Stock Pick From Marine Port & Services And Textiles Sector.
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DSIJ 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 Marine Port & Services And Textiles Sector.
ADANI PORTS AND SPECIAL ECONOMIC ZONE
CMP: Rs. 273
BSE Code: 532921
Volume: 844723
Face Value: Rs. 2
Adani Ports and Special Economic Zone (APSEZ) segments include port and Special Economic Zone activities and others. On financial front, APSEZ’s revenue increased by 6.52 per cent to Rs.1827 crore in Q1FY17 as compared to the same period in the previous financial year. The company’s EBITDA too rose by 4.74 per cent to Rs.1170 in Q1FY17 on a yearly basis. APSEZ’s EBITDA margin contracted by 110 basis points to 64.04 per cent in Q1FY17 as compared to same period in previous financial year. Its net profit also boosted by 30.82 per cent to Rs.835 crore in Q1FY17 on yearly basis. APSEZ’s net profit margin expanded by 849 basis points to 45.72 per cent in Q1FY17 as compared to the same period in the previous fiscal year. The company’s cargo volumes increased by 7 per cent to 42.33 MMT in Q1FY17 on yearly basis. Its container volume rose by 27 per cent as compared to the same period in the previous financial year.
SYBLY INDUSTRIES
CMP: Rs. 12.24
BSE Code: 531499
Volume: 17457920
Face Value: Rs. 10
Sybly Industries is in manufacturing of polyester yarn and trading in fabrics. On financial front, its revenue increased by 46.67 per cent to Rs.23.19 crore in Q1FY17 on yearly basis. Sybly Industries’ EBITDA jumped by three times to Rs.1.28 crore in Q1FY17 as compared to the same period in the previous fiscal year. The company’s PAT grew to Rs.0.98 crore in Q1FY17 on a yearly basis. Sybly Industries is all set to increase capacity from 10000 spindles to 20000 spindles. It is in talks with three manufacturers based in Punjab, Haryana and Uttar Pradesh. It has also successfully ventured in the retail thread market with its branded products 'Dagger' & 'Sybdura Poly'. The company has plans of strategic tie-ups over the next couple of years.