PNG Official
When I said expect 5-10% fall. Many people don’t expect it is too serious. It is only in Bank Nifty but not much fall in Midcap. If midcap follow the same trend many portfolios starts to bleed 🩸 https://x.com/pngstockadvisor/status/1747483374753620132?s=46
Yesterday small and mid cap was stable and less negative as compared to with large cap stocks, but as I said market will fall in the series of large cap stocks first then the bleed 🩸 starts in mid and small caps.
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ASHOK LEYLAND: CO WINS ORDER FOR 1225 BSVI FUEL TYPE BUSES WORTH 522 CR RUPEES FOR KARNATAKA
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✨ Stocks To Watch on 19 January ✨
💠 State Bank of India: The company raised Rs 5,000 crore through 10-year AT-1 bonds.
💠 REC: The company has been designated as the overall implementation agency for the rooftop solar programme of the Renewable Energy Ministry. The company aims to achieve a cumulative capacity of 40,000 MW from rooftop solar panels by 2026.
💠 JSW Infrastructure: The company clarified on media reports that it is leading the race to acquire Navkar Corp. The company said there are no specific proposals underway regarding the matter in the news.
💠 Shalby: The company will acquire an 87.26% stake in PK Healthcare for Rs 102 crore.
💠 Lupin: The company receives USDA approval for Febuxostat tablets.
💠 Bandhan Bank: The lender received an RBI nod, appointing Rajinder Kumar Babbar as executive director for 3 years.
💠 Wipro: The company will acquire a 14% stake in Huoban Energy 11 to enhance renewable energy usage.
💠 Power Finance Corp: The company incorporated two special-purpose vehicles for developing transmission projects in Gujarat and Rajasthan.
💠 Indian Bank: The company received approval from the RBI for setting up a new unit for operations support.
💠 Dhunseri Ventures: The company made an investment of $1 million in DYL USA. The company's total investment stands at $3 million in DYL USA for a 79.68% stake. https://x.com/pngstockadvisor/status/1748173840927314066?s=20
💠 State Bank of India: The company raised Rs 5,000 crore through 10-year AT-1 bonds.
💠 REC: The company has been designated as the overall implementation agency for the rooftop solar programme of the Renewable Energy Ministry. The company aims to achieve a cumulative capacity of 40,000 MW from rooftop solar panels by 2026.
💠 JSW Infrastructure: The company clarified on media reports that it is leading the race to acquire Navkar Corp. The company said there are no specific proposals underway regarding the matter in the news.
💠 Shalby: The company will acquire an 87.26% stake in PK Healthcare for Rs 102 crore.
💠 Lupin: The company receives USDA approval for Febuxostat tablets.
💠 Bandhan Bank: The lender received an RBI nod, appointing Rajinder Kumar Babbar as executive director for 3 years.
💠 Wipro: The company will acquire a 14% stake in Huoban Energy 11 to enhance renewable energy usage.
💠 Power Finance Corp: The company incorporated two special-purpose vehicles for developing transmission projects in Gujarat and Rajasthan.
💠 Indian Bank: The company received approval from the RBI for setting up a new unit for operations support.
💠 Dhunseri Ventures: The company made an investment of $1 million in DYL USA. The company's total investment stands at $3 million in DYL USA for a 79.68% stake. https://x.com/pngstockadvisor/status/1748173840927314066?s=20
X (formerly Twitter)
PNG Value Investor (@pngstockadvisor) on X
✨ Stocks To Watch on 19 January ✨
💠 State Bank of India: The company raised Rs 5,000 crore through 10-year AT-1 bonds.
💠 REC: The company has been designated as the overall implementation agency for the rooftop solar programme of the Renewable Energy Ministry.…
💠 State Bank of India: The company raised Rs 5,000 crore through 10-year AT-1 bonds.
💠 REC: The company has been designated as the overall implementation agency for the rooftop solar programme of the Renewable Energy Ministry.…
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Your experience and perception about a company depends upon what price you entered in. While a stock might bring a lot of fortune to some people, the same stock can destroy wealth. This is why I say, Both Fundamentals and Technicals are equally important in Investing and trading.
There are plenty of examples.
1 Tata Motors
Destroyed wealth by 90% during 2015-2020.
Generated 1200% return during 2020-2024
2 ITC
Destroyed wealth by 50% during 2017-2020.
Generated 180% return during 2020-2024
3 Suzlon
Destroyed wealth by 99% during 2008-2023.
Generated 400% return during 2023-2024
4 Titagarh rail
Destroyed wealth by 80% during 2008-2020.
Generated 4100% return during 2020-2024
5 Kotak Bank
Generated 70,000% return during 2001-2020
No returns between 2020-2024
6 Bank of Baroda
Destroyed wealth by 80% during 2010-2020.
Generated 450% return during 2020-2024
7 Ge T&D
Destroyed wealth by 80% during 2015-2023.
Generated 500% return during 2023-2024
8 Karnataka Bank
Destroyed wealth by 80% during 2008-2020.
Generated 650% return during 2020-2024
9 Relaxo Footwear
Generated 10,000% return during 2011-2021
Destroyed wealth by 40% during 2021-2024
10 Jubilant Food
Generated 3700% return during 2010-2021
Destroyed wealth by 40% during 2021-2024
11 Indiabulls Housing Finance
Generated 500% return during 2014-2018
Destroyed wealth by 95% during 2018-2023
Generated 100% return during 2023-24
Right entry and right exit both are most important.
There are plenty of examples.
1 Tata Motors
Destroyed wealth by 90% during 2015-2020.
Generated 1200% return during 2020-2024
2 ITC
Destroyed wealth by 50% during 2017-2020.
Generated 180% return during 2020-2024
3 Suzlon
Destroyed wealth by 99% during 2008-2023.
Generated 400% return during 2023-2024
4 Titagarh rail
Destroyed wealth by 80% during 2008-2020.
Generated 4100% return during 2020-2024
5 Kotak Bank
Generated 70,000% return during 2001-2020
No returns between 2020-2024
6 Bank of Baroda
Destroyed wealth by 80% during 2010-2020.
Generated 450% return during 2020-2024
7 Ge T&D
Destroyed wealth by 80% during 2015-2023.
Generated 500% return during 2023-2024
8 Karnataka Bank
Destroyed wealth by 80% during 2008-2020.
Generated 650% return during 2020-2024
9 Relaxo Footwear
Generated 10,000% return during 2011-2021
Destroyed wealth by 40% during 2021-2024
10 Jubilant Food
Generated 3700% return during 2010-2021
Destroyed wealth by 40% during 2021-2024
11 Indiabulls Housing Finance
Generated 500% return during 2014-2018
Destroyed wealth by 95% during 2018-2023
Generated 100% return during 2023-24
Right entry and right exit both are most important.
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STOCKS IN ACTION 20 January
Tata Steel: The company will commence statutory consultation as part of its plan to transform and restructure its U.K. business.
HFCL: The company received a purchase order worth of Rs 623 crore from a telecom service provider for the supply of 5G telecom networking equipment.
Zee Entertainment: The company issued a clarification on media reports of Sony's board to take a call on a $10 bn merger with Zee Entertainment on Friday. It said that it is not aware of any board meeting held or proposed to be held by Sony India and added that the company is committed to the merger with Sony.
KPI Green Energy: The company's unit received an order for a 5.60 MW solar project from a domestic entity.
Hardwyn India: The company's subsidiary Slim-X plans to generate -revenue of Rs 100 crore in the next two years.
One 97 Communication: The company approved joint development pact with ACE Builders for the development of the IT/ITES complex in Noida and approved the incorporation of one or more subsidiaries in GIFT City.
Shilpa Medicare: The company's NDA Product PEMRYDI RTU (Pemetrexed Injection) received product-specific code j* from the U.S. Centers for Medicare & Medicaid Services. PEMRYDI RTU is used as a drug in the treatment of non-small cell lung cancer in combination with other chemotherapy agents.
Star Health and Allied Insurance: N. Chittibab resigned from the position of chief innovation officer and key managerial personnel.
Navkar Corp: The company said that there are no negotiations taking place that require disclosure under the SEBI.
Pratap Snacks: The company issued a clarification that it is not in negotiations with Haldiram's for a stake sale.
Rico Auto Industries: The company unit signed a licensing agreement for the transfer of technology with DRDO.
Fortis Healthcare: The company's unit Agilus Diagnostics received notice from Delhi's anti-corruption bureau in the Mohalla Clinics' case.
Life Insurance Corp: The company announced the new product launch of LIC's Jeevan Dhara-ll.
Prakash Industries: The company received permission to establish Bhaskarpara commercial coal mine in Chhattisgarh from the Chhattisgarh Environment board.
All Cargo Logistics: The company's unit incorporated a new wholly owned subsidiary in the name of U.K. Terminals.
Borosil: The company acquired an additional 0.75% stake in Goel Scientific Glass Works at a total consideration of Rs 14.39 lakh. The company's shareholding in Goel Scientific has increased from 94.73% to 95.48%.
Tata Steel: The company will commence statutory consultation as part of its plan to transform and restructure its U.K. business.
HFCL: The company received a purchase order worth of Rs 623 crore from a telecom service provider for the supply of 5G telecom networking equipment.
Zee Entertainment: The company issued a clarification on media reports of Sony's board to take a call on a $10 bn merger with Zee Entertainment on Friday. It said that it is not aware of any board meeting held or proposed to be held by Sony India and added that the company is committed to the merger with Sony.
KPI Green Energy: The company's unit received an order for a 5.60 MW solar project from a domestic entity.
Hardwyn India: The company's subsidiary Slim-X plans to generate -revenue of Rs 100 crore in the next two years.
One 97 Communication: The company approved joint development pact with ACE Builders for the development of the IT/ITES complex in Noida and approved the incorporation of one or more subsidiaries in GIFT City.
Shilpa Medicare: The company's NDA Product PEMRYDI RTU (Pemetrexed Injection) received product-specific code j* from the U.S. Centers for Medicare & Medicaid Services. PEMRYDI RTU is used as a drug in the treatment of non-small cell lung cancer in combination with other chemotherapy agents.
Star Health and Allied Insurance: N. Chittibab resigned from the position of chief innovation officer and key managerial personnel.
Navkar Corp: The company said that there are no negotiations taking place that require disclosure under the SEBI.
Pratap Snacks: The company issued a clarification that it is not in negotiations with Haldiram's for a stake sale.
Rico Auto Industries: The company unit signed a licensing agreement for the transfer of technology with DRDO.
Fortis Healthcare: The company's unit Agilus Diagnostics received notice from Delhi's anti-corruption bureau in the Mohalla Clinics' case.
Life Insurance Corp: The company announced the new product launch of LIC's Jeevan Dhara-ll.
Prakash Industries: The company received permission to establish Bhaskarpara commercial coal mine in Chhattisgarh from the Chhattisgarh Environment board.
All Cargo Logistics: The company's unit incorporated a new wholly owned subsidiary in the name of U.K. Terminals.
Borosil: The company acquired an additional 0.75% stake in Goel Scientific Glass Works at a total consideration of Rs 14.39 lakh. The company's shareholding in Goel Scientific has increased from 94.73% to 95.48%.
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PNG Official
Magnum Ventures - 64 Rs. ✍️ A (Below 100 Rs.) micro-cap company operates in paper industry and Hotel industry is found after screening 150 companies. 💠 Revenue Breakup FY23 Hotel: 18% Paper: 82% 🔸 Stock Price to Earning Ratio is below 10. 🔸 After long…
What an amazing rally in Magnum Ventures 🚀🚀
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9 Best Fundamental Stocks on the Occassion of Shree Rama Prana Prathishta in Ayodya
🎥 https://youtu.be/5BbROLYIxjk
🎥 https://youtu.be/5BbROLYIxjk
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STOCKS IN ACTION 23 January
Zee Entertainment Enterprises: Sony Group Corp. has officially notified that it plans to call off the merger between its India unit and Zee. The Sony Group has invoked arbitration against Zee and sought a termination fee of $90 million on account of alleged breaches of the deal.
Kotak Mahindra Bank: The company approved the proposal to raise Rs 10,000 crore by way of the issuance of NCDs on a private placement basis.
Adani Ports and Special Economic Zone: S&P affirmed the ratings of both Adani Group companies while revising their outlook to 'Stable' from 'Negative'.
Tata Motors: The automaker increased prices by 0.7% on average across its personal vehicle portfolio, including EVs. The price hike is to be effective on Feb. 1.
JSW Group: The Odisha government has sanctioned a special incentive package for JSW Group's electric vehicle and component manufacturing projects.
Tata Steel: The steel manufacturer approved the allotment of 8.65 crore shares to eligible shareholders of Tinplate Co. The company will allot shares at an exchange ratio of 33:10.
Cyient: The company's US-based unit agreed to settle a civil class action anti-trust lawsuit for $7.4 million.
Keystone Realtors: The company will redevelop two societies in Malad, Mumbai, with a gross development value of about Rs 1,200 crore.
SML Isuzu: The company won an arbitration award worth Rs 11.52 crore from Delhi Metro Rail
Corp.
Cigniti Technologies: The company redesignated its non-executive director, Srikanth Chakkilam, as the executive director and chief executive officer.
Vikas Lifecare: The company acquired a 60% stake in SKY 2.0 Club, Dubai, for about $79 million.
Tata Consultancy Services: The IT major enabled Euroclear Finland to integrate the core platform with ECB's T2S platform. The integration is set to ease cross-border settlements for investors in Finnish securities.
Sobha: The company approved the rights issue of shares worth up to Rs 2,000 crore.
Shree Cement: The cement manufacturer started commercial production at its Nawalgarh cement plant in Rajasthan.
Hero MotoCorp: The automaker appointed CG Motors as its distributor in Nepal.
Hindustan Petroleum Corp: The company incorporated a new unit, HPCL Renewable and Green Energy, to consolidate its existing green business operations.
State Bank of India: The company acquired 6.35% of Canpac Trends.
Torrent Power: Mehta Family Trust acquired shares from the promoter family in an inter-se transfer without any change in control or management. The holding company's stake will remain at 53.56%.
JM Financial: Atul Mehra has resigned from the position of Joint Managing Director.
Best Agrolife: The company incorporated a new wholly-owned subsidiary in Mauritius by the name of Best Agrolife Global.
Spencers Retail: Neelesh Bothra has resigned from the position of Chief Financial Officer of the company.
SG Mart: The company entered into separate agreements with Kubair Steel and Power and with Premier Bars to manufacture and supply various types of building material products, and separate agreements with Alliance Tubes and Galvanizers, and SG Metals and Steels India to use the trademark or brand name of the company for the supply of various types of building material products.
Century Extrusions: The company entered into a Memorandum of Understanding with the government of Odisha to set up a new aluminium extruded products manufacturing unit in the district of Jharsuguda to boost production capacities.
Anupam Rasayan: The company incorporated a wholly owned unit, Anupam Europe AG, in Switzerland.
Karnataka Bank: The lender named Venkat Krishnan V as chief information officer effective Jan.
22.
JM Financial: Atul Mehra has resigned from the position of Joint Managing Director.
Best Agrolife: The company incorporated a new wholly-owned subsidiary in Mauritius by the name of Best Agrolife Global.
Spencers Retail: Neelesh Bothra has resigned from the position of Chief Financial Officer of the company.
Zee Entertainment Enterprises: Sony Group Corp. has officially notified that it plans to call off the merger between its India unit and Zee. The Sony Group has invoked arbitration against Zee and sought a termination fee of $90 million on account of alleged breaches of the deal.
Kotak Mahindra Bank: The company approved the proposal to raise Rs 10,000 crore by way of the issuance of NCDs on a private placement basis.
Adani Ports and Special Economic Zone: S&P affirmed the ratings of both Adani Group companies while revising their outlook to 'Stable' from 'Negative'.
Tata Motors: The automaker increased prices by 0.7% on average across its personal vehicle portfolio, including EVs. The price hike is to be effective on Feb. 1.
JSW Group: The Odisha government has sanctioned a special incentive package for JSW Group's electric vehicle and component manufacturing projects.
Tata Steel: The steel manufacturer approved the allotment of 8.65 crore shares to eligible shareholders of Tinplate Co. The company will allot shares at an exchange ratio of 33:10.
Cyient: The company's US-based unit agreed to settle a civil class action anti-trust lawsuit for $7.4 million.
Keystone Realtors: The company will redevelop two societies in Malad, Mumbai, with a gross development value of about Rs 1,200 crore.
SML Isuzu: The company won an arbitration award worth Rs 11.52 crore from Delhi Metro Rail
Corp.
Cigniti Technologies: The company redesignated its non-executive director, Srikanth Chakkilam, as the executive director and chief executive officer.
Vikas Lifecare: The company acquired a 60% stake in SKY 2.0 Club, Dubai, for about $79 million.
Tata Consultancy Services: The IT major enabled Euroclear Finland to integrate the core platform with ECB's T2S platform. The integration is set to ease cross-border settlements for investors in Finnish securities.
Sobha: The company approved the rights issue of shares worth up to Rs 2,000 crore.
Shree Cement: The cement manufacturer started commercial production at its Nawalgarh cement plant in Rajasthan.
Hero MotoCorp: The automaker appointed CG Motors as its distributor in Nepal.
Hindustan Petroleum Corp: The company incorporated a new unit, HPCL Renewable and Green Energy, to consolidate its existing green business operations.
State Bank of India: The company acquired 6.35% of Canpac Trends.
Torrent Power: Mehta Family Trust acquired shares from the promoter family in an inter-se transfer without any change in control or management. The holding company's stake will remain at 53.56%.
JM Financial: Atul Mehra has resigned from the position of Joint Managing Director.
Best Agrolife: The company incorporated a new wholly-owned subsidiary in Mauritius by the name of Best Agrolife Global.
Spencers Retail: Neelesh Bothra has resigned from the position of Chief Financial Officer of the company.
SG Mart: The company entered into separate agreements with Kubair Steel and Power and with Premier Bars to manufacture and supply various types of building material products, and separate agreements with Alliance Tubes and Galvanizers, and SG Metals and Steels India to use the trademark or brand name of the company for the supply of various types of building material products.
Century Extrusions: The company entered into a Memorandum of Understanding with the government of Odisha to set up a new aluminium extruded products manufacturing unit in the district of Jharsuguda to boost production capacities.
Anupam Rasayan: The company incorporated a wholly owned unit, Anupam Europe AG, in Switzerland.
Karnataka Bank: The lender named Venkat Krishnan V as chief information officer effective Jan.
22.
JM Financial: Atul Mehra has resigned from the position of Joint Managing Director.
Best Agrolife: The company incorporated a new wholly-owned subsidiary in Mauritius by the name of Best Agrolife Global.
Spencers Retail: Neelesh Bothra has resigned from the position of Chief Financial Officer of the company.
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SG Mart: The company entered into separate agreements with Kubair Steel and Power and with Premier Bars to manufacture and supply various types of building material products, and separate agreements with Alliance Tubes and Galvanizers, and SG Metals and Steels India to use the trademark or brand name of the company for the supply of various types of building material products.
Century Extrusions: The company entered into a Memorandum of Understanding with the government of Odisha to set up a new aluminium extruded products manufacturing unit in the district of Jharsuguda to boost production capacities.
Anupam Rasayan: The company incorporated a wholly owned unit, Anupam Europe AG, in Switzerland.
Karnataka Bank: The lender named Venkat Krishnan V as chief information officer effective Jan.
22.
Coforge: Q3 result: Profit rises 31.5% sequentially to ₹238 crore, interim dividend announced
Siti Networks: says, CoC has decided to extend the last date for submission of resolution plans for co to March 1, 2024
SAIL's: Director (Commercial) -- VS Chakravarthy and AK Tulsiani, Director (Finance) suspended after Lokpal of India concluded that both lead to monetary loss to SAIL & helped certain private players, sources to TimsyJaipuria
- Lokpal has directed CBI/DSPE to begin further investigation against Chakravarthy and Tulsiani
Atul: Mehra resigns as Joint Managing Director of JM Financial w.e.f. April 20, 2024
Century Extrusions: The company entered into a Memorandum of Understanding with the government of Odisha to set up a new aluminium extruded products manufacturing unit in the district of Jharsuguda to boost production capacities.
Anupam Rasayan: The company incorporated a wholly owned unit, Anupam Europe AG, in Switzerland.
Karnataka Bank: The lender named Venkat Krishnan V as chief information officer effective Jan.
22.
Coforge: Q3 result: Profit rises 31.5% sequentially to ₹238 crore, interim dividend announced
Siti Networks: says, CoC has decided to extend the last date for submission of resolution plans for co to March 1, 2024
SAIL's: Director (Commercial) -- VS Chakravarthy and AK Tulsiani, Director (Finance) suspended after Lokpal of India concluded that both lead to monetary loss to SAIL & helped certain private players, sources to TimsyJaipuria
- Lokpal has directed CBI/DSPE to begin further investigation against Chakravarthy and Tulsiani
Atul: Mehra resigns as Joint Managing Director of JM Financial w.e.f. April 20, 2024
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WAAREE RENEWABLE TECHNOLOGIES LTD Q3FY24 CONS
NET PROFIT 644M RUPEES VS 250M (YOY);183M (QOQ)
REVENUE 3.24B RUPEES VS 738M (YOY);1.50B (QOQ)
CO APPROVED THE SUB-DIVISION/ SPLIT OF EXISTING 1 (ONE) EQUITY SHARE OF FACE VALUE OF RS. 10/- EACH FULLY PAID UP INTO 5 (FIVE) EQUITY SHARES OF FACE VALUE OF RS. 2/- EACH FULLY PAID UP, SUBJECT TO SHAREHOLDERS APPROVAL
NET PROFIT 644M RUPEES VS 250M (YOY);183M (QOQ)
REVENUE 3.24B RUPEES VS 738M (YOY);1.50B (QOQ)
CO APPROVED THE SUB-DIVISION/ SPLIT OF EXISTING 1 (ONE) EQUITY SHARE OF FACE VALUE OF RS. 10/- EACH FULLY PAID UP INTO 5 (FIVE) EQUITY SHARES OF FACE VALUE OF RS. 2/- EACH FULLY PAID UP, SUBJECT TO SHAREHOLDERS APPROVAL
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ZENSAR TECH Q3FY24 CONS
NET PROFIT 1.62B RUPEES VS 1.74B (QOQ); 765M (YOY)
REVENUE 12.04B RUPEES VS 12.41B (QOQ); 11.98B (YOY)
EBIT 1.76B RUPEES VS 1.94B (QOQ)
EBIT MARGIN 14.65% VS 15.66% (QOQ)
CO DECLARED AN INTERIM DIVIDEND OF 2 RUPEES PER SHARE
NET PROFIT 1.62B RUPEES VS 1.74B (QOQ); 765M (YOY)
REVENUE 12.04B RUPEES VS 12.41B (QOQ); 11.98B (YOY)
EBIT 1.76B RUPEES VS 1.94B (QOQ)
EBIT MARGIN 14.65% VS 15.66% (QOQ)
CO DECLARED AN INTERIM DIVIDEND OF 2 RUPEES PER SHARE
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