1. BUY TO SELL STOCKS FOR SHORT TERM GAINS
02nd
January 2014
PANACEA BIOTEC BUY POTENTIAL UPSIDE: 18.3%
CURRENT MARKET PRICE: 102.30 TARGET PRICE: 121.00
BSE Code 531349 Market Cap (Crores) 626.60
NSE Code PANACEABIO P/E 0
Book Value 91.63 EPS -42.81
Face Value 1 Dividend Yield % -
STOCK RECOMMENDATION

2. 15% @ 90 DAYS – JAN 2014
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Panacea Biotec & Nifty:
Nifty: 3.5% Panacea Biotec: -9.7%
Stock Resistance and Support:
1st
Resistance – 110 1st
Support – 98
2nd
Resistance – 122 2nd
Support – 85

3. 15% @ 90 DAYS – JAN 2014
- 3 - SARAL GYAN CAPITAL SERVICES
Financials at a Glance:
Quarterly Results of Panacea Biotec (Rs. In Millions)
Particulars Sep 2013 Jun 2013 Mar 2013 Dec 2012
Audited / UnAudited UA UA UA UA
Net Sales 1100.90 1176.30 1903.60 1841.00
Total Expenditure 1112.40 1277.20 2098.00 2003.90
PBIDT(Excl OI) -11.50 -100.90 -194.40 -162.90
Other Income 2.00 2.50 39.80 25.70
OperatingProfit -9.50 -98.40 -154.60 -137.20
Interest 368.20 321.20 357.00 269.80
Exceptional Items 0 0 -105.70 0
PBDT -377.70 -419.60 -617.30 -407.00
Depreciation 185.00 189.60 210.20 215.80
ProfitBeforeTax -562.70 -609.20 -827.50 -622.80
Tax 0 0 0 0
Provisionsand contingencies 0 0 0 0
ProfitAfter Tax -562.70 -609.20 -827.50 -622.80
Extraordinary Items 0 0 0 0
Prior Period Expenses 0 0 0 0
Other Adjustments 0 0 0 0
Net Profit -562.70 -609.20 -827.50 -622.80
Equity Capital 61.30 61.30 61.30 61.30
FaceValue(INRS) 1 1 1 1
Reserves
Calculated EPS -9.18 -9.94 -13.50 -10.16
Calculated EPS (Annualised) -36.72 -39.75 -54.00 -40.64
No of PublicShareHoldings 15427192.00 15427192.00 15427192.00 15427192.00
% of Public ShareHoldings 25.19 25.19 25.19 25.19

4. 15% @ 90 DAYS – JAN 2014
- 4 - SARAL GYAN CAPITAL SERVICES
Basis of Recommendation:
i) Technical Analysis
Disclaimer:
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