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Mint
an hour ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 30 July 2025
Stocks to buy under ₹ 100: The key benchmark indices of the Indian stock market closed in the green zone after Tuesday's stock market session. With the mid-cap and small-cap segments outperforming, the benchmark indices snapped their three-day losing streak. The Nifty 50 index closed 0.57% higher at 24,821.10 points, compared to 24,680.90 points at the previous market close. The BSE Sensex index closed 0.55% higher at 81,337.95 points, compared to 80,891.02 points at the previous stock market session. Speaking on the outlook of the Nifty 50 today, analysts at Bajaj Broking said, the 'index formed a bullish engulfing candle in the daily chart, signalling buying demand around the 100-day EMA after three sessions of sharp decline.' 'Going ahead, the index is likely to enter a consolidation phase in the range of 24,500-25,000 in the coming sessions. While a move above 25,000 will open further upside towards the last two weeks' highs, placed at 25,250,' said the brokerage firm. 'Key support is at 24,500–24,400 region, being the confluence of the previous swing low, the 100-day EMA, and the 61.8% Fibonacci retracement level of the recent rally from 23,935 to 25,669 — making it a crucial demand zone that could attract buying interest or pause the ongoing correction,' said the analysts at Bajaj Broking. Regarding stocks to buy today, market experts Vaishali Parekh, the Vice President of Technical Research at Prabhudas Lilladher and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks to buy on Wednesday: HFCL Ltd, Lloyds Engineering Works Ltd, DCW Ltd, and Geojit Financial Services Ltd. 1. HFCL Ltd (HFCL): Buy at 78; Target Price at ₹ 82; Stop Loss at ₹ 76. 2. Lloyds Engineering Works Ltd (LLOYDSENGG): Buy at ₹ 73.20; Target Price at ₹ 79; Stop Loss at ₹ 71. 3. DCW Ltd (DCW): Buy at ₹ 79.50; Target Price at ₹ 85; Stop Loss at 75. 4. Geojit Financial Services Ltd (GEOJITFSL): Buy at ₹ 74; Target Price at ₹ 82; Stop Loss at ₹ 70. Read all stories by Anubhav Mukherjee
Mint
3 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 30 July 2025
Stocks to buy under ₹ 100: The key benchmark indices of the Indian stock market closed in the green zone after Tuesday's stock market session. With the mid-cap and small-cap segments outperforming, the benchmark indices snapped their three-day losing streak. The Nifty 50 index closed 0.57% higher at 24,821.10 points, compared to 24,680.90 points at the previous market close. The BSE Sensex index closed 0.55% higher at 81,337.95 points, compared to 80,891.02 points at the previous stock market session. Speaking on the outlook of the Nifty 50 today, analysts at Bajaj Broking said, the 'index formed a bullish engulfing candle in the daily chart, signalling buying demand around the 100-day EMA after three sessions of sharp decline.' 'Going ahead, the index is likely to enter a consolidation phase in the range of 24,500-25,000 in the coming sessions. While a move above 25,000 will open further upside towards the last two weeks' highs, placed at 25,250,' said the brokerage firm. 'Key support is at 24,500–24,400 region, being the confluence of the previous swing low, the 100-day EMA, and the 61.8% Fibonacci retracement level of the recent rally from 23,935 to 25,669 — making it a crucial demand zone that could attract buying interest or pause the ongoing correction,' said the analysts at Bajaj Broking. Regarding stocks to buy today, market experts Vaishali Parekh, the Vice President of Technical Research at Prabhudas Lilladher and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks to buy on Wednesday: HFCL Ltd, Lloyds Engineering Works Ltd, DCW Ltd, and Geojit Financial Services Ltd. 1. HFCL Ltd (HFCL): Buy at 78; Target Price at ₹ 82; Stop Loss at ₹ 76. 2. Lloyds Engineering Works Ltd (LLOYDSENGG): Buy at ₹ 73.20; Target Price at ₹ 79; Stop Loss at ₹ 71. 3. DCW Ltd (DCW): Buy at ₹ 79.50; Target Price at ₹ 85; Stop Loss at 75. 4. Geojit Financial Services Ltd (GEOJITFSL): Buy at ₹ 74; Target Price at ₹ 82; Stop Loss at ₹ 70. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
2 days ago
- Business
- Economic Times
Aditya Infotech GMP robust at 30% ahead of IPO. Should you subscribe?
The upcoming IPO of Aditya Infotech, known for its CP Plus brand in video surveillance and smart camera systems, is making waves in the grey market. Its shares are trading with a grey market premium (GMP) between Rs 205 and Rs 210 per share, translating to a premium of over 30% above the upper price band of the issue. ADVERTISEMENT This strong premium suggests robust interest from investors even before the public offering opens. The GMP is often seen as an unofficial indicator of investor sentiment and potential listing performance. A 30% premium in the grey market ahead of the IPO indicates that the offering has gained strong traction—possibly due to the company's growing presence in smart security solutions, its diversified portfolio, and its expansive domestic distribution network. The price band for the Aditya Infotech IPO has been set at Rs 640–Rs 675 per share. The IPO seeks to raise a total of Rs 1,300 crore at the upper end of the issue comprises a fresh issue worth Rs 500 crore and an offer for sale (OFS) of Rs 800 crore. The lot size has been fixed at 22 shares, which means retail investors will need a minimum investment of Rs 14,850 at the upper price band. ADVERTISEMENT Not more than 75% of the net offer to Qualified Institutional Buyers (QIBs). Not less than 10% to Retail Individual Investors (RIIs). Not less than 15% to Non-Institutional Investors (NIIs). The issue will be managed by ICICI Securities Limited and IIFL Capital Services Limited, with MUFG Intime India Private Limited appointed as the registrar. ADVERTISEMENT Issue Opens: July 29, 2025 Issue Closes: July 31, 2025 Basis of Allotment Finalization: August 1, 2025 Refunds/ASBA Unblocking: August 4, 2025 Shares Credited to Demat Accounts: August 4, 2025 Tentative Listing Date: August 5, 2025 Listing Exchange: BSE and NSE Also read: NSDL IPO: Issue opens on July 30, here's what you need to know about GMP, issue details Brokerage firm Bajaj Broking has assigned a 'Subscribe for long-term' rating for the issue. ADVERTISEMENT Bajaj Broking noted that from a financial standpoint, the company has reported consistent growth over the last three financial years on a consolidated basis. It posted total income and net profit of Rs 22,955 million and Rs 1,083.11 million in FY23, Rs 27,959.6 million and Rs 1,151.72 million in FY24, and Rs 31,229.26 million and Rs 3,513.69 million in company's average Return on Equity (ROE) and Return on Capital Employed (ROCE) stand at 34.53% and 33.27%, respectively. Based on annualized FY25 earnings, the IPO's asking price implies a price-to-earnings (P/E) ratio of 20.44, while the P/E based on FY24 earnings stands at 60.05. ADVERTISEMENT Aditya Infotech Limited (AIL) is a leading player in video security and surveillance solutions in India, operating under the well-known brand name CP Plus. The company offers a wide range of products including smart home IoT cameras, HD analog systems, advanced network cameras, body-worn and thermal cameras, and AI-powered solutions such as automatic number plate recognition, people counting, and heat FY2025, the company offered 2,986 SKUs and operated across 550+ cities and towns. It caters to both residential and enterprise customers with solutions such as smart Wi-Fi cameras, 4G dash cams, EV station management, IoT automation, and AI-enhanced CCTV systems. Aditya Infotech also provides field management services, door automation systems, and has recently introduced CP PLUS AI, an intelligent surveillance solution featuring advanced analytics. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
2 days ago
- Business
- Time of India
Aditya Infotech GMP robust at 30% ahead of IPO. Should you subscribe?
The upcoming IPO of Aditya Infotech, known for its CP Plus brand in video surveillance and smart camera systems, is making waves in the grey market. Its shares are trading with a grey market premium (GMP) between Rs 205 and Rs 210 per share, translating to a premium of over 30% above the upper price band of the issue. This strong premium suggests robust interest from investors even before the public offering opens. Explore courses from Top Institutes in Please select course: Select a Course Category Cybersecurity Leadership MBA Technology others Data Science Product Management MCA CXO Data Science healthcare Public Policy Others PGDM Management Finance Digital Marketing Data Analytics Project Management Healthcare Design Thinking Artificial Intelligence Degree Operations Management Skills you'll gain: Duration: 10 Months MIT xPRO CERT-MIT xPRO PGC in Cybersecurity Starts on undefined Get Details The GMP is often seen as an unofficial indicator of investor sentiment and potential listing performance. A 30% premium in the grey market ahead of the IPO indicates that the offering has gained strong traction—possibly due to the company's growing presence in smart security solutions, its diversified portfolio, and its expansive domestic distribution network. Aditya Infotech IPO price band and structure The price band for the Aditya Infotech IPO has been set at Rs 640–Rs 675 per share. The IPO seeks to raise a total of Rs 1,300 crore at the upper end of the band. The issue comprises a fresh issue worth Rs 500 crore and an offer for sale (OFS) of Rs 800 crore. The lot size has been fixed at 22 shares, which means retail investors will need a minimum investment of Rs 14,850 at the upper price band. IPO allocation details The IPO structure allocates: Not more than 75% of the net offer to Qualified Institutional Buyers (QIBs). Not less than 10% to Retail Individual Investors (RIIs). Not less than 15% to Non-Institutional Investors (NIIs). The issue will be managed by ICICI Securities Limited and IIFL Capital Services Limited , with MUFG Intime India Private Limited appointed as the registrar. Key IPO dates Issue Opens: July 29, 2025 Issue Closes: July 31, 2025 Basis of Allotment Finalization: August 1, 2025 Refunds/ASBA Unblocking: August 4, 2025 Shares Credited to Demat Accounts: August 4, 2025 Tentative Listing Date: August 5, 2025 Listing Exchange: BSE and NSE Also read: NSDL IPO: Issue opens on July 30, here's what you need to know about GMP, issue details Should you subscribe to the Aditya Infotech IPO? Brokerage firm Bajaj Broking has assigned a 'Subscribe for long-term' rating for the issue. Bajaj Broking noted that from a financial standpoint, the company has reported consistent growth over the last three financial years on a consolidated basis. It posted total income and net profit of Rs 22,955 million and Rs 1,083.11 million in FY23, Rs 27,959.6 million and Rs 1,151.72 million in FY24, and Rs 31,229.26 million and Rs 3,513.69 million in FY25. The company's average Return on Equity (ROE) and Return on Capital Employed (ROCE) stand at 34.53% and 33.27%, respectively. Based on annualized FY25 earnings, the IPO's asking price implies a price-to-earnings (P/E) ratio of 20.44, while the P/E based on FY24 earnings stands at 60.05. About Aditya Infotech Aditya Infotech Limited (AIL) is a leading player in video security and surveillance solutions in India, operating under the well-known brand name CP Plus. The company offers a wide range of products including smart home IoT cameras, HD analog systems, advanced network cameras, body-worn and thermal cameras, and AI-powered solutions such as automatic number plate recognition, people counting, and heat mapping. In FY2025, the company offered 2,986 SKUs and operated across 550+ cities and towns. It caters to both residential and enterprise customers with solutions such as smart Wi-Fi cameras, 4G dash cams, EV station management, IoT automation, and AI-enhanced CCTV systems. Aditya Infotech also provides field management services, door automation systems, and has recently introduced CP PLUS AI, an intelligent surveillance solution featuring advanced analytics. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Mint
15-07-2025
- Business
- Mint
Nifty hovers near crucial support; breakdown below 25K could trigger deeper correction, warn experts
The Indian market continues to trade in a range-bound manner with a negative bias, having ended the last four trading sessions lower. Escalating tariff concerns continue to dampen investor sentiment, while the lack of fresh domestic triggers and uncertainty over a potential trade deal with the US are also weighing on the market. Although the domestic economy is expected to regain strength in the current fiscal year—supported by improving liquidity conditions, a healthy monsoon, and strengthening urban consumer demand—these positives appear to be largely priced into the market. The ongoing earnings season, which started off on a muted note, will be important to watch. The way results unfold could play a key role in shaping market sentiment and easing some of the valuation worries, especially since India remains one of the most expensive markets in Asia. With bears continuing to dominate Dalal Street since the start of the July, the Nifty 50 has declined sharply, falling 600 points to close slightly above the 25,000 mark at 25,082 in yesterday's session. Analysts expect a deeper correction if the index breaks below the crucial 25,000 level. The index has been trading above 25,000 since June 24. After a gap of seven months, it reclaimed this level in mid-May. Hardik Matalia, Derivative Analyst - Research at Choice Equity Broking Private Limited, said that Nifty 50 formed a bearish-bodied candle with a lower wick on the daily chart, indicating selling dominance but also highlighting some buying support at lower levels. Matalia noted that on the downside, the 25,000 level remains a strong support, and he expects that a decisive breach below this could trigger extended selling pressure, dragging the index towards the 24,700 zone. On the upside, Matalia added that immediate resistance is placed around 25,200, followed by a strong hurdle in the 25,350–25,500 range. Meanwhile, analysts at Bajaj Broking Research said the index formed a bear candle with a long lower shadow around the psychological 25,000 level. Bajaj Broking noted that the Nifty continues to form lower highs and lower lows, highlighting a corrective decline for the fourth session in a row on Monday. They added that it's worth noting the index has taken 11 sessions to retrace just 50% of the previous 11-session up move (from 24,473 to 25,669). According to Bajaj Broking Research, this shallow pullback suggests the overall trend remains positive. They pointed out that Nifty has strong support between 24,900 and 25,100, which aligns with the 50-day EMA, a past breakout zone, and a rising trendline. Analysts expect the index to hold this support and bounce back towards 25,500–25,600 in the coming sessions. They view the current decline as a buying opportunity. However, they cautioned that if Nifty breaks below 24,900, it may temporarily halt the short-term upward trend. 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.
