DM Stocks

2023-01-06 06:56:24 Voltas chart...seeing volumes.....high chance selling may have been absorbed seeing last2 days volumes Open / Comment

2023-01-06 06:24:21 Dated note on Mukand....now that 800 cr has come in...note explains how debt will reduce Open / Comment

2023-01-05 12:56:45 https://www.moneycontrol.com/news/business/real-estate/keystone-realtors-rustomjee-enters-mumbai-eastern-suburbs-with-rs-1000-crore-project-9816631.html Open / Comment

2023-01-05 09:48:37 Ahmedabad real estate is changing...will be interesting to track developments of Ahmedabad players like Ganesh Housing going ahead Open / Comment

2023-01-04 07:30:27 CERC asks Tata Power to share profits for Mundra Power Plant.....this is negative for Tata Power Open / Comment

2023-01-04 06:51:07 Sun Pharma chart Open / Comment

2023-01-04 06:47:59 CLSA upgrades Indusind Bank
Upgrade IIB to BUY and raise TP to Rs1,500 as we believe IIB will benefit from cyclical recovery in CVs/MFIs and valuations after the 6mnts underperformance is reasonable. Open / Comment

2023-01-04 06:26:52 CLSA on Axis Bank Open / Comment

2023-01-04 05:10:59 Cement - Demand remains strong, prices stable in Dec'22
Our channel checks suggest industry demand likely grew in high single-digit YoY and low double-digit MoM during Dec'22 as the busy construction season sets in. Accordingly, industry is likely to see ~10% YoY volume growth (3-yr CAGR of ~4%) and (8% QoQ) in 3QFY23 aided by low base of east and south. Average pan-India prices in Dec'22 remain broadly flat MoM / up 7% YoY as ~2% MoM decline in prices in east and south regions were offset by higher prices in north and Gujarat regions. Dealers suggest companies may attempt price hikes of INR 10-20/bag across regions in Jan'23. With petcoke and imported coal prices declining 15%-20% from the peak, benefits of which should start reflecting from 2HFY23 onwards, we believe the worst in terms of margin could be behind us. While near term sector stock performance would still be driven by the spread between fuel prices and cement prices, we believe risk-reward remains favorable in the medium term, as margins expand led by likely lower costs and increased consolidation. We reiterate our positive stance on the sector. UTCEM and SRCM are our top picks. We also like JKCE and JKLC. Key risks: lower demand/ prices and higher costs escalations. Open / Comment

2023-01-02 07:04:22 Tata Steel Open / Comment