Oct 10 2023, 09:42

5 insurance stocks with upside potential of up to 34%:

After the changes in tax law, all insurance stocks were hit badly. 

While all three belong to the insurance sector, there is a world of difference between macro and micro factors which impact the bottomline of the life insurance, non life insurance and a health insurance player.

 Painting them with the same brush is not good for a portfolio. 

The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.

Health insurance the segmentmentation is very different, it is the rate of growth of certain industries like IT and ITES which has more impact than anything else.

Big incentives in life insurance is a well known industry practice, whereas in non-life it is not the case.

When the changes in tax law, all the stocks with the word insurance tumbled. But as it is important to understand that over a long term, both segments of insurance will have different trajectory. 

THE companies with a target upside potential of 34 percent from the Insurance sector. The stocks collated with data from the latest Stock Reports Plus report dated Oct 9th, 2023.

Insurance sector stocks - Upside potential
Oct 9, 2023

MISSING: summary MISSING: current-rows.
Company Name	Avg Score	Reco	Analyst Count	 Upside Potential %	Inst Stake %	Market Cap Rs Cr

Star Health & Allied Insurance	7	Buy	19	34.37	15.7	34,634

Max Financial Services	4	Buy	16	30.77	76.0	31,666

HDFC Life	4	Buy	31	29.97	23.8	135,658

ICICI Prudential Life	3	Buy	31	28.01	15.2	80,516

ICICI Lombard General	6	Buy	24	23.52	31.2	64,811

 Calculated from highest price target given by analysts


Star Health and Allied Insurance Company Ltd is a health insurance services provider. 

Max Financial Services Ltd
 is a company, which operates as a holding company for Max life insurance company.

HDFC life insurance company provides a range of individual and group insurance solutions across India. 

ICICI Prudential Life Insurance Company Limited is a life insurance company, which is a joint venture of ICICI Bank Limited and Prudential Corporation Holdings Limited. 

ICICI Lombard General Insurance Company Limited is a general insurance company. The Company offers insurance coverage for motor, health, travel, home, student travel, and more.



source:et 

Oct 10 2023, 09:25

Stock Radar: Sun TV stock upside 40% in 3 months:


Sun TV stock picked up momentum after climbing above the 50-DMA on the daily charts in early July. The stock did witness some resistance around Rs 630 levels in August,

Sun TV Network, a part of the TV broadcasting industry, has rallied more than 40% in the last 3 months, pushing the stock to a fresh high
 
The stock rose from Rs 443 as of 5 July to Rs 634 recorded on 5 October, which translates into a rise of over 40% in just 3 months.

Sun TV stock picked up momentum after climbing above the 50-DMA on the daily charts in early July. It did witness some resistance around Rs 630 levels in August, but took support above the 50-DMA on the daily charts.

 The stock is trading well above most of the crucial short- and long-term moving averages of 5,10,30,50,100 and 200-DMA 

“Sun TV stock has been forming a ‘Higher Top Higher Bottom’ formation and is thus in an uptrend. In the last one month, we witnessed some consolidation in a range which just seemed to be a time-wise correction within an uptrend,” said Ruchit Jain, Lead Research, 5paisa.com.

We expect the stock to rally higher in the short term. Traders can look to buy the stock in the range of Rs 630-620 for a potential target of around Rs 680 in the short term. The stoploss for long positions should be placed below Rs. 600,” recommended Jain.



source:et 

Oct 10 2023, 09:09

पूंजीगत वस्तु और इंजीनियरिंग क्षेत्र से 5 स्टॉक; 35% तक की तेजी की संभावना के साथ: 

पूंजीगत सामान और इंजीनियरिंग एक बहुत व्यापक शब्द है। छोटी मशीनरी के पुर्जे बनाने वाली कंपनी से लेकर बिजली उत्पादन के लिए बड़ी टरबाइन बनाने वाली कंपनी तक सभी एक साथ मिल जाती हैं। 

लेकिन वे सभी अलग-अलग हैं, जटिल कार्य करने की उनकी क्षमता और जिस उद्योग में वे काम कर रहे हैं, दोनों में। जबकि एक बिजली टरबाइन निर्माता को कठिन समय से गुजरना पड़ा, इस तथ्य को देखते हुए कि पिछले दस वर्षों में शायद ही कोई नया बिजली संयंत्र आया। 

कुछ अन्य लोग, जो रेलवे के साथ काम कर रहे थे, उनके लिए अच्छा समय था क्योंकि रेलवे का विस्तार और आधुनिकीकरण तेजी से चल रहा था। सूची में इस क्षेत्र से 49 प्रतिशत तक की लक्ष्य वृद्धि क्षमता वाली कंपनियां शामिल हैं। 

स्टॉक का मिलान 8 अक्टूबर, 2023 की नवीनतम स्टॉक रिपोर्ट्स प्लस रिपोर्ट के डेटा से किया गया। इस रिपोर्ट के प्रयोजन के लिए, स्टॉक की समग्र रेटिंग या तो "मजबूत" और "खरीदें" होनी चाहिए। इसके बाद सूची को सूची के शीर्ष पर आने वाले उच्चतम संभावित स्टॉक के साथ क्रमबद्ध किया गया है।  पूंजीगत सामान क्षेत्र के स्टॉक - तेजी की संभावना 8 अक्टूबर, 2023 गुम: सारांश गुम: वर्तमान-पंक्तियाँ। कंपनी का नाम औसत स्कोर रेको विश्लेषक गणना  

अपसाइड पोटेंशियल % इंस्टेंट हिस्सेदारी % मार्केट कैप प्रकार मार्केट कैप रु. करोड़ 

टिमकेन इंडिया 7 खरीदें 5 35.92 20.8 बड़ा 23,074 GMM Pfaudler 4 मजबूत खरीदें 3 34.36 28.9 मध्य 8,172 

वीए टेक वबैग 5 स्ट्रांग खरीदें 2 32.84 15.1 छोटा 2,862 

अनुप इंजीनियरिंग 9 खरीदें 1 29.32 9.8 छोटा 1,985 

आईएसजीईसी हेवी इंजीनियरिंग 7 मजबूत खरीदें 1 24.49 10.0 मध्य 5,206 

विश्लेषकों द्वारा दिए गए उच्चतम मूल्य लक्ष्य से गणना की गई 

 टिमकेन इंडिया लिमिटेड ऑटोमोटिव क्षेत्र और रेलवे उद्योग के लिए टेपर्ड रोलर बीयरिंग, घटकों और सहायक उपकरण के निर्माण और वितरण में लगी हुई है।

 GMM Pfaudler लिमिटेड रासायनिक और फार्मास्युटिकल उद्योगों में महत्वपूर्ण अनुप्रयोगों के लिए इंजीनियर उपकरण और सिस्टम का आपूर्तिकर्ता है। 

वीए टेक वाबैग लिमिटेड एक कंपनी है, जो जल उपचार के क्षेत्र में काम करती है। 

अनुप इंजीनियरिंग लिमिटेड एक कंपनी है जो प्रक्रिया उपकरणों के निर्माण और निर्माण में लगी हुई है। 
इज़गेक हेवी इंजीनियरिंग लिमिटेड एक भारी इंजीनियरिंग कंपनी है। source:et
 

Oct 10 2023, 09:00

3 insights to kick-start the day, AIIMS Delhi’s spiritual plans:

India’s premier medical institution All India Institute of Medical Sciences is mulling a department on spiritual medicine.

 AIIMS, Delhi is exploring creation of new departments for transplant medicine, medical education, and spiritual medicines.

 The first two faculties of science are evolving and must be promoted but the idea of setting up a department for spiritual medicine needs scientific deliberations.

Some academics within the prestigious educational institution and hospital have raised red flags, terming the move as “against scientific temperament”.

 If this fructifies, this will be the first such department that is not part of modern medicine.
Tech companies oppose India’s consumer guidelines, calling it an “overlapping regulation”.

The Asia Internet Coalition, representing major US tech giants such as Apple, Google, Meta, Amazon, and X (formerly Twitter), has vehemently criticised India’s proposed crackdown on dark patterns used by online companies to manipulate users.



source:et 

Oct 09 2023, 17:32

आपके दिन की शुरुआत करने के लिए, इसराइल-फिलिस्तीन पर भारत का रुख कैसे बदला:


भारतीय प्रधान मंत्री के एक बयान में कहा गया कि देश "इस कठिन समय में इज़राइल के साथ एकजुटता से खड़ा है।" 

सूत्रों ने ईटी प्राइम को बताया कि भारत इजरायली नागरिकों की मौत के पैमाने से हैरान है और इसे मुंबई 26/11 की तरह देखा जा रहा है। 

इस बयान के शब्दों से इस बात की झलक मिलती है कि इजराइल-फिलिस्तीन संघर्ष के प्रति भारत की विदेश नीति कैसे बदल सकती है।

टेमासेक टाटा प्ले में अपनी 20% हिस्सेदारी 1 बिलियन अमेरिकी डॉलर से अधिक के मूल्यांकन पर बेचने के लिए टाटा समूह के साथ उन्नत बातचीत कर रही है।

टेमासेक अपनी हिस्सेदारी बेचने का प्रयास कर रहा है, लेकिन मूल्यांकन पर असहमति और सार्वजनिक सूची में असफल प्रयासों के कारण बातचीत में बाधा आ रही है।


निफ्टी आईटी इंडेक्स अब तक सर्वकालिक उच्च स्तर की गिरावट से 50% से अधिक फाइबोनैचि स्तर पर पहुंच गया है। उम्मीद है कि आईटी कंपनियां अगले सप्ताह से अपने तिमाही नतीजे जारी करना शुरू कर देंगी।




source 

Oct 09 2023, 10:22

5 stocks of capital good and engineering sector; upside potential up to 35 %:

Capital goods and engineering is a very broad term. 

From a company making small machinery parts to one making a large turbine for power generation all tend to get clubbed together.

 But they are all different, both in their ability to perform complex tasks and the industry they are catering. 

While a power turbine maker had tough times given the fact hardly any new power plant came up in the last ten years. 

Some others like the ones which were dealing with railways, had a good time given the expansion and modernisation of railways has been on fast track.

The list comprises companies with a target upside potential of up to 49 percent from this space. The stocks collated with data from the latest Stock Reports Plus report dated Oct 8th , 2023.

For the purpose of this report, the stock must have an overall rating of either a “Strong” and “ Buy”. The list has then been sorted with the highest potential stock coming on the top of the list.

Capital goods sector stocks - Upside potential
Oct 8, 2023
MISSING: summary MISSING: current-rows.

Company Name	Avg Score	Reco	Analyst Count	 Upside Potential %	Inst Stake %	Market Cap Type	Market Cap Rs Cr

Timken India	7	Buy	5	35.92	20.8	Large	23,074

GMM Pfaudler	4	Strong Buy	3	34.36	28.9	Mid	8,172
Va Tech Wabag	5	Strong Buy	2	32.84	15.1	Small	2,862

Anup Engineering	9	Buy	1	29.32	9.8	Small	1,985

Isgec Heavy Engineering	7	Strong Buy	1	24.49	10.0	Mid	5,206

 Calculated from highest price target given by analysts


Timken India Limited is engaged in the manufacture and distribution of tapered roller bearings, components and accessories for the automotive sector and the railway industry.

GMM Pfaudler Limited is a supplier of engineered equipment and systems for critical applications in the chemical and pharmaceutical industries.

VA Tech Wabag Limited is a company, which is engaged in the water treatment field.

Anup Engineering Limited is a company that is engaged in manufacturing and fabrication of process equipment. 
Isgec Heavy Engineering Limited is a heavy engineering company.


source:et 

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 

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 

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 

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