[www.niftyviews.com:23461] Fwd: HDFC Posts Slowest EPS Growth In 5 Years, And That Too Propped Up By Dividend and more, at Capital Mind

[Rajiv Handa]

-- Forwarded message --
From: Capital Mind 
Date: Tue, Oct 27, 2015 at 11:11 AM
Subject: HDFC Posts Slowest EPS Growth In 5 Years, And That Too Propped Up
By Dividend and more, at Capital Mind
To: rhaposit...@gmail.com


[image: Subscribe to Capital Mind Premium]

[image: image]

HDFC Posts Slowest EPS Growth In 5 Years, And That Too Propped Up By
Dividend


HDFC's results have been less than ordinary this time around. VERY less
than ordinary. Consolidated results are the worst we've seen in a while. We
saw a 8% increase in revenues, but only a 4.4% increase in profits before
tax. And the EPS was flat!   In fact the EPS growth is the lowest in FIVE
YEARS! Now, we are …

Read more...

[image: image]

Airtel Has Lowest Indian ARPU in 8 Quarters, and Boosts Consolidated
Profits Only By Exceptional Item


Bharti Airtel announced results today and it seems like things are quite
tough for the telco. While this sounds good (at least they are making a
profit!) there are some serious problems with the above: They have an
exceptional gain of 660 cr. on the back of a 1000 cr. profit on the sale of
towers in Africa, and some …

Read more...

[image: ---]

*Purchase Capital Mind Premium

at a Rs. 1000 discount, only at Rs. 10,999 for a limited period! (Details
)*
[image: Capital Mind: New Age Financial Analytics]


Unsubscribe

[www.niftyviews.com:23463] Fwd: TVS Motors: Q2FY16 Result Surprised The Street----

[Asis Ghosh]

 Forwarded Message 
Subject:TVS Motors: Q2FY16 Result Surprised The Street
Date:   Wed, 28 Oct 2015 08:22:29 +0530
From:   Asis Ghosh 
Reply-To:   asis...@gmail.com



*The stock jumped almost 13%; *
*Now expect 300-350 only sustaining above 287*

Q2 PAT at Rs.116.41 cr up by around 23%
(expectation 105; YOY-94.81; QOQ-90.27)

Q2 EPS at 2.45
(expectation 2.21; YOY-2.00; QOQ-1.90)


*CMP: 277*
*
*
*Buy either breakout above 287 or in dips around:255-245*

*TGT: 287-300-325 (1-3M)*

*TGT:350-450 (12-24M)*

*TSL<236*

*Note: For TVS, 272 is now a strong support and sustain below 272, it 
may again fall to 255-245 zone, where buying may be initiated. 
Consecutive closing below 236, it may further fall to 230-224-213 & 
207-201-195 zone, where one can again accumulate for better buying 
average, depending on the overall news flow and market sentiment.*


*Some key takeaways & rationale:*

TVS yesterday surprised the market with its Q2FY16 result, which is 
significantly higher than analysts consensus..


The excellent result is primarily due to better product mix and lower 
raw material cost amid depressed commodity prices (steel/rubber etc) and 
also by better vendor negotiations, which led to improved operating 
margins too.


Although, overall 2-W sales in absolute units fell YOY, its Scooter 
sales (mainly Jupiter) grew by almost 12% and exports rose by 23%.


Net realization per vehicle grew by more than 7% above estimates also.

Going ahead, the company is optimistic about ongoing festival season 
sale and depending mainly on its blockbuster Jupiter brand of Scooty for 
the same.


Recently, its also hired legendary mega star Amitabh Bachchan for its 
Jupiter & other TVS brands ad.


TVS is not going to launch any new product in the current festival 
season and will concentrate on the existing models. It may launch new 
models in FY-16 onwards.


The company is eyeing around 18% market share by FY-16 from present 13%.

TVS is now emphasizing more on better margin 2-W & 3-W and less on moped 
sales.


Almost all the analysts gave "thumbs up" to the excellent Q2 result of 
TVS, considering that its the only domestic 2-W company, which is 
consistently growing along sustained volume and able to meet the 
competition from the mighty of Honda (specially Activa scooty).

*
*
*Now, considering all the above good news for TVS, the scrip already 
reacted already rallied around 13% and 18% (from day low to day high) in 
one day !!.*

*
*
*Looking at the chart, TVS now has to sustain over 287 for its next 
target of 300-325 in the near term with 272 being the crucial technical 
support.*

*
*
*Sustain below 272, it may got corrected to some extent towards 255-245 
zone, where we may see again good buying interest.*


*As par BG metrics & current market parameters:*

*Present median valuation of TVS may be around: 245 (FY:15/TTM)*
*
*
*Projected fair valuations might be around: 280-330-375 
(FY:16-18/Estimated)*





SCRIP   EPS(TTM)BV(Act) P/E(AVG)Low HighMedian  
200-DEMA10-DEMA
TVSMOTOR8.1634.63   30  240.36  246.80  243.58  236 248.81



TVSMOTOR10.55   40.75   30  273.30  280.62  276.96  236 248.81



TVSMOTOR14.75   47.25   30  323.16  331.81  327.48  236 248.81


TVSMOTOR19.25   54.930  369.17  379.06  374.12  236 248.81


*Analytical charts:*














--
Thanks & Regards,

Asis Ghosh
(asisghosh.blogspot.in)
NCFM-TA Certified



--
Kindly email stock reports at 

STOCKRESEARCHER@googlegroups.com 


For sharing knowledge

-- NIFTYVIEWS.COM NOW A FREE OPEN SOURCE WEBSITE.

http://www.niftyviews.com/ 



Disclaimer :-
"The opinions expressed by the members on this board are based on
their individual experience and perceptions and to share information
with other members with the best of intentions to help fellow members
in investment decisions as equity investment is a risky venture.The administrator of 
www.Niftyviews.com just provide a platform for the authors to express their opinion 
and take no guarantee for the genuineness of the same."ANY member of this forum 
doesnt prepare or publish any research report; or ii. provide research report; or 
iii. make 'buy/sell/hold' recommendation; or iv. give price target;
--- 
You