- Rouz Darou Pharmaceutial Co. released its 3Q1393 (year ending 20 Mar 2015) report. Rouzdarou’s main productions include variety of tablets and S.C. Tabs, Capsules and powders. The company sales all its products domestically while some parts of its ingredients are imported. last year the company imported 33% of its ingredients which have increased to 39% in 9 months period this year. The company predicted to increase its production by 10 % this year compared with last year and it could cover more than 74% of this forecasted amount. Generally, the company’s production in 3Q1393 has improved 9 percent compared with same period last year. The company also forecasted 22 and 26 percent increase respectively in its volume and value of sales for Y1393 compared with last year. Although the company’s return in Y1392 jumped by 293 percent compared with Y1391, it couldn’t maintain the same trend for this year. The EPS has been decreased by 30 percent to 263 IRR in 3Q1393 compared with same period last year. In current year budget, the company’s EPS is forecasted 29 percent less than last year EPS. In next year budget the company has reduced its EPS by 48 percent to 182 IRR. The reasons for this negative adjustment have not announced yet.
- Afra Net Co. released its budget for Y1394 (ending 20 Mar 2016) with 20 percent increase in its EPS. The companies forecasted EPS for Y1393 was 152 IRR which has improved by 17% to 178 IRR for Y1394. The company’s forecasted incomes from sale and services have moved up by 63%. These improves are the result of the increase in nation bandwidth, market growth and seling higher bandwidth to telecommunication companies. Hence the company’s costs and gross profit has moved up by 62 and 64 percent respectively.
- Zamyad Co. forecasted 25 IRR for year ending 20 Mar 2016. This automotive company had forecasted 5 IRR for current year. The income services and sales have increased 24 percent compared with current year. The gross profit has also moved up 37 percent. The operation return has jumped 112 percent compared with current year. During the last few months the share had entered to a bearish trend and declined from 1800 to 1300 IRR, but lately it moved up to 1500 IRR levels. Holding with the lose limit at 1250 IRR is recommended.
TSE at a glance
IFB at glance
Trading Halts & Delays
The sale pressure increased in today’s market. Even a block trade on Iran Mobile Telecommunication Co. could not hold the index and the TSE index dropped more than 0.7 percent. The market is waiting for more news from the nuclear talks. No enthusiasm for buying is generated and the situation is getting worse by getting closer to the end of 1393 (20 Mar 2015).
DISCLAIMER: This report has been prepared and issued by Agah Brokerage Firm on the basis of publicly available information, internally developed data and other sources believed to be reliable. The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. Agah does not assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions. Any expressions of opinions are subject to change without notice.
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