Stocks to Watch

Stocks to Keep an eye on.

• Bharat Forge: To purchase a 49% stake in its subsidiary, Kalyani Strategic Systems, for Rs 32.97 crore. Currently, the company holds a 51% stake in KSSL. After this acquisition, KSSL shall become a wholly-owned subsidiary of the company.

• HCL Technologies: Announced expansion of investment in the United Kingdom with the hiring of 1000 technology professionals to support its clients in the U.K. and around the world.

• Zuari Agro Chemicals: Company said its Goa fertiliser plant has been hit by the cyclonic storm Tauktae. It is assessing damages by the cyclone to the plant. There could be a potential delay in restarting ammonia, urea plants.

• Apollo Tyres: Company says the Perambra plant in Kerala will be closed till May 23 in view of the local restrictions due to Covid-19.

• Union Bank of India: Board approved raising up to Rs 1,750 crore through a qualified institutional placement at a floor price of Rs 35.6 per share. The share sale was authorised to open on May 17.

• Kotak Mahindra Bank: Acquired 1.3 crore equity shares, representing 46.7% of the issued and paid-up equity share capital of Kotak Mahindra Pension Fund Limited from Kotak Mahindra Asset Management Company Limited for Rs 12.71 crore. After this acquisition, the bank's shareholding in KMPFL will increase from 4.3% to 51%. Also, KMPFL has now become a direct subsidiary of the bank.

• Garden Reach Shipbuilders And Engineers: Suspended operations at all units in West Bengal till May 30 to comply with state Covid order.

• Strides Pharma Sciences: Promoter pledge reduced by 38%. Currently, the overall promoter group pledge stands at 25.98% of the promoter holding and 7.71% of the paid-up capital of the company as compared to 41.96% of the promoter holding and 12.45% of the paid-up capital as of May 7.

• Hemisphere Properties India: Board has allotted 10 crore Non-Cumulative Redeemable Preference Shares of Rs 10 each at par aggregating to Rs 100 crore on a private placement basis to the Promoter President of India.

• Skipper: To keep its offices and manufacturing units in West Bengal shut till May 30 to comply with state Covid order.

If you want make Profits,
You have to be a good Chart Reader.

Astral Poly Q4 : Net profit Up 233 % to Rs 170 cr (YOY)

Revenue up 80 % to Rs 1130 cr

TORRENT PHARAM Q4 : Net Profit Up 3 % to Rs 324 cr (YOY)

Revenue flat at Rs 1937 cr

EBITDA up 6 % to Rs 582 cr

margins at 30% V 28.1 %

TATA MOTORS: CO EXPECT Q1 FY22 TO BE RELATIVELY WEAK, EXPECT TO IMPROVE GRADUALLY FROM Q2 || CO SAYS DEMAND REMAINS STRONG; SUPPLY IN NEXT FEW MONTHS LIKELY TO BE HIT BY COVID DISRUPTIONS, CHIP SHORTAGES

UJJIVAN SMALL FINANCE BANK:
Q4 SL NET PROFIT 1.36B RUPEES VS PROFIT 731.5M (YOY); EST PROFIT 835M | LOSS 2.79B (QOQ)

Q4 INTEREST EARNED 6.18B RUPEES VS 7.37B (YOY)

Q4 PROVISIONS LOSS 252.2M RUPEES VS PROFIT 968.8M (YOY)

JINDAL STAINLESS HISAR Q4 : Net profit up 218 % to Rs 350 cr (YOY)

Revenue Up 37 % to Rs 3100 cr

AARTI IND: Board Approves 1:1 Bonus Issue... Record date will be announced soon

ADANI GREEN OFFICIAL FILING

Keep an eyes on Larsen & Toubro

Don't Judge the Markets,
Trade the Markets instead.

#RBI Governor meets MD & CEOs of Public Sector Banks

RBI-PSBs Meet | RBI asks banks to implement recently announced measures in right earnest

RBI urges banks to continue focussing on enhancing resilience of their balance sheets

Current state of the financial sector discussed in meeting

RBI-PSBs Meet | Credit flows to different sectors including to small borrowers, MSMEs discussed

RBI took stock of progress in implementation of Covid Resolution Framework 1.0

Monetary policy transmission & implementation of Covid-related policy measures taken by RBI discussed

INEOS STRYLUTION Q4 : Net Profit Of Rs 161 cr against Rs 4.4 cr profit last year

Revenue up 77 % to Rs 637 cr

Dividend Updates

👉🏻Ester Industries Ltd Board approves final dividend of Rs. 1.90

👉🏻GlaxoSmithKline Pharmaceuticals Ltd board recommends dividend of Rs. 30

👉🏻Aarti Industries Ltd board recommends final dividend of Rs. 3

👉🏻NLC India Limited announces shut down of Unit 5

👉🏻PI Industries Limited board recommends final dividend of Rs. 2

👉🏻Heritage Foods Ltd Board recommends dividend of Rs. 5

👉🏻Indian Oil Corporation Ltd board recommends final dividend of Rs. 1.50

👉🏻TCI Express Ltd Board recommends final dividend of Rs. 2

👉🏻INEOS Styrolution India Ltd board recommends dividend of Rs. 10

👉🏻Clariant Chemicals (India) Ltd Board recommends Final Dividend of Rs. 15

👉🏻Endurance Technologies Limited
board recommends dividend of Rs. 6

If you want to stay in the Market.
Learning and Protecting your capital is very important.

2nd Distribution Pattern - High Probability Setup for a Bearish Trade. Perhaps can make you Rich! When you see this Pattern Go for a Short position.

DR LAL PATH LABS:
Q4 CONS NET PROFIT 834M RUPEES VS 325M (YOY); EST 820M | 945M (QOQ)

Q4 REVENUE 4.31B RUPEES VS 3.02B (YOY)

CO RECOMMENDED FINAL DIVIDEND OF 8 RUPEES PER SHARE

SHREE CEMENT Q4 : Net Profit Up 50 % to Rs 800 cr (YOY)

Revneue Up 23 % to Rs 4204 cr

Recommends Rs 60 as final Dividend

GUJRAT LEASING FINANCE Q4 : Net Loss of Rs 5.26 lkh against Rs 31 lkh profit last year

Total Income only Rs 1.84 lkh against Rs 56.6 lkh last year

GODREJ IND Q4 : Net Loss of Rs 16 cr against Rs 27 cr profit last year

Revenue down 15 % to Rs 2785 cr

EBITDA down 50 % to Rs 193 cr

Dividend Updates

👉🏻Rishiroop Ltd Board recommends dividend of Rs. 1.20

👉🏻State Bank of India Board recommends Dividend of Rs. 4

👉🏻Dhanuka Agritech Ltd Board recommends dividend of Rs. 2

👉🏻Hindalco Industries Ltd Board recommends Dividend of Rs. 3

👉🏻Sandhar Technologies Ltd Board recommends Final Dividend of Rs. 1

👉🏻Wheels India Ltd Board recommends Dividend of Rs. 1

👉🏻Manaksia Coated Metals & Industries Ltd Board approves dividend of Rs. 0.03

👉🏻JSW Steel Ltd board recommends final dividend of Rs. 6.50

👉🏻Dr. Lal PathLabs Ltd board recommends final dividend of Rs. 8

👉🏻Shree Cement Ltd board recommends final dividend of Rs. 60

👉🏻Aarti Surfactants Ltd board recommends final dividend of Rs. 3

👉🏻The Dharamsi Morarji Chemical Company Limited board recommends final dividend of Rs. 0.50

👉🏻Hitech Corporation Ltd Board recommends Dividend of Rs. 1

👉🏻Crompton Greaves Consumer Electricals Ltd Board recommends Dividend of Rs. 2.50

👉🏻Container Corporation of India Ltd Board recommends Final Dividend of Rs. 2

👉🏻Kabra ExtrusionTechnik Ltd board recommends dividend of Rs. 2.50

👉🏻Elgi Equipments Ltd board recommends dividend of Rs. 0.80

Psychology and Mindset are the Keys to become Successful in Trading.

FII's / Foreign Institutional Investors are net sellers this week..

DIIs / Mutual funds are buying the stocks... They're net buyers this week...

Nifty which is 296 pts away from life time high of 15431
But Nifty bank which is 2491pts away from its Life time high at 37098.

TOP10 Stocks In Focus
1- SBI
2- JSW STEEL
3- AMARA RAJA
4- SHREE CEMENT
5- DR LAL PATH
6- USL
7- AMBER ENT
8- MAHANAGAR GAS
9- GRASIM IND
10- NATCO PHARMA