Buy Sell Stock Tips & Recommendations On Company: Reliance Power
|Date||Stock Expert||Stock||Buy or sell advice|
|May 20, 2017||Sanjiv Bhasin||Coal India, Dr Reddy, Lupin, Reliance Power, Sun Pharma||You can also look at some of the pharma stocks which we are very very bullish with a slightly longer term view as a contrarian play for a weaker rupee and most of the bad news being priced in. So Dr Reddy, Sun and Lupin are looking very good and as a beneficiary of GST.
People are overlooking the lowest cost for coal which means Coal India. There is 8.5% dividend yield and the whole coal logistics front has been very well sorted out by the government which means that the power producers and the fertiliser companies will have a streamlining of both on the volume and on the price front which is a win win for companies like Coal India and as a midcap, Reliance Power would also be a very big beneficiary of that. We are overweight on both those stocks.
|May 7, 2017||Sanjiv Bhasin||Dish TV, Engineers India, Equitas Holdings, Godrej Properties, Gujarat Pipavav Port, NBCC, Reliance Power||Reliance Power is our dark horse which can be re-rated. The results were far ahead of the market. It should be a big beneficiary of the power, 73% prime load factor and so on.
Gujarat Pipavav is at Rs 160. Compared to the valuation you give Adani Port, the fair value is closer to Rs 225, 43% is owned by APM and there was some rumours of them exiting which the company has denied. The global freight, Baltic Freight Index and the global trade is looking robust so that should be an added beneficiary.
Dish TV has borne the brunt because of the Reliance Jio effect. That is misplaced. Their ad revenues, their subscription base, all are showing a healthy growth and we think that could be an outperformer going forward.
We have been regularly very, very bullish on NBCC, EIL and Godrej Property, buy on decline for a 20% upside by the end of the year.
Equitas Holdings numbers will get priced in. We have a buy on this and a longer term rating of Rs 200. Pedigree management, small-midcap banking licence and most of the weakness as far as the last quarter delinquencies already played out. The asset quality could only improve. Given the professional management, this would be one of the better-better stocks which we have in the microfinance which can actually be an outperformer in the next two years.