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%)

Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 14, 2021.

Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 14, 2021.
by 5paisa Research Team 13/10/2021

Stocks that are in focus, Stocks to buy for tomorrow, Superstar Stocks selected on basis of a three-factor model, Indiamart Intermesh, Hindustan Zinc and Trent.

Many times 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 the 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, will help traders to spot the superstar stocks for tomorrow at the right time!  

Here are the superstar BTST stocks for October 14, 2021.

Indiamart Intermesh: The stock has gained nearly 4.5% on Wednesday as a result it has formed a supersized bullish candle along with a surge in the volumes. The volume for the day has already surpassed its previous trading session. The RSI on an hourly and weekly time frame is in the 'super' bullish territory, while on the daily time frame it’s in bullish territory. The stock can probably test levels of Rs 9400 followed by Rs 9500 on the upside, while on the downside, support is seen around Rs 9060.

Hindustan Zinc: Shares of the company have jumped over 5% on Wednesday. The stock has formed a supersized bullish candle along with a surge in the volumes. Interestingly, almost two hours are remaining in Wednesday’s session and the stock has already surpassed the volume of its previous trading session. The 14-period RSI is in the super bullish territory on hourly and daily time frame. The stock has the potential to test levels of Rs 351 followed by Rs 357 on the upside. On the downside, the level of Rs 330 is likely to act as immediate support for the stock.

Trent: The stock has formed a sizable bullish candle on the daily chart and the volume for the day is greater than the last three trading sessions. The RSI on the hourly, daily and weekly chart is in super bullish territory. The stock has the potential to test levels of Rs 1270 and immediate support for the stock is placed at Rs 1160.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

These Penny Stocks are locked in the Upper Circuit on Wednesday, October 13.

These Penny Stocks are locked in the Upper Circuit on Wednesday, October 13.
by 5paisa Research Team 13/10/2021

The markets scaled new highs with auto stocks and banking majors contributing to the frontline indices gains on Wednesday. Mahindra and Mahindra is the top BSE Sensex gainer while Power Grid and Titan have gained by more than 3% each. Tata Steel is seen leading the metal pack on an intraday basis, up by 3%.

The broader market is seen outperforming the frontline indices with the BSE Midcap index up by 1.34% and SmallCap index up by 0.72%.

Tata Power is the top BSE Midcap index gainer, the stock is in the midst of an amazing upward rally from the past week. On Thursday, the stock is up by more than 13%, while BHEL has zoomed more than 8% and Indian Hotels which has soared by more than 5%.

Tata Group stocks are once again seen grabbing the headlines with Tata Motors up by 20%, Tata Chemicals and Tata Powers soaring by more than 10% each, Tata Consumer share price is seen jumping higher by more than 3% and Tata Steel also seen outperforming the markets on Wednesday on an intraday basis.

RIL is on the verge of a breakout and is seen gaining momentum with rising volume.

BSE Auto index, BSE Metal index, BSE Consumer Durables index, BSE Power index and BSE Industrial index are seen outperforming the markets on Wednesday. 

While action is seen across the board on Wednesday, several penny stocks were seen outperforming the markets.

Here is the list of penny stocks that are locked in the upper circuit on Wednesday:

This is the table code -

Sr No   

Stock Name   

LTP   

Price Gain (%)   

1  

Llyod Steels   

4.7  

4.44  

2  

Orient Green Power   

4.9  

4.26  

3  

Gayatri Highways   

0.8  

6.67  

4  

Raj Rayon   

0.45  

12.5  

5  

Vijay Finance   

1.95  

2.63  

6  

Indosolar Ltd   

2.85  

3.64  

7  

Indowind Energy   

9.35  

4.47  

8  

Grand Foundry   

3.75  

4.17  

9  

Ankit Metal Power   

2.8  

3.7  

10  

PVP Ventures   

5.6  

4.67  

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Gautam Adani earned Rs 1000 crore per day for a year: A new normal far stretched.

Gautam Adani earned Rs 1000 crore per day for a year: A new normal far stretched.
by 5paisa Research Team 13/10/2021

Gautam Adani has become the second richest person in Asia, jumping two ranks higher.

According to the latest IIFL Wealth Hurun India Rich list 2021, Gautam Adani and his family’s wealth soared to Rs 5.05 lakh crore from Rs 1.04 lakh crore in the previous year to be the second richest person in Asia just behind Mukesh Ambani. The chairman of Reliance Industries has topped the list for the 10th year in a row, with an aggregate wealth of Rs 7.18 lakh crore.

But, what has been exceptional, is the growth in wealth for Adani. It has grown by a whopping 261% over last year, nearly quadrupling Adani's wealth. On an average basis, he has earned about Rs 1,002 crore a day for a whole year. That’s massive wealth creation!.

The immediate question arises in everyone’s minds is ‘How’?

Well, the answer lies in the capital appreciation of Adani Group companies. Its companies have flared with flying colours. Almost all of the companies under Adani Group, where Gautam Adani, chairman of Adani Group, holds a substantial controlling stake, have turned to be multibaggers in a year. As of October 12, 2021, the Adani Enterprises has grown by nearly 400%, Adani Total Gas share price has grown by 632%, Adani Transmission by 465%, Adani Green Energy by 71%, Adani Ports by 110%, and Adani Power by about 180%. Such tremendous bullish rallies in all family-owned stocks have led to an enormous rise in the wealth of the designated industrialist, Gautam Adani.

From being a budding entrepreneur from the state of Gujarat, starting with the commodities trading business in 1985, Gautam Adani has expanded his business into renewable energy, aerospace, logistics, agriculture, among other businesses to be the second richest Asian. His association with PM Modi might be a matter of controversy to many, but it is crucial to watch what social, economic and environmental impact this industrialist would make in coming times in India.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Reliance Industries riding high on ESG sentiment.

Reliance Industries riding high on ESG sentiment!
by 5paisa Research Team 13/10/2021

Reliance Industries Ltd, the oil to retail conglomerate is big on green energy push with back to back acquisitions and partnerships. 

Reliance Industries, the Rs 18.05 lakh crore market capitalization company, is one of the main drivers of the bull sentiments on the bourses.

The stock has given a price return of 14.23% in the past month fueled by its acquisition spree.

As the world is moving towards green energy to reduce carbon footprints, investors are increasingly screening companies on their ESG compatibility. Reliance is showing its resilience to go green.

“Our world has only one option: rapid transition to a new era of green, clean and renewable energy.” The visionary Mukesh Ambani spoke at the 44th AGM of RIL. He pledged to invest Rs 75,000 crore in the next three years to set up a solar manufacturing unit facility, a battery factory to store energy, a fuel cell-making factory and an electrolyser unit to produce green hydrogen as a part of the business. The new investments are meant to pivot the conglomerate to cleaner fuels.

Here’s a brief note of the recent green energy moves by India’s largest private-sector corporation:

1)Reliance New Energy Solar Ltd, a wholly-owned subsidiary of Reliance Industries Ltd, announced the acquisition of 100% shareholding of Norway based REC Solar Holdings AS (REC Group) from China National Bluestar (Group) Co Ltd, for an Enterprise Value of USD 771 million ( Rs 5793 crore).

Rationale -This acquisition will provide Reliance with a ready platform to expand and grow in key green energy markets globally, including Europe, the US and Australia.

2) RNESL further announced to acquire a 40% stake in Sterling & Wilson Solar Ltd (SWSL) through a combination of primary investment, secondary purchase and an open of about Rs 2845 crore.

Rationale - SWSL, a leading and highly reputed international EPC and O&M service provider in the renewables sector will be a valuable addition to its solar value chain. The acquisition will help Reliance to make inroads into Middle East markets where SWSL has a strong presence.

3) RNESL and Denmark-based Stiesdal A/S have signed a cooperation agreement for technology development, and manufacturing of Stiesdal’s HydroGen Electrolyzers in India.

Rationale –Combine their strengths and capabilities and collaborate towards innovative electrolyzer technology capable of producing hydrogen at a significantly lower cost compared to current levels.

 “In partnership with Stiesdal, RIL would strive to achieve its stated goal of offering Hydrogen energy under USD 1 per kg in one decade,” Mukesh Ambani stated.

4) RNESL becomes a strategic lead investor in NexWafe GmbH for 25 million euros ( USD 28.8 million).

Rationale - NexWafe has a proprietary technology that can drastically reduce the cost of producing photovoltaic (PV) cells. Reliance will use NexWafe technology to build large-scale wafer factories in India.

Impact of Green Investment by Reliance:

These investments are the seeds sown by the company towards clean energy. The returns will take time, but it surely improves RIL’s ESG score, a key consideration to global fund houses, thereby impacting the company’s valuation by instilling investor confidence.

The shares of Reliance Industries are trading at Rs 2709.55 up by 1.56% at 1;33 pm today October 13.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Multibagger Alert: This midcap IT stock has risen close to 250% in the past year.

Multibagger Alert: This midcap IT stock has risen close to 250% in the past year!
by 5paisa Research Team 13/10/2021

The company aims to double its revenue over the next three years.

Mumbai based IT company, Mastek Limited has given investors stellar returns of 249.33% over the last year. The share price stood at Rs 886.85 on October 12, 2020, and since then, the stock has more than tripled investor wealth on the back of strong financial performance and robust growth prospects.

In Q1FY22, Mastek saw its top line grow by 33.78% YoY to Rs 516.47 crore from Rs 386.06 crore in Q1FY21. The company added 40 new clients in Q1FY22 and its total client count as of June 2021 was 651 (LTM) compared to 639 (LTM) in Q4FY21. Mastek reported strong operational performance with PBIDT and PAT growing 65.56% and 72.2% YoY respectively.

Mastek has a strong track record in the Government, health and retail verticals, and certain critical departments such as the Home Office and Health in the UK. These departments have seen higher IT spends to support the changes in existing systems and to create new systems post-Brexit and Mastek is primed well to take advantage of these opportunities. The company has previously won several multimillion-pound contracts with the Home Office and various NHS entities.

The 12-month order backlog of the company stood at Rs 1,177.7 crore (USD 158.4 million) as of June 2021 compared to Rs 764.5 crore (USD 101.3 million) in Q1FY21, reflecting a growth of 54.0% in rupee terms and 45.5% in constant currency terms on YoY basis.

Looking ahead, overall order bookings are likely to remain strong given higher digital adoption. The company aims to double its revenue over the next three years, implying a 26% CAGR.

Mastek is an IT company that provides enterprise solutions to the Government, retail sector and financial services. It is primarily present in the UK and European market with most of its revenues coming from this geography. Its service offering includes Application Development, Oracle Suite and Cloud Migration, Digital Commerce, Application Support & Maintenance, BI & Analytics, Assurance & Testing and Agile Consulting.

At 3 pm on Wednesday, the stock is trading at Rs 3090.25, down marginally by 0.25% or Rs 7.75 per share on BSE. The 52-week high of the scrip is recorded at Rs 3,234.90 and the 52-week low at Rs 770.10 on the BSE.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Trending stocks: Keep a close eye on these small-cap stocks for 14 October 2021.

Trending stocks: Keep a close eye on these small-cap stocks for 14 October 2021.
by 5paisa Research Team 13/10/2021

The following smallcap stocks have made fresh 52-week high today – Timken India, Igarashi Motors, PNC Infratech¸ Accuracy Shipping, Precision Wires India, Suprajit Engineering, PG Electroplast and Pricol Limited.

Indian frontline index Nifty 50 scaled new highs of 18,197.80 on 13 October 2021. The index closed at 181,161.75 gaining 169.80 points i.e. 0.94%. Auto and utility stocks outperformed broader markets. BSE Smallcap index gained 0.59% and closed the session at 29,755.41.

Keep a close eye on these trending small-cap stocks for Thursday, 14 October 2021:

Easy Trip Planners - The company’s online travel platform EaseMyTrip has launched a discount offer for Indians planning to travel to London, United Kingdom. Using the new offer, travellers can avail of a flat discount of Rs 5,000 on their return tickets. The discount will be valid for only return tickets from any destination in India to London. The new discount offer has been launched after the UK announced that the mandatory quarantine for India travellers would be removed for fully vaccinated passengers with Covishield or another UK-approved vaccine starting from 11 October 2021.

SecureKloud Technologies – The company has announced that its step-down subsidiary Healthcare Triangle Inc (HCTI) has received approval to get listed on NASDAQ. HCTI is a leading healthcare information technology company focused on advancing innovative, industry-transforming solutions in the areas of cloud services, data science, professional and managed services for the healthcare and life sciences industry.

The subsidiary will raise USD 15 million including an over-allotment of USD 2 million. The IPO proceeds will be utilized for research and development, working capital, potential acquisitions and general corporate investments.

RattanIndia Enterprises – The two-wheeler EV maker backed by the company Revolt has announced that it will be expanding its network by opening three new dealerships in Bangalore, Jaipur and Surat ahead of this festive season.

52-week High Stocks - The following smallcap stocks have made fresh 52-week high today – Timken India, Igarashi Motors, PNC Infratech¸ Accuracy Shipping, Precision Wires India, Suprajit Engineering, PG Electroplast and Pricol Limited. Keep a close eye on these counters on Thursday, 14 October 2021.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order