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2024-03-07 12:34:11 The Biggest Beneficiaries of Tata Sons IPO?

Why Tata Chemical Is Rising Continuously?

Tata Sons, classified as an upper-layer non-banking finance company (NBFC-UL), must list on the stock market by September 2025 as per RBI rules.

The potential market value of Tata Sons in its IPO could range from Rs7 lakh crore to Rs8 lakh crore, according to investment advisory Spark PWM Pvt Ltd.

The current market capitalization of Tata Group companies suggests a valuation of around Rs16 lakh crore for Tata Sons’ listed investments.

Additionally, the book value of Tata Sons’ unlisted investments is estimated to be Rs60,000 crore.

Investors are showing significant interest in Tata Chemicals amidst the anticipation of Tata Sons’ potential listing.

Ownership and Stakeholder Dynamics

Dorabji Tata Trust and Ratan Tata Trust own the majority of Tata Sons, with other Tata Group companies holding smaller stakes.

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2024-03-07 12:33:21 *Understanding Shakeout, Correction, and Crash in Smallcap Index*

*Shakeout:*

- Less than 10% correction in 10-20 sessions.
- Quick 3-4 day drop with Index falling by 5-10% and many stocks correcting by 15-25%.
- Stop losses are difficult to execute.
- Followed by a quick pullback and sharp recovery into new highs.
- Consolidation post-shakeout implies lower volatility and low-volume boring period.
- Does not break the last 2 swing lows.

*Correction:*

- Break below the lows of the shakeout or recent swing lows confirms a correction.
- Recovery post-shakeout is not sharp.
- Test of the 2nd swing low and mainly the last 3-9 months low.
- Correction could range from 10-20-25%.
- Post the drop, consolidation may occur.
- Corrections follow multiple shakeouts in a trend.
- More shakeouts indicate a need for caution in buying the first dip.

*Crash:*

- Break below the 2nd swing low or two lower bottoms confirms a major trend change.
- Last 6-9 month lows get taken out.
- Recovery is feeble and cannot sustain much above the 2nd bottom.
- Crash is generally more than 20% and towards 30-70% eventually.
- Wait for a reversal and break above the 2nd swing highs or a classical double bottom or other patterns to confirm a trend change.

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

2024-03-07 05:31:02 Top 10 Stocks to watch Today

Tata Motors: On March 6, global rating agency, Moody's, confirmed the BA3 ratings of Tata Motors, maintaining a positive outlook, reported PTI. In addition, Moody's Investors Service stated that it has also confirmed the Ba3 senior unsecured instrument ratings of Tata Motors Ltd (TML). According to Moody's obligations, 'Ba' ratings are considered to have speculative elements and carry a significant credit risk. The modifier '3' signifies a position at the lower end of this generic rating category.

NLC India: The government is planning to divest up to 7% of its stake in the coal mining company, NLC India, through an offer for sale (OFS) this week. This move could potentially raise up to ₹2,200 crore ($266 million) based on current prices, as reported by Reuters on Wednesday, citing sources.

Mahindra & Mahindra: Prudential Management and Services Pvt Ltd, a promoter group entity of Mahindra & Mahindra, has begun a secondary sale of the company's shares, citing the family's need for liquidity. This was disclosed in a stock exchange filing by the automobile manufacturer on Wednesday. The filing was made in response to a news report about the promoters selling their shares.

JM Financial Products: The RBI has expressed concerns over serious irregularities at JM Financial Products Limited (JMFPL). These include violations of Know Your Customer (KYC) and Anti-Money Laundering (AML) norms, as well as the sharing and usage of customer data across group entities.

Adani Enterprises: The company in an exchange filing said, its Dubai-based subsidiary, Ospree International FZCO, has successfully purchased a 100% stake in Le Marche Duty Free SAS (LMDF), a company based in France, for a total of 5,000 euros. This acquisition is intended to strengthen the company's position and growth in the duty-free industry.

CEAT: The compan's Chennai facility has the potential to manufacture up to 3,000 truck and bus radial (TBR) tyres daily. There's also an opportunity to boost its production of passenger car radial tyres, currently at a rate of 20,000 tyres per day. The company's future direction is expected to be influenced by its digital and technological advancements.

Indraprastha Gas Limited: The company has cut the retail price of compressed natural gas (CNG) in all its service areas, effective from 6 am on March 7. The new selling price of CNG in Delhi is ₹74.09 per kg, a drop from the previous rate of ₹76.59 per kg. In Noida, Greater Noida, and Ghaziabad, the price has been revised to ₹78.70 per kg, down from ₹81.20 per kg.

Indian Oil Corporation: The company is set to begin production of fuel used in the high-octane sport of Formula One or F1 racing within the next three months. This move is part of IOC's strategy to broaden its range of specialized fuels. This new fuel will be supplied for the Asian region motorcycle road racing championship. "We are currently collaborating with the FIM Asia Road Racing Championship to supply 'Storm'.

Glenmark Life Sciences: The pharma company announced on Wednesday that its Chairman, Glenn Saldanha, and non-executive director, VS Mani, have stepped down following a change in the company's ownership. Sridhar Gorthi, an independent director, has also resigned alongside Saldanha and Mani, effective from the end of business hours on March 6, 2024, as stated in a regulatory filing by the company.

Shriram Finance: The non-banking finance company is preparing to secure a $200 million loan through an external commercial borrowing (ECB) facility from several international banks as soon as next week. This move is aimed at bolstering its funding to meet the growing demand for credit.
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2024-03-06 11:47:14 *Understanding Stock Corrections: Reasons and Investor Response*

There are several reasons why a stock may experience a correction:

- *Fall due to Broader Market:* When the overall market sentiment turns negative, it can drag down individual stocks.

- *Fall after Bad Results:* Poor financial performance or missed earnings expectations can lead to a stock decline.

- *Fall after Brokerage Downgrade:* Negative assessment by brokerage firms can impact investor sentiment and drive down the stock price.

- *Fall due to Particular News:* Negative news related to the company or its industry can cause a temporary drop in the stock value.

- *Fall due to Particular Events:* Events such as regulatory changes, lawsuits, or management changes can adversely affect stock prices.

If a company continues to deliver strong results despite a broader market correction, investors should not panic:


- *Focus on Fundamentals:* Evaluate the company's financial health, growth prospects, and management quality.

- *Long-Term Perspective:* If the company's fundamentals remain strong, short-term market fluctuations should not deter long-term investment goals.

- *Opportunity to Buy:* Market corrections can present buying opportunities for investors to acquire quality stocks at discounted prices.

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

2024-03-06 05:31:01 Top 10 Stocks to watch Today

Zomato: Antfin Singapore Holdings Pte, a subsidiary of the China-based Ant Group, is reportedly planning to sell up to 2% stake or 17.64 crore shares in the food delivery platform Zomato. The transaction, which is expected to be worth ₹2,800 crore, will be conducted through a block deal, reported CNBC-Awaaz on Tuesday. The block deal's floor price has been set at ₹159.4 per share, indicating a 4% discount on Zomato's current market price, as per the report.

Ashoka Buildcon: Canadian pension fund CDPQ is in exclusive negotiations to acquire five operational road projects from Ashoka Concessions Ltd, a subsidiary of the infrastructure firm Ashoka Buildcon. The potential equity and enterprise values for this deal are estimated to be around $325 million and $700 million, respectively, according to individuals familiar with the discussions.

Samvardhana Motherson International: Sumitomo Wiring, a key stakeholder in the automotive firm Samvardhana Motherson, is reportedly planning to sell a 4.5 percent stake through a block deal, reported CNBC-Awaaz on March 5, citing sources. The report indicated that Sumitomo intends to sell approximately 30 crore shares via the block deal.

IIFL Finance: On Tuesday, IIFL Finance sought to alleviate investor worries by asserting that there were no governance shortcomings, following the RBI's order prohibiting the NBFC from granting any gold-backed loans. Nirmal Jain, the company's managing director, had clarified in a call with analysts on Tuesday, “We want to state unequivocally that there are no issues related to governance or ethics.

Bharat Heavy Electricals: The state-owned company announced on Tuesday that it has secured an order from NTPC to establish a 1,600 MW thermal power project (Stage-II) in Singrauli. The order's value exceeds ₹9,500 crore, excluding GST, as per BHEL's regulatory filing. The engineering firm anticipates completing Unit 1 in 50 months and Unit 2 in 54 months.

Adani Green Energy: The company said on Tuesday that an additional 448.95 MW of solar power projects in Khavda, Gujarat, have been put into operation by two of its fully-owned subsidiaries, Adani Green Energy Twenty Four A Ltd and Adani Green Energy Twenty Four B Ltd. Following the company's disclosure to the stock exchanges on February 14, 2024, a total of 1,000 MW of solar power projects have been operationalised at Khavda, as per the company's stock exchange filing.

Coal India: The coal ministry announced on Tuesday that the Gevra mine, managed by Coal India's subsidiary South Eastern Coalfields Ltd (SECL) in Chhattisgarh, has been granted environmental approval to increase its production capacity to 70 million tonnes annually. At present, Gevra has an annual production capacity of 52.5 million tonnes, making it India's largest.

Indian Railway Catering and Tourism Corp: Food delivery platform Swiggy announced a collaboration with the Indian Railway Catering and Tourism Corp on Tuesday to provide pre-ordered meals to passengers at four key railway stations in India, thereby joining its competitor, Zomato, in offering this service.

Coforge: IT services company Coforge Ltd revealed on Tuesday that it has forged a multi-year alliance with Carnival UK, the parent organization of P&O Cruises and Cunard. In a statement to the stock exchanges, Coforge said that this partnership with Carnival UK will concentrate on enhancing the Quality Engineering (QE) and Testing competencies of P&O Cruises and Cunard's two cruise lines across all operational areas.
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2024-03-05 14:28:42 TATA POWER , Union Bank Big Update

Renewed Partnership to Boost Rooftop Solar Adoption

TATA Power's CO Unit and Union Bank have renewed their partnership. The aim is to encourage rooftop solar adoption among residential consumers.

This collaboration seeks to promote sustainable energy solutions, particularly focusing on the residential sector.

Union Bank's continued support underscores the commitment to green initiatives and renewable energy.

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

2024-03-05 14:25:15

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

Tata Motors: The leading Indian automaker has announced its decision to separate its commercial and passenger vehicles businesses into distinct listed entities. This strategic move is designed to unlock potential value and reflects the company's confidence in the future of both sectors. The commercial vehicles (CV) division of Tata Motors, which manufactures trucks, vans, and buses, will operate separately from the passenger vehicles (PV) division that produces cars, SUVs, and electric vehicles (EV).

IIFL Finance: On Monday, the Reserve Bank of India (RBI) instructed IIFL Finance to cease the distribution of gold loans due to "significant supervisory concerns" identified in the non-banking financial company's gold loan portfolio. The central bank highlighted that these lapses, which include regulatory breaches, negatively affect customer interests.

Jindal Stainless Steel: The steelmaker's green hydrogen initiative is in line with the government's commitment to a greener and more sustainable future, and it will serve as a model for other industry participants to adopt clean technologies, said Jyotiraditya Scindia, the Union Minister for Aviation and Steel, on Monday. His remarks came at the launch of India's inaugural green hydrogen facility in the stainless-steel industry, established by Jindal Stainless Steel.

Macrotech Developers: Prominent real estate firm Macrotech Developers has launched a Qualified Institutional Placement (QIP) to raise approximately $400 million, according to multiple informed industry sources, reported Moneycontrol. The funds raised will be allocated towards land acquisition and debt repayment, said one of the sources. The launch of the deal was also confirmed by a second source.

Maruti Suzuki India: The carmaker is preparing for a significant SUV drive, with at least six out of every ten new models slated for launch over the next three years starting FY25 being SUVs. This move underscores the Japanese automaker's intent to intensify its focus on SUVs in response to a swift shift in consumer preference.

AU Small Finance Bank: On March 4, the Reserve Bank of India (RBI) announced its approval for the Amalgamation Scheme between Fincare Small Finance Bank and AU Small Finance Bank Ltd. The merger will officially take effect from April 01, 2024, RBI said. Post the merger date, all existing branches of Fincare Small Finance Bank Ltd will operate as branches of AU Small Finance Bank Ltd.

Jai Balaji Industries: A rare success story in the iron and steel sector, Jai Balaji Industries, has been added to several indices of the National Stock Exchange. The company has now entered the Nifty 500, Nifty 500 Multicap 50:25:25, Nifty SmallCap 250, and NSE Mid and Small Cap index. These inclusions will take effect from March 28. The company was also added to the MSCI Smallcap Index in November of the previous year.

Apeejay Surrendra Park Hotels: On March 4, the company announced a 46% increase in its consolidated net profit, reaching ₹27.42 crore for the third quarter ending December 31, 2023. In the corresponding quarter of the previous fiscal year, the company had reported a consolidated net profit of ₹18.77 crore. T

Angel One: The brokerage firm announced a 4.9% month-on-month and 60.8% year-on-year increase in its client base in February. The client base was 2.14 crore at the end of February, compared to 2.04 crore at the end of January and 1.33 crore at the end of February 2023.

Brigade Enterprises: The real estate developer based in Bengaluru has initiated the Dioro project at Brigade El Dorado spanning approximately 6.1 million square feet and is projected to generate revenue of ₹380 crore.
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2024-02-09 12:22:11 LIC Emerges as India's 5th Most Valuable Company : https://www.linkedin.com/posts/bharath-shankar-64b5b918_lic-emerges-as-indias-5th-most-valuable-activity-7161650311655280641-dGqg? ओपन / कमेंट

2024-02-09 12:18:48 Replace the word "Fall or Crash" with "Opportunity" & the market will turn more interesting.

A good investment should satisfy following criteria:

1. Posted excellent results

2. Stock PE is at the lower end of sector PE (if sector PE is 50-100 and stock PE is 55, it is good from valuation perspective)

3. Optional condition: Stock should have made 52-week high recently (given a breakout) and has now fallen giving a breakout retest.


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