Most fallen vital shares since currency demonetiztion

SN Scrip LTP  Return % 1 CERA 1963 -28 2 PCJEWELLER 355 -26 3 CANFINHOME 1260 -26 4 REPCOHOME 532 -26 5 SHRIRAMCIT 1784 -26 6 SRTRANSFIN 837 -21 7 KAJARIACER 479 -20 8 HSIL 287 -20 9 BERGEPAINT 198 -20 10 CENTURYPLY 185 -19

Since the day India saw currency demonetization, these are the vital shares that have fallen the most.

Gems & Jewelry, Housing Finance companies and Sanitary ware & Tiles companies took the major blow on the expectations of a steep fall in the consumer demand due to reduction of the black money in the economy.

The Top-10 Modi Stocks

With the passage of a year for the Modi government, here are the top-10 highest grossing stocks.

Update on Shemaroo Entertainment Ltd. IPO

Unlike previous issues this time I too got allotment and as expected and pre-decided I booked profit in Shemaroo @ 172. Some nimble-footed people claim to offload their stake @ 180.

The company was facing a damn working-capital (WC) mismanagement problem and to cope- up with this problem, this issue was floated.

For a sales-figure of Rs. 264 crore, there is cash-in-hand of meager Rs. 0.9 crore, while Accounts receivable (AR) is as high as Rs. 140.

Inventory days too were as high as 275 and AR collection period was almost 5 months.

A higher AR collection period makes a company prone on the solvency frontin case a few of its debtors default.

The OCF of the company was negative and the only hope was the re-rating of the company in future due to the proceeds of this issue which was supposed to rectify the WC mismanagement.

Apart from the financials, the company is having perpetual-rights mostly for older titles and limited rights for newer titles.

The co. should concentrate on the streaming business and should not rely heavily on sites like YouTube which gets banned in various countries especially in those of Indian-sub-continent where piracy too is at its pinnacle.

If this company wants to flourish in future then the best way is to concentrate on the streaming business model.

Year 2013- The Top Five Best Returns

The aforementioned stocks came out with the best returns in the calendar year 2013. Barring Ajanta Pharmaceuticals, all other stocks are either overpriced or having not so good fundamentals.
Ajanta Pharma's fair price is around Rs. 730 and at price levels above this, accumulation can be done in small quantities.
Though Vaibhav Global saw its Q2 net-profit increasing six times but this stock is too over-priced.

Rakesh Jhunjhunwala Portfolio Performance (Diwali to Diwali)

This is how big bull's portfolio fared in the aforementioned period-

Top 20 best Diwali to Diwali Share Returns

This Diwali  when Sensex hit its all time high, it is worthwhile to pinpoint scrips that outperformed the benchmark index by a significant margin. The benchmark Sensex has given a 14 % return from its level during the last Diwali.
The following shares have clearly outperformed the index.

Stocks Below 2009 Lows

Following snapshot depicts the stocks that are trading below their 2009 lows.

PS: This snapshot is for information purpose only. Fallen stocks may not be necessarily worth value-buying.

Stocks that Defied the Decline

Since the 20th May 2013 when Nifty-the broad-based index of the National Stock Exchange (NSE)- was at 6,200 levels, the index has tumbled by around 7.4 % but despite this some stocks succeeded to give lucrative returns.
The following list ranks those stocks in descending order of their returns.

Don't Follow Them Blindly

Any veteran shall say, just blindly following the big guns of the capital markets will leave you nowhere. And the same comes true when we look at the performance of the big bull Rakesh Jhunjhunwala’s portfolio in the fourth quarter of the last fiscal.

For the aforesaid period Nifty- the benchmark index of the National Stock Exchange, was declined by just 4.5% while some stocks from the Big B’s portfolio declined as much as in the range of 40-70% for the same period.

Small investors often overlook the rationale behind investment, the entry price of the investment and the time-horizon envisaged by these capital market honchos and blindly start buying shares and eventually end up repenting.

Rakesh Jhunjhunwala had recently bought shares of Titan Industries at a price which was about around 150 times of his first purchase(of the same stock). 

This means, the first batch of shares had given him a whopping return of 15,000 % and this is why even a major price-drop from the last purchase price keeps him unperturbed.

Penny Stock & Freak Traders

Birla Cotsyn India Ltd. is a penny stock which is presently trading in the 10-15 paisa range.

What makes this price-range lucrative and intriguing? 

If someone buys this stock at 10 paisa  and succeeds in selling it at 15 paisa , he makes a profit of 50% that too in a day or a few more.

If someone is fortunate enough to secure this 50 % return in a week and  when this return is annualized comes as a whopping 2607 %.

Compare this with the FD return which is presently only 9% per annum !

But wait !

On the flip side, if someone who had bought this stock at 15 paisa and liquidates his holding at 10 paisa (for whatsoever reason) loses 33 % of his capital.

For past few days stock is trading in 10-15 paisa range

Hopeful traders voraciously try to buy at 10 paisa and attempts to sell at 15 paisa but only a few succeeds to do so.

There are a large number of buyers who everyday place orders to buy this stock at 5 paisa.

A snap of market depth window

By the time of writing this post, there were around 2.37 buyers for a single seller.

Trading in this stock is very difficult and only few lakhs of shares get traded out of a couple of crore orders.

Morale is, trading in this stock is a high-risk & high-gain proposition and trading in this scrip being illiquid, a lot depends on your luck.

NBCC Target Achieved

Last time while discussing NBCC here, I had expected the scrip to cross Rs. 180 mark and the stock surprisingly achieved its target much before what was anticipated.
It has given an absolute return of around 32 % in a period less than 3 months.

Rakesh Jhunjhunwala Portfolio performance in 2012

The year 2012 may not be called as a favourable year for the big bull's portfolio with only a few stocks in his portfolio beating the returns of benchmark indices while a many gave negative returns.

The top performer was the once beaten-down DB reality share which came out with a lucrative 216 % return.

With India opening for the FDI in multi-brand retail, Pantaloon Retail saw its share price getting doubled.
Geometric  Ltd., a software services and consultancy company from the Godrej camp, too saw its share price doubling in the calendar year 2012.

Here follows the performance of the Rakesh Jhunjhunwala portfolio-

Scrip	Ini. Price	LTP	Return%
DB Reality	49.6	162	216
Geometric Limited	46.25	101	115
Pantaloon Retail	127.25	260	102
Compucom Software	12.6	22	83
NCC Ltd.	34.1	58	69
Geogit BNP	15.15	25	63
Karur Vysya Bank	346.45	569	62
Titan Industries	175.15	287	62
Autoline Industries	98.05	140	44
Lupin Ltd	439.2	615	40
Pipavav D&O Eng. Co.	66	91	38
Viceroy Hotels	18.25	25	33
Agro Tech Foods Ltd.	387.6	524	32
Delta Corp	56.15	80	31
Rallis India Ltd.	116.55	150	28
CRISIL Ltd.	864.95	1070	25
Hind Oil Explo. Co.	91	103	12
VIP Industries	77.5	86	9
Prime Focus Ltd.	47.15	44	-6
RBN	50.1	45	-14
Alphageo Ltd.	57.25	47	-23
Orchid Chemical	134.45	102	-25
Praj Industries	75.35	49	-36
A2Z M&E Services	89.15	58	-37
Subex Ltd.	25.4	14	-48

PS: The above list excludes a few BSE listed stocks from the RJ's portfolio

2012 Best Returns

It was the last day of the CY 2012 and it was intriguing to sort out the vital stocks giving the best returns in this calendar year.
The following are the top 20 vital best-return giving stocks-

SN	Scrip	Last Price	Return %
1	Wockhardt Ltd.	1573	470
2	JK Lakshmi Cement	162	327
3	United Spirits	1899	284
4	Vakrangee Software	60	266
5	JK Cement	360	263
6	Zicom  Ltd.	93	251
7	Relaxo Footwares Ltd.	803	241
8	Bhartiya Int. Ltd.	178	239
9	Heritage Foods Ltd.	499	226
10	Jet Airways	559	224
11	V-Guard Industries Ltd.	504	223
12	Atul Ltd.	423	203
13	Dishman Pharma	115	200
14	Shasun Pharma	138	192
15	La Opala RG Ltd.	269	179
16	CCL products Ltd.	328	177
17	Aaarti Drugs	208	177
18	Suven Lifesciences Ltd.	31	166
19	Karnataka Bank	168	153
20	Ajanta Pharma Ltd.	382	153

Listed Indian Tea Companies Performance

The performance of NSE listed Tea & Plantation companies since January 2004

Scrip	StartDate	EndDate	LTP	Return %
Tata Coffee Ltd.	01-01-2004	18-12-2012	1411	835
Mcleiod russel Ltd.	29-07-2005	18-12-2012	352	596
Bombay Burma trd. Corp.	01-01-2004	18-12-2012	122	412
CCL Products Ltd.	07-06-2004	18-12-2012	324	395
Tata Global Ltd.	01-01-2004	18-12-2012	165	372
Jayashree tea & Industries Ltd.	01-01-2004	18-12-2012	110	176
Peria Tea	30-06-2010	18-12-2012	179	143
Rossell India ltd.	25-09-2012	18-12-2012	48	59
Norben tea & Exports Ltd.	01-01-2004	18-12-2012	5	25
Harrisons Malyalam Ltd.	01-01-2004	18-12-2012	62	12
United Nilgiri Tea Estates Co.	08-01-2010	18-12-2012	227	-12
GILLANDERS	14-12-2009	18-12-2012	77	-17
duncans Ind Ltd.	01-01-2004	18-12-2012	12	-19
Dhunseri Petrochem & Tea Ltd.	26-07-2010	18-12-2012	113	-30
Assam Company India Ltd.	29-09-2006	18-12-2012	7	-66

Listed Indian PSU banks' performance

Scrip Return (YTD) % Price-to-Earnings Ratio Price-to Book Ratio Dividend Yield (%) Dena Bank 123 4.2 0.9 2.73 Syndicate Bank 78 4.8 0.9 3.1 Orient Bank of Commerce (OBC) 65 7.2 0.9 2.4 United Commercial Bank (UCO) 56 4.7 0.8 4.1 United  Bank of India  47 3.6 0.6 3.5 Bank of Maharashtra (BOM) 42 6.4 0.9 3.9 Andhra Bank 35 4.6 0.8 5.1 Union Bank of India (UBI) 35 6.4 1 3.4 Industrial Development Bank (IDBI) 33 6.6 0.8 3.3 State Bank of Mysore 33 6.5 0.8 1.7 State Bank of India (SBI) 31 9.8 1.7 1.6 State Bank of Bikaner & Jaipur 29 3.7 0.7 3.6 Vijaya Bank 25 5.3 0.75 4.4 Canara Bank 21 6.5 1 2.4 Corporation Bank 19 4 0.7 4.96 Allahabad Bank 18 4.1 0.7 4.3 Cenral Bank of India 15 8.3 0.6 2.6 State Bank of Travancore (SBT) 14 4.5 0.7 3.5 Bank of Baroda (BOB) 11 5.9 1.1 2.3 Punjab & Sindh Bank (PSB) 10 4.1 0.5 3 Indian Overseas Bank (IOB) 5 6 0.6 5.8 Bank of India (BOI) 3 5.6 0.8 2.5

The Top-20 best returns- Diwali to Diwali

Since last Diwali following stocks managed to deliver awesome returns while benchmark indices fetched investors a meager returns  in the 8-10 % range.

Scrip	Return %	Sector
Goenka Diamonds	661	Gems & Jewellery
Wockhardt Pharma	278	Pharma
JK Laxmi Cement	228	Cement
Vakrangee Software	213	Software
JK Cement	194	Cement
Vaibhav Gems	180	Gems & Jewellery
Heritage Foods	163	Food Processing
Amar Raja Batteries	148	Auto Ancillaries
VGuard	128	Electricals
Shree Cement	128	Cement
Ajanta Pharma	125	Pharama
Geometric Software	124	Software
Atul	123	Speciality Chemical
Dishman Pharma	123	Pharma
helios & Matheson IT	123	Software
20 Microns	117	Minerals
Zicom Security Systems	115	Security Systems
MCDowell No. 1	114	Liquor & Spirits
Madras Cement	114	Cement

Rakesh Juhunjhunwala portfolio performance- Diwali to Diwali

Rakesh Jhunjhunwala, the legendary Indian billionaire investor known for his his expertise in value investing  saw some  of his stocks beating  the returns given by the NSE benchmark index Nifty while rest of stocks under performed and  a few even gave the negative returns since last Diwali to this Diwali.
RK is a long term investor and does not get perturbed when his shares perform unfavorably  for a year or two.

Ticker	LTP	Return %
GEOMETRIC	103	122
AUTOIND	167	52
TITAN	294	36
KARURVYSYA	471	25
LUPIN	585	21
GEOJITBNPP	22	20
PANTALOONR	198	8
ATFL	428	8
CRISIL	930	7
RALLIS	157	-4
PIPAVAVDOC	82	-5
VICEROY	25	-8
HINDOILEXP	98	-10
PFOCUS	48	-14
NCC	41	-23
DELTACORP	74	-24
RBN	43	-33
ALPHAGEO	55	-34
ORCHIDCHEM	103	-35
PRAJIND	46	-44
VIPIND	78	-54
SUBEX	14	-66
A2ZMES	60	-67

Best stock returns from their 2007 high

Year 2007 was really a boom year when  bourses rose meteorically following a huge FII inflows.
following is a list of top 10 best returns from their 2007 high close.

SN Ticker LTP Highest close Price Appreciation (%) of 2007 since 2007 1 TTK Prestige Ltd 3358.15 196 1613.34 2 Page Industries 3327.1 480.1 593 3 Ajanta Pharama 363.1 57.03 536.74 4 Eicher Motors 2503.25 472.2 430.12 5 somany Ceramics Ltd 86.1 16.73 414.64 6 Vakrangee Soft. Ltd 55.05 12.84 328.82 7 GSK Consu. Healthcare 3051.5 740.15 312.28 8 Rallis India Ltd. 148.95 37.1 301.45 9 Lupin Ltd. 584.7 146.42 299.33 10 Amar Raja Batteries Ltd. 257.35 67.3 282.39

Stocks trading at 8-year low levels

Ticker	SCRIP	Today's Close(Rs.)
DCHL	Deccan Chronical Holdings	7.3
EMKAY	Emkay Global Fin Services	20.95
INVENTURE	Inventure growth & securities	13.7
JUPITER	Jupiter Bio Science	5.45
KSOILS	KS Oils Ltd.	4.3
KWALITY	Kwality Dairy Ltd.	25.75
MARG	Marg Limited	70.15
SEZALGLASS	Sezal Glass Ltd.	3.55
TARMAT	Tarmat Ltd.	18
ZENITHBIR	Zenith Birala India	2.75

NB : Low price doesn't indicate value and this data is for information purpose value.

This blog has cautioned its readers to stay away from the IPO of  'Inventure Growth & Securities  Ltd.' and the result is evident.

Inventure shares were issued at Rs, 117 in the IPO and are presently trading around Rs. 13 .

Indian Listed cement Companies at a glance

Scrip	LTP	Return %	P/E	P/B	Div. Yield %
JK Laxmi cement	127	235	8.2	1.3	1.6
JK cement	277	179	9.9	1.5	1.8
Heidelberg Cement	50	93	31.1	1.4	NA
KCP Limited	45	90	9.4	1.7	3.4
Madras Cement	187	82	10.9	2.2	1.3
OCL India Ltd.	159	80	12.4	1	1.3
JP Associates	95	80	26.6	1.6	0.5
Burnpur Cement	11	78	29.4	0.8	NA
Gujarat Sidhee cements	13	76	10	1.7	NA
Ultratech Cement Co.	2022	75	19.7	4.3	0.4
Orient Paper & Industries	82	66	8.3	1.5	2.4
Chettinad Cement Corp.	815	53	16.8	2.9	0.9
India Cement	98	47	11.9	0.7	2
Grasim Industries	3400	41	27.5	3.4	0.7
Dalmia Bharat Enterprise Ltd.	164	39	43.6	2.6	0.9
Prism Cement	53	39	NA	2.3	1
Rain Commodities	39	30	38.3	3.5	2.8
Ambuja Cement	203	30	22.5	3.9	1.6
ACC Limited	1404	23	20.4	3.7	2
Birla Corporation	274	2	10	1	2.2
Barak Valley Cements Ltd.	10	-9	NA	0.3	NA
Mangalam Cement Ltd.	8	-19	6.4	1.1	3.5
Andhra Cement Ltd.	9	-20	152	0.7	NA

NB: Returns are YTD   year-to-date