Top Buzzing Stocks For Future | Arpit Beriwal's Top Stock Choices | Market Fatafat | ET Now

Hi there, Welcome back. Still watching market, Fatah, Faton, ET. Now let's keep a going with all the buzzing stocks. And now we have Arpit Beriwal, the Manager of derivatives derivatives Analyst at Equity Research, Motilal Oswal Financial Services. Arpit, thanks so much for taking the time out and joining us. Let's get it going with your first talk. And you picked up Tata Motors for us today and in the last six months itself, a good 32% uptake coming in. So what's your view on the technicals now? Any more upside room for upside left for this talk? Yeah, so very good afternoon everyone. If you see overall, we have seen our stupendous rally across broader indices and index is at all time high. So if you see overall the chart, the midcap small cab, both are outperforming and Nifty is also outperforming in line with the broader if you talk about Tata Motors as a chart. So overall if you see from past couple of weeks, the stock is in a range from 960 to 120 levels. However, auto index is strong uptrend. So if we see overall from our chart perspective in last two days, it has again begin momentum from lower levels from 975 levels and now inching higher towards 4 digit figure. From a positional perspective, the stock is in strong uptrend and any breakout above 1040 can head towards 11 double level on the immediate basis. Current junction also one can buy at current levels or minor dips towards 990 levels with keeping stoppers on 970 for an upside move towards 1020 then 1050 levels. Alright, thanks so much for that outfit. So those are the levels to watch out for when it comes to Tata Motors. But Jenna, let's talk about JSW Infra and why you have picked up that stock today. It's been the it's been the talk of The Newsroom since morning today. And tell us more details about this acquisition. Well, as GSW Infra will be acquiring 70% stake into Napkar Corporation from their promoters and they will be acquiring this at price of 75.6 per share. They've also made an additional offer for acquiring about 26% stake from open market and, and the offer price stands at 105.3 per share. Now the cost of acquisition will be in the range of about 1013 crores to 1425 crores. And we talk if we talk about valuations of Napkar Corporations, they are doing at an enterprise value of 1006 80 crores and where the price to book ratio comes at about 0.75 times and EV beta multiple comes about at 27 times. If you look at acquisition, it is expected to be closed by quarter three of F 5/20/25. And on the back of this stock is buzzing up around 2%. Alright, let's keep on going with all the big buzzers today. Let's talk about In Swift and this company is in focus because the the In Swift Limited has received full consideration from Messrs A&G Life Sciences India Limited for an amount of 43.85 crores. This is including GST for the sale of the Unit 3 of the company located in Buddy in Himachal Pradesh. The set property has been duty transferred in the name of Messrs A&G Life Sciences after the registration of the necessary sale deed as well as other documents. And this, the amount for the sale deed has been duly and entirely received by In Swift Limited. On the back of that, you have in Swift Limited for sure, but in Swift Labs also doing pretty well in today's trading session, up 2.2% as we speak. But let's once again keep going with technicals and Arpit, I'm going to come to you for Century Ply Boards. Tell us what you are making of the charts right now and what are the levels that you're spotting for this talk? So if you've seen as we discussed about this talk also if you've seen good momentum has seen in last couple of intra image, if I look at the oral charge structure, so good momentum is seen across the midcap and small cap space is emitted. Basically if you see the charge structure, sharp rally has been seen this week almost 15% rally. We've seen from 660 levels to 740 levels and it has given classical range breakout about 740 levels. So going forward also, I think there is some more scheme left in the stock and again easily head towards 82840 levels with decent volumes. It has also found a strong bullish kernel weekly scale that clearly indicates that bulls are holding strong grip in this counter and it can slowly gradually head towards 850 zone. So essentially plan also would be a biopic within this space with keeping stoppers of 735 for an upside move towards 850 zones. OK, so those are the levels to watch out for when it comes to century ply. But Gaurav Walkhart Pharma in focus as of now. Now definitely a press meeting underway as we speak, but it's been locked on upper circuit 5% today. So tell us what that move is about? Well, yes, Wokhart Pharma is in focus on the reason being that they have come up with an update for a drug called W CK 5222, which is also called as Xenic. Now what they have said is that the investigational antibiotic is actually underway from the investigation to treat the complicated urinary traction infection. Phase three of this clinical clinical trial is actually underway and this is as per the plan and this they are expecting this to conclude by Q 12025. What they believe is that company has actually reported 100% clinical cure rate in all the 30 critically I'll patients where the clinical trial was held on under the phase three. And that because of this if you look at because if we look at the stock performance also it is locked in upper circuit. They also believe that within one to two weeks the initiating patients sold significantly significant clinical improvement while using the drug and the phase three drug trial is actually expected to conclude mid 2094. But the positive outcomes are coming. And on back of this news, if you look at the stock performance also that is locked in upper circuit and if we look at the past one month also that is that has gone up almost by 22%. So definitely a bullish view coming up on Vocard on the back of this new drug, right? So that's why Brockhart is up and away locked in upper circuit in today's trading session. But Jenna, let's talk about you small finance bank, why we picked up this stock. I believe it's on the back of some fundraising updates. The board has approved raising of funds by the way of equity by issuing issuing equity share for an aggregate amount not exceeding above 5000 crores. This will be done through on private, on private placement basis via QIP or preferential allotment. Additionally, the Board has also approved borrowing of funds not exceeding amount 6000 crores in one or more tranches. This will be done by issuing of debt issues. So in total, 11,000 crores of approval for fundraising coming in for a small finance bank and on the back of that stock is buzzing up with the gains of over one. Perfect. Alright, with that Arpit, let's talk about trend on the charts then when I take a look at the moves in the last six months, stellar moves 80% higher last one year, more than two, 100% is the move that trend has seen. Are you still penciling some amount of upside or some growth on the charts or do you think there is some cooling off to this rally that we're seeing in trend As we're talking about trend as a space, if you see we have seen spectacular run as rightly mentioned from in last six months, you've seen a rally of almost from 50% rally from 3000 odd levels to 5000 plus levels. So if we talk technically also the monthly structure is intact from past eight to nine months. The structure of higher highs, higher lows is still strong and the base of the stock is gradually shifting higher on weekly scale. Also, it is continuous forming higher highs, which clearly indicates that every small decline is important to on daily scale. It has given a fresh range breakout after 8 to 9 sessions and generally whenever we see a breakout, we can see another rally of seven to 8% from current zones. So looking at the overall chart setup and as broader marketing strong momentum, you can expect good rally towards 5755 thousand 800 zones. So within midcap space trend would be a preferred pick. One can buy current levels or minor dip near 5400 with keeping stop loss of 5250 for an upside move towards 5650105750. Alright, so trends your preferred pick in the mid cap space and those are the levels to watch out for. Let's keep it going with all the stocks and let's talk about Jubilante Gravia now. And the stock had surged as much as 2% or more than 2%. In fact, also hit an intraday high of 528 today. But the uptick in share price came after the company announced that the USFDA has issued establishment inspection report which is an EIR with 0483 observational inspection observations for their maiden inspection that is performed in April 2024 at the manufacturing unit which is Unit 1 located in Bharuch in Gujarat. This unit is intended for the manufacturing of nutraceuticals and dietary active ingredients for human consumption in a GMP compliant factory. So on the back of this positive news flow, like I mentioned, stock was higher by 2% earlier in the day, but those gains are fizzled out. But nonetheless, stock is holding on to the green and half a percent higher is where the stock is as we speak. Let's keep it going then. Gaurav, you have picked out Zomato for us. Zomato has been a buzz and in focus over the past few days as well. Tell us why has this made it to your list today? Well, yes. So what Zomato is going to do is now they are going to extend their restaurant restaurant service hub segment and this is basically a one stop solution to help restaurants to scale up across the country. When we talk about this restaurant service hub, what Zomato will do is that they can offer services related to staffing and licensing thing for their restaurants. In the last six months, if you look at the performance, this service has actually already served served over 3200 restaurants and it will be extended to all the restaurants across India. Now the company is seeking to provide help to help in overcoming the complexities and running restaurants like getting requisition license license or hiring staff staff for them. When we when we look at the official statement coming up from Zomato, Rakesh Ranjan who is the CEO of Food Delivery Zomato said that this restaurant service hub platform is a one step towards our vision to create full stack solution. Even if we look at the stock performance now, it was up in trade in the morning, now it has given up some of the gains, but even now it is up .9%. And given that this can actually bring out another avenues for revenues, definitely watching out on Zomato. All right. So keep a close eye on Zomato on the back of that new store. But our bit Grasim is what you are flagging off for us today. Tell us what levels you're spotting on this chart because I look at the six month moves, 25% higher is what this where the stock has been in the last six months. So what's your outlook going ahead, especially on the technical front? Talking about the stock also as we've seen, we've seen outperformance across broader market. And if you particularly talk about cement pack as a whole, we were quite bullish since last week itself and we were seeing good price action breakout across cement pack, whether it's Ultra Deck or Grasim. So Grasim, if we talk about technically, it has given a classical range breakout on weekly scale after seven weeks and we have seen a good rally in last two to three sessions also. But as the breakout is quite major so we can expect another rally of 100 and 2000 and 30 points. So technically give a classical price and range breakout on daily scale, it is forming higher rise, higher lows with strong bullish scandal and we have some good noticeable volumes. Also it is trading about short term moving averages and overall the base of the stock has is shifting higher. So I think as it's trading a lifetime high, another 4 to 5% rally cannot be ruled out from current levels also. So one can bite current levels or minor dip towards 2650 with keeping stoppers of 2550 an upside move towards 2800, then 2850 zones 828 fifty is the levels that it is spotting for Grasim. Let's move on and talk about Man Industries, Jenny, very brilliant moves coming in. 5 1/2% high is where the stock is right now. What's fueling this up move for the stock today? So the stock is buzzing on the back of brokerage notes. So MK has actually initiated a buying rating with the target price of rupees 500. They say that the company is taking next leap with their two exciting projects and also the company is gaining market share from a growing industry pie. Now MK believes that company is building blocks towards growth cash generation and thus higher returns. Now company is also in a transition phase from from potential to delivery and which offers a beneficial positioning opportunity is what MK believes. Now also MK says that on valuation front, risk to reward is is very attractive for the company and that is why the stock is buzzing up around 5%. All right, so man industries want to watch out for in today's trading session. With that, let's slip into a very short break. But before that, listening to a conversation that I had with Sudeep Taroi, MD and CEO at L&T Finance. He spoke to me about the company's overall outlook for FY25, the improvement of the company's loan book and how the quarter has shaped up, especially on the back of Lok Sabha elections in the quarter that just went by. So let's go across and listen in to what he had to tell me. You were aiming for retailization of your loan book at 95% by 2026. You're already there two years before time. So now would it be safe to say that the overhang, that the unwinding of the corporate book, the impact that it had on your AUM, on your credit cost is now behind us? Yeah. So you know, it's, it's, it's more or less in the past, OK, right. See if you look at, you know, our overall sort of wholesale book at the end of last quarter, you know, at the end of the quarter, we had about 5 1/2 thousand crores left, right. We started with about, you know, 3536 thousand crores odd, right. And then we have, we have traversed the journey, yes. And, and when we went into analysts call, you know, by that time another thousand crores had gone off. So you know at the time of the analysts call around the 30th of the month of of April, we were at about four and a half thousand crores of of wholesale books. So the wholesale book is now a very small portion of our of our entire book. So in a way the retailisation journey and is is truly well under the way we are about 94%, we were about 94% retail at the end of last quarter. This quarter it'll move even forward. And what had happened was that because we were degrowing our wholesale book at a much faster rate then we are growing our retail book. Actually if you look at the last four quarters trajectory, the book actually fell for two quarters. Overall book at least fell for two quarters, then it reached the bottom and then it has started now going up. Hopefully the growth will be more visible this quarter. So yes, you know I would agree with the statement that the pairing down of the wholesale assets is more or less over. There's a small long tail left. That long tail will probably take another, you know, 18 to 24 months to fully go out. Mr. Roy, I have to ask you, quarter 1F525 earnings season is right around the corner. So give us a sense of what this quarter has shaped up for you. If you could share some numbers with us, especially what the quarter has looked like on the back of elections, whether I'm going into specifics. You know I would say that the quarter we have been able to sort of do what we set ourselves out for the quarter, right. We took some goals at the beginning of the quarter and typically the first quarter, the first quarter, the first quarter is very, very important for every sort of going concerns. So we set ourselves some aggressive goals, OK. What happened was that the beginning of the quarter especially in the month of April and May, we had tremendous heat related issues because it was a very torrid summer. Yes, for example, I'll give you an example, you know, some of our branches especially times, you know micro loans branches or bare bones branches, right. Typically many of them do not have air conditioning. It became so hard that actually we had to ship over 2000 air coolers to all those branches, right. So we saw a little bit of weakness in in April primarily because of the heat, but which again normalized between May and June. All right. So, so we, we, we are fairly certain that the quarter is not yet out. We are fairly certain that we will achieve whatever we set ourselves to achieve during the quarter. Hi there, Welcome back. Thanks so much. We're still staying tuned to market for tougher. You're watching ET Now. Let's keep going with all the buzzing stocks today and I want to talk about two stocks now, Sami Hotels as well as Poly Cab. Sami Hotels up 2% and Poly Cab on the flip side under pressure 3% lower is where that stock is. Let's understand why both of these stocks are in focus and it is on the back of block deals that we have seen in the morning today. Now, Sami Hotels has had 4.7% of its equity change hands in a bunch trade in the morning. Reports have suggested that GTI Capital was looking to sell up to 1,00,00,000 shares via block deals at a floor price of ₹187.00 per share. And we will get confirmation on the buyers and sellers of this block deal post market hours. So keep your eye out on Sami Hotels as well. And Polycap India also in focus on the back of a bunch deal. 3.38 million shares traded in a block deal in the morning. And according to reports, the promoters were looking to sell up to 2% stake via a block deal at the office size anywhere between between 2005 and 2145 crore rupees. So once again, for Polycap, we'll get to know the list of the buyers and the sellers post market hours. But well, yes, on the back of the block action that we've seen in the morning, both of these stocks are abuzz. Sami, on the positive side, 2% Polycap lower by 3% as we speak. But let's talk about technicals once more. And Arpit, NTPC is what you are flagging off for us on the charts. What are you witnessing here? What kind of pattern has this stock formed and what's the outlook going ahead? Yes, talking about overall PSU stocks, our post election, we have seen our stupendous fall. But however, in the last couple of weeks, a good recovery was seen from lower levels from 360 odd levels to 380 levels on weekly structure. From past 7 to 8 weeks, it is stuck in the range between 3:55 on the downside and on the upside 385. However, looking at the overall chart setup as today's weekly close also monthly close also, so it has from a strong bullish candle, good recovery seen from lower levels, strong bullish bullish Marukosi candle is formed and I think a close above 385 can set the new leg of rally towards 404, ten levels. So within the energy space, power space, NDPC would be a preferred pick. One can buy at kernel levels and we move this above 385 levels. The keeping stop loss of 370 on closing misses for an upside move towards 405, then 410 levels. All right, 405410 levels to watch up when it comes to NTPC. Gaurav, let's talk about the automotive space, especially the ER and D sector. I believe it's about on the back of a brokerage note. Well, yes, in Cred has came up with a note on automotive ER and D space where they have actually initiated on two companies. One is Tata Tech and 2nd is Tata LXC. Now they have initiated on both the companies with reduced rating. For Tata Tech, they're targeting a price of ₹797.00, while for Tata LXC, they're targeting a price of 6006 ₹4.00. What the belief is that the automotive sector overall is at a crossroad of contrasting opportunities. So there is a headwind which is definitely coming up in the sector. Automakers are actually reconsidering the viability of alternative technologies and that is the reason why we are being a little bullish on both these companies. There are other factors which are actually also playing against the company. So one is protectionism, then another one is pricing pressure and the growth moderation that we have seen in the industry overall. And lastly, if we put all this together, what they believe is that this can actually moderate the spending intensity or actually delay the decision from the automakers and that is the reason why they are being a little bullish on both of these stocks. Now coming back to the performance, if we look at the Tata Tech performance, it is up 3/10 of the percent. But in the morning, it has also given them the morning gains. If we talk about Tata Alexei also, that is trading at a flat level. So definitely watching out on these two counters because a strong note is coming up from incred and they have actually highlighted some of the concerns that may arise in this industry. On the back of those concerns, these stocks are rather fizzled out in trade as of now. But let's move on. Arpit, you've flagged out Cummins India for us. Last six months itself, the stock has doubled. So what's your outlook going ahead? Any more room for growth left or are you penciling in some kind of slowdown on the technicals? Yeah. So talking about capital stocks as a whole, it has been a secular uptrend from past almost 1 1/2 year. And we have been quite bullish on the entire capital space, whether it's Cumings India, Siemens, L&D, ABB. So technically, if you talk about Cumings India, the structure is quite strong on monthly scale. On weekly scale, the base of the stock is continuously moving higher from 3500 to 370, from 37 to now. The new base is near 3900 levels daily scale. Also, it is slowly gradually moving higher on weekly scale. It is on the verge of giving consolidation breakout above 3950 levels and holding well above the same. So we can expect another good 68% rally towards 4 to 0250 zone. And as the broader market is conveniently outperforming and the uptrend is quietly intact. So we'll be quite positive on this one can go along at current levels with keeping stop loss of 3880 or an upside move towards 4250. Zones 40 to 50 target coming in for Cummins, India from ARPIT. On that note, I'm going to let you go, gentlemen, Gaurav Jinai, ARPIT as well as Amar in the previous segment. Thanks so much for taking the time out and joining us. That's a wrap on this edition of market for TAFFA on the stocks. And but let's move on to an ET Now exclusive now and the Budget exclusive is that as per reliable sources, the government may hike agriculture credit target in the upcoming Budget. This hike can be as much as 20% from the previous year. For more on this, we are being joined by my colleague Prakash Priyadarshi. Prakash, take it away. Yes, we are learning from our associate that the government is likely to increase agriculture credit target in the upcoming budget. We are given to understand that the agriculture credit target is likely to be hiked by almost 20%. That means the overall target would be increased to around rupees 23 to 24,00,000 crores for the financial year 2025, which was rupees 20,00,000 crore for the financial year 2024. Along with that, hike in agriculture credit target will help government to cover new agriculture allied sectors and that will also spur rural demand and the overall growth as well. As you are aware that the government has already launched Ghar Ghar KCC campaign in order to cover lift over farmers in the scheme. Along with that, the government also plans 100% KCC cover for the farmers, including tribal farmers and allied sectors. It is important to note that the government provides credit at 7% with the additional benefit of 3% under KCC scheme if the loan is repaid on time. That clearly means that the banks and NBFC can increase their overall rural spending based on the higher credit target. Thanks for all of those details coming in on the budget front when it comes to the Agri sector. With that, it's a wrap on this edition of Market for Tougher. Before we let you go this week, on rise with India, we have the man who wears many entrepreneurial hats, from toothbrush manufacturing to setting up one of the first corporate studios in India to entering the edtech sector with Upgrad. With 30 years of experience already under his belt, Ronnie Skrawala is just getting started. Listen it Ronnie, you've been known as a media pioneer. Of course, you set up one of the first corporate studios in India with UTV. Now you have stepped into the space of Edtech with the upgrade. I wouldn't call it edtech, but go ahead. I think edtech got a bad name with one or two other people who I'm just mentioning that I'm coming to that. I'm actually coming to that because what is your sense of this space because you know, your competitors if you will, that was touted to be this huge startup star by rules, you know, from being this, you know, it takes space hero Unicorn to being now cash strapped. What is the sense that you're getting picking up from this space and what is motivating you here? There are 1.4 billion people who need to be upskilled. There are many, many people who need to do that. I don't think we need to worry about one company that got over funded by 51 investors and a founder and then went sideways. I think that is completely material, the element of where we need to go with killing, where people need to get job opportunities in this country, where we need to be self-employed in many ways, where entrepreneurship needs to be taught. It's a massive market. I think we should not even distract ourselves. And frankly, if it wasn't for the media, it wouldn't mean the news. It would be it would have already been in its graveyard, right? So I think the sector and I wouldn't call it edtech, right, because it just got that name tech because at that time it was easy for some companies to fund. Today, if you want to ask everyone, they'll want to add the a prefix of suffix of AI. So now everyone will call it Ed AI or pharma AI or medi AI. What do you prefer calling it then? No, I think basically the element, see education is a calendar event, right? But today, I think what most companies in this field, and especially like Upgrad are doing, is focused on reskilling the opportunity to give people to do online what offline will never give you for the next 100 years because you don't have the opportunity to leave your work and go forward. And that every five years you need to upskill yourself. So we take that at the core, it's a massive market, a massive need, right? And that's where we're here to fill it, right? Alright, right. Do tell us about your RSP movies. Also, is it that you want to go more into theatrical releases and with the rise and expansion of OTT, the scale of OTT, would you want to expand in OTT? What is the scenario looking? So for RSVPI, don't give it much thought because it's a hobby and a passion. I think when I built media and built UTV, which by the way was not just a movie studio, we had 10 broadcast channels, we had a business news channel. We're an animation studio. But obviously the the high profile analysis of it is always the movies part of it. But if I, when I divested that to the Walt Disney Company and after five years decided to look at it today, it's a passion project and I enjoy it because I can say no 99 times and yes, one time. And I think that's the liberating part in the creative field. If you can have the power to say no 99 times and yes, one times and you can be selective, then you're doing the right thing. So I think this is movies that I want to make, stories that I think I want to tell, along with a great bunch of three or four creative people who are my colleagues. If you like this video then like, share and subscribe to ET Now.