Today's Fall giving chance to Accmulate high Conviction picks

ADSL
DCW
ASIAN TILES
GNFC
DEEPAK FERTLIZER
EKC
PRECAM
SAKAR HEALTHCARE
VIKRAM THERMO
PCBL
PRAJ INDS
OPTIEMUS INFRA
AURION PRO
LTIM
MHRIL
GOODLUCK INDIA
DEEPAK NITRITE
NELCAST


List is long
Pick ur conviction pick

EKC

Gave Good change today to accmulate

Days Low - 118

HITACHI ENERGY

RETRIATE

CMP - 4550

Support@ 4250/4100

Add & Accmulate on all Dips

Longterm prospect's looks Good

Hitachi Energy to enter Hydrogen electrolysers & EV batteries business looking for partners

One Good Day and Can we see our Stocks flying

10% - 15 - 20% +

Possibely yes

Stay Tunned

Aurion pro

1600 ++

For Technical Lovers

Persistent System

Cmp - 5930

Watchout for close above 5955

Target - open

TF - 1 to 4 months

S/L - 5530 on cbsl or As per Risk

Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

DCW

DAYS High- 61

Trying Really Hard

Watchout for close above 62.60 - 63 zone for Big upmove

NELCAST

168

Watchout for next clean move once closed avove 175 & Sustained

Sharekhan Stock Update- 3R Recommendation*l

Kajaria Ceramics Ltd
Broadly in-line Q2; Retain Buy

Rating:BUY

(CMP: 1232, Price Target: 1600)

Company Description

Kajaria is India’s largest manufacturer of ceramic/vitrified tiles and the world’s eighth largest tile manufacturer. The company has an annual capacity of 84.45 mn. sq. meters presently, distributed across eight plants – one at Sikandrabad in Uttar Pradesh, one at Gailpur, one at Malootana in Rajasthan, two at Morbi in Gujarat, one at Vijayawada, one at Srikalahasti in Andhra Pradesh, and one at Balanagar in Telangana

Key Investment Arguments

•We retain our Buy rating on Kajaria Ceramics Limited with an unchanged PT of Rs. 1,600, rolling forward our valuation multiple to September 2025 earnings and considering its high earnings growth trajectory over the next 2-3 years.

• For Q2FY2024, operational performance broadly remained in-line with marginally lower volume growth and cost savings from lower power and fuel costs. Net cash surplus rose on a q-o-q basis.

• Management has lowered tile volume growth for FY2024 to 9-10% y-o-y, considering slower H1. Pick-up in demand from September as per expectations hints towards growth revival from H2.

• The company added 3 msm GVT and 1.92 msm ceramic tiles at its Sikandrabad and Gailpur units,respectively,which would provide future growth. Morbi exports are expected to maintain growth momentum.

Our Take

Even Asian Tiles wld do Better

Kya Lena hai Fall mein

Sooch Lo.....

Buy Quality and all those which you were Ready to Buy at Higher Levels

Few Strong Buys if Ready to Wait with Patience for next 1 - 2 - 3 Years

ADSL @ 108 - 115
DCW @ 50 - 54
EKC @ 112 - 118
Asian Tiles @ 70 - 74
OPTIEMUS INFRACOM @ 260 - 280
GNFC @ 630 - 660
Deepak Fertilizers @ 590 - 610
Hitachi Energy @ 3800 - 4000
Precam @ 240 - 260
Vikram Thermo @ 100- 106
MHRIL @380 - 410
Sakar Healthcare @ 320 - 330
Persistence @ 5750 - 5830
NMDC LTD @ 140 - 145
GooLuck India @ 690 - 730

Nifty strong support @ 19000 - 18900 zone

Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

Correction is Opportunity for Equity Investors

EKC

Diwali Pick

DAYS LOWS - 115.55

Strong support zone @ 114 - 115