Bharti Airtel : After Jio, Google now in talks to make large investments in Airtel says Sources

*Jackson Hole speech Key takeaways:*

*1. Output has surpassed pre-crisis growth in 4 quarters* – half the time taken during GFC

*2. Recovery has been uneven* with lower income households having to bear a large burden. Durable goods has boomed while that of services has been weak.

*3. Labor market outlook:* Brightened in recent months. Pace of hiring is very fast and job openings are at record highs. Some factors holding back job seekers are waning.

*4. Inflation outlook:* Dynamics of inflation are complex. The rise in inflation is very narrow in few products such as durable goods and energy prices. Inflation is likely to be temporary. Trimmed mean measures show at or close to longer run objective. Some moderation in prices in high inflation items like used car prices seems to be happening. *Average 2% inflation goal seems to be on track to be achieved.*

*5. Monetary policy outlook:* “Substantial further progress” has been met for inflation. Employment too seems to be progressing well. *If progress continues then asset purchases will most likely be tapered this year.*

*_Overall, the tone of Powell today is similar to last FOMC and forward guidance now suggests that tapering could begin in 2021. We expect tapering quantum to be modest and may be made data dependent. This may cause some volatility in the near-term but the key monitorable will be US inflation trajectory, and global private sector credit cycle. In any case, the Fed rate lift-off is far away._*

*Rate Hike and Bullions*

*Gold edged higher after Federal Reserve Chairman Jerome Powell said tapering may be appropriate this year, easing concern that policy makers will soon scale back asset-purchases.*

*The central bank could begin reducing its monthly bond purchases this year, though it won’t be in a hurry to begin raising interest rates thereafter,* Powell said Friday in the prepared text of a virtual speech at the Kansas City Fed’s annual Jackson Hole symposium.

Powell’s much-anticipated speech points to continued economic stimulus in the coming months as the spreading coronavirus threatens to slow the economic recovery, reinvigorating demand for bullion as a haven.

ONGC: CO SET 10TH SEP AS RECORD DATE FOR PURPOSE OF DIVIDEND

Wall St: S&P 500, Nasdaq hit record highs as Powell gives no signal on taper
https://www.livemint.com/market/stock-market-news/wall-street-update-s-p-500-nasdaq-hit-record-highs-as-powell-gives-no-signal-on-taper-11630075753580.html

What Premium Members Get

Positional Call
Mid Term Calls
Intraday Call (Very few but confirm)
Delivery Call
Future Call
Option Calls
Option Strategies
Swing Trades
Super Duper Calls
Bumper Calls
Newsletter
SIP Stocks

What normal member gets

Super Duper Calls
Bumper Calls
Newsletter
SIP Stocks

Premium Members Get pre entry in all Super Duper , Bumper and majority Newsletter Stocks.

Thanks & Regards.

Good Morning to all the dear members and my colleagues

In Markets every day we are witnessing consolidation in Nifty and in stocks too after huge breakout of 16000 levels on Nifty.

Taking position is becoming risky for Intraday and F&O. There are concerns towards which side the market will show its move.

It's time now to Join Market Wizard Premium Group and also Renew your Membership to avail super gains.

All the members and colleagues who want to continue to be a part of our Premium Family or want to become a part of our Premium Family can do so , by renewing their membership.We have started accepting payment for the month of September and it will be solely on FIRST COME FIRST SERVE BASIS.

All those who make payment between 15th August to 23rd August, will be added on Evening of 23rd August, so that they can get benefit of 1 week extra calls.

Existing members you'll can renew your membership ASAP.

Monthly - 1.5k
Quarterly - 4k
Yearly - 15k

New members and existing members who make payment and send screenshots after the month end, shall have to compulsorily opt for quarterly or yearly.Monthly membership option is available only if payment is made before month end along with screenshot sent to any of the admins.

Please don't call admins... just send your message or queries.

So Guys PLEASE READ CAREFULLY & UNDERSTAND THE MATTER

To avail the paid services of our group , everyone needs to do the following set of activities :

1) Everyone needs to fill in the Google Forms with the correct and accueate details.The form needs to be read carefully and then give upon your consent.

2)Pay us the fees of Rs.1500 each month either through Google Pay or Bank Transfers(details of payment are attached in the Google Form)

3) Upon completion of payment , take a screenshot of the acknowledgement and send it to us.It can be sent to the admin on the following numbers on the WhatsApp or Telegram :

Jimit Parekh Sir : +91 9821722433
Darpan Solanki Sir : +91 9924832776
Divesh Jain Sir: +91 9870736813

Along with the screenshot pls give us your NAME & Mobile Number to confirm with our Google Form Records.

PLS NOTE : STRICTLY ONLY MESSAGES , NO CALLS ON THE GIVEN NUMBERS.


https://docs.google.com/forms/d/e/1FAIpQLSed5g8JiIGlttu3IUlkJwnCdEMzv-1Z_hr3ylfU55pepmCb6A/viewform?usp=sf_link

Important Announcement 📢

Payment Details of Market Wizard has changed. Please take note of New Payment Details.

⏩GOOGLE PAY

MARKET WIZARD Mobile No - 9820456934

⏩BANK TRANSFER

SATISH KANTILAL SHETH
ACC No - 54000371858
IFSC Code - SBIN0000552
Branch - CHINCHOLI MALAD (W)

⏩ UPI ID - marketwizard1234@okaxis


Anyone paying on Old Payment Details will not be considered. Take Note for the same.

September month Subscription have started. It's 1st come 1st serve basis. Don't miss it.

Renewal or New Members it will be on 1st come 1st serve basis.

Share 3i Infotech - Clarification on Regarding Delisting of Equity Shares of the Company.pdf

*👉👉CARBORUNDUM UNIVERSAL LTD*

*COMPANY PROFILE:*

*CARBORUNDUM UNIVERSAL LTD (CUMI)* was founded in 1954 as a tripartite collaboration between the *Murugappa Group*, The Carborundum Co., USA and the Universal Grinding Wheel Co. Ltd., U.K.

*👉👉The company pioneered the manufacture of Coated Abrasives and Bonded Abrasives in India in addition to the manufacture of Super Refractories, Electro Minerals, Industrial Ceramics and Ceramic Fibres. Today the company’s range of over 20,000 different varieties of abrasives, refractory products and electro-minerals are manufactured in ten locations across various parts of the country.*

*👉👉CUMI is one of the five manufacturers in the world with fully integrated operations that include mining, fusioning, wind and hydro power stations, manufacturing, marketing and distribution.😍*

CUMI’s products are being exported to 43 countries spread across North America, Europe, Australia, South Africa and Asia.

*FUNDAMENTALLY & PERFORMANCE VISE STRONG.ALMOST DEBT FREE COMPANY, STRONG CANDIDATE FOR LONG TERM INVESTMENT.. JUST PERSONAL VIEW ONLY NOT TRADE SUGGESTION.*

ION exchange CMP 2245

Ion Exchange (India) is engaged in a wide range of solutions across the water cycle from pre-treatment to process water treatment, waste water treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination etc.

Financial

- ROE, ROCE and ROA is around 31% ,38% and 10% respectively (Excellent)

- P/BV - 7, Face Value: INR 10, MCAP: 3300 Crs.

- Forward PE - 27 overall good.

- Current ratio: 1.4, Interest coverage: 19.1 (decent)

- Q1FY22 topline was around INR 314 Cr Vs. 265 Cr Vs. 445 Cr up by 18.5% in YoY and declined by 41.7% in QoQ

- FY21 topline was around 1450 Cr Vs. 1480 Cr in YoY therefore declined by 2%.

- Q1FY22 PAT was around 24 Cr Vs. 18 Cr Vs. 70 therefore up by 33% in YoY and declined by 65% in QoQ.

- FY21 PAT was around INR 144 Cr. 94 Cr and therefore up by 53%.

- Operating profit margin was around 14% in FY21 and Q1FY22 it was around 11% and decreased by 300 bps.

- Company is continoulsy reducing their debt and nearly its debt free.

Opportunities

- Leader in Water Management Industry With 56 years of legacy the company has established a long standing presence in the Industry with more than 100,000 Installations worldwide.

- Diversified business profile Engineering segment cover 61% of revenue and grew rapidly. Chemical segment cover 31% of revenue and also grew good. Consumer segment cover 8% of revenue.

- Strong clientele base including Tata group, Reliance, Mitsubishi, Oberoi Hotel, Vedanta etc.

- Strong export business which cover 38% of total revenue and geographicaly presence in many counties UK, Philippines, USA, Europe etc.

- The company has two R&D facilities in India and the company has 50 patents to their credit and 100 plus products commercialized. The company have developed a new product which removes Uranium from the Ground water and the cost effective method has got good traction the rural area.

- Strong order book in all segment. Engineering segment as on March 31, 2021, estimated order book was Rs 600-650 crore which, along with pending orders worth about Rs 393 crore from Sri Lanka, provide strong medium-term revenue visibility. The diverse end-user industry base protects the Ion Exchange group from downturn in any one industry.

- Networth was above Rs 400 crore as on March 31, 2021 as compared to Rs 355 crore last year. Debt protection metrics are estimated to be strong, with net cash accrual to total debt and interest coverage ratios are in the range of 0.8-0.9 time and 7-9 times, respectively, in fiscal 2021.

- Ample opportunities to grow in water treatment. Nearly monopolistic business in this segment.

- Strong operating cash flows in every quarter. Liquidity is also good, debtors days has also been improved on YoY still its high around 4 months.

Key concern

- Promoter holding is too low despite small equity capital of around 14 Crs and Promoter hold around 27% in the company, FIIs and DIIs hold around 1.5% and 7.8% respectively which was increased by DIIs around 1% in June quarter. Although RJ stake was completely 5% offloaded during the Q3FY21
Plutus management new entrant in this stock around 3.4% taken in Q4FY21.

- Muted topline growth and and declined also in Q1FY22.

- Operating profit margin was also not stable and declined also on QoQ.

View: Share 52 week high 2900 and now 2245 almost 25% corrected from their peak. Share is curently at their support level and next immediate support is around 2005. Those who want to add can add some quantity here and if it correct 2100-2150 can do average for target price of 2500/3250 in short to mid term.

Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Please do the thoroughly study before enter or exit the shares.

RD Stock (“High Returns with Low Risk is the Key”)

*Grasim Industries to invest Rs 2,600 crore in capex in FY22*

 Grasim has earmarked over Rs 2,600 crore as capital expenditure (capex) for financial year 2022 in the Viscose Staple Fibre (VSF) business. This will in addition to  company’s earlier announcement that it will invest of Rs 5,000 crore in its paint business over three years.


"We are currently in the process of carefully identifying plant sites that are close to consumption hubs for the paint business," Aditya Birla group chairman Kumar Mangalam Birla said while addressing the company's shareholders.

Like other top conglomerates, the group is also investing in renewable energy businesses. "Our solar power business contains a portfolio of solar assets across the states with the cumulative installed capacity at 502 Mw in FY21. We have tripled our capacity in the past two years, aided by the Group’s focus on increasing the share of the renewable power mix in each of our large ABG businesses," Birla said. The cumulative installed capacity is expected to rise to 845 Mw by FY23 based on the current pipeline, Birla said.

On its VSF business, Birla said trial production has started at the new brownfield vilayat project and with this Vilayat will become one of the largest single-location VSF facilities in the world with state-of-the-art technology delivering world-class fibre to Indian spinners.

"This expansion will increase Grasim’s VSF capacity by about 40 per cent, which will cater to the growing demand for sustainable man made cellulosic fibres in the country," Birla said.

The Vilayat expansion project entailed an investment of over Rs 3,500 crore and the capacity utilisation of the business recouped from single digit utilisation levels to full utilization levels towards the end of the year, Birla said.

"In the long term, the endeavour will be to enhance our value added products portfolio to create a meaningful speciality chemicals segment in Grasim. Our aim is to increase the share to 40 per cent for both VSF and chlorine value-added products by 2025," he said.

Earlier Birla had also announced a capex of up to $3 billion in the next five years by Hindalco to increase its capacity in India and overseas. Part of the capex will be deployed by Hindalco subsidiary, Novelis Inc for its auto-finishing lines in the US and China as well as for rolling and recycling capacity expansion in Brazil.

Nazara Tech Buys 100 % Stake in Popular Gaming & E- Sports Co. OpenPlay For Rs 183 cr

Apollo Micro Systems Advances On Rs 59.62 Crore Order Win Shares of Apollo Micro Systems Ltd. advanced over 4% after the company bagged supply order worth Rs 59.62 crore. In an exchange filing, the company said that the order related to the supply of security and surveillance systems.

GoAir Gets Initial Share Sale Nod From India’s Market Regulator
Go Airlines India Ltd. has got the green light from the nation’s market regulator to raise Rs 3,600 crore ($485 million) through an initial public offering.

GoAir’s share sale was put on hold in June by the Securities and Exchange Board of India. The airline now expects to file a preliminary prospectus in about three weeks.

A GoAir spokesman and representative from Sebi didn’t immediately respond to requests for comment.
A share sale would come at an opportune time for debt-laden GoAir, which is losing money and plans to rely on proceeds from the IPO to repay debt and dues to creditors including Indian Oil Corp.

The carrier, in the process of rebranding itself as GoFirst, has obligations that totaled around Rs 8,160 crore as of mid-April, according to its draft preliminary prospectus.

Source: Bloomberg

MONEY TIMES TALK - August 29, 2021

EKI Energy Services, a micro-cap dealing in carbon credits with equity of Rs. 5.05 cr. posted a 414% Q1 EPS growth to Rs.37.02 v/s Rs. 8.94 in Q1 FY21. Volumes and PAT margins are rising fast. Cautious buying in small quantities advised.

GMR Infra, which runs Delhi, Nagpur, Hyderabad airports is constructing Goa & Bhogapuram (AP) airports. It now plans to develop Nagpur airport. A good long term buy.

Metal stocks are tumbling on the bourses, but the commodity market is likely to remain strong. Add Nalco, NMDC, SAIL, and Hindustan Zinc.

A veteran market man recommends to buy Ajanta Soya, GMR Infra, Haldyn Glass, Panchsheel Organics and Sika International.

Coal India has a capex target of Rs 17K cr. for FY22. The demand for coal is rising and higher price realizations merit a re-rating. Buy this high dividend paying Navaratna PSU for long term.

High valuations should not be a barrier to price gains in high growth companies. Take advantage of falling prices and buy Happiest Minds and KPIT Technologies.

Godrej Industries has emerged stronger after Covid-19 relaxations. With Q1 EPS of Rs 4.12 v/s Rs. 2.04 in Q1 FY21, it is likely to double its FY21 EPS of Rs. 9.04. Buy.

Rama Steel Tubes tripled its Q1FY22 revenue to Rs. 142.57 cr. from Rs. 48.17 cr. in Q1FY21. With Q1 EPS at Rs. 4.18 v/s a negative EPS of Rs. 1.14 YoY, the stock looks attractive. Add.

Tube Investments, makers of BSA and Hercules bicycles, to launch electric 3-wheeler passenger vehicles in March 2022 and enter the auto rickshaw and cargo segment. A good long-term investment.

The govt. has declared its policy for the next sugar season that will raise the ethanol procurement rate. Buy Rana Sugars and Bajaj Hindustan.

Lupin has launched an Asthama inhaler drug in UK – a generic alternative to Fostair. Its Q1FY22 NP soared 404.30% to Rs. 548.16 cr. on 22.2% rise in revenue to over Rs. 4237 cr. (YoY) An excellent long term buy.

With a big jump in profits, Ajooni Biotech plans a big expansion and will soon launch a Rights issue to fund the capex. Long term prospects look good. Add.

HCL Tech has signed a contract with Munich Re, a leading reinsurer, to create a new generation digital workplace for its workforce across 40 countries. A big positive for higher profitability. Add.

M&M is ramping up its EV capacity and funding plans are already on the drawing board. Hopes of a rights issue can trigger share price hike. A safe investment bet when market looks fully priced.

With glitches out of the way, HDFC Bank plans to issue about 3 lakh credit cards per month in the next few quarters. The share price may move up sentimentally on this news.

Sobha Ltd. not only cut debt but also boosted sales in Q1FY22 despite challenges. A good share to add.

Gravita to buy scrap from large telecom players, UPS OEMs, IT & ITES units, and automobile workshops to recycle lead and lead alloys. Promoters are also raising their stake. Buy.

Since Jan 2021, FPI investments in the Cement sector has risen by 46% given the boom in the sector. Deccan Cements posted a fantastic FY21 and still better Q1FY22. It has the potential to double in a year’s time. A big Buy.

Bajaj Finserve to venture into mutual funds as MF penetration in the country is low. All Bajaj group cos. are faring well in the market. This share can also rise further. Buy.

Marksans Pharma has the USFDA nod for Acetaminophen, a generic version of Tylenol, to treat a variety of pains & aches and to reduce fever. Promoters are also raising their stake. Add.

Aurobindo Pharma’s arm Eugia has received USFDA nod for Cyclophosphamide Injection used in the treatment of cancers & tumours. With 482 ANDA approvals from USFDA makes this company a great buy.

Recently listed Aptus Value Housing is a retail-focused housing finance company that serves the low and middle-income self-employed customers in rural and semi-urban India. It is one of the largest housing finance companies in South India with AUM of Rs. 3790.93 cr. as on 31/12/20. This stock could touch Rs 540.