At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 420.95 points or 0.57 per cent.

The stock gave multibagger returns of 248 per cent in just 1 year, 1,430 per cent in 3 years and a whopping 12,850 per cent in a decade.

As of March 2024, Chirag Dilipkumar Lakhi – son of Dilipkumar Lakhi owns a 1.79 per cent stake and Atim Kabra owns a 1.78 per cent stake in the company.

About 1,571 stocks were advancing compared to 539 stocks that were declining, indicating a positive sentiment in the broader market.

The stock gave multibagger returns of 155 per cent in just 1 year whereas BSE Industrials Index is up by 82 per cent.

While we may have missed some stocks, our adherence to these values has brought us great success, making us one of India's top 10 PMS performers.

The stock delivered multibagger returns, with eye-popping gains of 165 in just 1 year, 1,335 per cent in 3 years, and a staggering 1,830 per cent in 5 years.

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 265 per share.

The stock is up by 71.6 per cent from its 52-week low of Rs 11.49 per share and multibagger returns of 243 per cent in 3 years.

Market volatility, as indicated by India VIX, has declined by 5.63 per cent, reflecting a decrease in market volatility.

The company has a market cap of over Rs 1,00,000 crore and has delivered good profit growth of 37 per cent CAGR over the last 5 years.

The broader markets were in the green territory, with the BSE Mid-cap Index up 0.93 per cent and the BSE Small-cap Index up 1.26 per cent.

On April 19, 2024, foreign institutional investors (FII) bought shares worth Rs 129.39 crore, while domestic institutional investors (DII) offloaded shares worth Rs 52.50 crore.

From Rs 23.16 per share (52-week low) to Rs 70.39 per share, the stock gave multibagger returns of over 200 per cent.

The shares of the company have an ROE of 99.5 per cent and an ROCE of 66.5 per cent.

The broader market sentiment is positive, with 2,701 stocks advancing compared to 1,052 stocks declining.

The stock gave multibagger returns of 196 per cent in just 1 year whereas BSE Small-Cap Index is up by 62.5 per cent.

From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 5.20 per share, the stock gave 95.5 per cent returns.

The stock is down by 29.6 per cent from its 52-week high of Rs 1,377.10  per share while it gave multibagger returns of 198.3 per cent from its 52-week low of Rs 311.69 per share.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 557.80 points or 0.76 per cent.

The stock gave multibagger returns of 250 per cent from its 52-week low of Rs 5.87 per share.

The stock gave multibagger returns of over 100 per cent in just 1 year and a whopping 800 per cent in 3 years.

Market volatility, as indicated by India VIX, has surged by 3.2 per cent, reflecting an increase in market volatility.

The stock gave multibagger returns of 249 per cent in just 1 year.

Mutual Funds are managed by competent professionals who ensure that the portfolios are designed and managed as per the scheme mandate and extant regulations.

For investors' convenience, both regular and direct plans will be available, with growth options offered in each. The entry barrier is kept low, with a minimum investment amount and minimum SIP (Systematic Investment Plan) investment amount set at Rs 500, allowing investors of varying budgets to participate.

The stock gave multibagger returns of 140 per cent in just 1 year whereas BSE Sensex Index is up by 23 per cent. 

The stock gave multibagger returns of 277 per cent in just 1 year while the BSE Sensex Index is up by 23 per cent.

The shares of the company have a PE of 9.11x whereas the industry PE is 72.46x with an ROE of 20.2 per cent and an ROCE of 24.1 per cent. 

Here's a deep dive and exclusive details of JNK India Ltd’s IPO.

The stock gave multibagger returns of 151 per cent in just 1 year and a whopping 675 per cent in 3 years.

The stock is up by 55 per cent from its 52-week low of Rs 599.90 per share

The broader markets were in mixed territory, with the BSE Mid-cap Index down 0.39 per cent and the BSE Small-cap Index up 0.04 per cent.

On April 18, 2024, foreign institutional investors (FII) offloaded shares worth Rs 4,260.33 crore, while domestic institutional investors (DII) bought shares worth Rs 2,285.52 crore.

While there are many investment choices available in India's changing investment management scene, people with limited earning timeframes must focus on preserving and managing their wealth well.

The Return on Capital Employed (ROCE) is robust at 16.0 per cent, with a Return on Equity (ROE) of 12.4 per cent, reflecting efficient management and profitability.

Overall, the broader market sentiment is negative, with 1,064 stocks advancing compared to 2,360 stocks declining.

From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 4.99 per share, the stock gave 87.6 per cent returns.

By 9.15 am, the index stood at 71,856.32 signifying a loss of 632.67 points or 0.89 per cent over its previous closing. 

The indicators and measurements that technical analysts use to determine the trend are not crystal balls that perfectly predict the future. Under certain market conditions, these tools may not work. Also, a trend may suddenly change direction without warning. Thus, the technical investor must be aware of risks and protect against such occurrences causing losses.

The stock is up by 61 per cent from its 52-week low of Rs 195 per share.

By understanding how emotions and biases influence markets, and by leveraging AI's analytical power, investors can make smarter decisions and achieve their financial goals.

In broader market sentiment, 880 stocks advanced compared to 1,207 stocks declining, indicating a negative outlook.

The stock gave multibagger returns of 340 per cent in just 1 year, 560 per cent in 3 years and a whopping 4,460 per cent in a decade.

Recommendations Based on Street Talk 

The shares of the company have a PE of 17.6x, an ROE of 24 per cent and an ROCE of 32 per cent.

Expert guidance to subscribers’ queries on stocks held by them.

This indicator measures the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages.

Review of 1 stock recommended in the past

1 stock recommendation each based on Fundamental and Technical analysis along with timely review to provide you with handsome profits.

Coupled with the index's proximity to key support levels around 21,900-22,000, the market finds itself at a pivotal juncture.

Technical Analysis of 1 stock (with 15-day horizon).

The shares of the company saw a spurt in volume by more than 1.50 times on BSE.  

Market volatility, as indicated by India VIX, has surged by 2.08 per cent, reflecting an increase in market volatility.

The Onward Tech team is strategically aligned to deliver digital and engineering services to Automotive, Rail, Industrial Equipment, Heavy Machinery, and Healthcare Original Equipment Manufacturers (OEMs) from North America and Europe.

The Nifty Next 50 index has a 71 per cent correlation and a Beta value of 0.95 with the Nifty 50 Index. It has a correlation of 90 per cent with Nifty Midcap 150 index in financial year 2024.

As of March 2024, FIIs bought 1,71,000 shares and increased their stake to 2.02 per cent compared to 1.31 per cent in September 2023. 

Interview with Sorbh Gupta, Senior Fund Manager (Equities), Bajaj Finserv Asset Management.

The broader markets were in mixed territory, with the BSE Mid-cap Index down 0.39 per cent and the BSE Small-cap Index up 0.06 per cent.

On April 16, 2024, foreign institutional investors (FII) offloaded shares worth Rs 4,468.09 crore, while domestic institutional investors (DII) bought shares worth Rs 2,040.38 crore.

The primary catalyst for the market's decline was the release of the much-anticipated Consumer Price Index (CPI) data.

Oil prices continued their upward trajectory in the past fortnight, reaching their highest levels since October 2021.

Nandan Denim Ltd (NDL), founded in 1994 and part of the diversified Chiripal Group, is India's largest and the world's fourth-largest integrated denim fabric maker.

The company’s client portfolio comprises leading OEMs in the domestic market and international markets.

From Rs 17.26 to Rs 48.50 per share, the stock gave multibagger returns of 181 per cent in just 256 days.

L ast week, the domestic benchmark indices closed flat on a week-on-week basis but formed a bearish pattern (shooting star) that warrants attention.

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.

The company's shares have an ROE of 71 per cent and an ROCE of 103 per cent

Mutual funds provide several options that allow you to generate tax-efficient regular income and make your money grow at a healthy rate. A systematic withdrawal plan (SWP) can be a smart strategy to achieve both these objectives.

EID Parry (India) Ltd., a part of the Murugappa Group, manufactures sugar, nutraceuticals and ethanol.

Every fortnight, we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.

This section gives a recommendation of a stock having stock price below Rs 150 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

The dynamic Indian market demands adaptability, with multinational companies outsourcing to comply with regulatory policies. Indian firms are also shifting towards asset-light models, focusing on core competencies.

Is rupee cost averaging effective across all market phases, including uptrends, consolidations and downtrends? You probably might not have observed its performance in each phase or may have exited investments upon seeing negative returns. Rakesh Deshmukh takes a closer look at the scenario. 

We had recommended Raymond Ltd. in Volume 38, Issue No. 22 dated Sept 25, 2023— Oct 8, 2023, under the ‘Analysis’ segment.

This column gives you scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year.

Overall market sentiment remains positive, with 2,545 stocks advancing compared to 1,059 stocks declining.

In a diverse and dynamic nation such as India, the pursuit of financial security and prosperity is a common aspiration for many.

With the Lok Sabha elections drawing near, the market will now be closely monitoring the unfolding developments. The current government is sure of securing a majority, and if this goal isn’t met, experts foresee a potential market correction.

The domestic market experienced a period of volatile trading sessions over the last two weeks, predominantly characterised by upward momentum.

Regarding your cover story in the last issue on the recently mandated mutual fund stress test

In the recent magazine issue, read your story on overvalued stocks that need to be sold.

The equity market experienced a significant downturn last week, following a surge in frontline indices to all-time highs. Several factors contributed to this heightened volatility.

The stock gave multibagger returns of 230 per cent returns in just 1 year and a whopping 600 per cent in 3 years.

The Indian mutual fund industry is captivating retail investors like never before. In the last fiscal year alone, there has been an extraordinary surge in Assets Under Management (AUM), witnessing an impressive increase of Rs 14 lakh crore, pushing the total AUM to a record-breaking Rs 53.40 lakh crore at the end of March 2024.

Shoppers Stop is India's foremost retailer, renowned for offering a wide array of fashion and beauty brands.

It's crucial to remember that past performance does not guarantee future results, and real trading involves costs that need to be factored in for accurate risk management and profit analysis.

According to the shareholding pattern, the promoters own 62.71 per cent, FIIs own 0.07 per cent and the public owns 37.22 per cent as of December 2023.

One of the most common and preferred ways of investing in gold among investors is through Sovereign Gold Bonds (SGBs).

From Rs 251.80 per share to Rs 544.20 per share, the stock gave multibagger returns of 116 per cent in just 1 year whereas BSE Healthcare Index is 54 per cent.

The stock has delivered a return of over 1,300 per cent to investors since it was listed on BSE and NSE on April 30, 2022.

As of March 2024, FIIs bought 1,71,000 shares and increased their stake to 2.02 per cent compared to 1.31 per cent in September 2023. 

The stock gave multibagger returns of 300 per cent in just 1 year whereas BSE Small-Cap Index is up by 61 per cent.

These tests compare the benchmark index's price-earnings (PE) ratio against your portfolio, providing crucial information for investment decision-making.

Market volatility, as indicated by India VIX, has surged by 1.2 per cent, reflecting an increase in market volatility.