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Economic Times
a day ago
- Business
- Economic Times
Stock Radar: Thomas Cook breaks out from a Cup & Handle pattern; showing signs of momentum after 30% fall from highs
Thomas Cook India Ltd, part of the travel related service industry, broke out from a Cup & Handle formation on the daily charts which has opened room for the stock to head investors can look to buy the stock for a target of Rs 262 in the next 3-4 months, suggest stock which is also part of the BSE Smallcap index hit a high of Rs 264 on July 30, 2024, but it failed to hold the momentum. It closed at Rs 170 on July
Economic Times
23-07-2025
- Business
- Economic Times
Stock Radar: Breakout from Symmetrical Triangle pattern could help Pennar Industries to hit fresh record highs; time to buy?
Pennar Industries Ltd, part of the industrial products industry, broke out from a symmetrical triangle pattern in July which has opened room for the stock to head higher and may even hit record term traders can look to buy the stock for a target of Rs 285 in the next 3-4 weeks, suggest stock which is also part of the BSE Smallcap index hit a high of Rs 257 on June 4, 2025, but it failed to hold the
Mint
22-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 22 July 2025
Breakout stocks buy or sell: Strong gains in major banking stocks such as HDFC Bank and ICICI Bank lifted the Indian market benchmarks — Sensex and Nifty 50 — on Monday, July 21, helping them snap a two-day losing streak despite mixed global signals. The Sensex advanced by 443 points, or 0.54 per cent, to settle at 82,200.34, while the Nifty 50 gained 122 points, or 0.49 per cent, to close at 25,090.70. The BSE Midcap index also climbed 0.55 per cent, mirroring the benchmarks, whereas the BSE Smallcap index closed on a flat note. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market is indicating a trend reversal as the Nifty 50 index has bounced back strongly after inching close to 50-DEMA support of 24,900. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,250. On breaking above this resistance on a closing basis, we can expect the 50-stock index to touch 25,500 and 25,700 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Nelcast, Vintage Coffee and Beverages, Royal Orchid Hotels, Chemplast Sanmar, and KRBL. 1] Nelcast: Buy at ₹ 152.7, target ₹ 163, stop loss ₹ 147; 2] Vintage Coffee and Beverages: Buy at ₹ 146.55, target ₹ 157, stop loss ₹ 141; 3] Royal Orchid Hotels: Buy at ₹ 437.8, target ₹ 470, stop loss ₹ 422; 4] Chemplast Sanmar: Buy at ₹ 467.4, target ₹ 505, stop loss ₹ 350; 5] KRBL: Buy at ₹ 414, target ₹ 444, stop loss ₹ 399. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
22-07-2025
- Business
- Mint
Stocks to trade today: Trade Brains Portal recommends two stocks for 22 July
Strong gains in banking heavyweights such as HDFC Bank and ICICI Bank helped Indian market benchmarks rebound on Monday, 21 July, snapping a two-day losing streak amid mixed global cues. The Sensex climbed 443 points, or 0.54%, to close at 82,200.34, while the Nifty 50 rose 122 points, or 0.49%, to settle at 25,090.70. The BSE Midcap index advanced 0.55%, broadly in line with the benchmarks, while the BSE Smallcap index ended flat. Against this backdrop, Trade Brains Portal has picked two stocks—one from the railway sector and another from the FMCG sector. Stocks to trade today, recommended by Trade Brains Portal for 21 July: Current price: ₹378.60 Target price: ₹480 in 16 - 24 Months Stop-loss: ₹325 Why it is recommended: RVNL was founded in 2003 to revolutionize the railway landscape in India with a focus on project implementation and the development of transportation infrastructure, such as railway lines, electrification, bridges, and more. The Department of Public Sector Enterprises (PSE) had awarded the company the title of Navratna, which denotes a large, profitable, and strategically significant PSU. To carry out projects in their respective regions, RVNL has 30 project implementation units spread across 25 locations in India. Additionally, two project units have been formed outside of India: one in Dubai and one in the Maldives. In FY25, the company's revenue was ₹19,923 crore, down 8.9% on year from ₹21,878.5 crore. Net profit fell 17.3%, from ₹1,550.87 crore to ₹1,281.5 crore. This decline was due to a delay in funding by the Ministry of Railways. They anticipate higher margins in FY26, and the turnover would be the same as the FY25 projection of ₹21,000 crore. As the company expands into new areas, such as metro maintenance, small-scale manufacturing, and international projects, the margins are expected to improve. The company is actively diversifying into long-term revenue visibility outside of the fiercely competitive EPC market. Utilizing the increasing number of metro projects around India, key priority areas are railway infrastructure and metro system operation and maintenance (O&M). Furthermore, the company has one of the key joint ventures in the development of Vande Bharat, which will begin production in June FY26, and the company anticipates positive cash inflows starting the following year. On the order book part, the company anticipates that Bharat Net orders will rise from the present order of ₹14,000 crore to ₹17,000 to ₹18,000 crore in FY26, a 20% to 25% increase. The company currently has a ₹1 lakh crore order book, of which ₹45,000 crore comes from Indian Railways and around ₹55,000 crore comes from projects that were put out to bid. Risk factors: Since RVNL is not designated as a Zonal Railway, it does not have the authority to approve plans, drawings, and other materials. As a result, delays in obtaining approval from Zonal Railways for plans, traffic blockages, etc., could affect RVNL's project development. Additionally, delays may occur due to modifications made to the Railways' approved plans during project execution. Current price: ₹ 489 Target price: ₹ 630 in 12 Months Stop-loss: ₹ 406 Why it's recommended: VBL's revenue from operations grew by 28.9% YoY to ₹5,566.9 crore in Q1 CY2025 from ₹4,317.3 crore in Q1 CY2024. Their sales volume also increased by 30.1% to reach 312.4 million cases, driven by strong organic volume growth of 15.5% in India and inorganic volume contributions from South Africa and the Democratic Republic of Congo. VBL's EBITDA increased by 27.8% in Q1 CY 2025 to Rs. 1,263.96 crore. PAT increased by 33.5% to Rs. 731.4 crore in Q1 CY2025, driven by robust volume growth and lower finance costs. (Note: The company follows a January-December calendar year format.). The company has commissioned new production facilities at Kangra (Himachal Pradesh) and Prayagraj (Uttar Pradesh) and also set up backward integration facilities at the Prayagraj plant, as well as at the DRC plant in the international region. Acquired BevCo along with its wholly owned subsidiaries and SBC Beverages Ghana Limited (SBCG) in West Africa. VBL has recently entered into binding agreements to acquire a 100% stake in Tanzania and Ghana, further enhancing its African market presence. The company has also secured exclusive snacks franchising rights for PepsiCo's brands in Morocco, Zimbabwe, and Zambia, set to commence by October 2025. VBL successfully raised ₹7,500 crore through a Qualified Institutional Placement (QIP) for strategic acquisitions and expansions. Currently, the company's net debt stands at ₹6,000 crore, with plans to utilize the proceeds for debt reduction for is adding about 10-12% additional outlets (400,000-500,000 outlets) every year, bolstering its growth. The company owns 130+ depots, 2800+ primary distributors, and 10,000+ vehicles, and also has franchise rights in Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe. VBL is the world's second-largest PepsiCo franchisee with a market share of 72% in the carbonated segment, holding exclusive rights to manufacture and distribute PepsiCo's carbonated and non-carbonated beverages across 27 Indian states and 7 union territories. The company has 50 state-of-the-art production facilities, 38 in India & 12 international territories. Risk factors: Consistent growth in revenue and sales volumes may be affected due to fluctuations in seasonal sales that might pose a risk to the company's overall financial performance throughout the year. Further, regulations like plastic bottle bans, high sugar taxes, and FDI restrictions pose risks for Varun Beverages. Market Recap | 21 July Indian equities rebounded on Monday, led by strong gains in banking stocks after robust quarterly earnings from private sector lenders. The Nifty 50 opened at 24,999, up 31 points from Friday's close of 24,968, and steadily climbed through the day to hit an intraday high of 25,111. On the daily chart, the index traded below the 20-day EMA but held above the 50-, 100-, and 200-day EMAs. Its Relative Strength Index (RSI) stood at 47.63—well below the overbought threshold of 70. The BSE Sensex mirrored the Nifty's strength, opening at 81,918—up 160 points from the previous close of 81,758. Gains in HDFC Bank and ICICI Bank, both rising around 2.8% after posting better-than-expected earnings, helped drive market sentiment. The Bank Nifty surged 669.75 points, or 1.2%, to close at 56,952.75. Most sectoral indices ended higher. The Nifty Finance Index led the rally, closing at 26,990, up 434.75 points or 1.64%, boosted by financial names such as: ICICI Bank (+2.8%) HDFC Bank (+2.2%) ICICI Lombard General Insurance (+2.0%) The Nifty Private Bank Index also ended strong, climbing 354.45 points, or 1.3%, to 27,888. The Nifty Services Index gained 368.10 points, or 1.1%, to settle at 33,129. Among individual stocks, InfoEdge, ICICI Bank, and Eternal rose up to 4%. On the downside, the Nifty Oil & Gas Index fell 128.80 points, or 1.09%, to close at 11,643. Reliance Industries dropped 3.14%, dragging the index lower along with Gujarat State Petronet and Gujarat Gas. The decline followed the European Union's decision to lower the price cap on Russian oil and tighten sanctions on the shadow fleet transporting it. The Nifty PSU Bank Index also underperformed, shedding 41.35 points, or 0.58%, to end at 7,121.15. Asian markets were broadly positive on Monday: Hang Seng (Hong Kong): +168.48 pts (0.67%) to 24,994.14; Kospi (South Korea): +22.74 pts (0.71%) to 3,210.81; Shanghai Composite: +25.31 pts (0.71%) to 3,559.79 As of 0440pm (India time), Dow Jones Futures were up 87.9 points, or 0.2%, trading at 44,430.09 on the US exchange. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
21-07-2025
- Business
- Business Standard
BSE Midcap index in focus: L&T Fin, UPL at 52-week high, see stock strategy
Shares of midcap companies were in focus on Monday, with the BSE Midcap index outperforming the broader market in intra-day trade, driven by a rally of over 2 per cent in stocks such as L&T Finance, UPL, Jindal Stainless, Supreme Industries, and Ashok Leyland. As of 01:37 PM: BSE Midcap index, the top gainer among broader indices, was up 0.55 per cent, as compared to 0.38 per cent rise in the BSE Sensex and 0.09 per cent gain in the BSE Smallcap index. In the past month, BSE Midcap indeed has gained 3.3 per cent, as against a marginal 0.2 per cent rise in the BSE Sensex. However, the BSE Smallcap index has rallied 5 per cent during the period. Dalmia Bharat, Muthoot Finance, UPL, Vishal Mega Mart and L&T Finance from the BSE Midcap index have hit their respective 52-week highs in intra-day trade today. Stocks driving the rally Among the individual stocks, L&T Finance has surged 5 per cent to ₹212.75 after the non-banking finance company (NBFC) reported a steady performance in June 2025 quarter (Q1FY26) with visible recovery in rural portfolios. Business growth remained a tad slower, excluding acquired portfolio. Collection efficiency remained steady in rural finance, though management commentary is awaited on future trend, ICICI Securities said in a note. Shares of UPL hit a 52-week high of ₹712.75, soaring 4 per cent in intra-day trade. The stock price of pesticides & agrochemicals has rallied 12 per cent on a healthy business outlook. Looking ahead, domestic growth of crop protection market in FY26 is expected to gain momentum, driven by favourable monsoon forecasts, stable commodity prices, and robust sowing activity. On the export front, a recovery is projected in the second half of FY26, as international markets stabilise and inventory destocking by distribution channels nears completion. However, historically low realisations will continue to weigh on growth, preventing a return to the double-digit figures. This comes despite ongoing pricing pressures from oversupply in China, albeit less acute than last year. This trend is expected to persist, resulting in fewer inventory write-offs. Moreover, improved volumes should bolster the sector's profitability. Operating margins are also on a slow path to recovery. Controlled debt and a gradual rebound in operating profitability will help sustain stable debt-protection metrics over the near to medium term, UPL said in its FY25 annual report. Share price of Nippon Life India Asset Management (NAM India) was up 4 per cent to ₹871.1 in intra-day trade. In the past month, the stock has rallied 19 per cent. NAM India is a leading asset manager with a strong track record in India. The company provides a diverse range of investment products, including Mutual Funds, ETFs, Managed Accounts (including AIF and PMS), Offshore Business and GIFT City products, serving a wide base of investors. Given the low level of Mutual Fund penetration in India (only 4 per cent of India's population invests), there exists a vast growth opportunity going forward. This will be further amplified as India continues down its path to become the third largest economy in the world, which will see a gradual increase in Per Capita Income for the population (currently at only $2,500), NAM India said. Analysts at InCred Equities said they appreciate the overall healthy scheme-wise delivery by the industry, which, in turn, continues to attract equity asset under management (AUM). The brokerage firm believes the following key catalysts will continue to aid the inflow momentum - improving capital market sentiment and rising purchasing power, especially of the younger demographic segment, and falling interest rates. Healthy equity fund inflows are aiding the yield movement, and analysts expect overall yields to remain healthy in the medium term.
