This top stock from the portfolio of Radhakishan Damani hit a 52-week high today.

This top stock from the portfolio of Radhakishan Damani hit a 52-week high today.
by 5paisa Research Team 11/10/2021

D-mart, which went public in 2017, saw its share price rise from Rs 616 to Rs 4,837 (52-week high as of 11th Oct 2021), delivering more than 600 per cent returns!

Introduction-

Not all artists aspire to be in front of the camera. Some like to showcase their art from behind the camera. One such artist of the Indian stock market is Radhakishan Damani. A billionaire and guru of ace investor Rakesh Jhunjhunwala, Damani is a shy and reserved person who likes to stay away from the limelight.

Both an investor and an entrepreneur, his investment style is largely inspired by Chandrakant Sampat, the legendary value investor. Damani is known to have a core portfolio and a trading portfolio. He is also the director of Bright Star Investments Pvt Ltd. As per the data published on Trendlyne, Damani holds 14 stocks with a net worth of over Rs 197,702.8 crore.

A successful entrepreneur and investor, he is well known for his business venture D-mart, a one-stop supermarket chain that aims to offer customers a wide range of basic home and personal products under one roof. Radhakishan Damani holds over 42 crore shares in the company with the holding value of these shares standing at Rs 1.92 lakh crore.

The company aims to be the lowest priced retailer in the area of operation/city/region. It strategically maintains its cost efficiency while offering the best customer value. The company follows a cluster-based expansion approach, wherein, the focus lies on deepening its penetration in the areas where it is already present, before expanding to newer regions. The company has a consistently growing presence across India, with the total number of stores standing at 246.

In Q1FY22, the net revenue of D-mart grew by 33.48% YoY to Rs 5,183 crore. Its PBIDT (ex OI) grew by 100.5% YoY to Rs 224 crore. Its net profit grew by 137.9% YoY to Rs 95.3 crore. 

At 3.06 pm, the share price of Avenue Supermart Ltd (D-mart) was trading at Rs 4737.35, an increase of 7.4% from the previous day's closing price of Rs 4408.05 on BSE.

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Affle India receives two more US patent grants.

Affle India receives two more US patent grants.
by 5paisa Research Team 11/10/2021

Affle India has built a robust patent portfolio with 20 patents across India, US and Singapore.

A consumer intelligence-driven global technology company - Affle (India) has recently announced that it has received an issue notification for the grant of 2 patents from the US Patent and Trademark Office (US PTO). One patent is related to the technology of ‘Creating a decentralized repository of fraud IPs and publishers using Blockchain’. The other patent is related to the technology of ‘Click to install behaviour-based detection of fraud’. With these two patent grants, Affle now has 6 US Patents granted along with multiple other patents filed and pending across the US, India and Singapore. This announcement comes soon after Affle was granted its 4th US Patent in September 2021, related to gesture-based, voice-intelligence driven interactions within live streams such as podcasts.

The patent, which utilizes Blockchain, creates an immutable decentralized shared ledger of fraudulent characteristics for publishers, scoring them into backlists and whitelists through continual interactions verification based on smart contracts. This patent also emphasizes the use of machine learning to predict and reduce fraud. The other patent also uses trained machine learning models to detect human-natural engagements versus non-human bot traffic and other real-time signals and patterns to minimize advertisement fraud.

The company has said in a filing with the exchange, “These patent grants fortify our mobile ad fraud detection and prevention capabilities which include sophisticated machine learning algorithms to identify ad fraud in real-time, thereby maximizing quality of conversion-driven marketing for the advertisers.”

Affle is a global technology company with a proprietary consumer intelligence platform that delivers consumer engagements, acquisitions and transactions through relevant mobile advertising. The platform aims to enhance returns on marketing investment through contextual mobile ads and also by reducing digital ad fraud.

While Affle's consumer platform is used by online and offline companies for measurable mobile advertising, its enterprise platform helps offline companies to go online through platform-based app development, enablement of O2O commerce and through its customer data platform.

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These stocks see huge volume burst in the last leg of the trading session.

These stocks see huge volume burst in the last leg of the trading session.
by 5paisa Research Team 11/10/2021

APLLTD, Equitas Small Finance Bank, BEL has witnessed volume burst in the last 75-minutes of trade.

As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and volume. More so, the activity in the last hour is said to be of utmost importance because most of the pro traders and institutions are active at this time. Hence, when a stock sees a good spike in volume in the last leg of trade along with price rise it is said to be the pro and institutions have a keen interest in the stock. Market participants should keep a close watch on these stocks as they can witness good momentum in the short-medium term. 

So, based on this principle we have shortlisted three stocks, which have witnessed volume burst in the last leg of trade along with price rise.

Alembic Pharmaceuticals (APLLTD): The stock of APLLTD jumped over 6% on Monday. Interestingly, nearly 85% of the total traded volume of the day was witnessed in the last 75-minutes of the trading session. Furthermore, the price too witnessed a sharp spike during the last trading hour, which indicates that there was a lot of interest seen in the stock. Hence, market participants can keep a close watch on this stock.

Equitas Small Finance Bank: Stock has surged nearly 9% on Monday, but the striking point for this stock was the volume and price action seen in the last 75-minutes of trade. As the closing bell approached, the stock witnessed a 50% volume movement of the trade, plus the icing on the cake was the stock ending at day's high. Keep a watch on this stock.

Bharat Electronics (BEL): The stock of BEL soared by 4% on Monday. The stock was in momentum right from the start of the day, but in the last 75-minutes, the stock underwent a surge in price and volume. The stock witnessed more than 60% of the total traded volume of the day in the last 75-minutes. Interestingly, the price action was quite profound, which indicates that buyers were enthusiastically buying the stock. Don’t miss out on this folks.

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Trending stocks: Keep a close eye on these small-cap stocks for 12 October 2021.

Trending stocks: Keep a close eye on these small-cap stocks for 12 October 2021.
by 5paisa Research Team 11/10/2021

The following small-cap stocks have made fresh 52-week high today - Maharashtra Seamless, Apar Industries, Power Mech Projects¸ Teamlease Services, Genesys International Corporation, Rama Steel Tubes and Trident.

Indian stock market headline index Nifty 50 surpassed 18,000 levels and recorded fresh highs of 18,041.95. The index also closed at fresh highs of 17,945.95. BSE Sensex also ended the session in the green territory at 60,135.78, gaining 0.13%. Utility, Auto and Power stocks thrust to limelight and eclipsed broader markets.BSE Mid-cap and Small-cap indices gained more than 0.55% each to end at 25,978.36 and 29,506.36 respectively.

Keep a close eye on these trending small-cap stocks for Tuesday, October 12, 2021. 

Timex Group India – The company has collaborated with Italian fashion brand Benetton to reveal the ‘Benetton Timewear’ collection of watches exclusive to the Indian market. The collection launch is scheduled in phases. The first drop of the collection has launched exclusively in India on October 11, 2021 online on Flipkart exclusively and at select Timex world and modern retails stores. The watches are available at a price range between Rs 2995 to Rs 7995.

The first drop reveals 42 watch styles across four pillars that embody the brand ethos of Benetton backed by Timex’s watchmaking legacy. This collaboration is part of the licensing deal announced this year in April, with Benetton India.

The company has said in a filing with the exchange that, “The collection offers consumers a chance to experience the Benetton brand on their wrist through modern designs backed by high quality craftsmanship. Meant to attract the elevated fashion segment in India with a focus on youth, the watch range architecture stands on four pillars: Social, Signature, Sport, and Iconic.”

Radico Khaitan – The company has announced that it has unveiled two new luxury products in the brown and white spirit categories. Magic Moments Dazzle Vodka is the luxury brand extension of the company’s flagship brand, Magic Moments Vodka and Royal Ranthambore Heritage Collection-Royal Crafted Whisky. Both will be available in select stores in Delhi, Karnataka, Uttar Pradesh, Goa, Maharashtra, Rajasthan and Haryana in the first phase of launch. With the launch of the product, the brand also rolls out the marketing campaign to reinforce the brand position of being ‘India’s Finest Yet’.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today - Maharashtra Seamless, Apar Industries, Power Mech Projects¸ Teamlease Services, Genesys International Corporation, Rama Steel Tubes and Trident. Keep a close eye on these counters on Tuesday, 12 October 2021.

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These stocks are likely to be in focus on October 12.

These stocks are likely to be in focus on October 12.
by 5paisa Research Team 11/10/2021

On Monday, despite fading the intraday gains, the benchmark indices closed on a fresh record high led by the auto, bank, metal, power and realty stocks. Sensex gained 76.72 points or 0.13% ending at 60,135.78 level, and the Nifty was up 50.80 points or 0.28% settling at 17,946 level.

On the sectoral front, the IT index fell 3%, while auto, bank, metal, power and realty indices widened by 1-2.5%. In the broader markets, BSE midcap and smallcap indices rose 0.5% each. In Monday’s trading session, about 1814 shares have advanced, 1375 shares declined, and 141 shares remained unchanged.

Maruti Suzuki, Powergrid Corporation, ITC, NTPC and SBI were among the top Sensex gainers, whereas TCS, Tech Mahindra, Infosys, HCL Technologies and Reliance Industries were among the top Sensex losers.

Keep a watch on these stocks for Tuesday’s trading session:

Tata Motors – The company has reported retail sales for the second quarter ending September 2021 which were 92,710 vehicles, 18.4% lower than the 1,13,569 vehicles sold in Q2 last year. The sales were lower on a YoY basis in most regions, including North America (down 15.6%), China (down 6.3%), Europe (down 17%), and in the UK (down 47.6%), but on the other hand improved in the overseas region (up by 10%). The share has zoomed by 8.54% on Monday and has hit its 52-week high price.

Glenmark Pharmaceuticals - The company announced the launch of Tavulus® for COPD treatment in Spain, becoming one of the first companies to launch a bioequivalent version of the dry powder inhaler. The stock has gained 1.33% in Monday’s trading session and is likely to be in focus on Tuesday.

Avenue Supermarts – Forming a long green candle on the charts, the stock has zoomed up to 7% in Monday’s trading session. The stock is trading in green for three consecutive sessions and has broken the current resistance level in Monday’s trading session. The stock is trading with a positive RSI. Keep a close watch on this stock on Tuesday.

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Closing Bell: Nifty breaches 18000 mark, Sensex hits all time high; Auto and Power stocks shine.

Closing Bell: Nifty breaches 18000 mark, Sensex hits all time high; Auto and Power stocks shine.
by 5paisa Research Team 11/10/2021

At Closing Bell on Monday. Nifty breaches the 18000 mark, Sensex hits all time high. Auto and Power stocks shine.

As is the story for the past few months, the Indian stock market is scaling new trading peaks each day, and today was no different as benchmark indices Sensex and Nifty closed at record highs.

At the closing bell on October 11, 2021, the Sensex was up 76.72 points or 0.13% at 60,135.78, and the Nifty was up 50.80 points or 0.28% at 17,946.00. On the bourses today, 1814 shares have advanced, while 1375 shares declined, and 141 shares were unchanged.

Automobile, utility and power company stocks were trending throughout the trading session and outperformed broader markets. BSE midcap and smallcap indices were up by more than 0.55% each and closed at 25,978.36 and 29,506.36 respectively.

Among the top gainer for the day were Maruti Suzuki, Powergrid Corporation, ITC, NTPC and SBI. Top losers in Monday's trading session include TCS, Tech Mahindra, Infosys, and HCL Technologies.

Tata Motors reported retail sales for the second quarter ending September 2021 were 92,710 vehicles, 18.4% lower than the 1,13,569 vehicles sold in Q2 last year.

Tata Motors touched a 52-week high of Rs 420.75 and was trading at Rs 415.60, up by 8.53% on the BSE.

On sectoral basis, the IT index fell by 3%, while auto, bank, metal, power and realty indices added 1-2.5%.

According to market experts, the auto sector will continue its outperformance in expectation of demand revival during the festive season, whereas power and renewable energy will continue to be in focus.

Banking stocks also followed the buying trend owing to strong business preview numbers and favourable credit growth data. But, the IT sector was under pressure as initial earnings releases failed to meet market expectations.