From BAAP to SAAP! Why investors are dumping high PE stocks
"Those who do not understand valuation metrics keep on buying even at high PE levels thinking that PE expansion will continue further. But the consolidation phase can be long, which means that the PE level will compress," said Kranthi Bathini, equity market strategist at WealthMills Securities.
Adani stocks among biggest, fastest and consistent wealth creators in last 5 years
Adani's flagship Adani Enterprises, which has more than doubled in 2022 itself, has also been India's most consistent performing stock during 2017-22. It has outperformed the BSE Sensex in all the last 5 years and has the highest price CAGR of 97%.
Richer by Rs 13 trillion! RIL stock biggest wealth creator in last 5 years
TCS (Rs 9,548 crore), Infosys (Rs 5,795 crore), HDFC Bank (Rs 4,108 crore) and Bajaj Finance (Rs 3,614 crore) were the other top wealth creators on the list. Adani Transmission, which made investors richer by Rs 2,538 crore during the last 5 years, is the only Adani group stock in the top 10 list.
Alkyl Amines Chemicals, incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 14519.78 Crore) operating in Chemicals sector.
Specialty Chemical companies' earnings may surge with capacity addition
Specialty chemical companies have witnessed a smart recovery in manufacturing operations in the past one year, after the Covid-led disruptions. Supply-chain disruptions and uncertainty in China have created a significant opportunity for domestic chemical companies. Outsourcing will strengthen further as not only the supply chain shifts away from China but also from Europe on account of higher costs, said analysts.
Alkyl Amines Chemicals Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 14839.92 Crore) operating in Chemicals sector.
Corporate Radar: Supreme Industries, REC to go ex-dividend, Coal India, Paytm earnings and more
Further, the board of Sequent Scientific other than the quarterly results will deliberate on the preferential issue. The board of BLS International will meet to consider the proposal for the issue of bonus shares to the equity shareholders of the company.
Corporate Radar: SBI, JBM Auto earnings, Mefcom and Integra board meetings and more
The board of Integra Essential other than the results will deliberate on the rights issue. Also, Triveni Engineering and Industries will consider the buyback of shares. Other than that, the board of Mefcom Capital will consider a stock split. Besides, the board of Aarti Surfactants will consider raising funds.
Still not ready to move into Reliance & Nykaa but going strong on Relaxo: Saurabh Mukherjea
“We continue to be impressed by how they are executing on the telecom opportunity. Till five-six years ago, this was not a telecom company. It is remarkable to see that in the space of five-six years, a giant telecom business has been built but its the free cash flows that we look for and whilst the free cash flows remain elusive, we will keep tracking the stock without actually investing there.”
Chemicals Q2 Preview: Speciality chemical cos to outpace agrochem players
Further, gross margins are expected to remain under pressure even though companies undertook price hikes to pass on input cost inflation. According to brokerage Prabhudas Lilladher, companies undertook a 4-5 per cent hike in prices during the quarter.
Chemicals Q2 Preview: Speciality chemical cos to outpace agrochem players
Further, gross margins are expected to remain under pressure even though companies undertook price hikes to pass on input cost inflation. According to brokerage Prabhudas Lilladher, companies undertook a 4-5 per cent hike in prices during the quarter.
Minting millions: These 85 multibaggers delivered 10x return in last one decade
Out of 340 stocks, which continued to be a part of the BSE500 index for over 10 years, 210 have outperformed the benchmark. Meanwhile, 85 of them have delivered a return of 1,000 per cent or even more.
Vinati Organics, NOCIL and Galaxy Surfactants could give over 20% return each, explains Siddhartha Khemka
Under the product strategy, the focus is on product development rather than on cost control or effective process technology.At times, product may not have a ready market – the companies may have to approach consumers and demonstrate the effectiveness of their products towards whatever purposes they are intended
Indian economy is in for a couple of good years of earnings growth: Saurabh Mukherjea, Marcellus Investment
Mukherjea feels that the Indian economy is recovering nicely and the cost of credit in India continues to remain very low. Though the global economic conditions were a little choppy six months ago, but they're becoming fairly benign again.
Hot Stocks | Alkyl Amines Chemicals, Cipla and Tata Elxsi can give 17-23% return in short term, here's why
On the weekly chart of Alkyl Amines, the prices have shown a bounce on the upside. In the prior week, prices gave a breakout from the Falling Wedge pattern which is a bullish reversal pattern, said Vidnyan Sawant of GEPL Capital
Alkyl Amines Chemicals Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 16288.37 Crore) operating in Chemicals sector.
Corporate Radar: Airtel, GAIL to turn ex-dividend; ITC, Zomato Q1 results; AGMs, and more
Fortis Healthcare, Alkyl Amines Chemicals, Goodyear India and RCL Retail will have their annual general meetings (AGM) today. The boards of Easy Trip Planners will meet today to consider the Employees Stock Option Plan. Monday is the record date for dividends by Rossell India, Saksoft and Shilchar Technologies among others.
SGX Nifty up 25 points; here's what changed for market while you were sleeping
Asian stocks opened mixed on Monday as few stocks opened higher whereas Chinese and other markets opened with more losses Monday morning after muted data, which saw a surprise contraction in July, adding to worries about the world's number two economy. MSCI's index of Asia-Pacific shares outside Japan was down by 0.34 per cent.
Corporate Radar: Vedanta to turn ex-dividend; L&T, Asian Paints Q1 results; Bajaj Auto AGM and more
Asian Paints, Larsen & Toubro, Bajaj Auto, Tata Power Company, United Spirits, Union Bank Of India, Relaxo Footwears, KEI Industries, UTI Asset Management Company and Symphony are among companies that will announce their quarterly earnings today
Corporate Radar: Godrej Agrovet to turn ex-dividend; RIL, UltraTech Cement Q1 results; AGMs & more
Today is the record date for the stock split by Hindustan Foods, Ontic Finserve, Rajnish Wellness and Shanti Educational Initiatives. Hindustan Foods and Rajnish Wellness had announced splitting of shares into face value of Rs 2 from the face value of Rs 10 while Ontic Finserve and Shanti Educational Initiatives had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.
Now's the time to bond with beaten-down chemical stocks
Shares of various chemical companies have been under pressure in recent months on account of a rise in raw material prices and supply disruptions. While shares of Aarti Industries, Alkyl Amines, and Deepak Nitrite have declined 28% each since January 1, Clean Science and Fine Organics plunged 34% and 39%, respectively, during this period.
Ahead of Market: 10 things that will decide D-St action on Friday
Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said after the formation of a false upside breakout at 15,800 levels on 27th June, the absence of any sharp weakness from near the hurdle in the last three sessions could be in favour of bulls to make a comeback from the lows.
Alkyl Amines Chemicals Ltd. key Products/Revenue Segments include Amine Derivatives, Speciality Chemicals, Other Operating Revenue, Export Incentives, Scrap, Gases Industrial for the year ending 31-Mar-2021.
3 Little Champs that are Saurabh Mukherjea top picks for next 10 years
“GMM Pfaudler management has done a terrific job in taking a small Indian company and turning it into a mini multinational. They can last the distance and become a global leader in glass lined and ceramic reactors. Alkyl Amines is the market leader in Aliphatic Amines in India and the API industry is coming to India. The third is Fine Organics, the market leader in emulsifiers.”
Ahead of Market: 10 things that will decide D-Street action on Wednesday
The trend is likely to remain sideward in the short term. On the lower end, support is visible at 15,650. On the higher end, resistance is placed at 15,900/16,000,” said Rupak De, Senior Technical Analyst at LKP Securities.
Up to 19,000% rally! 8 biggest stock gainers of Narendra Modi’s 8 years in office
As per data available with Accord Fintech, as many as 261 stocks have turned multibaggers in the last eight years and 31 have delivered over 1,000 per cent returns. At the same time, there are 19 stocks that have plunged 50-90 per cent.
Accumulate slowly on 20-25% correction from current price. As most of these look very bearish for short term. But at lower levels will become great value pick......read more
Follow cash & not PAT to make good money in India: Saurabh Mukherjea
"If a company as big as Asian Paints or a Pidilite compounds profits at 15% but cash flows at 25%, it is the cash flow compounding which is driving the stock. Optically the PE multiple will look high because the P is not following E. The P is following free cash flow. "
These two companies had a successful runup over last few years and have already made long term tops. The probability of performing at par in coming quarters is very low.and that of correction is large. In view of above retailers should t......read more