SIVA fundamentals (Study Purposes)🔥 🔥

Current valuation aren't cheap so sitting on 17% cash

SuzlonEnergy reports Q2Results 👇

👉Net profit up 96.1% at ₹200.6 cr vs ₹102.3 cr (YoY)

👉Revenue up 47.6% at ₹2,092.3 cr vs ₹1,417.2 cr (YoY)

👉EBITDA up 28.2 % at ₹283 cr vs ₹220.8 cr (YoY)

👉Margin at 13.5% vs 15.6% (YoY)

*Instl. Investors EQUITY Cash Trades PROV. - 28/10/2024 : Rs. CRS. :*

*FIIS : SELL -3,228 (13,393-16,621)*

*DIIS : BUY +1,401 (12,258-10,857)*

BPCL shares up 2% on JV agreement with Oil India for city gas distribution

(BPCL) share price gained 2 percent in the early trade on October 28 after the company is going to enter into joint venture agreement with Oil India. Bharat Petroleum Corporation was quoting at Rs 312.10, up Rs 6.15, or 2.01 percent, on the BSE. The BPCl board at its meeting held on October 25, 2024 has approved entering into a joint venture agreement with Oil India for the purpose of developing city gas distribution (CGD) project in the state of Arunachal Pradesh. The above joint venture agreement will be entered into in due course after the receipt of necessary approvals, BPCL said.
Bharat Petroleum Corporation had reported a 72 percent year-on-year drop in consolidated net profit at Rs 2,297 crore for second quarter of financial year 2024-25. However, revenue from operations remained flat at Rs 1.18 lakh crore against Rs 1.17 lakh crore in the previous year.
Source : Money Control

Syrma says
FY25 Guidance
Revenue +40%-50% with margins at 7%

Q2FY25 Revenues includes PLI amount of Rs.12cr-15 cr

Order Book at Rs.4800cr

VIP Industries reported flat revenue growth in Q2 FY25, with volume growth reaching 18%. Market share has improved to 40%, driven by e-commerce sales. Gross margin declined due to brand mix and channel mix, but is expected to recover to 50% in Q4. Inventory reduction initiatives are underway, with an expected debt reduction of Rs. 100 crore by FY25 end

Indian Oil Corporation Q2 Results: PAT plummets 93% YoY to Rs 180 crore

The same stood at Rs 2,643 cr a year ago
Revenue from operations at Rs 1.73 lakh cr
It is down 10% YoY vs Rs 1.93 lakh cr

SUDARSHAN CHEMICAL INDUSTRIES Q2 CONS

NET PROFIT 300M RUPEES VS 178M (YOY)

REVENUE INCREASE OF 15.97% FROM PREVIOUS

EBITDA 923M RUPEES VS 653M (YOY)

EBITDA MARGIN 13.39% VS 10.99% (YOY)

ACCELYA SOLUTIONS:

Accelya Financial Solutions Process Over USD 100 Billion for Airlines - Doubling Pre-COVID Levels, and Launches New FLX Order Accounting Solution

Reliance Bonus Adjustment : Today Reliance goes EX-Bonus of 1:1
Bonus shares will credit in next 2-3 Days as per SEBI New guidelines. (earlier it was 2-4 weeks)

Don't get scare if reliance trade at 50% Loss.

Trivia : Reliance was the 1st company to follow new right Issue guidelines in Year 2020 & became the 1st company to follow new bonus guidelines in Year 2024.

IDFC First Bank Mngmt Says In The MFI Segment There Is 'Real' Stress

MFI Stress Should Peak Out By Q4

Have Provided At 30 Days Past Due For MFI Exposure

Next Quarter Provision For MFI Will Not Be High

Credit Cost In Q3 Will Be Lower Due To Provisions Already Made -CNBCTV18

Unsecured Retail Is 15% Of The Book

SMA Is Stable For All Segments Except MFI

Top class results from Big lenders like ICICI Bank and HDFC Bank

Perfectly horrible results from
Indusind bank, Poonawala Fincorp,IDFC first bank and all small and microlenders.

All those who said
It is a waste of time studying big lenders
Should be held responsible for misleading investors

Only when the credit cycle turns,
People understand why big lenders are superior to momentum seeking growth at any price lenders

TEXMACO RAIL MNGMT SAYS

Expect Revenue Growth To Be 2x GDP Growth In FY25

Expect 15-20% Improvement In Margin From Current Level

Have Sorted The Supply Chain Issues

-CNBCTV18

NBCC: CO WINS ORDER WORTH RUPEES 1730 CRS

*Agarwal Industrial Corporation,* posted 41% higher Q1 EPS of Rs.26.1, which may lead to FY25 EPS of Rs.100. It trades at a forward P/E of 10.6x. Its medium-short term prospects are bright.

*Styrenix Performance* posted 89% growth in Q1FY25 EPS at Rs.34.8, which may lead to FY25 EPS of Rs.135, driven by major expansion plans.

*Aurangabad Distillery* posted H2 EPS of Rs.14.2 and FY24 EPS of Rs.25.5, which may lead to FY25 EPS of Rs.28 after a 1:4 bonus issue on expanded equity of Rs.10.3 cr.

*Muthoot Micro Finance* posted 18% rise in NP of Rs.113.2 cr. on 34% higher income of Rs.641 cr., which may lead to FY25 EPS of Rs.36. Good for the medium-to-short term.

*Sree Rayalaseema Hi-Strength Hypo* expands Sodium Methoxide production and posted Q1 EPS of Rs.12 with FY24 EPS at Rs.47. Diversifying into PCB and electronics, it is poised for growth.

*Siyaram Recycling* bags Rs.9.3 cr. orders from Greenland Trading & Axelon Group Jamnagar. It raised Rs.35.4 cr. via preferential allotment to key investors. Is promising long-term prospect.

*City Union Bank* posted 17% rise in H1 EPS to Rs.7.4, which may lead to FY25 EPS of Rs.16.5. Its Net NPA fell to 1.62%, signalling bright prospects.

*Cigniti Technologies* posted Q2FY25 EPS of Rs.19.4, which may lead to FY25 EPS of Rs.62+, positioning it for potential gains given its leadership in AI and digital assurance.

*LIC Housing Finance* posted FY24 EPS of Rs.86, which may lead to FY25 EPS of Rs.95. With a P/B of 1.05x, it remains the cheapest stock in the housing sector.

*Emami Paper* posted FY24 EPS of Rs.13.9, which may lead to FY25 TTM EPS of Rs.15.8. It trades at a forward P/E of 6.5x against the industry average P/E of 16x.

*IIFL Securities* posted 90% rise in Q2 EPS to Rs.6.7, which may lead to FY25 EPS of Rs.28, reflecting strong growth across retail and institutional segments.

*Money Times Talk is part of 'Money Times' publication.bs.*

Quality stocks are essential for long-term growth; rallies have occurred based on profit expectations and companies must consistently deliver exceptional earnings to maintain momentum. Currently, panic creates opportunities for long-term investors in quality stocks with strong Q2 results. Market trends will be influenced by earnings realities and growth expectations.

Many investors are curious about how the call auction session will function on 28th October without upper limit bands on holding companies. According to a SEBI circular dated 20th June 2024, it will operate like an IPO opening day, allowing limit orders between 9:00 to 9:40, followed by an order matching session. Unfortunately, this crucial detail has not been adequately covered by major media leaving retailers uncertain about price limits. Investors deserve guidance on platforms to ensure reasonable price: book ratios of 0.6: 0.7.

As per market grapevine, growth stories in PSU's, defence, railways, power and shipping have vanished overnight, with even Rs. 23,000 cr. in monthly SIP inflows failing to prevent corrections of 30-50% in most stocks. BPCL, HPCL, MOIL and NLC reported poor Q2 results. Moral: 1) Price follows earnings and growth seen in the balance sheet not by rosey press releases. 2) The stock market is cyclical—good times are followed by bad, so avoid one-way bets. 3) Valuation bubbles always burst and cannot sustain indefinitely. 4) Learning to sell and book profits is crucial; paper profits don't translate to real gains. 5) The 2024 landscape shows new highs followed by significant tumbles, indicating potential traps for investors. Successful investing requires emotional control, fact-based decisions, continuous learning and risk awareness—traits not everyone possesses.

As per market veteran, just months ago, the focus was on when the market would fall; now, it's about when the bottom will form. A market bottom occurs when fear peaks. Patience is essential—real investors seize quality stocks at reasonable valuations during sell-offs, as panic and opportunity go hand in hand.

As per market veteran, certain individuals should refrain from investing in the stock market: 1) Those who cannot book losses. 2) Those relying solely on tips and updates from others. 3) Those who lose sleep when markets fall. 4) Those seeking quick profits without understanding that there are no shortcuts to doubling money in the stock market. 5) Focus on either slow learning or regular SIPs.

As per market veteran, despite the prevailing negativity on social media and news outlets, India’s biggest bull market from 2003 to 2007 saw a remarkable 214% return on Nifty (~35% CAGR). However, many investors failed to profit because they sold during downturns. The market faced declines of 14%, 27%, 13%, 29% and 15% during those years, which are typical fluctuations. Those who remained invested or bought growth-oriented companies at reasonable valuations during such declines built significant wealth. Patience is key!

As per market grapevine, the Covid correction lasted 45 days,with a 35% decline from Nifty 11,800 to 7,600 and mid- and small caps falling up to 60%. However, it was followed by impressive returns. Currently, after 28 days of correction and an 8.1% drop in Nifty, many stocks are down 10% to 60% from their highs, but the small-cap index is down only 9.5%, highlighting the importance of stock selection. Within any market phase, the ability to identify strong companies is crucial. Quick and significant returns are unlikely in SAMVAT 2081, so investors should remain calm and stay invested in solid stocks. After Q2 results are announced on 15th November, conduct a thorough analysis of your portfolio and consider reshuffling under expert guidance if necessary.

Nifty November Outlook: The stock market remained bearish ahead of Diwali with Sensex down 6000 points and Nifty slipping 2100 points due to FII selling and disappointing earnings. However, the Nifty showed signs of recovery, gaining 107 points from the day's low, suggesting a potential bottom formation.

The Market Mood Index indicates Nifty is in an extreme fear zone, historically a good buying opportunity. Key support levels for Nifty are at 24102, 23703, 23366 and 22821, while resistances are at 24408, 24547, 24714, 24996, and 25338. A move above 25338 could signal a bullish trend towards 25656.

Small and mid-cap stocks have crashed due to 1) 97% of results announced until 25th October being flat or poor and experts indicating continued underperformance until mid-November. 2) Substantial FII selling worth Rs. 1,00,149 cr. on October 24 is expected to persist until the end of the month, causing panic among investors. The new SEBI regulation has removed around 1,010 stocks from being used as collateral for loans, limiting leverage for traders and triggering a massive unwinding of positions. Most small and mid-cap stocks have plummeted between 20% and 60% in a matter of days, raising questions about what fundamental changes occurred. With a peak MTF book of Rs. 73,500 cr. and reduced stocks acceptable as collateral from 1,730 to around 700, many investors may struggle to meet margin calls, exacerbating the situation. As high-net-worth individuals often leverage their positions, their inability to use these stocks as collateral has led to widespread losses, significantly impacting the supply and demand dynamics in the small and mid-cap segments.

A circular issued in July 2024 for delisting collateral gradually reduced trading limits from 75-80% to 40%. By November, the loan value on many stocks may fall to zero, causing panic among investors. Stocks previously valued at Rs. 100 with loans of Rs. 75-80 will drop to Rs. 40, leading to uncertainty for around 1,000 shares used as collateral and resulting in unwinding positions.

The regulatory circular prohibiting margin funding in over 1100 stocks include market favourites like Adani Power, Tata Investments, HUDCO, etc. Other stocks where little or no leverage will include Yes Bank, Suzlon, Bharat Dynamics, Paytm, Pilani Investments and Industries (Birla Group), Autumn Investments, Atul Auto, Allcargo, IRB Infrastructure, NBCC, Go Digit, Inox Wind, Jupiter Vagons, KIOCL, Jyoti CNC Automation, JBM Auto, Hetson Agro Product, Tejas Networks together with many other well-known small and mid-cap companies that generated high trading interest created by operators raising funds against pledged shares and buy more to push up the scrip further will cease by 31st October 2024. Operators have been forced to return borrowed funds by liquidating their stocks, which has led to the sharp decline in the market. These will, however, stock after 1st November with this new regulation and panic selling will be contained.
In 6th January MTTs, Cignity given at Rs.1041 touched Rs.1552 during this week in a highly negative market.

In 13th January MTTs, Anantraj given Efactor given at Rs.162 touched Rs.300 - a gain of 85% in highly negative market sentiments.

In 27th January MTTs, Essen Specialty Films given at Rs.219 touched Rs.687 - a superb gain of 214%.

In 10th February MTTs, Univastu given at Rs.134 touched Rs.276 - a gain of 106%.

In 17th February MTTs, Lehar Footwears given at Rs.132 touched Rs.275 during the week - a gain of 108%.

In 16th March MTTs, Ritco Logistic given at Rs.223 touched Rs.409 - a gain of 83%.

In 6th April Kaka Industries given at Rs.179 touched Rs.328 - a gain of 83% during the week

In 18th May MTTs, Va Tech Wabag given at Rs.981 touched Rs.1906 - a gain of 94% during the week.

In 15th June MTTs, EPack Durable given at Rs.212 touched Rs.471 - a gain of 122% during the week.

In 17th August MTTs, Pennar Ind., given at Rs.168 touched Rs.215 - a gain of 28%, Univastu given at Rs.228 touched Rs.276 during the week.

In 12th October MTTs, BF Utilities at Rs.1064 was suggested to exit. It declined to Rs.871 and still looks overpriced.

Last week in 19th October MTTs Roopa Industries given at Rs.88 touched Rs.115 in highly negative market sentiments

Nifty Midcap and Small Cap indices grew over 50% last year but now witness daily fall of 2-3%, which may cumulatively amount to 20-30% correction in the current negative market. Investors must focus on performers like Amal, Artefact Projects, Cochin Minerals Rutile, Cybertech Systems, International Travel House (ITHL), Lactose (India), NSE SME Magatherm, Morepen Lab, Multibase India, Parag Milk Foods, PNB Gilts, NSE SME Rulka, Resonance Specialities, Sagarsoft, Somiconvey, TIGOB, Tyche and Vinyl Chemicals (India) for potential gains in the short to medium term.

NSE SME *Megatherm Induction* FY24 PAT rose 48% to Rs.20.72 cr. on Rs.393 cr. order book. With a 3-year PAT CAGR of 133%, stock is undervalued at Rs.324 against its high of Rs.490.

*Sagarsoft* posts 454% higher Q1 PAT of Rs.2.05 cr. with a P/E of just 13x. With 16.2% ROCE, Rs.62 cr. reserve and 51.36% promoter holding. If it closes above Rs.260, it may open to Rs.290–322 trading range.

Tea stocks may rally as demand rises and production drops. *T&I Global* posted FY24 EPS of Rs.19.61 with 18.7% 3-year sales growth, 18% ROCE & 52-week high of Rs.352, it looks highly undervalued.

*Lactose (India)* posted 151% higher Q2 PAT and 144% H1 PAT to Rs.4.3 cr., with strong ROCE at 18% and ROE at 15.5%. Stock at Rs.172 would open to Rs.230-265 range if it closes above Rs.200.

*Artefact Projects* bags good orders for 7 years and sharply reduces debt. With 555% rise in NP to Rs.1.44 cr. on a QoQ basis, it has potential to exceed its 52-week high of Rs.111.

*Rulka Electricals* has new orders worth Rs.48 cr. With NPM improving from 3% to 9%, it boasts ROCE of 50.6% and ROE of 62.9%. At Rs.362, it is attractive v/s to its 52-week high of Rs.667.

*Multibase (India)* boasts reserves of Rs.122 cr. on equity of Rs.12.62 cr. It posted 61% higher Q1FY25 NP of Rs.3.92 cr. If it surpasses its 52-week high of Rs.337, a new trading range of Rs.360 to Rs.403 could open.

*Cybertech Systems & Software* posts 84% higher revenue of Rs.89.4 mn. with 38% higher NP at Rs.73.6 mn. With FY24 dividend at 20% , stock looks attractive at Rs.218 below its 52-week high of Rs.293.

*Cochin Minerals & Rutile* posts Q1FY25 PAT up 162% to Rs.5.95 cr. with 26% ROCE & reserves of Rs.141 cr. At Rs.299, stock is undervalued compared to its 52-week high of Rs.361.

*Amal*, part of the Atul group, posted 223% rise in PAT to Rs.5.53 cr. and is likely to surpass its 52-week high of Rs.489.

*Tyche Industries* posted Q1FY25PAT of Rs.2.73 cr. and trades at a PE of 15.2x. around Rs.180. With reserves of Rs.116 cr. it could touch Rs.250-277 and surpass its 52 week high of Rs.230.

*PNB Gilts* posted 888% higher H1FY25 PAT and is likely cross its 52week high of Rs.149. Stock looks attractive at Rs.115.

*ITD Cementation's* promoter, Italian-Thai Development to sell 46.64% stake to Renew Exim DMCC at Rs. 400/share below CMP of Rs. 539 and also offer additional 26% stake at Rs. 571.68/share.

*IDFC First Bank* is set for a sharp rebound post-merger with IDFC, which reduced its equity. Long-term investors could see over 60% returns ahead.

*Par Drugs and Chemicals*’ strong Q2 EPS of Rs. 6, positions the stock at Rs. 275 as undervalued with a potential to double.

Following the market shakeout, PSU stocks like *HUDCO, IRCON and Mazagon Dock Shipbuilders* appears attractive for 20% returns in the next six months.

*Moschip Technology* saw 50%+ rise in Q2 semiconductor revenues. The stock has corrected over 30% from its highs and is worth monitoring.

*TRF* has dropped from Rs 670 to Rs 415, trading at a forward P/E under 10x, making it a good accumulation candidate for future gains.

*Aartech Solonics* with Mcap of Rs 193 cr. is gaining traction in the Defence & Power sector with its highest-ever order book and recognition from the Indian Army for ‘KranKing’.

*Rudra Global Infra Products* plans Rs 190 cr. capex for a solar project targeting Rs 1000 cr. in TMT bar production. Its Rs 20 cr. investment in defence castings will propel growth.

*Tata Power* aims to establish 1 lakh EV charging stations by 2025. Its 74.2% CAGR PAT growth and recent LOI for a transmission project points to strong growth prospects.

*RattanIndia Enterprises* operates in tech-driven sectors holding Rs 1300 cr. stake in RTN Power. Its strong Q1 results indicate continued momentum likely in Q2.

*Urban Enviro Waste Management* posted H1FY25 sales up 54.84% YoY and PAT up 1.91x to Rs. 7.63 cr. with EBITDA margins at 21.12%, suggesting promising returns ahead.

*Julien Agro Infratech* approves 1:2 stock split & interim dividend. It posted strong Q2FY25 PAT of Rs. 204 lakh. Agro sector is in focus due to govt. push.

*HMA Agro Industries* signs an MOU with Selangor Agricultural Development Corporation, expanding its international presence in Malaysia.

*PC Jeweller* posted outstanding H1FY25 earnings with revenue jumping 797% YoY driven by improved consumer demand and footfalls further bolstered in Q2FY25.

*GRM Overseas* partners with Supermercados Central in Chile to enhance market penetration and brand visibility as its exclusive distributor.

*G G Engineering* posts robust H1FY25 earnings with revenue up 90% YoY. EBITDA surged 606.59% to Rs. 1269.04 lakh and PAT rose 741.17% to Rs. 918.56 lakh.

*Mishtann Foods* posted strong Q2FY25 with revenue of Rs. 341.87 cr., EBITDA up 20% YoY and PAT up 22%. Withdrawal of export tax on parboiled rice is a significant positive for the co.

*Standard Capital Markets* approves Rs. 500 cr. fund raise and announces a zero-cost EMI scheme for schools to acquire interactive flat panels (IFPs).

*Afcons Infrastructure* IPO is open, rated ‘Subscribe - Long Term’ by Anand Rathi and Canara Securities, recognizing its global expansion and unique projects.

*Vishal Fabrics* posts robust H1FY25 with PAT up 66% YoY to Rs. 1127.38 lakh, revenue at Rs. 72740 lakh and EBITDA up 34.38% YoY to Rs. 5720.84 lakh.

*SBC Exports* posts 200% YoY profit growth with Rs.50 cr. in export orders. Its new Ghaziabad facility will enhance its global capacity.

*Kaushalya Logistics’* Amritsar depot is operational and will boost JK Cement's distribution across Punjab and nearby region.

*Shera Energy* posted a record breaking H1FY25 consolidated net sales of Rs.597 cr. with Q2FY25 sales crossing Rs.300 cr. (provisional).

*Emerald Finance* to provide an Early Wage Access program Diplast Plastics employees to enable them access part of their salaries throughout the month.

Unihealth Consultancy is renamed *Unihealth Hospitals* effective 14th Oct 2024 with a new incorporation certificate issued on 21st Oct. 2024.

*Vedavaag Systems* approves allotment of 79,38,000 convertible warrants at Rs.63 each to promoters and non-promoters.

*Dhruv Consultancy* extends its empanelment with U.P. State Bridge Corporation for design consultancy including detailed project reports (DPR) for major bridges and flyovers.

*Basilic Fly Studio* reports a strong project pipeline for its subsidiary ‘One of Us’ with an order book over £20 million across major film and TV projects.

*Network People Services Technologies* allots 3,900 equity shares with FV of Rs.10 under the NPST Employee Stock Option Plan 2023.

*Emerald Finance* has also partnered with Shiv Shakti Industry to offer Early Wage Access, allowing employees to access a portion of their salaries throughout the month.

*Best Agro* posted Q2 EPS of Rs.40 and H1 EPS of Rs.49, which may lead to FY25 EPS of Rs.70, supported by its strong product pipeline and new launches.

*Karur Vysya Bank* added 3 branches in Tamil Nadu with Q2 EPS up 25% to Rs.5.9, which may lead to FY25 EPS of Rs.24+. Investment in Govt. securities rose 19% to Rs.22,344 cr.

*Money Times Talk*

*26th October 2024*

₹

Although Money Times recommendation have outperformed other media, stock brokers and research houses, the brief recommendations under Money Times Talk (MTT) cannot display ‘BUY’, ‘SELL’ or ‘HOLD’ recommendations. Readers should, therefore, exercise their own judgement and evaluate the future prospects of the stock given its past performance, industry prospects in the backdrop of a growing economy and in consultation with their investment adviser.

*As per astrology view* some important turning dates are 28, 29 & 31 Oct and 1, 4 & 8 Nov 2024. As of 25th Oct, the market has completed two Saturn cycles indicating a potential short-term bounce in Indian markets.

Here are 10 recommendations for Diwali 2024 to Diwali 2025, emphasizing the importance of mastering key indicators: 1) RSI (Relative Strength Index): Measures price strength; oversold at 30, overbought at 70. 2) MACD (Moving Average Convergence Divergence): Tracks crossover between two moving averages; settings of 12, 26 and a 9-period signal line. 3) Ultimate Oscillator: Combines three-time frames for buying/selling pressure; popular settings are 7, 14 and 28 periods. 4) Bollinger Bands: Shows price relative to upper/lower bands; uses a 20-period moving average and standard deviation of 2. 5 ADX (Average Directional Index): Measures trend strength; values above 25 indicate strong trends. 6) Stochastic Oscillator: Compares closing price to its range; common settings include 14 periods for %K and 3 for %D. 7) Parabolic SAR: Identifies trend reversals; commonly configured with a 0.02 step and 0.2 maximum. 8) MFI (Money Flow Index): Smilar to RSI but incorporates volume; levels of 20 and 80 indicate oversold and overbought conditions. 9) CCI (Commodity Channel Index): Measures price deviation; default is 20 periods with levels of +100 and -100 for overbought/oversold. 10) Heikin Ashi Candles: Smooth price fluctuations for clearer trends; ideal for trend-following strategies.

*As per market veteran*, in times of bearish trends and market volatility, it's crucial to remember these principles from market veterans: 1) Don't sell your winners in a weak market. They will recover quickly when the market rebounds. 2) Market Cycles: Selling during weak markets can lock in losses; holding strong assets allows you to benefit when conditions improve. 3) Strong Fundamentals: Quality stocks with solid fundamentals tend to outperform long-term and recover faster after temporary declines. 4) Avoid Emotional Decisions: Panic selling prevents capitalizing on eventual recoveries; patience and a long-term perspective are essential. 5) Rebounding Potential: Historically, markets rebound after downturns and fundamentally strong stocks often recover faster than weaker ones. Stay focused on the bigger picture and don't let short-term weakness dictate your decisions.

As per market veteran, the market offers multiple buying opportunities but rarely allows for repeated booking of huge profits. There are three market trends: 1) Bull market 2) Bear market 3) Silent killer market. The current trend is a silent killer indicating hidden damage; stocks are falling without visible wounds to the portfolio. When markets rise, optimism reigns; when they fall, pessimism prevails. The market behaves like a swing, oscillating between highs and lows. Investors seize discounts on platforms like Flipkart and Amazon, while market experts capitalize on panic in the stock market.

As per market veteran, until 25th October, 97% of Q2 results were average or poor and till 15th November, this trend is likely to continue, contributing to market declines. The significant drop in just 19 trading days is attributed to record FII selling worth Rs. 1,00,149 cr., which may persist until 31st October. Those anticipating a rally should consider what would trigger it amid such disappointing results from major companies.

Yes Bank Q2 Results: Net profit jumps 145% YoY to Rs 553 crore, interest income up 15%

https://economictimes.indiatimes.com/markets/stocks/earnings/yes-bank-q2-results-net-profit-jumps-145-yoy-to-rs-553-crore-interest-income-up-15/articleshow/114615010.cms

Download Economic Times App to stay updated with Business News - https://etapp.onelink.me/tOvY/135dde21

Syrma SGS sets up one of the largest electronics manufacturing facilities in Pune - The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/syrma-sgs-sets-up-one-of-the-largest-electronics-manufacturing-facilities-in-pune/article68790686.ece

EMS Companies Comparison

Rise of electronic manufacturing in India is opening up significant opportunities for major players in sector. With policy support, India is poised to become one of the fastest-growing markets for EMS providers.

Many of these companies are shifting beyond just contract manufacturing, now offering complete design services.

Source: Ishan

https://www.business-standard.com/industry/news/india-aims-to-double-edible-oil-output-to-cut-down-reliance-on-imports-124100301371_1.html

Most of us have seen the worst of markets in COVID and before that too,,,,,

Just one word see the history of markets it was goes up up up up

The more it goes down the reversal bounce is much higher ,

Forget about war , china , fii , rate cuts and also those negative stuff

Remember the tag line India can never ever go in recession as we are top 2nd largest consumption market and our festival spending aligned in each quarter itself is enough to boost economy also we are blessed to have visionary prime minister in the centre who have changed things beautifully

Buy good quality companies on declines

Happy blessed weekend from
Nivesh Nakath

https://www.moneycontrol.com/news/business/markets/monthly-outflow-of-fiis-cross-rs-1-lakh-crore-for-the-first-time-dii-inflows-touch-rs-97000-crore-12851188.html

COAL INDIA: Q2 CONS NET PROFIT 62.9B RUPEES VS 80.4B (YOY); 109.6B (QOQ) || Q2 REVENUE 306.7B RUPEES VS 327.8B (YOY)

COAL INDIA: Q2 EBITDA 86.2B RUPEES VS 100.4B (YOY) || Q2 EBITDA MARGIN 28.09% VS 24.82% (YOY)

COAL INDIA: CO DECLARED DIVIDEND 15.75 RUPEES PER SHARE

Companies with good quarterly growth :-

1. SHILCHAR TECH
2. HINDUSTAN ZINC
3. ANGEL ONE
4. ANAND RATHI
5. WEALTH FIRST
6. SWARAJ ENGINES
7. E2E NETWORKS
8. VARUN BEVERAGES
9. PNGS GARGU FJ
10. KPIT TECH

Source Via X