Stocks Picker Articles

25 Feb 2025 08:04

Balrampur Chini Mills Avantika Saraogi says

Assuring stakeholders there's no concern over the increase in capex

Always maintained a conservative approach to spending with a healthy balance sheet & PnL

PLA production set to begin in 2026, aiming for a 35% EBITDA margin for the project

Majority of PLA products will be sold in the open market

Developing multiple applications for PLA

Confident about offtake from the PLA project

Focused on adding more value and diversifying businesses that are insulated from each other

Targeting 50% revenue from non-sugar businesses once PLA production begins

Stocks Picker Articles

25 Feb 2025 07:44

*Bharti Airtel:* Co. partners Ericsson 5G Core technology to drive 5G evolution'' being issued by the Company (Supportive for stock price)

Stocks Picker Articles

25 Feb 2025 07:38

ITD Cementation India Ltd Concall Notes - Feb 2025


Financial Performance:

Q3 FY '25 revenue reported at approximately ₹2,250 crores, an 11% growth YoY from ₹2,017 crores.
EBITDA margin for Q3 FY '25 stood at 9.5%.
Profit after tax for Q3 FY '25 was ₹87 crores, reflecting an 11% YoY increase.
For the nine months ending December '25, consolidated revenue reached approximately ₹6,600 crores, a 21% YoY growth.
Nine-month EBITDA margin recorded at 9.9%.
Profit after tax for the nine-month period was ₹259 crores, up 41% from ₹185 crores in the previous year.
Order Book and Pipeline:

Secured orders worth approximately ₹6,370 crores in the nine-month period.
Currently L1 on orders worth over ₹800 crores.
Total work in hand amounts to ₹20,000 crores, with government projects constituting 50%, private sector 42%, and PSU 8%.
Anticipating total order inflow of around ₹9,000 crores for FY '25, with a target of ₹12,000-₹13,000 crores for FY '26.
Major Projects:

Significant new orders include Vadhvan Port and IKEA projects, each valued between ₹1,600 crores and ₹1,700 crores.
Progress on major projects such as Chennai Metro, Chitravathi, Project Varsha, and Seabird is on track.
Bangalore Metro nearing completion.
Challenges:

Revenue from Bangladesh project impacted due to local conditions and government restrictions since August/September, resulting in a loss of approximately ₹200 crores in expected revenue.
Management does not foresee a long-term impact from the depreciation of the rupee on order flow, as overseas exposure is around 10%-11%.
Operational Insights:

Current execution capabilities support operations up to ₹10,000 crores, with potential to increase to ₹13,000-₹14,000 crores with additional capex and manpower.
Focus on technological advancements, including use of larger cranes and piles, to enhance operational efficiency.
Under 100 days net working capital cycle, with effective receivables collection.
Future Outlook:

Management optimistic about order inflow and revenue growth, maintaining a long-term revenue growth guidance of 20%-25% annually.
New promoter expected to bring in additional opportunities and investments, particularly in green energy and infrastructure sectors.
No immediate plans for name changes or acquisitions; emphasis on entering new segments rather than acquiring companies.
Capex Plans:

Capex for the first nine months of FY '25 was around ₹100 crores, with an expected total of ₹120-₹125 crores for the entire fiscal year.
Future capex will depend on upcoming large projects and potential new segment entries.

Stocks Picker Articles

25 Feb 2025 07:04

BERNSTEIN ON ZOMATO

Top Pick-Maintain Outperform, TP 310 (35% upside)

Expect Zomato to continue to build on Quick commerce leadership

2024/25 has been back to land grab

Blinkit has led the dark store expansion guiding a 2x increase in stores by Dec-25.

Instamart announced its plans to expand QC to ~80+ cities

Rising competitive intensity has led to push out breakeven targets for Blinkit by ~12-18 months

Expect Blinkit to remain the leader driven by early mover advantage & strong execution. Zomato

Zomato investors should take some time to adjust to this ‘new’ normal of QC losses

But the upside is that this should translate into a stronger growth profile (70%+ YoY)

Which ultimately is the key to creating value in the stock & unlocking a bigger profit pool

Stocks Picker Articles

25 Feb 2025 05:33

𝗦𝗲𝗰𝘁𝗼𝗿𝘀 𝗪𝗵𝗶𝗰𝗵 𝗮𝗿𝗲 𝗗𝗼𝘄𝗻 𝗙𝗿𝗼𝗺 𝗔𝗹𝗹 𝗧𝗶𝗺𝗲 𝗛𝗶𝗴𝗵!

1- FMCG (-21%)
2- AUTO (-22%)
3- PHARMA (-15%)
4- HEALTHCARE (-13%)
5- PSU BANK (-26%)
6- CONSUMPTION(-19.5%)
7- REALTY (-18%)
8- MEDIA (-60%)
9- OIL & GAS (-28%)
10- ENERGY (-30%)
11- INFRA (-18%)
12- METAL (-17.5%)
13- IT (-14%)
14- SENSEX (-13%)
15- NIFTY (-14%)
16- BANKNIFTY (-11%)

Stocks Picker Articles

25 Feb 2025 05:16

J.P. Morgan says the recent correction has made valuations of defence companies more attractive

Stocks Picker Articles

25 Feb 2025 04:21

*Forthcoming Event*

25th February: AAYUSH to consider Dividend; Darshan Orna, Dhanashree Electronics, Equinox India Developments, Shyamkamal Investments, Yash Trading & Finance to consider Fund Raising

26th February: Emami Realty, Utkarsh Small Finance Bank, Zota Health Care, Medicamen Biotech to consider Fund Raising; Vesuvius India to consider Dividend & Stock Split

27th February: CAPINVIT, KSB, SANOFI, SCHAEFFLER to consider Dividend; Gujarat Cotex, Taylormade Renewables to consider Fund Raising; Shantai Industries to consider Stock Split

28th February: FOSECOIND, IGIL, METROBRAND, SBILIFE to consider Dividend; ATN International to consider Voluntary Delisting; Som Distilleries & Breweries, IIFL Finance, MPS to consider Fund Raising

05th March: LIC Housing Finance to consider Fund Raising

Stocks Picker Articles

25 Feb 2025 04:07

𝗧𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹🌍 𝗖𝘂𝗲𝘀 𝗧𝗼𝗱𝗮𝘆:

🇺🇲𝐔𝐒 𝐌𝐚𝐫𝐤𝐞𝐭𝐬- After strong selloff on Friday, it closed mixed overnight
DowJones +0.08%
NASDAQ -1.21%
S&P500 -0.50%

𝐀𝐬𝐢𝐚𝐧 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 are trading lower
🇯🇵Japan -0.9% 🇨🇳China -0.8%
🇰🇷Korea -2% 🇭🇰Hongkong -0.2%

🛢𝐂𝐫𝐮𝐝𝐞 𝐎𝐢𝐥: $74.5
💲𝐃𝐨𝐥𝐥𝐚𝐫 𝐈𝐧𝐝𝐞𝐱: 106.8
📑𝐔𝐒 𝐁𝐨𝐧𝐝: 4.38% (-0.06 bps)
💵𝗨𝗦𝗗/𝐈𝐍𝐑: ₹86.73 (+0.11 bps)
🪙𝐆𝐨𝐥𝐝: $2,963.5 /ounce
🥈𝐒𝐢𝐥𝐯𝐞𝐫: $32.67 /ounce
🪙𝐆𝐨𝐥𝐝 𝐌𝐂𝐗:₹86,190 (+0.2%)
🥈𝐒𝐢𝐥𝐯𝐞𝐫 𝐌𝐂𝐗: ₹95,090 (-1.2%)
💰𝐁𝐢𝐭𝐜𝐨𝐢𝐧: $92,170

💸𝐂𝐚𝐬𝐡 𝐌𝐚𝐫𝐤𝐞𝐭
𝐅𝐈𝐈𝐬 sold: ₹6,287 cr👎
𝐃𝐈𝐈𝐬 bought: ₹5,186 cr👍

𝐍𝐢𝐟𝐭𝐲 𝐅𝐮𝐭𝐮𝐫𝐞𝐬(𝐅𝐞𝐛): 22,612.65 (-1%) & Open Interest down 22.7%

Stocks Picker Articles

25 Feb 2025 04:05

Va Tech Wabag Ltd Concall Notes - Feb 2025


Financial Performance Highlights:

Consolidated revenue for 9M FY25 stood at ₹2,138 crores, growing over 11% year-over-year.
Standalone revenue for the same period was ₹1,835 crores.
Consolidated EBITDA for 9M FY25 stood at ₹289 crores, reflecting an 11% year-over-year growth.
Standalone EBITDA for 9M FY25 was ₹264 crores, maintaining healthy EBITDA margins.
Consolidated PAT for 9M was ₹196 crores with a PAT margin of 9.2%, growing over 13% year-over-year.
Standalone PAT for 9M stood at ₹172 crores.
Net cash position as of December 2024 was ₹262 crores, excluding debt on HAM entities.
The company has maintained a net cash positive position for 8 consecutive quarters.
Order Book and Pipeline:

Robust order book exceeding ₹14,200 crores, with a mix of 58% EPC and 42% O&M projects.
40% of the order backlog comes from international projects, with 48% of 9-month revenues generated from overseas.
Secured significant orders in the last quarter, including:

₹3,251 crores for a 200 MLD Al Haer Independent Sewage Treatment Plant in Riyadh, Saudi Arabia.
₹121 crores O&M order for BAPCO Refining Industrial Wastewater Treatment Plant in Bahrain.
₹700 crores design, build, and operate order in Zambia.
₹145 crores order from Chennai Petroleum Corporation for a desalination water pipeline.
Market Position and Strategy:

India Ratings and Research upgraded Wabag's long-term rating to Ind AA- with a ‘Stable’ outlook, enhancing market perception.
The company is focusing on expanding its presence in emerging markets such as the Middle East, Africa, and Southeast Asia.
Wabag's operations are strategically focused on high-margin projects and long-term O&M contracts.
The company aims to maintain a healthy revenue mix of approximately 70-30 between Municipal and Industrial segments.
Execution and Project Updates:

Key projects are progressing well, including the 400 MLD Perur Desalination Project in Chennai, with advanced engineering and construction activities.
Management is optimistic about the execution timelines for major projects like the desalination plant in Chennai and the Pagla project in Bangladesh, expecting normalcy to return post disruptions.
Challenges and Industry Outlook:

Management acknowledged a dip in margins by about 200 basis points year-over-year and quarter-over-quarter but emphasized the need to evaluate performance over a longer-term horizon.
The company is confident in achieving revenue growth targets of around 15% to 20% in the medium term, supported by a strong order intake and a bullish market outlook.
There are no immediate constraints on execution capacity, with the company prepared to scale operations as necessary.
Sustainability and Innovation:

Wabag is committed to sustainability, focusing on advanced technology solutions for water treatment and conservation.
The company is actively involved in R&D, with over 125 IP rights, and has launched initiatives like Blue Seed to support startups in water technology.

Stocks Picker Articles

25 Feb 2025 03:29

*Stocks in News*


*Texmaco Rail:* Company signs MoU with Nevomo for high-speed rail solutions and predictive track maintenance. (Positive)

*NTPC Green Energy:* Company signs deal to develop 20GW renewable projects in Madhya Pradesh (Positive)

*Biocon:* Company’s arm Biocon Biologics launches Yesintek Biosimilar in the United States. (Positive)

*Madhav Infra Projects:* Company announced the partial commissioning of a 12.5 MW solar power project out of 35 MWp total for GSECL in Gujarat. (Positive)

*USL/UBL:* Government is considering review of duties on import of alcohol; especially Scotch from the UK. (Positive)

*Shipping stocks:* India plans its own shipping fleet; wants to provide assured demand for ships built in the country from state-run firms: Mint (Positive)

*Bharti Airtel:* Tata Play, Airtel Digital TV in merger talks as DTH industry struggles amid streaming boom (Positive)

*Torrent Power:* Company Incorporation of Subsidiary Torrent Green Energy Pvt. Ltd. Incorporated entity To Focus on Renewable energy, including hydrogen, ammonia, and power generation/distribution. (Positive)

*CERA:* Mr. Ramesh Baliga Has Been Appointed As ‘Chief Business Officer- Polymers and Emerging Business India’ W.E.F. 24th February, 2025. (Neutral)

*Shelter Pharma:* Company’s board meeting on Feb 24, 2025, appointed CS Aarefa Kutub Kapasi as Company Secretary and Compliance Officer, effective Feb 24, 2025 (Neutral)

*Muthoot Capital:* Srikanth G Menon resigned as company Secretary and Compliance Officer and Chief Compliance Officer, effective Feb 28, 2025. (Neutral)

*APL Apollo:* Company announced that Charu Malhotra, Chief Brand Officer, resigned from her position, effective February 24, 2025. (Neutral)

*Hitech Corporation:* Company has announced the acquisition of 100% of the paid-up share capital of Thriarr Polymers Private Limited. (Neutral)

*Cosmo Ferrites:* Company announced the resignation of its Company Secretary and Compliance Officer, Ms. Niharika Gupta, and effective April 18, 2025 (Neutral)

*Nureca Ltd:* Company’s board approved a plan to purchase land in India for manufacturing, R&D, and warehousing facilities. The total investment will be up to Rs. 30 Crores. (Neutral)

*Welspun Specialty:* Company has set the record date for its rights issue as March 1, 2025. (Neutral)

*MPS:* Board meeting on Feb 28, 2025, to consider and approve potential fund-raising proposals, including equity share issuance or other equity-linked instruments. (Neutral)

*Tata Communications:* Company issued and allotted ₹465 Cr Commercial Paper. (Neutral)

*Ganesh Housing:* NDS family trust acquired 31.33 lakh shares through off market transaction on 20th February. (Neutral)

*Godrej Ind:* Anamudi Real Estate LLP has acquired 23.05 lakh shares of the company through open market purchase on 20th February. (Neutral)

*Steel Strips:* Company announced the resignation of Sandeep Sharma, Senior Executive Director (Commercial) (Neutral)

*LIC:* Company gets GST, interest & penalty notice of ₹57.3 crore for FY2020-21 (Neutral)

*Adani Energy:* Adani Electricity Mumbai tops three separate national rankings by the Ministry of Power in performance excellence, customer service, and overall performance. (Neutral)

*IREDA:* Company shareholders approve raising ₹5,000 crore via QIP (Neutral)

*ONGC:* Board approved investing ₹1,200 Cr in ONGC Green Limited (OGL) through a rights issue. (Neutral)

*LIC Housing:* Board Meeting to be held on 05-Mar-2025 to consider Fund raising. (Neutral)

*Akzo Nobel:* India's board approved the sale of its Powder Coatings business and R&D center for ₹2073 Cr and ₹70 Cr to promoter. (Neutral)

*UPL:* UPL Global Ltd, UK, has made a further investment in Origeo Comercio de Produtos Agropecuarios S.A., a joint venture in Brazil. (Neutral)

*SBI Life:* Company appoints Dorababu Daparti as Deputy Chief Executive Officer of the company w.e.f. Monday, February 24. (Neutral)

*Shree Cement:* Company faces ₹41 crore GST demand over valuation, excess Input Tax Credit (Negative)

Stocks Picker Articles

24 Feb 2025 10:48

HAL ; Sources Says There will be talks on accelerating the production of fighter jets

The committee will submit its report in 1 month

Production of fighter jets like Tejas, AMCA, TEDBF will increase

There will be discussion on inclusion of private defense manufacturers

Defense Ministry formed a committee for faster production - ZEE BUSINESS

Stocks Picker Articles

24 Feb 2025 09:52

*BHARAT FORGE:* CO SAYS ELECTRONICS DIVISION OF KALYANI POWERTRAIN COLLABORATES WITH AMD TO STRENGTHEN INDIA’S SERVER ECOSYSTEM (SUPPORTIVE FOR STOCK PRICES)

Stocks Picker Articles

24 Feb 2025 08:46

GRAVITY INDIA : PROMOTER , MD SOLD 0.83 % STAKE ON 20 FEB VIA OPEN MARKET

Stocks Picker Articles

24 Feb 2025 08:14

INFOSYS Ceo Says On Trump Govt: We feel better prepared

We have large opportunity to buy, acquisitions will be larger

Need to be relevant, we are 60% digital now up from 20% a few years ago

Al is a small part of our revenue, but remains most in discussion

Will see more business for tech as US economy becomes stronger - ETNOW

Stocks Picker Articles

24 Feb 2025 07:08

TESLA Vs TATA & MAHINDRA

1. Can TESLA eat Tata & Mahindra Market share ?

2. Is Tata & Mahindra Game Over ?

✅ Answer : BIG NO

Let's Understand with help of real data

1️⃣ CHEAPEST Tesla Car : $40000
Indian Price : ₹40 Lacs (Including 15%)
🚗 Range : 360 Miles

2️⃣ Tata Nexon EV Top Price : ₹18 Lacs
🚗 Range : 480 Kms

3️⃣ Top Price of Mahindra EV : ₹32 Lacs
🚗 Range : 650 Kms
(Mid range cars are available from ₹20 lacs with 500 Range)

Now tell me how TESLA with starting price above ₹40 lacs can compete with ₹20 lacs car ?

All above shared information is based on TESLA US price (Converted) and Indian car prices on website

TESLA is a premium car and it will compete with BMW, MERCEDES & AUDI etc

Stocks Picker Articles

25 Feb 2025 07:48

BLUESTAR; The demand for room ACs is seeing substantial growth, driven by intense summer heat across various parts of the country and the rising disposable incomes of India's expanding
middle class.

Additionally, this growth is fueled by the increasing demand in Tier 3, 4, and 5 markets, as well as by replacement buyers and those purchasing ACs for additional rooms in their homes. According to estimates, India's AC industry is projected to double by FY30.

To meet this growing demand, Blue Star has launched a slew of products, leveraging its
manufacturing, R&D and innovation capabilities to introduce new, differentiated and best-in-class ACs.

Stocks Picker Articles

25 Feb 2025 07:41

Ajay Argal of Franklin Templeton.

Growth slowdown has been relatively lower for the financial sector

Valuations of financials look attractive, lower than 5-10 year averages

No signs of systemic deterioration in asset quality for the financial sector

Within financials, private sector banks are much better placed

Consumption might pick up; Finance Commission settlement next year could aid growth

Had exposure to select internet and new-age tech companies

Underweight on industrials; valuations are not attractive and much higher than 5-10 year averages

Stocks Picker Articles

25 Feb 2025 07:20

Tesla sales crash 45% in Europe as rivals surge, Musk’s politics spark backlash - BLOOMBERG

Stocks Picker Articles

25 Feb 2025 06:40

HSBC MF Says Believe Market Correction Is Healthy, Getting Close To The Bottom

From Historical Perspective, Small Caps & Midcaps Still Look Expensive

Platform Set For Smaller Companies To Grow Faster - CNBCTV18

Stocks Picker Articles

25 Feb 2025 05:32

SBI Securities have compiled the result concall summaries of 210 companies attended by the research team during the course of the 3QFY25 earnings season.

⏩ It covers all the major sectors such as IT, BFSI, Capital Goods, FMCG, Consumption, Cement, Metals and Mining, Chemicals, Auto, Hotels, Telecom, Real Estate, EMS, Pharma, Textiles, Sugar, Plastic Products and Consumer Durables.

⏩ It provides valuable insights on the management's outlook regarding their companies as well as the respective industries.

⏩ It will help investors frame a medium to long term view on their investments.

Phillip Capital sees 46% UPSIDE in KDDL - Play on Indian luxury market

Phillip Capital sees 33% UPSIDE in Sansera Engineering - Muted Growth, Better days ahead

Phillip Capital sees 39% UPSIDE in Camlin Fine Sciences - EU and China losses behind; Vanillin is all set drive profitable growth

Phillip Capital sees 58% UPSIDE in Pennar Industries - Riding on capex cycle

HEM Securities sees 16% UPSIDE in Ethos - Ethos plans to add 100 stores over the next 5 years, with company has maintained its long-term growth target of achieving 10x revenue growth over the next decade

Ventura sees Suyog Telematics @ INR 2289 in 24 months (110% UPSIDE)

Since our initiating coverage in October 2024, the stock experienced a strong rally but later retraced the entire gain to INR 1067. This was driven by temporary billing delays, a higher proportion of macro site deployments that take longer to become operational affecting near-term revenue visibility. While industry tailwinds and India’s telecom infrastructure rapidly expanding, STL’s long term fundamentals remain intact.

Stocks Picker Articles

25 Feb 2025 04:21

*Corporate Actions*

*Dividend*

*25-Feb-25*
SBICARD: Interim Dividend - Rs. - 2.50

*28-Feb-25*
BHATIA: Interim Dividend - Rs. - 0.01
IGIL: Interim Dividend
PANCHSHEEL: Interim Dividend - Rs. - 0.80
PFC: Interim Dividend - Rs. - 3.50

*IPO*
---

*Buyback*
NAVA: Ex-Date: 28-Feb-25

*Bonus*
---

*Stock Split*
RDB Realty & Infrastructure: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 28-Feb-25
Oasis Securities: 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
Mangalam Global Enterprise: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 04-Mar-25
IOL Chemicals and Pharma: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 11-Mar-25

*Right Issue*
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

25 Feb 2025 04:13

*Stocks in Action*

*Emami Ltd:* It is one of India's leading FMCG companies engaged in manufacturing & marketing of personal care & healthcare products. Emami is the flagship company of the diversified Emami Group. The company sells over 300 diverse products.The company posted healthy results for the quarter ended Q3FY25 with Revenue from operations growing by 5% YoY to Rs 1,049 cr. Core Domestic Business grew by 9% YoY with 6% YoY volume growth. Gross Margins stood at 70.3% expanding by 150 bps YoY. EBIDTA came at Rs 339 crore up by 8% YoY, with EBIDTA margins improving by 70 basis points to 32.3%. Profit after tax stood at Rs 279 crore, up 8% YoY. The company rebranded Fair and Handsome to Smart and Handsome in Jan’25. During the quarter Key brands such as the Healthcare range and BoroPlus range delivered strong growth despite the challenges posed by delayed and mild winters. Meanwhile, Navratna and the Pain Management portfolio showcased remarkable resilience, achieving growth in the low single digits. On the distribution front, the company’s organized channels—Modern Trade, e-Commerce, and Institutional Sales—continued their robust performance, now contributing 28.6% of the domestic business, an increase of 160 basis points in Q3. These channels demonstrated nearly double the growth rate compared to overall business, underscoring their critical role in drivingbusiness expansion. *Positive on Emami Ltd given the strong fundamentals and performance of the company.*

*Maruti Suzuki India Ltd(MSIL)* : It is engaged in manufacturing, purchase and sale of motor vehicles, components and spare parts. The other activities of the Company comprise facilitation of preowned car sales, fleet management and car financing. The company posted healthy set of numbers for the quarter ended Q3FY25 registering highest-ever sales of Rs 38,764 cr , up 15% YoY . EBITDA for the quarter came at Rs 5,076 cr up 14% YoY, with EBITDA margin coming at 13%. Net Profit for the quarter stood at Rs 3,737 crore, reflecting a 12.6% increase YoY. The company sold 5,66,213 units during the quarter. Meanwhile, sales in the domestic market stood at 4,66,993 units. The company exported 99,220 units, the highest-ever in any quarter. Going forward, India’s low car penetration and rising incomes create strong long-term growth potential, with MSIL expanding capacity to over 40 lakh units by FY31. The company leads exports with a 49% market share and plans to ship its first EV, the e-Vitara, to 100+ countries. MSIL aims to become India’s top EV manufacturer within a year, strengthening its global presence and domestic market dominance. *Positive on Maruti Suzuki Ltd given the strong fundamentals and performance of the company.*

Stocks Picker Articles

25 Feb 2025 04:06

*Bulk Deal & Insider Trade*

*Bulk Deals*
*Quality Power Elec Equp L: Pentateam Inventure Capital Scheme I Sell 838512 Shares @ Rs. 410.68
*Sampann Utpadan India Ltd: Davos International Fund Sell 950000 Shares @ Rs. 29.96
*Sampann Utpadan India Ltd: Antara India Evergreen Fund Ltd (Antara India Evergreen Fund(Fpi)) Buy 932555 Shares @ Rs. 29.96
*Cotfab: Craft Emerging Market Fund Pcc- Elite Capital Fund Buy 142000 Shares @ Rs. 36.85

*Block Deals*
*Aarti Bhatia Buy 204527 Shares of Solara @ Rs. 490
*Bhatia Suresh Sell 204527 Shares of Solara @ Rs. 490

*Insider Trade*
*Acquisition*
* Agro Tech Foods Ltd.: Infinity Portfolio Holdings, Promoter Group, Acquisition 23592 shares on 18-Feb-25
* Ncc Limited: Alluri Arundhati, Promoter Group, Acquisition 20000 shares on 18-Feb-25
* Nahar Spinning Mills Ltd.: NAHAR CAPITAL AND FINANCIAL SERVICES LIMITED, Promoter Group, Acquisition 23816 shares on 20-Feb-25
* Ncl Industries Ltd.-$: Kakatiya industries Pvt Ltd, Promoter Group, Acquisition 2094 shares on 21-Feb-25
* La Opala Rg Ltd.: GENESIS EXPORTS PRIVATE LIMITED, Promoter, Acquisition 20000 shares on 20-Feb-25
* Jindal Steel & Power Ltd.: Jindal Power Limited, Promoter Group, Acquisition 135000 shares on 18-Feb-25
* D B Corp Ltd: Promoter & Director, Acquisition 170725 shares
* Stel Holdings Ltd: DIGIDRIVE DISTRIBUTORS LTD, Promoter Group, Acquisition 1499 shares
* Alembic Pharmaceuticals Ltd.: Chirayu Ramanbhai Amin HUF, Promoter Group, Acquisition 4247 shares on 21-Feb-25

*Disposal*
* Gp Petroleums Limited: Nivaya Resources Private Limited, Promoter, Disposal 136501 shares on 20-Feb-25

*Dividend Update*
*SBI Cards And Payment Services Ltd.: Interim Dividend Rs. 2.50; Ex Date: 25-Feb-2025

Stocks Picker Articles

25 Feb 2025 03:30

*Fund Houses Recommendations*


GS on *Indigo:* Maintain Buy on Company, target price at Rs 5050/Sh (Positive)

MOSL on *Union Bank:* Maintain Buy on Bank, target price at Rs 135/Sh (Positive)

MOSL on *APL Apollo:* Maintain Buy on Company, target price at Rs 1830/Sh (Positive)

Bernstein on *HDFC Bank:* Maintain Outperform on Bank, target price at Rs 2300/Sh (Positive)

Bernstein on *Zomato:* Maintain Outperform on Company, target price at Rs 310/Sh (Positive)

Jefferies on *Shriram Fin:* Maintain Buy on Company, target price at Rs 710/Sh (Positive)

Jefferies on *KFin Tech:* Maintain Buy on Company, target price at Rs 1310/Sh (Positive)

GS on *Trent:* Zudio stores ramping up faster, strategic expansion aims for higher customer wallet share, target price at Rs 8120/Sh (Positive)

JP Morgan on *Defense:* Recent corrections makes valuations reasonable. Top picks- HAL and BEL (Positive)

CLSA on *India Strategy:* Government of India actions provide hope of recovery in activity.
Consensus EPS cut trends prevails-likely to bottom out in H1FY26. Top picks- Adani Ports, Bajaj Auto, Marico and Shriram Finance (Positive)

MS on *FMCG sector:* Q3 demand trends improved sequentially yet overall remaining subdued, volumes were weak while value growth improved owing to price hikes (Neutral)

Jefferies on *e-Commerce:* DMart Ready leads in pricing, Zepto Super Saver close competitor, Flipkart Minutes aggressive (Neutral)

GS on *Bharti Airtel:* Maintain Buy on Company, target price at Rs 1780/Sh (Neutral)

GS on *Indus Tower:* Maintain Sell on Company, target price at Rs 330/Sh (Neutral)

UBS on *PFC:* Maintain Buy on Company, target price at Rs 670/Sh (Neutral)

UBS on *REC:* Maintain Buy on Company, target price at Rs 600/Sh (Neutral)

MS on *SBI Cards:* Maintain Equal weight on Company, target price at Rs 685/Sh (Neutral)

Bernstein on *ICICI Bank:* Maintain Market perform on Bank, target price at Rs 1440/Sh (Neutral)

JP Morgan on *SBI Cards:* Maintain Neutral on Company, cut target price at Rs 395/Sh (Neutral)

Stocks Picker Articles

24 Feb 2025 11:05

NTPC Green Energy Shares Plunge Below IPO Price

• Shares of NTPC Green Energy Ltd. dropped 8% on February 24th, falling below ₹100, due to the expiration of a three-month shareholder lock-in period.

• Approximately 18.33 crore shares (2% of outstanding equity) became eligible for trading, although not all are expected to be immediately sold.

• The stock's decline follows a 35% correction from its post-listing high and weaker-than-expected December quarter results showing a decline in EBITDA and margins.

Stocks Picker Articles

24 Feb 2025 10:37

Nifty set for worst monthly losing streak in 28 years

The last time Nifty saw a decline of five consecutive months was between July and November 1996

This market is getting scarier by the day...

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24 Feb 2025 08:46

INOX WIND: SMALLCAP FUND ACQUIRED 2,550,038 SHARES IN OPEN MARKET

Stocks Picker Articles

24 Feb 2025 08:46

Omaxe Limited

Promoter Mr. Rohtas Goel Acquired 12,84,120 (0.7%)

Stocks Picker Articles

24 Feb 2025 07:19

GRSE Management Guidance

🎯 Expect 25% revenue CAGR

🎯 At 8.5% PAT margins, FY27e Net Profit of Rs.600cr looks achievable

🎯 Orderbook headed to Rs.40k cr vs sub Rs.25k cr now

🎯 Exports will move to 10% vs zilch a few years ago

Stocks Picker Articles

24 Feb 2025 06:36

BHARTI AIRTEL

CO AND APPLE ENTER INTO A STRATEGIC PARTNERSHIP TO EXCLUSIVELY OFFER APPLE TV+ AND APPLE MUSIC TO ITS WI-FI AND POSTPAID CUSTOMERS

Apple TV+ and Apple Music to its Wi-Fi and Postpaid customers

Apple TV+ is now available to all Home Wi-Fi customers at tariffs starting Rs. 999

All postpaid customers on plans above Rs. 999 will now have access to Apple TV+ and can enjoy 6 months free of Apple Music