7 1906Q 882.1 11 100.7 22 52.95 0 32.71 129.4 20881 1624.60 1649/834 20042 60.0
Khadim India 10 1903 18.0 160 799 21.2 11.8 1.00 0.3 7.3 1906 216.1 3.3 1906Q 216.1 14 3.3 -55 59.72 0 33.35 39.0 443 246.70 740/166 496 25.9
Mirza International 2 1903 24.1 51 1152 48.8 4.1 0.90 0.5 8.0 1906 307.8 9.6 1906Q 307.8 18 9.6 -47 70.18 0 0.18 42.2 686 57.05 100/50 943 17.0
Relaxo Footwears 1 1903 24.8* 45 2292 175.4 7.1 0.90 0.1 15.9 1906 648.3 49.8 1906Q 648.3 14 49.8 8 71.01 0 8.82 21.0 12133 489.05XB 520/333 12218 67.7
Sreeleathers Ltd. 10 1903 25.2 115 168 31.1 12.4 - 0.0 10.7 1906 43.0 7.3 1906Q 43.0 12 7.3 39 64.94 0 2.85 6.1 458 182.00 262/130 433 13.8
57 LOGISTICS
IND. COMPOSITE 774 11347 712 26
Aegis Logistics Ltd. 1 1903 34.0* 24 707 88.6 2.6 1.40 0.2 10.9 1906 213.0 41.7 1906Q 213.0 57 41.7 151 60.58 0 15.02 51.5 6267 184.50 241/170 6390 55.1
Allcargo Logistics 2 1903 49.1 55 1508 190.8 7.8 3.50 0.3 14.2 1906 423.8 31.3 1906Q 423.8 22 31.3 85 70.01 0 15.75 57.2 2473 100.65 126/87 2605 12.0
Apollo TriCoat Tubes 2 1903 6.0 44 7 2.6 0.9 - 0.0 2.0 1906 51.7 3.7 1906Q 51.7 1891 3.7 221 63.90 0 0.39 3.7 594 197.60 215/107 586 123.7
Arshiya 2 1903 48.7 70 131 -35.2 -1.4 - 1.1 - 1906 67.3 10.5 1906Q 67.3 346 10.5 152 52.09 100 2.53 9.7 613 25.15 45/15 1880 -
Future Supply Chain 10 1903 40.1* 150 1113 65.2 16.3 1.25 0.4 10.9 1906 298.9 3.4 1906Q 298.9 31 3.4 -81 52.42 0 22.94 30.5 2113 527.20 700/499 2214 35.0
*Gateway Distriparks 10 1903 108.7 69 367 88.2 8.1 4.50 0.8 11.7 1906 139.3 42.3 1906Q 139.3 59 42.3 126 30.00 31 57.70 33.1 1138 104.70 175/89 1727 10.2
Mahindra Logistics L 10 1903 71.4 70 3666 84.4 11.8 1.80 0.0 16.9 1906 854.8 18.6 1906Q 854.8 -3 18.6 -21 58.52 0 30.73 53.0 2426 339.55 575/325 2356 30.6
Navkar Corporation L 10 1903 150.5 117 483 52.8 3.5 - 0.2 3.0 1906 136.5 11.4 1906Q 136.5 17 11.4 -62 69.02 0 9.13 40.2 575 38.20 108/18 898 16.9
Snowman Logistics Lt 10 1903 167.1 26 233 9.7 0.6 - 0.2 2.2 1906 62.1 -9.0 1906Q 62.1 11 -9.0 -1318 40.25 0 0.26 70.2 485 29.05 40/27 563 -
TCI Express 2 1903 7.7* 70 1024 72.8 19.0 3.00 0.0 27.3 1906 256.2 18.4 1906Q 256.2 3 18.4 14 66.96 0 12.24 25.4 2395 624.45 766/510 2384 31.9
VRL Logistics Ltd. 10 1903 90.3 71 2110 91.9 10.2 5.50 0.2 14.2 1906 539.6 27.5 1906Q 539.6 2 27.5 14 68.05 0 25.59 34.7 2409 266.60 319/222 2526 25.3
58 LPG BOTTLING/DISTRI BUTION
IND. COMPOSITE 264 11419 1022 21
Confidence Petroleum 1 1903 27.4 13 873 59.1 2.2 0.10 0.2 16.0 1906 246.9 14.2 1906Q 246.9 50 14.2 7 52.31 1 5.82 27.6 932 34.05 48/19 969 15.5
Gujarat Gas 2 1903 137.7 32 7754 417.0 6.1 1.00 1.0 19.1 1906 2614.6 233.7 1906Q 2614.6 48 233.7 93 60.89 0 17.37 33.4 11985 174.10 195/116 13765 22.6
Mahanagar Gas 10 1903 98.8 243 2791 546.4 55.3 20.00 0.0 22.8 1906 757.5 170.2 1906Q 757.5 22 170.2 33 42.49 0 36.97 119.2 8820 892.90 1057/755 8521 15.0
59 LUBRICANTS
IND. COMPOSITE 516 6902 1011 20
Castrol India 5 1812 494.6 12 3905 708.4 7.2 5.00 0.0 60.8 1906 1039.6 182.7 1906H 2015.8 4 367.7 6 51.00 0 28.87 188.1 12864 130.05 173/113 12120 17.6
*GOCL Corporation 2 1903 9.9 78 99 27.9 5.6 2.00 0.0 7.2 1906 22.1 1.0 1906Q 22.1 -17 1.0 -68 74.93 0 5.05 32.7 1557 314.00 360/219 1526 60.5
Gulf Oil Lubricants 2 1903 10.0* 117 1706 177.8 35.5 11.50 0.5 30.3 1906 440.7 48.7 1906Q 440.7 13 48.7 21 72.72 0 16.12 52.1 4304 859.30 909/618 4294 23.1
Tide Water Oil 5 1903 1.7 1856 1193 96.7 277.5 235.00 0.0 14.9 1906 295.7 21.7 1906Q 295.7 2 21.7 -7 57.27 0 11.82 21.7 1539 4417.30 6101/4350 1386 16.2
60 MEDIA - PRINT
IND. COMPOSITE 476 9621 787 12
DB Corp 10 1903 174.9* 105 2463 273.9 15.7 10.00 0.0 14.9 1906 607.0 93.7 1906Q 607.0 -4 93.7 -4 71.60 31 20.74 21.5 2423 138.50 228/131 2342 9.0
Gala Global Products 5 1903 27.3 7 100 3.4 0.6 - 0.2 9.2 1906 37.6 1.2 1906Q 37.6 65 1.2 17 74.41 0 0.00 4.1 415 76.00XB 79/34 420 -
Hindustan Media Vent 10 1903 73.4 189 866 71.9 9.8 1.20 0.1 5.2 1906 217.9 39.7 1906Q 217.9 -4 39.7 201 74.30 0 15.82 12.3 572 78.00 163/61 632 5.8
HT Media 2 1903 46.5 70 1302 -138.9 -6.0 0.40 0.6 - 1906 307.4 -142.5 1906Q 307.4 -1 -142.5 -3735 69.50 0 13.23 33.6 512 22.00 53/21 1504 -
*Jagran Prakashan 2 1903 59.3 45 1940 219.9 7.4 3.50 0.2 16.5 1906 488.8 59.5 1906Q 488.8 -2 59.5 -22 61.31 0 21.90 43.6 2044 68.95 128/59 2306 10.0
Kokuyo Camlin 1 1903 10.0 25 689 15.2 1.5 - 0.6 6.1 1906 203.3 5.0 1906Q 203.3 -1 5.0 -41 74.98 0 0.28 17.8 734 73.20 147/58 863 62.8
MPS Ltd. 10 1903 18.6 247 224 74.7 40.1 25.00 0.0 16.3 1906 46.8 12.4 1906Q 46.8 -17 12.4 -29 67.77 0 6.75 12.1 930 499.30 598/425 896 13.3
Navneet Education 2 1903 45.8 38 1361 177.5 7.8 1.00 0.3 20.4 1906 795.0 147.4 1906Q 795.0 19 147.4 17 61.78 0 21.89 28.1 2404 105.05 120/95 2681 12.1
Repro India Ltd. 10 1903 12.1 230 261 26.7 22.1 - 0.4 9.6 1906 69.0 7.2 1906Q 69.0 -0 7.2 30 52.64 0 17.74 7.0 677 560.00 666/480 784 23.9
Sandesh 10 1903 7.6 956 417 63.1 83.4 - 0.0 8.7 1906 89.9 13.1 1906Q 89.9 -26 13.1 -24 74.81 0 0.00 5.5 453 599.00 965/534 371 7.7

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 45

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
61 MEDICAL - OTHERS
IND. COMPOSITE 44 587 66 19
*Poly Medicure Lt 5 1903 44.1 43 587 66.3 7.5 2.00 0.3 17.4 1906 152.4 20.2 1906Q 152.4 16 20.2 48 48.74 0 5.08 5.2 1885 213.55 251/167 1958 25.8
62 METAL - NON-FERROUS
IND. COMPOSITE 1424 27278 8201 12
Hind. Copper 5 1903 462.6 18 1816 145.5 1.6 0.52 0.7 8.9 1906 304.1 21.2 1906Q 304.1 -28 21.2 -40 76.04 0 14.25 132.5 3405 36.80 62/28 4464 25.9
Hind. Zinc 2 1903 845.1 80 21118 7956.0 18.8 20.00 0.1 23.7 1906 4987.0 1765.0 1906Q 4987.0 -6 1765.0 -8 64.92 0 3.89 111.2 91858 217.40 309/193 94373 11.8
Precision Wires 5 1903 11.6 115 1759 41.8 18.1 4.50 0.1 15.8 1906 427.0 8.1 1906Q 427.0 -3 8.1 -32 59.66 0 0.96 12.1 380 164.30 250/136 353 10.0
*Tin Plate Co. 10 1903 104.7 68 2584 58.0 5.5 2.00 0.0 8.2 1906 561.3 8.8 1906Q 561.3 -1 8.8 -7 74.95 0 1.34 66.2 1292 123.40 197/87 1259 22.5
63 MINING/MINERALS
IND. COMPOSITE 7793 57759 20602 11
Coal India 10 1903 6162.7 23 934 10469.7 17.0 13.10 0.0 74.8 1906 194.6 83.2 1906Q 194.6 218 83.2 22 70.95 0 26.37 630.4 123224 199.95 288/178 122970 11.8
*Guj. Mineral Dev 2 1903 63.6 135 1997 138.8 4.4 2.00 0.0 3.2 1906 537.3 95.9 1906Q 537.3 -20 95.9 -49 74.00 0 13.37 67.3 2054 64.60 109/59 2035 42.9
KIOCL 10 1903 621.9 32 1888 111.9 1.8 1.33 0.0 5.6 1906 598.4 16.6 1906Q 598.4 52 16.6 560 99.05 0 0.49 10.0 7699 123.80 189/109 6130 58.3
MOIL Ltd. 10 1903 257.6 120 1441 473.9 18.4 5.50 0.0 15.4 1906 280.1 90.7 1906Q 280.1 -11 90.7 -20 65.69 0 17.46 281.9 3135 121.70 193/118 873 6.9
NMDC Ltd. 1 1903 306.2 85 12153 4642.1 15.2 5.52 0.0 17.9 1906 3263.7 1179.3 1906Q 3263.7 35 1179.3 21 72.27 0 22.83 239.8 26715 87.25 120/75 22471 5.5
Orissa Minerals Deve 1 1903 0.6 225 - -451.6 -752.7 - 0.1 - 1906 0.0 -20.8 1906Q 0.0 -100 -20.8 -264 50.01 0 20.00 18.5 427 712.30 1084/527 -343 -
Sandur M & I Ore 10 1903 8.8 761 702 142.4 162.8 7.00 0.0 21.4 1906 196.4 53.3 1906Q 196.4 -4 53.3 2 72.45 55 2.95 9.6 630 720.45 1348/641 608 4.4
Vedanta 1 1903 371.7 210 38644 5075.0 13.7 18.85 0.5 6.5 1906 8617.0 -250.0 1906Q 8617.0 -11 -250.0 -292 50.13 0 35.44 605.8 59029 158.80 247/126 92837 12.6
64 MISCELLANEOUS
IND. COMPOSITE 1615 28778 4948 33
Adani Ports & Speci 2 1903 414.2 98 5336 2637.7 12.7 0.20 1.2 13.0 1906 1204.3 489.2 1906Q 1204.3 11 489.2 36 62.30 32 34.10 263.2 78810 380.55 430/294 99297 28.5
Delta Corp Ltd. 1 1903 27.1 71 475 183.3 6.8 1.25 0.0 9.5 1906 119.9 43.8 1906Q 119.9 9 43.8 53 32.77 6 26.01 96.0 5107 188.50 278/116 5079 25.7
Dredging Corpora 10 1903 28.0 565 692 44.6 15.9 3.00 0.4 2.8 1906 196.5 0.8 1906Q 196.5 40 0.8 -71 73.47 0 9.76 51.5 938 335.15 479/287 1534 22.1
IFGL Refractories 10 1903 36.0 140 479 26.0 7.2 2.50 0.1 5.1 1906 140.3 8.6 1906Q 140.3 15 8.6 16 72.43 0 16.51 12.6 577 160.00 272/125 633 21.2
*Indraprastha Gas Ltd 2 1903 140.0 59 5765 786.7 11.2 0.34 0.0 19.0 1906 1576.1 218.4 1906Q 1576.1 22 218.4 24 45.00 0 39.53 104.9 23716 338.80 350/215 23109 28.6
Info Edge (India) 10 1903 122.3 190 1098 281.7 23.0 6.00 0.0 12.1 1906 312.8 66.7 1906Q 312.8 21 66.7 6 40.61 0 48.58 27.6 25381 2075.05 2432/1313 25276 88.9
*Jain Irrigation 2 1903 99.3 95 4443 234.5 4.7 2.00 0.3 5.0 1906 828.1 16.3 1906Q 828.1 -24 16.3 -63 28.64 51 32.12 207.2 1085 21.85 82/16 2524 5.2
Linde India 10 1812 85.3 167 2192 33.5 3.9 1.00 0.5 2.3 1906 498.2 20.2 1906H 939.3 -13 55.7 631 74.99 0 15.70 19.4 4167 488.55 819/386 4698 51.1
Morganite Crucible ( 10 1903 2.8 354 120 15.4 54.9 16.00 0.0 15.5 1906 34.0 4.2 1906Q 34.0 7 4.2 -27 75.00 0 1.23 3.8 450 1606.65 2088/1265 409 33.2
Nirlon 10 1903 90.1 39 299 63.7 7.1 0.75 2.4 18.1 1906 75.4 25.6 1906Q 75.4 2 25.6 71 71.29 3 11.79 36.0 1893 210.05 223/165 2741 25.5
Orient Refractories 1 1903 12.0 31 748 89.8 7.5 2.50 0.0 23.9 1906 188.4 22.3 1906Q 188.4 8 22.3 2 66.48 0 15.51 16.0 2341 194.85 276/164 2313 26.0
Solar Industries Ind 2 1903 18.1 98 1663 191.5 21.2 7.00 0.1 21.6 1906 403.3 50.0 1906Q 403.3 4 50.0 2 73.14 0 22.01 13.3 9732 1075.50 1300/924 9787 50.5
Sun Pharma Advanced 1 1903 26.2 11 183 -145.4 -5.5 - 0.0 - 1906 17.3 -94.2 1906Q 17.3 3 -94.2 -46 68.46 3 4.95 81.5 4066 155.15 392/107 4066 -
Syngene Internationa 10 1903 400.0* 49 1826 330.7 8.3 0.50 0.3 16.8 1906 420.9 71.9 1906Q 420.9 4 71.9 9 71.03 0 22.22 46.3 12682 317.05XB 368/255 12799 37.7
Thomas Cook (I) 1 1903 37.1* 46 2253 26.5 0.7 0.38 0.0 1.5 1906 931.2 36.6 1906Q 931.2 5 36.6 -3 0.00 0 60.36 60.8 5804 156.50 264/121 5168 -
Vesuvius India 10 1812 20.3 364 925 92.5 45.6 7.00 0.0 12.5 1906 218.7 19.6 1906H 441.3 -5 41.2 -11 55.56 0 20.80 12.7 2013 991.65 1322/894 1593 23.1
*Wonderla Holidays Lt 10 1903 56.5* 145 282 55.4 9.8 1.80 0.0 6.8 1906 117.6 42.0 1906Q 117.6 13 42.0 27 69.34 0 17.49 26.7 1610 284.90 321/232 1568 25.0
65 MOBILE PHONE SERVIC E P ROVIDER
IND. COMPOSITE 34369 96244 -20206
Bharti Airtel 5 1903 2566.0* 249 49608 -1829.0 -3.6 2.50 0.9 - 1906 12833.1 -1303.7 1906Q 12833.1 3 -1303.7 11 62.70 0 35.18 190.7 182647 355.90 379/264 266217 -
MTNL 10 1903 630.0 -155 1988 -3390.2 -53.8 - -2.6 - 1906 412.4 -1053.0 1906Q 412.4 -16 -1053.0 -12 56.25 0 16.15 132.4 363 5.76 19/4 16972 -
OnMobile Global Ltd. 10 1903 105.7 69 230 32.8 3.1 1.50 0.0 4.5 1906 50.0 -2.2 1906Q 50.0 -22 -2.2 -128 48.17 0 2.19 34.4 389 36.80 50/26 315 17.0
Tata Communications 10 1903 285.0 288 5389 -442.3 -15.5 4.50 0.0 - 1906 1373.1 167.0 1906Q 1373.1 12 167.0 136 67.84 3 25.53 53.3 8577 300.95 627/260 8728 -
Tata Teleservices (M 10 1903 1954.9 -76 1277 -667.6 -3.4 - -0.9 - 1906 293.4 -228.8 1906Q 293.4 -12 -228.8 50 74.35 0 0.24 329.7 686 3.51 5/2 14840 -
Tejas Networks 10 1903 92.1* 140 894 146.7 15.9 1.00 0.0 11.4 1906 160.6 5.8 1906Q 160.6 -32 5.8 -87 0.00 0 38.98 24.3 744 80.75 294/75 621 6.9
Vodafone Idea L 10 1903 28735.4* 19 36859 -14056.0 -4.9 - 1.7 - 1906 11208.5 -5038.3 1906Q 11208.5 92 -5038.3 -972 71.57 0 22.81 387.9 16781 5.84 23/5 124521 -
66 OIL DRILLING AND EX PLORATION
IND. COMPOSITE 12055 198708 3 5481 7
GAIL (India) Ltd. 10 1903 4548.7* 102 75126 6025.7 13.2 7.13 0.0 13.0 1906 18310.6 1287.5 1906Q 18310.6 6 1287.5 2 52.19 0 34.90 213.6 61248 134.65XB 197/120 60904 10.1
*Hind. Oil Explor 10 1903 132.2* 40 237 149.0 11.3 - 0.0 28.4 1906 49.4 30.8 1906Q 49.4 41 30.8 32 0.00 0 10.39 65.2 1348 101.90 151/90 1322 8.6
Oil India Ltd. 10 1903 1084.4 256 13735 2590.1 23.9 10.25 0.3 9.3 1906 3373.4 624.8 1906Q 3373.4 -1 624.8 -11 61.61 0 22.24 137.0 16619 153.25 227/140 17749 6.6
ONGC 5 1903 6290.1 161 109609 26715.8 21.2 7.00 0.1 13.2 1906 26554.7 5904.3 1906Q 26554.7 -2 5904.3 -4 64.24 0 22.21 607.4 168073 133.60 185/116 189162 6.3
67 PACKAGING
IND. COMPOSITE 296 18140 312 13
Cosmo Films 10 1903 19.4 358 2050 58.4 30.0 6.00 1.0 8.4 1906 507.6 24.2 1906Q 507.6 7 24.2 127 44.40 0 4.51 25.6 424 218.30 269/161 1004 5.9
Essel Propack Ltd. 2 1903 63.1 21 846 64.0 2.0 1.25 0.3 9.5 1906 197.0 14.7 1906Q 197.0 -9 14.7 -21 56.99 0 19.91 36.1 3400 107.80XB 138/79 3569 56.6
Garware Poly. 10 1903 23.2 587 923 74.3 32.0 10.00 0.1 5.4 1906 251.5 27.1 1906Q 251.5 9 27.1 28 60.71 0 3.72 21.7 549 236.25 290/186 672 6.8
Huhtamaki PPL 2 1812 15.1 74 2369 34.9 4.6 3.00 0.7 6.3 1906 633.8 27.9 1906H 1263.2 10 70.0 118 66.93 0 6.62 17.4 1750 231.70 290/155 2102 24.0
*Jindal Poly Films 10 1903 43.8 333 3694 -353.0 -80.6 1.00 0.6 - 1906 829.1 67.3 1906Q 829.1 -5 67.3 25 74.54 0 2.34 42.0 1087 248.20 321/210 1910 -
*Polyplex Corpn. 10 1903 32.0 174 1348 228.1 71.3 51.00 0.3 41.1 1906 332.7 132.5 1906Q 332.7 5 132.5 11 50.02 0 7.89 18.2 1464 457.80 655/430 1647 6.1
*Safari Indus. 2 1903 4.5* 89 573 27.0 12.1 0.08 0.5 13.5 1906 203.1 8.6 1906Q 203.1 30 8.6 -29 57.60 0 24.44 7.5 1251 560.10 918/481 1354 53.4
*Time Technoplast Ltd 1 1903 22.6 60 2117 126.2 5.6 0.90 0.4 9.3 1906 498.5 24.6 1906Q 498.5 11 24.6 0 51.18 17 31.29 30.2 1447 64.00 155/55 2007 11.5
*Uflex Ltd. 10 1903 72.2 297 4221 51.7 7.2 2.00 0.5 2.4 1906 1050.9 14.0 1906Q 1050.9 3 14.0 -5 44.01 10 8.01 43.3 1645 227.80 334/181 2693 32.4
68 PAINTS/VARNISHES
IND. COMPOSITE 331 30412 3193 71
Akzo Nobel India Ltd 10 1903 45.5 249 2918 211.0 46.3 24.00 0.0 18.6 1906 719.7 57.1 1906Q 719.7 1 57.1 31 74.75 0 9.71 39.2 8138 1787.00 1862/1471 8079 36.2
Asian Paints Ltd. 1 1903 95.9 93 16392 2134.8 22.3 10.50 0.0 24.0 1906 4380.2 652.5 1906Q 4380.2 18 652.5 20 52.79 12 25.59 233.2 160411 1672.35 1724/1120 160259 71.5
Berger Paints I 1 1903 97.1 24 5516 439.0 4.5 1.90 0.1 18.5 1906 1585.2 164.4 1906Q 1585.2 16 164.4 26 74.99 0 13.58 80.4 38801 399.55 401/261 38885 82.0
Kansai Nerolac Paint 1 1903 53.9 64 5174 467.4 8.7 2.60 0.0 13.6 1906 1463.5 147.9 1906Q 1463.5 6 147.9 6 74.98 0 15.40 52.4 26027 482.95 502/343 25949 54.7
Shalimar Paints 2 1903 10.9 53 288 -81.5 -15.0 - 1.4 - 1906 85.1 -5.3 1906Q 85.1 65 -5.3 64 53.09 0 4.87 15.7 433 79.80 98/56 589 -
Sirca Paints India 10 1903 27.4* 35 125 22.2 8.1 - 0.1 23.5 - - - - - - - - 59.75 0 7.59 0.6 517 188.50XB 220/118 507 -
69 PAPER
IND. COMPOSITE 512 18729 1673 7
Astron Paper & Board 10 1903 46.5 32 374 24.6 5.3 - 0.6 16.4 1906 82.7 5.4 1906Q 82.7 3 5.4 3 43.78 5 2.02 17.2 531 114.30 135/79 591 21.4

46 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Emami Paper Mill 2 1903 12.1 43 1528 44.0 7.3 1.20 5.7 17.0 1906 354.1 1.0 1906Q 354.1 -7 1.0 -95 74.97 36 7.41 2.5 571 94.35 250/62 1869 23.5
International Paper 10 1903 39.8 192 1427 200.1 50.3 - 0.0 26.2 1906 368.3 61.0 1906Q 368.3 8 61.0 36 74.99 0 4.86 18.1 1786 449.00 555/383 1731 8.3
JK Paper Ltd. 10 1903 178.2 115 3256 437.2 24.5 3.50 0.5 21.4 1906 712.5 136.2 1906Q 712.5 -10 136.2 43 48.39 0 8.19 71.2 2421 135.85 190/93 3499 5.1
Kuantum Papers 10 1903 8.7 878 793 77.9 89.3 5.00 0.4 10.2 1906 188.6 18.4 1906Q 188.6 3 18.4 -3 70.30 19 0.00 9.3 397 454.60 734/330 602 5.1
Kushal L 2 1903 63.4* 41 358 13.3 0.4 - 0.1 1.0 1906 59.0 0.1 1906Q 59.0 3 0.1 -96 65.69 0 0.02 22.8 394 12.43 59/8 406 -
N R Agarwal Indu 10 1903 17.0 184 1318 94.6 55.6 4.00 1.1 30.3 1906 359.9 23.7 1906Q 359.9 13 23.7 -18 73.31 0 1.72 8.6 448 263.15 584/150 681 5.0
Orient Paper 1 1903 21.2 65 710 101.6 4.8 1.10 0.0 7.3 1906 149.8 8.0 1906Q 149.8 11 8.0 -57 38.51 0 17.44 51.5 651 30.70 53/19 668 7.2
Satia Industries 10 1903 10.0 308 738 87.8 87.8 2.50 0.7 28.5 1906 224.5 26.5 1906Q 224.5 25 26.5 41 51.67 17 0.00 1.1 726 725.85 781/471 877 7.6
Seshasayee Paper 2 1903 12.6* 138 1325 190.0 30.1 4.00 0.1 21.9 1906 278.4 38.8 1906Q 278.4 1 38.8 44 42.65 0 5.08 12.3 1259 199.70 251/160 1000 6.2
Shrenik L 2 1903 20.4 6 837 11.1 1.1 0.20 2.2 17.5 - - - - - - - - 73.54 0 0.00 0.5 452 44.35 120/39 571 -
*T Nadu Newsprint 10 1903 69.2 239 4083 94.4 13.6 7.50 0.9 5.7 1906 951.1 77.1 1906Q 951.1 3 77.1 212 35.31 0 36.66 32.3 1340 193.55 294/151 2818 9.1
West Coast Paper 2 1903 13.2 167 1980 296.1 44.8 5.00 0.3 26.9 1906 535.3 102.1 1906Q 535.3 16 102.1 21 56.71 0 14.66 26.4 1744 264.10 415/210 2049 5.6
70 PESTICIDES/AGRO CHE MICALS
IND. COMPOSITE 443 25478 2190 41
Astec Lifesciences L 10 1903 19.6* 103 431 35.7 18.2 1.50 0.9 17.7 1906 77.0 -1.1 1906Q 77.0 18 -1.1 -176 68.13 0 3.07 12.5 742 379.05 587/305 916 22.4
BayerCropscience 10 1903 34.3 549 2686 237.6 69.2 18.00 0.0 12.6 1906 663.6 59.3 1906Q 663.6 -20 59.3 -60 68.69 0 19.68 43.4 11660 3396.20 4475/2952 11332 77.9
*Bharat Rasayan 10 1903 4.2 962 992 111.5 262.5 1.50 0.6 27.3 1906 354.4 41.7 1906Q 354.4 45 41.7 67 74.82 0 0.21 6.5 2299 5410.70 7434/3352 2536 17.9
Dhanuka Agritech Ltd 2 1903 9.5 135 1006 112.6 23.7 0.60 0.0 17.5 1906 219.0 14.8 1906Q 219.0 3 14.8 -9 74.99 0 11.98 25.8 1556 327.05 528/304 1577 14.0
*Excel Industries 5 1903 6.3 470 806 152.1 121.0 18.75 0.0 25.8 1906 189.5 27.2 1906Q 189.5 -1 27.2 -30 52.37 0 8.92 17.6 1135 902.90 1845/735 1138 8.1
*Insecticides (India) 10 1903 20.7 320 1192 122.4 59.2 2.00 0.4 18.5 1906 358.4 35.9 1906Q 358.4 12 35.9 6 68.74 0 18.95 11.7 1244 601.80 740/370 1531 10.0
*Meghmani Organics 1 1903 25.4 33 1410 168.7 6.6 1.00 0.3 20.1 1906 451.3 28.3 1906Q 451.3 46 28.3 -67 48.19 0 2.81 110.6 1448 56.95 89/41 1730 12.9
Monsanto India 10 1903 17.3 409 670 151.7 87.9 50.00 0.0 21.4 1906 286.8 76.0 1906Q 286.8 10 76.0 15 81.83 0 2.41 20.2 3684 2134.10 3198/1832 3666 22.8
NACL Industries L 1 1903 16.7 17 865 -8.4 -0.5 - 0.9 - 1906 191.0 1.2 1906Q 191.0 -12 1.2 13 69.67 40 1.88 12.7 465 27.75 35/24 675 -
PI Industries 1 1903 13.8 164 2841 407.7 29.5 4.00 0.0 18.0 1906 754.1 100.8 1906Q 754.1 25 100.8 23 51.37 0 31.75 40.4 17254 1250.00 1307/692 17181 40.4
Punjab Chemicals and 10 1903 12.3 83 640 20.3 16.5 1.50 1.2 20.0 1906 167.6 4.5 1906Q 167.6 18 4.5 -29 40.03 0 3.63 14.6 688 560.95 764/460 783 37.4
Rallis India 1 1903 19.4 64 1672 129.0 6.6 2.50 0.1 10.3 1906 363.1 8.3 1906Q 363.1 3 8.3 7 53.05 0 18.37 63.1 3400 174.85 199/139 3430 26.2
Sharda Cropchem 10 1903 90.2 130 1607 144.0 16.0 4.00 0.0 12.3 1906 313.9 27.6 1906Q 313.9 -14 27.6 -1 74.77 0 22.12 16.4 2683 297.35 420/260 2601 18.7
UPL 2 1903 152.8* 104 8660 405.0 5.3 8.00 0.2 5.1 1906 2337.0 13.0 1906Q 2337.0 1 13.0 -90 27.87 2 52.49 82.5 42992 562.70XB 709/388 44257 150.8
71 PETROCHEM
IND. COMPOSITE 943 14858 1296 17
*Bhansali Engg.Po 1 1903 16.6 18 1225 46.5 2.8 0.50 0.0 15.6 1906 313.3 21.9 1906Q 313.3 55 21.9 31 55.00 0 3.27 59.0 995 60.00 149/49 971 19.3
DCW Ltd. 2 1903 44.2 29 1353 -4.3 -0.2 - 1.1 - 1906 315.8 1.5 1906Q 315.8 -4 1.5 115 47.42 0 10.10 57.1 379 17.15 23/13 1066 -
GujaratStatePetronet 10 1903 564.1* 102 1877 794.7 14.1 2.00 0.2 13.8 1906 512.5 206.1 1906Q 512.5 31 206.1 43 37.64 0 38.21 119.2 12398 219.80 230/149 13525 14.5
*INEOS Styrolution 10 1903 17.6 354 2091 -12.5 -7.1 2.00 0.4 - 1906 443.5 9.3 1906Q 443.5 -25 9.3 -45 74.99 0 6.44 14.2 1143 650.00 783/365 1350 -
*NOCIL Ltd. 10 1903 165.4 69 1043 184.1 11.1 2.50 0.0 16.0 1906 229.6 32.7 1906Q 229.6 -14 32.7 -36 33.75 25 8.68 141.4 1733 104.75 182/74 1694 10.4
*Savita Oil Tech 10 1903 14.1 605 2263 114.3 81.2 2.50 0.0 13.4 1906 536.5 28.4 1906Q 536.5 -1 28.4 56 71.75 0 16.26 8.3 1306 928.40 1515/860 1241 10.5
Sheela Foam 5 1903 24.4 137 1814 123.7 25.4 - 0.0 18.5 1906 435.7 34.6 1906Q 435.7 2 34.6 4 74.99 0 21.77 8.6 6171 1264.95 1788/1084 6159 49.4
Supreme Petroche 10 1903 96.5 67 3194 49.2 5.1 3.00 0.0 7.7 1906 770.7 41.0 1906Q 770.7 -8 41.0 105 62.31 0 2.98 38.7 1680 174.05 255/165 1641 23.9
72 PHARMACEUTICALS
IND. COMPOSITE 2904 147825 20017 28
*Aarti Drugs Ltd 10 1903 23.3 222 1454 87.3 37.4 1.00 0.9 16.8 1906 370.0 21.6 1906Q 370.0 5 21.6 -4 62.25 0 5.33 20.3 1080 463.50 705/419 1517 12.5
Abbott India Ltd. 10 1903 21.2 945 3679 450.3 211.9 65.00 0.0 22.4 1906 998.9 116.9 1906Q 998.9 18 116.9 42 74.98 0 9.20 26.2 21683 10203.95 10254/6900 19998 44.7
Ajanta Pharma Lt 2 1903 17.5 245 1773 391.8 44.9 9.00 0.0 18.3 1906 545.7 123.6 1906Q 545.7 23 123.6 -18 70.51 13 19.43 38.0 9233 1058.15 1204/840 9197 25.3
*Alembic Ltd. 2 1903 51.4 16 124 41.1 1.6 0.20 0.0 10.0 1906 26.0 2.0 1906Q 26.0 -42 2.0 -71 65.22 0 7.11 59.3 1319 51.35 53/33 1317 34.2
Alembic Pharmaceutic 2 1903 37.7 144 3660 611.2 32.4 5.50 0.3 22.5 1906 896.7 155.2 1906Q 896.7 11 155.2 36 72.96 0 14.96 41.6 9760 517.75 664/435 10469 15.0
Alkem Laboratories 2 1903 23.9 457 5714 799.8 66.9 16.00 0.1 14.6 1906 1498.5 210.6 1906Q 1498.5 17 210.6 63 66.02 0 8.41 72.5 23284 1947.40 2098/1660 23389 26.4
Amrutanjan Health Ca 1 1903 2.9 50 253 24.5 8.4 2.15 0.0 16.8 1906 44.6 -0.7 1906Q 44.6 25 -0.7 54 50.02 0 10.95 18.3 918 314.15 358/236 884 36.2
Anuh Pharma Ltd 5 1903 12.5 66 321 23.4 9.3 2.75 0.0 14.2 1906 84.9 5.9 1906Q 84.9 6 5.9 3 71.77 0 0.00 9.3 378 150.80 173/101 372 16.1
AstraZeneca Pharma I 2 1903 5.0 120 728 54.5 21.8 - 0.0 18.1 1906 204.6 21.5 1906Q 204.6 27 21.5 237 75.00 0 6.51 14.3 5122 2048.75 2399/1307 4949 73.6
Aurobindo Pharma 1 1903 58.6* 194 12258 1529.7 26.1 2.50 0.4 13.5 1906 3078.8 330.5 1906Q 3078.8 20 330.5 47 51.87 4 35.21 179.9 36287 619.30 838/537 40731 22.2
Biocon 5 1903 600.0* 59 2885 492.7 4.1 0.33 0.0 6.9 1906 480.8 111.9 1906Q 480.8 -28 111.9 -51 60.66 0 20.71 197.8 27360 228.00XB 359/211 27005 73.0
Bliss GVS Pharma 1 1903 10.3 58 427 74.4 7.2 1.00 0.1 12.3 1906 115.2 23.9 1906Q 115.2 10 23.9 -12 41.53 0 28.89 14.5 1077 104.40 197/74 1051 15.1
Cadila Healthcar 1 1903 102.4 87 6493 1602.1 15.6 3.50 0.3 17.9 1906 1343.8 78.7 1906Q 1343.8 -11 78.7 -75 74.79 0 16.28 127.8 25312 247.25 415/206 28140 18.5
Caplin Point Lab 2 1903 15.1 56 537 148.2 19.6 2.20 0.0 34.8 1906 157.8 60.1 1906Q 157.8 26 60.1 45 69.02 0 7.59 25.6 3189 421.55 490/305 3144 19.1
Cipla 2 1903 161.2* 196 12374 1888.4 23.4 3.00 0.0 12.0 1906 3229.3 694.0 1906Q 3229.3 8 694.0 78 36.66 0 41.80 209.3 37348 463.40 677/446 37173 17.0
DIL 5 1903 4.6 65 19 -2.7 -2.9 1.25 2.2 - 1906 5.4 -2.2 1906Q 5.4 18 -2.2 50 62.59 0 0.60 5.0 825 899.80XB 1125/600 958 -
Dishman Carbogen Amc 2 1903 32.3 303 549 56.0 3.5 0.20 0.1 1.1 1906 133.4 3.5 1906Q 133.4 9 3.5 -34 61.40 0 20.98 53.1 2870 177.80 275/160 3309 53.0
Divi's Lab 2 1903 53.1 263 4880 1332.7 50.2 16.00 0.0 19.1 1906 1139.9 267.4 1906Q 1139.9 15 267.4 0 52.00 0 35.81 81.9 43509 1638.95 1769/1214 43509 32.6
Dr. Reddy's Labs 5 1903 83.1* 763 10626 1277.3 76.9 20.00 0.1 10.1 1906 2508.7 548.1 1906Q 2508.7 -4 548.1 67 26.76 0 44.49 120.6 46996 2828.60 2965/2065 47774 31.4
*Eris Lifesciences 1 1903 13.8 84 897 285.4 20.8 - 0.0 24.7 1906 262.3 82.0 1906Q 262.3 16 82.0 17 56.23 0 19.63 29.6 5865 426.50 780/358 5859 19.7
*FDC Ltd. 1 1903 17.4 82 1076 171.5 9.8 - 0.0 12.0 1906 337.0 52.3 1906Q 337.0 18 52.3 2 69.07 0 14.60 37.7 3027 173.55 247/148 3012 17.5
GlaxoSmithKline Phar 10 1903 169.4 126 3129 425.4 25.1 20.00 0.0 19.9 1906 788.0 113.5 1906Q 788.0 7 113.5 28 74.99 0 12.46 94.0 23467 1385.25XB 1695/1131 22312 52.1
*Glenmark Pharma 1 1903 28.2 423 6305 1622.1 57.5 2.00 0.3 13.6 1906 1498.8 227.8 1906Q 1498.8 -7 227.8 -43 46.57 0 38.71 124.3 9937 352.15 707/348 12815 6.8
Granules India L 1 1903 25.7* 55 2098 161.8 6.3 1.00 0.7 11.4 1906 567.8 59.5 1906Q 567.8 29 59.5 50 42.90 43 16.98 101.9 2750 106.95 120/79 3620 15.1
Gufic BioSciences Lt 1 1903 7.8 10 350 21.8 2.8 0.05 1.4 28.9 1906 92.4 6.8 1906Q 92.4 18 6.8 73 65.75 0 9.81 17.0 522 67.05 127/51 592 21.0
*Hester Biosciences L 10 1903 8.5 211 171 43.9 51.5 11.00 0.2 24.4 1906 42.4 9.8 1906Q 42.4 11 9.8 1 54.09 0 2.35 8.5 1541 1811.80 1930/1040 1570 35.1
Hikal Ltd. 2 1903 24.7 61 1590 103.1 8.4 1.20 0.8 13.6 1906 403.2 25.2 1906Q 403.2 24 25.2 58 68.76 0 7.28 32.5 1922 155.90XB 189/140 2490 17.1
*Indoco Remedies 2 1903 18.4 72 968 -2.8 -0.3 0.30 0.4 - 1906 252.7 2.2 1906Q 252.7 16 2.2 118 58.67 0 17.28 15.2 1458 158.20 238/134 1664 -
IOL Chemicals and Ph 10 1903 56.9 83 1685 236.7 41.6 - 1.8 49.9 1906 492.8 85.3 1906Q 492.8 36 85.3 492 41.89 0 2.02 26.2 1042 183.20 235/108 1416 3.4
Ipca Laboratorie 2 1903 25.3 248 3633 454.9 36.0 3.00 0.1 14.5 1906 1011.0 132.1 1906Q 1011.0 18 132.1 102 46.07 0 39.64 60.4 12041 952.95 1042/590 12111 23.1
J B Chemicals & Phar 2 1903 16.0 185 1501 182.1 22.7 5.00 0.0 12.3 1906 410.8 59.1 1906Q 410.8 12 59.1 41 56.02 0 21.08 32.2 3167 394.70 411/281 3172 15.9
*Jubilant Life Scienc 1 1903 15.9 147 3439 147.6 9.3 4.50 0.7 6.3 1906 789.8 32.3 1906Q 789.8 -4 32.3 35 50.67 0 31.64 48.0 8514 534.55 898/392 10082 54.6
Laurus Labs 10 1903 106.4 149 2236 95.0 8.9 1.50 0.6 6.0 1906 541.3 17.0 1906Q 541.3 2 17.0 7 32.82 31 44.55 46.7 3688 346.50 440/298 4604 38.4
Lupin Ltd. 2 1903 90.5* 378 11356 1538.8 34.0 5.00 0.0 9.0 1906 2940.8 445.9 1906Q 2940.8 14 445.9 4 46.96 0 38.38 301.3 34221 756.10 932/697 34162 22.0
Marksans Pharma 1 1903 40.9 11 424 43.6 1.1 0.05 0.2 9.3 1906 92.4 5.7 1906Q 92.4 -1 5.7 -59 48.24 0 3.69 125.4 562 13.74 37/11 628 -
Medicamen Biotec 10 1903 12.2 71 123 12.2 10.0 1.00 0.2 14.0 1906 31.1 3.3 1906Q 31.1 -5 3.3 2 44.77 0 0.46 4.6 453 370.75 556/325 445 37.5

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 47

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
Morepen Labs.Lt 2 1903 90.0 6 717 28.6 0.6 - 0.5 10.3 1906 189.5 8.4 1906Q 189.5 26 8.4 256 34.54 0 14.72 134.6 866 19.25 28/15 983 -
Natco Pharma 2 1903 36.4 196 1986 667.1 36.7 6.25 0.1 18.7 1906 464.7 147.7 1906Q 464.7 -10 147.7 -22 49.01 0 28.23 79.4 10269 564.95 801/482 10390 16.4
Neuland Laborat 10 1903 12.8 541 667 16.1 12.6 1.20 0.3 2.3 1906 181.0 5.6 1906Q 181.0 18 5.6 1261 35.90 4 37.77 10.5 638 497.05 825/431 810 29.9
*Novartis 5 1903 12.3 307 491 51.8 21.0 10.00 0.0 6.8 1906 109.3 0.8 1906Q 109.3 -21 0.8 -92 70.67 0 1.05 40.3 1606 650.50 855/558 994 37.7
*P&G Health 10 1812 16.6 928 849 838.7 505.3 440.00 0.0 54.5 1906 233.6 44.1 1906H 464.7 11 84.8 19 51.81 0 12.91 36.1 7724 4653.10 5121/2501 6480 9.1
*Panacea Biotec L 1 1903 6.1 67 96 26.6 4.3 - 0.4 6.5 1906 24.8 -29.2 1906Q 24.8 -74 -29.2 21 73.59 69 1.92 11.1 907 148.10 220/116 1056 26.5
Pfizer Ltd. 10 1903 45.7 658 2082 429.1 93.8 22.50 0.0 14.2 1906 544.4 112.8 1906Q 544.4 6 112.8 23 63.92 0 16.41 75.4 15043 3288.15 3472/2490 13131 33.4
Piramal Enterprises 2 1903 39.8 982 3671 -862.0 -43.3 28.00 0.6 - 1906 872.0 -38.8 1906Q 872.0 1 -38.8 96 46.10 0 37.61 120.3 36778 1849.55 2958/1652 47949 -
Sanofi India 10 1812 23.0 964 2771 380.6 165.3 84.00 0.0 17.1 1906 747.9 97.4 1906H 1465.2 13 190.3 5 60.39 0 28.26 26.3 13630 5918.25 6615/5300 12798 35.1
Sequent Scientific 2 1903 49.4 37 168 7.6 0.3 0.20 0.0 0.8 1906 52.1 1.4 1906Q 52.1 98 1.4 -46 56.49 42 12.31 17.6 2124 86.05 89/42 2161 -
Shilpa Medicare L 1 1903 8.2 157 664 124.1 15.2 1.00 0.1 9.7 1906 154.6 26.1 1906Q 154.6 -14 26.1 -39 53.80 9 26.58 16.1 2039 250.15 515/191 2108 19.0
SMS Pharmaceuticals 1 1903 8.5 40 465 41.5 4.9 0.20 0.4 12.2 1906 117.1 9.5 1906Q 117.1 -6 9.5 -6 67.26 11 0.02 15.7 380 44.85 86/42 497 9.3
*Solara Active Pharma 10 1903 25.8 334 1367 62.0 20.6 - 0.5 7.2 1906 314.1 25.3 1906Q 314.1 4 25.3 750 40.55 7 21.77 58.8 1101 427.30 492/257 1467 13.1
Strides Pharma Scien 10 1903 89.5 364 1537 110.4 12.3 3.00 0.2 3.4 1906 442.5 24.7 1906Q 442.5 27 24.7 134 31.23 13 49.50 77.8 3224 360.00 550/338 3852 25.9
Sun Pharma. 1 1903 239.9 95 10303 816.6 3.4 2.75 0.3 3.6 1906 3309.0 763.4 1906Q 3309.0 27 763.4 194 54.38 11 32.89 624.7 99320 413.95 655/350 104830 112.1
Suven Life Sciences 1 1903 12.7 78 664 150.1 11.8 1.50 0.0 15.1 1906 199.0 57.2 1906Q 199.0 4 57.2 47 60.00 0 7.80 62.9 3566 280.20 305/183 3590 21.2
Torrent Pharmac 5 1903 84.6 296 5762 745.4 44.0 17.00 0.9 14.9 1906 1603.0 223.0 1906Q 1603.0 10 223.0 83 71.24 0 18.79 37.2 29229 1727.25 1964/1453 33458 34.5
TTK Healthcare Ltd. 10 1903 14.1 178 628 24.4 17.2 5.00 0.2 9.7 1906 178.6 3.6 1906Q 178.6 3 3.6 -54 74.56 0 4.60 12.8 687 486.00 1065/423 598 34.1
Unichem Labs 2 1903 14.1 387 968 8.8 1.2 4.00 0.0 0.3 1906 232.5 0.5 1906Q 232.5 15 0.5 102 50.62 0 9.48 39.3 1372 194.90 227/158 1181 45.9
Wockhardt Ltd. 5 1903 55.4* 111 2150 -81.9 -7.4 - 1.2 - 1906 352.2 -82.9 1906Q 352.2 -35 -82.9 -449 74.05 2 6.00 114.3 3356 303.10 639/232 4400 -
Zota Healthcare 10 1903 24.6* 28 86 5.6 2.3 1.00 0.0 8.1 - - - - - - - - 67.86 0 0.00 2.2 476 194.00XB 237/174 474 -
73 PLANTATIONS - TEA AND C OFFEE
IND. COMPOSITE 242 6244 608 35
Andrew Yule & Co 2 U1903 97.8 4 311 10.1 0.2 - 0.1 5.1 1906 61.6 -8.4 1906Q 61.6 7 -8.4 17 89.24 0 4.75 29.6 663 13.55 26/10 608 -
Bombay Burmah 2 1903 14.0 37 242 -19.7 -2.8 1.00 1.6 - 1906 59.8 -9.5 1906Q 59.8 1 -9.5 -57 65.92 5 7.01 30.4 8915 1277.80 1688/740 9307 -
CCL Products India 2 1903 26.6 49 809 125.4 9.4 3.50 0.6 19.3 1906 206.1 82.2 1906Q 206.1 -6 82.2 241 45.27 0 30.67 19.6 3254 244.60 306/225 3576 17.7
Goodricke Group 10 1903 21.6 142 749 9.5 4.4 4.00 0.2 3.1 1906 168.8 5.8 1906Q 168.8 18 5.8 -19 74.00 0 0.00 14.6 370 171.45 320/150 404 45.4
*Tata Coffee Ltd. 1 1903 18.7 52 703 71.6 3.8 1.50 0.1 7.4 1906 200.3 14.4 1906Q 200.3 26 14.4 10 57.48 0 6.03 97.1 1522 81.50 111/67 1605 20.9
Tata Global Beverage 1 1903 63.1 70 3430 410.9 6.5 2.50 0.0 9.2 1906 968.8 106.1 1906Q 968.8 7 106.1 -28 34.45 4 39.72 191.5 16880 267.45 283/178 16411 45.7
74 PLASTICS - OTHERS
IND. COMPOSITE 329 18684 1465 34
Apollo Pipes 10 1903 13.1 176 362 23.9 18.3 1.00 1.4 10.4 1906 117.3 9.8 1906Q 117.3 16 9.8 12 47.10 0 18.71 5.7 474 361.60 534/315 425 19.0
Astral Poly Technik 1 1903 15.1* 77 1916 141.4 9.4 0.70 0.1 12.3 1906 472.5 34.1 1906Q 472.5 37 34.1 38 58.13 0 28.06 29.3 18286 1213.70XB 1265/652 18370 117.4
Finolex Industri 10 1903 124.1 204 3091 349.8 28.2 10.00 0.0 13.8 1906 943.8 72.5 1906Q 943.8 14 72.5 -30 52.47 0 13.55 124.3 7256 584.70 594/440 7317 22.7
Kingfa Science & Tec 10 1903 12.1 268 702 19.1 15.7 - 0.1 5.9 1906 183.9 10.5 1906Q 183.9 8 10.5 1282 74.99 0 6.57 8.2 745 615.15 818/540 695 25.9
*Mayur Uniquoters 5 1903 22.7 115 573 87.2 19.2 3.25 0.0 16.7 1906 128.2 15.9 1906Q 128.2 -9 15.9 -38 61.28 0 20.48 18.5 961 212.00 414/206 961 12.4
*Mold-Tek Packaging 5 1903 13.8 69 394 24.1 8.7 4.00 0.4 12.6 1906 115.9 10.9 1906Q 115.9 17 10.9 20 35.53 11 23.07 18.2 806 291.00 329/202 885 31.1
Nilkamal Ltd. 10 1903 14.9 593 2304 111.2 74.5 13.00 0.1 12.6 1906 525.7 30.0 1906Q 525.7 -8 30.0 -2 63.96 0 16.60 26.5 1614 1081.55 1846/890 1658 14.6
Plastiblends Ind 5 1903 13.0 103 627 31.2 12.0 1.25 0.5 11.6 1906 174.2 11.5 1906Q 174.2 8 11.5 14 63.03 0 3.16 10.0 518 199.45 245/160 629 15.9
*Responsive Industrie 1 1903 26.7 24 629 28.4 1.1 0.12 0.2 4.4 1906 122.8 7.3 1906Q 122.8 -42 7.3 -55 50.13 0 8.17 2.9 2625 98.35 105/67 2719 -
Shaily Engineering P 10 1903 8.3 164 338 19.3 23.2 - 0.7 14.2 1906 80.6 4.7 1906Q 80.6 -10 4.7 -18 51.06 0 13.03 4.7 543 653.20 1143/495 625 29.7
Supreme Inds. 2 1903 25.4 157 5612 461.0 36.3 13.00 0.1 23.1 1906 1436.8 74.2 1906Q 1436.8 7 74.2 -49 49.70 0 31.18 36.2 14674 1155.15 1200/936 14800 37.6
VIP Indus. 2 1903 28.3 39 1784 128.8 9.1 3.20 0.2 23.6 1906 564.2 37.5 1906Q 564.2 9 37.5 -37 53.45 0 17.57 85.0 6488 459.10 546/342 6565 60.9
Wim Plast Ltd 10 1903 12.0 272 352 39.3 32.7 7.00 0.0 12.0 1906 89.9 13.0 1906Q 89.9 -3 13.0 30 69.90 0 10.27 7.2 493 410.75 920/342 487 11.7
75 POWER - GENERATION/ DIS TRIBUTION
IND. COMPOSITE 46096 168435 1 6625 10
Adani Green Energy 10 1903 1564.0 9 318 -35.0 -0.2 - 2.1 - 1906 111.4 5.5 1906Q 111.4 208 5.5 153 74.91 37 20.61 84.3 8062 51.55 58/29 10972 -
Adani Power Ltd. 10 1903 3856.9 24 2404 -225.2 -0.6 - 2.1 - 1906 31.9 -1117.8 1906Q 31.9 -93 -1117.8 -2665 74.97 29 20.17 290.7 24627 63.85 69/21 43237 -
BF Utilities Ltd. 5 1903 18.8 34 18 27.2 7.2 - 0.5 21.2 1906 4.9 0.6 1906Q 4.9 19 0.6 -92 55.97 0 1.26 47.5 646 171.45 310/146 669 32.4
CESC Ltd. 10 1903 132.6 737 7754 937.0 70.7 17.50 0.6 9.6 1906 2359.0 217.0 1906Q 2359.0 9 217.0 19 49.91 0 39.94 52.7 11161 841.95 987/631 16865 11.5
*Guj. Industries 10 1903 151.3 170 1407 176.4 11.7 2.90 0.2 6.9 1906 353.7 85.3 1906Q 353.7 7 85.3 48 55.69 0 17.96 52.0 1065 70.40 86/64 1287 5.2
GVK Power & Infrastr 1 1903 157.9 12 23 113.9 0.7 - 0.3 6.2 1906 8.5 20.7 1906Q 8.5 170 20.7 28 54.25 0 4.92 264.4 660 4.18 10/4 1096 -
India Power Corp 1 1903 97.4 11 523 18.7 0.2 0.05 0.5 1.7 1906 113.9 2.1 1906Q 113.9 -22 2.1 -59 59.49 67 0.12 3.8 1227 12.60 18/9 1796 -
*Jaiprakash Power Ven 10 1903 5996.0 15 3732 -377.9 -0.6 - 1.0 - 1906 1032.0 -116.8 1906Q 1032.0 -5 -116.8 -2922 29.84 87 50.32 294.6 1025 1.71 3/1 9552 -
JSW Energy Ltd. 10 1903 1641.9* 62 5118 251.4 1.5 1.00 0.2 2.5 1906 1142.8 74.9 1906Q 1142.8 -13 74.9 92 74.92 58 15.24 125.0 10705 65.20 77/56 12647 37.3
*Nava Bharat Ventures 2 1903 35.2 165 1359 166.2 9.4 1.50 0.1 5.7 1906 323.3 35.9 1906Q 323.3 0 35.9 -21 45.56 0 21.29 25.0 1494 84.80 136/78 1695 9.6
NHPC 10 1903 10045.0 29 8161 2630.6 2.6 1.46 0.6 9.0 1906 2421.3 881.1 1906Q 2421.3 14 881.1 19 73.32 0 16.53 674.2 23204 23.10 28/21 40264 8.4
NLC India L 10 1903 1386.6 90 7146 1267.0 9.1 4.53 1.0 10.1 1906 1676.5 323.0 1906Q 1676.5 -1 323.0 1 81.90 0 10.09 94.2 8285 59.75 86/49 19953 6.5
NTPC 10 1903 9894.6 109 90307 11749.9 11.9 6.08 1.3 10.9 1906 24192.6 2602.8 1906Q 24192.6 7 2602.8 1 56.40 0 40.07 553.3 118636 119.90XB 146/107 251692 10.1
*PTC India 10 1903 296.0 112 13496 262.3 8.9 4.00 0.3 7.9 1906 4973.3 62.8 1906Q 4973.3 47 62.8 2 16.21 0 58.83 137.6 1671 56.45 94/53 2509 6.3
RattanIndia Power 10 1903 2952.9 6 1909 -2791.5 -9.5 - 1.4 - 1906 560.9 -82.9 1906Q 560.9 -19 -82.9 -991 53.08 96 17.80 153.4 499 1.69 4/1 6904 -
Ravindra Energy Ltd. 10 1903 119.6 19 163 6.8 0.6 - 0.0 3.0 1906 28.3 -2.1 1906Q 28.3 40 -2.1 -392 74.50 9 0.00 69.3 419 35.00 51/23 416 -
Reliance Infrastruct 10 1903 263.0 543 986 -913.4 -34.7 - 0.4 - 1906 284.3 324.9 1906Q 284.3 -88 324.9 -10 39.11 98 32.85 797.6 966 36.75 395/33 8385 -
Reliance Power L 10 1903 2805.1 46 43 -601.7 -2.1 - 0.4 - 1906 14.8 -92.5 1906Q 14.8 36 -92.5 -2415 45.15 83 11.40 3107.2 816 2.91 33/3 7508 -
*SJVN Ltd. 10 1903 3929.8 29 2656 1364.3 3.5 2.15 0.2 12.1 1906 724.5 420.5 1906Q 724.5 18 420.5 43 88.78 0 6.92 97.3 10335 26.30 30/22 9370 6.9
Tata Power Co. 1 1903 270.5 52 7933 1708.6 6.3 1.30 1.2 12.0 1906 2036.5 296.5 1906Q 2036.5 5 296.5 -74 37.66 4 43.92 332.9 18122 67.00 86/50 35008 20.8
Torrent Power Ltd. 10 1903 480.6 186 12978 889.2 18.5 5.00 0.9 9.9 1906 3686.5 276.1 1906Q 3686.5 6 276.1 25 53.56 0 24.66 113.6 13402 278.85 314/212 21409 14.2
76 POWER - TRANSMISSIO N/E QUIPMENT
IND. COMPOSITE 6542 59135 11253 13
Adani Transmission L 10 1903 1099.8 16 833 42.4 0.4 - 5.4 2.4 1906 0.1 1.6 1906Q 0.1 -100 1.6 -95 74.91 50 23.30 41.0 24405 221.90 256/141 33650 -
GE Power India 10 1903 67.2 132 1903 76.0 11.3 6.00 0.0 8.6 1906 428.7 -8.7 1906Q 428.7 -3 -8.7 -456 68.57 0 17.55 34.3 5114 760.70 933/666 4286 78.8
GE T&D India 2 1903 51.2 56 4219 212.7 8.3 1.80 0.1 14.9 1906 733.7 3.4 1906Q 733.7 -37 3.4 -96 74.99 0 17.25 36.7 3990 155.85 331/124 4011 29.8
Kalpataru Power 2 1903 30.7 205 7115 401.3 26.1 3.00 0.2 12.7 1906 1655.0 92.0 1906Q 1655.0 25 92.0 14 59.32 39 30.23 25.2 7261 473.15 554/269 7723 17.6
KEC International Lt 2 1903 51.4 97 10118 497.7 19.4 2.70 0.6 19.9 1906 2113.1 85.9 1906Q 2113.1 14 85.9 18 51.34 0 33.02 92.5 7058 274.55 341/230 8333 13.8
Power Grid Corpo 10 1903 5231.6 113 34119 9938.5 19.0 8.33 2.3 16.8 1906 8804.1 2427.9 1906Q 8804.1 8 2427.9 8 55.36 0 40.14 554.4 102722 196.35 216/173 233730 10.1
Voltamp Transformers 10 1903 10.1 679 829 84.8 83.9 22.50 0.0 12.4 1906 187.3 16.9 1906Q 187.3 13 16.9 12 49.88 0 33.59 14.6 1229 1214.90 1271/735 1221 14.2

48 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

 AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months

(20/09/19)
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
77 PROJECT CONSULTANCY /TU RNKEY
IND. COMPOSITE 1567 6975 947 17
Engineers India 5 1903 316.0 36 2444 370.1 5.9 4.00 0.0 16.3 1906 734.9 124.1 1906Q 734.9 28 124.1 43 51.99 0 32.64 183.5 7226 114.35 130/93 4565 17.7
*Power Mech Projects 10 1903 14.7 528 1737 95.7 65.1 1.00 0.4 12.3 1906 468.4 26.5 1906Q 468.4 41 26.5 54 62.49 0 14.10 11.2 1078 732.75 1164/630 1318 10.3
Reliance Ind.Inf 10 1903 15.1 224 85 7.8 5.2 3.00 0.0 2.3 1906 20.4 1.7 1906Q 20.4 -4 1.7 -11 45.43 0 0.82 74.5 406 268.60 421/219 404 53.5
Rites Ltd. 10 1903 250.0* 95 1969 444.6 17.8 12.75 0.0 18.6 1906 519.2 92.6 1906Q 519.2 67 92.6 13 87.40 0 4.63 51.6 5936 237.45XB 257/160 2468 12.9
*Shriram EPC Ltd. 10 1903 971.5 13 741 28.6 0.3 - 0.5 2.3 1906 207.5 4.4 1906Q 207.5 103 4.4 -16 28.75 64 67.01 20.1 1306 13.44 14/7 1848 -
78 REFINERIES
IND. COMPOSITE 22958 1614699 6 7721 16
Adani Gas 1 1903 110.0 10 1719 228.7 2.1 0.25 0.3 20.6 1906 450.6 79.3 1906Q 450.6 21 79.3 43 74.80 0 22.09 75.8 14649 133.20 184/70 14835 58.0
Bharat Petroleum 10 1903 2169.3 170 297275 7132.0 32.9 21.67 0.7 19.3 1906 76317.9 1075.1 1906Q 76317.9 6 1075.1 -53 53.29 0 30.87 175.5 87562 403.65 437/239 114676 14.8
Chennai Petro. 10 1903 148.9 222 41338 -213.4 -14.3 - 1.9 - 1906 10147.8 -233.4 1906Q 10147.8 7 -233.4 -250 67.28 0 22.13 68.0 2576 173.00 301/169 8337 -
Hind. Petrol 10 1903 1523.8 185 275197 6028.7 39.6 20.00 0.9 21.4 1906 70988.9 811.0 1906Q 70988.9 5 811.0 -53 51.11 0 36.86 234.3 42286 277.50 333/163 67301 8.3
Indian Oil Corp 10 1903 9414.2 116 527693 16894.2 17.9 9.25 0.8 15.5 1906 131512.5 3596.1 1906Q 131512.5 2 3596.1 -47 52.17 0 20.78 434.4 124785 132.55 170/106 207953 9.1
Mangalore Refine 10 1903 1752.6 61 62062 332.0 1.9 1.00 0.8 3.1 1906 9280.5 -500.1 1906Q 9280.5 -32 -500.1 -238 88.58 0 4.90 330.7 8246 47.05 91/43 15836 -
PetronetLNG 10 1903 1500.0 67 38395 2155.4 14.4 1.25 0.0 21.4 1906 8613.4 560.3 1906Q 8613.4 -6 560.3 -5 49.99 0 37.25 301.1 40028 266.85 272/203 37168 18.8
Reliance Inds. 10 1903 6339.1* 639 371019 35163.0 55.5 5.50 0.4 8.7 1906 88263.0 9036.0 1906Q 88263.0 -3 9036.0 2 46.16 0 35.25 2256.3 795180 1254.40 1417/1017 948607 22.5
79 RETAIL
IND. COMPOSITE 1878 69657 2584 69
Aditya Birla Fashion 10 1903 773.5* 18 8118 321.2 4.2 - 0.8 22.5 1906 2065.5 21.6 1906Q 2065.5 8 21.6 285 59.10 0 28.23 155.1 15497 200.35 236/161 16638 46.0
Avenue Supermarts 10 1903 624.1 90 19916 936.4 15.0 - 0.1 16.7 1906 5780.5 335.3 1906Q 5780.5 27 335.3 34 81.20 0 9.03 210.7 109783 1759.10 1770/1127 109994 107.5
Future Enterprises 2 1903 90.8 87 4566 24.0 0.5 - 1.6 0.6 1906 1097.6 -12.8 1906Q 1097.6 8 -12.8 58 50.19 75 4.40 53.2 1008 22.20 47/22 7289 -
Future Lifestyle 2 1903 40.3 82 5377 145.4 7.2 1.40 0.5 8.8 1906 1495.9 25.6 1906Q 1495.9 18 25.6 -9 45.88 14 41.37 36.5 9029 448.55 502/359 9718 63.3
Future Retail L 2 1903 100.5 77 20165 732.8 14.6 - 0.7 19.0 1906 5149.4 162.5 1906Q 5149.4 13 162.5 6 47.01 52 29.23 53.7 20247 402.85 574/375 22548 27.3
*Kewal Kiran Clothing 10 1903 12.3 349 502 80.3 65.2 34.00 0.2 18.6 1906 110.2 14.1 1906Q 110.2 4 14.1 2 74.25 0 21.29 5.2 1197 971.00 1475/925 1237 14.9
Shoppers Stop 5 1903 44.0 111 3481 78.8 9.0 0.75 0.0 8.1 1906 832.4 2.4 1906Q 832.4 1 2.4 -75 63.71 13 25.21 11.8 3489 396.55 619/339 3473 48.9
SORIL Infra Resource 10 1903 31.5 73 150 15.0 4.8 - 234.1 6.5 1906 46.3 0.6 1906Q 46.3 65 0.6 -82 64.70 0 13.50 14.4 378 119.85 774/78 663 31.1
Spencer's Retail 5 1903 39.8 75 2187 7.9 1.0 - 0.0 1.3 1906 600.8 0.9 1906Q 600.8 15 0.9 -58 54.15 0 18.49 52.5 623 78.30 230/58 404 -
Trent Ltd. 1 1903 35.5 48 2532 127.5 3.6 1.30 0.2 7.5 1906 767.2 57.9 1906Q 767.2 30 57.9 51 37.00 0 36.73 45.1 17399 489.45 491/313 17743 118.3
V Mart Retail 10 1903 18.2* 223 1434 61.6 33.9 1.70 0.0 15.2 1906 453.0 17.6 1906Q 453.0 25 17.6 -29 52.45 0 36.81 20.1 3778 2080.90 2904/1698 3761 69.5
V2 Retail 10 1903 34.1 87 748 20.5 6.0 - 0.0 6.9 1906 202.3 11.4 1906Q 202.3 8 11.4 2 51.13 0 15.98 22.3 432 126.90 405/90 428 20.9
Vaibhav Global 10 1903 32.9* 171 480 33.0 10.0 10.00 0.1 5.8 1906 106.6 8.3 1906Q 106.6 -12 8.3 -20 57.78 0 28.83 6.8 2824 857.25 909/573 2710 91.5
80 RUBBER
IND. COMPOSITE 10 626 47 15
*Apcotex Industries L 2 1903 10.4* 54 626 46.6 9.0 3.00 0.0 16.8 1906 146.7 11.4 1906Q 146.7 -2 11.4 1 57.93 0 0.58 21.4 1032 199.10 251/172 1026 22.1
81 SERVICES - OTHERS
IND. COMPOSITE 570 16563 1504 31
*BLS International Se 1 1903 10.2 3 52 13.3 1.3 0.04 0.2 39.3 1906 13.4 16.7 1906Q 13.4 12 16.7 156 74.24 0 2.94 19.7 843 82.25 150/65 836 35.9
*CARE Ratings 10 1903 29.5 187 297 135.0 45.8 30.00 0.0 24.6 1906 45.2 13.1 1906Q 45.2 -21 13.1 -49 0.00 0 69.17 46.2 1581 536.75 1280/453 1561 12.9
Central Depository 10 1903 104.5 52 153 84.4 8.1 - 0.0 15.6 1906 40.5 20.3 1906Q 40.5 11 20.3 25 24.00 0 45.17 137.9 2127 203.55 265/181 2096 24.1
Crisil 1 1812 7.2* 112 1182 277.5 38.4 30.00 0.0 34.3 1906 286.2 46.4 1906H 575.8 -1 97.5 -18 67.44 0 17.59 30.0 9334 1291.05 1787/1135 9283 36.4
Hinduja Ventures 10 1903 20.6 958 45 -47.2 -23.0 17.50 0.5 - 1906 8.8 -67.6 1906Q 8.8 -89 -67.6 -287 70.82 0 6.65 9.1 690 335.55 616/276 1197 -
ICRA Ltd. 10 1903 9.7 568 230 96.0 99.4 30.00 0.0 17.5 1906 51.4 14.9 1906Q 51.4 -9 14.9 -34 51.86 0 38.05 13.3 2906 3011.00 3790/2570 2567 33.0
IndiaMART InterMESH 10 1903 28.8 56 530 12.6 4.4 - 0.0 7.8 1906 144.3 33.2 1906Q 144.3 29 33.2 160 52.60 0 12.71 33.3 4846 1684.05 1782/952 4772 -
*Just Dial 10 1903 64.8* 154 916 206.8 31.9 - 0.0 20.7 1906 240.2 57.3 1906Q 240.2 14 57.3 49 33.83 2 60.48 30.1 4399 678.45 825/408 4363 19.5
*Matrimony.com 5 1903 11.4 90 340 35.9 15.8 1.50 0.0 17.5 1906 94.4 8.6 1906Q 94.4 14 8.6 -14 50.50 0 45.00 8.8 1238 544.35 750/365 1172 35.8
Nesco Ltd. 2 1903 14.1 166 359 180.2 25.6 0.44 0.0 15.4 1906 78.3 37.8 1906Q 78.3 4 37.8 4 68.19 0 7.98 22.6 3832 543.80 588/405 3827 21.2
Quess Corp 10 1903 146.1 178 5613 231.3 15.8 - 0.2 8.9 1906 1615.9 50.3 1906Q 1615.9 25 50.3 1 71.43 0 20.15 43.9 7016 480.20 922/387 7186 30.3
Security and Intelli 10 1903 73.3 96 2504 119.3 16.3 3.50 0.7 16.9 1906 688.5 47.8 1906Q 688.5 22 47.8 143 74.33 0 15.83 10.1 6221 848.50 1088/702 6563 42.2
TeamLease Service 10 1903 17.1 309 4132 97.0 56.7 - 0.0 18.3 1906 1151.4 20.5 1906Q 1151.4 22 20.5 -3 40.27 1 51.94 7.4 4755 2781.00 3201/2159 4644 49.3
Zee Learn Ltd. 1 1903 32.6* 13 210 61.7 1.9 0.10 0.4 14.9 1906 60.8 20.2 1906Q 60.8 12 20.2 25 57.17 83 24.32 98.6 719 22.05 42/19 825 10.9
82 SHIP - DOCKS/BREAKI NG/ REPAIRS
IND. COMPOSITE 730 5051 797 13
Cochin Shipyard 10 1903 131.5 253 2962 481.2 36.6 13.00 0.0 14.4 1906 735.4 120.3 1906Q 735.4 12 120.3 13 75.21 0 12.64 164.2 4389 333.65 435/328 1989 8.9
Garden Reach Ship 10 1903 114.6 91 1386 109.9 9.6 6.95 0.0 10.6 1906 168.0 25.3 1906Q 168.0 -10 25.3 403 74.50 0 18.81 11.2 1760 153.60 166/77 -230 14.7
Gujarat Pipavav Port 10 1903 483.4 42 702 205.6 4.3 3.50 0.0 10.2 1906 177.6 56.4 1906Q 177.6 1 56.4 20 43.00 0 48.82 49.0 4020 83.15 110/74 3486 18.7
83 SHIPPING
IND. COMPOSITE 642 6881 -65 10
Great Eastern 10 1903 150.8 336 2651 -19.5 -1.3 5.40 0.7 - 1906 589.7 -50.2 1906Q 589.7 1 -50.2 78 29.66 0 44.08 63.8 4002 265.40 353/212 5482 -
Seamec Ltd. 10 1903 25.4 137 304 76.7 30.2 - 0.0 22.1 1906 99.1 41.6 1906Q 99.1 61 41.6 107 69.56 0 3.53 10.0 919 361.55 512/183 913 9.4
*Shipping Corpn. 10 1903 465.8 150 3926 -122.0 -2.6 - 0.6 - 1906 933.0 -39.4 1906Q 933.0 4 -39.4 81 63.74 0 18.15 146.8 1539 33.05 50/25 4655 -
84 SUGAR
IND. COMPOSITE 542 30720 1300 7
Avadh Sugar & Energy 10 1903 20.0* 254 2130 119.9 59.9 3.00 3.3 23.6 1906 478.3 26.4 1906Q 478.3 -20 26.4 -27 60.35 24 0.82 16.5 533 266.50XB 381/170 1756 4.9
Bajaj HindusthanSuga 1 1903 113.4 30 6804 -64.1 -0.6 - 1.8 - 1906 1654.0 -18.5 1906Q 1654.0 14 -18.5 89 15.43 100 48.01 148.5 806 7.11 12/5 6947 -
Balrampur Chini 1 1903 22.0 95 4286 570.6 25.9 2.50 0.8 27.4 1906 948.5 106.7 1906Q 948.5 -5 106.7 45 41.10 0 34.45 84.4 3537 160.75 167/66 5205 5.9
*Bannari Amman Su 10 1903 12.5 954 1125 75.9 60.6 10.00 0.6 6.3 1906 260.9 5.6 1906Q 260.9 7 5.6 85 58.69 0 1.07 6.3 1569 1251.50 1946/1047 2302 20.0
Dalmia Bharat Sugar 2 1903 16.2 191 2019 187.4 23.2 1.60 0.5 12.1 1906 589.5 57.6 1906Q 589.5 -10 57.6 -7 74.91 0 4.86 18.5 720 88.95 136/64 1381 3.9
*Dhampur Sugar 10 1903 66.4 187 2754 255.0 38.4 6.50 1.3 20.5 1906 880.3 63.0 1906Q 880.3 23 63.0 89 49.08 1 5.57 39.8 1426 214.80 252/100 3086 5.0
Dwarikesh Sugar 1 1903 18.8 25 1084 95.1 5.1 1.00 0.9 20.5 1906 379.0 19.9 1906Q 379.0 1 19.9 -35 41.86 0 3.63 39.0 487 25.85 34/19 808 5.8
EID Parry 1 1903 17.7 97 1855 163.1 9.2 3.00 0.4 9.5 1906 388.0 -53.1 1906Q 388.0 -15 -53.1 -198 44.75 0 10.88 53.1 2893 163.45 248/135 3596 52.1
*Shree Renuka Sugars 1 1903 191.7 -3 4297 -381.9 -2.0 - -4.8 - 1906 997.3 -159.0 1906Q 997.3 3 -159.0 11 58.33 0 28.06 159.3 1363 7.11 15/7 3858 -
*Triveni Eng.&Ind.Ltd 1 1903 24.8 43 3152 220.6 8.9 0.70 1.5 20.5 1906 921.5 32.1 1906Q 921.5 30 32.1 -5 68.34 0 6.45 45.2 1490 60.10 78/37 3085 6.8
Uttam Sugar Mills 10 1903 38.1 61 1215 58.1 15.2 - 3.9 24.8 1906 347.2 15.1 1906Q 347.2 28 15.1 -69 74.99 33 1.23 14.8 404 105.85 164/78 1059 16.3

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 49

Databank Updated Information Updated as on Sept 20, 2019

AUDITED ANNUAL LATEST QTR. YEAR TO DATE SHAREHOLDINGS MARKET RELATED DATA

Inst. Stake (%)

Trailing P/E Ratio

Sales Growth (%)

No. of Shareholder
Prom. Stake (%)

(20/09/2019)
Latest Qtr. Year

Pledged (%)

Entprise Value
NP Growth (%)
Year / Months

Year / Months
Sales (` Cr)
CEqt. (` Cr)

Market Cap
Face Value

RONW (%)
Company Name
Bk Val (`)

High/Low
NP (` Cr)
NP (` Cr)

52-Week
DERatio

CMP (`)
EPS (`)

(in’ 000)
Div (`)

(` Cr)

(` Cr)

(` Cr)

(` Cr)

(` Cr)
Sales

Sales
NP
85 TELECOMMUNICATIONS - E QUIPMENT
IND. COMPOSITE 13474 8197 -1218 33
GTL Infrastructure 10 1903 12319.1 1 1500 -1539.4 -1.2 - 2.0 - 1906 362.4 -207.0 1906Q 362.4 -7 -207.0 3 3.41 100 68.70 188.3 813 0.66 1/0 5878 -
*Himachal F. Comm 1 1903 128.4 11 4366 184.0 1.4 0.10 0.4 12.8 1906 1200.6 89.3 1906Q 1200.6 16 89.3 101 38.12 69 6.42 223.9 2460 19.15 25/17 2838 10.7
ITI 10 1903 897.0 20 1668 92.5 1.0 - -1.6 5.2 1906 160.9 -61.0 1906Q 160.9 -15 -61.0 -2369 90.00 0 0.03 54.3 7360 82.05 117/56 8081 -
Nelco Ltd 10 1903 22.8 18 34 17.7 7.8 1.50 0.8 42.2 1906 9.2 6.9 1906Q 9.2 12 6.9 137 50.08 0 6.18 22.0 587 257.20 342/202 617 27.1
Optiemus Infracom 10 1903 85.8 39 401 2.2 0.3 - 0.7 0.7 1906 87.3 -9.3 1906Q 87.3 -26 -9.3 -425 74.92 34 0.01 3.7 475 55.30 141/42 670 -
Prabhat Telecoms (In 10 1903 10.7 24 122 -4.0 -3.8 - 2.9 - 1906 14.1 -3.1 1906Q 14.1 -77 -3.1 -1075 70.00 0 1.34 0.3 421 392.95XB 433/210 518 -
Suyog Telematics 10 1903 10.2 96 105 28.6 28.2 2.50 0.7 29.4 1906 29.3 8.2 1906Q 29.3 21 8.2 17 49.63 25 0.00 0.6 466 458.90 524/190 514 15.6
86 TEXTILES
IND. COMPOSITE 1921 74335 5392 12
Ambika Cotton Mi 10 1903 5.7 829 656 63.2 110.4 30.00 0.1 13.3 1906 151.3 13.8 1906Q 151.3 -7 13.8 -18 49.99 0 4.64 10.6 527 920.00 1271/833 550 8.8
Arvind Fashions 4 1903 23.5 229 1010 61.5 10.5 - 0.1 4.6 1906 171.8 0.8 1906Q 171.8 -21 0.8 -90 35.60 4 33.76 179.1 2701 460.70 1085/440 2771 49.9
*Arvind Ltd. 10 1903 258.8 109 6436 199.4 7.7 2.00 0.9 7.1 1906 1741.6 32.9 1906Q 1741.6 4 32.9 -48 43.07 10 34.94 220.0 1435 55.45 383/45 3909 8.5
Bombay Dyeing 2 1903 41.3 9 4430 1230.0 59.6 1.50 21.9 681.0 1906 648.6 27.6 1906Q 648.6 63 27.6 129 53.67 0 5.52 114.8 1818 88.00 232/61 5687 1.3
Cantabil Retail Indi 10 1903 16.3 70 289 12.5 7.7 - 0.4 10.9 1906 58.1 0.4 1906Q 58.1 9 0.4 -70 74.22 0 0.23 5.9 375 229.65 350/121 416 32.5
Century Enka 10 1903 21.9 437 1791 76.6 35.0 7.00 0.0 8.0 1906 375.2 18.5 1906Q 375.2 -8 18.5 -18 25.25 0 8.85 43.2 405 185.40 291/161 420 5.6
Cheviot Co Ltd 10 1903 6.5 946 395 50.2 77.6 1.00 0.0 8.2 1906 105.9 12.0 1906Q 105.9 23 12.0 -8 74.99 0 0.15 8.4 476 736.65XB 900/519 460 9.7
Dollar Industries 2 1903 11.3 74 1029 75.3 13.3 0.20 0.5 18.0 1906 233.6 12.9 1906Q 233.6 -4 12.9 -7 60.01 0 8.52 8.1 1145 201.95 336/178 1335 15.4
*Filatex India 2 1903 43.9* 21 2874 84.8 3.9 - 1.2 18.0 1906 696.8 20.0 1906Q 696.8 -1 20.0 -1 57.72 38 4.95 7.5 839 38.20 66/34 1342 9.9
Ganesha Ecosphere 10 1903 21.8 192 1020 62.0 28.4 2.00 0.7 14.8 1906 243.4 16.1 1906Q 243.4 2 16.1 53 39.85 26 15.39 10.5 552 253.00 375/229 734 8.2
Garware Tech. Fibres 10 1903 21.9 297 1018 125.6 57.4 5.00 0.2 19.3 1906 232.3 29.6 1906Q 232.3 -5 29.6 -6 50.70 0 9.01 16.2 2423 1107.30 1292/967 2520 19.6
Gokaldas Exports 5 1903 21.4 56 1173 25.6 6.0 - 3.7 10.7 1906 341.3 35.6 1906Q 341.3 20 35.6 779 32.92 0 14.73 17.6 392 91.50 119/66 848 6.9
*Himatsingka Seid 5 1903 49.2 147 1745 236.0 24.0 5.00 1.5 16.3 1906 448.1 57.3 1906Q 448.1 4 57.3 6 47.56 0 19.76 32.2 1414 143.60 281/121 3391 5.9
Indian Terrain Fashi 2 1903 7.6 61 422 25.7 6.8 - 0.2 11.2 1906 83.3 3.8 1906Q 83.3 1 3.8 -11 29.35 69 43.11 11.6 352 92.65 159/66 337 13.9
*Indo Count Inds. 2 1903 39.5 49 1813 59.2 3.0 0.60 0.3 6.2 1906 477.0 33.6 1906Q 477.0 4 33.6 17 58.93 0 9.67 54.4 955 48.40 76/30 1221 14.9
Indo Rama Synth. 10 1903 261.1 12 1695 -271.1 -10.4 - 0.7 - 1906 533.3 -30.0 1906Q 533.3 50 -30.0 -3 81.71 24 5.30 17.3 854 32.70 41/16 1061 -
*Jindal Worldwide 1 1903 20.1 17 2114 26.4 1.3 0.05 1.1 7.6 1906 692.6 7.3 1906Q 692.6 41 7.3 -54 61.14 18 0.14 3.0 1206 60.15 88/54 1572 -
Kitex Garments 1 1903 6.7 89 607 81.5 12.2 1.07 0.0 13.8 1906 145.6 14.5 1906Q 145.6 18 14.5 -22 55.27 0 1.72 34.7 612 92.10 127/70 516 7.9
KPR Mill Ltd. 5 1903 36.3 208 2979 289.1 39.8 0.75 0.4 19.1 1906 801.7 74.3 1906Q 801.7 5 74.3 -4 74.99 0 17.88 15.6 4024 554.60 696/513 4592 14.1
Lux Industries 2 1903 5.1 164 1209 101.3 40.1 3.50 0.4 24.5 1906 262.4 20.0 1906Q 262.4 0 20.0 7 73.71 0 3.75 11.9 3070 1215.60 1868/984 3245 29.7
*Monte Carlo Fashions 10 1903 20.7 233 656 59.6 28.7 - 0.1 12.3 1906 59.9 -6.1 1906Q 59.9 1 -6.1 -60 67.90 0 4.42 37.1 519 250.40 428/225 554 9.0
Page Industries Ltd. 10 1903 11.2 695 2852 393.9 353.2 344.00 0.1 50.8 1906 835.0 110.7 1906Q 835.0 2 110.7 -11 48.31 0 39.74 68.8 25278 22662.95 34000/17141 25306 66.5
PDS Multi. Fashions 10 1903 26.0 42 39 1.1 0.4 - 0.2 1.0 1906 8.8 0.6 1906Q 8.8 19 0.6 230 66.64 0 5.22 14.3 865 332.00 395/230 886 -
Rajapalayam Mill 10 1903 7.4 401 413 27.8 37.7 4.00 0.7 9.4 1906 102.9 -1.4 1906Q 102.9 -3 -1.4 -184 53.16 0 3.33 4.9 602 816.60 932/655 799 24.2
*Raymond Ltd 10 1903 61.4 223 3276 73.8 12.0 3.00 1.1 5.4 1906 685.4 -22.2 1906Q 685.4 13 -22.2 -67 44.85 0 22.82 105.0 3534 575.75 885/533 4906 54.5
Ruby Mills 5 1903 8.4 271 193 17.8 10.6 1.75 0.8 3.9 1906 41.3 3.1 1906Q 41.3 -13 3.1 -60 74.90 0 0.08 6.8 362 216.50 334/122 662 27.6
*Rupa & Company L 1 1903 8.0 72 1108 93.4 11.7 3.00 0.3 16.2 1906 188.5 9.3 1906Q 188.5 3 9.3 -10 73.28 0 0.28 12.2 1488 187.05 366/158 1655 16.1
S P Apparels Ltd. 10 1903 25.7 189 778 69.8 27.2 - 0.5 14.4 1906 205.0 6.6 1906Q 205.0 17 6.6 -42 61.63 0 20.07 11.7 488 190.00 336/172 636 7.5
*Siyaram Silk 2 1903 9.4 162 1815 101.2 21.6 0.60 0.5 13.4 1906 325.9 10.0 1906Q 325.9 1 10.0 1 67.06 0 12.98 14.8 1195 254.90 530/192 1599 11.8
SRF Ltd. 10 1903 57.5 682 6459 517.2 90.0 12.00 0.7 13.2 1906 1524.0 150.4 1906Q 1524.0 5 150.4 36 52.32 0 29.50 44.9 16426 2857.70 3090/1617 18992 29.5
Sutlej Textiles & In 1 1903 16.4 58 2562 65.7 4.0 0.13 1.0 6.9 1906 648.6 8.6 1906Q 648.6 5 8.6 -1 63.89 3 0.15 10.9 486 29.65 52/24 1430 7.4
SVP Global Ventures 10 1903 12.7 26 117 8.9 7.1 - 8.6 27.3 1906 24.2 1.8 1906Q 24.2 -39 1.8 -44 68.71 0 0.00 1.1 456 360.15 399/235 656 60.7
Swan Energy Ltd. 1 1903 24.4 39 860 2.3 0.1 0.10 0.1 0.2 1906 60.8 1.5 1906Q 60.8 -90 1.5 -95 64.89 26 12.52 7.7 2441 99.95 147/94 2510 -
*TCNS Clothing 2 1903 12.3* 101 1148 131.4 21.4 - 0.0 21.2 1906 279.6 20.5 1906Q 279.6 18 20.5 0 32.38 0 21.38 17.4 4301 699.80 865/515 4278 32.7
*Trident Ltd. 10 1903 509.6 58 5220 370.9 7.3 3.00 0.7 12.7 1906 1305.3 123.2 1906Q 1305.3 15 123.2 108 71.06 0 2.30 109.0 3088 60.60 76/52 5159 7.1
Triveni Enterprises 1 1903 5.7 2 - 0.1 0.0 - 0.0 1.0 1906 0.0 0.0 1906Q 0.0 1893 0.0 150 3.49 0 0.00 0.6 496 86.65 99/73 496 -
*Vardhman Textiles Lt 10 1903 57.5* 911 6415 695.9 121.0 17.50 0.4 13.3 1906 1558.3 103.5 1906Q 1558.3 -1 103.5 -29 62.14 0 27.41 21.6 5300 921.80 1154/849 7199 8.1
Voith Paper Fabrics 10 1903 4.4 484 112 23.1 52.6 5.00 0.0 10.9 1906 25.4 5.9 1906Q 25.4 -0 5.9 7 74.04 0 1.18 4.0 359 817.40 891/704 224 15.3
Welspun India 1 1903 100.5 25 5395 141.8 1.4 0.30 0.9 5.7 1906 1435.4 154.8 1906Q 1435.4 8 154.8 76 68.48 0 17.79 69.1 5230 52.05 71/41 7397 25.0
Zodiac Clothing 10 1903 22.5 119 214 -18.4 -8.2 1.00 0.3 - 1906 52.1 -6.4 1906Q 52.1 -2 -6.4 -155 66.93 0 8.86 3.9 476 211.90 286/135 537 -
87 TRADING
IND. COMPOSITE 513 65531 -1 23
Adani Enterprises Lt 1 1903 110.0 30 15541 487.2 4.4 0.40 0.9 15.0 1906 5436.4 468.8 1906Q 5436.4 102 468.8 6647 74.91 26 21.70 87.4 16409 149.20 181/113 18903 17.0
Grandeur Products 10 1903 22.3 21 4 0.2 0.1 - 0.7 0.5 1906 0.0 -0.4 1906Q 0.0 -85 -0.4 -128 25.62 0 0.00 0.5 701 314.00 378/188 712 -
*India Motor Part 10 1903 8.3 1214 512 40.4 48.6 18.00 0.0 4.0 1906 138.6 8.9 1906Q 138.6 8 8.9 21 30.71 0 8.52 7.6 767 921.40CB 1049/784 763 18.3
KRBL Ltd. 1 1903 23.5 115 4120 503.3 21.4 2.50 0.5 18.5 1906 1217.6 136.2 1906Q 1217.6 64 136.2 35 58.81 0 7.79 33.8 5422 230.35 391/197 6832 10.1
LT Foods Ltd. 1 1903 32.0 26 2193 54.5 1.7 0.15 0.9 6.5 1906 600.9 21.0 1906Q 600.9 25 21.0 30 56.17 6 10.76 76.4 870 27.20 48/18 1536 14.7
*MMTC Ltd. 1 1903 150.0 10 28979 81.4 0.5 0.30 0.6 5.5 1906 6886.3 19.7 1906Q 6886.3 35 19.7 98 89.92 0 4.17 115.2 2768 18.45XB 33/17 3634 -
MSTC Ltd. 10 1903 70.4 30 2927 -324.5 -46.1 - 1.4 - 1906 396.0 25.2 1906Q 396.0 -28 25.2 -49 64.74 0 16.16 13.8 644 91.45 120/70 900 -
Shankara Building Pr 10 1903 22.8 142 2352 16.4 7.2 1.50 0.5 5.1 1906 590.8 4.8 1906Q 590.8 -15 4.8 -49 56.21 0 28.73 22.8 852 372.80 1293/240 1004 72.1
State Trading 10 1903 60.0 9 8903 -881.1 -146.8 - 34.6 - 1906 2260.6 -94.3 1906Q 2260.6 -39 -94.3 -6562 90.00 0 1.98 25.4 554 92.40 149/81 2050 -
Uniphos Enterprises 2 1903 13.9 388 - 20.8 3.0 - 0.0 0.8 1906 0.0 0.1 1906Q 0.0 -43 0.1 438 72.19 0 14.88 11.7 495 71.20 131/58 489 23.6
88 TRANSPORT
IND. COMPOSITE 335 10479 1358 22
Container Corpor 5 1903 304.6 170 6882 1215.4 19.9 6.84 0.1 11.7 1906 1638.9 227.8 1906Q 1638.9 5 227.8 -10 54.79 0 40.68 61.0 33465 549.25XB 583/433 33996 28.1
Maheshwari Logist 10 1903 14.8 79 1039 14.8 10.0 1.20 0.7 12.7 1906 223.6 5.1 1906Q 223.6 -0 5.1 39 54.51 0 0.00 0.7 383 258.50 298/175 442 -
TCI Ltd. 2 1903 15.4* 108 2558 127.6 16.6 1.80 0.5 15.4 1906 612.1 29.7 1906Q 612.1 5 29.7 5 66.91 0 14.40 24.5 2098 273.05 341/232 2481 16.2
89 TYRES AND TUBES
IND. COMPOSITE 221 52174 3170 20
Apollo Tyres 1 1903 57.2 134 12354 592.1 10.4 3.25 0.4 7.7 1906 3103.7 149.9 1906Q 3103.7 1 149.9 -31 40.90 15 41.21 171.8 10594 185.20 245/144 13113 20.2
Balkrishna Ind. 2 1903 38.7 242 5245 782.0 40.5 8.00 0.2 16.7 1906 1193.5 176.0 1906Q 1193.5 -12 176.0 -24 58.29 0 26.56 60.9 15335 793.25 1189/683 16109 21.1
Ceat Ltd. 10 1903 40.5 680 6831 288.9 71.4 12.00 0.4 10.5 1906 1703.6 87.0 1906Q 1703.6 2 87.0 12 51.08 0 30.71 82.8 3671 907.65 1373/731 4829 12.3
Goodyear India 10 1903 23.1 376 1912 102.1 44.3 13.00 0.0 11.8 1906 490.3 26.3 1906Q 490.3 -8 26.3 6 73.99 0 9.29 21.5 2162 937.25 995/800 1603 20.9
*JK Tyre & Industries 2 1903 49.2 81 7613 204.4 8.3 1.50 1.5 10.2 1906 1804.2 17.3 1906Q 1804.2 -4 17.3 -74 56.22 35 5.80 136.6 1767 71.75 115/54 4676 11.5
MRF Ltd 10 1903 4.2 25119 15837 1096.9 2586.3 60.00 0.1 10.3 1906 4409.5 268.5 1906Q 4409.5 14 268.5 3 27.72 0 21.42 65.4 27377 64550.85 69884/51850 28780 24.8
*TVS Srichakra Lt 10 1903 7.7 971 2382 103.2 134.7 40.00 0.6 13.9 1906 592.5 26.3 1906Q 592.5 1 26.3 -23 45.36 0 7.08 29.3 1391 1816.00 2817/1470 1784 14.6

50 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

Ticker Company Ind. Book NSE
Code Closure Code
523395 3M India Ltd. 31 10-Aug-19 3MINDIA
540776 5Paisa Capital 47 24-Sep-19 5PAISA
526881 63 Moons Technologie 24 12-Sep-19 63MOONS
524348 Aarti Drugs Ltd 72 30-Jul-19 AARTIDRUGS
524208 Aarti Ind. Ltd 20 14-Sep-18 AARTIIND
541988 Aavas Financiers 46 - AAVAS
500002 ABB India 34 02-May-19 ABB
500488 Abbott India Ltd. 72 16-Aug-19 ABBOTINDIA
500410 ACC 17 07-Mar-19 ACC
532268 Accelya Solutions In 24 01-Oct-18 ACCELYA
532762 Action Construction 39 20-Sep-19 ACE
512599 Adani Enterprises Lt 87 31-Jul-19 ADANIENT
542066 Adani Gas 78 30-Jul-19 ADANIGAS
541450 Adani Green Energy 75 31-Jul-19 ADANIGREEN
532921 Adani Ports & Speci 64 30-Jul-19 ADANIPORTS
533096 Adani Power Ltd. 75 01-Aug-19 ADANIPOWER
539254 Adani Transmission L 76 01-Aug-19 ADANITRANS
519183 ADF Foods Ltd. 41 19-Sep-19 ADFFOODS
538365 Adhunik Industries 54 10-Sep-19 ADHUNIKIND
540691 Aditya Birla Capital 47 21-Aug-18 ABCAPITAL
535755 Aditya Birla Fashion 79 18-Jul-15 ABFRL
517041 Ador Welding Ltd. 38 20-Jul-19 ADORWELD
540025 Advanced Enzyme Tech 50 03-Aug-19 ADVENZYMES
500003 Aegis Logistics Ltd. 57 23-Jul-19 AEGISCHEM
542752 Affle (India) 40 - AFFLE
500215 Agro Tech Foods Ltd. 33 10-Jul-19 ATFL
532811 Ahluwalia Contra 25 19-Sep-19 AHLUCONT
532683 AIA Engineering 16 06-Aug-19 AIAENG
532331 Ajanta Pharma Lt 72 11-Jul-19 AJANTPHARM
513349 Ajmera Realty & Infr 25 26-Sep-19 AJMERA
500710 Akzo Nobel India Ltd 68 02-Aug-19 AKZOINDIA
531082 Alankit 47 22-Sep-18 ALANKIT
506235 Alembic Ltd. 72 20-Sep-19 ALEMBICLTD
533573 Alembic Pharmaceutic 72 22-Jul-19 APLLTD
531147 Alicon Castalloy 16 22-Jul-19 ALICON
539523 Alkem Laboratories 72 - ALKEM
506767 Alkyl Amines Che 20 30-Jul-19 ALKYLAMINE
532480 Allahabad Bank 45 22-Jun-19 ALBK
532749 Allcargo Logistics 57 06-Aug-18 ALLCARGO
532633 Allsec Technologies 24 01-Aug-18 ALLSEC
500008 Amara Raja Batt. 7 15-Jul-19 AMARAJABAT
540902 Amber Enterprises 26 17-Aug-19 AMBER
531978 Ambika Cotton Mi 86 21-Sep-19 AMBIKCO
500425 Ambuja Cements Ltd. 17 01-Mar-19 AMBUJACEM
590006 Amrutanjan Health Ca 72 19-Sep-19 AMRUTANJAN
515055 Anant Raj Ltd. 25 24-Sep-19 ANANTRAJ
532418 Andhra Bank 45 23-Jul-19 ANDHRABANK
500012 Andhra Petro 20 02-Jul-19 -
526173 Andrew Yule & Co 73 12-Sep-19 -
518091 Anjani Portland 17 22-Aug-19 APCL
506260 Anuh Pharma Ltd 72 19-Aug-19 -
532259 Apar Industries 36 02-Aug-19 APARINDS
523694 Apcotex Industries L 80 25-May-19 APCOTEXIND
540692 Apex Frozen Foods 41 13-Sep-19 APEX
533758 APL Apollo Tubes 54 21-Sep-19 APLAPOLLO
508869 Apollo Hospitals 51 14-Sep-19 APOLLOHOSP
531761 Apollo Pipes 74 21-Sep-19 -
538566 Apollo TriCoat Tubes 57 22-Sep-18 -
500877 Apollo Tyres 89 25-Jul-19 APOLLOTYRE
532475 Aptech Ltd. 24 21-Jul-19 APTECHT
506074 Arshiya 57 14-Sep-18 ARSHIYA
542670 Artemis Electricals 34 - -
540616 Artemis Global Life 51 - AGLSL
542484 Arvind Fashions 86 03-Aug-19 ARVINDFASN
500101 Arvind Ltd. 86 31-Jul-19 ARVIND
515030 Asahi India Glass 48 31-Jul-19 ASAHIINDIA
523716 Ashiana Housing Ltd. 25 26-Aug-19 ASHIANA
500477 Ashok Leyland 9 25-Jul-19 ASHOKLEY
533271 Ashoka Buildcon Ltd. 25 11-Sep-19 ASHOKA
532888 Asian Granito India 19 24-Sep-19 ASIANTILES
533221 Asian Hotels (West) 52 10-Aug-19 AHLWEST
500820 Asian Paints Ltd. 68 15-Jun-19 ASIANPAINT
533138 Astec Lifesciences L 70 22-Jul-19 ASTEC
540975 Aster DM Healthcare 51 - ASTERDM
532493 Astra Microwave 38 08-Aug-19 ASTRAMICRO
532830 Astral Poly Technik 74 27-Jul-19 ASTRAL
506820 AstraZeneca Pharma I 72 03-Sep-18 ASTRAZEN
540824 Astron Paper & Board 69 19-Sep-19 ASTRON
531795 Atul Auto Ltd 6 24-Sep-19 ATULAUTO
500027 Atul Ltd. 32 13-Jul-19 ATUL
540611 Au Small Finance Ban 47 20-Jul-19 AUBANK
524804 Aurobindo Pharma 72 23-Aug-19 AUROPHARMA
505010 Automotive Axles 7 09-Aug-19 AUTOAXLES
DSIJ.in
Ticker Company Ind. Book NSE
Code Closure Code
540649 Avadh Sugar & Energy 84 05-Jun-19 AVADHSUGAR
512573 Avanti Feeds Lim 5 01-Aug-19 AVANTIFEED
540376 Avenue Supermarts 79 14-Aug-19 DMART
519105 AVT Natural Prod 33 03-Aug-19 AVTNPL
532215 Axis Bank Ltd. 44 06-Jul-19 AXISBANK
532977 Bajaj Auto Ltd. 6 13-Jul-19 BAJAJ-AUTO
533229 Bajaj Consumer Care 41 09-Jul-19 BAJAJCON
500031 Bajaj Electricals 26 27-Jul-19 BAJAJELEC
500034 Bajaj Finance L 47 13-Jul-19 BAJFINANCE
532978 Bajaj Finserv Ltd. 47 13-Jul-19 BAJAJFINSV
500032 Bajaj HindusthanSuga 84 14-Sep-19 BAJAJHIND
500490 Bajaj Holdings & Inv 47 13-Jul-19 BAJAJHLDNG
530999 Balaji Amines Li 20 19-Jul-19 BALAMINES
532382 Balaji Telefilms Ltd 40 24-Aug-19 BALAJITELE
502355 Balkrishna Ind. 89 08-Jul-19 BALKRISIND
523319 Balmer Lawrie & 31 12-Sep-19 BALMLAWRIE
532485 Balmer Lawrie Invest 47 12-Sep-19 -
500038 Balrampur Chini 84 24-Aug-19 BALRAMCHIN
500039 Banco Products 7 09-Aug-19 BANCOINDIA
541153 Bandhan Bank 44 22-Jun-19 BANDHANBNK
532134 Bank of Baroda 45 20-Jun-19 BANKBARODA
532149 Bank of India 45 24-Jun-19 BANKINDIA
532525 Bank of Maharash 45 21-Jun-19 MAHABANK
500041 Bannari Amman Su 84 06-Sep-19 BANARISUG
500042 BASF India Lt 20 06-Jul-19 BASF
500043 Bata India 56 24-Jul-19 BATAINDIA
506285 BayerCropscience 70 12-Jul-19 BAYERCROP
539018 Beekay Steel Indus 54 14-Sep-19 -
500048 BEML Ltd. 39 21-Sep-19 BEML
533095 Bengal & Assam Compa 47 21-Aug-19 -
509480 Berger Paints I 68 30-Jul-19 BERGEPAINT
533303 BF Investment Ltd. 47 25-Sep-19 BFINVEST
532430 BF Utilities Ltd. 75 25-Sep-18 BFUTILITIE
530803 Bhageria Industries 32 27-Aug-19 BHAGERIA
500052 Bhansali Engg.Po 71 21-Sep-19 BEPL
503960 Bharat Bijlee 36 02-Sep-19 BBL
541143 Bharat Dynamics 39 21-Sep-19 BDL
500049 Bharat Electroni 34 22-Aug-19 BEL
500493 Bharat Forge 16 03-Aug-19 BHARATFORG
500103 Bharat Heavy Ele 39 13-Sep-19 BHEL
500547 Bharat Petroleum 78 23-Aug-19 BPCL
590021 Bharat Rasayan 70 19-Sep-19 BHARATRAS
540700 Bharat Road Network 25 - BRNL
532454 Bharti Airtel 65 04-Aug-18 BHARTIARTL
534816 Bharti Infratel Ltd. 53 05-Aug-15 INFRATEL
532523 Biocon 72 22-Jul-17 BIOCON
500335 Birla Corporation Lt 17 07-Aug-19 BIRLACORPN
532400 Birlasoft 24 12-Aug-17 BSOFT
506197 Bliss GVS Pharma 72 14-Sep-19 BLISSGVS
540073 BLS International Se 81 20-Sep-19 BLS
526612 Blue Dart Expres 28 24-Jul-19 BLUEDART
500067 Blue Star 26 03-Aug-19 BLUESTARCO
542669 BMW Industries 38 - -
524370 Bodal Chemicals 32 14-Sep-19 BODALCHEM
501425 Bombay Burmah 73 03-Aug-19 BBTC
500020 Bombay Dyeing 86 27-Jul-19 BOMDYEING
502219 Borosil Glass 48 13-Jul-18 BOROSIL
500530 Bosch Ltd. 7 17-Aug-19 BOSCHLTD
532929 Brigade Enterprises 25 18-Sep-15 BRIGADE
500825 Britannia Ind. 41 03-Aug-19 BRITANNIA
-- BSE 47 - BSE
532321 Cadila Healthcar 72 29-Jul-19 CADILAHC
532834 Camlin Fine Sciences 20 27-Jul-19 CAMLINFINE
511196 Can Fin Homes 46 11-Jul-19 CANFINHOME
532483 Canara Bank 45 19-Jul-19 CANBK
533267 Cantabil Retail Indi 86 19-Sep-19 CANTABIL
540710 Capacit'e Infraproje 25 22-Aug-19 CAPACITE
530879 Capital India Fin 47 21-Sep-19 -
524742 Caplin Point Lab 72 06-Sep-19 CAPLIPOINT
531595 Capri Global Capital 47 27-Jul-19 CGCL
513375 Carborundum Uni. 38 24-Jul-19 CARBORUNIV
534804 CARE Ratings 81 23-Sep-19 CARERATING
500870 Castrol India 59 11-May-19 CASTROLIND
519600 CCL Products India 73 03-Aug-19 CCL
500878 Ceat Ltd. 89 20-Jul-19 CEATLTD
532885 Central Bank 45 25-Jun-19 CENTRALBK
CDSLEQ Central Depository 81 13-Aug-18 CDSL
501150 Centrum Capital 47 06-Sep-19 CENTRUM
517544 Centum Electronics L 34 08-Sep-18 CENTUM
500280 Century Enka 86 03-Jul-19 CENTENKA
532548 Century Plyboards 55 29-Aug-19 CENTURYPLY
500040 Century Textiles 17 23-Jul-19 CENTURYTEX
532443 Cera Sanitaryware L 19 16-Jul-19 CERA
Ticker Company Ind. Book NSE
Code Closure Code
500084 CESC Ltd. 75 12-Jul-19 CESC
542333 CESC Ventures 24 12-Jul-19 CESCVENT
500093 CG Power and Indust 34 19-Aug-16 CGPOWER
542399 Chalet Hotels L 52 07-Aug-19 CHALET
500085 Chambal Fertilis 43 10-Sep-19 CHAMBLFERT
500110 Chennai Petro. 78 14-Aug-19 CHENNPETRO
526817 Cheviot Co Ltd 86 18-Jul-19 -
504973 Cholamandalam Financ 47 26-Jul-19 CHOLAHLDNG
511243 Cholamandalam Invest 47 24-Jul-19 CHOLAFIN
534758 Cigniti Technologies 24 20-Jul-19 CIGNITITEC
500087 Cipla 72 02-Aug-19 CIPLA
532210 City Union Bank 44 22-Aug-19 CUB
506390 Clariant Chemicals ( 32 02-Aug-19 CLNINDIA
500147 CMI FPE Ltd. 39 26-Jul-19 -
533278 Coal India 63 14-Aug-19 COALINDIA
540678 Cochin Shipyard 82 07-Aug-19 COCHINSHIP
539436 Coffee Day Enterpris 52 - COFFEEDAY
500830 Colgate Palm. 41 22-Aug-19 COLPAL
526829 Confidence Petroleum 58 24-Sep-19 CONFIPET
531344 Container Corpor 88 21-Aug-19 CONCOR
522295 Control Print Ltd. 23 15-Aug-19 CONTROLPR
506395 Coromandel Internati 43 12-Jul-19 COROMANDEL
532179 Corporation Bank 45 21-Jun-19 CORPBANK
508814 Cosmo Films 67 20-Jul-19 COSMOFILMS
541770 CreditAccess Grameen 47 27-Jul-19 CREDITACC
500092 Crisil 81 02-Apr-19 CRISIL
539876 Crompton Greaves Con 34 20-Jul-19 CROMPTON
500480 Cummins India Lt 38 02-Aug-19 CUMMINSIND
532175 Cyient Ltd. 24 03-Jun-19 CYIENT
500096 Dabur India 41 09-Aug-19 DABUR
542216 Dalmia Bharat L 17 24-Aug-19 DALBHARAT
500097 Dalmia Bharat Sugar 84 22-Aug-19 DALMIASUG
532528 Datamatics Global Se 24 07-Aug-19 DATAMATICS
533151 DB Corp 60 10-Sep-19 DBCORP
532772 DCB Bank 44 25-May-19 DCBBANK
523367 DCM Shriram 31 16-Jul-19 DCMSHRIRAM
500117 DCW Ltd. 71 21-Sep-18 DCW
502137 Deccan Cements 17 01-Aug-19 DECCANCE
500645 Deepak Fertilisers 43 07-Aug-19 DEEPAKFERT
506401 Deepak Nitrite 20 21-Jun-19 DEEPAKNTR
532848 Delta Corp Ltd. 64 17-Jul-19 DELTACORP
533137 Den Networks Ltd. 40 09-Nov-18 DEN
511072 Dewan Housing 46 22-Sep-19 DHFL
519588 DFM Foods Limi 41 27-Jul-19 DFMFOODS
500119 Dhampur Sugar 84 27-Aug-19 DHAMPURSUG
532180 Dhanlaxmi Bank 44 24-Aug-19 DHANBANK
507717 Dhanuka Agritech Ltd 70 01-Aug-19 DHANUKA
506414 DIL 72 02-Jul-19 -
540047 Dilip Buildcon Ltd. 25 11-Sep-19 DBL
500068 Disa India Ltd. 39 01-Aug-19 -
532839 Dish TV India Ltd. 40 25-Sep-18 DISHTV
540701 Dishman Carbogen Amc 72 14-Sep-19 DCAL
532488 Divi's Lab 72 17-Aug-19 DIVISLAB
540699 Dixon Technologies 26 25-Jul-19 DIXON
532868 DLF Ltd. 25 17-Sep-18 DLF
505526 Dolat Investment 47 21-Sep-19 DOLAT
541403 Dollar Industries 86 24-Aug-19 DOLLAR
539524 Dr. Lal Pathlabs Ltd 51 06-Aug-19 LALPATHLAB
500124 Dr. Reddy's Labs 72 17-Jul-19 DRREDDY
523618 Dredging Corpora 64 02-Aug-19 DREDGECORP
532610 Dwarikesh Sugar 84 30-Aug-19 DWARKESH
505242 Dynamatic Techno 38 03-Aug-19 DYNAMATECH
532927 eClerx Services 24 23-Aug-19 ECLERX
532922 Edelweiss Fin. Ser 47 19-Jul-19 EDELWEISS
505200 Eicher Motors 9 26-Jul-19 EICHERMOT
500125 EID Parry 84 15-Jul-19 EIDPARRY
523127 EIH Associated 52 23-Jul-19 EIHAHOTELS
500840 EIH Ltd. 52 07-Aug-19 EIHOTEL
500123 Elantas Beck India L 20 01-May-19 -
523329 Eldeco Housing & 25 21-Sep-19 -
505700 Elecon Engg. 39 11-Sep-19 ELECON
500128 Electrosteel Cas 16 08-Sep-18 ELECTCAST
522074 Elgi Equipments 22 27-Jul-19 ELGIEQUIP
504000 Elpro Internl. 34 21-Sep-18 -
531162 Emami Ltd. 41 02-Aug-19 EMAMILTD
533208 Emami Paper Mill 69 05-Aug-19 EMAMIPAP
542602 Embassy Office Parks 47 - EMBASSY
509525 Empire Inds. 48 19-Jul-19 -
540153 Endurance Technologi 7 01-Aug-19 ENDURANCE
532178 Engineers India 77 20-Sep-19 ENGINERSIN
533477 Enkei Wheels (India) 7 03-Jul-19 -
532700 Entertainment Networ 40 30-Jul-19 ENIL
539844 Equitas Holdings Ltd 47 27-Jul-19 EQUITAS
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL
Ticker Company Ind. Book NSE
Code Closure Code
540596 Eris Lifesciences 72 22-Sep-18 ERIS
500133 Esab India 38 07-Aug-19 ESABINDIA
500495 Escorts Ltd. 10 14-Jul-19 ESCORTS
500135 Essel Propack Ltd. 67 23-Jun-15 ESSELPACK
508906 Everest Industries L 18 19-Jul-18 EVERESTIND
500650 Excel Industries 70 07-Aug-19 EXCELINDUS
500086 Exide Inds. 7 27-Jul-19 EXIDEIND
530117 Fairchem Speciality 20 03-Aug-19 FAIRCHEM
531599 FDC Ltd. 72 01-Sep-18 FDC
500469 Federal Bank 44 19-Jul-19 FEDERALBNK
505744 Federal-Mogul Goetze 7 13-Sep-19 FMGOETZE
590024 Fertilisers & Ch 43 18-Sep-18 FACT
532768 FIEM Industries 7 15-Sep-19 FIEMIND
526227 Filatex India 86 21-Sep-19 FILATEX
541557 Fine Organic Indus 20 27-Jul-19 FINEORG
508954 Finkurve Financial S 47 22-Sep-18 -
500144 Finolex Cables 14 07-Sep-19 FINCABLES
500940 Finolex Industri 74 14-Sep-19 FINPIPE
532809 Firstsource Solution 24 27-Jul-19 FSL
502865 Forbes & Company Ltd 38 20-Aug-19 -
500033 Force Motors 9 14-Sep-19 FORCEMOT
532843 Fortis Healthcare 51 20-Sep-16 FORTIS
500150 Foseco India Lim 20 19-Apr-19 FOSECOIND
533400 Future Consumer 41 23-Aug-18 FCONSUMER
523574 Future Enterprises 79 20-Aug-15 FEL
536507 Future Lifestyle 79 20-Aug-15 FLFL
540064 Future Retail L 79 - FRETAIL
540798 Future Supply Chain 57 - FSC
507488 G M Breweries Ltd. 12 08-May-19 GMBREW
505714 Gabriel India 7 07-Aug-19 GABRIEL
532155 GAIL (India) Ltd. 66 13-Aug-19 GAIL
539228 Gala Global Products 60 23-Sep-16 -
540935 Galaxy Surfacta. 20 03-Aug-19 GALAXYSURF
533265 Gallantt Ispat Ltd. 54 21-Sep-18 GALLISPAT
513108 Gandhi Special 54 13-Jul-19 GANDHITUBE
514167 Ganesha Ecosphere 86 30-Aug-19 GANECOS
542011 Garden Reach Ship 82 14-Sep-19 GRSE
500655 Garware Poly. 67 18-Sep-19 -
509557 Garware Tech. Fibres 86 11-Sep-19 GARFIBRES
532622 Gateway Distriparks 57 03-Aug-19 GDL
532345 Gati Ltd. 28 12-Sep-18 GATI
532767 Gayatri Projects 25 23-Sep-19 GAYAPROJ
532309 GE Power India 76 17-Jul-19 GEPIL
522275 GE T&D India 76 18-Jul-19 GET&D
540755 General Ins. Corp. 47 16-Mar-98 GICRE
530343 Genus Power Infrastr 34 31-Aug-19 GENUSPOWER
532285 Geojit Financial 47 25-Jul-19 GEOJITFSL
500173 GFL L 20 13-Sep-19 GFLLIMITED
500171 GHCL 21 24-May-19 GHCL
511676 GIC Housing Fi 46 14-Sep-19 GICHSGFIN
507815 Gillette India Ltd. 41 24-Nov-18 GILLETTE
-- GKW L 38 12-Jul-19 GKWLIMITED
500660 GlaxoSmithKline Phar 72 15-Jul-19 GLAXO
500676 GlaxoSmithKlineConsu 41 27-Jul-19 GSKCONS
532296 Glenmark Pharma 72 21-Sep-19 GLENMARK
533104 Globus Spirits Ltd. 12 28-Aug-19 GLOBUSSPR
505255 GMM Pfaudler Ltd 39 08-Aug-19 GMMPFAUDLR
532754 GMR Infrastructure L 53 09-Sep-19 GMRINFRA
540124 GNA Axles 7 - GNA
506480 GOCL Corporation 59 12-Sep-19 GOCLCORP
532734 Godawari Power & Isp 54 03-Aug-19 GPIL
500163 Godfrey Phillips Ind 41 17-Sep-19 GODFRYPHLP
540743 Godrej Agrovet L 41 27-Jul-19 GODREJAGRO
532424 Godrej Consumer Prod 41 08-Aug-16 GODREJCP
500164 Godrej Industries Lt 41 06-Aug-19 GODREJIND
533150 Godrej Properties Lt 25 29-Jul-15 GODREJPROP
532630 Gokaldas Exports 86 05-Sep-19 GOKEX
500166 Goodricke Group 73 21-Jul-18 -
500168 Goodyear India 89 06-Aug-19 -
539235 Grandeur Products 87 22-Sep-18 -
532482 Granules India L 72 23-Aug-19 GRANULES
509488 Graphite India Ltd. 37 22-Jun-19 GRAPHITE
500300 Grasim Inds. 31 13-Aug-19 GRASIM
505710 Grauer & Weil 20 31-Aug-19 -
500620 Great Eastern 83 02-Aug-19 GESHIP
501455 Greaves Cotton 38 02-Aug-19 GREAVESCOT
538979 Greenlam Industries 55 04-Aug-19 GREENLAM
526797 Greenply Industr 55 02-Sep-19 GREENPLY
506076 Grindwell Norton 38 19-Jul-19 GRINDWELL
501314 Gromo Trade & Consul 47 10-Sep-19 -
511288 GRUH Finance Li 46 11-Jul-19 GRUH
500690 GSFC 43 12-Sep-19 GSFC
532775 GTL Infrastructure 85 23-Sep-15 GTLINFRA
51
Databank
Ticker Company Ind. Book NSE
Code Closure Code
540602 GTPL Hathway 40 23-Aug-19 GTPL
509079 Gufic BioSciences Lt 72 24-Sep-19 GUFICBIO
530001 Guj. Alkalie & C 21 21-Sep-19 GUJALKALI
524226 Guj. Amb.Exports 33 27-Jul-19 GAEL
523768 Guj. Borosil Ltd 48 02-Aug-18 -
517300 Guj. Industries 75 30-Aug-19 GIPCL
532181 Guj. Mineral Dev 63 24-Sep-19 GMDCLTD
539336 Gujarat Gas 58 14-Sep-19 GUJGASLTD
500670 Gujarat Narmada Vall 43 24-Aug-19 GNFC
533248 Gujarat Pipavav Port 82 01-Aug-19 GPPL
532702 GujaratStatePetronet 71 14-Sep-19 GSPL
538567 Gulf Oil Lubricants 59 12-Sep-19 GULFOILLUB
532708 GVK Power & Infrastr 75 23-Sep-19 GVKPIL
533162 Hathway Cable & Data 40 13-Aug-16 HATHWAY
531531 Hatsun Agro Prod 41 29-Aug-19 HATSUN
517354 Havells India 34 20-Jul-19 HAVELLS
508486 Hawkins Cookers 26 31-Jul-19 -
517271 HBL Power Systems Lt 7 20-Sep-19 HBLPOWER
532281 HCL Technologies 24 31-Jul-19 HCLTECH
500010 HDFC 46 23-Jul-19 HDFC
541729 HDFC AMC 47 06-Jul-19 HDFCAMC
500180 HDFC Bank 44 04-Jul-15 HDFCBANK
540777 HDFC Life Insurance 47 15-Jul-19 HDFCLIFE
539787 Healthcare Global En 51 23-Sep-18 HCG
509631 HEG Ltd. 37 14-Aug-19 HEG
500292 Heidelberg Cement In 17 15-Sep-18 HEIDELBERG
519552 Heritage Foods 41 23-Aug-19 HERITGFOOD
500182 Hero MotoCorp 6 18-Jul-19 HEROMOTOCO
524669 Hester Biosciences L 72 20-Jul-19 HESTERBIO
532129 Hexaware Technologie 24 05-Apr-19 HEXAWARE
541019 HG Infra Engineering 25 03-Aug-19 HGINFRA
524735 Hikal Ltd. 72 25-Jul-19 HIKAL
509675 HIL 18 18-Jul-19 HIL
500183 Himachal F. Comm 85 23-Sep-19 HFCL
500184 Himadri Speciality 20 19-Sep-19 HSCL
514043 Himatsingka Seid 86 17-Sep-19 HIMATSEIDE
513599 Hind. Copper 62 25-Jul-19 HINDCOPPER
519126 Hind. Food 41 20-Sep-19 HNDFDS
500186 Hind. Oil Explor 66 20-Aug-19 HINDOILEXP
500104 Hind. Petrol 78 10-Jun-19 HINDPETRO
500188 Hind. Zinc 62 26-Jul-19 HINDZINC
500185 Hind.ConstructionCo. 25 20-Sep-19 HCC
500440 Hindalco Indus. 3 17-Aug-19 HINDALCO
532859 Hinduja Global Solut 24 27-Sep-19 HGS
500189 Hinduja Ventures 81 12-Sep-19 HINDUJAVEN
541154 Hindustan Aeronautic 39 12-Sep-19 HAL
533217 Hindustan Media Vent 60 12-Sep-19 HMVL
500696 Hindustan Unilever L 41 22-Jun-19 HINDUNILVR
500191 HMT Ltd. 10 21-Sep-18 HMT
522064 Honda Siel Power 35 01-Aug-19 HONDAPOWER
517174 Honeywell Automation 38 09-Jul-15 HONAUT
500193 Hotel Leela Ven. 52 16-Sep-19 HOTELEELA
532662 HT Media 60 19-Sep-19 HTMEDIA
540530 HUDCO 46 15-Sep-19 HUDCO
509820 Huhtamaki PPL 67 26-Apr-19 PAPERPROD
500199 I G Petrochemicals 20 30-Jul-19 IGPL
532174 ICICI Bank 44 24-Jul-19 ICICIBANK
540716 ICICI Lombard Gen. 47 21-Jun-19 ICICIGI
540133 ICICI Pru Life 47 11-Jul-19 ICICIPRULI
541179 ICICI Securities 47 27-Jul-19 ISEC
532835 ICRA Ltd. 81 26-Sep-19 ICRA
500116 IDBI Bank Ltd. 45 14-Aug-19 IDBI
539437 IDFC First Bank 44 25-Jul-18 IDFCFIRSTB
532659 IDFC L 47 25-Jul-18 IDFC
507438 IFB Agro Indus 12 20-Jul-19 IFBAGRO
505726 IFB Industries 26 20-Jul-19 IFBIND
500106 IFCI Ltd. 47 22-Sep-18 IFCI
540774 IFGL Refractories 64 22-Jul-19 IFGLEXPOR
517380 Igarashi Motors Indi 34 21-Sep-19 IGARASHI
532636 IIFL Finance 47 25-Jul-18 IIFL
542773 IIFL Securities 47 - IIFLSEC
530005 India Cements Lt 17 06-Sep-19 INDIACEM
500201 India Glycols 20 16-Aug-19 INDIAGLYCO
540565 India Grid Trust 47 - INDIGRID
590065 India Motor Part 87 12-Sep-19 IMPAL
532240 India Nippon Ele 7 10-Aug-19 INDNIPPON
-- India Power Corp 75 05-Aug-19 DPSCLTD
532189 India Tourism De 52 09-Sep-19 ITDC
535789 Indiabulls Housing F 46 26-Aug-19 IBULHSGFIN
533520 Indiabulls Integrate 25 28-Sep-19 IBULISL
532832 Indiabulls Real Esta 25 26-Sep-19 IBREALEST
532960 Indiabulls Ventures 47 26-Sep-19 IBVENTURES
542726 IndiaMART InterMESH 81 - INDIAMART
52 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
Company Index
Ticker Company Ind. Book NSE
Code Closure Code
532814 Indian Bank 45 22-Jun-19 INDIANB
540750 Indian Energy Exchan 47 12-Sep-19 IEX
500850 Indian Hotels Co 52 14-Jun-19 INDHOTEL
504741 Indian Hume Pipe 18 16-Jul-19 INDIANHUME
533047 Indian Metal & F 54 10-Jul-19 IMFA
530965 Indian Oil Corp 78 23-Aug-19 IOC
532388 Indian Overseas 45 04-Jul-19 IOB
533329 Indian Terrain Fashi 86 15-Sep-18 INDTERRAIN
521016 Indo Count Inds. 86 09-Aug-17 ICIL
500207 Indo Rama Synth. 86 19-Jul-19 INDORAMA
532612 Indoco Remedies 72 26-Aug-19 INDOCO
541336 Indostar Capital Fin 47 24-Aug-19 INDOSTAR
532514 Indraprastha Gas Ltd 64 14-Sep-19 IGL
532187 IndusInd Bank 44 10-Aug-19 INDUSINDBK
506222 INEOS Styrolution 71 02-Aug-19 INEOSSTYRO
539807 Infibeam Avenues 24 23-Jul-19 INFIBEAM
532777 Info Edge (India) 64 07-Aug-19 NAUKRI
500209 Infosys 24 15-Jun-19 INFY
500210 Ingersoll Rand 22 14-Aug-19 INGERRAND
532706 Inox Leisure 40 06-Sep-19 INOXLEISUR
539083 Inox Wind Ltd. 39 11-Sep-19 INOXWIND
532851 Insecticides (India) 70 27-Jul-19 INSECTICID
538835 Intellect Design 24 09-Aug-19 INTELLECT
539448 InterGlobe Aviation 2 21-Aug-19 INDIGO
502330 International Paper 69 21-Aug-15 IPAPPM
524164 IOL Chemicals and Ph 72 23-Aug-19 IOLCP
500214 Ion Exchange (India) 38 22-Aug-19 -
524494 Ipca Laboratorie 72 08-Aug-19 IPCALAB
532947 IRB Infrastructure 25 24-Sep-19 IRB
540526 IRB InvIT Fund 47 27-Jul-19 IRBINVIT
541956 Ircon Internatio 38 28-Aug-19 IRCON
533033 ISGEC Heavy Eng 39 02-Aug-19 -
508807 IST Ltd. 7 23-Sep-19 -
500875 ITC Ltd. 41 24-May-19 ITC
509496 ITD Cementation Indi 25 02-Aug-19 ITDCEM
523610 ITI 85 20-Sep-18 ITI
506943 J B Chemicals & Phar 72 17-Aug-19 JBCHEPHARM
532940 J Kumar Infraproject 25 18-Sep-19 JKIL
532705 Jagran Prakashan 60 21-Sep-19 JAGRAN
512237 Jai Corp Ltd. 54 24-Sep-19 JAICORPLTD
500219 Jain Irrigation 64 16-Sep-19 JISLJALEQS
532627 Jaiprakash Power Ven 75 14-Sep-19 JPPOWER
532532 JaiprakashAssociates 25 15-Dec-18 JPASSOCIAT
532209 Jammu & Kashmir Bank 44 13-Jul-16 J&KBANK
520051 Jamna Auto Inds. 7 22-Jul-19 JAMNAAUTO
520066 Jay Bharat Marut 7 07-Sep-19 JAYBARMARU
524330 Jayant Agro Org 20 22-Jun-19 JAYAGROGN
532605 JBM Auto 7 07-Sep-19 JBMA
532617 Jet Airways 2 03-Aug-18 JETAIRWAYS
500227 Jindal Poly Films 67 19-Sep-19 JINDALPOLY
500378 Jindal Saw 54 03-Sep-19 JINDALSAW
532286 Jindal St & Pwr 54 23-Sep-19 JINDALSTEL
532508 Jindal Stainless 54 23-Aug-19 JSL
539597 Jindal Stainless (Hi 54 28-Aug-19 JSLHISAR
531543 Jindal Worldwide 86 21-Sep-19 JINDWORLD
532644 JK Cement 17 25-Jul-19 JKCEMENT
500380 JK Lakshmi Cement L 17 24-Aug-19 JKLAKSHMI
532162 JK Paper Ltd. 69 16-Aug-19 JKPAPER
530007 JK Tyre & Industries 89 08-Aug-19 JKTYRE
523405 JM Financial Ltd. 47 14-May-19 JMFINANCIL
522263 JMC Projects 25 24-Jul-19 JMCPROJECT
523398 Johnson Controls-Hit 26 10-Aug-19 JCHAC
533148 JSW Energy Ltd. 75 06-Aug-19 JSWENERGY
532642 JSW Holdings 47 11-Jun-19 JSWHL
500228 JSW Steel 54 10-Jul-19 JSWSTEEL
520057 JTEKT India 7 03-Aug-19 JTEKTINDIA
533155 Jubilant Foodworks L 41 18-Sep-19 JUBLFOOD
530019 Jubilant Life Scienc 72 14-Sep-19 JUBILANT
531337 Jump Networks 24 22-Sep-18 JUMPNET
535648 Just Dial 81 14-Sep-15 JUSTDIAL
532926 Jyothy Labs 41 16-Jul-19 JYOTHYLAB
500233 Kajaria Ceramics 19 20-Aug-19 KAJARIACER
522287 Kalpataru Power 76 24-Jul-19 KALPATPOWR
533302 Kalyani Investment 47 27-Aug-19 KICL
500235 Kalyani Steel 54 20-Aug-19 KSL
532468 Kama Holdings Ltd. 47 23-Sep-19 -
500165 Kansai Nerolac Paint 68 15-Jun-19 KANSAINER
532652 Karnataka Bank 44 31-Jul-19 KTKBANK
590003 Karur Vysya Bank 44 12-Jul-19 KARURVYSYA
532899 Kaveri Seed Company 50 16-Sep-19 KSCL
524444 Kavit Industries 33 23-Sep-17 -
539276 Kaya L 41 27-Jul-18 KAYA
590066 KCP Ltd. 17 01-Aug-19 KCP
Ticker Company Ind. Book NSE
Code Closure Code
532054 KDDL Ltd. 26 04-Sep-19 KDDL
532714 KEC International Lt 76 17-Jul-19 KEC
517569 KEI Industries 13 11-Sep-19 KEI
505890 Kennametal India 38 04-Nov-19 KENNAMET
502937 Kesoram Industri 31 20-Jul-19 KESORAMIND
532732 Kewal Kiran Clothing 79 12-Sep-19 KKCL
540775 Khadim India 56 02-Aug-19 KHADIM
524019 Kingfa Science & Tec 74 20-Sep-19 KINGFA
540680 KIOCL 63 27-Aug-19 KIOCL
532967 Kiri Industries 32 20-Sep-19 KIRIINDUS
500241 Kirloskar Bros. 38 20-Jul-15 KIRLOSBROS
500245 Kirloskar Ferrou 54 15-Jul-19 -
500243 Kirloskar Industries 38 02-Aug-19 KIRLOSIND
533293 Kirloskar Oil Engine 38 03-Aug-19 KIRLOSENG
505283 Kirloskar Pneumatic 22 13-Jul-19 -
521248 Kitex Garments 86 21-Aug-19 KITEX
532942 KNR Constructions 25 24-Sep-19 KNRCON
523207 Kokuyo Camlin 60 05-Aug-19 KOKUYOCMLN
532924 Kolte-Patil Develope 25 14-Sep-19 KOLTEPATIL
500247 Kotak Mahindra Bank 44 16-Jul-19 KOTAKBANK
523323 Kovai Medical 51 08-Aug-19 -
542651 KPIT Technologies 24 - KPITTECH
532889 KPR Mill Ltd. 86 22-Aug-19 KPRMILL
530813 KRBL Ltd. 87 30-Aug-19 KRBL
500249 KSB Ltd 38 28-Apr-19 KSB
519421 KSE 5 25-Aug-19 -
532937 Kuantum Papers 69 07-Aug-19 -
536170 Kushal L 69 04-Dec-18 -
500510 L&T 25 26-Jul-19 LT
533519 L&T Finance Holdings 47 23-Jul-19 L&TFH
540005 L&T Infotech 24 15-Jul-19 LTI
540115 L&T Technology Serv 38 13-Jul-19 LTTS
526947 La Opala RG Ltd. 48 01-Aug-19 LAOPALA
500252 Lakshmi Machines 39 16-Jul-19 LAXMIMACH
534690 Lakshmi Vilas Ba 44 11-Jul-17 LAKSHVILAS
540222 Laurus Labs 72 05-Jul-19 LAURUSLABS
541233 Lemon Tree Hotels 52 - LEMONTREE
500250 LG Balakrishnan&Bros 7 12-Jul-19 LGBBROSLTD
500253 LIC Housing Fi 46 20-Aug-19 LICHSGFIN
523457 Linde India 64 10-May-19 LINDEINDIA
532783 LT Foods Ltd. 87 24-Sep-19 DAAWAT
532796 Lumax Auto Technolog 7 17-Aug-19 LUMAXTECH
517206 Lumax Inds. 7 17-Aug-19 LUMAXIND
500257 Lupin Ltd. 72 31-Jul-19 LUPIN
539542 Lux Industries 86 30-Aug-19 LUXIND
522241 M M Forgings Ltd. 16 23-Aug-19 MMFL
532720 M&M Fin.Services 47 17-Jul-19 M&MFIN
507836 Mac Charles 52 17-Aug-19 -
524000 Magma Fincorp Ltd. 47 26-Jul-19 MAGMA
500266 Maha. Scooters 6 13-Jul-19 MAHSCOOTER
500265 Maha. Seamless 54 19-Sep-18 MAHSEAMLES
539957 Mahanagar Gas 58 03-Sep-19 MGL
-- Maheshwari Logist 88 19-Sep-18 MAHESHWARI
500520 Mahi. & Mahi 8 20-Jul-19 M&M
532756 Mahindra CIE Auto 16 30-Apr-19 MAHINDCIE
533088 Mahindra Holidays 52 25-Jul-19 MHRIL
532313 Mahindra Lifespace D 25 20-Jul-19 MAHLIFE
540768 Mahindra Logistics L 57 25-Jul-19 MAHLOG
590078 Maithan Alloys Ltd. 42 14-Aug-19 MAITHANALL
539289 Majesco L 24 01-Aug-19 MAJESCO
533169 Man Infraconstructio 25 05-Sep-19 MANINFRA
531213 Manappuram Finance 47 31-Jul-15 MANAPPURAM
502157 Mangalam Cement 17 13-Sep-19 MANGLMCEM
530011 Mangalore Chem. 43 21-Aug-19 MANGCHEFER
500109 Mangalore Refine 78 03-Jun-19 MRPL
503101 MarathonNextgenRea 25 19-Sep-19 MARATHON
531642 Marico Ltd. 41 28-Jul-17 MARICO
524404 Marksans Pharma 72 21-Sep-19 MARKSANS
532500 Maruti Suzuki India 8 17-Aug-19 MARUTI
540749 Mas Financial Servic 47 20-Jun-19 MASFIN
523704 Mastek Li 24 15-Jul-19 MASTEK
540704 Matrimony.com 81 - MATRIMONY
500271 Max Financial Servic 47 19-Sep-18 MFSL
539981 Max India 47 27-Jul-19 MAXINDIA
539940 Max Ventures and Ind 47 19-Sep-18 MAXVIL
522249 Mayur Uniquoters 74 05-Jul-19 MAYURUNIQ
534091 MCX 47 14-Sep-19 MCX
512267 Media Matrix Worldwi 40 25-Sep-19 -
531146 Medicamen Biotec 72 20-Sep-18 -
532865 Meghmani Organics 70 19-Jul-19 MEGH
523828 Menon Bearings L 11 12-Jul-19 MENONBE
539126 MEP Infrastructure 53 31-Aug-19 MEP
542650 Metropolis Healthcar 51 - METROPOLIS
Ticker Company Ind. Book NSE
Code Closure Code
538962 Minda Corporation 7 23-Sep-19 MINDACORP
532539 Minda Industries 7 31-Jul-19 MINDAIND
532819 MindTree Ltd. 24 10-Jul-19 MINDTREE
526642 Mirza International 56 12-Sep-19 MIRZAINT
541195 Mishra Dhatu Nig 54 19-Sep-19 MIDHANI
539594 Mishtann Foods L 1 20-Sep-19 -
513377 MMTC Ltd. 87 21-Sep-19 MMTC
533286 MOIL Ltd. 63 09-Sep-17 MOIL
533080 Mold-Tek Packaging 74 24-Sep-19 MOLDTKPAC
513446 Monnet Ispat & Energ 54 12-Jul-19 AIONJSW
524084 Monsanto India 70 12-Jun-19 MONSANTO
538836 Monte Carlo Fashions 86 21-Sep-18 MONTECARLO
500288 Morepen Labs.Lt 72 07-Sep-19 MOREPENLAB
523160 Morganite Crucible ( 64 01-Aug-19 -
517334 MothersonSumiSystems 7 11-Aug-19 MOTHERSUMI
532892 Motilal Oswal Financ 47 03-Aug-15 MOTILALOFS
526299 MphasiS Ltd. 24 13-Jul-19 MPHASIS
532440 MPS Ltd. 60 18-Jul-19 MPSLTD
500290 MRF Ltd 89 03-Aug-19 MRF
542597 MSTC Ltd. 87 18-Sep-19 MSTCLTD
500108 MTNL 65 22-Sep-18 MTNL
500460 Mukand Ltd. 54 27-Jul-19 MUKANDLTD
520059 Munjal Auto Industr. 7 26-Aug-19 MUNJALAU
520043 Munjal Showa Ltd 7 17-Aug-19 MUNJALSHOW
540366 Music Broadcast 40 13-Sep-19 RADIOCITY
511766 Muthoot Capital 47 31-May-16 MUTHOOTCAP
533398 Muthoot Finance 47 22-Sep-19 MUTHOOTFIN
516082 N R Agarwal Indu 69 10-Sep-19 NRAIL
524709 NACL Industries L 70 03-Aug-19 NACLIND
539551 Narayana Hrudayalaya 51 - NH
524816 Natco Pharma 72 03-Sep-19 NATCOPHARM
537291 Nath Bio-Genes 50 05-Aug-19 NATHBIOGEN
532234 National Alumini 3 13-Sep-19 NATIONALUM
523630 National Fertilizers 43 12-Sep-19 NFL
500298 National Peroxid 20 24-Jul-19 -
513023 Nava Bharat Ventures 75 03-Aug-19 NBVENTURES
532504 Navin Fluorine Inter 20 11-Jun-19 NAVINFLUOR
539332 Navkar Corporation L 57 20-Sep-18 NAVKARCORP
508989 Navneet Education 60 17-Jul-19 NAVNETEDUL
534309 NBCC (India) 25 16-Sep-19 NBCC
-- NBI Industrial Fin 47 07-Sep-19 NBIFIN
500294 NCC 25 13-Aug-19 NCC
502168 NCL Industries 17 21-Sep-19 NCLIND
532864 Nelcast Ltd. 16 27-Jul-19 NELCAST
504112 Nelco Ltd 85 17-Jul-19 NELCO
542665 Neogen Chemicals 20 13-Sep-19 NEOGEN
505355 Nesco Ltd. 81 30-Jul-19 NESCO
500790 Nestle India 41 03-May-19 NESTLEIND
532798 Network 18 Media & I 47 14-Aug-18 NETWORK18
524558 Neuland Laborat 72 29-Jun-19 NEULANDLAB
540900 Newgen Software Tech 24 03-Aug-19 NEWGEN
533098 NHPC 75 14-Sep-19 NHPC
500304 NIIT Ltd. 24 01-Aug-19 NIITLTD
532541 NIIT Technologies 24 15-Sep-18 NIITTECH
523385 Nilkamal Ltd. 74 22-Jun-19 NILKAMAL
500307 Nirlon 64 23-Aug-19 -
538772 Niyogin Fintech 47 12-Sep-19 -
513683 NLC India L 75 26-Jul-19 NLCINDIA
526371 NMDC Ltd. 63 24-Aug-19 NMDC
500730 NOCIL Ltd. 71 24-Jul-19 NOCIL
500672 Novartis 72 02-Aug-19 -
530367 NRB Bearings Lim 11 03-Aug-19 NRBBEARING
532555 NTPC 75 15-Aug-19 NTPC
531209 Nucleus Software 24 02-Jul-19 NUCLEUS
533273 Oberoi Realty 25 27-Jun-15 OBEROIRLTY
533106 Oil India Ltd. 66 11-Aug-19 OIL
532439 Olectra Greentech 34 03-Sep-19 OLECTRA
532880 Omaxe Ltd. 25 21-Sep-19 OMAXE
500312 ONGC 66 23-Sep-17 ONGC
532944 OnMobile Global Ltd. 65 11-Sep-19 ONMOBILE
530135 Optiemus Infracom 85 22-Sep-18 OPTIEMUS
532466 Oracle Financial Ser 24 02-Aug-19 OFSS
535754 Orient Cement Ltd. 17 26-Jul-19 ORIENTCEM
541301 Orient Electric 34 13-Jul-19 ORIENTELEC
502420 Orient Paper 69 12-Jul-19 ORIENTPPR
534076 Orient Refractories 64 02-Jul-19 ORIENTREF
500078 Oriental Aromatics 20 18-Sep-19 OAL
500315 Oriental Bank of 45 23-Jun-19 ORIENTBANK
506579 Oriental Carbon 15 20-Jul-19 OCCL
500314 Oriental Hotels 52 17-Jul-19 ORIENTHOT
590086 Orissa Minerals Deve 63 05-Jul-19 ORISSAMINE
500126 P&G Health 72 25-May-19 PGHL
500459 P&G Hygiene&Health 41 23-Nov-18 PGHH
DSIJ.in
 Ticker Company Ind. Book NSE
Code Closure Code
532827 Page Industries Ltd. 86 12-Jul-19 PAGEIND
532900 Paisalo Digital L 47 04-Aug-19 PAISALO
531349 Panacea Biotec L 72 23-Sep-19 PANACEABIO
524820 Panama Petrochem 20 11-Sep-19 PANAMAPET
539889 Parag Milk Foods 41 24-Sep-19 PARAGMILK
531120 Patel Engg. Ltd. 25 22-Sep-15 PATELENG
532742 Paushak Ltd. 20 01-Aug-19 -
534809 PC Jeweller L 30 22-Sep-18 PCJEWELLER
538730 PDS Multi. Fashions 86 15-Sep-18 PDSMFL
513228 Pennar Industrie 54 20-Sep-18 PENIND
533179 Persistent Systems 24 15-Jul-19 PERSISTENT
532522 PetronetLNG 78 21-Aug-19 PETRONET
500680 Pfizer Ltd. 72 03-Aug-19 PFIZER
506590 Phillips Carbon 15 13-Jul-19 PHILIPCARB
503100 Phoenix Mills 25 19-Sep-19 PHOENIXLTD
523642 PI Industries 70 03-Sep-19 PIIND
500331 Pidilite Inds. 20 31-Jul-19 PIDILITIND
539883 Pilani Investmen 47 19-Sep-19 PILANIINVS
500302 Piramal Enterprises 72 20-Jul-19 PEL
523648 Plastiblends Ind 74 20-Jul-19 PLASTIBLEN
532366 PNB Gilts Ltd. 47 17-Aug-19 PNBGILTS
540173 PNB Housing Finance 46 23-Jul-19 PNBHOUSING
539150 PNC Infratech 25 24-Sep-19 PNCINFRA
532486 Pokarna Ltd. 49 10-Sep-19 POKARNA
531768 Poly Medicure Lt 61 17-Sep-19 POLYMED
542652 Polycab India 13 20-Jun-19 POLYCAB
524051 Polyplex Corpn. 67 29-Aug-19 POLYPLEX
532810 Power Finance Co 47 22-Aug-19 PFC
532898 Power Grid Corpo 76 21-Aug-19 POWERGRID
539302 Power Mech Projects 77 23-Sep-19 POWERMECH
539351 Prabhat Dairy 41 15-Sep-18 PRABHAT
540027 Prabhat Telecoms (In 85 13-Sep-18 -
522205 Praj Industries 39 17-Jul-19 PRAJIND
506022 Prakash Indus. 54 24-Sep-19 PRAKASH
540724 Prataap Snacks 41 21-Sep-19 DIAMONDYD
523539 Precision Wires 62 12-Sep-19 PRECWIRE
533274 Prestige Estates Pro 25 19-Sep-19 PRESTIGE
532748 Prime Focus 40 22-Sep-18 PFOCUS
500338 Prism Johnson 17 25-Jul-19 PRSMJOHNSN
540544 PSP Projects 25 11-Sep-19 PSPPROJECT
532524 PTC India 75 24-Sep-19 PTC
533344 PTC India Financial 47 24-Sep-19 PFS
533295 Punj. & Sind Ban 45 05-Jul-19 PSB
532461 Punj. NationlBak 45 08-Jul-19 PNB
506618 Punjab Chemicals and 70 05-Aug-19 PUNJABCHEM
532891 Puravankara 25 20-Sep-19 PURVA
532689 PVR Ltd. 40 18-Jul-19 PVR
539978 Quess Corp 81 18-Jul-19 QUESS
539678 Quick Heal Technolog 24 09-Jul-19 QUICKHEAL
532735 R Systems Internat. 24 24-May-18 RSYSTEMS
532497 Radico Khaitan Ltd. 12 21-Sep-19 RADICO
542649 Rail Vikas Nigam 25 11-Sep-19 RVNL
500339 Rain Industries 17 02-May-19 RAIN
532503 Rajapalayam Mill 86 07-Aug-15 -
531500 Rajesh Exports L 30 24-Sep-19 RAJESHEXPO
500355 Rallis India 70 21-Jun-19 RALLIS
532369 Ramco Industries 18 17-Sep-15 RAMCOIND
532370 Ramco Systems Lt 24 06-Aug-15 RAMCOSYS
532527 Ramkrishna Forgings 16 31-Aug-19 RKFORGE
533262 Ramky Infrastructure 25 24-Sep-15 RAMKY
532987 Rane Brake Lining Lt 7 13-Jul-15 RBL
505800 Rane Holdings Ltd. 47 05-Aug-15 RANEHOLDIN
524230 Rashtriya Chemicals 43 18-Sep-19 RCF
520111 Ratnamani Metals 54 03-Aug-19 RATNAMANI
533122 RattanIndia Power 75 24-Sep-18 RTNPOWER
504341 Ravindra Energy Ltd. 75 20-Sep-19 -
500330 Raymond Ltd 86 25-May-19 RAYMOND
540065 RBL Bank 44 03-Jul-19 RBLBANK
532955 REC 47 23-Aug-19 RECLTD
532805 Redington (India) Lt 23 24-Jul-19 REDINGTON
530517 Relaxo Footwears 56 20-Sep-19 RELAXO
500111 Reliance Capital 47 15-Sep-18 RELCAPITAL
523445 Reliance Ind.Inf 77 24-May-16 RIIL
500325 Reliance Inds. 78 12-May-15 RELIANCE
500390 Reliance Infrastruct 75 15-Sep-18 RELINFRA
540767 Reliance NipLifeAML 47 15-Sep-18 RNAM
532939 Reliance Power L 75 15-Sep-18 RPOWER
532915 Religare Enterprises 47 13-Sep-18 RELIGARE
532923 Renaissance Global 30 31-Jul-19 RGL
535322 Repco Home Finance L 46 21-Sep-19 REPCOHOME
532687 Repro India Ltd. 60 25-Aug-19 REPRO
505509 Responsive Industrie 74 21-Sep-19 RESPONIND
520008 Rico Auto Inds. 7 24-Sep-19 RICOAUTO
541556 Rites Ltd. 77 24-Jul-19 RITES
DSIJ.in
Ticker Company Ind. Book NSE
Code Closure Code
500365 RMG Alloy Steel 54 19-Sep-18 -
503169 Ruby Mills 86 13-Sep-19 RUBYMILLS
533552 Rupa & Company L 86 31-Aug-19 RUPA
539450 S H Kelkar & Company 20 03-Aug-19 SHK
540048 S P Apparels Ltd. 86 13-Sep-19 SPAL
532710 Sadbhav Engineering 25 19-Sep-19 SADBHAV
539346 Sadbhav Infrastructu 53 19-Sep-19 SADBHIN
523025 Safari Indus. 67 03-Aug-19 SAFARI
502090 Sagar Cements 17 18-Jul-19 SAGCEM
515043 Saint-Gobain Sekurit 48 27-Jul-19 -
526725 Sandesh 60 21-Sep-18 SANDESH
541163 Sandhar Technologies 7 03-Sep-19 SANDHAR
504918 Sandur M & I Ore 63 16-Sep-19 -
526521 Sanghi Industrie 18 29-Sep-15 SANGHIIND
530073 Sanghvi Movers L 39 25-Jul-19 SANGHVIMOV
500674 Sanofi India 72 30-Apr-19 SANOFI
504614 Sarda Energy & Miner 54 19-Aug-19 SARDAEN
532163 Saregama India Ltd. 40 13-Jul-19 SAREGAMA
532663 Sasken Technologies 24 13-Jul-19 SASKEN
539201 Satia Industries 69 24-Sep-19 SATIA
539404 Satin Creditcare 47 30-Jun-19 SATIN
524667 Savita Oil Tech 71 10-Sep-19 SOTL
523710 Sayaji Hotels Lt 52 09-Sep-19 -
500112 SBI 45 19-Jun-18 SBIN
540719 SBI Life Insurance 47 - SBILIFE
505790 Schaeffler India 11 24-Apr-19 SCHAEFFLER
534139 Schneider Electric 34 06-Sep-19 SCHNEIDER
526807 Seamec Ltd. 83 20-Sep-18 SEAMECLTD
540673 Security and Intelli 81 21-Jun-19 SIS
512529 Sequent Scientific 72 23-Aug-19 SEQUENT
502450 Seshasayee Paper 69 18-Jul-19 SESHAPAPER
524324 Seya Industries 20 21-Sep-19 SEYAIND
501423 Shaily Engineering P 74 05-Aug-19 -
531431 Shakti Pumps (In 38 20-Sep-19 SHAKTIPUMP
540797 Shalby 51 20-Aug-19 SHALBY
509874 Shalimar Paints 68 20-Sep-18 SHALPAINTS
540425 Shankara Building Pr 87 22-Jun-19 SHANKARA
522034 Shanthi Gears 7 13-Jul-19 SHANTIGEAR
538666 Sharda Cropchem 70 23-Aug-18 SHARDACROP
535602 Sharda Motor Ind 7 21-Sep-18 SHARDAMOTR
540203 Sheela Foam 71 09-Jul-19 SFL
538685 Shemaroo Entertainme 40 18-Sep-19 SHEMAROO
530549 Shilpa Medicare L 72 14-Sep-19 SHILPAMED
523598 Shipping Corpn. 83 18-Sep-19 SCI
532638 Shoppers Stop 79 24-Jul-19 SHOPERSTOP
500387 Shree Cement 17 02-Aug-19 SHREECEM
532670 Shree Renuka Sugars 84 25-Sep-19 RENUKA
-- Shrenik L 69 - SHRENIK
532498 Shriram City Uni 47 23-Jul-19 SHRIRAMCIT
532945 Shriram EPC Ltd. 77 09-Sep-19 SHRIRAMEPC
SHRIPIST Shriram Pistons 7 03-Jul-19 SHRIPISTON
511218 Shriram Trans.Fi 47 21-Jun-19 SRTRANSFIN
500550 Siemens Ltd. 38 30-Jan-19 SIEMENS
-- Sirca Paints India 68 21-Sep-18 SIRCA
503811 Siyaram Silk 86 09-Jul-19 SIYSIL
533206 SJVN Ltd. 75 21-Sep-19 SJVN
500472 SKF India 11 15-Jul-19 SKFINDIA
538562 Skipper Ltd. 38 06-Aug-19 SKIPPER
505192 SML Isuzu Ltd. 9 21-Sep-19 SMLISUZU
532815 SMS Pharmaceuticals 72 23-Sep-19 SMSPHARMA
538635 Snowman Logistics Lt 57 05-Aug-19 SNOWMAN
532784 Sobha 25 26-Jul-19 SOBHA
532725 Solar Industries Ind 64 20-Jul-19 SOLARINDS
541540 Solara Active Pharma 72 08-Aug-19 SOLARA
507514 Som Distilleries 12 19-Sep-19 SDBL
531548 Somany Ceramics Ltd. 19 03-Aug-19 SOMANYCERA
532221 Sonata Software 24 01-Aug-19 SONATSOFTW
532679 SORIL Infra Resource 79 28-Sep-19 SORILINFRA
532218 South Indian Ban 44 11-Jul-19 SOUTHBANK
542759 Spandana Sphoorty Fi 47 - SPANDANA
542337 Spencer's Retail 79 12-Jul-19 SPENCERS
590030 SPIC 43 02-Aug-19 SPIC
500285 Spicejet Ltd. 2 23-Nov-18 SPICEJET
535601 Sreeleathers Ltd. 56 18-Sep-19 SREEL
523756 SREI Infrastructure 47 13-Jul-18 SREINFRA
503806 SRF Ltd. 86 30-Jul-19 SRF
513605 Srikalahasthi Pipes 54 31-Aug-19 SRIPIPES
540575 Star Cement 17 19-Sep-19 STARCEMENT
512531 State Trading 87 17-Sep-19 STCINDIA
500113 Steel Authority 54 24-Aug-19 SAIL
513262 Steel Strips Wheels 7 24-Sep-19 SSWL
542760 Sterling and Wilson 38 - SWSOLAR
530759 Sterling Tools L 38 22-Sep-18 STERTOOLS
532374 Sterlite Technologie 14 20-Jul-19 STRTECH
Ticker Company Ind. Book NSE
Code Closure Code
504959 Stovec Indus. 39 02-May-19 -
532531 Strides Pharma Scien 72 23-Jul-19 STAR
526951 Stylam Industries 55 24-Sep-19 -
517168 Subros Ltd. 7 02-Aug-19 SUBROS
506655 Sudarshan Chem. 32 31-Jul-19 SUDARSCHEM
533306 Summit Securities 47 18-Sep-19 SUMMITSEC
532872 Sun Pharma Advanced 64 20-Jul-19 SPARC
524715 Sun Pharma. 72 22-Aug-19 SUNPHARMA
532733 Sun TV Network Ltd. 40 15-Sep-17 SUNTV
520056 Sundaram Clayton 7 19-Aug-15 SUNCLAYLTD
500403 Sundaram Fasten. 7 12-Aug-17 SUNDRMFAST
590071 Sundaram Finance 47 05-Jul-19 SUNDARMFIN
-- Sundaram Finance Hol 47 02-Jul-19 SUNDARMHLD
500404 Sunflag Iron 54 07-Sep-19 SUNFLAG
512179 Sunteck Realty Ltd. 25 24-Sep-19 SUNTECK
541701 Supershakti Metaliks 54 - -
532509 Suprajit Enginee 7 03-Aug-19 SUPRAJIT
509930 Supreme Inds. 74 04-Jul-19 SUPREMEIND
500405 Supreme Petroche 71 10-Jul-19 SUPPETRO
500336 Surya Roshni Ltd 54 11-Sep-18 SURYAROSNI
532782 Sutlej Textiles & In 86 25-Aug-18 SUTLEJTEX
530239 Suven Life Sciences 72 12-Aug-19 SUVEN
537259 Suyog Telematics 85 16-Sep-16 -
532667 Suzlon Energy Ltd. 39 14-Sep-19 SUZLON
505590 SVP Global Ventures 86 22-Sep-18 -
503310 Swan Energy Ltd. 86 05-Sep-19 SWANENERGY
500407 Swaraj Engines 38 13-Jul-19 SWARAJENG
517385 Symphony 26 06-Jul-19 SYMPHONY
532276 Syndicate Bank 45 22-Jun-19 SYNDIBANK
539268 Syngene Internationa 64 - SYNGENE
531426 T Nadu Newsprint 69 13-Sep-19 TNPL
532390 Taj GVK Hotels & Res 52 18-Jul-19 TAJGVK
532890 Take Solutions Ltd. 24 03-Aug-19 TAKE
532790 Tanla Solutions 24 24-Sep-19 TANLA
519091 Tasty Bite 41 20-Jul-19 TASTYBITE
500770 Tata Chemicals 21 02-Jul-19 TATACHEM
532301 Tata Coffee Ltd. 73 22-May-19 TATACOFFEE
500483 Tata Communications 65 27-Jul-19 TATACOMM
532540 Tata Consultancy 24 15-Jun-17 TCS
500408 Tata Elxsi Ltd. 24 10-Jul-19 TATAELXSI
500800 Tata Global Beverage 73 28-May-19 TATAGLOBAL
501301 Tata Investment 47 17-Jul-19 TATAINVEST
513434 Tata Metaliks 54 20-Aug-19 TATAMETALI
500570 Tata Motors Ltd. 9 20-Jul-16 TATAMOTORS
500400 Tata Power Co. 75 07-Jun-19 TATAPOWER
500470 Tata Steel 54 06-Jul-19 TATASTEEL
500055 Tata Steel BSL 54 31-Aug-19 TATASTLBSL
513010 Tata Steel Long Prod 54 06-Jul-19 TATASTLLP
532371 Tata Teleservices (M 65 26-Sep-18 TTML
540212 TCI Express 57 25-Jul-19 TCIEXP
532349 TCI Ltd. 88 24-Jul-19 TCI
541700 TCNS Clothing 86 20-Aug-19 TCNSBRANDS
533553 TD Power Systems Ltd 35 21-Sep-18 TDPOWERSYS
539658 TeamLease Service 81 01-Jul-17 TEAMLEASE
532755 Tech Mahindra Ltd. 24 27-Jul-19 TECHM
542141 Techno Electric&Eng 39 - TECHNOE
532804 Technocraft Industri 54 18-Sep-19 TIIL
540595 Tejas Networks 65 19-Jul-19 TEJASNET
505400 Texmaco Infrastructu 25 24-Aug-19 TEXINFRA
533326 Texmaco Rail & Engin 39 24-Aug-19 TEXRAIL
533158 Thangamayil Jeweller 30 26-Jul-19 THANGAMAYL
590062 The Andhra Sugars 21 17-Sep-18 ANDHRSUGAR
542460 The Anup Engineering 39 01-Aug-19 ANUP
530023 The Investment Trust 47 18-Sep-19 THEINVEST
540769 The New India Assur 47 23-Jul-18 NIACL
500260 The Ramco Cements 17 31-Jul-15 RAMCOCEM
500411 Thermax 38 30-Jul-18 THERMAX
500412 Thirumalai Chem. 20 19-Jul-19 TIRUMALCHM
500413 Thomas Cook (I) 64 02-Aug-19 THOMASCOOK
539871 Thyrocare Tech. 51 18-Aug-19 THYROCARE
590005 Tide Water Oil 59 24-Aug-19 TIDEWATER
532856 Time Technoplast Ltd 67 21-Sep-19 TIMETECHNO
500414 Timex Group India 26 31-Jul-19 -
522113 Timken India Ltd 11 06-Aug-19 TIMKEN
504966 Tin Plate Co. 62 14-Aug-19 TINPLATE
532966 Titagarh Wagons Ltd. 39 13-Sep-19 TWL
500114 Titan Company 30 31-Jul-19 TITAN
500420 Torrent Pharmac 72 20-Jun-18 TORNTPHARM
532779 Torrent Power Ltd. 75 12-Jun-18 TORNTPOWER
526650 Tourism Finance 47 03-Aug-19 TFCILTD
506687 Transpek Indus. 20 03-Aug-19 -
500251 Trent Ltd. 79 23-Jul-19 TRENT
532159 Trescon L 50 22-Sep-18 -
521064 Trident Ltd. 86 31-May-19 TRIDENT
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL
Ticker Company Ind. Book NSE
Code Closure Code
532356 Triveni Eng.&Ind.Ltd 84 21-Sep-15 TRIVENI
538569 Triveni Enterprises 86 07-Aug-18 -
533655 Triveni Turbine 35 07-Sep-18 TRITURBINE
507747 TTK Healthcare Ltd. 72 05-Aug-19 TTKHLTCARE
517506 TTK Prestige L 26 09-Aug-19 TTKPRESTIG
540762 Tube Investments 29 10-Jul-19 TIINDIA
532515 TV Today Network Ltd 40 06-Sep-19 TVTODAY
532800 TV18 Broadcast 40 14-Aug-18 TV18BRDCST
532343 TVS Motor Co. Ltd. 6 28-Jul-15 TVSMOTOR
509243 TVS Srichakra Lt 89 05-Sep-19 TVSSRICHAK
532505 UCO Bank 45 21-Jun-19 UCOBANK
530131 Udaipur Cement Works 17 11-Aug-19 -
500148 Uflex Ltd. 67 26-Jul-19 UFLEX
539141 UFO Moviez India Ltd 40 19-Jul-19 UFO
511742 Ugro Capital 47 12-Sep-19 -
539874 Ujjivan Financial 47 27-Jul-19 UJJIVAN
506685 Ultramarine Pig. 32 23-Jul-19 -
532538 UltraTech Cement 17 12-Jul-19 ULTRACEMCO
506690 Unichem Labs 72 22-Jul-19 UNICHEMLAB
532477 Union Bank of In 45 22-Jun-19 UNIONBANK
500429 Uniphos Enterprises 87 11-Aug-18 UNIENTER
532646 Uniply Industries 55 24-Sep-19 UNIPLY
533171 United Bank of I 45 21-Jun-19 UNITEDBNK
532478 United Breweries Ltd 12 16-Aug-19 UBL
532432 United Spirits 12 15-Aug-19 MCDOWELL-N
504212 Universal Cables 13 30-Jul-19 UNIVCABLES
512070 UPL 70 11-Aug-18 UPL
517146 Usha Martin Ltd. 54 15-Sep-19 USHAMART
532729 Uttam Sugar Mills 84 14-Sep-19 UTTAMSUGAR
534976 V Mart Retail 79 26-Jul-19 VMART
532953 V-Guard Ind.Ltd. 34 18-Jul-19 VGUARD
532867 V2 Retail 79 01-Sep-19 V2RETAIL
533269 Va Tech Wabag Ltd. 38 05-Aug-19 WABAG
519156 Vadilal Indus. 41 21-Sep-19 VADILALIND
532156 Vaibhav Global 79 13-Jul-19 VAIBHAVGBL
511431 Vakrangee 24 21-Sep-19 VAKRANGEE
540145 Valiant Organics 20 22-Sep-18 -
500439 Vardhman Holdings 47 20-Sep-19 VHL
502986 Vardhman Textiles Lt 86 20-Sep-19 VTL
541578 Varroc Engineering 7 - VARROC
540180 Varun Beverages Ltd. 12 10-Apr-19 VBL
500295 Vedanta 63 06-Jul-19 VEDL
523261 Venky's (India) Ltd. 50 21-Sep-19 VENKEYS
520113 Vesuvius India 64 29-Apr-15 VESUVIUS
524200 Vinati Organics 20 18-Jul-19 VINATIORGA
517015 Vindhya Telelink 14 30-Jul-19 VINDHYATEL
507880 VIP Indus. 74 23-Jul-19 VIPIND
511726 Vipul Ltd. 25 14-Sep-19 VIPULLTD
509055 Visaka Indus. 18 22-Jun-19 VISAKAIND
532822 Vodafone Idea L 65 20-Aug-19 IDEA
522122 Voith Paper Fabrics 86 17-Aug-19 -
532757 Voltamp Transformers 76 07-Aug-19 VOLTAMP
500575 Voltas Ltd. 26 19-Jul-19 VOLTAS
539118 VRL Logistics Ltd. 57 01-Aug-15 VRLLOG
509966 VST Industries 41 21-Aug-19 VSTIND
531266 VST Tillers Tr 10 03-Aug-19 VSTTILLERS
533023 WABCO India 7 16-Sep-17 WABCOINDIA
523660 Waterbase Ltd. 5 24-Sep-15 WATERBASE
532144 Welspun Corp 54 27-Jun-18 WELCORP
532553 Welspun Enterprises 25 27-Jul-19 WELENT
514162 Welspun India 86 15-Jul-19 WELSPUNIND
505412 Wendt India 38 15-Jul-19 WENDT
500444 West Coast Paper 69 24-Jul-19 WSTCSTPAPR
505533 Westlife Development 52 24-Sep-16 WESTLIFE
590073 Wheels India Ltd. 7 07-Aug-19 WHEELS
500238 Whirlpool of Ind 26 07-Aug-19 WHIRLPOOL
526586 Wim Plast Ltd 74 03-Aug-19 -
507685 Wipro Ltd 24 17-Jul-18 WIPRO
532300 Wockhardt Ltd. 72 06-Aug-19 WOCKPHARMA
538268 Wonderla Holidays Lt 64 03-Aug-19 WONDERLA
505872 WPIL Ltd. 38 03-Aug-19 -
532616 Xchanging Solutions 24 07-Aug-19 XCHANGING
532648 YES Bank Ltd. 44 06-Jun-19 YESBANK
522108 Yuken India 38 29-Aug-19 -
505537 Zee Entertainment En 40 11-Jul-15 ZEEL
533287 Zee Learn Ltd. 81 19-Sep-19 ZEELEARN
532794 Zee Media Corp 40 01-Aug-15 ZEEMEDIA
533339 Zen Technologies Ltd 24 22-Sep-18 ZENTEC
504067 Zensar Technologies 24 29-Jul-19 ZENSARTECH
505163 ZF Steering Gear 7 13-Sep-19 -
521163 Zodiac Clothing 86 27-Jul-19 ZODIACLOTH
ZOTAEQ Zota Healthcare 72 04-Aug-18 ZOTA
534742 Zuari Agro Chemicals 43 21-Jul-18 ZUARI
531335 Zydus Wellness Ltd. 41 19-Jul-19 ZYDUSWELL
53
Cover Story

To B o o s t Po r t fo l i o Re t u r n s
54 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in
 B
uy low and sell high is
the mantra that we
have been taught by
experts in the stock
market – something
that we have been
chanting and
practising regularly in
order to make profits in the market.
While this is an ideal strategy to make
profits there are some who believe in
‘buying high and selling higher’ strategy.
Investment professionals call it ‘momen-
tum investing’. Momentum investing is a
popular investing strategy adopted by
investors and traders and there is enough
evidence available that suggests market-
beating returns are possible to achieve by
adopting this strategy that bets on
trending stocks.
Yearly Returns (%)
Indices 1 3# 5# 10#
BSE Momentum Index -2.07 11.7 15.82 17.98
BSE Sensex -7.09 8.23 8.53 10.64
Data as on August 30, 2019 # Annualised Retunrs
Defining Momentum
Investing
Momentum investing strategy is different
in a way that it believes in ‘buy high sell
higher’ strategy, thus contradicting the
much popular strategy of ‘buy low and
sell high’. Richard Driehaus is one of the
earliest proponents of momentum invest-
ing strategy who successfully adopted
this strategy to run his funds. His
investment philosophy was always based
on the belief that more money could be
made by buying high and selling higher

List Of Stocks With Sustained Earnings Growth And Momentum In Earnings

Total Debt/ 3 Years CAGR 5 Year Operating
Company Name ROE (%) Equity(x) PAT (%) Profit CAGR (%)
Adani Gas 21.4 0.35 41.02 25.83
Aditya Birla Fashion and Retail 25.92 1.22 157.05 66.93
Ashok Leyland 25.59 0.08 71.93 69.31
Astrazeneca Pharma India 20.03 0 117.78 87.65
Avanti Feeds 22.35 0 21.27 25.09
Caplin Point Laboratories 41.3 0 48.35 43.02
Dilip Buildcon 27.02 1.12 51.25 28.11
Eris Lifesciences 28.21 0.15 27.38 31.62
Momentum investing Graphite India 77.34 0.08 198.98 68.46
Gulf Oil Lubricants India 34.66 0.49 20.99 786.79
strategy is touted by some HDFC Asset Management Company 35.08 0 24.85 21.18

to be the best investing HEG

Honeywell Automation India
110.37
22.73
0.18
0
725.23
36.43
77.87
33.31
strategy ever. Yogesh ICICI Securities 53.35 0.45 27.32 37.76
Jamna Auto Industries 29.71 0 24.54 45.83
Supekar discusses the KEI Industries 26.48 0.77 42.94 23.83

strategy in detail and tests Lux Industries

Meghmani Organics
27.68
21.97
0.44
0.39
25.4
66.83
22.03
27.2
whether the strategy Natco Pharma 20.11 0.11 55.7 36.15
Phillips Carbon Black 25.73 0.48 184.01 69.37
indeed helps achieving Procter & Gamble Health 73.79 0 149.95 63.6

alpha while Karan Star Cement

Sterlite Technologies
27.08
41.06
0.15
0.98
65.56
43.37
39.44
26.06
Bhojwani comes up with Sundram Fasteners 25.01 0.42 26.85 20.32
Tata Elxsi 34.5 0 23.24 24.68
couple of stock ideas TCNS Clothing Co 30.38 0 160.16 52.75

based on this unique TeamLease Services

VenkyS (India)
20.4
21.73
0
0.3
58.6
65.68
38.6
28.45
strategy Vinati Organics 30.57 0 28.97 22.92

DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 55

Cover Story
rather than ‘buying under-priced stocks Performance of stocks that have recently done well Vs those that have underperformed
and waiting for the market to re-evaluate BSE 500 Average returns BSE 500 Average returns
them. returns (Winners) BSE returns Performance (Losers) BSE 500 Performance
Year (H1) 500 stocks in H1 (H2) in H2 stocks in H1 in H2
Driehaus successfully explored options of
2008 -38 8.40 -30.81 -17.56 -69.48 -39.91
selling the losers and letting the winners
2009 52.19 177.00 23.94 50.51 -1.17 48.89
ride while re-investing the money from
2010 4.19 99.77 11.37 21.79 -25.7 25.62
the losers in other companies that
2011 -8.02 42.95 -20.46 -10.63 -39.05 -34.54
showed promise and are trending. The
2012 15.64 103.00 13.32 27.67 -19.52 15.18
techniques used by Driehaus slowly but
2013 -5.39 76.99 8.96 20.35 -52.31 17.4
surely became the basics of what is now
2014 25.43 181.40 8.90 29.50 -8.51 12.44
called momentum investing. Driehaus
believed strong earnings surprises, 2015 2.26 87.59 -3.00 34.77 -41.16 -1.05
upward earnings revisions, and both 2016 4.29 80.91 0.06 0.25 -35.48 10
accelerating and sustained earnings 2017 19.41 180.00 13.84 89.00 -20.79 24.15
growth is what pushes the stock prices 2018 -3.16 54.00 -0.09 -9.89 -51.94 6.71
higher. 6.25 99.27 2.36 21.43 -33 7.17
All Figures in (%)

Momentum investors have much to gain

from this philosophy that ensures
position will be taken in quality stocks
with earnings momentum only. Sus-
tained earnings growth is an essential
factor while identifying momentum
stocks under this approach. For long-
term momentum investors the momen-
tum in earnings growth is the most
important factor while making stock
selection.
However, for a majority of momentum
investors it is the momentum in price
that matters the most as the time horizon
for traders can be much shorter. Says
Vikrant Akolkar, who is a momentum
trader and investor: “For any strategy to
work, discipline is required, more so for a
momentum trader and investor as the
margin for error is minimal and one has
to act swiftly to book profits in such a
strategy. Also, what is important is that
the investor and the trader have to place
confidence in their own strategy.
Practically it matters a lot.”
Generating Market-Beat-
ing Returns
To understand if the momentum
investing strategy can generate market-
beating returns, we observed the data for
BSE 500 constituents for the past 10
years. With an objective to understand if
the winner continues to win and whether
it makes more sense to buy winners
rather than underperformers the data is
collected for top performers and worst
performers of BSE 500 constituents for
the chosen period.
The average return of the winner (top 20
BSE 500 constituents in H1) stocks in the
H1 (January 1 to June 30) for the last 10
years is 99.27% while that of losers (worst
20 BSE 500 constituents) is (-) 33% in the
similar period. Assuming an investor was
to invest fresh money adopting a
momentum investing strategy, he or she
will prefer to invest in those stocks that
have done well recently. Hypothetically,
let’s say a momentum investor chooses to
invest in all 20 winner stocks at BSE
constituents by mid-year and holds these
stocks for the next six months, the
average returns gained over 10 years by
adopting such a strategy would have
been 21.43% per annum. The returns
earned would have been as low as 7.17%
had the investor purchased the under-
performing stocks at BSE constituents.
This goes to show the extra returns
generated simply by buying those shares
that have done well recently. This
explains how momentum investing
strategy can prove to be a market-beating
strategy.
Reasons for Momentum
There have been several studies attempt-
ing to identify why the momentum
exists. Some of the observations are as
follows:
n Stocks where past returns accumulate
gradually exhibit more momentum
than stocks where returns are
accumulated in a lumpy fashion.
n Momentum arises principally in
optimistic periods because investors
under-react to bad news.
n Momentum is also caused because
several investors use overly simplified
models to evaluate stocks. There is
always a chance that an investor who
believes in a particular model uses
this model to make persistent
forecast errors. More relevant
information is missed out by the
decision-making tools and hence the
momentum continues in underlying
stocks as investors invest ignoring
pertinent information on markets
and underlying stocks.
n Momentum is also caused in the
underlying due to overreaction to
information because the traders often
continue with their directional bets
even when the pertinent news is fully
incorporated into stock prices.
Identifying Momentum
Stocks
If you believe that the trend is your truest
friend in the equity markets, chances are
you are a momentum investor already.
While the merits of adopting momentum
investing strategy are known, it is
observed that most investors do not have

56 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in


Expert Opinion
Sacchitanand Uttekar
DVP–Technical (Equity), Tradebulls Securities
M
omentum is nothing but
speed or velocity or rate of
change in a stock’s price
performance gauged with
respect to time consumed. A simple rule
of thumb to gauge whether the stock is
gaining momentum is to compare the
stock’s current price movement relatively
to its past normal behaviour. Ideally,
momentum occurs when a significant
rate of change is witnessed in the ongoing
direction of the stock’s price due to the
impact created by its related news or
information hitting the public domain. A
rapid shift in traders’ sentiment gets
triggered as volatility spikes, which adds
fuel to the fire and sets the momentum
for that particular stock. Momentum
a clue on identifying momentum stocks.
Not every investor is armed with
technical analysis skills. In such condi-
tions where the investor is not conversant
with charts and technical analysis, how
can he or she identify momentum
stocks?
One of the simplest ways to identify
momentum stocks is to compile a list of
stocks from a particular sector or market
capitalisation (large-caps, mid-caps or
small-caps) which are trading in the 10%
range of their respective 52-week highs.
This way the investors and traders will be
able to easily identify those stocks that
are reflecting price momentum. There
are investors who are more risk-averse
and usually hate investing in markets that
are making new highs. What these
risk-averse investors miss is the ample
evidence that shows how markets
BSE Sensex
Kotak Mahindra Bank
Hindustan Unilever
Asian Paints
Bajaj Finance
Infosys
DSIJ.in
traders like to jump on the stock which is
moving in one direction with the hope
that it would continue to do so for a brief
period of time.
Hence, momentum stocks are the ones
where the existing thrust witnessed in
the current price of the stock is expected
to amplify further in a shorter duration
of time with an expectation of a signifi-
cant change in price to be witnessed in a
short period of time. The principle rule
for picking up stocks purely lies in the
intention of the traders. Buy high to sell
higher or sell low to buy lower are the
two schemes which a momentum trader
adheres to. Therefore, the best way to
identify such stocks for trading is by
focusing on stocks which have
witnessed significant jump in price in the
recent history of the stock prices’
performance. Some traditional tech-
niques followed are consolidation
breakouts, pattern failures, moving
making new highs have a tendency of
making even higher highs. Momentum
investing needs investors to deal with
higher degree of volatility than most
other strategies. In fact, momentum
investing attempts to capitalise on market
volatility.
It is important to catch the trend at its
early stages and that is where the ability
to read charts or technical analysis comes
handy. The probability of winning in
markets using momentum strategy
improves drastically by adopting the
following steps:
n Stock selection using technical
analysis.
n Identify how many stocks (number of
stocks) or indices are touching their
respective life highs or 52-week
highs.
Stocks at or near 52-week high
BSE Mid Cap Index
Voltas
Whirlpool Of India
Glaxosmithkline Consumer Healthcare
Crompton Greaves Consumer Electricals
Procter & Gamble Hygiene & Health Care
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL
average confluence, etc. which distort the
ongoing behaviour of the stock’s price
movement and provide a fresh pedigree
for the stock’s movement.
Volumes and price average movement
captured by its various averages are the
key gauges to select such stocks which
fall under the category of this trading
style. The stocks falling under this
category do witness unprecedented
volatility which is primarily caused due
to change in expectation. Another crude
way especially used by derivative traders
is to observe the shifts in open interest
additions in fix time intervals and the
rapid change in their positioning by
option writers which tend to set the
mood for building momentum. The
impact of such observations is highly
reliable as traders get the opportunity to
position themselves at the early stages of
the ripple effect which eventually turns
into a tide.
n Devise entry strategy – it is important
to have a plan.
n Devise an exit strategy. You should
know at what point you will take
profits and at what point will you exit
with loss.
n Use advance tools deftly to consis-
tently book profits in the market.
Technical Analysis and
Momentum Investing
Rate of Change (RoC), Moving Average
Converge Divergence (MACD), Relative
Strength Index (RSI), Know Sure Thing
(KST) and Average Direction Index
(ADX) are some of the common
indicators used to identify momentum in
stocks. For stock selection and studying
the overall trend of the markets deft use
BSE Small Cap Index
Blue Star
SKF India
Timken India
JK Cement
GMM Pfaudler
57
Cover Story
tum stocks and focusing on earnings’

Martin J. Pring momentum can fetch rich dividends for

investors who are willing to hold the
position much longer.

It is of paramount importance The Indian equity market has experi-

enced a record 8-9 years of earnings
to use momentum analysis in downgrades and there is a feeling
amongst the market participants that
conjunction with some kind of there is a need for deeper structural
reforms in the country.

trend-reversal signal in the What the recent tax reform, touted to be

price series itself.

the first structural reform in Modi 2.0,
has done is to push Indian equities in an
‘extreme swings’ mode. The unprecedent-

of these momentum indicators can be

very profitable. Says Manav Chopra, Extreme Swing

CMT-Head of Research, Indiabulls

Ventures Ltd., “There are multiple
parameters one needs to quantify and
ideally one should look to take positions
in the prevailing trend to capture the
momentum stock. I prefer a top-down
approach where higher weight is given to
weekly and monthly time-frame and
their price structure. To identify bullish
momentum stocks one needs confirma-
tion of the bullish trend in the larger
time-frame and can include criteria of
price above previous weeks’ highs, RSI
greater than or equal to 60, and MACD
above the trigger line. These scans would
eliminate a lot of noise and would list
strong trending stocks in the bullish
trend with momentum, which is also
confirmed by price action and momen- prolonged pre-existent downtrend or an ed tax cut makes the erstwhile untenable
tum indicators.” uptrend. P/E multiple for Indian markets look far
more tolerable and attractive for foreign
Extreme Swings and Conclusion institutional investors.
Momentum Investing Momentum investing is a time-tested Also, the premium for Indian markets
Extreme swings are something that can investment strategy and can work over the emerging markets is below
be used wisely by momentum investors. especially when the market is dominated the historical average, in spite of the
Extreme swings are actually quite rare by bulls. When the markets are in the current extreme bullish swing. In all
events in stock markets, but when an grip of bears, adopting a momentum likelihood, the momentum may
investor spots them it is important that investing strategy can be a challenge continue in the same direction as the
he or she follows the trend as they investors and traders. No doubt the risks extreme swing we are witnessing right
indicate the emergence of a new trend. are magnified when momentum strategy now in Indian markets. Momentum
Extreme swings usually signal dramatic is adopted; however, the risk in the investors need to simply stick to
shifts in psychology and that some strategy can be minimised drastically by basics and follow the predefined trading
unbelievable exuberance is shaping a adopting the most suitable risk manage- system or investment process to profit
reversal in the primary trend. Extreme ment tactics. Appropriate use of technical from the sudden change in the market
swings usually develop only if there is a analysis is the key in identifying momen- moods.

58 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

Momentum Stocks
PROCTER & GAMBLE HYGIENE & HEALTH CARE
BSE CODE : 500459 Face Value : `10 CMP :`11780.90 Target : `13800
P P
rocter & Gamble Hygiene & Health Care Ltd. is currently
trading at `11,790. Its 52-week high and low are at
`12,090 and `8,714 made on September 23, 2019 and
October 11, 2018, respectively. Considering the weekly
time-frame, the stock had recently given breakout of an
ascending triangle pattern as on the weekend of September 20,
2019. This breakout was confirmed by the above 50-day average
volumes. Additionally, the stock formed a sizeable bullish
candle on the breakout week, which adds strength to the
breakout. The major trend of the stock is bullish as it is trading
above its weekly pivot and above its long-short-term moving
averages.
This is in terms of the 20-week, 50-week, 100-week and 200-
week EMAs and these moving averages are exactly in an
ascending order, which suggests that the trend is strong. From
the momentum indicators’ perspective, the 14-period weekly RSI
is currently quoting at 68.40 and it is in a super-bullish zone.
Interestingly, the 14-period RSI is never been below 50 mark in
the past 10 years on a monthly chart. The weekly stochastic
oscillator is also suggesting some bullish strength as %K is above
the %D. Considering all the above factors, we feel PGHH could
be a good bet on momentum for target of `13,800, followed by
`14,500 with a stop-loss of `9,900.
DSIJ.in
POLYCAB INDIA LTD.
BSE CODE : 542652 Face Value : `10 CMP :`685.05 Target : `800
olycab India Ltd. is currently trading at `691.15. Its
52-week high and low stand at `699 and `525.05 made on
September 23, 2019 and August 22, 2018, respectively.
Considering the daily time-frame, the stock had recently given
breakout of downward sloping trendline along with strong
volume. With this trendline breakout, the stock has also
managed to close above its previous pivot level.
Currently, the stock is trading above its 20-day EMA (605.10),
50-day EMA (618.90) and 100-day EMA (610.30), which
indicates a short-medium-term uptrend. The leading indicator
of 14-period daily RSI is currently trading at 74.40 and it has
moved above its recent swing high, which is bullish.
The fast stochastic line is also trading above its slow stochastic
line. The daily MACD stays bullish as it is trading above its zero
line and signal line. Moreover, the daily ADX is very strong at
36.14. The -DI is much below the +DI and ADX is above the
-DI. This shows the strong momentum in the stock.
Hence, all the indicator setups suggest that a bullish move is on
the cards soon. Buy this stock at its current market price with a
stop-loss of `610. The target is open towards `800, followed by
`850. (Closing price as of Sept 24, 2019)
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 59
Expert Speak
Learn How To Tackle
Market Volatility From
Successful Investors
L
ast couple of years have been quite challenging for
investors in equity and equity-oriented hybrid funds.
Even those who have been investing through SIPs are
seeing negative returns in their portfolios. While
handling the current market like situation can be
quite tricky for investors, they must avoid making abrupt
decisions to protect their financial future. Needless to say,
investors need hand-holding during these turbulent times to
keep their investments on track to achieve their defined
investment goals.
One of the ways for investors to tackle the impact of challenging
market conditions on their portfolios is to follow the advice of
some of the successful investors of all times. Although the
pieces of advice from these successful investors are obvious,
these are often forgotten by investors. Here are some simple, yet
effective, pieces of advice that can guide investors to investment
success.
Be Patient- Warren Buffet :
Warren Buffet puts lot of emphasis on the value of patience in
achieving investment success. To resist the temptation to make
abrupt investment decisions, Buffett suggests that investors
should be patient, both when investing and while holding.
Considering that there is a slowdown in the economy and the
market could take another couple of quarters to recover the lost
ground, investors must be patient with their investments and
continue with their investment process uninterruptedly. The
right way to do that is to keep focus on time horizon remaining
to achieve long-term investment goals and avoid getting
influenced by short term performance of funds.
Similarly, making changes in allocation to different segments of
the markets during the downturns can backfire. For example,
exiting from mid-cap and small-cap funds-especially if
allocation to these funds is in line with your risk profile- and
reinvesting that money in large-cap funds can create an
60 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
Hemant Rustagi
Chief Executive Officer, Wiseinvest Advisors
imbalance in the portfolio and compel you to compromise on
portfolio return in the long run.
Invest in Value - Benjamin Graham :
Graham believed in buying high quality but undervalued stocks
that most of the market was avoiding. Many investors invested
in value funds as they were doing very well until a couple of
years ago. However, the performance of these funds has taken a
beating during the current market downturn and many of these
investors are facing the dilemma of whether to continue with
them or to exit.
Considering that value strategy has the potential to deliver
higher return than the market over the longer term, it would be
advisable for experienced investors to continue with them,
provided the allocation is not very high. For those who invested
in these funds purely on the basis of performance without
realizing the attendant risks, it would be advisable to pare
exposure in a phased manner.
Invest, when the going is tough - Sir John Templeton :
Sir John Templeton believed that most investors have the
tendency of investing when the stock prices are high, whereas
they stay away and feel pessimistic when the prices are down.
Low/negative returns from equity funds is making investors
wonder whether they did the right thing by including equity
funds in their portfolios.
The fact, however, is that investing during these tough times
will result in higher than average returns over time. Therefore,
those investing through SIP must continue their process as it
will help in bringing the average cost down. Those who have a
lumpsum to invest for the long-term can also invest in a phased
manner over the next 3-6 months. In simple terms, investors
get more units for the same amount when the markets are
down as compared to the periods when the markets are doing
well. Therefore, the recovery in the portfolio from low/negative
returns is faster. DS
DSIJ.in
QueryBoard
Investment Horizon
Query-Specific

SINTEX INDUSTRIES SINTEX PLASTICS TECHNOLOGY

I am holding 500 shares of Sintex Industries bought I am holding 500 shares of SPTL bought at `4.03 per
at `2.50 per share for the last three months. Should share for the last three months. What should I do?
I accumulate more or sell? - Ravinder S.
 - Vasudev Amonker

SELL SELL
BSE/NSE Code 502742 / SINTEX BSE Code 540653 / SINTEXPLAST
Face Value `1 Face Value `1
CMP `2.03 CMP `4.15
52-Week High `13.25 / Low `1.73 52-Week High `33.60 / Low `2.83
Your Current (18.8 per cent) Your Current 2.97 per cent
Profit/(Loss) Profit/(Loss)

S S
intex Industries is a producer of plastic water tanks. It
also manufactures corduroy fabrics. The company has
operations in building material solutions, textile solu-
tions, and custom building solutions. It is also involved in
manufacturing of plastic products including prefabricated
structures, industrial custom moulding products, monolithic
constructions, and water storage tanks. As part of its textile
business, the company specialises in men’s shirting. The
company is headquartered in Kalao, Gujarat. On the consoli-
dated financial front, the company has reported a decrease of
40.97 per cent in net sales to `546.2 crore for Q1FY20 as
compared to net sales of `925.34 crore for Q1FY19. For
Q1FY20 the company reported an operating loss of `435.03
crore and for Q1FY19 the company reported an operating
profit of `62.24 crore. Also, in Q1FY20, the company incurred
net loss of `426.78 crore as against a net profit of `39.12 crore
posted in Q1FY19. On the annual front, the net sales increased
by 13.38 per cent to `3,256.95 crore for FY19 from `2,872.68
crore for FY18. The PBT of the company decreased by 79.19
per cent to `37.52 crore for FY19 as compared to `180.27 crore
for FY18. In FY19, the net profit decreased substantially by
84.83 per cent to `21.52 crore from `141.84 crore recorded in
FY18. Hence, we recommend a SELL.
intex Plastics Technology Ltd. is an India-based company
having business operations in custom moulding solutions,
which includes post moulding operations as well, and
building products and solutions. Its building products and
solutions include manufacturing of water storage tanks,
prefabricated and construction for mass housing, structural
solutions, electrical solutions, water management solutions,
environmental solution, energy solutions, interior solutions,
material handling, telecom solutions, and industrial solutions.
On the financial front, on a consolidated basis, the company’s
net sales for Q1FY20 stood at `817.24 crore, which is a decrease
of 38.33 per cent as compared to the net sales of `1,325.21 crore
for Q1FY19. The company reported an operating loss of
`671.66 crore for Q1FY20 as against an operating profit of
`34.47 crore for Q1FY19. The company incurred a net loss of
`642.65 crore in Q1FY20 as against a net profit of `37.53 crore
in Q1FY19. Looking at the annual trend, the net sales were
reported at `4710.95 crore for FY19, a decrease by 14.9 per cent
compared to `5535.96 crore for FY18. In FY19, its PBT
decreased significantly by 55.42 per cent to `84.27 crore as
against `189.01 crore for FY18. For FY19, the company’s net
profit decreased by 45.6 per cent to `94.46 crore from `173.63
crore in FY18. Thus, we recommend a SELL.

Readers are requested to send only one query at a time so that more readers get a chance. For complaints regarding non-receipt of
dividend, bonus, rights and other matters, investors may write to www.investor.sebi.gov.in

Company Name: DEMOCRATIZING WEALTH CREATION

Vol.
Vol. No.
No. 31
34 No.22
No.20
Query:
Send in your queries:
DSIJ Pvt.
C-305,
C-101, 3rd
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DSIJ.in SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 61

 QueryBoard
POLYPLEX CORPORATION LIMITED
I noticed Polyplex Corporation has reported fantastic
financial result for FY2018-19. The stock price now is
near to its 52-week-low. May I buy it for long term?
 - Alokmay Jana
BUY
BSE/NSE Code 524051 / POLYPLEX
Face Value `10
CMP `442.45
52-Week High `655 / Low `429.90
Your Current --
Profit/(Loss)
P V
olyplex Corporation Limited is a manufacturer of thin
polyester terephthalate (PET) films and resins. The
company’s business portfolio consists of biaxially oriented
polypropylene (BOPP) films and cast polypropylene (CPP)
films. Its main products and product lines includes Sarafil,
which is BOPET films and BLOWN PP films; Saracote, that
includes silicone-coated films (PET/PP); Saralam, including
extrusion-coated film products, and Saraprint, which is
polyester films for the digital print media sector.
The products manufactured by Polyplex Corporation are used
for packaging of flexible pouches, peelable seals and lids,
industrial and specialties such as labels, lamination films and
medical test strips, electrical supplies, imaging, video tape, etc.
Looking at the quarterly trends on a consolidated basis, for the
first quarter of FY20, the company reported net sales of
`1,117.09 crore, an increase of 4.88 per cent as against the net
sales of `1,065.04 crore for the same quarter of FY19. Its PBT
also increased by 27.97 per cent for the first quarter of the
current fiscal year and was `191.11 crore as compared to
`149.34 crore for the first quarter of the previous fiscal year. The
company gained a net profit of `154.22 crore in the first quarter
of FY20, an increase by 33.66 per cent to the net profit of
`115.38 crore gained in the first quarter of FY19.
On the annual front, net sales for FY19 were `4,569.89 crore,
which is an increase by 27.36 per cent when compared to
`3,588.04 crore for FY18. For FY19, the PBT increased by
109.22 per cent to be `656.73 crore compared to `313.9 crore for
FY18. The net profit for FY19 was reported at `583.66 crore, an
increase of 105.43 per cent when compared to net profit of
`284.12 crore for the previous financial year. The company has
greenfield (BOPET) and brownfield (BOPP) projects lined up.
For FY18-19, Polyplex Corporation declared an interim
dividend and final dividend of `31 and `10 respectively per
equity share of `10 each. Therefore, we recommend a BUY to the
investor-readers of our magazine.
62 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019
Investment Horizon
Query-Specific
VIVIMED LABS LIMITED
I have 5,000 shares of Vivimed Labs purchased at
`31 each share. I request you to give future forecast
of this share. 
 - Vijaya Sagar
EXIT
BSE/NSE Code 532660 / VIVIMEDLAB
Face Value `2
CMP `16.60
52-Week High `53.40 / Low `11.20
Your Current (46.45 per cent)
Profit/(Loss)
ivimed Labs Limited is a pharmaceutical and chemical
products company. The company’s main business
segments include speciality chemicals and pharmaceu-
ticals. The healthcare vertical of Vivimed Labs has its business
operations in custom manufacturing of active pharmaceutical
ingredients (APIs) and formulations for generics-manufactur-
ing companies. Additionally, the company markets formula-
tions for various therapeutic segments under its own brand
name in India and generics in regulated markets. The specialty
chemicals segment of the company produces active ingredients
for a range of home, personal care, and industrial products. It
also manufactures ingredients for diverse downstream uses in
the photochromic, imaging chemicals, anti-microbial and
pharmaceutical applications. Its products, which include sun
and skin care, personal care, naturals and industrial chemicals,
etc., are primarily manufactured at the Bidar facility. Other
manufacturing units are located at Bonthapally, Jeedimetla,
Haridwar, Kashipur, etc.
Looking at the quarterly trends on a consolidated basis, for the
first quarter of FY20, the company reported net sales of
`344.2 crore, a decrease of 4 per cent as against the net sales of
`358.54 crore for the same quarter of the previous fiscal. PBT
also decreased by 66.22 per cent for the first quarter of FY19
and was `13.3 crore as compared to `39.4 crore for the first
quarter of FY19. For the first quarter of FY19, the net profit
decreased by 64.36 per cent to `10.14 crore when compared to
`28.45 crore in the first quarter of the previous fiscal.
On the annual front, in FY19, the company reported net sales of
`1,315.17 crore, an increase of 10.92 per cent over net sales of
`1,185.66 crore reported in the previous fiscal year. For FY19,
the PBT stood at `66.04 crore, which is a decrease of 22.95 per
cent compared to `85.71 crore for FY18. In FY19, the company
reported a decrease in net profit by 26.4 per cent to `57.36 crore
from `77.94 crore posted in the previous fiscal. Based on our
analysis, we recommend our investor-readers to EXIT.
DSIJ.in

WINDSOR MACHINES LIMITED
Should I invest in Windsor Machines Ltd.? What is
your view?
 - Parag Wagle
AVOID
BSE/NSE Code 522029 / WINDMACHIN
Face Value `2
CMP `23.25
52-Week High `84 / Low `17.65
Your Current --
Profit/(Loss)
W T
indsor Machines Limited is a manufacturer of plastic
processing machinery which includes pipe extru-
sion, blow film extrusion and injection moulding
machines mainly. The company’s business segments include
extrusion machinery division and injection moulding machin-
ery. The injection moulding products include Excel series and
KL series whereas the pipe extrusion line products include
Agile series and Rapid 60. The products of blown film extrusion
lines include a seven-layer blown film extrusion line. Other
products of the company include twin screw pipe extruder,
single screw pipe extrusion lines, inline drip-irrigation solution,
multilayer IBC co-extrusion blown film lines, multilayer
non-IBC co-extrusion blown film lines, etc. The company has
its business operations in India as well as on foreign shores.
On the consolidated financial front, for the first quarter of fiscal
year 2020, the topline of the company was reported at `76.43
crore, marking an increase of 11.38 per cent compared to net
sales of `68.62 crore reported in the corresponding quarter of
the previous fiscal. The profit before tax decreased by 4.44 per
cent and came in at at `1.29 crore as against `1.35 crore posted
in Q1FY19. In the first quarter of the current fiscal year, the
company posted a net profit of `11.42 crore as against `0.03
crore posted in the same quarter of the previous fiscal year.
On the annual front, net sales reflected a fall of 12.25 per cent in
FY19 to `349.5 crore as against `398.3 crore posted in FY18.
The PBIDT of the company in FY19 decreased substantially by
65 per cent and was posted at `12.24 crore as against `35.77
crore in FY18. In terms of bottomline in FY19, the company
posted a net loss of `3.03 crore as against a net profit of `12.05
crore posted in FY18. The company has declared rather
disappointing financials over the year. The share on a YTD basis
has fallen by over 50 per cent and does not look attractive
enough to buy at the given valuations. On account of this
scenario, we recommend our investor-readers to AVOID the
stock.
DSIJ.in
Investment Horizon
Query-Specific
TINPLATE COMPANY OF INDIA LIMITED
I hold 725 shares of Tinplate Company of India
bought at `180 each. Please suggest what to do
next.
 - Ghanshyam Das
HOLD
BSE/NSE Code 504966 / TINPLATE
Face Value `10
CMP `124.85
52-Week High `175 / Low `87.40
Your Current (30.63 per cent)
Profit/(Loss)
inplate Company of India Limited (TCIL) is a producer of
tin-coated and tin-free sheets. The company manufactures
various grades of electrolytic tinplates, tin-free steel sheets
and full hard cold rolled sheets (FHCR) which are used for metal
packaging. Its product range includes electrolytic tinplate (ETP)
line and cold rolling mill (CRM) products. Products in the
electrolytic tinplate line include single reduced tinplates, open top
sanitary cans (OTSC), tin-free steel, and double reduced tinplate
sheets. The CRM products include hot rolled pickled coils, full
hard coils and temper rolled or double reduced coils. The
company has its facilities located at Jamshedpur in Jharkhand
and has around 11 offices across India. It also has a distribution
network with approximately 20 stocking points.
From the financial point of view, net sales of the company for
Q1FY20 were `520.01 crore as compared to the net sales of
Q1FY19 of `521.4 crore. So there is a 0.27 per cent decrease in
net sales of Q1FY20 than that of Q1FY19. For Q1FY20 the PBT
stood at `15.6 crore which is an increase of 7.59 per cent than
that of `14.5 crore for Q1FY19. For Q1FY20 the company
recorded a net profit of `8.78 crore, a 7.09 per cent decrease in
the profit than that of `9.45 crore gained in the same quarter of
the previous fiscal year.
On the annual front, for FY19 the company recorded net sales
of `2,359.3 crore which is a 47.31 per cent increase when
compared to the net sales of `1,601.61 crore for FY18. The PBT
for FY19 stood at `91.77 crore as against `115.21 crore FY18.
For FY19 there can be seen a decrease of 20.35 per cent in PBT
as compared to FY18. Also, the net profit is recorded at `57.99
crore for FY19 which is a decrease of 20.74 per cent compared
to the net profit of `73.16 crore for FY18. With the government
having recently reduced corporate tax to around 25 per cent
from 35 per cent, it is expected that this will have a positive
effect on the company’s operations and revenues. Thus we
recommend a HOLD to our investor-readers.
(Closing price as of Sept 25, 2019)
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 63
Reviews
In this edition, we have reviewed LT Foods Limited and Oricon Enterprises Limited. We suggest our
reader-investors to book profit in LT Foods and hold in Oricon Enterprises

Change Scrip’s Movement

LT FOODS BOOK PROFIT 11.66 Per Cent
CMP - `26.80
31.00

BSE CODE Reco. Price Face Value 29.00

532783 `24 `1 27.00

W
e had previously recommend-
ed LT Foods Limited in
Volume 34, Issue No. 15, dated
June 24 – July 07, 2019 under the ‘Low
Priced Scrip’ segment when the scrip was
trading at `24. It was recommended
based on growth prospects, revenue
visibility, and industry tailwinds. It is a
branded specialty foods company that is
engaged in milling, processing and
marketing of branded and non-branded
basmati rice and manufacturing of rice
food products.
On the consolidated financial front for
Q1FY20, the company posted net sales of
`980.27 crore, which is an increase by
16.7 per cent compared to net sales of
`840 crore for Q1FY19. The PBDT
increased by 18% to `88.4 crore in
Q1FY20 as against `74.91 crore in
Q1FY19.
The company’s net profit rose by 14.02
per cent to `45.86 crore compared to net
profit of `40.22 crore in Q1FY19.
To take a look at its annual financial
trend, for FY19 the net sales of the
company increased by 7.66% year-on-
year to `3,890.43 crore. The PBDT
increased by 5.6 per cent and stood at
`282.66 crore for FY19 and `267.67 crore
for FY18. The net profit decreased by
5.95 per cent to `137.48 crore in FY19
from `146.18 crore in FY18. Post our
recommendation, the stock price has
increased by around 22 per cent.
Recently, LT Foods received approval for
transfer of investments in LT Foods
International, UK, a wholly-owned
subsidiary of the company, to LT
25.00
23.00
21.00
19.00
17.00
15.00
Overseas North Americas Inc., USA,
another wholly-owned subsidiary of the
company at fair value as determined by
an independent merchant bank, with
an intent to consolidate its international
business. The above-mentioned transfer
is a first step towards the long-term goal
of the company to consolidate its global
businesses under one entity, thereby
make its overseas business structure
leaner. Thus, we suggested our investor-
readers to BOOK PROFIT on Sept 11,
2019

Change Scrip’s Movement

ORICON ENTERPRISES HOLD 31.25 Per Cent
CMP - `22.10
40.00
BSE CODE Reco. Price Face Value 35.00
513121 `32 `2 30.00

W
e had previously
recommended Oricon
Enterprises in Volume 33,
Issue No. 26, dated November 26 –
December 09, 2018 under the ‘Low Priced
Scrip’ segment when the stock was
trading at `32. It was recommended based
on robust revenue growth and for the fact
that chemicals stocks were in favour. The
company’s capex plans had looked good
too. Oricon Enterprises Ltd. is engaged in
the business of manufacturing
petrochemical products and developing
real estate. The company is also engaged
in the business of trading, PET bottles,
petrochemicals, and liquid colorants.
Looking at the quarterly trends on a
company posted net sales of `342.29
crore, which is an increase by 38.44%
compared to net sales of `247.24 crore for
Q1FY19. For Q1FY20, the company
gained an operating profit of `26.39 crore
as against an operating loss of `3.35 crore
in Q1FY19. The company gained a net
profit of `23.56 crore in Q1FY20 whereas
in Q1FY19 the company had incurred a
net loss of `5.18 crore.
To take a look at the annual financial
trend, for FY19 the net sales of the
company increased by 9.76 per cent to
`1,111.75 crore from `1,012.87 crore for
FY18. The PBT increased by 36.48 per
cent and stood at `49.42 crore for FY19 as
compared to `36.21 crore for FY18. The
25.00
20.00
15.00
10.00
5.00
0.00
`40.33 crore in FY19 from `22.46 crore in
FY18. On the valuations front, the
company is currently trading at a P/E of
6.54x against the industry P/E of 10.36x
on its TTM earnings. The TTM EPS
stood at `3.40. The company’s dividend
yield stood at 2.25 per cent. Since our
recommendation, the stock has fallen by
31%. However , we recommend a HOLD.
DS

consolidated basis, for Q1FY20, the net profit increased by 79.56 per cent to (Closing price as of Sept 25, 2019)

64 DALAL STREET INVESTMENT JOURNAL I SEPT 30 - OCT 13, 2019 DSIJ.in

Kerbside
The recommendations provided in this column are taken from various market
sources such as brokers, analysts, dealers and investment strategists, etc. These
recommendations may not be backed by strong fundamentals. Therefore we advise
readers to use their own discretion before investing in these recommendation
WORTH BANKING ON The company
Kotak Mahindra
Bank reported a strong
growth of 18 per
BSE Code: 500247 cent in the loan
CMP: `1601.25 book in Q1FY20
and going forward, it is confident of
maintaining the loan growth guidance of
20 per cent for FY20. The company has
increased sponsorship from institutional
investors at 5.7 per cent YoY increase in
the number of funds invested in the
stock during the last quarter. Also, the
banks will be among the biggest
beneficiaries of the move by the
government. Market gossip has it that
this scrip is headed northwards on strong
buying by bull operators. Those with
high risk appetite can take their bets on
this scrip to make some quick gains.
DSIJ.in
A CONSTRUCTIVE CHOICE
After three rounds of stimulus which did
Ultratech Cement not impress the market participants,
BSE Code: 532538 recently the finance minister announced a
CMP: `4277.25 cut in corporate tax rates from 35% to
25.17%. This measure is expected to result
in EPS upgrade for the cement sector. As per our sources,
UltraTech Cement would benefit the most and the taxes saved
would be utilised for capacity expansion and to reduce debts.
Further, the recent announcement from the FM is likely to propel
the capex outlook. As per murmurs on the D-Street, there is
expectation that government-related spending will be a bigger
driver for volume growth. Hence, the above mentioned factor
makes this stock a perfect choice for the short-medium term.
TASTY TREAT
The company
Britannia Industries is one of the
BSE Code: 500825 leading Indian
CMP: `3036.10 biscuit,
bakery and
dairy products’ manufacturer. It
holds famous biscuit brands under its product portfolio such as
Good Day, Tiger, Bourbon, etc. The stock had been
underperforming and it was under pressure ever since
Managing Director Varun Berry said that if the consumer is
thinking twice even for an `5 product then there is some
serious issue in the economy. But, after the recent
announcement of corporate tax cut the stock has witnessed a
strong up-move along with strong volumes. According to market
sources, they believe that the current rally in the stock has
more legs to unfold as strong players have started accumulating
this stock.
Balrampur Chinni
GET A SUGAR RUSH BSE Code: 500038
CMP: `171.60
An analyst from one of the leading broking firms in the country
is recommending clients to buy this stock for short to medium
term. Also, if we look at the shareholding pattern for the
quarter ended June 2019, foreign portfolio investors have
increased their stakes. This stock is likely to sweeten the
portfolio of investors. However, we advise traders to initiate a
long position with a proper stop-loss.
DS
(Closing price as of Sept 25, 2019)
SEPT 30 - OCT 13, 2019 I DALAL STREET INVESTMENT JOURNAL 65
 M U T UA L F U N D UNLOCKED

D E M O C R A T I Z I N G W E A L T H C R E A T I O N
Sept 30 - Oct 13, 2019 n Pages 84 n www.DSIJ.in 120

Interview
Sunil Subramaniam
Cover Story MD, Sundaram AMC

Needs & Wants

in Financial Planning

Self-Actualization

Esteem

Love/Belonging
US $ 10.15 UK £ 5.05 Sing $ 10.60 Euro € 6.13

Safety

ISSN 0971-7579
ISSN 0971-7579

Physiological
9 770971 757005
Special Report Vol. 34 No. 22
Investing In Large And Mid-Cap Funds: Checks And Balances
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 MF Page - 01

facebook.com/DSIJin twitter.com/DSIJ

Vol. 34. No. 22 • SEPT 30 - OCT 13, 2019 www.dsij.in/apps.aspx

enquiry@dsij.in linkedin.com/in/DalalStreetInvestmentJournal

Passive Income
Hi, in the next edition of you may please elaborate on passive

Time To Go Aggressive
income schemes for people up in age as with Interest rate
going south how do we protect our parents wealth so they can
have steady income which keeps up with inflation. Most
options today are taxable and dividends seem a good bet but

On Equity Funds not a guaranteed income... Thank you

 - Bhavana Patel

T
he event that unfolded last fortnight clearly shows
how important it is to remain invested in equity.
Some not-so-smart investors, who tried to time the
market and were waiting for the market to bottom
out, might be sulking because of the lost opportunity. We
have always maintained that it is futile to time the market;
rather, you should remain invested in the market. This is
because returns in the equity market do not come in a
straight line but in lumps and hence you see few big returns
on either side, which are hard to predict. Therefore, the best
Editor Responds
Thank you for writing to us. If you see, the passive income
schemes are good options for the age group as returns are not
taxable. For instance, you can opt for Senior Citizen Saving
Scheme (SCSS) which can give you a guaranteed income
(non-taxable) at current interest rate around 8.6 per cent,
which is one of the highest among other such retirement
schemes. Even mutual funds can be a good option for them.
For more information on strategies to be adopted in
retirement, you can check out our special report "Retirement
Strategies" in our issue dated Aug 5-18, 2019.

Content
thing to do is to remain invested.

In the current situation, there is compelling reason to

increase allocation towards equity funds. This is because the
corporate tax cut is a structural change that is likely to benefit
the equity investors more than any other asset class. On the Cover Story
contrary, this corporate tax rate cut is making the investors of
debt fund nervous. This bold action taken by the government
MF Page
2
will mean they have to forgo `1.45 lakh crore of revenue Needs & Wants: In Financial Planning
every year. It implies higher fiscal deficit, at least in the initial
years. According to some estimates, it will be in the range of
3.7-4.0 per cent this financial year against the earlier
estimates of around 3.3-.3.4 per cent. Financial Planning MF Page
7
A higher fiscal deficit will mean higher bond yield especially SIP: An Easy, Profitable Way To Wealth
for long duration bonds and gilt. This was visible in the
movement of the 10-year benchmark bond yield that jumped
from 6.64 per cent to 6.79 per cent in a day after the finance
minister announced the corporate tax rate cut. There is Interview MF Page
8
inverse relationship between bond yield and bond prices and
hence the rise in bond yield means negative returns for debt Sunil Subramaniam
MD, Sundaram AMC
funds. Therefore, when the debt funds are likely to see
sluggish returns and equity funds are likely to perform better,
it makes sense to increase your allocation towards equity. Special Report MF Page
12
Investing In Large And Mid-Cap
SHASHIKANT Funds: Checks And Balances
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Cover Story MF page - 02

Needs & Wants

In Financial Planning
A
voiding being poor and hoping to be rich are both
goals that should be addressed. The first step to
achieve this is to identify and prioritize them. To do
it efficiently you should understand the psychological
needs that drive life goals. A financial plan is not just about
Maslow’s Need Hierarchy Theory is a arriving at a destination but also about the journey being
undertaken. Ends and means are both important, and
practical and wise approach to how psychological needs are relevant to both. While creating a
financial plan and planning for financial goals, it is a best
you can plan your financial outlay to practice to divide your financial goals between needs and
take care of basic needs as well as wants. When we ask people what their needs are, it differs from
person to person.
wants. What it calls for though is a This is because everyone might be at different stage of life and
proper understanding of how to hence may have different needs. For a person below 25 years of
age, the pressing need is often education; a person between 25
differentiate between the two to 30 would often have a first job and the needs at this age

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would be first home, first car, marriage, etc. At age 30 to 40, the
needs differ as they would include a child’s education, maybe a
second job, accumulating wealth, etc. While in age 40 to 60, the
needs change to may be upgrading home, child’s marriage,
child’s higher education, etc. and age above 60 is a retirement
period and here is when you may wish to pursue your hobby or
wish to go on a world tour, cover medical expenses, and so on.
Change In Needs With Change In Age
Maslow’s Need Hierarchy Theory
To understand such differing psychological needs, Abraham
Maslow, a famous psychologist, came up with the idea that
people are motivated to satisfy certain needs that line up in a
hierarchy. This is better known as Maslow’s Need Hierarchy
Theory. Hence, they move up to the next stage only if their
earlier needs are fulfilled. What are those needs, how are they
stacked up, and how this relates to financial planning is what
needs to be understood here. Before understanding how those
needs relate to financial planning, we need to understand how
the needs are different from wants. Refer to the box item on a
more elaborate explanation. (pg no 5)
What is Maslow’s
theory and why at
all needs matter
while financial
planning?
Here we would have to
understand what is
Maslow’s theory and
finally how it is linked
with financial planning.
The point he made in this theory is that humans require more
basic needs to be fulfilled before they move towards higher
level needs. As per his theory, if we try to attain self-esteem
while even the basic needs such as regular steady income or a
stable family life are not met, we may feel stressed out. This
theory helps us to understand the steps that you need to follow
to achieve self-actualization.
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MF page - 03
n Psychological : First, if the basic physiological needs are not
satisfied the human body may not function properly. Therefore,
Maslow has considered physiological needs as the most
important of all.
n Safety: As per Maslow, safety needs include security, law
and order, stability, protection from elements and objects, no
fear, etc.
n Love and Belongingness: Once the physiological and safety
needs have been achieved, the next level of human need is
social that involves feelings of love and belongingness. As per
Maslow, there is a need for interpersonal relationships that
motivate behaviour.
n Esteem: Maslow has classified esteem needs into two parts,
one being esteem for oneself like achievements, dignity,
independence, etc., and other being the desire for respect from
others that includes status, prestige, etc. Maslow has clearly
indicated that the need for respect or reputation is most
important for children and adolescents and it lies ahead of real
self-esteem.
n Self-Actualization: A person attains self-actualization when
he or she realises his or her personal potential, self-fulfilment,
personal growth, etc. Maslow explained self-actualization as “a
desire to become everything that one is capable of becoming”.
Segregation Of Needs
Further, Maslow has grouped needs into three major groups,
viz. basic needs, psychological needs and self-fulfilment needs.
So, unless you have basic needs covered you may not get the
benefit of psychological needs and self-fulfilment needs.
Needs and Financial Planning
Financial planning is a process wherein your financial
situations are analysed, your financial goals are listed down,
and then a roadmap is created to achieve your financial goals.
However, it is important to understand that financial planning
is not just limited to financial goals or numerical activity. In
fact, financial goals come later. At first cash flows are
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Cover Story
streamlined, then your networth is assessed following which
your emergency fund is planned and then your risk is managed
with the help of life and non-life insurances. Finally, it is about
your financial goals.
Steps in Financial Planning
Now the question is that why at all needs matter in the process
of financial planning? As we have seen above in the steps of
financial planning, the first step is streamlining cash flows. In
this step, the cash flows have two major parts, one being
income (inflow) and other being expenses (outflow). Further
the expenses have sub-parts, viz. fixed expenses and
discretionary expenses. So, here fixed expenses are your needs
and discretionary expenses are those that are your wants. Fixed
expenses may comprise expenses related to food, clothing,
shelter, education, medical, etc. On the other hand,
discretionary expenses comprise expenses like watching
movies in a theatre, dining out, picnic or vacation, etc.
So, in the first step of financial planning you identify what are
your expenses that are your needs and which expenses are your
wants. Emergency fund planning itself is a need. An emergency
fund is planned to help you in a situation of income loss.
Irrespective of whether you have income or not, you need to
fulfil your fixed expenses. Even risk planning with the help of
insurance is a need. This is because in case of any unexpected
event such as death of sole earning member, insurance
definitely helps a family financially. In financial goal planning
as well, the goals are divided between your needs and wants
and those that are your needs are prioritized over wants.
Financial goals like child’s education, your retirement, medical
corpus, etc. are your needs and you may not be able to defer
these things to any future date. Even your succession planning
or estate planning is also a need as this helps you to distribute
your assets in a manner you desire and decide. This also helps
to reduce any confusion and conflict among your legal heirs.
So, as we can see, accounting for needs does matter even while
undertaking the task of financial planning.
Matching Maslow's Theory to Financial
Planning
Now you might be thinking how we can relate Maslow’s Need
Hierarchy Theory with financial planning? Let’s find out.
Basic Needs : In basic needs we have two major needs, one
being psychological needs like regular income, food, shelter,
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About Abraham Maslow
Abraham Harold Maslow (April 1, 1908 – June 8, 1970) was an
American psychologist who was best known for creating
Maslow’s Hierarchy of Needs, a theory of psychological health
predicated on fulfilling innate human needs in priority,
culminating in self-actualization. He was a psychology
professor at Alliant International University, Brandeis
University, Brooklyn College, New School for Social Research,
and Columbia University. He stressed the importance of
focusing on the positive qualities in people, as opposed to
treating them as a “bag of symptoms”. A ‘Review of General
Psychology’ survey, published in 2002, ranked Maslow as the
tenth most cited psychologist of the 20thcentury.
Born and raised in Brooklyn, New York, Maslow was the oldest
of seven children. His parents were first generation Jewish
immigrants from Kiev, then part of the Russian Empire (now
Ukraine), who fled from Czarist persecution in the early 20th
century. They had decided to live in New York City and in a
multi-ethnic, working-class neighbourhood. His parents were
poor and not intellectually focused, but they valued education.
He had various encounters with anti-Semitic gangs who would
chase and throw rocks at him. Maslow and other young people
with his background were struggling to overcome such acts of
racism and ethnic prejudice in the attempt to establish an
idealistic world based on widespread education and economic
justice. The tension outside his home was also felt within it, as
he rarely got along with his mother, and eventually developed a
strong revulsion towards her.
He is quoted as saying, “What I had reacted to was not only her
physical appearance, but also her values and world view, her
stinginess, her total selfishness, her lack of love for anyone else
in the world – even her own husband and children – her
narcissism, her Negro prejudice, her exploitation of everyone,
her assumption that anyone was wrong who disagreed with her,
her lack of friends, her sloppiness and dirtiness.” Maslow grew
up in libraries and among books. It was here that he developed
his love for reading and learning. He went to Boys High School,
one of the top high schools in Brooklyn. Here, he served as the
officer to many academic clubs, and became editor of the ‘Latin
Magazine’. While jogging, Maslow suffered a severe heart attack
and died on June 8, 1970, at the age of 62 in Menlo Park,
California.
water, etc. and the other being safety needs like security. For
basic needs we need to streamline the cash flows in such a way
that your psychological needs get fulfilled. Also, we need to
make provision for emergencies by planning an emergency
fund. This would take care of your psychological needs in case
of temporary loss of income. To fulfil the safety needs we need
to have insurances in place. In case of any uncertainty arising
due to various life or non-life factors, insurances would help
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Difference Between Needs and Wants

Needs
Need is an individual’s basic requirement that he or she needs for
survival.
Needs are often limited.
Needs are something which is mandatory on your part to fulfil.
It is not possible to defer your needs to any future date.
Needs often remain constant over time.
The impact of non-fulfilment of needs may bring crises in your
life.
Examples of needs are your fixed expenses that you may need to
incur in order to survive, your child’s education, medical
expenses, etc.
Wants
Want is something which an individual desire to have with him or her,
though it is not something that one needs to survive.
Wants can be unlimited.
Wants are something which are discretionary in nature.
Wants can be deferred to any future date.
Wants are something that may change over time.
The impact of non-fulfilment of wants may only bring disappointment.
Examples of wants are discretionary expenses that you may need to
either enjoy your life or uplift your standard of living, upgrading your
car, upgrading mobile phones every now and then, etc.

you to sustain financially. In case of your uncertain death, it Apart from this there are many financial planners around the
would be difficult to recover from emotional loss. However, globe who have further converted Maslow’s theory to relate it to
having a life insurance policy would help your family to sustain personal finance.
financially even in your absence. Even health
insurance that includes critical illness and personal
accident insurance creates a financial safety net to
help you in case of any such emergencies.

Psychological Needs : When it comes to

psychological needs there are two major needs viz.
belonging and love needs and esteem needs.
Belonging and love needs are something which
cannot be bought with money. This is something
that depends on your behaviour, your values, your
beliefs, etc. So, this is something which cannot be
attained from financial planning. However, people
try to fulfil their needs with the help of money as
they think that carrying premium products help
them to increase their status in society. This makes
them include financial goals like having a farmhouse,
buying a BMW car, etc. So, though these get
included in financial planning, being discretionary
in nature they are prioritized below basic needs and
financial goals like child’s education, retirement
sustenance, etc.
Conclusion
Self-Fulfilment Needs : Self-fulfilment needs are those In financial planning needs gets higher priority than wants.
when one desires to achieve his or her maximum potential. This is for the obvious reason that needs are something that you
Here people may try to attain complete financial freedom. cannot defer to any future date and you need them for survival.
Financial freedom can be achieved with the help of financial
planning. One can achieve financial freedom when all his or So, while creating a financial plan, needs gets more importance
her basic needs, including child’s education, retirement, etc.,are over wants. Even Maslow has divided the needs into various
completely provisioned for. Financial freedom is something categories based on various psychological triggers. Apart from
wherein you can experience no financial dependency required belonging and love needs, all other needs can be fulfilled with
even to fulfil your luxurious desires. proper prioritization and financial planning.

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MF Select
MF page - 06

Sundaram Large and Mid Cap Fund - Direct Plan (Growth)

Equity: Large & Mid Cap 20.28%
Scheme Category *Expected Return In Next One Year

Nifty 200 TRI

`721Cr 36.09 1.70%
Expense Ratio (%)
AUM (`Cr): 31 Aug., 2019 NAV (`) 20 Sept., 2019 31 Aug., 2019 Benchmark

1% for redemption within 365 days S Krishnakumar

Exit Load Fund Manager
Reason for recommendation TOP 10 Holdings
COMPANY NAME % TO NET ASSETS
The recent bold move by the Finance Minister to cut corporate
tax rate has created a new opportunity in the equity asset class. Larsen & Toubro 4.94
This tax-rate cut will directly help companies in reporting ICICI Bank 4.56
better numbers going forward, which means better returns to Bajaj Finance 3.88
the investors. It is estimated that mid cap companies are likely Reliance Industries 3.77
to gain more as they are paying tax at a higher rate now. Since HDFC Bank 3.66
we are still not out of woods now, it makes sense to invest in Siemens 3.57
fund that has balanced exposure to both large cap and mid cap Ultratech Cement 3.55
stocks. Sundaram Large and Mid-Cap Fund, which was earlier Apollo Hospitals Enterprise 3.44
known as Sundaram Equity Multiplier, is one such fund that Berger Paints 3.40
has good exposure to both large cap as well as mid cap stocks. United Spirits 3.16
At the end of August 2019, the fund held 50 per cent of its assets
in large cap stock and around 40 per cent in mid cap stocks. corporate tax rate cut and not so good demand environment in
the economy. Sector-wise, the fund is overweight on sectors
This mix of stocks has already helped the fund to be one of the such as FMCG, consumer durables and chemicals that are
best in its category and also best among handful of funds that likely to perform well even when the economy is going through
have generated positive returns in last one year. Going ahead, a rough patch. Besides, the fund is well diversified among 36
we expect the fund to remain an outperformer in its category stocks with no company having weight of more than 5 per cent.
and also compared to its benchmark. The current portfolio of Therefore, this fund is suitable for investors aiming for
the fund seems to be positioned in a way to take benefit of both moderate returns with limited risk appetite.
8.00% Monthly Returns
6.00%
4.00%
2.00%
0.00%
Apr-19
Feb-19
Sep-18

Nov-18

Dec-18

Jun-19

Jul-19
Mar-19
Oct-18

Aug-19
Jan-19

May-19

-2.00%
-4.00%
-6.00%
-8.00%
-10.00%
-12.00%

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Financial Planning
Sashi Sekhar Saha
Founder & Partner, Niwesh Wealth
SIP: AN EASY, PROFITABLE
WAY TO WEALTH
S
ystematic investment plan or SIP has been around for a
long time, but in recent years it has become an intuitive
way to invest in mutual funds. SIP is essentially a facility
attached to open-ended mutual funds, debt or equity,
which lets you break up your investment into smaller equal
parts and invest each at a pre-fixed interval of your choice. SIPs
can help you align your investment with your regular monthly
earning. Also, by investing each month, you are able to capture
market levels whether up or down. This is why the structure of
a SIP works well, but in order to achieve your expected return,
you also need to contribute. First, try matching your SIP with
your goals, both long-term and short-term. Secondly, be patient
through periods of negative return. Here is how you can make
your SIP efficient and relevant to your wealth creation journey.
Match Your Goals
Investments are best served by goals and for each goal you can
match your SIP. For short-term financial goals where you need
funds in the next six months to two years you can use SIPs in
debt funds and for long-term goals SIPs in equity funds make
the most sense. By aligning your SIP with a specific goal you
can check the progress of your investment towards achieving
that goal and ensure you aren't eating into investments meant
for other financial goals. Let's say you need `50,000 in 12
months' time for a down payment on that new car you want to
buy. Start a SIP of `4,000 each month in an open-ended debt
scheme like short-term income fund. At an assumed 8.5%
For more information contact : Sashi Sekhar Saha, Founder & Partner, Niwesh Wealth n Email: sashi@nivesh.co.in n Website: www.Nivesh.co.in
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MF page - 07
annual return, in 12 months you will have slightly more than
`50,000. Similarly, match a long-term goal like retirement
which is say 15-20 years away with a SIP in an equity fund.
Average the Cost
Your equity mutual fund SIP for your long-term goals requires
more time. In the near term, markets and stock prices move up
and down on a daily basis. Remember, a SIP lets you invest
every month. Let's say you begin with an `5,000 SIP for your
retirement 20 years away. The price or NAV of the equity fund
is `50 when you begin and you obtain 100 units of the fund for
your first SIP. In the next month, if the market does well, the
fund NAV increases to say `51 and you get 98 units for the
second month of the SIP. Keep in mind that the value of the
first 100 units is now higher as well. If in the third month the
market falls and the equity fund NAV falls to `49, you will get
102 units for your `5,000 monthly SIP. By the end of three
months you have 300 units at an average cost of `50. This
simple example shows you how SIP helps you achieve a
reasonable average cost of units by continuing your investment
through market ups and downs.
Don't Panic
In the long run it's the earnings growth of the companies you
invest in which matter rather than how the news and events
affect prices today. That is why it is very important to balance the
SIP scale by remaining invested when markets decline and the
NAV is falling. That is the time you will get more units at a lower
cost, which will then help average out your long-term cost.
Start Early
Let's say you expect a 12% annualised return from your equity
mutual fund investments. If your target corpus is `20 lakhs, do
you know how much monthly SIP you need to start with? The
answer to this question really depends on when you begin and
how many years you can continue to invest. The longer you
have, the lower is your required monthly SIP commitment. Say
you want to achieve this corpus in five years. You will then
need to make a monthly SIP of `24,500 in a diversified equity
fund with the assumption of 12% annualised return. However,
if you increase your investment horizon to 10 years, you will
need to invest just around `8,800 each month in a SIP in a
diversified equity fund with the assumptions above.
Investing in MFs is not just about picking good quality funds
but also about taming behaviour to be regular and patient
through the market noise. SIPs are a good way to achieve this
behavioural alignment with your long-term goals. Don't shy
away. Make it a habit you can't change. Start your regular SIP,
sit patiently through rough periods, give your SIP time to
mature, and see your wealth grow!
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Interview
MF page - 08

Sunil Subramaniam
MD, Sundaram AMC

It Is Absolutely
Critical That An
Investor Has A
Financial Plan
With its very intensive research-driven, bottom-up stock-picking approach guided by growth
at a reasonable price (GARP) principle, Sundaram Asset Management Company has always
adopted a consistent overarching sector view. In this interview, Managing Director Sunil
Subramaniam elaborates about the company’s performance in a sluggish market and its
overall vision about future growth
How has been the response to your recently launched substitutes – hence, the outflows. But this has been a big
learning curve for the industry and for investors and over time
NFO? Do you see investors still willing to invest in the this is a healthy thing as erroneous purchasing of these products
equity market in general and NFO in particular? will come down and there will be better alignment between the
interests of investors and that of fund managers.
The response to the NFO has been very positive since we
collected `358 crores from over 30,000 investors despite very
What has been the reason for abandoning the side-
volatile market conditions. This response and the monthly
equity net cash numbers for the industry rising month-on-pocketing? Do you think the regulator should be more
flexible in allowing fund houses to do side-pocketing?
month indicate that investors are sustaining their faith in equity
mutual funds.
Don’t you think this will allow some opportunist
Credit events such as IL&FS, Essel Group and DHFL had investors to gain at the expense of other investors?
adversely impacted the debt mutual funds, We have not abandoned side-pocketing. In fact, now all of our
specifically, the credit risk funds and FMPs. The latest debt funds carry the ‘ability to side-pocket’ if and when needed.
What we had withdrawn was the decision to ‘side-pocket the
AMFI data shows an outflow of `2,269 crores from DHFL exposure’ as an ‘event of default’ as defined by the SEBI
the credit risk fund. What is your perspective about circular, that is, a rating downgrade had already taken place on
June 4, at which time we did not have the ability to side-pocket.
this event? We had initially proposed to side-pocket on account of the
The losses suffered by retail investors in debt funds has come as actual default by DHFL on August 16 but withdrew it as we
a big shock to them as they had invested in these funds as FD obtained a clarification that only a credit downgrade qualifies as

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 MF page - 09

view ‘you cannot hunt with the hounds and run with the hares’
Tactical asset allocation is at the same time. This philosophy has paid handsome dividends
for our long-term performance as seen by the fact that across all
fraught with risk as our funds, on a rolling returns basis, there has seldom been
capital erosion experienced by a investor if he or she has stayed

investors inevitably use past invested over a five-year period.

What should be the investing approach of an

performance to decide about
future asset allocation.
an event of default. We don’t have a view on flexibility as rules
are rules and have to be followed. There are other ways to
minimise opportunistic investing such as the introduction of
stiff exit loads closer to the date of any possible resolution of
troubled assets.
investor? Do you think that everyone should have a
financial plan in place before investing or investing in
good funds is the right course of action?
It is absolutely critical that an investor has a financial plan
before investing because the timing of exit from a scheme is far
more important than the timing of entry. The well-prepared
financial plan in consultation with an advisor will guide not
only the time horizon of each investment but also ensure proper
exit when the goals laid out under the plans are attained.

Sundaram Select Focus Fund being a large-cap fund What are your thoughts on asset allocation? For retail
has underperformed its benchmark with Nifty 50 TRI. investors, is strategic asset allocation better than
So, what are the factors that have led to such an tactical asset allocation?
underperformance and what will be your advice to Tactical asset allocation is fraught with risk as investors
investors? inevitably use past performance to decide about future asset
allocation. A strategic approach, drawn up in conjunction with
Sundaram Select Focus Fund has beaten its benchmark, the a financial plan with well-demarcated goals, will ensure that
Nifty 50 TRI, right from a three-year period to a three-month asset allocation gets modified based only on the investors’ needs
period. Any period older than that is not a correct comparison and timeframes and not the vagaries of the stock market and of
as the current fund manager has been managing the scheme the emotional reactions of investors in a typical ‘fear versus
only for less than three years. In fact, when compared with the greed’ toggle.
pool of 29 large-cap funds in the industry, as per Value Research
data, the fund is ranked 2nd on a three-year timeframe and is
With its re-categorisation circular SEBI came up with
consistently in the top two quartiles right through ever since the
current fund manager has been in charge. a new sub-category in equity schemes viz. large and
mid-cap funds where you are one of the best. So, in
Apart from Sundaram Infrastructure Advantage Fund, your opinion, what is the advantage of investing in
Sundaram Mid Cap Fund and Sundaram Small Cap these funds and who should invest in them?
Fund, all the equity funds adopt growth strategy and
have major allocation towards large-cap. So, why do The advantage with this category is that there is a 35 per cent
minimum that need to be maintained in large-caps as well as in
you have to stick to the same strategy while others mid-caps stocks. This ensures that you get inherent risk
are hopping between the strategies depending on the mitigation from the underperformance of any one cap curve.
This also ensures that the riskier small-cap segment does not get
markets? more than 35% allocation. Plus, the fact that the Nifty Large
When we construct a portfolio with a four to five year Mid-Cap Index is the benchmark ensures that a balance is
perspective, which is Sundaram Asset Management Company’s always maintained. Thus from a view of optimising the risk-
general approach, we have to identify a strategy for each scheme reward framework, is appropriate for moderate risk-oriented DS
and stick with it. Especially since we have a very intensive investors to invest in this category.
research-driven bottom-up stock-picking approach guided by
growth at a reasonable price (GARP) principle. We have to Mutual Fund investments are subject to market risks, read all scheme related
therefore adopt a consistent overarching sector view. In our documents carefully.

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MF QueryBoard
Should I invest in bank fixed deposits or ultra-short duration
debt funds? - Ronak Karwa
I
f the interest that you earn on bank fixed deposits (FDs) is
more than `10,000 then you are liable for 10% TDS. If you
fall in the 20% or 30% tax bracket then you are liable for
taxation accordingly. So, the thing here to note is that `10,000 is
not an exemption, but a limit. Thus, if your interest income
stands at `10,001 then you are liable for taxation on the whole
amount. Assuming the bank FDs interest rate is around 6.5%, an
investment of `1.5 lakhs won’t attract any taxation.
However, if you have investments more than that it is better to
consider ultra-short duration funds. From a taxation point of
view ultra-short duration would be much more tax-efficient than
bank FDs post three years of investment as ultra-short duration
funds would enjoy the indexation benefit. So, it is anytime better
to invest in ultra-short duration funds as you get much more
flexibility to move your funds. While in the case of fixed deposits
you have to bear penalty if you move the funds. Even the rate of
return provided by the ultra-short duration funds is in line with
those of bank FDs.
I wish to invest for my retirement. Which is better, NPS or
PPF? - Karan Panwal
T
he National Pension System or NPS, as it is popularly
known as, is something like a mutual fund wherein you
invest some money and also have the liberty to choose asset
allocation. However, PPF (Public Provident Fund) is something
that yields fixed returns. So, technically both are not comparable.
Nevertheless, both enjoy the EEE (exempt exempt exempt) status.
This means that you can avail tax benefit under Section 80C for
PPF and section 80CCD for NPS. The gains made under NPS and
interest earned through PPF are also tax-free and at the time of
maturity even the withdrawal is tax-free.
However, let us get back to your query as to whether you should
go for PPF or NPS for your retirement. Here, NPS would score
over PPF for the fact that in NPS you can have equity exposure of
as high as 75% which helps you to accumulate more than that of
PPF. Even having 25% exposure to equity via NPS would score
over PPF. In case of NPS the investment is locked till retirement
whereas in PPF investments are locked in till 15 years and then
you have to renew it every five years to continue parking money
in PPF. Currently the interest rate on PPF is 7.9% and in case of
NPS for Tier 1 account five-year average returns on equity works
out to 7.43%.
For government bonds the five-year average returns is 10.66% and
Readers are requested to send only one query at a time so that more readers get a chance. Have questions relating to any aspect of
personal finance. Ask DSIJ at editorial@DSIJ.in and get your queries resolved.
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corporate debt five-year average returns is 9.95%. So, if you have
75% in equity, 15% in corporate debt and 10% in government
bonds then your weighted average returns are 8.13%. Here, you
may think that equity yields less than PPF. However, as the
returns mentioned are trailing, it is accounting for the perfor-
mance of the year 2018 also, which was not good for equity.
In long-term, equity has the potential to provide higher returns.
Nevertheless, the weighted average performance of NPS is
marginally better than PPF even though equity hasn’t per-
formed well. However, mutual funds prove to be way more
flexible than that of NPS and PPF. The only thing it requires is
discipline and patience while investing. Mutual funds have the
potential to provide even higher returns than that of NPS and
PPF. Therefore, it would be better if you hold NPS and alongside
create a mutual fund portfolio to get better results.
The automotive industry in witnessing a good amount of
correction; therefore, would it be right to do bottom fishing in
UTI Transportation and Logistics Fund?
 - Pranav Gulati
Name of the Fund UTI Transportation & Logistics Fund
Scheme Category Equity – Sectoral
NAV
87.68
(As on September 20, 2019)
Expense Ratio
2.22%
(As on August 31, 2019)
AUM (` / Crore)
(As on August 31, 2019)
1,217
Y
es, the automotive industry is going through a major
correction. But firstly, it is to be noted that there is only one
fund that is strictly dedicated to the automotive sector and it
is the one you have mentioned i.e. UTI Transportation and
Logistics Fund. However, there are many diversified equity funds
that own automotive stocks. So, if you invest in such funds, you will
not only have exposure to automotive stocks but also would get the
benefit of diversification. Hence, when the automotive sector turns
around, even these funds would be benefited from them.
However, if you have an in-depth understanding of the automo-
tive sector, then why don’t you directly buy automotive stocks?
You may consider investing in some leading automotive OEMs
and automotive ancillary companies that you feel can turn around
in the future. Though, this would be your individual decision.
However, if you are someone who doesn’t have a particular sector’s
understanding then it is better to invest in a diversified equity fund
rather than betting on sectors. Just ensure that you are regularly
investing in the decided fund and maintain proper asset allocation
with periodic rebalancing to get the best results. Work out a
financial plan which will help you to have an overall financial
picture and also help you to plan your investments. DS
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Special Report
MF Page - 12

Investing In Large And

Mid-Cap Funds: Checks
And Balances
In terms of performance, in the last one year multi-cap funds have performed better than the
large and mid cap category due to higher allocation towards large-cap stocks

I
t is pure irony that some categories of funds came into terms of return, it is better than the mid-cap fund but worse
existence only after the market regulator decided to take than the large-cap category. This is true for the last one year as
the initiative to streamline and limit the number of overall the mood of the market is not great and is negatively
mutual fund offerings by the fund houses. One such tilted. It is expected that once the market regains its momentum
category is the ‘Large and Mid-Cap Fund’. Prior to the due to the corporate tax rate cut, the large and mid-cap
Securities and Exchange Board of India’s (SEBI) circular on categories of funds are going to perform better than the
categorisation and rationalisation of the schemes, this category large-cap due to higher beta as compared to large-cap funds.
did not exist in its present avatar. According to the SEBI’s Therefore, this category of fund helps an investor to have a
re-categorisation, a Large and Mid-Cap Fund is one that invests smoother investment experience.
minimum 35% each in large and mid-cap stocks. The large-cap
stock universe consists of the first 100 companies in terms of
market capitalisation, mid-caps consists of 101st – 250th and
Average Returns of Different Categories of Funds
small-caps 251st company onwards. Therefore, for the large and Fund Category No. of Funds Last One-Year Return (%)*
mid-cap category, 70% of the portfolio is constituted by the first Large-cap 35 1.01
250 stocks. The rest 30% can be invested into any category of Large and mid-cap 23 -1.31
stocks. Mid-cap 23 -4.88
* Ending September 23, 2019

Why Large and Mid-Cap Fund? However, if we look at the funds from this category, all the
The primary idea behind the creation of such a category is that funds except a couple of them existed before the categorisation.
it will give investors best of both worlds – better returns with Only two funds have been launched in this category in the last
lower downside. The large-cap component of these funds helps 18 months. Most of them were earlier classified in the equity-
restrict the downside risk. This is visible in the current situation diversified category and some were even from large-cap funds.
where large-cap-dedicated equity indices have performed There were only a couple of funds that were large and mid-cap
better than the broader market. The broader market like funds such as Quant Large and Mid-Cap Fund and LIC MF
mid-cap and small-cap are struggling and have been wallowing Large and Mid-Cap Fund. The following table shows how large
in the negative territory over the past one year compared to and mid-cap category funds were before SEBI’s categorisation
frontline indices like Sensex, which has generated positive of scheme kicked in.
return in the last 12 months. Nevertheless, in year 2017, it was a
reverse situation since the broader market was touching new
highs while the performance of the large-cap stocks and their Previous category of Large & Mid-cap Funds
indices were lagging behind. Previous Category Current Category Number of Funds
Diversified funds Large and mid-cap 10
We see that the idea of this category of fund looks good as its Large-cap funds Large and mid-cap 5
performance lies between large-cap and mid-cap categories. In Mid-cap funds Large and mid-cap 4

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 MF Page - 13

Hence, it may seem that this category has been created only to In terms of performance, in the last one year multi-cap funds
accommodate the existing funds that could not be adjusted in have performed better than the large and mid-cap category due
any other category or because fitting them in any category to higher allocation towards large-cap stocks.
would have resulted in large churning in the portfolio. This is
especially true when there is already a multi-cap category
whose look and feel is very much like the Large and Mid-Cap Average performance of funds
Fund. Average of Average of
Standard Return (%) Number of
Category Deviation 1 Year Funds
Large and mid-cap funds versus EQ-L and M 15.4 -1.31 23
multi-cap funds EQ-MLC 15.07 -0.26 50

It is clear that the Large and Mid-Cap Funds is different from

large-cap and mid-cap funds both in terms of return and risk.
Nonetheless, there is an uncanny resemblance between
multi-cap funds. The regulator defines multi-cap fund as those
funds that need to have a minimum investment in equity and
equity-related instruments of 65%. Multi-cap schemes are
allowed to invest in any mix of large, mid and small-cap stocks
that the fund manager deems appropriate, as long as at least
65% of the monies are in equities.
Choosing the better option
Though, on the surface, there seems to be not much of difference
between these categories of funds, there is some difference
beneath. In case of large and mid-cap category there is less
flexibility in the hands of a fund manager to the extent of
exposure to different market cap stocks. In any case, he has to
maintain 35% of the exposure to large-cap stocks and mid-cap
stocks to the same extent.

Take a look at the portfolios of some large and mid-cap funds
and multi-cap funds. There does not seem to be much
difference in terms of make and design of the portfolio
constituents. Both are large-cap dominated with lower
allocation towards small-cap stocks.
In case of multi-cap funds, the fund manager can change the
shape and size of the fund according to his prognosis of the
market. If he believes that going ahead, the markets are likely to
grow at a higher pace, he may allocate more funds towards
mid-cap and small-cap stocks to average better gains.

Portfolio Holdings of Different Categories of Funds In case of large and mid-cap, he cannot exceed 65% in mid-cap
stocks as he has to invest at least 35% in mid-cap stocks.
Average Portfolio Holdings* Therefore, investors who want their fund manager to take a call
Fund Category Mid-Cap Small-Cap on the market and rely on his decision can invest in multi-cap
Large-Cap (%)
(%) (%) funds. However, for those investors who wish to provide that
Large and Mid-Cap funds 53.44 36.64 6.35 flexibility, but only to a limited extent, the large and mid-cap
Multi-cap funds 69.1 15.82 9.09 category works better for them.
* August 31, 2019

Top Ten Large and Mid-Cap Funds Based on Last One Year Performance
AUM Expense
Funds Fund Manager (in ` Crore) Ratio (%) Benchmark Index NAV (`) Return (%) 1 Year
Chandraprakash
Tata Large and Mid-Cap Fund (G) 1377.9 2.19 S&P BSE 200 - TRI 205.43 7.76
Padiyar
Mirae Asset Emerging Blue Chip-Reg (G) Neelesh Surana 7759.4 1.88 Nifty Large Mid-Cap 250 Index – TRI 53.05 5.13
Essel Large and Mid-Cap Fund-Reg (G) Manav Vijay 99.6 2.6 S&P BSE 200 – TRI 15.06 3.47
Kotak Equity Opp Fund (G) Harsha Upadhyaya 2487.6 2.17 Nifty 200 - TRI 117.81 3.01
DSP Equity Opportunities Fund-Reg (G) Rohit Singhania 5166.2 1.95 Nifty 500 - TRI 219.43 1.83
LIC MF Large and Mid-Cap Fund-Reg (G) Sachin Relekar 509.4 2.77 Nifty Large Mid-Cap 250 Index - TRI 14.99 1.8
Sundaram Large and Mid-Cap Fund (G) S  Krishnakumar 721 2.6 Nifty Large Mid-Cap 250 Index - TRI 34.35 1.59
Edelweiss Large and Mid-Cap Fund-Reg Harshad
429.4 2.48 S&P BSE 200 - TRI 30.98 0.98
(G) Patwardhan
S&P BSE 250 Large Mid-Cap 65:35
Invesco India Growth Opp Fund (G) Taher Badshah 1658.8 2.07 33.97 0.89
Index - TRI
SBI Large and Mid-Cap Fund-Reg (G) Saurabh Pant 2492.9 2.24 Nifty Large Mid-Cap 250 Index - TRI 215.37 0.09

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With Ranking

T
he following table lists top-ranked equity funds based on
DSIJ's proprietary research methodology. We have
evaluated each funds underlying portfolio of stocks and
ranked them based on their expected portfolio returns. In a similar
way we calculated the risk of a fund based on its constituents. This
helps us to ‘rank’ and assign ‘risk’ to newly launched funds also.
We continuously evaluate equity funds based on the changed
ratings of their underlying stocks and the change in their prices.
Therefore, this list is quite dynamic and reflects the best possible
return potential of the funds for the next one year.
You can use this ranking to create your own mutual fund
portfolio. Depending on your risk profile, return expectations and
overall asset allocation, you can add the best performing fund
category to your portfolio. For clarity and to include more funds,
we have not included ‘Direct’ and ‘close-ended’ funds. You can visit
our website (www.dsij.in/mutual-fund) to check the entire list
along with equity-oriented hybrid and close-ended funds.
This ranking can also be used for reviewing different holdings
in your fund portfolio. Hence, a consistently laggard performer of a
category can be looked at as 'Switch' or 'Exit' advice.
Key To Databank
Category Rank: Category wise ranking as on Sept 23th 2019
Scheme Name: This is the name of the mutual fund scheme
NAV (`): Net asset value per unit of a mutual fund or an exchange-traded fund
(ETF) on a specific date
AUM (`Crore): This is the total market value of financial assets held by the mutual
fund scheme on a specific date.
Weightage: Large-Cap: This is a percentage of total assets held by a fund in the
large-cap stocks as defined by AMFI for the current period.
Mid-Cap: This is a percentage of total assets held by a fund in mid-cap stocks as
defined by AMFI for the current period.
Small-Cap: This is a percentage of total assets held by a fund in small-cap stocks as
defined by AMFI for the current period.
Total No of Companies: This is a total number of securities held by a mutual fund
scheme at the end of a specific month.
Expenses Ratio: This is the latest expense ratio disclosed by the mutual fund scheme
Return_1Years: This is the past one-year return given by the scheme.
Expected 1-yr return: This is based on our analysis of the portfolio of mutual fund
scheme and their expected growth in the next one year, assuming the underlying
remains the same.
Current Rank: Rank as on Sept 23th 2019
Previous Rank of Sept 9th 2019 is shown under bracket ()
Risk : Risk as on Sept 23th 2019

Expense Return 1Expected

Category Weightage (%) DSIJ Current
NAVNo of AUM
Scheme Name Companies Ratio (%) 1 Years yr return Rank Risk
Rank (`) (` Cr)
Large Cap Mid Cap Small Cap (%) (%) (23 Sept 19)
Equity - Large Cap
1 HDFC Top 100 Fund - Regular Plan 473.97 16842 91.20 7.74 0.00 52 1.78 0.86 25.91 36 (21) Moderately High
2 Reliance Large Cap Fund 33.07 11819 81.04 13.29 4.67 46 1.86 -2.33 25.57 39 (17) Moderately High
3 Franklin India Bluechip Fund - Growth 443.32 6577 87.20 1.71 0.00 34 1.86 -5.70 24.02 67 (25) Moderately High
4 Mirae Asset Large Cap Fund 50.44 13946 84.71 9.95 1.71 62 1.75 2.82 23.28 82 (192) Moderate
5 Aditya Birla Sun Life Frontline Equity Fund 218.93 20094 83.72 9.82 1.56 61 1.82 -0.98 22.17 106 (208) Moderate
6 ICICI Prudential Bluechip Fund 41.62 21673 84.38 3.19 0.31 55 1.78 -0.62 20.84 140 (153) Moderate
7 DSP Top 100 Equity Fund 205.84 2317 90.78 1.38 1.43 42 2.16 1.81 20.09 156 (28) Moderately High
8 Mahindra Pragati Bluechip Yojana 10.10 80 84.66 10.36 0.00 25 2.67 ** 19.86 169 (243) Moderately Low
9 IDFC Large Cap Fund 31.80 416 83.42 3.23 8.13 33 2.63 -1.91 19.14 208 (77) Moderately Low
10 SBI Equity Minimum Variance Fund 9.83 47 97.52 0.00 0.00 51 0.70 ** 19.12 209 (99) Moderately Low
11 Invesco India Largecap Fund 27.86 194 86.68 6.92 1.81 29 2.50 -0.21 18.75 216 (264) Moderately Low
12 Tata Large Cap Fund - Regular Plan 217.18 755 91.73 1.70 1.09 24 2.45 2.50 18.63 224 (224) Moderately Low
13 SBI Blue Chip Fund 39.19 21483 79.15 10.35 0.92 52 2.00 2.61 18.58 227 (153) Moderately Low
Equity - Large & Mid Cap
1 ICICI Prudential Large & Mid Cap Fund 316.47 3457 55.87 37.76 3.41 60 2.04 -2.58 24.13 58 (88) Moderate
2 Mirae Asset Emerging Bluechip Fund 53.05 7759 55.54 35.45 8.64 63 1.88 5.13 23.78 73 (165) Moderately High
3 IDFC Core Equity Fund 43.52 2678 51.55 35.37 10.09 68 2.00 -4.35 22.82 90 (47) Moderate
4 HDFC Growth Opportunities Fund - Reg. Plan 108.93 1231 60.49 37.18 0.59 46 2.32 -2.13 22.00 109 (6) Moderately High
5 UTI Core Equity Fund 59.46 833 53.43 35.30 8.72 62 2.48 -6.07 21.63 117 (211) Moderate
6 Franklin India Equity Advantage Fund 77.12 2467 54.72 35.16 4.24 51 2.05 -4.44 21.08 137 (186) Moderately High
7 Reliance Vision Fund 506.85 2606 59.60 35.26 0.00 50 2.09 -5.05 20.66 143 (24) Moderate
8 Sundaram Large and Mid Cap Fund 34.35 721 51.16 42.33 0.14 36 2.65 1.59 20.28 154 (231) Moderate
9 Canara Robeco Emerging Equities 89.45 4668 53.56 36.05 6.11 62 2.07 -4.23 19.86 169 (161) Moderate
10 DSP Equity Opportunities Fund 219.43 5166 57.43 36.17 3.39 67 1.96 1.83 19.80 176 (190) Moderate
Others - Index Funds/ETFs
1 Reliance CPSE ETF 23.62 11429 86.07 12.86 0.00 10 0.01 -13.19 41.06 1 (4) Moderately High
2 ICICI Prudential Bharat 22 ETF 34.49 6769 87.95 10.62 0.93 22 0.01 -5.45 30.05 9 () Moderate

() There are some blanks in the previous ranking column. This is because these funds were not in our last ranking
** These funds are yet to complete one year

Assets managed by the Indian mutual fund industry have grown from `24.70 trillion in August 2018
to `25.64 trillion in August 2019. That represents a 3.80% growth in assets over August 2018.

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Expense Return 1Expected

Category Weightage (%) DSIJ Current
NAV AUM No of
Scheme Name Companies Ratio (%) 1 Years yr return Rank Risk
Rank (`) (` Cr)
Large Cap Mid Cap Small Cap (%) (%) (23 Sept 19)
3 SBI ETF Nifty Bank 293.19 3499 96.33 3.68 0.00 12 0.30 10.61 27.08 17 (54) High
4 Reliance ETF Bank BeES 2,959.14 6061 96.32 3.68 0.00 12 0.19 10.58 27.08 17 (55) High
5 DSP Equal Nifty 50 Fund 9.41 105 99.50 0.00 0.00 51 0.90 -8.04 26.42 24 (9) Moderately High
6 Kotak PSU Bank ETF 249.85 45 61.91 32.80 5.27 12 0.49 -13.29 26.18 28 (73) High
7 Reliance ETF PSU Bank BeES 277.88 114 61.90 32.80 5.27 12 0.51 -13.06 26.18 28 (75) High
8 ICICI Prudential Bank ETF 290.42 244 97.02 3.38 0.00 12 0.16 ** 25.12 41 (56) High
9 IDBI Nifty Junior Index Fund 20.70 50 89.80 9.83 0.00 50 1.05 -5.88 24.11 61 (137) Moderately High
10 SBI ETF Nifty Next 50 281.12 319 89.98 9.87 0.00 50 0.30 -5.25 24.07 62 (140) Moderately High
11 UTI Nifty Next 50 Exchange Traded Fund 281.17 294 89.97 9.87 0.00 50 0.15 -5.04 24.07 62 (140) Moderately High
12 Reliance ETF Junior BeES 283.91 1161 89.96 9.86 0.00 50 0.15 -5.36 24.07 62 (142) Moderately High
13 UTI Nifty Next 50 Index Fund 9.76 428 89.95 9.85 0.00 50 1.06 -6.09 24.06 65 (138) Moderately High
14 DSP Nifty Next 50 Index Fund 10.57 29 89.69 9.84 0.00 50 0.60 ** 23.99 68 (151) Moderately High
15 ICICI Prudential Nifty Next 50 Index Fund 24.29 582 89.64 9.82 0.00 50 0.85 -6.09 23.99 68 (146) Moderately High
16 Aditya Birla Sun Life Nifty Next 50 ETF 274.62 76 89.58 9.84 0.00 50 0.05 ** 23.98 70 (148) Moderately High
17 Reliance ETF NV20 561.50 30 99.39 0.00 0.00 20 0.16 ** 22.88 89 (32) Moderately Low
18 ICICI Prudential Midcap Select ETF 63.20 33 25.58 73.92 0.00 30 0.47 -7.53 21.70 116 (166) Moderately High
19 Reliance ETF Nifty Midcap 150 59.73 132 6.51 89.11 4.20 149 0.31 ** 21.11 134 (193) Moderately High
20 ICICI Prudential S&P BSE 500 ETF 149.17 29 81.11 12.53 5.74 501 0.30 -2.12 20.60 145 () Moderately High
21 LIC MF Exchange Traded Fund - Nifty 100 118.64 308 98.60 1.33 0.00 101 0.25 0.40 20.37 150 (113) Moderate
22 ICICI Prudential Nifty ETF 118.58 1188 101.05 0.00 0.00 50 0.05 1.62 20.01 159 (121) Moderate
Equity - Sectoral/Thematic
1 Reliance Power & Infra Fund 93.87 1243 32.98 11.91 52.99 36 2.34 -4.45 38.36 2 (10) Moderately High
2 IDFC Infrastructure Fund 13.91 783 40.17 15.52 43.16 40 2.32 -11.91 35.03 4 (20) High
3 HSBC Infrastructure Equity Fund 15.14 84 41.18 14.71 41.62 39 2.56 -19.67 31.32 5 (35) High
4 Aditya Birla Sun Life Infrastructure Fund 29.38 492 31.82 30.29 35.94 51 2.64 -9.24 30.34 8 (40) Moderately High
5 ICICI Prudential Infrastructure Fund 49.25 1089 54.25 8.23 35.25 48 2.34 -0.50 27.92 13 (46) Moderately High
6 ICICI Prudential India Opportunities Fund 9.85 1837 65.28 19.38 5.96 39 2.17 ** 27.21 16 (74) Moderately High
7 Franklin India Opportunities Fund 70.61 545 69.01 11.61 13.02 34 2.53 -4.37 26.70 21 (3) Moderately High
8 DSP Natural Resources and New Energy Fund 28.58 336 85.35 4.98 0.90 19 2.51 -17.24 26.10 31 () High
9 ICICI Prudential Banking and Financial Services 63.22 3102 54.25 21.13 14.89 28 2.13 7.28 26.01 33 (82) Moderate
10 UTI Transportation and Logistic Fund 87.68 1217 64.61 18.67 13.77 37 2.52 -22.87 26.01 33 (69) Moderately High
11 DSP Tiger Fund 89.14 1012 57.46 13.70 25.25 57 2.37 2.38 24.68 46 (19) Moderately High
12 UTI Infrastructure Fund 51.15 1191 55.57 20.50 21.41 41 2.36 0.45 24.64 47 (109) Moderately High
13 SBI PSU Fund 9.77 149 58.80 17.30 19.64 21 2.91 -4.08 24.63 48 (152) High
14 Franklin Build India Fund 39.98 1165 67.81 2.90 21.76 35 2.19 0.46 24.58 49 (1) High
15 Sundaram Services Fund 11.32 1180 47.93 19.87 22.56 43 2.37 ** 24.26 55 (89) Moderate
16 Aditya Birla Sun Life Banking And Fin. Serv. Fund 28.29 1715 78.12 8.90 8.84 24 2.42 2.02 24.20 57 (86) High
17 ICICI Prudential Exports and Services Fund 55.37 708 65.33 19.68 9.13 27 2.48 -7.55 24.13 58 (194) Moderate
18 Invesco India PSU Equity Fund 17.26 58 67.19 19.48 9.24 16 2.44 2.55 24.05 66 () Moderately High
19 Baroda Banking and Financial Services Fund 23.35 42 77.22 8.89 5.50 18 2.58 11.14 23.56 76 (225) Moderately High
20 Sundaram Infrastructure Advantage Fund 30.75 516 23.01 20.96 53.32 41 2.65 -3.11 22.96 85 (120) High
21 Tata Infrastructure Fund - Regular Plan 53.89 492 51.20 24.00 21.15 32 2.60 0.04 22.94 87 (102) Moderately High
22 Reliance Banking Fund 266.32 2776 64.85 24.90 4.37 23 2.14 0.08 22.80 92 (92) Moderately High
23 UTI Banking & Financial Services Fund 94.45 603 75.86 13.13 9.59 20 2.73 -0.36 22.52 95 (155) Moderately High
24 BOI AXA Manufacturing & Infrastructure Fund 14.90 42 29.93 27.84 41.08 47 2.54 -9.92 22.33 102 (134) High
25 HDFC Infrastructure Fund - Regular Plan 15.21 682 51.49 15.62 31.14 38 2.62 -9.86 22.20 105 (2) High
26 Mirae Asset Great Consumer Fund 34.79 804 58.53 25.36 14.21 38 2.32 2.46 22.11 107 (169) Moderately High
27 SBI Infrastructure Fund 15.01 463 46.61 9.97 41.22 28 2.62 2.55 21.92 110 (233) Moderately High
28 Invesco India Infrastructure Fund 16.38 37 33.64 23.05 41.20 32 2.43 -1.27 21.20 128 (16) Moderately High
29 UTI Healthcare Fund 80.25 384 60.02 22.74 13.30 24 2.69 -14.04 21.16 130 (245) Moderate
30 Canara Robeco Infrastructure 43.06 105 51.90 18.61 26.46 34 2.59 -2.93 21.13 132 (188) Moderately High
31 L&T Infrastructure Fund - Regular Plan 15.00 1645 37.95 27.31 30.80 50 2.21 -10.45 21.13 132 (178) Moderately High
32 ICICI Prud. Pharma Health. & Diagnostics (P.H.D) Fund 9.69 1331 57.01 16.80 19.50 29 2.19 -10.19 21.09 136 (237) Moderately Low
33 Reliance Consumption Fund 65.11 77 68.51 20.91 10.35 33 2.75 1.96 19.93 164 (240) Moderate
34 Sundaram Rural and Consumption Fund 40.52 2052 50.18 31.14 16.63 56 2.21 -3.07 19.92 165 (234) Moderately High

The proportionate share of equity-oriented schemes is now 40.8% of the industry assets in August
2019, down from 41.6% in August 2018.

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Expense Return 1Expected

Category Weightage (%)DSIJ Current
NAVNo of AUM
Scheme Name Companies Ratio (%) 1 Years yr return Rank Risk
Rank (`) (` Cr)
Large Cap Mid Cap Small Cap (%) (%) (23 Sept 19)
Equity - Focused
1 ICICI Prudential Focused Equity Fund 28.79 635 79.19 6.87 3.87 24 2.61 -8.98 24.25 56 (187) Moderate
2 Reliance Focused Equity Fund 44.27 3917 62.40 22.03 9.87 29 2.08 -4.05 23.36 81 (80) Moderately High
3 Franklin India Focused Equity Fund 39.66 7981 66.87 4.92 15.46 27 1.80 2.86 22.95 86 (12) Moderately High
4 HDFC Focused 30 Fund - Regular Plan 74.39 454 73.96 6.31 17.35 28 2.55 -3.39 22.52 95 () Moderately High
5 IDBI Focused 30 Equity Fund 9.62 217 89.92 2.12 0.53 30 2.64 -5.13 22.30 104 (126) Moderately High
6 DSP Focus Fund 23.22 1761 88.71 8.01 1.51 30 2.16 2.74 21.75 114 (49) Moderately High
7 Mirae Asset Focused Fund 10.89 1381 57.60 25.75 6.41 30 2.11 ** 19.27 204 (232) Moderately High
8 Aditya Birla Sun Life Focused Equity Fund 58.40 4039 76.03 12.27 0.00 30 2.13 0.84 18.51 230 (29) Moderately Low
Equity - Mid Cap
1 Tata Mid Cap Growth Fund - Regular Plan 135.17 674 15.06 68.92 13.27 42 2.51 1.95 27.43 14 (90) Moderate
2 Sundaram Mid Cap Fund 440.33 5420 3.30 69.07 22.79 62 2.03 -8.03 26.19 27 (70) Moderate
3 ICICI Prudential MidCap Fund 91.54 1648 5.35 67.23 19.80 71 2.34 -4.49 24.29 53 (148) Moderate
4 Aditya Birla Sun Life Midcap Fund 267.79 2174 13.33 65.40 18.58 54 2.32 -9.13 23.74 74 (159) Moderately High
5 UTI Mid Cap Fund 95.42 3422 9.40 66.08 20.63 63 2.25 -6.99 23.10 84 (108) Moderately High
6 Mirae Asset Midcap Fund 10.53 705 17.59 66.56 2.80 40 2.38 ** 22.64 94 (358) Moderately High
7 SBI Magnum Midcap Fund 68.97 3290 4.32 66.83 27.44 47 2.25 -6.76 22.01 108 (171) Moderately High
8 IDBI Midcap Fund 10.10 188 15.15 66.25 8.62 48 2.73 -11.17 21.50 121 (136) High
9 Reliance Growth Fund 1,075.55 6232 14.37 66.44 13.54 79 2.00 -1.58 21.49 122 (162) Moderately High
10 HDFC Mid-Cap Opportunities Fund - Reg. Plan 51.46 20944 8.67 65.18 17.21 72 1.71 -7.42 20.88 139 (209) Moderately High
Equity - Small Cap
1 Aditya Birla Sun Life Small Cap Fund 30.26 2110 1.07 15.40 71.48 60 2.40 -18.84 35.77 3 (14) Moderately High
2 Sundaram Small Cap Fund 73.34 994 0.00 2.96 89.97 52 2.50 -13.45 28.28 10 (37) High
3 ICICI Prudential Smallcap Fund 24.37 413 1.11 2.75 87.95 60 2.69 -1.34 26.04 32 (99) High
4 HDFC Small Cap Fund - Regular Plan 39.27 8209 5.57 15.06 62.98 72 1.85 -12.11 26.01 33 (63) Moderately High
5 DSP Small Cap Fund 50.89 4552 0.00 17.41 74.37 74 2.04 -12.30 25.40 40 (65) Moderately High
6 Invesco India Smallcap Fund 9.99 327 4.00 26.67 65.67 44 2.50 ** 24.92 43 (85) Moderately High
7 Kotak Small Cap Fund - Regular Plan 68.36 1144 5.46 26.43 67.34 60 2.33 -6.77 24.57 50 (78) Moderately High
8 Principal Small Cap Fund 9.64 137 11.66 4.97 64.13 49 2.52 0.00 24.56 51 (105) Moderate
Hybrid - Aggressive
1 ICICI Prudential Equity & Debt Fund 131.44 23288 68.52 6.43 5.83 113 1.73 0.58 27.35 15 (62) Moderate
2 Baroda Hybrid Equity Fund 53.17 548 64.28 19.85 3.96 46 2.44 -4.42 26.56 23 (31) Moderate
3 HDFC Hybrid Equity Fund - Regular Plan 53.04 20696 56.32 12.30 7.26 82 1.72 3.01 24.29 53 (48) Moderately High
4 Reliance Equity Hybrid Fund 51.51 9250 70.98 2.16 4.59 49 1.84 -7.25 23.24 83 (101) Moderate
5 Mirae Asset Hybrid Equity Fund 14.67 2429 61.64 8.61 2.49 62 2.01 4.33 21.78 113 (206) Moderately Low
6 Sundaram Equity Hybrid Fund 90.73 1722 61.16 19.66 2.42 60 2.61 2.87 21.75 114 (201) Moderate
7 Principal Hybrid Equity Fund 73.91 1559 63.23 4.96 8.15 60 2.29 -4.00 21.54 119 (199) Moderately Low
8 UTI Hybrid Equity Fund 162.38 4913 54.26 19.42 6.66 78 1.93 -5.03 20.61 144 (220) Moderately Low
9 Indiabulls Equity Hybrid Fund 10.53 44 66.32 2.93 2.54 34 2.61 ** 20.58 146 (265) Moderate
10 HSBC Equity Hybrid Fund 10.73 637 63.49 12.94 2.30 41 2.42 ** 19.95 160 (191) Moderately Low
11 Franklin India Equity Hybrid Fund 119.41 1812 60.06 7.79 1.45 40 2.11 1.63 19.70 185 (104) Moderate
12 L&T Hybrid Equity Fund - Regular Plan 25.70 8219 65.86 15.17 3.53 73 1.83 -1.86 18.62 225 (250) Moderate
Equity - Multi Cap
1 ICICI Prudential Multicap Fund 283.75 3991 69.09 13.78 10.01 78 2.08 -3.96 26.89 20 (75) Moderate
2 Reliance Multi Cap Fund 91.47 9403 53.84 25.88 19.16 51 1.99 -2.30 26.17 30 (30) Moderately High
3 Parag Parikh Long Term Equity Fund 25.39 2067 45.59 9.67 13.19 24 2.08 2.23 25.09 42 (81) Moderately Low
4 Franklin India Equity Fund 562.84 10317 75.17 14.35 6.17 56 1.77 -6.11 24.72 45 (63) Moderately High
5 Principal Multi Cap Growth Fund 133.84 818 74.07 11.76 10.28 57 2.37 -7.09 24.56 51 (129) Moderate
6 IDFC Focused Equity Fund 35.39 1382 49.00 22.45 22.15 26 2.16 -7.98 23.40 80 (97) Moderately Low
7 HDFC Equity Fund - Regular Plan 639.26 21622 88.00 7.43 4.14 44 1.72 0.56 21.10 135 (8) Moderately High
8 Baroda Multi Cap Fund 95.63 760 64.63 25.62 1.50 43 2.51 -1.98 21.08 137 (34) Moderately Low
9 Tata Multicap Fund 10.49 1585 73.03 15.00 3.85 34 2.19 5.75 20.37 150 (215) Moderately Low
10 PGIM India Diversified Equity Fund 13.01 111 67.12 14.04 15.96 48 2.59 -0.83 20.04 158 (205) Moderate
11 Mahindra Mutual Fund Badhat Yojana 10.78 280 71.71 19.28 6.53 56 2.51 1.47 19.59 195 (87) Moderate
12 SBI Magnum Multi Cap Fund 48.98 7549 61.29 18.07 16.30 57 2.13 3.80 19.25 205 (40) Moderate

The proportionate share of debt-oriented schemes is 28.7% of industry assets in August 2019,
down from 31.2% in August 2018.

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Expense Return 1Expected

Category Weightage (%) DSIJ Current
NAV AUM No of
Scheme Name Companies Ratio (%) 1 Years yr return Rank Risk
Rank (`) (` Cr)
Large Cap Mid Cap Small Cap (%) (%) (23 Sept 19)
13 Invesco India Multicap Fund 45.70 842 39.66 30.25 25.47 39 2.34 -6.83 18.95 211 (195) Moderately High
14 HSBC Multi Cap Equity Fund 80.93 427 73.94 13.02 10.06 35 2.49 -8.64 18.74 217 (204) Moderately High
Equity - Value/Contra
1 IDFC Sterling Value Fund 46.15 2890 16.34 35.64 41.65 77 2.09 -12.84 31.02 6 (38) Moderately High
2 HDFC Capital Builder Value Fund - Regular Plan 273.93 4257 66.57 6.85 22.81 56 1.96 -8.34 30.37 7 () Moderately High
3 Templeton India Value Fund 233.20 479 61.65 15.98 13.79 41 2.53 -10.15 28.18 11 (36) Moderately High
4 Aditya Birla Sun Life Pure Value Fund 45.90 3987 39.00 15.59 32.68 66 2.22 -18.78 28.13 12 (13) Moderate
5 IDBI Long Term Value Fund 10.08 145 55.26 23.69 14.04 52 2.91 0.59 26.59 22 (94) Moderately High
6 Quantum Long Term Equity Value Fund - Reg. Plan 52.34 905 74.00 11.04 1.49 26 1.78 -4.23 26.34 26 (158) Moderately Low
7 Invesco India Contra Fund 46.06 3992 65.51 23.13 7.33 48 1.90 -3.32 24.77 44 (15) Moderately High
Equity - ELSS
1 Quantum Tax Saving Fund - Regular Plan 51.88 75 74.10 11.08 1.44 26 1.78 -4.42 26.36 25 (157) Moderately Low
2 ICICI Prudential Long Term Equity Fund 364.42 5965 69.94 9.90 12.77 55 2.15 -2.91 25.67 38 (170) Moderate
3 Principal Tax Savings Fund 197.78 375 69.88 12.12 15.73 57 2.56 -6.50 23.98 70 (96) Moderate
4 UTI Long Term Equity Fund 84.35 1146 60.60 28.98 6.60 57 2.47 -1.81 23.41 79 (135) Moderately High
5 Mirae Asset Tax Saver Fund 17.58 2306 74.84 17.18 7.57 59 2.02 3.89 22.82 90 (182) Moderately High
6 HSBC Tax Saver Equity Fund 35.98 145 67.26 17.38 13.70 36 2.49 -0.83 22.79 93 (167) Moderately High
7 IDFC Tax Advantage (ELSS) Fund 53.19 1877 48.59 17.04 28.57 72 2.02 -6.50 22.45 97 (173) Moderately High
8 HDFC TaxSaver - Regular Plan 492.20 6783 85.35 8.60 4.11 46 1.97 -5.12 22.43 99 (7) Moderately High
9 Tata India Tax Savings Fund - Regular Plan 18.06 1815 78.22 10.98 5.27 38 2.12 4.64 22.36 101 (180) Moderate
10 Reliance Tax Saver Fund 50.08 9187 63.04 19.78 15.82 49 1.95 -11.97 22.32 103 (18) Moderately High
11 Sundaram Diversified Equity Fund 96.89 2439 58.44 21.51 11.99 52 2.13 -4.49 21.35 124 (72) Moderate
12 PGIM India Long Term Equity Fund 13.99 340 80.65 6.85 7.27 42 2.36 -0.56 20.21 155 (239) Moderately Low
13 DSP Tax Saver Fund 48.46 5482 76.89 7.75 9.05 65 1.90 5.12 19.65 191 (217) Moderately Low
14 SBI Magnum Tax Gain Scheme 93 136.24 6683 69.17 12.95 10.85 65 1.99 -3.46 19.35 200 (142) Moderate
15 Franklin India Taxshield 552.39 3773 76.62 11.26 4.04 50 1.86 -2.37 18.78 215 (93) Moderate
Hybrid - Equity Savings
1 UTI Equity Savings Fund 10.20 327 72.53 10.41 0.45 64 1.46 2.22 25.81 37 (305) Moderately Low
2 Reliance Equity Savings Fund 12.28 1124 64.70 3.56 4.25 49 2.30 -3.62 21.30 125 (176) Moderate
3 Baroda Equity Savings Fund 10.12 461 75.11 2.09 0.00 47 1.96 ** 20.31 152 (53) Moderately Low
4 HDFC Equity Savings Fund - Regular Plan 36.67 4910 70.28 7.11 5.08 118 1.93 2.95 19.82 174 (71) Moderately Low
5 DSP Equity Savings Fund 12.66 1062 56.06 18.49 4.44 104 2.15 2.59 18.91 212 (39) Moderately Low
6 Sundaram Equity Savings Fund 10.45 139 63.80 4.49 0.00 47 2.49 ** 18.87 213 (98) Low
7 Kotak Equity Savings Fund - Regular Plan 14.39 1950 61.08 8.14 1.37 120 2.16 4.30 17.88 247 (175) Moderately Low
8 Aditya Birla Sun Life Equity Savings Fund 13.44 796 41.00 30.58 5.15 56 2.41 2.13 17.12 265 (236) Moderate
9 Franklin India Equity Savings Fund 10.19 289 65.39 6.47 0.68 52 2.12 2.40 16.41 283 (44) Low
Hybrid - Dynamic Asset Allocation/Balanced Advantage
1 HDFC Balanced Advantage Fund - Regular Plan 192.42 40919 77.88 8.41 5.68 82 1.90 2.13 24.12 60 (27) Moderately High
2 Baroda Dynamic Equity Fund 10.66 390 58.34 10.61 2.33 43 2.46 ** 20.31 152 (50) Moderately Low
3 Tata Balanced Advantage Fund 10.39 984 60.03 9.75 0.78 64 2.31 ** 18.30 236 (287) Moderately Low
4 Reliance Balanced Advantage Fund 90.59 2314 50.79 19.72 2.85 61 2.15 3.86 17.91 245 (241) Moderately Low
5 Kotak Balanced Advantage Fund 10.67 2916 57.35 9.05 3.86 126 2.07 7.31 17.57 254 (60) Moderately Low

Solution Oriented
1 Reliance Retire. Fund - Wealth Creation Scheme 12.66 1500 79.88 4.73 11.88 57 2.35 -6.31 23.64 75 (103) Moderately High
2 HDFC Retire. Savings Fund - Equity - Reg. Plan 16.59 723 47.24 12.94 26.48 59 2.34 -0.33 23.55 77 (106) Moderately High
3 HDFC Retire. Savings Fund - Hybrid Eq. - Reg. Plan 16.52 313 55.28 8.95 23.23 57 2.44 2.91 22.45 97 (127) Moderately High
4 HDFC Childrens Gift Fund - Regular Plan 119.52 2780 48.78 12.89 12.06 63 2.27 1.97 21.23 126 (183) Moderate
5 ICICI Prudential Retire. Fund - Hybrid Aggressive 10.23 79 70.12 4.83 0.00 24 2.37 ** 18.79 214 (277) Moderately Low
6 ICICI Prudential Retirement Fund - Pure Equity 10.17 55 77.78 4.88 0.00 25 2.57 ** 18.59 226 (290) Low
7 ICICI Prudential Child Care - Gift Fund 137.78 612 69.32 8.37 1.72 27 2.48 -0.30 17.98 242 (339) Moderate
Hybrid - Multi Asset Allocation
1 ICICI Prudential Multi Asset Fund 265.15 10942 60.37 7.13 5.56 76 1.90 1.41 20.48 148 (261) Low
Equity - Dividend Yield
1 ICICI Prudential Dividend Yield Equity Fund 15.49 167 50.88 13.50 24.66 37 2.67 -10.67 26.93 19 (5) Moderately Low
2 Templeton India Equity Income Fund 45.57 897 41.56 15.26 12.45 36 2.36 -2.62 21.92 110 (144) Moderate
3 Principal Dividend Yield Fund 50.87 187 71.12 10.32 16.39 48 2.56 -6.18 20.39 149 (26) Moderately Low

All the NAV figures are for date Sept 23, 2019. Trailing returns are also calculated for the same date. AUM, weightage of a stocks, number of
companies and expense ratio are for the period ending July 2019. All the raw data is provided by Dion Global Solutions Ltd.

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