Best Shares To Buy For Short Term In April 2018
Apr 01, 2018 | 18:54 PM IST
Apr 01, 2018 | 18:54 PM IST
In general, Short-Term investments are considered to be riskier than long term investments. But, short-term investments are important for making more profit from cash savings or liquid assets. Below were the best stocks to buy in April 2018, read Best Short Term Stocks To Buy Today if you are looking to buy shares today.
Best Shares to Buy For April 2018
Best Shares to Buy For April 2018: 5th Week
Talbros Automotive Components (NSE: TALBROAUTO) (Share Price: Rs.279): Can be considered
Valuation: Compared to peers the valuation is fair with a trailing PE of 17.75x.Reasons to consider: The company has achieved its target for Q3FY18 where it has achieved growth of 28% as against industry growth rate of 16%. The management is confident of achieving the target revenue of Rs.675-725 crores by FY20. Strong JV, clients and industry tailwinds fare well for the company's growth.Drivers: The auto sector's performance was mainly due to improved rural sentiments, good monsoons (sale of tractors, etc), increased production of BS-IV compliant vehicles. The above factors and the upcoming BS-VI emission loan and safety norms will help in sustaining growth in the coming years. The company is already BS-IV compliant and also ready with BS-VI products. The company also has a healthy order book.Financials: In 9MFY18, total income increased by 17% to Rs.377 crores. EBITDA margin expanded to 12.08%. PAT grew by 52.08% and PAT margin expanded to 4.70%.
Best Shares to Buy For April 2018: 4th Week
Ganesh Benzoplast (NSE: 523586) (Share Price: Rs.82): Can be considered
Valuation: Undervalued as compared to close peers with trailing PE of 16.76x.Reasons to consider: The company posted stellar numbers in Q3FY18. The company has reduced its finance cost which aids improvement in profit margin. The company has good brand image and loyalty of customer and has a monopoly in sodium benzoplast in India.Drivers: The company caters to infra (liquid storage ) and chemical segment. Expanded storage capacity at JNPT and Cochin terminals which is able to add ~ Rs 90 crores in topline. The company is in process of the demerger of its chemical and liquid storage business to ensure greater focus.Financials: In Q3FY18, income grew by 57.67% to Rs.46.56 crores. EBITDA grew by 42.02% YoY. PAT grew by 151% YoY while EPS increases to Rs.1.55 in Q3FY18.
Damodar Industries Ltd (NSE: DAMODARIND) (Share Price: Rs.126.50): Can be considered
Valuation: Undervalued as compared to close peers with trailing PE of 12.64x.Reasons to consider: Damodar Industries provides quality products (synthetic blended yarns) at an affordable price. Healthy cash flow and reduced finance cost show the operational efficiency of the company.Drivers: Lower wages than developed countries attract more exports. Rising per capita income, shifting interest towards branded products, superior quality products and favourable government policies support company's growth.Financials: In Q3FY18, total revenue grew by 3.11% QoQ to Rs.155 crores. Improves operational efficiency lifted up net profit 26.67% QoQ/ 79.39% YoY to Rs.3.69 crore.
Best Shares to Buy For April 2018: 3rd Week
Indian Toners & Developers (NSE: 523586) (Share Price: Rs.249): Can be considered(10 Step Process To Confirm If It's A Buy)
Valuation: Undervalued stock as compared to close peers with trailing PE of 15.26x.Reasons to consider: The company is the largest manufacturer and exporter of compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide format printers and copiers. It has a capacity of 3600 MT per annum. Consistent financial performance since last five years.Drivers: Growth in IT sector, urbanization would likely fuels company's growth. The company has PAN India presence with 120 distributors, 600 dealers,1500 refillers and 44,000 photocopy outlets. PAN India presence of the company aids to cater the demand of every sector. It has a huge untapped market to catch with a global capacity of ~225000 TPA with after market share of 25%. Compatible product pricing helps to gain market share.Financials: Revenue grown by five year CAGR of 13.4%. It has improved EBITDA margin from 20% to 22% in last five years. PAT of the company grown to Rs.21.6 crores in FY17 from Rs 10.9 crores in FY13.
Best Shares to Buy For April 2018: 2nd Week
HG Infra Engineering Ltd (NSE: HGINFRA) (Share Price: Rs.268): Can be considered(10 Step Process To Confirm If It's A Buy)
Valuation: Overvalued as compare to closed peers with post-IPO PE of 27.15x.Reasons to consider: HG Infra is Jaipur based infrastructure construction, development and management firm with a focus on road projects including highways, bridges and flyover. The company got a good track record of last five years. Earnings growth is also higher due to reduced interest cost.Drivers: HG Infra also got healthy order book, robust financial performance and good track record of previous projects. The experienced management team and sectoral tailwind make it attractive.Financials: Revenue and net profit stood at Rs.1059 crores and Rs 53 crores respectively in FY17. Company's revenue, EBITDA and PAT grew at five-year CAGR of ~34%/ 27.5%/ 37% respectively.
Mirc Electronics (NSE: MIRCELECTR) (Share Price: Rs.47.8): Can be considered
Valuation: Overvalued as compared to closed peers with trailing PE of 35.47x.Reasons to consider: The company has been posting healthy numbers since March 2017 quarter. The company launched new inverter air conditioners and looking to double its revenue from air conditioner segment to about Rs.720 crores.Drivers: The company has 8% of market share which they expect to grow to double-digit in a year which can aid topline. The company is well placed in seasonal demand for AC.Financials: In Q3FY18, the company recorded revenue of Rs.131 crores vs Rs.147 in Q3FY17. Operating profit stood at Rs.9.29 crores vs negative operating profit of Q3FY17. PAT grew to Rs.2.94 crores in Q3FY18 YoY.
Best Shares to Buy For April 2018: 1st Week
SREI Infrastructure Finance (NSE: SREINFRA) (Share Price: Rs.83.6): Can be considered
Valuation: Stock is trailing at PE multiple of 12.8x.Reasons to consider: In the business of project financing, the key segment in which SREI lends include power projects, the transport sector as well as social and commercial infrastructure projects. The business witnessed strong growth in last few years led by new power and road sector loans.Drivers: Company has skilled workforce with experienced business unit. Promoter's stake has increased.Financials: Earnings are improving both QoQ and YoY. Return ratios are improving. Margins are strong.
ONGC (NSE: ONGC) (Share Price: Rs.187.5): Can be considered
Valuation: Stock is trailing with PE multiple of 13.15x.Reasons to consider: Company is virtually debt free. Strong operational efficiency helped the company to keep margins intact.Drivers: Company is high profit making with strong revenue growth. The company produces nearly 30% of India's crude oil requirement. It contributes nearly 70% of India's crude oil production and around 80% of India's natural gas production.Financials: Numbers are progressive. Quarter after quarter company has improved its performance. Profit margins are strong as compared to peers. Ratios are improving.
Niveza Editorial Desk :
We are a team of stock market nerds trying to stay ahead of the herd. We spend our grey cells everyday to a pave a smooth road for our clients in the shaky world of stock market. While tracking the mood swings of the market we bring our clients the most rewarding deals.
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