Month: October 2021

Multibagger Metal Stock: Adani Enterprises

The Adani Group is a multinational conglomerate based in Ahmedabad, India. Gautam Adani started it in 1988 as a commodity trading corporation, with Adani Enterprises Limited as its centerpiece. Only 5.04 percent of trading sessions in the last 16 years had intraday gains of more than 5%. The stock returned 1072.54 percent over three years, compared to 58.78 percent for the Nifty 100.

In the most recent quarter, the company generated a net profit after tax of Rs 196.78 crore. Adani Enterprises Ltd. has declared an equity dividend of Rs 1.00 per share in the last 12 months.

Market Cap (Rs. in Cr.): 170223.11

Earning Per Share: Rs. 6.43

Price To Earnings (P/E) Ratio: 240.79

Book Value Per Share: Rs. 35.33

Multibagger Metal Stock: Hindustan Copper

Central Public Sector Enterprise under India’s Ministry of Mines. Only 4.12 percent of trading sessions in the last 11 years had intraday gains of more than 5%. Annual sales growth of 104.95 percent surpassed the company’s three-year CAGR of 2.08 percent.

The stock returned 156.99 percent over three years, compared to 75.85 percent for the Nifty Midcap 100. Over a three-year period, Hindustan Copper gained 156.99 percent, while Nifty Metal provided investors a 59.83 percent gain. In the most recent quarter, the company generated a net profit after tax of Rs 45.63 crore.

Market Cap (Rs. in Cr.): 11546.27

Earning Per Share: Rs. 1.31

Price To Earnings Ratio: 91.30

Book Value Per Share: Rs. 6.97

Multibagger Metal Stock: Tata Steel

Tata Steel Limited, headquartered in Mumbai, Maharashtra, India, is an Indian multinational steel-making corporation centered in Jamshedpur, Jharkhand. The Tata Group owns the company.

The stock returned 133.13 percent over three years, compared to 58.78 percent for the Nifty 100. Over a three-year period, the stock returned 133.13 percent, while the Nifty Metal provided investors a 59.83 percent gain. In the most recent quarter, the company generated a net profit after tax of Rs 9,646.07 crore. Tata Steel Ltd. has issued an equity dividend of Rs 25.00 per share in the last 12 months.

Market Cap (Rs. in Cr.): 158931.72

Earning Per Share: Rs. 159.40

Price To Earnings Ratio: 8.28

Book Value Per Share: Rs. 658.30

Multibagger Metal Stocks: Steel Authority of India

Steel Authority of India (SAIL) Ltd., founded in 1973, is a Large Cap business in the Metals – Ferrous sector with a market cap of Rs 49,463.04 crore. Only 4.05 percent of trading sessions in the last 16 years had intraday gains of more than 5%. Annual sales growth of 11.83 percent surpassed the company’s three-year CAGR of 6.4 percent.

The stock returned 82.55 percent over three years, compared to 58.78 percent for the Nifty 100 index. In the last three-year period, the stock returned 82.55 percent, while the Nifty Metal provided investors a 59.83 percent return. In the most recent quarter, the company posted a net profit after tax of Rs 3,835.81 crore.

Market Cap (Rs. in Cr.): 49525.00

Earning Per Share: Rs. 21.72

Price To Earnings Ratio: 5.52

Book Value Per Share: Rs. 94.18

Multibagger Metal Stocks: National Aluminium

National Aluminium Business Ltd., founded in 1981, is a Mid Cap company in the Metals – Non-Ferrous sector with a market capitalization of Rs 19,229.53 crore. Only 3.83 percent of trading sessions in the last 16 years had intraday gains of more than 5%.

In the fiscal year ended March 31, 2021, the company generated a return on equity of 12.16 percent, surpassing its five-year average of 9.99 percent. The stock returned 61.37 percent over three years, compared to 75.85 percent for the Nifty Midcap 100. In the last three-year period, the stock delivered a 61.37 percent return, while the Nifty Metal provided investors a 59.83 percent return. In the most recent quarter, the company generated a net profit after tax of Rs 347.73 crore.

5 Multibagger Metal Stocks Doubled Share Holders’ Money In A Year

Disclaimer

Investors should note that investing in stocks is risky and neither the author, nor Greynium Information Technologies Pvt Ltd, nor the brokerage would be responsible for losses based on a decision from the above article. The above article is only for educational purposes.

Buy Tech Mahindra stock

Emkay Global sees an upside of nearly 24% on the stock of Tech Mahindra and has set a target price of Rs 1,700 on the stock, with a buy recommendation.

“We expect 4.2% QoQ growth in USD revenue with cross-currency headwinds of 50 basis points. We expect 3% growth in Communications and 5% growth in the Enterprise business. Expect EBIT margins to decline marginally by 10 basis points sequentially due to supply-side challenges. Key things to watch out for: 1) Communications and Enterprise business outlook, 2) update on 5G-related technology spending uptick, 3) performance of the BPO business, 4) FY22 revenue growth and margin outlook, 5) attrition, and 6) deal intake during the quarter, deal pipeline and deal closure momentum,” the brokerage has said.

Birlasoft Ltd

Emkay Global also sees an upside of approximate 24% on the stock of Birlasoft Ltd and has set a target price of Rs 500, as against the current market price of Rs 409.

“We expect 5.3% QoQ USD revenue growth after considering 20 basis points cross-currency headwinds. EBIT margins are expected to decline by 110 basis points due to wage hikes and supply-side challenges. We expect net profits to decline 6.4% sequentially. Key things to watch out for: 1) order wins during the quarter and deal pipeline, 2) outlook on revenue and margin trends through FY22, 3) outlook for key industries like Manufacturing, Life Sciences, BFSI, and E&U, 4) attrition and steps taken to manage supply-side challenges,” the brokerage has said in the IT report.

Route Mobile

The brokerage also has a buy call on the stock of Route Mobile with a price target of 19% on the stock to a target price of Rs 2,420.

We expect revenue to grow 14.9% QoQ on recovery in volume and benefits accruing from the rate increase in ILD messages. Recovery in revenue growth momentum and better realization to drive 130bps margin expansion sequentially. Key monitorables: 1) Impact on revenues and margins due to the price hikes on SMS charges for global companies by telcos, 2) traction in demand for new products, 3) update made on developer program, 4) RCS traffic monetization plan,” the brokerage has said.

Disclaimer

The investment ideas are picked from the brokerage report of Emkal Global. Investors should note that investing in stocks is risky and neither the author, nor Greynium Information Technologies Pvt Ltd, nor the brokerage would be responsible for losses based on a decision from the above article.