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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Tata Consumer Rights Issue: Will Two Big Acquisitions by the Tata Group Company Pay-Off?

Tata Consumer’s rights issue plan for fundraising comes after big acquisitions of Capital Foods and Organic India.

http://www.eqtm.in/m3W7Y
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Stock Market Update - Sensex Today Trades Flat | IRFC Rallies 12% | Wipro & Tech Mahindra Top Losers

Indian share markets are trading muted with the Sensex and Nifty trading flat.

http://www.eqtm.in/c2K8D
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Artificial Intelligence Stock Cyient Keeps Rising. Why the Rally is Far from Over...

This midcap IT stock is capitalising on the burgeoning growth of AI sector. Several things suggest the stock has more headroom to grow.

http://www.eqtm.in/Yi2w5
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Insiders Vs Smart Investors: Who Would You Follow in 2024?

Here’s what insiders are saying about stock market returns in 2024.

Smallcaps in 2024

Here’s an extract…

The long-term median for Smallcap to Sensex is at 0.44 times.

The index is way past that average. At 0.6 times, the Smallcap to Sensex ratio has already breached the previous peak of 0.58 in 2018.

From that peak in 2018, the smallcap index had crashed by more than 50%. It took three years for smallcaps to rebound to the same level.

If I go further in the history of past peaks and corrections, the Smallcap index had peaked in 2008, at a smallcap to Sensex ratio of 0.68 times.

The correction from 2008 peak was 79%, quite hard hitting. It took almost nine years post 2008 for smallcap index to come close to those levels.

So what would make the smallcaps correct this time?

Read on for more…

http://www.eqtm.in/Cc2t9
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Why RVNL Share Price is Rising

After underperforming between September and December 2023, RVNL share price has shot up in January 2024 due to these three reasons.

RVNL Shares Scale New All-Time High!

Here’s an extract…

Adding to the list of railway stocks that have seen a sharp rally, Rail Vikas Nigam (RVNL) has started to show extra bullish momentum after a period of underperformance between September and December 2023.

The stock price is up more than 11x since listing in April 2019.

Continue reading to find out three reasons why RVNL share price is rising.

http://www.eqtm.in/a3N7Q
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Stock Market Update - Sensex Today Ends 199 Points Lower | Jyoti CNC Up 30% | Wipro & NTPC Top Gainers

The BSE Sensex ended lower by 199 points while the Nifty ended 66 points down.

http://www.eqtm.in/w8QWi
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This Stock is a Better EV Bet Than Tata Motors

The company boasts better fundamentals and a wider exposure to the electric vehicle theme.

Better than Tata Motors?

Here’s an extract…

As per media reports, electric vehicle sales in India surpassed over 1.5 million units in 2023, a historic feat.

This was on the back of government subsidies, rising consumer awareness, and accessibility to newer models.

As a result, shares of EV companies also rose higher. The stock that saw maximum traction was Tata Motors.

With a 101% rise in its share price, the company was the top Nifty 50 gainer of 2023.

But is this stock better? Find out…

http://www.eqtm.in/Rq7c9
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Ace Investor Dolly Khanna Adds Stake in Multibagger Smallcap Stock

Here’s why the seasoned investor bet on this infra stock that has gained 110% in a year.

Dolly Khanna Buys More of this Stock

Here’s an extract…

While popular stocks may grab average investors' attention, often these tickers can be siren songs, luring many into unwise investments and distracting them from proven winners.

To find the compelling stocks that others are missing, many people look to portfolios of seasoned investors. These investing gurus ace the market test and earn high returns.

For investors seeking such news, there is noteworthy stock market news: Dolly Khanna, an ace investor recently added an infra stock to her portfolio.

Read on for more…

http://www.eqtm.in/Br8n5
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There's Only One Megatrend We Like More Than AI in 2024: The White Gold Rush

The lightest metal is all set to make the heaviest impact on the future of the Indian economy.

India’s Lithium Mining Boom

Here’s an extract…

Lithium mining is the megatrend we like more than AI in 2024 because it has the potential to transform India’s energy and economic landscape, and create new opportunities for investors and businesses.

investors and businesses can invest in lithium extraction, refining, and manufacturing, and create a competitive and sustainable lithium industry in India.

By doing so, they can not only cater to the domestic and global demand for lithium products, but also leverage India’s advantages, such as its large and skilled workforce, its strong research and development capabilities, its favorable policies and incentives, and its strategic location and access to markets.

http://www.eqtm.in/Bw59G
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Why MRPL Share Price is Rising

MRPL zooms 31% in five days, hits 52-week high. What's driving the rally?

MRPL Stock Rises

Here’s an extract…

The Red Sea strait is crucial for 30% of global container traffic and 12% of global trade.

About 80% of India's merchandise trade with Europe passes through this route.

The Red Sea gained attention due to periodic attacks on commercial vessels by Houthi rebels of Yemen, especially since the outbreak of the Israel-Hamas war in October.

Among the sectors affected, Oil Marketing Companies (OMCs) have been notably impacted.

However, amid st this downturn, Mangalore Refinery and Petrochemicals Ltd. (MRPL) has demonstrated remarkable resilience, experiencing a significant jump of over 30% in the past month.

Here's why…

http://www.eqtm.in/p5K4Q
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Stock Market Update - Gift Nifty Down Trades Flat | HDFC Bank, L&T Tech Q3 Result | Why PSU Stocks Are Rising | Tata Consumer Products & Top Buzzing Stocks Today

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

http://www.eqtm.in/s8NGb
Why HDFC Bank Share Price is Falling

Interest rates appear to have peaked and widespread expectations of easing rates could improve the NIMs for large players like HDFC Bank.

http://www.eqtm.in/m4T5D
Stock Market Update - Sensex Today Tanks 750 Points | HDFC Bank Drops 5% | Hindalco & Axis Bank Top Losers

Indian share markets are trading on negative note with the Sensex down 777 points and Nifty trading 225 points lower.

http://www.eqtm.in/Hk32Q
ITI Ltd: What Next After 300% Gains?

What explains the 4-bagger gains in ITI Ltd?

ITI Ltd: Is the Hype Justified?

Here’s an extract…

The fundamentals of the stock are far from inspiring. The stock has reported losses in the latest financial year FY23 as well as the last 12 months.

Although the stock was profitable between FY16 and FY22, the net profits have fallen from a high of Rs 2.7 bn in FY17 to 1.2 bn in FY22.

Read on for more…

http://www.eqtm.in/Wa23Q
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Top 5 Stocks Mutual Funds Bought and Sold in December 2023

Zomato, SAIL and Himadri were the top buys while IRFC, IREDA and Delta Corp saw massive selling.

Mutual Fund Activity in December 2023

Here’s an extract…

December 2023 marked the 34th consecutive month of net inflows for Indian mutual funds, according to data released by the Association of Mutual Funds of India (AMFI).

It was also the month where the total mutual fund assets under management (AUM) crossed Rs 50 trillion mark for the first time.

Among the top stocks, Zomato, SAIL and Himadri were the top buys while IRFC, IREDA and Delta Corp saw massive selling.

Read on for more…

http://www.eqtm.in/o8K2H
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Stock Market Update - Sensex Today Plunges 1,628 Points | HDFC Bank Sinks 8% | 5 Reasons Why Indian Share Market is Falling

The BSE Sensex ended 1,628 points lower while the Nifty ended 460 points down.

http://www.eqtm.in/Mg35W
Why SJVN Share Price is Rising

After zooming 190% in 2023, shares of the company hit an all time high today. What’s driving the rally?

SJVN Stock Rises

Here’s an extract…

Riding a wave of government investment in infrastructure and domestic manufacturing, public sector companies witnessed a Rs 2 trillion (tn) surge in marketcap.

One in three PSU stocks on the index smashed over 100% returns in this dream run, leaving past struggles firmly in the dust.

The Nifty PSE index became the star performer of 2023, skyrocketing by a whopping 81%.

But amid this electrifying rally, one PSU stock has truly stolen the show, SJVN.

This power sector player has rocketed over 10% already in 2024, reaching its all-time peak.

So, what’s fuelling this stellar performance?

http://www.eqtm.in/Xk94M
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What are the Top Quantum Computing Stocks in India?

Can Indian companies dominate the global quantum computing space? Find out…

Indian Quantum Computing Stocks

Here’s an extract…

Currently, the Indian quantum computing industry is in the nascent stage. It’s dominated by startups and a few IT firms. But in the future we will see many more Indian firms grabbing a share of the pie.

While being in nascent stage today, quantum computing stocks offer a good platform for long-term growth. Of course, each company should be evaluated separately on the basis of their fundamentals.

It’s still early days for them in quantum computing but these firms have made a start and will look to scale up.

Read on for more…

http://www.eqtm.in/n6LCw
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Stock Market Update - Sensex Today Tanks 566 Points | LTIMindtree Tanks 8%, ICICI Prudential 7% | Asian Paints & Power Grid Corporation Top Losers

Indian share markets are trading on negative note with the Sensex down 566 points and Nifty trading 187 points lower.

http://www.eqtm.in/m5NPq
Is it a Good Time to Buy Spacetech Stocks?

Will 2024 be the year of Indian spacetech stocks? Find out...

Indian Spacetech Stocks

Here's an extract...

As per industry estimates, the global space economy grew 8% to US$ 546 billion in 2022. It is expected to grow 41% over the next five years.

Yet, at US$ 8.4 bn, Indian space economy is not even 2% of the global space economy.

I see the glass as half full rather than half empty. As per ISRO, by 2025, the Indian space economy could grow to US$ 50 bn, an almost six times gain.

So, what has changed for the Indian space economy to have these bold assumptions?

Read on for more...

http://www.eqtm.in/r5X4J
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Zomato Needs New Growth to Justify its Soaring Stock. It Won't be Easy...

Zomato shares have rallied over 160% in the past one year. With Swiggy eyeing for a potential debut soon, what lies for Zomato in 2024?

Zomato Stock Price: What to Expect?

Here’s an extract…

Among the top growing stocks - Zomato shares have rallied over 160% in the past year and currently trading near its 52-week high.

Lately, there has been growing chatter around whether the current rally in Zomato is mainly driven by speculation or if we are in one of the largest investment bubbles ever?

Here's a closer look at why Zomato has surged in the past year…

http://www.eqtm.in/z6FPg
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