Nifty 17196.7 (-1.18%)
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%)
HDFC Bank 1513.55 (-0.80%)
HDFC Life Insur. 690.95 (-2.03%)
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%)
IndusInd Bank 951.15 (0.59%)
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%)
M & M 836.95 (-1.48%)
Maruti Suzuki 7208.70 (-1.59%)
Nestle India 19321.35 (-0.93%)
NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
Power Grid Corpn 206.10 (-3.92%)
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%)

Rs 1 lakh invested in these stocks is worth up to Rs 52.2 lakh in just one year!

Multi-bagger Stocks
by 5paisa Research Team 29/09/2021

Ever wondered about achieving a return of 3,000% in just one year in the Indian stock market. Let us take a look at three stocks that have gained more than 3,000% returns in a matter of one year. Read on to know more.   

TTI Enterprise Limited   

TTI Enterprise Limited is a non-banking financial company. TTI Enterprises Limited invests in shares and securities and provides short term and long term financing. The stock gave a return of 5,225% from its 52 week low in just a year. Rs 1 lakh invested in this company would have fetched an investor Rs 52.2 lakh approximately at its current price.   

Ushdev International Ltd    

Ushdev International Limited, a part of the Ushdev Group, was formed on May 14, 1994. From being a commission agent, it has become a power generating and trading company and is listed on the BSE since incorporation. Rs 1 lakh invested in this company a year ago would have fetched an investor Rs 37 lakh approximately at its current price thereby gaining 3,639%.   

Bombay Wire Ropes Ltd   

Bombay Wire Ropes Limited was incorporated in 1961. It was one of the largest manufacturers of wire ropes in India as well as a leading speciality steel manufacturer in India. With a history of more than 50 years, it has manufacturing facilities located in Thane, Mumbai. Rs 1 lakh invested in the company a year ago would have fetched an investor Rs 31 lakh approximately at their current prices 

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Superstar stocks for tomorrow!

superstar stocks for tomorrow!
by 5paisa Research Team 29/09/2021

Looking for stocks that could deliver good returns till tomorrow, meet the superstar stocks for tomorrow which are selected based on a three-factor model.

Many of the time market participants see a stock opening with a gap-up and wish they should have bought this superstar stock a day before to take advantage of the gap-up move. To fulfil this wish, we have come out with a unique system, which would help us to get the list of candidates that can be probable superstar stocks for tomorrow.

The superstar stocks for tomorrow selected are based on a three-factor prudent model, the first important factor for this model is price, the second key factor is pattern, and last but not least is the combination of momentum with volume. If a stock passes all these filters it would flash in our system and as a result, it will help traders to spot the superstar stocks for tomorrow at the right time!

Here are the superstar stocks for tomorrow!

National Aluminium Company:Metal stocks are back in reckoning on the bourses on Wednesday and among them, the top-performing stock is National Aluminium.The stock is trading with gains of over 5% and importantly the stock had witnessed an open=low scenario, thereafter it has been trending higher. The volume for the days has already surpassed its previous trading session volume. In addition to this, the stock has witnessed good demand from the bulls in the last half an hour of trade as price rise is accompanied by the huge spurt in the volume. The RSI on the hourly time frame has entered into bullish territory, while on the daily time frame it has surpassed its prior swing high. The stock can probably touch levels of Rs 100 on the upside. Given the highly volatile nature of the Metal stocks, one can maintain a stop loss of Rs 92.

Godfrey Phillips India:The stock of Godfrey Philips has hit a fresh 52-week high on Wednesday and witnessed a breakout of a flat base pattern. The flat-base pattern is 14-weeks long and it has a depth of nearly 13%. Moreover, the flat-base pattern breakout is accompanied by a huge spurt in volume and already surpassed its 20-days average volume. What’s more profound is that majority of the volume in the stock has been seen in the last one hour of the trading session, which signifies buyers’ enthusiasm for the stock. The RSI is in the bullish territory on the hourly, daily and weekly time frame. The stock has the potential to touch levels of Rs 1180 followed by Rs 1220, while immediate support is placed at Rs 1110.

 IRB Infrastructure Developers:The stock has witnessed a breakout of the cup and handle like pattern which is accompanied by above-average volume. The RSI is in the bullish territory on the hourly, daily and weekly time frame. In addition to this on the daily time frame, the RSI has surpassed its prior swing high. The stock has the potential to test levels of Rs 195 followed by Rs 200 and immediate support for the stock is placed at Rs 180

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Varun Beverages back in growth mode, stock still has upside left after doubling

by 5paisa Research Team 29/09/2021

Varun Beverages Ltd (VBL), PepsiCo Inc.’s exclusive bottler in India, will soon be looking to expand its operations into relatively under-penetrated markets and integrate its southern and western territories in the country. 

The company is also looking to expand its international operations and build distribution channels for other Pepsi brands, according to a report by IIFL Securities Ltd.

Citing senior VBL executives, IIFL Securities said the Jaipuria family-owned bottling company is looking to scale up operations in states like Bihar and Jharkhand.

“Per-capita consumption in under-penetrated territories such as Bihar and Jharkhand is one-third of the national average and has significant potential to grow via market-development efforts,” the report said. 

VBL is also looking beyond Pepsi and build its distribution channels for other brands including Tropicana juices and more recently launched ones like Mountain Dew Ice and Sting. 

Interestingly, VBL’s bid to focus more on Tropicana comes even as PepsiCo is reportedly looking to sell the brand along with other juice brands for $3.3 billion to a joint venture majority owned by private equity firm PAI Partners.

Varun Beverages eyes foreign shores

Apart from looking for growth prospects within India, VBL is also looking to raise PepsiCo’s market share across countries as diverse as Nepal and Zimbabwe, where the beverage company already controls 45% and 55% of the market, respectively. VBL is also looking to expand its presence in Morocco. 

“In Morocco, Pepsi’s mkt share is about 14% and the company has been constrained by the non-compete agreement for water as well as the foreign language (French and Arabic) barrier. However, it now has the rights for water and would focus on expanding market share,” the report said. 

VBL executives also say that it could look at expanding to more English-speaking countries across Asia and Africa, provided there is little political and currency volatility risks.

Higher capex

As the bottler eyes expansion across India and other regions, VBL executives say the company’s capital expenditure for the year 2022 will be higher than depreciation. 

A significant proportion of this rise will come on account of VBL looking to add a new bottling plant in Bihar as well as invest in PET capacities. 

The company will also have to significantly ramp up its investment towards backward integration, as it looks to combine its southern and western operations. 

VBL is one of PepsiCo’s biggest franchisees outside of the US. The company was set up in 1995. It currently operates across 27 Indian states and several countries including Nepal, Sri Lanka, Morocco, Zambia and Zimbabwe, where, like India, it is PepsiCo’s exclusive bottler.  

VBL gets 74.2% of its business from India, 13.3% comes from Zambia and Zimbabwe, and 5% each from Morocco and Nepal. Sri Lanka generates just over 2% of the company’s revenue. 

While carbonated beverages make up for a lion’s share of the company’s business, 21% of its revenue comes from packaged water and 6% from non-carbonated beverages.

Outlook for Varun Beverages

The Covid-19 pandemic dampened the company’s performance in the past two years, but its management is now confident of volumes bouncing back as the situation normalises.

Indeed, the company’s revenue fell 9.5% in calendar year 2020 to Rs 6,450 crore from Rs 7,129.6 crore the year before. Its EBITDA margin shrank to 18.6% in 2020 from 20.3% in 2019 while profit after tax dropped to Rs 329 crore from Rs 469 crore. But the company is back on the growth path, IIFL Securities said.

According to the IIFL report, Varun Beverages is likely to record a 60% jump in profit after tax to Rs 634 crore in 2021 and a 55% increase next year. The EBITDA margin is expected to expand to 19.3% this year and to 21.1% next year.

IIFL retains a “buy” call on the Varun Beverages stock, with a target price of Rs 1,050 apiece over the next one year. That’s a 13% upside on the company’s current market price. The shares have already more than doubled over the past year.

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Multibagger Alert: This Plastic-Pipe stock has gained by 23 % in one month alone!

Multi-bagger Stocks
by 5paisa Research Team 29/09/2021

Finolex Industries has turned multi-bagger during the recent bull run and is now trading near lifetime highs. 

Finolex Industries Limited (FIL) has become a multi-bagger stock after it has more than doubled investors’ money in the past year on the back of strong fundamentals and robust growth prospects. The stock has rewarded investors with a return of 106.41 per cent during the past year. 

Despite state-wide lockdowns imposed during the second wave of the pandemic, the plastic pipe manufacturer saw revenue growth of 71.87 per cent YoY to Rs 965.72 crore in Q1FY22. Pipes volume grew by 5.5 per cent YoY to 55,819 MT and PVC volume was up by 10.6 per cent to 50,249 MT. CPVC volumes saw a threefold increase in Q1FY22, it stood at 2,431MT compared to 882MT in Q1FY21. This translated into strong operating and bottom line performance for the company.

Over the years,FIL has been shifting its business model from B2B to B2C, which is expected to aid in margin expansion. It aims to increase its share of pipes revenue from the non-agri segment to 40 per cent in the years ahead (from existing 30 per cent).The non-agri and CPVC pipes are high margin products, thus the overall margin is with higher contribution from these segments would improve going forward. FIL’s high exposure to the rural market which is performing well and the company’s traction in market share gains in the pipes and fitting segment are key positives driving stock price.

Looking ahead,a growing agriculture sector, infrastructure development, rapid industrialization,favourable Government policies,and growing usage of PVC in flooring applications across private, commercial and industrial premises are expected to contribute to the growing demand for PVC resin and should continue to benefit a company such as FIL.

Finolex Industries Limited is one of the top manufacturers of PVC pipes and fittings and the third-largest PVC resin manufacturer in the country, accounting for almost 20 per cent of market share by capacity.

Currently, the stock is trading at Rs 207.05, down marginally by 0.84 per cent or Rs 1.75 per share on BSE.On September 28, 2021, it touched its all-time high of Rs 210 per share on BSE

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Small-cap stocks: Keep a close eye on these trending stocks for tomorrow!

Small-cap stocks In Focus
by 5paisa Research Team 29/09/2021

BSE Utilities and Power indices jumped by more than 3.5% and outperformed broader markets. BSE Small-cap index climbed 111.56 points i.e. 0.40% to end at 27,926.54.  

On 29 September 2021, Wednesday headline indices Nifty 50 and Sensex ended in the red territory at 17,711.3 and 59,413.2 respectively after a choppy trading session. Nifty Bank fell by 0.53% i.e. 202 points. NTPC, Coal India, Power Grid and Sun Pharma were among the blue-chip top gainers. While HDFC, Kotak Mahindra Bank, Asian Paints and Ultratech Cement were among the top losers. BSE Utilities and Power indices jumped by more than 3.5% and outperformed broader markets. BSE Small-cap index climbed 111.56 points i.e. 0.40% to end at 27,926.54.  

Keep a close eye on these trending small-cap stocks for tomorrow.

Birlasoft – The company announced its offering of comprehensive SAP® portfolio services to accompany the RISE with SAP package. It supports ‘RISE with SAP’ with assessment services and frameworks, qualified Line of Business solutions, pre-packaged industry solutions, tools and accelerators, and intelligent automation solutions on SAP Business Technology Platform. Their services help organizations increase the speed-to-market, revenue growth, and reduce the total cost of operations. The company anticipates scaling its SAP cloud business 50% over the next three years, building and expanding its RISE with SAP offerings across its industry portfolio. 

SVP Global Ventures – The company has announced their plans to invest Rs 100 crore in setting up a 4,375 MT per annum green-field facility for technical textiles at Jhalawar, Rajasthan. It aims to manufacture protective uniforms and functional garments, medical textile, mobil tech, anti-odour and antibacterial knitted fabric for medical and cosmetic uses in apparel and expand gradually in other products. Commercial production is expected to commence in 12 to 15 months. The company expects revenues of around Rs 175 crore per annum from technical textiles. 

52-week High Stocks - The following stocks have made fresh 52-week high today – JITF Infralogistics, Genesys International, Proseed India, Manali Petrochemicals and Golden Tobacco. Keep a close eye on these counters on Thursday, September 30, 2021.

Read More : Swing Trading Stocks

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These stocks are likely to be in focus on Thursday!

Stocks In Focus on Thursday!
by 5paisa Research Team 29/09/2021

On Wednesday, the benchmark indices have ended in red for the second consecutive session. 

Sensex settled 254.33 points or 0.43 % down at 59,413.27 level, and the Nifty contracted 37.30 points or 0.21% settling at 17,711.30 level. While the auto, bank, capital goods and FMCG stocks experienced selling pressure, power, metal, pharma and realty indices ended in green adding 1-3.5% 

Following stocks are likely to be in focus on Thursday

Piramal Enterprises - The company announced that it has acquired Dewan Housing Finance Corporation (DHFL) by paying the latter's creditors Rs 38,000 crore. The amount can be split as Rs 34,250 crore to be paid by Piramal Capital and Housing Finance (PCHFL) in cash and non-convertible debentures, and Rs 3,800 crore from the cash balance of DHFL. 

Blue Star - The company informed that it would invest around Rs 550 crore over the next few years for setting up a greenfield manufacturing unit at Sri City, in Andhra Pradesh. The construction of the new plant has been commenced by Blue Star Climatech, a newly formed wholly-owned subsidiary of Blue Star. The plant will be highly automated which aims to produce globally competitive products.  

52-week high stocks -The stocks of NTPC, ONGC, Power Grid Corporation of India, Sun Pharmaceutical Industries and Titan Company have made fresh 52-week highs in Wednesday's trading session. 

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