Equitymaster
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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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What the ideaForge IPO Means for Infosys

There is a safer way to ride the asymmetrical payoffs of new disruptive tech businesses.

ideaForge IPO and Infosys

Here’s an extract…

Founded in 2007, ideaForge has over 15 years of research and development (R&D) history. It has more than 20 global patents.

It dominates the segment of security and surveillance with a 90% market share.

Infosys has been an indirect play on the opportunity in the drone sector all through.

http://www.eqtm.in/Yr6t7
Why Mazagon Dock Share Price is Rising

In a span of one month, the defense shipbuilding company has logged gains of over 65%. The stock fell 6% yesterday. What’s next?

Mazagon Dock Stock Rises

Here’s an extract…

The share price of Mazagon Dock Shipbuilders, a manufacturer of warships and submarines, hit a 52-week high of Rs 1,337.7 on 21 June 2023.

The stock however, fell 6% from its 52-week high in late trade yesterday.

Still, the stock has rallied around 65% in the past one month.

Let’s find out what’s driving the rally in the defence shipbuilding stock.

http://www.eqtm.in/o3NYp
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Why HEG Share Price is Rising

The company operates in a niche segment and has high entry barriers. Currently, it’s lagging on optimum capacity utilisation. Read on…

HEG Stock Rises

Here’s an extract…

A month ago, in May 2023, we wrote about why HEG’s share price was falling as it came under pressure for a brief period after declaring its quarterly results.

However, the share price bounced back even stronger and in the next couple of days, it was back to 52-week high.

In 2023 so far (up to 22 June 2023), HEG share price has gained 53.2% and in the past one year, it has rallied 71%.

Let’s find out why the stock is on a roll…

http://www.eqtm.in/z4Y9R
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Why Kalyan Jewellers Share Price is Rising

Shares of Kalyan Jewellers have rallied over 20% in a month. In the past year, shares have rallied 125%. What next?

Kalyan Jewellers Stock Rises

Here’s an extract…

In this article, we discuss the stock of an established name in the jewellery market, Kalyan Jewellers.

Shares of the company have rallied over 20% in a month. In the past year, Kalyan Jewellers has rallied 125%. In 2023, the stock is up around 5%. It recently touched a 52-week high of Rs 137.

Let’s take a look at the factors driving this growth and what lies ahead.

http://www.eqtm.in/Cc9s4
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Forwarded from Fast Profits Daily
PSU Bank Index - Rejection at Resistance Zone 📉

The index made a significant move towards the resistance zone of 4130, but unfortunately, it faced a strong rejection at that level.

The rejection suggests that the bulls are struggling to push the index higher, indicating potential bearish pressure in the near term.

It is crucial to closely monitor the key support level of 3,950.

If the PSU Bank Index breaks below this level, it would confirm the breakdown of the Rising Trendline and 50DEMA.

A breakdown would likely signal a shift in sentiment and could attract further selling pressure from traders and investors.

#PSUBank
#KeepItSimple
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HDFC Ltd and HDFC Bank Trend Bullish Ahead of Merger

Multiple trading theories suggest both HDFC and HDFC Bank could exhibit a bullish pattern ahead of the merger.

HDFC Twins: A Bullish Trend

Here’s an extract…

Housing Development Finance Corp (HDFC) Ltd and HDFC Bank, two prominent entities in the Indian financial sector, are currently showing bullish trends on the daily charts.

In this article we will look at these charts in detail.

The potential merger between HDFC Ltd and HDFC Bank is a very important factor for traders to consider.

http://www.eqtm.in/b7QBn
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Top Stocks Declaring Bonus Shares in July 2023

These three companies are set to issue bonus shares in July 2023. Do you own any of these stocks?

Bonus Shares Declaration

Here’s an extract…

Bonus shares are free shares that shareholders receive against shares they currently hold. Investing in stocks that announce bonus shares can be an attractive proposition for investors.

According to data available on BSE as of 21 June 2023, a remarkable 35 companies have already announced bonus shares in 2023.

Here are three stocks that will trade ex-bonus in July 2023.

http://www.eqtm.in/e8AXc
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Top 5 Tyre Companies in India by Growth

The Indian tyre industry is expected to grow at a CAGR of 6.6% in the next five years. Here are five companies that could benefit the most.

High Growth Tyre Companies

Here’s an extract…

In the last three years, the entire industry combined has invested close to Rs 350 billion (bn) towards capex for expanding capacities and debottlenecking.

This will translate to a turnover of Rs 1,000 bn in the next three years. The current industry turnover is Rs 750 bn.

Considering this, we have shortlisted five tyre companies that rank the highest in terms of revenue and profit growth. These stocks are filtered using the Equitymaster stock screener.

http://www.eqtm.in/Lw4e3
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Stock Market Update - Sensex Today Ends 280 Points Lower | Indian Cements Tanks 6% | Tata Motors & Bajaj Finance Top Losers

Indian share markets end on a negative note. The BSE Sensex fell by 281 points while the Nifty ended lower by 84 points.

http://www.eqtm.in/j5MDe
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Under Radar Stocks to Profit from India's Electronics Revolution

Selecting stocks in India’s electronics ecosystem must be with sufficient diligence.

Click for More...

http://www.eqtm.in/Ax2e9
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Cyient DLM IPO: 5 Things to Know About this Electronics Manufacturing Company

From grey market premium to price band, here’s everything you need to know about the upcoming IPO of Cyient DLM.

Cyient DLM IPO

Here’s an extract…

Increasing electronics demand, global chip shortage, easy availability of cheap resources in India, government’s make-in-India drive, among other factors, cumulatively provides an interesting growth opportunity for Indian electronics companies.

The top Indian electronics companies are gearing up to make the most of this revolution. Sectoral tailwinds are encouraging companies to go live with their public offers.

Electronics manufacturing company, Cyient DLM is going public. Read on to know more…

http://www.eqtm.in/m9KWk
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Logistics Stock Delhivery Zooms 7% Post Block Deal. More Details Inside...

Delhivery shares hit an eight-month high after big block deal by Carlyle. Read on to know more about its FY23 performance and growth prospects.

Delhivery Block Deal

Here’s an extract…

Last night, reports started circulating that PE firm, Carlyle, is looking to sell a stake in logistics firm Delhivery.

Sure enough, the American PE firm sold a 2.53% stake in the e-commerce logistics company today.

Find out more about the block deal…

http://www.eqtm.in/Wc6r2
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Forwarded from Fast Profits Daily
The Remarkable Outperformance of the Nifty Smallcap Index over the Russell 2000 📈
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Forwarded from Fast Profits Daily
Oh Nifty bulls, yet another miss to hit a new all-time high, suggesting the bears efforts to protect the stop-loss.

While the DJIA traded on a flat note, SPX reversed after retesting the breakout, driven by the gains in IT stocks.

An increase in OI above 18800 on Nifty indicates a short build-up. A potential short-covering rally can be on cards only if the index surpasses 18929. Until then, the bearish sentiment persists as they continue to build their positions, indicating a distribution phase in the broader market.

BankNifty's rejection at the 44000 level, forming a rounding top pattern, serves as a signal that the bears are gaining control over the trend.

For the first time since March 2023, the overall market breadth favored the bears with a ratio of 1:3, suggesting a sign of profit bookings taking place.

SGX Nifty is indicating a negative opening, and if the spot price breaks below the 18,745-18,650 zone, it could potentially mark the short-term top in this market.

#SGXNifty
#PreMarket
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Stock Market Update - SGX Nifty Trades Flat| L&T, DRDO Sign AIP Deal | Why Sugar Stocks Are Rising | Top Buzzing Stocks Today

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

http://www.eqtm.in/Fq4t2
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Forwarded from Fast Profits Daily
Critical Moment for Nifty Bulls: A Do-or-Die Battle for Success 📈📉🚨

It's yet another crucial moment for the Nifty bulls as they face a do-or-die situation around the 18650-18700 zone.

The index is currently on the brink of breaking down from the rising channel pattern observed on the 2-hour chart.

Notably, the 62EMA on the 2-hour chart has served as a significant support area since the rally that began in April 2023, and its integrity is now under threat.

If the bulls can successfully defend this critical support zone, we may see the all-time high (ATH) being retested, bringing positive prospects. However, should they fail to protect this zone, a potential decline towards the 18,376 level, especially considering the upcoming monthly expiry.

Furthermore, the 17700PE option holds a substantial Open Interest (OI) of over a lakh, presenting a formidable obstacle for the bears.

Happy trading! 📈📉
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Indian Companies Leading the AI Revolution

The pick and shovel stocks in the AI gold rush.

Top Indian AI Companies

Here’s an extract…

There is a gold rush unfolding.

There are businesses collecting billions of data points and making sense of it using AI and ML for companies to grow business and for users to consume more content.

Like it or not, the big data is here. And so is AI.

Combine the two and what you are looking at a business model with network effects, scalability, and market opportunity.

And there are Indian companies playing a big role in the AI revolution.

http://www.eqtm.in/Jr62L
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Stock Market Update - Sensex Today Trades Lower | Adani Enterprises Slips 5%, ONGC 2% | Hindalco & BPCL Among Top Losers

Indian share markets are trading lower with the Sensex down by 178 points, while the Nifty is trading down by 75 points.

http://www.eqtm.in/Xi23D
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Another Block Deal. This Time it’s in a Tata Group Stock. What’s Brewing?

Voltas, a Tata group company, saw a massive block deal yesterday. Its share price is down 4% today. Continue reading to find out more…

Voltas Block Deal Today

Here’s an extract…

According to reports, around 9.64 lakh shares of Voltas changed hands yesterday at Rs 780 apiece.

The name of the buyers and sellers, however, are not yet determined. More details will be out soon, as the exchanges provide more information.

But the effect on the stock price can be seen already. Shares of the company fell around a percent yesterday and are down 4% today.

In fact, the stock has continued the downtrend throughout this week.

Read on for more…

http://www.eqtm.in/a5NGe
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Should Long Term Investors Worry About Recession and Inflation?

How events like recession and inflation impacts the portfolios of long term investors.

Recession and Inflation

Here’s an extract…

The sentiment in financial markets around the world is clearly bullish. Even retail investors can sense it. They are back investing in the broader market of midcaps and smallcaps.

So what does this mean? Should investors ignore the concerns about recession and inflation?

No, they shouldn’t. That would be unwise. But at the same time, they also shouldn’t lose sleep over these concerns.

Let’s address these concerns and find the best way to tackle them. Here we will discuss concerns of recession and inflation from the point of view of long term investors.

http://www.eqtm.in/Qn5f2
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Stock Market Update - Sensex Today Ends 260 Points Lower | Adani Power, Adani Transmission Tank 6% | Tata Motors & SBI Top Losers

Indian share markets end on a negative note. The BSE Sensex fell by 260 points while the Nifty ended lower by 105 points.

http://www.eqtm.in/d4LBj