Introduction: With a market share of 10%, Jyoti CNC Automation is one of the leading manufacturers of metal-cutting computer numerical control (CNC) machines in India. Fundamentals: Market Cap: ₹ 18,163 Cr.; Stock P/E: 59.2 (Ind. P/E: 32.21 ); 👎 ROCE: 21.2% 👍; ROE: 20.8% 👍; PEG Ratio: 1.02 ; (Seems to be overvalued vs the market average) 3 Years Sales...
Indian Equity Market Declines Due to Global Trade War Concerns • The Sensex and Nifty experienced intense selling pressure today due to concerns about a global trade war. • The Sensex fell by 1,009.64 points or 1.35% at 73,602.79, while the Nifty fell by 316.25 points or 1.4% at 22,228.80. • The market capitalistion of BSE-listed firms declined by Rs 6.1 lakh...
Inroduction Narayana Hrudayalaya operates in the healthcare industry, with a focus on hospitals, clinics, and insurance services CMP: 1,466 Market Cap: 29,969 Cr CAGR over last 3 years: 25% PAT over last 3 years: 365% TTM PE: 38.2 Debt to equity: 0.53 Promoter holding: 63.8% ROCE: 26.5%; ROE: 31.4% Positive cash flow every year for 12 years. Company's fixed...
Introduction: Jindal Drilling & Industries, part of the Dharam Pal Jindal Group, is a leading Indian company in offshore drilling and allied services, including directional drilling and mud logging. Fundamentals: Market Cap: ₹ 2,533 Cr.; Stock P/E: 19.6 (Ind. P/E: 21.07 ); 👍 ROCE: 6.52 % 👎; ROE: 3.8% 👎; 3 Years Sales Growth: 16% 👍; 3 Years Profit...
Introduction: Avantel Limited is engaged in the business of designing, developing and maintaining wireless and satellite communication products, defence electronics, radar systems and development of network management software applications for its customers majorly from the aerospace and defence sectors. Fundamentals: Market Cap: ₹ 2,907 Cr.; Stock P/E:...
Introduction: Radhika Jeweltech Ltd is engaged in the manufacturing and trading of gold, diamond & platinium jewellery. RJL is a jewelry retailer based out of Rajkot, Gujarat. The company has served 20 lakh+ customers to date. RJL offers services that include jewelry repairs, resizing, and cleaning. Fundamentals: Market Cap: ₹ 1,157 Cr.; Stock P/E: 20.0...
Nifty 50 has recovered from today's low of 22,788 levels to 23, 097. Thus, 22,800 can be considered as the strong support level. Any fall below 22,800 could be devastating for the sentiments of retail and short to medium-term investors. Long-term investors need not worry, as the monthly chart shows bullish mode only with 20 EMA comfortably trading above 50 EMA...
Introduction: MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988. Fundamentals: Market Cap: ₹ 1,758 Cr.; Stock P/E: 31.2 (Ind. P/E: 97.3) 👍; ROCE: 12.3% 👍; ROE: 60.3% 👍; 3 Years Sales Growth: 269% 👍; 3...
Introduction: Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. Fundamentals: Market Cap: ₹ 95,536 Cr.; Stock P/E: 9.56 (Ind. P/E: 29.31) 👍; ROCE: 22.1% 👍 ; ROE: 24.2% 👍; 3 Years Sales Growth: 27% 👍; 3 Years Profit Growth: 17% 👍; 3 Years Stock Price CAGR: 11% Cons: ...
Introduction: Shakti Pumps (India) Ltd is primarily engaged in the manufacturing of pumps and motors of various kinds. It also offers advanced water pumping solutions to a wide range of applications, such as irrigation, horticulture, domestic water supply, and commercial and industrial applications. Fundamentals: Market Cap: ₹ 10,454 Cr.; Stock P/E: 27.0 (Ind....
Introduction: Jash Engineering Limited is involved in the manufacturing a wide range of equipment for Water Intake Systems, Water and Waste Water Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Power, Steel, Cement, Paper & Pulp, Petrochemicals, Chemical, Fertilizers, and other process plants. Jash offers a...
Va Tech Wabag has been in correction since reaching 1906 levels in the second week of Dec 2024. The cancellation of a ₹2,700 crore order for a 300 million litres per day (MLD) mega seawater desalination plant in Saudi Arabia in the month of Dec 2024 caused the steep fall in share price. The order was cancelled due to some internal administrative procedures. This...
TITAGARH has been in a downtrend since it attained a level of 1895 levels in June 2024. On the weekly chart, it is trading near the strong support zone of 988. Next key support levels are 789, 612 The resistance level are 1002, 1355, and 1598 Downside risk is limited. Huge upside potential. You can enter if the stock touches the 1002 level and retains strongly...
Quartey Result Outlook In Q3FY25, Axis bank reported a year-on-year increase of 8.6% in Net Interest Income (NII), reaching INR 136,059 million. The Bank reported a Pre-Provisioning Operating Profit of INR 105,339 Mn for the quarter, reflecting a year-over-year growth of 15.2%, although there was a slight decline of 1.7% quarter-over-quarter, primarily...
Zomato Ltd's overall expenses for the quarter increased more quickly than its revenue, causing Zomato Ltd.'s Q3 FY25 net profit to drop more than 66% from the previous quarter to Rs 59 crore. Zomato's October–December 2024 revenue reached Rs 5,405 crore, a 13 percent increase over the previous quarter. Zomato has been in a downtrend since it reached 300 level in...
OIL India Ltd. has been in a downtrend since it attained the peak level of 763 in Sept 2024. It has strong support around 414 levels. 488 level is acting as the strong resistance. 20 EMA (Black Line) is trading just below 50 EMA (Orange Line) and 100 EMA line (Sky Blue line). In the weekly closing, if the 20 EMA crosses above 50 EMA and 50 EMA crosses above 100...
Manappuram Finance Ltd. has been trading within a tight range in a BOX PATTERN for the past couple of weeks. Yesterday, there was a clear and significant break in the box pattern. The stock took strong support on 20 EMA (Black Line). Resistance levels: 176, 187, 203, 214, 228. For confirming the bullish trend, 20 EMA (Black Line) has to trade above 50 EMA (Orange...
Introduction: HMPV Virus Cases are surging and market reacted wildly to the reports of fresh cases in India. Hence healthcare and hospital sectors are again coming under limelight. The India VIX, a measure of market fear, surged by 13% due to a broad sell-off in mid and small-cap stocks across all sectors. The Sensex declined by more than 1,200 points, reaching a...