Kakatiya Cement Settled Above 6 % Post Budget

Kakatiya Cement Sugar & Industries Ltd has informed BSE that the trading window for trading in shares of the Company shall remain shut from January 27, 2017 to February 09, 2017 (both days inclusive) in terms of the code of conduct to Regulate, Monitor and Report trading by insiders under the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015.

This restriction is on account of consideration of the unaudited financial results (Provisional) for the quarter ended December 31, 2016.

As the trading session closed on Wednesday, Kakatiya Cement share price settled above 6 per cent. Kakatiya Cement Sugar & Industries Ltd. was incorporated in the year 1979. It is a Small Cap company which has a market cap of Rs 237.76 Cr. that operates in the Cement sector.

Kakatiya Cement Sugar & Industries Ltd. key Products/Revenue Segments include Sugar which contributed ? 104.29 Cr to Sales Value (49.57 % of Total Sales), Cement which contributed ? 91.42 Cr to Sales Value (43.45 % of Total Sales) and Power which contributed ? 14.65 Cr to Sales Value (6.96 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 30^th Sep 2016, the company has reported Standalone sales of Rs 51.42 Cr. up 11.04 from last quarter Sales of Rs 46.31 Cr. and up 13.66 from last year same quarter Sales of Rs 45.24 Cr. Company has reported net profit after tax of Rs 1.74 Cr. in latest quarter. 

Shareholding 

Category	No. of shares	Percentage
Promoters	4,131,535	53.15
General Public	3,148,983	40.51
Others	445,970	5.74
Foreign Institutions	30,555	0.39
Financial Institutions	12,555	0.16
NBFC and Mutual Funds	4,260	0.05

The 52 week high of Kakatiya Cement share price is observed at Rs 956.00on 19th Sep 2016 while the 52 week low is seen at Rs. 444.55 on 12th Feb 2016.

Kakatiya Cement is one of the top 500 performing stocks for this quarter as identified by Dynamic Levels for this quarter.

For further details on the stock, refer to Kakatiya Cement share price history.

Titagarh Wagons Share Price Dips Post Budget

Shares of most of the railway sector related companies declined as much as four per cent ahead of presentation of the first Rail Budget subsumed in the General Budget on Wednesday. Titagarh Wagons share price settled 4.06 per cent down at Rs 115.90 on NSE on Tuesday, while Kalindee Rail Nirman (Engineers) ended 3.27 per cent down at Rs 113.95 from the previous close.

The brokerage house expects Titagarh Wagons to report net profit at 13.6 crore up 67.6 per cent quarter-on-quarter. Net Sales are expected to increase by 2 per cent Q-o-Q (up 49.4 per cent Y-o-Y) to Rs 413.6 crore. Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 2 percent Q-o-Q (up 534.9 per cent Y-o-Y) to Rs 33.1 crore.

Titagarh Wagons Ltd., incorporated in the year 1997, is a Small Cap company that operates in the infra machinery equipment. For the quarter ended 30^TH Sep 2016, the company has reported a Consolidated sales of Rs 402.49 Cr., up 44.58 from last quarter Sales of Rs 278.39 Cr. and up 102.03 from last year same quarter Sales of Rs 199.23 Cr. Company has reported net profit after tax of  the  8.14 Cr. in the latest quarter.

The 52 week high of Titagarh Wagons share price is observed at Rs 149.70 on 2^nd Feb ’16 while the 52 week low is seen at Rs 84.00 on 24^th May ’16. The Average Daily Movement of the stock is 4.52 and its average volume for last 20 days is 1301435. The stock yields -5.75 per cent monthly returns and has a book value of Rs. 212.50.

On account of its strong fundamentals, Titagarh Wagons share price is one of the top 500 performing stocks for this quarter as identified by Dynamic Levels.

For further details on the stock,  refer to Titagarh wagons share price history.

The Stock of R S Software spurted by 3.08 Times

R S Software India, the electronic payment service provider, is currently trading at Rs. 102.70, up by 8 per cent. The stock volume spurted by more than 3.08 times.

R S Software India's consolidated revenue for the quarter has come in at Rs 18.06 crores, recording a 20.37 per cent y-o-y fall, but growth of 17.5 per cent q-o-q. Company has clocked a negative EBITDA for the quarter at Rs 8.32 crore as compared to the negative EBITDA of Rs 8.20 crore q-o-q, and negative EBITDA of Rs 11.15 crore yoy The net loss for the quarter has come in at Rs 4.24 crore as against net loss of Rs 5.96 crore q-o-q, and net loss of Rs 7.53 crore y-o-y. Company’s other income has come in at Rs 2.71 crore as against Rs 3.59 crore q-o-q and Rs 4.14 crore y-o-y.

Stock View:

R S Software share price opened at Rs. 97.20 from its previous closing of Rs 97 on the NSE. The scrip touched a high and low of Rs 104.70 and Rs 94.70 respectively. So far 8,63,953 shares are traded on the counter with a traded value of Rs. 868.70 lacs. The current market cap of the company is Rs 249.37 crore.

The stock has a of face value Rs 5 has touched a 52 week high of Rs 127.65 on 12^th Dec ’16 and a 52 week low of Rs 57.50 on 12^th Feb 2016. Last one week high and low of the scrip stood at Rs 106.40 and Rs 94.50 respectively. The promoters holding in the company stood at 40.46 per cent while Institutions and Non-Institutions held 3.19 per cent and 51.88 per cent respectively.

RS Software is one of the top 500 performing stocks for this quarter as identified by Dynamic Levels. For further details on the stock, refer to R S Software share price history.

Wonderla Share Price Dips Post Q3 And 9M Results

Wonderla filed its results for the quarter and the nine months ended 31^st December 2016.

Highlights of the results for the quarter and nine months period ended 31^st December 2016.

• Gross Revenue- For the nine month ended 31st December 2016-17, was Rs 214.17 crores marking an increase of 21.30 per cent over the corresponding period of the previous financial year of Rs 176.55 crores. Similarly the gross revenue for the quarter ended 31st December 2016 was Rs 71.44 crores showing an increase of 34.50 per cent.
• Profit after Tax- For the nine month ended 31st December 2016-17, was Rs 29.63 crores marking a decline of 43.29 per cent over the corresponding period of the previous financial year of Rs 52.25 crores. Similarly the gross revenue for the quarter ended 31st December 2016 was Rs 4.21 crores showing a decline of 66 per cent.
• Revenue from the three amusement parks, namely Bangalore, Kochi and Hyderabad were Rs 68.02 crores for the quarter. Similarly the gross revenue for the Nine months period ended period ended 31st December 2016 was Rs 204.74 croresw.
• The resort division continues its good performance with an occupancy rate of 61 per cent as against 44 per cent last year for the quarter.

In the filing to the BSE the Company expressed its happiness with its performance during the quarter of the ongoing financial year. The company had good footfalls at the park and resort during the festive season and it has recorded a 34.5 per cent growth in revenue backed by a 32 per cent growth in the footfalls at the parks during the quarter.

However, Wonderla share price has dipped more than 

3 per cent since the morning and at 1.05 PM it was seen trading at Rs 360.95.

Wonderla is one of the top 500 shares identified by Dynamic Levels.

For some insight in the support and resistance levels of the share at Wonderla share price forecast.

MMTC Share Price following the Positive Trend

The country’s largest foreign trading company, MMTC, plans to import Rs 8,000 crore worth of gold in 2017-18 on account of government action to restrict unofficial gold imports. The company has clocked Rs 5,000 crore gold imports till December of the ongoing financial year. In the past two months, the government has taken some steps to control unofficial imports. This month, imports have improved. The company has recorded a total of Rs 7,000 crore gold imports.

For 2017-18, they will target Rs 8,000 crore gold imports. MMTC imported gold worth Rs 6,500 crore in 2015-16. The import duty on gold is seen at 10 per cent.  India is the world's second-largest consumer of gold. MMTC is also taking up measures to conduct auctions of gold collected through the gold monetization scheme.

In the same manner, sales of Indian Gold Coins, for which MMTC is the vendor, is slated to pick up pace. MMTC has already sold 70 per cent of 150,000 gold coins weighing 800 kg.

Previously, the coins were sold through MMTC offices, but it has now tied up with seven banks, which includes ICICI Bank, Punjab National Bank and Vijaya Bank, to sell coins through 400 sales outlets. The coins are of 5 and 10 g and their prices vary the price of bullion.

The Indian Gold Coin was launched by Prime Minister Narendra Modi on November 5, 2015. It is India’s first sovereign gold offering and only gold coin hallmarked by the Bureau of Indian Standards.

MMTC share price is currently trading at Rs. 65.35, up by 4.14 per cent from its previous closing of Rs. 62.75 on the NSE. The scrip opened at Rs. 62.70 and has touched a high and low of Rs. 66.75 and Rs. 62.50 respectively.

Dynamic Levels have identified MMTC as one of the top 500 performing stocks for this quarter.

For further details on the stock, refer to MMTC share price history.

Indigo Share Price declines on Declining Profit in Q3

InterGlobe Aviation Ltd, which operates India’s biggest budget airline IndiGo, reported that its fiscal third-quarter profit dropped 25 per cent because of an increase in fuel costs and lower ticket prices.

Net profit fell to Rs 487.26 crores in the three months ended 31 December from Rs 657.29 crores a year earlier, the company said. Revenue rose by 16.8 per cent to Rs 5,158.42 crores from Rs 4,481.20 crores in the year-ago period as the company added planes and operated more flights.

IndiGo controls about 39 per cent share of the domestic market, with 126 planes and 854 daily flights.

In an analyst call on Tuesday, 31^st January 2017, IndiGo said its yields or airfares were down 10 per cent in October, 20 per cent in November, 17 per cent in December and 10 per cent in January year-on-year.

IndiGo president Aditya Ghosh said the airline will continue to match the fares of rival airlines in each “fare bucket” in the coming months as well—a strategy started in the second half of last year.

During the quarter, 71.7 per cent of IndiGo flights were on time. The airline said its operational performance was impacted primarily due to adverse weather conditions, air traffic congestion at key airports and operational issues associated with its A320neo planes.

As a result of the drop in profit, the share price went on to decline by more than 8 per cent on the day that followed the Q3 filing. At 11.20 AM on 1^st February 2017, IndiGo share price was seen trading at Rs 826.00, down by 8.53 per cent or 77 points to be precise.

IndiGo has been selected as one of the top 500 shares recommended by the research and analysis team of Dynamic Levels.

Get the historical share price performance of the share at IndiGo share price history.

Indian IT Companies crashed with the Doubling of H1B Minwage

The introduction of bill in the US House of Representatives calling for more than doubling the minimum salary of H-1B visa holders to $130,000, from the current $60,000 proved to be hazardous for the Indian IT sector.  This is more than double of the current H1B minimum wage of $60,000 which was established in 1989 and since then has remained unaltered. Within one brutal hour, stocks of Indian IT companies collapsed, sweeping over Rs. 50,000 crore in the market value of top companies. Such steep rise in minimum salary will make it difficult for Indian IT companies to employ people on H-1B visas to work on projects in the US, which contributes 60 per cent of the export revenues of the Indian IT sector.

IT stocks reacted negatively on the National Stock Exchange since investors feared over US President Donald Trump plans to keep his electoral promise of implementing tougher immigration rules on the H1B visa plans. On 31^st Jan, TCS share price fell 5.6 per cent, Tech Mahindra share price 9.7 per cent, HCL Tech share price 6.3 per cent, Infosys share price 4.6 per cent and Wipro share price 4.23 per cent. 

Intraday on Tuesday, though TCS, Wipro recovered marginally whereas HCL Tech share price is trading at a fall of 0.34 per cent.

Indian companies have been employing more US citizens in the anticipation of H-1B visa curbs. But employing more US citizens will automatically increase the cost for Indian outsourcers. As a result it will impact their margins and overall profit.  The Indian IT industry is already struggling in the form of slow growth amid big changes in the technological landscape (like automation and artificial intelligence) and global headwinds like Brexit.  On the other hasnd, with most of the projects now on digital or cloud platforms, the need to send employees on H-1B visas will also go down.

US President Donald Trump is set to sign a new executive order aimed at mending programmes like the H-1B and L1 that will make it tougher for foreign workers to get work visas. Around two-thirds of H1B visa applicants are Indian nationals who either work for Indian IT services firms such as TCS, Infosys and Wipro or the local operations of US firms such as Accenture, IBM and Google.

The High-Skilled Integrity and Fairness Act of 2017 incorporated by California Congressman Zoe Lofgren in the US Congress suggest removing the ‘per country’ cap for employment based immigrant visas. As a result all employees will be treated more fairly and to enhance the system where employers hire the most skilled workers without regard to national origin. The legislation sets aside 20 per cent of the annually allocated H-1B visas for small and start-up employers (50 or fewer employers) to ensure small businesses have an opportunity to compete for high-skilled workers, while still protecting against outsourcing.

Talking about the H-1B visa, it is a non-immigrant visa that permits US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise in specialized fields. The technology companies depend on it to hire tens of thousands of employees each year.

5 Points In The Union Budget To Decide The Course Of Market

Indian Market Outlook:

Five Important Points to watch out for in the Union Budget 2017-18 today:

India’s benchmark index Nifty yesterday fell by 80 points from the day high of 8632 and made low of 8552, and closed at 8561 almost near its day low. Bank Nifty also showed weakness throughout the day and fell by 70 points from its previous day close of 19585.

Small cap index saw selling pressure as the index lost 90 points from its previous day close of 6392 to close at 6302. Small Cap Index closed below its 3 day low thereby showing signs of further weakness.

FII’s have sold 532 crore in Cash Segment ahead of Budget on Tuesday after continuous buying of 3 days.

Important results to be announced today are apollo tyre, tata global, eicher motors, cummins india.

Nifty Future is opening at 8609 as per SGX Nifty at 8:50 am IST,almost 25 points above its previous close of 8584.

Important events to watch out

• Today Finance Minister Arun Jaitley to present Union Budget 2017-18 at 11 am.
• 1st Feb  12.30 midnight   Federal Reserve Monetory Policy (market will take impact of it on 2nd Feb)
• 8th Feb   RBI Monetory Policy
• 11th Feb to 15th Mar   UP Election

FII Activity for the year 2016-17

Month	FII Activity
January	-14356.01
February	-12513.1
March	24201.51
April	3056.28
May	-186.61
June	3957.95
July	10121.56
August	8778.01
September	3329.62
October	-5355.76
November	-19981.5
December	-11325.03
January 2017	-1582.16

Open Interest Index F&O and Cash Segment Activity

In cash segment, yesterday, FII have sold shares worth Rs. 532.88 Cr and DII bought shares worth Rs. 237.37 Cr. Combined sell of Rs.295.51 Cr. For Feb 2017 Expiry, FII and DII together are net buyer of worth Rs. 1046.18 Cr.

In Index Options, yesterday, FII have sold 74514 contracts and Pro have sold 17700 contracts. Combined there has been a net sell of 92214 contracts.

In Index Futures, last trading day, FII have sold 4322 contracts and Pro have bought 4553 contracts. Combined there has been a net sell of 231 contracts.

Important events to watch out

• 1st Feb Union Budget 2017-18
• 1st Feb 12.30 midnight Federal Reserve Monetory Policy (market will take impact of it on 2nd Feb)
• 8th Feb RBI Monetory Policy
• 11th Feb to 15th Mar UP Election

International Market Morning Update:

Fed will announce its monetary policy today at 12:30 mid night, expectations are to keep interest rate unchanged. However traders are likely to keep a close eye on the associated statement after rate decision.

S&P 500 yesterday made a low of 2262 and closed at 2274.50 and is currently trading at 2275.75.

German Index Dax is gradually approaching near its weekly support of 11506 below which next level is 11423 and yesterday closed at 11593. The Index has been trading in a negative zone from last 4 trading sessions.

MSCI Emerging market Index is trading at 909.86 and yesterday’s low was at 907. Recently the index made a high of 1919. Immediate support for the index is at 907 below which next target is 902.

Data as on 27th January 2017. The % change is taken from previous day's close.

DISCLAIMER:

Research Team - Tel: 033-30010001, write to us at clientsupport@dynamiclevels.com to give feedback. Website:www.dynamiclevels.com

1. The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision 

2. Past performance is not an indicator of future returns.