Oct 18 2023, 11:25

Largecaps ‘strong buy’ & ‘buy’ recos and upside over 20%:

 Nifty is once making an attempt to move into a range bound mode. During this period, one should keep an eye on market breadth as it would give a more reliable indication of what is in store both in short and long term for Indian equities. During this period analysts are bullish on certain large cap stocks. 

Stocks from different sectors are making to the list, this week, stocks from Oil refining and marketing, private banks, insurance, auto ancillary and fertilizer space.

When markets are trading with strong bullish bias, some of the stocks which are long term wealth creators tend to move off from the list of algorithm based stock buying lists. The reason, the potential upside in them is less than the algo defined levels. As soon as the market corrects, some of them are back on the list.

The number of the stocks in the list came down. Five weeks back they came as low as 3 this is exactly opposite of five months back, when the list was at 25.

The list are three private sector banks, HDFC bank, ICICI bank and Kotak Mahindra bank and other financial stocks. Moving off the list is samvardhana motherson international ltd which had not been performing well, but with a week of appearing on this list it has again gone. 

Large Cap Upside Potential
 
MISSING: summary MISSING: current-rows.
	Company Name	Reco	Analyst Count	Upside Potential %	MarketCap Rs Cr
	
HDFC Bank	Strong Buy	39	29.4	1,159,639
UPL	Buy	25	27.6	47,341
LIC Of India	Buy	16	26.3	402,776
ICICI Bank	Buy	41	24.0	666,173
Kotak Mahindra Bank	Buy	38	22.9	347,851
SBI	Buy	43	22.1	513,790
BPCL	Buy	30	21.5	75,284
ICICI Prudential Life	Buy	31	20.7	76,457
SBI Life	Strong Buy	30	20.3	132,324
PI Industries	Buy	24	20.0	53,066



source:et 

Oct 18 2023, 09:45

Stock Radar: Up 20% in 3 months! Whirlpool upside,strong buy:


Whirlpool India, a player in the household appliance manufacturing segment, rallied about 20% over the last three months, hitting a fresh 52-week high in October.

The stock rose from Rs 1,437 on 14 July to Rs 1,714 recorded on 13 October, which translates into an upside of about 20% in the last 3 months.

The momentum helped the stock hit a fresh 52-week high of Rs 1733 on 12 October. It rose over 4% in a month.


"With the festive and wedding season approaching, Whirlpool witnessed strong buying interest from investors as visible on the volume chart. Volumes recorded are more than average, indicating buying interest from stronger hands," said Jay Patel, Research Head at Invest Mentor Securities Limited.


source:et 

Oct 18 2023, 08:50

3 insights to kick-start the day;a tax bomb for Airtel- Vi:


This just happened. SC orders telcos to consider licence fees as capex. Hidden in plain sight. The Supreme Court said that the licence fees paid by telcos will be treated as capex, overruling the earlier Delhi HC order that categorised licence fees before July 31, 1999 as capex and as expense after that date.

This will put an additional tax burden on telcos. The SC order is based on the principle that any payment that is capital in nature cannot be treated as expense if the mode of payment is in instalments. 

Pre-1999, telcos paid licence fees as a one-time fee, but after NTP 1999, under the revenue-share model, licence fee is paid as a percentage of annual gross revenue (AGR) (currently 8%). According to Deloitte, the additional tax liabilities for FY24 could be around INR8,000 crore jointly for top telcos.

India's space startups are growing up in 2023. Companies like Pixxel (USD71 million) and Skyroot Aerospace (USD67 million) too have raised a considerable amount this year for growth capital.

India and the UK on Monday discussed possibilities for further collaboration particularly in areas of trade and investment, defence, critical and emerging technologies, civil aviation, health, and energy at the maiden 2+2 foreign and defence affairs dialogue.




source:et 

Oct 17 2023, 12:23

आपके दिन की शुरुआत करने के लिए 5 जानकारियां:

सोनी डिज़्नी की राह पर अग्रसर; सेल थेरेपी-आधारित कैंसर उपचार के लिए मंजूरी; बायजूज़ आकाश में वापसी; गहन जांच के तहत सट्टेबाजी प्लेटफॉर्म; और भारत ओलंपिक 2036 की मेजबानी करना चाहता है।

सितंबर 2021 में घोषित ज़ी एंटरटेनमेंट एंटरप्राइज लिमिटेड के साथ सोनी के विलय में संभावित देरी का सामना करना पड़ रहा है, जिससे एक आकस्मिक योजना के रूप में डिज्नी के साथ चर्चा हुई।

एलारा कैपिटल के करण तौरानी ने दिसंबर 2023 से आगे बढ़ने वाले विलय की कम संभावना की भविष्यवाणी की है।

सोनी-डिज़नी विलय को भी बाधाओं का सामना करना पड़ता है क्योंकि इससे महत्वपूर्ण लक्ष्य-दर्शक ओवरलैप हो जाएगा। विनियामक देरी भी हो सकती है, क्योंकि सीसीआई और एनसीएलटी से अनुमोदन प्राप्त करने में लगभग एक वर्ष लग जाता है।

सोनी-डिज़नी विलय को भी बाधाओं का सामना करना पड़ता है क्योंकि इससे महत्वपूर्ण लक्ष्य-दर्शक ओवरलैप हो जाएगा। विनियामक देरी भी हो सकती है, क्योंकि सीसीआई और एनसीएलटी से अनुमोदन प्राप्त करने में लगभग एक वर्ष लग जाता है।
सोनी के अलावा, आरआईएल, अदानी ग्रुप, सन टीवी नेटवर्क और ब्लैकस्टोन जैसे खिलाड़ियों ने डिज्नी के भारतीय कारोबार का पूर्ण या आंशिक अधिग्रहण करने में रुचि दिखाई है।



source:et 

Oct 17 2023, 12:19

स्टॉक रडार: मैक्स फाइनेंशियल सर्विसेज ने 52-सप्ताह के उच्चतम स्तर को पुनः प्राप्त किया:

निकट अवधि में स्टॉक में कुछ मजबूती देखी गई है, जो काफी हद तक व्यापक बाजारों में देखी गई कमजोरी के अनुरूप थी। हालाँकि, गिरावट भारी मात्रा के साथ नहीं थी, जिससे पता चलता है कि वापस उछाल कर सकते हैं।

मैक्स वित्तीय सेवाएँ(एमएफएसएल), जीवन बीमा उद्योग का एक हिस्सा, सितंबर में 52-सप्ताह के नए उच्चतम स्तर पर पहुंच गया, लेकिन गति बनाए रखने में विफल रहा।

स्टॉक को 50-डीएमए से ऊपर समर्थन मिला और इसने वापसी की।

मूल्य कार्रवाई के संदर्भ में, स्टॉक दैनिक चार्ट पर 5,10,20,50,100 और 200-डीएमए से ऊपर कारोबार कर रहा है।

“व्यापारी रुपये के दायरे में स्टॉक खरीदने पर विचार कर सकते हैं। लगभग रु. के संभावित लक्ष्य के लिए 920-910 रु. 960 और रु. अगले कुछ हफ्तों में 1000. लंबी स्थिति के लिए स्टॉपलॉस रुपये से नीचे रखा जाना चाहिए। 870,” रुचित जैन, लीड रिसर्च, 5पैसा.कॉम।


source:et 

Oct 17 2023, 12:10

स्कोर में सुधार और 42% तक की बढ़त वाले 3 स्टॉक:

 पिछले चार हफ्तों में दलाल स्ट्रीट पर कभी-कभार भालू देखे गए हैं। हालांकि अलग-अलग समय पर कारण अलग-अलग रहे हैं, लेकिन भालू के नींद से उठने का पहला संकेत निश्चित रूप से दीवार पर है। यह सावधानी उन शेयरों की कुल संख्या में भी दिखाई दे रही है जिनके स्कोर में सुधार देखा गया है। इससे भी महत्वपूर्ण बात यह है कि किसी भी स्टॉक को खरीदते और बेचते समय एक कदम पीछे हटने, सोचने और फिर निर्णय लेने का समय आ गया है।

ये चयनित स्टॉक अपने समग्र औसत स्कोर में एक मजबूत उर्ध्वगामी प्रक्षेपवक्र दर्शाते हैं। इसका तात्पर्य यह है कि दी गई समय सीमा में उनके बाजार दृष्टिकोण में महत्वपूर्ण सुधार हुआ है।
हालांकि ऐसे संकेत हैं कि बाजार जोखिम-मुक्त मोड में चला गया है, ऐसी संभावना है कि अमेरिकी उपज में कोई और बढ़ोतरी इसे जोखिम-मुक्त मोड में धकेल देगी, खासकर उभरते बाजारों के लिए।
इस समय उम्मीदें बहुत अधिक नहीं हैं क्योंकि पूंजी की लागत अधिक है और कई मामलों में चीनी डंपिंग के कारण कीमतों पर दबाव पड़ा है।
कृषि जिंसों की कीमतें बढ़ रही हैं, चाहे वह चीनी हो या चावल की कीमतें, दोनों ऊंचे स्तर पर बनी हुई हैं। जबकि यह चीनी कंपनियों के लिए सकारात्मक है, इसीलिए वे ऊपर की ओर बढ़ रही हैं।
सूची सभी बीएसई और एनएसई शेयरों के लिए अलग-अलग एल्गोरिदम लागू करती है।
सप्ताह के शीर्ष चयन
16 अक्टूबर, 2023
गुम: सारांश गुम: वर्तमान-पंक्तियाँ।

कंपनी का नाम नवीनतम स्टॉक स्कोर स्टॉक स्कोर 1W पहले स्टॉक स्कोर 1M पहले रेको विश्लेषक गणना  ऊपर की ओर संभावित (%) इंस्टेंट हिस्सेदारी (%) मार्केट कैप प्रकार मार्केट कैप रु करोड़

जेएसपीएल 10 9 7 खरीदें 23 42.2 20.4 बड़ा 69,514

पीबी फिनटेक 7 6 3 खरीदें 15 35.4 30.2 बड़ा 33,237

एनसीसी लिमिटेड 10 9 7 खरीदें 14 20.3 24.0 मध्य 10,181
विश्लेषकों द्वारा दिए गए उच्चतम मूल्य लक्ष्य से गणना की गई

जिंदल स्टील एंड पावर लिमिटेड (जेएसपीएल) एक इस्पात उत्पादक है। कंपनी के सेगमेंट में आयरन एंड स्टील, पावर और अन्य शामिल हैं।

पीबी फिनटेक लिमिटेड एक ऐसी कंपनी है जो प्रौद्योगिकी, डेटा और नवाचार की शक्ति का लाभ उठाकर बीमा और ऋण उत्पादों के लिए एक ऑनलाइन मंच प्रदान करती है।

एनसीसी लिमिटेड एक कंपनी है, जो बुनियादी ढांचा क्षेत्र में निर्माण/परियोजना गतिविधियों में लगी हुई है। कंपनी मुख्य रूप से औद्योगिक और वाणिज्यिक भवनों, आवास परियोजनाओं, सड़कों, पुलों और फ्लाईओवरों, जल आपूर्ति और पर्यावरण परियोजनाओं, खनन, बिजली पारेषण लाइनों के निर्माण में शामिल है।

source:et 

Oct 17 2023, 11:48

3 stocks with improved score and upside up to 42%:

 
Dalal street has seen occasional sightings of bears in the last four weeks. While the reasons have been different at various points of time, the first indication that bears might be getting up from their sleep are surely on the wall.

 The caution is also getting reflected in the overall count of stocks which have seen an improvement in their score. Also more importantly, it is time to take a step back, think and then make a decision both when buying and selling any stock. 

These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame.

While there are indications that the market has moved into risk off mode, there is a possibility that any further spike in US yield will push it further into risk off mode, especially for emerging markets.
At this point of time expectations are not very high as the cost of capital has been high and in a number of cases there has been pressure on prices due to Chinese dumping.

The agri commodity prices are rising, whether it is sugar or rice prices, both have stayed at elevated levels. While that is positive for sugar companies that is why they are moving upward.

The list applies different algorithms for all BSE and NSE stocks. 
Top Picks of the week
Oct 16, 2023
MISSING: summary MISSING: current-rows.
	
Company Name	Latest Stock Score	Stock Score 1W ago	Stock Score 1M ago	Reco	Analyst Count	 Upside Potential (%)	Inst Stake (%)	Market Cap Type	Market Cap Rs Cr
	
JSPL	10	9	7	Buy	23	42.2	20.4	Large	69,514
	
PB Fintech	7	6	3	Buy	15	35.4	30.2	Large	33,237
	
NCC Ltd	10	9	7	Buy	14	20.3	24.0	Mid	10,181
 Calculated from highest price target given by analysts

Jindal Steel and Power Limited (JSPL) is a steel producer. The Company's segments include Iron & Steel, Power and Other.

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. 
NCC Limited is a company, which is engaged in construction/project activities in the infrastructure sector. The Company is primarily involved in the construction of industrial and commercial buildings, housing projects, roads, bridges and flyovers, water supply and environment projects, mining, power transmission lines.


source:et 

Oct 17 2023, 10:31

5 insights to kick-start the day:

Sony heads Disney’s way; nod for cell therapy-based cancer treatment; comeback at Byju’s Aakash; betting platforms under intense scrutiny; and India wants to host Olympics 2036.

Sony's merger with Zee Entertainment Enterprise Limited, announced in September 2021, faces potential delays, prompting discussions with Disney as a contingency plan. However, Elara Capital’s Karan Taurani predicts a low likelihood of the merger extending beyond December 2023. 

The Sony-Disney merger also faces hurdles as it will lead to significant target-audience overlap. There could also be regulatory delays, as obtaining approvals from CCI and NCLT takes nearly a year.

The Sony-Disney merger also faces hurdles as it will lead to significant target-audience overlap. There could also be regulatory delays, as obtaining approvals from CCI and NCLT takes nearly a year.

Besides Sony, players such as RIL, Adani Group, Sun TV Network, and Blackstone have shown interest to acquire either full or part of Disney’s India business.


source:et 

Oct 17 2023, 09:32

Stock Radar: Max Financial Services could retest 52-week highs; time to buy:

The stock has witnessed some consolidation in the near term, which was largely in line with the weakness seen in the broader markets. However, the fall was not accompanied by heavy volumes, which suggests that bulls could bounce back

Max Financial Services (MFSL), a part of the life insurance industry, hit a fresh 52-week high in September but failed to hold on to the momentum. The stock found support above the 50-DMA and bounced back. 

In terms of price action, the stock is trading above 5,10,20,50,100, and 200-DMA on the daily charts.

“Traders can look to buy the stock in the range of Rs. 920-910 for a potential target of around Rs. 960 and Rs. 1000 in the next few weeks. The stoploss for long positions should be placed below Rs. 870,” Ruchit Jain, Lead Research, 5paisa.com.



source:et 

Oct 17 2023, 09:24

TCS, HCL, Infosys see muted growth:

 IT stocks may look expensive as they command higher valuations than their global peers. But they have consistently delivered growth over the last 20 years and continue to be resilient despite higher interest rates and tighter spending globally.

Tata Consultancy Services (TCS), reported a 2.3% growth in second-quarter profit on a sequential basis while revenue rose 0.5%. 

 Infosys registered a 4.5% growth in quarterly net profits but slashed the higher end of its growth estimate for the current fiscal to 2.5% from 3.5%, triggering a sell-off in shares of the company. 
 
ICICI Securitiesdowngraded TCS to ‘hold’ on October 12, citing a lack of signs of recovery in demand despite a strong order book. “Due to a cut in our revenue growth assumptions, we cut our FY24-26E EPS estimates by 3%-5% and lower our 12-month target price to INR3,708 (vs. prior INR3,869), implying a 3% potential upside. 

Almost 65% of the revenues for the top Indian IT companies come from America and the European Union (EU). According to Gartner, global IT spending is projected at USD4.7 trillion in 2023 — an increase of 4.3% over the previous year. 

“We continue to see the overall environment (of) digital transformation programmes and discretionary spend (being) low and decision making is slow,” Infosys CEO Salil Parekh said at the company’s earnings brief last Thursday. 

All IT stocks are part of the Nifty 50 Value 20 Index — a basket of stocks that are trading at low price-to-book value but record strong growth.



source:et