Money Maker Research & Investment Advisor: Best Stocks for Weekly Investment from Market Expert

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Saturday, 9 September 2017

Best Stocks for Weekly Investment from Market Expert

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in IBVENTURE.

IBVENTURE is the stock which I would recommend to buy above Rs 257; this can see a upside to levels closer to Rs 267 -270 zones, keep stop loss below Rs 240”.

The company acts as a stock and share broker on the National Stock Exchange of India Limited (NSE), BSE Limited (BSE), depository participants and other related services. The Company's primary businesses include Broking and Related activities, and Lease Rental activities. Its segments include Broking & related activities, and Lease Rentals & related activities.

The Total Revenue of the Company during the year was Rs.104.52 crores with a net profit of Rs.16.87 crores. The consolidated revenue of the Company was Rs. 409.63 crores and the consolidated net profit was Rs.73.84 crores.

Company is expected to give good quarter & also has a good return on equity (ROE) track record: 3 Years ROE 32.08% and it has been maintaining a healthy dividend payout of 60.68%.

Its EPS also increased from 2.52 to 3.19 as compared to previous financial year.

IBVENTURE was closed 2.71 per cent up today at Rs 244.55 at NSE.

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