SumanSpeaks: The Information Super Highway

Winning Strokes On last Friday, the BSE Sensex closed at 57,200.23 down 76.71 points (-0.13%), while the Nifty ended the day at 17,101.95 down 8.20 points (-0.05%).  The spot Nifty is likely to slowly crawl towards 18300/18500 ranges in the coming days, in the hope of a spending oriented budget. #The shares of Shriram EPC Ltd (Rs.9.70) hit the UC on last Friday. We can look for targets of Rs.31/35 in the coming days, as the company infuses Rs.700 crore into its balance sheet. #The stock of Global Vectra Helicorp Ltd, India's largest Helicopter player, closed at Rs.58.95 in the NSE. According to the BSE website it has a CEPS (TTM) of Rs.41.70 . Also, the  Q2FY22 results were excellent on Y - o - Y basis. I ts net debt is only Rs.26.50 crores. Moreover, under the new Helicopter policy, the government will establish a dedicated helicopter acceleration cell within the Civil Aviation Ministry to address issues affecting the helicopter industry. There will be no landing fees or par...

  Winning Strokes The Sensex is trading at 56,983.83 down 495.61 points (-0.88%), while the Nifty is seen at 17,014.75 down 129.85 points (-0.78%). The Nifty is likely to get strong supports around 16700/16900 ranges, hence is not likely to break in this corrective phase. Meanwhile, the yields on U.S. government bonds fell sharply to begin the week on Monday, as global equities nosedived, but quickly recovered. Investors are anticipating the Fed policymakers' two-day meeting, which begins on Tuesday and concludes on Wednesday. This meeting is widely expected to lay the groundwork for a shift away from easy money stance, this year, without taking any policy action. The rising global tensions and increased volatility in domestic and international stock markets are likely to continue to anchor the Bond yields lower. In another significant developments,  the economic reports released on Monday, showed that the U.S. economy slowed in January as the  pandemic's (COVID-19) Omicr...

  Winning Strokes The India stock markets have recovered from the morning blues. The BSE Sensex was last seen trading at 61,359.93 up 51.02 points (+0.08%), while the Nifty was seen trading at 18,304.85 up 2.75 points (+0.02%). While the Nifty is likely to trade in a range, we are likely to witness a pre budget rally in the mid, small and micro cap counters. Buy good stocks and keep holding till the budget date. #My Strongly recommended Silgo Retail Ltd hit the buyer Freeze today at Rs.41.60. the stock was recommended in this blog around Rs.33.70. I'm looking for targets of Rs.51/52. #Buy the shares of Shriram EPC Ltd at Rs.10,  T: Rs.17/21. There are media reports that the Shriram Group is  in talks to exit Orient Green Power Ltd (Rs.23.50). Interestingly, the Shriram Group through Shriram EPC, is currently the largest shareholder of Orient Green Power Ltd with a 49% stake in it. Hence, this value unlocking could give a huge boost to the financials of Shriram EPC Ltd. P...

    Global Vectra Helicorp Ltd: Ready To Soar High CMP : Rs.61.85,  T : Rs.91,  SL : Rs.57. Introduction:  Global Vectra Helicorp Limited (GVHL) is the  largest private sector helicopter operator in India,  with nearly two decades of experience in providing seamless, safe, and accident-free helicopter services. The Company's operations include offshore oil and gas support, onshore operations for state governments (VVIP flying), election flying, heli pilgrimage, and much more. The company is also a pioneer in the use of helicopters to conduct specialised aerial geophysical surveys and in the provision of power industry support services. GVHL is an ISO 9001-2015, ISO 14001-2015, and OHSAS 45001-2018 certified Company. These certifications overarch all GVHL activities, including flight operations, engineering, safety, quality control and commercial systems. GVHL is a long-term Corporate Member of the Rotary Wing Society of India (RWSI) and a member of Hel...

  Winning Strokes The benchmark indices continued to move up today. The BSE Sensex was last seen at 61,074.76 up 457.87 points (+0.76%), while the Nifty was trading at 18,189.10 up 133.35 points (+0.74%). However, correction is seen in the mid and small caps, especially those hitting continuous UCs. In this circumstances, I would suggest you to book continuous profits as the indices are near all time highs.  Also, slowly get out of the junk (momentum) counters and now enter only fundamentally strong scrips. Today, I'm having mild fever and hence, I wouldn't make this write up too long. #Exit out of the shares of Wockhardt Ltd (Rs.420) , with minimum loss. #Accumulate UCO Bank Ltd (Rs.13.35) , for targets mentioned earlier. This share will give good returns over a period, as the government is likely to do bank capitalisation in this quarter. #Book profits in A2Z Infra Engineering Ltd (Rs.13.75). #Book 80% profits in Suzlon Energy Ltd  (Rs.11.85).  Hold the rest with a...

  Winning Strokes The domestic bourses are on a consolidated phase, after a long upmove. The BSE Sensex is seen trading at 60,437.03 up 41.40 points (-0.12%), while the NSE was last seen at 18,009.60 up 6.30 points (-0.02%). The markets are likely to trade flat for a few days, in absence of any major trigger in the either direction. #My strongly recommended Suzlon Energy Ltd (Rs.11.70) hit another buyer Freeze. When I was recommending the stock at around Rs.6.35 - Rs.7.35 ranges, most of the markets participants were speaking of its debt. I had to give an analysis of the current debt mechanical to convince them. Besides, Ajit Mishra, was at that time giving repeated sell calls on Suzlon Energy Ltd. How did all the debt of Suzlon Energy, vanish in just 2 months? 😄😄 #Buy the shares of Wockhardt Ltd near the CMP of Rs.427 for short term targets of Rs.496 - Rs.541. SL: Rs.392.  In August last year, there were media reports that Global pharmaceutical company Wockhardt Limited p...

Winning Strokes The Indian bourses are on a roll today. The BSE Sensex is seen trading at 60,351.68 up 607.03 points (+1.02%), while the Nifty was last seen at 17,989.45 up 176.75 points (+0.99%). The optimism surrounding the upcoming union budget is likely to keep the sentiments buoyant. Photo : Zee News #My recommended A2Z Infra Engineering Ltd (Rs.12.50) hit another buyer Freeze, piggybacking on the EV story. #The stock of Den Networks Ltd (Rs.44.10) today made a high of Rs.45.15. This debt free Mukhesh Ambani group company, should give decent returns over a period. Hold. #Buy UCO Bank Ltd at Rs.13.45, for targets of Rs.19/21. Meanwhile, there were media reports that the government of India has proposed to recapitalize public sector banks (PSBs) which have emerged from the Reserve Bank of India’s (RBI’s) prompt corrective action (PCA) framework and may need additional funds to strengthen their books. It would be pertinent to mention here that the finance ministry in all probabilit...

Winning Strokes The Indian bourses are on a roll once again. The BSE Sensex is seen trading at 59,900.58 up 298.74 points (+0.50%), while the NSE was last seen at 17,843.50 up 97.60 points (+0.55%). The markets are likely to remain bullish in view of the optimism surrounding the upcoming union budget. #The scrip of A2Z Infra Engineering Ltd (Rs.11.95) hit another buyer Freeze. Congratulations to all the Shareholders. #Accumulate the shares of Bombay Rayon and Fashions Ltd (Rs.8.70), as the worse seems to be over for the company. Bombay Rayon Fashions Limited had earlier carved out BRFL Textiles Pvt Ltd (BTPL) earlier last year to house its factory in Tarapur, Maharashtra. Last year BRFL Textiles Pvt Ltd raised Rs. 240 crore ($32 million) in an equity round of funding led by JM Financial India Fund II and US-based Think Investments. BTPL has a strong presence in the B2B and B2C space along with long-standing relations with leading brands across the globe. Photo : The newly opened Reta...

Winning Strokes The BSE Sensex is seen trading at 59,439.52 down 776.60 points (-1.30%), while the Nifty was trading at 17,701.95, down 223.25 points (-1.25%). This is a healthy correction after a long run. This will help sector churning and money moving from the large caps to undervalued l small and mid cap counters. My today's recommendation is one such gem from the retail sector, where we saw bulk buying some weeks back. The Nifty is likely to recover further, as the day advanced, and may either close with minimum loss or in the green. #Buy the shares of highly cheap shares of Silgo Retail Ltd near the CMP of Rs.33.70, for short term targets of Rs.51/56. The TTM P/E of the share is 14.36 as compared to sector P/E of 180.38, showing the room for high appreciation. The pandemic has benefited Indian e-commerce the most, as people realised the convenience of online shopping during the lockdown period. It resulted in a paradigm shift in consumer behaviour, with an increasing reliance...

  Winning Strokes #The BSE Sensex was seen trading at 60,129.74 up 273.81 points (+0.46%) ,while the Nifty was last seen at 17,888.70 up 83.45 points (+0.47). The markets will continue to remain buoyant before the upcoming budget, where the FM, Nirmala Sitaraman jas spoken of giving more importance to spending rather than on maintaining fiscal tightening (prudence). The Nifty is expected to reconquer 18100/18430 ranges. #The domestic bourses are on a roll. If you have a portfolio Size of Rs.1/2 lakhs, you can join my #Crorepati #Scheme and take advantage of my years of experience in the stock markets; to maximize your returns from it. For more details, kindly send me a mail at: suman2005s@rediffmail.com. #Buy the shares of the RBL Bank (Rs.129.70 ), which has come down some attractive levels after the recent correction. In order to alleviate fears of the investors, the RBI has declared the Bank as Stable. The Indian Central Bank itself highlighted that the bank is well capital...

  Winning Strokes The domestic bourses are trading at a bullish tone. The BSE Sensex is seen trading at 59,210.73 up a whopping 956.91 points (+1.64%), while the Nifty was last trading at 17,630.90 up 276.85 points (+1.60%). The domestic bourses will continue to remain bullish in view of the optimism surrounding the upcoming union budget. #The shares of Orissa Mineral Development Company Ltd (Rs.2374) recommended yesterday are doing fine, after the company commenced mining operations. The stock should at least double from the current market price. Incidentally, in February, 2021, there were media reports that Cabinet had approved the privatisation of steel-maker Rashtriya Ispat Nigam Ltd (RINL), the "Navratna"  PSU which runs the 7.3 million tonne (mt) capacity Visakhapatnam Steel Plant. The government currently holds 100% stake in the company that makes long products used in construction. Incidentally, it is the parent company of Orissa Mineral Development Company Ltd (Rs.2...