Skip to main content

Finvestedge Weekly Market Insights



v  Railway corporatisation will work in favour of IRCON International and IRCTC. A good time to buy these shares.

v  DHFL, which is now out of the hands of Mr. Kapil Wadhwan, has resumed its lending operations. There isn’t much risk at the current beaten down rates. Accumulate.

v  The Budget speech indicated a big boost for the fishery industry. There is ample scope for Waterbase, Apex Frozen Foods and Avanti Feeds to rise.

v  Indiabulls Housing Finance declared an interim dividend of Rs.6/share. It plans to raise Rs.5000 crore via NCDs for deployment in business. The recent hiccups have made the company stronger. Accumulate.

v  REC once again posted excellent results and declared a dividend of Rs.11/share. Buy for the long term.

v  Indian Oil Corporation is likely to make a buy back offer in view of the Ministry’s instructions. Accumulate.

v  JSW Steel bagged its third iron ore mine in Odisha with a reserve of 118 million tonnes. A big positive for the company. Accumulate.

v  Sugar shares are rising. Ugar Sugars Works posted a strong Q3 performance with an EPS of Rs.2 v/s Re.0.9 last year. Accumulate on dips.

v  The Union Budget has given a big impetus to the affordable housing sector. Cera Sanitaryware, which posted fairly good results for Q3, merits a buy.

v  Ajanta Pharma declared robust Q3 results with an EPS of Rs.12. Buy for over 30% returns within a year.

v  Power Finance Corporation may follow suit by declaring a hefty dividend soon. A bonus issue is also on the cards this year. Accumulate.

v  White Organic Agro has reported exponential growth over the last few quarters. With an equally good performance in Q3, this share deserves a buy.

v  Rosneft, the largest oil producer in Russia, is keen to bid for BPCL. As Aramco is also interested, there may be competitive bids which could boost its share price.

v  Avenue SuperMarts (D-Mart) plans to raise Rs.4000 crore via QIP. A good time to buy this share.

v  Yes Bank is in the news again for raising money from international investors. The stock is poised to rise. Accumulate from a one-year perspective.

Disclaimer:
This is strictly for informational purposes only. It is not a solicitation to buy, sell in securities or other financial instruments. FINVESTEDGE do not accept culpability for losses and/or damages arising based on information in this post. Contact your investment advisor before investing.

Finvestedge Weekly Market Insights


Comments

Post a Comment

Popular posts from this blog

A Valuable FMCG Company for Long Term Investment

A household name for FMCG products in India, the company has strong visibility in growth and earnings in India’s long runway story - As investors shift to safe havens, the Stock has rallied significantly in past few weeks. The question is, if this ‘driver of consumption’ valuable at this Price? Revenue for FY20 stood at INR 397.8 Billion recording a 1.20% Y-O-Y growth with an Operating Profit Margin of 22.27%. For Q4 FY20, revenues were at INR 92.11 Billion with a negative growth Year-on-Year and an Operating Profit Margin of 19.85%. In the past 5 years, revenue has compounded by about 4.60%. The OPM improved from 15.2% in FY 2015 to 22.2% in FY 2020. The Company attributed the Q4 decline due to supply chain disruption during the first phase of the Lockdown. The Lockdown is expected to affect the production and demand destruction till September 2020 and then show improvements. Stock Returns Percentage 1 Year 23.82% 3 Years 28.00% ...
Post a Comment
Read more

SBI Card IPO - SBI Cards & Payment Services Limited IPO

Objects of the SBI Card IPO: a) The Offer for Sale: The object of the Offer for Sale is to allow the Selling Shareholders to sell an aggregate value up to Rs.8000 Crores of shares held by them.   b) Fresh Issue( 500 Crores )  The net proceeds of the Fresh Issue are proposed to be utilized for augmenting the capital base to meet the future capital requirements. Overview of SBI Card (a) They are the second-largest credit card issuer in India, with an  18.0%  market share of the Indian credit card market in terms of the number of credit cards outstanding as of September 30, 2019. SBI Card is a subsidiary of State Bank of India. (b)  They offer an extensive credit card portfolio to individual cardholders and corporate clients which includes lifestyle, rewards, travel and fuel, shopping, banking partnership cards and corporate cards covering all major cardholder segments in terms of income profiles and lifestyles. (c)  SBI Card has ...
1 comment
Read more

Systematic Investment Plan (SIP)

v   Over a long term horizon, equity investments have given returns which far exceed those from the debt based instruments. They are probably the only investment option, which can build large wealth.  v   In short term, equities exhibit very sharp volatilities, which many of us find difficult to stomach.  v   Equities carry lot of risk even to the extent of loosing ones entire corpus.  v   Investment in equities requires one to be in constant touch with the market.  v   Equity investment requires a lot of research.  v   Buying good scrips require one to invest fairly large amounts. Systematic Investment Plan (SIP)  is a kind of investment scheme offered by mutual fund companies. Using SIP one can invest small amount periodically (weekly, monthly, quarterly) into a selected mutual fund. For retail investors, SIP offers a we...
Post a Comment
Read more