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Navin Fluorine shares fall 3% post Q4 results: Here's what brokerages say

Navin Fluorine shares fall 3% post Q4 results: Here's what brokerages say

Navin Fluorine reported a revenue from operations of ₹700.94 crore in Q4 FY25, up 16.44 per cent year-on-year (Y-o-Y) from ₹601.95 crore in the year-ago period
Devanshu Singla New Delhi
Navin Fluorine International share price today: Shares of speciality fluorochemicals company Navin Fluorine International fell over 3 per cent to hit an intra-day low of ₹4,435 on Monday after the company reported its March 2025 quarter (Q4FY25) results.
At 2:10 PM on Monday, Navin Flourine's stock was quoting at ₹4,444, down 3.3 per cent on the National Stock Exchange (NSE). In comparison, the benchmark Nifty50 index was trading at 24,842.25, up 834.25 points or 3.5 per cent. The stock reversed gains after hitting a 52-week high of ₹4,748 in today's trading session. The company's total market capitalisation stood at ₹22,030.47 crore.
Navin Fluorine Q4 FY25 result update
Navin Fluorine reported a revenue from operations of ₹700.94 crore in Q4 FY25, up 16.4 per cent year-on-year (Y-o-Y) from ₹601.95 crore in the year-ago period. The company's earnings before interest, tax, depreciation and amortisation (Ebitda) rose 62.4 per cent to ₹178.71 crore compared to ₹110.04 crore in the corresponding quarter of the previous fiscal. Ebitda margin improved 721 basis points (bps) to 25.5 per cent from 18.3 per cent. The company's profit after tax (PAT) came in at ₹94.98 crore, up 35 per cent from ₹70.38 crore in the year-ago period.
According to the MOFSL report, with the increasing use of fluorine in the pharma and agro space, battery chemicals, and performance materials, the CDMO (Contract Development and Manufacturing Organisation) business of Navin Flourine is expected to grow at a compound annual growth rate (CAGR) of 53 per cent of over FY25-27.
The company has already identified opportunities in its segments, such as a capability capex in speciality chemicals with ₹360 million in peak revenue, Fermion contract with a value of $30 million over three years, and a strategic agreement with Chemours to set up an initial commercial capacity for manufacturing of an innovative liquid cooling product, which is expected to be commissioned in Q1 FY27.
Citing expensive valuations, the brokerage has maintained a 'Neutral' rating on the stock with a target price (TP) of ₹5,060.
Axis Securities
According to analysts at Axis Securities, Navin Fluorine continues to prioritise business expansion, enhancement of its technology capabilities, development of strategic partnerships and long-term sustainable growth.
"While we acknowledge upside risks in terms of quicker-than-expected ramp-up in utilisation levels and contributions from new products, we believe the stock has already priced in most positives, and a further re-rating would depend on the successful execution and validation of growth initiatives," the brokerage said in a research note.
Axis Securities has downgraded the stock from 'Buy' to 'Hold'; however, raised the target price to ₹4,440 from ₹4,300 earlier.
PL Capital
The brokerage firm says that the recent expansion of R-32 capacity by 5,000 mtpa was commercialised in March 2025 and is already operating at optimal utilisation levels. Additionally, the ongoing capex for AHF (Anhydrous Hydrogen Fluoride) is on track for commissioning by the September 2026 quarter (Q2 FY26). The company's speciality chemicals segment remained flat Y-o-Y, with both the Dahej and Surat facilities running at optimal capacity.
According to the research note, the company management has indicated strong order visibility for FY26, with two new molecules scheduled to begin commercial supplies in Q1 FY26. "We believe long-term fundamentals of the company are intact. The strong order pipeline, expanding capacity, and improving realisations are expected to be key growth drivers going forward," the brokerage said. It has maintained an 'Accumulate' rating on the stock.
Established in 1967, Navin Fluorine International is one of the largest speciality fluorochemical manufacturers in India. It is primarily engaged in the production of refrigeration gases, inorganic fluorides, speciality organofluorines and offers contract research and manufacturing services. The company's portfolio includes more than 50 fluorinated compounds with manufacturing facilities in Surat and Dahej in Gujarat and Dewas in Madhya Pradesh. Its Surat facility specialises in the manufacturing of refrigerants, various organic and inorganic fluorides.

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Vijay L Bhambwani's Ticker: Retail traders getting into overdrive
Vijay L Bhambwani's Ticker: Retail traders getting into overdrive

Mint

time44 minutes ago

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Vijay L Bhambwani's Ticker: Retail traders getting into overdrive

Last week, I analysed statistical data and wrote that retail traders were getting more aggressive. That aggression not only continued, but retail traders stepped on the gas to go into overdrive. As per the last data available on NSE's website at the time of writing this piece, retail traders bought the highest number of shares with a margin-funded facility. Clearly, there is a sense of urgency in this buying because they are resorting to borrowing when their own capital is falling short. I have repeatedly warned you from many quarters that high leverage and statistical ßeta (pure price volatility) go hand in hand. Also note that I have written about how calendar 2025 marks the onset of procyclicality in financial markets. This economic phenomenon occurs after prolonged periods of time when asset prices and the economic outlook diverge. Mean reversion is triggered, and asset prices align with economic data. High volatility is a direct result. Brace up for a challenging but profitable ride ahead. Last week, I wrote that the banking and financial sector stocks would be buoyant ahead of the RBI (Reserve Bank of India) announcement on interest rates. That hypothesis was validated by the markets. Also, remember this sector commands a weightage of over 37% in the Nifty 50. The announcement of the government being open to foreign buyers as major holders in Indian banks boosted banking stocks further. Which means it was banking that boosted markets higher. This optimism may spill over to this week as well. I had also written that the interest rate cut of over 0.25% would be a negative development for cash carry trade. That RBI cut the rate by 0.50% tells me markets saw a short-covering-based rally. There is a good probability of profit-taking setting in the weeks ahead. Rising oil and gas prices can trigger volatility in oil marketing companies (OMCs) stocks. Fears of higher inflation can return in the near term unless energy prices fall. The rise is due to geopolitical concerns, and the energy markets remain well supplied. Bullion saw a sterling week as gold and silver rallied sharply. I maintain my view that my readers should look beyond 2025 and stick to delivery holdings rather than pay cost-of-carry (financing charges) that futures & options (F&O) buyers have to incur. All big declines will be bought into by institutional players, so the long-term story remains intact. My readers can refer to my video wherein I have explained how to buy purest bullion at honest-to-God prices, conduct fool-proof checks for purity electronically and negotiate buyback prices. Industrial metals are witnessing some buying, but resistance at higher levels continues to cap gains. Much of the price rise is due to tariffs rather than anticipated demand hikes. That means metal mining companies' stocks may rise due to rate cuts, but the rally may be calibrated. Public sector undertakings (PSUs) will continue to attract trader attention as newsflow is positive for this segment of the market. Fixed income investors should keep the powder dry for better rates. Continue to trade light with stop losses and tail risk hedges. A tutorial video on tail risk (Hacienda) hedges is here. Let us assess last week's happenings to gauge what to expect in the coming week. Due to their sheer weightage, banking stocks led the rally. A weak US dollar boosted haven buying in bullion and energy commodities, too. The rupee weakened mildly against the dollar, capping the gains in our markets. Watch the USDINR carefully this week. Indian 10-year bond yield rose mildly, which means bond prices fell mildly. Barring this, banking stocks would have risen even higher. Market capitalisation of the National Stock Exchange (NSE) rose 1.59%, which means the rally was broad-based. Market-wide position limits (MWPL) rose routinely along expected lines. US headline indices rose and provided tail winds to our markets. Change in asset prices Retail risk appetite—I use a simple yet highly accurate yardstick for measuring the conviction levels of retail traders—where are they deploying money. I measure what percentage of the turnover was contributed by the lower and higher risk instruments. If they trade more of futures, which require sizable capital, their risk appetite is higher. Within the futures space, index futures are less volatile compared to stock futures. A higher footprint in stock futures shows higher aggression levels. Ditto for stock and index options. Last week, this is what their footprint looked like (the numbers are the average of all trading days of the week) – The capital-intensive, high-risk futures segment saw lower turnover contribution as higher volatility kept traders at bay. In the lower capital and lower volatility options segment, the index options saw the turnover contribution rise. This segment is the least capital-intensive and the least volatile. That tells me retail risk appetite in the leveraged segment fell off a cliff. NSE F&O Component Turnover Breakdown Let us peel layer after layer of statistical data to arrive at the core message of the markets. The first chart I share is the NSE advance-decline ratio. After the price itself, this indicator is the fastest (leading) indicator of which way the winds are blowing. This simple yet accurate indicator computes the ratio of rising to falling stocks. As long as the stocks that are gaining outnumber the losers, bulls are dominant. This metric gauges the risk appetite of one marshmallow traders. These are pure intraday traders. The Nifty notched up gains last week, and the advance-decline ratio followed suit. At 1.15 (prior week 1.05), it indicates there were 115 gainers for every 100 losers. Intraday traders showed improved buying conviction, and as long as this ratio stays above 1.0 this week, bulls will remain in charge. A tutorial video on the Marshmallow theory in trading is here. NSE Advance-Decline Ratio The second chart I share is the market-wide position limits. This measures the amount of exposure utilised by traders in the derivatives (F&O) space as a component of the total exposure allowed by the regulator. This metric gauges the risk appetite of two marshmallow traders. These are deep-pocketed, high-conviction traders who roll over their trades to the next session. The MWPL reading rose along routine lines after a post-expiry dip. What is noteworthy is the increase to 31.24% in the first week after expiry. This level is the highest after the commensurate week post expiry of the January 2025 series. Do note that the derivatives list has seen sizable new stock additions, which means the absolute amounts invested by swing traders are sharply higher. This is more evidence that the retail segment is going into overdrive. Higher greed may lead to crowded exits if the news flow turns adverse. Do remember, volatility is on the rise already. Keep looking over your shoulder and maintain tail risk hedges. A dedicated tutorial video on how to interpret MWPL data in more ways than one is available here. Market-Wide Position Limits The third chart I share is my in-house indicator, 'impetus.' It measures the force in any price move. Last week, we saw the Bank Nifty lead the rally, but the impetus reading fell. The Nifty 50 rallied with mildly higher impetus readings, which tells me the upthrust was more due to short covering than fresh buying. Ideally, the price and impetus readings must rise in tandem to indicate a sustainable rally in the markets. Nifty and Bank Nifty Impetus The final chart I share is my in-house indicator 'LWTD.' It computes lift, weight, thrust and drag encountered by any security. These are four forces that any powered aircraft faces during flight, so applying them to traded securities helps a trader estimate prevalent sentiments. Last week, the Nifty rose, but the LWTD reading dove from 0.11 to -0.21. That tells me the rally was more due to short covering, and fresh buying may have been limited. Ideally, prices and LWTD readings must rise together to indicate a sustainable rally. A tutorial video on interpreting the LWTD indicator is here. Nifty and LWTD Indicator The weekly chart shows a bullish candle with a bigger body than the prior week's candle. The last bullish candle's body also engulfs the prior week's bearish candle body, which is called a bullish engulfing pattern. It indicates the dominance of bulls over bears. Last week, I suggested a 25,250 level as a last-mile hurdle that bulls had to overcome before pushing markets higher. That level remained inviolate. The 25,250 remains a hurdle to watch this week. The price is above the 25-week moving average, which is a proxy for the six-month holding cost of an average retail investor. That means the medium-term outlook is positive. The 24,500 level is a support that bulls must defend in case of declines. Failing which further declines may occur. Nifty Spot Your call to action – Watch the 25,250 level as a near-term resistance. Staying above this level strengthens bulls. Last week, I estimated ranges between 57,400 – 54,100 and 25,475 – 24,025 on the Bank Nifty and Nifty, respectively. Both indices traded within their specified resistance levels. This week, I estimate ranges between 58,200 – 54,950 and 25,725 – 24,300 on the Bank Nifty and Nifty, respectively. Trade light with strict stop losses. Avoid trading counters with spreads wider than 8 ticks. Vijay is the CEO a proprietary trading firm. He tweets at @vijaybhambwani

Stocks to trade today: Trade Brains Portal recommends two stocks for 9 June
Stocks to trade today: Trade Brains Portal recommends two stocks for 9 June

Mint

timean hour ago

  • Mint

Stocks to trade today: Trade Brains Portal recommends two stocks for 9 June

Stock market today: Indian equities ended Friday with stellar gains after the RBI delivered a double bonanza—a surprise 50 basis point cut in the repo rate and a 100 basis point reduction in the cash reserve ratio (CRR)—raising hopes of stronger credit demand and a rebound in domestic growth. The Nifty 50 rose 252 points, or 1.02%, to close at 25,003, while the Sensex gained 443 points, or 1%, to end at 82,188. The move came as a surprise at a time when markets had been losing steam, with the Nifty slipping over the past two weeks amid concerns over stretched valuations and global trade uncertainty. Rate-sensitive sectors—led by real estate, financials, and auto—rallied sharply, while optimism around an above-normal monsoon lifted FMCG stocks. Against this backdrop, Trade Brains Portal has picked two stocks—one from the financial services sector and another from the metals and mining sector. Stocks to trade today, recommended by Trade Brains Portal for 9 June: REC Ltd Current price: ₹414 Target price: ₹520 (12 months) Stop-loss: ₹360 Why is REC recommended: Rural Electrification Corp. Ltd (REC Ltd), a leading 'Maharatna' company, is registered as a non-banking financial company (NBFC), public financial institution (PFI), and infrastructure financing company (IFC). REC provides financing across the power infrastructure spectrum—including generation, transmission, distribution, and renewables—as well as for emerging technologies such as electric vehicles, battery and pump storage, green hydrogen, and green ammonia projects. The company has also diversified into non-power infrastructure sectors, including roads and expressways, metro rail, airports, IT and communications, social and commercial infrastructure (such as hospitals and educational institutions), ports, and electro-mechanical (E&M) projects across sectors like steel and refineries. In FY25, REC's disbursements rose 18% year-on-year to ₹1,91,185 crore, up from ₹1,61,462 crore in FY24. It reported its highest-ever loan book at ₹5.67 lakh crore, an 11% YoY increase, and record net profit of ₹15,713 crore, up 12% YoY. Net interest income rose 27% to ₹19,878 crore, while total income increased 19% YoY to ₹55,980 crore. The company's asset quality continues to improve. Earnings per share for FY25 stood at ₹59.55, with total dividends of ₹18 per share, marking a 180% rise. REC's net interest margin improved by 6 basis points YoY to 3.63% in FY25 and is projected to remain in the 3.5–3.75% range for FY26. It aims to disburse ₹2–2.1 lakh crore in FY26 and reach a loan book of ₹10 lakh crore by FY30, targeting a 12% CAGR. Prepayments are expected to remain at around ₹1 lakh crore annually. Over the next 2–3 years, transmission and smart metering projects are expected to provide ₹1.1 lakh crore in new opportunities, with 11 crore smart meters alone representing a ₹45,000–50,000 crore opportunity. REC currently holds a book value of ₹58,000 crore and aims to disburse ₹3 lakh crore in renewables by 2030. Its five-year Revolving Bill Payment Facility targets disbursements of ₹80,000–90,000 crore in FY26. EPC contracts have been completed, and payment flows are expected to pick up in FY26. Risk factors: The company is exposed to financially weak clients, particularly state power utilities. It also faces client concentration risk, with 36% of its loan book concentrated as of 31 December 2024. Additionally, REC is susceptible to technological shifts, regulatory changes, and evolving customer behavior. Read this | For steel companies, Q4 was an inflexion point as prices, demand firm up Hindustan Zinc Ltd Current price: ₹502 Target price: ₹630 (12 months) Stop-loss: ₹438 Why is Hindustan Zinc recommended: Founded in 1966 and part of the Vedanta group, Hindustan Zinc Ltd is the world's largest integrated zinc producer and among the top five global silver producers. The company supplies to over 40 countries and commands a dominant 77% share of India's primary zinc market. With a mine life exceeding 25 years, it holds reserves and resources (R&R) of 453.2 million tonnes, with an average zinc-lead grade of 6.5%. It also launched EcoZen, Asia's first low-carbon 'green' zinc brand. In FY25, the company recorded its highest-ever mined metal production at 1,095 kt and refined metal output at 1,052 kt. Domestic zinc sales reached a record 603 kt, reinforcing its leading market position. Metal reserves exceeded 13.1 Mt (net of 1.2 Mt production), and total metal R&R now stands at 29.6 Mt. Hindustan Zinc posted robust financials in FY25, with revenue rising 18% YoY to ₹34,083 crore, up from ₹28,932 crore in FY24. EBITDA grew 28% YoY to ₹17,465 crore, reflecting an industry-leading margin of 51%. Profit after tax (PAT) stood at ₹10,353 crore, up 33% from ₹7,759 crore in FY24. Free cash flow from operations (pre-capex) reached ₹13,784 crore, and return on capital employed hit a record 58%. With a well-defined capex plan, the company expects to sustain strong performance in FY26. Mine metal production is targeted at 1.125 million tonnes, with refined metal production at 1.1 million tonnes. Refined silver output is projected between 700 and 710 tonnes, while zinc production costs are expected to range between $1,025 and $1,050 per tonne. Approved growth capex projects are expected to require $225–250 million. The company also plans to commission its Roaster project in Q1 FY26, which will process 160,000 tonnes of zinc ore annually. Risk factors: Hindustan Zinc is exposed to the cyclical nature of demand in the galvanized steel industry, which accounts for 70% of zinc consumption in India. As a capital goods-oriented business, it is heavily reliant on end-user industries such as automotive, consumer durables, batteries, home appliances, construction, and infrastructure. Zinc also faces substitution risk from metals like aluminium and other alloys. Additionally, the company faces regulatory and geographic concentration risks, with most of its production located in Rajasthan. Read this | These three large-cap stocks are trouncing the Sensex in 2025—so far Stock market recap: 6 June Indian equities staged a strong rebound on Friday, buoyed by the Reserve Bank of India's surprise 50 basis point cut in the repo rate to 5.50% and a shift in policy stance to 'neutral.' The move sparked optimism around credit demand and economic recovery, triggering broad-based buying across consumption-driven and growth-oriented sectors. Infrastructure & Realty, NBFCs & Finance, and Metal stocks were among the top gainers. The Nifty 50 rose 252.15 points, or 1.02%, opening above its 20-day EMA at 24,748.70, hitting an intraday high of 25,029.50, and settling at 25,003.05. The BSE Sensex mirrored this strength, opening at 81,434.24 and closing at 82,188.99, up 746.95 points or 0.92%. Both indices stayed comfortably above their 20/50/100/200 EMAs on the daily chart, with RSI levels at 59.98 for the Nifty and 59.27 for the Sensex—well below the overbought threshold of 70. Banking stocks rallied, with the Nifty Bank index hitting a record high of 56,695 before closing at 56,578.40, up 1.47%. The Nifty Private Bank index jumped 1.79% to 27,832.50, buoyed by expectations of improved liquidity and credit flow, particularly to MSMEs and retail borrowers. IDFC First Bank surged 7.11%, RBL Bank gained 5.19%, Bandhan Bank rose 4.01%, and Axis Bank added 3.07%. The Nifty Realty index was Friday's standout performer, climbing 4.68% to 1,039.60 and reclaiming the 1,000 mark for the first time in six months. Real estate majors like DLF and Godrej Properties surged over 6%, driven by expectations of lower EMIs boosting demand—particularly in the EWS and LIG housing segments. Metal stocks also saw strong traction, with the Nifty Metal index rising 1.9%. JSW Steel gained 3.73%, while NALCO and Jindal Stainless each advanced more than 3%. The Nifty Finance index climbed 1.75%, led by ICICI Lombard (up 6.85%), Muthoot Finance (6.61%), and Shriram Finance (5.65%). Media stocks bucked the trend, with the Nifty Media index slipping 1.14% to 1,705.75. Among the top laggards were Tips Industries (-2.75%), Dish TV India (-2.08%), and PVR Inox (-1.85%). Also read | United Spirits is on a high after RCB's IPL win, JP Morgan upgrade and UK FTA. Can it keep buzzing? Asian markets ended mixed. The Shanghai Composite inched up 0.04%, and the Nikkei 225 gained 0.5%, while the Hang Seng fell 0.48% to 23,792.54 and the Shenzhen Component declined by 0.19%. In the US, Dow Jones Futures were up 0.34%, or 142 points, suggesting a positive open. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

Best stocks to buy today, as recommended by NeoTrader's Raja Venkatraman
Best stocks to buy today, as recommended by NeoTrader's Raja Venkatraman

Mint

timean hour ago

  • Mint

Best stocks to buy today, as recommended by NeoTrader's Raja Venkatraman

India's stock market wrapped up last week on a high, posting nearly a 1% gain thanks to positive domestic developments. Initially, caution prevailed as investors awaited the Monetary Policy Committee's (MPC) decision. However, a pleasant surprise—a 50-basis point cut in the repo rate and a staggered 100-basis point reduction in the cash reserve ratio—swiftly shifted sentiment. This led to a significant upward surge, after which the market stabilized for the rest of the day. Ultimately, the Nifty 50 index closed near its daily high at 25,003.05. Here are three stocks to buy or sell today, as recommended by Raja Venkatraman of NeoTrader for Monday, 9 June. POLYCAB: Buy CMP and dips to ₹ 6,000 | Stop: ₹ 5,950 | Target: ₹ 6,525-6,700 BORORENEW: Buy CMP and dips to ₹ 542 | Stop: ₹ 525 | Target: ₹ 615-630 DALBHARAT: Buy above ₹ 2,120 and dips to ₹ 2,090 | Stop: ₹ 2,070 | Target: ₹ 2,250-2,325 The market rally on 6 June was broad-based, with all major sectors contributing. Rate-sensitive sectors like realty, financials, and auto were the biggest beneficiaries, with other sectors also performing well. Broader market indices also extended their gains, rising between 0.8% and 1.2%. While the Nifty 50 is still in a consolidation phase, the renewed vigor in rate-sensitive sectors, especially the breakout in the banking index, has reignited hopes for a sustained upward trend. A definitive break above 25,200 on the Nifty could initiate the next leg of the rally, potentially propelling the index towards 25,600. Looking ahead, the impact of the recent rate cut is expected to continue driving market sentiment. The rate-sensitive segments, along with specific themes like railways, are likely to remain in the spotlight, with other sectors contributing in a rotational manner. Finally, after some huffing and puffing, the Nifty 50 managed to crack through the resistance at 25,000 and powered its way higher by Friday. In between, there were some intraday fulminations but the bulls managed to hold the wheel and did not allow the trend to go off the road. Matters were helped in the last week when the best efforts by the bears were held at abeyance over three successive sessions, with Doji type candle formations. When such a pattern gave way to a bullish candle starting on Monday, the stage was set for more gains. Results flow has been good for the fourth quarter, and some heavyweights came out with Street-beating numbers, which has kept the sentiment juices flowing rather nicely. In addition, activity in the mid- and small-cap segments has also been good. With the threat of the Trump tariffs now receding with no real clarity, the market has one less item to worry about. The Reserve Bank of India's policy was the turning point last week. On Friday, the RBI Governor went beyond anticipation to give a 50 basis point repo rate cut and 100 bps CRR cut to bolster the banking and financials sectors. (TradingView) Bank Nifty compared to Nifty has fared well and would give us more than fair evidence of continued bullish play to emerge next week, however on dips. Considering the pointers, one should look to buy at lower levels in the indices. The sharp rise in trends on Friday beyond the much-touted resistances at 25,000 has given us some opportunity to look for some opportunities in Nifty now. Trading has been quite challenging as the movements are happening in spurts hence it's best to trade with suitable stop loss. Applying a fair amount of discretion shall enable us to profit from the volatility that shall continue, as we are now witnessing some positive vibes against the backdrop of a pensive global scenario. POLYCAB: Buy CMP and dips to ₹ 6,000 | Stop: ₹ 5,950 | Target: ₹ 6,525-6,700 Why POLYCAB is recommended: With about 25% organized market share, Polycab leads the domestic C&W market. The company is present in both cables (65% of the sales mix) and wires (25-30% of the mix).However, Jefferies feels that the stock will not face major headwinds as it already has an established presence and the new competition will take time to impact the revenues. This has led to a double bottom formation and a gradual ascent to the top . With prices holding firm at the TS line we can consider going long. With about 25% organized market share, Polycab leads the domestic C&W market. The company is present in both cables (65% of the sales mix) and wires (25-30% of the mix).However, Jefferies feels that the stock will not face major headwinds as it already has an established presence and the new competition will take time to impact the revenues. This has led to a double bottom formation and a gradual ascent to the top . With prices holding firm at the TS line we can consider going long. Key metrics P/E: 45.90 52-week high: ₹ 7,607.15 Volume: 319.43K Technical analysis: Support at ₹ 4,950; resistance at ₹ 6,950 Support at 4,950; resistance at 6,950 Risk factors: Market volatility and sector-wide fluctuations in geopolitical news could impact returns Market volatility and sector-wide fluctuations in geopolitical news could impact returns Buy at: CMP and dips to ₹ 6,000 CMP and dips to 6,000 Target price: ₹ 6,525-6,700 in 1 month 6,525-6,700 in 1 month Stop-loss: ₹ 5,950 BORORENEW: Buy CMP and dips to ₹ 542 | Stop: ₹ 525 | Target: ₹ 615-630 Why BORORENEW is recommended: BORORENEW posted weak Q4 numbers, indicating that the trends are under pressure. However, with the nature of the prices seen in the last few days we can comprehend that the newsflow has already been priced in. The volatile moves seen in the last 3 months are now seen giving up, indicating a possibility of some upward bounce as a V-U pattern is seen forming with volumes. Can look to go long. BORORENEW posted weak Q4 numbers, indicating that the trends are under pressure. However, with the nature of the prices seen in the last few days we can comprehend that the newsflow has already been priced in. The volatile moves seen in the last 3 months are now seen giving up, indicating a possibility of some upward bounce as a V-U pattern is seen forming with volumes. Can look to go long. Key metrics P/E: 225.05 52-week high: ₹ 644 Volume: 540.20K Technical analysis: Support at ₹ 460; resistance at ₹ 680 Support at 460; resistance at 680 Risk factors: Competition from streaming platforms and changing consumer preferences Competition from streaming platforms and changing consumer preferences Buy at: CMP and dips to ₹ 542 CMP and dips to 542 Target price: ₹ 615-630 in 1 month 615-630 in 1 month Stop-loss: ₹ 525 DALBHARAT: Buy above ₹ 2,120 and dips to ₹ 2,090 | Stop: ₹ 2,070 | Target: ₹ 2,250-2,325 Why DALBHARAT is recommended: The counter has been consolidating around the TS & KS Bands for the past few days. After a brief decline the stocks managed to gather support within the bands and produce a turnaround. After the recent test of the TS & KS bands and a strong closing on Friday we can look at some positive vibes to emerge. The counter has been consolidating around the TS & KS Bands for the past few days. After a brief decline the stocks managed to gather support within the bands and produce a turnaround. After the recent test of the TS & KS bands and a strong closing on Friday we can look at some positive vibes to emerge. Key metrics P/E: 208.50 52-week high: ₹ 2,166.70 Volume: 105.72K Technical analysis: Support at ₹ 2,050; resistance at ₹ 2,250 Support at 2,050; resistance at 2,250 Risk factors: Supplier retention and potential customer acquisition challenges Supplier retention and potential customer acquisition challenges Buy at: Above ₹ 2,120 and dips to ₹ 2,090 Above 2,120 and dips to 2,090 Target price: ₹ 2,250-2,325 in 1 month 2,250-2,325 in 1 month Stop-loss: ₹ 2,070 Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

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