Nifty Historical Data: June 2015

Saturday, 27 June 2015

VA Tech WABAG recommend 1 year ago with revised target of 1300 Rs last april 2015
It had reached all time high on 1850 in the month of March 2015
The Stock is split every share gets 1 share as bonus
At current price its is around 1500 Rs Which has surpassed our target.
Though the current quater results are disappointing,the need for clean water will be so high that VA Tech WABAG will be a Water gold in Future and will be loved like OIL companies.
So we suggest investors to continue HOLD this stock with new target of 1500 Rs in 2 Years time frame.
Hope people who follower our earlier recommendation have benefited from our previous recommendations
Old Posting -->http://niftyhistoricaldata.blogspot.in/2014/04/va-tech-wabag-recommend-on-9-4-2013-rs.html

Employee Provident Fund Organization (EPFO) of which all working class in India save there money for retirement will start investing from 5 to 15 % of the money in Market.
This could be a huge game changer in market.Traditionally India depends on FII flows to move the market up.
But with consistent money coming in from LIC and local MF,market has moved to new highs.
But there was always a risk that people pull out the money and then we again depend on FII to move the market.
But with EPFO coming in it could decide the whole game. At 5% investment it around 5000 crores and at 15% investment its around 15000 crores. This is a good amount of money to move the market to new highs and depend less on FII's
Also markets are expecting that this money could be invested in Navratna Government Companies intially and slowly spread to NIFTY stocks.

ASM Technologies is a Mid Size IT and Engineering company which is operating from Bangalore.
The Company seems to be growing consistently through both Organic and Inorganic Growth by about 15 % yoy.
Sales has increased from 62 crores to 110 crores in last 5 years,while the profit has increased from 9 crores to 15 crores in last 5 years.
EPS per share is pretty consistent and and its around 16.5 for year March 2015.
The trend is upbeat for the IT Services, Engineering & R&D, Internet & Mobility and Software Products.
ASM has already embarked into newer technologies in the changing Business Scenario and is consolidating its position as an innovative and nimble organization by offering more services to the existing clients across other geographies and in the process acquiring new clients.
Generally Company enters a client with there Engineering capabilities which is companies core strength and slowly pitch in to IT Services. This is why company has been able to grow consistently and steadily in last 5 years.
Company has consistently paid dividends for the past 5 years consistently and rewarding there Shareholders.
One can invest in this stock and wait for 2 to 3 years and double there investments.