EQUITY WEEKLY REPORT Monday, September 15, 2014 Market reverses three-day fall : BUSINESS NEWS NASDAQ 12-Sep-14 (21:01) Govt announces repurchase of Rs 20000 crore of G-secs 12-Sep-14 (18:52) Industrial production growth eases to 0.5% in July 2014 4567.60 12-Sep-14 (20:48) CPI inflation eases to 7.8% in August 2014 12-Sep-14 (18:17) Kharif Sowing Crosses 999 Lakh Hectare Mark as on 12 September, 2014 S&P 500 -15.30 1985.54 -22.17 INVESTMENT IDEAS DJIA Orient bank - Buy abv 290, Stoploss 280, Target 306. 16987.51 -149.85 Rolta - Buy abv 118, Stoploss 115, Target 122. OFSS- Buy abv 3970, Stoploss 3940, Target 4020. HANG SENG 24595.32 -644.83 WEEKLY MARKETS SENSEX NIFTY 27061.04 8105.50 +34.34 +18.65 +0.13 +0.23 RESULT UPDATES 13-Sep-14 (09:49) Alang Industrial Gases reports standalone nil net profit/los www.danisecurities.com 13-Sep-14 (09:49) N D Metal Industries reports standalone net loss of Rs 0.11 13-Sep-14 (09:49) Venkat Pharma reports standalone net loss of Rs 0.01 crore i Page 1 BSE GAINERS COMPANY NEWS COMPANY Tara Jewels receives certification from Responsible Jewellery Council (RJC), London : Tara Jewels announced that it has achieved the certification from Responsible Jewellery Council (RJC), London for meeting the highest ethical, social and environmental standards established by the RJC. CLOSE %CHG. Volume CIPLA BHARTIARTL 612.55 +8.72 593805 413.15 +2.47 501695 SBIN 2,625.60 +2.39 160097 SSLT 290.50 +2.36 420813 GAIL 462.55 +1.92 69549 BSE LOSERS COMPANY CLOSE %CHG. Volume SUNPHARMA 805.90 -6.95 788449 ONGC 429.15 -5.64 297028 COALINDIA 357.95 -4.42 261447 HINDALCO 168.60 -2.88 558880 1,578.85 -2.88 134383 LT NSE GAINERS COMPANY CLOSE %CHG. Volume CIPLA 612.75 +8.75 4515925 BANKBARODA 944.60 +6.11 1275104 PNB 984.35 +4.09 IDFC 148.95 +4.09 7407033 BHARTIARTL 414.00 +2.54 4162710 Impex Ferro Tech to restructure credit facilities : Impex Ferro Tech announced that, considering the losses incurred by the Company since the Quarter ended September, 2013 due to increase in the cost of inputs, high finance costs and cash flow constraints, the Board of Directors of the Company have considered it appropriate to proceed for restructuring of its debts through Corporate Debt Restructuring Process. TRF receives order from Bhel : TRF announced the receipt of order worth Rs. 353.67 crore from BHEL, Bangalore for Design, Engineering, Manufacturing, Supply, Erection and Commissioning for Conveying and Crushing System with associated equipment for ore, flux, coal & coke handing system of 3.0 MTPY integrated Steel Plant of NMDC, Nagarnar, Chhatisgarh. Edelweiss Financial Services gets ratings assigned for proposed NCD issue : Edelweiss Financial Services announced that Credit Analysis & Research Limited, vide their letter dated 12 September 2014, has assigned the rating of 'CARE AA' (Double A) to the proposed issue of Non-Convertible Debentures of Rs. 500 crore of the Company. Trident wins TEXPROCIL Silver Trophy : Trident announced that the Company has been awarded the prestigious TEXPROCIL Silver Trophy for the second highest exports of Terry Towels in made ups in financial year 2013-14. This is the 9th consecutive year that Trident has been honoured by The Cotton Textiles Export Promotion Council (TEXPROCIL) in Mumbai on 12 September 2014. 910141 NSE LOSERS COMPANY CLOSE %CHG. Volume JINDALSTEL 236.15 -14.16 1803152 DLF 176.15 -9.34 4108592 1,050.30 -8.20 1810713 HINDALCO 168.60 -6.36 6512210 TATASTEEL 515.95 -3.47 4400187 HDFC www.danisecurities.com Page 2 INVESTMENTS FII INVESTMENT 14-SEP RS. CR. FII Investment 0.00 MF Investment 1,154.60 MARKET TURNOVER Cash(INR cr) F&O(INR cr) Latest Avg. MTD Avg. YTD 21,001.64 20,691.61 21,376.11 164,655.83 155,467.11 195,722.68 Latest Avg. MTD Avg. YTD CBOE VIX 13.31 12.72 12.80 NSE VIX 12.37 12.98 19.59 MARKET VOLATILITY www.danisecurities.com MF INVESTMENT Page 3 WEEK AHEAD SECTORAL INDICES Crude oil prices, Fed's policy decision to decide trend on the bourses : BSE 12-SEP %CHG. BSE_500 10,431.17 +1.06 BSE_CD 9,702.76 +0.45 BSE_CG 15,375.04 -0.30 7,493.01 +1.82 BSE_HC 13,797.13 +0.27 BSE_IT 10,338.63 -0.64 BSE_PSU 8,290.66 -0.08 BSE_TECK 5,792.26 0.00 BSEAUTO 17,928.39 +2.02 BSEBANKEX 18,607.01 +1.69 State run oil marketing companies (PSU OMCs) will be in focus as PSU OMCs will review fuel prices on 16 September 2014 based on the average imported oil price in the previous fortnight. PSU OMCs review fuel prices on 1st and 16th of every month based on the average imported oil price in the previous fortnight. BSEMETAL 12,523.78 -0.08 BSEOIL 11,361.16 -0.83 BSEPOWER 2,088.44 +0.22 Brent crude oil prices have seen a sharp downtrend in recent days. The movement of crude oil prices has huge impact on India's fiscal and current account situation and also on its fuel price inflation. India imports 80% of its crude oil requirement. BSEREALTY 1,757.69 -0.44 12-SEP %CHG. 16,254.15 +1.70 CNX100 8,066.50 +0.40 CNX500 6,572.70 +1.08 CNXAUTO 8,009.80 +2.62 CNXENERY 9,757.25 -1.19 CNXFMCG 19,472.50 +1.62 3,219.30 -0.09 10,958.50 -0.61 1,954.35 +1.14 CNXMETAL 3,158.50 +0.22 CNXMIDCAP 11,916.30 +3.01 8,500.35 +2.45 10,353.10 -0.30 Trend in investment by foreign portfolio investors (FPIs), trend in global markets, trend in other global emerging markets, the movement of rupee against the dollar and crude oil price movements will dictate near term trend on the domestic bourses. The Federal Reserve's monetary policy review is the major near term event for global markets. Advance tax payment by India Inc on Monday, 15 September 2014 will provide clues about Q2 September 2014 corporate earnings. Advance taxes are collected in four installments -- 15% by 15 June; 40% by 15 September; 75% by 15 December and 100% by 15 March. The government will release the inflation data based on the Wholesale Price Index (WPI) for August 2014 at 12 noon on Monday, 15 September 2014. The annual rate of inflation based on the monthly Wholesale Price Index (WPI) is seen decelerating to 4.43% in August 2014, from 5.19% in July 2014, as per the median estimate of a poll of economists carried out by Capital Market. Zee Entertainment Enterprises replaces United Spirits as a constituent in the NSE's 50-unit CNX Nifty Index on Friday, 19 September 2014. Shemaroo Entertainment is coming out with an initial public offering (IPO) amounting to Rs 120 crore at a price band of Rs 155 to Rs 170 per share of face value Rs 10 each. The issue will open for subscription on Tuesday, 16 September 2014 and will close on Thursday, 18 September 2014. A discount of 10% to the issue price is being offered to retail individual bidders. As monsoon approaches its retrieval, cumulative rainfall during this year's monsoon has so far up to 3 September 2014 been 15% below the Long Period Average (LPA), improving from 18% below LPA till 29 August 2014. India's farming sector accounts for around 14% of the economy, but two-thirds of the nation's 1.2 billion people depend on farming for a livelihood and more than half of its arable land needs the summer rains. BSE_FMCG NSE BANKNIFTY CNXINFRAST CNXIT CNXMEDIA CNXMNC CNXPHARMA CNXPSE 3,667.80 -1.25 CNXPSUBANK 3,714.05 +4.93 12.37 -4.40 8,105.50 +0.23 17,609.60 +1.40 3,360.65 +2.83 INDIAVIX NIFTY NIFTYJR NIFTYMID50 www.danisecurities.com Page 4 BONUS ISSUE Company Ratio Record Date Ex Date Lypsa Gems 1:2 30-Sep-2014 29-Sep-2014 Shilpi Cable 1:1 17-Sep-2014 16-Sep-2014 JMT Auto 5:2 31-Jul-2014 30-Jul-2014 DIVIDEND DETAILS Company Name Dividend Date Record Date Dividend % Aditya Bir.Chem. 22-Sep-2014 24-Sep-2014 15 Interim / Final / Dividend Final Ruchi Soya Inds. 22-Sep-2014 24-Sep-2014 8 Final Sakthi Finance 22-Sep-2014 24-Sep-2014 10 Final Ruchi Infrastr. 22-Sep-2014 24-Sep-2014 6 Final Binani Inds 22-Sep-2014 24-Sep-2014 30 Final BSE Date NSE Date FV Before FV After Southern Ispat 24-Sep-2014 24-Sep-2014 10 1 Panama Petrochem 22-Sep-2014 22-Sep-2014 10 2 Vertex Spinning 22-Sep-2014 22-Sep-2014 1 10 SPLIT OF FACE VALUE Company Name BSE ANNOUNCEMENT Hindusthan Safe Hindusthan Safety Glass Industries announced that the 32nd Annual General Meeting (AGM) of the company will be held on 29 September 2014. NSE ANNOUNCEMENT INDIABULL INFRA POWER LTD Saurabh Kumar Mittal has submitted to the Exchange, vide letter dated September 05, 2014 a copy of disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. www.danisecurities.com Page 5 Disclaimer Dani Team Designation Email -id Kaushal Jaini Head- Research and Wealth Management [email protected] Manish Kumar AVP- Derivative Research [email protected] Namita Lohia Sr. Equity Analyst [email protected] Pinky Chandnani Research Associate [email protected] Archana More Research Support [email protected] This report is distributed for information purpose only. The information in this report does not constitute an offer to sell or solicitation of an offer to buy any of the securities mentioned in the report. The readers may note that neither Dani Shares & Stocks Pvt. Ltd (DSSL) nor its analysts or employees take any responsibility, financial or otherwise, due to any transaction undertaken or any action based on the information contained herein. DSSL reserves the right to make modifications and alterations to this statement as may be required from time to time. www.danisecurities.com Page 6