Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 6, 2021.

Superstar stocks for tomorrow.
05/10/2021

Watch out for these stocks, Stocks that are in focus, Stocks to buy for tomorrow, Superstar Stocks selected on basis of a three-factor model, Bharti Airtel, Sumitomo Chemical, Hindustan Petroleum.

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 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 BTST stocks for October 6, 2021.

Bharti Airtel: The stock of Bharti Airtel had formed an inside bar on Monday and after an inside bar formation, the stock formed a bullish candle, which is positive for the stock. Interestingly, almost two hours are remaining in Tuesday’s session and the stock has already surpassed the volume of its previous trading session, plus the volume witnessed for the day is highest since September 28. The RSI on the daily time frame as well as weekly and hourly is in bullish territory. The stock can probably test levels of Rs 720 followed by Rs 735 on the upside, while on the downside, support is seen around Rs 685.  

Sumitomo Chemical India: The stock has gained nearly 3.5% on Tuesday and with this movement, it has witnessed a breakout of a downward sloping trendline. Moreover, the breakout has been seen on the back of above-average volumes. The daily volume so far has already surpassed its previous day volume and it is the highest since September 27. The volume activity is seen picking up in the last one and a half or so. The 14-period RSI is in the bullish territory on hourly and weekly time frame, while on the daily time frame it has marked a fresh 14-period high. The stock has the potential to test levels of Rs 435 followed by Rs 443 on the upside. On the downside, the level of Rs 407 is likely to act as immediate support for the stock. 

Hindustan Petroleum Corporation: The stock has hit a fresh 52-week high and with this, it has witnessed a breakout of cup like pattern. Interestingly, the breakout has been backed with above-average volume and the volume so far is the highest since September 29. The RSI is in the bullish territory on the hourly, daily and weekly time frame. The stock has the potential to test levels of Rs 330 and immediate support for the stock is placed at Rs 306

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IPO Listing in September 2021.

Four IPOs were listed in September 2021 out of which two IPOs performed exceptionally well.
by 5paisa Research Team 05/10/2021

Four IPOs were listed in September 2021 out of which two IPOs performed exceptionally well.

The primary market has been quite busy since the start of the year. The activity continued in September as well as four IPOs were listed.

Ami Organics Ltd and Paras Defence & Space Technologies Ltd have performed well since they have been listed as we can see in Table 1.0.

Paras Defence and Space Technologies Limited: This IPO also made a sound debut. The offer price of the IPO was Rs 175 which opened at Rs 469 on NSE i.e. stock registered gained 168% from its issue price. The Initial Public Offering (IPO) was subscribed 304.26 times on September 23, 2021. The public issue was subscribed 112.81 in the retail category, 169.65 in the QIB category, and 927.70 in the NII category. The current market price of the stock on NSE is 198% high than the offer price of IPO.

Ami Organics Limited: The offer price of the IPO was Rs 610 which opened at Rs 910 on NSE i.e. stock registered gained 49.18% from its issue price. Ami organics made a strong debut; the initial public offering was subscribed 64.54 times. Ami Organics IPO was subscribed 64.54 times. The public issue was subscribed 13.36 times in the retail category, 86.64 times in QIB, and 154.81 times in the NII category by September 3, 2021. Ami Organics IPO is a public issue of 6,542,342 equity shares. The issue offers 3,281,723 shares to retail investors, 1,854,166 shares to qualified institutional buyers, and 1,406,453 shares to non-institutional investors. The current market price of the stock on NSE is 117.54% high than the offer price of IPO.

Following table depicts the list of IPOs along with their opening, closing date and IPO size:

 

Company Name  

Opening Date & Closing Date  

IPO Size  

Offer price  

List price  

Listing Gain/Loss (%)  

Total Gains  

Last Traded Price  

Ami Organics Limited  

1st September, 2021 & 3rd September, 2021  

₹569.64 crores  

₹610  

  

₹910  

49.18  

117.54  

₹1327  

Vijaya Diagnostic Centre Limited  

1st September, 2021 & 3rd September, 2021  

₹1,895.04 crores  

₹531  

₹540  

1.69  

3.58  

₹550  

Sansera Engineering Limited  

  

14th September,2021 & 16th September 2021  

₹1,282.98 crores  

₹744  

₹811.5  

9.04  

8.33  

₹806  

Paras Defence and Space Technologies Limited  

  

21st September, 2021 & 23rd September, 2021  

₹170.78 crores  

₹175  

₹469  

168  

198.85  

₹523  

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Top 5 holdings of ace investor Vijay Kedia.

Top 5 holdings of ace investor Vijay Kedia.
by 5paisa Research Team 05/10/2021

One of the most famous investors of this era, Vijay Kedia is the Managing Director of Kedia Securities Pvt Ltd. The ace investor is known for his investments mainly in mid-cap stocks. He is not particularly a big fan of large-cap stocks.

Some of the aspects he looks for while investing are; management with a good track record, a zeal to take the company forward, the company’s market share, growth aspirations, and potential.

Let us take a look at the portfolio of Vijay Kedia.
 

The investor holds a basket of 16 stocks and has a net worth of over Rs 864.4 crore. Here are his top 5 holdings:  

  1. Tejas Networks Ltd- Incorporated in 2000, the company is engaged in the business of optical, broadband and data networking products. Kedia holds 50 lakh shares of the company, with the holding’s value amounting to Rs 285 crore.

  1. Vaibhav Global Ltd- The company is engaged in the business of production and export of fashion jewellery and lifestyle accessories. It aims to be the value leader in the electronic retailing of jewellery and lifestyle products. Kedia holds 30 lakh shares of this company with the holding’s value amounting to Rs 210.3 crore.  

  1. Cera Sanitaryware Ltd- Cera Sanitaryware is a market leader in the sanitaryware sector and also provides a range of faucets, tiles, shower products, kitchen sinks and personal care products. Vijay Kedia’s holding in this company’s shares amount to Rs 71.7 crore.

  1. Sudarshan Chemical Industries Ltd- The company is a colour and effect pigment manufacturer and has acquired a strong position in pigments and agrochemicals in India and worldwide. With 10 lakh shares, Kedia’s holdings in this company amount to Rs 66.4 crore.

  1. Repro India Ltd- This international publishing industry services company undertakes physical book distribution, print on­ demand, offset printing, and digital services. With over nine lakh shares, Vijay Kedia’s holding's value in this company amounts to Rs 50 crore.

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Small-cap stocks: Keep a close eye on these trending stocks on 6 October, 2021.

Small-cap stocks: Keep a close eye on these trending stocks on 6 October, 2021.
by 5paisa Research Team 05/10/2021

The following small-cap stocks have made fresh 52-week high today – Bodal Chemicals, Jindal Drilling and Industries, Allied Digital Services, Dishman Carbogen Amcis, S. P. Apparels, Max Ventures and Arihant Superstructures.

Domestic headline indices Nifty 50 and Sensex ended the session in the green territory amid mixed global cues, gaining 131.05 points and 445.56 points respectively. Bank Nifty also climbed 0.43% to end at 37,741. Oil and gas stocks were buzzing and gained traction during the day. ONGC, IndusInd Bank, Coal India and IOC were top blue-chip gainers. While Cipla, Hindalco, Shree Cements and Tata Consumer products were top losers. BSE Smallcap index closed the day at 28,851.62, up by 154.90 points i.e. 0.54%.

Keep a close eye on these trending small-cap stocks on Wednesday:

BLS International Services – The company has recently announced that its contract with Royal Thai Embassy in New Delhi for visa services has been renewed last week. The company will be accepting visa applications for Thailand from various cities of India including New Delhi, Himachal Pradesh, Punjab, Northeast, Chandigarh, Jalandhar, Haryana, Rajasthan, Uttarakhand, Assam, Jammu and Kashmir.

As per a filing with the exchange, “BLS will be providing Thai visa application services along with several value-added services like form filling assistance, premium lounge, primetime submission, SMS tracking, photocopy and printing, photographs, travel insurance, tourism desk and courier services for the convenience of the applicants. BLS centres are equipped with state-of-the-art facilities and can service other countries as well.”

Datamatics Global Services – The company has introduced Enterprise Productivity Plan to help organizations achieve greater agility, drive digital transformation, and greater productivity by automating repetitive, mundane tasks as well as document-intensive processes. Datamatics Intelligent Automation platform combines the capabilities of TruBot RPA and TruCap+ IDP products along with artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) models.

Enterprises can drive productivity with Datamatics Intelligent Automation Platform starting at USD 99 per month. This is a limited period offer. As part of this plan, the company is offering the following – One TruBot (unattended or attended) RPA bot license, TruCap+ IDP license for usage up to 10,000 pages for 90 days and two hours of consulting with an intelligent automation expert.

DJ Mediaprint and Logistics – The company has announced that it has secured orders from LIC of India, Divisional Office located in Nanded for printing and supply of various items.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Bodal Chemicals, Jindal Drilling and Industries, Allied Digital Services, Dishman Carbogen Amcis, S. P. Apparels, Max Ventures and Arihant Superstructures. Keep a close eye on these counters on Wednesday, 6 October, 2021.

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These stocks are likely to be in focus on October 6.

These stocks are likely to be in focus on October 6.
by 5paisa Research Team 05/10/2021

On Tuesday, the benchmark indices settled on a positive note with Sensex being lifted by 445.56 points or 0.75% and Nifty up by 131 points or 0.74%.

IndusInd Bank, Bharati Airtel and HCL Tech were among the top index gainers whereas ONGC, NTPC, Power Grid Corporation of India, SBIN, ITC and Tata Steel were the toppers in terms of volumes.

Keep a watch on the following stocks for Wednesday's trading session:

Bharati Airtel - Bharti Airtel and Ericsson have conducted India’s first 5G network demonstration in rural geography. The demonstration took place in Bhaipur Brahmanan village on the outskirts of Delhi/NCR using a 5G trial spectrum allocated to Airtel by the Department of Telecom. This demonstrates the potential of 5G to bridge the digital divide with network coverage of over 10 km through a single 5G site with both Fixed Wireless Access (FWA) and mobile devices.

Oil & Gas stocks - Oil & Gas stocks were in a buzz on Tuesday amid a surge in crude oil and natural gas prices. BSE Oil & Gas index has zoomed up to 3.24% in Tuesday's trading session. ONGC and Hindustan Petroleum were the top gaining stocks within the index.

TVS Motors & Tata Power- TVS Motors announced its strategic partnership with Tata Power, one of India's largest integrated power companies. Under its ambit, the two companies agreed to drive the comprehensive implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations.

HFCL - On Monday, the company announced regarding the contract with RailTel Corporation of India Limited, for setting up of Secured Optical Packet Switched Network for Defense Forces. On Tuesday, the stock has locked in an upper circuit with a gain of 4.94% and is likely to be in focus on Wednesday.

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SEBI bars online platforms, brokers from pooling money, MF units. All you need to know

by 5paisa Research Team 05/10/2021

The Securities and Exchange Board of India (SEBI) has barred mutual fund distributors, online investment platforms, stock brokers and investment advisers from pooling money and MF units in a bid to stop the misuse of investors' money.

The capital markets regulator has asked mutual fund houses to ensure that no distributor, online platform, broker or advisor pools in investors’ money in a bank account and then transfers it to the fund house to buy MF units. Instead, they will have to directly credit the money received from investors into the mutual fund’s bank account.

The new rules come into effect from April next year, SEBI said.

What are the existing rules?

In 2009 and 2010, SEBI had allowed registered stock brokers and clearing members to transaction in units of MF schemes by using the stock exchange infrastructure. Currently, funds and units of MF schemes move through stock brokers’ or clearing members’ pool accounts in an aggregate manner to client accounts or MF accounts.

In 2013 and 2016, SEBI had also allowed MF distributors and investment advisers, respectively, to use the infrastructure of the stock exchanges to buy and redeem MF units on behalf of their clients.

However, it subsequently noticed that some online MF platforms and brokers were pooling in money from the investors meant for buying MF units in a nodal account based on the arrangement with the MF house. This meant that the distributor, broker or the online platform was holding the investors’ money for some time. This resulted in counterparty risk for the investors.

So, what exactly are the new rules?

SEBI has now asked asset management companies to ensure that the investors’ money should be directly credited to the bank account of the MF scheme when an investor buys any units. Similarly, at the time of sale, the money will be transferred directly from the bank account of the mutual fund scheme to the investor’s bank account.

The same mechanism will apply to MF units. The units, whether held in demat mode or in physical mode, will be directly credited to the investors’ account without an intermediate pooling by the distributor.

At the time of redemption, the units will move from the investor’s account to the fund house’s account without any stop-over in any pooled account of the online platform, the distributor or the broker.

What happens to SIP transactions?

SEBI has also said that MF distributors or any entity involved in the distribution of mutual funds can’t accept payments using mandates signed by the investors in the names of such distributors.

Currently, the MF industry widely uses the E-Nach mandates to process systematic investment plans (SIPs) of the investors. SEBI said that some distributors got the mandate signed in their name.

However, such e-mandates can’t be used anymore. Such mandates can’t be accepted now in the name of the distributor. “Cheque payments from investors shall be made in favor of the respective MF schemes only,” SEBI said.

SEBI has also asked the Association of Mutual Funds in India (AMFI), the MF industry group, to issue norms for asset management companies (AMCs) to mitigate risks related to co-mingling of funds at the level of payment aggregators or payment gateways involved in MF transactions.

SEBI said AMCs will have to ensure that third-party bank accounts are not used to buy MF units. Effectively, the AMCs will have make ensure that the money used to buy MF units actually belongs to the investor.

What’s the new rule on redemption of MF units?

SEBI has made it mandatory to use two-factor authentication for redemption of MF units. One of the two authentication factors will be a one-time password sent to the email or mobile number of the unitholder.

In case of offline transactions, the signature validation method will remain in place to meet redemption requests.

Essentially, SEBI wants to make sure that redemption transactions can’t be started without the knowledge and approval of the unitholders.