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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%)
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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%)
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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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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%)

Meet the ace fund manager and investor: Samir Arora

Meet the ace fund manager and investor: Samir Arora
by 5paisa Research Team 10/11/2021

The founder of Helios Capital has made it big by capitalizing on enormous experience.

Samir Arora is widely recognized for being the founder and fund manager of Helios Capital. He is an ace investor and fund manager who is a trending personality in the Indian stock market. He completed his undergraduate degree in engineering from IIT Delhi after which he received his MBA with a gold medal from IIM Kolkata. He also holds a master’s degree in finance from Wharton School of the University of Pennsylvania, during which he secured the Dean’s scholarship. He used to work as a research analyst at Alliance Capital in New York.

Samir Arora came to Mumbai in 1993 and headed Alliance Capital’s Indian mutual fund business as chief investment officer till 2003. He also used to manage ACM India Liberalization Fund, an India-dedicated offshore fund, since its inception in 1993. He emerged as a highly decorated fund manager during this journey as he received numerous awards for fund management.

Later in 2005, he founded Helios Capital along with two other members, which currently manages both India focused long/short and long-only funds/mandates and a globally focused long-only fund. The fund utilizes a bottom-up approach for making investment decisions. The average investment horizon for the stocks is one to three years. Its portfolio mix with sufficient diversity has resulted in outperforming consistently across the years, cycles and phases of the market. The funds are driven by the following investment themes:

  • Compete with government-owned companies

  • Demographic/lifestyle changes

  • Factor cost advantage (IT/Pharma/Specialty chemicals)

In a recent interview with CNBC-TV18, he expressed to stay bullish on the Indian markets. Samir Arora is regarded as one of the highly experienced fund managers in India with a track record of more than 26 years of experience on the long side and over 15 years of experience on the short side. No wonder he is invited to so many interviews and TV shows to share his thoughts.

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Top swing trading ideas you should not miss!

Top swing trading ideas you should not miss!
by 5paisa Research Team 10/11/2021

Best Swing Trading ideas based on price and volume percentage surge. Jb Chemical Pharma, Schaeffler, DCB Bank.

Price and volume are two of the most prominent inputs used by traders across the world while swing trading. When used in isolation, they reveal very little but when used in conjunction, they help us to sort the wheat from the chaff. So, this swing trading system is based on the deadly combination of price and volume percentage surge, which helps us to discover high probability swing-trading candidates.

So, here is the list of stocks that fulfil the criteria of volume and price surge and as a result, they flash in our swing-trading system:

JB Chemicals & Pharmaceuticals: The stock surged a massive 5% on Wednesday and it managed to close near the day’s high. The stock’s daily range was greater than its 10-day average range. After days of consolidation, the stock finally broke its narrow range on the upside with bigger volumes. The stock managed to close above 20 and 50 DMA showing bullishness. Huge volume spike was seen in today’s trading session which indicates interest at a bigger level. The RSI is at 53, which validates positive bias. In the near term, the stock shows potential to touch the levels of Rs 1900 followed by Rs 2000 which is its all-time high. Considering the strong breakout, the stock looks attractive for swing trading.

Schaeffler India: The stock rose 3% on Wednesday and closed at its all-time high. The stock looks extremely bullishness since few trading sessions but an even bigger volumes seen today validate that it still has the firepower in it. The RSI is looking strong at 70. With price action and volume criteria met, this stock looks ripe for a decent up-move from current levels in the coming days. Swing traders can keep this on the radar for an up-move towards the level of Rs 8500 and beyond.

DCB Bank: This banking stock ended in green for the third consecutive day. The stock is 2.5% up forming a strong green candle with wick at a lower level suggesting buying from the market participants.  Volumes are rising daily making it an ideal bet for swing trade. The RSI is strong at 72. Considering the strong price movement witnessed in the stock along with volume uptick, swing traders should not miss this stock as it can touch levels of Rs 110 followed by Rs 115 in the near to medium term. On the downside, support is seen around Rs 100.

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These stocks are likely to be in focus on November 11

These stocks are likely to be in focus on November 11
by 5paisa Research Team 10/11/2021

On Wednesday, the equity benchmark indices ended in red amid selling seen in the metal, realty, banking names. Globally, investors awaited the release of the US inflation data due which is predicted to continue at peak levels.

At close, the Sensex was down 80.63 points or 0.13% at 60,352.82, and the Nifty was down 27.10 points or 0.15% at 18,017.20. About 1601 shares have advanced, 1530 shares declined, and 129 shares are unchanged.

Among sectors, PSU Bank, Realty and Metal indices slipped 1-2%, whereas buying was witnessed in auto, pharma and oil & gas stocks. In the broader markets, the BSE midcap index contracted 0.5% and BSE smallcap index ended on a flat note.

Watch out for these stocks on Wednesday, November 11.

Bank of Baroda- The company declared quarterly results for Q2FY22. Net profit stood at Rs 2,087.9 crore while net interest income came in at Rs 7,565.9 crore. The Gross NPA's were reported to be at 8.1% against 8.9% in Q2FY21. The Net NPA was recorded at 2.8% against 3% (QoQ). Meanwhile, the other income at Rs 3,579.2 crore against Rs 2,909.6 crore (YoY). The stock of Bank of Baroda plunged more than 5% on Wednesday and is likely to be in focus on Thursday.

Sugar Stocks – On Wednesday, Sugar stocks were trading higher outperforming the benchmark indices. This surge was on the back approval by the Cabinet of 20% blending of ethanol in petrol by 2025. The stocks of Balarampur Chini Mills and E.I.D Parry rose 2.62% and 0.14%, respectively. Watch out for the sugar stocks for further trading sessions.

52-week high stocks – From the BSE 100 index, the stocks of ACC, Bharat Forge, Cholamandalam Finance, Hindustan Petroleum, Page Industries and Siemens have made fresh 52-week high prices. Keep a watch on these stocks on Thursday.

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Mahindra & Mahindra surges after reporting impressive Q2 results

Mahindra & Mahindra surges after reporting impressive Q2 results
by 5paisa Research Team 10/11/2021

In the last one year, the company’s stock price went from Rs 619.65 to Rs 892.90 on November 9 2021, delivering returns of 44%. The stock hit a 52-week high of Rs 970.95 on October 13, 2021.

Incorporated in 1945, Mahindra & Mahindra began its journey by starting as a steel trading company. The company eventually expanded its business operations and today it is one of the largest vehicle manufacturers by production in India. At present, the company’s automotive segment comprises sales of automobiles, spare parts and related services, whereas its farm equipment segment comprises sales of tractors, spare parts and related services. It is one of the leading auto companies in India and enjoys a leadership position in utility vehicles.

The company’s Q2FY22 results are released. Let’s have a quick look at the financial highlights.

On a consolidated basis, the company’s net revenue increased by 11.67% YoY to Rs 21,469 crore. This growth came on the back of segmental growth in the automobile, real estate and hospitality businesses. The PBIDT (ex OI) went up 17.99% to Rs 4891.5 crore while the corresponding margin expanded by 122 bps to 22.78%. This improvement was driven by a rise in revenue with a relatively slower increase in expenses. Lastly, the PAT went up by a whopping 272% and stood at Rs 2,031.54 crore.

Let’s understand how the company achieved this performance.

Firstly, to tackle the issue of rising commodity prices, the company passed on the price increase to its customers as well as undertook aggressive cost re-engineering. Secondly, the challenge of rising freight costs was tackled by implementing route and cost optimization. During the quarter, the company experienced strong growth in exports both in auto and farm businesses. The automotive segment has a very healthy booking pipeline and the demand for the company’s products remains buoyant.

The company reported four consecutive blockbuster launches, with the launch of XUV 7OO leading the way. This particular model received an overwhelming response, and within the first three hours of launch, the company registered 50,000 bookings.

Similarly, the farm business delivered an excellent performance with second-highest Q2 for PBIT, domestic volumes, and export volumes. With Yuvo Tech+ tractors launched in the 35, 39 and 42 HP range, the market share for this segment went up by 1.9%. Going forward, the company plans to launch 23 new products under core SUV, EV and LCV segments by 2026.

Reacting to this development, at the closing bell on Wednesday, the share price of Mahindra & Mahindra Ltd was trading at Rs 917.40, an increase of 2.74% from the previous day’s closing price of Rs 892.9 on BSE.

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Best and the worst-performing Aggressive Hybrid mutual funds in Q2 of 2021-22

Best and the worst-performing Aggressive Hybrid mutual funds in Q2 of 2021-22
by 5paisa Research Team 10/11/2021

Within the Hybrid Fund category, Aggressive Hybrid Mutual Fund scheme is the best performing scheme on the basis of quarterly returns.

There are various sub-categories within the main category of the hybrid scheme. As per SEBI, the Hybrid scheme is further divided into six sub-categories. Out of these six sub-categories, the aggressive hybrid scheme is one of the schemes which invest a minimum of 65% to 80% of total assets towards equity and equity-related instruments. Besides, 20% to 35% towards debt instruments. Since Q1 of 2021-22 aggressive hybrid funds are performing well. The on average quarterly return as of September 2021 of this scheme is 8.46%.

So, let’s have a look at the best and worst-performing funds or ETFs within the category of Aggressive Hybrid Scheme based on quarterly return:

Fund Name   

Quarterly Return (Q2 as of September 2021)  

AUM (in crores) (as of 30th September 2021)  

SBI Magnum Children's Benefit Fund  

25.05%  

₹322  

ICICI Prudential Equity & Debt Fund  

15.34%  

₹18,653  

Baroda Hybrid Equity Fund  

12.66%  

₹414  

Axis Equity Hybrid Fund  

12.21%  

₹1,868  

Axis Children’s Gift Fund  

12.09%  

₹703  

Principal Hybrid Equity Fund  

11.14%  

₹1,115  

 

Fund Name   

Quarterly Return (Q2 as of September 2021)  

AUM (in crores) (as of 30th September 2021)  

Nippon India Equity Hybrid Fund  

5.99%  

₹3,500  

Aditya Birla Sun Life Retirement Fund  

6.08%  

₹96  

LIC MF Equity Hybrid Fund  

6.52%  

₹471  

BNP Paribas Substantial Equity Hybrid Fund  

7.10%  

₹715  

HDFC Retirement Savings Hybrid Equity Fund  

7.13%  

₹732  

HDFC Hybrid Equity  

7.40%  

₹18,909  

Let’s look at the top holdings of the above-mentioned top as well as worst performing funds:  

SBI Magnum Children's Benefit Fund

Company  

%Assets  

Top Debt Holdings

5.15% GOI 2025  

3.07  

Top Equity Holdings

Sheela Foam  

5.37  

P&G Hygiene & Health Care  

4.86  

Finolex Industries  

4.78  

 

Nippon India Equity Hybrid Fund

Company   

%Assets  

Top Debt Holdings

9.75% Uttar Pradesh Power Corporation 20/10/2022  

4.34  

ICICI Prudential Life Insurance Co. Ltd.  

1.71  

9.60% Renew Wind Energy Delhi 31/03/2023  

1.59  

Top Equity Holdings

Infosys  

8.58  

HDFC Bank  

6.49  

ICICI Bank  

6.42  

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These stocks see huge volume burst in the last leg of the trading session!

These stocks see huge volume burst in the last leg of the trading session!
by 5paisa Research Team 10/11/2021

Aster DM Healthcare, Bajaj Electrical and KSB have witnessed volume burst in the last 75 minutes of the trade.

As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and volume. More so, the activity in the last hour is said to be of utmost importance because most of the pro traders and institutions are active at this time. Hence, when a stock sees a good spike in volume in the last leg of trade along with price rise it is said to be the pro and institutions have a keen interest in the stock. Market participants should keep a close watch on these stocks as they can witness good momentum in the short-medium term.

So, based on this principle we have shortlisted three stocks, which have witnessed volume burst in the last leg of trade along with price rise.

Aster DM Healthcare: The stock of Aster DM Healthcare soared by a massive 5.55% on Wednesday outperforming the indices. The stock traded firmly in green throughout the day. The volume witnessed during the first and last hour of the session was huge. The stock rose about 2% in the last 75 minutes. Market participants should keep a close watch on this stock.

Bajaj Electricals:  The stock is currently in a downtrend for the past few weeks. After quite some time, the stock has gained a decent 1.6% forming a green candle. What’s interesting to note is that the stock is taking support at 200 DMA and has also formed a morning star pattern. The volumes witnessed during the last 75 minutes was more than 50% of the day’s volume. The stock consolidated throughout the day and shot up towards the end.

KSB: KSB is running strong for the past few weeks having no impact of the bleeding market. KSB rose about 3.7% on the trading session that ended Wednesday. The stock shot up around 3% in the last 75 minutes in an otherwise quiet trading day. The volume traded towards the ending phase of the session was about 60% of the total volume. We suggest you keep this stock on your radar.

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