Recommendations from Media-Entertainment and Finance-Housing Sector
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Dalal Street Investment Journal India's No 1 investment magazine selects two aggressive stock picks in every issue, with a 15 day horizon based upon the bullish trend during that period. For this issue, we are recommending companies from the Media-Entertainment and Finance-Housing Sector in Hot Chips Column
Balaji Telefilms
Balaji Telefilms is one of the largest television and cine production houses in India, South Asia, South East Asia and the Middle East delivering Hindi and regional content. Aiming for a bigger play in the regional space, the company is planning to launch 10 shows in Bengali and southern languages as well as looking for tie-ups with local partners. The company could also look at launching its popular Hindi shows in regional languages. The company is having plans to have three to five shows each in Bengali and southern languages by the end of FY16. On its movies division, the company has a strong pipeline of movies in the next 12 months and “Kyaa Kool Hain Hum 3” will be released on January 22, 2016. Moving ahead, Box Cricket League will be aired on Colors from 28 February, 2016. In H1FY16, the company reported three fold jumped in consolidated net profit of Rs 9.38 crore as against Rs 2.98 crore.
GIC Housing finance
GIC Housing finance has predominantly focused on small ticket loans in the suburbs of Mumbai and the company is largely focused on the retail side. The management is now looking to grow its loan book more aggressively and has increased its geographic spread through multiple branches which is expected to continue to grow. The company has reported net profit of Rs 29.79 crore in Q2FY16, registering growth of 15.33 per cent and interest income (NII) at Rs 66.09 crore, registering growth of 21.28 per cent Y-o-Y. For six months ended September 30, 2015, the company’s net profit grew at 13.38 per cent to Rs 58.04 crore and NII grew at 19 per cent to Rs 126.47 crore. The potential rise in urban households will also be a potential customer base for housing finance companies. Currently the stock is available at 1.53 time of its price to book value.