Biggest IPO of INDIA Hyundai Motor : Risk factorsThe Hyundai Motor India Limited IPO, which commenced on Tuesday, October 15, 2024, is generating considerable buzz. The public issue closes on Thursday, October 17, 2024, making tomorrow the final day for subscription. As of the second day, the IPO has achieved a 42% subscription rate (based on BSE data). Let's delve deeper.
Key Highlights of the IPO:
Launch Date: October 15, 2024
Closing Date: October 17, 2024
Current Subscription (Day 2): 42% (BSE data)
Significance: Largest IPO in India to date, surpassing the LIC IPO
IPO Type: Entirely an "Offer for Sale" (OFS)
Understanding the Offer for Sale (OFS)
Nature of OFS: Existing shareholders, including founders, promoters, or board members, are selling their shares to the public.
Lack of Fresh Funds: The IPO is not raising new capital for growth or expansion. No new shares are being issued.
Questions to Consider:
Why is the company opting for a complete OFS instead of issuing new shares for growth? What does this suggest about the company's future plans?
What are the implications for future company expansion and innovation?
Concerns Over High Dividend Payouts:
Dividend Payouts: 178% in March 2024 and 229% in March 2023.
Possible Implications: While high dividends suggest strong profitability, they also raise concerns about the company's reinvestment strategy. Are profits being prioritized for shareholder payouts rather than business growth?
What This Might Mean for Investors:
Are current shareholders primarily looking to maximize profits from high dividends before offloading shares?
How does this dividend strategy impact the long-term sustainability and growth potential of the company?
Important Considerations
Before investing, carefully consider:
Thorough Research: Analyze the company's financial statements, strategic plans, and competitive landscape.
Risk Assessment: Evaluate the potential risks associated with the OFS structure and the high dividend payout history.
Investment Goals: Ensure the investment aligns with your financial goals and risk tolerance.
Final Thoughts:
The Hyundai Motor India IPO presents a investment opportunity, but it also carries inherent risks. The high dividend payouts and the OFS structure warrant careful scrutiny. Investors should conduct thorough due diligence and make informed decisions before participating. The impending deadline adds another layer of complexity, underscoring the need for a well-considered approach.
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Disclaimer: This analysis is purely for educational purposes and is not intended as a trading or investment recommendation. I am not a SEBI registered analyst.
Dividends
MFG: Breakout After Consolidation with 15% UpsideASX:MFG (Magellan Global Fund) has recently achieved a big breakout after a period of consolidation, supported by strong fundamentals and favorable technical indicators. The fund boasts a high Piotrowski score, a higher Altman Z-score, and a very low debt-to-equity ratio. With a solid dividend yield of 6.4% and a trending lower PE, MGF presents a promising opportunity for investors.
Fundamentals:
High Piotroski score, indicating strong financial health
Higher Altman Z-score, signaling financial stability
Very low debt-to-equity ratio
Good dividend yield of 6.4%
Trending lower PE ratio, making it attractively valued
Technical:
High RSI, showing strong momentum
Breakout after a period of consolidation
Higher relative strength compared to the broader market
Potential upside of 15-16% in the short term
Investment dividend stock near support!Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222.
The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance.
The stock is currently available at a strong demand zone which is the confluence of it 200 week EMA and 50 week EMA.
The stock is attractive at CMP and can also be added on dips uptill 205. SL can be a weekly closing below 190 and Targets can be 240,257 & 270.
If the stock sustains above the supply zone of 270-280, we can see a flag-pole breakout which can take the stock to new highs . So keep this stock in radar for long term purposes as well.
Note:- Idea has been shared for educational purposes only and should not be considered as a recommendation.
Multi Year Break out with Retracement at BPCL (Long Term)Long Term:
BUY : 295-300
Target 1: 340-345
Ratio :1:2
stop loss:275-280
Purely based on multi year break out potential stock which giving decent dividend.
Breakout with good volume and retracement done tested the resistance level now resistance acting as a support.
Bajaj Finance : Momentum Building Bajaj Finance Momentum building up after yearly results.
- Public holding only 10.2% - historical low since 2017
- DII's holding 14.33%, up from 14% in Dec'23
- Marginal decrease in promoter and FII holding
- Ex dividend date approaching on 6/21 - Dividend of Rs 36
On daily charts
- RS1 56
- EMA 9 and EMA 21 have crossed EMA 63
- EMA 63 just below EMA 200
Fundamentals
- PE around 31
- PEG around 1.05
Buy and hold for target of 8000
rpsg ventures: 1100 inn 2025?The stock is a holding company that holds RPSG Ventures, which is present in the BPM industry through its subsidiary Firstsource Solutions Limited (FSL), where it holds ~54% of the stake. FSL provides transformational business process solutions leveraging its ‘Digital First, Digital Now’ approach to create value across segments like banking and financial services, healthcare and communications, media, and technology.
Revenue Mix: FY22
Sale of FMCG Products: 5%
Rendering of Services: 91%
Mall Operations: 1%
Others - 2%
The Co. has a presence in the FMCG business through its wholly owned subsidiary, Guiltfree Industries Limited (GIL). In April 2017, GIL launched packaged snacks under the brand ‘TOO YUMM!’. Towards the end of FY22, the company forayed into the personal care segment with a limited launch of its skin and hair care products under the brand ‘Naturali’. A complete national brand launch is slated for 2022–23. GIL also has a 70% stake in Rajkot-based Apricot Foods Private Limited (AFPL), which markets snacks under the brand name ‘Evita’.
The Co. is present in the Ayurveda industry through its wholly owned subsidiary, Herbolab India Private Limited. Herbolab has a 150-year legacy with over 100 proprietary ayurvedic formulations across multiple categories. Its products are marketed under the brand ‘Dr. Vaidya’s’, which has emerged as one of India’s largest Ayurvedic brands in the direct-to-consumer (DTC) space. Total revenue during FY22 stood at ~Rs. 19 crore, versus ~Rs. 21 crore in FY21
The company's wholly owned subsidiary, Quest Properties India Ltd. (QPIL), owns 'Quest' Mall in Kolkata.
Revenue Mix: FY22
Sale of FMCG Products: 5%
Rendering of Services: 91%
Mall Operations: 1%
Others: 2%
The company's venture fund has made 10 investments so far in various startups such as The Souled store, MCaffeine, ShopG, Incnut Lifestyle, IncNut Digital, etc
Investment pick- Union BankUnion bank is one of the top 5 largest PSU banks of India.
We have seen an amazing rally in PSU banks in the last couple of years on the basis of improved profitability and asset quality.
Technically, Union bank has a big scope of uptrend possible as the stock has recently broken the resistance of 100.
Positional traders can look for targets of 140, 175+ in next 6-12 months.
Stock offers a good dividend yield over 2%.
Good stock from investment point of view.Idea shared for educational purposes.
This PSUBank stock is looking strongFundamental analysis:-
Bank of Maharashtra is a PSUBank stock which can give good returns in short as well as long term.
The stock has a good dividend yield and is available at a cheap price as per PE and PB ratios.
Technical analysis:-
The stock has given a breakout from Inverted head and shoulder pattern. A closing above 32.45 can provide more than 10% returns.
Entire PSU bank sector is currently bullish.
Note:-Idea is shared for educational purposes and should not be taken as a recommendation.
Cup and handle breakout in Powergrid!Powergrid is a portfolio stock with good dividend yield and strong fundamentals.
The stock has given a breakout of cup and handle pattern with neckline of 250. The retest of the same is completed as well.
Stock can give good returns with minimum target of 300. SL can be below 246 DCB.
Idea is shared for educational purposes and should not be considered as a recommnedation.
Huhtamaki Ind Bullish Harmonic ActiveWeekend Pick 2: Huhtamaki Ind
Fundamentals: Decent, consistent on Sales, Profits, EPS, Growing Reserves Vs reducing debts. FII holding increased slightly. Healthy Dividends
Technicals: Harmonic XABCD Active with Good Volume, Price above standard MAs
R1: 295
R2: 325
R3: 355.. Above 360 big rally if sustains on weekly chart
SL: 225
Kirloskar Brothers Lifetime High Cup and Handle BreakoutKirlosker Brothers looks very attractive
Fundamentals: Strong, consistent on Sales, Profits, EPS, Growing Reserves Vs reduced debts.. FII+Dii holding increased, Healthy Dividends
Technicals: LTH with C&H Breakout with big volume
R1: 640
R2: 720
R3: 800++
SL: 470
IOC Breakout with huge volumeIOC gave a breakout to resistance with a strong volume and presently having cup and handle design pattern
Breakout above 85 would give a target of 92+
More over MRCL gave a good returns and IOC having major stakes in it, we may expect good results on May 16th and have good dividend given after board meeting
#IOC #1W #CUPANDHANDLE #CUP&HANDLE
Nestle lifetime time high breakout with Cup and Handle patternWeekend Pick 2: #Nestle
Fundamentals: Very strong, consistent on Sales, Profits, EPS, High Reserves Vs Debt Free.. DII holding increased, Healthy Dividends
Technicals: Bullish, Broken LTH, C&H breakout.
R1: 23350
R2: 25400
R3: 28000
S: 19000
#Nifty #NiftyFMCG #StocksInFocus
GLS Trend Reversal and strong quarter resultsGLS looks attractive
Fundamentals : Very Strong, Consistent of Sales, Profits, EPS, CASH rich Vs No Debt, very strong quarter results...
Technicals : Bullish, Trend Reversal.. Gave Trendline breakout and retested with good volumes, price above MAs..
R1: 575
R2: 635
R3: 720++
Mid-long term Avg between : 450-400
Short term SL : 440
Favourable RR OPTIONS in ONGCTechnical Analysis -
1. Falling channel breakout above DZ turned SZ
2. Going from lower range to higher range of rising channel
3. Sustaining above 20EMA & towards 200 EMA
4. OI data supportive - A Short Covering is to be seen after Long Buildup wipe out last 2 days Short Buildup
Go long in ONGC by buying CE -
1. ENTRY / TARGET as per spot chart - 139.2 / 144
2. SL using spot chart - 138
3. RR - 1:4
4. Strike Price - ONGC 25 AUG 140 CALL (or a little OTM as per your risk taking capacity)
Other considerations -
1. Considerably good result (might not be as per expectations)
2. Huge demand still to be seen given the dividend ex-date on 18th Aug'22
3. Avoid this trade if opens Gap Up or Gap Down by 1%
This is for educational purpose for others & not a recommendation. Please do a thorough analysis of your own before entering the trade.
Will BPCL follow the Symmetrical Triangle Pattern?BPCL, one of the highest dividend payout stocks, forms the symmetrical triangle. The stock taking support at the monthly trendline with higher volumes compared to the last month. Oil price increase may be one of the reason behind this. Let's see whether it respects the trendline or not. What's your thought on this?