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Mint
30-05-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 30 May 2025
Stocks to buy under ₹ 100: After a strong opening, the Indian stock market once again failed to sustain at higher levels and erased all its gains on Thursday. The Nifty 50 index ended 81 points higher at 24,833, the BSE Sensex finished 320 points higher at 81,633, while the Bank Nifty index gained 129 points and closed at 55,546. Among the sectors, metal and realty were the top performers, while marginal pressure was witnessed in the PSU banking and FMCG segments. The Mid-cap and Small-cap indices extended their outperformance by ending the trade with gains of 0.55% and 0.59%, respectively. On the outlook for the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect the market to remain range-bound, with sector rotation and stock-specific movements driven by the final set of Q4 results on Friday, macro-economic indicators, and developments on the US tariff front." Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index has been consolidating near the 24,750 zone for most of the session with the last hour finding some acceleration to close above the 24,800 zone with overall bias maintained positive and can expect for further upward movement in the coming days. As mentioned, the index must exceed the 25,000-level barrier to continue the upward journey. At the same time, on the downside, the 24500 zone is positioned as the important and strong support level which needs to be sustained to maintain the overall bias intact." "The Bank Nifty index continues to oscillate between the narrow range of 55,800 zone, which is acting as a tough hurdle, and on the downside is supported by the 54,400 zone, which needs to be sustained to maintain the positive bias intact. A decisive breach above the 55,800 level shall trigger a fresh upward move with targets of 57,700 and 60,300 levels achievable in the coming days," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts—Mehul Kothari, Deputy Vice President—Technical Research at Anand Rathi; Mahesh M Ojha, AVP—Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet—recommended buying these five intraday stocks under ₹ 100: TTML, ABFRL, SEPC, Vascon, and HMT. 1] TTML: Buy at ₹ 76.50, Target ₹ 82, Stop Loss ₹ 74; and 2] ABFRL: Buy at ₹ 88.50, Target ₹ 93, Stop Loss ₹ 86. 3] SEPC: Buy at ₹ 14.75 to ₹ 15, Targets ₹ 15.75, ₹ 16.50, ₹ 18, Stop Loss ₹ 12.50; and 4] Vascon: Buy at ₹ 54 to ₹ 54.75, Targets ₹ 56, ₹ 58, ₹ 60, Stop Loss ₹ 52.10. 5] HMT: Buy at ₹ 55.60, Targets ₹ 59.50, ₹ 62, Stop Loss ₹ 54.
Mint
30-05-2025
- Business
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 30 May 2025
Stocks to buy under ₹ 100: After a strong opening, the Indian stock market once again failed to sustain at higher levels and erased all its gains on Thursday. The Nifty 50 index ended 81 points higher at 24,833, the BSE Sensex finished 320 points higher at 81,633, while the Bank Nifty index gained 129 points and closed at 55,546. Among the sectors, metal and realty were the top performers, while marginal pressure was witnessed in the PSU banking and FMCG segments. The Mid-cap and Small-cap indices extended their outperformance by ending the trade with gains of 0.55% and 0.59%, respectively. On the outlook for the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect the market to remain range-bound, with sector rotation and stock-specific movements driven by the final set of Q4 results on Friday, macro-economic indicators, and developments on the US tariff front." Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index has been consolidating near the 24,750 zone for most of the session with the last hour finding some acceleration to close above the 24,800 zone with overall bias maintained positive and can expect for further upward movement in the coming days. As mentioned, the index must exceed the 25,000-level barrier to continue the upward journey. At the same time, on the downside, the 24500 zone is positioned as the important and strong support level which needs to be sustained to maintain the overall bias intact." "The Bank Nifty index continues to oscillate between the narrow range of 55,800 zone, which is acting as a tough hurdle, and on the downside is supported by the 54,400 zone, which needs to be sustained to maintain the positive bias intact. A decisive breach above the 55,800 level shall trigger a fresh upward move with targets of 57,700 and 60,300 levels achievable in the coming days," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts—Mehul Kothari, Deputy Vice President—Technical Research at Anand Rathi; Mahesh M Ojha, AVP—Research at Hensex Securities; and Sugandha Sachdeva, Founder of SS WealthStreet—recommended buying these five intraday stocks under ₹ 100: TTML, ABFRL, SEPC, Vascon, and HMT. 1] TTML: Buy at ₹ 76.50, Target ₹ 82, Stop Loss ₹ 74; and 2] ABFRL: Buy at ₹ 88.50, Target ₹ 93, Stop Loss ₹ 86. 3] SEPC: Buy at ₹ 14.75 to ₹ 15, Targets ₹ 15.75, ₹ 16.50, ₹ 18, Stop Loss ₹ 12.50; and 4] Vascon: Buy at ₹ 54 to ₹ 54.75, Targets ₹ 56, ₹ 58, ₹ 60, Stop Loss ₹ 52.10. 5] HMT: Buy at ₹ 55.60, Targets ₹ 59.50, ₹ 62, Stop Loss ₹ 54. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
23-05-2025
- Business
- Economic Times
Stay focused on domestic fundamentals; no need to react to every US macro move: Sandip Sabharwal
"On the US tax changes and all, the only thing which should bother Indians is the remittance tax which has been proposed, which could hurt the flow of remittances to some extent and increase the cost for the Indian diaspora staying in US, so that is something which will be a small concern, ex of that nothing to do with India," says Sandip Sabharwal, ADVERTISEMENT Lot of moving parts again. When geopolitics and tariff got settled, suddenly bond yields are spiking again and there is a new tax template which be passed by the US administration soon. Do you think this is something which we need to analyse I mean, sitting in India? Sandip Sabharwal: Bond yields do not matter so much in my view because of the fact that we are not in a crisis situation. Basically it is a sort of follow through of the misdeeds of fiscal imprudence in those countries which will lead to higher longer-term bond yields and slower growth over the long term. So, until and unless we are bothered about a possible default, we should not be bothered so much and there is a clear divergence between bond yields of various countries, like you look at bond yields in China, they are at multi-year lows. You look at bond yields in India, they are at multi-year lows. So, there are divergent trends all over. European bond yields have also got unhinged from US bond yields. So, until and unless we reach a situation where there could be a crisis of which is sort of default related, then those issues could be there. On the US tax changes and all, the only thing which should bother Indians is the remittance tax which has been proposed, which could hurt the flow of remittances to some extent and increase the cost for the Indian diaspora staying in US, so that is something which will be a small concern, ex of that nothing to do with India. ADVERTISEMENT Let us analyse some of the earnings then. Sun Pharma, you tracked this one. What did you make of the numbers because while the India faction seems good, weak US and more importantly cautious guidance now amidst all the global uncertainty at play what the management has cited. Sandip Sabharwal: Yes, so the reported results operationally were good because they had some extraordinary write-offs, etc. But the guidance obviously which they have given for this year is muted. So, topline growth is fine, but they are indicating some sort of increase in expenses in the short term which would potentially impact margins. So, to that extent earnings growth which at least for this year becomes subdued and potentially for next year improves as many of these things play out. So, my guess is that we could be in for subdued return period for Sun Pharma for some time now. ADVERTISEMENT You remember TTML, the landline service provider. Sandip Sabharwal: Yes, I have a landline phone by TTML. ADVERTISEMENT Still. What is happening in this stock? Sandip Sabharwal: Yes, happy user does not mean that the share has any value. I think share should be valued at zero only. It does not have operating business, I mean frankly, does not have a big operating business. Sandip Sabharwal: Yes, so I think this Vodafone and this Tata Tele Services, now they have no value actually. So, these are just punting stocks. There is no reason why it goes up. There is no reason why it goes down. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
23-05-2025
- Business
- Time of India
Stay focused on domestic fundamentals; no need to react to every US macro move: Sandip Sabharwal
"On the US tax changes and all, the only thing which should bother Indians is the remittance tax which has been proposed, which could hurt the flow of remittances to some extent and increase the cost for the Indian diaspora staying in US, so that is something which will be a small concern, ex of that nothing to do with India," says Sandip Sabharwal , Lot of moving parts again. When geopolitics and tariff got settled, suddenly bond yields are spiking again and there is a new tax template which be passed by the US administration soon. Do you think this is something which we need to analyse I mean, sitting in India? Sandip Sabharwal: Bond yields do not matter so much in my view because of the fact that we are not in a crisis situation. Basically it is a sort of follow through of the misdeeds of fiscal imprudence in those countries which will lead to higher longer-term bond yields and slower growth over the long term. So, until and unless we are bothered about a possible default, we should not be bothered so much and there is a clear divergence between bond yields of various countries, like you look at bond yields in China, they are at multi-year lows. You look at bond yields in India, they are at multi-year lows. So, there are divergent trends all over. European bond yields have also got unhinged from US bond yields. So, until and unless we reach a situation where there could be a crisis of which is sort of default related, then those issues could be there. On the US tax changes and all, the only thing which should bother Indians is the remittance tax which has been proposed, which could hurt the flow of remittances to some extent and increase the cost for the Indian diaspora staying in US, so that is something which will be a small concern, ex of that nothing to do with India. Live Events Let us analyse some of the earnings then. Sun Pharma , you tracked this one. What did you make of the numbers because while the India faction seems good, weak US and more importantly cautious guidance now amidst all the global uncertainty at play what the management has cited. Sandip Sabharwal: Yes, so the reported results operationally were good because they had some extraordinary write-offs, etc. But the guidance obviously which they have given for this year is muted. So, topline growth is fine, but they are indicating some sort of increase in expenses in the short term which would potentially impact margins. So, to that extent earnings growth which at least for this year becomes subdued and potentially for next year improves as many of these things play out. So, my guess is that we could be in for subdued return period for Sun Pharma for some time now. You remember TTML, the landline service provider. Sandip Sabharwal: Yes, I have a landline phone by TTML. Still. What is happening in this stock? Sandip Sabharwal: Yes, happy user does not mean that the share has any value. I think share should be valued at zero only. It does not have operating business, I mean frankly, does not have a big operating business. Sandip Sabharwal: Yes, so I think this Vodafone and this Tata Tele Services, now they have no value actually. So, these are just punting stocks. There is no reason why it goes up. There is no reason why it goes down. ETMarkets WhatsApp channel )
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Business Standard
22-05-2025
- Business
- Business Standard
Smallcaps outperform Sensex, Midcap; Ramco Systems, Cosmo First zoom 20%
The BSE Smallcap index has outperformed the BSE Sensex and BSE Midcap index in Thursday's intra-day trade in an otherwise weak market. At 01:35 PM, the BSE Smallcap index was up 0.02 per cent, as compared to a 1 per cent decline in the BSE Sensex and a 0.5 per cent fall in the BSE Midcap index. More than 2,200 stocks are trading lower on the BSE at this hour, as against 1,550 rising stocks. Stocks that outperformed markets today Timex Group India, VRL Logistics, Suven Life Sciences, Steel Strips Wheels, Hitachi Energy India, Kitex Garments, Interarch Building Solutions, India Glycols, Astra Microwave Products and Aarti Pharmalabs from the BSE Smallcap index have hit their respective 52-week highs in intra-day trade. Ramco Systems and Cosmo First were locked in a 20 per cent upper circuit, while Dishman Carbogen Amcis, Tata Teleservices (Maharashtra) (TTML), Alicon Castalloy, Carysil, Garden Reach Shipbuilders & Engineers (GRSE), Nelcast, Repro India, Fortis Healthcare, Shipping Corporation of India and VA Tech Wabag have rallied between 10 per cent and 16 per cent. Among the individual stocks, Ramco Systems zooms 20 per cent to ₹441.15, after the company reported profit after tax (PAT) of ₹157 crore for the quarter ended March 2025 (Q4FY25). A global enterprise software company offering next-generation SaaS-enabled platform and products had posted PAT of ₹5.3 crore in the year-ago quarter. Despite subdued order bookings of $56 million, the company achieved 10 per cent growth in revenue, underscoring continued trust from existing customers. The strategic transition to a SaaS model was further strengthened with recurring revenue consistently contributing around 60 per cent of total revenue, Ramco Systems said. Shares of Cosmo First soared 20 per cent to ₹794.60 amid heavy volumes. In Q4FY25, the company reported an 80 per cent year-on-year (Y-o-Y) jump in PAT at ₹27 crore. Earnings before interest, taxes, depreciation and amortisation (Ebitda) up 26.9 per cent to ₹85 crore, backed by higher speciality sales and better BOPP & BOPET film margins. The company said Ebitda would have been better but for a one-time non-recurring cost of ₹4.3 crore for thermal line shifting from Korea to India (bringing in 10 crore annual efficiencies) and a 10 per cent lower volume of BOPET film due to a planned shutdown. The company further said it has invested ₹1,180 crore in the last 3 years (including ₹502 crore in the last year) in multiple growth projects including BOPP, CPP & Polyester lines, Metallizers, Coating lines, Window / PPF films, Zigly and Rigid Packaging) and these will yield a significant ramp up in revenue as well as profitability in the next 2 to 3 years. Shares of TTML surged 14 per cent to ₹79 on the BSE in intra-day trade. In the past two trading days, the stock price of the Tata group telecom services provider has zoomed 36 per cent on media report that Tata Sons Ltd, the holding company of the $150 billion Tata Group, may be forced to infuse fresh capital into its loss-making telecom arm, Tata Teleservices Ltd (TTSL). This is because TTSL has to pay ₹19,256 crore adjusted gross revenue (AGR) along with other dues to the central government by March 2026. Shares of GRSE rallied 12 per cent to ₹2,795 in intra-day trade after the company bagged a ₹25,000 crore order from the Indian Navy. The shipbuilding company, in an exchange filing, said it emerged as the lowest bidder (L1) for the construction of next-generation corvettes (NGC) for the Indian Army. The L1 bidder will be awarded five NGC ships at a likely value of more than ₹25,000 crore.
