@4SMART invesimerit Only Financial Weekly Published in English & Gujarati Language Editor : Dilip K. Shah ARCHI PUBLICATIONS 311 to 313, Nalanda Enclave, Pritamnagar 1st Dhal, Ellisbridge, Ahmedabad-6. GUJARAT, INDIA Phone : 079 - 2657 66 39 Mob. : 9825306980 , 9825006980 E-mail : smartinvest25 @ gmail.com smartinvest25 @ yahoo.in web : www.smartinvestment.inWaming :- Your soft Copy is for your exclusive use only. Any attempt to share your copy or forwarding ‘your copy to.a non-subscriber will disqualify your membership & we will be compelled to stop your supply, and forfeit your subscription thereafter without any refund to you. uree Ganeshay Nam Page’ Only Financial Weekly Published in English & Gujarati 88 SMART invesimerit GAMC No. :1703/2021-23. Issued by SSP Ahd. Valid up to 31-12-2023 VOL: 16+ Issue No: 21 | [RNINo ; GUJENG / 2008 / 24320 2 July to 8" July 2023, FIl ACTIVITY (Rs. in Cr) DATE BUY VALUE SELL VALUE NET VALUE 26-06-2023 7896.65 8306.08 -409.43 27-06-2023 10452.72 8428.67 2024.05 28-06-2023 21017.34 8667.34 12350 29-06-2023 HOLIDAY BAKRIID 30-06-2023 19439.74 13042.61 6397.13 TOTAL 58806.45 3444.7 20361.75 Fil ACTIVITY (Rs. in Cr) DATE BUY VALUE SELL VALUE NET VALUE 26-06-2023 5455.86 5205.74 250.12 27-06-2023 6784.35 8775.7 -1991.35 28-06-2023 13978.21 14999.22 -1021 29-06-2023 HOLIDAY BAKRIID 30-06-2023 10469.81 9272.17 1197.64 TOTAL 36688.23 3825283 -1564.59 Most Popular Webstie for the Stock Market Investors www.smartinvestment.in Caution : Please note that your copy/access to our website is for your exclusive use only. 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For More Detail E-mail to: smartinvest25 @gm:A wide range of jewellery designs catering to diverse customer segments at various price points eg ee te a ae + 2nd moat desired jewellery brand in India by TRA** and Best Brand in Jewellery Category by The Economic Times*** eet een co eee ae ee a ace eee BC eet eee ee eee Fe ee Se ee eae ey eR eRe eee eee ae eee) | rape la ea a lear a ON ete ete ae eee ee ed operating income between fiscal 2020 and fiscal 2022 (Source: CRISIL Report) + 2 Private Equity eee aera ae ken ane unr) ee ee et eet en eho ce to serve the customer * Established assetlight ‘franchise’ model leading to operating leverage everlite | so(ir | SENCO ee i. eres 3 \vanae | Andes | O°STBIA CRAFTSMANSIIP FOR YOU LARGEST ORGANISED JEWELLERY RETAIL PLAYER OF EASTERN INDIA SENCO GOLD LIMITED sev sencogoliondcamonscom ‘ose on rurber of ows loure: CRE Report fe of Rs Em 23. Me Wi Exchan st wend com re ro lted and Sa mv aret coat se es Aut any sate secutes laws i the Unie Slates, and uness item. orinaitasacton toe ty Shares a only outdo te Unig Yoho ach elesFinancial SMART’ Investment 2 July 2023 to 8 July 2023 4 19000 - CONQUERED, FINALLY : 18 MONTHS CONSOLIDATION BREAKOUT Aer being rejectad number of times, finally the Bulls had their way as they managed to break the coveted 18888 level. Overcoming Lile-Highs was not an easy ob as Bulls hau to work hard for itfor around 1 montis. In between Market made a minor top around 8 months back, but that was of little use as the Market immeci- ately retraced from that lovel, This time the breakout was wall earned as tho Bulls have now sotled well over the strong Trendine Resistance at 19084. That Trendline will row act as strong Suppor forthe Nifty. Hence any decline towa'cs the Trendline can be treated as a buying opportunity. BIG WHITE BODY MARUBUZO :- It was a show of strenath by the Bulls as Nifty opened each day with a Bulish Gap end forming big White body candles. Niy hes formed a big white body candle on Friday after a gap-up opening which suggests strong buying momentum. On the Weekly timeframe, Nifty has formed a big Opening White body Marubuzo which is a strong Bullish formation. Just like previous instances in this rally this time too was the same, as the Bulish Weekly candle overcame the bearishness of previous weeks bearish candlestick formation (Dark Cloud Cover). The Trend remains Bullish across timeframes and hence every dip has to be treated as a Buying Opportunity. BULLISH GAPS AS SUPPOR’ This Weok, Nifty has left behind two bullish gaps which will now act = ‘as Support. The first Support Zone is at 19035 - 19011 which ie due to the ba A LA EL LA) confluence of first Bullish Gap (19024- 19011) and Trendline Resistance which is now acting as Support. The second =| Support Zone is at 18888-18629 which is a confluonco of provious Lifo-High :| (18888) and second Bullish Gap at :| 1861 - 18829. Thus in the near futuro, EERE | these Gens wi act as strong Support BIGGER TARGETS IN SIGHT :- After achieving the Target for Bullish |Head and Shoulders (18887), Nifty gave This Week Recom iment [eT | 2 Gulch breakout and made a new lle- igh. Nifty is now well over 19000. Stocks Smaller Rounding Bottom target is at 19440. The Targeis for Weekly C&H are Buy Maruti 9789 9639 10015 10243 placed at Sensex 66978 (161.8%) and Buy AxisBank 987 968 1017 1049 [70769 (pattem) & Nifty 19926 - 21045, ‘The Targets for Weekly RB are stil in Buy JsWSteeL 784 769 807 831 Jract and are at 69243-73569 {or the Sensex & 20718-22025 for the Nifty. The Buy BSOFT 358 352 368 = 379 Jabove Targets will be done as long as Buy _RBL Bank 181 176 189 _198 J Nilty remains above 16747. INDEX LEVELS | $3 s2 S1 CLOSE R1 R2 R3 NIFTY 18861 18908 19041 19189 19378 19565 19738 SENSEX 63321 63788 64284 64718 65201 65688 66163Financial Weekly SMART” Investment 2 July 2023 to a” suy 2023 5 Yo OW n of Wealth D(en)O(f)W(eal Superb Performance of our latest Recommendations Out of 32 calls 3 only 2 calls click Stoploss so far Subscriber will receive recommendation through SMS and Email One Year Subscription charge for Dow Scheme Rs. 7000/- Contact : (IM) 98250 06980 & 98253 06980 smartinvest25 @ gmail.com , smartinvest25@yahoo.in HDFC Bank : Current A/c No. : 00062560008858 Beneficiary Name : Archi Publications RTGS / NEFT IFSC : HDFC0000006 Navrangpura Branch, Ahmedabad-380009.Only Financial Weekly Published in English & Gujarati Financial Weekly U4 SMART Investment GAME No. :1703/2021-23. Issued by SSP Ahd. Valid up to 31-12-2023 RININo : GUJENG / 2008 / 24320 According to the indian Newspaper Socie newspapers can collect fines from the administrator of the WhatsA rou, It is illegal to broadcast PDF copy of Newspaper on WhatsApp & Telegram group, action can be taken on group admin In the period of pandemic of Covid-19, Newspapers are facing challenges related to distribution on the one hand, on the other hand, their e-paper copy and digital piracy incidents have also in- creased. This is causing loss of revenue to newspapers. In view of this, the Indian Newspaper Society (INS) has warned that it is illegal to download pages from e-papers of newspapers and circu- late their PDF file in WhatsApp or Telegram Group. Newspapers can take stringent legal and heavy penalties against a person who illegally circulates on social media by copying e-paper or portions thereof. Administrators of that WhatsApp or Telegram group will be held responsible for illegally circulating e-copy of news- paper in such a group.Financ Weety ®@ SMART investment 2euly 2023 toe-suy 2023 ° ® wew.smartinvestment.in CA esorent ome OO OO8O SMART SCHOOL @REC re Live & Recorded Step interactive sessions wise classes available learning wr @ mas Guidance Internship — Subscription fromstock opportunities to our market experts DOWNLOAD THE APP NOW https://on-app.in/app/home?orgCode=vgfob productsFinancial Weekly SMART” Investment 2 July 2023 to 8 July 2023 8 SMALL BUT BEAUTIFUL IDEAS BS Brijesh Barot, Surat (9723108999) brijesh_3011@yahoo.com Wipro (Rs. 389.00) (BSE Code : 507685) (F. V. Rs. 2.00) Wiprois a multinational corporation thatprovides [Tas Gr) MARCH 2022 MARCH 2023 information technology, consultant and business | e553. a0ag0,00 Sas 60 process services. It is one of the leading Big Tech companies Wipro's capabilities range across cloud |NetProfit 3094.00 On ‘computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technalogy consulting services to customers in 187 countries. The company was incorporated on 29 December 1945 in Amalner, India, by Mohamed Premji. In 1966, aftor Mohamed Promjis death, his son Azim Promji took ovor Wipro as its chairporson at the age of 21. During the 1970s and 1980s, the company shifted its focus to new opportunities in the IT and ‘computing industry, which was at a nascent stage in India at the time. On 7 June 1977, the name of the company changed from Western India Vegetable Products Limited, to Wipro Products Limited. In 1982, the name was changed again, from Wipro Products Limited to Wipro Limited. in 1999, Wipro was listed on the New York Stock Exchange. In 2004, Wipro became the second Indian IT company to ear USS1 billion in annual revenue. In 2012, Wipro demerged its non-IT businesses into a separate company called Wipro Enter- prises. Prior to this demerger, these businesses, mainly in the consumer care, lighting, furniture, hydraulics, water treatment, and medical diagnostics, contributed about 10% of Wipro's total rev- enues. In March 2023, Wipro opened its American international Headquarters at Tower Centre in East Brunswick, Middlesex County, New Jersey. ROCE 17.46% ROE 14.61% Promoters Holding :72.92% Fil Holding :6.38% Dil Holding :10.4% (Increased by 3 times in last 1 year) Technical Speaking: Currently companies share price quoting 389.150n Friday close. Investor can accumulate between 390 to 360for short term target of450 medium term target of 510and long-term target of 570and more.Finoncial Weekly SMART” Investment 2 July 2023 to 8" July 2023 9 SMART Investment Investment Allin one Application ® Manage Notifications ) ae FEA|_ Set Daily Mraket Updates ( Get hetter reading Experience of Manage Your Subscriptions our Newspapers &newsletters ) Gal ane ae vee asily acriptlon Read Insightful Research & iz] Watch Webinars & Reports z ( Workshops ==»Financial Weekly Simant> Investment 2 July 2023 to "July 2023 1 0 Rapid Fire Stocks investwithkalpnaj@gmail.com) Twitter : @Kj_TechTrades POWER TRANSMISSION LIMITED Kalpataru Projects (Rs. 536.00) Targets of 575 to 595 , time frame 2 to 6 months. ( Accumulate) Annual Revenue rose 10.3%, in the last year to Rs 16,401 Crores. Quarterly Revenue rose 18.1% YoY to Fis 4,896 Crores. Quarterly Net profit rose 45.8% YoY to Fs 156 Crores. Kalpataru Power Transmissions is a global EPC player with diversified interest in power trans- mission and distribution, oil and gas pipeline, railways and biomass based power generation. Kalpataru Projects International Limited (KPIL) is amongst the leading Engineering, Procure- ment, and Consiruction (EPC) companies with proven experience and expertise spanning over three decades. KPIL is executing marquee projects with comprehensive capabilities that delivers complete solutions covering design, testing, fabrication, erection and construction of transmission lines, oil and gas infrastructure and railways projects on a turnkey basis. KPIL has established its footprints in 63 countries spread across five continents. KPIL has successfully positioned its High Voltage Substation business both in air insulated (AIS) and gas insulated (GIS) segment in domestic as well as international market. KPILhas extended its reach in the European market through its subsidiary LinjemontageiGrastorp ‘AB in Sweden and Latin America through its subsidiary Fasttel Engenharia Ltda in Brazil. The wide reach and presence of KPIL's T&D business includes international geographies like Africa, CIS countries, the Middle East, SAARC, Asia-Pacific, Europe and America. Cont...Financial Weekly SMART” Investment 2 July 2023 to sn suy 2023 1 1 RateGain Travel Technologies (Rs. 417.00) Targets of 465 TO 495 , time frame 3 to 9 months Rategain Travel Techs. The Company is an Information Technology company providing innovative solutions to help clients in the hospitality and travel industry to achieve their business goals RateGain’s Q4 PAT Surges 191% To INR 33.8 Cr On Steady Travel Demand Annual Revenue rose 52.7%, in the last year to Rs 585.1 Crores Quarterly Net profit rose 191% YoY to Rs 33.8 Crores. RateGain’s operating revenue grew over 69% to INF 182.9 Crin Q4 FY23 from 107.9 Crin the corresponding quarter of the previous year Profit after tax jumped to INR 68.4 Cr in FY23 from INR 8.4 Crin FY22 its operating margin expanded to 15% in FY23 from 8.3% in the previous year due to better operating leverage and cost efficiencies ‘One of the worid's largest processors of hotel bookings, pricing intelligence, and cus- tomer travel-intent, RateGain today provides SaaS solutions for travel and hospitality helping them accelerate revenue generation through acquisition, retention, and wallet share expansion. RateGain isa software company that offers hospitality and travel technology solutions for hotels, airlines, tour operators, and more Rapid Fire Stock Whatsapp@ 9769037711 to Join My Elite Annual Membership for Short to Medium Term Stock Ideas in Cash Equity and Futures n Optionsreac ney @ investment 2 July 2023 t0 srsuly 2023 I Corporate Feature Pune based Alphalbgic incisties Lmitedis alead- ingcompaniyin he country for menutactuingand seling incustrial storage systems, Alphalogic Industries Lim- ited is engaged in design, manulacture, cupply and installation of Industial and insttutional Storage Sys- Rane mee STR Tee storage systoms, heavy duty storage racks, cantilever racks, staff lockers, industria mezzanine floors, metal pallets, etc. The manu‘acturing unit of Alphalogic Industries is located in Puna, Maharashtra. The company has designed and supplied storage ‘solulions to automobile industries, e-commerce companies, food industres, ware housing & locictise companies, enginosting companios, educational inctitutions, 'T companies, etc. Inthe financial yaar 2023, the company has served mara than 150 indusirial tents various industries, ‘Alphalcgic Industries Limited's IPO willopen on July 3, 2026 and close on July 6, 2023 on tho BSE SME platform. Tho company is raising Rs 12.88 crore by issuing 1841600 shares of As 10 face value at Rs 96 per share. The marke! lt size of the company’s IPOs 1200 shares. 50% ofthe shares inthe IPO have been reserved for retal investors. Finshore Management Services Limitedis the the principal lead man- ‘agar of tho company’s IPO. “The comparys an ISO 9001:2015, 14001:2018, 45001:2018 and BIMFA carted storage solutions manufacturing company. The company's commmiment ioinnovation, ‘excellence, qualily and customer service has ensured consistent demand and grow for the company andits products. ‘The compary'sinnovative products wih aesthetic ¢esigns facilitate transportation and on-site assembly. They are easy to operate and maintain, andthey beautifully blend ino the customers’ workspace, thereby ensuring optimum utlization. “The company counts both private and PSU as its clients. The company has been working with new ago brands ike ‘Swigoy, Baskin Robbins, Shopper Stop, Rentomgo, Aiomberg to large conglomerates ke JSW, Adiiya Bla Group, Bharat Forge Group, Saint Gobain, Wio Mather Platt Pumps, Bharat Electronics, BPW Trailer Systems, and many moro. The compary has won sevoral awards for itsinnovation. Tho compery has won Most Innovative Company ofthe ‘Year ‘award in ha Industrial Racking Catagory by Economic Times Businass Awards 2022. The compary was recanty ‘awarded the Times Power Brands 2029 ‘industlal Rankings and Storage Solutions Leader Award. The company has been promoted by AlphalogicTechsys Limited which is a 8SE Listed muli-business corporation wih interests n Inior Is and Industral Racking & Storage Manufacturing. Alphalogic Industres Limitedis the subsidiary compary of AlphalogicTechsys Limited with Mr. Anshu ool boing tho founder ane promotor of tho group. Tho company ie being tad by Mr. Vedlant Goel who s the Managing Director of the Company ‘and brings wih him over Nino(03) years of experience inthe Steel Indus- try. Tao company's operations and engineering is led by the Director & ‘CEO Mr. Montuthai Gandhi with over 14 years. ich experience inthe industrial racking Industry.Investment 2 July 2023 0 o*suy 2023 I Het Zave Sioa HALis anA /T+1 groupAerospace & Defensecompany with having Face value of Rs.10.Hindustan Aeronauttes is engaged in the business of Manufacture of Aircraft and Helicopters and | Dividend % Repair, Maintenance of Aircraft and Helicopters which plays a Roce strategic role in India's defense program being the only Indian_| Book valu company having specialization in aircraft manufacturing and providing its Maintenance and related services. Company sponds ~6% to 7% of the total revenue into the research and development activity annually and increased R&D reserve trom | 5 10% to 15% of PAT last year to build a sufficient R&D reserve. | Face vai ‘The company has an order book position of Rs 84,000 crore and another Rs 50,000 crore worth of orders are in the pipeline. Foreign countries such as Argentina and Egypt have evinced interest in buying the HAL-built Light Combat Aircraft ‘TejasHAL also signed an MoU for establishing an office in Kuala Lumpur (Malaysia) for tapping the new business opportunities for Fighter Lead-in Trainer (FLIT) LCA and other requirements of Royel Malaysian Air Force (RMAF) like Su-30 MKM and Hawk upgrades. Share Holding Pattern FY23 cx ci ceria 5.10% Ce OCT am Cet Cont.Financial Weekly & SMART Investment 2 July 2023 to a" Jury 2023 1 4 Financial Results: Company's Net Saleswas Rs 12,494.67 crore in March 2023 up 8.07%, Quarterly Net Protit at Rs. 2,834.18 crore in March 2023 down 8.82% andEBITDA stands at Rs, 3,968.02 crora in March 2023 up ‘82.25%ascompared to March 2022. Key Points: 1. GE Aerospace, the US-based aircraft engine supplier signed MoU with India's public defence firm Hindustan Aeronautics Ltd (HAL) to produce fighter jet engines F414 engines for the Indian Air Force (IAF) in india. HAL signed a contract with Argentinian Air Force (AAF) for supply of spares and engine repair of legacy two tonne class helicopters. lis a stepping stone for the future engagements and defence co-operation between India and Argentina. Hindustan Aeronautics Limited (HAL) and General AtomicsAercnautical Systems incorporated, {GA-ASI) have jointlyannounced that turbo-propeller engines which power the state-cfart MQ-9B Guardian High Altitude Long Endurance (HALE)Remotely Piloted Aircralt System (PAS) willbe provided by theHAL Engine Division at Bengaluru for the Indian market. HAL signed a Memorandum of Understanding (MOU) with Response Plus Holding PJSC (RPM), 2 leading healthcare provider of emergency medical services, remote healthcare services and ‘occupational health solutions in the United Arab Emirates. They will explore new opportunities for cooperation in the areas of Emergency Medical Services, Medical Evacuation, Helicopter Emer- gency Mecical Services and other mutually-beneficial fields in India, the Gulf region and the MENA, Region. ‘The company recently received ITSO authorisation from DGCA for its indigenously developed Cockpit Voice Recorder (CVR) and Flight Data Recorder (FDR) during ongoing Aero India 2023. ‘The company's new aircraft, HAL aircraft ‘Hindustan 228-201 LW’ has been approved by the DGCA. Ithas maximum take-off weight of 5695 kgs with 19 passenger capability HAL signed a contract with Govt. of Mauritius (GoM) for export of one Advanced Light Helicopter (ALH Mk it) for Mauritius Police Force. The Govt, of Mauritius already operates HAL built ALH and Do-228 aircraft. With this contract, HAL and GoM have further strengthened the long-standing, business relations spanning over thrae decades. Intent of Cooperation (}0C) has been recently signed between HAL and PHL for purchase orlong- term lease for 20 helicopters, 10 each civil variants of ALH Dhruvand Light Utiity Heicopters. It would also bring synergy between HAL and PHL in helicopter ecosystom and strengthen helicop- ter business in India’s civil aviation markel. It has also signed MoU with Israel Aerospace Indus- tries (1A!) to convert Givil (Passenger) aircrattto IMulti Mission Tanker Transport (MMTT) aircraft in India. HAL and BEL signed e contract for co-development and co-production of Long-Range Dual Band Infra-Red Search and Track System (IRST) for Su-30 MKI under the MAKE-I| procedure of De- fence Acquisition Procedure (DAP) 2020, as part of the ‘Make in India’ initiative.The system will enhance the Indian Air Force's air superiority Hindustan Aeronautics Limited (HAL) and Safran Helicopter Engines have signed an agreement to create @ new joint venture intended to develop helicopter engines and establishing a new aero- engine company in India. It wil be dedicated to the development, production, sales and support of helicopter engines and one of its main objectives will be to meet the requirements of HAL and. Ministry of Defence's future helicopters, Including the 13-ton IMRH (Indian Multi-Role Helicopter). Cont...Finoncial Weekly @ of SMART 2% July 2023 to 8% July 2023 1 5 41. HAL recently signed a contract worth over US$1 00 millon for supply and manufacture of 88 TPE31- 12B engines/kits along with maintenance and support services to power the Hindustan Trainer Aircraft (HTT-40). HAL-L&T consortium recently bagged Rs 860 crore contract for end-to-end realization of five Po- lar Satellite Launch Vehicles (PSLV) over a period of four years from the NewsSpace India Limited (NSIL) which is @ newly developed entty of ISRO with a sole purpose of enabling Indian industries to scale up high-technology manufacturing and production base for meeting the needs of the Indian space programme. IAC-1 Vikrantwhich was commissioned recently as INS Vikrant by the Prime Minister at Kochi are powered by four General Electric LM2500 Gas Turbines supplied by HAL. These Gas Turbines were assembled and tested at HAL's dedicated facility at Bangalore. With the power of 88 NW and top speed of 28 Knots, INS Vikrantis truly enhancing the maritime capability of India. Recently President of India inauguraledHAL's state-of-the-art integrated Cryogenic Engine Manu- facturing Facility (ICMF) in Bengaluru. The facility will cater to the entire Rocket Engine Manufac- luring under one roof for ISRO and boost self-reliance in manufacturing of Hi-thrust Rocket en- gines. Recently HAL handed Over 16th ALH Mk Ill and got Lol for 9 More from Indian Coast Guard.ALH_ Mk Ill is indigenously designed, developed and produced by HAL. The company has so farpro- duced more than 330 ALHs, @ versatile helicopter which has logged more than 3.74 lakhs of flying hours. Inlastt year the stock gave a retum of 110 %as compared to the rise of Sensex end Nifty in the same period. HAL has received significant payments from itsclients in FY2021 which continued in H1FY2022 cue to which the extemal debt has been fully repaid with healthy cash balances of Rs. 14,000 crores as on ‘Augus! 29. 2022 so the company has a zero debt to equity ratio. Mutual Fund Holding in the company has increased by 1.4% in the last quarter to 8.8,Considering the company being market leaderin defense sector backed by the government's push towards manufacturing and development in India under "Make in Incia® and “Atmanirbhar Bharat’ campaigns and exporting to the world from India, aggressive defence budget, high dividend payout and good financial performance, healthy order book position and Rss. 55000 crore worth of orders in pipeline, the company is recommended for long term period. Company has recently ‘announced the stock spilt in the proportion of 1:2 and declared a final dividend and of 715 for the FY 2022- 23550 this can be the bast opportunity for investors for making a fresh investment in this company. HET ZavERL Info@smertinvestmentin (Disclosures: At the time of willing this article, author, his etents & dependent family members may have poslions in the stocks ‘mentioned above. The suthor, ns fm, his cllents or any of his Cependent family members mey make purchases or sele of te sculls montioned in website, Author may have postions in above stocks +o have vested interest obvieusly in thelr going Up oF jun a the ease may be, ‘Disclaimer: Investing In any equly Is risky. Our recommendations are based on relable & authentisted sources believed to be ‘rup & correct, and alaa la technical cnalyaie booed on # conceived Irom charts. Invostoro should ako their ovn decielons. Wo assume no responsibly Tor any transactions undertaken by them. The author won't be lable oF responsible for any legal oF financial losses race by anyhorly. Investors must take advice trom thelr financial adviars Kelore Investing in any stocks)‘nancial Weekly @ w SMART Investment 2 July 2023 to s July 2023 1 6 a > peq DAILY MARKET UPDATES Get notified with daily market updates and events as they happen. Download our app https://play.google.com/store/appsdetails?id=app.smartinvestmentFinoncial Siu A RT Investment 2% July 2023 to s»suly 2023, 1 7 3O0SS SMART Best of Smart Services Investment Performance Report - Mid-term / Long-term co, Nome a time Brome orget Farag z 7 Twa TpeROAS 70 TOD days ry 3067025, a SE weeks MEDAN 350 aves Indian FT 50 SS weds ie ao a weeks MazoocK a Varoe 0 deo ea suv a0 PowwneD Toe 31s Bais Bank on on ONGTONIOA, Tao 185, Teerge Hel Performance Report - Futures Recomm. Target $L_—= Time frame Retum Recomm, bore Stock Name __Advioe PriceTorget PriceStop Loss Holding PeviogtéRaturn Advice date ___ End date ICICIBANK Future ami asta 4.5 dave 1% __2ompora 23012023, ark nity 24 days 16 2yp1por3 24012023, CAMARA BANK. 2.8 dave au 2up1nor3__ 25012023, sinDAt sree 28 days V6 zaprnors 2502023, Average Return 1.2% Averge Hale. Period Subscriber will receive recommendation through Telegram For more information ring to.... M. 9825306980 E : smartinvest25 @gmail.com / www.smartinvestment.in ( = Lea GE (© info@smartinvestment.in @ www.smartinvestment.in https://Awww.smartinvestment.in/service/8Ss Investment 2 suly 2023 to 8" suly 2023 1 8 VISHAL BALIYA (Co-Founder - Happy Candles Investment ) +91 7043460423 : Twitter Handle: @candles_happy;; Email: info@happycandlesinvestment.com Smart School Article 35 Happy Candles Numbers (Part 7). (Marks and Evaluation of a Company 4). MF Holding: (Total marks for this category are 5). Next point for evaluation of the company is increase, decrease or status quo of Mutual Fund holding in a company. The company can have a maximum score of 5 marks in this section. The company will either score a0, 2 marks or 5 marks in this section. if there is no investment of Mutual fund in a company or the mutual fund investment in the company is decreasing the company will score Zero marks in this section. If Mutual funds are maintaining a status quo in the company, the score will be 2 marks and ifthe mutual funds are increasing the stake the company scores 5 marks in this category. Logic behind this allocation is that Mutual funds have a solid team who do proper research before increasing, decreasing stake in a company. Even if the maintain a status quo it is also for @ reason. Studying their movement and pattern of holding tells usa story which we need to understand as an investor. Fil Holding: (Total marks for this category are 4). Noxt point for evaluation of the company is increase, decrease or status quo of Fil investment in a company. The company can have a maximum score of 4 marks in this section. The company will either score a 0, 2 marks or 4 marks in this section. If there is no investment of Fll in a company or Flis are decreasing the stake in a company. The company will score Zero marks in this section. If Flis are maintaining a status quo in the company, the score will be 2 marks and if Fil are increasing the stake the company, it scores 4 marks in this category. Logic behind this allocation is similar to Mutual funds. The Fils many times get bird eye view of what is happening in a company and a country. They have lucrative investment options across the globe. If from all the options available, they choose this particular company and decide to invest in it carries an Important signal for the investor.Investment 2 July 2023 to a" July 2023 1 9 Above is a snapshot taken from Trendlyne website depicting Fil and MF stake in ICICI Bank Share. This is not a recommendation of any kind. We are just giving an example of where to find the above mentioned data for evaluation purpose. Cash Flow:(Total marks for this category are 3). End of the day most important factor that drives the company besides it's profitability is CASH. ‘There are many companies that are profitable on paper but ace a dreadful end or closure because thoy are unable to generate cash. If the company is continuously increasing, it's cash flow tho ‘company will score 3 marks in this category. If that is not the case the marks allocated will be Zoro. Marking related evaluation is one thing but an investor should also look from where the cash is being generated. Is it generated from operation related activity or by selling some asset or due to some windfall gains. However, for the purpose of evaluation we will look at net cash generated For proper fundamental study an investor should look at quality and source of cash generation too, All the 3 information mentioned today will be easily available on various apps and websites Ike Moneycontrol, Trendlyne etc. So far we have studied about allocation of 88 marks out of 100. We will further study more details about other criteria and categories next week. We will complete evaluation criteria for Happy Candles number by the next article of Smart Investment. Disclaimer: Happy Candles Number is an indicative number which we personally use to evalu- ate stocks. itis not a guarantee of success or making money. Itis only for the purpose of education We will not be responsible for any gain or loss due to the same. Please consult your financial advisor before investing. There is no one particular formula for success. We will not be responsible {or faulty or corrupt data provided by any of the websiles in any of our arlicles. - Vishal Baliya (Co-Founder-Happy Candles Investment) - Mobile Numbor: +91 7043469423 - Twitter Handle: @candles_happy - Email: info @happycandiesinvestment.com Buy... Buy...) | _ BuyonDips Ede Shree Rama Multi 15.00 [MI Lar Fin ya7.09 fy Pl industries 9922.00 MJ eact 434.00 Kelton Tech 69.00 [I Titan 3042.00 fy M2M 1453.00 I) Eosy Trip 40.00 OriontGreen Power 11.00 [i Nam india 200.00 fu TS 451.00 fj Pv inox 1376.00 SI Bank 19.00 J] Godavari Power 97.00 fg YS Stet 704.00 NMC 104.00 Ieici Bank $24.00 Parag Milk 146.00 [MI karnataka Bank 189.00 Hindustan Foods 516.00 Patel Inter 13.00 [M} eattoons 244,00 fp SU" Pharma 1051.00 I Gujarat Gas 465.00 JayBherat Maruti 318.00 IM) Kirloskar Ele. 427.00 fg 4X9 Bank 987.00 J Apollo Hospital 5095.00 Maruti 9785.00 Aslan Painst 3262.00 [l] Manappuram Fin 132.00 ; ‘Adoni Trans. 767.00 Prakash Ind 76.00 J Dhampur Sugar 260.00 fg Metropolis 1480.00 I) Vijaya Diagnostic 472.00 NLC ina 108.00 [MI sunrise Efficient 241.00 fgg Cored Consumer 1080.00 Hf Eros intl. 19.00 ian Pa 336.00 fg NTPC 169.00 ff Hateun Agro 919.00Finoncial Weekly @ SMART Investment 2 July 2023 to 8" July 2023 20 Equichain Wealth Advisors Global Markets Nikunj Vithlani nikunj200531@gmail.com China's economic recovery hits road block Last week we have discussed surprise rate hike by BOE, Bank of England raise rates by 50-bps to 5.00% and see rate to 6.00% level before its cool-down, highest lavel since 2008. US Fed chair Jerome Powell in a testimony said that 1 or 2more rate hike may be needed before it pauses. This. week we will discuss China's growth momentum slows further and need further stimulus. China's Central bank PBOC continues its support for YUAN as currency continues to weaken. China after following strict COVID policy since March 2020 has removed strict restriction from 8-Jan-23. China June PMI @ 49 - reading below 50 is contraction The official manufacturing purchasing managers’ index was 49, barely an improvement from May and still in contraction, according to National Bureau of Statistics data published Friday. The non-manufacturing gauge - which measures activity in construction and services - slipped to 53.2 from 54.5 the previous month, still expanding but at a weaker pace. Speculation about potential policy support has been mounting as the recovery for the world's second-largest economy loses traction. After a burst of activity in the first quarter, consumer spending is slowing. The housing rebound has fizzied, exports have weakened and infrastructure investment has been muted, too. China's PBOC Sticks with Yuan Support as Currency Losses Deepen China took steps to slow a decline in the yuan for a fourth time this week, as its weakness intensified on souring sentiment toward the world's second-largest economy. The central bank set its so-called fixing for the managed currency at a stronger-than-expected level on Friday, after the offshore yuan extended a seven-month low. The move came after reports that regulators have stepped up scrutiny of currency trading and cross-border capital flows, in a bid to stabilize the yuan. China removes strong COVID restriction from January 2023 China after following zero tolerance COVID policy for more than 2 years since COVID in March 2020 has taken steps to remove restriction from January 2023 and support economy. Travelers coming into China were required to follow COVID restriction policy and go through quarantine period before of 7 days. Back in April 2023, when China's economy was showing sign of recovery, then politburo was likely to shift its support from stimulus to reforms. With China's economic recov- ery well on track, top leaders will likely tum their policy focus now to boosting business confidence, increasing jobs and strengthening the property market without adding extra stimulus.Financ Weoty ® LS | Investment 2 July 2023 to 8 July 2023 & Equichain Wealth Advisors: Market View & Opinion Nowlet us understand the sequence of China's economic policy since they remove zero COVID policy and provided stimulus package to support economic recovery after COVID. China is ex- pected to cut interest rates again this year and ramp up fiscal stimulus to spur a faltering economy, according to economists surveyed by Bloomberg. The People's Bank of China will likely reduce the rate on its one-year policy loans - known as. the medium-term lending facility - by 5 basis points to 2.6% in the final quarter of this year, accord- ing to the median estimate in the latest quarterly survey. China economic data continues to show worrying sign where as US Fed, ECB & BOE contin- es to raise rates as inflation remains key risk in developed economy. Inflation is not a concern in China - 2nd largest economy. Global market continues to trade near its recent high market is factoring in some kind of stimulus and any weakness in economic recovery will be blessing for market and risk-on sentiment. Equichain Wealth Advisors - SEBI registration number (RIA): INA000016472 Telegram channel: https://.me/Equichain Nikunj Vithlani BUY... BUY....BUY TIPS OF THE WEEK (ore) oe oT oon dite Srey cera eet) ECA) BEL i) Saale) SAU) ee Er aPek) Coe is 1113.00 Kalyan Jewe 543278 Minda Corp BK CSR) Bran) Eid ie Ey r AshokLeyland 500477 eta) x Tr (3: RH Neda rd Rainbow Child. 543524 957.00 PY -ter yore Ered IcIClLombard 540716 1339.00 TEST 540073 HDFC AMC Ear eek) =m EE eT yr eR AB Birla AMC Sere foc) Sen ESR Seas) Ber au SCT Eek TCR BombayDyeing 500020 HDFCBank 500180 1701.00 CCLProd rei) Craftsman Auto 543276 4028.00 ar Es oy cert) Lge) 500150 2552.00 sear Eye g ACC 500410 1817.00 UTLAMC. Eyre) Bleu’ Ex PRU)‘SMART Investment 2% July 2023 to a» July 2023, 22 PKH Ventures comes out with an IPO Strong order book in hand Corporate Feature Cen set) PCH Yentures Lg. (PUL) is inthe business of Cor~ suction & Development, Hospitaity and Managomont Services. It executes Civil Construction works for Thicd Party Developer projecis and has beon awarded two (2) Government Projects v2, Hyd Power Frolect, Nagpur Project and thvee (Q) Government Hotel Development Projects vz, Rajxaoar Gath Proje’. Pahadihur Project and Tara Rosert Project being executed through its Sub ‘daris/SPVs! cur Company. Ganida Constuctonis cur. tently engaged in the Givi Construction of six (6) res- ontal projects for Third Party Devolopers and Promoter Groups in the LAMA. As of March 15, 2023, Garuda Constucton's Thiel Party Developer Ordor Book wae Ro. 468.28 crore PKH Ventures Liitedis coming out wit an IPO. it wil izeue 25632000 Equiy Shares of Face Value of Rs. 5 teach nove Prise Bonds Re Ra. 140-Fls. 148 Per Equity ‘Share, The company wil 2ise upto Ps. Rs 979.35 crore {tom this IFO. The Ssue opans fo subscription on 30% Jane, 2023 ard wil eloso on sth July, 2023. The mn ‘mum appication to be mace is for 10 equity shares end in mutiplos of thoroon, thereattor. Sharea wil belated (On ESE and NSE. 1D8 Capital Markets & Securties Ltd. Js tho aole Bock Punning Load Manager and Link ntime Incia Pv Lid. the regista ofthe issue The proceeds from the fresh issue worth Rs 124.12 core wil be used ‘0 invest in ts atm Halaipant Hydro Project or cevlopmen of yore power projects. The fm wilco Use A 80 crore for nvesimont in ite arm Garuda Constructon for unding lng term working capital require- rena. The compary eaid twill aso use Re 40 erere out Of he iresh issue fo pursue organic growth through ac- ‘quisiiors and other steategteintiaves. ‘On the financial tren, forthe ist three ‘seals, phi ventures limited has posted a tumoverinet profit of 169.00 cr / Rs. 1410 er. (FY20), Re, 26463 cr. / Rs. 251.03 .(FY21), and As, 248.44 o/s, 86.42 cr. (FY22) For OM of FY23 andod on Docembor 31, 2022, i cared 2 et prott of is. 38.00. on a turnover o Rs. 155.03. “Tho company has shown proviions fer @ chare of ‘profit ensforred to nor-contoling interest and post tis fedustment is net proft for the reported patiods sR. 14.10 er, Rs. 30.57 er, Rs. 40.52 ct, and As, 2865 cr respectively. For tho last thrae fiscal, PVL has posted an average EPS of Ais. 5.24 and an average RONW of 13.267. Tho IPO Date Listing Date Face Value Offer Price Lot Size Total issue Size Fresh Issue Offer for Sale Issue Type Listing At Share holding pre issue : Share holding post issue: Lead Manager Registrar PKH Wertites IPO Details Jun 30,2023 to Ju 4, 2023 5 duly 32, 2023 Rs. 5 pershare Rs, 140 to Rs, 148 per share 4300 Shares 25,632,000 shares (aggregating up to Rs. 379.00 Cr) + 18,258,400 shares (eeeregating up to Rs. 270.22 Cr) ‘7,373,600 shares gregating up to Rs. 109.13 Cr) + Book Built Issue IPO BSE NSE 63,992,080 £2,250,480 + DBI Capital Market Services = tink intime Inca Pvt td. 2L Investment way of equity in our subsidiary, Halapan| Hydro Project 2 a a Objects of the Issue Private Limited for the development of Hydro Power Projet (iui ‘Construction and Elecromeckanical Works), Investment in Garuda Construction prec, for funding long term Working capital requirements, ‘Aeguisitions and other strategic Iniatives;and ‘To lund expenditures towards oneral corporate purpotes PKH Ventures Limited Financial Information Company Financials (Restated Consolidated} Period Ended (since) Tout asses Tou Profit ‘ner Reserve and Surplus 31-Msr20) T6500, TH156 Si War2t 2646 Ts Siwar22 e541 295.68, 3b Dee22 15503 PKH Ventures Ltd. (PVL) is in the business of Construction & Development, Dee em ee coe It executes Civil Construction works mu as ae se ac esd ‘issue is priced ata PIBV of 2.66 based on is NAV o} Rs. 56.63 per share as of December 31. 2022.. and at a PIBV o} 1.94 based ‘nits post-IPO NAV of Fis. 76.14 per shave (at the upper cap). PYL's PAT margins improved year-over-year 8.34% (FY20), 411% (FY21), 18.51% (FY22) and 18.47%, (@M-FY23) Its deby-ecuity ratio remained at a comfort level of sub 0.37 on average. So, the company 's farcially very stiong and Improving continuously. Cont.Financial Weekly es y MIA I Investment Pravin Kumar Agarwalis te Promoter CChaiman and Managing Director of the com ‘pany. He is director ofthe company since incor. poration. He has over went-fve (25) years of experienc in various businesses lke Const tion & Development, bspitaliyand Maragermen! Services. He is eurrenty responsible for overall management and affairs of the company anc entire croup incluting devising investment strategies, developing industry networks for further business development and overall development of the business. igston Eric Mendes is tho Executive Diecior of the company. Ha is @ commerce graduate from Univesity of Mum nd has dare dpioma in Hotel and institutional Maragerent form Bornhay YADA Inlerational House. Ha has an experience of more than twelve (12) years of experiance in hospital industry and has previously workad with Royal Palms (Gold & County Club) and Golden Chariot Hospitaiy Private Limted. Hess heading the Hos: pealiliaekas Ram Niranjan Bhutra is appointed as Non-Executive Di- ‘ector of ha cormpany. He is a member ofthe Insitute of Chartered Accountants of india. He has more than ton (10) yeare of export fence in eld of accouning, taxation, nance and audit. He proves his guidance to the company for operational iseuss and strategy planning for business cavelopment Prasanty, he is a financial and business consultant advsing various companies 2 suly 2023 to 8" July 2023 dan ‘The Civil Corsiruction business 's executed by ls Sub- siciary anc constuction arm, Garuda Construction. Its Hospliaity verical s in te business of owning, manag- ing ard operating hotele, roctauranle, QSRs, cpac and the sale of food products. itconeluded tne development of the Delhi Police Heedquerters in April 2021, which in- ‘volved the construction of twin towers of seventsen (17) Sloreys each, with a compote glass fagade and sleet bridge connecting the two towers. PVL is proposing to develop Forincoming Development Projects, which in- ludo real astate dovolosment at Amiitsar, Punjab: roal esiate recevelopment project at Dadar-Malunge, Mumbai: agro-processing cluster at Jelore, Rajasthan; cold ator: ‘age park'tacilties at indore, Machya Pradesh: and a Wellness centre & resort at Chiplun, Maharashtra. ‘The Company, post incomparation in the year 2000, yas managing and operating restaurant, lounges, retall ‘ules, food stale, bars, sta! canteens and food supply at various alroris across tne country. The knowledge and ] experence of providing these services lai the foundation of the Hospitality (2) hote's in Mumbai viz., Golden Ghariot Vasoi Hotel & Spa and Golden | Chariot, The Boutique Hotel near <4 urbas International Airport (Mumba Hotels") and has been wring, man aging and operating the Mumbai Ho- Ho shce FY 2015, It expanded Hos- laity operations nfo tho restaurant space In Mumbai cy by opening 125- fous) Food Pak \or°#". "P@ Comoany developed ro Mer J taurants in the year 2018 under the brand name Golden Chavict and Bala lis Restaurant Casablanca at Szhara } Star, Mumbai commences operations, in the year 2017. The OSR businass under the brand name Zebra Crossing, | Hardys Burger ana Mumbai Salsa were ] le launched in the year 2017. In No- ember 2021, the Company extended its Hospitality offering by undertaking the management and operations of uvana Resortand Spa, «usury est fat Aamby Valley, Lonavala developed by Golden Chariot Retreats and Inta Private Limited, the Group Company,Finoncial We Gj smart” Investment 2 July 2023 to 8" suly 2023 24 = Your Stock Our Recommendation AB Capital : Buy for target of 213 withs! of 183 Amarraja Battery : Buy for target of 800 withsl of 650Investment 2 July 2023 to 6" July 2023 25 ANANT RAJ Buy with SI of 1714 target 1900 This are some stocks we received from our subscribers, You can also send your to get featured in next week For any query email us on info@smartinvestment.inFinca Weety @ investment 2 sly 2023 to o> suy 2023 &% Dhanvarsha PMs cea Kuen Beco) eel hag UN tee eco) ee aE un heel ie a erence ly S441 LAG B (DURATION 6 HfSeil) CN eA 18S —— @ +91 88660 04076 | +91 96878 11911 ———Financial Weolly SMART” Investment 2-4 July 2023 to an Jsuly 2023 27 Smart Banking & Financial Services By Vijaya Kittu M, GetPaldindia.com Tracking the pulse of the Indian and Global Banking and Financial Services—so that the typical Indian Investor can benefit from it In its Financial Stability Report (FSR), RBIsaid that the bad loan ratio, which stands at 3.9% as ‘of March 2023, can improve to 3.6% by March 2024 if macroeconomics does not disturb. However, if things go bad, the ratio can go to 4.1% or 5.1% under medium or severe stress scenarios. HDFC TWINS MERGER news is making the business media busy. Upon merger, the bank will become the fourth-largest lender by market capitalization - bigger than Morgan Stanley. Experts believe that HDFG Bank will see a $29 million inflow on rebalancing. Its weightage in Nifty 50 is likely to go up from 26.3 percent to 27.3 percent. ICICI BANK Board approved the proposal to delist equity shares of (CIC! Securties. The bank holds a 74.85% stake in ICICI Securities as of March 31, Every 100 shares of ICICI Securities will fetch 67 shares of ICICI Bank. The delisting proposal is subject to approval {rom various statu- tory authorities. INDIAN BANK is considering doubling its business correspondence (BC) outlets from 10,750 to 20,000 in two years. The bank strategizes to increase its semi-urban and rural area coverage through BCs, IDFC FIRST BANK has raised Rs. 15,000 crores in Tier !I bonds for a tenor of 10 years with call option at the end of five years. The coupon rateis 8.40%, Bonds carry AA+ stable rating from CRISIL. Madhivanan Balakrishnan was recently elevated to the ED and CEO of the bank. ONGOING / UPCOMING MUTUAL FUND NFO :DsP Nifty IT ETF (July 3),Bejaj Finserv Liquid Fund and Bajaj Finserv Overnight Fund (both July 4), HDFC Non-Cyclical Con- sumer Fund (July 7), Axis Nifty IT Index Fund (July 11) and quant Healthcare Fund (July 11). Dates in brackets are NFO closing dates.OSP Multicap Fund has filed draft papers before SEBI for ap- proval on June 27, 2023. BITCOIN remained largely above $30,000 territory during the week, sparking speculations of @ potential bull run in it. Some are bullish and speculating aboutBitcoin reaching $42,000 in a few months. Thanks to institutional investor interest, US investors are largely seen driving bitcoin prices. Fidelity Investments is reportedly trying to launch an ETF that mirrors the spot prices of Bitccin. BlackRock filed for a spot Bitcoin ETF.WisdomTree, VanEck, and Invesco have taken the initial steps toward their own funds. Cathie Wood's Ark Invest filed for changes to its proposed Bitcoin fund. Reports say FTX has begun talks to re-launch its international cryptocurrency exchange services. Stock Market Online Training Program Learn Personal Finance, MF, Retirement, and investing in Equity shares Live Online Zoom Sessions with Printed Study Material and hand-holding support To Register, WhatsApp +91 98495 19188Financial Weoldy @ 4 pMART 2 July 2023 to 8 July 2023 28 SMART Investment Hard Copyis available on Every Sunday Morning at your nearest book-stall City Agent's Name Mobile No. Landline No. ‘Ahmedabad Pocket Book Centre 098240 77668 079-25508732 Vinod Agency 098982 18921 079-25510104 Mohsin Mansuri 098250 35928 079 - 25350794 Anand Mistry News Agency (098251 73432 (02692 - 251032 lliyas Book Stall 091733 95801 Akola | Vishnu Book Seller Baroda Shreenath News paper ose962 40226 | 9106956769 Bhuj Modem Book Centre 9427434752 = Baroda A.G. Vora & Co. 098240 95716 = Bhavnagar Prem News Agency 094289 90615 Bharuch Falgun News Agency 098792 37236 Gandhidham _| AH. Pandya 098252 37212 02836-20212 Jodhpur ‘Sarvoday Book Stall ‘8107589141 0291-26533734 Jamnagar Paras News Agency 9426453636 2879597 Mehsana Mahalaxmi Pustak Bhandar | 098256 36988 9428458678 Prakash Book Siall 8849416545 Mumbai ‘Ashokbhai (9833831803 Mumbai -Matunga| Alengo Book Stall 9870277195 Navsari Jaydeep News Agency (098983 59235, Nadiad Nadiad Rly. Book Stall 087349 55156 _ Rajkot Thakkar News Aghency | 099241 33518 0281-2283518 Surat Surat Book Centre (0.98790 44220 | _0261-2431158 Udaipur Kailash Book Center 098291 36695 0294-2561145 VAPI ‘Om News Agency 099242 84109 Valsad Paresh News Agency 091733 59444 More detail about Subscription visit on our website www.smartinvestment.inFinancial Weolly SMART” Investment 24 July 2023 to "July 2023 29 SMART BUY OF THE WEEK Dark Horse-1 HINDUSTAN OIL EXPLORATION COMPANY LTD (500186 & NSE) (206.00) (Face Value Rs.10) Hindustan Oil Exploration Gompany Ltd Particulars Year Ended FY23 FY22 ciVgas fields in India. Incorporated in the year | S4!@S a) ey 28 1983, Hindustan Oil Exploration Company | Operating Profit 312 8 300 Ltd. is based in Vadodara. HOE hasan eq- | PAT 194 20 870 engages into field of oil and gas exploration. The Company has participating interest in 11 uity base of Rs.132.26 crore that is supported by reserves of around Fis.815 crore. The promoters hold 0% of the equity capital, which leaves 100% stake for the investing public. For Q4FY23, HOEC posted loss of Rs.107 crore as against loss of Rs.27 crore in Q4FY23 on 817% higher income of Fis.175 crore fetching en EPS of Ris.8.06, For FY23, HOEC posted 870% higher PAT of Ris.194 crore on 258% higher income of Fis.659 crore fetching an EPS of Fis.14.67. Attho CMP, the stock is trading at P/E of just 13.2x. HOEC to drill 18 wells in Arunachal to increase production four fold. due to this in FY24 company sales & profit likely to increase sharply. Investors can watch this stock with a stop loss of Rs.180. It may give very good returns in medium to long term.Financial Week @ UA SMART 2 July 2023 to a" suly 2023 30 Dark Horse-2 HIMATSINGKA SEIDE LTD (514043 & NSE) (114.95) (Face Value Rs.5) Himatsingka is an integrated textile group [Particulars Gir. Ended with @ global footprint. The group designs, Q4Fy23 Q4FY22 Gevelops, manufactures and distributes a | Sales 689.65 764.78 suite of textile products. On the manufactur- | PBT 35.87 20.47 9 front, it operates amongst the largost ca- | PAT 22.35 8.04 pacities globally for producing Bedding, Bath, Drapery & Upholstery and Yarn products. Spread across North America, Europe and Asia, the Group operates amongst the largest brand and pri- vate label portfolios in the textile space. With a team of over 10,000 associates, Himatsingka con- tinues to build capacities and enhance reach in the global textile space. Ithas an equity base of just Ris.49.23 crore that is supported by reserves of around Ris.1399.79 crore whichis almost 28 times higher against equity. The promoters hold 47.57%, Fils hold 2.20%, Dils hold 5.12% while the investing public holds 48.13% stake in the company. Its share book value works out to Rs.147 and the price to book value ratio stands at just 0.78x. For Q4FY23, HSL posted 178% higher PAT of Rs.22.35 crore on sales of Ris.689.65 crore and an EPS of Rs.2.27. ‘Commenting on the Company's performance, Mr. Shrikant Himatsingka, Managing Di- rector & Group CEO said:"While FY 23 has been a challenging year owing to high levels of raw material and energy inflation coupled with disruptions on the demand front, we have witnessed progressive improvement on the operating performance front during H2 FY 23. Going in to FY 24, we remain focused on the progressive improvement of our operating performance and will continue our de-leveraging initiatives to optimize our capital struc- ture." Investors can watch this stock with a stop loss of Rs.100. It may give very good returns in medium to long term.Investment 2 July 2023 to 8" July 2023 31 Tridhya Tech Ltd launches its Public Issue of Rs. 26.41 crore Company plans to issue 62.88 lakh Equity shares of Rs. 10 face value ata co CU aCe ee ya Red ee cla eed) AS Corporate Feature ‘Anmedabad-based leading software develop- ment company, Tridhya Tech Ltd plans to raise up to Rs. 26.41 crore from its SME public issue which opens for subscription on June 30, The com- pany plans to use the proceads of the public is- ‘sue for the repayment of unsecured and secured loans and general corporate purposes for the company's business activities. Following the IPO, ‘company’s shares will be listed on the SME Emerge Platiorm of the National Stock Exchange. Interactive Financial Services Ltdis the lead man- ‘ager of the issue. The public issue will close cn duly 5. ‘The initial public offering comprises a fresh issuo of 62.88 lakh equity shares of faco valuo Rs. 10 each ata price band ot Rs. 35-42 per share (including a premium of Rs. 25-32 per equity share). The company plans to raise up to Rs. 26.41 crore from the public issue. The minimum lot size for the application is 3000 shares which translates to a minimum application amount of Rs. 1.05 - Rs. 1.26 lakh per application. As part of the IPO, retail investor and HINI quota is kept at not less than 35% and 15% of the issue respec- tively while the QIB quota is kept at a maximum 150% of the issue. Market maker reservation por- tion is 3.15,000 equity shares. Incorporated in 2018, Trichya Tech Limited is a full-service software development company that believes in technological empowerment and ca~ ters Its services to eCommerce, web, and mobile application development and provides end-to-end tech solutions build an effective cigital presence Headquartered in Ahmedabad, the company serves 2 global cligntele by helping them revolu- tionize the idea of thelr business through impec- cable services and provides IT consultancy sor- vices to industries like e-commerce, Real estate, ‘Transport & Logistics, Insurance, and other sec- tors. The company provides customized software TRIDHYA TEC Tridhya Tech IPO Details 1P0 Opens on June 30, 2023, IPO Closes on July 05, 2023 Issue Price Band Rs. 35-42 Per Share Issue Size (No of Shares) 62,88,000 Shares Issue Size (Re. Cr) Re. 22.01- 26.41 crore Lot Size 3,000 Shares Listing on SME Emerge Platform of NSE Ltd Highlights Public asue opens for eubscrption fom une 30and closes ondulys Minimum iot size for application is 9009 shares; Minimum application amount Re: 105-128 ach Funds ralsed trough thepubic issue wile used for repay- tmentot unsecured and secured leans and general orpo- tate purposes for he compary s business activites Upto December 2022, company reported consolidated rev- nes of Re 15.08 erore and Net Profi ol Re. 285 core Interactive Financial Servis Lie the Book Running lead manager ofthe issue Company raised Rs. 6.01crore from Anchor Investor ‘The IPO Committee of he company atits meeting help on June 127, 2023 in consultaon of fhe back running fead managers to the 7 have fnalized alocaton of 1431 lakh equiy shares ta: [chor investors at offer price of Rs. 42 per share raising Fs, 6.01 ‘crore. Company has allocated 9.54 lakh eqully shares to Craft [Emerging Market Fund - Elte Capital Fund and 4.77 lakh equity shares to Cran Emerging Market Fund - Cadel Capita! Fund, (On the frst day fhe public issue of Triwya Tech Lid received overwhelming response from the market. The IPO was subscribed 10:33 on the frst day, Retail Portion was subscribed 0.48%, HN! Potion was subsciibed 020x. products, which start from the initial concept of the product requirement, designing the architecture, coding, and testing, deploying to the final deployment of the product, Cont...Financial Weekly @ SMART Investment 2% July 2023 to 8” July 2023 32 Mr. Ramesh Marand, Managing Director, "Com pany has taken important stratogi initiatives with a focus to expand cur footprints and services. Com- any has a vision to become one of theleacing com- pany in the software development soace with best {ech infrastructure to provide end-to-end tech solu- tions powered build an effective digital presence. We are confident thal after the proposed public issue, we willbe able to execute our grawith strategy ina man- ner that ereates exponential value ‘or all stakehoid- ers, Proceeds of the issue will further strengthen company's balance sheel and help {und ils strategic growth iritiatives.” “The financial performance of the company has ex hibitad remarkable progress over the years, demon- ‘trating substantial growthand stablity, For FY21-22 ‘company reportod total roveruc of Re. 14.07 eroreand Net Profit cf Rs. 3.29 crore. For the nine months ended. December 2022, company reported total revenue of Mr. Ramesh Marand, Managing Director Ramesh has 18+ years of experience in tachnology with ~5 years as a tech entire: ‘eur in building Trchya fram ground up. He has gained immense experience through his stints as project manager in varous compa. ‘les mainiyn he ERP sofware development ‘nd application. He gotimmerse experience and knowiecge that he started his own business inIT Indusity only. Currant ha hold early two decace of he overall experience n the Nels of IT. After joining Company ac a pioneer, he has dolivered hi al time and knowledge in expansion of business activites. Curent, ha takes care of sofware development end overall business operation of, the Company. He Drives the vision, strategy and leacs cient ra lionships in Trdhya twch. Also drves staiegic allances and ex- pansion siratagy at group lavel In past sarved as a ciractor at an UK based company MSP group. He wes responsibe for robust project delivery wih quick TAT Ris. 15.08 crore and earned net profit of Ais. 2.85 crore. As on Decombor 2022, Net worth of tho company stands at Re. 20.40 ‘crore, Total Assets at Rs. 59.69 crore and Reserves & Surplus at Rs. 18.60 crore, Promoter Group shareholding pre-‘ssue is 60.8% which post-issue will be 58.08% Tate ob he An Goivey Contre with Pott a Sasa KEK2» July 2023 to se suly 2023 33 Parag Salot MISA LW (cce1 Registered Rescorch Analyst Mi :91-6030011789 Nifty Overview : In Last Trading Session, Nifty closed at 19270. Nifty is looking positive and on verge of making new highs. Nifty support is at 18700 levels. Resistance cannot be predicted yet as we feel that Nifty would may go in new range. Bank Nifty Overview : In Last Trading Session, Bank Nifty close at 44855. Similar to Nifty, Bank Nifty may also make new highs. Bank Nifty support is at 43600 levels. Resistance cannot be predicted yet as we feel that Bank Nifty would may go in new range. Trading Buy ‘Scrip Name BSE Last Enter at Code Close Between Aarti Ind 524208 507.90 500/505 BHEL 500103, 88.25 84/85, HUL 500696 2696 2670/2680 TEX 540750 128 120/125 Ipca Lab 524494 748 735/740 Metropolis 542650 1499 1480/1485 PNB 532461 52.05 48/50 RBL Bank 540065 183 170/175 Trading Sell Scrip Name BSE Last Enter at Code Close Between PFC 532810 217 235/240 ote: All calls are momentum calls based on technical analysis and all evels 2s por future prices (If scrip not avaiable in futures then BSE Cash price) Al these cals ae given based on day charts but intractay sianals are equaly important to enter the wade in atimaly manner. Timing la very Important and wo at shareinfolin.com give you timely esllo baced on Intra-day charte. Resd Disciamer at Sharetntoine‘Fnoncial Weekly SMART” Investment 2 July 2023 to s July 2023 34 Rajesh Exports Ltd ¢ BSE: 531500 NSE : RAJESHEXPO e CMP - Rs. 547 Rajesh ExportsLtd on a uEWarH JOuMmey, Corporate Feature Rajesh Exports, the Bengaluru-based retail company, hes signed a pact with the Ministry ‘of Heavy Industrios and the Department of In- custries and Commerce of the Karnataka gov- ‘ernment for a 5 GWn Iithium-lon cell factory In y | the southern state, Rajesh Exports was selected 1s one of the three successful participants in = RAJESH EXPORTS the Rs 181 billion procuction-iinked incentive (PLI) programme to produce advanced chemistry lithium-ion cells. As per the requirement cf the PLI Scheme, Rajesh Exports has incorporated a 100 per cent subsidiary in the name of ACC Energy Storage Pvt Lio, for the execution of the projact ‘The triparite agreement has been executed wherein the Ministry of Heavy Industries has assured cf all the required suppor for setting up of 5 GWhr Giga Factory. The Kamataka government has also assured all the required support and tailor-made Incentive package for seiting up the Giga Factory. Rajesh Mehta, chairman, Rajesh Exporis, said thal the company is foraying into advanced technology ‘solutions for enargy storage with an aim to provide clean and green energy. "The company will take all the required steps to emerge as a leading global player in advanced technology soluticns for energy storage." Rajesh Exports has emerged as tha single largest constituent of the gold business. It processes about 35 'per cent of gold produced in the worta. Its also one of the largest refiners of gold in the world. Rajesh Exporis Ltd is a zero debt company on standalone basis with annual sales of Rs 2431 billion (Approx. USD 33 Billion) on a consolidated basis for FY 21-22. The Company emerged as the single largest constituent of gold business in the world. Rajesh Exports procosses about 35% of ‘g0\d produced in the world, Rajesh Exports is the only Company with presence across the value chain of gold from mining til its own retail brand, ‘The Company is the largest refiner of gold in the world. With the acquisition of Valcambi, he worlds largest gold refinery at Switzerland, Rajesh Exports has built up a total capacity to refine 2,400 tons of precious metals per annum. Valcambi is a LBMA accredited refinery, the gold bars procuced at Valcambi are good delivery bars, accepted across all the precious metal exchanges of the woild and by all the Bulion banks. Rajesh Exports Lo. is the largest Manufacturer of gold products in the world. Across its various manutac- turing facilities Ralesh Exports has a total installed capacity to manufacture 400 tons of world class gold producis per annum including the finest plain and studded jewellery, medallions and coins. Rajesh Expor's has set up the world's finest R&D facilities in Switzerland and in India for developing new designs and for ‘evolving innovative manufacturing process for manufacture of world class gold products. ‘The Company exports its products to various countries around the world and also supplies its products to bullion banks, central banks wholasale jewellery trace and retail jewellery trade. Rajesh Exports has set up 82 retail jewellery showrooms under the brand name of SHUBH Jewellers. SHUBH Jew- llets 1s one of the most trusted house- hold jewellery brand names in South In- cia and is known for quality, designs and value for money prices of its products. +eInvestment 24 July 2023 to 8" July 2023 35 WSestetmediC JBM Auto (Rs. 1335.00) (Code: 532605) :- This stock was trading at Rs. 6 at the beginning of 2014 and has surged to a high of Rs. 1369 in 2023, delivering multl-bagger returns to investors. The B group listed shares touched a 52-week high of Rs. 1369 and a low of Rs. 361. For the March quarter, income fell from Rs. 1072 crore to Rs. 1010 crore and profit from Fis. 86 crore to Rs, 28 crore. However, at Rs. 3857 crore and Rs. 398 crore respectively for the fiscal ended March 2023, the income and operating profit were the highest ever. Its equity is Rs. 24 crore and its reserves are Rs. 1006 crore. Promoter holding is 67.53%. The auto sector has bottomed out and auto ancillary companies are performing very well. The company is a big name in auto compo- nents and electric buses. One can invest in the stock in tranches. The company's market cap is Rs. 15,793 crore. It has won several orders for supplying electric buses to states. Sarda Energy (Rs. 1470.00) (Code: 504614) :- The A group listed shares have a face value of Rs. 10. The shares touched a 52-week high of As. 1483 and a low of Rs. 793. The flagship company of Sarda Group has a market cap of As. 5180 crore. It makes products such as ‘sponge iron, billets and wiro roads, ‘erroalloys, eco-bricks, and pollets. It also has a presence in mining and power sectors. The company's equity is Rs. 35 crore and reserves are Rs. 3375 crore. Promoter holding in the company is 72.64%. Fils and Dils hold 2.44% and 3.76% stakes respec- tively. For the March quarter, its income went up from Rs. 1058 crore to Rs. 1076 crore, while profit fell from As, 207 crore to Rs. 115 crore. For the whole year, income was Rs. 4212 crore and profit Rs. 604 crore. The stock is trading at just 8.65 times the annual earnings of Rs. 170.87. With the metal sector gaining strength, the stock can be considered. HDFC AMC (Rs. 2296.00) (Code: 541729) :- SEBI has deferred its decision to rationalise the total expense ratio (TER) that mutual fund schemes can charge their investors, which is expected to benefit asset management companies. HDFC AMC is a leading asset man- agement company and gave excellent returns to investors post-listing even in a weak market. However, the stock was in negative trend for some time. The A group listed shares touched a 52- week high of Rs. 2314 and low of Rs. 1595. The company has a market cap of Rs. 49,020 crore. Promoter holding is 62.77%. The mutual fund business has seen exponential growth in the last ‘seven years. The mutual fund business |s expectad to cross Rs. 100 lakh crore in the coming days, which augurs well for HDFC AMC. For FY 2023, its income increased from Rs. 2429 crore to Rs. 2478 crore, and profit from Rs. 1393 crore to Rs. 1424 crore. One can invest in the stock in tranches. Apollo Tyres (Rs. 405.00) (Code: 500877) :- Apollo Tyres is an Indian multinational tyre manufacturer. The company has six manufacturing units, of which four are in India and one each in the Netherlands and Hungary. It is establishing another plant in Anchra Pradesh. The company markets its products under its two global brands, Apollo and Vredestein. Its products are available in over 100 countries through a vast network of branded, exclusive and multi-product outlets. The product portfolio of the company includes the entire range of passenger cars, SUVs, MU\s, light trucks, truck-bus, two-wheeler, agriculture, industrial, speciality, bicycle and off-the- road tyres, and retroading material and tyres. It ranks among the global top 20 tyre makers. Apollo ‘Tyros has been recognised as tho ‘Best Company To Work For’ both in Asia and Europe. Apollo Tyres acquired Germany's Reifencom GmbH in 2015 and Apollo Vredestein BV in the Nether- lands in 2009. Its reserves are 156 times the equity. The company is seen as a bonus candidate. For fiscal 2023, it reported income of Rs. 24,568 crore and profit of Rs. 1104 crore. Forthe March quarter, income was R's. 6247 crore and profit Rs. 427 crore. The stock can be bought witha target mig of is. 51 in thenext mons wth sop oss ol Rs 385. . (lip hh enews Anat LED necesFinncial Weely @ SMART 2 July 2023 to sr July 2023 36 A AngelOne Open Free Demat Account in Just 5 Min* Equitlas Derivatives Commodities Gurrency Futures E> aril Depository Portfolfo. Distribution Insurance Services Management of IPO Services & el Mutual Funds Fixed Deposits https://angel-one.onelink.me/Wjgr/8tma4nzkInvestment 2 July 2023 to a" July 2023 37 ‘Sarvesh Ashok Trive (Mumbai) (Mob) 09820728124 www.chartsanketstoc! Important Support for Index at 64000 and Nifty Future at 19000 BSE Index (64718.56) :- it shows an upward trend from the bottom of 62853.56. it shows ‘an overbought position on a daily, weekly, and monthly basis. On upward movernent, beyond 64770 it may go up to 64800, 65210, 65620, 65900, and 66000. On downward movement, below 64390 it may get support at 64000. Bank Nifty Future (44850.50) :- It shows an upward trend from the bottom of 43313.30. It shows an overbought position on a daily basis, an overbought to neutral on a weekly basis, and ‘an overbought position on a monthly basis. On upward movement, beyond 44894 it may go up to 44930, 45270, 45600, and 45940. On downward movement, below 44700 it may get support at 44520 and 44200. Nifty Future (19261.25) -- it shows an improvement from the bottom of 18665. It shows. towards an overbought position on a daily basis, while an overbought position on a weekly and monthly basis. On upward movement, beyond 19273 it may go up to 1930, 19400, 19485, 19535, 19600, 19665, 19730, and 19800. On downward movement, below 19190 it may go down to 19130 and 19082 with support at 19000. Central Bank (29.05) :- It shows an upward movement from the bottom of 25.95. It shows, ‘an overbought position on a daily basis, an overbought on a weekly and monthly basis. L&T Finance (127.70) :- it shows an improvement from the bottom of 78.95. It shows an ‘overbought position on a daily, weekly, and monthly basis. On upward movement, once it crosses the 128 level it may touch 135, 144, 159, 163, and 172 in the long term. On downward movement, support could be at 115. LUPIN (901.75) :- Itshows an improvement from the bottom of 628. It shows an overbought position on a daily, weekly, and monthly basis. On upward movement, beyond 908 it may go up to 915, 957, 975, and 1000. On downward movement, below 876 it may get support at 860. RBL Bank (181.95) :- it shows an improvement from the bottom of 138.85. It shows a neutral position on a daily basis, an overbought on a weekly basis, and a neutral position on a daily basis. On upward movement, beyond 188 it may be in a rangp of 189 to 195. On downward movement, below 173 it may get support at 166. Sun Pharma (1051.60) = It shows an upward movement from the bottom of 933.45. It shows an overbought position on a daily and weekly basis, while 2 neutral position on a monthly basis. On upward movement, beyond 1055 it may go up to 1073, 1081, 1100, and 1110. On downward movement, below 1037 it may get support at 1016. Disclosure : The Recommendations are based on technical analysts. There is a risk of loss in trading.fin asi ® Og smart 2 July 2023 to ar suly 2023 Ai investment ON OUR PLATFORM SCAN THIS Siidft IHUESEMERE Website Index 1,83,333 hits only 1 Week Total number of Hits 1,94,64,444 Future - Options, Stock - Watch, Funda - Picks, Technical Shares, Speculative Scrips, Primary Market,FinoncolWeotiy @ SMART Investment 2 July 2023 to 9” July 2023 39 cs Dilip Davda M e-mail = dela AC) It's a week of Au Time H igh OMG -Flls/FPIs bullish for India story For the volatile week, while BSE Sensex moved in the range of 64768.58-62853.67, NSE Nifty hovered between 19201.70-18646.70. For the derivatives expiry week, BSE Sensex marked a net weekly GAINs of 1739.19 points and NSE Nifty reported a net weekly GAINs of 523.55 points. Weekly Movements of benchmarks: Monday-The first session of the week not only marked divergent opening, but it also closed on a differing note. While BSE Sensex opened on a flat but red not, it closed with minor loss. Sensex closed at 62970.00 with a mere loss of 9.37 points. NSE Nifty market ‘opening and closing in green notes. Nifty scored just 25.70 points to end the day at 18691.20. Delayed monsoon kept a tab on the general sentiment. Auto, Consumer Durables, Healtheare, FMCG counters were in limelight while Banking, IT counters were under selling pressure. Though Mid and Small cap indices outperformed benchmarks, weak trends for the side market and pivotal kept market breadth marginally negative. Fils were the net sellers and Dils were the net buyers for the day. Tuesday- With a gap up opening for the second session, market set its mood for making BONUS MEET] newall-time high with trades in green. BSE Sensex scored 446.03 sunrisettilent (93.07.23), | poi ity gai oats Business (0507.23), points to end the day at 63416.03 and NSE Nifty gained 126.20 Earum Pharma (14.07.23), RIGHTS ISSUE points to close at 18817.40. Renewed urbing (23.0222) Billwin Ind (7 for 8) BONUS ANNOUNCEMENT buying on Banking counters lead the rally Raghav Prod (1 fora), ECBONUS! and it got support from IT, Metal, FMCG Kamdhenu Ventures (1for1).| | Dev Plastiks (1 for 10), DIVIDEND ANNOUNCEMENTS, REC (43.5%), Ultramarine & Pigments (250%), HAL (150%), ICICI Bank (4005), Superhouse (10%), ete. counters as monsoon arrived with a big bang. FPIs and Fils were bullish on India Cont...Smart” Investment 2 July 2023 to 8” July 2023 40 story and emerged big net buyers. Mid and Small cap indices surprisingly underperformed benchmarks indicating index based trades that kept market in green. Flls tuned net buyers and Dis emerged as the net sellers for the day. In a surprised move, Market holiday of Wednesday on account of Bakr' Id shifted to Thursday, that resulted in short coverings and gains in the market, opined market grapevine. Wednesday-We witnessed gap up opening for the second session in a row and green trades for the day. BSE Sensex gained 499.99 points to close at 63915.42 and NSE Nifty scored 154,70 points to end the day at 18972.10, Onset of good monsoon despite delay brought cheers and global markets recovery propelled sentiment for our markets. Both benchmarks touched new historic intraday high of 64+K for Sensex and 194K for Nifty. Pharma, Oil and Gas, Auto, Banking counters gained amidst fresh buying from bulls and fund houses. Mid and Small cap indices underperformed, but selective buying in the side market and heavy weights kept market breadth marginally positive. Flls were the net buyers and Dis were the net sellers for the day. Thursday - All markets were closed on account of Bakri-Id Holiday. Nifty & Sensex Movement during the week Sensex Open High Low Close Diff 26-06-2023 62,946.50 63,136.09 62,853.67 62,970.00 -9.37 27-06-2023 63,151.85 63,467.54 63,054.84 63,416.03 446.03 28-06-2023 63,701.78 64,050.44 63,554.82 63,915.42 499.39 29-06-2023 Bakri Id Holiday NA 30-06-2023 64,068.44 64,768.58 64,068.44 64,718.56 803.14 Net Weekly Gains 1,739.19 NSE - Nifty Open High ‘Low Close Diff 26-Jun-23 18,682.35 18,722.05 18,646.70 ‘18,691.20 25.70 27-Jun-23 18,748.55 18,829.25 18,714.25 18,817.40 126.20 28-Jun-23 18,908.15 19,011.25 18,861.35 18,972.10 154.70 29-Jun-23 Bakri Id Holiday Na 30-Jun-23 19,076.85 19,201.70 19,024.60 19,189.05 216.95 Net Weekly Gains 523.55SiwartT® Investment 2% July 2023 to sn July 2023, 41 Friday - We marked the hat trick of gap up opening and green trades for the last session. BSE Sensex scored 803.14 points to end the day at 64718.56 and NSE Nifty gained 216.95 points to close at 19189.05. Both benchmarks posted new intraday high of 64768.58 and 19201.70 and historic closing of 64718.56 and 19189.05 respectively. M & M lead the rally and got support from Infosys, Indusind Bank, Sun Pharma and HereMoto, while Adani Ports load the team of laggards and was supported by Grasim, Apollo Hospital, HDFC Life and Adani Enterprises. Surprisingly Mid and Small cap indices underperformed benchmarks, but upbeat side market and heavy weights kept market breadth positive. Fils and Dlls both were the net buyers for the day. The week ahead :- Brent crude hovered in a narrow rangeand marked74.6$ a barrel by the weekend,Rupee hovered in a narrow range and endedthe week atRs, xx a dollar.We have around 30+ corporate meetingsfor the ensuing week. Market men now eyes G1 numbers and other macro and micro economic data along with Cement and Auto sector June month's dispatch data and progress of monsoon. Global trends will keep a tab on the general sentiment as usual. Looking at the Flls trends, we might see slow and steady upbeat mood of the market. Amidst such a scenario, BSE Sensex may move in the range of 65250 - 62500, and NSE Nifty between 19750-18500. DISCLAIMER : No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here Is purely for educational and information purposes only and under no circumstances should be used for making Investment decisions. Readers must consulta qualified financial advisor before making any actual investment decisions, based onthe information published hore. Any reader taking decisions based on any information published hore does so ontiraly at its ‘own risk. Investors should bear in mind that any investment in stock markets is subject to unpredictable market-related risks. The above information is based on RHP and other documents available as of date coupled with market perception. The author has no plans to invest in this offer. (SEBI registered Research Analyst-Mumbal).