Tax Queries by Jayesh Dadia, Chartered Accountant.

The financial year 2023-24 till date has proven to be exceptional for the markets, marked by a robust rally in indices that propelled them to reach all-time high levels.

The stock is up by 60 per cent from its 52-week low of Rs 107.35 per share.

In the fintech world, few names have captured the imagination and attention of investors and consumers alike as Paytm.

Just Dial Limited, a prominent Indian local search engine, plays a pivotal role in facilitating the digitalisation of small and medium businesses (SMEs) across India through its comprehensive platforms.

Chinese policymakers have escalated efforts to bolster the economy and stabilise the markets, reflecting concerns about a recovery hindered by a property crisis, deflationary pressures, and weakened consumer confidence. The report examines if these measures will impact the stock market in India 

With an increasing number of investors starting their investment process with a financial plan in place, most of them have a clear map for the road ahead and the improved ability to achieve their investment goals.

he Nifty sustained above the 20 DMA for the third successive day, and the Bollinger bands were flattened.

Investment Horizon : Query-Specific : Subscribers can ask their queries regarding stocks they hold and get our expert guidance. 

In today’s monetary policy announcement, the RBI mandated that loan processing fees, documentation fees, and other charges be incorporated into the actual interest rates disclosed to borrowers.

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.

Investors are drawn to large-cap funds primarily due to the stability and consistency provided by wellestablished blue-chip companies, particularly during periods of market volatility. Although small-cap and mid-cap stocks carry the potential for greater returns, they also entail higher volatility and risk. Rakesh Deshmukh takes a closer look at the scenario

We had recommended Thermax Ltd. in Volume 38, Issue No. 12 dated May 8, 2023— May 21, 2023, under the ‘Analysis’ segment.

This section gives decisive investment rationales to our subscribers on the MF queries they have raised to our research team.

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.

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 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.

The power and metal sectors have experienced robust gains, thanks to the sectoral boost provided in the budget

The Equal Weight Index diverges from conventional indices by assigning equal weight to each constituent, in contrast to the market capitalization weight assigned in typical indices. This article explores the distinctions between the two approaches and evaluates whether opting for an equal-weighted index makes sense compared to a market-cap-weighted one. 

The article on passive and active management was an eye-opener.

We appreciate your kind words of encouragement.

In the 1980s, the introduction of the 401(k) plan in the US marked a significant milestone for the equity market, propelling it to new heights throughout the decade and into the 1990s.

Strong governance fosters confidence, attracts capital, mitigates risks, and ultimately leads to sustainable growth.

The stock is up by 68 per cent from its 52-week low of Rs 111.15 per share.

However, what strategies can be employed to bolster ROE? There are three primary levers, each capable of positively or negatively affecting a business's ROE

While Indraprastha Gas Ltd (IGL) might have been an underperformer in the past year, there are signs of a phoenix-like resurgence.

Over a decade, the stock has soared from Rs 1.50 per share to an intraday high of Rs 100.15 per share, achieving multibagger returns of 6,575 per cent.

IPO Rating: Avoid

Discover the secrets of Indian penny stock gems: Market movers, deep research, smart trading.

The stock gave multibagger returns of 565 per cent from its 52-week low of Rs 5.18 per share.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 368.36 points or 0.51 per cent.

India's largest public sector bank, the State Bank of India, also achieved a new 52-week high on Wednesday, reaching Rs 677.95, concluding the day higher by Rs 25 or 3.84 per cent. While the uptick could be attributed to Prime Minister Narendra Modi's remarks in the Rajya Sabha regarding PSUs, there's another facet to this narrative.

Over the preceding quarters, the company has demonstrated notable improvements in its business performance. This positive trajectory is largely attributable to the unwavering support extended by Tata Steel, encompassing substantial order placements and capital infusion

After rising nearly rising 500 per cent over the period of 12 months, shares of Servotech Power Systems Ltd are undergoing a correction and have hit the lower circuit for the second straight day.

The following penny stocks are likely to be in focus on Thursday, February 08, 2024

The stock gave multibagger returns of 300 per cent in just 1 year and of a whopping 2,400 per cent in 3 years.

Max pain at the end of today's trade for weekly expiry on February 8 stands at 21900.

The India VIX, which measures market volatility, has decreased by 1.74 per cent, indicating a marginal fall in market volatility.

The company has a market cap of over Rs 1,00,000 crore and has delivered good profit growth of 37 per cent CAGR over the last 5 years.

The broader markets were in positive territory, with the BSE Mid-cap Index up 1.38 per cent and the BSE Small-cap Index up 0.38 per cent.

On February 06, 2024, foreign institutional investors (FII) bought shares worth Rs 92.52 crore, while domestic institutional investors (DII) purchased shares worth Rs 1,096.26 crore.

The company's involvement in Indo-Bangladesh border fencing in Mizoram, Meghalaya, and Tripura for the Ministry of Home Affairs, coupled with the recent completion and successful handover of the Indo-Pak Border fencing spanning approximately 61 kilometers and 13 Border Outposts in Gujarat's Kutch region, underscores its prowess in executing critical border infrastructure projects.

As investors, we're constantly faced with a dilemma: should we take a chance on an apparently overpriced, high-growth stock, or play it safe with an undervalued, slow-growth option? It's a conundrum that plagues both seasoned professionals and newcomers alike.

The stock gave multibagger returns of over 150 per cent year to date (YTD), 287 per cent in 1 year and a whopping 1,090 per cent in 5 years.

The company has a good return on equity (ROE) track record: a 3-year ROE of 32.4 per cent and has been maintaining a healthy dividend payout of 32.3 per cent.

From a technical standpoint, the stock exhibits a robust upward trajectory, marking a multi-year breakout reminiscent of April 2019 levels. The stock has soared to a fresh 52-week high, with all short and long-term moving averages trending upwards in the desired sequence

The stock gave multibagger returns of 245 per cent in just 1 year and a whopping 6,000 per cent in 3 years.

The latest quarterly report paints a picture of soaring success for Zaggle, with a record-breaking surge in revenue and a staggering 919.5 per cent year-on-year jump in profit after tax in Q3FY24. Notably, the renowned investor Ashish Kacholia has shown considerable confidence in the company, holding a substantial stake of 2.21 per cent.

In this article, we'll demystify the intriguing 15-15-15 rule for wealth creation.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 456.93 points or 0.63 per cent.

Max pain at the end of today's trade for weekly expiry on February 8 stands at 21900.

The following penny stocks are likely to be in focus on Wednesday, February 07, 2024

Market volatility, as measured by India VIX, has increased by 1.17 per cent, indicating a minor rise in market volatility.

The market capitalization of BSE-listed companies was Rs 3,86,88,252 crore or approx. Rs 387 lakh crore as of February 06, 2024.

Untangling the high-risk, high-reward maze for Indian investors.

On February 05, 2024, foreign institutional investors (FII) bought shares worth Rs 518.88 crore, while domestic institutional investors (DII) offloaded shares worth Rs 1,188.68 crore.

The stock gave multibagger returns of 285 per cent in just 1 year and of a whopping 2,340 per cent in 3 years.

The stock gave multibagger returns of 248 per cent from its 52-week low of Rs 88.15 per share.

IPO Rating: Apply for listing gains

Driving this remarkable surge was the entry of the esteemed investor, Ashish Chugh, renowned for his discerning investment strategies and often regarded as possessing the proverbial "Midas touch."

The stock gave multibagger returns of 267 per cent in just 1 year, 11,068 per cent in 3 years and a whopping 33,500 per cent in 5 years.

Shares of the company gained about 40 per cent in the last six months.

His bet, made over a decade ago, had transformed into a wealth-generating machine, defying the odds and setting a new standard for success in the stock market. His story is just not about luck or blind gambles; it is a testament to patience, courage, and conviction.

The stock was listed on BSE at Rs 55 per share and in 7 days the stock is up by 30 per cent to Rs 71.19 per share.  

The stock is up by 58 per cent from its 52-week low of Rs 11.49 per share and multibagger returns of 236 per cent in 3 years.

The stock is up 93.3 per cent from its 52-week low of Rs 2.38 per share.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 168.38 points or 0.23 per cent.

Emerged as the standout performer, concluding the day with an impressive 8 per cent surge, reaching Rs 803. The company specializes in providing solar energy solutions to industrial and commercial clients.

It maintained its position as the leading bus manufacturer in the country, securing orders for over 3800 buses from State Transport Undertakings during the quarter. The growing bus market is anticipated to contribute significantly to overall industry volumes.

This prestigious order, emanating from a global leader in renewable energy, catapults the unexecuted order book to an impressive 1.161GW. The associated order value stands at a significant Rs. 547.5 crore

IPO Rating: Apply for the long-term

Technical and fundamental analysis are frequently used in tandem by profitable traders to increase their chances of winning big. We provide a tried-and-true method in this post that has helped many astute investors achieve remarkable returns.

Max pain at the end of today's trade for weekly expiry on February 8 stands at 21800.

The India VIX, which measures market volatility, has increased by 6.86 per cent, indicating a rise in market volatility.

On the same day, 514 stocks hit a 52-week high while 31 stocks touched a 52-week low.On the same day, 514 stocks hit a 52-week high while 31 stocks touched a 52-week low.

On February 02, 2024, foreign institutional investors (FII) bought shares worth Rs 70.69 crore, while domestic institutional investors (DII) bought shares worth Rs 2,463.16 crore.

The stock gave multibagger returns of over 200 per cent in just 1 year whereas BSE Small-cap Index is 65 per cent and a whopping 910 per cent in 3 years.

The stock gave multibagger returns of over 130 per cent year to date (YTD), 235 per cent in 1 year and a whopping 1,000 per cent in 5 years. 

This achievement positions the company strategically to seize the first-mover advantage and secure a substantial order book in the future.

The stock gave multibagger returns of 500 per cent in just 1 year whereas BSE Small-Cap Index is up by 65 per cent.

IPO Rating: Apply for the long-term

The stock gave multibagger returns of over 420 per cent from its 52-week low of Rs 24.63 per share and a whopping 990 per cent in 3 years.

Parag Parikh Flexi Cap has become a stalwart in the flexi-cap category, boasting substantial assets under management (AUM) of Rs 50,000 crore. The fund's historical performance has been noteworthy, consistently outperforming benchmarks like the S&P 500 BSE TRI and Equity: Flexi Cap over a 10-year period.

Shares of the company gained over 170 per cent in the last six months.

Comapny achieved a significant milestone as the first company in the Asia Pacific to supply 15 million Smart Meters. The company's total order book exceeds Rs 19,000 crore (net of taxes).

The stock gave multibagger returns of over 1,000 per cent in 3 years and a whopping 4,800 per cent in a decade.

The stock has demonstrated remarkable performance, delivering multibagger returns over the last year, with an impressive increase of 286.35 per cent. Furthermore, in the last three months alone, it has witnessed a notable surge of 82.47 per cent.

By 9.15 am, the index stood at 72,072.84 signifying a loss of 12.79 points or 0.02 per cent over its previous closing. 

The stock gave multibagger returns of 166 per cent from its 52-week low of Rs 2.66 per share.

Over a decade, the stock has soared from Rs 1.50 per share to Rs 106.15 per share, achieving multibagger returns of 6,975 per cent.

The stock gave multibagger returns of 133 per cent in just 6 months whereas BSE Small-Cap Index is up by 33 per cent.

The stock gave multibagger returns of 235 per cent in just 1 year whereas BSE Small-Cap Index is up by 64 per cent.

Max pain at the end of today's trade for weekly expiry on February 8 stands at 21900.

The India VIX, which measures market volatility, has increased by 1.68 per cent, which is a minor rise in market volatility.

To assist you in this nuanced financial ballet, we present a curated list of stocks priced below Rs 100 that have not only weathered the market storm but have also commanded the spotlight with the highest volumes in the last 100 trading sessions.

In conclusion, the power of deleveraging are potent weapons in the arsenal of successful investors. By recognizing these trends and aligning your investment strategy accordingly, you might just find yourself riding the wave of multibaggers

Notably, the company had something more up its sleeve – it proudly reported its maiden quarterly profit of Rs 37 crore for Q3FY24, a remarkable turnaround from the loss of Rs 21.1 crore in the preceding September quarter and Rs 87.6 crore in Q3FY23.