Nidhi Broking Services Pvt. Ltd.

14/01/2021

13/01/2021

A very Happy Lohri & Makar Sankranti to the NBS Family.

We burn Lohri to carry our messages and prayers to the sun god so that he blesses us with warmth to help crops grow & keep us prosperous.

We wish & pray that our farmers have plentiful crops and a good harvest season 🙏🏻

12/01/2021

The youth of today are the leaders of tomorrow.
History has always been shaped by the power of youth..

01/01/2021

May you explore wonderful opportunities
May this year bring you success and happiness
Happy New Year!🤝

29/12/2020

2020 has been one of the toughest years for people all over the world, but with our collective strength we have managed to come out even stronger.

As goes the common saying, tough times make tougher men/women.

Here is our review of what we considered as some of the most defining moments of the markets in 2020.

Tell us if we missed any?

28/12/2020

Namaste!

Despite a volatile year both broader market indices (Sensex & Nifty) have generated 13.5% & 12.8% returns.

This signifies the importance of staying invested & averaging when the markets are down. SIP is the most convenient tool to perform this task of averaging.

Attached here with is our mutual fund recommendation for the December 2020. This will give lucrative returns to investors with a long term investment horizon.

Kindly go through them & consider starting an SIP in any of the following:

28/12/2020

RBI SOVEREIGN GOLD BOND Series IX.

Date: 28 Dec to 1st January 21,

999 purity Gold by RBI.

8 year bond with exit option after 5 years.

Minimum Size: 1 gram || Price ₹4,950/gram

Redemption price: Avg. 3 day price of 999 purity Gold.

Sales on: BSE/NSE

INTEREST on Gold bond: 2.5% p.a paid semi annually.

Bond can be used as collateral similar to physical gold with exact Loan to Value (LTV) ration.

Tax Treatment:

Interest on bond taxed as per your income tax slab.

Capital gain on redemption of bond is exempt of any tax.

NBS Observation: Superior to Gold ETF/Physical Gold, due to interest income and captial gain tax exemption.

25/12/2020

A Very Merry Christmas 🎄 and Happy New Year from NBS to you & your family 🎆.
May all your wishes come true in form of beautiful gifts, and remember; no one is ever to old to stop beliving in Santa🎅🏻

23/12/2020

Celebrating the sons of soil; our farmers.

A very happy farmers day.
Farmers are an essential and indispensable part of our life's and the country's economy, their growth and prosperity will push the country forward.

Just like NBS is your partner in prosperity, farmers are partner in the country's prosperity.

Jai Jawan...Jai Kisan...🙏🏻 🙌🏻

16/12/2020

*NCL Industries Ltd.*

CMP: ₹144
Book Value: ₹117
Face Value: ₹10
Mkt Cap: ₹654 Crore
EPS: ₹19.5
P/E Ratio: 7.4 Times
Debt/Equity: 0.54 Times
*Promoter Stake: 42%*
*FII/DII Stake: 18%*

NCL is a small cap cement company, from Telangana, they have a growing revenue and PAT margin of 12.5%

*NBS Observation*

NCL looks like the ideal candidate for a multi-bagger stock, it also has the highest revenue among all small cap cement manufacturers and most consistent revenue stream.

*NBS Target*
₹245 (70% Upside)

15/12/2020

CEAT Limited is an Indian tyre manufacturing company owned by the RPG (Rama Prasad Goenka) Group. As of date, CEAT is one of India's leading tyre manufacturers and has a presence in global markets.

CMP: ₹1,150
Book Value: ₹724
Face Value: ₹10
Mkt Cap: ₹4,687 Crore
EPS: ₹67.6
P/E Ratio: 17 Times
Debt/Equity: 0.5 Times

CEAT group will benefit from the curb on imports of cheap China made tyres which earlier ate into it's 2 wheeler market share. The revival in sales of 4-Wheeler and other commercial vehicle is also a positive sign for tyre industry.

The construction and modernization of India's Road, HIghway and Expressway networks will increase sale of vehicles and in turn sales of tyres.

The company is attractively valued compared to peers and has great growth potential in the coming years, CEAT group also has tremendous export potential and is a globally recognised tyre brand.

*NBS Observation*

*CEAT has seen recovery in their PAT margins, and growth in Top Line Revenue/Sales, which will naturally improve the net profit, they have vertical integration as they own rubber plantations in India and have R&D centers in India as well as Germany. Overall we have a positive outlook on the stock.*

*NBS Target*
*One Year: ₹1,500 (+30%)*
*Long Term: ₹1,850 (+56%)*

14/12/2020

*Gujarat Fluorochemicals Ltd (GFL)*

* Current Price: ₹585.00
* Equity Capital: ₹11 Crores
* Price/Earnings: 31 Times
* Exp. EPS FY 2021-22: ₹24
* Proj. FY 21 P/E: 35 Times
* N.P. Margin 2020-21: 14%(est.)
* Debt to Equity: 0.4 times
* Book Value: ₹336
* Price/Book: 1.75 times
* Promoter Holding: 68%
* FII/DII Holding: 17%

Gujarat Fluorochemicals manufactures fluoro chemicals, fluoro polymers and refrigerants.

The results of the first half of the financial year shows that the half year profits have more than doubled in FY21 at Rs 141 cr as against Rs 61 cr during the corresponding period in FY20.

*NBS Observation:*

*GFL will be benefited from antidumping duty that will be applied to some products in which they have business interests, and also from their growing profit margin and market share.*

*NBS Target Price: ₹840*
*(42% upside in 1 year)*

Disclaimer: Investments in Equities are subject to market risks, please contact your financial advisor or assess your risk appetite before taking investment decisions.