Whispers August 2018

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By IE&M Research

Paper Stocks Buzzing

Paper Stocks are the new flavor of the season with JK Paper reporting stellar numbers in Q1FY19. With record Ebitda at 25%, JK Paper has posted its strongest quarter ever. Looks like this has set tone for all the paper companies going forward. The Demand Supply gap is increasing and with no new capacities coming up Paper stocks can have a golden run. Look for Westcoast Paper and Kauntum Paper numbers ahead.

Solara Active Pharma Sciences Ltd.
BSE Code/ NSE: 541540/ SOLARA; Face Value: Rs10; CMP: Rs189
52 Weeks H/L (Rs) 288 – 133.50; Market Cap Rs (crore): 518


Solara Active Pharma Sciences Ltd. is a newly listed company which resulted from the demerger of select API business of Strides Shasun and Sequent. These verticals are almost two decades old and are now being shifted to a new company in order to achieve operational excellency. The company has decent metrics with 12.8% Ebitda margins and decent growth in revenue. Sure, this can be a Dark Horse in next five years. The management strives to be amongst Top 10 pure play global API companies.

Greenply Industries
BSE Code/ NSE: 526797/ GREENPLY; Face Value: Rs1; CMP: Rs206
52 Weeks H/L: (Rs) 401.05 – 195; Market Cap Rs (crore): 2608


World’s largest furniture retailer is set to open its first store in India. They have set up a huge store in Hyderabad and next few are coming up in Mumbai, Bangalore etc. This entry should wide open the Indian furniture market and to compete with this giant IKEA – Indian online furniture retailers will also have to step up there game. Amidst all this the major benefits will flow to the MDF players in the country. Great time to start looking at Greenply Industries. A proposed demerger of its MDF division is also on the cards. 

Indiabulls Housing Finance
BSE Code/ NSE: 535789 /IBULHSGFIN; Face Value: Rs2; CMP: Rs1356
52 Weeks H/L (Rs) 1439.40/ 1,080.45; Market Cap Rs (crore): 58508


Indiabulls Housing Finance has reported again very decent numbers and its quarterly performance was better than expected. It has reported a rise of 30% in consolidated net profit at Rs1,048.68 crore for the quarter ended June. The company’s net profit in the corresponding April-June period of 2017-18 stood at Rs804.89 crore. Its total revenue during the quarter increased to Rs4,071.32 crore from Rs3,288.24 crore in the year-ago period.

KSE Ltd.
BSE Code/ NSE: 519421/ KSE; Face Value: Rs10; CMP: Rs3255
52 Weeks H/L (Rs) 4,000/ 1,195.55; Market Cap Rs (crore): 1094


KSE Ltd has reported an EPS of Rs218 for FY18 and analysts estimate very good improvement in this going forward. Formerly known as Kerala Solvents, the company has a very small equity of Rs3.2 crore. There is also news floating about issue of bonus share. 

About the author: IE&M Team
IE&M Team
Indian Economy & Market is an Indian media and information platform producing data-backed news and analysis on all the vital elements at the intersection of the economy, stock markets, mutual fund, insurance, commodities, currency, technology, startups and business.

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