Morning Alert..
*US signals softer stand in BTA: Access to high-end cheese, not milk market*
Signalling a possible softening of its stance on opening the dairy sector in India under the proposed trade deal, a US official said Washington is mainly interested in exporting premium cheese to India and has little intention of competing in the mass-market milk segment, which remains highly sensitive for New Delhi. “It doesn’t make sense to export milk or yogurt to India. We are talking about high-end products like certain cheese varieties which may be 2-5 per cent of people will consume,” the official said, requesting anonymity. While this may open a window for convergence of negotiating positions on the sensitive dairy sector, it is not yet clear whether this will be acceptable to India. The country has not opened the dairy sector even for niche products despite demands from Australia and the UK under trade deals. India already imports small quantities of premium cheese such as mozzarella, grated or powdered cheese, processed cheese not grated, blue-veined cheese, and artisanal cheese at import duties of 30–40 per cent. In 2024-25, India imported various kinds of cheese worth $10.85 million. The key sources of such cheese were Lithuania (($1.94 million), Estonia ($1.82 million), Italy ($1.52 million), and the UK ($1.2 million).
*Global market action*
Dow Jones – Up by 0.10% or 45.73 points
FTSE – Down by 0.15% or 14.29 points
CAC – Up by 0.02% or 1.72 points
DAX – Down by 0.02% or 5.50 points
Gift Nifty – Down by 0.17% or 42.00 points
*FII/DII activities*
FII – Bought 129.58Cr worth of shares
DII – Bought 1556.02Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.1x
Nifty Bank – 14.9x
*Stocks with high delivery percentage*
ZF Commercial Vehicles Control Systems India Ltd – 93%
Eric Lifesciences Ltd – 90.2%
Kansai Nerolac Paints Ltd – 87.1%
Concord Biotech Ltd – 84.3%
Oberoi Realty Ltd – 83.2%
*Commodities updates*
IPO opening today
TechD Cybersecurity Ltd (NSE SME) – Issue size 38.99Cr
Listing today
Vashishtha Luxury Fashion Ltd (BSE SME) – Subscribed 2.18x
*Commodities updates*
Gold – Rs 109356/10gm, Silver – Rs 128840/kg, Brcrude – Rs 5530/barrel, Copper – Rs 913.90/kg.
*US signals softer stand in BTA: Access to high-end cheese, not milk market*
Signalling a possible softening of its stance on opening the dairy sector in India under the proposed trade deal, a US official said Washington is mainly interested in exporting premium cheese to India and has little intention of competing in the mass-market milk segment, which remains highly sensitive for New Delhi. “It doesn’t make sense to export milk or yogurt to India. We are talking about high-end products like certain cheese varieties which may be 2-5 per cent of people will consume,” the official said, requesting anonymity. While this may open a window for convergence of negotiating positions on the sensitive dairy sector, it is not yet clear whether this will be acceptable to India. The country has not opened the dairy sector even for niche products despite demands from Australia and the UK under trade deals. India already imports small quantities of premium cheese such as mozzarella, grated or powdered cheese, processed cheese not grated, blue-veined cheese, and artisanal cheese at import duties of 30–40 per cent. In 2024-25, India imported various kinds of cheese worth $10.85 million. The key sources of such cheese were Lithuania (($1.94 million), Estonia ($1.82 million), Italy ($1.52 million), and the UK ($1.2 million).
*Global market action*
Dow Jones – Up by 0.10% or 45.73 points
FTSE – Down by 0.15% or 14.29 points
CAC – Up by 0.02% or 1.72 points
DAX – Down by 0.02% or 5.50 points
Gift Nifty – Down by 0.17% or 42.00 points
*FII/DII activities*
FII – Bought 129.58Cr worth of shares
DII – Bought 1556.02Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.1x
Nifty Bank – 14.9x
*Stocks with high delivery percentage*
ZF Commercial Vehicles Control Systems India Ltd – 93%
Eric Lifesciences Ltd – 90.2%
Kansai Nerolac Paints Ltd – 87.1%
Concord Biotech Ltd – 84.3%
Oberoi Realty Ltd – 83.2%
*Commodities updates*
IPO opening today
TechD Cybersecurity Ltd (NSE SME) – Issue size 38.99Cr
Listing today
Vashishtha Luxury Fashion Ltd (BSE SME) – Subscribed 2.18x
*Commodities updates*
Gold – Rs 109356/10gm, Silver – Rs 128840/kg, Brcrude – Rs 5530/barrel, Copper – Rs 913.90/kg.
Morning Alert..
*India, US back on deal table: Chief negotiator-level meeting on Tuesday*
Chief negotiators from India and the United States (US) will meet in New Delhi on Tuesday for stock-taking discussions on the proposed bilateral trade agreement (BTA), signalling that talks between the two nations are back on track after a month-and-a-half-long pause. Chief negotiator and Assistant US Trade Representative (USTR) for South and Central Asia, Brendan Lynch, is reaching New Delhi on Monday night and will hold talks with his Indian counterpart and Commerce Department Special Secretary Rajesh Agrawal on Tuesday. The one-day meeting will be a precursor to the next formal round of negotiations that will take place depending on the outcome of the discussions. “We have been engaged in discussions at various levels. The chief negotiator of the US is visiting India tonight (Monday) and we will be holding talks tomorrow (Tuesday) to see what the future of talks will be. It is not a round of negotiation, but we will try to see how we can reach an agreement,” Agrawal told reporters. This will be the first official engagement between Agrawal and Lynch since the last round of talks in July-end in Washington. The sixth round, originally scheduled for August 25-29 in New Delhi, was postponed after tensions arose between the two nations.
*Global market action*
Dow Jones – Up by 0.04% or 18.50 points
FTSE – Down by 0.07% or 6.26 points
CAC – Up by 0.91% or 71.69 points
DAX – Up by 0.21% or 50.71 points
Gift Nifty – Down by 0.10% or 26.00 points
*FII/DII activities*
FII – Sold 1268.59Cr worth of shares
DII – Bought 1933.33Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Global Health Ltd – 88.6%
Sundaram Fasteners Ltd – 86.7%
Century Plyboards India Ltd – 83.1%
Home First Finance Company India Ltd – 82.8%
Hatson Agro Product Ltd – 82.7%
*Primary market activities*
Listing today
Taurian MPS Ltd (NSE SME) – Subscribed 11.69x
Karbonsteel Engineering Ltd (BSE SME) – Subscribed 76.59x
Nilachal Carbo Metalicks Ltd (BSE SME) – Subscribed 5.06x
Krupalu Metals Ltd (BSE SME) – Subscribed 2.96x
IPO opening today
Euro Pratik Sales Ltd (Main board) – Issue size 451.31x
*Commodities updates*
Gold – Rs 110177/10gm, Silver – Rs 129452/kg, Brcrude – Rs 5583/barrel, Copper – Rs 920.80/kg.
*India, US back on deal table: Chief negotiator-level meeting on Tuesday*
Chief negotiators from India and the United States (US) will meet in New Delhi on Tuesday for stock-taking discussions on the proposed bilateral trade agreement (BTA), signalling that talks between the two nations are back on track after a month-and-a-half-long pause. Chief negotiator and Assistant US Trade Representative (USTR) for South and Central Asia, Brendan Lynch, is reaching New Delhi on Monday night and will hold talks with his Indian counterpart and Commerce Department Special Secretary Rajesh Agrawal on Tuesday. The one-day meeting will be a precursor to the next formal round of negotiations that will take place depending on the outcome of the discussions. “We have been engaged in discussions at various levels. The chief negotiator of the US is visiting India tonight (Monday) and we will be holding talks tomorrow (Tuesday) to see what the future of talks will be. It is not a round of negotiation, but we will try to see how we can reach an agreement,” Agrawal told reporters. This will be the first official engagement between Agrawal and Lynch since the last round of talks in July-end in Washington. The sixth round, originally scheduled for August 25-29 in New Delhi, was postponed after tensions arose between the two nations.
*Global market action*
Dow Jones – Up by 0.04% or 18.50 points
FTSE – Down by 0.07% or 6.26 points
CAC – Up by 0.91% or 71.69 points
DAX – Up by 0.21% or 50.71 points
Gift Nifty – Down by 0.10% or 26.00 points
*FII/DII activities*
FII – Sold 1268.59Cr worth of shares
DII – Bought 1933.33Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Global Health Ltd – 88.6%
Sundaram Fasteners Ltd – 86.7%
Century Plyboards India Ltd – 83.1%
Home First Finance Company India Ltd – 82.8%
Hatson Agro Product Ltd – 82.7%
*Primary market activities*
Listing today
Taurian MPS Ltd (NSE SME) – Subscribed 11.69x
Karbonsteel Engineering Ltd (BSE SME) – Subscribed 76.59x
Nilachal Carbo Metalicks Ltd (BSE SME) – Subscribed 5.06x
Krupalu Metals Ltd (BSE SME) – Subscribed 2.96x
IPO opening today
Euro Pratik Sales Ltd (Main board) – Issue size 451.31x
*Commodities updates*
Gold – Rs 110177/10gm, Silver – Rs 129452/kg, Brcrude – Rs 5583/barrel, Copper – Rs 920.80/kg.
Morning Alert..
*India, US step on the gas to seal trade deal after 7-hour 'positive' meet*
India and the United States on Tuesday agreed to intensify efforts to reach an early conclusion of a “mutually beneficial” trade deal, setting aside recent strains in their bilateral relationship. The announcement from the Indian side followed a seven-hour meeting between the chief negotiators from both countries, at Vanijya Bhawan. The US team was led by Brendan Lynch, assistant US trade representative (USTR) for South and Central Asia, while the Indian delegation was headed by Rajesh Agrawal, special secretary in the commerce department. “Acknowledging the enduring importance of bilateral trade between India and the US, the discussions were positive and forward looking, covering various aspects of the trade deal. It was decided to intensify efforts to achieve early conclusion of a mutually beneficial trade agreement,” the Ministry of Commerce and Industry said in a statement. This marked Lynch’s third visit to India and the first official meeting between the trade negotiating teams since the US administration last month imposed relatively high tariffs — a 50 per cent duty on a majority of Indian goods, including a 25 per cent punitive tariff targeting New Delhi’s purchases of Russian oil.
*Global market action*
Dow Jones – Up by 0.08% or 38.05 points
FTSE – Down by 0.88% or 81.37 points
CAC – Down by 1.01% or 78.71 points
DAX – Down by 1.80% or 419.62 points
Gift Nifty – Up by 0.22% or 55.50 points
*FII/DII activities*
FII – Bought 308.32Cr worth of shares
DII – Bought 1518.73Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Godrej Agrovet Ltd – 95.4%
Grindwell Norton Ltd – 92.6%
City Union Bank Ltd – 89%
V-Guard Industries Ltd – 87.1%
JB Chemicals & Pharma Ltd – 85.9%
*Primary market activities*
IPOs opening today
VMS TMT Ltd (Main board) – Issue size 148.50Cr
Sampat Aluminium Ltd (BSE SME) - Issue size 30.53Cr
Listing today
Shringar House of Mangalsutra Ltd (Main board) – Subscribed 60.31x
Dev Accelerator Ltd (Main board) – Subscribed 64x
Galaxy medicare Ltd (NSE SME) – Subscribed 1.83x
Jay Ambe Supermarkets Ltd (BSE SME) – Subscribed 64.13x
Urban Co Ltd (Main board) – Subscribed 108.98x
*Commodities updates*
Gold – Rs 110138/10gm, Silver – Rs 128722/kg, Brcrude – Rs 5691/barrel, Copper – Rs 915.80/kg.
*Corporate News*
Tata Consumer Products rolls out price cuts across many of its tea brands.
Jindal Steel International looks to buy Thyssenkrupp's German unit.
India Ratings upgrades Adani Green Energy's long-term rating to AA.
*India, US step on the gas to seal trade deal after 7-hour 'positive' meet*
India and the United States on Tuesday agreed to intensify efforts to reach an early conclusion of a “mutually beneficial” trade deal, setting aside recent strains in their bilateral relationship. The announcement from the Indian side followed a seven-hour meeting between the chief negotiators from both countries, at Vanijya Bhawan. The US team was led by Brendan Lynch, assistant US trade representative (USTR) for South and Central Asia, while the Indian delegation was headed by Rajesh Agrawal, special secretary in the commerce department. “Acknowledging the enduring importance of bilateral trade between India and the US, the discussions were positive and forward looking, covering various aspects of the trade deal. It was decided to intensify efforts to achieve early conclusion of a mutually beneficial trade agreement,” the Ministry of Commerce and Industry said in a statement. This marked Lynch’s third visit to India and the first official meeting between the trade negotiating teams since the US administration last month imposed relatively high tariffs — a 50 per cent duty on a majority of Indian goods, including a 25 per cent punitive tariff targeting New Delhi’s purchases of Russian oil.
*Global market action*
Dow Jones – Up by 0.08% or 38.05 points
FTSE – Down by 0.88% or 81.37 points
CAC – Down by 1.01% or 78.71 points
DAX – Down by 1.80% or 419.62 points
Gift Nifty – Up by 0.22% or 55.50 points
*FII/DII activities*
FII – Bought 308.32Cr worth of shares
DII – Bought 1518.73Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15x
*Stocks with high delivery percentage*
Godrej Agrovet Ltd – 95.4%
Grindwell Norton Ltd – 92.6%
City Union Bank Ltd – 89%
V-Guard Industries Ltd – 87.1%
JB Chemicals & Pharma Ltd – 85.9%
*Primary market activities*
IPOs opening today
VMS TMT Ltd (Main board) – Issue size 148.50Cr
Sampat Aluminium Ltd (BSE SME) - Issue size 30.53Cr
Listing today
Shringar House of Mangalsutra Ltd (Main board) – Subscribed 60.31x
Dev Accelerator Ltd (Main board) – Subscribed 64x
Galaxy medicare Ltd (NSE SME) – Subscribed 1.83x
Jay Ambe Supermarkets Ltd (BSE SME) – Subscribed 64.13x
Urban Co Ltd (Main board) – Subscribed 108.98x
*Commodities updates*
Gold – Rs 110138/10gm, Silver – Rs 128722/kg, Brcrude – Rs 5691/barrel, Copper – Rs 915.80/kg.
*Corporate News*
Tata Consumer Products rolls out price cuts across many of its tea brands.
Jindal Steel International looks to buy Thyssenkrupp's German unit.
India Ratings upgrades Adani Green Energy's long-term rating to AA.
Morning Alert..
*GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman*
Union Finance Minister Nirmala Sitharaman on Wednesday said that the Goods and Services Tax (GST) reforms have infused at least ₹2 trillion in the economy, thereby leaving more cash with the citizens. Speaking at the Outreach and Interaction Program on Next Gen GST Reforms in Visakhapatnam, the FM said, "reducing GST rates will save the countrymen ₹2 trillion," adding that the reforms are a "big step for the Indian economy." 'GST reforms very beneficial for middle class' Sitharaman also said that 99 per cent of the items in the 12 per cent GST slab are now in the 5 per cent tax bracket. This will be very beneficial for the middle class and help reduce poverty, she said. The rejig has resulted in 90 per cent of items under the 28 per cent tax slab slipping into the 18 per cent bracket. The FM said that the benefits of the GST reforms will be 10 times greater than the incentives given to various industries in the country. The minister also said the GST revenues grew to ₹22.08 trillion in 2025 from the time it was introduced. She also added that the taxpayer's number grew to 15.1 million from 6.5 million.
*Global market action*
Dow Jones – Up by 0.30% or 139.99 points
FTSE – Up by 0.14% or 12.71 points
CAC – Down by 0.40% or 31.24 points
DAX – Up by 0.13% or 29.94 points
Gift Nifty – Up by 0.41% or 105.00 points
*FII/DII activities*
FII – Sold 1124.54Cr worth of shares
DII – Bought 2293.53Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Emcure Pharma Ltd – 93.4%
Poly Medicure Ltd – 85.4%
Cera Sanitaryware Ltd – 84.2%
Balrampur Chini Mills Ltd – 83.8%
Kajaria Ceramics Ltd – 82.2%
*Primary market activities*
IPOs opening today
Ivalue Infosolutions Ltd (Main board) – Issue size 560.29Cr
JD Cables Ltd (BSE SME) - Issue size 95.99Cr
Listing today
Airflow Rail Technologies Ltd (BSE SME) – Subscribed 301.52x
*Commodities updates*
Gold – Rs 109840/10gm, Silver – Rs 126842/kg, Brcrude – Rs 5648/barrel, Copper – Rs 903.10/kg.
*GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman*
Union Finance Minister Nirmala Sitharaman on Wednesday said that the Goods and Services Tax (GST) reforms have infused at least ₹2 trillion in the economy, thereby leaving more cash with the citizens. Speaking at the Outreach and Interaction Program on Next Gen GST Reforms in Visakhapatnam, the FM said, "reducing GST rates will save the countrymen ₹2 trillion," adding that the reforms are a "big step for the Indian economy." 'GST reforms very beneficial for middle class' Sitharaman also said that 99 per cent of the items in the 12 per cent GST slab are now in the 5 per cent tax bracket. This will be very beneficial for the middle class and help reduce poverty, she said. The rejig has resulted in 90 per cent of items under the 28 per cent tax slab slipping into the 18 per cent bracket. The FM said that the benefits of the GST reforms will be 10 times greater than the incentives given to various industries in the country. The minister also said the GST revenues grew to ₹22.08 trillion in 2025 from the time it was introduced. She also added that the taxpayer's number grew to 15.1 million from 6.5 million.
*Global market action*
Dow Jones – Up by 0.30% or 139.99 points
FTSE – Up by 0.14% or 12.71 points
CAC – Down by 0.40% or 31.24 points
DAX – Up by 0.13% or 29.94 points
Gift Nifty – Up by 0.41% or 105.00 points
*FII/DII activities*
FII – Sold 1124.54Cr worth of shares
DII – Bought 2293.53Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Emcure Pharma Ltd – 93.4%
Poly Medicure Ltd – 85.4%
Cera Sanitaryware Ltd – 84.2%
Balrampur Chini Mills Ltd – 83.8%
Kajaria Ceramics Ltd – 82.2%
*Primary market activities*
IPOs opening today
Ivalue Infosolutions Ltd (Main board) – Issue size 560.29Cr
JD Cables Ltd (BSE SME) - Issue size 95.99Cr
Listing today
Airflow Rail Technologies Ltd (BSE SME) – Subscribed 301.52x
*Commodities updates*
Gold – Rs 109840/10gm, Silver – Rs 126842/kg, Brcrude – Rs 5648/barrel, Copper – Rs 903.10/kg.
Morning Alert..
*US may cut tariff to 10-15%, penal duty likely to go: CEA Nageswaran*
Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday expressed confidence that India-US tariff discussions would conclude within the next couple of months, with a resolution to both the reciprocal tariff as well as penalty for India’s purchase of Russian oil. He also said the reciprocal tariff could come down to the earlier-anticipated range of 10-15 per cent. The CEA was speaking at two separate events in Kolkata, organised by business chambers. “Considering recent developments in the last couple of weeks, I do believe — I have no particular basis to say so and this is my intuition — that the penal tariff will not be there beyond November 30. Given the recent developments, I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also,” Nageswaran said at an event organised by the Merchants’ Chamber of Commerce and Industry. On Tuesday, the chief negotiators of India and the US decided to intensify efforts to reach an early conclusion of a “mutually beneficial” trade deal, setting aside recent strains in their bilateral ties. A phone call from US President Donald Trump to convey birthday greetings to Prime Minister Narendra Modi also indicated a move towards normalisation of relations.
*Global market action*
Dow Jones – Up by 0.29% or 133.80 points
FTSE – Up by 0.21% or 19.74 points
CAC – Down by 0.86% or 67.63 points
DAX – Up by 1.33% or 315.35 points
Gift Nifty – Down by 0.21% or 53.50 points
*FII/DII activities*
FII – Bought 366.69Cr worth of shares
DII – Bought 3326.56Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.2x
*Stocks with high delivery percentage*
Dr. Lal Path Labs Ltd – 86.7%
Bharti Hexacom Ltd – 85%
Eris Lifesciences Ltd – 82%
Alkem Labs Ltd – 80.9%
Varroc Engineering Ltd – 80.6%
*Primary market activities*
IPOs opening today
GK Energy Ltd (Main board) – Issue size 464.26Cr
Saatvik Green Energy Ltd (Main board) - Issue size 900Cr
Siddhi Cotspin Ltd (NSE SME) - Issue size 69.85Cr
*Commodities updates*
Gold – Rs 109030/10gm, Silver – Rs 127136/kg, Brcrude – Rs 5596/barrel, Copper – Rs 903.25/kg.
*US may cut tariff to 10-15%, penal duty likely to go: CEA Nageswaran*
Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday expressed confidence that India-US tariff discussions would conclude within the next couple of months, with a resolution to both the reciprocal tariff as well as penalty for India’s purchase of Russian oil. He also said the reciprocal tariff could come down to the earlier-anticipated range of 10-15 per cent. The CEA was speaking at two separate events in Kolkata, organised by business chambers. “Considering recent developments in the last couple of weeks, I do believe — I have no particular basis to say so and this is my intuition — that the penal tariff will not be there beyond November 30. Given the recent developments, I do believe there will be a resolution in the next couple of months on the penal tariff and hopefully on the reciprocal tariff also,” Nageswaran said at an event organised by the Merchants’ Chamber of Commerce and Industry. On Tuesday, the chief negotiators of India and the US decided to intensify efforts to reach an early conclusion of a “mutually beneficial” trade deal, setting aside recent strains in their bilateral ties. A phone call from US President Donald Trump to convey birthday greetings to Prime Minister Narendra Modi also indicated a move towards normalisation of relations.
*Global market action*
Dow Jones – Up by 0.29% or 133.80 points
FTSE – Up by 0.21% or 19.74 points
CAC – Down by 0.86% or 67.63 points
DAX – Up by 1.33% or 315.35 points
Gift Nifty – Down by 0.21% or 53.50 points
*FII/DII activities*
FII – Bought 366.69Cr worth of shares
DII – Bought 3326.56Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.3x
Nifty Bank – 15.2x
*Stocks with high delivery percentage*
Dr. Lal Path Labs Ltd – 86.7%
Bharti Hexacom Ltd – 85%
Eris Lifesciences Ltd – 82%
Alkem Labs Ltd – 80.9%
Varroc Engineering Ltd – 80.6%
*Primary market activities*
IPOs opening today
GK Energy Ltd (Main board) – Issue size 464.26Cr
Saatvik Green Energy Ltd (Main board) - Issue size 900Cr
Siddhi Cotspin Ltd (NSE SME) - Issue size 69.85Cr
*Commodities updates*
Gold – Rs 109030/10gm, Silver – Rs 127136/kg, Brcrude – Rs 5596/barrel, Copper – Rs 903.25/kg.
Special Situation Stock ( High Conviction)
SME MULTIBAGGER 🚀
Patel Chem Cmp 115 / 117
Test Resistance 150 / 170 / 210 Sl 80
Coming days View Strong Potential View
Sharp Move Towards 150 Expected
SME MULTIBAGGER 🚀
Patel Chem Cmp 115 / 117
Test Resistance 150 / 170 / 210 Sl 80
Coming days View Strong Potential View
Sharp Move Towards 150 Expected
Fundamental Multibagger
Can Be Doubler🚀🚀🚀
Patel Chem Specialities Ltd is a Gujarat-based specialty chemical manufacturer, established in 2008, focused on high-quality cellulose-based pharmaceutical excipients and specialty chemicals for pharma, food, and cosmetics.
Key investment thesis
Patel Chem’s portfolio includes Carboxymethyl Cellulose Sodium, Microcrystalline Cellulose, Croscarmellose Sodium, Sodium Starch Glycolate, Calcium Carboxymethyl Cellulose, and Sodium Monochloro Acetate. These products act as binders, disintegrants, thickeners, and stabilizers in pharmaceuticals, nutraceuticals, food & beverages, and cosmetics.
Patel Chem exports to major markets including the USA, Germany, Japan, and Australia, demonstrating its international recognition in specialty excipients and strong export capabilities.
The company is executing an estimated ₹43.15 crore capex to set up a new facility at Indrad, Mehsana, Gujarat, with allocations of ₹20 crore in FY26 and ₹23.15 crore in FY27.
With current annual production capacity of over 7,200 MT, it consistently operates near full utilization, justifying ongoing expansion.
The company’s strong export track record, vertical integration, and regulated market presence reinforce its position as a reliable, value-added partner for global customers.
Can Be Doubler🚀🚀🚀
Patel Chem Specialities Ltd is a Gujarat-based specialty chemical manufacturer, established in 2008, focused on high-quality cellulose-based pharmaceutical excipients and specialty chemicals for pharma, food, and cosmetics.
Key investment thesis
Patel Chem’s portfolio includes Carboxymethyl Cellulose Sodium, Microcrystalline Cellulose, Croscarmellose Sodium, Sodium Starch Glycolate, Calcium Carboxymethyl Cellulose, and Sodium Monochloro Acetate. These products act as binders, disintegrants, thickeners, and stabilizers in pharmaceuticals, nutraceuticals, food & beverages, and cosmetics.
Patel Chem exports to major markets including the USA, Germany, Japan, and Australia, demonstrating its international recognition in specialty excipients and strong export capabilities.
The company is executing an estimated ₹43.15 crore capex to set up a new facility at Indrad, Mehsana, Gujarat, with allocations of ₹20 crore in FY26 and ₹23.15 crore in FY27.
With current annual production capacity of over 7,200 MT, it consistently operates near full utilization, justifying ongoing expansion.
The company’s strong export track record, vertical integration, and regulated market presence reinforce its position as a reliable, value-added partner for global customers.
Morning Alert..
*Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit*
The past 48 hours have tested the nerves of India’s $282 billion information technology (IT) services industry, after Washington stunned the market with a $100,000 one-time fee on new H-1B visa applications. While a closer look at US immigration data suggests that the number of H-1B applications filed has already fallen by nearly 80 per cent over the past decade, underscoring how the visa’s importance to Indian IT has been steadily waning long before the latest shock, industry experts and analysts point out that this will still impact the sector, especially at a time when growth has been slow due to global uncertainty. The immediate consequences could hit onsite revenues, put pressure on margins, and delay deal closures. “We had assumed 5 per cent growth in net IT services exports for FY26E, with a 7 per cent CAGR (compound annual growth rate) for the next five years. This could reduce to sub-4 per cent depending on sustained H-1B visa-led risks and GCC evolution ($65 billion+ gross exports currently via GCCs) and IT companies’ adoption of new growth models,” said a note from Emkay. According to Xpheno - a specialist hiring firm — between 2015 and year-to-date (YTD) 2025, total H-1B applications amounted to 414,000, with 382,000 approvals and 32,000 rejections. This data covers a cohort of 18 IT services firms: Six Indian listed Tier-1 majors, 10 midcap Indian players, and two US-headquartered companies with significant India operations.
*Global market action*
Dow Jones – Down by 0.15% or 67.66 points
FTSE – Down by 0.12% or 11.44 points
CAC – Down by 0.01% or 1.02 points
DAX – Down by 0.15% or 35.12 points
Gift Nifty – Down by 0.47% or 119.00 points
*FII/DII activities*
FII – Bought 390.74Cr worth of shares
DII – Bought 2105.22Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Titan Co Ltd – 82.4%
CE Info System Ltd – 81.7%
Ultratech Cement Ltd – 81.6%
Marico Ltd – 81.4%
United Spirits Ltd – 81.1%
*Primary market activities*
IPOs opening today
Atlanta Electricals Ltd (Main board) – Issue size 687.34Cr
Hanesh Consumer Products Ltd (Main board) - Issue size 408.80Cr
Solvex Edibles Ltd (BSE SME) - Issue size 18.87Cr
Prime Cable Industries Ltd (NSE SME) – Issue size 40.01Cr
Listing today
TechD Cybersecurity Ltd (NSE SME) – Subscribed 718.30x
*Commodities updates*
Gold – Rs 109900/10gm, Silver – Rs 130096/kg, Brcrude – Rs 5529/barre, Copper – Rs 907.10/kg.
*Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit*
The past 48 hours have tested the nerves of India’s $282 billion information technology (IT) services industry, after Washington stunned the market with a $100,000 one-time fee on new H-1B visa applications. While a closer look at US immigration data suggests that the number of H-1B applications filed has already fallen by nearly 80 per cent over the past decade, underscoring how the visa’s importance to Indian IT has been steadily waning long before the latest shock, industry experts and analysts point out that this will still impact the sector, especially at a time when growth has been slow due to global uncertainty. The immediate consequences could hit onsite revenues, put pressure on margins, and delay deal closures. “We had assumed 5 per cent growth in net IT services exports for FY26E, with a 7 per cent CAGR (compound annual growth rate) for the next five years. This could reduce to sub-4 per cent depending on sustained H-1B visa-led risks and GCC evolution ($65 billion+ gross exports currently via GCCs) and IT companies’ adoption of new growth models,” said a note from Emkay. According to Xpheno - a specialist hiring firm — between 2015 and year-to-date (YTD) 2025, total H-1B applications amounted to 414,000, with 382,000 approvals and 32,000 rejections. This data covers a cohort of 18 IT services firms: Six Indian listed Tier-1 majors, 10 midcap Indian players, and two US-headquartered companies with significant India operations.
*Global market action*
Dow Jones – Down by 0.15% or 67.66 points
FTSE – Down by 0.12% or 11.44 points
CAC – Down by 0.01% or 1.02 points
DAX – Down by 0.15% or 35.12 points
Gift Nifty – Down by 0.47% or 119.00 points
*FII/DII activities*
FII – Bought 390.74Cr worth of shares
DII – Bought 2105.22Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.2x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Titan Co Ltd – 82.4%
CE Info System Ltd – 81.7%
Ultratech Cement Ltd – 81.6%
Marico Ltd – 81.4%
United Spirits Ltd – 81.1%
*Primary market activities*
IPOs opening today
Atlanta Electricals Ltd (Main board) – Issue size 687.34Cr
Hanesh Consumer Products Ltd (Main board) - Issue size 408.80Cr
Solvex Edibles Ltd (BSE SME) - Issue size 18.87Cr
Prime Cable Industries Ltd (NSE SME) – Issue size 40.01Cr
Listing today
TechD Cybersecurity Ltd (NSE SME) – Subscribed 718.30x
*Commodities updates*
Gold – Rs 109900/10gm, Silver – Rs 130096/kg, Brcrude – Rs 5529/barre, Copper – Rs 907.10/kg.
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
Ready To Break 236🚀🚀🚀🚀
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
Cheapest in retail stock 🚀🚀🚀 Ready To Break 250
Morning Alert..
*IT stocks lose ₹85,500 crore in market capitalisation on H-1B fee hike*
Indian IT stocks saw their sharpest decline in nearly six months after the US government announced a steep new fee on H-1B visa applications. The Nifty IT index closed at 25,550, down 2.95 per cent — its steepest fall since April 3. Nine of its 10 constituents ended lower, wiping out a combined ₹85,496 crore in market capitalisation. The biggest losers in the index included Mphasis, which declined 4.7 per cent, LTIMindtree (4.5 per cent), and Coforge (4.5 per cent). Infosys, which slipped 2.6 per cent, and TCS (3 per cent) were the biggest drags on the Sensex. Together with other IT stocks, they contributed to more than half of the index’s decline. The US administration’s proposal imposes a one-time fee of $100,000 on new H-1B applications filed after September 21. Existing H-1B holders and renewals are exempt. Indians accounted for 71 per cent of approved H-1B beneficiaries last year. India’s IT industry, which draws over half of its revenue from the US, has long relied on the programme to expand overseas. However, approvals for fresh H-1B visas for Indian IT firms have already been falling amid rising localisation and near-shoring trends.
*Global market action*
Dow Jones – Up by 0.12% or 55.35 points
FTSE – Up by 0.11% or 10.01 points
CAC – Down by 0.30% or 23.48 points
DAX – Down by 0.48% or 112.36 points
Gift Nifty – Down by 0.09% or 26.00 points
*FII/DII activities*
FII – Sold 2910.09Cr worth of shares
DII – Bought 2582.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.1x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Alkem Laboratories Ltd – 88.5%
Godrej Industries Ltd – 80.8%
Ajanta Pharma Ltd – 79.9%
Cera Sanitaryware Ltd – 79.7%
Metropolis Healthcare Ltd – 78.9%
*Primary market activities*
IPOs opening today
Anand Rathi Share & Securities Ltd (Main board) – Issue size 745Cr
Seshaasai Technologies Ltd (Main board) - Issue size 813.07Cr
Jaro Institute of Technology Management & Research Ltd (Main board) - Issue size 450Cr
Ecoline Exim Ltd (NSE SME) - Issue size 76.42Cr
Solarworld Energy Solutions Ltd (Main board) - Issue size 490Cr
NSB BPO Solutions Ltd (BSE SME) - Issue size 77.91Cr
Matrix Geo Solutions Ltd (NSE SME) - Issue size 40.20Cr
True Colors Ltd (BSE SME) - Issue size 127.96Cr
Aptus Pharma Ltd (BSE SME) – Issue size 13.02Cr
BharatRohan Airborne Innovations Ltd (BSE SME) - Issue size 45.04Cr
*Commodities updates*
Gold – Rs 112210/10gm, Silver – Rs 133601/kg, Bcrude – Rs 5521/barrel, Copper – Rs 909.10/kg.
*IT stocks lose ₹85,500 crore in market capitalisation on H-1B fee hike*
Indian IT stocks saw their sharpest decline in nearly six months after the US government announced a steep new fee on H-1B visa applications. The Nifty IT index closed at 25,550, down 2.95 per cent — its steepest fall since April 3. Nine of its 10 constituents ended lower, wiping out a combined ₹85,496 crore in market capitalisation. The biggest losers in the index included Mphasis, which declined 4.7 per cent, LTIMindtree (4.5 per cent), and Coforge (4.5 per cent). Infosys, which slipped 2.6 per cent, and TCS (3 per cent) were the biggest drags on the Sensex. Together with other IT stocks, they contributed to more than half of the index’s decline. The US administration’s proposal imposes a one-time fee of $100,000 on new H-1B applications filed after September 21. Existing H-1B holders and renewals are exempt. Indians accounted for 71 per cent of approved H-1B beneficiaries last year. India’s IT industry, which draws over half of its revenue from the US, has long relied on the programme to expand overseas. However, approvals for fresh H-1B visas for Indian IT firms have already been falling amid rising localisation and near-shoring trends.
*Global market action*
Dow Jones – Up by 0.12% or 55.35 points
FTSE – Up by 0.11% or 10.01 points
CAC – Down by 0.30% or 23.48 points
DAX – Down by 0.48% or 112.36 points
Gift Nifty – Down by 0.09% or 26.00 points
*FII/DII activities*
FII – Sold 2910.09Cr worth of shares
DII – Bought 2582.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.1x
Nifty Bank – 15.1x
*Stocks with high delivery percentage*
Alkem Laboratories Ltd – 88.5%
Godrej Industries Ltd – 80.8%
Ajanta Pharma Ltd – 79.9%
Cera Sanitaryware Ltd – 79.7%
Metropolis Healthcare Ltd – 78.9%
*Primary market activities*
IPOs opening today
Anand Rathi Share & Securities Ltd (Main board) – Issue size 745Cr
Seshaasai Technologies Ltd (Main board) - Issue size 813.07Cr
Jaro Institute of Technology Management & Research Ltd (Main board) - Issue size 450Cr
Ecoline Exim Ltd (NSE SME) - Issue size 76.42Cr
Solarworld Energy Solutions Ltd (Main board) - Issue size 490Cr
NSB BPO Solutions Ltd (BSE SME) - Issue size 77.91Cr
Matrix Geo Solutions Ltd (NSE SME) - Issue size 40.20Cr
True Colors Ltd (BSE SME) - Issue size 127.96Cr
Aptus Pharma Ltd (BSE SME) – Issue size 13.02Cr
BharatRohan Airborne Innovations Ltd (BSE SME) - Issue size 45.04Cr
*Commodities updates*
Gold – Rs 112210/10gm, Silver – Rs 133601/kg, Bcrude – Rs 5521/barrel, Copper – Rs 909.10/kg.
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
🚀🚀 Patel Retail 🚀🚀
Stock which was discussed yesterday as intraday, showed amazing performance yesterday & today it has again jumped uphigh , making fresh high at 247.45.
🏌♂🏌♂🏌♂🏌♂🚀🚀🚀🚀
Stock which was discussed yesterday as intraday, showed amazing performance yesterday & today it has again jumped uphigh , making fresh high at 247.45.
🏌♂🏌♂🏌♂🏌♂🚀🚀🚀🚀
Special Situation Stock ( High Conviction) SME HERO
Now in 20 % Circuit Filter 🚀🚀🚀
Agarwal tough ( Agarwaltuf) CMP 158 / 160
Test Resistance 185/ 190 in next 10 days View Sl 145 Expected Upper circuit
Now in 20 % Circuit Filter 🚀🚀🚀
Agarwal tough ( Agarwaltuf) CMP 158 / 160
Test Resistance 185/ 190 in next 10 days View Sl 145 Expected Upper circuit