Nifty 17387.5 (-0.08%)
Sensex 58438.9 (-0.04%)
Nifty Bank 36592.85 (0.23%)
Nifty IT 36195.7 (0.10%)
Nifty Financial Services 18036.85 (0.30%)
Adani Ports 740.80 (0.23%)
Asian Paints 3150.75 (-0.94%)
Axis Bank 679.60 (0.52%)
B P C L 385.75 (1.82%)
Bajaj Auto 3316.85 (-0.35%)
Bajaj Finance 7153.95 (-0.37%)
Bajaj Finserv 17720.00 (-0.21%)
Bharti Airtel 722.00 (-1.44%)
Britannia Inds. 3567.50 (-0.31%)
Cipla 912.35 (-0.97%)
Coal India 158.70 (-0.38%)
Divis Lab. 4740.00 (-0.78%)
Dr Reddys Labs 4618.00 (-0.96%)
Eicher Motors 2482.00 (1.24%)
Grasim Inds 1729.00 (0.30%)
H D F C 2796.00 (-0.42%)
HCL Technologies 1177.15 (-0.64%)
HDFC Bank 1528.55 (0.18%)
HDFC Life Insur. 701.40 (-0.55%)
Hero Motocorp 2474.35 (0.07%)
Hind. Unilever 2373.15 (-0.43%)
Hindalco Inds. 428.65 (-0.80%)
I O C L 121.95 (1.08%)
ICICI Bank 722.25 (-0.02%)
IndusInd Bank 945.70 (0.02%)
Infosys 1766.50 (1.04%)
ITC 223.90 (-0.69%)
JSW Steel 645.85 (-0.14%)
Kotak Mah. Bank 1973.85 (0.49%)
Larsen & Toubro 1833.30 (2.46%)
M & M 848.15 (-0.16%)
Maruti Suzuki 7263.50 (-0.84%)
Nestle India 19226.10 (-1.42%)
NTPC 128.75 (0.04%)
O N G C 145.30 (0.90%)
Power Grid Corpn 214.85 (0.16%)
Reliance Industr 2466.30 (-0.67%)
SBI Life Insuran 1174.60 (-1.13%)
Shree Cement 26231.65 (-0.22%)
St Bk of India 477.75 (0.16%)
Sun Pharma.Inds. 759.15 (-0.93%)
Tata Consumer 769.80 (-0.45%)
Tata Motors 478.60 (-0.10%)
Tata Steel 1106.10 (-0.57%)
TCS 3635.00 (-0.22%)
Tech Mahindra 1621.70 (-0.49%)
Titan Company 2376.90 (-0.40%)
UltraTech Cem. 7387.00 (0.87%)
UPL 705.50 (1.05%)
Wipro 643.75 (-0.47%)

Best Defensive Stocks That Gave Outstanding Returns

by 5paisa Research Team 05/09/2021

One narrative you heard in the last few days is that defensive stocks have done very well. What exactly are defensive stocks? There are no hard and fast classification, but defensive stock have 3 characteristics. Firstly, demand for their products is perennial in nature. Seasonal products and services are out. Secondly, defensives are not subject to cycles like metals and cement stocks. Lastly, defensive stocks generally enjoy high levels of ROE and possibly higher P/E too. 

8 defensive stocks and how they performed:
 

Defensive Stock

CMP (03-Sep)

YTD Returns (%)

Nifty YTD

Aug-21 (%)

Nifty Aug-21

Hindustan Unilever

₹ 2,767

15.51%

23.90%

16.75%

8.69%

Avenue Supermarts

₹ 3,939

42.52%

23.90%

12.71%

8.69%

Dabur Ltd

₹ 641

20.04%

23.90%

3.46%

8.69%

TCS

₹ 3,842

34.21%

23.90%

19.54%

8.69%

Infosys Ltd

₹ 1,701

35.42%

23.90%

5.96%

8.69%

Wipro Ltd

₹ 655

69.61%

23.90%

9.16%

8.69%

Sun Pharma

₹ 789

33.27%

23.90%

2.60%

8.69%

Cipla Ltd

₹ 941

14.78%

23.90%

3.02%

8.69%

Data Source: NSE

1)    Hindustan Unilever: India’s largest FMCG company has seen robust demand post pandemic and managed to pass on input cost spikes to customers. HUL outperformed Nifty in Aug-21 but underperformed Nifty YTD.

2)    Avenue Supermarts: The owner of D-Mart brand saw retail sales and per store profits pick up sharply, despite COVID 2.0. Avenue Supermarts outperformed Nifty in Aug-21 and also YTD.

3)    Dabur Ltd: The stock has seen good traction from its Ayurvedic FMCG brands, especially health drinks and immunity builders. It has been a steady performer in 2021.

4)    TCS Ltd: The Tata software giant made the best of rising tech spend globally. While TCS does not give guidance, it saw operating margins steady. TCS outperformed Nifty in Aug-21 and also on YTD basis.

5)    Infosys Ltd: The stock has been consistently re-rated in the last one year as it closed in its OPM gap with TCS and gave robust guidance. Infosys outperformed Nifty on YTD basis but returns were lower than Nifty in Aug-21.

6)    Wipro Ltd: The new CEO, Thierry Delaporte, has brought in aggression and focus on high value clients. The impact is visible in the price. Wipro also outperformed Nifty in Aug-21 and also on YTD basis.

7)    Sun Pharma: The company has managed to integrate its Ranbaxy acquisition and exit its financial ventures. It also benefited from the pandemic demand. Sun Pharma outperformed Nifty on YTD basis, though not necessarily in Aug-21.

8)    Cipla Ltd: The Mumbai based pharma company has gained from COVID focus as also it recent inorganic focus on bio-similars. Cipla has been a solid performer in 2021.

With Nifty and Sensex at all-time highs, institutions and HNI clients are showing a clear preference for defensive picks.

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Vijaya Diagnostic IPO Allotment - How to Check the Allotment Status?

Vijaya Diagnostic Centre IPO Allotment
05/09/2021

The Rs.1,895 crore IPO of Vijaya Diagnostic Centre, consisting entirely of an offer for sale (OFS), was subscribed 4.54X overall at the close of bidding on 03 September. The basis of allotment will be finalized on 08 September. If you have applied for the IPO, you can check your allotment status online. 

You can either check your allotment status on the BSE website or the IPO registrar, KFINTECH Private Limited (formerly Karvy Computershare). Here are the steps.

Checking the allotment status of Vijaya Diagnostic Centre on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below https://www.bseindia.com/investors/appli_check.aspx

Once you reach the page, here are the steps to follow.
•    Under Issue Type – Select Equity Option
•    Under Issue Name – Select Vijaya Diagnostic Centre from the drop down box
•    Enter the Application Number exactly as in the acknowledge slip
•    Enter the PAN (10-digit alphanumeric) number
•    Once this is done, you need to click on the Captcha to verity that you are not a robot
•    Finally click on the Search Button


The allotment status will be displayed on the screen in front of you informing about the number of shares of Vijaya Diagnostic Centre IPO allotted to you.

Checking the allotment status of Vijaya Diagnostic Centre on KFINTECH (Registrar to IPO)

Visit the KFINTECH registrar website for IPO status by clicking on the link below:
https://rti.kfintech.com/ipostatus/

Once you click on Recent IPOs, the dropdown will only show the active IPOs, so once the allotment status is finalized, you can select Vijaya Diagnostic Centre from the drop down box.


•    There are 3 options. You can either Query the allotment status based on PAN, Application Number or DPID-Client ID combination.

•    To Query by PAN, check the appropriate box and follow these steps.
o    Enter the 10-digit PAN number
o    Enter the 6-digit Captcha Code
o    Click on Submit button
o    Allotment status gets displayed on screen

•    To Query by Application Number, check the appropriate box and follow these steps.
o    Select Application Type (ASBA or Non-ASBA)
o    Enter the Application Number as it is
o    Enter the 6-digit Captcha Code
o    Click on Submit button
o    Allotment Status gets displayed on screen

•    To Query by DP-ID, check the appropriate box and follow these steps.
o    Select the depository (NSDL / CDSL)
o    Enter the DP-ID
o    Enter the Client-ID
o    Enter the 6-digit Captcha Code
o    Click on Submit button
o    Allotment Status gets displayed on screen
 

Also Read: 

Upcoming IPOs in 2021

IPOs in September

7 Interesting Facts to Know About Vijaya Diagnostics IPO

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Ami Organics IPO Allotment - How to Check the IPO Allotment Status

Ami Organics IPO Allotment
05/09/2021

The Rs.570 crore IPO of Ami Organics, consisting of Rs.200 crore fresh issue and Rs370 crore OFS, was subscribed 64.54X overall at the close of bidding on 03 September. The basis of allotment will be finalized on 08 August. If you have applied for the IPO, you can check your allotment status online. 

You can either check your allotment status on the BSE website or the IPO registrar, Link Intime. Here are the steps.

Checking the allotment status of Ami Organics on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below https://www.bseindia.com/investors/appli_check.aspx 

Once you reach the page, here are the steps to follow.

•    Under Issue Type – Select Equity Option
•    Under Issue Name – Select Ami Organics from the drop down box
•    Enter the Application Number exactly as in the acknowledge slip
•    Enter the PAN (10-digit alphanumeric) number
•    Once this is done, you need to click on the Captcha to verity that you are not a robot
•    Finally click on the Search Button

The allotment status will be displayed on the screen in front of you informing about the number of shares of Ami Organics allotted to you.

Checking the allotment status of Ami Organics on Link Intime (Registrar to IPO)

Visit the Link Intime registrar website for IPO status by clicking on the link below:
https://linkintime.co.in/MIPO/Ipoallotment.html

This dropdown will only show the active IPOs, so once the allotment status is finalized, you can select Ami Organics from the drop down box.

•    There are 3 options. You can either access the allotment status based on PAN, Application Number or DPID-Client ID combination.

•    Select the appropriate option you want to use and enter the details (PAN / Application Number / DPID-Client ID)

•    Finally, click on the Search button

The IPO status with number of shares of Ami Organics allotted will be displayed on the screen.

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Chemspec Chemicals and Northern Arc get SEBI IPO approval

Chemspec Chemicals and Northern Arc get SEBI IPO approval
by 5paisa Research Team 06/09/2021

SEBI has approved the IPO proposals of Chemspec Chemicals and Northern Arc Capital. Both these companies had filed the DRHP with SEBI towards the end of July. While Chemspec Chemicals is a specialty chemicals company, Northern Arc is a non-deposit taking NBFC registered with the RBI.

Chemspec has received approval for its Rs.700 crore IPO, which will entirely be an offer for sale (OFS). There will be 3 of the promoters / early investors participating in the offer for sale. The selling shareholders include Mitul Vora (Rs.233.30 crore), Rushabh Vora (Rs.233.30 crore) and Bhakchand Amoluk Consultancy LLP (Rs.233.40 crore). 

Chemspec manufactures additives that go into ingredients for manufacturing skin and haircare FMCG products. In addition, Chemspec also manufactures intermediates that go as inputs for manufacture of pharmaceutical APIs (Active Pharma Ingredients). Chemspec currently has manufacturing capacity of 6,000 tonnes per annum (TPA).

Northern Arc Capital, on the other hand, will be a combination of fresh issue and an offer for sale. The IPO will entail a fresh issue worth Rs.300 crore plus an OFS of 3.652 crore shares by the promoters and early investors. Some of the participant sellers in the OFS include Leapfrog Financial Inclusion Fund, Eight Roads Investments Mauritius, Dvara Trust and IIFL Special Opportunities Fund.

The fresh issue component of Rs.300 core will be used by Northern Arc Capital to boost its capital adequacy ratio. The CRAR is already comfortable at 28.89%, which includes Tier-I capital ratio of 27.62%. Being an NBFC, Northern Arc provides access to credit for the under-served segments. Northern Arc has an AUM (assets under management) of Rs.5,221 crore as of Mar-21. Northern Arc has a fairly widespread network across India and has presence in 657 districts spread across 28 states.

The dates for the Chemspec Chemicals IPO and the Northern Arc IPO are yet to be finalized. The IPO dates and other details like price bands will be finalized in the next couple of weeks in consultation with the lead managers.

 

Also Read: 

Upcoming IPOs in 2021

IPOs in September

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Energetic Rally in the IRCTC Stock

Energetic Rally in the Stock of IRCTC
by 5paisa Research Team 06/09/2021

When we talk of ecommerce value creators, the first names that come to our mind are Flipkart, Byju’s, Zomato and Paytm. There was been one listed ecommerce ticketing player doing phenomenally well since its listing in Aug-19. IRCTC came out with its IPO at Rs.320 and got listed in mid-August 2019. Over the last 2 years, the stock price has grown 10-fold from Rs.320 to Rs.3,295, an incredible 221% CAGR.

IRCTC

 

In the last 10 months since November 2020, IRCTC has grown 2.55 times from Rs.1,290 to Rs.3,295. What triggered such a sharp bounce at a time when Sensex gave around 30% returns? There are 3 factors that can explain this rally since the lows of November 2020.

1)    The rapid opening up of economic activity, post COVID 2.0, is likely to be a big boost. It is expected that by December the vaccination process should be done and rail activity should resume in totality. That is a big boost to IRCTC.

2)    The National Monetization Plan worth Rs.600,000 crore will entail intense private participation in highways and railways. IRCTC will not be constricted by the monopoly of the Indian Railways as private trains will give a big boost to IRCTC.

3)    Lastly, there is a huge investment planned in rail infrastructure and that would mean greater efficiency in the railway network and deeper business prospects for IRCTC. All these factors helped the IRCTC stock in the last 10 months.

Don’t forget the Zomato effect

Most people may not have noticed this, but just look at the performance of IRCTC since the day of Zomato listing on 23rd July. IRCTC is up 42% since the day of Zomato listing. What is the link? It shows that IRCTC with its incredible digital reach may actually be a very cheap franchise on the digital edge that it holds. That could unfold in the coming months.
 

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5 Mantras of Technical Trading

5 Mantras of Technical Trading
by 5paisa Research Team 06/09/2021

5 Mantras of Technical Trading

 

 A way to analyse: Technical analysis looks at things like prices, trading volume, and price movements to understand the direction in which an investment would move and indicate entry and exit levels. It can help you identify the trend in prices, the strength in trend, and indicate when the trend starts becoming weak.

 Trend line: When a stock trades, it has an opening price, a closing price, a high price for the day, and a low price for the day. When you connect a particular price point, for example closing prices, over a period of time, you get a trend line. If closing prices have been increasing, the trend line will keep moving up and if closing prices are decreasing, the trend line will move down.

 Volume: When a security trades it means that there are people who buy and sell the security at a certain price point. If the buyer’s and the seller’s price match then a trade takes place. The number of trades that take place indicate the volume.

 Momentum: This measures the rate at which the price of a stock increases or decreases. Thus, it can help you understand whether the ongoing trend in price movements is weak or strong. Generally, momentum indicators work better in bull markets than in bear markets. Also Read Bulls and bears: What do they mean

 Moving Averages: Price movements can sometimes be very sharp and thus, have an impact on your analysis. When you take the average price over a period of time, then the price trend line becomes smoother. A moving average is more dynamic in nature as it keeps adding the price movement of another day, thereby capturing the latest price information.

 

Log in to www.5paisa.com to learn more about technical analysis.

 

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