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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%)
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HCL Technologies 1171.40 (-1.12%)
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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%)
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NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
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St Bk of India 473.15 (-0.81%)
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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%)

Maharashtra Seamless is on the verge of giving trendline breakout

Maharashtra Seamless is on the verge of giving trendline breakout
by 5paisa Research Team 12/11/2021

The stock of Maharashtra Seamless Limited has given a downward sloping trendline breakout as of October 04, 2021, and thereafter witnessed a strong upside of 55% in just 10 trading sessions.

After registering the high of Rs 544.90, the stock witnessed a throwback. During this throwback, the volume was mostly below the 50-day average volume, which suggests its routine decline after a robust move. The throwback is halted near the 38.2% Fibonacci retracement level of its prior upward move (Rs 312.65-Rs 544.90).

Since the last couple of trading sessions, the stock is oscillating in a narrow range. Due to the narrow range, the Bollinger band has been contracted significantly on the daily chart, which is an early sign of the explosive move.

Talking about moving averages, the stock is comfortably placed above its key moving averages and they are in the desired sequence, which suggests the trend is strong. These averages are edging higher, which is also a bullish sign. The stock is 7.16% above the 20-day EMA and 21.50% above the 50-day EMA. The stock is meeting Daryl Guppy’s multiple moving averages set up rules.

The 14-period RSI on the daily and weekly timeframe is in bullish territory. Furthermore, in the recent sideways to corrective mode the RSI never breached its 60 mark, which indicates that the stock is in a super bullish range as per RSI range shift rules. The daily RSI is on verge of giving positive crossover while the daily stochastic has already given positive crossover.

The Average Directional Index (ADX), which shows trend strength, is as high as 33.22 on a daily chart and 41.23 on a weekly chart. Generally above 25 levels considered as the strong trend. In both time frames, the stock is meeting the criteria.

Currently, the stock is on verge of giving a downward sloping trendline breakout formed by swing highs from October 19, 2021. Any sustainable move above the zone of Rs 530-Rs 535 will lead to a sharp upside in the stock. On the downside, the 20-day EMA will be the major support for the stock.

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What is the best investment option for conservative investors?

What is the best investment option for conservative investors?
by 5paisa Research Team 12/11/2021

Conservative investor can invest in debt mutual funds as they offer the benefit of stable returns as well as diversification.

In India, various investment options are available where an investor can park his money and fulfil his financial goals and commitments.

Every individual has a different risk appetite and different investment horizons. An individual with a higher risk appetite can invest in equity directly or equity-oriented funds, individuals having moderate risk appetite can invest in hybrid funds or can invest directly in equity or debt instruments in proportion and lastly, conservative investors who have a low-risk appetite, can invest in debt funds or can invest directly in debt instruments.

Looking at this requirement mutual funds offer various types of schemes to investors under categories such as equity funds, debt funds, and hybrid funds.

In this article, we will focus on debt funds schemes.

Debt funds are fixed-income funds that are less volatile than equity funds. These funds invest in debt instruments like commercial papers, government securities, treasury bills, corporate bonds, and other money market instruments. The debt issuer pre-decides the interest as well as the maturity period. Investors with a lower risk capacity choose to invest in these types of funds. Ideally, the portfolio of every investor should consist of some proportion of debt for the stability of the portfolio. Out of all investment options available for conservative investors, debt funds are best as they offer diversity.

What should investors know before investing in these funds?

Risk: Debt funds are riskier than any other fixed deposits as these funds consist of interest rate risk as well as credit risk. Fluctuations of interest rates cause changes in the value of the fund. The interest rate and value of debt funds (NAV) have an inverse relationship. Likewise, credit risk means the risk of default.

Returns: Debt funds offer higher returns than fixed deposits but lower returns than equity. The net asset value (NAV) of the fund fluctuates with the change in interest rates. When the interest rate increases, the NAV of the fund falls whereas, when the interest rate falls, the NAV of the fund rises. Therefore, they are suitable in the falling interest rate phase.

Expense ratio: The asset management companies charge fees for managing the fund and this fee is known as the expense ratio. The expense ratio is the percentage of the fund's total assets. It affects the returns of the fund.

Investment horizon: Debt funds offer terms such as -

Short-term investment horizon: Investors, who wish to invest for a shorter period such as 3-month to 12-month, should opt for liquid funds that allow investing for a shorter time horizon. The typical tenure for the short term is 2-3 years.

Medium-term investment horizon: Investors, who are ready to invest their money for 3-5 years, can invest in dynamic bond funds, which offer quite a high return than fixed deposits with the same lock-in period.

Therefore, the longer the investment horizon, the greater is the returns. 

Taxation: Any capital gains arising on these funds vary depending upon the holding term of the investment. If any capital gains arising are less than three years, then it will be short-term capital gain, which will be taxed as per Income Tax slabs. If capital gains arising are more than three years, then it will be long-term capital gain, which will be taxed at the rate of 20%.

 

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Adani Enterprises: A multibagger with a high growth potential

Adani Enterprises: A multibagger with a high growth potential
by 5paisa Research Team 12/11/2021

Adani Enterprises Limited has a diversified business portfolio spanning coal trading, coal mining, oil and gas exploration, ports, multi-modal logistics, power generation, and transmission and gas distribution. It is a largecap company with a market capitalization of Rs 1,85,961 crore. It has a PE of 183 while the sector PE lies at 227.79 indicating that the company is not overvalued. Despite being its sector leader, the company has tremendous growth potential and has aggressive futuristic plans.

Adani Enterprises have a higher than industry revenue growth. In the last 5 years, revenue has grown at 2.77 per cent YoY, vs the industry average of 1.12 per cent. and consistently increasing market share over the last five years from 48.11 per cent to 52.22 per cent make it investment-worthy. Almost 75 per cent of the stake is held by promoters which shows that they believe in this company. The foreign investors hold about an 18 per cent stake, while the remaining is held by the domestic institutions and mutual fund houses.

From a technical perspective, Adani Enterprises has been scaling newer highs since the 2020 crash. It has given a whopping 355.45 per cent in one year and 8.5 per cent in a one-month period when the indices were bleeding. Adani Enterprises has been trading strongly for the past nine trading sessions with above average volumes. The stock has a beta value of 1.42. The stock, being highly volatile in nature, is trading in a broader range of 1350-1700 for a few months. The RSI is going strong at 66 showing bullishness and the positive movement indicator +DMI is positioned much higher than its -DMI indicating that the trend is gaining momentum. It is currently testing its all-time high levels of 1700 and any closing above it will mean that the uptrend is likely to continue. The stock is certainly attractive, traders and investors should closely watch this stock.

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ZEEL announces its quarterly results, stock trades flat amidst good results

ZEEL announces its quarterly results, stock trades flat amidst good results
by 5paisa Research Team 12/11/2021

The due diligence is in progress on the proposed merger with Sony Pictures.

The media and entertainment giant Zee Entertainment Enterprises Ltd, popularly called ZEEL, often entertains shareholders and enjoys the buzz. In just the last three months, the stock has appreciated by over 61% on the back of the merger with Sony Pictures Networks India. The company came out with its quarter ended September results on 11 November 2021, after the market hours.

The reported Q2FY22 financials were pretty strong. The consolidated net sales stood at Rs 1,979 crore which witnessed a decent 11.5% growth on a sequential basis, and nearly 15% growth on a YoY basis. It reported EBITDA of Rs 403 crore which too soared by about 21% on a QoQ basis and nearly 37.6% when compared to Q2FY21. The net profit number jumped by 27.4% on a sequential basis to reach the Rs 266 crore mark, which also witnessed steep growth of 185% on a YoY basis.

ZEEL has been the trending company on Dalal Street since it announced its merger with Sony Pictures in September. The stock went from Rs 186 to Rs 310+ on the announcement of the merger between ZEEL and Sony Pictures. However, this merger has led to a heated fight between Invesco and ZEEL. Invesco was looking forward to a strategic merger with Reliance Industries (which owns Network 18), but instead, ZEEL merged with Sony Pictures. Invesco, which is the largest shareholder of ZEEL (17.5%) has filed a request for EGM and demands the removal of current MD and CEO, Punit Goenka, the hearing of which will be announced soon by the Bombay High Court.

Zee Entertainment Enterprises Ltd is a global media and entertainment conglomerate present in television broadcasting, movies, music, live entertainment, etc. It has evolved from being an Indian Television broadcaster to a global content company. It offers 46 domestic channels and provides over 2.4 lakh hours of content. It has the highest market share of 18.4% in India in the broadcasting business.

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Top 5 gainers and losers in the Midcap and Smallcap segment during this week!

Top 5 gainers and losers in the Midcap and Smallcap segment during this week!
by 5paisa Research Team 12/11/2021

List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from 5 to 11 November 2021.

US Inflation jumped to a 30 year high of 6.2% in October which was higher than the consensus of 5.9%. The inflation fueled the fear factor looming around a rate hike in the US, which would make the emerging markets lose their sheen and trigger a sell-off. Indian equity markets witnessed bearish sentiments amid the US Inflation jump whereas Bond markets were unaffected on the back of RBI’s assurance of inflations numbers in place and continued accommodative stance.

No significant movement was found in S&P BSE Midcap Index which closed the last trading session with a marginal gain of 0.87% at 26219.07 for the 4 trading sessions for the week. Meanwhile, it logged a loss of 3.91% from its 52-week high of 27246.34 on 19 October. The premium of BSE Midcap and Smallcap saw a decline on account of overheated valuations. The S&P BSE Smallcap closed at 29159.39 for the week with a marginal gain of 0.89% and a loss of 4.31% from its 52-week high of 30416.82 on 19 October.

Let us have a look at the top 5 gainers and losers in the Midcap space for this week:

 

National Standard (India) Ltd. 

21.55 

Brightcom Group Ltd. 

21.49 

KPIT Technologies Ltd. 

15.82 

VIP Industries Ltd. 

 

13.61 

 

RattanIndia Enterprises Ltd. 

13.5 

The bull rally was led by National Standard (India) Ltd in the mid-cap segment. The shares of the company delivered a weekly return of 21.55%. The share price of the company rose from Rs 12671.95 to Rs 15402.7 during the period. The multibagger stock has been buzzing for some time logging gains of 178.58% in just one month while a mindboggling return of 2268% in 6 months and 2224.23% in the last one year.

National Standard (India) Ltd operates as a subsidiary of Anantnath Constructions and Farms Private Limited. The company is engaged in the manufacture of bead wire for tyres and other types of specialized wires. The company is a major exporter of tyre bead-wire and tyre moulds. They have specially developed hi-tensile tyre bead-wire with high tin content in the bronze plate, for the overseas markets. The company has also diversified into the development and construction of residential real estate projects in Mumbai, India.

The top 5 losers from the Midcap segment for this week are as follows:

Firstsource Solutions Ltd. 

 

-10.64 

 

Bharat Heavy Electricals Ltd. 

 

-9.62 

 

Balaji Amines Ltd. 

 

-9.35 

 

KRBL Ltd. 

 

-7.89 

 

Laurus Labs Ltd. 

 

-7.25 

 

The laggards of the midcap segment were led by Firstsource Solutions Ltd. The shares of the company declined 10.64% from Rs 200.60 to Rs 179.25. The company is engaged in the business of providing customer management services like contact centre, transaction processing and debt collection services including revenue cycle management in the healthcare industry. The company declared its second-quarter results on 10 November. Sales rose 20.36% and Net profit rose 28.23% to Rs 135.01 crores on YoY basis for the company. The share of the company fell sharply by 9.4% after the results were declared.

Let us move towards the top 5 gainers and losers in the Smallcap segment:

 

The top 5 gainers in the Smallcap segment for this week are as follows: 

3I Infotech Ltd. 

39.53 

Subex Ltd. 

25.47 

Monte Carlo Fashions Ltd. 

24.54 

EKI Energy Services Ltd. 

21.55 

Raghuvir Synthetics Ltd. 

21.51 

The top gainer in the Smallcap segment 3I Infotech Ltd. The buzzing stock surged nearly 39.53% for the week. Share price of the company rose from Rs 48.7 to Rs 67.95 during the period. The stock has given multibagger returns, it has rallied of 366% in the month of October and has given share price returns of 2142% in last one year.

3I Infotech is a global Information Technology company which provides technology solutions to over 1500 customers in more than 50 countries across 5 continents, spanning a range of verticals.  

The top 5 losers in the Smallcap segment for this week are as follows:

NGL Fine-Chem Ltd. 

-16.04 

Fairchem Organics Ltd. 

-13.24 

Godawari Power And Ispat Ltd. 

-11.94 

GTL Infrastructure Ltd. 

-11.76 

Goldiam International Ltd. 

-11.51 

The losers of smallcap space were led by NGL Fine-Chem Ltd. The shares of NGL Fine- Chem fell from Rs 3275.60 to Rs 2750.25 registering a loss of 16.04% in the stock price. NGL Fine-Chem is a manufacturer of pharmaceuticals and intermediates for usage in veterinary and human health. Last week the stock has registered gains of 21.6% which saw a reversal this week. The second quarter results declared by the company saw an increase in revenue of 15.09% but Net Profit decreased by 4.10% on a YoY basis. 

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Bhavook Tripathi: Analyzing the stock-picking strategy and philosophy of this market expert

Bhavook Tripathi: Analyzing the stock-picking strategy and philosophy of this market expert
by 5paisa Research Team 12/11/2021

Bhavook is known to have a concentrated portfolio and when he buys, he buys big!

Pune based-Bhavook Tripathi shot into super-stardom when he launched an open offer to acquire 26% of the share capital of R Systems International, a company engaged in providing software product development and BPO services. Tripathi invested Rs 40.81 crore in the open offer in 2011 and still holds the shares to this day. According to the latest corporate shareholdings filed as of September 2021, Tripathi holds 42,539,454 shares of R Systems International (35.6% of its capital) worth Rs 1,012.9 crore.

Looking at his massive stake in the R Systems, it should come as no surprise when we say that Bhavook believes in a concentrated portfolio. When he buys, he buys big. Unlike other investors who invest a bit here and a bit there, hoping that something somewhere will click, Bhavook instead waits patiently for that once-in-a-lifetime opportunity to show up, and when it does, he acts with conviction and pledges a sizeable chunk of his wealth on that bet.

Bhavook Tripathi made his first fortune with FAG Precision Bearing, a company engaged in the business of high-precision ball bearings to leading automobile companies. What he noticed was this blue-chip MNC had a low market capitalization of just Rs 35 crore. This was in 1999 when most of the market was obsessed with high-growth IT companies such as Wipro and Infosys. Unlike other investors, Bhavook had the vision to see that stock was unvalued and invested a huge chunk of his resources into the stock. He was proven right because FAG bearings went on to become a multibagger several times over.

The war chest gained by selling his stake in FAG Bearings was put to use while purchasing his second stock pick – a company called Solvay Pharma. This company was in the news because Abbott Labs was buying over the company in a global deal. A few paid attention to this news but Bhavook was among those that realized that sooner or later, Abbott would have to make an open offer to the shareholders of Solvay. A giant conglomerate buying over assets and willing to pay any sum of money to the Indian shareholders seemed like an obvious investment opportunity in hindsight but Bhavook was among the few that spotted it. There were some fluctuations in the stock price with a lot of uncertainty surrounding the company, but four years later, Bhavook netted a gigantic profit by selling the shares he purchased at Rs 488 to Rs 3,054.

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