Equitymaster

2023-05-13 15:07:18 Top 5 Stocks Mutual Funds Bought and Sold in April 2023

A look at what India's top equity mutual funds bought and sold in April 2023.

April 2023 Mutual Fund Activity

Here’s an extract…

According to experts, inflows for April were lower as there was no clear direction for retail investors to follow. Benchmark indices were rangebound. The other reason could be profit booking.

Many say that the inflows for May 2023 would be much higher than April 2023 as FIIs are coming back to India. This will boost retail investors’ confidence.

Read on for more…

http://www.eqtm.in/Zb8f6 Open / Comment

2023-05-13 14:58:50 Why L&T Share Price is Falling

After rallying non-stop on the back of significant and growing order-book, L&T shares have hit a roadblock. What next?

L&T Stock Falls

Here’s an extract…

In recent months, the share price of L&T was racing ahead like an F1 race car. The company touched a new 52-week high price multiple times last month.

Just ten days ago, on 2 May 2023, it again touched a 52-week high price of Rs 2,416.

However, L&T’s race car hit a bump on 11 May 2023. In just a single day, L&T's share price slipped 5% and 2% on the next day.

Let’s find out why…

http://www.eqtm.in/Ln4s3 Open / Comment

2023-05-13 10:57:38 Insider Buying Alert: Examining Promoter Holding Changes in these 6 Stocks

While promoter holding is an important parameter, it should not be the sole reason for buying a stock.

Promoter Buying in These Stocks

Here’s an extract…

Of all the stakeholders, it is the promoters who know the most about their businesses, and future potential.

If they are willing to part with their personal money to buy shares from open market, there is good possibility they believe the stock is undervalued and the stock will potentially witness gains in the future.

So, with this in mind, we outline and study the top stocks that Indian promoters have bought and sold in May 2023 so far.

http://www.eqtm.in/o3RJe Open / Comment

2023-05-12 15:15:36 Why Dr Reddy's Lab Share Price is Falling

Dr Reddy’s Lab shares tumbled 5%, even after reporting a ten-fold jump in Q4 net profit. Here’s why.

Dr Reddy’s Lab Stock Falls

Here’s an extract…

On 5 May 2023, Dr Reddy's Laboratories, one of the best pharma companies in India, saw its shares hit a 52-week high of Rs 4,989, signaling positive investor sentiment.

However, the company's fortunes changed quickly, as just days later, shares plummeted by 6.6% in a single day.

This sudden turn of events has caught investors off guard.

Let's find out what triggered the selloff.

http://www.eqtm.in/Fx8k3 Open / Comment

2023-05-12 14:05:14 Why Latent View Analytics Share Price is Falling

Find out why the stock of India’s first listed data analytics firm is slipping on the bourses.

Latent View Stock Falls

Here’s an extract…

The IPO of Latent View Analytics received an overwhelming response from all categories as it subscribed by 326.5 times in November 2021. The Rs 6 billion (bn) IPO had a price range of Rs 190-197 per share.

The stock made a strong market debut on 23 November 2021 with a premium of 169%. Within three days of listing the company’s share price gained 44%. However, after the initial gains, the rally came a halt.

As things stand now, shares of the company have slipped over 10% in just five days. Investors went on a selling price earlier this week on 10 May 2023 and it closed at Rs 372.8.

Read on to know why Latent View Analytics share price is falling.

http://www.eqtm.in/Pm7w4 Open / Comment

2023-05-12 13:52:48 Stock Market Update - Sensex Today Ends 123 Points Higher | Glenmark Pharma Jumps 6% | Eicher Motors, M&M Among Top Gainers

Indian share markets end marginally higher. The BSE Sensex closed higher by 123 points while the Nifty rose 18 points.

http://www.eqtm.in/Jw47X Open / Comment

2023-05-12 13:14:08 Undervalued Gems: 5 Midcap Stocks Hitting 52-Week Lows. Time to Take a Look?

Here’s a list of 5 midcap stocks available at attractive valuations.

Midcaps at 52-Week Lows

Here’s an extract…

As the Indian stock market continues to fluctuate, investors are on the lookout for undervalued stocks, especially midcaps.
These stocks have the potential to deliver robust returns in the long run.

Midcap stocks offer a balance of growth and stability, making them a favourite among investors.

Here are five that have recently hit their 52-week lows.

http://www.eqtm.in/c4CDn Open / Comment

2023-05-12 10:40:53 Ignore Earnings Guidance. Here's a Better Indicator of Business Potential

When too many people invest based on news and tips, it often becomes a self-fulfilling prophecy, but only for the short term.

How to Find True Potential of a Business

Here’s an extract…

I don’t intend to undermine earnings season and ensuing calls. It’s a rare opportunity for retail investors and analysts to interact with the management in public.

But then there is a concept of marginal utility of information and its dissemination.

Beyond a point, it diminishes. I have a problem with how the earnings reports are read and interpreted.

Read on for more…

http://www.eqtm.in/Ls9x3 Open / Comment

2023-05-12 09:09:19 Stock Market Update - Sensex Today Trades Lower | Zee Entertainment Sinks 5% | Power Grid & NTPC Top Losers

Indian share markets are trading on a negative note with the Sensex down by 173 points, while the Nifty is trading lower by 54 points.

http://www.eqtm.in/m4HLy Open / Comment

2023-05-12 05:50:22 Stock Market Update - SGX Nifty Down 63 Points | Asian Paints Q4 Results & Final Dividend | Why Adani Enterprises Share Price Is Rising | Top Buzzing Stocks to Watch Today

Top cues to track in today's stock market session.

http://www.eqtm.in/r8G9K Open / Comment