Reviews

GABRIEL INDIA

Ticker: 505714 FV: Rs.1
52-Week H/L: Rs.216.90/ 128.70

We had recommended Gabriel India to our readers in Volume no.34, Issue no.11 (dated January 1, 2018), when the scrip was trading at Rs 196.9. Our recommendation was based on factors such as its expansion plans and strong financials. Since our recommendation, the stock has reported stable numbers with an increase in PAT by 31 per cent in Q1FY19 as compared to the same quarter of previous financial year. However, the rising cost of raw materials are likely to have an adverse impact on the company's profitability as Gabriel's raw material cost forms almost 70 per cent of the revenue. Further, the stagnant automobile sales in the domestic market is likely to have an impact on the company's topline. Thus, considering all the above factors, we urge our reader-investors to EXIT this counter. 



UNIPLY INDUSTRIES

Ticker: 532646 FV: Rs.2
52-Week H/L: Rs.98.3/51.01

We had recommended Uniply Industries to our readers in Volume no. 34 Issue no. 28 (dated April 30, 2018) when the scrip was trading at Rs 94.79. Our recommendation was based on factors such as robust financial growth and positive industry outlook. Recently, the company has added Construction business to its portfolio and exited the Wood Products business completely. The Construction segment majorly contributed to the 83.2% yoy growth in company's revenue. Also, significant new capital infusion is a positive factor. We see considerable growth potential in the coming quarters. We see that the stock is not performing well, but as the stock is undervalued, we recommend our investors to HOLD the scrip.