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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Is 63 Moons Technologies an ‘All or Nothing’ Stock?

This is how you can identify risky stocks.

63 Moons Technologies: Hero or Zero?

Here’s an extract…

63 Moons Technologies Limited is the erstwhile Financial Technologies. It’s the company which provides the ODIN software for NSE brokers.

In fact, it has developed a range of financial market software for trading and settlement of commodities and currencies.

I studied the financials of 63 Moons. I concluded that it’s an all or nothing opportunity. Think of it as a ‘Hero or Zero’ type of stock.

Read on for more…

http://www.eqtm.in/y5B9D
Stock Market Update - Sensex Today Hits Record High, Ends 339 Points Higher | Realty Stocks Shine | M&M Rallies 5%, Tata Motors 2%

Indian share markets ends higher. The BSE Sensex ended higher by 339 points while the Nifty ended higher by 98 points.

http://www.eqtm.in/Tm29X
Why Bharat Electronics Share Price is Rising

Shares of this defence company are on a roll. Here’s what is driving the stock.

Bharat Electronics Stock Rises

Here’s an extract…

Defence stocks have been on a roll off late.

The sector has emerged as one of the top choices for investors, thanks to the impressive performance of defence stocks.

Riding this wave, is the stock of Bharat Electronics. The company’s shares are up by 5% in the last month and more than 25% in the six months. The stock is also a multibagger having risen more than 2.3x in the last five years.

Let’s find out why the company’s shares are rising.

http://www.eqtm.in/i5KZt
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Drone Destination IPO: 5 Things to Know About the SME IPO

From grey market premium to price band, here's everything you need to know about the upcoming IPO of Drone Destination.

Drone Destination IPO

Here’s an extract…

The Indian drone industry is progressing rapidly. Little wonder it has received a lot of investor traction.

One by one top drone companies in India are lining up IPOs. Tomorrow another drone company will go live with its SME IPO offer.

Drone Destination’s IPO will open for subscription on 07 July 2023.

Read on to know all about it…

http://www.eqtm.in/b3MSy
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Forwarded from Fast Profits Daily
Fast Profits Daily - Are PSU Bank Stocks Worth Investing in Now?

What do the charts say about PSU banking stocks? Find out...

http://www.eqtm.in/y3TMj
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Forwarded from Fast Profits Daily
Indian markets closed in the green on the weekly expiry day, with the Nifty ending at 19,497, registering a gain of 99 points.

The US markets closed with a 1% loss, while European markets ended in the red with a significant decline of 2-3%, which triggered a negative start for Asian markets on the following day.

After forming an Insider bar, Nifty has resumed its bullish momentum, indicating that the bulls are in control of the trend. The support level is located at 19,357, and any dip can be seen as an opportunity for the bulls to enter the market.

BankNifty is currently unable to surpass the high and low levels of the Long-legged doji pattern, which suggests an indecisive market. Confirmation of either an upward or downward trend will occur upon a breakout from the range of 45,000-45,700.

The Realty Index has resumed its bullish momentum, signaling that traders should focus on Realty stocks in the next few trading sessions.

#PreMarket
#GiftNifty
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Stock Market Update - Gift Nifty Trades Flat | Bitcoin Hits 13-Month High | The latest On Tata Play IPO | Adani Green & Top Buzzing Stocks Today

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

http://www.eqtm.in/q9CPg
Top 5 PSU Companies in India by Growth

These five government sector undertakings have the highest revenue and profit growth.

PSU Growth Stocks

Here’s an extract…

Many of the top-performing stocks in the last year have turned out to be PSU stocks.

Strong fundamentals, the government’s import ban, increasing order book, and expansion plans of the companies are driving this rally.

With PSU stocks becoming attractive by the day, we have shortlisted five PSU stocks with the highest growth in revenue and profit using Equitymaster India Stock Screener.

Take a look…

http://www.eqtm.in/Lr87B
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Stock Market Update - Sensex Today Trades Lower | M&M Financial Services Tanks 4%, Titan Jumps 3% | IdeaForge Lists at 94% Premium

Indian share markets are trading on a flat note with the Sensex down by 94 points, while the Nifty is trading down by 31 points.

http://www.eqtm.in/f2KEy
What Next for Smallcap Stocks After Lifetime Highs?

The smallcap to Sensex ratio is trading at a premium to the long-term median. Here’s how you should approach smallcap space now…

Smallcap Stocks: Buy, Hold or Sell?

Here’s an extract…

The smallcap to sensex ratio currently stands at 0.51.

This may look moderate as compared to the previous peaks but as against a long-term median of 0.44, it warrants caution.

Now these peaks have varied from 0.54 to 0.76 in the past. So there could be further steam left in this rally.

Read on for more…

http://www.eqtm.in/j7JYq
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Stock Market Update - Sensex Today Plunges 505 Points, Nifty Below 19,350 | Dabur Slips 3% | Adani Ports & Britannia Among Top Losers

Indian share markets ends on negative note. The BSE Sensex ended lower by 505 points while the Nifty ended lower by 166 points.

http://www.eqtm.in/Ai25W
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Why Talbros Automotive Share Price is Rising

Shares of this auto ancillary firm are up over 90% in the past three months. A healthy order book suggests the company is all set to win the race against its peers.

Talbros Auto Stock Rises

Here’s an extract…

Talbros Automotive, an auto ancillary firm, is under the limelight ever since ace investors Dolly Khanna and Vijay Kedia showed interest in the company.

Vijay Kedia bought stake in auto ancillary during the December 2021 quarter and Dolly Khanna invested in the company, a year ago in the December 2020 quarter.

So why is the stock rising now?

Read on to find out…

http://www.eqtm.in/y8D2B
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Dolly Khanna Raises Stake in this Smallcap Fertilizer Firm

Here’s why the ace investor raised his stake in the company after paring it in the March 2023 quarter.

Dolly Khanna’s Latest Investment

Here’s an extract…

Dolly Khanna is a Chennai-based investor known for picking lesser-known midcaps and smallcaps. She has been investing in stocks since 1996.

Dolly Khanna's portfolio, managed by her husband, Rajiv Khanna, is usually inclined towards more conventional stocks in manufacturing, textile, chemical, and sugar stocks.

The ace investor has acquired a substantial number of shares in a fertilizer company.

Read on for more…

http://www.eqtm.in/Ck9s5
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Why M&M Share Price is Rising

M&M’s strong presence in the international auto market has worked out well for its investors. Will it continue to deliver good gains?

M&M Stock Rises

Here’s an extract…

The M&M share price has surged 6.5% in the last five trading sessions. In the past one month, M&M share price has gained 13.4%. In 2023 so far, the stock is up 23.9%.

And in the past one year, it has rallied 38.1%.

What’s behind this rise?

Read on to find out…

http://www.eqtm.in/Si94B
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Should Royalties of MNC Stocks Worry You?

Royalty payments are likely to remain an overhang for the stocks of foreign consumer companies.

MNC Royalty Payments

Here’s an extract…

Royalty payments by subsidiaries to parent MNCs have often stoked debate, particularly since these payments spiked after 2010.

That is when the foreign investment rules were relaxed and the caps on royalty payments were lifted. Up until 2009, royalty payments were regulated by the government.

Some argue that such payments aid in expanding their business. Others believe they erode earnings available to shareholders, primarily benefiting the parent company.

Should this worry you? Read on to find out…

http://www.eqtm.in/k8E7N
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Top 5 Cash-Rich Midcap Stocks to Add to Your Watchlist

Cash-rich midcap stocks are particularly attractive due to their strong financial position, which can serve as a catalyst for future expansion, acquisitions, and innovation.

Cash Rich Midcaps

Here’s an extract…

When looking for midcap investments, one crucial aspect to consider is a company’s cash position.

Cash-rich midcap stocks are particularly attractive due to their strong financial position, which can serve as a catalyst for future expansion, acquisitions, and innovation.

In this article, we explore the top five cash-rich midcap stocks, each with significant cash reserves that have the potential to deliver favourable returns to investors.

http://www.eqtm.in/p4BRn
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Why Olectra Greentech Share Price is Rising

In a span of one month, the EV stock has logged gains of over 55%. The stock rose 18% yesterday. What's next?

Olectra Greentech Stock Rises

Here’s an extract…

In our previous article, we discussed the factors behind the surge in Olectra Greentech shares in June 2023. Since then, the electric-bus manufacturer has continued to dominate the market headlines with its impressive performance.

During the recent trading sessions, the stock recorded substantial gains for a second consecutive day. On Friday, it soared by 17.7%, reaching a new 52-week high of Rs 1,247.8, surpassing its previous closing price of Rs 1,043.3.

So far in 2023, Olectra's shares have soared by an impressive 144%, far outpacing the 8% rise in the Sensex.

Here's what's driving the rally in Olectra Greentech shares…

http://www.eqtm.in/k7WLx
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Forwarded from Fast Profits Daily
The last week witnessed a mixed performance in global equities, with Indian benchmark indices displaying strength as it hits an ATH closing 0.9% higher, while the Dow Jones ended down by 2% and the DAX by 3.37%.

The weekly chart of Dow Jones and DAX presents a less promising outlook for bulls, as Dow Jones failed to break out while DAX experienced a breakdown in its trading range, suggesting that bears currently hold the advantage.

Today's performance of Nifty and Sensex is expected to be significantly influenced by Reliance Industries due to the news of its demerger. Reliance Industries weights 10% in Nifty50.

Last week, BankNifty hut an ATH by breaking through a critical resistance level at 44,500, turns to a support level this week.
The gravestone doji on the weekly chart signals caution for the bulls. The unsustainability above 44,500 level this week may pose a risk for the bullish sentiment.

Gift Nifty indicates a positive opening of 45 points above 19,440.

#GiftNifty
#PreMarket
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Stock Market Update - Gift Nifty Down 23 Points | Olectra Greentech Bags Rs 100 Billion EV Order | Tata Motors Q1 Sales Soars | Top Buzzing Stocks Today

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

http://www.eqtm.in/Dz59W
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This Smallcap Stock Rallied 31% Last Month. More Details Inside

Here’s why this smallcap company’s share price is rallying after Nitin Gadkari’s latest tweet.

Subros Stock Rises

Here’s an extract…

In this article, we will talk about a smallcap company that can give you a back door entry to the auto sector. The company we are talking about is Subros.

Subros is the leading manufacturer of thermal products for automotive applications in India, in technical collaboration with Denso.

In the last one month, Subros’ share price rallied by 31.2%. In 2023 so far, it is up 50.2%.

Find out why…

http://www.eqtm.in/m7NPb
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Stock Market Update - Sensex Today Trades Higher | Ceat Surges 8% | Cyient DLM Lists at 51% Premium

Indian share markets are trading on a positive note with the Sensex up by 196 points, while the Nifty is trading up by 79 points.

http://www.eqtm.in/p5RXk
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