15% @ 90 Days Stock - Credit Analysis & Research Ltd

1. BUY TO SELL STOCKS FOR SHORT TERM GAINS
21st AUGUST 2016
CREDIT ANALYSIS & RESEARCH LTD BUY POTENTIAL UPSIDE: 16.2%
CURRENT MARKET PRICE: 1187.70 TARGET PRICE: 1380.00
BSE Code 534804 Market Cap (Crores) 3515.62
NSE Code CARERATING P/E 28.16
Book Value 164.84 EPS 42.41
Face Value 10 Dividend Yield % 6.55
STOCK RECOMMENDATION

2. 15% @ 90 DAYS – AUGUST 2016
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Returns: Credit Analysis & Research & Nifty:
Nifty: 3.5% Credit Analysis & Research: -5.2%
Stock Resistance and Support:
1st Resistance – 1270 1st Support – 1110
2nd Resistance – 1340 2nd Support – 1030

3. 15% @ 90 DAYS – AUGUST 2016
- 3 - SARAL GYAN CAPITAL SERVICES
Financials at a Glance:
Quarterly Results of Credit Analysis & Research (Rs. In Crores)
Particulars Jun 2016 Mar 2016 Dec 2015 Sep 2015
Audited / UnAudited UnAudited UnAudited UnAudited UnAudited
Net Sales 57.15 75.24 62.93 78.23
Other Operating Income -- -- -- --
Total Income From Operations 57.15 75.24 62.93 78.23
Consumption of Raw Materials -- -- -- --
Purchase of Traded Goods -- -- -- --
Increase/Decrease in Stocks -- -- -- --
Employees Cost 17.71 17.13 17.2 16.61
Depreciation 0.85 0.91 0.94 0.98
Admin. And Selling Expenses -- -- -- --
R & D Expenses -- -- -- --
Provisions And Contingencies -- -- -- --
Exp. Capitalised -- -- -- --
Other Expenses 4.18 6.21 5.43 5.87
Other Income 2.49 2.46 0.99 2.22
P/L Before Int., Excpt. Items & Tax 36.9 53.45 40.36 56.99
Interest -- -- -- --
P/L Before Excpt. Items & Tax 36.9 53.45 40.36 56.99
Exceptional Items -- -- -- --
P/L Before Tax 36.9 53.45 40.36 56.99
Tax 12.23 17.92 13.55 19.14
Prior Year Adjustments -- -- -- --
Extra Ordinary Items -- -- -- --
Net Profit/(Loss) 24.67 35.53 26.81 37.85
Equity Share Capital 29.4 29.4 29 29
EPS 8.39 12.14 9.25 13.05
No Of Shares with Public (Crores) 2.94 2.94 2.90 2.90
Public Share Holding (%) 100 100 100 100

4. 15% @ 90 DAYS – AUGUST 2016
- 4 - SARAL GYAN CAPITAL SERVICES
Basis of Recommendation:
i) Technical Analysis
Disclaimer:
Important Notice: Saral Gyan Capital Services is an Independent Equity Research Company.
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