1. Kirloskar Brothers Ltd is a 2 rupee face value Industrial machinery company.
2. Year high of Kirloskar Brothers Ltd is 249.92 year low was 162.00 and stock traded at 167.10, Year high/ low ratio is below 2 so as my theory current market price is stable, but if stock down below 125 then this ratio is above 2 in downside ( Although there are no chance to down below 125 because in last 3 year stock not cross 125 in downside but every thing and every price is possible in stock market) in this condition take 125 as a stop loss and use reverse trading system as I described in my book., If you are new reader of my blog and not familiar with my research terms then please see my research terms at this link
3. Promoters of Kirloskar Brothers Ltd hold 63.34 %FII hold 7.41 % and DII hold 9.43%. Promoters not pledged any stok so this is an another good point. See my latest you tube video about pledged stocks finding here
4.Kirloskar Brothers Ltd Give 3.50 to 0.50 rupee dividend in last 5 years but due to net loss in Sept 2015 resulet, I think If profits not improve then dividend may down in next year .
5. No any bonus issue right issue and bulk deals is recorded in last 2 year.
6. Kirloskar Brothers Ltd net sale per share of Fy 14-15 is 204.72.
7. Net sale per share is higher then CMP . One of my respected blog reader ask that why L&T and Cipla like blue chip traded very high above his net sale per share? And It is impossible to down these blue chip at there lower net sale per share. I agree with him actually when we buy below net sale per share then we are more safe and we have more chance to get returns but it does not mean that every stock down till his net sale per share.
8. Book value of Kirloskar Brothers Ltd is 100.28 CMP is higher then book value so in book value concept this stock is not a value buy.
I am not consider book value in my buying because some sector like IT stocks have always low book value and banking stocks have always higher book value.
If this stock down below 125 and you use reverse trading system (read my book for this ) then we use book value to buy it again below 100 as a value buy.
I am not consider book value in my buying because some sector like IT stocks have always low book value and banking stocks have always higher book value.
If this stock down below 125 and you use reverse trading system (read my book for this ) then we use book value to buy it again below 100 as a value buy.
8. Overall this stock is good If available below 160 in coming days.
9. 200 DMA of Kirloskar Brothers Ltd is 198.83 So at CMP 167.10 Kirloskar Brothers Ltd not show positive breakout above 200 DMA.
So If you are a trader then please note this stock is not breakout yet and traded below his 200 DMA. If this stock cross price of 200 in up-trend then it may give decent trading run. Long term investor like me not see price of stock regularly so I am not hesitate to buy at CMP and stocks which traded below 200 DMA
10. Base price of Kirloskar Brothers Ltd is 190.35 So CMP is near 10 % below from base price so as my theory If you buy below 15 % of base price means below 160 then it is a best price for long term.
Click here to download last 3 year closing price with graph
So If you are a trader then please note this stock is not breakout yet and traded below his 200 DMA. If this stock cross price of 200 in up-trend then it may give decent trading run. Long term investor like me not see price of stock regularly so I am not hesitate to buy at CMP and stocks which traded below 200 DMA
10. Base price of Kirloskar Brothers Ltd is 190.35 So CMP is near 10 % below from base price so as my theory If you buy below 15 % of base price means below 160 then it is a best price for long term.
Click here to download last 3 year closing price with graph
11. My recent updates :- See my latest youtube video about how to find out promoters pledged shares in BSE website
12. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time.The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read full disclaimer at the bottom of my blog.
13.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Kirloskar Brothers Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Kirloskar Brothers Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Kirloskar Brothers Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Kirloskar Brothers Ltd). 6. I have been not engaged in market making activity for the subject company (Kirloskar Brothers Ltd).
