Oct 07 2023, 07:38

Climate change turning adverse to rice crops:



Climatic conditions turning adverse to rice crops in parts of Pakistan and China. Then came the issue of accessibility of ports due to the Ukraine war. It led to a sudden rise in the price of rice and some other agri commodities. 

Then came the reaction of the government, ban on exports of select quality and segment of rice. 

Will this bring an opportunity for rice exporting companies of India and also the retail investors? If one looks at bottomline branded rice sellers, it has been better than expected. However the agri sector is not very stocks have a recommendation, probably because they are largely small and mid-cap in nature.

Important issue is whether retail investors should look at these stocks as tactical plays or as long term investment. To understand whether the up trend would be sustained or not.


climatic changes are concerned, they keep happening in different parts of the world and impact different crops.


 The current wave of rising prices brings in a mixture of head and tailwinds. Companies which are exporting rice and that too branded are likely to stay a healthier bottomline.


 A key thing to watch would be whether there is any increase in institutional shareholding in these stocks in coming months. if that is the case then would lead to a kind of re-rating in long term.


Rice sector stocks - Upside potential

Oct 6, 2023

Company Name
KRBL
Avg Score 8 Reco
Analyst Count
1
12.1

Upside Potential% Market Cap Rs Cr
Inst Stake%
2.7
Market Cap Type
Mid
9,031
LT Foods

Company Name Avg Score
9
Reco

 LT Foods Limited is a consumer food company. The Company operates through the manufacture and storage of rice segment.

 Chaman Lal Setia Exports Limited is a company which is engaged in the business of milling and processing of basmati rice.


 Kohinoor Foods Limited is a company that is engaged in the business of manufacturing, trading, and marketing food products.


source:et 

Oct 06 2023, 08:44

5 largecap stocks with upside potential of up to 31%:


Some events risks are on the domestic front and also because of developments in the US. It would be better that caution should be added to the decision making in the stock market. 

Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.

Some stocks which have shown outperformance in the phase of volatility in the nifty of the last few weeks. Either the stock has not fallen as much as the Nifty or it has been able to move up even if the index has slipped southward and when Nifty witnessed a recovery.

The 5 stocks which have moved up in the last week, where an increase in price, even as minor as one percent.

Large Cap Stocks with Score Improvement Week on Week
Upside Potential - Oct 5, 2023

MISSING: summary MISSING: current-rows. MISSING: sort-direction / descending MISSING: sort-column
	
Company Name	Latest Avg Score	Avg Score 1W ago	Reco	Analyst Count	 Upside Potential %	1W Return %	Inst Stake %	Market Cap Rs Cr
	
PB Fintech	6	5	Buy	15	31.8	2.14	29.5	34,184
	
Zomato	6	5	Buy	24	29.0	0.65	34.9	86,690
	
Nippon Life AMC	7	6	Buy	16	23.3	0.33	88.0	20,771
	
Larsen & Toubro	9	8	Buy	37	18.9	2.11	48.6	425,354
	
NHPC	9	8	Strong Buy	10	18.3	2.40	20.6	53,460

 Calculated from highest price target given by analysts
Source: SR Plus

PB Fintech Limited is a company that provides an online platform for insurance and lending products by leveraging the power of technology, data and innovation.

Zomato Limited is a company, which operates as an Internet portal.

Nippon Life India Asset Management Limited is an asset management company. 

Larsen and Toubro Limited is a company that is engaged in technology, engineering, construction, manufacturing and financial services company.
 
NHPC Limited is a company that is primarily engaged in the generation of electricity.nglomerate with global operations.




source:et 

Oct 06 2023, 08:11

Kick start of the day;MG Motor’s Indian route:

Chinese auto major SAIC and Indian conglomerate JSW Group are said to have agreed on jointly owning MG Motor in India.

JSW Group, Indian financial institutions, Indian dealers, and employees could take 49% stake in MG Motor at a valuation of INR7,000 crore-INR8,000 crore. SAIC plans to further dilute its 51% stake to 38%-40% stake through an IPO later.

MG Motor will continue to pay royalty to SAIC until MG Motor India builds its own products and technology. 
 
Polygon co-founder Jaynti Kanani steps down from the firm.

X (formerly Twitter), Kanani said that he stepped back from day-to-day operations six months back. He further added that he will be focusing on his newer ventures.

RBI approves one-of-its-kind merger of a fintech company with a bank.

North East Finance Bank, post shareholders’ and other regulatory approvals. In March, Slice picked 5% in the bank. It’s a one-of-its-kind merger because here, technically a fintech firm has got the prized banking licence.

Quadrillion Finance has a licence to operate prepaid payments instruments (PPI), is likely to hold a majority stake and infuse capital into the merged bank. 
 
India to stay firm on October 10 deadline on reduction of Canadian diplomatic staff in India to achieve parity.






source:et 

Oct 05 2023, 10:55

ये बैंक स्टॉक दे सकते हैं 20% से ज्यादा रिटर्न:

अगले 12 महीनों के लिए बैंकिंग स्टॉक। इस रिपोर्ट के प्रयोजन के लिए, हमने उन शेयरों को फ़िल्टर किया है जिनमें विश्लेषकों की संख्या 40 तक है और तेजी की संभावना 31% तक है।

रिफ़िनिटिव, मानकीकृत स्कोर उत्पन्न करने के लिए पांच प्रमुख घटकों - कमाई, बुनियादी बातों, सापेक्ष मूल्यांकन, जोखिम और मूल्य गति पर ध्यान केंद्रित करने वाले विस्तृत कंपनी विश्लेषण के साथ 4,000 से अधिक सूचीबद्ध शेयरों के मूल्य लक्ष्य के लिए।

अगले 12 महीनों के लिए प्रत्येक बैंकिंग स्टॉक का मूल्यांकन करने वाले विश्लेषकों की एक गिनती।

 इस रिपोर्ट के प्रयोजन के लिए, हमने उन शेयरों को फ़िल्टर किया है जिनमें विश्लेषकों की संख्या 40 तक है और तेजी की संभावना 31% तक है।

3 अक्टूबर तक बैंकिंग शेयरों में तेजी की संभावना

बैंक का नाम
माध्य लक्ष्य मूल्य
कीमत बंद करें
लक्ष्य बनाम वर्तमान(%)
विश्लेषक गणना

एचडीएफसी बैंक लिमिटेड
1,980.00
1,508.05
31.30
40

आईसीआईसीआई बैंक लिमिटेड
1,180.00
940.30
25.50
41

कोटक महिंद्रा बैंक लिमिटेड
2,160.00
1,727.05
25.10
38

सिटी यूनियन बैंक लिमिटेड
153.00
126.20
21.20
22





source:et 

Oct 05 2023, 09:59

स्टॉक राडार: हेल्थकेयर स्टॉक 52-सप्ताह के नए उच्चतम स्तर पर:

यदि जुलाई के उतार-चढ़ाव से ब्रेकआउट कायम रहता है, तो विशेषज्ञ देखते हैं कि स्टॉक 3-4 सप्ताह में 2700 रुपये के स्तर को पार कर जाएगा। उच्च जोखिम वाले व्यापारी गिरावट पर स्टॉक खरीदने पर विचार कर सकते हैं। एक हफ्ते में स्टॉक 7% से ज्यादा और एक महीने में 15% से ज्यादा चढ़ा है
जुलाई में लगभग 2,500 रुपये के उच्च स्तर पर पहुंचने के बाद स्वास्थ्य देखभाल क्षेत्र के शेयर एक दायरे में चले गए, लेकिन गति बनाए रखने में विफल रहे।

हेल्थकेयर स्टॉक 2 नवंबर 2022 को 52-सप्ताह के उच्चतम स्तर 2,684 रुपये पर पहुंच गया था, लेकिन गति बनाए रखने में विफल रहा।

एक हफ्ते में स्टॉक 7% से ज्यादा और एक महीने में 15% से ज्यादा चढ़ा है।
दैनिक एमएसीडी अपने केंद्र और सिग्नल लाइन से ऊपर है - यह एक तेजी का संकेतक है।

रुचि जैन, लीड रिसर्च, 5paisa.com, "डॉ लाल पैथलैब्स के स्टॉक में वॉल्यूम बढ़ने के साथ-साथ तेजी देखी गई है और कीमतों ने 2486 रुपये के स्विंग हाई रेजिस्टेंस के ऊपर ब्रेकआउट दिया है, जो जुलाई के महीने में देखा गया था।" कहा।

आगे उन्होंने कहा, "इसलिए, अल्पकालिक व्यापारी 2650 रुपये और 2,750 रुपये के संभावित लक्ष्य के लिए 2,520-2,500 रुपये के बीच स्टॉक में खरीदारी के अवसर तलाश सकते हैं।"


source:et 

Oct 05 2023, 09:54

दिन की शुरुआत:मारुति और महिंद्रा मुश्किल में:

 आईटी लेंस के तहत मारुति, महिंद्रा; इंडिया इंक का क्रेडिट स्वास्थ्य; और अदानी विंड की वैश्विक महत्वाकांक्षा।
 भारतीय ऑटोमोटिव उद्योग आयकर विभाग की कड़ी जांच के दायरे में आ गया है। 

इस साल मारुति और महिंद्रा एंड महिंद्रा (एमएंडएम) दोनों पर जुर्माना लगाया गया है।
उत्पाद शुल्क से जीएसटी में परिवर्तन के दौरान गलत इनपुट-टैक्स क्रेडिट लेने के लिए उन्हें 14.3 लाख रुपये से अधिक का जुर्माना भुगतना पड़ा।

फ्रॉस्ट एंड सुलिवन इंडिया के रिसर्च मैनेजर-मोबिलिटी प्रज्योत साठे का कहना है कि ऑटो-कंपोनेंट कंपनियों को भी कर अधिकारियों से नुकसान उठाना पड़ रहा है।
 
ऑटोमोटिव फर्मों पर लागू किए गए इनमें से अधिकांश दंड जीएसटी स्लैब पर स्पष्टता की कमी के कारण हो सकते हैं या कर अधिकारी इस वर्ष सख्त हो गए होंगे।

FY24 की पहली छमाही में, क्रिसिल रेटिंग क्रेडिट अनुपात पिछले वित्त वर्ष की दूसरी छमाही में 2.19 की तुलना में 1.91 रहा।
अदाणी विंड ने 2030 तक चरणबद्ध तरीके से क्षमता को 1.5 गीगावाट (जीडब्ल्यू) से बढ़ाकर 10 गीगावॉट करने की योजना बनाई है।


पुरानी पवन ऊर्जा को पुनर्जीवित करने के लिए नवीन और नवीकरणीय ऊर्जा मंत्रालय की नई मसौदा नीति को लेकर परियोजनाएं चालू की जा रही हैं।



source:et 

Oct 05 2023, 09:29

4 bank stocks can give over 20%:

 banking stock for the next 12 months. For the purpose of this report, we have filtered out stocks wherein the count of analysts is up to 40 and upside potential is up to 31%.

Refinitiv says,for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores.

A count of analysts evaluating each banking stock for the next 12 months. For the purpose of this report, we have filtered out stocks wherein the count of analysts is up to 40 and upside potential is up to 31%.

Banking stocks Upside Potential as of October 3

Bank Name Mean Target Price Close Price Target vs. Current(%) Analyst Count

HDFC Bank Ltd  1,980.00  1,508.05  31.34 40

ICICI Bank Ltd  1,180.00 940.30 25.50 41

Kotak Mahindra Bank Ltd 2,160.00 1,727.05
	25.10  38

City Union Bank Ltd  153.00  126.20  21.20 22




source: et 

Oct 05 2023, 09:16

Stock Radar:Healthcare stock at fresh 52-week highs after breakout:

If the breakout from July swing-high sustains, experts see the stock surpassing Rs 2700 levels in 3-4 weeks. High-risk traders can look to buy the stock on dips. The stock has rallied more than 7% in a week and over 15% in a month
Health care sector stocks moved in a range after hitting a high of around Rs 2,500 levels in July, but failed to hold on to the momentum. 
he healtcare stock had hit a 52-week high of Rs 2,684 on 2 November 2022, but failed to hold on to the momentum. 
The stock has rallied more than 7% in a week and over 15% in a month.
The daily MACD is above its center and signal Line — this is a bullish indicator.

“Dr Lal PathLabs stock has witnessed a swift up move along with rising volumes and prices have given a breakout above the swing high resistance of Rs 2486, which was seen in the month of July,” Ruchit Jain, Lead Research, 5paisa.com, said.
“Hence, short-term traders can look for buying opportunities in the stock in the range of Rs 2,520-2,500 for potential targets of Rs 2650 and Rs 2,750,he said.




source:et 

Oct 05 2023, 09:03

Kck-start the day, featuring Maruti and Mahindra run into fix:

 Maruti, Mahindra under I-T lens; India Inc’s credit health; and Adani Wind’s global ambition.
 
The Indian automotive industry has come under heavy scrutiny of the income tax department. This year, penalties have been imposed on both Maruti and Mahindra & Mahindra (M&M).

They faced a penalty of over INR14.3 lakh for incorrect input-tax credit availed during the transition from excise duty to GST. 

Prajyot Sathe, research manager-mobility at Frost and Sullivan India says auto-component companies have also been at the receiving end from the tax authorities .
 

Most of these penalties enforced on automotive firms could be because of lack of clarity on GST slabs or tax authorities may have become stricter this year.

In the first half of FY24, CRISIL Ratings credit ratio stood at 1.91 compared to 2.19 in the second half of last fiscal. 

Adani Wind plans to scale up capacity, in a phased manner, from 1.5 gigawatt (GW) to 10 GW by 2030.
The Ministry of New and Renewable Energy’s new draft policy for repowering old wind power




source:et 

Oct 04 2023, 11:21

Start of the day: Dunzo at crisis, Netflix over clinch:

Dunzo’s board left some; Netflix appeals against tax order; and a new malaria shot for children.
 Dunzo is left with only three board members, after five members, including two executives of the startup’s largest investor Reliance Retail, resigned in recent months.

Netflix will appeal to the income tax appellate tribunal against an INR196 crore tax demand for alleged tax evasion.

The current case marked India’s first attempt to tax foreign-based digital companies providing e-commerce services to Indian consumers. 

The arrival of Jio Cinema, which offers a substantial portion of its content for free, including premium sports events such as IPL, has added to the pressure on platforms such as Netflix and Amazon, leading to declining Arpu.
The World Health Organization (WHO) has recommended a new vaccine for malaria prevention in children.

A release from WHO says the vaccine showed 66% efficacy during the 12-month period following the first three doses. A fourth dose a year after the third maintained the same efficacy.

28 countries are expected to launch the vaccine. At a price range of USD2 to USD4 per dose, WHO says the vaccine’s cost is comparable with other malaria interventions. GSK’s Mosquirix, the only other vaccine, costs around USD5 per dose.


source:et