Dynamic Levels Broker Research reports

Heidelberg Cement offers a wide range of high quality products. Alongside classical building materials, they produce special building products for diverse applications. Their core activities include the production and distribution of cement and aggregates, the two essential raw materials for the manufacture of concrete. Their product range is substantially complemented by downstream ready-mixed concrete and asphalt activities. Furthermore, Heidelberg Cement offers services such as worldwide trading in cement and coal by sea. Heidelberg Cement...

Tata Coffee is one of the finest manufacturers and marketers of instant coffee in the world. The company, as a part of the Tata Group, owns 19 coffee estates in the Southern India. The estates of the Company are spread across the districts of Coorg, Chickmaglur, and Hassan in Karnataka and Valparai district in Tamil Nadu. The global market for instant coffee has more than tripled in size since the year 2000 and is slated to continue its growth. And growth is...

Banco Products (India) Limited is company that is engaged in the business of manufacturing Gaskets and Radiators. The company also exports aftermarket radiators. Banco operates in one segment namely automobile ancillary business. The product portfolio of the company includes radiators, air coolers, Rubber Cork Gaskets, Aluminum Edge Moulded Gaskets, Steel Fiber Composite Gaskets and many more. These products are considered critical components in sealing and cooling applications of Automotive, Power,...

Mangalam Cement Profit after tax has turned positive from last two quarter, the company has registered a growth of 6.66% in its quarterly sales from Rs. 210.23 crs in Q4 FY16 to Rs. 225.17 crs in Q1 FY17. The company has lowered down its total expenditure by 16.97% YoY from Rs. 224.18 crs in FY16 Q1 to Rs. 186.12 crs in FY17 Q1.Company’s operating Profit showed jump of 57.01% in QoQ with operating profit margin of 17%. Net Profit margin stands at 10.08%, and Net profit jumped by 60.25% QoQ. Company has zero down its promoter pledge from 51.86% in FY16 Q3.

Mangalam Cement started commercial production in March 1981 with an installed capacity of 4 lakh tonne per annum of Cement. The Company then took up two further expansion scheme envisaging increases in the installed capacity from 4 tonne per annum to 20 lakh tonne per annum in between 1994 to 2005. The Company has recently expanded its capacity from 2.0 MTPA to 3.25 MTPA upgrading its Kiln I capacity by 0.5 MTPA in 2013 and establishing a New Cement Mill of 1.25 MTPA in 2014. They recommend BUY in Mangalam Cement @ 350 with the target of 395.

JBM Auto Limited, established in 1996, is the flagship company of the USD 1.35 Billion diversified JBM Group. The Company is an automotive company that manufactures key auto systems and city buses. The Company over the last two decades has focused on technological excellence and is supplying products to almost all major OEMs in India. JBM Auto aims to be a pioneer for initiatives related to sustainable transportation solution aiding towards passenger comfort and safety.

They initiate coverage JBM Auto as a BUY @218 with a target of Rs 280 representing a potential upside of 28% from the buy price, JBM Auto share price is trading at a PE of 16.8.

Shriram Group is one of the largest financial conglomerates significant presences in small enterprising financing, commercial vehicle financing business, retail finance, life and general insurance, stock broking, chit funds and distribution of financial products. The group is also present in businesses such as property development, engineering projects and information technology.

They initiate coverage on Shriram City Union Finance Ltd as a BUY @2100 with an immediate target of Rs 2350 representing a potential upside of 12% from the buy price. Shriram City Union is trading at a PE of 24.64.

DCM Shriram Ltd. is a leading business conglomerate with a group turnover of Rs. 6,050 crores. The business portfolio of DCM Shriram comprises primarily of two types of businesses.Agri-Rural Business: Urea & SSP fertilizers, Sugar, Farm inputs marketing such as DAP, Crop care Chemicals, Hybrid Seeds.

They initiate coverage on DCM Shriram Ltd as a BUY @210 with a target of Rs 280 representing a potential upside of 33% from the buy price. DCM Shriram Ltd is trading at a low PE of 10.65.

Meghmani Organics Limited, a 6000 million Rupees company is one of the largest producers of color pigment in the world. Sound fundamentals, outstanding export performance, strong presence in the domestic market and a focused management team has seen Megmani Organics grow at a compounded annual growth rate of 17% and profits 10% over the past 3 years. Meghmani is also one of the largest producers of pesticides in India. More than 80% of the company's pigment products and over 50% of...