Hem Securities


The Hem Group (www.hemonline.com) is one of the leading broking Network in India. It provides trading platform in all the leading exchanges namely - BSE, NSE, MCX , NCDEX & MCX-SX. Their mission is to build wealth for their investors by offering them best financial services through trading & investment strategies and honoring commitment with ethical & transparent business practices.

Articles by Hem Securities

Feb. 20, 2018, 5:45 p.m.

Company has posted strong set of numbers in Q3FY18 with bottomline of company surging by almost more than 90% at Rs 69.81 Cr against Rs 35.89 Cr in Q3FY17. The rise was on account of increase in volumes and cost efficiency.

Feb. 12, 2018, 4:15 p.m.

Company is bringing the issue at price band of Rs 180-190 /sh at EV/EBIDTA multiple of 34-35. Although co’s business looks attractive but losses in H1FY18 with weak financial performance in FY17 & high valuation at current level fails to infuse optimism in company , hence we recommend “Avoid” on issue .

Jan. 29, 2018, 5:32 p.m.

The company is bringing the issue at p/e multiple of 35 on annualized H1FY18 eps at higher price band of Rs 1470-1480/share. Co being established global supplier to major FMCG brands with demonstrated track record has robust product portfolio & proven R&D capabilities with strong presence in high growth markets of India and AMET region. Subscribe.

Jan. 16, 2018, 3:44 p.m.

The co is bringing the issue at p/e multiple of 33 on FY17 eps of Rs 8.26 at higher price band of Rs 240-245/share. Looking after financials of co we recommend “Long Term Subscribe” on it.

Jan. 16, 2018, 3:41 p.m.

Co being market leader in RAC OEM/ODM industry in India have reputed clientele with strong track record of financial performance.Looking after strong future prospects of co with decent fundamentals, , we recommend “Subscribe” on issue.

Jan. 5, 2018, 4:21 p.m.

Virinchi aims to build a niche thought-leadership position in the international markets within the fintech and healthcare domains.Co with strong management team has shown robust financial performance.

Dec. 22, 2017, 3:09 p.m.

Along with it reasonable valuation at current level makes it strong investment candidate. Hence , we recommend “Buy” on the stock with price target of Rs 390(appreciation of almost 30%) for long term investment.

Dec. 6, 2017, 5:38 p.m.

Co being one of the largest service providers with an extensive network of facilities in a fast-growing third-party logistics market is looking attractive for long term investment. Hence we recommend “Subscribe” on issue for long term .

Dec. 6, 2017, 5:34 p.m.

Company is bringing the issue at price band of Rs 245-248 /share at p/e multiple of 46-47. Hence, we recommend "Subscribe” on issue for long term.

Nov. 24, 2017, 3:11 p.m.

During Q2FY18, co has posted strong growth in its topline as well as bottomline. On YoY basis , co has shown decent jump of almost 17% in its topline at Rs 202 Cr in Q2FY18 from Rs 172 Cr in Q2FY17.