Stock market news : 15 November 2020 full day news stock market

 The Sensex will hover between 44333 and 42555 in the new week

- Market risky phase: It is advisable to keep 50% cash on hand by easing the investment

- Nifty will fluctuate between 12999 and 12444

The Indian government was also forced to unveil the Self-Reliant India 3.0 stimulus package last week in a bid to get the global economy back on track with a new round of global outbreaks of the Corona epidemic. Incentives have been given to industries, including agriculture, but the Reserve Bank of India said the economy was in a historic technical recession and GDP growth was negative at 8.6% for the second consecutive quarter ending September 2020. The economy is down 24% from April to June. With these figures, India entered a technical recession for the first time in history in the first half of 2020-21, according to a report published by Navcast, a warning sign for the economy. This cannot be ignored by any means and this picture of the economy is also a warning sign for the Indian stock markets. The stock markets are currently witnessing a new historic boom in the steady influx of foreign funds, but the boom is now at a risky stage, and investors are advised to tie the knot.

RBI warns of recession: Market at risk: Need to ease

The RBI's warning signal for the economy is not to ignore the report of the economy entering a technical downturn. RBI figures show that operating profit has been boosted by cost-cutting measures despite declining sales by companies. Vehicle sales figures came in October with an increase in liquidity in banking. If this uptrend is maintained, the Indian economy will return to growth in the October-December quarter. However, with the risk of price pressures, there is an extremely large risk for global growth from the second wave of coronavirus outbreaks. According to the report, we are in a challenging time, the third biggest risk is the extraordinary stress on households and corporations, which has been pushed back, but has not gone away and this stress could spread to the financial sector. Because of this warning, the current boom in the Indian stock market is now at a risky stage, so it would be advisable for investors to ease their holdings and keep 50 percent cash on hand. Profit booking will be required at any time as the market is likely to be volatile. So next week the Sensex is likely to split between 44333 to 42555 and the Nifty 12999 to 12444 amid caution.

Dark Horse: Gillette India Ltd.

BSE (507815), NSE (GILLETTE) listed, Rs.10 paid-up, 40.12% of 75% promoter holding in Procter & Gamble Overseas India B.V. And 34.88% Gillette Diversified Operations P Ltd. GILLETTE INDIA LTD, a fully debt-free multinational GILLETTE INDIA LTD., Started in February 1984 as Indian Shaving Products Ltd. Gillette Company Inc. USA. And Poddar Group of India as a joint venture company. The company specializes in manufacturing and sales of branded packaged fast-moving consumer goods grooming and oral care businesses. The company has its own manufacturing facilities at Bhiwadi in Rajasthan and Badi in Himachal Pradesh, besides conducting third party manufacturing in various parts of the country. The company operates in two segments, namely personal grooming, and oral care. Personal grooming has blade razors and toiletries. While the oral care segment includes toothbrushes and oral care products.

In the year 1990-91, the company completed a capacity expansion for the manufacture of a 7'o clock eject twin-blade shaving system. In February 1993, the company launched Gillette Presto Radiushaver and launched Gillette Shaving Products in India. Along with this, the company introduced the internationally popular brand Oral B under the Toothbrushes Distribution Agreement. The company was renamed Gillette India Limited after merging with Duracell (India) and Wilkinson Sword India in January 2000. The company has introduced many products in the oral care segment in the following years, including the introduction of the Gillette Satin Care Series for Women. In October 2005, Procter & Gamble, USA Gillette became the largest consumer products company in the world when it was acquired by the USA. In India, Procter & Gamble operates as a separate company in the USA. The company operates under the Unique and Proven Global Business Unit Market Development Organization structure of P&G. Procter & Gamble U.S.A. The distribution agreement was terminated in February 2016 when it decided to sell its Duracell business globally.

The company's products include razors, trimmers, and blades, including ProGlide razors, fusion razors, body razors, disposable razors, replacement blades and trimmers, and pre-and post-shave products - shaving creams, and skincare.

Shareholding Parton:

Out of 75% promoter holding, 40.12% is Procter & Gamble Overseas India B.V. And 34.88% Gillette Diversified Operations P Ltd. Aditya Biral Sunlife Trustee Pvt Ltd holds 4.38% out of 4.64% of mutual funds, Foreign Portfolio Investors has 1.97%, Life Insurance Corporation of India has 5.22%, Adventz Finance Limited Limited has 3.22%. Holdings 1.28% and thus the public has only 5.54% holding of individual share capital up to Rs. 2 lakhs.

Dividends:

200% in 2016, 1640% in 2017, 230% in 2018, 440% in 2019, 490% in 2020

Book value:

Rs.263.25 in June 2016, Rs.153.63 in June 2017, Rs.213.04 in June 2018, Rs.237.33 in June 2019, Rs.277.51 in June 2020, Rs.383 in June 2021 expected

Financial results:

Gillette India Limited having a financial year ending June ...

(1) Full year July 2019 to June 2020:

Net income rose to Rs.1679.65 crore from Rs.1861.65 crore and net profit through 13.62% NPM fell to Rs.230.18 crore from Rs.252.92 crore to Rs.70.63 per share.

(2) First quarter July 2020 to September 2020:

Net profit rose 11.73% to Rs 516.60 crore from Rs 462.20 crore. Through productivity and one-time support, the company posted a net profit of 18.33% NPM, up 61% from Rs 61.73 crore to Rs 95.25 crore, quarterly earnings per share rose to Rs 18.95 Achieved .29.24.

(3) Expected full-year July 2020 to June 2021:

Expected net income rose 14% to Rs 1927 crore and NPM 25.39% to a net profit of Rs 337 crore and full-year earnings per share of Rs 103.40.

(4) Valuation: B:

The company is generally getting a P / E of 75 against the average P / E of 70 in the personal care industry, which could raise the price to Rs 72,380 even if the company is given an average P / E of the industry. Considering the market situation, Valuation Single B. J shares are currently available for Rs. 5592.65 with a P / EA of 54.08.

• Procter & Gamble Overseas India B.V. And 34.88% Gillette Diversified Operations P Ltd. Having
• Issued 1: 1 share bonus in the year 1989
• Complete debt-debt free with reserves of Rs.871.69 crore
• In the first quarter from July 2020 to September 2020, net profit increased by 54.29% to Rs.95.29 crore and quarterly earnings per share increased from Rs.18.95 to Rs.29.24.
• Expected full-year July 2020 to June 2021 net profit of Rs. 337 crore, expected full-year earnings per share of Rs. 103.40 and expected book value of Rs. 383 against the stock now at Rs. No P / EA is available.

Out of the 32 recommendations made as Dark Horse, 12 scrips recommended booking a profit by selling 75% of the shares purchased.

Of the 32 Scripps recommendations made as Dark Horse, it is now recommended to book a profit by selling 75% of the number of shares bought in 12 Scrippo-shares here. In these 12 scrips ...

(1) Dynamic Products Ltd.

(2) Explio Solutions Ltd.

(3) Global Spirit Ltd.

(4) HDFC Life Insurance

(5) Indo National

(6) Josh Industries

(7) Mazda Ltd.

(8) Nuclear Software Ltd.

(9) SBI Life Insurance Ltd.

(10) Sahyadri Industries Ltd.

(11) Triton Valves Ltd.

(12) Vishaka Industries Ltd.

Manoj Shah: Research Analyst (SEBI REG. NO. INH000000107)

The author is a SEBI Registered Research Analyst: Disclosure cum (readers should take special note)

 Warning: 

(1) The author has no investment in the shares of the above companies. 

(2) Our resources for researchers such as broking house, promoter views, personal research analysts, portfolio management, or their team may be of direct or indirect interest. 

(3) Maintaining a 20% stop loss from the Reachers price, in particular, is advice and warning. 

(4) Valuation H, BB, BBB, Top Gainers These are all possibilities, so don’t invest temptingly. 

(5) Usually, 6 out of every 10 scrips are true and 4-4 scrips are false. 

(6) Feedback E-mail: All the above points also apply to the answers given in arjuneyems@gmail.com. 

(7) Reader class, investor class to take their own personal decision at personal risk. The writer, editor, and anyone else of Gujarat Samachar will not be responsible for your loss. So invest by recognizing the risk of the stock market.