SHORT TERM CALL
Buy Suven Life Sciences Cmp 63 SL Below 55 Tgt 66 / 69 / 72 / 75 / 78++ In Coming Days..
SHORT TERM CALL
Buy Suven Life Sciences Cmp 63 SL Below 55 Tgt 66 / 69 / 72 / 75 / 78++ In Coming Days..
SHORT TERM CALL
Buy Shalibhadra Finance Cmp 143 SL Below 118 Tgt 152 / 160 / 168 / 176 / 184++ In Coming Days..
In News
Larsen & Toubro: The infrastructure major has reported a robust 24 percent year-on-year growth in consolidated profit at Rs 2,553 crore despite weak operating margin performance. Consolidated revenues at Rs 46,390 crore for the quarter grew by 17 percent YoY aided by improved execution in the infrastructure projects segment and continued growth momentum in the IT&TS portfolio. The company received orders worth Rs 60,710 crore during the quarter, a 21 percent YoY growth, taking the consolidated order book to Rs 3.86 lakh crore as of December FY23.
Tech Mahindra: The IT services company has clocked a 0.9 percent sequential growth in consolidated profit at Rs 1,297 crore for quarter ended December FY23, with revenue rising 4.6 percent QoQ to Rs 13,735 crore, beating analysts' estimates. Revenue in dollar terms grew by 1.8 percent QoQ to $1,668 million with constant currency revenue growth at 0.2 percent. Operating numbers were ahead of expectations while deal wins at $795 million for the quarter.
Bharat Petroleum Corporation: The state-owned oil retailer clocked a standalone profit of Rs 1,960 crore for December FY23 quarter against a loss of Rs 304.2 crore in the previous quarter, with strong operating performance amid a fall in oil prices. Revenue grew by nearly 4 percent sequentially to Rs 1.19 lakh crore.
REC: The power projects finance company has recorded a 4 percent year-on-year growth in standalone profit at Rs 2,878 crore for quarter ended December FY23, with a weak topline. Standalone revenue from operations at Rs 9,695 crore fell by 3.1 percent compared to the year-ago period.
IIFL Finance: The company has clocked a massive 37 percent year-on-year growth in profit at Rs 423.2 crore for the quarter ended December FY23, with revenue from operations rising 18 percent YoY to Rs 2,121 crore for the quarter. Pre-provision operating profit at Rs 773 crore grew by 26 percent YoY. Overall core loan portfolio grew by 26 percent YoY, but the non-core (primarily construction and real estate finance) portfolio shrunk by 7 percent. Asset quality improved with gross non-performing assets (NPA) falling 30 bps QoQ to 2.1 percent and net NPA declining 10 bps QoQ to 1.1 percent for the quarter.
Adani Enterprises: International Holding Company, the diversified Abu Dhabi-based conglomerate, will be investing $400 million in Adani Enterprises' further public offering (FPO), through its subsidiary Green Transmission Investment Holding RSC Limited. The Rs 20,000 crore FPO was subscribed 3 percent on the second day of bidding.
KEC International: The infrastructure EPC major and an RPG Group company secured new orders of Rs 1,131 crore across various businesses including transmission and distribution, and civil segment. With these orders, the YTD order intake stands at over Rs 15,500 crore, a growth of 10 percent YoY.
Investors Meet
Greaves Cotton: Officials of company will interact with HDFC Securities.
Tata Motors: Officials of the company will interact with Aspex Management (HK), Motilal Oswal Mutual, and HDFC MF.
Blue Star: Officials of the company will interact with ICICI Prudential AMC.
Havells India, Kaynes Technology India: Officials of companies will participate in PhillipCapital "Manufacturing Day – From Make-in-India to Make-For-The-World" in Delhi.
Tata Consumer Products: Officials of the company will interact with GIC.
CE Info Systems: Officials of the company will interact with LIC MF.
CARE Ratings: Officials of the company will interact with O3 Capital, and Securities Investment Management.
Indian Bank: Officials of the bank will interact with analysts and investors.
Polycab India: Officials of the company will interact with Macquarie Capital.
Sapphire Foods India: Officials of the company will interact with Nuvama (Edelweiss), Hara Global Capital Management, Ambit Capital, and HDFC Securities.
Ircon International: Management of the company will meet Grace Yan, Portfolio Manager at Nikko Asset Management.
SHORT TERM TRADING CALLS
Buy Adani Ent Cmp 3358 SL Below 3110 Tgt 3392 / 3435 / 3469 / 3515 / 3565++
Buy Apollo Hospital Cmp 4322 SL Below 4180 Tgt 4368 / 4418 / 4456 / 4506++
Buy Titan Cmp 2632 SL Below 2510 Tgt 2666 / 2695 / 2730 / 2756 / 2789 / 2813++
Buy IGL Cmp 380 SL Below 364 Tgt 385 / 391 / 399 / 407 / 414 / 419 / 426++
Buy Maruti Cmp 8707 SL Below 8510 Tgt 8785 / 8851 / 8910 / 9000++
Short Term & Intraday Trading Calls Cash Market
Buy CESC Above 80 SL Below 76 Tgt 81.50 / 84 / 85.75 / 88+
Buy UPL Above 690 SL Below 654 Tgt 699 / 712 / 726 / 740 / 756++
Buy JindalSteel Above 445 SL Below 422 Tgt 452 / 460 / 468 / 476 / 484 / 492++
Sell Zeel Below 269 SL Above 280 Tgt 265.50 / 262 / 256 / 248 / 237..
Trading Calls Intraday / Short Term
Buy Wockhardt Pharma Above 245.50 SL Below 235 Tgt 248.50 / 254 / 257.50 / 260++.
Buy Pidilite Above 2715 SL Below 2590 Tgt 2752 / 2778 / 2806 / 2830 / 2856++
Short Term Cash Market Trading Calls
Update On Trading Calls Of 04th October 2022
Buy Ajanta Pharma Above 1303 With SL Below 1232 Tgt 1332 / 1356 / 1380 / 1409. Call Is Open
Buy Havells Above 1354 SL Below 1315 Tgt 1370 / 1391 / 1406 / 1425+. Call Is Open
Buy Infy Above 1420 SL Below 1376 Tgt 1443 👌 / 1462 / 1485 / 1502. Hit's 1st Tgt Of 1443, High Made 1459.80. Call Is Open
Buy Ongc Above 135 SL Below 129 Tgt 137.40 / 140.50 / 143 / 145.50. Call Is Open
SHORT TERM CALL INFY (INFOSYS)
Cash Trading Calls For 03 Oct 2022
Buy Colpal Above 1645 SL Below 1593 Tgt 1668 / 1689 / 1712.
Buy UBL Above 1712 SL Below 1665 Tgt 1748 / 1772 / 1800.
IEX -- INDIAN ENERGY EXC LTD
Positional Short Term Call Buy
New Listings : CMS INFO SYSTEMS LIMITED
Abb : CMSINFO
Segment : BSE / NSE
Code : 543441 / 7603
Group : B / EQ
Isin : INE925R01014
FV : 10.00
ML : 1
Issue Price : 216 / -
New Listings : SUPRIYA LIFESCIENCE LIMITED
Abb : SUPRIYA
Segment : BSE / NSE
Group : B / EQ
Code : 543434 / 7390
Isin : INE07RO01027
FV : 2.00
ML : 1
Issue Price : 274 / -
New Listings : HP ADHESIVES LIMITED
Abb : HPAL
Code : 543433 / 7380
Segment : BSE / NSE
Group : T / BE
Isin : INE0GSL01016
FV : 10.00
ML : 1
Issue Price : 274 / -
New Listings : Data Patterns India Ltd
Abb : DATAPATTNS
Code : 543428 / 7358
Group : B / EQ
Segment : BSE / NSE
ISIN : INE0IX101010
FV : 2.00
ML : 1
Issue Price : 585 / -
New Listing : Medplus Health Services Ltd
Abb : MEDPLUS
Group : B / EQ
Code : 543427 / 7254
Segment : BSE / NSE
Isin : INE804L01022
Fv : 2.00
ML : 1
Issue Price : 796
New Listing : Metro Brands Limited
Abb : METROBRAND
Code : 543426 / 7242
Listing : BSE / NSE
Group : B / EQ
Isin : INE317I01021
Fv : 5.00
ML : 1
Issue Price : 500 / -
New Listing : C.E. INFO SYSTEMS LIMITED (MAP MY INDIA)
ABB : MAPMYINDIA
CODE : 543425 / 7227
GROUP : B / EQ
ISIN : INE0BV301023
FV : 2.00
ML : 1
ISSUE PRICE : 1033
SHORT TERM CALL Buy Suven Life Sciences Cmp 63 SL Below 55 Tgt 66 / 69 / 72 / 75 / 78++ In Coming Days..