Oct 18 2023, 12:29

3 top bets for this Navratri to next:

Director at IIFL Securities,Sanjiv Bhasin recommends Tata Steel as his top stock pick for Navratri. He believes that geopolitical risks and the decline of China will lead to a settling down, benefiting commodities and metals. Bhasin predicts an 8% increase in steel prices and sees Tata Steel as a low-cost producer with a good risk-reward opportunity at Rs 120. He expects the stock to reach Rs 160-165 next year due to strong local flows in commercial real estate and construction. Bhasin also recommends Hindal ..


His first pick today will be Tata Steel. The geopolitical risk and the undoing of China is going to see some settling down. And that will mean commodities, particularly metals, are in a very strong shape.He says it has seen across the board rise in steel prices. He believes in the next few days, you will see another 8% rise in steel prices.

Tata Steel is the lowest cost producer of steel, not in India, in the world. At Rs 120, it has a very good opportunity for risk reward. He would say Tata Steel can be an outperformer. So that is his top Navratri pick.

Hindalco is the lowest cost aluminium producer in Asia. And it has a very good share of this copper TCRC margin. Their Novelis overpick, which they did in Canada, is seeing excellent business on the aluminium side. Hindalco is a very good play on the aspiration of growing construction/activity on EVs and other activities in which aluminium and copper are very, very key ingredients.

Hindalco is a sum of parts, the best play on ferrous, non-ferrous. And this stock can see a target of Rs 700 by next Navratri. So Hindalco is something I would be looking at. He is very comfortable on the valuations and the numbers going forward, along with Novelis being the dark horse which can outperform in Canada and North America

Third pick is Devyani International. Consumer spending, the Asian Games and now the World Cup and the festive season means that millennial spending is usually on the positive side. Devyani International is the co-brand of Kentucky Fried, Pizza Hut, and Costa Coffee. By the way, Costa Coffee is gaining more market share from Starbucks.



source:et 

Oct 18 2023, 11:33

6 Defence stocks with 'buy';upside potential of up to 42%:


Due to the policy initiatives by the government has been the defence sector. It is not only PSU companies, even the private sector companies which are making defence related products have been getting good valuations on the street. 

Things have changed in both, the actual working and perception of defence sector companies.Their order books are brimming, stocks have outperformed the broader market indices for more than two years and institutional interest has been growing in these companies.

Even before the geopolitical tensions increased, the government had made it clear that domestic defence manufacturing would be given preference and has been releasing orders at regular intervals.
one sector where PSUs have a distinct advantage is defence, both in terms of getting orders and working capital requirements which is very high in some of them.

 But in case of private sector companies which have got listed, it would be better to have exposure to companies which have both government and private sector as their clients as that would reduce the risk of any slowdown in government, even though very unlikely.

The data used in screening the following 6 stocks has been gathered from the latest Refinitiv’s Stock Reports  report dated Oct 17th, 2023.

Oct 17, 2023
MISSING: summary MISSING: current-rows.

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

Bharat Dynamics	3	Buy	6	42.7	16.4	Mid	18,349
Data Patterns (India)	6	Buy	4	36.4	12.1	Mid	11,170
Hindustan Aeronautics	8	Buy	10	31.9	15.8	Large	131,297
Mazagon Dock Shipbuilders	8	Hold	3	28.1	0.9	Large	43,648
Bharat Electronics	5	Buy	22	19.4	32.6	Large	100,400
Astra Microwave Products	4	Strong Buy	3	12.5	12.0	Mid	4,297

 Calculated from highest price target given by analysts




source:et 

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