Market Decoder
If Nifty Breaks 19305 in daily then 19170 ,19105, 19000, and 18860 are next support levels
This view is still valid, untill 19550 or 19305 is not broken market ll be in sideways
Market Decoder
Mapmy India looks good with superb RR , 990 is SL in Weekly closing basing , Target open. Cmp : 1015
Map myindia Given at 1015 high made 1479๐๐๐๐
Market Decoder
Dream folks investment opportunity
Dreamfollks from 482 to 810 today high๐
JIO WILL NOT LIST TOMMORROW. only price difference will be determined for jio but listing will be later...
Example
Say reliance tday closing is 2850 and tomo 9 to 10 am price will be discovered for reliance say it comes to 2600....
Now next day onward jio will be listed as 51 - in nifty 50 component at a fixed price of 250rs(2850-2600) till it is listed it will be fixed at 250 rs....
This will continue as 51 item till the day it is listed which is not yet finalised... on listing day of jio it will be removed and again nifty 50 will have 50 component...
Basically price will be determined tomo between 9 to 10 for jio but trading will be allowed after future listing date....
Example
Say reliance tday closing is 2850 and tomo 9 to 10 am price will be discovered for reliance say it comes to 2600....
Now next day onward jio will be listed as 51 - in nifty 50 component at a fixed price of 250rs(2850-2600) till it is listed it will be fixed at 250 rs....
This will continue as 51 item till the day it is listed which is not yet finalised... on listing day of jio it will be removed and again nifty 50 will have 50 component...
Basically price will be determined tomo between 9 to 10 for jio but trading will be allowed after future listing date....
Market Decoder
IGPL moving towards 550 and 605 minimum
Again focus on this stock
Market Decoder
https://www.instagram.com/reel/Cu4GI5kyqO_/?igshid=MmU2YjMzNjRlOQ==
Here are the stocks for portfolio, Start doing SIP for next few years. STOCKS can double from current levels.
*Money Times Talk*
*July 23, 2023*
โน
In the Public Sector Banking space, Canara Bank is poised to surpass its present book
value of Rs 430 in the current fiscal. Buy.
Thereโs a global shortage of morphine and other opiates, which augurs well for Bajaj
Healthcare commissioned to process opium for government bodies.
Mishtann Foods notched Q1FY24 EPS of Rs.0.69 as against Q1FY23 of Rs.0.11. Both its
revenue and profit are rising. It also has huge plans to enter the ethanol business. Add
for hefty gains.
Bank of Maharashtra notched Q1 EPS of Rs.1.29 as against Rs.0.67 in Q1FY23, which may
lead to FY24 EPS of Rs.5+ as against FY23 EPS of Rs3.84. It is also a divestment
candidate. Add.
Wardwizard Innovations known for their 'Joy e-bike' brand of EVs is reportedly faring
well. The current beaten-down stock price is a good opportunity to Buy.
In the Public Sector Banking space, Canara Bank is poised to surpass its present book
value of Rs 430 in the current fiscal. Buy.
Pearl Globalโs Q1 results are expected soon and its stock price is also rising. Further,
expanding business and declining cotton prices will boost its profitability. Buy
immediately.
Auto components major, Craftsman Automation, is witnessing higher volumes and
prices. The ongoing expansions will fuel growth. Add.
The entire banking sector is faring well and Karnataka Bank is poised for a big leap. It is
in its centenary year. Investors can expect a pleasant surprise. Buy.
Tinna Rubber is expected to declare a handsome bonus in the next few days. Buy
immediately.
India and Argentina are discussing the export of Tejas (Light Combat Aircraft) and
Brahmos Missile deals. HAL and Bharat Dynamics can be big beneficiaries. Add.
IndusInd Bank Q1 profits rose 30% to Rs.2124 cr. and a similar performance is expected
for the rest of the year. Add.
Due to rise in premiums, ICICI Lombard Q1 profits grew 12%. Add in small quantities for
the long term.
HCL plans to enter in lucrative semiconductor business industry. A big positive. Add.
Can Fin Homes Q1 PAT rose 13% YoY and its loan book stands at Rs.32505 cr. Add for the
long term.
CSB Bank Q1FY24 consolidated NP grew 15% to Rs.132.23 cr. Its Q1FY24 total deposits
stood at Rs.24475 cr. as against Rs.20267 cr. in Q1FY23. Its CASA ratio is also improving.
Add.
Coforgeโs Q1 PAT rose 51% to Rs.176 cr. Its order intake is also rising as it has added 6
new big clients in Q1FY24. A dividend of Rs.19/share has been declared. Buy.
Zensar Technologies Q1 NP rose 31%. It is aggressively pursuing its drone business and
improving prospects of the defence industry is a good sign. Add.
Tata group company NELCOโs Q1 PAT rose 21% to Rs.6 cr. Long-term investors can Buy.
Havells India Q1 PAT grew 18% YoY to Rs.287 cr. It has big expansion plan on hand. Thus,
its share price is set to achieve new heights. Add.
Bikaji Foods has acquired 49% stake in an emerging snack company Bhujialalji. A big
positive. Add in small lots.
L&T Financeโs Q1 PAT doubled to Rs.531 cr. It caters to all the segments and also comes
from a strong stable. Add on dips.
Defence order wins and rising market share augur well for Ashok Leyland. Buy for the
long term.
Aurobindo Pharma is eyeing a $ 5 bn revenue in the next 5 years. It plans to make
substantial investments in its infrastructure and facilities to achieve this goal. Add for
the long term.
Karur Vysya Bank notched 55% higher Q1 EPS of Rs.4.5, which may lead to FY24 EPS of
Rs.20 as against FY23 EPS of Rs.13.8. Some funds have recently bought large chunk of
this scrip. Buy for hefty gains.
Rajiv Jain-led GQG partners and other investors bought 5.96% stake in Patanjali Foods
on 14 July 23 through the stock exchange settlement process by way of an OFS. A big
positive. Add for the long term.
*July 23, 2023*
โน
In the Public Sector Banking space, Canara Bank is poised to surpass its present book
value of Rs 430 in the current fiscal. Buy.
Thereโs a global shortage of morphine and other opiates, which augurs well for Bajaj
Healthcare commissioned to process opium for government bodies.
Mishtann Foods notched Q1FY24 EPS of Rs.0.69 as against Q1FY23 of Rs.0.11. Both its
revenue and profit are rising. It also has huge plans to enter the ethanol business. Add
for hefty gains.
Bank of Maharashtra notched Q1 EPS of Rs.1.29 as against Rs.0.67 in Q1FY23, which may
lead to FY24 EPS of Rs.5+ as against FY23 EPS of Rs3.84. It is also a divestment
candidate. Add.
Wardwizard Innovations known for their 'Joy e-bike' brand of EVs is reportedly faring
well. The current beaten-down stock price is a good opportunity to Buy.
In the Public Sector Banking space, Canara Bank is poised to surpass its present book
value of Rs 430 in the current fiscal. Buy.
Pearl Globalโs Q1 results are expected soon and its stock price is also rising. Further,
expanding business and declining cotton prices will boost its profitability. Buy
immediately.
Auto components major, Craftsman Automation, is witnessing higher volumes and
prices. The ongoing expansions will fuel growth. Add.
The entire banking sector is faring well and Karnataka Bank is poised for a big leap. It is
in its centenary year. Investors can expect a pleasant surprise. Buy.
Tinna Rubber is expected to declare a handsome bonus in the next few days. Buy
immediately.
India and Argentina are discussing the export of Tejas (Light Combat Aircraft) and
Brahmos Missile deals. HAL and Bharat Dynamics can be big beneficiaries. Add.
IndusInd Bank Q1 profits rose 30% to Rs.2124 cr. and a similar performance is expected
for the rest of the year. Add.
Due to rise in premiums, ICICI Lombard Q1 profits grew 12%. Add in small quantities for
the long term.
HCL plans to enter in lucrative semiconductor business industry. A big positive. Add.
Can Fin Homes Q1 PAT rose 13% YoY and its loan book stands at Rs.32505 cr. Add for the
long term.
CSB Bank Q1FY24 consolidated NP grew 15% to Rs.132.23 cr. Its Q1FY24 total deposits
stood at Rs.24475 cr. as against Rs.20267 cr. in Q1FY23. Its CASA ratio is also improving.
Add.
Coforgeโs Q1 PAT rose 51% to Rs.176 cr. Its order intake is also rising as it has added 6
new big clients in Q1FY24. A dividend of Rs.19/share has been declared. Buy.
Zensar Technologies Q1 NP rose 31%. It is aggressively pursuing its drone business and
improving prospects of the defence industry is a good sign. Add.
Tata group company NELCOโs Q1 PAT rose 21% to Rs.6 cr. Long-term investors can Buy.
Havells India Q1 PAT grew 18% YoY to Rs.287 cr. It has big expansion plan on hand. Thus,
its share price is set to achieve new heights. Add.
Bikaji Foods has acquired 49% stake in an emerging snack company Bhujialalji. A big
positive. Add in small lots.
L&T Financeโs Q1 PAT doubled to Rs.531 cr. It caters to all the segments and also comes
from a strong stable. Add on dips.
Defence order wins and rising market share augur well for Ashok Leyland. Buy for the
long term.
Aurobindo Pharma is eyeing a $ 5 bn revenue in the next 5 years. It plans to make
substantial investments in its infrastructure and facilities to achieve this goal. Add for
the long term.
Karur Vysya Bank notched 55% higher Q1 EPS of Rs.4.5, which may lead to FY24 EPS of
Rs.20 as against FY23 EPS of Rs.13.8. Some funds have recently bought large chunk of
this scrip. Buy for hefty gains.
Rajiv Jain-led GQG partners and other investors bought 5.96% stake in Patanjali Foods
on 14 July 23 through the stock exchange settlement process by way of an OFS. A big
positive. Add for the long term.
RPP Infra Projects has won projects worth Rs.138 cr. in Himachal Pradesh and Rs.289 cr.
in Tamil Nadu. Its order book now stands at Rs.3200 cr. With Q4 EPS of Rs.4.3, it may end
FY24 EPS of Rs.15+. Buy for 30% gain.
IndusInd Bank posted 30% higher Q1 EPS of Rs.27.3 as net advances grew 21% YoY/ 6%
QoQ to Rs.3.01 lakh cr. and deposits by 15% to Rs.3.47 lakh cr. Its promoters, the Hindujas,
plan to invest Rs.10000 cr. raise their stake. Buy.
Repco Home Finance posted 106% higher Q4 EPS of Rs.13.4 and 62% higher FY23 EPS of
Rs.50.6, which may lead to FY24 EPS of Rs.62+. MFs and FPIs together hold 32% shares in
Repco. Buy.
Suraj Products notched 33% higher Q1 EPS of Rs.7.4, which may lead to FY24 EPS of
Rs.30+ as against FY23 EPS of Rs.22.8. Add for 20% gains.
Karnataka Bank shares are being chased by investors as it posted FY23 EPS of Rs.37.8,
which may take FY24 EPS to Rs.48. Buy for hefty gains.
Shyam Metalics commissions its 165000 TPA Sponge Iron plant taking total capacity to
2.7 lakh TPA. It has also enhanced its power plant by 90 MW. It posted FY23 sales of
Rs.12610 cr. and EPS of Rs.34. Buy.
Shreyans Industries notched 643% higher FY23 EPS of Rs.53.1 as against FY22 EPS of
Rs.7.2, which may lead to higher FY24 EPS of Rs.70+. Buy for 30% gain.
Cigniti Technologies, leader in Quality Engineering, AI-based Analytics and
Automation, Application Security Testing, Cloud Migration and a major player in ERP
and COTS Testing. Add for decent gains.
CSB Bank notched 15.5% higher Q1 EPS of Rs.7.6 and FY23 EPS of Rs.32, which may lead to
FY24 EPS of Rs.38+. Its net NPA has fallen to 0.32% from 0.60% YoY. Buy for hefty gains.
South Indian Bank notched 76% higher Q1 EPS of Rs.1, which may lead to FY24 EPS of
Rs.4.7 as against FY23 EPS of Rs.3.7. Add on dips for the long term.
Rudra Global Infraโs new rolling mill will enhance its capacity of TMT Bars to 2.4 lakh
TPA and boost its top line as well as overall profitability. Add for hefty gains.
Jaysynth Dyestuff cum 25% dividend is going cheap. It trades at a P/E of 11x and P/B of
0.68x and notched FY23 EPS of Rs.6.50. It is enhancing capacities by internal accruals.
Keep it on your radar.
Dhanalaxmi Roto trades at a P/E of 5.6x and P/B of 0.98x. It RoE, RoCE and RoA are
28.86%, 39.71% and 16.76%. Its NP grew 81% fetching an FY23 EPS of Rs.17. Add for hefty
gains.
XT Global has commenced a new development center spread over 3 lakh sq. ft. with a
seating capacity of 2000 employees in a prime location of Vizag. Keep it on your radar.
Swelect Energy commissions its fully automated solar panel manufacturing unit and
may now venture into cell manufacturing for solar panels. This plant alone can
generate Rs.1000+ cr. revenue per year. Add for multi-bagger returns.
Gujarat Apollo Industries FY23 profit rose 52% to Rs.12.47 cr. as against Rs.8.18 cr. in FY22.
Due to liberal mining policy next 5-7 qtrs. look promising. It has a big book value of
Rs.406. Add.
A market veteran opines that the Q1 result season will be highly volatile as many
investors have already taken position in anticipation of the earning reports. Any slight
misses or surprises may lead to significant ups & downs in stock prices as seen in the
case of Infosys and Reliance. So stay light and trade with strict stop loss. Stock specific
wild volatility likely till 16th August. Avoid over trading/leverage positions.
Alliance Global Blanco, a wealth & asset management firm that manages over $150
billion, has expressed a keen interest in acquiring a significant stake in Visagar
Financial Services. Buy.
Shree Ram Proteins has received an order for export of 100% cotton yarn to China.
Further, its right issue is currently open and will close on 10 August 2023. Add.
Bajaj consumers seems to be on the upswing with rural demand picking up. This is the
in Tamil Nadu. Its order book now stands at Rs.3200 cr. With Q4 EPS of Rs.4.3, it may end
FY24 EPS of Rs.15+. Buy for 30% gain.
IndusInd Bank posted 30% higher Q1 EPS of Rs.27.3 as net advances grew 21% YoY/ 6%
QoQ to Rs.3.01 lakh cr. and deposits by 15% to Rs.3.47 lakh cr. Its promoters, the Hindujas,
plan to invest Rs.10000 cr. raise their stake. Buy.
Repco Home Finance posted 106% higher Q4 EPS of Rs.13.4 and 62% higher FY23 EPS of
Rs.50.6, which may lead to FY24 EPS of Rs.62+. MFs and FPIs together hold 32% shares in
Repco. Buy.
Suraj Products notched 33% higher Q1 EPS of Rs.7.4, which may lead to FY24 EPS of
Rs.30+ as against FY23 EPS of Rs.22.8. Add for 20% gains.
Karnataka Bank shares are being chased by investors as it posted FY23 EPS of Rs.37.8,
which may take FY24 EPS to Rs.48. Buy for hefty gains.
Shyam Metalics commissions its 165000 TPA Sponge Iron plant taking total capacity to
2.7 lakh TPA. It has also enhanced its power plant by 90 MW. It posted FY23 sales of
Rs.12610 cr. and EPS of Rs.34. Buy.
Shreyans Industries notched 643% higher FY23 EPS of Rs.53.1 as against FY22 EPS of
Rs.7.2, which may lead to higher FY24 EPS of Rs.70+. Buy for 30% gain.
Cigniti Technologies, leader in Quality Engineering, AI-based Analytics and
Automation, Application Security Testing, Cloud Migration and a major player in ERP
and COTS Testing. Add for decent gains.
CSB Bank notched 15.5% higher Q1 EPS of Rs.7.6 and FY23 EPS of Rs.32, which may lead to
FY24 EPS of Rs.38+. Its net NPA has fallen to 0.32% from 0.60% YoY. Buy for hefty gains.
South Indian Bank notched 76% higher Q1 EPS of Rs.1, which may lead to FY24 EPS of
Rs.4.7 as against FY23 EPS of Rs.3.7. Add on dips for the long term.
Rudra Global Infraโs new rolling mill will enhance its capacity of TMT Bars to 2.4 lakh
TPA and boost its top line as well as overall profitability. Add for hefty gains.
Jaysynth Dyestuff cum 25% dividend is going cheap. It trades at a P/E of 11x and P/B of
0.68x and notched FY23 EPS of Rs.6.50. It is enhancing capacities by internal accruals.
Keep it on your radar.
Dhanalaxmi Roto trades at a P/E of 5.6x and P/B of 0.98x. It RoE, RoCE and RoA are
28.86%, 39.71% and 16.76%. Its NP grew 81% fetching an FY23 EPS of Rs.17. Add for hefty
gains.
XT Global has commenced a new development center spread over 3 lakh sq. ft. with a
seating capacity of 2000 employees in a prime location of Vizag. Keep it on your radar.
Swelect Energy commissions its fully automated solar panel manufacturing unit and
may now venture into cell manufacturing for solar panels. This plant alone can
generate Rs.1000+ cr. revenue per year. Add for multi-bagger returns.
Gujarat Apollo Industries FY23 profit rose 52% to Rs.12.47 cr. as against Rs.8.18 cr. in FY22.
Due to liberal mining policy next 5-7 qtrs. look promising. It has a big book value of
Rs.406. Add.
A market veteran opines that the Q1 result season will be highly volatile as many
investors have already taken position in anticipation of the earning reports. Any slight
misses or surprises may lead to significant ups & downs in stock prices as seen in the
case of Infosys and Reliance. So stay light and trade with strict stop loss. Stock specific
wild volatility likely till 16th August. Avoid over trading/leverage positions.
Alliance Global Blanco, a wealth & asset management firm that manages over $150
billion, has expressed a keen interest in acquiring a significant stake in Visagar
Financial Services. Buy.
Shree Ram Proteins has received an order for export of 100% cotton yarn to China.
Further, its right issue is currently open and will close on 10 August 2023. Add.
Bajaj consumers seems to be on the upswing with rural demand picking up. This is the
only FMCG Company available at a P/E of 20 x.
Nestle has a high P/E ratio which has shown consistent performance even when its
peers are struggling. It has rolled out an expansion plan of Rs.5000 cr. and has given
nearly 30% return in past one year. A must have in every portfolio.
Camlin Fine is understood to be in for better times. A high risk reward preposition. Risk
taking investors can add.
Camphor producers and manufacturers are on a roll due to rising camphor prices.
Mangalam Organics backed by Radhakishan Damani is down nearly 50% from its 52-
week high and can see a good 20-25% move in the coming week. Add.
With Universal Cables and Vindhya Tele hitting 52-week highs on Friday, it would be
prudent to look at another group Co. Birla Cable in the coming week for trading
momentum. After Polycab's results all cable manufacturers are on fire. Add.
Zensar Tech posted good results and any 10-20% decline in the stock due to decline in
larger IT companies provides a good entry opportunity to long term investors. Add.
TRIL declined by 30% last week due to some order issues with Gujarat government.
Another 20% decline near levels of Rs.70 would give a good opportunity to enter. Keep it
on your radar.
Cosmo Films is engaged in specialty films for packaging, lamination and labelling. Its
share trades at a P/E of just 7x and is available at a 50% discount to its 52-week high
price. Add for 40% gain.
Summit Securities at a market capital of Rs.910 cr. is available at 90% discount to its
holding of Rs.8500 cr. in CEAT, KEC, ZENSAR. It is a zero debit company. Add for 50%
gains.
Railtel offers High-capacity bandwidth up to 800G at 87 locations and has 11000+
points of presences. It has major PSUs and Telecom companies as its customers and is
a minimal debt company with good fundamentals. Quant Mutual Fund acquired 23
lakh shares on Friday. Add.
Globesecure Technologies is looking to acquire Protechmanize Solutions Pvt. Ltd.,
which will strengthen its position in digital transformation in cyber security services. It is
expected to do well given the industry in which it operates and its growing popularity.
Add.
Money Times Talk is part of 'Money Times' publication.bs.
Nestle has a high P/E ratio which has shown consistent performance even when its
peers are struggling. It has rolled out an expansion plan of Rs.5000 cr. and has given
nearly 30% return in past one year. A must have in every portfolio.
Camlin Fine is understood to be in for better times. A high risk reward preposition. Risk
taking investors can add.
Camphor producers and manufacturers are on a roll due to rising camphor prices.
Mangalam Organics backed by Radhakishan Damani is down nearly 50% from its 52-
week high and can see a good 20-25% move in the coming week. Add.
With Universal Cables and Vindhya Tele hitting 52-week highs on Friday, it would be
prudent to look at another group Co. Birla Cable in the coming week for trading
momentum. After Polycab's results all cable manufacturers are on fire. Add.
Zensar Tech posted good results and any 10-20% decline in the stock due to decline in
larger IT companies provides a good entry opportunity to long term investors. Add.
TRIL declined by 30% last week due to some order issues with Gujarat government.
Another 20% decline near levels of Rs.70 would give a good opportunity to enter. Keep it
on your radar.
Cosmo Films is engaged in specialty films for packaging, lamination and labelling. Its
share trades at a P/E of just 7x and is available at a 50% discount to its 52-week high
price. Add for 40% gain.
Summit Securities at a market capital of Rs.910 cr. is available at 90% discount to its
holding of Rs.8500 cr. in CEAT, KEC, ZENSAR. It is a zero debit company. Add for 50%
gains.
Railtel offers High-capacity bandwidth up to 800G at 87 locations and has 11000+
points of presences. It has major PSUs and Telecom companies as its customers and is
a minimal debt company with good fundamentals. Quant Mutual Fund acquired 23
lakh shares on Friday. Add.
Globesecure Technologies is looking to acquire Protechmanize Solutions Pvt. Ltd.,
which will strengthen its position in digital transformation in cyber security services. It is
expected to do well given the industry in which it operates and its growing popularity.
Add.
Money Times Talk is part of 'Money Times' publication.bs.
Market Decoder
Investment Call: SJVN ; CMP: 27.75 Time duration 2 years. Target Minimum Double.
100% Done now 56++ today๐๐