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Asian Paints 3143.10 (-0.04%)
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Britannia Inds. 3555.30 (-0.51%)
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Coal India 155.90 (-1.67%)
Divis Lab. 4937.80 (2.88%)
Dr Reddys Labs 4750.90 (3.47%)
Eicher Motors 2433.90 (-3.43%)
Grasim Inds 1690.10 (-4.34%)
H D F C 2741.70 (-4.40%)
HCL Technologies 1110.05 (-1.31%)
HDFC Bank 1489.90 (-2.36%)
HDFC Life Insur. 670.65 (-2.64%)
Hero Motocorp 2529.40 (-2.52%)
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Infosys 1691.65 (-1.79%)
ITC 224.00 (-3.16%)
JSW Steel 628.65 (-7.67%)
Kotak Mah. Bank 1964.30 (-3.48%)
Larsen & Toubro 1778.15 (-3.88%)
M & M 853.75 (-4.20%)
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NTPC 128.85 (-4.70%)
O N G C 147.10 (-5.16%)
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SBI Life Insuran 1130.35 (-2.51%)
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St Bk of India 470.50 (-4.09%)
Sun Pharma.Inds. 767.30 (-1.99%)
Tata Consumer 766.70 (-5.09%)
Tata Motors 460.20 (-6.61%)
Tata Steel 1112.30 (-5.23%)
TCS 3446.85 (0.03%)
Tech Mahindra 1527.40 (-2.05%)
Titan Company 2292.30 (-4.40%)
UltraTech Cem. 7394.75 (-2.81%)
UPL 703.80 (-3.23%)
Wipro 621.45 (-2.40%)

Multibagger Alert: Rs 1 lakh invested in this stock is worth Rs 5.25 lakh in one year

Multibagger Alert: Rs 1 lakh invested in this stock is worth Rs 5.25 lakh in one year
by 5paisa Research Team 08/11/2021

Trident Ltd has become a multibagger in a year delivering over 425% return.

Trident Ltd, a mid-size S&P BSE 500 company that is primarily engaged in the textile business, has been a firecracker in shareholders’ portfolios, as it has multiplied wealth by more than 5.25 times. If you had invested Rs 1 lakh in the stock on November 9, 2020, when the stock was trading at just Rs 7.55, it would have been worth Rs 5.25 lakh as of November 8, 2021. The stock is currently trading at Rs 40 as of 12:20 pm on the BSE. The huge jump in the stock has made it one of the buzzing stocks of the year.

The quarterly results of the company for the September end came in strong. This multibagger stock has reported revenue growth consecutively for the last five quarters. The consolidated net sales jumped by 14% sequentially and 44% on a YoY basis to Rs 1692 crore. Its business segments are witnessing good traction. The EBITDA too witnessed a sequential rise of 7.2% and 76% YoY to reach Rs 405 crore. The net profit soared to Rs 234.6 crore which increased by 13.4% QoQ and 123% YoY. The multibagger stock has also rewarded its shareholders with a dividend yield of 0.91%. The ROE of the company stood at 9.57% and the ROCE stood at 9.55%. It has an adequate debt level in its books, with the debt/equity ratio standing at 0.46.

Going ahead, the company has aimed to achieve revenue of Rs 25,000 crore by 2025 (which in FY21 stood at Rs 4,531 crore), with a 12% growth in the bottom line.

Trident Ltd is a flagship company of the Trident Group, which is a vertically integrated textile and paper manufacturer and is one of the largest players in the home textile space in India. The stock has a 52-week high of Rs 43.35 and a 52-week low of Rs 7.23.

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Buzzing Stock: Muthoot Finance hits all-time high after solid Q2 show

Buzzing Stock: Muthoot Finance hits all-time high after solid Q2 show
by 5paisa Research Team 08/11/2021

The NBFC maintains its conservative 15% growth guidance in FY22

Gold Loan Company, Muthoot Finance was one of the top gainers on the BSE 500 today and was seen trading up by 8.62% 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 consolidated AUM stood at Rs 60,919 crore at the end of September 2021, clocking a growth of 5% QoQ and a growth of 17% YoY despite a challenging business environment. Over the quarter, gold loan assets increased by Rs 2,613 crore, a rise of 5%, while the net profit of the gold loan division increased 11% YoY to Rs 994 crore (99% of the consolidated profit).

The Kerala-based lender is seeing a strong demand environment for gold loans and remains optimistic about growth momentum continuing in the festive season. The company maintains a 15% guidance for FY22. Meanwhile, in the non-gold business, the NBFC had consciously decided to slow down the business but continues to monitor the space for emerging opportunities.

Muthoot is the largest gold-financing NBFC in India with a network of 5,190 branches, with the majority located in southern India. The company has created a leadership position in lending against gold jewellery with AUMs of Rs 46,678 crore as of Q2FY22. The Muthoot Group has interests in diversified businesses in areas of hospitality, media, education, healthcare, information technology, etc. However, gold loans continue to be the mainstay; hence Muthoot Finance continues to be the flagship company.

After touching record high levels of Rs 1683.1 during the day, at 1:18 pm on Monday, the stock of Muthoot Finance Limited was seen trading at Rs 1664.25, up by 8.77% or Rs 132.55 per share on BSE. The 52-week high of the scrip is recorded at Rs 1,683.10 and the 52-week low at Rs 1,090.25 on the BSE.

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These smallcap stocks of Akash Bhanshali gave above 100% return in 2021. Do you own them?

These smallcap stocks of Akash Bhanshali gave above 100% return in 2021. Do you own them?
by 5paisa Research Team 08/11/2021

While S&P BSE smallcap index is 55% up in 2021, the top holdings of Akash Bhanshali had outperformed the Sensex with huge returns of above 100% from his two smallcap picks.

With an astronomical return of 122% from one of his smallcap picks, Akash Bhanshali is surely catching the attention of investors.

Portfolio outperformers of Akash Bhanshali in 2021

1. Akash Bhanshali has a stake of 2.5% in this smallcap business engaged in manufacturing and sale of forged components of automobiles, railway, wagons and engineering parts, Ramkrishna Forgings Ltd. The portfolio worth is Rs 85.3 crore, quantity held is 8,10,82 shares. The stock has surged from Rs 473 to Rs 1,050 in 2021, which in 10 months registered a 122% return. This is among the top 10 holding of his portfolio, where there is no change in the September quarter.

2. The second outperformer is another smallcap business Inox wind Ltd which is one of the largest manufacturers of Wind Turbine Generators (WTGs) in India. He has a stake of around 5%. The portfolio worth is Rs 49.3 crore, quantity held is 5,49,518 shares. The stock has surged from Rs 64 to Rs 139 in 2021 which is in a period of 10 months registered 116% return, where there is no change in the September quarter.

Background

Akash Bhanshali leads the principal investments unit of Enam Holdings which is a privately managed principal investment group. He is recognized for identifying the potential of mid-size businesses and providing them capital and expertise to scale. He has identified and invested in business leaders across numerous industries who have turned their companies into sector icons. He has a Master’s degree in Commerce and is a qualified Chartered Accountant.

As per corporate shareholdings filed for September 30, 2021, Akash Bhanshali publicly holds 15 stocks with a net worth of over Rs 1,257.6 crore.

June – September quarter

Increase in holding

1. Bought smallcap company Arvind Fashions Ltd with a holding value of Rs 264 crore  

Decrease in holding

1.Sudharsan chemical - 3.9% sold  

2.Mahindra logistics Ltd - 0.5% sold  

3.Welspun corporation - 0.31% sold 

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These stocks are likely to be in focus on November 9

These stocks are likely to be in focus on November 9
by 5paisa Research Team 08/11/2021

On Monday, the benchmark indices started the session with a gap down opening but ended on a positive note supported by the power, metal, oil & gas, IT and PSU banking stocks.

At close, the Sensex was up 477.99 points or 0.80% at 60,545.61, and the Nifty was up 151.70 points or 0.85% at 18,068.50.

On the sectoral front, apart from pharma and bank all other sectoral indices ended in the green with capital goods, PSU Bank, IT, metal, power, oil & gas and realty indices up by 1-2%. In the broader markets, the BSE midcap index rose 1.2% and BSE Smallcap index added 0.78%.

Watch out for these stocks in Tuesday’s trading session.

Larsen & Toubro - The construction arm of the company has secured orders for its businesses in India. The Metallurgical & Material Handling (MMH) business has been awarded an Engineering, Procurement & Construction (EPC) order for 12 MTPA Dry Circuit Systems on a turnkey basis. The Buildings & Factories business has secured a prestigious order from DRDO to construct their Flight Control System Facility at ADE, Bengaluru.

Kotak Mahindra Bank– Kotak Mahindra Bank announced a new home loan interest rate of 6.55% per annum, which is valid from November 9 to December 10, 2021. Earlier in September, the bank had commenced the festive season by introducing home loan interest rates beginning at 6.50% p.a. – a limited period festive season offer that ends on November 8, 2021. The stock has zoomed 3.35% in Monday's trading session and is likely to be in focus on Tuesday.

52-week high stocks – From the Sensex pack, the stocks of HDFC Bank, L&T and UltraTech Cement have been buzzing on Monday. They have made fresh 52-week highs in Monday's trading session with UltraTech Cement gaining up to 4.19%. Keep a watch on these stocks on Tuesday.

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These smallcap stocks should be on your watchlist for Tuesday, November 9!

These smallcap stocks should be on your watchlist for Tuesday, November 9!
by 5paisa Research Team 08/11/2021

The markets rallied on Monday with BSE Sensex gaining by 477 points. The BSE Midcap index outperformed the BSE Sensex while the BSE Smallcap index performed in line with the frontline indices.

Several stocks managed to outperform the markets on Monday.

The BSE Consumer Durables index was the top-performing sectoral index, up by more than 2% on Monday assisted by the gains of Whirlpool of India, Titan and Orient Electric.

The BSE Bankex managed to close in red on Monday.

These stocks will be in limelight on Tuesday and need to be on the watchlist of the investors:

Price Volume Breakout:  Commercial Syn Bags, Swarnasarita Gems, APM Industries, Barbeque Nation, POCL Enterprises, Atishay Ltd, B N Rathi Securities, Salzer Electronics and Indian Acrylics are some of the smallcap stocks that saw a price volume breakout in the Monday trading session. These smallcap stocks will be in focus on Tuesday.

Upper Circuit Stocks: The shares of Allied Digital, Gokul Agro Resources, Navkar Corp, Hilton Metal, Digjam, Axiscades Engineering, VIP Clothing, Atlanta Ltd and Everest Kanto were seen locked in the upper circuit in the Monday trading session. These shares will be in limelight on Tuesday.

White Marubozu Candlestick Chart Pattern: The shares of RS Software, Rishi Techtex and Tiger Logistics were seen trending higher on Monday. A White Marubozu Candlestick Chart pattern was formed in these counters which indicates buying interest. These stocks managed to close at their days' high prices which indicates positive closing. These trending small caps will be in focus on Tuesday.

Bullish Engulfing Pattern:  A bullish engulfing chart pattern was formed in Oriental Rail Infrastructure, KG Petrochem, Alufluoride, Metroglobal, Deep Polymers and Aakash Exploration Services. These stocks will be in focus on Tuesday.

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These PSU stocks have doubled year till date: Do you own them

These PSU stocks have doubled year till date: Do you own them
by 5paisa Research Team 08/11/2021

Nifty PSE has outperformed Nifty 50 in every period in the last one year.

The last couple of weeks have not been very kind to the equity market especially the frontline equity indices. Nevertheless, PSU stocks and indices have been outperforming the market. And this outperformance is not limited to the last couple of weeks. Nifty PSE, an index that comprises 20 stocks that are listed on the National Stock Exchange (NSE) where 51% of company's outstanding share capital is held by the Central Government and/or State Government, directly or indirectly, has generated a return of 46% while Nifty 50 in the same period has given a return of 28.14%. Even month to date Nifty PSE has outperformed Nifty 50. The reason for such outperformance is the re-rating of PSU stocks owing to some assertive steps by the government such as the sale of Air India to Tata Group, which is a positive trigger for PSU stocks. Such privatization helps to unlock huge potential opportunities for stocks.

Following table shows the performance of Nifty 50 and Nifty PSE

Period  

NIFTY 50  

NIFTY PSE  

MTD  

1.39%  

2.01%  

3m  

10.20%  

12.71%  

6m  

23.59%  

27.41%  

YTD  

28.14%  

46.09%  

1Y  

50.45%  

78.33%  

The table above shows that Nifty PSE has outperformed Nifty 50 in every period in the last one year.

National Aluminium Company: The stock is up by 225%, year till date. It has rallied from Rs 44 at the start of the year to Rs 100 on November 4, 2021. This rise was primarily driven by the rise in aluminium prices, which surged to their record high.

Oil India: The share price of this Maharatna Company is up by 202%, year till date. A share of Oil India was available at Rs 108 at the start of the year, which has now gone up to Rs 220. Again rise in energy prices has helped the company’s share price to outperform.

There are other companies on the list such as BHEL, SAIL among others that are up by more than 50% has helped investors to create wealth.

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