ACEink Official

2023-03-28 16:08:05 Why Over 35 Analysts Are Recommending These Top Large-Cap Stocks ?

Auto industry

* Improved infrastructure for road and rail transport can positively impact the auto industry

* Rise of electric vehicles and sustainable transportation options may also have an impact

* Opportunities for auto companies to adapt and thrive in a changing market

* High-interest rates make it more difficult to borrow money to purchase vehicles, impacting the industry

* Decrease in interest rates in the future could provide a boost for the industry


Ashok Leyland

- Commercial vehicle manufacturer with a strong brand reputation in India and a global presence

- New product launches in the growing EV market

- Expanding into new segments can provide additional revenue streams

- Expanding the domestic network through dealerships or partnerships and increasing exports can lead to increased sales and revenue

- Improvements in infrastructure, such as better roads and highways, can help increase demand for commercial vehicles in India

- Lowering the cost of production through softening of raw material prices could lead to higher profit margins

- Success will depend on various internal and external factors such as competition, economic conditions, and government policies.


Maruti Suzuki

- Aims to increase its market share in India's passenger vehicle segment from 45% to 50% by focusing on SUVs.

- Revenue comes primarily from passenger cars and light-duty utility vehicles, with additional income from spare parts, service, and rental segments.

- Maruti Suzuki plans to introduce more vehicles with a focus on CNG and hybrid variants.

- The company recently launched a new Grand Vitara with over 75,000 bookings, with 35% of orders for the strong hybrid variant.

- Maruti Suzuki believes there will be better demand for hybrid vehicles than electric vehicles in the next 1-2 years due to charging infrastructure and pricing.

- The company expects most new bookings to be for top variants, resulting in better average selling prices and margins.


Read the full article : https://aceink.com/why-over-35-analysts-are-recommending-these-top-large-cap-stocks/ ओपन / कमेंट

2023-03-28 09:25:33 ICICI Securities has buy call on UltraTech Cement.
-A target price of Rs 7690.
-The current market price of UltraTech Cement is Rs 7451.95.
-ICICI Securities recommended to keep stop loss at Rs 7290.

About the company
-Incorporated in the year 2000.
-Is a Large Cap company having a market cap of Rs 215070.49 Crore.
-Operating in Cement sector.

Financials
For the quarter ended 31-12-2022.
-The company has reported a Consolidated Total Income of Rs 15647.52 Crore.
-Up 11.46 % from last quarter Total Income of Rs 14038.95 Crore.
-Up 19.85 % from last year same quarter Total Income of Rs 13055.43 Crore.
-Company has reported net profit after tax of Rs 1059.30 Crore in latest quarter.

Link:Source Article ओपन / कमेंट

2023-03-28 05:32:02 Join The Learning Community by opening a DEMAT Account with below link

Zerodha https://bit.ly/3hzUiEs

Angel ONE (Free) https://bit.ly/2Rs7Jf3

UPSTOX https://bit.ly/3uZIcc3

Contact WhatsApp Chat Support for Help (+919739385706) ओपन / कमेंट

2023-03-28 05:31:02 Top 10 stocks to watch today

Adani Enterprises: Billionaire Gautam Adani's AMG Media Networks has acquired about a 49% stake in Raghav Bahl-curated digital business news platform Quintillion Business Media Pvt Ltd for about ₹48 crore. In a stock exchange filing, Adani Enterprises Ltd said its subsidiary AMG Media Networks Ltd has completed the acquisition which was originally announced in May last year.

HDFC: The board of directors of NBFC giant HDFC on Monday approved the issuance of non-convertible debentures worth ₹57,000 crore on a private placement basis. Also, the board gave a go-ahead on increasing the company's overall borrowing powers to ₹6.50 lakh crore.

Adani Green Energy: Leading bourses NSE and BSE have said that Adani Green Energy will be put under the second stage of the long-term additional surveillance measure (ASM) framework from Tuesday. In two separate circulars, the bourses said Adani Green Energy shall continue in the ASM framework but will be moved to the respective higher stage from March 28.

L&T: Larsen and Toubro (L&T) on Monday said its power transmission and distribution business has secured new orders in the domestic and overseas markets. "L&T Construction wins large orders for its power transmission & distribution business," L&T said in a statement.

Nestle India: Nestle India has announced an equity dividend of 1000.00% at a face value of ₹10 or ₹100 per share for the quarter ending December 2022 or Q3FY23. This generates a dividend yield at the current share price of ₹18,863.90 of 0.53%. The company has a solid track record of dividend declarations during the past five years.

Trident: Leading textile fabric manufacturer, Trident witnessed a sharp selloff on Monday due to large deals on NSE. Trident Limited Employees Welfare Trust has offloaded a whopping more than 1.23 crore equity shares in Trident through a block deal, aggregating to around ₹31.89 crore.

NDTV: Adani group-owned NDTV Ltd on Monday said it has appointed former Sebi Chairman Upendra Kumar Sinha and Welspun India Ltd CEO and MD Dipali Goenka as Independent Directors. The Board has approved the appointment of Sinha and Goenka with immediate effect, said a regulatory filing by the news broadcaster.

Aditya Birla Capital: Aditya Birla Capital Limited (ABCL), a company under the Aditya Birla Group, announced on Monday the sale of its entire stake in Aditya Birla Insurance Brokers Limited (ABIBL), which is a non-material subsidiary of the company. In an exchange filing, the company said, the sale involves the transfer of all 25.65 lakh shares of Rs. 10/- each.

Emami: On March 24, Emami Ltd's board of directors authorised a proposal to buy back shares for up to ₹186 crore. The company informed the stock exchanges on March 24 that the board had approved the buyback proposal of 41.3 lakh equity shares with a face value of ₹1 each at a maximum price of ₹450 per share.

Schaeffler India: The company plans to invest ₹1,500 crore in capacity growth over the next three years, including the construction of a new facility at Hosur at a cost of ₹300 crore. Commenting on the Capex strategy of Schaeffler, Abhishek Gaoshinde, Deputy Vice President - Research, Sharekhan by BNP Paribas said “While Schaeffler has been a leading player in the domestic bearing segment. ओपन / कमेंट

2023-03-28 05:30:48 FII and DII buy and sell : As per data available on the NSE 27 MAR 2023

Foreign Institutional Investors (FIIs) : Sold stocks worth Rs 890.64 Cr

Domestic Institutional Investors (DIIs) : Bought Stocks worth Rs 1,808.94 Cr ओपन / कमेंट

2023-03-27 11:55:39 PEG Ratio : Unleashing the Potential of Long-Term Investing

- Investors commonly use the price-to-earnings (P/E) ratio and the price-to-earnings growth (PEG) ratio to evaluate stocks.

- While the P/E ratio is widely used, it can be overused and misused, and it does not consider a company's growth prospects.

- In contrast, the PEG ratio takes into account a company's earnings growth rate, making it a more valuable tool for long-term investors.

- During current market conditions, low P/E ratios do not automatically make stocks worthwhile investments, so it's essential to evaluate all factors carefully.

Learn how to use PEG Ratio in investment decision.

*Read the full article : https://aceink.com/the-edge-of-peg-ratio-over-pe-ratio-a-smart-choice-for-long-term-investors/ ओपन / कमेंट

2023-03-27 05:32:02 Join The Learning Community by opening a DEMAT Account with below link

Zerodha https://bit.ly/3hzUiEs

Angel ONE (Free) https://bit.ly/2Rs7Jf3

UPSTOX https://bit.ly/3uZIcc3

Contact WhatsApp Chat Support for Help (+919739385706) ओपन / कमेंट

2023-03-27 05:31:02 Top 10 stocks to watch today

Reliance Industries: After stirring a price war in the soft drink segment with the relaunch of Campa, billionaire Mukesh Ambani-led Reliance has entered the personal and home care segment of FMCG, offering products at 30 to 35 per cent lesser prices. Products of RCPL, the FMCG arm and wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), availability of its products will be scaled up across modern and general trade channels.

Adani Total Gas/Adani Transmission: Leading bourses NSE and BSE on Friday said Adani Total Gas and Adani Transmission will move to the first stage of the long-term additional surveillance measure framework from March 27. On March 10, both exchanges put the two companies under the second stage of the long-term Additional Surveillance Measure (ASM) framework.

Nykaa: Five senior executives of Nykaa, including the SuperStore CEO, chief business officer and chief commercial officer, have resigned from the company, according to two people aware of the development. Those who have resigned include Nykaa SuperStore CEO Vikas Gupta, Nykaa Fashion chief business officer Gopal Asthana, chief commercial operations officer Manoj Gandhi, business head Shuchi Pandya and finance head Lalit Pruthi.

L&T: Larsen and Toubro Ltd aims to capture 30% of India’s electrolyzer market once its technology partnership with McPhy Energy of France goes on stream, a top executive at the engineering conglomerate said. The French electrolyzer technology and production company will grant an exclusive licence of its pressurized alkaline electrolyzer technology for manufacture and future product upgrades, L&T said on Wednesday.

One97 Communications: The Reserve Bank of India (RBI) has extended an earlier deadline for Paytm Payments Services Ltd to reapply for a payment aggregator licence but has not lifted restrictions on onboarding new online merchants, parent company One 97 Communications Ltd said on Sunday. In November, RBI had asked the company to resubmit its application within 120 calendar days after seeking approvals for past downward investments from the company into Paytm Payments to comply with foreign direct investment norms.

Sun Pharma: Drug major Sun Pharmaceutical on Friday announced that it is set to acquire a 60% shareholding in Vivaldis Health & Foods for ₹143.30 crore from its existing shareholders. The remaining 40 per cent shareholding will be acquired in future as per certain terms and conditions, said Sun Pharmaceutical in its regulatory filing.

Crompton Greaves Consumer Electricals: Crompton Greaves Consumer Electricals has proposed a scheme of amalgamation of Butterfly Gandhimathi Appliances with the company. Both are listed companies and the merger will take place through a shares swap. This merger is expected to accelerate and smoothen the realization of synergies of the combined business.

Karur Vysya Bank: The Reserve Bank of India (RBI) on Friday said it has imposed a penalty of ₹30 lakh on Karur Vysya Bank for violating rules. “The Reserve Bank of India (RBI) has, by an order dated March 21, 2023, imposed a monetary penalty of ₹30.00 lakh (Rupees Thirty lakh only) on Karur Vysya Bank Ltd.

Campus Activewear: US-based private equity firm TPG on Friday divested a 7.6 per cent stake in sports and athleisure footwear company Campus Activewear for ₹806 crore through an open market transaction. TPG through its affiliate TPG Growth III SF Pte offloaded the shares in Campus Activewear. ओपन / कमेंट

2023-03-27 05:30:08 FII and DII buy and sell : As per data available on the NSE 24 MAR 2023

Foreign Institutional Investors (FIIs) : Sold stocks worth Rs 1,720.44 Cr

Domestic Institutional Investors (DIIs) : Bought Stocks worth Rs 2,555.53 Cr ओपन / कमेंट

2023-03-26 19:03:58 Impact of the U.S. airstrike in Syria on the stock market :

Geopolitical tensions can affect the stock market.

The recent U.S. airstrike in Syria may lead to higher oil prices, which could negatively impact the Indian stock market.

However, investors may not react strongly to the news, as the Indian market has been relatively resilient to global events.

Domestic factors such as earnings, economic growth, and corporate announcements are likely to have a greater impact.

While the airstrike may cause some short-term volatility, investors should focus on long-term fundamentals rather than short-term fluctuations.

Hope this helps.
Bharath Shankar ओपन / कमेंट