Omprakash Jha’s Post

Exide Industries Limited witnessed volatile trading after a surge post-release of Q4 results, showing a 36.5% increase in standalone net profit and a 13% growth in revenue. Riyank Arora, Technical Analyst at Mehta Equities Limited said "The stock is experiencing continuous selling pressure from its higher levels of 480-485 zone and witnessing profit booking at those levels. With the stock having risen close to 50% in the last month, the RSI (14) on daily charts indicates slightly overbought conditions. Any movement above 490 should propel the stock towards 520 – 550. However, at present levels, it appears to be a tough breakout. We advise investors to maintain their positions with a trailing stop loss at the 450 mark." Story by - Utkarsh Roshan Benzinga India #TechnicalAnalysis #Stockmarkets #Newsupdates #Benzinga #Mehtaequities #FortunaPR

Today it’s hard for investors to believe what Hindenburg says. But market had reacted in the past i.e. at the time when it first targeted Adani in January 2023. But why did the investors give so much importance to this research firm which was just 6 years old then? The answer lies in the below table where it can be seen that the companies Hindenburg targeted before saw decrease in their stock prices gradually which never recovered after that. Even Lordstown motors was near to bankruptcy before the reorganization happened and probably others are just on survival mode having eroded their market capitalization by 80-100%. One can say that these companies were indeed fundamentally weak. And that’s why when it came over Adani last year, market reacted exactly according to the pattern but the case with Adani is different. Despite the initial turmoil, Adani stocks have not only recovered but some have surged over 200% since the report. Hope as far as India is concerned, this research firm is proven wrong this time as well and seems it is on the way. 

Should you buy Tata Chemicals for short-term? Why are Asian Paints, Tata Motors, GAIL (India) in focus today? Tune in for stock news update and top stock picks from our research desk. Watch ixigo IPO Review - https://lnkd.in/dwFSHGk3 Fundamental research reports here - https://lnkd.in/dGYjNKjr Short term calls reports - https://lnkd.in/d4x7cPzj Derivative calls report - https://lnkd.in/dDpbM2Mm For regular stock updates and market insights, follow us on - Telegram: https://lnkd.in/eVTNPU2 WhatsApp Channel: https://lnkd.in/dMF4WKbn Follow @kotaksecurities on all social media channels for information on the go. Source: Kotak Securities Research Desk Disclaimer: https://lnkd.in/dJuz2Sjb #KotakSecurities #KotakNeo #FundamentalCall #LongTermCall #ShortTermCall #MTF #PositionalCall #StocksInFocus #StockNews #StockUpdates #StockRecommendations #BUY #Invest #Investment #Trading #Target #StopLoss #TataChemicals #GAIL #TataMotors #AsianPaints #MutualFunds #Equity

Good Morning! Stocks in News! 📍 Hindalco Industries - US Subsidiary, Novelis Inc files to offer 4.5 crore shares for IPO with SEC, with a price band of $18 - $21. 📍IRCTC - Reported a 1.9 % y-o-y increase in net profit at ₹ 284.2 crore for Q4. Revenue up 19.7% to ₹ 1154.8 crore. 📍RIL - Signs a one year deal with Rosneft of Russia for purchase of 3 million barrels of oil every month in Roubles. 📍Grasim Industries - Promoter Birla Group has increased stake in Grasim Industries from erstwhile 19.10% to 23.18% 📍Amara Raja Energy - Reported 61.4% y-o-y increase in net profit at ₹ 229.8 crore for Q4. Revenue up 19.5% y-o-y to ₹ 2908 crore. 📍NBCC India - Revenue up 43.1% y-o-y to ₹ 4025 crore for Q4. Net profit up 24.5% y-o-y to ₹ 141 crore 📍 Jagran Prakashan - Reported a 74.1% fall in profit at ₹ 6 crore Revenue up 10.9% at ₹ 509.6 crore. : As per leading news sources CA Pratiksha Pai Sanketh Nayak

Only put off until tomorrow what you are willing to die having left undone Why Insteel (IIIN) Shares Are Getting Obliterated Today Summary: Insteel Industries (IIIN) shares are witnessing a significant decline today, causing concern among investors. The stock has experienced a sharp drop in value, leading to losses for shareholders. Investors need to understand the reasons behind this decline and take appropriate action to safeguard their investments. Headings: 1. Understanding the Reasons behind the Decline 2. Taking Action to Protect Your Investments 3. Don't Miss Out on Opportunities - Act Now! Why Insteel (IIIN) Shares Are Getting Obliterated Today The share price of Insteel Industries (IIIN) is facing a significant decline today, causing alarm bells to ring among investors. It is vital to delve into the factors contributing to this downturn and determine an appropriate course of action. Insteel Industries, a prominent company in the steel industry, has experienced a substantial drop in its stock value. This decline can be attributed to various market dynamics such as economic conditions, industry trends, or company-specific developments. To ensure the protection of your investments, it becomes crucial to assess these factors and respond accordingly. Taking Action to Protect Your Investments As an investor, you have the power to navigate through challenging market situations intelligently. Stay informed about the latest news, market trends, and industry insights. Conduct thorough research to identify potential catalysts that might affect Insteel Industries and its stock performance. Diversification is key to managing risk effectively. Consider allocating your funds across a range of well-performing companies within different sectors. This strategy can help you mitigate the impact of any individual stock's decline. Don't Miss Out on Opportunities - Act Now! It is essential to stay proactive and make informed decisions. Take advantage of the current situation by seeking potential investment opportunities or adjusting your portfolio accordingly. By acting decisively, you can seize the moment and avoid the Fear of Missing Out (#FOMO). Remember, your Health Savings Account (HSA) can be an excellent tool for investing in healthcare-related companies like Insteel Industries. Capitalize on the opportunity to grow your HSA while contributing to the overall health and well-being of your family. #hsa #investing #healthcare #health #family #wellness 📈💪👨👩👧👦✨

Interesting Pic for the day : Result Season gathering steam during the week with total 65 out of BSE 500 companies had declared number for Quarter Ending June 2024. Aggregate topline growth is around 11% and PAT growth is around 4%. Banks have reported healthy topline and bottom line numbers . In Auto - the margin expansion is either getting moderated or declined reflecting the best of margin expansion in most of the auto stock should be behind Few chemical companies started reported decent set of topline growth , Cement broadly muted topline growth . Capital market business did extremely well reflected both in wealth management like Anand Rathi and Asset management company . IT is mixed bag with few small and midcap had shown healthy double digit and large IT names reported in lower single digit growth but exceeded expectation in few cases led to sharp price increase in last few days. Since we had significant margin expansion during last Financial year - Topline growth of the corporates is going to drive the EPS growth and we will continue to monitor to look for emerging opportunity which can grow faster than preceding few years . Happy Investing !!! #Results #Corporate #Opportunity.

Asian Paints, once a Baap (Buy At Any Price) darling, faces stiff competition and valuation pressures. With rising entrants and capacity doubling by FY27, its moat and growth are under scrutiny. Should investors hold or should they buy more? Is this a generational opportunity to own one of the best Indian businesses ever? #SmartStocks https://lnkd.in/gTfCak9K

Reliance Spinning Mills made optimistic earnings projections in its prospectus published on January 22nd, but they now appear unrealistic. The company forecasted EPS of NPR 32.90 for FY 2080/81, yet its Q3 FY 2080/81 annualized EPS is just NPR 2.05, suggesting it cannot hit that mark. The company has set a historic offering price of NPR 820.8 per share. Yet its book value per share was only NPR 179.45 in FY 2079/80 despite the fact that it is a capital-intensive company https://lnkd.in/eEru_MU7 Image: Golyan Group

Asian Paints shares tumble 4% as Q1FY25 net profit declines by 25% to Rs 1,170 crore. With current prices at Rs 2,842, investors should carefully evaluate before considering a buy. #AsianPaints #StockMarket #Investment #StockMarket #Growth #ThursdayMotivation #Nifty #Sensex #Bloomberg

New Post: Adani Group Stocks: Tremendous rise in all shares of Adani Group, Adani Power jumped more than 11% - https://lnkd.in/eGiDDTVz New Delhi: Adani Group Stocks are showing strength in today's trading. Today i.e. on January 19, all the shares of Adani Group are open on the green mark. Among these, Adani Power Share Price showed the biggest rise. This stock has jumped more than 11% today. At 10:08 am this share was trading at Rs 503.48 with a gain of 11.80%.In early trade, Adani Energy Solutions registered a rise of 7 percent and Adani Green Energy also registered a rise of more than 8 percent.Market cap crosses Rs 11.9 lakh crore Adani Group companies have shown tremendous growth and have taken their total market cap beyond Rs 11.9 lakh crore. Group companies added a market cap of Rs 47,000 crore in early trading.At 9.30 am, flagship company Adani Enterprises reached ₹ 2,290.75 with a gain of 2.95%. Adani Power also achieved the level of ₹481.50 with a big gain of 7.02%. Whereas Adani Green Energy touched the figure of ₹ 939.75 with a rise of 5.62%.Whereas Adani Energy Solutions was at the level of ₹ 725.35 with a gain of 5.31%. Among other Adani Group shares, Adani Ports was trading at ₹1,099.30 with a gain of 3.06%.Apart from this, ACC Cement also traded at ₹1,898.75 with a gain of 2.11%. Ambuja Cements was trading with a gain of 2% and NDTV was trading with a gain of 3%.(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.) Source link