Stocks Picker Articles

14 Feb 2025 04:30

Stocks with brokerage targets indicating upside of up to 72% 🚀

HSBC on BPCL
Target: ₹440
Upside: 72%
Rating: Buy

CLSA on Hindalco Industries
Target: ₹800
Upside: 32%
Rating: Outperform

Citi on IndusInd Bank
Target: ₹1,378
Upside: 31%
Rating: Buy

JP Morgan on Reliance Industries
Target: ₹1,520
Upside: 25%
Rating: Overweight

Citi on Vedanta
Target: ₹500
Upside: 18%
Rating: Buy

Stocks Picker Articles

14 Feb 2025 04:25

*Forthcoming Event*

14th February: CAREERP, PRITHVIEXCH to consider Dividend; U. Y. Fincorp to consider Fund Raising; GTV Engineering to consider Voluntary Delisting; Hubtown to consider Amalgamation; East West Freight Carriers to consider Consolidation of Shares

15th February: Muthoot Capital Services, Vertoz to consider Fund Raising; KBC Global to consider Bonus issue

17th February: ABB to consider Dividend; Sampann Utpadan India to consider Fund Raising

20th February: CIEINDIA, COCKERILL to consider Dividend;

Stocks Picker Articles

14 Feb 2025 04:18

Dilip Buildcon Ltd.
Easy Trip Planners Ltd.
Rolex Rings Ltd
Gufic Biosciences Ltd.
Kitex Garments Ltd.
Polyplex Corporation Ltd.
Jindal Poly Films Ltd.
Ashapura Minechem Ltd.
Jamna Auto Industries Ltd.
Jai Corp Ltd.
RPSG Ventures Ltd.
Uflex Ltd.
Fischer Medical Ventures Ltd.
Northern ARC Capital Ltd.
KDDL Ltd.
Hubtown Ltd.
Pix Transmissions Ltd.
Sindhu Trade Links Ltd.
Mahanagar Telephone Nigam Ltd.
Hinduja Global Solutions Ltd.
Dr Agarwals Eye Hospital Ltd.
Panacea Biotec Ltd.
Pennar Industries Ltd.
Themis Medicare Ltd.
Salasar Techno Engineering Ltd.
Hindware Home Innovation Ltd.
Camlin Fine Sciences Ltd.
Dee Development Engineers Ltd
Tarsons Products Ltd.
Cupid Ltd.
TechNVision Ventures Ltd.
Blue Cloud Softech Solutions Ltd.
Brightcom Group Ltd.
Signpost India Ltd.
VL E-Governance & IT Solutions Ltd.
Divgi Torqtransfer Systems Ltd.
Rama Steel Tubes Ltd.
Dish TV India Ltd.
Antony Waste Handling Cell Ltd.
Deccan Gold Mines Ltd.
Best Agrolife Ltd.
Capital India Finance Ltd.
Sree Rayalaseema Hi-Strength Hypo Ltd.
Arman Financial Services Ltd.
Beekay Steel Industries Ltd.
Asian Star Company Ltd.
Mukka Proteins Ltd.
Jagatjit Industries Ltd.
Munjal Auto Industries Ltd.
Parsvnath Developers Ltd.
Sastasundar Ventures Ltd.
R.P.P. Infra Projects Ltd.
Uttam Sugar Mills Ltd.
Primo Chemicals Ltd.
Hardwyn India Ltd.
Spacenet Enterprises India Ltd.
Denta Water and Infra Solutions Ltd.
Permanent Magnets Ltd.
Hampton Sky Realty Ltd.
Swiss Military Consumer Goods Ltd.
SPEL Semiconductor Ltd.
IZMO Ltd.
R&B Denims Ltd.
MBL Infrastructure Ltd.
Visaka Industries Ltd.
GVK Power & Infrastructure Ltd.
Meghna Infracon Infrastructure Ltd.
Kiran Vyapar Ltd.
Shalimar Agencies Ltd.
Career Point Ltd.
Danlaw Technologies India Ltd.
Integrated Industries Ltd.
Global Surfaces Ltd.
Shukra Pharmaceuticals Ltd.
Shri Jagdamba Polymers Ltd.
Avonmore Capital & Management Services Ltd.
Lokesh Machines Ltd.
Revathi Equipment India Ltd.
XT Global Infotech Ltd.
Rudrabhishek Enterprises Ltd.
Nahar Industrial Enterprises Ltd.
Triton Valves Ltd.
Sakuma Exports Ltd.
Vikram Thermo (India) Ltd.
Kothari Products Ltd.
Pavna Industries Ltd.
Filatex Fashions Ltd.
Mirc Electronics Ltd.
Shree Tirupati Balajee Agro Trading Company Ltd
D.P. Wires Ltd.
Shankar Lal Rampal Dye-Chem Ltd.
Team Ashika

Stocks Picker Articles

04 Feb 2025 03:33

*Afcons Infrastructure:* Company received a penalty order for Rs. 38.82 Cr from the Joint Commissioner (CGST & CX), Thane Commissionerate. (Neutral)

*Sun Pharmaceutical:* Company announced the appointment of Mr. Aalok Shanghvi as Chief Operating Officer. (Neutral)

*Jupiter Life:* Announced a credit rating reaffirmation by ICRA Limited, Long term rating of A+ (Stable) (Neutral)

*Bank of Baroda:* Bank to raise funds via QIP on February 13, 2025. (Neutral)

*Everest Kanto:* Company received a GST demand order for Rs 126.72 Cr (10%) plus interest and penalty from the Office of the Commissioner of CGST & C. Ex., Palghar. (Negative)

*Quess Corp:* Company received orders from the CGST Department, imposing penalties totaling Rs.361.56 Cr for alleged violations related to input tax credit. (Negative)

*Spandana Sphoorty:* ICRA Ratings Limited has downgraded credit rating to A (Negative) from A+ (Negative) for its existing instruments. (Negative)

*Tata Chem:* Net loss at Rs 21.0 cr vs profit Rs 194 cr, Revenue at Rs. 3590 cr vs Rs 3730 cr (YoY) (Negative)

*Bharat Wire:* Net profit at Rs. 14.9 cr vs Rs 26.4 cr, Revenue at Rs. 162 cr vs Rs 157 cr (YoY) (Negative)

Stocks Picker Articles

03 Feb 2025 04:33

*Fund Houses Recommendations*


Investec on *UPL:* Upgrade to Buy on company, raise target price at Rs 700/Sh (Positive)

Jefferies on *ITC:* Maintain Buy on Company, target price at Rs 550/Sh (Positive)

MS on *ITC:* Maintain Overweight on Company, target price at Rs 554/Sh (Positive)

Nomura on *Fivestar FIn:* Maintain Buy on Company, target price at Rs 870/Sh (Positive)

Kotak Institutional on *Market Strategy:* FY26 Budget positive for bonds & *consumption* (Positive)

Goldman Sachs on Auto: Budget favors 2W & affordable cars, EMI savings to benefit *TVS, Hero, Bajaj, Maruti, and Ashok Leyland* (Positive)

GS on *Union Budget:* 2-w stocks major beneficiaries, *TVS* top pick followed by *Hero, Eicher and Bajaj Auto* (Positive)

MOSL on *Union Budget:* Tax rates changes are positive, *Maruti and Indigo* preferred picks. (Positive)

Investec on India Consumer Goods: Urban demand to benefit, Buy *GCPL, Marico, ITC, Nykaa, Titan, Sapphire Foods* set to gain (Positive)

Jefferies on Auto Sales: January auto wholesales up 9% YoY for tractors, modest 3-4% growth for 2W, PV, and trucks, *TVS Motors and Eicher Motors* remain top buys. (Positive)

HSBC on *Union Budget:* Govt balances fiscal consolidation with growth, tax revenues may disappoint slightly but overall assumptions reasonable. (Neutral)

CLSA on *Market Strategy:* Consumption focus returns, tax cuts could save ₹1.1L/year, large PSU divestments add pressure on share sales. (Neutral)

CLSA on Telecom: FY26 telecom receipts expected to fall 33%, lower BSNL spectrum-related non-cash receipts impact sector. (Neutral)

JP Morgan on *Indusind Bank:* Maintain Neutral on Bank, cut target price at Rs 1100/Sh (Neutral)

JP Morgan on *ONGC:* Maintain Neutral on Company, target price at Rs 293/Sh (Neutral)

Jefferies on *GMR Airports:* Maintain Equal weight on Company, cut target price at Rs 92/Sh (Neutral)

JP Morgan on *Union Budget:* Budget prioritizes conservatism, tax cuts to boost urban consumption but pressure expenditure, total cost at 0.3% of GDP. (Neutral)

BOFA on *Union Budget:* Fiscal policy follows a "do no harm" approach, stable revenue assumptions but tax cuts may require reduced exemptions. (Neutral)

Investec on *Building Materials:* No direct demand push, execution key for FY26, prefer Astral, Kajaria, Century Ply, Greenply, Ambuja, Ultratech. (Neutral)

Goldman Sachs on *Insurance:* Budget impact small positive, ULIP taxation clarified, high new tax regime adoption, demand trends healthy. (Neutral)

Bernstein on *Insurance:* ULIP taxation concerns overdone, SBI Life less impacted, Max Financial reverse merger may benefit. (Neutral)

CLSA on *India Property:* Budget impact marginally positive, tax benefits for second homes, SWAMIH-2 to support stalled housing projects. (Neutral)

Incred on *Market Strategy:* Cautious stance, favor large caps like Britannia, Hero MotoCorp, and Maruti Suzuki, maintain Nifty target at 23,260. (Neutral)

Bernstein on *Market Strategy:* Remain underweight on industrials, shift discretionary (ex-auto) to Equal Weight, modest Overweight on durables. (Neutral)

JP Morgan on *Infra:* FY26 infra capex growth underwhelming, defense capex picks up, muted outlook for L&T. (Neutral)

Capital Economics on *Tariffs:* Tariffs could push Canada and Mexico into recession, US inflation may rise above 3%, interest rate cuts unlikely (Negative)

Nomura on *Tariffs:* No deal likely before Feb 4, tit-for-tat escalation expected, rising tariff risks for Europe, markets brace for slower growth & higher inflation. (Negative)

MOSL on *Capital Goods:* Cap Goods will face challenges in growth, downgrade *Hitachi & Thermax* to sell (Negative)

Jefferies on *OMCs:* Govt’s budgeted LPG subsidy implies that OMCs will bear 69% of FY25 under-recoveries, budgeted LPG subsidy move suggests govt has capped marketing profitability of OMCs (Negative)

Stocks Picker Articles

03 Feb 2025 04:29

*Corporate Actions*

*Dividend*

*03-Feb-25*
MGL: Interim Dividend - Rs. - 12.00
GESHIP: Interim Dividend - Rs. - 8.10
WHEELS: Interim Dividend - Rs. - 4.50
APCOTEXIND: Interim Dividend - Rs. - 2.00
GODREJCP: Interim Dividend - Rs. - 5.00
SIYSIL: Interim Dividend - Rs. - 3.00
JUBLINGREA: Interim Dividend - Rs. - 2.50
SHAREINDIA: Interim Dividend - Rs. - 0.20

*04-Feb-25*
EMAMILTD: Interim Dividend - Rs. - 4.00
ORIENTELEC: Interim Dividend - Rs. - 0.75
AARTIDRUGS: Interim Dividend - Rs. - 1.00
KPITTECH: Interim Dividend - Rs. - 2.50
LTFOODS: Interim Dividend - Rs. - 0.50
SRF: Interim Dividend - Rs. - 3.60
AURIONPRO: Interim Dividend - Rs. - 1.00
BIRET : Income Distribution RITES

*05-Feb-25*
IMFA: Interim Dividend - Rs. - 5.00
MASFIN: Interim Dividend - Rs. - 1.00
SONACOMS: Interim Dividend - Rs. - 1.60
SHREECEM: Interim Dividend - Rs. - 50.00
MANBA: Interim Dividend - Rs. - 0.25
GTV: Interim Dividend - Rs. - 0.50
SMCGLOBAL: Interim Dividend


*IPO*
---

*Buyback*
---

*Bonus*
Redtape: Bonus Issue 3:1; Ex-Date: 04-Feb-25
Thinkink Picturez: Bonus Issue 2:1; Ex-Date: 05-Feb-25
Sangam Finserv: Bonus Issue 4:1; Ex-Date: 07-Feb-25

*Stock Split*
Minolta Finance: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 06-Feb-25
Ksolves India: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 06-Feb-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
AGI Infra: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
T T Ltd.: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 12-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 18-Feb-25

*Right Issue*
Harshil Agrotech: Ex-Date: 05-Feb-25
GTT Data Solutions: Open: 27-Jan-25; Close: 04-Feb-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*
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24

Stocks Picker Articles

03 Feb 2025 04:29

Bulk Deal & Insider Trade Update*

*Bulk Deals*
*Quess: Amazon.Com Nv Investment Holdings Llc Sell 754437 Shares @ Rs. 610.2
*Hmeml: Nav Capital Vcc - Nav Capital Emerging Star Fund Buy 78400 Shares @ Rs. 75

*Insider Trade*
*Acquisition*
* Blb Ltd.: Brij Rattan Bagri, Promoter & Director, Acquisition 806460 shares on 31-Jan-25

*Disposal*
* Markolines Pavement Technologies Ltd: Kunal Bora, Promoter Group, Disposal 41600 shares

*Dividend Update*
*Apcotex Industries Ltd.: Interim Dividend Rs. 2.00; Ex Date: 03-Feb-2025
*The Great Eastern Shipping Company Ltd.: Interim Dividend Rs. 8.10; Ex Date: 03-Feb-2025
*Godrej Consumer Products Ltd.: Interim Dividend Rs. 5.00; Ex Date: 03-Feb-2025
*Jubilant Ingrevia Ltd.: Interim Dividend Rs. 2.50; Ex Date: 03-Feb-2025
*Mahanagar Gas Ltd.: Interim Dividend Rs. 12.00; Ex Date: 03-Feb-2025
*Share India Securities Ltd.: Interim Dividend Rs. 0.20; Ex Date: 03-Feb-2025
*Siyaram Silk Mills Ltd.: Interim Dividend Rs. 3.00; Ex Date: 03-Feb-2025
*Wheels India Ltd.: Interim Dividend Rs. 4.50; Ex Date: 03-Feb-2025

*Result Today*
Divi's Laboratories Ltd.
Tube Investments of India Ltd.
Premier Energies Ltd.
Aditya Birla Capital Ltd.
K.P.R. Mill Ltd.
KEC International Ltd.
Gland Pharma Ltd.
Alembic Pharmaceuticals Ltd.
Castrol India Ltd.
Garden Reach Shipbuilders & Engineers Ltd.
HFCL Ltd.
Paradeep Phosphates Ltd.
Sky Gold Ltd.
Kalyani Steels Ltd.
Indraprastha Medical Corporation Ltd.
Bannari Amman Sugars Ltd.
Bombay Dyeing And Manufacturing Company Ltd.
Stove Kraft Ltd.
Saksoft Ltd.
Taj GVK Hotels & Resorts Ltd.
Dredging Corporation Of India Ltd.
MM Forgings Ltd.
Shankara Building Products Ltd.
Barbeque-Nation Hospitality Ltd.
Sadhana Nitro Chem Ltd.
Bharat Parenterals Ltd.
Nahar Spinning Mills Ltd.
GHCL Textiles Ltd.
Linc Ltd.
Suraj Ltd.
Empire Industries Ltd.
Nahar Poly Films Ltd.
Nahar Capital And Financial Services Ltd.
Iris Clothings Ltd.

Stocks Picker Articles

02 Feb 2025 12:59

Budget 2025 Summary


The government’s focus in the budget is on development 📈...
Global growth slightly affected due to global tensions 🌍⚡...
The budget emphasizes 10 key themes 🏗...
More focus on the development of the poor 🏡, women 👩‍💼, and youth 👨‍🎓...
Increased emphasis on rural development 🚜 and manufacturing 🏭...
More reforms to be introduced in the financial sector 💰...

🔹 Key Announcements:

✅ Dhan Dhanya Yojana 🌾 to be launched in 100 districts...
✅ Special 6-year mission for Tur, Urad, and Masoor dal 🌱...
✅ Makhana Board 🍘 to be set up in Bihar...
✅ Central agencies 🏢 to purchase pulses for 4 years...
✅ New schemes 🌱 for vegetable and fruit 🍏 production in collaboration with states...
✅ Development of the marine sector 🐟...
✅ Kisan Credit Card 💳 limit increased to ₹5 lakh...
✅ Urea plant 🏭 to be set up in Assam...
✅ India Post 📦 to be developed as a major logistics organization 🚚...
✅ Special credit card 💳 for small businesses...
✅ Self-reliance in edible oils 🛢...
✅ Special schemes for footwear 👞 and leather 👜...
✅ India 🇮🇳 to become a global hub for toys 🧸...
✅ Special scheme for women from backward classes 👩‍👩‍👧‍👦...
✅ 22 lakh new jobs 🏢👷 to be created under the Leather Scheme...
✅ Launch of the National Manufacturing Mission 🏗...
✅ Increased emphasis on Indian languages 📖 in education...
✅ More IIT institutes 🎓 to be established...
✅ 75,000 new seats 🏥 in the medical field in the next 5 years...
✅ Special AI 🤖 research centers to be set up...
✅ Health insurance 🏥💊 scheme for small workers...
✅ UPI-linked card 💳 for small vendors...
✅ UPI-linked credit card limit set at ₹30,000 💰...
✅ Interest-free funds 🏗💵 for states to boost infrastructure development...
✅ ₹1 lakh crore fund 💰 announced for urban development 🏙...
✅ Increased focus on nuclear energy ⚛ by 2047...
✅ Special scheme for nuclear energy ⚛...
✅ Special scheme for the ship-breaking industry 🚢⚙...
✅ More cities 🏙 to be connected under the ‘Udaan’ 🛫 scheme...
✅ New airport ✈ to be constructed in Bihar...
✅ 40,000 housing units 🏡 to be built under the SWAMIH scheme...
✅ 52 new tourist destinations 🏝 to be developed in collaboration with states...
✅ New mining policy ⛏ to be introduced...
✅ ₹20,000 crore investment 💰 in R&D 🔬 for the private sector...
✅ All government secondary schools 🏫 to be connected with broadband 🌐...
✅ New schemes to boost exports 📦...
✅ Buddha-related sites 🏯 to be developed...
✅ Special scheme for preserving Indian scripts 📜...
✅ Easier access to funds 💵 for export promotion...
✅ New Income Tax Bill 📜 to be introduced next week...
✅ 100% FDI limit 🌍 in the insurance sector 🏦...
✅ Simplification of RE-KYC process 📑...
✅ 100% FPI limit 📊 in the insurance sector...
✅ Custom duty removed 🚫💊 on 36 life-saving medicines...
✅ Changes in custom duty on electronic goods 📱...
✅ No primary duty on lead & zinc ⚒...
✅ Duty removed 🚫 on crust leather 👜...
✅ New, simplified Income Tax law 🏦📜 to be introduced...
✅ TDS rates to be made simpler 📉...
✅ Major tax relief for senior citizens 👴👵...
✅ Tax exemption limit for senior citizens increased to ₹1 lakh 💰...
✅ TDS exemption limit on rent 🏠 increased to ₹6 lakh...
✅ No penalty 🚫 on delayed TCS payments...

🎉 Biggest Announcement
💥 No tax on income up to ₹12 lakh! 💰🎊

Stocks Picker Articles

01 Feb 2025 07:51

*Union Budget 2025-26*

Indian Finance minister starts Budget speech in the parliament.

(Fiscal deficit, Disinvestment target, Sectoral allocation, Change in Direct Tax, Capital gain and Custom duties would be important for the market)

*Union Budget 2025-26: Update*
Government focus would be on Garib (Poor), Youth, Annadata (Farmers) and Nari (Women). Also focus would be on make in India, Export, Innovation, Investment and Reforms.

*Union Budget 2025-26: Agriculture*
Government focus would be innovation, crop diversification, post-harvest, improve irrigation, long and short term credit.
(Supportive for stocks like KSCL, Jain irrigation, FACT, RCF, Paradeep, etc)

*Union Budget 2025-26: Agriculture*
Government announced mission of cotton farming, marine and pulses output.
(Supportive for sector like Textile, Marine and Agriculture)

*Union Budget 2025-26: MSME*
Government enhanced credit guarantee for MSME almost double to support employment.
(Supportive for micro finance associated companies and Banks)

*Union Budget 2025-26: Business*
To promote employment, government to facilitate focused product scheme for leather and footwear.
(Supportive for Bata, Relaxo, Campus)

*Union Budget 2025-26: Infrastructure*
To allocate 1.5 trillion rupees 50 year interest free loans for Infrastructure.
(Supportive for Welspun, Vatech, EMS, VPRPL, Ion Exchange, etc)

*Union Budget 2025-26: Power*
To focus on energy transmission and nuclear energy.
(Supportive for REC, IREDA, NTPC, Tata Power, MTAR, etc)

*Union Budget 2025-26: Shipbuilding*
To address cost government to focus on special zone and eco system.
(Supportive for Mazdock, SCI, Cochin, GE Shipping, etc)

*Union Budget 2025-26: Udaan connectivity scheme*
Government to focus on greenfield airport and connectivity.
(Supportive for Indigo, GMR and Spice Jet, etc)

*Union Budget 2025-26: Tourism*
Government to develop top destinations with key infrastructure.
(Supportive for TFCIL, Lemon Tree and ITDC etc)

*Union Budget 2025-26: Direct taxation*
Government to introduce new Income Tax Bill.

*Union Budget 2025-26: Insurance*
FDI limit raised to 100 percent for sector.
(Supportive for SBI Life, HDFC Life and ICICI Lombard etc)

Union Budget 2025-26: Fiscal Deficit
Government set target of fiscal deficit 4.8% versus estimates 4.5%.

*New Income Tax Bill*

1. will be clear and direct in text with close to half of present law in terms of chapters and words

2. will lead to tax certainty and reduced litigation

3. Delay of payment of TDS decriminalised upto due date : Same relaxation for TCS provisions

Stocks Picker Articles

01 Feb 2025 03:32

Stocks in Action

Navin Fluorine International Ltd : It is one of the largest manufacturer of specialty fluorochemicals in India. Navin Fluorine operates as one of India’s largest integrated fluorochemical complex, emerging as a preferred source and a partner of choice for diverse fluorochemicals globally. The company posted phenomenal results for the quarter ended Q3FY25 with net profit rising 7.2 % YoY basis to Rs 83.6 crore. The company’s revenue from operations increased 21.2 % YoY to Rs 606 crore. Ebitda saw a 94.8 % YoY surge to Rs 147.3, driven by improved operational efficiency. Margins expanded to 24.3 %from 15.1 % YoY.The company’s high-performance products (HPP) segment grew 22 % YoY contributing Rs 306 crore in revenues of the company, while its specialty chemicals portfolio rose 26 % to Rs 221 crore. Further, the company’s contract development and manufacturing organisation (CDMO) segment grew 8 % YoY to Rs 79 crore.Positive Navin Fluorine International given the strong fundamentals and performance of the company.

Bharat Electronics Ltd : The Company possess expertise in a spectrum of activities, encompassing the design, development, manufacturing, supply and life cycle support of strategic electronic products and systems. It holds a prominent position in the Indian Defence segment, and is making inroads into the civilian segments while expanding its defence operations into the international markets. The company posted robust Q3FY25 results, reporting a 52.5 % YoY growth in consolidated profit at Rs 1,311 crore, driven by strong operational performance and a healthy order book. Few standout features in the Q3FY25 results of BEL were a 39 % YoY growth in execution and a 330 basis points (bps) expansion in Ebitda margin to 28.9 %, surpassing expectations. Revenue grew by 47% YoY to Rs 5,643.25 crore.Despite slower order inflows during the first nine months of FY25, the company remains optimistic about meeting its FY25 order intake target of over Rs 25,000 crore, backed by a solid order book of Rs 71,100 crore and a pipeline exceeding Rs 1 lakh crore.Positive on Bharat Electronics Ltd given the strong fundamentals and performance of the company.

Stocks Picker Articles

01 Feb 2025 03:31

*Windsor Machines Ltd:* Company submitted additional details regarding the resignation of its Company Secretary/Compliance Officer, as requested by the BSE Limited. (Neutral)

*Eureka Forbes:* Company announced changes in senior management. Mr. Anirudha Katnataki resigned as Head of Strategic Projects, effective January 31, 2025. (Neutral)

*Equitas SFB:* RBI imposes Rs 65 lakh penalty on Equitas Small Finance Bank. (Neutral)

*Hero MotoCorp:* Niranjan Gupta to step down as the CEO of the company w.e.f April 30 (Neutral)

*Electrosteel Castings:* Net profit at Rs. 160 cr vs Rs 260 cr, Revenue at Rs. 1777 cr vs Rs 1870 cr (YoY) (Negative)

*Aviation stocks:* ATF prices increased by Rs 5078.25/kg ltr (Negative)

Stocks Picker Articles

31 Jan 2025 04:48

*Corporate Actions*

Greenlam Industries has approved issue bonus shares in the ratio of 1:1 i.e. 1 new equity share for every 1 existing equity share, subject to the approval of the Shareholders of the Company.

*Dividend*

*31-Jan-25*
TORNTPHARM: Interim Dividend - Rs. - 26.00
PERSISTENT: Interim Dividend - Rs. - 20.00
COALINDIA: Interim Dividend - Rs. - 5.60
ACGL: Interim Dividend - Rs. - 5.00
ROUTE: Interim Dividend - Rs. - 3.00
NTPC: Interim Dividend - Rs. - 2.50
SHRIRAMFIN: Interim Dividend - Rs. - 2.50
GOTHIPL: Interim Dividend - Rs. - 2.00
IEX: Interim Dividend - Rs. - 1.50
EMERALD: Interim Dividend - Rs. - 0.06
EMBASSY: Income Distribution RITES

*IPO*
Dr. Agarwal's Healthcare: Open: 29-Jan-25; Close: 31-Jan-25

*Buyback*
---

*Bonus*
Indraprastha Gas: Bonus Issue 1:1; Ex-Date: 31-Jan-25

*Stock Split*
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*
California Software: Open: 24-Jan-25; Close: 31-Jan-24
GTT Data Solutions: Open: 27-Jan-25; Close: 04-Feb-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*
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24

Stocks Picker Articles

31 Jan 2025 03:56

Bulk Deal & Insider Trade Update*

*Bulk Deals*
*Aayush: Multitude Growth Funds Limited Sell 249922 Shares @ Rs. 52.15

*Insider Trade*
*Acquisition*
* Oil Country Tubular Ltd.: United Steel Allied Industies Private Limited, Promoter Group, Acquisition 3550000 shares on 29-Jan-25
* Black Rose Industries Ltd.: Mr. Anup Jatia, Director, Acquisition 28800000 shares on 27-Jan-25
* Nhc Foods Ltd.: Satyam Shirishchandra Joshi, Director, Acquisition 2999997 shares on 29-Jan-25
* Rajnish Retail Ltd: Mr. Promoter, Acquisition 3450000 shares
* Blb Ltd.: Brij Rattan Bagri, Promoter & Director, Acquisition 170368 shares on 29-Jan-25
* Lt Foods Ltd.: Aditya Arora, Promoter Group, Acquisition 1000 shares on 30-Jan-25
* Omaxe Ltd.: Rohtas Goel, Promoter, Acquisition 1304000 shares on 27-Jan-25
* Valencia Nutrition Ltd:, Promoter, Acquisition 6335000 shares
* Arkade Developers Ltd: Amit Mangilal Jain, Promoter, Acquisition 300000 shares on 29-Jan-25

*Disposal*
* Onesource Industries And Ventures Ltd: VIBHU MAURYA, Promoter, Disposal 1128000 shares on 29-Jan-25
* Omaxe Ltd.: Sunil Goel, Promoter, Disposal 1304000 shares on 27-Jan-25

*Pledge*
* Mangalam Industrial Finance Ltd: YATIN SANJAY GUPTE, Promoter & Director, Pledge 13571430 shares

*Dividend Update*
*Coal India Ltd.: Interim Dividend 0.00; Ex Date: 31-Jan-2025
*Emerald Finance Ltd.: Interim Dividend Rs. 0.06; Ex Date: 31-Jan-2025
*Gothi Plascon (India) Ltd.: Interim Dividend 0.00; Ex Date: 31-Jan-2025
*Indian Energy Exchange Ltd.: Interim Dividend 0.00; Ex Date: 31-Jan-2025
*Persistent Systems Ltd.: Interim Dividend Rs. 20.00; Ex Date: 31-Jan-2025
*Route Mobile Ltd.: Interim Dividend 0.00; Ex Date: 31-Jan-2025
*Torrent Pharmaceuticals Ltd.: Interim Dividend 0.00; Ex Date: 31-Jan-2025

*Result Today*
Sun Pharmaceutical Industries Ltd.
Oil & Natural Gas Corporation Ltd.
Nestle India Ltd.
Cholamandalam Investment and Finance Company Ltd.
Marico Ltd.
IndusInd Bank Ltd.
Vishal Mega Mart Ltd.
LIC Housing Finance Ltd.
Bandhan Bank Ltd.
Nuvama Wealth Management Ltd.
Poonawalla Fincorp Ltd.
Triveni Turbine Ltd.
Inox Wind Ltd.
Pfizer Ltd.
Five-Star Business Finance Ltd.
Jubilant Pharmova Ltd.
Relaxo Footwears Ltd.
Aptus Value Housing Finance India Ltd.
Jyothy Labs Ltd.
City Union Bank Ltd.
Inox Wind Energy Ltd.
Gujarat Mineral Development Corporation Ltd.
Medplus Health Services Ltd.
Electrosteel Castings Ltd.
The Karnataka Bank Ltd.
LS Industries Ltd.
Mahindra Holidays & Resorts India Ltd.
Equitas Small Finance Bank Ltd.
GHCL Ltd.
Mahindra Lifespace Developers Ltd.
The Anup Engineering Ltd.
Dhani Services Ltd.
Inox Green Energy Services Ltd.
Sundaram-Clayton Ltd.
LG Balakrishnan & Bros Ltd.
Marsons Ltd.
Summit Securities Ltd.
Flair Writing Industries Ltd.
Vadilal Industries Ltd.
Mayur Uniquoters Ltd.
Panama Petrochem Ltd.
Dynacons Systems & Solutions Ltd.
Pudumjee Paper Products Ltd.
Hexa Tradex Ltd.
Sat Industries Ltd.
Xchanging Solutions Ltd.
Macfos Ltd.
Credo Brands Marketing Ltd.
Kwality Pharmaceuticals Ltd.
Silver Touch Technologies Ltd.
Iris Business Services Ltd.
Nectar Lifesciences Ltd.
Integra Engineering India Ltd.
Kronox Lab Sciences Ltd.
Vadilal Enterprises Ltd.
Speciality Restaurants Ltd.
Sinclairs Hotels Ltd.
SRG Housing Finance Ltd.

Stocks Picker Articles

31 Jan 2025 03:10

*Jindal Stainless:* Net profit at Rs 654.3 cr vs Rs 692.3 cr, Revenue at Rs. 9907 cr vs Rs 9127 cr (YoY). (Neutral)

*Concor:* Net Profit at ₹366.7 Cr Vs ₹330.7 Cr, Revenue at ₹2,208.3 Cr Vs ₹2,210.6 Cr (YoY) (Neutral)

*DLF LTD:* Deepak Bakshi, Group Head - Health, Safety, Security and Environment, resigned from DLF Ltd on January 29, 2025, due to personal reasons. (Neutral)

*NBCC, Phoenix, Solar Industries India and Torrent Power:* F&O Inclusions from today (Neutral)

*M&M:* Board meeting will be held on Friday, 7th February, 2025 to inter alia, consider and approve the Financial Results of the Company. (Neutral)

*JSW Steel:* Completes Acquisition of Thyssenkrupp Electrical Steel India (Neutral)

*JSW Energy:* Company revises its capital expenditure or capex target for fiscal 2024-25 to Rs 10,000 crore. (Neutral)

*Insurance Stocks:* IRDAI caps premium hike for senior citizens at 10% (Neutral)

*Tata Tech:* Company has become aware of a ransomware incident that has affected a few of IT assets. (Neutral)

*Heidelberg cement:* Net profit at Rs 5.1 cr vs Rs 31.4 cr, Revenue at Rs. 543 cr vs Rs 607 cr (YoY) (Negative)

*Star cement:* Net profit at Rs 9.0 cr vs Rs 74.0 cr, Revenue at Rs. 719 cr vs Rs 651 cr (YoY) (Negative)

*Coromandel:* Net profit at Rs 507 cr vs Rs 659 cr, Revenue at Rs. 6935 cr vs Rs 7433 cr (YoY) (Negative)

*Goa Carbon:* Net loss at Rs 8.3 cr vs profit Rs 34.6 cr, Revenue at Rs. 129 cr vs Rs 232 cr (YoY) (Negative)

*De Nora:* Net loss at Rs 7.8 cr vs profit Rs 6.5 cr, Revenue at Rs. 1756 cr vs Rs 2939 cr (YoY) (Negative)

Stocks Picker Articles

30 Jan 2025 12:37

WAAREE ENERGIES Q3 NET PROFIT AT 492 CR V 124 CR YOY

REVENUE AT 3457 CR V 1597 CR

WAAREE ENERGIES Q3 EBITDA AT 721 CR V 171 CR YOY

MARGINS AT 20.8 % V 10.7 %

Stocks Picker Articles

14 Feb 2025 04:26

*Corporate Actions*

Mahindra Lifespace Developers has approved fund-raising of up to Rs 1,500 crore via a rights issue.

*Dividend*

*14-Feb-25*
AARTIPHARM: Interim Dividend - Rs. - 2.50
ADVANIHOTR: Interim Dividend - Rs. - 1.00
AKCAPIT: Interim Dividend - Rs. - 12.00
ALKEM: Interim Dividend - Rs. - 37.00
APOLLOHOSP: Interim Dividend - Rs. - 9.00
BANCOINDIA: Interim Dividend - Rs. - 11.00
BDL: Interim Dividend - Rs. - 4.00
BEML: Interim Dividend - Rs. - 5.00
CUMMINSIND: Interim Dividend - Rs. - 18.00
DHRUV: Interim Dividend - Rs. - 0.10
EKI: Interim Dividend - Rs. - 2.00
ENGINERSIN: Interim Dividend - Rs. - 2.00
ESCORTS: Interim Dividend - Rs. - 10.00
GOLDIAM: Interim Dividend - Rs. - 1.00
GULFOILLUB: Interim Dividend - Rs. - 20.00
KIRLFER: Interim Dividend - Rs. - 3.00
MAJESAUT: Interim Dividend - Rs. - 5.00
MOIL: Interim Dividend
MRF: Interim Dividend - Rs. - 3.00
MSTCLTD: Interim Dividend - Rs. - 32.00
NATIONALUM: Interim Dividend - Rs. - 4.00
NICCOPAR: Interim Dividend
PIIND: Interim Dividend - Rs. - 6.00
PREMIERENE: Interim Dividend - Rs. - 0.50
RECLTD: Interim Dividend - Rs. - 4.30
SAREGAMA: Interim Dividend - Rs. - 4.50
TANAA: Interim Dividend - Rs. - 1.50

*17-Feb-25*
AEPL: Interim Dividend - Rs. - 0.0050
BECTORFOOD: Interim Dividend - Rs. - 3.00
CAMPUS: Interim Dividend
GARUDA: Interim Dividend - Rs. - 0.0250
IRCON: Interim Dividend
OIL: Interim Dividend - Rs. - 7.00
PREMCO: Interim Dividend - Rs. - 2.00

*IPO*
Hexaware Technologies: Open: 12-Feb-25; Close: 14-Feb-24
Quality Power Electrical Equipments: Open: 14-Feb-25; Close: 18-Feb-24

*Buyback*
---

*Bonus*
Richfield Financial Services: Bonus Issue 1:1; Ex-Date: 14-Feb-25
Transformers And Rectifiers: Bonus Issue 1:1; Ex-Date: 14-Feb-25

*Stock Split*
Ascensive Educare: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 14-Feb-25
Capital India Finance: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 17-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 19-Feb-25

*Right Issue*
GTT Data Solutions: Open: 27-Jan-25; Close: 18-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Jyoti Structures: Open: 17-Feb-25; Close: 03-Mar-24
Thangamayil Jewellery: Open: 21-Feb-25; Close: 04-Mar-24
Harshil Agrotech: Open: 18-Feb-25; Close: 17-Mar-24

*Open Offer*
Aavas Financiers: Open: 21-Feb-25; Close: 07-Mar-25

Stocks Picker Articles

14 Feb 2025 04:18

Try emojis, would be nice

Stocks Picker Articles

04 Feb 2025 03:38

*Fund Houses Recommendations*


Jefferies on *ONGC:* Maintain Buy on Company, target price at Rs 375/Sh (Positive)

MS on *Maruti:* Maintain Overweight on Company, target price at Rs 14942/Sh (Positive)

GS on *Adani Ports:* Maintain Buy on Company, target price at Rs 1560/Sh (Positive)

Nuvama on *Divis Lab:* Maintain Buy on Company, target price at Rs 6830/Sh (Positive)

Citi on *Divis Lab:* Maintain Buy on Company, target price at Rs 6850/Sh (Positive)

Bernstein on *PayTM:* Maintain Outperform on Company, target price at Rs 1100/Sh (Positive)

Citi on *LIC Housing:* Maintain Buy on Company, raise target price at Rs 851/Sh (Positive)

Nomura on *LIC Housing:* Maintain Buy on Company, raise target price at Rs 735/Sh (Positive)

HSBC on *Aster DM:* Maintain Buy on Company, target price at Rs 580/Sh (Positive)

MOSL on *Vinati Organics:* Maintain Buy on Company, target price at Rs 2600/Sh (Positive)

HSBC on *Indian Banks:* RBI credit data shows growth under pressure, with weak demand and reduced risk appetite slowing retail loan growth. (Neutral)

Jefferies on *Divis Lab:* Maintain Neutral on Company, target price at Rs 6280/Sh (Neutral)

GS on *Divis Lab:* Maintain Neutral on Company, target price at Rs 5925/Sh (Neutral)

Citi on *Gland Pharma:* Maintain Sell on Company, target price at Rs 1420/Sh (Neutral)

Kotak on *Premier Energy:* Maintain Sell on Company, raise target price at Rs 840/Sh (Neutral)

Jefferies on *LIC Housing:* Maintain Buy on Company, cut target price at Rs 700/Sh versus Rs 795/Sh (Neutral)

Nuvama on *Aarti Ind:* Downgrade to Reduce on Company, cut target price at Rs 396/Sh (Negative)

JP Morgan on *Bandhan Bank:* Downgrade to Neutral on Company, cut target price at Rs 155/Sh versus Rs 250/Sh (Negative)

Jefferies on *Gland Pharma:* Maintain Underperform on Company, cut target price at Rs 1350/Sh versus Rs 1630/Sh (Negative)

Stocks Picker Articles

04 Feb 2025 03:32

*Stocks in News*


*Nahar Spinning:* Net profit at Rs. 0.7 cr vs Rs loss 15.2 cr, Revenue at Rs. 812 cr vs Rs 758 cr (YoY) (Positive)

*Premier Energies:* Net profit at Rs. 255.2 cr vs Rs 43.2 cr, Revenue at Rs. 1713.3 cr vs Rs 712 cr (YoY) (Positive)

*Sky Gold:* Net profit at Rs.36.5 cr vs Rs 9 cr, Revenue at Rs. 998 cr vs Rs 460 cr (YoY). (Positive)

*Tiger Logistics:* Net profit at Rs.8.4 cr vs Rs 3.7 cr, Revenue at Rs. 160 cr vs Rs 51.9 cr (YoY). (Positive)

*GR Shipbuilders:* Net profit at Rs.98.2 cr vs Rs 88.3 cr, Revenue at Rs. 1271 cr vs Rs 924 cr (YoY) (Positive)

*Thyrocare:* Net profit at Rs 19.1 cr vs Rs 15.4 cr, Revenue at Rs. 165.9 cr vs Rs 134.7 cr (YoY) (Positive)

*Castrol:* Net profit at Rs. 270 cr vs Rs 240 cr, Revenue at Rs. 1354 cr vs Rs 1260 cr (YoY) (Positive)

*NLC India:* Net profit at Rs. 668 cr vs Rs 250 cr, Revenue at Rs. 4411 cr vs Rs 3164 cr (YoY) (Positive)

*Bajaj Steel:* Net profit at Rs. 13.7 cr vs Rs 10 cr, Revenue at Rs. 140 cr vs Rs 126 cr (YoY) (Positive)

*Subros:* Net profit at Rs.32.9 cr vs Rs 26.9 cr, Revenue at Rs. 821 cr vs Rs 732.5 cr (YoY) (Positive)

*KEC INT:* Net profit at Rs.130 cr vs Rs 96.9 cr, Revenue at Rs. 535 cr vs Rs 500 cr (YoY) (Positive)

*Bombay Dyeing:* Net profit before exceptional items at Rs.43.1 cr vs loss Rs 73.2 cr, Revenue at Rs. 415 cr vs Rs 369 cr (YoY) (Positive)

*Indraprashtha Med:* Net profit at Rs.32.8 cr vs Rs 29.4 cr, Revenue at Rs. 325 cr vs Rs 306 cr (YoY) (Positive)

*GICRE:* Net profit at Rs.1620 cr vs Rs 1518 cr, Premium earned at Rs. 8539 cr vs Rs 7758 cr (YoY) (Positive)

*Sadhana Nitrochem:* Net profit at Rs.2.6 cr vs Rs 0.9 cr, Revenue at Rs. 37 cr vs Rs 44 cr (YoY). (Positive)

*Central Bank of India:* Bank Enters Co-Lending Partnership with Vastu Housing Finance. (Positive)

*Refractory Shapes:* Company completed supply to ArcelorMittal Nippon Steel India. (Positive)

*Eicher Motors:* Total sales for Jan up 20% YoY; YTD sales up 7% YoY (Positive)

*Creditaccess Grameen:* Company Secures USD 50 Million from International Finance Corporation to Promote Financial Inclusion For Underserved. (Positive)

*Innovative Ideals:* Company has signed a contract with Codeplay Labs Pvt Ltd to become the exclusive distributor of Innovative-DoorVi in Maharashtra. (Positive)

*Ganesha Ecosphere:* Company to Increase Size of Its Expansion Plan in Odisha by another 45000 TPA. (Positive)

*HFCL:* Company to set up fiber cable manufacturing facility in Poland. (Positive)

*Praj Ind:* Ashish Gaikwad appointed as MD (Positive)

*Vedanta:* S&P Says Stable Outlook Reflects Expectation That Vedanta Resources Operating Performance Will Support Generation of Dividends and Brand Fees (Positive)

*Gujarat Gas:* No Adverse Observation Letter on merger with GSPL received from BSE Limited. (Positive)

*Ward wizard:* Company foray into fleet operations with the deployment of 100 electric vehicles (EVs) in Hyderabad. (Positive)

*Power Grid:* Net profit at Rs.3862 cr vs poll Rs 4021 cr, Revenue at Rs. 11233 cr vs poll Rs 11606 cr (YoY) (Neutral)

*Gland Pharma:* Net profit at Rs.205 cr vs Rs 192 cr, Revenue at Rs. 1384 cr vs Rs 1545 cr (YoY) (Neutral)

*Welspun Ent:* Net profit at Rs.77.5 cr vs Rs 89.5 cr, Revenue at Rs. 866.9 cr vs Rs 706.7 cr (YoY) (Neutral)

*Linc:* Net profit at Rs.8.8 cr vs Rs 7.5 cr, Revenue at Rs. 118 cr vs Rs 120 cr (YoY) (Neutral)

*Shriram Pistons:* Net profit at Rs.120 cr vs Rs 107 cr, Revenue at Rs. 848 cr vs Rs 766 cr (YoY) (Neutral)

*GDL:* Net profit at Rs.455 cr vs Rs 6.3 cr (Exc profit Rs 390 cr), Revenue at Rs. 400 cr vs Rs 390 cr (YoY) (Neutral)

*HFCL:* Net profit at Rs. 73.7 cr vs Rs 82.2 cr, Revenue at Rs. 1010 cr vs Rs 1030 cr (YoY) (Neutral)

*Cipla:* Company to Invest ZAR 900 Million in South African Subsidiary. (Neutral)

*Orient Electric:* Company received a GST demand order for Rs. 26.07Cr plus penalties and interest. (Neutral)

Stocks Picker Articles

03 Feb 2025 04:30

*Budget Impact Stocks- Winners*

ITC-Jefferies say Co clear winner

CITI on Consumption - Tax rate changes are positive - Like Maruti & Indigo

CLSA on Capex - Top picks - L&T, HAL, NJCC & JKIL

UBS on India Industrial & Infrastructure - Power equipment's will continue to outperform pure industrials.

UBS on Autos - Higher disposable income should drive 2W/ car demand, especially for urbanfocused segments like scooters, 125cc + motorcycles, entry-mid segment cars.

GS on Autos -2W companies as more meaningful beneficiaries, TVS Motor, Hero MotoCorp, Eicher Motors, Bajaj Auto and Maruti Suzuki in that order

Separately, the pickup in budgeted government capex in FY26E to +10% growth vs +8% growth in FY25E, should be supportive to Ashok Leyland

Stocks Picker Articles

03 Feb 2025 04:29

*Forthcoming Event*

03rd February: CASTROLIND, GATEWAY, GRSE, KPRMILL, MANINFRA, NLCINDIA, POWERGRID, PREMIERENE, SHRIPISTON, SUNDARMFIN, SURAJLTD, TIINDIA to consider Dividend; Dhruva Capital Services, Nandani Creation, Shine Fashion (India) to consider Fund Raising

04th February: GPTINFRA, HIKAL, JBCHEPHARM, KIRLFER, MAJESAUT, TORNTPOWER to consider Dividend; Happiest Minds Technologies to consider Scheme of Arrangement; Celebrity Fashions, Swelect Energy Systems to consider Fund Raising

05th February: AARTIPHARM, BECTORFOOD, CMSINFO, CUMMINSIND, DHRUV, DISAQ, PAGEIND, SYMPHONY, TANAA, VEEDOL, VRLLOG to consider Dividend; Panabyte Technologies, Shah Metacorp, Medi Assist Healthcare Services to consider Fund Raising; Info Edge (India) to consider Stock Split

06th February: BDL, BEML, COCHINSHIP, EXPLEOSOL, GREENPANEL, GULFOILLUB, HEROMOTOCO, ITC, MINDACORP, MRF, PIIND, PREMCO, RECLTD, TCIEXP, UNIPARTS to consider Dividend; Aadhar Housing Finance, Dipna Pharmachem, India Shelter Finance Corporation, Max India to consider Fund Raising; UNO Minda to consider Dividend & Fund Raising; Visagar Polytex to consider Scheme of Arrangement; Pervasive Commodities to consider Stock Split

07th February: ALKEM, FSL, GOLDIAM, NHPC, UNIDT to consider Dividend; Edelweiss Financial Services to consider Fund Raising

08th February: BANCOINDIA to consider Dividend; Exxaro Tiles to consider Fund Raising; Exxaro Tiles to consider Fund Raising

10th February: 7TEC, CRISIL, ESABINDIA, ESCORTS, GILLETTE, HONDAPOWER, MSTCLTD to consider Dividend; Fiberweb (India) to consider Fund Raising

11th February: IRCTC, MOIL, NBCC, PGHH to consider Dividend;

12th February: AMRUTANJAN, NATCOPHARM, PGHL, SUPRAJIT to consider Dividend; Muthoot Finance to consider Fund Raising

13th February: MANAPPURAM, MODISONLTD to consider Dividend; Bal Pharma to consider Fund Raising

14th February: PRITHVIEXCH to consider Dividend;

17th February: ABB to consider Dividend;

Stocks Picker Articles

03 Feb 2025 03:36

*Stocks in News*


*Anant Raj:* Net profit at Rs 110 cr, up 55%. Revenue at Rs 534 cr vs Rs 392 cr (YoY) (Positive)

*Moil:* Company’s production of 1.6 lakh tonnes of Manganese Ore Sales up 17% YoY at 1.57 lakh tonnes. (Positive)

*Lemon Tree:* Company signed a Concession Agreement with Meghalaya Tourism Development Corporation for the redevelopment, operation, and maintenance of Orchid Hotel in Shillong. (Positive)

*Kirloskar Ferrous Industries:* Company’s 70 MW DC solar plant is fully operational. (Positive)

*Easy Trip Planners:* Company incorporated a wholly-owned subsidiary, Easy Trip Planners Do Brasil Ltda., in Brazil on January 30, 2025. (Positive)

*International Conveyors:* Company announced the acquisition of Gulshan Polyols Limited. (Positive)

*Eicher Motors:* Total sales for Jan up 20% YoY; YTD sales up 7% YoY (Positive)

*Globus Spirits:* Rajasthan excise policy, net selling value per unit across brands to increase by 4.35% from 1st April 2025 (Positive)

*Lupin:* Receives zero Form 483 observation for USA plant. (Positive)

*Neogen:* Net profit of ₹10 crore from ₹1 crore, Revenue up 22.5% to ₹201.4 crore. (Positive)

*Aarti Industries:* Net profit at Rs. 46 cr vs Rs 124 cr, Revenue at Rs. 1840 cr vs Rs 1732 cr (YoY) (Neutral)

*GR Infra:* Net profit up 7.8% at ₹261.7 cr vs ₹242.7 cr, Revenue down 20.6% at ₹1,694.5 cr vs ₹2,134 cr (YoY) (Neutral)

*Hero Motocorp:* Total sales up 2% at 4.42 lk units vs 4.33 lk units (YoY) (Neutral)

*Happiest Minds:* Company acquires Gavs’ Middle East business in $1.7 million deal (Neutral)

*Coal India:* Coal Production down 0.8% at 77.8 mt vs 78.4 mt (YoY) (Neutral)

*Maiden Forgings:* Company announced it received a crisil BBB/Stable rating for its bank facilities totaling Rs. 42.5Cr. (Neutral)

*Indian Bank:* Bank to Hike Lending Rates by 5 bps in Most Tenures, Effective February 3, 2025 (Neutral)

*Nuvoco Vistas:* Company’s subsidiary received a demand order from the Joint Commissioner, Central Goods & Services Tax, West Bengal. The order alleges inadmissible input tax credit of Rs. 4.74 Cr. (Neutral)

*Auro Impex:* Company announced the resignation of Mr. Raghav Jhunjhunwala, Company Secretary and Compliance Officer. (Neutral)

*TVS Holdings:* Company acquired 80.74% stake in Home Credit India Fiannce Private Limited. (Neutral)

*Max Healthcare:* Company announced an investment of approximately Rs. 50 Crore in its wholly-owned subsidiary, Jaypee Healthcare Limited. (Neutral)

*Mishtann Foods:* Company announced the resignation of its Company Secretary & Compliance Officer. (Neutral)

*Mazagon Dock:* Company announced changes in senior management effective February 1, 2025. Cdr. D K Jain retired after superannuation, while Shri. A Vinod received an internal promotion to ED (Technical) (Neutral)

*V-Guard:* Company’s subsidiary received three demand notices totaling approximately Rs. 4.52 Crore from West Bengal's Commercial Taxes department. (Neutral)

*GICRE:* Company received a tax demand of Rs. 138.46 Cr from the Additional Commissioner CGST & Central Excise, Mumbai South Commissionerate. (Negative)

*KEI Industry:* Company received a GST demand order for Rs. 59.03 Cr in tax and an equal amount in penalties and interest from the additional commissioner, central goods and services tax Delhi East. (Negative)

*V.S.T. Tillers Tractors:* Company reported January 2025 sales 3416 total power tillers and tractors, compared to 4146 in January 2024. (Negative)

Stocks Picker Articles

01 Feb 2025 08:04

New Income Tax Slabs (Budget 2025)

• ₹0-4 Lakh : NIL
• ₹4-₹8 Lakh : 5%
• ₹8-₹10 Lakh: 10%
• ₹12-₹16 Lakh: 15%
• ₹16-₹20 Lakh: 20%
• ₹20-₹24 Lakh: 25%

Stocks Picker Articles

01 Feb 2025 07:50

NO TAX FOR INCOME UPTO 12 LAKHS

Stocks Picker Articles

01 Feb 2025 03:32

*Fund Houses Recommendations*


Citi on *Nestle:* Maintain Buy on company, raise target price at Rs 2800/Sh (Positive)

CLSA on *ONGC:* Maintain Buy on Company, target price at Rs 360/Sh (Positive)

CLSA on *Vedanta:* Maintain Buy on Company, raise target price at Rs 530/Sh (Positive)
GS on *Union Budget:* Strong tax collections support spending, capex likely peaked at 3.2% of GDP in FY24, FY26 fiscal deficit expected at 4.5%. (Positive)

Axis on *Union Budget:* FY26 Budget to be growth-focused with higher rural spending, infra push, and job creation, fiscal deficit likely below 4.9% in FY25. (Positive)

JP Morgan on *Union Budget:* Government will continue to prioritize *infra* and public investment. (Positive)

ICRA on *Union Budget:* FY26 Budget to focus on capex, jobs, and manufacturing, fiscal deficit target seen at 4.5%, capex target at ₹11T, RBI dividend could be key. (Positive)

BofA on *Union Budget:* India on track to meet fiscal targets, FY25 deficit seen at 4.9% of GDP, no new fiscal targets expected this year. (Neutral)

William O'Neil on *Union Budget:* Budget to prioritize capex, jobs, and manufacturing, FY26 capex allocation likely at ₹11T, expansion of PLI scheme to spur investment. (Neutral)

Nuvama on *Union Budget:* Fiscal deficit target of 4.5% for FY26, slowest public spending growth in 3 years, disinvestment push missing, RBI to play a bigger role. (Neutral)

UBS on *Union Budget:* Fiscal deficit for FY25 seen at 4.8% vs 4.9% target, capex expected at 3% of GDP, fiscal consolidation to shift towards debt reduction from FY27E. (Neutral)

Nuvama on *Sun Pharma:* Maintain Buy on Company, target price at Rs 1830/Sh (Neutral)

Nuvama on *Indusind Bank:* Maintain Hold on Company, cut target price at Rs 1115/Sh (Neutral)

Macquarie on *Bandhan Bank:* Maintain Outperform on Company, target price at Rs 220/Sh (Neutral)

Stocks Picker Articles

01 Feb 2025 03:31

*Stocks in News*


*Godrej Agrovet:* Net profit at Rs. 109.5 cr vs Rs 82.9 cr, Revenue at Rs. 2450 cr vs Rs 2345 cr (YoY) (Positive)

*Triveni Turbine:* Net profit at Rs 92.4 cr vs Rs 68.2 cr, Revenue at Rs. 503 cr vs Rs 431 cr (YoY) (Positive)

*VMM:* Net profit at Rs 262.7 cr vs Rs 205.3 cr, Revenue at Rs. 3136 cr vs Rs 2623 cr (Positive)

*Inox Green Energy:* Net profit at Rs 4.1 cr vs Rs -1.5 cr, Revenue at Rs. 61.1 cr vs Rs 60.0 cr (YoY) (Positive)

*City Union Bank:* Net profit at Rs.286 cr vs Rs 253 cr, NII at Rs. 587.7 cr vs Rs 516 cr (YoY) (Positive)

*Waaree Energies:* Arm Waaree Clean Energy Solutions gets notification of award NoA from SECI for setting up production facility of 90,000/MT/Annum for green hydrogen. (Positive)

*Refractory Shapes:* Company announces plant expansion 1 lakh sqft covered production area added at Wankaner plant. (Positive)

*Tube Investments:* Company Acquires 67% Equity in Kcaltech System India. (Positive)

*East West Freight:* Company announced a significant new service contract with A.Raymonds, a global leader in fastening solutions for various industries. (Positive)

*Rain Industries:* Company to Set Up Coal Tar Distillation Facility in Apsez Phase I Slated To Commence In H2 2025. (Positive)

*Auro Pharma:* Arm CuraTeQ Biologics gets positive opinion from Committee for Medicinal Products for Human Use (CHMP) within the European Medicines Agency (EMA) for Dyrupeg (Positive)

*Vedanta:* Company Says Successful Production Of 1st Slab From Rolled Products Debottlenecking At Balco. (Positive)

*Engineers India:* HPCL has awarded the Project worth of Rs 222 crore for Project Management Consultant services for LMBU project. (Positive)

*Nestle:* Company said it has added a new KitKat production line at its Sanand Factory in Gujarat. (Positive)

*Karnataka Bank:* Net profit at Rs. 284 cr vs Rs 331 cr, NII at Rs. 793 cr vs Rs 828 cr (YoY). (Neutral)

*Phoenix Mills:* Net profit at Rs 264.8 cr vs Rs 279.0 cr, Revenue at Rs. 975 cr vs Rs 986 cr (YoY) (Neutral)

*Pfizer:* Net profit at Rs. 127.6 cr vs Rs 130 cr, Revenue at Rs. 538 cr vs Rs 540 cr (YoY) (Neutral)

*IRB Infra: Net profit at Rs. 127.6 cr vs Rs 130 cr, Revenue at Rs. 538 cr vs Rs 540 cr (YoY) (Neutral)

*Poonawalla Fincorp:* Net profit at Rs. 18.7 cr vs Rs 265 cr, NII at Rs. 1057 cr vs Rs 763 cr (YoY) (Neutral)

*Aster DM:* Net profit at Rs 57 cr vs Rs 179 cr, Revenue at Rs. 1050 cr vs Rs 955 cr (YoY) (Neutral)

*Sheela Foam:* Net profit at Rs 19.0 cr vs Rs 30.0 cr, Revenue at Rs. 967 cr vs Rs 879 cr (YoY) (Neutral)

*LIC Housing:* Net profit at ₹1,432 cr vs poll of ₹1,294 cr, NII at ₹1,997.1 cr vs poll of ₹2,028 cr (Neutral)

*Indusind Bank:* Net profit at Rs 1402.0 crore versus poll of Rs 1397.0 crore, NII at Rs 5228.0 crore versus poll of Rs 5386.0 crore (Neutral)

*ONGC:* Revenue at ₹33,716.8 cr vs poll of ₹31,700 cr, EBITDA at ₹18,950 cr vs poll of ₹17,686 cr (Neutral)

*Maha Life:* Net loss at Rs 22.5 cr vs Rs 49.9 cr, Revenue at Rs. 167.0 cr vs Rs 81 cr (YoY) (Neutral)

*PFizer:* Net profit at Rs 128 cr, down 1.9 percent. Revenue at Rs. 538 cr vs Rs 540 cr (YoY) (Neutral)

*National Aluminum:* Company to Consider Q3 Result on Feb.10 (Neutral)

*Infosys:* SEBI issues an order against Keyur Maniar and Ramit Chaudhri for insider trading in Infosys shares. (Neutral)

*Gujarat Apollo:* Company announced that its subsidiary completed the acquisition of 100% equity shares of Fieldtrack Earthmovers Private Limited. (Neutral)

*Neogen Chemicals:* Company announces the successful amalgamation of its wholly-owned subsidiary, Buli Chemicals India Private Limited, effective January 31, 2025. (Neutral)

*Kaynes Technology:* Company announced the resignation of Mr. R Balasubramanian as Deputy Chief Financial Officer. (Neutral)

*P N Gadgil:* Company announced the resignation of its Company Secretary & Compliance Officer, Ms. Hiranyamai Kulkarni, and effective February 11, 2025. (Neutral)

Stocks Picker Articles

31 Jan 2025 04:48

*Forthcoming Event*

31st January: CHOLAFIN, INDTONER, MARICO, NESTLEIND, ONGC, SUNPHARMA, TRITURBINE to consider Dividend; Poonawalla Fincorp, Cerebra Integrated Technologies to consider Fund Raising

03rd February: CASTROLIND, GRSE, KPRMILL, TIINDIA to consider Dividend; Nandani Creation to consider Fund Raising

04th February: GPTINFRA to consider Dividend; Happiest Minds Technologies to consider Scheme of Arrangement

05th February: CUMMINSIND, PAGEIND, VRLLOG to consider Dividend

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

07th February: FSL, GOLDIAM to consider Dividend

08th February: Exxaro Tiles to consider Fund Raising

10th February: CRISIL, ESABINDIA to consider Dividend

12th February: SUPRAJIT to consider Dividend; Muthoot Finance to consider Fund Raising

13th February: Bal Pharma to consider Fund Raising

Stocks Picker Articles

31 Jan 2025 03:55

*Fund Houses Recommendations*


Nomura on *BEL:* Maintain Buy on company, target price at Rs 363/Sh (Positive)

Jefferies on *BEL:* Maintain Buy on Company, target price at Rs 370/Sh (Positive)

Macquarie on *BEL:* Maintain Buy on Company, target price at Rs 350/Sh (Positive)

Jefferies on *Shree Cem:* Maintain Buy on Company, raise target price at Rs 30670/Sh (Positive)

JP Morgan on *Shree Cem:* Maintain Neutral on Company, raise target price at Rs 27367/Sh (Positive)

HSBC on *RR Kabel:* Maintain Buy on Company, target price at Rs 1600/Sh (Positive)

Nomura on *GAIL:* Maintain Buy on Company, target price at Rs 240/Sh (Positive)

MS on *Adani Ports:* Maintain Overweight on Company, target price at Rs 1648/Sh (Positive)

Jefferies on *Adani Ports:* Maintain Buy on Company, target price at Rs 1440/Sh (Neutral)

Nomura on *Tata Consumer:* Maintain Buy on Company, target price at Rs 1250/Sh (Neutral)

GS on *Tata Consumer:* Maintain Neutral on Company, target price at Rs 1040/Sh (Neutral)

Nomura on *Dabur:* Maintain Buy on Company, target price at Rs 625/Sh (Neutral)

MS on *Dabur:* Maintain Equal weight on Company, target price at Rs 531/Sh (Neutral)

JP Morgan on *Dabur:* Maintain Neutral on Company, cut target price at Rs 550/Sh (Neutral)

Nomura on *Lal Pathlabs:* Maintain Buy on Company, target price at Rs 3315/Sh (Neutral)

Nuvama on *L&T:* Maintain Buy on Company, cut target price at Rs 4000/Sh from Rs 4040/Sh (Neutral)

Jefferies on *L&T:* Maintain Buy on Company, cut target price at Rs 4500/Sh from Rs 4600/Sh (Neutral)

HSBC on *Bank Baroda:* Maintain Hold on Bank, cut target price at Rs 250/Sh (Neutral)

MS on *PB Fintech:* Maintain Underweight on Company, target price at Rs 1400/Sh (Neutral)

Macquarie on *PB Fintech:* Maintain Underperform on Company, target price at Rs 1530/Sh (Neutral)

Nuvama on *SRF:* Maintain Buy on Company, target price at Rs 2929/Sh (Neutral)

Stocks Picker Articles

31 Jan 2025 03:09

*Stocks in News*


*Subros:* Net profit at Rs 32.9 cr vs Rs 28.6 cr, Revenue at Rs. 821 cr vs Rs 732 cr (YoY) (Positive)

*S.J.S. Enterprises:* Net profit at Rs 27.5 cr vs Rs 20.8 cr, Revenue at Rs. 179 cr vs Rs 160 cr (YoY) (Positive)

*Pricol:* Net profit at Rs 41.4 cr vs Rs 34 cr, Revenue at Rs. 616 cr vs Rs 557 cr (YoY) (Positive)

*Aavas Financiers:* Net profit at Rs 146 cr vs Rs 117 cr, Revenue at Rs. 512 cr vs Rs 437 cr (YoY) (Positive)

*CARE:* Net profit at Rs 28.4 cr vs Rs 23.9 cr, Revenue at Rs. 96.4 cr vs Rs 78.7 cr (YoY) (Positive)

*Bajaj Holdings:* Net profit at Rs 1748.0 cr vs Rs 1644.0 cr, Revenue at Rs. 158 cr vs Rs 132 cr (YoY) (Positive)

*Waaree Energies:* Net profit at Rs 3457 cr vs Rs 1596 cr, Revenue at Rs. 690 cr vs Rs 134 cr (Positive)

*Parag Milk:* Net profit at Rs 36 cr vs Rs 34 cr, Revenue at Rs. 690 cr vs Rs 134 cr (Positive)

*IRCON:* JV with AMRIL receives LoA for a project worth ₹631.2 cr, Ircon share ₹164 Cr (Positive)

*Sahasra Electronic:* Company announced the commencement of commercial operations at its new EMS facility in Bhiwadi, Rajasthan. (Positive)

*Paramount Dye:* Company announced the commencement of commercial operations at its new yarn manufacturing plant in Ludhiana, Punjab. (Positive)

*Infosys:* Company Unveils New Asset Liability Management Solution for Enhanced Risk and Exposure Oversight (Positive)

*Wipro:* Company Wins Multi-Million-Dollar Deal by Etihad Airways for It Transformation and Cost Optimization (Positive)

*Esconet Technologies:* Company has informed the Exchange about Receipt of Order from Bharat Electronics Limited worth Rs. 11 Crores. (Positive)

*Torrent Power:* Company gets certificate for 300 MW capacity commissioning from Gujarat Energy Development Agency (Positive)

*Paradeep Phosphates:* Company signed a memorandum of understanding with the Government of Odisha for Rs 4000 Crore investment over five years. (Positive)

*Western Carriers:* Company bags order worth ₹170 crore from Hindustan Zinc. (Positive)

*ABB:* Company invests big in India's electrification future. (Positive)

*Zaggle:* Company partners with Ekincare for Health & Wellness wallet (Positive)

*Praj Industries:* Net profit at Rs 41.1 cr vs Rs 70.4 cr, Revenue at Rs. 853 cr vs Rs 828.6 cr (YoY) (Neutral)

*IGL:* Bonus adjustment 1:1 today (Neutral)

*JBM Auto:* Stock Split from Rs.2/- to Rs.1/- (Neutral)

*Greenlam:* Net profit at Rs 12.5 cr vs Rs 25.5 cr, Revenue at Rs. 602 cr vs Rs 563 cr (YoY) Approval of 1:1 bonus shares and capital increase. (Neutral)

*Phoenix Mills:* Net profit at Rs 264.8 cr vs Rs 279.0 cr, Revenue at Rs. 975 cr vs Rs 986 cr (YoY) (Neutral)

*Astral Ltd:* Net profit at Rs 114 cr vs Rs 113.5 cr, Revenue at Rs. 1,397 cr vs Rs 1,370.2 cr (YoY) (Neutral)

*Bank of Baroda:* Net profit at Rs 4800 cr vs poll of Rs 4495 cr, NII at Rs. 11417 cr vs Rs 11973 cr (YoY) (Neutral)

*L&T:* Net profit at Rs 3359 cr vs poll Rs 3762 cr, Revenue at Rs. 64668 cr vs Rs 55128 cr (YoY) (Neutral)

*Tata Consumer:* Net profit at Rs 278.88 cr vs poll of Rs 278.87 cr, NII at Rs. 4444 cr vs Rs 3804 cr (YoY) (Neutral)

*Ajanta Pharma:* Net profit at Rs 233 cr vs Rs 200 cr, Revenue at Rs. 1146 cr vs Rs 1105 cr (YoY) (Neutral)

*Hawkins Cookers:* Net profit at Rs 21.2 cr vs Rs 19.7 cr, Revenue at Rs. 286 cr vs Rs 272 cr (YoY) (Neutral)

*Jay Bharat Maruti:* Net profit at Rs 3.85 cr vs Rs 6.5 cr, Revenue at Rs. 590 cr vs Rs 547 cr (YoY) (Neutral)

*Jindal Steel:* Net profit at Rs 950.88 cr vs Rs 1927.99 cr, Revenue at Rs. 11750 cr vs Rs 11701 cr (YoY) (Neutral)

*Biocon:* Profit down at Rs 81 Cr Vs Rs 753.3 Cr, Revenue at Rs 3,821.4 Cr Vs Rs 3,953.7 Cr (YoY) (Neutral)

*Kalyan Jewellers:* Net profit at Rs 218.8 cr vs Rs 180.6 cr, Revenue at Rs. 7286.8 cr vs Rs 5223 cr (YoY) (Neutral)

*Shree Cement:* Net profit at Rs 229 cr vs Rs 799 cr, Revenue at Rs. 4235.5 cr vs Rs 4873 cr (YoY) (Neutral)

Stocks Picker Articles

30 Jan 2025 10:08

BHARAT ELECTRONICS Q3 :

NET PROFIT AT 1310 CR V 862CR YOY

REVENUE AT 5775CR V 4141 CR YOY

EBITDA AT 16.71CR V 10.72 CR YOY

MARGINS AT 28.9% V 25.77% YOY