Nifty 17196.7 (-1.18%)
Sensex 57696.46 (-1.31%)
Nifty Bank 36197.15 (-0.85%)
Nifty IT 35848.05 (-0.86%)
Nifty Financial Services 17779.5 (-1.13%)
Adani Ports 737.45 (-0.22%)
Asian Paints 3110.45 (-2.21%)
Axis Bank 673.00 (-0.46%)
B P C L 385.90 (1.86%)
Bajaj Auto 3287.85 (-1.22%)
Bajaj Finance 7069.25 (-1.55%)
Bajaj Finserv 17488.70 (-1.52%)
Bharti Airtel 718.35 (-1.94%)
Britannia Inds. 3553.75 (-0.69%)
Cipla 912.05 (-1.00%)
Coal India 159.75 (0.28%)
Divis Lab. 4757.05 (-0.42%)
Dr Reddys Labs 4596.50 (-1.42%)
Eicher Motors 2455.55 (0.16%)
Grasim Inds 1703.90 (-1.16%)
H D F C 2771.65 (-1.29%)
HCL Technologies 1171.40 (-1.12%)
HDFC Bank 1513.55 (-0.80%)
HDFC Life Insur. 690.95 (-2.03%)
Hero Motocorp 2462.45 (-0.41%)
Hind. Unilever 2343.65 (-1.66%)
Hindalco Inds. 424.65 (-1.72%)
I O C L 122.20 (1.28%)
ICICI Bank 716.30 (-0.84%)
IndusInd Bank 951.15 (0.59%)
Infosys 1735.55 (-0.73%)
ITC 221.65 (-1.69%)
JSW Steel 644.55 (-0.34%)
Kotak Mah. Bank 1914.20 (-2.55%)
Larsen & Toubro 1801.25 (0.67%)
M & M 836.95 (-1.48%)
Maruti Suzuki 7208.70 (-1.59%)
Nestle India 19321.35 (-0.93%)
NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
Power Grid Corpn 206.10 (-3.92%)
Reliance Industr 2408.25 (-3.00%)
SBI Life Insuran 1165.95 (-1.86%)
Shree Cement 25914.05 (-1.43%)
St Bk of India 473.15 (-0.81%)
Sun Pharma.Inds. 751.80 (-1.89%)
Tata Consumer 774.30 (0.14%)
Tata Motors 480.10 (0.21%)
Tata Steel 1118.00 (0.50%)
TCS 3640.45 (-0.07%)
Tech Mahindra 1593.30 (-2.23%)
Titan Company 2369.25 (-0.72%)
UltraTech Cem. 7332.45 (0.13%)
UPL 712.75 (2.08%)
Wipro 640.75 (-0.94%)

5 Stocks to Buy Today: October 21, 2021

5 Stocks to Buy Today: October 21, 2021
by 5paisa Research Team 21/10/2021

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.

List of 5 Stocks to Buy Today October 21

1. TRANSPORT CORPORATION (TCI)

TRANSPORT CORPORATION Stock Details for Today

- Current Market Price: Rs. 561

- Stop Loss: Rs. 545

- Target 1: Rs. 580

- Target 2: Rs. 595

- Holding Period: One week

5paisa Recommendation: Our technical experts see end in sideways move of the stock hence making this stock best stock to buy.

 

2. METROPOLIS HEALTHCARE (METROPOLIS)

METROPOLIS HEALTHCARE Stock Details for Today: 

- Current Market Price: Rs. 2,908

- Stop Loss: Rs. 2,830

- Target 1: Rs. 2,970

- Target 2: Rs. 3,100

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects further buying in the stock and recommends buying this stock.

 

3. ZEE ENTERTAINMENT (ZEEL)

ZEE ENTERTAINMENT Stock Details for Today: 

- Current Market Price: Rs. 320

- Stop Loss: Rs. 312

- Target 1: Rs. 328

- Target 2: Rs. 343

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

 

4. PNC INFRATECH (PNCINFRA)

PNC INFRATECH Stock Details for Today: 

- Current Market Price: Rs. 358

- Stop Loss: Rs. 350

- Target 1: Rs. 367

- Target 2: Rs. 381

- Holding Period: 1 week

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.

 

5. BHEL (BHEL)

BHEL Stock Details for Today: 

- Current Market Price: Rs. 73

- Stop Loss: Rs. 70

- Target 1: Rs. 77

- Target 1: Rs. 83

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock best stock to buy.

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Top performing SIPs in the last five years

Top performing SIPs in the last five years
by 5paisa Research Team 21/10/2021

SIPs have become the most convenient way of investing in mutual funds. Recently, they have crossed the Rs 10,000 crore mark.

Systematic Investment Plan (SIP) has been gaining popularity among Indian investors. It is reflected in the rise of investment through the SIP route. At the end of September 2021, investment through this route has crossed the import market of Rs 10,000. The reason for such a rise is its convenience in investing. It is an investment mode through which you can invest in mutual funds, a systematic method of investing fixed amounts of money periodically. This can be monthly, quarterly or semi-annual. You can choose the frequency accordingly.

In the last five years, on average 353 equity dedicated mutual funds have generated a SIP return of 21.87%. This means that every Rs 5000 invested every month for five years would have turned to Rs 5.46,255. Your total investment would be Rs 3,00,000.

Following is the list of Top 10 equity dedicated funds based on the last five-year SIP returns. 

Fund Name  

5 Yr SIP Ret (%)  

Point to Point Returns (%)  

Category  

Expense Ratio (%)  

Net Assets (Cr)  

Final Value of Rs 5000 Monthly SIP  

Baroda Multi Cap Fund - Direct Plan  

46.43  

27.22  

Multi-Cap  

1.54  

1,156  

₹ 11,75,069.85  

Edelweiss Greater China Equity Off-shore Fund - Direct Plan  

45.90  

29.68  

International  

1.43  

1,845  

₹ 11,54,777.73  

HDFC Index Fund - Sensex Plan - Direct Plan  

41.43  

21.59  

Large Cap  

0.2  

2,651  

₹ 9,98,428.10  

HDFC Top 100 Fund - Direct Plan  

39.82  

18.18  

Large Cap  

1.15  

21,520  

₹ 9,48,072.40  

Nippon India Large Cap Fund - Direct Plan  

36.92  

19.79  

Large Cap  

1.08  

11,332  

₹ 8,64,467.85  

BNP Paribas Large Cap Fund - Direct Plan  

35.62  

23.96  

Large Cap  

1.01  

1,237  

₹ 8,29,742.57  

Kotak Sensex ETF Fund  

35.46  

21.7  

Large Cap  

0.28  

21  

₹ 8,25,580.08  

IDFC Nifty ETF  

35.18  

21.34  

Large Cap  

0.08  

22  

₹ 8,18,353.18  

Franklin India Prima Fund - Direct Plan  

34.32  

22.52  

Mid Cap  

1.11  

8,157  

₹ 7,96,606.12  

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This Adani stock has turned to become a huge multibagger in 2021

This Adani stock has turned to become a huge multibagger in 2021.
by 5paisa Research Team 21/10/2021

Adani Total Gas exploded with an unreal growth of 625% year-to-date.

One of the most exceptional stocks in terms of generating huge returns for Adani Group has been none other than Adani Total Gas Ltd (ATGL). It has been a top-notch multibagger for its shareholders. If you had invested Rs 1 lakh in the stock, it would have turned out to be about Rs 7.25 lakh in just one year. This is massive wealth creation. This stock has been one of the major reasons why Gautam Adani became the second richest person in Asia.

Is the growth backed by the fundamentals?

For the six months trailing from October 21, 2021, the multibagger stock has performed poorly relative to the first half of YTD. It has generated a return of just about 20% in the last six months and that was primarily due to poor fundamental performance in Q1FY22. Net sales in Q1 stood at Rs 522 crore which witnessed a sequential decline of 15%. The net profit decreased by 4.4% sequentially to Rs 138.4 crore. For the last three months, the stock has been hovering around Rs 1400 levels.

The macroeconomic perspective

India is looking forward to adopting cleaner forms of energy among which natural gas is a popular alternative. GOI intends to increase the use of natural gas to 15% by 2030 in its fuel mix, which currently stands at about 6.2%. Without a doubt, this multibagger company is one of the largest players in the space and investors have implied huge growth opportunities in the current share price.

ATGL is developing city gas distribution (CGD) networks to supply natural gas to residential, industrial, commercial segments and also provide CNG for transport. On October 21, 2021, the stock was trading at Rs 1440, up by 3.2% as of 12:30 pm on the BSE.

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These midcap stocks turned multibagger for Ashish Kacholia in 2021

Trending personality post.
by 5paisa Research Team 21/10/2021

While BSE midcap index is up 42% YTD, the top holdings of Ashish Kacholia have outperformed the index.

With an astronomical return of 250% from one of his mid-cap picks, Ashish Kacholia is surely catching the attention of investors.

2021 outperformers of Ashish Kacholia YTD:

1.Ashish Kacholia has a stake of 2.40% in this mid-cap software solution provider company Mastek Ltd. The portfolio worth is Rs 206.9 crore, quantity held is 700,000 shares. The stock has surged from Rs 1,209 to Rs 2,896 in 2021, which in 10 months registered a 140% return. This is the top holding of his portfolio, where he decreased 0.5% stake in the September quarter.

2.The second outperformer is HLE Glasscoat Ltd, he has a stake of 1.40% in this mid-cap glass-lined equipment manufacturing company. His portfolio worth is Rs 128.9 crore, quantity held is 191,602 shares. The stock has surged from Rs 1,933 to Rs 6,830, it registered a return of 253% in a similar time horizon. No change in the September quarter.

3.Third outperformer is Poly Medicure Ltd, Ashish Kacholia has a stake of around 1.70% in this mid-cap medical equipment manufacturing company. The portfolio worth is Rs 152.7 crore, quantity held is 1,600,000 shares. The stock has surged from Rs 509 to Rs 960 in 2021 which is in a period of 10 months registered 89% return. No change in the September quarter.

Ashish Kacholia is known for investing in small and midcap stocks which have given multibagger returns for him. He started his career with Prime Securities and later moved to Edelweiss’ equity research desk. Later, he started his broking firm named Lucky Securities. From 2003, Kacholia started focusing on building his portfolio.

As per the latest corporate shareholdings filed, Ashish Kacholia publicly holds 27 stocks with a net worth of over Rs 1,670.9 crore quoted by trendlyne.

Currently, he is quite bullish in general industrials, software and services, chemicals and petrochemicals industries, around 55% of his portfolio is invested in these sectors.

Do you own any stocks in these sectors? 

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Asian Paints Q2 net profit slumps 29% on surge in input costs; shares slip

by 5paisa Research Team 21/10/2021

Asian Paints Ltd on Thursday reported a steep decline in its consolidated net profit for the second quarter through September, dragged down by a big jump in its input costs.

Consolidated net profit for the July-September period decreased 29% to Rs 605.17 crore from Rs 851.90 crore in the corresponding period last year, India’s biggest paints company said.

Consolidated revenue from operations increased 32.6% to Rs 7,096.01 crore from Rs 5,350.23 crore a year earlier.

Profit was hurt by higher expenses, with the cost of materials consumed soaring 73% during the quarter to Rs 4,570 crore.

The sharp drop in quarterly profit prompted investors to dump the company’s shares. Its stock fell 5.4% to Rs 2,998 apiece on the BSE, where the benchmark Sensex was down 1% in afternoon trade.

Asian Paints Q2: Other key highlights

1) Q2 profit before depreciation, interest, tax and other income (PBDIT) decreased 28.5% to Rs 904.45 crore.

2) Q2 profit before tax decreased 27.9% to Rs 826.24 crore from Rs 1,145.52 crore.

3) Standalone revenue from operations for Q2 increased 35.9% while standalone net profit dropped 22%.

4) Total consolidated expenses jumped to Rs 6,418 crore from Rs 4,299 crore a year earlier.

5) For the six months ended September 30, consolidated revenue increased 53.3% to Rs 12,681.37 crore.

6) Consolidated net profit for the April-September period rose 10% to Rs 1,179 crore.

Asian Paints management commentary

Amit Syngle, Managing Director and CEO of Asian Paints, said steep inflation in raw material prices since the beginning of 2021 impacted gross margins across all businesses during the quarter.

“We have taken a series of price increases and would look at further price increase to mitigate the impact of this persistently high inflation and are confident that we should be able to turn this around strongly in the coming quarter,” he said.

Syngle also said that the domestic decorative business continued to move ahead on its high growth trajectory with a 34% volume growth in the quarter and strong compound growth rates over the last two years. The industrial coatings business registered strong double-digit revenue growth led by robust demand for protective coatings and uptick in the automotive sector. The home improvement business registered its highest quarterly revenue.

Performance in the international business was a mixed bag, Syngle said. While South Asian markets recorded good growth, markets in Middle East and Africa were sluggish with challenges around Covid-19 and forex availability, he added.

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Keep Axis Bank on your radar!

Keep Axis Bank on your radar!
by 5paisa Research Team 21/10/2021

Axis Bank rallied almost 500 points since March 2020. It further entered into a consolidation phase forming an interesting price chart pattern. Read on to find out more.  

Post the fall in March 2020, Bank Nifty made a comeback stupendously by rallying almost 23,900 points or 148%. As a matter of fact, its trend seems to be very much bullish. Even Axis Bank, having a weightage of 12.36% in Bank Nifty, has also rallied similarly. Presently, it is consolidating in a range-bound trade forming an interesting price action chart pattern. It is forming a bullish pennant pattern.

A bullish pennant pattern is a continuation chart pattern, which is usually witnessed when a stock experiences a large upward movement, followed by a brief consolidation, before continuing its northward journey. Remember, to complete this pattern, the price needs to break out from the upper slope of the triangle with higher volumes.

Though Axis Bank is forming a bullish pennant pattern, it is incomplete. This is because it hasn’t yet broken out from the consolidation. Having said that, it indeed makes sense to keep it on your radar and watch its price action. A breakout from the consolidation likely suggests a continuation of the trend.

The Relative Strength Index (RSI) is currently at 51. Presently, it is not indicating any strength but do watch out for RSI of 65 and above. Even though the Moving Average Convergence and Divergence (MACD) is in the positive territory, is neutral.

Today, Axis Bank opened at 807.95 level, marking a high and low at 810.75 and 792.30 level, respectively. At the time of writing, the stock was trading at 795.

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