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Multibagger Alert: Investment of Rs 1 lakh in this sugar stock last year would have turned to Rs 2.28 lakh today! Should you invest now?

Multibagger Alert: Investment of Rs 1 lakh in this sugar stock last year would have turned to Rs 2.28 lakh today! Should you invest now?
by 5paisa Research Team 12/11/2021

The company’s stock price went from Rs 149.15 on 12 November 2020 to Rs 340.1 (as of 11 November 2021). It touched a 52-week high of Rs 398.25 on 18 October 2021.

Balrampur Chini Mills Limited, an integrated sugar manufacturing company engaged in the manufacturing of sugar, ethanol and power, has turned into a multibagger by delivering returns of 128% in the last one year.

The company operates in the segments of sugar, distillery, co-generation and others. Its allied business comprises manufacturing and marketing of ethyl alcohol and ethanol, generation and selling of power, and manufacturing and marketing of organic manure. Its products include molasses and bagasse.

Industry dynamics-

  • Owing to factors like GDP growth, rising disposable income, increasing demand for processed foods etc., sugar consumption in India is expected to grow.

  • Furthermore, prudent government policies, rational cane pricing, setting standard floor prices for sugar by way of MSP, robust ethanol blending program, are other factors that will drive the growth of the sugar industry in India.

Financial highlights-

In Q2FY22, on a consolidated basis, the company’s net revenue stood at Rs 1213.83 crore. It's PBIDT (ex OI) came in at Rs 134.85 crore, an increase of 5.56% YoY, with a corresponding margin expansion of 121 bps. PBIDT (ex OI) margin for the quarter stood at 11.11 per cent. The bottom line of the company increased by 9.67% YoY to Rs 81.12 crore, whereas its corresponding margin stood at 6.68%, representing a YoY expansion of 95 bps. 

Capex and expansion plans-

The company has a strong emphasis on growth through ethanol expansion. It is currently undertaking greenfield/brownfield expansion for a distillery at Maizapur, Balrampur and Gularia. The company is in the process of modernizing and upgrading its sugar factories, which is expected to come on stream from November 2022. Moreover, it is installing incineration boilers as part of the proposed distillery expansion, the surplus power from which can be exported to the grid on finalization of PPA. Speaking about the capex plans for the next year, the capex estimates stand at Rs 363 crore. Of this, the company plans to borrow Rs 140 crore from banks, and the rest shall be procured from internal accruals.

At 3.02 pm, the share price of Balrampur Chini Mills Limited was trading at Rs 341.4, an increase of 0.38% from the previous day’s closing price of Rs 340.1 on BSE.

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Want to invest like the much loved celebrities? Lets take a peek into their portfolios

by 5paisa Research Team 12/11/2021

Nykaa’s blockbuster listing on stock market made many investors millionaires, among these investors there are a few well known celebrities like Katrina Kaif and Alia Bhatt who reaped over 10X benefits on their investments. Katrina Kaif entered into a joint venture with the company way back in 2018, to set up Nykaa-KK beauty. According to the DRHP, she invested around Rs.2.04 crores in Nykaa which has now increased substantially to Rs.22 crore as per Wednesday’s closing price.

Alia Bhatt had also invested Rs.4.95 crore in the parent company of Nykaa- FSN E-commerce ventures, in July 2020. This investment is now worth a whopping Rs.54 crore. She also holds a minority stake in a Mumbai based fashion tech startup called StyleCracker.

This is just one of the examples of our much loved celebrities investing wisely. Lets look at a few more:

1. Amitabh Bachchan- One of the most loved celebrities of all times, Amitabh Bachchan made a huge profit of 46 times his investment in the company Justdial in 2013. He didn’t stop there, the actor went on to invest in other low profile companies. He currently holds 1.49% stake in Birla Pacific Medspa (16,75,000 shares). The actor has invested in Fineotex Chemical and holds a stake of 3.97%, that is around 4,45,482 equity shares. He had increased his holding by 0.07% when the stock price was lower by 15%. Bachchan also has a holding of 2.3% (5,50,000 shares) in Mand B Switchgears and 1.71% stake in Neuland Labs, consisting of 92,530 shares.

2. Very recently, Kareena Kapoor Khan also announced that she has partnered with Instagram so as to rescue a Ahmedabad based small business called myBageecha.

3. Veteran actor Suniel Shetty has always been known as a serial investor in startups. His most recent investment was in Sai Estate Management and Skills Institute, in June 2020. He also invested in startups like the Kochi based Veiroots, Fittr (now backed by Sequioa Capital India’s Surge) and a Pune based startup called Squats.

4. One of the most loved actresses in recent years, Deepika Padukone, has investmented in a learning and community platform called FrontRow. As of now, the company has raised around $3.2 million through initial investments from various investors like Lightspeed and Elevation and Deepika Padukone’s Family Office. The young actress forayed into the investment world in 2019 through her investment in Drums Food International, the parent company of the well known brand, Epigamia. Her portfolio also contains brands like Purplle and BluSmart.

5. Cricketers like Yuvraj Singh and Shikhar Dhawan aren’t far behind. It has been reported that they have invested Wellversed and SARVA, this year itself.

6. Virat Kohli has invested in multiple companies to date, including Mobile Premier League, and online gaming platform and Digit Insurance.

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These stocks are likely to be in focus on November 15

These stocks are likely to be in focus on November 15
by 5paisa Research Team 12/11/2021

The benchmark indices ended the week on a cheering note and traded higher throughout Friday’s trading session.

At close, the Sensex was up 767.00 points or 1.28% at 60,686.69, and the Nifty was up 229.20 points or 1.28% at 18,102.80. About 1556 shares have advanced, 1628 shares declined, and 143 shares are unchanged.

On the sectoral front, IT, power, capital goods and realty rose 1% each. In the broader markets, the BSE midcap and smallcap indices ended higher.

Watch out for these stocks for Monday’s trading session - 

Hindalco Industries- The stock of Hindalco Industries has zoomed by 3.06% in Friday’s trading session. The stock is 13.9% down from its 52-week high price hit in mid-October 2021. On the charts, the stock has shown a bounce back from the current support level and is likely to be on traders or investors radar.

On Friday, the company declared quarterly results for Q2FY22. Consolidated net profit stood at Rs 3,417 crore against Rs 387 crore reported in Q2FY21 whereas consolidated revenue was recorded at Rs 47,665 crore in comparison with Rs 31,237 crore in the same quarter previous year.

Indiabulls Housing Finance- In the declared quarterly results for Q2FY22, the company’s board approved the issuance of unsecured and/or secured, listed and/or unlisted, redeemable non-convertible debentures, for an aggregate amount up to Rs 5,000 crore on private placement or public issue basis or otherwise. The company reported an 11.42% lower consolidated profit and an 11.88% decline in revenue in Q2FY22 on a YoY basis. The stock has ended 4.8% higher in Friday’s trading session.

52-week high stocks – From the BSE 100 index, the stocks of ACC, Bharti Airtel, Cholamandalam Finance, InterGlobe Aviation and Page Industries have made fresh 52-week high prices. Keep a watch on these stocks on Monday.

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Top swing trading ideas you should not miss!

Top swing trading ideas you should not miss!
by 5paisa Research Team 12/11/2021

Best Swing Trading ideas based on price and volume percentage surge. Chalet Hotels, Lakshmi Machines, and ICICI Securities.

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:

Chalet Hotels: The stock surged by a massive 8.33% on the trading session that ended Friday. It formed a strong green candle on the chart with a bigger volume which was well above its 10-day and 30-day daily average volume. The stock broke its horizontal level of 270 in its third attempt and looks to start its upward journey. We can easily see the stock touch its 300 level in the coming days. It is currently trading above all its key moving average which shows that the stock is trending strong. The RSI is at 73, which validates a positive view of the stock. Considering the strong breakout, the stock looks attractive for swing trading.

Lakshmi machines: This manufacturing machinery-based company rose 4.82% on Friday closing at its 52-week high, forming a strong green candle with a larger volume. The stock is extremely bullish since a few trading sessions and bigger volumes seen today validate that there is a lot more to come. The RSI is going strong at 68. With the kind of momentum it is showing, the stock looks to create new highs in uncharted territory. Swing traders can keep this on the radar for an up-move with appropriate stop loss.

ICICI Securities: This stock closed after moving 3% up and closed above 20-DMA. It is about 100 points away from its all-time high. The stock is above its key moving averages and RSI is also at 56. The volume is steadily increasing for three days which state that there could be an up-move coming up. The stock looks technically strong and can test its 900-levels soon. Considering its strong price action with good volumes, traders must include this stock in their watchlist for upcoming days.

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Cochin Shipyard is getting the mojo back with improvement in the top line and better margins

Cochin Shipyard is getting the mojo back with improvement in the top line and better margins
by 5paisa Research Team 12/11/2021

Cochin Shipyard, one of India’s top 10 public sector undertakings and which is also the first greenfield and presently the most modern shipbuilding yard in India, has an enviable reputation for building high-quality ships.

CSL has been rated excellent by the Government of India, four times in a row for achieving the targets set for the yard under the MOU system. Cochin Shipyard basically has two major business segments - shipbuilding and ship repair.

Cochin Shipyard has declared its quarterly result for the period ended September 30, 2021. Consolidated revenue from operations for the quarter Q2FY22 came in at Rs 696.14 crore as against Rs 657.4 crore in the corresponding quarter last year, gaining a growth of 5.89%. Revenue was also up by 111.32% on a QoQ basis. The EBITDA increased by 31.27% and stood at Rs 164.41 crore as against Rs 125.24 crore a year ago. The EBITDA margins improved by 457 bps YoY from 23.62 to 19.05% in Q2FY22. PAT also improved by 22.53% YoY to Rs 131.31 crore. PAT margins improved by 256 bps YoY from 16.3 to 18.86% in Q2FY22.

Shipbuilding constituted around 75% share in total revenues for the quarter at Rs 55505.08crores. followed by ship repairs constituting around 19% of total revenue at Rs 14109.37crores.EBITA from these segments contributed 83.34% and 9.63% respectively for the quarter.

After combating the effects of Pandemic induced lockdown in the first quarter which negatively impacted its operations the company has revived itself in the second quarter. The company has a strong order book size of around Rs 20,000 crore, which includes private, government and navy shipbuilding and ship repairs.

The shares of the company today touched a high of Rs 383 and closed  at Rs 371.50 with a loss of 0.70 per cent today.

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Top 5 Largecap gainers and losers this week!

Top 5 Largecap gainers and losers this week!
by 5paisa Research Team 12/11/2021

List of top 5 gainers and losers this week in the Largecap space.

Market sentiment has been somewhat weaker with respect to institutional flows over the last week as FIIs have been net sellers worth Rs 7938.15 crore so far in November 2021. Exuberant participation in primary issuances and high leverage, combined with peaking of earnings upgrade cycle, poses a risk in the near-term for broader markets. In the past week, stocks such as IndusInd Bank, Oberoi Realty, Divi’s Laboratories, Tata Communication and Godrej Properties were among those that succumbed to selling pressure and corrected.

In the period from Thursday i.e., November 04 to November 11, the Nifty 50 index fell 0.24% from 17916.8 to 17873.6. Similarly, the BSE Sensex registered a decline of 0.25% from 60067.62 to 59919.69.

 Let us have a look at the top gainers and losers in the large-cap space during this period. 

Top 5 Gainers 

Return (%) 

Adani Total Gas Ltd. 

15.08 

Adani Enterprises Ltd. 

11.17 

Bharat Electronics Ltd. 

10.60 

Muthoot Finance Ltd. 

10.14 

Zomato Ltd. 

6.99 

 

Top 5 Losers 

Return (%) 

IndusInd Bank Ltd. 

-13.09 

Oberoi Realty Ltd. 

-7.26 

Divi's Laboratories Ltd. 

-7.15 

Tata Communications Ltd. 

-5.73 

Godrej Properties Ltd. 

-5.68 

 

 

Adani Group Stocks

Shares of Adani Group companies were in focus this week with two group stocks - Adani Total Gas and Adani Enterprises nearing their all-time high levels on the BSE. In the past week, these Adani Total Gas and Adani Enterprises have rallied in double-digits on the BSE, outperforming the broad market BSE Sensex.

Individually, Adani Total Gas rallied 15.08% to Rs 1,650.05, nearing its all-time high of Rs 1680 hit on June 4, 2021. Similarly, Adani Enterprises was up 11.17% to Rs 1664.45 on the BSE on November 11, 2021 and. Earlier this year, the stock had hit an all-time high of Rs 1,718.45 on June 7, 2021.

Adani Total Gas is one of India's leading private players in developing City Gas Distribution (CGD) networks to supply Piped Natural Gas (PNG) to industrial, commercial, domestic (residential) customers and Compressed Natural Gas (CNG) to the transport sector.

Meanwhile, Adani Enterprises is presently focused on businesses related to airports, roads, water, data centre, solar manufacturing, defence and aerospace, edible oils and foods, mining, integrated resource solutions and integrated Agri-Supply chain.

Bharat Electronics

Shares of Bharat Electronics zoomed 10.60% this week to Rs 223.25 from Rs 201.85 on November 4, 2021. The company was among the constituents to be added to the MSCI India Domestic Index in MSCI’s Semi-Annual Index Review for the Equity Indexes. The company joined the likes of Zomato, SRF, Tata Power, Mindtree, Godrej Properties, Indian Railway Catering and Tourism Corporation (IRCTC), Mphasis, and Bajaj Holdings and Investment Ltd are the additions in the standard index.  The adjustment for its November semi-annual index rebalancing will take place on November 30, 2021, and the rejig will be with effect from December 1, 2021. Estimates indicate that inclusion in the standard Index sees a passive flow of around USD 1.3 billion into the country.

Muthoot Finance

Gold Loan Company, Muthoot Finance was one of the top gainers this week, rising 10.14% after reporting a healthy set of Q2FY22 numbers. The finance company, which also operates home loan, micro-finance and insurance broking subsidiaries, said that its revenue from operations increased to Rs 3,052.16 crore during the quarter, as opposed to Rs 2,821.02 crore in the same quarter for a previous fiscal year, thereby registering a growth of 8.52%. The Kerala-based lender is seeing a strong demand environment for gold loans and remains optimistic about growth momentum continuing in the festive season.

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