Showing posts with label #niftyupdate. Show all posts
Showing posts with label #niftyupdate. Show all posts

Gail _india_ Ltd Live BSE Share Price today

GAIL – Q2 FY20 (Unaudited – Cons.)
Share price – 127

Total revenue from operations at 18,249 Cr
19,352 Cr (-5.72%) YoY | 18,481 Cr (-1.22%) QoQ

Half year revenue: 36,731 Cr Vs. 36,926 Cr (-0.52%)

Net Profit of 1,168 Cr
1,789 Cr (-34.73%) YoY 1,503 (-22.17%) QoQ

Half year ending Net Profit: 2,671 Cr Vs. 3,232 Cr (-17.32%)

EPS (in Rs.) 2.59
3.96 YoY | 3.33 QoQ

Half Year ending EPS: 5.92 Vs. 7.16

View: The result is below expectations and down. Although YoY revenue marginally down but profit significantly down in YoY. QoQ also profit and revenue both down.

Business Highlights & Updates:

Q2FY20 EBITDA is around INR 1890 Cr Vs. 2925 Cr in Q2FY20. H1FY20 EBITDA is around INR 4,407 Cr Vs. 5,382 Cr in H1FY19.

GAIL has basically diversified company with the major topline of Natural Gas – 6%, Natural Gas marketing -74% Petrochemicals -7%, City Gas – 6% and others – 9%.

YoY topline growth for Natural Gas down by more than 7%, Natural Gas marketing down by 7%, Petrochemicals down by 8%, City Gas down by 3%. So all segment topline growth declined.
YoY bottom-line growth for Natural Gas declined by 10%, Natural Gas marketing declined by 70% (significantly down – Negative impact), Petrochemicals down by 150% (Also loss-making in this quarter), City Gas up by 71% (Very small portion around 53 Cr profit).

ROE and ROCE are around 13.7% and 22% respectively and book value per share is around 192 and share is currently trading at 0.6x of its book value. The company is currently trading at annualized PE of around 13 which is fair as per Industry benchmark. Promoter (Govt of India) is holding around 52.6% in the company, FIIs and mutual funds hold around 18.8% and 9.1% in the company. The good thing is the company has very small debt and current debt-equity ratio is around 0.03:1 which is very fair. The company has a strong net worth of around INR 40,925 Cr.

Share price high 189 and now 127 almost 32% from their peak due to YoY and QoQ performance continuously declined and also effecting operation efficiency and also news floating around for transferring of their main business. Gail Limited is the Government of India undertaking company. Gail is the largest state-owned natural gas processing and distribution company in India. It is headquartered in New Delhi. It is a state-owned enterprise of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas.
Current news also indicates that Govt wants to exit the oil & gas business.

Share is in the bearish zone and continuously performance impacted. Support is INR 115.

Disclaimer: Views are shared based on market research and study and personal in nature. Others can take different views and opinions. Free stock tips

The Stocks in news:


Lupin:
launches Mycophenolate Mofetil capsules USP.

Garden Silk Mills:
Withdrawal of invitation for bids and sale of financial assets/loan account of the company.

Wipro:
completes the acquisition of International TechneGroup Incorporated (ITI).

Care Ratings reaffirmed Long Term Bank facilities rating as CARE A; stable.

JSW Steel:
raised $400 million by allotment of fixed-rate senior unsecured notes.

Eveready Industries:
appoints Roshan L Joseph as an independent director of the company w.e.f. October 04, 2019.

Prakash Industries:
CARE Ratings reaffirmed the credit rating CARE BB (Double B) with a stable outlook for bank facilities of the company.

Ashok Leyland:
The company's plants at different locations will be recognizing non-working days ranging from 2-15 days, in October.

What is the difference between commodity and stock market?

What is the commodity market?
The commodity market mainly deals with Raw Materials (raw material). To better understand the concept of the commodity, we can take these examples that if a chair is created for someone to sit or whatever item is used by someone, then trading is called commodity. Any item that does not come in the commodity market, which has been produced to meet any interest or hobby. The commodity market fluctuates in every trading time.

In this approach, it is very important to keep in mind the effect of every step of the future market. which is represented by the Commodity Tips Expert team.so that you should consult a commodities expert.

Some types of commodity: -
1)MC: Total money spent on the commodity.
2)CM: Commodity sold for money.
3)MM: lend money, which will make more money from its interest.
4)MCM: Using the money to buy commodities and resell for more money.
5)Spot Trading: Spot Trading is a purchase in which the product is immediately supplied.
6)Forward Contracts: Exchange of products on the date fixed between the two parties.

First, if you want to start commodity trading, you will have to open your trading account, through which you can buy and sell any type of deal in the commodity exchange. And secondly, you should also take into account that when opening a trading account, the broker's opening trading account here should be a member of the Multi Commodity Exchange (MCX) and National Derivatives Exchange (NCDEX).

What is the stock market?
The stock exchange is where the buying and selling of shares marketplace. The stock exchanges are regulated by SEBI (Securities and Exchange Board of India). The two important stock exchanges of India are NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). You can also sell ownership in the company. if you wish to lift cash from the general public. This means you have other people give you money and they have a share in the profits (and losses) of the company. These ownership shares are called shares of stocks. The exchange is a crucial part of the economy of a rustic. The exchange exists so that corporations will raise cash while not acquisition any debt (such is that the case of a loan).

Example: A has 200 outstanding shares and the share price is Rs. 30, then the market capitalization of the company will be 30*200=Rs. 6000 Types of Stocks Market:
1.Large-cap stocks:
2.Mid cap stocks:
3.Small-cap stocks

What are the Different Stock broker in Indian Stock Market?


The work of a broker is very important in the stock market, the stockbroker acts as a link between the stock exchange and the investor. Without a broker, no investor can put his deal in the stock market. If you want to step into the stock market, you need a demat account and a trading account, and both of these accounts can be opened by a stockbroker. It is also the job of any stockbroker to take the order of buy or sell by any investor to the stock exchange. You must be wondering if the stockbroker charges all these deals? So yes stockbroker charges you a fixed fee for each order which we call brokerage (brokerage). Friends brokerage every stockbroker is different. It depends on you stockbroker how much brokerage he takes.

There are two main types of stockbrokers based on the service offered by the stockbroker in India.
1. Full-Service Stock Broker
2. Discount Stock Broker

Full-Service Stock Broker:
Full-service stockbroker fees are very high. The main reason for this is that full-service stockbrokers provide a lot of service to their clients. Such as stock advisory (ie when to buy which shares, when to sell), the facility of margin money to buy stocks, the facility to trade on mobile phones, the facility to invest in IPO, besides the customer service of full-time stockbroker is considered very good. They all have brokers or branches in many cities. Some of the most popular brokers in full-service stockbrokers are - ICICI DIRECT, SHERKHAN, HFL, HDFC SECURITIES LTD, etc.

Discount Stock Broker:
Friends discount stockbrokers are much cheaper than full-service stockbrokers. Discount stock brokers allow their clients to buy and sell shares with very low brokerage. Discount stock brokers charge less because they do not provide stock advisory and research facilities to their clients. And they also have offices in some big cities. Their work is more online, the work of opening their account is also done online, so their fees are less. There are some popular discount brokers in India - ZERODHA, SOUTH ASIAN STOCK LTD, MASTER CAPITAL SERVICES LTD, etc. Get Expert Advice on the Indian Stock market. Invest right and build your wealth.