Back to back delivery %of above 74% gives confidence that after accumulation this is going to fly like mangalam drugs. happy investing
Monday, 30 November 2015
GST Will Change the Face of Indian Economy
How GST Will Change the Face of Indian Economy ?
Indian truck drivers clock an average of 280 km per day, much below the world average of 400 km per day and far below the 700 km the average truck driver in the US does every day. The underperformance of Indian truckers has less to do with bad roads and less fancy trucks and more about prevailing archaic laws. Truck drivers in India spend 60 per cent of their time off roads negotiating check posts and toll plazas, which has also found that there are 650-odd check posts in the country and 11 categories of taxes on the road transport sector.
Since road traffic accounts for 60 per cent of freight traffic in India, the slow movement of trucks across states leads to productivity loss. According to experts if the distance covered goes up by 20 per cent per day, Indian truck productivity would improve by 12 per cent. Higher productivity would cut the need for buffer stocks; reduce the loss of perishable goods, cut down the need for many warehouses, etc.
Analysts say the implementation of the goods and services tax (GST) could provide the kind of productivity boost illustrated above.
1) Unified market: The GST will cut down the large number of taxes imposed by the central government (eg. central VAT or excise duty, services tax, central sales tax on inter-state sales, etc.) and states (VAT on sales, entertainment tax, luxury tax and octroi and entry taxes levied by municipalities). This will lead to the creation of a unified market, which would facilitate seamless movement of goods across states and reduce the transaction cost of businesses.
2) Lower incentive to evade tax: Currently, companies have to pay taxes on entire underlying value of the product/service, but under GST, companies in a chain will have to pay tax only on the value-addition. So, the actual tax paid will likely be small and reduce the incentive for evasion.
3) Widen tax base: GST will give credits for all taxes paid earlier in the goods/services chain incentivising tax-paying firms to source inputs from other registered dealers. This will bring in additional revenues to the government as the unorganised sector, which is not part of the value chain, would be drawn into the tax net. Besides, states will be allowed to tax services (as opposed to only the central government) under the GST.
According to the National Council of Applied Economic Research, government's tax revenue will increase by about 0.2 per cent because of GST implementation, while GDP growth could go up by 0.9-1.7 per cent. Exports will also get a boost as they are zero-rated for taxes and also because the fall in cost of manufactured goods and services under GST will increase the competitiveness of Indian goods and services in the international market.
Indian truck drivers clock an average of 280 km per day, much below the world average of 400 km per day and far below the 700 km the average truck driver in the US does every day. The underperformance of Indian truckers has less to do with bad roads and less fancy trucks and more about prevailing archaic laws. Truck drivers in India spend 60 per cent of their time off roads negotiating check posts and toll plazas, which has also found that there are 650-odd check posts in the country and 11 categories of taxes on the road transport sector.
Since road traffic accounts for 60 per cent of freight traffic in India, the slow movement of trucks across states leads to productivity loss. According to experts if the distance covered goes up by 20 per cent per day, Indian truck productivity would improve by 12 per cent. Higher productivity would cut the need for buffer stocks; reduce the loss of perishable goods, cut down the need for many warehouses, etc.
Analysts say the implementation of the goods and services tax (GST) could provide the kind of productivity boost illustrated above.
1) Unified market: The GST will cut down the large number of taxes imposed by the central government (eg. central VAT or excise duty, services tax, central sales tax on inter-state sales, etc.) and states (VAT on sales, entertainment tax, luxury tax and octroi and entry taxes levied by municipalities). This will lead to the creation of a unified market, which would facilitate seamless movement of goods across states and reduce the transaction cost of businesses.
2) Lower incentive to evade tax: Currently, companies have to pay taxes on entire underlying value of the product/service, but under GST, companies in a chain will have to pay tax only on the value-addition. So, the actual tax paid will likely be small and reduce the incentive for evasion.
3) Widen tax base: GST will give credits for all taxes paid earlier in the goods/services chain incentivising tax-paying firms to source inputs from other registered dealers. This will bring in additional revenues to the government as the unorganised sector, which is not part of the value chain, would be drawn into the tax net. Besides, states will be allowed to tax services (as opposed to only the central government) under the GST.
According to the National Council of Applied Economic Research, government's tax revenue will increase by about 0.2 per cent because of GST implementation, while GDP growth could go up by 0.9-1.7 per cent. Exports will also get a boost as they are zero-rated for taxes and also because the fall in cost of manufactured goods and services under GST will increase the competitiveness of Indian goods and services in the international market.
Sunday, 29 November 2015
TIME TO BUY -GUJRAT THEMISE
Buy buy guj themis to multiple your money
NOW THE RIGHT TIME TO ADD IN YOUR PORTFOLIO
Guj Themis, besides being an excellent fundamental high conviction pick for the medium-long term as a hefty multibagger.... short-term investors too can hv a look at it.... though this company too falls under the BSE regulation, thr is significant headroom for upside since its in 20% daily ckt limit... even if BSE revises the daily limit to 10%, still the stock can appreciate considerably....
Sending out a STRONG BUY signal @ CMP, and at all dips if any... :)
NOW THE RIGHT TIME TO ADD IN YOUR PORTFOLIO
Guj Themis, besides being an excellent fundamental high conviction pick for the medium-long term as a hefty multibagger.... short-term investors too can hv a look at it.... though this company too falls under the BSE regulation, thr is significant headroom for upside since its in 20% daily ckt limit... even if BSE revises the daily limit to 10%, still the stock can appreciate considerably....
Sending out a STRONG BUY signal @ CMP, and at all dips if any... :)
DEAR FRIENDS ANOTHER ONE STOCK-NITESH ESTATES- WILL BE A MULTIBAGGER ...
There is very less risk at buying at this level. It may come down by 1 Rs. more. But uptrend is unlimited.I have already bought in large quantity. Will buy more if it comes down.
I was talking to a real estate friend in California and he said Nitesh Estates is rated as the top picks in the Real Estate Space in India. Foreigners are increasing their investments in Nitesh Estates "RESIDENTIAL" & "COMMERCIAL" projects spread over India and soon establish entrepreneurs hubs in the next 5 years to practise their profession. India is a "SAFE HAVEN" for people all over the world as the country has withstood many wars and spiritually strong.Investing in Nitesh Estates upto Rs.25/- is a good bet. The stock has all the right things to move ahead and value for your money. Lazy people will benefit the most by investing in this stock. Will be rated by CRISIL and CARE as the best Real Estate Stock for 2016-17.Nothing is certain in stock market. In this case 20 is extremely important. Once 20 is taken clearly, sky is the limit. For that to happen, management has to show something solid in the book.With so much of hype, backed by quality management and booster investment from abroad, expectations are very high. Time will come; one has to be patient.This is a stock worth betting on. Cheers!!!!!
FINANCIALS
Rs in Cr.
Key Ratios Mar 2015 Mar 2014 Mar 2013 Mar 2012 Mar 2011 Debt-Equity Ratio 1.15 0.94 0.50 0.22 0.17 Long Term Debt-Equity Ratio 0.11 0.11 0.05 0.08 0.13 Current Ratio 0.80 0.79 0.88 1.49 2.44 Turnover Ratios Fixed Assets 11.53 14.05 4.07 8.55 16.57 Inventory 0.98 0.88 0.37 1.35 1.99 Debtors 5.39 4.95 1.39 2.16 2.10 Interest Cover Ratio 2.32 1.99 -0.57 1.68 3.67 PBIDTM (%) 24.24 20.43 -51.50 11.37 17.82 PBITM (%) 23.78 19.85 -53.66 10.45 17.37 PBDTM (%) 14.01 10.44 -144.85 5.15 13.08 CPM (%) 11.22 8.49 -152.54 3.03 10.27 APATM (%) 10.75 7.91 -154.70 2.12 9.82 ROCE (%) 8.05 8.44 0.00 2.13 3.97 RONW (%) 6.75 6.01 0.00 0.53 2.63
Display Name No of Shares % Share of Holding Demat Shares Share Holders Total Foreign (Promoter and Group) 0 0.00 0 0 Bodies Corporate-Indian (Promoter and Group) 2,47,90,780 17.00 2,47,90,780 3 Individuals / Hindu Undivided Family-Indian (Promoter and Group) 4,31,45,195 29.59 4,31,45,195 4 Indian (Promoter and Group) 6,79,35,975 46.59 6,79,35,975 7 Total of Promoter 6,79,35,975 46.59 6,79,35,975 7 Financial Institutions / Banks 1,09,06,663 7.48 1,09,06,663 3 Foreign Institutional Investors 2,54,03,485 17.42 2,54,03,485 4 Non Promoter (Institution) 3,63,10,148 24.90 3,63,10,148 7 Bodies Corporate 1,18,79,104 8.15 1,18,79,104 391 Clearing Members 2,23,675 0.15 2,23,675 46 Directors and their Relatives 4,70,229 0.32 4,70,228 6 NRIs/Foreign Individuals/Foreign Nationals 8,43,557 0.58 8,43,557 159 Individuals holding nominal share capital in excess of Rs. 1 lakh 1,56,81,308 10.75 1,56,81,308 365 Individuals holding nominal share capital up to Rs. 1 lakh 1,24,88,104 8.56 1,24,87,097 15,470 Non Promoter (Non-Institution) 4,15,85,977 28.52 4,15,84,969 16,437 Total Non Promoter 7,78,96,125 53.41 7,78,95,117 16,444 Total Promoter and Non Promoter 14,58,32,100 100.00 14,58,31,092 16,451 Custodians(Against Depository Receipts) 0 0.00 0 0 Grand Total 14,58,32,100 100.00 14,58,31,092 16,451
GST is going to benefit HCL info, may cross 100/-, i hope!
kopran is checking support of 67.5 ..so it wont fall below it...or minimum we can see is 65.5...sothose who want to enter can buy at this range...and dont buy for intraday or 1-2days..also dont hear boarders giving intraday calls.next upmove will take kopran to80-82 level regards..if you are a long term investor please hold,within 1 months will reach 80 to 85 and after Q 3 Result will move above 90 levelsWell I think it has poised to touch 150, but in mid term.People hoping for short term returns can satisfy themselves for 75 in 2 weeks minimum
GUJARAT THEMIS BIOSYN LTD, WILL GIVE YOU HANDSOME RETURN..
YOU SEE THE Share Holding Pattern AND OTHER IMPORTANT THINGS OF COMPANY....India’s first company to start commercial production of Anti-tuberculosis drug RifampicinGujarat Themis Biosyn Limited was incorporated in 1981 as a joint sector company with GIIC Ltd. and Chemosyn (P) Ltd. It commenced production in August 1985. It was subsequently taken over in June 1991 by Yuhan Group, South Korea and Pharmaceutical Business Group (India) Ltd. (PBG); a unique consortium of five competing drug companies - Themis Medicare Ltd., Kopran Ltd., Anant & Co., Cadila Health Care Ltd. (Zydus) and Lyka Labs Ltd. It is being actively managed by Themis Medicare Ltd. (JV company of Gedeon Richter Ltd, Hungary) since 2007.
Group Companies Pharmaceutical Business Group (India) Ltd. Themis Medicare Limited Yuhan Corporation, South Korea – (JV)
Display Name No of Shares % Share of Holding Demat Shares Share Holders Foreign (Promoter and Group) - Bodies Corporate 38,50,000 26.50 38,50,000 1 Total Foreign (Promoter and Group) 38,50,000 26.50 38,50,000 1 Bodies Corporate-Indian (Promoter and Group) 69,51,605 47.85 69,51,605 2 Individuals / Hindu Undivided Family-Indian (Promoter and Group) 94,140 0.65 94,139 6 Indian (Promoter and Group) 70,45,745 48.50 70,45,744 8 Total of Promoter 1,08,95,745 74.99 1,08,95,744 9 Financial Institutions / Banks 2,100 0.01 0 2 Mutual Funds / UTI 2,800 0.02 0 2 Non Promoter (Institution) 4,900 0.03 0 4 Bodies Corporate 2,31,651 1.59 2,19,151 125 Clearing Members 54,570 0.38 54,570 41 NRIs/Foreign Individuals/Foreign Nationals 1,20,570 0.83 84,770 241 Hindu Undivided Families 1,45,591 1.00 1,45,591 93 Individuals holding nominal share capital in excess of Rs. 1 lakh 9,88,449 6.80 9,88,449 21 Individuals holding nominal share capital up to Rs. 1 lakh 20,67,026 14.23 17,69,269 6,083 Trust and Foundation 20,200 0.14 20,150 4 Non Promoter (Non-Institution) 36,28,057 24.97 32,81,950 6,608 Total Non Promoter 36,32,957 25.01 32,81,950 6,612 Total Promoter and Non Promoter 1,45,28,702 100.00 1,41,77,694 6,621 Custodians(Against Depository Receipts) 0 0.00 0 0 Grand Total 1,45,28,702 100.00 1,41,77,694 6,621
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