#DAAWAT Needs to cross 110 closing basis.. That was the approx top price after split from where it corrected. Originally rally from 45 to 650 and then split to 110 levels.. So 1100 from 45 levels. Good Brand Rising rice demand and prices. Hope fundamentals improve from herein

Good morning, Friends! I hope you're doing well. Yesterday, global markets flat, so was Indian Market. #NIFTY50 tried to break 17300 but it couldn't and faced selling pressure but still was able to hold 17100. However, in last 1 hour FII selling intensified and we witnessed tremendous selling and made a low of below 16850. 16800 was be tested many times previously as well and will automatically act as an all important support for now, which broken can lead market to 16650/16400 levels. If 16800 is saved on closing basis, we can retest 17300 levels in coming days. Above 17300, 17450 would next target. Range this becomes 16800 - 17300, which needs to be broken. For Intraday, immediate resistance is placed at 17000 and support at 16900. Create your positions accordingly. Sectors in focus: Auto, PSU Banks, Energy Stocks to watch out for: #HSIL, #MRPL, #SUNFLAG & #DAAWAT Wishing you a profitable day ahead. Yours, @NIKHILMAHESHWARI

Friends, I am very optimistic on Daawat- LT Foods. Daawat’s market cap is only 2000cr against sales of 5000cr. There are series of announcements and actions such as top line growth, margin improvement, debt reduction, acquisition, new product launches, enhanced payout, new outside talent etc; during last 2 years which are value accretive. The present PE is just 8. I expect substantial PE re-rating as its a high entry barrier business. #DAAWAT

#DAAWAT (LT FOODS) RKD to buy 20%stake in LT Foods from SALIC. RKD to invest 125Cr in LT Foods (DAAWAT). Stake purchase will happen at Rs 83.50/- which will be almost 13% premium to last close on Monday at 73.35/- RK Damani to invest $17M (approx 125Crores) to buy stake from SALIC. This will be closer to 20% stake in LT Foods. Deal will be closed this week as per sources...hearing stock can double from here in 6months, with target of 160/180

LT FOODS ( #DAAWAT ): Q2 CONS NET PROFIT 766M RUPEES VS 775M (YOY) ; 3.26B (QOQ) LOWER YOY LOWER QOQ Q2 EBITDA RUPEES 1.54B VS 1.5B (YOY) || Q2 EBITDA MARGIN 11.67% VS 12.45% (YOY) FLAT EBITDA LOWER MARGINS

·         Cadila Healthcare had earlier announced about the signing of business transfer agreement and other ancillary agreements for sale and disposal of animal healthcare established markets undertaking of Zydus Animal Health and Investments Limited, a wholly owned subsidiary company of the Company to Zenex Animal Health India Private Limited.- Positive to exit non- core business ·         LT Foods has expanded its product portfolio in the health segment with "Daawat Sehat" - a fortified everyday Basmati rice, fortified with iron and vitamin which has been very well accepted by the consumers.- Positive. ·         CL Educate Ltd board to consider stock split - Positive ·         Whirlpool announces the W Day monsoon Sale with exclusive benefits on whirlpoolindia.com till 25th July 2021.- Positive ·         Wipro reported better than expected EBIT margin and Dollar term revenue. Company reported Q1 Dollar Revenue $2414.5mn (up 12.2% QoQ) – expectation $2353mn, Income Rs18368cr (up 12.45% QoQ) – expectation Rs17500cr, Net profit Rs3243cr (up 8.1% QoQ) – expectation Rs2600cr,  Ebit Margin 18.8% vs 21% (QoQ) – expectation 17.1% and Company expect Revenue from our IT Services business to be in the range of $2,535 million to $2,583 million. This translates to a sequential growth of 5.0% to 7.0%. ·         L&T Infotech Q1 Net Profit Rs496cr (up 19% YoY) – estimate Rs456cr, Revenue Rs3463cr (up 17% YoY)  - estimate Rs3418cr, Ebitda Rs648cr (up 9.5% YoY) - estimate Rs642cr and Dividend per share Rs10  a share ·         Positive for Power stocks NTPC, ABB Power, L&T.-  A part of the storage capacity will be reserved for grid controllers for instant intervention during sharp fluctuations in power flow in the system. Some of the capacity will be left for the developers to use for commercial purposes. Government’s steps to protect domestic manufacturing has attracted a large number of proposals for setting up solar power equipment plants in the country.  Companies, including Reliance Industries and Coal India, plan to invest in the entire value-chain of solar products – from polysilicon to modules#NIFTY50 #NIFTYBANK #CADILAHC #DAAWAT

Food & food packaging industry are doing well in the pandemic. Both KRBL & LT Foods are doing well and are reasonably priced #DAAWAT #KRBL

Stocks in News Coral India Finance & Housing: Navin Bachubhai Doshi, promoter of the company, proposed to sell up to 18,67,170 equity shares of Coral India Finance & Housing. The floor price for the offer shall be Rs 35. Accelya Solutions India: Accelya Group Bidco Limited, promoter of the company, proposed to sell up to 21,81,773 equity shares. The floor price for the offer shall be Rs 910. lndraprastha Medical Corporation: The company posted a net profit of Rs 15 crore in Q4FY21 against Rs 6.4 crore in a year-ago period. TCI Express: The company's new sorting centre at Pune has become operational after receiving relevant regulatory approvals. LT Foods: The company has incorporated a wholly-owned subsidiary LT Foundation. PTC India Financial Services: The company has reported a loss of Rs 53.66 crore against a profit of Rs 7 crore. Amtek Auto: The company posted a loss of Rs 145.77 crore in Q4FY21 against a loss of Rs 78.42 crore in Q4FY20. #CORALFINAC #DAAWAT #TCIEXP #INDRAMEDCO #ACCELYA

85.6🔥🔥🔥🔥🔥 💸💸💸💸 #DAAWAT

76.4🔥🔥🚀🚀🚀🚀 #DAAWAT

Buy LT foods CMP 71 Target 80-90++ SL 63 #DAAWAT

#DAAWAT Earlier it gave Triangle breakout around 51-52, But I pick it Earlier.

LT Foods is currently trading at Rs. 53.40, up by 0.70 points or 1.33% from its previous closing of Rs. 52.70 on the BSE. The scrip opened at Rs. 53.95 and has touched a high and low of Rs. 55.75 and Rs. 51.00 respectively. So far 551870 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 55.75 on 31-Jul-2020 and a 52 week low of Rs. 13.00 on 13-Mar-2020. Last one week high and low of the scrip stood at Rs. 55.75 and Rs. 43.30 respectively. The current market cap of the company is Rs. 1701.57 crore. The promoters holding in the company stood at 56.80%, while Institutions and Non-Institutions held 7.63% and 35.57% respectively. The company has reported 25.74% rise in its net profit of Rs 26.43 crore for the first quarter ended June 30, 2020 as against Rs 21.02 crore for the same quarter in the previous year. Total income of the company increased 6.25% at Rs 642.26 crore for Q1FY21 as compared Rs 604.50 crore for the corresponding quarter previous year. On the consolidated basis, the company has reported 84.59% rise in its net profit attributable to Rs 78.84 crore for the quarter under review as against Rs 42.71 crore for the same quarter in the previous year. Total income of the company increased by 23.89% at Rs 1220.72 crore for Q1FY21 as compared Rs 985.32 crore for the corresponding quarter previous year. #DAAWAT https://multibaggerstock.in