1. Sukhjit Starch
& Chemicals Ltd is a 10 rupee face value Commodity
chemical company.
2. Year high of Sukhjit Starch
& Chemicals Ltd is 325 year low 217.50 and stock traded at 228.90, Year high/ low
ratio is below 2 so as my theory current market price is a stable price, New readers please see my research terms at
this link
3. Promoters of Sukhjit Starch
& Chemicals Ltd hold 60.64 %FII hold nil % and DII hold 029% in Sukhjit Starch
& Chemicals Ltd. Promoters
sligtly increase there holding from 60.28 % this is an another good point.
4.Sukhjit Starch
& Chemicals Ltd has good dividend
history pay near 3 to 5 rupee per share dividednd..
5. No any bonus
issue right issue and bulk deals is recorded
in last 2 year.
6. Sukhjit Starch
& Chemicals Ltd net sale per share of Fy 14-15 is 724.21.
7. Net sale per
share is three time higher then CMP so this stock have potential to give decent returns..
8. Book value of Sukhjit Starch
& Chemicals Ltd is 271.83 CMP is also
lower then book value..
8. Overall your
choice is good in my view.
10.Discloser:- I Mahesh Chander Kaushik author of
this research report is an existing research analyst and passed NISM
certification for research analysts. I am also registered under SEBI(RESEARCH
ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby
disclose about my financial interest in the subject company and the nature of
such financial interest:- 1 Me and my associates or relatives have not hold any
share of Sukhjit Starch & Chemicals Ltd so my personal interest is not included in this stock.
2. Me and my associates or relatives have not any actual/beneficial
ownership of one percent or more securities of the subject company ( Sukhjit Starch & Chemicals Ltd). 3. Me and my associates or relatives have not any other
material conflict of interest at the time of publication of the research
report. 4. Me and my associates or relatives have not received any type of compensation from the
subject company(Sukhjit Starch & Chemicals Ltd) in the past twelve months. 5. I am not served as an
officer, director or employee of the subject company ( Sukhjit Starch & Chemicals Ltd). 6. I have been not engaged in market making activity
for the subject company (Sukhjit Starch & Chemicals Ltd).
Thank you very much Maheshji for your detailed analysis,
ReplyDeleteRegards,
Rajesh Ambalavanan
Thank you Rajesh ji
DeleteHello Mahesh Ji,
ReplyDeleteCan you suggest if investing in ETF is good, can you suggest few ETF funds to invest.
Thanks,
Manish
Rgistration ID - 14581
Hello,
ReplyDeleteMahesh ji
Plz suggest me regarding j.p.associate. bcz, i have 1000 shares @ 12.50 . I want to know, how its trade in two days
Sorry sir
DeleteI am unable to say about 2 day trades because all of my fundamentals calls are for 2-3 year view if you want to trade for 1 and 2 day then please do not use this blog recommendations and consult any technical analyst instead of fundamental analyst like me.
Regards
Hi Mahesh ji
ReplyDeleteWhat is your outlook on Jindal SAW & VIDEOIND
Jindal SAW---->close price:62.5, base price:69.88, high/low: 1.9, target price: 216.77
Thanks,
Nitin
registration id 14580
Nicks
DeleteI salute you for your work
Jindal Saw is best and will be my next recommendation.
Videocon promoters pledged his 99 % stake so this situation is very poor.
Thanks for the reply. I think in your book you did not mentioned about pledged share concept. Please tell me the concept and when it is applicable(up to what level it is applicable example 20% 30% 40% etc.). Is same thing applicable to Asian paints? I heard about the same pledge share news for the stock.
DeleteNicks ji, Thank you for your suggestion, in next edition of my book I surely add a new chapter about pledged stocks and make a youtube video for my followers,in short brief 10 to 20% pledged stocks is acceptable if you already buy a stock but for fresh buy pledged stock must be Nil or 1 to 10%
DeleteRegards