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5 Stocks to Buy Today: October 27, 2021

5 Stocks to Buy Today: October 27, 2021
by 5paisa Research Team 27/10/2021

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 27

1. Tata Chemicals (TATACHEM)

Tata Chemicals Stock Details for Today

- Current Market Price: Rs. 1,007

- Stop Loss: Rs. 979

- Target 1: Rs. 1,035

- Target 2: Rs. 1,077

- Holding Period: One week

5paisa Recommendation: Our technical experts see recovery on cards in this stock hence making this stock best stock to buy.

 

2. Central Depository (CDSL)

Central Depository Stock Details for Today: 

- Current Market Price: Rs. 1,395

- Stop Loss: Rs. 1,347

- Target 1: Rs. 1,433

- Target 2: Rs. 1,480

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see sideways move to end in the stock and recommends buying this stock.

 

3. Tci Express (TCIEXPRESS)

Tci Express Stock Details for Today: 

- Current Market Price: Rs. 1,836

- Stop Loss: Rs. 1,781

- Target 1: Rs. 1,890

- Target 2: Rs. 1,985

- Holding Period: 1 week

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

 

4. Man Infraconstruction (MANINFRA)

Man Infraconstruction Stock Details for Today: 

- Current Market Price: Rs. 123

- Stop Loss: Rs. 120

- Target 1: Rs. 126

- Target 2: Rs. 131

- Holding Period: 1 week

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

 

5. Tatva Chintan (TATVA)

Tatva Chintan Stock Details for Today: 

- Current Market Price: Rs. 2,560

- Stop Loss: Rs. 2,490

- Target 1: Rs. 2,610

- Target 1: Rs. 2,750

- 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.

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Multibagger Alert: Rs 1 lakh invested in this liquor stock would have given you Rs 7.8 lakh in five years

Multibagger Alert: Rs 1 lakh invested in this liquor stock would have given you Rs 7.8 lakh in five years
by 5paisa Research Team 27/10/2021

Long-term investors have made a huge profit by investing in Radico Khaitan as it has surged by 687% in the last five years.

The stock of multibagger Radico Khaitan rallied from Rs 140 in October-2016 to Rs 1,109 today, gaining 687% in the last 5-years. Rs 1 lakh invested in 2016 would have become Rs 7.87 lakh in 2021.

From the beginning of the year 2021, the stock has rallied 142%, from Rs 456 to Rs 1,109. Rs 1 lakh invested in Jan-2021 would have become Rs 2.42 lakh today in just 10 months.

Products and brands

Radico Khaitan is one of the largest and oldest manufacturers of IMFL (Indian Made Foreign Liquor). The company has a wide range of branded portfolios across IMFL categories of Whisky, Brandy, Rum and White spirits. Currently, it has four millionaire brands which are 8 PM Whisky, Contessa Rum, Old Admiral Brandy and Magic Moments Vodka.

Market leader

Magic Moments leads the vodka Industry in India with over 58% market share whereas Morpheus Brandy leads the premium brandy category with over 56% market share. During the last decade, the company has launched 12 new brands of which 11 are in the premium category.

Highly experienced promoters 

Khaitan Family, the promoters and management of Radico Khaitan have been in the liquor industry since 1943. That is for more than seven decades of great experience.

Steep profit growth

In the last five years from FY16 to FY21, revenue has grown at a CAGR of 8% but profit has grown at a CAGR of 28% which shows the steep growth of the company. There is a decent increase in operating profit margin from 12% in FY16 to 17% in FY21, due to cost optimization in materials used for manufacturing.

Though stock had a massive rally in the past with strong performance, do you still think the company can utilize the present situation and gain momentum?

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Stock in Focus: IDFC on the verge to give a multi-year breakout?

Stock in Focus: IDFC on the verge to give a multi-year breakout?
by 5paisa Research Team 27/10/2021

For almost 13 years now IDFC is moving in a downward channel. However, is it on a verge of giving a multi-year breakout? Let’s find out.

IDFC Ltd is yet to release its Q2 FY22 results. But in Q1 FY22, IDFC Ltd posted a total income of Rs 111.6 crore as against Rs 104 crore in the same quarter last year, depicting a growth of around 7% on a consolidated basis. However, it posted a net loss of Rs -410.3 crore as against Rs -26.3 crores in Q1 FY21. Whereas in Q4 FY21, it posted a net profit of Rs 41.1 crores.

IDFC Ltd is a Non-Banking Finance Company (NBFC) that operates as an Infrastructure Finance Company. This means that its core business is financing infrastructure projects in sectors such as energy, telecom, logistics, commercial and industrial projects including hospital, education, and tourism. However, in April 2014, it received approval from the Reserve Bank of India (RBI) to set up a private sector bank. Therefore, from October 1, 2015, they are operating as an NBFC - Investment Company.

As for the stock performance, it is moving in a downward channel for the past 13 years. Presently, it is trading near the upper trendline of the channel. Even the volume seems to be elevated. When it got listed in 2005, it was in a good rally up to 2007. In this period, it generated around 442% on an absolute basis. However, ever since the Great Financial Crises struck in 2008, this stock has been trading downwards in a range-bound fashion.

Looking at the Relative Strength Index (RSI) which is hovering around 61 levels, already gave a multi-year breakout on monthly basis. Also, RSI is trading above its 20-Month Exponential Moving Average (EMA) of 55. This shows strength in the up move of the stock. On the flip side, the Rate of Change (ROC) seems to be declining since February 2021.

So, is IDFC limited likely to give a multi-year breakout? Need to wait and watch for time being. However, with increased volumes and sideways consolidation since March 2021, the stock is indeed gathering strength.

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These penny stocks are locked in the upper circuit on Wednesday

These penny stocks are locked in the upper circuit on Wednesday
by 5paisa Research Team 27/10/2021

On Wednesday, the benchmark indices are trading at day's low dragged by metals and financial stocks. Sensex is trading 178.59 points lower at 61,171.67 level and Nifty 48.4 points down at 18,220 level.

Asian Paints, Sun Pharma, Bharati Airtel, SBI and Ultatech Cement are the top 5 gainers in the Sensex group whereas Axis Bank, Bajaj Finance, Bajaj Finserv, IndusInd Bank and HUL were among the top 5 losers within the index. The stocks of HDFC Bank, Kotak Mahindra Bank and SBI have made fresh 52-week highs in Tuesday’s trading session.

In the broader markets, the BSE Midcap and BSE Smallcap indices are seen outperforming benchmark indices gaining 0.11% and 0.28%, respectively. Union Bank is holding the top position in the BSE Midcap index whereas, in the Smallcap space, TCI (Transport Corporation of India) is in the limelight zooming beyond 15% on Wednesday.

On the sectoral front, all the sectoral indices are trading flat with BSE Metal index rattling 1.22% in Wednesday’s trading session. The worst performing stock dragging the index is Vedanta plunging up to 4.2% followed by Jindal Steel, SAIL, NMDC and APL Apollo Tubes.

Penny stocks are a form of market traded security that attracts minimal pricing. These securities are mostly offered by companies with lower market capitalization rates. Therefore, these are also called nano-cap stocks, micro-cap stocks, and small-cap stocks, depending on the company’s market capitalization.

During the session, several penny stocks were seen outperforming the markets gaining up to 4.92%.

Following is the list of penny stocks that locked in the upper circuit on Wednesday, October 27, 2021.
 

Sr No   

Stock   

LTP   

Price gain (%)  

1  

Sintex Industries   

5.1  

4.08  

2  

Llyods Steels  

6.4  

4.92  

3  

Sintex Plastics Technology   

5.8  

4.5  

4  

Vikas Multicorp   

3.85  

4.05  

5  

GTL Infra   

1.55  

3.33  

6  

Viji Finance   

2.8  

3.7  

7  

Ankit Metal Power   

4.05  

3.85  

8  

Shriram EPC   

7.05  

4.44  

9  

Orient Green Power  

4.55  

4.6  

10  

Indosolar Ltd   

3.8  

4.11  

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Why should an individual accumulate retirement wealth?

Why should an individual accumulate retirement wealth?
by 5paisa Research Team 27/10/2021

Any individual who is planning for his/her retirement has to follow the process of wealth accumulation to achieve the end goals.

Wealth accumulation is the process whereby the savings of an individual are used to build up a corpus that will result in a source of revenue over the next several years. Wealth accumulation means increasing the amount of capital with the individual so the amounts here are used more effectively and this becomes a corpus that one can expect support from in the days ahead.

Spending and wealth accumulation are the opposite ends. Spending becomes an obstacle to the retirement planning process as it takes away the amounts that could be used for wealth accumulation. One cannot stop spending but can cut down their spending habits. Excessive spending can lead to a financial crisis in future.

There are various benefits an individual gets when he undertakes wealth accumulation. They are as follows:

  1. It becomes a source of income for individuals and families during the sunset years.

  1. Here there is a build-up of the wealth of the individual by regular process.

  1. It brings him closer to the aim of retirement.

  1. The amount generated from here becomes a backup and safety net for the individual.

  1. Adopting a different kind of wealth accumulation can help an individual to get closer to all of his life goals including retirement planning.

Who needs to undertake wealth accumulation?

Any individual who is undertaking the process of retirement planning has to follow the process of wealth accumulation to achieve his goals. This has to be used carefully so that the process is carried smoothly. Most people feel that retirement is a long time away, and they can plan accordingly when the right time comes. After this stage in life, current problems seem to be high and hence these will occupy centre stage for investors rather than the problems some years down the line. Hence devote more attention to tackling those problems.

Everyone should start retirement planning the day they start earning. It will take decades to complete retirement planning. Any sum of money is fine to start retirement planning. You need to have a corpus in crores to retire without a problem and enjoy the later years of your life. But this is possible only with the help of wealth accumulation. Every person, no matter what is the age and condition are, needs to undertake retirement planning. The process of wealth accumulation has to be linked to all the activities at various stages to get the required results.

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Maruti misses street view as Q2 profit skids 65% on higher costs, chip shortage

by 5paisa Research Team 27/10/2021

Maruti Suzuki on Wednesday reported a massive 65% decline in its standalone net profit for the second quarter ended September, dragged down by higher commodity prices and production constraints.

India’s largest carmaker posted a net profit of Rs 475 crore for the July-September quarter, down from Rs 1,371 crore a year earlier. That’s far below estimates by analysts, who had projected profit to be around Rs 700-750 crore.

The profit, Maruti said, was impacted on account of rising commodity prices as well as a decline in sales volume due to the global shortage in electronic components (microchips), which are also used in automobiles. 

Net sales for the three months grew 9% to Rs 19,297 crore from Rs 17,689 crore from a year earlier.

Maruti Q2: Other highlights

1) Maruti sold 379,541 units in the second quarter, down from 393,130 units a year earlier.

2) Local sales fell to 320,133 units from 370,619 units a year earlier while exports rose to 59,408 units from 22,511.

3) The company could not produce 116,000 vehicles because of the electronic component shortage, leading to lower capacity utilization.

4) Maruti recorded a 5.6% increase in revenue to Rs 20,539 crore from Rs 19,378 crore in the same quarter last year.

5) EBITDA was up 8.9% at Rs 854 crore, although it remained lower than most estimates.

6) EBITDA margin came in at 4.16% as compared with 4.4%, again lower than analysts’ estimates.

Maruti commentary

The company said that the second quarter was marked by an unprecedented increase in the prices of commodities like steel, aluminium and precious metals within a span of one year. 

“The company made maximum efforts to absorb input cost increases offsetting them through cost reduction and passed on minimum impact to customers by way of car price increase,” Maruti said.

Due to rising input costs, the company has already hiked the prices of its models four times this year, with the last such hike coming in September. This, even as it hopes that the ongoing festival season will help push up demand.

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