Stocks Picker Articles

20 Feb 2025 08:23

Worst performing small-cap stocks in 2025 👇

• Kaynes: -44%
• Natco Pharma: -43%
• SW Solar: -40%
• Apar Industries: -40%
• Swan Energy: -39%
• Jupiter Wagons: -37%
• KEC: -36%
• Data Patterns: -36%
• BEML: -35%
• CAMS: -31%

Stocks Picker Articles

20 Feb 2025 06:57

RADICO KHAITAN; Radico Khaitan is expanding Royal Ranthambore Whisky to CSD, strengthening its presence in India's premium spirits market. Since its 2021 launch, the brand has seen strong growth.

Luxury and semi-luxury brands contributed ₹250 Cr in 9M FY25, with sales expected to exceed ₹500 Cr in FY26.

Stocks Picker Articles

20 Feb 2025 06:50

Goldman Sachs Singapore Pte buys 7.28 lakh shares in BSE

Goldman Sachs (Singapore) Pte bought 7.28 lakh shares in the company at an average price of Rs 5,504.42 per share, amounting to Rs 401.19 crore.

Stocks Picker Articles

20 Feb 2025 05:47

Govt plans to sell minority stake in 5-6 PSUs in FY26, as per sources

Stocks Picker Articles

20 Feb 2025 05:39

Vedanta’s demerger plan approved by shareholders and creditors!

The company will list 5 key businesses separately: Aluminum, Oil & Gas, Power, Steel, and Semiconductors.

Stocks Picker Articles

20 Feb 2025 04:58

*Reminder: March Expiry F&O Inclusion and Exclusion Summary*

*NSE* announced inclusion of 6 securities in F&O segment effective February 28.

• AMARARAJA
• IIFLFIN
• IREDA
• PATANJALI
• TITAGARH RAIL
• TATATECH

*NSE* announced *Exclusion* of 16 securities from F&O market effective February 28.

• Abbott
• Atul Limited
• Bata India
• Canfin Home
• Coromandel
• CUB
• GNFC
• Gujarat Gas
• Indiamart
• IPCA Labs
• Lalpathlabs
• Metropolis
• Navin Fluorine
• PVRINOX
• Sun TV
• UBL

Stocks Picker Articles

20 Feb 2025 04:31

Stocks on the radar of brokerage houses👇

CLSA on NHPC
Target: ₹117
Upside: 57%
Rating: Outperform

Jefferies on IGL
Target: ₹252
Upside: 30%
Rating: Buy

JP Morgan on Cyient
Target: ₹1,750
Upside: 19%
Rating: Overweight

CLSA on Bharti Airtel
Target: ₹1,890
Upside: 15%
Rating: Buy

UBS on Bajaj Finance
Target: ₹6,800
Downside: 19%
Rating: Sell

Stocks Picker Articles

20 Feb 2025 04:22

*Corporate Actions*

NAVA has approved buyback of up to 72,00,000 equity shares, representing up to 2.48 % of total Equity Shares, at a price of INR 500.00/- per equity share for a total consideration not exceeding INR Rs. 360.00 crores, through the “Tender Offer” route.

*Dividend*

*20-Feb-25*
PGHH: Interim Dividend - Rs. - 110.00
ESABINDIA: Interim Dividend - Rs. - 23.00
AVTNPL: Interim Dividend - Rs. - 0.30
IRCTC: Interim Dividend - Rs. - 3.00
SBCL: Interim Dividend - Rs. - 1.20

*21-Feb-25*
NIRLON: Interim Dividend - Rs. - 15.00
INDNIPPON: Interim Dividend - Rs. - 12.50
PGHL: Interim Dividend - Rs. - 80.00
SJVN: Interim Dividend - Rs. - 1.15
FSL: Interim Dividend - Rs. - 4.00
MODISONLTD: Interim Dividend - Rs. - 1.50
MEERA: Interim Dividend - Rs. - 0.50
BBTC: Interim Dividend - Rs. - 13.00
MANAPPURAM: Interim Dividend - Rs. - 1.00
KIRLOSENG: Interim Dividend - Rs. - 2.50
CAREERP: Interim Dividend - Rs. - 1.00
QGO: Interim Dividend - Rs. - 0.15
SANDESH: Interim Dividend - Rs. - 2.50
CANTABIL: Interim Dividend - Rs. - 0.50

*24-Feb-25*
PRITHVIEXCH: Interim Dividend - Rs. - 1.00
ASMTEC: Interim Dividend - Rs. - 1.00

*IPO*
---

*Buyback*
---

*Bonus*
---

*Stock Split*
RDB Realty & Infrastructure: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 28-Feb-25
Coastal Corporation: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 04-Mar-25

*Right Issue*
Rajath Finance: Ex-Date: 21-Feb-25
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Ganesh Holdings: Open: 18-Feb-25; Close: 27-Feb-24
Jyoti Structures: Open: 17-Feb-25; Close: 03-Mar-24
Kairosoft AI Solutions: Open: 20-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

20 Feb 2025 04:21

*Reminder: March Expiry F&O Inclusion and Exclusion Summary*

*NSE* announced inclusion of 6 securities in F&O segment effective February 28.

• AMARARAJA
• IIFLFIN
• IREDA
• PATANJALI
• TITAGARH RAIL
• TATATECH

*NSE* announced *Exclusion* of 16 securities from F&O market effective February 28.

• Abbott
• Atul Limited
• Bata India
• Canfin Home
• Coromandel
• CUB
• GNFC
• Gujarat Gas
• Indiamart
• IPCA Labs
• Lalpathlabs
• Metropolis
• Navin Fluorine
• PVRINOX
• Sun TV
• UBL

Stocks Picker Articles

20 Feb 2025 04:05

Global Market Update

GIFT NIFTY: -69 (22895) @ 07:28 AM *Considering last trading day closing of 22964
DOW: 71 (0.16%)
NASDAQ: 15 (0.07%)
DOW FUTURES: -66 (-0.15%)
HANGSENG: -326 (-1.42%)
SHANGHAI COMP: -3 (-0.1%)
NIKKEI: -489 (-1.25%)

GOLD COMEX (USD/toz): 2953 (0.58%)
SILVER COMEX (USD/toz): 33.15 (0.31%)
LME COPPER (USD/MT): 9466.5 (-0.06%)
LME ZINC (USD/MT): 2876 (-0.28%)
LME ALUMINIUM (USD/MT): 2687 (0.69%)
BRENT CRUDE (USD/bbl): 75.83 (-0.28%)
WTI CRUDE OIL (USD/bbl): 72.18 (-0.1%)

USDINR: 86.89 (-0.01%)
DOLLAR INDEX: 107.02 (-0.05%)
US 10YRS BOND YIELD: 4.52%
INDIA 10YRS BOND YIELD: 6.79%

FII (Rs. Cr.): -1881
DII (Rs. Cr.): 1958
FII F&O (Rs. Cr.): 4085
BSE CASH SEGMENT TRADED VALUE (Rs. Cr.): 4917
NSE CASH SEGMENT TRADED VALUE (Rs. Cr.): 84204
NSE ADVANCE/ DECLINE: 1

Securities in Ban Period: MANAPPURAM

Stocks Picker Articles

20 Feb 2025 03:42

*Fund Houses Recommendations*


CLSA on *Bharti Airtel:* Maintain Buy on Company, target price at Rs 1890/Sh (Positive)

Jefferies on *IGL:* Maintain Buy on Company, target price at Rs 252/Sh (Positive)

HSBC on *Tata Power:* Upgrade to Hold on Company, raise target price at Rs 345/Sh (Positive)

CLSA on *NHPC:* Upgrade to Outperform on Company, target price at Rs 117/Sh (Positive)

JP Morgan on *Petronet:* Maintain Overweight on Company, target price at Rs 377/Sh (Positive)

JP Morgan on *Cyient:* Maintain Overweight on Company, target price at Rs 1750/Sh (Positive)

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

MS on *Bharat Forge:* Maintain Overweight on Company, target price at Rs 1366/Sh (Positive)

MOSL on *JSW Steel:* Maintain Buy on Company, target price at Rs 1150/Sh (Positive)

Jefferies on *Mactotech:* Upgrade to Buy on Company, target price at Rs 1600/Sh (Positive)

CLSA on *Godrej CP:* Upgrade to Hold on Company, target price at Rs 1015/Sh (Positive)

Citi on *Gas sector:* *MGL, IGL and GAIL* constitute preferred gas picks (Positive)

CLSA on FII stance: Large FII selling impacts broader market and India underperforms peers. Shed their over-weight in financials to record low (Neutral)

Citi on *Indian Auto:* Indian EV segment seeing heightened activity, to put pressure on established OEMs such as Maruti Suzuki, Hyundai India (Neutral)

UBS on *Bajaj Finance:* Maintain Sell on Company, raise target price at Rs 6800/Sh (Neutral)

Stocks Picker Articles

20 Feb 2025 03:25

*Stocks in News*


*Bharat Forge:* Kalyani Strategic Systems signs LoI with AM General, USA, for supply of artillery cannons to the US (Positive)

*Rites:* Company signs MoU with the Central Water and Power Research Station (Positive)

*Arkade Developers:* Company announces that it will redevelop a property in a Mumbai suburb that has a revenue potential of Rs 740 crore. (Positive)

*Waaree Energies:* Company gets order for supply of solar modules for 362.5 MWp from a renowned customer. (Positive)

*Happiest Minds:* Company unveils generative AI solution to reshape research across industries. (Positive)

*Thomas Cook:* Company and its group company, SOTC Travel, announced a strategic partnership with the Korea Tourism Organization. (Positive)

*Espire Hospitality:* Company announced the opening of Country Inn Premier, Amritsar. (Positive)

*Maruti:* Strengthening presence in India, aiming for a 50% market share in the Indian automobile industry. (Positive)

*Manglam Infra:* Company has received a Letter of Award from the National Highways Authority of India (NHAI), RO – Vijayawada. (Positive)

*Mahindra & Mahindra:* Company and Anduril Industries Partner to Develop Autonomous Maritime Systems & AICounter-UAS Technology. (Positive)

*JBM Auto:* JBM Ecolife Mobility has landed a massive order for 1,021 electric buses worth ₹5,500 Crore (Positive)

*Reliance Infrastructure:* Company is evaluating manufacturing in solar and battery businesses, creating Reliance Battery GreenTech Pvt. Ltd. and Reliance Zetta SolarTech Pvt. Ltd (Positive)

*H M Electro:* Company received a new work order of Rs.13.85 Cr (Positive)

*India Glycols:* Company allocated 180.6 mn ltr of ethanol supply through tender. (Positive)

*ONGC:* Company plans foray into ethane carrier business, seeks partner: Reuters. (Positive)

*Servotech Renewable:* Company signs agreement with France-based Watt & Well SAS to develop & manufacture EV charger components in India. (Positive)

*BSE:* Goldman Sachs (Singapore) PTE bought 7.29 lakh shares at Rs 5504.42 (Positive)

*Cyient:* Sukumal Banerjee appointed as CEO (Positive)

*Patanjali:* The demands of Rs. 186 crores for CIRP period raised by Income Tax Dept has been quashed by Hon’ble Supreme Court of India (Positive)

*NFL:* Company announced JV for a new Ammonia-Urea Complex Namrup IV Fertilizer Plant in Assam. (Positive)

*C.E. Info:* Mappls App now available in 9 regional languages for a seamless, native experience. (Positive)

*Medicamen:* Company has entered into a Manufacturing & Supply Agreement with a leading Pharma distributor and marketing Company in US & Europe. (Positive)

*Bartronics:* Company enters into Memorandum of Understanding with PTW Group. (Positive)

*Bharat Global:* Ms. Simoli Raval, appointed as an additional Independent Director, will serve a 5-year term. (Neutral)

*Orchid Pharma:* US FDA issues seven minor observations for company’s API manufacturing facility in Alathur, Tamil Nadu. (Neutral)

*Raymond:* NCLT has fixed 25th March 2025 for final hearing on the approval of demerger scheme for Realty business. (Neutral)

*Flomic Global Logistics:* Company appointed Mr. Abhinandan Gupta as Chief Financial Officer effective 19th Feb, 2025. (Neutral)

*JK Cement:* Company received a tax demand of Rs. 13.46 Cr for the assessment year 2020-21 from theState Goods & Service Tax department in Jaipur. (Neutral)

*Comfort Commotrade:* Company received a demand order from the State Tax Officer, GST, Maharashtrafor Rs. 2.25 Cr. (Neutral)

*Torrent Power:* Company announced the incorporation of a new step-down subsidiary, Torrent Urja 30 Private Limited. (Neutral)

*Viaan Industries:* Company’s CFO, Mr. Hemant Seth, resigned with immediate effect on Feb 14, 2025, due to personal reasons. (Neutral)

*Cyient Ltd:* Company appointed Mr. Sukamal Banerjee as Executive Director and CEO, effective Feb 19, 2025. (Neutral)

*ZEE Entertainment:* Company secures high S&P Global ESG score; outperforms the industry. (Neutral)

Stocks Picker Articles

19 Feb 2025 18:18

From IPO ups & downs to building a profitable fintech powerhouse 💡📈 MobiKwik is bullish on the future with tech-driven efficiency & growth in BFSI! 🚀

Upasana Taku & Bipin Preet Singh with ShereenBhan on CNBC-TV18

Stocks Picker Articles

19 Feb 2025 18:13

Triveni Engineering and Industries LtdConcall Notes - Feb 2025


Financial Performance:

Consolidated revenues for 9M FY25 stood at ₹4,060 crore, an increase of 3.6%.
Profit After Tax (PAT) for the same period was ₹51.1 crore.
Overall profitability subdued primarily due to lower margins in Sugar and Alcohol businesses.
Sugar Business Insights:

Sugar prices in Q3 FY25 were subdued but have firmed up recently due to lower production estimates (approx. 27 million tonnes for SS 2024-25) and timely export announcements.
Triveni received an allocation of nearly 32,000 tonnes for sugar exports under the government's export policy.
Initial recovery trends in Uttar Pradesh for SS 2024-25 have been lower, but overall cane crush is on track to increase by approximately 15% on a consolidated basis.
The company has crushed 3.4 million tonnes of sugarcane until December 31, 2024, with expectations of improved performance as the season progresses.
Current sugar inventory valued at ₹38.8 per kilo, with ex-factory realisation prices for refined sugar at ₹41.8 per kilo.
Management anticipates a closing stock of approximately 6 million metric tonnes of sugar by September 30, 2025, post-exports.
Alcohol Business Insights:

Revenues grew by 4.4% in Q3 FY25 and 7.9% in 9M FY25, primarily due to improved realisations from grain operations.
Profitability impacted by lower sales volume of high-margin ethanol from molasses, attributed to a shortage of feedstocks.
Shift towards grain-based feedstocks, with 64% of current ethanol production sourced from grains.
Engineering Business Performance:

Engineering order book reached ₹2,356 crore, marking a 52.4% year-on-year increase, an all-time high for the company.
Incremental capex of ₹60 crore announced for enhancing capacity in the Power Transmission business, targeting ₹700 crore capacity by September 2026.
Defence business received a significant order for propulsion gearboxes, with overall order booking growing at 23% in Q3 FY25.
Government Policies and Market Outlook:

Positive government measures include the announcement of sugar exports and revisions in ethanol procurement prices.
Management is optimistic about a potential increase in Minimum Selling Price (MSP) for sugar, though no announcements have been made yet.
Anticipation of improved margins in the ethanol business due to the availability of FCI rice for ethanol production.
Challenges and Headwinds:

Lower initial recoveries in the Sugar business due to adverse weather and the degeneration of the 0238 sugarcane variety.
Concerns over the impact of government policies on the ethanol blending program and the financial viability of grain-based ethanol production.
Management acknowledges the need for substantial increases in ethanol prices from B-heavy and grain operations to ensure profitability.
Future Outlook:

Management expresses cautious optimism for the future, citing a step change in sugar prices and positive market fundamentals.
Continued focus on productivity improvements and new variety adoption to enhance sugarcane yields and recovery rates.
Strategic emphasis on expanding the Power Transmission and Defence business segments, leveraging government initiatives like Aatmanirbhar Bharat and Make in India.

Stocks Picker Articles

19 Feb 2025 17:37

Astral Ltd Concall Notes - Jan 2025

Q3 FY25 Earnings Conference Call - Astral Limited
#### Financial Performance:

Top Line Growth: Achieved a marginal growth of 2% YoY despite industry challenges.
EBITDA Growth: Reported a healthy growth of 9.3% YoY.
Pipe Vertical EBITDA: Maintained EBITDA at 18.47%, with a focus on value-added products.
Adhesives Growth: India operations delivered a growth of 14.5% YoY with a stable EBITDA margin of 16.36%.
#### Industry Challenges:

Demand Slowdown: The building materials industry is experiencing challenges due to reduced infrastructure spending and liquidity issues in the market.
PVC Anti-Dumping Duty: The anticipation of the anti-dumping duty on PVC has created uncertainty in the market, affecting volume growth.
Volatility in Polymer Prices: The company faced huge volatility in polymer prices, impacting overall industry performance.
#### Vertical Performance Insights:

Pipes and Bathware:

Maintained volume in Q3 despite a slowdown post-elections.
Achieved a 10.9% growth in EBITDA in the pipes segment.
Successfully launched UL certified Fire Pro fittings, enhancing project and export business prospects.
Initiated production of channel drains domestically, which were previously imported from Europe.
Bathware:

Targeting a revenue of ₹120 Cr for the fiscal year, already achieved ₹83 Cr in nine months.
New SKUs are being launched based on market surveys, showing positive consumer response.
Adhesives:

Domestic operations performing well; overseas operations faced a minor slowdown but remain positive in EBITDA.
Dahej plant is ramping up production, focusing on new product launches.
Paint Business:

Entering new markets with Astral brand; recently launched in Rajasthan after success in Gujarat.
Growth of 7.5% in revenue; focusing on maintaining margins while expanding.
#### Future Outlook:

Volume Guidance: Management is optimistic about achieving double-digit growth in Q4, contingent on government budget allocations and the anti-dumping duty implementation.
Margin Focus: While maintaining margins in the range of 16%-18% for pipes, the emphasis will shift towards volume growth.
Export Initiatives: New marketing office opened in Dubai to target export markets, including the Gulf and Africa.
#### New Developments:

Product Launches: Introduction of PTMT range and OPVC products expected to drive sales in upcoming quarters.
Certification Achievements: Full UL certification for fire sprinkler products enhances market credibility and export potential.
Capacity Expansion: Kanpur plant nearing completion to enhance production capabilities in the water tank and PVC pipe segments.
#### Management Confidence:

Long-term Strategy: Astral remains committed to quality and value-added products, resisting the temptation to discount for volume growth.
Market Positioning: Management believes that maintaining high-quality standards will ensure long-term customer loyalty and profitability, even amidst competitive pressures.
#### Challenges Identified:

Liquidity Crisis: Ongoing liquidity challenges in the market may hinder growth until addressed by government measures.
Inventory Management: Channel inventory remains subpar due to market uncertainties, affecting immediate sales potential.
Summary
The management of Astral Limited is cautiously optimistic about future growth, focusing on maintaining margins while navigating industry challenges. They are actively pursuing new product launches, expanding into new markets, and enhancing production capabilities to drive future revenue growth.

Stocks Picker Articles

20 Feb 2025 08:17

Business Vertical: The Minerals & Metals (M&M) division of L&T.

Order Secured: From Hindalco for an 850 KTPA greenfield alumina refinery in Odisha.

Scope of Work: Engineering, procurement, construction, and installation.

L&T's Association with Hindalco: Over three decades as an EPC contractor in alumina, aluminum, and copper plant expansions.

Significance: Reinforces Hindalco’s trust in L&T as a reliable partner for growth.

Stocks Picker Articles

20 Feb 2025 06:56

*GRSE:* CO WINS ORDER WORTH 123 CR RUPEES

Stocks Picker Articles

20 Feb 2025 06:24

Vedanta demerger receives approval from shareholders, creditors

The demerger was approved by 99.99% of shareholders, 99.59% of the secured creditors, and 99.95% of unsecured creditors of Vedanta Limited who voted in favour of the demerger, as per the stock exchange filing made by the company.

4 companies will be demerged from Vedanta Ltd and shareholders of Vedanta will get 1 share of 4 newly demerged companies for each share held in Vedanta Ltd on record date.

After demerger process Vedanta will have 5 companies

1. Vedanta Ltd.
2. Vedanta Aluminium Ltd.
3. Vedanta Oil & Gas Ltd.
4. Vedanta Power Ltd.
5. Vedanta Steel and Ferrous Materials Ltd.

Stocks Picker Articles

20 Feb 2025 05:47

MGL Says Gas Reallocation Was Restored Back To 51% In Jan From Previous Approx 30% For CNG - CNBCTV18

Impact Of Gas Reallocation In Oct-Nov Was 6/scm

If India Has To Import More US LNG, It Will Be A Good Scenario For US Due To Henry Hub Pricing

100% Of Supplied Piped Gas Is Through MGL In Commercial Places

Affordability & Accessibility To The Smaller Eateries & Restaurants Is Key

Stocks Picker Articles

20 Feb 2025 05:19

-VE FOR CREDIT ACCESS GRAMEEN

GOLDMAN SACHS ON ON KARNATAKA ORDINANCE ON MICROFINANCE

Channel checks suggest collection efficiency drop in Karnataka to range of 87-95% in February

Post implementation of an ordinance that banned unregulated activities in micro-finance space

Collection efficiency for the lenders has seen a sharp drop due to liquidity squeeze and potential moral hazard.

Start to see this as collateral damage for formal players

With disbursements also slowing down due to incremental stress

Expect CA Grameen to be most exposed with pre-tax profit getting impacted in the range of 15%-37% for incremental loss rates in the range of 2-5% on Karnataka MFI portfolio

CA Grameen has the highest market share in Karnataka at ~19% with that representing 31% of its book as of 3QFY25

See limited impact (1-3% of pre-tax profit) for other companies under coverage with significant exposure to Karnataka in their MFI books

Including L&T Finance (~3% of loan book; the company carries Rs9bn or <1% of loan book) of macro-rural provisioning as of 3QFY25)

IndusInd Bank, Bandhan Bank and AU SFB (<1% of loan book)

Stocks Picker Articles

20 Feb 2025 04:57

INDIA'S AUTO SECTOR INDUSTRY MEETING: SOURCES |

• India's Auto PV Segment To Grow 1-2% In FY26, SUVs To Be The Bright Spot With 8% Growth

• Leading Vehicle OEMs Shared Their Outlook For FY26 In A Closed Door Industry Meeting

• Maruti Expects 1-1.5% Growth In Overall Industry PV Sales In FY26

• Hyundai Expects 1-1.5% Growth In Overall Industry PV Sales In FY26

• Tata Motor's Expects 2-4% Growth In Overall Industry PV Sales In FY26

• M&M Expects 1-2% Growth In Overall Industry PV Sales In FY26 & 8% Growth In UV Sales

Stocks Picker Articles

20 Feb 2025 04:22

Promoter buying yesterday

Stocks Picker Articles

20 Feb 2025 04:21

*Forthcoming Event*

20th February: CIEINDIA, COCKERILL, SANOFICONR, STEELCITY to consider Dividend; Heads UP Ventures to consider Fund Raising

21st February: Lancor Holdings to consider Fund Raising; Ami Organics to consider Stock Split

22nd February: Consolidated Construction Consortium, Dhanlaxmi Bank, PNB Housing Finance, Heads UP Ventures to consider Fund Raising

24th February: Dipna Pharmachem to consider Fund Raising

25th February: Equinox India Developments to consider Fund Raising

27th February: SANOFI, SCHAEFFLER to consider Dividend; Taylormade Renewables to consider Fund Raising

Stocks Picker Articles

20 Feb 2025 04:06

*Bulk Deal & Insider Trade Update*

*Bulk Deals*
*Bse Limited: Goldman Sachs (Singapore) Pte Buy 728855 Shares @ Rs. 5504.42
*Windlas Biotech Limited: Samvitti Capital Private Limited Active Alpha Multicap Sell 115374 Shares @ Rs. 683.49
*Maxvolt Energy Indus L: Abundantia Capital Vcc - Abundantia Capital Iii Sell 146400 Shares @ Rs. 180
*Maxvolt Energy Indus L: Vikasa India Eif I Fund-Incube Global Opportunities Sell 144000 Shares @ Rs. 180
*Voler Car Limited: Swyom India Alpha Fund Sell 179200 Shares @ Rs. 90
*Voler Car Limited: Craft Emerging Market Fund Pcc- Elite Capital Fund Sell 99200 Shares @ Rs. 92.07
*Voler Car Limited: Paradise Moon Investment Fund-I Buy 99200 Shares @ Rs. 90
*Vital Chemtech Limited: Craft Emerging Market Fund Pcc- Elite Capital Fund Buy 120000 Shares @ Rs. 70.5
*Vertexplus Technologies L: Craft Emerging Market Fund Pcc- Elite Capital Fund Buy 36600 Shares @ Rs. 81
*Btml: Augmenta Value Trust Scheme 1 Buy 5200000 Shares @ Rs. 8.93
*Cbpl: M7 Global Fund Pcc - Nolana Buy 46000 Shares @ Rs. 64.61

*Block Deals*
*Lloyds Metals N Energy L: Agarwal Ravi Buy 177240 Shares @ Rs. 1165
*Lloyds Metals N Energy L: Gupta Rajesh R Sell 177240 Shares @ Rs. 1165

*Insider Trade*
*Acquisition*
* Maharashtra Seamless Ltd.: Promoter Group, Acquisition 549900 shares
* Ncc Limited: A V S R Holdings Private Limited, Promoter, Acquisition 306853 shares on 17-Feb-25
* Nahar Spinning Mills Ltd.: NAHAR CAPITAL AND FINANCIAL SERVICES LIMITED, Promoter Group, Acquisition 17697 shares on 17-Feb-25
* Sagar Cements Ltd.-$: Sammidi Sreekanth Reddy, Promoter, Acquisition 7566 shares on 17-Feb-25
* Ncl Industries Ltd.-Promoter Group, Acquisition 27950 shares
* Deepak Nitrite Ltd.-$: Smt. Ila D. Mehta, Promoter Group, Acquisition 27100 shares on 18-Feb-25
* Heg Ltd.: Redrose Vanijya LLP, Promoter Group, Acquisition 55873775 shares on 17-Feb-25
* Rajesh Exports Ltd.: RAJESH MEHTA, Promoter, Acquisition 33311404 shares on 17-Feb-25
* Jindal Steel & Power Ltd.: Jindal Power Limited, Promoter Group, Acquisition 44350 shares on 13-Feb-25
* Godrej Properties Ltd: Godrej Seeds & Genetics Limited, Promoter Group, Acquisition 75586 shares on 17-Feb-25
* D B Corp Ltd: Sudhir Agarwal, Promoter & Director, Acquisition 3820 shares on 17-Feb-25
* Dr. Lal Pathlabs Ltd: Rahul Sharma, Director, Acquisition 4000 shares on 18-Feb-25

*Disposal*
* Ultramarine & Pigments Ltd.-$: DEEPA AJAY, Promoter Group, Disposal 2000 shares on 17-Feb-25
* Star Cement Ltd: VINAY AND COMPANY, Promoter Group, Disposal 6000 shares on 17-Feb-25

*Pledge*
* Apollo Micro Systems Ltd: KARUNAKAR REDDY BADDAM, Promoter & Director, Pledge 3931000 shares

*Dividend Update*
*AVT Natural Products Ltd.: Interim Dividend Rs. 0.30; Ex Date: 20-Feb-2025
*Esab India Ltd.: Interim Dividend Rs. 23.00; Ex Date: 20-Feb-2025
*Indian Railway Catering And Tourism Corporation Ltd.: Interim Dividend Rs. 3.00; Ex Date: 20-Feb-2025
*Procter & Gamble Hygiene and Health Care Ltd.: Interim Dividend Rs. 110.00; Ex Date: 20-Feb-2025
*Shivalik Bimetal Controls Ltd.: Interim Dividend Rs. 1.20; Ex Date: 20-Feb-2025

Stocks Picker Articles

20 Feb 2025 03:54

Dividend Dates

Ex-Dividend 21 Feb 2024 (Tomorrow)
Last date for Cum-Dividend Today

Bombay Burmah Trading Corp.Ltd.
Dividend Per Share Rs.13
Previous day Closing Price – Rs. 1898.9

Cantabil Retail India Ltd.
Dividend Per Share Rs.0.5
Previous day Closing Price – Rs. 258.8

Career Point Ltd.
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 334.3

Firstsource Solutions Ltd.
Dividend Per Share Rs.4
Previous day Closing Price – Rs. 353.7

Kirloskar Oil Engines Ltd.
Dividend Per Share Rs.2.5
Previous day Closing Price – Rs. 607.85

Manappuram Finance Ltd.
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 202.85

Meera Industries Ltd
Dividend Per Share Rs.0.5
Previous day Closing Price – Rs. 59.98

Modison Ltd
Dividend Per Share Rs.1.5
Previous day Closing Price – Rs. 135.1

Nirlon Ltd.
Dividend Per Share Rs.15
Previous day Closing Price – Rs. 511.9

Procter & Gamble Health Ltd
Dividend Per Share Rs.80
Previous day Closing Price – Rs. 5302.8

Qgo Finance Ltd
Dividend Per Share Rs.0.15
Previous day Closing Price – Rs. 53.41

Sandesh Ltd.
Dividend Per Share Rs.2.5
Previous day Closing Price – Rs. 1041

SJVN Ltd
Dividend Per Share Rs.1.15
Previous day Closing Price – Rs. 90.03

Veeram Securities Ltd
Dividend Per Share Rs.0.05
Previous day Closing Price – Rs. 9.12

Stocks Picker Articles

20 Feb 2025 03:27

PROMOTER BUYING ; MAHARASHTRA SEAMLESS - 549900 shares - 0.41% equity

DEEPAK NITRITE - 27100 shares (second day of buying)

Godrej Properties - 75586 shares

JSPL - 44350 shares

B.L.KASHYAP AND SONS - 20000 shares

KEWAL KIRAN CLOTHING - 10000 shares

NCC - 306853 shares

SAGAR CEMENTS - 7566 shares

USHA MARTIN - 25000 shares

Stocks Picker Articles

19 Feb 2025 18:22

JP Morgan sees 26,500 for Nifty by Year End

Overweight Sectors: Financials, Consumer, Healthcare, Real Estate

Top Picks:

➡️ Devyani Inter
➡️ Saphore Foods
➡️ VBL
➡️ M&M
➡️ ICICI Bank
➡️ Bajaj Finance
➡️ Kotak Bank
➡️ Kfin Tech
➡️ DLF

Stocks Picker Articles

19 Feb 2025 18:14

APPLE DEBUTS IPHONE 16E, WITH A18 CHIP, APPLE INTELLIGENCE, AND THE NEW APPLE C1, THE FIRST CELLULAR MODEM DESIGNED BY APPLE

APPLE: IPHONE 16E WILL BE AVAILABLE STARTING AT $599 (U.S.); PRE-ORDERS BEGIN FEB 21, WITH AVAILABILITY FROM FEB 28

APPLE: IPHONE 16E TO HAVE 6.1-INCH SUPER RETINA XDR DISPLAY WITH OLED TECHNOLOGY AND BEST BATTERY LIFE EVER ON A 6.1-INCH IPHONE || APPLE: IPHONE 16E TO HAVE FACE ID, A 48MP 2-IN-1 CAMERA SYSTEM, TO OFFER WIRELESS CHARGING AND USB-C

Stocks Picker Articles

19 Feb 2025 17:37

Uno Minda Ltd
Concall Notes - Feb 2025


Economic and Industry Outlook:

Global economy projected to grow at 3.3% in 2025 and 2026, below historical average of 3.7%.
U.S. growth driven by strong consumption and resilient labor market at 2.7%.
Eurozone facing challenges with weak manufacturing and geopolitical concerns.
China's growth expected at 4.6% due to property market challenges.
Indian economy continues to shine with stable growth at around 6.5%, showing resilience against global headwinds.
Automotive Industry Performance:

Indian automobile industry showed a 7% year-on-year volume growth in Q3 FY25, with total production at 78 lakh units.
Two-wheeler segment led growth with 8% year-on-year increase; however, commercial vehicle production declined by 2% due to sluggish industrial activity.
Passenger vehicle segment grew by 3% year-on-year, but growth has slowed compared to previous years.
Anticipated strong consumer demand for new SUV launches and evolving EV ecosystem, though price sensitivity and interest rates remain concerns.
Union Budget 2025 Insights:

Budget supports India's ambition to be a global tech hub while fostering MSMEs and job creation.
Increased income tax exemption limit to ₹12 lakhs expected to boost disposable income and automotive demand.
Strategic push for the EV industry with significant allocations for indigenous manufacturing and supply-side measures.
Financial and Operational Performance (Q3 FY25):

Group revenues grew by 14% to ₹5,056 crores; consolidated revenue increased by 19% to ₹4,184 crores.
EBITDA for the quarter rose by 20% to ₹457 crores, with margins at 10.9% (up from 10.8% year-on-year).
Profit after tax increased by 21% year-on-year to ₹233 crores.
9-month consolidated revenues at ₹12,246 crores, a 20% increase year-on-year.
Segment Performance:

Switching Systems: Revenues of ₹1,045 crores, contributing 25% to consolidated revenues, with a 20% year-on-year growth.
Lighting: Revenues of ₹982 crores, marking a 15% year-on-year growth, driven by strong demand in both four-wheeler and two-wheeler segments.
Casting: Generated revenues of ₹768 crores, contributing 18% to consolidated revenues, with a 13% year-on-year growth.
Seating: Revenue of ₹273 crores, facing export headwinds but anticipating growth from new customer orders.
Acoustics: Stable revenue of ₹184 crores, with European operations facing challenges.
Strategic Developments:

Showcased innovative technologies at Auto Expo Component Show 2025, including products for electric mobility.
Received final NCLT order for merger of Kosei JV entities with Uno Minda, expected to yield significant synergies and cost savings.
Focus on enhancing EV-related product offerings, with revenue from EV two-wheeler OEMs at ₹238 crores.
Capacity Expansion and Future Outlook:

Plans to expand capacity in the aluminum die casting plant in Hosur from 11,000 tons to 15,000 tons.
Ongoing investment in land acquisition for future growth, with ₹350 crores spent on land bank in the past nine months.
Management optimistic about medium to long-term growth potential in the domestic auto industry driven by innovation and sustainability.
Targeting EBITDA margins of 11% plus/minus 50 basis points, with expectations for improvement as new capacities come online.
Challenges:

The commercial vehicle segment continues to face sluggish demand, affecting overall production volumes.
European operations experiencing headwinds, with a cautious outlook on demand recovery in the near term.

Stocks Picker Articles

19 Feb 2025 17:31

HFCL ; Update On ~INR 2501.30 Crores for BharatNet Phase –III Programme

HFCL has become the first company to sign an agreement with BSNL as the Project Implementation Agency (“PIA”) under the BharatNet Phase-III Programme for executing this project in the Punjab Telecom Circle.

The Company will now take immediate steps to commence project implementation.