Technical Analysis of 1 Stock (with 15 days horizon)

Review on 2 stocks recommended in past.

Fundamental Analysis of 2 Stocks (with 180 days horizon)

Time To Go With The Flow And Catch The Booming Stocks 

Every mutual fund investor is now aware of the SIP. Systematic investment plan (SIP) has now become the most favourite investment mode for investors.

EBITDA for the quarter rose by 30.4 per cent yoy to Rs. 809.6 crore as against Rs. 621 crore in the corresponding quarter last year with a margin expansion of 425 bps.

BLS International Services Limited. has said that its wholly-owned subsidiary BLS E-Services Private Limited has acquired Delhi-based Starfin India Private Limited, a Banking Business Correspondent of India’s largest bank, State Bank of India. 

The company’s standalone revenue for the quarter came in at Rs. 319 crore, registering 7.5 per cent yoy decline. The PAT for the quarter came in at Rs. 34 crore, yoy increase of 11 per cent.

Blue Star Limited reported mixed set of numbers with flat top-line. However, the bottom-line for the quarter grew strongly.   

The PAT for the quarter came in at Rs. 4.66 crore as against just Rs. 1.50 crore in the corresponding quarter last year, yoy increase of 210.7 per cent.

The PAT for the quarter came in at Rs. 5.29 crore as against Rs. 1.72 crore in the corresponding quarter last year, yoy increase of 207.6 per cent.

Further, to enhance focus on the light material space, it is planning to set up Aluminium forging facility in USA by investing US$55 million. This would cater North American market and production of the same is likely to commence in CY20.

On Thursday, the Indian broad market index BSE Sensex hit fresh all-time high and crossed the mark of 38,000 for the first time. This rally was led by banking majors such as ICICI Bank, SBI and Axis Bank. We at DSIJ had predicted this level way back in April.

With the reduction in interest rate during last couple of years due to refinance of debt in 9 SPVs out of 11 operational SPVs, the company has seen finance costs reducing by Rs. 30 crore yoy. Now this along with healthy growth in traffic volume has led to increase in cash profits by Rs. 59 crore yoy, jumps by 223.54 per cent.

Following stocks are close to their 52-week low as at 12.39 p.m. on August 9, 2018.

The markets on August 9, 2018 opened gap up. BSE Sensex is trading at 38,042.46, up by 154.90 points and the Nifty is trading at 11,480.45, up by 30.45 points. 

The benchmark index BSE Sensex is trading above the 38,000 level as private banks join the upward rally fueled by good quarterly earnings and positive vibes emanating from the Indian economy. We at DSIJ had predicted this level way back in April.

Overall volumes in futures & options currently stand at 97.18 lakh contracts with a turnover of Rs. 9,93,827.11 crore.

The PAT for the quarter came in at Rs. 204 crore as against Rs. 163 crore in the corresponding quarter last year, yoy increase of 25 per cent. During the quarter, the company has secured new orders amounting to Rs. 2,840.7 crore.

Overall volumes in futures & options currently stand at 97.18 lakh contracts with a turnover of Rs. 9,93,827.11 crore.

Trent Limited reported mixed numbers for the quarter with strong  top-line growth and flattish bottom-line.

Going ahead, there is a likelihood that we may see momentum continuing in the index, but we cannot ignore the overbought nature of the index. In the coming session, the levels of 11,500 and 11,525 may play out as immediate resistances. Stocks in news: Pidilite Industries, Corporation Bank, Mastek and HCL Technologies.

Traders can expect a quiet start to the session on Thursday as no clear trend has emerged either in the Asian or the US markets. The dull trend in the SGX Nifty suggests that Nifty could open marginally up by 5 points at 11,484. Aurobindo Pharma, Bharat Forge, Cera Sanitary, Cummins India, Engineers India, HSIL, IPCA Labs, Jet Airways, Page Industries, Eicher Motors will announce their results today.  

RCF reported strong quarterly results for the quarter, but with flat margin for the quarter.

The company has also announced capacity expansion of its distillery business by 160 KLPD from its current capacity of 360 KLPD by investing Rs. 207 crore. The existing capacity utilisation of the distillery business stood at 80-85 per cent.

Minda Industries reported strong results for the quarter with closed to double digit growth in its bottom-line

Its EBITDA for the quarter rose by 59.2 per cent YoY to Rs 217.6 crore as against Rs 136.70 crore in the corresponding quarter last year with a corresponding margin expansion of 970 bps. The EBITDA margin for the quarter stood at 40.4 per cent.

The company’s consolidated revenue for the quarter came in at Rs. 75.46 crore as against Rs. 63.74 crore in the corresponding quarter last year, registering 18.4 per cent yoy increase.

Equity funds continued to increase their presence in the domestic MF asset under management. This is despite a declining trend in the net inflows to the equity funds.

TVS Motors posted steady results for the quarter with strong revenue growth and EBITDA margin expansion.

State-owned aerospace and defence company, BEL will supply and services seven Long-range Surface-to-air Missile systems for MDL and GRSE.

The increase in revenue from Basic chemicals by 25 per cent offset by decline in revenue from Pigments and Agrochemicals by 4.6 per cent and 7.1 per cent, respectively.

The IPO of Creditaccess Gramin Limited opens for subscription from August 8 to August 10, 2018. This IPO consists of fresh equity issue worth Rs. 630 crore (1,49,28,910 shares) and offer for sale (OFS) of 1,18,76,485 shares by existing stakeholders. Post issue, promoter and promoter group’s holding will reduce to 80.3% and non-promoter shareholding will increase to 19.7% from 1.1%. The face value is Rs 10 per equity share. The minimum lot size is of 35 shares and the issue price band is Rs. 418-422 per equity share. Post allotment, the company will get listed on both BSE and NSE.

U.S. Food and Drug Administration (FDA) has accepted for review the company’s New Drug Application for Ryaltris, an investigational fixed-dose combination nasal spray for seasonal allergic rhinitis (SAR) in patients 12 years of age and older.

As per the MoU, Genesys will develop HD Mapping and content by using its core strength and skills. Whereas, Wipro will develop the directional and controller technology for the autonomous system and smart mobility companies.

EBITDA for the quarter rose by 30.4 per cent yoy to Rs. 15.51 crore as against Rs. 11.89 crore in the corresponding quarter last year, with a corresponding margin expansion of 125 bps.

Following stocks are close to their 52-week low as at 12.44 p.m. on August 8, 2018.

The markets on August 8, 2018 opened gap up. BSE Sensex is trading at 37,862.30, up by 196.50 points and the Nifty is trading at 11,439.65, up by 50.20 points. 

Civil Construction Company, Patel Engineering has bagged an order of approximately Rs. 2,400 crore for two hydro projects and a tunnel project.

EBITDA for the quarter rose by 24.7 per cent yoy to Rs. 17.18 crore as against Rs. 13.78 crore in the corresponding quarter last year. EBITDA margin for the quarter stood at 17.6 per cent , same as compared to the corresponding quarter last year.

The company registered a net profit of Rs. 10.4 crore in Q1FY18 as against a net loss at Rs. 39 crore in the corresponding quarter in the fiscal year 2018. The stock of Inox Wind was up more than 10 per cent on Wednesday.

Overall volumes in futures & options currently stand at 58.60 lakh contracts with a turnover of Rs. 5,62,374.58 crore.

Overall volumes in futures & options currently stand at 58.60 lakh contracts with a turnover of Rs. 5,62,374.58 crore.

The Indian markets are likely to open flat with a positive bias on Wednesday, despite positive leads from Wall Street. The muted trend in the SGX Nifty suggests that Nifty could open with little change at 11,429. Among Nifty 50 companies, BPCL, Cipla, HPCL and Lupin results are scheduled today.  

The stocks that are likely to witness significant movement on the bourses on August 8 are TVS Motors, Motheson Sumi, Patel Engineering, Mahindra & Mahindra and GOCL Corporation.

Understanding the liquidity of the product is important for an investor. Read on to find how liquidity of ETF and index funds are different.

Face Value: Actual cost of the stock assigned by the security issuer and shown in the certificate. 

The asset and wealth management company ASK Investment Managers has filed Draft Red Herring Prospectus (DRHP) with SEBI to raise funds through an initial public offer (IPO).

During Q1FY19, the order inflow was increased by 27 per cent to Rs. 2,698 crore. The total order book as on June 30, 2018 stood at Rs. 13,742 crore.

Standing true to his rhetoric, US President Trump reimposed sanctions on Iran which were lifted-off by his predecessor President Obama. Trump has warned the global community that anyone doing business with Iran will not be doing business with the US.

The following table lists top-ranked equity funds based on DSIJ's proprietary research methodology. We have evaluated each funds underlying portfolio of stocks and ranked them based on their expected portfolio returns. This way we are also able to rank newly launched funds that are not rated by others due to their short duration of existence. 

Motherson Sumi reported stable numbers for the quarter with steady revenue growth and robust bottomline growth for the quarter.

Sales volume were up by 18 per cent as compared to Q1FY18. Bangalore region contributes 64 per cent of the total volume. Other locations volume increased by 56 per cent as compared to Q1FY18.

Hawkins Cookers Limited reported its results for the quarter ended June 30, 2018 during market hours on Monday. The company's standalone revenue for the quarter came in at Rs. 120.74 crore as against Rs. 84.78 crore in the corresponding quarter last year, registering 42.4 per cent YoY increase.

Following stocks are close to their 52-week low as at 2.38 p.m. on August 7, 2018.

The markets on August 7, 2018 opened flat. BSE Sensex is trading at 37,743.69, up by 51.80 points and the Nifty is trading at 11,403.15, up by 16.05 points. 

Infrastructure player, Dilip Buildcon has been declared as L-1 bidder in the tender called by the PSPCL for selection of Mine Developers and Operators (MDO) for the Pachhwara Central Coal Mine in Rajmahal Coalfield.

The construction arm of Larsen and Toubro has won orders across its business segments viz Power Transmission & Distribution business and Smart World and Communication Business.

Ujjivan Financial Services reported net interest income of Rs. 222.4 crore in Q1FY19, an increase of 60.9 per cent over Q1FY18. The financial institution's total income was Rs. 461.7 crore in Q1FY19, an increase of 28.7 per cent over Q1FY18. While the net interest margin stood at 11.6 per cent in Q1FY19, an increase from 9.2 per cent in Q1FY18.

Kridhan Infra soared over 5 per cent in intraday trade on Tuesday after its associate company Vijay Nirman Company (VNC) was awarded a new project amounting to Rs 132.6 crore.

Caplin Point Laboratories reported stable quarterly earnings with strong topline and tepid bottomline.

The company’s standalone revenue for the quarter came in at Rs. 21.1 crore as against Rs. 22.53 crore in the corresponding quarter last year, registering 6.3 per cent decline.

Avanti feeds reported weak performance for the quarter with marginal revenue growth and poor operational performance

The company’s consolidated revenue for the quarter came in at Rs. 549.42 crore, registering 33.1 per cent yoy increase. This growth was driven by an increase in revenue from Milk Products by 41 per cent YoY which was led by growth in key product categories.

The pharma major has received final approval from USFDA for generic version of Voltaren Gel, 1%. The gel is expected to be shipped to the US market by the end of the month.

Overall volumes in futures & options currently stand at 55.43 lakh contracts with a turnover of Rs. 5,38,996.34 crore.

Overall volumes in futures & options currently stand at 55.43 lakh contracts with a turnover of Rs. 5,38,996.34 crore.

Going ahead, the zone of 11,400-11,430 is likely to act as a resistance for the Nifty.  Stocks in news: Unichem Laboratories, Sun Pharmaceutical, Kridhan Infra, IZMO and Rolta.

A muted start is in the offing for the Indian markets Indian markets as the SGX Nifty suggests that Nifty could open almost unchanged at 11,430. Adani Enterprises, Adani Transmission, AU Small Finance Bank, Bombay Dyeing, Edelweiss Financial Services, Mahindra and Mahindra, Motherson Sumi Systems, Mphasis, Punjab National Bank, Sobha, SRF, Thomas Cook, TVS Motors are set to declare their results today.  

The stocks that are likely to witness significant movement on the bourses on August 7 are Sun Pharmaceutical Industries, Arvind Limited, Britannia Industries, Kridhan Infra and Sanofi India.

ETFs by way of their structure are more tax-efficient, yet, investing in ETFs should not be looked at only from a tax-efficiency point of view, but you also need to check how it fits your financial planning.

Subros Limited gained over 4 per cent in intraday trade on Monday after the company announced that it is going to consider raising of funds via the issue of equity shares.

Hindustan Unilever, the holder of Kwality Wall’s and Magnum brands, signed an agreement to acquire brand ‘Adityaa Milk’ to increase its penetration into Ice-Cream and Frozen Desserts business. The stock of HUL shed 1.7 per cent at 15:15 hours after witnessing Open-High at Rs. 1,764.95 per share in Monday’s trade.

Unison Enviro Private Limited, a wholly-owned subsidiary of the company has received Letters of Intent (LOI) for city gas distribution in two areas in Karnataka and Maharashtra.

Engineering and construction mammoth, Larsen & Toubro's construction arm has won orders worth Rs. 1,296 crore.

Bharti Airtel has announced its strategic partnership with Telecom Egypt, Egypt’s first integrated telecom operator. Through this partnership, Airtel will get IRUs (Indefeasible Right of Use) on the Middle East North Africa Submarine Cable (MENA cable) and TE North Cable Systems. Additionally, it will also take large capacities on two new state-of-the-art cable systems (SMW5 and AAE1) on a long-term basis.

Great Eastern Shipping, the second largest shipping company by market capitalisation as recently signed a contract to purchase secondhand gas carrier. The carrier is very large of nearly 81,605 cbm and that the 2006 built vessel is likely to join GE Shipping’s fleet in the second quarter of FY19.

Alembic Pharmaceuticals has received a tentative approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Bimatoprost Ophthalmic Solution, 0.03 per cent.

The orders comprise of providing necessary infrastructure facilities like furniture, additional class rooms including library rooms and electrical facilities in all the government schools in five districts.

Following stocks are close to their 52-week low as at 12.40 p.m. on August 6, 2018.

Mercator Limited has bagged Maintenance Dredging Contract of Rs. 26.39 crore from Goa Naval. The contract is for block year 2018-20, 50 per cent of the project is to be completed in FY 2019 and the remaining in the FY 2020.

The jump in volume was primarily due to the investment in brands and widening the distribution network through focus on direct reach, rural market and weak states.

The markets on August 6, 2018 opened gap up. BSE Sensex is trading at 37,736.54, up by 180.38 points and the Nifty is trading at 11,398.70, up by 37.90 points. 

Overall volumes in futures & options currently stand at 50.56 lakh contracts with a turnover of Rs. 4,72,158.52 crore.

Overall volumes in futures & options currently stand at 50.56 lakh contracts with a turnover of Rs. 4,72,158.52 crore.

The stock of generic drug manufacturer Glenmark Pharma halts after posting seven consecutive days of uptrend. Glenmark and Harbour BioMed entered into an agreement to develop, manufacture and market a bispecific antibody GBR 1302 for treating HER-2 Positive Cancers for Greater China territory.

The growth in domestic revenue stood at 23 per cent, mainly driven by products launched in the recent past and good marketing strategies.

Aarti Industries reported strong results in Q1FY19 with speciality chemicals business gaining traction and aiding strong top-line for the quarter.

The country’s second largest mutual fund house, HDFC Asset Management Company (HDFC AMC) made a prolific debut on Monday as the scrip got listed at Rs 1,739 per share, a 58.09 per cent premium on BSE.

The company plans to build a new integrated cement plant at Mukutban, Maharashtra with an investment of Rs. 2,450 crore. 

The PAT for the quarter jumped to Rs. 16.65 crore as against net profit of just Rs. 3.77 crore in the corresponding quarter last year.

For the quarter ended June 30, 2018, BSE Limited registered earnings per share from continuing operations of Rs 9.98, up by 10 per cent from Rs 9.11 as against the same quarter in 2017.

In Monday’s session, we expect Nifty to carry on its upward momentum, the level of 11,400 remains a key hurdle to watch on the upside. Stocks in news: Wipro, Quess Corp, ICRA, TCS, Valecha Engineering, Adani Enterprises, Premier Explosives, Puravankara, ENIL, Birla Corporation, Indian Hume Pipe, Thyrocare Technologies and JBM Auto.

Indian markets may see a cheerful start to the week tracking strong leads from Asian peers and Wall Street. The bullish trend in SGX Nifty, which was trading higher by 39 points, indicated that Nifty could open above the 11,400-mark. Among Nifty 50 companies, Adani Port is slated to announce its results today.  

The decision of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) to hike the repo rate by 25 bps to 6.50%, thereby moving the reverse repo rate to 6.25%, and maintaining the Cash Reserve Ratio at 4%, indicates the neutral stance adopted by the RBI on the monetary policy.

Insertion of clause 68HH in EPF Scheme will enable a member of the EPF, who is no longer in employment for a continuous period of one month, to withdraw 75% of the total fund standing to his or her credit in the PF account.

Not many home buyers know that the Real Estate Regulation and Development Act, 2016 (RERA) has introduced title insurance for property. RERA has mandated the purchase of title insurance for all new and ongoing property developments registered with the regulatory body, yet there is very little awareness about this amongst buyers.