COFORGE

AGAIN

FRESH ATH

5950 💚

Coforge

2181 To 5950 🎯💚

INDIA MART

AGAIN LOOKING GOOD & AT SUPPORT

RECENT HIGH # 9650

NOW @ 8888 & Days Low

Support @ 8700/8650

Good Risk Reward

S/L - 8480 on cbsl

Can again test # 9100/9300/9500/9600/10000++

Do VOTE

Our Next Pick coming Which can Run up like Mastek

Only if 300++ votes

Already Recommended many times IN CHANNEL

18600 can be Supply zone on Nifty

Fresh Rally in nifty only on close above 18600

I.T Index & few stocks can see some Normal profit 📈 booking in next 2 to 5 days as had a good Run up

Keep eyes on stock specific 💡 ideas & Pick

Diwali ke Pehle kuch profit book kar ke Ghar le Jaiye & Diwali celebrate Kariye....

Many stocks started Looking expensive after Recent 🏃‍♂️
Run Up......

If View is short Term Do book profits as Per Risk

Medium Term - Trail your picks as per risk

Longterm - Book some profits or Keep Trailing

DONT forget To book profits as per Risk

Nifty 18600

Our Fair Value for Nifty was 18300

We expect some cool off in coming Days

Momentum is very strong....so can see 100 to 200 points higher also

Market need time wise correction now.....

Don't Buy anything do proper study and than only Buy

Get Ready For VOLATILE Days ahead.....

JUST 1 SUGGESTION TO ALL WHO HAVE COME TO MARKETS IN LAST 12 TO 24 MONTHS

Don't LEVERAGE

DONT PLAY F&O

MARKETS NATURE/DYNAMIC/MOMENTUM CHANGES OVERNIGHT.....

PLAY WITH STRICT S/L & RISK MANAGEMENT





PLAY WITH RISK MANAGEMENT

3⃣0⃣0⃣9⃣

DEEPAK NITRITE

Low- 8300

Keep s/L on closing basis only

Huge volatility before numbers on Thursday

What a volatility

From days high to days low

This is just Beginning

Many more such days wld come

10 Bull ki EK BEAR 🐻 KI

AAJ KA DIN WAS LIKE THAT....

LTTS

FY22Q2 Numbers

Revenue: 1608cr +22% YOY

PAT # 230cr +39%

Jubilant Ingervia numbers are okie.

Cost Of Raw material was high and was not able to pass on

Good thing Debt Reduced by 193cr

*After 'Best-Ever' Q2, L&T Infotech Expects Better Growth In Second Half Of This Fiscal*

L&T Infotech Ltd. reported its “best ever” second-quarter constant-currency revenue growth, which was broad-based and came on a high base. The software services provider saw its revenue rise 9% sequentially in constant-currency terms.

The company expects the demand to grow and is optimistic about maintaining margins despite wage hike pressures.

Sanjay Jalona, chief executive and managing director at L&T Infotech, spoke to BloombergQuint’s Niraj Shah on the earnings and the company’s outlook

*Here are the key highlights from the conversation*

Medium-Term Demand Looks Strong The company expected the growth numbers in the second half of the fiscal to be better than the first, improving the pace for the full FY22, according Jalona. In fact, he is confident that it will be strong for the next three years.

Going by brokerage estimates, L&T Infotech’s dollar revenue may grow 28% in FY22, after clocking a compounded annual growth rate of 18% from September 2019 to September 21.

*Jalona cited some of the potential key drivers*

Clients working on new business models and wanting partners who can “cocreate” with them—something he called ‘Great Structuring’.

Changing customer expectations and emergence of new areas like ESG and cloud security.

A significantly high attrition at the client side and the resultant spike in wages or “Great Resignation”, forcing clients to turn to automation.

*Margin Resilience*

The EBIT margin for the company stood at 17.21% versus 16.41% in the preceding quarter.

The share of offshore effort increased 90 basis points sequentially to 83.6%, helping with margin resilience in a post wage-hike quarter, Jalona said.

Jalona maintains that the offshore effort share will stay elevated on the back of the ‘Great Resignation’ theme playing out globally.

Larsen Infotech, however, would like to be known as a growth company, and would maintain margins in the 14-15% band and reinvest the excess in business growth, he said.

*Good Client Addition*

The company reported a deal in Europe with total a total contract value of $30 million, and multiple smaller deals with strong banners this quarter. Jalona said deal pipeline is robust with a number of large deals. The growth is constrained only because of supply constraints and would have been much better otherwise given extremely strong, secular and sustainable demand environment, he said.

Typical seasonality of the second half is better than the first, and Jaloan expects that to be true this year.