Tata Motors

Why is street excited?

Why TATA MOTORS hitting 52wk High

-EV Strategy(recently opened dedicated EV showroom, new launches in 2024)

-Punch Ev, Harrier Ev, Curvv Ev to hit streets in 2024

-Likely to Shift production of the Nexon EV from Pune to the Sanand, Gujarat (acquired from ford)

-Production of other EVs already takes place at the Sanand factory

-Sanand has opened avenues for to focus on the production of EVs

-Sanand plant, set to be fully operational by 2024

- Plant has potential to produce up to 420,000 units annually

-Continued improvement in JLR

-JLR net debt has decreased by £300 million

-Likely to see potential shift to a net cash position by FY25

Brokerage View
CLSA 841
Emkay 760
Nuvama 840 (Top Pick in Auto)
Jefferies 800
Sharekhan 840

POWER MECH

Value investing mostly works in Longterm

We picked up @ 336 when market cap was just 490cr

Today @ 4285 market cap increased by 14x at 6774cr

ATH - 5069

Still next 5 to 7 years seems great

Order Book - 55000cr

Agri Theme 🌾

Could be one of the
theme of '24

Agrochemicals
Fertilizers
Drip Irrigation Products

HAPPY NEW YEAR

Year 2023 - Nifty Moved from 16800 on 1st Jan’23 To 31st Dec Closing at 21730 zone
Just 70 points below ATH

If you had invested in any good stock in jan ‘23 and stayed invested whole year without fear
You might had minted Good MONEY 💴 💰

Just staying invested in only gimic, ups and down wld keep coming

If promotors are good.
Have good sales growth and profits growth
Stocks are bound to go up over a period of Time

There Will Be Temporary Corrections In Between. But The Bull Market Will Continue In 2024 Also, Because The Fed Will Most Likely Cut Interest Rates, Which Itself Is Very Positive For The Stock Markets.

So Stay In The Game, And Don’t Get Frightened Of The Dips, Instead Look For Adding Meaningful Position In Those Times. Hope 2024 Will Be Rewarding For The Bulls Yet Again.

Your Money Should Be Backing Those Companies With Consistent & Strong Earnings Growth With Low PE.

Again on RADAR

JTL INDS

Should do well in coming Few Qtrs

SHRIRAM PISTON

4.5% 🆙

💚

1525

Locked 🔐

In 5% UC

GNFC - 7% 💚 - 809

GSFC - 17% 🆙 280

Deepak Fertlizer 2% 🆙 —- Shld see blast in coming few days

Fed is projecting 3 rate cuts in 2024.

Here's what the market's pricing in:

-Mar '24: 25 bps cut (5.00-5.25%)
-May '24: 25 bps cut (4.75-5.00%)
-Jun '24: 25 bps cut (4.50-4.75%)
-Jul '24: 25 bps cut (4.25-4.50%)
-Sep '24: 25 bps cut (4.00-4.25%)
-Dec '24: 25 bps cut (3.75-4.00%)

Shriram Piston

Fresh 52wk High

1605 💚

Locked 🔐 in UC

JTL INDUSTRIES

Current capacity 5.86L MT.
Co adding capacities. Total capacity post capex will be 1M MT. Targeting to achieve this by FY26.

Post 1M, next target is 2M. Having ample landbank in Mangaon and Raipur.

Raising 1300Cr to fund the capex.
Promoter & non promoter putting money in co through warrants. QIP 500Cr. Total 1300Cr.

SHRIRAM PISTON

FRESH 52wk High

1665

2 Shipping stocks on Radar

SCI @174 - 175
Support @150- 140 zone

GE shipping @997 - 999
Support @ 940/890

Looking Good for 10% - 20% - 30% -40% Upmove

S/L - You decide as per Risk

GOLDIAM INTERNATIONAL

Watchout for close above 180

NMDC - 223
➕
NMDC STEEL - 51

🟰274 + Dividends

102 To 274 done Till Now

Almost 170% Upmove

Book 40% Profits and keep free shares for Longterm

NMDC

DEMERGED into
NMDC & NMDC STEEL

VALUE CREATION

170% 🆙 Move in 18 months

IRCTC

GETTING RIPE For UPMOVE 🔜🔜🔜🔜

WATCHOUT FOR CLOSE ABOVE 910 - 920 zone soon

FERTLIZER

COMBO MOVING

FRESH 52wk High

GNFC
GSFC
DEEPAK FERTLIZER ( Just 2% Away from 52wk High)

Superb
H1FY24 numbers with very good OCF
H2 trends better vs H1

In H1FY24, company does more PBT & PAT vs whole of FY23

H1FY24:
Rev at 109cr
PBT at 18.2cr
PAT at 14cr

FY23:
Rev was 203cr
PBT was 14.7cr
PAT was 12.2cr

Solid margin expansion

Healthy OCF
At 7.55cr in H1
FY23 OCF was 7.5cr

If same numbers continue this can be 1000+ Candidate in next 3 Years

HAL

FRESH ATH

3015 💚

914 To 3000+

Next - 3300/3636/4089+