logo
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 14 July 2025

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 14 July 2025

Mint5 days ago
Breakout stocks buy or sell: The Indian stock market closed sharply lower on Friday, July 11, as escalating tensions from the US-led trade war and a disappointing start to the Q1 earnings season weighed heavily on investor sentiment.
The Sensex dropped 690 points, or 0.83 per cent, to close at 82,500.47, while the Nifty 50 fell 205 points, or 0.81 per cent, ending at 25,149.85.
Among broader indices, the BSE Midcap index slipped 0.65 per cent, and the Smallcap index declined by 0.70 per cent.
Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the Nifty 50 index has slipped below the crucial support levels of 25,250 on a closing basis.
Speaking on the outlook of Indian stock market, Bagadia said, ' The next crucial support for the key benchmark index is placed at 24,900. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option."
Sumeet Bagadia recommends five breakout stocks to buy today: Asahi India Glass, Syrma SGS Technology, Rallis India, NTPC Green Energy, and SBFC Finance.
1] Asahi India Glass: Buy at ₹ 851.70, target ₹ 920, stop loss ₹ 820;
2] Syrma SGS Technology: Buy at ₹ 678.45, target ₹ 732, stop loss ₹ 654;
3] Rallis India: Buy at ₹ 343.55, target ₹ 367, stop loss ₹ 331;
4] NTPC Green Energy: Buy at ₹ 112.18, target ₹ 120, stop loss ₹ 108;
5] SBFC Finance: Buy at ₹ 119.02, target ₹ 128, stop loss ₹ 114.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Reliance Industries Ltd's Q1 net profit surges 78% to Rs 26,994 crore
Reliance Industries Ltd's Q1 net profit surges 78% to Rs 26,994 crore

Deccan Herald

timea minute ago

  • Deccan Herald

Reliance Industries Ltd's Q1 net profit surges 78% to Rs 26,994 crore

New Delhi: Reliance Industries Limited (RIL) on Friday reported 78 per cent surge in its consolidated net profit for April-June quarter boosted by higher margins in oil and gas businesses and Rs 8,900 crore one-time gains from the sale of its stake in Asian net profit of oil-to-telecom conglomerate surged to a record high of Rs 26,994 crore in the quarter ended June 2025 from Rs 15,138 crore recorded in the corresponding period of the previous year. Excluding the exceptional gain from the stake sale in Asian Paints, RIL's net profit during the quarter under review was higher by 20 per cent company's profit is substantially higher than analysts' estimates. RIL also posted its highest-ever consolidated quarterly Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA). The company's EBITDA surged by 35.7 per cent to Rs 58,024 Retail acquires consumer durables brand Kelvinator for nearly Rs 160 cr.'Consolidated EBITDA for 1Q FY26 improved strongly from a year-ago period, despite significant volatility in global macros,' RIL Chairman and Managing Director Mukesh Ambani said in a statement. He said the company's O2C (oil-to-chemicals) business delivered strong growth despite sharp fluctuations in crude prices. O2C EBITDA increased by 10.8 per cent year-on-year due to favourable margin on domestic fuel retail, improvements in transportation fuel cracks and PP, PVC delta. This was partially offset by lower volumes on planned turnaround and decline in polyester chain margins. 'Performance was supported by improvement in fuel and downstream product margins. Natural decline in KGD6 gas production resulted in marginally lower EBITDA for Oil & Gas segment,' Ambani said. Reliance Industries posted consolidated revenues at Rs 273,252 crore ($31.9 billion) for the April-June quarter, up 6 per cent year-on-year, supported by continued revenue growth in consumer Platforms posted a 25 per cent jump in its profit to Rs 7,110 crore with EBITDA up nearly 24 per cent to Rs 18,135 crore. The company added nearly 1 crore net subscribers during the quarter.'I am happy to share that Jio has scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connects. Jio AirFiber is now the largest FWA service provider in the world, with a base of 7.4 million subscribers,' Ambani Retail's net profit jumped by 28 per cent year-on-year to Rs 3,271 crore in April-June quarter. Expansion in store network and consumer brand businesses boosted the company's earnings during the company claimed that its customer base expanded to 358 million during the quarter under review while it also posted significant improvement in operating metrics.'We are focusing on strengthening the portfolio of own FMCG brands, which resonate with the tastes of Indian consumers. Our Retail business continues to enhance its ability to fulfill everyday as well as specialized needs of all customer cohorts, through a multi-channel approach,' Ambani said.

RIL Q1 Results: 10 key takeaways from Mukesh Ambani-led energy-to-retail conglomerate's earnings
RIL Q1 Results: 10 key takeaways from Mukesh Ambani-led energy-to-retail conglomerate's earnings

Economic Times

timea minute ago

  • Economic Times

RIL Q1 Results: 10 key takeaways from Mukesh Ambani-led energy-to-retail conglomerate's earnings

ANI Reliance Industries delivered record Q1FY26 earnings with ₹26,994 crore profit, as Jio's 5G base crossed 200M and retail and O2C businesses posted strong growth. Energy-to-retail conglomerate Reliance Industries (RIL) on Friday posted its June quarter earnings where the company reported several key milestones, including its highest ever consolidated quarterly operating profit and net profit. Its telecom business surpassed 200 million 5G subscribers while the retail business delivered a double-digit EBITDA and industry leading EBITDA margin. Mukesh Ambani-led RIL reported a 78% year-on-year increase in its Q1FY26 consolidated net profit to Rs 26,994 crore, compared to Rs 15,138 crore in the year-ago period. The profit, attributable to the owners of the company, exceeded Street estimates of Rs 22,069 crore. The profit after tax (PAT) grew 39% on a sequential basis versus Rs 19,407 crore in surge in profit was primarily driven by one-time gain of Rs 8,924 crore from the sale of RIL's stake in Asian Paints. Also Read: Reliance Industries Q1 Results: Cons PAT jumps 78% YoY to Rs 26,994 cr, beats Street estimates The company's revenue from operations rose 5.3% to Rs 2,48,660 crore versus Rs 2,36,217 crore in the year ago period. Its gross revenue stood at Rs 2,73,252 crore in the quarter under review. It was up 6% on a YoY basis. The company's Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) stood at Rs 58,024 crore rising by 36% over Rs 42,748 crore reported in the year ago period. Meanwhile, the EBITDA margin in the reported quarter stood at 21.2% rising by 460 bps on a YoY basis. RIL's net debt as on June 30, 2025 stood at Rs 1,17,581 crore versus Rs 1,17,083 crore in Q4FY25 and Rs 1,12,341 crore in Q1FY25. Reliance Jio, the telecom and digital arm of Reliance Industries reported a 25% YoY growth in its net profit at Rs 7,110 crore for the first quarter. While revenue from operations grew 19% YoY and stood at Rs 41,054 crore in the same period. The EBITDA Jumped 24% YoY to Rs 18,135 crore while EBITDA margin stood at 51.8%, rising 210 bps YoY. The Average Revenue Per User (ARPU) stood at Rs 208.8, up 15% YoY. JioTrue5G user base crossed the 200 million milestone during the quarter and now stands at 213 million as of June the quarter, Jio reached the milestone of ~20 million connected premises with fixed broadband. Read more: Reliance Jio Q1 Results: PAT grows 25% YoY to Rs 7,110 crore; ARPU at Rs 208.8 Reliance Retail Ventures (RRVL) reported a 28% YoY growth in its net profit at Rs 3,271 crore for the first quarter. While revenue from operations grew 11% YoY and stood at Rs 73,720 crore in the same period. EBITDA stood at Rs 6,381 crore, growing by 13% YoY while EBITDA margin was reported at 8.7%, recording a 20 bps business expanded its store network with 388 new store openings taking the total store count to 19,592 with area under operation at 77.6 million square feet. The registered customer base grew to 358 million. JioMart expanded quick hyper local deliveries registering 68% QoQ growth and 175% YoY growth of daily orders. Segment revenue for 1QFY26 is lower by 1.5% YoY to Rs 154,804 crore ($ 18.1 billion) due to fall in crude oil prices and lower volumes on account of planned shutdown. Revenues were supported by higher domestic placement of transportation fuels through the Jio-bp network. Segment EBITDA for 1QFY26 increased by 10.8% YoY to Rs 14,511 crore ($ 1.7 billion) due to favourable margins on domestic fuel retail, improvements in transportation fuel cracks as well as PP & PVC deltas. This was partially offset by lower volumes due to planned turnaround, and decline in polyester chain margins. Read More: Reliance Retail Q1 Results: PAT rises 28% YoY to Rs 3,271 crore, revenue up 11% Reliance BP Mobility Limited (RBML) operating under brand Jio-bp, operates a country-wide network of 1,991 outlets versus 1,730 in 1QFY25. RBML quarterly sales for HSD (High Speed Diesel) grew at 34.2% and MS grew at 38.6% on YoY basis as against industry sales volume growth rate of (1.3%) for HSD and 7.1% for MS. RBML continued its robust sales clocking 172 TKL in 1QFY26 despite multiple disruptions during the quarter. 1QFY26 revenue is lower by 1.2% YoY mainly on account of lower sales volume of KGD6 gas in line with natural decline in production. Revenue was also impacted by lower gas price for CBM gas and lower crude price realisation. This was partly offset by higher KGD6 gas price. The average price realised for KGD6 gas was $ 9.97/MMBTU in 1Q FY26 vis-à-vis $ 9.27/MMBTU in 1QFY25. The average price realised for CBM gas was lower at $9.90/MMBTU in 1Q FY26 vis-à-vis $11.59/MMBTU in 1Q FY25. EBITDA declined 4.1% to Rs 4,996 crore on YoY basis on account of lower revenues coupled with higher operating costs due to maintenance activity. Commenting on the results, Chairman & Managing Director Mukesh Ambani said that RIL has started FY26 with a robust, all-round operational and financial performance. Consolidated EBITDA for 1QFY26 improved strongly from the year-ago period, despite significant volatility in global macros, he said. "During the quarter, energy markets encountered heightened uncertainty, with sharp fluctuations in crude prices. Our O2C business delivered strong growth, with thrust on domestic demand fulfillment and offering value-added solutions through Jio-bp network. Performance was supported by improvement in fuel and downstream product margins. Natural decline in KGD6 gas production resulted in marginally lower EBITDA for the Oil & Gas segment," Ambani the retail business, the CMD said that RIL's retail business continues to enhance its ability to fulfill everyday as well as specialized needs of all customer cohorts, through a multi-channel for Jio, he said that the business scaled newer heights during the quarter including crossing 200 million 5G subscribers and 20 million home connections. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Xi-Jaishankar meeting, Nvidia's Jensen Huang in Beijing, and GDP data
Xi-Jaishankar meeting, Nvidia's Jensen Huang in Beijing, and GDP data

Indian Express

timea minute ago

  • Indian Express

Xi-Jaishankar meeting, Nvidia's Jensen Huang in Beijing, and GDP data

Minister of External Affairs S Jaishankar met Chinese President Xi Jinping during his first visit to China after the 2020 standoff along the Line of Actual Control (LAC) began. Jaishankar was in Tianjin to attend the meeting of foreign ministers from Shanghai Cooperation Organisation (SCO) countries on July 14 and 15. China had another high-profile visitor this week in Jensen Huang, the CEO of the tech giant NVIDIA. Earlier this month, it became the first public company in history to achieve a market capitalisation of $4 trillion. Huang spoke in Mandarin at an event in Beijing and signed autographs as part of what's been described as a 'charm offensive'. Finally, as we mentioned last week, China's latest GDP numbers for April to June were released, revealing a better-than-expected 5.2% growth. Here is a closer look at these developments: Following Defence Minister Rajnath Singh's June visit to China, which holds the rotating SCO presidency this year, Jaishankar went to Tianjin in northeastern China last week. While Singh refused to sign a draft statement that did not mention the Pahalgam terror attack, Jaishankar also used the platform to speak about terrorism. He said the SCO was founded in 2001 to combat the 'three evils' of 'terrorism, separatism and extremism', and that the grouping needed to take an 'uncompromising position on this challenge'. In a post on X, the minister said he 'Apprised President Xi of the recent development of our bilateral ties. Value the guidance of our leaders in that regard.' UPSHOT: In a statement during a meeting with his Chinese counterpart Wang Yi, Jaishankar noted that 'Since our leaders' meeting in Kazan in October 2024 (for the BRICS summit), the India-China relationship has been gradually moving in a positive direction. Our responsibility is to maintain that momentum.' That month, India and China completed the process of disengagement of troops in the Depsang Plains and Demchok areas of eastern Ladakh, two friction points along the LAC. 'We have made good progress in the past nine months for the normalization of our bilateral relations. It is a result of the resolution of friction along the border and our ability to maintain peace and tranquility there,' he said. This was significant, given the lack of discussion on these locations until recently. Easing of border-related disagreement, at least to an extent, has heightened the pace of cooperation in other areas, such as the resumption of the Kailash Mansarovar Yatra. An opinion article published in Global Times, the Chinese state media website, also had an interesting perspective about the slow pace of normalisation. 'New Delhi… begun to highlight its economic and security concerns regarding China. Many Chinese analysts pointed to the US factor behind Indian hesitation, while Indian scholars emphasized that India not be defined solely by its relationship with the US. How New Delhi handle the US divide-and-rule tactics will significantly affect its efforts on how and when to reset ties with China.' The Xi-Jaishankar meeting also led some commentators to speculate that Prime Minister Narendra Modi may visit China in late August for the SCO annual summit. The Taiwan-born CEO of the chip-designing giant has made several trips to China in recent years. This was his third trip in roughly the last six months. Huang did a host of things — he met Chinese Vice Premier He Lifeng, and Xiaomi founder and CEO Lei Jun, whom he called 'a brilliant business person' according to a CNBC report. At one point, he 'swapped his signature leather jacket for traditional Chinese-style attire and delivered a speech at the opening ceremony of a government-backed business fair, partly in Chinese,' The Wall Street Journal reported. He called China's supply chain 'a miracle,' praising the country's researchers, developers and entrepreneurs. UPSHOT: The visit came as Nvidia announced on Tuesday that it may soon sell its H20 chips again. They were meant for the Chinese market after its higher-quality chips were restricted by the US government. However, these chips were also prevented from being sold in China later. It was part of the policy to deprive China of key AI technology for strategic and security reasons, as the capability gap between the two countries narrows. 'NVIDIA is filing applications to sell the NVIDIA H20 GPU again. The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon,' a statement from the company said. Relatively less advanced, these chips were positioned by the company as preventing the growth of Chinese indigenous companies, while also conveniently benefiting an American company. The New York Times recently reported that Huang recently met US President Donald Trump in the Oval Office and 'pressed his case for restarting sales of his specialized chips'. 'He argued that American chips should be the global standard and that the United States was making a grave mistake by ceding the giant Chinese market to homegrown rivals,' it added. However, Huang has also been criticised by some US politicians for excessively attempting to deepen ties with China. Since the second quarter covered the period when Trump announced his 'Liberation Day' tariffs, the release of this data was eagerly awaited to see how the Chinese economy fared. Undoubtedly, maintaining an above-5% growth rate is a positive sign, but the data also showed lower growth in domestic consumption, something long described as a problem area. We wrote two explainers breaking down the data this week. First, we looked at how the numbers stand and the recent factors that helped and hurt the economy. Second, we spoke to an analyst of the Chinese economy about the larger causes behind deflation and a slump in consumption. The bottom line is that while exports and manufacturing remain important drivers, domestic issues need to be addressed as well. Moreover, the data from later in the year could drive decisions on stimulus packages. Rishika Singh is a Senior sub-editor at the Explained Desk of The Indian Express. She enjoys writing on issues related to international relations, and in particular, likes to follow analyses of news from China. Additionally, she writes on developments related to politics and culture in India. ... Read More

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store