Stock Market News🇮🇳

📊Indian stock market showed consolidation on Dec 4 after two days of gains. Positive sentiment persists, with banking & realty sectors leading. Key Nifty levels: Support at 24,350, Resistance at 24,660.

📊Stocks To Watch
Indus Towers
Vodafone Group Plc has announced its plan to sell the remaining 3 percent stake in Indus Towers, or 7.92 crore shares, and use the funds for the repayment of $101 million in settling outstanding dues. According to CNBC-TV18 sources, Vodafone Group Plc's units Omega Telecom Holding & Usha Martin Telematics are likely to sell the said stake in Indus Towers, with the offer size ranging between Rs 2,716.9 crore and Rs 2,835.8 crore at the offer price of Rs 343-358 per share. Meanwhile, Indus Towers has released the pledge on 3.003% of shares held by Vodafone promoters in the company on December 4, to enable the relevant Vodafone promoters to execute the sale of such shares.
PG Electroplast
📊general corporate purposes.
Bharat Forge
The Pune-based forging company has announced the launch of a qualified institutions placement (QIP) book on December 4. The board has set a floor price at Rs 1,323.54 per share. According to CNBC-TV18 sources, the issue size may be up to Rs 1,650 crore.
📊Indraprastha Gas
The board will be meeting on December 10 to consider the issue of bonus shares to the equity shareholders.
📊Torrent Pharmaceuticals
The pharma company has entered into an agreement to acquire three anti-diabetes brands: Cospiaq (empagliflozin), Cospiaq Met (empagliflozin + metformin), and Xilingio (empagliflozin + linagliptin) from Boehringer Ingelheim International GmbH (BI). The acquisition is expected to be completed in March 2025. Torrent has been marketing these brands since 2022 as part of an existing co-marketing agreement with Boehringer Ingelheim India.
Dynamic Services & Security
The company has received an offer letter for a mega project from the Maharashtra government to set up a new project for the manufacturing of solar PV panels (1,800 MW) in Raigad. The company has decided on a fixed capital investment of Rs 1,080 crore for the project.
📊Larsen & Toubro
The company has completed the acquisition of a 15% stake in E2E Networks via preferential allotment. The secondary acquisition of 6% from the promoter of E2E Networks is expected to be completed on or before May 30, 2025.
Mastek
Arun Agarwal has resigned as Global Chief Financial Officer of the company, effective December 3.
📊Bondada Engineering
The company has received an order worth Rs 108.9 crore from 📊Bihar Renewable Energy Development Agency. The work order involves the design, supply, and installation of remote monitoring systems for the smart solar street light system on identified existing electric poles under the Mukhyamantri Gramin Solar Street Light Yojana in Bihar state on an EPC basis.
📊Gallantt Ispat
Under the industrial promotion policies of the state governments, the company has been partly reimbursed Rs 80.45 crore against the payment of State Goods and Services Tax (SGST) paid by the company

🕯 Stock To Watch Next Week

☄️HCLTECH
👉🏻Ascending triangle breakout possible above 1900
👉🏻Sector + stock specific chart both looks good
👉🏻Support near 1790
👉🏻Currently 1900 is the resistance level, breakout will trigger if closes above it.

Keep an eye

☄️ Coromandel International
Current Level: 1806
Move: Above 1820 for 2020+
Invalidation: 1740

🌻 Rounding bottom on W-chart
🌻Trendline BO
🌻multi-time attempt in last three month
🌻 Technical formation


👉🏻Note: Not a buy sell reco.
Do proper analysis before taking any kind of investment decision

📈Market Update

📈Key Levels For The Nifty 50
Resistance based on pivot points: 24,460, 24,493, and 24,547
Support based on pivot points: 24,354, 24,321, and 24,268
Special Formation: The Nifty 50 formed a Doji-like candlestick pattern on the daily charts, following an Inverted Hammer pattern in the previous session. This comes after a recent fall and generally indicates a potential reversal in trend. However, the lower highs and lows formation has persisted, with the index trading below the 100-day EMA (Exponential Moving Average) and the 20-week EMA. Furthermore, the momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) maintain a negative crossover, indicating weakness in the short term.
📈 Key Levels For The Bank Nifty
Resistance based on pivot points: 51,726, 51,863, and 52,085
Support based on pivot points: 51,283, 51,147, and 50,925
Resistance based on Fibonacci retracement: 51,823, 52,331
Support based on Fibonacci retracement: 50,687, 49,648

📈Results Today
Coal India, JSW Steel, Bharat Petroleum Corporation, Bank of Baroda, Bandhan Bank, Bharat Electronics, InterGlobe Aviation, Aegis Logistics, Balkrishna Industries, Cholamandalam Investment, DLF, Hindustan Petroleum Corporation, IDBI Bank, Inox Wind, Jammu & Kashmir Bank, Krsnaa Diagnostics, Macrotech Developers, NLC India, Nuvama Wealth Management, Poonawalla Fincorp, Praj Industries, Shriram Finance, Texmaco Rail & Engineering, Torrent Pharmaceuticals, and UTI Asset Management Company will release quarterly earnings scorecard on October 25.

📈Quarterly Earnings

📊ITC Q2 (Standalone YoY)
Profit grows 3.07% to Rs 5,078.3 crore Vs Rs 4,927 crore
Revenue jumps 16.8% to Rs 19,327.7 crore Vs Rs 16,550 crore
EBITDA increases 4.9% to Rs 6,335.2 crore Vs Rs 6,041.6 crore
Margin declines 370 bps to 32.8% Vs 36.5%
📊IndusInd Bank Q2 (Standalone YoY)
Profit drops 39.2% to Rs 1,325.5 crore Vs Rs 2,181.5 crore
Net interest income grows 5.3% to Rs 5,347.3 crore Vs Rs 5,076.7 crore
Provisions and contingencies jumps 87% to Rs 1,820.1 crore Vs Rs 973.8 crore
Provisions and contingencies spikes 73.4% to Rs 1,820.1 crore Vs Rs 1,049.8 crore (QoQ)
Gross NPA rises to 2.11% Vs 2.02% (QoQ)
Net NPA increases to 0.64% Vs 0.60% (QoQ)
📊Godrej Consumer Products Q2 (Consolidated YoY)
Profit grows 13.5% to Rs 491.3 crore Vs Rs 432.8 crore
Revenue increases 1.8% to Rs 3,666.3 crore Vs Rs 3,602 crore
EBITDA rises 7.9% to Rs 759.6 crore Vs Rs 704.2 crore
Margin expands 120 bps to 20.7% Vs 19.5%
Company announces interim dividend of Rs 5 per share
Indian Energy Exchange Q2 (Standalone YoY)
Profit jumps 28% to Rs 106.1 crore Vs Rs 82.9 crore
Revenue grows 28.3% to Rs 139.2 crore Vs Rs 108.5 crore
EBITDA surges 30.5% to Rs 120.3 crore Vs Rs 92.2 crore
Margin increases 140 bps to 86.4% Vs 85%
📊Cyient Q2 (Consolidated QoQ)
Profit zooms 26.4% to Rs 186.6 crore Vs Rs 147.6 crore
Revenue grows 10.3% to Rs 1,849.1 crore Vs Rs 1,675.7 crore
EBIT jumps 15.8% to Rs 230.7 crore Vs Rs 199.2 crore
Margin expands 60 bps to 12.5% Vs 11.9%
Company declares interim dividend of Rs 12 per share for FY25
Cyient acquires Abu Dhabi & Gulf Computer Est, and 27.3% stake in Azimuth AI, a fabless custom ASIC company
📊NTPC Q2 (Standalone YoY)
Profit jumps 19.66% to Rs 4,649 crore Vs Rs 3,885 crore
Revenue declines 1.3% to Rs 40,327.6 crore Vs Rs 40,875.3 crore
EBITDA falls 8.2% to Rs 9,676.3 crore Vs Rs 10,537.5 cror
Margin drops 180 bps to 24% Vs 25.8%

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 Updates-
Asian Markets closed in Green🟢
NASDAQ100 - 🔴
DowJones - Flat
Nifty50 Trend is Positive.🟢
And ready to hit another ATH after some consolidation.
🎯Resistance based on pivot points:
25,830, 25,950, and 26,112 &
🎯Support based on pivot points: 25,527, 25,428, and 25,266

🚨 Bank Nifty Key Levels Alert! 🚨

🔹 53738

📉 Buy Above 53738:🎯25937,54104,54309,54535

📈 Sell Below 53738:🎯53568,53386

📊IPO Updates - 23-09-24 🔍

👉🏼 Manba Finance IPO opens today

Grey Market Premium - ₹60

Est. Listing - ₹180 (50% Profit) 🔥

📊Sectors to focus this Week:

Metals - Hindalco, TataSteel

Metals can be very Good Bullish

Realty - DLF, GodrejProp

Banks- HDFCBANK can hit 1800 and reverse, ICICIBANK

IT - Can show some bullish Reversal

📊HIND COPPER

1-Stock forming base.
2- Falling registance breakout possible .
3-Need Volume support.
4-keep tracking Keep learning.

This is not a buy or sell recommendation as we are not SEBI registered

📊ESCORT

1-Stock is up Trend .
2-symmetric triangle Breakout .
3-Volume pop up.
4-keep tracking Keep learning.

This is not a buy or sell recommendation as we are not SEBI registered

📈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.

📊FLUOROCHEM (GUJRAT FLUOROCHEM LTD):
1. Looking good in weekly/daily timeframes.
2. Price Action and indicators are aligned.
3. Can go long on this stock for 28-30% (4900-5000).

📊Stock Name :- SHARDA CROPCHE

👉 Stock looking Bullish 🐂
👉 Consoliding near breakout 👌
👉 Amazing volume

Not buy sell recommendation

📊Stock Name :- NECTAR LIFE SCIENCES LTD 🙏👇

👉 Chart is so attractive
👉 Company belongs to pharma
👉 Stock below 50
👉 Follow stop loss

📊Stock Name :- AGS TRANSACT TECH LTD 😊🙏

👉 Stock Looking Good 😊
👉 Volume formation is good
👉 It can give good returns

Not buy sell recommendation

📊Amber Enterprise: Co Approved The Proposal For Acquiring The Business Of Amberpr Technoplast India Private Limited, The Wholly Owned Subsidiary Of The Co (“amberpr”)

📊Zaggle Prepaid Ocean: Co Has Entered Into An Agreement With Fcm Travel Solutions (india) Private Limited || Partnership Agreement To Offer Corporate Travel Services To Zaggle’s Corporate Customers

📊Ami Organics: Co Inform That Pmda Japan Has Issued Inspection Result Report Declaring The Sachin Facility As A Good Manufacturing Practices (gmp) Compliant

📊Satin Creditcare: Board Meeting On Sept.11 To Consider The Fund Raising Proposal By Way Of Issuance Of Listed, Secured, Non-convertible Bonds On Private Placement Basis

Goldiam International: Co Wins Order Worth 70 Cr Rupees

Goldiam International: Co Says Cumulative Orders Book Has Surpassed Rs.200 Crores, Marking A Significant Milestone

📱 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.

📊📊HFCL introduces suite of new high performance cable solutions at ISE EXPO 2024 - HFCL today introduced a suite of new high performance cable solutions at ISE EXPO 2024 in Dallas, Texas, USA. First, HFCL introduced a product line of high-density single-jacket single-armor Intermittently Bonded Ribbon (IBR) cables with 144-1728 fibers, a development which was recognized with the presentation of an ISE Innovators Award. Second, HFCL expanded its award-winning Nano Thin product line of loose tube microcables to add a 10.6mm diameter 864 fiber cable.

🔼ZOMATO Co. To buy 100 % Stake In Patym's Movie & Event Ticketing Biz Wasteland Entertainment Private 
Limited (“WEPL”) And Orbgen Technologies Private Limited (“OTPL”) For Rs 783 Cr And 1264 Cr

📈RVNL: signed an MoU with a Malaysia-based company to participate in the railway infrastructure projects in the ASEAN market.

🔼NAZARA TECH: CO INFUSES GBP 4.2M AND EXTENDS GBP 16.9M (183 CR RUPEES) LOAN TO UNIT NAZARA UK FOR STRATEGIC ACQUISITION IN GAMING SECTOR

GMR AIRPORTS INFRA: CO RECEIVED LOA FROM DELHI INTERNATIONAL AIRPORT LTD TO DEVELOP, OPERATE, MANAGE AND MAINTAIN THE DUTY-FREE OUTLETS AT THE IGI AIRPORT, NEW DELHI

🕯Big IPO of Bajaj Housing Finance is expected to open in early September 2024.

All brokers are fully active and according to GMP Websites, it is showing good demand.

Expected Price around 75/-

GMP 30/-
Big HNI Kostak 17000/-

Make sure to buy 1 share of either Bajaj Finserv or Bajaj Finance for eligibility in Shareholder's Quota before company files RHP.

📈Deepak fertilizer (# DeepakFert)
Current price: 1052/-
Today's breakout is possible in this stock above 1060 🔼⬆️

#stockinformationTHA

🕯 Companies With High Promoters Pledge

1) Bajaj Hindustan 100%
2) Thyrocare 100%
3) Vedanta 99.99%
4) Polyplex 99.94%
5) Orient Green 99.92%
6) Hindustan Zinc 99.04%
7) Shilpa Medicare 90.41%
8) Rattan India Power: 88.65%
9) Sagar Cement 79.89%
10) HCC 76.85%
11) Shalimar Paints: 66.16%
12) Strides Pharma: 64.65%
13) Genus Power: 61.60%
14) IRB Infra: 55.27%
15) Medplus: 54.17%

🔥7 Stocks to watch for short term 💯

1) #PEL - Reversal above 1000 📈

2) #DLF - New leg up

3) #TV18 - Reversal

4) #GreavesCotton - For Breakout 💥

5) #PVR - Above 1500 if hold - BO

6) #HDFCLIFE - Breakout likely ✅

7) #Mufti - Reversal

👉Stock In News | Petronet LNG has signed a new gas supply agreement with Sri Lankan company LTL Holdings, opening up additional offtake opportunities for its Kochi terminal

📈GIFT Nifty indicates a flat start
- E2E Networks secures Rs 420 crore through a preferential issue of equity shares
-Cyient to sell 14.5% stake in Cyient DLM
-Reliance Jio added 1.91 mn subscribers in June
Bharti Airtel added 1.25 mn subscribers in June
-VI lost 0.86 mn subscribers in June
-Ola's scooters S1 X have received certification under the PLI scheme
-Genus Power Infrastructures' wholly owned subsidiary has secured 3 LOA worth Rs 3608cr

👉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
📞

⏱Today's Market Snapshot

📈Companies With High Cash & Low Debt

1) Coal India: 30,235 Cr
2) HAL: 26,422 Cr
3) HCL Tech: 20,150 Cr
4) Infosys: 14,786 Cr
5) TCS: 13,286 Cr
6) NMDC: 12,364 Cr
7) HUL: 7560 Cr
8) ITC: 7218 Cr
9) OIL India: 5937 Cr
10) Tech Mahindra: 4736 Cr
11) Maruti: 2827 Cr
12) ZF Commercial: 1300 Cr
13) Bajaj Auto: 1000 Cr
14) Cipla: 1000 Cr
15) Lakshmi Machine: 1000 Cr
16) MOIL: 800 Cr
17) Hero MotoCorp: 700 Cr
18) Avenue Supermart: 638 Cr
19) Elentas Beck: 350 Cr
20) Goodyear: 150  Cr

🕯JSW Cement has filed for a 4,000 Crore ₹ IPO Today.

☄️DCX Systems: Co Gets Order Worth 1.07b Rupees  From Domestic & Overseas Customers For Supply Of Electronic Kits And  Cable & Wire Harness Assemblies
☄️Jubilant Pharmova: Co To Invest Up To €14.4m  Over 7 Years, Including €4.4m For 80% Stake In The New Company || Pierre  Fabre May Hire Services Worth €7m From Jubilant Biosys For First 4  Years

📊 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