DEEPAK FERTLIZER

Shld Do well in coming Days

*India offers both quantity and quality gains: Nilesh Shah says foreign investors looking to enter*

As the domestic market soared to fresh record highs, cheering the saffron sweep across state elections, Kotak AMC’s Nilesh Shah remains extremely bullish on the Indian growth story. As the country sits on the cusp of a pivotal election, Nilesh Shah shares his perspective on the trajectory of the equity market, changing dynamics for FIIs, along with shedding light on India’s positive momentum.

*_How surprised are you with the election verdict? And where do we go from here?_*
The market is pleasantly surprised. They were discounting continuity of governance in 2024 general election but these three results give confidence to the market that their hypothesis was correct. The second quarter GDP number came ahead of expectations; analysts didn't downgrade earnings thereafter like in the previous periods. Earnings as per expectations, GDP growth ahead of expectations, plus political continuity hypothesis getting reconfirmed is why markets gave a thumbs up today.

*_So from here until the elections, do we continue with this positive momentum?_*
Momentum is in favour of India. Concerns about the Indian market is about valuation rather than growth. Between 2027 to 2032, India will become the third largest economy overtaking both Germany and Japan. The conundrum: one-year basis, India looks expensive to emerging market peers; five-year basis, India is probably the cheapest emerging market.

There is consensus that growth in India is guaranteed. Valuation -- each one will have to take a call independently. Remember, gold will always be available at the price of gold; not at the price of copper.

*_Do you think the private capex will move to the front end in the next six months?_*
I think there will be some urgency in the capex plan for private investment as the election uncertainty starts. Economically, the capacity utilisation is reaching peak level, corporate cash flow is strong and leverage is low. There's no better time than today to set up additional capacity. Now, of course, it will be sector specific, such as automobiles sector may be more aggressive, while the chemicals sector might be more subdued.

*_Does the election result decisively change the course of foreign investors?_*
Foreign portfolio investors are not a homogeneous crowd. There are FPIs who have been present in India for decades and won’t change their plan. There are also FIIs who offloaded their positions between 2021-22, and are waiting on the side, hoping to buy at a lower level. However, now they will have to jump in at the current level.

There's also a set of global investors who invested in China but are now realising that Indian markets have given far higher returns. Also, from a growth point of view, it looks far better than China. So there will be a reallocation trade happening from China to India over a period of time.

Finally, India is also working with benchmark global indices companies to increase its weight. On a correction, every global investor will be looking to enhance their allocation to India, just like a domestic investor.

*_FII ownership in India right now sits at a decadal low. Do you see this as the bottom, and could we see a sharp resurgence over the next one or two years?_*
Undoubtedly, FPI's ownership in listed equity has fallen to the lowest level. This is driven by the fact that around $140 billion of investments in the unlisted private space is dominated majorly by FIIs. To truly understand, we have to combine listed and unlisted spaces to understand foreigners’ ownership in Indian companies. We must also look at foreign direct investment, which is increasing. I still believe global capital will continue to flood into India as long as we provide them with an attractive opportunity to invest in India.

Tata power

Fresh 52wk High

306

High Growth
Futuristic Sector
Great Brand Management

Expecting - 450/500/600/750

Long term - 1️⃣0️⃣0️⃣0️⃣

Just for saying

In 2021 Aurion pro was at 166

When fundamentals are strong 💪 & Management is investor friendly any looking to take company to next level and u pick at right time

Few stock that’s not moving now but after a year or two you might feel It’s multibagger in making

Few stocks don’t move after Comming on Radar or immediate after Our Buying

There’s process and need to follow it
( Who had patience & Conviction Made money 💰 IN PAST)

If Revenues and profit increases in 1 - 2 - 3 Qtrs of any stock
It prices has to go up

Many of Our studied stocks nvr moved for many Month or few Qtrs
Just check Reco prices & current prices of that stock picks

HAL @ 914 ( Aft split & 457)
Lincoln pharma @ 240
Deepak Nitrite @ 140
Mastek @ 172
Aurion pro @ 410
Sakar Health care @ 130/153
Praj INDS @ 310/290
GNFC @ 100
EKC @ 75/72/110/120
Precam @ 85/95
Vikram Thermo @48/56
Deepak FERTLIZER @ 72
Nelcast @ 104/90
Stylam INDS @ 1100
Tata power @ 90
Time Techno @ 102
NMDC @ 102
LTTS @ 1700/3000

List is TOO LONG

Swaraj Suiting

CMP - 106

Those who have patience can look even now for next 1-2-3 years

IREDA

14% 💥💚

FRESH ATH

73 ➕

TATA TECH

Days Low - 1188

Now @ 1195

Days High - 1219

Though valuation are High Looks like forming Base for next Upmove

Keep on Radar

Olectra Greentech:

Received an order from Vasai-Virar City Municipal Corporation for the supply and maintenance of 40 e-buses.

Another Good SME IPO

Accent Microcell
Sme IPO
Lot size - 100
IPO price - 140
Investment Amout per lot - 1.40Lac

Expected to do well for next 2 to 3 years based of Management guidance
Good promotors
Expected Good IPO listing - 100% +

Future looks Bright

LTTS

FRESH 52wk High

5️⃣0️⃣0️⃣0️⃣➕

AURION PRO 5x Done

LTTS - Reached 52wk High

LTIM - very close to 52wk High

All wld do well in 2024 also

IREDA

19% 💥 💣

84➕

INOX WIND

10% 💚

399

60% Upmove Done ✔️ Till Now

Book 50% profits

INOX wind

10% 💥

Within a month

60% Move

250 To 399

Book some profits

IREDA

Locked 🔐 in 20% UC

85

TATA TECH

4% 💚

1247

IREDA

Fresh ATH

102

ANOTHER 20% 🆙

40% up in 2 Days