The stock is expected to witness buying momentum in coming sessions owing to excellent quarterly results declared this season.

Markets are in great shape and Sensex while trading at life highs is helping build a positive sentiment and feel-good factor about being an investor in equity markets. The positive sentiment is leading to increased participation in the markets and with increased participation the demand for small caps, microcaps and penny stocks is on the rise.  
 

Fund Manager Analysis :Chief Investment Officer -Equity, Kotak AMC

Readers are requested to send only one query at a time so that more readers get a chance. Have questions relating to any aspect of personal finance. Ask DSIJ at editorial@DSIJ.in and get your queries resolved

Every investor aims to invest in funds that have an established track record.

This is our mutual fund recommendation. 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

Retirement planning is a crucial financial goal often overlooked by many.

Ruchi Soya Industries: Ruchi Soya Industries has forayed into the nutraceuticals & wellness products segment. The company's board of directors approved the launch of 100 per cent vegetarian, preservative-free nutraceutical products to be marketed under 'Patanjali' and 'Nutrela' branding in the medical, sports, and general nutrition categories.

Most people invest with little or no in-depth analysis or study.

The primary goal of satellite investment is to juice up your overall returns.

Most of the mutual fund investors that I do know are more focussed on selecting the right MF schemes.

Your cover story titled ‘Exploring Small-Cap and Mid-Cap Funds’ was quite insightful.

Sun Pharmaceutical Industries Ltd announced today that one of its wholly-owned subsidiaries has entered into a licence agreement with Ferring Pharmaceuticals Private Limited, a subsidiary of Switzerland-based biopharmaceuticals MNC Ferring Pharmaceuticals, to commercialise a room temperature stable (RTS) formulation of the obstetric drug, CARITEC (Carbetocin RTS) in India.  

The shares of Ratnamani Metals & Tubes Ltd (RMTL) were trading in the green on Wednesday after the company announced that it has secured an order for carbon steel pipes worth Rs 81.79 crore.   

Tata Power Limited’s wholly-owned subsidiary, Tata Power Solar has received a letter of award (LoA) to build 210 MWp of solar PV projects for NTPC. The total order value of the projects is Rs 686 crore while its commissioning date has been set for November 2022. 

Ramco Systems, a next-gen enterprise software company, announced today that it has been selected by Bristow Group Inc., a leading global provider of vertical flight solutions to digitally transform the maintenance & engineering operations of the latter.  

Lupin Ltd, a global pharmaceutical company, announced today that it has received the approval from United States Food & Drug Administration (USFDA) for its biologics license application (BLA) of its biosimilar to Neulasta (pegfilgrastim). 

Emirates Integrated Telecommunications Company (EITC) - du, UAE’s second integrated telecom service provider and Route Mobile Limited have entered into a partnership to launch du’s global A2P messaging hub as a new service in the region, which will be completely managed by Route Mobile Limited.  

Sensex is up by approximately 9 per cent on a YTD basis while as many as 14 Sensex stocks have outperformed the frontline index on a YTD basis.   

The real show stopper of today’s session is the broader indices as Nifty Midcap 100 & Smallcap 100 have surged over a per cent.

We have prepared a list of stocks of Nifty 500 which have seen a spurt in volume in the last half an hour along with the price rise. Usually, it is perceived that a price rise backed by a jump in volumes indicates bullishness. Hence, BTST traders can keep a track on these stocks.   

The current upmove in the stock is supported by a jump in the volume by at least 1.74 times as per BSE records on an intraday basis on Wednesday. The company has recently announced in its board meeting that it aims to raise Rs 200 crore in tranches by issuing equities.    

With positive momentum in insurance companies, Max Financial Services was seen hitting fresh life-highs for itself. The stock made a fresh high at Rs 974.50 per share on an intraday basis, which also becomes its fresh life-high. The stock is up by 38 per cent on a YTD basis even as the stock has more than doubled in less than a year.  

The volume recorded was above its 20-day average. The 20-day average volume stands at 11.48 lakh whereas, today’s session volume has already crossed 90 lakh even though we are still halfway through the session. The game-changing trigger for the stock is that the company

Traders and investors are now increasingly waking up to realise that economy may finally open and as estimated by various pundits, India will be fully vaccinated by December 2021. There is wide speculation that by the end of the year, all those hotels that are struggling to do business in the wake of the pandemic will be full by the year-end.  

The market opened in red on June 2, 2021.

The market opened in green on June 1, 2021, overall volumes in futures & options currently stand at 3,16,91,533 contracts with a turnover of Rs. 30,79,549.69 crore.

The market opened in green on June 1, 2021, overall volumes in futures & options currently stand at 3,16,91,533 contracts with a turnover of Rs. 30,79,549.69 crore.

HDFC AMC was a star performer in 2019; however, it hasn’t been doing well since the recent market rally that started one year back, relatively speaking.
 

Active portfolio management is all about beating the benchmark and to some extent, even the frontline indices.

Like last year, the market is again attempting to play the re-opening theme even as investors hustle to identify the stocks in the travel sector.

The improvement in the RoCE, led by a heavy reduction in debts, is the answer. Subex has reduced its debt over the years and substantially improved its financial performance.    
 

Bajaj Auto posted a jump in sales by 114 per cent in May 2021 with 2,71,862 units being sold as against 1,27,128 units in May 2020. The sale of the two-wheelers jumped by 113 per cent YoY while sales of commercial vehicles (CV) rose by 118 per cent YoY. 

Chemcon Speciality Chemicals: We have maintained our market leadership position in these pharma chemicals. New product 4 CBC has contributed to our revenue marginally. On the other hand, products like 2,5 DHT and high purity HMDS are likely to flourish in FY22. 

Suzlon Group today announced its new order win for the development of a 252 MW wind power project from CLP India. The company will install 120 units of S120-140m wind turbine generators with a hybrid lattice tubular tower, with a rated capacity of 2.1 MW each. 

Edelweiss Retail Finance Limited (ERFL), a subsidiary of Edelweiss Group, announced today that it has signed a new memorandum of understanding (MoU) with Central Bank of India (CBoI).

"With the second wave causing widespread chaos and damage, we have formed Blue Dart Med-Express Consortium with a single goal in mind and that is, to deliver vaccines and other critical medical equipment in a reliable manner that helps us reach every village & city in India. " says Mr Aneel Gambhir, CFO, Blue Dart Express Limited.

In May 2021, BSE StAR MF processed 1.14 crore transactions worth Rs 30,938 crore, despite the devastating Covid-19 outbreak and distributors channelising their transactions through online platforms.

Locked in the upper circuit at Rs 75.75 per share, the stock is trading at a PE multiple of just 2.41 even as the stock at current prices offers a mouthwatering dividend yield of 10.23 per cent.  

On Tuesday, Glenmark Pharmaceuticals Limited announced that it has launched Rufinamide tablets in the strengths of 200 mg & 400 mg, which is a therapeutic equivalent of Banzel tablets, 200 mg and 400 mg of Eisai, Inc.  

Trading at a P/E multiple of 20, this low-price speciality chemical stock made a fresh 52-week high for itself on Tuesday. With highest quarterly PAT declared and revenue growth in excess of 38 per cent, aided by technical indicators, the stock can breach its resistance levels and make fresh 52-week highs in the coming weeks.  
 

Through this MoU, ESC shall utilise its pan India network of electronics & IT exporters and evaluate the small & medium enterprises (SMEs) as well as startups amongst these for listing on BSE SME & Startup Exchange.

The market opened in green on June 1, 2021.

The market opened in green on June 1, 2021, overall volumes in futures & options currently stand at 3,16,91,533 contracts with a turnover of Rs. 30,79,549.69 crore.

The market opened in green on June 1, 2021, overall volumes in futures & options currently stand at 3,16,91,533 contracts with a turnover of Rs. 30,79,549.69 crore.

The world’s largest speciality packaging company, EPL Limited, which was formerly known as Essel Propack Limited has been selected by Unilever in its journey towards achieving 100 per cent sustainability in the oral care segment.

Nifty has lost almost 80 points from the high of the day as India (MAY) Nikkei Markit Manufacturing PMI came in at an actual 50.8 vs 55.5 previous and estimates of 52.   

There are several stocks in NSE, which have not only outperformed the key benchmark indices but also, doubled investors’ wealth in May.

NOCIL has outperformed on bourses and is expected to outperform frontline indices, owing to its expansion plans along with ramp-up in capacity utilisation, robust volume growth on the back of a pick-up in demand of the tyre industry as well as expansion of margin with a focus on specialised rubber chemicals.  

Kirloskar Electric Company Ltd (KECL) surged nearly 53 per cent in just one month and has become the centre of attraction for investors.  

How often do you see the stock of M&M slipping by more than 4 per cent especially when Sensex is up by 1 per cent, making fresh life-highs for itself? One might assume that there must be something seriously wrong with the stock to behave in such a manner!

IRB Infrastructure: Udaipur BOT Project implemented by Udaipur Tollway Ltd (now a part of IRB Infrastructure Trust Private InvIT) has been issued a completion certificate by the competent authority.

Minda Industries gave a breakout during Monday’s trading session after crossing Rs 578 levels with heavy volumes.  

Nippon Life India Asset Management (NAM) was amongst the top mid-cap gainers during Monday’s trading session. The stock gained by more than 6 per cent on a closing basis even as Sensex was up by only 1 per cent.   

There are arguments in favour of both concentrated portfolios as well as diversified portfolios in terms of risks & rewards. Read onto find out more about which one is better.

PNB Housing Finance Limited today announced that its board has approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to Carlyle Group Inc.

The shares of Affle India jumped by around 3 per cent on Monday after the company reported a strong performance for Q4FY21.  

Marine Electricals (India) Limited, a company engaged in the provision of integrated electrical solutions, announced this morning that it has bagged orders worth Rs 40 crore in the last two months, i.e., in the months of April and May.  

Zydus Cadila announced of receiving final approval from USFDA for marketing market Fluphenazine Hydrochloride tablets in the strengths of 1 mg, 2.5 mg, 5 mg, and 10 mg.  

The market opened in green on May 31, 2021.

The market opened in green on May 31, 2021, overall volumes in futures & options currently stand at 2,40,13,277 contracts with a turnover of Rs. 22,88,107.33 crore.

The market opened in green on May 31, 2021, overall volumes in futures & options currently stand at 2,40,13,277 contracts with a turnover of Rs. 22,88,107.33 crore.

J Kumar Infraprojects Ltd has informed the bourses that it has received a letter of acceptance (LoA) from Mumbai Metropolitan Region Development Authority (MMRDA) worth Rs 1,307.88 crore.

On the options' front, massive open interest addition is seen at 15,400 Put option strike as today itself 15,400 Put option added over 30 lakh shares in the open interest. The 15,500 Put option has also seen more than 15 lakh shares in the open interest.

Wipro: As a part of the recently announced acquisition of Ensono by KKR, Wipro has sold its entire stake in Ensono Holdings, LLC for a consideration of US$ 76.24 million. Consequent to the sale, Wipro now does not hold any stake in Ensono Holdings, LLC. 

ROIC is a highly reliable and useful metric to consider when measuring investment quality. It is not readily available like other popular ratios, and it takes a bit of work, but once investors start figuring out ROIC, they can be better armed to pick out stocks with great value. 

Just as e-mail is one of the many useful applications of the internet and iPhones are counted among the popular smartphones; similarly, Ethereum & Bitcoin comes under the major applications supported by blockchain technology.  

The shares of a pharma company, Ipca Laboratories dived down by around 8 per cent, going against the market trend when Nifty touched a record high of 15,469.65, three months since the previous record high. Sensex was also seen trading close to its all-time high but remained shy.

Making a buzz in the last few minutes of Friday's trading session, the shares of Deepak Fertilisers & Petrochemicals took a big leap after the company announced its Q4FY21 results and also, approved a dividend for FY21. 

At the present valuations, we advise investors to invest in a combination of balanced advantage fund, Flexi-cap/large & mid-cap fund along with small allocations in sectoral as well as small-cap funds.

The last one year has been quite volatile as well as rewarding for equities. Read onto find out more about the equity MF categories that performed well in the last one year.

The key economic news impacting markets during the week.

The shares of Hester Biosciences were trading up by 8 per cent during Friday's morning session after the company announced that a memorandum of understanding (MoU) has been signed between Bharat Biotech International Limited and Gujarat COVID Vaccine Consortium (GCVC). 

The stock is trading near the level that was seen in the latter part of March 2021. The stock has also witnessed an addition of 9.12 per cent in the open interest.

Remember how a group of traders drove the price up of a stock named, GameStop on Wall Street amid short squeezes? If you’re unable to recall that incident, there’s nothing to worry about because history is repeating itself all over again. Metaphorically speaking, the plot of the movie is the same; only the protagonist has changed!  

Ashoka Buildcon Limited  has received a letter of acceptance from Fahi Dhiriulhun Corporation, a state-owned company of the Government of Maldives, for the project of design & construction of 2,000 social housing units in Hulhumale (Maldives).

In this article, Anuradha Ramachandran, Investment Director, Flourish Ventures, discussed how the truth of the old saying, 'necessity is the mother of invention' proved to be true in the efforts of many of the entrepreneurs, who are leading India’s FinTech sector during the COVID-19 crisis.

The market opened in green on May 28, 2021.

The market opened in green on May 28, 2021, overall volumes in futures & options currently stand at 9,29,87,249 contracts with a turnover of Rs. 87,62,791.57 crore.

The market opened in green on May 28, 2021, overall volumes in futures & options currently stand at 9,29,87,249 contracts with a turnover of Rs. 87,62,791.57 crore.

The global pharmaceutical company, Strides Pharma Science Limited and TLC, a clinical‐stage speciality pharmaceutical company announced on Thursday that Central Drugs Standard Control Organisation (CDSCO) of India has approved TLC’s new drug application (NDA) of Amphotericin B Liposome for injection 50 mg.  

In the previous session, which also was an expiry session on Thursday, markets witnessed huge volumes in select counters in the last 30 minutes of the trade. The huge volumes seen in select small-caps can be attributed to the changes made in MSCI India Domestic Small Cap Index.

Ramco Systems announced on Thursday that it will implement its aviation software, Ramco Aviation M&E MRO Software V5.8 at Iraq’s national carrier, an Iraqi Airways company.

Sun Pharma: The company reported net profit for Q4FY21 at Rs 894.15 crore, up by 124 per cent over Q4 last year. Sun Pharma has repaid debt of about US$ 580 million in FY21 compared to the debt as of March 31, 2020.

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

Thirumalai Chemicals Limited (TCL) has informed the bourses about its plans to execute a project to manufacture 1,80,000 tonnes per year of Phthalic Anhydride (PA) as well as 30,000 tonnes per year of fine & speciality chemicals, at its existing site at Dahej (Gujarat) in Western India, which would be implemented in two successive phases. 

All about the main components of the financial statements of an IT services company.

1 stock recommendation based on Street Talk (with 7 days horizon).

Review on 1 stocks recommended in past.

Sentiment Indicators.

Fundamental Analysis of 1 Stocks (with 180 days horizon).

Technical Analysis of 1 Stock (with 15 days horizon).

Editor's views on the capital markets, stock reviews and word on Dalal Street.

There is a general misconception that the AUM size of a mutual fund should be considered first before making an investment. Read this article to find out to what extent this is true. 

An innovation-driven pharmaceutical company, Zydus Cadila announced that its biological therapy, ZRC-3308 can prove effective in treating mild COVID 19.

Tata Consultancy Services (TCS) announced on Wednesday after the market hours that it has partnered with LACChain, an initiative led by IDB Lab, the innovation laboratory of the Inter-American Development Bank Group, to drive the development of a blockchain ecosystem across Latin America and the Caribbean (LAC).

In the futures segment, the top gainers are Mindtree, PNB and Petronet. On the other hand, the top losers are Berger Paints, Manappuram Finance and Cummins India.   

The market opened flat on May 27, 2021.

BPCL: The board of directors has recommended a final dividend of Rs 58 per equity share (including a one-time special dividend of Rs 35 per cent equity share). 

On Wednesday, Salasar Techno Engineering informed that it has received a letter of acceptance (LOA) from ITI Bangalore for constructing telecom towers at various locations in India.