2 Min Weekly Wrap- May 2nd Week

👉Vijaya Bank Reported marginal 1.14% growth in revenues for FY2018 with decrease in PAT of 9.87 % .Full year profits at Rs 727 Crs Vs Rs 750 Crs. Good numbers compared with other PSU Banks

👉Solar Inds reported FY18 EPS of 25.80 vs 20.50 for FY17. stocks trading at 1064 can be good to add on dips for long term.

👉Akzo Noble India Reported good Number for Fy18. Fy18 Eps is 85. Stock is trading at only 22.5 Times which is cheap compared to Industry.Stock can see 2500+ Levels in 12 To 15 months.

👉Nestle India Suggest in our short term master blaster on 10th May @ 8981 Touched 9600 can even touch 11500 Levels in next 3 to 6 months on Company reported good numbers.

👉Jindal Steel & Power Reported Adj PAT 5 cr vs -25.5 cr.Share is Trading at P/E of 22.5 Times FY19 Earning.Stock can be accumulated on dips for long term with better days coming.

👉PC Jewellers has approved 10% Buy back @ 350. Stay cautious Vakrangee also went up after buy back & than sink again.

👉Bharat Bijlee Reported 600% jump in Net profits to 49cr (FY18 YoY) Revenues we’re down 2% at 223 cr. Positive for Company.

👉 HEG LTD Reported Good Q4 Numbers.Ebitda Margin was up 73.6% QoQ & 11.6% YoY.PAT Up 85% 634 cr vs 342 cr( QoQ).Share is Trading at FY19 PE Of 10.5.Accmulate On Dips for medium to long term for good returns.FY18 consolidated EPS is 275.

👉Automotive Axles Ltd Reported good numbers.Fy18 Eps 55.50 Vs Fy17 Eps 32.70.Stock Trading at PE Of 28.75.

👉Federal Banks Reported 43% Drop in Net profits in Q4 FY18 Coz Of provision for Bad Loan.Add on dips around 75-78 zone for long term.

👉Datamatic one of our Investment pick can Report good numbers for FY18.

👉Gujarat Intrux Ltd Reported 3.43 cr profits for FY18 vs 74 lacs profits for FY17. FY18 Eps increases to 10 from 2.27 last year. Stock can Report good results for next year too. stock trading @ 107 can even double from here in next 12 to 18 months.

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