Market Wizard
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#Glenmark Pharma Concall | Saw high single-digit price erosion in the US & same is expected in FY23. Expect the Monroe facility to restart supplies to the US in Q4FY23
#OnCNBCTV18 | Govt export duty is a temporary step to contain inflation, exports must continue so we can retain customers

Guidance is of 25 mt of output, 24 mt of sales. Expect significant volume of exports to continue in FY23

Seshagiri Rao of JSW Steel
Market Wizard
MARKET WIZARD NEWSLETEER ISSUE 51.pdf
MARKET WIZARD NEWSLETTER ISSUE 51 UPDATE

🎯Fundamental Stocks

▶️ CEREBRA INTEGRATED TECHNOLOGIES LTD ADDED AT 60
▶️ INDIAN ENERGY EXCHANGE LTD ADDED AT 186
▶️ KALPATARU POWER TRANSMISSION LTD ADDED AT 356.5
▶️ SBI CARDS LTD ADDED AT 770

DISCLAIMER:- WE ARE NOT SEBI REGISTERED. WE WILL ADD ON ALL DIPS MENTIONED IN THE NEWSLETTER. WE MIGHT BE HOLDING OR RECOMMENDED THE SAME IN PAST TOO.

TEAM MARKET WIZARD🧙💎
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#CNBCTV18Market | Metal stocks attempt recovery from opening lows, JSW Steel nearly 2% off lows
TEXTILE STOCKS: SOURCES SAYS NEW PLI SCHEME WILL BE INTRODUCED SOON

- ZEE BUSINESS

Possitive for Arvind, Gokaldas, KPR, Kitex, Kiran Clothing

THIS NEW PLI SCHEME WORTH RS 4000 CR FOR APPRAREL & GARMENTS
Invesco India AMC diverted poor quality bonds to retail investor kitty, reveals SEBI probe - business Line

The ongoing probe by SEBI into the alleged violations by Invesco India Asset Management Company (AMC) has revealed that the fund house undertook several inter-scheme transfers (ISTs) between 2016 and 2021, specifically aimed at moving papers with ‘poor fundamentals’ into retail-oriented schemes at the time of heightened credit risk.

Invesco India AMC, part of America’s top fund management companies, is being investigated by regulators in multiple jurisdictions for alleged misappropriation of fixed income schemes after a whistleblower filed complaints with regulators in the US, India, Hong Kong and few other jurisdictions. In India, Invesco manages assets worth more than ₹53,000 crore.
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M&M SAYS DID NOT PASS ON ENTIRE COMMODITY COST HIKE

Need to track next quarter
Short Term Aggressive Call

Buy KG Denim at CMP of 43 - 43.8 and dips till 39
Sl 38
Targets:- 47 - 48.5 - 50 - 51 - 52 - 53.5 - 55+
Above that we can see 60- 65+

Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.

BSE SCRIPT CODE - 500239
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KG DENIM IN NEWS ALSO.

TEXTILE STOCKS: SOURCES SAYS NEW PLI SCHEME WILL BE INTRODUCED SOON

- ZEE BUSINESS

Possitive for Arvind, Gokaldas, KPR, Kitex, Kiran Clothing

THIS NEW PLI SCHEME WORTH RS 4000 CR FOR APPRAREL & GARMENTS
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Market Wizard
ADDED MORE KG DENIM AT 43.75 DONT MISS TO ADD. EXPECTING FIREWORKS
Proof of buying at 43.75 also. Don't miss to add.

Fireworks 🎆 🎇 🧨 expected.
Market Wizard
Added Okplay at 31.95 - 34.4
OKPLAY 35.95❤️❤️

ZOOMING SLOWLY
M&M SAYS DID NOT PASS ON ENTIRE COMMODITY COST HIKE
#OnCNBCTV18 | #SUV revenue market share is back to the top position, getting 9,000-10,000 bookings every month for #XUV 700. No plan to undertake any restructuring, as is being speculated, says Rajesh Jejurikar of Mahindra & Mahindra
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IOC , BPCL , HPCL : States can still cut Rs 2-3 on fuel without impairing VAT revenue: SBI Ecowrap

It said that states can cut at least Rs 2 on diesel and Rs 3 on petrol without impacting their VAT revenue from oil.

The report added that when the central government cuts excise duty, a state’s VAT revenue gets reduced automatically as VAT on fuel depends on base oil price, transportation charges, dealer commission and excise duty. It stated that there are a few aspects to states VAT revenue.
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