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Mitessh Thakkar on March 1: Buy IPCA Laboratories, & Indian Bank

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The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today.

He shared his views and readings on Eicher Motors, HDFC Bank, Bharat Electronics (BEL), Voltas, ICICI General Insurance, Godrej Consumer Products, IPCA Laboratories, Indian Bank, Bajaj Auto, Maruti Suzuki, Yes Bank.

“Breakout above levels of Rs 820 should hold IPCA Laboratories in very good state for the next 3-5 weeks. It is a slightly positional view, but buy with a stop at Rs 815 and look for Rs 950 and then Rs 990 as your two targets. Indian Bank is a buy around Rs 231 level, keep a stop at Rs 225 and look for targets of Rs 224. Bajaj Auto is something which I do like as a stock. However, the stock has had a rally in the last few weeks. So maybe some consolidation can happen. Closer to about Rs 2,850 would be excellent buying opportunity; that is where the intraday averages are placed. Keep a stop below Rs 2,825 and on the upside today’s high could be revisited which is around Rs 2,940 levels. Maruti is something which might get weaker. My sense is that it is heading towards the intraday pivot of Rs 6,780-6,790 and chances are that it will break that and possibly go towards sub Rs 6,600 which is where the stock has bottomed out on multiple occasions. So those lows could be revisited,” he said.

Talking about stocks, he said, “Eicher Motors is a sell with a stop at Rs 20,250 for targets of around Rs 19,100. Sell HDFC Bank which broke the important short-term average at about Rs 2,085, so keep a stop at Rs 2,091 and look for mild correction to about levels of Rs 2,050.”

“Buy Bharat Electronics (BEL) with a stop of Rs 81, look for targets of Rs 86 and buy Voltas with a stop at Rs 554 for targets of Rs 590,” he added.

Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-mthakkar-111/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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Godrej Consumer eyeing high single or double-digit volume growth going forward

Godrej Consumer is looking to achieve high single or double-digit volume growth going forward, said Vivek Gambhir, managing director and CEO of the company, adding that the next financial year will be better in terms of volumes.

“We continue to see good momentum and recovery in volume growth and are looking at high single or double-digit volume growth for going forward,” said Gambhir, in an interview with CNBC-TV18, adding “given our innovation agenda, the great work that team is doing on distribution, I feel optimistic that the business will perform better next year on volume growth basis.”

The stock has been under pressure since the company announced a very weak set of earnings in the third quarter.

Gambhir said the company has seen a gradual demand growth in the last 3-4 quarters and expects a much stronger uplift from rural consumption and rural growth from the second half of the year. Moreover, along with rural growth if urban growth also shows steady recovery then next year would be a much stronger year for the FMCG industry.

The company also plans to launch 6- 8 major innovations next year, said Gambhir, adding that they have no acquisition plans in the near future.

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Mitessh Thakkar on February 18: Buy HCL Technologies & Sell Colgate, Godrej Consumer, Pidilite Industries

The latest analysis and commentary by stock market guru Mitessh Thakkar on what is moving the markets today.

He also spoke at length on Colgate-Palmolive, HCL Technologies, Godrej Consumer Products, Pidilite Industries, Axis Bank, Bajaj Finserv.

Speaking about his stock ideas Mitessh Thakkar said, “Colgate is a sell, Rs 1,250 should be a stop loss, Rs 1,200 should be a target. Also a sell on Godrej Consumers, the candlestick pattern been quite negative. This one can be shorted at around Rs 668 with a stop at Rs 681 for targets of Rs 645. A conditional sell on Pidilite Industries. One buy on HCL Technologies which would recommend buying with a stop at Rs 1,048 for targets of Rs 1,080.”

Follow stock recommendations by Mitessh Thakkar here: https://www.cnbctv18.com/author/mitessh-mthakkar-111/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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Buy Dr. Reddy’s Laboratories & sell Bajaj Auto, M&M Financial, says Sudarshan Sukhani

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The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today.

He shared his views and readings on Divis Laboratories, HCL Technologies, Interglobe Aviation, BEML and Godrej Consumer Products, Dr.Reddy’s Laboratories, Bajaj Auto, Dr.Reddy’s Laboratories, Bajaj Auto, Mahindra & Mahindra Financial Services Limited, State Bank of India (SBI).

Talking about stocks, he said, “Dr.Reddy’s Laboratories is a buying opportunity that big decline and then big rally on the Friday and that rally continues that is a stock where it can outperform and also go against the market trends so Dr.Reddy’s is a buy. There are two other stocks and they have to follow the broad market the midcaps are in trouble so Bajaj Auto is a short sell. M&M Financial is a short sell.”

“Divis Lab is a buying opportunity. It fell sharply, bounced back and is at the top of its chart which means it’s not languishing. HCL Tech is another strong stock with same pattern and it’s an outperformer. It’s a buy. Indigo has been a favourite for some time and it’s a buying opportunity.”

Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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Sudarshan Sukhani on February 14: Sell Tata Steel, & IRB Infrastructure; Buy Jubilant Foodworks

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The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Godrej Consumer Products, BEML, Apollo Tyres, Interglobe Aviation, Tata Steel, IRB Infrastructure, Jubilant Foodworks.

Recommending more specific stocks ideas, Sukhani said, “Tata Steel is a short sell with Rs 484 as a stop and Rs 472 as a target. Similarly, IRB Infrastructure is a short sell. If you see the charts of IRB, see how the stock has fallen and there is no respite. Jubilant Foodworks is the only buying suggestion I am giving. It is outperforming for whatever it is worth, so consider buying Jubilant Foodworks. On a choppy day like this anything can happen.”

Speaking about the individual stock ideas, Sukhani said, “Godrej Consumer Products is a short sell. Look at the chart, consumer companies are going up, Dabur, Hindustan Unilever (HUL) outperforming, this one is falling day after day relentlessly. That is a short. BEML is a short. BEML has a relatively better chart but a sharp decline tells us that if this is a correction also, there is more downside left. Apollo Tyres – this terrible chart, Ceat, Apollo Tyres, both of them, they are now at their lows. Something is going on there in tyre companies which we do not understand, but we should be shorting them.”

“Tech Mahindra is a buy. At least it is an intraday buy. Interglobe Aviation is a buy. Every dip in Interglobe Aviation should be bought into,” he added.

Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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Sudarshan Sukhani on February 5: Buy Piramal Enterprises, Asian Paints & sell Godrej Consumer

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The latest analysis and commentary by stock market guru Sudarshan Sukhani on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Piramal Enterprises Ltd (PEL), Asian Paints, Godrej Consumer Products, Bajaj Finance, Britannia Industries, Tech Mahindra, Ultratech Cement and JSW Steel.

“Piramal Enterprises is a buy. That is a stock that has fallen a lot, built a small base and is now looking to higher levels, breaking out from that base. The second buy I have is Asian Paints. Again another very good quality share that has been a little choppy. It is bouncing from the lows. So at least the momentum trade is available here. Godrej Consumer Products is a short sell. Almost at the lows of many months and breaking those lows. so that is a short here,” he said.

“Bajaj Finance is a buying opportunity. I must point out that the Nifty itself is at a difficult position. Britannia is another fast moving consumer goods (FMCG) which is breaking out from a very attractive bullish patterns promising much higher levels, that is a buy. Tech Mahindra is a buying opportunity. IT is doing well and Tech Mahindra is outperforming there. So the focus is on stocks not on any index views. Two short sell calls – Ultratech Cement, which is already going and breaking support levels consistently. JSW Steel – same story at the lows. So focus on stocks and let the index be,” he added.

Follow stock recommendations by Sudarshan Sukhani here: https://www.cnbctv18.com/author/sudarshan-sukhani-159/

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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Godrej Consumer Q3 results today: Net profit likely to grow by over 6%

Earnings

Godrej Consumer Products Ltd is expected to report its third-quarter earnings on Tuesday. The Godrej Consumer’s stock has been an underperformer in the sector over the last one year.

Out of the  total revenues, 50 percent comes from domestic and 50 percent from the international business. On a consolidated basis, the revenue growth is expected to be 6.5 percent at around Rs 2800 crore.

Margins are expected to expand by 30 basis points. EBITDA growth is expected to be 8 percent at about Rs 635 crore. Net profit is likely to grow by about 6.5 percent at Rs 460 crore.

Domestic growth will be aided by underlying volume growth of 5-7 percent led by soaps and hair colour. For international business, Indonesia performance will be in focus.

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Rajat Bose on December 27: Buy Just Dial, Reliance Industries, & Zee Entertainment

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The latest analysis and commentary by stock market guru Rajat Bose on what is moving the markets today.

He also spoke at length on KNR Construction, Tata Elxsi, Godrej Consumer Products, Just Dial, Reliance Industries, Zee Entertainment.

On specific stocks, Bose said, “I have chosen three stocks; all three stocks are a buy. There are stocks that are showing good traction and Reliance Industries is one of them. I would put a stop loss below Rs 1,114 and target would be Rs 1,132 and Rs 1,138. Zee Entertainment I would put a stop loss below Rs 455 for a target of Rs 469. Just Dial is a good end of settlement play. Rs 494.90 is your stop loss and Rs 512 and Rs 515 are the two targets. Disclosure has it that I hold some shares of Just Dial and Reliance Industries in my investment portfolio.”

“I have chosen three stocks. Godrej Consumer Products I would put a stop loss below Rs 798.80, Rs 817.50 and Rs 825 are the two targets. Tata Elxsi Rs 1,022, Rs 1,029 and Rs 1,037 are my targets it is actually reversing its downtrend Rs 998.80 is my stop loss. Finally a positional call KNR Construction has been performing even when the market was going down. I would put a stop loss below Rs 214 and targets would be Rs 233 and Rs 239. Today I am expecting it to test Rs 225-226 levels.”

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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Rajat Bose on December 13: Buy Indusind Bank & Maruti Suzuki

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The latest analysis and commentary by stock market guru Rajat Bose on what is moving the markets today. Check out his top stock recommendations.

He spoke at length about Cadila Healthcare, Colgate Palmolive (India), Godrej Consumer Products, State Bank of India (SBI), Avanti Feed, EIH Associated Hotels, Indusind Bank, and Maruti Suzuki.

“I have chosen two buy calls, but both the stocks have advanced. Indusind Bank, I will put a stop loss just below Rs 1,600 and Rs 1,643 and Rs 1,658 would be my target. Maruti Suzuki has advanced by 50 points still the first target remains Rs 7,690 and if it crosses that Rs 7,723 but now the stop loss should be advanced to Rs 7,575.”

“I have chosen to midcaps stocks for today. In that Avanti Feed, I am now revising the target upwards. Rs 382 and Rs 385 are the two targets for Avanti Feed, Rs 367 is the stop loss. This is a buy. I am selling EIH Associated Hotels, stop above Rs 204.80 above today’s high and targets will be Rs 197 and Rs 193.”

“One pharma stock, two consumer stocks and one banking stock and all are buys. Cadila looks like it can still move up. Rs 356.90 is my target and Rs 350.80 is my stop loss. Colgate Palmolive yesterday had a good run. I am expecting it to test Rs 1,300 levels, Rs 1,299 and Rs 1,308 are the two targets and Rs 1,259.90 is my stop loss. Godrej Consumer is also looking pretty good. Rs 786 is the initial target for Godrej Consumer. Once that key number of Rs 786 is taken out, Rs 801 would be the next target and I would put a stop loss below Rs 763. Finally SBI – although, I have kept a target of Rs 291 and Rs 289, I have a feeling that it can even breach Rs 291 in today’s session, put a stop loss below Rs 283 and go long. Long position should continue until the index and the key stocks signal that there is a reversal or profit taking,” he said.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.