fairwealth equity researchsmartinvestor.business-standard.com/bscms/pdf/rcom...prakash c prakash. p...
Post on 29-Mar-2018
215 Views
Preview:
TRANSCRIPT
Techn
Fa TEC
CM
Price Per
AbsoluteRel to Ni
Sharmila J Sharmila.j +91 09320 Prakash C Prakash.p +91 93133
Bloomb
Market
Face Va
Book V
EPS (Rs
Dividen
52 week
Daily Av
Listed A Equity c
(Rs Cr)
NET SALES
EBITDA
PAT
OPM %
NPM %
EPS (Rs)
no Funda Ca
airWeal
CHNO FU
P: Rs 103
rformance %
1M 3M
e 6.4 (1fty 8.5
(8
Joshi oshi@fairwealt159211
Chandra Pandeypandey@fairwea337742
berg Code
Cap (Rs bn/USD
alue (Rs)
Value (Rs)
s)
nd Yield
k H/L (Rs)
vg. Vol (mn)
At
capital (Rs cr)
Q3FY11
S 4824.58
1667.72
525.69
34.57
10.90
2.33
all- RCOM
lth Equ
UNDA CA
3; SL: R
M 6M 12M
7.3) (36) (33.7) (28)
(37
th.in
y alth.in
RCO
D bn) 212. 5 244.
11.3 0.80
207.
5.3
NSE
1032
Q3FY10 VAR %
5128.97 -5.9
1789.83 -6.8
1164.06 -54.8
34.90 (33bps
22.70 (1180bps
5.37 -56.6
uity Res
ALL – RE
Rs 83;
M 3.8) 7.6)
Rt1as
OM IN
59/4.67
66
7
%
80/84.50
E/BSE
2.01
% 9MFY11
90 14812.13
80 4958.73
80 1315.23
s) 33.48
s) 8.88
60 6.37
search
ELIANCE
Target: R
INVESTM • The country
up the laddethe metros oconstraints offer an exc
• Reliance Coenabled conoptic cable s
• Reliance C
service suppsolely to offcricket matc
Valuations(CBD) which with the launccompany is expthe current prFY11E and Ftarget price Rs
Reliance Coelecommunica
132 million incamong the topingle country.
E COMM
Rs 155;
MENT TH
y's second bigger, in an all Indof Delhi, Mumbon 2G in thesellent 3G user
ommunicationsnnectivity infrasystems in Indi
Communicationplier and TELiffer up video uches for all cric
: With the appwill lead to sa
ch of new 3G xpected to showrice of Rs 103
FY12E EPS of s 155.
ommunicationations service cluding over 2
p four Telecom.
MUNICAT
Upside:
HESIS
gest mobile nedia bid for 3G bai and Kolkatse circles. Thisexperience.
s owns and opeastructure, comia, USA, Europ
ns, the countryibrahma, a keyupdates in addcket buffs.
pproval of Rs avings of Rs 5services leadi
w healthy numb3, stock is tradRs 8.5 and Rs
s is Indiaprovider. The
2.5 million indm companies i
TION LT
50%;
etwork operatospectrum and
ta and is the ons advantage pu
erates the worlmprising over pe, Middle Eas
ry's biggest iny provider of mdition to replay
8700cr loan b500 crore annung to the addi
bers for currending at 12.1x s 9.4. We thus
a's foremoste Company, wdividual oversn the world b
TD
22
Horizon:
or by subscribed has won 13 cinly operator wuts it in a uniq
ld's largest nex277,000 kilom
st and the Asia
ntegrated telemobile solutionays from the IC
by China Devually in intereition of more s
nt and subsequeand 10.95x of
s recommend
t and trulwith a customeseas retail cus
by number of c
2nd March 2011
6 Months
ers, has movedircles including
without capacityque position to
xt generation IPmeters of fibrPacific region
communicationns, inked a deaCC World Cup
elopment Bankest payouts andsubscribers thent quarters. Af our estimated‘BUY’ with th
ly integrateder base of ovestomers, rankcustomers in a
1
s
d g ty o
P e
n.
n al p
k d e
At d e
d r
ks a
Techno
RCOM
R-COM: Ilevel of Rspattern staEvery TRUand this Ctouched thWith the cis TRUNCThe minimto accumuloss again Our interpstrong buy
Funda Call‐
M TECHN
In our view is s 845 to the levarted in the moUNCATED PAC-wave has to he level of Rs 8completion the CATED the up mmum target priulate strategican we will be ab
pretation will oy in the stock w
‐ RCOM
NICAL OU
making a “TRvel of Rs 131.3onth of June 20ATTERN has th
be lower than84.25 on dated
C-Wave, it memove is alwaysce of the stockally for the minle to get our co
only get wrongwith the Stop L
UTLOOK
RUNCATED ZI35 on 13th Mar009 with the prhree parts that n end price of1st March 201
eans the consols very fast like
k is Rs 690-707nimum investmost price in the
g if the stock woss below Rs 8
IG-ZAG” a rarrch 2009 whichrice of Rs 359.t is A-B-C. Nowf A-wave that i1. lidation phase a spike.
7 within 30-36 ment of 3 years e pull back rally
will close below83 for the targe
rest pattern eveh is called the 1
w the stock is iis Rs 131.35 a
is over. It is ve
months whethewith the STOP
ly.
w Rs 85 on the et of Rs 155 fo
er seen. The co1st part of the T
in the C-wave and in our opin
ery interesting
er we buy at CP LOSS OF BE
weekly basis bor 6 months and
orrection startTRUNCATED
which is usualnion the C-wa
g that after the
CMP or on declELOW Rs 84. If
but the chance d long term tar
ted from 11th JaPATTERN. Th
lly called a conave is complete
completion of
line till Rs 85-If our price goe
are minimal. rget of Rs 232.
Jan 2008 from the 2nd part of th
nsolidated peried with the pr
f correction wh
90. So it is betes below the st
We recommend50.
the hat
iod rice
ich
tter top
d a
Techno
BUY
ACCUM
REDUCE
SELL
NOT RA
Name
Sharmila
Prakash P
Preeti Gu
Varun Kh
Suvarna B
Tanisha J
Shakti Ra
Ankit Ma
Jitender
Nidhi Pah
K.K. Mad
Hunny Ta
Pervez Da
Name
Lokeshh G
Archana B
Rajan Bh
Funda Call‐
MULATE
E
ATED
Joshi
Pandey
upta
hanna
Binjola
Jolly
ajpal
anuja
hwa
daan
arika
anish
Gowda
Bhui
atia
‐ RCOM
The
The
The
The
The
Des
Head
AVP
Sr. R
Rese
Rese
Rese
Rese
Rese
Rese
Rese
Head
Sr. T
Sr. T
stock's total retu
stock's total retu
stock's total retu
stock's total retu
Analyst has no r
ignation
d-Equity
P- Research & P
Research Analys
earch Analyst
earch Analyst
earch Analyst
earch Analyst
earch Analyst
earch Associate
earch Associate
d-Technical
Technical Analy
Technical Analy
Designation
Senior Manager
Trader
Dealer
Stoc
urn is expected to
urn is expected to
urn is expected to
urn is expected to
recommendation
Fundament
PMS
st
Technical
st
st
Instit
r
ck Ratings
o exceed 15% ov
o be within 10-1
o be within 0-10
o give negative r
n on the stock un
tal Research T
Ema
sharm
prak
preet
varu
suva
tanis
shak
ankit
jiten
nidh
l Research Te
kam
hunn
perv
tutional Desk
ver the next 12 m
15% over the nex
0% over the next
returns over the
nder review
Team
ail ID
mila.joshi@fairw
kash.pandey@fai
ti.gupta@fairwe
un.khanna@fairw
arna.binjola@fai
sha.jolly@fairwe
kti.rajpal@fairwe
t.manuja@fairw
nder@fairwealth
hi.pahwa@fairwe
eam
al.madan@fairw
ny.tarika@fairw
vez.danish@fairw
Email ID
lokeshh.g@fa
archana.bhui
rajan.bhatia@
months
xt 12 months
t 12 months
next 12 months
wealth.in
irwealth.in
ealth.in
wealth.in
rwealth.in
ealth.in
ealth.in
wealth.in
.in
ealth.in
wealth.in
ealth.in
wealth.in
fairwealth.in
@fairwealth.in
@faairwealth.in
Techno
DisclaimerThis publicinformationFairwealth decision takavailable tpublishing positions in
FAIH.OPhoWeb FAIUniSam400Ph:
DelhTow32214011BangbesiH.J.H4030
Funda Call‐
r: cation has been sn contained therSecurities Ltd dken based on theto investors wheany individual n
n securities refer
IRWEALTHO.: Plot No. 6one: 0124-30bsite: www.F
IRWEALTHt No,12,2ndF
machar Marg001, 022-307200
hi: UG‐3, Somwer, First Floor18508 Kol19500‐02‐03 glore, Karnatdes Lal BungHouse, Opp IG04461, 62636
‐ RCOM
solely prepared rein has been obdoes not bear anye same. Further Fen they are regnames with its rrred herein and m
H SECURIT651-652, Ud024400, FaxFairwealth.in
H INSTITUTFloor, Sonawg, Opp BSE,
056-68, Fax:
mdutt Chamber, New No: 52lkatta: No.1&
Bangaloretaka – 56001low , Green LGP Petrol Pum6465.
for the informatbtained from souy responsibility Fairwealth Rese
gistered clients oreports. As per Smay make purch
TIES LTD.dyog Vihar, P: 0124-3024n . Email: in
TIONAL DEwala, ApolloFort Mumb
: 022 30722
ers II, Bhikaji 22, Old No: 7&2, 3rd Floor,e : Shop No –11, Ph‐080‐41Lands, Road Amp, near Ram
ion purpose andurces believed refor authenticatio
earch report onlyof Fairwealth InSEBI requiremenhases or sale whi
Phase-5, Gu4474 nfo@fairwea
ESK o Building, Mai- Maharas
787
Cama Place,06, P H Road,, Tobacco Jou– 54, 1st floo1172604/605Ameerpet, Hy
mbagh Police S
d does not constieliable investors on of the informay provides informnvestment advisnts it is stated thle this report is i
urgaon 1220
alth.in
Mumbai shtra -
, New Delhi‐1d, Aminjikarai,use, Old Couror, 12th Main5 Hyderabyderabad – 5Station, Man
itute a solicitatioare advised to s
ation contained imation updates asory services. Ahat, Fairwealth sin circulation.
01 (Haryana
110066 , Ph : , Chennai‐600rt House Stren Road, 27Th ad : Shop No500016, Ph‐04ni Nagar, Ahm
on to any person satisfy themselvin the reports an
and analysis. All As a matter of securities Ltd, an
a)
011‐46091110029. Ph‐044eet, Kolkatta, Cross Road, o.8, Ground 40‐40037218medabad, Guj
to buy or sell a ves before makinnd consequently
opinions for buypractice, Fairwend/or individual
18 Chenn‐42698796, 4WB‐700001.04th Block JaFloor, Meridi8. Ahmedaarat‐380009.
security. While ng any investmeis not liable for ying and selling ealth refrains frls thereof may h
nai: Rahab 42698834, . Ph‐ 033‐ayanagar, ian Plaza, abad: 108, Ph ‐ 079‐
the ents. any are rom
have
top related