Today's Call and Other Information 

#Buy the shares of Adani Wilmar Ltd near Rs.375/Rs.377, for intraday target of Rs.383.15 (Upper Circuit) and Rs.457 an Rs.660 for the short term.

Billionaire Gautam Adani's flagship entity Adani Enterprises on Thursday approved the demerger of the company's food FMCG business to Adani Wilmar.

"It is believed that the proposed demerger will unlock the direct value of the demerged company’s shareholders into the resulting company and allow a focused strategy and specialization for sustained growth for enhanced value, which would be in the best interest of all the stakeholders and the persons connected with the aforesaid companies," Adani Enterprises said in an exchange filing. Photo: Value Research.

#According to my sources, there are some good news for the shareholders of Debock Industries Ltd (Rs.7.60). 

After the exit of one of the promoters, now the business has shifted to the pragmatic hands of the gentleman, Mr.Manveer Singh. He is amiable, dynamic and business minded. We can pin our hopes on him.

Furthermore, once the new company merges with Debock Industries Ltd, then it might propel the stock to Rs.31/32. The new company I'm told has a Resort and is making a Race Course in Jaipur. The new company is tentatively to get merged before the next Deepawali, once it gets the required NCLT clearance.  

The mining from Granite Mines were scheduled from July, 2024, but is yet to commence. 

Moreover, the recent Union Budget's stress on agriculture is positive for this company. During the Budget 2024 presentation, the finance minister Smt. Nirmala Sitaraman, announced an allocation of ₹1.52 lakh crore for the agriculture sector. Additionally, the minister stated that the government plans to introduce 109 new high-yielding, climate-resilient seeds for 32 different field and horticulture crops.

Caveat: Some of information presented regarding Debock Industries Ltd, are source based news and hence you should confirm them from your contacts.

#The 1st Target of Parsvanath Developers Ltd (Rs.17.44) has been achieved as the stock. hit the upper circuit. You should book some profits and hold the rest with a SL of Rs.16.65.

#The shares of J P Associates Ltd (Rs.9.30), a world class company in the infrastructure space has hit the Upper Circuit. The stock unnecessarily fell from dizzy heights, especially when fresh bidding is expected to take place for its cement division. We can look for targets of Rs.12/17.

#Every dip should be used to accumulate the shares of the Aditya Birla group company, Vodafone Idea Ltd (Rs.16.28). Today it fell to Rs.15.75, where the prudent investors might have accumulated. 

Vodafone Idea Ltd has a total of $26 billion in outstanding debt, almost all of it owed to the Indian government for spectrum purchases. So any positive response from the NDA government, could push up the scrip to new 52 week levels.

Furthermore, you have to check the promoters list to understand the pedigree of the company. We have a target of Rs.50 - plus in the coming months.