Winning Strokes
The BSE Sensex is trading at 60,546.83 up 431.70 points (+0.72%) while the Nifty was
last seen at 18,063.10 up 126.75 points (+0.71%). The Bullish momentum is likely to continue, with occasional bouts of buying and selling.
#The restaurant stocks have started to do well. My recommended Coffee Day Enterprises Ltd (Rs.66.45) hit the Buyer Freeze today. Hold with a SL of Rs.57.
#Another restaurant stock Zomato Ltd today made a high of Rs.66.60. Book some profits and hold the rest with a SL of Rs.62.
#My recently recommended Windlas Biotech Ltd (Rs.258) at Rs.233, made an intraday high of Rs.61.40. Congratulations to all who bought this relatively unknown scrip, just on my call. Book some profit and hold the rest with a SL of Rs.256.
#The scrip of India's largest helicopter company, Global Vectra Helicorp Ltd (Rs.58.70) is also doing fine. Hold with a SL of Rs.56.
#Buy the shares of Sugar companies as the. Commodity is now trading at a 4 - months high.
According to analysts from JM Financial Institutional Securities, the government of India continues to push the Ethanol Blending Programme (EBP), which is reflected in robust dem seeand from oil marketing companies, equivalent to 10% EBP, and this is expected to increase to 12% in ESY23. It is also reflected in continued capacity expansion (distillery capacity at 8.9 billion litres, according to industry sources).
Meanwhile, Indian Sugar Mills Association (ISMA) has demanded that the government of India allow export of 80 lakh tonnes of sugar in 2022 - 2023 marketing year starting from October.
In another significant development, ISMA President Aditya Jhunjhunwala has said that 45 lakh tonnes of sugar are expected to get diverted to the production of ethanol, as against 34 lakh tonnes in the current year. This means the actual sugar production would be 355 lakh tonnes in 2022 - 2023.
By the way the net sugar production is expected to increase to 400 lakh tonnes against 394 lakh tonnes in the current year.
I have already recommended Simbhaoli Sugars Ltd (Rs.21.60), Bajaj Hindustan Ltd (Rs.11.40) and Mawana Sugars Ltd (Rs.92).
#With the lifting of Covid-19 related restrictions the Construction sector has started to look good. Two of my favorite counters are MBL Infrastructure Ltd (Rs.22) and Dilip Buildcon Ltd (Rs.246.20). The margins of all the construction companies are set to improve due to government of India's efforts on inflation front and also due to availability of labour, post lifting of lockdowns.
In Dilip Buildcon Ltd, both the FIIs and DIIs has good holding. The Promoters held 70.15% stake in the company as of 30-Jun-2022, while FIIs owned 6.35%, DIIs 9.12%.
#Continue to accumulate the shares of Orient Green Power Ltd (Rs.9.45), after superb June, 2022 quarter numbers. It is a Shriram Group company.
#Continue to accumulate the shares of RTN Power Ltd (Rs.5.50). The stock moves in tandem with Reliance Power. The share should double from the CMP. Today the share of RTN Power Ltd, could hit 🎯 the Upper Circuit.
#If you are confused regarding which scrip to invest or where to put your money in share market, then either you can join my Premium Information Service or allow my business concern to trade in your account in the profit sharing Ratio of 70:30, between you and me.
Also, if you trade through my associated Brokerage House with a minimum portfolio size of Rs.2 lakhs, you'll get Premium Information Service Free of charge.
For any information on the available schemes, kindly shoot me a mail at: sumanm2007s@gmail.com or suman2005s@rediffmail.com
#With excellent GST collections, we can look forward for golden days in the BANKING sector. I've already recommended a few stocks: Canara Bank.Ltd (Rs.232), RBL Bank Ltd (Rs.130). Central Bank Ltd (Rs.20.30) and UCO Bank Ltd (Rs.12.45).
Now buy Equitas Small Finance Bank Ltd (Rs.48.30).
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