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These sectors are going to perform well in the next 12 months: Shankar Sharma

These sectors are going to perform well in the next 12 months: Shankar Sharma
by 5paisa Research Team 15/11/2021

Shankar Sharma is bullish on sectors such as real estate, ceramics, liquor and garments due to change in people behaviour.

Portfolio outperformers of Shankar Sharma

In his recent interview with ET, Shankar Sharma has given his views on sectors that are playing out well. “Building materials was another big theme that we thought would again be in line with real estate which was bombed out for a very long period. Some of the money made in the stock market seeps into the real hard asset economy, which is real estate. In our schemes, DLF and the others have done phenomenally well. If the real estate does well, one may have a stock like Kajaria Ceramics. They have done very well for us as well,” says Sharma.

1. DLF - The stock has surged from Rs 238 to Rs 424 in 2021, which in 10 months registered a 78% return.

2. Kajaria Ceramics - The stock has surged from Rs 478 to Rs 1,174 in 2021, which in 10 months registered a 145% return.

"When people make money, they start drinking quite a bit. So we bought the liquor stock that has done very well for us as well. So, yes we have been unconventional in the last four-five months, buying multiplex, real estate and a few liquor stocks. We have also been buying a few underwear stocks. When people stay at home, they do not buy that much underwear right but when they start going out, one can assume that they are going to be wearing more underwear than in the last 12 months," added the experienced investor Shankar Sharma.

Sharma further adds that "We have been a little unconventional in our strategy and that has done very well for us. Rupa and Dollar have been decent stocks for us. Those are the parabolic return areas of the market."

1. Rupa - The stock has surged from Rs 310 to Rs 447 in 2021, which in 10 months registered a 44% return.

2. Dollar Industries - The stock has surged from Rs 243 to Rs 465 in 2021, which in 10 months registered a 91% return.

Background

In 1989, Shankar Sharma quit Citibank in his mid-twenties and founded First Global with a seed capital of Rs 5,000. His wife Devina spearheaded the company's global foray from 1999-2000 onwards making First Global the first Asian (ex-Japan) member of the London Stock Exchange and the NASDAQ.

After a long stint in the stock markets, First Global vice-chairman Shankar Sharma is moving on to the second innings of his life. This time it is to build a consumer brand in the coffee company, Caffè di Artisan. Shankar's wife Devina will continue to run First Global, which has evolved into an investment management firm.

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Superstar stocks for tomorrow!

Superstar stocks for tomorrow!
by 5paisa Research Team 15/11/2021

Looking for stocks that could deliver good returns till tomorrow, here are the superstar stocks for tomorrow selected 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 superstock 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 the 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.

Cipla: Cipla was going through a consolidation phase and it was nearing its support at 200-DMA. Today, the stock broke out from its narrow range of 900-925 and rose about 2.5% on the trading session of Monday and is among the top gainers of Nifty 50. Today’s price action movement will play an important role for Cipla as it tries to close above its 50 and 100-DMA. The stock was in green throughout the day and witnessed huge buying in the latter half of the session. The demand from the bulls is evident from the fact the stock has witnessed above average volumes.

Bata India: Bata India is trading near its all-time high and we could see a breakout from here on. The stock is up 3.12% on Monday with good volumes. The stock is trading firmly in green throughout the day. The volume witnessed today was greater than the 10-day daily average volume. A strong green candle on the hourly timeframe was witnessed towards the end. The RSI is in the bullish territory on the hourly, daily, and weekly time frame. The stock looks attractive for the BTST trade.

Ashok Leyland: Ashoke Leyland gained a decent 1.7% on Monday, as it outperformed the benchmark indices. The stock is nearing its all-time high levels of 160 and could possibly test it soon. RSI shows good strength in every time frame. It has witnessed decent volumes and strong buying during the last hour of the session, which suggests that it can still be an interesting trade for the coming days.

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This realty stock almost tripled investors wealth in the last one year! Do you have it in your portfolio?

This realty stock almost tripled investors wealth in the last one year! Do you have it in your portfolio?
by 5paisa Research Team 15/11/2021

An investment of Rs 1 lakh in this stock last year would have turned to Rs 2.82 lakh today. The stock, which was trading at Rs 97.27 on 14 November 2020, closed at Rs 182.11 on Friday, giving returns of 182% YoY.

Mahindra Lifespace Developers Ltd, a company engaged in real estate and infrastructure development business and a part of the USD 19.4 billion Mahindra Group, has turned into a multibagger by giving stellar returns of 182% YoY.

The company is committed to transforming the country’s urban landscape through its residential developments under the ‘Mahindra Lifespaces’ and ‘Mahindra Happinest’ brands and through its integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘Origins by Mahindra World City’ brands. It envisions to grow by more than threefold to achieve sales of Rs 2500 crore by 2025.

Let’s have a look at the company’s strategic approach to growth that helped it turn into a multibagger:

  • Focus on the Mumbai Metropolitan Region (MMR) and Pune as priority markets, with a development potential of 5 to 15 lakh square feet per project. 

  • 3 to 4 land acquisitions annually, in well-developed micro-markets, which have a sales potential of Rs 2000 crore.

On the execution front, to date, the company has achieved the development of 18.45 msft in residential business and has a development footprint of more than 5000 acres via its integrated cities and industrial clusters (IC & IC) business.

Talking about the financial performance in the recent quarter Q2FY22, the company reported excellent YoY performance. However, it should be noted that this performance was mainly an effect of the lower base of last year when the economy was still reeling from the aftereffects of a nationwide lockdown.

During the quarter, on a consolidated basis, the company’s net revenue jumped by 92.46% YoY to Rs 59.24 crore. The PBIDT (ex OI) stood at Rs 12.53 crore, while its corresponding margin stood at 21.15%. The company reported a net profit of Rs 1.49 crore against a net loss of Rs 17.15 crore in the corresponding quarter last year.

At 3 pm, the share price of Mahindra Lifespace Developers Ltd was trading at Rs 271.2, which was a decrease of 1.17% from the previous closing price of Rs 274.4 on Friday.

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Buzzing Stock: Apollo Hospitals surges 9% after four-fold jump Q2FY22 net profit

Buzzing Stock: Apollo Hospitals surges 9% after four-fold jump Q2FY22 net profit
by 5paisa Research Team 15/11/2021

The company is seeing a shift in the trend with an increase in non-COVID-19 revenue and a pick-up in surgical volumes.

Apollo Hospitals and Enterprises shares were up by 9% during intraday trade on Monday and neared their all-time high of Rs 5183.30 after the healthcare major reported a four-fold increase in net profit for the quarter.

The company reported a topline growth of 34.64% to Rs 3,717.07 crore in Q2FY22 from Rs 2,760.72 crore posted in Q2FY21. PBIDT (Ex OI) jumped 105.11% to Rs 614.99 crore in Q2 FY22 from Rs 299.84 crore reported in Q2FY21 and the corresponding margin grew by 568 basis points to 16.5% in Q2 FY22 from 10.9% in Q2 FY21. Consolidated net profit was up 311.11% YoY to Rs 247.82 crore during the quarter.

On the operational front, the company said that occupancy across the group was at 4,984 beds in Q2FY22 (representing 65% occupancy) as compared to 4,119 beds (representing 56% occupancy) in Q2FY21. The Q2FY22 occupancy in mature hospitals was at 3,518 beds (representing 65% occupancy). New hospitals had an occupancy of 1,466 beds (representing 66% occupancy) in Q2FY22. Meanwhile, the inpatient volumes across the group increased by 46% to 120,105 in Q2 FY22 from 82,153 reported in the previous year.

Commenting on the performance, Apollo Hospitals Group Charmain, Prathap C Reddy stated that, "Company saw patients confidently returning to the hospitals including the OPDs and inpatient admissions. The trend has started to shift with an increase in non-COVID-19 revenue and a pick-up in surgical volumes." 

Headquartered in Chennai, Apollo Hospitals Enterprise Ltd engages in the operation and management of hospitals, diagnostic centres and pharmacies. It operates through the segments of Healthcare, Pharmacy Distribution, Clinics, and others.

At 2.18 pm on Monday, the stock of Apollo Hospitals and Enterprises was seen trading at Rs 5112.80, up by 9.51% or Rs 443.85 per share on BSE. The 52-week high of the scrip is recorded at Rs 5,183.30 and the 52-week low at Rs 2,111.20 on the BSE.

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These Low-priced stocks are locked in the upper circuit on Monday

These Low-priced stocks are locked in the upper circuit on Monday
by 5paisa Research Team 15/11/2021

The markets even though volatile is showing an upward bias with BSE Sensex gaining more than 120 points on an intraday basis.

Clearly, the large caps are seen outperforming small caps while mid-cap are seen outperforming large caps.

Apollo Hospitals, PI Industries, IRCTC, Rajesh Exports, Biocon and Gland Pharma are some of the BSE Midcap stocks seen outperforming the BSE Sensex on an intraday basis.

M&M Finance, Emami and GMR Infra are some of the midcap index constituents that are the top losers on Monday, on an intraday basis.

From the smallcap space, it is Laurus Lab that is catching investors’ attention along with Mirza International, Fortis Healthcare and Fine Organics.

BSE IT index is amongst the top performing sectoral index on Monday. The shares of Aurum Proptech, NIIT Ltd, BCG and Expleo Solutions are seen outperforming the markets on Monday, on an intraday basis.

Several low-priced stocks are seen outperforming the markets with a few of them seen locked in the upper circuit on Monday.

Following is the list of low-priced stocks or stocks that trade below Rs 100 per share that are locked in the upper circuit on Monday, on an intraday basis:

Sr No   

Stocks   

LTP   

Price Change (%)   

1  

Kotyark Industries   

58.45  

4.94  

2  

Brightcom Group   

94.2  

4.96  

3  

Tata Tele   

69.2  

4.93  

4  

Sakuma Exports   

13.5  

4.65  

5  

Megasoft   

25.1  

4.8  

6  

Indowind Energy   

13.85  

5  

7  

Vishwaraj Sugar   

35.3  

9.97  

8  

Sambhaav Media   

3.9  

4  

9  

Digjam   

49.4  

4.99  

10  

SPML   

12.8  

4.92  

11  

3i Infotech   

73.55  

5  

12  

Soma Textiles   

12.5  

4.6  

13  

Shah Alloys   

29.8  

4.93  

14  

VIP Clothing   

22.2  

4.96  

15  

SE Power   

15.85  

4.97  

16  

Omkar Speciality   

30.55  

4.98  

17  

Energy Deve Co   

13.55  

4.63  

18  

ISMT   

31.35  

4.85  

19  

IMP Power   

13.1  

9.62  

20  

Cinevista   

17.3  

4.85 

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Is it the right time to invest in gold?

Is it the right time to invest in gold?
by 5paisa Research Team 15/11/2021

Gold has been consolidating downwards over the past 14 months. But last week, it gave a breakout. So, is it the right time to invest in gold? Let’s find out.

MCX Gold has been in a good rally ever since January 2017. It went all the way from 27,887 to make a high of 56,191 in August 2020. However, ever since MCX Gold has been moved into a downwards consolidation on weekly charts. In fact, on the lower time frames, it has already begun making lower highs and lower lows. Having said that, last week it breached out of the 14-month-old consolidation showing strength for the strong bullish momentum. Apart from this it also breached one of its crucial resistance levels of 48,635 and is currently trading above the Fibonacci level of 23.6% (level of 48,730) which is now acting as its immediate support level.

The Relative Strength Index (RSI) is presently trading at 62 which is above its 9-Day Exponential Moving Average (EMA) of 55. Moving Average Convergence Divergence (MACD) is trading near the neutral line with positive bias. The Rate of Change (ROC) also gave breakout after 14 months and is currently trading at 7.11 which is near its six months high. MCX Gold is trading above its Parabolic SAR for the past three to four weeks now.

As of now for MCX Gold, its immediate support and resistance level is placed at 48,635 and 49,716, respectively. Moreover, some of the important levels on the upside are 52,520-55,449-56,191. On the downside, the range of 44,115-45,589 works as crucial support. Breaching the abovementioned levels on either side would decide the mood for gold. Towards northwards, breaching of 51,620 level would mean strong bullishness is knocking on the door for Gold. Therefore, it is quite important to track these levels for MCX Gold.

At the time of writing, the MCX Gold was trading at 49,208 levels.

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