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Son Güncelleme 01.03.2025 00:22

Understanding the Importance of Market Updates and Research Calls in Trading

In the volatile world of financial trading, staying updated with market trends is crucial for investors and traders alike. Daily market updates, intraday insights, derivative suggestions, and research calls serve as essential tools for making informed decisions. Institutions like Nirmal Bang Official provide these updates to their users for free, emphasizing the value of timely information in achieving trading success. Not only do these updates inform traders about current market conditions, but they also offer insights that can dictate future performance. The ability to access accurate data, analysis, and expert opinions can greatly enhance trading strategies and help mitigate risks. In this article, we will explore why staying informed through regular market updates and research calls is vital for anyone involved in trading, whether you are a novice or a seasoned investor.

What are daily market updates and why are they important?

Daily market updates are reports that provide traders and investors with key insights regarding market performance, stock price movements, and economic indicators. These updates are integral to a trader’s decision-making process as they give a snapshot of how the market is performing on any given day. They can highlight significant market trends, important price levels to watch, and any emerging news that may impact trading strategies.

Understanding market updates can help investors make informed decisions, whether they choose to buy, sell, or hold their investments. By keeping track of daily changes, traders can respond swiftly to market fluctuations, which can lead to profitable trading opportunities or minimize potential losses.

What are research calls, and how do they benefit traders?

Research calls are recommendations made by financial analysts regarding specific stocks or market segments. These calls are often based on in-depth analysis and research concerning company performance, industry trends, and economic factors. For traders, following these recommendations can offer them a strategic advantage, especially when trying to decide on the right entry or exit points.

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How can intraday trading benefit from timely market insights?

Intraday trading, which involves buying and selling assets within the same trading day, can be particularly sensitive to market movements. Timely market insights can help intraday traders capitalize on short-term fluctuations in stock prices. Real-time updates about market activity allow traders to quickly identify buying and selling opportunities as they arise.

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What are derivatives, and why is knowledge about them important for traders?

Derivatives are financial contracts whose value is derived from an underlying asset, such as stocks, bonds, or commodities. They are often used for hedging against risks or for speculation. For traders, understanding derivatives is crucial because they can amplify gains or losses significantly due to their leverage features.

Knowledge of derivatives also allows traders to diversify their portfolios and manage risks more effectively. By utilizing derivatives, traders can hedge against adverse price movements in the assets they hold, thus minimizing potential losses and maximizing profit opportunities.

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Securities in Ban For Trade Date 17-FEB-2025 : F&O Segment
 
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15 Feb, 06:00
865
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*Sanghvi Movers Q3FY25 Concall Update*

_*Order book and execution continue to decline; although upgradation of capex guidance improves growth visibility for FY26*_

*# Increase in competition, slowdown in govt spending and delay in project offtake continued to impact performance of the crane rental business*
*# We expect 14% decline in crane rental revenue in FY25 (implying decline of 6% in Q4 revenue as well)*
*# Capex guidance upgraded from Rs. 160-170 Cr to Rs. 264 Cr for FY25 – a positive*

*Outlook: Neutral in near term; Positive in long term*

• Core crane revenue was at Rs. 114 Cr vs QoQ Rs. 126 Cr (monsoon qtr) & YoY Rs. 152 Cr
• CU (capacity utilisation) declined to 70% vs QoQ 68% & YoY 87%
• Yields declined to 1.97% (vs QoQ 2.15% & YoY 2.26%).
• There are certain systemic issues causing disruption and therefore there is a delay in on-ground execution of project beyond monsoon period.
• Installation of wind turbines in India in Q3 was at 800 MW up 45% YoY. Despite of this, co has been unable to show execution.
• Core crane order book is at Rs. 421 Cr, a decline of 30% YoY.
• After reducing the capex guidance for 4 consecutive times, the management has now upgraded it from Rs. 160-170 Cr to Rs. 264 Cr for FY25.
• In Q4FY25 co will carry out capex of Rs. 150 Cr backed by firm orders from customers which are executable over next 1 year.
• Co is expecting improvement in capacity utilisation going forward as the industry scenario shall improve after sluggish 9MFY25.
• Yields are expected to remain at 2.0% levels.
• Sanghvi is the 4th largest crane rental co in world and largest in Asia. Co shall start this business in GCC/MENA region. It is aiming to reach top 5 players in this region by having a market share of 12-15%.
• Life of crawler crane is 35-40 years while that of tyre mounted crane is 25-30 years. However as per accounting standard, co has to depreciate <100 ton crane in 15 years and >100 ton crane in 20 years.
• Co expects EPC sales of Rs. 250 Cr in FY25 and expects the order book to further grow in coming quarters.
• EPC margin had some one off component in current qtr and will settle between 10-12%.
• In project EPC segment, co is into hydrocarbon space such as underground piping, ducting, structures, erection, fabrication and civil works. Typical clients are Toyo, Haldia Petchem, CPCL, BPCL, etc.
• Debtor days are between 45-90 days in EPC.
• Competition in wind EPC is mainly from unorganised sector.
• In an EPC contract, co books crane usage in crane segment itself.
• Co is exploring further growth opportunities in consultation with Bain & Co.

On FY26 ests., stock is trading at EV/EBITDA of 6.8x & P/E of 12.6x.

*Camlin Fine Sciences Ltd.* | *CMP* Rs. 136 | *M Cap* Rs. 2281 Cr | *52 W H/L* 146/78
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 433.5 Cr (2.5% QoQ, 12.3% YoY) vs expectation of Rs. 395.8 Cr, QoQ Rs. 423 Cr, YoY Rs. 385.9 Cr
EBIDTA came at Rs. 48.8 Cr (12.8% QoQ, 109.2% YoY) vs expectation of Rs. 37.3 Cr, QoQ Rs. 43.2 Cr, YoY Rs. 23.3 Cr
EBITDA Margin came at 11.3% vs expectation of 9.4%, QoQ 10.2%, YoY 6%
Adj. PAT came at Rs. -4.1 Cr vs expectation of Rs. -1.1 Cr, QoQ Rs. 50.8 Cr, YoY Rs. -11.8 Cr
Quarter EPS is Rs. -0.2
Stock is trading at P/E of 27.1x FY26E EPS

*Glenmark Pharmaceuticals Ltd.* | *CMP* Rs. 1321 | *M Cap* Rs. 37287 Cr | *52 W H/L* 1831/767
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 3387.6 Cr (-1.3% QoQ, 35.1% YoY) vs expectation of Rs. 3519.8 Cr, QoQ Rs. 3433.8 Cr, YoY Rs. 2506.7 Cr
EBIDTA came at Rs. 600.2 Cr (-0.3% QoQ, -387.7% YoY) vs expectation of Rs. 660.4 Cr, QoQ Rs. 601.9 Cr, YoY Rs. -208.6 Cr
EBITDA Margin came at 17.7% vs expectation of 18.8%, QoQ 17.5%, YoY -8.3%
Adj. PAT came at Rs. 348 Cr vs expectation of Rs. 376.3 Cr, QoQ Rs. 354.2 Cr, YoY Rs. -274.7 Cr
Quarter EPS is Rs. 12.3
Stock is trading at P/E of 21x FY26E EPS

15 Feb, 04:38
750
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*Glenmark Pharmaceuticals Ltd.* | *CMP* Rs. 1321 | *M Cap* Rs. 37287 Cr | *52 W H/L* 1831/767
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 3387.6 Cr (-1.3% QoQ, 35.1% YoY) vs expectation of Rs. 3519.8 Cr, QoQ Rs. 3433.8 Cr, YoY Rs. 2506.7 Cr
EBIDTA came at Rs. 600.2 Cr (-0.3% QoQ, -387.7% YoY) vs expectation of Rs. 660.4 Cr, QoQ Rs. 601.9 Cr, YoY Rs. -208.6 Cr
EBITDA Margin came at 17.7% vs expectation of 18.8%, QoQ 17.5%, YoY -8.3%
Adj. PAT came at Rs. 348 Cr vs expectation of Rs. 376.3 Cr, QoQ Rs. 354.2 Cr, YoY Rs. -274.7 Cr
Quarter EPS is Rs. 12.3
Stock is trading at P/E of 21x FY26E EPS

*Gujarat Narmada Valley Fertilizers & Chemicals Ltd.* | *CMP* Rs. 553 | *M Cap* Rs. 8127 Cr | *52 W H/L* 777/516
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 1899 Cr (-0.9% QoQ, -9.1% YoY) vs QoQ Rs. 1917 Cr, YoY Rs. 2088 Cr
EBIDTA came at Rs. 132 Cr (46.7% QoQ, 57.1% YoY) vs QoQ Rs. 90 Cr, YoY Rs. 84 Cr
EBITDA Margin came at 7% vs QoQ 4.7%, YoY 4%
Adj. PAT came at Rs. 163 Cr vs QoQ Rs. 105 Cr, YoY Rs. 97 Cr
Quarter EPS is Rs. 11.1
Stock is trading at P/E of 15.7x TTM EPS

*Narayana Hrudayalaya Ltd.* | *CMP* Rs. 1329 | *M Cap* Rs. 27168 Cr | *52 W H/L* 1418/1088
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 1366.7 Cr (-2.4% QoQ, 13.5% YoY) vs expectation of Rs. 1351.3 Cr, QoQ Rs. 1400 Cr, YoY Rs. 1203.6 Cr
EBIDTA came at Rs. 343.7 Cr (11.4% QoQ, 23.2% YoY) vs expectation of Rs. 273.8 Cr, QoQ Rs. 308.4 Cr, YoY Rs. 278.9 Cr
EBITDA Margin came at 25.2% vs expectation of 20.3%, QoQ 22%, YoY 23.2%
Adj. PAT came at Rs. 192.9 Cr vs expectation of Rs. 148.6 Cr, QoQ Rs. 198.6 Cr, YoY Rs. 188 Cr
Quarter EPS is Rs. 9.4
Stock is trading at P/E of 29.8x FY26E EPS

*Sudarshan Chemical Industries Ltd.* | *CMP* Rs. 912 | *M Cap* Rs. 6315 Cr | *52 W H/L* 1235/501
(Nirmal Bang Retail Research)
*Result below Expectation*
Revenue from Operations came at Rs. 666.4 Cr (-4.3% QoQ, 17.8% YoY) vs expectation of Rs. 675.9 Cr, QoQ Rs. 696.1 Cr, YoY Rs. 565.8 Cr
EBIDTA came at Rs. 79 Cr (-21.9% QoQ, 27.7% YoY) vs expectation of Rs. 95.2 Cr, QoQ Rs. 101.1 Cr, YoY Rs. 61.9 Cr
EBITDA Margin came at 11.9% vs expectation of 14.1%, QoQ 14.5%, YoY 10.9%
Adj. PAT came at Rs. 31.3 Cr vs expectation of Rs. 42.3 Cr, QoQ Rs. 41.1 Cr, YoY Rs. 14.6 Cr
Quarter EPS is Rs. 4.5
Stock is trading at P/E of 23.7x FY26E EPS

*Aditya Birla Fashion and Retail Ltd.* | *CMP* Rs. 248 | *M Cap* Rs. 26512 Cr | *52 W H/L* 365/198
(Nirmal Bang Retail Research)
*Result marginally ahead of Expectation*
Revenue from Operations came at Rs. 4304.7 Cr (18.1% QoQ, 3.3% YoY) vs expectation of Rs. 4514 Cr, QoQ Rs. 3643.9 Cr, YoY Rs. 4166.7 Cr
EBIDTA came at Rs. 634.9 Cr (75.7% QoQ, 14.8% YoY) vs expectation of Rs. 613.3 Cr, QoQ Rs. 361.3 Cr, YoY Rs. 553.3 Cr
EBITDA Margin came at 14.7% vs expectation of 13.6%, QoQ 9.9%, YoY 13.3%
Adj. PAT came at Rs. -51.1 Cr vs expectation of Rs. -77.3 Cr, QoQ Rs. -209 Cr, YoY Rs. -77.9 Cr
Quarter EPS is Rs. -0.5
Stock is trading at EV/EBITDA of 13.2x FY26E EBITDA

*Swan Energy Ltd.* | *CMP* Rs. 441 | *M Cap* Rs. 13823 Cr | *52 W H/L* 810/437
(Nirmal Bang Retail Research)
*Result declining*
EBITDA loss is on account of consolidation of  Swan Defence and Heavy Industries and Higher PAT is on account of Higher Other Income
Revenue from Operations came at Rs. 1908.2 Cr (84.9% QoQ, 19.9% YoY) vs QoQ Rs. 1032.2 Cr, YoY Rs. 1591.7 Cr
EBIDTA came at Rs. -656.3 Cr (-646.4% QoQ, -356.5% YoY) vs QoQ Rs. 120.1 Cr, YoY Rs. 255.8 Cr
EBITDA Margin came at -34.4% vs QoQ 11.6%, YoY 16.1%
Adj. PAT came at Rs. 582.8 Cr vs QoQ Rs. 51.3 Cr, YoY Rs. 115.1 Cr
Quarter EPS is Rs. 18.6

*POLYPLEX CORPORATION LTD.* | *CMP* Rs. 1127 | *M Cap* Rs. 3538 Cr | *52 W H/L* 1480/752

15 Feb, 04:38
823
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(Nirmal Bang Retail Research)
*Result Declining*
Revenue from Operations came at Rs. 1721.2 Cr (-1% QoQ, 15.1% YoY) vs QoQ Rs. 1738.9 Cr, YoY Rs. 1495.6 Cr
EBIDTA came at Rs. 121.2 Cr (-36.5% QoQ, 144.8% YoY) vs QoQ Rs. 190.9 Cr, YoY Rs. 49.5 Cr
EBITDA Margin came at 7% vs QoQ 11%, YoY 3.3%
Adj. PAT came at Rs. 57.8 Cr vs QoQ Rs. 87.8 Cr, YoY Rs. 4.6 Cr
Quarter EPS is Rs. 18.4
Stock is trading at P/E of 17x TTM EPS

*Reliance Infrastructure Ltd.* | *CMP* Rs. 250 | *M Cap* Rs. 9903 Cr | *52 W H/L* 351/144
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 5032.6 Cr (-30.7% QoQ, 8.1% YoY) vs QoQ Rs. 7258.5 Cr, YoY Rs. 4657.3 Cr
EBIDTA came at Rs. 895.5 Cr (-45.3% QoQ, 70.5% YoY) vs QoQ Rs. 1635.5 Cr, YoY Rs. 525.3 Cr
EBITDA Margin came at 17.8% vs QoQ 22.5%, YoY 11.3%
Adj. PAT came at Rs. -227.5 Cr vs QoQ Rs. 426.3 Cr, YoY Rs. -545.8 Cr
Quarter EPS is Rs. -5.7
Stock is trading at P/E of -20.8x TTM EPS

     

15 Feb, 04:38
1,026