Nifty 17401.65 (0.00%)
Sensex 58461.29 (1.35%)
Nifty Bank 36508.25 (0.00%)
Nifty IT 36157.85 (2.06%)
Nifty Financial Services 17982.9 (1.26%)
Adani Ports 739.10 (4.40%)
Asian Paints 3180.60 (1.35%)
Axis Bank 676.10 (-0.52%)
B P C L 378.85 (2.74%)
Bajaj Auto 3328.40 (2.43%)
Bajaj Finance 7180.50 (2.01%)
Bajaj Finserv 17758.15 (2.16%)
Bharti Airtel 732.55 (1.43%)
Britannia Inds. 3578.50 (1.22%)
Cipla 921.25 (-0.74%)
Coal India 159.30 (2.41%)
Divis Lab. 4777.30 (0.53%)
Dr Reddys Labs 4662.75 (1.22%)
Eicher Motors 2451.55 (0.54%)
Grasim Inds 1723.85 (2.63%)
H D F C 2807.80 (3.85%)
HCL Technologies 1184.70 (2.42%)
HDFC Bank 1525.75 (1.40%)
HDFC Life Insur. 705.30 (1.65%)
Hero Motocorp 2472.70 (1.00%)
Hind. Unilever 2383.30 (1.64%)
Hindalco Inds. 432.10 (1.69%)
I O C L 120.65 (2.51%)
ICICI Bank 722.40 (-0.73%)
IndusInd Bank 945.55 (1.27%)
Infosys 1748.25 (1.94%)
ITC 225.45 (1.60%)
JSW Steel 646.75 (1.50%)
Kotak Mah. Bank 1964.25 (0.56%)
Larsen & Toubro 1789.20 (0.18%)
M & M 849.55 (1.78%)
Maruti Suzuki 7324.95 (0.71%)
Nestle India 19503.20 (0.54%)
NTPC 128.70 (0.78%)
O N G C 144.00 (1.23%)
Power Grid Corpn 214.50 (3.52%)
Reliance Industr 2482.85 (0.64%)
SBI Life Insuran 1188.05 (1.99%)
Shree Cement 26289.80 (0.76%)
St Bk of India 477.00 (0.36%)
Sun Pharma.Inds. 766.25 (2.80%)
Tata Consumer 773.25 (0.06%)
Tata Motors 479.10 (0.81%)
Tata Steel 1112.40 (2.76%)
TCS 3642.90 (1.82%)
Tech Mahindra 1629.65 (2.65%)
Titan Company 2386.50 (1.11%)
UltraTech Cem. 7323.20 (0.01%)
UPL 698.20 (1.12%)
Wipro 646.80 (1.89%)

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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Closing Bell: Markets end marginally higher in a volatile trading session

Closing Bell: Markets end marginally higher in a volatile trading session
by 5paisa Research Team 15/11/2021

Benchmark indices closed marginally higher on November 15 amid volatility and selling witnessed in the metal and PSU banking stocks.

Domestic equity benchmark indices ended on a flat note on Monday as gains in Kotak Mahindra, ITC, Power Grid, Tata Consultancy Services and Asian Paints was offset with losses in Reliance Industries, Tata Steel, State Bank of India, ICICI Bank and Larsen & Toubro. During today's trading session, the benchmarks staged a gap opening with Sensex rising as much as 350 points and Nifty moving above its important psychological level of 18,200. But due to profit booking seen at higher levels led to the benchmarks to come down from intraday highs.

At the closing bell on Monday, the Sensex was up 32.02 points or 0.05% at 60718.71, and the Nifty was up 6.70 points or 0.04% at 18109.50. On the market breadth, around 1218 shares have advanced, 2038 shares declined, and 145 shares remain unchanged.

Among the top Nifty gainers for the day were, Power Grid Corp, Cipla, ITC, ONGC and UPL. The top losers of the day were Coal India, Tata Steel, Hindalco, Eicher Motors and JSW Steel.

On a sectoral basis, the healthcare index rose 2%, while metal and PSU bank indices fell over 1% each. In the broader markets, the BSE midcap index was up 0.4% and Smallcap index was down 0.2%.

Trending stocks of the day were market debutants, SoftBank-backed PolicyBazaar's parent PB Fintech, which opened at a premium of 17% to the IPO price. While refined wood pulp maker Sigachi Industries is listed at a 250% premium over its IPO price of Rs 163.

Power Grid was the top Nifty gainer, as the stock rose 3.13% per cent to close at Rs 188. ONGC, ITC, Cipla, UPL, Britannia Industries, Asian Paints, Divi's Labs, Nestle India and Kotak Mahindra Bank also rose between 1-2.5% respectively.

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Top swing trading ideas you should not miss!

Top swing trading ideas you should not miss!
by 5paisa Research Team 15/11/2021

Best Swing Trading ideas based on price and volume percentage surge. Escorts India, Gland Pharma, and Can Fin Homes.

Price and volume are two of the most prominent inputs used by traders across the world while swing trading. When used in isolation, they reveal very little but when used in conjunction, they help us to sort the wheat from the chaff. So, this swing trading system is based on the deadly combination of price and volume percentage surge, which helps us to discover high probability swing-trading candidates.

So, here is the list of stocks that fulfil the criteria of volume and price surge and as a result, they flash in our swing-trading system:

Escorts India: The stock of Escorts India soared 3.78% on the trading session that ended Monday. Escorts was trading in a narrow range of 1550-1600 since few trading sessions and it managed to close above this range. It formed a strong green candle on the chart with a bigger volume which was well above its 10-day and 30-day daily average volume. The stock is trading above its key moving averages and RSI is going strong at 63 showing strength. The stock closed at its record high and certainly looks strong for coming sessions. Considering its strong price action with good volumes, Traders must include this stock in their watchlist for upcoming days.

Gland Pharma: This pharmaceutical company zoomed 5.16% on Monday. Gland Pharma has corrected 18% from its recent high and was weak. Today, it formed a strong green candle supported with larger volumes. The RSI is back at 50 showing that the stock has gained some strength. The stock looks for a trend reversal and this might possibly be the beginning. Swing traders should closely watch this stock for quick profits.

Can Fin Homes: This stock surged 2.8% on Monday’s trading session. The stock underwent a slight correction from its recent high and found support at 50-DMA before bouncing back. It managed to close above its 20-DMA with bigger volumes showing positive sentiment. It is about 50 points (7.5%) away from its all-time high. The volume witnessed today was 1.5 times the previous day’s volume indicating fresh participation. The stock looks technically strong and can test its all-time high levels soon. Considering its strong price action with good volumes, traders must include this stock in their watchlist for upcoming days. Considering this strong breakout, the stock looks attractive for swing trading.

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