Hem Securities’ research analysts, which includes wiz-kids Vineeta Mahnot and Astha Jain, have shown an incredible sense of timing with their respective stock picks. In just a matter of weeks, investors who followed their stock picks have taken home hefty gains.
|
Stock |
Reco Date |
Reco Price |
CMP on 06.12.2013 (Rs) |
Gains (%) |
|
Vaibhav Global |
23.08.2013 |
Rs. 176 |
420 |
138 |
|
31.10.2013 |
Rs. 288 |
46 |
||
|
Suven Life Science |
12.10.2013 |
Rs. 46 |
69 |
50 |
|
Tata Elxsi |
25.11.2013 |
Rs. 253 |
314 |
25 |
On 23rd August 2013, Hem recommended a BUY on Vaibhav Global when it was quoting at Rs. 176. When the stock surged to Rs. 288 on 31st October 2013 in the wake of stellar quarterly results, Hem Securities made an upward revision in the stock price and reiterated a BUY. At today’s CMP of Rs. 420, investors who heeded the first buy call have taken home an incredible return of 138% while investors who heeded the second buy call have a return of 46%.
Vineeta Mahnot of Hem Securities homed in on Suven Life Science on 12th October 2013 when the stock was languishing at Rs. 46. She was attracted by Suven’s growing product pipeline, efficient business model, CRAMS business growing sharply, strong research and development ability and healthy relationships with huge global pharma companies. Vineeta Mahnot confidently predicted that Suven Life Sciences’ revenue stream looks visible and recommended a BUY.
Suven’s Q2FY 2014 results were spectacular. It reported an over seven-fold increase in standalone net profit for the second quarter ended September 30, 2013. Its net sales during Q2, 2013-14 were at Rs 151.41 crore as against Rs 50.25 crore in the year-ago period.
The stock surged to an all-time high of Rs. 83 on 12th November 2013. It is presently at Rs. 69, giving shareholders a 50% return in just about 7 weeks.
Astha Jain of Hem Securities recommended Tata Elxsi on 25th November 2013 when the stock was trading at Rs. 253. Again, the logic was sound. Astha Jain was impressed by the results that Tata Elxsi had delivered so far and its reasonable valuations. She pointed out that the then CMP of Rs. 252.85, Tata Elxsi was trading at 16.10x FY14E EPS of Rs. 15.70 & 14.14x of FY15E EPS of Rs. 17.88. Astha Jain confidently recommended a ‘BUY’ with a target price of Rs.315.
After that there was no looking back for Tata Elxsi. It shot up like a rocket to Rs. 344 on 5th December. It is currently at Rs. 314, giving a return of nearly 25% in just about 2 weeks.
So, now all investors are waiting eagerly for Hem Securities’ next stock pick!
Leave a Reply