⚡️ Sahyadri Industries , recommended by Money Times 4 months back at Rs. 215 has jumped to Rs. 770 plus
⚡️ Rama Phosphates recommended by Money Times around Rs. 95 four months back and again around Rs.150 three months back now quotes over Rs. 400.
⚡️ In spite of writing off NPAs of Rs. 3100 cr., HDFC Bank posted a better Q1FY22 as the EPS stood at Rs. 14.4 v/s Rs. 12.60 last year. The share must be retained. Hold.
⚡️ Tata Motors plans to raise Rs. 500 cr. through NCDs on a private placement basis. As the Company has a neutral outlook, it would be wise to remain away for some time.
⚡️ Asian Paints has once again posted excellent Q1 results with NP rising 161% to Rs. 574.30 cr. Accumulate in small quantities.
⚡️ A veteran market man recommends to buy Ajanta Soya, Birla Corporation, Godavari Drugs, Herenba Industries, IOL Chemicals, Lasa Supergenerics, Pennar Industries, Reliance Chemotex cum 20% dividend, Rico Auto, SNL Bearings cum 45% dividend, Shankara Building Products and VIP Clothing.
⚡️ High trading volumes of shares has boosted the profitability of ICICI Securities. It posted NP of Rs. 3107.2 cr. on its equity capital of Rs. 1612.8 cr. The EPS on its Rs. 5 paid-up share amounts to Rs. 9.64 v/s Rs. 5.99 last year. Add.
⚡️ Bajaj Finance’s Q1 consolidated profit rose 4% to Rs. 1002 cr. It has managed to perform better in spite of Covid conditions. A good long-term bet.
⚡️ Higher claims and provisions dragged NP of ICICI Prudential into the negative zone by Rs. 186 cr. against last year’s profit of Rs. 286 cr. Its premium collection for April-June 21 is higher by about 19%. The share may be retained.
⚡️ Some analysts feel that the pent up demand will boost the demand for tiles in the next few quarters. Buy Kajaria Cermics, Somany Ceramics and Cera Sanitaryware.
⚡️ Alok Industries now under the Reliance management continues to remain in the red. Sell before its price plunges.
⚡️ SEBI and DRI are reportedly probing the Adani group deals. It would be prudent to sell Adani Port, Adani Transmission, and Adani Green.
⚡️ Supreme Petrochem posted Q1FY22 EPS of Rs. 15.46 v/s a negative EPS of Rs. 1.24 in Q1FY21. Current years is expected to be good. Add.
⚡️ As per reports, local procurement for Defence is likely to rise 6% this year. Add HAL, MTAR Tech and Bharat Dynamics.
⚡️ Wipro to invest about $ 1 bn. on its Cloud capabilities. This is one of the most reasonably priced IT share. Add.
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