Stocks Picker Articles

17 Jan 2025 04:40

Corporate Actions

Optimus Finance has approved sub-division/split of existing 1 Equity Share having face value of Rs. 10/- each into 10 Equity Shares having face value of Re. 1/- each, subject to approval of Members of the Company.

Dividend

17-Jan-25
TCS: Interim Dividend - Rs. - 76.00
VKAL: Interim Dividend - Rs. - 0.10

21-Jan-25
ANGELONE: Interim Dividend

IPO
Stallion India Fluorochemicals: Open: 16-Jan-25; Close: 20-Jan-25

Buyback
---

Bonus
Kitex Garments: Bonus Issue 2:1; Ex-Date: 17-Jan-25
Mayukh Dealtrade: Bonus Issue 3:5; Ex-Date: 17-Jan-25
B. N. Rathi Securities: Bonus Issue 1:1; Ex-Date: 24-Jan-25

Stock Split
Jai Balaji Industries: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 17-Jan-25
Arunjyoti Bio Ventures: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 17-Jan-25
Nava: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 20-Jan-25
B. N. Rathi Securities: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 24-Jan-25

Right Issue
Quasar India: Open: 20-Dec-24; Close: 17-Jan-25
Sikko Industries: Open: 23-Dec-24; Close: 21-Jan-25
Pro Fin Capital Services: Open: 09-Jan-25; Close: 24-Jan-24
Camlin Fine Sciences: Open: 17-Jan-25; Close: 27-Jan-24
Dhanlaxmi Bank: Open: 08-Jan-25; Close: 28-Jan-24
California Software: Open: 24-Jan-25; Close: 31-Jan-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24

Open Offer
India Cements: Open: 08-Jan-25; Close: 21-Jan-24
Prataap Snacks: Open: 16-Jan-25; Close: 29-Jan-24

Stocks Picker Articles

17 Jan 2025 03:24

*Fund Houses Recommendations*


Citi on *Aadhar Housing:* Initiate Buy on Company, target price at Rs 565/Sh (Positive)

Nuvama on *Reliance Ind:* Maintain Buy on Company, target price at Rs 1673/Sh (Positive)

Jefferies on *Reliance Ind:* Maintain Buy on Company, target price at Rs 1660/Sh (Positive)

CLSA on *Reliance Ind:* Maintain Outperform on Company, target price at Rs 1650/Sh (Positive)

DAM on *Reliance Ind:* Maintain Buy on Company, raise target price at Rs 1550/Sh from Rs 1521/Sh (Positive)

IIFL on *Reliance Ind:* Maintain Buy on Company, target price at Rs 1729/Sh (Positive)

MS on *Reliance Ind:* Maintain Overweight on Company, target price at Rs 1662/Sh (Positive)

MS on *LTIM:* Maintain Overweight on Company, target price at Rs 6800/Sh (Positive)

Macquarie on *LTIM:* Maintain Outperform on Company, target price at Rs 7100/Sh (Positive)

Nomura on *Infosys:* Maintain Buy on Company, raise target price at Rs 2220/Sh from Rs 2190/Sh (Positive)

Nuvama on *Infosys:* Maintain Outperform on Company, raise target price at Rs 2350/Sh from Rs 2250/Sh (Positive)

Bernstein on *Infosys:* Maintain Outperform on Company, raise target price at Rs 2330/Sh from Rs 2270/Sh (Positive)

BofA on *Infosys:* Maintain Buy on Company, raise target price at Rs 2150/Sh from Rs 1975/Sh (Positive)

Investec on *Infosys:* Maintain Sell on Company, raise target price at Rs 1773/Sh from Rs 1700/Sh (Neutral)

HSBC on *Infosys:* Maintain Buy on Company, target price at Rs 2120/Sh (Neutral)

MS on *Infosys:* Maintain Overweight on Company, target price at Rs 2150/Sh (Neutral)

Elara on *Reliance Ind:* Maintain Accumulate on Company, target price at Rs 1493/Sh (Neutral)

Nuvama on *Axis Bank:* Maintain Buy on Bank, cut target price at Rs 1220/Sh versus Rs 1335/Sh (Neutral)

Citi on *Axis Bank:* Maintain Neutral on Bank, cut target price at Rs 1160/Sh versus Rs 1190/Sh (Neutral)

Jefferies on *Axis Bank:* Maintain Buy on Bank, target price at Rs 1430/Sh (Neutral)

Bernstein on *Axis Bank:* Maintain Outperform on Bank, target price at Rs 1300/Sh (Neutral)

Macquarie on *Axis Bank:* Maintain Outperform on Bank, target price at Rs 1440/Sh (Neutral)

UBS on *Havells:* Maintain Buy on Company, target price at Rs 2145/Sh (Neutral)

JP Morgan on *Havells:* Maintain Neutral on Company, target price at Rs 1750/Sh (Neutral)

UBS on *Havells:* Maintain Buy on Company, target price at Rs 2145/Sh (Neutral)

Citi on *LTIM:* Maintain Sell on Company, cut target price at Rs 5375/Sh (Neutral)

Nomura on *LTIM:* Maintain Sell on Company, cut target price at Rs 5070/Sh (Neutral)

Stocks Picker Articles

14 Jan 2025 04:48

*Forthcoming Event*

14th January: Eco Hotels & Resorts, Logica Infoway, OK Play India, Sayaji Hotels to consider Fund Raising

15th January: Shalimar Agencies to consider Stock Split; Oasis Securities to consider Stock Split & Fund Raising; Aditya Birla Fashion and Retail, Jagsonpal Finance & Leasing, Madhya Bharat Agro Products to consider Fund Raising;

16th January: BEPL, HAVELLS to consider Dividend; Julien Agro Infratech to consider Dividend & Fund Raising; Abhishek Finlease to consider Fund Raising; Optimus Finance to consider Stock Split; Elitecon International to consider Stock Split & Fund Raising

17th January: WIPRO to consider Dividend; Pradhin to consider Dividend, Bonus issue & Stock Split

18th January: Gujarat Cotex, Kotak Mahindra Bank to consider Fund Raising

21st January: KEI, TANLA to consider Dividend

22nd January: ACCELYA, COFORGE, PERSISTENT, ZENSARTECH to consider Dividend

23rd January: SONACOMS to consider Dividend

24th January: GODREJCP, GOTHIPL to consider Dividend

27th January: EMAMILTD, MANBA to consider Dividend

29th January: CAMS to consider Dividend

30th January: CONCOR, SHREECEM to consider Dividend

Stocks Picker Articles

14 Jan 2025 03:47

*Fund Houses Recommendations*


Jefferies on *BSE:* Upgrade to Hold on Company, raise target price at Rs 5250/Sh (Positive)

Jefferies on *Max Hospitals:* Maintain Buy on Company, raise target price at Rs 1380/Sh (Positive)

HSBC on *Biocon:* Upgrade to Buy on Company, raise target price at Rs 430/Sh (Positive)

MS on *MGL:* Maintain Overweight on Company, target price at Rs 1606/Sh (Positive)

ICICI on *PFC:* Initiate Buy on Company, target price at Rs 550/Sh (Positive)

ICICI on *REC:* Initiate Buy on Company, target price at Rs 600/Sh (Positive)

Nuvama on *Jindal Stainless:* Upgrades to Buy on Company, target price at Rs 836/Sh (Positive)

Jefferies on *Hospitals:* *Max Healthcare and Fortis* are top picks among the sector. (Positive)

Macquarie on *United Spirits:* Maintain Underperform on Company, target price at Rs 1175/Sh (Neutral)

Jefferies on *HCL Tech:* Maintain Hold on Company, target price at Rs 2060/Sh (Neutral)

Nomura on *HCL Tech:* Maintain Buy on Company, target price at Rs 2000/Sh (Neutral)

Citi on *HCL Tech:* Maintain Neutral on Company, target price at Rs 1920/Sh (Neutral)

CLSA on *HCL Tech:* Maintain Hold on Company, target price at Rs 1882/Sh (Neutral)

Bernstein on *HCL Tech:* Maintain Market Perform on Company, target price at Rs 2000/Sh (Neutral)

MS on *HCL Tech:* Maintain Equal weight on Company, target price at Rs 1970/Sh (Neutral)

Nuvama on *HCL Tech:* Downgrade to Hold on Company, raise target price at Rs 2150/Sh from Rs 2125/Sh (Neutral)

Stocks Picker Articles

14 Jan 2025 02:55

*Stocks in News*


*ITI:* Company bags contracts worth ₹64 cr for Wi-Fi & LAN & integrated security system. (Positive)

*BEL:* Company receives orders worth Rs. 561 Crores (Positive)

*JSW Energy:* Receives LoI for 3.6 GW KSK Mahanadi Thermal Power Plant. Bid Amount Was ₹15,985 Cr. (Positive)

*HSCL:* Net profit up 30.5% at ₹142 cr vs ₹108.8 cr, Revenue up 8.4% at ₹1,140.7 cr vs ₹1,052.5 cr (YoY). (Positive)

*Sterlite Tech:* Company announces Self-Certification of its Build America Buy America compliant Optical Products. (Positive)

*HCL Tech:* Company and Microsoft expand partnership to revolutionise contact centers with Generative AI. (Positive)

*QuessCorp:* Company receives income tax refund of ₹21 crore for FY2018 (Positive)

*Wockhardt:* Company expects revenue boost from new drug to combat pneumonia-causing superbugs. (Positive)

*JSW Holding:* SEBI approves JSW Cement's Rs 4,000 crore IPO. (Positive)

*Bajel Projects:* Company said it has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line. (Positive)

*Rashi Peripherals:* Company approved investment of up to Rs. 14 crores for acquiring equity shares in Satcom Info Tech Private Limited. (Neutral)

*Aarvee Denims:* Company approved up to Rs 50 cr fund raising via equity. (Neutral)

*Adani Energy Solutions:* Company Maintained system availability of 99.7% in Q3 in transmission business, Q3 FY25 power transformation capacity at 84,286 MVA. (Neutral)

*Torrent Pharmaceuticals:* Company announced the record date for interim dividend payment as 1st February 2025. (Neutral)

*Dhunseri ventures:* Company invested approximately Rs 30 Cr in its wholly-owned subsidiary, Dhunseri poly Films Pvt. Ltd. (Neutral)

*Bartronics:* Promoter Kinex India to sell 6.29% stake (1.91 cr shares) of the company Via offer for sale (OFS) on January 14 & 15, 2025 (Neutral)

*Starlineps Enterprises:* Announced the appointment of Mrs. Madhuriben Kishan Chhatrola as Company Secretary & Compliance Officer, effective January 13, 2025. (Neutral)

*Dabur India:* Company received an order from the Additional Commissioner, CGST & CX, Kolkata South Commissionerate, demanding Rs. 3.47 Cr. (Neutral)

*HCL Tech:* Net profit at Rs 4591 cr vs Rs 4235 cr , Revenue at Rs 29,890 cr vs Rs 28,862 cr. (QoQ). (Neutral)

*Waree Renewables:* Company will hold a board meeting on January 16, 2025. The meeting's agenda includes standalone financial results for Q3. (Neutral)

*United Soirits:* Diageo India appoints Praveen Someshwar as CEO-Designate. (Neutral)

*Delta Corp:* Net profit up 3.5% at ₹35.7 cr vs ₹34.5 cr, Revenue down 7.5% at ₹194.3 cr vs ₹210.1 cr (YoY). (Neutral)

*Marathon Nextgen Realty:* Net profit at Rs 47.9 cr vs Rs 50.1 cr , Revenue at Rs 123 cr vs Rs 210 cr. (YoY) (Negative)

*Den Networks:* Net profit down 14.6% at ₹40.3 cr vs ₹47.2 cr, Revenue down 4.5% at ₹260.7 cr vs ₹273 cr (YoY) (Negative)

Stocks Picker Articles

13 Jan 2025 12:09

DAM Capital has recommended 14 stocks which are likely to double in the next three years.

Nandan Chakraborty, Head of Strategy at DAM Capital, said in uncertain times, two things are important when investing. First, one should have a margin of safety when selecting stocks, which is why DAM has created a list of stocks that the strategists believe could double in value. Second, it’s important to have a balanced portfolio, with both low-risk and high-risk investments.

DAM Capital has released a report outlining key market themes and identifying stocks they think could double in the next three years.

The stocks are well known & have a huge margin of safety. They have more than 27% earnings CAGR for the next three years. Their PE will not derate or rerate too much.

“The rationale for the doublers is that you should have a huge margin of safety. So, we took stocks which are more than 27% earnings compound annual growth rate (CAGR) for the next three years, and therefore you have a shortlist of those stocks which can double in three years. Then we used our judgement to figure out those where the PE will not derate or rerate too much, and therefore we built this set of 14 stocks,” the expert said.

Stocks Picker Articles

13 Jan 2025 11:37

Markets closed at a 7-month low, falling for the 4th straight day. Strong US jobs data dashed hopes of FED rate cuts. India’s CPI release today will guide the RBI’s next move. Mid & Smallcaps were hit hardest, dropping 4%. All sectors ended in red, with Realty down 6.5%. Adani Ent & Trent were the top losers.

✧ $NIFTY50.NSE ▼ -1.5%
✧ $SENSEX ▼ -1.4%
✧ $NIFTYBANK.NSE ▼ -1.4%
✧ $NIFTYMIDCAP100.NSE ▼ -4.0%
✧ $NIFTYSMLCAP100.NSE ▼ -4.1%
✧ Stocktwits India Momentum Index ▼ -2.9%

Stocks Picker Articles

13 Jan 2025 04:47

*Corporate Actions*

Standard Glass Lining Technology is set to make stock market debut today, January 13. The issue price is fixed at Rs. 140 per share.

*Dividend*

*17-Jan-25*
TCS: Interim Dividend - Rs. - 76.00
VKAL: Interim Dividend - Rs. - 0.10

*21-Jan-25*
ANGELONE: Interim Dividend

*IPO*
Laxmi Dental: Open: 13-Jan-25; Close: 15-Jan-25

*Buyback*
---

*Bonus*
Kitex Garments: Bonus Issue 2:1; Ex-Date: 17-Jan-25
Mayukh Dealtrade: Bonus Issue 3:5; Ex-Date: 17-Jan-25
B. N. Rathi Securities: Bonus Issue 1:1; Ex-Date: 24-Jan-25

*Stock Split*
Shardul Securities: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 13-Jan-25
Regis Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 16-Jan-25
Jai Balaji Industries: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 17-Jan-25
Arunjyoti Bio Ventures: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 17-Jan-25
Nava: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 20-Jan-25
B. N. Rathi Securities: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 24-Jan-25

*Right Issue*
GTT Data Solutions: Ex-Date: 14-Jan-25
California Software: Ex-Date: 15-Jan-25
Moksh Ornaments: Open: 30-Dec-24; Close: 10-Jan-25
Murae Organisor: Open: 30-Dec-24; Close: 13-Jan-25
Quasar India: Open: 20-Dec-24; Close: 17-Jan-25
Sikko Industries: Open: 23-Dec-24; Close: 21-Jan-25
Pro Fin Capital Services: Open: 09-Jan-25; Close: 24-Jan-24
Camlin Fine Sciences: Open: 17-Jan-25; Close: 27-Jan-24
Dhanlaxmi Bank: Open: 08-Jan-25; Close: 28-Jan-24
California Software: Open: 24-Jan-25; Close: 31-Jan-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24

*Open Offer*
India Cements: Open: 08-Jan-25; Close: 21-Jan-24
Prataap Snacks: Open: 16-Jan-25; Close: 29-Jan-24

Stocks Picker Articles

13 Jan 2025 03:55

Stocks in Action

Tech Mahindra: The company provides comprehensive range of IT services, including IT enabled service, application development and maintenance, consulting and enterprise business solutions, etc. to a diversified base of corporate customers in a wide range of industries. The company gave healthy performance in Q2FY25 with topline growth of 3.5% YoY to Rs 13,313.2 cr. New deal wins stood at USD 603 Mn, down 5.8% YoY. EBIT stood at Rs 12,80.4cr, up 111.1% YoY driven by reduced contracting expenses, which in turn resulted in margin expansion by 490bps YoY to 9.6%. PAT stood at Rs 1,250.1 cr, up 153.1% YoY , driven by better operating performance high other income, resulting in PAT margin expansion by 555bps YoY to 9.4%. Going ahead the company is focusing on growth through analytics, vertical-specific solutions, and strategic partnerships, particularly in BFSI, healthcare, and high-tech sectors. Workforce expansion and up skilling are going to be prioritized, with plans to hire over 6,000 fresh graduates and implement wage increases.Key collaborations with Microsoft, Temenos, and Google Cloud will drive workplace modernization, GenAI adoption, and SaaS solutions. Additionally the recent, management commentary by TCS also signals a good traction in the IT sector as a whole, which can be expected to benefit a player like Tech Mahindra. Positive on Tech Mahindra given the strong fundamentals and performance of the company.

Marico : The company is one of India's leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care. Marico’s Q2FY2025 performance was largely in line with expectations, with consolidated revenues growing by 8% YoY to Rs 2,664 cr (India biz volumes grew 5%YoY) and OPM declining marginally by 48 bps YoYto 19.6%, PAT grew by 20% YoY to Rs 433 cr . Marico hiked Parachute prices by 4% in Q2, while Saffola oils saw a price increase of 15%, flow though for both is expected in H2. For Saffola, the company plans to maintain certain level of margin for the oils portfolio and will continue to strongly grow the foods portfolio. The company aims to grow foods at 20-25% CAGR to 2x of FY24 revenues in FY27. The Digital-first portfolio is expected to exit FY25 at an ARR of Rs. 600 crore and scale to 2x of FY24 ARR in FY27. It aims to increase the share of foods and premium personal care portfolios to 25% by FY2027 from 21% in H1FY2025. Š Beardo and Plix are expected to grow to Rs. 500 crore ARR each in next 3years. Beardo is on track to post double-digit EBITDA margin in FY2025. In the international market, Marico aims to maintain the double-digit constant currency growth momentum over the medium term, with focus on 20-25% growth in the non-Bangladesh regions. Going ahead Management expects volume growth to sequentially improve in the quarters ahead. Revenue growth will improve to double digits with pricing growth expected to further improve in H2. Company eyes double-digit growth in FY2025. Positive on Marico given the strong fundamentals and performance of the company.

Stocks Picker Articles

13 Jan 2025 03:36

*Stocks in News*


*Poly Medicure:* Company announced a joint venture with AMPIN C&I Power Private Limited to establish a solar power project in Haryana, India. (Positive)

*Indegene:* CliniOps Announces Strategic Partnership with Company to Accelerate Clinical Trials (Positive)

*Polyplex Corporation:* Company announced a plan to add 52,400 MTPA of BOPET Film manufacturing capacity in India by H1 FY2027-28. This Approx. Rs 558 Cr investment. (Positive)

*NIBE Ltd:* Company received "Mega Project" status for its Shirdi manufacturing facility, to produce aircraft parts, at a revised cost of Rs. 800 crores. (Positive)

*Oberoi Realty:* Appointed as the developer for Bandra Reclamation slum project, securing ~3.2 lakh sq. ft. free sale area. (Positive)

*JSW Energy:* Acquires 125 MW renewable energy assets from Hetero Group for ₹630 crore via JSW Neo Energy. (Positive)

*Biocon:* Malaysia unit gets clearance from the USFDA. (Positive)

*Interarch:* Company gets orders worth ₹221 cr in semiconductor & lithium-ion battery sector, from Tata Projects (Positive)

*NLC India:* Arm NLC India Renewables and Assam Power Distribution Company sign joint venture agreement for development of solar power project in Assam (Positive)

*ICICI Lombard:* Company gets tax relief of ₹174.6 crore (Positive)

*HEG:* TACC Limited, has signed a non-binding MoU with Ceylon Graphene Technologies to advance graphene tech. (Positive)

*Afcom Holdings:* Company has secured a long-term contract with Ethihad for regular cargo flights between Chennai and Male. (Positive)

*Just Dial:* Net profit up 42.7% to ₹131.3 crore. Revenue up 8.4% to ₹287.3 crore. EBITDA margin at 30.1% from 22.7%. (Positive)

*Waaree Energies:* Company to acquire 100% stake in Enel Green Power India from Enel Green Power Development for ₹792 crore. (Positive)

*Oil upstream stocks:* Oil hits four-months high amid a fresh wave of US sanctions against Russia’s energy industry. (Positive)

*SBI Life: December Premium grew by 15 percent YoY (Positive)

*ITC:* Board of ITC Hotels allots 125.11 crore equity shares to shareholders of ITC. (Neutral)

*Sunteck Realty:* Pre-sales in the third quarter up 40% from last year to ₹635 crore. Collections down 23.3% year-on-year to ₹336 crore. (Neutral)

*Everest Industries:* Company announced the resignation of Mr. Pramod Nair as CFO, effective January 10, 2025. (Neutral)

*PCBL:* Net profit at Rs 93.1 cr vs Rs 150 cr , Revenue at Rs 2010 cr vs Rs 1660 cr. (YoY) (Neutral)

*Dhunseri ventures:* Company invested approximately Rs 30 Cr in its wholly-owned subsidiary, Dhunseri poly Films Pvt. Ltd. (Neutral)

*Shree Rama Multi Tech:* Company announced the resignation of its Company Secretary and Compliance Officer, Mr. Sandip A. Mistry (Neutral)

*IIRM Holding:* Company has completed the acquisition of 100% of the paid-up share capital of Sampada Business Solutions Limited. (Neutral)

*ICICI Prudential:* APE for December 2024 at Rs 8.66 Billion, 15.6% (YoY) growth, New Business premium for December up 3.9% (YoY) (Neutral)

*HDFC Life:* Premium growth degrew 4.5% to Rs 2,712 crore in December. (Neutral)

*Indian Overseas Bank:* Bank to Hike Its Lending Rate by 5-10 bps in Some Tenures from Jan 15 2025. (Neutral)

*Sarda Energy:* Company announced that its subsidiary has synchronized its 24.9 MW Rehar Small Hydro Power Project with the grid and commenced trial power production. (Neutral)

*Havells India:* Company announced the record date for determining interim dividend eligibility. The record date is 22nd Jan 2025. (Neutral)

*DMart:* Net profit up 4.8% at ₹723.7 cr vs ₹690.6 cr, Revenue up 17.7% at ₹15,972.6 cr vs ₹13,572.5 cr (YoY) (Neutral)

*Grasim:* A minor process safety incident occurred at our Karwar Plant, Karnataka On January 11, 2025 , affected workers expected to make a full recovery. (Neutral)

Stocks Picker Articles

12 Jan 2025 16:24

These are some stocks which are down almost 50% from 52 week high

1. Vodafone Idea Ltd - 60%
2. Honasa Consumer Ltd - 55%
3. Chennai Petrol - 52%
4. Cochin Shipyard Ltd - 50%
5. Mangalore Refinery - 50%
6. Akums Drugs and Pharm - 50%
7. RBL Bank Ltd - 50%
8. Sterling & Wilson - 47%
9. Aarti Industries Ltd - 47%
10. Hindustan Zinc Ltd - 47%

Stocks Picker Articles

12 Jan 2025 07:27

*Sandesh Ltd* posted 50% higher H1 EPS of Rs.117.2, which may lead to FY25 EPS of Rs.300+.Share trades at a P/E of 5.3x. and BV of Rs.1,795. Invest for the long term.

*Mahanagar Gas* to invest Rs 385 cr. in a global battery co. for a 40% JV stake indicating strong long-term potential.

*PNC Infratech* posted 100% higher H1 EPS of Rs.25.7, which may lead to FY25 EPS of Rs.45+ Share trades at a forward P/E of 6.8x vs. industry average P/E of 39x.

*Tata Technologies and Telechips* signs a strategic MoU to innovate solutions for the nextgen software-defined vehicles. (Positive).

*Money Times Talk is a part of oldest, reputed & very popular financial weekly Money Times publication.*

*Do your due diligence before taking any investment/trading decision.*

Stocks Picker Articles

12 Jan 2025 07:27

*Integra Engineering,* a subsidiary of Integra Holding AG, saw a 53.46% rise in Q2 PAT to Rs.5.31 cr. At Rs.223, it offers value compared to its 52-week high of Rs.328.

The future of *Somi Conveyor Beltings* looks bright due to booming capex in the mining sector *with potential similar to PIX Transmission.*

*IRB Infra* & IRB Trust posted 19% YoY rise in December toll collections to Rs.580 cr. from Rs.488 cr.

*Alpex Solar* to complete Rs.642 cr. project in solar cell aluminium frame modules, EPC, IP and GH2 expansion within 24 months offering significant upside.

*Rishi Laser posts* an EPS of Rs.4.02 in 6 months with impressive ROCE and ROE of 16.9% and 17.5%. At Rs.137, it is attractive compared to its 52-week high of Rs.178.

*Super Crop Safe launches* ‘Super Gold WP +’, a product that helps farmers reduce urea & DAP consumption showing excellent market results & potential for re-rating.

*Sudarshan Pharma Industries* approves the preferential allotment of Rs.188.34 cr. worth of
convertible warrants at Rs.43.80. Watch for potential big gains.

*Integra Engineering’s* new facility and rising demand in railway electrification may drive stock past Rs.328 in the medium term.

*Super Crop Safe’s* bio-fertilizer marketing deal with HTF Tech Services targets Rs.20-25 cr. in FY26 sales, fueling growth.

*Alpa Lab* manufactures for major pharma players like Cipla, Zydus Cadila and Lupin, signaling strong growth potential for FY26.

*Alpex Solar* posted 150% higher H1 PAT of Rs.25 cr., which may lead to FY25 EPS Rs.30, offering attractive upside at a PE of 27x vs. industry average of 101x.

*Rishi Laser* issued equity share warrants at Rs.150 and is now available at Rs.137 due to negative market sentiment. It may offer a 70% return once market conditions stabilize.

*Shri Bajrang Alliance* trades at a PE of 5x. Share price of Rs.208 is well below its 52-week high of Rs.335 with new essential oils products nearing launch.

*GG Automotive Gears* posted 37% higher H1 PAT of Rs.3 cr. with its diverse products likely to surpass the 52-week high of Rs.186.

*Somi Conveyor Beltings* posted 219% higher Q2 PAT of Rs.2.36 cr. and secures Rs.12.42 cr.order driven by a booming mining sector.

*Ashapuri Gold Ornaments* secures repeat gold jewellery orders from Titan, Malabar andSenco Gold. Share at Rs. 8 has potential for multibagger gains.

*Joindre Capital* with a dividend yield of 5% and a P/E multiple of 5x, offers a promising 50% upside.

*ASMS Ltd.,* focused on semiconductors and trades at Rs. 22 with a Mcap of Rs. 600+ cr. It has signed an MOU with Singapore-based PTW Group signifying strong growth prospects.

*Jai Corp* down from Rs. 440 to Rs. 173, holds strategic land in Navi Mumbai and Dighi. A rebound seems likely.

*TARC Ltd.* reported Rs. 1,200 cr. pre-sales last quarter and could follow Anantraj’s valuation trajectory, making it worth tracking.

Defence stocks like *Cochin Shipyard and GRSE,* down 50% from their highs, may gain traction ahead of the Union Budget.

*Moschip Technologies,* down from Rs. 325 to Rs. 200, may attract interest with its planned NSE listing.

*Supreme Power Equipment* secures Rs. 20.07 cr. new orders and Rs. 7.26 cr. via. its 90%-owned Danya Electric Co., raising its order book to Rs. 76.44 cr.

*New Malayalam Steel* secures multiple domestic orders worth Rs. 13.85 cr. in the last seven days for its high-quality galvanized pipes and tubes.

*ROX Hi-Tech secures* a contract with Indocool Composites Pvt. Ltd. to implement GROW with SAP, a cloud-based enterprise management solution.

*Exhicon Events Media Solutions* signs an MoU with the Govt. of Rajasthan to develop Rs.100 cr. multipurpose convention and exhibition center in Jaipur.

*New Malayalam Steel* receives a credit rating upgrade from CARE Ratings for facilities worth Rs. 81.29 cr.

*Kore Digital* acquires 98% stakes in Franken Telecom, Wolter Infratech and KDL Realinfra to optimize resources, enhance engineering and expand telecom infrastructure services.

Stocks Picker Articles

12 Jan 2025 07:26

*MONEY TIMES TALK - 11TH JANUARY 2025*

Although Money Times recommendation have outperformed other media, stock brokers
and research houses, the brief recommendations under Money Times Talk (MTT) cannot display ‘BUY’, ‘SELL’ or ‘HOLD’recommendations.Readers should, therefore, exercise their own judgement and evaluate the future prospects of the stock given its past performance, industry prospects in the backdrop of a growing economy and in consultation with their investment adviser.

*Alert:* The recent market correction stems from overvalued stocks with many prices rigged despite weak fundamentals. *Money Times consistently advises against investing in overvalued SMEs or unknown companies.* As per market veterans, only disciplined and informed investors succeed—take proper advice as markets can test your patience
before rewarding.

*As per market grapevine,* a 10% correction occurs yearly, 20% every 1-2 years and 50% once or twice a decade in equity investing. If volatility causes anxiety, equity may not suit your investment journey. *“Fortunes are made in the ashes of fear – wise investors know that bear markets sow the seed of the greatest grains”*

*Correction is Healthy:* The recent correction was essential to prevent the Indian market from entering a dangerous bubble, reminiscent of Japan in the1990s where an unchecked bubble caused decades of stagnation. Without this correction, a bigger bubble could have caused long-term damage to the markets. High valuations make finding value stocks difficult impacting future returns. Now, post-correction, opportunities for potential multi-baggers have emerged. Wealth is built by patiently adding value stocks in phases
during bear markets not in bull runs. *Use this correction as a foundation for future wealth generation.*

*As per market grapevine,* the mid-cap and small cap downtrend persists eroding 25-70% of portfolios with good and bad stocks falling alike. Bold govt. actions and a growthoriented Budget are crucial to revive market sentiment and *contain redemption pressures in MFs.*

*FII Selling Pressure:* FIIs have sold over Rs.2 lakh cr. from the Nifty peak on 27th Sept. As per banker, *Uday Kotak,* strong US job data, 4.1% unemployment and 4.77% US bond yields
affect equity appeal. FII selling may continue unless the Budget is growth-focused and investor-friendly.

*Very important events in next 30 days:* Q3 results conclude by 16th Feb. Key events include Trump taking charge on 20th Jan, US Fed policy on 28th-29th Jan, Budget on 1st Feb, Delhi Elections on 5th Feb, RBI Policy on 7th Feb and Delhi Results on 8th Feb. Wild sector and stock-specific volatility is expected over the next 30 days.

*As per market grapevine,* the Nifty is bullish above 23000 but the markets will stay choppy due to key factors like Trump’s presidency in January may shift US reliance from China to India impacting tariffs and imports. In February, a coalition-driven Budget may shift focus to welfare and the middle class. In March, DIIs and HNIs may sell for tax planning ahead of end FY25.

*Valuation Outlook:* Indian markets face valuation pressure as GDP growth slows to a 7-quarter low. Q3FY25 earnings may lag Q3FY24 pushing valuations higher. FIIs are pulling out funds as other economies offer better growth and valuations.

*Why are FIIs leaving the Indian market Explanation:* FIIs are exiting the Indian market due to a safe return of 8.5% in the US (5.5% bond yield + 3% USD appreciation) compared to the high valuations in India. They may return only if US bond yields drop to 1-2% or Indian
markets promise 15-20% annual returns.

*The bull market can make you feel invincible with stocks rising and net worth soaring.* But when reality hits and your once-thriving investments start tumbling, regrets follow: "Why didn’t I book profits at the peak?" The cycle repeats—heartbreak followed by a return to the market's next bull phase.

Stocks Picker Articles

11 Jan 2025 13:12

ITC : ITC HOTEL ( ITCHL ) Board, on 11th January 2025, allotted 125.12 crore equity shares of ₹1 each to shareholders as of 6th January 2025 under a Scheme of Arrangement with ITC Ltd.

ITCHL is no longer an ITC subsidiary effective immediately.

ITCHL will apply for listing its shares, which will remain frozen until stock exchange approval.

Stocks Picker Articles

17 Jan 2025 03:52

Stocks In Action

L&T Technology Services : L&T Technology Services is a leading global pure-play engineering research and development (ER&D) services company. ER&D services are a set of services provided to Manufacturing, Industrial products, Medical Devices Technology, Telecom and Hitech, Process Engineering companies to help them develop and build products, processes and infrastructure required to deliver products and services to their end customers. The company reported strong quarterly performance for Q3FY25 with topline coming at Rs 2650 cr, up 23% YoY . Segment-wise, Tech grew by 9.8% QoQ, Sustainability grew by 3.1% QoQ while Mobility declined by 7.1% QoQ. EBIT margin improved by 83bps QoQ to 15.9%, led by lower SG&A (down 5% QoQ). Deal booking remained strong during the quarter. LTTS booked one US$50mn, two US$35mn, two US$25mn and three US$10mn TCV deals. The no. of active clients increased to 378, up by 5% QoQ. Headcount decreased by 233 QoQ to 23,465 employees while attrition was up by 10bps QoQ to 14.4%. Management has reaffirmed the medium term plan of US$2bn revenue and EBIT margin of 17-18%. It also gave a 10% revenue growth guidance for FY25, including contribution from Intelliswift . Positive on L&T Technological Services given the strong fundamentals and performance of the company.

Sterling Wilson Renewable Energy Ltd : The Company is a global pure-play, end-to-end solar engineering, procurement and construction (EPC) solutions provider, and was the world's largest solar EPC solutions provider. The Company provides EPC services primarily for utility-scale solar power projects with a focus on project design and engineering and manage all aspects of project execution from conceptualizing to commissioning. The company reported phenomenal results for the quarter ended Q3FY25 with topline growing by 175% YoY to Rs 1,487.29 cr. Net profit stood at Rs 77.47 crore growing 1131% YoY. EBITDA stood at Rs 75.28 cr growing by 750% YoY. Positive on Sterling Wilson Renewable Energy Ltd given the strong fundamentals and performance of the company.

Stocks Picker Articles

17 Jan 2025 03:23

*IRCTC:* Company appoints Sudhir Kumar as Chief Financial Officer of the company w.e.f. January 16, 2025 (Neutral)

*PFC:* PFC Consulting transfers two of its arms to Power Grid & GR Infraprojects. (Neutral)

*LTImindtree:* Net profit at Rs 1085 cr vs Rs 1251 cr, Revenue at Rs 9661 cr vs Rs 9436 cr. (QoQ). (Negative)

Stocks Picker Articles

14 Jan 2025 04:48

*Corporate Actions*

Quadrant Future Tek is set to make stock market debut today, January 14. The issue price is fixed at Rs. 290 per share.

Anand Rathi Wealth has approved Bonus Shares in ratio of 1:1 i.e. 1new Equity Shares for every 1 existing Equity Shares held, subject to shareholders approval through postal ballot and any other applicable regulatory and statutory approvals.

Mangalam Global Enterprise has approved Sub-division / Split of existing 1 Equity Share of face value of Rs. 2/- each, into 2 Equity Share of face value of Rs. 1 each, subject to the approval of the shareholders of the Company, through Postal Ballot and regulatory/statutory approvals as may be required.

*Dividend*

*17-Jan-25*
TCS: Interim Dividend - Rs. - 76.00
VKAL: Interim Dividend - Rs. - 0.10

*21-Jan-25*
ANGELONE: Interim Dividend

*IPO*
Laxmi Dental: Open: 13-Jan-25; Close: 15-Jan-25

*Buyback*
---

*Bonus*
Kitex Garments: Bonus Issue 2:1; Ex-Date: 17-Jan-25
Mayukh Dealtrade: Bonus Issue 3:5; Ex-Date: 17-Jan-25
B. N. Rathi Securities: Bonus Issue 1:1; Ex-Date: 24-Jan-25

*Stock Split*
Regis Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 16-Jan-25
Jai Balaji Industries: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 17-Jan-25
Arunjyoti Bio Ventures: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 17-Jan-25
Nava: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 20-Jan-25
B. N. Rathi Securities: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 24-Jan-25

*Right Issue*
GTT Data Solutions: Ex-Date: 14-Jan-25
California Software: Ex-Date: 15-Jan-25
Quasar India: Open: 20-Dec-24; Close: 17-Jan-25
Sikko Industries: Open: 23-Dec-24; Close: 21-Jan-25
Pro Fin Capital Services: Open: 09-Jan-25; Close: 24-Jan-24
Camlin Fine Sciences: Open: 17-Jan-25; Close: 27-Jan-24
Dhanlaxmi Bank: Open: 08-Jan-25; Close: 28-Jan-24
California Software: Open: 24-Jan-25; Close: 31-Jan-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24

*Open Offer*
India Cements: Open: 08-Jan-25; Close: 21-Jan-24
Prataap Snacks: Open: 16-Jan-25; Close: 29-Jan-24

Stocks Picker Articles

14 Jan 2025 02:55

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Mutual funds raise Rs 1.18 trn via NFOs in 2024; thematic funds lead
📝 J&J to acquire drugmaker Intra-Cellular Therapies for $14.6 billion
📝 China's exports grew 10.7% in Dec amid uncertainty over trade tariffs
📝 Bank of India seeks its first dollar loan of $400 million in over a decade
📝 Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO
📝 Okaya EV plans market expansion, to launch 4 electric two-wheelers in 2025
📝 JVC re-enters Indian TV market through licence pact with Super Plastronics
📝 Groww in talks to launch IPO, looks to raise $700 mn for $7-8 bn valuation
📝 India ranks 3rd in global fintech funding despite 33% drop in 2024: Report
📝 Finished steel imports hit six-year high in April-December, up 20% YoY
📝 TSMC fourth quarter net profit likely to jump 58% on strong AI chip demand
📝 BEL secures orders worth Rs 561 crore, total FY25 orders reach Rs 10,362 cr
📝 Smartphone exports set to hit $20 billion in FY25, driven by surge in iPhone sales

*Economic Times*

📝 Growing complexity widening cyber inequity: WEF report
📝 Lenovo to double local production in India, aiming for over 12 mn units in FY25
📝 Travel firm Joy n Crew hires CEO and chief service delivery officer from Cox & Kings
📝 Optimistic about higher agri growth in FY25 on good monsoon: Principal secy to PM
📝 NBCC bags Rs 3,500 cr work order in Lucknow to undertake mixed use development
📝 Aragen secures $100 mn funding from Quadria Capital
📝 India will face over USD 14.6 bn in additional duties, if US imposes 20 per cent tariff: BCG Report
📝 WeWork India raises Rs 500 crore via rights issue
📝 GSK to buy US biotech firm IDRx for up to $1.15 billion
📝 NBFCs' loan growth to ease to 17% in FY25 from 21% in FY24: Jefferies
📝 Bank of India seeks its first dollar loan in more than a decade
📝 EcoBox Industrial Parks acquires 50 acres in Chennai for 1.2 million sq ft development

*Mint*

📝 India’s retail inflation eases to four-month low of 5.22% in December
📝 Steady GDP growth, likely rate cuts in 2025 to support credit access of corporates in FY26: Fitch
📝 Ingram Micro appoints Sanjib Sahoo as president of Global Platform Group
📝 Reduce customs duty slabs to 5; simplify structure to boost mfg, exports:GTRI to Govt
📝 Base metal miners likely to outshine steel companies in a mixed Q3
📝 Land deals rise in 2024 to over 2,200 acres, mainly for housing, warehousing projects: CBRE
📝 FPIs on selling spree: ₹22,000 crore withdrawn from Indian equities in Jan
📝 AI and GenAI are transforming robotics: ABB robotics global head
📝 Trademark dispute: HC rejects plea to restrain Mahindra from selling its eZEO EV
📝 PAG invests $200 million in Pravesha Industries for a majority stake
📝 Global investors ready to pay for better ESG footprint assets: A&M’s Aversano

Stocks Picker Articles

13 Jan 2025 13:16

Fund Flow Activity:
13 January 2025 (Rs. In Crs.)

Turnover: (NSE + BSE)

Cash Volume: 105027.76 + 7053.55 Total: 112081.31
F&O Volume: 12516903.11 + 9245306.26 Total: 21762209.37

Provisional Cash

FII/FPI: NET SELL: -4892.84
(10978.18 - 15871.02)

DII: NET BUY: +8066.07
(20133.51 - 12067.44)

Stocks Picker Articles

13 Jan 2025 12:09

These are 14 stocks recommended by Dam capital

1. Glenmark Pharma
2. M&M Financial
3. Strides Arcolabs
4. Greenlam
5. JSPL
6. Sharda Crop
7. Entero Health
8. Radico Khaitan
9. RK Forgings
10. PCBL
11. TVS Motors
12.Home First Finance
13.PNB Housing
14.Chola Investments.

Stocks Picker Articles

13 Jan 2025 04:47

*Forthcoming Event*

13th January: ANGELONE, HCLTECH to consider Dividend; Aarvee Denims & Exports, Interactive Financial Services, Mafia Trends, Swagtam Trading & Services, Vrundavan Plantation, Zee Media Corporation to consider Fund Raising; Mangalam Global Enterprise to consider Stock Split; Anand Rathi Wealth to consider Bonus issue; Checkpoint Trends to consider Reduction of Capital

14th January: Eco Hotels & Resorts, Logica Infoway, OK Play India, Sayaji Hotels to consider Fund Raising

15th January: Shalimar Agencies to consider Stock Split; Oasis Securities to consider Stock Split & Fund Raising; Aditya Birla Fashion and Retail, Jagsonpal Finance & Leasing, Madhya Bharat Agro Products to consider Fund Raising;

16th January: BEPL, HAVELLS to consider Dividend; Julien Agro Infratech to consider Dividend & Fund Raising; Abhishek Finlease to consider Fund Raising; Optimus Finance to consider Stock Split; Elitecon International to consider Stock Split & Fund Raising

17th January: WIPRO to consider Dividend; Pradhin to consider Dividend, Bonus issue & Stock Split

18th January: Gujarat Cotex, Kotak Mahindra Bank to consider Fund Raising

21st January: KEI, TANLA to consider Dividend

22nd January: ACCELYA, COFORGE, PERSISTENT, ZENSARTECH to consider Dividend

23rd January: SONACOMS to consider Dividend

24th January: GODREJCP, GOTHIPL to consider Dividend

27th January: EMAMILTD, MANBA to consider Dividend

29th January: CAMS to consider Dividend

30th January: CONCOR, SHREECEM to consider Dividend

Stocks Picker Articles

13 Jan 2025 04:01

*Fund Houses Recommendations*


HSBC on *Hyundai:* Initiate Buy on Company, target price at Rs 2200/Sh (Positive)

CLSA on *Hyundai:* Maintain Outperform on Company, target price at Rs 2155/Sh (Positive)

Macquarie on *ICICI Lombard:* Upgraded to Buy on Company, raise target price at Rs 2258/Sh (Positive)

Macquarie on *LIC:* Upgraded to Buy on Company, target price at Rs 1215/Sh (Positive)

MS on *AB Capital:* Upgraded to Overweight on Company, target price at Rs 247/Sh (Positive)

MOSL on *Shriram Fin:* Maintain Buy on Company, target price at Rs 700/Sh (Positive)

BofA on *Biocon:* Maintain Buy on Company, raise target price at Rs 435/Sh (Positive)

Macquarie on *Asian Paints:* Maintain Outperform on Company, target price at Rs 2650/Sh (Positive)

Macquarie on *Paints:* Adjusts EPS estimates; prefers *Asian Paints* (Outperform) over *Kansai Nerolac* (Neutral), sees limited impact from Grasim's entry (Neutral)

Bernstein on *DMart:* Maintain Neutral on Company, target price at Rs 5800/Sh (Neutral)

JP Morgan on *DMart:* Maintain Overweight on Company, target price at Rs 4150/Sh (Neutral)

MOSL on *DMart:* Maintain Neutral on Company, cut target price at Rs 4450/Sh (Neutral)

Macquarie on *PB Fintech:* Downgrade to Neutral on Company, raise target price at Rs 1530/Sh (Neutral)

GS on *BSE:* Maintain Neutral on Company, target price at Rs 5060/Sh (Neutral)

Macquarie on *Kansai Nerolac:* Maintain Neutral on Company, target price at Rs 255/Sh (Neutral)

Macquarie on *Berger Paints:* Maintain Underperform on Company, target price at Rs 400/Sh (Neutral)

Macquarie on *Pidilite:* Maintain Underperform on Company, target price at Rs 2600/Sh (Neutral)

Nuvama on *CESC:* Maintain Neutral on Company, target price at Rs 190/Sh (Neutral)

Nuvama on *DMART:* Maintain Neutral on Company, cut target price at Rs 4212/Sh (Negative)

ICICI on *DMART:* Maintain Reduce on Company, cut target price at Rs 3300/Sh (Negative)

Stocks Picker Articles

13 Jan 2025 03:36

*Adani Wilmar:* Adani Commodities to exercise oversubscription of the OFS for another 1.51% stake. OFS to open for retail investors on Monday. (Neutral)

*Vodafone Idea:* Vodafone sells entire stake in Indus towers for Rs 2,800 crore, clears Rs 890 crore debt. (Neutral)

*Infosys:* Company accuses Cognizant of anti-competitive practices and poaching key talent. (Neutral)

*LIC:* December premium down 41% (YoY), 9MFY25 premium up 7% (YoY) (Negative)

*Banking Sector:* Business momentum as on 27th Dec’24 – Deposit growth in single digits; lowest in 46 fortnights (Negative)

Stocks Picker Articles

12 Jan 2025 18:22

Results this week

12th Jan

Anand Rathi Wealth
Angel One
DELTA CORP
Den Networks
HCL TECHNOLOGIES
Himadri Speciality Chemical
LOTUS CHOCOLATE CO
MARATHON NEXTGEN REALTY
URJA GLOBAL

14th Jan

BENARES HOTELS
Hathway Cable & Datacom
HDFC AMC
NETWORK18 MEDIA & INVESTMENTS
SHOPPERS STOP

15th Jan

Aeroflex Industries
Authum Investment & Infrastructure
CEAT
HDFC Life Insurance Co
L&T Technology Services
BANK OF MAHARASHTRA
MAHARASHTRA SCOOTERS
NELCO
ORACLE FINANCIAL SERVICES SOFTWARE
ORIENTAL HOTELS
PUNJAB & SIND BANK
RELIANCE INDUSTRIAL INFRASTRUCTURE
Transrail Lighting

16th Jan

ALOK INDUSTRIES
AXIS BANK
BHANSALI ENGINEERING POLYMERS
D B Corp
HATSUN AGRO PRODUCT
HAVELLS INDIA
INFOSYS
KESORAM INDUSTRIES
KHAITAN CHEMICALS & FERTILIZERS
LTIMindtree
MASTEK
Metro Brands
NATIONAL STANDARD (INDIA)
PLASTIBLENDS INDIA
Radhika Jeweltech
RELIANCE INDUSTRIES
Spencers Retail
Sterling and Wilson Renewable Energy

17th Jan

5paisa Capital
Aether Industries
AMAL
Concord Enviro Systems
GANESH HOUSING CORP
ICICI Lombard General Insurance Co
INDIAN HOTELS CO
Jio Financial Services
RAJOO ENGINEERS
RALLIS INDIA
RAMKRISHNA FORGINGS
SBI Life Insurance Co
SESHASAYEE PAPER & BOARDS
SG Finserve
SUPREME PETROCHEM
STEEL STRIPS WHEELS
STERLITE TECH
SWARAJ ENGINES
TECH MAHINDRA
VINYL CHEMICALS (INDIA)
WIPRO

Stocks Picker Articles

12 Jan 2025 13:03

Interarch Building Products Ltd. Wins Two Major Projects

TATA Semiconductor Facility: Contract for a manufacturing unit in Jagiroad, Assam, supporting India's semiconductor growth.

Agratas Energy Storage: Construction of India's largest lithium-ion battery plant in Sanand, Gujarat, boosting sustainable energy.

This is Interarch's second lithium-ion battery manufacturing order, after EXIDE ENERGY SOLUTIONS.

Stocks Picker Articles

12 Jan 2025 07:27

*Captain Technocast* strengthens its capital base by Rs. 8.4 cr. on conversion of warrants to 1,400,000 equity shares.

*ROX Hi-Tech* appoints John Bright as Executive Vice President to drive global growth, leveraging his 28 years of experience in client delivery, strategic alliances & digital marketing.

*Emerald Finance* posts a robust 109% YoY growth in consolidated Q3FY25 NP of Rs. 2.48 cr.

*UniHealth Hospitals* to open its first multi-specialty hospital in Navi Mumbai by April 2025 with advanced healthcare services and plans expansion across western India.

*Slone Infosystems* secures an order for 5,000 Lenovo V14 i5 (NBLN V14 G3 IAP I5 8G 512G)worth Rs. 14.50 cr. plus GST.

*AB Cotspin India* bags 500 MT order worth Rs. 14.8 cr. for cotton yarn expanding its ecofriendly product range.

*Kore Digital* declares a record date for its 2:1 bonus issue.

*Medicamen Organics* raised Rs. 3 cr. through the preferential allotment of 4,65,910 convertible warrants to the promoter group, strengthening its working capital.

*Emerald Finance* partners with Torque Insurance Brokers Pvt. Ltd. to offer an early-wageaccess program.

*New Malayalam Steel* secures an order for supplying a total of 1,500 MT of Demac GP Pipes and Tubes worth Rs. 10.59 cr. inclusive of GST.

*Kore Digital’s* shareholders approve to raise the authorized share capital to Rs. 12.5 cr.,comprising 1,25,00,000 equity shares of Rs. 10 each.

*AVG Logistics* allots 1,95,000 equity shares of Rs. 10 each on conversion of warrants to a promoter, raising Rs. 3.26 cr. at Rs. 166.95/warrant.

*Vakrangee* and Bank of Baroda renew their pan-India agreement to provide BC banking and financial inclusion services via Vakrangee Kendra outlets.

*Bartronics India* partners with Singapore’s PTW Group to drive semiconductor innovation, a key step toward India’s goal of becoming a global semiconductor hub.

*Paisalo Digital* has facilitated transactions worth over Rs.3,400 cr., serving 59 lakh customers in two years, driving financial inclusion.

*Blue Cloud Softech Solutions* secures an order from Discovery Oaks Public School for its AIOT edutech products, Edugenie and Emotifics.

*Sudarshan Pharma Industries* board approves a fundraise of up to Rs.188 cr., with FPIs and promoters among the allottees.

*KEC International* wins orders worth Rs 1,136 cr. raising its total order book to Rs.20,600 cr.

*Beekay Steel* posted H1 EPS of Rs. 33.3, which may lead to FY25 EPS of Rs.75. Share trades at a forward P/E multiple of 8.9x against the industry average P/E multiple of 25x.

*IIFL Capital* posted 111% higher H1 EPS of Rs.12.6, which may lead to FY25 EPS of Rs.28. Share trades at a forward P/E of 12.1x as against the industry average P/E of 21.7x.

Zero-debt *Just Dial* posted 90% higher H1 EPS of Rs.34.7, which may lead to FY25 EPS of Rs.75+ with cash and investments of Rs.4,940 cr. Long-term prospects appear bright.

*Styrenix Performance* post-acquisition of INEOS Styrolution Thailand posted H1 EPS of Rs.74.7, which may lead to FY25 EPS of Rs.140+. Share holds great potential.

*City Union Bank* posted 17% higher H1 EPS of Rs.7.4, which may lead to FY25 EPS of Rs.16.5 with a decline in Net NPA to 1.62% from 1.87% QoQ and 2.34% YoY.

Cash-rich *LIC Housing Finance* posted H1 EPS of Rs.47.9, which may lead to FY25 EPS of Rs.95 with a P/B of 0.85x, making it the cheapest in the housing sector.

Debt-free *IST Ltd* posted 44% higher H1 EPS of Rs.85.6, which may lead to FY25 EPS of Rs.150+. Share trades at a P/E of 6.3x vs. industry average P/E of 40.5x. A strong bonus
candidate.

Cash-rich *Natco Pharma* posted 70% higher H1 EPS of Rs.75.1, which may lead to FY25 EPS of Rs.130+. Share trades at a forward P/E of 11x vs. industry average P/E of 34x.

*Agarwal Industrial Corp.* posted 32% higher H1 EPS of Rs.38.4, which may lead to FY25 EPS of Rs.85+ and repaid debts of Rs.61 cr. It trades at a P/E of 14.3x vs. industry average P/E of 22x.

*Bank of India* posted 27% higher H1 EPS of Rs.9.5, which may lead to FY25 EPS of Rs.21 from Rs.15.5 in FY24.

Stocks Picker Articles

12 Jan 2025 07:26

*Remember to book profits next time, as the market forgives, but never forgets.*

*Alert:* The Rs.26,000 cr. gross SIP numbers are attractive. But with an 88% SIP stoppage ratio as of last month, which is concerning. Time the MF industry reduces emphasis on
gross SIPs that creates a fall sense of optimism, which is very different from the ground
reality. *Without strong govt. measures in the Budget to address bearish market sentiment, more SIPs may close and redemption pressure could rise.*

*As per astrology view,* some important turning dates are 14, 16, 20 & 24th January 2025. *A pre-budget rally may begin any time after 14th January 2025.*

In 13th January MTTs, *Anantraj* given at Rs.319 touched Rs.948 - a gain of 197% & still at Rs.885 looks very good.

In 21st January MTTs, *Vakrangee* given at Rs23 touched Rs.38.20 - a gain of 72% in highly bearish market sentiment.

In 10th February MTTs, *Univastu* given at Rs.134 touched Rs.300 - a gain of 124% & now at Rs.284 still looks very good.

In 2nd March MTTs, *Indraprastha Medical* given at Rs.185 touched Rs.572 - a gain of 209% in highly bearish market sentiment.

In 1st June MTTs, *Anantraj* given at Rs.385 touched Rs.948 - a gain of 146% in highly bearish market sentiment & now at Rs.885 still looks good.

In 13th July MTTs, *Deep Inds.,* given at Rs.318 touched Rs.624 - a gain of 96%, *Super Crop Safe* given at Rs.12.60 touched Rs.26.40 - a gain of 110% & now at Rs.24 still looks very good.

In 21st Sep MTTs, *Super Crop Safe* given at Rs.16 touched Rs.26.40 - a gain of 65% & still at Rs.24 looks very good.

In 28th September MTTs, *PG Foils* given at Rs.219 touched Rs.277 & *Vakrangee* given at
Rs.31.54 touched Rs.38.20 in highly bearish market sentiment.

In 26th October MTTs, *Amal Ltd* given at Rs.377 touched Rs.509 during the week in highly bearish market sentiment.

In 16th November MTTs, *Somiconvey* given at Rs.161 touched Rs.228, a gain of 42% & now at
Rs.205 looks very good.

In 7th December MTTs, *Anantraj* given at Rs.740 touched Rs.948 & now at Rs.885 looks very good, *Somiconvey* given at Rs.172 touched Rs.228 & now at Rs.205 looks very good.

In 21st December MTTs, *ABM Knowledgeware* given at Rs.129 touched Rs.228 - a superb gain of 77, *Artefact Projects* given at Rs.75 touched Rs.89, *NSE SME Committed Cargo*
given at Rs.113 touched Rs.157 - a gain of 39%, *Vakrangee* given at Rs.33 touched Rs.38.20 in highly bearish market sentiment.

In 28th MTTs, December *ABM Knowledgeware* given at Rs.128 touched Rs.228 - a bumper gain of 78%, *Artefact projects* given at Rs.75 touched Rs.89, *Lords Chlore Alkali* given at Rs.170 touched Rs.215 - a gain of 26%, *Somi Conveyor Beltings* given at Rs.212 touched Rs.218 & now at Rs.205 looks very good, *ABM Knowledgeware* given at Rs.128 touched Rs.228 - a bumper gain of 78% in a highly negative market sentiments during the week.

Last week in 4th January MTTs, *Somi Conveyor Beltings* given at Rs.208 touched Rs.216 &
now at Rs.205, *Vakrangee* given at Rs.36 touched Rs.38.20 during the week in highly bearish market sentiment.

Debt free *Alpa Laboratories* posted 45% higher H1 PAT of Rs.12.77, which may lead to FY25 EPS of Rs.14. Share trades at a PE of just 12x vs. industry average PE of 38x. It offers over 70% long-term potential with an 81.7% CAGR in profits over five years.

As per market grapevine, *investors may focus on Alpa Laboratories, GGAuto, Integra Engineering, Alpex Solar, Rishi Laser, Simmond Marshal, Shri Bajrang Alliance, Somi Conveyor Beltings, and Super Crop Safe* for decent short-to-medium-term gains. Staying disciplined and refining your strategy can maximize wins while minimizing losses.

On 10th January, *Somi Conveyor Beltings* showed a bullish breakout in weak market sentiment and may trade between Rs.250-277 if it surpasses its 52-week high of Rs.236.

*Simmond Marshall* posted 368% higher H1 PAT of Rs.4.73 cr., with reserves of Rs.33.66 cr. and a low equity base of Rs.2.24 cr. At Rs.131, it is attractive vs. a 52-week high of Rs.187.

Stocks Picker Articles

11 Jan 2025 16:15

📈 DMart Delivers Strong Q3 FY25 Results!
🔹Revenue up 17.5% YoY to ₹15,565 crore.
🔹PAT rises 6.5% YoY to ₹785 crore.
🔹10 new stores added in Q3, 22 in 9MFY25.

📊 9M FY25 Performance:
👉🏻Revenue: ₹43,327 crore (+16.7% YoY).
👉🏻PAT: ₹2,307 crore (+10.4% YoY).
👉🏻EBITDA growth: 12.7%.

🌟 Leadership Update: CEO Neville Noronha to step down in Jan 2026. Anshul Asawa named #CEO Designate (effective March 2025)

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11 Jan 2025 13:11

Waaree Energies: Company to acquire 100% of Enel Green Power India ( EPIPL) for up to INR 792 crores.

EGPIPL, a major renewable energy player, owns solar and wind projects in India, including 640 MWAC operational capacity and a development portfolio.

The acquisition will diversify revenue streams, enhance execution capabilities for wind projects, and facilitate expedited growth of Waaree’s IPP business.

EGPIPL TURNOVER

FY24: INR 112 cr*
FY23: INR 266 cr*
FY22: INR 129 cr