Jharkhand48

Oct 09 2023, 10:02

Stock Radar: Mphasis bounces back; could reclaim high:

Short-term traders can look to buy the stock now for a target of above 2500 levels in the next 2-3 weeks, suggest experts.

The IT stock witnessed a breakdown after retesting 2,200-2,250 levels in February 2023. It found support above 1,600 levels in March 2023 and then in April 2023.


The stock witnessed strong momentum after it formed a Golden Crossover on the daily charts in early August 2023.
In terms of price action, the stock is trading well above most of the crucial short- and long-term moving averages such as 5,10,30,50,100 and 200-DMA on the daily charts which is a positive sign for the bulls.

“Mphasis stock has exactly tested its 50-DEMA, and support-based buying can be seen at these zones. The stock has been trending higher for the last six months and has shown relative strength in the entire sector,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd,said.
“Traders can buy the stock for a target of Rs 2525 in the next 2-3 weeks. A stop loss can be placed below Rs 2360 on a closing basis,” recommended Sarda.


source:et 

Jharkhand48

Oct 09 2023, 09:41

To kick-start your day, India’s stance on Israel-Palestine:

A statement from the Indian Prime Minister said that the country “stands in solidarity with Israel at this difficult hour.” Sources tell ET Prime that India is shocked at the scale of Israeli civilian deaths and is seen akin to Mumbai 26/11 style. The wording of this statement offers a glimpse into how India’s foreign policy towards the Israel-Palestine conflict could be changing. 

Temasek is in advanced talks with Tata Group to sell its 20% stake in Tata Play at a valuation exceeding USD1 billion.

Temasek has been attempting to offload its stake, but negotiations have been hindered by disagreements over valuation and unsuccessful attempts at a public listing.

Nifty IT Index so far retraced more than 50% Fibonacci levels from the fall of all-time high. The IT companies are expected to start posting its quarterly results from next week.


source:et 

Jharkhand48

Oct 08 2023, 20:18

Hyderabad startup is digitising kabadiwallas:


 waste management is a USD100 billion industry largely informal, and cash driven. Recykal, a B2B tech startup, is trying to disrupt waste management through a digital marketplace for the sale and purchase of trash.

 Recykal is helping Coca-Cola, Marico, Nykaa and others become plastic-neutral. It has prominent investors like Morgan Stanley and Singapore-based Circulate Capital, Pidilite among others.

With the power of tech, Recykal is changing India’s waste-management business, which is largely informal, cash-driven and fragmented with multiple middlemen. The startup is working to revolutionise the conventional waste-recycling business through a managed marketplace for scrap trading on a digitised platform.
 
Abhay Deshpande, a seasoned entrepreneur who founded Recykal in 2016 launched the country’s first marketplace in waste management in 2018 and that remains the soul of the business. It just provides a tech platform to producers, waste generators, recyclers, and different stakeholders in the waste-management industry and is not involved in recycling processes. 

 The waste is collected from our homes till it reaches the recycler, it changes hands six times – the local kabadiwala, the small aggregator, the baler (who converts waste to bale), the large aggregator, the trader, and the recycler. 

Recykal has 80%-85% rejection of applicants wanting to onboard the marketplace in the absence of proper compliances like GST. “Dhanda kam karenge par saaf karenge (we will do less business but stay clean)”, says Deshpande, who has a team of 40 along with four co-founders.

Circulate Capital is a Singapore-based investment management fund investing in high-potential companies that divert plastic waste from landfills and toward a circular future. 

Keeping in mind India’s 1.4 billion population, Deshpande says every waste sector is a multi-billion-dollar opportunity and several companies like his are needed in the waste-recycling business.




source:et 

Jharkhand48

Oct 08 2023, 08:44

Power sector at growth of upside potential up to 31%:


The state of the power sector was pretty much similar to what we saw in new age companies in the middle of 2021 to some extent even today. Super optimistic estimates of growth of the sector. Then comes the reality check, for almost 12 years, power stocks were down in the dumps. Now once again the sector is in the limelight for different reasons. The story has a list of power companies with"buy" and "strong buy", reco from analysts.


 Power sector is one, where some basic principles of economics are turned upside down. Despite the fact that demand is always more than supply, the companies in this sector find it difficult to survive.


 But power being a very long term before balance sheet and cash flows become stable and have an annuity sort of income, it might be better to look at stocks from PSU space or the stock of companies from private sector which have been in this business much before the power sector became the new buzz word of the street.

The stocks collated with data from the latest Stock Reports Plus report dated Oct 7th, 2023. For the purpose of this report the list has been sorted with the highest potential stock coming on the top of the list.




source:et 

Jharkhand48

Oct 07 2023, 19:09

वित्त प्रभावकों पर सेबी का नियंत्रण,कितना कारगर;मुश्किल समय:


यूट्यूब चैनलों के माध्यम से, कई फिनफ्लुएंसर उपयोगकर्ताओं को एक लिंक पर क्लिक करने के लिए मजबूर करते हैं जो उन्हें ब्रोकर पेज पर ले जाता है जहां उन्हें ब्रोकिंग खाता खोलने और तीन महीने के लिए व्यापार करने के लिए मजबूर किया जाता है। "खुदरा व्यापारी यह नहीं समझते हैं कि प्रत्येक व्यापार के लिए वे दलाल बनाते हैं और यहां तक ​​कि वित्तपोषक भी गंभीर पैसा कमाते हैं।

खान जुबारे कहते हैं, "समस्या बहुत व्यापक है। कुछ ब्रोकरेज के ऐप्स को क्लोन करना बहुत आसान है, और फिर एक विशेष समय पर हुए ट्रेडों को दिखाना (जबकि इन्हें बाद के समय में कुंजीबद्ध किया गया था) और बना-बनाया मुनाफा दिखाना।"

 "ऐसे कई तथाकथित प्रभावशाली लोग हैं, जिनकी कार्यप्रणाली यूट्यूब और इंस्टाग्राम के माध्यम से लोगों को जीवनशैली में बहुत गुलाबी बदलाव दिखाना और भोले-भाले लोगों को आकर्षित करना है। वे

 यूएस सिक्योरिटीज एंड एक्सचेंज कमीशन ने आठ सोशल मीडिया प्रभावितों पर 100 मिलियन अमेरिकी डॉलर की प्रतिभूति धोखाधड़ी योजना का आरोप लगाया, जिसमें उन्होंने एक्सचेंज-ट्रेडेड स्टॉक में हेरफेर करने के लिए सोशल मीडिया प्लेटफॉर्म ट्विटर और डिस्कोर्ड का इस्तेमाल किया।

 सेबी ने पंजीकृत मध्यस्थों और विनियमित संस्थाओं के फिनफ्लुएंसर सहित अपंजीकृत संस्थाओं के साथ जुड़ाव पर अंकुश लगाने का प्रस्ताव दिया है।

 "उन सभी को रेखांकित करना कठिन है। यदि कोई यादृच्छिक व्यक्ति टेलीग्राम या व्हाट्सएप पर छिपी हुई पहचान के साथ अनुयायियों का निर्माण कर रहा है, तो सहसंबंध बनाने का कोई तरीका नहीं है। जहां भी यह स्पष्ट है कि कोई व्यक्ति प्रभावित करने की क्षमता में है, वह डिस्काउंट ब्रोकरेज ज़ेरोधा के सह-संस्थापक नितिन कामथ कहते हैं, "एक प्रभावशाली व्यक्ति कहा जा सकता है।"

 राठौड़ कहते हैं, "आप लोगों को सामग्री बनाने से नहीं रोक सकते और न ही लोगों को सामग्री पोस्ट करने से रोक सकते हैं। लेकिन आप जो कर सकते हैं, वह स्पष्ट नियम निर्धारित कर सकते हैं। इससे यह सुनिश्चित होता है कि जनता गुमराह न हो और स्पष्ट खुलासे हों।" व्यक्तिगत वित्त के इर्द-गिर्द सामग्री बनाता है।


source:et 

Jharkhand48

Oct 07 2023, 18:47

जलवायु परिवर्तन की स्थिति चावल उत्पादन हेतु प्रतिकूल:


पाकिस्तान और चीन के कुछ हिस्सों में जलवायु परिस्थितियाँ चावल की फसलों के लिए प्रतिकूल हो रही हैं। फिर यूक्रेन युद्ध के कारण बंदरगाहों की पहुंच का मुद्दा आया। 

इससे चावल और कुछ अन्य कृषि वस्तुओं की कीमत में अचानक वृद्धि हुई। फिर सरकार की प्रतिक्रिया आई, चुनिंदा गुणवत्ता और खंड के चावल के निर्यात पर प्रतिबंध लगा दिया गया.

 क्या यह भारत की चावल निर्यातक कंपनियों और खुदरा निवेशकों के लिए भी अवसर लाएगा? अगर कोई बॉटमलाइन ब्रांडेड चावल विक्रेताओं पर नजर डाले तो यह उम्मीद से बेहतर रहा है। हालाँकि, कृषि क्षेत्र के शेयरों की बहुत अधिक अनुशंसा नहीं की जाती है, शायद इसलिए कि वे प्रकृति में बड़े पैमाने पर छोटे और मिड-कैप हैं।

 महत्वपूर्ण मुद्दा यह है कि खुदरा निवेशकों को इन शेयरों को सामरिक दांव के रूप में देखना चाहिए या दीर्घकालिक निवेश के रूप में। यह समझने के लिए कि क्या तेजी का रुझान बरकरार रहेगा या नहीं।


जहाँ तक जलवायु परिवर्तन का सवाल है, वे दुनिया के विभिन्न हिस्सों में होते रहते हैं और विभिन्न फसलों को प्रभावित करते हैं।


 बढ़ती कीमतों की मौजूदा लहर हेड और टेलविंड का मिश्रण लाती है। जो कंपनियाँ चावल का निर्यात कर रही हैं और वह भी ब्रांडेड, उनका मुनाफा बेहतर रहने की संभावना है।


 देखने वाली मुख्य बात यह होगी कि क्या आने वाले महीनों में इन शेयरों में संस्थागत हिस्सेदारी में कोई बढ़ोतरी होती है। अगर ऐसा है तो लंबी अवधि में एक तरह की री-रेटिंग हो जाएगी।


चावल क्षेत्र के स्टॉक - तेजी की संभावना

6 अक्टूबर, 2023

कंपनी का नाम
केआरबीएल
औसत स्कोर 8 रेको
विश्लेषक गणना
1
12.1

ऊपर की ओर संभावित% मार्केट कैप करोड़ रु
उदाहरण हिस्सेदारी%
2.7
मार्केट कैप प्रकार
मध्य
9,031
एलटी फूड्स

कंपनी का नाम औसत स्कोर
9
रेको

 एलटी फूड्स लिमिटेड एक उपभोक्ता खाद्य कंपनी है। कंपनी चावल खंड के निर्माण और भंडारण के माध्यम से काम करती है।

 चमन लाल सेतिया एक्सपोर्ट्स लिमिटेड एक कंपनी है जो बासमती चावल की मिलिंग और प्रसंस्करण के व्यवसाय में लगी हुई है।


 कोहिनूर फूड्स लिमिटेड एक कंपनी है जो खाद्य उत्पादों के निर्माण, व्यापार और विपणन के व्यवसाय में लगी हुई है।


source:et 

Jharkhand48

Oct 07 2023, 09:59

American dreams in Charlotte:

 The US continues to be a passport to a ‘better life and big opportunities’. 
Even though studying in the US is highly expensive for Indian students, many hope to land a job in multinationals and stay on to live the American dream. 
However, for most, it’s a ticket back home after the studies are over.

If you are an Indian tourist ticking the US off your bucket list. It doesn’t have the vibe of Chicago, San Francisco, Los Angeles, or the Big Apple. One can easily mistake it for a sleepy little town. But this is where a lot of Indian students come every year to study at the University of North Carolina.
 
Like any other restaurant in India where you can get ‘Indian Chinese’, local beer brands, dal, and an assortment of other popular Indian dishes, with old Hindi songs playing in the background.

When you enter Suvidha, an Indian supermarket that sells spices, ready-to-cook Indian meals, packaged snacks, and more, the feeling is distinct that Onam is over and it’s time to celebrate Ganapati Bappa. There are Ganesha idols all around Suvidha. 

The number of Indian students at the university has doubled in the last seven years. These students don’t chase NEET, CUET, or CAT. They leave India to pursue higher education and live the great American dream. 

Mahesh Reddy from Telangana is one such student seeking to make it big in the US.

Reddy, who is pursuing graduate studies in Computer Science, works at Sarangi part time, twice a week. “My parents have put in a lot of effort and money in sending me here. More than their decades of savings, and money from a house they sold, helped fund my passage to UNC. I can’t disappoint them,”

Reddy stays with five others, all from Telangana, in an apartment owned by an Indian. A local American will not permit so many in a two-room apartment, points out Reddy even as he rues everything is expensive. 

The shared apartment helps bring down the rent to USD200 per month per person for Reddy and the five others. 

Charlotte, the capital city of North Carolina,is also the corporate head office of Bank of America, Honeywell International, Wells Fargo, among others.

Maya, who just started her undergraduate studies. 

“I don’t want to go back,” says an excited Maya. She plans to stay on after studies and eventually wants to become a US citizen.

“Things are expensive here. But look at it, even a hospital nurse starts at USD50 an hour, which can increase to USD70 in about five years. Even working five hours a day for 20 days a month will pay USD7,000,” says Maya. 

“Many might feel the American dream is fading. But when you come here even as a student, there’s a distinct pull of a ‘better life and bigger opportunities’, minus the daily friction of living in big Indian cities. That keeps me motivated to look for those breaks here,” says Maya.



source:et 

Jharkhand48

Oct 07 2023, 09:05

Sebi's control over fininfluencers,a hard time:


"The problem is much wider. It is very easy to clone apps of some brokerages, and then show trades that happened at a particular time (while these were keyed at a later time) and show made-up profits," says Khan Zubare.

 "There are many such so-called influencers, whose modus operandi is to show a very rosy change of lifestyle to people through YouTube and Instagram, and attract naive people. They

 The US Securities and Exchange Commission charged eight social media influencers in a USD100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks.

 Sebi proposed to curb the association of registered intermediaries and regulated entities with unregistered entities, including finfluencers.

 "It is hard to map all of them down. If some random person is building followers with a disguised identity on Telegram or WhatsApp, there is no way to correlate. Wherever it is evident that someone is in the capacity to influence, he/she could be called an influencer," says Nithin Kamath, co-founder of discount brokerage Zerodha.

 "You can't stop people from making content and stop people from posting content. But what you can do is, you can set clear rules. This ensures that the public is not misguided and there are clear disclosures," says Rathod, who usually makes content around personal finance.


source:et 

Jharkhand48

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 

Jharkhand48

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