Welcome To SmartInvestment

Wednesday, November 6, 2024

 

 


 

Global Events

US Positive, Europe & Asian Markets Mix

Nikkei UP 866, Hang S. down 233, Taiwan UP 23

Kospi UP 2, Shanghai UP 17, St.T UP 5

GIFT Nifty UP 33 Points (24,330)

DOW Future UP 505 Points

NASDAQ Futures --- Points

Brent Crude down 0.40% and near $75.23/bbl level

Dollar Index climbs & Bond Yield rises to 4.6%

All eyes on...

US President election

   appeared to give an edge to Republican Donald Trump

US FED Reserve meet starting today,

   Outcome on Thursday

US Market Positive

Dow Jones UP 427 (+1.02%); NASDAQ UP 259 (+1.42%), S&P UP 70 (+1.23%)
European Market Mix
FTSE down 11 (-0.14%) CAC UP 35 (+0.48%), DAX UP 108 (+0.57%).
Asian Markets mix

Domestic Events

Dollar Index UP 1.31% and near 104.70

Brent Crude down 0.35% and near $75.24/bbl levels,

Rupees UP 2 Paisa to close at  84.10 against US$

Sector Watch

--

Sector Avoid

-

Indian Markets Trend

With flat to positive opening

Rally to continue in near term

Overall Markets to remain outperform during the session

Result related stocks to remain in focus

----

All Eyes on....

Q2FY25 corporate earnings

Majestic Auto, Jay Bharat Maruti, Prime Agro, Waterbase,

Umang Dairy, Rain Industries, Kansai Nerolac, Chambal Fert.,

Zuari Agro, FDC, Sonata, Vrinchi, JJ Finance, Team Lease etc.

OFS News

Govt to sell 2.5% in Hindustan Zinc

   at floor price of Rs 505 per share

Primary Markets

Sagility India Main Board IPO Subscribed 0.22x on Day 1

Swiggy Limited Main Board IPO Opens today

ACME Solar Holdings IPO Opens today

Indices

INDIAN INDICES CLOSED ON 6-11-2024

Indices Closing Plus/Minus
Sensex 80,378.13 901.5
Nifty 50 24,484.05 270.75
Nifty Bank 52,317.40 110.15
Nifty Midcap 100 57,355.80 1240.35
Nifty Smallcap 100 18,906.10 402.65
India VIX 14.87 -1.25


Muhrat Day Movement

Sr. 

Co. Name

Open

High

Low

Close

Change

1

Sensex

80,023.75

80.023.75

79,655.55

79,724.12

335.06

2

Nifty

24,302.75

24,368.25

24,280.20

24,304.35

99.00

3 Bank Nifty 51,550.15 51,825.50 51,459.40 51,673.90 198.55
4 Nifty Mid Cap 100 Index 56,471.15 56,657.05 56,415.70 56,496.05 383.20
5 Nifty Small Cap 100 Index 18,764.95 18,862.25 18,738.85 18,794.90 192.30
6 India VIX          

 

Momentum Call

Sr. 

Co. Name

CMP

Buy above

SL

Target

Trading Session

1

TD Power

439.00

445.00

425.00

456 to 460

9 to 12

2 AMI Organics 2041.00 2050.00 2000.00 2105 to 2130 9 to 12

Daily Level

Daily Level : 6-11-2024

Stocks Sup-1 Sup-2 Sup-3 Resi-1 Resi-2 Resi-3
Nifty 24258 24192 24102 24297 24365 24448
Bank Nifty 52326 52098 51813 52385 52612 52900
JSW Steel 992 969 945 1000 1023 1048
Jubilant Food 588 576 564 594 606 618
Berger Paints 511 500 489 517 528 540
Alkem Lab. 5662 5590 5513 5681 5754 5833

Foreign Institutional Investors

FII Activites (Rs. in Cr. )

   Date      Day Gross Purchase  Gross Sale  Net Purchase 
4-11-2024 Monday 13786.39 18116.18 -4329.79
5-11-2024 Tuesday  11851.47 14420.88 -2569.41
6-11-2024 Wednesday  19911.90 16357.49 -4445.39

Domestic Institutional Investors

DII Activites (Rs. in Cr. )

Date Day Gross Purchase  Gross Sale  Net Purchase 
4-11-2024 Monday 12449.82 9513.74 2936.08
5-11-2024 Tuesday 12616.72 9585.76 3030.96
6-11-2024  Wednesday  16061.64 11172.31 4889.33

Most Buzzing Stocks

 

Stocks CMP Stocks CMP
PB Fintech 1640.00 Infosys 1753.00
Mankind Pharma 2714.00 Deepak Nitrite 2695.00
Oberoi 1998.00 KFIN 1025.00
SBI 849.00 HDFC Bank 1757.00
Max HC 1044.00 Kalyan Jew. 652.00
NTPC 403.00 RVNL 405.00
Tata Steel 152.00    

Stock Watch LT

Stocks CMP Stocks CMP
SRF 2297.00 Polycab  6632.00
Ultratech Cement 11,176.00 Chola Fin 1745.00
BSE Ltd  4602.00 Thermax  5020.00
ICICI Bank  1296.00    

Fundamental Stocks

Stocks CMP Stocks CMP
JSPL 936.00 KIMS  556.00
Gensol Engg  839.00 CCL Prod  668.00
Chambal Fert 483.00    

Technical Stocks

Stocks CMP Stocks CMP
Wipro  543.00 Hindalco  697.00
Kotak Bank  1704.00 Cipla  1601.00
Ajanta Pharma  3110.00    

Buy Stock for Today

Sell Stock for Today

Stocks CMP Stocks CMP
Titan 3230.00 Gail 196.00
Dr. Reddy 1272.00 Berger Paints 514.00
JK Tyre 388.00 Chemplast 541.00
Triveni Engg. 417.00 Hindustan inc 559.00

 

Stock in Action

Stocks CMP Stocks CMP
BOB  257.00 Nalco  230.00
NMDC 234.00 BOI 110.00
manappuram Fin 158.00    

Primary Markets

Main Line IPOs

Sr.

No.

Issue Name

Open Date

&

Close Date

Issue Size Price

Market Lot

(Minimum

Application)

Listing Lead Manager

Rating (Out of 50%)

&

Recommendation

1 Sagility India

5-11-2024

to

7-11-2024

Total:70,21,99,262 Shares

Rs 2106.60 Cr

28 to 30

Fv 10

500 Shares 

Rs 15,000

BSE 
&
NSE
ICICI Securities ltd
Iifl Securities Ltd (Past IPO Performance)
Jefferies India Private ltd
J.P. Morgan India Private ltd

29%

Risky Bet

2 Swiggy Limited

6-11-2024

to

8-11-2024

Fresh Issue: 11,53,58,974 Shares 

OFS:17,50,87,863 Shares 

Total:29,04,46,837 Share

RS 11,327,43 Cr

371 to 390 

Fv Rs 1

38 Shares

Rs 14,820

BSE

&

NSE

Kotak Mahindra Capital Company ltd
Citigroup Global Markets India Private ltd
Jefferies India Private ltd
Avendus Capital Pvt Ltd 
J.P. Morgan India Private ltd
Bofa Securities India ltd
ICICI Securities ltd

31%

High Risk

Low Return

3 ACME Solar Holdings

6-11-2024

to

8-11-2024

Fresh Issue : 8,28,71,972 Shares

OFS : 1,74,74,048 Shares

Total : 1,00,34,60,20 Shares

275 to 289

FV Rs 2

51 Shares

Rs 14,739

BSE

&

NSE

Nuvama Wealth, ICICI Securities,

JM Financial, Kotak Mahindra,

Motilal Oswal

 
4 Niva Bupa Health

7-11-2024

to

11-11-2024

Fresh Issue : 10,81,08,108 Shares

OFS : 18,91,89,189

Total : 29,72,97,297 Shares

Total Rs 2200 Cr

70 to 74 

FV Rs 10

200 Shares

Rs 14,800

BSE

&

NSE

ICICI Securities,

Morgan Stanley, Kotak Mah.,

Axis Capital, HDFC Bank,

Motilal Oswal

 

NSE SME IPO's

  Issue Namek

Open Date &

Close Date

Issue Size Price

Market Lot

(Minimum

Application)

Listing

Lead

Manager

Rating (Out of 50%)

&

Recommendation

1

Neelam Linens and

Garments

8-11-2024

to

12-11-2024

54,18,000 Shares

Rs 13 Cr

20 to 24

FV Rs 10

6000 Shares

Rs 1,44,000

NSE

SME

Expert Global

-

BSE SME IPO's

Issue Name

Open Date

&

Close Date

Issue Size Price

Market Lot

(Minimum

Application)

Listing

Lead

Manager

Rating (Out of 50%)

&

Recommendation

Rosmerta Digital

18-11-2024

to

21-11-2021

1,40,36,000 Shares

Rs 206.33 Cr

140 to 147

FV Rs 2

1000 Shares

Rs 1,47,000

BSE

SME

Narnolia Fin.,

Beeline Capital

-

 

Sagility India Main board IPO

Opened on 5th November & Closes on 7th November

Price Band Rs 28 to 30 (FV Rs 10)

Recommendation : The company has reported growing Top and Bottom lines in all three fiscals

If we annualized the Q1 FY25 earnings, it's revenue will be in line with FY24 but its PAT will  be too low which is not a good sign.

On valuation front it's P/BV comes to 2 at NAV of 16.25 and it's PE comes to 61.52, So issue  looks agressively priced

Considering previous years performance,

Risk taking investors may apply for the long term period and others can avoid this pricey bet.

 

---------------------------------------------------------------------------------------------------------------------

Swiggy Limited Main Line IPO

IPO Opens today & Closes on 8th November

Price Band Rs 371 to 390 (FV Rs 1) 

Recommendation : Company has reported growing Top lines in all three fiscals but it's Bottom line has consistently been negative in all three fiscals

Company's food delivery business has turned Pat positive but it's Instamart Business is still negative and might take few more quarters to turn positive

On valuation front considering PE of -35.72 and P/Bv of 7.30 on Nav of 53.36, issue looks exorbitantly priced

Company faces tough competition from its listed peer Zomato in Food Delivery business and also faces tough competition from

various players such as Blinkit, Big Basket - a Tata group company, Zepto and Jio Mart in Grocery delivery business

Considering the expansion plans placed by the company to grow it's presence across India and growth of Average Orders Size placed by Indians,

only risk taking investors may apply and others can wait for a few quarters till the company turns Pat Positive and offers a good valuation.

Grey Market Premium

Grey Markets Premium

Sr.

No.

(www.smartinvestment.in)

 

Min. Lot

Size

(Shares)

Offer Price Premium

Kostak Price

(Minimum

Application)

Subject to

Sauda

1 Sagility India IPO 500 28 to 30 Discount   --
  Smal HNI           --
  Big HNI           --
2 Swiggy IPO 38 371 to 390

11 to 12

-- 300
  Small HNI           4,000
  Big HNI           4,000
3 ACME Solar Holdings  IPO 51 275 to 289 9 to 10   400
  Small HNI           5,500
  Big HNI           5,500
4 Niva Bupa Health Insurance IPO 200 70 to 74 0.00    
5 NTPC Green Energy IPO --        

 

 

Grey Market Premium SME IPOs

           

Sr.

No.

(www.smartinvestment.in)

 

Min. Lot

Size (Shares)

Offer Price Premium

Kostak Price

(Minimum Appl. 

Subject to

Sauda

1 Neelam Linens and Garments NSE SME 6000 20 to 24 0.00    
2 Rosmerta Digital BSE SME 1000 140 to 147 29 to 30   23,000

Subscription Figure of Particular IPO’s

Subscription Figure of Saglity India

Investor

Category

Shares

Offered

1st Day

Subscribed

5-11-2024

2nd Day

Subscribed

6-11-2024

3rd Day

Subscribed

7-11-2024

QIB

21,00,89,779

0.00x

0.07x

-

NII

10,50,44,889

0.08x

0.24x

-

Retail

7,00,29,926

1.14x

2.24x

-

EMP 19,00,000 1.35x 2.44x -
Total 70,21,99,262 0.22x 0.52x -

 

Subscription Figure of Swiggy 

Investor

Category

Shares

Offered

1st Day

Subscribed

6-11-2024

2nd Day

Subscribed

7-11-2024

3rd Day

Subscribed

8-11-2024

QIB

8,69,23,475

0.00x

-

-

NII

4,34,61,737

0.06x

-

-

Retail

2,89,74,491

0.54x

-

-

EMP 7,50,000 0.74x - -
Total 29,04,94,914 0.12x - -
 

 

Subscription Figure of ACME Solar Holdings

Investor

Category

Shares

Offered

1st Day

Subscribed

6-11-2024

2nd Day

Subscribed

7-11-2024

3rd Day

Subscribed

8-11-2024

QIB

3,00,000,000

0.16x

-

-

NII

1,50,00,000

0.34x

-

-

Retail

10,00,000

1.26x

-

-

EMP 3,46,021 0.71x - -
Total 10,03,46,021 0.41x - -
 

 

 

Subscription Figure of SME IPO

IPO

SME

Day

Overall Subscribed

Neelam Linens and Garments NSE SME Issue Opens on 8-11-2024  
Rosmerta Digital BSE SME Issue Opens on 18-11-2024  

Performance of our Last Recommendation

Extra Field

Important Date of Current Main Line Issue

IPOs Name IPO

Closes Date

Basis of

Allotment

Refund /

Unblock

Amount

Credit of

Shares

To Demat

Listing

Date

Sagility India IPO 7-11-2024 8-11-2024 8-11-2024 11-11-2024 12-11-2024
Swiggy Ltd  IPO 8-11-2024 11-11-2024 12-11-2024 12-11-2024 13-11-2024
ACME Solar Holdings IPO 8-11-2024 11-11-2024 12-11-2024 12-11-2024 13-11-2024
Niva Bupa Health Isurance IPO 11-11-2024 12-11-2024 13-11-2024 13-11-2024 14-11-2024

Important Date of Current SME Issues

IPOs Name IPO

Closes Date

Basis of

Allotment

Refund /

Unblock

Amount

Credit of

Shares

To Demat

Listing

Date

Neelam Linens and Garments NSE SME 12-11-24 13-11-24 14-11-24 14-11-24 18-11-24
Rosmerta Digital BSE SME 21-11-24 22-11-24 25-11-24 25-11-24 26-11-24

Listing Day Trading Information

IPO SME / Main Line

Listing Date

Code Offer Price

Listing

Price

Listing Day

High

Listing Day

Low

Listing Day

Close

Freshara Agro Exports Ltd NSE SME` 24-10-2024 FRESHARA  116.00 135.00 141.00 128.25 137.70
Waaree Energies IPO 28-10-2024 544277 1503.00 2550.00 2600.00 2294.55 2336.80
Premium Plast Ltd  NSE SME  28-10-2024 PREMIUM  49.00 51.45 51.75 48.90 48.90
Deepak Builders  IPO 28-10-2024 544276 203.00 198.50 198.85 160.15 161.90
Danish Power ltd  NSE SME  29-10-2024 DANISH 380.00 570.00 598.30 541.50 598.50
United Heat Transfer  NSE SME 29-10-2024 UHTL 59.00 60.95 63.95 57.95 63.95
OBSC Perfection  NSE SME  29-10-2024 OBSCP 100.00 110.00 115.50 110.00 115.50
Godavari Biorefineries IPO 30-10-2024 544279 352.00 310.55 354.00 308.05 342.85
Usha Financial Services NSE SME 31-10-2024 USHAFIN 168.00 164.00 168.00 155.80 155.85
Afcons Infrastructure IPO 4-11-2024 544280 463.00 430.00 479.25 419.85 474.55
Sagility India  IPO 12-11-2024   28 to 30        
Swiggy Ltd  IPO 13-10-2024   371 to 390        
ACME Solar Holdings IPO 13-11-2024   275 to 289        
NIva Bupa Health Insurnace IPO 14-11-2024   70 to 74        
Rosmerta Digital NSE SME  18-11-2024   20 to 24        
Rosmerta Digital BSE SME 26-11-2024   140 to 147        

About

Smart Investment which is a part of Archi publications, a division of Archi Finmark and Communications Ltd. founded by Late Shri Kantilal M. Shah in year 2000, which is an ISO 9001:2008 (QMS)

Mission

To prosper as a Publication firm by working hand in hand with our writers and educate investors through our services and publications.

Vision

Being a leading firm in Stock market for weekly and mid – week updates related to stock market, we want that our readers and followers gain best knowledge and earn more and more profit.

Breaking News

Main Line IPO

BSE / NSE SME IPO

Rights Issue

NCD Issue

Follow Public Offer (FPO)

Our Client's Say