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Latest news with #SindhuTradeLinks

Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50

Mint

time5 days ago

  • Business
  • Mint

Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50

Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹ 50. The brokerage expects Sindhu Trade Links Ltd., which is up more than 5% in intraday trades on Monday, to gain close to 10% more. The Sindhu Trade Links share price that opened at ₹ 32.49 on the BSE on Monday was up 4% at the time of opening. The Sindhu Trade Links share price thereafter gained further to intraday highs of ₹ 33.41, which meant gains of 7% over the previous day's close. The Sindhu Trade Links share price was trading close to ₹ 32.80 levels. Thereafter, Anand Rathi Research expects more upside for the stock. The small-cap stock under ₹ 50, Sindhu Trade Links, remains the pick of the month for Anand Rathi Investment Services. The analyst at Anand Rathi Investment Services, Jigar Shantilal Patel, has given a target price of ₹ 36 for Sindhu Trade Links share price. The time period specified by Anand Rathi Investment Services to achieve the said target price for Sindhu Trade Links share price, though, stood at 1 month; nevertheless, Sindhu Trade Links share price already is seeing sharp gains. As per Anand Rathi Investment Services, the technical setup indicates a bullish opportunity for Sindhu Trade Links share price. Sindhu Trade Links, or SINDHUTRAD, has given a clean breakout above its yearly Camarilla pivot level around ₹ 29.80 and is currently sustaining above it. This breakout is technically significant, as it coincides with the VWAP higher band, offering strong support at current levels, as per Anand Rathi. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, Anand Rathi had advised going long in the ₹ 31-29 zone, with an upside target of ₹ 36. A stop-loss, however, should be placed below ₹ 27 on a daily closing basis to manage risk effectively, as per Anand Rathi.

Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under  ₹50
Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under  ₹50

Mint

time5 days ago

  • Business
  • Mint

Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹50

Stock to buy for short-term: Anand Rathi sees big upside in THIS small-cap stock under ₹ 50. The brokerage expects Sindhu Trade Links Ltd., which is up more than 5% in intraday trades on Monday, to gain close to 10% more. The Sindhu Trade Links share price that opened at ₹ 32.49 on the BSE on Monday was up 4% at the time of opening. The Sindhu Trade Links share price thereafter gained further to intraday highs of ₹ 33.41, which meant gains of 7% over the previous day's close. The Sindhu Trade Links share price was trading close to ₹ 32.80 levels. Thereafter, Anand Rathi Research expects more upside for the stock. The small-cap stock under ₹ 50, Sindhu Trade Links, remains the pick of the month for Anand Rathi Investment Services. The analyst at Anand Rathi Investment Services, Jigar Shantilal Patel, has given a target price of ₹ 36 for Sindhu Trade Links share price. The time period specified by Anand Rathi Investment Services to achieve the said target price for Sindhu Trade Links share price, though, stood at 1 month; nevertheless, Sindhu Trade Links share price already is seeing sharp gains. As per Anand Rathi Investment Services, the technical setup indicates a bullish opportunity for Sindhu Trade Links share price. Sindhu Trade Links, or SINDHUTRAD, has given a clean breakout above its yearly Camarilla pivot level around ₹ 29.80 and is currently sustaining above it. This breakout is technically significant, as it coincides with the VWAP higher band, offering strong support at current levels, as per Anand Rathi. The confluence of these factors suggests bullish momentum is likely to continue. Therefore, Anand Rathi had advised going long in the ₹ 31-29 zone, with an upside target of ₹ 36. A stop-loss, however, should be placed below ₹ 27 on a daily closing basis to manage risk effectively, as per Anand Rathi. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Multibagger small-cap stock surges 23% in July, 148% in 4 months. Is it in your portfolio?
Multibagger small-cap stock surges 23% in July, 148% in 4 months. Is it in your portfolio?

Mint

time11-07-2025

  • Business
  • Mint

Multibagger small-cap stock surges 23% in July, 148% in 4 months. Is it in your portfolio?

Small cap multibagger stock in focus: Sindhu Trade Links, a small-cap stock with a market capitalization of ₹ 5,000 crore, has been buzzing on the Indian stock market as its share price has steadily climbed in recent months without any significant pullback, gaining another 23% so far in July. The stock began its one-way rally in mid-March at around ₹ 13 apiece and has continued its upward climb, currently trading at ₹ 32, marking a sharp gain of 148% in just 4 months. Notably, the stock has maintained its upward momentum even as the broader Indian market has faced heightened volatility over the past month. Despite its recent strong performance, the stock remains 42% below its all-time high of ₹ 55.40 apiece, which it had touched in February 2022. As part of its ongoing efforts to diversify and expand into strategic and future-critical sectors, the company's Board of Directors, in a meeting held on Thursday, approved a long-term growth strategy focused on critical minerals and metals. This move builds upon the National Critical Mineral Mission of India and reflects rising global demand for such resources, driven by infrastructure expansion. As part of this strategy, the company announced that it will explore potential investments and acquisition opportunities in the lithium and rare earth element (REE) mining sectors, both in India and abroad. It has also shortlisted a few potential targets for the mining of metals such as iron ore, which are considered vital for both India and global infrastructure development. To pursue these opportunities, the company plans to participate in upcoming block auctions in India through strategic alliances and aims to acquire mineral blocks domestically as well as overseas to fast-track development timelines. Additionally, the company stated it is considering deploying up to USD 100 million in suitable projects or ventures, either directly or through subsidiaries or strategic joint ventures, focused on securing upstream resources essential for the energy transition, electric mobility, and advanced electronics industries. Sindhu Trade Links Ltd is currently engaged in providing support services for coal mining and logistics transportation. The company was previously active in non-banking financial services (NBFC) but exited that space after surrendering its NBFC license. It now operates as part of a broader conglomerate with interests spanning overseas coal mining (through Param Mitra Resources Pte. Ltd.), food processing infrastructure development (via Indus Best Mega Food Park Pvt. Ltd.), and biomass-based power generation (through Sudha Bio Power Pvt. Ltd.), its website showed. 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 taking any investment decisions.

Small-cap stock under ₹50 jumps despite sell-off in stock market today; here's why
Small-cap stock under ₹50 jumps despite sell-off in stock market today; here's why

Mint

time10-07-2025

  • Business
  • Mint

Small-cap stock under ₹50 jumps despite sell-off in stock market today; here's why

Small-cap stock Sindhu Trade Links rose over 6% on Thursday's session despite sell-off in stock market today. The Small-cap stock was trading in green following the board of directors of the company approved plan of exploration of opportunities in lithium and rare earth mining. The company announced in an exchange filing that the board has evaluated and approved to implement a long-term growth strategy centered on critical minerals and metals, building on India's National Critical Mineral Mission and the rising global demand for these resources driven by infrastructure development. The company will seek potential investment and acquisition opportunities in the sectors of Lithium Mining and rare Earth Element (REE) mining, both domestically and internationally, as well as in the mining of metals like Iron Ore, which are essential for infrastructure development in India and worldwide. According to the exchange filing, the board also reviewed and approved the pursuit of acquiring mines in Indonesia that come with integrated infrastructure and a solid track record of successful greenfield mines along with related facilities. Additionally, the board discussed the possibility of investing in a solar power project in the future. Sindhu Trade Links Ltd is a multifaceted company mainly concentrating on logistics and transportation services. The company's subsidiaries operate in various fields, including media, international coal mining, and power generation from biomass. In the quarterly results for Q4FY25, the company disclosed net sales of ₹ 297.35 crore and a net loss of ₹ 58.98 crore, while in its half-yearly figures for H2FY25, it reported net sales of ₹ 807.46 crore along with a net loss of ₹ 66.45 crore. For the full fiscal year FY25, the company recorded net sales amounting to ₹ 1,731.10 crore (a 3% increase year-over-year) and a net profit of ₹ 121.59 crore (up 72% year-over-year). Additionally, the company reduced its debt by 63.4 percent, bringing it down to ₹ 372 crore in FY25 compared to FY24. Sindhu Trade Links share price today opened at ₹ 33.40 apiece on the BSE, the stock an intraday high of ₹ 34.74 per share, and an intraday low of ₹ 31.70 apiece. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Sindhu Trade Links share price are trading flat in today's session. However, the stock had witnessed decent traction recently, rallying from ₹ 24 to ₹ 38 before retracing to ₹ 33, thereby giving up around 50% of its recent gains. Overall, the broader uptrend is expected to continue, with immediate support seen around ₹ 30, while resistance lies in the ₹ 35–36 zone.

Small-cap stock under  ₹50 jumps despite sell-off in stock market today; here's why
Small-cap stock under  ₹50 jumps despite sell-off in stock market today; here's why

Mint

time10-07-2025

  • Business
  • Mint

Small-cap stock under ₹50 jumps despite sell-off in stock market today; here's why

Small-cap stock Sindhu Trade Links rose over 6% on Thursday's session despite sell-off in stock market today. The Small-cap stock was trading in green following the board of directors of the company approved plan of exploration of opportunities in lithium and rare earth mining. The company announced in an exchange filing that the board has evaluated and approved to implement a long-term growth strategy centered on critical minerals and metals, building on India's National Critical Mineral Mission and the rising global demand for these resources driven by infrastructure development. The company will seek potential investment and acquisition opportunities in the sectors of Lithium Mining and rare Earth Element (REE) mining, both domestically and internationally, as well as in the mining of metals like Iron Ore, which are essential for infrastructure development in India and worldwide. According to the exchange filing, the board also reviewed and approved the pursuit of acquiring mines in Indonesia that come with integrated infrastructure and a solid track record of successful greenfield mines along with related facilities. Additionally, the board discussed the possibility of investing in a solar power project in the future. Sindhu Trade Links Ltd is a multifaceted company mainly concentrating on logistics and transportation services. The company's subsidiaries operate in various fields, including media, international coal mining, and power generation from biomass. In the quarterly results for Q4FY25, the company disclosed net sales of ₹ 297.35 crore and a net loss of ₹ 58.98 crore, while in its half-yearly figures for H2FY25, it reported net sales of ₹ 807.46 crore along with a net loss of ₹ 66.45 crore. For the full fiscal year FY25, the company recorded net sales amounting to ₹ 1,731.10 crore (a 3% increase year-over-year) and a net profit of ₹ 121.59 crore (up 72% year-over-year). Additionally, the company reduced its debt by 63.4 percent, bringing it down to ₹ 372 crore in FY25 compared to FY24. Sindhu Trade Links share price today opened at ₹ 33.40 apiece on the BSE, the stock an intraday high of ₹ 34.74 per share, and an intraday low of ₹ 31.70 apiece. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, Sindhu Trade Links share price are trading flat in today's session. However, the stock had witnessed decent traction recently, rallying from ₹ 24 to ₹ 38 before retracing to ₹ 33, thereby giving up around 50% of its recent gains. Overall, the broader uptrend is expected to continue, with immediate support seen around ₹ 30, while resistance lies in the ₹ 35–36 zone. 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 taking any investment decisions.

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