@visuarchie whats your exit strategy for equities in terms of Profit booking?
EFC – Entrepreneurial Facilitation Centre (27-10-2024)
Yeah. Looks odd. Need to dig deeper.
Indian Energy Exchange (IEX) (27-10-2024)
Here is the recording intimation and link to file. regards.
IEX_25102024215401_Signed_IEX_Intimation_Audio_Recording_Earning_Call_Q2_Sep24.pdf (249.1 KB)
Tech Mahindra – It was Satyam Once Upon! (27-10-2024)
Tech Mahindra’s Q2FY25 results are showing strong momentum, with a notable 153% YoY increase in net profit and solid revenue growth, thanks in part to Project Fortius and effective cost measures. While I see potential upside in the upcoming quarters as Project Fortius progresses, given the current stock valuation at 24x September 2026 EPS and recent sell-offs in Indian markets, I’m holding off on buying just yet. Ideally, I’d wait for a 5-10% dip in the stock price or look for positive signs in telecom discretionary spending, BFSI expansion, and updates on margin improvements through Project Fortius before considering a position.
Actor Mithun Chakraborty claims Bengal’s throne will be BJP’s after 2026 assembly polls (27-10-2024)
Actor Mithun Chakraborty announced that BJP aims to secure the West Bengal assembly throne in 2026, promising unwavering efforts. He expressed disappointment over BJP’s reduced Lok Sabha seats in 2024 and urged booth-level workers to ensure voter participation and resist intimidation attempts.
Tata Motors – DVR (27-10-2024)
I believe a lot of this has already been factored into Tata Motors’ valuation. It’s trading close to its all-time low PE. If the sales pick up in the coming years, the stock should get re-rated quickly.
JLR has been transparent about expected muted demand and some supply chain issues, but they’re still aiming for an 8.5%+ EBIT margin for FY2025. Also, Tata Motors market share in domestic PV market has improved from 5% in FY20 to 13.3 % in H1FY25
Ahead of Market: 10 things that will decide D-Street action on Monday (27-10-2024)
The Nifty formed a long bearish candle, indicating ongoing pressure. A minor pullback or sideways consolidation may occur in the next one to two days. Support is at 24,100 and 24,000, while immediate resistance is at 24,450–500, with crucial resistance at 24,700–750. Open interest data shows the highest call OI at 24,400 and 24,300, with put OI at 24,200.