MULTIBAGGER ITC
ITC, Bharti Airtel’s weight may go up in Nifty rejig. $95 million passive inflows expected
ITC and Bharti Airtel’s weights in Nifty is expected to go up in the quarterly rejig which gets into effect on Thursday, triggering combined inflows of $95 million according to estimates by Nuvama.
Adani Ports enters Sensex, Wipro exits as part of semi-annual rejig
Adani Ports joins Sensex as Wipro exits. The inclusion of APSEZ brings $259 million in passive inflows. Seven stocks' weights to rise: Bharti Airtel, Infosys, Kotak Mahindra Bank, ICICI Bank, Tech Mahindra, Tata Steel, and IndusInd Bank.
This small cap mutual fund turns monthly investment of Rs 20,000 to Rs 1 crore in 10 years
ETMutualFunds analysis reveals Quant Small Cap Fund's remarkable feat: turning a monthly SIP of Rs 20,000 into Rs 1 crore over a decade, boasting an impressive XIRR of 27.24%. Managed by Ankit Pande, Vasav Sahgal, and Sanjeev Sharma, the fund allocates predominantly to small caps.
How GQG's $11 billion India empire is growing fast beyond Adani
Rajiv Jain's GQG empire in India has expanded to $11 billion, diversifying beyond Adani stocks to include stocks from various sectors like energy, banks, real estate. The portfolio now comprises a wide range of stocks.
Olectra Greentech shares plunge 6% after promoter's name appears on electoral bond list
Olectra Greentech's shares declined by 6% as MEIL Holdings acquired electoral bonds worth Rs 966 crore. The company's revenue showed sequential growth.
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Selling good quality midcaps just because they are overvalued not a good strategy: Dipan Mehta
Dipan Mehta of Elixir Equities advises remaining invested in quality stocks even if they are overvalued. He highlights the BAT stake sale in ITC and the slow growth in its tobacco and FMCG businesses. He also discusses the preference for large private sector banks and positive outlook on the IT sector.
BSE Bharat 22 index soars 2.2x during BJP 2.0; will the show go on or will bulls back out?
The government is set to miss its disinvestment target, but stocks on Dalal Street have performed well. Public sector companies in the PSU sector, including Bharat Electronics and listed state-owned power companies, have seen significant returns. Canara Robeco Mutual Fund launched a manufacturing-focused thematic fund, expecting growth in various sectors.
Go contra as dumb money sells largecap private banks;one realty stock could double & avoid ITC: Sanjiv Bhasin
Sanjiv Bhasin says: Insurance companies, including LIC, SBI Life, ICICI Pru, and HDFC Life, are expected to perform well in the long term. These companies, along with other intermediaries like brokers and AMCs, are set to benefit from changing daily habits and increased technology adoption. the dumb money is now selling the largecap private banks, which were the most sought after and getting into PSUs. So, it is time to be contrarian,
ITC, Zomato, 2 Tata cos among top 10 largecap stocks shopped by MFs in December
MF holding in Zomato increased by a sharp 71 million shares month-on-month (MoM) in December, according to a report by PhillipCapital. Shares of the online food delivery aggregator have rallied nearly 19% since December.
Gautam Adani fan raised stakes in these 6 Adani stocks, ITC, Patanjali in Q3
NRI investor Rajiv Jain of GQG Partners has increased his holdings in six Adani Group stocks despite the controversy surrounding the conglomerate caused by the Hindenburg report. GQG's ownership in Adani Enterprises, Adani Ports, and Adani Green Energy rose, while additional stakes were purchased in Adani Energy Solutions, Adani Power, and Ambuja Cements.
It is time to be a bit cautious and take some money off the table: Dipan Mehta
“A very strong premiumization trend playing out in the auto industry and even if volume growth is high single digit, the actual revenue growth is transiting into mid-teens or even higher because the average selling price of the models across the board in all the segments including tractors is going up. The next few quarters look very exciting for the auto industry.”
Betting Big! Four stocks with highest increase in retail shareholders, turn multibaggers in FY24
Of the top 10 stocks that saw the highest increase in retail shareholders in the last one quarter, seven of them are part of the midcap and smallcap segments, and four of them belong to the public sector space, data by Prime Database showed.
Adani bull GQG picked these 4 stocks in Q2 to take India portfolio count to 11
At the end of September 2023, GQG owned a 3.25% stake in Baba Ramdev's Patanjali Foods through two of his funds, shareholding pattern data shows. In the case of JSW Energy, the multi-billion dollar fund owned 1.38% stake, 1.11% stake in IDFC First Bank and 1.28% in Adani Power. The Adani Group stock has more than doubled in FY24.
After churning out multibaggers, OG fund manager Rajeev Thakkar says it’s time to be a conservative investor
“A Nifty 21 multiple may not seem very, very expensive. But when you look at the individual company valuations, some trading at 70, 80, 100 times earnings or some of the newer listings coming on prospects of future profitability and just focusing on growth, that environment has changed and one should be cautious on that front.”
ITC Hotels listing likely in FY25. What should investors do before demerger?
As part of the demerger plan, ITC has chosen to keep a 40% stake with itself and give the rest to existing shareholders. The share ratio would be finalised by the ITC board at its meeting on August 14. Investors are also expecting that the spin-off of the hotels business is the first step after which other non-cigarette businesses could also be demerged.
ITC board approves demerger of hotels business, share price drops 4%
"After due consideration, the Board accorded its in-principle approval to the demerger of Hotels Business under a scheme of arrangement, with the Company holding a stake of about 40% in the new entity and the balance shareholding of about 60% to be held directly by the Company’s shareholders proportionate to their shareholding in the Company," ITC said.
Should you bet on Eicher Motors stock? Dipan Mehta answers
So, what that does is that although volumes remain in that high or low mid-single digit, the average realisation per vehicle tends to move up at least 10-12% that is what we have seen for last several quarters or so and that is how they are able to maintain the profitability going and improve the return on assets because the higher priced products certainly have a higher profit margin as well once they reach a certain scale.
Sensex up 2.5x from Covid lows as these 25 constituents turn multibaggers!
Indian benchmark Sensex has risen 150% since March 2020 with 25 of its constituents turning into multibaggers. Tata Motors, Tata Steel, and Titan Company have outperformed the index, with Tata Motors seeing the best returns, multiplying its value more than 8 times. Mahindra & Mahindra and Maruti Suzuki India also turned multibaggers due to pent-up demand for four-wheelers and a shift towards premium categories. Banks like State Bank of India, Axis Bank, ICICI Bank, and IndusInd Bank have also outperformed, whereas the IT sector, except for HCL Technologies and Infosys, has seen multibagger returns. Bullish investors expect steady returns in 2023, particularly in domestic-oriented sectors.
Looking for potential multibaggers? D-Street veterans offer top investment ideas
Veteran stock market investors in India have picked Restaurant Brands Asia (RBA), which owns a chain of restaurants including Burger King, as the next big investment opportunity. The stock is not currently in the limelight, however RBA is poised to grow faster and create cash flows in the future.
Dipan Mehta on why Page Industries is falling & what could be the multibaggers in next 7-8 years
Elixir Equities Director, Dipan Mehta, argues that new age companies such as Zomato, Policy Bazaar, Nykaa, and Paytm are stocks of the decade of the 2030s and could be huge multibaggers over the next 5-10 years. However, these companies are still in their investment phase, which reflects in their P&L, although they are making strong efforts to get into EBITDA positive. Regarding concerns about Page's decline, Mehta suggests that a demand slump due to higher inflation and uncertainty around weather patterns may have impacted Page industries.
Mining multibaggers! 10 stocks chased by FIIs in FY23 rally up to 300%
Foreign institutional investors (FIIs) have been steadily increasing their stakes in over 110 Indian stocks for the past four quarters. ACE Equity data shows that the top 10 of these investments have delivered returns of up to 300% in the past year. One of the most successful investments for FIIs in India is in Axita Cotton, which has rewarded the investors' conviction with a 305% return in the last 12 months. However, not all FII picks have been successful in the near term. As of writing, analysts expect the worst of FII outflow to be over.
ITC, 2 multibagger stocks to trade ex-dividend on Wednesday
Another multibagger stock, Pradeep Metals, which has nearly doubled investors' wealth in the past one year has declared an interim dividend of Re 1 for the current fiscal and will trade ex-dividend tomorrow for the same. In the last one year, the company had a dividend yield of 0.82%.
Hunting multibaggers? D-Street experts swear by these themes
"These are all concept businesses which can scale up really well with high ROIs and once the break-even point is achieved, then the kind of profits that these new-age digital businesses can generate is unimaginable," Mehta added.It will be best to have about 10-15 per cent of your portfolio in these concept stocks
Sudip Bandyopadhyay on stocks that can still give multibagger returns
“Markets are volatile. The recession fears and slowdown fears are playing havoc with crude oil prices. Yes, there is a problem in Europe but the recent crash in oil prices is on the back of what is happening in China, multiple lockdowns in large provinces, genuine economic slowdown and challenges as far as the future is concerned. China is probably the largest consumer. So something happening in China significantly reduces oil demand and impacts oil prices.”
Dipan Mehta on the next multibagger, ITC demerger & IndiGo stake sale
“Markets will receive a proposal to demerge ITC Hotel business very well. They have been clamouring for a demerger that could be a value unlocking opportunity with focussed management. Generally the outlook for hotel companies is pretty decent at this point of time post Covid and ITC hotels with its brand network and a decent track record will find many takers in the market. ”
Yes Bank far from being a multibagger; betting on these 2 midcaps: Nischal Maheshwari
“How can a small bank in any way compare or can compete with the likes of the ICICIs, HDFCs and SBIs of this world? So my vote goes to the largecap banks. I would be totally invested in largecaps until and unless they have a niche financial capability which I do not think Yes Bank has at the moment.”
ETMarkets Smart Talk: Siddhartha Bhaiya explains his 3 step multibagger approach to investing
"We also need to distinguish between whether you made money because of luck or because of skill -- that it is very important to understand. At times where we lose money but at the end of the day, there was nothing wrong with the process just that something happened in the future after we bought the stock. It was nothing to do with your skill but more to do with your luck. "
Looking for multibaggers? Gautam Shah’s top picks from broader market
“The risk reward has got lucrative once again and we are recommending our clients to look at smallcaps aggressively from a six, 12, 18 months perspective because if you go by the breadth data and the technical studies, I do not think there is any way one can lose money buying into smallcaps from an investment perspective.”
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