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WEEKLY UPDATE 22.08.2021

  ⚡️ Graphite India has expanded the capacity of its Chittoor plant by 10200 TPA by internal accruals on hopes of earning Rs. 150 cr. additional revenue per year. Buy this lithium-ion battery recycling share immediately for big gains.      


⚡️ Grasim’s Q1 zoomed four-fold to Rs. 2447 cr. The roaring results were due to improved workings of all the divisions. A very good long term investment.      


⚡️ Spice Jet Q1 net loss widened to Rs. 729 cr. v/s Rs. 593 cr. in the corresponding previous quarter. Stay away.      


⚡️ Reliance Jio is reportedly close to a Rs. 1005 cr. pact with Airtel to acquire the right to use its 800 MHz spectrum in three cities. Add Reliance Industries.      


⚡️ A veteran marketman believes that its time to reshuffle one’s portfolio and focus on only selected growth stocks available at attractive valuations. He recommends to buy Ajanta Soya, Amarjothi Spinning cum 21% dividend, Asian Energy, Foods & Inns cum 20% dividend, Godavari Drugs, Hindustan Tin Works cum 12% dividend, Jaysynth Dyestuff (India) cum 20% dividend, KPI Global, Panchsheel Organics, Rana Sugars, Ram Ratna Wires cum 20% dividend and Rubfila International.      


⚡️ India’s largest two-wheeler company, Hero MotoCorp, plans to launch its first e-bike by March 2022. A big positive. Add.      


⚡️ IGL stunned the market with an eight-fold jump in Q1FY22 profit to Rs. 277 cr. It is the largest CNG distributor operating across 27 districts across UP, Haryana, Rajasthan and Delhi. Buy.      


⚡️ Cosmo Films is spreading its wings in Specialty chemicals and masterbatches, FMGC products and the Pet care industry. The Company has a bright future. A big buy call.      


⚡️ Textile major, Himatsingka, managed to post Q1FY22 EPS of Rs. 5.86 v/s negative EPS of Rs. 14.20 in Q1FY21. Add in small quantities.      


⚡️ Guj Fluorochemicals doubled its Q1 NP to Rs. 151.16 cr. from Rs. 70.19 cr. in Q120. The EPS of Rs. 13.76 in a single quarter v/s yearly negative EPS of Rs. 20.17 in FY21, merits a buy.      


⚡️ Tanfac Industries delivered fantastic Q1 results with profits at Rs. 21.24 cr v/s Rs. 2.56 cr. in Q1FY21. An EPS of Rs. 21.29 in a single quarter merits a buying.      


⚡️ Sugar cos. are on a roll. EID Parry posted Q1FY22 profit of Rs. 132.61 cr. v/s Rs. 29.33 cr. in Q1FY21. Its EPS has jumped from Rs. 1.66 to Rs. 7.47. Merits a Buy.      


⚡️ Sobha’s Q1 PAT spurted 64% YoY to Rs 10.8 cr on 46% growth in sales to Rs. 512.3 cr. despite the adverse impact of Covid-19. The share may be retained for some time.      


⚡️ Hindustan Zinc’s interim dividend board meeting is deferred but commodity prices are likely to remain firm for some time. The drop in its share price is an opportunity to accumulate.      


⚡️ Steel Strip Wheels to split its share into a lower face value that will boost its liquidity. A small spike in the share price is possible.





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