NOTE : I only give tips on those stocks on which I have done extensive research and currently hold in my portfolio . All Stocks recommended are from a long term perspective ( minimum of 6 months to 3 years )
MARKET THIS WEEK -. Sensex and Nifty both will be range bound , having gained quite this week.I don't think Nifty will cross 10k and even it momentarily crosses , can't hold till next Friday.
Having said , look out for Stock specific stories and turnaround stories.
DCB BANK , PRAJ INDUSTRIES , PARABOLIC DRUGS, TATA STEEL , LT FOODS will be good to watch and aquire.
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Indian Aqua-sector has continuously given very high returns . There are only 2 Major Players – AVANTI FEED & WATERBASE .
While Avanti Feed is a very good stock but as per current valuation its quite over-priced. Whereas if you look at WATERBASE, It’s a Facevalue INR 10 share ( Avanti’s facevalue is INR 2 ) at a valuation of INR 102 which is extremely cheap .WATERBASE has given return close to 50 % in 5 years shows how good a stock it is to hold .
The Waterbase Limited, manufacturer of high quality shrimp feed, has set up hatcheries last year july ( july, 16) in Nellore, Andhra Pradesh, at an investment of ₹20 crore. It will be operational by the end of March 2017.
The hatchery can produce 500 million post-larvae or seeds per annum and it will be sold to farmers for growth and harvesting.
So, this profit will be added to Q1 2017 .
#WATERBASE
When comparing 2 Good share of same domain , apart from EPS, EBITA , debt , one MAJOR Thing is looking at FACE VALUE .Example : Let's take 2 good Typre stock , CEAT & APOLLO TYPRES , now APOLLO has a face value of INR 1 , While CEAT is of INR 10 . So ,means that CEAT has huge potential to Split the stock multiple times and increase it's Share value .
