Showing posts with label Brokers' View. Show all posts
Showing posts with label Brokers' View. Show all posts

Last Updated: Monday, February 27, 2023

Top performing mutual funds in India

Top 5 Performing mutual funds in India

Mutual funds are an investment option that allows investors to pool their money together to invest in stocks, bonds, and other securities. Here are some of the top-performing mutual funds in India based on their historical returns:

Top performing mutual funds in India 2023. Mutual funds to buy now in INdia 2023

  1. Mirae Asset Large Cap Fund: This fund invests primarily in large-cap stocks and has consistently delivered strong returns over the years. It has a 5-year return of around 19.5% and a 10-year return of around 15.5%.

  2. Axis Bluechip Fund: This fund also invests in large-cap stocks and has a strong track record of performance. It has a 5-year return of around 18.5% and a 10-year return of around 14.5%.

  3. SBI Small Cap Fund: This fund invests in small-cap stocks and has delivered impressive returns over the years. It has a 5-year return of around 25% and a 10-year return of around 17%.

  4. HDFC Mid-Cap Opportunities Fund: This fund invests in mid-cap stocks and has a strong track record of performance. It has a 5-year return of around 22% and a 10-year return of around 14%.

  5. Kotak Standard Multicap Fund: This fund invests in a mix of large-cap, mid-cap, and small-cap stocks and has consistently delivered strong returns. It has a 5-year return of around 18% and a 10-year return of around 14%.

It is important to note that past performance is not a guarantee of future returns, and investors should carefully consider their investment goals and risk tolerance before investing in mutual funds. It is also advisable to seek the advice of a financial advisor before making any investment decisions.

Last Updated: Monday, August 2, 2021

Hindustan Oil (HOEC) is Ready to Fly

Hindustan Oil Set to Turn a Discovered Small Field (DSF-III) Success Story

HOEC is expected to start production from the block during the third quarter of the current financial year. The Company is seeing a ten-fold rise in the reserves based on the latest estimates.


At a time when the government is rolling out the red carpet for investors under the third round of Discovered Small Field (DSF-III) auctions, Chennai-based Hindustan Oil Exploration Company (HOEC) has claimed that based on the latest estimates, B80 block — that it won during the first round of DSF — has seen a tenfold rise in oil and gas reserves. The company is expected to start production from the block during the third quarter of the current financial year. With B80 in place, total production by the company is expected to increase from 2,300 barrels of oil equivalent per day (BOEPD) to 7,000 BOEPD.

The story of HOEC begins in 1983, when the great visionary, the Late Shri H.T. Parekh foresaw the need for a private stake in India's Oil & Gas sector. After over 3 decades, HOEC has now emerged as a fast growing independent E&P operator in India. HOEC now, through its operations, supplies 10,000 boe of products to the nation daily, across 4 of the 7 production basins in India. HOEC Ltd achieved it's success by adopting a low-cost rapid development model with a focus on local content, innovation and sustainable practices. HOEC aims to create long-term stakeholder value and ensures "grow responsibly".

Multiple keys to turn a Multibagger Stock

It is at a time when the majority of players, who won blocks under the DSF, are struggling to start production. A total of 54 contract areas were awarded in the first two rounds of DSF, out of which the DGH has received field development plans for 29 areas.

“We are seeing a multifold rise in the reserves based on the latest estimates. The pre-bid expected volume was around 1.8 million metric tonnne (MT) of oil and 0.25 million metric tonne of oil equivalent (MMTOE) gas. This has increased to 18.6 MT and 3.1 MMTOE now,” said P Elango, managing director (MD) of the company. 

According to the company, with the rise in estimates, the value of reserves also increased from $35 million pre-bid to $365 million now (at a price of $65 a barrel). The company is investing $40 million in the block for two wells, in addition to four wells already drilled by the Oil and Natural Gas Corporation (ONGC).

 “The reason for such increase is on account of post-development drilling, whereby HOEC revised the B80 three- dimensional geological model by applying all the data from the field, which include all the six wells,” he added. 

B80 block in the Arabian Sea, off the Mumbai coast, had its first discovery by ONGC in 1987. HOEC won the block in September 2017, when the government came out with small field auctions to attract new investors to the sector. These were small oil and gas discoveries made by public sector undertaking oil companies, ONGC and Oil India (OIL). But these state-run companies could not develop it due to various reasons, including unviability, small size and restrictive fiscal regimes. 

Though HOEC and Adbhoot Estates had equal stake in B80 initially, the Chennai-based company increased its stake to 60 per cent last year. The company had raised a Rs. 150-crore loan during that time for the acquisition and other project development works. The third round for which the government is scouting for investors includes 32 contract areas. 

These comprise 75 discoveries, spread over 9 sedimentary basins covering an area of about 13,685 square kilometres. These blocks are expected to have a potential of approximately 232 million tonne. The government is set to conduct roadshows at overseas destinations like Perth, Singapore, Houston and London as well as domestic locations like New Delhi, Mumbai and Gandhi Nagar, said sources.

HOEC: Highlights

Mkt Cap (Rs. Cr.)               2,234
Dividend Yield--

52 Week High173.40
52 Week Low60.35
TTM PE41.83
Sector PE12.93
Book Value Per Share55.44
Face Value10
HOEC-LTD-Multiple keys to turn a Multibagger Stock

  • Stock Price of HOEC is quoting at Rs. 150.90 at NSE on EOD 02-08-2021. 
  • Market Gurus believe that Hind Oil Exploration (HOEC) is still great buy after a decent rally in last week.
  • Backed by lowest cost evacuation of crude the stock is poised to trade outside its chart territory. 
  • Glorious margins coming. 
  • If crude don't fall below 50 dollars, stock price is possible to give multibagger return to its stockholders  in next two years.

Top Search keywords; HOEC;

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Disclaimer;  the above post is based on information available across internet, it is just a compilation of different reports. This post should be treated as an informational post only and it is not a buying call. Please consult your financial adviser before investing in the stock discussed in the post.

Last Updated: Monday, July 9, 2018

ICICI maintains BUY rating on the NCL Industries, Target 210

Buy NCL Industries for a target price of Rs 210

ICICI maintains BUY rating on the NCL Industries with a revised target price of Rs 210/share. They value the company on an SOTP basis. ICICI assigns EV/EBITDA multiple of 6.5x for the boards division on FY20E EBITDA while the cement business is valued at EV/tonne of US$50/t 

About NCL Industries

NCL Industries Limited is engaged in manufacturing cement. The Company offers ordinary Portland cement (OPC), Portland Pozzolana cement (PPC), OPC 53 S cement, and Plain and laminated Cement Bonded Particle Boards. The Company's segments are Cement, Boards, Prefab structures, Hydel Power and Ready-Mix Concrete (RMC). The Company's cement manufacturing units are located at Simhapuri in the state of Telangana and Kondapalli in the state of Andhra Pradesh. Its boards plants are located at Simhapuri in the state of Telangana and Bhothanwali Village in the state of Himachal Pradesh. Its RMC plants are located at Hyderabad in the state of Telangana and Visakhapatnam in the read more >>>

Fundamental Analysis of NCL Industries Ltd  find here>>>

Latest Shareholding pattern of NCL Industries Limited

Buy NCL Industries for a target price of Rs 210, ncl multibagger stock
Earlier recommendation by stock brokers;
Research Reports

Jul 06, 2018:   Buy NCL Industries; target of Rs 210: ICICI Direct
Dec 13, 2017: Buy NCL Industries; target of Rs 305: ICICI Direct
Mar 15, 2017: Buy NCL Industries; target of Rs 265: Dolat Capital
Feb 28, 2012:  Buy NCL Industries; target Rs 90: Auctus Capital
Dec 03, 2007: Buy NCL Ind; target of Rs 120: IL&FS Investsmart

Read also; Suzlon Energy~ A Multibagger in making | 2018

Searches related to NCL Industries Stock;
NCL Industries Small cap, NCL Industries wiki, NCL Industries multibagger, NCL Industries research share price, NCL Industries Debt, Rain industries share price, Nagarjuna cement share price, NCL Ind share price target, Hidden Gems, Best Cement stocks, Micro cap cement stocks,

Last Updated: Thursday, February 22, 2018

Chennai Petroleum: Buy This Multibagger Stock

chennai petroleum, multibagger share, latest multibagger stocks in india, NSE, BSE best stocks to buy now,

Stock Idea; Chennai Petroleum Corporation Limited (CPCL)

CMP:    352.35 INR (As on 22nd Feb, 2017)                                     Target price : INR 510*
Chennai Petroleum.
Chennai Petroleum is one of the best stocks in refineries sector trading at a very low PE. This is a buy for a number of other reasons. Chennai Petroleum is a company that is into crude oil refining.

About the company
Chennai Petroleum Corporation Limited (CPCL) is an Indian state-owned oil and gas corporation headquartered in Chennai, India. Formed as a joint venture between Government of India, AMOCO and National Iranian Oil Company (NIOC), it was formerly known as Madras Refineries Limited (MRL). Chennai Petroleum is a public sector undertaking (PSU) and categorized as Miniratna-I.

Product portfolio;
The main products of the Chennai Petroleum are;
  • LPG,
  • High Speed Diesel,
  • Motor Spirit,
  • Bitumen,
  • Lube Base Stocks,
  • Superior Kerosene,
  • Aviation Turbine Fuel,
  • Naphtha,
  • Paraffin Wax,
  • Hexane,
  • Petrochemical Feed Stocks and
  • Fuel Oil.

(In Rs Cr)
Total Share Capital
Net Worth
Total Debt
Net Block
Total Assets

MARKET CAP (RS CR):    5,427.08
EPS (TTM):             60.81
P/E :                        5.99
INDUSTRY P/E:          9.56
BOOK VALUE (RS):   222.53
PRICE/BOOK:            1.64
DIV (%):                      210.00%
DIV YIELD.(%):         5.76%
FACE VALUE (RS):   10.00

Why Chennai Petroleum is a multibagger stock?

Chennai Petroleum is a multibagger stock which has risen from Rs. 51.75 in October, 2013 to Rs. 480 in October, 2017 i.e. it delivered more than 800% profit in just 4 years. Chennai Petroleum witnessed a fantastic years even in 2017-18 and the same trend is expected to continue.
The company has already reported an EPS of Rs 50 in the last three quarters of FY 2017-18.  An another Rs 15 to 18 EPS is expected in the fourth quarter, if it is then the twelve month trailing  (TTM) EPS will come around Rs 65 to 68. Hence at a current price of Rs 353 the stock of Chennai Petroleum is trading around P/E multiple of 5 only and at this price valuation is mouth watering. 
Chennai Petroleum is one of the best stocks in refineries sector trading at a very low PE. This is a buy for a number of other reasons. Chennai Petroleum is a company that is into crude oil refining. As long as crude oil prices remain subdued there is a complete scope for the stock price to rally. The company has also known for excellent dividend yield track record it recently declared a stupendous dividend of Rs 21 per share accounting for a tax free dividend yield of Rs. 5.75 % at current share price of Rs 353. 

 On yearly chart the stock of Chennai petroleum is trading at Rs. 353 (as of 21th feb, 2018), it has support at Rs. 339 which is it’s 52 week low price too. On the top line it has made high of Rs. 480. Hence as a rule of thumb it is a buy at current price with a target of 475-480 (35% upside) with a stop loss of Rs. 335-340. Risk reward ratio is highly favorable in this stock.


Chennai Petroleum is a company that is in crude oil refining business and therefore heavily depended on crude prices.
Other factors related to Chennai Petroleum

Mutual Funds Holding (As of 20th Feb, 2018)
Aditya Birla Sun Life Bal. 95 Fund (G)
Aditya Birla Sun Life Pure Value Fund (G)
Aditya Birla Sun Life Small and Midcap Fund
Aditya Birla Sun Life Frontline Equity Fund

*Broker’s View;
KR Choksey in it's research report said that they expect Chennai Petroleum to fetch an EPS of INR 68.48 for FY18E, INR 107.05 for FY19E and INR 124.95 for FY20E. While at  CMP of INR 426, the stock is trading at 3.98x of its FY19E earnings and at 3.41x of its FY20E earnings. We recommend a BUY rating with a target price of INR 510. find detail report on chennai petro here here>>>

Last Updated: Tuesday, February 20, 2018

Suzlon Energy~ A Multibagger in making | 2018

Suzlon Energy a Multibagger in making, 2018_price_target_turnaround_stories_stock price_share marekt, nse bse broker's view
"No Shares are good but the price you enter makes it good" 
NSE: SUZLON - 20th Feb, 2018              Closing Price 13.00

 About Suzlon Energy Limited 
Suzlon Energy is the pioneer and leader in renewable energy solutions business. Suzlon is the market leader in India with global presence in Asia, Australia, Europe, Africa, North and South America. Over the past two decades, Suzlon has expanded and strengthened its presence in 19 countries. The group has 15 manufacturing plants in India and China as joint venture. With dynamic employs more than 8,000 employees, Suzlon is proud to promote a culture that respects and empowers the community as the most valuable assets of the company. Suzlon Energy is the market leader in India with more than 100 wind turbines with an installed capacity of over 10 GW distributed in 9 countries. Suzlon is credited with the development of a number of Asia's largest operational offshore wind farms in Gujarat, Rajasthan, Maharashtra and Tamil Nadu. These Kutch (Gujarat) and Jaisalmer (Rajasthan) from Suzlon wind farm to date have a cumulative installation of about 1,200 MW each. Suzlon diverse customer portfolio includes companies from a wide range of industries, including private and public companies, energy suppliers and independent power producers. To Know more about Suzlon Energy Limited and its product portfolio you may visit its official site here>>>

 Key numbers; (Standalone) 

  • MARKET CAP (RS CR): 9,596.60 
  • P/E: 44.42
  • BOOK VALUE (RS) : 1.23
  • DIV (%) : 0.00%
  • INDUSTRY P/E: 28.72
  • EPS (TTM) : 0.43
  • P/C : 25.13
  • PRICE/BOOK : 15.53
  • FACE VALUE (RS) : 2.00
*Source: moneycontrol as on 29-03-2017

Inception of a turnaround story.....The worst is over now

Last Updated: Thursday, June 1, 2017

Market at peak; Top 10 Mid cap & Small cap stocks that can return upto 50%

This year, the stock market witnessed a secular bulls race behind the steep inflows of foreign funds and the strong involvement of domestic investors, in a sense, that fueling various reform initiatives and plans for governments Promote economic growth inches.

To give perspective, the Sensex benchmark between May 16, 2014 and May 25, 2017, a huge 6.628 points, or 27.5 percent, rose when the index closed at a record level of 30,750.03.

Not just that, the broader markets, too, showed exemplary performance on the bourses with the BSE Small-cap Index zooming 88 percent and BSE Mid-cap Index spurting 83 percent during the period under review.

We have prepared a list of 10 small & mid cap stocks from different brokerage which investors can bet on every dip for a time horizon of 12 months:

Top 10 Mid cap & Small cap stocks recommendation by Broking Houses

Alkem Laboratories: CMP Rs. 1862*
BUY| Target Rs 2257

Angel Broking has given a price target of Rs. 2,257 with Buy rating. The broking house believes robust growth in domestic pharma business on back of its leadership in the acute therapeutic business. Not only domestic business but also this pharmaceutical company is all set to launch more products in the USA market.

Key Numbers:

  • MARKET CAP (RS CR) :22,313.22
  • EPS (TTM) : 67.89
  • P/E : 27.49 
  • INDUSTRY P/E : 25.26
  • BOOK VALUE (RS) : 292.95
  • DIV (%) : 635.00%
  • DIV YIELD.(%) : 0.68%
  • PRICE/BOOK :6.37
  • FACE VALUE (RS) : 2.00

Dewan Housing Finance:  CMP Rs. 411*
BUY| Target Rs 520| Return 28%

Angel Broking maintains a buy recommendation on Dewan Housing with a target price of Rs 520. Dewan Housing Finance (DHFL) has a focus on the low and medium income (LMI) consumer segment. It has increased its presence in tier-II & III cities where the growth opportunity is immense.
Dewan Housing Finance (DHFL) focuses on the Small to Medium Income segment (LMI). It has its presence in Tier II and III cities where growth opportunities are huge and increasing more and more. 

Standalone Numbers;
  • MARKET CAP (RS CR) : 12,889.34
  • P/E : 4.45
  • BOOK VALUE (RS) : 249.39
  • DIV (%) : 80.00%
  • INDUSTRY P/E : 25.33
  • EPS (TTM) : 92.49
  • PRICE/BOOK : 1.65
  • DIV YIELD.(%) : 1.94%
  • FACE VALUE (RS) : 10.00

Jagran PrakashanCMP Rs. 179*
BUY| Target Rs225| Return 23%
Angel Broking has given a 12-month price target of Rs 225 with buy rating on Jagran Prakashan. The economic recovery should have a positive impact on the growth in advertising and circulation. In addition, the acquisition of a radio business (Radio City) would also increase the company's revenue growth, said the report by Angel Broking.

CESC: CMP Rs. 895
BUY| Target Rs 910| Return 7%

Edelweiss has given a price target of Rs 910 and maintains a Buy rating on CESC. CESC recently has undermined it's operations in 4 different segments; manufacturing, distribution, retail and IT & mall.
While the participation of the new companies would be similar to CESC, the split is a relatively logical division and one that seems appropriate to investors. It retains the intrinsic value and offers potential shareholders a more specific investment / game and a certain value / multiple expansion.
"We believe that the restructuring of the business segments (split between generation, sales and retail) will reposition the CESC in a way that will focus on every business segment," the note said.

Standalone Numbers;
  • MARKET CAP (RS CR) : 11,901.63
  • P/E : 13.79
  • BOOK VALUE (RS) : 660.86
  • DIV (%) :100.00%
  • INDUSTRY P/E :15.27
  • EPS (TTM) :65.10
  • PRICE/BOOK :1.36
  • DIV YIELD.(%) : 1.11%
  • FACE VALUE (RS) : 10.00

Cholamandalam Invest & Finance (CIFC) : CMP Rs. 995*
 BUY| Target Rs 1140| Return 12%
Axis Securities has given a 12-month price target of Rs 1140 and maintains a buy rating Cholamandalam (CIFC). Cholamandalam Invest & Finance is now a Pan-India player with presence across 25 states via its over 700 branches and growing presence in Loan against property business (now 30% of AUM).

Standalone Numbers;
  • MARKET CAP (Rs. Cr.) :15,937.96
  • P/E : 22.18
  • BOOK VALUE (Rs.) : 280.03
  • DIV (%) : 45.00%
  • INDUSTRY P/E : 35.01
  • EPS (TTM) : 45.99
  • PRICE/BOOK :3.64
  • DIV YIELD.(%) : 0.44%
  • FACE VALUE (RS) :10.00

Brokerage House Prabhudas Lilladher's Top pics
Glenmark Pharma: CMP Rs. 611*
BUY| Target Rs 974| Return 45%
Prabhudas Lilladher  has given a 12 month price target of  Rs 974 with Buy rating and believes that the company's rating is severely affected by the post-strong performance of Q4 FY-17 and it trades at a PE of 17x and 13x FY18-E and FY19-E earnings. Prabhudas Lilladher believes that current rating underestimates US growth potential in core business and gradually reduces gross debt while it unnecessarily overestimates the number of risks associated with ROW. 
Indraprastha Gas Ltd (IGL) : CMP Rs. 984
BUY| Target Rs 1,149| Return 16%
It is expected that IGL will report healthy volume growth over the medium term supported by the constant conversion of private vehicles and taxis. The increase in legal activism in view of greater pollution will make CNG the preferred choice of fuel. Prabhudas Lilladher has given a 12 month price target of Rs 1149 with Buy rating.

Jindal Steel & Power Ltd: CMP Rs. 118*
BUY| Target Rs 180| Return 59%
Jindal Steel & Power Ltd trades at cheap valuations with P/B of 0.7x, EV/EBITDA of 6x and EV/T of US$710, the domestic brokerage firm Prabhudas Lilladher values the stock at Rs180 with an estimated growth of this steel business at 6.5x FY19 and power operations (2,400MW) at Rs45m/MW. Supported by a wealthy portfolio of value-added products in slabs, RUBM, Rebar, MLSM; JSPL is the best placed to take advantage of the demand from a turnkey oil refinery, windmill, railways, defense and construction industry.
JK Lakshmi Cement: CMP Rs. 475*
 BUY| Target Rs 625| Return 28%

JK Lakshmi cement a well-know brand in Indian cement sector and with a 7% market share in the region, it is the fifth largest cement producer in North India. Growth of JK Lakshmi cement is well poised as one of the most efficient operations. It has a strong entry into the most profitable eastern region with a capacity of 2.7mtpa along with increasing consolidation in Gujarat. JKLC is one of the top pick of Prabhudas Lilladher in cement sector with 12 month target price of Rs. 625 at EV/EBITDA of 12x FY19E.
Sadbhav Engineering (SEL): CMP Rs. 315*
BUY| Target Rs372| Return 17%
The stock is trading at core PE of 15.1X FY18E earnings. Prabhudas Lilladher continues to believe SEL will be the key beneficiary of strong outlook in road sector and improving outlook in Mining and Irrigation sector notwithstanding the current quarter's under-performance. A sound budget and strong management team give us more comfort. Real Estate Company expects the company to deliver a CAGR of 23 percent of FY16-18E earning law. Healthy balance sheet and strong management continue to give us additional comfort. The brokerage firm expects the company to deliver 23 percent earning CAGR over FY16-18E.
*All prices are derived from NSE as on 25/05/2017

 Top 10 Mid cap & Small cap stocks that can return up-to 50%
The views and investment tips expressed by investment experts on Money n Business are their own, and not that of the website or its management. Money n Business advises you to check with SEBI certified experts before taking any action.
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