Latest news with #JigarPatel
Mint
5 days ago
- Business
- Mint
Stock to buy: Anand Rathi predicts THIS multibagger small-cap stock to rise 15% in 1 month. Here's why
Stock to buy: Indian brokerage firm, Anand Rathi Investment Services, disclosed its bullish stance and predicted a 15% upside for the Venus Pipes & Tubes shares in the upcoming one-month period. Anand Rathi's stock report highlighted that the shares of the iron and steel products maker have witnessed a clean breakout from a weekly inverse head-and-shoulder pattern, along with strong volume, indicating a shift in the trend sentiment. The brokerage firm also said the current RSI is placed near the 58 level, which is further supporting the bullish bias of the stock. 'The RSI on the weekly timeframe has reversed from the 50 level and is currently placed near 58, further supporting the bullish bias,' said the analysts at Anand Rathi in their stock report. 'This technical setup suggests a continuation of upward momentum,' they said. Venus Pipes & Tubes is a manufacturer and exporter of stainless steel pipes and tubes, catering to sectors like chemicals, engineering, fertilisers, and pharmaceuticals, according to the company data. Venus Pipes & Tubes Ltd (VENUSPIPES): Buy in the range of ₹ 1,600 to ₹ 1,540; Target Price at ₹ 1,815; Stop Loss at ₹ 1,440. 'We recommend going long in the ₹ 1,600 to ₹ 1,540 range, with an upside target of ₹ 1,815. A stop-loss should be placed below ₹ 1,440 on a daily closing basis to protect against any adverse move,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers in the report. Venus Pipes & Tubes shares closed 1.19% higher at ₹ 1,617.75 after Monday's stock market session, compared to ₹ 1,598.75 at the previous market session. The shares of the stainless steel pipes and tubes maker have given stock market investors more than 388% returns on their investments in the last five years. However, the shares are down 26.33% in the last one-year period. On a year-to-date (YTD) basis, the shares have gained 3.19% in 2025, and are trading 4.11% higher in the last five trading sessions on the Indian stock market. Venus Pipes & Tubes share hit their 52-week high level at ₹ 2,448 on 29 August 2024, while the 52-week low level at ₹ 968.80 on 1 April 2025, according to the data collected from the BSE. The company's market capitalisation (M-Cap) was at ₹ 3,294.89 crore as of the stock market close on Monday, 14 July 2025. 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.
Hans India
01-07-2025
- Climate
- Hans India
Monsoon fashion for the desi romantic
Monsoon is not just a season - it is another cinematic universe. Think about it: brooding skies, gentle rains, tangled hair, soulful melodies, and of course, a choli that wraps just right, making you feel like you walked out of a 90's love song. The desi romantic does not simply exist in the rain- she thrives in it. While the rest of the world reaches for hoodies and crocs, we are swishing around in bandhni skirts, slurping masala chai under dupattas, and splashing in puddles poetically. 'Desi fashion in monsoon can be a slippery slope (literally and figuratively). Heavy silks, dragging hemlines, and clingy synthetics can transform your Bhool Bhulayya style into a soggy mess before you can say 'we have to save this outfit!' This is where easy, breathable, and downright breezy ethnicwear enters the picture- clothes that move with the air, defies the rain, and can still credibly claim it came out a Sabyasachi day dream.' says Jigar Patel, ,MD of G3+ Fashion Dupatta Drama, But Drape and Dash Rain or no rain, we always have dupatta! Instead of heavy embroideries or multiple layers exhausting the weight capacity of rains, reach for light as a feather mul cottons, chiffons or kota dorias. Consider a belted dupatta look so it does not lift away with the monsoon gust, or your dignity, on behalf of your Punjabi pride. Choli But Chill The choli is taking on the monsoon too! Instead of heavy velvet, brocade or the goddess of all - brocade silk- opt for a breezy ikats, cotton silks, and gamchas. Let the choli be paired with a high-waist skirt, or even palazzos for a flirty enchanted yet functional fit. Bonus? A little bit of skin under the rain has never hurt a desi romantic. Lehenga Lite: Swish Without the Slosh Who says lehengas are just for desi weddings? A lightweight kalidaar cotton or mulmul skirt with a simple crop top or blouse can become your go-to monsoon staple. You get the swirl, the drama, and breathability without the bulk, and heartbreak of getting your lehenga sporting muddy borders. Saree, Not Sorry: The Ultimate Wet-Weather Wrap Stars The monsoon saree is a category all by itself. Keep it easy-to-drape and easy-dry: chanderi, linen, or cotton blends all work. Drape it low, put on a quirky blouse, let down your hair. Nothing beats a wet saree moment even if you're just running down for a cup of chai! Desi fashion doesn't have to be left alone in the rhubarb when the clouds come calling. In fact, it should cry out! Through the undulations of you skirt, the flutters of your dupatta, the jangling of your anklet in a rain-sodden courtyard. 'Cholis & Chai' is not just a mood it's a lifestyle. One that invites you to romance the rains, the rhythms and most importantly yourself. So, the next time thunder rolls in, don't reach for a raincoat. Reach for that kurta, pour yourself a hot cup of chai and go be the monsoon muse you were born to be.
Mint
26-06-2025
- Business
- Mint
Stock to buy for short term: Analysts see up to 25% upside potential in this multibagger railway stock. Do you own?
Stock to buy for short term: Titagarh Rail Systems share price gained nearly 2% on Thursday, extending its rally for the fifth consecutive session, amid strong buying momentum. Titagarh Rail share price rose as much as 1.95% to ₹ 942.20 apiece on the BSE. The railway stock has jumped 12% in five trading sessions. Titagarh Rail Systems is India's largest wagon manufacturer and has transformed itself into a complete railway transportation company, with its successful entry into the passenger transport sector. The company is also among India's very few integrated manufacturers of passenger rail systems. Analysts believe that the PRS division is at an inflection point from where it can become a dominant revenue contributor for the company over the medium term. The company caters to both domestic and export markets. It is the only Indian company that manufactures both wagons and coaches. It commands a market share of 25-30% in the wagon manufacturing industry. Antique Stock Broking, in a recent note, said that it believes Titagarh Rail Systems has the strategy and the plan ready for sustained growth in the long term. It expects the company to report 37% earnings CAGR over FY25-27E, and generate strong RoE and RoCE of 18% and 21% in FY27. The brokerage firm retained a 'Buy' rating on Titagarh Rail Systems shares with a target price of ₹ 1,099 apiece (26x its FY27E EPS). Titagarh Rail Systems share price has recently witnessed a reversal from its previous breakout zone, accompanied by rising volumes and a rebound in the daily RSI from the 40 mark — an area that often signals a shift in momentum, according to Anand Rathi. A similar supportive structure is visible on the weekly RSI, aligning well with the ongoing price action, it added. Considering these technical cues, Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers recommends accumulating Titagarh Rail Systems shares in the ₹ 930 – ₹ 870 zone for an upside potential towards ₹ 1,150, with a stop-loss placed at ₹ 775 on a daily closing basis. Titagarh Rail Systems share price target implies an upside potential of 25% from its Wednesday's closing price. The timeframe for the trade is three months. Titagarh Rail Systems share price has gained 3% in one month, and 17% in three months. The railway stock is down 15% on a year-to-date (YTD) basis, and has fallen 47% in the past one year. However, Titagarh Rail Systems share price has jumped 92% in two years, and has delivered multibagger returns of 2,550% in the past five years. At 10:55 AM, Titagarh Rail Systems share price was trading 1.07% higher at ₹ 933.95 apiece on the BSE. Disclaimer: 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.
Mint
25-06-2025
- Business
- Mint
Stock to buy: Anand Rathi predicts Titagarh Rail Systems shares to rise 27% in 3 months. Here's why
Stock to buy: In a stock report on Wednesday, 25 June 2025, Anand Rathi Investment Services disclosed its bullish stance on Titagarh Rail Systems Limited shares. The Indian brokerage firm predicts a 27% upside for the railway freight maker stock in the upcoming three-month period. Anand Rathi highlighted that the shares of Titagarh Rail have witnessed a trend reversal from their previous breakout zone. With the rising volume in shares and a rebound in the daily Relative Strength Index (RSI) from the 40 mark, the shares are likely to signal a shift in momentum. 'A similar supportive structure is visible on the weekly RSI, aligning well with the ongoing price action,' said the analysts at Anand Rathi in the stock report. Incorporated in 1997, the railway and industrial products maker currently holds a 25-30% market share in the railway wagon manufacturing industry. The company's product portfolio includes freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipment, bridges, and ships. Titagarh Rail Systems Ltd (TITAGARH): Buy at ₹ 930 to ₹ 870 range; Target Price at ₹ 1,150; Stop Loss at ₹ 775 daily close basis. 'We recommend accumulating the stock in the ₹ 930– ₹ 870 zone for an upside potential towards ₹ 1,150, with a stop-loss placed at ₹ 775 on a daily closing basis,' recommended Jigar Patel, Senior Manager of Equity Research at Anand Rathi Share and Stock Brokers in the report. Shares of Titagarh Rail Systems closed flat at ₹ 924.10 in the afternoon session on Wednesday, 25 June 2025, compared to ₹ 923.10 at the previous market close. The shares of the multibagger railway products maker have given stock market investors more than 2,500 per cent returns on their investment in the last five years. However, the shares have lost 42.89 per cent in the last one-year period. On a year-to-date (YTD) basis, Titagarh Rail Systems stock is trading 16.66 per cent lower, but has gained 6.26 per cent in the last five stock market sessions. The shares hit their 52-week high level at ₹ 1,896.50 on 27 June 2024, while the 52-week low levels were at ₹ 655.30 on 4 March 2025, according to the BSE data. The company's market capitalisation (M-Cap) was at ₹ 12,445.20 crore as of the stock market close on Wednesday, 25 June 2025. Read all stories by Anubhav Mukherjee 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.
Fashion Value Chain
24-06-2025
- Business
- Fashion Value Chain
CMAI Opens 81st NGF with Kidswear Focus in Mumbai
The 81st National Garment Fair (NGF), organised by the Clothing Manufacturers Association of India (CMAI), kicked off its Autumn-Winter Kidswear Edition today at the Bombay Exhibition Centre, Mumbai. With over 590 brands and a show space of 3.5 lakh sq. ft. across three halls, this phase of NGF focuses exclusively on children's apparel and is expected to draw more than 20,000 buyers from across the country. The event was inaugurated by leading kidswear retailers including Jigar Patel (G3+, Surat), Alok Kumar Agarwal (Paridhan, Kolkata), Vijay Jain (Big Shop, Ranchi), and other industry veterans. Together, they represent 73 kidswear stores across 16 lakh sq. ft. of retail space. CMAI President Santosh Katariya shared that the kidswear segment in India is currently valued at $24 billion, with rising demand for both traditional and contemporary designs. Online retail, cultural preferences, and innovation are expected to fuel further growth. Rohit Munjal, Vice President and Chairman of CMAI's Fair Sub-Committee, emphasized that this focused format ensures better visibility and sharper business outcomes for the children's segment, while Anand Chokshi, Joint Chairman, added that the growing interest in eco-conscious materials like organic cotton and GOTS-certified garments signals a shift in consumer preferences. With vibrant engagement from serious buyers and leading brands such as Peppermint, Stride Jr, Anokkhi, and Toffyhouse, the Kidswear Edition reflects a thriving market and growing demand. The second phase of the 81st NGF, featuring Men's and Women's Wear, will follow from July 14–16, 2025, at the same venue, with a unified registration system granting access to both editions.
