shiva sharma

In share trading, there is no short path to success. What then is the key to success that we are seeking? The stock or your online stockbroker are not the key to your trading and investment success. Everything depends on you.

Always keep an ear to the ground.

• The stock market always has a tale to tell. Your first responsibility as a trader is to decipher market cues and execute trades accordingly.

• The trader must base his success on the truth rather than on conjecture. You must resist the urge to try to be a market contrarian as a trader.

When the market is bearish and you are bullish, the market is telling you that you have overlooked important elements. Pay heed to the message and adjust your position as necessary.

Complete Your Research

• Even a trader needs to be aware of the stock’s numerous characteristics, including company performance, the health of the balance sheet, the effect of news flow, technical charts, and more.

• You cannot comprehend signals or predict how the stock will respond to news and earnings flows without doing so. One of the fundamental rules in this situation is to begin modestly and then develop positions as your conviction grows.

Keep in mind that only a small percentage of trades result in earnings. Make them matter. Run your gains long enough and quickly cut your losses. Only thorough research into equities and markets can accomplish that.

Spread Out Your Trades Enough

Don’t risk all of your money on a small number of trades. Don’t try to concentrate all of your wealth on just one or two stocks, even if it is vital to keep your universe of stocks limited because that is the only way you can trade with insight.

• Your transactions will be vulnerable to interest rates if they are all focused on banks, NBFCs, automobiles, and real estate. All of your trading positions will be impacted if the RBI announces a raise in the repo rates, and losses may be greater than you had anticipated.

• To ensure that your trading book is not dependent on just one or two events, diversification in trading is a good idea.

Eliminating emotion from trading

Although traders frequently engage in various psychological exercises to numb their emotions, it takes hundreds of actual trades to completely numb those choices.

• Programs that analyze the market in real-time and inform traders when a stock exhibits particular patterns have just entered the market. These patterns indicate that the stock is a suitable candidate for a trade.

• Nevertheless, there is a shortcut that makes this procedure much simpler: using computer software to carry out the study and highlight important buy and sell spots.

CONCLUSION

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Shares of Tejas Networks increased today by 6.61% to Rs 869. Around 0.82 lakh Tejas shares changed hands at 11:08 am, generating a transaction of Rs 7 million on the BSE.

INTRODUCTION

Early trades today saw a surge of over 7% in Tejas Networks shares after the Tata Group company announced it had obtained a purchase order for equipment worth Rs 7,492 crore from Tata Consultancy Services, another Tata Group company.

• The stock has increased by 75.82% in a year and by 40.06% in 2023. The stock’s 52-week low was Rs 468 on August 16, 2022, and it reached a record high of Rs 893 on July 20, 2023.

• Tejas Networks’ one-year beta value is 1.1, which denotes strong volatility during the time frame. Shares of Tejas Networks are trading above their respective moving averages of five, twenty, fifty, one hundred, and two hundred days.

• Tejas announced that it has signed a master agreement with TCS for the provision of its Radio Access Network (RAN) equipment, as well as support and yearly maintenance services, for the BSNL pan-India 4G/5G network.

• Tejas would provide the necessary equipment for 100,000 sites as part of the TCS purchase order, which would be carried out between the years 2023 and 2024 and would cost Rs 7,492 crore (about $900 million), excluding GST.

CONCLUSION

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On Wednesday, shares of Hardwyn India reached an all-time high of 5% to Rs 40.99, commanding a market valuation of more than Rs 1,430 crore.

INTRODUCTION

As the firm released its financial results for the three months that ended on June 30, 2023, shares of Hardwyn India bounced back from the prior losses and reached an upper circuit of 5% during the trading session on Wednesday.

• In the same time a year prior, the company reported a net profit of around Rs 0.87 crore. Operating income totaled Rs 1.59 crore for the period.

• According to the company’s exchange report, net sales increased 6.85 percent during the quarter to Rs 27.3 crore from Rs 25.60 during the same period the prior financial year.

• The stock has increased by almost 200 percent from its 52-week lows and has gained approximately 7,000 percent over the past three years.

• In June of this year, shares of Hardwyn India began trading ex-split and ex-bonus. Hadwyn India announced the 1:10:3 subdivision of equity shares with the issuance of bonus shares.

Additionally, Hardwyn India had stated that in June 2023, the company would merge with its subsidiary, FIBA Hardwyn Locks. The planned merger will improve the businesses’ ability to concentrate, plan, and grow in order to maintain and boost their competitive power.

CONCLUSION

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According to Raymond, both in terms of sales and Ebitda, the first quarter’s performance was its best. Despite weak consumer demand, the company has maintained constant profitable growth, it claimed.

INTRODUCTION

In Friday’s trading, Raymond shares crossed the Rs 2,000 mark after the company reported that its profit more than doubled in the June quarter and that, as a result of the sale of its FMCG division, it had become net debt free.

According to Raymond, the company’s profit increased 13.14 times, from Rs 81 crore in the first quarter of last year to Rs 1,065 crore in the first quarter.

Despite weak consumer demand and difficult market conditions, the company “continues to demonstrate consistent profitable growth,” it stated.

In a typically difficult quarter, Raymond’s revenue was at its highest level ever and its Ebitda margin was robust at 13.8%.

• According to the corporation, a top line rise of 16% was made possible by its sustained emphasis on casualization and premiumization in the branded apparel market.

• “The real estate industry continues to see robust demand for its products, as evidenced by the July launch of a high-end residential project in Thane with an RERA carpet area of over 1 million square feet and a potential income of more than Rs 2,000 crore.

• According to Chairman and Managing Director Gautam Hari Singhania, Raymond experienced a historic first quarter in which it became net debt free following the sale of its FMCG division.

According to Raymond, there has been an increase in consumer demand for its most recent season’s offerings, which include novel products and giving ideas for the summer wedding season.

CONCLUSION

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Concord Biotech, a 1984-founded biopharma company focused on R&D, is one of the world’s leading producers and developers of a limited number of fermentation-based APIs.

INTRODUCTION

Investor demand for Concord Biotech’s Rs 1,551-crore initial public offering (IPO) was favorable throughout the first few hours of the day one bidding procedure.

• Investors can submit a bid for a minimum of 20 equity shares and subsequent multiples during the three-day bidding process. Concord Biotech is selling its shares for between Rs 705-741 per share.

• Data shows that as of 1.10 pm on Friday, August 4, 2023, investors had submitted bids for 36,68,000 equity shares, or 25%, of the 1,46,50,957 equity shares available for the subscription.

• Retail investors’ quota was filled to a booking percentage of 36%, non-institutional bidders’ quota to a booking percentage of 22%, and employees’ quota to a booking percentage of 3.38.

The company, which has operations in more than 70 nations, including India, Japan, the US, and Europe, is recognized as one of the top creators and producers of specific fermentation-based APIs for immunosuppressants and oncology.

CONCLUSION

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The manufacturing facility is expected to be built in Tamil Nadu’s Chengalpattu District’s Thiruporur Taluk.

INTRODUCTION

Godrej Consumer Products Limited (GCPL), a leader in the FMCG industry, announced on Thursday that it has inked an MoU with the Tamil Nadu government to build a cutting-edge manufacturing facility over the next five years for an investment of Rs 515 crore.

• The projects will be funded through a combination of internal accruals and loans, and the manufacturing locations are anticipated to go online in between 18 and 36 months.

• “We are excited to announce our strategic cooperation with Godrej Consumer Products in support of the construction of their new plant in our state, which will cost them Rs 515 crore.

• In order to increase our market presence, it will act as a manufacturing hub for a variety of our well-known brands and products, including Cinthol, Godrej Expert Rich Crème, Godrej Selfie Shampoo Hair Color, and Goodknight.

Furthermore, we are committed to encouraging sustainable growth in Tamil Nadu and making a beneficial influence on the community, according to Sudhir Sitapati, MD & CEO of Godrej Consumer.

CONCLUSION

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B2B, exports, and global trade all nonetheless experienced weak demand circumstances. Our gross margins significantly increased as a result of operational improvements and moderating input prices.

On Thursday, Pidilite Industries Ltd. announced that its consolidated year-over-year (YoY) net profit for the first quarter of the fiscal year 2023–24 (Q1 FY24) increased by 32% to Rs. 474 crore. An increase of 6% over the same quarter previous year, net revenues came in at Rs 3,264 crore.

• The high underlying volume growth of 8% that drove the current quarter’s standalone revenue growth (UVG: refers to volume growth taking into account the effects of changes in product mix) was the driving force behind it.

• This growth was on top of previous year’s growth of 62%, demonstrating a strong two-year CAGR of 31%. Underlying volumes in the domestic consumer and bazaar segment increased by 12% in both urban and rural markets.

Margins for EBITDA also increased. Sales of international subsidiaries, with the exception of Pidilite USA Inc., were in line with the prior year, mostly as a result of unstable economic conditions, difficulties with currency devaluation in some countries, and local inflation pressures.

CONCLUSION

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Hero MotoCorp Q1 results: Emkay Global expects Hero MotoCorp to report 39.5 per cent YoY rise in profit at Rs 871.10 crore compared with Rs 624.50 crore in the same quarter last year.

Hero MotoCorp is anticipated to record a 30-40% year-over-year (YoY) increase in net profit on the back of a 6-7% increase in revenues, mostly driven by an increase in average selling price (ASP) for the quarter due to price rises, despite a decline in volumes.

• Emkay Global anticipates Hero MotoCorp to record a 39.5% year-over-year increase in profit at Rs. 871.10 crore as opposed to Rs. 624.50 crore in the same quarter last year.

• From Rs 8,393 crore in the previous quarter to Rs 8,930 crore this quarter, revenue is up 6.4 percent YoY. Despite a drop in volumes (down 3% YoY), revenue may increase YoY due to stronger realisations.

“Realizations are likely to increase QoQ, driven by price increases, with Ebitda margin expected to improve due to higher volumes (up 6.5%),” Emkay noted while speculating on a margin figure of 13.5%.

Profit for this brokerage came in at Rs. 875.90 crore, up 40.3%. Kotak expects revenue to increase 7% year over year to Rs 8,976 crore.

Elara Securities forecasts a profit of Rs 819.90 crore, up 31.3%, with sales expected to increase by 6.4% year over year to Rs 8,931.90 crore.

CONCLUSION

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In the past year, IRFC shares have soared 85%, with most of the gains occurring in 2022. Just 17.63% of the stock’s gains have come this year.

INTRODUCTION

The company’s market value increased to Rs 60,520 crore. One of the largest turnovers on the BSE occurred when 168.73 lakh shares of the company were traded for a total of Rs. 78.71 crore.

• The IRFC stock has increased by 117.60% in the past year, with most of the gains occurring in 2022. Just 41.85% of the stock’s gains have come this year. With a PE of 9.51, the IRFC stock is overpriced when compared to its industry.

• Sectoral PE is currently 6.41. IRFC shares closed 12% higher on Thursday at Rs 44.72 compared to the previous close on BSE of Rs 39.74. The stock on the BSE has soared 21.51% in just three sessions.

A one-year beta of 0.8 on the IRFC stock indicates that there was very little volatility during that time.

Investors should take gains now since a daily closing below the support level of Rs. 42.5 could eventually result in a target price of Rs. 38.85.

Operating revenue for the FY23 increased 17.70% to Rs 23,891 crore from Rs 20,298 crore reported the previous year. At the end of FY23, the company’s earnings per share were Rs 4.85 as opposed to Rs 4.66 in the same period the previous year.

CONCLUSION

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Yudiz Solutions, an enterprise solutions technology firm with a focus on blockchain, artificial intelligence, and gaming, was founded in 2012. The company offers IT solutions and consulting services.

INTRODUCTION

On Friday, August 4, 2023, subscriptions for Yudiz Solutions’ initial public offering (IPO) will start to be accepted. The company is offering its shares for between Rs. 162 and Rs. 165 a share, and subscriptions for the issue are open through Tuesday, August 4, 2023.

• Through the incorporation of cutting-edge technologies, Yudiz Solutions Limited also offers a range of solutions in the areas of mobile, web, augmented reality and virtual reality, UI/UX, and the Internet of Things.

• The Ahmedabad-based business serves clients for web development in North America, Europe, and Asia. Among the well-known clients are Akasa Air, MPL, Zydus, RR Kabel, IRM Energy, and SportsBuzz.

Mobile app prototype development, Android/iOS app development, PC/mobile game development, blockchain, AR/VR, web development, website design and development, website maintenance and support, e-commerce web apps and portal development, and more are among the services offered by the company.

CONCLUSION

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