Weekly Fin-Fun Newsletter #103
Diwali Muhurat Stocks - India th next startup nation - Bilions from Scarp - Marc Lasry - Bekshire Reading list - Stock + Options + Webseries of the Week
Wishing you and your loved ones a splendid Diwali!🎇
H/t @ompsyram
May this Diwali fill your home with radiance, your heart with joy, and illuminate your life with an abundance of happiness, health, and prosperity. ✨💝
Diwali Picks
Every year, @imayavi and I dive into the world of muhurat trading stocks! 📈🔍 This time around, our picks are:
Indraprashta Medical - CMP: 188
Electcast - CMP: 91
Anthony Waste - CMP: 380
Quess Corp - CMP: 464
ZEE Media Corporation - CMP: 16
(Risky bets)
Vakrangee LTD - CMP: 18.7
Noida Toll Bridge - CMP: 11
May your Diwali be as prosperous as our stock choices! 💰🎉 #DiwaliStocks
*Disclaimer: Not financial advice, just sharing our picks
Markets
Nifty is about to enter the Bullish Zone
All indices on lower brick values are in the green zone.
Nifty Breadth is 66%, cooled down a bit .
Hope we have some more Metro lines ready by Next Diwali
Stock of the Week
Grasim CMP 1943
Perks
Company has a negative Cash Conversion Days of -134.64
DII have increased their stakes by 0.08% in the latest quarter (16.45% to 16.53%)
P/B is 1.58 which is lower than Industry P/B 1.83
P/E of 19.77 which is lower than Industry P/E of 25.78
Quarterly Profit has grown by 13.56% QoQ
Quarterly Sales has grown by 10.78% YoY
Operating Profit Margin (EBITDA Margin) is 18.35%
P/E ratio is 19.77
PEG ratio is 1.04
3 Years Profit CAGR is 18.99%
Promoters + FIIs + DIIs hold 71.45% in the company
ROCE is 12.63%
ROCE 12.63% is above the 5 years ROCE average 10.68%
ROCE 12.63% has increased as compared to last year's ROCE 11.93%
ROE is 14.41%
ROE 14.41% is above the 5 years ROE average 11.4%
3 Years Sales CAGR is 16.05%
Annual Sales has grown by 22.91%
CE of the Week
Bajaj Finsv 1600 CE - CMP 29, Stops 21
Disclaimer: Educational Purposes Only
The charts and information provided in this financial newsletter are intended for educational purposes and general informational use only. They are not to be construed as financial advice or recommendations for trading or investment decisions.
The content presented is based on historical data and should not be considered as a guarantee or prediction of future market performance. Market conditions are subject to change, and past performance is not indicative of future results.
Readers are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions. The authors and publishers of this newsletter are not responsible for any actions taken based on the information provided herein.
Web-Series of the Week
Interesting Reads and Tweets
The Berkshire Internship reading list:
We invite you to join the Bombaylives channel on WhatsApp, your one-stop destination for all things related to our City , including FinFun, Trading, Investing, Renko, Nifty, Bank Nifty, P&F Charts, and other intriguing topics. 📈💰
Joining is a breeze—just click the link :