Stocks Picker Articles

21 Jan 2025 14:30

IndiaMART Q3 Result

Net Profit Up 47.6% At ₹121 Cr Vs ₹82 Cr (YoY)

Revenue Up 16% At ₹354.3 Cr Vs ₹305.3 Cr (YoY)

EBITDA Up 61.4% At ₹138.3 Cr Vs₹85.7 Cr (YoY)

EBITDA Margin At 39% Vs 28.1% (YoY)

Stocks Picker Articles

21 Jan 2025 03:49

*Stocks in News*

*Venus Remedies:* Company renews its European Good Manufacturing Practices certification from Infarmed (Positive)

*MCX:* Q3FY24-25 Operating Revenue: Rs. 301.38 Cr, PAT: Rs. 160.04 Cr, Total Revenue: Rs. 324.36 Cr, EBITDA: Rs. 216.10 Cr. (Positive)

*Oberoi Realty:* Net profit at Rs 618.4 cr vs Rs 360.2 cr, Revenue at Rs. 1411 cr vs Rs 1053.7 cr.(YoY) (Positive)

*AGI Greenpac:* Net profit at Rs 91 cr vs Rs 67 cr, Revenue at Rs. 658 cr vs Rs 622 cr.(YoY) (Positive)

*Tata Consultancy Services:* Company opens new delivery centre in france to drive ai-powered transformation for the aerospace and defence industries (Positive)

*Waaree Energies Ltd:* Company secure 180MWp solar module solar module supply order. (Positive)

*Dixon Technology:* Net profit at Rs 216.2 cr vs Rs 97 cr , Revenue at Rs. 10535 cr vs Rs 4817.3 cr.(YoY) (Positive)

*Sunteck Realty:* Net profit at Rs 42.52 cr vs Rs -9.7 cr, Revenue at Rs. 162 cr vs Rs 42.4 cr.(YoY) (Positive)

*Landmark:* Company receives LoI from JSW-MG Motor India to open new MG Select dealerships in Ahmedabad & Kolkata (Positive)

*Sharika Ent:* Company secured a contract from Powergrid Energy Services Ltd. valued at Rs. 5.74 Crores. (Positive)

*Easy Trip Planners:* Company and Penang Convention & Exhibition bureau join hands to promote tourism. (Neutral)

*Delta Autocorp Ltd:* Company unveiled its electric motorcycle prototype, Superion, boasting a top speed of 90-100 km/h and a 120 km range. The bike features an ergonomic design, HTGS trellis chassis, and exceptional acceleration. (Neutral)

*Pritika Engineering Components Ltd:* Company announced a record date of February 14, 2025, for a stock split. Each Rs.10 share will be subdivided into two Rs.5 shares. (Neutral)

*Kiran Vyapar Ltd:* Company completed a US$1,145,000 investment in Peepul Tree CapitalPte.Ltd. (Neutral)

*Ltimindtree Ltd:* Company announcement centers on the resignation of Mr. Sudhir Chaturvedi, Wholetime Director & President Markets, effective January 27, 2025 (Neutral)

*Sagar Systech Ltd:* Company announced the resignation of its Company Secretary and Compliance Officer, Ms. Tejal Chheda, effective January 20, 2025 (Neutral)

*Raghav Productivity Enhancers:* Net profit at Rs 10 cr vs Rs 6 cr, Revenue at Rs. 63 cr vs Rs 35 cr.(YoY) (Neutral)

*Vodafone Idea:* Company issues clarification on news article Govt weighs over 1 TRLN rupees AGR dues waiver company says did not get any communication from Govt. (Negative)

*L&T Fin:* Net Profit down, ₹626.4 Cr Vs ₹640 Cr (YoY), Gross NPA Ratio at 3.23% vs 3.19% (QoQ) (Negative)

*Cipla:* US FDA Issues Form 483 With 1 Observation For Manufacturing Facility Of Medispray Laboratories, Goa (Negative)

Stocks Picker Articles

21 Jan 2025 03:40

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Agriculture ministry launches first-ever edible oil consumption survey
📝 Hyderabad's real estate sees robust growth in 2024 despite year-end dip
📝 India's cosmetic surgery market set to hit $11.5 billion by 2030
📝 Billionaire wealth soars three times faster by $2 trillion in 2024: Oxfam
📝 China's BYD to complete $1 billion Indonesia plant by year-end: Report
📝 EV sales must reach 50% by 2030 to achieve net zero goal: Bhupender Yadav
📝 Urja Mobility launches B2C battery leasing programme in 10 cities
📝 Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments
📝 Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal
📝 Groww picks JPMorgan for IPO to raise $750 mn, may seek $7 bn valuation
📝 NMDC to extract diamonds worth $3.4 mn from mine near tiger reserve in MP

*Economic Times*

📝 Govt allows export of 1 million tons sugar in ongoing 2024-25 season
📝 Sellwin Traders signs $3 million MoU with UAE firm, posts 90% jump in Q3 income
📝 Waaree Energies bags order to supply 180 MWp solar modules
📝 India’s Greenko founders to raise $800 million to buy Orix stake
📝 TVS King EV MAX, a connected electric three-wheeler, launched at ₹2,95,000
📝 Newgen Software Technologies Q3 Results: Profit rises 31% to Rs 89 crore
📝 NTPC arm starts partial commercial operations of 200 MW-solar project in Gujarat
📝 Fitch upgrades Vedanta Resources' ratings with stable outlook
📝 Centre to launch National Critical Mineral Mission to boost production: Union minister
📝 Jupiter Hospital to invest Rs 400 crore to set up new hospital in Ghodbunder-Mira Road
📝 Siemens gets Rs 210-cr rail line electrification order from IRCON
📝 Zomato braces for a bumpy ride as food delivery demand slows

*Mint*

📝 Govt picks 24 cos for ₹3,516-cr investment in round 3 of white goods PLI scheme
📝 LIC trims stake in National Fertilizers, sells over 2% stake
📝 Tata Motors to start pilot proj with hydrogen internal combustion engine trucks in March qtr
📝 Settlement with borrowers only after exhausting all options, RBI to ARCs
📝 IOB Q3 Results: Net profit jumps 21% YoY to ₹873 cr, NII up 16% to ₹2,789 cr
📝 Bharti Airtel, Bajaj Finance launch digital financial platform for wider reach
📝 NCLT orders the liquidation of Go First
📝 IDBI Bank Q3 result: Profit jumps 31% YoY; provisions, net NPA drops
📝 Venus Remedies renews its European Good Manufacturing Practices certification from Infarmed
📝 Q3 throws focus on deal cycle, tenure for India's biggest IT service providers
📝 IDFC FIRST Bank launches FD-backed RuPay Credit Card for the first time users

Stocks Picker Articles

21 Jan 2025 03:39

*Q3FY25 EARNING CALENDAR 21.01.2025*

ABREL, CYIENTDLM, DALBHARAT, EIMCOELECO,*ICICIPRULI*, *INDIACEM, *INDIAMART*, INDOCO, JSFB, KEI, MANORAMA, *PNBHOUSING*, ROSSARI, SOUTHBANK, TANLA, *TATATECH*, UCOBANK

*ICICIPRULI* YoY
* APE expected at Rs 2469 crore versus Rs 1908 crore
* EBIT expected to be seen at Rs 324 crore versus Rs 183 crore
* EBIT margin expected to be seen at 5.03% versus 1.85%
* Net profit expected to be seen at Rs 351 crore versus Rs 226 crore

*INDIAMART* YoY
* Revenue expected at Rs 353 crore versus Rs 305 crore
* EBITDA expected to be seen at Rs 133 crore versus Rs 85 crore
* EBITDA margin expected to be seen at 37.68% versus 28.07%
* Net profit expected to be seen at Rs 137 crore versus Rs 82 crore

*PNBHOUSING* QoQ
* NII expected at Rs 688 crore versus Rs 661 crore
* EBIT expected to be seen at Rs 582 crore versus Rs 559 crore
* EBIT margin expected to be seen at 74.52% versus 73.46%
* Net profit expected to be seen at Rs 482 crore versus Rs 469 crore

*TATATECH* QoQ
* Revenue expected at Rs 1310 crore versus Rs 1296 crore
* EBIT expected to be seen at Rs 196 crore versus Rs 205 crore
* EBIT margin expected to be seen at 14.96% versus 15.86%
* Net profit expected to be seen at Rs 161 crore versus Rs 157 crore


*Q3FY25 EARNING CALENDAR 22.01.2025*

ACCELYA, ALLDIGI, *BPCL*, CIGNITITEC, *COFORGE*, ELECON, GODIGIT, GRAVITA, *HDFCBANK*, HERITGFOOD, *HINDUNILVR*, *HUDCO*, JAGSNPHARM, LXCHEM, NIITMTS, NUVOCO, *PERSISTENT*, *PIDILITIND*, *POLYCAB*, RTNPOWER, *TATACOMM*, TIPSMUSIC, VTL, WENDT, ZENSARTECH

*BPCL* QoQ
• Revenue expected at Rs 109538 crore versus Rs 117948 crore
• EBITDA expected to be seen at Rs 9720 crore versus Rs 4517 crore
• EBITDA margin expected to be seen at 8.87% versus 3.83%
• Net profit expected to be seen at Rs 4938 crore versus Rs 2372 crore

*COFORGE* QoQ
• Revenue expected at Rs 3185 crore versus Rs 3062 crore
• EBIT expected to be seen at Rs 398 crore versus Rs 287 crore
• EBIT margin expected to be seen at 12.50% versus 9.37%
• Net profit expected to be seen at Rs 265 crore versus Rs 202 crore

*HDFCBANK* YoY
• NII expected at Rs 30773 crore versus Rs 28471 crore
• EBIT expected to be seen at Rs 24965 crore versus Rs 23647 crore
• EBIT margin expected to be seen at 63.38% versus 59.70%
• Net profit expected to be seen at Rs 16703 crore versus Rs 16372 crore

*HINDUNILVR* YoY
• Revenue expected at Rs 15573 crore versus Rs 15567 crore
• EBITDA expected to be seen at Rs 3580 crore versus Rs 3666 crore
• EBITDA margin expected to be seen at 22.99% versus 23.55%
• Net profit expected to be seen at Rs 2543 crore versus Rs 2539 crore

*PERSISTENT* QoQ
• Revenue expected at Rs 3040 crore versus Rs 2897 crore
• EBIT expected to be seen at Rs 442 crore versus Rs 406 crore
• EBIT margin expected to be seen at 14.54% versus 14.02%
• Net profit expected to be seen at Rs 341 crore versus Rs 325 crore

*PIDILITIND* YoY
• Revenue expected at Rs 3400 crore versus Rs 3130 crore
• EBITDA expected to be seen at Rs 833 crore versus Rs 742 crore
• EBITDA margin expected to be seen at 24.50% versus 23.72%
• Net profit expected to be seen at Rs 590 crore versus Rs 510 crore

*POLYCAB* YoY
• Revenue expected at Rs 5395 crore versus Rs 4340 crore
• EBITDA expected to be seen at Rs 686 crore versus Rs 569 crore
• EBITDA margin expected to be seen at 12.72% versus 13.03%
• Net profit expected to be seen at Rs 491 crore versus Rs 412 crore

*TATACOMM* YoY
• Revenue expected at Rs 5909 crore versus Rs 5633 crore
• EBITDA expected to be seen at Rs 1164 crore versus Rs 1134 crore
• EBITDA margin expected to be seen at 19.70% versus 20.13%
• Net profit expected to be seen at Rs 260 crore versus Rs 230 crore

Stocks Picker Articles

20 Jan 2025 15:07

SUNTECK REALTY Q3 CONS

NET PROFIT 425.2M RUPEES VS LOSS 97M (YOY); PROFIT 346.3M (QOQ)

REVENUE 1.62B RUPEES VS 424M (YOY)


EBITDA 483.8M RUPEES VS -148M (YOY)

EBITDA MARGIN 29.91% VS -34.91% (YOY)

Stocks Picker Articles

20 Jan 2025 14:35

OBEROI REALTY Q3 Result

NET PROFIT UP 72 % AT 618 CR (YOY), UP 5% (QOQ)

REVENUE UP 34 % AT 1411 CR (YOY) ,UP 7 % (QOQ)

EBITDA UP 68 % AT 856 CR (YOY),UP 5 %(QOQ)

MARGINS AT 60.7 % V 48.3 % (YOY), 61.7% (QOQ)

Stocks Picker Articles

20 Jan 2025 04:24

Forthcoming Event

20th January: OBEROIRLTY, VIDHIING to consider Dividend; Krystal Integrated Services, Nazara Technologies, OK Play India, Swagtam Trading & Services to consider Fund Raising; Shangar Decor to consider Stock Split

21st January: KEI, TANLA to consider Dividend; Classic Leasing & Finance, Cyber Media (India), Greenhitech Ventures, JMJ Fintech, Kinetic Engineering, to consider Fund Raising; Keynote Financial Services to consider Reduction of Capital

22nd January: ACCELYA, BPCL, COFORGE, PERSISTENT, TIPSMUSIC, WENDT, ZENSARTECH to consider Dividend; Kaynes Technology India, Muthoot Capital Services, Shivam Autotech, Gujarat Apollo Industries, SRG Housing Finance, Swadeshi Industries & Leasing to consider Fund Raising; Housing & Urban Development Corporation to consider Dividend & Fund Raising

23rd January: ACGL, IEX, MPSLTD, SONACOMS, TARACHAND to consider Dividend; Bank of India, India Grid Trust, Indian Renewable Energy Development Agency, Jay Kailash Namkeen to consider Fund Raising

24th January: GODREJCP, GOTHIPL, SHARDACROP, TORNTPHARM to consider Dividend; Padam Cotton Yarns to consider Bonus issue; Shriram Finance to consider Dividend & Fund Raising; Mehai Technology to consider Fund Raising & Stock Split

25th January: BALKRISIND, JGTL, TCI to consider Dividend

27th January: COALINDIA, EMAMILTD, EPIGRAL, MANBA, WEALTH to consider Dividend

28th January: JUBLINGREA, RADIOCITY, RITES, GESHIP to consider Dividend

29th January: CAMS, VAIBHAVGBL to consider Dividend

30th January: BANARBEADS, CONCOR, SHREECEM to consider Dividend

31st January: MARICO, ONGC, SUNPHARMA to consider Dividend

03rd February: CASTROLIND to consider Dividend

05th February: CUMMINSIND, PAGEIND to consider Dividend

06th February: GULFOILLUB to consider Dividend; Aadhar Housing Finance to consider Fund Raising

Stocks Picker Articles

20 Jan 2025 04:10

*Unitech Ltd:* Company announced a 100% equity disinvestment of its subsidiary, Unitech Power Transmission /limited, for Rs. 50.89 crore to Auro Infra Private Limited. (Neutral)

*VP Ventures Ltd:* Company announced the resignation of its Company Secretary & Compliance Officer, Mr. D. Mahesh, effective January 17, 2025. (Neutral)

*ICICI Lombard:* Net profit at Rs 724.4 cr vs Rs 431.5 cr, Gross premium at Rs. 6214 cr vs Rs 6230 cr.(YoY) (Neutral)

*Fortis Healthcare Ltd:* Company announced the completion of its acquisition of a significant stake in its material subsidiary, Agilus (Neutral)

*Praj Industries:* Company announced the appointment of Mr. Ajay Pratap Singh as Vice President & Business Head, effective January 17, 2025.(Neutral)

*Nazara Technologies:* Compamy Board approves allotment of 20.5L shares via private placement, raising stake in MTPL to 46.07%. (Neutral)

*Reliance Industries:* Company Acquires 100% stake in Reliance New Energy Battery Ltd, boosting green energy push. (Neutral)

*Power Grid:* Company Acquires 77.3 Lakh shares in IL&FS Energy JV for Rs 14.72 Cr. (Neutral)

*Mamata Machinery:* Net profit at Rs 4.6 cr vs Rs 2 cr , Revenue at Rs 43 cr vs Rs 45 cr. (YoY). (Neutral)

*Kansai Nerolac Paints Ltd:* Company discloses a CGST order levying tax and penalty totaling Rs 3.72 Cr for disallowed transitional input tax credit during FY 2017-18. (Neutral)

*Kotak Bank:* Net profit at 3304.8 Rs cr vs poll of Rs 3287.5 cr , NII at Rs 7196.3 cr vs poll of Rs 7147.7 cr (Neutral)

*Tech Mahindra:* Net profit at Rs 989 cr vs Rs 1258 cr , Revenue at Rs 13286 cr vs Rs 13313 cr. (QoQ). (Negative)

*JM Financials:* Net profit at Rs 23.9 cr vs Rs 28 cr , Revenue at Rs. 273.2 cr vs Rs 238.5 cr.(YoY) (Negative)

*Rallis India:* Net profit at Rs 522 cr vs Rs 589 cr , Revenue at Rs. 11 cr vs Rs 24 cr.(YoY) (Negative)

*SRF Ltd:* Company received a tax demand of ~Rs. 85.23 Crores from the Joint Commissioner, CGST & Central Excise, Vadodara-II. (Negative)

*RBL Bank:* Net profit at Rs 32.6 cr vs poll of Rs 124.7 cr , NII at Rs 1582 cr vs poll of Rs 1589.9 cr (Negative)

*Camline Fine:* The Gujarat Pollution Control Board issued closure directions, for the Company's unit at Dahej SEZ, Bharuch. (Negative)

Stocks Picker Articles

20 Jan 2025 03:28

Stocks in Action

India Hotels: The company is engaged in owning, operating & managing hotels, palaces and resorts. India Hotels posted a phenomenal results for the quarter ended Q3FY25 with topline increasing by 28.98% YoY to Rs 2,592 cr, while profit rose by 28.85% YoY, reaching Rs582.32 crore. The operating income for the quarter surged by 119.94% QoQ and increased by 33.92% YoY to Rs 1020 cr. The earnings per share (EPS) stood at Rs4.09 for Q3, reflecting a YoY increase of 28.62%. Sequentially the revenue demonstrated significant growth of 38.71%, and profit increased by 5%. Management attributes this strong performance to consolidation of air and institutional catering business. Going Forward the sector is expected to continue to witness demand buoyancy on account of large-scale regional events, weddings and sustained transient travel. Positive on Indian Hotels given the strong fundamentals and performance of the company.

Reliance Industries: The company posted healthy Financials for the quarter ended Q3FY25. The conglomerate posted a consolidated net profit of Rs18,540 crore for Q3FY25, marking a 7% YoY growth. Consolidated revenue for the quarter stood at Rs2.40 lakh crore, reflecting a 6.7% YoY growth. The company’s EBITDA rose 7.7%YoY to Rs43,789 crore with the EBITDA margin improving to 18.3% from 18.1%. RIL’s flagship O2C business delivered revenue of Rs1.49 lakh crore in Q3FY25, up from Rs1.41 lakh crore in the corresponding period last year. EBITDA for the segment rose to Rs14,402 crore, compared to Rs14,064 crore YoY, however, the EBITDA margin dipped slightly to 9.6% from 10% YoY. In the Oil & Gas segment, revenue declined to Rs6,370 crore from Rs6,719 crore in Q3FY24. Despite the drop in revenue, the EBITDA margin improved to 87.4%, compared to 86.4% YoY, with EBITDA for the segment at Rs5,565 crore. Reliance Retail reported a revenue of Rs90,351 crore for the quarter, showcasing a robust 8.8% YoY growth. Segment EBITDA grew 9% YoY to Rs6,840,with the EBITDA margin remaining stable at 7.6%.Reliance Jio, RIL’s telecom arm, recorded a 24% jump in net profit, reaching Rs6,477 crore in Q3FY25. Revenue rose to Rs29,307 crore, a significant increase from Rs25,368 crore in Q3FY24. EBITDA for the segment climbed to Rs15,478 crore, compared to Rs14,064 crore YoY, with the EBITDA margin expanding to 52.8% from 52.3% . Positive on Reliance Industries given the strong fundamentals and performance of the company.

Stocks Picker Articles

20 Jan 2025 03:27

*News Headlines from Business News Agencies:*

*Business Standard*

📝 India's current economic environment conducive for private investments: CII
📝 Rupee REER declines in December after November peak, shows RBI data
📝 South Korean auto major Hyundai partners TVS to roll out e3Ws, micro 4Ws
📝 Private sector banks' credit costs up in Q3FY25 on higher provisions
📝 Indian organisations are mature about cybersecurity: Sophos CTO Aaron Bugal
📝 VinFast to make India its export hub with $2 billion Thoothukudi facility
📝 Finance Ministry dept to meet business correspondents, banks next week
📝 AM/NS India advances value-added steel expansion with new Hazira facility
📝 India targets $250 bn of engineering exports by 2030, says Commerce Secy
📝 Domestic composite materials industry to touch $2.8 bn mark by 2030: Report
📝 CapitaLand announces Rs 450 cr investment in new IT park in Hyderabad

*Economic Times*

📝 NCLT directs liquidation of Tulip Hotels as it fails to get bidder within prescribed timeline
📝 Long-term perspective on tax structure to aid product development: Skoda official
📝 Govt likely to provide incentives for local manufacturing of high-end electric vehicles
📝 India targets USD 250 bn of engineering exports by 2030 says commerce secretary
📝 Keen to have manufacturing in India, visa issue not affecting operations: BYD
📝 India not seeking duty concessions on liquor, cigarette in FTA with Oman: Sources
📝 CapitaLand announces Rs 450 cr investment in new IT park in Hyderabad
📝 Sarala Aviation unveils prototype for India's first air taxi; Aims to launch in 2028
📝 Delhi-NCR sees highest 30 pc increase in housing prices during 2024 among top 7 cities: Anarock
📝 Burmans' Religare open offer to acquire additional 26% stake to start on Jan 27
📝 Purabi Dairy sells over 2 lakh litres of milk and milk products during Magh Bihu festival in Assam

*Mint*

📝 Private investment and job creation likely to rise in FY26, says industry body
📝 Govt mulling proposal to waive AGR dues for telecom companies: Report
📝 India, EU lay roadmap to strengthen trade and investment
📝 Bharat Mobility Global Expo 2025: Honda Activa e: scooter launched in India
📝 Non-bank lenders form priority sector lenders’ body to plug MSME loan shortfall
📝 India plans to export 1 million tonnes of sugar to handle domestic stock surplus
📝 AESL order book swells to ₹54,700 crore
📝 IndusInd Bank CFO Gobind Jain resigns, Arun Khurana to take over on January 21
📝 Punjab & Sind Bank to raise ₹2,000 cr via QIP this quarter: MD & CEO Swarup Kumar Saha
📝 Budget FY26: Govt could cut customs duty on raw materials to boost manufacturing
📝 UK Market Turbulence Pushes Mortgage Costs to Five-Month High

Stocks Picker Articles

19 Jan 2025 13:00

*Shriram Pistons & Rings* acquires TGPEL Precision Engg. for Rs.220 cr., which may lead to FY25 EPS of ~ Rs.120. Stock trades at a forward P/E of just 14.5x vs. industry average P/E of 37.4x.

*J & K Bank* posted H1 EPS of Rs.8.8, which may lead to FY25 EPS of Rs.21+. Share trades at a forward P/E of just 4.5x vs. industry average P/E of 16.9x for private sector banks.

*Repco Home Finance* posted 16% higher H1 EPS of Rs.36.4, which may lead to FY25 EPS of Rs.76. Share trades at a forward P/E of just 5.5x vs. industry average P/E of 18x.

Debt-free *Coral Laboratories* posted 93% higher H1 EPS of Rs.42, which may lead to FY25 EPS of Rs. 70+. Share trades at a forward P/E of just 10.9x vs. industry average P/E of 33x.

*Best Agro* posted H1 EPS of Rs.49, which may lead to FY25 EPS of Rs.70, driven by new product launches. Its medium-term outlook remains strong.

*Paul Merchants* posted H1 EPS of Rs.95.4, which may lead to FY25 EPS of Rs.190. Share trades at a forward P/E of just 5.1x vs. industry average P/E of 22x.

*Indian Bank* posted 38% higher H1 EPS of Rs.39.9, which may lead to FY25 EPS of Rs.85. Its NPA fell to 0.27% from 0.60% YoY. Share trades at a P/E of just 6.1x on strong investment buying.

*Hero MotoCorp,* posted H1 EPS of Rs.106, which may lead to FY25 EPS of Rs.210. Share trades at a forward P/E of just 19.5x vs. industry average P/E of 32x. Its long-term prospects appear bright.

*Money Times Talk is part of 'Money Times' publication.bs.*

Stocks Picker Articles

19 Jan 2025 13:00

In 11th January MTTs, GGAuto given at Rs.162 touched Rs.233 - a gain of 44%, Integra Engineering given at Rs.223 touched Rs.239, Simmond Marshal given at Rs.131 touched Rs.141 in a highly negative market sentiment.

As per market grapevine investors can just concentrate on Alpa Laboratories, Harsha Engineers, Hindustan Aeronautics, International Conveyors, India Pesticides, Kamat Hotels, Likhitha Infra, Machino Plastics, NSE SME Alpex Solar, NSE SME Kaushalya Logistics, NSE SME Primefresh, NSE SME Trom, Patel Engineering, Pennar Industries, Rishi Laser, Riddhi Corporate Services, Reliance Power, Reliance Infra, RVNL, RAILTEL, Shri Bajrang Alliance, Simmond Marshal, Somi Conveyor Beltings, Super Crop Safe, Va Tech Wabag for decent short- to medium-term gains. Stick to a disciplined process: win big and lose small.

*Machino Plastics* posted 334% higher Q2 PAT and 160% higher H1 PAT of Rs.3.51 cr. It is likely to surpass its 52-week high of Rs.338.

IDBI Capital targets *Patel Engineering* at Rs.76.

*RAILTEL* secures over Rs.425 cr. orders in the last 3 months. Currently at Rs.414, it may benefit from 15-18% rise in the railway budget for FY26E. Its 52-week high is Rs.618.

*IOL Chemicals* approves a stock split (1:5), pending shareholder approval and is likely to surpass its 52-week high of Rs.537.

*Riddhi Corporate Services,* a dividend-paying co. offering backend services to top sectors, posted 49% higher Q2FY25 PAT and is likely to surpass its 52-week high of Rs.145.

*Pennar Industries* formed a joint venture with Zetwerk Manufacturing for solar module manufacturing and operations targeting domestic and global markets.

*Patel Engineering* posted 89% higher Q2FY25 PAT and signs MoU with RVNL & Ircon International for joint infrastructure projects. It is likely to surpass its 52-week high of Rs.79.

*HFCL* secures an advance work order worth Rs.2501 cr. for BharatNet Phase III from BSNL. Keep on track.

*Riddhi Corporate Services,* a dividend payer, excels in logistics, IT services and more with strong growth potential. Stock is attractive at Rs.69 vs. 52-week high of Rs.145.

*RVNL* is the lowest bidder for Rs.3167 cr. coal project in Jharkhand. Govt. may raise the railway budget by 15-16% in FY26E, boosting growth. Attractive at Rs.426 with upside potential.

*Va Tech Wabag* earns triple recognition from CII-IGBC for Net-Zero Water and Near Net-Zero Energy certifications. Keep track.

*Machino Plastics,* India’s largest plastic bumper manufacture with major clients like Maruti Suzuki and Volvo. Stock is attractive at Rs.241 vs. 52-week high of Rs.338.

*RVNL* secures orders worth Rs.15822 cr. in the last 3 months. Available at Rs.432, well below its 52-week high of Rs.647. Railway stocks typically rise ahead of the Budget. Keep on radar.

*IOL Chemicals & Pharmaceuticals* secures EDQM certification for ‘MESALAZINE’ on 16th Jan 2025 boosting export prospects. Stock is attractive at Rs.389 vs 52-week high of Rs.537.

*Dhruv Consultancy Services* secures Rs.1.35 cr. contract from MMRDA for overseeing Multi-Modal Integration on Mumbai Metro Line 5, enhancing connectivity.

*NewMalayalam Steel* won domestic orders worth Rs.18 cr. for 2,525 MT of Demac GP Pipes and Tubes.

*NPST* received Frost & Sullivan's "Company of the Year 2024" award in Payments Technology.

*Emerald Finance* partners with Sana Creation to launch an Early-Wage-Access program.

*Kaushalya Logistics* openes new depots for Ambuja Cement in Haryana, boosting C&F operations.

*Sky Gold* expands into 18K gold, diamond jewellery and Singapore distribution while showcasing exclusive designs at IIJS Signature 2025.

*A B Cotspin* raises solar capacity to 3,131 KW completing 331 KW ahead of schedule.

*Supreme Facility Management* signs an MOU to acquire 76% stake in Cleanway Management Systems and Ashok Business Service, boosting Southern India operations and expected revenue by Rs.45–50 cr.

Stocks Picker Articles

19 Jan 2025 12:58

IMF Growth Forecast : 2025

🇺🇸US: 2.7%
🇩🇪Germany: 0.3%
🇮🇹Italy: 0.7%
🇪🇸 Spain: 2.3%
🇬🇧UK: 1.6%
🇯🇵Japan: 1.1%
🇨🇦Canada: 2.0%
🇨🇳China: 4.6%
🇮🇳India: 6.5%
🇷🇺Russia: 1.4%
🇧🇷Brazil: 2.2%
🇲🇽Mexico: 1.4%
🇸🇦Saudi Arabia: 3.3%
🇳🇬Nigeria: 3.2%
🇿🇦South Africa: 1.5%

Stocks Picker Articles

18 Jan 2025 09:01

*Kotak Mahindra Bank Q3 Earnings*

* NII at Rs 7196 crore versus poll of Rs 7144 crore
* Net profit at Rs 3305 crore versus poll of Rs 3318 crore
* NIM at 4.93% versus 4.91% (QOQ)
* Net NPA at 0.41% versus 0.42% (QOQ)

(Numbers seen in line with estimates)

Stocks Picker Articles

17 Jan 2025 11:49

GANESH HOUSING CORP Q3 Result

NET PROFIT 1.6B RUPEES VS 1B (YOY)

EBITDA AT 211 CR V 136 CR (YOY)

MARGINS AT 82.1 % V 75.3 % (YOY)

Stocks Picker Articles

21 Jan 2025 04:00

*Fund Houses Recommendations*

JPMorgan on *United Breweries:* Maintains overweight, with target price Rs 2150 /Sh (Positive)

CLSA on *Zomato:* Maintains High Conviction Outperform, with target price Rs 400/Sh (Positive)

Nomura on *Zomato:* Maintains Buy, with target price Rs 290/Sh (Positive)

Bofa on *Zomato:* Maintains Buy, with target price Rs 375/Sh (Positive)

Citi on *Aavas Financiers:* Maintains Buy, with target price Rs 2170/Sh (Positive)

Citi on *Hinddalco:* Resumes coverage with Buy, target price Rs 725/Sh (Positive)

UBS on *Zomato:* Maintains Buy, with target price Rs 320/Sh (Positive)

Jefferies on *Paytm:* Maintains Hold, with target price Rs 850 /Sh (Neutral)

Jefferies on *Dixon Tech:* Maintains Hold, with target price Rs 18,790 /Sh (Neutral)

Jefferies on *Zomato:* Maintains Hold, with target price Rs 255 /Sh (Neutral)

Macquarie on *Paytm:* Maintains underperform, with target price Rs 730/Sh (Negative)

Macquarie on *Mankind Pharma:* Maintains underperform, with target price Rs 2150/Sh (Negative)

Bofa on *Paytm:* Maintains underperform, with target price Rs 535/Sh (Negative)

MS on *MCX:* Maintains underweight, with target price Rs 3715/Sh (Negative)

MS on *L&T Fin:* Maintains underweight, with target price Rs 112/Sh (Negative)

Stocks Picker Articles

21 Jan 2025 03:41

High Dividend Yield Stocks.

1- NMDC
2- REC Ltd
3- BPCL
4- PFC
5- Vedanta
6- Coal India
7- Sanofi India
8- Hind Zinc
9- IRFC
10- ITC
11- Redington
12- IDFC
13- Novartis
14- Power Grid Corporation

Stocks Picker Articles

21 Jan 2025 03:40

Stocks In Action

Wipro: Wipro Ltd is India's one of the leading tech-companies, providing IT Services, including Business Process Outsourcing (BPO) services, globally. The company posted a healthy quarterly result for the quarter ended Q3FY25 amidst a challenging environment. Net Sales stood at Rs 22,318.80 crore in December 2024 up 0.51%YoY. Quarterly Net Profit stood at Rs. 3,353.80 crore in December 2024 up 24.48%YoY. EBITDA stands at Rs. 5,543.90 crore in December 2024 up 15.58% YoY. The management is focusing on growing large accounts in four profitable markets and six priority sectors. During the quarter, company's top account grew by 4% sequentially; top 5 accounts grew by 6.2% sequentially. Additionally the company trained Over 44,000 employees on Advanced AI, with establishment of account-specific academies to upskill employees aligned with client business needs. Company booked 19 large deals with a TCV of $1,489 million, a growth of 29% sequentially and 16.8% YoY. Notable large deals won by the company in the quarter include SAP S/4HANA transformation for a leading transportation and logistics company and total outsourcing deal for a software technology company, including GenAI-powered solutions. Going forward the management is confident in maintaining margins within a narrow band despite revenue softness. Positive on Wipro given the strong fundamentals and performance of the company.

Kotak Mahindra Bank: The Bank is one of India’s leading diversified and integrated financial services conglomerates, providing a wide range of financial solutions across customer and geographic segments within India. As a Group, Kotak also operates in overseas markets through international subsidiaries and branches in key geographies.The bank reported a better than expected results for the quarter ended Q3FY25 with net profit increasing by 10% YoY to Rs 3,305 crore. Net Interest Income (NII) or core income, also increased by 10% on a YoY basis to Rs7,196 crore. The lender's net interest margin (NIM) stood at 4.93% for the quarter. Asset quality for the Bank, however, came under pressure. While Gross NPA stood at 1.50% up from 1.49% in September, Net NPA came in at 0.41% down from 0.34% in the September quarter. CASA deposits increased by 15% on a YoY basis to Rs4.58 lakh crore, while CASA ratio stood at 42.3% for the quarter. Credit-deposit ratio for the lender stood at 87.4% in December. Additionally the bank reported a high Common Equity Tier 1 (CET1) ratio and strong Liquidity Coverage Ratio (LCR) position. Going Forward these metrics indicate that Kotak Mahindra Bank is well-equipped to handle market volatility and economic uncertainties. Positive on Kotak Mahindra Bank given the strong fundamentals and performance of the company.

Stocks Picker Articles

20 Jan 2025 15:08

Top 10 midcap stocks bought by Mutual Funds in December

Mutual funds add or exit stocks to manage their portfolios and offer better returns. Here are the mid-cap stocks that mutual funds added to their portfolios in December, according to a report by Emkay Global.

_Vishal Mega Mart_
Mutual funds added shares of this stock worth Rs 40.2 billion to their portfolios.

_Torrent Power_
Mutual funds added shares of this stock worth Rs 24.9 billion to their portfolios.

_Bharat Forge_
Mutual funds added shares of this stock worth Rs 12.4 billion to their portfolios.

_Mankind Pharma_
Mutual funds added shares of this stock worth Rs 12.1 billion to their portfolios.

_Godrej Properties_
Mutual funds added shares of this stock worth Rs 11.4 billion to their portfolios.

_Hindustan Petroleum Corporation_
Mutual funds added shares of this stock worth Rs 8.3 billion to their portfolios.

_IndusInd Bank_
Mutual funds added shares of this stock worth Rs 8.2 billion to their portfolios.

_Syngene International_
Mutual funds added shares of this stock worth Rs 6.3 billion to their portfolios.

_Inventurus Knowledge Solutions_
Mutual funds added shares of this stock worth Rs 6.2 billion to their portfolios.

_Indraprastha Gas_
Mutual funds added shares of this stock worth Rs 5.8 billion to their portfolios.

Stocks Picker Articles

20 Jan 2025 14:36

VIDHI SPECIALTY Q3 Result

NET PROFIT AT 12.7 CR V 8.5 CR YOY

REVENUE AT 99 CR V 63 CR YOY

EBITDA AT 19 CR V 14.5 CR YOY

Stocks Picker Articles

20 Jan 2025 14:34

*Zomato Result 📖*

Revenue Growth 📈 64.4% YOY
PAT Degrowth 📉 57% YOY

Challenges Ahead 📖
1) Intensifying Compitition in Quick Commerce industry.
2) Pause in Margin Expansion.
3) Quick Commerce losses were because of High digital market spend to acquire new customers due to increased compitition.
4) Company pulled forward growth investments in Quick Commerce business to accelerate it's expansion towards goal of 2000 stores. This Quick Commerce network may have to carry a greater load of Under Utilized Stores which will impact near term profit for next 1-2 quarters.
5) Zomato expects quarterly Capex to remain elevated to continue expansion and expect deprecyto continue to increase as it's incurs more Capex.
6) Faces the challenge of broad based slowdown in demand for Food delivery.

Stocks Picker Articles

20 Jan 2025 04:24

Corporate Actions

Laxmi Dental is set to make stock market debut today, January 20. The issue price is fixed at Rs. 428 per share.

Dividend

21-Jan-25
ANGELONE: Interim Dividend - Rs. - 11.00

22-Jan-25
BEPL: Interim Dividend - Rs. - 1.00
HAVELLS: Interim Dividend - Rs. - 4.00
ANZEN: Income Distribution (InvIT)

24-Jan-25
MASTEK: Interim Dividend - Rs. - 7.00
WAAREERTL: Interim Dividend - Rs. - 1.00
DCMSHRIRAM: Interim Dividend
VIDHIING: Interim Dividend

27-Jan-25
KEI: Interim Dividend


IPO
Stallion India Fluorochemicals: Open: 16-Jan-25; Close: 20-Jan-25
Denta Water and Infra Solutions: Open: 22-Jan-25; Close: 24-Jan-25

Buyback
---

Bonus
B. N. Rathi Securities: Bonus Issue 1:1; Ex-Date: 24-Jan-25

Stock Split
Blue Cloud Softech: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 20-Jan-25
Nava: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 20-Jan-25
Insolation Energy: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 24-Jan-25
B. N. Rathi Securities: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 24-Jan-25
Mazda: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 28-Jan-25
Kiduja India: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Senco Gold: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 31-Jan-25
JBM Auto: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 31-Jan-25
Mohite Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25

Right Issue
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
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-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

20 Jan 2025 04:09

*Stocks in News*

*Gland Pharma:* Company Gets USFDA EIR for Hyderabad facility post GMP inspection. (Positive)

*ISGEC Heavy Engineering Ltd:* Company announced that ICRA Limited has reaffirmed the credit rtaing remains ICRA BBB Stable for a Rs. 20 crore line of credit extended to its subsidiary, ISGEC Redecam Enviro Solutions Pvt Ltd. (Positive)

*Bharti Airtel:* Government Is Considering Waiving 50% Interest And 100% Penalties on AGR Dues for Telecom Companies, Potential Relief Offering Over 1 Lakh Crore Rupees (Positive)

*Ashapura Minechem:* Company's overseas arm signs MoU with China Railway to jointly develop its Fako Bauxite deposit in the Kindia Region of Guinea (Positive)

*Felix Industries Ltd:* Company’s subsidiary, Rivita Solutions, secured a 3-year contract from ONGC for effluent water processing services at Nandasan ETP. (Positive)

*IDBI Bank Ltd:* Company received a positive credit rating from ICRA. ICRA assigned a 'AA/Stable' rating to an additional Rs.7000 crore in infrastructure bonds. (Positive)

*Ramkrishna forgings:* Net profit at Rs 99.6 cr vs Rs 86.9 cr , Revenue at Rs. 1073.8 cr vs Rs 995.6 cr.(YoY) (Positive)

*Power & Instrumentation Ltd:* Company announced a significant Rs.17.07 cr work order win. (Positive)

*Torrent Power Limited:* Company has announced an investment of Rs.18,000 crore to set up a new thermal power plant in Madhya Pradesh. (Positive)

*K.P.Energy Ltd:* Company successfully commissioned a 6.3MW wind power project (Phase-XI) at its Sidhpur site. (Positive)

*GMR Airports:* Company Handled 10.8M+ passengers in December, with 8.5% YoY growth (Positive)

*IOL Chemicals & Pharmaceuticals Ltd:* Company received a Certificate of Suitability from the EDQM for Mesalazine, enabling exports to Europe and other CEP-accepting countries. (Positive)

*Srm Contractors:* Company approves acquisition of 51% Stake In Maccaferri Infrastructure. Company to Invest Rs.19 cr Rupees in First Tranche For 12.75% Stake in Mipl. (Positive)

*Hyundai Motors:* Company and TVS Motors Company explore partnership for Electric Vehicles in India (Positive)

*Concord Enviro System:* Net profit at Rs 17.3 cr vs Rs 12 cr , Revenue at Rs 162 cr vs Rs 97 cr. (YoY). (Positive)

*TD Power Systems:* Company wins order worth Rs 570 Million from nuclear power corporation of India (NPCIL) for the supply of induction motors (Positive)

*SBEC Systems Limited:* Company Started installation of a 545 KWp solar plant for Jayesh Tradex Private Limited in Modi Nagar, Uttar Pradesh. (Positive)

*Zydus Lifesciences:* Company receives approval from USFDA to conduct phase ii (b) clinical trial for usnoflast, a novel oral NLRP3 inflammasome inhibitor in patients with amyotrophic lateral sclerosis (Positive)

*Info Edge Ltd:* Company announced an investment of approximately Rs. 90 Crores in its wholly-owned subsidiary, Startup Investments (Holding) Limited. (Neutral)

*Wipro:* Net profit at Rs 3366 cr vs poll of Rs 3124 cr , Revenue at Rs 22285 cr vs poll of Rs 22176 cr (Neutral)

*Sterlite Technologies Ltd:* Company appointment of Mr. Pankaj Malik as an Interim Chief Executive Officer of Global Services Business with effect from February 1, 2025. (Neutral)

*SG Finserv:* Company’s Q3 loan book stands at Rs. 1570 cr & target loan book of 2500 cr in FY25, 4000 cr in FY26, 6000 cr in FY27 CAGR growth of 60% est. (Neutral)

*Indian Hotels:* Net profit at Rs 582 cr vs poll of Rs 603 cr , Revenue at Rs 2533 cr vs poll of Rs 2429 cr. (Neutral)

*Mahanagar Telephone Nigam:* Company has announced the funding of the Designated Escrow Account for the payment of the 3rd Semi-Annual Interest on its 7.59% MTNL Bond Series VIIIA, due on January 20, 2025. (Neutral)

*Tata Steel Ltd:* Company filed a Curative Petition with the Supreme Court of India on January 17, 2025, regarding the September 24, 2024 order in Karnataka Iron & Steel Manufacturers Association. (Neutral)

Stocks Picker Articles

20 Jan 2025 03:28

*Q3FY25 EARNING CALENDAR 20.01.2025*

AGI, *APLAPOLLO*, CENTRALBK, *DIXON*, IDBI, INDOSTAR, IOB, *IRFC*, ISEC, J&KBANK, *LTF*, *MCX*, MRPL, NEWGEN, *OBEROIRLTY*, *PAYTM*, RPEL, SUNTECK, SUPREMEIND, VIDHIING, *ZOMATO*

*APLAPOLLO* YoY
* Revenue expected at Rs 5093 crore versus Rs 4177 crore
* EBITDA expected to be seen at Rs 338 crore versus Rs 279 crore
* EBITDA margin expected to be seen at 6.67% versus 6.68%
* Net profit expected to be seen at Rs 205 crore versus Rs 165 crore

*DIXON* QoQ
* Revenue expected at Rs 10402 crore versus Rs 11534 crore
* EBITDA expected to be seen at Rs 389 crore versus Rs 414 crore
* EBITDA margin expected to be seen at 3.74% versus 3.59%
* Net profit expected to be seen at Rs 210 crore versus Rs 180 crore

*LTF* QoQ
* NII expected at Rs 2246 crore versus Rs 2178 crore
* EBIT expected to be seen at Rs 1443 crore versus Rs 1490 crore
* EBIT margin expected to be seen at 59.46% versus 58.49%
* Net profit expected to be seen at Rs 569 crore versus Rs 695 crore

*MCX* YoY
* Revenue expected at Rs 313 crore versus Rs 191 crore
* EBITDA expected to be seen at Rs 199 crore versus Rs -19 crore
* EBITDA margin expected to be seen at 63.58% versus -10.29%
* Net profit expected to be seen at Rs 169 crore versus Rs -5 crore

*OBEROIRLTY* YoY
* Revenue expected at Rs 1528 crore versus Rs 1053 crore
* EBITDA expected to be seen at Rs 868 crore versus Rs 511 crore
* EBITDA margin expected to be seen at 56.81% versus 48.55%
* Net profit expected to be seen at Rs 714 crore versus Rs 360 crore

*ZOMATO* QoQ
* Revenue expected at Rs 5498 crore versus Rs 4799 crore
* EBIT expected to be seen at Rs 60 crore versus Rs 46 crore
* EBIT margin expected to be seen at 1.09% versus 0.9%
* Net profit expected to be seen at Rs 195 crore versus Rs 176 crore


*Q3FY25 EARNING CALENDAR 21.01.2025*

ABREL, CYIENTDLM, DALBHARAT, EIMCOELECO,*ICICIPRULI*, *INDIACEM, *INDIAMART*, INDOCO, JSFB, KEI, MANORAMA, *PNBHOUSING*, ROSSARI, SOUTHBANK, TANLA, *TATATECH*, UCOBANK

*ICICIPRULI* YoY
* APE expected at Rs 2469 crore versus Rs 1908 crore
* EBIT expected to be seen at Rs 324 crore versus Rs 183 crore
* EBIT margin expected to be seen at 5.03% versus 1.85%
* Net profit expected to be seen at Rs 351 crore versus Rs 226 crore

*INDIAMART* YoY
* Revenue expected at Rs 353 crore versus Rs 305 crore
* EBITDA expected to be seen at Rs 133 crore versus Rs 85 crore
* EBITDA margin expected to be seen at 37.68% versus 28.07%
* Net profit expected to be seen at Rs 137 crore versus Rs 82 crore

*PNBHOUSING* QoQ
* NII expected at Rs 688 crore versus Rs 661 crore
* EBIT expected to be seen at Rs 582 crore versus Rs 559 crore
* EBIT margin expected to be seen at 74.52% versus 73.46%
* Net profit expected to be seen at Rs 482 crore versus Rs 469 crore

*TATATECH* QoQ
* Revenue expected at Rs 1310 crore versus Rs 1296 crore
* EBIT expected to be seen at Rs 196 crore versus Rs 205 crore
* EBIT margin expected to be seen at 14.96% versus 15.86%
* Net profit expected to be seen at Rs 161 crore versus Rs 157 crore

Stocks Picker Articles

19 Jan 2025 17:53

Details of Companies Listed in the Last 4 Months and Trading Below Their IPO Price.*

*Lamosaic India: Listing Date: 29 Nov 2024*
IPO Price: ₹200
Current Price: ₹77.95
% Change: -61%

*Phoenix Overseas: Listing Date: 27 Sep 2024*
IPO Price: ₹64
Current Price: ₹28.90
% Change: -55%

*Abha Power: Listing Date: 04 Dec 2024*
IPO Price: ₹75
Current Price: ₹41.55
% Change: -45%

*Newmalayalam: Listing Date: 27 Dec 2024*
IPO Price: ₹90
Current Price: ₹52.15
% Change: -42%

*Usha Financial: Listing Date: 31 Oct 2024*
IPO Price: ₹168
Current Price: ₹107.55
% Change: -36%

*Khyati: Listing Date: 11 Oct 2024*
IPO Price: ₹99
Current Price: ₹65.00
% Change: -34%

*Paramount Dye: Listing Date: 08 Oct 2024*
IPO Price: ₹117
Current Price: ₹78.35
% Change: -33%

*Davin Sons Retail: Listing Date: 09 Jan 2025*
IPO Price: ₹55
Current Price: ₹38.13
% Change: -31%

*Supreme Facility: Listing Date: 18 Dec 2024*
IPO Price: ₹76
Current Price: ₹53.40
% Change: -30%

*Citichem India: Listing Date: 03 Jan 2025*
IPO Price: ₹70
Current Price: ₹51.50
% Change: -26%

*Acme solar Holdings: Listing Date: 13 Nov 2024*
IPO Price: ₹289
Current Price: ₹221.40
% Change: -23%

*Forge Auto: Listing Date: 04 Oct 2024*
IPO Price: ₹108
Current Price: ₹84.05
% Change: -22%

*Godavari Biorefineries: Listing Date: 30 Oct 2024*
IPO Price: ₹352
Current Price: ₹275.40
% Change: -22%

*Carraro India: Listing Date: 30 Dec 2024*
IPO Price: ₹704
Current Price: ₹572.40
% Change: -19%

*Suraksha Diagnostics: Listing Date: 06 Dec 2024*
IPO Price: ₹441
Current Price: ₹357.20
% Change: -19%

*Deepak Builders: Listing Date: 28 Oct 2024*
IPO Price: ₹203
Current Price: ₹170.83
% Change: -16%

*Subam Papers: Listing Date: 08 Oct 2024*
IPO Price: ₹152
Current Price: ₹127.00
% Change: -16%

*Unilex Colour & Coatings: Listing Date: 03 Oct 2024*
IPO Price: ₹87
Current Price: ₹77.05
% Change: -11%

*Mangal: Listing Date: 21 Nov 2024*
IPO Price: ₹45
Current Price: ₹40.30
% Change: -10%

*Hyundai Motor India: Listing Date: 22 Oct 2024*
IPO Price: ₹1960
Current Price: ₹1789.10
% Change: -9%

WOL3D: Listing Date: 30 Sep 2024
IPO Price: ₹150
Current Price: ₹137.00 by
% Change: -9%

*Premium Plast: Listing Date: 28 Oct 2024*
IPO Price: ₹49
Current Price: ₹44.90

Stocks Picker Articles

19 Jan 2025 13:00

*Captain Polyplast* allotted 48,00,000 convertible warrants at Rs.72 each.

*Refex Green Mobility* partners with Gensol Engineering to acquire 2,997 EVs under Rs.315 cr. loan, leasing them to Blu-Smart Mobility.

*A B Cotspin* receives IVR BBB/stable and IVR A3+ credit ratings from Infomerics Ratings.

*NewMalayalam Steel* secures five orders for 500 MT of Demac GP Pipes and Tubes worth Rs.3.55 cr.

*Bright Outdoor Media* secures key tenders including Navi Mumbai Metro Line 1 and expands its digital displays to 419 covering 3.86 lakh sq. ft.

*Techknowgreen Solutions* receives Rs.3.13 cr. work order.

*Dhruv Consultancy Services* has its CARE Ratings reaffirmed with a positive outlook for long-term facilities.

*Uravi T and Wedge Lamps* rebranded to Uravi Defence and Technology, with the stock symbol updated to URAVIDEF.

*Refex Industries* issued 2,94,530 equity shares under ESOP 2021, raising share capital to Rs.25.84 cr.

*NPST* partners with NSDL Payments Bank to offer payout services, merchant onboarding and dispute resolution.

*Pavna Industries* acquires two plots in SIPCOT Industrial Park, Tamil Nadu on a 99-year lease for Rs.7.36 cr. spanning 4.33 acres.

*RDB Infrastructure and Power* secures contracts worth Rs.11.8 cr. for 10MW rooftop solar plants and comprehensive O&M services.

*Standard Capital Markets* deploys Rs.2.01 billion to strengthen operations, bolstering infrastructure for future growth.

*G G Engineering* posts strong 9MFY25 earnings with revenue up 70.7%, EBITDA up 325.85%, and PAT up 376.36% YoY.

*Julien Agro Infratech* posts 607.58% revenue growth and 206% PAT growth for Q3FY25 and announces a 2nd interim dividend amid a positive trend.

*Davangere Sugar* expects gains from potential ethanol price hikes for B-heavy and C-heavy molasses supporting a bullish sugar industry outlook.

*Winsome Textiles Industries* is likely to post FY25 EPS above Rs.16. It trades at a PE of just 7.8x against the industry average of 44.78x. Analysts forecast multibagger returns in 2025.

*Reliance Power* clears Rs.1,318 cr. debt ahead of schedule including Rs.485 cr. to Varde Partners. With a large power generation portfolio and positive news flow, stock is poised to rise.

*Tata Motors* unveiled 32 vehicles at Bharat Mobility Expo 2025 and sold 3,41,791 units in Q3FY25. Its new Tamil Nadu plant and EV boom position it for long-term gains.

*Aartech Solonics* posted turnaround results with a record order book and defense innovations, offering growth in the power and defense sectors.

*Agarwal Toughened Glass* trades at a PE of 26.8x with its IPO proceeds directed toward capex. With a new order from Glaze Techno and growth plans, it shows potential for gains.

*Jay Kailash Namkeen’s* H1FY25 PAT grew to Rs.0.81 cr. With expanding B2C operations and a board meeting for fund-raising on 23rd Jan 2025. Stock has strong growth potential.

*Capacite Infra Projects* posted higher H1 EPS of Rs.11.5, which may lead to FY25 EPS of Rs.25 from Rs.16.1 in FY24. It also has order worth Rs.1,203 cr. from SignatureGlobal (India).

*Just Dial* posted 43% higher Q3FY25 EPS of Rs.15.4 and 111% higher 9M EPS of Rs.50.2, which may lead to FY25 EPS of Rs.70+ and its H1FY25 cash & investments stood at Rs.4,942 cr.

Cash-rich *Sree Rayalaseema Hypo Strength* posted H1 EPS of Rs.25.6, which may lead to FY25 EPS of Rs.55. Stock trades at a forward P/E of just 12.7x, vs. industry average P/E of 52x.

*Cellecor Gadgets* partners Dixon Electro Manufacturing to produce refrigerators, reinforcing its rapid growth in the consumer electronics sector and strong medium-term prospects.

*DCB Bank* posted 23% higher Q2 EPS of Rs.5, which may lead to FY25 EPS of Rs.20+. Stock trades at a forward P/E of just 5.7x vs. industry average P/E of 16x for private banks.

Stocks Picker Articles

19 Jan 2025 12:59

*Money Times Talk*

*18th 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.

PROTECT YOURSELF FROM FINANCIAL FRAUDS! Money Times regularly warns about rising scams in stock markets, jobs and online shopping. Scammers use advanced tactics leading to severe financial and emotional losses.1. Modus Operandi: Fake ads, social media posts and groups on WhatsApp/Telegram to lure victims with stock tips or job offers followed by fake trading apps and deposit demands. 2. Devastating Consequences: Massive financial losses, emotional distress and even reported suicides. 3. Protect Yourself: Avoid unsolicited offers, verify their authenticity and never deposit money without proper checks. 4. Spread Awareness: Share this with loved ones to protect them from falling prey. 5. Stay Vigilant: Protect your hard-earned money and help prevent national economic losses.

‘People who exit the stock market to avoid a decline are likely to miss the next rally’ - Peter Lynch.

As per market grapevine, exit overpriced newly listed companies, micro, mini, penny shares, and most small & midcaps during any up move around the budget, as 70% of small-mid caps and 90% of SME stocks remain overvalued. Good businesses at wrong prices don’t guarantee good investments.

Key events till 15th February 2025: Markets may witness heightened volatility due to binary outcomes from Q3 results, Fed policy (28th -29th Jan 2025), Union Budget (1st Feb 2025), Delhi elections & results (5th -8th Feb 2025) and RBI policy (7th Feb 2025). Expect sector and stock-specific fluctuations.

As per market grapevine, FPI shorts stand at 3.27 lakh contracts. If the Budget is investor & industry friendly, the Nifty may rise to 24,100–24,500 on short covering. But if it disappoints, FPI shorts may grow further pushing the Nifty below 23,000–22,500 post-Budget.

As per market veteran, avoid two key mistakes in equities: buying in fear of missing out (FOMO) and selling in panic. As Peter Lynch noted, ‘Everyone can make money in stocks, but not everyone has the stomach for it’. Bear markets see traders and speculators sell good stocks, which are acquired by smart long-term investors.

As per astrology view, some important turning dates are 20, 24, 27, 31st January and 1, 3, 7 & 10TH February 2025. As per astro view till 17th February, stock specific huge volatility with huge upside-down movements possible.

Bank of Japan board members are likely to approve a rate hike next week. The previous rate hike in August caused market turmoil impacting Indian equities.

In 13th January MTTs, Anantraj given at Rs.319 touched Rs.948 - a gain of 197% & still at Rs.900 looks good.

In 10th February MTTs, Univastu given at Rs.134 touched Rs.345 - a gain of 157% & now at Rs.326 still looks very good.

In 1st June MTTs, Anantraj given at Rs.385 touched Rs.948 - a gain of 146% in highly bearish market sentiment & now at Rs.900 still looks good.

In 26th October MTTs, Amal Ltd given at Rs.377 touched Rs.664 - a gain of 76%, during the week in a highly bearish market sentiment.

In 16th November MTTs, GGAuto given at Rs.154 touched Rs.233 - a gain of 51% in a highly negative market sentiment.

In 7th December MTTs, Anantraj given at Rs.740 touched Rs.948 & now at Rs.900 still looks very good.

In 21st December MTTs, ABM Knowledgeware given at Rs.129 touched Rs.238 - a superb gain of 84%, now it is better to book profit in it.

Stocks Picker Articles

18 Jan 2025 15:24

Stocks added by Mutual Funds in December 2024

Adani Green
IRFC
Jio Financial
Doms Industries
Yes Bank
Nuvama Wealth
PG Electroplast
IREDA
Manorama Industries
Suraksha Diagnostic
Amber Enterprises
Tata Elxsi
CG Power
Sail
Godrej Properties
Welspun Enterprises
Hudco

Stocks Picker Articles

17 Jan 2025 12:30

*INDIAN HOTELS Q3*

• Revenue at Rs 2533 crore versus poll Rs 2429 crore
• Net profit at Rs 582.0 crore versus poll Rs 603.0 crore
• EBITDA at Rs 962.0 crore versus poll Rs 904.0 crore
• EBITDA margin at 38.0% versus poll 37.2%

(Operational performance seen better than estimates, overall inline numbers)

Stocks Picker Articles

17 Jan 2025 04:40

Forthcoming Event

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

18th January: Gujarat Cotex, Kotak Mahindra Bank, Man Industries (India), Shivam Autotech to consider Fund Raising

20th January: Nazara Technologies 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