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#BREAKING | #CoreSectorData: April eight core industries growth at 4.7% vs 4.4% in March. *April coal output at 16% vs 9.1% in March*

*April coal output figures Indicates better shape of things to come for Coal India*. In Q1 ( after bumper Q4), Coal India has again hiked coal prices

_Coal can declare NP of 7000+ Cr for Q1 and decent Interim Dividend with Q1 no's._ SHOULD DECLARE LIFETIME HIGH NP FOR FY19 (DIVIDEND Can be Rs 25 for FY19)

*So called* Analysts at CNBC continue to misguide investing community. Ashwin Gujaral is really mad when yesterday he is recommending not to buy Coal India and any PSU. He has his set prejudices and unwilling to look at things with fresh perspective. Before shooting off his mouth, he should have checked how fundamentals of Coal India are changing. Various Brokerage houses have upgraded Coal India.

Name.             TP

Macquarie.      343

CITI.                   350

MOSL.                394

*Denofwealth TP 450*

Update on PFC

Subsequent to our initial recommendation, stock had fallen to 71-72. Thereafter stock has bounced back to 80-82 levels. Main reason for underperformance of PFC is FIIs who have sold in cash segment more than 5.50 Cr shares this month. We feel that selling by FIIs is nearing its end. PFC can rise sharply in coming weeks. Hence we advise to HOLD at least upto June expiry

*FY18 NP UP BY 381%*

Suryaamba Spg Mills

                      FY18  FY17

Sales            142.    132

Dep.               4.46.   4.04

PAT                 2.35    0.48

Equity             2.93

EPS.                8.00   1.66

CASH EPS.     23.20

BValue.           88.50

Suryaamba has reported BIG rise in margins. FY18 PAT spurts to 2.35cr Vs 48 Lacs *rising BY 381%*

Cash EPS Rs 23.20

_Mktcap only 24 cr Vs Sales of 24 cr_

Stock is trading @ 3.54xFY18CashEPS

Investment in Suryaamba can give 50% appreciation

DenOfWealth again on Dot:

1) DenOfWealth had estimated that TFCI NP can be substantially lower QoQ and even lower YoY. Now TFCI has declared NP of 10.43 Vs 17 Cr YoY and 23 Cr QoQ

2) PowerGrid: Denofwealth had estimated that co can report Q4 NP lower than Bloomberg estimates and flat QoQ. Now co has declared NP of 2004 Cr Vs 2040 QoQ and 2300 Cr Bloomberg