Nov 09 2023, 10:30

Time to go for stable & stronger gain: 5 stocks with upside  up to 28%:


 Valuations are still high from every perspective. The fact is that stretched valuations have never been and never will be the new normal. First signs that markets are getting close to starting the process are clearly visible on the wall. Adjustment of valuations is a process, which does not end in one day, though it starts in one day. 

Refinitiv's Stock Report lists down mid and small cap stocks from the FMCG sector with high upside potential over the next 12 months, having an average recommendation rating of "buy" or "strong buy",


Sometimes the rationale which goes against owning a set of stocks when a bull run is just starting, the same rationale is applicable for buying the same stocks when there is a high risk of correction in stock markets. Large cap FMCG stocks because of both fundamental and technical reasons like overall shareholder pattern fall in that category of stocks.

From trending markets, the index has moved into volatile mode with bearish bias. 

The reason why FMCG fits the bill for such a sector is that one, the basic nature the business is stable.   

That is the reason why one would not find strong directional movement in stocks. But then do not fall and lose 40 percent in bearish phase not to recover from it ever.


FMCG Stocks - Upside Potential

Nov 8, 2023

Market Cap Rs Cr

 Upside Potential %

Company Name

Avg Score

Analyst Count

Inst Stake %

Reco

Dabur India

4

Buy

44

28.71

20.5

95,017

Marico

5

Buy

42

25.85

28.4

67,836

Britannia

5

Buy

38

25.45

21.1

112,223

Godrej Consumer

2

Buy

36

22.39

21.4

104,481

Nestle India

7

Buy

36 36

19.82

13.5

234,891

Tata Consumer

6

Buy

26

17.13

29.5

85,646

Calculated from highest price target given by analysts


source: et 

Nov 09 2023, 09:42

Stock Radar:
Breakout from falling trendline resistance, insights Apollo Hospitals:


Apollo Hospitals Enterprises has given a breakout from a falling trendline resistance on the daily charts. It is also on the verge of a breakout from a double-bottom pattern.

Short-term traders can look to buy the stock for a target of Rs 5450-5550 in 2-3 weeks, suggested experts,

The stock witnessed a sharp rally of over 6% in the last 5 trading sessions. 

The stock hit a 52-week high of Rs 5362 on 28 July 2023 but failed to hold on to the momentum. It then retested the support above Rs 4700 once in August 2023 and then again in October 2023 - which resulted in a double-bottom formation.

The neckline of the double bottom pattern is placed around Rs 5150 on the upside. A close above the same could open room for the stock to head towards Rs 5400 levels.

 It also reclaimed its 50- DMA on the daily charts, which is a positive sign for the bulls.


source: et 

Nov 09 2023, 09:27

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

 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. 

Pre-1999, telcos paid licence fees as a one-time fee, but after NTP 1999, under the revenue-share model.

Companies like Pixxel (USD71 million) and Skyroot Aerospace (USD67 million) too have raised a considerable amount this year for growth capital. Agnikul is a launch services company that aims to cater to the small-satellite market, the fastest growing segment globally. Their big challenge is to bring down the cost of access to space even further. 

According to a 2018 study, the cost of launching 1kg to space had tanked from an average of USD18,500 at the turn of the millennium to USD2,720 in 2018. Much of that has got to do with innovation from the likes of SpaceX. This 2018 cost is likely to have gone down further by now. Agnikul's challenge will be to innovate and build a business model to make money at even lower levels.

One last thing. Smaller funds continue to spearhead the funding of Indian space startups. Celesta Capital, Rocketship.vc, Artha Venture Fund, Artha Select Fund Pi Ventures, Speciale Invest, Mayfield India have all backed Agnikul. The big name VCs have generally stayed away, as we observed last month.

In the news. India and the UK hold the maiden 2+2 foreign and defence dialogue.

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. India has held such dialogues with key strategic partner countries like the United States, Russia, Japan, and Australia.

Rahul Roy Chaudhury, senior fellow, International Institute for Strategic Studies says, "It serves as a useful mechanism to boost both defence and Indo-Pacific ties in tandem at a time when they are more relevant than ever before."


source:et 

Nov 09 2023, 07:58

4 insights to kick-start the day,  India wooing Elon Musk:

 2024 looks likely to be the year Elon Musk enters India in earnest with Starlink. Reports have also suggested that India is actively wooing Musk's Tesla Motors with an announcement expected in January. 

 Next year and promises of investment by the richest man in the world will be seen as adding shine to the government's narrative in the build-up. Starlink is entering the Indian satellite broadband market, which already has sister companies of two of India's biggest telcos - Airtel's Sunil Mittal's OneWeb and Jio's Mukesh Ambani's JioSpace Fiber-taking a stab at it.

Electric scooters in India and as positioned it at the premium end of the market. Priced between JR145 lakh-INR16 lakh, Vida V1 is just not competitive. Western European ice points for similar scooters range between INR2.7 lakh and INR4.5 lakh. rovided Vida V1 can be priced towards the lower end of this band, it can be a ore enticing proposition there than in India. However the problem persists.

Interestingly, China, which has interests in strategic orts in Sri Lanka, has been criticised for its "debt-trap" policies hampering e island nation. This would be a way for the West to counter Chinese fluence in the region. The Port of Colombo is the largest and busiest trans- ipment port in the Indian Ocean. It has been operating at more than 90% ilisation since 2021. The new terminal will cater to growing economies in the ay of Bengal, taking advantage of Sri Lanka's prime position on major shipping utes. 


The Ministry of Electronics and Information Technology
(Meity) has emphasised that social media platforms are mandated under the IT Act's intermediary rules to remove misleading content within 36 hours of
receiving a report from either a user or government authority. Failure to comply could lead to legal action under IPC and the loss of safe harbour protection
under Section 79(1) of the IT Act, 2000.


source: et 

Nov 09 2023, 07:48

The 8 bank stocks can give over 20% returns:

 Refinitiv reports say, 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. 


The list containing mean price targets for banking stocks collated with data from the latest Stock Reports dated November 7, 2023. The list also contains a count of analysts evaluating each banking stock for the next 12 months, wherein the count of analysts is up to 40 and upside potential is up to 31%. The list has been sorted based on potential upside estimated by these analysts.

 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.  

Banking stocks Upside Potential as of Nov 7, 2023

Bank Name
Mean Target Price
HDFC Bank Ltd
1,940.00

DCB Bank Ltd
142.00

ICICI Bank Ltd
1,190.00

Bandhan Bank Ltd
267.00

State Bank of India
710.00

Equitas Small Finance Bank Ltd
116.00

Close Price
Target vs. Current(%)
1,487.25

30.40

41

113.05

25.60

20

948.10

25.50

41

216.10

25

23.60

43

579.75

22.50

Analyst Count

17

source:et 

Nov 08 2023, 14:57

विभिन्न क्षेत्रों के 5 मिडकैप स्टॉक जिनमें 39% तक की तेजी की संभावना है: 

मिड-कैप शेयर ऊपर की ओर बढ़ने का प्रयास कर रहे हैं और कुल मिलाकर मंगलवार के कारोबारी सत्र में भी वे अपना सिर ऊपर रखने में सफल रहे हैं। लघु वित्त बैंक, तेल रिफाइनरी और आवास वित्त कंपनियों जैसे क्षेत्रों के स्टॉक सूची में हैं। 

 रिफाइनिटिव की स्टॉक रिपोर्ट द्वारा संचालित है। मूल्य आंदोलन के संदर्भ में, यदि स्टॉक इस अवधि में एक महीने का सकारात्मक रिटर्न देने में सक्षम है, तो इसे निगरानी सूची में लाना उचित है। 

कुछ मिड-कैप ने बाजार से बेहतर प्रदर्शन किया है, जबकि कुछ मिड-कैप सूचकांकों के अनुरूप काफी आगे बढ़ गए हैं, जो एक मामूली सुधारात्मक कदम है और फिर एक बार फिर ऊपर की ओर बढ़ रहा है। महीने दर महीने स्कोर में सुधार के साथ मिड कैप स्टॉक अपसाइड पोटेंशियल - 7 नवंबर, 2023 9 कॉलम और 5 पंक्तियों वाली तालिका। कॉलम "  
अपसाइड पोटेंशियल %" के अनुसार अवरोही क्रम में क्रमबद्ध कंपनी का नाम नवीनतम औसत स्कोर औसत स्कोर 1 मिलियन पहले रेको विश्लेषक गणना  अपसाइड पोटेंशियल % 1 मिलियन रिटर्न % इंस्टेंट हिस्सेदारी % मार्केट कैप रु करोड़ सिटी यूनियन बैंक 9 8 खरीदें 22 39.6 7.8 52.9 10,284 चेन्नई पेट्रोलियम 9 8 खरीदें 2 33.7 20.0 6.1 8,629 इक्विटास स्मॉल फाइनेंस बैंक 7 6 खरीदें 17 31.7 5.1 44.6 11,084 होम फर्स्ट फाइनेंस कंपनी 5 4 खरीदें 17 30.5 7.2 19.5 7,977 कैन फिन होम्स 8 4 खरीदें 18 28.8 0.4 33.8 10,333 
*विश्लेषकों द्वारा दिए गए उच्चतम मूल्य लक्ष्य से गणना की गई source: et
 

Nov 08 2023, 14:48

स्टॉक राडार: टाटा कंज्यूमर में तेजी से ब्रेकआउट; 10 रुपये के स्तर के शीर्ष पर जाने की संभावना:

एक सप्ताह में स्टॉक 2% से अधिक और पिछले 3 महीनों में लगभग 10% बढ़ गया।

चाय और कॉफी उद्योग का एक हिस्सा, टाटा कंज्यूमर प्रोडक्ट्स ने मासिक चार्ट पर तेजी के पेनांट गठन से ब्रेकआउट के बाद पिछले कुछ महीनों में गति पकड़ी है।

विशेषज्ञों का सुझाव है कि अल्पकालिक व्यापारी अब 4-6 महीनों में 1,000 रुपये से ऊपर के लक्ष्य के लिए स्टॉक खरीदने पर विचार कर सकते हैं।

17 अक्टूबर को स्टॉक 928 रुपये की रिकॉर्ड ऊंचाई पर पहुंच गया, लेकिन गति बरकरार रखने में विफल रहा।

पेनान्ट एक सममित त्रिभुज के समान है। इन्हें अपट्रेंड या डाउनट्रेंड दोनों में बनाया जा सकता है। पेनांट पैटर्न एक अल्पकालिक समेकन है जो अंतर्निहित कीमतों में तेजी से वृद्धि के बाद बनता है।

ट्रेंडलाइन के आंकड़ों से पता चलता है कि टाटा कंज्यूमर स्टॉक एक हफ्ते में 2% से अधिक और पिछले 3 महीनों में लगभग 10% बढ़ा है।





source: et 

Nov 08 2023, 14:45

दिन की शुरुआत करने के लिए 3 जानकारियां; सॉफ्ट बैंक का सबसे बड़ा घाटा:


WeWork, जो सह-कार्यशील स्थान का पर्याय है, अपनी किस्मत को पुनर्जीवित करने के वर्षों के कठिन प्रयासों के बाद अपनी मरणासन्न सांसें ले रहा है। साझा अर्थव्यवस्था और स्टार्टअप संस्कृति का वैश्विक पोस्टर बॉय प्रीमियम रियल एस्टेट के दीर्घकालिक पट्टों के कारण होने वाले खर्चों से दबा हुआ है। सॉफ्ट बैंक के प्रमुख मासायोशी सन ने व्यक्तिगत रूप से WeWork को आगे बढ़ाया था। WeWork का खुलासा, जिसकी कीमत कभी USD47 बिलियन थी, के परिणामस्वरूप सॉफ्ट बैंक के इतिहास में सबसे बड़ी गिरावट हुई है। 

WeWork की विफलता एक अनुस्मारक है कि बड़े और जटिल समस्याओं को हल करने की कोशिश कर रहे मनमौजी संस्थापकों पर बड़े पैमाने पर दांव लगाने का सन का दृष्टिकोण कभी-कभी अप्रिय आश्चर्य पैदा कर सकता है। लेकिन बेटा किस्मत के बेतहाशा उतार-चढ़ाव से परिचित है। बताया जाता है कि दो दशक से भी अधिक समय पहले डॉटकॉम दुर्घटना में उन्हें USD59 बिलियन का नुकसान हुआ था।


सोमवार को शीर्ष अधिकारियों की एक अंतर-मंत्रालयी बैठक में, प्रधान मंत्री कार्यालय ने जनवरी 2024 तक टेस्ला के निवेश प्रस्ताव से संबंधित सभी मतभेदों को तेजी से मंजूरी देने और दूर करने की मांग की। टेस्ला को भारत में दुकान स्थापित करना प्रधान मंत्री के लिए उच्च प्राथमिकता रही है। नरेंद्र मोदी का एजेंडा. टेस्ला द्वारा अरबों डॉलर का निवेश एक महत्वपूर्ण बढ़ावा होगा।


एक सरकारी आयुर्वेद कंपनी को निजी खिलाड़ियों से बायआउट बोलियां प्राप्त हुई हैं। इंडियन मेडिसिन्स फार्मास्युटिकल कॉर्पोरेशन (आईएमपीसीएल) को मैनकाइंड फार्मा और बैद्यनाथ आयुर्वेद सहित दवा निर्माताओं से बायआउट बोलियां प्राप्त हुई हैं। आईएमपीसीएल 1978 में भारतीय औषधि प्रणाली को बढ़ावा देने के सरकार के प्रयास के तहत अस्तित्व में आया। पिछले वित्तीय वर्ष में कंपनी की बिक्री 223 करोड़ रुपये और कर-पश्चात मुनाफा 29.49 करोड़ रुपये रहा था। ऐसा प्रतीत होता है कि आईएमपीसीएल की विनिर्माण साइट का क्षमता उपयोग कुछ साल पहले घटकर 33% रह गया था, लेकिन अब 73% है।
पांच दशकों के बाद, आईएमपीसीएल का अस्तित्व सीमांत पर है।



एक अंतिम बात। पिछले कुछ वर्षों में, सॉफ्ट बैंक ने पहले ही WeWork निवेश से घाटा दर्ज कर लिया है। अलग से, दिवालियापन की फाइलिंग का वेवर्क की भारतीय इकाई पर कोई प्रभाव नहीं पड़ेगा, जिसका बहुमत दूतावास समूह के पास है।




source: et 

Nov 08 2023, 11:59

5 midcap stocks from different sectors with potential upside of up to 39%:

 Mid-cap stocks have been making an attempt to move upward and overall basis even in Tuesday trading session they have been able to hold their head above water. Stocks from sectors like small finance banks, oil refinery and housing finance companies are on the list. 

Refinitiv’s Stock Report In terms of price movement, if the stock has been able to have a positive one month return in this period it is worth bringing it to the watch list. Some of mid-caps have strongly out-performed the market while some are pretty much moved in line with mid-cap indices, which is a minor corrective move and then once again moving upward.
 
Mid Cap Stocks with Score Improvement Month on Month Upside Potential - Nov 7, 2023 Table with 9 columns and 5 rows. 
Sorted descending by column " Upside Potential %" Company Name	Latest Avg Score	Avg Score 1M ago	Reco	Analyst Count	 Upside Potential %	1M Returns %	Inst Stake %	Market Cap Rs Cr 
City Union Bank	9	8	Buy	22	39.6	7.8	52.9	10,284 Chennai Petroleum	9	8	Buy	2	33.7	20.0	6.1	8,629 Equitas Small Finance Bank	7	6	Buy	17	31.7	5.1	44.6	11,084 Home First Finance Co	5	4	Buy	17	30.5	7.2	19.5	7,977 Can Fin Homes	8	4	Buy	18	28.8	0.4	33.8	10,333 * Calculated from highest price target given by analysts source: et
 

Nov 08 2023, 11:39

The largecaps strong buy and strong recos upside up to 20%:



These largecaps have ‘strong buy’ & ‘buy’ recos and upside scope of over 20%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 the stock prices kept moving upward, the number of the stocks in the list came down.

 Twelve weeks back they came as low as 3 this is exactly opposite of five months back, when the list was at 25.Stocks like Reliance and others which were there last week have moved out. In the case of some, the last three sessions of gains are the reason for them moving out, in case other analysts have readjusted their forecast after the Q2 earnings were out.

Large Cap Upside Potential
Search in table
Table with 5 columns and 11 rows.
Company Name	Reco	Analyst Count	Upside Potential %	MarketCap Rs Cr

LIC Of India	Buy	16	31.7	386,647
One 97 Comm	Buy	15	31.7	55,869
HDFC Bank	Buy	41	29.8	1,133,925
Biocon	Buy	20	29.0	27,001

ICICI Bank	Strong Buy	41	25.9	662,364

UPL	Buy	25	25.7	41,636
SBI	Buy	44	22.9	512,630

Bandhan Bank	Buy	25	22.6	35,102

Samvardhana Motherson International	Buy	19	21.8	62,282

SBI Life	Strong Buy	30	20.9	133,480

PI Industries	Buy	24	20.6	52,812


source: et