Nifty 17401.65 (1.37%)
Sensex 58461.29 (1.35%)
Nifty Bank 36508.25 (0.39%)
Nifty IT 36157.85 (2.06%)
Nifty Financial Services 17982.9 (1.26%)
Adani Ports 739.10 (4.40%)
Asian Paints 3180.60 (1.35%)
Axis Bank 676.10 (-0.52%)
B P C L 378.85 (2.74%)
Bajaj Auto 3328.40 (2.43%)
Bajaj Finance 7180.50 (2.01%)
Bajaj Finserv 17758.15 (2.16%)
Bharti Airtel 732.55 (1.43%)
Britannia Inds. 3578.50 (1.22%)
Cipla 921.25 (-0.74%)
Coal India 159.30 (2.41%)
Divis Lab. 4777.30 (0.53%)
Dr Reddys Labs 4662.75 (1.22%)
Eicher Motors 2451.55 (0.54%)
Grasim Inds 1723.85 (2.63%)
H D F C 2807.80 (3.85%)
HCL Technologies 1184.70 (2.42%)
HDFC Bank 1525.75 (1.40%)
HDFC Life Insur. 705.30 (1.65%)
Hero Motocorp 2472.70 (1.00%)
Hind. Unilever 2383.30 (1.64%)
Hindalco Inds. 432.10 (1.69%)
I O C L 120.65 (2.51%)
ICICI Bank 722.40 (-0.73%)
IndusInd Bank 945.55 (1.27%)
Infosys 1748.25 (1.94%)
ITC 225.45 (1.60%)
JSW Steel 646.75 (1.50%)
Kotak Mah. Bank 1964.25 (0.56%)
Larsen & Toubro 1789.20 (0.18%)
M & M 849.55 (1.78%)
Maruti Suzuki 7324.95 (0.71%)
Nestle India 19503.20 (0.54%)
NTPC 128.70 (0.78%)
O N G C 144.00 (1.23%)
Power Grid Corpn 214.50 (3.52%)
Reliance Industr 2482.85 (0.64%)
SBI Life Insuran 1188.05 (1.99%)
Shree Cement 26289.80 (0.76%)
St Bk of India 477.00 (0.36%)
Sun Pharma.Inds. 766.25 (2.80%)
Tata Consumer 773.25 (0.06%)
Tata Motors 479.10 (0.81%)
Tata Steel 1112.40 (2.76%)
TCS 3642.90 (1.82%)
Tech Mahindra 1629.65 (2.65%)
Titan Company 2386.50 (1.11%)
UltraTech Cem. 7323.20 (0.01%)
UPL 698.20 (1.12%)
Wipro 646.80 (1.89%)

5 Stocks to Buy Today: October 25, 2021

5 Stocks to Buy Today: October 25, 2021
by 5paisa Research Team 25/10/2021

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 25

1. STERLITE TECHNOLOGIES (STLTECH)

STERLITE TECHNOLOGIES Stock Details for Today

- Current Market Price: Rs. 301

- Stop Loss: Rs. 292

- Target 1: Rs. 311

- Target 2: Rs. 323

- 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. TANLA PLATFORMS (TANLA)

TANLA PLATFORMS Stock Details for Today: 

- Current Market Price: Rs. 1,063

- Stop Loss: Rs. 1,030

- Target 1: Rs. 1,095

- Target 2: Rs. 1,140

- Holding Period: 1 week

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

 

3. IFB INDUSTRIES (IFBIND)

IFB INDUSTRIES Stock Details for Today: 

- Current Market Price: Rs. 1,297

- Stop Loss: Rs. 1,260

- Target 1: Rs. 1,345

- Target 2: Rs. 1,415

- 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. SBI CARDS (SBICARD)

SBI CARDS Stock Details for Today: 

- Current Market Price: Rs. 1,130

- Stop Loss: Rs. 1,095

- Target 1: Rs. 1,175

- Target 2: Rs. 1,235

- 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. TRIVENI TURBINE (TRITURBINE)

TRIVENI TURBINE Stock Details for Today: 

- Current Market Price: Rs. 179

- Stop Loss: Rs. 174

- Target 1: Rs. 186

- Target 1: Rs. 195

- 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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Dreamt of owning an IPL team? - Now you can buy Chennai Super Kings shares

by 5paisa Research Team 25/10/2021

Founded in 2008, Chennai Super Kings is a franchise cricket team based in Chennai, Tamil Nadu which plays in the Indian Premier League (IPL) and is a wholly-owned subsidiary of India Cements. It is one of the most popular team, having won the IPL title four times, and has a strong brand value and highest winning percentage. 

Founded in 2008, Chennai Super Kings is a franchise cricket team based in Chennai, Tamil Nadu which plays in the Indian Premier League (IPL) and is a wholly-owned subsidiary of India Cements. It is one of the most popular teams, having won the IPL title four times, has a strong brand value and highest winning percentage.
 
It is the only sports team in India that is available to the general public for investing in it. Owing to its popularity and love from the masses, the team generates revenues from gate ticket collection, in-stadium advertising, and merchandise sales. The team earns the highest revenue from Media rights which contribute ~60% of the total revenue, followed by Revenue from sponsorship which makes up ~15-20% of the total revenue, and the least contribution ~10% comes from Ticket sales.

With its strong brand value and popularity, CSK has managed to sail through the tough waters during the pandemic by maintaining positive broadcasting and other indirect revenue streams. CSK is estimated to continue generating strong revenues from merchandise sales, sponsorships, portions of prize money and digital viewership revenues for FY21-22.

At present, CSK holds a valuation of Rs. 3,850 crores while the brand value is worth Rs. 47,500 crores and this value is expected to grow even further with recovery in the sports industry. 

The price of the unlisted shares zoomed from Rs. 65/share in Jan ‘21 to Rs. 130/share at present, reporting a 100% growth. With cricket gaining popularity across the globe, IPL is gaining traction as well which may increase the brand value of IPL and its teams by multifold. This along with CSK’s popularity, we can expect more upside to the share price and higher valuations which could make CSK worth billions. 
 

Financial Overview:
 

Particulars FY20-21 (in crores)
Revenue from Operations 247.8
Total Assets 316.2
Total Outside Liabilities 100.1
Equity Shares Outstanding 31
Net-worth 116
Total Income 59
PAT 40.3
   
Ratios  
Current Ratio 4.44x
RoE 18.63%
Debt to Equity 0.3
NP Margin 16.25%

 

CSK’s lower dependency on debt reflects on increasing cash flow which can be shared with the investors through dividends and increased book value. It has also managed to increase its Cash and Cash equivalents component by maintaining its liquidity which has led to improve its Current Ratio. 

Going forward, a strong management on and off field, coupled with recovery in the sports industry and CSK’s popularity, one can expect profit and revenue growth. 

The top shareholders list includes big names such as Indian Cements Shareholders Trust, Sri Saradha Logistics Private Limited, Life Insurance Corporation of India, ELM Park Fund Limited, Hirtle Callaghan Emerging Markets Portfolio, Reliance Capital Trustee Ltd, and Radhakishan S Damani. 
Top principal partners of the team are Myntra, India Cements, Gulf, British Empire, SNJ 10000, Jio, Nippon Paint, Astral Pipes, Equitas. The official partners of the team are Clear, BKT, Dream 11 and Starbucks Coffee.
 

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ICICI Bank reports a robust growth in Q2FY22 however margins still remain under pressure

by 5paisa Research Team 25/10/2021

ICICI bank reported robust growth in the recently announced Q2 results, the overall business grew by 19% YoY as the net profit grew to Rs. 55.1bn, NIM grew by 4.0% (up by 11bp QoQ), loan growth stood at 17% YoY and 4% QoQ, NII grew by 25% YoY, fee income increased by 21% YoY which led to an increase of 23% YoY in core operating profit. Slippages clocked at Rs. 55.8bn (3.5% of loans), and the annualized retail slippage ratio stood at 4.3%. 

The growth and better-than-expected margins were driven by improvement in yields, reduction in cost of funds, and good business in SME and retail loans. This growth is estimated to stay consistently favorable. Other factors driving the growth were superior asset quality performance, improved earnings, wholesale segment improved contribution, newfound growth drivers in the retail segment (personal loans, credit cards), ability to reign in cost ratios gradually and significant reduction in incremental credit costs. The RoE stood at 14.1% and exit RoA stood at 1.8% in Q2FY22. 

Bank’s NIM stands muted and may continue the trend due to difficulty in sustaining the levels due to low interest reversals and high CASA ratio driven improvement in funding costs. The NIM may also get affected if the Bank plans to slash interest rates even lower in order to maintain market share and beat competition. 

The bank’s retail portfolio business strategy based on proprietary data and analytics by utilizing the existing customer database for sourcing retail products through cross-sell and up-sell has served well in growing the business segment. The bank has witnessed a significant growth in SME and business banking, in payment transactions from features like ‘Pay to Contact’ and ‘Scan to Pay’, and number of credit enquiries on its digital offerings and platforms like InstaBIZ. Monitoring these, the bank strategizes to grow its margins by programme-based lending rather than diluting margins. 

The bank registered less than 1% overdue in performing its corporate portfolio. One of the segments that is still under stress is the Commercial Vehicle Loans segment. The net slippage and overdues (without the Commercial vehicle segment) were back at March2021 levels. 

There seems to be no concentration risk in Restructuring under 2.0 and the quantum seems to be under Rs. 10bn while some accounts are still under resolution.
Thus, the risks that the bank may endure would be the deteriorating asset quality, slower economic recovery, higher credit costs, higher slippages and the NIM margins which still remain under tension. 
 

 

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Multibagger stock: An investment of Rs 1 lakh a year back gave 313% price returns

Multibagger stock: An investment of Rs 1 lakh a year back gave 313% price returns
by 5paisa Research Team 25/10/2021

The lesser-known company under the umbrella of Jubilant Group of companies is all set to give multi-bagger returns.

Amid the swinging sentiment in the hitherto bull rally, the markets are finally coming to wake up to the perils of exorbitant valuations (P/E ratio), which seems unjustified and unsustainable.

The likes of IRCTC, Asian Paints bore the brunt in the last few trading session.

The world is suddenly realizing the virtues of Value Investing.

One such value pick is Jubilant Industries which has given multibagger returns in the last one year of 313%.

The multibagger stock of 2021 has risen from Rs 129.35 to Rs 539 in the last one year, logging around a 313% rise in this period. Likewise in year-to-date time, this multibagger stock has risen from Rs 235 levels logging around 129 per cent rise in 2021. 

Just within the time frame of a year, an investment of Rs 1 lakh would have become Rs 3.13 lakhs approx. Amazingly, this is just the beginning of the growth story of this Agricultural and Performance Polymers business of the Jubilant Bhartia group.

The Company’s diversified portfolio of Agri products(46% share of revenue), Performance Polymers (54% share of revenue) and IMFL businesses delivers a broad range of technology-based products and solutions to customers in India as well as globally. Over the years, this business has attained a significant size in India and the company aims at scaling up its business in global markets.

  1. JIL is established as number one in India and globally within the top 3, for manufacturing VP latex used in the dipping of tyre cord and conveyor belt fabric.

  1. It is one of the leading manufacturers of Single Super Phosphate (SSP) in India which is also the largest selling product under the Ramban Umbrella.

  1. The Consumer Products business is focused on providing customers with a complete range of woodworking solutions ie adhesives and wood finishes, footwear adhesives and epoxy sealants. With a nationwide network and brand presence, they represent as brand name of 'JIVANJOR'.

  1. Under the food polymer segment, Vamipol is a major raw material for making gum base for chewing gum and bubble gum. Jubilant is one of the three major global suppliers of Solid Poly Vinyl Acetate (SPVA).Suppliers to market leaders worldwide - The WM Wrigley Jr. Company, Cadbury (The Kraft foods Company) & Perfetti Van Melle Co.

The company has shown considerable traction in its topline performance by way of expanding into new markets and launching new products. The company has logged a YoY growth of 89% in its net sales in the recently reported Q2 FY 2022 numbers. Operational efficiencies have led to Core EBITDA to grow at 112 and Net Profit increased by 106% on a YoY basis. The company is available at a reasonable Price Earning multiple of 25x as compared to other players in the segments.

With the fast recovery in the real estate sector, the company is expected to register good growth. The Brand “Jivanjor” which competes with the market leader “Fevicol” is gaining a strong presence. Also, the demand outburst seen in the Automobile sector is set to boost the demand for the latex segment.

The company continues to be a multibagger for coming quarters on the underscore of a strong revival of demand, its innovative product launches and deeper penetration in new markets.

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Stock in focus: Is RBL Bank ready for a trend reversal?

Stock in focus: Is RBL Bank ready for a trend reversal?
by 5paisa Research Team 25/10/2021

RBL Bank has been on a rough path since May 2019. But is it signalling towards change in trend? Let’s find out.

Quarter ended September 30, 2021, RBL bank’s total deposits jumped 17% to Rs 75,588 crore as compared to Rs 64,506 crore in the same quarter last year. Their Current Account-Savings Account (CASA) ascended by 33% Year-on-Year (YoY) to Rs 26,734 crore in the recent quarter. The Q1 FY22 numbers of RBL Bank were not so enticing. In Q1 FY22 RBL Bank's net loss on a standalone basis stood at Rs 459 crore as against a net profit of Rs 141 crore in Q1 FY21. On the other hand, its total income in Q1 FY22 jumped 4.92% to Rs 2,721 crore from Rs 2,592.73 crore in the same quarter last year.

Having said that, the stock has been on a rough path since May 2019. However, the stock currently is trading near its downward trendline, breaching and thereby sustaining would mean trend reversal. Even if the price breaches this downward trendline, two major resistances are waiting to welcome the price. The immediate resistance is placed at 226.40, one at 246.65 which is also 23.6% Fibonacci level and finally at 274.30. Breaching these resistances would mean more bullishness in this stock.

Looking at the momentum indicator Relative Strength Index (RSI), then it is comfortably trading above 50, whereas its 20-Week Exponential Moving average (EMA) is at 46.82. Rate of Change (ROC) seems to be in full action breaking its three-month-old down trendline. However, if we look at Moving Average Convergence Divergence (MACD), then it is still into negative territory, but quite near the neutral line. Moreover, it has also given positive crossover last month in the negative territory.

RBL Bank today opened at 205, made a high and low of 207.4 and 200, respectively. At the time of writing RBL Bank was trading near its high.

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Stocks having a golden crossover in October 2021

Stocks having a golden crossover in October 2021
by 5paisa Research Team 25/10/2021

 Nifty 50 had its golden crossover in November 2020. Here is the list of stocks having golden crossover this month.

In October 2021, Nifty 50 saw a good jump of around 6.6% to start the month. However, in the second innings of the month, Nifty 50 washed away almost 50% of the gain that it made in October 2021.

It was sectoral indices that had a good play in the month of October 2021. Sectors such as power, PSU (Public Sector Undertaking) and Banks were among the top sectors bagging double-digit returns. In fact, in the last three months, power, PSU and Banking sectors gave returns close to 28%, 15% and 20%, respectively.

That said, from an investment point of view, a golden crossover is one such chart pattern that is widely used by many investors. This is referred to as a bullish breakout pattern which is formed when a relatively short-term moving average breaches a long-term moving average from below. The short-term and long-term moving average would depend on different traders and investors. But usually, as a thumb rule, the cross is considered golden when a 50 Day Moving Average crosses 200 Day Moving Average from below. Here is the list of stocks that had a golden crossover this month.

Name  

Last Traded Price  

Per cent Change  

SMA 50  

SMA 200  

Crossover Date  

Mahindra & Mahindra Ltd.  

891.0  

0.4  

805.5  

803.1  

Oct 21, 2021  

Punjab National Bank  

45.4  

3.3  

39.0  

38.9  

Oct 19, 2021  

Indus Towers Ltd.  

293.8  

-2.7  

262.6  

251.0  

Oct 11, 2021  

Karnataka Bank Ltd.  

69.8  

1.5  

65.1  

64.0  

Oct 08, 2021  

Blue Star Ltd.  

917.0  

2.0  

847.8  

841.3  

Oct 08, 2021  

Kotak Mahindra Bank Ltd.  

2,164.4  

-0.3  

1,895.1  

1,828.6  

Oct 06, 2021  

Bosch Ltd.  

16,650.0  

-1.7  

15,291.4  

14,985.5  

Oct 06, 2021  

NLC India Ltd.  

65.3  

2.7  

58.3  

56.3  

Oct 05, 2021 

 

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