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2024-03-14 13:22:09 When the market is rising, everyone thinks it won't fall.

When the market is falling, everyone thinks it will not rise again.

But the market is like a swing that will swing up and down, you just need to hold onto that swing tightly.

The day of reversal in small cap segments would be when it opens with red and closes at the day's high, continuing to make 3 days of non-stop higher highs.

We need to see whether stocks have broken yesterday's high, made a higher low, and a higher high than yesterday.

A common mistake people often make in the market is when the downturn ends and movement resumes, they immediately sell the stocks that are making a little profit after recovery.

Lesson: After recovery, good stocks should not be sold immediately, they should be held for at least 2-3 months.

Disclaimer : This is not an investment advice and this is not an investment recommendation. ओपन / कमेंट

2024-03-14 05:31:01 Top 10 Stocks to watch Today

Tata Motors: The company announced on March 13 that it has entered into a memorandum of understanding (MoU) with the Tamil Nadu government to establish a vehicle manufacturing facility in the state. The company, in a regulatory filing, said that the MoU anticipates an investment of approximately ₹9,000 crore over the coming five years.

Vedanta: The company announced on Wednesday that it plans to challenge the order from Sebi, which requires them to pay a penalty of ₹77.6 crore to Cairn UK Holdings Ltd, a Scottish exploration company, for a delay in dividend payments to a former shareholder, as reported by PTI news agency. Vedanta stated that Cairn UK Holdings Ltd had relinquished its right to demand interest when it resolved a retrospective tax claim with the government.

Reliance Industries: The company has consented to acquire the entire 13.01% stake in Viacom18 Media from Paramount Global. The deal, valued at approximately $517 million ( ₹42.86 billion), was disclosed in US regulatory filings. Viacom18, primarily owned by RIL, boasts a portfolio of 40 television channels, including Comedy Central, Nickelodeon, and MTV.

Federal Bank, South Indian Bank: On March 13, two banks, Federal Bank and South Indian Bank, declared actions concerning their co-branded credit cards. This decision was based on the regulatory guidance they received from the RBI on March 12, as mentioned in their exchange filings. Federal Bank announced that it has ceased the issuance of new co-branded credit cards.

IIFL Finance: The company announced on Wednesday that its board has given the green light to raise up to ₹1,500 crore through a rights issue, despite the RBI prohibiting the NBFC from approving or disbursing gold loans. In a regulatory filing, IIFL Finance stated that the board has sanctioned fundraising not exceeding ₹1,500 crore by issuing shares on a rights basis to its current eligible shareholders as of the record date, which will be determined in due course, in line with relevant regulations.

Cholamandalam Investment and Finance Company, DLF: Cholamandalam has acquired a 4.67-acre property in Chennai from DLF for ₹735 crore. In a regulatory announcement on Wednesday, Cholamandalam said that it had completed the purchase of the immovable property from DLF IT Offices Chennai Private Limited, located in Guindy, Chennai, by executing and registering a sale deed.

Paytm: One 97 Communications, Paytm's parent company, is set to release more employees from various departments as part of its yearly performance evaluation, at least four people knowledgeable about the situation told Moneycontrol. This decision coincides with a period when Paytm's payment bank is facing criticism from the RBI due to shortcomings in their due diligence process.

Vodafone Idea: The telecommunications company has chosen not to renew the fractional spectrum in the 900MHz and 1800MHz bands in certain areas due to incompatibility with its most recent network technology. A spokesperson from Vi said that the company has decided to extend the necessary spectrum in both Uttar Pradesh (West) and West Bengal circles, while only releasing the fractional spectrum that is not compatible with the new technology and hence, not currently needed.

Shriram Properties: On Wednesday, Shriram Properties announced the launch of a new residential project named 'Codename Ultimate,' which has a potential revenue of ₹350 crore. Located near Electronic City in Bengaluru, the project is inspired by Balinese architecture and features 414 units spread across six towers.

Indian Hume Pipe Co.: On Wednesday, March 14, a joint venture involving Indian Hume Pipe Co. was granted the 'Water Supply Projects and Sewerage Projects under AMRUT 2.0' by the Government of Telangana, valued at ₹1,137.77 crore.
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2024-03-13 15:58:29

ओपन / कमेंट

2024-03-13 11:03:45 In March, it's wise to proceed cautiously due to expected volatility.

*Long-Term Portfolio Strategy*

Ignore price fluctuations in the long-term portfolio. It's natural for prices to fluctuate.

*Short-Term Approach*

Avoid attempting to catch the bottom in the short term. Instead, focus on sectors and stocks that show the first uptick after the fall will be the winner.

*Accumulation Zone Approach*

With a bit more panic, stocks will likely reach an attractive valuation, bringing us closer to the accumulation zone.

Disclaimer : This is not an investment advice and this is not an investment recommendation. ओपन / कमेंट

2024-03-13 05:31:03 Top 10 Stocks to watch Today

ITC: British American Tobacco has initiated a block deal to offload a 3.5 percent equity stake in ITC to institutional investors, potentially raising as much as ₹16,775 crore. The India division of the British cigarette manufacturer intends to dispose of up to 43.69 crore ITC shares through accelerated book building at a price range of ₹384-400.25 per share, as reported by CNBC Awaaz, quoting sources.

SBI: On March 12, the State Bank of India complied with the Supreme Court's order from March 11 and submitted data on electoral bonds to the Election Commission of India (ECI). The Supreme Court has instructed the ECI to make all this data available to the public on its website by March 15, 2024. The ECI has confirmed the receipt of this data from SBI.

Zee Entertainment Enterprises: The company has dismissed the suggestions made by the proxy advisory firm IiAS, which had urged investors to oppose the confirmation of two out of three recently appointed independent directors. IiAS had advised investors to reject the appointments of Venkata Ramana Murthy Pinisetti and Uttam Prakash Agarwal, attributing their stance to purported conflicts of interest and existing criminal charges, respectively.

Vedanta: On Tuesday the Securities and Exchange Board of India directed Vedanta India, formerly known as Cairn India Ltd (CIL), to remit ₹77.62 crore along with an annual simple interest of 18% to Cairn UK Holdings Ltd (CUHL) due to a delay in dividend payments.

HCC: On Tuesday, the board of Hindustan Construction Company Ltd. (HCC) gave its approval for the issuance of fully paid-up equity shares to generate ₹350 crore via a rights issue, it said in an exchange filing. The fundraising was sanctioned in board meetings held in August of the previous year and February of this year, with the specifics of the rights issue being finalized on Tuesday.

Reliance Industries: The majority of tankers carrying fuel from the refineries of Reliance Industries in western India are opting to navigate via the Cape of Good Hope. This decision is driven by the need to evade the Red Sea, which has seen an increased risk of attacks by Yemen's Houthi group, as per shipping sources and ship tracking data.

Dr Reddy's Laboratories: The pharmaceutical giant said on Tuesday that it has been slapped with a tax demand and penalty exceeding ₹74.22 crore by the GST authority for incorrect utilization of input tax credit. The company disclosed in a regulatory filing that it has received an order, which includes interest and penalty, from the Additional Commissioner of Central Tax, Hyderabad GST Commissionerate.

Vodafone Idea: The company anticipates that 40% of its revenue will come from its 5G operations within 24 to 30 months following the launch of its next-generation mobile broadband service. The financially constrained telecom company has fulfilled its minimum 5G deployment obligations in four circles, as stated in an investor presentation filed on the BSE.

Paytm: According to sources cited by Reuters, the National Payments Corp of India (NPCI) is expected to grant a third-party application provider license to Paytm, officially known as One 97 Communications, by March 15. On the other hand, the Reserve Bank of India (RBI) is not anticipated to prolong the March 15 deadline for Paytm Payments Bank, a banking division of Paytm, to cease its operations.

FSN E-Commerce Ventures: Nykaa-KK Beauty, a collaborative venture involving Bollywood actress Katrina Kaif, Nykaa, and Matrix India Entertainment, has ambitious plans to broaden its footprint in foreign markets, especially the Gulf region, over the coming year, as revealed by Kaif to ET.
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2024-03-12 13:17:48 In times of market volatility, it's essential to reassess your investment portfolio.

If you find yourself holding speculative stocks without understanding their fundamentals, it might be time to consider selling.

Many investors strive to sell at the peak, but accurately timing the market is notoriously difficult.

Exiting questionable investments before they experience a significant downturn can help protect your capital and prevent larger losses down the road.

Remember, it's better to exit early than to hold onto a declining asset in the hope of a recovery that may never come.

Disclaimer : This is not an investment advice and this is not an investment recommendation. ओपन / कमेंट

2024-03-12 05:31:20 Top 10 Stocks to watch Today

Bharti Airtel: The telecom major is anticipated to be the frontrunner in the forthcoming auction of eight spectrum bands, given that Reliance Jio has already made substantial acquisitions in the 2022 auctions and Vodafone Idea is currently grappling with financial constraints.

Aditya Birla Capital: Aditya Birla Capital announced on Monday its decision to merge with its subsidiary, Aditya Birla Finance. This move allows the unlisted subsidiary to bypass the Reserve Bank of India's (RBI) directive for public listing. While Aditya Birla Capital is a listed entity, its fully-owned subsidiary, Aditya Birla Finance, is among the 15 top-tier non-bank lenders that the RBI has mandated to be publicly listed by September 2025.

ITC: British American Tobacco is reportedly gearing up for a much-anticipated sale of its stake in ITC within the next fortnight, according to two individuals familiar with the development. The company intends to offload a 4% stake in the Indian firm at a share price of ₹380-390, which represents a 5-8% markdown from Monday's closing price of ₹409, as per the sources.

InterGlobe Aviation: Rakesh Gangwal, co-founder of IndiGo, sold a larger than expected 5.8% stake in InterGlobe Aviation, the airline's parent company, via a block deal on the BSE on Monday. This transaction is part of a series of divestments by Gangwal and his family, indicating a steady decrease in their ownership of the company. Gangwal sold 22.5 million shares of InterGlobe Aviation for a total of ₹6,785.7 crore, at an average price of ₹3,015.88 per share on Monday.

Religare Enterprises: The International Finance Corporation (IFC), the World Bank's private finance division, has divested its remaining stake in Religare Enterprises, marking the end of its 12-year association with the Delhi-based financial services firm.

SpiceJet: Amidst the airline's revival efforts, two top executives of SpiceJet have resigned. Shilpa Bhatia, the Chief Commercial Officer, and Arun Kashyap, the Chief Operating Officer, are set to leave the company, with their last day being March 31. It is speculated that Bhatia and Kashyap may venture into their own charter airline business.

Indian Oil Corporation: The company is set to issue a revised tender by the end of March for its inaugural green hydrogen plant in Panipat, according to people in the know. A senior IOCL official explained that the re-tendering process will involve different clauses. The previous tender was cancelled due to the Right of First Refusal (ROFR) clause. .

HIL: The CK Birla Group company announced on Monday that it has entered into an agreement with Crestia Polytech to acquire Topline, a well-known brand of pipes and fittings, for an enterprise value of ₹265 crore. In addition, HIL will take over four fully-owned subsidiaries of Crestia - Topline Industries, Aditya Polytechnic, Aditya Industries, and Sainath Polymers, who are prominent players in the pipes, fittings, and water tank sectors in Eastern India, with brands such as Topline, Rockwell, and Soniplast.

Mahindra & Mahindra: An official from Mahindra & Mahindra (M&M) confirmed on Monday that the company will continue to focus on the utility vehicles segment, including the emerging electric vehicle (EV) sector within passenger vehicles. Based on sales trends from April to February, the company is on track to surpass 8 lakh units in the current fiscal year, an increase from 6.9 lakh units in FY23.

Pitti Engineering: On March 11, Pitti Engineering announced that it has entered into an agreement to acquire 100% equity share capital of Bagadia Chaitra Industries Pvt. Ltd. (BCIPL) and other shareholders at an enterprise valuation of ₹124.92 crore.
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2024-03-11 05:31:36 Top 10 Stocks to watch Today

Adani Enterprises: Karan Adani, MD of Adani Ports and Special Economic Zone, announced on Sunday that the Adani Group is set to invest approximately ₹60,000 crore in the expansion of its seven existing airports over the coming 5-10 years. He said that about half of this investment will be directed towards enhancing terminal and runway capacity within the next five years.

Interglobe Aviation: Reports suggest that Rakesh Gangwal, co-founder of IndiGo, is contemplating selling a stake of up to 5.8 percent in Interglobe Aviation, the parent company of the airline. This is a significant increase from his initial plan of selling a 3.3 percent stake, as reported by CNBC-TV18 on March 8. The intended equity sale is projected to generate close to ₹6,600 crore, with shares priced at a minimum of ₹2,925 each.

HDFC Bank: The lender has initiated the process for the initial public offering of its subsidiary, HDB Financial Services. The bank plans to schedule the share sale of its financial services division in either the last quarter of 2024 or the first quarter of 2025, according to people in the know.

Reliance Industries: Viacom18, owned by Reliance Industries, has restructured its entertainment businesses under the leadership of two key executives, in anticipation of its impending $8.5-billion merger with Disney's India unit. In the new arrangement, Kiran Mani, who assumed the role of Chief Executive of Digital Business (JioCinema) in November last year, will now head the digital and sports businesses.

SJVN: SJVN Green Energy, a subsidiary of the state-owned SJVN, has signed a long-term agreement to deliver 600 MW of solar power to Rajasthan. The Power Usage Agreement (PUA) involves the supply of 500 MW of solar power from the Bikaner Solar Power Project, and the Power Purchase Agreement (PPA) includes the provision of 100 MW of solar power from the Rajasthan Solar Power Project. .

Zee Entertainment Enterprises: On Saturday, Zee Entertainment Enterprises announced significant changes in the revenue section of its broadcast business, a move spearheaded by its Managing Director and Chief Executive, Punit Goenka. With these changes, Rahul Johri, who held the position of President, Business, at Zee Entertainment Enterprises, has resigned from the company after serving for three and a half years.

Sun Pharmaceuticals: The company is withdrawing approximately 55,000 bottles of a generic gout medication from the US market due to deviations from manufacturing practice norms, as reported by the US health regulator. The New Jersey branch of the Mumbai-based company is recalling Febuxostat Tablets in strengths of 40 mg and 80 mg, as stated in the latest Enforcement Report by the US Food and Drug Administration (USFDA).

Rail Vikas Nigam Limited: The railway construction company announced on March 9 that it has been commissioned by the Madhya Pradesh Metro Rail Corporation to design and build an elevated viaduct, five elevated metro stations, and a ramp between chainages. According to the company's stock exchange filing, the project is slated for completion in approximately three years, with the total cost of the order amounting to ₹543.

Nazara Technologies: The gaming company is reportedly planning to acquire Smaaash Entertainment Pvt. Ltd through the insolvency and bankruptcy process, according to two individuals familiar with the situation. As a part of this process, Nazara has submited its resolution plan by 9th March with the aim of reviving the bankrupt firm.

Gensol Engineering: The company has secured the leading position for a standalone Battery Energy Storage Systems (BESS) project, with a capacity of 70 MW / 140 MWh out of a total of 250 MW / 500 MWh, according to a company announcement.
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2024-03-08 14:07:54 Why IHCL is the Best Play for Industry Upcycle

Indian Hotels Company: A Comprehensive Analysis

Company Overview :

IHCL, with a history dating back to 1902, has established itself as a symbol of luxury and quality in the hospitality sector. Boasting a comprehensive portfolio of brands catering to various price points, IHCL has a strong brand reputation and a rich heritage spanning over a century.

Hotel Brands and Business Strategy

Brand Portfolio:

Taj: Regarded as the crown jewel of IHCL, Taj is recognized as the world’s strongest hotel brand. With 82 hotels in its portfolio, Taj contributes approximately 72% to the revenue portfolio.

Vivanta+Seleqtions : Launched in 2018, this portfolio comprises 28 Vivanta and 22 Seleqtions hotels, contributing 16% to the revenue as of Q1FY24.

Ginger : IHCL has 59 Ginger hotels in its portfolio as of Q1FY24, with plans to expand to around 100 hotels by FY26

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2024-03-08 14:07:30 Pre-election Scenario: Rally or Correction?

“How does the market trend move in a pre-election month?”

For Dalal Street investors in India, general elections are pivotal moments marked by early trends, opinion polls, and exit polls that provide valuable insights into potential outcomes.

This time, the election has assumed greater importance, driven by

-India’s escalating significance in geopolitics, its prominent stature in emerging markets, and

-The government’s ambitious aim to propel India to the world’s third-largest economy, up from its current fifth position.

These dynamics underscore the significant impact the upcoming election could have on various sectors and market sentiments.


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