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 SL at Rs.11.60.

Risky bet: Global Vectra Helicorp Ltd at Rs.63, T: Rs.91, SL: Rs.57.

Triggers: 

• The number of Omicron cases are reducing in Mumbai, which is a good news for the aviation sector.
• The company came out with good set of numbers for the Q2FY22, when the net loss got reduced substantially.
• In September, last year there were media reports that Civil Aviation Ministry had allowed airlines to operate flights at 85% capacity. The Ministry has modified its earlier order on August 12, 2021, stating that the passenger capacity has been increased from 72.50% to 85%.
• The NDA Government is giving special focus on the states with tourism destinations in the country and efforts are being made in prioritizing the tourist destinations in its vaccination efforts as  the government is focused on bringing the tourism destinations to the pre-COVID situation.
• According to Simplywall.com: Global Vectra Helicorp Ltd (Rs.62.80) has Rs.487.50 million of debt as of September, 2021 down from Rs.584.20 million a year back.
• But since it has a cash reserve of Rs.222.50 million, its net debt is a meagre Rs.265 million (Rs.26.50 crore). Or it is almost a debt free company. 
• However, liabilities outweigh the sum of its cash and near term receivables by Rs.5.65 billion. However, the situation is going to change in this CY22. 
• International tourism will be promoted in the country. The government has a special focus on vaccination at destinations like Goa, Himachal Pradesh, Kerala, Andaman and North East. The Central government has also recently taken several steps to encourage foreign tourists. Photo: Just Dial.

#Accumulate the shares of Shriram EPC Ltd (Rs.10.10), after the price stabilises. 

#Buy the shares of Union Bank Ltd at Rs.45.55, T: Rs.85/Rs.91, SL: Rs.41.

#Buy Union Bank Ltd at Rs.45.55, T: Rs.85/Rs.91, SL: Rs.41. 

As mentioned earlier, I'm bullish on the banking sector, especially in the PSB space. I've given you two names, you can invest in other fundamentally strong banking scrips too, especially from the PSU basket. 

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 probability will finalize the last round of capital infusion for PSBs early next year and will look into the requirements of each bank, especially weak ones that are still under PCA or have recently been out. The budget for FY22 had allocated ₹20,000 crore for bank recapitalization, but a large part of it is yet to be disbursed. It is expected to be released in Q4.

#The stock of Shriram EPC Ltd (Rs.11.15) went for a routine correction today, after a long run up. The new promoters are likely to bring in an open offer to acquire stake. Accumulate on declines. Also, FERA companies generally command high valuations. 

#The stock of Marshall Machines Ltd today made a high of Rs.43.60. This is a new age company, and its technology can be used in the making of EVs. Hold.

#The stock of RBL Bank Ltd (Rs.139) today made a high of Rs.140.80. I'm bullish on the banking sector, since any improvement in economy will have a direct positive bearing on the Sector. We can look for targets of Rs.191/196, in the coming weeks. Hold.

#The stock of BF Utilities Ltd (Rs.406) today made a high of Rs.411.45. We can look for targets of Rs.441/472 in the coming days. Hold.

#The stock of Bombay Rayon and Fashions Ltd (Rs.8.70) is on a steady upmove. Accumulate the shares for targets above Rs.50. The company is doing fine, after capital Infusion and from the next fiscal we may start to see positive financials. 

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 Retail outlet in Bangalore, of Bombay Rayon and Fashions Ltd.

The Tarapur plant is a multi-fibre fabric processing unit. With its annual processing capacity of 400,000 metres per day, the plant is the largest single-roof fabric processing unit in India. It also has a captive yarn dyeing unit with an annual capacity of 10.6 million kg.

It is a huge company. My sources are saying that it is on the way to strike a lucrative deal with JM Financial ARC.

BTPL currently houses brands such as Bombay Rayon, BRFL, Linen Vogue, Giza Classe, Dickens & Browne and others.

The company owed banks about Rs.4,270.18 crore at the end of March, 2021. Of this, JM Financial ARC has taken over nearly 85% from other lenders, as per the company’s annual report for 2019-20.

Over the past year, the firm has restructured its debt from Indian Overseas Bank, IDBI Bank, Corporation Bank, Union Bank of India and Rajaram Bapu Sahakari Bank through a one-time settlement process.

#My recently recommended BF Utilities Ltd (Rs. 397.40) made an intraday high of Rs.402.70. Keep Holding with a SL at Rs.391.

#The stock of Suzlon Energy Ltd (Rs.10.65) hit another buyer Freeze today. Keep holding with a SL at Rs.9.70.

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 on online services. Demand increased in all categories, and one of the industries that benefited significantly from India's e-commerce boom is the Indian jewellery industry.

Even before the pandemic, online shopping was propelling India's jewellery industry to new heights. While the availability of smartphones, low-cost internet access, and rising personal income have all aided the industry, government initiatives such as Digital India, Start-Up India, and Digital Udaan have also contributed to its growth.

Idian culture has always placed a high value on jewellery. The rise in disposable income among the middle class is likely to elevate the demand for the gold and silver jewelry articles.

#The stock of Shriram EPC Ltd is up today, even in this selling market, showing the inherent strength in the counter. You should accumulate for targets of Rs.35/41, in the coming days due to pedigree of the current management and future promoters. The FERA companies generally command high valuations in the domestic bourses.

#The stock of Suzlon Energy Ltd (Rs.10.15) has hit the Buyer Freeze. You should hold with a SL at Rs.9.60. Kindly note that the Face Value of the shares of Suzlon Energy Ltd is Rs.2 and not Rs.10. Kindly, don't add fresh positions, untill some more clarity comes out from the management, regarding its debt servicing efforts.

#The shares of Marshall Machines Ltd (Rs.40.40) is trading in the Green today. The the company is a leading player in the CNC technology space, which finds use in the automobile and other sectors. The company has a healthy and an ever increasing order book, apart from good promoter holdings. This technology can be used in the Electric ⚡ Vehicles space too. Buy in market dips.

#The stock of my recommended RBL Bank Ltd (Rs.135) at Rs.131.85, for targets of Rs.220/250. SL: Rs.121 is doing excellently well today. This is a sure shot counter which will good returns, as the RBI will probably defer rate hikes, due to spurt in the Omicron cases, which is positive for the whole of Banking, NBFC, Automobile and the Construction sector stocks. By the way, always buy the shares of companies which have a story to tell. 

#The stock of A2Z Infra Engineering Ltd (Rs.11.40) has hit the Buyer Freeze. The Electric ⚡ Vehicles (environment-friendly battery-driven bicycle - E-Hiran which run on electric power) play and other Magic Genie Home Services like, Eco-Tech Green Toilet with zero effluent discharge (which has been turned into 'Bus Shelter-cum-Green Toilet' product),  and Magic Brick made using Municipal Solid Waste, should see the stock cross Rs.17/18 in style. 

 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 capitalised, with a high liquidity coverage ratio. 

RBL Bank's total deposits stood at Rs73,637cr in Q3FY22 rising by 9.61% from Rs67,184cr in the same quarter last year.

The lender's CASA stood at Rs25,316cr in Q3FY22 up by 21.32% yoy. CASA ratio came at 34.4%.

The bank's retail deposits and deposits from Small Business customers were at Rs27,871cr in Q3FY22 increasing by 14.16% yoy.

The lender's Liquidity Coverage Ratio comes at 146% in the December 2021 quarter.

Moreover, due to the spurt of the cases of Omicron, the RBI may defer the rate hike in the immediate future. This is positive for the whole of Automobile, Banking and Construction sectors.

Hence, this is the time to lift it's shares at dirt cheap price.

#The stock of Orissa Mineral Development Company Ltd (Rs.2792.95) made a high of Rs. 2924.80. The stock has a long way to move upward. Accumulate in market Declines. 

#The scrip of Marshall Machines Ltd (Rs.41), a poineer in CNC Technology made a high of Rs.42.85 today. The company's technology can be used in making Electric ⚡ Vehicles. It has a healthy order book of around Rs.54 Crores.

#The shares of my old favourite, A2Z Infra Engineering Ltd (Rs.10.85), a play on the Electric ⚡ Vehicles space is doing well today, after dipping to Rs.10, intraday. 

A2Z Infra Engineering, boasts of setting up Asia’s biggest single location Integrated Resource Recovery Facility (IRRF) at Kanpur. 

The scrip could hit upper circuit today. Keep watch!! 

#Start accumulating Future Retail Ltd (Rs.50.55), since it is all over for Amazon. It seems Mota Bhai, will not allow it to weild its influence in Future group stocks. Already there is a penalty of Rs.200 crore on Amazon, plus huge legal expenses.

It can't continue in this way -- logic says, good days are simply at arms length for the Future Retail Ltd (Rs.50.55).

Winning Strokes

The Indian bourses are trading flat. The BSE Sensex is seen trading at 57,918.68 up 112.19 points (+0.19%), while the Nifty is trading at 17,238.15, up 24.55 points (+0.14%). While the indices are expected to trade flat, the action will be shifted to stock specific counters.

#Suzlon Energy Ltd (Rs.9.85) hit another consecutive Buyer Freeze. The stock made a new 52 - week high today. 

#Shriram EPC Ltd (Rs.10.20) hit the buyer Freeze today and then came out. We can look for targets of Rs.30/35 in the coming days. Accumulate on declines. FERA companies command high valuations in Indian bourses. It has a good order book position, and quality management.

#Buy the shares of BF Utilities Ltd near the CMP of Rs.382, for short term targets of Rs.471/491. This is a Baba Kalyani group company having huge land holdings, near Bangalore. It is also into Renewable Energy. When Suzlon Energy Ltd has been hitting continuous UC, we can look to buy this share. 

If you look at the shareholding pattern of the company, you'll find that the ace investor Radhakishan Shivkishan Damani (Guru of Rakhesh Jhunjhunwala) holds 1.30% shares of the company.  This makes the share extra special at the current CMP.

#The scrip of Bombay Rayon and Fashions Ltd (Rs.8.05) hit the Upper Circuit, before the AGM tomorrow. Since the stock has been shifted into BZ group by the exchanges, hence don't add fresh positions, till it comes out of this Group.

#Continue to accumulate the shares of JBF Industries Ltd (Rs.20.40), for targets above Rs.50. It is a Mukhesh Ambani acquisition story, according to the market rumours.

#The stock of Patel Enginnering Ltd (Rs.34) made a new 52 - week high today. If you remember, the scrip was recommended around Rs.15/17/19 ranges. The stock has doubled from the recommended price. 

#The Stock of A2Z Infra Engineering Ltd (Rs.9.05) hit another buyer Freeze. It has been shifted to the T - group and hence keep a constant watch on the counter.

#Buy the shares of Generic Engineering Construction and Projects Ltd at Rs.36, T: Rs.48/51. SL: Rs.31. This is a fundamentally strong company. 

 Winning Strokes

As expected the markets started to rally post Christmas celebrations. I had earlier asked all through Facebook and Twitter posts, suggesting investors to buy good stocks during the market fall to take advantage of any post Christmas Rally. Those have heeded to that advice might be feeling happy.

Meanwhile, the shares of IRB Infrastructure Ltd (Rs.212.35), Suzlon Energy Ltd (Rs.8.90) and A2Z Infra Engineering (Rs.8.25) hit their respective Buyer Freezes. Congratulations to the Shareholders who bought the scrips on my recommendations.

Buy the shares of JBF Industries Ltd (Rs.20.80), for targets over Rs.50. JBF group is the second-largest manufacturer of textile-grade chips and third-largest producer of partially-oriented yarn and biaxially-oriented polyethylene terephthalate (BOPET) chips and films domestically.  

The company got badly affected due to Covid-19 Pandemic. However, the things are improving and its fundamentals are set to take a quantum jump, after the new management takes over the working machinery of the company. 

JBF Industries Ltd is engaged in the production of products in the polyester value chain, such as PET chips, which are of bottle grade, textile grade and film grade; polyester yarn, such as partially oriented yarn, polyester filament yarn, full drawn yarn and other specialised yarn; and PET films, which are of thin grade, thick grade and metallised grade. It defaulted on its debt obligations due to its weak liquidity position, according to a rating report by Care Ratings.

In 2020, RIL acquired a 37.7% stake in Alok Industries through the insolvency resolution process. It had then participated in the bidding process for the company in consortium with JM Financial ARC.

According to a Bombay Stock Exchange filing, CFM Asset Reconstruction Pvt Ltd has taken symbolic possession of all the secured assets of the Company.

Moreover, according to analysis presented by Simply Wall, JBF Industries had debt of ₹17.9b (Rs.1790 crore) at the end of March 2021, a reduction from ₹26.6b (Rs.2660 crore) over a year. However, it does have ₹1.49b in cash offsetting this, leading to net debt of about ₹16.4b (Rs.1640 crore), which I feel is looking manageable, with such a robust set up in place.

Besides, one redeeming factor for JBF Industries Ltd (Rs.21.79) is that, it turned last year's EBIT loss into a gain of Rs.1.40 billion (Rs.140 crore), over the last 12 months.

Also, according to a news in Financial Express, Reliance Industries Ltd is likely to take over stressed polyester manufacturer JBF Industries in consortium with CFM Asset Reconstruction Company (ARC).

Meanwhile, a recent report states that the Global Amorphous Polyethylene Terephthalate (PET) Market is expected to grow by $ 6.21 bn during 2021-2025, progressing at a CAGR of 5.96% during the forecast period.

By the way, why the regulators have put the scrip of this renowned Textile company, viz JBF Industries Ltd (Rs.20.80) in the T - group and not the stocks like Sintex Plastics, Sintex Industries, Urja Global, etc is beyond my comprehension. Earlier, they did the same thing, with the stock of BRFL (Rs.7.30) and if you remember, I had raised my concern during that time too...

The surveillance department of stock exchanges should explain to the investors, why a certain stock has been placed in the T - group. Otherwise, this kind of arbitrary move, can dent the confidence of the Shareholders/Investors.

#Buy the Shares of Dhanlaxmi Bank Ltd near Rs.14.10 for short term targets of Rs.17/18. SL: Rs.11.70. It has a TTM  PE of 11.23 against the Sector PE of 29.04. The Book Value Per Share is whopping Rs.28.67. Therefore, this is one of the best bank stocks for short term play. 

The figure above shows the net profits of Dhanlaxmi Bank for a certain period. The standalone September 2021 net Interest income of the bank, came at Rs.90.66 crore up 2.26% on Y-o-Y basis. 

Total income of Dhanlaxmi Bank during the July-September period of 2021-22, grew to Rs.266.59 crore from Rs.249.66 crore in the same period of 2020-21. 

Against this the market cap of the Bank is only Rs.366 crores, which shows that its stock is grossly undervalued. Photo: Moneycontrol.com. 

 Winning Strokes

The BSE Sensex is trading at 57,377.73 up 447.17 points (+0.79%), while the Nifty was seen trading at 17,084.20 up 128.75 points (+0.76%). The Nifty is likely to test 17500/18100 in the coming days. However, 16600 level is very important, on the downside. Photo: The Print.

#Buy the shares of IRB Infrastructure Ltd near the CMP of Rs.210.20. The company has a whopping order book position of Rs.19,210 crore. IRB Infrastructure has already completed and commissioned the 124 km long Agra Etawah BOT project with a cost outlay of around Rs.3,044 crore in UP. It is currently in the final stages of completing and commissioning its 99 km long Hapur Moradabad BOT project with cost outlay of around Rs.3,345 crore.

Meanwhile, the Competition Commission of India (CCI) earlier approved the acquisition of up to 16.94% equity share capital of IRB Infrastructure Developers Limited (IRB /Target) by Bricklayers Investment Pte. Ltd. (GIC Investor/Acquirer).

Besides, IRB Infrastructure Developers Ltd raised Rs.5,033 crore last year from listing its InvIT. 

Financials: The company's consolidated net profit came at Rs.42.31 crore in the quarter ended September 2021 as against a net loss of Rs.19.66 crore during the previous quarter ended September 2020. Net sales rose 30.4% on Y-o-Y basis to Rs.1,465.24 crore in Q2 FY22.

The shares of the company has a P/E of 26.25 against the Sector P/E of 38.06. The Book Value per share is Rs.196.35.

#Suzlon Energy Ltd (Rs.7.85) made an intraday high of Rs.8.15. The stock is currently trying to hold the crucial level of Rs.7.80, from where it fell last time.

#A2Z Infra Engineering Ltd today made a high of Rs.8. The stock should safely sail through Rs.10. Accumulate!

#The stock of Shriram EPC Ltd (Rs.8) is doing well today. It now has a foreign promoter, who is likely to provide enough liquidity for EPC projects. The company earlier had a high pedigree -- a part of the reputed Shriram Group. The current management is even better. We know FERA companies command high valuations. Hence, we can look for targets of Rs.35/40, in the coming months. Accumulate!

Bombay Rayon and Fashions Ltd (Rs.6.90) will hold its 28th AGM on 31/12/2021. The things are likely to get more clearer post AGM. The production is going on in full swing in both (Boisar West, Mumbai Metropolis and Bangalore) the factories of the company. 

💢Buy the shares of Orissa Mineral Development Corporation Ltd (OMDC) at around Rs.2300/Rs.2400, for short term targets of Rs. 2750/3400 and Oriental Trimex Ltd near the CMP of Rs.11 for short term targets of Rs.15/17.

After easing of Covid-19 restrictions, the mines have started to operate at full steam. This is evident from the September quarter results of OMDC. I'm Bullish on mining ⛏️ companies. 

Winning Strokes

Yesterday, the BSE Sensex closed at 56,319.019 up 497 points (+0.89%), while the Nifty settled at 16,770.85 up 156.65 points (+0.94%). I'm expecting the Nifty to gradually trend towards 16400/15870 level in the coming days, before moving up. Photo: Times Now.

Finance Minister Nirmala Sitharaman will present her third budget and will be assisted by a team of advisers and secretaries with a mission to boost economy in these outbreak times. Sitharaman has promised that the upcoming Budget will be of a kind never seen before, one where fiscal concerns will be kept aside and there could be record public spending, with an objective of boosting demand and creating jobs. So, next year we can look forward to Sensex touching 70,000.

#The stock of Shriram EPC Ltd (Rs.7.45) touched a high of Rs.7.65 in the NSE before closing near the day's high. 

The Dubai-based family office Mark AB Capital will take over Shriram EPC, an engineering procurement and construction contractor and part of the financial services conglomerate Shriram group by picking up 26% stake for Rs.350 crore. Hence, this Dubai based firm is the New Promoter of Shriram EPC. Now we know from our previous experience that FERA Companies command high valuations. So, we need to look at the counter of Shriram EPC Ltd (Rs.7.50), from a new angle. Considering the brand of its new promoter, Bullishness associated with the construction sector and the upcoming Infrastructure focused budget we can look for long term targets of Rs.37/45/72/167/291. Buy on Market Declines. This is a sure shot bargain, as the company will not face working capital hassles and will now operate on international scale (foreign contracts).

The stock of Den Networks Ltd (Rs.40.25) is from the Mukhesh Ambani group, and has high safety associated with it. They also obtained a non-exclusive license from the DoT to set up and operate internet services all over India.  

Some people are of the opinion that, 5G Services could bring about the end of cable TV, whereas others think it won’t have much of an impact. 

However, the Den Networks Ltd is a hybrid player and therefore could excel in  this space or could take over the business of pure cable TV operators, by dishing out to customers, internet streaming platforms. I mean, even if 5G services next year pose some challenges to Cable TV sector, Den Networks will be able to match any drop in revenue through high speed video streaming.

The improvements to wireless broadband technology through the advent of 5G services can threaten cable TV companies, and hence the investors were shying away, but Den Networks has an excellent story. Up until now, while 4G LTE delivers excellent speeds, its capabilities are nothing compared to what a cable connection can give you. This is going to change, with India going for 5G services tentatively in the middle of next year. Many companies routinely offer connections of 200 Mbps or more, with Gigabit Internet now also available in most places. This means that 5G can replace cable Internet in some places, which would be detrimental to PURE cable TV business model and hence could help hybrid players like Den Networks to take over their businesses (if any). 

To give you a little better idea of what’s happening in the US on cable TV industry, here are some stats: 

• The 2 largest cable companies, Comcast and Charter, are trading at record high prices. Charter stock prices are up more than 150% in the past 5 years. (Sources 1, 2).
• In 2020, Charter added more than 2.1 million home Internet customers, up from 1.3 million the year before. (Source 3).
• Year-over-year growth for Comcast’s Internet service is above 5%, the highest rate in more than 6 years. (Source 4).
• In 2020 alone, more than 6 million people cut the cord, choosing to drop cable TV services in favor of streaming-only options. (Source 5)

Over and above, Den Networks, is debt free, comes from a big brand, entertains 13 million+ households in India across 13 key states and 433 cities and has the Largest Subscriber Base amongst all cable players in India. 

Besides, after revolutionising the internet adoption in India with Jio’s free internet data plans, Mukhesh Ambani has drawn up the plan for a second wave of the digital revolution through JioFiber broadband services.

On September 5, 2019, Reliance Jio launched a fiber-to-the-home (FTTH) internet broadband service JioFiber, also known as Jio GigaFiber, in over 1,600 cities in India. This is expected to get more aggressive, post 5G Launch in India. 

JioFiber is offering a speed starting from 100 Mbps and go all the way up to 1 Gbps. These plans come with access to free domestic voice calling, conferencing and international calling; TV video calling and conferencing, entertainment OTT apps, gaming, home networking, community management services, device security, AR/VR experience and more.

• High-Speed Internet
• Voice Assistant
• Free Voice And Video Calling
• 4K Set-Top Box
• Music And Video Streaming
• Home Networking And Smart Homes
• Jio Security
• Smart TV Experiences
• JioGate Community Management
• Online Multiplayer Gaming
• Virtual Reality Experiences

Those having a long term vision should have the scrip of Den Networks Ltd (Rs.40.25) in their kitties.

In another development, the case of Future Retail Ltd (Rs.54.35) is now all set to go in its favour of the master Indian strategist, Kishore Biyani, as he is all set to gift Biriyani...😀😀to his shareholders. The Economic Times writes, Future may use CCI order to get Amazon cases quashed. 

I have mentioned many times, in this blog that it will be very difficult, if not impossible to beat Mukhesh Ambani in his home turf. And the new developments, just indicate that.....We can now look forward for targets of Rs.100+, in the coming days. Accumulate on declines.

You can continue accumulating the shares of Bombay Rayon and Fashions Ltd (Rs.7.15) for targets of Rs.27/35. The company has opened new stores in Bangalore. Photo: Bombay Rayon and Fashions Ltd's new store in Bangalore.

Another, I want to ask the regulators: on what basis a stock is put in T - group (BL in NSE)? I see Stocks like Sintex Plastics Ltd (Rs.13.45), Trident Ltd, 3i Infotech, Urja Global Ltd (Rs.14.90), Nagarjuna Fertilizers Ltd (Rs.11.35), HCC (Rs.15.60), etc which are either hitting continuous Upper Circuit for weeks or there are too much speculation, have still not been shifted in Trade - to - Trade segment (T - group), while it is not the case for many others, Reliance Capital (Rs.13.65), Reliance Infra Ltd (Rs.95.15), A2Z Infra Engineering Ltd (Rs.7.70), etc. 

If the stock exchanges do this of regulation, then obviously the shareholders will question the intent of the regulators. I'll only say - we either have a very bad regulation policy or the persons who are entrusted with the implementation of the surveillance policies/mechanism are probably doing the work with a jaundiced vision. 

My request to the regulators of stock Exchanges: Kindly, take note of my concerns and take necessary steps to correct the aberration.

The shares of Suzlon Energy Ltd (Rs.7.45) has been hitting the buyer since the last couple of days. We can look forward for targets above Rs.10, as the government of India is all set to implement the Renewal Energy targets of 2022. The upcoming budget is likely to give incentives for the Renewal Energy sector. Accumulate in Market Declines. 

Buy the shares of A2Z Infra Engineering Ltd near the CMP of Rs.7.55, for short term targets of Rs.12/15.

According to Simply Wall, A2Z Infra Engineering Ltd (Rs.7.55) had a debt of Rs.3.63 billion as of 31 March, 2021, down from Rs.4.79 billion. However, it has a cash reserve of Rs.2.13 billion, hence its net debt is a meagre figure of Rs.1.50 billion -- this is very less, for the companies in its sector of performance.

Market Mantra

After hovering near flat line in morning trade, key equity indices bounced back in mid-morning trade. At 12:10 IST, the barometer index, the S&P BSE Sensex, was trading at 35,300 up 158.90 points while Nifty was seen at 10,6184 up 2.65 points. 

Most metal and FMCG shares advanced.

Among secondary barometers, the BSE Mid-Cap index was up 0.17%. The BSE Small-Cap index was down 0.03%.

The market breadth, indicating the overall health of the market, was negative. On BSE, 931 shares rose and 1249 shares fell. A total of 109 shares were unchanged.

Alkem Laboratories rose 1.23% after the company said that USFDA has concluded inspection at its Taloja facility. The announcement was made after market hours yesterday, 14 November 2018. Alkem Laboratories said that USFDA had conducted an inspection at the company's Bioequivalence facility located at Taloja, Maharashtra from 8 November 2018 to 14 November 2018. At the end of the inspection, no Form 483 was issued.

Overseas, most Asian shares were trading higher after an improvement in market risk sentiment after British Prime Minister Theresa May said she had obtained enough support for her proposed Brexit deal to move forward. The uncertainty surrounding a deal had earlier weighed on risk sentiment.

US stocks closed lower Wednesday, with the Dow Jones Industrial Average logging its longest losing streak in three months, as blue-chip Apple Inc. flirted with bear-market territory.

Meanwhile, US Federal Reserve Chairman Jerome Powell on Wednesday expressed confidence in US economic strength and said that markets will have to get used to the idea that the central bank could raise rates at any time starting in 2019.

On the US data front, the Labor Department said the consumer-price index rose by 0.3%, while core CPI, excluding volatile food and energy prices, rose 0.2%.

#Sell the shares of Jet Airways Ltd at around the CMP of Rs.275.15, for short term targets of Rs.210/189. It has a negative worth. Its outstanding to employees, vendors, oil companies, AAI, maintenance contractors, lessors & other suppliers has crossed Rs 12,000 Cr, according to a report in Rediff.com. The Stop Loss for Jet Airways Ltd is Rs.285 and Rs.292 (exit completely), in case the stock does not perform as expected. SELL, SELL, SELL!!

#A2z Infra Engineering Ltd (Rs.13.85) yesterday made an intraday high of Rs.13.85, while today it touched Rs.14.50, intraday. Buy the shares on all market declines.

#The scrip of Omkar  Speciality Chemicals Ltd is trading at around Rs.12.55 in the BSE, up 2.12%. Accumulate on declines.

Market Mantra

The market extended gains and hit fresh intraday high in mid-afternoon trade, backed by positive opening in the European market. At 15:15 IST, the barometer index, the S&P BSE Sensex, was trading at 35,148.46 up 335.47 points or 0.96% while Nifty was seen at 10,584.50 up 102.30 points or 0.98%.

The Nifty 50 index was up 91.15 points or 0.87% at 10,573.35. Gains were supported by firmness in oil sector stocks. The Sensex regained 35,000 mark in mid-afternoon trade.

Among secondary barometers, the BSE Mid-Cap index was up 0.09%. The BSE Small-Cap index was down 0.07%. Both these indices underperformed the Sensex.

The market breadth, indicating the overall health of the market, was negative. On BSE, 1214 shares rose and 1292 shares fell. A total of 127 shares were unchanged.

On the economic front, India's industrial production grew 4.5% in September compared with the upward revised 4.7% in August, data released by the statistics office showed. August growth had initially been estimated at 4.3%.

Inflation as measured by the Consumer Price Index stood at 3.31% in October compared to 3.70% in September, showed government data released on Monday.

Overseas, European equity markets opened higher on Tuesday, following a pullback in stocks stateside. Investors are keeping a close eye on oil prices, after new comments from President Donald Trump. He said that the group of oil producers OPEC should not cut supply to prop up the market.

Asian shares were mixed on the back of US stocks closing sharply lower Monday. In US, the Dow Jones Industrial Average tumbled 600 points as crude oil prices extended their retreat while a firmer US dollar also sparked worries about the competitiveness of US corporations in an increasingly challenging economic environment.

#Buy the shares of A2z Infra Engineering (Rs.13.35) for short term targets of Rs.17/22/36/42. SL: Rs.9.40.

Shareholding Pattern:

• SICOM -- 3.57%
• Standard Chartered Bank -> 7.13%
• Aspire Emerging Fund (an FPI) -> 1.53%
• Edelweiss Asset Reconstruction Company Ltd -> 6.49%.
• Shankar Sharma, an Ace Investor -> 4.66%.

On 27 July, A2Z Infra Engineering announced OTS with lenders of A2Z Green Waste Management towards Debt of Rs.275.94 Cr, for a total consideration of Rs.70 crore.  On that day it hit 20% UC & was trading above Rs.24. Shankar Sharma is reported to have recently recommended it. This is going to be multibagger going forward as it has cut down its debts substantially and has good order book position. 

#The scrip of Omkar Speciality Chemicals Ltd and its sister concern Lasa Supergenerics Ltd hit their respective buyer freezes at Rs.11.71 and Rs.26.15 on the BSE. Congratulations to those who bought the scrip on my recommendation. 

#The Nifty would continue to get support above 10500 and would move towards 10700 in the coming days. The small and micro-cap rally is about to being as November-effect has kicked in. Therefore, book your seats in advance in this space.

#The scrip of Ishan Dyes & Chemicals Ltd (Rs.57.50) is consolidating around the current ranges before the next level of Upmove which is likely to take the scrip above Rs.67. Keep holding with a SL of Rs.56.

~~with inputs from Capital Market Live News.....

Winning Strokes

Benchmark indices settled with modest gains as Government promulgating the ordinance to amend the Insolvency and Bankruptcy Code, 2016 perked up sentiment. The barometer index, the S&P BSE Sensex, advanced 91.16 points or 0.27% to settle at 33,679.24. The Nifty 50 index rose 40.95 points or 0.4% to settle at 10,389.70. Gains in global stocks also underpinned sentiment. The Sensex and the Nifty, both, hit highest closing level in 2-1/2 weeks. IT and power stocks gained.

The market gained for the seventh straight day. The Sensex jumped 918.80 points or 2.8% in seven sessions, from a close of 32,760.44 on 15 November 2017.

The market opened higher and held firm in the positive terrain throughout the session.

The Sensex advanced 91.16 points or 0.27% to settle at 33,679.24, its highest closing level since 6 November 2017. The index gained 150.45 points, or 0.45%, at the day's high of 33,738.53. The index rose 51.90 points, or 0.15%, at the day's low of 33,639.98.

The Nifty 50 index rose 40.95 points or 0.4% to settle at 10,389.70, its highest closing level since 6 November 2017. The index gained 55.75 points, or 0.53%, at the day's high of 10,404.50. The index rose 13.50 points, or 0.13%, at the day's low of 10,362.25.

The S&P BSE Mid-Cap index rose 0.58%. The S&P BSE Small-Cap index advanced 0.45%. Both these indices outperformed the Sensex.

The breadth indicating the health of the market, was positive. On BSE, 1,551 shares rose and 1,225 shares declined. A total of 159 shares were unchanged.

The total turnover on BSE amounted to Rs 4485.71 crore, slightly higher than turnover of Rs 4422.42 crore registered during the previous trading session.

On the macro front, the Government of India promulgated yesterday, 23 November 2017, the ordinance to amend the Insolvency and Bankruptcy Code, 2016. Earlier, the President of India had given his assent to the ordinance to amend the code.

The ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the code. The amendments aim to keep-out such persons who have wilfully defaulted, are associated with non-performing assets, or are habitually non-compliant and, therefore, are likely to be a risk to successful resolution of insolvency of a company.

In addition to putting in place restrictions for such persons to participate in the resolution or liquidation process, the amendment also provides such check by specifying that the committee of creditors ensure the viability and feasibility of the resolution plan before approving it. The Insolvency and Bankruptcy Board of India (IBBI) has also been given additional powers.

Meanwhile, the Cabinet Committee on Parliamentary Affairs today, 24 November 2017, recommended that the winter session of Parliament be held from 15 December 2017 to 5 January 2018. The ensuing winter session will have a total of 14 sittings over a duration of 22 days. Three bills are to be taken up in the coming winter session to replace three ordinances namely, the Goods & Services Tax (Compensation to States) Ordinance, 2017 (promulgated on 2 September 17); Insolvency & Bankruptcy Code (Amendment) Ordinance, 2017 and Indian Forest (Amendment) Ordinance, 2017.

Overseas, European stocks edged higher in sluggish post-Thanksgiving trading. Asian stocks gained after volatile trade. Japanese manufacturing activity expanded at the fastest pace in more than three years in November, a preliminary survey showed. The Markit/Nikkei Japan Manufacturing flash Purchasing Managers Index (PMI) rose to 53.8 in November on a seasonally adjusted basis from a final reading of 52.8 in October.

For complete guidance on stock market, you can either join my Premium Service or you can trade through my recommended brokerage house: BMA Wealth Creators Ltd, with a minimum portfolio size of Rs.1 lakh.

A2Z Infrastructure Ltd recommended yesterday reached its 2nd  target of Rs.42, as it made an intraday high of Rs.43.70. Those who are still holding some quantity of the shares, are requested to hold the same, with a SL at Rs.41.

Suzlon Energy Ltd recommended around Rs.13.50-14, today gave a break out on daily charts and is heading towards Rs.17-17.50 mark in the coming days. The company's fundamentals have improved a bit and a spike of crude oil prices is likely to give a forward kick to the shares of Energy Companies. Accumulate the scrip on intraday declines.

Jai Balaji Industries Ltd (Rs.13.80) today closed with slight gain in the NSE as the Steel Minister Chaudhary Birender Singh, assured of all possible support to secondary steel sector, which uses eco-friendly electric furnace to produce the commodity. Regarding, shortage of scrap which is required for making steel through electric furnace route and Duty on import of the commodity, Mr.Singh said that his ministry will take steps to address all issues of the sector which has the potential to create employment for 3 crore people.
Being an Integrated Steel Plant Jai Balaji Industries Ltd has both Blast Furnace and Electric Arc Furnace facilities. Moreover, as an integrated steel manufacturer its operations are sufficiently flexible to enable it to alter its product mix and position in order to minimize adverse effects in its business; in the highly cyclical steel industry. Besides, the government is also pushing investment through sectors like housing and railways, which will help boost demand for steel. 

This week, the NDA government through an amendment to the Insolvency and Bankruptcy Code, essentially barred a majority of the defaulting promoters from buying back their assets. However, if promoters can regularise the account by paying the overdue amount before the resolution process begins, they may be able participate in the bidding process. The steel assets are being bid out at a time when the steel price cycle has turned. While economic growth isn’t at its peak, it is expected to pick up from here.If at this stage in the cycle, a steel asset comes up for bidding, investors will probably not look away. Indeed that appears to be the case. As BloombergQuint has reported, both international and domestic steel firms have expressed interest in the steel assets that are being resolved through insolvency. 

Meanwhile, belying the earlier apprehension, the alloy and SS industry has started looking up. A part of it may be due to a mid-year revision of the availability figures in the official statistics that has made the finished steel availability in this segment to grow by 15.5% in October 2017 itself and by 14.5% during the first 7 months of the current fiscal. As a result, the apparent steel consumption in the country is maintaining its average growth rate of 4.5% in April-October period. Whatever may be the explanation, it looks pretty odd that during the last month, while consumption of non-alloy steel grew by 3.7% only, the alloy and SS consumption went up by a hefty 22.1%.
Raw materials consumed by the Jai Balaji Group includes: coking coal, non-coking coal, iron ore, scrap metal, manganese ore, high manganese slag, quartzite and dolomite among others. Steel Secretary Aruna Sharma recently informed the members of the industry that the duty on nickel has already been removed and the ministry has requested the Revenue Department to remove the duty on ferro-nickel and stainless steel scrap.

The shares of Reliance Communications Ltd today tanked to Rs.13.55, after a sell on rise call was suggested in this blog yesterday. 

~~ Powered by Capital Market - Live News

Market Pulse

Today the S&P BSE Mid-Cap index rose 0.33%. The S&P BSE Small-Cap index advanced 0.37%. Both these indices outperformed the Sensex. The Sensex is now trading at  33,689.44 up 101.36  points (+0.30%) and Nifty is now at 10,387.20 up 38.45 points (+0.37%).

The breadth, indicating the overall health of the market, was strong, till writing this report. On BSE, 976 shares rose and 448 shares declined. A total of 50 shares were unchanged.

Reliance Industries gained 0.89% after Reliance Marcellus II, LLC, a subsidiary of Reliance Holding USA, Inc., and Reliance Industries announced the closing of recently announced sale of its interest in certain upstream assets; which were operated by Carrizo Oil & Gas, Inc to BKV Chelsea LLC, an affiliate of Kalnin Ventures.

On the macro front, the Government of India promulgated yesterday, 23 November 2017, the ordinance to amend the Insolvency and Bankruptcy Code, 2016 (the Code). Earlier the President of India had given his assent to the ordinance to amend the code.

The ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable persons from misusing or vitiating the provisions of the code. The amendments aim to keep-out such persons who have wilfully defaulted, are associated with non-performing assets, or are habitually non-compliant and, therefore, are likely to be a risk to successful resolution of insolvency of a company.

In addition to putting in place restrictions for such persons to participate in the resolution or liquidation process, the amendment also provides such check by specifying that the committee of creditors ensure the viability and feasibility of the resolution plan before approving it. The Insolvency and Bankruptcy Board of India (IBBI) has also been given additional powers.

Overseas, Asian stocks were mixed while investors viewed Chinese shares with caution after their big fall the previous day. Japanese manufacturing activity expanded at the fastest pace in more than three years in November, a preliminary survey showed. The Markit/Nikkei Japan Manufacturing flash Purchasing Managers Index (PMI) rose to 53.8 in November on a seasonally adjusted basis from a final reading of 52.8 in October.

US stock markets remained closed yesterday, 23 November 2017 on account of Thanksgiving holiday.

#The 1st target of A2Z Infrastructure Ltd has been reached as the stock touched Rs.41.40, intraday. Those who have not booked intra-day profit yesterday, are suggested to book some profit and keep holding the rest with a SL of Rs.37, for the next target of Rs.42.

#Shilpi Cable Technologies Ltd recommended some days back around Rs..14.45, is up ~2% today and is now trading at around Rs.15. The investors are suggested to accumulate the scrip on all declines.

#BF Utility Ltd (Rs.521.40) which was recommended around Rs.129--130, fell from around Rs.149 yesterday, after profit booking was suggested in the counter. The investors are suggested to hold the stock with a SL of Rs.111.

#TVS Motors (CMP: Rs.740) was recommended to buy on declines at around Rs.731-732 with a target of Rs.746-752. It reached Rs.730.50 intra-day, after recommendation. Hope you have entered the scrip. Yesterday Full Intraday profit at Rs.737.40 was suggested. The stock touched an intraday high of Rs.743.95 today, which is very near the short term target of Rs.746. The investors can hold the scrip with appropriate stop losses, if they are not willing to book profit at the current market price; however raise the SL to Rs.737 today.

For complete guidance on stock market, you can either join my Premium Service or you can trade through my recommended brokerage house: BMA Wealth Creators Ltd, with a minimum portfolio size of Rs.1 lakh.

Today's Calls:

1. Buy Suzlon Energy Ltd at around Rs.13.90 - 14, for targets of Rs.17-17.5, in the short term. U.S. crude hit a two-year high in thin trade on Thursday as the shutdown of a major crude pipeline from Canada and a draw on fuel inventories pointed to a tightening market, despite rising output from U.S. producers. This is likely to give an upward kick to all the energy stocks in the near term.
Suzlon Energy, promoted by Tulsi Tanti, is a fully integrated wind power solutions provider. It provides services such as wind resource mapping, land and infrastructure development, creation of power evacuation facilities, component manufacturing, and wind turbine installation in both domestic and international markets.

Suzlon Energy also undertakes the manufacturing and machining of large forging and casting products through its various subsidiaries.

Suzlon Energy entered a corporate debt restructuring (CDR) exercise in 2013 after defaulting on foreign currency convertible debt (FCCB) repayments in 2012 as overall debt peaked close to Rs12,000 crore. The firm had debt of Rs6,198 crore in FY17.

The company has since then tried to cut debt by monetizing assets. In 2015, Suzlon sold its German subsidiary REpower Systems (now known as Senvion) to US private equity firm Centrebridge for Euro 1 billion (about Rs7,000 crore). The sale was followed by an investment of Rs1,800 crore in Suzlon Energy by Sun Pharmaceutical Industries Ltd chairman Dilip Shanghvi and his family for a 23% stake. According to recent report by credit rating agency Care Ratings, the financial position of Suzlon Energy has improved.

2.  Intraday SELL NIIT Tech at around Rs.662, SL: Rs.668,  T: Rs.655-650.

3. Buy (T+2) Hindustan Petroleum Corporation Ltd at around Rs.429, SL: Rs.418, T: Rs.445.

4. Intraday SHORT NICKEL at around Rs.777, SL above Rs.787, T: Rs.765.

~~ with inputs from Capital Market - Live News

Market Pulse

The Key indices trading with tiny gains in morning trade. The BSE  Sensex is now trading at 33,579.66 up 18.11 points (+0.05%), while the NSE  is now trading at 10,351.75 up 9.45 (+0.09%) points amid mixed Asian cues.

On the macro front, in order to review the Income-tax Act, 1961 (the Act) and to draft a new Direct Tax Law in consonance with economic needs of the country, the Government yesterday, 22 November 2017, has constituted a task force with Arbind Modi, Member (Legislation), CBDT-Convener. Dr. Arvind Subramanian, Chief Economic Adviser (CEA) will be a permanent special invitee in the task force. The terms of reference of the task force is to draft an appropriate Direct Tax Legislation keeping in view; the direct tax system prevalent in various countries, the international best practices, the economic needs of the country and any other matter connected thereto.

Overseas, Asian stocks were mixed. In US, the S&P 500 index and the Dow Jones Industrials Average ended slightly lower yesterday, 22 November 2017, maintaining a soft tone after the Federal Reserve minutes indicated that an interest-rate hike is likely but the pace of future tightening could be more moderate than expected given muted inflation. The Nasdaq Composite Index bucked the broader trend to finish at a record, logging its third gain in a row.

The Fed viewed a “near-term” increase in interest rates as possible but central bank officials also expressed concerns about persistently low inflation, hinting that the bank may dial back its rate increases in 2018. The minutes also showed that several members worried that keeping interest rates too low could create a financial bubble.

US durable-goods orders fell 1.2% in October. Excluding transportation orders increased 0.4%. Initial jobless claims a tool to measure US layoffs, fell by 13,000 to 239,000 in the week ended 18 November. The University of Michigan's latest read on consumer sentiment came in at 98.5, topping expectations.

#Today RCom Ltd touched Rs.14.10, intra-day, which is an excellent opportunity to exit the counter. I still maintain sell on rise strategy on Reliance Communications Ltd, with no visible sign of takeover by the giants in the industry, at least in the short term.

#Today Jai Balaji Industries Ltd touched Rs.14.25. It is now a takeover candidate, after Bhusan Steel Ltd (Rs.74). I am looking for a medium term target of Rs.31-32, as the steel sector gathers momentum.

#B F Utilities Ltd today touched Rs.546,95, intra-day. You can book 75% of profits and hold the rest with a SL of Rs.522. The stock has a strong resistance around Rs.545-553 band.

#SKM Egg Products Ltd today touched Rs.106.45 and is now trading at around Rs.102.40. You can keep holding as long as Rs.96 is not broken on the downside. The egg prices have maintained their uptrend, and this positive effect will be seen in Q3FY18 results.

#Gitanjali Gems Ltd recommended around Rs.66-67, last month today touched Rs.86.45 and is now trading near the days high. You can hold the stock, with a SL of Rs.81, for targets of Rs.87-91. 3rd and 4th targets of Rs.87 & Rs.91 respectively, has been achieved in case of Gitanjali Gems Ltd as it made an Intraday high: of Rs.92.35. Book complete profit and wait for dips  to enter again.

#Yesterday, a buy call was given on Shilpi Cable Technologies Ltd (Rs.14.90) at around Rs.14.45, mentioning that the correction might be over. Today the stock touched Rs.15.15, intra-day. You can still add on declines with short term targets of Rs.17-19.

Today's Calls:

1. Buy GSFC Futures on declines around Rs.142- 142.50, SL below Rs.139.50, T: Rs.146. Book Profit around Rs.144.

2. TATA ELXSI recommended yesterday around Rs.947 has touched Rs.965 -- Book Part Profit.

3. Buy Chennai Petro around Rs.426, SL: Rs.417, T: Rs.441 on T+2 basis.

4. Buy A2Z Infrastructure Ltd at around Rs.37.50-38, for short term targets of Rs.41-42. Book Partial Profits at around Rs.39.50 and hold the rest with a SL of Rs.37.

5. Intraday SHORT COPPER at around Rs.448.80, SL above Rs.451,  T: Rs.445.30 [Risky Call].  Book Partial Profit in Intra-day SELL call on Copper, CMP 447.20. Trailing SL above Rs.448.80.

6. Buy TVS Motors (CMP: Rs.734.55) on declines around Rs.731-732, SL below Rs.723, T: Rs.746-752. It reached Rs.730.50 intra-day, after recommendation. Hope you have entered the scrip. Book Full Intraday profit at Rs.737.40.

7.  BTST/T+1: Buy ZEE Limted at around Rs.564.50, SL: Rs.554, T: Rs.578-584.

-- with inputs from Capital Market - Live News

WINNING STROKES: THINK DIFFERENT

Today, one of my recommended counters A2Z Infrastructure Ltd at around Rs.37-38, to the Premium Group members, touched Rs.43.30, during the intra-day; before closing at Rs.41.95. The name of the stock was not disclosed in this blog, but was mentioned, as a scrip of price Rs.37-38.

Unitech Ltd today touched Rs.6.85, before closing at Rs.6.75.  The stock will touch Rs.8-9, this time, unless the mid and small cap rally fizzles out. Meanwhile DLF Ltd is doing excellently well having crossed Rs.200, with full power and is now trading at around Rs.207.85. HDIL today touched Rs.61.2, before closing at Rs.58.85. I am looking at targets of Rs.71-72, for the HDIL and Rs.217 for DLF Ltd.

Gammon India Ltd today closed at Rs.7.70, up 4.05%. Slowly the steam will pick up in Gammon Infrastructure Ltd (Rs.3.20) too and both are likely to cross Rs.10 in style.
There were earlier media inputs that Gammon Infrastructure India had worked on laying a four-lane road for Phase III of the IT Park in Panchkula.
The Mutual Funds hold 12.45% while the FPIs hold 5.39% of the shares of the company respectively. Among the Mutual Funds HDFC Trustee Company Limited - HDFC Equity Fund holds 8.82%, while ICICI Prudential Infrastrucutre holds 2.61%.

Among the FPIs, HSBC Global Investment Funds - Indian Equity holds 1.51% while Eastspring Investments India Infrastructure Equity Open Limited holds 1.17% of the shares of the company. It is your mere luck that you are getting the shares of both the construction companies at below Rs.10. You should accumulate the scrip of Gammon Infrastructure Ltd, without fail on all declines.

Kopran Ltd, which was recommended as a Free Call in this blog some days back, today touched Rs.74.40, before closing at Rs.72.45. You can keep holding with the targets of Rs.77-81, which I feel is likely to be achieved by next week. I am expecting the pharma rally to continue for some more time.

I am giving another Fee Call, for regular blog readers: Buy Mandhana Industries Ltd at Rs.7.7 for targets of Rs.11-13. Manish Mandhana, a third-generation entrepreneur, is perhaps best known for his leadership of the Being Human clothing brand, which he launched in 2012 in association with Bollywood icon Salman Khan and his charity ‘Being Human – The Salman Khan Foundation’. In just two years since its launch, Being Human — a brand where charity and cutting edge fashion have a symbiotic relationship — has already seen successful international launches in France, Spain, Belgium, UAE, Egypt, Bahrain, Saudi Arabia, Oman, Kuwait, Jordan, Lebanon, Qatar, Nepal and India. Its European distribution is set up in Bordeaux, France and services over 120 selling points across Europe.
Mandhana Industries Ltd has the global license to design, market and distribute the Being Human clothing brand. In India, the brand retails across 200 selling points comprising exclusive brand outlets, shop-in-shops and e-commerce verticals.

I will be recommending a Super Premium Scrip on Monday. Those who want to get the name of the scrip either by subscribing to the service or by joining my associated brokerage house,  can send in their requests at: suman2005s@rediffmail.com or sumanm2007s@gmail.com. Please avoid sending me time-pass mails...

MARKET MANTRA

Land Bank of Anant Raj Industries Ltd

A2Z Infra Engineering Limited hit the upper circuits at Rs.20.90 in the BSE. The scrip if you remember was recommended as a speculative buy at around Rs.16.40, couple of weeks back. The scrip touched all its short term targets. 

ARSS Infrastructure Projects Ltd today touched Rs.53.25 in the NSE and is now trading at around Rs.50.55. The scrip was repeatedly recommended in this blog, as a must buy. I hope most of you have made money today. Book some profits in the counter. 

A buy call was initiated today in Anant Raj Ltd (formerly Anand Raj Industries Ltd) at Rs.47.55, for  a short term target of Rs.56. I have placed a brief report on the company at: http://sumanspeaksplus.blogspot.com.
Today HDIL touched its short term target of Rs.72, as it hit Rs.72.45, intra-day. However, those who are holding can continue to do the same for the next target of Rs.84. Keep a SL of Rs.71.40, for any short term trade. 
My recommended Pipavav Defence Ltd today again touched Rs.47.20 and is now trading at around Rs.45.50. The traders are suggested to book short term profit in the counter and shift to any real estate / construction stock. 
PVP Ventures Ltd today touched Rs.8.90, intra-day and is now trading at Rs.8.35, above its strong support of Rs.8.20. This is another scrip which is also expected to give decent returns over a period. 
The Nifty is  now down by 6.35 points while the mid-cap index is up by 34.80 points--this points towards towards the general of the market. Therefore, while the Nifty is expected to trade range-bound most of the actions would be seen in the small and mid-cap space. The traders and investors are suggested to buy good stocks in the small and mid-cap space and keep holding with strict stop losses. 

WINNING STROKES: THINK DIFFERENT

Today HDIL moved to Rs.71.45 in the BSE before closing above the break-out point. The scrip rose today due to twin reasons: (i)  the Bombay High Court staying a lower court order asking police to conduct a probe against the company with regard to alleged irregularities in a slum rehabilitation authority (SRA) project and (ii) anticipation of an early rate cut by the RBI in view of the fall in the CRUDE OIL prices. The company’s current debt on a consolidated basis stands at Rs.3,400 crore, which is being serviced regularly. Earlier in an interview to a business channel, Sarang Wadhawan, vice chairman & managing director, HDIL said that the management hopes to cut down the debt of the company by 25 percent to Rs.2300 crore by March next year. He further added that Maharashtra government's move to increase FSI on affordable housing is a big positive for the company. HDIL is one of the largest land bank owners in the Mumbai Metropolitan Region (MMR) region. This policy of affordable housing is aimed at providing free of cost affordable housing to the government in lieu of additional FSI. This additional FSI has moved on from one to three. However, out of that component 2.25 goes towards the residential segment and 0.75 goes towards the affordable housing segment. It is a big increase in the MMR region because most of the other undeveloped areas around Mumbai, they were lacking in FSI. There the FSI was restricted in those areas. It is a good policy for HDIL primarily because a couple of its projects in Vasai, Virar where its component was about 50 million square feet of affordable housing has moved up to about 75 million square feet. It will be one of the largest affordable housing township projects in India. The scrip which has a book value of Rs.248.81 and P/E of only 9.81 against the Industry P/E of 26.59,  is expected to cross Rs.100, within the next couple of months. 
My recently recommended A2Z Maintenance Engineering Services Ltd today hit the UPPER CIRCUITS in the BSE and closed at Rs.18.55 today, thus achieving the first target of Rs.18. Join the Paid Service or trade through my recommended brokerage house/s, to make most from this bull market.
Jaiprakash Power Ventures Ltd today moved to Rs.12.29 before closing at Rs.12.09. The the debt of the Jaypee group will come down substantially in the following quarters, after the company decided to divest around Rs.20, 000 crores of its assets. On a closer analysis, one can notice that the deals made by Jaypee Group (JSW-Jaiprakash, etc) were just liability transfer from one balance sheet to another. The book value of the shares of the company is Rs.21.54.
ARSS Infrastructure Projects Ltd today moved to Rs.38.50 before closing at Rs.37.35, up 3.61 per cent. With the improvement of health of the Indian Railways and the government of India taking a number of steps to shore up the construction sector, the scrip is all set to cross Rs.50, within a short time----accumulate it on all declines.
Sudar Industries Ltd, recommended in this blog, yesterday at Rs.37.95, today touched Rs.39.90 intra-day before closing at Rs.38.25.