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Equitymaster delivers independent, unbiased research on the Indian stock market. Trusted by investors since 1996, we help you build long-term wealth with honest, actionable insights — straight to your phone. https://www.equitymaster.com
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Why Latent View Analytics Share Price is Falling

Find out why the stock of India’s first listed data analytics firm is slipping on the bourses.

Latent View Stock Falls

Here’s an extract…

The IPO of Latent View Analytics received an overwhelming response from all categories as it subscribed by 326.5 times in November 2021. The Rs 6 billion (bn) IPO had a price range of Rs 190-197 per share.

The stock made a strong market debut on 23 November 2021 with a premium of 169%. Within three days of listing the company’s share price gained 44%. However, after the initial gains, the rally came a halt.

As things stand now, shares of the company have slipped over 10% in just five days. Investors went on a selling price earlier this week on 10 May 2023 and it closed at Rs 372.8.

Read on to know why Latent View Analytics share price is falling.

http://www.eqtm.in/Pm7w4
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Why Dr Reddy's Lab Share Price is Falling

Dr Reddy’s Lab shares tumbled 5%, even after reporting a ten-fold jump in Q4 net profit. Here’s why.

Dr Reddy’s Lab Stock Falls

Here’s an extract…

On 5 May 2023, Dr Reddy's Laboratories, one of the best pharma companies in India, saw its shares hit a 52-week high of Rs 4,989, signaling positive investor sentiment.

However, the company's fortunes changed quickly, as just days later, shares plummeted by 6.6% in a single day.

This sudden turn of events has caught investors off guard.

Let's find out what triggered the selloff.

http://www.eqtm.in/Fx8k3
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Insider Buying Alert: Examining Promoter Holding Changes in these 6 Stocks

While promoter holding is an important parameter, it should not be the sole reason for buying a stock.

Promoter Buying in These Stocks

Here’s an extract…

Of all the stakeholders, it is the promoters who know the most about their businesses, and future potential.

If they are willing to part with their personal money to buy shares from open market, there is good possibility they believe the stock is undervalued and the stock will potentially witness gains in the future.

So, with this in mind, we outline and study the top stocks that Indian promoters have bought and sold in May 2023 so far.

http://www.eqtm.in/o3RJe
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Why L&T Share Price is Falling

After rallying non-stop on the back of significant and growing order-book, L&T shares have hit a roadblock. What next?

L&T Stock Falls

Here’s an extract…

In recent months, the share price of L&T was racing ahead like an F1 race car. The company touched a new 52-week high price multiple times last month.

Just ten days ago, on 2 May 2023, it again touched a 52-week high price of Rs 2,416.

However, L&T’s race car hit a bump on 11 May 2023. In just a single day, L&T's share price slipped 5% and 2% on the next day.

Let’s find out why…

http://www.eqtm.in/Ln4s3
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Top 5 Stocks Mutual Funds Bought and Sold in April 2023

A look at what India's top equity mutual funds bought and sold in April 2023.

April 2023 Mutual Fund Activity

Here’s an extract…

According to experts, inflows for April were lower as there was no clear direction for retail investors to follow. Benchmark indices were rangebound. The other reason could be profit booking.

Many say that the inflows for May 2023 would be much higher than April 2023 as FIIs are coming back to India. This will boost retail investors’ confidence.

Read on for more…

http://www.eqtm.in/Zb8f6
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Forwarded from Fast Profits Daily
Dow Jones closed down over a percent for straight second week as it reverses from the resistance zone; the zone of 32834-33,000 will be the key support this week. The break of support zone may accelerate bearish momentum and trigger global sell-off.

Nifty formed the bullish weekly candle but hovered in the range of 1% for last four days; 18,056 will mark a reversal the bullish momentum.

BankNifty is bullish on charts as it breaks the resistance zone of 43,800; the 44,500 may be on cards this week.

The win for Congress in Karnataka may have knee jerk reaction on D-street; the large body bearish candlestick can lead to dumpling top pattern on Nifty. The bulls can be in the game above 18,400.

SGXNifty is indicating a negative opening of 40pts at ~18,280.

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Down 42 Points | Tata Motors & Vedanta Q4 Results | Novartis Declares Special Dividend | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/Pm3b2
A Full Update on India’s Massive PLI Boost to Manufacturing. Here are 6 Companies Already Raking it in...

These six companies are largely benefitting from the PLI scheme. Add them to your watchlist.

Companies Benefitting from the PLI Scheme

Here’s an extract…

The PLI scheme aims to increase exports, enhance the competitiveness of Indian companies, and help in scaling up their capacities to expand their footprint in domestic and international markets.

There are more than 717 companies that have received approval under the scheme as of December 2022. Although all the firms have a slice of this pie, some small and offbeat companies benefit the most.

We have shortlisted six such companies raking in all the moolah. These companies are the prime beneficiaries of the PLI scheme.

http://www.eqtm.in/Wn3q9
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Tata Motors: Is the Optimism Justified?

Is the recent buying interest in Tata Motors justified?

Tata Motors: The Bull Case and the Bear Case

Here’s an extract…

Are you smart enough to predict what the profitability of Tata Motors would look like 5-10 years from now? Is that well within the edge of your smartness?

I can’t say if the electric vehicles that Tata Motors is so heavily betting on, will take off big time in India. Or in what shape or form Jaguar Land Rover would be few years down the line.

Auto is a very difficult industry. The competition here is intense and winners keep changing.

Therefore, to predict that a company’s earnings will be materially higher 5-10 years from now is very difficult in my view.

Read on for more…

http://www.eqtm.in/Rg24Z
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Stock Market Update - Sensex Today Trades Higher, Nifty Above 18,350 | Tata Motors Jumps 4% | Eicher Motors, Britannia Among Top Gainers

Indian share markets are trading on a positive note with the Sensex up by 250 points, while the Nifty is trading higher by 65 points.

http://www.eqtm.in/c9C5Y
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Ace Investor Mukul Agarwal Picks Stake in this Multibagger Engineering Stock that Surged 800% in Past Five Years

Mukul Agrawal is a prominent investor in India, who is known for his microcap and smallcap stock picks.

Mukul Agarwal’s Stock Pick

Here’s an extract…

Mukul Agrawal is a prominent investor in India, who is known for his microcap stocks and smallcap stock picks. With over 55 stocks in the kitty, his portfolio is worth over Rs 30 billion (bn).

He added as many as 4 new stocks to his portfolio in the March 2023 quarter.

Over the weekend, one more company filed its shareholding pattern for March 2023 and Mukul Agarwal’s name was seen in the key shareholders list.

http://www.eqtm.in/s4GAm
Forwarded from Fast Profits Daily
BankNifty Futures - Bearish Harmonic Pattern 📉

On the hourly chart of Bank Nifty Futures, the bearish butterfly harmonic pattern is completed at 44,050 and the index closed below the reversal level.

Make-or-Break

The move below 43,900 may accelerate the bearish momentum towards 43,500-43,600 while 44,222 will negate the pattern.

#BankNifty
#KeepItSimple
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Watch Out for These 5 Smallcap Stocks with Final Dividend Bonanza

These smallcaps are lined up for hefty final dividends. Do you own them?

Final Dividend Bonanza

Here’s an extract…

While smallcap aren't generally seen as income-building investments, it would be unwise to disregard smallcap dividend stocks, as they have historically outperformed their largecap peers.

They are commonly perceived to offer higher long-term growth potential. This coupled with their strong yields and potential for capital gains, top smallcap dividend stocks can generate superior returns over time.

If you are interested in exploring smallcap dividend stocks, here are five to add to your watchlist.

http://www.eqtm.in/Tr2e9
Stock Market Update - Sensex Today Ends 318 Points Higher, Nifty Nears 18,400 | Realty Index Jumps 4% | DLF & Tata Motors Top Gainers

Indian share markets end higher. The Sensex closed higher by 318 points while the Nifty rose 84 points.

http://www.eqtm.in/Cx63F
My Problem With the Valuation of Tata Motors

Is the risk-reward of investing in Tata Motors not in favour of investor anymore?

http://www.eqtm.in/r5X3S
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Forwarded from Fast Profits Daily
US Bank Index holds the bulls on Wallstreet as it gains 2%; IT Index Nasdaq on recovery phase.

Sensex/Dow Jones Industrial Index ratio chart ends the six months lower high - lower low structure indicating the resumption of India's outperformance over US.

On P&F chart, Nifty has broken out of bullish double top buy pattern indicating the resumption of bullish momentum after consolidating in the range of 18,200-18-400.

BankNifty is on the verge of breaking out of all-time high. The bearish harmonic pattern on hourly chart indicates pause; the pattern confirms below 43,900 (Futures) while it negates above 44,200.

In our Fast Profits Report, we have released a Special Report on Realty sector and recommended 2 stocks.
By logging in with your credentials on our website, you can access the report and delve into it's content.

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Up 55 Points | Why Realty Stocks Are Rising | Kalyan Jewellers Q4 Results | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/Hk87Z
Stock Market Update - Sensex Today Trades Flat | Astral Rallies 7% | Bajaj Twins & Infosys Top Gainers

Indian share markets are trading on a flat note with the Sensex trading flat, while the Nifty is trading higher by 4 points.

http://www.eqtm.in/Ey47C
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Are You Bottom Fishing in the Stock of Crompton Consumer? Read This...

Is the wait and watch approach appropriate for this stock?

What to do with Crompton Consumer?

Here’s an extract…

A week ago, the stock of Crompton Greaves Consumer Electrical, one of the leading makers of fans and LED lights plummeted by 8%.

With this one-day fall of 8%, the stock has more than halved over the past one year and is trading at its 52-week low.

As a value investor, when stocks lose half their market capitalisation in a year, it should ring a bell.

The question is…

Is this a value buy or is it a value trap?

http://www.eqtm.in/Gc2n3
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Big Whale Ashish Kacholia Takes Fresh Position in this Multibagger Small-cap Stock

Here's why Ashish Kacholia bought stake in this smallcap IT management firm.

Ashish Kacholia’s Smallcap Investment

Here’s an extract…

In the March 2023 quarter, Kacholia expanded his portfolio significantly, adding a total of four new stocks.

During the weekend, a disclosure from another company revealed Ashish Kacholia's name among the key shareholders' list.

Read on for more…

http://www.eqtm.in/c4ZBo