EQUITY99 is a specialized financial services firm engaged in Equity Research and Investment Advisory. EQUITY99 is registered with Securities and Exchange Board of India (SEBI) as an Investment Advisor (Regn No. INA000005358). We provide Professional Investment Advice to Individuals, corporate and other legal entities aggregating to a portfolio size of Rs. 100+ Cr., to invest in Indian equities market. We perform research and recommend investments in individual securities (stocks) for short term and long term investment horizon. We perform research on the basis of the performance (fundamentals) of the companies and other aspects like Management meet-up, Corporate Governance, etc. and prepare a comprehensive Research Report with Periodicals - Daily and Weekly Newsletters along with making recommendations to our clients.Our Research Analysts are well qualified and consist of highly proficient and experienced professionals, capable of identifying investment opportunities across sectors and companies, backed by a thorough study of fundamental and technical analysis of the capital markets.
We recommend a strong buy from short term as well as long term point of view due to multiple triggers.
At CMP, the stock trades at a PE of just 14x on its EPS (TTM) of Rs.8. The stock is available at a discount compared to the Industry P/E of 21.32x, S&PBSE Small-Cap P/E of 103.53x and Nifty Small-Cap 250 P/E of 102x.
Smartlink has a book value of Rs. 142.34 implying P/B of 0.8x. It's market cap is only Rs. 253 crs with equity base just 4.51 crs shares. Promoters are holding ~75% stake, making it free float quite low.
Next week will be quite important for Indian stock market due to results heavy week. On Monday, market will react on Infosys’s quarterly nos. Apart from that many prominent midcap companies will be out with nos like Cyient, DCB Bank, ICICI Securities, Jay Bharat Maruti, 5PAISA Capital, CRISIL, Muthoot Capital, Tata Sponge.
AT CMP of Rs. 45.35, the stock is trading at PE of 9.0x on its EPS (TTM) of Rs. 5.03 per share. The stock is available at a discount if we compare it with Industry PE (PE 44.6x), S&P BSE SmallCap (PE 89.1x) and Nifty SmallCap 250 (PE 89.5x); we recommend a strong BUY to our investors for long term Multi-bagger returns.