TRADERSHUB 👑

Stocks To Watch
📊Jio Financial Services
SEBI has granted in-principle approval to the company and BlackRock Financial Management Inc to act as co-sponsors and set up the proposed mutual fund.
📊GAIL (India)
The company has signed an MoU with AM Green to jointly develop renewable energy projects of up to 2.5 GW and green chemical projects. The partnership focuses on the long-term supply of carbon dioxide (CO2) for eMethanol production and the exploration of hybrid renewable energy projects across India.
📊Lupin
The US FDA has issued five observations to the company's biotech facility in Pune following an inspection conducted between September 25 and October 4. The regulator completed a pre-approval inspection of this facility.
📊Antony Waste Handling Cell
The company's material subsidiary, AG Enviro Infra Projects, has secured a contract worth Rs 908 crore for door-to-door collection and transportation (C&T) of municipal solid waste from Navi Mumbai Municipal Corporation. The contract is for a duration of nine years.
📊Univa Foods
Sandhya Rani Koochana has resigned as Chief Financial Officer of the company with immediate effect due to personal reasons and preoccupation.
📊BLS International Services
The company has completed the acquisition of a 100% stake in Citizenship Invest, a Dubai-based firm specializing in fast-track investor programs for residency and citizenship across more than 15 countries, for $31 million (Rs 260 crore).
📊One 97 Communications (Paytm)
Manmeet Singh Dhody has stepped down as Chief Technology Officer - Payments, effective October 4, and has transitioned to a new role as an AI Fellow at the company. The board has approved the appointment of Deependra Singh Rathore as Chief Technology Officer - Payments, effective October 4. Previously, Deependra Singh Rathore served as Senior Vice President - Technology at Paytm.
📊Gravita India
The board has approved raising up to Rs 1,000 crore through the issuance of equity shares. Additionally, the board has appointed Sunil Kansal as Whole Time Director, effective October 4, re-designated Rajat Agrawal as Chairman and Managing Director, and accepted the resignation of Mahavir Prasad Agarwal as Chairman and Whole Time Director, effective October 5.
📊Reliance Chemotex Industries
Vinay Srivastav has resigned from his position as President of the company, effective October 4.
📊Mahanagar Telephone Nigam (MTNL)
The State Bank of India has downgraded MTNL's term loan account to a non-performing asset (NPA) as of September 28, due to non-payment of interest and installments. The total outstanding amount is over Rs 325.52 crore as of September 30, with an overdue amount of Rs 281.62 crore.
📊Bank of Maharashtra
The public sector lender has closed its Qualified Institutions Placement (QIP) issue on October 4. The board has approved the allotment of 61.01 crore equity shares to eligible qualified institutional buyers (including LIC, ICICI Prudential Life Insurance Company, and Aditya Birla Sun Life Insurance) at a price of Rs 57.36 per share, amounting to Rs 3,500 crore.
📊CG Power & Industrial Solutions
The company has signed an Asset Purchase Agreement with Renesas Electronics Corporation to acquire its radio frequency components business for $36 million, marking its entry into semiconductor design.
📊RKEC Projects
The company has received a work order worth Rs 186.7 crore from the Maharashtra Maritime Board.
📊Apollo Tyres
Life Insurance Corporation of India has increased its stake in the tyre company from 4.983% to 5.030%. LIC acquired 3 lakh shares, or a 0.047% stake, in Apollo Tyres through open market transactions on October 3.
📊Akzo Nobel India
Netherlands-based parent company Akzo Nobel NV has decided to conduct a strategic review of its portfolio to redeploy capital towards growing its core coatings businesses. The initial focus will be on its decorative paints positions in South Asia. The portfolio review will explore various strategic options, ranging from partnerships or joint ventures to mergers or divestments.

📈Market Today

📊SBI Card: The company to consider raising up to Rs 9,000 crore via NCDS.

📊BPCL: The company approved Rs 1,138 crore capex for pipeline expansion projects.

📊Patanajali Foods: Patanjali Ayurved, Patanjali Parivahan to sell up to 1.1 crore shares in Patanjali Foods at Rs 1,815 per share, indicating a 6% discount to the current market price.

📊HG Infra Engineering: The company received an order worth Rs 716 crore from Central Railway.

📊 HPL Electric: The company received an order worth Rs 144 crore for the supply of smart meters and conventional meters.

📊ONGC: ONGC Petro has allotted shares worth Rs 6,107 crore to the company. The company's shareholding in OPaL increased to 91.2% from 81.3%.

📊IRCTC: LIC increases stake in IRCTC to 9.3% from 7.3% over two years.

📊Panacea Biotech: US DFC committed a $20 million loan to the company for expansion.

📊Tata Power: Tata Power Renewable Energy and Tata Motors sign a MoU for 200 fast-charging stations for electric commercial vehicles.

📊Intellect Design: The company introduced eMACH.ai for Sri Lanka Financial Landscape.

📊Route Mobile: The company's non- retail portion of OFS received demand of 1.38 times.

📊BPCL: The company approved JV Pact with Sembcorp Green Hydrogen for renewable energy, green hydrogen and approved JV Pact with GPS Renewables for compressed biogas.

📊BLS International: The company acquired UAE-based citizenship for

📊BLS International: The company acquired UAE-based citizenship for $31 million (Rs 260 crore) via arm.

📊 HCL Tech: The company completed acquisition of France-based Zeena for EUR 23.9 million software company.

📊SBI: S&P Global affirms credit rating at 'BBB-', to company while outlook remains positive.

📊Zee Entertainment: NCLT approved the settlement pact with Sony India.

📊CESC: The company incorporated a wholly owned subsidiary, Redgaint Renewable Power Energy.

📊Power Grid: The company gets a letter of interest for an interstate transmission system in Gujarat.

📱 Market Update for 3/9/24

📊BAJAJ housing Finance IPO - Shareholder Category Cap of 2,00,000 Confirmed✌️

Issue Dates : 9 - 11 September

Price Band : 66 - 70 ₹ || Lot Size : 214 Shares

Retail Application Amount : 14,980 ₹ (GMP : 55)
📊STOCK: TILAKNAGAR INDS
CMP : 282.80

Tilaknagar Inds at 282 is showing strong volumes and looks set for a breakout. A potential opportunity to watch!

Disclaimer: No buy/sell reco .
DYOR.
📊 Breakout Stock Candidate!🚀

📊Breakout Stock Candidate!🚀
1-PFIZER
2-KALYANKJIL
3-UTIAMC
4-BAJFINANCE
5-CHOLAFIN
6-PPLPHARMA
7-INDRAMEDCO

📊Breakout Soon Candidates!
1-MFSL
2-SENCO
3-PIIND

📊Reversal Candidates!
1-MOTILALOFS
2-GRINFRA
3-LAXMIMACH
4-ADANIENSOL
5-IMAGICAA

📊 Market Update

👉Brokerage Radar | Jefferies on IT Sector: Nifty IT has outperformed Nifty in CY23/YTDCY24 by 4%/2% despite EPS cuts, due to P/E re-rating

👉MAX ESTATES: CO SECURES NOIDA APPROVAL FOR "DELHI ONE" COMMERCIAL PROJECT, PROCEEDS WITH NCLAT RATIFICATION FOR RESOLUTION PLAN IMPLEMENTATION

👉PTC INDUSTRIES: CO ACQUIRES HOT ROLLING MILL TO BOOST MANUFACTURING OF TITANIUM ALLOY PLATES AND SHEETS FOR AEROSPACE AND DEFENCE APPLICATIONS

👉NYKAA is back in the spotlight!🌟

After 96 weeks, big breakout with a bullish candle & massive volume. Eyes on the retest of ₹200-210!

Entry - 210
SL - 180
Target - 315/415
R:R - 3.5x/7x

👉MOTHERSON gearing up for its next leg up🚀

Flag breakout confirmed with solid volume and a +ve MA crossover. This could be a game-changer.

Entry - 197
SL - 189
Target - 277
R:R - 10x

👉HCLTech 🖥️
1. Up trend continuation
2. Breakout of multiple time tested resistance
3. Resistance is expected to act as support
4. Price above all key EMAs
👉StockToWatch
JSWSTEEL 941  
SUVEN 150  
MOTHERSON 197
ALBERTDAVD 1448

📢Disclaimer - Not a Buy/Sell Recommendation.

👉Disney+ Hotstar content may merge into JioCinema after RIL-Disney deal to create India's largest streaming service

Reliance Industries Limited (RIL) is considering merging Disney+ Hotstar content into JioCinema. This move could create a single, stronger streaming platform in India, pending regulatory approvals.

Currently, Disney+ Hotstar, owned by Walt Disney’s Star India, is one of India’s most popular streaming services, with over 500 million downloads on the Google Play Store.

In comparison, JioCinema, under Viacom18 (a company controlled by RIL), has over 100 million downloads.

🔼3 IPOs Closing Tomorrow, 2 SME & 1 Mainboard

1• Forcas Studio (SME)
2• Brace Port Logistics (SME)
3• Interarch Building Products (MB)

All 3 IPOs Expected to List at Decent Premium
📈MATRIMONY
Strong break out stock
Entry level 735
Targets 900,1100,1300++++
SL 700
NOTE
THIS IS ONLY EDUCATIONAL PURPOSE
🕯BSOFT

600 to 637+

6% UP Yesterday 🐎🐎
👀OAL
Strong break out above 565
Targets 650,750,900++
SL 535
NOTE
THIS IS ONLY EDUCATIONAL PURPOSE

⏱Trade set up of the day. 🙏🙏
Nifty Spot (24541.15)
Trend Bullish🐃🐃
Support at 24380 Resistance at 25120.
Bank Nifty Spot (50516.90)
Trend Neutral
Support at 50200 Resistance at 51300

🔼⏩Global Market Update

↪️Dow Futures 👉 Positive 🔥
↪️Nasdaq Future 👉 positive 🔥

↪️#GIFTNIFTY 👉 +86 Points 🔥

☄️Master trust ltd

⚡Market Cap : ₹ 2,000 Cr.
⚡Current Price ; ₹ 919
⚡Stock P/E : 16.2
⚡ROCE : 32.9 %
⚡ROE : 24.9 %
⚡Qtr Profit Var : 81.0 %
⚡Qtr Sales Var : 73.5 %
⚡OPM ; 40.2 %
⚡OPM 5Year : 34.6 %

🔼Genus Power has received a huge order worth 2925 CR for the supply of advanced smart meters.

FY24 Revenue - 1353 CR
Order Value - 2925 CR

📈SAMVARDHANA MOTHERSON: CO COMPLETES ACQUISITION OF 34% STAKE IN MOTHERSON AUTO SOLUTIONS

👉CDSL Bonus Update:

CDSL has approved 1:1 bonus
Record date: 24 August 2024

For tax purpose, cost of Bonus Shares will be counted as ZERO.

👉ICICI BANK
➡ Following trendline demand zone
➡ Breakout possible above 1195
➡ Strong support near 1100
➡ Keep an eye

🔼PFC
➡ Bounce seen from demand zone
➡ Strong support near 475
➡ Targets - 550/580+
➡ Keep on radar

👉Polyplex corporation

👉CMP -1294
👉Falling wedge Breakout + Retest
👉Strong volume accumulation
👉Technical looks good for targets in medium term

☄️PRAKASH PIPES - 570

Expected levels 612 - 662

👉 It’s Not Buy Sell Recommendation ⚠️

👉📊ICICI securities ☑️
Breakout candidates
✍️clean and clear breakout from box and sustained
✍️cmp 805 expected target 904
✍️good company with best financial
✍️not a buy sell call
📞

📊 Market Update

📈A BLOCKBUSTER Q1FY25 RESULT HAS BEEN REPORTED BY SRESHTHA FINVEST 🔥🔥🔥

HIGHEST EVER QUARTERLY NET PROFIT REPORTED
MASSIVE JUMP EARNINGS

Q1FY25 Net Profit Of 31 CR
VS
Q4FY24 Net Profit Of 5 CR
VS
Q1FY24 Net Profit Of 0.01 CR

Valuation wise undervalued at a forward PE of just 1.4

🔼HINDUSTAN ZINC: CO TO CONSIDER SECOND INTERIM DIVIDEND ON AUG 20

☄️JNK INDIA: CO RECEIVED A LARGE ORDER FROM HINDUSTAN PETROLEUM || CO SAYS ORDER WORTH BETWEEN 500M RUPEES TO 1.5B RUPEES

👉 focus on logistics sector also

1. SJ logistics
2. Avg Logistics
3. Kaushlya logistics

📌This is some microcap stocks keep watch on them

And also see how much blue dart gives returns over 20 years ⬇️

Blue dart - 100 To 8000+
Tci - 2 to 1000+

📈Leading Travel booking platform EaseMyTrip profit rises 31% to Rs 33.93 crore in April-June.

Known for taking Pro India stand, EaseMyTrip to also hire 500 Employees under Internship scheme announced In Budget 2024.

The company's total income increased to Rs 156.22 crore in the April-June period, from Rs 126.64 crore a year ago.

📱Prakash Pipe : 549-530
upside levels ⬆️ : 650/850/1000+

Note : In premium group it was covered at 478-465 ; up by 24% so far 🔥

👀 Polyplex 1184

- Prior downtrend
- Reverse with double bottom reversal pattern
- Rising with high vol
- Price moved above key EMAs
- Price moved 62% from bottom(Strength)
- Breakout at 1140

☄️Name:-  ITDCEMENTATION
Accumulation Zone:-550 TO 570
Decumulation Price:-810
Observation Period (Months):- 3
Caution Price:-Below 530
Yield (3 Months):-42.11%
ONLY FOR EDUCATIONAL PURPOSE

⏱ Market Preparation

📈BUY ON DIP STOCKS -


1) Adani Wilmar

2) BSE

3) PFC

4) Suryoday Small Finance Bank

5) PNB

6) Bandhan Bank

7) Scan Steels

8) Chambal Fertilisers

9) Shakti Pumps

10) Motilal Oswal Financial Services

11) Venkeys

📊ASTRAL CHART LOOKS GOOD  ✅

CMP - 1903

DIS - NOT BUY SELL RECO ✅

📈AVANTIFEED (M)
- Strong Breakout Candidate
- Round Bottom Structure
- Big Accumulation Base
- Strong Bullish Momentum
- Massive Volume Buildup
- Trading 52 weeks’ High
- Looks ready for 870/980+
- TF ≈ 3-4 months

🔼First Cry Expected Listing Price 525 ₹ against the Issue Price of 465/-

📈Some Unnoticed Microcaps Which Have Reported A Very Strong Q1FY25 Result With Massive Growth In Earnings Both QOQ & YOY, And Which Are Extremely Undervalued Valuation Wise 🔥

1) BSEL ALGO
2) COMFORT COMMOTRADE
3) JMJ FINTECH
4) BFL ASSET FINVEST

📊HUDCO reports #Q1Results 👇

👉Net profit up 25.2% at ₹557.8 cr vs ₹445.7 cr (YoY)

👉NII up 11.2% at ₹724.7 cr vs ₹651.6 cr (YoY)

👉Vodafone Idea reports #Q1Results 👇

👉Net loss at ₹6,432.1 cr vs loss of ₹7,675 cr (QoQ)

👉Revenue down 0.9% at ₹10,508.3 cr vs ₹10,606.8 cr (QoQ)

👉EBITDA down 3% at ₹4,204.7 cr vs ₹4,335.8 cr (QoQ)

👉Margin at 40% vs 40.1% (QoQ)

👉ARPU at ₹146 vs ₹146 QoQ & vs ₹139 YoY

🔥Flows in Cash Market on 12 th August 2024 👇

👎 FII net sold ₹4681 cr
👍 DII net bought ₹4478 cr

☄️Few companies with
Good Dividend yield

Approx Yield %

1: Nirlon 6%
2: Coal India 5.25%
3: Power Grid: 3.9%
4: NMDC l: 3.7%
5: VST Ind: 3.5%
6: HCL Tech: 3.2%
7: Gujarat pipavav: 3.1%
8: Heidelberg: 3.1%
9: Swaraj Engine: 3.1%
10: OFSS: 2.5%

STATE BANK OF INDIA: INDIA GOVERNMENT APPOINTS CS SETTY AS CHAIRMAN OF STATE BANK OF INDIA || CS SETTY APPOINTED AS CHAIRMAN OF STATE BANK OF INDIA FOR A PERIOD OF THREE YEARS STARTING ON OR AFTER AUG. 28, 2024 - DOCUMENT

STATE BANK OF INDIA: INDIA GOVERNMENT APPOINTS RANA ASHUTOSH KUMAR SINGH AS MANAGING DIRECTOR OF STATE BANK OF INDIA - DOCUMENT

🎯 Top #Stocks to Watch Today by Sector

1️⃣ Defence Sector
📌 HAL
📌 BEL
📌 BDL

2️⃣ Fertilizer Sector
📌 Rcf
📌 Chambal
📌 Fact

3️⃣ PSE sector
📌 PFC
📌 Rec
📌 Bhel

4️⃣ PSU Bank
📌 Sbin
📌 Canbk
📌 UCO Bank

5️⃣ Infra & Reality Sector
📌 L&T
📌 Dlf
📌 Oberoi

📈Stocks To Watch:-

🔥Oil India
The oil & gas company has signed a new long-term definitive agreement with its subsidiary Numaligarh Refinery for the transportation of additional petroleum products through its Numaligarh-Siliguri Product Pipeline (NSPL) following the commissioning of Numaligarh refinery expansion project.
🔥Adani Energy Solutions
The company said the meeting of the board of directors will be held on May 27 to consider raising of funds via private placement, qualified institutions placement, preferential issue, or any other method.
🔥Allcargo Logistics
Subsidiary ECU Worldwide N V has acquired the remaining 25% stake in Fair Trade GmbH Schiffahrt, Handel und Logistik for 2.9 million euros. With this acquisition, ECU Worldwide N V now holds 100% stake in Fair Trade, having previously acquired 75% stake in November 2022.
🔥Go Digit General Insurance
The insurance company will list its equity shares on the bourses on May 23. The issue price has been fixed at Rs 272 per share.
🔥Quest Laboratories
The trading in equity shares of the company will commence on the NSE Emerge from May 23. The issue price has been set at Rs 97 per share. Its equity shares will be available for trading in the trade-for-trade surveillance segment.
🔥Apollo Tyres
Foreign portfolio investor White Iris Investment exited Apollo Tyres by selling its entire shareholding of 2,24,74,903 equity shares (equivalent to 3.54 percent of paid-up equity) at an average price of Rs 477.35 per share via open market transactions, amounting to Rs 1,072.8 crore. However, Morgan Stanley Asia Singapore Pte, and ICICI Prudential Mutual Fund bought 82,03,897 equity shares (1.3 percent of paid-up equity) at same price, valued at Rs 391.6 crore.
🔥Aarti Pharmalabs
Quant Mutual Fund has bought 10.51 lakh equity shares (equivalent to 1.16 percent of paid-up equity) in Aarti Pharmalabs at an average price of Rs 575.83 per share. However, foreign portfolio investor Baron Emerging Markets Fund sold 8,61,792 equity shares at an average price of Rs 573 per share, valued at Rs 49.38 crore.
🔥Granules India
Axis Mutual Fund and Massachusetts Institute of Technology acquired 51.19 lakh equity shares (equivalent to 2.1% of paid-up equity) in Granules at an average price of Rs 405.1 per share. Conversely, promoter Krishna Prasad Chigurupati sold 75 lakh shares (3.09% stake) in Granules at an average price of Rs 405.08 per share

📈Stocks To Watch

🔤Indoco Remedies
The pharma company has received final approval from the US Food and Drug Administration (US FDA) for Abbreviated New Drug Application (ANDA) for Pregabalin capsules. This approval pertains to a generic equivalent of the Reference Listed Drug, Lyrica capsules, of Upjohn US 2 LLC. Pregabalin is used for neuropathic pain associated with diabetic peripheral neuropathy and spinal cord injury, postherpetic neuralgia, and fibromyalgia.
🔤Apollo Tyres
Warburg Pincus's arm is likely to sell a 3.5% stake in Apollo Tyres for Rs 1,040 crore. White Iris Investment, a subsidiary of Warburg Pincus, will conduct the sale on May 22 through a block deal, aiming to raise Rs 1,040 crore. The deal size is 2.24 crore shares, reports CNBC Awaaz quoting sources.
🔤PNC Infratech
The company has been declared as the lowest bidder for two EPC road projects of MSRDC (Maharashtra State Road Development Corporation), with a quoted price of Rs 4,994 crore.
🔤GR Infraprojects
The company has emerged as the L1 bidder for two road projects worth Rs 4,346.14 crore of Maharashtra State Road Development Corporation.
🔤Biocon
Company's subsidiary, Biocon Biologics, has obtained approval from the US Food and Drug Administration (US FDA) for the first-to-file application for Yesafili, an interchangeable biosimilar aflibercept. Yesafili, a vascular endothelial growth factor (VEGF) inhibitor, is utilized in the treatment of various ophthalmology conditions.
🔤United Spirits
The Water Resources Department has issued a notice to United Spirits, demanding payment of water charge arrears totaling Rs 345.45 crore for the period spanning from November 2018 to April 2024 in Nanded, Maharashtra. The notice, issued under section 49(j) of the Maharashtra Irrigation Act, 1976, mandates payment within 7 days of receipt to avoid stoppage of water supply.
🔤Indian Emulsifiers
The trading in company's equity shares will commence on the NSE Emerge with effect from May 22. The issue price has been fixed at Rs 132 per share. Its equity shares will be available for trading in the trade-for-trade surveillance segment.
🔤Protean eGov Technologies
HDFC Bank has exited Protean eGov Technologies by selling its entire shareholding of 12,94,326 equity shares at an average price of Rs 1,160.15 per share via open market transactions, amounting to Rs 150.16 crore. Nippon India Mutual Fund A/C - Nippon India Small Cap Fund purchased 12,78,312 equity shares (3.16% of paid-up equity) at an average price of Rs 1,160 per share, totaling Rs 148 crore.

🔤 Aptus Value Housing Finance India
East Bridge Capital Master Fund I and SBI Mutual Fund bought 2,25,50,721 equity shares in the housing finance company (equivalent to 4.8% of paid-up equity) at an average price of Rs 294 per share, valuing at Rs 662.99 crore. Promoter Westbridge Crossover Fund LLC sold 2,47,73,019 equity shares in Aptus at an average price of Rs 294.15 per share. Additionally, another promoter, JIH II LLC, exited the company by selling its entire shareholding of 1,01,53,093 equity shares at an average price of Rs 294.73 per share.

📈 STOCK TO WATCH

🕯Ujjivan Small Finance Bank Q4 (YoY)
Profit up 6.5% at Rs 329.6 crore
Net interest Income grows 26.4% to Rs 933.5 crore
Gross NPA rises to 2.23% Vs 2.18% (QoQ)
Net NPA increases to 0.28% Vs 0.17% (QoQ)
🔼Trident Q4 (Consolidated YoY)
Profit tanks 55% at Rs 59 crore Vs Rs 130.7 crore
Revenue grows 7% to Rs 1,682.3 crore Vs Rs 1,573.3 crore
📈Anupam Rasayan Q4 (Consolidated YoY)
Profit declines 45.5% to Rs 30.9 crore Vs Rs 56.7 crore
Revenue falls 16.4% to Rs 401 crore Vs Rs 480 crore
📊Steel Authority of India Q4 (Consolidated YoY)
Profit drops 2.9% to Rs 1,126 crore Vs Rs 1,159.2 crore
Revenue declines 4% to Rs 27,958.5 crore Vs Rs 29,130.66 crore
Exceptional loss at Rs 502.34 crore Vs loss at Rs 40.42 crore
👀India Cements Q4 (Standalone YoY)
Net loss narrows to Rs 29.3 crore Vs loss of Rs 217.8 crore
Revenue drops 14.7% to Rs 1,245.4 crore Vs Rs 1,460.5 crore
🔼ONGC Q4 (Consolidated QoQ)
Profit grows 3.8% to Rs 11,526.5 crore Vs Rs 11,104.5 crore
Revenue up 0.7% at Rs 1,66,770.6 crore Vs Rs 1,65,569 crore
Final dividend at Rs 2.50 per share
🔥Oil India Q4 (Consolidated QoQ)
Profit falls 10.5% to Rs 2,333 crore Vs Rs 2,607.7 crore
Revenue slips 4.9% to Rs 9,147 crore Vs Rs 9,614.3 crore
Bonus issue at 1:2
☄️Bharat Electronics Q4 (Consolidated YoY)
Profit grows 30% to Rs 1,796.7 crore Vs Rs 1,382 crore
Revenue increases 32.2% to Rs 8,564 crore Vs Rs 6,479.1 crore
Other income surges 241% to Rs 225.4 crore Vs Rs 66.2 crore
📊Indian Railway Finance Corporation Q4 (YoY)
Profit jumps 33.6% to Rs 1,717.3 crore Vs Rs 1,285.2 crore
Revenue up 4.5% at Rs 6,473.1 crore Vs Rs 6,193.6 crore
🕯Shankara Building Products Q4 (YoY)
Profit rises 27% to Rs 24 crore Vs Rs 19 crore
Revenue increases 14% to Rs 1,377 crore Vs Rs 1,210 crore
EBITDA jumps 24% to Rs 45 crore Vs Rs 37 crore
🔼Rail Vikas Nigam
The state-run railway company has received a Letter of Acceptance for a project worth Rs 148.3 crore from SER HQELECTRICAL/South Eastern Railway. It will undertake the design, supply, erection, testing, and commissioning for the upgradation of the electric traction system in the Kharagpur division of South Eastern Railway to meet the 3000 MT loading target

🇮🇳 on the #NSE, #Block of 737691 shares at Rs. 640 worth 47.21 crore rupees at  9:39 AM

   🇮🇳 on the #NSE, #Block of 2117734 shares at Rs. 235 worth 49.77 crore rupees at  9:33 AM

   🇮🇳 on the #NSE, #Block of 76469 shares at Rs. 1667 worth 12.75 crore rupees at  9:31 AM

🇮🇳 on the #NSE, #Block of 5175610 shares at Rs. 23.05 worth 11.93 crore rupees at  9:29 AM

🕯📈 Stock In News Today

🔥 LIC Housing Finance (Consolidated, YoY)
NII up 12.4% to Rs 2,237.6 crore
Net profit down 7.6% to Rs 1,090.8 crore
Tax costs up 46% to Rs 385.4 crore
Board recommended dividend of Rs 9 per share
Note: Impairment on financial instruments rose to Rs 427.9 crore
📈Jindal Stainless (Consolidated, YoY)
Revenue down 3.2% to Rs 9,454 crore; Net profit down 34.6% to Rs 500.7 crore; EBITDA down 9.5% to Rs 1,035.2 crore; Board recommended dividend of Rs 2 per share
🔼Mankind Pharma (Consolidated, YoY)
Revenue up 13.3% to Rs 121.3 crore; Net profit up 9.4% to Rs 96.7 crore; Board approved raising Rs 7,500 crore via QIP
👀 Mankind Pharma (Consolidated, YoY)
Revenue up 13.3% to Rs 121.3 crore; Net profit up 9.4% to Rs 96.7 crore; Board approved raising Rs 7,500 crore via QIP
☄️Indian Energy Exchange (Consolidated, YoY)
Revenue up 19% to Rs 2,441 crore; Net profit up 62% to Rs 477 crore; Board approved final dividend of Rs 1.50 per share
🔼CMS Info Systems (Consolidated, YoY)
Revenue up 25% to Rs 627 crore; Net profit up 14.4% to Rs 91.4 crore; Board recommended final dividend of Rs 3.25 per share
☄️MOIL (Consolidated, YoY)
Revenue down 2.8% to Rs 415.9 crore ; Net profit up 12.6% to Rs 91.1 crore
🔄NLC India (Consolidated, YoY)
Revenue up 31% to Rs 3,540.6 crore; Net profit down 86.2% to Rs 114.2 crore; Board recommended final dividend of Rs 1.5 per share
🔥NCC (Consolidated, YoY)
Revenue up 31% to Rs 6,485 crore; Net profit up 25.3% to Rs 239.2 crore
🕯Honeywell Automation (Consolidated, YoY)
Revenue up 12% to Rs 950.7 crore; Net profit up 32.3% to Rs 148.2 crore
🔼Mahindra and Mahindra
NCLT approved the scheme of merger by absorption of Mahindra Heavy Engines, Mahindra Two Wheelers & Trringo with M&M.
👀Quick Heal Technologies
The company partnered with Europe-based EET Group for cybersecurity solutions
⏱Aadhar Housing Finance
Akash Bhanshali and Blue Daimond Properties picked Rs 142.65 crore worth of shares in the company.

📊🕯Looking Good For Short Terms:-

Sun TV Network: Buy | LTP: Rs 656.80 | Stop-Loss: Rs 602 | Target: Rs 785 | Return: 20 percent
Despite overall market downturn, Sun TV Network demonstrates notable resilience, displaying a strong trend. Weekly price analysis indicates a robust structure, breaking out of a flag & pole pattern with increasing volume participation.
On the daily chart, rapid retracement is evident, with a six-day decline swiftly retraced in just two days, accompanied by significant volume surge, reflecting a sturdy price foundation.
MACD (moving average convergence divergence) analysis further supports the bullish sentiment, with a weekly bullish crossover and sustained positivity across all timeframes, signaling a strengthening positive momentum.

Godfrey Phillips India: Buy | LTP: Rs 3,448.75 | Stop-Loss: Rs 3,183 | Target: Rs 4,082 | Return: 18 percent
Godfrey Phillips price structure displays resilience, with a clear uptrend following a prolonged consolidation phase from the year 2015 to 2022. Consistent formation of higher highs and higher lows indicates a positive trajectory.
On a daily scale, the stock demonstrates notable relative strength compared to the broader market. Mean reversion dynamics are evident, with reliable bounces from key moving averages like the 13-week and 50-week exponential moving averages (EMA), reinforcing the positive trend.
The ADX (average directional index) study further validates the breakout's strength, with ADX rising alongside price movements and exceeding 50. Additionally, the positive directional indicator (+DI) surpasses 25, indicating robust bullish momentum.

Tata Motors: Buy | LTP: Rs 1,030.3 | Stop-Loss: Rs 950 | Target: Rs 1,215 | Return: 18 percent
Despite market volatility, Tata Motors maintained a robust upward trajectory since April 2023, nearing its all-time high. It has successfully held key support levels throughout.
A volatility contraction pattern has emerged on the daily charts, suggesting a potential breakout that could fuel further momentum.
On a weekly basis, the stock comfortably resides above critical averages such as the 13-week and 26-week EMA, signaling a positive trend. Stochastic analysis indicates an uptrend, signaling a pickup in momentum.

👀STOCK IN NEWS

Bharat Petroleum Corporation Limited: The company reported on May 9 a consolidated net profit of Rs 4,789.57 crore in Q4 FY24, a decline of 30 percent YoY. BPCL's revenue from operations declined marginally to Rs 1.32 lakh crore in the same period. The company's board recommended the issue of bonus shares in the ratio of 1:1.

Suryoday Small Finance Bank: The bank reported a 56.3 percent YoY increase in net profit at Rs 60.8 crore in Q4 FY24. The gross non-performing assets (GNPA) stood at 2.94 percent in the March quarter against 3.06 percent in the December quarter. Provisions stood at Rs 48.2 crore against Rs 37.9 crore QoQ and Rs 51.5 crore YoY. The bank's provision coverage ratio during the quarter was 71.2 percent.

Solara Active Pharma Sciences: The company approved a rights issue to raise Rs 449.95 crore. The rights shares are priced at Rs 375 per equity share, which includes a premium of Rs 365 per equity share, the company said in a regulatory filing. The issue is scheduled to open on May 28, 2024, and will close on June 11, 2024.

Abott India: The company reported a 24 percent YoY growth in net profit at Rs 287 crore in Q4 FY24. The company's revenue increased 7 percent to Rs 1,439 crore from Rs 1,343 crore in the year-ago period. Abott India's board recommended the payment of a final dividend of Rs 410 per equity share of Rs 10 each for the year ended March 31, 2024, subject to shareholders' approval.

ADF Foods: ADF Foods' revenue from operations was Rs 153 crore in Q4 FY24 as compared to Rs 123 crore in the same quarter of the previous year. Profit after tax increased to Rs 25 crore in Q4 FY24 as compared to Rs 16 crore in the same quarter the previous year.