The company is engaged in the power generation, transmission and distribution business. It is a distribution licensee in Ahmedabad, Gandhinagar, Surat, Dahej SEZ, Dholera SIR, Dadra, Nagar Haveli, Daman and Diu and the distribution franchisee for Bhiwandi, Agra and SMK (Shil, Mumbra, Kalwa).

Understanding market phases is crucial for navigating the complexities of financial markets. By discerning accumulation, trending, and distribution phases, practitioners can make informed decisions, leveraging market dynamics to their advantage. Through a blend of technical analysis and market sentiment evaluation, participants can adapt to evolving market conditions and capitalize on emerging opportunities.

This guide will equip you with a smart strategy to conquer your investment journey and turn your Rs 10 lakh into a wealth-building machine.

Take a closer look at the exclusive details of Bharti Hexacom Ltd’s IPO inside

The stock gave multibagger returns of 246 per cent in 3 years whereas BSE Sensex Index is up by 50 per cent.

In December 2023, DIIs increased their stake to 43.81 per cent compared to 42.70 per cent in September 2023. 

Interview with Semant Shukla Chief Business Officer of JM Financial Asset Management Ltd

Recommendations Based on Street Talk 

This indicator measures the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages.

Expert guidance to subscribers’ queries on stocks held by them.

Review of 1 stock recommended in the past

1 stock recommendation each based on Fundamental and Technical analysis along with timely review to provide you with handsome profits.

Technical Analysis of 1 stock (with 15-day horizon).

The conclusion of FY24 witnessed a remarkable surge in the Nifty and Sensex, both surging close to 1 per cent.

The company has reported a mixed set of numbers in its quarterly results (Q3FY24) and nine-month results (9MFY24).

The shares of the company have an ROE of 25.27 per cent.

On March 27, 2024, foreign institutional investors (FII) bought shares worth Rs 2,170.32 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,197.61 crore.

BSE-listed companies' market capitalisation is approximately - Rs 387 lakh crore or USD 4.64 trillion as of March 28, 2024.

From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 5 per share, the stock is up by 88 per cent.

Overall, the broader market sentiment is positive, with 2,222 stocks advancing compared to 1,242 stocks declining.

According to the shareholding pattern, FIIs bought 76,15,502 or 8.95 per cent stake in the company as of February 2024.

The stock’s 52-week high is Rs 5.63 and its 52-week low is Rs 2.39. 

The stock is up by 59 per cent from its 52-week low of Rs 284.80 per share.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 539.48 points or 0.74 per cent.

Overall, 907 stocks advanced compared to 1,198 stocks declining, indicating a negative sentiment prevailing in the broader market.

Market volatility, as indicated by India VIX, has declined by 0.92 per cent, reflecting a decrease in market volatility.

In December 2023, BofA Securities Europe Sa, an FII bought 1,67,000 shares at Rs 188 per share aggregating to Rs 3,13,96,000 or 3.14 crore.

The stock gave multibagger returns of 270 per cent in just 1 year whereas BSE Sensex Index is up by 27 per cent in the same period.

On March 26, 2024, foreign institutional investors (FII) bought shares worth Rs 10.13 crore, while domestic institutional investors (DII) purchased shares worth Rs 5,024.36 crore.

The broader market is in green, with the BSE Mid-cap Index up 0.42 per cent and the BSE Small-cap Index up 1 per cent.

Overall, the broader market sentiment remains positive, with 1,956 stocks advancing compared to 1,732 stocks declining.

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 879 per share and a whopping 424 per cent in 3 years.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 205.52 points or 0.28 per cent.

With 677 stocks advancing and 1,437 stocks declining, the broader market sentiment leaned negative.

Market volatility, as indicated by India VIX, has surged by 4.91 per cent, reflecting an increase in market volatility.

The stock gave multibagger returns of 300 per cent in just 1 year and a whopping 800 per cent in 3 years.

The stock has an ROE of 21 per cent and an ROCE of 27 per cent.

BSE-listed companies' market capitalisation is approximately - Rs 382 lakh crore or USD 4.59 trillion as of March 26, 2024.

Here are the top 10 best-performing thematic mutual funds.

On March 22, 2024, foreign institutional investors (FII) sold shares worth Rs 3,309.76 crore, while domestic institutional investors (DII) purchased shares worth Rs 3,764.87 crore.

The stock gave multibagger returns of 164 per cent in just 1 year and a whopping 5,000 per cent in 3 years.

The shares of the company have an ROE of 71 per cent and a ROCE of 103 per cent. 

From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 5.27 per share, the stock is up by 98.12 per cent.

Overall, the broader market sentiment remains negative, with 1,509 stocks advancing compared to 2,291 stocks declining.

The shares of the company have an ROE of 27 per cent & an ROCE of 21 per cent with multibagger returns of over 120 per cent in just 3 years.

The stock’s 52-week high is Rs 382 and its 52-week low is Rs 170 with a market cap of over Rs 1,300 crore.  

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 354.45 points or 0.49 per cent.

Get ready for big scores! These sectors could win big during the IPL.

Market volatility, as indicated by India VIX, has declined by 2.34 per cent, reflecting a decrease in market volatility.

Dissenting vote raises questions about swap ratio fairness for ICICI shareholders.

In this article, unlock liquid funds and safeguard your future with easy-access cash, like your Holi color box!

Take a closer look at the exclusive details of SRM Contractors Ltd’s IPO inside

Relying solely on the Grey Market Premium rumoured in the market when evaluating an investment opportunity can result in investments being stuck in businesses that investors don't fully understand.

The circular issued by SEBI emphasizes that reducing the settlement cycle enhances cost and time efficiency, transparency, and risk management within the securities market ecosystem.

On March 22, 2024, the stock surged more than 4 per cent to make an intraday high of Rs 51. The scrip witnessed some consolidation and closed at Rs 51.

BSE-listed companies' market capitalisation is approximately - Rs 382 lakh crore or USD 4.59 trillion as of March 22, 2024.

According to provisional data from the NSE, Foreign Institutional Investors (FIIs) sold shares worth Rs 1,826.97 crore, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 3,208.87 crore on March 21.

Overall, market sentiment is positive, with more stocks advancing than declining.

Marine lines to get a makeover as MICL announces tower exceeding 800 feet.

An ace investor, Mukul Agrawal owns 5,70,000 shares or 1.51 per cent stake in the company.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 227.56 points or 0.31 per cent.

Overall market sentiment remained positive, with 1,893 stocks advancing compared to 389 stocks declining.

Today, shares of Gujarat Toolroom Ltd locked into the 5 per cent lower circuit to Rs 44.89 per share from its previous closing of Rs 47.25. The stock’s 52-week high of Rs 62.97 per share and its 52-week low is Rs 8.92 per share. In the recent trading sessions, the stock has been hitting back-to-back lower circuits.

Recommendations Based on Street Talk 

The stock gave multibagger returns of 220 per cent in just 1 year whereas BSE Sensex Index is up by 25 per cent.

Market volatility, as indicated by India VIX, has declined by 7.13 per cent, reflecting a decrease in market volatility.

This indicator measures the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages.

Review of 1 stock recommended in the past

1 stock recommendation each based on Fundamental and Technical analysis along with timely review to provide you with handsome profits.

Expert guidance to subscribers’ queries on stocks held by them.

The recent market dynamics have been nothing short of a rollercoaster ride, with both the BSE Sensex and the NSE Nifty 50 indices teetering on the brink of negativity before staging a remarkable turnaround.

Technical Analysis of 1 stock (with 15-day horizon).

The stock gave multibagger returns of 240 per cent in just 1 year whereas BSE Sensex is up by 25 per cent.

Interview with Mahesh Viswanathan, CFO of Finolex Cables

The broader markets were in positive territory, with the BSE Mid-cap Index up 2.36 per cent and the BSE Small-cap Index up 2.01 per cent.

Despite the increasing competition in the home decor segment with the entry of new players like Grasim Industries, Asian Paints has continued to maintain its lead, and its financials present an encouraging opportunity to investors who may want to infuse some colour in their portfolio

If you intend to invest for the long term, you would generally have the capacity to invest in equity and equity-related funds as you can wait out the inevitable ups and downs of the markets. 

On March 20, 2024, foreign institutional investors (FII) sold shares worth Rs 2,599.19 crore, while domestic institutional investors (DII) purchased shares worth Rs 2,667.52 crore.

Once you achieve this corpus, how you deploy and use this corpus also plays a crucial role in sustaining the corpus for a longer period. 

Madhabi Puri Buch, Chairperson, SEBI, has raised concerns about the overvaluation in certain pockets of small-cap and mid-cap stocks and the safety of investors’ interests.

The Nifty finally succumbed to an impulsive corrective move across the market selling pressure.

If you find that the price of the same object differs across different markets and you know that you will potentially make a profit at very low risk, ask yourself whether you are going to capitalise on it or not. Rakesh Deshmukh takes a closer look at this concept within the context of the financial markets 

Over the past decade, there has been a remarkable evolution in household appliances, largely driven by the emergence of smart technology.

Investing in the stock market can often be a daunting task, especially for retail investors. However, by delving into the world of special situation investing, investors can uncover unique opportunities that have the potential to yield substantial returns. In this article, we will explore the concept of special situation investing, its role in mutual funds, and how retail investors can harness its power to make informed investment decisions. 

This section gives you some of the momentum stocks which are in buzz for past few days and are expected to give quick returns in a 15-day horizon.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

This section gives a recommendation of a stock having stock price below Rs 150 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

We had recommended KNR Constructions Ltd. in Volume 38, Issue No. 19 dated Aug 14, 2023— Aug 27, 2023, under the ‘Choice Scrip’ segment.

This column gives you a scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year.

Over the past one month we have seen a dramatic shift in the performance of the Indian equity indices.

Given that small-cap and mid-cap stocks have started correcting from the second week of March and the general elections next month could act as a trigger, this seems to be the right time to transition to large-cap stocks. Besides, the global scenario is also not looking very favourable for the equity market, thereby creating a lot of volatility in the equity market 

Similarly, March to May sees a rally that could be linked to the financial year-end activities, including corporate results and forecasts influencing investor sentiment.

The company is a well-established jewellery retailer with a robust presence in rural and semi-urban areas of Andhra Pradesh and Telangana.

The preceding fortnight proved to be exceptionally challenging for the broader markets, which had enjoyed a strong rally over the past year.

Reflecting on your cover story from the previous edition on commodity mutual funds, my personal take is that they are a slow wealth generator.

As a regular reader of Dalal Street magazine, I appreciate your stock recommendations.